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An engine failure forced pilots on a Quantas flight to make an emergency landing shortly after it took from an airport in Sydney, Australia. Passengers heard a loud bang shortly after flight 520 from Sydney to Brisbane left the runway on Friday afternoon, the airline said in a statement, adding that it was not an explosion. Engineers concluded after a preliminary inspection and confirmed the Boeing 737 jet suffered a contained engine failure, the statement added. “After circling for a short period of time, the aircraft landed safely at Sydney Airport,” Qantas’ chief pilot, Capt. The plane “was banking a lot” as it turned to prepare for its eventual descent back into Sydney, Willacy said.

Persons: shudder, Mark Willacy, ”, Richard Tobiano, Willacy, ” Firefighters Organizations: Passengers, Brisbane, Engineers, Boeing, ABC News, Sydney Airport, Qantas ’, ” Locations: Sydney, Australia, Australian, “

☆ Self-described Nazi becomes first person jailed in Australia for performing outlawed salute
▼ + stars: | 2024-11-08 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Ap-Live-Blog-Byline-Image.Png | The Associated Press | ) www.nbcnews.com time to read: +2 min

MELBOURNE, Australia — A self-described Nazi became the first person in Australia to be sentenced to prison for performing an outlawed salute when he was ordered by a magistrate on Friday to spend one month behind bars. Jacob Hersant, 25, is also the first person in the state of Victoria to be convicted of performing the Nazi salute. He was convicted in the Melbourne Magistrates Court last month of performing the salute before news cameras outside the Victoria County Court on Oct. 27, 2023. Hersant had just avoided a prison sentence on a conviction for causing violent disorder. Performing a Nazi salute had been outlawed by the state parliament days earlier.

Persons: Jacob Hersant, Hersant, Brett Sonnet, Tim Smartt, Smartt, “ It’s, ” Smartt, Sonnet, ” Sonnet, “, Adolf Hitler, “ We’re, ” Hersant, ” Organizations: Victoria County Court, Nazi, National Socialist Network Locations: MELBOURNE, Australia, Nazi, Victoria, Melbourne, Victoria County

☆ Feeling stressed this week? A walk outside can help
▼ + stars: | 2024-11-08 | by ( Katia Hetter | ) edition.cnn.com time to read: +6 min

Our six-part mindfulness guide will inform and inspire you to reduce stress while learning how to harness it. CNN —No matter their political persuasion, many people may be feeling stressed and anxious during election week in the United States. Johner RF/Getty ImagesCNN: You’ve mentioned that walking outside can help reduce stress. Wen: I would first ask what has the person done before that has helped them reduce stress. Please talk to your primary care clinician or mental health provider if you are struggling.

Persons: Leana Wen, Wen, You’ve, it’s, don’t Organizations: CNN, George Washington University, Getty Locations: United States, Japan, Australia

☆ Australian school named world’s best new building of 2024
▼ + stars: | 2024-11-08 | by ( Oscar Holland | ) edition.cnn.com time to read: +3 min

Singapore CNN —A humble suburban school in Australia has fended off competition from skyscrapers, museums and airport terminals to be named World Building of the Year 2024. Brett BoardmanA school had long been on the south Sydney site, though the old 1970s building was no longer fit for purpose, according to fjcstudio, the design firm behind the project. The World Building of the Year was selected from the winners of each category, as chosen by a panel of 175 festival delegates. Friday’s result marks the second consecutive year that the WAF judges opted for an educational building, with a serene boarding school in China taking last year’s title. Darlington Public School is also the second Sydney building to win in the past three years, after Quay Quarter Tower — dubbed the world’s first “upcycled” skyscraper for retaining two-thirds of an old high-rise on the site — won in 2022.

Persons: Singapore CNN —, Brett Boardman, fjcstudio, Alessandro Rossi, “, ”, — Organizations: Singapore CNN, Darlington Public School, Housing, Darlington Public, National Star Observatory of Locations: Singapore, Australia, Sydney, Chippendale, fjcstudio, WAF, ” Sydney, National Star Observatory of Cyprus, Polish, Turkey, China, Copenhagen, Denmark

☆ Australian airports hit by outage at immigration counters
▼ + stars: | 2024-11-08 | by ( ) www.cnbc.com time to read: 1 min

A technical outage crippled all of Australia's major airports on Friday, leading to long queues at international terminals after the disruption of automated kiosks for identity and facial recognition, authorities said. In a statement the Australian Border Force (ABF) said immigration staff were added to manually process travelers, adding, "The issue is currently being rectified and systems are slowly returning online."

Organizations: Australian Border Force

☆ Asia-Pacific markets poised to climb after Fed rate cut; China's NPC in focus
▼ + stars: | 2024-11-08 | by ( Lim Hui Jie | ) www.cnbc.com time to read: +1 min

People visit a riverside in front of the Lujiazui financial district, during the National People's Congress (NPC) in Shanghai, China, March 7, 2023. Aly Song | ReutersAsia-Pacific markets were set to climb on Tuesday, after the U.S. Federal Reserve cut interest rates by 25 basis points and major U.S. indexes continued their postelection rally. In Japan, the country will be releasing spending data for September, which will offer clues to the policy path ahead for the Bank of Japan. Strong spending data would support the case for the BOJ to raise rates, and vice versa. If stocks follow futures, the Hong Kong index will hit its highest level in about a month.

Persons: Aly Song, Australia's Organizations: National People's Congress, Reuters, U.S . Federal Reserve, China's National People Congress, Bank of Japan, Nikkei Locations: Shanghai, China, Reuters Asia, Pacific, U.S, Asia, Japan, Chicago, Osaka, Hong Kong

☆ U.S. allies, haunted by past Trump insults, race to delete posts and praise election victor
▼ + stars: | 2024-11-07 | by ( Hannah Peart | Hannah Peart Is An Intern In The Nbc News London Bureau. | ) www.nbcnews.com time to read: +3 min

“A political pyromaniac who must be put before a criminal court,” Jean Asselborn, then-foreign minister for Luxembourg, said of Trump after the Jan. 6, 2021, Capitol riot. "Trump has ruined it all," Croatian President Zoran Milanović said, also in 2021. Following Trump’s election victory, at least two of these U.S. allies, the U.K. and Australia, have had to dial back some of their previous attacks. U.K. Foreign Secretary David Lammy in September. Charles Parton, who served as a British diplomat for almost four decades, said that “the Labour Party has got some grounds to make up” after a perception that Starmer's party had favored the Democrats.

Persons: Donald Trump's, Kevin Rudd, Trump, “, ” David Lammy, ” Jean Asselborn, Zoran Milanović, Rudd, ”, won’t, David Lammy, Neil Hall, government’s, Trump’s, Harris, Keir Starmer, Charles Parton, Parton, Nigel Farage Organizations: Capitol, Australian Government, Foreign, Bloomberg, Getty, ”, U.S, Relations, Labour Party, Trump, Federal, Commission, Labour, Democrats Locations: U.S, Luxembourg, Australia, United States, British

Ties have been at their lowest point in decades amid disputes over trade, technology, Taiwan and Chinese aggression in the South China Sea. “We respect the choice of the American people,” the Chinese Foreign Ministry said in a statement earlier. A second Trump presidency “could mark a new beginning in China-U.S. relations if the chance that has been offered is not wasted,” state-run newspaper China Daily said in an editorial on Wednesday. But Chinese officials laser-focused on stabilizing their faltering economy are also mindful of the tariffs of 60% or more that Trump has vowed to impose on all Chinese imports. One person it may turn to for help is tech billionaire Elon Musk, a devoted Trump supporter with extensive business interests in China who is wildly popular there.

Persons: “, Xi Jinping, Donald Trump, Biden, Xi, Trump, China “, ”, Susan Walsh, Rick Waters, Kamala Harris, Waters, Trump’s, ” Waters, Harris, Mao Ning, Elon Musk, Ian Bremmer Organizations: Trump, ” Xinhua, Foreign Ministry, Eurasia Group, Democratic, ., China Daily, CNBC Locations: HONG KONG, Taiwan, South China, Beijing, China, Asia, Pacific, South Korea, Japan, Australia, U.S, China’s, New York, Houston, Chengdu

Weeks after sticky black balls washed up on the famed beaches of Sydney, Australia, scientists say they have partly solved the mystery behind the “disgusting” blobs. Initially thought to be tar balls, the golf-ball-size debris turned out to be something much different — a combination of decomposed cooking oils, hair and food waste, the New South Wales Environment Protection Authority (EPA) said Wednesday. Balls collected for testing in a laboratory at the University of New South Wales in Sydney. They said preliminary test results indicated that the blobs were tar balls formed when oil comes into contact with debris and water. Sydney Water confirmed there were no issues at the Bondi or Malabar water facilities, while Transport for NSW Maritime reviewed recent weather patterns but found no clear answers, according to the statement.

Persons: “, Balls, Jonathan Beve, ”, William Alexander Donald, Donald, we’re, ” Donald Organizations: New South, New South Wales Environment Protection Authority, University of New, Authorities, University of New South Wales Sydney, NBC News, Sydney Water, Transport, NSW Maritime Locations: Sydney, Australia, New South Wales, University of New South Wales, Bondi, University of New South, Victoria, Malabar

☆ Australia proposes ‘world-leading’ ban on social media for those under 16
▼ + stars: | 2024-11-07 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms | ) www.nbcnews.com time to read: +3 min

“Social media is doing harm to our kids, and I’m calling time on it,” Albanese said at a news conference. A number of countries have already vowed to curb social media use by children through legislation, though Australia’s policy is one of the most stringent. No jurisdiction so far has tried using age-verification methods such as biometrics or government identification to enforce a social media age cut-off, two of the methods being trialed. Mick Tsickas / AP“The onus will be on social media platforms to demonstrate they are taking reasonable steps to prevent access,” Albanese said. Last year, France proposed a ban on social media for those under 15, though users were able to avoid the ban with parental consent.

Persons: Anthony Albanese, ” Albanese, Albanese, ”, Mick Tsickas, Michelle Rowland, Rowland, TikTok, Elon Musk’s, Sunita Bose, “ Organizations: Liberal Party, Australian, ”, Facebook, YouTube, Digital Industry Group, Google, DIGI Locations: SYDNEY, Australia, Canberra, France, United States

☆ 5 minutes of exercise can help lower your blood pressure, new research suggests
▼ + stars: | 2024-11-07 | by ( ) www.businessinsider.com time to read: +5 min

Taking a quick jog or bike ride instead of sitting all day may reduce blood pressure, research suggests. Gentle exercise routines like walking and tai chi can also reduce stress and lower blood pressure. Using their own model to estimate how different activities impact blood pressure, they concluded that small changes could do a long way. Adding more activity helped to lower blood pressure even more: 10 to 20 minutes of exercise daily reduced blood pressure enough to lower heart disease risk by about 10%, according to the researchers' estimates. AdvertisementTai chi has also been found to lower blood pressure as effectively as cardio.

Persons: —, Jo Blodgett, Emmanuel Stamatakis Organizations: Service, University College London, University of Sydney, American Heart Association Locations: Australia, Denmark, Finland, Netherlands

☆ Australia proposes ban on social media for children under 16
▼ + stars: | 2024-11-07 | by ( ) www.cnbc.com time to read: +1 min

Shoppers use their phones as they walk past the entrance to a Myer department store, owned by Australia's biggest department store chain Myer Holdings Ltd, in Sydney, Australia, November 1, 2017. Australia Prime Minister Anthony Albanese said on Thursday the government would legislate for a ban on social media for children under 16, a policy the government says is world-leading. Australia is trialing an age-verification system to assist in blocking children from accessing social media platforms, as part of a ban that could come into force as soon as the end of next year. "Social media is doing harm to our kids and I'm calling time on it," Albanese told a news conference. Albanese cited the risks to physical and mental health of children from excessive social media use, in particular the risks to girls from harmful depictions of body image, and misogynist content aimed at boys.

Persons: Anthony Albanese, Albanese Organizations: Myer, Australia's, Myer Holdings Ltd, Australia Locations: Sydney, Australia

☆ Mysterious black balls that washed up on Sydney beach were foul-smelling mini ‘fatbergs’
▼ + stars: | 2024-11-07 | by ( Lex Harvey | ) edition.cnn.com time to read: +3 min

CNN —The mystery of the black balls that washed up on some of Sydney’s most iconic beaches last month has now been solved – and it’s more disgusting than you could ever imagine. Australian beachgoers were turned away from seven beaches last month after lifeguards spotted thousands of black spheres, prompting closures and clean-up efforts. People visit Coogee Beach in Sydney, Australia after authorities closed it to the public on October 16, 2024, following the sighting of mysterious black balls on its shores. These Sydney fatbergs were no ordinary fatbergs, however. The blobs contained everything from fecal matter to medication and recreational drugs, the scientists wrote.

Persons: ”, Jon Beves, Saeed Khan, William Alexander Donald, ” Donald, 9news, Fatbergs, Sydney fatbergs Organizations: CNN, University of New, UNSW, New South, New South Wales Environment, Protection Authority, Sydney, Getty, EPA, “ Authorities Locations: University of New South Wales, New, New South Wales, Bondi, Coogee Beach, Sydney, Australia, AFP, Birmingham, “

It all started with a summer project when he was 12 and "super into the game Minecraft," Guo tells CNBC Make It. He recently moved from Southern California to Bali, Indonesia, where he splits a villa with friends and spends his free time surfing. The expense is well worth it for high-quality food, Guo says: "One of the best parts about Bali is how clean and healthy the food is. "Most of my expenses go towards food, but if I do spend money, it's typically towards gifts for family or my girlfriend." As far as what he doesn't spend on, "I absolutely refuse to spend money on things that depreciate in value," like luxury goods, Guo says.

Persons: Steven Guo's, Guo, Steven Guo, Roth, frugally, China who's, We're Organizations: CNBC, University of California, Amazon Prime, YouTube, Transportation Locations: Southern California, Bali, Ruda Putra, Indonesia, Irvine, U.S, Philippines, UK, India, California, Canggu, Portugal, Australia, Hawaii, China, Canada

☆ The Gen Z Gospel of Wealth: Manifesting on TikTok
▼ + stars: | 2024-11-07 | by ( Amanda Hoover | ) www.businessinsider.com time to read: +8 min

Sarah Perl, who goes by the TikTok handle @hothighpriestess, says she has a successful career and relationship because she manifested both. Many of her recent posts focus on manifesting love, and they're particularly aimed at young women who want romantic relationships with men. She's not just saying that to the universe; she's feeding the TikTok algorithm, which likely sends her content to other young women. "I view manifesting almost like the For You page: Where you put your attention is where your life will end up going." For Gen Z, the divide between the divine and the digital can be razor thin.

Persons: Sarah Perl, She's, journaling, Ariana Grande, Gen, Zers, Z, Gen Zers, Amy Wu, Wu, they're, Sydney Stanback, Stanback, Shanna Watkins, Watkins, affirmations, ChatGPT, Emily McDonald, TikTok, isn't Organizations: Dua, Survey Center, University of Queensland Locations: Los Angeles, Dua Lipa, Dallas, Australia

☆ International airlines are all-in on fancy first-class seats, even as US carriers focus only on business for long-haul flights
▼ + stars: | 2024-11-07 | by ( Taylor Rains | ) www.businessinsider.com time to read: +5 min

They deemed business class more lucrative for long-haul flights. While these carriers still have business class, true first class remains a money-maker despite taking up the least amount of cabin real estate. Air France, Swiss International Air Lines, and Lufthansa are also in the mix, among others. "Air France is committed to having this super premium first-class product because it's Air France," Funk said. Advertisement"You're not going to have William and Kate fly business class alongside 85 other people," she said.

Persons: —, Badr Mohammed Al Meer, Tiffany Funk, Funk, Kate Organizations: Service, Air Lines, United Airlines, American Airlines, Qatar Airways, CNBC, Singapore Airlines, Air, Swiss International Air Lines, Lufthansa, monied Fortune, Google, US, Funk, British Airways, Getty Images Airlines, it's Air, Qantas, Qantas Media Locations: Europe, Asia, Air France, Swiss, monied, Singapore, Emirates, France, Australia, New York, London

Rachael "Raygun" Gunn has announced that her professional break dancing career is over, citing the online reaction to her Paris Olympics performance. The Australian dancer — who went viral for her unorthodox performance at the 2024 Olympic Games — said that while she still breaks, she's not going to compete anymore. She was awarded zero points at the Olympics, leading many to wonder how she qualified for the Games to begin with. As videos of her performances went viral, so did conspiracy theories about her entry into the competition. While her competitive days may be behind her, Gunn seems to have found another way to keep her love for breaking alive.

Persons: Rachael, Raygun, Gunn, —, she's, Jimmy, Nath, It’s, she'd, I’ve Organizations: Paris Olympics, Games, Olympics, Australia

☆ Viral breakdancer Raygun will no longer compete after Olympics backlash
▼ + stars: | 2024-11-06 | by ( ) edition.cnn.com time to read: +2 min

Melbourne, Australia Reuters —Breaker Rachael “Raygun” Gunn’s signature kangaroo bounce will not be seen on a competitive stage again after the Australian declared she could not bring herself to battle following the backlash over her Paris Olympic performance. The 37-year-old was mocked online and in the mainstream media for everything from her moves to her green official team kit. “I’m not going to compete any more, no,” she said on 2DayFM. “I was going to keep competing, for sure, but that seems really difficult for me to do now to approach a battle. But, you know, that’s like in my living room with my partner.

Persons: Rachael “ Raygun, Gunn, “ I’m, “, “ It’s, Samuel Free, I’ve, ’ Organizations: Australia Reuters, Paris, Concorde, Sydney, Games, Australian Olympic Locations: Melbourne, Australia, Los Angeles

☆ Australia to legislate ‘world-leading’ social media ban for children under 16
▼ + stars: | 2024-11-06 | by ( Story Reuters | ) edition.cnn.com time to read: +1 min

Sydney, Australia Reuters —Australia Prime Minister Anthony Albanese said on Thursday the government would legislate for a ban on social media for children under 16, a policy the government says is world-leading. “Social media is doing harm to our kids and I’m calling time on it,” Albanese told a news conference. “The onus will be on social media platforms to demonstrate they are taking reasonable steps to prevent access,” Albanese said. A number of countries have already vowed to curb social media use by children through legislation, though Australia’s policy is one of the most stringent. France last year proposed a ban on social media for those under 15, though users were able to avoid the ban with parental consent.

Persons: Anthony Albanese, ” Albanese, Michelle Rowland, TikTok, Elon Musk’s Organizations: Australia Reuters — Australia, “, ”, Facebook, YouTube, United Locations: Sydney, Australia, France, United States

☆ Emperor penguin turns up on Australian beach, thousands of miles from home
▼ + stars: | 2024-11-06 | by ( Jack Guy | ) edition.cnn.com time to read: +3 min

CNN —An emperor penguin surprised locals when it appeared on a beach in Australia after making an epic journey of thousands of miles from its home in Antarctica. Ocean Beach is more than 2,200 miles due north of Antarctica, suggesting the penguin probably swam significantly further to reach Australia. “It stood up in the waves and just waddled straight up to us, an emperor penguin, he was probably about a meter high, and he was not shy at all,” he added. But as Earth’s temperature rises as a result of greenhouse gas and carbon dioxide emissions, sea ice is at risk of disappearing. This widespread “catastrophic breeding failure” is the first such recorded incident, according to the report, and supports grim predictions that more than 90% of emperor penguin colonies will be “quasi-extinct” by 2100 as the world warms.

Persons: CNN —, DBCA, ”, Belinda Cannell, ” Cannell, Aaron Fowler, ” Fowler, “, Emperor penguins Organizations: CNN, Australia’s Department of Biodiversity, Australia, University of Western, ABC Locations: Australia, Antarctica, Beach, Denmark, Western Australia, University of Western Australia, Bellingshausen

☆ ‘A huge victory’: World leaders react as Trump secures White House return
▼ + stars: | 2024-11-06 | by ( Sam Meredith | In Samuelmeredith | ) www.cnbc.com time to read: +5 min

Addressing his supporters in Florida, Trump said his return to the White House would usher in the "golden age" of America. Likewise, European Commission President Ursula von der Leyen, French President Emmanuel Macron, Spanish Prime Minister Pedro Sanchez, Italian Prime Minister Giorgia Meloni and Hungarian Prime Minister Viktor Orban all offered their congratulations to Trump. We rely on continued strong bipartisan support for Ukraine in the United States," he added. "I look forward to working with him again to advance peace through strength through #NATO," Rutte said. "I hope that the elections will be beneficial for our friendly and allied people in the United States and for all of humanity," he added.

Persons: Donald Trump, Benjamin Netanyahu, Amos Ben, Gershom, Trump, Keir Starmer, Ursula von der Leyen, Emmanuel Macron, Pedro Sanchez, Giorgia Meloni, Viktor Orban, Volodymyr Zelenskyy, Trump's, Volodymyr Zelensky, Alex Kent, Dmitry Medvedev, Russia's, Maria Zakharova, Kamala Harris, Zakharova, Mark Rutte, Rutte, Recep Tayyip Erdoğan, Erdoğan, Tayyip Erdogan, Thaier Organizations: Mar, Anadolu, Getty, Wednesday, NBC News, Atlantic, Spanish, European Commission, Christian Democratic Union, Bloomberg, Ukraine, Republican, U.S, Russia, Russia's, White, NBC, Russian Foreign, Atlantic Treaty Organization, NATO, United Nations, Change, United Arab Emirates, sudani Locations: Lago, Palm Beach , Florida, United States, Florida, America, Italian, Hungarian, Berlin, Germany, Ukraine, New York City, Kyiv, Russia, Brussels, Belgium, Turkey, India, Australia, Israel, Iran, Dubai, United Arab

☆ The world prepares for a fresh era of tariffs under Trump 2.0
▼ + stars: | 2024-11-06 | by ( Polly Thompson | ) www.businessinsider.com time to read: +7 min

During his first term, Trump imposed tariffs on key industries in both Europe and China. AdvertisementThis time around, analysts told BI that Trump's policies could have a particular impact on Europe. Related storiesEurope is particularly vulnerable to Trump's aggressive trade policies for two main reasons, said Nigel Green, CEO of financial advisory firm deVere Group. AdvertisementDonald Trump met European Commission President Ursula von der Leyen at the World Economic Forum in Davos in 2020. Steven Kennedy, the most senior civil servant in Australia's Treasury department, said Wednesday he expected Trump's tariffs to impact the country's economy.

Persons: Donald Trump's, Trump, —, Donald Trump, Bilal Hafeez, Nigel Green, Green, Morningstar, Trump's, Michael Brown, Ursula von der Leyen, JIM WATSON, Steven Kennedy, Kennedy, Fitch, Latinvex Organizations: Service, European Union, Macro, Economic, of Chicago, Street Journal, deVere, Pharmaceuticals, Morningstar DBRS, Trump, stoke, European, Getty, European Commission, Treasury, News.com.au Locations: Europe, China, Ukraine, Davos, Australasia, Latin America, America, Mexico

☆ Living the remote life, how to practice self-care, poignant Titanic postcard: Catch up on the day’s stories
▼ + stars: | 2024-11-06 | by ( Daniel Wine | ) edition.cnn.com time to read: +3 min

Editor’s Note: CNN’s 5 Things newsletter is your one-stop shop for the latest headlines and fascinating stories to start and end your busy day. The day after a high-stakes presidential election usually brings elation on one side and dejection for the other. Now’s the time to take a breather and practice a little self-care. Today, the suburban New York dad has dedicated his life — and developed a video game — to help save other young people from overdoses. 3️⃣ Poignant postcard: In 1912, a first-class passenger on the Titanic scrawled a message in pencil to someone back home in England.

Persons: ake, ike, rance, riends, tim, Tod, Coll, egon, Georg, Richard Locations: ife, nsw, Ohio

☆ Asia-Pacific markets open higher as Wall Street rallies ahead of U.S. election results
▼ + stars: | 2024-11-06 | by ( Dylan Butts | ) www.cnbc.com time to read: +1 min

A screen displays the Nikkei 225 Stock Average figure on the trading floor at the Nomura Securities Co. headquarters in Tokyo, Japan, on Jan. 11, 2024. SINGAPORE — Asia-Pacific markets opened higher Wednesday after Wall Street surged overnight ahead of the U.S. presidential election results. Japan's Nikkei 225 opened up 0.7%, while the Topix gained 0.4%. The Bank of Japan's monetary policy meeting minutes will be released later in the day, which could give insights on where the members stand on the bank's policy path. Australia's S&P/ASX 200 rose 0.7% higher.

Persons: Kospi Organizations: Nomura Securities Co, U.S, Nikkei, People's Congress Locations: Tokyo, Japan, SINGAPORE — Asia, Pacific

☆ Dow set to surge more than 1,200 points as Trump is reelected
▼ + stars: | 2024-11-06 | by ( David Goldman | ) edition.cnn.com time to read: +5 min

Markets, in particular, crave certainty, and the clear path forward will allow companies to adjust their business and hiring plans. But stocks may also be reacting to Trump’s victory, in particular. Trump flipped several swing states from President Joe Biden’s 2020 victory, and Republicans also took control of the Senate. So Trump’s victory, at least for now, appears to be keeping those rates somewhat higher. Other so-called Trump trades, including shares of his social media stock, Trump Media & Technology Group, surged Wednesday morning.

Persons: Donald Trump, Trump, Joe Biden’s, refocusing, Sam Stovall, Bitcoin, Crypto, Trump’s, Germany’s DAX, Australia’s, ”, Neil Newman, Hong, ” Daniel Murray Organizations: New, New York CNN —, Dow, Nasdaq, Republicans, Fed, JPMorgan, Democratic, CFRA Research, Gross, Treasury, Trump, Trump Media & Technology Group, CAC, Nikkei, Advisory, EFG Asset Management Locations: New York, Europe, Asia, China, Tokyo, Shanghai

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