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☆ We knew Best Buy's quarter and guide would be weak. Here's our plan for the stock
▼ + stars: | 2024-11-26 | by ( Zev Fima | ) www.cnbc.com time to read: +8 min

BBY YTD mountain Best Buy YTD These were not the results we wanted from Best Buy, but they are the numbers we had expected. Best Buy stock below $80 would push the dividend yield up to just under 5% — a nice payout for our patience. We still believe in the stock because Best Buy should benefit once mortgages drop and housing turnover picks up. Best Buy Why we own : We believe Best Buy will prove to be a go-to destination for consumers looking to upgrade hardware, much of which was purchased during Covid, to new AI-powered devices. In the Best Buy app, the company also launched the "Best Buy Gift Finder," an AI-powered gifting guide to help consumers find new products.

Persons: Jim Cramer, it's, Donald Trump, Jim, Corie Barry, Barry, Matthew Bilunas, Jim Cramer's, David Paul Morris Organizations: Revenue, LSEG, Target, Walmart, Amazon, Costco, Enterprise, Black, Microsoft, Meta, Management, CNBC, Bloomberg, Getty Locations: Tuesday's, Union City , California

☆ Fears of trade wars, volatility and higher inflation: What analysts are saying about Trump's tariff plans
▼ + stars: | 2024-11-26 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +4 min

AdvertisementDonald Trump's latest tariff threats have set alarm bells ringing on Wall Street. Analysts warned of a trade war, volatility, steeper inflation, and a flight to safety in markets. Analysts said the president-elect's latest threats could presage tariffs on other countries' exports and escalate into a full-scale trade war. "There has been a view among some investors that Trump's tariff talk was a negotiating tactic, a threat rather than a promise. Advertisement"The president-elect's scorched-earth approach has stoked fears of a trade war, with investors increasingly wary that Europe could be next in his crosshairs."

Persons: Donald Trump's, Donald Trump, There's, George Saravelos, Trump, Dan Coatsworth, AJ Bell, Matt Britzman, Hargreaves Lansdown, Nigel Green, Mark Haefele, Ruben Ferreira, FlowCommunity Organizations: Analysts, Deutsche Bank, Free, deVere, UBS Global Wealth Management Locations: Mexico, Canada, China, America, Europe

☆ British Airways just unveiled a new first-class cabin coming to the Airbus A380. See inside the luxury modern suite.
▼ + stars: | 2024-11-26 | by ( Pete Syme | ) www.businessinsider.com time to read: +1 min

AdvertisementBritish Airways unveiled its new first-class cabin on Monday. Business Insider was among the first to see inside the upgraded suite. It has a sleek, modern design and a touchscreen for flight attendants. After unveiling its updated short-haul interior in March, BA showed off its new first-class cabin at its London headquarters on Monday. Business Insider was among the first people to see inside the new suite.

Persons: it's Organizations: British Airways, Singapore, Airbus, Concorde, Business Locations: London

☆ Renters struggle to build wealth, report finds. Here’s how they can boost financial wellbeing
▼ + stars: | 2024-11-26 | by ( Ana Teresa Solá | ) www.cnbc.com time to read: +5 min

In 2022, the typical renter in the U.S. had a median net worth of $10,400, according to a new report by the Aspen Institute. Renters generally go through financial challenges like lower income, higher debt, fewer savings balances and lower rates of asset ownership, the report noted. Across income levels, renters are less likely than homeowners to own assets including cars, retirement accounts and securities, among others, the report found. Here are some of the financial challenges renter households face by income, according to the Aspen Institute, and ways they can build wealth. watch nowA hypothetical family in this category "first needs financial stability to meet the precondition for wealth building," the Aspen report notes.

Persons: That's, Janneke Ratcliffe, Ratcliffe, Clifford Cornell, Cornell, Shaun Williams, Williams Organizations: Aspen Institute, Finance, Urban Institute, Paragon Capital Management Locations: U.S, Washington ,, New York City, Denver

☆ I tried 8 different types of store-bought biscuits, and the best melted in my mouth
▼ + stars: | 2024-11-26 | by ( Gabbi Shaw | ) www.businessinsider.com time to read: +1 min

Last Thanksgiving, I tried eight different biscuit mixes and doughs to see which was the tastiest. The original Pillsbury Biscuits and the Red Lobster Cheddar Bay Biscuits came out on top. In time for the holidays last year, I tried Annie's Organic Flaky Biscuits, Red Lobster Cheddar Bay Biscuits, Trader Joe's Organic Biscuits, Immaculate Organic Biscuits, Happy Belly Jumbo Buttermilk Biscuits, and three different kinds from Pillsbury: its Original Flaky Layers, Grands! Southern Homestyle Southern Recipe, and Grands! Southern Homestyle Butter Tastin'.

Persons: Kit Kats Organizations: Pillsbury Biscuits, Biscuits, Immaculate Organic, Pillsbury, Amazon Fresh

☆ Here's why Amazon is set to lead the AI race
▼ + stars: | 2024-11-26 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHere's why Amazon is set to lead the AI raceJessica Inskip, Stockbrokers.com director of investor research, joins 'Power Lunch' to discuss which company will take a leading role in the AI space.

Persons: Jessica Inskip

☆ I bought a vintage Chanel handbag for $2050 in 2015 and sold it for $2000 in 2024. The girl math speaks for itself.
▼ + stars: | 2024-11-26 | by ( Aditi Bharade | ) www.businessinsider.com time to read: +3 min

AdvertisementKoyaana Redstar, a vintage luxury handbag expert, swears by resale handbags. She said she bought a Chanel Boy bag for $2050 in 2015 and sold it for $2000 in 2024. I paid $2,050 for it in 2015 at Rebag, a luxury resale company. A black leather Chanel Boy handbag. But don't buy designer handbags just to resell themLuxury handbags from Bottega Veneta and Hermes.

Persons: Koyaana Redstar, I've, Edward Berthelot, Louis Vuitton, MIGUEL MEDINA, Hermes, Jeremy Moeller, consigners Organizations: Luxe, Rebag, Getty, Bottega Locations: Rebag, Paris, France, AFP, Bottega Veneta

☆ Dell shares fall on light forecast despite growing AI sales
▼ + stars: | 2024-11-26 | by ( Kif Leswing | ) www.cnbc.com time to read: +3 min

Dell Technologies forecast fourth-quarter revenue and earnings below Wall Street expectations on Tuesday, despite bullish commentary from the company on AI sales growth. It said it expected $2.50 in adjusted earnings per share, versus expectations of $2.65 per share. Dell's AI server sales are reported in the company's Infrastructure Solutions Group (ISG), which includes AI servers, storage, networking components, and traditional servers. The strongest part of Dell's ISG business was its Servers and Networking subsidiary, which includes AI systems. The overall ISG unit is more profitable, thanks to sales of pricier AI systems.

Persons: Michael Dell, Dell, Jensen Huang, Jeff Clarke Organizations: Dell Inc, Dell Technologies, Dell, Nvidia, Blackwell, Solutions, Networking, Intel, AMD Locations: Las Vegas , Nevada, Asia, Dell's

☆ Here’s how investors should play the rest of this holiday-shortened trading week
▼ + stars: | 2024-11-26 | by ( Morgan Chittum | ) www.cnbc.com time to read: +3 min

Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. Meanwhile, HSBC downgraded Morgan Stanley stock to a hold from buy Monday evening. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.

Persons: Jim Cramer, Donald Trump's, Jim, Stanley Black, Decker, Wells, Charlie Scharf's, Wells Fargo, Morgan Stanley, Jim Cramer's Organizations: CNBC, Nasdaq, Dow Jones, Trump, Wells, Reuters, Federal Reserve, HSBC, Morgan Locations: Canada, Mexico, China, U.S, Wells Fargo

☆ A baby boomer living on $1,470 monthly in Social Security returned to work to support her children and grandchildren: 'I try to help as much as I can'
▼ + stars: | 2024-11-26 | by ( Allie Kelly | ) www.businessinsider.com time to read: +4 min

Many older Americans say monthly Social Security checks aren't enough to pay their bills. Pamela Shields is one of many older Americans who "unretired" because she couldn't live solely off her Social Security checks. Shields lives in Fort Worth, Texas, on her $1,470 monthly Social Security payments. Business Insider talked with more than 50 baby boomers who primarily rely on their monthly Social Security checks to get by, and many said that wasn't enough to cover essentials. AdvertisementShe unretired when she realized her monthly Social Security payments wouldn't be enough to support herself or her family.

Persons: Pamela Shields, Shields, she'd, she's, you'd, She's, she'll, I'm Organizations: Security, LinkedIn, Social, Business, Social Security, AARP, University of Chicago's Locations: Fort Worth , Texas

☆ How Bluesky rose out of Twitter's ashes to challenge X and Threads
▼ + stars: | 2024-11-26 | by ( Jonathan Vanian | In | ) www.cnbc.com time to read: +10 min

And while these larger social media platforms still dwarf Bluesky, the startup now has more than 22 million users and is not showing any signs of slowing down. Bluesky had experienced a previous surge in July 2023 after X, then still named Twitter, temporarily limited the number of posts users could read per day. Just days before Musk officially took over Twitter, the Bluesky team publicly unveiled more details about their project and rolled out a waitlist for the Bluesky app. Despite Bluesky starting as a side project within Twitter, the startup has lost its last connection to the original micro-blogging app. Bluesky is looking for ways to support the users "who are actually the ones making the network awesome and fun," Wang said.

Persons: Rose Wang, Elon Musk's, Bluesky, Wang, David Carr, Carr, Jay Graber, Jack Dorsey, Jay, Graber, Daniel Holmgren, Paul Frazee, Dorsey, Parag Agrawal, Musk, Nostr, Jack, we're, Mark Zuckerberg, Jack Johnston, Johnston, Gen, That's, It's, Similarweb's Carr Organizations: Twitter, CNBC, Brazilian Supreme, Google, Yahoo, Myspace, Facebook, Anthropic, Delaware State, PBLLC, Bluesky, Blockchain Capital, Blockchain, cryptocurrency Locations: Brazil, San Francisco

☆ I made an entire Thanksgiving dinner using only Ina Garten recipes, and most dishes were delicious and simple
▼ + stars: | 2024-11-26 | by ( Terri Peters | ) www.businessinsider.com time to read: +1 min

AdvertisementI cooked a Thanksgiving feast using only Ina Garten's recipes, and it cost me $132. I made turkey, green beans, stuffing, mac and cheese, mashed potatoes, cranberry sauce, and pie. When I first became interested in food and cooking, I spent a lot of time watching Ina Garten on Food Network and pouring over her cookbooks and recipes. Like Garten, I kept things simple and elegant, choosing classics like roasted turkey, mashed potatoes, and green beans. Although I've been cooking Thanksgiving dinner for my family for more than 15 years, I learned new tricks and found recipes I would definitely make again.

Persons: Ina Garten's, Ina Garten, I'd, I've, Ina Organizations: Food Network Locations: Turkey Garten, Garten

☆ CrowdStrike's post-earnings stock drop is a buy. Here's why sellers have it all wrong
▼ + stars: | 2024-11-26 | by ( Zev Fima | ) www.cnbc.com time to read: +10 min

Annual recurring revenue jumped 27% to $4.02 billion, also ahead of the $4.01 billion estimate, according to FactSet. The team also called out the positive uptake of the Falcon Flex model announced last year at Fal.Con 2023. … Flex customers, on average have adopted more than nine modules, and we expect to see these numbers continue to rise faster." It's clear to us that the CrowdStrike Falcon platform is resonating with customers new and old. Non-GAAP operating income between $804.4 million and $809.4 million, also well ahead of the $781 million estimate.

Persons: CrowdStrike, FactSet, Jim Cramer's, George Kurtz, Kurtz, Falcon, " Kurtz, We've, …, That's, Jim Cramer, Jim, Michael Nagle Organizations: LSEG, Falcon, Flex, … Flex, Palo Alto Networks, TAM, CNBC, CrowdStrike, New York Stock Exchange, Bloomberg, Getty Locations: cybersecurity

☆ Agility Robotics CEO tells BI how its humanoid robots are getting paid — and warns against empowering them with AI
▼ + stars: | 2024-11-26 | by ( Lara O'Reilly | ) www.businessinsider.com time to read: +7 min

AdvertisementAgility Robotics CEO Peggy Johnson says humanoid robots are filling some labor gaps. AdvertisementDigit is Agility Robotics' mobile manipulation humanoid robot. It competes with the likes of Apptronik, which is working with NASA on humanoid robots, and Boston Dynamics, which has created humanoid robots called Atlas that it says can run and jump over obstacles, as well as perform factory worker tasks. Agility Robotics' humanoid robots are currently only permitted to work inside a specific, cordoned-off space separate from human workers. Agility Robotics takes a similarly cautious approach to its application of artificial intelligence, which is deep in the hype stage.

Persons: Peggy Johnson, it'll, Johnson, GXO, Ford, —, Optimus, ChatGPT, doesn't Organizations: Robotics, pharma, Silicon, Agility Robotics, Business, Deloitte, Bureau of Labor Statistics, Digit, GXO Logistics, Mobile, Ford Amazon, Agility, NASA, Boston Dynamics, Gallup, Microsoft, Qualcomm Locations: Lisbon, Portugal

☆ I worked at Google and Meta: Here's the résumé that helped me land jobs at both companies
▼ + stars: | 2024-11-26 | by ( Andrew Yeung | ) www.businessinsider.com time to read: +6 min

AdvertisementAndrew Yeung landed roles at Google and Meta by perfecting his résumé. I was able to land a six-figure role at Google as a global product lead and Meta as a business planning and operations lead. A sample of the résumé that helped Andrew Yeung land jobs at Google and Meta. Most job seekers send out the same résumé everywhere, but recruiters and managers can easily spot the "spray and pray" approach. For every line item in your résumé, ask yourself: "How does this impact the bottom line of the company?"

Persons: Andrew Yeung, Yeung, Andrew Yeung Master, Andrew Yeung's, you've Organizations: Google, Meta, Spotify, Ivy League, EG

Elon Musk and Grimes' custody battle in Texas was resolved in August, nearly a year after the Tesla CEO filed a lawsuit against the musician in the state. Here's a timeline of the custody battle, including when the suits were filed, and the accusations Musk and Grimes have made against each other in court. In August 2023, Grimes and Musk traveled to Tokyo together, but Musk said in his petition that their relationship broke down shortly after. September 7, 2023: Musk sues GrimesMusk sued Grimes in Texas in early September to "establish the parent-child relationship" with their three kids. November 28, 2023: Musk voices security concernsMusk asked a Texas judge to restrict access to his custody battle for his kids' safety.

Persons: Elon, Grimes, Elon Musk, Los Angeles Grimes, would've, Musk, Walter Isaacson, Shivon, Grimes Musk, " Grimes, Zilis, Shivon Zilis, Jon Kopaloff, Stephen Lam, Recep Tayyip Erdoğan, We're, Texas Grimes, Musk's X, Musk Grimes, Rishi Sunak, Andrew Sorkin, Bob Iger, nannies, Tesla, Theo Wargo, Sandy Garossino, Garossino, hadn't Organizations: Elon, Twitter, Musk, US Securities and Exchange Commission, UK, Disney, San Francisco Superior Court Locations: Texas, California, Los, Los Angeles, LA, Tokyo, San Francisco, Mexico, Turkey, New York, Israel, Austin , Texas, Iger, Claire, Travis County , Texas, Francisco

☆ Hedge fund bets on a key oil and gas supply chain stock, saying it could rise over 300%
▼ + stars: | 2024-11-26 | by ( Ganesh Rao | ) www.cnbc.com time to read: +4 min

London-based hedge fund Granular Capital has revealed a renewed interest Borr Drilling , saying the offshore drilling company's shares could increase by up to 300% or 400%. The hedge fund's thesis centers on Borr's fleet of 24 modern jack-up rigs – specialized vessels used to maintain oil and gas production in shallow waters. Additionally, about one-third of the global jack-up fleet is approaching or has exceeded retirement age, suggesting a likely decrease in available equipment going forward. Singapore, which previously constructed 50% of global jackup rigs, has largely converted its manufacturing capacity to other uses. This week, Seatrium signed an agreement with India's Cochin Shipyard to build jack-up rigs, potentially at a lower cost in the future.

Persons: Thiago Mordehachvili, there's, Mordehachvili, Tor Olav Trøim, Sebastian Grindheim, Borr, Truls Olsen, Evercore, Jason, Granular's Mordehachvili, Seatrium Organizations: Borr, Sohn Conference, NYSE, Arctic Securities, Exxon Mobil, Valeura Energy, Fieldwood Energy, FactSet, Fearnley Securities, CNBC Pro, Keppel Offshore, India's, Shipyard Locations: Norway, Saudi Aramco, Malaysia, Thailand, Mexico, Mordehachvili, Singapore

U.S. President-elect Donald Trump at a viewing of a test-flight launch of the SpaceX Starship rocket in Brownsville, Texas, Nov. 19, 2024. Brandon Bell | Getty Images News | Getty ImagesAs Inauguration Day nears, investors are trying to unravel what booms or busts lay ahead under President-elect Donald Trump. Yet the energy sector climbed 22.9% under Biden as of Nov. 19, despite the administration's push for renewables and sustainability. As president, Trump is expected to embrace crypto more than any of his predecessors. When Biden won in 2020, there was a lot of panic about the outlook for energy, oil and gas.

Persons: Donald Trump, Brandon Bell, Jeremy Goldberg, Goldberg, Larry Adam, Raymond James, Trump, Adam, Biden, Monty Rakusen, John Murphy, Murphy, Callie Cox, Cox, Greg Iacurci Banks, Jamie Dimon, Andrew Harrer, Brian Spinelli, Halbert Hargrove, Spinelli, David Rea, Lorie Konish, Bill Varie, —, — Greg Iacurci Crypto, Kevin Wurm, Matt Apkarian, Apkarian, Christina Lynn, there's, Lynn, — Lorie Konish, Cooper Neill, Joe Biden, Mike Cerasoli, Cerasoli, you'll, — Lorie, Images Trump, Robert F, Kennedy Jr, bode, David Weinstein, Weinstein, Chris Unger, Charles, Vivek Ramaswamy, Greg Iacurci, Thomas Barwick, Ted Decker, Decker, TJ Maxx, Lorraine Hutchinson, — Greg Iacurci, Donald J Organizations: SpaceX, Getty, Trump, Professional Advisory Services, Digitalvision, EV, Biden, Bank of America Securities, Ford, Ritholtz Wealth Management, U.S . Federal, JPMorgan Chase &, White, Bloomberg, CNBC, Salem Investment, Bank, — Greg Iacurci Crypto Republican, Reuters, bitcoin, Liberty Financial, Cerulli Associates, Mariner Wealth, — Lorie Konish Energy, Double Eagle Energy Holdings LLC, Eagle Global Advisors, Images, Department of Health, Human Services, RFK, U.S . Senate, Merck, Pfizer, Dana Investment, Affordable, Publicly, HCA Healthcare, UFC, Madison, Garden, Ufc, Medical, Charles River Laboratories, Food and Drug Administration, of Government, Retailers, Walmart, Marshalls, Google, Twitter, Trump National Golf Club, Washington Post Locations: Brownsville , Texas, California, U.S, Iran, Venezuela, Washington, Long Beach, Calif, Salem, Winston, Salem , North Carolina, Ritholtz, Nashville , Tennessee, cryptocurrency, Lynn, Midland , Texas, Houston, New York, China, North America, HomeGoods, Bedminster , NJ, Jabin

☆ The full list of auto companies cutting jobs, including GM, Ford, and Stellantis
▼ + stars: | 2024-11-26 | by ( Nora Naughton | ) www.businessinsider.com time to read: +5 min

A protracted transition to electric vehicles is taking its toll on global car companies, many of which still have yet to profit from battery-powered vehicles. This presents a problem for car companies that need mass adoption to deliver profits for these expensive vehicles. Here are all car companies with job cuts planned or already underway in 2024. Prior to the November job cuts, GM also trimmed another 1,000 salaried positions in software and services, according to reports. In addition to these job cuts, Ford also announced curtailed production at a factory in Cologne in the first quarter of 2025.

Persons: Ford, VW's, Stellantis, Elon Musk, Tesla Organizations: Ford, Motors, Detroit, General Motors, GM, United Auto Workers, BYD, Volkswagen, VW, Chrysler, Jeep, UAW, Business, Tesla, Nissan Locations: Detroit, China, Europe, Germany, Cologne, Germany German, BYD, Illinois

☆ Abercrombie expects a strong holiday quarter as growth run continues
▼ + stars: | 2024-11-26 | by ( Gabrielle Fonrouge | In Gabrielle-Fonrouge | ) www.cnbc.com time to read: +3 min

The apparel company issued strong holiday guidance on Tuesday after posting its sixth straight quarter of double-digit sales growth and another quarter of results that topped expectations. For the all-important holiday shopping quarter, Abercrombie is expecting sales growth of 5% to 7%, ahead of the 4.8% growth that analysts had expected, according to LSEG. That new outlook is higher than the 12.1% growth analysts had expected, according to LSEG. The Abercrombie and Hollister brands posted comparable sales growth of 11% and 21%, respectively. Horowitz noted the strong performances lapped growth of 26% for Abercrombie and 7% for Hollister last year.

Persons: Fitch isn't, Mike Jeffries, Abercrombie, Fran Horowitz, Horowitz, Hollister, it's, It's, Donald Trump's, –, bullishness Organizations: Abercrombie, Fitch, LSEG, NFL, Hollister, Black, Dick's Locations: Manhattan, New York City, Americas

☆ I spent $120 on a ferry to and from an artsy Cape Cod town with beautiful views. The scenic 90-minute ride wasn't even the best part.
▼ + stars: | 2024-11-26 | by ( Natalie Gale | ) www.businessinsider.com time to read: +1 min

AdvertisementI spent about $120 on a round-trip ferry ride from Boston to Provincetown, Massachusetts, and back. The ferry, which I booked through Boston Harbor City Cruises, had lots of seating and a snack bar. A friend and I recently decided to take a day trip there from Boston via a 90-minute ferry ride on Boston's Provincetown/Cape Cod Fast Ferry through Boston Harbor City Cruises. Including taxes, fees, and ticket insurance, my round-trip ticket cost about $120. Here's what the ferry ride and day trip to Provincetown were like.

Organizations: Boston, Boston Harbor City Cruises, Provincetown Locations: Boston, Provincetown , Massachusetts, Boston Harbor, Cape Cod, Provincetown, Cape

☆ Many digital health startups are quietly raising down rounds and closing up shop. Here's why.
▼ + stars: | 2024-11-26 | by ( Rebecca Torrence | ) www.businessinsider.com time to read: +9 min

Now, VCs say many digital health startups are cutting their valuations to live another day. As of mid-November, PitchBook data shows 327 digital health startups that grabbed funding in 2021 but haven't raised since. Not even the AI boom, which has brought back-to-back fundraises for hot healthcare startups like Abridge, can make up for the discrepancy. "There are more digital health companies that are selling assets, selling people, or whatever they can," said Greg Yap, a partner at Menlo Ventures. AdvertisementVCs told BI they're pushing the next generation of healthcare startups for better discipline in balancing growth with profits.

Persons: haven't, Greg Yap, Doba Parushev, CareFirst, Parushev, Jenny Chang, Rodriguez, Alyssa Jaffee, she's, that's, Ruth, Alison Greenberg, Healthworx's Parushev, Forward's, Rob Price, Axios, LetsGetChecked, Galym, Yap, cofounders Umar Afridi, Sid Viswanathan, VCs Organizations: Healthcare, Business, Menlo Ventures, Healthworx Ventures, Getty, Ruth Health, Carta, Optum Ventures, Lightspeed Ventures Partners, Omada, Walgreens, Walmart Locations: Forward's San Francisco

☆ Trump said he'll charge up to an extra 25% on imports from Mexico, Canada, and China. Here's what the US buys from them the most.
▼ + stars: | 2024-11-26 | by ( Ayelet Sheffey | Madison Hoff | ) www.businessinsider.com time to read: +5 min

AdvertisementPresident-elect Donald Trump is expanding his plans for tariffs on Mexico, China, and Canada. Trump's tariff plans could face legal issues, and he may choose not to implement them. The Census Bureau reported that in 2023, the US imported a total of about $1.3 trillion in goods from China, Mexico, and Canada combined. AdvertisementSome companies have already been preparing to increase prices as a result of Trump's tariff plans on the campaign trail. Trump wrote of the Mexico and Canada tariffs.

Persons: Donald Trump, Donald Trump's, Trump, John David Rainey, François Legault, Arturo Sarukhan, — Organizations: Business, Census Bureau, Walmart, CNBC, Trump, Companies Locations: Mexico, China, Canada, Quebec, United States, Mexican

☆ 6 ways DEI programs are evolving as companies reorganize, home in on employee skills, and leverage the power of AI
▼ + stars: | 2024-11-26 | by ( Julia Hood | Rebecca Knight | ) www.businessinsider.com time to read: +14 min

Business Insider asked its Workforce Innovation board to participate in a roundtable to discuss how DEI programs are evolving. AdvertisementSkills-based hiring is one way companies are working to identify diverse candidates organically. The critical piece for companies is to figure out the best way to capture an accurate and comprehensive view of employees' skills. The global company has a centralized corporate DEI team, with DEI councils at the individual industry units. Using AI to scrutinize hiring, while retaining the human touchAdya said Infosys is using AI to analyze patterns in its hiring data.

Persons: John Deere, Maggie Hulce, Spring Lacy, We've, Anant Adya, Infosys Lucrecia Borgonovo, Chris Deri, Weber, Lacy, Lucrecia Borgonova, Mastercard's, Borgonovo, Lucrecia Borgonovo, Hulce, It's, realigning, Adya, Deri Organizations: Microsoft, Molson Coors, Walmart, for Racial Equity, Business, Ferring Pharmaceuticals, Verizon, Infosys, Prudential, Mastercard, DEI

☆ I bought a vintage Chanel handbag for $2,050 in 2015 and sold it for $2,000 in 2024. The girl math speaks for itself.
▼ + stars: | 2024-11-26 | by ( Aditi Bharade | ) www.businessinsider.com time to read: +3 min

AdvertisementKoyaana Redstar, a vintage luxury handbag expert, swears by resale handbags. She said she bought a Chanel Boy bag for $2,050 in 2015 and sold it for $2,000 in 2024. AdvertisementI swear by resale, just because your return on investment is always going to be higher if you buy resale and sell resale, versus buying at retail price and then selling it off. A black leather Chanel Boy handbag. But don't buy designer handbags just to resell themLuxury handbags from Bottega Veneta and Hermes.

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