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☆ China has increased military flights near Taiwan by 300%, U.S. general says
▼ + stars: | 2024-11-08 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Courtney-Kube-Circle-Byline-Template.Jpg | Courtney Kube | ) www.nbcnews.com time to read: +7 min

The Chinese military has increased its provocative flights around Taiwan by 300% over the last five months, according to the commander of the U.S. Air Forces in the Indo-Pacific Command. In an exclusive interview with NBC News, Gen. Kevin Schneider warned that People’s Liberation Air Force activities have increased dramatically since Taiwan’s new president was inaugurated in May. Schneider noted that the Chinese Air Force has maintained the increased activity level since Lai Ching-te was sworn in on May 20. Chinese President Xi Jinping has said that he intends to unify Taiwan with mainland China and has steadily ramped up military pressure on democratically governed Taiwan. Trump has not committed to defending Taiwan during a Chinese military invasion.

Persons: Kevin Schneider, ”, Schneider, Lai Ching, te, Lai, Liu Pengyu, “, William Lai, Daniel Ceng, Will Trump, Xi Jinping, Xi, William Burns, Donald Trump’s, Trump, Joe Biden’s, they’d, Biden, Feng Hao, Gen Organizations: U.S . Air Forces, Pacific Command, NBC News, Liberation Air Force, Taiwan’s Ministry of National Defense, Chinese Air Force, Embassy, Washington , D.C, Taiwan, Getty, CIA, Bloomberg Businessweek, U.S, Theater Command, PLA, Anadolu, Trump, United States Locations: Taiwan, China, Beijing, Washington ,, Japan, South Korea, Hawaii, Alaska, Guam, Taoyuan, Anadolu, U.S, “ Taiwan, Washington

If he wins the election in November, he has pledged to follow a similar course on another contentious policy proposal: ending birthright citizenship. Under Trump’s proposal, at least one parent would need to be a citizen or legal resident for a child to receive birthright citizenship. Trump had pledged to end birthright citizenship when first running for president in 2015 and he raised it again in 2018. Opponents of birthright citizenship say that language means citizenship is denied to anyone whose parents are not legally in the country. Sometimes relevant information could be hard to determine, such as if the immigration status of an absent parent is not known to the other.

Persons: WASHINGTON, Donald Trump, Trump, ” Trump, ”, Omar Jadwat, “ It’s, Mark Krikorian, Paul Ryan, Ken Cuccinelli, Cuccinelli, Christopher Hajec, James Ho, Ho, Wong Kim Ark, ” Hajec, “, Emma Winger Organizations: Supreme, American Civil Liberties Union, Center for Immigration Studies, American Immigration Council, . Citizenship, Immigration Services, Republican, of Homeland, Trump, Heritage Foundation, Immigration Reform Law Institute, Circuit, Appeals, Social Security Administration, State Department, Department of Homeland Security, Social Locations: U.S, United States, New Orleans, States, San Francisco, China

☆ Her wife died and she went on a cruise. Then she met a fellow passenger who changed her life forever
▼ + stars: | 2024-11-08 | by ( Francesca Street | ) edition.cnn.com time to read: +27 min

“But Bobbi didn’t.”At the end of the 10-day cruise, Tam disembarked thinking how Bobbi was very different from their ex-husband. Tam & Bobbi WatermanAlmost 1,000 miles apart, Tam and Bobbi stayed in touch via instant messages and social media updates. Tam & Bobbi WatermanAs Bobbi started living authentically in 2023, she and Tam also started preparing for the trip of a lifetime. So when they learned about Royal Caribbean’s Ultimate World Cruise, a nine-month long world cruise setting sail in December 2023, the couple jumped at the chance. “That was the hardest thing on the world cruise, because my passport was my old name and my old gender.

Persons: Bobbi Waterman, Bobbi, Bobbi didn’t, didn’t, Tam Asbury, Tam, ” Bobbi, —, ” Tam, “ I’d, ”, they’d, “, I’d, Tam couldn’t, Bobbi hadn’t, ’ ”, “ Bobbi, Tam didn’t, We’ve, They’ve, who’d, “ Tam, ’ Tam, ‘, she’d, Tam’s, Bobbi’s, ” Tam’s, Tam Waterman, Bobby, ‘ You’re, ’ I’d, Bobbi Waterman Bobbi, NASA —, ’ ” Bobbi, She’d, “ I’ve, stepgranddaughters, she’s, You’ve, Bobbi Waterman “, you’ve, nothing’s, Tam marveled, ” They’re, there’s, ” “ Organizations: CNN, CNN Travel, NASA, ”, Skype, Amsterdam’s, Royal, Melbourne Airport, New Zealand, eBay, YouTube, Mount Fuji Locations: Fiji, American, Florida, Australia, Pacific, Melbourne, “, Amsterdam, Netherlands, Budapest, Hungary, Paris, Europe, London, Northern, Bobbi, Sydney, Perth, New, Connecticut, Alaska, Bobbi’s, Boulder , Colorado, Hawaii, America, Tam of Florida, Bobbi’s Florida, Mexico, Tam, Japan, Antarctica, Brisbane, Hong Kong, Vietnam, Grenada, Spain, Portugal

☆ New Chinese stealth fighter to take center stage at China’s biggest airshow
▼ + stars: | 2024-11-08 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms | ) www.nbcnews.com time to read: +4 min

China’s new J-35A stealth fighter jet will be displayed for the first time next week at the country’s biggest civil and military airshow, a biennial event where Beijing showcases its expanding aerospace industry. The J-35A, which uses airstrips to take off and land, is a variant of the J-35, a stealthy aircraft China is developing for use on aircraft carriers. Diplomats and security analysts have closely watched the evolution of J-35 variants given the importance of the plane to China’s aircraft carrier program, which seeks to expand jets’ range and payload to project power beyond China’s home waters. Monday marks the 75th anniversary of the PLAAF, which will have its largest presence at the airshow, according to Xinhua, China’s state-run news agency. This year’s Zhuhai airshow is its first post-pandemic edition since Beijing lifted its zero-Covid policy and travel restrictions in 2023.

Persons: Donald Trump, Lockheed Martin, China’s, Kelly Ortberg, COMAC Organizations: China International Aviation, Aerospace, ”, People’s Liberation Army Air Force, Shenyang Aircraft Corporation’s, SU, Lockheed, People’s Liberation Army, Diplomats, Airbus, Embraer, Boeing, Industry, U.S Locations: Beijing, Greater Bay, Zhuhai, Taiwan, South China, China, Russia, West, Xinhua, China’s

☆ China announces $1.4 trillion over five years to tackle local governments’ hidden debt
▼ + stars: | 2024-11-08 | by ( Evelyn Cheng | Evelyn Cheng Is A Senior Correspondent With Cnbc. | ) www.nbcnews.com time to read: +3 min

BEIJING — China on Friday announced the central government would allocate an additional 6 trillion yuan ($840 billion) to local governments for tackling hidden debt issues. The policies will reduce hidden debt from 14.3 trillion yuan to 2.3 trillion yuan by 2028, Lan said. At the parliamentary meeting, officials had reviewed a plan to increase the limit on how much debt local governments can issue, according to state media. The additional quota would go toward swapping out local governments’ hidden debt. Nomura estimates that China has 50 trillion yuan to 60 trillion yuan ($7 trillion to $8.4 trillion) in such hidden debt, and said it expected that Beijing could allow local authorities to increase debt issuance by 10 trillion yuan over the next few years.

Persons: of Finance Lan Fo’an, Lan, Xi Jinping, Donald Trump —, —, Nomura Organizations: Friday, of Finance, People’s Bank of, People’s Congress, U.S, Nomura, International Monetary Fund Locations: BEIJING, China, Beijing, People’s Bank of China, Covid

☆ Almaty, Kazakhstan: How a drab Soviet metropolis became Central Asia’s capital of cool
▼ + stars: | 2024-11-08 | by ( Joe Yogerst | ) edition.cnn.com time to read: +11 min

Almaty, Kazakhstan CNN —Several cities around the globe have reinvented themselves in recent years, but none more successfully than Almaty. Since the collapse of the USSR, Kazakhstan’s largest city (population 2.2 million and growing) has evolved from a drab, run-of-the-mill Soviet metropolis into the urban star of Central Asia. “It’s an incredibly livable city,” says long-time American resident Dennis Keen, a historic preservation advocate and founder of Walking Almaty. Over and underground artThe Abilkhan Kasteev State Art Museum is filled with more than 20,000 works of art. Other good collections include the Ihlas Museum of Folk Musical Instruments (in a Russian-style wooden mansion built in 1908) and the ethnographic artifacts of the Almaty Museum.

Persons: It’s, “, ”, Dennis Keen, ” Keen, “ It’s, Jama Nurkalieva, Charles O, Cecil, Alamy, Auyl, James Talalay, Lukas Bischoff, Keen, Roshcha Organizations: Kazakhstan CNN, Walking, Central, Cathedral, Astana, Tselinny Center of Contemporary, Dynamo, Prix Versailles, Park, Art, Louvre, Art Museum, Ihlas Museum, Folk, Almaty Museum, Eiffel, of Contemporary, Academy of Science, Turkish Airlines, Air Astana, Ritz, Carlton Locations: Almaty, Kazakhstan, USSR, Kazakhstan’s, Central Asia, Walking Almaty, “, Central Asian, China, Europe, Russian, Soviet Union, Shan, Lower Kolsai Lake, There’s, Soviet, Zholy, Almaty Metro, Almaly, Auezov, Istanbul, Beijing, Seoul , New Delhi, Bangkok, Arasan, Otrar, Lanzhou, Novotel, Darejani, Ascension

On the wide-open roads of America, Yifei Xu has conducted an experiment in humanity. “I want to show that human nature is good!” Xu said. “To be honest, before I came here I had a different — and you could even say, slightly negative — perception of America,” Xu said in Mandarin, speaking with NBC News. And although many people offered him more than food — perhaps cash or a ride — he said he refused both. David Hatker was at home having dinner with his family in Davis, California, when Xu came knocking.

Persons: Yifei Xu, “, ” Xu, Xu, Bennington , Nebraska —, David Hatker, ”, he’s Organizations: NBC News, ”, U.S Locations: America, Shanghai, United States, China, Russia, England, France, Catawissa , Pennsylvania, Bennington , Nebraska, Davis , California

☆ China just announced a $1.4 trillion plan to rescue its local governments
▼ + stars: | 2024-11-08 | by ( Huileng Tan | ) www.businessinsider.com time to read: +3 min

China has announced a local government debt rescue program days after Trump won the US election. Trump has threatened tariffs of 60% on Chinese goods, complicating China's economic gloom. AdvertisementChina announced a debt rescue program to the tune of $1.4 trillion to save heavily indebted local governments and boost its economy. The plan also allows local governments to tap 4 trillion yuan in special local bonds over five years. China's local governments have been struggling to repay their LGFV debt, which the International Monetary Fund estimated to be around 60 trillion as of last year.

Persons: Trump, —, Li Kiang, Donald Trump's, Vishnu Varathan, Mizuho Bank's Organizations: Trump, Service, China, China's, National People's Congress, International Monetary Fund, Reuters Locations: China, Xinhua, Beijing, Washington, Asia, Japan

☆ Dollar winds down after volatile week, China NPC in focus
▼ + stars: | 2024-11-08 | by ( ) www.cnbc.com time to read: +4 min

The dollar further unwound some of its sharp gains from earlier in the week as traders closed out profitable bets on a Trump presidency after his election victory. That helped lift sterling back toward the $1.30 mark, while the yen similarly got some respite and hovered closer to the 153 per dollar level. Sterling last traded $1.2983, recovering from its fall to a roughly three-month low earlier in the week. Against a basket of currencies, the dollar ticked up 0.03% to 104.44, on track to gain just above 0.1% for the week. "All eyes are on what may emerge from China's policy toolkit after the conclusion of the NPC standing committee meeting."

Persons: Donald Trump's, Chancellor Olaf Scholz, Kerry Craig, Trump, Wells, Jay Bryson, Sterling, David Chao Organizations: White, National People's Congress, Trump, Federal Reserve, Morgan Asset Management, Traders, Bank of England, NPC, New Zealand, Asia Pacific, European Union Locations: U.S, Beijing, Germany, Wells Fargo, Japan, Invesco

☆ Australian school named world’s best new building of 2024
▼ + stars: | 2024-11-08 | by ( Oscar Holland | ) edition.cnn.com time to read: +3 min

Singapore CNN —A humble suburban school in Australia has fended off competition from skyscrapers, museums and airport terminals to be named World Building of the Year 2024. Brett BoardmanA school had long been on the south Sydney site, though the old 1970s building was no longer fit for purpose, according to fjcstudio, the design firm behind the project. The World Building of the Year was selected from the winners of each category, as chosen by a panel of 175 festival delegates. Friday’s result marks the second consecutive year that the WAF judges opted for an educational building, with a serene boarding school in China taking last year’s title. Darlington Public School is also the second Sydney building to win in the past three years, after Quay Quarter Tower — dubbed the world’s first “upcycled” skyscraper for retaining two-thirds of an old high-rise on the site — won in 2022.

Persons: Singapore CNN —, Brett Boardman, fjcstudio, Alessandro Rossi, “, ”, — Organizations: Singapore CNN, Darlington Public School, Housing, Darlington Public, National Star Observatory of Locations: Singapore, Australia, Sydney, Chippendale, fjcstudio, WAF, ” Sydney, National Star Observatory of Cyprus, Polish, Turkey, China, Copenhagen, Denmark

☆ 7 telling moments from Putin's first speech since Trump won
▼ + stars: | 2024-11-08 | by ( Tom Porter | ) www.businessinsider.com time to read: +6 min

Russian President Vladimir Putin addressed the Valdai Forum on Thursday. The Russian president said he'd be open to discussing Ukraine with Trump. AdvertisementRussian President Vladimir Putin on Thursday congratulated Donald Trump on his US election victory in a wide-ranging speech that was followed by a three-hour marathon question and answer session. Trump's "desire to restore relations with Russia, to help end the Ukrainian crisis, in my opinion, deserves attention at least," the Russian president said. His reference to China's 'reasonable' Taiwan policyThe Russian president backed ally China's position on Taiwan, the independent island that Beijing has menaced with the prospect of invasion.

Persons: Vladimir Putin, he'd, —, Donald Trump, Putin, Trump, China's, that's, Israel's Organizations: Trump, Service, NATO, NBC, Russian Federation, West, Russia, Analysts Locations: Taiwan, Ukraine, Russia, Russian, Beijing, China, Europe, Brazil, India, South Africa, Israel, Palestine

☆ A travel expert who has been to 55 countries says these pricey destinations are better during the fall shoulder season
▼ + stars: | 2024-11-08 | by ( Joey Hadden | ) www.businessinsider.com time to read: +2 min

Travel experts recommend visiting popular destinations during shoulder season for fewer crowds. Shoulder season, between the peak and offseason, offers less congestion and lower travel costs. Fall can be ideal for visiting US and European destinations with better weather and fewer tourists. Brandon Shaw, the cofounder and COO of The Tour Guy, recommends traveling during the shoulder season, or the time between a destination's peak season and the offseason, when travel is less popular and typically less expensive. AdvertisementTourism seasons vary depending on the location, but in many US and European destinations, shoulder season tends to land in the fall.

Persons: —, Brandon Shaw, Guy, Shaw Organizations: Service, Business, BI Locations: Rome, Europe

☆ Drought plagues majority of Northeast as dry, windy weather raises fire risk
▼ + stars: | 2024-11-08 | by ( Denise Chow | ) www.cnbc.com time to read: +4 min

Several homes were evacuated as a wildfire spread through the Colliers Mills Wildfire Management Area in Ocean County, New Jersey. Lokman Vural Elibol/ | Anadolu | Getty ImagesDry and unseasonably warm conditions in the Northeast have plunged much of the region into drought, fueling wildfires in New Jersey, Connecticut and Massachusetts. "To have such persistent periods of really intense drought conditions is not very common." The Drought Monitor's latest map, released Thursday, showed drought conditions expanding from Virginia, Pennsylvania and New York up into Massachusetts and Maine. Dry conditions have intensified in some states, with parts of New Jersey, Pennsylvania, West Virginia and Maryland now in "extreme" drought.

Persons: Lokman Vural, Benjamin Cook, Lamont, Brian Fuchs, " Fuchs, Fuchs, rainier Organizations: Colliers, Management, Anadolu, Getty, National Oceanic, Atmospheric Administration, Regional Climate Center, D.C, U.S . Drought Monitor, University of Nebraska, U.S, Drought Monitor Locations: Ocean County , New Jersey, New Jersey , Connecticut, Massachusetts, U.S, Philadelphia, Newark , New Jersey, Wilmington , Delaware, Norfolk , Virginia, Washington, Palisades , New York, Virginia , Pennsylvania, New York, Maine, New Jersey , Pennsylvania, West Virginia, Maryland, Lincoln, New York , New Jersey, Pennsylvania, Great Lakes, Northeast

☆ Mountain Fire in Ventura County prompts Californians to flee their homes
▼ + stars: | 2024-11-08 | by ( Karina Tsui | ) edition.cnn.com time to read: +7 min

At least 132 properties have been destroyed by the fire, while 88 have been left damaged, Ventura County Fire Department officials said Thursday evening. Ten people endured non-life-threatening injuries from the Mountain Fire, which are mostly related to smoke inhalation, Ventura County Sheriff Jim Fryhoff said. “We see it over and over and over: People have the best intentions to stay and defend their home right up until the time the fire hits their home,” Ventura County Fire Chief Dustin Gardner said. Red flag warnings have expired for the Los Angeles area and will expire for the Los Angeles and Ventura County Mountains by Friday at 11 a.m. PST. The cause remains unknownThough reasons for the Mountain Fire’s rapid spread are clear, its cause remains unknown, a Ventura County fire official said Thursday morning.

Persons: CNN — Terrie Morin, Dave, Morin, ” Morin, “, ”, Ventura County Sheriff Jim Fryhoff, couldn’t, ‘ Dave, ’ ” Morin, Fryhoff, Dustin Gardner, Steven Snyder, ” Snyder, Snyder, Johnson, ” Johnson, don’t, CNN’s Taylor Romine, Rebekah Riess, Mary Gilbert, Robert Shackelford Organizations: CNN, Fire, Cal Fire, Ventura County Fire Department, Ventura County Sheriff, Ventura County Fire, fireproofing, Firefighters, Los, Southern California Edison, Ventura County – Locations: Camarillo, California’s Ventura County, Ventura County, California, Los Angeles, Southern California, Southern

☆ European markets expected to open in mixed territory after Fed, Bank of England cut interest rates
▼ + stars: | 2024-11-08 | by ( Sam Meredith | ) www.cnbc.com time to read: +1 min

Skyscrapers on the skyline in the financial district of Frankfurt, Germany, on Monday, Nov. 4, 2024. European markets were expected to open in mixed territory on Friday, as investors awaited corporate results and reacted to quarter-point interest rate cuts from the U.S. Federal Reserve and Bank of England. It comes as market participants continue to take in political upheaval in Germany and Donald Trump's historic presidential election victory this week. Elsewhere, Asia-Pacific markets were mixed on Friday, with investors closely monitoring the final day of China's National People's Congress, which is expected to announce fiscal stimulus measures. On Wall Street, U.S. stock futures gained marginally after the S&P 500 and Nasdaq Composite notched fresh records in a post-election rally.

Persons: Germany's DAX, Donald Trump's, Chancellor Olaf Scholz, Christian Linder, Scholz Organizations: U.S . Federal Reserve, Bank of England, France's CAC, IG, People's Congress, Nasdaq Locations: Frankfurt, Germany, Asia, Pacific, U.S

☆ How to profit if rates keep rising, going against the Fed and stock investors
▼ + stars: | 2024-11-08 | by ( Jeff Kilburg | ) www.cnbc.com time to read: +3 min

U.S. government bond yields have surged too, puzzling many market participants. I am going to stick with the contrarian view and bet on rates continuing to move higher. I'll express that through a bearish bet on the iShares 20+ Year Treasury Bond ETF (TLT) which tracks bond prices. Various inputs have driven yields higher, creating the opposite outcome for the Fed as they continue to try to land the proverbial plane. Jeffrey Gundlach stated (post Fed meeting) that interest rates could shoot even higher if Republicans end up controlling the House too.

Persons: Donald Trump's, Jeffrey Gundlach, Jerome Powell, TLT Organizations: Federal Reserve, Treasury Bond ETF, Fed, Treasury, CNBC, NBC UNIVERSAL

☆ Asia-Pacific markets poised to climb after Fed rate cut; China's NPC in focus
▼ + stars: | 2024-11-08 | by ( Lim Hui Jie | ) www.cnbc.com time to read: +1 min

People visit a riverside in front of the Lujiazui financial district, during the National People's Congress (NPC) in Shanghai, China, March 7, 2023. Aly Song | ReutersAsia-Pacific markets were set to climb on Tuesday, after the U.S. Federal Reserve cut interest rates by 25 basis points and major U.S. indexes continued their postelection rally. In Japan, the country will be releasing spending data for September, which will offer clues to the policy path ahead for the Bank of Japan. Strong spending data would support the case for the BOJ to raise rates, and vice versa. If stocks follow futures, the Hong Kong index will hit its highest level in about a month.

Persons: Aly Song, Australia's Organizations: National People's Congress, Reuters, U.S . Federal Reserve, China's National People Congress, Bank of Japan, Nikkei Locations: Shanghai, China, Reuters Asia, Pacific, U.S, Asia, Japan, Chicago, Osaka, Hong Kong

☆ Watch: TV show dramatizes how quickly daily life in Taiwan could crumble if China attacked
▼ + stars: | 2024-11-08 | by ( ) edition.cnn.com time to read: 1 min

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☆ Longview's Dewardric McNeal says brace for huge challenges ahead when it comes to U.S.-China trade
▼ + stars: | 2024-11-08 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailLongview's Dewardric McNeal says brace for huge challenges ahead when it comes to U.S.-China tradeDewardric McNeal, Longview Global managing director & senior policy analyst, joins 'Fast Money' to talk possible trade headaches that could come along with a Trump tariff hike.

Persons: Longview's Dewardric McNeal, Dewardric Organizations: Longview Global Locations: U.S, China, Trump

☆ Lupin Global CFO: Medicine business benefitting from supply chain diversification
▼ + stars: | 2024-11-08 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailLupin Global CFO: Medicine business benefitting from supply chain diversificationRamesh Swaminathan, Global CFO of Lupin discusses the impact of Trump's win on the Indian pharmaceutical sector. Growing demand for affordable medicines, and diversification from China are key factors benefitting his company. He also talks about R&D and productivity as drivers to further increase margins.

Persons: Ramesh Swaminathan, Lupin Organizations: Medicine Locations: China

☆ Trump promised massive tariffs on imports but how he’ll pull it off is still being figured out
▼ + stars: | 2024-11-08 | by ( Kayla Tausche | ) edition.cnn.com time to read: +6 min

Washington CNN —Just days after winning a comeback election, President-elect Donald Trump is evaluating how his campaign promises might translate into policy. As a candidate, Trump pledged to slap 60% tariffs on all goods coming in from China and 10% tariffs on goods imported from all other countries. “The way that President Trump looks at tariffs are not in isolation. Trump’s economic advisers – and the president himself – view the forthcoming tariff revenue as a way to offset that cost. “If he can use the tariffs as a means to an end, he’ll do that.”CNN’s Katie Lobosco contributed to this report.

Persons: Washington CNN —, Donald Trump, ”, Trump, Kelly Ann Shaw, Hogan Lovells, –, ” Trump, Larry Kudlow, it’s, ” “, Karoline Leavitt, Vance, Jake Colvin, ” Colvin, “ That’s, Robert Lighthizer, Elon Musk, “, he’s, Katie Lobosco Organizations: Washington CNN, CNN, Trump, Republicans, Jobs, Tax, Center, Social Security, Advisers, “, National Foreign Trade Council, European Union, EU, EV Locations: China, Trump’s, America, Canada, There’s, Tesla

☆ Wall Street is bullish on one portfolio retail stock while raising concerns about another
▼ + stars: | 2024-11-08 | by ( Paulina Likos | ) www.cnbc.com time to read: +5 min

The news on Home Depot Telsey Advisory Group, a leader in retail industry analysis, upgraded Home Depot stock to a buy-equivalent outperform on Friday. The news on Best Buy Citi lowered its Best Buy price target to $109 per share from $115 on Friday while maintaining its buy-rating on the stock. BBY YTD mountain Best Buy stock performance year-to-date. Bottom line Despite Citi's concerns, we're sticking with Best Buy. Best Buy should be well-positioned to benefit from falling interest rates if home sales pick up again.

Persons: —, Telsey, Jim Cramer, Jim, they're, Donald Trump's, Jim Cramer's, Ting Shen Organizations: Advisory, Depot, Federal, Home Depot, Home, Citi, Trump, CNBC, Home Depot Inc, Bloomberg, Getty Locations: China, Washington , DC

☆ Richemont results miss expectations, hit by weaker China demand
▼ + stars: | 2024-11-08 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailRichemont results miss expectations, hit by weaker China demandCartier-owner Richemont saw its earnings results hit by China and a fall in demand for luxury watches.

Persons: Cartier, Richemont Locations: China

Generative AI wasn't part of the lexicon for most of us during President-elect Donald Trump 's first four years in the White House. At a high level, generative AI is a cutting-edge form of technology that will shape the next decade and beyond. While the AI field has been around for decades, generative AI applications can create new content, including computer code, human-like text and images, in response to user prompts. Those that lead in generative AI will very likely shape the world as we know it. With 5G, Trump didn't just hope the U.S. could just fun faster than everyone else.

Persons: Donald Trump, ChatGPT, Kamala Harris, Trump, Elon Musk, OpenAI, JD Vance, Vance, Joe Biden's, Trump's, OpenAI's Sam Altman, Alphabet's Sundar Pichai, Jim Cramer, it's, Jim, they're, Jim Cramer's, Callaghan Organizations: Trump, Billionaire, Republican, Big Tech, Republican Party's, GOP, 5G, Mobile, Sprint, Verizon, Nvidia, Microsoft, Huawei, Biden, Deutsche Bank, South China, Taiwan Semiconductor Manufacturing, Apple, Washington, Intel, Eaton, Trust, CNBC, Convention Center, Callaghan O'hare Locations: Ohio, U.S, United States, America, We've, China, Taiwan, South, Beijing, Palm Beach, West Palm Beach , Florida

☆ Trump claims Kim Jong Un ‘misses’ him. But he faces a very different North Korean leader this time around
▼ + stars: | 2024-11-08 | by ( Simone Mccarthy | ) edition.cnn.com time to read: +10 min

Hong Kong CNN —No United States leader has handled relations with North Korea quite like Donald Trump. But the second Trump administration will face an emboldened and arguably more dangerous North Korean leader. The North Korean leader has met with his “closest comrade” Russian President Vladimir Putin twice since last September and inked a major defense pact in June. Russian President Vladimir Putin and North Korean leader Kim Jong Un meet in Pyongyang this past June. That means the North Korean leader may look for benefit in Trump’s return.

Persons: Donald Trump, Kim Jong, ”, Kim, Trump, Kim “, Kim –, extinguishes, Vyacheslav Madiyevskyy, ’, Rachel Minyoung Lee, ” Kim, ” He’s, Biden, Vladimir Putin, Lee, Dmitry Azarov, –, Robert O’Brien, “, ” O’Brien, Chul Lim, “ Trump, Duyeon Kim, Putin –, Yoon Suk, Edward Howell Organizations: Hong Kong CNN, North Korean, Reuters, Trump, Stimson, North, South, AP, CNN, North Korea Research Center, University’s Institute, Far Eastern Studies, Center, New, New American Security, US, Korea's, Chiefs, Staff, NATO, North Korea, University of Oxford Locations: Hong Kong, States, North Korea, Pyongyang, Russia, Moscow, Ukraine, United States, South Korea, Kharkiv, Singapore, Hanoi, North, Washington, North Korean, Japan, ” Russian, China, Iran, Korea, Russian, Seoul, New American, Korean, Beijing, United Kingdom

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