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AdvertisementGOP Sen. Joni Ernst of Iowa is set to lead the new DOGE caucus in the US Senate. It remains unclear how the new Department of Government Efficiency and Senate caucus will function. Republican Joni Ernst, a senator from Iowa, is set to lead the Department of Government Efficiency (DOGE) caucus in the US Senate. Ernst said on Fox News on Sunday that her goal is to make the federal establishment "squeal" through massive spending cuts. Federal budget experts have expressed doubt that DOGE, which will be co-led by Elon Musk and Ramaswamy, will have the authority to make such drastic cuts.
Persons: Sen, Joni Ernst of, Joni Ernst, Ernst, , Vivek Ramaswamy, Elon Musk, Ramaswamy, Donald Trump's, Trump, John Cornyn of, Ted Budd of, Mike Lee of, Rick Scott of Florida, Roger Marshall of Kansas, Eric Schmitt of Missouri, James Lankford Organizations: Joni Ernst of Iowa, Fox News, Department of Government, Department of Government Efficiency, United States Senate, Los Angeles Times, Center, Budget, Social Security, Trump administration's Department, Government, Business Locations: Iowa, California, John Cornyn of Texas, Ted Budd of North Carolina, Mike Lee of Utah, James Lankford of Oklahoma
Keke Palmer knew early on that she was the main breadwinner in her family. When she landed her own show, Nickelodeon's "True Jackson, VP" in 2008, Palmer realized she was out-earning her mom and dad. "My parents, at their best, made $40,000 a year," Palmer said during an appearance on Shannon Sharpe's "Club Shay Shay" this week. Even when her parents gave her sister a monthly allowance from the money she was making, Palmer explained that she was happy to share. My mom gave up everything so she could travel with me."
Persons: Keke Palmer, Jackson, Palmer, Shannon Sharpe's, Shay Shay Organizations: CNBC Locations: showbusiness
North Korea is providing crucial support to Russia in Ukraine, and is getting favors in return. China is increasingly concerned about the alliance between Kim Jong Un's North Korea and Vladimir Putin's Russia, according to Kurt Campbell, the US deputy secretary of state. AdvertisementMeanwhile, Russia is providing North Korea with economic and diplomatic support. "But the Chinese are waiting for an opportunity where North Korea, Russia, and China can come stronger together, and I think North Korea sending the troops to Russia is a testimony to that." The growing alliance between North Korea and Russia, he said, is a step toward that.
Persons: Kurt Campbell, Kim Jong, Vladimir Putin's, Putin, Campbell, Donald Trump, Ali Wyne, Jagannath Panda Organizations: Center for Strategic, International Studies, Guardian, Russia, Crisis, North, Stockholm Center, South, Pacific Affairs Locations: China, East Asia, North Korea, Russia, Ukraine, Vladimir Putin's Russia, Kursk, DPRK, Pyongyang, Moscow, Beijing, North, South Korea, Korea
Shai Weiss, chief executive officer of Virgin Atlantic Airways Ltd., on day two of the Farnborough International Airshow in Farnborough, UK, on Tuesday, July 23, 2024. LONDON – Virgin Atlantic CEO Shai Weiss on Monday said the U.K. Labour government's landmark October budget presented a "tax on growth" due to higher rates placed on the aviation industry. "I would call [the Budget] a tax on growth," Weiss said Monday, adding that while it was necessary to cover Britain's budget deficit, it was also important to recognize the contribution of aviation to the wider U.K. economy. For journeys between 2,001 and 5,500 miles, APD will rise to £102 from £90 in economy and to £244 from £216 in other classes. CNBC has contacted the U.K. Treasury for comment.
Persons: Shai Weiss, Monday, Weiss, Louise Haigh, Rachel Reeves, Rain Newton, Smith, Bill Organizations: Virgin Atlantic Airways Ltd, LONDON, Virgin Atlantic, Labour government's, Labour, Conservative, Air Passenger, Treasury, Aviation, . Transport, Finance, of British Industry, National Insurance, CNBC Locations: Farnborough, London
AdvertisementMatt Gaetz withdrew from his attorney general bid on Thursday. But he's since hinted on X at a possible 2026 Florida governor run. Former Rep. Matt Gaetz's bid for attorney general may have been short-lived, but he appears to have his sights set on another big career move. In a Saturday tweet, Florida State Rep. Anthony Sabatini posted on X his prediction that Gaetz would be the next governor of Florida. After Gaetz withdrew, Trump wrote on Truth Social that he appreciated Gaetz's "efforts."
Persons: Matt Gaetz, Ron DeSantis, Matt Gaetz's, Anthony Sabatini, Gaetz, Sabatini, Donald Trump, Vance, Trump, Matt, DeSantis, Jeb Bush, I'm, Charlie Kirk, Ginger, George Santos Organizations: Gov, Florida State, DOJ, Gaetz, CNN, Trump, Administration, Elon, Trump ., 119th, Business Locations: Florida, Florida's
AdvertisementThe last meatpackers in NYC's Meatpacking District are getting ready to close shop. The era of New York City's Meatpacking District as a neighborhood where people actually pack meat is coming to an end. A section of the Meatpacking District in 1929. AdvertisementShoppers wait in line for a sample sale in the Meatpacking District in 2024. "It wasn't always a meatpacking district," Andrew Berman, the executive director at historic preservation group Village Preservation, told the AP.
Persons: NYC's, Eric Adams, there's, hasn't, State Sen, Brad Hoylman, didn't, John Jobbagy, Jobbagy, Julia Demaree Nikhinson Jobbagy, he's, Samantha Jones, It's, amNY, Andrew Berman, it's, Berman Organizations: New York City, Associated Press, . New York City Municipal Archives, AP, State, Village, Community, Gucci, Rolex, New York City Municipal Archives, Preservation Locations: NYC's Meatpacking, Greenwich Village, York, New York, Manhattan, Meatpacking, . New York City, Meatpacking District, City of New York, Budapest, New York City
AdvertisementA Crock-Pot or any slow cooker can be an indispensable tool for Thanksgiving. To make your turkey in a slow cooker, separate the breast from the dark meat so it fits. Devising a cooking schedule for your Thanksgiving feast can feel overwhelming, but you can take off the pressure by plugging in your slow cooker. Business Insider spoke with cookbook authors and chefs about how to make your entire meal in a Crock-Pot or slow cooker, from classic Thanksgiving dishes like turkey and stuffing to regional favorites like green-bean casserole and mac and cheese. Here's how to cook your entire holiday meal in a slow cooker.
Locations: Turkey
Post Market Wrap: November 25, 2024
  + stars: | 2024-11-25 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNews Update – Market CloseCNBC brings you fast, accurate, and actionable business news and market updates.
Organizations: CNBC
On his "Money for Couples" podcast, self-made millionaire and money expert Ramit Sethi often meets couples with varying levels of income and net worth who feel badly about money. Many of the couples think they just need more money to feel better, but that's often not the case, Sethi tells them. For many people, how you feel about money is uncorrelated to the amount in your bank account. The couple earns a combined $365,000 a year and have a $1.5 million net worth, yet they constantly disagree about financial decisions and can't stop worrying about money. Nathan and Linda know their numbers, maybe even too well.
Persons: Ramit Sethi, that's, Sethi, Nathan, Linda, he's, it's Locations: Linda
Many families have been effectively cutting a second rent check to send their kids to day care, according to new data from the Department of Labor. On average, families spent anywhere from $6,552 to as much as $15,600 on full-day care per child in 2022, the latest year with available data. While incomes also range widely throughout the country, households typically funnel between about 9% and 16% of their annual income on day care per child. But while child care costs help explain Americans’ economic dissatisfaction, an NBC News analysis of the Labor Department and election result data also hints at the limits of the issue politically. The most forbidding child care markets in 2022 voted two years later for Trump by higher margins than the nation overall, but so did many of the areas where child care was more affordable.
Persons: It’s, Gretchen Livingston, , Donald Trump Organizations: Department of Labor, U.S . Department of Labor, Bureau, Labor Department’s Women’s, NBC, Labor Department, NBC News, Trump Locations: U.S
You may not know it by looking at sticker prices in grocery aisles, but Thanksgiving dinner is more affordable than it has been in years. “If your dollar had the same overall purchasing power as a consumer in 1984 … this would be the least expensive Thanksgiving meal in the 39-year history of the AFBF Thanksgiving survey, other than the outlier of 2020,” the authors wrote. Target is offering a $20 Thanksgiving meal for four, including a small turkey, canned vegetables and stovetop stuffing mix. Walmart is promoting an “inflation-free Thanksgiving” meal of 29 items that can serve eight people for $56. “Don’t be afraid to check out multiple retailers.”Some Thanksgiving meal packages offer more ingredients, but that could mean preparing more dishes from scratch.
Persons: TJ Maxx, , Robin Wenzel, “ Don’t, ” Wenzel Organizations: American Farm Bureau Federation, , Walmart, TJ, Target, Aldi, Food Institute, Wells Fargo’s, Consumer Locations: U.S, ” Turkey, Wells, West
WASHINGTON — When Matt Gaetz abruptly withdrew as President-elect Donald Trump’s candidate for attorney general on Thursday, many career attorneys in the Justice Department breathed a sigh of relief. 2 position at the department — Todd Blanche, the president-elect’s defense lawyer — can help protect the department’s career civil servants from Trump’s wrath. Greg Nash / Pool via Getty ImagesHow Trump’s first deputy attorney general faredWhen Trump first took office in 2017, he didn’t know his deputy attorney general well, and their relationship immediately became vital and volatile. But that immunity does not extend to the attorney general, deputy attorney general or other DOJ prosecutors. “If I were he, I would have stayed as far away from the Justice Department as I could.
Persons: WASHINGTON, Matt Gaetz, Donald Trump’s, Trump, Pam Bondi, , Donald Trump, Todd Blanche, , Blanche, , Gaetz, ” Donald Trump, Emil Bove, Mark Peterson, Trump Blanche, Daniels, Attorney Alvin Bragg, Taft, Karoline Leavitt, Vance, Blanche won’t, Blanche —, he’s, ” Mimi Rocah, she’d, ” Rocah, Michael Bromwich, we’ve, ” Bromwich, Rod Rosenstein, Greg Nash, Trump’s, didn’t, Robert Mueller, James Comey, Jeff Sessions, Sessions, Rosenstein, Mueller, ” Rosenstein, ” “, ’ ” Rosenstein, ” Blanche Organizations: Justice Department, , Department, of, Trump, Manhattan Criminal, Manhattan, Attorney, NBC News, White House, DOJ, Justice, MSNBC, Department of Justice, Russia, White, Locations: Florida, Southern, York, New York City, Cadwalader, Wickersham, Washington, Westchester County , New York, New York, , U.S, Moscow, Bromwich
Despite receiving complaints of exploitation from students, Bondi and then-California Attorney General Kamala Harris both declined to join the investigation. Harris attacked Trump in the 2020 and 2024 elections and painted him as a business fraud and threat to democracy. Now, if confirmed by the Senate, Bondi is set to become President-elect Trump’s attorney general. Some Florida attorneys have defended Bondi and said she followed norms as state attorney general. And, if she declines to prosecute prosecutors for political reasons, will be forced out by Trump like her predecessors.
Persons: Pam Bondi’s, Kamala Harris, Donald Trump, Harris, Trump, Bondi, Matt Gaetz, Jack Smith’s, Smith, Trump’s, William Barr, Barr, Jeffrey Clark, We’ve, Ballard, Dave Aronberg, Aronberg Organizations: Trump University, Trump, Senate, FBI, Department of Justice, Fox News, Justice Department, DOJ, Department, Washington, U.S, Capitol, Ballard Partners, Palm, Democrat Locations: Florida, California, Bondi, Georgia, Philadelphia, Palm Beach County , Florida
In 2022, she bought a three-bedroom home in Williamsburg, Brooklyn, for $3.25 million, entirely on her own. AdvertisementOne of the bedrooms in Chestler's Williamsburg condo. Courtesy of Jessica ChestlerWhen you're buying a home with someone else, there's obviously a lot more to consider, especially if you're not married. AdvertisementThere's always that uncertainty: What if the person you're buying with doesn't like it or wants a different lifestyle? There's a certain trepidation — whether you're a woman or a man — when you're single and unsure about your future, which can make people hesitant to buy a home.
Persons: Jessica Chestler, Chestler, Douglas Elliman, I've, It's, Ben Jacobs Organizations: National Association of Realtors, Michelin, bodega Locations: Williamsburg , Brooklyn, New York, Florida, Jessica Chestler New York, Williamsburg, Brooklyn, Manhattan, London
Charlotte Tilbury makeup and skincare have cult followings — the makeup for its flattering and classic shades and the skincare for its glow properties that work. The best Black Friday Charlotte Tilbury dealsCharlotte Tilbury 3 Step to Beautiful Lips Kit $51.00 $85.00 Save 40% Achieve the perfect lip combo with this three-piece gift set from Charlotte Tilbury. View at Charlotte TilburyCharlotte Tilbury Black Friday Sale FAQsWhen does the sale start and end? Black Friday falls on November 29 this year, but the Charlotte Tilbury sale is already happening now. Charlotte Tilbury products don't often go on sale, so Black Friday is the ultimate time to stock up and save.
Persons: Charlotte Tilbury, Tilbury, We've, Charlotte, It's Organizations: Business, Black Locations: Charlotte Tilbury, Charlotte
Insider Today: White-collar recession
  + stars: | 2024-11-24 | by ( Matt Turner | ) www.businessinsider.com   time to read: +4 min
AdvertisementThis post originally appeared in the Insider Today newsletter. TikTok videos espoused the benefits of #publicsector jobs, and Google searches for "how to get a government job" hit a five-year high. Several careers consultants told Business Insider they were already experiencing a rush of demand from workers ready to shift to the private sector. But ask any white-collar professional, and they'll tell you a horror story that would prove otherwise. Hiring has held up well for low-earning workers, but those making six figures or more are in the midst of a white-collar recession.
Persons: Chelsea Jia Feng, Elon Musk, Musk, Vivek Ramaswamy, Laura Labovich, Peacock, BI's Peter Kafka, iStock, Rebecca Zisser, Jenny Chang, Rodriguez, Amazon, Natalie Ammari, Teiffyon Parry Organizations: Business, Porsche, Department, Government Efficiency, Comcast, Getty, BI Comcast, CNBC, MSNBC, NBC, Bravo, LinkedIn, Alexa, Uber, Ticketmaster, Google Locations: USA
Christian Louboutin opened a small hotel in Melides, Portugal, and plans to open another. Advertisement"People are touched by authenticity and we need to keep it that way," Louboutin told Bloomberg. AdvertisementJust a 15-minute drive from Melides lies Costa Terra, a 722-acre luxury resort community and gold club built by US real estate developer Discovery Land Company. Related storiesRepresentatives for Costa Terra did not immediately respond to requests for comment. "Tourists come here for the beauty of this place," Louboutin told Bloomberg.
Persons: lister, Prince Harry, Meghan Markle, Louboutin, Christian Louboutin, Victor Boyko, It's, Mike Meldman, George Clooney, Harry, Eric Charbonneau, Paris Hilton, Sharon Stone, Costa Terra, Amancio Ortega's, Vitor Paiva, Engel, Völkers, Paiva Organizations: Bloomberg, Dior, Discovery Land Company, Casa Amigos, The Telegraph, Archewell, Getty, Costa Terra, Vanguard Properties Locations: Portugal, overtourism, Melides, Tropez, Alentejo, St, Costa, Montecito , California, Colombia, Comporta, Portuguese
All across France, there's a glut of châteaus for sale. Plans require approval by the French minister of culture, and work must be done by designated specialists. "I decided not buying a château in France was going to be more detrimental to my health than buying one." For many French sellers, what strikes Americans as romantic has come to feel like a curse. "I live in a château," Engel reminds himself when he's feeling overwhelmed.
Persons: Mark Goff, Phillip Engel, Goff, Château Avensac, Astrid Landon, they've, Engel, Adrian Leeds, who's, Gonzague Le, Le Nail, it's, Michel Tarrible, Engel's, Abigail Carter, Carter, , — Carter, Château de, Williams, d'Aubigny, château, he's, It's, Henrys d'Aubigny, l'Espinay, Borie, They've Organizations: YouTube, World Trade Center Locations: France, California, Gers, France —, Versailles, American, Paris, Avensac, Sonoma County, San Francisco, Canada, London , Massachusetts, New Jersey, Seattle, Agen, Brittany, Ohio, Château
Adani CFO says U.S. charges linked to only one business contract
  + stars: | 2024-11-24 | by ( ) www.cnbc.com   time to read: +2 min
Chairperson of Indian conglomerate Adani Group, Gautam Adani, speaking at the World Congress of Accountants in Mumbai on November 19, 2022. A U.S. bribery indictment of Indian billionaire Gautam Adani is linked to one contract of Adani Green Energy that makes up some 10% of its business, and no other firms in the conglomerate are accused of wrongdoing, the group's CFO said on Saturday. The allegations in the U.S. indictment relates to "one contract of Adani Green, which is roughly 10% of overall business of Adani Green", Singh said on X. Adani, which has several other global projects, is also charged with misleading U.S. investors about Adani Green's compliance with antibribery principles and laws. The charges also put the spotlight on Sagar Adani, a director at Adani Green and millennial scion of the company who kept track of hundreds of millions of dollars of alleged bribes to Indian officials on his mobile phone.
Persons: Gautam Adani, Adani, Jugeshinder Singh, Singh, Hindenburg, Sagar Organizations: Adani, World, Accountants, Energy, U.S, Indian Energy Locations: Mumbai, U.S, Adani, Kenya, United States
AI is also ushering in an era of nuclear power, however, which is cleaner. Tech companies are investing in nuclear power plants to fuel AI data centers. Some industry leaders believe that nuclear energy might be the only reliable way to meet the demands of the AI revolution. "AI requires massive, industrial-scale amounts of energy," Franklin Servan-Schreiber, the CEO of nuclear energy startup Transmutex, previously told Business Insider. According to the Financial Times, last week, at the UN COP29 climate summit in Baku, Azerbaijan, Big Tech companies flew under the radar more than usual.
Persons: Fabrice, Franklin Servan, Schreiber, Edwin Lyman, Toby Rice, EQT, Rice, Kevin Thompson, Jensen Huang Organizations: Tech, US Energy Information Administration, Companies, Google, Union of, Scientists, Wall Street, Financial Times, UN, Big Tech, McKinsey, Nvidia, Hong Kong University of Science, Technology Locations: United States, Washington ,, Baku, Azerbaijan
That kind of energy, they thought, was missing from the pasta sauce aisle. "We probably took $150,000 — everything we made from that business, honestly, bottom line — and put it into Sauz," Bonde says. The pasta sauce aisle was crammed with basil marinaras, vodkas and creamy alfredos. Maybe shoppers would enjoy the flavor in their pasta sauce. "If I went and surveyed 1,000 pasta sauce shoppers, I don't think any of them would have said hot honey marinara.
Persons: Troy Bonde, Winston Alfieri, Sauz, they'd, Gen, , Bonde, Alfieri, Covid, I'd, Ally Kroeckel, They'd Organizations: USC, CNBC, NextPace Ventures, Foods, Ford, Mazda Locations: China, WhatsApp, Angeles, California
Below, we'll show you how to watch Paramount Network so you never have to worry about missing a new episode of Yellowstone. The Paramount Network got its new name following a rebrand in 2018, but you might have known previous versions as Spike TV, the National Network, and the Nashville Network. PhiloPhilo is the absolute cheapest way to watch the Paramount Network live. A base plan combined with the extra will give you anywhere from 45-50+ live channels, including Paramount Network. Check price at DirecTVFuboLike DirecTV Stream, Fubo is a slightly more expensive live TV streaming service with tons of channels.
Persons: Kevin Costner, Yellowstone, Philo Philo, It's, Philo Organizations: Business, Paramount Network, Paramount, National Network, Nashville Network, CBS, Paramount Pictures, AMC, STARZ, Sling, Paramount Network ., DirecTV, DirecTV Stream, Warner Bros Locations: Yellowstone, Western
Why it might be easier to change jobs next year
  + stars: | 2024-11-24 | by ( Tim Paradis | ) www.businessinsider.com   time to read: +6 min
Come 2025, you might find it's a tad easier to change jobs. If the job market doesn't strengthen as hoped, Zhao said some workers' frustrations over their 9-to-5 could rise. AdvertisementYet "if the job market heats up, then we'll likely see a wave of turnover as workers vote with their feet," Zhao said. Verizon has some 105,000 employees and typically fills about 20,000 jobs a year through a mix of internal and external candidates. "I don't think that it's going to be any easier to get the best of the best to work here," Schelling said.
Persons: Lisa Simon, Simon, Sean Barry, Barry, Daniel Zhao, Zhao, Michelle Volberg, she's, Volberg, Christina Schelling, Schelling, Tanya Moore, West, Moore Organizations: Labor, Revelio Labs, Allstate, Workers, Verizon, West Monroe Locations: West Monroe
I lost my church years ago, defrocked by the desire to teach through "Mad Money" and the Investing Club. The Investing Club owns them all except Tesla. 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: Mark Haines, Disney, Joe Kernen, David Faber, Andrew Ross Sorkin, Becky Quick, Larry Kudlow, Cramer, Haines, Rowan, Transocean, Jim Bob, Kudlow, Lazarus, Tesla, Russell, Jim Cramer's, Jim Cramer, Jim, Rob Kim Organizations: TikTok, Financial News Network, CNBC, Wall, Journal, GMA, Fox Business, Federal, Investing, Microsoft, Nvidia, Investing Club, Jim Cramer's Charitable Locations: TheStreet.com, gander
Now, my husband and I spend as much time as we can in France. I woke up in a panic a few years ago when I realized that at 53, I'd spent most of my adult life living in one place. I met my husband two months after my mom died, so staying in DC had a big silver lining. AdvertisementDuring lockdown, I'd spend hours walking around our neighborhood listening to Rick Steves talk about his adventure across the globe, and I swore that once we could travel again, we would make it a priority. I know I'm incredibly fortunate and privileged to be able to have this adventure and to finally explore more of the world.
Persons: I'd, it'd, Rick Steves, we've, expats Organizations: DC, Facebook Locations: France, Chicago, New York, California, Bordeaux, Toulouse, Paris, Loire, Brittany
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