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☆ 'This is the end of President Yoon's presidency': Analyst
▼ + stars: | 2024-12-04 | 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 Email'This is the end of President Yoon's presidency': AnalystKarl Friedhoff from Chicago Council on Global Affairs talks about the future of South Korea's political leadership after the short-lived martial law in the country.

Persons: Yoon's, Karl Friedhoff Organizations: Chicago Council, Global Affairs

☆ Lawrence Hecker: Ex-New Orleans priest pleads guilty to rape and kidnapping in sexual abuse case ahead of trial
▼ + stars: | 2024-12-04 | by ( Associated Press | ) edition.cnn.com time to read: +2 min

New Orleans AP —A disgraced 93-year-old New Orleans priest pleaded guilty Tuesday to charges involving the sexual assault of a teenage boy in 1975. Lawrence Hecker, who left the ministry in 2002, had been scheduled to stand trial Tuesday. The case was reassigned to Campbell, who ordered Hecker to undergo routine physical and psychological evaluations before the trial. The alleged survivor in the criminal case against Hecker is among those who have filed abuse claims against the archdiocese in its long-running bankruptcy case. To date, more than 600 alleged abuse survivors have filed claims against the archdiocese.

Persons: Lawrence Hecker, Nandi, Hecker, Campbell, Ben Willard, Bobby Hjortsberg, “, ” Organizations: New, New Orleans AP, Times, New Orleans Advocate, Archdiocese Locations: New Orleans, Orleans, Orleans Parish, “

☆ There's a lot of investor concerns for Q1 of next year, says RBC's Amy Wu Silverman
▼ + stars: | 2024-12-04 | 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 EmailThere's a lot of investor concerns for Q1 of next year, says RBC's Amy Wu SilvermanAmy Wu Silverman, RBC Capital Markets head of derivatives strategy, joins 'Squawk Box' to discuss the latest market trends, what options says about equities, state of the economy, the Fed's inflation fight, and more.

Persons: Amy Wu Silverman Amy Wu Silverman Organizations: RBC Capital Markets

☆ The 10 most fun cities in the US, ranked
▼ + stars: | 2024-12-04 | by ( Mykenna Maniece | ) www.businessinsider.com time to read: +1 min

AdvertisementA WalletHub study ranked 182 of the most-populated cities in the US by how fun they are. So, if you're looking for a fun city to explore — or an exciting new place to ring in 2025 — WalletHub's latest report offers a look at 182 US cities ranked based on how fun they are. AdvertisementThe personal finance outlet first identified the 150 most-populated cities in the US, as well as at least two of each state's most-populated cities. Then, to measure "fun," it compared those cities across three categories: entertainment and recreation, nightlife and parties, and costs. AdvertisementFrom Las Vegas to New Orleans, here are the 10 most fun cities in the US, according to WalletHub.

Persons: it's, —, WalletHub, Chip Lupo Organizations: Las Vegas, Census Bureau, for Community, Economic Research Locations: Las, Vegas, New Orleans

☆ France no-confidence vote: Michel Barnier likely to be ousted, deepening country’s crisis
▼ + stars: | 2024-12-04 | by ( Lauren Kent | Hanna Ziady | ) edition.cnn.com time to read: +4 min

CNN —French lawmakers will vote Wednesday on a no-confidence motion that is widely expected to oust the government of Prime Minister Michel Barnier, as the country grapples with a deepening political crisis and massive budget deficit. The no-confidence vote is the just the latest jolt on a political rollercoaster in France, where no single party has wielded a majority in parliament since snap elections in July. No government has been ousted in a no-confidence vote since 1962 and Barnier would become France’s shortest-serving prime minister in history. This gridlock has made the government’s budget problems much harder to solve. The credit rating agency expects France’s budget deficit to reach 6.2% of GDP by the end of the year.

Persons: Michel Barnier, Barnier, centrists, –, Emmanuel Macron, Russia’s, Tariq Kamal Chaudhry, “, ”, CNN’s Olesya, Saskya Vandoorne Organizations: CNN, Union, EU, Hamburg Commercial Bank, P Global Locations: Barnier, France, Greece, Ukraine, Hamburg

☆ Research shows more than 150 million mental diagnoses may be linked to lead in gasoline
▼ + stars: | 2024-12-04 | by ( Madeline Holcombe | ) edition.cnn.com time to read: +5 min

CNN —A history of lead in gasoline may be behind tens of millions of mental health conditions in the United States, according to new research. The exposure likely would not have happened had lead not been in gasoline, Reuben added. Millions of homes still contain leadIf lead exposure is a widespread problem and the possible health impacts are serious, what can be done? The first step Reuben recommends is to educate yourself on the sources of lead exposure. You can test for lead exposure –– Reuben requests tests for his kids at the pediatrician, he said.

Persons: “ We’ve, ”, Aaron Reuben, Reuben, ” Reuben, Bruce Lanphear, Lanphear, “, – – Reuben, ” Lanphear Organizations: CNN, University of Virginia, Child Psychology, Psychiatry, US Energy Information Administration, Simon Fraser University, Environmental Protection Agency, FDA Locations: United States, Canada

☆ Malek: Yesterday was a bit of a wake-up call... there could definitely be some big implications.
▼ + stars: | 2024-12-04 | 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 EmailMalek: Yesterday was a bit of a wake-up call... there could definitely be some big implications. Mark Malek, Chief Investment Officer at Siebert Financial, discusses the impact of political tensions in South Korea and France on global investing, noting potential supply chain disruptions. He highlights the strong U.S. dollar's effect on European markets and the challenges of political uncertainty in France.

Persons: Email Malek, Mark Malek Organizations: Siebert Financial Locations: South Korea, France

☆ Inside the chaos in Seoul after South Korea's president sprang 6 hours of martial law on his people
▼ + stars: | 2024-12-04 | by ( Matthew Loh | ) www.businessinsider.com time to read: +13 min

South Korea's president, Yoon Suk-yeol, shocked the nation on Tuesday evening by declaring martial law. AdvertisementThe last time martial law was declared in South Korea was in 1980, when a military dictatorship took over. 12 a.m. — Martial law forces reach the complexAs the National Assembly started to meet its quorum requirement, the first of the martial law forces arrived outside. Related stories12:48 a.m. — Lawmakers vote to lift martial lawLed by Woo, the National Assembly officially began the vote on reversing martial law. 4:40 a.m. — Martial law is lifted and troops withdrawYoon's martial law was officially rescinded by an emergency Cabinet meeting, and dispatched forces returned to their bases.

Persons: Yoon Suk, yeol, Yoon, — Yoon, Kim Hongmin, Kim, Han Dong, Han, Chris Jung, Yonhap, Lee Jae, Myung, mobilizes, Lee, Kim Hong, Woo Won, Woo, Park Jie, Park, Chung Sung, —, Lee Tae, Daniel Ceng, Ellen Kim, Yun, Donald Trump, Yoon's Organizations: Assembly, North Korean, Democratic Party, People Power Party, Getty, National Assembly, Lawmakers, Protesters, Police, —, South Korean, — Troops, Democratic Party's, REUTERS, Korean, Soldiers, South, Park, National, Center for Strategic, International Studies, CSIS Locations: Seoul, Republic of Korea, Korean, Hongdae, South Korea, Yeouido, South, Gwangju, South Korea's, —, Anadolu, Korea, YONHAP, Ukraine, Gwanghwamun

☆ Hiccups in ETFs tracking MicroStrategy occurring as bull market fuels trading boom in single-stock funds
▼ + stars: | 2024-12-04 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: +1 min

That could be an ominous sign for the market, and for the funds themselves as glitches emerge. Leveraged single stock ETFs hit a record of $17 billion of trading volume on Nov. 21, according Strategas ETF strategist Todd Sohn. Several issuers have launched these funds in recent years, typically tracking stocks with high volatility like Nvidia , Tesla and MicroStrategy . The volume would seem more likely to spike during downturns in the market, when general volatility rises, not well into a bull market, Sohn said. Similarly, Morningstar senior analyst Daniel Sotiroff told CNBC the rise of these types of leveraged funds funds is indicative of a "gambling mentality" in the market and that investors would be better off avoiding them altogether.

Persons: Todd Sohn, Sohn, Daniel Sotiroff Organizations: Tesla, Morningstar, CNBC Locations: U.S

☆ Trump nominates Jared Isaacman, private astronaut and Shift4 CEO, for NASA chief
▼ + stars: | 2024-12-04 | by ( Michael Sheetz | In Michaeljsheetz | ) www.cnbc.com time to read: +1 min

Inspiration4 mission commander Jared Isaacman, founder and chief executive officer of Shift4 Payments, stands for a portrait in front of the recovered first stage of a Falcon 9 rocket at Space Exploration Technologies Corp. (SpaceX) on February 2, 2021 in Hawthorne, California. President-elect Donald Trump on Wednesday nominated Jared Isaacman, the billionaire CEO of Shift4 who has led two private spaceflights, to be the next head of NASA. "Jared will drive NASA's mission of discovery and inspiration, paving the way for groundbreaking achievements in Space science, technology, and exploration," Trump wrote in a post on social media. Isaacman said he plans to leave Shift4 once he's confirmed as NASA administrator. In a letter to Shift4 employees, Isaacman wrote he intends "to remain CEO until my confirmation" and "retain the majority of my equity interest," but will reduce his shareholder voting power.

Persons: Jared Isaacman, Donald Trump, Shift4, Jared, Trump, Isaacman, NASA's Organizations: Space Exploration Technologies Corp, SpaceX, NASA, America Locations: Hawthorne , California

☆ Architectural Digest 100 list: The designers to have on your radar in 2025
▼ + stars: | 2024-12-04 | by ( Leah Dolan | ) edition.cnn.com time to read: +2 min

CNN —Each year, a fresh troupe of design industry talents are recognized in Architectural Digest’s AD100 list. William Jess LairdElsewhere, the 2025 list features a handful of storied names, including 2021 World Building of the Year winners Bjarke Ingels Group (BIG). The cover for the latest AD100 list features an elaborate tropical-style pool set within a Swiss chalet. Architectural DigestAlso on the list are a number of studios credited for their work transforming the private homes of A-listers. The 2025 AD100 list will be featured in the publication’s January 2025 issue.

Persons: Amy Astley, Francis Kéré, Sara Zewde, Cass Floto Warner, William Jess Laird, Grace Fuller, Kim Kardashian, Frida Escobedo, Moreau Kusunoki, Jane Hallworth, Kirsten Dunst’s, Beata Heuman Organizations: CNN, Bjarke Ingels, Hopkins Student Center, Tirpitz, New, Food Architects, MoMA, Pompidou Locations: Australia, Belgium, Gstaad, Switzerland, LA, Baltimore, Denmark, New York, Mexico City, Swiss, London

☆ Pete Buttigieg on Airlines, Passenger Protections and Travel Advice
▼ + stars: | 2024-12-04 | by ( Christine Chung | ) www.nytimes.com time to read: +1 min

Secretary of Transportation Pete Buttigieg has been at the helm of the nation’s transportation infrastructure — including its aviation system — during a tumultuous four years. Then, as air travel dramatically rebounded, airline policies, including cancellations and the perks included in a ticket, changed. Yet passengers got new rights, with Mr. Buttigieg carving out a stance of aggressively holding the airlines accountable. As Mr. Buttigieg leaves office, there are rules that haven’t gone into effect. And the next transportation secretary may decline to pursue ongoing investigations into frequent flier programs and Delta’s handling of the CrowdStrike outage.

Persons: Transportation Pete Buttigieg, Buttigieg Organizations: Transportation, Spirit Airlines, Southwest Airlines, Delta Air Lines, Transportation Security Administration Locations: United States

☆ How to buy a health care turnaround story at a discount using options
▼ + stars: | 2024-12-04 | by ( Tony Zhang | ) www.cnbc.com time to read: +3 min

Investors appear to be recognizing its growth potential after a challenging year, setting up for upside toward its $110 target. However, its valuation is justified by its leading growth metrics, including an expected EPS growth rate of 23% (industry median: 9%) and revenue growth rate of 14% (industry median: 6%). Additionally, DXCM net margins of 17% exceed the industry median of 14%, highlighting its ability to generate superior profitability despite competitive pressures. The trade To capitalize on Dexcom's long-term growth potential, I'm selling a cash secured put . I'm looking at the J an $80 Put @ $4.50 Credit to potentially acquire the stock with a 5.96% discount.

Persons: Abbott Organizations: CNBC, NBC UNIVERSAL Locations: DXCM

☆ UnitedHealth cancels investor day after reports of executive shot in Manhattan
▼ + stars: | 2024-12-04 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailUnitedHealth cancels investor day after reports of executive shot in ManhattanCNBC's Bertha Coombs joins 'Squawk on the Street' with the latest news.

Persons: Bertha Coombs Locations: Manhattan

☆ The 4 biggest differences between Gen Z and boomer coworkers, according to a manager of both
▼ + stars: | 2024-12-04 | by ( Alyshia Hull | ) www.businessinsider.com time to read: +5 min

Gen Z values work-life balance, unlike older generations who prioritize job commitment. Related Video How Gen Z will change the workplace, according to LinkedIn's CMOI now also run Simply Jamie, where I create content focused on conversations with my Gen Z employees on social media. Gen Z, on the other hand, might say, "Well, my car is broken," or "I'm sick, so I can't come in." Gen Z, however, has a different mindset. Gen Z does seem to care about social issues, like saving the planet.

Persons: Jamie Lynch, I've, Kassandra, Gen, Z, They've, They're, they're Locations: Ontario, Canada

☆ Our newest portfolio stock backed off its recent 52-week high — so we're buying more
▼ + stars: | 2024-12-04 | by ( Jeff Marks | ) www.cnbc.com time to read: +3 min

Following Wednesday's trade, Jim Cramer's Charitable Trust will own 800 shares of BMY, increasing its weighting to about 1.25% from 1%. It's why Bristol-Myers shares currently trade at about 8 times the 2025 consensus earnings per share estimate. Bristol-Myers' price-to-earnings multiple should re-rate higher as Cobenfy sales ramp up in the years ahead — easing investors' concerns about the company's growth post-patent cliff. The stock currently sports an annual dividend yield of about 4.15%. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.

Persons: Myers, Jim Cramer's, Chris Boerner, Bristol Myers, Jim Cramer, Jim Organizations: Myers Squibb, BMY, Bristol, pharma, Karuna Therapeutics, FDA, JPMorgan, CNBC Locations: Bristol, U.S

☆ Emphasize the centrality of energy security, says U.S. energy official
▼ + stars: | 2024-12-04 | 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 EmailEmphasize the centrality of energy security, says U.S. energy officialGeoffrey Pyatt, U.S. assistant secretary of state for energy resources, discusses sanctions to Russia, the need to diversify energy supplies into the U.S., and what he hopes President-elect Donald Trump's administration will achieve in the next mandate.

Persons: Geoffrey Pyatt, Donald Trump's Locations: U.S, Russia

☆ Richmond Fed President Tom Barkin: Heading in the right direction 'on both sides of our mandate'
▼ + stars: | 2024-12-04 | 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 EmailRichmond Fed President Tom Barkin: Heading in the right direction 'on both sides of our mandate'Richmond Fed President Tom Barkin joins CNBC's Steve Liesman at the CNBC CFO Council Summit to discuss the state of the economy, the Fed's inflation fight, rate path outlook, and more.

Persons: Tom Barkin, Steve Liesman Organizations: Richmond Fed, CNBC

☆ Rep. Andy Barr: Our goal's to restore the American dream through the power of free market capitalism
▼ + stars: | 2024-12-04 | 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 EmailRep. Andy Barr: Our goal's to restore the American dream through the power of free market capitalismHouse Financial Services Committee member Rep. Andy Barr (R-Ky.) joins 'Squawk Box' to discuss the race for committee chairman in the new 119th Congress, top priorities for the committee in 2025, state of the economy, why he's in favor of reforming the Federal Reserve, and more.

Persons: Andy Barr Organizations: Financial Services, 119th, Federal Reserve Locations: Ky

Brittany Howard lays out the ragged emotions of a crumbling relationship on “What Now”: numbness, mourning, second-guessing, guilt and furtive glimmers of relief. While the tracks are rooted in soul, rock, R&B, funk and disco, they turn familiar styles inside-out with targeted distortion and surreal, displaced mixes. The songs capture all the disorientation that comes with a life-changing decision. Vampire Weekend, ‘Only God Was Above Us’Vampire Weekend’s once-meticulous musical universe gets punctured by noise on “Only God Was Above Us.” Its fifth album grapples with how what used to be called indie-rock can face a new pop landscape, and how determined innovators can keep pushing themselves. The answers include history lessons, quasi-sequitur lyrics and constantly morphing studio arrangements — a running, enlightening battle between strict song structure and an unruly world.

Persons: Brittany Howard, Weekend’s, ”, —

☆ Analysis: The troubled history of martial law, coups and toppled presidents many hoped South Korea had left behind
▼ + stars: | 2024-12-04 | by ( Nectar Gan | ) edition.cnn.com time to read: +6 min

Yoon was forced to back down and lifted the martial law order just hours later, after lawmakers unanimously voted to block the decree amid a fierce national outcry. That was the last time martial law was declared in South Korea. Seoul citizens walk beside an army tank on Saturday, Oct. 27, 1979, after martial law was declared following the death of President Park Chung-Hee. Outsted South Korean leader Park Geun-hye arrives at a court in Seoul, South Korea, August 25, 2017. Yoon also faces rising discord within his party, which has opposed his move to introduce martial law and called it unconstitutional.

Persons: Park Chung, Yoon Suk Yeol, Yoon, “, ”, Yoon’s, Chun, Hee, Kim Chon, Roh Moo, Lee Myung, Chung, Park, hye, Kim Hong, Leif, Eric Easley, Yonhap Organizations: CNN, Yonhap News Agency, Min Consulting, National Assembly, Ewha University, Democracy Party, People Power Party Locations: South Korea, South, Seoul, Japan, Gwangju, Korean

☆ This women's retailer is a surprise winner of Black Friday, Telsey says
▼ + stars: | 2024-12-04 | by ( Alex Harring | ) www.cnbc.com time to read: +1 min

Victoria's Secret showed unexpected strength on Black Friday this year, according to retail analyst Dana Tesley. Victoria's Secret," the Telsey Advisory Group CEO said Tuesday on CNBC's " Money Movers ." "There were lines at Victoria's Secret stores around the country." Notably, Victoria's Secret brought its iconic fashion show back after a multiyear hiatus. VSCO YTD mountain Victoria's Secret, year to date Victoria's Secret shares have soared more than 57% this year, reversing course after two straight losing years.

Persons: Dana Tesley, Tesley, Hillary Super, LSEG, Ralph Lauren, Kohl's Organizations: Telsey, Super, Abercrombie, Fitch, Nike Locations: Ohio

☆ Bank of Korea to hold emergency meeting after Yoon lifts martial law
▼ + stars: | 2024-12-04 | by ( Lee Ying Shan | In Ying-Shan-Lee | ) www.cnbc.com time to read: +1 min

Signage for Bank of Korea is displayed atop the central bank's headquarters building in Seoul, South Korea, on Thursday, Aug. 16, 2018. The Bank of Korea is set to hold an emergency meeting Wednesday after South Korean President Yoon Suk Yeol lifted a surprise martial law declaration overnight. Late Tuesday night, Yoon declared an emergency martial law and mobilized the army. Within hours, the National Assembly voted to overturn the emergency order, forcing Yoon to lift martial law early Wednesday morning. The iShares MSCI South Korea ETF (EWY), which tracks more than 90 large and mid-sized companies in South Korea, tumbled as much as 7% to hit a 52-week low before cutting losses to close 1.6% lower.

Persons: Yoon Suk, BOK, Yoon, Choi Sang, mok Organizations: Bank of, The Bank of, South, National Assembly, Citi, South Korea's Finance, Korea ETF Locations: Bank of Korea, Seoul, South Korea, South Korea's, The Bank of Korea, U.S, Korea, KST

☆ University of Michigan Weighs Changes to Its Diversity Program
▼ + stars: | 2024-12-04 | by ( Nicholas Confessore | ) www.nytimes.com time to read: +1 min

The University of Michigan, one of higher education’s staunchest proponents of diversity, equity and inclusion plans, is weighing changes to its own program as colleges across the country brace for the second presidency of Donald J. Trump and a Republican assault on such initiatives in government and academia. Regents overseeing the university said in interviews that they expected the board to seek limits on so-called diversity statements in hiring and promotion decisions. The changes under consideration would make Michigan one of the first selective public universities to rethink D.E.I. Michigan’s state constitution provides regents ultimate control over the university’s finances as well as general oversight of the school. But early discussions between the regents and other university officials have sparked intense pushback on Michigan’s campus in recent days.

Persons: Donald J, Trump Organizations: University of Michigan, Republican, Regents Locations: Michigan

☆ Armie Hammer made his first acting appearance in 2 years in a role called 'Kannibal Ken'
▼ + stars: | 2024-12-04 | by ( Ayomikun Adekaiyero | ) www.businessinsider.com time to read: +3 min

AdvertisementArmie Hammer's cameo in a new music video this week marks his first acting appearance since 2022. In the music video released Monday, Hammer plays a character called "Kannibal Ken." Armie Hammer played a character called "Kannibal Ken" in a new music video released on Monday. Related VideoThe music video featuring Hammer is for the song "Typical Squeeze" by Georgie Leahy, a British actor and singer. Following the allegations, Hammer was dropped by his talent agency and publicist.

Persons: Hammer, Ken, Armie Hammer, Georgie Leahy, It's Hammer's, Leahy, Jerry Brunskill, Hammer's, Tyler Ramsey, Jeff Kravitz, Lauren Beeching, it's, Beeching, he's Organizations: Ramsey Art, Los Angeles Police Department, Air, LAPD Locations: British, London

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