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AdvertisementBaby-boomer homeowners have benefited from skyrocketing housing prices amid a home shortage. Baby boomers have been the big winners in the US housing market, but as the generation retires, its members are facing a new challenge in finding accessible housing. Those who oppose building are disproportionately older homeowners. AdvertisementMany older homeowners — particularly the growing number who still have mortgages — are struggling with rising insurance premiums. Molinsky's report found older Black homeowners had less than half the home equity of older white homeowners.
Persons: boomers, Redfin, Jennifer Molinsky, Molinsky, There's Organizations: Homeowners, Harvard, Aging Society, Insurance Locations: South Florida, Arizona
CNN —Hannah Kobayashi’s disappearance remains a mystery as her family and friends desperately search for answers piecing together what happened to her and what may have led to her radio silence. Described as an artistic and creative soul, Hannah Kobayashi was headed to New York where she planned to take pictures at a DJ’s mid-November show in Brooklyn. Below is a timeline of the series of events after Kobayashi’s disappearance:November 8: Hannah Kobayashi flies from Maui to Los Angeles International Airport with plans to fly to New York City. The Los Angeles County medical examiner’s office rules his death a suicide. “After tirelessly searching Los Angeles for 13 days for Hannah, Ryan Kobayashi tragically took his own life,” the Kobayashi family said in a statement.
Persons: Hannah Kobayashi’s, piecing, Sydni Kobayashi, Hannah Kobayashi, Kobayashi, John F, LeBron, hasn’t, , Ryan Kobayashi, Hannah, Larie Pidgeon, Jim McDonnell, Kobayashi “ Organizations: CNN, Los Angeles International Airport, Kennedy International Airport, Taschen, Nike, Los Angeles Metro, Los Angeles Police Department, Police Locations: Hawaii, Maui, Los Angeles, New York City, New York, Brooklyn, Los, Grove, The Grove, Crypto.com, freckles, Los Angeles County, Angeles, L.A
View at Walmart What we like Check mark icon A check mark. Includes free 12-month membership to Nintendo Switch OnlineCheck mark icon A check mark. View at Walmart What we like Check mark icon A check mark. View at Best Buy What we like Check mark icon A check mark. Includes 4K Blu-ray disc drive to play physical games discs and moviesCheck mark icon A check mark.
Persons: we've, Mario, Zelda, you'll, We're Organizations: Business, Walmart, HP, Nintendo, Mario Kart, Nintendo Switch, Microsoft, Nova, Nova Pro, Netflix, Xbox, Samsung, Black, Sony, Slim, Sony PlayStation, Amazon Sony, VR, Meta, Amazon, Asus, AMD, Amazon LG, LG, Wireless, Logitech, Lightspeed, Nvidia
Hong Kong CNN —One called China an “existential threat.” Another called for a “whole-of-society effort” to confront China and was sanctioned – twice – by Beijing. “If you look at Trump’s team, most, if not all, are China hawks. His nominee for secretary of state, Sen. Marco Rubio, is known in China as the “anti-China vanguard” and currently sanctioned by Beijing. “Many of the hardliners indeed want a full confrontation and decoupling with China, but is that truly Trump’s objective for US-China relations? And in the eyes of Beijing, Rubio is not even the worst pick, according to Chinese experts.
Persons: Donald Trump’s, Elon Musk, , Yun Sun, , China –, Trump, , Hal Brands, Brands, Mike Waltz, Sen, Marco Rubio, Pete Hegseth, Wu Xinbo, Aaron Schwartz, SIPPL, Tesla, ” Sun, Beijing’s, Musk, Lyle Morris, Trump’s, Scott Bessent, ” Jamieson Greer, who’s, Robert Lighthizer, Greer, Wu, Rubio, Mike, Pompeo, ” Wu, ” Pompeo, Biden, Leon Neal, Wang Yiwei, Lai Ching, Taiwan ”, JD Vance, Xi, he’s, Wang Organizations: Hong Kong CNN, Observers, Trump, Stimson, National Security Council, Johns Hopkins School, International, Chinese Communist Party, Beijing, FOX News, Center for American Studies, Shanghai’s Fudan University, Elon, Asia Society Policy Institute, Fudan University, Getty Images Taiwan, Renmin University, Taiwan, Industry, Wall Street Locations: Hong Kong, China, , Beijing, United States of America, Washington, America, Taiwan, crackdowns, Xinjiang, Taipei, Ukraine, Asia
5 big questions about how tech will look under Trump
  + stars: | 2024-11-29 | by ( Clare Duffy | ) edition.cnn.com   time to read: +10 min
He sought to swat down legal protections for tech platforms. Many Republicans are eager to see the Trump administration address what they see as “censorship” of right-leaning voices by many mainstream social media platforms. That could mean reforming or reinterpreting Section 230, which shields tech platforms from liability for their users’ posts and allows the platforms to moderate content as they see fit. In essence, Carr could attempt to pass a rule that would make it possible to sue tech platforms under that new interpretation. Ultimately, that could mean hamstringing tech companies’ efforts to reduce hateful or false content on their platforms.
Persons: Trump, Donald Trump, – —, Trump’s, TikTok, Mark Zuckerberg, He’s, it’s, Elon Musk, Will TikTok, , he’ll, Shou Zi Chew, Kent Nishimura, Alan Rozenshtein, ” Rozenshtein, You’re, doesn’t, isn’t, Will Trump, … we’ve, ” Musk, Joe Biden, Biden, , John Villasenor, Brendan Carr, Carr, Gigi Sohn, Tom Wheeler, Evan Greer, Lina Khan, JD Vance, Musk, Khan, Tayfun, – Khan, ” Villasenor, ” Greer, Republican Sen, Marsha Blackburn of, Democratic Sen, Richard Blumenthal, Mike Johnson Organizations: New, New York CNN, Google, Big Tech, Trump, Bloomberg, Getty, University of Minnesota, Apple, CNN, , Fox News, Republican, UCLA Institute for Technology, Law, Federal Communications Commission, FCC, Democratic, Federal Trade Commission, Biden, White, Trump White House, Microsoft, Activision Blizzard, Kroger, Albertsons, FTC, Department, DOJ, TV, Senate Locations: New York, United States, , Washington ,, Marsha Blackburn of Tennessee, Connecticut
A lake-effect storm in the Great Lakes region that was bringing heavy snow to parts of northern New York, Ohio and Pennsylvania on Friday prompted the closure of highways, disrupting travel after the Thanksgiving holiday, as forecasters warned the storm would “bury” some areas east of Lakes Erie and Ontario. The lake-effect snow closed a section of westbound Interstate 90 from Hamburg, N.Y., to the Pennsylvania line, the Departments of Transportation for Pennsylvania and New York said. The storm, which began earlier in the week, had already brought more than eight inches of snow to portions of Marquette County in Michigan’s Upper Peninsula by Friday afternoon, according to the National Weather Service. Portions of Western New York, such as Mayville on the northern end of Chautauqua Lake about 22 miles north of Jamestown, had recorded 17 inches of snow by midafternoon on Friday, according to forecasters.
Organizations: Transportation, National Weather Service Locations: Great, New York , Ohio, Pennsylvania, Lakes Erie, Ontario, Hamburg, N.Y, New York, Marquette County, Upper, Western New York, Chautauqua Lake, Jamestown, midafternoon
The issue is compounded by the fact that legitimate strategies to make money with bitcoin are being discussed publicly by reputable sources. That, coupled with the technological advances of AI, makes scams seem more real, even for more sophisticated investors, industry professionals said. Coinbase is seeing several scams in which cyber thieves send a text claiming a crypto owner's account has been compromised. How families get defraudedThere's the adage, "If it sounds too good to be true, it probably is," but when it comes to crypto scams, people still take the bait. Another red flag is if an organization asking for money claims crypto is the only payment option, Velasquez said.
Persons: Eva Velasquez, Elon Musk, Merrick Theobald, Trump, Coinbase, scammers, Jeff Lunglhofer, Theobald, Howard Greenberg, Greenberg, you've, Yaya Fanusie, Fanusie, Velasquez Organizations: Theft Resource, Federal Bureau of, Investors, Engadget, Government, Cryptocurrency Association, Crypto, Innovation, LinkedIn, SEC Locations: Liechtenstein, cryptocurrency
While 2024 marked another "challenging" year for biotech stocks, some names could be slated for upside in the months ahead, according to JPMorgan. That said, biotech stocks specifically have not seen nearly the same level of gains. Wall Street is mostly bullish on Vertex, as 21 of the 35 analysts covering the stock have a strong buy or buy rating. The stock has advanced 13% in 2024, and JPMorgan thinks it is "well positioned" for continued expansion. "We believe the portfolio will see appreciation for several value drivers in 2025," analyst Brian Cheng told clients.
Persons: Jessica Fye, Fye, Tessa Romero, Brian Cheng Organizations: JPMorgan, Dow Jones Industrial, Nasdaq, Vertex Pharmaceuticals, Immune, Edgewise Therapeutics
As holiday shopping gets into full swing, several retailers are poised to outperform, according to UBS. Nearly 25% of consumers plan to spend more this holiday season compared to last year, data from UBS shows. Here are some of the softline retail stocks on the UBS buy list. The names all have a premium position in the marketplace and the best opportunity to "go it alone," without malls or third parties to drive consumer engagement and sales growth, Sole said. "Not only should these companies outperform because of their long-term growth opportunities, but also these growth stocks have the best chance of maintaining or regaining high P/Es," Sole said.
Persons: Jay Sole, Sole, Softline Organizations: UBS
AdvertisementIndia's airlines have received 999 hoax bomb threats this year, according to an Indian official. He said there were 500 bomb threats in the last two weeks of October alone, but all were hoaxes. India's airlines have already received 999 hoax bomb threats this year, Murlidhar Mohol, India's deputy civil aviation minister, said on Thursday. Mohol said that 12 people had been arrested in connection with 256 police complaints filed over hoax bomb threats up until November 14, and that more than 500 threats had been made in the final two weeks of October, more than in the rest of the year combined. AdvertisementAnother Air India plane flying from Mumbai to New York was diverted midair to New Delhi in October, The Indian Express reported at the time.
Persons: Murlidhar, Mohol Organizations: Reuters, Boeing, Air India Express, India, Indian Express Locations: India, Delhi, Chicago, Mumbai, New York, New Delhi
Stocks Resume Post-Election Rise
  + stars: | 2024-11-29 | by ( Jeff Sommer | More About Jeff Sommer | ) www.nytimes.com   time to read: +1 min
He linked the tariffs to what he said was the need to curb the inflow of drugs and undocumented immigrants. The S&P 500 rose 0.6 percent on Friday, closing at a new high of 6,032.38, at 1 p.m., after a day off for the Thanksgiving holiday. It was the last trading day of November, and the index rose 5.7 percent for the month, according to FactSet. That continued a surge that began even before the election, when Wall Street began to predict that Mr. Trump would win. His proposals for cutting taxes and easing the regulatory burden on businesses have been greeted with enthusiasm in the markets.
Persons: Donald J, Trump’s, Trump, Organizations: Wall Locations: Canada, Mexico, China
Deep in the canyons of New York’s financial district, there is an office tower that matches the cultural moment, for better and for worse. Known as the WSA building (short for Water Street Associates), the 31-story structure, at 175 Water Street, has become a nexus for the kind of people who might not otherwise set foot in this neighborhood of bankers and brokers. Built in 1983, the tower was the longtime global headquarters of the insurance giant A.I.G. sold the building for about $270 million in 2019, it sat all but empty during much of the pandemic, when scores of companies, including A.I.G., left the financial district. In late 2022, an LLC under the name 99c bought the building for $252 million and announced a bold plan to “reinvent” the property.
Organizations: WSA, Water Street Associates Locations: New York City
The best Black Friday Apple Watch dealsThe Apple Watch Series 10 is the best Apple Watch for most people, and the 42mm model is currently 18% off for the lowest price we've seen since its launch in September 2024. Also, check out previous-generation models, which offer near-current-gen performance for lower prices, like the M3 MacBook Pro for 25% off. The updated base standard for RAM means the 2024 MacBook Pro is an excellent model to upgrade to. Those with future-proofing in mind should opt for the 2024 iPad Air, which can also be seen as a more affordable version of the 2024 iPad Pro models. For most people, the best Apple Watch is the Series 10, thanks to its always-on display and overall value.
Persons: you've, Apple, It's, it's, they've, They're, Max, Kim Kardashian Organizations: Business, Apple, Apple Watch, Amazon Apple, Apple MacBook, Air, Amazon, MacBook, Intel, M4, Apple AirPods, Amazon Beats
AdvertisementMcKinsey, Bain, and BCG are top strategy consulting firms with low acceptance rates. McKinsey & Company, Bain & Company, and Boston Consulting Group — collectively referred to as MBB — are widely considered the top three strategy consulting firms in the world. Sometimes referred to as the Big Three, MBB firms are among the most prestigious consulting firms and their clients include many Fortune 500 companies as well as government agencies. MBB firms typically offer highly competitive salaries, generally paying more than other consulting firms, and often come with demanding work responsibilities and expectations. The MBB firms are strategy and management consulting firms.
Persons: Jessica Apotheker, Jobs, It's, Bob Sternfels, Christoph Schweizer, Rich Lesser, Amber Grewal, Alicia Pittman, BCG's, Bain & Company Bain, Bain, Christophe De Vusser, Davis Nguyen Organizations: McKinsey, Bain, Fortune, McKinsey & Company, Bain & Company, Boston Consulting Group, Big, Deloitte, EY, KPMG, Company McKinsey, Business, Boston Consulting, Financial Times, undergrads Locations: New York City, undergrad, Boston
AdvertisementDonald Trump's proposed tariffs could raise car prices, impacting US and European automakers. Tariffs may cost carmakers 17% of annual earnings and lead to credit downgrades, per S&P Global. President-elect Donald Trump's new tariff proposals could hit American and European carmakers hard — and could push prices up for your next car. AdvertisementHigher tariffs could hit General Motors, Jaguar Land Rover, Stellantis, and Volvo hardest, S&P Global said. These tariffs could push car prices higher and lead Americans to dig deeper into their wallets for another vehicle.
Persons: Donald Trump's, Kelley, Trump, Joe Biden's, Claudia Sheinbaum, Justin Trudeau, Sheinbaum, Trudeau, Friday Organizations: P Global, General Motors, Rover, Volvo, EU, Motors, BMW, Ford, Hyundai, Mercedes, Benz, Trump, Commerce Department, Business, Canada's Locations: European, Canada, Mexico, Wells, United States
The Dow Jones Industrial Average and S&P 500 rose to new heights on Friday amid a shortened trading day that capped a strong month for equities. The S&P 500 added 0.56% to 6,032.38, while the Nasdaq Composite jumped 0.83% to 19,218.17.The Dow climbed 188.59 points, or 0.42%, to end at 44,910.65. Both the Dow and S&P 500 notched new intraday and closing highs. About three out of every five S&P 500 members finished the session in the green. With those gains, the Dow and S&P 500 notched their best months of 2024.
Persons: Dow, Biden, Donald Trump's Organizations: New York Stock Exchange, Dow Jones Industrial, Nasdaq, Dow, Bloomberg, Lam Research, Nvidia, iShares Semiconductor Locations: China
AdvertisementElon Musk praised Apple's new hearing aid feature for AirPods. The FDA approved the feature as the first over-the-counter hearing aid software. Elon Musk, who has previously criticized Apple, appears to have been won over by one new feature. It shows a hard-of-hearing father using the feature on the Apple AirPods Pro 2 to hear his daughter opening Christmas presents. "Don't want it," Musk wrote in a June response to a Tim Cook post promoting Apple Intelligence on X.
Persons: Elon Musk, Musk, Apple, Tim Cook, Tesla's, Apple's Organizations: FDA, Apple, ChatGPT, Apple AirPods, OpenAI, Apple Intelligence, AirPods
All Apple iPad Black Friday deals are expected to last until midnight on November 29. View at Amazon What we like Check mark icon A check mark. View at Amazon What we like Check mark icon A check mark. View at Amazon What we like Check mark icon A check mark. It's compatible with Apple Intelligence AI features and supports the Apple Pencil Pro and the Apple Pencil (USB-C).
Persons: you've, it's, It's, you'll Organizations: Business, Apple Intelligence, Apple, iPad
Our experts are rounding up all the best Black Friday gaming laptop deals so you can snag a great price on a powerful new system. Though more of an entry-level gaming option, the A15 is one of our picks for the best budget gaming laptops you can buy. These Black Friday gaming laptop deals are set to last until midnight PT, but some could extend into the weekend and Cyber Monday. View at Amazon What we like Check mark icon A check mark. View at AmazonBlack Friday gaming laptop FAQsIs Black Friday a good time to shop for gaming laptop deals?
Organizations: Business, Asus, AMD, Intel, Nvidia
This photograph taken on January 11, 2024, shows a general view of the Adani Group owned Mundra Port in Mundra. Shares in India's Adani Group climbed further on Friday, resuming a multi-day rally on the back of the group's statement refuting bribery charges against its billionaire chairman, Gautam Adani. Adani Green Energy , the company in the eye of the U.S. indictment storm, jumped as much as 19%. TotalEnergies had announced to suspend new investments linked to Adani Group. Following the Wednesday release, Adani Green Energy stock rebounded 10%, while the flagship Adani Enterprises jumped 11.5%.
Persons: Gautam Adani, TotalEnergies, Adani, Sagar Adani Organizations: Adani Group, Mundra Port, Adani, Energy, SGMC Capital, CNBC, Adani Green Energy, Foreign, Green Energy, Adani Enterprises Locations: Mundra, New York
A splintered social media world is on the horizon — and it's paving the way for a new, more authentic breed of influencer. "People are just trying to find authentic communities," Eric Wittman, CEO of photo-editing app VSCO, told Business Insider. Smoothy said she sees things changing, with different "tiers" of content creators emerging from the industry's oversaturation. New social media horizonsLucy Edgerley, the head of influence at the global social media agency Born Social, told BI that Gen Zers, in particular, are craving creativity, entertainment, and inspiration. Young people who have grown up with social media are learning the lessons about the dark side of it — the mental health toll, the bullying, and the over-consumerism — the hard way, he said.
Persons: Reddit, Eric Wittman, Wittman, Chand Rajendra, Kate Smoothy, Smoothy, Lucy Edgerley, Zers, Kim Murray, Murray, Edgerley Organizations: University of Massachusetts Amherst, Webhive, Social, Virality
Learn moreWelcome to your one-stop shop for this weekend's best Black Friday streaming deals. View at PeacockPeacock Premium Plus (Monthly Plan) $13.99 Peacock Premium Plus subscription is $14 a month. Then Britbox is a streaming service for you as it's packed with classics from the likes of the BBC and ITV. Am I locked into a contract if I sign up for one of these Black Friday streaming deals? By default, once the deal you've signed up for ends, the streaming service will re-subscribe you for the regular price.
Persons: Max, HBO Max, Peacock, we've, We'd, That's, We're, Sherlock, Luther, Harry Potter, Max Max, It's, There's, you'll, you've Organizations: Business, HBO, Disney, Paramount, Hulu, Disney Disney, Disney Plus, NBC, Football, Peacock, CBS, NFL, Nickelodeon, Comedy Central, BET, MTV, Showtime, Paramount Paramount, Paramount Plus Paramount, Paramount Plus, BBC, ITV, Max, Starz, Starz Starz, Service, ESPN, MLB, NHL, UFC, ESPN Amazon Prime, Amazon Locations: British, Downton Abbey
Doha, Qatar CNN —For 12 seasons, Lewis Hamilton and Mercedes penned one of the most fabled stories in the history of Formula One. Hamilton will embark on an intriguing chapter with Ferrari, while Mercedes will begin a new era spearheaded by George Russell. We’ve gone through so many highs and lows together,” Hamilton told CNN Sport in Qatar in a US and UK exclusive interview ahead of this weekend’s Grand Prix there, the penultimate race of his Mercedes career. A superb showing in Las Vegas helped lift the mood on a frustrating year for Hamilton and Mercedes. Hamilton was put through the same training used to prepare the Inspiration4 and Polaris Dawn crews for commercial spaceflight missions.
Persons: Lewis Hamilton, Mercedes, , Hamilton, George Russell, , We’ve, ” Hamilton, there’s, ” Hamilton toasts, Bryn Lennon, Mercedes ’, Red Bull, Max Verstappen, “ We’ve, , “ It’s, Gary A, Vasquez, Verstappen, “ You’ve, It’s, there’ve, Peter Cziborra, I’d, I’ve Organizations: Qatar CNN —, Formula, Hamilton, Ferrari, CNN Sport, Red Bull, Spa, Las Vegas, Arrows, Reuters, triumphing, Hamilton Commission, IWC Schaffhausen, Polaris Locations: Doha, Qatar, Abu Dhabi, Istanbul, Las Vegas, Austria, Silverstone, Saudi Arabi, Texas
Learn more2024's Black Friday sale is finally here, and our tech experts are tracking the best Black Friday laptop deals throughout the event. We're finding record-low prices for all sorts of laptops, from budget to high-end models and even the Apple MacBook Air and MacBook Pro. View at Best BuyThe best Black Friday MacBook dealsThe 2022 MacBook Air M2 with 16GB RAM for $749 is an especially tempting deal. The 2024 MacBook Pro M4 is 13% off, which is a great deal on a model released this year. The updated base standard for RAM means the 2024 MacBook Pro is an excellent model to upgrade to.
Persons: Lenovo Slim, Dell, It's, it's Organizations: Business, Apple MacBook, MacBook, Dell, LG, Lenovo, Intel, AMD, Amazon LG, Lenovo Yoga 7i, Microsoft, Qualcomm, HP, Highlights, Pro Apple MacBook, Apple, Air, Amazon, M4, Asus
View at Amazon What we like Check mark icon A check mark. View at Amazon What we like Check mark icon A check mark. View at Amazon What we like Check mark icon A check mark. View at Amazon What we like Check mark icon A check mark. Apple's current AirPods lineup includes the AirPods 4, AirPods 4 with ANC, AirPods Pro 2, and the AirPods Max.
Persons: Max, Siri Organizations: Business, Black, Apple, ANC, Walmart, AirPods, Lightning
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