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The union representing thousands of federal workers said it would fight any effort by President-elect Donald Trump to block a Biden administration agreement allowing thousands of federal workers to continue with remote work. Trump, who spoke to reporters at his Mar-a-Lago resort, called the deal "very terrible," and said it's interfering with his plans for how to handle the federal workforce, which includes ending remote work. "Telework and remote work are tools that have helped the federal government increase productivity and efficiency, maintain continuity of operations, and increase disaster preparedness," he added. Ramaswamy told Tucker Carlson after Trump's election victory that he believed ending remote work would lead to mass resignations. She told reporters last month that more federal workers going back to work in the city would bring “vibrancy back to our town.”

Persons: Donald Trump, Trump, Martin O'Malley, Biden, ” Trump, ”, Everett Kelley, ” Kelley, Vivek Ramaswamy, Elon Musk, Ramaswamy, Tucker Carlson, “, ” Ramaswamy, Carlson, Kelley, Muriel Bowser Organizations: Biden, Social Security, American Federation of Government Employees, Mar, AFGE, SSA, Democratic Locations: Lago, “, Democratic Washington

Ferguson, whose video has been viewed more than 1.5 million times, did not immediately respond to a request for comment Monday. Other TikTok users have shared similar beliefs that the drones may be searching for nuclear weapons or dirty bombs. The mystery behind the drones is also furthering decades-old conspiracy theories. One refers to Project Blue Beam, which involves a supposed government plot to fake an alien invasion and spark panic. One New Jersey mayor, Ryan Herd of Pequannock Township, told NBC New York that answers are necessary to quell community concerns.

Persons: Joe Rogan, John Ferguson, Ferguson, Donald Trump, Trump, doesn't, Sabrina Singh, Chris Smith, shouldn't, Smith, Sen, Rick Scott, Cory Booker, Ryan Herd, Herd, Phil Murphy, Adam Kinzinger, Kinzinger Organizations: FBI, NBC, Trump National Golf Club, Army's, Federal Aviation Administration, Pentagon, NBC New, . New, . New Jersey Gov, Republican Locations: New Jersey, Kansas, Bedminster, U.S, Iran, Russia, China, North Korea, Pequannock Township, NBC New York, ., . New Jersey

Laundry detergent — it can make or break your load of laundry. To help you perfect your laundry game, we asked experts exactly how much detergent you should use depending on the load you’re doing. SKIP AHEAD How much laundry detergent should you use? | Highly rated laundry detergents to considerHow much laundry detergent should you use? For this story, she interviewed experts on how much laundry detergent you should be using.

Persons: it’s, ”, Alex Varela, Matt O’Connor, ” It’s, Varela, Bethany Heitman, TikTok Organizations: Dallas, “, NBC, Facebook, Twitter Locations: Dallas , Texas, Austin , Texas

It is only the sixth time that a no confidence vote has been called in the country of 83 million people, Europe's most populous and the continent's largest economy. The confidence vote was needed because in post-World War II Germany, the constitution does not allow the Bundestag to dissolve itself. Scholz called the confidence vote after weeks of infighting with his coalition partners on a 2025 budget and Germany's future economic policy prior to Lindner's firing. However, it is unlikely the group would be able to govern because other parties have refused to align themselves to the far-right, despite Germany’s parliamentary system traditionally producing coalitions. Facing pressure from both the right and the left, French Prime Minister Michel Barnier resigned earlier this month after he lost a confidence vote which collapsed his government.

Persons: Olaf Scholz, Scholz, Christian Lindner, Lindner, Frank, Walter Steinmeier, Kallum Pickering, Peel Hunt, Pickering, Friedrich Merz, Emmanuel Macron, Michel Barnier, Macron, François Bayrou, Barnier Organizations: Social Democratic, Bundestag, Free Democrats, environmentalist Green Party, Peel, CNBC, Reuters, Labour Party won, French Locations: Germany, Thuringia, France

To help make sure you don’t lose any money you’ve stashed away, we gathered a list of FSA-eligible products that are available on Amazon right now. SKIP AHEAD The best FSA-eligible products on Amazon | Why trust NBC Select? There are also a number of health and medical related products that you can use your FSA money on. Below, I rounded up a variety of FSA-eligible products from Amazon. They’re washable and reusable and made of flexible gel that’s comfortable and soft against the skin, according to the brand.

Persons: What’s, you’ve stashed, you’re, It’s, you’ll, Lauren Swanson, dermatologists, I’ve, ’ ”, Rebecca Rodriguez, Mili Godio, ”, Podiatrists, Zoe Malin, “, ” I’ve, TikTok Organizations: NBC, Internal Revenue Service, copays, FSA, Apple Health, Google, Sunbeam, Facebook, Twitter

☆ ‘They said we were American spies’: Priests describe Russia’s crackdown on Evangelicals in occupied Ukraine
▼ + stars: | 2024-12-16 | by ( Ivana Kottasová | ) edition.cnn.com time to read: +19 min

Kyiv, Ukraine CNN —Pastor Dmytro Bodyu said the Russians kept telling him they knew he was an American spy, specifically, a CIA agent paid by the US government to spread anti-Russian propaganda in occupied Ukraine. Since launching its full-scale invasion of Ukraine in February 2022, Russia has jailed dozens of Ukrainian faith leaders in occupied areas, according to Ukrainian prosecutors. In the territories occupied after February 2022, Russian tactics became bloodier and more violent,” he said. Ukraine created its own independent Orthodox Church of Ukraine in 2018, splitting from the Moscow-affiliated Ukrainian Orthodox Church (UOC). ‘American spies’Moscow has been cracking down on all non-Russian churches in occupied Ukraine, but Protestant and Evangelical groups have often been among the first to be banned.

Persons: Dmytro Bodyu, “, ” Bodyu, Bodyu, he’d, Petros Giannakouris, Jae C, Bohdan Heleta, Ivan Levitsky, ” Heleta, ” Bohdan Heleta, Alex Babenko, Levitsky, Maksym, Vishchyk, ”, ” Vishchyk, Vladimir Putin’s, Putin, Kirill, Putin’s, Mariupol, Evgeniy, Priest, of Jesus Christ, Falun Gong, Serhii, Serhii Chudynovych, Chudynovych, ‘, ’ ”, ’, Mike Johnson, Mykhailo Brytsyn, Brytsyn, Ivashchuk, Mykhailo Brystsyn, Ivana Kottasova, Grace, Mykhailo Brytsyn Ihor Ivashchuk, ” Ivashchuk, Pastor Ihor Ivashchuk, CNN Ivashchuk, CNN’s Katharina Krebs, Victoria Butenko Organizations: Ukraine CNN —, CIA, Life, CNN, Ukrainian, Russian Orthodox Church, 95th Air Assault Brigade, Yasuyoshi, Getty, Orthodox Church, Information Resilience, AP Church, Russian Defense Ministry, Ukrainian Greek Catholic Church, Catholic Church, Global Rights, State Department, Church of, Ukrainian Orthodox Church, Ukraine’s State Service, Ethnic, Russian, Church, of Jesus, of Scientology, Orthodox, of, Kherson Prosecutor’s, Protestants, Evangelical, Ukraine, Grace Church, Russia, Evangelical Grace Church, ” CNN, Grace Locations: Kyiv, Ukraine, American, Melitopol, Ukrainian, Moscow, Russia, Donetsk, AFP, Berdiansk, Kherson, Lukashivka, Chernihiv, Odesa, Crimea, Vishchyk, “, Russian, Church of Ukraine, Mariupol, of Ukraine, Serhii, Bashtanka, ’ Moscow, United States, Soviet Union

☆ Stocks making the biggest moves midday: Nvidia, Broadcom, MicroStrategy, Super Micro Computer and more
▼ + stars: | 2024-12-16 | by ( Pia Singh | In | ) www.cnbc.com time to read: +4 min

MicroStrategy — The bitcoin proxy stock rose more than 6% after Nasdaq announced MicroStrategy will be added to the tech-heavy Nasdaq-100 index . Crypto stocks — Shares of crypto-linked stocks rallied, with Coinbase and Robinhood gaining 4.7% and 7%, respectively. Keysight Technologies — The electronics stock rose about 3% after an upgrade to overweight from neutral at JPMorgan. Micron Technology — Shares rose 7% ahead of the semiconductor manufacturer's quarterly earnings due later this week. Drone stocks — Shares of several drone makers rallied , with interest in the sector fueled by recent mysterious drone sightings over Northeast states and a new Palantir partnership announcement.

Persons: MicroStrategy, Michael Saylor, Jefferies, Keysight, Versace, Jimmy Choo, Charles Liang's, Elliott, Donald Trump Jr, — CNBC's Hakyung Kim, Jesse Pound, Sean Conlon, Yun Li, Lisa Kailai Han, Michelle Fox Organizations: Nvidia, Nasdaq, Mara Holdings, Ford, Broadcom, Technologies, JPMorgan, Capri, Barclays, Bloomberg, ISI, Honeywell, Elliott Management, Micron Technology, Berkshire Hills Bancorp, Street Journal, Berkshire Hills, Brookline Bancorp, Cat Holdings, Palantir Technologies, Cat, Machines, Defense, Security Solutions Locations: Brookline, Boston

☆ North Korean soldiers attacked Russian forces by mistake due to a language barrier, Ukraine says
▼ + stars: | 2024-12-16 | by ( Mia Jankowicz | ) www.businessinsider.com time to read: +3 min

Ukraine said that North Korean troops had accidentally killed 8 Russian soldiers in Kursk. Eight Russian soldiers were killed by North Korean forces in a recent "friendly fire" incident in Kursk, according to Ukrainian intelligence. AdvertisementNorth Korean soldiers opened fire on Russian military vehicles, Defense Intelligence of Ukraine said on Saturday, attributing it to a language barrier between the two forces. He said a cumulative 100,000 North Korean soldiers could serve in Russia within a year. AdvertisementExperts on the relationship between the two states have previously said that the language difference between North Korean and Russian soldiers would be a key logistical issue.

Persons: Dmytro Ponomarenko, Joseph S, Bermudez Jr, —, Putin, Ramzan Kadyrov Organizations: North, Defense Intelligence, North Korean, Ukraine, Center for International, Strategic Studies, Audio, Reuters Locations: Ukraine, Kursk, Ukrainian, North Korean, North Korea, Russia, South Korea, America, Russian

☆ How to know when it's time to take profits in your 2024 winners using charts
▼ + stars: | 2024-12-16 | by ( Katie Stockton | ) www.cnbc.com time to read: +7 min

—Katie Stockton with Will Tamplin Access research from Fairlead Strategies for free here . Fairlead Strategies Disclaimer: This communication has been prepared by Fairlead Strategies LLC ("Fairlead Strategies") for informational purposes only. Securities, investment products, other financial products or strategies discussed herein may not be suitable for all investors. The recipient of this information must make its own independent decisions regarding any securities, investment products or other financial products mentioned herein. This material is not to be reproduced or redistributed absent the written consent of Fairlead Strategies.

Persons: PLTR's stochastics, APP's, Katie Stockton Organizations: APP, CNBC, NBC UNIVERSAL, Fairlead, CNBC Pro, Securities

☆ New exhibition on Japan’s replica food lifts the lid on delicate craftsmanship
▼ + stars: | 2024-12-16 | by ( Rosa Rahimi | ) edition.cnn.com time to read: +8 min

Advances in the production method have made more realistic and dynamic presentations of food replicas possible. A food replica of 'Napolitan' or Japanese ketchup spaghetti, considered a popular Western dish in the country. Jeremie Souteyrat/Japan House LondonA selection of food replicas made by Iwasaki Group employees as part of a company-wide competition. Jeremie Souteyrat/Japan House LondonA food replica of a towering burger stacked, produced for one of the Iwasaki Group's internal competitions between its employees. Jeremie Souteyrat/Japan House London

Persons: It’s, Simon Wright, Wright, Takizo Iwasaki, Iwasaki’s, —, Iwasaki, Nathan Hopson, Hopson, Jeremie Souteyrat, ” Wright, “, ”, Shirokiya, London “, bento Organizations: London CNN, Japan House London, Iwasaki Group, University of Bergen, CNN, Japan House, Wright’s, Japan’s Ministry of Agriculture, Fisheries, London, Japan Diabetes Society Locations: Japan, London, Hokkaido, ohaw, Osaka, Tokyo, bara, Okayama prefecture, Japan House London, Hyōgo Prefecture, Kōbe, Yokohama, USA, Europe

☆ My college freshman is coming home for the holidays. I'm worried he won't listen to any of my rules.
▼ + stars: | 2024-12-16 | by ( Erika Ebsworth-Goold | ) www.businessinsider.com time to read: +4 min

I'm worried he won't listen to any of my rules, so I'm trying to adjust expectations. I'm getting a start on the cookies — and I'm also thinking about new rules. AdvertisementMy son is a college freshman and loves his new university so much that he didn't come home for Thanksgiving. AdvertisementWe'll choose holiday non-negotiables carefullyI'm committed to being flexible and won't micromanage my son's schedule during the holiday break. Knowing that is one of the greatest gifts the mom of a college kid can receive during the holidays.

Persons: I'm, He's, we'll, We'll, we've, I've, he'll

☆ Drone stocks are surging on Wall Street Monday led by Red Cat Holdings
▼ + stars: | 2024-12-16 | by ( Samantha Subin | ) www.cnbc.com time to read: +2 min

Drone stocks rallied Monday as retail interest ramped up in the sector following a Palantir partnership with Red Cat Holdings and amid a flurry of mysterious New Jersey sightings that Wall Street believes could boost funding for the industry. Red Cat shares rallied more than 25% on news that its working with Palantir to integrate visual navigation software into its drones. The partnership news comes as recent sightings across the northeast have reignited interest in the sector, while also fueling national security concerns. FBI officials on Thursday said there was "no evidence" that the drones jeopardize "national security and public safety." Many on Wall Street view the incoming White House administration as a potential boon that could boost funding for the sector and U.S.-made drones.

Persons: Palantir, Donald Trump Jr, Elon Musk, Donald Trump's, William Blair, Louie DiPalma, Yun Li Organizations: Red Cat Holdings, Red Cat, Nvidia, Tesla, WSB, Machines, Defense, Security Solutions, Enterprise, White, National Defense, Senate Locations: Jersey, U.S, China

☆ We're adding to our position in a stock that just landed a big Wall Street endorsement
▼ + stars: | 2024-12-16 | by ( Jeff Marks | ) www.cnbc.com time to read: +3 min

Shortly after the opening the bell, we will be buying 300 shares of Bristol Myers Squibb at roughly $56.50. Following the trade, Jim Cramer's Charitable Trust will own 1,200 shares of BMY, increasing its weighting in the portfolio to roughly 1.9% from about 1.4%. We first bought Bristol Myers in late November and most recently added to our position on Dec. 4. 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: Bristol Myers, Jim Cramer's, Friday's, AbbVie, Jefferies, Jim Cramer, Jim Organizations: Bristol, Bristol Myers Squibb, BMY, Jefferies, Bristol Myers, CNBC Locations: Bristol

☆ I moved to Bengaluru, India, to launch my startup but left after 16 months. It's not comparable to Silicon Valley.
▼ + stars: | 2024-12-16 | by ( Shubhangi Goel | ) www.businessinsider.com time to read: +6 min

He says that Bengaluru has its own merits and should not be compared to the Silicon Valley. It's no Silicon ValleyI don't think Bengaluru should be compared to Silicon Valley at all. AdvertisementBengaluru has an amazing tech crowd, but Silicon Valley is Silicon Valley for a reason — people are far more open-minded and inclusive about giving opportunities to those from different backgrounds, which has allowed it to become a sponge. It came from OpenAI and Silicon Valley, where Sam Altman's team was allowed to burn cash for years before ChatGPT came to fruition. AdvertisementWe call Bengaluru the Silicon Valley of India, but that is just another way Indians are comparing themselves to the West.

Persons: Dhruv Suyamprakasam, Sam Altman's, ChatGPT Organizations: Indian Institute of Technology, Area Locations: Bengaluru, Coimbatore, Southern India, Hyderabad, India, It's, Silicon, Bay, OpenAI, Silicon Valley, Valley

☆ After the Skydance-Paramount merger and Comcast spinoff, these are the media deals industry insiders think could be next
▼ + stars: | 2024-12-16 | by ( Lucia Moses | ) www.businessinsider.com time to read: +3 min

Media and entertainment insiders expect an uptick in industry M&A in 2025. Insiders identified the deals they think are most likely to happen in 2025 and beyond. AdvertisementWith several buzzy media and entertainment deals already planned for 2025, industry insiders say next year could see a flurry of M&A activity. AdvertisementBoth the Comcast and Paramount deals are expected to close in the second half of 2025. Business Insider spoke with half a dozen media and entertainment investors, bankers, and advisors who speculated about the deals they think could happen in 2025 and beyond.

Persons: Skydance Media's, Jonathan Miller, Miller, David Ellison's, LeBron James, Alex Iosilevich Organizations: Comcast, Skydance, Bankers, Integrated Media, CNBC, MSNBC, Paramount Global, CBS News, MTV, Nickelodeon, Paramount, Big Tech, Warner, NBA Locations: SpringHill

☆ Aysenur Ezgi Eygi: Family of American woman killed in West Bank expresses frustration after Blinken meeting
▼ + stars: | 2024-12-16 | by ( Jennifer Hansler | ) edition.cnn.com time to read: +4 min

CNN —The family of an American woman killed by Israeli forces in the West Bank said they left a meeting with Secretary of State Antony Blinken frustrated and with little hope anyone would be held accountable for her death. “Nothing left us optimistic about justice for my sister moving forward,” Ozden Bennett, the sister of Aysenur Ezgi Eygi, said after the meeting at the US State Department Monday. Eygi was shot and killed in early September while participating in a weekly protest against an Israeli settlement near the Palestinian village of Beita. The family also called for Blinken to publicly pressure Israel to finish that probe before the Biden administration leaves office. An American was killed abroad, and we hope any American government, any administration, would take that seriously and pursue justice,” Ali said.

Persons: Antony Blinken, “, ” Ozden Bennett, Eygi, Rachel Corrie, ” Blinken, Hamid Ali, Eygi’s, Blinken “, Blinken, Rachel Corrie’s, ”, Shireen Abu Akleh’s, Israel, Biden, ” Ali, Matthew Miller, ” Miller, Miller, Trump Organizations: CNN, West Bank, US State Department, University of Washington, Israel Defense Forces, ”, Department of Justice, State Department Locations: American, Beita, Turkey, Turkish American, Gaza

☆ Emboldened by ABC settlement, Trump threatens more lawsuits against the press
▼ + stars: | 2024-12-16 | by ( Hadas Gold | ) edition.cnn.com time to read: +5 min

In an interview Friday on the PBS show “Iowa Press,” Selzer said she did not know what “went wrong.”“We have explored everything. Selzer previously said she wondered if the intense coverage of her poll helped motivated Trump voters to turn out on Election Day. We need a fair media,” Trump said. Trump then laid out several other lawsuits he’s brought against the media, including famed journalist Bob Woodward, CBS News’ “60 Minutes” program and the Pulitzer Prize board. Some news organizations are already warning their reporters to prepare: Axios recently told its staff to expect an increased number of lawsuits from the Trump administration, Semafor reported.

Persons: Donald Trump, ”, Trump, “, Kamala Harris, he’d, pollster J, Ann Selzer, Harris, She’s, ” Trump, Marie Anton, Trump’s, pollster Ann Selzer, ” Anton, ” Selzer, Selzer, I’ve, It’s, he’s, Bob Woodward, Axios, Semafor Organizations: New, New York CNN, ABC News, Moines Register, Iowa, Trump, Gannett, Des Moines Register, PBS, Iowa Press, Trump voters, CNN, CBS, ’, Justice Department Locations: New York, Lago, Florida, Des, Iowa, cahoots

☆ We plan to book profits in this custom chipmaker after its parabolic stock move
▼ + stars: | 2024-12-16 | by ( Matthew J. Belvedere | ) 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. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. If Jim has talked about a stock on CNBC TV, he waits 72 hours after issuing the trade alert before executing the 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, Dow, Jim, it's, I'm, Stocks, Edwards, Jim Cramer's Organizations: CNBC, Dow Jones, Federal, Fed, Bristol Myers Squibb, Jefferies, Bristol Myers, Broadcom, Apple, Devices, AMD, Nvidia, Netflix, Ford

Federal officials have so far downplayed many of the reported sightings, saying they are likely small airplanes or other manned aircraft. Gregory McNeal, a drone expert, told CNN that growing distrust in government communication is fueling demands for greater transparency and accountability from federal officials. Republican Assemblyman Paul Kanitra of New Jersey told CNN’s Sara Sidner Friday there had been drone sightings every night since then. Kanitra said federal officials were losing trust with the American people because several of the drone reports have come from places like military facilities, but federal officials have been dismissive. An FBI official on Saturday noted some drone sightings reported to tip lines were matched to similar flight approach patterns from nearby airports.

Persons: Alejandro Mayorkas, ” Mayorkas, ”, Yinpiao Zhou, Zhou, John Kirby, Gregory McNeal, It’s, ” McNeal, Erik Peterson, “, CNN’s Victor Blackwell, Peterson, Josh Gottheimer, “ I’ve, ” Scott Clancy, CNN’s Kasie Hunt, Clancy, Bob Purtiman, Wright, Patterson, Paul Kanitra, CNN’s Sara Sidner, Kanitra, , Mike Waltz, Donald Trump’s, Biden, Tom Adams, Rob D’Amico, ” D’Amico, Kathy Hochul, Hochul, York’s, Missy Cummings, CNN’s Josh Campbell, Artemis Moshtaghian, Jack Forrest, Zoe Sottile, Sam Fossum, Michelle Watson, Isaac Yee Organizations: CNN, ” Department of Homeland, Justice Department, Vandenberg Space Force, San Francisco International Airport, White House, . New, . New Jersey Republican, Royal Canadian Air Force, North American Aerospace Defense Command, US Air Force’s, Wright, Patterson Air Force Base, 88th Air Base, WHIO, Air Force, US Air Force, Air Force Research, Saturday, Northeast, Federal Aviation Administration, Republican, FBI, DHS, Department of Homeland Security, Defense Department, CBS, New, New York Gov, Logan International Airport, York’s Stewart International Airport, Port Authority of New, George Mason University Locations: East Coast, New Jersey, Ohio, Brentwood , California, California, China, ., . New Jersey, Jersey, Dayton, Massachusetts, New Jersey , New York , Connecticut, Pennsylvania, Virginia, Morris County , New Jersey, Florida, Bedminster , New Jersey, New York, Washington, Boston, Port Authority of New York, New York City

☆ I'm a retiree who assembles furniture on Taskrabbit to avoid draining my retirement fund. At 79, I also like having structure and meeting new people.
▼ + stars: | 2024-12-16 | by ( Perri Ormont Blumberg | ) www.businessinsider.com time to read: +5 min

Dan Weiss, 79, earns up to $47 per hour on Taskrabbit assembling furniture in Minnesota. Now, I fill my days building furniture, meeting new people, and supplementing my retirement income. I could live on my retirement savings if I had to, but Taskrabbit income helps. AdvertisementI've realized how fulfilling and also challenging retirement can beThe lack of structure and income flow in retirement is challenging. We're told to save, save, save for retirement, and that's what I did.

Persons: Dan Weiss, Weiss, Tasker, Uber, I've, We're, Maui, I'm, Lauryn Haas Organizations: Taskrabbit, Costco, Ikea, lhaas Locations: Minnesota, Taskrabbit, Oakdale , Minnesota, Minneapolis

☆ We're downgrading Broadcom after shares go parabolic. A rival chipmaker is a buy
▼ + stars: | 2024-12-16 | by ( Jeff Marks | ) www.cnbc.com time to read: +4 min

Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. China and Starbucks : Some consumer stocks with strong China ties are taking a hit after another string of disappointing economic numbers. 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, we'd, Brian Niccol's, Will, Hock Tan, AMD's, Lisa Su's, she's, we'll, Jim Cramer's, Jim, Martin H, Simon Organizations: CNBC, ., Nvidia, Starbucks, National Bureau of Statistics, Wynn Resorts, China, Broadcom, Marvell Tech, AMD, Bank of America, ZT Systems, Intel, Jim Cramer's Charitable, Bloomberg, Getty Locations: China, United States

☆ MicroStrategy's Michael Saylor says bitcoin is 'cyber Manhattan' — a 'good investment' even at the top
▼ + stars: | 2024-12-16 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +1 min

Michael Saylor compared bitcoin to New York City and its economy on Monday as the cryptocurrency rose to fresh records, calling it "cyber Manhattan." "We'll just keep buying the top forever, everyday is a good day to buy bitcoin" the founder and chairman of MicroStrategy said on CNBC's "Money Movers." Bitcoin rose to a all-time high of $107,162.64, according to Coin Metrics. MicroStrategy has been adding bitcoin to its balance sheet since 2020 and now issues convertible notes to leverage its purchases. Saylor responded to naysayers who call MicroStrategy's bitcoin acquisition strategy a Ponzi scheme.

Persons: Michael Saylor, bitcoin, MicroStrategy, it's, Saylor, naysayers Organizations: Manhattan, Nasdaq, Metrics, U.S, BTC Locations: New York City, Manhattan

☆ A spin-off of Honeywell's aerospace unit would be an overdue jolt for the stock
▼ + stars: | 2024-12-16 | by ( Morgan Chittum | ) www.cnbc.com time to read: +4 min

Honeywell has responded to activist hedge fund Elliott Investment Management's calls to break up the industrial conglomerate. In particular, the aerospace division is Honeywell's crown jewel, so it's a solid move on management's part to address that segment sooner than later. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio. If Jim has talked about a stock on CNBC TV, he waits 72 hours after issuing the trade alert before executing the trade.

Persons: Investment Management's, Jim Cramer, Vimal Kapur, Elliott, —, Jim, Jim Cramer's, Igor Golovniov Organizations: Honeywell, Investment, Wall Street, GE Aerospace, CNBC, Lightrocket, Getty

☆ China’s weak consumption drags on economy as Trump tariff threat looms
▼ + stars: | 2024-12-16 | by ( ) edition.cnn.com time to read: +5 min

US President-elect Donald Trump’s vow to impose tariffs exceeding 60% on Chinese goods could push Beijing to accelerate plans to rebalance its $19 trillion economy, analysts said. However, retail sales, a gauge of consumption, grew at its weakest pace in three months at 3.0% last month, much slower than a 4.8% rise seen in October. “Worries about the poor retail sales may be overdone, as it results from an early start of the ‘Double 11’ shopping festival which frontloaded sales to October,” said Xu Tianchen, senior economist at the Economist Intelligence Unit. “If we smooth the October-November data, then growth should average around 3.9%, which is higher than the previous months,” he added. On Monday, Moody’s Ratings raised China’s GDP growth forecast to 4.2% from 4% for 2025.

Persons: Trump, Donald Trump’s, ”, Dan Wang, “, Xu Tianchen, Julian Evans, Pritchard Organizations: Beijing Reuters, China’s, National Bureau of Statistics, Analysts, Economist Intelligence Unit, Reuters, Economic Work, Communist Party, Capital Economics Locations: Beijing, Shanghai, China

☆ Royal Mail: Britain clinches the terms of the deal to sell 500-year-old postal service to a Czech billionaire
▼ + stars: | 2024-12-16 | by ( Anna Cooban | ) edition.cnn.com time to read: +3 min

London CNN —Royal Mail, which dates back to the reign of Henry VIII in the 1500s, is set to be sold to a Czech billionaire in a deal that will keep the institution based in Britain. The sale comes after a difficult few years for Royal Mail, which was privatized in 2013. Last week, Ofcom, the UK regulator overseeing the postal service, fined Royal Mail £10.5 million ($13.3 million) for failing to meet its delivery targets. Křetínský, the majority shareholder of EP Group, oversees a sprawling empire of European energy companies, retailers and football clubs. Křetínský founded EP Group in 2016 with business partner Patrik Tkáč.

Persons: Henry VIII, Daniel Křetínský’s, ”, Ian Strawhorne, Křetínský, Patrik Tkáč Organizations: London CNN — Royal, International Distribution Services, Royal, Services, Royal Mail, Department for Business, Trade, Ofcom, Group, Bloomberg, J, Equity Investment, West Ham United Football Club Locations: Czech, Britain, United Kingdom, British, European, United States, FNAC, France, West

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