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It was awful.”Palm Springs Section 14 neighborhood residents and descendants at United Methodist Church in Palm Springs on April 16, 2023. Because of racial covenants in the 1940, it was among the few places Black and Latino residents could live in Palm Springs. Devers’ mother told her the pressures from redlining and racism led her father to alcohol. She finally landed a place about 15 miles north of Palm Springs in a man’s hunting trailer that had no bathroom or kitchen. Courtesy Lawrence WilliamsMcFarland, Williams’ mother, is 101 and lives with him in Mississippi.

Persons: Gloria Holland’s, ”, “, Monday, ” Holland, Damian Dovarganes, Lisa Middleton, “ It’s, Areva Martin, Martin, hadn’t, Taya Gray, Holland, general’s, Pearl Devers, ” Devers, Lucille Ball, Devers, Lawrence Williams, Williams, Lucille McFarland, ” Williams, Lawrence Williams McFarland, She’s, Pearl, ‘, ” Martin Organizations: United Methodist Church, 14, Palm, Palm Springs City, City, Areva, Council, ”, USA, Agua Caliente, Residents Locations: Palm Springs , California, ” Holland, Atlanta, Holland, Hollywood, Springs, Palm Springs, California, Agua, Columbia , Mississippi, Mississippi

☆ Are Airline Loyalty Programs Worth It?
▼ + stars: | 2024-11-28 | by ( Mike Dang | ) www.nytimes.com time to read: +1 min

When SuzAnn Brantner moved to Indiana from Los Angeles during the coronavirus pandemic, she had been a longtime Delta Air Lines frequent flier, achieving the highest loyalty status the airline offered: Diamond Medallion. “I just always loved Delta,” Ms. Brantner, a 50-year-old marketing executive, said. She traveled every month because of her job and made sure to book all her flights with Delta — even if she had to make a connection and other airlines offered a direct flight. But last year, when Delta announced it would be making modifications to its frequent-flier program, Ms. Brantner began to question her loyalty. On Reddit communities dedicated to three major domestic carriers — Delta, United Airlines and American Airlines — some users are wondering whether maintaining airline loyalty status is worth it anymore as they calculate how much they will need to spend and travel for the rest of the year in order to reach certain status levels next year.

Persons: SuzAnn Brantner, Ms, Brantner Organizations: longtime Delta Air Lines, Delta, —, United Airlines, American Airlines Locations: Indiana, Los Angeles

☆ Chip-supplier stocks jump as the US weighs up fresh China sanctions
▼ + stars: | 2024-11-28 | by ( Jyoti Mann | ) www.businessinsider.com time to read: +3 min

Targeting Chinese chip equipment makers could benefit European firms such as ASML. The Biden administration is reported to be considering fresh sanctions against Chinese semiconductor equipment manufacturers, pushing up stocks of semiconductor suppliers in Europe and Japan. The suggested curbs would add an extra 100 Chinese chip equipment makers to the entity list, the outlet reported. AdvertisementAs part of the sweeping sanctions, the US could add 200 Chinese chip firms to its trade blacklist, Wired reported. American chip equipment makers and allies such as Japan and the Netherlands reportedly pushed back against earlier proposals.

Persons: Biden, SMIC, Jim Reid, Mao Ning, US Department of Commerce didn't Organizations: Wired, Bloomberg, Tokyo, Huawei, CSI, Deutsche, US Department of Commerce, Business Locations: Europe, Japan, China, Shanghai, Netherlands

☆ France's political chaos drives borrowing costs to the same level as Greece's for the first time
▼ + stars: | 2024-11-28 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +4 min

Sopa Images | Lightrocket | Getty ImagesFrance's brewing political crisis is spilling into financial markets with the country's borrowing costs hitting the same level as debt-ridden Greece's for the first time on record Thursday. The spread — the difference in yield between two bonds — between French 10-year government bond yields and their Greek counterparts was reduced to zero earlier Thursday. The yield on the French 10-year stood at 3.0010% while the same Greek bond stood at 3.030%. French officials looked to defend the economy on Thursday, but acknowledged that bond investors viewing French debt as risky as Greece's was a worrying development. Economy Minister Antoine Armand said Thursday that the French economy could not be compared with Greece's, however.

Persons: Storm Caetano, Michel Barnier, Barnier, Emmanuel Macron, Antoine Armand, Greece's, Armand, Jason Da Silva, CNBC's, Marine, George Pachantouris Organizations: Chatelet, Getty, Investors, Economy, BFM, Google, Global Investment, Arbuthnot, Rabobank Locations: Chatelet Les Halles, Paris, Greece, France, Europe

☆ Apple, Trump and a booming budget surplus: Ireland has much to mull over as voters head to the polls
▼ + stars: | 2024-11-28 | by ( Michael Considine | ) www.cnbc.com time to read: +4 min

Kinga Krzeminska | Moment | Getty ImagesIreland goes to the polls on Nov. 29, with center-right parties Fianna Fáil and Fine Gael once again expected to form the nucleus of the country's next government. On the flipside, there are concerns in Dublin that U.S. President-elect Donald Trump will look to clamp down on U.S. companies paying taxes in Ireland, instead of in America. Political angleThe country's two biggest parties look once again on track to form a government, despite some travails for Fine Gael as the campaign winds down. The latest Irish Times/Ipsos B&A poll of Nov. 25 shows support for Fine Gael falling six points to 19% over the last two weeks, while Fianna Fáil's backing now stands at 21%. It is nevertheless unclear what policy changes can be expected, given the sway that Fianna Fáil and Fine Gael are likely to have in a potential government.

Persons: Kinga, Fáil, Donald Trump, Republican Party Sinn, Emma Howard, Jack Chambers, Howard, Trump's Organizations: Images, Fine Gael, Green Party, European Court of Justice, Apple, Irish Times, Republican Party, Housing, Central Bank of Ireland, TU Dublin, CNBC, IMF, ECB, European Commission, Finance, AAA Locations: Ireland, Dublin, America

☆ 5 tech stocks in supply chain management could benefit from Trump's tariffs, Redburn Atlantic says
▼ + stars: | 2024-11-28 | by ( Ganesh Rao | ) www.cnbc.com time to read: +3 min

President-elect Donald Trump's proposed steep tariffs on imports could create winners in the stock market — particularly among companies that help businesses manage their supply chains, according to Redburn Atlantic. The shares of all these global companies are traded in the U.S. and Europe. Trump has proposed tariffs of 25% on all products from Mexico and Canada, and additional tariffs on goods from China. Kinaxis Kinaxis, which helps companies plan their supply chains using digital replicas of physical operations, could also benefit, according to Redburn Atlantic. WiseTech Global WiseTech offers a "high-growth profile" investment opportunity that will benefit from the tariff trend, according to Redburn Atlantic.

Persons: Donald Trump's, Trump, Redburn, Lachlan Brown, Descartes, Kinaxis, Trump's, — CNBC's Michael Bloom Organizations: Descartes Systems, Manhattan Associates, SPS Commerce, WiseTech, Descartes Systems Descartes Systems, Manhattan Associates Manhattan Associates, SPS, Commerce Locations: U.S, Europe, United States, China, Mexico, Canada

☆ CNBC's Inside India newsletter: The causes and costs of India's brain drain
▼ + stars: | 2024-11-28 | by ( Amala Balakrishner | In Amala-Balakrishner | ) www.cnbc.com time to read: +10 min

(Photo by Sanchit Khanna/Hindustan Times via Getty Images)This report is from this week's CNBC's "Inside India" newsletter which brings you timely, insightful news and market commentary on the emerging powerhouse and the big businesses behind its meteoric rise. Raj is looking for jobs outside India and says he is "willing to go anywhere and do anything." "My parents took a [1.9 million Indian rupee] ($22,491) loan for my degree, so I studied hard and interned to find a well-paying job quickly," the 27-year-old, told CNBC's Inside India. Speaking to CNBC's Inside India, Ghosh — a professor formerly at India's Jawaharlal Nehru University and currently at the University of Massachusetts Amherst — noted "there is definitely a jobs crisis in India." This shift in perspective has translated to "brain drain," being considered as a "term from the last century," Sunaina Kumar, a senior fellow at think tank the Observer Research Foundation (ORF), told CNBC's Inside India.

Persons: Sanchit Khanna, Raj, Keshav Raj, Anurag Sinha, Sinha, aspirational, Jayati Ghosh, Ghosh —, University of Massachusetts Amherst —, They've, Ghosh, Sundar Pichai, Satya Nadella, Leena Nair, Subrahmanyam Jaishankar, Sunaina Kumar, Kumar, ORF's Kumar, foundit's Sinha Organizations: Hindustan Times, Getty, ., SRM Institute of Science & Technology, United Arab, India, India's Jawaharlal Nehru University, University of Massachusetts Amherst, International Labour Organization, UN, Microsoft, Institute of South Asian Studies, National University of Singapore, Observer Research Foundation, Bank, South Locations: DELHI, INDIA, Anand, New Delhi, India, Indonesia, Tamil Nadu, Canada, Australia, United Arab Emirates, U.S, Europe, Indian

☆ 5 things to consider buying before new tariffs take effect
▼ + stars: | 2024-11-28 | by ( Elisabeth Buchwald | ) edition.cnn.com time to read: +6 min

Such tariffs have the potential to significantly increase the prices consumers pay on nearly everything that isn’t made entirely in the US, of which there are very few goods. And as we witnessed during the pandemic, “stockpiling by consumers can actually lead to higher prices in and of themselves and empty store shelves,” he said. That said, here are five items that are likely to get more expensive with any new tariffs Trump imposes that may make sense to purchase before he takes office. But if you need a new one – or will soon – now’s a good time to consider buying. E-bikesOne item that tops the list of things that could get spendier under Trump’s tariffs is e-bikes, Lincicome told CNN.

Persons: Donald Trump’s, Trump, he’s, isn’t, Scott Lincicome, –, ” Lincicome, Ed Brzytwa, Gary Shapiro, “, Corie Barry, Lincicome, “ It’s, Donald Trump Organizations: New, New York CNN, Peterson Institute for International Economics, Cato Institute, Trump, National Retail Federation, Consumer Technology Association, CTA, CNN, “ Locations: New York, Mexico, Canada, China, US

A man was fatally beaten with his own golf clubs in a seemingly "random" attack at a Florida golf course, authorities said. Junior Boucher, 36, of West Palm Beach, is charged with first-degree murder in the death of 65-year-old golfer Brian Hiltebeitel on Monday afternoon at the Sandhill Crane Golf Club in Palm Beach Gardens, according to a probable cause affidavit. Police Chief Dominick Pape provides information about the murder at Sandhill Crane Golf Club, in Palm Beach Gardens, Fla., on Tuesday. WPTVBoucher was being held without bond at the Palm Beach County jail on Wednesday afternoon, a representative of the facility said. About an hour before police arrived at the golf course, Boucher’s family reported him missing to the county sheriff’s office, the police chief said.

Persons: Junior Boucher, Brian Hiltebeitel, Boucher, Dominick Pape, ”, WPTV Boucher, Pape, Boucher’s, Hiltebeitel, “ He’s, Boucher “ Organizations: WPTV Authorities, Beach Gardens Police, Police Locations: Florida, West Palm, Palm Beach, Beach, Fla, Beach County

While richer people are expanding their footprint in the holiday travel mix, lower-paid ones are shrinking theirs: Households making under $50,000 are set to make up just 23% of travelers, down from 28% a year ago, Deloitte found. Indeed, the luxury travel network Virtuoso said it’s seen seasonal bookings surge 37% since last year among its high-end clientele. Some 64% of Americans plan to take more than one trip this holiday season, Deloitte found, up from 57% in 2023. “These travel choices may suggest that people are looking to save money, likely choosing cheaper options to keep their travel costs down,” the researchers wrote. Ted Rossman, senior industry analyst for Bankrate, said there are signs that “inflation continues to strain holiday travelers in a big way.” The consumer finance company found 86% of households making less than $100,000 annually expect to change their holiday travel plans due to cost increases (although a hefty 77% of six-figure earners said the same).

Persons: ”, Kate Ferrara, Jan Freitag, Jonathan Kletzel, Hopper, Misty Belles, they’ll, PwC, Ted Rossman, Bankrate, travers Organizations: Deloitte, “, PricewaterhouseCoopers, Shoppers Locations: Mexico, Caribbean, Europe

☆ It’s the world’s largest building shaped like a chicken. It’s also a hotel
▼ + stars: | 2024-11-27 | by ( Kathleen Magramo | ) edition.cnn.com time to read: +3 min

CNN —Travelers to the Philippines can now book a room in the world’s largest building shaped like a chicken, located in the country’s remote highlands. No, you’re not expected to bed down on top of a pile of straw in a chicken coop. The towering six-story building stands nearly 35 meters (over 114 feet) tall and has 15 rooms, all equipped with air-conditioning. Located atop the hills of Campuestohan Highland Resort on the island of Negros Occidental, the new landmark was officially given the Guinness World Record title for being the largest building in the shape of a chicken on September 8. The massive rooster can be found at the Campuestohan Highland Resort in Negros Occidental, Philippines.

Persons: you’re, –, Ricardo Cano Gwapo Tan, ” Tan, ”, “, Tan, Misa de Gallo, Anita Organizations: CNN, Travelers, Negros Occidental, Silay Locations: Philippines, Negros Occidental, Negros . Cockfighting, Thailand, Indonesia, India, Negros, Manila, Cebu, Bacolod

☆ China's industrial profits fall by 10% in October as deflation worries linger
▼ + stars: | 2024-11-27 | by ( Anniek Bao | In | ) www.cnbc.com time to read: +2 min

China's industrial profits dropped by 10% in October from a year ago, in another sign that Beijing's stimulus measures have yet to reverse a slump in corporate earnings. Industrial profits are a key gauge of the financial health of factories, mines and utilities in China. In the first ten months, profits at China's industrial firms decreased by 4.3% from a year ago, the National Bureau of Statistics said in a statement Wednesday. China's consumer price index in October rose slower than expected, edging up 0.3% from a year ago, marking the slowest rise since June. Meanwhile, producer price index fell 2.9% on year, showing that deflation deepened from the 2.8% drop in the prior month.

Persons: — CNBC's Evelyn Cheng Organizations: National Bureau of Statistics, PMI Locations: Oriental, Lianyungang Port, Lianyungang, China

☆ 'Moana 2'-led Thanksgiving box office could be best in post-pandemic era
▼ + stars: | 2024-11-27 | by ( Sarah Whitten | ) www.cnbc.com time to read: +3 min

The domestic box office is poised for its biggest Thanksgiving haul since the pandemic thanks to a Polynesian princess, a pair of witches and a revenge-fueled gladiator. Disney's "Moana 2" is set to hit theaters Wednesday and generate between $120 million and $150 million in box office receipts in the U.S. and Canada through Sunday. Box office analysts believe the five-day Thanksgiving weekend, which runs from Wednesday to Sunday, should easily clear $200 million in ticket sales and could even become the second- or third-highest Thanksgiving period in cinematic history. After ruling the Thanksgiving box office for years with titles from Pixar and Disney Animation, it's failed to live up to expectations with its recent string of releases. In 2016, "Moana" opened over the Thanksgiving holiday, generating $82.1 million.

Persons: It'll, Universal's, Shawn Robbins, that's, Ralph, Paul Dergarabedian, it's, Coco Organizations: Fandango, Pixar, Disney Animation, Disney, Comcast, CNBC Locations: U.S, Canada, Comscore, NBCUniversal

☆ BYD and Rivals in China Tell Suppliers to Cut Costs Amid Price War
▼ + stars: | 2024-11-27 | by ( Claire Fu | Daisuke Wakabayashi | ) www.nytimes.com time to read: +1 min

Faced with a bruising price war in the fast growing but crowded domestic market for electric vehicles, Chinese automobile manufacturers are pressuring suppliers to deliver hefty cost cuts. China’s BYD, the world’s largest manufacturer of electric vehicles, asked a supplier to reduce its product prices by 10 percent starting next year, according to a company email that was apparently leaked and circulated widely on the internet in China. He Zhiqi, BYD’s executive vice president, said that the competition for so-called new energy vehicles — China’s preferred phrase for fully electric and gas-electric hybrid vehicles — was entering a “decisive battle” or “knockout match,” according to the email with the subject line “BYD Passenger Vehicle Cost Reduction Requirements in 2025.”“In order to enhance the competitiveness of BYD passenger cars, we need the entire supply chain to work together and continue to reduce costs,” Mr.

Persons: China’s BYD, ”, Mr Locations: China

☆ What Is Russia’s Oreshnik Ballistic Missile?
▼ + stars: | 2024-11-27 | by ( Lara Jakes | ) www.nytimes.com time to read: 1 min

The dust has settled in Dnipro, Ukraine, where investigators are analyzing the wreckage at a weapons factory struck by a new Russian intermediate-range ballistic missile last week. But the debate continues over the strategic impact of the missile, known as the Oreshnik, both on the battlefield in Ukraine and what it means for NATO states in Europe. President Vladimir V. Putin of Russia touted the missile as an example of Russian technological prowess, built by a domestic military industry unimpeded by Western economic sanctions. The Oreshnik is also capable of carrying nuclear weapons, at a time when Moscow has increased threats of nuclear war. It is still not clear what explosives, if any, the missile delivered in the strike on Dnipro.

Persons: Vladimir V, Putin Organizations: NATO Locations: Dnipro, Ukraine, Russian, Europe, Russia, Moscow

☆ There is no such thing as an all-America car. That’s why tariff will raise car prices.
▼ + stars: | 2024-11-27 | by ( Chris Isidore | ) edition.cnn.com time to read: +10 min

The US government tracks what percentage of each car’s parts is made “domestically.” But under current trade law, both Canadian-made parts and US-made parts are counted as the same domestic content. “Yes, it’s America’s truck, assembled in America, but not with American parts,” Ivan Drury, director of insights for Edmunds, told CNN. Domestic parts could be tough to findFinding domestic supplies for many of the imported car parts would be difficult. Even if an American parts supply could be found, in most cases it would be more expensive. Fewer imported cars would raise all pricesTariffs on imported vehicles likely would also lead to higher prices on cars that are assembled here, since it would limit the supply of vehicles in the US market.

Persons: Donald Trump, Trump, aren’t, Bill Clinton, Bill Pugliano, Honda, “, it’s, ” Ivan Drury, Edmunds, Jeff Schuster, GlobalData, ”, Drury, “ You’re Organizations: New, New York CNN, GM, Ford, Jeep, Dodge, Chrysler, Toyota, Honda, Tesla, Hyundai, Kia, Nissan, Mazda, Subaru, CNN, Chevrolet Blazer, Chevrolet Silverado Locations: New York, Mexico, Canada, American, United States, China, Lincoln , Alabama, Dearborn , Michigan, Michigan, Missouri, America, Saltillo , Mexico

☆ Ukraine had to recall 100,000 artillery shells amid complaints they'd get stuck in launchers and weren't exploding
▼ + stars: | 2024-11-27 | by ( Matthew Loh | ) www.businessinsider.com time to read: +4 min

Ukraine's defense ministry issued a recall of 120mm artillery shells this week, citing defects in a recently delivered batch of rounds. The defective 120mm rounds — light artillery shells that Ukraine typically uses in mortars — were first reported in early November by Censor.Net, a local media outlet run by journalist Yuriy Butusov. Ukroboronprom and the Ukrainian Defense Ministry did not respond to requests sent outside regular business hours by Business Insider. Globally, Ukraine's allies have also struggled to quickly scale up production of artillery shells. On November 19, Ukrainian President Volodymyr Zelenskyy said domestic factories had produced 2.5 million artillery shells and mortar rounds in 2024 alone.

Persons: Censor.Net, Yuriy Butusov, Yuriy Nikolov, Ukroboronprom, Suspilne, Volodymyr Zelenskyy Organizations: Factory, Local, TSN, NATO, Ukroboronprom, Ukrainian Defense Ministry, Business, Suspilne Locations: Ukraine, Ukrainian

☆ What Robert F. Kennedy’s confirmation as HHS secretary could mean for global health
▼ + stars: | 2024-11-27 | by ( Brenda Goodman | ) edition.cnn.com time to read: +13 min

CNN —President-elect Donald Trump’s choice of Robert F. Kennedy Jr. to lead the US Department of Health and Human Services sent a shudder through the global health community. The US is the world’s largest funder of global health programs, according to the nonprofit health policy and research group KFF. Global health is really strategic investment,” del Rio added, saying he hoped Kennedy would find a way to maintain those investments. About half of the nation’s global health budget is spent on HIV/AIDS prevention and treatment, according to KFF. Worldwide, measles cases rose 20% from 2022 to 2023, according to the latest report from the World Health Organization.

Persons: Donald Trump’s, Robert F, Kennedy Jr, Kennedy, hasn’t, ”, Richard Carmona, George W, Bush, “, ” Carmona, Carlos del Rio, thimerosal, Joe Rogan, “ There’s, Kathleen Sebelius, Barack Obama, Peter Hotez, Trump, — Hotez, Rachel, Hotez, ” Hotez, Anthony Fauci ”, Fauci, Mary Holland, –, It’s, ” Sebelius, Sebelius, doesn’t, Lawrence Gostin, Peter Kotlar, Robert Fico, ” Kennedy, Kennedy’s, Gostin, ” Gostin, Dr, Sanjay Gupta, ” Holland, can’t Organizations: CNN, US Department of Health, Human Services, HHS, US Centers for Disease Control, National Institutes of Health, Emory University, ”, Health Defense, US Food, CDC, Baylor College of Medicine, NIH, NBC News, Children’s Health Defense, World Health Organization, United States, US State Department, WHO, Georgetown University, Slovak, covid, Get CNN, CNN Health, Trump, pandemics Locations: Rio, United States, India, Africa, United, Geneva

☆ 10 things the Club is watching in the market Wednesday, including CrowdStrike, HP, Dell
▼ + stars: | 2024-11-27 | by ( Matthew J. Belvedere | ) www.cnbc.com time to read: +4 min

CrowdStrike delivered a very good quarter after Tuesday's closing bell, with management raising its full-year outlook on sales, operating income, and earnings. Mortgage rates dropped last week, pushing home loans for purchases up 12% week over week and 52% year over year. Best Buy shares were steady Wednesday morning after their nearly 5% post-earnings drop in the previous session. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER .

Persons: CrowdStrike, Wells, Donald Trump, Kevin Hassett, Hassett, Stanley Black, Decker, Jim Cramer, We're, — CNBC's Zev Fima, Jim Cramer's, Jim Organizations: Dow, Nasdaq, Street, RBC, Dell, HP, Wall Street, National Economic Council, of Economic Advisers, Apple, Financial Times, Citi, holding's, Disney, Comcast's Universal, Paramount, Comcast, NBC Universal, CNBC, Jim Cramer's Charitable Locations: Wells Fargo, China

☆ Trump wants to cut corporate taxes to as low as 15%. These stocks could benefit the most, Wolfe says
▼ + stars: | 2024-11-27 | by ( Darla Mercado | Cfp | ) www.cnbc.com time to read: +4 min

President-elect Donald Trump has called for cutting the corporate tax rate – and a slate of companies could stand to benefit, according to an analysis from Wolfe Research. That would be a reduction from the current corporate tax rate of 21%. A corporate tax rate of 18% would increase S & P 500 earnings per share by $5, while a 15% rate would lift earnings per share by $10, he said. Senyek's team identified companies that could see the greatest impact on their earnings per share from a lower tax rate. Wolfe also highlighted Amazon in its list of companies that could benefit from a lower corporate tax rate.

Persons: Donald Trump, Chris Senyek, Wolfe, Peter Supino, Biden, Supino, LSEG, Wells, Ken Gawrelski, AMZN, Fiserv, Goldman Sachs, Trump Organizations: Wolfe Research, Trump, White House, Republicans, GOP, US, Warner Bros, Discovery, Warner, White, ., Bank of America Locations: China, Wells Fargo

☆ Major currencies consolidate as market regroups ahead of US inflation measure
▼ + stars: | 2024-11-27 | by ( ) www.cnbc.com time to read: +3 min

The New Zealand dollar rose after the Reserve Bank of New Zealand cut benchmark rates by 50 basis points to 4.25% while noting that inflation had declined to near the mid-point of its targeted range. "This uncertainty can lead markets to 'sell first and ask questions later' which is a positive for the USD." The Australian dollar was mostly flat at $0.64755 after domestic consumer price inflation stayed at a three-year low in October. In cryptocurrencies, bitcoin was trading at $91,795, keeping well below the record high of $99,830 it touched last week. It has climbed more than 40% since the U.S. election on expectations Trump will loosen the regulatory environment for cryptocurrencies.

Persons: Donald Trump's, Trump's, Trump, Carol Kong, Joe Biden, Scott Bessent, bitcoin, Bitcoin Organizations: U.S, New Zealand, Reserve Bank of New, jittery, Commonwealth Bank of Australia, Canadian, Treasury, Trump Locations: Reserve Bank of New Zealand, Canada, Mexico, China, United States, U.S, Israel, Iran, France, Israeli, Trump's

WASHINGTON — A former FBI informant whose false claims about President Joe Biden and his son Hunter Biden were at "the heart" of the Republican impeachment inquiry against the president has now been indicted on tax charges. Alexander Smirnov, the former FBI informant charged with lying to the FBI about President Joe Biden and his son Hunter, has now been indicted on 10 separate tax-related charges. The charges against Smirnov, who had been a confidential human source for the FBI since 2010, were brought by David Weiss, the special counsel on the Hunter Biden case, which resulted in convictions on gun charges in June and tax charges in September. Before Smirnov was indicted, Rep. Jim Jordan, R-Ohio, said his claims were "the heart" of Republicans' impeachment inquiry against the president. Prosecutors said Smirnov was "actively peddling new lies that could impact U.S. elections after meeting with Russian intelligence officials" in Nov. 2023.

Persons: WASHINGTON —, Joe Biden, Hunter Biden, Alexander Smirnov, Hunter, Smirnov “, Bentley, Smirnov, David Weiss, Jim Jordan, Biden, Prosecutors, District Judge Otis Wright Organizations: FBI, Domestic, Las, U.S, District Judge, Jan Locations: Vegas, Los Angeles, Las Vegas, Ohio, Russia

TEL AVIV — The Israeli government failed in its “primary duty to protect its citizens” in the lead-up to and during the Oct. 7, terrorist attacks, according to an Israeli civilian report released Tuesday. Some 1,200 people were killed and 250 taken hostage during the attacks as Hamas fighters infiltrated Israel from southern Gaza and launched thousands of rockets. The Israeli report also identified a "major cause" of the Oct. 7 tragedy as a "glaring failure" by Israeli intelligence branches. It specifically pointed to Shin Bet, Israel’s domestic security agency, and military intelligence for their inability to provide timely warnings or act on those that were issued. Israeli soldiers near houses that were destroyed during a Hamas attack on the kibbutz in Be'eri, Israel.

Persons: Benjamin Netanyahu, Netanyahu, Netanyahu “, Shin Bet, Tsafrir, Benny Gantz, Netanyahu's, Shin Bet’s, Yoav Gallant, Gallant, Amir Levy, “, ” Roni Lifshitz, ” Omer Bekin, Freddie Clayton Organizations: Civilian, of, Hamas, NBC, AFP, Getty, NBC News, West Bank Locations: TEL AVIV, Palestinian, Israel, Qatari, Gaza, Israeli, Sderot, Be'eri, Be’eri, Tel Aviv, London

☆ My girlfriend and I spent 12 days in Morocco at 5-star hotels. The trip was worth thousands, but I only spent $250 out of pocket.
▼ + stars: | 2024-11-26 | by ( Reggie Lamptey | ) www.businessinsider.com time to read: +4 min

AdvertisementI took my girlfriend on a luxury trip to Morocco but only had to pay $250 out of pocket. Booking our business-class flights was so gratifyingWe flew business class on Royal Air Maroc. I took to the private points and miles group I'm in from my Tricks to Travel class to ask if anyone had been to Morocco recently. Several people told me to book business class on Royal Air Maroc, so I started searching for flights. AdvertisementMy girlfriend had never flown business class before, so I was especially excited to surprise her with this.

Persons: she'd, Reggie Lamptey, Reggie Lamptey Hilton, Marriott Organizations: Royal Air Maroc, Hilton Tangier Al, Reggie Lamptey Hilton Tangier Al, Honors, Marriott Locations: Morocco, Marrakesh, Tangier, Hilton Tangier Al Houara, Reggie Lamptey Hilton Tangier Al Houara

☆ CNBC Daily Open: Investors really like Trump’s Treasury secretary pick
▼ + stars: | 2024-11-26 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +2 min

Stefani Reynolds | Bloomberg | Getty ImagesThis report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. This time, it's revved up by Trump's Treasury secretary pick — Scott Bessent. "I would recommend that tariffs be layered in gradually," Bessent told CNBC earlier this month before his nomination. Small-cap stocks performed even better, probably because Bessent has expressed support for Trump's economic agenda, which would benefit smaller, domestically oriented companies.

Persons: SPX, Scott Bessent, Stefani Reynolds, it's, — Scott Bessent, Bessent, —, Russell, Quincy Krosby, Alex Harring, Hakyung Kim Organizations: Key, Bloomberg, Getty, CNBC, Group, Trump, Dow Jones, Nasdaq, Treasury, LPL Locations: Washington , DC, U.S

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