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☆ Wall Street isn’t buying Trump’s deportation threats or Elon Musk’s spending cut claims
▼ + stars: | 2024-12-03 | by ( Matt Egan | ) edition.cnn.com time to read: +5 min

But Wall Street doesn’t believe the looming immigration crackdown will live up to Trump’s campaign trail hype. Nearly half of the investors anticipate annual immigration will average between 500,000 and 1 million under Trump, according to Goldman Sachs. The Wall Street bank found that more than 20% of investors expect immigration under Trump will be above the pre-pandemic pace of 1 million per year. “Our forecast is only moderately below the pre-pandemic trend because there are legal and logistical limits to executive action,” Goldman Sachs economists led by Jan Hatzius wrote in the report. Just about 10% of investors expect the Musk-led commission will be able to reduce government spending by more than $400 billion a year, Goldman Sachs found.

Persons: Donald Trump, Goldman Sachs, Trump’s, Trump, ” Goldman Sachs, Jan Hatzius, There’s, Elon Musk’s, Musk, Howard Lutnick, ” Musk, Larry Summers, It’s, ” Glenn Hubbard, George W, Bush, it’s, “ Elon Musk, ”, Marc Benioff Organizations: New, New York CNN, Trump, Republican, Elon, Department of Government, Department of Government Efficiency, Social Security, Columbia University’s Business, Economic, of New, Nasdaq Locations: New York, United States, Madison, New York City, of New York, China, Russia

☆ You need to care more about your son’s health. This urologist explains why
▼ + stars: | 2024-12-03 | by ( Dr. Jamin Brahmbhatt | ) edition.cnn.com time to read: +9 min

Mental health matters just as much as physical health, and boys should know it needs to be a priority. Nutrition and exerciseDuring puberty, boys’ bodies grow rapidly, and they need the right fuel to keep up. Boys need to understand that what they see online isn’t always real. Boys need to know that it’s OK to ask questions — whether it’s about feelings, their changing bodies or anything else. By creating an environment in which boys feel comfortable talking about their health, we’re giving them the tools they need to navigate a time of massive change.

Persons: Jamin, I’ve, —, don’t, haven’t, it’s, they’re, ” Organizations: Orlando Health, University of Central Florida’s College of Medicine, CNN, Popular Media Locations: United States

☆ Trump may renew a housing fight that could rattle mortgage rates
▼ + stars: | 2024-12-02 | by ( Samantha Delouya | ) edition.cnn.com time to read: +8 min

Many Americans already have whiplash after recent swings in mortgage rates: After the average 30-year fixed mortgage rate peaked at nearly 8% last fall, rates fell steadily ahead of the Federal Reserve’s first interest rate cut in September. That trend has since reversed, and mortgage rates have climbed back up to nearly 7% as investors bet that the Fed will cut rates fewer times than initially expected due to recent strong economic data. This helps enable a reliable flow of money to mortgage lenders, allowing them to offer more affordable rates to would-be homebuyers. During the housing meltdown of 2008, the two companies were brought under government control in an effort to stabilize the housing market. Some analysts advocate for full privatization, meaning the government would not provide assurances to backstop the two mortgage companies.

Persons: Donald Trump, Fannie Mae, Freddie Mac, —, Fannie, Freddie, that’s, Ted Tozer, Ginnie Mae, Obama, ” Tozer, “, Mark Zandi, Zandi, ” Zandi, ” Karoline Leavitt, Vance, President Trump, Trump, Freddie don’t, Andrew Harnik, Susan Wachter, Wachter, ”, Norbert Michel, Fannie Mae’s, Freddie Mac’s, ” Trump, Republican Sen, Rand Paul, Trump’s, Bill Ackman, Pershing, It’s, it’s Organizations: CNN, “, Moody’s, Investors, Trump, Federal, stoke, Federal Housing Finance Agency, Federal National Mortgage Association, Wharton School, University of Pennsylvania, ”, CATO Institute, Republican, Pershing Square Holdings, U.S, Presidential Locations: Mexico, Canada, China, Washington , DC, conservatorship

☆ Lawmakers in Massachusetts are trying to eventually stop the sale of tobacco
▼ + stars: | 2024-11-30 | by ( Jordan Pandy | ) www.businessinsider.com time to read: +2 min

In 2018, the state raised the legal age to buy tobacco products, such as cigarettes, cigars, and e-cigarettes, to 21. Nearby Massachusetts towns, such as Malden, Melrose, Reading, Stoneham, Wakefield, and Winchester, followed Brookline's playbook and also placed generational bans on tobacco products. In the US, California is trying to ban the purchase of tobacco products by 2073. New Zealand was the first country to impose a generational ban, but the country repealed that ban this year. "This bill will not take away the right to purchase nicotine and tobacco products from anyone who is already legally able to do so," he said.

Persons: wouldn't, Democratic Sen, Jason Lewis, Lewis, —, Brookline's playbook Organizations: Associated Press, Big Tobacco, Democratic, Centers for Disease Control Locations: Massachusetts, Brookline , Massachusetts, Boston, Nearby Massachusetts, Malden, Melrose, Reading, Stoneham, Wakefield, Winchester, California, New Zealand

☆ We retired to Maine and turned 2 $12,000 Amish sheds' into our off-the-grid dream home
▼ + stars: | 2024-11-30 | by ( Dan Latu | ) www.businessinsider.com time to read: +6 min

They turned two $12,000 Amish sheds into their home, connecting them with a custom-built hallway. They built their dream home out of two $12,000 Amish sheds, which are built one at a time using traditional techniques instead of mass-produced. Courtesy of Jason RemillardIn January 2019, we found a piece of property in Maine on LandWatch.com. The property was $50,000, the vehicles were $40,000, the two Amish cabins were $24,000, and the solar panels were $12,000. Related storiesThe Amish sheds give us flexibility for a permanent homeThe Remillards got the idea to build a home out of Amish sheds from their neighbors.

Persons: Jennifer Remillard, Jason Remillard, Jen, We'd, we've, I'm, wasn't, We've, It's Organizations: Costco, Marine Corps, Border Patrol, YouTube Locations: Illinois, Maine, Chicago, Wauconda, LandWatch.com, Houlton, Portland, We're, Smyrna , Maine, Texas, Appalachia, Oregon

☆ The social media world is splintering, and it'll pave the way for a new breed of influencer
▼ + stars: | 2024-11-29 | by ( Lindsay Dodgson | ) www.businessinsider.com time to read: +5 min

A splintered social media world is on the horizon — and it's paving the way for a new, more authentic breed of influencer. "People are just trying to find authentic communities," Eric Wittman, CEO of photo-editing app VSCO, told Business Insider. Smoothy said she sees things changing, with different "tiers" of content creators emerging from the industry's oversaturation. New social media horizonsLucy Edgerley, the head of influence at the global social media agency Born Social, told BI that Gen Zers, in particular, are craving creativity, entertainment, and inspiration. Young people who have grown up with social media are learning the lessons about the dark side of it — the mental health toll, the bullying, and the over-consumerism — the hard way, he said.

Persons: Reddit, Eric Wittman, Wittman, Chand Rajendra, Kate Smoothy, Smoothy, Lucy Edgerley, Zers, Kim Murray, Murray, Edgerley Organizations: University of Massachusetts Amherst, Webhive, Social, Virality

☆ CNBC's Inside India newsletter: The causes and costs of India's brain drain
▼ + stars: | 2024-11-28 | by ( Amala Balakrishner | In Amala-Balakrishner | ) www.cnbc.com time to read: +10 min

(Photo by Sanchit Khanna/Hindustan Times via Getty Images)This report is from this week's CNBC's "Inside India" newsletter which brings you timely, insightful news and market commentary on the emerging powerhouse and the big businesses behind its meteoric rise. Raj is looking for jobs outside India and says he is "willing to go anywhere and do anything." "My parents took a [1.9 million Indian rupee] ($22,491) loan for my degree, so I studied hard and interned to find a well-paying job quickly," the 27-year-old, told CNBC's Inside India. Speaking to CNBC's Inside India, Ghosh — a professor formerly at India's Jawaharlal Nehru University and currently at the University of Massachusetts Amherst — noted "there is definitely a jobs crisis in India." This shift in perspective has translated to "brain drain," being considered as a "term from the last century," Sunaina Kumar, a senior fellow at think tank the Observer Research Foundation (ORF), told CNBC's Inside India.

Persons: Sanchit Khanna, Raj, Keshav Raj, Anurag Sinha, Sinha, aspirational, Jayati Ghosh, Ghosh —, University of Massachusetts Amherst —, They've, Ghosh, Sundar Pichai, Satya Nadella, Leena Nair, Subrahmanyam Jaishankar, Sunaina Kumar, Kumar, ORF's Kumar, foundit's Sinha Organizations: Hindustan Times, Getty, ., SRM Institute of Science & Technology, United Arab, India, India's Jawaharlal Nehru University, University of Massachusetts Amherst, International Labour Organization, UN, Microsoft, Institute of South Asian Studies, National University of Singapore, Observer Research Foundation, Bank, South Locations: DELHI, INDIA, Anand, New Delhi, India, Indonesia, Tamil Nadu, Canada, Australia, United Arab Emirates, U.S, Europe, Indian

☆ Guy Fieri says that when his youngest son comes home from college, he 'sets a menu' for what he wants to eat
▼ + stars: | 2024-11-27 | by ( Amanda Goh | ) www.businessinsider.com time to read: +3 min

AdvertisementGuy Fieri's youngest son, Ryder, gets to choose what the family eats whenever he's back from college. That's because food "just doesn't taste the same as it does at home," Fieri told People, recalling his son's words. Guy Fieri's youngest son, Ryder, is back from college and ready to indulge in his dad's cooking. And I'm like, man, that brings tears to my eyes," Fieri told People. Although his youngest son currently lives in a college dorm, Fieri says he "can't wait" for him to get an apartment.

Persons: Guy Fieri's, Ryder, Fieri, There's, he's, He'll, Hunter, Lori, Cristine Struble Organizations: UCLA, San Diego State University, US Naval Academy, San Diego, Food Network, Food, University of Massachusetts Amherst, Virginia Tech, Business Locations: San Diego State, America

Greg Abbott challenged President Joe Biden at almost every turn on the handling of the US southern border, as the state grappled with multiple border surges. Abbott described the upcoming border actions as a coordinated effort between border states and Washington. Texas officials and federal officials have historically worked together on the US-Mexico border. Texas state officials tout the work of their operation, arguing it served as a deterrent, and federal officials cite Biden’s executive action that levied harsher consequences for border crossers. “Texas has really been a lab for how mass round-ups of immigrants would work and how you can practically do it,” said Kristin Etter, the director of policy and legal Services at the Texas Immigration Law Council.

Persons: Greg Abbott, Joe Biden, Abbott, “ We’re, ” Abbott, Fox News ’ “ Hannity, ”, Donald Trump’s, “ We’ve, Trump, —, Michael Banks —, Tom Homan, Banks, Biden, Brad Coe, he’s, “, Coe, who’ve, Tom Schmerber, Schmerber, I’d, dueled, –, Kristin Etter Organizations: CNN, Trump, Texas Gov, Lone Star, Democratic, Fox News, Biden White, Customs, Abbott, Texas National Guard, Texas Department of Public Safety, Fox Business, National Guard, Homeland Security, Texas, Operation Lone Star, Republican, Maverick, Democrat, Department of Homeland Security, Biden Justice, Justice Department, Circuit, Texas Immigration Law Council Locations: Texas, Rio, But Texas, — Texas, Mexico, Washington, Kinney County, Maverick, Maverick County, Rio Grande, El Paso, “ Texas

☆ Databricks closes in on multibillion funding round at $55 billion valuation to help employees cash out
▼ + stars: | 2024-11-26 | by ( Kate Rooney | ) www.cnbc.com time to read: +3 min

San Francisco-based Databricks is raising at least another $5 billion in its latest funding round — though it could raise up to $8 billion given the round is ongoing — according to several sources who asked not to be named because the discussions were private. The latest raise would value the company at $55 billion and could top the largest round of the year by OpenAI. The latest funding is designed to help Databricks employees sell shares, a source said. One source said the funding round makes Databricks' highly anticipated public debut less urgent. This summer, it acquired MosaicML, a $1.3 billion software startup that focuses on large language models that can churn out natural-sounding text.

Persons: Ali Ghodsi, Databricks, OpenAI, Andreessen Horowitz, Baillie Gifford, Snowflake, Ghodsi Organizations: Databricks Inc, Bloomberg Technology, CNBC, OpenAI, Walgreens, Nvidia, Capital, Fidelity, Insight Partners, Tiger Global Locations: San Francisco

When José Pérez Gómez came from Mexico more than 25 years ago, he scraped together money by selling handmade furniture on the streets of Fresno, Calif. Eventually, he turned that hustle into a full-fledged brick-and-mortar business, which allowed him to raise a family and send two daughters to college. Democrats had assumed that Mr. Trump’s threat of mass deportations and harsh words toward migrants would sour Latino voters across the country, especially those with family or friends who were undocumented. But for Mr. Pérez Gómez, personal economic struggles took precedence. Furthermore, he said, many immigrants in California’s Central Valley actually agreed with Mr. Trump that Democrats had allowed too many people to cross the border with the lure of asylum protections.

Persons: José Pérez Gómez, Pérez Gómez, Joseph R, Biden, Donald J, Trump Organizations: Mr, Democrats Locations: Mexico, Fresno, Calif, Central

☆ Russia's invasion is showing the West war isn't just about having the best weapons — it's also about having more
▼ + stars: | 2024-11-25 | by ( Sinéad Baker | ) www.businessinsider.com time to read: +7 min

But it needs to invest more in quantity if it wants to defend against Russia, warfare experts said. Russia's invasion of Ukraine is showing the West the value of quantity over quality. AdvertisementAnd in the aftermath of the Cold War, Western stockpiles of weaponry diminished and industry shrunk, leaving it less prepared to build large quantities of munitions and equipment. Advertisement"Assuming that you don't decisively defeat the Russians in the opening phase of the war," Barros said, "you're going to burn through all your ATACMS and HIMARS missiles and artillery ammunition." In an image taken from a video distributed by the Russian Defense Ministry Press Service in October, a Russian 120mm mortar crew fires toward a Ukrainian position.

Persons: Zelenskyy, Mick Ryan, George Barros, Abrams, Michael O'Hanlon, Barros, ANATOLII STEPANOV, that's, isn't, O'Hanlon, William Alberque, Alberque Organizations: Australian Army, Institute for, NATO, American, Brookings Institution, Getty, Stimson Center, Russian Defense Ministry Press Service, AP Locations: Ukraine, Western, Russia, China, West, Soviet, Ukraine Russia, Russian, Ukrainian, North Korea, Iran

☆ As New York’s Migrant Crisis Eases, Trump’s Deportation Threat Looms
▼ + stars: | 2024-11-25 | by ( Luis Ferré-Sadurní | ) www.nytimes.com time to read: +1 min

After a two-year influx of asylum seekers, New York City leaders are cautiously optimistic that the migrant crisis has begun to subside, and that the city’s emergency response is entering a new phase. Fewer migrants are arriving from the southern border. And on top of the slowdown, President-elect Donald J. Trump’s threats of mass deportations have injected a large dose of uncertainty into the situation. The threat of an immigration crackdown may accelerate a nearly five-month trend: The number of migrants in city shelters has declined for 19 consecutive weeks, as crossings at the U.S.-Mexico border have dropped to record lows. As of Nov. 17, the city was housing 57,400 migrants in 210 shelters, hotels and tent complexes — a drop of 17 percent from a peak of 69,000 in January.

Persons: Donald J, Eric Adams Organizations: Democrat Locations: New York City, U.S, Mexico

☆ Meet the Press – November 24, 2024
▼ + stars: | 2024-11-24 | by ( ) www.nbcnews.com time to read: +57 min

[END TAPE]KRISTEN WELKER:According to the Washington Post, President-elect Trump plans to fire the team that worked with the special counsel. So, I think President Trump is picking reformers for these Cabinet positions. After the midterms Joe Biden said that there was no way President Trump would ever be back in the White House. He's going to sign some executive actions, but he's also going to then begin to roll out this plan. I also think he's going to face some skepticism by Republicans on using the military, for instance, going kind of into different states.

Persons: KRISTEN WELKER, MATT GAETZ, Donald Trump’s, Matt Gaetz, SEN, KEVIN CRAMER, RON JOHNSON, PETER WELCH, Will Mr, Donald Trump, STEPHEN MILLER, Vladimir Putin, Adam Schiff of, Eric Schmitt of Missouri, Kelly O’Donnell, Jeh Johnson, Anna Palmer, Stephen Hayes, it’s, Kristen Welker, reconsidering, DONALD TRUMP, Gaetz, MARKWAYNE MULLIN, Trump, Pam Bondi, Bondi, Eric Trump, they're, Jack Smith, Pete Hegseth, Tulsi Gabbard, Bashar Assad, Nikki Haley, NIKKI HALEY, DNI, TOM HOMAN, Trump's, Russell Vought, Russ, who's, That's Russ, Schmitt, Press . SEN, ERIC SCHMITT, he's, Pam, should've, You've, everybody's, it's, Joe Biden, Merrick Garland, Kristen, Alvin Bragg, General Merrick Garland, I've, Jane Doe, Hegseth, didn't, there's, It's, She's, maybe's, Tulsi, I'm, We've, There's, He's, they've, Adam Schiff, Adam Schiff of California, Schiff, ADAM SCHIFF, Bashar al, Assad, Marco Rubio, Rubio, Debbie Wasserman Schultz, Gabbard, That's, —, Adam, Shifty, Donald Trump's, –, Harris's, Kamala Harris didn't, Joe Biden's, Biden's, Pelosi, Biden, Nancy Mace, Mace, Sarah McBride, McBride, Johnson, Kelly O'Donnell, KELLY O’DONNELL, Anna, we're, ANNA PALMER, JEH JOHNSON, we've, Lindsey Graham, I'd, Steve, STEPHEN HAYES, We're, Eric Schmitt, you've, Kelly, Scott Bessent, Newt Gingrich, Gingrich, NEWT GINGRICH, KELLY O'DONNELL, Let's, it's Trump, Obama, Tom Homan, Rand Paul, let's, Bob Gates, Leon Panetta, McConnell, They're, he'll, Mitch McConnell, Mitch McConnell's, Stephen, John Thune, Thune Organizations: Republicans, Biden Administration, Democratic, Adam Schiff of California, NBC, White, Homeland, Punchbowl News, The, Press, Justice Department, Pentagon, Republican Senators, BONDI, The Department of Justice, Washington Post, Trump, OMB, Press ., NBC News, Gaetz, DOJ, Patriot, White House, Department, Senators, Armed Services Committee, DNI, Democrat, intel, United States Senate, it's, Services, Judiciary, NATO, Capitol, Intelligence, Democratic Party, Homeland Security, Senate Republicans, Senate, Sears, Roebuck, FBI, Department of Defense, New, New York Cities, Biden, DOD, Republican Conference, Defense Locations: Ukraine, Washington, Florida, PRES, Pennsylvania, United States of America, New York, Atlanta, China, Russian, Hawaii, American, Europe, U.S, Russia, United States, America, Tulsi, –, Guantanamo

When we asked CNN readers for their questions about the incoming Trump 2.0 administration, we got a lot of nervous and scared feedback. AshleyPresidents have wide authority to declare a national emergency. Trump declared a national emergency when he was president the first time in order to unlock border wall funding that Congress refused to give him. Some states with Republican governors have already deployed National Guard troops to the border. Read more answered questions on Trump here.

Persons: Donald Trump’s, Ashley, Trump, Joe Biden, Read Organizations: CNN, Trump, Security, Ashley Presidents, National Guard

☆ One of Trump’s Treasury contenders hails from the most cutthroat private equity firm on Wall Street
▼ + stars: | 2024-11-22 | by ( Allison Morrow | ) edition.cnn.com time to read: +7 min

The words “private equity” are almost poetic in their power to obfuscate in such a way that most people simply tune out when they hear them. But there’s a reason workers tend to have a negative association with private equity. Per Bloomberg, Apollo “built its name as the scrappiest private equity and distressed-debt investor on Wall Street by buying businesses and loading them up with debt that offered creditors meager protections in the face of default.”Historically, private equity deals were largely handled by big banks. Private equity firms now hold controlling stakes across an array of industries, including supermarkets, housing, health care, fashion, restaurants and vet clinics. And other efforts to force more transparency and accountability in private equity have similarly faced opposition.

Persons: CNN Business ’, Marc Rowan, Donald Trump’s, Rowan, Bill Lazonick, he’s, ”, Megan Greenwell, aren’t, ” Dennis Kelleher, Apollo “, it’s, Sen, Elizabeth Warren of, hadn’t, Scott Bessent, Kevin Warsh, “, ” Greenwell Organizations: CNN Business, New York CNN, Apollo Global Management, Treasury, OCC, Republicans, Industry Research Network, — Bloomberg, KKR, Blackstone, Carlyle Group, Securities and Exchange Commission, “, Research, Treasury Department, Bloomberg, Financial Times, Federal Reserve Locations: New York, ”, Elizabeth Warren of Massachusetts

☆ Your questions about Trump 2.0, answered
▼ + stars: | 2024-11-22 | by ( Zachary B. Wolf | Leinz Vales | ) edition.cnn.com time to read: +19 min

CNN —When we asked CNN readers for their questions about the incoming Trump 2.0 administration, we got a lot of nervous and scared feedback. Donald Trump and Ivanka Trump walk to Marine One at the White House in Washington, DC, on January 4, 2021. This is her response:Trump has promised to protect Social Security and not raise the retirement age or make other cuts. For more, read Luhby’s story on how a second Trump term could affect Social Security benefits. For his second term, Trump has promised to find military officials more loyal to him and that he’ll fight an “enemy from within” of political opponents.

Persons: Donald Trump’s, I’m, …, Catherine Shoichet, Shoichet, Trump, ”, Lisa Graybill, Tom Homan, He’s, Kelli Stump, she’s, “, Ashley, Joe Biden, Eric Gay, Stephen Miller, Trump’s, Alan, Jim Sciutto, Roman Plipey, Afghanistan –, Vladimir, Putin, Marco, Rubio, Mike, Waltz –, Tulsi, Gabbard, Will, Greg, ” Trump, Donald Trump, Ivanka Trump, Joshua Roberts, hasn’t, Tami Luhby, James, There’s, Portugal's, Armando Franca, Lawrence, Katie Lobosco, that’s, there’s, –, Biden’s, Will Trump, Biden, Emily, … Gustavo, doesn’t Biden, Steve Here’s, Ella Nilsen, Jim Watson, it’s, Will Trump’s, Keith Trump’s, Nixon, Adam, ” Sen, Adam Schiff of, ” Schiff, Matt Gaetz Organizations: CNN, Trump, Security, National Immigration Law Center, American Immigration Lawyers, Ashley Presidents, US Customs, National Guard, US, Ukraine, Getty, NATO, White, Reuters, Social, Social Security, Bee, FBI, New Jersey Trump, Republicans, Congress, Pentagon, Trump White House, NPR Locations: Rio, Mexico, Eagle Pass , Texas, Ukraine, Powers, Russia, China, Europe, Kyiv, Roman, AFP, Afghanistan, Maine, Washington ,, Barbara, Louisiana, Italy, Lisbon, Illinois, New Jersey, Florida, North Carolina, Colorado, Red Butte, Tusayan , Arizona, Adam Schiff of California

☆ Newly identified chemical in drinking water could be toxic: study
▼ + stars: | 2024-11-21 | by ( Evan Bush | Evan Bush Is A Science Reporter For Nbc News. | ) www.nbcnews.com time to read: +6 min

The Summary A newly identified chemical byproduct may be present in drinking water in about a third of U.S. homes, a study found. About a third of U.S. residents have been receiving tap water containing a previously unidentified chemical byproduct, a new study has found. “We looked for it in 40 samples in 10 U.S. chlorinated drinking water systems located in seven states. It’s likely to be found in all drinking water treated via this method, he said. Any treatment of drinking water involves some level of health risk, Roberson said.

Persons: ”, David Wahman, chloramine, David Reckhow, Julian Fairey, Alan Roberson, Reckhow, “, David Andrews, ” Andrews, Roberson, It’s, Wahman Organizations: Environmental Protection Agency, University of Massachusetts, University of Arkansas, Association of, Environmental Locations: U.S, Amherst

Americans will see the new Trump administration enact changes at a pace that is “like nothing you’ve seen in history,” a Trump campaign official said. Trump’s transition team is also fielding requests from overseas to host his first foreign trip. Coming off a decisive victory on Nov. 5, Trump has moved swiftly to build out the Cabinet and a senior White House team that will execute his plans. “The thing to realize is Trump is no dummy,” said Stephen Moore, a senior economic adviser in Trump’s campaign. Noem campaigned for Trump, though a person close to Trump was surprised he tapped her for the job.

Persons: Donald Trump, Trump, Joe Biden’s, Biden, Karoline Leavitt, “, Volodymyr Zelenskyy, Ron Klain, Donald Trump Jr, Mike Pompeo, “ Don, that’s, ” Trump, ”, Stephen Moore, he’s, ” Moore, Will Trump, We’re, Newt Gingrich, Gingrich, ” Gingrich, Ronald Reagan’s, Chad Wolf, Harris, Kristi Noem, hasn’t, Noem, ’ ” Trump, Grover Cleveland Organizations: WASHINGTON, ., NBC, Trump, Trump’s, White House, Policy Institute, CIA, Security, NBC News, Migration Policy Institute, DHS, Biden, Department of Homeland Security, Cricket, ”, Cleveland Locations: Jan, West Palm Beach , Florida, Ukraine, Russia, Washington, America, South Dakota, U.S, China

☆ Trump team maps out Latin America strategy as part of mass deportation plan
▼ + stars: | 2024-11-21 | by ( Priscilla Alvarez | ) edition.cnn.com time to read: +6 min

Deportation often hinges on diplomacy – and has been a steep challenge for the US when dealing with countries where there are frosty relations. Taken together, it’s a return to a hardline approach meant to get countries receiving deportees to comply and attempt to curb migration. But sources close to and involved in discussions argue they’ve identified the incentives and pressure points to have countries cooperate. The executive actions and reviews underway by the Trump team include the return of the program informally known as “remain in Mexico,” which requires migrants to stay in Mexico during their immigration proceedings in the US. “A second-term Trump administration will expand ‘burden-sharing’ deals with Honduras, Guatemala and El Salvador that cut off pathways to the US for asylum-seekers.

Persons: Donald Trump’s, Trump, it’s, they’ve, Biden, ”, they’re, “ It’s, Claudia Sheinbaum, Trump’s, El, Nayib Bukele, “, Andrew Selee, CNN’s Phil Mattingly Organizations: Washington CNN —, “, Western Hemisphere, Governments, Trump, Northern, Policy Institute Locations: America, United States, Mexico, Panama, Darien, Venezuela, China, Guatemala, El Salvador, Honduras, Angeles

☆ ‘A lot of fear:’ Trump’s deportation proposals are already rattling workers
▼ + stars: | 2024-11-21 | by ( Alicia Wallace | ) edition.cnn.com time to read: +12 min

“People are afraid of walking the streets right now; there’s a lot of fear … a lot of fear,” Sanchez said. “Shrinking worker (supply) in a period in which those sectors need more workers and are having a hard time finding workers will clearly generate a slowdown,” Peri said. Although temporary farm visas — known as H-2A — do exist, there is no legal way to have year-round foreign workers. “We know [undocumented immigrants] are working, they’re not sitting at home,” he said. “The slowing in immigration that’s broadly anticipated will probably show up in tighter labor markets for lower-skilled workers,” he said in an interview.

Persons: Donald Trump’s, Sam Sanchez, ”, Sanchez, ” Sanchez, Giovanni Peri, Peri, Ron Estrada, “, ” Estrada, farmworkers, Joe Sohm, Farmworker Justice’s Estrada, Carolinians, they’re, “ They’ve, Biden, Trump, Michael Feroli, Julia Pollak, Scott Olson, it’s, Joe Brusuelas, ” Karoline Leavitt, Vance, Joanne Eriaku, Eriaku, she’s Organizations: CNN, Chicago, Coast Hospitality Group, “, Global Migration, University of California, Davis, UCDavis, Migration Center . Business, Biden, Farmworker, North Carolina Growers Association, Congressional, CBO, JPMorgan, Republican National Convention, RSM, Trump, United Nations, UN, Social Locations: America, Mexico, Little, San Francisco, Chicago, ”, Milwaukee, Chicago’s Little, Springfield , Ohio, New York City, Uganda, Eriaku, Kenya, United States

☆ FBI seizes websites that North Koreans allegedly used to impersonate American companies
▼ + stars: | 2024-11-21 | by ( Sean Lyngaas | ) edition.cnn.com time to read: +3 min

SentinelOne researchers traced the front companies to a larger set of organizations based in China. One American entrepreneur told CNN that, according to the FBI, his company had unwittingly sent tens of thousands of dollars to the North Korean government. It’s not the first time that researchers have traced North Korean IT worker operations to northeast China. CNN reported in April on a North Korean computer server that contained illustrations that appeared to have been produced for US animation studios. Logs from the North Korean computer server showed multiple visits from internet connections in northeast China.

Persons: Biden, Trump, ” Tom Hegel, Hegel, Dakota Cary, It’s Organizations: CNN, FBI, North Korean, US, Court, Massachusetts, cyberattacks, White, Korean, North Locations: SentinelOne, China, Korea, American, Arizona, Pyongyang, Liaoning, North Korea, Korean, North Korean

☆ Want to live a rich life? Start by looking to the affluent.
▼ + stars: | 2024-11-21 | by ( Sponsored Mastercard | ) www.businessinsider.com time to read: +6 min

New Mastercard research shows affluent consumers enjoy optimizing their wallets with "financial gymnastics." While prioritizing experiences and legacy-building, affluent consumers don't accept anything less than the speediest and most convenient payment options. Those based in Asia Pacific tend to go even further, juggling approximately 7.5 payment methods. We see this every day in our work with banks across Asia Pacific: Affluent consumers are no longer motivated by simply accumulating assets. Reliable payment methods free up time that is better spent with loved ones or pursuing passions.

Persons: Sandeep Malhotra, prudently Organizations: Mastercard, Products, Innovation, Insider Studios Locations: Asia Pacific, India, Hong Kong

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

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

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

☆ Trump’s turn to bask in Musk’s reflected glory
▼ + stars: | 2024-11-20 | by ( Stephen Collinson | ) edition.cnn.com time to read: +12 min

Musk, the Tesla and SpaceX visionary, has spent the last two weeks basking in Trump’s reflected glory at Mar-a-Lago. He’s around so much it’s almost like he’s family, and he even made it into a photo of Trump’s extended clan. Trump’s growing cultural cloutTrump’s visit to Musk’s launchpad was also the latest occasion since the election when he has inserted himself into high-profile photo-ops. The hit perhaps reflects Trump’s starry-eyed infatuation with Musk’s amazing array of spaceships and limitless ambition. With Musk, Trump might get more than he bargained for.

Persons: Donald Trump, Elon Musk, Robert F, Kennedy Jr, —, “, ”, Trump, Rushmore, Donald Jr, Texas Sen, Ted Cruz, Ronny Jackson, Musk, it’s, ” Trump, Greg Autry, Vivek Ramaswamy, Chandan Khanna, It’s, Kena Betancur, Joe Rogan, Theo Von, Musk’s launchpad, who’s, Anna Moneymaker, Kim Jong Un, MAGA, Elton John, DOGE, Andrew Harnik, Tim Pawlenty, CNN’s Erin Burnett, “ Trump, Volodymyr Zelensky, Emmanuel Macron, Kim Organizations: CNN, Elon, SpaceX, Texas, White, Trump, University of Central, of Government, Fox News, Tesla, UFC, Madison, Getty, YouTube, Barstool Sports, Republican Party, House Republicans, Hyatt, Minnesota Gov Locations: Texas, Washington, New York, Great State of Texas, He’s, Trump, Gulf of Mexico, United States, University of Central Florida, AFP, Novi , Michigan, Korean, Washington ,, Mar, Minnesota, Russia, Paris

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