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Funding expires at the end of Friday, when the House and Senate are hoping to adjourn for the Christmas, Hanukkah and New Year holidays. And the Democratic-run Senate would need unanimous agreement to skip procedural hurdles and pass it in time. The legislation would throw a messy new shutdown deadline into President-elect Donald Trump’s first 100 days in office. Government funding is subject to the Senate’s 60-vote threshold, so they would still need Democratic support to pass it. For that reason, some Republicans preferred to finish the job earlier and take the current fiscal year’s funding task off Trump’s plate.

Persons: Milton, Joe Biden, Robert F, Donald Trump’s, There’s, Mike Johnson, imperiling, Johnson, Sen, Susan Collins, ”, Rosa DeLauro Organizations: WASHINGTON, Department of Homeland Security, Kennedy, Washington , D.C, Lawmakers, Republican, Democratic, Republicans, White, Senate, GOP House Locations: North Carolina, Florida, Washington ,, Maine, Connecticut

A 15-year-old female student is named as the suspect in a Wisconsin school shooting that left three dead. Authorities try to tamp down on worries over drone sightings. Teacher and teen student killed in Wisconsin school shootingA 15-year-old female was identified as shooter of a teacher and one of her fellow students at Abundant Life Christian School in Wisconsin. Staff Pick: Seeking change from within in ‘Squid Game’ season 2Lee Jung-jae in Squid Game season two. “‘Squid Game’ really talks about justice and how to bring people together.

Persons: ”, Shon Barnes, Barnes, Banes, —, Natalie Rupnow, Samantha, they’re, Moscow Igor Kirillov, Igor Kirillov, Kirillov, Donald Trump, Read, Biden, ” Trump, Chuck Schumer, Kristian Brost, Karen Wandel, Libero Marinelli, Will Crooks, Marinelli’s, Robert F, Kennedy, Trump’s, Mitch McConnell, TikTok, Gerry Connolly, Alexandria Ocasio, Cortez, Hannah Kobayashi, Jay, Sean “ Diddy ” Combs, Cyclone Chido, Lee Jung, jae, Seong Gi, ” Lee, — Kayla Hayempour, Elizabeth Robinson Organizations: Authorities, Christian School, ” Madison Police, Madison police, Police, AFP, Getty, Chemical Defense Forces, The Security Service of Ukraine, Associated Press, FBI, Department of Homeland Security, Federal Aviation Administration, Defense Department, Homeland Security Department, Radar Systems, NBC, Army, RFK Jr, D.C, Virginia, Democratic, Netflix, NBC News, Amazon Locations: Wisconsin, downtown Madison, Moscow, New Jersey, Bedminster, ”, New York, Netherlands, South Carolina, Cornelius, N.C, York, U.S, Rep, Alexandria, Paris, United States, Mayotte, Africa

☆ The Fed is likely to cut rates, but some worry it may not be the right move, CNBC survey found
▼ + stars: | 2024-12-17 | by ( Steve Liesman | ) www.cnbc.com time to read: +3 min

Annabelle Gordon | ReutersRespondents to the CNBC Fed Survey for December are sure the Federal Reserve will cut rates on Wednesday, but they are less sure whether it should. Amid forecasts for somewhat higher inflation and lower unemployment than in the prior survey, 93% see a quarter-point cut coming. "I can't remember being this uncertain about the inflation outlook," said economist Robert Fry. They are divided on the growth effects, with 41% seeing the policies as "somewhat positive" for growth and 41% viewing them as "somewhat negative." Several survey participants wrote in "tariffs" specifically as a top threat.

Persons: Jerome Powell, Annabelle Gordon, Trump, Troy Ludtka, Joseph LaVorgna, Donald Trump's, Robert Fry, Joel Naroff, Stocks Organizations: Federal, Committee, CNBC Fed Survey, Federal Reserve, SMBC Nikko Securities Locations: Washington , U.S, U.S, Mexico, Canada, China

☆ Many Trump voters still have doubts about him. Can he hold them?
▼ + stars: | 2024-12-17 | by ( Ronald Brownstein | ) edition.cnn.com time to read: +18 min

In the exit polls, about 1 in 8 voters who described Trump as “too extreme” still voted for him. Likewise, in the VoteCast survey, Trump won 1 in 6 voters who expressed concern that he would steer the country in an authoritarian direction. Trump won almost exactly the same share of voters who said in the VoteCast survey that he lacks the moral character to serve as president. Even among the voter groups most directly affected by these policies, Trump won substantial support from people who disagreed with him. In either case, the result was that Trump won far too many voters who supported legal abortion for Harris to prevail.

Persons: Donald Trump’s, Trump, Joe Biden’s, Kamala Harris, White, ”, Jim McLaughlin, –, Paul Ryan, Mitch McConnell, people’s, Jenifer Fernandez Ancona, VoteCast, Luis Andres Henao, Molly Murphy, Harris, “, ” Murphy, Harris didn’t, Biden, Roe, Wade . McLaughlin, ” McLaughlin, Donald Trump, Trump’s, Fernandez Ancona, ‘, ’ ” Murphy, Murphy, he’s, ” Whit Ayres, Republican pollster, Robert F, Kennedy Jr, Kash Patel, Ayres, Joe Biden, Saul Loeb, Biden’s, Kennedy, McLaughlin, It’s Organizations: CNN, Edison Research, AP, University of Chicago, Trump, GOP, Democratic, Republican, White, Senate, Business, Democratic gubernatorial, Republicans, ’, Biden, Democrats, Department of Health, Human Services, FBI, US Senators, Capitol, Getty, Republicans Trump, “ Locations: Mar, Reading , Pennsylvania, Trump, Florida, Texas, Michigan, Pennsylvania, Wisconsin, Arizona, ”, Washington ,

☆ RFK Jr. takes his turn in the spotlight: From the Politics Desk
▼ + stars: | 2024-12-16 | by ( The Politics Desk | ) www.nbcnews.com time to read: +11 min

In today’s edition, Robert F. Kennedy begins meeting with senators in Washington, while Donald Trump holds his first post-election news conference. “Obviously, HHS under the first Trump administration was very clear on the issue of abortion conscience protections and all those things. On the reported sightings of drones over New Jersey and New York, Trump said, “The government knows what is happening.” He declined to say whether he had received an intelligence briefing about it. In 2000, Al Gore got oh-so-close to winning the White House when Bill Clinton’s approval rating was at 57%. Read more →That’s all from the Politics Desk for now.

Persons: Robert F, Kennedy, Donald Trump, Kamala Harris, Kate Santaliz, Sahil Kapur, Brennan Leach Robert F, Kennedy Jr, Donald Trump’s, John Thune, John Barrasso, Mike Crapo, Kennedy’s, Sen, Rick Scott, ”, “, ” Scott, Lisa Murkowski, Thom Tillis, Rand Paul, Mitch McConnell, McConnell, ” McConnell, Katie Miller, Trump, ” Sen, James Lankford, Joe, ” Lankford, Rebecca Shabad, Rob Wile President, Tim Cook, Sundar Pichai, Sergey Brin, Jeff Bezos, Masayoshi, Eric Adams, Brian Thompson, Read, Mark Murray, Harris, Joe Biden’s, Biden, George H.W, George H.W . Bush, Bush, Ronald Reagan’s, Al Gore, Bill Clinton’s, Hubert Humphrey’s, Lyndon Johnson’s, Humphrey, Richard Nixon, Humphrey —, 🗞️, remo, e work, Rea, viv e d a high, Hou Organizations: NBC, White House, Capitol, RFK Jr, Health, Human Services, Education, Labor, Pensions, New York Times, FDA, HHS, Trump, Apple, Amazon, New, New York City, ’, White, ics Locations: Washington, Idaho, Alaska, Ky, New York, New Jersey, George H.W ., Afghanistan, Poli

WASHINGTON — Robert F. Kennedy Jr., President-elect Donald Trump’s pick to be Health and Human Services Secretary, plans to meet with over two dozen Republican senators on the Hill this week, according to a source familiar with his plans. The meetings are expected to begin on Monday and will continue through the week. Kennedy is immensely prepared to meet with over 2 dozen Senators this week. “The polio vaccine has saved millions of lives and held out the promise of eradicating a terrible disease,” McConnell said in a statement. “Obviously, HHS under the first Trump administration was very clear on the issue of abortion conscience protections and all those things.

Persons: WASHINGTON, Robert F, Kennedy Jr, Donald Trump’s, John Thune, John Barrasso, Mike Crapo, Kennedy’s, Kennedy, Mr, Trump’s, Sen, Lisa Murkowski, Thom Tillis, Rand Paul, Trump, Mitch McConnell, McConnell, ” McConnell, Katie Miller, ” Sen, James Lankford, ”, Joe, ” Lankford Organizations: Health, Human Services, NBC News, Education, Labor, Pensions, Republicans, New York Times, FDA, NBC, HHS Locations: Idaho, Alaska, Ky

☆ Family offices face hidden risks in making direct investments
▼ + stars: | 2024-12-16 | by ( Robert Frank | ) www.cnbc.com time to read: +4 min

Family offices making direct investments in private companies may be taking on more risk than they realize, according to a new survey. According to the survey, only half of family offices making direct private investments have private equity professionals on staff who are trained to structure and identify the best private deals. Yet when vying for investments in private companies, family offices often stress that they don't need a fast exit like private equity firms. Nearly a third of family offices surveyed said their time horizon for direct deals is only between three and five years. When making a decision on a company to invest in, family offices emphasize the management team and leadership over the product.

Persons: Robert Frank, Raphael, Raffi, Amit, They're Organizations: Family, The Wharton School, Wharton, Family Alliance, Direct, Bastiat Partners, Kharis

Sen. Thom Tillis, R-N.C., on Sunday blasted those who have promised to fund primary challenges against Republican Senators who oppose President-elect Donald Trump's cabinet picks, calling them "political opportunists." "Here’s what I would tell them: if they really support President Trump’s nominees they should stand down and let the nominees win on their own merits, and I think most of them will." Tech billionaire Elon Musk spent more than $250 million in support of Trump's re-election bid. If you vote against any of Trump’s nominees a primary challenge wouldn’t be hard," Kirk wrote in a post on X. Tillis on Sunday downplayed the hesitation of some GOP senators who haven't publically supported each of Trump's nominees yet, including Patel and Hegseth.

Persons: Sen, Thom Tillis, Donald Trump's, Tillis, ”, doesn't, Trump’s, Elon Musk, Trump's, Tulsi Gabbard, Trump, Robert F, Kennedy Jr, Allison Robbert, Musk, Charlie Kirk, Mike Rounds, Kash Patel, Rounds, Kirk, Joni Ernst, Pete Hegseth's, Ernst, Lindsey Graham, Lindsay Graham, Pete Hegseth, Ryan Walker, Graham, Kristen Welker, " Tillis, haven't, Patel, “ Kash Patel, ” Tillis, you’re, ” Spokespeople Organizations: Sunday, Republican, Fox News, Republican Party, Trump, Democratic, National Intelligence, Department of Health, Human Services, Tech, Republicans, FBI, Defense Department . Grassroots, Heritage, North Carolina Republican, NBC, Press, GOP Locations: Iowa, Alaska , Maine , Louisiana , Iowa, North Carolina , Kentucky , Indiana , Utah, South Dakota, Trump

☆ Meet the Press – December 15, 2024
▼ + stars: | 2024-12-15 | by ( ) www.nbcnews.com time to read: +53 min

SEN. LINDSEY GRAHAM:Yeah, I'm in a good place with Pete, unless something I don't know about comes out. Unless somebody is willing to come forward, I think he's going to get through. If he's, if he’s called to do something, he's going to do it, all the way. So I – I think he's going to have a hard time doing this. He was very clear, “no,” when I asked him should President-elect Trump, his administration, jail the January 6th committee members.

Persons: KRISTEN WELKER, Chris Wray, he’ll, Donald Trump's, Kash Patel, KASH PATEL, SEN, LINDSEY GRAHAM, AMY KLOBUCHAR, Biden, ANITA DUNN, Lindsey Graham of, Bernie Sanders, Bashar al, Assad, there’s, Austin Tice, PRES, JOE BIDEN, Debra Tice, Ryan Nobles, Amna Nawaz, Ashley Etienne, Harris, Peggy Noonan, It’s, Kristen Welker, Trump's, Trump, Pete Hegseth, Tulsi Gabbard, Hegseth, Joni Ernst, PETE HEGSETH, THOM TILLIS, LISA MURKOWSKI, Hunter Biden, Anita Dunn, Christopher Wray, CHRISTOPHER WRAY, I’d, FBI Hoover, Patel, Graham, SEN.LINDSEY GRAHAM, Bashar Al Assad, “, King, Jordan, Pete, ‘, Kavanaugh, Justice Kavanaugh, we're, I've, He's, We’ll, he's, Lisa Murkowski, Thom Tillis, Donald Trump, LINDSEY GRAHAM Well, J, Edgar Hoover, Comey, – SEN, –, you've, Stephen Miller, President Trump, Merry, Sanders, Press . SEN, BERNIE SANDERS, It's, ? SEN, Kristen, Lindsey Graham, Biden's, Hunter, DAVID MUIR, Will, Kristen –, Putin, Brian Thompson, Elizabeth Warren, ELIZABETH WARREN, Warren, ”, Elizabeth –, There's, Am, Yep, ” KRISTEN WELKER, We're, We'll, Austin's, Tice, DEBRA TICE, Austin, NBC News's Richard Engel, Sahar, Richard, we’re, They've, they're, we've, Richard Engel, Travis Timmerman, it's Austin, it's, Travis, let's, he’s, Kristine, Bill Clinton, Roger, Joe Lieberman, JOE LIEBERMAN, there's, TIM, You'll, Kamala Harris, ” Peggy, Ryan, RYAN, Matt Gaetz, Robert F, Kennedy Jr, Amna, – AMNA NAWAZ, AMNA NAWAZ, Wray, Peggy, PEGGY NOONAN, sparky, Ashley, ASHLEY ETIENNE, Tulsi Gabbard's, I'm, Joe Biden, Gaetz, – KRISTEN WELKER, – there's Organizations: FBI, Trump, White, Vermont, NBC, Capitol Hill, PBS, Wall Street, Press, Capitol, Army - Navy, Fox News, Iowa, Senate, Republican, TRUMP, ISIS, Defense, intel, United States Senate, Press ., Justice Department, ?, Biden, FDR, RFK Jr, State Department, Austin, U.S, Hostage, NBC News, Wall Street Journal, America, Republican Party, Department of Health, Human Services, RFK, Bureau, Democrats Locations: Lindsey Graham of South Carolina, Syria, Washington, U.S, America, Europe, Saudi Arabia, UAE, Israel, United States, Turkey, Afghanistan, Russia, Russian, Vermont, New Jersey, East Coast, American, Damascus, Austin, Lebanon, –

He became the paper’s primary photojournalist in 1964, when Greenwich Village was the epicenter of the artistic and cultural community — and arguably the unofficial headquarters of the country’s nascent gay rights movement. “He was always tuned in to what was happening in the Village, but then that expanded to all of New York,” Kushner said. Marsha P. Johnson at the fourth annual Christopher Street Liberation Day march in New York on June 24, 1973. McDarrah was also always around the Greenwich Village neighborhood, which helped. “He used to take his kids to the Factory, to Andy Warhol’s Factory, and they’d babysit for him,” Kushner added.

Persons: ”, Marilyn Satin Kushner, ” Kushner, “, McDarrah, Julius ’, York City’s, Marsha P, Johnson, Fred W, Allen Ginsberg, he’s, ” Ginsberg, Andy Warhol, Candy Darling, James Baldwin, Susan Sontag, Andy Warhol’s, they’d babysit, Robert F, Kennedy, Bob Dylan, Donald Trump, He’s, Ginsberg, Jack Kerouac, William S, Burroughs, Gloria, McDarrah —, Kushner Organizations: York, Village, Christopher, Greenwich Village, Stonewall, Washington, New York University Locations: United States, Brooklyn, Greenwich, New York, Stonewall, Vietnam

☆ Trump dares Republicans to challenge his playbook on RFK Jr., Gabbard and Patel
▼ + stars: | 2024-12-15 | by ( Stephen Collinson | ) edition.cnn.com time to read: +13 min

There was, however, no sighting of Robert F. Kennedy Jr., Trump’s pick to run the Health and Human Services Department. Will Trump deploy the Hegseth playbook on Gabbard, Patel and Kennedy? Outgoing Senate Republican leader Mitch McConnell warned Friday that anyone seeking Senate confirmation should avoid “appearance of association with” efforts to discredit proven medical cures. President Trump ran on disrupting permanent Washington and having people who are going to view things differently,” he added. Graham, meanwhile, signaled support for Patel, despite the former Capitol Hill staffer’s past vows to purge the FBI and to go after Trump’s political opponents and journalists.

Persons: CNN —, Donald Trump, Pete Hegseth, —, JD Vance, Mike Johnson, John Thune, Trump, Tulsi Gabbard, Jack Kent Cooke, Vance, MAGA, Robert F, Kennedy Jr, Johnson, Joe Biden, Matt Gaetz, Hegseth, Kash Patel, “ Donald Trump, ”, Sen, Mitt Romney, CNN’s Jake Tapper, Romney, Romney –, – won’t, Will Trump, Patel, Kennedy, Joni Ernst, Jason Miller, Newsmax, South Carolina Republican Sen, Lindsey Graham, Graham, Tim Parlatore, CNN’s Kaitlan Collins, Mitch McConnell, Aaron Siri, Siri, “, Mehmet Oz, Trump Kennedy, Gabbard, Missouri GOP Sen, Eric Schmitt, ” Graham, Trump . California Democratic Sen, Adam Schiff, ” Schiff, Bashar al, Assad, Trump’s Organizations: CNN, Army, . Navy, Pentagon, America, Fox News, Trump, Redskins, RFK, Elon, Human Services Department, Trump Cabinet, SpaceX, Gabbard, FBI, “, Utah Republican, Washington, GOP, Senate, South Carolina Republican, Press, ” CNN, Republican, Republicans, New York Times, US Food and Drug Administration, NBC, HHS, Medicare, Medicaid Services, Capitol, Missouri GOP, ABC, Trump . California Democratic, Democrats Locations: Russia, Syria, Washington, Mexico, Canada, Paris, “ State, Utah, Hegseth, Iraq, Afghanistan, Kentucky, United States, Trump, Ukraine, Syrian, Landover , Maryland

Police arrested Luigi Mangione, who now faces a murder charge for the killing. Mangione has hired prominent New York lawyer Karen Friedman Agnifilo to defend him. Luigi Mangione, the man police say murdered UnitedHealthcare CEO Brian Thompson, has hired high-profile attorney Karen Friedman Agnifilo to defend him. AdvertisementAn internal NYPD report obtained by The New York Times gave the clearest view of the potential motive yet. In a statement to Business Insider, representatives for Nino Mangione — a Maryland state legislator and a cousin of Mangione's — declined to comment on the news of Mangione's arrest.

Persons: Brian Thompson, Luigi Mangione, Mangione, Karen Friedman Agnifilo, Agnifilo Intrater, Friedman Agnifilo, Thompson, Thomas Dickey, Dickey, Jessica Tisch, Tisch, Nino Mangione —, Mangione's —, Joseph Kenny, Kenny, Peter Weeks, Brian Thompson's, DCPI, Tim Urban, Jonathan Haidt, Michael Pollan, Robert F, Kennedy Jr, Joe Biden, Donald Trump, AppRoar, Manigone Organizations: . Police, New, Agnifilo, Business, Manhattan, Attorney's, Ivy League, Courthouse, Police, Correctional Institution, CNN, New York Police, The New York Times, NYPD, Times, department's Intelligence, Counterterrorism Bureau, Altoona, Tisch, NBC News, Mangione, Associated Press, AppRoar Studios, YouTube, The New, Hilton, FBI, UnitedHealth Group Locations: Manhattan, New York, Texas, Minnesota, New York City, Pennsylvania's Blair, Altoona , Pennsylvania, Pennsylvania's Huntingdon, Pennsylvania, Maryland, Altoona, Jersey, America, Blair, San Francisco , California, Honolulu , Hawaii, The, The New York, Hawaii, UnitedHealthcare

☆ When campaign politics and Cabinet confirmation fights collide: From the Politics Desk
▼ + stars: | 2024-12-13 | by ( The Politics Desk | ) www.nbcnews.com time to read: +11 min

Welcome to the online version of From the Politics Desk, an evening newsletter that brings you the NBC News Politics team’s latest reporting and analysis from the White House, Capitol Hill and the campaign trail. Plus, "Meet the Press" moderator Kristen Welker breaks down a few of the below-the-radar answers Donald Trump gave during their interview. “Donald Trump is king of the Republican Party; he conquered it, and he earned it,” Deace told NBC News. “A lot of this is driven by gaslighting and attention-seeking — what can we say today to get more clicks? Read more →President JoeBiden is on track to have appointed more federal judges of color than any of his predecessors.

Persons: Alex Tabet, Bridget Bowman, Ben Kamisar, Sen, Joni Ernst, Pete Hegseth's, Kristen Welker, Donald Trump, Joni Ernst’s, Pete Hegseth’s, Ben Kamisar Iowa Republican Sen, Donald Trump’s, Pete Hegseth, Ernst, She’s, President Trump, ”, Bob Vander Plaats, Steve Deace, “ Donald Trump, ” Deace, won’t, ” Trump, Charlie Kirk, Will Rogers, “ Charlie Kirk didn’t, ” Rogers, →, Trump, I’ll, ‘, don’t, Lara, Michael [ Whatley, I’m, “ I’m, he’d, Bernie Sanders, Lindsey Graham, Tim, Dru, e, Neely Organizations: NBC, White House, Capitol, Ben Kamisar Iowa Republican, Republicans, GOP, Trump, Republican, Republican Party, NBC News, → Trump, U.S . Capitol, Press, Republican National Committee Locations: Iowa, Ben Kamisar Iowa, U.S, Polk County, TikTok, California

☆ McConnell defends polio vaccine after revelation that RFK Jr. advisor sought to revoke approval of the inoculation
▼ + stars: | 2024-12-13 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Ryan_Noble.Jpg | Ryan Nobles | ) www.nbcnews.com time to read: +3 min

WASHINGTON — Senate Minority Leader Mitch McConnell, R-Ky., a polio survivor, responded critically to a report in The New York Times that a key lawyer and longtime advisor to Robert F. Kennedy Jr. once petitioned the Food and Drug Administration to revoke the approval of the polio vaccine. “The polio vaccine has saved millions of lives and held out the promise of eradicating a terrible disease,” said McConnell in a statement to NBC News. According to the report in The New York Times, Aaron Siri is currently an advisor to Kennedy, who is working to identify candidates to serve in federal health positions. A Kennedy spokeswoman confirmed to The New York Times that Siri is advising Kennedy, but that the two men had not discussed his application to revoke approval of the polio vaccine. In his statement, McConnell makes it clear he will fight to protect access to the polio vaccine.

Persons: Mitch McConnell, Robert F, Kennedy Jr, Kennedy, Donald Trump’s, McConnell, ”, Aaron Siri, Siri, I’m, ” McConnell Organizations: The New York Times, Food and Drug Administration, Department of Health, Human Services, NBC News, Network, HHS, Capitol, Republican Locations: WASHINGTON, Ky, The, Capitol Hill

☆ The specter of RFK Jr. has investors fretting about a onetime vaccine wunderkind
▼ + stars: | 2024-12-13 | by ( Allison Morrow | ) edition.cnn.com time to read: +3 min

The early winners won big — especially the WFH plays like Zoom and Peloton, and, of course, vaccine makers like Pfizer and Moderna. When Moderna’s stock price peaked in August of 2021, it was up 2,000% from its IPO. Moderna’s Covid vaccine remains the primary driver of its revenue, and its other vaccine, one for RSV, is “not likely to be a major player.”Unsurprisingly, then, the short-sellers are piling in hard. “Moderna’s declining stock price, rising short interest, and increased implied volatility reveal an evolving risk narrative,” the S3 report concludes. A month ago, when Trump announced RFK Jr. as his pick to head the Department of Health and Human Services, shares of prominent vaccine makers including Moderna, Pfizer and Novavax, fell across the board.

Persons: CNN Business ’, Heck, BioNTech, it’s, won’t, ”, Moderna’s, “, Donald Trump, Robert F, Kennedy Jr, Kennedy, Mr Organizations: CNN Business, New York CNN, Pfizer, Moderna, Bank of America, S3 Partners, CNN, Trump, RFK Jr, of Health, Human Services, Novavax, HHS Locations: New York, Cambridge , Massachusetts

☆ Over $100 trillion in wealth is about to be inherited — here are the biggest winners
▼ + stars: | 2024-12-13 | by ( Robert Frank | ) www.cnbc.com time to read: +6 min

More than $100 trillion in household wealth is expected to be passed down as part of the Great Wealth Transfer, the largest in U.S. history, according to a new report. Put another way, of the $2.5 trillion being passed down every year, about $1 trillion is going to Gen Xers. Cerulli’s previous estimate for the Great Wealth Transfer, in 2021, forecast a total of $84 trillion being passed down over 25 years. Horton said the $84 trillion adjusted for inflation would be $100 trillion today. While it’s spread out over 25 years, the Great Wealth Transfer will create tectonic shifts in the wealth economy.

Persons: Robert Frank, “, ”, Chayce Horton, Zers, X, Xers, Millennials, Gen Z, Horton, ” Horton, it’s Organizations: Cerulli Associates, Consumer Finance, Creative, Istock, Getty Locations: Cerulli, U.S

☆ Cramer's week ahead: Fed decision and earnings from General Mills, Darden and Nike
▼ + stars: | 2024-12-13 | by ( Kristian Burt | In | ) www.cnbc.com time to read: +2 min

CNBC's Jim Cramer on Friday walked investors through next week's Federal Reserve meeting and big earnings from General Mills , Darden Restaurants , Nike and more. Cramer said the fixation on the Fed can distract from long-term performance and lead to bad decisions from investors. Wednesday also brings earnings from General Mills, Micron and Lennar . Micron could keep rising after shares rallied on Friday, but Lennar may have a harder time as housing stocks fell following Toll Brothers ' sub-par earnings, Cramer said. Darden Restaurants, Nike and FedEx report on Thursday.

Persons: CNBC's Jim Cramer, Mills, Cramer, he's, Robert F, Kennedy Jr Organizations: Reserve, Darden Restaurants, Nike, Qualcomm, Arm Holdings, Fed, Micron, FedEx, Adidas, Wall

Robert Kennedy Jr. speaks with others before a ceremony with President-elect Donald Trump at the New York Stock Exchange on Thursday December 12, in New York. He said he would consider getting rid some vaccines for children, falsely suggesting autism may be caused by vaccines. Scientists have repeatedly debunked the theory that vaccines cause autism. Several subsequent studies trying to reproduce the results have found no link between vaccines and autism. Autism diagnoses have been increasing — up from one in 150 children in 2000 to about 1 in 36 children in 2020.

Persons: Robert Kennedy Jr, Donald Trump, Alex Brandon, ” Trump, Robert F, Kennedy Jr, Kennedy, Trump, he’s “, ” Kennedy, he’s, Andrew Wakefield, Wakefield Organizations: New York Stock Exchange, Time, Department of Health, Human Services, Trump, NBC News, US Centers for Disease Control, Autism Locations: New York

☆ Watch the full video of Donald Trump talking with Jim Cramer at the NYSE
▼ + stars: | 2024-12-12 | by ( Cnbc.Com Staff | ) www.cnbc.com time to read: 1 min

After President-elect Donald Trump rang the opening bell at the New York Stock Exchange Thursday morning, he spoke to CNBC's Jim Cramer from the trading floor about his plan for boosting the American economy. Trump refrained from making any stock market predictions, telling Cramer a "dip... can always happen." The Republican also cheered cryptocurrency, saying "we're gonna do something great with crypto." Cramer, who runs the members-only CNBC Investing Club, also spoke with Robert F. Kennedy Jr. — Trump's pick to be the nation's top health official — about the growing popularity of weight-loss drugs and vaccines.

Persons: Donald Trump, CNBC's Jim Cramer, Trump, Cramer, cryptocurrency, Robert F, Kennedy Jr, — Organizations: New York Stock, Republican, CNBC Investing

☆ Bernstein says Elon Musk's pro GLP-1 stance may boost Eli Lilly, sees nearly 40% upside
▼ + stars: | 2024-12-12 | by ( Alex Harring | ) www.cnbc.com time to read: +2 min

The postelection drawdown in Eli Lilly may have been overblown as one close confidant to President-elect Donald Trump appears to support weight loss drugs, according to Bernstein. Breen has an outperform rating on Eli Lilly and price target of $1,100, which suggests upside of 38.2% from Wednesday's close. Eli Lilly is behind the Mounjaro drug for diabetes and Zepbound for weight loss, among others. LLY YTD mountain Eli Lilly, year to date Breen noted there is a potential trade-off on price as supply increases. Despite recent challenges, Eli Lilly shares are up more than 35% in 2024.

Persons: Eli Lilly, Donald Trump, Bernstein, Robert F, Kennedy Jr, Courtney Breen, Breen, David Ricks, Kennedy, Elon Musk, Musk, Lilly Organizations: Trump, Department of Health, Human Services, Pfizer, Pharmaceutical Research, Manufacturers of America, Elon, Novo Nordisk Locations: Wednesday's

☆ This is what 4 of Trump’s cabinet picks think of the agencies they would lead.
▼ + stars: | 2024-12-12 | by ( Linda Qiu | ) www.nytimes.com time to read: +12 min

This is what 4 of Trump’s cabinet picks think of the agencies they would lead. If confirmed, Ms. Gabbard would oversee more than a dozen spy agencies and have access to highly sensitive intelligence. by firing its top officials, closing its headquarters in Washington and going after Mr. Trump’s rivals. But that case is not particularly relevant to Mr. Trump’s, as a federal judge ruled that the audiotapes were personal records. The letter does not contain evidence that Ms. Bowser turned down Mr. Trump’s authorization of additional National Guard troops.

Persons: Pete Hegseth, Tulsi Gabbard, Robert F, Kennedy Jr, Kash Patel, Donald J, Trump, Hegseth, “, Biden, ”, who've, Gabbard, “ Tucker Carlson, Victoria Nuland, Nuland, Carlson mischaracterized Ms, Nuland’s, Ms, mischaracterizing, General Merrick B, Garland, ’, ” Ms, Kash Patel F.B.I, Mr, Patel, Shawn Ryan’s, Shawn Ryan, ” Mr, Ronald Reagan, Bill Clinton, Clinton, Trump’s, Nancy Pelosi, Steve Bannon’s, Stephen Bannon, Pelosi, Muriel Bowser, Bowser, Kennedy, Kennedy’s, PolitiFact Organizations: Fox News, Fox, Pentagon, Army, Democratic Party, Trump, Ukraine, Russia, YouTube, United Nations, State Department, Mr, Justice Department, Presidential, National Archives, Records Administration, House Republicans, Capitol, Capitol Police, D.C, National Guard, Kennedy Jr, Health, Democratic, Louisiana House, ”, Centers for Disease Control, Prevention Locations: Washington, Afghanistan, United States, China, ideologues, Hawaii, Ukraine, Trump’s Florida, Louisiana

☆ Trump rings bell at NYSE to cheers of 'USA' as Wall Street CEOs, business leaders look on
▼ + stars: | 2024-12-12 | by ( Kevin Breuninger | ) www.cnbc.com time to read: +3 min

Trump was flanked by Vice President-elect JD Vance , incoming first lady Melania Trump , NYSE President Lynn Martin and two of Trump's children, Ivanka and Tiffany, as the bell chimed. "We're going to give tremendous incentive like no other country has," Trump told the moneyed crowd, including by cutting taxes "very substantially." It's hard to bring things down once they're up," Trump told the magazine. Hedge fund magnate Bessent, Trump's pick to replace Janet Yellen as Treasury secretary, told Cramer the next administration will benefit both Wall Street and Main Street. "I think we're going to see under President Trump Wall Street can win and Main Street can win, just like we did in Trump 1.0.

Persons: Robert F, Kennedy Jr, Scott Bessent, Doug Burgum, Howard Lutnick, Trump, JD Vance, Melania Trump, Lynn Martin, Tiffany, Donald Trump, nobody's, CNBC's Jim Cramer, Joe Biden, Mark Zuckerberg's, Jeff Bezos, Cramer, Bessent, Janet Yellen, —, Alex Harring, Yun Li Organizations: Treasury, NYSE, New York Stock Exchange, SpaceX, Elon, CNBC Investing, Trump Locations: Manhattan, —, U.S, USA, Trump

CNN —Accompanying his selection as Time’s Person of the Year, President-elect Donald Trump sat down with the magazine for a wide-ranging interview that published on Thursday. “I want to reach an agreement, and the only way you’re going to reach an agreement is not to abandon,” Trump said. He said the war is a “tragedy” with a “staggering” number of people killed on both sides of the conflict. He said he would consider getting rid of some vaccines for children, falsely suggesting autism may be caused by vaccines. Several subsequent studies trying to reproduce the results have found no link between vaccines and autism.

Persons: Donald Trump, ‘, ’, Ukraine Trump, “, ”, ” Trump, “ We’re, Joe Biden, Trump, Volodymyr Zelensky, Vladimir Putin, ’ Trump, We’ll, we’ll, we’re, —, “ I’m, they’ve, Robert F, Kennedy Jr, We’re, Kennedy, he’s “, ” Kennedy, he’s, It’s, Andrew Wakefield, Wakefield, ” “ Organizations: CNN, Capitol, Biden, Army Tactical Missile Systems, Trump, National Guard, NBC, Press, Time, Justice Department, NBC News, Department of Health, Human Services, US Centers for Disease Control, Autism, West Bank, Education Department Trump, Department of Education, of Education, Civil Locations: Ukraine, Russia, East, Israel, Washington

☆ Beans and lentils rise to stardom in newly released dietary advisory report
▼ + stars: | 2024-12-12 | by ( Sandee Lamotte | ) edition.cnn.com time to read: +9 min

No longer will beans will be infamous only for their fiber content — as in the children’s song “Beans, beans, the magical fruit, the more you eat, the more you toot” — they’ll also be known for their role as a major source of protein. “The advisory committee’s bottom line is to eat more plants, balance calories, and don’t eat too much sodium, sugar, and saturated fat. The committee did not recommend action on ultraprocessed foods, leaving that issue up to the advisers for the 2030-2035 US Dietary Guidelines. Kennedy also wants to limit access to soda and ultraprocessed foods in school lunches and the Supplemental Nutrition Assistance Program, or SNAP. “The agencies could decide to advise reducing intake of ultra-processed foods,” Nestle said.

Persons: CNN —, they’ll, ”, Christopher Gardner, “, ” Gardner, David Katz, ” Katz, Marion Nestle, Paulette Goddard, Gardner, Katz, Deirdre Tobias, ” Tobias, Trump, Nestle, Robert F, Kennedy Jr, Donald Trump’s, Kennedy, ” Nestle Organizations: CNN, Advisory, Stanford Prevention Research, Nutrition Studies Research, True Health Initiative, Center for Biological Diversity, Loma Linda University, Nutrition, Food Studies, Public Health, New York University, Brigham, Women’s Hospital, Harvard Medical School, “, US Department of Agriculture, US Department of Health, Human Services, Assistance, SNAP Locations: California, Paris, White, Boston

☆ RFK Jr. tells Jim Cramer: Weight-loss drugs shouldn't replace healthy eating, not against all vaccines
▼ + stars: | 2024-12-12 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +2 min

Pharmaceutical industry critic Robert F. Kennedy Jr. — President-elect Donald Trump's pick to be the nation's top health official — on Thursday elaborated on his stance about the fast-growing class of weight-loss drugs known as GLP-1s. Kennedy was there alongside many of Trump's cabinet nominees as Trump rang the opening bell to kick off Thursday's session. Some on Wall Street see the market for GLP-1 drugs growing to at least $100 billion by 2030. In a post on social media site X that same month , Kennedy wrote that weight-loss drugs do not get to the "root" cause of obesity and instead merely "gladden the wallets of distant Big Pharma execs." On Thursday, Cramer also asked Kennedy — who has pushed unfounded claims that child vaccines are linked to autism despite numerous studies that debunk such assertions — whether he is against "all vaccines."

Persons: Robert F, Kennedy Jr, Donald Trump's, Kennedy, CNBC's Jim Cramer, Trump's, Trump, Eli Lilly, Mounjaro, Eli Lilly's, Lilly, Cramer, Zepbound, Ozempic, Kennedy — Organizations: —, New York Stock Exchange, Trump, of Health, Human Services, Food and Drug Administration, Centers for Disease Control, Novo Nordisk, GLP, Cramer's Charitable Trust, CNBC, Street Journal, Big Pharma Locations: Cramer's, Lilly, U.S

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