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☆ Why Republicans think their Senate majority could last the decade: From the Politics Desk
▼ + stars: | 2024-11-22 | by ( The Politics Desk | ) www.nbcnews.com time to read: +9 min

Plus, politics reporters Allan Smith and Vaughn Hillyard examine how Donald Trump's transition team is turning to the much-maligned Project 2025 to fill jobs in the administration. I think it bodes well for us to keep the majority through the rest of the decade,” Daines, of Montana, told NBC News. “They made themselves nuclear,” Howard Lutnick, the co-chair of Trump’s transition and his nominee to serve as commerce secretary, told CNBC in September. But with the campaign over, Trump’s transition team is turning to Project 2025 to help staff the next administration. Both Homan and Ratcliffe were listed as contributors to Project 2025, while Carr wrote a chapter on the FCC.

Persons: Sahil Kapur, Allan Smith, Vaughn Hillyard, Donald Trump's, Steve Daines, “ We’re, ” Daines, Donald Trump, Kamala Harris, Republican Sen, Susan Collins, Democrats haven’t, GOP Sen, Thom Tillis, Trump, Sen, Gary Peters, Jon Ossoff, Ted Budd, Ron Johnson, —, Vaughn Hillyard Donald Trump, “, ” Howard Lutnick, Tom Homan, Brendan Carr, John Ratcliffe, Both Homan, Ratcliffe, Carr, Read, jud, tim, ️, Rea Organizations: NBC, White House, Capitol, Democrats, GOP, National Republican, NBC News, Republicans, Democratic, Republican, CNBC, Trump, Federal Communications Commission, FCC Locations: Montana, West Virginia , Montana and Ohio, Pennsylvania, Florida, Texas, Arizona , Michigan, Nevada, Wisconsin, Maine, North Carolina, Alaska , Iowa , Kentucky , Texas, Michigan, Georgia, Arizona , Georgia

It took Rep. John Curtis, R-Utah, just a few weeks to make his mark on the Senate — even before he'd actually take the oath of office to replace retiring Sen. Mitt Romney next year. But I’m not going to give him an unconditional yes to anything that he wants.”“He is not Mitt Romney and he is not Donald Trump. Former Utah Republican Gov. After deciding to run for Senate after Romney’s retirement announcement, Trump weighed in and endorsed Riverton Mayor Trent Staggs. But his colleagues and Trump allies felt that they understood his perspective, with Curtis’ likely disapproval of Gaetz leading to his quick withdrawal.

Persons: John Curtis, he'd, Sen, Mitt Romney, Donald Trump, Curtis, Matt Gaetz’s, Trump, I’m, He’s, ”, Carlos Curbelo, Romney, ” Curbelo, Jason Chaffetz, Hillary Clinton, Gary Herbert, Herbert, ” Herbert, he’s, Curbelo, Curtis ’, “, John, ‘, ’ ” Curbelo, it’s, didn’t, censuring Trump, It’s, Riverton Mayor Trent Staggs, he’d, you’re, That’s, Gaetz, Curtis didn’t, general’s, ” “ He’s, what’s Organizations: Rep, Justice Department, Republican Party that’s, Trump, GOP, NBC, Republican, “, Brigham Young University, Democratic Party, Congress, Former Utah Republican Gov, NBC News, Commission, Senate, Republicans, GOP House, Capitol, Riverton Mayor, Republican Senate, Ford Locations: Utah, Florida, Salt Lake City, Taiwan, Provo, Washington, Texas, “

☆ Vaccines don't cause autism. What does?
▼ + stars: | 2024-11-22 | by ( Liz Szabo | Liz Szabo Is An Independent Health | Science Journalist. Her Work Has Won Multiple National Awards. One Of Her Investigations Led To A New State Law In Virginia. | ) www.nbcnews.com time to read: +9 min

“It’s many, many things under one umbrella.”Although people diagnosed with autism often have similar strengths and challenges, “there are many paths to autism and many presentations of autism,” Miller said. Scientists have identified more than 100 genes related to autism, Miller said, and genes are believed to play a role in 60% to 80% of cases. “We’re making leaps and bounds about known genetic causes of autism.”Yet genes clearly don’t explain every case of autism. But only a fraction of children with the genetic mutation actually develop autism, Miller said. He notes that only 8.4% of the $419 million spent on autism research in the United States is devoted to support and services for people with autism.

Persons: Robert F, Kennedy Jr, ’, Donald Trump, —, United Kingdom —, immunizations, Kennedy, ”, Ari Ne’eman, “, ” Timothy Caulfield, Judith Miller, it’s, Manish Arora, ” Arora, ” Miller, Arora, Catherine Lord, UCLA David, Miller, Gregory Cejas, ” Lord, It’s, he’s Organizations: Department of Health, Human Services, World Health Organization, Network, Harvard, of Public Health, University of Alberta’s Health Law Institute, Center for Autism Research, Children’s Hospital of Philadelphia, Icahn School of Medicine, Autism, UCLA, UCLA David Geffen School of Medicine, Autism Clinical, Washington University School of Medicine Locations: British, United Kingdom, Chan, Canada, “, Mount Sinai, New York, United States

Generic drugs are the backbone of medicines prescribed in the U.S.: They account for about 90% of all prescriptions filled, according to the Association for Accessible Medicines, a trade group that represents generic drugmakers. Karoline Leavitt, a spokesperson on Trump’s transition team, declined to say whether Trump planned to grant an exemption on generic drugs. According to the American Society of Health-System Pharmacists, a group that tracks drug shortages, there are 277 active drug shortages in the U.S., half of which have persisted for two or more years. That’s different from generic drugs, which are cheaper and are often sold at close to the cost for which they were made, he said. What concerns Kesselheim the most is that tariffs could cause generic drug prices to skyrocket should more generic drug manufacturers drop out.

Persons: Donald Trump, Trump, Aaron Kesselheim, Janet Woodcock, ” Woodcock, Arthur Caplan, you’ve, ”, drugmakers, Woodcock, Karoline Leavitt, Leavitt, ” Kesselheim, Hurricane Helene, “ Organizations: Harvard Medical School, Association for Accessible Medicines, Food and Drug Administration, NYU Langone Medical, American Society of Health, System, Baxter International Locations: China, U.S, India, New York City, Hurricane, North Carolina, Indonesia, United States

Donald Trump names a new pick for attorney general after Matt Gaetz withdrew from consideration. And President-elect Donald Trump has a new pick for who he wants to be the next attorney general. Russia’s use of such a missile, which can strike far beyond Ukraine and can carry a nuclear warhead, is a warning to Ukraine, Washington and other NATO states, analysts said. Staff Pick: Denzel Washington brings his charm to ‘Gladiator II’Denzel Washington as Macrinus in a scene from "Gladiator II." The best Advent calendars on Amazon include options with chocolate, beauty and skin care products, Legos, dog treats and more.

Persons: Donald Trump, Matt Gaetz, Putin, Trump, Pam Bondi, Gaetz, Bondi, Ballard, “, Vance, Republicans ”, ”, Read, Vladimir Putin, Yesterday’s, Jussie, Jair Bolsonaro, Bolsonaro, Max Verstappen, Denzel Washington, Aidan Monaghan, Paramount Pictures Denzel Washington, ” Washington, smirk ”, Washington, Ronda Racha Penrice, — Michelle Garcia Organizations: Ballard Partners, Justice Department, FBI, Drug Enforcement Administration, Prisons, Trump, Republicans, Department, Gaetz, DOJ, West, Defense, NATO, Justice, Chicago police, Former, Paramount Pictures, Ronda Racha, NBC Locations: Ukraine, Bondi, West Russian, Russia, Washington, Illinois, Chicago, Wisconsin, Uzbekistan, Las Vegas, Ronda

According to NBC News exit polls of Nevada, Trump lost Latinos by 26 percentage points in 2020, but he won them by 2 points this year. Among Nevada voters without college degrees, Trump extended his lead from 2 points in 2020 to 10 points this year. “Working-class voters don’t pay attention to politics. Even as Trump carried Nevada Latinos by 2 points, they voted for Rosen by 7 points, according to NBC News exit polls. “But overall, the Democratic Party missed the mark, and they’re going to have to re-evaluate that commitment to working-class voters.”

Persons: Kamala Harris, Donald Trump’s, “, ”, Susie Lee, Lee, “ it’s, Sen, Jacky Rosen, Harris, Rosen, Sam Brown, Brown, Trump, he’s, Ted Pappageorge, Pappageorge, They’re, We’ve, Jeremy Hughes, Hughes, Joe Lombardo, “ Brown, Catherine Cortez Masto, headwinds, we’ve, “ You’ve, Jacky, That’s, ” Cortez Masto, ” Rosen, Biden, ” Josh Marcus, Blank, Cortez Masto, “ Joe Biden Organizations: VEGAS, Trump, ”, Democrats, Nevada, Republican, Culinary Union, NBC, CNN, Fox, GOP, GOP Gov, Democratic, Veterans Affairs, Biden, Democratic Party Locations: Nevada, Las Vegas, Nevada’s “, Sin City, Sen, Reno

“They made themselves nuclear,” Howard Lutnick, the co-chair of Trump’s transition and his nominee to serve as Commerce Secretary, told CNBC in September. But with the campaign over, Trump’s transition team is turning to Project 2025 to help staff the next administration. Both Homan and Ratcliffe were listed as contributors to Project 2025, while Carr authored a chapter on the FCC. Brendan Carr, a contributor to Project 2025, is Trump's pick to lead the Federal Communications Commission. For instance, the Project 2025 policy blueprint and Trump’s “Agenda 47” featured similar ideas on mass deportations and slashing the federal bureaucracy.

Persons: Donald Trump, Trump, “, ” Howard Lutnick, Tom Homan, Brendan Carr, John Ratcliffe, Both Homan, Ratcliffe, Carr, Celal, Russ Vought, Roger Severino, Paul Dans, MAGA, lambasting, Lutnick, ”, it’s, ” Lutnick, Semafor, ’ it’s, That’s, Trump’s, Joe Biden’s, Kamala Harris ’, Sen, Mallory McMorrow, ” McMorrow Organizations: Commerce, CNBC, NBC News, Democrats, Trump, Federal Communications Commission, Getty, of Management, Republican National, Politico, Department of Health, Human Services, New York, Republican, NBC, Democratic, Oceanic, Atmospheric Administration, Democratic National Convention Locations: Anadolu, Grand Rapids, Michigan

Senate Republicans offered mixed responses Thursday to President-elect Donald Trump's announcement that he will nominate Pete Hegseth, a Fox News personality accused of sexual assault, to lead the Defense Department following the release of a police report concerning sexual assault allegations against him. Some senators defended Trump's pick, while others voiced some trepidation, and a senator told NBC News "I don't care" when approached about a police report released Wednesday tied to an allegation of sexual assault against Hegseth in 2017. Sen. Markwayne Mullin, R-Okla., also defended Trump's pick, saying he had reviewed the report and would push for Hegseth's confirmation. Two other picks to serve in top jobs in Trump's Cabinet have also faced potentially damaging allegations of sexual misconduct. After Gaetz withdrew his name, Sen. Chris Coons, D-Del., told NBC News that there were “similar, challenging allegations” with Hegseth.

Persons: Donald Trump's, Pete Hegseth, Sen, Kevin Cramer, Cramer, I’m, Hegseth, Karoline Leavitt, Markwayne Mullin, Trump's, Mullin, “, Trump, ” Mullin, Bill Hagerty, Lindsey Graham, Joe Biden, Biden, That’s, Graham, Robert F, Kennedy Jr, Kennedy, Matt Gaetz, Gaetz, Chris Coons, ” Coons, Josh Hawley, “ Let’s, ” Hawley, let’s, they’ve, ” Organizations: Fox News, Defense Department, Trump's, NBC, Hegseth, Cabinet, Armed Services Committee, Trump, Pentagon, Republican, White, NBC News, Human Services Department Locations: America, California, Washington, Florida

☆ Trump suffers first defeat but as always doubles down for the next fight
▼ + stars: | 2024-11-22 | by ( Stephen Collinson | ) edition.cnn.com time to read: +11 min

CNN —For Donald Trump, every defeat is just the catalyst for his next battle. The Gaetz disaster suggests that despite his big election win, some laws of political gravity still apply to Trump. This may explain why two-and-a-half weeks into his transition, several of Trump’s Cabinet picks are embroiled in allegations of sexual misconduct, ethics or legal controversy. Like Gaetz, Hegseth was not prosecuted over the allegation and denies he did anything wrong. Plenty of presidents get a Cabinet pick knocked back and do just fine.

Persons: Donald Trump, –, Matt Gaetz, – Trump, Trump, Pam Bondi, MAGA, Gaetz –, elect’s, Manu Raju, Pete Hegseth, Hegseth, Linda McMahon, McMahon, Robert F, Kennedy Jr, groped, Eliza Cooney, “, Kennedy, he’d, ”, Cooney, “ I’m, he’s, Jean Carroll, didn’t, CNN’s Kristen Holmes, Gaetz, CNN’s Paula Reid, Sarah Ferris, Vance, Tulsi Gabbard, —, Maine Sen, Susan Collins, North Carolina Sen, Thom Tillis, JD Vance, ’, Bondi, she’s Organizations: CNN, Department of Justice, Trump, DOJ, GOP, Cabinet, Former Fox News, Department of Defense, Trump Cabinet, Department of Education, Wrestling Entertainment, WWE, Department of Health, Human Services, USA, Fair, Democratic, Social, Capitol, Senate Republican, Trump University, Republican Locations: Washington, California, Iraq, Afghanistan, Manhattan, Gaetz, Maine, North Carolina, Ohio, Bondi

☆ Cramer names oil and natural gas stocks set to do well under Trump
▼ + stars: | 2024-11-22 | by ( Julie Coleman | ) www.cnbc.com time to read: +2 min

CNBC's Jim Cramer on Friday said companies related to natural gas and oil will thrive under President-elect Donald Trump's administration and a majority Republican Congress. "If you want a sustainable Trump trade, I say bet on the natural gas ecosystem. Enbridge says it transports about 20% of all natural gas consumed in the U.S., and Cramer claimed the Canadian outfit has "strategically located assets." He also named Cheniere and Sempra , saying the former is the "best play" for liquified natural gas exports. "Seasonally, this is a good time for the commodity," he said, pointing out that natural gas itself has climbed since the election.

Persons: CNBC's Jim Cramer, Donald Trump's, Joe Biden's, Cramer, Trump, Chris Wright, Kinder Morgan, Enbridge Organizations: Republican Congress, Trump, Department of Energy, Energy Locations: underperform, U.S

☆ Trump might name Kevin Warsh as Treasury chief then Fed chair later, report says
▼ + stars: | 2024-11-22 | by ( Jeff Cox | ) www.cnbc.com time to read: +1 min

President-elect Donald Trump is considering naming Kevin Warsh as Treasury secretary then ultimately sending him off to serve as Federal Reserve chair, according to a Wall Street Journal report. The speculation comes with Treasury being the last major Cabinet position for which Trump has yet to state his intention. Among the potential scenarios would be one where Bessent would lead the National Economic Council initially then go over to Treasury after Warsh takes over at the Fed. However, Trump is known for the propensity to change his mind, and the report noted that nothing has been finalized. Read the full Wall Street Journal story here.

Persons: Donald Trump, Kevin Warsh, Warsh, Jerome Powell's, Trump, Marc Rowan, Scott Bessent Organizations: Wall, Fed, Treasury, Apollo Global Management, National Economic Council

☆ China is armed and ready for trade war 2.0 with Donald Trump
▼ + stars: | 2024-11-22 | by ( Juliana Liu | ) edition.cnn.com time to read: +8 min

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, “

☆ Trump names former NFL player Scott Turner as his pick for HUD secretary
▼ + stars: | 2024-11-22 | by ( Piper Hudspeth Blackburn | ) edition.cnn.com time to read: +2 min

CNN —President-elect Donald Trump on Friday named former NFL player and White House official Scott Turner to lead the Department of Housing and Urban Development. If confirmed by the Senate, Turner would lead an agency that enforces fair housing laws, administers mortgage insurance to prospective homeowners and gives rental subsidies to lower-income families, among other things. In 2019, Turner traveled with former HUD Secretary Ben Carson touting the program. After leaving the league, Turner mounted an unsuccessful run for California 50th Congressional District in 2006. He was elected to the Texas House in 2012 and finished out his term in 2017 after losing a bid for the state House speakership.

Persons: Donald Trump, Scott Turner, Turner, Ben Carson, “, ” Turner Organizations: CNN, NFL, White, of Housing, Urban, Senate, Center for Education Opportunity, America, Policy Institute, Council, Trump, Economic, Washington Redskins, Washington Commanders, San Diego Chargers, Denver Broncos, California, Congressional District, Texas House Locations: Texas, Washington

☆ Trump picks Project 2025 co-author to lead White House’s budget office
▼ + stars: | 2024-11-22 | by ( Kaitlan Collins | ) edition.cnn.com time to read: +2 min

CNN —President-elect Donald Trump has selected Russell Vought as his pick to lead the Office of Management and Budget, he said in a Truth Social post. Vought was one of the key authors of Project 2025 – the conservative blueprint that Trump tried to distance himself from during the campaign. He was Trump’s former budget director during his first administration when Vought oversaw a widespread deregulation push. During Trump’s first administration, Vought made a name for himself as a policy wonk committed to the MAGA movement. Before serving as Trump’s budget director, Vought was the deputy director and later acting director of OMB.

Persons: Donald Trump, Russell Vought, Trump, ” Trump, MAGA, Vought, Mike Pence Organizations: CNN, Management, Budget, OMB, Center, CRA, Heritage Foundation, Trump –, Mandate, Leadership, Republican National Convention Locations: America

☆ 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

☆ Netflix is producing its first samurai drama next year as it doubles down on non-English shows
▼ + stars: | 2024-11-22 | by ( Erin Liam | ) www.businessinsider.com time to read: +3 min

The popularity of non-English shows has led Netflix to double down on them. In 2025, Netflix plans to release its own original Japanese historical drama. AdvertisementSeries like "Last Samurai Standing" highlight the streaming service's efforts to double down on non-English shows — especially as they gain popularity worldwide. In recent years, Netflix has also produced a stream of non-English shows. These shows are popular among the streaming giant's 282 million subscribers; in their latest engagement report, non-English shows comprised nearly a third of all viewing.

Persons: Junichi Okada, Kaata Sakamoto, Bela Bajaria, Hiroyuki Sanada, Bajaria, That's, — Organizations: Netflix, Nikkei, FX, Disney, Business Locations: Japan, Nikkei Asia, Hulu

☆ Startups that rely on Chinese manufacturers are bracing for Trump's impact
▼ + stars: | 2024-11-22 | by ( Melia Russell | ) www.businessinsider.com time to read: +8 min

AdvertisementTrump's proposed tariffs could raise costs for hardware startups making physical goods. Hardware startups rely on a host of manufacturers that are mostly based in China. When China-based manufacturers ship the final products back, the hardware startups may get hit with levees of up to 60 percent on goods from China, according to Trump's statements during his campaign. AdvertisementThe impact on startups: 'We're done here'In the aftermath of Trump's election win, euphoria is sweeping through the business world. AdvertisementHe said he's worried about the potential for Trump tariffs to spark a recession.

Persons: Donald Trump's, Nikhil Basu Trivedi, Jared Friedman, Combinator, Friedman, Graham Anderson, Marc Andreessen, Elon Musk, Bradley Tusk, Santosh Sankar, Trump's, Tim Cook, Cook, Donald Trump, Ivanka Trump, Steven Mnuchin, Mandel Ngan, Alan Deardorff, Trump, Deardorff, he'll, Lea Suzuki, Spencer Penn, Tesla, Penn, —, Chris Van Dyke's, he's, Van Dyke Organizations: Investors, Elon, Washington Post, Washington, Dynamo Ventures, Apple, Trump, Mac, Getty, Big Tech, University of Michigan, Tesla, San Francisco Locations: China, Asia, When China, Flexport, Austin , Texas, AFP, Fremont , California, Europe

☆ Trump's former chief of staff says Elon Musk will have an easier time getting to Mars than making proposed DOGE cuts
▼ + stars: | 2024-11-22 | by ( Alice Tecotzky | ) www.businessinsider.com time to read: +2 min

AdvertisementMick Mulvaney said he doubts Musk can cut $2 trillion from the federal budget, per NYT. Mulvaney also told clients he doesn't think Musk will be around long enough to his cuts through. Musk and Ramaswamy outlined their cost-cutting plans in a recent opinion piece. Mick Mulvaney, President-elect Donald Trump's second chief of staff, doubts that Elon Musk will achieve his lofty goal of slashing $2 trillion from the federal budget, sources told the New York Times. Musk founded SpaceX with a goal of colonizing the Red Planet and wore an "Occupy Mars" shirt at a Trump rally in October.

Persons: Mick Mulvaney, Mulvaney, Ramaswamy, Donald Trump's, Elon, Musk, Elon Musk, Vivek Ramaswamy, doesn't, David Sacks, Palantir, Joe Lonsdale, he's, Cantor Fitzgerald, Howard Lutnick Organizations: New York Times, Actum, Times, SpaceX, Trump, Department of Government, Management, Street

☆ Morgan Stanley cautions against owning overcrowded stocks for risk of high valuation, volatility
▼ + stars: | 2024-11-22 | by ( Yun Li | ) www.cnbc.com time to read: +1 min

Owning overcrowded stocks could increase volatility and lead to muted portfolio gains, according to Morgan Stanley. "Crowded trades come with the risk of overvaluation and increased volatility as it may be more difficult to attract the marginal investor, while avoiding overcrowded stocks can provide investors with an opportunity to capture unrecognized value when paired with strong fundamentals," Morgan Stanley strategists said in a note to clients. Car rental agency Avis Budget Group was the most crowded stock among hedge funds, with more than half its float owned by professional traders. Aerospace and defense company Loar Holdings and real estate development and management firm Howard Hughes were also on the list of crowded trades. Janus Henderson , The New York Times , Planet Fitness and Wayfair were popular names among hedge funds last quarter.

Persons: Morgan Stanley, Russell, Howard Hughes, Janus Henderson Organizations: Avis Budget Group, Aerospace, Loar Holdings, The New York Times Locations: The

☆ T.J. Maxx is in prime position to benefit from Trump's trade policies
▼ + stars: | 2024-11-22 | by ( Nora Redmond | ) www.businessinsider.com time to read: +2 min

AdvertisementT.J. Maxx is set to benefit from Trump's proposed tariffs on imports. T.J. Maxx could end up benefiting from Trump's suggested tariffs. Related Video Truth Social just brought Trump a $4 billion windfall, but experts aren't soldThis means more opportunities for T.J. Maxx to buy stock as excess inventory kicks around the market. For consumers forced to trade down or priced out of their usual retail spots, T.J. Maxx might present itself as the perfect option. AdvertisementTJX, the parent company of T.J. Maxx, Marshall's, and Home Goods, beat Wall Street's estimates in the third quarter, reporting revenue of $14.1 billion, up 6% from the previous year.

Persons: Maxx, Trump, aren't, Chris Walton, Lorraine Hutchinson, Neil Saunders Organizations: Target, Omni, Bank of America, Home Goods, GlobalData Locations: T.J, China

☆ Can RFK Jr. Limit Ozempic Access as HHS Chief? Here’s What to Know
▼ + stars: | 2024-11-22 | by ( Gina Kolata | More About Gina Kolata | ) www.nytimes.com time to read: +1 min

Mr. Kennedy has not said he will limit access to Ozempic or other drugs. He did not reply to requests for comment about what he may do as secretary of health and human services. Can a health secretary reverse a drug’s approval? The Food and Drug Administration is part of the Health and Human Services Department, but the secretary does not directly approve drugs. Any attempt to withdraw the approval of the obesity drugs would have to be initiated by the F.D.A.

Persons: Robert F, Kennedy Jr, ”, Greg Gutfeld, Donald J, Trump, Kennedy Organizations: Fox News, Novo Nordisk, of Health, Human Services, Drug Administration, Health, Human Services Department

The role requires Senate confirmation unless Mr. Trump is able to make recess appointments. The choice of Mr. Vought would bring in a strongly ideological figure who played a pivotal role in Mr. Trump’s first term, when he also served as budget chief. Among other things, Mr. Vought helped come up with the idea of having Mr. Trump use emergency power to circumvent Congress’s decision about how much to spend on a border wall. Mr. Vought was a leading figure in Project 2025, the effort by conservative organizations to build a governing blueprint for Mr. Trump should he take office once again. Mr. Trump tried to distance himself from the effort during his campaign, but he has put forward people with ties to the project for his administration since the election.

Persons: Donald J, Trump, Russell T, Trump’s Organizations: Management, White House

☆ Dr. Martin Makary Chosen to Head the F.D.A.
▼ + stars: | 2024-11-22 | by ( Christina Jewett | ) www.nytimes.com time to read: +1 min

President-elect Donald J. Trump announced on Friday that he would nominate Dr. Martin A. Makary, a Johns Hopkins University surgeon with a contrarian streak, to be commissioner of the Food and Drug Administration. In a post on social media, Mr. Trump said: “F.D.A. to the gold standard of scientific research and cut the bureaucratic red tape at the agency to make sure Americans get the medical cures and treatments they deserve,” Mr. Trump said in a statement. Mr. Trump announced two other top health picks on Friday evening as well. He chose Dr. Dave Weldon, a physician and former congressman from Florida, to lead the Centers for Disease Control and Prevention.

Persons: Donald J, Trump, Martin, “, Makary, Robert F, Kennedy Jr, ”, Mr, Dave Weldon Organizations: Johns Hopkins University, Food and Drug Administration, for Disease Control Locations: Florida

☆ Donald Trump chooses hedge fund executive Scott Bessent for Treasury secretary
▼ + stars: | 2024-11-22 | by ( Jeff Cox | ) www.cnbc.com time to read: +4 min

President-elect Donald Trump signaled Friday his intention to nominate hedge fund executive Scott Bessent as his Treasury secretary, in a move that puts a seasoned market pro and a close Trump loyalist in a critical economic position. As head of Treasury, Bessent, 62, will be both the U.S. fiscal watchdog as well as a key official to help Trump enact his ambitious economic agenda. Like Trump, Bessent favors gradual tariffs and deregulation to push American business and control inflation. The Treasury secretary is the lynchpin for the White House economic agenda. Others close to the president-elect think Bessent has not been rigorous enough in his support for tariffs, though Warsh also has made public statements against the levies.

Persons: Scott Bessent, Donald Trump, Kevin Warsh, Marc Rowan, Trump, Bessent, George Soros, Soros, Jerome Powell's, Warsh, Janet Yellen, Elon Musk, Cantor Fitzgerald, Howard Lutnick Organizations: Key, Trump, Group, Treasury, Wall, World's, Investors, Yale University, Rockefeller University, Preservation, Wall Street, Federal Reserve, Federal, National Economic Council, White Locations: Washington , DC, U.S, Bessent

☆ 6 tourists who died are believed to have drunk tainted alcohol in Laos
▼ + stars: | 2024-11-22 | by ( Aditi Bharade | Hannah Abraham | ) www.businessinsider.com time to read: +3 min

AdvertisementSix tourists who died in Laos are believed to have consumed tainted drinks. Several tourists who died in Vang Vieng, Laos are believed to have drunk tainted alcohol. The Australian Broadcasting Corporation wrote that local authorities in Laos were investigating the case and trying to ascertain where the tainted alcohol came from. It is unclear how the other four tourists could have come into contact with tainted alcohol. November 22, 2.30 a.m. — This story was updated to include comments from the Australian Department of Foreign Affairs and Trade.

Persons: Brit, Holly Bowles, Anthony Albanese, Bowles, Bianca Jones, Simone White, Toan, Nana backpacker, Médecins, Vang Vieng Organizations: Brit, US State Department, Australian, Denmark's Ministry of Foreign Affairs, CNN, Australian Broadcasting Corporation, Associated Press, BBC, US Centers for Disease Control, British Foreign Office, Danish Ministry of Foreign Affairs, Business, Australian Department of Foreign Affairs, Trade Locations: Laos, Danes, Vang Vieng, Thailand, British, London, Asia, Indonesia, Singapore

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