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☆ Life after Google: 8 laid-off employees reflect on being let go, what they did next, and their advice for others
▼ + stars: | 2024-12-09 | by ( Jane Zhang | ) www.businessinsider.com time to read: +25 min

Google said it provided impacted employees with outplacement support and invited them to apply for open roles across the company. I miss a lot about Google, but more about the early days when it felt like a family. AdvertisementAnonymous Google employeeA senior software engineer who was laid off in January 2024 secured another job at Google a few weeks later. I had to take medical leave for depression at another fast-paced Big Tech job I'd worked; at another job, things felt like they moved at a glacial pace. Losing a job is traumatic, but it's humbling to think about how much Google transformed my life.

Persons: Jonea Gordon, Philadelphia Jonea Gordon Gordon, We'd, I'd, — I'd, Lois, Kyongsook, Kim, Seoul Lois Kim Kim, who'd, I've, Joe's, didn't, there's, Sylvia Duran, Sylvia Duran Chen Duran, I'm, Aaron Gabriel Neyer, Boulder , Colorado Aaron Neyer Neyer, Eric Wages, Massachusetts Eric Wages Ilene Perlman, — I'm, they've, who's, would've, Shao Chun Chen, Singapore Shao Chun Chen Chen, —, weren't, Camila Ferraz, Zurich Camila Ferraz Ferraz, Paolo, it's Organizations: Google, Big Tech, Philadelphia, Meta, Amazon, Facebook, Toyota, Hanmi Group, Starbucks, US, San, YouTube, Ivy League, LinkedIn, Intuit, University of Colorado Boulder's Atlas Institute, Boulder City Council, Human Relations, Idealum Solutions, National University of Singapore Locations: Seoul, Korea, Korean, San Francisco, Idaho, Florida, San Diego, YouTube Mexico, Singapore, Seattle, Boulder , Colorado, Boulder, Massachusetts, Silicon Valley, Malaysia, Indonesia, Pakistan, Japan, Miami, Zurich, Brazil, Google's San Francisco

See more mortgage rates on Zillow Real Estate on ZillowMortgage CalculatorUse our free mortgage calculator to see how today's mortgage rates will affect your monthly and long-term payments. 15-Year Mortgage RatesAverage 15-year mortgage rates have been hovering around 5.60%, according to Zillow data. 5-Year Mortgage Rate TrendsHere's how 30-year and 15-year mortgage rates have trended over the last five years, according to Freddie Mac data. Mortgage rates are determined by a variety of different factors, including larger economic trends, Federal Reserve policy, your state's current mortgage rates, the type of loan you're getting, and your personal financial profile. Mortgage rates are still elevated, but over time they should ease as the Fed lowers rates.

Persons: they've, we'll, there's, Freddie Mac Organizations: Federal Reserve, Mortgage Research Center, Mortgage, Zillow, ARM, Federal Housing Administration, Department of Veterans Affairs, Fed Locations: U.S, Chevron

☆ Loonie, Aussie in focus while U.S. dollar idles
▼ + stars: | 2024-12-09 | by ( ) www.cnbc.com time to read: +3 min

The Canadian dollar and Australian dollar were in focus on Monday ahead of their central bank meetings this week, while the euro and other major currencies held steady as traders reviewed the U.S. dollar's prospects. On the former, a quarter point cut by the ECB is baked in. The Canadian dollar is trading near a 4-1/2-year low as markets anticipate another outsized interest rate cut. Markets give a higher probability for a larger 50 basis point cut, and are even priming for negative interest rates by next year. While the case for the rate cut seems sealed, investors have one eye on U.S. consumer price inflation (CPI) data due this week.

Persons: Donald Trump, Morgan Stanley, China's, Chris Weston Organizations: Canadian, Federal Reserve, European Central Bank, Economic Work, ECB, The Bank of Canada, BoC, Reserve Bank of Australia, Swiss National Bank, Australian, Swiss, Fed, CPI, U.S Locations: Asia, China

The 10-year U.S. Treasury yield edged higher on Monday as investors continued to assess how the latest jobs data could impact the Federal Reserve's interest rate decision next week. The yield on the 10-year Treasury rose around 1 basis point to 4.166%, regaining some ground after losing steam last week. The 2-year Treasury yield was also up 1 basis point at 4.108%. Yields and prices moved inversely to one another, and one basis point equals 0.01%.

Organizations: Treasury

☆ Reddit begins testing AI-powered answers feature to win more users
▼ + stars: | 2024-12-09 | by ( Jonathan Vanian | In | ) www.cnbc.com time to read: +4 min

A small portion of Reddit's U.S. user base will have access to the Reddit Answers feature as part of an initial test before the company rolls the feature out more broadly. Reddit Answers is available via a new button on the company's homepage. Reddit Answers is more "about building a bridge to the content than it is about being a replacement for it," said Piantino. People will be able to use Reddit Answers to query any topic except those deemed NSFW, or not safe for work, Piantino said. With Reddit Answers, the company may be able to get more users to search for Reddit content on the platform, reducing the company's reliance on Google for traffic.

Persons: Steve Huffman, Piantino, Huffman, Reddit, Reddit isn't Organizations: Reddit, WSJ Tech, Wall, BMW, CNBC, Google Locations: Laguna Beach , California, U.S

☆ China's top leaders are set to discuss GDP growth target, stimulus measures amid economic worries
▼ + stars: | 2024-12-09 | by ( Anniek Bao | In | ) www.cnbc.com time to read: +5 min

BEIJING, CHINA - NOVEMBER 8: Chinese President Xi Jinping arrives for a signing ceremony with Italian President Sergio Mattarella (not pictured) at The Great Hall Of The People on November 8, 2024 in Beijing, China. Usually, the annual conference is preceded by the high-profile gathering of the Politburo, the top decision making body led by president Xi. While the specific numbers will not be announced until March, it is widely expected that Beijing will keep its next year's GDP growth target at "around 5" — same as the current year — if not slightly lower. China's President Xi Jinping and then U.S. President Donald Trump at a working session on the first day of the G20 summit in Hamburg, northern Germany, on July 7, 2017. "A policy bazooka could arrive if the Trump tariffs hit China's exports hard," Macquarie's Hu said, adding that Beijing will have to stimulate domestic demand to achieve its growth target.

Persons: Xi Jinping, Sergio Mattarella, Florence Lo, Xi, Goldman Sachs, Larry Hu, Lynn Song, Donald Trump, Morgan Stanley, Patrick Stollarz, Trump, Macquarie's Hu, Hu Organizations: Getty, Getty Images, Bloomberg, Goldman, Macquarie, ING, of Finance, Barclays, AFP Locations: BEIJING, CHINA, Beijing, China, Florence, Hamburg, Germany, China's

☆ European markets set for a flat to lower start to the new trading week
▼ + stars: | 2024-12-09 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +1 min

European markets are expected to start the new trading week on a somber note, looking set to open in flat to lower territory Monday. Traders will be assessing geopolitical upheaval in the Middle East after the ousting of Syrian President Bashar al-Assad over the weekend. South Korea's Kospi stock index fell over 2% after President Yoon Suk Yeol survived an impeachment vote over the weekend. The November consumer price index, due out Wednesday, is expected to show a slight uptick in pricing pressures. Economists polled by Dow Jones expect a 0.3% and 2.7% monthly and yearly increase, respectively.

Persons: Germany's DAX, Bashar al, Assad, Yoon Suk Yeol, Dow Jones Organizations: France's CAC, IG, Traders, Nasdaq Locations: Europe, Asia, Pacific

☆ ‘Lifting from head to toe’: Weight-loss drugs boost popularity of surgeries to remove extra skin
▼ + stars: | 2024-12-09 | by ( Brenda Goodman | ) edition.cnn.com time to read: +11 min

Their relative youth and health mean people seeking skin removal after weight loss tend to recover quickly after their surgeries, which is a bonus, she said. Dayan says he’s done a handful of lifting procedures on weight loss patients, and although some people are pleased with their results, others aren’t. Courtesy Leah RussellWhat to expect after surgeryInsurance will sometimes cover skin removal procedures after weight loss. Is there anything that can prevent sagging, loose skin after weight loss? Biology and genetics often determine how elastic the skin may be, but the rate of weight loss seems to be important, too.

Persons: Leah Rae Russell, it’s, That’s, ”, Russell, she’s, Steven Dayan, “, tucks, Michele Shermak, Shermak, Dayan, he’s, ” Russell, Leah Russell, that’s, who’d, Leah Russell Leah Russell, Leah Russell “, ” Shermak, Dr, Sanjay Gupta, I’ve Organizations: CNN, University of Illinois, American Society of Plastic Surgery, Facebook, CNN Health Locations: South Sioux City , Nebraska, Baltimore, Aurora

☆ Taylor Swift's Eras Tour was a billion-dollar success that set a new bar for pop stars. Not even she can reach it again.
▼ + stars: | 2024-12-09 | by ( Callie Ahlgrim | ) www.businessinsider.com time to read: +6 min

Taylor Swift's Eras Tour concluded on Sunday in Vancouver. AdvertisementThe Eras Tour has been widely celebrated as a cultural phenomenon and money-making marvel. Swift's tour boosted local economies across the globe, from the US to the UK to Singapore. Gareth Cattermole/TAS24/Getty Images for TAS Rights ManagementAs a literal billionaire, Swift's Eras Tour set a standard that's impossible for most artists to meet. "I'll never forget the call when I explained my idea of the concept for the Eras Tour to my team.

Persons: Taylor, Swift, Taylor Swift, I've, — Swift, Taylor Swift's, Gareth Cattermole, Jennifer Lopez, Bad Bunny, Billie Eilish, that's, Eilish, I'm, let's, Gregor Fischer, Swift's, Swifties, would've Organizations: The New York Times, Rights Locations: Vancouver, Singapore

☆ Polarization: Merriam-Webster’s word of year is 2024 in a nutshell
▼ + stars: | 2024-12-09 | by ( Karina Tsui | ) edition.cnn.com time to read: +2 min

CNN —A word that has been used incessantly to describe the fraught state of American politics and society is Merriam-Webster’s 2024 word of year. “The online dictionary tells us which words are being looked up, but also in what volume. “And polarization is the term that has been used by everyone.”Other contenders for word of the year included “totality,” following an April solar eclipse that drew astronomical excitement, and “fortnight,” the primarily British word that’s also a Taylor Swift song. Merriam-Webster is one of the final few English-language dictionary platforms to release its annual word. Earlier in December, Oxford Dictionary announced that “brain rot” was its word of the year, while Cambridge Dictionary declared “manifest” its lead word for 2024.

Persons: ” Forbes, ” Merriam, Webster, ” Peter Sokolowski, ”, Taylor, “, Jools Lebron Organizations: CNN, Merriam, MSNBC, Associated Press, Oxford, Cambridge Locations: Merriam

☆ ‘Raygun: The Musical’ pulled after controversial breakdancer calls in lawyers
▼ + stars: | 2024-12-09 | by ( Issy Ronald | ) edition.cnn.com time to read: +3 min

CNN —A musical inspired by viral Olympic breakdancer Raygun was shut down hours before it was due to open on Saturday, after lawyers representing the athlete threatened legal action, the show’s creator said on social media. Steph Broadbridge, an Australian comedian who wrote and intended to star in “Raygun: The Musical,” said in a video posted on Instagram that the breakdancer’s “lawyers got in touch with the venue and threatened legal action.”Comedian Steph Broadbridge wrote and intended to star in the show. She added that Gunn’s lawyers trademarked the musical’s poster, which featured a silhouette of the breakdancer’s famous kangaroo hop and said she couldn’t perform that dance as Gunn “owns” it. How would I possibly be able to do that without any formal breakdancing training?” Broadbridge said. That listing now says the show is called “Breaking: The Musical.”CNN has contacted Gunn’s management team at the agency Born Bred for comment.

Persons: Steph Broadbridge, ”, Marc Grimwade, Rachael Gunn, “, ” Broadbridge, Gunn “, Gunn’s, Broadbridge, Gunn Organizations: CNN, Kinselas, Paris Olympics, Emergency, ” CNN, 7news Locations: Australian, “, Sydney, United States, France, Lithuania, Australia

☆ Household finance outlook hits highest since February 2020 following Trump win, New York Fed survey shows
▼ + stars: | 2024-12-09 | by ( Jeff Cox | ) www.cnbc.com time to read: +2 min

U.S. President-elect Donald Trump holds an award during the FOX Nation's Patriot Awards at the Tilles Center on December 05, 2024 in Greenvale, New York. Optimism about household finances hit a multiyear high following Donald Trump's presidential election victory in November, according to a New York Federal Reserve survey released Monday. Even with the increase in sentiment, consumers' inflation outlook is still cautious, according to the New York Fed Survey. Though Trump has made little mention of attacking the government's debt and deficit load, the outlook there improved as well. The median expectation for growth in government debt was at 6.2%, down 2.3 percentage points from October and the lowest level since February 2020.

Persons: Donald Trump, Donald Trump's, Joe Biden, Trump Organizations: FOX, Tilles Center, New York Federal Reserve, White, Republican, New York Fed Survey Locations: Greenvale , New York, New

☆ Ukraine's changing up its Black Sea attacks on Russia with drone boats armed with machine guns and flying exploding drones
▼ + stars: | 2024-12-09 | by ( Jake Epstein | ) www.businessinsider.com time to read: +4 min

The naval drones used in these recent engagements were said to have been equipped with new weapons and strike capabilities, highlighting Ukraine's innovation in this space. Ukraine typically loads its naval drones with explosives and drives them directly into targets; they detonate on impact. Докладноhttps://t.co/xGrVFNsBIr pic.twitter.com/WnfNSnYaDl — Військово-Морські Сили ЗС України (@UA_NAVY) December 7, 2024This strategy depicted in the video essentially saw the naval systems converted into drone-carrying motherships. The SBU said that its newly modified Sea Baby drones had been equipped with large-caliber machine guns and automatic target acquisition. Ukraine fields several different variants of its domestically produced naval drones, including the Sea Baby platforms used by the SBU last week.

Persons: ince, Украни вцеадмрал, Олексй Нежпапа Organizations: Russian, Ukrainian Navy, BU, ВМС, ЗС Locations: Ukraine, Moscow, Russian, Crimean, Kyiv

☆ Judge pauses lawsuit alleging Trump’s Education secretary pick enabled sexual abuse of children decades ago
▼ + stars: | 2024-12-09 | by ( Katelyn | ) edition.cnn.com time to read: +3 min

The lawsuit raises questions of what McMahon knew and when at the time she was head of the professional wrestling company and a ringside announcer allegedly preyed on underage boys. The pause has the potential to delay the case through any Senate confirmation proceeding for McMahon, who denies the allegations. The case recently arose after Maryland changed its law to lift the statute of limitations for lawsuits related to sex abuse of minors. Each of them say they suffered mental and emotional abuse as a result of the alleged abuse. The lawsuit claims that the McMahons were negligent as employers and failed to protect the plaintiffs, and that they were aware of Phillips’ alleged abuse.

Persons: CNN —, Linda McMahon, Donald Trump’s, Judge James Bredar, McMahon, Melvin Phillips Jr, Vince, John, Phillips, ”, Phillips ’, Vince McMahon, Linda, CNN’s John Towfighi Organizations: CNN, Education Department, World Wrestling Entertainment, WWE, Maryland Supreme, Holdings, Wrestling Entertainment Locations: Maryland’s, Maryland, Baltimore County , Maryland

☆ Gold firms as investors await U.S. inflation data for Fed clues
▼ + stars: | 2024-12-09 | by ( ) www.cnbc.com time to read: +2 min

Gold prices gained on Monday as investors awaited U.S. inflation data due this week for clues on the Federal Reserve's next monetary policy moves. Gold prices gained on Monday as investors awaited U.S. inflation data due this week for clues on the Federal Reserve's next monetary policy moves. Top consumer China resumed buying gold for its reserves in November after a six-month pause. Traders are now looking forward to U.S. inflation data due on Wednesday. Gold is often seen as a safe-haven asset during times of economic or political uncertainty.

Persons: Bullion, Yeap Jun Rong, Yeap, Bashar al, Assad Organizations: Federal, People's Bank of China, China, U.S, Federal Reserve Locations: U.S, Damascus, Russia

☆ My kids don't care about getting grounded or put in time-out. Docking their allowance got them to improve their behavior.
▼ + stars: | 2024-12-09 | by ( Bethaney Phillips | ) www.businessinsider.com time to read: +4 min

However, we realized that docking their allowance made them improve their behavior. We dock our kids' allowance to get them to behaveThe one move we have started seeing improvement upon is docking allowance. AdvertisementThere's something about the immediate disappointment of knowing you lost money and also not getting the full allowance later. AdvertisementThe author's kids can earn back any allowance money they lose. Docking our kids' allowance is fast and effective, and I can do it without raising my voice.

Persons: they've, Bethaney Phillips, we'd, I'm, We've

☆ How real is Chelsea’s title challenge? More questions for Man Utd over Ashworth exit? – The Briefing
▼ + stars: | 2024-12-09 | by ( Nick Miller | ) www.nytimes.com time to read: +11 min

Those are Chelsea’s next seven Premier League fixtures before they travel to face Manchester City on January 25. At a time when the other challengers are showing real fragility — Arsenal drawing with Fulham, Manchester City dropping points at Crystal Palace this weekend — Chelsea are pretty consistent. Wednesday is a bit juicier: big early 90s vibes with Milan vs Crvena zvezda, but for something a little more contemporary, there’s Borussia Dortmund vs Barcelona and Juventus vs Manchester City. That’s the men: the Women’s Champions League is also in town and it’s bringing Valerenga vs Arsenal, Manchester City vs St Polten, Bayern Munich vs Juventus and Chelsea vs Twente. The jumble of fixtures we’ve come to expect of this competition throws up Viktoria Plzen vs Manchester United, Rangers vs Tottenham and Ajax vs Lazio.

Persons: Dan Ashworth’s, it’s, They’ve, Maresca, Shaun Botterill, Cole Palmer, Moises Caicedo, Nicolas Jackson, Enzo Fernandez, Robert Sanchez, Reece James can’t, Dan Ashworth, Sir Jim Ratcliffe’s, Ashworth, Plumb, Ruben Amorim, Erik, Hag, Pep Guardiola, Russell Martin, It’s, Pep, Rico Lewis, Guardiola, Rico Lewis ’, it’s Rico, ” Guardiola, “, Russell Martin’s, Joe, Lumley, Martin, Matt McNulty, he’ll, Gary O’Neil, Julen Lopetegui, Graham Potter, Polten, There’s Organizations: weekend’s Premier League football, Merseyside, Manchester City, Arsenal, Brentford, Nottingham Forest, Manchester United, Chelsea, Everton, Fulham, Ipswich, Bournemouth, Wolves, Premier League, Morecambe, FA, Conference League, Liverpool, Tottenham, Leicester City FC, Getty, BBC, Crystal, BBC Radio, Southampton, Aston Villa, El, It’s Wolves, Champions League, Bayer Leverkusen, Inter, Girona, RB Leipzig, Crvena zvezda, there’s Borussia Dortmund, Barcelona, Juventus, Women’s Champions, Valerenga, Bayern Munich, Twente, Europa League, Viktoria Plzen, Rangers, Ajax, Lazio, Astana, Legia Warsaw, Swiss, Lugano, Fiorentina, LASK, Sheffield United, Millwall, Burnley, Derby, Leeds, Middlesbrough Locations: Leicester, Southampton, Newcastle, Manchester, Old, Ratcliffe, “ It’s Rico, West Ham, it’s, Kazakhstan

☆ Rebel group claims to have taken control of Myanmar’s border with Bangladesh in grinding civil war
▼ + stars: | 2024-12-09 | by ( Story Associated Press | ) edition.cnn.com time to read: +4 min

Myanmar’s military government did not immediately comment. Maungdaw, about 400 kilometers (250 miles) southwest of Mandalay, Myanmar’s second-largest city, has been the target since June of an Arakan Army offensive. The group captured Paletwa and Buthidaung, two other towns on the border with Bangladesh, earlier this year. The Myanmar town of Maungdaw, seen from the Teknaf area of Bangladesh just across the border on September 26, 2024. Mohammad Ponir Hossain/ReutersSince November 2023, the Arakan Army has gained control of 11 of Rakhine’s 17 townships, along with one in neighboring Chin state.

Persons: Myanmar’s, Aung, Suu Kyi, Khaing, Thurein Tun, Khaing Thukha, Mohammad Ponir Hossain Organizations: Bangkok AP, Arakan Army, Associated, Reuters, Rakhine Locations: Bangkok, Maungdaw, Bangladesh, Arakan, Rakhine, Suu, Mandalay, Myanmar’s, Myanmar, Chin, Ann, Bay, Bengal, Buthidaung, China

☆ Bond investors should look to Europe for the best bargains in 2025, BlackRock says
▼ + stars: | 2024-12-09 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: +3 min

Investors looking for a little extra yield from corporate bonds should consider adding exposure to Europe instead of the U.S., according to BlackRock. However, the bond market in Europe seems to be in good shape despite that, said Amanda Lynam, head of macro credit research. "European credit has held in remarkably well both relative to the U.S. but also, within European credit, high yield has outperformed [investment grade]. There are some "structural tailwinds" in the European debt market, Lynam said. Investors could also look for active funds where the managers share BlackRock's view and are adding exposure to European debt.

Persons: Amanda Lynam, Lynam, Wei Li, HYXU Organizations: BlackRock Investment Institute, U.S, BlackRock, U.S ., European Central Bank, SPDR Bloomberg, Corporate Bond, SEC Locations: Europe, U.S, BlackRock

☆ Citigroup sets 6,500 target for S&P 500 in 2025
▼ + stars: | 2024-12-09 | by ( Brian Evans | ) www.cnbc.com time to read: +2 min

The bank set a 6,500 target for the S & P 500 for 2025 as its base case. .SPX YTD mountain The S & P 500 is on pace to add more than 20% for the second-straight year. Citi's bull case has the S & P 500 scaling to 6,900, while its bear case calls for a pullback to 5,100. Chronert also forecast earnings growth of more than 13% for S & P 500 companies in 2025. Previous work showed that tariffs are likely to create a drag to earnings," Chronert said.

Persons: Donald, Scott Chronert, Chronert, Trump's Organizations: Citi, White, Nasdaq, Dow Jones

☆ Donald Trump Is Inheriting a Weaker Economy, Job Market Than It Seems
▼ + stars: | 2024-12-09 | by ( Neil Dutta | ) www.businessinsider.com time to read: +12 min

For Trump, this economy looks like a mirror image of the one he inherited in 2017. The soon-to-be Trump economy is facing down a trio of weak spots that could start to rear their heads pretty soon after Inauguration Day. Yes, the unemployment rate sits at just 4.1%, only a bit higher than its multidecade low. A variety of measures, however, suggest that the low headline unemployment rate overstates the degree of strength in the jobs market. In both cases, the unemployment rate was quite a bit higher, suggesting that the unemployment rate likely overstates the degree of health in the labor market.

Persons: Donald Trump, —, Trump, George W, Bush, Barack Obama, Joe Biden, it's, Biden, Kamala Harris, Jerome Powell, They're, Scott Bessent, there's Organizations: Trump, Manufacturing, overinvestment, Mortgage, American, Plan, Infrastructure Investment, Jobs, Representatives, Biden, Energy, Team Trump, Consumer, Republican, Treasury Locations: Washington, Trump, Germany, China, American, steelmaking, Georgia, Arizona

☆ Computer science grads say the job market is rough. Some are opting for a 'panic' master's degree instead.
▼ + stars: | 2024-12-09 | by ( Jaures Yip | ) www.businessinsider.com time to read: +10 min

Recent graduates told BI they have sent hundreds of job applications with little response. Some are choosing to pursue a "panic master's" degree to delay their job search. AdvertisementA computer science degree has become an increasingly popular choice for students seeking a six-figure job in Big Tech out of college. According to data from PayScale published last year, employees with a master of science degree make an average base salary of $112,000, compared to $72,000 for those with a bachelor's degree in computer science. "It just might not be a cushy tech job that all of us have been raised to think about."

Persons: Parvatini, Yahya Bashir, Gustavus Adolphus, Bashir, Emos Ker, Ker, " Ker, it's, David Garlan, they're, Ian Hurrel, Hurrel, PayScale, Sydney Bishop, Bishop, Samuel Onabolu, Onabolu Organizations: Penn State University, Big Tech, ADP Research, Gustavus, Gustavus Adolphus College, New York University, Carnegie Mellon, Columbia, CS, Carnegie, of Graduate Schools, Georgia Institute of Technology, Burning Glass Institute, Sydney, UC Irvine, Google, Microsoft, US Bureau of Labor Statistics, Brock University Locations: Big Tech

☆ From Trump and Turkey, to Russia and Iran — Syria's regime change has huge global consequences
▼ + stars: | 2024-12-09 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +8 min

TOPSHOT - This aerial picture shows a bullet-riddled portrait of Syrian President Bashar al-Assad adorning Hama's municipality building after it was defaced following the capture of the city by anti government fighters, on December 6, 2024. Omar Haj Kadour | Afp | Getty ImagesThe dramatic toppling of Bashar al-Assad's Syrian regime at the hands of rebel forces this weekend could have far-reaching consequences for the Middle Eastern country, global alliances and markets, according to analysts. An anti-government fighter holds a weapon as he keeps position near a defaced portrait of Syrian President Bashar al-Assad, in the city of Hama after forces captured the central Syrian city, on December 6, 2024. Omar Haj Kadour | Afp | Getty Images"The rapid collapse of the Assad regime in Damascus will have repercussions well beyond Syria. Russia weakenedThe other most notable "loser" from Assad's overthrow is his ally and backer Russia, which has helped prop up Assad's regime since the start of the civil war.

Persons: Bashar al, Assad, Omar Haj Kadour, Sham, —, Holger Schmieding, Schmieding, Donald Trump, Bill Blain, Emmanuel Macron, Volodymyr Zelenskyy, Julien De Rosa, Blain, Piccoli, Tayyip Erdogan, Thaier, David Roche, Trump, Iran's, " Roche, Vladimir Putin, Louai Beshara Organizations: Afp, Getty, Berenberg Bank, U.S, United Nations, Change, United Arab Emirates, sudani, Reuters, Quantum, Russia, Russian Federation Locations: Hama's, Damascus, Russia, Syria, Iran, Syrian, U.S, Turkey, Israel, Hama, Lebanon, Europe, Elysee, Paris, Ankara, Dubai, United Arab, Gaza, Ukraine, Moscow, Hmeimim, Syria's, Tartus

‘You’re bound to make mistakes’Former FBI profiler Mary Ellen O’Toole said determining his identity should come soon. “I’m thinking we’re going to know who this is within a matter of a few more days, if that,” O’Toole told CNN. NYPD officials said they believe the suspect left the city on an interstate bus, after video cameras showed him entering the George Washington Bus Terminal on 178th street but not leaving. After inspecting a backpack police sources said may have belonged to the shooter, authorities determined no gun was inside. Surveillance images released by authorities show the suspect riding an electric bike toward Central Park.

Persons: CNN —, Brian Thompson, Mary Ellen O’Toole, “, we’re, ” O’Toole, “ He’s, ”, Peter Young, ” Young, O’Toole, “ It’s, Tommy Hilfiger, Joseph Kenny Organizations: CNN, FBI, Police, Greyhound, George Washington Bus, Starbucks, New York Police Department, Authorities, NYPD, WABC, NYPD . Police Locations: New York City, Midtown Manhattan, Atlanta, Central Park, New

☆ Republicans are feeling great about the economy again. Democrats are seriously worried
▼ + stars: | 2024-12-09 | by ( Matt Egan | ) edition.cnn.com time to read: +6 min

Republicans, after years of doom and gloom, are feeling great about the economy again. After years of mostly good vibes about the economy, consumer sentiment among Democrats tumbled in December to the lowest level since the summer of 2022, when gas prices were near $5 a gallon. The post-election shift in the economic perceptions of Republicans and Democrats is not shocking. Consumer spending powers the economyTrump has repeatedly argued that his unprecedented trade agenda will not reignite inflation. In theory, these gaps could have significant consequences for the US economy, which is driven in large part by consumer spending.

Persons: Donald Trump’s, ”, Oliver Allen, “, ’ ”, Hector Sandoval, haven’t, Joanne Hsu, ” Hsu, “ It’s, Hsu, Trump, skyrocket, Reagan Organizations: New, New York CNN, Republicans, University of Michigan, Pantheon, University of Florida, University of Michigan’s Institute for Social Research, CNN, Federal Reserve, Trump Locations: New York, Mexico, Canada, China, Russia, Brazil

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