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

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

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

☆ Drake Lost His Rap Battle. Now He Claims the Streaming Game Is Rigged.
▼ + stars: | 2024-11-26 | by ( Amanda Hoover | ) www.businessinsider.com time to read: +5 min

UMG's choice to saturate the music market with 'Not Like Us' comes at the expense of its other artists, like Drake." And Drake is one of the biggest artists streaming on Spotify, with about 10 million more monthly listeners than Lamar. Music industry insiders, meanwhile, are skeptical of the allegations themselves. In other words, for the top of the music industry, rigging with bots would be "not like us." By throwing lawyers and corporations into the rap battle, Drake has made it much less street and much more corporate.

Persons: Drake, Kendrick Lamar, UMG, It's, Lamar, Drake's litigiousness, Jan, Arian Foster, Tony Rigg Organizations: Universal Music Group, Spotify, Lamar, NFL, University of Central, Southern, of, of New York, Apple Music Locations: University of Central Lancashire, North Carolina, of New

☆ Dick's Sporting Goods posts robust holiday guidance
▼ + stars: | 2024-11-26 | by ( Gabrielle Fonrouge | In Gabrielle-Fonrouge | ) www.cnbc.com time to read: +3 min

The Dick's Sporting Goods logo is displayed on the floor of a store on September 04, 2024 in Daly City, California. Dick's Sporting Goods raised its full-year guidance on Tuesday after what CEO Lauren Hobart called an "excellent" back-to-school shopping season and better-than-expected comparable sales for its third quarter. The sporting goods giant is now expecting fiscal 2024 same-store sales to grow between 3.6% and 4.2%, up from a previous range of 2.5% to 3.5%. Dick's said the strong quarter led it to also raise its full-year sales and earnings guidance. It's now expecting full-year earnings per share to be between $13.65 and $13.95, ahead of previous guidance of $13.55 to $13.90.

Persons: Lauren Hobart, Hobart, StreetAccount, Dick's, It's Organizations: Dick's Sporting Goods, LSEG Locations: Daly City , California

☆ Lauren Boebert took down her shortlived Cameo account that offered videos for $250
▼ + stars: | 2024-11-26 | by ( Thibault Spirlet | ) www.businessinsider.com time to read: +3 min

AdvertisementRep. Lauren Boebert joined Cameo on Saturday, offering personalized videos for $250 and up. Rep. Lauren Boebert has taken down her Cameo account just days after creating it. The firebrand Colorado conservative joined the online platform on Saturday, offering personalized videos for a starting fee of $250. However, by becoming the first Congress member to join the platform while holding office, Boebert may have broken House ethics rules. AdvertisementThe rules state that House members are not allowed to receive any payment of money or a thing of value for an appearance, speech, or article.

Persons: Lauren Boebert, Cameo, Marjorie Taylor Greene, Boebert, Matt Gaetz, Donald Trump, George Santos, Aaron Scherb, Scherb, didn't Organizations: Republican, firebrand Colorado, Former, Colorado Politics, Congressional District, Congressional Locations: Florida, George Santos of New York, Colorado's

☆ Proposed law aims to help Americans save more for retirement—but could end up hurting Gen Z, millennial workers
▼ + stars: | 2024-11-26 | by ( Ryan Ermey | ) www.cnbc.com time to read: +3 min

The bipartisan legislation, introduced to Congress in 2023, would create a federal workplace retirement account for workers, similar to a 401(k). Such a plan would undoubtedly improve outcomes for those who wouldn't have otherwise have access to workplace retirement accounts, a recent study from Morningstar finds. Matching tax credit: Workers under a certain salary threshold would be eligible for a "match" in the form of a federal tax credit. Workers under a certain salary threshold would be eligible for a "match" in the form of a federal tax credit. "A lot of people would think of this federal plan as their [only] plan," he says.

Persons: Uncle Sam, Spencer Look, there'd Organizations: Savings, Morningstar, Workers

☆ Chart of the Day: Amgen
▼ + stars: | 2024-11-26 | 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 EmailChart of the Day: AmgenAmgen on pace for its worst day since October of 2000. It's our Chart of the Day. The Investment Committee debate the stock and discuss their biotech strategy.

☆ What could get more expensive if Trump launches a new trade war with Mexico and Canada
▼ + stars: | 2024-11-26 | by ( Elisabeth Buchwald | ) edition.cnn.com time to read: +5 min

While leaders of the two nations continue to butt heads, US consumers have paid the price, shelling out more money on goods imported from China. Now Trump is focusing his attention on America’s largest and third-largest trading partners: Mexico and Canada. The 25% tariff Trump floated would have “huge impacts” on gas prices, amounting to an increase between 25 cents to 75 cents per gallon, he said. Said differently, your guac and avocado toast could skyrocket if 25% tariffs are levied on Mexico. Bottom line: It’s going to hurtThe new round of tariffs Trump is prepared to impose comes as the US has grown increasingly reliant on imports from Mexico and Canada.

Persons: Donald Trump’s, Trump, Joe Biden, Brace, Todd Korol, ” Patrick De Haan, Ulises Ruiz, Said, Maurico Palos, tariffs Trump, That’s Organizations: New, New York CNN, Trump, Gas, US Energy Information Administration, Rockies, Produce, Commerce Department, AFP, Getty, United, United Nations ’, General Motors, Ford, General Motors Co, Silao, Bloomberg Locations: New York, America, China, Mexico, Canada, West Coast, Kindersley , Saskatchewan, Great Lakes, Midwest, United States, Cerritos, Ciudad Guzman, Jalisco, Silao, Guanajuato

☆ Russia says it's thinking of putting missiles in Asia if the US keeps deploying the weapons systems that anger China
▼ + stars: | 2024-11-26 | by ( Matthew Loh | ) www.businessinsider.com time to read: +4 min

AdvertisementRussia is considering deploying missiles in Asia if the US stations more systems there, a top official said. The remark hints at a potential for Russia to enter the fray in a region fraught with US-China tensions. Sergei Ryabkov, one of Russia's deputy foreign ministers, said on Monday that Moscow is considering deploying its short- to medium-range missiles in the Asia-Pacific. He had been asked by a reporter if Russia might station its missiles in Asian countries, according to the agency. Meanwhile, the US Army would respond by deploying long-range units from its Multi-Domain Task Force to the Philippines, per Kyodo News.

Persons: Sergei Ryabkov, Ryabkov, Trump Organizations: TASS, Kyodo, US, Kyodo News, Marine Littoral Regiment, High Mobility Artillery Rocket Systems, Marine, Regiment, US Army, Domain, Force, Associated Press, Xinhua, Nuclear Forces, Soviet Locations: Russia, Asia, China, Moscow, Washington, Beijing, Tokyo, Taiwan, Philippines, Japan's, Okinawa, Manila, Soviet Union

☆ Israel Launches Heavy Strikes on Lebanon Ahead of Hezbollah Cease-Fire Deal Talks: Live Updates
▼ + stars: | 2024-11-26 | by ( Patrick Kingsley | Euan Ward | ) www.nytimes.com time to read: +3 min

The Israeli military also told entire towns in southern Lebanon to evacuate, including Naqoura, where a United Nations peacekeeping force is based. The cease-fire proposal, mediated by American and French diplomats, would start a 60-day process during which both sides would stop fighting and withdraw from southern Lebanon. Israel has sought guarantees from the United States that it would have U.S. support to send troops back into southern Lebanon if Hezbollah violated the arrangement. Hezbollah’s leader, Naim Qassem, suggested last week that the group would accept a truce if Israel stopped striking Lebanon and Lebanon retained its sovereignty. The cease-fire would officially be an agreement among Israel, Lebanon and the mediating countries, including the United States.

Persons: Benjamin Netanyahu, Netanyahu, Mr, Naim Qassem, Israel, Hassan Nasrallah, Jack Nicas, Myra Noveck, Euan Ward Organizations: Lebanese, United Nations, Lebanese Army Locations: Lebanon, Beirut, Tel Aviv, Israel, United States, States, Jerusalem

☆ ‘We enjoy this sometimes’: The rhetorical battle between Justices Alito and Kagan at the Supreme Court
▼ + stars: | 2024-11-26 | by ( Joan Biskupic | ) edition.cnn.com time to read: +15 min

CNN —The morning after Donald Trump was reelected president, Justices Samuel Alito and Elena Kagan began jousting more than usual. More than other justices on their respective sides, conservative Alito and liberal Kagan are sharp-tongued strategic questioners. As usual, Alito and Kagan began referring to each other’s questions but with barely a glance toward the other at their elbow. Skeptical of the litigants’ case, Alito asked their lawyer Deepak Gupta why Huang would have put out financial information that could be quickly exposed as wrong. Then Alito said, “Well, I don’t want to derail … Justice Kagan had a number of hypotheticals, but I don’t want to interrupt that.”Kagan seemed miffed, but only slightly.

Persons: Donald Trump, Samuel Alito, Elena Kagan, Alito, Kagan, Trump, Anthony Kennedy, ”, ” Alito, you’ve, ” Kagan, it’s, gesturing, John Roberts, improvidently, Jensen Huang, Deepak Gupta, Huang, Gupta, “ Huang, “, “ You’re, ” Gupta, Biden, Elizabeth Prelogar, Bostock, Biden’s, John Sauer, Sauer, Noel Francisco, Francisco, Amy Coney Barrett, Dobbs, George W, Bush, Alito’s, “ Sam, ” Bush, Barack Obama, Adam Unikowsky, Edmund LaCour, LaCour, “ Let’s, …, general’s Organizations: CNN, Kagan, Trump, Meta, Investors, Facebook, Cambridge Analytica, Amalgamated Bank, Department, Nvidia, Texas Rangers, Philadelphia Phillies, Alabama, Alabama Supreme Locations: America’s, Trenton , New Jersey, Swedish, Clayton County, Bush, Alabama

☆ Subway CEO John Chidsey is stepping down at the end of the year
▼ + stars: | 2024-11-26 | by ( Ramishah Maruf | ) edition.cnn.com time to read: +2 min

New York CNN —Yet another fast food CEO is stepping down. Subway announced Tuesday that its CEO, John Chidsey, will retire at the end of 2024. Chidsey, the first chief executive outside of the chain’s founding family, joined Subway as CEO in 2019. The chain’s store count is also shrinking, closing 400 restaurants in the US last year and finishing 2023 with the lowest store count since 2005. Incoming interim CEO Walsh is currently the company’s president of Europe, Middle East and Africa and also served as global chief marketing officer.

Persons: John Chidsey, Carrie Walsh, Chidsey, Walsh, – CNN’s Jordan Valinsky Organizations: New, New York CNN, Subway, Starbucks Locations: New York, Wendy’s, Europe, Middle East, Africa

☆ Walmart becomes the latest company to walk back DEI initiatives
▼ + stars: | 2024-11-26 | by ( Kelsey Vlamis | ) www.businessinsider.com time to read: +2 min

Walmart is the latest American company to reverse some of its diversity, equity, and inclusion or DEI initiatives. AdvertisementWalmart is not the first company to roll back DEI initiatives, nor is it the first to be scrutinized by Starbuck. Ford, John Deere, Tractor Supply Company, Molson Coors, Lowe's, and Harley-Davidson are among the US companies that have backed down on DEI. AdvertisementIn his Instagram post, Starbuck said Walmart reached out to him after it found out he was looking into the company. "No retail company wants a story about them from us ahead of Black Friday," he told The Wall Street Journal.

Persons: Robby Starbuck, Starbuck, Ford, John Deere, Davidson Organizations: Walmart, for Racial Equity, Business, Center for Racial Equity, Racial Equity Institute, Human Rights, Tractor Supply Company, Molson Coors, Lowe's, Harley, Wall Street Locations: America

☆ ‘Demure’ is Dictionary.com’s 2024 word of the year
▼ + stars: | 2024-11-26 | by ( Karina Tsui | ) edition.cnn.com time to read: +4 min

CNN —“Demure,” a word that went viral over the summer, has been named Dictionary.com’s 2024 word of the year — beating out other contenders like “brainrot,” “brat,” and “weird.”In an announcement Monday, the site said that the word experienced a “meteoric rise in usage” in 2024 — up 1,200% between January and August — a spike that was largely attributed to TikToker and beauty influencer Jools Lebron’s popularization of the phrase “very demure, very mindful” in a series of satirical videos that shook the internet. “That’s the joke!”The satire is clearest in a clip in which the TikTok star asserts that she’s going to behave in a demure, mindful way while going out on the Las Vegas Strip. I don’t dog-ear pages, I put in a bookmark,” RuPaul said in a video promoting online bookstore Allstora. Lebron, who is transgender, said that the fame from her “demure” videos has helped her finance the rest of her transition. “Brat,” another word that has taken on new meaning in 2024, was named Collins Dictionary’s word of 2024 for being one of the most talked about words on and offline.

Persons: “, ”, Lebron, Marge Simpson, Patty, Selma, Demure, ” Dictionary.com, she’ll, Kim Kardashian, Jennifer Lopez, RuPaul, Kardashian, Patrick Ta, Jimmy Kimmel, Dictionary.com, Collins Organizations: CNN, Las Locations: “, ”

☆ Mark Zuckerberg teases default Threads feeds as X users flock to rival Bluesky
▼ + stars: | 2024-11-26 | by ( Jyoti Mann | ) www.businessinsider.com time to read: +3 min

AdvertisementThreads is letting users choose a default feed, Mark Zuckerberg has said. Meta's move to compete with Bluesky's growth follows a wave of users leaving Elon Musk's X. With its recent rapid growth, Bluesky faces fresh challenges, including content moderation. Threads is stepping up its game by giving users the power to pick their default feed as it battles to keep pace with Bluesky's explosive growth. Droves of X users recently left the platform because of concerns over hate speech and misinformation.

Persons: Mark Zuckerberg, Meta's, Elon Musk's, Rose Wang, Platformer's Casey Newton, Bluesky, Aaron Rodericks, Adam Mosseri, Mosseri, Instagram, It's, Meta didn't Organizations: Elon Musk's, Elon, Bluesky, Meta, Business

☆ Thanksgiving weather and travel: A storm, cold and lake-effect snow could cause issues.
▼ + stars: | 2024-11-26 | by ( Mary Gilbert | ) edition.cnn.com time to read: +5 min

TuesdayA quick-moving storm is bringing rain to parts of the East Coast while a few snowflakes fall around the Great Lakes. High elevation snow will bury areas from California’s Sierra Nevada to the Colorado Rockies while rain falls at lower elevations. Conditions will ease throughout the day for California and Nevada but sloppy weather will persist farther east, especially in Utah and Colorado. Dreary weather will extend from the Gulf Coast to the Northeast as the storm that formed late Wednesday pushes east. The Thanksgiving day storm will largely be out of the East by sunrise but lake-effect snow will start up for areas downwind of the Great Lakes as Arctic air rushes over the record-warm lakes.

Persons: Philadelphia hasn’t, Taylor Ward Organizations: CNN, Colorado Rockies, Central and, East, Eastern Seaboard, Dakotas, Philadelphia, New, Center Locations: Here’s, East, Great, New York City, Boston, Sierra Nevada, Central, Central and Southern California, California, Nevada, Utah, Colorado, Mississippi, Illinois, Pennsylvania, New York, New Mexico, Denver, Gulf, New England, Chicago, North Dakota

☆ Luis Rubiales: After ‘years of forced silence,’ Spanish women’s soccer players speak openly about the unwanted kiss in new documentary
▼ + stars: | 2024-11-26 | by ( George Ramsay | ) edition.cnn.com time to read: +8 min

For many onlookers, the incident between Luis Rubiales and Jennifer Hermoso at the 2023 Women’s World Cup final offered momentary insight into the life of a women’s soccer player. The fallout to the Rubiales kiss only reinforced her view that this was a story that demanded a wider audience, and now was the time to tell it. Rubiales was serving as president of the Royal Spanish Football Federation (RFEF) when he kissed Hermoso during the Women’s World Cup final medal ceremony. Rubiales gives Hermoso what she says was an unwanted kiss after last year's Women's World Cup final. Vilda watches Spain's players warm up ahead of the Women's World Cup final.

Persons: wasn’t, Luis Rubiales, Jennifer Hermoso, Joanna Pardo, ”, Pardo, ” Pardo, ’, Rubiales, Hermoso, ” Rubiales, Jorge Vilda, Vilda, Alexia Putellas, Bonmatí, d’Or, – Irene Paredes, peck, Pablo Blazquez Dominguez, Sandra Paños, “, Paredes, Putellas, RFEF, coercing, Luis Jordana de Pozas, Franck Fife Organizations: CNN, Netflix, England, CNN Sport, Royal Spanish Football Federation, FIFA, Court, Getty, Sweden, Rubiales, World Locations: Eurasia, “, Spanish, Spain's, Madrid, AFP

☆ Mate 70: Huawei seals post-Android comeback by unveiling new phone with its own software
▼ + stars: | 2024-11-26 | by ( Juliana Liu | ) edition.cnn.com time to read: +4 min

The new Mate 70 smartphone, which starts at 5,499 yuan ($760), features the HarmonyOS Next operating system, which no longer supports Android-based apps. The Mate 70 represents a “critical step” in Huawei’s software evolution, Lucas Zhong, research analyst at Canalys, told CNN. The shift away from the Android ecosystem “will be essential for Huawei to maintain momentum in the premium segment, solidify consumer loyalty, and attract potential platform switchers,” he said. Major Chinese tech companies have reportedly gotten on board, hiring developers to create compatible apps. “If no one uses it, no matter how advanced the operating system is, it will have no value,” he said, according to a Wechat post.

Persons: ” Richard Yu, Lucas Zhong, ”, Canalys, Eric Xu, Xu, Mengmeng Zhang Organizations: Hong Kong CNN, Huawei, Washington, CNN, Counterpoint Research Locations: China, Hong Kong, United States

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

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

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

☆ ‘If you mark it down, they will come.’ What to expect from retailers this holiday season
▼ + stars: | 2024-11-26 | by ( Alicia Wallace | ) edition.cnn.com time to read: +11 min

While economists say this holiday shopping season could ultimately be the most normal one (sales-wise) since before the pandemic, it’s also decked out with plenty of uncertainty. While it would set a new record as well (keep in mind, those figures aren’t adjusted for inflation), this holiday season might be a little more muted than last. A shortened holiday seasonA short shopping season, however, may force the hands of retailers who are looking to hold back on deep promotions. This year, there are 26 days between Thanksgiving and Christmas, marking the shortest holiday shopping season possible. Courtesy Dan MarshallMarshall remains quite optimistic that Mischief will enjoy yet another strong Black Friday, Small Business Saturday and, ultimately, holiday season.

Persons: It’s, it’s, ”, Neil Saunders, “ it’s, Frederic J . Brown, TJ Maxx, Scrooge ‘, Saunders, ” Franklin Bracken, Locker, Bing Guan, ” Bracken, Jeffrey Davidson, “, ” Davidson, Shannon Grein, “ It’s, Seth Wenig, TransUnion, Charlie Wise, TransUnion’s, Wise, Brendan McDermid, Dan Marshall, Marshall, Dan Marshall Marshall, “ We’re, —, they’ll Organizations: CNN, B Department, Jersey Shore, National Retail Federation, GlobalData, Getty, Walmart, Target, Goldman, Global Retailing Conference, Bloomberg, Black, University of Michigan, Reuters, November’s University of Michigan, University of Locations: Jersey, Las Vegas , Nevada, AFP, New York, New Jersey, Wells Fargo, Ramsey , New Jersey, Wells, New York City, Oxford, St, Paul , Minnesota

☆ Fed officials see interest rate cuts ahead, but only 'gradually,' meeting minutes show
▼ + stars: | 2024-11-26 | by ( Jeff Cox | ) www.cnbc.com time to read: +4 min

Federal Reserve officials expressed confidence that inflation is easing and the labor market is strong, allowing for further interest rate cuts albeit at a gradual pace, according to minutes from the November meeting released Tuesday. In addition, they expressed uncertainty over where the rate cuts would need to stop before the Fed hit a "neutral" interest rate that neither boosts nor restrains growth. Conflicting signals on inflation and the uncertainty over Trump's policies have caused traders to scale back their outlook for interest rate cuts ahead. Officials indicated that the state of the labor market is generally solid. "Participants generally noted … that there was no sign of rapid deterioration in labor market conditions, with layoffs remaining low," the minutes said.

Persons: FOMC, Donald Trump's Organizations: Federal, Market, stoke, Republican, Fed

☆ Russia expels British diplomat for alleged espionage
▼ + stars: | 2024-11-26 | by ( Lauren Kent | ) edition.cnn.com time to read: +2 min

London CNN —Russia expelled a British diplomat who worked at the embassy in Moscow Tuesday, accusing him of spying, marking the latest blow to the two countries’ worsening diplomatic relations. Russia’s Federal Security Service (FSB) alleged that the British diplomat intentionally provided false information to enter the country as a cover for espionage work, “thereby violating Russian law,” according to state media TASS. The Russian Foreign Ministry subsequently revoked the diplomat’s diplomatic accreditation and ordered him to leave Russia within two weeks, TASS reported. Russia’s FSB claimed the diplomat was sent to Moscow to “replace” one of six alleged British intelligence officers that Russia expelled this summer. Meanwhile, Russia launched a “record” 188 drone attacks on Ukraine overnight, according to the Ukrainian Air Force on Tuesday.

Persons: “, Vladimir Putin, Clare Sebastian, Maria Kostenko Organizations: London CNN —, Federal Security Service, Russian Federation, ” TASS, Russian Foreign Ministry, TASS, CNN, British Foreign Office, FSB, Reuters, Ukrainian Air Force, Air Force Locations: London CNN — Russia, British, Moscow, Russian, Russia, Britain, Ukraine, Western, Ukrainian, Ternopil, Kyiv

Bellroy's Black Friday sale, which runs from November 25 to December 3, is the company's only sitewide sale of the year, with 25% off everything over $75. We've tested the brand's products extensively and have featured several of its wallets in our guides for the best men's wallets and best slim wallets. Top 3 Bellroy deals Snap up the highly coveted Apex Slim Sleeve for less than $100. Because the Black Friday event is the brand's only sitewide sale of the year, this is the best time to shop at Bellroy. Check out our roundup of all of the best Black Friday deals.

Persons: Bellroy's, We've Organizations: Business, Insider's, Bellroy, lefties, Tokyo Tote, tote Locations: Tokyo

☆ Best Buy CEO says higher costs from tariffs would mean higher prices for shoppers
▼ + stars: | 2024-11-26 | by ( Dominick Reuter | ) www.businessinsider.com time to read: +2 min

AdvertisementBest Buy is bracing for Trump's proposed tariffs on imports from China and Mexico. Barry said consumers typically bear some of any added costs in the form of higher prices. Best Buy is bracing for the impact of Donald Trump's proposed tariffs on imports from China and Mexico — especially as the vast majority of items it sells come from the two countries. "There's very little in the consumer electronics space that is not imported," Barry said. Advertisement"We see that the customer ends up bearing some of the cost of the tariffs," Barry said.

Persons: Corie Barry, Barry, Donald Trump's, Trump Locations: China, Mexico, Canada, Goods

☆ Majority of social media influencers don’t verify information before sharing it, study finds
▼ + stars: | 2024-11-26 | by ( Liam Reilly | ) edition.cnn.com time to read: +6 min

According to the UNESCO study, 62% of surveyed creators said they don’t vet the accuracy of content before sharing it with their followers. The study comes in the wake of the 2024 US presidential election, in which social media influencers played a key role as an information source for voters. During the campaign, President-elect Donald Trump and Vice President Kamala Harris harnessed social media influencers and podcasters with millions of followers, including Joe Rogan and Alex Cooper, to appeal directly to voters. And a separate survey from Pew found that more than half of American adults “at least sometimes” get their news from social media. Online influencers generally do not rely on official sources of information, such as government-issued reports and documents, the UNESCO study found.

Persons: influencers, Donald Trump, Kamala Harris, Joe Rogan, Alex Cooper, ”, Pew, ” Zhang Zhaoyuan, Kassy Cho, Instagram, Influencer, Trump, Tim Pool, Benny Johnson, Dave Rubin —, Elon Musk’s, Musk Organizations: New, New York CNN, UNESCO, ” UNESCO, Pew Research Center, Tenet Media, Justice Department, YouTube, Google, Facebook Locations: New York, China, Springfield , Ohio, Russia, Social

☆ Independent Inquiry Blames Israeli Leaders for Oct. 7 Failures
▼ + stars: | 2024-11-26 | by ( Johnatan Reiss | ) www.nytimes.com time to read: +1 min

For more than a year, the Israeli government has avoided holding itself to account for its failure to prevent the deadliest event in Israel’s history: the Hamas-led raid on Oct. 7, 2023. An independent commission, founded by survivors of the raid and relatives of Israelis who were killed and kidnapped, tried to fill that void on Tuesday, releasing a scathing report that blamed Prime Minister Benjamin Netanyahu and top military commanders for years of faulty decisions that made Israel more vulnerable to invasion. Based on three months of interviews and public hearings, the commission’s 90-page report criticized the government’s decision to funnel money to Hamas, which allowed the group to entrench itself in the Gaza Strip in the decade before the attack. The commission, formally known as the Civil Commission of Inquiry of the Oct. 7 Disaster, condemned Mr. Netanyahu for sidelining high-level decision-making forums that might have stirred greater internal debate about the wisdom of such a policy.

Persons: Benjamin Netanyahu, Mr, Netanyahu Organizations: Civil Commission, sidelining Locations: Israel, Gaza

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