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The bitcoin rally is generating a false sense of security among investors, according to the strategist behind the so-called granddaddy of gold exchange-traded funds. State Street Global Advisors' George Milling-Stanley warns cryptocurrency plays don't offer the stability of gold. Milling-Stanley's comments came as his firm's SPDR Gold Shares ETF (GLD) celebrated its 20-year anniversary this week. It is the world's largest physically backed gold ETF, and it's up more than 30% in 2024. "But they called it mining because they wanted to seem like gold — maybe take some of the aura away from the gold."
Persons: George Milling, Stanley, cryptocurrency, It's Organizations: Street Global Advisors
The day after President Vladimir V. Putin of Russia raised the stakes in tensions with the West, many Russians awoke on Friday feeling anxious that the prospect of nuclear war had come slightly closer. But in Russia’s tightly controlled news media and pro-government social media channels, there were only fawning reactions to the Russian leader’s new round of saber-rattling and promises that Moscow’s enemies would “tremble in fear.”Mr. Putin announced late Thursday that Russia had launched a new intermediate-range ballistic missile at Ukraine, in response to Kyiv’s first use of U.S. and British missiles against targets inside Russia this week. Russia, he said, also has the right to strike nations “that allow their weapons to be used against our facilities.”In the West, Thursday’s launch of the nuclear-capable Oreshnik missile and Mr. Putin’s remarks were perceived as a threat against Ukraine and its allies, and drew widespread condemnation as an escalation. In Russia, the events were billed as an important sign that the Kremlin would enforce its red lines, with the implication that enforcement could include nuclear weapons.
Persons: Vladimir V, Putin, , Mr, Putin’s Organizations: Ukraine Locations: Russia, Russian, Ukraine, British
She was elected in 2011 to her first political position – Florida attorney general – and was the first woman to hold that office. “Knowing her as a trial attorney and the attorney general,” Colton told CNN, “I feel that she would be very qualified for this job.”Dave Aronberg, a Palm Beach County state attorney who worked for Bondi when she was attorney general in Florida, told CNN that while Bondi will carry out Trump policies loyally, she is likely to treat Justice Department employees fairly. And for Trump’s opponents, Aronberg said not to expect a better pick for attorney general. “Pam Bondi is the best attorney general that Donald Trump is going to nominate,” Aronberg said. Since leaving the Florida attorney general post in 2019, Bondi has worked Ballard Partners, a lobbying firm with deep ties to Trump and his incoming chief of staff Susie Wiles.
Persons: Donald Trump, Pam Bondi, Matt Gaetz, Trump, Bondi, Gaetz, Trump’s, Todd Blanche, , Dwight Gooden, , Nick Cox –, University of South Florida –, ” Cox, , Bruce Colton, ” Colton, ” Dave Aronberg, ” Aronberg, Aronberg, John Durham, “ Pam Bondi, Barack Obama’s, Joan Biskupic, John Roberts, Obama, Rick Scott, Ballard, Susie Wiles, baselessly, Joe Biden, Hunter Organizations: CNN, Trump, US Justice Department, Republicans, Justice Department, DOJ, Department of Justice, New York Mets, University of South, , Bondi, Obamacare, Reuters, Trump University, Ballard Partners, Foreign, Amazon, General Motors, Uber, Republican National Convention, White, Center, Litigation, Trump America, Policy Institute, Trump – Locations: Florida, Bondi, , University of South Florida, Beach County, Russia, Washington, Qatar, Pennsylvania
Microsoft on Friday started letting people test Recall, its so-called photographic memory search feature for the latest Copilot+ PCs. Microsoft first touted Recall in May as a prominent feature that would only be available for cutting-edge Copilot+ PCs running the Windows 11 operating system, like the latest Surface Pro. A backlash from cybersecurity experts about the potential risks of Recall, however, led Microsoft to revamp it. Copilot+ PCs with AMD or Intel chips are out of luck for now. WATCH: Microsoft to release controversial Windows Recall AI search feature to testers in October
Persons: It's, you've Organizations: Microsoft, Pro, Qualcomm, Windows, AMD, Intel Locations: New York
The low-lying clouds over the city lit up for a split second, video footage showed, then streaks of dozens of glowing warheads plummeted out of the sky. The main contours of the attack on Thursday morning soon came to light: President Vladimir V. Putin said Russia had test fired an intermediate-range missile from its arsenal designed to deliver nuclear weapons, though without the nuclear warheads aboard. The Russian strike caused little damage, but it capped a dizzying week of tit-for-tat moves in the war in Ukraine, shifting focus from the ground assaults on the battlefield to a Cold War-style missile brinkmanship. In the previous two days, Ukraine had fired longer-range missiles provided by the U.S. and Britain at military targets inside Russia. Mr. Putin made clear that the Russian missile test was a response to those strikes — a warning to the West to reconsider military aid for Kyiv.
Persons: Vladimir V, Putin Organizations: U.S, Russian, Kyiv Locations: Dnipro, Ukrainian, Russia, Russian, Ukraine, Britain
AdvertisementVolkswagen is committed to China despite a "ruinous" domestic EV price war, its brand chief says. Volkswagen remains firmly committed to China despite a "ruinous" EV price war by domestic rivals that has hit overseas automakers hard, its boss said. VW group sales in China fell by 12% in the first nine months of this year amid the rising popularity of models made by domestic manufacturers. Toyota maintained its top spot in the world for the fourth consecutive year in 2023, selling 11.2 million vehicles globally — about 2 million more than the VW group. "We build cars in China for China; the same is happening in Europe and North America.
Persons: Thomas Schäfer, Schäfer, Axel Springer, Mary Barra, Wang He, Donald Trump's, Trump, Elijah Nouvelage Organizations: Volkswagen, VW, Welt, Business, General, Rival German, BMW, Mercedes, Benz, Audi, Porsche, Labor, Toyota Locations: China, Germany, Europe, Spain, Czech Republic, Portugal, Slovakia, USA, Mexico, Canada, Chattanooga , Tennessee, North America
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
Editor’s note: Sign up for Unlocking the World, CNN Travel’s weekly newsletter. Villages and visasThe Italian village offering $1 homes to Americans upset by the US election result was one of our top stories on CNN Travel this week. Despite all the houses going on offer, working visas to Italy are still very limited. Over in the world of dairy, this year’s World Cheese Awards saw 4,786 cheeses from 47 countries assembled in the Portuguese city of Viseu to face judges’ scrutiny. The US agency might even have to slow air traffic down because of air traffic controller shortages, particularly in the Northeast.
Persons: Zeneba Bowers, Matt Walker, Chelsea Waite, , they’re, CNN Kim Morgan, Tom Latkovic, Lyme, Vang, tarantulas Organizations: CNN, FAA, CNN Travel, Federal Aviation Administration, Northeast . American Airlines, Spirit Airlines Locations: Italy, Sicily, Sardinian, Ollolai, Tennessee, Rome, California, Ham, Parma, Portuguese, Viseu, Kashmir, India, France, United States, Northeast, Europe, Laos, Vang Vieng, Britain
But a new US Army contract for a TNT production facility in Kentucky will change that. The US intends to start making TNT at home again. The US Army plans to build a domestic production facility for the explosive compound, which the Pentagon has long been forced to obtain from overseas. Restarting domestic TNT production is an investment in the country's industrial base, she said. The new TNT production facility is expected to help strengthen the US military's preparation for large-scale conflict.
Persons: It's, John T, Kevin Sterling Payne, Bradley Martin, Oleg Petrasiuk, Cynthia Cook, Cook, Reim Organizations: TNT, US Army, Pentagon, Factory, Army, USA, Defense, Armaments and, US, Russia, 24th Mechanised Brigade, AP, Industrial, Group, Center for Strategic, International Studies, Operation Locations: Kentucky, Russia, China, Ukraine, Army's, Germany, Navy, Kyiv, South Korea, Poland
Enacted by Congress in 2022, "Secure 2.0" ushered in sweeping changes to the U.S. retirement system, including several updates to 401(k) plans. 'Exciting change' for catch-up contributionsFor 2025, employees can defer $23,500 into 401(k) plans, up from $23,000 in 2024. Shorter wait for part-time workersSecure 2.0 has also boosted access to 401(k) and 403(b) plans for certain part-time workers. Starting in 2024, employers were required to extend plan access to part-time employees who worked at least 500 hours annually for three consecutive years. "That's a very good thing for long-term part-time workers" who may have struggled to qualify for 401(k) eligibility, said Stinnett.
Persons: Tang Ming Tung, Dave Stinnett, Jamie Bosse, Dave Stinnett Vanguard's, Alicia Munnell Organizations: Getty, CNBC, Workers, CGN Advisors, America, U.S . Bureau of Labor Statistics, Center for Retirement Research, Boston College Locations: Manhattan , Kansas, That's
AdvertisementBluesky's user base surged to 21 million, prompting the company to race to get more servers. Its growth follows users leaving X, with over 280,000 closing their accounts on Election Day. Bluesky has "blown past" its user growth projections so much that it's racing to get more servers to keep the site running smoothly, the social media platform's chief operating officer has said. AdvertisementThe social media network has surpassed 21 million users, up from 13 million in October, as X users have left in droves and flocked to the platform. The US election appears to have triggered a migration of X users to Bluesky, which has been praised because of its similarity to the "old Twitter."
Persons: Rose Wang, Bluesky, Wang, Gordon MacMillan, X's, Elon Musk, Donald Trump, Jack Dorsey, Jay Gruber, Dorsey, Musk, Elon Organizations: Twitter, Wired
AdvertisementArkansas resident GT Hill purchased a missile silo, decommissioned in the 1980s, for $90,000 in 2010. He bought a $90,000 decommissioned missile silo and turned it into an Airbnb. If it's a Walking-Dead-style apocalypse, you don't want to be in a missile silo because then you're trapped inside. Lastly, I was interested in owning a missile silo because it's just kick ass. Courtesy of GT HillI found my missile silo, called Titan II, online.
Persons: Hill, I'm, It's, we're, We've, We'd, we've, Kara, Nate, Lynne Peeples, everybody's, it's Organizations: GT Hill, GT, Air Force, US, Titan Locations: Arkansas, Vilonia , Arkansas, Oregon, Searcy , Arkansas, Russia
In 2022, 69.3% of Americans reported some alcohol consumption in the previous year, a slight increase from 69% in 2020 and 66.34% in 2018. Though the researchers couldn’t answer exactly why alcohol consumption was so high among the US adults surveyed, Lee has a few hypotheses. The height of the pandemic also saw an average of about 488 deaths per day due to excessive alcohol consumption; there was an increase of more than 29% from 2016-17 to 2020-21. “We’ve shown in studies that liver transplants for alcohol have increased fivefold in the last 20 years. We’ve also shown that alcohol deaths due to liver disease are surging,” he said.
Persons: Brian Lee, ” Lee, hasn’t, Lee, , Jagpreet Chhatwal, , ” Chhatwal, Dr, Sanjay Gupta, “ We’ve, We’ve, Chhatwal Organizations: CNN, University of Southern California’s Keck School of Medicine, Internal, National Health, US Census Bureau, , Institute for Technology, Massachusetts General Hospital, National Institute, Alcohol, US Centers for Disease Control, CNN Health Locations: Massachusetts
The shop, which he ended up renaming Jersey Mike's Subs, has since made him a billionaire. The deal reportedly valued Jersey Mike's Subs at around $8 billion including debt, bumping Cancro's net worth to estimated $7.5 billion, according to Bloomberg. The night his mom suggested he buy the business he'd been working at since he was 14, he laughed, Cancro told Forbes in August. He called the restaurant owner the next day and the owner told Cancro he had a week to find $125,000, Cancro told "The Jedburgh Podcast" in 2021. Cancro became the sole owner of Mike's Subs before even graduating from high school.
Persons: Peter Cancro, he'd, Cancro, Forbes Organizations: Subs, Jersey Mike's Subs, Blackstone, Bloomberg, University of North, Forbes Locations: Pleasant , New Jersey, Jersey, University of North Carolina
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CNN —Harry Kane became the fastest player to score 50 Bundesliga goals as Bayern Munich beat Augsburg 3-0 on Friday. The 31-year-old striker netted all three of Bayern’s goals as the club continued its impressive start to the Bundesliga season. Kane has now scored 50 goals in 43 games in the German top division, beating Erling Haaland’s record of 50 goals in 50 games when he was starring for Borussia Dortmund. Kane scored twice from the penalty spot before completing his hat-trick with an innovative finish. With time running out, Bayern Munich midfielder Leon Goretzka delivered a perfectly weighted cross which found Kane in the Augsburg box.
Persons: Harry Kane, Kane, Erling Haaland’s, , ” Kane, Leonhard Simon, Leon Goretzka, , Vincent Kompany Organizations: CNN, Bayern Munich, Augsburg, Bundesliga, Borussia Dortmund, Reuters, ” Bayern Munich, , Bayern, RB Leipzig, French, PSG, Champions League Locations: England, Augsburg
CNN —The discovery of a severed horse head, and a cow quartered with its bloodied dead calf on top, have rattled a Sicilian town, with authorities treating the incident as a mafia threat. “I can’t comprehend such barbarity,” she told local media outlets. It is a tactic that has been used by the notorious Sicilian Cosa Nostra crime syndicate for decades. Organized crime in Sicily has been a problem since the 19th century when the Cosa Nostra was first identified. In 2023, Matteo Messina Denaro, a Sicilan Cosa Nostra mafia boss who had been on the run for 30 years was captured while seeking cancer treatment in Palermo, underscoring the level of complicity that continues to protect and enable criminal enterprises.
Persons: Mafia Directorate’s, Maurizio de Lucia, , , Angela De Lucia, Paolo Borsellino, Giovanni Falcone, Tony Gentile, Ndrangheta, Matteo Messina Denaro Organizations: CNN, Mafia, Nostra, Cosa Nostra, Reuters Locations: Altofonte, Palermo, Sicily, Sicilian, Cosa
Trump vs. the FBI, explained
  + stars: | 2024-11-23 | by ( Zachary B. Wolf | ) edition.cnn.com   time to read: +8 min
But there’s a growing expectation that he will quickly make at least one new vacancy by firing FBI Director Christopher Wray. “There certainly was the question, can any president fire an FBI director when there’s a legislated 10-year term,” Charles said. Robert S. Mueller III, who happened to be the former FBI director. In this 2017 photo, then-President Donald Trump sits with FBI Director Christopher Wray in Quantico, Virginia. Trump wants to go in the opposite direction today and bring the FBI more under the control of the president.
Persons: Donald Trump, Christopher Wray, Trump, Wray, J, Edgar Hoover’s, he’d, James Comey, Comey, Barack Obama, Bill Clinton, William Sessions, Jimmy Carter, Clarence Kelley, Carter, Kelley, Douglas Charles, there’s, ” Charles, Hillary Clinton, Clinton, Andrew Harnik, cascaded, Rod Rosenstein, Rosenstein, Jeff Sessions, Robert S, Mueller III, Mueller, Obama, Trump’s, Paul Manafort, Michael Cohen, Bill Barr, didn’t, Steele, Robert Mueller, Chip Somodevilla, Peter Strzok, Lisa Page, Strzok, Andrew McCabe, McCabe, Wray Wray, John Durham –, Barr, Sessions, Evan Vucci, Douglas Organizations: CNN —, Republican, FBI, Trump, Democratic, GOP, Penn State University, Department, Trump’s Justice Department, NBC News, Senate Intelligence, Justice, Trump’s, Justice Department, Images Trump, CNN, Department of Justice, Teapot Locations: Russia, Washington ,, Washington, New York, Quantico , Virginia
The bugler’s call to assemble had sounded, wreaths had been laid, a choral society had sung and dignitaries had spoken, all on a blood-consecrated hill in the Pennsylvania town of Gettysburg. All to commemorate the 161st anniversary of the speech that came to epitomize what it meant to be presidential. On Nov. 19, 1863, on this very hill, President Abraham Lincoln unfolded his six-foot-four frame to stand and dedicate a national soldiers’ cemetery made necessary by the horrific Battle of Gettysburg just four months earlier. His 272 words became a civic prayer of unity and purpose for a nation riven by civil war: the Gettysburg Address. He, too, is bearded, but he grew up in the borough of Queens, not the woods of Kentucky, and he stands five-foot-nine, maybe.
Persons: Abraham Lincoln, Harold Holzer Organizations: Gettysburg Locations: Pennsylvania, Gettysburg, Queens, Kentucky
The sweeping tariffs that President-elect Donald J. Trump imposed in his first term on foreign metals, machinery, clothing and other products were intended to have maximum impact around the world. They sought to shutter foreign factories, rework international supply chains and force companies to make big investments in the United States. But for many businesses, the most important consequences of the tariffs, enacted in 2018 and 2019, unfolded just a few blocks from the White House. In the face of pushback from companies reliant on foreign products, the Trump administration set up a process that allowed them to apply for special exemptions. The stakes were high: An exemption could relieve a company of tariffs as high as 25 percent, potentially giving it a big advantage over competitors.
Persons: Donald J, Trump Organizations: United States Trade Representative, Commerce Department Locations: United States, China
AdvertisementI returned to my sales job after my mother died, and I was still grieving. I was worried my performance would suffer and I wouldn't be able to meet my quotas. However, my coworkers were open about grief and shared their own stories with me. I worried the grief would affect my outputI was terrified this mental out-of-office would take over my ability to perform, ultimately jeopardizing my paycheck. Having co-workers who are open to helping you experience grief rather than hiding it makes not only a more productive employee but also a stronger team.
Persons: Lou Gehrig's, Eager, homecomings, Liza Shaub Organizations: Linkedin Locations: Seattle, Virginia Beach, Baltimore
AdvertisementVictoria Goyet, now 76, saw a post about an adult women's camp in France on Instagram. In August 2024, at 75, I attended a six-day summer camp for women in South West France. Related Video INSIDE QUANTICO — how Marine Corps officers survive the 7-month Basic SchoolTravel was a key aspect of my life long before I attended Camp Chateau. AdvertisementI ran across Camp Chateau on Instagram and was interestedIn the fall of 2023, I came across a women's camp in France called Camp Chateau that looked interesting, and decided to go. AdvertisementI had a life-changing realization while journalingOn the last day of camp, I attended a meditative journaling class.
Persons: Victoria Goyet, journaling, you've, Camp, I'm Organizations: Victoria, QUANTICO, Marine Corps, Chateau Locations: France, Instagram, South West France, I'm, Witchita , Kansas, England, Italy, Camp Chateau
AdvertisementDr. Casey Means and her brother Calley are helping shape RFK Jr's new approach to America's health. In a best-selling book "Good Energy," she makes a case that modern diseases are rooted in metabolic health. Robert F. Kennedy Jr. is a fan of Casey Means' work and views in the wellness space. Her mantra is that a healthy metabolism can reverse many health conditionsMeans' book promotes the pursuit of Good Energy, which she defined as great metabolic health. AdvertisementShe espouses popular advice around diet, exercise, and sleepThroughout the book, Means promotes widely agreed-upon health advice.
Persons: Casey Means, Calley, Dr, Marc Andreessen, Means, John McCain's, Donald Trump, Robert F, Kennedy Jr, Kennedy, MAHA —, Rebecca Noble, Tucker Carlson, Joe Rogan's, I've, Brad Stulberg, Christy Harrison, they've, Calley Means, Matt Harbicht, Andrew Huberman, Peter Attia, Harrison, Meredith Schneider Organizations: RFK, Stanford, Department of Health, Human Services, Wall Street Journal, Good Energy, University of Michigan, pharma, Tandem Diabetes Locations: Spain
For months, European business leaders have watched as Donald J. Trump paved a path back to the White House by doubling down on an “America First” economic policy, putting protectionism and business-friendly tax and regulatory pledges high on the agenda. With the U.S. presidential inauguration less than two months away, they are now furiously lobbying policymakers in Brussels with an appeal of their own: Put Europe First. Nothing has galvanized the European business community quite as urgently as the prospect of a second Trump presidency, this time with Mr. Trump wielding bolder promises to disrupt the global economic order in ways that threaten to leave Europe lagging even further behind. At a business conference in Paris this week, hundreds of corporate chiefs and lobby groups from France, Germany and Italy gathered to discuss just that. They described Mr. Trump’s election as a “wake-up call” for Europe to get its house in order — or face a painful economic fallout.
Persons: Donald J, Trump Organizations: U.S, Trump Locations: Brussels, Europe, Paris, France, Germany, Italy
That is a big blow to the idea of “Bidenomics,” of which Mr. Bernstein was a leading evangelist and architect. The U.S. economy recovered from the pandemic with greater strength than any of its peers. Unemployment stayed below 4 percent for the longest stretch since the 1960s, and remains low. Several prominent economists, peers of Mr. Bernstein’s, argue that the administration’s robust fiscal response caused the inflation. And other issues of affordability — especially housing — have sapped the optimism of many households in the last couple of years.
Persons: Jared Bernstein, Donald J, Trump’s, , Bernstein, Biden’s, Bernstein’s Organizations: White House Council, Economic Advisers Locations: U.S
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