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CNN —The United States has vetoed a UN Security Council resolution that called for an immediate, unconditional and permanent ceasefire in Gaza, on the grounds it would not have secured the release of hostages. “We made clear throughout negotiations we could not support an unconditional ceasefire that failed to release the hostages. This resolution abandoned that necessity, and for that reason, the United States could not support it,” Wood added. The other four permanent members voted for it – including the UK, which has previously abstained from three other ceasefire resolutions shot down by the US. “There is an obvious urgency to implement an immediate and unconditional ceasefire.

Persons: “, Robert Wood, ” Wood, ”, Wood, Danny Danon, Israel ’, Majed Bamya, Carolyn Allison Rodrigues, Birkett, Nicolas de Riviere, Barbara Woodward, –, Israel Organizations: CNN, UN, Seven, Palestinian Authority, Security, Russia, UNSC Locations: United States, Gaza, Israel, Palestine, Lebanon, ”, Guyana, France

☆ Welcome to the shopping mall for the TikTok era
▼ + stars: | 2024-11-20 | by ( Dan Whateley | Amanda Perelli | ) www.businessinsider.com time to read: +6 min

A new brick-and-mortar store from the e-commerce startup Outlandish is bringing to life the world of TikTok Shop. In addition to TikTok Shop, Outlandish has experience working with brands to help them sell on Douyin and other social apps. Other TikTok Shop sellers have experimented with adding livestreaming spaces to their storefronts, such as the New York-based pre-owned luxury store What Goes Around Comes Around. Outlandish, which began in 2018 as a social shopping agency in China, is an official TikTok Shop partner. If that does happen, August said Outlandish's Santa Monica sellers could pivot to livestreaming on other platforms.

Persons: Anker, TikTok, Allison Wise, Amanda Perelli, William August, ByteDance, it'll, Outlandish's, Outlandish's Santa Monica Organizations: Goli, QVC, TikTok, US, Congress Locations: Los Angeles, China, Santa Monica's, influencers, Santa Monica, Asia, Los Angeles and New York, Mexico, Spain, America, New York, Santa, Outlandish's Santa, livestreams

☆ Video: Ex-Obama education secretary has a piece of advice for Trump’s pick Linda McMahon
▼ + stars: | 2024-11-20 | by ( Allison Love | ) edition.cnn.com time to read: 1 min

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☆ Trump’s Commerce secretary pick backas a crypto company that can’t seem to stay out of trouble
▼ + stars: | 2024-11-20 | by ( Allison Morrow | ) edition.cnn.com time to read: +5 min

It is effectively an unregulated, offshore bank that’s become a tent pole of the $3 trillion crypto industry. The tether token is known as a stablecoin, a kind of crypto that was created to hold its value steady while others, like bitcoin and ether, swing wildly minute to minute. The company is now one of the biggest players in crypto, with a daily trading volume that eclipses even bitcoin, the world’s most popular token. Tether told the WSJ in a statement that any suggestion it was involved in criminal activity was “outrageous” and that the company works actively with law enforcement to combat illicit activity. But Lutnick, a Bitcoin enthusiast whose Wall Street firm manages Tether’s stockpile of Treasury bills, has eagerly defended the stablecoin issuer.

Persons: New York CNN — Howard Lutnick, Cantor Fitzgerald, who’s, they’re, Brock Pierce, “, Giancarlo Devasini, “ There’s, we’ve, ” Lutnick, Donald Trump’s, —, didn’t, Lutnick, Gary Gensler, ” Faryar Shirzad, “ It’s, ” Organizations: New, New York CNN, US Commerce Department, Ducks, Street, Manhattan US, Treasury Department, Bloomberg, Economic, Commerce Department —, Treasury, Securities and Exchange Locations: New York, Russian, Davos, United States, bitcoin

☆ Federal jobs are known for their stability. Now they could be in jeopardy as Musk pushes for deep spending cuts.
▼ + stars: | 2024-11-19 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +8 min

Tech: We're in the middle of a white-collar recession, and tech workers are shouldering much of it . We're in the middle of a white-collar recession, and tech workers . AdvertisementElon Musk's government efficiency commission has been tasked with cutting government spending, raising questions about the future of millions of jobs. Tech jobs are mired in a recession. White collar hiring is in a huge slump, and tech workers are some of the hardest hit .

Persons: Trump hasn't, Tesla, Chelsea Jia Feng, Madison Hoff, Vivek Ramaswamy, Musk, Alice Tecotzky, John L, Dorman, Allison Robbert, Scott Bessent, Cantor Fitzgerald, Howard Lutnick, Marc Rowan, Kevin Warsh, Trump, Goldman Sachs, Morgan Stanley, Natalie Ammari, Uber, Verily, —, Rebecca Zisser, Elon Musk, Bluesky —, Jake Paul's, Netflix's Jake Paul, Mike Tyson, wasn't, Donald Trump's, Satya Nadella, Dan DeFrancesco, Grace Lett, Ella Hopkins, Hallam Bullock, Amanda Yen, Milan Sehmbi Organizations: Business, Google, Trump, Tech, Getty, Elon, Department of Education, Veterans Affairs, Department of Government, Social Security, Medicare, Twitter, Getty Government, Allison, Treasury, BCA Research, Goldman, BI, LinkedIn, Microsoft, China Economic, Security, Walmart Locations: Washington , DC, China, Brazilian, New York, Chicago, London

☆ AI is hitting a wall just as valuations reach the stratosphere
▼ + stars: | 2024-11-19 | by ( Allison Morrow | ) edition.cnn.com time to read: +5 min

The narrative from Silicon Valley is that the AI train has left the station and any smart investor had better hop on before these products become “superintelligent” and start solving all the world’s problems. Now, some of the leading language models appear to be hitting a wall, according to at least three reports last week. But if we have indeed hit a scaling wall, “it may mean that the the mega-cap technology companies have over-invested” and it’s possible that they could scale back in the near future. That’s the AI optimist/pragmatist view. For a less rosy outlook, I turned to Gary Marcus, NYU professor emeritus and outspoken critic of AI hype.

Persons: CNN Business ’, New York CNN — It’s, OpenAI, ”, that’s, “, Orion “, Ilya Sutskever, ” Sutskever, Marc Andreessen, Sam Altman, ” Gil Luria, Davidson, it’s, ” Luria, Gary Marcus, ” Marcus, “ LLMs Organizations: CNN Business, New York CNN, Nvidia, Tech, ” Bloomberg, ” Reuters Locations: New York, GPT

☆ Elon Musk and Vivek Ramaswamy want to 'delete' parts of the US government. It won't be easy.
▼ + stars: | 2024-11-19 | by ( Alice Tecotzky | John L. Dorman | ) www.businessinsider.com time to read: +7 min

AdvertisementElon Musk and Vivek Ramaswamy are set to co-lead the DOGE in President-elect Trump's second term. In their roles as co-leaders of the forthcoming Department of Government Efficiency, Elon Musk and Vivek Ramaswamy have vowed to "delete" government agencies, much like a line of code. "Or does it mean that a different federal agency will assume the responsibilities of collecting income taxes?" Allison Robbert-Pool/Getty Images"The president can't 'delete' departments — or even almost all of government's subunits. Kettl said that any effort to delete the functions of a department is "an even bigger battle" than trying to delete a department itself.

Persons: Elon Musk, Vivek Ramaswamy, Trump's, Ron DeSantis, Kevin Kosar, DOGE's, Ramaswamy, Donald Trump, Mordecai Lee, aren't, haven't, Kosar, Allison Robbert, Donald Kettl, Elaine Kamarck, Bill Clinton, Kamarck, Kettl, Lee, they've, nix, it's Organizations: Republicans, of Government Efficiency, Elon, Florida Gov, American Enterprise Institute, Fox News, Internal Revenue Service, Federal Bureau of Investigations, Alcohol, Firearms, Tobacco, Department of Education, University of Wisconsin -, Trump, Republican, University of Maryland, Brookings Institute, of Education, Farmers, of Agriculture, USDA, Conservative Locations: Florida, University of Wisconsin - Milwaukee

☆ I'm a private chef who loves shopping at Trader Joe's. Here are 10 items I always buy when creating meals for my clients.
▼ + stars: | 2024-11-16 | by ( Allison Wellman | ) www.businessinsider.com time to read: +1 min

AdvertisementI'm a private chef, and Trader Joe's is my go-to store for buying unique yet versatile ingredients. To avoid waste, I prioritize buying items that can be used in several dishes. Some of my favorites items include Trader Joe's orzo and Green Goddess seasoning blend. As a private chef, I prepare a variety of meals each week for my clients. This allows me to make the most of my clients' grocery budgets and avoid food waste.

Persons: Joe's

CNN —More than half a million people have been evacuated from their homes as Super Typhoon Man-yi made landfall along the eastern coast of Catanduanes, Philippines on Saturday. A further 18,000 were preemptively evacuated from the Eastern Samar and Samar provinces, PNA reported, with patients and staff members of Eastern Samar’s Arteche District Hospital being evacuated to the area’s municipal hall. Man-yi underwent rapid intensification on Friday, jumping from a tropical storm early Friday to a super typhoon early Saturday. Hundreds of thousands of people were evacuated from their homes as others made preparations for the typhoon ahead of its landfall on Saturday. After crossing Catanduanes, Man-yi is expected to make another landfall about 70 miles (110 km) northeast of Manila Sunday afternoon.

Persons: Joseph Boboy Cua, “, ”, Charism Sayat Organizations: CNN, Reuters, Philippine News Agency, PAGASA, Facebook, Getty, Manila Sunday Locations: Catanduanes, Philippines, Bicol, Northern Samar, Eastern Samar, Samar, Eastern Samar’s Arteche, area’s, AFP, Manila, Luzon

“We know they can do it.”More than 300,000 women served tours of duty in Iraq and Afghanistan, Manning said. More than 9,000 women received Army Combat Action Badges for “actively engaging or being engaged by the enemy,” according to a 2015 report by the nonpartisan Congressional Research Service. Two were given a Silver Star, the third-highest military combat decoration, for “gallantry in action,” the report said. Manning said another 383 women were awarded a Purple Heart — the nation’s oldest military award, which recognizes sacrifice and heroism. “To cast this wide net and say women shouldn’t serve in combat — well, guess what?

Persons: Pete Hegseth, Donald Trump’s, ”, hasn’t, ” Hegseth, Shawn Ryan, Ben Shapiro, “ I’m, Ash Carter, Shapiro, “ shouldn’t, Lory Manning, Manning, “, Allison Jaslow, Jaslow, ” Jaslow, Trump, Hegseth, Steven Cheung, Trump’s, Sen, Tammy Duckworth, ” Duckworth, Raquel Durden, shouldn’t Organizations: U.S, Army, NBC News, Fox News, Pentagon, Army Rangers, Green Berets, Navy, Marine Corps, Air Force, ”, Defense Department, Service, Congressional Research Service, Star, Afghanistan Veterans, Army’s Ranger, Republican, Army National Guard, CNN Locations: U.S, America, Iraq, Afghanistan, California, Guantánamo Bay, Cuba

☆ Bob Iger is the most confident man in Corporate America
▼ + stars: | 2024-11-15 | by ( Allison Morrow | ) edition.cnn.com time to read: +5 min

(Translation: No one knows what the heck is going to happen with Donald Trump in the White House again. But more on that in a moment…)“This is a happy plot twist for Disney,” Paul Verna, vice president at research firm eMarketer, told me. Of course, the third act of the hero’s journey has its own pitfalls, which Disney still has to navigate. “We, in many respects, have already consolidated,” Iger said on Thursday’s earnings call. As in any good final act, the journey should, at the very least, be entertaining.

Persons: CNN Business ’, —, Bob Iger, Donald Trump, ” Paul Verna, Iger, Deadpool, underwhelmed, Joe Biden, ” Iger, “ Trump, ” Verna, Trump, ” Trump, Kamala Harris, George Stephanopoulos, Iger —, Trump’s, Disney Organizations: CNN Business, New York CNN, Walt Disney Company, Disney, ABC, FX, ESPN, Marvel, Lucasfilm, Marvel Studios, Corporate America, Trump Locations: New York, America

☆ Elon Musk is a showman, not an accountant
▼ + stars: | 2024-11-14 | by ( Allison Morrow | ) edition.cnn.com time to read: +6 min

The merch will be 🔥🔥🔥”If you need more evidence of how silly this whole thing is, note (as many commentators did online) that the efficiency department is being overseen by two people. On the campaign trail last month, Musk was asked how much he thought he could cut from the nation’s $6.5 trillion budget. Musk would be lucky to find $200 billion in the federal budget, former Treasury Secretary Larry Summers said at the Economic Club of New York on Tuesday. Even Trump joked to House Republicans on Wednesday that he can’t get rid of Musk, a source in the room told CNN. And that means Musk himself, as Tesla’s largest individual shareholder, is $55 billion richer today than he was a week ago.

Persons: Donald Trump, Elon Musk, ”, he’s, Vivek Ramaswamy, ” Trump, Elon, Vivek, Trump, Musk, ments on Organizations: New, New York CNN, bro, “ Department, Government, Ford, United Airlines, Republican Congress Locations: New York, le

☆ Trump's transition team aims to kill Biden EV tax credit: Reuters
▼ + stars: | 2024-11-14 | by ( ) www.cnbc.com time to read: +3 min

Win Mcnamee | Getty Images News | Getty ImagesPresident-elect Donald Trump's transition team is planning to kill the $7,500 consumer tax credit for electric-vehicle purchases as part of broader tax-reform legislation, two sources with direct knowledge of the matter told Reuters. Ending the tax credit could have grave implications for an already stalling U.S. EV transition. Representatives with the Trump transition and Tesla did not immediately respond to requests for comment. The alliance last month in an Oct. 15 letter urged Congress to retain the EV tax credits, calling them "critical to cementing the U.S. as a global leader in the future of automotive technology and manufacturing." Trump's energy transition team views the consumer EV credit as an easy target, believing that eliminating it would get broad consensus in a Republican-controlled Congress as part of a larger tax-reform bill.

Persons: Joe Biden, Biden, Win Mcnamee, Donald Trump's, Tesla, Elon Musk, Joe Biden's, oilman Harold Hamm, Doug Burgum, Mary Barra, Ngan, Trump, Donald Trump, Allison Robbert Organizations: White, Washington , D.C, Getty, Reuters, Trump, EV, Motors, Continental Resources, North Dakota, General Motors, Chevrolet Silverado, Huntington Place Convention, Afp, Alliance, Automotive Innovation, Tesla, Republican, Republicans, Hyatt Locations: Washington ,, Detroit , Michigan, Florida, Washington , DC

☆ Pete Hegseth: Trump’s Pentagon pick aims for clash with top military leadership
▼ + stars: | 2024-11-14 | by ( Jeremy Herb | Haley Britzky | ) edition.cnn.com time to read: +13 min

A Princeton and Harvard grad, Hegseth was CEO of the conservative veteran’s advocacy organization, Concerned Veterans for America, beginning in 2006. He has 20 years’ experience in the military, having served in the Army National Guard as an infantry officer from 2002 to 2021 and leaving service as a major, according to military service records. He also worked as a guard at the US military base at Guantanamo Bay, Cuba, from June 2004 to April 2005. Hegseth has been awarded two Bronze Stars from his combat service. In one June interview on Fox, Hegseth bemoaned the state of the US military’s procurement system and the threat posed by China’s growing military.

Persons: Donald Trump’s, Pete Hegseth, Hegseth, CQ Brown, —, “ Fox, ”, Trump, ” John Noonan, ‘ You’ve, Hugh Hewitt, “, they’re, Shawn Ryan, you’ve, ” Hegseth, Brown, Staff —, shouldn’t, Obama, Ben Shapiro, America Allison Jaslow —, who’ve, ” Jaslow, –, Biden, neocon, Hegseth –, neocon ”, he’s, ’, they’ve, Vladimir Putin’s “, Ryan, King, warcrimes, Matthew Golsteyn, Clint Lorance –, Eddie Gallagher, Mark Esper, Gallagher, Golsteyn, Lorance, Jaslow, Tim Parlatore, “ Everyone’s, ” CNN’s Oren Liebermann Organizations: CNN, Fox News, Joint Chiefs, Army National Guard, Star, Pentagon, Trump, Princeton, Harvard grad, Veterans, Republican, Defense Department, Armed, Navy, of Defense, Staff, Air Force, Army Ranger School, Army Special Forces, Naval, Warfare Command, Afghanistan Veterans, Ranger School, Defense, Iraq, Fox, United, “ Fox, ”, warcrimes CNN, United States Senate Locations: China, Ukraine, America, Iraq, Afghanistan, Guantanamo Bay, Cuba, Washington, United States, Washington ,, Trump, Europe, Poland

☆ Video: Congress hears testimony that alien life-forms exist. Why astrophysicist says he’s skeptical
▼ + stars: | 2024-11-14 | by ( Allison Love | ) edition.cnn.com time to read: 1 min

☆ Video: Doctor reacts to Trump picking RFK Jr. for HHS secretary
▼ + stars: | 2024-11-14 | by ( Allison Love | ) edition.cnn.com time to read: 1 min

☆ Analysis: A Trump bitcoin promise is what crypto fans once fought against. They love it anyway
▼ + stars: | 2024-11-13 | by ( Allison Morrow | ) edition.cnn.com time to read: +4 min

New York CNN —The crypto industry, an institution founded on the principle of getting the government’s greedy hands off the people’s currency, is booming. They may have finally convinced the government to get its hands on bitcoin. And second: He would create a national bitcoin reserve by preventing the government from selling the assets it has seized in criminal cases. I asked several experts this week about that apparent inconsistency in the crypto ethos. “This, by itself, represents an enormous symbolic win for the crypto industry that two years ago was being spoken of as dead in the water.”

Persons: CNN Business ’, Donald Trump, Faryar Shirzad, “, we’ve, ” Trump, ”, Sam Bankman, Trump, Gary Gensler, can’t, Gensler, Robert F, Kennedy Jr, Fort Knox ”, Sam, shouldn’t, Molly White, ’, Zeke Faux, ” Yesha Yadav Organizations: CNN Business, New York CNN, Securities and Exchange Commission, SEC, Vanderbilt University Locations: New York, Fort

In just one hour, nearly a month’s worth of rainfall inundated the city of Malaga, in Spain’s Andalusia region, according to the country’s meteorological agency AEMet. The southern Spanish province picked up roughly 100 millimeters (4 inches) of rain so far on Wednesday, 78 millimeters (3 inches) of which fell within an hour. The Malaga City Council issued evacuation orders Wednesday near the Campanillas River due to the risk of overflowing. The coastal area of Valencia province has now been issued a red weather warning for Thursday. The City Council of Valencia announced that school activities are suspended throughout Valencia city and its districts this Wednesday and Thursday to avoid risks.

Persons: Antonio Sanz, Billie Jean King, Transport Óscar Puente, Carlos Mazón’s Organizations: CNN, Malaga City, Ministry of Transport, Sustainable Mobility, Billie Jean King Cup, Authorities, Spain’s, Transport, City Council of Valencia Locations: Spain, Valencia, Malaga, Andalucia ., Spain’s Andalusia, Spanish, Andalusia, Catalonia, Madrid, Poland, Granada, Tarragona, Seville, Cádiz, Huelva

☆ Lina Khan likely to be fired as FTC Chair under a Trump presidency
▼ + stars: | 2024-11-12 | by ( Allison Morrow | ) edition.cnn.com time to read: +5 min

Representatives for Trump’s transition team and the FTC didn’t respond to requests for comment. Wall Street, which has been on a tear since Trump’s decisive victory last week, appears to be ready to turn the page on the Khan era. Similarly, the FTC has gone after Big Tech, Big Pharma and even Big Mattress in the name of keeping competition robust. To them, Khan and her DOJ partner in trustbusting, Jonathan Kanter, represent a threat to the bottom line. Since last week’s election, both Kroger and Albertsons shares have risen sharply as investors anticipate the deal would face little resistance under Trump’s FTC.

Persons: CNN Business ’, New York CNN — Lina Khan’s, Donald Trump, Khan, she’s, Lina Khan, Jennifer Rie, kowtow, Jonathan Kanter, Elon Musk, Trump, ” Barry Diller, “, ‘, Republican “ Khanservative, JD Vance, Gail Slater, Vance, ”, David Kostin, Goldman Sachs, Kostin, Donald Trump’s, Brian Gardner, ” Gardner, Susie Wiles Organizations: CNN Business, New York CNN, Federal Trade Commission, FTC, Republican, Bloomberg Intelligence, CNN, Justice, Albertsons, Big Tech, Big Pharma, IAC, Democratic, Bloomberg, Kroger, Trump’s FTC, Goldman Sachs ’, White, Trump, Federal Reserve Locations: New York, it’s, trustbusting, Washington

We've put together everything you need to know about where to watch St. Denis Medical, including live streaming and on-demand details. St. Denis Medical follows the administrative and medical employees at an underfunded hospital in Oregon. At the helm is sitcom mainstay Wendi McLendon-Covey, of Reno 9-1-1, and The Goldbergs fame, who plays the executive director of St. Denis Medical. At $8/month, the plan will let you watch episodes of St. Denis Medical with ads the day after they air. Check price at ExpressVPNSt. Denis Medical trailerNBC dropped an official trailer for St. Denis Medical in mid-August.

Persons: We've, Denis Medical, Wendi McLendon, Covey, Allison Tolman, Kaliko Kauahi, Josh Lawson, David Alan Grier, Mekki Leeper, Kahyun Kim, Justin Spitzer, Eric Ledgin, Spitzer, Ledgin, you've, we'll, Peacock, Fubo, ExpressVPN, Denis Organizations: Business, NBC, American Auto, Parks, Recreation, St, Peacock, DirecTV, MSNBC, Warner Bros, DirecTV Stream, ExpressVPN St, Denis Medical Locations: Oregon, Reno, America, Peacock's, USA, ExpressVPN

☆ Bobby Allison, NASCAR Hall of Famer and 3-time Daytona 500 winner, dies at 86
▼ + stars: | 2024-11-10 | by ( The Associated Press | ) www.nbcnews.com time to read: +4 min

Bobby Allison, founder of racing’s “Alabama Gang” and a NASCAR Hall of Famer, died Saturday. He was the 1983 NASCAR champion, finished second in the series title race five times, and a three-time winner of the Daytona 500. Allison was inducted into the Motorsports Hall of Fame in 1992 and into the NASCAR Hall of Fame along with Ned Jarrett, Bud Moore, Pearson and Lee Petty. “Though he is best known as one of the winningest drivers in NASCAR Cup Series history, his impact on the sport extends far beyond the record books. Allison is one of 10 drivers to have won NASCAR’s career “grand slam” that includes the Cup Series’ most iconic races: the Daytona 500, the Winston 500, the Coca-Cola 600 and the Southern 500.

Persons: Bobby Allison, Allison, Jim France, Darrell Waltrip, Mike Helton, of Famers Richard Petty, David Pearson, Jeff Gordon, “ Bobby, ”, “, Cale Yarborough, “ Cale, ” Allison, Donnie, Red Farmer, Jimmy Mears, Neil Bonnett, Allison’s, Davey, Clifford, Bobby, Judy, Ned Jarrett, Bud Moore, Pearson, Lee Petty, “ Bobby Allison, ’ ”, Roger Penske Organizations: Alabama, NASCAR, of Famer, NASCAR’s, Meyers, Bowman Gray, France, of Famers, of Fame, Catholic, Sunshine State, Talledega Superspeedway, Busch, Michigan International Speedway, Motorsports Hall of Fame, Winston, Indy Locations: Mooresville , North Carolina, North Carolina, Miami, Alabama, Florida, Hueytown , Alabama, Talladega, ’ ” France

☆ I went back to work a week after giving birth. I felt guilty but it made me feel like myself again.
▼ + stars: | 2024-11-09 | by ( Fortesa Latifi | ) www.businessinsider.com time to read: +7 min

Fortesa Latifi went back to working only one week after giving birth and felt intensely guilty. AdvertisementI didn't want to soak up every minute of 'leave'As a contractor and freelance writer, my maternity leave wasn't a given. Allison Venditti, the founder of Moms at Work, an organization for working moms, said leaving maternity leave early isn't uncommon. "The most important thing, I think, is for people to have choice — choice in how they approach work and family, choice to go back to work early, choice to take more time off," Venditti said. We deserve federally mandated maternity leave; it's truly barbaric that we are one of only six countries without guaranteed paid maternity leave.

Persons: Fortesa Latifi, Latifi, —, Wegener, she's, Emily Kaplan, Kaplan, Allison Venditti, I've, Emily Scorgie, Venditti Organizations: Service Locations: Los Angeles, Kalamazoo , Michigan, Silver Spring , Maryland, Dallas , Texas, American

With the glaring exception of the presidential race, North Carolina Democrats had a good 2024 election. Those results largely comport with decades of political trends in North Carolina. For decades, voters in North Carolina have shown a propensity to elect Republicans for federal office while supporting Democrats in downballot statewide races. North Carolina, which holds its races for governor in presidential election years, has voted for the Republican presidential candidate in every election but one since 1980. “Welcome to the political legacy and history and trajectory of North Carolina politics.

Persons: Kamala Harris, Donald Trump, Mark Robinson’s, “, Mark Robinson, ”, Josh Stein, Robinson, Rachel Hunt, Republican Hal Weatherman, Stein, Jeff Jackson, Republican Dan Bishop, Elaine Marshall, Republican Chad Brown, Democrat Maurice Green, Republican Michele Morrow, Republican Catherine Truitt, Morrow, Republican Jefferson Griffin, Allison Riggs, Democrats downballot, Sam Newton, Newton, Weatherman, didn’t, Trump, It’s, Michael Bitzer, ” Newton, Bitzer Organizations: North Carolina Democrats, Republicans, Republican, Gov, North, North Carolina GOP, Democrat, Democrats, Associated Press, Democratic, NBC, Democratic Governors Association, CNN, National Democrats, Democratic National Committee, Catawba College, Trump Locations: North Carolina, downballot, Carolina, Charlotte

☆ President-elect Trump's second term: What's ahead for the American economy
▼ + stars: | 2024-11-08 | 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 EmailPresident-elect Trump's second term: What's ahead for the American economyAllison Schrager, Manhattan Institute senior fellow, and Natasha Sarin, Yale Law School and Yale School of Management professor, join 'Squawk Box' to discuss what's ahead for the American economy under a second Trump term, President-elect Trump's economic priorities, the economic impact of Trump's tariff proposals, and more.

Persons: Trump's, Allison Schrager, Natasha Sarin Organizations: Manhattan Institute, Yale Law School, Yale School of Management, Trump

☆ How prediction markets saw something the polls and pundits didn’t
▼ + stars: | 2024-11-08 | by ( Allison Morrow | ) edition.cnn.com time to read: +5 min

The basic theory behind prediction markets is that a lot of people with money on the line can better predict an outcome than any one expert. “Financial markets are generally pretty efficient, and the evidence suggests that the same is true of prediction markets,” Eric Zitzewitz, an economics professor at Dartmouth, tells me. The shares trade between $0 and $1, and once the event is resolved, shares tied to the correct outcome pay out a dollar. If you bought Trump shares on Monday, when they were 58 cents, you can expect to make 42 cents on the dollar. Later that fall, the popular betting market PredictIt gave Hillary Clinton an 82% chance of beating Donald Trump.

Persons: CNN Business ’, pollsters, Donald Trump’s, Trump, Kamala Harris, PredictIt, Eric Zitzewitz, “, aren’t, Taylor Swift, Travis Kelce, You’re, Shayne Coplan, Harris, Coplan, ” Zitzewitz, ”, “ Brexit, Hillary Clinton, Donald Trump, Clinton, Nate Silvers, Ann Selzers, FiveThirtyEight Organizations: CNN Business, New York CNN, Wednesday, “, Dartmouth, Chiefs, Lions, Ravens, Trump, Bloomberg, CNBC, European Union Locations: New York, America, United Kingdom

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