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☆ Iran's big gamble on ballistic missiles is being tested like never before
▼ + stars: | 2024-11-07 | by ( ) www.businessinsider.com time to read: +6 min

At the same time, it has still prioritized building offensive ballistic missiles to deter and strike its adversaries. Several reports go so far as to report that Iran's entire arsenal of Russian-built S-300 air defense systems was hit. Related storiesThere are reasons to be skeptical about the extent of damage to Iran's air defenses. Israel's attack was retaliation for Iran's enormous October 1 ballistic missile strike. Unlike its foe Israel, which has built one of the world's most advanced air defense systems, Iran has focused on developing strike missiles.

Persons: —, Tehran's, Joe Biden's, Amos Hochstein, hasn't, Arash Azizi, Boston University's Frederick S, James Devine, Israel, Farzin, Nadimi, Azizi, Devine Organizations: Service, Boston University's, Pardee Center, Iran's, Department of Politics, Relations, Mount Allison University, Washington Institute for Near East, AIM, Phoenix, Soviet Union, American Hawk Locations: Iran, Russia, Ukraine, Israel, Tehran, Moscow, Iraq, Soviet, American, China, North Korea

☆ Why the CEO of a big US homebuilder is gambling on green homes
▼ + stars: | 2024-11-07 | by ( Catherine Boudreau | ) www.businessinsider.com time to read: +5 min

Beazer Homes is building "zero energy," climate-friendly homes even though they're more expensive. Challenges include higher costs, market education, and appraisal practices for green homes. The project was developed by Beazer Homes, one of the largest US homebuilders. Now Beazer has to educate customers and the broader real-estate market about the value of green homes. "Zero Energy Ready" homes feature energy-efficient appliances.

Persons: Allan Merrill, —, Beazer, Merrill, It's, Donald Trump, haven't, Catherine Boudreau, they're, Woody Fincham, there's, Andrew Pizor, hasn't, Beazer isn't Organizations: Service, Energy, Beazer Homes, US Department of, Zero, Appraisal, appraisers, National Consumer Law Center, Congress, EV Locations: Baltimore, decarbonize, Parkville , Maryland, Parkville, Charlottesville , Virginia

☆ Southern California wildfires: 27 million people face ‘life-threatening’ fire warning
▼ + stars: | 2024-11-07 | by ( Karina Tsui | ) edition.cnn.com time to read: +7 min

The National Weather Service issued a Red Flag warning until 6 p.m. Thursday – which is used to describe “extreme and life-threatening fire behavior.” The warning is expected to affect 27 million people in Southern California and the greater San Francisco Bay area. More than 14,000 people remain under evacuation orders, according to the Ventura County Sheriff’s Office. Kapoor added that fires are part of the “Los Angeles reality” and all professors could do was follow guidance from emergency officials and reassure students. The Mountain Fire in Ventura County, California, has damaged or destroyed several homes, officials said. More than 11,000 Southern California Edison customers across five counties had power shut off Wednesday morning.

Persons: Dustin Gardner, Trevor Johnson, haven’t, Gavin Newsom, Christina Noren, Paul Boutin, Boutin, ”, Noren, Catherine Opie, Nathan Oliveira, Brent Estabrook —, she’ll, Paul, Qian Weizhong, Komal Kapoor, Kapoor, CNN’s Taylor Romine, Emma Tucker, Robert Shackelford, Chris Boyette, Mary Gilbert Organizations: CNN, National Weather Service, Montecito Fire Department, Ventura County Fire, Emergency Management Agency, California’s Department of Forestry, Fire Protection, Ventura County Sheriff’s, Pepperdine University, Los Angeles Fire Department, Montecito, Cal Fire, Southern California Edison Locations: Southern California, San Francisco Bay, Ventura County, Los Angeles, Ventura, Santa, Camarillo, California, Camarillo Heights, Pismo Beach, Noren . California, Malibu, Angeles, Ventura County , California, Southern

☆ Millennials Are Raising Pets Instead of Kids. Bad News for Dogs, Cats.
▼ + stars: | 2024-11-07 | by ( Aimee Pearcy | ) www.businessinsider.com time to read: +12 min

The generation is leading the way when it comes to pet ownership — almost a third of US pet owners are millennials. Across the board, more pet owners are splurging on their animals. In its annual surveys, the American Pet Products Association has found that pet owners have reported spending more on things like treats, food, toys, and clothing each year. While some millennial dog owners are forgoing having children, others are using dogs as training for parenthood. Dog owners can't be blamed entirely for the changing behavior.

Persons: Yena Kim, Shiba Inu, Kim, Ralph Lauren, Bodhi, Luc, Hayley Kellard, King Charles spaniel, Paddy, Kellard, they'd, we'd, —, Dogue, Michael Wang, Adriene Wong, Wang, Wong's, Wong, Dash, he'd, Lili, Mark Van Wye, they're, Van Wye, Sean Prichard, Eliza O'Callaghan, She's, she's Organizations: Bodhi, American Pet Products Association, San, Poochie, corgi, Association for, Pant, Foods Locations: Brooklyn, China, San Francisco, York City, Pompano Beach , Florida, New York City

☆ Army drill sergeant rates 11 more boot camp scenes in movies and TV
▼ + stars: | 2024-11-07 | by ( Margaret Guzman | David Ibekwe | ) www.businessinsider.com time to read: +1 min

Retired US Army drill sergeant Lamont Christian rates more boot-camp scenes in movies and TV shows. He additionally looks at US Army basic training scenes in "In the Army Now" and "Biloxi Blues," starring Christopher Walken and Matthew Broderick. Christian served in the US Army for 33 years as a combat infantryman with a cumulative experience of 11 years working in various positions within the basic training environment. He retired in 2018 as the command sergeant major of Fort Jackson, the Army's main training center for basic combat training. He is now the director of the Warrior PATHH program at the Big Red Barn Retreat, where he helps veterans experiencing post-traumatic stress.

Persons: Lamont, Jack Webb, Lee Ermey, Bradley Cooper, Clint Eastwood, Christopher Walken, Matthew Broderick, Christian, Major Payne, Damon Wayans Organizations: US Army, US Marine Corps, Navy SEALs, US Army Airborne School, Junior Reserve, Training Corps, LinkedIn Locations: Vietnam, Parris Island, Fort Jackson

☆ How Elon Musk stands to cash in on Trump's presidential victory
▼ + stars: | 2024-11-07 | by ( Lora Kolodny | In Lorakolodny | ) www.cnbc.com time to read: +10 min

Jim Watson | Afp | Getty ImagesAs Donald Trump celebrated his presidential victory early Wednesday morning, Elon Musk was right there with him. Elon," Trump said onstage at his Mar-a-Lago resort, thanking the world's richest person for spending two weeks campaigning in Pennsylvania. Musk's investment in Trump is already paying off, even though Trump doesn't take office until Jan. 20. Musk was introduced by Cantor Fitzgerald CEO Howard Lutnick, who called the Tesla CEO the "greatest capitalist" in U.S. history. Having a role in a bespoke commission could give Musk power over federal agencies' budgets, staffing and the ability to push for the elimination of inconvenient regulations.

Persons: Elon Musk, Donald Trump, Jim Watson, Elon, Trump, Musk's SpaceX, Musk, surrogates, Tony, Cantor Fitzgerald, Howard Lutnick, Lutnick, Biden, Tesla, Sergio Flores, Geoff Orazem, Orazem, Vladimir Putin, Xi Jinping, Bill Nelson, Putin, Tenet, JD Vance Organizations: Republican, Afp, Getty, Trump, U.S, Tesla, SpaceX, Twitter, Department of Government, SEC, Environmental Protection Agency, Federal Aviation Administration, IRS, Microsoft, Meta, U.S . Army, National Security Agency, FedScout, NASA, U.S . Air Force, Space Force, Federal Emergency Management Agency, National Labor Relations Board, Street Journal, NBC News, Tenet Media, Department of Justice, Putin, Kremlin, PAC Locations: Butler , Pennsylvania, Lago, Pennsylvania, China, Hurricane, New, Puerto Rico, Meta, U.S, Taiwan, Russian, Ukraine

☆ The Gen Z Gospel of Wealth: Manifesting on TikTok
▼ + stars: | 2024-11-07 | by ( Amanda Hoover | ) www.businessinsider.com time to read: +8 min

Sarah Perl, who goes by the TikTok handle @hothighpriestess, says she has a successful career and relationship because she manifested both. Many of her recent posts focus on manifesting love, and they're particularly aimed at young women who want romantic relationships with men. She's not just saying that to the universe; she's feeding the TikTok algorithm, which likely sends her content to other young women. "I view manifesting almost like the For You page: Where you put your attention is where your life will end up going." For Gen Z, the divide between the divine and the digital can be razor thin.

Persons: Sarah Perl, She's, journaling, Ariana Grande, Gen, Zers, Z, Gen Zers, Amy Wu, Wu, they're, Sydney Stanback, Stanback, Shanna Watkins, Watkins, affirmations, ChatGPT, Emily McDonald, TikTok, isn't Organizations: Dua, Survey Center, University of Queensland Locations: Los Angeles, Dua Lipa, Dallas, Australia

☆ How Trump's victory could change abortion rights in America
▼ + stars: | 2024-11-07 | by ( Annika Kim Constantino | ) www.cnbc.com time to read: +3 min

Voters in seven out of 10 states approved ballot measures this week to safeguard abortion rights, a hot-button issue that helped drive Americans to the polls. Trump has waffled considerably on his position on abortion, most recently saying he would not support a federal ban and wants to leave the issue up to the states. "The more restrictions we see on abortion over the next four years, the worse health outcomes are going to be. People are suffering and dying unnecessarily," said Katie O'Connor, senior director of federal abortion policy at the National Women's Law Center. At least 70% of Americans oppose a federal ban on abortion or a ban on the procedure at six weeks.

Persons: Donald Trump, Donald Trump's, Trump, Katie O'Connor, Roe, Wade, O'Connor Organizations: Washington , D.C, National Women's Law, PBS, Associated Press, NORC, for Public Affairs Research, Guttmacher Institute Locations: Washington ,, U.S, telehealth

☆ Trump's tariff plan: Why he's pushing for them, and how they might end up raising prices
▼ + stars: | 2024-11-07 | by ( Ryan Ermey | ) www.cnbc.com time to read: +2 min

President Trump has said he plans to install a blanket tariff of 10% to 20% on all imports, with additional tariffs of 60% to 100% on goods brought in from China. In the September Presidential debate, Trump characterized the plan as a way to extract money from rival nations. Economists, however, tend to agree that such a plan would would have the effect of raising prices on everyday goods. How tariffs workSimply put, a tariff is a tax on imports, though not one paid by the exporting country. Trump has floated the idea that a tariff policy could eventually replace U.S. federal income tax altogether, a convention that the nonpartisan Peterson Institute for International Economics called "literally impossible."

Persons: Donald Trump, Trump, Howard Gleckman Organizations: Republican, Palm Beach Convention, U.S ., Urban, Brookings Tax Policy Center, CNBC, Tax Foundation, Peterson Institute for International Locations: Palm Beach, West Palm Beach , Florida, China, U.S

☆ California governor calls special session to protect liberal policies from Trump presidency
▼ + stars: | 2024-11-07 | by ( Associated Press | ) edition.cnn.com time to read: +7 min

Gavin Newsom, a fierce critic of former President Donald Trump, on Thursday called for lawmakers to convene a special session later this year to safeguard the state’s progressive policies on climate change, reproductive rights and immigration ahead of another Trump presidency. The move — a day after the former president resoundingly defeated Vice President Kamala Harris in the presidential race — effectively reignited California’s resistance campaign against conservative policies that state Democratic leaders started during the first Trump administration. California’s move is part of a growing discussion among Democratic state officials across the country seeking to protect policies that face threats under Trump’s leadership. Newsom and Democratic lawmakers said they are acting now to shield the state’s policies that have made it a leader in the nation. “He wants to be seen as a political revivalist, and so that puts him front and center,” McCuan said.

Persons: —, Gavin Newsom, Donald Trump, Trump, resoundingly, Kamala Harris, ” Newsom, “ Trump, California’s, Kathy Hochul, Letitia James, ” Hochul, Hochul, Maura Healey, Andrea Campbell, JB Pritzker, ” Pritzker, Newsom, “, Harris, Pro Tempore Mike McGuire, Rob Bonta, Trump’s, David McCuan, won’t, ” McCuan Organizations: Democratic, Associated Press, Republican, Senate, Gov, Trump, ”, Illinois Gov, White House, Pro Tempore, America, State, White, Sonoma State University Locations: Sacramento, California, New York, State, New, Massachusetts, Chicago, Illinois, ” California, America, Southern California, U.S

☆ Inside the Army's $16 million war games built to battle china
▼ + stars: | 2024-11-07 | by ( Graham Flanagan | ) www.businessinsider.com time to read: +1 min

As tension builds in the Indo-Pacific region, the United States Army trains warfighters to be ready for combat in the event of a military conflict with China. The event, known as JPMRC, or Joint Pacific Multinational Readiness Center, pits the Army's 3rd Infantry Brigade Combat Team, known as the Bronco Brigade or Bluefor, against an opposing force, Opfor, played by another brigade of Army soldiers in a sprawling war-games exercise held across the Hawaiian islands. Flanagan follows Bluefor's Charlie Company as it braces for battle with Opfor on the desolate, lava-rock-laden Pohakuloa Training Area on the island of Hawaii. Charlie Company's ranking noncommissioned officer is 1st Sgt. Stewart Fletcher, an eccentric and seasoned combat veteran who now leads a new generation of soldiers who have yet to experience the reality of war.

Persons: Graham Flanagan, Opfor, Flanagan, Charlie, Charlie Company's, Stewart Fletcher Organizations: United States Army, Army's Jungle, Army's 25th Infantry Division, Royal Thai Army, New Zealand Defence Force, Pacific Multinational Readiness, 3rd Infantry Brigade Combat Team, Bronco Brigade, Charlie Company Locations: China, Oahu, Hawaii

☆ How JLL improved marketing performance and lowered costs, according to CMO Siddharth Taparia
▼ + stars: | 2024-11-07 | by ( Julia Hood | Will Wei | ) www.businessinsider.com time to read: +3 min

Siddharth Taparia: I started at JLL in 2021, so that was, I think technically right in the middle of the pandemic. But at the same time, also introducing the company to new clients that might have never had the opportunity to work with us. Over that period, so since 2022, our pipeline contribution from marketing is up 3x. Our revenue contribution — so that's the conversion of that pipeline — is up 4x. And that gives us very credible ways of being able to go back and compare what revenue we were able to get and what the contribution of marketing was in that process.

Persons: Siddharth Taparia, we've, it's, we're Locations: JLL

☆ Best Date Spots in America, From Man Who's Dated in Every State
▼ + stars: | 2024-11-07 | by ( Mykenna Maniece | ) www.businessinsider.com time to read: +3 min

Matt Wurnig is the creator of the online series 50 Dates 50 States. Wurnig, 28, has been on a date in every state at least twice. He told BI his favorite date spots around the country include hot air ballooning in New Mexico. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Wurnig is the creator of the online series 50 Dates 50 States, which, yes, is exactly what it sounds like.

Persons: Matt Wurnig, —, Wurnig, Melissa Hobley Organizations: Service, Pew Research Center, Bismarck Larks, YouTube Locations: New Mexico, Los Angeles , New York, Miami, Dallas, North Dakota, Montana

☆ Get ready for inflation and interest rates to rise again
▼ + stars: | 2024-11-07 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +5 min

The Federal Reserve would likely respond to inflation by raising interest rates to curb demand. In an economic chain reaction, households would then pay higher interest rates on borrowing of all kinds as the Fed moves to tame that newly rekindled inflation. That led to the 30-year fixed mortgage rate rising, meaning homebuyers are on track to see higher interest rates on loans. An analysis by the nonpartisan Tax Policy Center found that Trump's policies would decrease posttax incomes by an average of $1,800 in 2025. Trump's win is also expected to influence the Federal Reserve's upcoming decisions on interest rates.

Persons: Donald Trump, —, Trump, Ramping, Trump's, it's, Jerome Powell, Joseph Stiglitz Organizations: Federal, Service, Biden, US Census Bureau, Trump, Peterson, Center, American Progress, Tax Foundation, Fed Locations: China

☆ Trump announces campaign manager Susie Wiles as White House chief of staff
▼ + stars: | 2024-11-07 | by ( Steve Contorno | ) edition.cnn.com time to read: +4 min

CNN —Donald Trump announced on Thursday that his campaign manager, Susie Wiles, will be named his White House chief of staff. “Susie Wiles just helped me achieve one of the greatest political victories in American history, and was an integral part of both my 2016 and 2020 successful campaigns,” the president-elect said in a statement. It is a well deserved honor to have Susie as the first-ever female Chief of Staff in United States history. “Susie Wiles ran Trump’s best campaign of the three, and it wasn’t particularly close,” Turning Point USA CEO Charlie Kirk wrote on X. The president, and America, would be well served with Susie in that key role.”CNN’s Kaitlan Collins and Kevin Liptak contributed to this report.

Persons: Donald Trump, Susie Wiles, “ Susie Wiles, Susie, ” Trump, Wiles, Trump, Laura Loomer, Brooke Rollins, Rollins, —, Kamala Harris, Pat Summerall, Chris LaCivita, Trump’s, Charlie Kirk, doesn’t, ” CNN’s Kaitlan Collins, Kevin Liptak Organizations: CNN, White, Staff, United, Policy, Pentagon, NFL, Trump, Palm Beach Convention Locations: United States, Trump, Florida, Palm Beach, America

☆ Just 5 minutes of exercise could help lower blood pressure, study suggests
▼ + stars: | 2024-11-07 | by ( Linda Carroll | Linda Carroll Is A Regular Health Contributor To Nbc News. She Is Coauthor Of | The Concussion Crisis | ) www.nbcnews.com time to read: +4 min

Just five minutes of vigorous exercise a day might help lower blood pressure, a new study suggests. People with high blood pressure have a higher risk for heart disease and stroke, the leading causes of death in the U.S. Nearly half of all Americans have high blood pressure, which is defined as a systolic blood pressure (the upper number) of greater than 130 or a diastolic blood pressure (the lower number) greater than 80. The researchers found that replacing any less active behavior with five minutes of exercise could lower systolic blood pressure by 0.68 points and diastolic blood pressure by 0.54 points. An estimated two point improvement in systolic blood pressure was observed when 20 minutes of vigorous exercise replaced, for example, 21 minutes of sedentary time or 26 minutes of slow-walking.

Persons: ” Mark Hamer, Hamer, ”, Arun Manmadhan, Manmadhan, Matthew Tomey, Sean P, Heffron, “, Evan Brittain, Brittain Organizations: University College London, Centers for Disease Control, Columbia University Vagelos College of Physicians and Surgeons, New York University Langone Medical, Vanderbilt University Medical Center Locations: U.S, New York City, Sinai, Nashville

☆ Trump’s victory could disrupt the energy sector. These stocks are likely winners and losers
▼ + stars: | 2024-11-07 | by ( Spencer Kimball | ) www.cnbc.com time to read: +5 min

He has also generally backed nuclear power, though he expressed some skepticism in his October interview with Joe Rogan. The clearest winner: Gas Stocks exposed to natural gas emerge as some of the clearest winners, according to post-election notes by JPMorgan and Jefferies. But the company has significant gas generation assets and would be poised to benefit under the fossil-fuel friendly Trump administration, according to JPMorgan. GE Vernova is one of the clearest winners, according to Jefferies analysts. Cheniere also stands to benefit through potentially easier liquid natural gas production under Trump, Jefferies found.

Persons: Donald Trump, Trump, Joe Rogan, Kevin Kwan, Cheniere, Jefferies, Sunrun, Enphase, SolarEdge, Julien Dumoulin, Smith, Goldman, Biden, it's Organizations: Green New, Gas, JPMorgan, Jefferies, Vistra Corp, Trump, GE Vernova, GE, Senate, GOP, NOVA, NextEra Energy, U.S, Nuclear Locations: U.S, Ukraine

Trump's first 100 days are likely to be a rollercoaster, especially given his affinity for headline-grabbing moves. These structured channels helped ensure open dialogue on issues like tariffs, technology restrictions, and financial stability. A potential role for Elon Musk as a geopolitical go-between China might look to alternative channels to manage relations with Trump's administration. National security and AI, autonomous vehicles National security considerations will also be front and center in Trump's early China policy, especially regarding technology restrictions. Expect tariffs, technology restrictions, and Trump's unique brand of diplomacy to push the relationship to its limits.

Persons: Donald Trump, Xi Jinping, Kevin Lemarque, Donald Trump's, Trump, Mao Ning, Trump's, Biden, Elon Musk, Tesla, he's, Robin Ren, Ying Yong, Wu Qing, hasn't, Steve Wynn, Musk, — Organizations: Reuters, White, U.S ., Foreign, Treasury, Commerce, Tesla Inc, Bloomberg, Getty, European Union, Trump Locations: Osaka, Japan, U.S, China, Beijing, Shanghai, Washington, Taiwan, European, South Korea, Trump's

☆ Lower your blood pressure with 5 more minutes of exercise, study says
▼ + stars: | 2024-11-07 | by ( Madeline Holcombe | ) edition.cnn.com time to read: +5 min

Especially when such a small amount may improve your blood pressure, according to a new study. Researchers analyzed data from nearly 15,000 people who wore activity monitors and had their blood pressure tracked, according to the study published Wednesday in the journal Circulation. As little as five more minutes a day of exercise was associated with lower blood pressure, and just 10 to 20 minutes more as linked to a clinically meaningful change in blood pressure (defined as a reduction of 2mmHg of systolic blood pressure or 1mmHg of diastolic blood pressure), Blodgett said. Even five minutes more of exercise is associated with lower blood pressure, the study said. The answer for better blood pressure may be more than just a walk in the park, however.

Persons: CNN —, ”, Jo Blodgett, Blodgett, Susan Cheng, Busakorn, Cheng, Mark Hamer, “, ” Cheng, ” Blodgett, Shaan Khurshid Organizations: CNN’s, CNN, Institute of Sport, Health, University College London, Heart Institute, Sinai Medical Center, Getty, Massachusetts General Hospital, Harvard Medical School Locations: Los Angeles, Massachusetts

As well as drastically increasing the number of strikes, Russia has begun to fire decoy drones without warheads to overwhelm Ukraine’s air defenses. These cheaper drones confuse Ukraine’s air defenses, which may shoot down decoy drones instead of ones carrying a lethal warhead. Decoy drones now account for as many as half of all Russian drones fired at Ukraine, Ihnat said. In the capital, there has only been one night without a drone attack since September 1. I just hide, wait and hope that I will survive.”A car and house burn after they were damaged from a Russian drone strike in Kyiv on Thursday.

Persons: Volodomyr Zelensky, Yuriy Ihnat, Ihnat, Donald Trump’s, “, Vadym, Valentyn Ogirenko, Serhiy Popko, ” Popko, Zelensky, ”, Kamala Harris, Trump, ” Zelensky, Vladimir Putin Organizations: Ukraine CNN —, CNN, Reuters, Republican, Russia, North Korean, Ukraine Locations: Kyiv, Ukraine, Ukraine CNN — Russia, Moscow, Russia, Iran, Russian, “, United States, Russia’s Kursk, Ukraine’s, Pyongyang

☆ Harris couldn't escape Biden's unpopularity
▼ + stars: | 2024-11-07 | by ( Brent D. Griffiths | ) www.businessinsider.com time to read: +7 min

Kamala Harris' advisors said she struggled to dig herself out of a hole. Related Video Can Kamala Harris win over Democrats after Joe Biden drops out of 2024 presidential election? Throughout the 2024 race, Trump posted some of his highest approval numbers since he launched his first presidential run in 2015. AdvertisementEvan Roth Smith, the lead pollster at BluePrint, said there's no doubt that Biden's unpopularity impacted Harris. The Trump campaign didn't forget."

Persons: Kamala Harris, Joe Biden, Harris, —, Doug Sosnik, Bill Clinton, Biden, Trump, Obama, David Plouffe, Harris's, Kamala, AWwpZQHhVo — Alex Thompson, Evan Roth Smith, Kamala Harris's, Roth Smith, would've, Rishi Sunak, George H.W, Bush, Ryan Ryan Williams, Mitt Romney's Organizations: Service, Democratic, CNN, Biden, British, Conservative Party, Democratic Party, New, Trump, GOP, Voters Locations: United States, South Korea, Germany, Iowa, New Hampshire

☆ CNBC's Inside India newsletter: How will the next Trump administration impact India?
▼ + stars: | 2024-11-07 | by ( Ganesh Rao | ) www.cnbc.com time to read: +6 min

Global trade changed considerably over the past four years — benefiting India — as President Joe Biden retained much of Trump's tariffs on China. EnergyOn the one hand, analysts expect Indian interests to be aligned with those of the United States regarding oil prices . Trump's previous term in office, whether intentionally or coincidently, saw moderate to low oil prices. As India imports over 90% of its oil needs, New Delhi will likely welcome any move by the U.S. to keep oil prices low. A quick resolution of the war in Ukraine — Trump's campaign promise — would also prove to be negative for oil prices.

Persons: Narendra Modi, Donald Trump, Narendra Modi's, Joe Biden, Macquarie, Aditya Suresh, Trump, Uncle Sam, Samiran Chakraborty, Baqar Zaidi, Ukraine —, —, Sanjeev Prasad Organizations: India's, U.S, Manufacturing, Global, Observer Research Foundation, Treasury, Indian, Citi, Companies, Tata Consultancy Services, HCL Tech, Infosys, Energy, Suzlon Locations: Hyderabad, New Delhi, India, China, U.S, Mumbai, United States, Ukraine

☆ Battles from the Mar-a-Lago patio: How Trump’s staffing has already turned into a war
▼ + stars: | 2024-11-07 | by ( Kaitlan Collins | ) edition.cnn.com time to read: +3 min

Those hushed discussions have now morphed into an all-out battle that is playing out directly from the patio of Trump’s Mar-a-Lago Club in Palm Beach, Florida. And one of the biggest battles that emerged – over chief of staff – has since been resolved. Trump on Thursday named his campaign manager Susie Wiles to the role, touting her as the first woman to hold it. But that contest had previously boiled down to two names: Wiles and Brooke Rollins, who served in Trump’s first term and runs the America First Policy Institute. Occasionally over the past few months, Trump floated names as possible administration picks, but he would not engage further.

Persons: Donald Trump, Robert F, Kennedy Jr, Donald Trump Jr, Tulsi Gabbard, Tom Barrack, Howard Lutnick, Linda McMahon, Trump, Elise Stefanik, –, Susie Wiles, Wiles, Brooke Rollins, Rollins, Priebus, it’s, he’s, Steve Contorno, Kaanita Iyer, Kristen Holmes, Jeremy Herb, Kayla Tausche, Evan Perez Organizations: CNN, Trump, Lago, Lutnick, New York Republican, GOP, United Nations, Policy Institute Locations: Trump’s, Palm Beach , Florida, Florida, Trump

☆ FDA proposes ending use of decongestant found in many cold, allergy medicines
▼ + stars: | 2024-11-07 | by ( Annika Kim Constantino | ) www.cnbc.com time to read: +4 min

The Food and Drug Administration on Thursday proposed ending the use of a common ingredient found in many popular over-the-counter cold and allergy medications. The agency said an extensive review of available data determined that the ingredient, oral phenylephrine, doesn't actually relieve nasal congestion. The FDA said the proposed order is not based on safety concerns and not final yet, which means companies can still market over-the-counter drugs containing oral phenylephrine for now. Last year, CVS said it has already moved to pull certain medicines containing oral phenylephrine. The designation, typically used for older medicines, allows drugmakers to include an ingredient in over-the-counter products without the need to file an FDA application.

Persons: doesn't, Patrizia Cavazzoni, Johnson, Kenvue, Phenylephrine, Pseudoephedrine Organizations: Drug Administration, FDA, FDA's Center, Drug, Research, CVS, Procter, Gamble, Bayer, Walgreens, University of Florida, Consumer Healthcare Products Association Locations: Hawthorne , California, U.S

☆ Capital gains tax hikes 'entirely off the table' under President-elect Trump, Republican Congress, economist says
▼ + stars: | 2024-11-07 | by ( Kate Dore | Cfp | ) www.cnbc.com time to read: +2 min

Long-term capital gains rates apply to assets owned for more than one year. Higher capital gains tax rates, however, are "entirely off the table," under a Trump presidency and Republican-controlled Congress, said Erica York, senior economist and research manager with the Tax Foundation's Center for Federal Tax Policy. Even with partial Republican control, "it's most likely that capital gains tax policy just stays put where it is," York explained. For 2024, investors pay long-term capital gains rates of 0%, 15% or 20%, depending on taxable income. Combined with long-term capital gains taxes, higher earners currently pay up to 23.8% on investments.

Persons: Donald Trump, Jim Watson, Donald Trump's, Kamala Harris, Harris, Joe Biden's, Erica York, York, Howard Gleckman Organizations: U.S, Republican, Afp, Getty, Trump, Tax, Center, Federal Tax Policy, Republicans, Representatives, White, Urban, Brookings Tax Locations: Palm Beach

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