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☆ 37-year-old mom earns $73,000 in an ‘underrated and overlooked’ in-demand job—it can pay $100,000 without a degree
▼ + stars: | 2024-11-27 | by ( Morgan Smith | ) www.cnbc.com time to read: +6 min

Jackson, 37, is a wind turbine service technician at Vestas, a wind turbine manufacturer, in Bee County, Texas, and earns $73,000 per year. Wind turbine technicians face one of the highest rates of work-related injuries, according to the U.S. Department of Labor. Despite the high demand for wind turbine service technicians, the profession remains "underrated and overlooked," she adds, offering untapped potential for job-seekers who crave adventure and a competitive salary. While you don't need a bachelor's degree to become a wind turbine service technician, some jobs might require you to complete a 2-year technical program or apprenticeship. Before becoming a wind technician, Jackson, who has four children, spent a decade as a stay-at-home mom.

Persons: Jessica Jackson, Jackson, it's, Vanessa Benedetti, Vestas, tinker, Mickey Todiwala, Benedetti, … You'll Organizations: CNBC, U.S . Department of Labor, Blattner, Blattner Energy, University of Arizona, Bureau of Labor Statistics, Global, BloombergNEF's Renewable Energy Investment, Labor Locations: Jackson, Bee County , Texas, U.S, Texas, Vestas

☆ In an F-35 funding fight, Musk will need to win over a skeptical Congress and Trump
▼ + stars: | 2024-11-27 | by ( Jake Epstein | ) www.businessinsider.com time to read: +6 min

AdvertisementElon Musk sharply criticized the F-35 stealth jet and its builder, Lockheed Martin. Musk could target the expensive program as part of his efforts to cut federal spending under Trump. Congress has historically valued the stealth fighter flown by three military branches despite its problems. His comments suggest he could be eyeing the $2 trillion F-35 program, and possibly other fighter jets, for potential spending cuts. In fact, the House's defense spending bill for the 2025 fiscal year called for more F-35s than what the Pentagon initially requested.

Persons: Lockheed Martin, Donald Trump, Elon, Musk, Trump, Elon Musk, ANGELA WEISS, Samuel King Jr, President Trump, Clawson, Michael Bohnert, Bohnert, Cmdr, Darin Russell, Stacy Pettyjohn Organizations: Elon, Trump . Congress, Pentagon, Congress, Getty, Trump, Department of Government, Department of Defense, Lockheed, US Air Force, Navy, Air Force, Marine Corps, RAND Corporation, US Navy, Defense, Center, New, New American Security Locations: New American

☆ Dentist charged with murdering wife also wanted investigating officer killed, authorities say
▼ + stars: | 2024-11-27 | by ( Andi Babineau | Andy Rose | ) edition.cnn.com time to read: +4 min

James Craig previously entered not guilty pleas to first-degree murder and other charges in the death of his wife, Angela Craig. Angela Craig went to the hospital with dizziness two days after a package of arsenic was delivered to the couple’s home, investigators said. Investigators say Angela Craig texted her husband, “I feel drugged,” after having a protein shake. James Craig texted back, “Just for the record, I didn’t drug you,” according to a court document. After his wife’s death, James Craig told the victim’s sister he did not want an autopsy performed, according to the affidavit.

Persons: James Craig, Craig, Angela Craig, Christopher Oquendo, Angela, Angela Craig’s, Angela Craig texted, “, ”, James Craig texted, Harvey Steinberg, Steinberg, Craig’s, CNN’s Raja Razek, Elizabeth Wolfe Organizations: Denver CNN, CNN, Judicial, Aurora, Daily, KUSA, Aurora Police, Police, Arapahoe County Coroner’s Locations: Colorado, Arapahoe County

☆ JonBenet Ramsey: What we know about the child beauty queen’s death, the botched investigation and decades of mystery
▼ + stars: | 2024-11-27 | by ( Holly Yan | Jean Casarez | ) edition.cnn.com time to read: +14 min

The kindergartener was already wearing high heels and following the footsteps of her beauty queen mother, Patricia “Patsy” Ramsey, a former Miss West Virginia. A cryptic ransom note and a grisly discoveryThe morning after Christmas, Patsy Ramsey went to the kitchen to make coffee. It demanded a peculiar amount of money – $118,000 – the same amount John Ramsey received for his Christmas bonus as president of Access Graphics. A grieving father’s relentless search for justiceSince Patsy Ramsey passed away 18 years ago, John Ramsey has remarried and moved to Utah. Helen H. Richardson/The Denver Post/Getty ImagesDespite helping with the Netflix documentary, John Ramsey said he doesn’t intend to watch it.

Persons: JonBenét Ramsey, JonBenét’s, John Bennett Ramsey, ” Ramsey, Joe Berlinger, “, Berlinger, JonBenét, Little Miss Colorado, Patricia “ Patsy ” Ramsey, Burke, Patsy Ramsey, Patsy Ramsey’s notepad, John Ramsey, Karl Gehring, ” John Ramsey, ’, ” JonBenét, Patsy Ramsey’s, it’s, Patsy, ”, CNN’s Kate Bolduan, they’ve, JonBenet, Steve Redfearn, Ramsey, Boulder Police Department —, —, …, John, Alex Hunter, ” Stan Garnett, Angela Williamson, Burke Ramsey, Patsy Ramsey didn’t, johns, Williamson, ” Williamson, John Mark Karr, Karr, SAEED KHAN, JonBenet Ramsey, Michael Dougherty, ” Berlinger, Helen H, Richardson, I’ve, Jan, It’ll, ’ ” Ramsey, Julie, Faith Karimi, Eric Levenson, Andi Babineau Organizations: CNN, Netflix, Little Miss, Little Miss Colorado ., Little Miss Colorado . Little Miss, Little Miss Colorado . Little Miss Charlevoix . Colorado State, Royale Miss, Miss, Access Graphics, Police, Boulder Police, Boulder, Boulder Police Department, Colorado Cold Case, Colorado Bureau, Boulder Daily Camera, DA, Technicians, Thai Immigration Department, Getty, Denver Post Locations: Colorado, Little Miss Colorado . Little, Little Miss Colorado . Little Miss Charlevoix . Colorado, Royale, Miss West Virginia, Boulder , Colorado, ”, Boulder, Boulder County, JonBenét’s, Bangkok, Thailand, AFP, SARTIN, Utah

As part of the UGG Black Friday sale, the brand is offering up to 55% off select styles. Beyond just UGG shoes, this Black Friday you can find discounted UGG apparel, like loungewear and accessories, for creating head-to-toe cozy ensembles. Keep reading to discover our favorite UGG styles included in the sale. The best UGG Black Friday dealsUGG New Heights Clog $90.99 $130.00 Save 30% The New Heights suede clogs are a prime example of "cottagecore" fall fashion. View at ZapposFAQs on the UGG Black Friday saleWhen does the sale start and end?

Persons: Frankie Organizations: Business, UGG Locations: DSW, Zappos, United States

☆ Elon Musk wants to 'delete' a federal agency designed to prevent another financial crisis and protect people from scams
▼ + stars: | 2024-11-27 | by ( Eliza Relman | Catherine Boudreau | ) www.businessinsider.com time to read: +6 min

AdvertisementElon Musk says he wants to eliminate the Consumer Financial Protection Bureau. The CFPB was created after the 2008 crisis to protect consumers from financial abuses. "Delete CFPB," Musk wrote on X early Wednesday of the Consumer Financial Protection Bureau. The agency investigates consumer complaints related to credit cards, loans, bank accounts, and debt collection and enforces consumer protection laws. Earlier this year, the CFPB also limited credit card late fees to $8 a month, compared to the average $32 fee charged by issuers in 2022.

Persons: Elon Musk, Musk, Vivek Ramaswamy, Dodd, Frank, Democratic Sen, Elizabeth Warren, Barack Obama, Warren, Wells Fargo, who've, —, Clarence Thomas Organizations: Financial, Bureau, Elon, Consumer Financial, Trump, Government, Trump Administration, Congress, Democratic, Harvard Law School, Personnel Management, Bank of America, of America, Apple, Google, Federal Locations: Wells Fargo, Wells

☆ Fed’s preferred inflation gauge rises to 2.3% annually, meeting expectations
▼ + stars: | 2024-11-27 | by ( Jeff Cox | ) www.cnbc.com time to read: +3 min

The personal consumption expenditures price index, a broad measure that the Fed prefers as its inflation gauge, increased 0.2% on the month and showed a 12-month inflation rate of 2.3%. Both were in line with the Dow Jones consensus forecast, though the annual rate was higher than the 2.1% level in September. The annual rate was 0.1 percentage point above the prior month. Odds of a quarter percentage point reduction in the central bank's key borrowing rate were at 66% Wednesday morning, according to the CME Group's FedWatch measure. The release follows consecutive rate cuts by the Fed in September and November totaling three quarters of a percentage point.

Persons: Dow, Stocks Organizations: Federal, Commerce Department, Dow Jones, Nasdaq, Treasury, Fed, Labor

☆ FBI agent accused of multiple rapes was found not guilty of attempted murder 2 years ago
▼ + stars: | 2024-11-26 | by ( Antonio Planas | Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Michael-Kosnar-Circle-Byline-Template.Jpg | ) www.nbcnews.com time to read: +4 min

An FBI agent was arrested and charged with multiple counts of sexual assault two years after he was acquitted of attempted murder. Two women allege they were raped inside a tattoo studio, and police say Valdivia may be have additional victims. The woman returned for a second shoot at a nearby hotel and was again sexually assaulted by Valdivia, police said. The FBI Washington Field Office s noaid in a statement the agency is cooperating with Montgomery police in their investigation of Valdivia. Valdivia told the man, “Watch your mouth,” and the man turned around and approached Valdivia, who told him to back up multiple times prior to the shooting.

Persons: Eduardo Valdivia, “ Lalo Brown, ”, Lalo Brown, Valdivia, Nicholas Augustine, Valdivia's, “ Organizations: FBI, Montgomery County Police Department, Police, DC, Washingtonian, Valivida, that's, Detention, FBI Washington Field, Montgomery, Metro, NBC Washington, NBC, “ Locations: Gaithersburg , Maryland, Montgomery, Valdivia, Gaithersburg, Montgomery County, Bethesda , Maryland, NBC Washington

☆ Ex-NHL star Paul Bissonnette hospitalized after restaurant brawl with 7 men in Arizona
▼ + stars: | 2024-11-26 | by ( Marlene Lenthang | Marlene Lenthang Is A Breaking News Reporter For Nbc News Digital. | ) www.nbcnews.com time to read: +2 min

Former NHL star Paul Bissonnette landed in the hospital after he was assaulted by seven men in a brawl that broke out at an Arizona restaurant over the weekend, he said. He said the fight escalated "extremely quickly" and involved seven men against him. The fight spilled over from the restaurant to the parking lot, and then to a nearby CVS. The six men arrested face assault and disorderly conduct charges, police said. Bissonnette described the situation as “bad dudes” who were “way too drunk.”“I’m very, very angry about these guys,” Bissonnette said.

Persons: Paul Bissonnette, Bissonnette, ” Bissonnette, we’re, “, didn’t, ”, ” “ Organizations: NHL, Phoenix Coyotes, CVS, Scottsdale Police Department Locations: Arizona, Scottsdale

A TikTok influencer who allegedly shoplifted about $500 worth of items from Target and posted her haul on the social media app, where she has more than 360,000 followers, has been arrested and charged with petty theft. Velez regularly posts content about her life as a mom of two on her TikTok account. “Everything was documented,” Mercedes Phillips, a spokesperson for the department, said in a video posted to its Instagram account. While in the Lee County Jail, Velez is alleged to have said “lesson learned” multiple times, according to the probable cause affidavit. She could not immediately be reached at a number or an email address listed for her or through her TikTok account.

Persons: Marlena Velez, Velez, “, ”, ” Mercedes Phillips, Phillips Organizations: Target, Cape Coral Police Department, Police, Facebook, Velez, Jail Locations: Cape Coral , Florida, Lee

☆ Animal rights extremist wanted for U.S. bombings caught in Wales after more than 20 years on the run
▼ + stars: | 2024-11-26 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Michael-Kosnar-Circle-Byline-Template.Jpg | Michael Kosnar | ) www.nbcnews.com time to read: +1 min

An animal rights extremist believed to be behind a pair of bombings in Northern California over two decades ago was caught in Wales on Monday, authorities said. FBI Director Christopher Wray celebrated the capture of Daniel Andreas San Diego, 46, saying on Tuesday the suspect will finally be held "accountable" for his alleged acts of "violence and destruction." He's also accused of sending a "bomb strapped with nails" that went off at a nutritional company, Shaklee Corp., in nearby Pleasanton, on Sept. 26, 2003. The FBI believed that San Diego, who was born in Berkeley, bombed the firms because they had worked with another lab that had conducted animals experiments. “There’s a right way and a wrong way to express your views in our country, and turning to violence and destruction of property is not the right way," Wray added.

Persons: Christopher Wray, Daniel Andreas San, “ Daniel San Diego’s, ” Wray, He's, There’s, Wray Organizations: FBI, Chiron Corp, Shaklee Corp Locations: Northern California, Wales, Daniel Andreas San Diego, San Francisco, Diego, Emeryville, Pleasanton, San Diego, Berkeley

Many U.S. retailers are hoping to put the fall quarter behind them. But she said the company has begun to see holiday sales momentum now that the vote is over — with particular demand for computers, tablets and sales in its services department. Among those expecting stronger holiday sales Tuesday was Abercrombie & Fitch, which continues to see a sales renaissance. The trendy apparel chain now expects holiday quarter sales growth of 5% to 7%, ahead of the 4.8% growth that analysts had expected, CNBC reported. It also lifted its sales growth guidance for the full year.

Persons: Corie Barry, ” Barry, it's Organizations: U.S, GOP, Republicans, Conference Board, Abercrombie, Fitch, CNBC, New York Stock Exchange, Philadelphia Federal Reserve Locations: Burlington, U.S

That means buyers can combine existing tax credits with the deep discounts on offer over the next three months. Hours after Newsom announced his proposal Monday, Bloomberg News reported that his office planned to exclude Teslas from any state rebate program, citing an idea to limit the proposed aid based on automakers’ EV market shares. The current federal tax credit also applies to leases, and some dealerships are exploiting a loophole that allows EV lessees to qualify for the full $7,500 credit without meeting income or manufacturer requirements. In a recent Edmunds analysis of mid-priced vehicles leased this year, the average monthly payment for EVs when factoring in tax credits was $428, far lower than the $572 for vehicles with gas engines. “If the tax credit goes away and it’s a significant amount that’s being utilized by dealers, you’ll have them rather upset for a while,” Drury said.

Persons: Donald Trump, EVs, ”, Jay Turner, Gavin Newsom’s, Turner, Biden, “ We’re, ” Newsom, Trump, he’d, Karoline Leavitt, Ivan Drury, ” Drury, who’s, Drury, I’d, ” Turner, Elon Musk, Trump’s, Musk, Tesla, Newsom, “ It’s, you’re, ” Buyers Organizations: Wellesley College, Republican, White House, Trump, Cox Automotive, U.S, Congress, Trump White, “ Department, Government, Bloomberg News, ’ EV, NBC News, EV lessees, ” Locations: California, Colorado and Massachusetts, Edmunds, China, Mexico, Canada, U.S

☆ Abortions increase after Roe overturned and Mario Andretti talks new Formula 1 team: Morning Rundown
▼ + stars: | 2024-11-26 | by ( Elizabeth Robinson | Elizabeth Robinson Is A Newsletter Editor For Nbc News | Based In Los Angeles. | ) www.nbcnews.com time to read: +9 min

And former racing champ Mario Andretti shares early ideas for his new Formula 1 team. The much-anticipated decision comes after a yearlong saga marked by drama and bitter tensions between F1 and Andretti Global, led by former world champion Mario Andretti. Sahil Kapur, an NBC News senior politics reporter and F1 enthusiast, spoke exclusively to Mario Andretti about his ambitions for the new team. The one thing Mario, America’s last former F1 champion, hasn’t done is build an F1 team. Read more about Sahil’s exclusive interview with Mario Andretti.

Persons: Donald Trump’s, Roe, Wade, Mario Andretti, Donald Trump, Matt Gaetz, Gaetz, Tulsi Gabbard, Trump, Pete Hegseth, Robert F, Kennedy Jr, They’ll, JD Vance, ’ outspokenness, Sen, Susan Collins, John Thune of, Mitch McConnell, Xinyue Chen, Aria Bendix, Mario Andretti’s, Gary Mook, Sahil Kapur, 🏎️, rama, astation in Organizations: Republicans, Justice Department, Senate Republicans, Senators, Republican, Trump, NBC, Guttmacher Institute, Indianapolis, Indianapolis Star, USA, GM, Cadillac, Andretti Global, NBC News Locations: Washington, Russia, Maine, John Thune of South Dakota, U.S, Illinois, Dutch

☆ Massachusetts man pleads guilty to threatening to bomb synagogue
▼ + stars: | 2024-11-26 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms | ) www.nbcnews.com time to read: +2 min

BOSTON — A Massachusetts man pleaded guilty on Monday to charges that he threatened to kill Jews and bomb a synagogue in a case that U.S. prosecutors said reflected a growing nationwide torrent of antisemitism after the Israel-Hamas war in Gaza began last year. John Reardon, during a hearing in Boston federal court, pleaded guilty to threatening to bomb the Congregation Agudas Achim and threatening to kill children in a voicemail he left with the Attleboro, Massachusetts-based synagogue in January. Israel’s 13-month campaign in Gaza has killed more than 44,000 people and displaced nearly all the enclave’s population at least once, according to Gaza officials. In many of those calls, he made harassing or intimidating statements, prosecutors said. As part of a plea agreement, prosecutors have agreed to recommend that Reardon, of Millis, Massachusetts, be sentenced to up to 2-1/2 years in prison.

Persons: John Reardon, Agudas Achim, General Merrick Garland, Reardon, ”, Julia Kobick Organizations: BOSTON, Attleboro Police Department, Reuters, Prosecutors Locations: A Massachusetts, Israel, Gaza, Boston, Attleboro , Massachusetts, U.S, Sharon , Massachusetts, Millis , Massachusetts

☆ Family of woman fatally shot by police officer given $20M settlement by New Mexico city
▼ + stars: | 2024-11-26 | by ( Madison Lambert | Madison Lambert Is An Assignment Editor At Nbc News. | ) www.nbcnews.com time to read: +2 min

The family of a woman shot dead by a former New Mexico police officer has reached a $20 million settlement with the city that employed him, ahead of his murder trial next year. A minutes-long interaction takes place between the three and Gomez eventually leaves the vehicle to speak with the officer. After returning to the vehicle, Gomez then attempts to flee the scene and Hernandez fires at least three shots into the vehicle. Shannon Kennedy, attorney for Gomez’ family, said in a statement to the Las Cruces Sun-News that Gomez’s parents, children and siblings are still mourning her loss. "They are grateful to the City of Las Cruces for recognizing the injustice of Teresa’s death," Kennedy said.

Persons: Felipe Hernandez, Teresa Gomez, Hernandez, Gomez, ”, Shannon Kennedy, Gomez ’, Kennedy Organizations: Las, Las Cruces Sun, NBC Locations: New Mexico, Cruces, Las Cruces

☆ Philippine president vows to fight back after assassination threat by estranged VP
▼ + stars: | 2024-11-26 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms | ) www.nbcnews.com time to read: +5 min

MANILA, the Philippines — Philippine President Ferdinand Marcos Jr. vowed Monday to fight back against what he called reckless and troubling threats against him, speaking out after his estranged vice president said he would be assassinated if she herself were killed. “If planning the assassination of the president is that easy, how much more for ordinary citizens?” he said. Sara Duterte told reporters she had yet to hear the president’s statement but she recalled the 1983 assassination of former Senator Benigno Aquino, for which she blamed the Marcos family, without giving proof. “The whole nation fought back when their family killed Benigno Aquino Jr.,” Duterte told reporters. Rodrigo Duterte told the hearings that he was solely responsible for the bloody crackdown and has urged the ICC to “hurry up” with its investigation.

Persons: Ferdinand Marcos Jr, Marcos, Sara Duterte, Rodrigo Duterte, ” Marcos, ” “, ”, Benigno Aquino, Aquino, Ferdinand Marcos, “, Benigno Aquino Jr, ” Duterte, Sara Duterte’s, Duterte, Jesse Hermogenes Andres, ” Andres, Martin Romualdez, ” Sara Duterte’s Organizations: firebrand, National Bureau of Investigation, ”, National Security Council, ICC Locations: MANILA, Philippines, Philippine, Manila

☆ Car and human bone found in Georgia pond could be linked to couple that vanished 44 years ago
▼ + stars: | 2024-11-26 | by ( Antonio Planas | Antonio Planas Is A Breaking News Reporter For Nbc News Digital. | ) www.nbcnews.com time to read: +1 min

Human remains were found submerged in a Georgia pond inside a vehicle similar to the one that belonged to a New York Couple who disappeared in 1980, authorities announced. One human bone was discovered in the submerged Lincoln Continental on Friday, according to a Saturday statement from the Glynn County Police Department. “The vehicle is similar to the description of a vehicle that Charles and Catherine Romer were believed to be driving when reported missing in April, 1980,” the police department said in a Facebook post. Law enforcement back then expressed concerns about potential foul play against the couple from Scarsdale, New York, partly because Catherine Romer was wearing about $81,000 worth of jewelry. The pond was being drained, police said, to determine if there are additional remains.

Persons: Charles, Catherine Romer, Charles Romer, Catherine Organizations: New York, Continental, Police Department, Royal, Georgia Bureau of Investigation Locations: Georgia, Glynn, New Jesup, Miami Beach , Florida, Scarsdale , New York, Florida

"It was apparent that the man had suffered a significant fall in icy terrain," the department said in a statement. The glade is near state-run Cannon Mountain, a historic ski resort scheduled to open for the season on Friday. Search-and-rescue crews bushwhacking through cold, mountainous terrain came upon the hiker's body within Saturday's first hour on Kinsman Ridge, a feature that leads to Cannon Mountain, the department said. Conditions over the weekend were cold enough to welcome 8 inches of new snow, according to Cannon Mountain's daily weather report on Monday. "Winter conditions have arrived in the mountains, and hikers are encouraged to be prepared for their trek," the Fish and Game Department said.

Persons: Christopher Huyler, Huyler, Cannon Organizations: Game Department, and Game Department, Fish and Game Department, Team, The New, The New Hampshire Office, National Weather Service Locations: New, Littleton , New Hampshire, Franconia Notch, Franconia, Kinsman, Cannon, The New Hampshire, North America, Boston

☆ Trump’s evasion of January 6 accountability will echo for next four years and generations to come
▼ + stars: | 2024-11-26 | by ( Stephen Collinson | ) edition.cnn.com time to read: +11 min

The federal elections case led to a Supreme Court ruling granting a president limited immunity for official acts. This is likely to reinforce Trump’s belief that he will have almost unchecked authority and will therefore reverberate through the next four years and generations to come. And by voting the way they did, Americans effectively exonerated him in the federal cases — on charges that could have landed him in jail. Drew Angerer/Getty ImagesWhat the thwarting of accountability meansThere will be short- and long-term consequences from Trump escaping accountability. But he also portrayed Trump’s evasion of a trial as a dark day for America.

Persons: Jack Smith, Donald J, Trump, Trump’s, –, “, Smith, ”, Donald Trump, Drew Angerer, ” James, Julia Chatterley, “ It’s, Tanya Chutkan, Merrick Garland, Garland, —, I’m, Steven Hirsch, ” Trump, ” Smith, Joe Biden, Dan Goldman, CNN’s Boris Sanchez Organizations: CNN, Trump, Capitol, Department, US, Hofstra University, CNN International, Democrat, Justice Department, Democrats, Democratic House, stoke, Republican Party, Republican, Manhattan Criminal, FBI, MAKE, New York Democrat, America, United Locations: United States, America, Washington ,, Washington, New York, Georgia, New York City, Florida

☆ The Fed's favorite inflation gauge is out Wednesday. It could show some bad news on prices
▼ + stars: | 2024-11-26 | by ( Jeff Cox | ) www.cnbc.com time to read: +2 min

At a time when most Federal Reserve officials see lower interest rates head, a key report on Wednesday is expected to show inflation drifting further away from target. The Commerce Department will release the October look at its personal consumption expenditures price index, the Fed's primary yardstick to measure the pace of price increases. "Recent data show progress on inflation has slowed," Brett Ryan, senior U.S. economist at Deutsche Bank, said in a note. "Recent wage data shows gains remain elevated and suggests core inflation is unlikely to cool near the Fed's 2% target," BlackRock experts said Monday in their weekly market note. "Markets have been pricing out Fed rate cuts — and moving closer to our view — as it becomes clearer that inflation pressures could prove persistent."

Persons: Dow Jones, What's, Donald Trump's, Brett Ryan Organizations: Federal, Commerce Department, Deutsche Bank, BlackRock

☆ Intel awarded $7.9 billion from the CHIPS Act ahead of Trump's second term
▼ + stars: | 2024-11-26 | by ( Jyoti Mann | ) www.businessinsider.com time to read: +2 min

The US Department of Commerce announced the grant, part of the CHIPS Act, on Tuesday. President-elect Donald Trump has criticized the CHIPS Act in favor of tariffs. Intel is receiving about $7.9 billion in federal grants, the US Department of Commerce said Tuesday, as the Biden administration finalizes CHIPS Act agreements ahead of Donald Trump taking office. President-elect Trump has previously criticized the CHIPS Act and suggested he would prefer tariffs to incentivize semiconductor manufacturing on US soil. The CHIPS Act cash will help Intel boost its semiconductor production in the US.

Persons: Biden, Donald Trump, Joe Biden's, Trump, Gina Raimondo, Pat Gelsinger Organizations: Intel, US Department of Commerce, Department of Commerce, New York Times, Bloomberg, Street, Qualcomm Locations: Arizona , New Mexico , Ohio, Oregon

☆ Opinion | Don’t Break Up Google
▼ + stars: | 2024-11-26 | by ( Herbert Hovenkamp | ) www.nytimes.com time to read: +2 min

Last week, the Justice Department and a group of states presented the judge with a plethora of proposed remedies. It would also be barred from making itself the default search engine on its own products and disallowed from preferring its own products in search results. The test for a successful remedy is whether the market becomes more competitive, with higher output or a better experience for consumers. At this point, the Justice Department has not sufficiently explained why its proposed actions are an appropriate remedy. Some of the proposals were not addressed at any length in the judge’s opinion in the Google trial at all.

Persons: Amit P, Mehta Organizations: Google, D.C, Court, Department, Apple, Justice Department, Antitrust

Greg Abbott challenged President Joe Biden at almost every turn on the handling of the US southern border, as the state grappled with multiple border surges. Abbott described the upcoming border actions as a coordinated effort between border states and Washington. Texas officials and federal officials have historically worked together on the US-Mexico border. Texas state officials tout the work of their operation, arguing it served as a deterrent, and federal officials cite Biden’s executive action that levied harsher consequences for border crossers. “Texas has really been a lab for how mass round-ups of immigrants would work and how you can practically do it,” said Kristin Etter, the director of policy and legal Services at the Texas Immigration Law Council.

Persons: Greg Abbott, Joe Biden, Abbott, “ We’re, ” Abbott, Fox News ’ “ Hannity, ”, Donald Trump’s, “ We’ve, Trump, —, Michael Banks —, Tom Homan, Banks, Biden, Brad Coe, he’s, “, Coe, who’ve, Tom Schmerber, Schmerber, I’d, dueled, –, Kristin Etter Organizations: CNN, Trump, Texas Gov, Lone Star, Democratic, Fox News, Biden White, Customs, Abbott, Texas National Guard, Texas Department of Public Safety, Fox Business, National Guard, Homeland Security, Texas, Operation Lone Star, Republican, Maverick, Democrat, Department of Homeland Security, Biden Justice, Justice Department, Circuit, Texas Immigration Law Council Locations: Texas, Rio, But Texas, — Texas, Mexico, Washington, Kinney County, Maverick, Maverick County, Rio Grande, El Paso, “ Texas

☆ Constellation Brands' stock falls as Trump tariff plan threatens to make Modelo and Corona more expensive
▼ + stars: | 2024-11-26 | by ( Amelia Lucas | ) www.cnbc.com time to read: +2 min

Packages of Modelo Especial beer are displayed for sale in a grocery store on June 14, 2023 in Los Angeles, California. Shares of Constellation Brands fell 4% in morning trading after President-elect Donald Trump announced plans to place a 25% tariff on Mexican imports once he's inaugurated. Constellation imports all of its beer from Mexico, including Modelo and Corona. To offset the tariffs, Constellation would likely raise prices. Thanks to an antitrust settlement between Anheuser-Busch InBev , Grupo Modelo and the Department of Justice in 2013, AB InBev had to sell Modelo's U.S. business to Constellation.

Persons: Donald Trump, he's, Trump's, Chris Carey, Bud Light, Roth, Bill Kirk, Trump Organizations: Modelo Especial, Constellation Brands, Constellation, Modelo, Corona . Beer, Wells Fargo Securities, Anheuser, Busch InBev, Grupo Modelo, Department of Justice, InBev, General Motors Locations: Los Angeles , California, Mexico, Corona, Wells Fargo, U.S, Canada, China

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