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CNN —At least 11 people have been killed and several others injured after an Israeli strike flattened a multi-story residential building in central Beirut overnight, Lebanese officials said. At least 23 other people were injured in the strike, according to a toll provided by Lebanon’s Civil Defense. Saturday’s attack marks the latest in a string of Israeli strikes on central Beirut in recent weeks, following the killing of a Hezbollah spokesperson in an airstrike last Sunday. Most Israeli airstrikes have targeted the Lebanese militant group’s stronghold in Beirut’s southern suburbs since hostilities ramped up early last month. On Friday, the director general of Dar Al Amal University Hospital near Baalbek in eastern Lebanon was killed along with six of his colleagues in an alleged Israeli strike, according to Lebanon’s Health Ministry.
Persons: Dar Organizations: CNN, National News Agency, Lebanon’s Civil Defense, Israel Defense Forces, Dar Al Amal University, Health Ministry Locations: Beirut, Lebanon, Beirut’s, Baalbek
WASHINGTON — The Supreme Court could further weaken the power of federal agencies by agreeing on Friday to hear a dispute over a Federal Communications Commission program that requires companies to subsidize telecommunications services in underserved areas. The FCC case raises two interlinked issues, one of which concerns the broad question of whether Congress exceeded its powers. The FCC turned to the Supreme Court after the New Orleans-based 5th U.S. The Supreme Court earlier this year issued a series of rulings against federal agencies, including one overturning a 40-year-old precedent that gave leeway to agencies to interpret laws written ambiguously. Three of them serve on the Supreme Court.
Persons: WASHINGTON —, Andrew Oldham, Donald Trump's Organizations: Federal Communications Commission, FCC, Consumers, Research, Universal Service Fund, Universal Service Administrative Company, New, Circuit, Conservative, Oldham, Trump Locations: New Orleans
In the U.S. Senate, incumbent Sen. Ted Cruz, R-Texas, was re-elected, while fellow incumbents Sens. If Rubio is confirmed to serve as Secretary of State, the number of Latinos in the Senate will go down to six. Forty Latino incumbents running for re-election in the House won while four lost their seats, according to NALEO's count. But now Evans will be making history as the state's first Latino Republican elected to a full term in Congress, according to NALEO. Latino Rep. Greg Lopez, R-Colo., won a special election in June filling the remainder of former Rep. Ken Buck’s term following his resignation in March.
Persons: Ruben Gallego, Bernie Moreno, Sen, Ted Cruz, Sens, Alex Padilla, Catherine Cortez Masto, Ben Ray Luján, Marco Rubio, Gallego, Kari Lake, Kyrsten Sinema, Moreno, Sherrod Brown, Donald Trump, Rubio, Luz Rivas, Gil Cisneros, Tony Cardenas, Grace Flores Napolitano, ” Arturo Vargas, NALEO, Nellie Pou, Bill Pascrell, Billy Prempeh, Pou, Gabe Evans, Yadira Caraveo, Caraveo, Evans, Greg Lopez, Ken Buck’s, Lopez, Emily Randall, Sam Liccardo Organizations: National Association of Latino, Republicans, U.S . Senate, Democrats, Democratic, Cleveland, Republican, Senate, State, House, Congressional District, Democrat, Congressional, Representatives, U.S . House, Latina, San Jose Locations: Ohio, New Jersey, Washington , Colorado, California, Arizona and Ohio, Texas, Colombian, Rivas, D, U.S, Congress, Colorado, Denver, Washington’s, Northern California
According to NBC News exit polls of Nevada, Trump lost Latinos by 26 percentage points in 2020, but he won them by 2 points this year. Among Nevada voters without college degrees, Trump extended his lead from 2 points in 2020 to 10 points this year. “Working-class voters don’t pay attention to politics. Even as Trump carried Nevada Latinos by 2 points, they voted for Rosen by 7 points, according to NBC News exit polls. “But overall, the Democratic Party missed the mark, and they’re going to have to re-evaluate that commitment to working-class voters.”
Persons: Kamala Harris, Donald Trump’s, , , Susie Lee, Lee, “ it’s, Sen, Jacky Rosen, Harris, Rosen, Sam Brown, Brown, Trump, he’s, Ted Pappageorge, Pappageorge, They’re, We’ve, Jeremy Hughes, Hughes, Joe Lombardo, “ Brown, Catherine Cortez Masto, headwinds, we’ve, “ You’ve, Jacky, That’s, ” Cortez Masto, ” Rosen, Biden, ” Josh Marcus, Blank, Cortez Masto, “ Joe Biden Organizations: VEGAS, Trump, , Democrats, Nevada, Republican, Culinary Union, NBC, CNN, Fox, GOP, GOP Gov, Democratic, Veterans Affairs, Biden, Democratic Party Locations: Nevada, Las Vegas, Nevada’s “, Sin City, Sen, Reno
A resident walks at the site of a Russian missile strike in Dnipro, Ukraine, November 21. Mykola Synelnykov/ReutersRussia’s use of a nuclear-capable ballistic missile on Thursday is the latest escalation in the Ukraine war. The use of what Vladimir Putin said was a ballistic missile with multiple warheads in offensive combat is a clear departure from decades of the Cold War doctrine of deterrence. Ballistic missiles with multiple warheads, known as “multiple independently targeted reentry vehicles,” or MIRVs, have never been used to strike on an enemy, experts say. Ballistic missiles have been the underpinning of deterrence, offering what is known as “mutual assured destruction,” or MAD, in the nuclear age.
Persons: Mykola Synelnykov, Vladimir Putin, MIRV, ” Hans Kristensen, Kristensen Organizations: Reuters, West, Federation of American, Ballistic Locations: Russian, Dnipro, Ukraine, Ukrainian, Russia, Europe
CNN —It began with a peace move nobody wanted and ended with an experimental missile strike so rare in war Moscow gave a 30-minute heads-up to Washington. The White House publicly authorized Ukraine Sunday to fire missiles it supplied into Russia proper, which it swiftly did Monday. Moscow responded by using an experimental medium-range missile, with hypersonic speeds and a multiple warhead system usually reserved for nuclear payloads, to strike Dnipro Thursday. Similarly, Putin’s decision to launch the Oreshnik missile was likely Moscow stepping up another rung on a carefully prepared ladder of escalation. Yuri Budanov, head of Ukraine’s defense intelligence, said Friday it was a “medium-range ballistic missile, a nuclear weapons carrier.
Persons: Donald Trump’s, Putin, Olaf Scholz, Vladimir Putin, Scholz, Trump, Joe Biden’s, , Russia’s, , Yuri Budanov, ” Budanov, Biden Organizations: CNN, White House, Ukraine Sunday, Dnipro Thursday, Kremlin, Russia’s, Foundation, NATO, Intermediate Nuclear Forces, US, United Kingdom’s Defence Intelligence Locations: Moscow, Washington, Ukraine, Russia, Germany, Europe, Poland, France, Dnipro, Kyiv, Kharkiv, Kupiansk, Zaporizhzhia, Kursk
Markets: The stock market is wrapping up a good week, with the S & P 500 on Friday pacing for its fifth straight session of gains. Next week: It's a holiday-shortened week with markets closed Thursday for Thanksgiving and closed early (1 p.m. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.
Persons: Jim Cramer, industrials, Coterra, We're, Blackwell, CrowdStrike, Robert F Kennedy, we'll, JM Smucker, Jim Cramer's, Jim Organizations: CNBC, ., Walmart, Costco, Utilities, Nvidia, Coterra Energy, Technology, Enterprise, Department of Health, Human Services, Department of Justice, Google, Chrome, Burlington Stores, Dick's Sporting Goods, JM, Abercrombie, Fitch, Dell Technologies, HP Inc, Federal, Jim Cramer's Charitable, Traders, New York Stock Exchange, NYSE Locations: New York City
CNN —Russia’s use of a nuclear-capable ballistic missile on Thursday is the latest escalation in the Ukraine war. The use of what Vladimir Putin said was a ballistic missile with multiple warheads in offensive combat is a clear departure from decades of the Cold War doctrine of deterrence. Ballistic missiles with multiple warheads, known as “multiple independently targeted reentry vehicles,” or MIRVs, have never been used to strike an enemy, experts say. Aftermath of Russian missile strike in Dnipro, Ukraine, on November 21, 2024. Pakistan reportedly tested a missile with multiple warheads in 2017, and earlier this year India said it had successfully tested a MIRVed ICBM.
Persons: Vladimir Putin, MIRV, ” Hans Kristensen, Kristensen, Matt Korda, , Manish Swarup, Korda, ” Kristensen Organizations: CNN, West, Federation of American, Russian, Ballistic, Federation of American Scientists, Union of Concerned Scientists, Center for Arms Control, AP Locations: Ukraine, Dnipro, That’s, US, Ukrainian, Russia, United States, Europe, China, United Kingdom, France, Pakistan, India, New Delhi, North Korea
CNN —Nearly six years after actor Jussie Smollett was accused of staging a hate-crime hoax in downtown Chicago and lying to police, an Illinois Supreme Court decision overturned his conviction on Thursday over prosecutorial issues, according to the Associated Press. Brothers Olabinjo Osundairo and Abimbola Osundairo arrive at court for a hearing for actor Jussie Smollett in Chicago on July 14, 2021. Kamil Krzaczynski/ReutersIn a statement thanking fans in 2019, Smollett said he had “been 100% factual and consistent on every level” in response to doubts about his story’s integrity. Smollett told Abimbola Osundairo he was disappointed in the “Empire” team’s reaction to the letter, according to prosecutors. I wouldn’t have had a trial,” Smollett told ET.
Persons: Jussie Smollett, Kim Foxx, , Nenye, Smollett’s, Joe, ” Uche, , he’s, , CNN’s Laura Coates, Foxx, Dan K, Webb, Smollett, Donald Trump –, Olabinjo, Abimbola Osundairo, Kamil Krzaczynski, Eddie Johnson, ” Johnson, Johnson, Brian CassellaPool, Holliday, ” Smollett, Tonight’s Nischelle Turner, , Chris Boyette, Bill Kirkos, Omar Jimenez, Steve Almasy, Ashley Killough, Christina Maxouris Organizations: CNN, Associated Press, AP, Fox, , Chicago, Smollett, Chicago Police Department, Authorities, Reuters, Chicago Police, Chicago police, Police, Chicago Tribune Locations: Chicago, Illinois, Cook, City, MAGA, Cook County
Friday, November 22, 2024: Cramer says this cybersecurity stock could go much higherGo behind the scenes with Jim Cramer and Jeff Marks of the CNBC Investing Club as they talk candidly about the market's biggest headlines, analyst calls and holdings in the Charitable Trust—and see up close how they decide when, and if, to take action on stocks.
Persons: Cramer, Jim Cramer, Jeff Marks Organizations: CNBC, Trust
That's partly due to higher inventory levels, which rose 19% in October compared to last year. Existing home sales rose 3.4% in October, the group said. Sales rose 2.9% year-over-year for the first annual rise since July 2021 when Americans were still in the midst of a pandemic homebuying boom. Despite higher inventory levels, existing home prices have continued to rise, with the median existing home price climbing 4% in October to $407,200. Last week, the 30-year fixed mortgage rate ticked lower but remained elevated at 6.78%, three basis-points higher higher than the 52-week average, according to Freddie Mac.
Persons: Lawrence Yun, Freddie Mac, Yun, Zillow Organizations: National Association of Realtors, NAR, Bank of America Locations: Real
CEO Jensen Huang said more Blackwell chips will be delivered this quarter than previously estimated. Nvidia delivered another strong set of quarterly results on Wednesday, sparking positive initial reactions among the company's analysts. Nvidia observers were keeping a close eye on any mention of Blackwell chips, the popular next-generation chips in high demand. Nvidia will deliver more Blackwell chips this quarter than previously estimated, Huang said, and demand exceeds supply as expected. AdvertisementHSBC analysts wrote in a note that they expect "significant" earnings upside for the 2026 financial year despite gross margin pressure.
Persons: Jensen Huang, Blackwell, Trump, aren't, Robert Lea, Huang, Dan Ives, AI Jensen, Konstantin Oldenburger, Stephen Yiu Organizations: Nvidia, Bloomberg Intelligence, Wedbush Global Tech Team, CMC Markets, Deutsche Bank, HSBC, Bloomberg Locations: Asia
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. The market is also taking its cue from Club name Nvidia , but not in the way you would think. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.
Persons: Jim Cramer, We'll, Kent Walker, Walker, we've, Justice Department —, Baird, haven't, Amit Mehta, Mehta, Jim Cramer's, Jim Organizations: CNBC, ., Nvidia, Google, Department of Justice, DOJ, Bloomberg, Justice Department, ISI, Ross Stores, Intuit, Jim Cramer's Charitable Locations: Eaton, Dover
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
Following the trade, Jim Cramer's Charitable Trust will own 750 shares of AVGO, increasing its weighting to about 3.50% from about 3.25%. We're nibbling on Broadcom shares, buying back the second half of the 100 shares we sold in June at a split-adjusted price of $181. Like most chip stocks excluding Nvidia, Broadcom has fallen from its recent highs. Shares of this AI chip designer and software company have pulled back nearly 12% since closing at a high of nearly $186 apiece on Oct. 9. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.
Persons: Jim Cramer's, We're, That's, , Jensen Huang, Blackwell, Jim Cramer, Jim, Michael M Organizations: Broadcom, AVGO, Nvidia, CNBC, Traders, New York Stock Exchange, Santiago, Getty Locations: New York City
The club is partnering with Etihad Airways for the exclusive naming rights to the new venue in Queens, New York, which will officially be called Etihad Park, according to a joint press release. Sims said the new venue opens up lucrative partnership opportunities, and the naming rights agreement is a prominent one. Etihad Park is being built with private funds. Etihad Park isn't the only new addition to Queens. As for why the new stadium name is Etihad Park and not "stadium" or "arena," it's an homage to New York City's iconic green spaces, according to Sims.
Persons: Brad Sims, Sims, Pete Giorgio Organizations: New, New York City, Major League Soccer, Etihad Airways, Etihad, New York City FC, CNBC, Yankee Stadium, Citi Field, MLS, Deloitte, Etihad Park Locations: New York, Queens , New York, Queens
“The Simpsons” is saying goodbye to the voice behind some of its most iconic characters. Pamela Hayden, who voiced Milhouse Van Houten and a slew of other characters, announced she is retiring from the show after 35 years. “The time has come for me to hang up my microphone, but how do I say goodbye to The Simpsons?” Hayden said in a news release. “We named him Milhouse because that was the most unfortunate name a kid could have,” Groening said in a statement. “People come up to me and they quote Milhouse lines,” Hayden said in a video FOX shared Wednesday to commemorate her roles.
Persons: Pamela Hayden, Milhouse Van Houten, ” Hayden, , ” Milhouse, Bart Simpson, Bart, Matt Groening, Richard Milhous Nixon, Milhouse, ” Groening, “ Pamela, He’s, Jimbo Jones, Rod Flanders, Ned Flanders, Lisa Simpson’s, Janey Powell, Malibu Stacy, Hayden Organizations: FOX, Locations: Springfield
Wednesday is Transgender Day of Remembrance, which focuses on trans people who have lost their lives because of violence. What is Transgender Day of Remembrance? Transgender Day of Remembrance is marked every Nov. 20 and began in 1999 to honor Rita Hester, a trans woman who was killed in Massachusetts. International Transgender Day of Visibility, which is designed to bring attention to transgender people, is commemorated in March. Rita Hester is pictured on a poster in Boston for Transgender Day of Remembrance.
Persons: Rita Hester, Jessica Rinaldi, Pauly, Jr, Donald Trump Organizations: Transgender, Williams Institute, UCLA Law, Boston Globe, Getty, Human, Rights, U.S, Supreme Locations: Massachusetts, U.S, Boston, Pennsylvania
LONDON — U.K. inflation picked up sharply to a higher-than-expected 2.3% in October, data from the British Office for National Statistics showed Wednesday. The hike marks a sharp increase from the 1.7% rise recorded in September and exceeds the 2.2% forecast of economists polled by Reuters. The latest print once again brings inflation above the Bank of England's 2% target, potentially dampening the prospects of a final interest rate cut this year. Core inflation, which excludes energy, food, alcohol and tobacco, came in at 3.3% for the month, up slightly from 3.2% in September. The uptick was anticipated in part due to an increase in the regulator-set energy price cap that took effect in October, which is expected to lead to higher energy price inflation over the colder winter months.
Persons: Price Organizations: British Office, National Statistics, Reuters, Bank of England's, Institute of Chartered Accountants Locations: England, Wales
Don't sweat the drop in Palo Alto Networks stock, which came despite a solid beat and raise after Wednesday's closing bell. Bottom line Palo Alto Networks is off to a strong start to its fiscal year 2025. Palo Alto Networks passed through the fiscal first-quarter earnings beat into its full-year fiscal 2025 outlook. NGS ARR includes revenue for Palo Alto Network's Prisma, Cortex, QRadar, and certain cloud-delivered security services. Nikesh Arora, Chairman and CEO of Palo Alto Networks, speaking at the TEC Summit on October 29, 2019 in New York City.
Persons: Platformization, We're, Palo, Nikesh Arora, Arora, Jim Cramer, SASE, billings, Jim Cramer's, Jim, Astrid Stawiarz Organizations: Palo Alto Networks, Palo, LSEG, Palo Alto, Alto Networks, Cisco Systems, cybersecurity, Street, Management, CNBC, TEC Summit Locations: Palo, platformization, Palo Alto, New York City
We're selling 165 shares of Best Buy at roughly $86 each. Following Wednesday's trade, Jim Cramer's Charitable Trust will own 600 shares of BBY, decreasing its weighting to about 1.5% from 1.9%. BBY YTD mountain Best Buy YTD On Wednesday, however, we're selling some Best Buy shares for another reason: discipline. But we have to acknowledge that Best Buy competes with the big three on electronics. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.
Persons: Jim Cramer's, Donald Trump, There's, Jim Cramer, Jim Organizations: Federal Reserve, Walmart, Amazon, Costco —, TJX Companies, CNBC Locations: BBY, Williams, Sonoma
CNN —The reaction from Democrats to Donald Trump’s 2024 victory is, to put it mildly, very much unlike their reaction to his 2016 win. When asked whether Trump’s win was legitimate, about 94% of voters said it was. This includes 64% who agreed that Trump’s win was legitimate and supported his presidency and another 30% who accepted Trump’s victory but indicated that they would oppose his presidency. A third of Clinton supporters in a mid-November 2016 ABC News/Washington Post poll said that Trump’s win was not legitimate. Democrats may have accepted Trump’s win, but he’s likely to upset them greatly during his presidency.
Persons: Donald Trump’s, Biden’s, Trump, Biden, Kamala Harris, – it’s, Hillary Clinton, Barack Obama, Donald Trump, Trump's, Spencer Platt, Clinton, Trump’s, didn’t, George W, Obama’s, delegitimize Obama’s, Obama Organizations: CNN, Reuters, Quinnipiac University, Republicans, Trump, Electoral, GOP, Biden, Getty, ABC, Washington Post, Gallup, CBS Locations: New York
Next month, the Disney Treasure cruise ship will make its maiden voyage from Port Canaveral, Florida, to the Caribbean, officially becoming the sixth ship in the company's lineup. The cruise ship Disney Treasure. A guest room on the Disney Treasure cruise ship. Worlds of Marvel, a restaurant on Disney's cruise ship Treasure that was inspired by the Marvel Cinematic Universe. Jumbeaux's Sweets, inspired by the ice cream parlor in Disney's "Zootopia," is a gelato and sweets shop on Disney's Treasure cruise ship.
Persons: Minnie, hadn't, Thomas Mazloum, Gavin Doyle, Doyle, , Coco, Jumbeaux's Sweets, Jumbeaux's, I've, we've, There's Organizations: Disney, Disney Destiny, Oriental Land Company, Disney Cruise, Disney Disney, Royal, Cruise, de Coco, Mariachi Plaza, Pixar, Marvel, Walt Disney Animation Studios, Steakhouse, Skipper, Skipper Society, Cruise Lines International Association, Disney's Oceaneer, Walt Disney Theatre, Lucasfilm Locations: Port Canaveral , Florida, Caribbean, Japan, Royal Caribbean
His Cabinet picks, including the Treasury secretary, traditionally have to be confirmed by the Senate. “The Treasury secretary has historically played a significant role in advancing the administration’s tax policy priorities,” Akabas said. Next year, Trump’s Treasury secretary will act as the quarterback, executing his economic gameplan. It will also fall to Trump’s Treasury secretary to put out fires in financial markets or in the real economy like the regional bank failures that rocked Wall Street and Washington early last year. Trump’s Treasury pick will also help manage the complicated relationship between the president and Federal Reserve Chairman Jerome Powell.
Persons: Donald Trump’s, Trump, , , Ed Mills, Raymond James, Janet Yellen, Shai Akabas, Steven Mnuchin, ” Akabas, Isaac Boltansky, Jerome Powell, Powell, Mills Organizations: CNN, Quarterbacking, Treasury Department, Department, Treasury, Trump, Senate, Republicans, Capitol, Wall, Washington, Committee, Federal, Fed, Trump White House Locations: Washington, filers
The best Black Friday Tempur-Pedic mattress dealsTempur-Pedic Cloud Mattress (Queen) $1,399.30 $1,999.00 Save 30% The Tempur-Pedic Cloud Mattress features contouring foam that cradles sleepers of all body types and sleeping styles while offering outstanding pressure relief and heat dissipation. View at Tempur-Pedic What we like Check mark icon A check mark. Layers of conforming comfortable and supportive Tempur foam adjust to all sleeping stylesCheck mark icon A check mark. View at Tempur-Pedic What we like Check mark icon A check mark. View at Tempur-Pedic What we like Check mark icon A check mark.
Persons: Pedic Organizations: Business, Shipping Locations: Tempur
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