DIRS.INFO The most relevant business & tech news

☆ This Trump trade is an underappreciated opportunity, says Janus Henderson
▼ + stars: | 2024-11-12 | by ( Michelle Fox | ) www.cnbc.com time to read: +2 min

Financial and energy stocks have jumped since last week's election, but there's another area of opportunity that investors could be missing out on, according to Janus Henderson. The market has rallied since President-elect Donald Trump' s victory, although it took a breather on Tuesday. However, financial stocks may have "gotten in a bit ahead of themselves," said Jeremiah Buckley, a portfolio manager at Janus Henderson. In addition, there is great research and development happening in health care right now, especially in health-care services, Buckley added. Among the funds Buckley oversees at Janus Henderson is the U.S. Dividend Income Fund .

Persons: Janus Henderson, Donald Trump, Jeremiah Buckley, Trump, Buckley, Eli Lilly, Amgen Organizations: Trump, P Health Care Services, UnitedHealth, Gilead Sciences

☆ Trump says Musk and Ramaswamy will lead government efficiency group
▼ + stars: | 2024-11-12 | by ( Lora Kolodny | In Lorakolodny | ) www.cnbc.com time to read: +1 min

President-elect Donald Trump said Tuesday that Elon Musk and former Republican presidential hopeful Vivek Ramaswamy will lead an efficiency group when his second term begins in January. Trump wrote in a post that the Department of Government Efficiency, or DOGE, will "become, potentially, 'The Manhattan Project' of our time." Trump didn't specify where cuts will take place or when the department may be formed. Musk, who also runs defense contractor SpaceX, has reportedly been stationed at Trump's Mar-a-Lago resort in Florida since election night. Ramaswamy, who challenged Trump in the Republican primary, is co-founder of investment firm Strive Asset Management.

Persons: Donald Trump, Elon Musk, Vivek Ramaswamy, Trump, hasn't, Musk, Ramaswamy, Pete Hegseth, John Ratcliffe Organizations: Department of Government, Trump, Republican, SpaceX, Fox News Locations: Trump's, Lago, Florida

☆ Stocks making the biggest moves midday: Shopify, Honeywell, GE Vernova, Twilio and more
▼ + stars: | 2024-11-12 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +4 min

Shopify's $2.16 billion revenue beat a FactSet estimate of $2.12 billion. Live Nation Entertainment — The live music and entertainment company gained 4% after posting a third-quarter earnings beat. On the other hand, revenue of $7.65 billion missed the $7.75 billion analysts had forecasted. Sea — Shares surged 1.7% after the tech company reported a third-quarter revenue beat. Mosaic — Shares slid 9% after the chemicals company reported disappointing quarterly results.

Persons: Twilio, Wells, Wells Fargo, Donald Trump's, SentinelOne, Tyson, StreetAccount, On's, FactSet, Mosaic, Clint Freeland, Luciano Siani Pires, Scott Strazik, Strazik, Donald Trump, — CNBC's Michelle Fox, Alex Harring, Hakyung Kim, Jesse Pound, Pia Singh Organizations: Entertainment, Honeywell, Elliott Management, Aerospace, Automation, IAC, Trump Media & Technology, Deutsche Bank, Tencent, Shift4 Payments, GE, Financial Locations: —, Swiss

Pushing the funding fight to next year would put Trump in position to have far greater say. Congress faces a jam-packed to-do list of critical legislative items, including the annual defense policy bill. The next Trump loyalty test – who will lead the Senate GOP? The new Senate GOP leader will be elected by secret ballot, meaning no one will know who voted for which candidate. The House and Senate are only expected to be in session for two weeks before leaving for the Thanksgiving holiday.

Persons: Donald Trump won’t, Trump, Mike Johnson, Johnson, ”, Kelly Armstrong, “, Trump’s, Dusty Johnson of, “ I’m, Mitch McConnell, John Thune of, John Cornyn of, Rick Scott, McConnell, –, ” Thune, Cornyn, ” Scott, Scott, Sens, Marco Rubio, Tommy Tuberville, Bill Hagerty, Ron Johnson, they’d, haven’t, Elon Musk, Musk, Hakeem Jeffries, There’s, Alayna Treene Organizations: CNN, White House, Capitol, Republican Party, GOP, Trump, North, Republican, Senate, Florida Republican, Democratic, Republicans, National Defense, Department of Defense Locations: North Dakota, Dusty Johnson of South Dakota, Sens, John Thune of South Dakota, John Cornyn of Texas, Florida, Marco Rubio of Florida, Alabama, Tennessee, Wisconsin, Washington, United States

John Paulson visits "Mornings With Maria" at Fox Business Network Studios on October 23, 2024 in New York City. The investor John Paulson removed himself Tuesday from consideration as a potential nominee for Treasury secretary by President-elect Donald Trump. Paulson said, "My complex financial obligations would prevent me from holding an official position in President Trump's administration at this time." "However, I intend to remain actively involved with the President's economic team and helping in the implementation of President Trump's outstanding policy proposals," Paulson said in a statement. Paulson, who heads the Paulson & Co. family office, has a net worth of $3.8 billion, according to Forbes,

Persons: John Paulson, Maria, Donald Trump, Paulson, Trump's Organizations: Fox Business Network Studios, Paulson, Co, Forbes Locations: New York City

The three-way fight to replace outgoing Senate Republican leader Mitch McConnell, R-Ky., pits Senate Minority Whip John Thune, R-S.D., against Sen. John Cornyn, a former McConnell deputy, and underdog candidate Sen. Rick Scott, R-Fla. “It’s a loud online presence that doesn’t ultimately add up to votes in the Senate,” said one Senate Republican aide, who requested anonymity to speak candidly about the race’s dynamics. He supported me in 2022 in my run against Mitch McConnell,” Scott said. “The Senate Republicans — particularly Senate Republican leadership — must understand that the American people put President Trump back in the White House with his America First agenda. And any Republican leader candidate who does not agree with that should get the hell out of the way," he said.

Persons: WASHINGTON —, Donald Trump's “ MAGA ”, Mitch McConnell, John Thune, Sen, John Cornyn, Rick Scott, “, Trump, ” Scott, MAGA, —, Scott —, Tucker Carlson, Scott, Donald Trump ”, Billionaire Trump, Elon Musk, Marjorie Taylor Greene, ” Greene, leapfrog, ”, hasn’t, coy, McConnell, Mike Davis, Davis, Republicans —, Mike Johnson, Ron Johnson, Marco Rubio, Rand Paul, Bill Hagerty, Tommy Tuberville, Rubio, Hagerty, “ I’ve, ” Thune, we’ve, Chuck Schumer, ” Cornyn Organizations: Republican, McConnell, Republicans, Trump, GOP, NBC News, ”, NBC, Senate, America, Republican Party, Fox News, Senate Republican Conference, Democrats Locations: Ky, Florida, Sens

Pennsylvania's hotly contested Senate race hangs in the balance nearly a week after Election Day, with Republicans declaring victory and Democrats holding out hope that the remaining batch of outstanding ballots will allow them to close the gap. A McCormick victory would further pad Republicans' newfound majority in the Senate, where they will hold at least 52 seats after the election. But even before the new Congress is sworn in next January, the outcome of the Pennsylvania race could have implications for the Senate leadership elections Wednesday. Pennsylvanians can cast provisional ballots when officials are unclear about their eligibility or there were issues with their returned mail-in ballots. McCormick’s campaign filed two lawsuits Friday challenging an estimated 15,000 to 20,000 provisional ballots in Philadelphia that may have issues, such as missing signatures.

Persons: Pennsylvania's, Democratic Sen, Bob Casey, Dave McCormick, McCormick, Casey, Sen, Casey's, Maddy McDaniel, Donald Trump's, Mitch McConnell, Chuck Schumer, John Thune of, Schumer, ” Sen, Tom Cotton, Alex Nguyen, Ruben Gallego, Republican Kari Lake, McCormick’s, John Fetterman, Republican Mehmet Oz, What’s, Kamala Harris Organizations: NBC News, Democratic, Associated Press, GOP, Fox News, Senate, Republicans, Arizona Democratic, Republican, NBC, U.S, Supreme, Pennsylvania, Trump Locations: Washington, Philadelphia, Pennsylvania, Kentucky, John Thune of South Dakota

WASHINGTON — President-elect Donald Trump announced late Sunday that Tom Homan, the former acting director of U.S. Immigration and Customs Enforcement who backed his controversial "zero tolerance" policy, will be his administration's "border czar." "I am pleased to announce that the Former ICE Director, and stalwart on Border Control, Tom Homan, will be joining the Trump Administration, in charge of our Nation’s Borders ('The Border Czar'), including, but not limited to, the Southern Border, the Northern Border, all Maritime, and Aviation Security," Trump said on Truth Social. "Likewise, Tom Homan will be in charge of all Deportation of Illegal Aliens back to their Country of Origin. “You know, insane asylums, that’s ‘Silence of the Lambs’ stuff.”Homan is the latest person Trump has announced will join his administration. Trump had previously announced that Susie Wiles, his co-campaign manager, will be the White House chief of staff.

Persons: Donald Trump, Tom Homan, Trump, Tom, Homan, ”, Hannibal Lecter, ” Homan, Susie Wiles Organizations: WASHINGTON, . Immigration, Customs Enforcement, Former ICE, Border Control, Trump Administration, Aviation Security, Truth, Trump, CBS, Heritage Foundation, ICE, Fox, Lambs, White House

☆ Chris Wallace departs CNN after three years at network
▼ + stars: | 2024-11-11 | by ( Brian Stelter | ) edition.cnn.com time to read: +2 min

New York CNN —Chris Wallace, the veteran journalist who has anchored weekly programs on CNN and the Max streaming service, is leaving the network, he announced Monday. “Chris Wallace is one of the most respected political journalists in the news business with a unique track record across radio, print, broadcast television, cable television and streaming,” Thompson said. In this case, Wallace told The Daily Beast that he decided to leave CNN to explore new platforms like streaming or podcasting. At the time, Wallace accepted a new role as the anchor of “Who’s Talking to Chris Wallace?” on CNN+, a streaming video product that launched in early 2022, but was shuttered weeks later when CNN’s parent company changed hands. Wallace’s talk show continued on the Max streaming service, and last year he added an eponymous Saturday morning panel discussion show.

Persons: Chris Wallace, Wallace, I’ve, ”, Mark Thompson, “ Chris Wallace, ” Thompson, “, he’s, ” Wallace Organizations: New, New York CNN, CNN, Daily, ” CNN, Sunday, “ Fox, Fox, Max Locations: New York

☆ Is this going to be a Twitter presidency or a TV one?
▼ + stars: | 2024-11-11 | by ( Peter Kafka | ) www.businessinsider.com time to read: +6 min

Does this mean Twitter is going to be more important in the Trump 2.0 era? It's really not Twitter — it's — Twitter goes on television, or if they have breaking news, I'll tweet, I'll say "Watch this — boom." AdvertisementTrump was the TV presidentTrump was transfixed by TV, and that meant TV was the most important medium during his first presidency. Musk, for instance, spent part of his Sunday using Twitter to criticize "Saturday Night Live" — just like Trump used to do. But I will be surprised if Donald Trump, TV guy, becomes Donald Trump, Twitter guy.

Persons: Donald Trump, Elon Musk, Trump, —, Tucker Carlson, Charlie Kirk, Kirk, US Sen, Rick Scott, 🇺🇸🇺🇸, own e, abou, witt, and i, ike Organizations: Twitter, Service, Trump, US, itt, Fox, Adv

☆ Democrats will face headwinds in final push to confirm Biden judges
▼ + stars: | 2024-11-11 | by ( Tierney Sneed | Lauren Fox | ) edition.cnn.com time to read: +9 min

But holding the White House and Senate majority for another few weeks doesn’t guarantee Democrats will have an easy time processing the final batch of Biden appointees. “There is a push across the board from the White House and the Senate for Democrats to show up and do the job they were elected to do,” a senior White House official, asking for anonymity to speak candidly, told CNN. The White House official pointed to how Republican Texas Sen. John Cornyn on Saturday promised “no weekends, no breaks” to confirm Trump’s Cabinet once he took power, and the White House official encouraged Democrats to show that dedication to judges in Biden’s final stretch. “Regardless of party, the American people expect their leaders to prioritize the rule of law and ensuring the criminal justice system can function effectively in every stated,” said White House spokesperson Andrew Bates. There are around nine – depending on what the calendar will allow – other Biden nominees who could still come through committee.

Persons: Joe Biden’s, Biden, Donald Trump, Trump’s, he’s, Trump, ”, Sonia Sotomayor, Sotomayor, Democratic Vermont Sen, Peter Welch, ” Maggie Jo Buchanan, ” Buchanan, Republican Texas Sen, John Cornyn, “, New Jersey Sen, George Helmy, West Virginia Sen, Joe Manchin, Adeel Mangi, Adeel Abdullah Mangi, Tierney L, Mangi, Carl Tobias, ” Tobias, ” Trump, Andrew Bates, Barack Obama’s, –, Dick Durbin of, Julia Lipez, Karla Campbell, Susan Collins, Lisa Murkowski, Sarah Netburn, Georgia Democratic Sen, Jon Ossoff, ” Sen, Richard Blumenthal, CNN’s Morgan Rimmer Organizations: CNN, Supreme, Senate, Committee, White, Democratic, Democrats, White House, Demand, Republican, Trump’s, Bloomberg, Getty, University of Richmond School of Law, Biden, Senate Republicans, GOP, Dick Durbin of Illinois, Sixth Circuits, Georgia Democratic Locations: Democratic Vermont, Republican Texas, New Jersey, West, Washington ,, Washington, Sens, Connecticut

☆ The 'Trump trades' that also give you income as you wait for policies to come to fruition
▼ + stars: | 2024-11-11 | by ( Michelle Fox | ) www.cnbc.com time to read: +5 min

In addition, analysts had to predict further gains ahead — the stocks have at least 1% upside to the average price target, according to FactSet. Bank of America is among those on Wall Street that think the banks' move since Election Day has not been excessive. Citizens gained 30% from Election Day 2016 through the end of that year and jumped 14% on Wednesday. It added nearly 4% the day after the election and gained 18% from Election Day 2016 through the end of that year. Halliburton, which yields 2.3%, has the largest potential upside ahead — nearly 32% to the average price target.

Persons: Donald Trump, Jeremy Siegel, Ebrahim Poonawala, Trump, Piper Sandler, Mark Fitzgibbon, Keith Horowitz, Halliburton, Jeff Miller Organizations: Dow Jones, Wharton School, CNBC, Bank of America, UST, Trump, Regional Banking, Citizens Financial, Fifth Third Bancorp, Citizens, Fifth, Citigroup, Citi, Marathon Petroleum, Halliburton Locations: Gulf of Mexico

☆ Trump likely to pick Marco Rubio to serve as his secretary of state, sources say
▼ + stars: | 2024-11-11 | by ( Kaitlan Collins | Kristen Holmes | ) edition.cnn.com time to read: +2 min

CNN —President-elect Donald Trump is likely to pick Florida Sen. Marco Rubio as his secretary of state, two people familiar with his thinking told CNN, as he rounds out his national security team in a second term. Given his deep foreign policy experience and that he sits on both the Senate Intelligence Committee and the Foreign Relations Committee, the State Department seemed like a good fit for Rubio. The Florida senator, a China hawk and finalist for Trump’s VP, was a constant on the campaign trail during Trump’s third presidential run. In 2016, Rubio and Trump’s relationship seemed it may be beyond repair when in the closing days of his campaign, Rubio publicly attacked Trump, saying he wasn’t going to “make America great. But since, Rubio and Trump’s relationship has not only thawed, it has strengthened.

Persons: Donald Trump, Florida Sen, Marco Rubio, Trump, Rubio, Ric Grenell, Grenell, Susie Wiles, Trump’s, He’s, ”, Jack Forrest, Lauren Fox, Steve Contorno Organizations: CNN, Florida, New York Times, Trump’s Cabinet, Senate Intelligence, Foreign Relations, State Department, Republican, Senate Intelligence Committee, Republican Party Locations: Florida, Germany, China, Washington, TikTok

☆ Trump's pick for 'border czar' gives a peek into his plan for a mass deportation
▼ + stars: | 2024-11-11 | by ( Noah Sheidlower | ) www.businessinsider.com time to read: +5 min

Mass deportations may affect the economy, including inflation and the job market. Homan is set to act as Trump's "border czar" after previously serving as his first acting director of US Immigration and Customs Enforcement. "Likewise, Tom Homan will be in charge of all Deportation of Illegal Aliens back to their Country of Origin. Homan earlier told Fox Business Network's Maria Bartiromo that Trump's immigration plan would be a "cost savings" initiative. Most agreed that mass deportations could increase inflation, lower GDP, and negatively impact the job market over the next few years.

Persons: Trump, Thomas Homan, Homan, Trump's, —, Donald Trump, Tom, Tom Homan, Biden, I've, Maria Bartiromo, Vance, Barack Obama, Chloe East, Elise Stefanik, Susie Wiles Organizations: Service, US Immigration, Customs Enforcement, Truth, Trump, Fox, Fox Business, Border Patrol, ICE, New York Times, Street Journal, Department of Homeland Security, American Immigration, Migration Policy Institute, Business, Brookings Institution, New York, United Nations, White Locations: US

☆ Trump searches for his attorney general as Justice Department officials worry about chaos and retribution
▼ + stars: | 2024-11-11 | by ( Evan Perez | Hannah Rabinowitz | ) edition.cnn.com time to read: +9 min

CNN —From his seaside Florida resort, Donald Trump is holding a casting call to fill the toughest job in Washington: attorney general. Current and former Justice officials anticipate eventual departures in some parts of the department and employees being sidelined and forced out. The Justice Department is also charged with defending administration actions in court, covering issues from health care to the environment to gun control. “Attorney General Jeff Sessions has taken a VERY weak position on Hillary Clinton crimes,” he wrote in a Twitter post in July 2017. Trump told Fox Business in 2020 that Barr should indict Obama, Biden and others because of the Russia investigation.

Persons: Donald Trump, Trump, Mark Paoletta, they’ll, Trump’s, ” Paoletta, ” JD Vance, Jack Smith, Christopher Wray, James Comey, Wray, Wray “, ”, podcaster Joe Rogan, “, I’ll, Barack Obama, Hillary Clinton, Joe Biden, Sally Yates, Yates, Jeff Sessions, Matthew Whitaker, Sessions ’, John Huber, Rod Rosenstein, Sessions, William Barr, Barr, Obama, Biden, Bill Barr indicts, we’ll, ” Trump, ” Barr Organizations: CNN, Justice Department, Trump ., Justice, White, ABC, Trump, Employees, FBI, ISIS, Capitol, Biden, “, Sessions, Fox Business, Hoover Institution Locations: Florida, Washington, Manhattan, American, Lago, United States, Alabama, Russia

☆ Deportations actually dropped under Trump during first presidency
▼ + stars: | 2024-11-11 | by ( Zachary B. Wolf | ) edition.cnn.com time to read: +6 min

CNN —Given his rhetoric demonizing undocumented immigrants and his promise to engage in mass deportations when he returns to the White House in January, it’s kind of shocking that deportations actually dropped in the four years Donald Trump was president. Appearing Monday on Fox News, Homan said Trump 2.0 will be like his first term but with more deportations. During his first term, Trump also promised mass deportations. But that’s about half the 2.9 million deportations undertaken during Barack Obama’s first term and fewer than the 1.9 million deportations during Obama’s second term. It’s on par with Biden’s 1.49 million deportations, according to updated calculations Bush-Joseph shared with me.

Persons: CNN —, Donald Trump, It’s, Joe Biden’s, Trump, Tom Homan, Homan, “ It’s, it’s, Biden, ” Homan, Obama, Kathleen Bush, Joseph, Barack Obama’s, Bush, The Trump, ” Bush, David Bier, Bier, ” Bier, ‘, John Sandweg, CNN Sandweg, We’re, ’ you’re, ” Sandweg, ” Organizations: CNN, White, Customs, Fox News, Trump, Migration Policy, Obama’s, Cato Institute, ICE Locations: Mexico

☆ With ‘border czar’ pick, Trump shows he is poised to re-make the Fox News White House
▼ + stars: | 2024-11-11 | by ( Brian Stelter | ) edition.cnn.com time to read: +3 min

Now, in a full circle moment, the immigration hard-liner is leaving Fox and rejoining Trump as the president-elect prepares to take office again. Once Homan became a Fox contributor, he was a regular presence across the network’s morning and prime time shows. Once President Joe Biden took office, Homan became an outspoken critic of the Democratic administration. “I have been on this network for years complaining about this administration did to this border,” Homan said in Monday’s appearance. Homan will no longer be a Fox contributor, effective Monday, a network spokesperson confirmed to CNN.

Persons: Tom Homan, didn’t, Donald Trump’s, –, “, Fox, ” Homan, Homan, Trump, Obama, ”, Juliet Jeske, Jeske, Trump’s, ” Jeske, ” Trump, Friends ”, Lawrence Jones, Anthony Scaramucci, Richard Grenell, Heather Nauert, Morgan Ortagus, Bill Shine, Joe Biden, ” “, Brian Kilmeade, ” Kilmeade, Maria Bartiromo, It’ll Organizations: New, New York CNN, US Immigration, Customs, Fox News, Fox, Trump, “ Fox, Friends, Democratic, ” “ Fox, CNN, ICE Locations: New York

☆ Megan Fox expecting baby with Machine Gun Kelly
▼ + stars: | 2024-11-11 | by ( Alli Rosenbloom | ) edition.cnn.com time to read: +1 min

CNN —Megan Fox and fiancé Machine Gun Kelly’s family is getting a little bigger. Fox on Monday announced on her Instagram page that she’s pregnant, showcasing her growing belly and a positive pregnancy test in photos. welcome back,” she wrote in the caption, making reference to her previous experience with pregnancy loss. Fox also previously recounted her experience in two poems included in her book of poetry “Pretty Boys are Poisonous,” released last year. The pair were first romantically linked in 2020 when Fox appeared in Kelly’s music video.

Persons: Megan Fox, ”, Fox, Noah, Bodhi, “, Brian Austin Green, MGK, Casie, Emma Cannon, she’d “, Kelly Organizations: CNN, Fox, Monday, GMA Locations: “ Beverly Hills, ”

☆ Stocks making the biggest moves premarket: Tesla, Coinbase, Cisco Systems and more
▼ + stars: | 2024-11-11 | by ( Samantha Subin | ) www.cnbc.com time to read: +2 min

Check out the companies making headlines before the bell: Tesla — The electric vehicle stock popped 7% and looked poised to build on last week's 29% surge. Crypto stocks — Stocks tied to cryptocurrencies rallied, with bitcoin topping $82,000 and hitting fresh highs, as Wall Street continued to bet a Trump administration would be more favorable toward the crypto industry. Trump Media & Technology — Trump's social media stock rallied 8% as investors continued pouring money into stocks connected to the president-elect. Valley National Bank — Shares of the New Jersey-based regional bank gained about 3% on light volume after an upgrade to overweight from neutral by JPMorgan. The investment firm said Valley National is making progress on reducing its exposure to commercial real estate.

Persons: Elon, Donald Trump's, Stocks, cryptocurrencies, Trump, Coinbase, MicroStrategy, Cigna, RadNet, — CNBC's Michelle Fox, Jesse Pound, Pia Singh Organizations: bitcoin, Wall, Humana, GE HealthCare, Cisco —, JPMorgan, Cisco, Enterprise Networking, Trump Media & Technology, Bank, National, Cboe, Deutsche Bank Locations: New Jersey

☆ Stocks making the biggest moves midday: AbbVie, Tesla, Cigna, Morgan Stanley and more
▼ + stars: | 2024-11-11 | by ( Pia Singh | In | ) www.cnbc.com time to read: +3 min

Crypto stocks — Crypto stocks extended last week's gains as investors basked in the honeymoon period between election day and inauguration day. Coinbase shares jumped 20% and were trading above $300 for the first time since 2021. Wells Fargo jumped 4%, while Bank of America and Morgan Stanley each rose more than 2%. Valley National Bank — Shares popped almost 5% after JPMorgan upgraded the New York-based regional bank to overweight from neutral. Cboe Global Markets — Shares advanced nearly 2% on the back of Deutsche Bank's upgrade to buy from hold .

Persons: Tesla, Trump, Elon Musk, Ernst & Young, MARA, Morgan Stanley —, Wells Fargo, Morgan Stanley, Donald Trump, Tom Homan —, Trump's, Cigna, RadNet, Anthony Elian, Alex Harring, Tanaya Macheel, Jesse Pound, Samantha Subin, Lisa Kailai Han, Michelle Fox Organizations: Bristol, Myers Squibb, Super, MARA Holdings, Bank of America, Geo, U.S, Immigration, Customs, Trump Media & Technology, Trump, Humana, GE HealthCare, Bank, JPMorgan, Cboe, Deutsche, Deutsche Bank Locations: Wells Fargo, York

☆ Inside Trump and Putin's first phone call since the election
▼ + stars: | 2024-11-11 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +4 min

Trump also had a call with Ukrainian President Volodymyr Zelenskyy. The phone call on Thursday marks the first time the pair are known to have spoken since Trump won the election. AdvertisementWhen approached for comment, a spokesperson for the Trump campaign told Reuters that they "do not comment on private calls between President Trump and other world leaders." Zelenskyy told ABC News that he thought Trump's proposal was a "beautiful" notion but was not grounded on "real-life experience." "Every time he comes to our country, he walks away with $60 billion," Trump said at the rally.

Persons: Donald Trump, Vladimir Putin, Trump, Volodymyr Zelenskyy, —, Putin, Strong, Zelenskyy, realDonaldTrump, Vasily Nebenzya, that's, Володимир Зеленський Organizations: Service, Russian, Washington Post, Post, Reuters, Trump, Business, Zelenskyy, Fox News, ABC News Locations: Ukraine, Europe, Russian, Mar, Russia, Detroit

☆ Trump's proposed trade war raises the odds of a US recession to 75%, Wall Street strategist says
▼ + stars: | 2024-11-11 | by ( Matthew Fox | ) www.businessinsider.com time to read: +3 min

Recession risk has jumped to 75% due to the potential for a trade ware under Trump, BCA Research said. Trump's proposed tariffs could lower household income and depress corporate investments. In a Friday note, Berezin increased the probability of an economic recession to 75% from 65%, citing the risk of a new trade war under Trump. On the campaign trail, Trump proposed implementing universal tariffs of 10%-20% on goods imported into the country and a 60% tariff on goods from China. Berezin cited a study from the Budget Lab at Yale that estimates Trump's proposed tariffs could reduce real disposable income for the median US household by $1,900-$7,600.

Persons: Trump's, —, Peter Berezin, Donald Trump's, Berezin, Trump Organizations: Trump, BCA Research, Service, Yale Locations: China

For some who’ve run afoul of Trump, the election results have sparked fresh worries that he may enter office looking for retribution. During the campaign, Trump has made different statements about whether he might target people who’ve upset him. Rep. Jim Jordan, a staunch Trump ally in Congress, said he doesn’t expect any of the prosecutors to face reprisals over Trump investigations. One former Trump White House official who has publicly spoken against Trump described feeling “scared” and declined to let their name be used. Now Fanone says he is hunkering down in his Virginia mountain-area home for fear that Trump could weaponize the police.

Persons: WASHINGTON, Olivia Troye, Trump, “ I’m, I’ll, ” Troye, “, He’s, he’s, he’ll, Joe Biden, Biden, ”, haven’t, Nancy Pelosi, Adam Schiff, Jack Smith, Smith, Jim Jordan, ” Jordan, Richard Nixon, ” Nixon, Mark Zaid, ” Zaid, Michael Cohen, Cohen, Alvin Hellerstein, who’ve, yank, JD Vance, Joe Biden’s, Hunter, Vance, podcaster Joe Rogan, ” Larry Pfeiffer, won’t, aren’t, ” Trump, Schiff, Pelosi, Dan Goldman, Trump’s, ” It’s, it’s, Michael Fanone, Fanone, “ I’ll, Hunter Biden, what’s, “ We’re, they’re, John Bolton, Bolton, Ronald Reagan’s, I’m, Susie Wiles, Pat Summerall, Jared Moskowitz, Aquilino, ” Gonell, Kamala Harris, Gonell Organizations: Trump, Democratic, White, Fox News, Sunday, CNN, Washington, CIA, Los Angeles Times, New York Democrat, Joe Biden weaponized, Department of Justice, Justice, Trump White House, D.C, Washington Post, Justice Department, NFL, ”, U.S . Capitol, Capitol Locations: United States, America, California, Manhattan, U.S, Virginia

☆ 49ers’ Ricky Pearsall scores first career touchdown just 10 weeks after shooting
▼ + stars: | 2024-11-10 | by ( Matt Barrows | Rj Kraft | ) www.nytimes.com time to read: +2 min

San Francisco 49ers rookie wide receiver Ricky Pearsall scored his first NFL touchdown Sunday — just 10 weeks after being shot in the chest. Ricky Pearsall goes 46 yards for his first career TD! 📺: #SFvsTB on FOX📱: https://t.co/waVpO8ZBqG pic.twitter.com/R7zjs0naAm — NFL (@NFL) November 10, 2024Pearsall, a first-round pick in April’s NFL Draft, was shot on Aug. 31 during an attempted robbery while shopping near Union Square in San Francisco. Pearsall started Sunday’s game along with Samuel and Jennings, the first time that combination has been used this year. Pearsall’s touchdown also came on a deep crosser against zone coverage — the type of play Aiyuk made regularly last season when he led the 49ers in receiving yards.

Persons: Ricky Pearsall, Pearsall, Brock Purdy Organizations: San Francisco 49ers, NFL, University of Florida, Tampa Bay Buccaneers

☆ Trump ‘most likely’ needs 60 votes in Senate to enact tariff plan, Sen. Rick Scott suggests
▼ + stars: | 2024-11-10 | by ( Greg Iacurci | ) www.cnbc.com time to read: +2 min

Sen. Rick Scott, R-Fla. — one of three lawmakers vying to succeed Sen. Mitch McConnell, R-KY, as Senate majority leader — suggested Sunday that Trump would probably need Congress' help. "The tariffs, that most likely is going to require 60 [votes in the Senate] unless there's some way we can get that done through reciliation with 51 [votes]," Scott said on Fox News "Sunday Morning Futures." It avoids a filibuster, which requires 60 votes to overcome. Trump has vowed across-the-board tariffs of 10% to 20% on all imports arriving into the United States and at least a 60% tariff on Chinese imports. Economic experts dispute whether Trump's tariff plan, especially the tax on global imports, can be done via executive action.

Persons: Donald Trump, Sen, Rick Scott, Mitch McConnell, —, Trump, Scott, He's, Alan Wolff, Jason Furman, Obama Organizations: Fox News, Representatives, Deere & Co, World Trade Organization, Trump, Harvard University, of Economic Advisers, CNBC Locations: United States, Mexico, U.S

Search resuls for: "FOX"

25 mentions found