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☆ Israel economy rebounds with 3.8% growth in Q3 amid wars with Hamas, Hezbollah
▼ + stars: | 2024-11-17 | by ( ) www.cnbc.com time to read: +2 min

A general view shows the Israeli city of Tel Aviv, on August 12, 2024, amid regional tensions during the ongoing war between Israel and the Palestinian Hamas movement in the Gaza Strip. The war has raged in Gaza since Hamas' Oct. 7, 2023 cross-border attack on southern Israel. Figures issued on Friday showed Israel's inflation rate held steady at 3.5% in September but staying above the government's annual inflation target of 1-3%. Government officials have largely blamed war-related supply issues for the spike in inflation at a time when inflation is largely easing globally. Israeli central bankers have said that further rate cuts, which have begun in the United States and Europe, are unlikely but warned of rate hikes should inflation remain high.

Organizations: Hamas, Central Bureau, Statistics, Government, Bank of Israel Locations: Tel Aviv, Israel, Palestinian, Gaza, Lebanon, United States, Europe

☆ 'My life is a million times better': A man who quit his desk job to be an electrician shares his takeaways from the switch
▼ + stars: | 2024-11-17 | by ( Christine Ji | ) www.businessinsider.com time to read: +6 min

Snyder shares his top 4 takeaways after making the switch from a white to blue collar job. If your Sunday evenings are tainted by the thought of clocking into work the next morning, you're not alone. Snyder, now 43 years old, has been an electrician for the last six years, and he's never looked back. Advertisement"As a union electrician, my life is a million times better," he said. If he's on the hunt for a new job, Snyder doesn't have to apply individually and interview — the union helps facilitate matching available jobs to union members looking for work.

Persons: Dustin Snyder, Snyder, he's, it's, who's, Snyder doesn't, I'm, Christine, cji Organizations: Bureau of Labor Statistics, AFL, Brotherhood of Electrical Workers Locations: Seattle

☆ Evercore ISI gives its top tech picks for 2025
▼ + stars: | 2024-11-17 | by ( Hakyung Kim | In Hakyungkim | ) www.cnbc.com time to read: +6 min

Evercore ISI already named its favorite technology stocks to own heading into 2025. Against that background, Evercore ISI analysts recently picked five tech stocks they're most sure of entering next year. Arista Networks The cloud network equipment company's conservative revenue guidance for 2025 leaves room for upside potential, according to Evercore ISI. Evercore ISI raised its 12-month price target on Arista to $450 from $425, indicating more than 20% upside from Friday's close. International Business Machines IBM is likely to top revenue estimates in 2025, Evercore ISI said.

Persons: ChatGPT, haven't, Evercore, Amphenol, Donald Trump's, Vertiv, — CNBC's Michael Bloom Organizations: ISI, Arista, Arista Networks, Apple, Business Machines IBM, Evercore, IBM, Holdings Vertiv Holdings Locations: CY25, capex, Wallingford , Connecticut, Waterville , Ohio

☆ King Arthur left an ancient trail across Britain. Experts say it offers clues about the truth behind the myth
▼ + stars: | 2024-11-16 | by ( Julia Buckley | ) edition.cnn.com time to read: +19 min

Today, he is best associated with Tintagel Castle, where remains of a settlement dating back to the fifth century perch strikingly on an islet off the wild coast of Cornwall. Bettmann Archive/Getty ImagesFor Stoyle, it’s likely that the myth of Arthur has at least its roots in fact. This Arthur was played by Clive Owen in the 2004 film, “King Arthur,” alongside Keira Knightley as Guinevere. The sixth-century “Artognou stone," discovered in 1998, has linked Tintagel with King Arthur for some scholars, though others dismiss it. Of course, medieval history writers were fast and loose with the facts.

Persons: CNN —, He’s, King Arthur, —, Arthur’s, Arthur, France —, Tintagel, Merlin, they’d, There’s, who’ve, Mark Stoyle, Brittany —, ”, Stoyle, “, Guinevere, Lancelot, Clive Owen, “ King Arthur, Keira Knightley, Gandalf, Dumbledore, Glastonbury Abby, Grant, indelibly, JFK's, Harvey Georges, Pierre Vinet, Sam Morgan Moore, Ben Birchall, Arthur . PaulMaguire, Keira Knghtley, Jonathan Hession, Gerhard Zwerger, King Arthur Prev, Geoffrey of Monmouth, Geoffrey —, Camelot —, Geoffrey, Mordred, Win Scutt, Earl Richard, Prince William . “ Earl Richard, Britain —, ” “ It’s, Arthur —, Scutt, Nicholas J, Higham, ” Higham, J.R.R, Tolkien —, laud, Gildas — “, ” Henry VIII, superfan Henry VIII, Oli Scarff, England’s King Henry VII, Richard III, he’d, –, Prince, Wales — Arthur, Henry’s, England, Henry VIII, Henry, David’s, Elizabeth I, Stuart, Arthurs, ” Scutt Organizations: CNN, Celtic, Camelot, Cornwall Glastonbury, Wales Cadbury, Glastonbury Tor, Cadbury, Glastonbury Abbey, UK’s University of Southampton, Bettmann, Disney, Cornish, Bank, Getty, Royal Mail, Walt Disney Pictures, Avalon, English Heritage, University of Manchester, Britons, Glastonbury Locations: England, Europe, Britain, Scandinavia, Germany, France, Wales, Cornwall, southwesternmost, Tintagel, Tintagel Castle, Cornwall Glastonbury Abbey , Somerset Caerleon Castle, Wyddfa, Wales Cadbury Castle , Somerset Slaughterbridge, Island, Wales Winchester Castle, Hampshire, Edinburgh, Somerset, Caerleon Castle, Camelot, Mount Snowdon, Barfog, Glastonbury, Baschurch, Shropshire, Mynydd y Gaer, Bodmin, Las Vegas, Winchester, Caerleon, Cornwall’s, Avalon, Cornish, Greece, Turkey, London, Higham, AFP, Brittany, Ludlow, St

☆ She admitted to posing as a nurse in Virginia. Now she's accused of doing the same in California hospitals.
▼ + stars: | 2024-11-16 | by ( Tim Stelloh | Tim Stelloh Is A Breaking News Reporter For Nbc News Digital. | ) www.nbcnews.com time to read: +4 min

A convicted identity thief who admitted to posing as a nurse in Virginia nearly a decade ago is accused of impersonating nurses in at least two hospitals in Southern California this year, authorities said. Porter, who does not have a nursing license, was charged with identity theft, false impersonation and grand theft, the department said. Prior to her arrest in that case, the department said, Porter was in custody over similar allegations linked to a hospital in nearby Santa Clarita, California. During her first five shifts at the hospital, she was under the supervision of a training nurse, the facility said. The hospital added that Porter, who is not named in the hospital's statement, was under the supervision of a nurse and there was no indication of compromised care.

Persons: Amanda Porter, Porter, Henry Mayo Organizations: Angeles County Sheriff's, Social, Ford, Providence Saint Joseph Medical, Hospital, Henry Mayo Newhall Hospital, Burbank Locations: Virginia, Southern California, Burbank, Santa Clarita , California, Angeles County, New York, Norfolk, Santa Clarita

"I just thought [Too Good To Go] was the most genius app, and I loved the concept," she says. "[Food waste] a massive, massive issue, and it's important that we solve it fast," Lykke says. Conviction to stay the courseToo Good To Go, which has nearly $158 million in investment funding, isn't the only for-profit company trying reduce food waste. Some app users like Niles, the dumpster diver in Brooklyn, worry that Too Good To Go "greenwashes" the issue of food waste, giving users false impressions of environmental responsibility. But if every food retailer in the U.S. used a similar markdown mechanism, they'd save one million tons of food annually, according to calculations by Chicago-based nonprofit ReFED.

Persons: David Niles, Niles, He's, Mette Lykke, it's, Thomas Bjørn, Stian Olesen, Klaus Bagge Pedersen, Brian Christensen, Adam Sigbrand, Lykke, Armour, Susan Prunty, Dana Gunders, That's, ReFED Organizations: CNBC, Bank, Venture Locations: Brooklyn , New York, U.S, Copenhagen, Europe, North America, Australia, United States, Medford , Oregon, Brooklyn, Chicago

☆ Kenneth Kimes went on a deadly crime spree with his mother Sante. Now he’s speaking out
▼ + stars: | 2024-11-16 | by ( Faith Karimi | ) edition.cnn.com time to read: +12 min

Learn more about the dark saga of Sante and Kenneth Kimes in the latest episode of “How It Really Happened,” airing Sunday at 10 p.m. As investigators dug deeper they learned that “Manny Guerrin,” the name Kenneth Kimes gave Silverman when he rented the apartment, did not exist. In a 2000 interview with CNN’s Larry King, Sante Kimes called their arrest a witch hunt, saying they were victims of mistaken identity. Kenneth Kimes Sr. pleaded guilty to a lesser charge, but Sante Kimes went to prison in 1985. When he or other people called for Kenneth Sr., Sante Kimes would say he was traveling, in the shower or had laryngitis, he said.

Persons: Sante, Kenneth Kimes, CNN — Irene Silverman, he’d, Silverman, —, Kimes, Kenneth Kimes ., …, ‘ ” Kenneth Kimes, “, . Silverman, ”, Thomas Ryan, Irene Silverman, who’d, “ Manny Guerrin, Sante Kimes, Nassau . Kent Walker, Mike Albans, CNN’s Larry King, “ Kimes, Irene Silverman's, Stuart Ramson, Elizabeth Taylor, –, didn’t, Kenneth Kimes Sr, Santa Barbara, Kenneth Sr, Richard J, Suge Knight, Lyle, Erik Menendez, ” Sante, he’s, he’ll, I’ve Organizations: CNN, Getty, Radio City, New York City Police Department, New York City, Lincoln Town Car . Police, Police, Los Angeles International Airport, Lincoln, FBI, NY Daily, University of California, Donovan Correctional Locations: New York City, Los Angeles, Bahamas, San Diego, New York, Las Vegas , Los Angeles, Nassau, Central America, Las Vegas , Hawaii, In Nevada, California, Los, Nassau ., Angeles, New Jersey, Santa

☆ These 'best-in-class' stocks are rising fast so buy them quickly, Bank of America says
▼ + stars: | 2024-11-16 | by ( Michael Bloom | ) www.cnbc.com time to read: +5 min

CNBC Pro combed through Bank of America research to find stocks the bank believes are "best-in-class." They include Carvana , ESAB, Netflix , Texas Roadhouse and Johnson Controls . Texas Roadhouse Analyst Sara Senatore is sticking with shares of the Texas-themed restaurant following earnings in late October. BofA says Texas Roadhouse benefits from low staff turnover, innovative technology and same-store sales that continue to improve. In addition, Senatore called traffic growth "best-in-class" with month-to-month improvement even as the wider industry battles numerous headwinds.

Persons: Jessica Reif Ehrlich, Reif Ehrlich, Sherif El, BofA, ESAB, Sara Senatore, Senatore, Johnson Organizations: Bank of America, CNBC, Netflix, Texas, Johnson Controls, BofA, Gaming, El, JCI Locations: Bank, El, Texas, U.S, North America

☆ Ole Andreas Halvorsen's Viking Global opened stakes in two turnaround stories in the third quarter
▼ + stars: | 2024-11-16 | by ( Alex Harring | ) www.cnbc.com time to read: +3 min

Ole Andreas Halvorsen's Viking Global bought into two big, second-half turnaround stories in the third quarter. Halvorsen bought almost 1.7 million Starbucks worth $162 million during the quarter. Starbucks shares surged more than 24% the day of the announcement, its best day ever. So far in the fourth quarter, shares have risen less than 1%. Stocks that Viking Global zeroed out in the quarter ranged from Meta Platforms to Dollar Tree to UnitedHealth .

Persons: Ole Andreas Halvorsen's, Halvorsen, Brian Niccol, LSEG, Tesla, Elon Musk, Donald Trump's, Musk, Julian Robertson, Charles Schwab Organizations: Ole Andreas Halvorsen's Viking Global, Tesla, Starbucks, White, Republican, Trump, Tiger Management, Viking, U.S . Bancorp, Visa, Bank of America Locations: Ole Andreas Halvorsen's Viking, Norwegian, American, Chipotle, U.S, UnitedHealth

☆ I built a 'tiny house' Airbnb hotel and sold it for $7 million. Here's why I decided to walk away when I did.
▼ + stars: | 2024-11-16 | by ( Charissa Cheong | ) www.businessinsider.com time to read: +6 min

I sold the property, called Live Oak Lake, for $7 million in October 2023. Part of the reason I considered selling Live Oak Lake was because of the stress of running it. We listed Live Oak Lake for sale in the summer of 2022. AdvertisementSelling the property has alleviated my stressI think I sold Live Oak Lake at the right time. AdvertisementThe Live Oak Lake project was an amazing project, a baptism by fire in the realms of real estate, marketing, and hospitality.

Persons: Isaac French, Instagram Organizations: influencers, Business Locations: Texas, Nordic, Waco, Zillow, Instagram

☆ Americans moving to Canada should be aware of these 4 tax and investment implications
▼ + stars: | 2024-11-16 | by ( Christine Ji | ) www.businessinsider.com time to read: +6 min

AdvertisementInterest in moving to Canada has spiked among Americans after the election. Advertisement"I think sometimes it can be a knee-jerk reaction," Woodfield said of moving to Canada. AdvertisementTo prevent ex-pats from getting taxed twice on their income, the US and Canada have a tax treaty that provides a foreign income tax credit for any income tax paid to the other country, Woodfield explained. You also don't have the option to file joint income tax returns with your spouse in Canada, Woodfield warned. AdvertisementThe earlier you start preparing for your cross-border move, the better — ideally, one to two tax years before moving, Woodfield said.

Persons: Tiffany Woodfield, Donald Trump, Roe, Trump, Raymond James ., Woodfield, Uncle Sam, RRSPs, …, It's, you've, they've, I've Organizations: White, Wade, SWAN Wealth Management, pats, Income Corporations, IRS Locations: Canada, Spain, they're

☆ Postelection stock market thrust unable to be sustained as rate and valuation worries creep back in
▼ + stars: | 2024-11-16 | by ( Michael Santoli | ) www.cnbc.com time to read: +8 min

.SPX 1M mountain S & P 500, 1 month The S & P is still about 3-4% above levels where chart readers would start to get more concerned about the underlying trajectory. Even in Friday's 1.3% slide in the S & P 500, only two-thirds of all stocks were down on the day and the equal-weight S & P was off a modest three-quarters of a percent. It makes sense that the market wasn't able to summon a sustained thrust of exuberance after the election anxiety evaporated, given the somewhat demanding starting point. A more mature economic and risk cycle and vulnerability to higher rates among smaller, lower-quality stocks mean they aren't likely to lead from here, Pies says. Is the market presciently foretelling an unleashing of transactional fervor that will return Wall Steet's middlemen to their former glory?

Persons: Goldman Sachs, Russell, Jay Powell, Warren Pies, Goldman Organizations: Nasdaq, KBW, ICE, Trump, Federal Reserve, Investors, Bank, 3Fourteen Research, Wall Street Locations: Friday's

☆ I moved to Dubai when I became a millionaire at 24. People don't treat me differently here because of my wealth.
▼ + stars: | 2024-11-16 | by ( Kelly Burch | ) www.businessinsider.com time to read: +5 min

He got into sales at 16 and became a millionaire last year at 24. I did sales courses and seminars, which made me better and better with this skill set. Related storiesI was uncomfortable with people treating me differentlyEven before I became a millionaire, I noticed that people started treating me differently. Suddenly, the popular crowd — who never paid attention to me in school — started inviting me out. I didn't like that, and I didn't want to be treated differently because of my wealth.

Persons: Ben Grant, there's, —, I'm, I've, we're Organizations: Learn, Lamborghini, Rover Locations: England, Sunderland, Dubai

☆ 'This looks and feels like the year 2000 to me': Investing legend Rob Arnott says the stock market's record rally reminds him of the dot-com bubble peak
▼ + stars: | 2024-11-16 | by ( William Edwards | ) www.businessinsider.com time to read: +5 min

He said comparisons to the dot-com peak in 2000 are fair. Advertisement"This looks and feels like the year 2000 to me," Arnott told Business Insider on November 11. But Arnott believes AI optimism, which has driven the lion's share of the rally, is already fully priced in. At 37 times earnings, just below the late-2021 peak of 38, before the market fell by 25%, and the 2000 peak of 43, right in front of a 50% loss. "This is a really, really, really pricey environment, but it doesn't necessarily make me bearish.

Persons: Rob Arnott, he's, Arnott, —, Donald Trump, Trump, disruptors, There's, Goldman Sachs, David Kostin, Michael Hartnett, Hartnett, David Einhorn, Einhorn Organizations: Nvidia, Intel, Chief US, Business, Goldman Sachs Bank of America's Global, Equity, Bank of America, CNBC's, Alpha Locations: irrelevance

☆ Ukraine latest: Bad news mounts for Ukraine across the frontlines. But Russia is under pressure too
▼ + stars: | 2024-11-16 | by ( Ivana Kottasová | ) edition.cnn.com time to read: +7 min

Russia is making gains at key spots along the frontlines of eastern and southeastern Ukraine, while unleashing wave after wave of aerial terror against Ukrainian cities. … You just get boxed into a corner and you have to choose from a buffet of bad options,” Barros added. Taking over Kupiansk would make it a lot easier for Russia to push further into the Kharkiv region. Ukraine has put up a fierce fight in the area in recent months, even though it has lost some ground. Pokrovsk has been a target of Russia for months as it seeks to capture eastern Ukraine.

Persons: Volodymyr Zelensky, “, ” George Barros, Barros, That’s, …, ” Barros, Kupiansk, Zelensky, Pokrovsk, Diego Fedele, they’ve, “ It’s, ”, that’s, Vladimir Putin’s, Putin, Donald Trump, Trump Organizations: CNN, Institute for, Geospatial Intelligence, Kyiv, Ukrainian, Russian Central Bank, Western Locations: Moscow, Russia, Ukraine, Russian, Kursk, Ukrainian, Kupiansk, Kharkiv, Ukraine’s, Kurakhove, Pokrovsk, crosshairs, Avdiivka, North, United States

☆ I'm a private chef who loves shopping at Trader Joe's. Here are 10 items I always buy when creating meals for my clients.
▼ + stars: | 2024-11-16 | by ( Allison Wellman | ) www.businessinsider.com time to read: +1 min

AdvertisementI'm a private chef, and Trader Joe's is my go-to store for buying unique yet versatile ingredients. To avoid waste, I prioritize buying items that can be used in several dishes. Some of my favorites items include Trader Joe's orzo and Green Goddess seasoning blend. As a private chef, I prepare a variety of meals each week for my clients. This allows me to make the most of my clients' grocery budgets and avoid food waste.

Persons: Joe's

☆ This is the anti-ESG venture capital firm that Donald Trump Jr. is joining instead of taking a White House role
▼ + stars: | 2024-11-16 | by ( Grace Eliza Goodwin | ) www.businessinsider.com time to read: +4 min

AdvertisementDonald Trump Jr. will not take on a White House role, opting instead for the VC firm 1789 Capital. The venture capital firm that Donald Trump Jr. is reportedly joining eschews investments that push social and environmental issues and instead focuses on what it calls "EIG," or entrepreneurship, innovation, and growth. Like 1789 Capital, Trump Jr. has long been a proponent of the parallel economy, also called the "patriot economy," a term used by MAGA conservatives to refer to businesses that align with their traditional values. And Trump Jr.'s connection to Malik, the president of 1789 Capital, includes the pair's mutual support of a parallel economy platform called PublicSquare. Representatives for Trump Jr. through the Trump Organization and the Trump transition team didn't respond to a request for comment from BI.

Persons: Donald Trump Jr, Omeed Malik, Tucker, EIG, —, Tucker Carlson's, Donald Trump's, Omeed Malik —, Christopher Buskirk, Malik, Buskirk, deglobalization, MAGA, Trump, Malik didn't, Tucker Carlson, Jordan Cohen Organizations: The New York Times, Bloomberg, Trump Jr, Bank of America, Farvahar Partners, Trump, Republican National Committee, New York Stock, Time Magazine, Tucker Carlson Network, Fox News, Trump Organization Locations: The Florida, Beach , Florida

☆ Pro-Palestinian activists’ anger at Democrats hasn’t been dampened by Trump’s election
▼ + stars: | 2024-11-16 | by ( Gregory Krieg | ) edition.cnn.com time to read: +11 min

CNN —For Democratic pro-Palestinian activists, Donald Trump’s reelection delivered a bitter vindication. Led by the Uncommitted National Movement, they spent months pushing and pleading with the Biden administration to scale back its support for Israel’s war in Gaza. “I don’t have any regrets,” Uncommitted spokesman and strategist Waleed Shahid told CNN. After weeks of back-and-forth, on the final night of the confab, party officials inside the United Center told Uncommitted leaders it was a no-go. “The thing I’ve been saying and I will always say is that these uncommitted voters are our voters, they’re our family,” Barnes told CNN at the time.

Persons: Donald Trump’s, Biden, Joe Biden’s, “, ”, James Zogby, Kamala Harris, ” Uncommitted, Lexis Zeidan, Trump “, ” Lexi Zeidan, Trump, Jill Stein, Harris, Harris ’, wasn’t, ” Zeidan, ’, Wa’el Alzayat, Emgage, Alzayat, Wa'el Alzayat, Jose Luis Magana, Mike Huckabee, Tulsi Gabbard, Matt Gaetz, Waleed Shahid, Lavora Barnes, –, ” Barnes, Shawn Fain, Ruwa, Romman, ” Romman, Trump’s, Dalal Baydoun, Stein, Israel, ” Harris, Bill Clinton, ” Clinton, ” Clinton’s, capper, Liz Cheney, Dick Cheney, Donald Trump, ” Shahid, “ it’s, ” Zogby, Zogby, “ There’s, we’re, he’s, CNN’s Danny Freeman, Yon Pomeranz Organizations: CNN —, Democratic, Movement, Black, Arab American Institute and, Democratic National Committee, Trump, CNN, Green Party, Democrat, Democrats, Muslim, Latina, Democratic National Convention, United Center, Michigan Democrats, United Auto Workers, statehouse, West Bank, United Nations, UN Human Rights, State, Defense, Michigan State University Locations: Gaza, Michigan, Dearborn, CNN Dearborn , Michigan, American, Chase , Maryland, Israel, Chicago, Palestinian, Georgia, ”, Arab, Lebanon, East Lansing, Palestine, Iraq

☆ What Trump's proposed China tariffs could mean for Apple's profits
▼ + stars: | 2024-11-16 | by ( Sean Conlon | ) www.cnbc.com time to read: +6 min

Under a 25% tariff on goods from China, the Wall Street investment bank sees an EPS loss for Apple of 9.2%. Those estimates make Apple the fifth most vulnerable tech company to potential tariffs on goods from China in Morgan Stanley's research coverage. Bank of America analyst Wamsi Mohan agrees, seeing any tariff impact as "manageable." He sees a 60% tariff on Chinese goods possibly resulting in about a 4% hit to Apple's EPS. By contrast, Dell – which he noted looks positioned to be "most vulnerable" to tariffs – could see an EPS impact of up to about 90%, according to his model.

Persons: Donald Trump's, Tim Cook's Apple, Morgan Stanley, Erik Woodring, Trump, Tesla, –, Morgan, it's, Angelo Zino, Zino, Wamsi Mohan, Apple, Bernstein, Toni Sacconaghi, Sacconaghi, It's, BofA's Mohan, Mohan, Jason Snipe Organizations: Apple, Wall, CNBC, of, Bank of America, Dell, Odyssey Capital, Apple Intelligence Locations: China, U.S, India, Vietnam, Malaysia

☆ 7 ways a Trump administration could affect your finances
▼ + stars: | 2024-11-16 | by ( John Towfighi | ) edition.cnn.com time to read: +9 min

Here are seven ways a Trump administration could affect your personal finances. During Trump’s first term, the 2017 Tax Cuts and Jobs Act temporarily expanded the child tax credit from $1,000 to $2,000. “He will deliver.”TaxesThe Trump administration is expected to focus on extending tax cuts introduced by the Tax Cuts and Jobs Act that are set to expire in 2025. The Trump administration wants to “promote choice and competition” and make health care more affordable, according to his policy platform. The Trump administration will likely cut red tape to encourage business and real estate developments.

Persons: Donald Trump, he’d, Trump, JD Vance, Maria Castillo Dominguez, —, Karoline Leavitt, Vance, “, ” Leavitt, Alan Auerbach, Social Security Trump, Biden, Berkeley’s Auerbach, Joe Biden’s, ” Auerbach, “ They’re, ”, Trump’s, Auerbach, Sarah Lueck, ” Trump Organizations: CNN, Social Security, Jobs, Valoria Wealth Management, Trump, Urban, Brookings Tax, Tax, UC Berkeley, Center, enrollees, Republicans, Public, Consumer, National Retail Federation, Health, Republican, Center for Budget, Medicare, it’s, Housing

☆ The election is over, but bettors are still wagering on these 8 political predictions
▼ + stars: | 2024-11-16 | by ( Matthew Fox | ) www.businessinsider.com time to read: +3 min

AdvertisementPrediction markets made a splash during 2024 Presidential election. Billions of dollars were bet on the presidential election outcome via prediction market platforms like Kalshi and Polymarket this year. Here are some political bets to watch on Kalshi and Polymarket now that the presidential election is over. Johnnie Izquierdo/Getty ImagesCurrent odds: Yes (32¢), No (69¢)Betting volume: $285,843Trump ends Gaza war by first 100 days? Mostafa Bassim/Anadolu via Getty ImagesCurrent odds: Yes (47¢), No (54¢)Betting volume: $267,997

Persons: Kalshi, Mike Tyson, Jake Paul, Donald Trump's, Gavin Newsom, Josh Shapiro, Gretchen Whitmer, Pete Buttigieg, Andy Beshear, JD Vance, Anna Moneymaker, Vivek Ramaswamy, Ron DeSantis, Donald Trump Jr, Marco Rubio, Donald Trump, Robert F, Kennedy, Kevin Dietsch, Elon Musk, Steve Bannon, Jared Kushner, Ben Carson, Ken Paxton, Betsy DeVos, Ivanka Trump, Oleg Petrasiuk, Matt Gaetz, Trump, Tom Williams, DOUG MILLS, Karoline Leavitt, Scott Jennings, Tucker Carlson, Alina Habba, Kari Lake, Peter Doocy, Johnnie Izquierdo, Mostafa Bassim Organizations: Democratic, Republican, Libertarian National Convention, RFK Jr, Trump, 24th Mechanised Brigade, AP, United, Trump's, Getty, George Washington University in, George Washington University in Washington DC Locations: Trump's, Ukraine, Florida, Gaza, George Washington University in Washington, Anadolu

We had no income tax, and all we had was tariffs.”That’s why some Wall Street titans are trying to push for Bessent. Kyle Bass, a billionaire hedge fund investor at Hayman Capital Management, said Lutnick doesn’t have the composition to lead the Treasury. “Scott Bessent is eminently more qualified than Howard Lutnick to run the U.S. Treasury,” Bass posted on X Wednesday. A full week after appearing to decide on nominating Bessent, Trump interviewed him again at Mar-a-Lago. A key Cabinet player, the Treasury secretary advises the president on economic and fiscal matters, including spending and taxes.

Persons: Donald Trump, Elon Musk, Trump, Howard Lutnick, Cantor Fitzgerald, Scott Bessent, ” Musk, —, Bessent, ”, Kyle Bass, Lutnick doesn’t, “ Scott Bessent, ” Bass, “ Scott, I’ve, Bass, Dan Loeb, Scott Lincicome, Lutnick, “, Cheney, Lutnick —, Dick Cheney’s, George W, Tennessee Sen, Bill Hagerty, Larry Kudlow, Kudlow, Steven Mnuchin, Mnuchin Organizations: CNN, Trump, “, Wall, Fox News, titans, Hayman Capital Management, Treasury, U.S . Treasury, Cato Institute, Federal Reserve, Peterson Institute for International Economics, National Economic Council, America, Policy Institute, Fox Business, Bessent, Mar, Republicans, Treasury Department Locations: America, United States

The FBI on Friday said reports of racist and offensive text messages sent from anonymous phone numbers are now being sent to members of Latino and LGBTQ communities. The FBI is investigating previous reports of dozens of racist texts sent to Black Americans telling them they have been “selected" to pick cotton "at the nearest plantation" immediately following last week's election. The initial reports of racist texts last week included recipients who attend universities from California to South Carolina, with some sent via TextNow, a service compatible with untraceable, “burner” phone numbers. The FBI on Friday said the texts from the initial reports were not identical but seemed to follow similar themes. The agency said it's also sharing information on the expanding texts and emails with education institutions and faith leaders.

Persons: Juan Proaño, Monèt Miller, Derrick Johnson, Proaño, LULAC, it's Organizations: FBI, U.S . Department of Justice's Civil Rights Division, LULAC, League, United Latin, NAACP, stoke Locations: California, South Carolina, TextNow, Atlanta

☆ Leaders of the anti-vaccine movement are thrilled RFK Jr. could run HHS: ‘A dream come true’
▼ + stars: | 2024-11-15 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Brandy-Zadrozny-Circle-Byline-Template.Jpg | Brandy Zadrozny | ) www.nbcnews.com time to read: +7 min

“It’s like Typhoid Mary being in charge of food safety.”But another group was celebrating Trump’s pick: the anti-vaccine movement Kennedy leads. She and Polly Tommey, director of CHD.TV and a longtime anti-vaccine activist, reflected on Kennedy’s power within their campaign. Holland urged viewers to “educate” the public and Congress that Kennedy’s anti-vaccine claims were accurate, aiming to boost his support among senators who would vote on his confirmation. Kennedy now has a chance to bring that advocacy into the top public health office in the country. Stone replied, “I am over the moon about the appointment.”Others relished how Kennedy might bring a dreamed-about reckoning in public health agencies and retribution against former public health officials.

Persons: Donald Trump’s, Robert F, Kennedy Jr, ”, Mandy Cohen, ” “, Richard Besser, Kennedy, Paul Offit, Mary, Mary Holland, Polly Tommey, “ Bobby Kennedy, ” Holland, “, ” Tommey, Holland, Bobby Kennedy, wouldn’t, he’s, Del Bigtree, Michaela Roman, Dr, Sherri Tenpenny, Trump, Steve Kirsch, Kirsch, Alex Azar, ” Kennedy, “ We’re, Alex Jones, Roger Stone, Stone, Steve Bannon, Fauci, Anthony Fauci, Naomi Wolf Organizations: Department of Health, Human Services, “, Centers for Disease Control, Children’s Hospital of Philadelphia, Health Defense, ”, MAHA Alliance, Kennedy’s, Oregon Capitol, Vaccine Safety Research Foundation, RFK, CDC, National Institutes of Health, Food and Drug Administration, NIH, National Institute of Allergy, Bannon’s

U.S. consumers collectively owe an eye-popping $1.17 trillion in credit card debt — a record — according to estimates the Federal Reserve Bank of New York released this week. But while there are still major financial risks for carrying hefty balances, the researchers said the data suggests that “rising debt burdens remain manageable” for the typical consumer. Prices are still going up, but they’re not going up as fast, and incomes are once again going up at a faster rate than expenses. Earnings growth has averaged 6.2% per year since the pandemic began, compared to the cumulative debt balance rising 4% per year. “Especially for higher-risk borrowers, credit card and auto loan delinquencies are the highest in a dozen years, and that’s with unemployment at 4%.

Persons: ’, Donald Trump, they’re, Greg McBride What’s, TransUnion, That’s, ”, Greg McBride, “, McBride Organizations: ’ paychecks, Federal Reserve Bank of New York, New York Fed, Commerce Department, Bureau of Labor Statistics, Bankrate Locations: ’ paychecks . U.S

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