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☆ Number of PwC partners taking early retirement jumps amid consulting slowdown
▼ + stars: | 2024-11-23 | by ( Polly Thompson | ) www.businessinsider.com time to read: +2 min

AdvertisementDozens of UK partners at PwC will take early retirement in December, Sky News reported. More PwC partners than usual will take early retirement at the end of this year, marking another shake-up at the firm's UK division since the appointment of a new boss, Marco Amitrano, in Spring. PwC's 1,030 UK partners were informed this week via a voice memo from Amitrano that dozens of partners would take early retirement next month, Sky News reported. AdvertisementThe jump in partners taking early retirement follows a series of changes following Amitrano's elevation to senior partner for the UK and Middle East in April. UK partners at PwC took home an average of £862,000 (about $1.1 million) this financial year, 5% less than they did in 2023.

Persons: PwC, Marco Amitrano, —, Amitrano Organizations: PwC, Sky News, Big, — Deloitte, EY, KPMG, East, Deloitte, Labour Locations: Spring

☆ Women are arming themselves with technology to protect against violence. Is it working?
▼ + stars: | 2024-11-23 | by ( Lauren Mascarenhas | ) edition.cnn.com time to read: +7 min

She used her cell phone to share her location with trusted friends. Investigators were able to use location data from both Riley’s and her attacker’s phones to trace their movements the day of Riley’s death. The other side of the coinAdvocates for victims and survivors of gender-based violence say technology can be a powerful safety tool. The National Network to End Domestic Violence created the Safety Net Project to educate survivors and advocates about tech safety and privacy. Surveillance video corroborated the student’s account, and cell phone location data linked Riley’s killer to the incident.

Persons: Laken Riley, Laken’s, Lauren Phillips, Jose Ibarra, ”, Riley, Arvin Temkar, smartwatch, Jane Anderson, AEquitas, Anderson, “, ” Anderson, Alex Murdaugh, Maggie Murdaugh, Paul Murdaugh, Bryan Kohberger, Richard Allen, –, it’s, Stephanie Love, Patterson, ” Jose Ibarra, Hyosub Organizations: CNN, University of Georgia, University, Georgia, GPS, University of Idaho, National Network, “, UGA Locations: Delphi , Indiana, Georgia

☆ 3 charts that help explain fluoride in drinking water
▼ + stars: | 2024-11-23 | by ( Soph Warnes | ) edition.cnn.com time to read: +8 min

According to CDC figures, as of 2022, 72% of the US population receives fluoridated drinking water. There are 36,767 water systems in 36 states with publicly available information on the CDC‘s website, a small slice of the estimated number of drinking water systems in the US. In Kentucky, 93.8% of these reported water systems are fluoridated, and at the bottom end, only 3.7% of water systems reported in Alaska are fluoridated. From the publicly available data on water system fluoride levels, two water systems, both located in South Carolina, reported fluoride concentration levels above WHO guidelines. A 2010 Nevada study found that living in a community with fluoridated drinking water was associated with lower incidences of decayed, missing or filled teeth.

Persons: Donald Trump, Robert F, Kennedy Jr, Kennedy, won’t, John Fawell, Fawell Organizations: CNN, Human Services, Senate, US Centers for Disease Control, Prevention, CDC, WHO, World Health Organization, Blackpool, Research, Cranfield University Locations: United States, America, Hawaii, Washington , D.C, Kentucky, Alaska, South Carolina, Nevada, Canadian, Calgary, Edmonton, Manchester, Iceland, Japan, Italy

☆ Shoppers are ready to open their wallets this holiday season — for the right deals
▼ + stars: | 2024-11-23 | by ( Alex Bitter | ) www.businessinsider.com time to read: +5 min

AdvertisementShoppers are willing to spend this holiday season, but many are still budget-conscious. Shoppers appear ready to spend this holiday season, but many aren't giving up the search for bargains just yet. Multiple signals suggest that some shoppers feel less pinched financially as the biggest shopping season of the year ramps up. As such, many are looking for good deals, as they have been for much of this year, while still spending on the holiday season. Friday's retail sales growth showed "a good early step forward into the holiday shopping season," National Retail Federation Chief Economist Jack Kleinhenz said.

Persons: Claire Tassin, Tassin, Milton, Jack Kleinhenz, Kleinhenz, Doug McMillon, John Rainey, Rick Gomez Organizations: Shoppers, Morning, Retailers, Nordstrom, Bank of America Institute, University of Michigan's, Hurricanes, Retail Federation, Census Bureau, Walmart, Target

☆ Opinion | ‘Wicked’ Revels in the Glory of Female Frenemies
▼ + stars: | 2024-11-23 | by ( Jennifer Weiner | ) www.nytimes.com time to read: +1 min

When Glinda and Elphaba, the leads of the new movie adaptation of “Wicked,” clap eyes on each other, it’s loathe at first sight. Glinda, short for Galinda, played by Ariana Grande, is pale and pretty in pink. Elphaba, played by Cynthia Erivo, is glowering in glasses and green skin. “No, I am not seasick; yes, I have always been green; and no, I did not eat grass as a child,” she says. And right then, you know where you are: Act One of a classic frenemy love story.

Persons: Glinda, it’s, Glinda shrieks, Elphaba smirks, she’s, Ariana Grande, Cynthia Erivo, ”, —, Vivian Kensington, Woods, Cher Horowitz, Tai Frasier, “, you’ve Organizations: Harvard, Beverly

☆ Trump Promised to Halve Energy Costs in 18 Months. Experts Have Doubts.
▼ + stars: | 2024-11-23 | by ( Lisa Friedman | ) www.nytimes.com time to read: +1 min

President-elect Donald J. Trump repeatedly promised voters that he would cut energy and electricity prices in half within 18 months of taking office. The emerging plan is a repackaging of Mr. Trump’s energy policy. Advisers think Mr. Trump can lower prices by boosting oil and gas production, which is already at record levels in the United States. But energy industry experts noted that a president has limited tools to influence how much Americans pay at the pump, and even less leverage when it comes to electricity prices. More than a dozen experts said Mr. Trump’s strategy might succeed in lowering prices, but not enough to meet his goal.

Persons: Donald J, Trump Locations: United States

In a joint statement Sunday, the Israeli Prime Minister’s Office and the Ministry of Foreign Affairs said Kogan’s body had been located by UAE authorities. “The murder of Tzvi [Zvi] Kogan, of blessed memory, is a heinous antisemitic terrorist act. The State of Israel will use all means at its disposal to bring the perpetrators of this crime to justice,” the statement said. Kogan worked alongside other Chabad emissaries to establish and expand Judaism in the UAE. Relations between the UAE and Israel thawed in recent years.

Persons: ” Zvi Kogan, Tzvi, Zvi, Kogan, Israel Katz, “, Zvi Kogan, Rivky, Rabbi Gavriel Holtzberg, Israel thawed, Abraham Organizations: CNN, United Arab, Moldovan, Prime, Office, Ministry of Foreign Affairs, UAE, Israel’s Defence, Abraham Accords, Reuters Locations: United Arab Emirates, Dubai, State, Israel, UAE, Mumbai, Gulf

☆ I spent 10 years and $800,000 renovating an Arkansas missile silo. It's my greatest accomplishment, but I don't recommend others try it.
▼ + stars: | 2024-11-23 | by ( Dan Latu | ) www.businessinsider.com time to read: +9 min

AdvertisementArkansas resident GT Hill purchased a missile silo, decommissioned in the 1980s, for $90,000 in 2010. He bought a $90,000 decommissioned missile silo and turned it into an Airbnb. If it's a Walking-Dead-style apocalypse, you don't want to be in a missile silo because then you're trapped inside. Lastly, I was interested in owning a missile silo because it's just kick ass. Courtesy of GT HillI found my missile silo, called Titan II, online.

Persons: Hill, I'm, It's, we're, We've, We'd, we've, Kara, Nate, Lynne Peeples, everybody's, it's Organizations: GT Hill, GT, Air Force, US, Titan Locations: Arkansas, Vilonia , Arkansas, Oregon, Searcy , Arkansas, Russia

☆ Florida deputy found not guilty after botched arrest left suspect with severe burns
▼ + stars: | 2024-11-23 | by ( Amanda Musa | ) edition.cnn.com time to read: +6 min

Osceola County deputy David Crawford was one of several law enforcement officers attempting to arrest Jean Barreto on February 27, 2022. The Osceola County Sheriff’s Office did not immediately respond to CNN’s request for comment regarding claims that deputies were searching for the wrong suspect. However, the sheriff’s office provided a statement to CNN on Saturday regarding Crawford’s acquittal, saying it respects the jury’s decision. CNN has reached out to the sheriff’s office for more information regarding his employment following the not-guilty verdict. At least three Osceola County Sheriff’s vehicles surrounded the pump.

Persons: David Crawford, Jean Barreto, Barreto, Osceola County Sheriff Marcos Lopez, Crawford, tased Barreto, ”, Michael Barber, “, I’m, Ryan Williams, Albert Yonfa, Yonfa, Jean, ” Yonfa, ” Barreto, ” Crawford, Barreto’s, Lopez, ” Lopez, bodycam, ‘, CNN’s Andi Babineau Organizations: CNN, Osceola County Sheriff, WESH, Osceola County Sheriff’s, of, Explosives Investigations Locations: Florida, Osceola County, Wawa, Orange County, Osceola

☆ Trump vs. the FBI, explained
▼ + stars: | 2024-11-23 | by ( Zachary B. Wolf | ) edition.cnn.com time to read: +8 min

But there’s a growing expectation that he will quickly make at least one new vacancy by firing FBI Director Christopher Wray. “There certainly was the question, can any president fire an FBI director when there’s a legislated 10-year term,” Charles said. Robert S. Mueller III, who happened to be the former FBI director. In this 2017 photo, then-President Donald Trump sits with FBI Director Christopher Wray in Quantico, Virginia. Trump wants to go in the opposite direction today and bring the FBI more under the control of the president.

Persons: Donald Trump, Christopher Wray, Trump, Wray, J, Edgar Hoover’s, he’d, James Comey, Comey, Barack Obama, Bill Clinton, William Sessions, Jimmy Carter, Clarence Kelley, Carter, Kelley, Douglas Charles, there’s, ” Charles, Hillary Clinton, Clinton, Andrew Harnik, cascaded, Rod Rosenstein, Rosenstein, Jeff Sessions, Robert S, Mueller III, Mueller, Obama, Trump’s, Paul Manafort, Michael Cohen, Bill Barr, didn’t, Steele, Robert Mueller, Chip Somodevilla, Peter Strzok, Lisa Page, Strzok, Andrew McCabe, McCabe, Wray Wray, John Durham –, Barr, Sessions, Evan Vucci, Douglas Organizations: CNN —, Republican, FBI, Trump, Democratic, GOP, Penn State University, Department, Trump’s Justice Department, NBC News, Senate Intelligence, Justice, Trump’s, Justice Department, Images Trump, CNN, Department of Justice, Teapot Locations: Russia, Washington ,, Washington, New York, Quantico , Virginia

☆ I taught my kids how to be entrepreneurs from a young age. As teens, they've made about $10,000 so far.
▼ + stars: | 2024-11-23 | by ( Amanda Miller Littlejohn | ) www.businessinsider.com time to read: +5 min

AdvertisementI help people package and monetize their skills, and I've helped my kids do the same. From when they were young, they've published books, sold baked goods, and more. I told him that if he wrote a little more, I'd help him publish his story as a book on Amazon. He did a few book talks and book fairs, and all of his book sale money went into a high-yield CD. As of now, they've made around $10,000 from book sales, bake sales, audio editing, and digital art sales combined.

Persons: I've, they've, Connor, Amanda Miller Littlejohn Logan, Logan, they're, Amanda Miller Littlejohn, that's

☆ Hezbollah Said to Be Using Copy of Israeli Missile Against Israel
▼ + stars: | 2024-11-23 | by ( Lara Jakes | Ronen Bergman | ) www.nytimes.com time to read: +1 min

The Lebanese militant group Hezbollah has been using an advanced missile against Israel that was reverse-engineered from an Israeli weapon it captured in a past war, according to Israeli defense officials. Hezbollah fighters are believed to have seized the original Israeli Spike anti-tank missiles during the 2006 Israeli-Hezbollah war in Lebanon and shipped them to their main state backer, Iran, for cloning, Israeli and Western defense officials and weapons experts say. Eighteen years later, Hezbollah is firing the rebranded Almas missiles at Israeli military bases, communication systems and air-defense launchers with enough precision and power to pose a significant challenge for Israeli military forces. The missiles have a range of up to 10 miles and carry advanced guidance seekers to track and lock onto targets. That Iran and its proxy forces have cloned weapons systems to use against the very adversaries who designed them is not new.

Organizations: Hezbollah Locations: Lebanese, Israel, Lebanon, Iran

☆ Opinion | Trump: Protector of Women — or Predators?
▼ + stars: | 2024-11-23 | by ( Maureen Dowd | ) www.nytimes.com time to read: 1 min

Donald Trump proclaimed that he would be the protector of women. That seems to involve anointing creeps from whom women need protection. If you want to see women flying high, dominating the landscape and unmasking a fake wizard, see “Wicked.”In Oz, women are defying gravity. In America, many have been grounded, under the thumb of a wicked wizard. Trump set his restoration’s macho tone in a return to Madison Square Garden for an Ultimate Fighting Championship event.

Persons: Donald Trump, ”, Trump, Marc Caputo, Republican Caesar who’s, he’s Organizations: Madison, Garden, CNN, Republican Locations: America

☆ China's 'ruinous' EV price war cannot last forever, says Volkswagen exec
▼ + stars: | 2024-11-23 | by ( Chris Johnston | Daniel Zwick | ) www.businessinsider.com time to read: +4 min

AdvertisementVolkswagen is committed to China despite a "ruinous" domestic EV price war, its brand chief says. Volkswagen remains firmly committed to China despite a "ruinous" EV price war by domestic rivals that has hit overseas automakers hard, its boss said. VW group sales in China fell by 12% in the first nine months of this year amid the rising popularity of models made by domestic manufacturers. Toyota maintained its top spot in the world for the fourth consecutive year in 2023, selling 11.2 million vehicles globally — about 2 million more than the VW group. "We build cars in China for China; the same is happening in Europe and North America.

Persons: Thomas Schäfer, Schäfer, Axel Springer, Mary Barra, Wang He, Donald Trump's, Trump, Elijah Nouvelage Organizations: Volkswagen, VW, Welt, Business, General, Rival German, BMW, Mercedes, Benz, Audi, Porsche, Labor, Toyota Locations: China, Germany, Europe, Spain, Czech Republic, Portugal, Slovakia, USA, Mexico, Canada, Chattanooga , Tennessee, North America

☆ The economist who predicted the election outcomes in detail tells BI his forecasts for 2025 GDP, inflation, and the threshold that would explode the deficit
▼ + stars: | 2024-11-23 | by ( Laila Maidan | ) www.businessinsider.com time to read: +4 min

AdvertisementChristophe Barraud predicted a Republican sweep and spike in the 10-year yield. Barraud, a top US economy forecaster, expects GDP growth to exceed consensus forecasts. He also expects higher inflation and shares concerns over the deficit crossing 7.5% of GDP. AdvertisementHe previously said that US GDP growth in 2025 would be stronger than expected at 2.1%, above Bloomberg's consensus forecast of 1.9%. A stronger labor market will cause this, especially wage growth and new job creation, combined with labor shortages from restrictive immigration policy.

Persons: Christophe Barraud, Kamala Harris, Donald Trump, Barraud, I'm, Trump Organizations: Republican, Market Securities Monaco, Bloomberg, Trump, Congressional, Office, Tax Foundation

☆ Microsoft is finally testing its Recall photographic memory search feature. It's not perfect
▼ + stars: | 2024-11-23 | by ( Jordan Novet | ) www.cnbc.com time to read: +3 min

Microsoft on Friday started letting people test Recall, its so-called photographic memory search feature for the latest Copilot+ PCs. Microsoft first touted Recall in May as a prominent feature that would only be available for cutting-edge Copilot+ PCs running the Windows 11 operating system, like the latest Surface Pro. A backlash from cybersecurity experts about the potential risks of Recall, however, led Microsoft to revamp it. Copilot+ PCs with AMD or Intel chips are out of luck for now. WATCH: Microsoft to release controversial Windows Recall AI search feature to testers in October

Persons: It's, you've Organizations: Microsoft, Pro, Qualcomm, Windows, AMD, Intel Locations: New York

☆ It's time to get serious about fixing the nation's power grid. That puts these stocks in a sweet spot
▼ + stars: | 2024-11-23 | by ( Paulina Likos | ) www.cnbc.com time to read: +8 min

The U.S. electric grid needs a total body makeover. With Duke Austin, a fourth-generation lineman, at its helm, Quanta Services has a long history in electric power infrastructure. The backbone of the electric grid Transmission and distribution is the backbone of the electrical grid, delivering power from generation sites to consumers. PWR YTD mountain Quanta Services shares year to date MasTec MasTec has been in comeback mode. MYR Group Goldman expects MYR Group is well positioned for 2025.

Persons: Neil Mehta, Goldman Sachs, weren't, Goldman, Mehta, Duke Austin, Carly Davenport, Davenport, Austin, Goldman's Mehta, they're, MasTec, Jose Mas, MasTec's, Truist, Jamie Cook, McCoy, Cook, Ati Modak, Modak, MYR Organizations: U.S, Edison Electric Institute, MYR, CNBC, Management, MYR Group Locations: U.S, Austin

☆ The cult of the ‘Spoons’: Inside the spartan, cavernous pubs that divide Britain
▼ + stars: | 2024-11-23 | by ( Will Noble | ) edition.cnn.com time to read: +15 min

Wetherspoon pubs are an institution in the UK. More than 800 Wetherspoon chain pubs freckle the country — from The Muckle Cross in Scotland to The Tremenheere in Cornwall. The Moon Under WaterA Wetherspoon pub (now closed) featuring the face of chain founder Tim Martin on its sign. Recalling a well-meaning yet beleaguered teacher from his childhood, Martin renamed the pub “Wetherspoon.” (The “J D” was a nod to J.D. “The thing about Wetherspoons pubs which differentiates them from many is that they have a very wide cross-section of customers.

Persons: London CNN — Utter, ”, George Orwell, ” Orwell, Orwell, Francophile foodies, Oxford marmalade, Biscuits, boozer, cobbling, Tim Martin, Alex Davidson, Wetherspoons don’t, Alexander Graham Bell, Sir John Borlase Warren, Tim Martin’s, Martin —, New Zealand —, “, serendipitously, Martin, Boss ” Hogg, “ The Dukes, Hazzard, George Orwell’s, ” Martin, Mortimer, ‘ ahh, I’ve, George Orwell ’, Stout, Waters, Gareth Fuller, questing, Angus, you’re, Maureen McLean, “ Mate, Wetherspoons ”, ‘, ’ ”, Thomas Frost, Orwell’s, drunks, ” Tim Martin, benedict, tipple —, Ale, Whatever’s, it’s, Boris Johnson, Henry Nicholls, Nigel Farage Organizations: CNN, London CNN, “, Oxford, Stroud, Crosse, Royal Victoria, rowdies, London's, Airport, PAL, YouTube, European Union, Getty Locations: London, Britain, Scotland, Cornwall, “, Yorkshire, England, Swansea, Edinburgh, Nottingham, Muswell Hill, North London, Norwich, New Zealand, Stroud Green, Watford, Ramsgate, City of London, Kent, Scottish, ”, Wetherspoons, Liverpool, Gatwick, South London, AFP, British, Clacton, Poland, Ireland, America

☆ Harry Kane breaks Erling Haaland’s goalscoring record to become fastest player to reach Bundesliga milestone
▼ + stars: | 2024-11-23 | by ( Thomas Schlachter | ) edition.cnn.com time to read: +2 min

CNN —Harry Kane became the fastest player to score 50 Bundesliga goals as Bayern Munich beat Augsburg 3-0 on Friday. The 31-year-old striker netted all three of Bayern’s goals as the club continued its impressive start to the Bundesliga season. Kane has now scored 50 goals in 43 games in the German top division, beating Erling Haaland’s record of 50 goals in 50 games when he was starring for Borussia Dortmund. Kane scored twice from the penalty spot before completing his hat-trick with an innovative finish. With time running out, Bayern Munich midfielder Leon Goretzka delivered a perfectly weighted cross which found Kane in the Augsburg box.

Persons: Harry Kane, Kane, Erling Haaland’s, “, ” Kane, Leonhard Simon, Leon Goretzka, –, Vincent Kompany Organizations: CNN, Bayern Munich, Augsburg, Bundesliga, Borussia Dortmund, Reuters, ” Bayern Munich, ”, Bayern, RB Leipzig, French, PSG, Champions League Locations: England, Augsburg

☆ Russia will keep testing new ‘Oreshnik’ missile, Putin says
▼ + stars: | 2024-11-23 | by ( Katharina Krebs | Christian Edwards | ) edition.cnn.com time to read: +2 min

CNN —President Vladimir Putin said Friday that Russia will continue to test and start mass-producing the hypersonic ballistic missile that it fired at Ukraine Thursday. The firing of the missile came after the White House authorized Ukraine to fire its long-range missiles into Russia. In a televised meeting with the leadership of Russia’s defense ministry, Putin claimed the missile could not be intercepted by air defenses and said Russia will begin serial production of the new weapon. Putin added Russia was developing “several similar systems” for further testing. Putin’s comments come a day after Russia fired the “Oreshnik” missile – which contains multiple warheads – at the Ukrainian city of Dnipro.

Persons: Vladimir Putin, Putin, ” Putin, ”, Volodymyr Zelensky, ” Zelensky, Donald Tusk Organizations: CNN, Friday, Ukraine, White House, Poland’s, NATO Locations: Russia, Ukraine, Ukrainian, Dnipro

☆ Activist Ananym has a list of suggestions for Henry Schein. How the firm can help improve profits
▼ + stars: | 2024-11-23 | by ( Kenneth Squire | ) www.cnbc.com time to read: +8 min

Henry Schein is a leading global distributor of health-care products and services primarily to office-based dental and medical practitioners. Health care distribution covers Henry Schein's distribution of dental and medical products, such as laboratory products, pharmaceuticals, vaccines, surgical products, dental specialty products and diagnostic tests. While Henry Schein has successfully carved into the office-based physician niche as the No. Henry Schein is a great company that has gotten sleepy and been allowed to coast when it could have been soaring. Several directors have been in their seats at Henry Schein for over a decade and the board lacks best-in-class distribution expertise.

Persons: Henry Schein, Charlie Penner, Alex Silver, Schein's, Henry Schein's, Patterson, Benco, Schein, Stanley Bergman, Ananym, Ken Squire Organizations: Ananym Capital Management, Jana Partners, P2 Capital Partners, Cardinal Health, 13D Locations: New York, EBITDA ., EBITDA

☆ I was proud to have an amicable $500 divorce. I didn't realize managing the finances of co-parenting would be much harder.
▼ + stars: | 2024-11-23 | by ( Kelly Burch | ) www.businessinsider.com time to read: +5 min

AdvertisementSheri Atwood was proud that she managed to divorce amicably for just $500. However, navigating co-parenting expenses with her ex eventually led to animosity. I felt we had dodged a bullet by having a cheap, amicable divorce despite having significant assets, including multiple homes and a boat. After the divorce, we started fighting about moneyAfter the divorce, I felt like we were constantly discussing — or arguing over — money. I realized everyone talks about an amicable divorce, but no one talks about what comes after that.

Persons: Sheri Atwood, Atwood, I'd, nannies, I've, It's Locations: Tijuana

☆ A judge compared OpenAI to a video game company in its court battle with The New York Times
▼ + stars: | 2024-11-23 | by ( Lakshmi Varanasi | Lauren Edmonds | ) www.businessinsider.com time to read: +4 min

The judge used an analogy to a video game company to explain her decision. The New York Times sued OpenAI in December, arguing that the company used its articles without permission to train ChatGPT. She then offered an analogy to explain her decision, comparing OpenAI to a video game manufacturer and the Times to a copyright holder. If a copyright holder sued a video game manufacturer for copyright infringement, the copyright holder might be required to produce documents relating to their interactions with that video game manufacturer, but the video game manufacturer would not be entitled to wide-ranging discovery concerning the copyright holder's employees' gaming history, statements about video games generally, or even their licensing of different content to other video game Manufacturers. The case is one among dozens of copyright cases filed against OpenAI, including by media organizations like the New York Daily News, the Denver Post, and The Intercept.

Persons: OpenAI, Ona T, Wang, Sarah Silverman, Silverman, Rob Lowe, that's, Axel Springer Organizations: Times, New York Times, OpenAI, New York Daily News, Denver Post, Raw, Business

☆ Welcome to the mullet market: Steady benchmarks in the front, crypto party in the back
▼ + stars: | 2024-11-23 | by ( Michael Santoli | ) www.cnbc.com time to read: +7 min

This market is starting to summon the lighthearted take on a mullet haircut: business in the front, party in the back. BTC.CM= YTD mountain Bitcoin, YTD Every bullish argument for bitcoin comes down to "More people will soon have more ways to buy more of it." I've tracked the interplay between bitcoin and Nvidia shares for a while. The market's immediate response was simply to allow Nvidia to hold onto the $2.3 trillion in market value it's added this year, but not to pile on more. Meaning the current pace of new money entering these funds is not as heavy relative to total market value as it was nearly four years ago.

Persons: Trump, bitcoin, I've, John Roque, Warren Pies Organizations: Nasdaq, Nvidia, Nvidia ramped, Vanda Research, Trump, 22V Research, Bloomberg, Federal Reserve, 3Fourteen Research Locations: lockstep, bitcoin

☆ A Lesson for America? Reversing Populist Policies Is Tough, Poland Finds.
▼ + stars: | 2024-11-23 | by ( Andrew Higgins | ) www.nytimes.com time to read: +1 min

He promised salvation for a country “in ruins” — an end to immigration, a civil service stripped of entrenched left-wing opponents, a judiciary purged of meddlesome judges and a news media giving voice to the people instead of elites. Those campaign pledges — similar to ones made by Donald J. Trump during his successful bid for a second term as U.S. president — helped bring Jaroslaw Kaczynski and his nationalist Law and Justice party to power in Poland in 2015. More than a year after an election that ended that party’s eight-year rule, its liberal successors are still struggling to undo the “new state apparatus” that Mr. Kaczynski helped put in place and that legal experts say seriously damaged Poland’s legal system. Unwinding the legacy of populist conservative rule “takes longer than you expect,” said Adam Bodnar, the justice minister at the forefront of the new government’s efforts to reverse Poland’s retreat from liberal democracy under Law and Justice.

Persons: Donald J, Trump, —, Jaroslaw Kaczynski, Kaczynski, “, ”, Adam Bodnar Organizations: Justice, Law Locations: Poland

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