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☆ 5 areas outside the battlegrounds that show how Trump expanded his coalition: From the Politics Desk
▼ + stars: | 2024-11-12 | by ( The Politics Desk | ) www.nbcnews.com time to read: +10 min

In today’s edition, national political correspondent Steve Kornacki breaks down the blue areas across the country where Donald Trump expanded his coalition. These five jurisdictions help tell the story of where and how Trump expanded his coalition the most dramatically. When Trump ran in 2016, he was crushed in Lawrence, an old mill city on the Merrimack River, by 66 points. Trump transition watchPresident-elect Donald Trump is continuing the process of building out his administration, tapping allies for key posts. DeSantis does not have to listen to Trump, after the two men saw their relationship fray amid DeSantis’ national rise and his failed 2024 presidential campaign.

Persons: Steve Kornacki, Donald Trump, Matt Dixon, Trump's, Sen, Marco Rubio, Trump, Steve Kornacki Donald Trump, Biden, Harris, Loudoun, Democrats ’, Kristi Noem, Noem, Rubio, Mike Huckabee, Mike Waltz, Waltz, Christopher Wray, Wray, Kash Patel, Ron DeSantis, Lara, wouldn’t, Lara Trump, Trump’s, James Uthmeier, Commerce Wilbur Ross, Uthmeier, Read Organizations: NBC, White House, Capitol, Trump, Puerto Ricans, Puerto Rico, GOP, Democrats, Democratic, Republican, South Dakota Gov, Department of Homeland Security, Foreign Relations, Intelligence, Arkansas Gov, Russia, CIA, Trump’s Cabinet, Florida Gov, Senate, State Department, Commerce Locations: Florida, Osceola County , Florida, Orlando, Puerto, Trump’s, Trump’s Puerto Rican, Lawrence , Massachusetts, Massachusetts, Lawrence, Merrimack, Loudoun County , Virginia, Rockland County , New York, New York City, Rockland, America, McKinley County , New Mexico, McKinley, New Mexico, Marco Rubio of Florida, U.S, Israel, China, Ukraine, Matt Dixon TALLAHASSEE, Fla

Three U.S. airlines have suspended flights to Haiti after a Spirit Airlines jet was struck by gunfire. Some see Rubio as one of the “less MAGA” options but is still someone “Trump’s base could trust,” a Trump ally said. Trump’s first Cabinet pick was Rep. Elise Stefanik of New York, to serve as ambassador to the United Nations. Hours later Trump announced his second Cabinet selection, former Rep. Lee Zeldin, to oversee the Environmental Protection Agency. The State Department is advising against travel to Haiti in the midst of violent political turmoil.

Persons: Donald Trump, Trump, Patrick T, Fallon, Donald Trump’s, Sen, Marco Rubio, Rubio, ”, Trump’s, Elise Stefanik, Lee Zeldin, Zeldin, Joe Biden’s, Stephen Miller, Miller, Mike Waltz, Ruben Gallego, Republican Kari Lake, ➡️ Trump, Christopher Wray, ➡️, —, MAGA, “, Kayla Smith, Jillaine St.Michel, Rebecca Vincen, Brown, Julie Lyons, Emily Corrigan, Jennifer Adkins, Richard Allen, Crews, Aaron Rodgers, Peter Guo, Calpak, Elizabeth Robinson Organizations: Spirit Airlines, Getty, United Nations, The, Republican Conference, Trump, Environmental Protection Agency, Trump’s Cabinet, Green Beret, Armed Services, Foreign Affairs, Intelligence, Democratic, Republican, Senate, State Department, JetBlue, New York City, American Airlines, The State Department, Women, Center for Reproductive, East, New York Jets, Riding Army, NBC, Walmart, Casper Locations: U.S, Haiti, AFP, Marco Rubio of Florida, New York, Israel, Gaza, Florida, Afghanistan, East, Africa, He’s, Arizona, Fort Lauderdale , Florida, Port, Prince, Dominican Republic, Miami, Idaho, Portland , Oregon, Ada County, Indiana, Delphi, West, New Jersey, California, China, Kaifeng, Asia

FBI Director Christopher Wray and Donald Trump's team are planning for the possibility that the president-elect will replace Wray during the new administration, three people familiar with the matter told NBC News. Wray, whom Trump appointed in 2017 to a 10-year term, enjoys leading the FBI and had intended to serve out his term, a source said. Wray could resign if he was told Trump wants him gone, as is widely expected. “I assume that’s the best apology that we’ll get from Director Wray, but it is fully accepted!” he wrote. Installing a new FBI director would require confirmation in the Senate, where Republicans will be in the majority starting in January.

Persons: Christopher Wray, Donald Trump's, Wray, Kash Patel, Trump, he's, ”, ” Wray, “, we’ll, Susie Wiles, Tom Homan, Patel, He's, ” Patel, ” Trump, Gina Haspel, White, Steve Bannon, Joe Biden, it’s, we’re Organizations: NBC News, Trump, CIA, FBI, Justice Department, White, Senate, and National Security, National Intelligence, Defense Department

Elon Musk embraces Donald Trump during a campaign rally in Butler, Pennsylvania on Oct. 5, 2024. Kissinger was deeply respected in China and continued to meet with its leaders as an unofficial diplomat in efforts to promote warmer relations between the two countries. Just months before Kissinger died in November 2023, he met with Chinese President Xi Jinping in Beijing in July 2023. They may not reach the same impact as Kissinger, given the more complex period, he said, though they could help stabilize relations. Cook and Schwarzman also regularly visit leaders in China, where they are often highlighted by Beijing as examples of positive China-U.S. business and trade relations.

Persons: Elon Musk, Donald Trump, Anna Moneymaker, Elon, Kissinger, Scott Kennedy, Henry Kissinger, Xi Jinping, Tesla, Li Qiang, Wang Yiwei, Wang, Musk's, Musk, Joe Biden, Biden, Trump, Wang Huiyao, Tim Cook, Blackstone, Stephen Schwarzman, Cook, Schwarzman, Dewardric Organizations: Getty, White, Economics, Center for Strategic, International Studies, U.S, SpaceX, Renmin University, CNBC, Trump, Center for, Longview Global Locations: Butler , Pennsylvania, Beijing, China, Washington, imploding, U.S, Center for China, Dewardric McNeal

☆ Germany sets early election date for February after collapse of the ruling coalition
▼ + stars: | 2024-11-12 | by ( Sophie Kiderlin | In | ) www.cnbc.com time to read: +2 min

Germany is set to hold a federal election in February, earlier than Chancellor Olaf Scholz had originally proposed after his ruling coalition collapsed last week. The election is set to be held on February 23, according to sources within the parliamentary group of Scholz' social democratic party (SPD). It is a necessary step ahead of early elections in Germany as the chancellor must first call for the vote in parliament. Lindner was replaced by Jörg Kukies who was appointed as the new finance minister on November 7. Scholz' SPD and the Green party will form a minority government in Germany until the election in February.

Persons: Olaf Scholz, Joerg Kukies, Scholz, Christian Lindner, Chancellor Olaf Scholz, Lindner, Jörg Kukies Organizations: Bundestag, Authorities, Green Locations: Berlin, Germany

☆ Matthew McConaughey says chasing wealth can leave you lost and alone — and he'd be happy with 1/50th of his fortune
▼ + stars: | 2024-11-12 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +4 min

Devoting your life to making money can leave you lonely and aimless, Matthew McConaughey says. The actor warned against chasing cash at the cost of relationships and other valuable parts of life. AdvertisementPeople who spend their whole lives trying to get as rich as possible risk winding up lost and alone, Matthew McConaughey says. The actor said he loves money and what it lets him provide for his family, his wife, and himself. AdvertisementMany rich people have said there's more to life than accumulating wealth and material possessions, and have warned against losing sight of what truly matters.

Persons: Matthew McConaughey, Warren Buffett, —, McConaughey, he's, Elon Musk, It's, Trump, Camila Alves McConaughey, Rick Kern, Berkshire Hathaway Organizations: Service, Dallas Buyers, Berkshire

☆ Keep a broader perspective post U.S. elections and make bets on the margins: Strategist
▼ + stars: | 2024-11-12 | 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 EmailKeep a broader perspective post U.S. elections and make bets on the margins: StrategistAdam Phillips of EP Wealth Advisors discusses why the firm's portfolios do not include Tesla or Bitcoin despite their strong performance following Trump's election.

Persons: Adam Phillips

☆ Regulation is necessary and inevitable for crypto assets: Singapore Gulf Bank
▼ + stars: | 2024-11-12 | 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 EmailRegulation is necessary and inevitable for crypto assets: Singapore Gulf BankAureole Foong, Co-CEO of Singapore Gulf Bank discusses the outlook for crypto post-U.S. elections and the importance of regulatory framework when dealing with digital assets.

Organizations: Singapore Gulf Bank, Foong Locations: Singapore

☆ Germany set for snap election in February, according to German public broadcaster
▼ + stars: | 2024-11-12 | by ( Sebastian Shukla | ) edition.cnn.com time to read: +2 min

CNN —Germany is set to hold a snap election on February 23 after an agreement was reached among parties in the country’s fractured parliament on Tuesday, according to reports from public broadcaster ARD. The confidence vote will be held on December 16 following an agreement from all parliamentary parties, according to ARD. German President Frank-Walter Steinmeier needs to rubber-stamp the date of the election, but reports suggest this is a formality. Friedrich Merz, leader of the CDU, said last week, “there is absolutely no reason to wait until January” to call the confidence vote. His government has grown increasingly unpopular in Germany, with Scholz also one of the least popular chancellors ever, according to a September opinion poll.

Persons: Chancellor Olaf Scholz, Scholz, Frank, Walter Steinmeier, Steinmeier, Christian Lindner, Friedrich Merz, ” Organizations: CNN, ARD, Green Party, Christian Democratic Union of Germany, CDU, German, Greens Locations: Germany, Berlin

☆ Opinion | I’m the Governor of Kentucky. Here’s How Democrats Can Win Again.
▼ + stars: | 2024-11-12 | by ( Andy Beshear | ) www.nytimes.com time to read: +2 min

With the November elections over, the political analysis and finger-pointing have begun on cable news and within the national Democratic Party. While I’m deeply disappointed with the national result, I refuse to play the blame game. I won re-election 12 months ago by five points in a state that Donald Trump just carried by 30 points. Americans wake up thinking about their jobs and whether they make enough money to support their families. We wake up thinking about the public school we will drop our kids off at, and we wake up thinking about public safety in our communities.

Persons: I’m, Donald Trump Organizations: Democratic Party Locations: Kentucky, Washington ,

☆ Hedge funds performed better under Democratic presidents than Republican ones, history shows
▼ + stars: | 2024-11-12 | by ( Leslie Picker | ) www.cnbc.com time to read: +1 min

NYSEThere's been a rush of enthusiasm on Wall Street regarding Donald Trump's election win, but hedge funds actually generate more alpha when the White House is occupied by a Democrat president than a Republican one, according to HFR, collating data going back to 1991. But during Democratic administrations, the gap was about 183 basis points, with hedge funds delivering average, annualized returns of 10.16%, compared to 11.99% from the S&P 500. Zoom In Icon Arrows pointing outwards HFRWhen compared with the a bond index, HFR found that hedge funds under both parties outperformed – with stronger alpha when a Democrat was in the White House. Zoom In Icon Arrows pointing outwards HFRSurprisingly, the way that hedge fund participants donate in elections was a bit more tilted toward one party. Zoom In Icon Arrows pointing outwards Open Secrets

Persons: Donald Trump's, annualized, HFR Organizations: New York Stock Exchange, NYSE There's, Republican, Democratic, Democrat Locations: HFR

☆ Polymarket and Kalshi Predicted Trump's Win. Now Comes the Hard Part.
▼ + stars: | 2024-11-12 | by ( Amanda Hoover | ) www.businessinsider.com time to read: +8 min

Days before the election, Polymarket odds showed Trump had a 60% chance of winning. The electorate took notice: Kalshi and Polymarket soared to the top of Apple's App Store on Tuesday evening. Advertisement"Last night, Kalshi showed how prediction markets can decisively outperform polls and traditional media," Kalshi posted on X. And can the prediction markets ride their momentum now that the election's over? Prediction markets are "going to attract people who want to influence public perception," Broughel says.

Persons: Nate Silver, Kamala Harris, Donald Trump, Polymarket, Trump, Kalshi, Shayne Coplan, Coplan, Elon Musk, Taylor Swift, Travis Kelce, Robinhood, There's, Xavier Sottile, Bettors, Sottile, Robert F, Kennedy Jr, he'll, John F, Kennedy, Koleman Strumpf, Strumpf, Broughel, James Broughel, Israel —, — Polymarket, who've Organizations: Trump, CNBC, MIT, Victoria University, Wake Forest University, RFK Jr, Competitive Enterprise Institute, Wall Street Journal, Twitter, New York Times Locations: New Zealand, Kalshi, Ukraine, Iran

☆ The common national experience that explains Trump’s 2024 gains
▼ + stars: | 2024-11-12 | by ( Ronald Brownstein | ) edition.cnn.com time to read: +15 min

Biden in 2020 did not gain ground across the country in as large a percentage of counties as Trump did in 2024. In 2020, Biden won Michigan, Pennsylvania and Wisconsin, the three former “blue wall” states that decided the election, by a combined 257,029 votes. “In 2020, Biden picks up everywhere. In 2020, Biden won only a little more than one-sixth of the nation’s counties, but the places he captured generated over 70% of the nation’s total economic output. The highest-output counties Trump flipped were almost entirely in the Sun Belt: from Hillsborough (Tampa) and Tarrant (Fort Worth) to Maricopa (Phoenix).

Persons: Donald Trump’s, Kamala Harris, Trump, Joe Biden’s, Trump hasn’t, Biden, ”, Alan Abramowitz, Harris, Harry Truman, Lyndon Johnson, Republican George W, Bush, Lynn Vavreck, “, Barack Obama, John Kerry’s, Obama, Hillary Clinton, Mitt Romney, Abramowitz, That’s, Vavreck, Trump’s, —, ” Vavreck, Mark Muro, Muro, Brookings, Elon Musk, ” Muro, NORC Organizations: CNN, Trump, Emory University, GOP, Biden, Republican, UCLA, Daily, Rural Studies, Michigan, White, Colorado and, Brookings Metro, Republicans, Democratic, Truman, Elon, Edison Research, Associated Press Locations: nation’s, nonmetropolitan, Nevada, Pennsylvania, Wisconsin, Iowa, Ohio, Colorado, Colorado and Virginia, Trump, Hillsborough, Tampa, Tarrant, Fort Worth, Maricopa, Phoenix

☆ 2024 was yet another 'change' election: From the Politics Desk
▼ + stars: | 2024-11-11 | by ( The Politics Desk | ) www.nbcnews.com time to read: +9 min

Welcome to the online version of From the Politics Desk, an evening newsletter that brings you the NBC News Politics team’s latest reporting and analysis from the campaign trail, the White House and Capitol Hill. In today’s edition, senior political editor Mark Murray breaks down how 2024 was the sixth "change" election in a row as voter dissatisfaction with the direction of the country remains high. They culminated in the nation’s sixth straight “change” election, in which either the White House or at least one chamber of Congress switched party control. Trump won those “change” voters by 50 points, 74% to 24%. Read more →Trump’s win has sparked fresh concerns among his critics that he may enter office looking for retribution.

Persons: Mark Murray, MAGA, Donald Trump’s, ’, Barack Obama, Trump, Joe Biden, Trump’s, Kamala Harris, “, Sahil Kapur, Matt Dixon, Julie Tsirkin, Donald Trump’s “ MAGA ”, Mitch McConnell, John Thune of, Sen, John Cornyn of, Rick Scott of Florida, ” Scott, —, Scott —, Scott, leapfrog, hasn’t, ”, Read, Elise Stefanik, Lee Zeldin, Tom Homan, Stephen Miller, 🗞️, : the, lea Organizations: NBC, White House, Capitol, Republican, Senate, GOP, Republicans, White, Trump, Democratic, Voters, McConnell, NBC News, House Republican Conference, United Nations, Environmental Protection Agency, . Immigration, Customs Enforcement, rit, upr Locations: Kentucky, John Thune of South Dakota, John Cornyn of Texas, New York

A Spirit Airlines flight to Haiti was hit by gunfire on Monday, injuring a flight attendant, as the State Department warned of "gang-led efforts" to stop travel to the country. Spirit released a statement confirming that one of its flights from Fort Lauderdale, Florida, to Port-au-Prince, Haiti, was diverted to the Dominican Republic on Monday. "One Flight Attendant on board reported minor injuries and is being evaluated by medical personnel," the statement said. Travel to Haiti, which is still in the midst of violent political turmoil, is not advised by the State Department. "Only attempt to depart Haiti or travel within Haiti if you believe it is safe for you to do so."

Persons: Jovenel Moïse, Ariel Henry, Henry Organizations: Spirit Airlines, State Department, Dominican Republic . American Airlines, The State Department, U.S, Embassy Locations: Haiti, Fort Lauderdale , Florida, Port, Prince, Dominican Republic, Florida, Miami, Caribbean

The three-way fight to replace outgoing Senate Republican leader Mitch McConnell, R-Ky., pits Senate Minority Whip John Thune, R-S.D., against Sen. John Cornyn, a former McConnell deputy, and underdog candidate Sen. Rick Scott, R-Fla. “It’s a loud online presence that doesn’t ultimately add up to votes in the Senate,” said one Senate Republican aide, who requested anonymity to speak candidly about the race’s dynamics. He supported me in 2022 in my run against Mitch McConnell,” Scott said. “The Senate Republicans — particularly Senate Republican leadership — must understand that the American people put President Trump back in the White House with his America First agenda. And any Republican leader candidate who does not agree with that should get the hell out of the way," he said.

Persons: WASHINGTON —, Donald Trump's “ MAGA ”, Mitch McConnell, John Thune, Sen, John Cornyn, Rick Scott, “, Trump, ” Scott, MAGA, —, Scott —, Tucker Carlson, Scott, Donald Trump ”, Billionaire Trump, Elon Musk, Marjorie Taylor Greene, ” Greene, leapfrog, ”, hasn’t, coy, McConnell, Mike Davis, Davis, Republicans —, Mike Johnson, Ron Johnson, Marco Rubio, Rand Paul, Bill Hagerty, Tommy Tuberville, Rubio, Hagerty, “ I’ve, ” Thune, we’ve, Chuck Schumer, ” Cornyn Organizations: Republican, McConnell, Republicans, Trump, GOP, NBC News, ”, NBC, Senate, America, Republican Party, Fox News, Senate Republican Conference, Democrats Locations: Ky, Florida, Sens

SEOUL, South Korea — As foreign governments prepare to deal with a second Trump administration, at least one key U.S. ally is hoping to make headway on the fairway. Last month, the U.S. and South Korea agreed on a new five-year cost-sharing plan for the U.S. troops. Maintaining a strong security alliance with the U.S. is especially important for South Korea given the growing hostility from nuclear-armed North Korea. That in turn could lead South Korea and even Japan to consider whether they need nuclear weapons of their own. Stella Kim reported from Seoul, South Korea, and Jennifer Jett reported from Hong Kong.

Persons: Trump, Yoon Suk, “, Donald Trump, Yoon, ”, Shinzo Abe, David Boling, Chung Sung, Abe, Abe “, Boling, ” Yoon —, ” Jeremy Chan, “ I’ve, Yoon doesn’t, he’s, ” Chan, Lydia Ko, Ko, Shigeru Ishiba, ” Boling, Chan, Choi Sang, mok, Joe Biden, Brendan Smialowski, Kim Jong, Stella Kim, Jennifer Jett Organizations: NBC, South, Eurasia Group, Trump, House, Paris Olympics, Japanese, U.S, South Korean Finance, Seoul, Getty Locations: SEOUL, South Korea, U.S, Florida , New Jersey, Virginia, North Korea, Japan, New York, Seoul, United States, East Asia, China, Northeast Asia, New Zealand, Scotland, Korea, Chiba, AFP, Hong Kong

TOKYO — Lawmakers in Japan voted Monday to retain the embattled Shigeru Ishiba as prime minister despite his long-governing party’s dismal showing in parliamentary elections last month. Ishiba, a straight-talking former defense minister, received 221 votes compared with 160 for Yoshihiko Noda, leader of the opposition Constitutional Democratic Party. Many Japanese officials assume Trump is going to be “more straightforwardly anti-China,” and that Japan will be “somehow miraculously left off the hook,” he said. Though Japan has already pledged to double defense spending to 2% of gross domestic product by 2027, “that’s probably not going to be enough to satisfy Trump,” Boling said. While Abe was “extraordinarily skillful” in dealing with Trump, Ishiba has a different personality, Boling said.

Persons: Shigeru Ishiba, Ishiba, Donald Trump, Yoshihiko Noda, ” Ishiba, Yuichi Yamazaki, Trump, Koichi Nakano, Shinzo Abe, ” Nakano, David Boling, “ that’s, ” Boling, Joe Biden, Kamala Harris, Takahiro Mori, Abe, Boling, “, I’m, Jeff Kingston, ” Kingston, Arata Yamamoto, Jennifer Jett, Peter Guo Organizations: Lawmakers, Liberal Democratic Party, Constitutional Democratic Party, Getty, Trump, Japan Relations, NBC News, U.S, Eurasia Group, Nippon, Pittsburgh, . Steel, Democratic, Nippon Steel, United Steelworkers, ”, Japan Locations: TOKYO, Japan, Washington, Tokyo, China, Russia, North Korea, U.S, York, Japanese, Pittsburgh, ” Japan, United States, Temple, Hong Kong

Pennsylvania's hotly contested Senate race hangs in the balance nearly a week after Election Day, with Republicans declaring victory and Democrats holding out hope that the remaining batch of outstanding ballots will allow them to close the gap. A McCormick victory would further pad Republicans' newfound majority in the Senate, where they will hold at least 52 seats after the election. But even before the new Congress is sworn in next January, the outcome of the Pennsylvania race could have implications for the Senate leadership elections Wednesday. Pennsylvanians can cast provisional ballots when officials are unclear about their eligibility or there were issues with their returned mail-in ballots. McCormick’s campaign filed two lawsuits Friday challenging an estimated 15,000 to 20,000 provisional ballots in Philadelphia that may have issues, such as missing signatures.

Persons: Pennsylvania's, Democratic Sen, Bob Casey, Dave McCormick, McCormick, Casey, Sen, Casey's, Maddy McDaniel, Donald Trump's, Mitch McConnell, Chuck Schumer, John Thune of, Schumer, ” Sen, Tom Cotton, Alex Nguyen, Ruben Gallego, Republican Kari Lake, McCormick’s, John Fetterman, Republican Mehmet Oz, What’s, Kamala Harris Organizations: NBC News, Democratic, Associated Press, GOP, Fox News, Senate, Republicans, Arizona Democratic, Republican, NBC, U.S, Supreme, Pennsylvania, Trump Locations: Washington, Philadelphia, Pennsylvania, Kentucky, John Thune of South Dakota

☆ Gold extends decline; investors await U.S. data, Fed comments
▼ + stars: | 2024-11-11 | by ( ) www.cnbc.com time to read: +2 min

Gold prices fell for a second straight session on Monday, while investors prepared for U.S. economic data and comments from Federal Reserve officials this week for more clarity on the future direction of U.S. interest rates. Gold prices fell for a second straight session on Monday, while investors prepared for U.S. economic data and comments from Federal Reserve officials this week for more clarity on the future direction of U.S. interest rates. "We may expect the Fed to be more cautious in its easing process ahead, which could cap gold prices," Yeap said. Several Federal Reserve officials, including Chair Jerome Powell, are scheduled to speak this week. Additionally, U.S. consumer and producer price index data, weekly jobless claims and retail sales figures are due this week.

Persons: Yeap Jun Rong, Donald Trump's, Yeap, Bullion, Jerome Powell Organizations: Federal Reserve, Traders Locations: Beijing

☆ Elon Musk has named his top choice for Senate majority leader
▼ + stars: | 2024-11-11 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +5 min

Elon Musk wants Rick Scott to be the next Senate majority leader. "Rick Scott for Senate Majority Leader!" Rick Scott for Senate Majority Leader! Both Cornyn and Thune served as deputies to McConnell when he was Senate majority leader. AdvertisementPresident-elect Donald Trump has yet to endorse a candidate, but wrote in an X post on Sunday that the next Senate majority leader should support his recess appointments.

Persons: Elon Musk, Rick Scott, Scott, John Cornyn, John Thune, Mitch McConnell, —, Elon, Sen, Rick Scott of, lpT34yHTKk — Elon, John Thune of, John Cornyn of, Mitch McConnell of, Cornyn, Thune, McConnell, Donald Trump, Musk, — Donald J, Scott's, Trump, Volodymyr Zelenskyy, Recep Tayyip Erdogan, Zelenskyy Organizations: Service, GOP, Musk, Business, Republican Party clinched, United States, Trump, SpaceX, America PAC, PAC, The New York Times Locations: Rick Scott of Florida, John Thune of South Dakota, John Cornyn of Texas, Mitch McConnell of Kentucky, Turkish, Ukraine

☆ A history professor who accurately predicted 9 of the last 11 elections said he got death threats after getting his 2024 race bet wrong
▼ + stars: | 2024-11-11 | by ( Aditi Bharade | ) www.businessinsider.com time to read: +2 min

Lichtman, who has accurately predicted nine elections to date, called a Harris win in September. He said he's received death threats and that there were two break-in attempts on his home. AdvertisementAllan Lichtman, the history professor who correctly predicted nine of the last 11 presidential elections, said he's received death threats after wrongly predicting 2024's results. Lichtman predicted a win for Vice President Kamala Harris over her opponent, former President Donald Trump, in September. "We've faced death threats, doxxing, swatting and intimidation at our doorstep.

Persons: Allan Lichtman, Lichtman, he's, —, Kamala Harris, Donald Trump, We've, Harris Organizations: Harris, Service, American University, Washington, DC Metropolitan Police Department, Business, YouTube, The New York Times, Trump, Republican

☆ Dollar braces for U.S. inflation data and several Fed speakers
▼ + stars: | 2024-11-11 | by ( ) www.cnbc.com time to read: +3 min

The dollar started in a cautious mood on Monday as markets braced for U.S. inflation data and a throng of Federal Reserve speakers this week, while the yuan nursed a hangover from Beijing's latest underwhelming stimulus package. The dollar started in a cautious mood on Monday as markets braced for U.S. inflation data and a throng of Federal Reserve speakers this week, while the yuan nursed a hangover from Beijing's latest underwhelming stimulus package. Reports on retail sales and industrial output due Friday should show whether Beijing's various attempts at stimulus are having any real effect on demand. The dollar stood at 7.1970 yuan , having jumped 0.7% on Friday, and looks set to again test the 7.2000 barrier. The dollar index was a fraction firmer at 105.00, after gaining 0.6% last week mainly against the euro.

Persons: Olaf Scholz, Donald Trump's, Michael Feroli, Jerome Powell, cryptocurrencies Organizations: Federal Reserve, New, U.S, Fed Locations: China, New Zealand

☆ Oppenheimer raises S&P 500 2024 forecast to highest on Street on removal of election uncertainty
▼ + stars: | 2024-11-11 | by ( Samantha Subin | ) www.cnbc.com time to read: +2 min

Oppenheimer sees more upside ahead for the S & P 500 now that the presidential election is over. The firm lifted its price target on the broad index to 6,200 from 5,900, reflecting 3.5% upside from Friday's close. .SPX YTD mountain S & P 500's year-to-date performance According to Stoltzfus, the election helped rid the market of lingering uncertainties and ushered in a "sigh of relief rally." The S & P 500 surged more than 4% last week, marking its biggest weekly advance in over a year. Oppenheimer retained its earnings estimates for the year, noting that the S & P 500 companies reporting so far have signaled "robust" quarters.

Persons: Oppenheimer, John Stoltzfus, Stoltzfus, Donald Trump's Organizations: CNBC Pro's, Fed Monetary

☆ Elon Musk and MAGA's next big fight: Who replaces Mitch McConnell?
▼ + stars: | 2024-11-11 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +5 min

Elon Musk and other MAGA figures are onto a new fight: Who will be the next Senate Majority Leader. John Thune and John Cornyn. AdvertisementWith President-elect Donald Trump now on his way to the White House, his allies are settling on a new target: Getting a loyalist installed as Senate Majority Leader. Ahead of Mitch McConnell's long-awaited retirement from leadership, Republicans are set to choose a new leader on Wednesday of this week. John Thune of South Dakota, John Cornyn of Texas, and Rick Scott of Florida.

Persons: Elon Musk, MAGA, Sen, Rick Scott, Sens, John Thune, John Cornyn, Trump, —, Donald Trump, Mitch McConnell's, John Thune of, John Cornyn of, Rick Scott of, Scott, Tucker Carlson, Robert F, Kennedy, Jr, Scott isn't, Kevin McCarthy, there's Elon Musk, Musk, Elon, Trump's, Cornyn, they'll, McConnell, that's, That's Organizations: Service, White, Republicans, Trump, GOP, Business, Senate Trump, Capitol, Republican, Punchbowl News Locations: Sens, John Thune of South Dakota, John Cornyn of Texas, Rick Scott of Florida, Florida, Texas, Ukraine

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