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My wife and I built a slab for our RV on my son's property to be near family when we want. I'd spent years as an executive in Southern California, and I had a retirement plan in place for quite some time. My vision for retirement did not include living in an RV or moving to Washington state. My son's house was a fixer-upper, so we helped out with all sorts of projects to help the kids make it their dream home. AdvertisementIn many ways, we're living out our retirement dreamsOur expenses are lower than they were when we had a house.
Persons: I'd, , Chris Mott, we'd, we've, I'm, I've Organizations: UFO, Design, Social Locations: Southern California, Vancouver , Washington, Washington, Washington and Oregon, Arizona , New Mexico , Texas , Utah, Nevada, Lake Havasu, Roswell, Texas, Vancouver
CNN —Iran announced Friday it was activating new advanced centrifuges – which enrich uranium for the country’s nuclear program – after the United Nations’ nuclear watchdog criticized the country for not cooperating with the agency. The IAEA and Iran have long tussled over various issues, including traces of uranium found at locations that have not been declared nuclear sites. He has acknowledged the UN agency cannot guarantee that none of Iran’s centrifuges may have been peeled away for clandestine enrichment. Under the terms of the nuclear deal struck in 2015, Iran was limited to operating around 5,000 older-model centrifuges, and the nation was allowed to use advance centrifuges for research purposes only. By 2019, Iran was launching new centrifuges in a major break from the deal.
Persons: IRNA, Rafael Mariano Grossi, Iran’s, Gideon Sa’ar, ” Sa’ar, Donald Trump, Antony Blinken Organizations: CNN, Iran, United Nations, Atomic Energy Organization, International Atomic Energy Agency, IAEA, Reuters, Israel Locations: Iran, centrifuges, Tehran
Why some U.S. companies are scaling back DEI programs
  + stars: | 2024-11-22 | by ( Delon Thornton | ) www.cnbc.com   time to read: +1 min
Donald Trump's election has left some concerned that his policies could harm diversity, equity and inclusion initiatives, especially given some of his outspoken Cabinet picks and his interest in potentially dismantling the Department of Education. Though some companies are pulling back, many still view DEI as essential. DEI became a top priority for U.S. companies after the 2020 protests following George Floyd's murder. But in the past couple of years, some of these same companies like Google, Meta , Lowe's and Ford have scaled back their DEI initiatives, citing political pressure, high costs and economic uncertainty. Watch the video above to find out more about why some companies are pulling back from DEI initiatives.
Persons: Donald Trump's, Mary, Frances Winters, George Floyd's Organizations: of Education, The, Companies, Harvard Kennedy School, Fortune, McKinsey Institute, Google, Ford
Global citizenship firms said clients are especially concerned about LGBTQ+ rights and the economy. American interest in secondary passports has been on the rise over the last year — and global citizenship firms have reported another surge since President Donald Trump's reelection. AdvertisementThe firm said it saw a 392% increase in inquiries from US nationals during election week compared to the week prior. AdvertisementHe said people are concerned about Trump's promise to raise tariffs, and how that could impact the economy and the US dollar. Leading up to the 2020 election, Jafri said there was an increase in interest from his clientele's Republican contingent.
Persons: Donald Trump's, Judi Galst, Reaz Jafri, Dasein, Jafri, isn't, he's, Galst, Rose Emmett, she's, Emmett, Elizabeth Warren, they've, Galt Organizations: Global, Henley & Partners, New, CS Global Partners, Republican Locations: New York, Europe, London, United States
New York CNN —The aftermath of the 2024 US presidential election has been a boon to Elon Musk. The richest person in the world got even richer Friday, with Musk’s net worth hitting a record $347.8 billion, Bloomberg reported. That beats his previous record set in November 2021, when the Tesla founder’s net worth exceeded $340 billion, according to the Bloomberg Billionaires Index. Musk, Tesla’s largest individual shareholder, is roughly $83 billion richer since Election Day, according to the Bloomberg Billionaires Index. As of Tuesday, Musk was more than $100 billion richer than the second richest person, Amazon founder Jeff Bezos.
Persons: Elon Musk, Trump, Donald Trump, Musk, Tesla, Vivek Ramaswamy, , Jeff Bezos, CNN’s Allison Morrow Organizations: New, New York CNN, Bloomberg, Tesla, SpaceX, Boring Company, “ Department, Government Efficiency, Wall Street Locations: New York
Trump hush money sentencing delayed indefinitely
  + stars: | 2024-11-22 | by ( Kevin Breuninger | ) www.cnbc.com   time to read: +1 min
Former US President Donald Trump attends the second day of his trial for allegedly covering up hush money payments linked to extramarital affairs, at Manhattan Criminal Court in New York City on April 16, 2024. A New York judge Friday indefinitely postponed President-elect Donald Trump's sentencing in his criminal hush money case. Trump's attorneys — including Todd Blanche, whom Trump recently tapped to be the No. 2 official at the Department of Justice — argued Tuesday that the hush money case must be thrown out "immediately." "Just as a sitting President is completely immune from any criminal process, so too is President Trump as President-elect," Blanche and lawyer Emil Bove wrote in a letter to Merchan.
Persons: Donald Trump, Donald Trump's, Judge Juan Merchan, Trump, Todd Blanche, Department of Justice —, Blanche, Emil Bove Organizations: Manhattan Criminal, Prosecutors, Manhattan, Attorney's, Department of Justice Locations: New York City, York
Your questions about Trump 2.0, answered
  + stars: | 2024-11-22 | by ( Zachary B. Wolf | Leinz Vales | ) edition.cnn.com   time to read: +19 min
CNN —When we asked CNN readers for their questions about the incoming Trump 2.0 administration, we got a lot of nervous and scared feedback. Donald Trump and Ivanka Trump walk to Marine One at the White House in Washington, DC, on January 4, 2021. This is her response:Trump has promised to protect Social Security and not raise the retirement age or make other cuts. For more, read Luhby’s story on how a second Trump term could affect Social Security benefits. For his second term, Trump has promised to find military officials more loyal to him and that he’ll fight an “enemy from within” of political opponents.
Persons: Donald Trump’s, I’m, , Catherine Shoichet, Shoichet, Trump, , Lisa Graybill, Tom Homan, He’s, Kelli Stump, she’s, , Ashley, Joe Biden, Eric Gay, Stephen Miller, Trump’s, Alan, Jim Sciutto, Roman Plipey, Afghanistan –, Vladimir, Putin, Marco, Rubio, Mike, Waltz –, Tulsi, Gabbard, Will, Greg, ” Trump, Donald Trump, Ivanka Trump, Joshua Roberts, hasn’t, Tami Luhby, James, There’s, Portugal's, Armando Franca, Lawrence, Katie Lobosco, that’s, there’s, , Biden’s, Will Trump, Biden, Emily, … Gustavo, doesn’t Biden, Steve Here’s, Ella Nilsen, Jim Watson, it’s, Will Trump’s, Keith Trump’s, Nixon, Adam, ” Sen, Adam Schiff of, ” Schiff, Matt Gaetz Organizations: CNN, Trump, Security, National Immigration Law Center, American Immigration Lawyers, Ashley Presidents, US Customs, National Guard, US, Ukraine, Getty, NATO, White, Reuters, Social, Social Security, Bee, FBI, New Jersey Trump, Republicans, Congress, Pentagon, Trump White House, NPR Locations: Rio, Mexico, Eagle Pass , Texas, Ukraine, Powers, Russia, China, Europe, Kyiv, Roman, AFP, Afghanistan, Maine, Washington ,, Barbara, Louisiana, Italy, Lisbon, Illinois, New Jersey, Florida, North Carolina, Colorado, Red Butte, Tusayan , Arizona, Adam Schiff of California
CNN —A decision by the International Criminal Court to issue arrest warrants for Israeli officials was met with anger and annoyance at Jerusalem’s bustling Mahane Yehuda Market. Gil Siegal, a legal scholar at the Ono Academic College in Israel, said The Hague-based court’s decision has united Israelis. Most Israelis still support the war in Gaza, he said, seeing it as a just fight and the only means to keep their country safe. The ICC “is saying that Gallant and Netanyahu are equal to Mohammed Deif… this is something that Israelis truly cannot comprehend, truly, truly cannot comprehend,” Siegal said. “Israel’s war machine does not only destroy Gaza but also hurts Israelis – in body and in spirit,” he told CNN.
Persons: ” Sarita Katzin Sarfati, Benjamin Netanyahu, Yoav Gallant, “ Netanyahu, Bibi, ” Sarita, Netanyahu, Netanel Yehuda, , , Gil Siegal, Netanyahu –, Gallant, Mohammed Al, Masri, Mohammed Deif, Israel, ” Siegal, Yael Vias Gvirsman, Deif, Dreyfus, Alfred Dreyfus, Yair Lapid, Shurat HaDin, Behar Organizations: CNN, International, Court, Putin, Ono Academic College, ICC, Hamas, Israel Defense Forces, West Bank Locations: Mahane, Gaza, Israel, Hague, Tel Aviv, The Hague, Israeli
Here's our Club Mailbag email investingclubmailbag@cnbc.com — so you send your questions directly to Jim Cramer and his team of analysts. This week's question: On Sept. 16, 2015, I bought 125 shares of Nvidia as a speculation stock. As longtime followers of Jim Cramer know, our belief at the Club is that discipline trumps conviction. Do we see further upside for Nvidia shares? As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.
Persons: Jim Cramer, NVDA, Jim, Jensen, Lee, , you've, Jensen Huang, Donald Trump, They've, Jim Cramer's Organizations: Nvidia, NVDA, Investors, U.S, CNBC Locations: Florida, China, Taiwan
Their main demand then was a federal law, known as the Central Protection Act (CPA), to protect doctors and medical staff at their workplace. Several doctors work in the capital New Delhi, but they say things are much worse at remote health care centers. The survey had 1,566 responses from doctors, nurses and other medical staff across the country. Protests by medical staff in Kolkata earlier this year lasted for weeks following the rape and murder of a trainee doctor. The Supreme Court of India opened a case on the Kolkata trainee doctor’s rape and murder and formed a national task force to recommend measures to improve security at hospitals.
Persons: Balaji Jaganathan, , Abdul Hasan, , barged, Samir Jana, medic’s, Kar, Anwesha Banerjee, Hasan, , Banerjee Organizations: New, New Delhi CNN, Indian Medical Association, CNN, Central Protection Act, Hindustan Times, Health Ministry, Indian Ministry of Health, West, World Health Locations: New Delhi, India, Chennai, Tamil Nadu, Kolkata, Delhi, West Bengal
Rutkay is a full-time makeup artist who sometimes works up to 16-hour days on movie and television sets. Her side hustle, Citymouse, sells cross-body diaper bags with changeable straps. I think creating a business that fills a need is the best possible way to grow and sustain a brand — a lot of people can do that. When I started Citymouse, I took a six-week course with a spiritual life coach and realized I felt very badly about my previously failed [side hustles]. I didn't spend money on advertising because I thought if I made a listing with strong SEO, people would magically find it.
Persons: they've, Alexandra Rutkay, Saint Laurent crossbody, Rutkay, David, Citymouse, weren't, She's, she's, I've Organizations: CNBC, Amazon Locations: cnbc.com, New York
CNN —President-elect Donald Trump named billionaire Scott Bessent as his pick to serve as the next secretary of the Department of the Treasury. A key Cabinet player, the US Treasury secretary advises the president on economic and fiscal matters, including spending and taxes. Bessent would be the first out gay Treasury secretary, as well as the first LGBTQ Senate-confirmed Cabinet member in a Republican administration, according to The Associated Press. Compared to Lutnick’s more aggressive campaign for the role, Bessent led a more understated quest for the position. All of the names Trump put out Friday night had been decided by the afternoon, the sources said, but he wanted to name his Treasury secretary first before publicly releasing his other decisions.
Persons: Donald Trump, Scott Bessent, “ Scott, ” Trump, Scott, ” Bessent, Trump, George Soros, Bessent’s, Bessent, Pete Buttigieg, , Howard Lutnick –, Lutnick, Cantor Fitzgerald, fides, MAGA, Elon, Steven Mnuchin, Mnuchin, Kayla Tausche, Matt Egan Organizations: CNN, Department of, Treasury, of Innovation, Capital, U.S, Reserve, Square Capital Management, Soros Fund Management, Democratic, Senate, Republican, Associated Press, Biden, Wall Street, Trump, , Financial Times, CNBC, Soros, United, Republicans, Treasury Department Locations: United States, United States of America, China
AdvertisementGreg Mansell says some employers are scrutinizing accommodation requests amid rising RTO mandates. As an employment lawyer of 15 years, here are my tips for employees to overcome four hurdles in the accommodation request process. Don't wait for your specialistAfter an accommodation is requested, employers may ask the employee's medical provider to fill out an accommodation request detailing the underlying impairment, the restrictions it imposes, and the requested accommodation. It may be useful for the disabled employee to prepare their own accommodation request and present it for their doctor's review. Document everythingIf you consult a lawyer, it's helpful to have as much documentation of the accommodation request process as possible.
Persons: Greg Mansell, Mansell, It's, Jill Kramer, Tess Martinelli Organizations: Accenture Locations: New York City, tmartinelli
CNN —President-elect Donald Trump is expected to offer Kelly Loeffler the job of secretary of the Department of Agriculture, two people familiar with the matter told CNN. He is set to meet with her at Mar-a-Lago Friday afternoon, but as is always the case, nothing is final until Trump announces it. The agriculture job will likely be a significant one — especially as Trump’s pick to run the Department of Health and Human Services, Robert F. Kennedy Jr., has promised to assert his influence over the agriculture industry. Loeffler, appointed to the Senate by Georgia Gov. Brian Kemp over the wishes of Trump, lost her seat in a 2021 runoff to Democratic now-Sen. Raphael Warnock.
Persons: Donald Trump, Kelly Loeffler, Loeffler, Michael Whatley, Sen, Marco Rubio, Elise Stefanik —, Robert F, Kennedy Jr, Brian Kemp, Trump, Raphael Warnock, Joe Biden’s, , CNN’s Zachary Cohen Organizations: CNN, Department of Agriculture, Mar, Trump, Senate, Republican National, of Health, Human Services, Georgia Gov, Democratic, Capitol Locations: Georgia, Washington, Trump’s
CNN —WNBA star Caitlin Clark has joined an ownership group that is bidding to bring a National Women’s Soccer League (NWSL) team to Cincinnati. Cincinnati is one of a number of cities looking to become the 16th NWSL franchise, facing competition from Cleveland, Denver, Nashville and Philadelphia. “The NWSL Cincinnati bid team is thrilled that Caitlin Clark has joined our ownership group in pursuit of bringing a women’s professional soccer team to our city,” the bid team told CNN Sport in statement. Clark has become one of the most recognizable faces in US sport since her record-breaking college career at Iowa. In her debut WNBA season, Clark became the first rookie in 16 years to be named to the All-WNBA first team.
Persons: Caitlin Clark, , Clark Organizations: CNN, WNBA, Women’s Soccer League, Cincinnati, CNN Sport, BOS Nation FC, Nation, Bay FC, Iowa, Indiana Fever, Connecticut Sun Locations: Cincinnati . Cincinnati, Cleveland, Denver, Nashville, Philadelphia, Cincinnati, Greater Cincinnati, Boston, Connecticut
CNN —Human error led to the death of a young gorilla in Alberta, Canada, according to officials at the Calgary Zoo. The gorilla died of traumatic head injuries, according to the statement. “This tragedy has struck us all in the deepest way imaginable,” Colleen Baird, Calgary Zoo’s director of animal care, said at a news conference. “We love and care for more than 4,000 animals representing over 100 species that call our zoo home,” a spokesperson for the Calgary Zoo said in a statement to CNN. The Calgary Zoo, which launched the conservation organization the Wilder Institute in 2021, cares for over 4,000 animals, including 6 other western lowland gorillas.
Persons: ” Colleen Baird, , Baird, It’s, , Camille Labchuk, Eyare ’, ” Baird Organizations: CNN, Calgary Zoo, Animal, Association of Zoos, Aquariums, Commission, Wilder Institute Locations: Alberta, Canada, Calgary, , Canadian, American
I'm not interested in Mars," Gwynne Shotwell, the SpaceX president and COO told Baron Capital founder Ron Baron at his firm's annual investment conference last week. "I don't like camping, and I think it will be a long time before Mars is nice enough — probably not in my lifetime." Nevertheless, like her boss, Shotwell's visions for SpaceX remain stratospheric: accessible space travel for all, global proliferation for satellite internet, and yes, eventually, interplanetary travel and living. SpaceX, unlike Tesla, is not traded as a public stock, and is therefore not required to post financial results. But Baron assured his investors — who can own SpaceX exposure through some of the firm's mutual funds — it has been a profitable play.
Persons: Gwynne Shotwell, Elon Musk, Elon, I'm, Ron Baron, Baron, , Shotwell Organizations: Space Exploration Technologies Corp, SpaceX, NASA, Program, CCP, Mars, Baron Capital Locations: Hawthorne , California, U.S,
While Wall Street is confident that there will be a continued boom under Trump, UBS GWM is less sure. "AI infrastructure spending remains robust, and we expect key semiconductor components needed for AI to remain supply constrained in 2025, supporting pricing," UBS GWM strategists wrote. "We believe investment-grade bonds offer attractive yields and expect mid-single-digit returns in US dollar terms," UBS GWM strategists wrote. "In 2025, we believe gold will remain an effective hedge against key political concerns, including government debt levels, inflation, or geopolitical tensions," UBS GWM strategists wrote. Residential and commercial properties both make sense, though UBS GWM specifically cited property types like logistics, data centers, and multifamily housing.
Persons: Donald Trump, Mark Haefele, UBS GWM, Haefele Organizations: UBS Global Wealth Management, UBS GWM, Trump, UBS, Technology, Utilities Locations: Japan
On the night he won a second term, President-elect Donald J. Trump rejoiced in the moment. “America has given us an unprecedented and powerful mandate,” he boasted. In the two weeks since, his campaign has repeatedly heralded his “landslide,” even to market Trump merchandise like the “Official Trump Victory Glass.”But by traditional numeric measures, Mr. Trump’s victory was neither unprecedented nor a landslide. In fact, he prevailed with one of the smallest margins of victory in the popular vote since the 19th century and generated little of the coattails of a true landslide. The collapse of Matt Gaetz’s prospective nomination for attorney general on Thursday demonstrated the challenges for Mr. Trump in forcing a Republican Congress to defer to his more provocative ideas.
Persons: Donald J, Trump, Trump’s, Matt Gaetz’s, Gaetz Organizations: Trump, Republican Locations: Florida
Swedish battery maker Northvolt filed for Chapter 11 bankruptcy protection in the U.S., delivering a hard blow to Europe's electrification ambitions. A partner of major European automakers, Northvolt produces lithium-ion batteries for the blooming electric vehicle industry, which has recently been rocked by intensifying competition. "This decisive step will allow Northvolt to continue its mission to establish a homegrown, European industrial base for battery production," said Tom Johnstone, interim chairman of Northvolt's board. "Despite near-term challenges, this action to strengthen our capital structure will allow us to capture the continued market demand for vehicle electrification," he added. The Stockholm-based business has long been regarded as Europe's best hope of building a homegrown EV battery champion.
Persons: Northvolt, Tom Johnstone Organizations: EV Locations: Skelleftea, Sweden, Swedish, U.S, Stockholm
CNN —Venezuelan authorities are investigating opposition leader Maria Corina Machado for alleged treason after she expressed support for a US bipartisan bill that seeks to block Washington from doing business with any entity that has commercial ties with the government of Venezuela’s President Nicolas Maduro. The US bill – introduced by Florida Reps. Mike Waltz (R) and Debbie Wasserman Schultz (D) – was passed on Monday by the House of Representatives. During a televised event on Wednesday, Maduro criticized the bill and said that the opposition’s actions against him will not be successful. Even after Venezuela’s electoral and judicial authorities announced Maduro’s victory, they have not shown detailed results and electoral records to support it, prompting anger and concern across the country and abroad. Several countries, including the US, have formally recognized Gonzalez as the country’s president-elect following the disputed election.
Persons: Maria Corina Machado, Nicolas Maduro, ” Machado, Machado, , Mike Waltz, Debbie Wasserman Schultz, Waltz, Donald Trump, Machado “, Maduro, , “ I’m, ” Walz, who’s, Edmundo Gonzalez, Gonzalez Organizations: CNN, Venezuelan, General’s, Florida Locations: Washington, Venezuelan, Venezuela’s, BOLIVAR, Venezuela
AdvertisementSix tourists who died in Laos are believed to have consumed tainted drinks. Several tourists who died in Vang Vieng, Laos are believed to have drunk tainted alcohol. The Australian Broadcasting Corporation wrote that local authorities in Laos were investigating the case and trying to ascertain where the tainted alcohol came from. It is unclear how the other four tourists could have come into contact with tainted alcohol. November 22, 2.30 a.m. — This story was updated to include comments from the Australian Department of Foreign Affairs and Trade.
Persons: Brit, Holly Bowles, Anthony Albanese, Bowles, Bianca Jones, Simone White, Toan, Nana backpacker, Médecins, Vang Vieng Organizations: Brit, US State Department, Australian, Denmark's Ministry of Foreign Affairs, CNN, Australian Broadcasting Corporation, Associated Press, BBC, US Centers for Disease Control, British Foreign Office, Danish Ministry of Foreign Affairs, Business, Australian Department of Foreign Affairs, Trade Locations: Laos, Danes, Vang Vieng, Thailand, British, London, Asia, Indonesia, Singapore
The Spartanburg, South Carolina, company is recalling more than 72,000 pounds of meat and poultry products because of possible listeria contamination. All ready-to-eat products produced before October 28 are included, the US Department of Agriculture’s Food Safety and Inspection Service says. Anyone who has these recalled products should not eat them. Listeria bacteria causes listeriosis, the third leading cause of death from foodborne illness in the United States. If you develop these symptoms and may have eaten recalled products, get medical care right away.
Persons: Shang, monocytogenes, , “ Listeria, Dr, Sanjay Gupta Organizations: CNN, Shang Food Inc, US Centers for Disease Control, US Department of Agriculture’s, Service, Food Safety, Inspection Service, CDC, , CNN Health Locations: Spartanburg, South Carolina, California, Illinois, New York, New Jersey, United States
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
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
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