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CNN —President-elect Donald Trump is expected to offer Kelly Loeffler the job of secretary of the Department of Agriculture, two people familiar with the matter told CNN. He is set to meet with her at Mar-a-Lago Friday afternoon, but as is always the case, nothing is final until Trump announces it. The agriculture job will likely be a significant one — especially as Trump’s pick to run the Department of Health and Human Services, Robert F. Kennedy Jr., has promised to assert his influence over the agriculture industry. Loeffler, appointed to the Senate by Georgia Gov. Brian Kemp over the wishes of Trump, lost her seat in a 2021 runoff to Democratic now-Sen. Raphael Warnock.
Persons: Donald Trump, Kelly Loeffler, Loeffler, Michael Whatley, Sen, Marco Rubio, Elise Stefanik —, Robert F, Kennedy Jr, Brian Kemp, Trump, Raphael Warnock, Joe Biden’s, , CNN’s Zachary Cohen Organizations: CNN, Department of Agriculture, Mar, Trump, Senate, Republican National, of Health, Human Services, Georgia Gov, Democratic, Capitol Locations: Georgia, Washington, Trump’s
And now, an extremely rare first edition of his most famous work, the political manual “The Prince,” is going up for auction, with an expected sale price of up to £300,000 ($375,000). The copy of the early 16th-century book is one of only 11 first editions to be recorded, according to auction house Sotheby’s. The book was printed in 1532 and bound with Machiavelli's "Florentine Histories" in an Italian binding, according to Sotheby's. Heaton said the auction house is “delighted” and “excited” to offer the “incredibly rare book” at Sotheby’s in London in its next Books & Manuscripts auction, which runs from November 28 to December 12. The political treatise, dedicated to Florentine ruler Lorenzo di Piero de’ Medici, was circulated as a manuscript before Machiavelli’s death in 1527.
Persons: Niccolò Machiavelli, , ” Gabriel Heaton, Heaton, , Machiavelli, , Medici, Prince ”, Lorenzo di Piero de ’ Medici, Biagio Buonaccorsi, ” Machiavelli Organizations: London CNN, Sotheby’s, CNN, Catholic Church Locations: Italian, Italy, Sotheby’s, London, Florentine, Casciano
Now we see it's very common for these store cards to charge over 30%." Just before the Fed began its rate-cutting cycle in September, many retailers and their bank partners raised interest rates on their store cards to protect their profits when the federal funds rate — which determines their own interest rates — came down. Now, the average interest rate on a store card is at an all-time high just ahead of the holiday shopping season, which is when most consumers sign up for store cards. That was less than half of the interest rate increase for store cards seen from September 2023 to September 2024, when the federal funds rate didn't budge. When asked why they increased the APR on their store cards, the companies that returned CNBC's request for comment pointed vaguely to industry standards and the current economic environment.
Persons: Tommy, Petco, Ted Rossman, it's, Jasmine Matheney, Nordstrom, Matheney, you've, preemptively Organizations: U.S, Federal Reserve, Navy, Academy Sports, Fed, CNBC, Comenity Bank, Big Lots Locations: Petco, Burlington, Macy's, Michael's, Michigan
Covid Can Raise the Risk of Heart Problems for Years
  + stars: | 2024-11-22 | by ( Nina Agrawal | ) www.nytimes.com   time to read: +1 min
Since nearly the start of the pandemic, scientists have known that a Covid-19 infection increases the risk of heart problems. A growing body of research now suggests that this risk can last until well after the infection has cleared. What’s more, the study found that infections severe enough to require hospitalization increased the likelihood of cardiac events as much as — or more than — having previously had a heart attack did. “A lot of people are at even greater risk of heart attack than they were before,” said Dr. David Goff, director for the cardiovascular sciences division at the National Heart, Lung and Blood Institute, which provided funding for the study. So this is really concerning.”Given the volume of evidence now linking Covid-19 to heart inflammation, heart failure, arrhythmia and other cardiovascular issues, experts said, doctors should be taking a closer look at patients’ Covid history.
Persons: What’s, , David Goff Organizations: University of Southern, Cleveland Clinic, Blood Institute Locations: University of Southern California, Covid
Precincts where Harris gained or lost votes compared with Biden in 2020 A New York City map full of inverted orange triangles indicating precincts where Ms. Harris lost votes compared with Mr. Biden in 2020. Precincts where Harris gained or lost votes compared with Biden in 2020 Map zooms to Corona in Queens, showing many inverted orange triangles indicating precincts where Ms. Harris lost votes compared with Mr. Biden in 2020. Precincts where Harris gained or lost votes compared with Biden in 2020 The map pans east to Flushing, where many inverted orange triangles indicate precincts where Ms. Harris lost votes compared with Mr. Biden in 2020. Precincts where Harris gained or lost votes compared with Biden in 2020 The map shifts to University Heights in the Bronx, where large orange inverted triangles indicate precincts where Ms. Harris lost votes compared with Mr. Biden in 2020. Precincts where Harris gained or lost votes compared with Biden in 2020 The map shifts to East Harlem in Manhattan, where large orange inverted triangles indicate precincts where Ms. Harris lost votes compared with Mr. Biden in 2020.
Persons: Donald J, Trump, George H.W, George H.W . Bush, Harris Trump, Red, Kamala Harris, Joseph R, Biden, Jr, Vincent M, Harris, Clinton Organizations: Bronx, Bronx MANHATTAN QUEENS Harris, Bronx MANHATTAN QUEENS Harris BROOKLYN STATEN ISLAND Bronx MANHATTAN QUEENS Trump BROOKLYN STATEN ISLAND Trump, Democrats, Republican, Democratic, New, Queens −, Brooklyn −, Manhattan, , Yorkers, Democratic Party, Heights, Borough Park, Mr, Harris, Harris Trump Borough Park, Corona, Queens, Harris Trump Locations: Bronx MANHATTAN, Bronx MANHATTAN QUEENS Harris BROOKLYN STATEN, New York City, George H.W ., Red Hook, Brooklyn, Riverdale, Bronx, Manhattan, Queens, York City, Corona, Flushing, Upper Manhattan, East Harlem, Harlem, Clinton Hill, Harris Trump, Woodhaven, Richmond Hill, Elmhurst, Gravesend, Heights, Tremont
AdvertisementI drove an updated 2025 Porsche 911 Carrera T Cabriolet in Lugano Blue. The Carrera T is a lighter, more enthusiast-focused 911 trim and comes with a manual transmission. The Porsche 911 is an automotive icon in the truest sense of the word, a representative symbol of what a sports car should be. Only a few high-end models, like the track-focused GT3, are offered with a manual transmission. AdvertisementStarting in 2025, the manual transmission will not only be standard on the Carrera T, it will be the only transmission offered on he model.
Persons: Carrera Organizations: Porsche, Carrera Locations: Lugano Blue
Why does the court claim jurisdiction in the case? More than 120 countries have joined an international treaty, the Rome Statute, and are members of the court. The court, based in The Hague, in the Netherlands, was created more than two decades ago to prosecute crimes against humanity, war crimes, genocide and the crime of aggression. The court has accused Mr. Netanyahu and Mr. Gallant of using starvation as a weapon of war, among other charges, in the conflict with Hamas in Gaza. And it accused Muhammad Deif, a key plotter of the Oct. 7, 2023, attack in Israel, of crimes against humanity, including murder, torture, sexual violence and hostage taking.
Persons: Benjamin Netanyahu, Israel, Yoav Gallant, Mr, Netanyahu, Gallant, Muhammad Deif Organizations: International Locations: Israel, Gaza, Rome, The Hague, Netherlands
AdvertisementJaguar defended its rebranding campaign after online critics roasted a promotional video. The campaign, featuring models and no cars, was criticized as "woke." Jaguar's managing director is defending the British luxury-car maker's rebranding campaign — calling out some of its online critics and characterizing their reaction as "vile hatred" and "intolerance." (Most 2024 Jaguar models have list prices of about $50,000 to $80,000.) In response to the video posted on X by Jaguar, Musk wrote : "Do you sell cars?"
Persons: Jaguar's, Rawdon Glover, Brad Audet, , Glover, India's Tata, Elon Musk, Andrew, Tristan Tate, Ian Miles Cheong, Musk, Nick Freitas, Bud Light, Bud, it's Organizations: Financial Times, Mazda, North America, Jaguar, Rover, Land Rover, India's, India's Tata Motors, Tesla, Republican, Delegates Locations: Virginia
Here's our Club Mailbag email investingclubmailbag@cnbc.com — so you send your questions directly to Jim Cramer and his team of analysts. This week's question: On Sept. 16, 2015, I bought 125 shares of Nvidia as a speculation stock. As longtime followers of Jim Cramer know, our belief at the Club is that discipline trumps conviction. Do we see further upside for Nvidia shares? As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.
Persons: Jim Cramer, NVDA, Jim, Jensen, Lee, , you've, Jensen Huang, Donald Trump, They've, Jim Cramer's Organizations: Nvidia, NVDA, Investors, U.S, CNBC Locations: Florida, China, Taiwan
Caiaimage/Paul Bradbury | Caiaimage | Getty ImagesWhen is a dupe an appropriate gift? Alternatively, "if it seems appropriate in the situation — if it is a more light-hearted gift — you can definitely go the dupe route," she said. 'It's a dupe for a reason'While some shoppers take pride in buying dupes, roughly 86% of shoppers have been disappointed by their purchase of a dupe, CouponCabin found. Shopping secondhand this seasonConsumers should make the same value considerations when buying secondhand, which has also become more popular, even for gifting. The majority, or 83%, of shoppers are also open to receiving secondhand gifts this holiday season, the report found.
Persons: Paul Bradbury, Caiaimage, Ellyn Briggs, Melanie Lowe, Lowe, CouponCabin, Lauren Beitelspacher, it's, Beitelspacher Organizations: Morning, Babson College, Pew Research Center, Facebook Locations: dupes, U.S
CNN —It began with a peace move nobody wanted and ended with an experimental missile strike so rare in war Moscow gave a 30-minute heads-up to Washington. The White House publicly authorized Ukraine Sunday to fire missiles it supplied into Russia proper, which it swiftly did Monday. Moscow responded by using an experimental medium-range missile, with hypersonic speeds and a multiple warhead system usually reserved for nuclear payloads, to strike Dnipro Thursday. Similarly, Putin’s decision to launch the Oreshnik missile was likely Moscow stepping up another rung on a carefully prepared ladder of escalation. Yuri Budanov, head of Ukraine’s defense intelligence, said Friday it was a “medium-range ballistic missile, a nuclear weapons carrier.
Persons: Donald Trump’s, Putin, Olaf Scholz, Vladimir Putin, Scholz, Trump, Joe Biden’s, , Russia’s, , Yuri Budanov, ” Budanov, Biden Organizations: CNN, White House, Ukraine Sunday, Dnipro Thursday, Kremlin, Russia’s, Foundation, NATO, Intermediate Nuclear Forces, US, United Kingdom’s Defence Intelligence Locations: Moscow, Washington, Ukraine, Russia, Germany, Europe, Poland, France, Dnipro, Kyiv, Kharkiv, Kupiansk, Zaporizhzhia, Kursk
In federal court, the music mogul Sean Combs is facing a sweeping indictment that accuses him of running a criminal enterprise that engaged in sex trafficking and racketeering conspiracy. Online, a cottage industry of amateur sleuths, speculators and self-described past associates have accused him, often with little grounding, of far worse. After Mr. Combs was charged in September, the social media theorizing about rampant celebrity debauchery and additional victims only grew more feverish and conspiratorial. Soon, a man began showing up on true crime podcasts claiming he had been given videos that showed sexual encounters involving Mr. Combs and a variety of other stars, including some he said looked to be inebriated and underage. Media outlets have received anonymous emails offering to negotiate deals to provide the supposed footage, but none have published any images and it remains unclear whether such videos even exist.
Persons: Sean Combs, Combs, Mr Organizations: Media
Watch Friday's full episode of Fast Money — November 22, 2024
  + stars: | 2024-11-22 | 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 EmailWatch Friday's full episode of Fast Money — November 22, 2024"Fast Money" is America's post-market show. Hosted by Melissa Lee and a roundtable of top traders, "Fast Money" breaks through the noise of the day, to bring you the actionable news that matters most to investors.
Persons: Melissa Lee
AdvertisementMatika Wilbur photographed members of every federally recognized Native American tribe. She published a book of her photos titled "Project 562: Changing the Way We See Native America." AdvertisementShe embarked on a yearslong project photographing members of every federally recognized Native tribe in North America. In 2023, she published her collection of photos in a book titled "Project 562: Changing the Way We See Native America." Wilbur spoke with Business Insider about her project, her photos, and the importance of agency in Native American representation.
Persons: Wilbur, Matika Wilbur Organizations: Business Locations: Native America, South America, American, North America
Jaguar new logo Courtesy: JaguarLuxury carmaker Jaguar has defended a rebrand that drew widespread criticism on social media this week. In a release, Jaguar said the media showcased its "dramatic new creative philosophy," branded "Exuberant Modernism," which will "inspire future vehicles." Three new electric models are expected from the company in the coming years, including a four-door GT car expected to have a six-figure starting price. We wanted to move away from traditional automotive stereotypes," Jaguar managing director Rawdon Glover told the Financial Times in an interview published Friday. A parked car featuring the existing Jaguar logo pictured on Monday, January 25, 202.
Persons: Jaguar, Gary Jenkins, they've, Rawdon Glover, Glover Organizations: Tata Motors, Rover, Facebook, CNBC, Jaguar, Miami Art, Financial Times, Nurphoto, Getty
CNN —A decision by the International Criminal Court to issue arrest warrants for Israeli officials was met with anger and annoyance at Jerusalem’s bustling Mahane Yehuda Market. Gil Siegal, a legal scholar at the Ono Academic College in Israel, said The Hague-based court’s decision has united Israelis. Most Israelis still support the war in Gaza, he said, seeing it as a just fight and the only means to keep their country safe. The ICC “is saying that Gallant and Netanyahu are equal to Mohammed Deif… this is something that Israelis truly cannot comprehend, truly, truly cannot comprehend,” Siegal said. “Israel’s war machine does not only destroy Gaza but also hurts Israelis – in body and in spirit,” he told CNN.
Persons: ” Sarita Katzin Sarfati, Benjamin Netanyahu, Yoav Gallant, “ Netanyahu, Bibi, ” Sarita, Netanyahu, Netanel Yehuda, , , Gil Siegal, Netanyahu –, Gallant, Mohammed Al, Masri, Mohammed Deif, Israel, ” Siegal, Yael Vias Gvirsman, Deif, Dreyfus, Alfred Dreyfus, Yair Lapid, Shurat HaDin, Behar Organizations: CNN, International, Court, Putin, Ono Academic College, ICC, Hamas, Israel Defense Forces, West Bank Locations: Mahane, Gaza, Israel, Hague, Tel Aviv, The Hague, Israeli
The read on retail ahead of Black Friday
  + stars: | 2024-11-22 | by ( Courtney Reagan | ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe read on retail ahead of Black FridayCNBC's Courtney Reagan joins 'Squawk Box' to report on retail earnings and the state of the consumer ahead of the holiday season.
Persons: CNBC's Courtney Reagan
President-elect Donald J. Trump picked Scott Bessent to serve as Treasury secretary on Friday, tapping a billionaire hedge fund manager to lead an economic agenda that is expected to be built around raising tariffs and cutting taxes. Mr. Bessent, the founder of the investment firm Key Square Capital Management, has emerged as a central economic adviser to Mr. Trump over the past year. Unlike many on Wall Street, Mr. Bessent, 62, has also defended the use of tariffs, which are Mr. Trump’s favorite economic tool. If confirmed by the Senate, Mr. Bessent would take over a department with vast responsibilities that is at the core of the federal government. The Treasury Department issues debt to fund the government’s operations and pay its bills, including paying Social Security and veterans benefits.
Persons: Donald J, Trump, Scott Bessent, Bessent, George Soros Organizations: Key, Capital Management, Democratic, Senate, Treasury, Social Security
M. Jodi Rell, who was the first (and, to date, only) Republican woman to serve as governor of Connecticut, beginning her seven years in office when the incumbent resigned in a corruption scandal, died on Wednesday in Florida. Her family, providing no other details, said she died in a hospital after a brief illness. Mrs. Rell had been the state’s lieutenant governor for more than nine years when, in July 2004, she began completing the term of Gov. Known as a moderate Republican, Mrs. Rell sought bipartisan compromise — a goal that became more important to her, she said, when, five months after becoming governor, she was diagnosed with breast cancer and underwent a mastectomy and reconstructive surgery. She returned to her office in the Capitol in Hartford nine days later.
Persons: Jodi Rell, Rell, John G, Rowland, Dannel P, Malloy Organizations: Republican, Gov, Capitol Locations: Connecticut, Florida, Hartford
The Far East Shopping Center on Orchard Road in Singapore, on Thursday, April 11, 2024. Bloomberg | Bloomberg | Getty ImagesThe Far East Shopping Center along Singapore's Orchard Road has seen better days. Orchard Road, Singapore's main shopping street, is 2.2 km (1.3 miles) long but much of the activity takes place in the middle of the stretch as well as at selected malls linked via underground walkways to subway stations. Far East Shopping Center isn't connected to Orchard MRT unlike several of its neighbors. Two of the properties, the voco Orchard hotel and Forum The Shopping Mall, share some 180 meters of frontage along Orchard Road.
Persons: Ong Beng Seng, hasn't, CDL, Singapore's URA, URA, Richard Goh, Rasa Singapura, Sukanto Tanoto, Du Shuanghua, Jeremy Lake Organizations: Shopping, Bloomberg, Getty, Shopping Center, Singapore Botanic Gardens, Urban Redevelopment, Properties, Singapore, Developments, CDL Hospitality, Arts, CNBC, Singapore Botanic, Pacific Eagle, Food, Savills Singapore, Concorde Locations: Orchard, Singapore, Delfi Orchard, Istana Park, Canning, HPL
Chuck Scarborough, the broadcaster who for 50 years brought New Yorkers news of blizzards, financial collapses, terror attacks and assassinations, said Thursday that he would step down from his anchoring duties at WNBC. “The time has come to pass the torch,” Mr. Scarborough said at the end of the 6 p.m. newscast. “Fifty years, eight months and 17 days after I walked into the door here at the headquarters of the National Broadcasting Company, I will step away from this anchor desk.”Mr. Scarborough, 81, said his last broadcast as anchor will be on Dec. 12. He will not leave WNBC entirely, and will contribute periodically to special projects, NBC 4 New York said in a statement. Beginning with “Good evening, I’m Chuck Scarborough,” Mr. Scarborough became an institution in New York over the decades he delivered the news about everything from storms and financial crises to protests and plane crashes.
Persons: Chuck Scarborough, Mr, Scarborough, ” Mr, I’m Chuck Scarborough, John Lennon Organizations: New, WNBC, National Broadcasting Company, NBC Locations: Scarborough, York, New York
It is very unusual for Chinese businesspeople to take public aim at the government and those who have done so have often faced repercussions. In particular, Pinduoduo’s pricing system has done great harm to China’s brands and its industries,” he was quoted as saying by state-owned media outlet The Paper. In further remarks from the same press conference that were not widely reported by state media, Zhong singled out the Chinese government for not doing more to stop the trend. CNN has reached out to Nongfu Springs and PDD (PDD) for comment. A worker prepares to transfer packages after sorting at a warehouse for an e-commerce company in Beijing on November 11, 2024.
Persons: Hong Kong CNN —, Zhong Shanshan, Zhong, Pinduoduo, Alibaba, Jack Ma, Ma, Colin Huang, Wang Zhao, Zhong’s, Huang Organizations: Hong Kong CNN, PDD Holdings, Sina Technology, CNN, Ant Group, Alibaba, Getty, Bloomberg Locations: China, Hong Kong, Beijing, AFP
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,
Authorities in Norway have arrested a Norwegian man who worked as a security guard at the U.S. embassy in Oslo, accusing him of passing sensitive information to Russia and Iran. Under interrogation, the man, identified as Mohamed Orahhou, 27, admitted to collecting and sharing information with an officer from Russia’s domestic intelligence service, the S.V.R., as well as with unspecified Iranian officials, according to Norwegian authorities and Mr. Orahhou’s lawyer. The authorities have not released details about the type of information involved, but on Thursday a court in Oslo, citing the seriousness of the accusations, ordered Mr. Orahhou to be kept in custody for four weeks pending further investigation. “This is a very serious case,” Thomas Blom, an official from Norway’s Police Security Service, said in a text message to The New York Times. “We are at the very beginning of a rather extensive investigation.”
Persons: Mohamed Orahhou, Orahhou, ” Thomas Blom, Organizations: U.S, Norway’s Police Security Service, New York Times Locations: Norway, Norwegian, Oslo, Russia, Iran
Opinion | A Range of Lessons From Trump’s Victory
  + stars: | 2024-11-22 | by ( ) www.nytimes.com   time to read: +1 min
To the Editor:Re “Enough,” by Roxane Gay (Opinion, Nov. 17):I empathize with Ms. Gay’s feelings regarding not yielding “even a little” to Trumpism’s “odious politics.” But we also cannot be naïve about what’s necessary to most effectively fight and defeat Trumpism: political power. To win future elections Democrats — increasingly the party of well-educated, well-off citizens who have the privilege of voting based on concerns over the rule of law and cultural issues, not whether they can pay this month’s rent — do not need to cater to all who voted for Donald Trump. They just need to win over a small slice of the electorate that may have voted for previous Democratic candidates but, perhaps holding their noses, didn’t in 2024. They must acknowledge many voters’ fear, anger and insecurity over both major parties failing for decades to adequately address ever-increasing income and wealth inequality — that even when “the economy” improves, too often everyday workers still fall farther and farther behind. And they must relentlessly focus electoral messaging on their plans for how to repair this ever-worsening economic gulf.
Persons: Roxane Gay, Trumpism’s, , Donald Trump Organizations: Democratic
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