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Sen. John Thune, R-S.D., the incoming Senate majority leader, said Friday that House Speaker Mike Johnson, R-La., will have "a really, really tough job," navigating a narrow majority. Thune also said he and Johnson could have a "strong working relationship," even though the two haven't worked closely before. Johnson won with a razor-thin majority of 218-215. But before the vote closed and was officially tallied, Reps. Ralph Norman, R-S.C., and Keith Self, R-Texas, switched their votes to vote for Johnson. Republicans have just a slim majority in the incoming House, with 219 GOP lawmakers elected to the chamber and 215 Democratic lawmakers elected.
Persons: Sen, John Thune, Mike Johnson, he’s, Thune, Kristen Welker, Johnson, Kevin McCarthy, Ralph Norman, Keith Self, Thomas Massie, Johnson's speakership, Trump, Biden, , ” Thune Organizations: Republican, Caucus, Republicans, GOP, Democratic Locations: Texas, Ky
See more mortgage rates on Zillow Real Estate on ZillowMortgage CalculatorUse our free mortgage calculator to see how today's mortgage rates would impact your monthly payments. 30-Year Mortgage Rates TodayAverage 30-year mortgage rates are in the high 6% range, according to Zillow data. 15-Year Mortgage Rates TodayAverage 15-year mortgage rates are hovering around the low 6% range, according to Zillow data. Average Mortgage Refinance Rates TodayRefinance rates have been comparable to purchase rates recently. In December, 30-year refinance rates averaged 6.52%, while 15-year refinance rates were around 5.88%.
Persons: it's, Donald Trump's, you'll, Freddie Mac, refinance Organizations: Federal Reserve, Mortgage Research Center, Zillow, Fed Locations: Chevron
Notre Dame stuns Georgia in an emotional Sugar Bowl
  + stars: | 2025-01-02 | by ( Jacob Lev | Jamie Barton | ) edition.cnn.com   time to read: +6 min
Notre Dame quarterback Riley Leonard delivered a quick strike wide receiver Beaux Collins for a 13-yard touchdown, taking a 13-3 lead to the locker room. Georgia quarterback Gunner Stockton made his first career start against Notre Dame in the Sugar Bowl. Notre Dame celebrates Sugar Bowl win. USA!”A Notre Dame player kneels and prays ahead of kickoff of the Sugar Bowl in New Orleans. Sixth-seeded Penn State will face seventh-seeded Notre Dame in the Orange Bowl on January 9, at Hard Rock Stadium in Miami Gardens, Florida.
Persons: revelers, RJ Oben, Gunner Stockton, Riley Leonard, Collins, Jayden Harrison, Gerald Herbert, Carson Beck, Stockton, Cash Jones, Leonard, Sean Gardner, Marcus Freeman, , “ I’m, I’m, It’s, Jonathan Bachman, Freeman, , ” Freeman, ” Leonard, Kirby Smart, ” Smart Organizations: CNN, Notre Dame, College Football, Fighting Irish, Bulldogs, ESPN, Duke, Sugar, Gatorade, Notre Dame’s, Caesars Superdome, New Orleans Police Department, , “ Notre Dame, bloods, Penn State, Orange, Cotton, Texas, Ohio State, AT, T, Mercedes, Benz Locations: Georgia, New Orleans, Notre, USA, Miami Gardens , Florida, Arlington , Texas, Atlanta
Turo is an app that allows people to rent out their cars to other drivers. The app was used to rent the vehicles used in two deadly incidents on New Year's Day. Turo is the car-sharing app used to rent the vehicles involved in deadly New Year's Day incidents in Las Vegas and New Orleans. Users get easy access to short-term rentals, while owners can rent out their vehicles as a side hustle or even a full-time business . AdvertisementIn September, Turo announced a partnership with Uber that will give users access to Turo rentals on the Uber app.
Persons: Turo, Shelby Clark, It's, Andre Haddad, Lea Suzuki, Getty Images Haddad, Uber, renter Organizations: Porsche, Carrera, Forbes, CNBC, San Francisco, Getty Images, eBay, Turo, Business Locations: Las Vegas and New Orleans, Turo, Canada, France, Australia, Lebanon
Treasury yields fall on first trading day of 2025
  + stars: | 2025-01-02 | by ( Sophie Kiderlin | In | ) www.cnbc.com   time to read: +1 min
ET on Thursday, the yield on the 10-year Treasury was down by three points to 4.5469%. The 2-year Treasury yield was last at 4.2271% after falling by over two basis points. U.S. Treasury yields were lower on the first trading day of the new year, as investors considered what could lie ahead for markets in the coming months. Bond markets re-opened Thursday after closing early Tuesday and remaining shut Wednesday in observance of New Year's Day. Treasurys had a choppy 2024, with the yield on the 10-year Treasury starting the year below 3.9%, before rising above 4.7% in the spring, retreating back to below 3.7% in the fall, and ending the year above 4.5%.
Persons: Treasurys Organizations: Treasury, U.S, Federal
The stock trades at just 18x forward EPS, which is an 18% discount to the S & P 500 compared to an historical average of about a 24% premium. At about 17.3x forward EPS, we believe that patient investors could be well rewarded over time as investment spending continues. Looking ahead, these efforts should allow BDX to consistently achieve its long-term growth algorithm of mid-single-digit organic revenue growth and low-double-digit EPS growth. BDX shares currently trade at 15.4x forward EPS – a significant discount to both the S & P 500 and its Medtech peers. Shares trade at 27.5x forward EPS and a 16% discount to Mastercard, which seems unwarranted.
Persons: Farr, Miller, Donaldson, DCI YTD, Danaher, Becton Dickinson, Becton, BDX, shortsightedness Organizations: DCI, Donaldson, Management, Valmont Industries, VMI, Valmont, DBS, Web Services, Artificial Intelligence, AMZN, Dickinson, Microsoft, Visa, Mastercard, Google, Android, Accenture, Information Technology, Consulting, Services, The Locations: Washington, American
Physical therapist Dr. Mario Mejia recommended dynamic stretching before a workout because it prepares the body for intense activity. “I’m a big dynamic stretch guy because that’s how we move,” said Mejia, who serves patients at Fox Rehabilitation in Rockville Centre, New York. When you rotate the upper body, the dynamic stretch will give a nice twist through the midsection. Static stretches are best after a workout to get the body back to a state of rest, Houlin said. You should hold each static stretch for 15 to 30 seconds for two to four sets, Mejia said.
Persons: , Whitney Houlin, Houlin, Mario Mejia, , Mejia, you’re, Cooldowns, it’s, glutes, Jocelyn Solis, Moreira Organizations: CNN, Fox Rehabilitation, CNN’s Locations: West Hartford , Connecticut, Rockville Centre , New York, cooldown, New York
Ridley Scott has advised against vacationing in Malta, a film location for "Gladiator II." Director Ridley Scott has advised people to avoid visiting Malta, one of the filming locations for his action flick, "Gladiator II." Advertisement"Gladiator II" received a €46.7 million — about $48 million — rebate for working in the country, according to the Times of Malta. She then urged the film industry to also focus on local talent, saying the industry "deserves much better." Representatives for Scott, Grech, Zahra, Delia, Paramount Global, and the Malta Film Commission did not immediately respond to a request for comment from Business Insider.
Persons: Ridley Scott, Scott, Christopher Nolan, Paul Mescal, Shane Anthony Sinclair, Johann Grech, Julie Zahra, Grech, Adrian Delia, Delia, Clayton Bartolo, Bartolo, Zahra Organizations: Times, Facebook, Malta Independent, Paramount Global, Malta Film, Business Locations: Malta, Times of Malta, Croatia, Iceland, Grech
See more mortgage rates on Zillow Real Estate on ZillowMortgage CalculatorUse our free mortgage calculator to see how today's mortgage rates would impact your monthly payments. 30-Year Mortgage Rates TodayAverage 30-year mortgage rates are in the high 6% range, according to Zillow data. 15-Year Mortgage Rates TodayAverage 15-year mortgage rates are hovering around 6.15%, according to Zillow data. In November, 30-year refinance rates averaged 6.62%, while 15-year refinance rates were around 5.96%. Mortgage rates are determined by a variety of different factors, including larger economic trends, Federal Reserve policy, your state's current mortgage rates, the type of loan you're getting, and your personal financial profile.
Persons: you'll, Freddie Mac, it's, refinance Organizations: Fed, Reserve, Mortgage Research Center, Zillow Locations: Chevron
6 ways to make 2025 a year of actual change
  + stars: | 2024-12-27 | by ( Aditi Shrikant | ) www.cnbc.com   time to read: +3 min
In his upcoming book "Change: Six science-backed strategies to transform your brain, body, and behavior," López outlines how to set goals so you actually accomplish them. Transform an 'avoidance goal' into an 'approach goal'New Year's resolutions often highlight perceived vices and how to indulge in them less. To give yourself a better chance at keeping your New Year's resolution, transform an avoidance goal into an "approach goal." Accomplishing this change in behavior is more manageable and will give you a boost of dopamine. Track effort not outcomeMany people focus on whether they obtained a desired result versus whether they've worked toward it.
Persons: Michael J, López, they've
CNN —Although President-elect Donald Trump wanted to start 2025 without having to worry about the debt ceiling, he did not get his wish. Addressing the debt ceiling, which will be reinstated on January 2, is still on the list of congressional Republicans’ New Year’s resolutions. Chip Somodevilla/Getty ImagesThe US last dealt with a debt ceiling crisis in early 2023, when it hit its $31.4 trillion debt limit. Moody’s cited the increasing cost of the nation’s swiftly rising debt load and the political polarization – including “renewed debt limit brinkmanship” – as the main reasons for concern. That will give lawmakers several months of breathing room to determine how to address the debt ceiling.
Persons: Donald Trump, Trump, Joe Biden, , JD Vance, Janet Yellen, Chip Somodevilla, it’s, Mandel Ngan, Fitch, Moody’s, , , Trump’s, Shai Akabas, Akabas, Annie Grayer Organizations: CNN, Republicans, GOP, Treasury Department, Senate, White House, Treasury, Civil, Disability Fund, Postal Service, Government Securities Investment Fund, Savings Fund, Federal Employees, Security, Getty, Fitch, Democrats Locations: AFP, America
Vicky Reynal, a financial psychotherapist and author of "Money on Your Mind," told CNBC Make It that there are psychological reasons behind our spending habits, and many of these attitudes stem from childhood experiences. Whereas someone who experienced childhood neglect may grow up with low self-esteem and act this out through money behaviors. This could include feeling guilty when spending money because they don't feel they deserve good things, or splashing the cash to impress because they feel unworthy of attention. A scarcity mindset means someone might struggle to enjoy the money they've earned and be anxious about spending it, Reynal added. Alternatively, there are people who grew up with little but became wealthy, and are now very careless with money.
Persons: Vicky Reynal, Reynal, they've, couldn't Organizations: CNBC
The S & P 500 is projected to end 2025 at 6,630, according to the average forecast in the poll. So, where are the best opportunities to put $50,000 to work with some risk involved? His largest allocation is $20,000 to the Vanguard Growth ETF (VUG), which has a 0.04% expense ratio and has returned about 37% year to date. It has outperformed the S & P 500 over the course of the last 10 years without adding much more market risk, he added. As protection against anticipated tariffs from the incoming administration, Humphries would invest $5,000 in the Vanguard Small-Cap Growth ETF (VBK).
Persons: Schwab, Anthony Saglimbene, financials, Trump, Saglimbene, James Humphries, Humphries, Mitchell Goldberg, VIG, Goldberg, Chuck Failla, Failla Organizations: CNBC Market, CNBC, Ameriprise, Wealth, Vanguard, Intelligence, Innovation Fund, Growth, nab, Nasdaq, Sovereign Financial Group, Trust Locations: U.S
CNN —There’s no place like home… to watch the “Wicked” movie. Universal Pictures, the studio behind the hit film, announced on Thursday that “Wicked” will be available to buy or rent on December 31 on digital streaming platforms including Prime Video and Apple TV. The streaming release will also include a plethora of bonus content, including a sing-along version of the film, behind-the-scenes featurettes, commentary from director Jon M. Chu and the film’s stars Cynthia Erivo and Ariana Grande, plus several deleted and extended scenes, according to a news release. “Wicked” stars Erivo, Grande, Jeff Goldblum, Bowen Yang, Peter Dinklage, Marissa Bode, “Bridgerton” star Jonathan Bailey and Oscar-winner Michelle Yeoh. The second installment will be titled “Wicked: For Good,” in a nod to one of the original musical’s popular songs, and will premiere in theaters on November 21, 2025.
Persons: CNN —, Jon M, Chu, Cynthia Erivo, Ariana Grande, Jeff Goldblum, Bowen Yang, Peter Dinklage, Marissa Bode, , Jonathan Bailey, Oscar, Michelle Yeoh, Gregory Maguire’s, “ Deadpool, Organizations: CNN, Universal Pictures, Prime, Apple TV, Broadway, Globes Locations: Grande, Oz
"Squid Game" season two has two major twists that reframe the story's direction. Warning: major spoilers ahead for "Squid Game" season two. Advertisement"Squid Game" season one ended with hope, but the second concluded with death and misery after an electrifying finale. AdvertisementThis time, the game makers add a new feature where contestants can vote to leave after every game. In-ho switches outfits to the signature mask and a black jacket of the games leader and confronts the now-captured Gi-hun and Jung-bae.
Persons: Seong, Hwang, Lee Byung, — Hwang, it's, Jung, Woo, Captain Park, Park, Will Gi Organizations: Netflix, bae, Captain
Cheaper versions of the drug, known as compounded tirzepatide, might be restricted in 2025. The FDA has announced that popular weight loss medication tirzepatide is no longer in shortage, potentially removing cheaper versions of the drug from the market by early 2025. With the official shortage over, the FDA has signaled it will crack down on compounded tirzepatide, affecting patients who've relied on the lower-priced medication. The cheaper option is sold in vials in an effort to sidestep supply-chain issues with the prefilled pens and compete with compounded drugs. More brand-name GLP-1 drugs are on the horizonMore FDA news could continue to change the trajectory of GLP-1 drugs in the coming months.
Persons: tirzepatide, Eli Lilly's, Ted Kyle, Eli Lilly, annoucement, Scott Brunner, Henry Meds, Ro, Kyle Organizations: FDA, semaglutide, Manufacturers, Alliance, Pharmacy
Amazon drivers can earn up to an extra $25,000 for the holidays if you thank them for a delivery. Amazon brought back its promotion that'll allow you to thank your delivery driver this holiday season. A delivery driver can only be thanked once per delivery. During the holiday season, Amazon drivers' shifts can be as long as 10 hours — and a serious workout. AdvertisementIn September, Amazon announced that it will spend $2.1 billion to give its delivery drivers a pay raise.
Persons: Alexa, It's, Steven Tweedie, Andrew Shearouse Organizations: Amazon, Post Office, UPS
For more on Sen. Joe Manchin of West Virginia, watch CNN’s “Inside Politics with Manu Raju” at 8 a.m. “They have basically expanded upon thinking, ‘Well, we want to protect you there, but we’re going to tell you how you should live your life from that far on,’” Manchin added. Let anybody have anything they want,’” Manchin added. He added that during the Army-Navy football game last weekend, he told the president-elect, “I want to help any way I can.”“I want you to succeed,” Manchin said he told Trump. The senator added the third party would be called the “American Party” and would serve as a space for moderate Democrats and Republicans.
Persons: Sen, Joe Manchin, Manu Raju ”, , it’s, Manchin, CNN’s Manu Raju, ” Manchin —, , Republicans don’t, , ” Manchin, “ I’m, , Greg Casar’s, Pramila, Raju, they’ve, Kamala Harris, Donald Trump, there’s, hasn’t, Kamala, Harris ’, Trump, ” Sen, Manu Raju, CNN Manchin, Joe Biden, who’s, Republican Party —, “ I’ll, Jim Justice, he’ll, “ It’s, Aaron Pellish, Clare Foran, Matt Holt Organizations: Washington CNN, West, Democratic Party, Democratic, Republicans, Republican, Progressive, Army - Navy, CNN, Biden, Trump, White, Democrat, Republican Party, American Party, West Virginia GOP Gov, GOP Locations: West Virginia, America, Washington ,, United States
CNN —This Christmas Eve, one lucky lottery ticket could celebrate with a Mega Millions jackpot nearing $1 billion – the largest prize ever offered in the month of December. With no one winning the jackpot Friday, the grand prize for Tuesday’s drawing ballooned from $862 million to $944 million, according to the lottery. Those tickets were sold in Arkansas, Illinois, Indiana and Pennsylvania, according to the Mega Millions website. But the jackpot has only been won once on Christmas Eve, according to Mega Millions. Overall, the chances of winning a Mega Millions jackpot are approximately 1 in 302.5 million.
Persons: jackpots, ” Joshua Johnston, “ There’s, , there’s Organizations: CNN, New Jersey Mega, Mega Millions, Millions, Mega Millions Consortium Locations: Tuesday’s, Arkansas , Illinois, Indiana, Pennsylvania, New Jersey, Illinois, Houston, Sugar Land
CNN —While shoppers rush to find the perfect holiday gift, the real treasure might just be hidden in one lucky lottery ticket. That’s because tonight’s Mega Millions drawing could yield a jackpot nearing $1 billion – the largest prize ever offered in the month of December. The Mega Millions jackpot surged to $862 million on Friday, Joshua Johnston, the lead director of the Mega Millions Consortium, told CNN, jumping up $37 million from a jackpot initially projected to be $825 million. SeptemberA Houston-area resident claimed September’s $800 million Mega Millions jackpot prize a month after purchasing the winning ticket at a gas station convenience store in Sugar Land. No one has ever won a jackpot on Christmas Day, according to the Mega Millions organization.
Persons: Joshua Johnston, ” Johnston, “ There’s, , there’s, jackpots, June, snagging Organizations: CNN, Mega Millions Consortium, Living Trust, Texas Lottery, Illinois Lottery, Illinois State, Jersey Mega, New Jersey Lottery Locations: Houston, Sugar Land, Illinois, Jersey, Monmouth County
The plans aimed to cancel some student debt for over 38 million borrowers. AdvertisementThe Education Department posted notices to withdraw its plans to cancel student debt for over 38 million borrowers. The withdrawal notices were for two of the department's unfinished debt relief rules. The Education Department did not immediately respond to a request for comment from Business Insider on the debt relief withdrawals. "We are deeply grateful to President Biden for the work he did to fight for the 40 million borrowers trapped in student debt," Yu said.
Persons: Joe Biden's, Trump, Biden, Sen, Bill Cassidy, Persis Yu, Yu Organizations: Education Department, Higher, GOP, Business, Public, Republican, Protection
An injection pen of Zepbound, Eli Lilly’s weight loss drug, is displayed in New York City on Dec. 11, 2023. The Food and Drug Administration on Thursday said the active ingredient in Eli Lilly's weight loss drug Zepbound is no longer in shortage, a decision that will eventually bar compounding pharmacies from making cheaper, unbranded versions of the injection. Zepbound and other weight loss drugs are not covered by many insurance plans, but Eli Lilly's diabetes counterpart Mounjaro is. It's the latest in a high-stakes dispute between compounding pharmacies and the FDA over a shortage of tirzepatide, the active ingredient in both Zepbound and Mounjaro. When a brand-name medication is in shortage, compounding pharmacies can prepare copies of the drug if they meet certain requirements under federal law.
Persons: Eli Lilly’s, Eli Lilly's, Zepbound, Eli, Mounjaro, Eli Lilly, Association — Organizations: Drug Administration, FDA, Association Locations: New York City
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
CNN —A women-only art installation accused of being “discriminatory” by a disgruntled man who was denied entry is reopening Thursday having successfully fought for its legal right to exist. The Ladies Lounge, at the Museum of Old and New Art (MONA) in Tasmania, Australia, was created five years ago by artist Kirsha Kaechele, the wife of the museum’s founder and owner David Walsh. The installation, complete with lavish decor and a butler serving champagne, carried on uninterrupted until Jason Lau visited Mona last year. When Lau was denied access to the Ladies Lounge on the basis of his male identity, he sued MONA for discrimination. In September the supreme court quashed the tribunal’s ruling, and MONA this week announced that the Ladies Lounge will reopen for a lap of honor from Thursday until mid-January, 2025.
Persons: Kirsha Kaechele, David Walsh, Jason Lau, Mona, Lau, MONA, ” Kaechele, Kaechele, Read Organizations: The Art, CNN, Museum, butlers Locations: Tasmania, Australia, Tasmania’s, Hobart
The Week 16 NFL Power Rankings will give it to them by recognizing a team MVP for all 32 clubs. Meanwhile, Jacobs is third in the league in rushing (1,147 yards along with 12 touchdowns) and is the tone-setter for this team. Pittsburgh Steelers (10-4)Last week: 7Sunday: Lost to Philadelphia Eagles 27-13MVP: Outside linebacker T.J. WattWatt left Sunday’s game after turning his ankle. On top of that, he’s averaging 53 rushing yards per game, the most among quarterbacks. Bijan Robinson already has surpassed last season’s totals in carries and rushing yards.
Persons: Josh Allen, Lamar Jackson, Saquon Barkley, Brown, Jalen, Barkley, Eric Dickerson’s, Josh Allen's, Allen, Lamar Jackson’s, Joe Burrow’s, Jared Goff It’s, Goff, Josh Jacobs, Jordan Love, he’s, Jacobs, Justin Jefferson, Sam Darnold, Jefferson, Quarterback Patrick Mahomes, Mahomes, Andy Reid, , Patrick Mahomes, T.J, Watt Watt, Watt, Vincent Carchietta, Jackson, Bo Nix Denver’s, Nix, Quarterback Jayden Daniels Denver’s Nix, Daniels, He’s, Mike Evans, Baker Mayfield, Evans, MIKE EVANS, eason, ince, arn, eno, assing, asser, ating,, s., enver, ames, hough, ike, ake, enver B, amara, ards., aguars, rian T homas J r., rian C, Q, rown, esmond R idder), ike D itka, ards), J acksonville, iants’ Organizations: NFL, Beat Pittsburgh Steelers, Eagles, Steelers, Washington, Packers, Beat Detroit Lions, Buffalo, Rams, New England Patriots, Detroit Lions, Buffalo Bills, EPA, Chicago Bears, Lions, Chiefs, Beat Seattle Seahawks, New, New Orleans Saints, Beat Chicago Bears, Vikings, Seattle Seahawks, Beat Cleveland Browns, Sunday’s, Houston Texans, Pittsburgh Steelers, Philadelphia Eagles, Pittsburgh, Sunday, Baltimore Ravens, Ravens, Beat New York Giants, Beat Indianapolis, Broncos, Los Angeles Chargers, Beat New Orleans Saints, Tampa Bay, Dallas Cowboys, ams, eads, ards, ust, ashington, yle, itts Locations: Buffalo, Green Bay, New Orleans, Tampa, ards
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