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Gold prices were headed for their best week in a year on Friday, supported by safe-haven demand amid further escalations in the Russia-Ukraine war, while investors assessed the outlook for U.S. interest rate cuts. Gold prices were headed for their best week in a year on Friday, supported by safe-haven demand amid further escalations in the Russia-Ukraine war, while investors assessed the outlook for U.S. interest rate cuts. Bullion was up nearly 5% for the week so far, its best week since early October 2023. Gold's appeal is bolstered by geopolitical tensions, economic risks and a low interest rate environment. Meanwhile, the Chicago Federal Reserve President on Thursday reiterated his support for further U.S. interest rate cuts and his openness to slowing them down.
Persons: Bullion, Edward Meir, Bitcoin, Michelle Bowman, Nicholas Frappell Organizations: Trump, Chicago Federal, ABC Refinery Locations: Russia, Ukraine, Dnipro, U.S
Barack Obama was elected president, and the mood in the Republican Party picked up on the mood you’ve already described. But in the end, what he did electorally was not in that election to build the pan ethnic working class Republican Party. But at the very least, there was the conventional wisdom was that the Republican Party had to move substantially to the left on immigration. I just think that if the Republican Party is not the party of private property and wealth building, so I don’t think. Is there any chance that the Republican Party is about to not be the party of private property and wealth building No, no, I think you’re right.
Persons: I’m Ross Douthat, Donald Trump didn’t, Trump, I’ve, Reihan Salam, Reihan, George W, I’m, pry, Ross, Ross Douthat, let’s, Bill Kristol, Bush, Boomer, Giuliani, Ronald Reagan, wasn’t, Bill O’Reilly, Ross Reihan, Bush’s, Barack Obama, Obama, That’s, Mitt Romney, Paul Ryan, Ryan, Rush Limbaugh, notionally, Jeb Bush, Marco Rubio, Bill Clinton, Donald J, Let’s, it’s, It’s, , Donald Trump, Rudy Giuliani, Will, electorally, Romney, we’d, didn’t, Pat, John McCain, Frank, Kavanaugh, Trump’s, George Floyd, Biden, hadn’t, progressivism, premised, ender, New Party ”, ryan, neoliberals, Steve Bannon, Steve Moore, we’re, Moore, Bannon didn’t, COVID, JD Vance, Elon Musk, Musk, he’s, Vance, hasn’t, Clinton, Hillary Clinton, Margaret Thatcher’s, Reagan, Roosevelt, Republican policymaking, we’ve Organizations: New York, Republican Party, Manhattan Institute for Policy Research, New Party, New York Times, Harvard Institute of Politics, Harvard, The, Democratic, Great Society, Republicans, Republican, Reagan Democrats, Tribune, Trump, Perot, Tea Party, Party, Social Security, Grand New Party ”, Romney, Obama Trump voters, GOP, Amnesty, Reagan, Biden, American, America, romney, Infrastructure, Clinton Democrat, Uc Locations: Washington , DC, Northwestern, Washington ,, New York, Washington, Iraq, America, , China, American, United States, Clinton, it’s, Nevada
He books hotels based on which have the best gym, including machines like a leg press. AdvertisementNanjiani's ideal gym has a leg press and shoulder press machineNanjiani said the two pieces of fitness equipment he's most excited to see in a hotel gym are a leg press and a shoulder press machine. Advertisement"I love a leg press machine. It doesn't have a leg press machine, so I'm doing squats," he said. But his go-to for upper body exercise is the shoulder press machine because it helps ensure safety and good form even at higher intensities.
Persons: Kumail Nanjiani, Nanjiani, I'm, Emily, I've Organizations: Quest Nutrition
DON'T MISS: The ultimate guide to negotiating a higher salary If you want to have a smooth transition into a satisfying retirement life, there are many questions you can ask yourself — chief among them, "Do I have enough money saved?" Be honest: Would you say work is what you do, or who you are? Now think about the aspects of your pre-retirement self you'd like to carry over into your retirement life in some way. If you can do that honestly, you're more likely to find a satisfying retirement on the other side. Teresa received her Ph.D. in psychology from Stanford University, and she is the co-author of "Retiring: Creating a Life That Works for You."
Persons: , Irene, she'd, Victor, Jay, Teresa M, Amabile, Edsel Bryant Ford, Teresa Organizations: Harvard Business School, Edsel, Business Administration, Stanford University Locations: Cape Cod
Hong Kong CNN —In the summer of 2018, when former President Donald Trump launched a trade war with Beijing, the Chinese economy was riding high. There was even talk it could soon overtake the United States as the world’s largest. But last year, Mexico overtook China as the top exporter of goods into the United States, according to the Commerce Department. China had held that perch for 20 years before its exports to the United States fell by 20% to $427 billion last year. Women walk at a fashion accessories store displaying a poster to promote Singles' Day discounts at a shopping mall in Beijing, China, on November 11, 2024.
Persons: Donald Trump, Trump, , Dexter Roberts, Joe Biden, Matthews, Wang Shouwen, ” Andy Rothman, , Liza Tobin, Calvin Klein, Tommy Hilfiger, Beijing’s, don’t, Sean Callow, Callow, Andy Wong, Rothman, Xi Jinping, Larry Hu Organizations: Hong Kong CNN —, Trump, Atlantic Council, Commerce Department, Matthews Asia, Treasury, CNN, PVH Corp, Bain & Company, ITC Markets, US, Peterson Institute, National Bureau of Statistics, Gross, Macquarie Bank Locations: China, Hong Kong, Beijing, United States, Mexico, Lianyungang, US, Xinjiang, , Shanghai, New York,
Never has a chess world championship titleholder seemed as vulnerable. On Monday, Ding Liren, the reigning world champion, will begin a match in Singapore to defend the title against the 18-year-old player Gukesh Dommaraju. His results were far below his previous level and also below the level of what might be expected of a world champion. A month later, in a Chess 960 tournament in Germany, he lost 10 of 13 games. (Chess 960 is a variant in which the pieces on the back ranks are shuffled into one of 960 possible starting configurations.)
Persons: Ding Liren, Gukesh, Ding, Ian Nepomniachtchi Locations: Singapore, China, Netherlands, Germany
AdvertisementDina Winter-Robinson and her twin were homeless and constantly late for school at the age of 13. AdvertisementI suspect my 8th grade science teacher, Mrs. Falcoff, never knew what a gift she gave to me — a desperately shy teen who barely spoke at school — by making me feel heard. Related storiesEven though I admired Mrs. Falcoff, my shyness meant I hardly spoke to her. I'll never forget Mrs. FalcoffMom wrote the letter, which I gave to Mrs. Falcoff the next day. I've never forgotten Mrs. Falcoff and the important part she played in my life.
Persons: Dina Winter, Robinson, Falcoff, Gina, Auntie Marjorie, We'd, they'd, Dina, we'd, didn't, Falcoff Mom, Auntie Marjorie's, Mom, I've Organizations: New, Business Locations: New York City, Bronx, Brooklyn
National Geographic released its annual "Pictures of the Year" issue this week, showcasing 20 photographs — out of some 2.3 million in contention — that depict striking scenes of nature, wildlife and human connection to the world. Emperor penguins have been increasingly moving from low-lying ice to higher, more permanent ice shelves as climate change changes their environment, according to National Geographic. Source: Ami Vitale by National GeographicIn January, scientists at the BioRescue project transferred a southern white rhino embryo into a southern white rhino female. Only two are left, according to National Geographic. The cover of National Geographic's "Pictures of the Year" issue, dated December 2024, shows researchers in Gabon's Bongolo Cave.
Persons: Bertie Gregory, penguins, Ingo Arndt, Arndt, Ami Vitale, Concan, Babak Tafreshi, Jason Gulley, Gulley, I've, Davide Monteleone, Synhelion, Peter Fisher, he's, Fisher, Robbie Organizations: Geographic, Pictures, National, National Geographic, Germany's University of Konstanz, Taurus, CNBC Travel, Fanning, CNBC Locations: Antarctica, Konstanz, Germany, Kenya, Texas Texas, Texas, Fanning Springs, Park, Florida, Suwannee, Swiss, Antigua, Guatemala
AdvertisementA new study found that postpartum depression rates doubled over the past decade. A new study from JAMA found that postpartum depression diagnoses have doubled in the last decade. AdvertisementPlowing ahead, potentially ignoring postpartum depression symptoms, can lead to quicker burnout — and leaving a career entirely. AdvertisementPostpartum depression can be hard to identifySymptoms of postpartum depression range from intense mood swings to thoughts of harming your baby. Fornaro's husband worried about her postpartum depression and offered to pay for a nanny, which she initially refused.
Persons: Bri Ramos, Ramos, Ramos Zoloft, Nehaa, Stephanie Fornaro, it's, Justine Sterling Converse, Converse, hadn't, Fornaro, Clayton Shuman Organizations: Business, JAMA, Kaiser Permanente Locations: Kaiser Permanente Southern California, Texas, Greece, Iceland, North Macedonia
CNN —Laken Riley’s name was heard in court countless times and repeated by politicians around the country who described her brutal killing. They listened carefully and often sobbed as witnesses described how the last moments of Riley’s life unfolded. From left, Connolly Huth, roommate of Laken Riley, Lauren Phillips, sister of Laken Riley, and Sofia Magana, roommate of Laken Riley, react as Superior Court Judge H. Patrick Haggard announces the verdict on Wednesday. Hyosub Shin/Pool/APShe wanted to live a ‘faithful Christian life’At 22, Riley’s life was largely guided by her Christian faith. He also took a moment to remind people how rich Riley’s life was before it ended.
Persons: Jose Ibarra, Ibarra, Lilly Steiner, Connolly Huth, Laken Riley, Lauren Phillips, Sofia Magana, H, Patrick Haggard, Hyosub, , ” Riley’s, Allyson Phillips, , Jesus, ” Riley, John Phillips, Hyosub Shin, Laken, ” Abby Phillips, Riley, ” Lauren Phillips, , Huth, Steiner, ” Steiner, “ Laken, ” Magana, ” John Phillips Organizations: CNN, University of Georgia’s, Superior Court, Atlanta, AP, Augusta University’s College of Nursing Locations: Woodstock , Georgia, Georgia, St, Honduras, Athens, Clarke, Athens , Georgia, Laken, University of Georgia’s Oconee Forest Park, Lake Herrick
CNN —President-elect Donald Trump on Friday announced his picks for critical remaining public health roles in his incoming administration. He or she also serves as vice admiral of the US Public Health Service Commissioned Corps, overseeing this group of uniformed officers who seek to promote the nation’s health. “And if you remember, under the President Trump administration’s leadership, you’ll recall that we had incredible public health policies, President Trump’s unparalled creation of Operation Warp Speed was one like we’ve never seen before. Chan School of Public Health. “The superiority of natural immunity over vaccinated immunity is clear.”CDC directorThe director of the CDC leads the nation’s foremost public health agency, which deals with disease prevention and control and environmental health.
Persons: Donald Trump, Trump, Janette Nesheiwat, Marty Makary, Dave Weldon, Robert F, Kennedy Jr, Trump’s, Kennedy, CNN’s Kaitlan Collins, “ We’re, ” Nesheiwat, you’ll, we’ve, Johns Hopkins, Makary, , Weldon, , Terri Schiavo, Brian Stelter, Meg Tirrell Organizations: CNN, Friday, Food and Drug Administration, US Centers for Disease Control, National Institutes of Health, US Department of Health, Human Services, Senate, CDC, US Public Health Service, Corps, Fox News, American Board of Family Medicine, American University of, University of Arkansas, Medical Sciences, FDA, Johns Hopkins University, Sidney Kimmel Medical College of Thomas Jefferson University, Harvard, of Public Health, National Academy of Medicine, World Health Organization, Street, Journal, Agency, Toxic Substances, SUNY, Army, Letterman Army Medical Center, Army Reserve, American Board of Internal Medicine, Assurance, Agency for Vaccine, HHS, Disease Control Locations: Florida, Caribbean, St, Maarten, New York, Chan, Buffalo
The interest rate outlook will come back into focus next week with key inflation data and Federal Reserve meeting minutes coming out ahead of Thanksgiving, as investors wrap up a major month for markets following President-elect Donald Trump's election victory. The October personal consumption expenditure (PCE) price index set to release Wednesday could dent already-dimming hopes for a December rate cut if it comes in hotter than expected. The inflation rate is expected to have increased 0.2% month over month and 2.3% year on year. Rosy expectations Even with the interest rate cut expectations coming in, investors are optimistic on the direction for stocks to close out the year and into 2025. Goldman Sachs' David Kostin this week said he expects the S & P 500 can end next year at 6,500.
Persons: Donald Trump's, , Luke O'Neill, Stocks, O'Neill, Goldman Sachs, David Kostin, Morgan Stanley's Mike Wilson, Brian Belski, Tom Hainlin, Jeff Cox Organizations: Federal Reserve, Alpha Fund, Nasdaq, Dow Jones, BMO, UBS, Bank Asset Management, Dell Technologies, Chicago, New, Richmond Fed, Devices, Autodesk, PCE Deflator, Chicago PMI Locations: U.S, Chicago
Swedish battery maker Northvolt filed for Chapter 11 bankruptcy protection in the U.S., delivering a hard blow to Europe's electrification ambitions. A partner of major European automakers, Northvolt produces lithium-ion batteries for the blooming electric vehicle industry, which has recently been rocked by intensifying competition. "This decisive step will allow Northvolt to continue its mission to establish a homegrown, European industrial base for battery production," said Tom Johnstone, interim chairman of Northvolt's board. "Despite near-term challenges, this action to strengthen our capital structure will allow us to capture the continued market demand for vehicle electrification," he added. The Stockholm-based business has long been regarded as Europe's best hope of building a homegrown EV battery champion.
Persons: Northvolt, Tom Johnstone Organizations: EV Locations: Skelleftea, Sweden, Swedish, U.S, Stockholm
One of the most iconic catches in NFL history — a play that would change Odell Beckham Jr.’s life — started with a misunderstanding and a poor route. Odell Beckham Jr. catches a one-handed touchdown and it is arguably one of the most iconic catches in NFL history. The two would spend hours outside their college dorm, throwing footballs to each other and practicing one-handed catches. When it did, Beckham told his teammate that the catch “changed his life.”Zay Flowers' locker is right next to Odell Beckham Jr.'s in the Ravens locker room. He has the one-handed catch against the Cowboys.
Persons: , Odell Beckham Jr, Eli Manning, ” Manning, it’s, that’s, Odell, , Jameel McClain, Beckham, ” Beckham, , It’s, Beckham’s, Brandon Carr, Manning, Garrett Wilson, GARRETT WILSON, “ There’s, Cris Collinsworth, Al Michaels, ” It’s, Jarvis Landry, “ That’s, Jarvis ’, Beckham didn’t, ” McClain, Ben McAdoo, Tom Coughlin wasn’t, Coughlin, ” McAdoo, “ Don’t, Carr wasn’t, Carr, ” Odell Beckham Jr, didn’t, Elsa, Getty, Collinsworth, Malcolm Butler, Michaels, ” Collinsworth, I’m, Odell Beckhams, “ I’ve, Aaron, Rodgers, Brett, Favre, gasps, “ We’ve, Geoff Schwartz, ” Said McClain, Zay Flowers, Flowers, ” Flowers, ike, J ames, rade Organizations: New York Giants, NFL, Giants, MetLife, NBC, Dallas Cowboys, NBC Sports, The Miami Dolphins, Los Angeles Rams, Cincinnati Bengals, Cowboys, New York Jets, LSU, Auburn, New, Atlanta Falcons, Sunday, New England Patriots, Athletic, Dallas, Baltimore Ravens, Ravens, ust, ard Locations: , New York, Manning, South Florida, Baltimore, ife
How the EV era is challenging leading engine maker Honda
  + stars: | 2024-11-22 | by ( Robert Ferris | In | ) www.cnbc.com   time to read: +3 min
Honda is the world's largest engine manufacturer, powering about 27 million cars, motorcycles, generators, yard tools, airplanes, and other items. But it is struggling in some key regions, especially China, and it's challenged by the era of electric vehicles. Honda has been relatively slow to release models, and it has depended heavily on partners to keep up. Honda does have an in-house EV plan and its own platform. It's sinking $65 billion into EVs and software globally, including $11 billion in Canada and $3.5 billion for upgrades to facilities in the United States.
Persons: it's, Karl Brauer, they'd, Jake Fisher, Honda's, Gregory Noble Organizations: Honda, Acura, Ferrari, Lamborghini, Porsche, McLaren, Consumer, U.S, General Motors, Detroit, Toyota, University of Tokyo's Institute of Social Science Locations: U.S, China, Canada, United States
The popularity of non-English shows has led Netflix to double down on them. In 2025, Netflix plans to release its own original Japanese historical drama. AdvertisementSeries like "Last Samurai Standing" highlight the streaming service's efforts to double down on non-English shows — especially as they gain popularity worldwide. In recent years, Netflix has also produced a stream of non-English shows. These shows are popular among the streaming giant's 282 million subscribers; in their latest engagement report, non-English shows comprised nearly a third of all viewing.
Persons: Junichi Okada, Kaata Sakamoto, Bela Bajaria, Hiroyuki Sanada, Bajaria, That's, Organizations: Netflix, Nikkei, FX, Disney, Business Locations: Japan, Nikkei Asia, Hulu
CNN —Russia’s use of a nuclear-capable ballistic missile on Thursday is the latest escalation in the Ukraine war. The use of what Vladimir Putin said was a ballistic missile with multiple warheads in offensive combat is a clear departure from decades of the Cold War doctrine of deterrence. Ballistic missiles with multiple warheads, known as “multiple independently targeted reentry vehicles,” or MIRVs, have never been used to strike an enemy, experts say. Aftermath of Russian missile strike in Dnipro, Ukraine, on November 21, 2024. Pakistan reportedly tested a missile with multiple warheads in 2017, and earlier this year India said it had successfully tested a MIRVed ICBM.
Persons: Vladimir Putin, MIRV, ” Hans Kristensen, Kristensen, Matt Korda, , Manish Swarup, Korda, ” Kristensen Organizations: CNN, West, Federation of American, Russian, Ballistic, Federation of American Scientists, Union of Concerned Scientists, Center for Arms Control, AP Locations: Ukraine, Dnipro, That’s, US, Ukrainian, Russia, United States, Europe, China, United Kingdom, France, Pakistan, India, New Delhi, North Korea
View at Quince What we like Check mark icon A check mark. Super softCheck mark icon A check mark. 11 colors to choose fromCheck mark icon A check mark. Fits the bed well and feels durableCheck mark icon A check mark. Produces a lot of lintFAQs about the Quince Black Friday saleWhen does the sale start and end?
Persons: Quince, we've, it's Organizations: Business, DTC Locations: cardigan
LONDON — European stocks are expected to open higher on Friday, as investors closely monitored further escalations in the Russia-Ukraine war. It comes after the pan-European Stoxx 600 index snapped a four-session losing streak to close around 0.5% higher on Thursday. Gold prices extended gains on Friday and were on course for their best week in a year amid concerns over the conflict. Asia-Pacific markets mostly rose on Friday, tracking gains on Wall Street that saw the S&P 500 index log gains for a fourth straight day. U.S. stock futures edged higher overnight, on track to end the week with gains across the three major averages.
Persons: Germany's DAX, Vladimir Putin Organizations: France's CAC, IG Locations: Russia, Ukraine, Kyiv, Ukrainian, Dnipro, Asia, Pacific
"Gladiator II" and "Wicked" are facing off at the box office this weekend. Related storiesCritics Score Audience Score "Wicked" 90% 98% "Gladiator II" 72% 84%If time is of the essence, there's no tie-breaker there. AdvertisementRuntime "Wicked" 2h 40m "Gladiator II" 2h 28mIf you want something you can see with the whole family, the choice is clear: "Wicked" is more kid-friendly. 'Gladiator II' has more Paul Mescal in it, thoughPaul Mescal is in "Gladiator II" and not "Wicked." Ultimately, follow your own taste"Wicked" nor "Gladiator II" are both worth the price of theater admission (and maybe even a popcorn and soda).
Persons: there's, Ridley Scott, Russell Crowe, Joaquin Phoenix, Lucius Verus, Paul Mescal, Connie Nielsen, Jon M, Chu, Cynthia Erivo, Ariana Grande, Oz, you've, Glinda, It's, Oscar, Erivo, Pedro Pascal, Denzel Washington, Aidan Monaghan, belting, Ariana, Giles Keyte Organizations: Pictures, Paramount, New York Times, Universal Pictures Locations: Rome
We are buying 50 shares of GE Healthcare at roughly $81.51. Following the trade, Jim Cramer's Charitable Trust will own 975 shares of GEHC, increasing its weighting to 2.2% from about 2.1%. GE Healthcare may be best known for selling medical equipment like MRI and CT machines, but its pharmaceutical diagnostics business is what's most exciting right now. One more thing we liked was GE Healthcare commitment to expand its adjusted EBIT margins. This year, GE Healthcare expects its adjusted EBIT margin to be between 15.8% and 16%.
Persons: Jim Cramer's, Vizamyl, We've, Donald Trump, Jim Cramer, Jim Organizations: GE Healthcare, GEHC, GE, CNBC Locations: China
Learn moreWe're just a week away from the busiest online shopping day of the year, and the best early Black Friday clothing deals are already well underway. So, let's get into it: here are the best Black Friday deals (thus far) on clothes, shoes, and more for you and everyone on your list. The best Black Friday shoe dealsWhen you shop for shoes from department stores like Nordstrom or Zappos early, you'll find a daily rotation of new styles leading up to Black Friday. We've also scouted comfortable walking shoes, cozy clogs, and a discount on some of the best flats we've tested. Check out our roundup of all of the best Black Friday deals.
Persons: Jenni Kayne, they've, you've, let's, you'll, We've, Pick, editor's, JW Pei, Pei, I've, Jenni Kayne's, Pant, Cole Haan, Kenneth Cole Organizations: Business, Nordstrom, Nordstrom Staff, Madewell, Everlane's, Saks Locations: Nordstrom, Madewell, West, Cashmere
Advertisement"Outlander," "Based on a True Story," and "The Sex Lives of College Girls" return this week. Movies including "Blitz," "The Piano Lesson," and "Alien: Romulus" are streaming. Related VideoThe beloved historical drama "Outlander" is back with the second half of its seventh season, over a year after the last episodes aired. The Peacock drama "Based on a True Story" returns for its second season, and the HBO Max comedy "The Sex Lives of College Girls" premieres its third season. Here's a complete rundown of all the best movies, shows, and documentaries to stream this weekend, broken down by what kind of entertainment you're looking for.
Persons: Romulus, HBO Max Organizations: College Girls, HBO
AdvertisementNatalie Fischer quit her corporate job to become a solopreneur creating financial content. In 2023, Fischer took a leap of faith and quit her corporate job to focus full time on finance content creation as a solopreneur, or a one-person business. Advertisement"That gave me a lot of comfort knowing that if worse comes to worse, I can always get another job," Fischer said. You can do bothBeing a solopreneur and working a corporate role aren't diametrically opposed. Fischer has seen fellow solopreneurs balance a content creation business, a corporate role, and even write a book at the same time.
Persons: Natalie Fischer, Fischer, influencer, Fischer couldn't, She's, Fischer's, Goldman Sachs, didn't, I'd, Christine Ji Organizations: Business
CNN —Whoopi Goldberg’s latest venture, the All Women’s Sports Network (AWSN), has been a long time in the making. It took 16 years, but what the hey!”With AWSN having launched in the US last week, Goldberg has finally achieved a long-held ambition. Available in 65 countries and running 24/7, it is the first global network dedicated entirely to women’s sports. The channel will show live and delayed broadcasts of action from the likes of the UEFA Women’s Nations League, the Women’s Tennis Association and the FIBA 3x3 Women’s Series. Whoopi Goldberg partnered with Chicago-based hospital chain CommonSpirit to launch AWSN.
Persons: Whoopi Goldberg’s, “ I’ve, CNN Sport’s Don Riddell, , I’ve, Goldberg, AWSN, we’re, , , Whoopi Goldberg, Richard Shotwell, ’ ” Goldberg, Emma, Clyde Organizations: CNN, Women’s Sports, UEFA Women’s Nations League, Women’s Tennis Association, FIBA, WNBA, ESPN, USC, Purdue University Locations: Saudi Arabia, Chicago, Black
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