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☆ Dollar slips with bond yields on Treasury nomination
▼ + stars: | 2024-11-25 | by ( ) www.cnbc.com time to read: +1 min

The dollar relinquished a little of its recent gains on Monday as the pick for U.S. Treasury secretary seemed to reassure the bond market and pulled yields lower, shaving some of the currency's rate advantage. Yields on 10-year Treasuries slipped to 4.351%, from 4.412% late Friday, as President-elect Donald Trump's choice of fund manager Scott Bessent was welcomed by the bond market as an old Wall Street hand and a fiscal conservative. However, Bessent has also been openly in favour of a strong dollar and has supported tariffs, suggesting any pullback in the currency might be fleeting. The index was last down 0.5% at 106.950, having hit a two-year peak of 108.090 on Friday. The dollar dipped 0.4% on the Japanese yen to 154.11, and further away from its recent peak of 156.76.

Persons: Treasuries, Donald Trump's, Scott Bessent, Bessent, Ray Attrill Organizations: U.S, Treasury, NAB

☆ Barbara Taylor Bradford, million-selling novelist known for ‘A Woman of Substance,’ has died at 91
▼ + stars: | 2024-11-25 | by ( Story The Associated Press | ) edition.cnn.com time to read: +5 min

Her books were published in 40 languages and sold more than 90 million copies around the world. Bradford was married for 56 years to German-born film producer Robert Bradford, who died in 2019. By age 16, she left school against her parents’ wishes to become a reporter for the Yorkshire Evening Post. As a young woman, Emma became pregnant by a man who refused to marry her and gave birth to a daughter. Around the same time, she met a fellow journalist at the Yorkshire Evening Post.

Persons: Barbara Taylor Bradford, ”, Bradford, Queen Elizabeth II, ’, Robert Bradford, Emma Harte, Jenny Seagrove, Emma, Deborah Kerr, ” Bradford, “ Emma, Frederick Oliver Robinson, Marquess, Ripon, ” Seagrove, “, Piers Dudgeon’s “, Uma Thurman, Sean Connery, James Bond, Peter O’Toole, Keith Waterhouse, Sam Spiegel, Lawrence, Keith, ‘, you’d Organizations: York AP, Sunday, Bradford, Will, Yorkshire Evening, Woman’s, London Evening News, Studley Royal, IBM, Guardian Locations: British, New York City, Leeds , West Yorkshire, United States, London, Studley, Yorkshire, Manhattan’s

☆ How to invest $500,000 for the year ahead, according to 2 wealth managers
▼ + stars: | 2024-11-25 | by ( Ganesh Rao | ) www.cnbc.com time to read: +4 min

As investors position their portfolios for 2025, wealth managers are advocating for a diversified approach with selective bets on undervalued sectors. CNBC Pro spoke to Ollie Clark, deputy head of research at WH Ireland, and Mark Preskett, senior portfolio manager at Morningstar Wealth, about how investors with roughly $500,000 could look to allocate their portfolio. Clark expects the growth in artificial intelligence to lead to another year of bumper returns. Investors with portfolios already geared toward a traditional 60/40 stock-bond portfolio mix can expect some, if limited, relief in the future, according to Clark. The Morningstar Wealth portfolio manager said investors could gain exposure to such companies through the Franklin FTSE South Korea ETF .

Persons: Ollie Clark, Mark Preskett, Clark, Donald Trump, Morningstar, Preskett, WH Ireland's Clark Organizations: CNBC, WH Ireland, Morningstar Wealth, Clark, Federal Reserve, Trump, South, SK Hynix, Samsung, Franklin FTSE, Metals Mining, HG Locations: U.S, South Korea, Franklin FTSE South Korea

☆ Here's why our lone energy stock is falling despite a surge in natural gas prices
▼ + stars: | 2024-11-25 | by ( Jeff Marks | ) www.cnbc.com time to read: +5 min

Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB. Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street.

Persons: Jim Cramer, Donald Trump's, Scott Bessent, Bessent, it's, Stanley Black, Decker, Stanley, Trump's, We're, Trump, we're, we'll, JM Smucker, Jim Cramer's, Jim Organizations: CNBC, Stanley, EBW, Reuters, Biden, LNG, Coterra Energy, Abercrombie, Fitch, Burlington Stores, Dick's Sporting Goods, Jim Cramer's Charitable Locations: China, Israel, Kohl's

☆ Markets are well setup for a rally through year-end, says Hightower's Stephanie Link
▼ + stars: | 2024-11-25 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMarkets are well setup for a rally through year-end, says Hightower's Stephanie LinkStephanie Link, Hightower Advisors CIO, joins 'Squawk Box' to discuss the Dow's recent performance, what the bond market is telling investors, and much more.

Persons: Stephanie Link Stephanie Link, Hightower

☆ U.S. stock and bond markets love Trump's pick of Bessent for Treasury — here's why
▼ + stars: | 2024-11-25 | by ( Jeff Cox | ) www.cnbc.com time to read: +1 min

Scott Bessent, founder and chief executive officer of Key Square Group LP, during an interview in Washington, D.C., June 7, 2024. The U.S. stock market appeared to cheer President-elect Donald Trump's presumptive nominee for Treasury secretary, who told CNBC earlier in November that he sees an era of strong growth and lower inflation ahead. Stock market futures rose and Treasury yields tumbled early Monday following the announcement late Friday that Trump would pick Scott Bessent, a familiar Wall Street figure, to take on his administration's most important economic role. The move sent a message that Trump wants someone with strong market credentials as well as a similar philosophy for the role. In particular, bond yields have scaled higher, with some interpreting the move as anticipating another leg up for inflation while others see it as traders pricing in stronger growth.

Persons: Scott Bessent, Donald Trump's, Trump, Sarah Bianchi, Evercore, Bianchi Organizations: Key, Washington , D.C, CNBC, Stock, Republicans Locations: Washington ,, U.S

☆ What Trump's pick for Treasury secretary could mean for global markets
▼ + stars: | 2024-11-25 | by ( Sam Meredith | In Samuelmeredith | ) www.cnbc.com time to read: +5 min

Scott Bessent speaks at the National Conservative Conference in Washington D.C., Wednesday, July 10, 2024. Dominic Gwinn | Afp | Getty ImagesFinancial markets on Monday welcomed President-elect Donald Trump's pick for U.S. Treasury secretary, with currencies across the globe rallying on hopes that hedge fund manager Scott Bessent can take some of the sting out of Trump's more extreme economic views. "Trump's pick for Treasury Secretary has swelled investor sentiment further with stocks on Wall Street looking set for another flurry of gains," Susannah Streeter, head of money and markets at Hargreaves Lansdown, said in a research note. While many economists are skeptical about the effectiveness of tariffs, Bessent has defended them as "a useful tool for achieving the president's foreign policy objectives." Some strategists expect Trump's Treasury chief pick to be welcomed as good news for Asian currencies over the coming months.

Persons: Scott Bessent, Dominic Gwinn, Donald Trump's, paring, Trump, Bessent, Susannah Streeter, Hargreaves Lansdown, Scott Bessent's, George Soros, Trump's, Scott Spratt, Donald Trump, Brandon Bell Organizations: National Conservative Conference, Washington D.C, Afp, Getty Images, U.S, Treasury, Treasury Department, Connecticut, Key Square, Trump, Hargreaves, China News Service, US, Rabobank, Trump's Treasury, Societe Generale Corporate, Investment Banking, Asia FX, SpaceX, Via Reuters Locations: Washington, London, Xinfeng County, Ganzhou City, Jiangxi Province, China, U.S, Mexico, Treasuries, Brownsville , Texas

☆ Best Buy rallies ahead earnings, Black Friday — but here's why we're still cautious
▼ + stars: | 2024-11-25 | by ( Paulina Likos | ) www.cnbc.com time to read: +3 min

Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. Best Buy shares rose roughly 4.5% on Monday ahead of the company's fiscal 2025 third-quarter earnings before Tuesday's opening bell. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m.

Persons: Jim Cramer, Stocks, Donald Trump's, Scott Bessent, Bessent, Jim, Bristol Myers, Eli Lilly, RJK, Jim Cramer's Organizations: CNBC, Dow Jones, Nasdaq, Bristol Myers Squibb, FDA, JPMorgan, Club, HHS, Research, Arm Holdings

☆ Rising air travel demand has created an opportunity in this corner of the bond market, says Nuveen
▼ + stars: | 2024-11-25 | by ( Michelle Fox | ) www.cnbc.com time to read: +4 min

If they look beyond their travel plans, they may even spy an investment opportunity, according to Nuveen. The Transportation Security Administration is expecting one of the busiest Thanksgiving travel periods on record for the nation's airports. That is keeping pace with the increase in air travel demand in recent years. "So as travel increases, a lot of what's being financed is these amenities and lounges and better restrooms." What Nuveen looks for There are a number of airport revenue bonds within Nuveen's muni funds.

Persons: Daniel Close, Munis, John F Organizations: Transportation Security, TSA, American Municipal Bond Fund, Airports, AMT, Republican, AAA, LaGuardia, Kennedy, Dallas Fort Worth International Locations: White, Nuveen's, New York, Dallas

☆ Trump ups the ante on tariffs, vowing massive taxes on goods from Mexico, Canada and China on Day 1
▼ + stars: | 2024-11-25 | by ( David Goldman | ) edition.cnn.com time to read: +6 min

CNN —President-elect Donald Trump on Monday promised massive hikes in tariffs on goods coming from Mexico, Canada and China starting on the first day of his administration. What America importsThe United States’ top import from Canada is oil, which reached a record 4.3 million barrels per day in July, according to the US Energy Information Administration. The United States imports a significant amount of electronics from China, in addition to machinery, toys, games, sports equipment, furniture and plastics. The Trump tariffs also hit foreign steel, aluminum, washing machines and solar panels. He did just that when he was last in the White House, placing large tariffs on goods, primarily from China.

Persons: Donald Trump, Trump, ” Trump, “, ”, Liu Pengyu, ” Liu, Dow, Karl Schamotta, United Nations ’, It’s, Scott Bessent, Bessent’s, Trump’s, CNN’s Matt Egan, Jack Forrest Organizations: CNN, United, Embassy, United States, Canadian, Nasdaq, Treasury, America, US Energy Information Administration, United Nations, Commerce Department, Peterson Institute for International Economics, Senate, Commerce, US Trade Representative Locations: Mexico, Canada, China, “, United States, United, America

☆ Deutsche Bank sees the S&P 500 hitting 7,000 in 2025 on the back of rising risk appetite
▼ + stars: | 2024-11-25 | by ( Yun Li | ) www.cnbc.com time to read: +2 min

Binky Chadha, Deutsche Bank chief global strategist, set a year-end 2025 target for the S & P 500 of 7000, which would translate into a 17% gain from current levels. "We see S & P 500 buybacks rising from an annual run rate of $1.1 trillion currently to about $1.3 trillion next year, rising in line with earnings. .SPX YTD mountain S & P 500 The S & P 500 is looking to wrap up a strong 2024 with a bang, thanks to optimism toward President-elect Donald Trump 's market-friendly policies. For 2025, Deutsche Bank sees stronger growth in the U.S. on the back of potential tax cuts and a deregulation push under the incoming Trump administration. Deutsche Bank is not the first Wall Street firm to release a rosy equity outlook after the presidential election.

Persons: Binky, Chadha, Donald Trump, Trump, Goldman Sachs Organizations: Deutsche Bank, Fed, UBS Locations: U.S

☆ Here are Monday's biggest analyst calls: Nvidia, Apple, Tesla, Palantir, Robinhood, MicroStrategy, Target, Amazon & more
▼ + stars: | 2024-11-25 | by ( Michael Bloom | ) www.cnbc.com time to read: +6 min

Here are Monday's biggest calls on Wall Street: Bernstein reiterates MicroStrategy as outperform The firm raised its price target on the stock to $600 per share from $290. " Morgan Stanley upgrades Banco Santander to overweight from equal weight The firm said the bank has a "resilient regional footprint." Morgan Stanley upgrades Robinhood to overweight from equal weight The firm said Robinhood is a Trump election beneficiary. Morgan Stanley upgrades KinderCare to overweight from equal weight Morgan Stanley said shares are compelling at current levels for the daycare company. Morgan Stanley reiterates Apple as overweight Morgan Stanley said it's survey checks "reinforce [the] multi-year iPhone upgrade thesis."

Persons: Bernstein, MicroStrategy, Morgan Stanley, Oppenheimer, Robinhood, Trump, HOOD, it's, Telsey, Apple, Goldman Sachs, Berkley, it's bullish, Tesla, TD Cowen, D.A, Davidson, Rosenblatt, Wedbush, Palantir, PLTR, Wolfe, Jones Lang Lasalle Organizations: Banco Santander, Caixabank, ING, Citi, U.S, Bancorp, UBS, Arm Holdings, BMO, Apple Intelligence, CVS, Bank of America, Shoals Technologies, Procter, Gamble, China, China EV, Nvidia, FedEx Locations: Santander, China

☆ Warren Buffett just shared his most detailed plan yet for his fortune when he dies
▼ + stars: | 2024-11-25 | by ( Bryan Mena | ) edition.cnn.com time to read: +10 min

Courtesy of Susie Buffett Laila Buffett poses with her three children -- from left, Roberta, Warren and Doris. Courtesy of Susie Buffett Buffett teaches a class at the University of Nebraska-Omaha. Courtesy of Susie Buffett Buffett married his first wife, Susan, in 1952. Courtesy of Susie Buffett Buffett poses for a photo in 1980. Daniel Acker/Bloomberg/Getty Images Buffett attends the world premiere of "Becoming Warren Buffett," a documentary about his life, in 2017.

Persons: Washington CNN — Warren Buffett, outlive, ” Buffett, I’ve, ”, Buffett, — Susie, Howard, Peter Buffett, “, “ I’ve, Susan Thompson Buffett, Melinda Gates, Warren Buffett, Nati, Laila, Howard Buffett, Susie Buffett, Ernest, Susie Buffett Laila Buffett, Warren, Doris, Susie Buffett Warren Buffett, Susie Buffett Buffett, Susan, Peter, Lee Balterman, Salomon, Marcy Nighswander, AP Buffett, Buffett's, Mark Peterson, Curt Hudson, Arnold Schwarzenegger, Kathy Willens, Chris Machian, Dave Weaver, Michael Israel, John Sleezer, Bill Gates, Mario Tama, Barack Obama, Obama, doggedly, isn't, Jim Watson, Daniel Acker, Harry Benson, Getty Images Buffett, Astrid, David Cameron, Brendan Hoffman, Kristoffer Tripplaar, Alamy Buffett, Scott Eells, Chris, Franklin, Ndamukong Suh, Charlie Munger, Scott Olson, Huang Jihui, Jason Miller, Adam Jeffery, Hillary Clinton, Kempin, Forbes, Andy Kropa, Scott Morgan, Reuters Buffett, Andrew Harrer Organizations: Washington CNN, Berkshire Hathaway, Susan Thompson Buffett Foundation, Melinda Gates Foundation, Bloomberg, University of Nebraska -, Getty, Federal Reserve, AP, Omaha for Berkshire, California Gov, Wall Street, Schwarzenegger's, Kansas City Royals, Kansas City Star, Girl Scouts, Buffett, Microsoft, Getty Images, White, British, Woodrow Wilson High, Washington, Forbes, Harlem Globetrotters, Cleveland Cavaliers, Moon, NBA, CNBC, Reuters Locations: Omaha , Nebraska, Omaha, University of Nebraska - Omaha, Omaha for, Woodstock, Trenton , New Jersey, New York, AFP, Berkshire, Washington , DC, Illinois, Sun Valley , Idaho

☆ Adani CFO says U.S. charges linked to only one business contract
▼ + stars: | 2024-11-24 | by ( ) www.cnbc.com time to read: +2 min

Chairperson of Indian conglomerate Adani Group, Gautam Adani, speaking at the World Congress of Accountants in Mumbai on November 19, 2022. A U.S. bribery indictment of Indian billionaire Gautam Adani is linked to one contract of Adani Green Energy that makes up some 10% of its business, and no other firms in the conglomerate are accused of wrongdoing, the group's CFO said on Saturday. The allegations in the U.S. indictment relates to "one contract of Adani Green, which is roughly 10% of overall business of Adani Green", Singh said on X. Adani, which has several other global projects, is also charged with misleading U.S. investors about Adani Green's compliance with antibribery principles and laws. The charges also put the spotlight on Sagar Adani, a director at Adani Green and millennial scion of the company who kept track of hundreds of millions of dollars of alleged bribes to Indian officials on his mobile phone.

Persons: Gautam Adani, Adani, Jugeshinder Singh, Singh, Hindenburg, Sagar Organizations: Adani, World, Accountants, Energy, U.S, Indian Energy Locations: Mumbai, U.S, Adani, Kenya, United States

☆ Jussie Smollett conviction overturned: Similarities to Bill Cosby’s case
▼ + stars: | 2024-11-24 | by ( Ashley R. Williams | ) edition.cnn.com time to read: +7 min

CNN —The criminal cases of actors Jussie Smollett and Bill Cosby, both Black, high-profile entertainers found guilty before their convictions were overturned, differ widely in details but share some parallels. Smollett, Cosby convictions both overturned after due process rights violatedNearly three years ago, Smollett was found guilty on five of six felony counts of disorderly conduct. The trial marked the second time charges had been brought against Smollett related to the alleged hoax after previous charges were dropped. A trial court granted the state motion not to prosecute and to release Smollett’s $10,000 bond to the city. Jussie Smollett, with family members, leaves the Leighton Criminal Court Building after his trial on December 7, 2021, in Chicago.

Persons: Jussie Smollett, Bill Cosby, ” Brett M, Rosen, “, ” Rosen, Cosby, Smollett, Abimbola Osundairo, Elizabeth M, Rochford, Andrea Constand, Dad ”, Mark Makela, ‘, Domenic Romano, ” Romano, Rahm Emanuel, Jussie, Kamil Krzaczynski, we’re, it’s, ’ ” Joseph Cammarata, Attorney Bruce Castor, Castor, Constand, Risa, Ferman, Melissa Mahtani, Melissa Macaya, Mike Hayes, Veronica Rocha, Fernando Alfonso III, Chris Boyette, Bill Kirkos, Omar Jimenez, Steve Almasy, Ashley Killough, Andy Rose, Ray Sanchez, Sonia Moghe, Kristina Sgueglia, Afshar, Christina Maxouris Organizations: CNN, Illinois, Fox, Temple University, Pennsylvania, Court, Chicago police, Attorney’s, Smollett, City, Associated Press, Getty, Montgomery, Attorney, Commonwealth Locations: Illinois, New Jersey, Chicago, Pennsylvania, Norristown , Pennsylvania, Cook County , Illinois, Cook, City of Chicago, AFP, Cook County, Washington, DC, Montgomery County

☆ Beyoncé shows Destiny‘s Child bond is strong with appreciation post for Michelle Williams in Broadway’s ‘Death Becomes Her’
▼ + stars: | 2024-11-23 | by ( Dan Heching | ) edition.cnn.com time to read: +1 min

CNN —Beyoncé proved that she and her Destiny’s Child sisters are true survivors with a warm appreciation post shared to her Instagram on Saturday morning. The carousel of content showed Beyoncé and her mother Tina Knowles in attendance at the Lunt-Fontanne Theatre for the show, along with Kelly Rowland, who rounded out the Destiny’s Child trio in its final formulation. Videos and photos showed the three divas smiling in the theater, with Williams in costume. In the new musical, Williams plays Viola Van Horn, based on the mysterious character immortalized in the movie by Isabella Rossellini, who gives the women the potion. “Death Becomes Her” the musical has been earning rave reviews and also stars Tony-nominated Broadway performers Megan Hilty and Jennifer Simard.

Persons: CNN — Beyoncé, Carter, Michelle Williams, Beyoncé, Tina Knowles, Kelly Rowland, Williams, Robert Zemeckis, Meryl Streep, Goldie Hawn, Bruce Willis, Viola Van Horn, Isabella Rossellini, Tony, Megan Hilty, Jennifer Simard Organizations: CNN, Broadway, Fontanne Locations: New York

☆ Former Elphaba and Glinda actresses remember the magic of ‘Wicked’
▼ + stars: | 2024-11-23 | by ( Scottie Andrew | ) edition.cnn.com time to read: +17 min

Eden Espinosa, an original “Wicked” cast member who played Elphaba on Broadway over seven years and inspired some of the score’s famous riffs. Becoming Elphaba and GlindaKristin Chenoweth (left) and Idina Menzel originated the roles of Glinda and Elphaba on Broadway. It was Dearman's second time performing in the show — she played Glinda before returning as Elphaba. Some “Wicked” journeys are more winding: Espinosa played Elphaba on and off for seven years. No matter how long they spent with their characters, the actresses agreed — they’d grown with Elphaba and Glinda.

Persons: ” Cynthia Erivo, Ariana Grande, Glinda, Gregory Maguire’s, Frank Baum’s “, Oz, ”, —, Elphaba, who’ve, Nicky J Sims, Jessica Vosk, Eden Espinosa, McKenzie Kurtz, Louise Dearman, Saycon Sengbloh, Willemijn Verkaik, Teal Wicks, Stephanie J, Idina Menzel, Glinda Kristin Chenoweth, Elphabas, Menzel, Tony, Stephen Schwartz, Winnie Holzman, “, I’ve, Kristin Chenoweth, Bruce Glikas, Saycon, I’d, Gina Beck, Dan Wooller, ” Espinosa, Shoshanna Bean, Everybody’s, Jamie McCarthy, Espinosa, Glindas, you’re, who’s, Kurtz, Sebastian Arcelus, Fiyero, “ Idina, Sebastian, ” Sebastian Arcelus, Nicholas Hunt, Ben Vereen, Sheryl Lee Ralph, Madame Morrible, Lindsay Mendez, Brandi Chavonne Massey, Alyssa Fox, Alexia Khadime, Brittney Johnson, Dearman, Block, Wicked’s, Lawrence, I’ll, that’s, Wicks, Cynthia Erivo, Kevin Mazur, they’re Organizations: CNN, Getty, Broadway, ITV, Social, New York City Hall, Los Angeles Times, Erivo Locations: London, New, Grande

☆ I chose not to have kids. I need to make a bigger effort to stay friends with those who did.
▼ + stars: | 2024-11-23 | by ( April Zimmerman | ) www.businessinsider.com time to read: +4 min

Sometimes, I wonder if I'd fit better in society if I had just chosen to have kids. I didn't always know I didn't want kidsI didn't always know that I didn't want kids. Then, a month before a wedding that never happened, during a final argument with my ex, he blurted out, "You don't even like kids!" Whenever I tell people my partner and I don't want kids, I often hear, "You might change your mind." With my mom friends, I'm grateful for the mutual support and happiness we share, knowing we're each living the life we've chosen.

Persons: Christa, we'd, I'd, it's, meltdowns, —, She's, We're, she's, I'm Locations: Annapolis, London

☆ Diddy's prosecutors compare him to R. Kelly in fighting his latest bail application
▼ + stars: | 2024-11-22 | by ( Laura Italiano | ) www.businessinsider.com time to read: +4 min

Ex-Abercrombie & Fitch CEO Michael Jeffries won bail on sex-trafficking charges, Combs' lawyers noted. On Friday, prosecutors said that Combs' case is more like R. Kelly's than like Jeffries'. Prosecutors compared Sean "Diddy" Combs to sex-trafficking convict R. Kelly during two hours of bail arguments in federal court in Manhattan on Friday. "These cases are much more comparable, your honor," she told US District Court Judge Arun Subramanian. AdvertisementKing Combs, center, son, D'Lila Combs and Jessie Combs, daughters of Sean "Diddy" Combs, leave Manhattan federal court, Friday, Nov. 22 2024, in New York.

Persons: Sean, Diddy, Combs, Michael Jeffries, Jeffries, R, Kelly, King Combs, Janice Combs, Yuki Iwamura Combs, Michael Jeffries —, Keith Raniere, Raniere, Mike Jeffries, Abercrombie &, Rebecca Blackwell, Christy Slavik, Slavik, Arun Subramanian, D'Lila Combs, Jessie Combs, Yuki Iwamura, Marc Agnifilo, I'm, Agnifilo Organizations: Ex, Abercrombie, Fitch, AP, Prosecutors, Abercrombie & Fitch, US, Office Locations: Manhattan, New York, Side, Brooklyn, Chicago

CNN —Nearly six years after actor Jussie Smollett was accused of staging a hate-crime hoax in downtown Chicago and lying to police, an Illinois Supreme Court decision overturned his conviction on Thursday over prosecutorial issues, according to the Associated Press. Brothers Olabinjo Osundairo and Abimbola Osundairo arrive at court for a hearing for actor Jussie Smollett in Chicago on July 14, 2021. Kamil Krzaczynski/ReutersIn a statement thanking fans in 2019, Smollett said he had “been 100% factual and consistent on every level” in response to doubts about his story’s integrity. Smollett told Abimbola Osundairo he was disappointed in the “Empire” team’s reaction to the letter, according to prosecutors. I wouldn’t have had a trial,” Smollett told ET.

Persons: Jussie Smollett, Kim Foxx, –, Nenye, Smollett’s, Joe, ” Uche, “, he’s, ”, CNN’s Laura Coates, Foxx, Dan K, Webb, Smollett, Donald Trump –, Olabinjo, Abimbola Osundairo, Kamil Krzaczynski, Eddie Johnson, ” Johnson, Johnson, Brian CassellaPool, Holliday, ” Smollett, Tonight’s Nischelle Turner, ‘, Chris Boyette, Bill Kirkos, Omar Jimenez, Steve Almasy, Ashley Killough, Christina Maxouris Organizations: CNN, Associated Press, AP, Fox, ”, Chicago, Smollett, Chicago Police Department, Authorities, Reuters, Chicago Police, Chicago police, Police, Chicago Tribune Locations: Chicago, Illinois, Cook, City, MAGA, Cook County

☆ The High Risk, High Reward Trump Market
▼ + stars: | 2024-11-22 | by ( Jeff Sommer | ) www.nytimes.com time to read: +1 min

Markets abhor uncertainty. That bit of Wall Street wisdom helps explain their ebb and flow since Donald J. Trump’s victory on Election Day, and even earlier. Stocks and bond yields began rising early in October, when Wall Street concluded that Mr. Trump would win. Yet for the markets, uncertainty hasn’t vanished. He promises lower corporate taxes and less regulation: Those assurances are being widely interpreted as a recipe for fat company profits and a prosperous stock market.

Persons: Donald J, Trump, It’s Organizations: Wall, Mr, Trump Locations: Washington

☆ Judge considering Sean ‘Diddy’ Combs’ third request for bail
▼ + stars: | 2024-11-22 | by ( Kara Scannell | ) edition.cnn.com time to read: +4 min

It was Combs’ third attempt before a federal judge to seek bail after two other judges found there were no conditions that alleviated concerns Combs was engaging in alleged witness tampering and posed a danger to women. Slavik claimed Combs violated the judge’s order limiting public statements and said Combs admitted it in one message. Earlier this year, CNN acquired and published surveillance footage depicting several different angles of the assault, which were edited together to help more clearly illustrate the incident. Slavik said prosecutors provided Combs’ team with cell phone video of the same assault that is captured on the hotel surveillance video. That was not edited.”Slavik said the government does not have the original surveillance video.

Persons: Sean “ Diddy ” Combs, Arun Subramanian, Combs, Christine Slavik, ” Slavik, Slavik, hasn’t, ” Combs, Marc Agnifilo, Cassie Ventura, Shapiro, ” Shapiro, ”, “ Organizations: NY CNN —, Intercontinental, CNN Locations: York, NY, Slavik, Miami, Manhattan, Los Angeles

☆ 3 moms describe their symptoms of postpartum depression, and pushing through as they went back to work
▼ + stars: | 2024-11-22 | by ( Julia Pugachevsky | ) www.businessinsider.com time to read: +8 min

AdvertisementA new study found that postpartum depression rates doubled over the past decade. A new study from JAMA found that postpartum depression diagnoses have doubled in the last decade. AdvertisementPlowing ahead, potentially ignoring postpartum depression symptoms, can lead to quicker burnout — and leaving a career entirely. AdvertisementPostpartum depression can be hard to identifySymptoms of postpartum depression range from intense mood swings to thoughts of harming your baby. Fornaro's husband worried about her postpartum depression and offered to pay for a nanny, which she initially refused.

Persons: Bri Ramos, Ramos, Ramos Zoloft, Nehaa, Stephanie Fornaro, it's, Justine Sterling Converse, Converse, hadn't, Fornaro, Clayton Shuman Organizations: Business, JAMA, Kaiser Permanente Locations: Kaiser Permanente Southern California, Texas, Greece, Iceland, North Macedonia

☆ The 'Roaring 20s' rally will continue in 2025. UBS shares 8 ways to maximize gains.
▼ + stars: | 2024-11-22 | by ( James Faris | ) www.businessinsider.com time to read: +8 min

While Wall Street is confident that there will be a continued boom under Trump, UBS GWM is less sure. "AI infrastructure spending remains robust, and we expect key semiconductor components needed for AI to remain supply constrained in 2025, supporting pricing," UBS GWM strategists wrote. "We believe investment-grade bonds offer attractive yields and expect mid-single-digit returns in US dollar terms," UBS GWM strategists wrote. "In 2025, we believe gold will remain an effective hedge against key political concerns, including government debt levels, inflation, or geopolitical tensions," UBS GWM strategists wrote. Residential and commercial properties both make sense, though UBS GWM specifically cited property types like logistics, data centers, and multifamily housing.

Persons: Donald Trump, Mark Haefele, UBS GWM, Haefele Organizations: UBS Global Wealth Management, UBS GWM, Trump, UBS, Technology, Utilities Locations: Japan

☆ Bad news if you’re looking to buy a house in the next two years
▼ + stars: | 2024-11-22 | by ( Bryan Mena | ) edition.cnn.com time to read: +6 min

After hitting two-decade highs nearing 8% late last year, mortgage rates have fallen, dipping nearly as low as 6% in September. Mortgage rates are expected to stay stuck above 6% for at least the next two years, according to economists and recent forecasts. Home sales are on track for their worst year since 1995 due to home-price growth and elevated mortgage rates. Mortgage rates are closely tied to the 10-year US Treasury yield. Billionaire investor Paul Tudor Jones last month said a swelling national debt under Trump would be frowned upon by the bond market.

Persons: Freddie Mac, ” Lawrence Yun, “, Wells, Fannie Mae, Donald Trump’s, Trump, ” Bernard Baumohl, Paul Tudor Jones, “ We’re, ”, Nick Dus, “ They’ve, Dus, NAR’s Yun, Yun, ” Yun, Samantha Delouya Organizations: Washington CNN, National Association of Realtors, Federal, Treasury, Economic Outlook, Billionaire, Trump, CNBC, CNN, Fed Locations: Wells Fargo, Evansville , Indiana

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