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☆ I put my dreams on hold for a stable career in finance. 6 years in, I gave up my 6-figure salary to move to Hawaii and start over.
▼ + stars: | 2024-11-29 | by ( ) www.businessinsider.com time to read: +6 min

AdvertisementAdam Knorr left a lucrative finance career to pursue writing in Hawaii in 2022. Related VideoI graduated with a journalism degree, but my brother worked in finance in Nashville. AdvertisementI spent day after day locked in my bedroom in Hawaii — just me and the geckos — sending cold emails and LinkedIn messages. AdvertisementI started writing a book in Hawaii before moving to MichiganWhile in the work-stay program, I wrote some email copy for the farm. Worst-case scenario 2: I try to write, fail, and get another finance job.

Persons: Adam Knorr, Knorr, I'd, I've, it's, —, Tim Ferriss, could've Organizations: Dodge Challenger, I'm Locations: Hawaii, Nashville, Hawaii —, Michigan

From trendy, size-inclusive jeans to cozy sweaters and cold-weather layers, you'll find us stocking up during Abercrombie's Black Friday sale. We're rounding up all the best deals from across the internet throughout the weekend, so be sure to keep an eye on our best Black Friday deals hub. Abercrombie & Fitch Ultra Puffer $120.00 $160.00 Save 25% “I’ve been buying Abercrombie & Fitch winter coats for years, and I’ve never been disappointed in a purchase," says freelance writer Talia Ergas. Black Friday is one of the best times to shop at Abercrombie, thanks to a site-wide sale and double discounts. Check out our roundup of all of the best Black Friday deals.

Persons: you'll, Abercrombie, You'll, I’ve, Talia Ergas, Puffer, Pick Abercrombie, Sally Kaplan, I'm, Fitch Abercrombie, Fitch, Jean, Amir Ismael, sweatshirt, Abercrombie Abercrombie, Abercrombie ? Organizations: Business, Abercrombie's, Abercrombie, Abercrombie & Fitch, Fitch, Fitch New York Jets Locations: Abercrombie

Learn moreAs the temperature continues to drop, there's no better time to stock up on cold-weather essentials like winter coats and Arctic-ready winter coats from Canada Goose. We've tested several Canada Goose options that rank highly among the best winter coats for men and best winter coats for women, so you can be sure that it's worth the splurge. Shop all of the best Canada Goose Black Friday deals from retailers like Saks Fifth Avenue, Shopbop, and Farfetch. The best Canada Goose Black Friday dealsCanada Goose Marlow Quilted Parka Jacket $1,525.00 The Marlow Quilted Parka Jacket is one of the warmest, most cold-resistant parkas in the Canada Goose line. The experience led him to list Canada Goose in our guide to the best parkas for men.

Persons: Goose Marlow, Amir Ismael Organizations: Business, Saks, Marlow, Saks Fifth, Canada Locations: Canada, Shopbop, Antarctica

Learn moreFor an intentionally dirty shoe (or any shoe, for that matter), Golden Goose sneakers don't come cheap. If you're looking to invest in a pair — or expand your collection — of these scuffed-up shoes, you'll want to take advantage of the Golden Goose Black Friday deals outlined below. The best Golden Goose Black Friday dealsGolden Goose deals at Saks Fifth AvenueSaks doesn't have direct deals on Golden Goose sneakers, but they do have a promotion. FAQs on the Golden Goose Black Friday saleWhen does the sale start and end? Golden Goose doesn't offer any discounts on its site, so the ideal window for finding Golden Goose sneakers on sale is while department stores host Black Friday sale events from November 27 to December 2.

Organizations: Business, Saks, Saks Fifth Locations: TheRealReal

☆ Amazon is JPMorgan's best idea for the holidays
▼ + stars: | 2024-11-27 | by ( Samantha Subin | ) www.cnbc.com time to read: +1 min

Consider adding Amazon to your holiday stock shopping list, according to JPMorgan. Analyst Doug Anmuth named the stock its best idea heading into the holiday stretch, citing expectations for 7.5% year-over-year growth and online shopping market share gains. Shares have rallied 36% this year, with the firm's $250 price target implying 20% upside from Tuesday's close. "Amazon maintains a leading ~45% share of US e-comm & enters the holiday season with strong momentum from early holiday promotions, [same-day/1-day delivery], regionalization, expansion of the Prime ecosystem, & competitive prices," he wrote. Amazon shares have popped more than 35% year to date, and analysts see more upside ahead.

Persons: Doug Anmuth, Anmuth, Amazon's Organizations: JPMorgan

As part of the UGG Black Friday sale, the brand is offering up to 55% off select styles. Beyond just UGG shoes, this Black Friday you can find discounted UGG apparel, like loungewear and accessories, for creating head-to-toe cozy ensembles. Keep reading to discover our favorite UGG styles included in the sale. The best UGG Black Friday dealsUGG New Heights Clog $90.99 $130.00 Save 30% The New Heights suede clogs are a prime example of "cottagecore" fall fashion. View at ZapposFAQs on the UGG Black Friday saleWhen does the sale start and end?

Persons: Frankie Organizations: Business, UGG Locations: DSW, Zappos, United States

Still, the best cashmere sweaters can set you back hundreds of dollars a piece, so we recommend taking advantage of seasonal discounted pricing. The best Black Friday cashmere dealsAmicale Cashmere Hoodie $134.99 $350.00 Save 61% Upgrade your hoodie with this 100% cashmere pullover available in four hues. View at Saks Off FifthFAQs on Black Friday cashmere dealsIs Black Friday a good time to shop for cashmere? Black Friday is one of the best times to shop for cashmere since discounts can reach upwards of 50% on luxury items. Check out our roundup of all of the best Black Friday deals.

Persons: Gabrielle Chase, There's Organizations: Business, Saks Locations: TURKEY

☆ Meet Josh Mankiewicz, Correspondent for Deadly Mirage
▼ + stars: | 2024-11-26 | by ( Dateline Nbc | ) www.nbcnews.com time to read: +2 min

Josh Mankiewicz is a correspondent for Dateline NBC, the longest running primetime show in NBC history. Since 2020, Mankiewicz has reported the #1 podcasts Dateline: Missing in America, Motive for Murder, Internal Affairs, and Mortal Sin. Prior to joining Dateline, Mankiewicz served as a correspondent for Fox Broadcasting Company’s newsmagazine Front Page. Before he joined Fox Broadcasting, Mankiewicz was a political reporter for KCAL-TV, Los Angeles from 1991 to 1993. Mankiewicz also worked as political correspondent for WCBS-TV, New York where he covered local, state and national elections from 1986 to 1991.

Persons: Josh Mankiewicz, Mankiewicz, Simpson bronco, Jon Benet Ramsey, David Brinkley, Kennedy, Connally, Mondale, Janet Cooke Organizations: Dateline NBC, NBC, Motive, Internal Affairs, Dateline, Broadcasting & Cable Hall of Fame, Fox Broadcasting, WCBS, ABC News, Morning, ABC, ABC News Washington, WJLA, D.C, Washington Star, Washington Post Locations: America, Jonestown, Los Angeles, , New York, Miami, Florida, Beirut, Israel, El Salvador, Nicaragua, Washington

☆ Scott Turner, a former NFL player and Trump’s pick to lead Housing and Urban Development, faces a difficult task
▼ + stars: | 2024-11-26 | by ( Samantha Delouya | ) edition.cnn.com time to read: +6 min

Donald Trump ran on the promise of steep government budget cuts, and some industry experts believe money flowing toward HUD could be on the chopping block. The housing agency provides rental assistance for low-income households, administers mortgage insurance to prospective homeowners and enforces fair housing law. During Trump’s first term, his office repeatedly sought to make steep cuts to HUD’s budget, though they never passed Congress. If Trump successfully implements budget cuts “there will be longer waiting lists for housing vouchers. Liz Osborn, the vice president of policy at Enterprise Community Partners, a nonprofit focused on home access and affordability, said that HUD budget cuts in Trump’s second term aren’t a guarantee, though.

Persons: Scott Turner, Donald Trump, ”, Bob Greenstein, Turner, Ben Carson, Trump’s, Carl Harris, ” Harris, Bob Broeksmit, Broeksmit, Trump, Ginnie Mae, ” Broeksmit, Elon Musk, Vivek Ramaswamy, that’s, Howard Husock, Biden, ” Husock, Husock, Liz Osborn, “, ” Osborn, ” Turner, ” Trump, JPMorgan Chase Organizations: CNN, Department of Housing, Urban Development, Brookings Institution, NFL, National Association of Home Builders, HUD, Mortgage Bankers Association, Federal Housing Administration, “ Department, Government, American Enterprise Institute, Enterprise Community Partners, White, Economic, Scott’s, Urban Institute, JPMorgan Locations: America, Trump’s

U.S. President-elect Donald Trump at a viewing of a test-flight launch of the SpaceX Starship rocket in Brownsville, Texas, Nov. 19, 2024. Brandon Bell | Getty Images News | Getty ImagesAs Inauguration Day nears, investors are trying to unravel what booms or busts lay ahead under President-elect Donald Trump. Yet the energy sector climbed 22.9% under Biden as of Nov. 19, despite the administration's push for renewables and sustainability. As president, Trump is expected to embrace crypto more than any of his predecessors. When Biden won in 2020, there was a lot of panic about the outlook for energy, oil and gas.

Persons: Donald Trump, Brandon Bell, Jeremy Goldberg, Goldberg, Larry Adam, Raymond James, Trump, Adam, Biden, Monty Rakusen, John Murphy, Murphy, Callie Cox, Cox, Greg Iacurci Banks, Jamie Dimon, Andrew Harrer, Brian Spinelli, Halbert Hargrove, Spinelli, David Rea, Lorie Konish, Bill Varie, —, — Greg Iacurci Crypto, Kevin Wurm, Matt Apkarian, Apkarian, Christina Lynn, there's, Lynn, — Lorie Konish, Cooper Neill, Joe Biden, Mike Cerasoli, Cerasoli, you'll, — Lorie, Images Trump, Robert F, Kennedy Jr, bode, David Weinstein, Weinstein, Chris Unger, Charles, Vivek Ramaswamy, Greg Iacurci, Thomas Barwick, Ted Decker, Decker, TJ Maxx, Lorraine Hutchinson, — Greg Iacurci, Donald J Organizations: SpaceX, Getty, Trump, Professional Advisory Services, Digitalvision, EV, Biden, Bank of America Securities, Ford, Ritholtz Wealth Management, U.S . Federal, JPMorgan Chase &, White, Bloomberg, CNBC, Salem Investment, Bank, — Greg Iacurci Crypto Republican, Reuters, bitcoin, Liberty Financial, Cerulli Associates, Mariner Wealth, — Lorie Konish Energy, Double Eagle Energy Holdings LLC, Eagle Global Advisors, Images, Department of Health, Human Services, RFK, U.S . Senate, Merck, Pfizer, Dana Investment, Affordable, Publicly, HCA Healthcare, UFC, Madison, Garden, Ufc, Medical, Charles River Laboratories, Food and Drug Administration, of Government, Retailers, Walmart, Marshalls, Google, Twitter, Trump National Golf Club, Washington Post Locations: Brownsville , Texas, California, U.S, Iran, Venezuela, Washington, Long Beach, Calif, Salem, Winston, Salem , North Carolina, Ritholtz, Nashville , Tennessee, cryptocurrency, Lynn, Midland , Texas, Houston, New York, China, North America, HomeGoods, Bedminster , NJ, Jabin

Bombas' early Black Friday deals start now and the brand is offering 20% off sitewide through Thanksgiving. If you need one more reason to stock up during Bombas' Black Friday deals, consider that for every pair of socks and underwear purchased, Bombas will donate a pair to the homeless community. Top Black Friday Bombas deals Our favorite ankle socks for women, the Tri-Block Ankle Socks, are 20% offThe thick and scrunchy Chunky Ragg Half Calf Socks are 20% offGet high-quality workout underwear like the No Show Hipster for 20% offThe warm and cozy Gripper Slipper is 20% offThe best Black Friday Bombas deals for womenBombas Tri-Block Ankle Socks $10.40 $13.00 Save 20% These ankle socks are great if you wear sneakers everyday. View at BombasBombas Women's Gripper Slipper $38.40 $48.00 Save 20% The Bombas Gripper Slipper feels like wearing something halfway between a slipper and a sock, and the new redesign features double the cushioning. You can shop Bombas' early Black Friday sale between Saturday, Nov. 23 and Thursday, Nov. 28.

Persons: Bombas, Women's, ”, Kaplan, Mary Janes, Gabrielle Chase, Bombas Men's Organizations: Business, Bombas

Learn moreIf you're on the hunt for the best jewelry deals this gift-giving season, you should know that Mejuri is having its biggest sale to date. View at MejuriMejuri Curb Chain Bracelet $168.75 $225.00 Save 25% Our 14k solid gold pieces are made to last forever. M+ Members also earn early access to Mejuri sale events. When does the Mejuri Black Friday sale start and end? Is Black Friday a good time to shop Mejuri jewelry?

Persons: Selena Gomez, Pick Mejuri Puffy Charlotte Huggies, Gabrielle Chase Organizations: Business, Mejuri Locations: Canadian

☆ Rising air travel demand has created an opportunity in this corner of the bond market, says Nuveen
▼ + stars: | 2024-11-25 | by ( Michelle Fox | ) www.cnbc.com time to read: +4 min

If they look beyond their travel plans, they may even spy an investment opportunity, according to Nuveen. The Transportation Security Administration is expecting one of the busiest Thanksgiving travel periods on record for the nation's airports. That is keeping pace with the increase in air travel demand in recent years. "So as travel increases, a lot of what's being financed is these amenities and lounges and better restrooms." What Nuveen looks for There are a number of airport revenue bonds within Nuveen's muni funds.

Persons: Daniel Close, Munis, John F Organizations: Transportation Security, TSA, American Municipal Bond Fund, Airports, AMT, Republican, AAA, LaGuardia, Kennedy, Dallas Fort Worth International Locations: White, Nuveen's, New York, Dallas

☆ This CEO says there's 'not much value' to job interviews. He prefers testing candidates instead.
▼ + stars: | 2024-11-25 | by ( Jaures Yip | ) www.businessinsider.com time to read: +4 min

AdvertisementDatabricks CEO Ali Ghodsi isn't the biggest fan of interviews and "gotcha questions." Ghodsi prefers to analyze candidates by testing them with a real challenge within the company. "I don't believe in interviews because I think some people interview well, and they might not be good at all," he said. "And some people interview really poorly, but they might be excellent." AdvertisementGhodsi is not the only executive who finds standard interview questions to be a lacking litmus test for potential hires.

Persons: Ali Ghodsi, Ghodsi, JP Morgan, Carla Hassan, Ali Ghodsi doesn't, Logan Bartlett, Jensen Huang, Huang Organizations: Nvidia

☆ Scott Bessent: CEOs relieved about Trump pick to lead Treasury
▼ + stars: | 2024-11-25 | by ( Matt Egan | ) edition.cnn.com time to read: +5 min

New York CNN —Business leaders say they are relieved President-elect Donald Trump made a safe choice to lead the Department of Treasury after more unconventional selections to other cabinet posts. Hedge fund executive Scott Bessent survived an internal squabble over the role of Treasury secretary, a key position that will face almost immediate deadlines and pressures. “Bessent is reasonable and pragmatic.”JPMorgan Chase CEO Jamie Dimon, one of the most powerful executives on Wall Street, is a fan, too. And for this key position, Trump opted to go with a pick that is not expected to draw a contentious confirmation battle. Trump instead picked Lutnick for Commerce secretary, another key role, though not as prominent as Treasury.

Persons: , Donald Trump, Scott Bessent, “, ”, Jeffrey Sonnenfeld, Jamie Dimon, Dimon, he’s, Jim Rogers, Jim Chanos, Stanley Druckenmiller, George Soros, Trump, Smoot, Hawley, ” Sonnenfeld, Larry Kudlow, Bessent, Biden, Kudlow, Cantor Fitzgerald, Howard Lutnick, Elon Musk, Sonnenfeld, Anthony Scaramucci, Jay Timmons, Mike Pence, ” Timmons, Timmons, Larry Summers, Clinton, CNN’s Fareed Zakaria, Summers, ” Tony Carrk, “ Scott Bessent’s Organizations: New, New York CNN — Business, of Treasury, Democrats, Yale Chief, Institute, JPMorgan, Wall, CNN, Federal Reserve, Congress, National Economic Council, Trump, Commerce, Treasury, Treasury Department, National Association of Manufacturers Locations: New York, ”, China

☆ Ten years later, Odell Beckham Jr.’s one-handed catch has stood the test of time
▼ + stars: | 2024-11-22 | by ( Jeff Zrebiec | ) www.nytimes.com time to read: +15 min

One of the most iconic catches in NFL history — a play that would change Odell Beckham Jr.’s life — started with a misunderstanding and a poor route. Odell Beckham Jr. catches a one-handed touchdown and it is arguably one of the most iconic catches in NFL history. The two would spend hours outside their college dorm, throwing footballs to each other and practicing one-handed catches. When it did, Beckham told his teammate that the catch “changed his life.”Zay Flowers' locker is right next to Odell Beckham Jr.'s in the Ravens locker room. He has the one-handed catch against the Cowboys.

Persons: —, Odell Beckham Jr, Eli Manning, ” Manning, it’s, that’s, Odell, ”, Jameel McClain, Beckham, ” Beckham, “, It’s, Beckham’s, Brandon Carr, Manning, Garrett Wilson, GARRETT WILSON, “ There’s, Cris Collinsworth, Al Michaels, ” It’s, Jarvis Landry, “ That’s, Jarvis ’, Beckham didn’t, ” McClain, Ben McAdoo, Tom Coughlin wasn’t, Coughlin, ” McAdoo, “ Don’t, Carr wasn’t, Carr, ” Odell Beckham Jr, didn’t, Elsa, Getty, Collinsworth, Malcolm Butler, Michaels, ” Collinsworth, I’m, Odell Beckhams, “ I’ve, Aaron, Rodgers, Brett, Favre, gasps, “ We’ve, Geoff Schwartz, ” Said McClain, Zay Flowers, Flowers, ” Flowers, ike, J ames, rade Organizations: New York Giants, NFL, Giants, MetLife, NBC, Dallas Cowboys, NBC Sports, The Miami Dolphins, Los Angeles Rams, Cincinnati Bengals, Cowboys, New York Jets, LSU, Auburn, New, Atlanta Falcons, Sunday, New England Patriots, Athletic, Dallas, Baltimore Ravens, Ravens, ust, ard Locations: “, New York, Manning, South Florida, Baltimore, ife

☆ The finale of 'Gladiator II' is a homage to the first film. Here's what it could mean for a future sequel.
▼ + stars: | 2024-11-22 | by ( Ayomikun Adekaiyero | ) www.businessinsider.com time to read: +5 min

AdvertisementThe ending of "Gladiator II" pays homage to Russell Crowe's character in "Gladiator." "Gladiator II" doesn't end on a cliffhanger, but there may still be room for another sequel. Spoilers ahead for "Gladiator" and "Gladiator II." AdvertisementRome is still a mess in "Gladiator II," set 16 years after the first film. AdvertisementMescal told Variety last week at the London premiere of "Gladiator II" that he would be "massively down" to appear in the next sequel.

Persons: Russell Crowe's, Scott, I've, Denzel Washington, Cuba Scott, Maximus Decimus Meridius, Russell Crowe, Maximus, Marcus Aurelius, Lucilla, Connie Nielsen, Aurelius, Caracalla, Fred Hechinger, Joseph Quinn, Marcus Acacius, Pedro Pascal, Acacius, Aidan Monaghan, Lucius, Paul Mescal, Rome, Marcinus, Mescal Organizations: Paramount Pictures, Paramount, Variety, London Locations: Rome, Cuba, Acacius

View at Quince What we like Check mark icon A check mark. Super softCheck mark icon A check mark. 11 colors to choose fromCheck mark icon A check mark. Fits the bed well and feels durableCheck mark icon A check mark. Produces a lot of lintFAQs about the Quince Black Friday saleWhen does the sale start and end?

Persons: Quince, we've, it's Organizations: Business, DTC Locations: cardigan

Learn moreWe're just a week away from the busiest online shopping day of the year, and the best early Black Friday clothing deals are already well underway. So, let's get into it: here are the best Black Friday deals (thus far) on clothes, shoes, and more for you and everyone on your list. The best Black Friday shoe dealsWhen you shop for shoes from department stores like Nordstrom or Zappos early, you'll find a daily rotation of new styles leading up to Black Friday. We've also scouted comfortable walking shoes, cozy clogs, and a discount on some of the best flats we've tested. Check out our roundup of all of the best Black Friday deals.

Persons: Jenni Kayne, they've, you've, let's, you'll, We've, Pick, editor's, JW Pei, Pei, I've, Jenni Kayne's, Pant, Cole Haan, Kenneth Cole Organizations: Business, Nordstrom, Nordstrom Staff, Madewell, Everlane's, Saks Locations: Nordstrom, Madewell, West, Cashmere

☆ Forget Nvidia. This is the biggest tech earnings mover of the day and Goldman sees 70% upside
▼ + stars: | 2024-11-21 | by ( Brian Evans | ) www.cnbc.com time to read: +3 min

The sharp move higher puts the cloud-based data stock on pace for its best day ever. SNOW YTD mountain Snowflake stock headed for its best day ever on Thursday. Goldman analyst Kash Rangan reiterated a buy rating on Snowflake following its third-quarter results, and maintained his price target of $220 per share. JPMorgan, others bullish too JPMorgan Chase analyst Mark Murphy maintained an overweight rating on Snowflake stock, but increased his price target to $185 per share. The analyst reiterated his neutral rating on Snowflake stock but increased his price target to $185 per share from $160, equating to more than 43% upside moving forward.

Persons: Sridhar Ramaswamy, Goldman, Kash Rangan, Rangan, Mark Murphy, Murphy, Brad Sills, he's, Sills, Wells Fargo's Michael Turrin, Turrin Organizations: JPMorgan, Bank of America Locations: Snowflake

☆ Colin Gray, father of alleged Apalachee High School shooter, pleads not guilty to charges that he shares responsibility for killings
▼ + stars: | 2024-11-21 | by ( Andy Rose | Devon M. Sayers | ) edition.cnn.com time to read: +4 min

Winder, Georgia CNN —Colin Gray, the father of alleged Georgia school shooter Colt Gray, entered a not guilty plea Thursday morning to charges – including two counts of second-degree murder – alleging that he shares responsibility for the September shooting. Gray faces 29 charges, including two counts of second-degree murder and two counts of involuntary manslaughter. He was indicted on 55 counts, including four counts each of malice murder and felony murder. Colt Gray will be tried as an adult. Colin and Colt Gray have both been jailed since their arrests.

Persons: Georgia CNN — Colin Gray, Colt Gray, Gray, Jimmy Berry, ” Colin Gray, Jennifer, James Crumbley, Ethan Crumbley, Ethan, Colin Gray, “, ” Colt Gray, Elijah Nouvelage, Thursday’s, Berry, Colin, Chase Boyd, Boyd, Brandon King, CNN’s Dakin Andone, Lauren del Valle Organizations: Georgia CNN, Oxford High School, Apalachee High School, Reuters, Grays, Barrow County Sheriff’s, Barrow News, Gun Safety Locations: Winder, Georgia, Michigan, Atlanta, Winder , Georgia, Barrow County, Barrow, Uvalde , Texas, United States

Rancher Jim Chilton stands at the US-Mexico border, where the wall ends, on his family’s ranch southeast of Arivaca, Arizona. Matt York/APShoes left behind by migrants on the Chiltons' ranch are displayed on their front porch in 2016. And while they want the border wall finished, they still support legal immigration. He feels his time with a vigilante group called Arizona Border Recon is his opportunity to give back to the country that welcomed him. Tim Foley leads a vigilante group called Arizona Border Recon.

Persons: Sue Chilton’s, Obama, they’ve, Donald Trump’s, Jim Chilton, Norma Galeana, Joe Biden, Sue Chilton, ”, Biden, that’s, Matt York, Frederic J . Brown, Jim, ” Jim, Tom Homan, Greg Abbott, “, Elon Musk, ” Sue, Will Lanzoni, Hugo, anybody’s, Tim Foley, CNN Foley, Trump, I’ve, Cochise County Sheriff Mark Dannels, Dannels, “ We’ve, CNN Dannels, Foley, Sheriff Dannels, it’s, Brandon Bell, It’s, Rafael, ” Rafael Organizations: Arizona CNN, Border Patrol, CNN, US Border Patrol, Getty, Trump, Republican National Convention, Texas Gov, Arizona, National Guard, Cochise County Sheriff, gotaways, West Locations: Nogales, Arizona, camo, Mexico, Arivaca , Arizona, United States, Sasabe , Arizona, AFP, Uruguayan, Greenwich , Connecticut, Cochise County, Chilton, Sheriff, It’s, Nogales , Arizona

☆ Elon Musk's DOGE is looking to Argentina for inspiration to slash public spending
▼ + stars: | 2024-11-21 | by ( Thibault Spirlet | ) www.businessinsider.com time to read: +5 min

Both men admire Javier Milei, the Argentine leader elected on a pledge to slash the state. About a year ago, standing in front of a whiteboard with a gleam in his eye, Javier Milei started pulling apart Argentina's government. Javier Milei pulls apart a chart of Argentina's state in a video published on September 9, 2023. AdvertisementHarsh medicineHis measures helped tame a crisis: Argentina's inflation was 25.5% when Milei took office, and as of October, it was 2.7%. Argentinians have taken to the streets to protest against Javier Milei's economic policies since his election.

Persons: Elon Musk, Vivek Ramaswamy, Javier Milei, Milei, Lex Fridman, — Milei, Maria Victoria Murillo, Argentinians, Javier, Luciano Gonzalez, Donald Trump's, Trump, Ramaswamy, Musk Organizations: Argentine, Ministry, of Environment, Sustainable, Government, Social Security, US, Institute of Latin American Studies, Columbia University, Anadolu, Getty Images Kimberley, Economics, America, Republicans Locations: Milei, Argentine, Argentina, Mar, Buenos Aires

Big retailers’ fortunes are diverging as the holiday shopping season gets underway. On Wednesday, Target cited “lingering softness in discretionary categories” as a top factor in its disappointing third-quarter sales, as many budget-conscious shoppers continue to focus on necessities. It’s the latest sign that discounts will be the driving force this holiday season, as they’ve been for much of this year. “We’re starting to get back to normal here.”U.S. retail sales rose 0.4% overall in October, federal data showed last month, beating analysts’ forecasts. In the meantime, the steady expansion of e-commerce looks set to continue this holiday season.

Persons: ”, Brad Thomas, they’ve, TJ Maxx, John David Rainey, “ We’re, “ They’re, they’re, ” Thomas, Matthew Shay, TransUnion, Neil Saunders, Saunders, Helene, Milton, who’ve, ” Saunders Organizations: Target, Walmart, KeyBanc, Marshalls, CNBC, “, National Retail Federation, GlobalData, NBC

☆ DOGE should push its cuts 'to the very limit,' says Argentine president who inspired Musk and Ramaswamy
▼ + stars: | 2024-11-20 | by ( Thibault Spirlet | ) www.businessinsider.com time to read: +2 min

AdvertisementElon Musk and Vivek Ramaswamy, co-heads of DOGE, are working out how to cut the federal government. Milei closed nine ministries, firing thousands of officials, and cut spending by an estimated 31%. Argentina's president says Elon Musk and Vivek Ramaswamy should all go "all the way" in cutting US federal spending. Both Musk and Ramaswamy have repeatedly praised Milei and taken inspiration from him for their Department of Government Efficiency. While Milei has achieved most of his sweeping cuts via executive decree, US spending cuts would likely involve working with Congress, where Republicans will hold just a slim majority.

Persons: Elon Musk, Vivek Ramaswamy, Javier Milei, Lex Fridman, Milei, Fridman, Ramaswamy, Musk, Donald Trump's Mar, Musk's Tesla Organizations: Ramaswamy, Government, Fox News, United Nations, Congress Locations: Argentine, Argentina, Milei, Lago, Musk's, Austin, New York

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