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☆ D.C. protested Trump's first term. Now, Washingtonians worry he'll crush them in his second.
▼ + stars: | 2024-11-27 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Alex-Seitz-Wald-Circle-Byline-Template.Jpg | Alex Seitz-Wald | ) www.nbcnews.com time to read: +7 min

But as president, he’ll have direct authority over only one — his once-and-future home of Washington, D.C., where city leaders are bracing for his wrath and hoping for the best. “A second Trump presidency presents risks for D.C., which lacks the protections of statehood and full home rule,” Del. Its limited self-government is derived from Congress and can be rescinded whenever the president and Congress wish. And he could deploy more federal law enforcement officials, as he did during the Black Lives Matter protests of 2020. “The first priority and responsibility of the D.C. Police must be to the residents of the district.”

Persons: Donald Trump, he’ll, Trump’s, Trump, “, ” Del, Eleanor Holmes Norton, Muriel Bowser, Bowser, ”, —, Karoline Leavitt, MAGA, Court’s Roe, Wade, ” Bowser, Bill Clinton, Norton, federalize Organizations: Washington , D.C, Trump, White, District of Columbia, D.C, NBC News, of Columbia, National Guard, Metropolitan Police Department, Republican, Financial Control Board, FBI, Republicans, Congress, Democratic, of Columbia Financial, Control, Police Locations: Washington ,, ”, Washington, Trump

In our society and our culture, and therefore in our politics, there is a growing comfort in the “ends justifies the means” mentality. (Trump’s pick, Pete Hegseth, has denied an alleged sexual assault described in a 2017 police report and was never charged.) “You crossed the line,” Holly Hunter’s character screams at William Hurt’s character, who responds: “It’s hard not to cross it. And wouldn’t it be a shame if the electorate decided that politics now belongs to the low-character crowd. For what it’s worth, I do think our political leaders and public servants should be of a higher-than-average moral character.

Persons: Logan, Jake Paul, Donald Trump’s, Pete Hegseth, Robert F, Kennedy Jr, Kennedy, ”, I’m, Bill Clinton, John F, don’t, —, There’s, Holly, William Hurt’s, We’ve, Richard Ben Cramer’s, let’s Organizations: Pentagon, Happy Locations: We’re, American

A U.S.-brokered ceasefire between Israel and Hezbollah takes effect. Winter weather is forecast for Thanksgiving. Ceasefire between Israel and Hezbollah takes effectA United States-brokered ceasefire between Israel and Lebanon’s Hezbollah militant group in Lebanon has taken effect a day after President Joe Biden announced the agreement. Meanwhile, the National Weather Service warns that a pair of weather systems were expecting to bring an “Arctic outbreak” across parts of the U.S. into the weekend. Here’s what else is in store for holiday weather and travel.

Persons: Joe Biden, Biden, “, Benjamin Netanyahu, Hassan Nasrallah, Israel —, Ronald Reagan, Roberto Schmidt, Donald Trump’s, Clinton, they’re, — they’re, they’ve, Jeffrey Gahler, ” Critics, Trump, Jack Smith’s, Susie Wiles, Guess, Hunter King, Tyler Hynes, Joshua Haines, Taylor Swift, Travis Kelce’s, Hallmark’s, Donna Kelce, — Angela Yang, Here’s, Elizabeth Robinson Organizations: NFL, Kansas City Chiefs, Lebanese, NBC, Israel Defense Forces, Ronald Reagan Washington National Airport, AFP, Getty, Newark Liberty International, FAA, National Weather Service, Rockies, Customs, ”, White, Sunshine State, Hallmark, Hallmark Media, Chiefs Locations: U.S, Israel, United States, Lebanon, Lebanese, inbox, Iran, Gaza, Tehran, Ronald Reagan Washington, Arlington , Virginia, Central, Southern California, Michigan, New York City, Harford County , Maryland, Trump’s, Trump

“I’ll be withdrawing my name from consideration to serve as Attorney General,” now-former Florida Rep. Matt Gaetz posted on social media. Once the nation’s largest swing state, Florida is now stocked with Trump allies and a comfortable home turf for Republicans. It’s a state Trump won by more than 10 percentage points, up from his three-point win in 2020. “You need an Attorney General on Day 1 to be able to executive your plan,” a Trump official said. “I am kind of surprised other states are not pushing back harder, but they just are not.”“But that kind of makes sense to a degree,” Iarossi added of the state Trump won easily.

Persons: Donald Trump’s, “ I’ll, ”, Matt Gaetz, “, ” Gaetz, didn’t flinch, Trump, Gaetz, Pam Bondi, It’s, Evan Power, “ Trump, Sen, Marco Rubio, Mike Walz, Dave Weldon, Nick Iarossi, Iarossi, Susie Wiles, Trump’s, James Blair, Wiles, Blair, Tony Fabrizio, Brian Hughes, Danielle Alvarez, Alex Garcia, “ Susie, Brian Ballard, Bondi, Trujillo, Katie Wiles, “ It’s Organizations: Mar, Trump’s, Florida Rep, DOJ, Congress, Trump, Republicans, Republican Party of Florida, White, Gaetz, State, for Disease Control, Washington, BGR, Florida GOP, Florida, Ballard Partners, Continental, Organization of American, NBC News Locations: Palm, Florida, “ Florida, Lago, Bondi, Miami, Washington

After a lengthy delay, President-elect Donald Trump’s transition team has signed a memorandum of understanding with the White House, allowing the next administration to coordinate with federal agencies. Trump’s incoming White House Chief of Staff Susie Wiles said in a statement the memo’s signing allows for “critical preparations” to begin. During the campaign, Trump's team had blown past an Oct. 1 deadline to enter a memorandum of understanding with the White House. The agreement with the White House outlined that Trump must publicly post his ethics plan for the transition team on the GSA website. The Trump transition team and the Justice Department did not immediately respond to requests for comment Tuesday evening.

Persons: Donald Trump’s, Susie Wiles, ”, Trump, Joe Biden’s, ” Wiles, Trump’s, Jamie Raskin, Raskin, Sen, JD Vance, Ohio, Saloni Sharma, Sharma, White, ’ ” Sharma Organizations: White, General Services Administration, Democrat, Maryland, NBC News, GSA, Trump, Justice Department, FBI Locations: United States

An appeals court on Tuesday agreed to dismiss charges related to Donald Trump’s alleged mishandling of classified documents, effectively ending Special Counsel Jack Smith's prosecution of Trump. A spokesperson for Smith’s office declined to comment. Federal prosecutors in August had asked the U.S. Court of Appeals for the Eleventh Circuit to restore the case. The two remaining criminal cases, the New York case involving hush money payments and a Georgia election interference case, are also in limbo. A New York judge ruled last week postponed Trump's sentencing in that case which was previously scheduled for Nov. 26.

Persons: Donald Trump’s, Jack Smith's, Trump, Tanya Chutkan, Aileen Cannon, Trump —, can’t, Smith, Stormy Daniels, Fani Willis, Willis Organizations: Trump, U.S, U.S ., Appeals, Eleventh Circuit, Department, NBC News Locations: Lago, Florida, York, Georgia, New York, Fulton County

☆ Elon Musk publicized the names of government employees he wants to cut. It’s terrifying federal workers
▼ + stars: | 2024-11-27 | by ( Hadas Gold | Rene Marsh | ) edition.cnn.com time to read: +8 min

Several current federal employees told CNN they’re afraid their lives will be forever changed – including physically threatened – as Musk makes behind-the-scenes bureaucrats into personal targets. “These tactics are aimed at sowing terror and fear at federal employees,” said Everett Kelley, president of the American Federation of Government Employees, which represents more than 800,000 of the 2.3 million civilian federal employees. CNN reached out to all four federal employees who either declined comment or were unable to be reached. Cummings said she already knows of federal employees who “have dedicated their lives to civil service,” already quitting their jobs in anticipation of what’s to come. Ramaswamy did not directly respond to questions about singling out individual federal employees but told CNN: “Most federal employees, like most human beings, are fundamentally good people and deserve to be treated with respect, but the real problem is the bureaucracy.”“Our opponent is not any particular individual.

Persons: Donald Trump, Elon Musk, Vivek Ramaswamy, –, Musk, CNN they’re, ”, Everett Kelley, “ It’s, “, ‘, Mary “ Missy ” Cummings, Tesla, ’, Biden, ” Musk, emojis, ” Kelley, it’s, Missy Cummings, Cummings, Musk’s, Ramaswamy, ” Cummings, “ I’m Organizations: CNN, American Federation of Government Employees, George Mason University, Traffic Safety Administration, Civil, US International Development Finance Corporation, Musk’s Department, Government, of, Tesla Motors, Department of Health, Human Services, HHS, Health, Department of Housing, Urban, DOE, HUD, Twitter, US Navy

☆ What’s open and closed on Thanksgiving Day 2024
▼ + stars: | 2024-11-27 | by ( Ramishah Maruf | ) edition.cnn.com time to read: +2 min

Editor’s Note: Get a street-side view of the biggest Thanksgiving Day parades around the country. Watch ‘Thanksgiving in America’ on CNN and CNN Max on Thursday, November 28 at 8 a.m. New York CNN —Many Americans spend Thanksgiving with their loved ones over a home-cooked meal. Postal servicesDon’t expect any packages on Thanksgiving Day. Limited UPS stores will be open.

Persons: CNN Max, Brian Cornell, Nordstrom, Kohl’s, Tom Thumb Organizations: CNN, America ’, New, New York CNN, Turkey, Walmart, Albertsons Companies – Safeway, Albertsons, ACME, Aldi, Costco, Nasdaq, New York Stock Exchange, US Postal Service, UPS, FedEx, Limited Locations: New York, Chicago, Houston, America

☆ Consumers in a better place than we thought, says Northwestern Mutual's Matt Stucky
▼ + stars: | 2024-11-27 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailConsumers in a better place than we thought, says Northwestern Mutual's Matt StuckyMatt Stucky, Northwestern Mutual chief portfolio manager, equities, joins 'Squawk on the Street' to discuss the latest economic data to cross the tape, what to expect from the Federal Reserve, and much more.

Persons: Matt Stucky Matt Stucky Organizations: Consumers, Northwestern, Northwestern Mutual, Federal Reserve

☆ Judge Finds New York in Contempt, Clearing the Way for Rikers Takeover
▼ + stars: | 2024-11-27 | by ( Hurubie Meko | More About Hurubie Meko | ) www.nytimes.com time to read: +1 min

A federal judge overseeing New York City’s Rikers Island jail complex on Wednesday found the city in contempt for failing to stem violence and excessive force at the facility, and said she was leaning toward taking control of the city’s jails. The judge, Laura Taylor Swain, said in a 65-page opinion that the city and its Department of Correction had violated the constitutional rights of prisoners and staff members alike by exposing them to danger, and had intentionally ignored her orders. Judge Swain’s ruling came nearly a decade after the city’s jails, which include the Rikers Island complex, fell under federal oversight in a settlement of a class-action lawsuit brought by prisoners and the Legal Aid Society. Since then, a court-appointed monitor has issued regular reports on the violence that has continued to plague the facilities. In the past two years, at least 33 people have died in the jails or shortly after being released.

Persons: Laura Taylor Swain, ”, Jan, Judge Swain’s Organizations: New York, Correction, Legal Aid Society

The White House is in touch with federal law enforcement and the President-elect’s team, and continues to monitor the situation closely. A federal law enforcement source said none of those targeted were protectees of the US Secret Service. “Anytime a Member of Congress is the victim of a ‘swatting’ incident, we work closely with our local and federal law enforcement partners. Lee Zeldin, Trump’s pick to lead the Environmental Protection Agency, posted on X about a pipe bomb threat targeting his home. “A pipe bomb threat targeting me and my family at our home today was sent in with a pro-Palestinian themed message.

Persons: Vance, Donald Trump’s, “, ‘, ” Karoline Leavitt, Trump, ”, Joe Biden, ” “, Jack Smith, Tanya Chutkan, Elise Stefanik, Lee Zeldin, Brooke Rollins Organizations: CNN, FBI, White, Service, Trump, New York, GOP, United Nations, U.S . Capitol Police, US Capitol Police, Environmental Protection Agency, Secret Service, Department of Homeland Security Locations: Saratoga County, Washington, York State, U.S

But investors see Bessent as a smart pick for Treasury secretary, and this sentiment sent bond yields — and therefore mortgage rates — lower. But mortgage rates are still elevated compared to where they've been in the last few months. See more mortgage rates on Zillow Real Estate on ZillowMortgage CalculatorUse our free mortgage calculator to see how today's mortgage rates will affect your monthly and long-term payments. 5-Year Mortgage Rate TrendsHere's how 30-year and 15-year mortgage rates have trended over the last five years, according to Freddie Mac data. Mortgage rates are still elevated, but over time they should ease as the Fed lowers rates.

Persons: Scott Bessent, they've, Donald Trump's, Freddie Mac Organizations: Treasury, Mortgage Research Center, Mortgage, Zillow, ARM, Federal Housing Administration, Department of Veterans Affairs, Fed Locations: Chevron

☆ Musk, Ramaswamy to discuss DOGE with GOP leaders on Capitol Hill Dec. 5
▼ + stars: | 2024-11-27 | by ( Lora Kolodny | In Lorakolodny | ) www.cnbc.com time to read: +2 min

Elon Musk and Vivek Ramaswamy will visit Capitol Hill to discuss government reform with Republican congressional leaders Dec. 5, House Speaker Mike Johnson, R-La., announced Wednesday. Johnson said the entrepreneurs will "discuss major reform ideas to achieve regulatory rescissions, administrative reductions, and cost savings" with GOP lawmakers. President-elect Donald Trump has named Musk and Ramaswamy co-chairs of a new outside advisory commission they have dubbed the Department of Government Efficiency (DOGE). Next week's planned meeting is the latest indication that Republican leaders in Congress are taking Musk and Ramaswamy seriously. Yet even the best efforts of Republican leaders in Congress may not be enough to enact many of these ideas.

Persons: Donald Trump, Elon Musk, Vivek Ramaswamy, Mike Johnson, Johnson, Ramaswamy, Musk, Spokespeople Organizations: SpaceX, Capitol, Republican, GOP, Department of Government Efficiency, White, Office of Management, Congress, Corporation for Public Broadcasting, Consumer Financial Protection Bureau, Tesla Locations: Brownsville , Texas, U.S

☆ Lawsuit alleges that young dancers for Shen Yun Performing Arts have faced abuse
▼ + stars: | 2024-11-27 | by ( Associated Press | ) edition.cnn.com time to read: +3 min

The lawsuit said Shen Yun has made hundreds of millions of dollars by exploiting young dancers it recruits from abroad, forcing them to work grueling hours and scaring them into thinking they’d face harm if they quit. According to the website, Shen Yun, along with Fei Tian Academy of the Arts and Fei Tian College — which were also named as defendants — were founded by followers of the Falun Gong faith. After the first year, she was paid $500 a month until she “graduated” from Fei Tian College in 2019, when her salary was raised to $1,000 a month, according to the lawsuit. The lawsuit said she contracted measles when she was 14 but was not permitted to see a doctor. Instead, the lawsuit said, she was told to meditate to feel better and was required to work while she recovered.

Persons: Shen Yun, Chang Chun, Chang, Shen Yen, “ Organizations: White Plains , New York AP, Shen Yun Performing Arts, Chinese Communist Party, CCP, New York State Department of Education, New, New England Commission, Higher, Fei Tian Academy of, Arts, Fei Tian, Radio City Music Hall, Fei Tian College Locations: White Plains , New York, White Plains, Dragon Springs, Cuddebackville , New York, New England, Manhattan, United States, Taiwan

AdvertisementTrump's new DOGE commission, tasked with cutting spending, has floated laying off federal workers. Government employees told BI they're preparing by networking and freshening their resumes. President Bill Clinton also attempted to reduce federal spending and improve government efficiency with the National Performance Review, led by federal employees. Clinton's panel similarly succeeded in cutting 300,000 federal workers but only managed to get a quarter of proposals that required legislative action through Congress. One senior official at the Commerce Department told BI they anticipate a civil servant brain drain.

Persons: Donald Trump's, Jesus Soriano, who's, Elon Musk, Vivek Ramaswamy, Ramaswamy, Trump's, Brian Hughes, Vance, Soriano, he's, Ronald Reagan, Grace, Bill Clinton, Joyce Howell, —, it's, we're, lifer, Sheria Smith, I'd, Smith Organizations: of Government Efficiency, Business, of Health, Human Services, National Science Foundation, agency's American Federation of Government Employees, GOP, SpaceX, Roivant Sciences, DOGE, of Housing, Urban Development, Veterans Affairs, Homeland Security, Management, Street, Trump, America, Grace Commission, US Postal Service, Postal Service, Environmental Protection Agency, Food and Drug Administration, FDA, of Labor Statistics, Commerce Department, BI, Department of Education, Education Department, aaltcheck Locations: America

☆ Elon Musk wants to 'delete' a federal agency designed to prevent another financial crisis and protect people from scams
▼ + stars: | 2024-11-27 | by ( Eliza Relman | Catherine Boudreau | ) www.businessinsider.com time to read: +6 min

AdvertisementElon Musk says he wants to eliminate the Consumer Financial Protection Bureau. The CFPB was created after the 2008 crisis to protect consumers from financial abuses. "Delete CFPB," Musk wrote on X early Wednesday of the Consumer Financial Protection Bureau. The agency investigates consumer complaints related to credit cards, loans, bank accounts, and debt collection and enforces consumer protection laws. Earlier this year, the CFPB also limited credit card late fees to $8 a month, compared to the average $32 fee charged by issuers in 2022.

Persons: Elon Musk, Musk, Vivek Ramaswamy, Dodd, Frank, Democratic Sen, Elizabeth Warren, Barack Obama, Warren, Wells Fargo, who've, —, Clarence Thomas Organizations: Financial, Bureau, Elon, Consumer Financial, Trump, Government, Trump Administration, Congress, Democratic, Harvard Law School, Personnel Management, Bank of America, of America, Apple, Google, Federal Locations: Wells Fargo, Wells

☆ Judge tosses lawsuit against Fox News over conspiracy-tinged Jan. 6 coverage
▼ + stars: | 2024-11-27 | by ( Liam Reilly | ) edition.cnn.com time to read: +2 min

New York CNN —A federal judge on Wednesday tossed a defamation lawsuit brought by an Arizona man targeted by conspiracy theorists against Fox News, accusing the right-wing network and former primetime host Tucker Carlson of spreading false narratives about the January 6 attack. As part of the bogus narrative, several right-wing personalities, including Carlson, claimed a former Trump supporter, Ray Epps, was a federal agent who helped incite the attack. “Following the dismissals of the Jankowicz, Bobulinski, and now Epps cases, FOX News is pleased with these back-to-back decisions from federal courts preserving the press freedoms of the First Amendment,” Fox News Media said in a statement. Fox had sought the lawsuit’s dismissal for some time, arguing that its hosts and guests were simply raising questions when they suggested Epps had instigated the January 6 attack. A representative for Epps did not respond to a CNN request for comment.

Persons: Tucker Carlson, baselessly, Donald Trump’s, Carlson, Ray Epps, Epps, Fox, “, ”, Jennifer L, Biden, Tony Bobulinski, Nina Jankowicz Organizations: New, New York CNN, Fox News, Capitol, Trump, of, FOX News, ” Fox News Media, CNN Locations: New York, Arizona, Delaware

☆ Fed’s preferred inflation gauge rises to 2.3% annually, meeting expectations
▼ + stars: | 2024-11-27 | by ( Jeff Cox | ) www.cnbc.com time to read: +3 min

The personal consumption expenditures price index, a broad measure that the Fed prefers as its inflation gauge, increased 0.2% on the month and showed a 12-month inflation rate of 2.3%. Both were in line with the Dow Jones consensus forecast, though the annual rate was higher than the 2.1% level in September. The annual rate was 0.1 percentage point above the prior month. Odds of a quarter percentage point reduction in the central bank's key borrowing rate were at 66% Wednesday morning, according to the CME Group's FedWatch measure. The release follows consecutive rate cuts by the Fed in September and November totaling three quarters of a percentage point.

Persons: Dow, Stocks Organizations: Federal, Commerce Department, Dow Jones, Nasdaq, Treasury, Fed, Labor

☆ Microsoft faces wide-ranging U.S. antitrust probe
▼ + stars: | 2024-11-27 | by ( ) www.cnbc.com time to read: +3 min

The U.S. Federal Trade Commission has opened a broad antitrust investigation into Microsoft , including of its software licensing and cloud computing businesses, a source familiar with the matter said on Wednesday. The probe was approved by FTC Chair Lina Khan ahead of her likely departure in January. The FTC fielded complaints about Microsoft last year as it examined the cloud computing market. Until now, Microsoft has been somewhat of an exception to U.S. antitrust regulators' recent campaign against allegedly anticompetitive practices at Big Tech companies. In 2019, the Pentagon awarded it a $10 billion cloud computing contract that Amazon had widely been expected to win.

Persons: Lina Khan, Donald Trump, Satya Nadella, Trump, JD Vance Organizations: U.S . Federal Trade Commission, Microsoft, Republican, FTC, Amazon, Google, Bloomberg, Big Tech, Facebook, Meta, Apple, Amazon.com Inc, U.S, Trump, Pentagon, Web Services

☆ JPMorgan sees S&P 500 rising to 6,500 in 2025 thanks to AI and deregulation
▼ + stars: | 2024-11-27 | by ( Fred Imbert | ) www.cnbc.com time to read: +2 min

The S & P 500 will be propelled to new heights in the new year thanks to momentum in artificial intelligence, a resilient economy and the possibility of easier regulation on industries, according to JPMorgan. The labor market has also held up, with more than 100,000 jobs being added in all but one month this year. The S & P 500 is up 4.1% since the Nov. 5 vote. UBS said this week it sees the S & P 500 rising to 6,400 , while Goldman Sachs and Morgan Stanley expect an expansion to 6,500. His 4,200, the lowest in the CNBC Pro Market Strategist Survey , implies 30% downside from Tuesday's close.

Persons: Dubravko Lakos, Bujas, Donald Trump's, Toll, Goldman Sachs, Morgan Stanley Organizations: Nvidia, Federal Reserve, Microsoft, Exxon Mobil, Tesla, Toll Brothers, Citigroup, UBS, Deutsche Bank, CNBC Pro Market, Survey Locations: Tuesday's, U.S

☆ Treasury yields fall as investors await the Fed’s preferred inflation gauge
▼ + stars: | 2024-11-27 | by ( Sawdah Bhaimiya | ) www.cnbc.com time to read: +2 min

ET, the yield on the 10-year Treasury was down by more than three basis points to 4.2673%. The 2-year Treasury yield was also down by more than three basis points at 4.2210%. U.S. Treasury yields were lower on Wednesday as investors awaited a key inflation reading, and weighed statements from the Federal Reserve meeting minutes from November. A flurry of economic data is expected to be published on Wednesday ahead of Thanksgiving on Thursday when markets will be closed. Meanwhile, President-elect Donald Trump's pick of Scott Bessent as Treasury secretary, continues to calm investors nerves.

Persons: Dow Jones, Donald Trump's, Scott Bessent, Bessent Organizations: Treasury, U.S, Federal Reserve, Federal, Traders, CME

☆ Gold trades in tight range ahead of US inflation data
▼ + stars: | 2024-11-27 | by ( ) www.cnbc.com time to read: +2 min

Gold prices flitted within a narrow range on Wednesday as investors awaited key U.S. inflation data for insights into the potential scale of a Federal Reserve rate cut next month. Spot gold was steady at $2,635.56 per ounce, as of 0222 GMT, moving largely within a slim $9 range during the session. Gold is traditionally considered a safe-haven investment during periods of economic and geopolitical uncertainty, including trade wars and other conflicts. Investors digested a handful of economic data on Tuesday indicating the economy remained on solid footing. Elsewhere, China's net gold imports via Hong Kong in October fell from September and were down 43% from the previous year, data showed.

Persons: Bullion, Kyle Rodda, Rodda Organizations: Federal, Capital.com, Federal Reserve, U.S . Federal Reserve Locations: ., Israel, Lebanon, Capital.com . U.S, France, Iran, Hong Kong

☆ Sean ‘Diddy’ Combs is denied bail for a third time
▼ + stars: | 2024-11-27 | by ( Kara Scannell | ) edition.cnn.com time to read: +3 min

CNN —Sean “Diddy” Combs will remain in jail after a judge rejected his latest attempt for release while the rapper and music producer awaits trial on charges of sex trafficking and racketeering conspiracy. Judge Arun Subramanian denied Combs’ team’s motion for release on Wednesday. His decision followed a two-hour court hearing on Friday where he appeared to explore potential options and questioned prosecutors’ allegation that Combs continued to obstruct the ongoing investigation. Federal prosecutors argued that Combs could not be trusted on bail because he flouted the rules of the jail and judge. Prosecutors allege Combs tried to evade law enforcement monitoring by using several techniques, including three-way calling, to contact witnesses.

Persons: Sean “ Diddy ” Combs, Arun Subramanian, Combs, –, “, ”, scoffed, that’s “, Judge Subramanian Organizations: CNN, Metropolitan Detention Center, Prosecutors Locations: Miami

☆ Maye Musk welcomes Elon's bromance with Donald Trump and says they 'just seem to be having fun'
▼ + stars: | 2024-11-27 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +3 min

Elon Musk and the president-elect are having "a lot of fun," she said. Maye Musk called her son "the genius of the world" and backed him to slash government waste. Elon Musk and Donald Trump are two of the world's wealthiest and most powerful men. Musk's mother, Maye, commented on their budding bromance in an interview on Fox Business this week: "They just seem to be having fun, a lot of fun, and that's nice for both of them to have fun." However, the negative comments are very… pic.twitter.com/lWLiG1mqfs — Maye Musk (@mayemusk) November 4, 2024Many mothers champion their children and sing their praises, and Maye is no exception.

Persons: Donald Trump, Elon Musk, Maye Musk, Musk, Maye, Elon, dietitian, she's Organizations: Fox, Elon, Trump, White House, Fox Business, SpaceX, Bloomberg, Trump's, USA Locations: America, New York, Lago, Florida, Texas

☆ European markets set for a shaky start amid Trump tariff threat
▼ + stars: | 2024-11-27 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +1 min

European markets are heading for a mixed open Wednesday as investors continued to assess the potential impact of President-elect Donald Trump's plans to hike tariffs. Economists have warned of the potential inflationary impact of Trump's fiscal plan, which could see the U.S. Federal Reserve cutting interest rates at a slower pace. Overnight, Asia-Pacific markets were mixed Wednesday, following gains on Wall Street that saw the S&P 500 and the Dow Jones Industrial Average reach new intraday and closing records. U.S. stock futures were little changed on Wednesday morning as traders await the release of the Fed's favorite inflation gauge: the personal consumption expenditures price index. Earnings are set to come from Easyjet and data releases include German and French consumer confidence.

Persons: Donald Trump's, Germany's DAX, Trump Organizations: France's CAC, IG, U.S . Federal Reserve, Dow Jones Locations: Mexico, Canada, Asia, Pacific

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