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For the past year, comparing short-term CD rates vs. long-term CD rates showed that short-term CDs had better rates overall. Even the best long-term CD rates were starting to dip under the 4% mark, going into the 3.90% APY range. For example, Synchrony Bank's best CD rate is the Synchrony 9 Month CD, which offers 4.05% APY. Long-term CD rates are still lower than short-term CD rates overall. If the risk of incurring early withdrawal penalties in a long-term CD is too much, you can open a CD ladder with a long-term CD in it to mitigate that risk.

Persons: Synchrony, we're, Jerome Powell, Donald Trump, Kit Pulliam, They’ve, Kit Organizations: Federal Reserve, America First Credit, Credit Union, Dow Credit Union, Federal, Pulliam, Business, Tax, MSN, Vanderbilt University Locations: America

☆ John Lennon’s letter to Eric Clapton, asking him to form new supergroup, goes up for sale
▼ + stars: | 2024-11-27 | by ( Lianne Kolirin | ) edition.cnn.com time to read: +4 min

CNN —A handwritten letter that John Lennon wrote to Eric Clapton inviting him to be part of a new supergroup is to be offered at auction next month. John Lennon wrote the draft of this eight-page letter to Eric Clapton. The letter hints that Lennon was aware of Clapton’s delicate situation and felt some sympathy with him. International Autograph Auctions Europe, SLHe said he was not pressuring Clapton, but hope that he would seriously consider the idea. Sadly, John Lennon died December 8, 1980 and was never able to see through this idea.”Earlier this year, Christie’s auctioned a host of Boyd’s personal effects, including an anonymous love letter that Clapton sent her in 1970.

Persons: John Lennon, Eric Clapton, Lennon, Clapton, Klaus Voormann, Jim Keltner, Nicky Hopkins, Phil Spector, Yoko Ono, ” Lennon, Yoko, Lennon’s, George Harrison, Pattie Boyd, Harrison’s, —, Cynthia Powell, Ono, ´, Eric —, ”, John, We’re, Christie’s Organizations: CNN, Beatles, SL, Clapton Locations: Bangladesh, Clapton, Russia, China

☆ The world reacts to Donald Trump's latest trade plans
▼ + stars: | 2024-11-27 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +8 min

In today's big story, the world reacts to Donald Trump's latest trade plans , which could be a massive negotiation tactic . Michael M. Santiago/Getty ImagesThe man who dubbed himself a master negotiator is upending the global trade market with his latest tactic. AdvertisementThe world is reacting to President-elect Donald Trump's new trade proposals targeting China, Mexico, and Canada. There's a lot to unpack, so let's break it down:So, Trump finally gave us an update on his tariff plans. He's telegraphed his plans for hammering Chinese imports, but a 25% tax on Canadian and Mexican goods was a shock.

Persons: Donald Trump's, Trump, Michael M, He's, Will, Justin Trudeau, Claudia Sheinbaum's, Jenny Chang, Rodriguez, Goldman, Scott Wren, Wells Fargo's, They've, Elon Musk's, Omead Afshar, Afshar, Prince Williams, Bill Clark, Astrida Valigorsky, Alyssa Powell, Kendrick Lamar, Drake, Dan DeFrancesco, Grace Lett, Ella Hopkins, Hallam Bullock, Amanda Yen, Milan Sehmbi Organizations: Business, Affordable, Canadian, Trump, US, Companies, Getty, JPMorgan, Deutsche Bank, BI, Tesla, North, Spotify, Universal Music, Wall Street Locations: China, Russia, Mexico, Canada, Canada's, East, New York, Chicago, London

☆ Miami, New York, San Jose: The top 10 big U.S. cities where residents spend the most on monthly bills
▼ + stars: | 2024-11-27 | by ( Celia Fernandez | ) www.cnbc.com time to read: +1 min

This week, bill pay service doxo released The Bill Pay Economy™ 2024. In the report, shared exclusively with CNBC Make It, doxoINSIGHTS found that Americans spend close to $3.35 trillion per year on the ten most common household bills. Using data sourced from bill pay activity on the doxo platform, and rent and mortgage numbers from the U.S. Census, they analyzed costs across the 50 largest cities in the country to rank the most — and least — expensive. "The biggest indicator of an expensive place to live is housing," Powell says. "People spend the most on where they live, whether that's mortgage or rent."

Persons: doxo, doxoINSIGHTS, Liz Powell, Powell Organizations: CNBC, Census, Utilities, Cable, Mobile, West Coast Locations: U.S, West, West Coast ., California

☆ Gold plunges 3% as Trump Treasury pick and potential Israel-Hezbollah truce fuel risk-on mood
▼ + stars: | 2024-11-26 | by ( Lee Ying Shan | In Ying-Shan-Lee | ) www.cnbc.com time to read: +4 min

Gold prices lost about 3% after President-elect Donald Trump picked Scott Bessent as his Treasury secretary, with reports of Israel and Hezbollah nearing a ceasefire deal also eroding the safe-haven metal's appeal. A potential Israel-Hezbollah ceasefire agreement and Bessent's appointment were the key contributors to the bullion selloff amid a risk-on sentiment, Shiels added. Higher interest rates tend to erode the appeal of non-interest bearing gold compared to Treasuries — a competing safe-haven asset. Gold prices fell to a two-month low right after Trump's victory before rebounding to the $2,700 levels. Similar to when the Middle East conflict first broke out, gold prices tend to react very sharply initially before correcting over time as economic factors come back into focus, Eckford added, maintaining that gold prices were still set to advance toward $3,000 in 2025.

Persons: Jerome Powell, Donald Trump, Scott Bessent, Nicky Shiels, Danny Danon, Israel, John Kirby, it's, Bessent, Daniel Ghali, Shiels, Ghali, Donald Trump's, Trump, Robert Eckford, Rua Gold, Eckford Organizations: Federal, New York Mercantile, MKS, House, Key, Shanghai Gold Exchange, Federal Reserve, CNBC Locations: Israel, Key U.S, Canada, Mexico, Russian, Ukraine

☆ Trump's proposed tariff increases would boost inflation by nearly 1%, Goldman Sachs estimates
▼ + stars: | 2024-11-26 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: +2 min

The latest tariff proposal from President-elect Donald Trump would likely put upward pressure on inflation in the United States, according to Goldman Sachs. The core PCE, which strips out food and energy prices, is the preferred inflation reading of the Federal Reserve. A tariff-linked increase in core PCE could scramble the calculations around Fed rate cuts. To be sure, it remains to be seen whether the tariffs will actually be implemented at the levels Trump proposed — or what exceptions might be made. Some of Trump's advisors and supporters have characterized the tariffs he proposed during the campaign as a bargaining position rather than a set policy.

Persons: Donald Trump, Goldman Sachs, Trump, Jan Hatzius, Hatzius, Dow Jones, Jerome Powell Organizations: PCE, Federal Reserve, Trump Locations: United States, China, Canada, Mexico, U.S, PCE

☆ ‘The Simpsons’ Milhouse star Pamela Hayden on leaving: ‘It was a tough decision, but the right one’
▼ + stars: | 2024-11-25 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Variety-Live-Blog-Byline-Image.Png | ) www.nbcnews.com time to read: +5 min

I’m no different than them.”Beyond “Jailhouse to Milhouse,” Hayden said she has also co-written the book and lyrics to a musical she has been developing. And I think that’s great. Everything’s coming up Pamela!”As Milhouse, Hayden marveled at what she’s been asked to voice over the years, such as singing the French National Anthem as a six year old boy. And in person, the “Simpsons” stars and producers traveled to Europe together to do live shows in London and in Edinburgh, and perform at comedy festivals in Aspen and Montreal. “The Simpsons” producers plan to audition a new actor to pick up Milhouse and Hayden’s other roles.

Persons: Everything’s, Milhouse, Pamela Hayden, Hayden, they’ve, ” Hayden, Variety, ”, Jimbo Jones, Rod Flanders, Wiggum’s, Sarah, Lisa’s, Janey Powell, “ It’s, “ Hey Arnold, Pinky, I’m, “, “ Everything’s, Prince, ” Milhouse, Bart, Matt Groening, “ Pamela, James L Brooks, Matt Selman, Pamela, Hayden marveled, she’s, Meryl Streep, Keith, Mick weren’t, it’s, “ I’ll Organizations: Sunday Locations: New York, Springfield, Europe, London, Edinburgh, Aspen, Montreal

☆ Glen Powell was the most recent celebrity to get a look-alike contest. The actor raised the stakes by adding a movie cameo to the prize.
▼ + stars: | 2024-11-25 | by ( Eammon Jacobs | ) www.businessinsider.com time to read: +3 min

AdvertisementGlen Powell is the latest Hollywood star to get his own look-alike contest. Powell included a cameo in his next movie as a last-minute addition to the competition's prize. AdvertisementOn November 24, a look-alike contest was held at Auditorium Shores park in Powell's hometown in Austin, Texas, judged by his mother and his aunt. The Chalamet look-alike won $50, which seems to be about the going rate for contest winners, per Vulture's reporting. There was no drama at the Powell look-alike competition, and a man named Max Braunstein won the event while dressed as the actor's character from "Top Gun: Maverick."

Persons: Glen Powell, Powell, Willy Wonka, Paul Mescal, Harry Styles, Dev Patel, Katy Carpenter, couldn't, Edgar Wright, Jeremy Allen, Max Braunstein, Queso Organizations: Fox, Marlboro, BBC, New York Police Department Locations: Austin , Texas, New York, Auditorium Shores, Powell's, Glasgow, Scotland

☆ Celebrity lookalike contests are taking over the internet. But they aren’t new
▼ + stars: | 2024-11-25 | by ( Leah Dolan | ) edition.cnn.com time to read: +9 min

It feels all the more fitting then, that amid today’s geopolitical conflicts, increasing climate catastrophes and economic uncertainties, we’re seemingly hooked on celebrity lookalike contests. But the idea of a lookalike contest is in fact a time-honored form of entertainment. Nine girls in a Fox Films and Daily Telegraph Shirley Temple lookalike contest in Sydney, Australia, October 1934. For the last 40 years, a bar in Key West, Florida has been staging an annual Ernest Hemmingway lookalike competition. Humanity isn’t fixed.”Oscar Journeaux won the Harry Styles lookalike competition on November 9 in London.

Persons: Timothée Chalamet, jostle, YouTuber Anthony Po, Oscar, ” Reed Putman, ”, Paul Mescal, Harry Styles lookalikes, Matthew Chattle, Max Braunstein, Glen Powell, Mikala Compton, Harry Styles, Dev Patel’s doppelgänger, Zayn Malik’s, Jeremy Allen White, White, Carmy, —, White’s, Daily Telegraph Shirley Temple, Charlie Chaplin, Dolly Parton, Shirley Temple, femme, Myrna Loy, Alice Faye, Katharine Hepburn, Ernest Hemmingway, Ellis Cashmore, “, Oscar Journeaux, Leon Neal, Angie Huntley, Jim Wilkes, Cashmore, ” Andy Harmer, David Beckham, Lookalikes, it’s, ” Harmer, Beckham, Victoria Beckham, Andy Harmer, Camilla Shadbolt, David, Fiona Hanson, Denise Ohnona, Kate Moss, Ohnona, Stephane Cardinale, Corbis, Manel Esteller, Harmer, Vetements, “ She’s, You’re, ” Miles Mitchell, Stefan Jeremiah, lookalikes Organizations: CNN, Washington, “, Gaelic Athletic Association, American, Statesman, USA, Marlboro Reds, Fox Films, Daily Telegraph, Mitchell Library, State Library of New, Cleveland Food, Toronto Star, Argentina, University of Barcelona’s School of Medicine, Cell, Paris Fashion Locations: Ireland, London, Austin , Texas, San Francisco, New York, Chicago, “ The, Oakland , California, Sydney, Australia, State Library of New South Wales, Hollywood, Santa Monica, Cleveland, Key West , Florida, British, Toronto, Canada, Victoria, Lancashire

☆ Saquon Barkley’s career night propels Eagles past Rams: Key takeaways
▼ + stars: | 2024-11-25 | by ( The Athletic Nfl Staff | ) www.nytimes.com time to read: +7 min

SAQUON BARKLEY IS UNREAL 💥 This run gives him 255 rushing yards, surpassing his previous single-game rushing high of 189 yards. Barkley’s 70-yard touchdown run on the first play of the second half gave the Eagles a two-score lead the Rams never overcame. His 72-yard touchdown run set the final score. @saquon | #FlyEaglesFly pic.twitter.com/0h0Whzyn49 — Philadelphia Eagles (@Eagles) November 25, 2024Too many mistakes, too much BarkleyIt’s tough for a team to climb out of a hole of its own making, and the Rams dug themselves deep on Sunday night. pic.twitter.com/aJHYbotT2J — Philadelphia Eagles (@Eagles) November 25, 2024Philadelphia’s success is overpowering mistakesSirianni is managing one of the hottest teams in the NFL.

Persons: Jourdan Rodrigue, Brooks Kubena, Zach Powell, Saquon Barkley, Barkley, SAQUON BARKLEY Organizations: Zach Powell Philadelphia Eagles, Los Angeles Rams, Rams, Sunday, Los Angeles, Eagles, OU Locations: Philadelphia, Los, 8 y

☆ How tech bros bought 'America's most pro-crypto Congress ever'
▼ + stars: | 2024-11-23 | by ( Mackenzie Sigalos | ) www.cnbc.com time to read: +12 min

Bernie Moreno, Republican U.S. Senate candidate from Ohio, attends a campaign event in Holland, Ohio, on Saturday, October 26, 2024. In total, crypto-related PACs and other groups tied to the industry reeled in over $245 million, according to Federal Election Commission data. Crypto accounted for nearly half of all corporate dollars that flowed into the election, according to nonprofit watchdog Public Citizen. It was one of the top spending committees of any industry this cycle and exclusively gave to pro-crypto candidates running for Congress. "Welcome to America's most pro-crypto Congress ever," Armstrong wrote on X on Nov. 5.

Persons: Bernie Moreno, Moreno, Sen, Sherrod Brown, Tom Williams, Donald Trump, Coinbase, Crypto, Marc Andreessen, Ben Horowitz, David Sacks, " Moreno, Brian Armstrong, Fred Ehrsam, Faryar Shirzad, Armstrong, Ehrsam, Coinbase's Armstrong, Gary Gensler, Brown, Elizabeth Warren, FTX, Fairshake, gunning, Republican Jim Justice, Democratic Sen, Joe Manchin, Katie Porter, Porter, he'd, Horowitz, Sacks, Coinbase's Shirzad, Moreno wasn't, Shirzad, David McIntosh, McIntosh, hasn't, JD Vance's, Sam Bankman, Gensler, Andreessen Horowitz, Cameron, Tyler Winklevoss, Ripple, Chris Larsen, JD Vance, Paul Grewal, Jesse Powell, Trump, Phil Potter, Multicoin Capital's Kyle Samani, Fred Wilson, Charles Cascarilla, Mike Belshe, Solana, Anatoly Yakovenko, Wences Casares Organizations: Republican U.S, Cq, Inc, Getty, Democratic, Banking Committee, Public Citizen, Crypto, House, Securities and Exchange Commission, SEC, Senate, Committee, Republicans, Protect, Fairshake, Defend, Jobs, Republican, New, CNBC, Andreessen, Craft Ventures, Club for Growth, Growth, Politico, PAC, Labs, Senate Inc, Trump, Union Square Ventures, Xapo Bank Locations: Republican, Ohio, Holland , Ohio, Cleveland, Coinbase, U.S, Arizona, Michigan, West Virginia, California, Washington, FTX, Nashville , Tennessee

President-elect Donald Trump on Friday asked Scott Bessent, a top fundraiser to his campaign, to serve as secretary of the Treasury Department, two sources familiar with the matter confirmed to NBC News. And with Trump proposing aggressive tariffs on imports from countries spanning the globe, the new Treasury Department chief will have to manage relationships with global finance ministers who may choose to retaliate with tariffs of their own. With inflation moderating over the past year, the Powell-led Fed has cut interest rates as part of a bid to stop high borrowing costs from unduly raising unemployment. In Trump’s first term, he tapped banker Steven Mnuchin to lead the Treasury Department. But his tenure at the Treasury Department was more stable than those of other high-level Cabinet posts in Trump’s first term.

Persons: Donald Trump, Scott Bessent, Bessent, Trump, Jerome Powell, “, ” Powell, Powell, Steven Mnuchin, Mnuchin, Trump’s Organizations: Treasury Department, NBC News, Senate, White, Republican, Congress, Federal Reserve, Bloomberg News, Fed, CNBC Locations: Hollywood

☆ Trump expected to nominate Scott Bessent for Treasury secretary
▼ + stars: | 2024-11-22 | by ( Alice Tecotzky | Kelsey Vlamis | ) www.businessinsider.com time to read: +5 min

AdvertisementTrump is preparing to nominate Scott Bessent, a billionaire investor, for Treasury secretary. President-elect Donald Trump is reportedly preparing to nominate Scott Bessent, a Wall Street veteran and campaign ally, for Treasury secretary, one of the biggest Cabinet prizes. AdvertisementBessent, 62, founded and runs the macro hedge fund Key Square Group and emerged as a key economic advisor to Trump on the campaign trail. Known for his interest in niche economic data, Bessent helped draft speeches and write policy proposals for Trump's economic ideas. Dubbed a "Trump whisperer" by Forbes, Bessent has signaled support for some of Trump's key proposals.

Persons: Scott Bessent, Bessent, George Soros, Donald Trump, Trump's, Trump, Al Gore, Soros, James Rogers, hasn't, John Freeman, he's, — Trump, Jerome Powell's Organizations: Trump, Wall Street, Group, GOP, Democratic, Street Journal, Yale, Soros Fund Management, Republican, Soros, Mar, Forbes, CNBC, Federal Locations: South Carolina, New York City, Charleston , South Carolina, Southampton , New York

☆ Lindsay Lohan said she told Disney's CEO she deserved 2 paychecks for playing twins in 'The Parent Trap'
▼ + stars: | 2024-11-22 | by ( Eammon Jacobs | ) www.businessinsider.com time to read: +3 min

AdvertisementLindsay Lohan recalled a 1998 conversation about "The Parent Trap" with Michael Eisner when he was Disney's CEO. "The Parent Trap" made six times its budget of $15 million at the box office. Lindsay Lohan said she told Michael Eisner, the former Disney CEO, that he should've paid her twice for playing the Parker twins in "The Parent Trap." Lohan hasn't publicly disclosed how much she was paid for her dual roles in "The Parent Trap," leaving it unclear how much her quippy request represented. AdvertisementElsewhere in the interview with Cohen, Lohan also said she would only be open to a reboot of "The Parent Trap" if its director and co-writer Nancy Meyers were involved.

Persons: Lindsay Lohan, Michael Eisner, didn't, should've, Parker, Lohan, Hallie, Annie Parker, Andy Cohen, Eisner, Lohan hasn't, underpaid, Cate Blanchett, Andy Cohen's, Glen Powell, It's, Jamie Lee Curtis, Cohen, Nancy Meyers Organizations: Disney, Office Locations: Nancy

☆ Trump might name Kevin Warsh as Treasury chief then Fed chair later, report says
▼ + stars: | 2024-11-22 | by ( Jeff Cox | ) www.cnbc.com time to read: +1 min

President-elect Donald Trump is considering naming Kevin Warsh as Treasury secretary then ultimately sending him off to serve as Federal Reserve chair, according to a Wall Street Journal report. The speculation comes with Treasury being the last major Cabinet position for which Trump has yet to state his intention. Among the potential scenarios would be one where Bessent would lead the National Economic Council initially then go over to Treasury after Warsh takes over at the Fed. However, Trump is known for the propensity to change his mind, and the report noted that nothing has been finalized. Read the full Wall Street Journal story here.

Persons: Donald Trump, Kevin Warsh, Warsh, Jerome Powell's, Trump, Marc Rowan, Scott Bessent Organizations: Wall, Fed, Treasury, Apollo Global Management, National Economic Council

☆ Donald Trump chooses hedge fund executive Scott Bessent for Treasury secretary
▼ + stars: | 2024-11-22 | by ( Jeff Cox | ) www.cnbc.com time to read: +4 min

President-elect Donald Trump signaled Friday his intention to nominate hedge fund executive Scott Bessent as his Treasury secretary, in a move that puts a seasoned market pro and a close Trump loyalist in a critical economic position. As head of Treasury, Bessent, 62, will be both the U.S. fiscal watchdog as well as a key official to help Trump enact his ambitious economic agenda. Like Trump, Bessent favors gradual tariffs and deregulation to push American business and control inflation. The Treasury secretary is the lynchpin for the White House economic agenda. Others close to the president-elect think Bessent has not been rigorous enough in his support for tariffs, though Warsh also has made public statements against the levies.

Persons: Scott Bessent, Donald Trump, Kevin Warsh, Marc Rowan, Trump, Bessent, George Soros, Soros, Jerome Powell's, Warsh, Janet Yellen, Elon Musk, Cantor Fitzgerald, Howard Lutnick Organizations: Key, Trump, Group, Treasury, Wall, World's, Investors, Yale University, Rockefeller University, Preservation, Wall Street, Federal Reserve, Federal, National Economic Council, White Locations: Washington , DC, U.S, Bessent

CNN —President-elect Donald Trump’s Treasury secretary pick stands in stark contrast to some of the more controversial and questionable Cabinet picks he’s announced so far. In many respects, the Treasury secretary is the quarterback of the economy. Wall Street was unfazed by the selection. One of the Treasury secretary’s jobs is to help keep Wall Street calm and confident during times of economic or market turmoil. The Treasury secretary works closely with both the central bank and the White House.

Persons: Donald Trump’s, he’s, Scott Bessent, “ Scott Bessent, ”, Glock, “, Trump, Matt Gaetz, Robert F, Kennedy, Jr, MAGA, ” Glock, Bessent, Elon Musk, Cantor Fitzgerald, Howard Lutnick, Musk, Lutnick, –, Isaac Boltansky, “ Scott, I’ve, Kyle Bass, Xi Jinping, Jerome Powell Organizations: CNN, Manhattan Institute, Trump loyalists, Treasury, Soros Fund Management, Fox News, Trump, Commerce, Street, Hayman Capital Management, Dow Jones, White Locations: Bessent, China, Argentina

☆ Dollar hugs 13-month peak as market awaits next Fed cue
▼ + stars: | 2024-11-22 | by ( ) www.cnbc.com time to read: +4 min

Global PMIs are due later in the day, although those figures should not "change the dial too much," said Tony Sycamore, market analyst at IG. Recent comments from Fed officials, including Chair Jerome Powell, have indicated the central bank may take a slower course in its rate cut path. Among Trump policies on weighing on investors' minds were the president-elect's campaign pledges of tariffs, with Europe and China both likely in the firing line. The euro , which makes up a hefty portion of the dollar index, steadied at $1.0475 after falling to a 13-month low of $1.0461 on Thursday. The dollar was last down 0.17% on the day at 154.27 yen.

Persons: Tony Sycamore, It's, it's, Sycamore, Donald Trump's, Jerome Powell, CME's, Trump, Sterling, Bitcoin, Marcel Thieliant, Kazuo Ueda Organizations: The U.S, greenback, Bank of Japan's, Global, IG, U.S, PCE, Trump, Capital Economics Locations: Rio de Janeiro, Brazil, The, Europe, China, Russia, Ukraine, Germany, Asia

☆ Trump and Fed Chair Powell could be set on a collision course over interest rates
▼ + stars: | 2024-11-21 | by ( Jeff Cox | ) www.cnbc.com time to read: +2 min

President-elect Donald Trump and Federal Reserve Chair Jerome Powell could be on a policy collision course in 2025 depending on how economic circumstances play out. That in turn could infuriate Trump, who lashed Fed officials including Powell during his first term in office for not relaxing monetary policy quickly enough. Though Powell became Fed chair in 2018, after Trump nominated him for the position, the two clashed often about the direction of interest rates. Should the results start to show up in the data, the Powell Fed may be tempted to hold tougher on monetary policy against inflation. "They're going to look at a very nontraditional approach to policy that Trump is bringing forward but put it through a very traditional economic lens," he said.

Persons: Jerome Powell, Donald Trump, Powell, infuriate Trump, Joseph LaVorgna, Trump Organizations: White, Washington , D.C, Federal, National Economic Council, Trump, Fed, Nikko Securities Locations: Rose, Washington ,, Trump's, Nikko

“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

☆ 3 urgent tasks awaiting Trump’s pick for Treasury secretary
▼ + stars: | 2024-11-20 | by ( Tami Luhby | Matt Egan | ) edition.cnn.com time to read: +7 min

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

☆ Dollar sags to one-week low after safety bid, 'Trump trade' momentum wanes
▼ + stars: | 2024-11-20 | by ( ) www.cnbc.com time to read: +3 min

Bitcoin pushed to a fresh all-time peak above $94,000, carried by expectations for a friendlier regulator environment for cryptocurrencies under Trump. "The 'Trump Trade' that boosted the greenback is facing challenges from Trump's controversial cabinet nominations and the escalation in the Russian-Ukraine war," DBS strategists wrote in a client note. Traders continue to pare back expectations for an interest-rate cut at the Fed's next meeting in December. The dollar added 0.9% to 154.84 yen after falling sharply to 153.28 on Tuesday following the Russia news. The euro held steady at $1.0598 , having recovered from a drop to $1.0524 in the previous session.

Persons: Donald Trump's, Bitcoin, Trump, Howard Lutnick, Trump's, pare, CME's, Jerome Powell Organizations: U.S, Moscow, Trump, Treasury, Wall Street, Commerce Department, Trump Trade, DBS, Traders, Financial Times Locations: Russian, Ukraine, Russia

☆ Stocks making the biggest moves premarket: Target, Dolby Labs, Nio, Netflix and more
▼ + stars: | 2024-11-20 | by ( Sean Conlon | ) www.cnbc.com time to read: +3 min

Target – Shares plunged more than 17% after the Minneapolis-based retailer missed third-quarter earnings and revenue estimates and slashed its full-year guidance, just three months after raising that forecast. Delta Air Lines – The Atanta-based carrier fell more than 1% after reiterating its outlook for the fourth quarter . Nio – U.S. shares fell more than 2% after the Chinese electric vehicle maker posted lower-than-expected revenue for the third quarter. Dolby earned 61 cents per share in its fiscal fourth quarter, above analysts' estimated 45 cents per share, according to FactSet. Powell Industries – Shares of the electrical equipment company fell 13% after new orders in the fiscal fourth quarter fell to $267 million from $356 million in the third quarter.

Persons: NBCUniversal, Brian Roberts, Goldman Sachs, Morgan Stanley, Nio, Dolby, Robinhood, Needham, Keysight, Piper Sandler, Mike Tyson, Jake Paul, —, Alex Harring, Jesse Pound, Pia Singh, Sarah Min Organizations: –, Comcast, CNBC, MSNBC, Delta Air Lines, Delta, FactSet, Dolby, Technologies, Powell, BDO, Nasdaq, Netflix Locations: Minneapolis, Nio –

☆ Markets think the odds of a Fed pause in December are rising
▼ + stars: | 2024-11-20 | by ( Kelly Cloonan | ) www.businessinsider.com time to read: +3 min

AdvertisementTraders see a 45% chance the Fed pauses rate cuts in December, up from 17% last week. The rising odds come as markets digest a win for Trump, whose policies could complicate the Fed's plans. After two consecutive interest rate cuts, markets think the Federal Reserve might be ready to hit pause. AdvertisementThe rising odds come as markets continue to digest a win for Donald Trump, and as Fed officials have sounded cautious on the path of future policy easing in recent remarks. AdvertisementThe rising odds of a pause also come as Fed speakers this week have struck a cautious tone.

Persons: Donald Trump, Joseph Stiglitz, David Kelly, Jerome Powell, he'd, Trump, JPMorgan's Kelly, They're, Kelly, Michelle Bowman, Lisa Cook, Cook, Powell Organizations: Trump, Reserve, JPMorgan, Fed, Federal, University of Virginia Locations: West Palm Beach , Florida, Charlottesville, Dallas

☆ Biden administration is trying to throw a Hail Mary to save the Colorado River before Trump takes over
▼ + stars: | 2024-11-20 | by ( Ella Nilsen | ) edition.cnn.com time to read: +5 min

Colorado River water flowing through an aqueduct next to a dry alfalfa field in September. Bike riders pedal past a section of the Colorado River east of Glenwood Springs, Colorado, in September. “We will try to make as much progress as we can in the days that remain in the Biden administration,” he said. There are also unknowns in the incoming Trump administration. The Biden administration “can start that process, and it will be Trump to finish it,” the stakeholder representative said.

Persons: CNN —, Biden, Donald Trump, It’s, Mary, Joe Biden’s, Allen J, ”, Tom Buschatzke, “, Powell, Ali Zaidi, J, Trump, Doug Burgum Organizations: CNN, West, UCLA, Los Angeles Times, Interior Department’s, Reclamation, North Dakota Gov, of Reclamation, –, Trump Locations: Colorado, New Mexico , Utah, Wyoming, Arizona , California, Nevada, Mead, Hoover, Glenwood Springs , Colorado, Denver

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