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☆ Musk and Ramaswamy float ending remote work for federal employees and ‘large-scale firings’
▼ + stars: | 2024-11-20 | by ( David Ingram | David Ingram Is A Tech Reporter For Nbc News. | ) www.nbcnews.com time to read: +4 min

Incoming Trump administration advisers Elon Musk and Vivek Ramaswamy on Wednesday floated ending remote work for federal workers, calling the practice a “privilege” left over from the pandemic. “Requiring federal employees to come to the office five days a week would result in a wave of voluntary terminations that we welcome: If federal employees don’t want to show up, American taxpayers shouldn’t pay them for the Covid-era privilege of staying home,” the two men wrote. The future of remote work for office-based employees is hotly debated. Some unionized federal workers have criticized Musk and Ramaswamy, saying they don’t know what they’re doing. Erwin said the two tech figures “make absurd claims about government waste and bash dedicated federal employees.” His union says it represents 110,000 federal employees.

Persons: Elon Musk, Vivek Ramaswamy, ”, Biden, Ramaswamy, Donald Trump, Musk, Randy Erwin, Erwin Organizations: Trump, Street, Management, of Government, SpaceX, CNBC, Tesla, National Federation of Federal Employees Locations: Washington

☆ What to know about Transgender Day of Remembrance and violence against trans people
▼ + stars: | 2024-11-20 | by ( The Associated Press | ) www.nbcnews.com time to read: +3 min

Wednesday is Transgender Day of Remembrance, which focuses on trans people who have lost their lives because of violence. What is Transgender Day of Remembrance? Transgender Day of Remembrance is marked every Nov. 20 and began in 1999 to honor Rita Hester, a trans woman who was killed in Massachusetts. International Transgender Day of Visibility, which is designed to bring attention to transgender people, is commemorated in March. Rita Hester is pictured on a poster in Boston for Transgender Day of Remembrance.

Persons: Rita Hester, Jessica Rinaldi, Pauly, Jr, Donald Trump Organizations: Transgender, Williams Institute, UCLA Law, Boston Globe, Getty, Human, Rights, U.S, Supreme Locations: Massachusetts, U.S, Boston, Pennsylvania

The House Ethics Committee weighs releasing their report on Matt Gaetz. And Susan Smith, who made headlines for killing her sons 30 years ago, is up for parole. The Ethics Committee has jurisdiction only over sitting members of Congress, Johnson argues. But there is precedent for the Ethics Committee to publish reports after a member of Congress has resigned. Susan Smith up for parole 30 years after killing her sonsSusan Smith leaves court after a hearing in Union, S.C., in 1995.

Persons: Matt Gaetz, Susan Smith, Donald Trump, Gaetz, Susan Wild, Joel Leppard, Mike Johnson, Trump, Johnson, Read, Mike Cavanaugh, ”, Vladimir Putin, Brooks Kraft, Smith’s, Michael, Alex, Smith, Rafael Nadal, Jay Leno, Barbara Gauntt, Chokwe Antar Lumumba, Lumumba, — Bracey Harris Organizations: Comcast, Justice Department, Republicans, Democrats, Gaetz, MSNBC, Syfy, Golf, CNBC, Oxygen, NBC News, NBC, Bravo, United, Brooks, Brooks Kraft LLC, Getty, South, Davis, Mississippi State Capitol, Clarion, Ledger, Residents Locations: Florida, USA, U.S, Kyiv, United States, Ukrainian, Russian, Ukraine, Union, South Carolina, Northern California, Pacific, California, Jackson

The United States said Wednesday that its embassy in the Ukrainian capital, Kyiv, had closed after receiving "specific information of a potential significant air attack." "Out of an abundance of caution, the Embassy will be closed, and Embassy employees are being instructed to shelter in place," it said in a security alert, recommending U.S. citizens take shelter if an air alert is announced. Shutting the embassy is not an unprecedented move amid the war, which reached its 1,000th day Tuesday. Searchlights look for Russian drones in the skies over Kyiv, in the early hours of Wednesday morning. Moscow could justify a nuclear strike if subject to an attack by a nonnuclear country that is supported by a nuclear country, according to the revised doctrine.

Persons: Serhii, Gleb Garanich, Vladimir Putin Organizations: Embassy, Kyiv’s, Military Administration, Reuters Locations: States, Kyiv, Ukrainian, Russian, Dniprovskyy, Ukraine, Bryansk, Moscow

☆ The DOGE commission explains how it will reduce head count at federal agencies with a plan to get rid of remote work and offer workers early retirement
▼ + stars: | 2024-11-20 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +3 min

AdvertisementElon Musk and Vivek Ramaswamy offered more details on their DOGE government efficiency commission. They said their plans to cut government spending will lead to layoffs across federal agencies. The leaders of President-elect Donald Trump's government efficiency commission have more details on how they will reduce head count across government agencies. With the federal government being the largest employer in the US, with a workforce of over 2 million Americans, the DOGE commission could have a wide-ranging impact. Are you a federal worker with thoughts on DOGE?

Persons: Elon Musk, Vivek Ramaswamy, Donald Trump's, Ramaswamy, Trump, Musk Organizations: Tesla, GOP, Street, of Government, Management, Trump, Treasury Department, Department of Health, Human Services, Social Security Administration, Department of Defense, Congress, Social Security, Medicare

☆ Indian international students in the US outnumber Chinese for the first time in 15 years
▼ + stars: | 2024-11-20 | by ( Jessie Yeung | ) edition.cnn.com time to read: +10 min

A changing ChinaIt was a different world in the late 2000s and early 2010s, when Chinese students first began surging overseas. In 2020, the US revoked visas for more than 1,000 Chinese students and researchers deemed security risks. In January this year, Chinese foreign ministry spokesperson Wang Wenbin said in a briefing that “dozens of Chinese nationals, including international students, have been forcibly deported by the US each month.” He decried it as “discriminatory,” urging the US to protect the rights of Chinese students abroad. The Covid yearsThe number of Chinese students in the US plunged during the pandemic and hasn’t rebounded since. “Since the economic sanctions and tech restrictions started in 2018, many (Chinese) students have been sent back home,” one user wrote on Weibo.

Persons: “, ”, Mallie Prytherch, ‘, ’, Donald Trump’s, ” Prytherch, Trump, Prytherch, Joe Biden, Wang Wenbin, Li Jing, hasn’t, Mirka Martel, Steven Hon, didn’t, Hon, Marianne Craven, they’ve Organizations: Hong Kong CNN, Education consultancies, State Department, of International Education, University of Hong Kong’s, Contemporary, Beijing, World Trade Organization, Games, America, Fulbright, Trump, Tsinghua University, CNN, Institute of International Education, Education, –, Ivy League Locations: Hong Kong, United States, China, India, America, Contemporary China, “, Beijing, cybersecurity, Macau, Weibo, Canada, Australia, American

☆ 7 key details from Elon Musk and Vivek Ramaswamy's DOGE plan
▼ + stars: | 2024-11-20 | by ( John L. Dorman | Alice Tecotzky | ) www.businessinsider.com time to read: +8 min

On Wednesday, Musk and Ramaswamy outlined their vision for DOGE, which Musk previously said would cut $2 trillion from the federal budget. Ron DeSantis' Presidential Announcement with Elon MuskTheir opinion piece, published in the Wall Street Journal, is lengthy and dense, filled with Supreme Court rulings and decades-old statutes. Musk and Ramaswamy wrote that their goal for deep reform will be rooted in two Supreme Court rulings. Musk and Ramaswamy make it clear that by eliminating federal regulations, there should also be "mass head-count reductions across the federal bureaucracy." Musk and Ramaswamy note that Trump has implied that the statute is unconstitutional and predict that the Supreme Court would agree.

Persons: Elon Musk, Vivek Ramaswamy, Ramaswamy, Musk, Ron DeSantis, Loper, Raimondo, Chevron, Trump, haven't, DOGE, Musk's, Tesla, overreach Organizations: Department of Government, Florida Gov, Elon, Street, Management, Environmental Protection Agency, Chevron, Natural Resources Defense Council, Congress, Corporation for Public Broadcasting, Public Broadcasting Service, National Public Radio, Social Security, SpaceX, Trump, Musk Locations: Florida, America, West Virginia

☆ Meta is helping brands reach more audiences across social media — and it's all thanks to AI
▼ + stars: | 2024-11-20 | by ( ) www.businessinsider.com time to read: +5 min

Generative AI helps brands build more engaging ads with creative variations. Using Meta's AI tools, ObjectsHQ simply loaded lifestyle photos of its best-performing products, along with a few captions. AI for advertisingObjectsHQ is just one of many brands harnessing the power of AI-powered ad tools. AI — particularly generative AI — gives businesses of all sizes the tools to connect with the right people and create diverse, engaging content. With AI tools that save time and complement human creativity, marketers can create ad campaigns that reach audiences everywhere.

Persons: Alfred Chehebar, Justin Osofsky, ObjectsHQ, Chehebar, Meta, Osofsky Organizations: ObjectsHQ, SMB Group, Global, Meta, Meta's, Business, Insider Studios

☆ Brewing worker resentment could fuel a 2025 quitting spree
▼ + stars: | 2024-11-20 | by ( Jennifer Liu | ) www.cnbc.com time to read: +2 min

The job market could be poised for a fresh wave of people quitting, according to a new Glassdoor report. Employees' satisfaction in their career opportunities has been on the decline since 2022 after people settled into new roles following the post-pandemic hiring boom known as the Great Resignation. "People don't feel like the job market is working for them right now, even if you hear economists and policymakers talk about how strong and resilient the job market is," Glassdoor senior economist Daniel Zhao tells CNBC Make It. "The desire [to quit] is there, but the opportunities aren't," Zhao says. For example, some sectors, like housing, real estate and tech, could be buoyed by the Federal Reserve's interest rate cuts, Zhao says.

Persons: Daniel Zhao, Zhao, Terry Petzold, Donald Trump Organizations: CNBC, Fox Search, White

☆ Political and social division is driving interest in ‘golden visas’
▼ + stars: | 2024-11-20 | by ( Hanna Ziady | ) edition.cnn.com time to read: +6 min

Interest in so-called “golden visas” has skyrocketed among US citizens since the election, according to consultants that help the wealthy migrate. Golden visas allow people to effectively buy foreign citizenship or residence through sizable investments, including in real estate, government bonds or startups. Jc Milhet/Hans Lucas/AFP/Getty ImagesInquiries about golden visas from Americans have increased 33% so far this year compared with the same period last year, with programs in Europe the most sought after. Portugal’s Golden Residence Permit Program tops the popularity list because it is relatively affordable, requiring a minimum outlay of €250,000 ($265,000) in support of the arts or national cultural heritage. With golden visas out of reach for most Americans, social media platforms are ablaze with chatter about other avenues for moving abroad.

Persons: Donald Trump, ”, Dominic Volek, Armand Arton, “, Covid lockdowns, …, Jc Milhet, Hans Lucas, Portugal’s, Thomas Coex, Trump, ” Flannery Foster, “ I’ve, ” Foster, Foster, ’ Organizations: London CNN, Democratic, Henley & Partners, Arton, CNN, Getty, Union, Plaza Mayor, LGBT, Spanish Locations: Europe, Ollolai, Sardinia, Nigeria, South Africa, China, India, Philippines, United States, Valletta, AFP, Greece, Spain, Italy, Malta, Austria, €, Madrid, Reddit, USA

☆ A homebuilder-association CEO told us the 4 obstacles keeping America from having more housing
▼ + stars: | 2024-11-20 | by ( Eliza Relman | ) www.businessinsider.com time to read: +5 min

AdvertisementUS home prices and rents have soared in part because of a shortage of housing. These are the cost of land, a shortage of construction workers, regulations, and NIMBYism. The US is suffering from a deep shortage of homes, and it's driving sky-high home prices and rents. Advertisement"We just hear more and more that it's harder to find affordable pieces of land to develop for housing," Tobin said. Fewer construction workers means less — and slower — residential construction and higher wages for workers, which in turn leads to higher home prices.

Persons: Jim Tobin, Tobin, —, ANDREW CABALLERO, REYNOLDS, NIMBY, Donald Trump Organizations: National Association of Home Builders, Trump Locations: Los Angeles, Seattle, Chicago, Brambleton , Virginia

☆ Russia says Ukraine attacked it using U.S.-made missiles, signals it's ready for nuclear response
▼ + stars: | 2024-11-19 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +4 min

watch nowMoscow signaled to the West that it's ready for a nuclear confrontation after Ukraine was given permission to attack Russian territory — and appeared to quickly act on that greenlight — using U.S.-made long-range missiles. Ukrainian news outlets reported early Tuesday that the missiles had been used to attack a Russian military facility in the Bryansk border region. The Kremlin has repeatedly warned the West against allowing Ukraine to use its long-range weapons to attack Russia directly. Moscow upped the ante Tuesday as Russian President Vladimir Putin signed a decree approving its updated nuclear doctrine, shifting the parameters on when Russia can use nuclear weapons. "Aggression against the Russian Federation by any non-nuclear state with the participation or support of a nuclear state is considered a joint attack."

Persons: Vladimir Putin, it's, Dmitry Peskov, Peskov Organizations: Washington Sunday, Ministry of Defense, CNBC, Kyiv Post, Kremlin's, Russian Federation, Civil Defense, Emergencies, Russia's Emergencies Ministry Locations: Moscow, Ukraine, Russian, Bryansk, Russia, Belarus, Republic of Belarus

☆ Corporate borrowing is on a roll. Goldman's debt financing head breaks down the trends.
▼ + stars: | 2024-11-19 | by ( Reed Alexander | Emmalyse Brownstein | ) www.businessinsider.com time to read: +7 min

The return of DCM activity signals that borrowers are gearing up for corporate dealmaking to return. Goldman's global head of financing broke down the trends in an interview with BI. On Wall Street, corporate borrowing is on a roll. Many of those clients are large companies or organizations being advised by Goldman's investment bankers, which means the DCM business is directly reliant on deal flow. AdvertisementGoldman CEO David Solomon ran Goldman's leveraged finance group before taking over its financing business, including debt and equity capital markets and derivatives.

Persons: Goldman Sachs, Donald Trump, Vivek Bantwal, Bantwal, We've, we've, Goldman, David Solomon, David Solomon Jeenah Moon, Denis Coleman, refinancings, weren't Organizations: University of Pennsylvania's Wharton School, Getty, Underwriters, Wall, Bloomberg, Getty Images Goldman, Goldman, Blue

☆ Airbnb's idea to hold gladiator battles in Rome's Colosseum isn't going down well with some local lawmakers
▼ + stars: | 2024-11-19 | by ( Aditi Bharade | ) www.businessinsider.com time to read: +3 min

AdvertisementAirbnb is planning to host gladiator fights in Rome's Colosseum. Some local lawmakers, meanwhile, aren't happy about Airbnb's event idea. Airbnb is attempting to kick off gladiator fights in Rome's historic Colosseum after 2,000 years, but local lawmakers in the Italian city are not impressed. The event is happening because of a $1.5 million tie-up between Airbnb and the Colosseum Archaeological Park, per CNN. However, some local lawmakers are not pleased.

Persons: Airbnb, Paul Mescal, Pedro Pascal, Denzel Washington, Tfilmvie, Lucius, Ridley Scott, Massimiliano Smeriglio, Smeriglio, Enzo Foschi, Foschi, Democratic Party of Rome didn't Organizations: CNN, Denzel, Airbnb, Democratic Party of Rome, Business Locations: candlelit, Airbnb, Rome, Barcelona, Spain, Portugal, Amsterdam

☆ The double threat of new Trump tariffs, wave of port strikes is coming for the supply chain in early 2025
▼ + stars: | 2024-11-19 | by ( Lori Ann Larocco | ) www.cnbc.com time to read: +3 min

Uncertainty among U.S. shippers is escalating into 2025 with the expectation of new Trump tariffs and the possibility of a new ports strike that could begin in mid-January. The earliest new tariffs could be in effect is in late February or early March, according to an alert from C.H. Travel time for ocean freight from China to the East Coast and Gulf Coast ports is 40-55 days. He added that making these types of decisions has become part of the typical uncertainty that the supply chain needs to be prepared to face. "I was running a high-tech manufacturing operation before I took this job and we did manufacturing through China," Rhodes said.

Persons: Honour Lane Shipping, Robinson, USMX, Corey Rhodes, Rhodes Organizations: Trump, CNBC, Honour Lane, ILA, United States Maritime Alliance, Whirlpool, AB InBev, Danone Locations: Asia, Southern California, New England, Texas, China, East Coast, Gulf Coast

☆ An anonymous celebrity is suing the Texas lawyer repping Diddy accusers, alleging he's trying to destroy the man's reputation
▼ + stars: | 2024-11-19 | by ( Natalie Musumeci | ) www.businessinsider.com time to read: +6 min

AdvertisementAn anonymous celebrity has sued attorney Tony Buzbee, accusing him of an extortion plot. A mystery celebrity has accused the high-profile Texas attorney who is representing dozens of clients in sex abuse lawsuits against Sean "Diddy" Combs of orchestrating an extortion plot meant to destroy his reputation. "It is obvious that the frivolous lawsuit filed against my firm is an aggressive attempt to intimidate or silence me and ultimately my clients," Buzbee said. "The letters were sent seeking a confidential mediation in lieu of filing a lawsuit," Buzbee said. The lawsuit filed against my firm is a prime example of that.

Persons: Tony Buzbee, Sean, Diddy, Combs, John Doe, Buzbee, Quinn Emanuel, Buzbee's, Jane, drugging, Defendants, Plaintiff, — Organizations: Los Angeles Superior Court, Business, Buzbee Locations: The Texas, Texas, Los Angeles, Houston, Brooklyn, New York

☆ Putin paying for 100,000 North Korean troops helps him delay a second mobilization: ISW
▼ + stars: | 2024-11-19 | by ( Matthew Loh | ) www.businessinsider.com time to read: +4 min

AdvertisementNorth Korean troops in Russia help Putin beyond sheer manpower needs — they help him at home, too. "The deployment of roughly 100,000 North Korean personnel would only replace Russian losses for less than three months," the think-tank wrote. In total, that could mean 100,000 North Korean troops cycling in and out of combat within a year, he said. The North Korean troops in Russia are believed to be special forces, which South Korean intelligence estimates say consist of about 200,000 members in total. AdvertisementSeoul also says that Russia is paying about $2,000 a month for each North Korean soldier.

Persons: Putin, ISW, Vladimir Putin, Kim, Russia's, Dmytro, Kim Jong Un Organizations: Putin, Kremlin, Institute for, Korean, Bloomberg, North Locations: Russia, The Washington, Moscow, Ukraine, Pyongyang, Kursk, Kyiv, North Korea, South Korea, America, Seoul, Korean, South

☆ What the charts say about Nvidia before earnings
▼ + stars: | 2024-11-19 | by ( Todd Gordon | ) www.cnbc.com time to read: +4 min

Since early last year Nvidia (NVDA) has become the Super Bowl of earnings and like the actual big game, it comes right at the end of the season. Fundamental outlook The analyst community is looking for Nvidia to report 75 cents in EPS on $33.13 billion in revenue, according to FactSet. Nvidia charts The prior quarter's growth rates are coming down from astronomical levels of multiple hundreds of percentage points. As a result Nvidia sold off on Aug 28 from around the $130 level all the way down to $101.50. Hedge on Nvidia, just in case We're looking at buying a Nov 22nd expiration $140 / $130 put debit spread, currently trading at $2.88.

Persons: Blackwell, NVDA, Elliott, Todd Gordon, Gordon Organizations: Nvidia, Blackwell, Philadelphia Semiconductor, Inside Edge Capital Management, NVDA, Inside Edge, CNBC, NBC UNIVERSAL Locations: NVDA

☆ RFK Jr. is Trump's pick to lead HHS — here's what he could do with that power
▼ + stars: | 2024-11-19 | by ( Annika Kim Constantino | ) www.cnbc.com time to read: +13 min

Kennedy will likely have some influence over who the president-elect chooses for those roles, health policy experts said. Ultimately, Kennedy's influence over immunization policy could lead to an increase in diseases preventable by vaccines, several health policy experts told CNBC. Investors are already bracing for a crackdown on food policy, with shares of processed food companies, such as Pepsi and Coca-Cola , falling on Friday. Seigerman said "there is little precedent in recent history for HHS policy dictating or affecting FDA regulation or approval of drugs." In 2023, pharmaceutical companies spent nearly $3 billion on advertising for the 10 most promoted drugs.

Persons: Robert F, Kennedy Jr, Thomas Machowicz, Donald Trump, Kennedy, Trump, trifecta, Spokespeople, Brandon Guerrero, Christina House, Gostin, Josh Michaud, Lawrence Gostin, Michaud, he's, Genevieve Kanter, Kanter, Covid, Richard Frank, Frank, Evan Seigerman, Seigerman, Dave Latshaw, Latshaw, Drugmakers, Joe Biden's, Amy Campbell Organizations: Reuters, Department of Health, Human Services, Republican, HHS, Affordable, Food and Drug Administration, Centers for Disease Control, National Institutes of Health, Centers, Medicare, Services, CNBC, CVS, Los Angeles Times, Getty, Health Defense, NBC News, FDA, NPR, Georgetown University, CDC, Vaccines, Children, Kennedy, NIH, University of Southern, Brookings Schaeffer Initiative, Health, pharma, RFK, BMO Capital, Pepsi, Trump, University of Illinois Chicago School of Law Locations: Phoenix , Arizona, U.S, Compton, Huntington Park, Kennedy ., University of Southern California

But the decline in support for Ms. Harris in some of the country’s most liberal areas is particularly notable. For example, in Fulton County, which contains most of Atlanta, Ms. Harris gained about 4,500 votes, but Mr. Trump gained more than 7,400. He similarly outran Ms. Harris where she made gains in Wake County, N.C., Lancaster County, Pa., and Montgomery County, Texas. In Milwaukee County in swing-state Wisconsin, Ms. Harris lost 1,200 voters compared with Mr. Biden’s total in 2020, while Mr. Trump gained more than 3,500. But he lost votes, as did Ms. Harris, in majority-Black counties, especially those in the South where turnout dropped overall.

Persons: Harris, Biden, Donald Trump, Kamala Harris’s, Joseph R, Iowa Kan, Trump, Larry Sabato, Mr, Sabato, “, Trump Harris, Eli Murray, Elena Shao, Charlie Smart, Christine Zhang, Biden’s, Christine Zhang Ms, Joel Benenson, Barack Obama’s, ” Mr, Benenson, Harris Trump, John McLaughlin, pollster, McLaughlin, ” Organizations: Trump, New York Times, Hawaii Idaho Ill, N.D . Ohio Okla, D.C, Biden, Mr, Harris Trump, Democratic, Lean Democratic, Lean Republican, Center, Politics, University of Virginia, Florida’s Miami, Republican, Republicans, Harris Trump Arizona, Indiana, Nebraska, Washington, of Columbia Locations: Ala, Alaska, Calif, Colo, Conn, Del, Fla . Ga, Hawaii Idaho, Ind, Iowa, Ky, La . Maine Md, Mass, Mich, Minn, Miss, Mo, Mont, Neb, N.H . N.J, N.M, N.Y, N.C, N.D . Ohio, N.D . Ohio Okla ., Pa, S.D . Tenn . Texas Utah, Va, Wash, W.Va . Wis, Wyo, Chicago, Los Angeles and New York, Texas, Florida, New Jersey, New York, Georgia, Fulton County, Atlanta, Wake County, Lancaster County, Montgomery County , Texas, Milwaukee County, Wisconsin, Milwaukee, Charlotte, Flint, Scranton, Dade County, Miami, Fresno County, Pinellas County, Fla, Black, Michigan, Nevada, Carolina, Alabama, Arkansas, California, Colorado, Connecticut, Delaware, Hawaii, Idaho, Illinois, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Minnesota, Mississippi, Missouri, Montana, Hampshire, Jersey, Mexico, York, Dakota, Ohio, Oklahoma, Oregon, Tennessee, Utah, Vermont, Virginia, Wyoming

KYIV, Ukraine — The Ukrainian capital was blanketed by darkness Monday, even as residents were bolstered by a sense that their American allies had — finally — seen the light. "It is excellent news for us and a significant move," Kyiv resident Maryna Vlasenko, 39, told NBC News. She also bemoaned the lengthy process and the continued limits on Ukraine's use of the long-range weapons, however. A charred vehicle sits outside a residential building in Sumy, Ukraine, after a Russian missile strike Sunday. “Ukrainians don’t have the luxury of waiting while Russia continues killing civilians in Mykolaiv, Sumy, and pushing on the eastern front,” he added.

Persons: —, Joe Biden, Donald Trump, Maryna Vlasenko, ” Vlasenko, ”, Kyiv's, Kim Jong, Alfons Cabrera, Volodymyr Zelenskyy, Vlasenko, Dmitry Peskov, Biden, ” Trump’s, Mike Waltz, “, John Hamilton, Michael Bociurkiw, “ They’re, ” Frank Ledwidge, Ledwidge, “ It's, Vladyslav Faraponov, Donald Trump’s, Faraponov, don’t, Daryna Mayer Organizations: Kremlin, NBC, Ukrainian Emergency, Getty, Army Tactical Missile Systems, White, Rossiyskaya Gazeta, Fox &, U.S . Army, Army Tactical Missile, Council’s Eurasia, England’s University of Portsmouth, Institute of American Studies Locations: KYIV, Ukraine, Russia, Russian, Odesa, Kursk, U.S, Moscow, Ukrainian, Sumy, Kyiv, Washington, Florida, AFP, “, British, Mykolaiv, Hong Kong

☆ The outlook for gold — as the granddaddy of gold ETFs turns 20
▼ + stars: | 2024-11-18 | by ( Bob Pisani | ) www.cnbc.com time to read: +8 min

The grandaddy of gold ETFs turns 20. Today, for the first time, thanks to the World Gold Council and State Street, you are able to buy gold just like it's a stock." They could own gold mining stocks, but there was an imperfect relationship between gold and gold miners. When the gold ETF was intrduced 20 years ago, there was a very small investor base for gold. In 2014, Van Eck launched the VanEck Merk Gold ETF (OUNZ), which provides the option to redeem shares for physical gold , including gold coins and bars.

Persons: I've, George Milling, Stanley, GLD, Van Eck, George Milling Stanley, We've Organizations: New York Stock Exchange, World Gold Council, State, Investors, U.S . Equity, State Street Global Advisors, United States Oil Fund, Street Global Advisors, Street Global, World Gold, U.S ., Trump, Trust, Street, MiniShares, NYSE, SEC, Edge Locations: United States, London, India, China, Turkey

☆ 2 health stocks are buys. They've been beaten up enough on Trump's RFK Jr. pick for HHS
▼ + stars: | 2024-11-18 | by ( Jeff Marks | ) www.cnbc.com time to read: +5 min

Following Monday's trade, Jim Cramer's Charitable Trust will own 550 shares of DHR, increasing its weighting to roughly 3.6% from 3.4%. Since the election, Danaher shares have fallen from $250 each to $230 while Eli Lilly shares have dropped from $806 to $720. LLY YTD mountain Eli Lilly YTD Eli Lilly shares fell from $903 to $846 after a disappointing third-quarter report where inventory destocking of its fast-selling GLP-1 medications caused the company to miss estimates and lower full-year guidance. But the possible appointment of RFK Jr. has created a whole host of uncertainty for Eli Lilly and the drug stocks at large. If you look out to 2026, Lilly shares are trading at roughly 24 times.

Persons: Jim Cramer's, Donald Trump, Robert F, Kennedy Jr, We're, Danaher, Eli Lilly, Bioprocessing, Eli Lilly's, Lilly, Jim Cramer, Jim Organizations: DHR, Care Sector Fund, Department of Health, Human Services, RFK Jr, National Institutes of Health, HHS, CNBC Locations: Danaher

☆ A 'silver tsunami' of retirement-age baby boomers is creating a big opportunity for real-estate investors, research firm says
▼ + stars: | 2024-11-18 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +3 min

AdvertisementThe growing ranks of boomers aged 65-plus could spark a boom in the senior housing market. It says this will drive strong demand for senior housing facilities, including assisted living, independent living, skilled nursing, and memory care. "That makes senior housing a compelling option for investors looking to break away from traditional property investment." Census Bureau/Capital EconomicsMeanwhile, around 11% of those over the age of 65 are currently living in a form of senior housing, according to the American Senior Housing Association. Related storiesRents, meanwhile, are seeing a strong uptrend, thanks to the supply of senior housing growing tighter after the pandemic.

Persons: that's, Imogen Pattison, Pattison Organizations: Capital, Capital Economics, Census, American Senior Housing Association, MAP

Federal prosecutors have accused Sean “Diddy” Combs of breaking jail rules in an attempt to manipulate witness testimony and taint the potential jury pool in his case, according to a court document filed Friday. His legal team is fighting the decision to keep Combs in federal custody and has requested a new bail hearing. Prosecutors filed an opposition to the motion in the Southern District of New York, accusing Combs of engaging in obstruction even while he sits behind bars. Jane Rosenberg / ReutersAccording to prosecutors, Combs has ordered payments to fellow inmates to use their telephone accounts and has used three-way calling to contact people who are not on his approved contacts list against federal prison regulations. Ventura settled with Combs a day after the lawsuit became public, and Combs denied all of the allegations in it.

Persons: Sean “ Diddy ” Combs, Combs, “, Jane Rosenberg, Diddy, ”, Casandra Ventura, Cassie, Ventura Organizations: Detention Center, Prosecutors, of, NBC News, ” Prosecutors, MDC, ”, Homeland Security Locations: Brooklyn’s, Southern, of New York, New York City, California , New York, Florida

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