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AdvertisementSebastian Stan plays a young Donald Trump in "The Apprentice," a movie about his life in the 1970s. Stan said other actors wouldn't discuss Trump, and the film, with him for Variety's "Actors on Actors." You won't see Sebastian Stan doing an "Actors on Actors" interview about his new Donald Trump movie "The Apprentice," because, according to the actor, no one would talk to him about it. "We couldn't get past the publicists or the people representing them, because it was too afraid to talk about this movie." "We invited him to participate in 'Actors on Actors,' the biggest franchise of awards season, but other actors didn't want to pair with him because they didn't want to talk about Donald Trump," Setoodeh said.
Persons: Sebastian Stan, Donald Trump, Stan, wouldn't, Trump, Ali Abbasi, Roy Cohn, Jeremy Strong, Trump's, Ivana, Maria Bakalova, It's, Abbasi, Gabriel Sherman, Ramin Setoodeh, IndieWire, didn't, Setoodeh, Sherman, Tuesday's, we're Organizations: Trump, Cannes, Penske Media Corporation, Cannes Film, Briarcliff Entertainment Locations: States
The man accused of killing Georgia nursing student Laken Riley was found guilty of murder Wednesday in a case that became a flashpoint in the immigration debate earlier this year, ahead of the presidential election. Riley’s killing drew national attention to the immigration debate after officials announced that Ibarra is a Venezuelan citizen who entered the United States illegally in 2022. UGA students during a vigil for Laken Riley on Feb. 26. Joshua L. Jones / USA Today NetworkDuring the trial, prosecutors argued that Ibarra killed Riley after she fought off his attempt to rape her. The prosecution pointed to DNA and other evidence that they said linked Ibarra to Riley on the day of her murder.
Persons: Laken Riley, Jose Antonio Ibarra, Tom, , Jose Ibarra, Hyosub Shin, H, Patrick Haggard, Ibarra, Haggard, Allyson Phillips, Riley’s, , ” Phillips, Phillips, ” Prosecutors, Riley, Donald Trump, Joshua L, Jones, Sheila Ross, Riley “, ” Ross, Diego Ibarra, Kaitlyn Beck, Diego, Jose Organizations: Superior Court, , University of Georgia, UGA, USA Locations: Athens, Clarke, Ga, Venezuelan, United States
Two people were killed and a third was injured after a house in an Ohio village exploded and caught fire Tuesday morning, officials said. The home exploded at around 8:44 a.m. in Bethel, a village of around 2,600 southeast of Cincinnati, Bethel Fire Chief Christopher Cooper said at a news conference. “It was a large explosion that had sent debris across the neighborhood,” Cooper said, describing the scene as chaotic. Firefighters work the scene of a house explosion in Bethel, Ohio, on Tuesday. The property that exploded was a one-story ranch house that used propane instead of gas, he said.
Persons: Christopher Cooper, ” Cooper, Stephanie Young, Cooper Organizations: Bethel Fire, Firefighters, NBC Locations: Ohio, Bethel, Cincinnati, Bethel , Ohio
CNN —Thanksgiving dinner will cost less this year than last but will still be 19% higher than before the pandemic, according to the American Farm Bureau Federation’s annual Thanksgiving survey out Wednesday. The average cost of this year’s dinner for 10 people is $58.08, or about $5.80 per person, the survey found. The center piece of the Thanksgiving meal, the turkey, helped bring down the overall cost. But items like cubed stuffing and dinner rolls both increased by 8% because of higher labor costs, the AFBF said. The cost of the Thanksgiving dinner items varies based on location, the survey found.
Persons: , Bernt Nelson, , Zippy Duvall, Joe Biden, Donald Trump Organizations: CNN, American Farm Bureau, American Farm Bureau Federation, Cranberries, Farm Bureau Locations: Puerto Rico, Midwest
So why shouldn’t federal employees who are paid with taxpayer dollars be required to be in office?” the source said. Ending remote work across government is being considered a potential “early candidate” for executive orders that members of DOGE will recommend to Trump, the source said. “I can’t abandon this career,” one Library of Congress worker who lives in the Midwest told CNN. Another federal employee who works remotely told CNN that they would have to commute two to three hours to the nearest office. Other targets beyond remote workRemote work isn’t the only cost-cutting measure that is likely to be addressed through executive orders.
Persons: Donald Trump’s, Elon, Vivek Ramaswamy, Ramaswamy, , , “ It’s, ” Everett Kelley, AFGE, Charlie Kirk –, , DOGE, Kirk, doesn’t, aren’t, Musk Organizations: CNN, of Government, Republican, Trump, telework, Personnel Management, American Federation of Government Employees, Midwest, of Congress, Congress, General Services Administration Locations: Washington, DC, Washington ,
More consequential, however, was the stagnant or shrinking turnout in these cities, which — coupled with turnout growth in Republican counties across the blue wall — drove Trump’s victory. While the number of voters throughout the rest of Michigan grew by 2.6%, the number in Detroit fell by 4%. NBC News Decision DeskThe third large blue wall city is Milwaukee, which makes up about 60% of Milwaukee County’s population. Even though turnout grew slightly overall in the city, just over half of precincts (58%) experienced a turnout decrease. Comparing Milwaukee’s sluggish turnout to Dane County — which is Wisconsin’s other large Democratic county, where turnout increased by over 6% — helps to show how different demographics may explain turnout changes.
Persons: Donald Trump’s, Pennsylvania —, Kamala Harris’s, Harris ’, Milwaukee County , Wisconsin —, Harris, Joe Biden, Wayne, Biden, Trump, Dane County, Dane, Dane County’s, Detroit —, Joe Biden’s Organizations: NBC, Democratic, Republican, Dane County, Milwaukee, Wisconsin Locations: Michigan , Wisconsin, Pennsylvania, Wayne County , Michigan, Detroit, Philadelphia County , Pennsylvania, Milwaukee County , Wisconsin, Philadelphia, Wayne County's, Michigan, Milwaukee, Wisconsin, Dane, Milwaukee’s, Dane County
“We’re expecting this holiday period to be very consistent with that,” he said. Retailers, including Walmart, are contending with a mixed bag of factors this holiday season. The holiday season is also shorter this year and parts of the U.S. have had unseasonably warm weather, two dynamics that could hurt retailers. That would be lower than the 3.9% year-over-year jump from the 2022 to 2023 holiday season, when spending totaled $955.6 billion. Rainey said the holiday period is “off to a pretty good start.”He said items like TVs, Apple AirPods, Beats headphones and even tires have been selling.
Persons: John David Rainey, “ We’re, , “ They’re, Rainey, Walmart’s, Donald Trump’s, it’s, We’ve Organizations: Walmart, CNBC, LSEG, New York Stock Exchange, Sam’s, Walmart U.S, U.S, National Retail Federation, Apple Locations: U.S, China
NEW DELHI — Residents in India’s northern states woke up to another day of poor air quality on Tuesday, as a layer of dense fog shrouded most of the region, and pollution in the capital, Delhi, remained severe. India battles air pollution every winter as cold, heavy air traps dust, emissions and smoke from farm fires started illegally in the adjoining, farming states of Punjab and Haryana. The Taj Mahal, India’s famed monument of love, has been obscured by toxic smog for nearly a week. Swiss group IQAir ranked New Delhi as the world’s most polluted city with air quality at a “hazardous” 489, although that was a significant improvement from Monday’s 1,081 reading. India’s weather department said a shift in the fog layer toward the northern state of Uttar Pradesh had helped improve visibility over Delhi.
Persons: Taj Organizations: Residents, Pollution Control, IQAir, New Delhi Locations: DELHI, India’s, Delhi, India, Punjab, Haryana, Uttar Pradesh’s Agra, Swiss, New, Uttar Pradesh
CCTV and other state media reported that the vehicle hit people outside a primary school in the city of Changde in Hunan province as students were coming in for the day. The scene after a car crashed outside a primary school in Changde, China, on Tuesday. Short video clips circulating on Chinese social media on Tuesday showed young children running into the Changde school compound, shouting, “Help.”One clip shows a compact, white SUV stopped beyond the school entrance. Reuters was able to verify that the location where the videos were shot matched the reported location of the crash at a primary school for children between about 6 and 12 years old. What has happened to society now?” said one commenter on social media platform Weibo.
Persons: , , People’s Procuratorate, Ying Yong, Weiguo, ” Qu Organizations: Police, Reuters, Changde, AFP, Getty, Weibo, ” Police, Fudan University Locations: BEIJING, China, Changde, Hunan, Zhuhai, China’s Wuxi, Wuxi, Weibo
Market Navigator: Will overheating hurt Nvidia?
  + stars: | 2024-11-19 | 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 Navigator: Will overheating hurt Nvidia? David Miller, Catalyst Funds, joins 'Power Lunch' to discuss Nvidia ahead of it releasing quarterly earnings.
Persons: David Miller Organizations: Catalyst Funds, Nvidia
But the decline in support for Ms. Harris in some of the country’s most liberal areas is particularly notable. For example, in Fulton County, which contains most of Atlanta, Ms. Harris gained about 4,500 votes, but Mr. Trump gained more than 7,400. He similarly outran Ms. Harris where she made gains in Wake County, N.C., Lancaster County, Pa., and Montgomery County, Texas. In Milwaukee County in swing-state Wisconsin, Ms. Harris lost 1,200 voters compared with Mr. Biden’s total in 2020, while Mr. Trump gained more than 3,500. But he lost votes, as did Ms. Harris, in majority-Black counties, especially those in the South where turnout dropped overall.
Persons: Harris, Biden, Donald Trump, Kamala Harris’s, Joseph R, Iowa Kan, Trump, Larry Sabato, Mr, Sabato, , Trump Harris, Eli Murray, Elena Shao, Charlie Smart, Christine Zhang, Biden’s, Christine Zhang Ms, Joel Benenson, Barack Obama’s, ” Mr, Benenson, Harris Trump, John McLaughlin, pollster, McLaughlin, Organizations: Trump, New York Times, Hawaii Idaho Ill, N.D . Ohio Okla, D.C, Biden, Mr, Harris Trump, Democratic, Lean Democratic, Lean Republican, Center, Politics, University of Virginia, Florida’s Miami, Republican, Republicans, Harris Trump Arizona, Indiana, Nebraska, Washington, of Columbia Locations: Ala, Alaska, Calif, Colo, Conn, Del, Fla . Ga, Hawaii Idaho, Ind, Iowa, Ky, La . Maine Md, Mass, Mich, Minn, Miss, Mo, Mont, Neb, N.H . N.J, N.M, N.Y, N.C, N.D . Ohio, N.D . Ohio Okla ., Pa, S.D . Tenn . Texas Utah, Va, Wash, W.Va . Wis, Wyo, Chicago, Los Angeles and New York, Texas, Florida, New Jersey, New York, Georgia, Fulton County, Atlanta, Wake County, Lancaster County, Montgomery County , Texas, Milwaukee County, Wisconsin, Milwaukee, Charlotte, Flint, Scranton, Dade County, Miami, Fresno County, Pinellas County, Fla, Black, Michigan, Nevada, Carolina, Alabama, Arkansas, California, Colorado, Connecticut, Delaware, Hawaii, Idaho, Illinois, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Minnesota, Mississippi, Missouri, Montana, Hampshire, Jersey, Mexico, York, Dakota, Ohio, Oklahoma, Oregon, Tennessee, Utah, Vermont, Virginia, Wyoming
Trump has said that undocumented immigrants share the blame for America’s once-in-a-generation home affordability crisis, but the president-elect’s deportation plans may backfire, driving up the cost of homebuying even further. There is a need for more construction workers, as well: There were 282,000 construction jobs open as of September, according to the Bureau of Labor Statistics. “Immigrant labor is really important for our ability to continue to build homes affordably,” said Tobin. More than one-third of construction workers in the labor force are foreign-born, according to the US Census Bureau’s 2023 American Community Survey. In some states, that share is much higher: In California, New Jersey and Texas, more than half of construction workers are immigrants.
Persons: CNN — Duewight Garcia overstayed, Garcia, ” Garcia, Donald Trump’s, Trump, America’s, Riordan Frost, Frost, ” Frost, Jim Tobin, , Tobin, , Duewight Garcia, Edward Pinto, ” Pinto, Stan Marek, MAREK, it’s, ” Marek, Trump’s, Ohio Sen, JD Vance, ” Vance, Marek, they’re, Jennie Murray, ” CNN’s Tami Luhby Organizations: CNN, New, Joint Center for Housing Studies of Harvard University, National Association of Home Builders, Bureau of Labor Statistics, Pew Research, Survey, American, National Immigration Forum, Trump, Housing Center, American Enterprise Institute, Labor, The New York Times, National Immigration Locations: Honduras, New York City, America, California , New Jersey, Texas, New York, California, Wells Fargo, Houston
If you still haven’t booked your holiday travel plans, take note: Prices tend to rise the closer you get to the days you’re looking to travel. To afford holiday trips, about 50% of respondents are cutting back on other expenses while 49% are picking up discounts and deals, according to the 2024 Holiday Travel Outlook by Hopper, a travel site. Some last-minute holiday travelers are leaning into so-called “Travel Tuesday” — or the Tuesday after Cyber Monday and Black Friday — which falls on Dec. 3 this year. As you shop, make sure to read the fine print in case discounts only apply for certain routes and days, Dengler explained. “I really encourage travelers to do that exploration now so that on Travel Deal Tuesday, they can be ready to actually book,” she said.
Persons: Hopper, , ’ ”, Sally French, , Phil Dengler, Hayley Berg, Dengler, NerdWallet’s, “ They’re, you’ll, ” Dengler, you’re, Berg, Organizations: McKinsey and Company, Travel, Travel Deal, Black
Pure-play electric vehicle stocks like Rivian and Lucid are flat and down more than 3%, respectively, since Trump's victory. So why is Tesla soaring even as a second Trump administration is expected to fundamentally disrupt the U.S. electric vehicle market? And increased tariffs could make inputs for electric vehicles more expensive. These headwinds ignore the fact that Trump's new best friend is Tesla CEO Elon Musk, Bernstein analyst Toni Sacconaghi told clients in a Monday note. But Tesla's fundamentals are largely steady postelection, while Musk's relationship with Trump underlines how Tesla largely controls the self-driving vehicle narrative, the analyst said.
Persons: Tesla, Donald Trump, Trump, Elon Musk, Bernstein, Toni Sacconaghi, Musk, Vivek Ramaswamy, Sacconaghi, Dan Levy, Levy Organizations: U.S, Ford, General Motors, Trump, GOP, UBS, Bloomberg News, Traffic, Administration, Barclays, Tesla Locations: Friday's
JYP Entertainment's boy group Stray Kids attends the 2024 SBS Music Awards Summer in Seoul. The K-pop industry has been seeing a slowdown due to declining album sales and the inactivity of record-breaking groups such as Blackpink and BTS. Members of BTS have been serving their mandatory military service, while Blackpink only announced to reunite as a group in 2025. Streaming revenue, at least during the first half of this year, has been unable to cover the loss from album sales. For the third quarter, just Babymonster — a rookie group — and solo artist Lee Seunghoon released material.
Persons: Blackpink, Hwan, wook Lee, Jang Jeong Min, Minha Choi, Yeonghoon Kang, , Lee Seunghoon Organizations: JYP, Imazins, BTS, SM Entertainment, JYP Entertainment, YG Entertainment, Yuanta Securities, Samsung Securities, YG, NH Securities Locations: Seoul, U.S
The big storyA Copilot conundrumMicrosoft; Chelsea Jia Feng/BIMicrosoft's challenges with its flagship AI product could be another red flag for an industry with high hopes for the tech. Earlier this year, analysts at Barclays highlighted an under-the-radar risk to AI bets: the depreciation costs related to AI chips . A potential Trump trade plan beneficiary: US semiconductor jobs. If Trump's proposed trade plan is enacted, the American semiconductor industry could see hiring growth. Walmart might be just fine under Trump's proposed trade plan.
Persons: Copilot, Chelsea Jia Feng, Insider's Ashley Stewart, Satya Nadella didn't, doesn't, Ashley, It's, Sam Altman, Alistair Barr, Alyssa Powell, Jared Spataro, OpenAI, Biden, Carlyle, Will Matt Gaetz, Will Trump, Rob Arnott, Arnott, ANGELA WEISS, Trump's, Ilya Sutskever, Mira Murati, Rebecca Zisser, homebuyers, Trump, Bob Iger, Dan DeFrancesco, Grace Lett, Ella Hopkins, Hallam Bullock, Amanda Yen, New York.Milan Sehmbi Organizations: Business, Microsoft, Chelsea, Getty, Lumen Technologies, Barclays, Trump, Treasury, UFC, Republican, Getty Images, Elon, Spirit Airlines, JetBlue, Walmart, Walmart US, Shoppers, The Locations: Ukraine, Russia, Rio de Janeiro, New York, Chicago, London, New York.Milan
AdvertisementIndependent luxury brands face pressure to sell or seek investment amid the market downturn. It's a decision some independent luxury brands are confronting amid an industry-wide downturn. Even the biggest and most successful independent brands with cult followings are under pressure. Seize the moment or risk failureEscribano said there's been an uptick of independent brands seeking investors as a survival strategy. For independent brands, Escribano said, the thought process is "either we make it today or we're not here tomorrow."
Persons: It's, Simon Porte Jacquemus, Figaro, Gigi Hadid, Stephane Cardinale, Corbis, Jacqumeus, Blanca Zugaza Escribano, Escribano, there's, Kate Middleton, Dion Lee, Taylor Swift, Mara Hoffman, Roksanda, Chris Jackson, Milton Pedraza, Le Figaro, Jaquemus, Montaigne, Pedraza, Jacquemus, Kering, Valentino, Marc Piasecki Organizations: Fashion, Business, The Brand Group, Luxury Institute, Olympics, Burberry, Brands Locations: Soho , New York City, French, Serbian, Paris
Artificial Intelligence is reshaping the job application process, simplifying some aspects — and creating new potential frictions in others. As the use of AI in hiring and applying increases, many job seekers are having to go to extra lengths to stand out. Using the tools, job seekers can save hundreds of hours — and apply to up to thousands of jobs a day, according to the services. A premium membership starts at $38 a month, according to the website — a cost AI Apply notes is much lower and more accessible than the cost of a career counselor. But job seekers are not the only party using AI in the application process, according to a recent University of Washington study.
Persons: Jeff, ” Maddie Macho, Chantal Cowie, , Cowie, Teal, Claude, ” Cowie, , Aidan Cramer, Watchdogs, Cramer, ” Cramer, we’ve, OfferGoose, Mike Peditto, Ruth Edwards, “ It’s, ” Edwards, Peditto, it’s Organizations: Gemini, NBC News, of Washington, Fortune, Pew, ” Boston, New, Tiger Locations: Boston, New York
KYIV — Blasts rang out across Ukraine’s capital Kyiv and other cities early on Sunday, as Russia staged its biggest missile attack since August and targeted power facilities with the winter setting in, officials said. “Another massive attack on the power system is under way. The enemy is attacking electricity generation and transmission facilities throughout Ukraine,” Ukrainian Energy Minister German Galushchenko wrote on Facebook. Officials often withhold information on the state of the power system because of the war. In Kyiv, the roof of a residential building caught fire due to falling debris and at least two people were hurt, city officials said on the Telegram messaging app.
Persons: German Galushchenko, extinguishes, , Andrii Sybiha, Vladimir Putin, Olaf Scholz, Poland “, Vitali Klitschko Organizations: Ukrainian Energy, German, Facebook, Ukrainian Emergency, AFP, HANDOUT, Getty, Authorities, NATO Locations: Kyiv, Russia, Ukraine, Mykolaiv, Handout, AFP, Dnipropetrovsk, Volyn, Zaporizhzhia, Odesa, Kryvyi, Rivne, Poland
Chinese President Xi Jinping on Saturday vowed to work with the incoming U.S. administration of President-elect Donald Trump as he held his final talks with outgoing President Joe Biden on key conflicts from cyber crime to trade, Taiwan and Russia. Biden met Xi for about two hours at a hotel where the Chinese leader was staying, on the sidelines of the Asia-Pacific Economic Cooperation forum in Lima, Peru, for their first talks in seven months. Taiwan President Lai Ching-te is planning to stop in the U.S. state of Hawaii and maybe Guam on a sensitive visit that is sure to anger Beijing in the coming weeks, Reuters reported on Friday. Meanwhile, Taiwan’s former economy minister Lin Hsin-i met Biden at the summit on Friday and invited him to visit Taiwan in the near future. “When Xi meets with Biden part of his audience is not — it’s not solely the White House or the U.S. government.
Persons: Xi Jinping, Donald Trump, Joe Biden, Biden, Xi, , ” Biden, haven’t, Trump, Marco Rubio, Mike Waltz, Lai Ching, Lin Hsin, ” Xi, Jake Sullivan, ” Shen Dingli, , Shen, Ryan Berg Organizations: Economic Cooperation, Republican, Reuters, Embassy, Wednesday, Biden, Pacific Rim, APEC, U.S, Americas, Center for Strategic, International Studies, . Locations: Taiwan, Russia, Asia, Lima , Peru, China, Beijing, U.S, Washington, U.S ., Hawaii, Guam, North Korea, Ukraine, Russian, , United States, Shanghai, Lima, America, Peru
“Let’s be real a young Mike Tyson would’ve absolutely annihilated Jake Paul tonight,” she wrote on X. And the build-up to the fight was not too dissimilar to a traditional professional boxing fight. I’m just glad he didn’t get hurt out there.”And afterwards, 27-year-old Paul claimed he extended the fight for the spectacle. On the other hand, Tyson didn’t officially announce his retirement from boxing but expressed his appreciation for the experience. Lost half my blood and 25lbs in hospital and had to fight to get healthy to fight so I won.
Persons: Jake Paul, Mike Tyson, , Paul, Tyson, Evander Holyfield, Magic Johnson, he’s, Tyson’s, ” Johnson, Sarah Stier, UFC’s Tyron Woodley, Anderson Silva, Nate Diaz, Tony Bellew, , Nicola Adams, Mike Tyson would’ve, Katie Taylor, Amanda Serrano, Taylor, Al Bello, ” Terence Crawford, I’m, Friday’s, Canelo Álvarez, Conor McGregor, Tyson didn’t, ” Tyson Organizations: CNN, Dallas Cowboys, Netflix, Dallas Cowboy, ” CNN
New Orleans shootings: 2 dead, 10 injured
  + stars: | 2024-11-17 | by ( Melissa Alonso | ) edition.cnn.com   time to read: +2 min
CNN —Two people were killed and 10 others were injured in two shootings during a popular New Orleans second-line parade on Sunday, according to the New Orleans Police Department. They are 45 minutes apart from each other,” Superintendent Anne Kirkpatrick said during a Sunday evening news conference. “Approximately 45 minutes later, up on the bridge, we did have another outbreak of gunfire,” Kirkpatrick said. Police say it is still unclear whether the shootings are related because they occurred 45 minutes apart. The term “second line” refers to the people who follow the main brass band procession, the “first line.”“It’s a wonderful event … and we wanted to keep it a wonderful event,” she said.
Persons: Anne Kirkpatrick, ” Kirkpatrick, , Police “, , Stoppers, Kirkpatrick, CNN’s Leah Thomeer Organizations: CNN, New Orleans Police Department, Police, ” New, ” New Orleans police Locations: New Orleans, ” New Orleans
Blasts rang out across Ukraine's capital Kyiv and other cities early on Sunday, as Russia staged its biggest missile attack since August and targeted power facilities with the winter setting in, officials said. "Another massive attack on the power system is under way. Officials often withhold information on the state of the power system because of the war. "Russia launched one of the largest air attacks: drones and missiles against peaceful cities, sleeping civilians, critical infrastructure," said Foreign Minister Andrii Sybiha. In Kyiv, the roof of a residential building caught fire due to falling debris and at least two people were hurt, city officials said on the Telegram messaging app.
Persons: German Galushchenko, Andrii Sybiha, Vladimir Putin, Olaf Scholz, Vitali Klitschko Organizations: Ukrainian Energy, German, Facebook, Authorities, NATO Locations: Kyiv, Russia, Ukraine, Dnipropetrovsk, Volyn, Mykolaiv, Zaporizhzhia, Odesa, Kryvyi, Rivne, Poland
AdvertisementHigh housing costs, driven in large part by a shortage of homes, are keeping inflation sticky. Economists say Trump's proposals are a mixed bag; some could help housing costs and some could hurt. Ultimately, housing policy experts and industry leaders say housing costs will largely depend on how much new supply can be delivered to the market, which is suffering from a severe shortage of homes. Federal housing assistanceDuring his first term, Trump repeatedly proposed major cuts to housing assistance for households with low incomes or members with disabilities. This would make it harder for lower-income Americans to afford homes and slow down affordable housing construction.
Persons: Trump, Donald Trump, Karoline Leavitt, Vance, Jim Tobin, Tobin, Maurice Page, JD Vance, they're, Anirban Basu, Biden, Ben Metcalf, Metcalf Organizations: Federal Reserve, Trump, National Association of Home Builders, Biden, Administration, Nevada Housing Coalition, Business, Energy, Associated Builders and Contractors, Economic, of New, Reserve, UC Berkeley, Immigrants, Republican Locations: Nevada , Arizona, Utah, of New York, China
After a tough year for the restaurant industry, executives can't wait for 2025 to start. And many of the nation's largest restaurant chains, from McDonald's to Starbucks , have disappointed investors with same-store sales declines for at least one quarter. But green shoots have appeared, fueling tepid optimism for the future of the restaurant industry. Plus, interest rates are finally falling. For restaurants, lower interest rates mean that it's cheaper to finance new locations, fueling growth.
Persons: Kate Jaspon, Dunkin, Burger Organizations: Inspire Brands, Restaurant Finance, Development Conference, Intelligence, Starbucks, Revenue Management Solutions, Burger King, Restaurant Brands, Federal Reserve Locations: Las Vegas, McDonald's
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