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“President Trump is going to hit the Justice Department with a blowtorch, and Matt Gaetz is that torch,” Steve Bannon, Trump’s former White House strategist, told NBC News. Sen. Lisa Murkowski, R-Alaska, said she didn't think Gaetz was "a serious nomination for the attorney general." From bitter experience, Trump knows that he needs an attorney general he can trust implicitly, and it might be worth the political capital to battle for Gaetz's confirmation. Little happened in Trump’s first term that angered him as much as Attorney General Jeff Sessions’ decision to recuse himself and appoint a special counsel to investigate whether there were links between his 2016 campaign and Russia. In Gaetz, Trump would get an attorney general who has said Trump won the election that year, as well as an iconoclast who shares his willingness to upset the status quo.

Persons: Donald Trump, Trump, Matt Gaetz, Steve Bannon, Trump’s, Pete Hegseth, Tulsi Gabbard, Tom Homan, Kristi Noem, Mount Rushmore, James Mattis, Mattis, John Kelly, Kelly, who'd, Hegseth, Donald J, ”, Max Stier, Gaetz, Kamala Harris, Sen, Lisa Murkowski, Kevin Cramer, Jeff Sessions, I’m, ” Trump, Robert Mueller, William Barr Organizations: WASHINGTON, Justice Department, Defense, Justice, White, Department, White House, NBC News, Fox News, Democrat, Trump, South Dakota Gov, National Guard, Partnership for Public Service, Senate, Republicans, FBI, CDC, ATF, DOJ, NBC, Washington Locations: Afghanistan, Iraq, Alaska, Russia

☆ Trump victory may give TikTok a lifeline to remain in the U.S.
▼ + stars: | 2024-11-14 | by ( Jonathan Vanian | Jonathan Vanian Is A Technology Reporter For Cnbc.Com | ) www.nbcnews.com time to read: +6 min

In April, President Joe Biden signed a law that requires China’s ByteDance to sell TikTok by Jan. 19. Although both Republicans and Democrats supported the Biden TikTok ban in April, Trump voiced opposition to the ban during his candidacy. At TikTok, meanwhile, Chew has remained quiet since Trump’s victory, just as he had been in the lead-up to Election Day. In his March interview with “Squawk Box,” Trump said Meta, which owns Facebook and Instagram, posed a much bigger problem than TikTok. Since launching his TikTok account in June, Trump has amassed over 14 million followers.

Persons: Donald Trump, Tim Cook, Meta’s Mark Zuckerberg, Jeff Bezos, Shou Zi Chew, Joe Biden, Jan, Trump’s, Trump, CNBC’s, “, Kamala Harris, “ We’re, Trump hasn’t, Vance, Karoline Leavitt, ” Leavitt, TikTok, Jeff Yass, Sarah Kreps, Chew, Long Le, Le, “ He’s, ” Le, ” TikTok, ” Trump, ”, Mark Zuckerberg, Cornell’s Kreps, Zuckerberg, ” Kreps, ” Meta, Milton Mueller, ” Mueller, Sen, Rand Paul, “ They’re, he’s Organizations: U.S, U.S ., Apple, Google, White, Democrats, Biden, Trump, Democratic, CNBC, Republican, Susquehanna International Group, NBC, Cornell University, Santa Clara University, Facebook, Meta, Georgia Tech’s School of Public Locations: U.S, Chew, TikTok, ByteDance, Yass, China, Ky

Owens, Mayor Chokwe Antar Lumumba and City Council member Aaron Banks were indicted last month on conspiracy and bribery charges. Barbara Gauntt / Clarion Ledger / USA Today via ImagnA City Council member, Angelique Lee, resigned in August and pleaded guilty to conspiracy to commit bribery. “People are tired; they just want some good stuff done,” said Vernon Hartley, a City Council member for one of the city’s poorest wards. Aaron Banks is the second Jackson City Council member to be charged in the federal bribery case. Angelique Lee, a former City Council member, resigned and pleaded guilty to conspiracy to commit bribery.

Persons: JACKSON, —, Virgi Lindsay, ” Lindsay, Jody Owens, Lauren Witte, “, ”, Owens, Chokwe Antar Lumumba, Aaron Banks, Mayor Chokwe Antar Lumumba, Barbara Gauntt, Angelique Lee, Sherik Marve Smith, Smith, Jackson, Vernon Hartley, ” Owens, Banks, Lumumba, They’re, Lee, Rogelio V . Solis, The United States ”, Hartley, Lindsay, Ashby Foote, Hannah Mattix, Foote, ” Foote, ” Hartley Organizations: Miss, Council, Clarion Ledger, FBI, Southern District of, City Council, City, “, Department of Housing, Urban Development, U.S, Southern, Southern District of Mississippi Owens, Jackson City Council, ”, Attorney’s Office, The United, NBC News, Republican, Capital Club, USA, Solutions Locations: Jackson, Hinds, Hinds County, Southern District, Southern District of Mississippi, Imagn, Nashville, Florida, Owens, Africa, The United States, generalities, City

"OMG," a current senior Justice Department official said. Another Justice Department employee said, "I’m struggling to find words." "And look, he is uniquely qualified," that Justice Department official said, snarkily. A current senior Justice Department official "did not see this coming," while another called it "absolutely unbelievable." A former senior Justice Department official, meanwhile, said in a text message Gaetz's selection "cannot be real."

Persons: Donald Trump's, Matt Gaetz —, ” Gaetz, ”, Gaetz, I’m, Kevin Dietsch, Ray Epps, Brandon Straka, “, Trump, Matt, ” Said Organizations: WASHINGTON, Justice Department, Trump, FBI, Department, Justice, U.S . Capitol, Republican National Committee, Democratic National Committee, Senate, Department of Justice Locations: Florida, United States, Pennsylvania

☆ Indonesia’s Argo Wilis Panoramic offers a scenic ride through Java
▼ + stars: | 2024-11-14 | by ( Leyla Rose | ) edition.cnn.com time to read: +8 min

This is the view from the Argo Wilis Panoramic, a bright and airy carriage on the Argo Wilis train. The Argo Wilis Panoramic carriage sits idle in Surabaya Gubeng Station. “For example, the Argo Wilis is named after a non-active volcano in East Java,” explains a railway guard. As well as the Argo Wilis Panoramic, there is also the Argo Parahyangan Panoramic and the Pangandaran Panoramic running back and forth between Jakarta and Bandung. If you’re traveling west on the Argo Wilis Panoramic, it’s worth exploring Bandung, where the train terminates.

Persons: Josh Edwards, KAI, ”, Argo, Yogyakarta Josh Edwards, There’s, It’s, Siripong, Parahu, Ismail Rajo, “ Organizations: CNN, Argo, Solo, KAI, UNESCO, Heritage, ” Locations: Surabaya, East Java, Bandung, West Java, Southeast Asia, Indonesia, Java, Surabaya Gubeng, Sumatra, Sulawesi, Jakarta, Yogyakarta, Borobudur, Asia, Indonesia’s, Central Java, Surakarta, Pasar, Sukuh, Mt Lawu, Nature, Ismail, Paris, ” Bandung, British

Pete Hegseth, President-elect Donald Trump’s pick for secretary of defense, has said that he believes women should not serve in combat and that he wants to see the military purged of “woke” officials who support diversity, equity and inclusion initiatives. Neither Fox News nor Trump’s transition team immediately responded to requests for comment about Hegseth’s on-air remarks about the military. Hegseth was an Army National Guard infantry officer, serving tours in Afghanistan and Iraq and at Guantánamo Bay, Cuba. “I’m straight up just saying that we should not have women in combat roles,” Hegseth said on the podcast. “Who?” Sen. Bill Cassidy, R-La., said on Capitol Hill when he was asked Tuesday evening about Trump’s picking Hegseth.

Persons: Pete Hegseth, Donald Trump’s, “, ”, Trump’s, Hegseth, Trump, Pete, Shawn Ryan, CQ Brown, ” Hegseth, hasn’t, Qassam, Edward Gallagher, “ They’re, Gallagher, Richard Spencer, Daniel Penny, Penny, Jeffrey Prosperie, ” Prosperie, Matt Gaetz, Sen, Marco Rubio, Democrat Tulsi Gabbard, I’m, he’s, Gretchen Carlson, Hegseth’s, Brian Kilmeade, ” Sen, Bill Cassidy, “ I’m, Mike Rounds Organizations: Fox News, Trump, “ Fox & Friends, Fox, Army National Guard, Defense Department, Joint Chiefs of Staff, Air Force, Pentagon, U.S, Navy SEAL, Marine, Associated Press, Democrat, Weekend Fox, Defense, Friends, Hegseth’s Fox News, Senate, Capitol Locations: America, Afghanistan, Iraq, Guantánamo Bay, Cuba, U.S, Iran, New York City, Marco Rubio of Florida

☆ Matt Gaetz, Trump’s pick for attorney general, had been a subject of a sex trafficking investigation
▼ + stars: | 2024-11-14 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Tom_Winter_Nbc_News.Jpg | Tom Winter | ) www.nbcnews.com time to read: +4 min

Matt Gaetz, President-elect Donald Trump’s pick to run the Justice Department, has previously been investigated over allegations of sex trafficking of a 17-year-old girl — a federal probe that ultimately did not yield criminal charges. Rep. Matt Gaetz, R-Fla., at the Republican National Convention in Milwaukee on July 16. Greenberg pleaded guilty in May 2021 to several crimes, including the sex trafficking of a 17-year-old girl. Stephen Alford, 62, of Fort Walton Beach, Florida, said he could help the Matt Gaetz secure a presidential pardon, authorities said. Matt Gaetz has said the allegations stemmed from the extortion plot.

Persons: Matt Gaetz, Donald Trump’s, Gaetz, “, ”, Angela Weiss, ’, Joel Micah Greenberg, Gaetz’s, Greenberg, scoffed, Don Gaetz, Stephen Alford, Alford, Robert Levinson, Matt Gaetz’s, Biden, Joe Biden, ” “, ” Gaetz Organizations: Justice Department, Capitol, Justice, DOJ, Republican National Convention, Getty, NBC News, “, Politico, Gaetz, FBI, Fort Walton Locations: Florida, Milwaukee, Bahamas, Seminole County , Florida, Fort, Fort Walton Beach , Florida, Iran

WASHINGTON — A triumphant President-elect Donald Trump huddled with House Republicans before their leadership elections Wednesday and threw his support behind Speaker Mike Johnson, a key ally, as the GOP prepares for unified control of government next year. Trump, the 45th and future 47th president, got multiple standing ovations from rank-and-file Republicans at the meeting. After the event with Republicans, Trump headed to the White House for a meeting with President Joe Biden. House Appropriations Committee Chairman Tom Cole, R-Okla., said Trump's meeting with Republicans was less about specific policy proposals and more of a "rah-rah address." Even before Trump's endorsement, Republicans were expected to nominate Johnson to continue as speaker in the 119th Congress.

Persons: WASHINGTON —, Donald Trump, Mike Johnson, Johnson, Trump, Elon Musk, Vivek Ramaswamy, Kamala Harris, Joe Biden, Tom Cole, Troy Nehls, Nehls, Andy Harris, “, Kevin McCarthy, McCarthy, Scott DesJarlais, — Harris, Dusty Johnson, —, Harris, We've, Steve Scalise, Tom Emmer, Sen, John Thune of, Mitch McConnell of, Elise Stefanik, Lisa McClain, Kat Cammack, Rand Paul, Rick Scott, Richard Hudson of, Blake Moore of, Kevin Hern, Gary Palmer of, Palmer, Hern, Erin Houchin, Mark Alford of, Mariannette Miller, Meeks, sidestep, Trump's, Johnson Organizations: Republicans, GOP, Hyatt, Capitol, Trump, NBC, Tech, “ Department, Government, White, Rep, House Republicans, HFC, Caucus, Freedom Caucus, Main Street, Stefanik, Republican, United Nations, National Republican Congressional Committee, Oklahoma, Committee, Reps, Mar, Republican Party, Congress Locations: Washington, Mar, Florida, Texas, America, John Thune of South Dakota, Mitch McConnell of Kentucky, New York, U.S, Lisa McClain of Michigan, Sens, Ky, Richard Hudson of North Carolina, Blake Moore of Utah, Gary Palmer of Alabama, Indiana, Mark Alford of Missouri, Iowa

The Oklahoma school district where a transgender student died this year after an altercation in a bathroom violated federal law by mishandling sexual harassment allegations, according to an investigation by the federal Education Department. The department’s Office of Civil Rights opened an investigation into Owasso Public Schools in March following a complaint from the Human Rights Campaign, the country’s largest LGBTQ advocacy organization. A photograph of Nex Benedict is projected at a candlelight service in Oklahoma City on Feb. 24. The department said the district failed to respond to sexual harassment allegations repeatedly over three years, in violation of Title IX regulations that were implemented in 2020. The new regulations require district staff members to explain the process to file Title IX complaints or promptly contact complainants to discuss supportive measures like counseling or schedule changes.

Persons: Nex Benedict, Nate Billings, Benedict, Sue, “, ”, Jordan Korphage, Margaret Coates, ” Coates, ” Kelley Robinson, ” Robinson Organizations: federal Education Department, Civil Rights, Owasso Public Schools, Human Rights, HRC, Owasso High, The Oklahoman, USA, U.K, Education Department, Owasso Public, District Locations: Oklahoma, Oklahoma City, America

☆ It's time to rethink what work-life balance really means
▼ + stars: | 2024-11-14 | by ( Lindsay Dodgson | ) www.businessinsider.com time to read: +5 min

A work-life balance is a priority for many. But it may be more beneficial to balance energy and find personal "golden hours" for productivity. AdvertisementThe pursuit of a work-life balance is at the heart of so many workplace conversations. "I don't think work-life balance exists," Dilan Gomih, the founder and CEO of the workplace performance and wellness consultancy Dilagence, told Business Insider. However, provided work doesn't overtake all of your personal time, there may be some wisdom in rethinking the definition of work-life balance.

Persons: —, Zers, Jeff Bezos, Bezos, Veronica West, there's, Gomih, Breese Annable, Annable, West Organizations: Service, Vox's

☆ Amazon's new discount section 'Haul' looks like a Temu version of Temu
▼ + stars: | 2024-11-14 | by ( Katie Notopoulos | ) www.businessinsider.com time to read: +4 min

I've gotta say, sadly: It's the Temu version of Temu. It's Amazon's attempt to compete with cheap e-commerce apps like Temu, Shein, and the TikTok Shop. The Haul section of Amazon's app is now in beta mode. The sweater section on Amazon's Haul section has a familiar aesthetic. But for now, to me, it just feels like a sort of crummy version of Temu.

Persons: —, Ava Max, Lady Gaga, It's, Obama, Shein, China — Organizations: Amazon, Service, Apple, Business Locations: Temu, China, Utah

☆ An ex-Meta employee calculated that his family of 3 needs $5.6 million to retire in San Francisco. Here's the formula he used and how he plans to hit his 'enough number.'
▼ + stars: | 2024-11-14 | by ( Kathleen Elkins | ) www.businessinsider.com time to read: +8 min

When Andre Nader got laid off, he and his wife had enough in savings that he didn't have to job search. To go from 'semi FIRE' to 'full FIRE,' he calculated his family of 3 would need $5.6 million. He and his wife were living and working full-time in tech in San Francisco, raising a toddler, and loosely planning on eventually leaving the expensive Bay Area. His "enough number" is also different — it's closer to $5.6 million, he told Business Insider. His "enough number" is constantly shifting, but here's how he came up with $5.6 million for a family of three living in San Francisco.

Persons: Andre Nader, doesn't, —, Meta, Nader, They'd, I'm, I've, outsized, he's, Roth Organizations: Service, FIRE, Affordable, UC, Social Security, Vanguard, Market, Index Fund Locations: San Francisco, Meta, California

☆ Actress Sydney Sweeney slams ‘fake’ female empowerment in Hollywood
▼ + stars: | 2024-11-14 | by ( Jack Guy | ) edition.cnn.com time to read: +2 min

CNN —Hollywood star Sydney Sweeney has hit out at what she calls “fake” pronouncements on female empowerment in the entertainment industry. “This entire industry, all people say is ‘women empowering other women.’ None of it’s happening. “I’ve read that our entire lives, we were raised — and it’s a generational problem — to believe only one woman can be at the top. There’s one woman who can get the man. There’s one woman who can be, I don’t know, anything,” said Sweeney.

Persons: Sydney Sweeney, “, Sweeney, Carol Baum, ” Sweeney, ”, “ I’ve, ’ I’m, I’m, Christy Martin, she’s, Martin — Organizations: CNN, Hollywood Locations: Hollywood

☆ Disney dodges the Trump question
▼ + stars: | 2024-11-14 | by ( Peter Kafka | ) www.businessinsider.com time to read: +4 min

Last week, Warner Bros. "In a way, we've already consolidated," he said on the company's earnings call Thursday morning, in response to a question about M&A possibilities during Trump 2.0. Disney, like other media companies that have news organizations, has already drawn Trump's ire, during the 2024 campaign. During that fight, conservatives harped on the company, calling it too "woke," while liberals — including some Disney employees — felt the company wasn't forceful enough in standing up for diversity. AdvertisementIt's no surprise, then, that Iger didn't say the word "Trump" once during his call.

Persons: Bob Iger, Iger, he's, —, Trump, we've, Rupert Murdoch's Fox, David Zaslav, Zaslav, John Malone, Malone, it's, JD Vance, Matt Gaetz, Murdoch's, Kamala Harris, He's, Paramount's, Ron DeSantis, harped Organizations: Warner Bros, Discovery, Service, Trump, Disney, Comcast, Big Tech, of Justice, Time Warner, Murdoch's Disney, ABC, Paramount's CBS, Gov Locations: Hulu, Disney's, Florida

☆ At Tesla, some are celebrating stock gains — others worry Elon will lose focus
▼ + stars: | 2024-11-14 | by ( Grace Kay | ) www.businessinsider.com time to read: +5 min

Tesla employees are contending with a CEO whose list of commitments grows by the day. Most celebrated the company's surging stock price — it's up nearly 33% year to date — as Tesla stock makes up a significant share of most workers' compensation. Musk's growing list of commitmentsIn the runup to the election, Tesla CEO Elon Musk threw his money and influence behind Donald Trump. 🇺🇸🇺🇸🇺🇸 — Ashok Elluswamy (@aelluswamy) November 6, 2024Kimbal Musk, Elon Musk's brother and a Tesla board member, also appeared to celebrate the win. "On one hand, you want to celebrate the fact that the stock is up an insane amount," the employee said.

Persons: Elon Musk, Donald Trump, Vivek Ramaswamy, Musk, Trump's, Postelection, hasn't, Ashok Elluswamy, Elon, Don ’, cris, ric cars. At, vic Organizations: Elon, Tesla, Trump, PAC, America PAC, Department of Government, Palm, House Republicans, icl Locations: California, Texas, Palm Beach , Florida, Trump's, Mar, Palm Beach, Washington, DC, Palm

☆ Marine Le Pen court case: French far-right leader’s next bid for presidency threatened as prosecutors seek political ban
▼ + stars: | 2024-11-14 | by ( Kathy Rose Obrien | Pierre Bairin | ) edition.cnn.com time to read: +4 min

CNN —French prosecutors have asked for prison time and a five-year ban from politics for far-right leader Marine Le Pen, potentially derailing her bid to become president in 2027. The prosecution also asked that the RN should be fined €2 million ($2.1 million) and Le Pen herself €300,000 ($316,000). Le Pen outside the courtroom on November 13, 2024. “Fighting Madame Le Pen is done at the ballot box, not elsewhere,” Darmanin added. The General Assembly, the French Parliament, holds a question time session on November 12.

Persons: CNN —, Marine Le, Le Pen, Pen, Geoffroy van der, …, ” Patrick Maisonneuve, “, Let’s, ” Maisonneuve, Matteo Salvini, ’, Gerald Darmanin, ” Darmanin, France’s, Andrea Savorani Neri, NurPhoto, François Hollande, Nicolas Sarkozy, Emmanuel Macron, Macron, Le Pen’s Organizations: CNN, €, Getty, National, General Assembly, Front Locations: France, Paris, Geoffroy van der Hasselt, AFP, French

☆ Hollywood Is Leaving Los Angeles: Remote Work Comes to TV, Movies
▼ + stars: | 2024-11-14 | by ( Lucia Moses | ) www.businessinsider.com time to read: +14 min

AdvertisementLately, creative workers are increasingly chasing their Hollywood dreams in production hubs far from Hollywood. FilmLA, which issues permits for production in the region, found that Greater Los Angeles' share of US-produced TV and film projects declined from 23% in 2021 to 18% last year. Brin said Lexington had attracted 30 film and TV projects so far this year, representing more than $2 million in local spending. Actually being on a set is only one part of entertainment production. While the power of Los Angeles is dispersing, no single "new Hollywood" is coming to take its place.

Persons: Joe Gallegos Jr, he'd, Bailee Madison, Lukasiak, Pat Boone, Gallegos, JJ Abrams, HBO Max —, he's, It's, Patrick Adler, Taner Osman, couldn't, Tiffany FitzHenry, Lisa Brin, Brin, Noah Hawley, Maddy Bilder, Yorgos, Guy, Ryan Gosling, Emily Blunt, Tyler Mitchell, I've, Bilder, Adler, Otis, FitzHenry, hasn't, Keisha Perry, Cedric, I'm, She's, Lucia Moses Organizations: Netflix, HBO, of Labor Statistics, Westwood Economics, Planning Associates, Dallas, Miami, Hollywood, Bureau of Labor Statistics, Marvel, Otis, Creative, Lex Studios, Austin, Austin Film Society, Southwest, Sony, Universal Pictures, Ampere, Technology, ScreenIt, LA, Westwood, Gallegos, Business Insider's Media Locations: New Mexico, Los Angeles, Albuquerque, La La, Hollywood ., America, California, Atlanta, Hollywood, LA, Georgia, Kentucky, Lexington, New York, Ireland, Budapest, South Africa, Hungary, Australia, North America, Saudi Arabia, Miami

☆ I'm a chef with over 15 years of experience. Everyone should know this recipe for twice-baked potatoes.
▼ + stars: | 2024-11-14 | by ( Alissa Fitzgerald | ) www.businessinsider.com time to read: +5 min

As an experienced chef and cooking instructor, I love this take on twice-baked potatoes. Here's my go-to recipe for twice-baked potatoes with mascarpone and chives. Alissa FitzgeraldRusset potatoes mash beautifully and retain a great shape when the insides are scooped out thanks to their thicker skin. Additionally, this recipe uses medium-sized potatoes since cutting these beauties in half isn't as visually appealing as stuffing them whole. Alissa FitzgeraldThe filling for these twice-baked potatoes has two notable tweaks from many classic recipes — there's no added milk, and it calls for mascarpone instead of sour cream.

Persons: —, I've, uncle's, Alissa Fitzgerald, mascarpone, pepe Organizations: mascarpone, Service Locations: Gaziantep, Turkey

☆ A Singaporean AI startup is trying to disrupt the 100-year-old market research industry
▼ + stars: | 2024-11-14 | by ( Shafi Musaddique | ) www.cnbc.com time to read: +5 min

Finding ways to attract consumers to buy packaged goods stretches back to the 1920s when American psychologist Daniel Starch created the world's first market research study. Founded in Singapore in 2018, the startup provides AI-powered market research with real-time predictive analytics. Rival firms include ZoomInfo Sales, Trajaan and Brandwatch Consumer Intelligence, all of which deploy a variety of technology to comb through consumer data and marketing trends. Somsubhra Gan Choudhuri, co-founder and CEO Ai Palette, said AI can take up much of the brain power usually done by people. Along with VC investors, Ai Palette has had the backing of the Singapore government, which is committing more than three quarters of a billion Singaporean dollars ($7,500,000) to AI development to strengthen its AI ecosystem.

Persons: Daniel, Ai, Gan Choudhuri, CNBC's, Choudhuri, Kellogg, Conor Delahunty, Vishal Harnal Organizations: ZoomInfo, Brandwatch Consumer Intelligence, CNBC Tech, Diageo, Nestlé, Pepsico, Symrise, Global, Venture Locations: Singapore, Thailand, Indonesia, Malaysia, Philippines

☆ Homebuilders fear Trump's mass deportations would inflate costs and make it even harder to hire
▼ + stars: | 2024-11-14 | by ( Eliza Relman | ) www.businessinsider.com time to read: +6 min

Homebuilders and economists have said a deeper labor shortage could cause housing costs to spike. The issue is the construction labor force, whose 500,000-worker shortage is already making conditions more challenging. Related Video Musk visits border, calls for Trump-style wallForeign-born workers make up about a quarter of the construction workforce. They argue that the surge in home costs is largely a result of the nationwide housing shortage, and immigrants are a key part of building housing. AdvertisementDuring the pandemic, many older, experienced workers retired, and the pipeline of younger US-born workers isn't sufficient, homebuilders say.

Persons: Homebuilding execs, Donald Trump's, —, Eric Finnigan, John Burns, Ben Metcalf, Jim Tobin, JD Vance, Trump, Vance, Barack Obama, Obama, Joe Biden, Tom Homan, Chad Blocker, Homebuilders, Dennis Webb Organizations: Service, Trump, University of California, National Association of Home Builders, Immigration, Biden Locations: Berkeley, Los Angeles, Phoenix

☆ Neom, Saudi Arabia's high-tech desert city, is heading for a dialed-down first stage as costs soar
▼ + stars: | 2024-11-14 | by ( Shubhangi Goel | ) www.businessinsider.com time to read: +3 min

Amid rising costs, Saudi Arabia is scaling back Neom plans to focus on sports venues. The new city faces financial challenges, leadership changes, and scrutiny over human rights issues. AdvertisementSaudi Arabia is changing plans for mega-city Neom to cut costs and prioritize building for international sporting events. Governments and human rights groups have also scrutinized alleged human rights abuses, including of migrant workers building Neom. In July, Saudi Arabia rejected allegations that three men were sentenced to death because they criticized evictions to make way for the Neom project.

Persons: —, Neom, Francois Nel Organizations: Service, Reuters, Games, NEOM Beach, Neom Locations: Saudi Arabia, New York City, Saudi

☆ Buying opportunity or time to bail? What to do with gold following the postelection selloff
▼ + stars: | 2024-11-14 | by ( David Keller | ) www.cnbc.com time to read: +4 min

First, let's recognize the strength of the uptrend in gold leading into November 2024. While the two trends were both higher in October, a post-election surge in the US Dollar appeared to signal the end of the golden era of gold in 2024. And while the long-term chart of gold remains in decent shape, the short-term reversal in recent weeks has pushed gold stocks down to key price support. Now the GDX is testing its 200-day moving average, which also represents a 50% retracement of the 2024 bull phase. In terms of a longer-term inflection point for gold, it's all about finding signs of accumulation.

Persons: it's, wasn't, we'd, David Keller Organizations: Nasdaq, Gold Miners, CMT, CNBC, NBC UNIVERSAL

Delta Air Lines allows buyers to personalize gift cards with photos and is shipping gift cards for free through Dec. 13. Royal Caribbean sells gift cards that can be redeemed for a cruise booking, but not pre-cruise purchases such as shore excursions, beverage packages and internet. Intrepid Travel, which specializes in sustainable tours for small groups, lets gift buyers purchase specific tours for another person. Other websites offer gift cards that aren't tied to specific brands, but reviews are mixed on some of those companies. For example, Finnair gift cards expire in one year, while Airbnb gift cards aren't available in every region.

Persons: Zs, millennials, Reddit, Rick Steves, Hilton Organizations: American Airlines, Delta Air Lines, Marriott, Royal, Intrepid Locations: Italy, Rick Steves Italy, Lyft, Royal Caribbean, U.S

☆ Bitcoin could hit $100,000 by Inauguration Day, says crypto expert—what a Trump Presidency could mean for digital assets
▼ + stars: | 2024-11-14 | by ( Ryan Ermey | ) www.cnbc.com time to read: +5 min

"A Kamala presidency would have meant the same exact things for crypto and digital assets in four years' time as a Trump presidency," Brokate says. Part of crypto's upward price momentum stems from investor optimism in what a Republican-controlled government could mean for digital assets, Brokate says. But forward-looking investors say that the current market for crypto is barely scratching the surface of potential investor demand. That is, crypto advocates say, if the U.S. government provides a clearer regulatory framework for financial institutions to market and sell crypto and other digital assets to customers. Ideally, crypto enthusiasts say, the U.S. would eventually establish regulatory frameworks similar to the one that exists in Europe known as MiCA — Markets in Crypto Assets.

Persons: Kamala, Trump, Brokate, Federico Brokate, bitcoin, Geoff Kendrick, Andy Baehr, hasn't, Baehr Organizations: Republican, Trump, Crypto, CNBC Locations: U.S, Europe

☆ CSX CEO talks tariffs and manufacturing: 'As long as the economy’s growing, we’ll be a part of it'
▼ + stars: | 2024-11-14 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

CSX CEO Joe Hinrichs discussed what a change in tariffs and manufacturing might mean for the railroad line in a Thursday interview with CNBC's Jim Cramer, explaining why he thinks his company is well-positioned. "From our standpoint, actually, as long as it's coming to the U.S., we're going to move it somewhere," Hinrichs said. "If tariffs change the trade portfolio — as long as the economy's growing, we'll be a part of it." President-elect Donald Trump is expected to raise tariffs substantially when he takes office, which could change trade patterns, especially with China. Hinrichs also suggested that an increase in domestic manufacturing would be positive for CSX, something that could be bolstered by the Trump administration's tariff policies.

Persons: Joe Hinrichs, CNBC's Jim Cramer, Hinrichs, Donald Trump, it's Organizations: CSX, Trump Locations: U.S, East Coast, China, West Coast, Chicago, Memphis, America

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