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☆ Tanker companies temporarily halt traffic toward Red Sea after U.S. airstrikes on Houthi militants
▼ + stars: | 2024-01-12 | by ( Spencer Kimball | ) www.cnbc.com time to read: +1 min

An Egyptian man sits and eats ice cream as he watches international cargo and tanker ships pass through the Suez canalSeveral of the world's major tanker companies on Friday halted traffic toward the Red Sea after U.S. and British airstrikes on Iran-allied Houthi militants in Yemen. The companies are among the world's largest operators of tankers for petroleum products such as gasoline, according to their websites. The multinational coalition advised ships to avoid transiting the Bab el-Mandeb Strait for "several days," according to a statement from the International Association of Independent Tanker Owners. The Bab el-Mandeb Strait connects the Gulf of Aden with the Red Sea. Some 7 million barrels of crude oil and products transit the Red Sea daily, according the trade analytics firm Kpler.

Persons: Sheena Williamson, Holt, Bab Organizations: Stena Bulk, Combined Maritime Forces, U.S, CNBC, International Association of Independent Tanker Locations: Suez, Iran, Yemen, Torm, Mandeb, Aden

☆ Trump fraud judge jokes 'Are we gonna be shot' hours after bomb threat as Trump watches closing arguments in NY civil trial
▼ + stars: | 2024-01-11 | by ( Laura Italiano | ) www.businessinsider.com time to read: +6 min

A "fertilizer bomb" threat against the judge nearly delayed closings in Trump's NY fraud trial. "Not one witness came into this courtroom, your honor, and said they were a victim of fraud," Kise told the judge, starting his arguments. Advertisement"The judge is not letting me make a summation," Trump told reporters before going inside the courtroom to hear closings. "Letitia James, all she thinks about is 'get Trump,'" the former president told reporters on his way inside the courtroom. He's smart," Kise told the judge.

Persons: Arthur Engoron, —, Donald Trump's, Engoron, Trump, Eric Trump, Letitia James, Trump's, Christopher Kise, Kise, James, Donald Trump , Jr, Allen Weisselberg, Jeffrey McConney Organizations: Trump, Service, New Locations: NY, York, Manhattan

☆ A millennial moved from Georgia to a Seattle suburb. She said her job pays nearly twice as much, and the weather is ideal.
▼ + stars: | 2024-01-06 | by ( Noah Sheidlower | ) www.businessinsider.com time to read: +7 min

Read previewCaroline, 29, was tired of making $40,000 a year as an academic librarian in a suburb of Atlanta. The people are younger and quieter in Bremerton, the Seattle suburb in which she lives with her husband, and the weather is an improvement, she said. Nearly 5,600 made the move from Georgia to Washington, a particularly popular destination for California movers. Both Caroline and her husband landed union jobs, which she said were very rare in her part of Georgia. Advertisement"Coming from Georgia, I was usually the most introverted person in every room, whereas out here, that's not true," Caroline said.

Persons: —, Caroline, Peach State Caroline, she's, that's Organizations: Service, Business, Census, Peach State, Finances, Seattle Locations: Atlanta, Georgia, Seattle, Washington, Bremerton, Florida , Texas, North Carolina, California, Pacific, West, Cartersville, In Georgia

☆ Appeals court rejects Trump's request to pause proceedings in E. Jean Carroll case
▼ + stars: | 2023-12-28 | by ( Summer Concepcion | ) www.cnbc.com time to read: +3 min

A federal appeals court on Thursday denied former President Donald Trump's request to halt proceedings in the upcoming E. Jean Carroll defamation trial. Circuit Court of Appeals to delay the case for 90 days while he considered appealing the court's previous rejection of his efforts to use presidential immunity as a defense. The appeals court denied that request on Thursday, allowing the trial to begin Jan. 16. U.S. District Judge Lewis Kaplan in June denied Trump's immunity argument, writing that presidential immunity is "not a 'get out of damages liability free' card." Trump has also raised the presidential immunity argument in the election interference case brought against him by special counsel Jack Smith.

Persons: Jean Carroll, Donald Trump's, Carroll, Trump, couldn't, District Judge Lewis Kaplan, Jack Smith ., Tanya Chutkan Organizations: Elle, U.S, Circuit, Trump, District, Jack Smith . U.S, Washington , D.C Locations: New York, Washington ,

☆ Williams Syndrome: the Joy and Sadness of Loving Strangers
▼ + stars: | 2023-12-20 | by ( Hayley Cuccinello | ) www.businessinsider.com time to read: +23 min

She's been greeted with hugs from strangers at the biannual convention for people with Williams syndrome, which make her "feel like a rockstar." That's common for those with Williams syndrome, said Mary Van Haneghan, the executive director of the WSA. Online environments can be difficult for people with Williams syndrome to navigate, says Joel Liestman, the director of family support at the WSA. She sees Williams syndrome as a gift and believes everyone could learn more empathy from those with the condition. He has had two relationships with women with Williams syndrome, but in both cases they didn't work out.

Persons: Tobi Akbas, he'd, Tobi, Williams, I've, Jackie Molloy, Terri, he's, Robert Boddie Jr, Boddie, Karen Levine, She's, There's, Haley Gallinger, Daren Bjerke, who's, Devin, John Martinez, Mary Van Haneghan, it's, doesn't, You've, neurotypical, Allie, Joel Liestman, That's, Callie Truelove, I'm, Jocelyn Krebs, Truelove, we're, he'll, we've, Levine, Josh Duffy, He's, Duffy, vlogs, We're, Hayley Cuccinello, Louise Ridley, Kevin Kaplan Organizations: Williams Syndrome Association, Business, Continental Village Fire Department, Tobi, Go, WSA, New York, Louise Ridley Design, Trenton Almgren Locations: Garrison , New York, Santa, Garrison, Peekskill , NY, recliners, Maine, Brunswick , Maine, labrador, New, New York City, Trenton

☆ Fed lowers inflation forecast for 2024, seeing core PCE falling to 2.4%
▼ + stars: | 2023-12-13 | by ( Yun Li | ) www.cnbc.com time to read: +2 min

Federal Reserve Board Chairman Jerome Powell answers a question during a press conference following a closed two-day meeting of the Federal Open Market Committee on interest rate policy at the Federal Reserve in Washington, November 1, 2023. The Federal Reserve dialed back its inflation projections on Wednesday, seeing its favorite gauge falling to 2.4% in 2024. These new forecasts suggest a softer inflation picture in the next two years than that from the last update in September. The Fed had foreseen the core PCE hitting 2.6% in 2024 and 2.3% in 2025. While the public more closely watches the consumer price index as an inflation measure, the Fed prefers the core PCE reading.

Persons: Jerome Powell Organizations: Federal, Committee, Federal Reserve, Fed, Market Committee Locations: Washington

With so many shows on TV and streaming services, it's impossible not to miss a gem or two. “The Bear,” FX on HuluLet's start off with a public service announcement to watch “The Bear” if you haven't already. Any given episode can make you laugh, cry, feel anxious and excited by its genius casting of guest stars. “Perry Mason,” HBOSomething happened between season one and season two of HBO’s “Perry Mason” starring Mathew Rhys. “Shrinking,” Apple TV+Therapy and grief don't sound like a recipe for a feel-good comedy, but “Shrinking” pulls it off.

Persons: shouldn't, Hulu Let's, Carmy, Jeremy Allen White, Chris O'Dowd, M.O . Walsh, David West Read, Gerry Turner, Turner, “, you’re, Dominique Fishback, Donald Glover, Fishback, Dre, Chloe Bailey, Damson Idris, Paris Jackson, Halsey, Billy Eilish, ” Max, Cary, Brooke, Chase —, Max, Drew Tarver, Heléne Yorke, Molly Shannon, momager, Chase, Case Walker, ” Ali Wong, Steven Yeun, Wong, ”, Ronald Gladden, James Marsden, Lee Eisenberg, Gene Stupnitsky, “ Perry Mason, “ Perry Mason ”, Mathew Rhys, Mason, Jason Segel, Jimmy, resentfully, Christa Miller, Harrison Ford, Jessica Williams —, Segel, Bill Lawrence, Brett Goldstein, Roy Kent, Ted Lasso, Max Yes, Roy, percenters, —, Logan Roy, Brian Cox Organizations: The Associated Press, FX, Hulu, Apple, ABC, Associated Press, “, Chase Dreams, Netflix, AP, HBO Locations: Chicago, “

☆ Apple let reporters film inside its secretive chip-testing lab for the first time — take a look
▼ + stars: | 2023-12-04 | by ( Haley Tenore | ) www.businessinsider.com time to read: +3 min

It's apparently the first time reporters have been invited to film video inside the space. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. The room is filled with shelves of 70 machines tasked with testing chips for new Apple products, according to CNBC. AdvertisementWhile this marks the first time a news outlet's film crew was allowed to film video inside the room, it's not be the first time the public has gotten a peek at Apple's chip-testing process. The S series powers Apple Watches, and H and W chips were made for AirPods, and U chips, which are used in AirTags, allow for communication between Apple products.

Persons: —, Apple Organizations: Apple, CNBC, Service, Bloomberg, Intel, Apple Vision

☆ Marlon Brando's one-of-a-kind Rolex has been sold for more than $5 million — or has it?
▼ + stars: | 2023-12-03 | by ( Lloyd Lee | ) www.businessinsider.com time to read: +4 min

Marlon Brando's Rolex GMT-Master was recently sold at Christie's for more than $5 million. Brando's Rolex, which features unique customizations, was sold at Christie's auction house in November for more than $5 million. On November 6, 113 watches from his collection, including the Rolex GMT-Master, were auctioned off for more than $42 million. You can do anything you want to it and it will keep on going," Brando Fischer recalled her father telling her, according to the report. Brando Fischer later gifted the watch to her husband as a wedding present, which would be hidden in their home for years until it was auctioned.

Persons: Marlon Brando's, Brando, —, Marlon Brando, Francis Ford, Mohammed Zaman, Zaman, Denis Balibouse, Petra Brando Fischer, Brando Fischer, I'm, Walter E, Kurtz, Petra Organizations: Rolex, Service, Bloomberg, Oscar, Best, New York Times, Phillips, Brown University, Times Locations: Omani, Geneva, Vietnam

☆ An 11-year-old girl is going viral on TikTok after showing off her luxury outfits including a $124,000 watch and a $31,000 handbag
▼ + stars: | 2023-12-03 | by ( Sawdah Bhaimiya | ) www.businessinsider.com time to read: +5 min

11-year-old Moo Abraham went viral on TikTok this year after showing off her lavish lifestyle. Videos on the account of Love Luxury, a store owned by her parents, show her modelling clothes and jewelry worth thousands. AdvertisementAn 11-year-old girl has caused a stir on TikTok and divided users' opinions as videos of her showing off her luxury items including a $124,000 watch and a $31,000 Hermés handbag have gone viral. The Patek Philippe Nautilus 5711 , which was discontinued by the brand, is being resold for anywhere between £70,000 ($87,000) to £266,798 ($333,000) on the luxury watch marketplace Chrono24. Business Insider couldn't independently verify whether Moo Abraham owns the items she models, or whether they are stock in her parents' store.

Persons: Moo Abraham, —, Emily, Adam Abraham, Louis Vuitton, Dior, Gucci, billionairesdaughter, She's, Emily Abraham, she's, Philippe, Kelly, Philippe Nautilus, couldn't, Moo, Royce Cullinan, item's Organizations: Service, Love, Philippe Nautilus, Fashion Locations: London, TikTok, Knightsbridge , London, Dubai

☆ I'm Black and my wife is Japanese. Here's why raising my biracial kids in Japan is better than in the US.
▼ + stars: | 2023-12-03 | by ( Darryl Wharton-Rig | ) www.businessinsider.com time to read: +5 min

In 2005, I visited Japan for work and ended up meeting my wife, with whom I have two boys and a girl. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementAs biracial Japanese stars such as Rui Hachimura and Naomi Osaka shine on the world stage, being Black and Japanese is having a moment. AdvertisementTheir lives include a mix of Japanese and Black cultureOur tranquil suburban enclave in Saitama, which I call the "New Jersey of Japan," offers my children a typical Japanese lifestyle. And like other kids in Japan, they frequent the mall, savor ramen and melon pan, and belt out tunes at karaoke.

Persons: —, Rui Hachimura, Naomi Osaka, shoji, Finn Organizations: Service, Japan Exchange, YouTube Locations: Japan, Saitama, Jersey, Tokyo

☆ Opinion: In Gaza, my 71-year-old mom watches over the rubble encasing her family
▼ + stars: | 2023-12-02 | by ( Opinion Hani Almadhoun | ) edition.cnn.com time to read: +7 min

Writer Hani Almadhoun with his family in Gaza, during a visit over summer. They mourn the departed, yet there have been so many loved ones lost, leaving very little time to properly grieve. This news struck me deeply – I’m grappling with a crisis of faith witnessing a genocide unfold, while my mother living under bombs and burying her loved ones still clings to her spirituality. I wondered: who will step into the shoes of those gifted doctors, caring nurses and compassionate medical staff lost in Gaza? Hani AlmadhounThese are irreplaceable individuals, not merely statistics or collateral damage but people cherished deeply by their loved ones.

Persons: Hani Almadhoun, Read, CNN —, Majed, Safaa, Ali, Omar, Lucky, Hani, Mom, won’t, Joe Biden, Hani Almadhoun's Organizations: United Nations Relief, Works Agency, CNN Locations: Gaza, Greece, Siwar, breadlines

☆ 3 things I wish I'd known before I tested out van life on an epic 13-day road trip
▼ + stars: | 2023-12-02 | by ( Monica Humphries | ) www.businessinsider.com time to read: +5 min

Finding parking spots was easier than I imagined and daily tasks took more time than expected. AdvertisementLike any trip or adventure, I went into my recent 13-day van trip across the American West with expectations, fears, and assumptions. Monica Humphries/InsiderAs I hit the road for my 13-day van trip, I couldn't shake my stress. AdvertisementI feared finding last-minute parking spots would be a nightmare. And out West, I relied on Bureau of Land Management land, which is land free for public use.

Persons: —, Monica Humphries, didn't, FreeCampsite.net, van, Joshua, pullouts Organizations: Service, Land Management, Walmart, of Land Management Locations: Joshua Tree , California, La, Arizona

MEXICO CITY (AP) — When music requires her to cry, Japanese traditional dancer Naoko Kihara barely alters her expression. “It is the dance that is speaking, interpreting, since we do not smile, shout or laugh.”Kihara won’t reveal her age, but she’s been practicing Japanese traditional dance for almost 24 years. For Latin American audiences, Kihara said, Japanese traditional dance might be hard to embrace. “It’s to be humble,” Kawasaki said, and because Japanese traditional dance maintains profound codes. “Through Japanese dance, we connect,” she said.

Persons: Naoko Kihara, ”, she’s, Kawabe, Kihara, Mexico —, “, Aimi Kawasaki, Kawasaki, ” Kawasaki, ” Kihara, Eiko, ” Moriya Organizations: MEXICO CITY, Mexico City, “, Mount, Lilly Endowment Inc, AP Locations: MEXICO, Japanese, Mexico, Brazil, Tokyo, Japan, Ginreikai, Ginrekai

☆ Here’s how activist Elliott could build shareholder value amicably at Phillips 66
▼ + stars: | 2023-12-02 | by ( Kenneth Squire | ) www.cnbc.com time to read: +6 min

Business: Phillips 66 is an energy manufacturing and logistics company. Percentage Ownership: n/a Average Cost: n/a Activist Commentary: Elliott is a very successful and astute activist investor. On Wednesday, Elliott sent a letter to Phillips 66, announcing that it has taken a $1 billion stake and is seeking up to two board seats. While we do not generalize like that, it is hard to imagine a more amicable and constructive activist campaign than what Elliott is proposing at Phillips 66. When implemented, Phillips 66 saw costs increase relative to peers, burning shareholders' confidence in the management team's ability to achieve its goals.

Persons: Phillips, Elliott, Mark Lashier, Ken Squire Organizations: Phillips, Chevron Phillips Chemical, Valero Energy, Marathon Petroleum, Valero, 13D Locations: Chevron, U.S, Europe, COOs

☆ Fed's favorite gauge shows inflation rose 0.2% in October and 3.5% from a year ago, as expected
▼ + stars: | 2023-11-30 | by ( Jeff Cox | ) www.cnbc.com time to read: +4 min

The personal consumption expenditures price index, excluding food and energy prices, rose 0.2% for the month and 3.5% on a year-over-year basis, the Commerce Department reported. Energy prices fell 2.6% on the month, helping keep overall inflation in check, even as food prices increased 0.2%. Goods prices saw a 0.3% decrease while services rose 0.2%. On the services side, the biggest gainers were international travel, health care and food services and accommodations. I'm hearing normalizing, not recession, but I am hearing consumer slowing down."

Persons: Dow Jones, Stocks, Bonds, Bill Adams, John Williams, Thomas Barkin Organizations: Federal Reserve, Commerce Department, Energy, Dow Jones, Treasury, Labor, Fed, Labor Department, Comerica Bank, . New York Fed, Richmond Fed, CNBC, European Central Bank, CNBC PRO Locations: ., New York

☆ Henry Kissinger, the towering American diplomat, dies at age 100
▼ + stars: | 2023-11-29 | by ( Marty Steinberg | ) www.cnbc.com time to read: +25 min

President Gerald Ford (left) and Secretary of State Henry Kissinger talk together in the Oval Office, February 19, 1975. In his 2001 book "The Trial of Henry Kissinger," social critic Christopher Hitchens called him a war criminal. North Vietnam's Le Duc Tho (left) and US National Security Advisor Henry Kissinger at the Paris peace talks, January 1973. Chairman Zedong of the People's Republic of China meets U. S. Secretary of State Henry Kissinger on Nov. 12, 1973. On a helicopter during the period of shuttle diplomacy in the Middle East, Henry Kissinger talks to his wife, Nancy.

Persons: Henry Kissinger, —, Richard Nixon's, Kissinger, Richard Nixon, Richard Corkery, Duc Tho, Gerald Ford, Benjamin E, Ford, Warren Burger, Kissinger's, Paula, Gene, Forte, Seymour M, Hersh bashed Kissinger, Walter Isaacson's, Christopher Hitchens, Greg Grandin, Niall Ferguson, Kant, Clausewitz, Bismarck, Barry Gewen, Gewen, Elizabeth Holmes, Nixon, George Shultz, Holmes, Heinz Alfred Kissinger, Louis, Walter, Hitler, Kissingers, Fritz Kraemer, William Yandell Elliott, Spengler, Toynbee, Metternich, Castlereagh, Alfred Eisenstaedt, Mike Wallace, Wallace, Kennedy, Johnson, Republican Nelson Rockefeller, George Romney, Hubert Humphrey, Democratic Sen, George McGovern, McGovern, Nguyen Van Thieu, Reg Lancaster, Tho, Thieu, Mao, Gen, Agha Muhammad Yahya Khan, Nicolae Ceausescu, Zhou Enlai, Leonid Brezhnev, Andrei Gromyko, Dirck, Sen, Henry Jackson, Charles Vanik, Brezhnev, Spiro Agnew, Archibald Cox, Cox, Robert Bork, White, Alexander Haig, Anwar Sadat, David Hume Kennerly, Marxist Salvador Allende Gossens, Fidel Castro's, Martin Bernetti, Allende, Augusto Pinochet Ugarte, Pinochet, Ann Fleischer, Elizabeth, David, Nancy Maginnes, Rockefeller, Jill St, John, Candice Bergen, Shirley MacLaine, Liv Ullman, Diane Sawyer, , Napoleon, Nancy, David Rubinger, Maginnes, Moshe Dayan, Robert Dallek, Nixon's, Bob Woodward, Carl Bernstein, Paula Kissinger, Brooks Kraft Organizations: Gould, Kissinger Associates, National Security, Waldorf, Astoria, Richard Corkery | New York Daily, Forte, Soviets, State, Chief, New York, Theranos Inc, Economic, Nuremberg, George Washington High School, City College of New, Army, 84th Infantry Division, U.S ., Hesse . Harvard, Harvard, Confluence, Foreign, Eisenhower, Republican, Republican National Convention, Rockefeller and Michigan Gov, Democratic, District of Columbia, US National Security, Getty, Paris Peace, North, Nationalist, China, Bettmann, East Pakistan, of, U.S, Soviet Union ., Ballistic, Soviet, Washington, Egyptian Third Army, Department, West, Marxist, Museum, AFP, CIA, Israeli, Southern California Quaker, White, Partners, Power Locations: New York City, U.S, Connecticut, Richard Corkery | New, United States, Vietnam, Saigon, Viet, Soviet Union, Communist China, Israel, Egypt, Syria, Chile, Pakistan, Theranos, Ukraine, Russia, Davos, Switzerland, Fuerth, Germany, Bavarian, American, Nazi Germany, London, New York, City College of New York, Ahlem, Hanover, German, Krefeld, Hesse, Cambodia, Massachusetts, Haiphong, Paris, North, China, Washington, Taiwan, People's Republic of China, Beijing, Moscow, India, East, Bangladesh, Shanghai, USSR, Soviet, Kremlin, Dirck Halstead, Ohio, Saudi, Japan, Sinai, Alexandria, Cairo, Suez, Americas, Santiago, Cuba, Chilean, America, Europe, Virginia, Southern California

☆ US Thanksgiving weekend sales hit record $38 bln on big discounts - report
▼ + stars: | 2023-11-28 | by ( Deborah Mary Sophia | ) www.reuters.com time to read: +2 min

Shoppers crowd a Walmart store ahead of the Thanksgiving holiday in Chicago, Illinois, U.S. November 27, 2019. Online consumer spending jumped 7.8% during Cyber Week, or the five days from Thanksgiving through Cyber Monday, according to data from Adobe Analytics, outstripping initial expectations for a 5.4% rise. But blockbuster deals rolled out from Thanksgiving Day through Cyber Monday helped spread the holiday cheer for bargain-hunters. Sales on Cyber Monday jumped a better-than-expected 9.6% to a record $12.4 billion, as shoppers clicked "buy" on Hot Wheels toys, PlayStation 5, smart watches and kitchen appliances. Reuters GraphicsAdobe said discounts peaked at 31% for electronics and at 27% for toys on Cyber Monday, which is typically the biggest online shopping day in the U.S.

Persons: Kamil Krzaczynski, Vivek Pandya, trouncing, Klarna, Deborah Sophia, Juby Babu, Pooja Desai Organizations: Walmart, REUTERS, Adobe Analytics, Deloitte, Adobe Digital, Graphics Adobe, Thomson Locations: Chicago , Illinois, U.S, Bengaluru

Nov 28 (Reuters) - Spending online on Cyber Monday is set to exceed $12 billion, a record, as bargain hunters snap up deals on items including Barbie dolls, Lego sets, headphones and smart watches, according to preliminary estimates from Adobe Digital Insights. The estimate projects U.S. shoppers will spend $12 billion-$12.4 billion on Cyber Monday, the biggest U.S. online shopping day. At the top end, this would represent an 9.7% increase compared to the $11.3 billion spent on Cyber Monday last year. Walmart, eager to capture market share, slashed prices on Sunday night, joining the trend of retailers' early discounts on major shopping days. On Monday, Walmart stepped up discounts on some clothing to 60%, up from the 50% it offered on Black Friday.

Persons: Barbie, Nancy Tengler, Eduardo Munoz, Matthew Katz, Charles Sizemore, Sizemore, Siddharth Cavale, Deborah Sophia, Aishwarya Venogupal, Ananya Mariam Rajesh, David Gregorio, Nick Zieminski, Matthew Lewis, Lincoln Organizations: Adobe Digital, Retailers, Adobe Analytics, Investments, Shoppers, Workers, REUTERS, SSA & Company, Walmart, Sizemore Capital Management, Target, Graphics, Insider Intelligence, Thomson Locations: Scottsdale , Arizona, United States, Robbinsville Township, New Jersey, U.S, New York, Bengaluru

☆ Here's why we see no reason to curb our enthusiasm for stocks heading into December
▼ + stars: | 2023-11-28 | by ( Zev Fima | ) www.cnbc.com time to read: +7 min

Don't listen to the bears: The incredible rally in stocks this month isn't over yet. The Dow and S & P 500 are on track to finish November — ending with Thursday's close — 7% and 8.4% higher, respectively. .SPX ALL mountain Long term look at the S & P 500 index We don't see any reason to curb our enthusiasm for stocks heading into the final month of 2023. With nearly all S & P 500 companies reporting results as of Nov. 17 (the last update from FactSet), 82% beat estimates on earnings while 62% beat on sales. The S & P 500 is bumping up against the highs of the year last reached in July, and the S & P Oscillator came into the week very overbought, a factor prompting us to book some profits and raise some cash.

Persons: Thursday's, Let's, Locker, bullish, Jim Cramer's, Jim Cramer, Jim, Brendan Mcdermid Organizations: Dow, Stock Traders, Federal Reserve, Energy, Meta, Adobe Analytics, Mastercard, Adobe, Shoppers, TJX Companies, PCE, Jim Cramer's Charitable, CNBC, New York Stock Exchange Locations: Santa, New York City, U.S

☆ Record-setting holiday sales hit $12 billion
▼ + stars: | 2023-11-27 | by ( Matt Egan | ) edition.cnn.com time to read: +5 min

New York CNN —Enticed by deep discounts, Americans are expected to celebrate Cyber Monday by spending a record-setting $12 billion online shopping. The early results suggest the holiday shopping season is off to a positive start, aided in part by lower gas prices. Another popular measure of holiday spending, Mastercard SpendingPulse, found e-commerce sales jumped by an even stronger 8.5% year-over-year on Black Friday. In another sign of sturdy consumer spending, Americans continue to travel aggressively. That’s down 63 cents from the peak in September and marks 60 consecutive days of falling gas prices.

Persons: New York CNN —, ” Michelle Meyer, men’s hoodies, Mastercard SpendingPulse, ”, Mastercard’s Meyer, That’s, Sensormatic, Covid, Meyer, ” Meyer Organizations: New, New York CNN, Mastercard Economics Institute, CNN, Adobe Analytics, Adobe, JCPenney, Mastercard, SpendingPulse, Bank of America, Transportation Security Administration, Federal Reserve, AAA Locations: New York

☆ Premarket stocks: How the ‘Black Ceiling’ is holding some professionals and the economy back
▼ + stars: | 2023-11-27 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +12 min

In his new book “The Black Ceiling” Woodson, a former attorney, sheds light on systemic issues within elite professional settings and the broader economic repercussions that come from underutilizing and marginalizing talented Black professionals. Woodson spoke with more than 100 Black professionals about what he calls the Black ceiling — a significant barrier that impedes career progression and creates stigma and anxiety in the workplace. Racial discomfort encapsulates the sense of unease that a lot of Black professionals experience working in elite white work settings. Selective punitiveness is the widespread perception that Black professionals get treated especially harshly when they make mistakes. Firms need to train their personnel, especially their senior white professionals so that they don’t judge junior Black professionals adversely for these challenges.

Persons: Kevin Woodson, ” Woodson, Woodson, Bell, it’s, who’ve, Kim Schmidt, they’re, that’s, doesn’t, It’s, Eva Rothenberg, ” Grant Gustafson, Corie Barry, “, ” Barry, Nathaniel Meyersohn Organizations: CNN Business, Bell, New York CNN — Corporate America, University of Richmond School of Law, Elite, Sensormatic, Black, Adobe, Retailers Locations: New York, underutilizing, DC

Social media users, often influencers, invite viewers to watch them get ready to do something or go somewhere. Think “Clean with Me” videos where users watch people clean their homes for inspiration or pleasure. On TikTok, videos with the hashtag “grwm” have been viewed more than 157 billion times. Often, behind the “getting ready” content lurk other, more commercial messages. “I could sit there all day and watch Get Ready with Me videos from different creators.

Persons: they're, ”, Earnest Pettie, Sofia Richie Grainge, TikTok, whatever’s, Nicla Bartoli, who've, Bartoli, Alix Earle, Alisha Rei, Rei, she'd, didn't, Goldman Sachs, Allie Pribula, Pribula, ” Camilla Ramirez Diaz, Diaz, ” Diaz, “, They’re, Hadero Organizations: Social, YouTube, Influencer Marketing, Associated Press Locations: Toronto, Philadelphia, Burlingame , California, London

Learn moreCyber Monday starts tomorrow, though many of the best deals are already ongoing. We've been tracking the best Apple deals over the last few days and we're happy to report that tons of the biggest discounts from Black Friday are still live. Below, our editors have compiled the best Apple Cyber Monday deals based on our testing and deal-hunting. For more coverage, check out our main guide to all of the best Cyber Monday deals across the internet. iPad dealsSee more: Best Cyber Monday iPad dealsAirTag dealsMore Apple Cyber Monday dealsAhead of Cyber Monday, we're also seeing great deals on many other popular Apple products, services, and accessories:

Persons: we're Organizations: Apple, Black, Apple Watch

Learn moreCyber Monday has officially begun, and there's perhaps no better time than now to buy a new Apple Watch. Even the newly released Apple Watch Ultra 2 and Series 9 are at their lowest prices we've ever seen. The best Apple Watch Cyber Monday deals todayApple Watch Cyber Monday FAQsIs Cyber Monday the best time to buy an Apple Watch? For the best you can find online, check out our roundup of the 20 best Apple Watch bands. Ultra 2 owners can also find a band specifically for their model in our roundup of the best Apple Watch Ultra 2 bands.

Persons: It's, it's Organizations: Apple Watch, Apple

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