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With just weeks until a December 20 spending deadline, negotiators in the House and Senate are trying to find a path forward on yet another short-term spending bill to run into next year — a move that will force incoming President Donald Trump to contend with a funding battle in his first months of his presidency and smack dab in the middle of what is expected to be a contentious confirmation season. The length of that bill as well as what else is included in it is still an active discussion, sources tell CNN. Doing so would help protect the speaker from a right flank that loathes an end-of-year mega spending bill, known as an omnibus. For now, negotiators are trying to nail down an agreement on what else will be included in the package. A top target: A disaster aid package to help areas ravaged by hurricanes this fall — and how big that package will be remains an active discussion.

Persons: Donald Trump, Chuck Schumer, Mike Johnson Organizations: CNN

☆ Stocks making the biggest premarket moves: U.S. Steel, AT&T, Synchrony Financial, CVS and more
▼ + stars: | 2024-12-03 | by ( Michelle Fox | ) www.cnbc.com time to read: +3 min

Check out the companies making the biggest moves in premarket trading: U.S. Steel — Shares tumbled 7% after President-elect Donald Trump said late Monday he will block the purchase of the steelmaker by Japan's Nippon Steel. A deal was reached in late 2023 for Nippon Steel to buy U.S. Steel, but it has since encountered political opposition. Synchrony Financial — The Stamford, Connecticut-based credit card issuer rose more than 1% after an upgrade to overweight from equal weight at Wells Fargo. Zscaler — The cloud security company forecast for fiscal second quarter revenue nearly matched analysts' estimates, sending shares 7% lower in early trading. CVS Health — Shares rose 1.4% after Deutsche Bank upgraded the drug store chain and pharmacy benefit mansger to buy from hold.

Persons: Donald Trump, Morgan Stanley, Zscaler, Jesse Pound, Hakyung Kim, Sarah Min, Pia Singh Organizations: . Steel, Japan's Nippon Steel, Nippon Steel, Synchrony, Trump, Technology, CVS, Deutsche Bank Locations: Stamford , Connecticut, Wells Fargo

☆ Here are Tuesday's biggest analyst calls: Nvidia, Apple, Tesla, Citi, CVS, American Express, Amazon, Kroger & more
▼ + stars: | 2024-12-03 | by ( Michael Bloom | ) www.cnbc.com time to read: +5 min

Bernstein downgrades FedEx to market perform from outperform Bernstein said it was downgrading FedEx ahead of earnings later this month due to fears about execution. "We are upgrading Citi to Outperform from Market Perform owing to its discounted valuation and the meaningful lag in its shares relative to peers since October earnings." Deutsche Bank upgrades CVS to buy from hold Deutsche says it sees "improving profitability" for CVS. BMO downgrades Kroger to market perform from outperform BMO says the grocery store stock is overvalued. Bank of America reiterates Apple as buy Bank of America says it's sticking with its buy rating Apple following data showing an increase in App Store revenue.

Persons: Wells, Bernstein, KBW, Jefferies, Morgan Stanley, CFRA, Tesla, it's, OLLI, Mgmt, Mizuho, MoffettNathanson, Moffett Organizations: Citi, Citigroup, FedEx, Deutsche Bank, CVS, Deutsche, BMO, Kroger, KR, American Express, Holdings, Bank of America, underperform Bank of America, Underperform, " Bank of America, Apple, Nvidia, Data Center, 2027E Locations: Wells Fargo, F1Q25, North America

☆ Morgan Stanley has a new AI stock play, that's applying the technology to law enforcement
▼ + stars: | 2024-12-03 | by ( Sean Conlon | ) www.cnbc.com time to read: +2 min

Axon Enterprise could be set up for continued gains in the months ahead, according to Morgan Stanley. Analyst Meta Marshall upgraded the stock to overweight, and her price target of $700 reflects about 10% upside from Monday's close. This comes as the stock has risen more than 146% year to date. "While the name is expensive and may need to grow into valuation given run YTD, over the long term, we see it as a core holding." "As a result, we are more willing to ascribe value to AI portfolio pulling through other products, which could lead to additional valuation upside (as prelim AI portfolio pull through is likely built into price after recent run)," Marshall continued.

Persons: Morgan Stanley, Meta Marshall, Marshall, FactSet –

☆ Morgan Stanley says Black Friday made retail winners even more clear. See which stocks it likes
▼ + stars: | 2024-12-03 | by ( Alex Harring | ) www.cnbc.com time to read: +2 min

Morgan Stanley said Black Friday traffic provided further evidence that some retail names are outperforming their peers. Equity analyst Alex Straton said Black Friday proved to be a "powerful demand catalyst" as shoppers searched for the best deals online and in store. However, the analyst does have an idea of what stocks are currently on the top performers list from the softline retail cohort. Straton called Lululemon the "clear winner" within sportswear. Investors should be discerning when thinking about these retail winners and losers as stock plays.

Persons: Morgan Stanley, Alex Straton, laggards, Straton, Lululemon, bode, LULU, Kate Spade Organizations: Black, LSEG, Wall Street, American Eagle Outfitters

President-elect Donald Trump was wavering in recent days between two candidates to replace FBI Director Christopher Wray: Kash Patel and Missouri Attorney General Andrew Bailey, sources told CNN. Trump interviewed both Bailey and Patel at his Mar-a-Lago home earlier this month, and regularly talked to them by phone as he weighed his decision. “It came down to a matter of what Trump wants and what he was looking for in terms of an FBI director. And Bailey didn’t fit that mold, he didn’t have the personality,” one Trump adviser involved in the conversations told CNN. As of late last week, some close to Trump believed it was a “toss up” between Patel and Bailey as to who the president-elect would pick, according to a source familiar with the discussions.

Persons: Donald Trump, Christopher Wray, Kash Patel, Andrew Bailey, Trump, Patel, Donald Trump Jr, Eric Trump, Stephen Miller, Bailey, Trump wasn’t, didn’t Organizations: CNN, Department of Justice, FBI, Trump Locations: Missouri, Trump

☆ Stocks making the biggest moves midday: Super Micro Computer, Tesla, Intel, Stellantis and more
▼ + stars: | 2024-12-02 | by ( Brian Evans | ) www.cnbc.com time to read: +2 min

Tesla — The electric vehicle stock gained more than 3% after a Roth MKM upgrade to buy from neutral. The firm cited President-elect Donald Trump's close ties with CEO Elon Musk as a positive catalyst for Tesla's brand. Gap — Shares of the clothing retailer moved nearly 7% higher after receiving an upgrade to overweight at JPMorgan. Analyst Mike Harris said both cyclical and structural factors, including Trump's views on trade, could aid earnings growth for the broader industry. Dana — The auto parts manufacturer surged 14% on the heels of Barclays' upgrade to overweight from equal weight.

Persons: Pat Gelsinger, David Zinsner, Michelle Johnston Holthaus, Tesla, Roth, Donald Trump's, Elon Musk, Stellantis, Carlos Tavares, Tavares, Goldman Sachs, Mike Harris, Goldman, Okta, Morgan, Morgan Stanley, Dana —, Yun Li, Sarah Min, Sean Conlon, Alex Harring Organizations: Intel, JPMorgan, Commercial Metals Company —, Metals, Barclays Locations: Cleveland, Commercial Metals Company — Cleveland

CNN —Key Republican senators promised on Monday that President-elect Donald Trump’s pick to lead the FBI, Kash Patel, will be vetted through the confirmation process. At the same time, two incoming committee chairs suggested openness to Patel and Trump’s other nominees not undergoing full FBI background checks as has traditionally been done. CNN has reported that Trump’s transition team is bypassing traditional FBI background checks for at least some of his Cabinet picks. “No, I’ll let that be a decision that President Trump makes,” he said when asked if he will insist on background checks performed by the FBI. “My position is what President Trump decides to do is what I will support.”It’s unclear how many Republican senators would be open to not having FBI background checks for nominees, and other key senators have already affirmed the importance of background checks.

Persons: Donald Trump’s, Kash Patel, Patel, Trump, “, ”, Sen John Thune, Thune, Republican Sen, Michael Crapo, Robert F, Kennedy Jr, Pete Hegseth, GOP Sen, Susan Collins, Hegseth, “ We’re, Hegseth’s, ” Hegseth, Mike Lee, Bill Hagerty, Rick Scott, Ted Cruz, Cynthia Lummis, Lummis, childs, They’re, ” Cruz, hasn’t, Cruz, that’s, he’d, Roger Wicker Organizations: CNN — Key, FBI, CNN, Republican, Finance, of Health, Human Services, GOP, Yorker, Texas Republican, Armed Services Committee, Defense Locations: Sens

☆ Who is Kash Patel, Trump’s pick for FBI director?
▼ + stars: | 2024-12-02 | by ( Jack Forrest | ) edition.cnn.com time to read: +10 min

CNN —Kash Patel, Donald Trump’s pick to lead the FBI and an ardent supporter of the president-elect, has vowed to help dismantle the same organization he’s poised to lead. The FBI director must also be confirmed by the Senate, where members are already bracing for how they’ll navigate a slew of unorthodox Trump selections. As of late last week, some close to Trump believed it was a “toss-up” between Patel and Missouri Attorney General Andrew Bailey as to whom the president-elect would pick for FBI director, according to a source familiar with the discussions. Trump briefly floated Patel as a potential replacement for then-CIA Director Gina Haspel, whom he had considered firing after the 2020 election. Patel was also put in charge of the Pentagon transition effort for Trump’s first term, overseeing coordination with the incoming Biden-Harris administration.

Persons: CNN — Kash Patel, Donald Trump’s, he’s, Christopher Wray, Trump, Andrew Bailey, Patel, ” Patel, Shawn Ryan, Steve Bannon, “ We’ve, ”, Joe Biden, — we’re, Bill Barr, Patel “, Democratic Sen, Dick Durbin, Chris Murphy, Patel’s “, Donald Trump, Chuck Grassley, Wray, “, Washington Patel, Devin Nunes, Nunes ’, Christopher Miller, Gina Haspel, Harris, “ Hillary Queenton, King Donald, Sleepy Joe, MAGA King ”, Kash —, Patel —, Jim Jordan’s, Kash, Russell Vought, CNN’s Zachary Cohen, Holmes Lybrand, Evan Perez, Kristen Holmes, Morgan Rimmer, Jalen Beckford Organizations: CNN, FBI, Trump, Senate, Our Democracy, Big Tech, Justice Department, Democratic Party, White, Government, DOJ, Democratic, Committee, Department of Justice, ”, University of Richmond, Pace University School of Law, Dade, Southern District of, National Security Division, ISIS, Department of Defense, Operations Command, New York Times, Republican, House Intelligence, Foreign Intelligence, National Security Council, Biden, National Archives, Trump Media Technology Group, Center, Management Locations: Washington, Patel, Missouri, Washington ,, Trump’s, Florida, New Yorker, Miami, Dade County, Southern District, Southern District of Florida, al Qaeda, Benghazi, Libya, Russia, America

☆ Here are Monday's biggest analyst calls: Nvidia, Apple, Tesla, Gap, Block, Marvell, Okta, Netflix, Dell & more
▼ + stars: | 2024-12-02 | by ( Michael Bloom | ) www.cnbc.com time to read: +7 min

Cantor Fitzgerald reiterates Marvell & Nvidia as top picks Cantor says both stocks remain top picks ahead of Marvell earnings on Tuesday. Goldman Sachs initiates Venom Energy as buy Goldman says it sees "strong shareholder returns" for the energy company. Goldman Sachs downgrades Toast to neutral from buy Goldman says the thesis has played out for the restaurant tech company. Goldman Sachs initiates Ero Copper as buy Goldman says the copper company has a "unique growth profile." Roth MKM upgrades Tesla to buy from neutral Roth said in its upgrade of Tesla that the "world has changed."

Persons: Cantor Fitzgerald, Cantor, it's bullish, Morgan Stanley, Goldman Sachs, Goldman, Stifel, Tesla, Bernstein, Block, Dana, AAPL, Stryker, We'd, Wells, Roth, Dell Organizations: Netflix, Marvell, Nvidia, MU, UBS, Caci International, DHS, AutoDesk, Autodesk, Architective, NET, Energy, Viper Energy, JPMorgan, Air Lease, Burlington, Barclays, NextEra Energy Partners, KT, Deutsche Bank, DELL Locations: France, Germany, AVGO, Cleveland, TOST, Burlington

☆ US Steel: Trump again vows to block Japanese firm’s controversial takeover
▼ + stars: | 2024-12-02 | by ( Juliana Liu | ) edition.cnn.com time to read: +2 min

CNN —President-elect Donald Trump has repeatedly said he intends to block a Japanese firm’s $15 billion takeover bid of US Steel upon taking office, saying the former American giant can eventually stand on its own. “As President, I will block this deal from happening. But in recent years, US Steel has fallen far below other American steel companies in output and stock market value. And the US steel industry is a shell of its former self, with no company among the 10 largest steel producers around the globe. It had put itself up for sale last year after receiving an unsolicited $7 billion takeover offer from Ohio-based Cleveland Cliffs.

Persons: Donald Trump, ”, JP Morgan, Charles Schwab, Trump, Joe Biden, Kamala Harris Organizations: CNN, US Steel, U.S, Steel, “, Carnegie Steel Corp, Nippon Steel, Republican, Foreign Investment Locations: American, Pittsburgh, United States, Tokyo, Ohio, Cleveland

☆ We're raising our price target on 2 winning stocks that have tailwinds in the new year
▼ + stars: | 2024-12-02 | by ( Jeff Marks | ) www.cnbc.com time to read: +4 min

Bank price targets: We're updating our price targets on our two bank stocks after they wrapped up a big November. With these tailwinds ahead, we are increasing our Wells Fargo price target to $80 a share from $66 and Morgan Stanley to $140 a share from $130. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.

Persons: Jim Cramer, —, Trump, Wells, Morgan Stanley, Wells Fargo, Zscaler, It's, Jim Cramer's, Jim Organizations: CNBC, ., Dow Jones Industrial, Microsoft, Bank, Labor, Treasury, Traders, Jim Cramer's Charitable Locations: Wells, Wells Fargo, pullbacks

☆ Magic can’t save 'Harry Potter' star Rupert Grint from a $2.3 million tax bill
▼ + stars: | 2024-12-01 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Ap-Live-Blog-Byline-Image.Png | The Associated Press | ) www.nbcnews.com time to read: +1 min

Former “Harry Potter” film actor Rupert Grint faces a $2.3 million bill after he lost a legal battle with the tax authorities. Grint, who played Ron Weasley in the magical film franchise, was ordered to pay the money in 2019 after H.M. Revenue and Customs, the U.K. tax agency, investigated his tax return from seven years earlier. The agency said Grint had wrongly classed $5.7 million in residuals from the movies — money from DVD sales, TV syndication, streaming rights and other sources — as a capital asset rather than income, which is subject to a much higher tax rate. Lawyers for Grint appealed, but after years of wrangling a tribunal judge ruled against the actor this week. He previously lost a separate court battle over a $1.2 million tax refund in 2019.

Persons: Harry Potter ”, Rupert Grint, Ron Weasley, Grint, Harriet Morgan, ” Grint, Harry Potter Organizations: Customs Locations: H.M, Revenue

☆ Magic can’t save ‘Harry Potter’ star Rupert Grint from a $2.3 million tax bill
▼ + stars: | 2024-12-01 | by ( ) www.cnbc.com time to read: +1 min

Rupert Grint attends the "Knock at the Cabin" UK Special Screening at Vue West End on January 25, 2023 in London, England. Former "Harry Potter" film actor Rupert Grint faces a 1.8 million-pound ($2.3 million) bill after he lost a legal battle with the tax authorities. Grint, who played Ron Weasley in the magical film franchise, was ordered to pay the money in 2019 after H.M. Revenue and Customs, the U.K. tax agency, investigated his tax return from seven years earlier. Grint, 36, starred in all eight Harry Potter films between 2001 and 2011 as the boy wizard's best friend, and is calculated to have earned around 24 million pounds from the role. He previously lost a separate court battle over a 1 million pound tax refund in 2019.

Persons: Rupert Grint, Harry Potter, Ron Weasley, Grint, Harriet Morgan Organizations: Vue, Customs Locations: London, England, H.M, Revenue

☆ A 57-year-old doctor who wrote a book about getting fit after 40 shares how she works out to stay strong and mobile
▼ + stars: | 2024-11-30 | by ( Kim Schewitz | ) www.businessinsider.com time to read: +4 min

AdvertisementLooking after our musculoskeletal health can help us stay strong and active as we age. A muscle and bone doctor who specializes in healthy aging shared her weekly workout routine, which helps her maintains strength and mobility as she ages. But exercising greatly decreases the risk, Wright saidAdvertisement"Musculoskeletal aging and healthy aging is a lifelong pursuit," she said. AdvertisementWith that in mind, she exercises five to six days a week, including cardio and strength training. Jumping practiceTo maintain bone density, everyone needs a jumping practice, Wright said, particularly if you sit at a desk all day.

Persons: Vonda Wright, Wright, Dr, Morgan Busko Organizations: World Rugby, Business, National Center for Health Statistics, Wright, Presbyterian, Columbia University Irving Medical Center, Sports Locations: Florida, NewYork

☆ 16 songs have reached No. 1 on the Billboard Hot 100 chart this year — here they all are
▼ + stars: | 2024-11-30 | by ( Callie Ahlgrim | ) www.businessinsider.com time to read: +1 min

1 on the Billboard Hot 100 in 2024 so far. Ariana Grande, Post Malone, Kendrick Lamar, and Morgan Wallen each have two hits on the list. The Billboard Hot 100 is widely considered to be the definitive all-genre chart for songs in the US. 1 song, he went on to dominate the Hot 100 with his own breakout hit. Ariana Grande, Post Malone, Kendrick Lamar, and Wallen have also enjoyed massive commercial success this year, earning two chart-toppers on the Hot 100 apiece.

Persons: Ariana, Post Malone, Kendrick Lamar, Morgan Wallen, Shaboozey, Taylor, Sabrina Carpenter's, Jason Aldean, Zach Bryan, Carter Locations: Ariana Grande, Post, Nashville

☆ Hurricane season is over, but the rise of storm-resistant homes in Florida is just getting started
▼ + stars: | 2024-11-30 | by ( Dan Latu | Morgan Mcfall-Johnsen | ) www.businessinsider.com time to read: +11 min

AdvertisementAbout two hours southeast of Hunters Point is a development called Babcock Ranch, which bills itself as "The Hometown of Tomorrow." A rep said that in the days before Hurricane Milton, Babcock Ranch saw a 390% increase in daily visits to its website. Hunters Point homes are high off the ground and air-tightLiving spaces begin on the second floor of the homes in Hunters Point. AdvertisementThese connections — roof to walls, walls to each other, and walls to foundation — are fundamental to building a house that can withstand hurricane-force winds. AdvertisementIn Hunters Point homes, though, "everything is connected.

Persons: Hurricane Milton, William Fulford's, Fulford, Hurricanes Helene, Milton, Babcock, Leslie Chapman, Henderson, Chapman, Marshall Gobuty, they're, you've, Mike O'Reilly, Gobuty, Syd Kitson, Mother Nature, Kitson, Ian, shouldn't, O'Reilly, Fred Malik, Malik Organizations: Hurricane, Hurricanes, Babcock, Federal Alliance, Safe Homes, beefed, Business, Colorado State University, Insurance Institute for Business & Home Safety Locations: Florida, Tampa , Florida, Gulf of Mexico, Cortez , Florida, Hurricane, Punta Gorda , Florida, Florida's, Tampa, Sarasota Bay, Hurricane Milton, We're, Chapman

☆ Analysts love these cheap stocks that have plenty of upside heading into 2025
▼ + stars: | 2024-11-30 | by ( Pia Singh | In | ) www.cnbc.com time to read: +3 min

Stocks have had an impressive run this year, with the Dow Jones Industrial Average and S & P 500 ending November trading on a strong note, touching all-time highs this past week. The 30-stock Dow added 1.4% in the latest week while the the S & P 500 and Nasdaq Composite indexes both rose 1.1%. For example, using the CNBC Pro stock screener, we found stocks in the S & P 500 that are trading at a discount and could see significant outperformance in the future. But analysts polled by LSEG have a consensus price target that implies more than 56% potential upside for the stock. But based on analysts' consensus target, Regeneron could return about 44% over the coming year.

Persons: Stocks, Biogen, Wall, JPMorgan, Morgan Stanley, David Arcaro Organizations: Dow Jones Industrial, Dow, Nasdaq, CNBC Pro, Wall Street, LSEG, Regeneron Pharmaceuticals, JPMorgan, Devon Energy, AES, chipmaker Micron Technology Locations: Cambridge

☆ Her vacation romance told her they’d ‘stay in touch.’ She assumed she’d never hear from him again
▼ + stars: | 2024-11-29 | by ( Francesca Street | ) edition.cnn.com time to read: +19 min

CNN —When Shylo Malcolm’s week in Cuba came to an end, she assumed her vacation romance was ending, too. “I’d had such an amazing week, and maybe we wouldn’t see each other again, the future was uncertain,” recalls Shylo. “We were ready to have fun, party it up,” recalls Shylo. “My friends and I were excited to practice our French, since we hadn’t used it in years,” Shylo recalls. Morgan Kitchen PhotographyAfter a few years of living together in Canada, Yann and Shylo found themselves discussing marriage.

Persons: Shylo, Frenchman Yann Dervaux, Yann, “ I’d, ”, lounging, — she’d, “, ” Shylo, Frenchman, —, Shylo Malcolm More, Yann didn’t, I’m, ’, Shylo’s hesitance, Yann wasn’t, ’ ”, Yann’s, ‘ I’m, ‘, ’ ” Shylo, Shylo they’d, they’d, “ We’d, ” Yann, — Shylo, ” Here's Shylo, Shylo Malcolm, I’d, It’s, we’ve, we’d, ” “, Shylo’s, She’s Organizations: CNN, CNN Travel, Facebook, Google, Amsterdam Schiphol Airport, Shylo, Morgan Locations: Cuba, Ontario, Canada, Lille, France, Varadero, German, Germany, Paris, Shylo, Amsterdam, Europe, of Versailles, “, Dominican Republic , New Zealand, European

☆ Buy the equal-weighted S&P 500 ETF and short Cathie Wood's Ark Innovation, Trivariate Research says
▼ + stars: | 2024-11-29 | by ( Brian Evans | ) www.cnbc.com time to read: +2 min

One way investors can ride the wave of optimism heading into 2025 is by shorting Cathie Wood's ARK Innovation ETF and buying the equal-weighted S & P 500 Index, according to Trivariate Research. ARKK YTD mountain The Ark Innovation fund is on track for its best month of the year. Cathie Wood's Ark Innovation fund has surged almost more than 25% in November alone through Wednesday's close and is on pace for its best month of the year. The Invesco S & P 500 Equal-Weight ETF , which tracks the equal-weighted S & P 500 index, has gained 6.1% in November, still beating the 5.1% gain in the S & P 500. RSP YTD mountain The Invesco S & P 500 Equal Weight ETF.

Persons: shorting, Adam Parker, Morgan Stanley, Donald Trump's, Scott Bessent, Trump, Parker Organizations: Innovation, Research, Nvidia, Apple, Trump, RSP Locations: Mexico, Canada

☆ Ditch all the negativity: Here's what can go right to lift each of our 34 stocks
▼ + stars: | 2024-11-29 | by ( Paulina Likos | ) www.cnbc.com time to read: +20 min

To counter that, Jim Cramer has said investors should not lose sight of what can go right for their stocks. Smooth chip updates: AMD needs to successfully carry out its annual release cycle for AI chips. That needs to be sustained to justify Meta's heavy spending on AI chips. Nevertheless, correcting this dynamic should translate into faster revenue growth rates. Palo Alto Networks Bigger deals: Cybersecurity is a secular growth market: As the number of bad actors grows, companies can't afford to not invest in defense.

Persons: Jim Cramer, Abbott, Donald Trump, Trump, Joe Biden, Eaton, Eli Lilly, Eli Lilly's GLP, Lilly, Hurricanes Helene, Milton, Elliott Management's, Elliott, Jim, Linde, Morgan Stanley Lower, Morgan, Biden, –, Jensen Huang, Palo, Stanley Black, Brian Niccol's, Wells, Jim Cramer's, Timothy A, Clary Organizations: Abbott, Devices, Microsoft, AMD, Nvidia, Justice Department, Services, Trump, Apple, Apple Intelligence, Federal, Bristol Myers Squibb, Bristol Myers, Broadcom, Constellation Brands, Modelo, Costco, U.S, Netflix, Coterra Energy, LNG, DuPont, GE Healthcare, GE, Hurricanes, Honeywell Business, Honeywell, Linde, Meta, Facebook, Federal Reserve, GOP, Nvidia's, Industry, Palo Alto, Decker, Starbucks, Walt Disney Parks, TJX, Jim Cramer's Charitable Trust, CNBC, Traders, New York Stock Exchange, Getty Locations: U.S, BlackRock, Corona, China, Dover, –, New York City

☆ Demand for this job is at an 'all-time high,' says Google exec—it can pay over $100,000 and doesn’t require a degree
▼ + stars: | 2024-11-29 | by ( Morgan Smith | ) www.cnbc.com time to read: +1 min

Often overlooked as a behind-the-scenes job, IT support offers competitive salaries, diverse opportunities and flexibility that many fail to recognize, Lisa Gevelber, a vice president at Google and founder of Grow With Google, tells CNBC Make It. The Bureau of Labor Statistics projects that the number of IT support jobs will grow at least 15% in the next decade — more than three times faster than the average for all occupations. There are more than 300,000 unfilled IT support jobs in the U.S. right now, Gevelber points out. On Google, searches for "IT support jobs" and "IT support skills" hit an "all-time high" in 2024, since the search engine started tracking such queries 20 years ago, she adds. Here's how to land a job in IT support — and where to find the best opportunities:

Persons: Lisa Gevelber Organizations: Google, Grow, CNBC, Labor Statistics Locations: U.S

☆ Chinese yuan to hit record lows as U.S. tariff threat mounts, investment banks forecast
▼ + stars: | 2024-11-28 | by ( Anniek Bao | In | ) www.cnbc.com time to read: +4 min

A Chinese bank worker prepares to count a stack of US dollars together with stacks of 100 Chinese yuan notes at a bank in Hefei, east China's Anhui province on March 9, 2010. STR/AFP | Getty ImagesChinese authorities are contending with a weakening yuan as global investment banks forecast the currency to hit record lows, in anticipation of U.S. president-elect Donald Trump following through with his tariff threats. That would mark the currency's weakest level on record, according to LSEG data going back to 2004. Trump had already pledged 60% or higher tariffs on Chinese goods during his election campaign. The PBOC has been supporting the value of onshore yuan by capping the daily reference rate at 7.20 on the dollar this year.

Persons: Donald Trump, Morgan, Morgan Stanley, Goldman Sachs, Trump, Jonas Goltermann, Kotecha, Wang, Ju Wang, Cedric Chehab Organizations: Getty Images, U.S, UBS, BNP, Barclays, Generale, Morgan, Macquarie Group, Nomura, ING, Oxford, Trump, Capital Economics, FX, Greater China FX, Reuters, BNP Paribas, BMI Locations: Hefei, Anhui, U.S, Asia, China

☆ Buy a building, get a Banksy. ‘Well Hung Lover’ Bristol property goes on sale
▼ + stars: | 2024-11-28 | by ( Rosa Rahimi | ) edition.cnn.com time to read: +2 min

London CNN —A Banksy mural in Bristol, southwestern England, is set to be sold at auction next year, along with the building it was created on. “Well Hung Lover” was painted on the side of a building on Bristol’s Frogmore Street in 2006, with the city’s residents later voting to keep the mural. The building, which once housed a sexual health clinic, will be put up for auction by Hollis Morgan, an estate agency and auction house in Bristol. While the future owner has to ensure the “Well Hung Lover” stays put, they have no obligation to maintain it. Last year, a Banksy mural in Dover, southern England, valued at around £1 million ($1.2 million), was lost for good after the building it was painted on was knocked down.

Persons: London CNN —, Hollis Morgan, ”, weathers, it’s Organizations: London CNN, European Union, Britain Locations: Bristol, England, Dover

☆ 36-year-old quit 6-figure Wall Street job—now he earns $1,000 an hour working from home as a tutor: 'More fulfilling than I ever could have imagined'
▼ + stars: | 2024-11-28 | by ( Morgan Smith | ) www.cnbc.com time to read: +2 min

When Steve Menking started working on Wall Street in his early 20s, he thought he found a career for life. Instead, shortly after his 25th birthday, Menking jokes that he had a "quarter-life crisis" while working as an equities trader at SMB Capital. In 2023, Menking earned more than $500,000 through private tutoring, a number he's on track to match in 2024. "It's been better and more fulfilling than I ever could have imagined," he says. Here's how Menking left finance for a career in education — and found a job that pays six figures and allows him to work from home.

Persons: Steve Menking, Menking, He's, It's Organizations: SMB, CNBC, Education Locations: Connecticut, New York, —

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