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☆ DOJ calls for Google to sell Chrome and HomeGoods highlighted on TikTok: Morning Rundown
▼ + stars: | 2024-11-21 | by ( Elizabeth Robinson | Elizabeth Robinson Is A Newsletter Editor For Nbc News | Based In Los Angeles. | ) www.nbcnews.com time to read: +9 min

Trump’s plans for his first day in officePresident-elect Donald Trump plans to waste little time when he begins his second term in office. But much of Trump’s Day One goals will likely focus on stopping illegal immigration, the centerpiece of his candidacy. Chrome, which Google launched in 2008, provides the search giant with data it then uses for targeting ads. Additionally, the DOJ said that Google should be prevented from entering into exclusionary agreements with third parties like Apple and Samsung. These are some of the quirky items TikTok users have discovered during trips to their local HomeGoods stores.

Persons: Donald Trump, Laken Riley’s, Pope Francis, Joe Biden, Trump, won’t, Elon Musk, Vivek Ramaswamy, Matt Whitaker, Matt Gaetz, Dr, Mehmet Oz, Laken Riley, Jose Antonio Ibarra, Ibarra, Riley, Riley’s, Allyson Phillip, “, ”, → Susan Smith, →, Bryan Kohberger, Pope, Carlo Acutis, Francis Basilica, ” Pope Francis, he’ll, Acutis, Maurizio Cattelan’s “, Patrick Mahomes, Travis Kelce —, Milhouse Van Houten, Halyna Hutchins, Joel Souza, Jeff Greenberg, Daysia Tolentino, — Saba Organizations: Catholic, Biden, Trump, Security, Elon, Wall Street, NATO, Cabinet, Medicare, Services, North Carolina Republican, Democratic, U.S, University of Idaho, Google, Chrome The Department, Justice, Chrome, DOJ, Apple, Samsung, Android, Adolescents, Vatican News, FBI, Kansas City Chiefs, Indiana University, Hoosiers, NBC News, Staff, Universal, Getty, NBC, Target Locations: Russia, Ukraine, North, California, Venezuelan, St, Assisi, Italy

Americans will see the new Trump administration enact changes at a pace that is “like nothing you’ve seen in history,” a Trump campaign official said. Trump’s transition team is also fielding requests from overseas to host his first foreign trip. Coming off a decisive victory on Nov. 5, Trump has moved swiftly to build out the Cabinet and a senior White House team that will execute his plans. “The thing to realize is Trump is no dummy,” said Stephen Moore, a senior economic adviser in Trump’s campaign. Noem campaigned for Trump, though a person close to Trump was surprised he tapped her for the job.

Persons: Donald Trump, Trump, Joe Biden’s, Biden, Karoline Leavitt, “, Volodymyr Zelenskyy, Ron Klain, Donald Trump Jr, Mike Pompeo, “ Don, that’s, ” Trump, ”, Stephen Moore, he’s, ” Moore, Will Trump, We’re, Newt Gingrich, Gingrich, ” Gingrich, Ronald Reagan’s, Chad Wolf, Harris, Kristi Noem, hasn’t, Noem, ’ ” Trump, Grover Cleveland Organizations: WASHINGTON, ., NBC, Trump, Trump’s, White House, Policy Institute, CIA, Security, NBC News, Migration Policy Institute, DHS, Biden, Department of Homeland Security, Cricket, ”, Cleveland Locations: Jan, West Palm Beach , Florida, Ukraine, Russia, Washington, America, South Dakota, U.S, China

☆ Live updates: Ukraine military accuses Russia of launching ICBM, Kyiv fires Storm Shadow missiles and ATACMS into Russian territory
▼ + stars: | 2024-11-21 | by ( Christian Edwards | Catherine Nicholls | Cnn S Nick Paton Walsh | ) edition.cnn.com time to read: +2 min

Russia’s possible use of an intercontinental ballistic missile (ICBM) is a message to the West that it is has greater capabilities than previously displayed after a week of significant military operations and policy changes in both Ukraine and Russia. The West has for some time been concerned at a reciprocal Russian escalation in the war. This week, both US and British-French-made missiles have been fired into Russia by Ukraine, after US President Joe Biden gave Kyiv permission to use longer-range American missiles. In turn, President Vladimir Putin updated Russia’s nuclear doctrine — in a nuanced way, but still refined their policy to lower the threshold for use. Such an event would have elicited a very different reaction in Kyiv and the West.

Persons: Joe Biden, Vladimir Putin Locations: Ukraine, Russia, Kyiv, Ukrainian, Dnipro

☆ Austin says it’s ‘unfortunate’ that Chinese defense chief declined meeting
▼ + stars: | 2024-11-21 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms | ) www.nbcnews.com time to read: +1 min

WASHINGTON — China’s defense minister declined a meeting with Defense Secretary Lloyd Austin during a meeting of defense leaders in Laos, a move the Pentagon chief said Wednesday was unfortunate. Multilateral gatherings of national security officials in Asia have been used in the past for meetings between U.S. and Chinese defense leaders, but China declined a meeting request by Austin during this week’s Southeast Asian Nations-Plus defense ministers meeting. It affects the region because the region really wants to see us, you know, two significant players in the region, two significant powers, talk to each other,” Austin told reporters. “I don’t think that it has any sort of implications for the future. Chinese President Xi Jinping vowed on Saturday to work with the incoming U.S. administration of Donald Trump as he held his final talks with departing President Joe Biden on conflicts from cybercrime to trade, Taiwan, the South China Sea and Russia.

Persons: WASHINGTON, Lloyd Austin, Wednesday, “, ” Austin, ” Austin added.Austin, Dong Jun, Xi Jinping, Donald Trump, Joe Biden Organizations: Pentagon, Austin, Nations Locations: Laos, Asia, China, Singapore, Taiwan, cybercrime, South, Sea, Russia

☆ DOJ asks judge to force Google to sell Chrome as remedy in landmark antitrust case
▼ + stars: | 2024-11-21 | by ( Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +6 min

On Wednesday, DOJ officials in the antitrust division filed their proposal for remedies in the case. The DOJ wants Judge Mehta to force Google to sell its Chrome browser. Officials from the Department of Justice, in a Wednesday filing, urged District Judge Amit Mehta to force Google to sell its Chrome browser. AdvertisementMehta will consider the DOJ's proposal before he makes a final ruling regarding remedies in this case. "But if Google is able to control the company that buys Chrome, the impact of selling the business would be minimal.

Persons: Amit Mehta, Judge Mehta, Mehta, Lee, Anne Mulholland, Eric Chaffee, it's, Peter Cohan, Neil Chilson, Chilson, Joe Biden's, Donald Trump, Trump, Biden, Cohan, Chafee Organizations: Google, DOJ, Department of Justice, Apple, Business, Bloomberg, Case Western Reserve University, Babson College, FTC, Chrome, Case

☆ Trump demands Republicans ‘kill’ bill that would protect journalists from government spying
▼ + stars: | 2024-11-21 | by ( Brian Stelter | ) edition.cnn.com time to read: +4 min

New York CNN —In between his posts on Truth Social announcing nominees for his incoming administration, President-elect Donald Trump urged Republicans Wednesday to nix a bipartisan bill that would give journalists greater protections under federal law. Trump wrote on his favorite social network that “REPUBLICANS MUST KILL THIS BILL!”He linked to a PBS “NewsHour” interview with Jodie Ginsberg, the CEO of the Committee to Protect Journalists, who urged the Senate to pass the legislation. Known as the PRESS Act, the Protect Reporters From Exploitative State Spying Act would prevent the government from forcing journalists to reveal their sources and limit the seizure of their data without their knowledge. “It’s really important that we have that federal shield law to protect journalists at the federal level,” Ginsberg said on PBS. “Many Trump supporters from Rep. Jim Jordan to Sen. Mike Lee are champions of the PRESS Act because it would protect all journalists, including many who reach primarily conservative audiences.

Persons: Donald Trump, nix, Trump, Jodie Ginsberg, Sen, Tom Cotton, Trump’s, Joe Biden’s, ” Ginsberg, John Oliver, Dell Cameron, Trevor Timm, ”, ” Timm, Jim Jordan, Mike Lee Organizations: New, New York CNN, Social, Republicans, PBS, Protect Journalists, Senate, Freedom, Press, Republican, The New York Times, HBO, WIRED, Democratic, Press Foundation, CNN, Trump, Rep Locations: New York

☆ Young people flocked to these 10 rural places before the election. 9 went for Trump.
▼ + stars: | 2024-11-21 | by ( Juliana Kaplan | ) www.businessinsider.com time to read: +4 min

AdvertisementIn recent years, young Americans moved to rural areas at rates not seen in decades. But that doesn't mean they're turning rural counties red. In the years leading up to the election, young people flocked from urban areas to rural counties at record rates — but they didn't necessarily bring their big-city politics with them. The colored swing column in the table shows the percentage point change in vote share for Trump between 2020 and 2024. Those who did vote went more conservative.

Persons: Gen Zers, University of Virginia demographer Hamilton Lombard, —, Jed Kolko, Kolko, Millennials, Zers —, Kamala Harris, Joe Biden's Organizations: Trump, The New York Times, University of Virginia, Democratic, Republican, CNN, Information, Research, Civic, Economic Locations: Hays County , Texas, New York

☆ Ukraine says Russia launched an intercontinental missile in an attack for the first time in the war
▼ + stars: | 2024-11-21 | by ( ) www.cnbc.com time to read: +3 min

Ukraine says Russia launched an intercontinental ballistic missile overnight targeting Dnipro city in the central-east of the country, which, if confirmed, would be the first time Moscow has used such a missile in the war. It said an intercontinental ballistic missile was fired at Dnipro city along with eight other missiles, and that the Ukrainian military shot down six of them. The attack comes two days after Russian President Vladimir Putin signed a revised nuclear doctrine that formally lowers the threshold for the country's use of nuclear weapons. Ukraine on Tuesday fired several American-supplied longer-range missiles and reportedly fired U.K.-made Storm Shadows on Wednesday into Russia. While the doctrine envisions a possible nuclear response by Russia to a conventional strike, it is formulated broadly to avoid a firm commitment to use nuclear weapons and keep Putin's options open.

Persons: Vladimir Putin, Yevgeny Balitsky, Joe Biden's, Putin Organizations: Kremlin, Ukraine, Russian Defense Ministry, U.S, NATO Locations: Moscow, Russian, Ukraine's Zaporizhzhia, Russia, Ukraine, Dnipro, Russia's Astrakhan, Crimean

☆ Intercontinental ballistic missile: Ukraine has accused Russia of launching an intercontinental missile. Here’s what we know
▼ + stars: | 2024-11-21 | by ( Catherine Nicholls | ) edition.cnn.com time to read: +7 min

CNN —Ukraine’s military has accused Russia of firing an intercontinental ballistic missile (ICBM) into its territory for the first time, marking what would be another significant escalation in the 1,000-day-old war. Despite Kyiv’s accusation, two Western officials said that the missile launched by Russia was a ballistic missile, but not an ICBM. Ukraine’s air force accused Russia of launching an intercontinental ballistic missile at Dnipro at around 5 a.m. local time, from the Astrakhan region of southern Russia. Alexander Nemenov/AFP/Getty Images/FileWhat is an intercontinental ballistic missile? An intercontinental ballistic missile (ICBM) is a long-range weapon that is fired into space and then releases a warhead or warheads that reenter the atmosphere to drop on their targets.

Persons: CNN —, Heorhii Tykhyi, “, Volodymyr Zelensky, Vladimir Putin, ” Zelensky, Dmitry Peskov, Peskov, Joe Biden, Putin, Alexander Nemenov, Mykola Synelnykov, Serhiy Lysak Organizations: CNN, Ukraine’s Foreign Ministry, Russia’s Defense Ministry, Russia’s Defense, Victory Day, Getty, Center for Arms Control, Soviet Union, The, Patriot, Missile, Center for Strategic, International Studies, Congressional Research Service, Patriots Locations: Russia, Dnipro, Ukrainian, Ukraine, Astrakhan, Laos, British, Russian, Moscow, AFP, Soviet, States, Germany, Kyiv, Dnipropetrovsk, Donetsk

☆ International Criminal Court issues arrest warrants for Netanyahu and Hamas officials
▼ + stars: | 2024-11-21 | by ( ) www.cnbc.com time to read: +6 min

The International Criminal Court issued arrest warrants on Thursday for Israeli Prime Minister Benjamin Netanyahu, his former defense minister and Hamas officials, accusing them of war crimes and crimes against humanity over the war in Gaza and the October 2023 attacks that triggered Israel's offensive in the Palestinian territory. Netanyahu and other Israeli leaders have condemned ICC Chief Prosecutor Karim Khan's request for warrants as disgraceful and antisemitic. U.S. President Joe Biden also blasted the prosecutor and expressed support for Israel's right to defend itself against Hamas. The court also issued a warrant for the arrest of Mohammed Deif, one of the leaders of Hamas. Khan sought warrants in May, accusing Netanyahu and Gallant of crimes including murder, intentionally attacking civilians, and persecution.

Persons: Benjamin Netanyahu, Netanyahu, Karim Khan's, Joe Biden, Yoav Gallant, Mohammed Deif, Yahya Sinwar, Ismail Haniyeh, Oren Marmorstein, Israel, Gallant, Vladimir Putin, Khan, — Sinwar, Deif, Haniyeh, hasn't, Sinwar, Balkees Jarrah, Benny Gantz, Yair Lapid Organizations: Israeli, ICC, U.S, Israeli Foreign Ministry, Foreign, Hamas, Prosecutors, Human Rights Locations: Gaza, Palestinian, Israel, United States, Hague, Ukraine, Mongolia, Israeli, Iran

☆ Box CEO Aaron Levie, who voted for Kamala Harris, explains why more Democrats should embrace Elon Musk
▼ + stars: | 2024-11-21 | by ( Kelsey Vlamis | ) www.businessinsider.com time to read: +6 min

AdvertisementBox CEO Aaron Levie said Democrats should embrace Elon Musk. Levie, who supported Kamala Harris, said he thinks Musk is uniquely qualified to support innovation. In an interview with Business Insider, Levie explained why he thinks Democrats should make an effort to embrace Musk, and how he thinks it would benefit American innovation. Levie supported Vice President Kamala Harris for president, donating to her campaign as well as President Joe Biden's before he dropped out of the race. He said he thinks Musk would be uniquely able to identify things that get in the way of progress in those areas.

Persons: Aaron Levie, Elon Musk, Kamala Harris, Levie, Joe Biden's, didn't, Donald Trump, Musk, Hillary Clinton, Joe Biden, Biden, Tesla, EVs, he'd, Sen, Chris Coons, " Coons, Coons, Pete Buttigieg, Helene, Buttigieg, Vivek Ramaswamy, Ramaswamy, Musk's Organizations: Democratic, Business, Democratic Party, Republicans, SpaceX, Twitter, White, Ford, GM, Tesla, EVs, Republican, Fox, Department of Government Efficiency, Transportation, Elon, Politico, Department of Government, Department of Defense Locations: Delaware

☆ Vance debuts new role as Trump’s point person on Capitol Hill
▼ + stars: | 2024-11-21 | by ( Alayna Treene | Steve Contorno | ) edition.cnn.com time to read: +8 min

Congressional Republicans acknowledge that Vance hasn’t necessarily developed longstanding relationships on Capitol Hill during his abbreviated time in Washington. His coattails turned a 49-51 senate to a 53-47 senate,” Vance wrote on X on Wednesday. The three developed a bond that predates the campaign and has carried into the early days of Trump’s transition. But when you look at the effectiveness of JD in the campaign, there’s no better surrogate for President Trump’s agenda,” the adviser said. “In JD’s view, his role of VP is to take on any issue that President Trump would like him to take on,” the person close to Vance told CNN.

Persons: JD Vance, Donald Trump’s, Vance, Matt Gaetz, he’ll, Pete Hegseth, Vance hasn’t, ”, North Dakota Sen, Kevin Cramer, Trump, “, Donald Trump, ” Cramer, ” Vance, “ Donald J, coattails, Joe Biden’s, Grace Chong, Steve Bannon’s, Chong, ” Trump, Tom Homan, ’, Tulsi Gabbard, Donald Trump Jr, —, Trump’s MAGA, Kamala Harris ’, JD, James Braid, “ Vance, you’ll, ” CNN’s Ted Barrett Organizations: CNN, Capitol, Trump’s Cabinet, Florida Rep, Fox News, Department of Defense, Senate, White, GOP, Cabinet, Trump, FBI, Republican, Democratic, Mar, Elon, JD, Central America —, “, White House Locations: Ohio, Washington, North Dakota, Central, Trump

☆ It looks like Donald Trump will get to fly on his cut-price Air Force One after all
▼ + stars: | 2024-11-21 | by ( Pete Syme | ) www.businessinsider.com time to read: +5 min

AdvertisementDonald Trump renegotiated a deal with Boeing for a new Air Force One in his first term as president. Following years of delays, billions of dollars, and his return to the presidency, Donald Trump is set to fly on the new Air Force One after all. In 2015, the Air Force again chose Boeing to build two new planes, this time based on the larger 747-8. The VC-25B project is known as the "Next Air Force One." Courtesy of the Air ForceWhile the government is paying $3.9 billion for the new jets, Boeing has suffered from the Next Air Force One.

Persons: Donald Trump, Trump, Dennis Muilenburg, Donald J, Boeing's, Joe Biden, Kennedy, Dave Calhoun, wasn't Organizations: Boeing, Air Force One, Next Air Force, Air Force, Force, Trump, ABC, Trump Shuttle, Reuters, Street Journal, Business Locations: Russian, United States

☆ Opinion | Democrats, It’s Time to Say Goodbye to Our Neoliberal Era
▼ + stars: | 2024-11-21 | by ( Antonio Delgado | ) www.nytimes.com time to read: +1 min

In the months ahead, Democratic Party officials and operatives will analyze election returns and voting patterns to try to make sense of what happened on Election Day. Like Goldwater after 1964, the Democratic Party can seize defeat to establish a new order — but the era of tinkering around the edges is over. Look no further than solid blue New York: Vice President Kamala Harris had the worst statewide performance for a Democrat since 1988. The contemporary Democratic Party emerged from the “greed is good” era of the 1980s in part by co-opting pieces of the Reagan agenda. President Bill Clinton built a coalition — part working class, part Wall Street — that led Democrats back to the White House without redefining the political system.

Persons: Goldwater, Ronald Reagan’s, Donald Trump didn’t, Kamala Harris, Joe Biden’s, Reagan, Bill Clinton, ” Organizations: Democratic Party, Democratic, Democrat Locations: York, New York City

☆ After a stinging election defeat, the Democrats' next big race kicks off: From the Politics Desk
▼ + stars: | 2024-11-20 | by ( The Politics Desk | ) www.nbcnews.com time to read: +12 min

After a stinging election defeat, the race to lead the DNC kicks offBy Natasha Korecki and Alex Seitz-WaldTwo weeks after suffering another stinging defeat to Donald Trump, Democrats are in the throes of dissecting what went wrong and figuring out their path forward. Martin O’Malley, a onetime presidential candidate and the commissioner of the Social Security Administration, kicked off the race by entering the fray. Minnesota Democratic Party Chair Ken Martin, a DNC vice chair and leader of the Association of State Democratic Committees, followed by formally announcing his candidacy Tuesday. Still looming out there: Wisconsin Democratic Party Chair Ben Wikler, who has developed a reputation as a prodigious fundraiser and field organizer. Read more → ☑️ Latest race calls: Democratic Rep. Marcy Kaptur defeated Republican Derek Merrin in Ohio’s competitive 9th District, NBC News projected.

Persons: Natasha Korecki, Alex Seitz, Wald, Chuck Todd, Donald Trump, Joe Biden, Jaime Harrison, Martin O’Malley, Ken Martin, Martin, O’Malley, Chuck Rocha, Sen, Mallory McMorrow, Ben Wikler, “ Ben, That’s, Rahm Emanuel, Barack Obama, Emanuel, Adam Parkhomenko, Hillary Clinton’s, “, ” Parkhomenko, James Zogby, it’s, Howard Dean, Obama —, Chuck Todd Here’s, Trumpism, Trump, wasn’t, Harris, Biden, Read, Chuck → ➡️, Matt Gaetz, Lloyd Austin, Pete Hegseth, Linda McMahon, Matt Whitaker, 🗞️ Organizations: NBC, White House, Capitol, Democratic National Committee, DNC, Maryland Gov, Social Security Administration, Minnesota Democratic, Association of State Democratic Committees, Democratic, Politico, Republican, Democratic National Convention, Wisconsin Democratic, Chicago, NBC News, Arab American Institute, America, GOP, Pentagon, “ DEI, Biden, Chuck → ➡️ Trump, Wrestling Entertainment, Education Department, Former, Atlantic Treaty Organization Locations: Michigan, U.S, Japan, Oklahoma

Mike DeWine, Columbus Mayor Andrew Ginther and other city leaders condemned the neo-Nazis in statements and on social media. But Black locals like Holmes wanted to do more and send a message of solidarity, they said. A group of Black leaders and locals marched through Columbus, Ohio, in a “unity” rally. Dozens of men walked, many side by side, down North High Street, many dressed in all black. He said the atmosphere among Black Columbus residents was one of fear and anxiety, with many wondering if they were safe in the city.

Persons: Derrick Holmes, ” Holmes, Joe Biden, Andrew Bates, Nazism, Mike DeWine, Columbus Mayor Andrew Ginther, Holmes, Black, Sean Walton Jr, Brian Winston, Walton, ” Winston, “, ” Walton, ”, Elaine R, Bryant, Winston, Donald Trump’s, Anne Frank ”, Trump, Christian supremacists, Trump’s, Karoline Leavitt, Oren Segal, Jon Lewis, George, ” Lewis Organizations: Columbus ’ Union, Columbus ’ Union Grove Baptist Church, North, North Arts District, ”, ” Ohio Gov, Columbus Mayor, of, Black Columbus, Columbus, Columbus Division of Police, Police, Washington Post, Nazi, Defamation League Center, Extremism, New York Times, Hate, George Washington University’s Program Locations: Columbus , Ohio, Columbus, Columbus ’ Union Grove, United States, ” Ohio, of Central Ohio, Houston, Black, Michigan, Ohio, Springfield, Charlottesville , Virginia, Louis, “

VIENTIANE, Laos — Women and racial diversity are vital to the strength of U.S. armed forces, outgoing Defense Secretary Lloyd Austin said in an exclusive interview with NBC News as he prepares to shortly exit the top military post after four years. “I would tell you that, you know, our women are the finest troops in the world. Our military is going to remain a diverse military," Austin said. Austin did not weigh in on what he thinks about Trump's choice of Hegseth to lead the Department of Defense. Austin, a four-star general who was previously commander of U.S. Central Command, was appointed as Secretary of Defense by President Joe Biden and was sworn in on Jan. 22, 2021.

Persons: Lloyd Austin, “, ” Austin, Donald Trump’s, Pete Hegseth, Hegseth, ”, Austin, Trump, Biden, Vladimir Putin, —, we've, Joe Biden, Lester Holt Organizations: NBC News, Defense, Army National Guard, Pentagon, Senate, Republicans, Department of Defense, ., Korean, U.S . Central Command, NBC Locations: VIENTIANE, Laos, Iraq, Afghanistan, United States, Ukraine, Russia, U.S, Russia's Kursk, Jan

Of course, these basic rules of political decorum are ones Donald Trump has rarely followed. He’s been accumulating political capital, and his victory only gives him an opening to accumulate more ... if he chooses to. On some level, I accept the notion that one person’s revenge is another person’s “reform,” so I’m sure Trump could argue he’s appointing reformists. What will ultimately matter is whether these folks can govern like reformers or end up simply as conduits for Trump’s revenge. Here’s the political problem Trump is creating for himself: He’s taking full ownership of the entire bureaucracy now.

Persons: Donald Trump, He’s, Trump, acquiesce, Matt Gaetz, Pete Hegseth, Robert F, Kennedy Jr, Tulsi Gabbard, let’s, Nancy Mace's, Hegseth, “, wasn’t, Harris, Joe Biden, Biden, I’ve, didn’t, Barack, Biden’s Organizations: —, Justice Department, Fox, Defense Department, Department of Health, Human Services, GOP, Pentagon, “ DEI, Biden, Democratic, Trump Locations: Russia, Oklahoma, Afghanistan, overreach

☆ Trump tariffs to push down U.S. growth 'a great deal' going into 2026, Morgan Stanley warns
▼ + stars: | 2024-11-20 | by ( Lee Ying Shan | In Ying-Shan-Lee | ) www.cnbc.com time to read: +2 min

Donald Trump's proposed tariffs will dent U.S. economic growth going into 2026, said Morgan Stanley's chief global economist Seth Carpenter. In the event that they are enacted all at once, they could result in a "big negative shock" to the economy, Carpenter told CNBC's Sri Jegarajah on the sidelines of Morgan Stanley's annual Asia Pacific Summit in Singapore. Carpenter, who maintained Morgan Stanley's base case of these tariffs being spread over 2025, said they would lead to higher inflation. "Then into 2026, we think growth starts to come down a great deal in the U.S. because of those tariffs and some of the other policies," he cautioned. Very clear, tariffs are a drag on growth for the U.S., not just for the countries that the tariffs are put on," Carpenter added.

Persons: Donald Trump's, Morgan Stanley's, Seth Carpenter, Trump, Carpenter, CNBC's Sri, Morgan, Mark Malek, Siebert, Joe Biden, Trump's, Malek, Ben Emons Organizations: Asia Pacific Summit, Microsoft, Apple, U.S . Federal Reserve, FedWatch Advisors Locations: China, CNBC's Sri Jegarajah, Morgan Stanley's, Singapore, U.S

☆ Trump sees China as the biggest AI threat. He has bipartisan support to win the race for powerful human-like AI.
▼ + stars: | 2024-11-20 | by ( Jyoti Mann | ) www.businessinsider.com time to read: +3 min

AdvertisementA bipartisan US congressional commission urges a "Manhattan Project" for AI to outpace China. Trump has previously called China the "primary threat" in the AI race. AdvertisementThe Manhattan Project was a secret program led by the US government during World War II to develop the world's first atomic bombs. Advertisement"We have to take the lead over China, China is the primary threat," he added. OpenAI also cited the Manhattan Project in its blueprint as one of the US's "iconic infrastructure projects that moved the country forward."

Persons: Trump, Donald Trump, Logan, Joe Biden's, OpenAI, Yoshua, Max Tegmark Organizations: China, China Economic, Security, Commission, General Intelligence, US Treasury Department, Business, Manhattan Project, Life Institute, MIT, Guardian, Elon Locations: China, US, Washington

☆ First ATACMS, now Storm Shadows: long-range Western missiles are raining down on Russia for the first time
▼ + stars: | 2024-11-20 | by ( Jake Epstein | ) www.businessinsider.com time to read: +5 min

AdvertisementUkraine has long been restricted from using Western missiles to strike inside Russia. Kyiv has since used both ATACMS and Storm Shadow missiles to hit targets on Russian soil. Ukraine is finally using its powerful, longer-range Western missiles to strike targets inside Russia after waiting over a year for permission. AdvertisementUkraine fired a volley of at least 10 Storm Shadow missiles into Russia, The Wall Street Journal reported, citing Ukrainian and Western officials. Ukraine long pressed its Western partners to allow it to fire Storm Shadow missiles across the border into Russia.

Persons: Joe Biden, Lockheed Martin, Volodymyr Zelenskyy, JUSTIN TALLIS, Donald Trump Organizations: Storm, Street Journal, UK, Storm Shadow, North Korean, Defense Express, Euromaidan Press, NATO, Army Tactical Missile Systems, Ukraine's, Artillery, South Korean Defense Ministry, Getty, MBDA, Ukraine, Shadow, US, White Locations: Ukraine, Russia, Kyiv, Russia's, Bryansk, Russia's Kursk Oblast, Kursk, Britain, France, North Korea, Russia's Kursk, Ukrainian

☆ Delta CEO says Trump administration's approach to regulation could be 'breath of fresh air'
▼ + stars: | 2024-11-20 | by ( Leslie Josephs | ) www.cnbc.com time to read: +3 min

Delta Air Lines CEO Ed Bastian said the Trump administration's approach to regulation could be a "breath of fresh air." Speaking to reporters ahead of Delta's investor day, Bastian noted that President-elect Donald Trump campaigned saying he would take a "fresh look" at regulation and bureaucracy. "We have to invest in this industry," American Airlines CEO Robert Isom said at the Skift Aviation Forum in Dallas last week. In an interview last week, Sun Country Airlines CEO Jude Bricker said: "We just need stability and resources at the DOT." Industry members and analysts also expect the incoming administration to be more open to mergers and consolidation.

Persons: Ed Bastian, Bastian, Donald Trump, Pete Buttigieg, Trump, Sean Duffy, Duffy didn't, Robert Isom, Jude Bricker, Joe Biden's Organizations: Delta Air Lines Inc, Delta Air, Trump, U.S . Department of Transportation, Delta, Fox Business, U.S, Federal Aviation Administration, American Airlines, Skift Aviation, Sun Country Airlines, Industry, Alaska Airlines, Hawaiian Airlines, Biden's Justice, Spirit Airlines, JetBlue Airways, JetBlue Locations: New York, Dallas, U.S

☆ DOGE's potential first target is a mobile app for filing your taxes
▼ + stars: | 2024-11-20 | by ( Tom Carter | ) www.businessinsider.com time to read: +2 min

AdvertisementElon Musk's DOGE is considering developing a mobile app for tax filing, per the Washington Post. Elon Musk and Vivek Ramaswamy have been tasked with slashing government spending under Trump. Elon Musk's Department of Government Efficiency reportedly has its first target — the US tax system. Musk and Vivek Ramaswamy's cost-cutting agency has discussed developing a mobile app that would let Americans file their taxes for free, two sources told The Washington Post. Musk and DOGE did not respond to a request for comment from Business Insider, sent outside normal working hours.

Persons: Elon, Elon Musk, Vivek Ramaswamy, Vivek Ramaswamy's, Ramaswamy, Donald Trump's, Joe Biden, Musk Organizations: Washington Post, Intuit, Trump, Elon Musk's Department, Government Efficiency, Washington, Republicans, Treasury, Business Locations: Washington

☆ North Korea appears to be sending its powerful howitzers to the Ukraine war, where artillery has been king
▼ + stars: | 2024-11-20 | by ( Jake Epstein | ) www.businessinsider.com time to read: +5 min

AdvertisementNorth Korea appears to have transferred different types of artillery systems to Russia. The development comes as North Korean troops are fighting against Ukraine on behalf of Russia. North Korea appears to have sent its big guns to Russia, furthering its support of Moscow's grinding war against Ukraine, a conflict in which artillery has been a dominant player. AdvertisementImages began to surface on social media last week showing what were identified as North Korean "Koksan" 170mm self-propelled howitzers traveling by rail across Russia. North Korea now shipping artillery systems to Russia — this in addition to shells, men, and missiles it is already sending.

Persons: Kasapoğlu, ZHBemaVVXM, 3lOtCi13TO — Oliver Carroll, Chung Sung, it's, Joe Biden Organizations: Ukraine, Western, Hudson Institute, Korean, Center for Strategic, Studies ' Missile, Artillery Rocket Systems, US Defense Intelligence Agency, DIA, Getty, Artillery, North Korean, Kyiv's, NATO Locations: Korea, Russia, South Korea, North Korea, Ukraine, Korean, Pyongyang, Kyiv, Moscow, Seoul, Kursk

☆ Cheaper turkeys help bring down Thanksgiving dinner costs this year
▼ + stars: | 2024-11-20 | by ( Vanessa Yurkevich | ) edition.cnn.com time to read: +3 min

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

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