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This article is part of Times Opinion’s Giving Guide 2024. Read more in a note from Times Opinion’s editor, Kathleen Kingsbury. ProPublicaThe political devolution that led Americans to elect Donald Trump again has many causes, but one of them is the collapse of local news. In the absence of strong local journalism, conspiracy theories and demagogy have flourished. Trump will return to office at a moment of weakness and instability for the journalism business.

Persons: Read, Kathleen Kingsbury, Donald Trump, Trump Organizations: Politico, Progress

☆ In new bitcoin bull market, it's time to beware of the same old crypto scams
▼ + stars: | 2024-11-29 | by ( Cheryl Winokur Munk | ) www.cnbc.com time to read: +8 min

The issue is compounded by the fact that legitimate strategies to make money with bitcoin are being discussed publicly by reputable sources. That, coupled with the technological advances of AI, makes scams seem more real, even for more sophisticated investors, industry professionals said. Coinbase is seeing several scams in which cyber thieves send a text claiming a crypto owner's account has been compromised. How families get defraudedThere's the adage, "If it sounds too good to be true, it probably is," but when it comes to crypto scams, people still take the bait. Another red flag is if an organization asking for money claims crypto is the only payment option, Velasquez said.

Persons: Eva Velasquez, Elon Musk, Merrick Theobald, Trump, Coinbase, scammers, Jeff Lunglhofer, Theobald, Howard Greenberg, Greenberg, you've, Yaya Fanusie, Fanusie, Velasquez Organizations: Theft Resource, Federal Bureau of, Investors, Engadget, Government, Cryptocurrency Association, Crypto, Innovation, LinkedIn, SEC Locations: Liechtenstein, cryptocurrency

☆ Uber and Lyft drivers say Waymo's robotaxis are hurting their earnings in Phoenix and LA
▼ + stars: | 2024-11-29 | by ( Jacob Zinkula | ) www.businessinsider.com time to read: +6 min

AdvertisementUber and Lyft drivers in Phoenix and LA have said driverless taxis are hurting their earnings. Some Uber and Lyft drivers have said the driverless taxis operating in their markets are driving down their earnings. Some drivers told BI this was already happening. AdvertisementRestrictions on robotaxis could help reduce competitionJohn, a 43-year-old Uber and Lyft driver in Phoenix, said he thought Waymo One's robotaxis had hurt his earnings. He sometimes asks his passengers about their experiences using driverless taxis to get a better understanding of his competition.

Persons: Jason D, Jason, Uber, Carl Benedikt Frey, Frey, Waymo, didn't, Mobileye, John, Waymo One's robotaxis, Brad, aren't, Nicole Moore, who's Organizations: Phoenix, Austin, Oxford Internet Institute, Drivers United Locations: Phoenix, LA, Los Angeles, San Francisco, Atlanta, Las Vegas, —, Waymo, robotaxis

☆ 5 big questions about how tech will look under Trump
▼ + stars: | 2024-11-29 | by ( Clare Duffy | ) edition.cnn.com time to read: +10 min

He sought to swat down legal protections for tech platforms. Many Republicans are eager to see the Trump administration address what they see as “censorship” of right-leaning voices by many mainstream social media platforms. That could mean reforming or reinterpreting Section 230, which shields tech platforms from liability for their users’ posts and allows the platforms to moderate content as they see fit. In essence, Carr could attempt to pass a rule that would make it possible to sue tech platforms under that new interpretation. Ultimately, that could mean hamstringing tech companies’ efforts to reduce hateful or false content on their platforms.

Persons: Trump, Donald Trump, – —, Trump’s, TikTok, Mark Zuckerberg, He’s, it’s, Elon Musk, Will TikTok, “, he’ll, Shou Zi Chew, Kent Nishimura, Alan Rozenshtein, ” Rozenshtein, You’re, doesn’t, isn’t, Will Trump, … we’ve, ” Musk, Joe Biden, Biden, ”, John Villasenor, Brendan Carr, Carr, Gigi Sohn, Tom Wheeler, Evan Greer, Lina Khan, JD Vance, Musk, Khan, Tayfun, – Khan, ” Villasenor, ” Greer, Republican Sen, Marsha Blackburn of, Democratic Sen, Richard Blumenthal, Mike Johnson Organizations: New, New York CNN, Google, Big Tech, Trump, Bloomberg, Getty, University of Minnesota, Apple, CNN, “, Fox News, Republican, UCLA Institute for Technology, Law, Federal Communications Commission, FCC, Democratic, Federal Trade Commission, Biden, White, Trump White House, Microsoft, Activision Blizzard, Kroger, Albertsons, FTC, Department, DOJ, TV, Senate Locations: New York, United States, —, Washington ,, Marsha Blackburn of Tennessee, Connecticut

Learn moreBlack Friday is almost here, and if you're in the market for a new winter coat this season, now's definitely the time to shop. The best Black Friday women's winter coat dealsHalfdays Wheeler Parka $277.00 $395.00 Save 30% This winter parka is as technical as it is stylish. View at HalfdaysFrank and Oak The Hygge Puffer Coat $268.99 $449.00 Save 40% Wrap yourself in warmth with this sustainably made coat. View at Saks Fifth AvenueBlack Friday winter coat FAQsIs Black Friday a good time to buy winter coats? Warmth is usually noted by "fill" power; for a seriously warm coat, look for 650-800 fill power down.

Persons: now's, Frank, Wheeler Parka, Halfdays Wheeler Parka, Wheeler, Oak, Barbour, Woolrich GORE, TEX Marshall Parka, GORE, pare Organizations: Business, Saks, parka, Columbia, Columbia Outdoor Research, Parka, Saks Fifth Locations: Frank, Columbia, Patagonia, Cashmere

From trendy, size-inclusive jeans to cozy sweaters and cold-weather layers, you'll find us stocking up during Abercrombie's Black Friday sale. We're rounding up all the best deals from across the internet throughout the weekend, so be sure to keep an eye on our best Black Friday deals hub. Abercrombie & Fitch Ultra Puffer $120.00 $160.00 Save 25% “I’ve been buying Abercrombie & Fitch winter coats for years, and I’ve never been disappointed in a purchase," says freelance writer Talia Ergas. Black Friday is one of the best times to shop at Abercrombie, thanks to a site-wide sale and double discounts. Check out our roundup of all of the best Black Friday deals.

Persons: you'll, Abercrombie, You'll, I’ve, Talia Ergas, Puffer, Pick Abercrombie, Sally Kaplan, I'm, Fitch Abercrombie, Fitch, Jean, Amir Ismael, sweatshirt, Abercrombie Abercrombie, Abercrombie ? Organizations: Business, Abercrombie's, Abercrombie, Abercrombie & Fitch, Fitch, Fitch New York Jets Locations: Abercrombie

Learn moreThe holiday (shopping) season has begun, and the Paramount Plus Black Friday deals offer some savings on your first two months of service. There are deals on both tiers of Paramount Plus, with up to 76% savings in total until December 4. The 2024 sale makes both Paramount Plus Essential and Paramount Plus with Showtime just $3 per month for the first two months. What are the differences between Paramount Plus Essential and Paramount Plus with Showtime? The Paramount Plus Essential plan costs $60 per year, and the Paramount Plus with Showtime plan costs $120 per year.

Persons: we've Organizations: Business, Paramount, Paramount Plus, Showtime, CBS, NFL, Nickelodeon, Comedy Central, BET, MTV, UEFA Champions, UEFA Champions League, Black

☆ Putin hails Trump as a 'smart and experienced person' who can bring peace to Ukraine
▼ + stars: | 2024-11-29 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +2 min

AdvertisementPutin says Trump is a "smart and experienced person" and can "come up with a solution" to the Ukraine war. In 2022, Trump also said that he "knew Putin very well" and got along "great" with the Russian leader. Russian President Vladimir Putin believes President-elect Donald Trump will be able to put an end to the ongoing war in Ukraine. The Kremlin denied the call had taken place, while a spokesperson for the Trump campaign said they "do not comment on private calls" between Trump and other foreign leaders. AdvertisementShortly after Russia invaded Ukraine in 2022, Trump called Putin's move "genius" and "wonderful."

Persons: Trump, Putin, Vladimir Putin, Donald Trump, Joe Biden's, Zelenskyy, Volodymyr Zelenskyy, Clay Travis, Buck Sexton Organizations: Putin, Business, Fox News, Washington Post, Kremlin, Trump, Biden's Locations: Ukraine, Kazakhstan, Kazakhstan's, Astana, Russia, Europe

☆ Putin tells Russians there's no reason to panic as the ruble sinks, but analysts say its economy is in trouble
▼ + stars: | 2024-11-29 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +4 min

The Russian currency hit its lowest level against the dollar since March 2022 this week. The Russian currency traded at 114 to the dollar on Wednesday, its weakest level since March 2022, shortly after the Ukraine invasion began. AdvertisementA Wednesday headline in the state newspaper Rossiyskaya Gazeta read, "Panic attack for Russia's currency market." Other countries, such as India, have snapped up Russian oil instead, tempering the impact of price caps and other penalties. The collapse of Russia's Ruble (black) is a reminder how badly the EU failed on Russia.

Persons: Vladimir Putin, Putin, Gazeta, Russia Robin Brooks, XbOwqiABRd — Robin Brooks, George Pavel, Brent, Kathleen Brooks, Brooks, Trump Organizations: Analysts, RIA Novosti, Kommersant, Brookings Institution, EU, Russia Locations: Russia, Russian, Ukraine, Russia's, India

☆ Is the vibecession about to end?
▼ + stars: | 2024-11-29 | by ( William Edwards | ) www.businessinsider.com time to read: +5 min

Optimism surged post-2016 election, with small businesses planning to hire more employees. Yes, that's a portmanteau of vibes and expansion, and it's the upbeat version of its better-known cousin, the vibecession. Advertisement"Small business owners lean Republican," said Oliver Allen, a senior US economist at Pantheon Macroeconomics, in a November 12 note. Goldman Sachs"After Donald Trump was elected the 45th President in November 2016, the National Federation of Independent Businesses (NFIB) small business optimism index skyrocketed. "We expect an improving small business operating environment will boost the sentiment and spending of SMBs in 2025 and lift the earnings and valuation of stocks with revenues tied to that spending."

Persons: Kyla Scanlon, National Bureau of Economic Research hasn't, there's, Donald Trump's, Oliver Allen, Goldman Sachs, Donald Trump, David Kostin, they're, Daniel Zhao, Louis, Zhao Organizations: National Bureau of Economic Research, Pantheon, National Federation of Independent Businesses, Chief US, Economics, Workers, Glassdoor, Louis Fed Locations: St

☆ FTX scammer Caroline Ellison has already had nearly 4 months shaved from her scheduled release from prison
▼ + stars: | 2024-11-29 | by ( Natalie Musumeci | ) www.businessinsider.com time to read: +4 min

AdvertisementCaroline Ellison appears to have had her scheduled prison release date moved up. And it appears that Ellison — the ex-girlfriend of Bankman-Fried, the FTX and Alameda Research founder — has already had her release date moved up. Federal Bureau of Prisons records viewed by Business Insider this week show Ellison's prison release date as scheduled for July 20, 2026 — which is more than three months short of two years. But you're not inviolable," Kaplan told Ellison at the time. "On some level, my brain doesn't even comprehend all the people I harmed," Ellison told the court.

Persons: Caroline Ellison, Sam Bankman, Ellison —, —, Ellison, Lewis Kaplan, couldn't, scot, Kaplan, Fried, Bankman, Sean, Diddy, Combs Organizations: Alameda Research, Correctional Institution, Federal Bureau of Prisons, Business, of Prisons, Metropolitan Detention Locations: Danbury, Connecticut, Bankman, Brooklyn

☆ 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

Learn moreIf you're in the market for a men's winter coat, there is truly no better time to grab one than during Black Friday deals events. Keep reading to discover the best Black Friday deals on men's winter coats, and stay warm while saving big. View at Todd SnyderBlack Friday winter coat FAQsIs Black Friday a good time to buy winter coats? Warmth is usually noted by "fill" power; for a seriously warm coat, look for 650-800 fill power down. Check out our roundup of all of the best Black Friday deals .

Persons: L.L.Bean, Bean, Barbour, Barbour Todd Snyder, Todd Snyder, pare Organizations: Business, Black, Brands, Parka, Patagonia, Country, Barbour, luxe Locations: Baxter, L.L, Bean Fjallraven, Patagonia, Black, Beaufort

Learn moreMint Mobile's Black Friday deals offer exceptional discounts on the carrier's already affordable plans and are among the best Black Friday deals overall. If you purchase a new phone through Mint Mobile, you can get a year of the carrier's unlimited plan for $15/month, a 50% discount. For more sales, check out our guide to all of the best Black Friday deals. The best Mint Mobile Black Friday dealsMint Mobile (Any 3-Month Plan) $45.00 $90.00 Save 50% All of Mint Mobile's three-month plans are now discounted for new customers. View at Mint MobileMint Mobile Black Friday FAQsIs Mint Mobile good?

Organizations: Business, Mint Mobile, Google, Mobile, Mint Mobile Mint Mobile, Apple, Samsung

☆ Photos show inside the rebuilt Notre Dame Cathedral ahead of its reopening
▼ + stars: | 2024-11-29 | by ( Mikhaila Friel | Nathan Rennolds | ) www.businessinsider.com time to read: 1 min

AdvertisementNotre Dame Cathedral in Paris is set to reopen on December 7. Take a look at new images of the restored cathedral below. Notre Dame Cathedral, one of Paris' most iconic buildings, is set to reopen its doors on December 7, more than five years on from the devastating fire that ravaged its roof and toppled its spire. In a post on X, Macron shared a photo, writing alongside it: "Achieving the impossible together. Business Insider has compiled some images of the restored building below.

Persons: It's, Archbishop, Emmanuel Macron, Macron Organizations: Notre Dame Cathedral, Notre Dame, That's Locations: Paris, That's France

☆ Store-brand stuff is having a moment
▼ + stars: | 2024-11-29 | by ( Alex Bitter | ) www.businessinsider.com time to read: +4 min

AdvertisementShoppers are still buying store brands at the grocery store and beyond to save money. Retailers from Walmart to Amazon Fresh have launched new store brands this year. Shoppers are still reaching for store-brand items to save money on everything from organic milk to business casual clothing — even as inflation slows. AdvertisementCircana said store brands made up 25.5% of grocery items sold in 2023, up from 24.7% the previous year. AdvertisementAldi quality tests 35,000 products a year for its store brands, Patton said.

Persons: John Rainey, Target, Nordstrom, Nordstrom's, Peter Nordstrom, Circana, Scott Patton, Patton Organizations: Private, Retailers, Walmart, Amazon, Shoppers, Unilever, Procter, Gamble, Saver, Nordstrom, Aldi, Aldi USA

Our experts are rounding up all the best Black Friday gaming laptop deals so you can snag a great price on a powerful new system. Though more of an entry-level gaming option, the A15 is one of our picks for the best budget gaming laptops you can buy. These Black Friday gaming laptop deals are set to last until midnight PT, but some could extend into the weekend and Cyber Monday. View at Amazon What we like Check mark icon A check mark. View at AmazonBlack Friday gaming laptop FAQsIs Black Friday a good time to shop for gaming laptop deals?

Organizations: Business, Asus, AMD, Intel, Nvidia

This Black Friday, shopping at L.L.Bean is even more affordable thanks to a 15% off sitewide sale. For all of the top discounts across Style and more, check out our guide to the best Black Friday deals. View at L.L.BeanL.L.Bean Men's Signature Cotton Fisherman Sweater $101.15 $119.00 Save 15% This cozy knit is a versatile layering piece thanks to its breathable cotton construction. BeanL.L.Bean Hunter's Tote Bag $38.20 $44.95 Save 15% Water-resistant, rip-resistant, and reinforced for extra durability, this tote bag is designed to handle even the most rugged of activities. View at L.L.BeanL.L.Bean Wicked Plush Throw $25.45 $29.95 Save 15% L.L.Bean’s Wicked Plush Throw is one of our favorite fleece blankets we tested.

Persons: Armour, Bean Organizations: Business, L.L.Bean Locations: L.L.Bean, tote, Maine, L.L

☆ How did Nvidia expand nearly 20-fold in just over 20 years?
▼ + stars: | 2024-11-29 | by ( Hallam Bullock | ) www.businessinsider.com time to read: +4 min

In today's newsletter, we're looking at how Nvidia expanded nearly 20-fold in just over 20 years . The big storyNvidia's meteoric riseNvidia's workforce has increased more than 20-fold in the last twenty years. The data behind the evolution of Nvidia's workforce tells the story, BI's Emma Cosgrove writes. Nvidia's workforce has grown nearly 20-fold since 2003. In 2019, Microsoft's median employee salary was nearly $20,000 higher than a Nvidia worker.

Persons: Hallam Bullock, London ., Anna Kim, Getty, Tyler Le, BI's Emma Cosgrove, Andy Kiersz, it's, Emma, Ella Hopkins, Milan Sehmbi Organizations: Business, Nvidia, Citi, Tech, Google, Microsoft, Apple Locations: London, Silicon Valley

☆ Spain approves law allowing 4 days of 'paid climate leave' after recent deadly floods
▼ + stars: | 2024-11-29 | by ( Joshua Nelken-Zitser | ) www.businessinsider.com time to read: +3 min

AdvertisementSpain has approved a law granting employees up to four days of paid climate leave. Spain is enacting a new law granting employees up to four days of paid climate leave following last month's devasting floods, which killed more than 200 people. "For the first time, Spain will have paid climate leave for working people," she said. In an interview with Spanish broadcaster RTVE, Díaz said the paid leave will be relevant whenever an authority issues a climate-related alert that advises people to stay at home for safety reasons. AdvertisementSpain's economy minister, Carlos Cuerpo, said on Thursday that the paid leave applies when employees cannot safely reach their workplace or work remotely, Euronews reported.

Persons: Yolanda Díaz, RTVE, Díaz, Esther Lynch, Lynch, Carlos Cuerpo Organizations: Spain's, Labour, Social, Ministers, European Trade Union Confederation, The Bank of Spain Locations: Spain, Valencia, Spanish, Valencian

☆ JPMorgan's top biotech stock picks for 2025 as sector looks for a comeback year
▼ + stars: | 2024-11-29 | by ( Sean Conlon | ) www.cnbc.com time to read: +4 min

While 2024 marked another "challenging" year for biotech stocks, some names could be slated for upside in the months ahead, according to JPMorgan. That said, biotech stocks specifically have not seen nearly the same level of gains. Wall Street is mostly bullish on Vertex, as 21 of the 35 analysts covering the stock have a strong buy or buy rating. The stock has advanced 13% in 2024, and JPMorgan thinks it is "well positioned" for continued expansion. "We believe the portfolio will see appreciation for several value drivers in 2025," analyst Brian Cheng told clients.

Persons: Jessica Fye, Fye, Tessa Romero, Brian Cheng Organizations: JPMorgan, Dow Jones Industrial, Nasdaq, Vertex Pharmaceuticals, Immune, Edgewise Therapeutics

For example, right now, you can take 10% off a $100 Uber gift card or 20% off a $50 Spafinder gift card. As Black Friday sales tend to come and go, check this page often as we continue to update with new gift card deals. The best Black Friday gift card dealsInstacart $100 Gift Card $100.00 Instacart is a handy way to get ahold of your groceries without ever leaving the house. View at AmazonGap Options Gift Card $9.00 $10.00 Save 10% Take 10% off any denomination between $10 and $500 gift card using promo code SHOPEARLY. View at Giftcard.comBlack Friday gift cards FAQWhat is the best gift card to give?

Organizations: Business, Old Navy, Walmart, Financial, Bureau, Target Locations: Banana Republic

☆ Post Market Wrap: November 29, 2024
▼ + stars: | 2024-11-29 | 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 EmailNews Update – Market CloseCNBC brings you fast, accurate, and actionable business news and market updates.

Organizations: CNBC

Learn moreRight now, Solo Stove is having its biggest sale of the year for Black Friday — up to 50% off all fire pits, pizza ovens, camping stoves, furniture, and other backyard and outdoor gear. The best Black Friday Solo Stove dealsStaff Pick Solo Stove Bonfire 2.0 Fire Pit $229.99 $249.99 Save 8% The Solo Stove Bonfire 2.0 is the best fire pit we've tested because its design facilitates blazing fires with minimal smoke. View at Solo Stove What we like Check mark icon A check mark. Didn't live up to "smokeless" advertisingStaff Pick Solo Stove Mesa Tabletop Fire Pit $39.99 $79.99 Save 50% The Solo Stove Mesa is the best small fire pit we tested. View at Solo StoveBlack Friday Solo Stove FAQsHow does a Solo Stove fire pit work?

Persons: Stove, it's, You'll Organizations: Business, Black, Solo

Top Black Friday MacBook deals include a $200 discount on Apple's new 14-inch MacBook Pro with M4 processor and a $300 discount on the 16-inch model with M4 Pro processor. The best Black Friday MacBook dealsApple MacBook Air 13-inch M2 (2022) $749.00 $999.00 Save 25% The 2022 MacBook Air introduced Apple's M2 processor, which improved performance over the M1 version. View at Amazon Highlights New, larger display for the MacBook AirPowerful performance at a more reasonable price than the ProApple MacBook Air 13-inch M3 (2024) $844.00 $1,099.00 Save 23% The 2024 MacBook Air uses the same redesign Apple first introduced with the 2022 MacBook Air. Various MacBook Pro and MacBook Air models are now down to all-time low prices. Apple's MacBook offerings are separated into two main lineups: the MacBook Air series and the MacBook Pro series.

Organizations: Business, Pro, Apple, Highlights, MacBook, Pro Apple MacBook, Air, Intel, M4

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