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“They made themselves nuclear,” Howard Lutnick, the co-chair of Trump’s transition and his nominee to serve as Commerce Secretary, told CNBC in September. But with the campaign over, Trump’s transition team is turning to Project 2025 to help staff the next administration. Both Homan and Ratcliffe were listed as contributors to Project 2025, while Carr authored a chapter on the FCC. Brendan Carr, a contributor to Project 2025, is Trump's pick to lead the Federal Communications Commission. For instance, the Project 2025 policy blueprint and Trump’s “Agenda 47” featured similar ideas on mass deportations and slashing the federal bureaucracy.

Persons: Donald Trump, Trump, “, ” Howard Lutnick, Tom Homan, Brendan Carr, John Ratcliffe, Both Homan, Ratcliffe, Carr, Celal, Russ Vought, Roger Severino, Paul Dans, MAGA, lambasting, Lutnick, ”, it’s, ” Lutnick, Semafor, ’ it’s, That’s, Trump’s, Joe Biden’s, Kamala Harris ’, Sen, Mallory McMorrow, ” McMorrow Organizations: Commerce, CNBC, NBC News, Democrats, Trump, Federal Communications Commission, Getty, of Management, Republican National, Politico, Department of Health, Human Services, New York, Republican, NBC, Democratic, Oceanic, Atmospheric Administration, Democratic National Convention Locations: Anadolu, Grand Rapids, Michigan

LAS VEGAS — Max Verstappen is hoping that what happens in Vegas won't just stay in Vegas — it will go down in the history books. Verstappen, 27, of the Netherlands, can secure the trophy by finishing the 50-lap race ahead of his sole championship rival, Lando Norris. Norris needs to outscore Verstappen by at least 3 points to keep his title hopes alive, although they would be slim regardless. No other driver is mathematically in contention for the championship with three races left in the season. McLaren hopes to secure its first constructors championship since 1998, when Finnish driver Mika Häkkinen won the drivers championship with the now papaya-colored team.

Persons: Max Verstappen, Michael Schumacher, Lewis Hamilton, Sebastian Vettel, Alain Prost, Juan Manuel Fangio, Verstappen, Lando Norris, McLaren’s Norris, Norris, ” Verstappen, Mark Thompson, Red Bull, McLaren, Mika Häkkinen, Oscar Piastri, Ferrari’s Charles Leclerc, Carlos Sainz, Sergio Perez, Verstappen’s, Alpine’s Esteban Ocon, “, ” Norris, ” Andrea Kimi Antonelli, Jack Doohan, Oliver Bearman, Gabriel Bortoleto, Mercedes, Andrea Kimi Antonelli, Haas, Liam Lawson, Daniel Ricciardo, ” Lawson, I’ve, ” Liam Lawson, Rudy Carezzevoli, Lawson Organizations: VEGAS, McLaren, Ferrari, Hamilton, Silver Arrows, Sauber, Audi, RB, NBC Locations: Vegas, Netherlands, Las Vegas, Finnish, Woking, Brazil, São Paulo

Senate Republicans offered mixed responses Thursday to President-elect Donald Trump's announcement that he will nominate Pete Hegseth, a Fox News personality accused of sexual assault, to lead the Defense Department following the release of a police report concerning sexual assault allegations against him. Some senators defended Trump's pick, while others voiced some trepidation, and a senator told NBC News "I don't care" when approached about a police report released Wednesday tied to an allegation of sexual assault against Hegseth in 2017. Sen. Markwayne Mullin, R-Okla., also defended Trump's pick, saying he had reviewed the report and would push for Hegseth's confirmation. Two other picks to serve in top jobs in Trump's Cabinet have also faced potentially damaging allegations of sexual misconduct. After Gaetz withdrew his name, Sen. Chris Coons, D-Del., told NBC News that there were “similar, challenging allegations” with Hegseth.

Persons: Donald Trump's, Pete Hegseth, Sen, Kevin Cramer, Cramer, I’m, Hegseth, Karoline Leavitt, Markwayne Mullin, Trump's, Mullin, “, Trump, ” Mullin, Bill Hagerty, Lindsey Graham, Joe Biden, Biden, That’s, Graham, Robert F, Kennedy Jr, Kennedy, Matt Gaetz, Gaetz, Chris Coons, ” Coons, Josh Hawley, “ Let’s, ” Hawley, let’s, they’ve, ” Organizations: Fox News, Defense Department, Trump's, NBC, Hegseth, Cabinet, Armed Services Committee, Trump, Pentagon, Republican, White, NBC News, Human Services Department Locations: America, California, Washington, Florida

☆ China’s richest man blasts tech giants and government inaction in rare rebuke
▼ + stars: | 2024-11-22 | by ( Juliana Liu | ) edition.cnn.com time to read: +4 min

It is very unusual for Chinese businesspeople to take public aim at the government and those who have done so have often faced repercussions. In particular, Pinduoduo’s pricing system has done great harm to China’s brands and its industries,” he was quoted as saying by state-owned media outlet The Paper. In further remarks from the same press conference that were not widely reported by state media, Zhong singled out the Chinese government for not doing more to stop the trend. CNN has reached out to Nongfu Springs and PDD (PDD) for comment. A worker prepares to transfer packages after sorting at a warehouse for an e-commerce company in Beijing on November 11, 2024.

Persons: Hong Kong CNN —, Zhong Shanshan, Zhong, Pinduoduo, Alibaba, Jack Ma, Ma, Colin Huang, Wang Zhao, Zhong’s, Huang Organizations: Hong Kong CNN, PDD Holdings, Sina Technology, CNN, Ant Group, Alibaba, Getty, Bloomberg Locations: China, Hong Kong, Beijing, AFP

☆ Trump's agenda will make Treasury Secretary's job tough, says Evercore's Roger Altman
▼ + stars: | 2024-11-22 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTrump's agenda will make Treasury Secretary's job tough, says Evercore's Roger AltmanRoger Altman, former deputy Treasury secretary and founder of Evercore, joins CNBC's 'Squawk Box' to discuss president-elect Trump's Treasury Secretary search, what to expect from the Trump economy, and more.

Persons: Evercore's Roger Altman Roger Altman, Trump Organizations: Treasury, Trump's

☆ Citadel's Ken Griffin considers selling minority shares whilst handing out political advice to Trump
▼ + stars: | 2024-11-22 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +6 min

In today's big story, billionaire Ken Griffin has some advice for President-elect Donald Trump, including a suggestion for his Treasury pick . While speaking Thursday at the Economic Club of New York, Griffin said he appreciates the importance of those issues to Americans but said aggressive tactics to address them could make things work. Griffin is one of the biggest donors to the Republican Party, but declined to publicly endorse either presidential candidate this year. AdvertisementModeration hasn't been the name of the game for Trump with some of his proposed policies. AdvertisementHe said he'd be open to selling a minority stake in his hedge fund to the right partner.

Persons: it's, Ken Griffin, Donald Trump, Trump Ken Griffin, Mike Blake, Insider's Bradley Saacks, Michelle Abrego, Griffin, Manny Roman, Trump, Marc Rowan, Rowan, Alexander Tamargo, Thoma Bravo Griffin, he'd, Zalubowski, Chelsea Jia Feng, Elon, Paul, Tyson, Megyn Kelly, Tucker Carlson Ron Antonelli, Chip Somodevilla, Rebecca Zisser, Tucker Carlson, Bari Weiss, BI's Peter Kafka, Chris Balfe, Ridley Scott's, You've, Dan DeFrancesco, Jack Sommers, Grace Lett, Ella Hopkins, Amanda Yen, Milan Sehmbi Organizations: Business, Treasury, Trump, Citadel, Milken, Global Conference, Reuters, Economic, of New, Republican Party, Citadel Securities, Sequoia, Millennium Management, BlackRock, Chelsea, Getty, Netflix, Bank of America, NY Daily, Fox News, Auto, Ford, GM, Volkswagen Locations: Beverly Hills , California, U.S, of New York, Montreal, New York, London, Chicago

☆ Developed world 'not playing their role' in the climate crisis, Malaysian minister says
▼ + stars: | 2024-11-22 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailDeveloped world 'not playing their role' in the climate crisis, Malaysian minister saysNik Nazmi bin Nik Ahmad, Malaysia's minister of natural resources and environmental sustainability, discusses climate finance goals and says "finding a middle ground seems to be the tough point at this time."

Persons: Nik Nazmi, Nik Ahmad

☆ Startups that rely on Chinese manufacturers are bracing for Trump's impact
▼ + stars: | 2024-11-22 | by ( Melia Russell | ) www.businessinsider.com time to read: +8 min

AdvertisementTrump's proposed tariffs could raise costs for hardware startups making physical goods. Hardware startups rely on a host of manufacturers that are mostly based in China. When China-based manufacturers ship the final products back, the hardware startups may get hit with levees of up to 60 percent on goods from China, according to Trump's statements during his campaign. AdvertisementThe impact on startups: 'We're done here'In the aftermath of Trump's election win, euphoria is sweeping through the business world. AdvertisementHe said he's worried about the potential for Trump tariffs to spark a recession.

Persons: Donald Trump's, Nikhil Basu Trivedi, Jared Friedman, Combinator, Friedman, Graham Anderson, Marc Andreessen, Elon Musk, Bradley Tusk, Santosh Sankar, Trump's, Tim Cook, Cook, Donald Trump, Ivanka Trump, Steven Mnuchin, Mandel Ngan, Alan Deardorff, Trump, Deardorff, he'll, Lea Suzuki, Spencer Penn, Tesla, Penn, —, Chris Van Dyke's, he's, Van Dyke Organizations: Investors, Elon, Washington Post, Washington, Dynamo Ventures, Apple, Trump, Mac, Getty, Big Tech, University of Michigan, Tesla, San Francisco Locations: China, Asia, When China, Flexport, Austin , Texas, AFP, Fremont , California, Europe

☆ Bad news if you’re looking to buy a house in the next two years
▼ + stars: | 2024-11-22 | by ( Bryan Mena | ) edition.cnn.com time to read: +6 min

After hitting two-decade highs nearing 8% late last year, mortgage rates have fallen, dipping nearly as low as 6% in September. Mortgage rates are expected to stay stuck above 6% for at least the next two years, according to economists and recent forecasts. Home sales are on track for their worst year since 1995 due to home-price growth and elevated mortgage rates. Mortgage rates are closely tied to the 10-year US Treasury yield. Billionaire investor Paul Tudor Jones last month said a swelling national debt under Trump would be frowned upon by the bond market.

Persons: Freddie Mac, ” Lawrence Yun, “, Wells, Fannie Mae, Donald Trump’s, Trump, ” Bernard Baumohl, Paul Tudor Jones, “ We’re, ”, Nick Dus, “ They’ve, Dus, NAR’s Yun, Yun, ” Yun, Samantha Delouya Organizations: Washington CNN, National Association of Realtors, Federal, Treasury, Economic Outlook, Billionaire, Trump, CNBC, CNN, Fed Locations: Wells Fargo, Evansville , Indiana

☆ Why the U.S. is growing less food
▼ + stars: | 2024-11-22 | by ( Natalie Rice | ) www.cnbc.com time to read: +3 min

Fruit production is down nearly 36% in 2024 from 2003, while vegetable production is down 6.3%, according to the USDA. Imports make up a growing share of fresh produce availability, with 60% of the total fruits and 38% of vegetables in the U.S. supplied by other countries in 2021, with Mexico as the largest supplier. The U.S. prioritizes growing commodities — like corn, soybeans, wheat and sugar. And that's a big sticking point for many small to midsize farmers growing fruits and vegetables. The 2018 farm bill extended into 2024 but expired in September.

Persons: Angela Huffman, Chip Kent, Tom Vilsack Organizations: United States Department of Agriculture, USDA, Imports, Environmental Locations: States, U.S, Mexico, Locust Grove, Milton , New York

☆ Trump's Cabinet selection is off to a rocky start: From the Politics Desk
▼ + stars: | 2024-11-21 | by ( The Politics Desk | ) www.nbcnews.com time to read: +8 min

But it’s not even Thanksgiving, and Donald Trump is already looking for a backup top law enforcement officer after Matt Gaetz withdrew his AG bid Thursday. The last time around, Trump lost just one of his initial Cabinet picks, when Andrew Puzder withdrew as the labor secretary nominee in February 2017. ➡️ More on the Trump transitionAside from Gaetz, two of Trump’s other Cabinet picks, Hegseth and Kennedy, have also faced serious allegations of sexual impropriety, which they have both denied. 🗞️ Today’s other top stories 👀 Buckeye State battle brewing: The jockeying for JD Vance’s Ohio Senate seat has begun, and the potential candidates’ statements about Trump’s Cabinet picks are being closely watched. Read more →The jockeying for JD Vance’s Ohio Senate seat has begun, and the potential candidates’ statements about Trump’s Cabinet picks are being closely watched.

Persons: Matt Gaetz, Jonathan Allen, Henry J, Gomez, Olympia Sonnier, Jake Traylor, Julie Tsirkin Matt Gaetz’s, Donald Trump, ”, Gaetz, MAGA, Trump, Sens, Mitch McConnell of, Lisa Murkowski, Susan Collins of, Markwayne Mullin, John Curtis of Utah, Read, Jonathan Allen It’s, George H.W, Texas Sen, John Tower, it’s, — Trump, Bill Clinton’s, Zoë Baird, Kimba Wood, Pete Hegseth, Tulsi Gabbard, Robert F, Kennedy Jr, Barack Obama’s, Tom Daschle, Bill Richardson, Judd Gregg, Andrew Puzder, ➡️, Hegseth, Kennedy, Mehmet Oz, El Organizations: NBC, White House, Capitol, Republican, The Justice Department, Republicans, Gaetz, Pentagon, Former Fox News, Human Services, Commerce, ., Medicare, Services Locations: Florida, Washington, Trump, Mitch McConnell of Kentucky, Alaska, Susan Collins of Maine, Oklahoma, Texas, Obamacare

Matt Gaetz’s withdrawal Thursday as a candidate for attorney general illustrates the roadblocks President-elect Donald Trump could face as he attempts to convert his campaign of “retribution” into a governing coalition capable of working within the realities of Washington. In Gaetz, Trump would finally get the loyal attorney general he felt like he never had in his first term. But it was a tough sell from the moment Trump announced Gaetz as his choice eight days ago — in a pick that shocked much of Washington. In the end, it was the “combination of the ethics report and opposition among Senate Republicans,” that doomed Gaetz’s candidacy, a senior Senate aide told NBC News. Before Gaetz’s withdrawal Thursday, Trump allies were pushing hard on GOP senators and other ambitious Republicans to publicly support his embattled Cabinet picks.

Persons: Matt Gaetz’s, Donald Trump, ”, Gaetz, MAGA, Trump, “, Vance, ” Gaetz, Sens, Mitch McConnell of, Lisa Murkowski, Susan Collins of, Markwayne Mullin, John Curtis of Utah, JD Vance, ” Sen, Mike Rounds, ” Rounds, Pete Hegseth, shouldn’t, Robert F, Kennedy Jr, Tulsi Gabbard, Matt, they’re Organizations: Republican, The Justice Department, Republicans, NBC News, Trump, Capitol, Gaetz, “, Senate, Fox News, Justice Department Locations: Washington, Florida, Trump, Mitch McConnell of Kentucky, Alaska, Susan Collins of Maine, Oklahoma, Ohio, Hawaii

The search for Vice President-elect JD Vance’s successor in the Senate is reinforcing a rift among Ohio Republicans, whose loyalties are divided between the establishment-friendly Gov. Vance has consulted with DeWine on the Senate appointment, two sources familiar with the discussions said. When asked if Trump’s Cabinet picks were a part of DeWine’s considerations, Tierney emphasized the governor’s wish that his pick be able to win the GOP primary that year. Moreno, for his part, singled out Gaetz, Gabbard, Hegseth and Kennedy this week in a statement pledging to support Trump’s Cabinet choices. “The American people delivered President Trump a mandate, and it is crucial that Senate Republicans confirm his nominees quickly,” he said.

Persons: JD Vance’s, Mike DeWine, Donald Trump, DeWine, Vance, ”, Dan Tierney, “, Trump’s, Trump, Pete Hegseth, shouldn’t, Robert F, Kennedy Jr, Tulsi Gabbard, Matt Gaetz, Gaetz, Hegseth, “ We’re, Kennedy, Robert Sprague, Frank LaRose, they’ll, Dan Lusheck, Lusheck, Mike Carey, Carey, Justice Department “, ” Carey, “ I’d, Jay Edwards, ” Mehek Cooke, John Kasich’s, ” Cooke, Jane Timken, Jon Husted —, —, Tierney, Sprague, Dave Yost, Yost, Vivek Ramaswamy, Elon Musk, ” Tierney, Timken, Sen, Matt Dolan, Dolan, Bernie Moreno, Moreno, LaRose, Democratic Sen, Sherrod Brown Organizations: Ohio Republicans, Trump, NBC News, GOP, Fox News, Justice Department, “, U.S, Spectrum, Gov, Republican, Democrat, Republican National Committee, Senate, Democratic, America Locations: Ohio, Hawaii, Florida, Hegseth, Washington, DeWine

Trump’s pick for defense secretary, Pete Hegseth, was accused of sexual assault. Trump himself has faced various sexual misconduct allegations, which he has denied, though he was found liable last year for sexual abuse in a civil trial over an alleged incident in the 1990s that he also denies. Now, after having won the presidency again, he’s spending early political capital to confirm appointees who have faced sexual misconduct allegations of their own. The allegations against Trump’s picksGaetz’s years of controversies have been thrust back into the spotlight now that he’s up for a Cabinet post. “It’s a very scary time for young men in America when you can be guilty of something that you may not be guilty of,” Trump told reporters.

Persons: Donald Trump’s, Matt Gaetz, Pete Hegseth, Robert F, Kennedy Jr, Gaetz, Hegseth, Kennedy, “, Trump, ”, Marc Short, Mike Pence’s, we’ve, Trump’s, hasn’t, Tim Parlatore, Bill Clinton’s, George H.W, Barack Obama’s, haven’t, Andy Puzder, Puzder, Patrick Shanahan, Shanahan, Ronny Jackson, Jackson, Brett Kavanaugh, Kavanaugh, ” Trump, reconsidering, JD Vance, Karoline Leavitt, Vance, MAGA, ” Leavitt Organizations: NBC News, NBC, “, Justice Department, Trump, Committee, Washington Post, Republican, You’re, Politico, Pentagon, White House, Department of Veterans Affairs, Supreme, Capitol, White Locations: groping, Florida, America, Hegseth, Washington

☆ Boeing CEO Kelly Ortberg says the company's staff 'spend more time arguing' than strategizing about how to beat Airbus: report
▼ + stars: | 2024-11-21 | by ( Aditi Bharade | ) www.businessinsider.com time to read: +3 min

The CEO also spoke with President-elect Donald Trump about the impact of his potential tariffs. Boeing's CEO Kelly Ortberg has a stern warning for his staff — stop squabbling and get to work. During the meeting, Ortberg also told staff not to "sit at the water cooler and bitch about people," per The WSJ's transcription of the recording. AdvertisementThe WSJ also reported that Ortberg has spoken with President-elect Donald Trump about the impact of potential tariffs on Boeing. Ortberg told staff that a potential trade war with China might impact the company's plane exports to Chinese airlines.

Persons: Kelly Ortberg, Ortberg, Donald Trump Organizations: Airbus, WSJ, Boeing, Business Insider, Trump, Seattle Times, Society of Professional Engineering Employees, Aerospace, . Aviation, Avia Solutions, Max Locations: Boeing's hourlong, China, Washington, Oregon

CNN —Hours after his first pick to run the nation’s top law enforcement agency dropped out, President-elect Donald Trump named former Florida Attorney General Pam Bondi as his new choice to run the Justice Department. Trump met in person with Bondi at Mar-a-Lago before officially offering her the job, a source familiar told CNN. Democratic lawmakers accused Bondi of declining to pursue an investigation into Trump University fraud allegations after receiving the donation. … I never said I don’t like gay people.”After leaving the Florida attorney general’s office, Bondi joined Ballard Partners, a lobbying firm with deep ties to Trump and Wiles. The family told The Tampa Bay Times that Bondi stole the dog, while Bondi accused the family of neglect.

Persons: Donald Trump, Pam Bondi, Trump, Matt Gaetz, ” Trump, Pam, ” Bondi, Gaetz, Trump’s, ”, Susie Wiles, Boris Epshteyn, Jeff Sessions, Bondi, CNN’s Anderson Cooper, —, “, ” Cooper, …, Wiles, Jack Smith, –, Aileen Cannon, Bernard, Master Tank, Tank Organizations: CNN, Justice Department, of Justice, DOJ, FIRST, Florida Republican, Senate, Bondi, Trump, Democratic, Trump University, Center, Litigation, Policy Institute, Fox News, Obamacare, Ballard Partners, Foreign, Hurricane, Tampa Bay Locations: Florida, Bondi, Mar, Trump, Tampa, Qatar, Louisiana, Tampa Bay Times

☆ More Biden judges will be confirmed, but four appeals court nominees won’t see a vote under Senate deal
▼ + stars: | 2024-11-21 | by ( Tierney Sneed | Ted | ) edition.cnn.com time to read: +5 min

However, the four Biden appellate nominees already faced tough odds of confirmation, with some, like 3rd US Circuit Court of Appeals nominee Adeel Mangi, facing opposition among Democrats as well. The Senate deal puts Biden in a position to potentially beat Trump’s record of number of district court judges confirmed. Still, Demand Justice, an organization that advocates for progressive judicial nominees, blasted the new deal for depriving the four Biden circuit nominees of floor votes. Those efforts were always going to face headwinds and got more arduous when Trump demanded that Senate Republicans blockade all pending Biden nominees for the bench. Under the new deal, Republicans backed off procedural tactics that would stymie the confirmations of six district nominees that were on the floor Wednesday night and on Thursday.

Persons: Joe Biden’s, Donald Trump’s, Biden, Adeel Mangi, ”, Chuck Schumer, Trump, haven’t, Obama, Maggie Jo Buchanan, “, Donald Trump, headwinds, Independent Sen, Joe Manchin’s, Kyrsten Sinema, Washington –, Dick Durbin Organizations: CNN, Senate, Liberal, Democratic, Republicans, Biden, Democrats, GOP, Trump, Demand, Independent, Republican, Illinois Democrat Locations: Washington, Arizona, Illinois

☆ The fate of MSNBC could be in Trump’s hands
▼ + stars: | 2024-11-21 | by ( Matt Egan | ) edition.cnn.com time to read: +6 min

It’s true that analysts expect the Trump administration to generally be less hostile to mergers. Yet it’s also true that some Republicans – including some tapped to join the Trump administration – have been described as “Khanservatives” because they’ve called for tougher, not weaker, antitrust scrutiny. Earlier this year, Gaetz told NOTUS that the FCC chair’s work “inspired me” and he expressed hope she stays in power for a Trump administration. As Gaetz fights to survive a tough nomination process to be attorney general, Comcast dropped a bombshell in the media industry by spinning off MSNBC, CNBC, USA, Oxygen and other networks. “It’s hard not to look at the spinoff of CNBC and MSNBC as potentially a response to the new administration,” said Petro.

Persons: Donald Trump’s, Trump, Donald Trump, ” Craig Moffett, MoffettNathanson, Brendan Carr, Trump’s, Kamala Harris, Carr, Skydance’s, ”, Moffett, Jeffrey Sonnenfeld, Sonnenfeld, Gaetz, Vance, Lina Khan, it’s, they’ve, JD Vance, Khan, Biden, Matt Gaetz, NOTUS, “, Brian Roberts, Will Trump, Frank Louthan, Raymond James, It’s, Louthan, Lee Petro, Dickinson, it’s “, Petro Organizations: New, New York CNN, Department, T’s, CNN, Timer Warner, Trump, Comcast, MSNBC, CNBC, NBC, DOJ, Federal Communications Commission, FCC, Paramount, Fox News, CBS, Yale, Leadership, Time Warner, Biden, Federal Trade, ”, Washington DC Locations: New York, Florida, USA

☆ Britain’s 'mini-budget' disaster should serve as a warning to the U.S., bond strategists say
▼ + stars: | 2024-11-21 | by ( Sam Meredith | In Samuelmeredith | ) www.cnbc.com time to read: +5 min

Bloomberg | Bloomberg | Getty ImagesFears are mounting that the U.S. could soon experience its own version of Britain's "mini-budget" crisis, with bond strategists warning that Donald Trump's return to the White House brings with it the specter of currency volatility and surging bond yields. The former president's economic agenda has ratcheted up concerns about a surge in consumer prices, which strategists say could spark significant shifts in bond yields and investor behavior. They warn a scenario that mirrors Britain's mini-budget crisis of 2022 is not out of the question. watch nowBritain's mini-budget crisis refers to a tumultuous period under former Prime Minister Liz Truss and ex-Finance Minister Kwasi Kwarteng. Bond yields tend to rise when market participants expect higher consumer prices or a growing budget deficit.

Persons: Donald Trump, Donald Trump's, Trump, Remtulla, Liz Truss, Kwasi Kwarteng, Kwarteng, Althea Spinozzi, Trump's, Spinozzi, Angela Weiss, Paul Ashworth, Ashworth, Thierry Wizman, likelier, Wizman Organizations: Economic, of New, Bloomberg, Getty, EFG, CNBC, U.S ., Finance, U.S, Bank of England, Saxo Bank, White, Treasury, Traders, New York Stock Exchange, AFP, Capital Economics, Macquarie Group Locations: of New York, New York, U.S, Foreign, Treasurys, Treasuries, New York City, America

☆ Sarah Silverman says her lawsuit against OpenAI is difficult because the company is one of the 'richest entities in the world'
▼ + stars: | 2024-11-21 | by ( Lauren Edmonds | ) www.businessinsider.com time to read: +4 min

Silverman discussed her copyright infringement lawsuit against OpenAI, which owns ChatGPT. Comedian Sarah Silverman opened up about her copyright infringement lawsuit against Sam Altman's OpenAI, which owns the artificial intelligence chatbot ChatGPT. The lawsuit's defendants include OpenAI, L.P. and OpenAI GP, L.L.C, among other entities. The plaintiffs originally sued OpenAI for direct copyright infringement, vicarious copyright infringement, violating The Digital Millennium Copyright Act, unjust enrichment, violating the California and common law unfair competition laws, and negligence. The judge dismissed all the claims except direct copyright infringement and unfair competition, prompting the plaintiffs to file an amended lawsuit in March.

Persons: Sarah Silverman, Rob Lowe's, Silverman, Sam Altman's OpenAI, ChatGPT, Rob Lowe, OpenAI, Sam Altman, Nehisi Coates, Laura Lippman, Paul Tremblay, Jason Redmond, It's, Lowe, that's Organizations: Rob Lowe's Sirius XM, OpenAI, Microsoft, Court, Northern District of, Northern District of California San Francisco Division, Business, Copyright Locations: Northern District, Northern District of California, AFP, California

☆ Five things to look out for in NFL Week 12: A Super Bowl hangover and a head coach brothers’ clash
▼ + stars: | 2024-11-21 | by ( Andy Scholes | Ben Morse | ) edition.cnn.com time to read: +8 min

Here’s five things to know for Week 12:Your Super Bowl favorite: the Detroit LionsFor the first time ever, the Detroit Lions are the favorites to win the Super Bowl. The games are obviously very hard always and tough to win and just rewind a week ago at Houston, how hard that win was. Head coach Kyle Shanahan was asked if there is anything to the Super Bowl hangover and said: “I don’t think there is an answer about a journey or Super Bowl hangover. The 49ers suffered their fifth loss of the season in Week 11 at the hands of Geno Smith (right) and the Seattle Seahawks. Steelers QB Russell Wilson has previously won a Super Bowl during his time with the Seahawks and lost in another.

Persons: oddsmakers, Jared Goff, Goff, “, ”, we’ve, It’s, David Reginek, Geno Smith scampered, Kyle Shanahan, Geno Smith, David Gonzales, Patrick Mahomes, Mahomes, ” Mahomes, won’t, Isiah Pacheco, – they’ve, Bryce Young, Chris Boswell, Russell Wilson, ” Wilson, it’s, I’ve, Harbaugh, John, Jim Harbaugh, Jim, – Organizations: CNN, Fantasy, NFL, Atlanta Falcons, Buffalo Bills, Cincinnati Bengals, Jacksonville Jaguars, New, New Orleans Saints, New York Jets, Detroit Lions, Lions, Kansas City Chiefs, NFC, Houston Texans, Indianapolis Colts, Sunday, Jaguars, Reuters, San Francisco 49ers, Seattle Seahawks, Niners, 49ers, Green Bay Packers, Bills, USA, Reuters Chiefs, Chiefs, Kansas, Carolina Panthers, Panthers, Steelers, Bengals, Baltimore Ravens, Pittsburgh Steelers, Ravens, Baltimore, Browns, Football, Pittsburgh, Seahawks, Seattle, Jim’s Niners, Chargers, AFC, Cleveland Browns, Minnesota Vikings, Chicago Bears, Tennessee Titans, . Houston Texans –, New England Patriots, . Miami Dolphins –, Tampa Bay Buccaneers, . New York Giants, Dallas Cowboys, . Washington, Denver Broncos, Las Vegas Raiders, Arizona Cardinals, Seattle Seahawks –, Philadelphia Eagles, Los Angeles Rams, Los Angeles Chargers Locations: New Orleans, Detroit, Houston, Wisconsin, Buffalo, Kansas City, Carolina, Cleveland, Pittsburgh

☆ Triller is hiring TikTok's former head of product to run its video app, as its other CEO hire falls through
▼ + stars: | 2024-11-21 | by ( Kenneth Niemeyer | Dan Whateley | ) www.businessinsider.com time to read: +5 min

AdvertisementTriller hired former TikTok product head Sean Kim to run its video app and a few other subsidiaries. Former T-Mobile marketing exec Kevin McGurn will no longer join as CEO of all of Triller Group. Triller, a media and marketing company that once positioned itself as a competitor to TikTok, announced it's hiring former TikTok product head Sean Kim to serve as CEO of its video app. Starting on December 2, he will oversee the Triller app, a short-video platform that functions similarly to TikTok, Instagram reels, and YouTube shorts. The Triller Group CEO title was meant to go to former T-Mobile marketing executive Kevin McGurn, as announced by the company in October.

Persons: Triller, Sean Kim, Kevin McGurn, TikTok, Kim, Julius, McGurn, it's, Donald Trump Organizations: Mobile, Triller, Holding, Triller Group, AGBA, Sony Music, Universal Music Group, SEC, Congress, YouTube Locations: Hong Kong, Triller

☆ Snow is coming to the Northeast, but don’t fall for the hype
▼ + stars: | 2024-11-21 | by ( Mary Gilbert | ) edition.cnn.com time to read: +3 min

But don’t expect a winter wonderland and don’t fall for the headlines and hype. The storm that will bring the snow to the Northeast already brought it to parts of the Midwest. This wet snow will fall overnight and could be heavy at times before it starts to taper off Friday afternoon. Any snow will have to fall heavily in order to accumulate more than an inch or so. Snow will fall across much of central PA over the next 24 to 36 hrs.

Persons: Snow Organizations: CNN, Midwest . Chicago, National Weather Service, State College Locations: Illinois, Indiana, Pennsylvania, New York, Binghamton , New York, Laurel, Philadelphia, New York City, West, Northeast

☆ Elon Musk's DOGE is looking to Argentina for inspiration to slash public spending
▼ + stars: | 2024-11-21 | by ( Thibault Spirlet | ) www.businessinsider.com time to read: +5 min

Both men admire Javier Milei, the Argentine leader elected on a pledge to slash the state. About a year ago, standing in front of a whiteboard with a gleam in his eye, Javier Milei started pulling apart Argentina's government. Javier Milei pulls apart a chart of Argentina's state in a video published on September 9, 2023. AdvertisementHarsh medicineHis measures helped tame a crisis: Argentina's inflation was 25.5% when Milei took office, and as of October, it was 2.7%. Argentinians have taken to the streets to protest against Javier Milei's economic policies since his election.

Persons: Elon Musk, Vivek Ramaswamy, Javier Milei, Milei, Lex Fridman, — Milei, Maria Victoria Murillo, Argentinians, Javier, Luciano Gonzalez, Donald Trump's, Trump, Ramaswamy, Musk Organizations: Argentine, Ministry, of Environment, Sustainable, Government, Social Security, US, Institute of Latin American Studies, Columbia University, Anadolu, Getty Images Kimberley, Economics, America, Republicans Locations: Milei, Argentine, Argentina, Mar, Buenos Aires

☆ Jasmine Paolini: Italian tennis star crowned world champion just months after winning Olympic gold, can hardly believe her own success
▼ + stars: | 2024-11-21 | by ( Amanda Davies | Matias Grez | ) edition.cnn.com time to read: +3 min

In 2024, Paolini won her first WTA 1000 singles event at the Dubai Tennis Championships, two WTA 1000 doubles titles, Olympic doubles gold and reached three grand slam finals, two in singles and one in doubles. 4 in the world in singles, the joint-highest ranking in history for an Italian woman, and a career-high No. “Last year, we lost in the final; this year, we won the title and it’s amazing. In 2024, Paolini and Errani are undefeated when wearing the blue national team kit of Italy. Sara Errani won the fourth BJK Cup title of her career.

Persons: CNN —, Jasmine Paolini, Billie Jean King, Italy’s, Paolini, “, ” Paolini, CNN Sport’s Amanda Davies, I’m, ”, –, Angel Martinez, Lucia Bronzetti’s, Viktória Hrunčáková, Rebecca Šramková, Sara Errani, Errani, “ It’s, ” Errani, It’s, it’s, We’re Organizations: CNN, Billie Jean King Cup, Slovakia, Dubai Tennis, Fed, Italy, Japan, Poland, Paris Locations: Italian, Málaga, Spain, Italy, Slovakia, Canada

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