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☆ Europe could try to stop — or get around — damaging Trump tariffs
▼ + stars: | 2024-11-11 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +6 min

Critics of the proposed tariffs say the policy could lead to higher prices for U.S. consumers. That leaves Asia and Europe having to quickly consider ways to mitigate the future impact of export tariffs, and whether to retaliate or to try to negotiate a get-out deal. But economists also say that the EU could try to use the carrot instead of the stick with the U.S., suggesting there are three other ways Europe might try to stop, limit or avoid Trump's likely tariff policy altogether. German Chancellor Angela Merkel deliberates with U.S. President Donald Trump during the G-7 summit in Canada on June 9, 2018. Jesco Denzel | Bundesregierung | Getty ImagesWhether there Europe can reach consensus on how or whether to do a deal with Trump is debateable, however.

Persons: Caitlin Ochs, Reuters Donald Trump's, Europe scrabbling, Trump, Flach, Donald Trump, Jean, Claude Juncker, Andrew Kenningham, Didier Lebrun, Photonews, Mujtaba Rahman, Ursula von der, Von der, Joe Biden, Kenningham, Angela Merkel deliberates, Denzel, Carsten Brzeski, Emmanuel Macron, Angela Merkel, There's Organizations: Reuters, Trump, ING, Germany's, International Economics, Germany, U.S, EU, Capital Economics, European Union, Getty, Eurasia Group, Sustainable Steel, US Trade, Technology Council, Bundesregierung Locations: Upper Bay, New York, U.S, Europe, EU, China, Asia, Germany, Ukraine, Canada, France

☆ My teenage daughter backpacked alone through Europe. Despite my worry, I'd let her do it again.
▼ + stars: | 2024-11-10 | by ( Elise Seyfried | ) www.businessinsider.com time to read: +5 min

She told me she wanted to travel through Europe for three months with her own money. It was so hard for me to let go of that fear while raising my five kids. She'd been working and, with her saved money, Julie wanted to travel solo through Europe for three months. I had to learn to trust herI continued to worry daily during those months, but I had to learn to let go and trust my daughter. I've asked myself: If I had it to do over again, would I still let 18-year-old Julie travel alone through those 11 countries so far from home?

Persons: —, Julie, She'd, Patrick, Sheridan's, it's, I've Organizations: Service, Newark , NJ Locations: Europe, Texas, Newark ,, Rome, Venice, Budapest, Vienna, Luzern, Switzerland, Marburg, Germany, Finland, WhatsApp, Florence, Salzburg, Prague's, Paris, New York City, Brooklyn, New Yorker

☆ 3 individuals who turned their reselling side hustles into full-time gigs share their strategies for finding profitable products
▼ + stars: | 2024-11-10 | by ( Kathleen Elkins | ) www.businessinsider.com time to read: +6 min

BI has spoken with entrepreneurs who make money buying and reselling items on sites like eBay. AdvertisementBusiness Insider has spoken with a handful of individuals who have had so much success reselling items as a side hustle that they quit their day jobs to do it full-time. Richard S. advises looking at what is selling well by browsing the "sold items" section of your category on eBay for 30 minutes a day. In the reselling business, "it doesn't matter what I think is cool," he said. Richard S. inside his vintage clothing store, The Spot, in Coral Springs, Florida.

Persons: —, Richard S, curating, Kendall VanGilder, Antonia Wade He, Val Zapata, VanGilder, Zapata, Val Zapata Richard S, Ralph Lauren, he's, Roger Federer, Rafael Nadal, she'll, I'd, He's Organizations: eBay, Service, Nike Locations: Lululemon, Germany, Coral Springs , Florida

☆ A worsening kind of Russian warfare was on display in the US presidential election, but it's a much bigger problem
▼ + stars: | 2024-11-09 | by ( Chris Panella | ) www.businessinsider.com time to read: +8 min

Russia's hybrid warfare tactics against the US and Europe are reaching new levels. AdvertisementRussian disinformation and interference — hybrid warfare tactics — are on the rise and again showed up in the US presidential election, but this is a problem for more than just America. Russian tactics were on full display in the 2024 US presidential election. AdvertisementMore than an American problemThis hybrid warfare is a broader problem for other Western countries, too. Moldova's pro-EU incumbent president, Maia Sandu, won reelection despite Russian efforts to sway the election.

Persons: —, Mark Rutte, Clinton, Mikhail Svetlov, it's, Doug Livermore, Donald Trump, Lev Radin, Trump, Livermore, Russia's, Maia Sandu, Daniel MIHAILESCU, Harris, Kamala Harris, Joe Biden, aren't Organizations: Service, NATO, FBI, State, intel, Getty, Irregular Warfare, National Intelligence Council, US intel, Infrastructure Security Agency, Ukraine, Moldovan, Union, Xinhua News Agency Locations: Europe, Russia, Moscow, Russian, Washington, China, Iran, US, Republic of Georgia's, France, Germany, AFP, Beijing, North Korea, America

In President-elect Trump, these ascendant insurgents across the pond see a key ally, someone who shares their mix of authoritarianism, populism and extreme hostility to immigration. “We have big plans for the future!” posted Hungary’s Prime Minister Vikor Orbán, an influential Trump friend and ally, calling it “a much needed victory for the World!”Orban visited Trump at his Mar-a-Lago resort in Florida earlier this year. Hungarian Prime Minister Viktor Orban at an EU Summit in Budapest on Friday. The AfD is an anti-immigration, anti-Muslim political party that is being monitored by the country’s domestic intelligence agency for suspected extremism — something it denies. Argentina’s far right, libertarian president, Javier Milei, told Trump he could “count on Argentina to carry out your task.” And Israel’s ultranationalist National Security Minister Itamar Ben-Gvir reacted with a “Yesssss.”

Persons: Donald Trump’s, ”, Vikor Orbán, Trump, ” Orban, András, “, László, aren’t, Viktor Orban, Petr David Josek, Geert Wilders, Giorgia Meloni, Alice Weidel, Stefan Keuter, Christoph Reichwein, Siegbert Droese, ” Stefan Keuter, Vladimir Putin, Putin, Keuter, “ Trump, Javier Milei, Itamar Ben, Gvir Organizations: Trump, Hungary’s, Fidesz, NBC, EU, Washington, WIN, Getty, NBC News, Young Republicans, Nazi, National Locations: Lago, Florida, Budapest, Netherlands, Italy, Washington, Rome, Germany, Essen , Germany, Ukraine, Europe, Argentina

☆ Mubi cancels film festival in Turkey after Daniel Craig film ‘Queer’ is banned
▼ + stars: | 2024-11-08 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Variety-Live-Blog-Byline-Image.Png | ) www.nbcnews.com time to read: +2 min

“Queer” — releasing in the U.S. with A24 — world premiered in Venice to positive reviews. After the festival, Mubi acquired the film for multiple territories, including the U.K., Ireland, Canada, Latin America, Germany, Austria, Benelux, Spain, Turkey and India and all rights excluding theatrical in Italy. This ban not only targets a single film but also undermines the very essence and purpose of the festival. For this reason, MUBI has decided to take the position that our audience expects from us. It is with deep regret that we inform you of our decision to cancel the entire MUBI Fest Istanbul.

Persons: Mubi, Luca Guadagnino’s “, William S, Burroughs, Daniel Craig, —, MUBI, ” Organizations: Fest, MUBI Fest Locations: Turkey, Fest Istanbul, Mexico, U.S, Venice, Ireland, Canada, Latin America, Germany, Austria, Benelux, Spain, India, Italy, MUBI, MUBI Fest Istanbul, Kadıköy District Governorate, Istanbul

☆ European markets expected to open in mixed territory after Fed, Bank of England cut interest rates
▼ + stars: | 2024-11-08 | by ( Sam Meredith | ) www.cnbc.com time to read: +1 min

Skyscrapers on the skyline in the financial district of Frankfurt, Germany, on Monday, Nov. 4, 2024. European markets were expected to open in mixed territory on Friday, as investors awaited corporate results and reacted to quarter-point interest rate cuts from the U.S. Federal Reserve and Bank of England. It comes as market participants continue to take in political upheaval in Germany and Donald Trump's historic presidential election victory this week. Elsewhere, Asia-Pacific markets were mixed on Friday, with investors closely monitoring the final day of China's National People's Congress, which is expected to announce fiscal stimulus measures. On Wall Street, U.S. stock futures gained marginally after the S&P 500 and Nasdaq Composite notched fresh records in a post-election rally.

Persons: Germany's DAX, Donald Trump's, Chancellor Olaf Scholz, Christian Linder, Scholz Organizations: U.S . Federal Reserve, Bank of England, France's CAC, IG, People's Congress, Nasdaq Locations: Frankfurt, Germany, Asia, Pacific, U.S

☆ Ukraine keeps finding Western parts in Russia's weapons, this time in the wreckage of its new heavy Hunter drone
▼ + stars: | 2024-11-08 | by ( Jake Epstein | ) www.businessinsider.com time to read: +4 min

Ukraine said it found Western-made parts in the wreckage of a new Russian drone. The reported find marks the latest discovery of Western parts inside Russian weapons. AdvertisementUkraine said on Friday that it found Western-made parts inside the wreckage of a new heavy Russian combat drone that crashed last month. Ukraine uploaded purported evidence of the Western-made parts to a government portal, where several other companies were listed. Ukrainian service members inspect parts of a Russian S-70 drone in eastern Ukraine on October 5.

Persons: Hunter, —, Russia's, Nuzhnenko, HUR, Lockheed Martin, Russia's Okhotnik, it's Organizations: Service, Devices, Texas Instruments, AMD, Infineon Technologies, Business, Russian Defense Ministry Press Service, AP Infineon, Royal United Services Institute, Radio Free, Radio Liberty, Lockheed Locations: Ukraine, Russian, Europe, US, Germany, STMicroelectronics, Switzerland, Russia, Radio Free Europe, Ukrainian, Kostyantynivka, Ukraine's Donetsk

☆ CEOs around the world started talking about Trump's tariffs as soon as he won
▼ + stars: | 2024-11-08 | by ( Polly Thompson | ) www.businessinsider.com time to read: +8 min

It is months before Trump's inauguration, but tariffs are already on the lips of global business leaders. AdvertisementAs soon as Donald Trump won reelection, CEOs worldwide discussed his plans for a new era of global tariffs. AdvertisementOn Wednesday, Oliver Zipse, chairman of BMW, downplayed fears over tariffs during a third-quarter earnings call, citing the company's large US business. Advertisement"Politics is politics," Ikea's CEO, Jesper Brodin, told Business Insider when asked about how Trump's tariffs would affect international business. Soon after Trump's departure from the White House, the two sides ended their dispute and axed the tariffs, but renewed tariffs could lead to issues once again.

Persons: Donald Trump, Ralph Lauren, —, Trump, he'd, John Deere, Trump's, Shinju Aoyama, Aoyama, Shinji Aoyama, YOSHIKAZU, Piyush Gupta, Gupta, Europe Trump, Davidson, Oliver Zipse, Zipse, Maja Hitij, Arne Freundt, Freundt, Jesper Brodin, Guillaume Faury, Faury, OZAN KOSE, Martin Sorrell, Sorrell, Justin Picicci, Ralph Lauren's, Picicci, Timothy Boyle Organizations: BMW, Airbus, Ikea, Service, Biden, Japan's Honda Motors, Honda, Getty, DBS, Mercedes, Volkswagen, Puma, European Union, Boeing, EU, White, North, Columbia, Washington Post Locations: China, Mexico, Europe, AFP

☆ Cargo plane operators are on high alert after a string of suspected Russian sabotages
▼ + stars: | 2024-11-08 | by ( Rebecca Rommen | ) www.businessinsider.com time to read: +6 min

Fires at DHL warehouses this year may have been part of Russian sabotage operations, officials have said. AdvertisementSuspected Russian sabotage activities targeting the air freight industry have been on the rise this year, and the industry is preparing for further action. Speaking a few months after the DHL fires, the chief of the UK's MI6 intelligence service, Richard Moore, said he believed Russian intelligence services had "gone a bit feral." AdvertisementKremlin Spokesman Dmitry Peskov has denied Russia's involvement in sabotage operations in Europe. The Federal Office for the Protection of the Constitution, Germany's domestic intelligence services, and the BND declined to comment further.

Persons: —, Brandon Fried, Fried, Thomas Haldenwang, Haldenwang, Frank Umbach, Umbach, Richard Moore, Shashank Joshi, Joshi, Dmitry Peskov, KIRILL KUDRYAVTSEV, Keir Giles, Giles, that's Organizations: DHL, Service, Airforwarders Association, Street Journal, Financial, Energy, Security, University of Bonn, Rheinmetall, Royal United Services Institute, NATO, Military Counterintelligence Service, Federal Office, Getty Images, Chatham House's, Eurasia Program Locations: Europe, Russia, Moscow, Germany, America, Leipzig, Birmingham, Lithuania, North America, Russian, Ukraine, AFP, Chatham House's Russia

☆ 'We have huge structural problems' in Germany, says former Christian Lindner advisor
▼ + stars: | 2024-11-08 | 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'We have huge structural problems' in Germany, says former Christian Lindner advisorLars Feld, former advisor to former Finance Minister Christian Lindner and director of the Walter Eucken Institute, discusses the breakup of the German coalition.

Persons: Lindner, Lars Feld, Christian Lindner, Walter Eucken Organizations: Finance, Walter, Walter Eucken Institute Locations: Germany

☆ German government should be settled before Trump administration takes office, former U.S. ambassador says
▼ + stars: | 2024-11-08 | 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 EmailGerman government should be settled before Trump administration takes office, former U.S. ambassador saysJames Bindenagel, visiting distinguished fellow at the German Marshall Fund and former U.S. ambassador to Germany, weighs in on what should happen next in German politics amid government turmoil.

Persons: James Bindenagel Organizations: Trump, German Marshall Fund Locations: U.S, Germany

☆ First Trump administration was 'very receptive to business,' Joe Kaeser says
▼ + stars: | 2024-11-08 | 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 EmailFirst Trump administration was 'very receptive to business,' Joe Kaeser saysJoe Kaeser, chairman of the supervisory board of Siemens Energy, discusses the political turmoil in Germany and weighs in on the election of Donald Trump as U.S. president.

Persons: Trump, Joe Kaeser, Donald Trump Organizations: Siemens Energy Locations: Germany

☆ Pompeii: Ancient DNA rewrites the stories of people buried by volcanic eruption
▼ + stars: | 2024-11-08 | by ( Ashley Strickland | ) edition.cnn.com time to read: +12 min

CNN —Ancient DNA has revealed surprises about the identities of some people who perished in the ancient Roman town of Pompeii after a volcanic eruption, overturning misconceptions about their genetic relationships, ancestry and sex. Ash and volcanic rock called pumice then covered Pompeii and its residents, preserving scenes of the victims of the city’s destruction like an eerie time capsule. While the Greeks, Etruscans and Samnites attempted to conquer it, Pompeii became a Roman colony, the study authors noted. In 2015, the Archaeological Park of Pompeii began efforts to restore 86 of the 104 casts originally made by Fiorelli. Together, park scientists and the study authors are working on a larger project to better understand the genetic diversity present in Pompeii during the Roman Empire.

Persons: Giuseppe Fiorelli, ”, David Reich, restorers, David Caramelli, Massimo Osanna, Gabriel Zuchtriegel, Valeria Amoretti, ” Caramelli, Reich, Steven Tuck, Tuck, ” Tuck, Caitie Barrett, Barrett, Homer’s “, Bacchus, Alissa Mittnik, “, ” Barrett, Michael Anderson, Anderson, ” Anderson Organizations: CNN, Harvard Medical School, Harvard University, University of Florence, Villa, Miami University in, Cornell University, Max Planck Institute, Evolutionary Anthropology, Harvard, San Francisco State University Locations: Pompeii, Naples, what’s, Italy’s Campania, Roman, Italy, Miami University in Ohio, archaeogenetics, Britain, North Africa, Alexandria, Egypt, Bay

☆ 'It's gross, it's unprofessional': Some LinkedIn users are being put off the platform by unsolicited flirtatious DMs
▼ + stars: | 2024-11-08 | by ( Sawdah Bhaimiya | ) www.cnbc.com time to read: +8 min

studioEAST | Getty ImagesSome LinkedIn users have reported receiving unsolicited flirtatious messages via the platform, with expert Bernie Hogan at the Oxford Internet Institute saying the employment-focused social website is increasingly being used for dating purposes. "It's just a gross feeling ... it's gross, it's unprofessional," Huddy told CNBC. "LinkedIn is not a workplace, it merely frames itself as a workplace," he told CNBC Make It. A recent Forbes Health Survey of 1,000 Americans who have used dating apps in the past year found that 78% felt fatigued emotionally, mentally, or physically by dating apps sometimes, often, or always. "So LinkedIn has effectively created a dating site without dating," Hogan added.

Persons: Bernie Hogan, Blair Huddy, Huddy, She's, Shriya, DatingNews.com, Hogan, Courtney Boyer, Boyer, Sasha Dutta, Dutta, Oscar Wong Organizations: Getty, Oxford Internet Institute, Hudson Davis Communications, CNBC, LinkedIn, Microsoft, Facebook, Forbes Health Survey Locations: studioEAST, Los Angeles, U.S, Central Florida, Asian

☆ We asked 3 migration firms about what they're hearing in the first 48 hours after the election
▼ + stars: | 2024-11-08 | by ( Maria Noyen | Shubhangi Goel | ) www.businessinsider.com time to read: +6 min

Business Insider spoke to three residency and citizenship consultancies about what they heard in the 48 hours after the election was called. Advertisement"Americans normally will take an average of three weeks to four weeks to review the documents before signing anything," Arton said. This time, it's different: "They're signing it the same day." While demand has risen steadily, Galst said clients' tone this week took on particular urgency — they're no longer just shopping around for options. "In the last 24 hours, I've heard real urgency," Galst said.

Persons: —, Donald Trump readies, They've, Steve Ballmer, Armand Arton, He's, Arton, they're, Partners Judi Galst, Galst, I've, it's, Pela Terra Organizations: Democratic, Service, White, Business, Arton, Henley, Partners, Henley & Partners, US Nationals, Gaza, Hamas Locations: Montreal, New York, Connecticut, California, London, Palestinian, Portugal, Caribbean, Ireland, Germany, Austria, Poland, Florida, American, Europe

☆ Dollar winds down after volatile week, China NPC in focus
▼ + stars: | 2024-11-08 | by ( ) www.cnbc.com time to read: +4 min

The dollar further unwound some of its sharp gains from earlier in the week as traders closed out profitable bets on a Trump presidency after his election victory. That helped lift sterling back toward the $1.30 mark, while the yen similarly got some respite and hovered closer to the 153 per dollar level. Sterling last traded $1.2983, recovering from its fall to a roughly three-month low earlier in the week. Against a basket of currencies, the dollar ticked up 0.03% to 104.44, on track to gain just above 0.1% for the week. "All eyes are on what may emerge from China's policy toolkit after the conclusion of the NPC standing committee meeting."

Persons: Donald Trump's, Chancellor Olaf Scholz, Kerry Craig, Trump, Wells, Jay Bryson, Sterling, David Chao Organizations: White, National People's Congress, Trump, Federal Reserve, Morgan Asset Management, Traders, Bank of England, NPC, New Zealand, Asia Pacific, European Union Locations: U.S, Beijing, Germany, Wells Fargo, Japan, Invesco

☆ The NFL is heading to Germany – and the country has fallen for American football
▼ + stars: | 2024-11-08 | by ( Eduardo Tansley | ) www.nytimes.com time to read: +11 min

The German balances punditry with his role as the commissioner of the European League of Football, a professional American football league founded in 2020 which has 18 teams split into three conferences. Paid options with increased coverage are now available through DAZN, the NFL League Pass, and RTL+. According to the NFL, there are approximately 19million fans in Germany, with 3.6m (18.9 per cent) following the NFL closely. The German Olympic Sports Confederation (DOSB) has 500 registered football teams with more than 70,000 members, according to sports marketing agency SPORTFIVE. There are 14 German players in the NFL Academy, based at Loughborough University in the United Kingdom.

Persons: Holt, ” Patrick Esume, Jürgen Kessler, Esume, ” Esume, Tom Brady, Sebastian Widmann, Daniel Jensen, ” Jensen, ”, Jakob Johnson, Marcel Dabo, Aaron Jones, Amon, Ra St, Brown, Gerrit Meier, Bjoern Werner, Markus Kuhn, Sebastian Vollmer, Duke Dennis, Ian Maule, Jensen, “, Meech Robinson Organizations: American, NFL, Allianz Arena, New York Giants, Carolina Panthers, Frankfurt’s Deutsche Bank Park, RTL, Athletic, Sky Sports, ITV, “, European League of Football, Getty, Hamburg Silver Eagles, Hamburg Blue Devils, Tampa Bay Buccaneers, Seattle Seahawks, Munich’s Allianz, Hamburg, NFL Europe, Bundesliga, Soccer, Bayern Munich, Bayer Leverkusen, Super, Kansas City Chiefs, Miami Dolphins, Sports Illustrated, Chiefs, New England Patriots, Dallas Cowboys, Pittsburgh Steelers, Patriots, Green Bay Packers, Giants, Indianapolis Colts, Minnesota Vikings, U.S . Army, Detroit Lions, Colts, Olympic Sports, SPORTFIVE, German Basketball Association, NBA, NFL Academy, Loughborough University, NCAA Division Locations: Germany, Europe, Munich, United Kingdom, American, U.S, DAZN, NFL Europe, German, Frankfurt, America, Mexico, “ St, Las Vegas, Los Angeles

☆ The air freight industry is on high alert after fires at DHL warehouses were linked to Russian sabotage operations
▼ + stars: | 2024-11-08 | by ( Rebecca Rommen | ) www.businessinsider.com time to read: +6 min

MUNICH — A U.S. citizen suspected of offering intelligence about the American military to China has been arrested in Frankfurt, German authorities said Thursday. Identified only as Martin D. under German privacy law, the federal prosecutors office said in a statement that the suspect “worked for the U.S. armed forces in Germany,” until recently. Prosecutors added that, as some point this year, the suspect “contacted Chinese government agencies and offered to provide them with sensitive U.S. military information for forwarding to a Chinese intelligence service.” They did not say when the offer took place. The suspect “obtained the information in question during his work with the U.S. armed forces,” prosecutors said, adding that investigators had searched his apartment. It added that she gave the information to a second Chinese national, named as Jian G., who is being prosecuted separately.

Persons: Martin D, “, ”, X, Jian G, Jian, Maximilian Krah Organizations: U.S, Prosecutors, Federal, of Justice Locations: MUNICH, China, Frankfurt, Germany, ”, Beijing, Leipzig, Halle, German

The three remaining ministers of the Free Democrats resigned in response, leading to the downfall of the government coalition. Scholz is expected to lead the country with a minority government, but the opposition is calling for an immediate no-confidence vote. Tobias Schwarz / AFP - Getty Images fileScholz’s left-leaning Social Democrats will now effectively lead a minority government with the remaining coalition partner, the environmentalist Greens. Lindner’s pro-business Free Democrats had rejected tax increases or changes to Germany’s strict self-imposed limits on running up debt. Scholz’s Social Democrats and the Greens wanted to see major state investment and rejected the Free Democrats’ proposals to cut welfare programs.

Persons: Chancellor Olaf Scholz, Christian Lindner, Scholz, Volker Wissing, Lindner, Frank, Walter Steinmeier, ” Scholz, Olaf Scholz, Tobias Schwarz, Friedrich Merz, Merz, “, ”, ” Merz, Achim Wambach, Donald Trump Organizations: Free Democrats, German Finance, AFP, Getty, Social Democrats, Greens, Christian Democrats, German Bundestag, Scholz’s Social Democrats, Leibniz Center for European Economic Research Locations: Berlin, German, Germany, “, Europe

☆ Goldman Sachs slashes European growth forecasts on Trump win
▼ + stars: | 2024-11-07 | by ( Hanna Ziady | ) edition.cnn.com time to read: +3 min

London CNN —President-elect Donald Trump’s proposed protectionist policies, including hefty tariffs, will hurt Europe’s economic standing — leaving crisis-hit Germany particularly vulnerable, Goldman Sachs predicts. Goldman Sachs expects gross domestic product across the 20 countries that use the euro to expand 0.8% next year, down from the 1.1% it forecast previously. Goldman Sachs’ central expectation is for “a more limited set of tariffs on European economies,” targeting primarily their auto exports. Goldman Sachs now expects the German economy to grow only 0.5% next year because of trade tensions, just over half the 0.9% growth it forecast previously. “For European businesses, Trump’s return to the White House implies considerable trade policy risks and geopolitical uncertainty,” Berenberg chief economist Holger Schmieding wrote in a note Thursday.

Persons: Donald Trump’s, Goldman Sachs, Trump’s, Trump, ”, Holger Schmieding, “ Organizations: London CNN —, NATO, Republican, European Union, Volkswagen, VW Locations: Germany, United States, Europe, Ukraine, China

☆ Want to dodge the market volatility and capture the upside? This JPMorgan ETF's manager reveals how he's doing it
▼ + stars: | 2024-11-07 | by ( Ganesh Rao | ) www.cnbc.com time to read: +4 min

The JPMorgan Asset Management's U.S. fund, already the largest active ETF in the world, returned 21.5% in 2021, including 8.15% as income. In 2022, when the S & P 500 index nearly fell into a bear market, the fund lost just 3.5% in value. Over the past couple of years, the fund has returned 7% to 9% in income on top of capital appreciation. Spence stressed that JPMorgan did not intentionally time its entry into Europe on one of the most volatile weeks of the year for global markets. One such fund is Global X's covered call ETF XYLD , which marginally outperformed JPMorgan's JEPI over the past two years.

Persons: Donald Trump's, JEPI, Hamilton Reiner, Travis Spence, Spence, Reiner Organizations: JPMorgan, JPMorgan Asset Management's, CNBC, London Stock Exchange, Deutsche Borse, Six Swiss, Asset Management, U.S, Presidential, Global Locations: Europe, Germany, U.S, London, Netherlands, Italy, Switzerland

☆ More young people are getting colorectal cancer. Being active at these times of day could lower the risk.
▼ + stars: | 2024-11-07 | by ( Kim Schewitz | ) www.businessinsider.com time to read: +5 min

Exercising at specific times of day could lower colorectal cancer risk, a new study found. Colorectal cancer rates have fallen since the '80s, but have risen in under-55s by 1 to 2% yearly since the mid-'90s. Previous studies have found that people who exercise regularly have a lower colorectal cancer risk than those who don't. After five years, 529 of the participants were diagnosed with colorectal cancer, also known as bowel cancer. "Every movement counts for reducing colorectal cancer risk, meaning that doing any amount of physical activity is better than none," Orange said.

Persons: —, Michael Leitzmann, Sam Orange, It's, Michael Shusterman, NYU Langone's Organizations: Service, BMC Medicine, University of Regensburg, University of Newcastle, International, of Cancer, American Cancer Society, Society, NYU, NYU Langone's Perlmutter Cancer Center Locations: Germany, UK, Long

☆ Europe's markets head for mixed open as Trump win settles in; Fed, BoE decisions in focus
▼ + stars: | 2024-11-07 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +1 min

European markets are heading for a mixed open as global investors digest Donald Trump's presidential election win and political upheaval in Germany. They also await monetary policy decisions from the U.S. Federal Reserve and Bank of England. Global markets continue to react to Donald Trump's decisive election win, with U.S. stocks rallying Wednesday as Wall Street rejoiced the speedy conclusion of the presidential election. Central banks will be closely watched Thursday, with the Fed and BoE both expected to announce rate cuts. Scholz announced he would bring a vote of confidence to the German parliament on Jan. 15.

Persons: Donald Trump's, Germany's DAX, BoE, Chancellor Olaf Scholz, Christian Lindner, Lindner's, Scholz Organizations: U.S . Federal Reserve, Bank of England, France's CAC, IG, Global, Fed Locations: Germany, Asia, Pacific, U.S

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