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Pushing the funding fight to next year would put Trump in position to have far greater say. Congress faces a jam-packed to-do list of critical legislative items, including the annual defense policy bill. The next Trump loyalty test – who will lead the Senate GOP? The new Senate GOP leader will be elected by secret ballot, meaning no one will know who voted for which candidate. The House and Senate are only expected to be in session for two weeks before leaving for the Thanksgiving holiday.
Persons: Donald Trump won’t, Trump, Mike Johnson, Johnson, , Kelly Armstrong, , Trump’s, Dusty Johnson of, “ I’m, Mitch McConnell, John Thune of, John Cornyn of, Rick Scott, McConnell, , ” Thune, Cornyn, ” Scott, Scott, Sens, Marco Rubio, Tommy Tuberville, Bill Hagerty, Ron Johnson, they’d, haven’t, Elon Musk, Musk, Hakeem Jeffries, There’s, Alayna Treene Organizations: CNN, White House, Capitol, Republican Party, GOP, Trump, North, Republican, Senate, Florida Republican, Democratic, Republicans, National Defense, Department of Defense Locations: North Dakota, Dusty Johnson of South Dakota, Sens, John Thune of South Dakota, John Cornyn of Texas, Florida, Marco Rubio of Florida, Alabama, Tennessee, Wisconsin, Washington, United States
In this courtroom sketch, former U.S. president Donald Trump appears by video conferencing before Judge Juan Merchan during a hearing before his trial over charges that he falsified business records to conceal money paid to silence porn star Stormy Daniels in 2016, in Manhattan state court in New York City, May 23, 2023. A New York judge on Tuesday delayed by one week ruling on whether to toss guilty verdicts against President-elect Donald Trump in his criminal hush money case, or to move toward sentencing in late November. The postponement was announced two days after the Manhattan District Attorney's Office asked the judge for time to consider how Trump's electoral win affects the case. Manhattan Supreme Court Judge Juan Merchan, who was set to issue his ruling Tuesday, is now scheduled to determine if the case should be dismissed on Nov. 19. Trump is currently set to be sentenced Nov. 26 on 34 counts of falsifying business records related to a hush money payment made by his former lawyer Michael Cohen to porn star Stormy Daniels shortly before the 2016 presidential election.
Persons: Donald Trump, Juan Merchan, Stormy Daniels, Trump, Michael Cohen Organizations: Manhattan, Attorney's Locations: Manhattan, New York City, York
Matthew McConaughey knows that success can lead to making a lot of money, but the actor says that the two are not the same. But McConaughey said he's looking to make a "profit" in his life rather than in his bank account. They couldn't necessarily say what they were good at, just good dealmakers who made the right calls." McConaughey reportedly turned down a $15 million offer to star in a "Magnum, P.I." Plus, sign up for CNBC Make It's newsletter to get tips and tricks for success at work, with money and in life.
Persons: Matthew McConaughey, McConaughey, who've Organizations: Guardian, Dallas Buyer's, CNBC
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Hong Kong CNN —Police in southern China have detained the driver of a car that plowed into people exercising in the grounds of an outdoor sports center on Monday evening, leaving scores injured. A car “hit multiple pedestrians and then fled the scene” at the Zhuhai Sports Center in the southern city of Zhuhai at around 8 p.m. Monday, police said in a statement. The driver, a 62-year-old man, is in police custody, the statement said, adding that investigations are underway. The Zhuhai Sports Center features an outdoor track and field and is frequented by local residents for daily exercises. But it has faced a spate of attacks targeting random members of the public, including school children, in recent months.
Persons: geolocated, Caixin, Liu Organizations: Hong Kong CNN — Police, Zhuhai Sports Center, CNN, Social Media Locations: Hong Kong, China, Zhuhai, Beijing, Shanghai, Tai’an, Shandong province
Alibaba International promotes its e-commerce platform for small businesses at the Canton Fair in Guangdong, China, on Oct. 16, 2024. BEIJING — Chinese e-commerce giant Alibaba on Tuesday unveiled an artificial intelligence-powered search engine for small businesses in Europe and the Americas to source supplies. Initial tests showed businesses' purchase intent using the new tool increased by 40% versus traditional search engines, according to Kuo Zhang, president of Alibaba.com and vice president of Alibaba International. The initial version is web-based and supports English, German, French, Portuguese and Spanish, according to the company. At the end of the search, the tool lists a number of procurement options for the business to discuss directly with each supplier.
Persons: Kuo Zhang, Alibaba.com, Harry Potter Organizations: Alibaba, Fair, Alibaba International, CNBC Locations: Guangdong, China, BEIJING, Europe, Americas
An employee works in the cockpit of a Boeing P-8 Poseidon maritime patrol aircraft on the production line at Boeing's 737 factory in Renton, Washington, November 18, 2021. Boeing machinists approved a new contract last week that included 38% pay raises over four years and other improvements, ending a more than seven-week strike that halted output of most of Boeing's aircraft production. Boeing's 787 Dreamliner production continued during the strike because those planes are made in a nonunion factory in South Carolina. Despite the strike pause, Boeing continued to sell dozens of aircraft in October, with 63 gross orders, two shy of September's total. Forty of them are 737 Max 8s for the Avia Solutions Group.
Persons: Max, Kelly Ortberg Organizations: Boeing, Avia Solutions, LATAM Airlines Locations: Renton , Washington, Washington state, Oregon, South Carolina
On Election Day, Representative Barbara Lee, a California Democrat, joined some two dozen Black women outside a polling place in Prince George’s County, Md., to celebrate the rise of Vice President Kamala Harris. The ebullient group included Angela Alsobrooks, who later that day became one of two African American women elected to the U.S. Senate, which has never had more than one Black woman serving at a time. Dawn Moore, the first lady of Maryland, was there too, as was the mayor of Bladensburg, Takisha James, and members of the Town Council, all of whom are Black women. She had brought her grandson to witness history. Instead they left with “tears in our eyes,” she said.
Persons: Barbara Lee, Kamala Harris, Angela Alsobrooks, Dawn Moore, Takisha James, , Lee, Organizations: California Democrat, U.S . Senate, Town Council, Howard University Locations: California, Prince George’s County, Md, Maryland, Bladensburg
Before having my baby I was working as an actor in Los Angeles. I went back to casting and working six weeks postpartum and am grateful for my husband's support. AdvertisementI went back to work when she was 6 weeks oldMy daughter was born in November, which was lucky timing. As a commercial actor, I didn't have co-workers in the traditional sense, but I did have co-auditioners. More than once, we had to come home early from a family trip so that I could make it to a shoot I'd been cast in while out of town.
Persons: , I'd, hadn't, she'd Organizations: Service Locations: Los Angeles, Oxford, Palm Springs
President-elect Donald Trump on Tuesday won a stay of deadlines in his hush-money case. Trump was to learn Tuesday if the case is dismissed, and if not be sentenced next week. AdvertisementOne week from sentencing, President-elect Donald Trump has won at least a temporary stay in his criminal hush-money case. On Friday, the judge in the Washington, DC-based election-interference case similarly froze all deadlines until at least December 2 on agreement with the special counsel. AdvertisementIn the hush-money case, two pending deadlines are now at least temporarily wiped from the calendar.
Persons: Donald Trump, Trump, , Juan Merchan, Attorney Alvin Bragg, Jack Smith, Fani Willis, Fulton County , Georgia —, Smith, Merchan Organizations: Tuesday, Service, New, Prosecutors, Attorney Locations: Manhattan, Fulton County , Georgia, Washington, DC, Florida
While keeping buy ratings on both stocks, Nathanson raised his firm's price targets on Alphabet and Meta. In support of giving Alphabet the edge, he sees faster revenue growth from Meta but at a higher cost. For one, Meta has consistently delivered revenue and earnings ahead of consensus, rooted in stron advertising revenue from AI advancements. Bottom line Jim Cramer sees merit in MoffettNathanson's buy calls on Alphabet and Meta and believes it is just about "time to buy both" of these AI and advertising leaders. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.
Persons: It's, Michael Nathanson —, Craig Moffett, , underperformance, Nathanson, Jim Cramer, Trump Donald Trump's, Jim Cramer's, Jim, Mark Zuckerberg, Sundar Pichai Organizations: MoffettNathanson Research, Facebook, Meta, Reality Labs, Labs, Google, Tech, Trump, CNBC, REUTERS Locations: Meta
At Wisp, which offers two types of emergency contraception online, sales of those medications went up about 1,000% in just one day after Tuesday’s election. “We are seeing women actually stockpile emergency contraception pills,” Cepak said. “When you attack one piece of reproductive health care, it really has a ripple effect,” Friedrich-Karnik said. “People who need abortion care often also at some point need contraception, and people who need contraception might eventually need maternal health care,” she said. “People’s lives are fluid like that, and this care is fluid, and you can’t attack one piece of reproductive health care without really impacting the whole range of care that people need.”
Persons: Donald Trump, Trump, Monica Cepak, , ” Cepak, , Cynthia Plotch, it’s, ” Plotch, That’s what’s, It’s, ’ ”, Clayton Alfonso, ‘ I’ve, ’ ” Alfonso, Court’s Dobbs, Roe, Wade, Dr, Sanjay Gupta, Amy Friedrich, Karnik, ” Friedrich Organizations: CNN —, , Winx, Duke Health, American College of Obstetricians, Trump, Heritage Foundation, Republican, CNN, CNN Health, Guttmacher Institute Locations: United States, North Carolina
Meta cut the price of its ad-free subscription versions of Facebook and Instagram by 40% for European Union users to comply with regulatory demands in the region. Meta originally debuted an ad-free subscription service for the EU in October 2023 due to an EU regulation intended to clamp down on anti-competitive practices by tech companies. The subscription service also came into effect after regional regulators fined the company over $400 million for violating EU data privacy laws. "The changes we're announcing today meet EU regulator demands and go beyond what's required by EU law," Meta President Nick Clegg said Tuesday on Threads. "This is why I expect that even when presented with several equal choices, most people will still choose our personalized ads service," Pavón said in a LinkedIn post said.
Persons: Meta, Nick Clegg, Pedro Pavón, Pavón Organizations: Facebook, European Union, EU Locations: Toulouse, France, U.S
He also said director Ryan Coogler is writing a role for him in "Black Panther 3." I don't know how many more films I'm going to make, probably not that many," Washington said. After that, Ryan Coogler is writing a part for me in the next 'Black Panther.' Related storiesMarvel fans were quick to pounce on Washington's comment about "Black Panther 3," which the studio has not yet announced. During the closing credits of "Wakanda Forever," text on the screen explicitly promises that "Black Panther will return."
Persons: Denzel Washington, Hannibal, King Lear, Ryan Coogler, , Denzel Washington doesn't, he's, Paul Mescal, Antoine Fuqua, Steve McQueen, I'm, Washington, I've, Coogler, Tom Holland Organizations: Service, Denzel, Netflix, Marvel, Disney Plus, Disney Locations: Washington
As we approach the expiration of our Meta Platforms (META) trade from early October we have successfully captured 78% of the total maximum gain. On the fundamentals, META stands out as a leader in profitability and growth compared to its industry peers. And with analysts expecting EPS growth of 23% and revenue growth at 16%, META outpaces the industry averages by a significant margin. Additionally, META trades at 23x forward earnings, which is a 15% discount relative to its peers, presenting a substantial upside potential. The breakeven point is $571.77, meaning the trade remains profitable as long as Meta stays above this level.
Persons: AAPL Organizations: Apple, CNBC, NBC UNIVERSAL Locations: OptionsPlay
My best friend and I both named our daughters Annika. AdvertisementI met my best friend back in 2005 when I ran a Seattle-based indie music website, and she played in my favorite band. A shared bond on the other side of the worldIt's hard to live 6,000 miles away from one of your best friends. AdvertisementBut Saundrah's daughter is tall, has an incredible sense of direction, and wakes up at 5:30 a.m. every day to get homework done. Saundrah's daughter is an extrovert, and mine is an introvert.
Persons: Annika, , Saundrah, Leo, we'd, Nika, Nico Organizations: Service Locations: Seattle, Europe
Traders work on the New York Stock Exchange floor on November 12, 2024 in New York City. U.S. stock futures traded near the flatline Tuesday night as Wall Street awaited the latest consumer price index data for insights on the pace of inflation. S&P 500 futures and Nasdaq 100 futures also inched down around 0.1% each. Other notable economic data releases later this week include the producer price index data and retail sales numbers, which will be announced on Thursday and Friday, respectively. "This is a busy week with consumer prices, producer prices, and retail sales.
Persons: Dow, Tom Hainlin, Dow Jones, Scott Helfstein Organizations: New York Stock, Dow Jones, Nasdaq, U.S, Bank Wealth Management, Investors, Federal, Global, Fed Locations: New York City . U.S
Live Nation CEO Michael Rapino told CNBC's Jim Cramer on Tuesday that the nature of live music keeps it in demand, which helps the business stay strong — even though some consumer-oriented companies report a pullback due to inflation. Live Nation, which also owns Ticketmaster, has its hand in many aspects of the industry. Live Nation shares jumped more than 4% Tuesday after the company posted earnings and reported its most successful summer concert season to date. Rapino claimed that 2025 would likely be "a record year" with a lot of stadium performances, adding that Live Nation has already sold more than 20 million tickets. "The amount of music available to the consumer today has just propelled this idea that they want to see the live show."
Persons: Michael Rapino, CNBC's Jim Cramer, Ben Folds, Rapino Organizations: Disney, Ticketmaster, U.S . Department of Justice, Nation, Spotify
CNN —President-elect Donald Trump has selected South Dakota Gov. Kristi Noem as his next secretary of the Department of Homeland Security, according to two people familiar with the selection. Noem will be tapped to take over the agency as two key immigration hardliners — Stephen Miller and Tom Homan — are slated to serve in senior roles, signaling Trump is serious about his promise to crack down on his immigration pledges. With his selection of Noem, Trump is ensuring a loyalist will head an agency he prioritizes and that is key to his domestic agenda. The department saw an immense amount of turmoil the last time Trump was in office.
Persons: Donald Trump, Kristi Noem, — Stephen Miller, Tom Homan —, Trump, Noem Organizations: CNN, South Dakota Gov, Department of Homeland Security, Trump, DHS, Customs, Border Protection, Customs Enforcement, Federal Emergency Management Agency, Service, The Guardian Locations: South Dakota
Now, Jannik Sinner and Carlos Alcaraz are fast becoming household names and the next generation-defining rivalry. However, Sinner and Alcaraz – ranked No. Due to their rapid success, it is easy to forget that Sinner is only 23 and Alcaraz just 21. Sinner hits a shot in the semifinals of the US Open, a tournament he went on to win. Time will tell if Sinner can put that ice-cold instinct to good use at the ATP Finals and win the tournament for the first time.
Persons: Ivan Lendl, John McEnroe, Jimmy Connors, Andre Agassi, Pete Sampras dueled, Roger Federer, Rafael Nadal, Novak Djokovic, Carlos Alcaraz, Federer, Alcaraz –, Roland Garros, Alcaraz, Italy –, Nadal, ” Alcaraz, , Andy, Murray, Sinner, Frey, JC Ferrero, Juan Carlos Ferrero, , ‘ Oh, he’s, Sean M, it’s, Angela Weiss, Manchester City’s Erling Haaland, Kylian, Alex de Minaur, Taylor Fritz, Casper Ruud, Andrey Rublev Organizations: CNN, tennis, Australian, Wimbledon, ATP, CNN Sport, ATP Tour, JC, JC Ferrero Challenger, Getty, AC Milan, Manchester Locations: Turin, Italy, Flushing Meadows, China, Beijing, Shanghai, Real Madrid
Goldman Sachs is a leading investment bank for corporate dealmaking and trading, and its partners represent less than 1% of roughly 46,000 employees. On average, Goldman's newest partners have spent 16 years rising in the ranks, the bank said last week. "It's like a wedding and birthday wrapped up in one amazing moment that you keep reliving," one new partner said. Here's a glimpse inside the big day of nine of Wall Street's up-and-coming executives, including what they did to mark the occasion. Related storiesI happened to be stepping into a meeting with the Arthur Miller Foundation — an amazing nonprofit that supports theater teachers in schools across NYC and beyond — just as John called.
Persons: Goldman Sachs, David Solomon, , revel, John Waldron, Wall, Rob Barlick, Robert Barlick, Goldman Sachs David, It's, that's, Lyla Bibi, Bibi Goldman Sachs, Bracha Cohen, Marco Argenti, I've, Matt Doherty, Matt Doherty Goldman Sachs, David, Kristin Olsen, Marc Nachmann, Shane Lee, Vishaal Rana, Goldman Sachs David Solomon, Aaron Siegel, Aaron Siegel Goldman Sachs, Hayley, Arthur Miller, John, , Craig Smart, Craig Smart Goldman Sachs, Kristin, Marshall Smith, Sylvia Yeh, Sylvia Yeh Goldman Sachs, Reed Alexander Organizations: Partners, Service, Valley Bank, GS, Goldman Sachs Asset Management, Arthur Miller Foundation, Goldman Locations: Valley, Florida, America, New York, New York City, , Goldman Sachs
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New York CNN —On Wednesday morning, conspiracy theorist Alex Jones’ notorious Infowars media empire will go up for auction in a court-mandated sale, and at least one bid is in the “seven-figure” range, a person familiar with the matter told CNN. Jones was found guilty of defamation by juries in Texas and Connecticut for using his Infowars megaphone to falsely claim the massacre was a hoax. But if “bad guys” buy Infowars, as Jones put it Monday, he’ll “keep broadcasting until they show up” after the Wednesday auction and shut down the fringe outlet. The Onion CEO Ben Collins was previously a journalist at NBC where he extensively covered disinformation and conspiracy theorists, including Jones and Infowars. The Barbed Wire, a progressive Texas-based outlet, said it had planned to bid in the Infowars auction but ultimately decided against it.
Persons: Alex Jones ’, , Jones, Sandy, , ” Jones, Infowars, Roger Stone, Donald Trump, Stone, he’ll, AJNLive, they’re, imploring, Sandy Hook, Ben Collins, Collins, Christopher Mattei Organizations: New, New York CNN, CNN, Elementary, AP, NBC, Elon, ” Representatives, Media Locations: New York, Texas, Connecticut, Infowars
Chinese markets are back in the spotlight after a slew of government stimulus measures over recent weeks. "I think the right way of looking at what China's up to, really, is to see it as a process," he told CNBC's "Street Signs Asia" on Monday. His comments come as China's Ministry of Finance signaled Friday that more fiscal support could come next year . Stocks to watch As investors ponder how to navigate the Chinese market, Bernstein said there are attractive opportunities in "growth and high volume stocks [aligned] with policy led rebound." Both Tencent and Meituan trade on the Hong Kong Exchange and in the U.S. as American Depository Receipts (ADR) under the ticker TCEHY and MPNGY .
Persons: Jordan, CNBC's, we've, Paul Cavey, Donald Trump, Carey, Stocks, Bernstein, — CNBC's Evelyn Cheng, Michael Bloom Organizations: Pella Funds, Ministry, Finance, Asia Econ, Healthcare, China Internet, Hong, Hong Kong Exchange Locations: Pella, Asia, Real Estate, downgrades, China, Hong Kong, Tencent, U.S
TALLINN, Estonia Associated Press —A doctor accused of criticizing the war in Ukraine in front of a patient was convicted Tuesday of spreading false information about the Russian military and sentenced to 5 and a half years in prison, part of an unrelenting Kremlin crackdown on dissent. Akinshina alleged that Buyanova told her and her son that his father, a Russian soldier who apparently was killed in Ukraine, was a legitimate target for Kyiv’s troops and had blamed Moscow for the war. A video of the outraged Akinshina complaining about Buyanova was widely publicized, and chief of Russia’s Investigative Committee Alexander Bastrykin personally demanded a criminal case be brought against the doctor. Buyanova, who was born in western Ukraine, denied the accusation, insisting she never said what she was accused of saying. In her closing statement to the court, Buyanova said it was “painful” to read the accusations in the indictment, and broke down.
Persons: Dr, Nadezhda Buyanova, Anastasia Akinshina, Akinshina, Buyanova, Alexander Bastrykin, , ” Mediazona, Buyanova’s, Oscar Cherdzhyev, Organizations: Press, Russia’s, Authorities Locations: TALLINN, Estonia, Ukraine, Russian, Moscow, Russia
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