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☆ There's optimism in the C-suites of entertainment and media companies, says Puck's Matt Belloni
▼ + stars: | 2024-11-08 | 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 EmailThere's optimism in the C-suites of entertainment and media companies, says Puck's Matt BelloniMatt Belloni, Puck founding partner, joins 'Squawk Box' to discuss the state of the media landscape, impact of President-elect Trump's election victory on the sector, whether there will be more media deals in the future, and more.

Persons: Matt Belloni Matt Belloni, Puck, Trump's

☆ Here's why ETFs often have lower fees than mutual funds
▼ + stars: | 2024-11-08 | by ( Greg Iacurci | ) www.cnbc.com time to read: +2 min

Some experts say comparing average ETF fees to those of mutual funds isn't quite fair, because most ETFs have historically been index funds, not actively managed funds. To that point, index ETFs have a 0.44% average annual fee, half the 0.88% fee for index mutual funds, according to Morningstar. Similarly, active ETFs carry a 0.63% average fee, versus 1.02% for actively managed mutual funds, Morningstar data show. 'Cheap mutual funds also exist'ETFs and mutual funds are similar. While ETFs tend to be cheaper, on average, that's not to say mutual funds are always more expensive.

Persons: Zachary Evens, Evens, Michael McClary, that's, Bryan Armour Organizations: Morningstar, Investors, Valmark Financial, ETF, Trust, Mutual, North America Locations: U.S

☆ Drought plagues majority of Northeast as dry, windy weather raises fire risk
▼ + stars: | 2024-11-08 | by ( Denise Chow | ) www.cnbc.com time to read: +4 min

Several homes were evacuated as a wildfire spread through the Colliers Mills Wildfire Management Area in Ocean County, New Jersey. Lokman Vural Elibol/ | Anadolu | Getty ImagesDry and unseasonably warm conditions in the Northeast have plunged much of the region into drought, fueling wildfires in New Jersey, Connecticut and Massachusetts. "To have such persistent periods of really intense drought conditions is not very common." The Drought Monitor's latest map, released Thursday, showed drought conditions expanding from Virginia, Pennsylvania and New York up into Massachusetts and Maine. Dry conditions have intensified in some states, with parts of New Jersey, Pennsylvania, West Virginia and Maryland now in "extreme" drought.

Persons: Lokman Vural, Benjamin Cook, Lamont, Brian Fuchs, " Fuchs, Fuchs, rainier Organizations: Colliers, Management, Anadolu, Getty, National Oceanic, Atmospheric Administration, Regional Climate Center, D.C, U.S . Drought Monitor, University of Nebraska, U.S, Drought Monitor Locations: Ocean County , New Jersey, New Jersey , Connecticut, Massachusetts, U.S, Philadelphia, Newark , New Jersey, Wilmington , Delaware, Norfolk , Virginia, Washington, Palisades , New York, Virginia , Pennsylvania, New York, Maine, New Jersey , Pennsylvania, West Virginia, Maryland, Lincoln, New York , New Jersey, Pennsylvania, Great Lakes, Northeast

☆ Stores don’t sell your favorite product anymore. That’s on purpose
▼ + stars: | 2024-11-08 | by ( Nathaniel Meyersohn | ) edition.cnn.com time to read: +6 min

That’s just one example of companies eliminating an endless assortment of products to boost profit. Hormel is cutting some pepperoni products. Cutting products boosted companies’ profit margins by 0.9% compared to 2019, L.E.K. The strategy is going to make customers’ choices “a little simpler” and reduce re-stocking work for store employees, he said. Companies can upset customers who are loyal to a specific version of a product, pushing them to switch to another brand or stores’ private-label versions.

Persons: New York CNN — Pepperoni, Applegate, Jennie, Hormel, ”, That’s, Gene J, Rob Wilson, Levi’s, Todd Vasos, Scott Olson, Gina Goetter, Bob Eddy, Taco Bell, David Garfield, “ We’ve Organizations: New, New York CNN, CNN, Companies, L.E.K, Consulting, Starbucks, Hasbro, Dollar, BJ’s Wholesale, Walmart Locations: New York, Turkey, mayo, Asia

☆ Cramer's week ahead: Earnings from Home Depot, Disney and new CPI data
▼ + stars: | 2024-11-08 | by ( Julie Coleman | ) www.cnbc.com time to read: +2 min

CNBC's Jim Cramer on Friday identified what to look out for next week on Wall Street, highlighting earnings from Home Depot , Disney and new consumer price index data from the Labor Department. Cramer also reflected on the Trump-fueled market rally over the past few days, saying there are likely more gains to come. Tuesday has more action, with earnings from Home Depot, Shopify , Tyson Foods and Spotify . Because Tyson Foods is a major meat seller, Cramer said investors can learn a lot about grocery pricing from the company's earnings commentary. Cramer added that some believe there's weak demand in the semiconductor capital equipment sector, but he said it's possible an earnings report from Applied Materials could "change that dynamic."

Persons: CNBC's Jim Cramer, Cramer, Tyson, Shopify, he's Organizations: Home Depot, Disney, Labor Department, Trump, Home, Tyson Foods, Spotify, Federal, Cisco Locations: Shopify

☆ Toyota says California-led EV mandates are 'impossible' as states fall short of goal
▼ + stars: | 2024-11-08 | by ( Michael Wayland | ) www.cnbc.com time to read: +2 min

A sign is displayed outside a Toyota Motor Corp. dealership on Jan. 30, 2024 in Tokyo, Japan. Tomohiro Ohsumi | Getty Images News | Getty ImagesDETROIT — Toyota Motor sounded the alarm Friday that California-led electric vehicle mandates that are set to start next year are "impossible" to meet and, if they're not changed, will lead to less customer choice in several states. Battery-electric, fuel cell and, to an extent, plug-in hybrid electric vehicles qualify as zero emission under the regulations. At this point, it looks impossible," Jack Hollis, chief operating officer of Toyota Motor North America, said during a virtual media roundtable Friday. Several automotive insiders previously told CNBC that the EV mandate issue needed to be addressed regardless of who won election this year.

Persons: Tomohiro Ohsumi, they're, ZEV, Battery, Jack Hollis, Power, Hollis Organizations: Toyota Motor Corp, Getty, DETROIT, Toyota, California Air, Toyota Motor North, California Air Resources, D.C, CNBC Locations: Tokyo, Japan, California, Toyota Motor North America, Washington, Colorado, New York, New Mexico, Rhode

☆ Microsoft added AI to software it has barely touched since 1985. The results are astonishing
▼ + stars: | 2024-11-08 | by ( John Towfighi | ) edition.cnn.com time to read: +4 min

Microsoft — like its Big Tech competitors — is introducing AI to its consumer products, from virtual chatbot assistants to notetaking and editing tools. In October, Microsoft introduced a sweeping update to its Copilot virtual assistant in an effort to make it more useful and user-friendly, CEO of Microsoft AI Mustafa Suleyman previously told CNN. Microsoft users will also see AI features in Notepad, Microsoft’s writing platform, allowing them to use the new technology to help rewrite or edit sentences. For example, users can type a sentence, and then prompt the AI tool to rewrite the sentence or modify its tone or length. Apple’s “Writing Tools,” an editing tool, is similar to Microsoft’s AI features in Notepad.

Persons: Picasso, OpenAI’s Dall, it’s, Dave Grochocki, Mark Zuckerberg, ” Zuckerberg, Mustafa Suleyman Organizations: CNN, Microsoft, Big Tech, —, Windows, OpenAI, Facebook, Apple Locations: Europe, Notepad

☆ Amy Coney Barrett: Meet the last best hope for Supreme Court liberals
▼ + stars: | 2024-11-08 | by ( Joan Biskupic | ) edition.cnn.com time to read: +19 min

CNN —Supreme Court Justice Amy Coney Barrett stands apart. And that is why Barrett has become the best hope for what remains of the liberal wing, particularly after Trump’s election victory. As Trump returns to the White House, the Supreme Court may be even more positioned to check the balance of powers. Nonetheless, progressives have few options, and an uncertain horizon, and cannot help but imbue Barrett with hope. “As Justice Barrett said…,” is a common Kagan refrain, too.

Persons: Amy Coney Barrett, Donald Trump’s, Barrett, Trump, imbue Barrett, Sandra Day O’Connor, Reagan, Anthony Kennedy, Sonia Sotomayor, Elena Kagan, Ketanji Brown Jackson, Barrett homed, Sotomayor, …, Kagan, Kagan interjected, “, Richard Glossip, Brett Kavanaugh, Thomas, Roberts, Kavanaugh, Adam Feldman, Jake Truscott, Republican centrists O’Connor, Kennedy, Lewis Powell, Ruth Bader Ginsburg, Dobbs, Antonin Scalia, Scalia’s, Scalia, Jesse, Warren Burger, Clarence Thomas, Samuel Alito, Neil Gorsuch, they’ve, Gorsuch, ” Barrett, Jackson, Alito, ” Alito, Biden, Justice Roberts, CNN Kagan, Barrett’s, Roe, Wade, ‘, ’ Barrett, Adrian Zackheim, Justice Barrett, ” Zackheim, Sentinel publicists, Sen, Mitch McConnell, McConnell, Barack Obama’s, Merrick Garland, Ginsburg Organizations: CNN, Republican, White, Republicans, Representatives, Notre Dame, Trump, Democratic, Glossip, Jackson, Health Organization, New York, Association, Harvard, ., Biden, Capitol, of Education, Ronald Reagan, Sentinel, Penguin Random, Wall Street, University of Louisville McConnell Center Locations: America, Oklahoma, ”, . United States, New Orleans, Washington, Haiti, Idaho, California, Louisville

AdvertisementSome venture capitalists expect US President Donald Trump to dial back regulation, potentially making it easier to develop new technologies and do business in Silicon Valley. Related VideoWhile many in Silicon Valley dislike Trump, many VCs and startup founders crave more freedom to pursue riskier new technologies unburdened by regulation. E-acc," referring to the recent Silicon Valley movement that wants technological advancements in AI to move as fast as possible, without any guardrails. Regulation has held Silicon Valley back in recent yearsVCs during Biden's presidency have complained about how tough it's been to get deals done. AdvertisementVCs anticipate an innovation boomAmerica is a country of entrepreneurs, and that's especially true in Silicon Valley.

Persons: —, Donald Trump, Elon, Ben Narasin, we've, Trump, Musk, cheekily, Vance, Augustus Doricko, Kamala Harris, Aaron Levie, Harris, Mark Pincus, Biden's, Louis Lehot, Foley, Lardner, Lina Khan —, it's, Biden, JD Vance, Khan, Mason Angel, who's, he's, Narasin, Ben Thompson, Rainmaker's Doricko, Angel Organizations: Service, Elon, Venture, White, Department of Government, Zynga, acc, Google, Microsoft, Nvidia, Federal Trade Commission, Department of Justice, Trump, Republican, Big Tech, FTC, SpaceX, Space Force Locations: Silicon Valley, Silicon

☆ Here are Friday's biggest analyst calls: Nvidia, Apple, Home Depot, Domino's, Wingstop, Warby Parker, Rivian, Bank of America & more
▼ + stars: | 2024-11-08 | by ( Michael Bloom | ) www.cnbc.com time to read: +8 min

Jefferies reiterates Nvidia and Marvell as buy The firm says the two chipmakers still have the most upside. Citi upgrades Bank of America to buy from neutral Citi says the bank could be a beneficiary of lighter regulation. Bank of America downgrades Rivian to neutral from buy Bank of America said it sees regulatory risk under a Trump administration. Bank of America upgrades Teledyne Technologies to buy from neutral The firm says it sees upside ahead for the industrial conglomerate. Goldman Sachs upgrades Wingstop to buy from neutral The firm says the wings restaurant has "best-in-class" growth.

Persons: William Blair, Warby Parker, Bernstein, Apple, Lowe's, Jefferies, Goldman Sachs, Sweetgreen, Goldman, outperformance, it's bullish, BNTX, Oppenheimer, Piper Sandler, Wells, Airbnb, Gross, Trump, TDY Organizations: Apple, Apple Intelligence, Nvidia, Marvell, Enterprise, JPMorgan, China EV, Catalyst, Holdings, Barclays downgrades, Body, Citi, U.S, Deutsche Bank, UBS, Molson Coors, OW, Bank of America, Trump Administration, " Bank of America, Teledyne Technologies Locations: AVGO, 4Q24, DPZ, UW

☆ Trump criminal election case paused as special counsel Jack Smith weighs fate of prosecution
▼ + stars: | 2024-11-08 | by ( Dan Mangan | ) www.cnbc.com time to read: +2 min

A judge on Friday paused proceedings in the criminal election interference case against President-elect Donald Trump, a move that reflects the expected end of the prosecution. Trump's win against Vice President Kamala Harris earlier this week was considered a death knell for Smith's prosecutions of him. On Wednesday, NBC News reported that DOJ officials have been evaluating how to wind down the election case and another criminal case against Trump before he is sworn in as president. Trump has said he plans to fire Smith, and is expected to force the DOJ to end the prosecutions. And DOJ policy bars the department from prosecuting a president while in office due to the department's position in the executive branch of government.

Persons: Jack Smith, Donald Trump, Smith, Trump, Tanya Chutkan, Chutkan, Kamala Harris Organizations: Department of Justice, NBC News, DOJ, Trump Locations: Washington , U.S, Washington ,

☆ Tom Lee says small cap stocks can outperform over next couple years by 100% on Trump policies
▼ + stars: | 2024-11-08 | by ( Brian Evans | ) www.cnbc.com time to read: +2 min

Donald Trump's second presidency could help supercharge small cap stocks further, according to Fundstrat managing partner and head of research Tom Lee. "Since 1987 small caps traded on a median price-to-earnings [ratio] at a premium basis to the S & P 500, and the S & P 500 is at 17 times. I think small caps could over the next couple of years outperform by more than 100%," Lee told CNBC's " Squawk Box " on Friday. Lee is also bullish on equities more broadly, and doesn't limit his optimistic outlook to only small caps. He also forecast the S & P 500 could break above 6,000 before the end of the year and top 6,700 in 2025.

Persons: Donald Trump's, Tom Lee, Lee, CNBC's, Russell, Stocks, Trump's, haven't, FundStrat Organizations: Trump, U.S, Granny Shots, Tesla, Oracle

☆ What We Learned About Celebrity Culture in the 2024 Election
▼ + stars: | 2024-11-08 | by ( Jesse Mckinley | More About Jesse Mckinley | ) www.nytimes.com time to read: +1 min

In an election season in which both parties sought out any possible edge, Democrats clung to one seemingly clear-cut advantage: Celebrities including Taylor Swift and Bruce Springsteen broke hard for that party, even as voters did not. The result was a split-screen of American celebrity — two sets of famous people for two halves of the country. But by and large, the biggest names in entertainment said Vice President Kamala Harris should be elected to the nation’s highest office. Ms. Harris was decisively defeated on Tuesday, despite the backing of a megastar like Beyoncé. “America is tired,” wrote Albert Pennachio, an independent voter who lives in Statesville, N.C. “And we don’t care what celebrities think anymore.”

Persons: Taylor Swift, Bruce Springsteen, Donald J, Trump, Kanye, Mel Gibson, Jon Voight, Kamala Harris, Harris, ”, Albert Pennachio Locations: America, Statesville, N.C

☆ I grew my business to 7 figures after leaving Meta and Google. Here's the coffee chat formula that helped.
▼ + stars: | 2024-11-08 | by ( Andrew Yeung | ) www.businessinsider.com time to read: +7 min

Andrew Yeung, a former Google and Meta lead, goes on coffee chats three to five times a week. I spent a few years as a product lead at Google and a business operations lead at Meta before leaving to build a 7-figure business and invest in over 20 early-stage companies. Most of my business partnerships, clients, and — dare I say — friendships started with a coffee chat. Once I have clarity, I use my goal outcome to shape three discussion topics or broad questions for the conversation. Listen to learn, not to respondCome prepared to learn, but don't over-program your coffee chat.

Persons: Andrew Yeung, —, Kate Cronin, I've, would've Organizations: Google, Service, Meta Locations: Fibe

WASHINGTON — President-elect Donald Trump’s dramatic victory has scrambled next week’s three-way contest to replace Senate Republican Leader Mitch McConnell, the chamber’s longest-serving leader who is stepping down at the end of the year. One ally of both Scott and Trump, Sen. Ron Johnson, R-Wis., urged Trump to endorse Scott, a former Florida governor who cruised to re-election in the Senate on Tuesday night. “If you’ve got any influence with President Trump, ask President Trump to come out publicly and say he wants to work with somebody as accomplished as Rick Scott to accomplish his agenda. Cornyn joined Trump at a rally in Reno, Nevada, last month for Republican Senate candidate Sam Brown, whose race is currently too close to call, according to NBC News projections. "As I told President Trump, I'm interested in getting the band back together again," Cornyn told Fox News host Neil Cavuto on Monday.

Persons: Donald Trump’s, Mitch McConnell, McConnell’s, John Thune, Sen, John Cornyn, —, Rick Scott, John, John Barrasso, McConnell, Scott, Trump, ” Scott, “, ” Trump, Ron Johnson, you’ve, President Trump, We’ve, ” Johnson, ”, — it’s, it’s, Mike Lee, Bernie Moreno, Tim Sheehy of Montana, Jim Justice, Thune, ” Thune, he’s, ” Thune’s, Tim Scott, Cornyn, Trump’s, Sam Brown, I'm, Neil Cavuto, MAGA, Ted Cruz Organizations: WASHINGTON, Republican, Republicans, GOP, GOP Conference, Trump, NBC News, McConnell, Fox Business, United States Senate, CNBC, NBC, Fox News, National Republican Senatorial, Senate, Texas Republican Locations: South Dakota, Texas, Florida, Wyoming, Washington, Utah, Bernie Moreno of Ohio, West Virginia, Lago, Reno , Nevada

Donald Trump’s return to the presidency has done something no political opponent could: put an end date on his time atop the Republican Party. Trump single-handedly remade the Republican Party in his own image, not only becoming its unquestioned leader but also rewiring what the Grand Old Party stands for. “We are getting four more years of Trump and then eight years of JD Vance!” Trump Jr. said last week as he campaigned for Ohio Senate candidate Bernie Moreno. He had a shaky start, but he has steadied himself,” a veteran Republican operative said. “A Trump win means [the 2028] field will be slower to develop,” a longtime Republican operative said.

Persons: Donald Trump’s, MAGA, Trump, ”, “ Trump, Reagan, JD Vance, Vance, Gene J, Donald Trump Jr, ” Trump, Bernie Moreno, “ JD, steadied, “, Ron DeSantis, Sarah Huckabee Sanders, Vivek Ramaswamy, Brian Kemp, Nikki Haley, Glenn Youngkin, Sen, Ted Cruz of, Tim Scott of, Ronald Reagan, ” DeSantis, I’m, “ Huckabee Sanders, —, Huckabee Sanders, Ramaswamy, Haley, ” Haley, Dave McCormick can’t, Donald Trump Organizations: Republican Party, Trump, Old Party, Republicans, Republican, Trump Republicans, Reagan Democrats, Ohio, White House, Florida Gov, Georgia Gov, South Carolina Gov, Virginia Gov, Trump Republican, Gov, GOP, Trump ” Republicans Locations: Trump, Butler , Pennsylvania, Bedford , Pa, Arkansas, Georgia, Virginia, Ted Cruz of Texas, Tim Scott of South Carolina, Florida, Iowa, Ohio, South Carolina, Pittsburgh, Pennsylvania

☆ Federal Reserve Lowers Interest Rates
▼ + stars: | 2024-11-07 | by ( ) www.nytimes.com time to read: 1 min

The economy is strong overall and has made significant progress toward our goals over the past two years. The labor market has cooled from its formerly overheated state and remains solid. We are committed to maintaining our economy’s strength by supporting maximum employment and returning inflation to our 2 percent goal. decided to take another step in reducing the degree of policy restraint by lowering our policy interest rate by a quarter percentage point. In the near term, the election will have no effects on our policy decisions.

On Oct. 23, Ben had a second chemo injection but weakened afterward, losing the useage of his back legs, Herbstreit wrote on X on Monday. Kirk Herbstreit and his dog Ben on Oct. 5 in Fayetteville, Ark. One of the hardest things I’ve gone through in my life," Herbstreit wrote on X on Monday. Ben earned multiple NFL and college football credentials this season after his broadcast-crashing antics. "God please bless his majestic soul and thank you for putting him in my life for the last 10 years — a true blessing," Herbstreit wrote.

Persons: Kirk Herbstreit, Ben, Herbstreit, I’ve, Michael Woods, Rece Davis, Ben wagged Organizations: ESPN's, Atlanta Falcons, Miami Dolphins, Penn State, Ohio State, ESPN, LSU, USC Locations: Fayetteville, Ark, Las Vegas

“The fact that there could have been a South Asian woman in the White House … we’re not there yet, but it would have been very nice. “There’s a great deal of disappointment in that sense,” said Shakeel Syed, executive director of the nonprofit South Asian Network. She steeped her daughters in all things South Asian, said Harris, who grew up eating South Indian food, like potato curry and masala dosa, and hearing Gopalan speak Tamil. Like many young and progressive Asian Americans, she said Israel’s war in the Gaza Strip has been an important issue for her. In the meantime, South Asian voters say they have no choice but to keep pushing.

Persons: they’re, Kamala Harris ’, Harris, Donald Trump, ”, Anjali Bhatt, we’re, ” Bhatt, Trump, she’s, Sumati Thomas, Harris ’, I’ve, Kamala Harris, ” Harris, Joe Biden, Biden, There’s, Shakeel Syed, Gopalan, “, P.V, Thomas, Bhatt, they’d, Harris didn’t, Syed, ” Syed, Harris wanes, Usha Vance, Vivek Ramaswamy, “ It’s, ” Thomas Organizations: South, D.C, Republican, Harris ’ Democratic, South Asian, Democratic, South Asian Network, Democratic National Convention, University of California, Civil Rights Movement, DNC, ”, American, Trump, White, Indian American Locations: South Asian, Washington, America, In Mississippi, South, India, California, Chennai, Indian, Berkeley, U.S, Gaza, Southeast Michigan, Pakistan, Bangladesh, American

☆ What the world’s largest tech event told us about the innovations of tomorrow
▼ + stars: | 2024-11-07 | by ( ) edition.cnn.com time to read: +7 min

From AI healthcare solutions to groundbreaking mobility and cybersecurity tech, GITEX GLOBAL 2024 showcased innovations and industry shifts set to shape the future digital landscape. Hassan Alnaqbi, CEO of Khazna Data Centers, joins a panel discussion at GITEX GLOBAL 2024. Xpeng Aeroht's flying car prototype and Zapata's Airscooter on display at GITEX GLOBAL 2024. Confronting global challengesWith global cybercrime damage projected to hit $10.5 trillion annually by 2025, cybersecurity was a hot topic at GITEX GLOBAL 2024. Find out more about GITEX GLOBAL 2024 here.

Persons: GITEX, Hassan Alnaqbi, Denis Ledenkof, Robosculptor, ”, Shameer Khader, Salahaldeen AlMarzooqi, cybersecurity, Cybersecurity, Mohamed Al Kuwaiti, “, ” Todd Conklin, Siyuan Liu, Peng Xiao Organizations: Dubai World Trade, Khazna Data, GITEX, Oracle Health, Precision Medicine, Sanofi, Mobility, Transport Authority, Metro, Department, RTA, UAE Government, UAE, US Department of, Treasury, IoT, Strategy, Nissan Hyper Force Locations: cybersecurity, China

☆ How to know when to ask for a raise: 'Your salary is not top of mind to anyone else,' says expert
▼ + stars: | 2024-11-07 | by ( Gili Malinsky | ) www.cnbc.com time to read: +2 min

Many workers didn't get a raise at their job in the last few years. "So you do have to raise the conversation so that your manager knows it's something that you are prioritizing." Have 'what do I need to do' conversations oftenTo begin with, before you even bring up your ask, you'll have to get a sense of how you're doing. "It's hard to ask for a raise when you don't have anything quantifiable to demonstrate that you deserve it," says Darrisaw. All of that will help you both know and make the case for why you deserve more money.

Persons: didn't, That's, Angelina Darrisaw, It's Organizations: Living Coalition

☆ The Federal Reserve cuts interest rates by a quarter point after election. Here's what that means for you
▼ + stars: | 2024-11-07 | by ( Jessica Dickler | ) www.cnbc.com time to read: +5 min

Mortgage ratesHousing affordability has been a major issue due in part to a sharp rise in mortgage rates since the pandemic. Trump has said he'll bring down mortgage rates — even though 15- and 30-year mortgage rates are fixed, and tied to Treasury yields and the economy. Mortgage rates are unlikely to fall significantly, given the current climate, explained Jacob Channel, senior economist at LendingTree. Federal student loan rates are fixed, so most borrowers won't be immediately affected. But refinancing a federal loan into a private student loan will forgo the safety nets that come with federal loans, such as deferments, forbearances, income-driven repayment and loan forgiveness and discharge options.

Persons: Joshua Roberts, Matt Schulz, Trump, Jessica Caldwell, Edmunds, Trump's, Caldwell, Michele Raneri, Jacob Channel, Mark Kantrowitz Organizations: Federal, Reuters, Auto, Fed, Treasury, TransUnion, Mortgage, Association . Locations: Washington ,, Edmunds, U.S

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailI moved to Bali from the U.S.—now I make $254,000 a yearSteven Guo, 24, relocated to Bali, Indonesia, from Southern California in 2024. He currently makes $254,000 a year running multiple e-commerce businesses that are on track to bring in a combined $1.7 million this year. 06:58 an hour ago

Persons: —, Steven Guo Locations: Bali, Indonesia, Southern California

Rudy Giuliani (C) arrives at the New York court following a judge's order compelling his appearance in the defamation case filed by Georgia election workers in New York, United States on November 07, 2024. "All the property must be turned over to the receiver and if not, I will hold him in contempt," the judge told Caruso, whose client was by turns angry, animated and frustrated during the proceeding. "The vast majority of physical property, we have no idea where it is," Nathan said at Thursday's hearing. Nathan alleged that Giuliani has opened secret bank accounts and created limited liability companies on the heels of the defamation verdict last year. Before he entered court Thursday, Giuliani fumed over a judge's order that he show up in person saying it is "like a political persecution."

Persons: Rudy Giuliani, Judge Lewis Liman, Giuliani's, Kenneth Caruso, Liman, Caruso, Ruby Freeman, Wandrea Moss, Aaron Nathan, Giuliani, Nathan, Donald Trump Organizations: New, Trump, Benz Locations: New York, Georgia, United States, U.S, Manhattan, Palm Beach , Florida, Ronkonkoma, Long, Washington ,

☆ Southern California wildfires: 27 million people face ‘life-threatening’ fire warning
▼ + stars: | 2024-11-07 | by ( Karina Tsui | ) edition.cnn.com time to read: +7 min

The National Weather Service issued a Red Flag warning until 6 p.m. Thursday – which is used to describe “extreme and life-threatening fire behavior.” The warning is expected to affect 27 million people in Southern California and the greater San Francisco Bay area. More than 14,000 people remain under evacuation orders, according to the Ventura County Sheriff’s Office. Kapoor added that fires are part of the “Los Angeles reality” and all professors could do was follow guidance from emergency officials and reassure students. The Mountain Fire in Ventura County, California, has damaged or destroyed several homes, officials said. More than 11,000 Southern California Edison customers across five counties had power shut off Wednesday morning.

Persons: Dustin Gardner, Trevor Johnson, haven’t, Gavin Newsom, Christina Noren, Paul Boutin, Boutin, ”, Noren, Catherine Opie, Nathan Oliveira, Brent Estabrook —, she’ll, Paul, Qian Weizhong, Komal Kapoor, Kapoor, CNN’s Taylor Romine, Emma Tucker, Robert Shackelford, Chris Boyette, Mary Gilbert Organizations: CNN, National Weather Service, Montecito Fire Department, Ventura County Fire, Emergency Management Agency, California’s Department of Forestry, Fire Protection, Ventura County Sheriff’s, Pepperdine University, Los Angeles Fire Department, Montecito, Cal Fire, Southern California Edison Locations: Southern California, San Francisco Bay, Ventura County, Los Angeles, Ventura, Santa, Camarillo, California, Camarillo Heights, Pismo Beach, Noren . California, Malibu, Angeles, Ventura County , California, Southern

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