DIRS.INFO The most relevant business & tech news

President-elect Donald J. Trump has so far told advisers that he is standing behind Mr. Hegseth as his pick for defense secretary. The woman’s allegation, the outlines of which surfaced last week, have complicated Mr. Trump’s intention to have Mr. Hegseth lead the Defense Department next year. Mr. Trump has told advisers that he is standing behind Mr. Hegseth, a veteran of the wars in Iraq and Afghanistan. The complainant told authorities that she could not recall how she got to Mr. Hegseth’s hotel room or whether intercourse occurred. Mr. Hegseth told the police that he was “buzzed” but not intoxicated that night.

Persons: Pete Hegseth, Donald J, Trump, Hegseth, Jane Doe, ejaculating, “, Hegseth’s, Karoline Leavitt, Trump “, Pete, Hegseth “, Mr, Knuckles, ”, “ Jane Doe, Hegseth ejaculated, Orlando Mayorquín Organizations: National Council of Young Israel, California Federation of Republican Women, Hyatt Regency Monterey, Defense Department, Fox News, Knuckles Sports, Kaiser Permanente, Office Locations: New York, Monterey, Calif, Hegseth’s, Hyatt Regency Monterey Hotel, Spa, Iraq, Afghanistan, Kaiser, Monterey County

President-elect Donald J. Trump said on Thursday that he would nominate Pam Bondi to be attorney general, turning to a longtime loyalist who served as state attorney general in Florida to put his stamp on a Justice Department that he sees as politically hostile to him. Mr. Trump announced her selection hours after his first choice, Matt Gaetz, withdrew from consideration amid a growing consensus that he could not be confirmed by the Senate because of allegations that he had taken part in drug-fueled sex parties. Mr. Trump has been keen to install a close ally to head the Justice Department, which he has vowed to purge of what he calls “deep state” foes — suggesting an end to a longstanding practice of Justice Department criminal investigations operating independent of White House direction or interference. Ms. Bondi, 59, served on Mr. Trump’s legal team during his first impeachment and currently leads the legal arm of the America First Policy Institute, a right-wing think tank that has kept close ties to Mr. Trump’s transition team. Ms. Bondi oversaw the filing of voting-related lawsuits in battleground states.

Persons: Donald J, Trump, Pam Bondi, Matt Gaetz, Bondi Organizations: Justice Department, America, Policy Institute Locations: Florida, Bondi

☆ Pete Hegseth’s Metamorphosis: From Critic of War Crimes to Defender of the Accused
▼ + stars: | 2024-11-21 | by ( Dave Philipps | Carol Rosenberg | ) www.nytimes.com time to read: +1 min

When Pete Hegseth was an earnest, young Army lieutenant in Iraq in 2005, he was cleareyed on how he viewed crimes committed by soldiers in war. Soldiers in his own infantry company in Iraq in 2006 had shot civilians, executed prisoners and tried to cover up the crimes. “Those are a no-brainer,” he told an audience at the University of Virginia after his deployment. He called the acts of those soldiers, who served in a sister platoon in his company, “atrocities” and added: “Of course that’s wrong. No one is here to defend that.”By the end of his Army career, though, he was repeatedly doing exactly that.

Persons: Pete Hegseth, ”, “, Donald J, Trump Organizations: University of Virginia, Army, Fox News Locations: Iraq

☆ Newsom Heads to California Counties That Voted for Trump
▼ + stars: | 2024-11-21 | by ( Shawn Hubler | ) www.nytimes.com time to read: 1 min

On Thursday, Gov. Gavin Newsom will make the first of three post-election visits to California counties that Donald J. Trump won in the presidential race, reaching out to working-class voters in the Central Valley who remain frustrated by economic woes. The appearance in Fresno, to unveil a new economic development system, comes as interviews and polls have shown that economic and class divisions were key to Mr. Trump’s return to power. With Democrats still mulling over their presidential and congressional losses, Mr. Newsom said in an interview on Wednesday that his party needed to learn from the recent election and to address the struggles of American workers. “A lot of people feel like they’re losing their identity or losing their future,” Mr. Newsom said.

Persons: Gavin Newsom, Donald J, Trump, Trump’s, Newsom, ” Mr, “, ” Locations: California, Fresno

☆ Piper Sandler highlights the stocks most likely to benefit from bullish market sentiment
▼ + stars: | 2024-11-21 | by ( Brian Evans | ) www.cnbc.com time to read: +2 min

Wall Street's optimistic tone since Donald Trump secured a return to the White House could have outsized benefits for a handful of stocks that typically gain when sentiment is bullish, according to Piper Sandler. "By many metrics, bullish sentiment is at an extreme," Michael Kantrowitz, Piper Sandler's chief investment strategist and head of portfolio strategy, wrote in a Tuesday note. Against this backdrop, Piper Sandler screened for stocks that are most sensitive to bullish sentiment. Garmin is another stock that historically performs well when market sentiment is high, registering gains 62% of the time. GRMN YTD mountain Garmin stock has gained nearly 60% in 2024.

Persons: Donald Trump, Piper Sandler, Stocks, Michael Kantrowitz, Piper, Uber, Trump, FactSet Organizations: Investors, Uber Technologies, Garmin, Materials, Micron Technology

☆ 10-year Treasury yield dips as investors await economic data, Fed speeches
▼ + stars: | 2024-11-21 | by ( Sam Meredith | In Samuelmeredith | ) www.cnbc.com time to read: +1 min

One basis point equals 0.01%. The 10-year Treasury yield fell more than 1 basis point to 4.390%, while the yield on the 2-year Treasury slipped by nearly 2 basis points to 4.291%. The benchmark 10-year Treasury yield dipped on Thursday as investors await a fresh batch of economic data and a flurry of speeches from Federal Reserve policymakers. Existing home sales for October and the Kansas City Fed survey for November are scheduled to follow slightly later in the session. Cleveland Fed President Beth Hammack, Chicago Fed President Austan Goolsbee, Kansas City Fed President Jeff Schmid, Fed Vice Chair for Supervision Michael Barr are all poised to deliver remarks about the U.S. economy on Thursday.

Persons: Donald Trump's, Beth Hammack, Austan Goolsbee, Jeff Schmid, Michael Barr, Michelle Bowman, Samantha Subin, Sophie Kiderlin Organizations: Treasury, Federal Reserve, Philadelphia Fed, Kansas City Fed, Cleveland Fed, Chicago Fed Locations: Russia, Ukraine, Washington, Moscow, Kansas, U.S

Donald J. Trump’s social media company is considering developing a cryptocurrency payment service, according to a trademark application filed this week, the latest sign of the president-elect’s embrace of the crypto industry. Trump Media & Technology Group filed an application on Monday for a service called TruthFi, which it described as a platform for crypto payments, financial custody services and trading in digital assets. But the initiative appears to be a bid by Trump Media to diversify its business beyond Truth Social, a social media platform whose business relies on Mr. Trump to continuously post messages to his most loyal supporters. Any large-scale crypto project would most likely require Trump Media to acquire another firm, given that it has fewer than three dozen employees. This week, shares in the crypto trading platform Bakkt surged after The Financial Times reported that Trump Media was in talks to buy it.

Persons: Donald J, Trump Organizations: Trump Media & Technology Group, Trump Media, Truth, Financial Times

☆ Trump Recruits His Cast for Season 2 Straight From Television
▼ + stars: | 2024-11-21 | by ( Michael M. Grynbaum | ) www.nytimes.com time to read: +1 min

After an election where podcasts and influencers played an outsize role, conservatives were quick to declare that traditional media was dead. Turns out a lot of it is just moving into the West Wing. President-elect Donald J. Trump, whose rise was fueled by reality TV stardom, is once again turning to television to recruit the key cast members of his new administration. The latest was Dr. Mehmet Oz, the former syndicated TV host, who was picked by Mr. Trump on Tuesday to oversee Medicare and Medicaid. (His wife, Rachel Campos-Duffy, is Mr. Hegseth’s erstwhile “Fox & Friends” co-host.)

Persons: influencers, Donald J, Trump, Mehmet Oz, Pete Hegseth, “, ”, Sean Duffy, Rachel Campos, Duffy, Hegseth’s, Friends ” Organizations: Wing, Mr, “ Fox, Fox Business, Transportation Department, Friends

☆ Marjorie Taylor Greene Will Lead New ‘DOGE’ Panel on Government Efficiency
▼ + stars: | 2024-11-21 | by ( Annie Karni | More About Annie Karni | ) www.nytimes.com time to read: 1 min

When she arrived in Congress in 2021, Representative Marjorie Taylor Greene, Republican of Georgia, was quickly stripped of her two committee assignments by Democrats and shunned by her colleagues on Capitol Hill. Almost three years later, Ms. Greene is poised to hold a gavel for the first time, a sign of the ascendancy of the MAGA wing of the G.O.P. in Congress, where President-elect Donald J. Trump’s most loyal allies will occupy prominent posts next year. Representative James Comer of Kentucky, chairman of the House Oversight Committee, is planning to create a new subcommittee to partner with Elon Musk and Vivek Ramaswamy to “eliminate government waste.” The committee, which has yet to be created, will work with the new Department of Government Efficiency, known as “DOGE,” and leading Republicans have agreed to allow Ms. Greene to serve as its chairwoman.

Persons: Marjorie Taylor Greene, Greene, Donald J, James Comer of, Elon Musk, Vivek Ramaswamy, ” Organizations: Republican, Capitol, Department of Government Locations: Georgia, Congress

☆ Elon Musk and Jeff Bezos Exchange Posts About Trump on X
▼ + stars: | 2024-11-21 | by ( Karen Weise | ) www.nytimes.com time to read: 1 min

A few months ago, a three-post exchange between Jeff Bezos and Elon Musk on Mr. Musk’s X would have passed for petty sniping between billionaire rivals. “Just learned tonight at Mar-a-Lago that Jeff Bezos was telling everyone that @realDonaldTrump would lose for sure, so they should sell all their Tesla and SpaceX stock,” Mr. Musk wrote Wednesday night, referring to two of his companies. 100% not true,” Mr. Bezos responded on Thursday morning. “Well, then, I stand corrected,” Mr. Musk wrote back, with a laughing-crying emoji. With President-elect Donald J. Trump's history of animosity toward Mr. Bezos, the posts carried an unspoken message about Mr. Musk’s growing power within the incoming administration.

Persons: Jeff Bezos, Elon Musk, Musk’s, “, Mr, Musk, Nope, Bezos, Donald J Organizations: SpaceX

☆ Trump and Fed Chair Powell could be set on a collision course over interest rates
▼ + stars: | 2024-11-21 | by ( Jeff Cox | ) www.cnbc.com time to read: +2 min

President-elect Donald Trump and Federal Reserve Chair Jerome Powell could be on a policy collision course in 2025 depending on how economic circumstances play out. That in turn could infuriate Trump, who lashed Fed officials including Powell during his first term in office for not relaxing monetary policy quickly enough. Though Powell became Fed chair in 2018, after Trump nominated him for the position, the two clashed often about the direction of interest rates. Should the results start to show up in the data, the Powell Fed may be tempted to hold tougher on monetary policy against inflation. "They're going to look at a very nontraditional approach to policy that Trump is bringing forward but put it through a very traditional economic lens," he said.

Persons: Jerome Powell, Donald Trump, Powell, infuriate Trump, Joseph LaVorgna, Trump Organizations: White, Washington , D.C, Federal, National Economic Council, Trump, Fed, Nikko Securities Locations: Rose, Washington ,, Trump's, Nikko

☆ Ray Dalio says to understand Trump's 2nd administration, you should study how far-right governments in the 1930s worked
▼ + stars: | 2024-11-21 | by ( Matthew Loh | ) www.businessinsider.com time to read: +5 min

AdvertisementRay Dalio said Trump's approach to governance was tried by hard-right states in the 1930s. Dalio, who often publishes personal remarks on the global economy, wrote a LinkedIn commentary on Wednesday with his predictions for a second Trump administration. Advertisement"Think of Gordon Gekko and the perspective he conveyed in his 'greed is good' speech," Dalio wrote of Trump's approach, referring to Michael Douglas' character from "Wall Street," the 1987 film. Dalio wrote that he isn't saying Trump's administration would be fascist or that Trump would behave like fascist leaders. Brandon Bell/Getty ImagesTheir mission, Dalio wrote, is to "create maximum economic strength and fight foreign enemies."

Persons: Ray Dalio, Trump, Donald Trump, Trump's, Elon Musk, Vivek Ramaswamy, Gordon Gekko, Dalio, Michael Douglas, Ramaswamy, Marco Rubio, Tucker Carlson, Steve Bannon, Brandon Bell, Pete Hegseth, Elise Stefanik Organizations: Bridgewater Associates, of Government, Trump, SpaceX, Fox News, Defense Secretary, New York, United Nations, US Senate, Republican, Business Locations: United States, Washington, China

☆ Opinion | How Hostility to Immigrants Will Hurt America’s Tech Sector
▼ + stars: | 2024-11-21 | by ( Paul Krugman | ) www.nytimes.com time to read: +1 min

Will business prosper under a second Donald Trump presidency? Trump’s obsessions with tariffs and immigration go way back, and he probably won’t respond well if people ridicule him for not delivering on his signature policy ideas. If he does not moderate his policies, the damage will be considerable — bigger than even pessimists realize. Hostility to immigrants won’t just create labor shortages for many grueling manual jobs that native-born Americans are reluctant to do. As you may know, Trump has declared his intention to declare a national emergency and deploy the military to help round up huge numbers of undocumented immigrants, initially placing them in what Stephen Miller, one of his top immigration advisers, has called “vast holding facilities.”

Persons: Donald Trump, won’t, Trump, Stephen Miller

☆ Box CEO Aaron Levie, who voted for Kamala Harris, explains why more Democrats should embrace Elon Musk
▼ + stars: | 2024-11-21 | by ( Kelsey Vlamis | ) www.businessinsider.com time to read: +6 min

AdvertisementBox CEO Aaron Levie said Democrats should embrace Elon Musk. Levie, who supported Kamala Harris, said he thinks Musk is uniquely qualified to support innovation. In an interview with Business Insider, Levie explained why he thinks Democrats should make an effort to embrace Musk, and how he thinks it would benefit American innovation. Levie supported Vice President Kamala Harris for president, donating to her campaign as well as President Joe Biden's before he dropped out of the race. He said he thinks Musk would be uniquely able to identify things that get in the way of progress in those areas.

Persons: Aaron Levie, Elon Musk, Kamala Harris, Levie, Joe Biden's, didn't, Donald Trump, Musk, Hillary Clinton, Joe Biden, Biden, Tesla, EVs, he'd, Sen, Chris Coons, " Coons, Coons, Pete Buttigieg, Helene, Buttigieg, Vivek Ramaswamy, Ramaswamy, Musk's Organizations: Democratic, Business, Democratic Party, Republicans, SpaceX, Twitter, White, Ford, GM, Tesla, EVs, Republican, Fox, Department of Government Efficiency, Transportation, Elon, Politico, Department of Government, Department of Defense Locations: Delaware

☆ Dollar pulls ahead as markets focus on Trump policies, Fed outlook
▼ + stars: | 2024-11-21 | by ( ) www.cnbc.com time to read: +4 min

After stalling for three sessions, the greenback was back on the march higher, with investors lifting the dollar index measure against its key rivals closer to a one-year high of 107.07 hit last week. The dollar has rallied more than 2% since the Nov. 5 U.S. presidential election on bets Trump's policies could reignite inflation and temper the Fed's future rate cuts. The dollar index held steady at 106.56, up from a one-week nadir hit in the previous session. "The Russia-Ukraine conflict is heating up, which is further denting sentiment towards the euro alongside the prospects of trade tariffs," another "bullish cue" for the dollar index given the euro's heavy weighting, City Index's Simpson said. The dollar gave up some gains against the yen, down 0.33% at 154.91 yen , although the Japanese currency remained under pressure.

Persons: Donald Trump's, Matt Simpson, CME's, Michelle Bowman, Lisa Cook, Index's Simpson, Kazuo Ueda, Sterling, bitcoin, Bitcoin Organizations: U.S, Federal Reserve, Wednesday, Storm, ATACMS, Bank of Japan, Bank of England's Locations: Europe, China, Russia, Ukraine, Paris

☆ DOGE wants to trim a $500 billion list of federal 'zombie' programs that includes veterans' healthcare, Pell grants, and NASA
▼ + stars: | 2024-11-21 | by ( Ayelet Sheffey | Andy Kiersz | ) www.businessinsider.com time to read: +4 min

AdvertisementElon Musk and Vivek Ramaswamy wrote an op-ed in The Wall Street Journal detailing their vision for cutting government costs. Elon Musk and Vivek Ramaswamy are eyeing recommendations to trim a list of government programs that include veterans' healthcare, childcare grants, and NASA. The programs' funding authorizations have lapsed because they were established or renewed by legislation authorizing Congress to allocate funds for a set number of years. Advertisement"If the spending isn't authorized, then we shouldn't be spending it," Ramaswamy wrote on X on Thursday. GOP Rep. Cathy McMorris Rodgers introduced legislation in 2016 — the USA Act — which would sunset what she called "zombie government spending programs" in three years and establish a commission to review all mandatory spending programs.

Persons: Elon Musk, Vivek Ramaswamy, Donald Trump's, Pell, Ramaswamy, NASA's, Elon Musk's, Cathy McMorris Rodgers, McMorris Rodgers Organizations: NASA, of Government, Congress, Congressional, CBO, Pell Grants, National Institutes of Health, Federal Bureau of Investigation, Ramaswamy, Corporation for Public Broadcasting, Elon, Elon Musk's SpaceX, Planetary Society, GOP, Treasury Department, Social Security Administration, Department of Health, Human Services

(Photo by Nicolas Economou/NurPhoto via Getty Images) Nicolas Economou | Nurphoto | Getty Images'That is a huge, huge gap'There is a growing disillusionment taking hold. Men are steadily dropping out of the workforce, especially those between the ages 25 to 54, which are considered their prime working years. A study by the Pew Research Center found that men who are not college-educated leave the workforce at higher rates than men who are. In 1995, both young men and women equally were likely to hold a bachelor's degree, at 25%. "That is a huge, huge gap," Pollak said.

Persons: Donald Trump, Kamala Harris, Nicolas Economou, Pollak, " Pollak, Brett House, —, Richard Fry, Fry, NEFE, Billy Hensley, Hensley, Ali Bustamante Organizations: Republican, Democratic, Getty, Nurphoto, Pew Research Center, Pew, Columbia Business School, CNBC, NEFE, Trump, Financial Wellness, Young, Roosevelt Institute Locations: Washington ,, U.S

☆ Why the cost of Thanksgiving dinner shows the weird state of inflation
▼ + stars: | 2024-11-21 | by ( Alex Bitter | ) www.businessinsider.com time to read: +3 min

AdvertisementThe cost of Thanksgiving dinner has fallen for the second year in a row. It shows how shoppers are still facing high prices, even if inflation has slowed down this year. The cost of a traditional Thanksgiving dinner has fallen for the second year in a row. A Thanksgiving meal for 10 people will cost $58.08 on average this year, according to a survey of grocery store prices from the American Farm Bureau Federation. AdvertisementThis year, some retailers are selling bundles of Thanksgiving meal items while advertising them as affordable.

Persons: Zippy Duvall, Bernt Nelson, —, Donald Trump's Organizations: American Farm Bureau Federation, Walmart, Discount, Aldi Locations: Puerto Rico

She wrote two more bills that same week supporting Julian Assange and Edward Snowden, who were behind two of the biggest US national security leaks of the 21st Century. Both men are broadly seen as enemies of the state within the intelligence community. Gabbard proposed repealing Patriot ActIf confirmed, Gabbard will be the most markedly anti-surveillance official to lead the intelligence community in the post-9/11 era. Some prominent Republicans like former Trump national security adviser John Bolton and former Trump UN ambassador and 2024 GOP presidential candidate Nikki Haley have come out against her. Scott Olson/Getty ImagesGabbard is in many ways a stranger to the intelligence community.

Persons: Donald Trump’s, spymaster, Tulsi Gabbard, Daniel Ellsberg, Gabbard, ”, Ellsberg, Julian Assange, Edward Snowden, It’s, MAGA, Trump, Assange, Marco Rubio, Elise Stefanik, Mike Waltz, she’s, scot, Jamil Jaffer, George W, Bush, White, George Mason University’s, Snowden, Alexandria Ocasio, Cortez, Assange —, Sen, Rand Paul, Justin Amash, Matt Gaetz, Gabbard’s Snowden, Bill Pugliano, Tulsi, Drew Angerer, Glenn Gerstell, —, Gerstell, ” Gerstell, She’s, neocons, ” “, Vladimir Putin’s, Biden, “, Hannity, Steven Ferdman, cynically, John Bolton, Nikki Haley, DNI, ” Haley, Hillary Clinton, Assad, Obama, Tom Williams, CNN Gabbard, Bashar Assad, Nancy Pelosi, Gabbard’s, we’ve, Trump’s, Qasem Soleimani, ” ‘, Donald Trump, Scott Olson, Democratic Sen, Chuck Schumer, ” Gabbard Organizations: CNN, Democratic, Pentagon, The New York Times, Washington Post, US, National Intelligence, Republican Party, WikiLeaks, National Security Institute, George, National Security Agency, — Democratic, Trump, FBI, Fox, Patriot, Foreign Intelligence, Congress, Capitol, Defense Department, Democrat, Republican, NATO, Fox News Channel Studios, Trump UN, GOP, blindsided, Hawaii National Guard, House Armed Services Committee, Syrian, ISIS, Democratic Party, Lawmakers, Gabbard Locations: Syria, Ukraine, Russia, Alexandria, —, Washington, Detroit , Michigan, Gabbard, Washington ,, China, Hawaii, American, Moscow, New York City, Kremlin, Iraq, Lebanon, Ohio, La Crosse , Wisconsin, United States

☆ A tiny Italian village wants to fast-track Americans unhappy with the election into buying an entire home for 1 euro
▼ + stars: | 2024-11-21 | by ( Jordan Pandy | ) www.businessinsider.com time to read: +3 min

AdvertisementA small town in Italy is offering homes for 1 euro to attract Americans amid the recent election cycle. Ollolai's initiative is part of Italy's broader "Case a 1 euro" program started in the 2010s. There is also an option for digital nomads to work there for a month for only 1 euro. Ollolai started offering 1-euro homes in 2018, but other towns, like Sicilian commune Gangi, started giving away vacant houses in 2015. But if you don't want to commit fully to moving across the ocean, a redirect from the Ollolai website luring potential buyers offers an option for digital nomads.

Persons: Ollolai, Francesco Columbu, Columbo, Donald Trump, Ollolai isn't Organizations: Italian National Institute of Statistics, Business, CNN Locations: Italy, Sardinia, Italian, Europe

☆ The fate of MSNBC could be in Trump’s hands
▼ + stars: | 2024-11-21 | by ( Matt Egan | ) edition.cnn.com time to read: +6 min

It’s true that analysts expect the Trump administration to generally be less hostile to mergers. Yet it’s also true that some Republicans – including some tapped to join the Trump administration – have been described as “Khanservatives” because they’ve called for tougher, not weaker, antitrust scrutiny. Earlier this year, Gaetz told NOTUS that the FCC chair’s work “inspired me” and he expressed hope she stays in power for a Trump administration. As Gaetz fights to survive a tough nomination process to be attorney general, Comcast dropped a bombshell in the media industry by spinning off MSNBC, CNBC, USA, Oxygen and other networks. “It’s hard not to look at the spinoff of CNBC and MSNBC as potentially a response to the new administration,” said Petro.

Persons: Donald Trump’s, Trump, Donald Trump, ” Craig Moffett, MoffettNathanson, Brendan Carr, Trump’s, Kamala Harris, Carr, Skydance’s, ”, Moffett, Jeffrey Sonnenfeld, Sonnenfeld, Gaetz, Vance, Lina Khan, it’s, they’ve, JD Vance, Khan, Biden, Matt Gaetz, NOTUS, “, Brian Roberts, Will Trump, Frank Louthan, Raymond James, It’s, Louthan, Lee Petro, Dickinson, it’s “, Petro Organizations: New, New York CNN, Department, T’s, CNN, Timer Warner, Trump, Comcast, MSNBC, CNBC, NBC, DOJ, Federal Communications Commission, FCC, Paramount, Fox News, CBS, Yale, Leadership, Time Warner, Biden, Federal Trade, ”, Washington DC Locations: New York, Florida, USA

☆ Intuit shares drop as quarterly forecast misses estimates due to revenue getting delayed
▼ + stars: | 2024-11-21 | by ( Jordan Novet | ) www.cnbc.com time to read: +3 min

Intuit shares fell 6% in extended trading on Thursday after the finance software maker issued a revenue forecast for the current quarter that trailed analysts' estimates due to some sales getting delayed. Intuit called for second-quarter earnings of $2.55 to $2.61 per share, with $3.81 billion to $3.85 billion in revenue. At Thursday's close, Intuit shares were up about 9% so far in 2024, while the S&P 500 has gained almost 25% in the same period. On Tuesday Intuit shares slipped 5% after The Washington Post said U.S. President-elect Donald Trump's proposed Department of Government Efficiency had discussed developing a mobile app for federal income tax filing. WATCH: H&R Block, Intuit shares fall after report Trump admin considering a free tax-filing app

Persons: Sasan Goodarzi, LSEG, Sandeep Aujla, Aujla, Donald Trump's, CNBC's Jon Fortt, Goodarzi, he's Organizations: Intuit, Global Business Solutions Group, Small, Washington Post, Government Efficiency, CNBC, Trump Locations: Los Angeles, MailChimp, Thursday's

☆ No one would talk to Sebastian Stan about his Donald Trump movie for 'Actors on Actors': 'They were too afraid'
▼ + stars: | 2024-11-21 | by ( Palmer Haasch | ) www.businessinsider.com time to read: +3 min

AdvertisementSebastian Stan plays a young Donald Trump in "The Apprentice," a movie about his life in the 1970s. Stan said other actors wouldn't discuss Trump, and the film, with him for Variety's "Actors on Actors." You won't see Sebastian Stan doing an "Actors on Actors" interview about his new Donald Trump movie "The Apprentice," because, according to the actor, no one would talk to him about it. "We couldn't get past the publicists or the people representing them, because it was too afraid to talk about this movie." "We invited him to participate in 'Actors on Actors,' the biggest franchise of awards season, but other actors didn't want to pair with him because they didn't want to talk about Donald Trump," Setoodeh said.

Persons: Sebastian Stan, Donald Trump, Stan, wouldn't, Trump, Ali Abbasi, Roy Cohn, Jeremy Strong, Trump's, Ivana, Maria Bakalova, It's, Abbasi, Gabriel Sherman, Ramin Setoodeh, IndieWire, didn't, Setoodeh, Sherman, Tuesday's, we're Organizations: Trump, Cannes, Penske Media Corporation, Cannes Film, Briarcliff Entertainment Locations: States

☆ Ron Insana: Bitcoin could be the mother of all manias as it soars toward $100,000
▼ + stars: | 2024-11-21 | by ( Ron Insana | ) www.cnbc.com time to read: +4 min

As bitcoin prepares to vault to $100,000, I can't help but wonder if cryptocurrency – not artificial intelligence – is the mother of all financial market manias. BTC.CM= YTD mountain Bitcoin in 2024 The first bitcoin, minted in 2009 , changed hands at about one-tenth of one cent. With bitcoin at nearly $100,000 on Thursday, the first buyers of the cryptocurrency would, no doubt, be worth scores of billions of dollars. The three defining features of money are: A medium of exchange A unit of account A store of value Bitcoin – or any cryptocurrency – is not widely used for transactions. The real question in my mind remains, does the world need bitcoin, or does it just want the flagship crypto?

Persons: bitcoin, cryptocurrency, SWIFT, there's, Donald Trump, Charles Mackay, Ron Insana Organizations: Louis Federal Reserve, U.S, U.S ., CNBC Locations: U.S, Dutch

☆ Pam Bondi Is Trump’s New Choice as Attorney General. Here’s What to Know About Her.
▼ + stars: | 2024-11-21 | by ( Glenn Thrush | ) www.nytimes.com time to read: +1 min

President-elect Donald J. Trump quickly swept aside Thursday’s bad headlines about Matt Gaetz by speedily substituting Pam Bondi, a fellow Florida Republican with a starkly different profile — but a similar reputation for fealty — to be his attorney general. Ms. Bondi, 59, is a lobbyist and Trump loyalist who served as Florida’s attorney general from 2011 to 2019. She has charted a more conventional and less clamorous course than Mr. Gaetz, with little of the ugly personal or political baggage that led some Republicans to oppose Mr. Gaetz’s nomination. Ms. Bondi, the daughter of the mayor of a small Tampa-area municipality, began working as an assistant state attorney in Hillsborough County in the 1990s. During 18 years as a prosecutor, she tried cases “ranging from domestic violence to capital murder,” according to the bio page at her lobbying firm.

Persons: Donald J, Trump, Matt Gaetz, Pam Bondi, —, Gaetz, Gaetz’s, Dwight Gooden Organizations: Florida Republican, Trump, New York Mets Locations: Florida, Bondi, Tampa, Hillsborough County

Search resuls for: "Donald " Boysie"

25 mentions found