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☆ Baby-boomer homeowners got rich from skyrocketing house prices. Now they can't find retirement housing.
▼ + stars: | 2024-11-29 | by ( Eliza Relman | ) www.businessinsider.com time to read: +5 min

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

☆ Georgia rocked by fierce protests after government puts EU hopes on ice
▼ + stars: | 2024-11-29 | by ( Christian Edwards | ) edition.cnn.com time to read: +5 min

After years of moving closer towards Europe – and securing EU candidate status late last year – Georgian Dream has taken a sharp authoritarian turn. Georgian Dream claimed victory with 54% of the vote, but opposition parties claimed the election was rigged. “I’ve seen a lot of protests in Georgia: during this government, the previous government – I also remember some from Soviet times. Bidzina Ivanishvili, founder of Georgian Dream, with Prime Minister Irakli Kobakhidze after exit polls were announced in Tbilisi, October 26, 2024. But the government’s halting of the country’s EU bid appears to have sparked the protest movement into life.

Persons: Salome Zourabichvili, ” Zourabichvili, Giorgi Arjevanidze, Zourabichvili, Irakli Kobakhidze, Nicoloz, ”, Ketevan, ” Chachava, ” Tsotne, “ I’ve, –, Bidzina Ivanishvili, Salome Khvaratskelia, Khvaratskelia, Vladimir Putin Organizations: CNN, European Union, . Police, Western, Getty, Europe –, EU, Georgian, Georgia’s European Union, ” CNN, Police, Protesters, Democratic, Center for, United National Movement Locations: Georgia, Soviet, Georgian, Tbilisi, AFP, Russia, backsliding

☆ I put my dreams on hold for a stable career in finance. 6 years in, I gave up my 6-figure salary to move to Hawaii and start over.
▼ + stars: | 2024-11-29 | by ( ) www.businessinsider.com time to read: +6 min

AdvertisementAdam Knorr left a lucrative finance career to pursue writing in Hawaii in 2022. Related VideoI graduated with a journalism degree, but my brother worked in finance in Nashville. AdvertisementI spent day after day locked in my bedroom in Hawaii — just me and the geckos — sending cold emails and LinkedIn messages. AdvertisementI started writing a book in Hawaii before moving to MichiganWhile in the work-stay program, I wrote some email copy for the farm. Worst-case scenario 2: I try to write, fail, and get another finance job.

Persons: Adam Knorr, Knorr, I'd, I've, it's, —, Tim Ferriss, could've Organizations: Dodge Challenger, I'm Locations: Hawaii, Nashville, Hawaii —, Michigan

☆ WSA, A Manhattan Office Tower Becomes an Unlikely ‘It’ Building
▼ + stars: | 2024-11-29 | by ( Jessica Iredale | ) www.nytimes.com time to read: +1 min

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

☆ Turkey angles for Trump to break the deadlock on F-35 purchases
▼ + stars: | 2024-11-29 | by ( ) www.businessinsider.com time to read: +7 min

Turkey wants the F-35s and may be willing to move the Russian air defenses that triggered the ban. Until five years ago, Turkey had planned to buy 100 of Lockheed Martin's F-35 stealth jets to modernize its air force. According to Bloomberg, Turkey may agree to restrict its Russian S-400s air defenses in return for the US lifting sanctions. Advertisement"So, it will remain to be seen if Trump can overcome these institutional hurdles to a sale to Turkey," Bohl told BI. The intervening Ukraine war, where Russian S-400s suffered losses, could reduce the value Turkey sees in them.

Persons: Lockheed Martin's, Trump, Recep Tayyip Erdogan, Donald Trump, Suleyman Ozeren, Ali Bakir, Erdogan, Bakir, Ozeren, Benjamin Cooper, US Air Force Ryan Bohl, RANE, Marco Rubio, Bohl, Mark Esper, Lockheed Martin, Paul Iddon Organizations: Trump, Lockheed, Bloomberg, Russian, American University, Orion Policy Institute, Ibn Khaldon, Security Initiative, US Air Force, East, Washington, Pentagon, Northrop Grumman, BAE Systems, Pratt & Whitney, RTX Corporation, Ukraine, Iran Locations: Turkey, Ankara, Washington, Incirlik, Qatar, Turkish, North Africa, Russia, China, Ukraine, Russian

☆ I'm the youngest of 4 kids: Here are 4 key lessons about money and success I picked up from my older siblings
▼ + stars: | 2024-11-29 | by ( Kamaron Mcnair | In Kamaronmcnair | ) www.cnbc.com time to read: +5 min

But it's not because I got any special treatment from my parents or had fewer rules at home, as older siblings often lament. I have three older siblings: Kari, who's nine years older than me; Zack, who's seven years older; and Kassidy, who's two years older. Like many people, I learned my earliest money lessons at home, and I'm grateful to have witnessed my siblings go through various financial events, from taking out student loans to managing credit card debt. Here are four money lessons I learned from my older siblings. For some families, private loans are the only choice to pay for college, as they were for my siblings.

Persons: Kari, who's, Zack, Zack weren't, Sallie Mae, didn't, Kassidy, I'm, Skip Organizations: Public

☆ Trump will decide the future of government money for healthcare plans. Letting it expire could save money, but the middle class might pay more.
▼ + stars: | 2024-11-29 | by ( Allie Kelly | ) www.businessinsider.com time to read: +6 min

Biden's enhanced ACA subsidies, which lowered premiums for the middle class, will expire in 2025. Biden's expansion increased the financial assistance for people already on ACA plans and lifted the income eligibility cap for those benefits. Related storiesHow ending ACA subsidies would impact Americans and government spendingEnding subsidies would be cheaper for the government and taxpayers. Some Republicans like Vice President-elect JD Vance have said they want to inject needed competition into the health insurance marketplace. Still, Young said letting the ACA subsidies expire will likely mean that healthcare will become more expensive for millions of people.

Persons: Donald Trump, Joe Biden's, Trump, —, Gary Young, Young, JD Vance, it's, KFF, Elon Musk, Vivek Ramaswamy, Robert F, Kennedy Jr, Mehmet Oz, Kennedy, Oz Organizations: Trump, White, Affordable, Medicaid, Republican, Biden, Congressional, Office, ACA, Northeastern University's Center for Health, Healthcare Research, Republicans, of Treasury, Children's Health Insurance, Centers for Disease Control, Social Security, GOP, of Government, Department of Health, Human Services, Centers, Medicare, Services, Forbes Locations: Federal

From trendy, size-inclusive jeans to cozy sweaters and cold-weather layers, you'll find us stocking up during Abercrombie's Black Friday sale. We're rounding up all the best deals from across the internet throughout the weekend, so be sure to keep an eye on our best Black Friday deals hub. Abercrombie & Fitch Ultra Puffer $120.00 $160.00 Save 25% “I’ve been buying Abercrombie & Fitch winter coats for years, and I’ve never been disappointed in a purchase," says freelance writer Talia Ergas. Black Friday is one of the best times to shop at Abercrombie, thanks to a site-wide sale and double discounts. Check out our roundup of all of the best Black Friday deals.

Persons: you'll, Abercrombie, You'll, I’ve, Talia Ergas, Puffer, Pick Abercrombie, Sally Kaplan, I'm, Fitch Abercrombie, Fitch, Jean, Amir Ismael, sweatshirt, Abercrombie Abercrombie, Abercrombie ? Organizations: Business, Abercrombie's, Abercrombie, Abercrombie & Fitch, Fitch, Fitch New York Jets Locations: Abercrombie

☆ How will Beijing respond to Trump’s cabinet of China hawks?
▼ + stars: | 2024-11-29 | by ( Nectar Gan | ) edition.cnn.com time to read: +11 min

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

☆ Canada's Prime Minister argues Donald Trump's tariff plan will hurt Canadians and Americans
▼ + stars: | 2024-11-29 | by ( Jordan Pandy | ) www.businessinsider.com time to read: +3 min

AdvertisementTrump vowed to impose tariffs on Canada and Mexico on his first day in office. Canada's prime minister Justin Trudeau warned tariffs will harm both Canadian and American consumers and industries. Canadian Prime Minister Justin Trudeau responded to President-elect Donald Trump's Monday vow to impose tariffs on Canada and Mexico on day one in office. Trump plans to impose 25% tariffs on goods coming from the northern and southern neighbors of the US. Mexico's President Claudia Sheinbaum Pardo has already said that her country would impose tariffs on the US if Trump goes through with his plan.

Persons: Trump, Justin Trudeau, Trudeau, Donald Trump's, who's, Prince Edward Island, Trump's, Claudia Sheinbaum Pardo, Sheinbaum Organizations: Associated Press, Trump, Bloomberg, North American Free Trade, AP, Business Insider, Toronto Region Board of Trade Locations: Canada, Mexico, Prince Edward, United States, Palm Beach, Toronto

☆ JPMorgan's top biotech stock picks for 2025 as sector looks for a comeback year
▼ + stars: | 2024-11-29 | by ( Sean Conlon | ) www.cnbc.com time to read: +4 min

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

☆ China plans to restrict exports of a critical metal. But the market isn't that worried
▼ + stars: | 2024-11-29 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +5 min

Stringer | ReutersBEIJING — China will start limiting exports of critical metal tungsten this weekend, just as alternatives to Chinese suppliers of the metal are reopening. watch nowEcclestone pointed out that tungsten prices have not reacted much to China's announcement. While China restricts tungsten exports, the U.S. increased tariffs on Chinese tungsten by 25% in September. Demand for tungsten in and outside China is expected to rise, keeping tungsten prices elevated in the near term, said Emre Uzun, ferro-alloys and steel analyst at Fastmarkets. But starting late next year, he expects increased non-China supply to help stabilize raw tungsten prices.

Persons: Stringer, —, Christopher Ecclestone, Ecclestone, Trump, Cullen, Hendrix, Almonty, Lewis Black, Jeong Kwang, Gracelin Baskaran, Emre Uzun Organizations: Reuters, —, Ministry of Commerce, U.S . Defense Department, Hallgarten & Company, Peterson Institute for International Economics, Almonty Industries, CNBC, Almonty, Bank, Center for Strategic, International Studies, South, . Geological Survey Locations: Lianyungang, Jiangsu province, China, Reuters BEIJING, U.S, South Korea, Canada, Seoul, Gangwon, Portugal, Sangdong, Kazakhstan, Australia, Spain

☆ What the NCAA says about transgender athletes amid the San Jose State controversy
▼ + stars: | 2024-11-29 | by ( Andy Rose | ) edition.cnn.com time to read: +8 min

It would be another 12 years before the NCAA made a major revision to its rules on transgender athletes. The Independent Council on Women’s Sports is financing a class-action lawsuit against the NCAA over its policy on transgender women athletes. Those pushing for acceptance of trans athletes in competitive sports argue there is no evidence showing transgender women have an advantage. But the rules of World Aquatics bar transgender athletes from competition unless they have not experienced biological puberty. And like cisgender athletes, trans athlete’s abilities vary.

Persons: Todd Kress, Lia Thomas, Kye, Allums, Mark Emmert, ” Emmert, “, Marshi Smith, Thomas, Thomas ’, they’ve, ”, DJ Oberlin Organizations: CNN, San Jose State University, NCAA, Spartans, San, ESPN, University of Pennsylvania, George Washington University women’s, U.S ., Governors, of Governors, Independent, Women’s Sports, National Association of Intercollegiate Athletics, “, Ivy League, Penn’s, Sports, Aquatics, Sport, Sports Medicine, British, of Sports Medicine, Air Force Locations: Las Vegas, San, San Jose State, Boston

☆ Who gets weight loss drugs covered by insurance? In North Carolina, being on Medicaid helps
▼ + stars: | 2024-11-28 | by ( Melba Newsome | Kff Health News | ) www.nbcnews.com time to read: +7 min

“This exceeds the amount the State Health Plan spends on cancer, rheumatoid arthritis, and chemotherapy medications,” the State Health Plan said in a March statement. The health plan’s board of trustees eliminated coverage of this class of medications for weight loss starting in April. “They know diets don’t work long-term for weight loss, yet they are denying coverage for a medication that has been effective,” Blanchard said. But patients typically need to stay on the medications to maintain their weight loss, meaning they face long-term costs. Besides making the medication more affordable, he said, it should encourage the use of weight loss drugs and treatment of obesity as a chronic disease instead of stigmatizing it as a moral failing.

Persons: Anita Blanchard, Charlotte, —, Blanchard, ”, “, Biden, ” Blanchard, Donald Trump, Ozempic, Nishant Shah, Kody Kinsley, doesn’t, ” Kinsley, Kinsley, “ We’re, Duke’s Shah, ” Shah, Melissa Jones, ‘, ’ ” Jones, Blanchard can’t Organizations: University of North, North Carolina, Health, State Health, West Virginia, Medicare, Services, Duke University, North Carolina Department of Health, Human Services, University of Chicago Locations: University of North Carolina, North Carolina, North, West, Connecticut, Carolina, U.S

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

“Conclave” could hit the sweet spot for Oscar voters, with its blend of taut airport paperback thrills and contemporary social relevance. The first “Dune” scored 10 nominations at the 94th Academy Awards in 2022 and won six awards that night — the most of any movie in contention — including best sound, best production design, best cinematography, best film editing and best visual effects. Villeneuve is also a favorite with Oscar voters thanks to previous nominated titles like “Sicario,” “Arrival” and “Blade Runner 2049.”How to watch: Stream on Max. ‘Gladiator II’Ridley Scott’s “Gladiator” conquered the Academy Awards more than 23 years ago, winning five trophies, including best picture and best actor, for Russell Crowe. ‘Wicked’The most inescapable blockbuster of the holiday season could cast a spell on Oscar voters.

Persons: publicists, —, “ Oppenheimer ”, ”, Debra Birnbaum, ‘ Anora, Mark Eydelshteyn, Mikey Madison, Sean Baker's, Sean Baker, “, “ Anora ”, Palme, Baker, Bong, ’ Brady Corbet, Mona Fastvold, Adrien Brody, Corbet, Steve McQueen, Saoirse Ronan, Elliott Heffernan, Edward Berger, Ralph Fiennes, Stanley Tucci, John Lithgow, It’s, Oscar, ” Denis, Timothée Chalamet, Villeneuve, ‘ Emilia Pérez ’, Jacques Audiard’s “ Emilia Pérez, Emilia Pérez ”, Karla Sofía Gascón, Selena Gomez, Adriana Paz, Zoe Saldaña —, ’ Ridley Scott’s, Russell Crowe, Scott, Paul Mescal, Pedro Pascal, Connie Nielsen, RaMell Ross, Dozier, Ross, Colson Whitehead, Jesse Eisenberg, Kieran Culkin, ” Eisenberg, Eisenberg, Oscar prognosticators, Culkin, HBO’s, Peter Sarsgaard, Roone Arledge, John Magaro, Ben Chaplin, Greg Kwedar, Colman Domingo, Paul Raci, Jon, Adrian “ J.J, ” Velazquez, NBC’s “, Cynthia Erivo, Ariana Grande, Nicole Kidman, Harris Dickinson, ” Luca Guadagnino’s, James Mangold’s “, Bob Dylan, ” Malcolm Washington’s, Mohammad Organizations: Cannes Film, Cannes, Lion, Apple, Oscar, NBC News, Comcast, Netflix, Denzel Washington, Dozier School for Boys, 51st Telluride Film, Sundance, ABC Sports, ABC, Sing Sing, ”, Arts, Universal Pictures, “ Locations: Hollywood, Los Angeles, Florida, Brooklyn, Russian, Hungarian, United States, Venice, America, Nazi, Amsterdam, London, “, Max, Marianna, Poland, Munich, Telluride, Sing, New York, Iran

☆ RFK Jr. attacked the CDC’s ‘fascism’ and likened vaccinating children to abuse by the Catholic Church
▼ + stars: | 2024-11-28 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Brandy-Zadrozny-Circle-Byline-Template.Jpg | Brandy Zadrozny | ) www.nbcnews.com time to read: +13 min

It’s misinformation about autism and mass injury that doctors and public health officials have disproven over and over again. Less attention has focused on the CDC, a public health agency Kennedy has long vilified in speeches and writings. In his 2017 speech, Kennedy criticized ACIP as a group of self-interested actors who base decisions on financial gain instead of public health. “The people who are on ACIP are not public health advocates,” he said. “We would know the answer to that question if we were given access to the vaccine safety database, but they’ve hidden it,” Kennedy said.

Persons: Robert F, Kennedy Jr, ” Kennedy, ’ ” Kennedy, Kennedy, Donald Trump’s, Donald Trump, Matthew Hatcher, Christ, Del Bigtree, Bobby didn’t, ” Bigtree, “, ”, Paul Offit, Dr, Offit, ” Offit, ’, we’re, ACIP, William Thompson, Howard Lutnick, ” Lutnick, Dave Weldon, Tom Williams, Trump, Weldon Organizations: Centers for Disease Control, Catholic Church, CDC, Department of Health, Human Services, Democrat, Getty, Trump, Institutes of Health, HHS, Children’s Health Defense, Vaccine Education, Children’s Hospital of Philadelphia, Drug Administration, RFK, FDA, AAP, American Academy of Pediatrics, American Medical Association, CNN, Capitol, Inc Locations: ”, Arizona, AutismOne, Black

☆ With Trump Returning and Hezbollah Weakened, Iran Strikes a Conciliatory Tone
▼ + stars: | 2024-11-28 | by ( Farnaz Fassihi | ) www.nytimes.com time to read: +1 min

In mid-November, Iran dispatched a top official to Beirut to urge Hezbollah to accept a cease-fire with Israel. Around the same time, Iran’s U.N. ambassador met with Elon Musk, an overture to President-elect Donald J. Trump’s inner circle. And on Friday, it will hold talks in Geneva with European countries on a range of issues, including its nuclear program. All this recent diplomacy marks a sharp change in tone from late October, when Iran was preparing to launch a large retaliatory attack on Israel, with a deputy commander of the Islamic Revolutionary Guards Corps warning, “We have never left an aggression unanswered in 40 years.”Iran’s swing from tough talk to a more conciliatory tone in just a few weeks’ time has its roots in developments at home and abroad. Five Iranian officials, one of them a Revolutionary Guards member, and two former officials said the decision to recalibrate was prompted by Mr. Trump winning the Nov. 5 election, with concerns about an unpredictable leader who, in his first term, pursued a policy of “maximum pressure” on Iran.

Persons: Iran’s U.N, Elon Musk, Donald J, ”, recalibrate, Trump Organizations: Islamic Revolutionary Guards Corps, Revolutionary Guards, Mr Locations: Iran, Beirut, Israel, Geneva

☆ 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

☆ Trump faces a far more emboldened Kim Jong Un this time around
▼ + stars: | 2024-11-28 | by ( Tom Porter | ) www.businessinsider.com time to read: +7 min

AdvertisementTrump has boasted about his chemistry with North Korean dictator Kim Jong Un. Donald Trump has long reminisced about the unlikely bromance he formed with North Korean dictator Kim Jong Un while president. His comments suggest that Trump will find Kim a much tougher and more emboldened character to deal with this time around. North Korea's Kim Jong Un and Russia's Vladimir Putin at a military parade in Pyongyang in June. "Kim likely sees in Trump a once-in-a-lifetime opportunity to remake his country's relationship with the US, and thereby the wider world," said Chan.

Persons: Kim Jong Un, Kim, Donald Trump, Kim Jong, Kim hasn't, Trump, Jeremy Chan, Bruce Bennet, Kim overplayed, Bennet, Kim Jae, Vladimir Putin, Putin, Chan, Daniel Salisbury, Russia's Vladimir Putin, GAVRIIL GRIGOROV, —, Ellen Kim Organizations: Trump, North, North Korean, Eurasia Group, Getty, Reuters, RAND Corporation, UN Security Council, South, Centre for Science & Security, King's College, Center for Strategic, International Studies Locations: North Korean, Korean, Pyongyang, North Korea, Russia, Ukraine, China, Asia, Hanoi, Anadolu, South Korea, King's College London, Trump, Korea

☆ Neom is a '50-plus-year plan,' says Saudi Arabia's finance minister
▼ + stars: | 2024-11-28 | by ( Polly Thompson | ) www.businessinsider.com time to read: +2 min

Neom is one element, and its finance minister said the project is a "very long-term program." Saudi Arabia's finance minister has described the kingdom's ambitious Neom project as a "very long-term program" and returns should not be expected in the coming years. AdvertisementSaudi Arabia forecast a $26.8 billion deficit for 2025, or about 2.3% of GDP, in its Budget statement on Tuesday. The Saudi economy has contracted in recent years as the changes take place and global oil prices have declined. NeomIn 2022, Saudi Arabia was the fastest-growing G20 economy, according to the IMF.

Persons: Mohammed Al Aljaadan, Neom, Aljaadan Organizations: Reuters, IMF, Saudi Locations: Saudi Arabia, Neom, Saudi, Yemen, Saudi's

CNN —Mexican President Claudia Sheinbaum denied proposing to US President-elect Donald Trump that Mexico will close its border with the United States as he claimed in a post on Truth Social. She has agreed to stop Migration through Mexico, and into the United States, effectively closing our Southern Border. We also talked about what can be done to stop the massive drug inflow into the United States, and also, U.S. consumption of these drugs. It was a very productive conversation!” Trump posted on Truth Social. In his comments Wednesday, Trump did not say whether he would stand by the pledge or anything Sheinbaum had said addressed his concerns.

Persons: Claudia Sheinbaum, Donald Trump, ” Sheinbaum, ” Sheinbaum’s, Trump, “, Claudia Sheinbaum Pardo, ” Trump, Sheinbaum, Biden, Joe Biden, “ rethinks, ” Biden, Justin Trudeau, Trudeau, Liu Pengyu, ” Liu, CNN’s Sol Amaya, David Goldman, Betsy Klein, Paula Newton Organizations: CNN, Trump, Mexico, Canadian, Embassy, United States Locations: Mexico, United States, Canada, China, America, Canadian, United

☆ Discovery of fossilized footprints reveals the moment two ancient human species crossed paths
▼ + stars: | 2024-11-28 | by ( Katie Hunt | ) edition.cnn.com time to read: +10 min

CNN —More than 1.5 million years ago, two different species of ancient human crossed paths on a lakeshore, perhaps locking eyes with each other. The researchers found 12 hominin tracks in a line, suggesting they were made by the same individual. “There’s one long trackway with 12 (hominin) footprints in it. We hypothesize that those more humanlike footprints are more likely Homo erectus just because the rest of their anatomy is so human,” Hatala said. Shown here is a fossil footprint hypothesized to have been created by Homo erectus, a species of ancient human.

Persons: CNN —, sapiens, ”, Kevin Hatala, “, Neil T, Roach, Hatala, ” Hatala, you’ve, Harvard University Pristinely, couldn’t, Lucy, Louise N, boisei, bosei, Homo erectus, wasn’t, “ Paranthropus, Kevin G, erectus, Briana, Pobiner Organizations: CNN, Chatham University, Harvard University, Turkana Basin, Stony Brook University, Chatham University Hatala, Smithsonian National Museum Locations: Pittsburgh, Koobi Fora, Lake Turkana, Kenya, Ethiopia, Leakey, Turkana, Siberia

Below, we've rounded up the best deals on pet products we recommend in our buying guides and reviews. View at Chewy What we like Check mark icon A check mark. View at Chewy What we like Check mark icon A check mark. Beneficial for healthy dogs as well as those with inflammatory conditionsCheck mark icon A check mark. Highest concentrations of total omega-3 fatty acids, EPA, and DHACheck mark icon A check mark.

Persons: Inaba, it's, Chewy Organizations: Business, Chewy, Frisco, Black

☆ U.S. stocks too expensive? Morningstar's top exec reveals where he's investing instead
▼ + stars: | 2024-11-28 | by ( Amala Balakrishner | In Amala-Balakrishner | ) www.cnbc.com time to read: +3 min

Attractive returns and a breadth of opportunities are among the reasons the U.S. market historically reigns supreme among investors. However, one market watcher considers U.S. stocks to be expensive and is now seeking opportunities in cheaper markets with what he sees as better risk-adjusted returns. "Many large U.S. stocks appear to be expensive and consequently are offering lower future returns," Morningstar analysts wrote in a 2025 outlook report. 'Attractive pockets' Going forward, Morningstar's top executive is optimistic on markets like Japan and China which present "attractive pockets" of opportunity. 'Pockets of undervaluation' Over in Japan, Kapoor likes that the market offers "pockets of undervaluation."

Persons: Kunal Kapoor, I'm, Kapoor, Morningstar, Warren Buffett Organizations: CNBC Pro, Morningstar, China Holdings, Tokyo Stock Exchange, Nippon ISA Locations: U.S, Japan, China

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