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Mexico gained tens of thousands of jobs when U.S. and foreign automakers moved their plants to Mexico under the free trade pact to take advantage of much lower wages. But the idea that Chinese parts — or even whole cars — could be piggybacking on that arrangement to further hollow out the U.S. auto industry has enraged some people north of the border. Mexico hopes the rules of the agreement would prevent the U.S. or Canada from simply walking away when the trade pact comes up for review in 2026. Mexican officials say they have fewer imports of Chinese parts and products than the United States does. In the end, Mexico may be forced to crack down on Chinese imports, but it won't be easy.
Persons: Donald Trump, Justin Trudeau, Claudia Sheinbaum, ” Sheinbaum, Sheinbaum, Marcelo Ebrard, ” Ebrard, Gabriela Siller, ” Siller, , . Mahoney, ” Mahoney, Sen, Sherrod Brown, José María Ramos Organizations: MEXICO CITY, , Canadian, Banco Base, Baker Institute, Ohio Democrat, Colegio, Associated Press Locations: MEXICO, — Mexico, North America, U.S, Mexico, Canada, Morena, China, Asia, United States, Mexican, Trump's, Texas, Ohio, Frontera Norte, Tijuana
Millions of Americans facing retirement are worried they won't be financially prepared — or fear that they'll have to work forever. Others said they took Social Security too early or retired without a long-term financial plan. Some older Americans wish they'd had more investing knowledgeA major theme among BI's survey respondents was that they lacked knowledge about investing. She also didn't realize that because she has a pension in addition to receiving Social Security when she retires, she would be affected by a little-known Social Security provision that would lower her monthly check. Between her pension of $713 monthly and Social Security, which she expects will be between $1,200 and $1,400 monthly, she'll have just enough to cover her rent.
Persons: they'd, boomer, Gary Lee Hayes, he'd, Hayes, Charles Schwab, Nancy Seeger, Seeger, she's, I've, Nevenka Vrdoljak, Vrdoljak, PJ White, White, She's, hasn't Organizations: Social Security, Navy, Verizon, Vanguard, Transamerica Institute, Medicare, Bank, America's, Bank of America, Merrill, Bank of America Private Bank Locations: California, Cleveland, San Diego
The results of the study, published Thursday in the journal Science, surprised whale researchers because they suggest the creatures can hear at much higher frequencies than expected. Scientists had never captured baleen whales and tested their hearing before because the animals are so large it could be dangerous to both the whales and researchers. Scientists know, from recordings and other observations, that baleen whales rely on hearing for social communication and that it’s important to their survival. Minke whales were a good target for audio testing because they’re the smallest baleen whale and a species whose hearing scientists don’t understand very well. He said the Minke Whale Hearing Project is on hold, but he’d like to pursue the topic further if he could secure funding.
Persons: , Dorian Houser, , Susan Parks, , that’s, ” Houser, ” Parks, Houser, Regina Asmutis, Silvia, ” Asmutis, Asmutis, Brandon Southall, ” Southall, Southall Organizations: Marine Mammal Foundation, Mammal, Syracuse University, Conservation, Locations: Norway, New York, Norwegian, Lofoten, North America
Those travelers need to get their gates fast and the moving sidewalk wasn’t doing it. The economics of airport moving walkwaysSome experts point to high maintenance costs for removing the moving sidewalks. A group of German economics professors released an extensive study earlier this year about airport moving sidewalks. “The design of Denver International Airport is such that our moving walkways run where our gates are located. Aleinikoff said that while he doesn’t think moving sidewalks are inherently unsafe, they do require regular maintenance, and he says the “teeth” at the end of the moving sidewalks can be “pretty sharp.” Gow has, Aleinikoff said, made a full recovery.
Persons: , Olivia Tyler, , ” Tyler, Tyler, Hunt, Harry Reid, Nils Boysen, Dan Bubb, ” Bubb, Matine Yuksel, John Yuksel, Stacey Stegman, Kone, Schindler, ” Stegman, Stegman, Kenneth Gow, Gow, Gow’s, Brian N, TK, Aleinikoff, ” Gow Organizations: Northwest, Northwest Arkansas National Airport Regional Airport Authority, Northwest Arkansas National Airport Regional, Authority, Walmart, Tyson Foods, Airports, Harry Reid International, Las Vegas, Friedrich Schiller University Jena, University of Las Vegas Honors College, Northern, Northern Kentucky International, Denver International, Delta Airline, Corporation Locations: Northwest Arkansas, Chicago, Las Vegas, Orlando, Dallas, Cincinnati, — Tampa, Denver, Norfolk, Las, Northern Kentucky, Otis, Gow’s Denver
Here are eight health claims — with little or no scientific evidence to back them up — that Oz made over the years. Green coffee extract, the ‘magic weight loss cure’In 2014, Oz went to Washington to seek help fighting internet marketers who were using his name and image to sell weight loss products. Senators provided several examples from Oz’s own show, but much of the hearing focused on his claims about green coffee bean extract. The BMJ study from 2014 found that the majority of Oz’s health recommendations touched on nutrition and dietary advice. (The research shows no evidence that HCG is an effective weight loss tool.)
Persons: Donald Trump, Mehmet Oz, , he’s, Trump, Oz, Melania Trump, Kedric Payne, Richard Besser, Robert Wood Johnson, ” Besser, Dr, Besser, ” Karoline Leavitt, Vance, “ Dr, Trump’s, it’s, , Sen, Claire McCaskill, ” McCaskill, , Joe Vinson, Bryan Burnham, Harriet Hall, kaempferol, , Tim Sullivan, ” Sullivan, ” Oz, “ Life’s Organizations: Medicare, Medicaid Services, CMS, Robert Wood Johnson Foundation, U.S . Centers for Disease Control, NBC News, Federal Trade Commission, Washington Post, YouTube, Vox, The Washington Post, National Institutes of Health, Nutrition, Cancer, Drug Administration, FDA, CBS News, Business Locations: Washington, U.S, New Jersey
Were Trump to follow through on his vow to impose tariffs on imports on Europe as well as from China, they would likely deviate further. There is also uncertainty across the continent about what the new White House will mean for the war in Ukraine. In their view, China could help to pressure Russia over Ukraine as Xi loses patience with a war he did not expect would drag on for almost three years. One senior European diplomat said that while China has never explicitly condemned Russia’s invasion of Ukraine, it has helped in other ways to rein in Moscow. continues to say that Ukraine will negotiate when Ukraine wants to negotiate,” another European official said, “and that the E.U.
Persons: Donald Trump, don’t, Trump, Vladimir Putin, , Olaf Scholz, Putin, Sydney Walsh, Volodymyr Zelenskyy, , Mike Waltz, Xi, Sergey Bobylev, , Keir Starmer, Xi Jinping, Starmer, Jimmy Lai, Scholz, Emmanuel Macron, David Lammy, Wang Yi, Liu Bin, Joe Biden, Wu Xinbo, ” Wu, ” Cao Lei, Kim Jong, trickier, ” Keir Simmons, Jennifer Jett Organizations: NBC, Union, NBC News, , U.S, Economist, Chinese Communist Party, Getty Images, , Group, British, Xinhua News Agency, Getty, Trump, Center for American Studies, Fudan University, University of Hong Kong’s, Contemporary, Foreign, South China Locations: DUBAI, United Arab Emirates, Beijing, Brussels, China, Europe, Ukraine, we’ll, Kazan, Russia, Anadolu, South, Taiwan, Moscow, Rio de Janeiro, Britain, Hong Kong, British, Shanghai, , Contemporary China, “ China, European, North Korea, U.S, Dubai
Senate Republicans offered mixed responses Thursday to President-elect Donald Trump's announcement that he will nominate Pete Hegseth, a Fox News personality accused of sexual assault, to lead the Defense Department following the release of a police report concerning sexual assault allegations against him. Some senators defended Trump's pick, while others voiced some trepidation, and a senator told NBC News "I don't care" when approached about a police report released Wednesday tied to an allegation of sexual assault against Hegseth in 2017. Sen. Markwayne Mullin, R-Okla., also defended Trump's pick, saying he had reviewed the report and would push for Hegseth's confirmation. Two other picks to serve in top jobs in Trump's Cabinet have also faced potentially damaging allegations of sexual misconduct. After Gaetz withdrew his name, Sen. Chris Coons, D-Del., told NBC News that there were “similar, challenging allegations” with Hegseth.
Persons: Donald Trump's, Pete Hegseth, Sen, Kevin Cramer, Cramer, I’m, Hegseth, Karoline Leavitt, Markwayne Mullin, Trump's, Mullin, , Trump, ” Mullin, Bill Hagerty, Lindsey Graham, Joe Biden, Biden, That’s, Graham, Robert F, Kennedy Jr, Kennedy, Matt Gaetz, Gaetz, Chris Coons, ” Coons, Josh Hawley, “ Let’s, ” Hawley, let’s, they’ve, Organizations: Fox News, Defense Department, Trump's, NBC, Hegseth, Cabinet, Armed Services Committee, Trump, Pentagon, Republican, White, NBC News, Human Services Department Locations: America, California, Washington, Florida
AdvertisementT.J. Maxx is set to benefit from Trump's proposed tariffs on imports. T.J. Maxx could end up benefiting from Trump's suggested tariffs. Related Video Truth Social just brought Trump a $4 billion windfall, but experts aren't soldThis means more opportunities for T.J. Maxx to buy stock as excess inventory kicks around the market. For consumers forced to trade down or priced out of their usual retail spots, T.J. Maxx might present itself as the perfect option. AdvertisementTJX, the parent company of T.J. Maxx, Marshall's, and Home Goods, beat Wall Street's estimates in the third quarter, reporting revenue of $14.1 billion, up 6% from the previous year.
Persons: Maxx, Trump, aren't, Chris Walton, Lorraine Hutchinson, Neil Saunders Organizations: Target, Omni, Bank of America, Home Goods, GlobalData Locations: T.J, China
‘Weight of the World’Producer/Director Esther Dere and Nicole RittenmeyerCo-Producer Leah VarjacquesProducer/Reporter Dani BlumProducer Rachel AbramsWatch our new documentary on FX and Hulu starting Friday, Nov. 22, at 10 p.m. Eastern. The ascent of GLP-1 medications, such as Ozempic, has brought about a transformation within the weight-loss industry and beyond, reshaping societal views on health and body image. Originally developed to manage diabetes, these drugs have become associated with rapid weight reduction, capturing public interest thanks to rumored endorsements from high-profile figures like Oprah Winfrey and Elon Musk. “Weight of the World” dives into this pivotal moment, following the journeys of three individuals as they navigate the complexities of using GLP-1 medications. Through expert commentary from medical professionals, dietitians and cultural critics, the film looks at this evolving landscape, and it investigates the societal obsession with thinness and the implications of these new pharmaceutical interventions, raising questions about body image, health and the ongoing struggle against obesity.
Persons: Esther Dere, Nicole Rittenmeyer, Leah Varjacques, Dani Blum, Rachel Abrams, Oprah Winfrey, Elon Musk Organizations: Hulu Locations: America
AdvertisementDonald Trump's sentencing in his New York hush-money case has been officially put off. President-elect Donald Trump's scheduled sentencing in his New York criminal case will not move forward next week, a Manhattan judge ruled on Friday. The sentencing in the former and future president's hush-money case had been on the calendar for November 26. Merchan ordered that Trump's motion is due by December 2, and prosecutors should respond by December 9. "All of the sham lawfare attacks against President Trump are now destroyed and we are focused on Making America Great Again."
Persons: Donald Trump's, Juan Merchan, Merchan, Trump, Steven Cheung, Hunt, Stormy Daniels, Attorney Alvin Bragg, Bragg Organizations: Trump, White House, American People, Manhattan, Attorney Locations: New York, Manhattan
The S & P 500 has now seen seven consecutive weeks of inflows, keeping the post-election momentum intact. I want to use the S & P 500 SPDR Trust ETF (SPY) to hedge these gains and bet against the consensus of markets finishing the year on a high note. SPY YTD mountain SPDR S & P 500 ETF Trust, YTD Investors have rejoiced with expectations for a more business-friendly economy ahead following President Elect Donald Trump's victory in early November. My short-term view of a shallow repricing in the S & P 500 might come to fruition now that we have Nvidia's earnings in the rearview mirror. BEFORE MAKING ANY FINANCIAL DECISIONS, YOU SHOULD STRONGLY CONSIDER SEEKING ADVICE FROM YOUR OWN FINANCIAL OR INVESTMENT ADVISOR.
Persons: Donald Trump's, Long Organizations: Bank of America, SPDR, Trust, YTD Investors, Treasury, CNBC, NBC UNIVERSAL
Watch Friday's full episode of Fast Money — November 22, 2024
  + stars: | 2024-11-22 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch Friday's full episode of Fast Money — November 22, 2024"Fast Money" is America's post-market show. Hosted by Melissa Lee and a roundtable of top traders, "Fast Money" breaks through the noise of the day, to bring you the actionable news that matters most to investors.
Persons: Melissa Lee
Earlier this year, she spent a week in the hospital due to a collapsed lung, a severe complication of pneumonia. The support she received from the hospital staff and her friends confirmed that moving there was the right decision. "We have to go to the hospital right now," my doctor told me after confirming that my right lung had collapsed. I felt scared and focused on my friend as the surgeon told me to hold my right arm above my head and stay still. People I didn't know well would call to check in, and friends of friends would send well wishes.
Persons: Sinead Mulhern, I'd, Ecuador —, hadn't, I'm, Sanja, We've, Jonathan, KFF Organizations: Monopoly Locations: Ecuador, Cuenca —, Quito, South America, Ecuadorian, Canada, Australia, South Africa, England, Venezuela
In today's big story, billionaire Ken Griffin has some advice for President-elect Donald Trump, including a suggestion for his Treasury pick . While speaking Thursday at the Economic Club of New York, Griffin said he appreciates the importance of those issues to Americans but said aggressive tactics to address them could make things work. Griffin is one of the biggest donors to the Republican Party, but declined to publicly endorse either presidential candidate this year. AdvertisementModeration hasn't been the name of the game for Trump with some of his proposed policies. AdvertisementHe said he'd be open to selling a minority stake in his hedge fund to the right partner.
Persons: it's, Ken Griffin, Donald Trump, Trump Ken Griffin, Mike Blake, Insider's Bradley Saacks, Michelle Abrego, Griffin, Manny Roman, Trump, Marc Rowan, Rowan, Alexander Tamargo, Thoma Bravo Griffin, he'd, Zalubowski, Chelsea Jia Feng, Elon, Paul, Tyson, Megyn Kelly, Tucker Carlson Ron Antonelli, Chip Somodevilla, Rebecca Zisser, Tucker Carlson, Bari Weiss, BI's Peter Kafka, Chris Balfe, Ridley Scott's, You've, Dan DeFrancesco, Jack Sommers, Grace Lett, Ella Hopkins, Amanda Yen, Milan Sehmbi Organizations: Business, Treasury, Trump, Citadel, Milken, Global Conference, Reuters, Economic, of New, Republican Party, Citadel Securities, Sequoia, Millennium Management, BlackRock, Chelsea, Getty, Netflix, Bank of America, NY Daily, Fox News, Auto, Ford, GM, Volkswagen Locations: Beverly Hills , California, U.S, of New York, Montreal, New York, London, Chicago
AdvertisementMatika Wilbur photographed members of every federally recognized Native American tribe. She published a book of her photos titled "Project 562: Changing the Way We See Native America." AdvertisementShe embarked on a yearslong project photographing members of every federally recognized Native tribe in North America. In 2023, she published her collection of photos in a book titled "Project 562: Changing the Way We See Native America." Wilbur spoke with Business Insider about her project, her photos, and the importance of agency in Native American representation.
Persons: Wilbur, Matika Wilbur Organizations: Business Locations: Native America, South America, American, North America
Investors should brace themselves for another big move next year, according to an analysis of historical data from Bank of America. The S & P 500 is up 24.7% in 2024 and on track for its second straight year with a gain of more than 20%. After rising 31% and 38% in 1927 and 1928, respectively, the S & P 500 lost 12% in 1929 and another 28% in 1930, Hartnett said. The last time the S & P 500 posted back-to-back 20% annual gains was in the 1990s, soaring 34% in 1995 and 20% in 1996. Hartnett noted that the "secret sauce" for the S & P 500 to avoid some of the sharp reversals seen before is a decline in Treasury yields.
Persons: Michael Hartnett, wasn't, Hartnett, Donald Trump, Goldman Sachs, Goldman Organizations: Bank of America Locations: U.S
Susan Wiles, Trump's incoming chief of staff, maintained ties to a lobbying firm until this month. Sean Duffy, Trump's pick for Transportation secretary, has lobbied for a group of major airlines. The EPA, under Obama, Trump, and Biden's administrations, have repeatedly opposed efforts to mine in the bay, home to one of the world's largest salmon fisheries. Starting not long after he left Congress in 2019, Duffy lobbied for Polaris, a US auto manufacturer known its off-road and recreational vehicles. ProPublica previously reported that Duffy lobbied White House trade adviser Peter Navarro as Polaris sought to win exemptions to tariffs on the parts it was importing.
Persons: Donald Trump's, Susan Wiles, Sean Duffy, Trump's, Donald Trump, Susie Wiles, Pam Bondi, Wiles, Duffy, Uber —, Bondi, Ballard, Trump, Jeff Hauser, Brian Ballard, Alaska . Sen, Lisa Murkowski, Obama, Peter Navarro, Ron Klain, Biden's, Fannie Mae, Steve Ricchetti, Biden, Jeff Ricchetti, Barack Obama, Hauser, Hauser isn't, " Hauser Organizations: Washington, Incoming White House, Amazon, GM, MetLife, Fidelity National Financial, Ballard Partners, Trump, Republican, The New York Times, Alaska ., Alaska Republican, Partnership, EPA, Federal Aviation Administration, United, Polaris, White, General Motors, Uber, Fidelity, North, Major League Baseball, Biden, Raytheon, Politico Locations: Florida, Riyadh, Saudi Arabia, Trump, Alaska, North America, Bondi, Washington
We continue our series covering the first day at America's military colleges and academies with Norwich University in Vermont. The oldest of all of the private US senior military colleges, Norwich University predates Virginia Military Institute and The Citadel and is credited as the birthplace of the military's Reserve Officers' Training Corps, or ROTC. While about half of the university's students matriculate as civilians, the other half enlist in the Corps of Cadets, which follows a strict military training regimen. On day zero, incoming freshmen, known as "rooks" (short for "recruits"), say goodbye to their families before being indoctrinated by upperclassmen, known as cadre, into the lifestyle of a Norwich cadet.
Organizations: Norwich University in, Norwich University, Virginia Military Institute, The, military's, Training Corps, Corps, Cadets Locations: Norwich University in Vermont, Norwich
Yelloh, Formerly Schwan’s Home Delivery, Closes
  + stars: | 2024-11-22 | by ( Aimee Ortiz | ) www.nytimes.com   time to read: +1 min
Yelloh, the frozen food delivery service formerly called Schwan’s Home Delivery, which had once been known for its reach with rural Americans and its direct-to-consumer business model, is closing its doors on Friday after decades of decline. Minnesota-based Yelloh was born on March 18, 1952 when its founder, Marvin Schwan, delivered 14 gallons of ice cream. The service’s popularity exploded over the years and later foods frozen at their peak made it onto the menu. The Schwan’s name lives on in frozen foods (Red Baron, Freschetta, and Mrs. Smith’s are among their many brands) — that side of the business was sold to CJ CheilJedan, a South Korean company, in 2019. But on Nov. 8, Yelloh permanently parked its fleet of refrigerated trucks that, with their yellow décor, were once instantly recognizable in small towns across America.
Persons: Yelloh, Marvin Schwan, Baron, Freschetta, Smith’s, CJ CheilJedan, Organizations: South Locations: Minnesota, South Korean, America
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHow corporate America may be 'quiet quitting' DEIAs companies navigate a politically charged climate in 2024, some are scaling back their DEI initiatives. While many Fortune 1000 companies committed to DEI after George Floyd's death in 2020, major corporations like Google, Meta, and Ford are retreating amid conservative pressures and economic concerns. However, DEI advocates argue the pullback is overstated, with many executives still prioritizing diversity. Despite challenges, most companies recognize DEI's long-term value.
Persons: George Floyd's Organizations: DEI, Google Locations: America
President-elect Donald Trump's tariff plans could weigh on the broader stock market, but some attractively valued names with strong cash levels could withstand the pressure, according to UBS. "The rally overlooks the potentially negative knock-on implications of tax cuts and tariffs on corporate performance and valuations." Against that backdrop, UBS looked for stocks that have high levels of cash and are attractively valued. The stock has a dividend yield of 2.7%. It has a dividend yield of 2.2%.
Persons: Donald Trump's, Trump, Michel Lerner, Lerner, Smoot, Paychex, Jason Kupferberg Organizations: UBS, Bank of America, CVS, Federal Trade Commission, Glenview Capital Locations: China, U.S, Hawley
AdvertisementJPMorgan tech exec Teresa Heitsenrether talked about the bank's ongoing adoption of generative AI. And it certainly has helped with that," Heitsenrether, who is responsible for executing the bank's generative AI strategy, told a conference in New York on Thursday. AdvertisementDimon himself is a "tremendous user," she said, and is waiting for the ability to use the bank's tools on his phone. JPMorgan, America's largest bank, has now rolled out the LLM Suite, a generative AI assistant, to 200,000 of its employees. The wealth and asset management arm was the first division to use generative AI, piloting a generative AI "copilot" for its private bank this summer.
Persons: Teresa Heitsenrether, Heitsenrether, it's, Jamie Dimon, Dimon, He's, Keri Smith, What's, she'll, Sumitra Ganesh, Ganesh Organizations: JPMorgan, Accenture Locations: New York
They named Planned Parenthood as something that could be targeted for cuts. Planned Parenthood is preparing to face off with Elon Musk's Department of Government Efficiency after it identified the reproductive health provider as fat to be trimmed. We fended off a number of these attacks during Trump's first term — and Planned Parenthood health centers are still there serving millions of patients across the nation." AdvertisementIn a press release, the organization said its health centers saw a surge in appointments following Trump's reelection, including a 1,200% increase in vasectomy appointments and a 760% in IUD appointments. Advertisement"Like any other healthcare provider or hospital, Planned Parenthood affiliates are reimbursed for services provided to patients at health centers.
Persons: Elon Musk, Vivek Ramaswamy, Ramaswamy, Alexis McGill Johnson, Donald Trump, McGill Johnson, We've, Trump's, Douglas Holtz, it's, Holtz, Eakin Organizations: of Government Efficiency, Elon, Elon Musk's Department, GOP, Planned Parenthood Federation of America, Congressional, Office, Management
AdvertisementJaguar defended its rebranding campaign after online critics roasted a promotional video. The campaign, featuring models and no cars, was criticized as "woke." Jaguar's managing director is defending the British luxury-car maker's rebranding campaign — calling out some of its online critics and characterizing their reaction as "vile hatred" and "intolerance." (Most 2024 Jaguar models have list prices of about $50,000 to $80,000.) In response to the video posted on X by Jaguar, Musk wrote : "Do you sell cars?"
Persons: Jaguar's, Rawdon Glover, Brad Audet, , Glover, India's Tata, Elon Musk, Andrew, Tristan Tate, Ian Miles Cheong, Musk, Nick Freitas, Bud Light, Bud, it's Organizations: Financial Times, Mazda, North America, Jaguar, Rover, Land Rover, India's, India's Tata Motors, Tesla, Republican, Delegates Locations: Virginia
CNN —President-elect Donald Trump has selected Russell Vought as his pick to lead the Office of Management and Budget, he said in a Truth Social post. Vought was one of the key authors of Project 2025 – the conservative blueprint that Trump tried to distance himself from during the campaign. He was Trump’s former budget director during his first administration when Vought oversaw a widespread deregulation push. During Trump’s first administration, Vought made a name for himself as a policy wonk committed to the MAGA movement. Before serving as Trump’s budget director, Vought was the deputy director and later acting director of OMB.
Persons: Donald Trump, Russell Vought, Trump, ” Trump, MAGA, Vought, Mike Pence Organizations: CNN, Management, Budget, OMB, Center, CRA, Heritage Foundation, Trump –, Mandate, Leadership, Republican National Convention Locations: America
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