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The U.S. Capitol building November 6, the President-elect Donald Trump was declared the winner of the presidential election. GOP leaders have been dreaming of another major tax package, as many tax provisions are set to expire at the end of 2025. Remember: With Republicans winning control of the Senate, delivering on Trump’s agenda will come down to whether the GOP retains a majority in the House. Even with unified GOP control, there would be challenges ahead for Republicans. One issue is the political math: House Republicans believe if they do hold onto the majority, it won’t be by much.

Persons: Donald Trump, Leah Millis, Joe Biden’s, Mike Johnson —, —, Danya Gainor Organizations: U.S, Capitol, Republicans, GOP, Trump, CNN, Democrats, Biden White, House, Republican Locations: Washington, Pennsylvania, Michigan

Trump is also wary of special elections to replace sitting lawmakers, especially in the Senate. has conveyed that he is not interested in entering the Trump administration, according to three sources familiar with the decision. Sessions, an adviser to Trump in 2016, was one of his earliest supporters when Trump elevated him from the Senate to run his Justice Department. The special election to replace him also turned into a centerpiece of Democratic organizing against Trump. Though the GOP won the special election narrowly, Republicans lost Price's congressional seat in the midterms and then watched Georgia turn blue in 2020.

Persons: Donald Trump, Trump, Steven Mnuchin, Ben Carson, Jeff Sessions, recusing, Tom Price, Ryan Zinke of, Roy Moore, Moore, Sen, Eric Schmitt, Marco Rubio, Tom Cotton, Mike Waltz, Mike Pompeo, Trump’s, Cotton, Bill Clark, Donald Trump Jr, ”, Rubio, “, I’m, ” Rubio, Pompeo, Sessions, Price, Zinke, Rick Scott's Organizations: White, Treasury Department, of Housing, Urban, Republican, Trump, CIA, Getty, Trump Jr, coy, NBC’s, Senate, Congress, Justice Department, GOP, Republicans, Interior Department Locations: Alabama, Ryan Zinke of Montana, United States, Georgia

☆ Market misunderstanding Trump administration's impact on solar energy, says Sunnova CEO John Berger
▼ + stars: | 2024-11-08 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMarket misunderstanding Trump administration's impact on solar energy, says Sunnova CEO John BergerJohn Berger, Sunnova CEO, joins 'Closing Bell Overtime' to talk the impact of the upcoming Trump administration on solar energy.

Persons: John Berger John Berger, Trump Organizations: Trump

☆ Trump presidency a concern for the future of multilateralism, says former Swedish PM
▼ + 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 EmailTrump presidency a concern for the future of multilateralism, says former Swedish PMCarl Bildt, the former prime minister of Sweden, discusses what a second Trump presidency means for Europe and NATO.

Persons: Carl Bildt Organizations: Email Trump, Trump, NATO Locations: Swedish, Sweden, Europe

☆ Why Russia's brain drain is the biggest problem facing its economy
▼ + stars: | 2024-11-08 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +6 min

Russia's brain drain has become its economy's biggest problem, an economist told Business Insider. The long-lasting nature of brain drain makes the issue more serious than, say, inflation, which could be remedied by central bank maneuvering. Over the next decade, Russia's economy could devolve into one dependent mainly on its natural resources rather than on the most innovative industries, Portes speculated. That's similar to what other economic forecasters have predicted, with some warning Russia's economy could become de-industrialized as its resources are siphoned off by the war. Advertisement"It will be reduced to a resource economy, a natural resource economy," he said of Russia's future.

Persons: —, Richard Portes, they've, Portes Organizations: Service, London Business School, Russia, French Institute of International Relations, Business, Institute of Economics, Russian Academy of Sciences, Labor, Russian, UC Berkeley Locations: Russia, Ukraine

☆ Dear Santa: Please bring me a Skibidi Toilet for Christmas
▼ + stars: | 2024-11-08 | by ( Katie Notopoulos | ) www.businessinsider.com time to read: +6 min

Now in Walmart aisles: a Skibidi Toilet action figure — a $45 mystery toilet bowl. For $44.95, I could be the proud owner of the Skibidi Toilet — complete with toilet-themed toys in the bowl. The Skibidi Toilet is marketed as a "mystery surprise toilet" by Bonkers Toys. AdvertisementThe original Skibidi Toilet was the creation of animator Alexey Gerasimov, who made it for his YouTube channel DaFuq! He said the Skibidi Toilet was outselling LankyBox by around double.

Persons: Bonkers, —, you've, Lindsay Dodgson, Dan Meyer, Meyer, it's, Blake Droesch, Emarketer, Alexey Gerasimov, Gerasimov, Adam Goodman, DreamWorks SKG, Goodman, Logan Paul, KSI, they've Organizations: Service, Walmart, YouTube, Bonkers, DreamWorks, Paramount Pictures Locations: San Diego, discounters, Santa

☆ Top German business leader recalls his days working with Trump: 'His administration was extremely receptive'
▼ + stars: | 2024-11-08 | by ( Sophie Kiderlin | In | ) www.cnbc.com time to read: +2 min

It's still uncertain what Donald Trump's second presidency will look like, but his first administration was highly responsive to business issues with a set way of operating, top German business executive Joe Kaeser told CNBC. "If I personally, for my company at the time, had an issue to resolve, his administration was extremely receptive," the chairman of the supervisory board of Siemens Energy said in an interview with CNBC's Annette Weisbach Thursday. Kaeser was Siemens' CEO throughout President-elect Trump's first term. Trump did "a lot of things which helped the economy" during his first four years in office, Kaeser said, noting that he believed the president-elect's tax cuts at the time were a positive. One study done at the time, however, showed that the Trump tax cuts, which were implemented in 2017, only had a limited contribution to the strong U.S. growth the following year.

Persons: It's, Donald Trump's, Joe Kaeser, CNBC's Annette Weisbach, Kaeser, Trump's, Trump Organizations: CNBC, Siemens Energy, Siemens, Trump Locations: New York

☆ How making money as an influencer has changed in a decade
▼ + stars: | 2024-11-08 | by ( Lindsay Dodgson | ) www.businessinsider.com time to read: +7 min

Making money as an influencer has changed a lot in 10 years, with multiple potential income streams. Ten years ago, one estimate from the influencer marketing agency Billion Dollar Boy placed the industry's value at just $200 million. Making money as an influencer has changed a lot since then, both in terms of how much individual creators can make and how. Related storiesLiam Parkinson, the cofounder of Inflverse, a financial management platform for creator agencies, made a name for himself as a content creator on YouTube. AdvertisementThere's also a push for authenticity in creator marketing, with audiences getting tired of relentless ads.

Persons: —, It's, Nirozen Thav, Liam Parkinson, Parkinson, Katya Varbanova, Varbanova, Jacob Lucas, Lucas, Savannah Britt, Britt, There's, Dominic Smales, isn't, Logan Paul Organizations: Forbes, Service, YouTube, BI, Brittprint Agency, Brands, Gleam Futures, GloMotion Studios, Inflverse, D'Amelio Locations: Feastables

☆ 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

☆ The 10-year Treasury yield has been rising. Here's where BlackRock’s Rick Rieder sees an opportunity
▼ + stars: | 2024-11-08 | by ( Darla Mercado | Cfp | ) www.cnbc.com time to read: +4 min

Opportunities abound for income-seeking investors, even as the 10-year Treasury has seen a volatile week, according to BlackRock's Rick Rieder. The iShares Broad USD High Yield Corporate Bond ETF (USHY) , for instance, has a duration of 3.2 years and a 30-day SEC yield of 7.22%. Meanwhile, the Vanguard High-Yield Corporate Fund (VWEHX) has an average duration of 2.9 years, and a 30-day SEC yield of 6.03%. "You can stay higher quality, floating rate oriented, and clip yield," Rieder said. He thinks it's prime time for income investors to snap up yield without stretching into lower quality.

Persons: BlackRock's Rick Rieder, Donald Trump, Rieder, CLOs, Janus Henderson Organizations: Treasury, Federal, BlackRock, CNBC, Standard, SEC, Fund, AAA, Janus Henderson AAA CLO Locations: CLOs, Europe

☆ First Trump administration was 'very receptive to business,' Joe Kaeser says
▼ + 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 EmailFirst Trump administration was 'very receptive to business,' Joe Kaeser saysJoe Kaeser, chairman of the supervisory board of Siemens Energy, discusses the political turmoil in Germany and weighs in on the election of Donald Trump as U.S. president.

Persons: Trump, Joe Kaeser, Donald Trump Organizations: Siemens Energy Locations: Germany

☆ Tesla was the top ‘Trump trade’ of the week, along with some energy and financial stocks
▼ + stars: | 2024-11-08 | by ( Alex Harring | ) www.cnbc.com time to read: +3 min

Tesla and a handful of other so-called Trump trades led the market rally this week as investors welcomed the Republican's victory in the presidential election. Excluding stocks that reported earnings this week, some of the best performers were those viewed as tied to Donald Trump 's win. Trump trades can earn that title by being part of sectors such as financials or energy viewed as beneficiaries of his expected shifts away from regulation, among other things. CNBC screened for the Trump trade names that led the index higher this week and did not report earnings. The electric vehicle maker is one of the best-known Trump trades given CEO Elon Musk 's advocacy for the president-elect on the campaign trail.

Persons: Tesla, Donald Trump, Trump, Elon Musk, LSEG, John Murphy, Murphy, Elon Musk's, Baker Hughes Organizations: Trump, Monday, Federal Reserve, CNBC, Bank of America Locations: Texas

☆ A pro-Trump European leader predicts he will abandon Ukraine: 'The Americans will quit this war'
▼ + stars: | 2024-11-08 | by ( Thibault Spirlet | ) www.businessinsider.com time to read: +3 min

He said that the US "will quit" the war and there's a "military defeat in Ukraine," per reports. AdvertisementHungary's leader, Viktor Orbán, has a chilling forecast: the US will abandon Ukraine under President-elect Donald Trump. Orbán's forecast comes as world leaders hold key meetings this week, in part to discuss the war in Ukraine. European leaders are convening at a European Council summit in Budapest on Friday, where they are expected to discuss security and geopolitics in Ukraine. Orbán was among the first European leaders to congratulate Trump on his victory.

Persons: Viktor Orbán, —, Donald Trump, Vladimir Putin's, Trump, Kamala Harris, Keith Kellogg, Fred Fleitz, Orbán, Axel Springer, Volodymyr Zelenskyy Organizations: Trump's, Service, Reuters, European Union, Trump, White, NATO, Street, National Security, Political Locations: Ukraine, Russia, Budapest, Europe

☆ Watch CNBC's full interview with Sunnova CEO John Berger
▼ + 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 EmailWatch CNBC's full interview with Sunnova CEO John BergerJohn Berger, Sunnova CEO, joins 'Closing Bell Overtime' to talk the impact of the upcoming Trump administration on solar energy.

Persons: John Berger John Berger, Trump

☆ 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

☆ Inflation data will be key hurdle to get through next week after stock market's historic postelection rally
▼ + stars: | 2024-11-08 | by ( Sarah Min | ) www.cnbc.com time to read: +6 min

Inflation data in the week ahead could determine whether a stock market that surged to all-time highs after Donald Trump 's decisive victory can continue to push higher. Meanwhile, the October producer price index, which excludes shelter, is set to have risen 0.3%, consensus estimates show, up from a 0.0% reading the prior month. Initial Claims (11/09) 8:30 a.m. Producer Price Index (October) Earnings: Applied Materials , Walt Disney Friday, Nov. 15 8:30 a.m. Export Price Index (October) 8:30 a.m. Import Price Index (October) 8:30 a.m.

Persons: Donald Trump, Hogan, We've, Nancy Tengler, Bitcoin, Harker, Tyson, Price Organizations: Federal Reserve, Riley Wealth Management, FactSet, Laffer, Investments, Trump, Dow Jones, Nasdaq, Atlanta Fed, Treasury, Philadelphia Reserve, Carnegie Mellon, Occidental Petroleum, Nation Entertainment, Tyson Foods, Mosaic, Treasury Budget NSA, Cisco Systems, Walt Disney, Price, Retail, Manufacturing Locations: China, U.S

Tinder cautioned investors it expected another drop in paying users in the fourth quarter. A Forbes Health survey this year reported 78% of Americans felt exhausted by dating apps. AdvertisementSingles aren't the only ones feeling the ache from dating app fatigue — Wall Street is too. AdvertisementDeflating investor energy around dating apps mirrors a national outcry of "swipe fatigue," following a decade of the apps' meteoric rise. As users grow frustrated with dating app fees and algorithms, new startup founders are entering the space.

Persons: Bumble, Tinder, —, influencer Serena Kerrigan, Whitney Wolfe Herd, Lidiane Jones, Sitch Organizations: Forbes Health, Service, Match, Inc, Bloomberg's Technology Summit Locations: Geneva

☆ Stocks making the biggest moves premarket: Pinterest, Monster Beverage, Bath & Body Works, Trump Media & more
▼ + stars: | 2024-11-08 | by ( Alex Harring | ) www.cnbc.com time to read: +5 min

Trump Media & Technology Group — Shares of President-elect Donald Trump's media company fell another 4.6% in premarket trading following a 23% plunge in the previous session. The company saw $162 million in revenue, topping the consensus expectation for $150 million. Analysts polled by FactSet penciled in 43 cents in earnings per share and $1.91 billion in revenue. Affirm lost an adjusted 31 cents per share, narrower than the consensus forecast of 35 cents, according to LSEG. Bath & Body Works — The fragrance retailer slid 2.7% in the wake of a Barclays downgrade to underweight from equal weight.

Persons: Donald Trump's, platform's, DraftKings, Sweetgreen, LSEG, Toast, StreetAccount penciling, Versace, Michael Kors, FactSet, BioNTech, Goldman Sachs, Goldman, — CNBC's Sean Conlon, Yun Li, Pia Singh, Samantha Subin Organizations: Trump Media & Technology, LSEG, Arista Networks, Arista, Capri Holdings, Capri, Beverage, Revenue, Barclays Locations: LSEG, BioNTech —

☆ Prince William said it's been the 'hardest year' of his life. It marks a shift for the royal family's image.
▼ + stars: | 2024-11-08 | by ( Mikhaila Friel | ) www.businessinsider.com time to read: +6 min

William's openness marks a shift from the royal family's traditional PR approach. AdvertisementPrince William this week opened up about his "brutal" year amid King Charles and Kate Middleton's respective cancer diagnoses. By all accounts, it has been another difficult year for the Royal Family. The royal family wasn't initially as forthcoming about the Princess of Wales' cancer diagnosis. Kate Middleton and Prince William attended King Charles' coronation day in May 2023.

Persons: Prince William, —, William, King Charles, Kate Middleton's, it's, Queen Elizabeth II's, Robert Hardman, Richard Fitzwilliams, It's, Fitzwilliams, Elizabeth II, Queen Elizabeth II, Charles , Prince Andrew, Princess Anne, Buckingham, Charles, Rishi Sunak, he'd, wasn't, Princess, Wales, Kate Middleton, Max Mumby, Kate, Elizabeth, Gyles Brandreth, Chris Jackson, William's, Jack Johnson, Jane Owen, Russell Myers, Lorraine, Myers, Owen Organizations: Service, Queen, British, relatability, Sunday Times, National Health Service, Getty Images, REUTERS, ITV, Business Locations: Cape Town, Windsor, Buckingham, king's Duchy, Lancaster, William's Duchy, Cornwall, Kensington

☆ Democrats wished the election was about jobs. Trump's win showed it was about prices.
▼ + stars: | 2024-11-08 | by ( Ayelet Sheffey | Madison Hoff | ) www.businessinsider.com time to read: +5 min

While Democrats touted job growth under Biden, Trump won over voters facing high prices. "I am promising low taxes, low regulations, low energy costs, low interest rates, secure borders, low, low, low crime and surging incomes for citizens of every race, religion, color, and creed," Trump said during remarks in September. BI adjusted 2021 amounts using Census-division-level inflation to understand how much real wages have changed across the US. Rhode Island had the highest real wage growth, just one of around a dozen states that saw an increase. Real wages massively fell in costly Washington, DC; even before adjusting for inflation wages were roughly flat.

Persons: Trump, —, Donald Trump, Joe Biden, Kamala Harris, Biden, Biden's, Jed Kolko, Matthew Yglesias, Harris, Kolko, they'll Organizations: Biden, Counties, Trump, Service, Federal, The New York Times, BI, stoke Locations: Trump, Rhode, New York, Maryland, Washington

Below, we've compiled everything you need to know about how to watch the NWSL Playoffs, starting with this weekend's quarterfinals. How to watch NWSL Playoffs in the USThe NWSL Playoffs will air across multiple streaming services and networks. Prime Video subscriptions start at $9/month, but you can also access Prime Video with a standard Amazon Prime subscription. Cord-cutters can live stream ABC through a live TV streaming service like DirecTV Stream or Fubo. Check price at ExpressVPNHow to watch NWSL Playoffs with a VPNSign up for a VPN if you don't have one.

Persons: We'll, Orlando Pride, ExpressVPN Organizations: Business, National Women's Soccer League, NJ, NY Gotham FC, Portland Thorns, Chicago Red Stars, Orlando Pride, Orlando Pride , North Carolina Courage, . Kansas City, Bay FC, Washington, Video, CBS, ABC, Orlando, Amazon, Amazon Prime, Carolina Courage, Paramount Plus, Paramount, Showtime, Nickelodeon, Comedy Central, BET, MTV, DirecTV, DirecTV Stream Locations: Orlando Pride ,, Bay, NJ

☆ 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

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

☆ What a second Trump administration may hold for one part of clean energy: nuclear power
▼ + 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 EmailWhat a second Trump administration may hold for one part of clean energy: nuclear powerCNBC's Pippa Stevens discusses how energy policies from the second Trump White House may affect nuclear power operators, and those who've also struck deals to leverage their sites for AI technology.

Persons: Trump, Pippa Stevens, who've Organizations: Trump White

☆ My autism makes networking extra challenging. Here's what I wish people knew.
▼ + stars: | 2024-11-08 | by ( Hannah Wang | ) www.businessinsider.com time to read: +4 min

After I was diagnosed with autism, it made sense why these networking events were so hard for me. I didn't have to maintain eye contact with someone new every five minutes or try to make out what they were saying over a loud crowd. Then, three years later, I was diagnosed with autism at 21, and it suddenly made sense why networking was extra difficult for me. Breaking eye contact doesn't mean I'm not interested in talking anymoreMaking eye contact is not easy for me. Traditional networking spaces make networking a nightmare for meAll the networking spaces I've been in have made networking extra challenging for me.

Persons: —, I've, we're, It's Organizations: Service, Autism

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