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Bitcoin advanced past $94,000 on Wednesday for the first time as traders continued to monitor President-elect Donald Trump's transition back to the White House and weighed early options trading on bitcoin ETFs. The price of the cryptocurrency was last higher by more than 1% at $94,804.40, according to Coin Metrics. Earlier, it traded as high as $94,942.00. Meanwhile, MicroStrategy jumped 8%, bringing its week-to-date gains to 36%. Bitcoin has been regularly hitting fresh records since the election, though in smaller increments since the postelection rally faded last week, on hopes that Trump will usher in a crypto-friendly era for the industry that includes a more supportive regulation and a potential national strategic bitcoin reserve or stockpile.
Persons: Bitcoin, Donald Trump's, MicroStrategy, Trump Organizations: White, Metrics
Under Trump, the U.S. Department of Education is likely to abandon its efforts to deliver wide-scale student loan relief , experts say. It has done so mostly by improving existing student loan relief programs that had long been plagued by problems, including the Public Service Loan Forgiveness initiative and income-driven repayment plans. In June, U.S. District Judge Daniel Crabtree in Wichita, Kansas, described student loan forgiveness as having an "irreversible impact," in his decision to block one of the Biden administration's relief measures. For example, in February, some borrowers saw their debts reinstated under the Public Service Loan Forgiveness program. In a new report, the Consumer Financial Protection Bureau cites, among the errors reported by student loan borrowers, "balance reinstatements," in which a loan servicer tacks a loan balance back on to one's account.
Persons: I've, Trump, Mark Kantrowitz, who've, Joe Biden, Betsy Mayotte, Daniel Crabtree, Biden, aren't, Kantrowitz, they've, tacks Organizations: Trump, U.S . Department of Education, Education Department, Public, The, Student Loan Advisors, District, Finance, Black, College Investor, Consumer Financial, Bureau Locations: U.S, Wichita , Kansas
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Persons: Pedic Organizations: Business, Shipping Locations: Tempur
This would help me become a better partner and contribute more effectively to my wife and our shared financial goals. But we also saw the value of having a joint account for shared expenses, especially because we decided to split financial responsibility 50/50. We opened a joint bank account for shared expensesUpon moving in together, my wife and I first opened a joint checking and savings account for shared expenses. Our joint account also gave us a space dedicated to shared long-term savings goals, such as a wedding and a house. Separate from the joint account, I was responsible for setting up and managing my own budget, credit card, savings goals, and brokerage account.
Persons: , That's, wasn't Organizations: Service
AdvertisementI'm Australian but spend part of the year in New Orleans, and there's been some culture shock. Long before my first visit to New Orleans, I fell in love with the US city's historic culture. I'm still getting used to American coffeeI don't see much drip coffee in Australia, but it's everywhere in the US. I'm used to a certain standard and flavor. Bubbers BB/ShutterstockCompared to what I'm used to in Australia, everything is supersized in the US.
Persons: there's, I'd, I've, I'm, Shutterstock, DiAnna Paulk, it's, Brent Hofacker, Bubbers, wasn't Organizations: US, Taco Bell, New Orleans In New Orleans — Locations: New Orleans, Australia, Shutterstock, Orleans, States, New Orleans In New Orleans
The long-standing promise of a ban on menthol cigarettes, which has been years in the making, is unlikely to move forward before President-elect Donald Trump takes office in January. The FDA announced it would begin the process of banning menthol tobacco cigarettes in 2021. Since then, it has done all it is legally authorized to do to put the finalized rule to ban menthol in motion. But it’s politics, not public health, that is likely to keep menthol cigarettes on the market as Biden’s term ends. Murthy deferred questions about whether the Biden administration would push the ban through as one of its final acts.
Persons: Biden, Donald Trump, , , Avenel Joseph, Robert Wood Johnson, Trump, Vivek Murthy, ” Murthy, Avenel joseph, robert, johnson, ” Joseph, Murthy Organizations: and Drug Administration, Robert Wood Johnson Foundation, FDA, Public, Biden OKs, Disease Control, White Locations: U.S, United States
In today’s edition, White House correspondent Mike Memoli files a dispatch from Rio de Janeiro on President Joe Biden's final international summit. Biden fades into the background at his final international summitsBy Mike MemoliRIO DE JANEIRO — President Joe Biden’s final international summits almost certainly would have played out differently had the elections back home gone as he had hoped. But President-elect Donald Trump cast a long shadow over a seemingly humbled Biden as he bid farewell to his counterparts here. Read more → 🥊 Democrats’ next fight: Minnesota Democratic Party Chairman Ken Martin became the second candidate to jump into the race to lead the Democratic National Committee. Read more →Minnesota Democratic Party Chairman Ken Martin became the second candidate to jump into the race to lead the Democratic National Committee.
Persons: Mike Memoli, Joe Biden's, Steve Kornacki, Biden, Joe Biden’s, Donald Trump, , Trump, , Xi Jinping, Justin Trudeau, ” Trudeau, ” Biden, Joe Biden, Hillary Clinton, Clinton, It’s, Barack Obama, Dasha Burns, Dane, Kamala Harris, Steve, , edu, tim e Organizations: NBC, White House, Capitol, White, APEC, Canadian, Trump, , NBC News, Democratic, Republican, Hialeah, voters, Gwinnett, Biden, Trump’s, ics Locations: Rio de Janeiro, JANEIRO, Brazil, Peru, China, Japan, South Korea, America, Lima, Rome, , Maricopa County , Arizona, Maricopa County, Maricopa, Phoenix, Maryvale, Miami, Dade County , Florida, Cuban, Venezuelan, Doral, Aventura, Gwinnett County , Georgia, The Atlanta, Atlanta, Norcross, Kent County , Michigan, Michigan, Trump, Washoe County , Nevada, Washoe County, Clark County, Erie County , Pennsylvania, Erie, Dane County , Wisconsin, Poli
Trump has been “heavily working the phones” to Republican senators for their support on behalf of Gaetz, according to a transition official. Trump announced Gaetz as his pick nearly a week ago. The official said Trump’s transition knows Gaetz is the toughest confirmation they will have to fight for by far. Sen. Kevin Cramer, R-ND, said he had received a phone call from Trump personally urging him to support Gaetz. This year, Trump announced his first pick to be White House Chief of Staff Susie Wiles just two days after election day.
Persons: Donald Trump, Justice Department — Matt Gaetz —, Trump, JD Vance, Chris Wray's, Vance, Biden, Pete Hegseth, Gaetz, “ Trump, Sen, John Thune, Kevin Cramer, ” Cramer, Ron Klain, Susie Wiles, Ben Carson, Carson, Elon Musk, Musk, Howard Lutnick Organizations: Justice Department, FBI, Trump, State , Defense, Homeland Security, Commerce, National Intelligence and National Security, White, Urban, Treasury Department, ‘ Department, Government Locations: Mar
More consequential, however, was the stagnant or shrinking turnout in these cities, which — coupled with turnout growth in Republican counties across the blue wall — drove Trump’s victory. While the number of voters throughout the rest of Michigan grew by 2.6%, the number in Detroit fell by 4%. NBC News Decision DeskThe third large blue wall city is Milwaukee, which makes up about 60% of Milwaukee County’s population. Even though turnout grew slightly overall in the city, just over half of precincts (58%) experienced a turnout decrease. Comparing Milwaukee’s sluggish turnout to Dane County — which is Wisconsin’s other large Democratic county, where turnout increased by over 6% — helps to show how different demographics may explain turnout changes.
Persons: Donald Trump’s, Pennsylvania —, Kamala Harris’s, Harris ’, Milwaukee County , Wisconsin —, Harris, Joe Biden, Wayne, Biden, Trump, Dane County, Dane, Dane County’s, Detroit —, Joe Biden’s Organizations: NBC, Democratic, Republican, Dane County, Milwaukee, Wisconsin Locations: Michigan , Wisconsin, Pennsylvania, Wayne County , Michigan, Detroit, Philadelphia County , Pennsylvania, Milwaukee County , Wisconsin, Philadelphia, Wayne County's, Michigan, Milwaukee, Wisconsin, Dane, Milwaukee’s, Dane County
Fresh from a devastating loss to Donald Trump, Vice President Kamala Harris may now head to Capitol Hill to defy him in what could be her last major act in office. As the president of the Senate, Harris wields the constitutional power to provide a tie-breaking vote. “We are going to use the lame duck to confirm judges. GOP senators can slow the process down, but Democrats need a simple majority to overcome any obstruction and confirm judges. The senior administration official declined to discuss whether Biden has talked to Harris or Schumer about lame-duck confirmations.
Persons: Donald Trump, Kamala Harris, Joe Biden, Trump, Harris, , Chuck Schumer, Biden, , , Sen, Elizabeth Warren, Warren, Schumer, ” Schumer, irking Trump, ” Trump, ” Sen, Mazie Hirono, they’re, That’s, “ I’m, “ Hope she’s Organizations: Capitol, House, Senate, D.C, Biden, NBC News, Radical, Republican Senators, Trump, Republicans, Democrats, Appeals, White, Democratic, Dems Locations: Hawaii, California
Senate Democrats who pulled off victories even as President-elect Donald Trump won their states believe the Democratic Party can learn some lessons from their races as it grapples with losing control of Washington. Democrats still lost the Senate majority despite those victories, with Republicans flipping seats in Montana, Ohio and West Virginia. Democrats acknowledged Harris faced some headwinds in running a protracted campaign after taking over the ticket in late July. And while his party lost the White House, the House and the Senate, Schumer touted the Senate victories as more evidence that the party should be focused on the economy. Sometimes Democrats may be a little too solution-oriented, and people want to, first before you get to the solutions, hear empathy.
Persons: Donald Trump, , ” Sen, Elissa Slotkin, Kamala Harris, ” Slotkin, Slotkin , Arizona Sen, Ruben Gallego, Nevada Sen, Jacky Rosen, Wisconsin Sen, Tammy Baldwin, Trump, Susan Collins, Rosen, Baldwin, Democratic Sen, Bob Casey, Dave McCormick, McCormick, Harris, ” Baldwin, he’s, ” Gallego, Chuck Schumer, Joe Biden, “ I’m, ” Schumer, Schumer, Organizations: Democratic Party, Democratic Senatorial, Democratic, Republican, Wisconsin, GOP, NBC News, Senate Locations: Washington, Michigan, Slotkin , Arizona, Nevada, Montana , Ohio, West Virginia, Pennsylvania, Arizona,
And now, as Trump continues to fill out the upper echelons of his transition and administration, some key donors appear to be in the fray. Chris Wright, the Liberty Energy CEO tapped to be Trump’s energy secretary, gave the campaign and affiliated committees more than $235,000. Marc Rowan, the billionaire CEO of Apollo Global Management, gave $1 million to Right for America, a pro-Trump super PAC. The super PAC also ran a controversial program that gave away $1 million checks to swing-state voters who signed Musk's petition. (His father, Charles Kushner, who was pardoned by Trump, gave that same amount, plus another $1.2 million to a pro-Trump super PAC).
Persons: megadonors, Donald Trump's, Trump, Linda McMahon, McMahon's, Howard Lutnick, Lutnick, Chris Wright, Scott Bessent, Marc Rowan, Elon Musk, Musk, Ike Perlmutter, Jared Kushner, Trump's, Charles Kushner, Tim Mellon, Miriam Adelson, megadonor Sheldon Adelson Organizations: Trump's Small Business Administration, Trump, Inc, MAGA Inc, Commerce Department, Liberty Energy, NBC, Treasury Department, Apollo Global Management, Street, Treasury, America PAC, PAC, Marvel Entertainment, America, Dallas Mavericks Locations: America
President-elect Donald Trump is now receiving intelligence briefings after having declined them during his campaign, according to a source with knowledge of the matter and a former U.S. official. “ODNI is acting consistent with the tradition, in place since 1952, of providing intelligence briefings to the President-elect,” an ODNI spokesperson said. The office would not comment specifically on whether Trump was actually accepting the offer of the briefings. A Trump transition team representative was not able to confirm that Trump had begun receiving the briefings. Before the election, Trump had said he did not want to get the intelligence briefings to avoid any chance he would be accused of leaking information.
Persons: Donald Trump, Harry Truman, “ ODNI, , Trump, Truman, ” Trump Organizations: U.S ., National Intelligence, Washington Post, Trump, White Locations: U.S, Lago, Florida, Mar
New York prosecutors told the judge who presided over Donald Trump's hush money trial on Tuesday that his sentencing should be postponed while the president-elect's lawyers file further legal arguments asking the case be dismissed. The proposal Tuesday from Manhattan District Attorney Alvin Bragg's office would need to be signed off on by Judge Juan Merchan to become official. A ruling against Trump on the issue would have paved the way for the judge to proceed with his sentencing, which was tentatively scheduled for Nov. 26. That case has been paused while Trump and some of his co-defendants seek to have an appeals court remove Willis from the case for an alleged conflict of interest. Trump's lawyers have contended that even if she’s allowed to remain on the case, any Trump trial would have to wait until he’s out of office in 2029 because of constitutional issues.
Persons: Donald Trump's, Alvin Bragg's, Judge Juan Merchan, Merchan, Trump, Matthew Colangelo, ” Colangelo, Court's, Michael Cohen, Stormy Daniels, Daniels, he’s, Hope Hicks, Madeleine Westerhout, Cohen, Court’s, ” Trump, Bragg, He’s, Fani, Willis Organizations: Manhattan, U.S, Trump, Trump White House, Lawyers, Prosecutors, Justice Department Locations: York, U.S ., , Fulton County, Georgia
The Cantor Fitzgerald CEO has led and been the public face of Trump’s transition. As co-chair of Trump's transition, Lutnick has been an outspoken advocate for Trump’s agenda, including explaining how he plans to use tariffs once in office. Lutnick is the CEO and chairman of financial services titan Cantor Fitzgerald. Adam Gray / Bloomberg via Getty Images fileLutnick has been at Cantor Fitzgerald since the early 1980s when he graduated from Haverford College in Pennsylvania with an economics degree. Lutnick was working at Cantor Fitzgerald when terrorists targeted New York’s World Trade Center towers on Sept. 11, the firm's headquarters.
Persons: Donald Trump, Howard Lutnick, Cantor Fitzgerald, Lutnick, Adam Gray, Trump, Lutnick's, Elon Musk, evincing Organizations: WASHINGTON, Commerce Department, The Commerce Department, Bloomberg, Getty, Haverford College, New, Trade, Punchbowl News, Trump, Treasury, Elon, ‘ Department, Government Locations: United States, New York, Pennsylvania
For “Interior Chinatown” star Jimmy O. Yang, playing an invisible Chinatown extra in the new series hit close to home. “Interior Chinatown,” based on the National Book Award-winning novel of the same name by Charles Yu, is technically a show within a show. His character, Willis, sneaks into “Black and White” by disguising himself as the tech guy and the Chinese food deliveryman, using these stereotypes to his advantage. Though Willis learns to jump between the worlds of “Black and White” and Chinatown, Fatty stubbornly refuses to leave the Chinese restaurant where the two friends work. “We were really strategic with when to highlight the fact that I came from both worlds,” Bennet said.
Persons: Jimmy O, Yang, Willis Wu, Charles Yu, — Yang, Chloe Bennet, Ronny Chieng —, Willis, ” Yang, , “ We’re, , Fatty Choi, Fatty, ” Chieng, Mike Taing, Lana Lee, Bennet, ” Lee, Lana, ” Bennet, “ Lana, Charlie, Yu Organizations: Hulu, Chinatown Locations: , Chinatown, America, Hulu
Members of the EU Parliament applaud at the end of a videoconference speech by Ukrainian President Volodymyr Zelensky at the EU Parliament in Brussels, Belgium, on Tuesday. Nicolas Tucat/AFP/Getty ImagesUkraine is hoping to make 2025 “the year of peace,” President Volodymyr Zelensky said in an address to the European Parliament held to mark the 1,000th day of Russia’s full-scale invasion of Ukraine. “Ukraine deserves to make the next year the year of peace,” Zelensky said in a video call to lawmakers in Strasbourg, France. “Ukrainian people have endured 1,000 days of this war,” he said in a later post on social media. We must do everything to end this war fairly and justly,” he said.
Persons: Volodymyr Zelensky, Nicolas Tucat, ” Zelensky, , Zelensky, Donald Trump, Trump, Putin, Organizations: EU, Getty, , White, Ukraine Locations: Brussels, Belgium, AFP, Ukraine, “ Ukraine, Strasbourg, France, Europe, Russia
At 34, he was the city’s youngest ever mayor, and he campaigned on a promise of self-determination for the predominantly Black city. It’s an ongoing factor in Mississippi politics,” said Leslie McLemore, a former Jackson State University political science professor who also once sat on the Jackson City Council. That was on top of years of boil-water notices that eroded residents’ trust in the city’s water supply. In April, a push by conservative legislators to strip local control of the city’s water system failed for the second time in the House. Rogelio V. Solis / AP fileByron D'Andra Orey, a political science professor at Jackson State University, said the bribery scandal could shape the municipal elections.
Persons: JACKSON, , Chokwe Antar Lumumba, Jackson, Lumumba, Jody Owens, Aaron Banks, Angelique Lee . Lumumba, Owens, Banks, Lee, “ I’m, Virgi Lindsay, Lindsay, , Leslie McLemore, ” McLemore, ” Jackson, Lauren Witte, Ronnie Crudup Sr, , that’s, Jacksonians, “ It’s, ” Kim Meeks, Rogelio V . Solis, Zakiya Summers, Summers, Tate Reeves, Reeves, Bill, “ H.B, Liam Kennedy, Chokwe Lumumba, Tupac Shakur, ” Jacksonians, Rukia Lumumba, Annie Cooper, Jan, Byron D'Andra Orey, CJ Rhodes, Mount Organizations: Miss, City, Republican, Democratic, Jackson State University, Jackson City Council, USA, New Horizon Church, City Council, DA, Rep, U.S . Justice Department, NAACP, Mississippi Army National Guard, Lumumba, Clarion, Ledger, , State Capitol, Mount Helm Baptist Locations: Black, Hinds, , Mississippi, Jackson, Mississippi’s, Jackson’s Fondren, Hinds County, , Northwest Jackson, Mount Helm
The outgoing American leader arrived for a family picture with world leaders during his final Group of 20 summit Monday, only to find the photo had already been taken without him. Chinese President Xi Jinping, Indian Prime Minister Narendra Modi and British Prime Minister Keir Starmer were among those who did make it, smiling and raising linked hands for the traditional summit set piece. One cameraman spotted him behind a nearby palm tree alongside Canadian Prime Minister Justin Trudeau and Italian premier Giorgia Meloni. Buda Mendes / Getty ImagesDuring the first session of the summit Sunday, Biden reflected on his impending departure from the White House. “As you know, this is my last G20 summit.
Persons: Joe Biden, Xi Jinping, Narendra Modi, Keir Starmer, , weren’t, , Biden, Justin Trudeau, Giorgia Meloni, Trudeau, Meloni, Sergei Lavrov, ” Biden, Rio de Janiero, Buda Mendes, Donald Trump, Jon Organizations: Indian, British, U.S, Canadian, Russian, Sunday, African Union, European Union Locations: Rio de Janeiro, Italian, Rio de
CCTV and other state media reported that the vehicle hit people outside a primary school in the city of Changde in Hunan province as students were coming in for the day. The scene after a car crashed outside a primary school in Changde, China, on Tuesday. Short video clips circulating on Chinese social media on Tuesday showed young children running into the Changde school compound, shouting, “Help.”One clip shows a compact, white SUV stopped beyond the school entrance. Reuters was able to verify that the location where the videos were shot matched the reported location of the crash at a primary school for children between about 6 and 12 years old. What has happened to society now?” said one commenter on social media platform Weibo.
Persons: , , People’s Procuratorate, Ying Yong, Weiguo, ” Qu Organizations: Police, Reuters, Changde, AFP, Getty, Weibo, ” Police, Fudan University Locations: BEIJING, China, Changde, Hunan, Zhuhai, China’s Wuxi, Wuxi, Weibo
But planning ahead to take advantage of them is getting harder, and that’s largely thanks to Amazon. NBC News’ Holiday Price Check is tracking the online prices of five gift items, each in a popular product category, to determine when the best deals hit. Already, it’s clear that Amazon is often setting the pace. Target, for example, has narrowed the online price gap with Amazon in key product categories since last year, Profitero found. But for retailers, the race for shoppers’ holiday dollars is increasingly a discounting competition.
Persons: , Trae Bodge, , Profitero, Vivek Pandya, upmanship, Janelle Rasey, “ We’ll, Donald Trump, Jack Kleinhenz, you’re, it’s, It’s, ” Pandya Organizations: Amazon . NBC, Amazon, Walmart, Amazon Prime, Amazon’s, AirPods, NBC News, House, NBC, Retail, National Retail Federation, Locations: Seattle
After having called more than 30 witnesses, the prosecution in the manslaughter trial of Daniel Penny, who is charged in the chokehold death of Jordan Neely, rested its case Monday. Penny put him in a chokehold that lasted about six minutes, prosecutors have said and evidence presented at trial has shown. Penny’s attorneys have said he acted to protect himself and other subway riders from “a seething, psychotic” Neely. Again and again, Harris answered that she believed the chokehold was the most probable cause of Neely’s death. Harris testified Friday that she based her ruling on her autopsy findings, coupled with the video and the investigative information about it.
Persons: Daniel Penny, Jordan Neely, Penny, Neely, ” Neely, Andrew Savulich, Cynthia Harris, Steven, Harris, ” Harris, Jacqueline Penny, , Alexandra Fay, Penny’s Organizations: Prosecutors, Republican, TNS, Getty, Marines Locations: , New York City, West Islip, Long, neighborly, Miami
Palmer wrote about their "unhealthy relationship" in her new memoir, "Master of Me." Keke Palmer is reflecting on her "unhealthy" relationship with ex-boyfriend Darius Jackson and why it had to end. In August 2023, Palmer seemingly referenced Jackson's comments in Usher's music video for 'Boyfriend'In Usher's music video, Palmer was seen wearing a white bathrobe and getting glammed up for a night out with friends. Later in the video, Palmer and Usher bumped into each other at a casino, wearing the same outfit. Palmer wrote about her relationship with Jackson in her memoir, 'Master of Me'In her book, Palmer writes about Jackson's reaction to her appearance at Usher's concert, calling it "unexpected."
Persons: Keke Palmer, Darius Jackson, Leodis Jackson, Palmer, could've, Jackson, Palmer's, Leo, Sarunas Jackson, Alejandro, Dro, who's, Issa Rae, Derek White, WireImage Palmer, they'd, Tamron, Bustle's Sylvia Obell, Obell, Palmer didn't, Leodis Andrellton Jackson, I'm, Gregg DeGuire, Usher, you've, it's, Pop Crave, Jackson trespassed, Jackson didn't, didn't, she's, we've, Gayle King, Libby Torres Organizations: Business, HBO, Las, Entertainment, Palmer, CBS Locations: gush, Jackson, Palmer, Pacific Palisades , California, Instagram
Mr. Trump’s appearance at the launch demonstrates the growing closeness between the two billionaires, and Mr. Musk’s increasing influence in Mr. Trump’s realm. Last week, Mr. Trump announced that Mr. Musk would lead a yet-to-be-created government agency, and Mr. Musk has become a staple in Mr. Trump’s transition. Mr. Musk has frequently attended meetings with him at Mar-a-Lago, Mr. Trump’s private residence, and traveled with Mr. Trump to meetings in Washington. As has been the case with many of Mr. Trump’s job candidates, Mr. Musk’s influence and presence brings potential conflicts of interest. Although he and Mr. Musk only recently became close allies, Mr. Trump had long expressed admiration for Mr. Musk’s rocket launches and would frequently reference SpaceX during campaign speeches.
Persons: Donald J, Trump, SpaceX’s, Elon Musk, Musk, Trump’s, Musk’s Organizations: Elon, Mar, Mr, Musk’s SpaceX, SpaceX, Musk’s Locations: Brownsville , Texas, Washington
AdvertisementAs first lady, Melania Trump remained an enigmatic figure and strayed from White House traditions. She led White House restoration projects, renovating the Rose Garden and designing a new rug for the Diplomatic Reception Room. Melania Trump will once again serve as FLOTUS when President-elect Donald Trump is inaugurated for his second, non-consecutive term in January. Here's how Melania Trump has defied expectations as first lady thus far. The Office of Melania Trump and representatives for the Trump transition team did not immediately respond to a request for comment.
Persons: Melania Trump, Jill Biden, Donald Trump Organizations: Trump, White House, National Museum of, Biden, White, Melania Locations: White
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