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☆ Meet the Press – November 17, 2024
▼ + stars: | 2024-11-17 | by ( ) www.nbcnews.com time to read: +58 min

And by the way, I do believe that President Trump has the ability to pick some really, really good people. We've seen what they've done to President Trump, we've seen the attacks that they continue to go after him with. That's - that’s being taken completely out of context. And President Trump hasn't been the one that weaponized the DOJ to go after his political enemies. I think that's a pretty controversial pick, from whatever pronoun that he or he - he or she decides to use.

Persons: KRISTEN WELKER, Donald Trump’s, SEN, LISA MURKOWSKI, SUSAN COLLINS, KEVIN CRAMER, JOHN BOLTON, Trump’s, Trump, MIKE JOHNSON, JOHN, CHUCK SCHUMER, DONALD TRUMP, Hakeem Jeffries, Markwayne Mullin, Amna Nawaz, Eugene Daniels, Jen Psaki, Lanhee Chen, it’s, Kristen Welker, Donald Trump, Matt Gaetz, Gaetz, who's, we're, Mike Johnson, Johnson, MATT GAETZ, Robert F, Kennedy Jr, Kennedy, he's, ROBERT F KENNEDY JR, I'm, I've, LEX FRIDMAN, Trump's, Pete Hegseth, Hegseth, ” Hegseth, SHAWN RYAN, PETE HEGSETH, Mullin, Press . SEN, MARKWAYNE MULLIN, Kristen, you've, Kristi Noem, Matt Gaetz's, they're, Matt, Here's, We've, we've, Biden, Hunter Biden, didn't, Trump hasn't, Garland, Pete, Bobby Kennedy, Bobby, Rachel, Sam, There's, Pete Buttigieg, Let's, Kristen –, there's, let's, Chuck Schumer, Obama, Canning, we'll, He's, Jeffries, HAKEEM JEFFRIES, Roe, Wade, Pelosi's, Pelosi, It's, Nancy Pelosi, Jim Clyburn, Steny Hoyer, That's, should've, Kamala Harris, it's, Matt Gaetz –, Tulsi Gabbard, Debbie Wasserman Schultz, DEBBIE WASSERMAN SCHULTZ, Assad, She's, Dick Durbin, Donald Trump's, Politico “ Playbook, AMNA NAWAZ, Jim Mattis, Rex Tillerson, John Kelly, Eugene, EUGENE DANIELS, –, Susan Collins, hasn't, LANHEE CHEN, aren't, Doug Burgum, Marco Rubio, Elise Stefanik, Jen, JEN PSAKI, – AMNA NAWAZ, that's, Thune, Biden's, George W, Bush, Joe Biden, JOE BIDEN, – I’ve, —, – JEN PSAKI, Elizabeth Warren, Bernie Sanders, We're, We'll Organizations: GOP, Democratic, Oklahoma, PBS, White House Press, Hoover Institution, Press, NBC, Department of Justice, Mar, FBI, CDC, ATF, DOJ, NBC News, Republicans, of Health, Human Services, Defense, Fox News, Police, Republican, Pentagon, Press ., Trump, Senate, Biden, White, Justice Department, America, Senate Armed Services Committee, The Washington, HHS, of Energy, Department of Transportation, RFK Jr, ’, House Democratic, Democracy, REP, House Democrats, Social, Medicare, Democrats, Committee, of, Politico, Stanford University, Trump’s, Gaetz, Department of Defense, Office, Mr, Republican Party, Democratic Party Locations: Washington, America, Florida, Monterey , California, States, Oklahoma, Russia, United States, Afghanistan, Iraq, New York, American, Syria, Russian, Will, California, –, Trump

"I have said that there's, there's some positives to vaccinations. And if it isn't vaccines, there's no -- nothing wrong with actually taking a hard look and finding out, is that's what's causing it? Recess appointments would allow the president-elect to place the House and Senate into recess so that he could appoint his nominees without having to go through the traditional Senate confirmation process. It's something that the Senate strives to avoid and it's why the chamber gavels into pro-forma sessions even while they're in recess. "It'd be the absolute last resort," Mullin told Welker.

Persons: Sen, Markwayne Mullin, Robert F, Kennedy Jr, Donald Trump's, Kennedy, I've, Mullin, Kristen Welker, Trump, John Thune, Barack Obama, Welker Organizations: Department of Health, Human Services, NBC, America, for Disease Control, CDC, National Academy of Medicine, Republicans, Supreme Locations: United States, Oklahoma, TruthSocial

The sketch comedy showcase presented its version of the meeting between outgoing president Joe Biden and Trump at the White House on Wednesday, portraying Trump's cabinet picks as unconventional. Carvey's Biden complained that his dog had been attacking foreign leaders who visit the White House — "every single one." Staying on topic, Trump noted, "I am very fastly picking the most epic cabinet of all time," he said. Repertory player Sarah Sherman portrayed Gaetz, who is Trump's choice to oversee the Department of Justice, which previously investigated him. “SNL” airs on NBC, a division of NBCUniversal, which is also the parent company of NBC News.

Persons: Donald Trump, Joe Biden, Trump, Trump's, James Austin Johnson, Biden, Dana Carvey, Carvey's Biden, Johnson's Trump, Elon, We've, Matt Gaetz, Kristi Noem, Sarah Sherman, Gaetz, Alec Baldwin, Robert F, Kennedy Jr, —, Baldwin's Kennedy, he'll, Jake Paul, podcaster Dugan, Marcello Hernández, PJ, Emil Wakim, Colin Jost, he's, xcx Organizations: White, Elon, RFK Jr, of Justice, Trump, SNL, NBC, NBC News Locations: Canada, Joe, Iran, NBCUniversal

☆ Paul Reiser on His Movie & TV Roles: 'Mad About You,' 'Stranger Things,' 'the Boys'
▼ + stars: | 2024-11-17 | by ( Olivia Singh | ) www.businessinsider.com time to read: +12 min

AdvertisementStill, not every project Reiser has ever done has been a slam dunk like "Aliens," "Mad About You," or "Stranger Things." On why playing Dr. Owens in 'Stranger Things' was an 'acting challenge'Millie Bobby Brown as Eleven and Paul Reiser as Dr. Owens on "Stranger Things." I don't know. No, but they've indicated that I will be part of it somehow, so you'll know as soon as I know. I have this really nice trip planned and I'm really looking forward to it.

Persons: Paul Reiser, Reiser, Angelo Powers, Yassir, Isaiah Lester, Shameik Moore, Angelo, It's, Owens, Millie Bobby Brown, Netflix Burke, I'm, David, Ryder, it'd, you'll, What's, You've, Helen Hunt, Jamie, Paul Buchman, Gary Null, Helen, you've, I've, Burke, Sigourney Weaver, Ripley, Colm Meaney, nobody's Organizations: New, Hills, Netflix, Getty, USC Locations: New York, David Harbour, Winona, Italy

☆ Young adults are holding off on moving out of their parents' house — here's what's behind the trend
▼ + stars: | 2024-11-17 | by ( Charlotte Morabito | In Charlottemorabito | ) www.cnbc.com time to read: +2 min

Approximately 1 in 3 U.S. adults ages 18 to 34 live in their parents' home, according to U.S. Census Bureau data. The pandemic caused more young adults to return home or remain living with their parents into their late 20s and 30s, but aside from that spike, the numbers have remained fairly consistent in recent years. The 2008 financial crisis, the Great Recession and the pandemic are all examples of economic shocks. More than half of Gen Z adults say they don't make enough money to live the life they want due to the high cost of living, according to a 2024 survey from Bank of America. A significant number of millennials and Gen Z adults lack emergency savings.

Persons: Joanne Hsu, Hsu Organizations: Census, University of Michigan, Federal Reserve, Finance, Bank of America Locations: U.S

☆ Those bold AGI predictions are suddenly looking stretched
▼ + stars: | 2024-11-17 | by ( Alistair Barr | ) www.businessinsider.com time to read: +7 min

The generative AI boom has inspired bold AGI predictions ranging from this happening in 2025, 2026, or maybe 2027. AdvertisementThat's the main reason for huge gains in recent years in the performance of AI models. AdvertisementHorowitz noted several factors that are holding back AI model improvements, including a lack of new high-quality human data and problems sourcing the extra energy needed to power AI data centers. AGI questionsIf the main tried-and-true method for improving AI models is no longer working, we are unlikely to get AGI anytime soon. Altman's bold AGI predictions may also be an effective rallying cry for hard-working OpenAI employees.

Persons: Sam Altman, there's, that's, Oren Etzioni, Etzioni, Ilya Sutskever, Noam Brown, Google hasn't, Marc, Ben, Marc Andreessen, Ben Horowitz, Andreessen, Horowitz, we're, OpenAI, Altman, we've, AGI, Elon Musk, It's Organizations: YouTube, Allen Institute, Tech, Reuters, Orion, Bloomberg, Google, AGI, Microsoft, Intel, Computer, Artificial Intelligence Locations: Seattle

☆ Jon Stewart dismisses the idea that Democrats need their own Joe Rogan: 'It's all these people that have never really listened to him'
▼ + stars: | 2024-11-17 | by ( Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +3 min

AdvertisementIn a podcast appearance, Jon Stewart dismissed the idea that Democrats need their own Joe Rogan. Rogan, Stewart said, talks to everyone with curiosity, which Stewart suggested Dems need more of. Jon Stewart seems to think the idea that Democrats need their own Joe Rogan-type media personality to balance the podcast giant's support for President-elect Donald Trump is laughable. In a Thursday appearance on his "The Weekly Show" podcast, Stewart chuckled at a listener's question — relayed to him by his producer, Brittany Mehmedovic — about who the democrat version of Joe Rogan could be. Advertisement"I think that's oversimplifying Joe Rogan," Stewart said.

Persons: Jon Stewart, Joe Rogan, Rogan, Stewart, Donald Trump, Stewart chuckled, —, Brittany Mehmedovic —, Vermont Sen, Bernie Sanders, he'd, Joe Biden, Trump, Matt Walsh, Ben Shapiro, Bernie, Sen, Sanders, CNN's Organizations: Vermont, Trump, Union, Democratic

☆ It's time to stop humblebragging about how busy we are
▼ + stars: | 2024-11-17 | by ( Tim Paradis | ) www.businessinsider.com time to read: +6 min

Busy calendars can be seen as a status symbol yet can lead to burnout, an executive coach told BI. It's not uncommon for Brandon Dock to hear from execs that they're too busy to meet. "So you could either be busy every day for the next five weeks, as you claim, or you could take a half hour," Dock said. "If you have a very busy calendar, some workers use this as a status symbol," Leussink said. "I have a couple of clients that are really going through some pretty heavy burnout right now, based on their calendars," Walker said.

Persons: Brandon Dock, they're, Dock, Joep, Leussink, Kate Walker, Walker, she's, execs, Ethan Kross, who's, Kross, he'd, hadn't, what's, It's, " Kross Organizations: Workers, Control, University of Michigan Locations: AddEvent, San Francisco, we're

☆ The hidden dangers of parabolic stock moves — and how to best handle them
▼ + stars: | 2024-11-17 | by ( Jim Cramer | ) www.cnbc.com time to read: +12 min

People always ask me why I dislike parabolic moves. In other words, parabolic moves force you to be a trader. I will fight no one who wants to buy Palantir because I sense that one will be the last name to go down. But parabolic moves are intoxicating. If we just had the 10-year bond move to 5%, I wouldn't even bother addressing the hidden dangers behind parabolic moves.

Persons: —, it's, Nvidia disappoints, Elon Musk, Robert F, Kennedy Jr, that's, Buffett, Warren, didn't, Fox, Richard Nixon, there's, Jim Cramer's, Jim Cramer, Jim, Alex Karp, Stefani Reynolds Organizations: York Stock Exchange, Nvidia, GameStop, SpaceX, RFK Jr, Health, Human Services Department, Apple, Amazon, Fox News, Republicans, Justice Department, Nuclear ETF, Jim Cramer's Charitable, CNBC, U.S, Senate, Intelligence, Capitol, Washington , D.C, Afp, Getty Locations: There's, Washington, Washington ,

Below, we've outlined some of the best ways to watch Yellowstone live without cable, including the cheapest option available. For additional information about streaming the series, make sure to bookmark our guide on where to watch Yellowstone. The cheapest way to watch Yellowstone liveThe cheapest way to watch new episodes of Yellowstone live is through Philo, one of the most affordable live streaming packages out there and the least expensive way to watch the Paramount Network. Check price at PhiloOther ways to watch Yellowstone liveYou can also watch the Paramount Network through other top live streaming packages, including Sling TV (with the Entertainment Extra add-on), Fubo, and DirecTV Stream. Sling TV Subscription For just the essentials without any extra fluff, Sling TV is the streaming service you're looking for.

Persons: you've, doesn't, Peacock, Philo, Fubo Organizations: Business, Paramount Network, Paramount, AMC, MTV, Sling, DirecTV, DirecTV Stream

☆ Turns out America elected Elon Musk, too
▼ + stars: | 2024-11-16 | by ( Peter Kafka | ) www.businessinsider.com time to read: +6 min

Now that Trump has won, Musk is seemingly attached to him — in public and behind the scenes. At the moment, it also looks like they've elected Elon Musk. And Musk is relentlessly promoting Trump on Twitter, the site he bought in 2022 and renamed X. Related storiesPresident-elect Trump on Elon Musk: "He likes this place. He first floated the idea of having Musk run a government efficiency office in early September, but it wasn't a focus of his rallies and pitches.

Persons: Trump, Musk, we've, Donald Trump, they've, Elon Musk, there's, Vivek Ramaswamy, that's, Vladimir Putin, Volodymyr Zelenskyy, He's, can’t, I'm, It's, We've, David Nasaw, tycoons, William Randolph Hearst, Andrew Carnegie —, Trump's, Kamala Harris, Vance, Tim Walz, — I've, haven't, Tesla, Esther Crawford, Theodore Roosevelt, Hearst, Franklin Roosevelt Organizations: Elon, Trump, Department of Government, Twitter, New York Times, Times, United Nations, Mar, City University of New York Graduate Center, Musk, US, SpaceX, Carnegie Locations: Iran, Trump's Florida, Texas, Mexico, Florida, Madison

☆ Insider Today: Protein pro tips
▼ + stars: | 2024-11-16 | by ( Joi-Marie Mckenzie | ) www.businessinsider.com time to read: +7 min

I'd call it No Meet Week and use that time to catch up on my ever-growing to-do list, ideate, and edit. After I introduced No Meet Week to my team, one manager said she'd like to participate too, and soon, I extended it to my entire team. AdvertisementNext week, at Business Insider, we're bringing No Meet Week back, and I can't wait to use that time to finish my Q4 strong. Quitting protein powderRachel Hosie tried to hit her protein target while avoiding ultra-processed food. For one week, Hosie attempted to hit her daily protein goal of 110 to 130 grams without consuming ultra-processed foods like protein bars.

Persons: could've, Jenny Chang, Rodriguez, I'm, Jensen Huang doesn't, she'd, iStock, Rebecca Zisser, they're, Rachel Hosie, Boris SV, Tyler Le, Hosie, Jean Paul Gaultier, Monica Humphries, Jay Maidment, Marvel's, Ryan Reynolds, Hugh Jackman, Dan DeFrancesco, Grace Lett, Lisa Ryan, Amanda Yen Organizations: Business, Nvidia, Microsoft, Getty, Century Studios, Marvel Studios, Apple, Smart, Black Locations: Tanzania, New York City, New York

That's sure to result in increased volatility for the companies in our portfolio exposed to China, the world's second-largest economy. Consumer-dependent stocks Apple and Starbucks may be the most at risk given they are more discretionary versus the aforementioned names. At the Club, Jim has bestowed his "own it, don't trade it" designation on only those two stocks, Apple and Nvidia. AAPL YTD mountain Apple YTD Furthermore, while China growth may be tempered, Apple is aggressively looking to grow its presence in India — both on the consumer side and product manufacturing side of its business. Bottom line The risks for companies that do business in China have certainly increased following Trump's presidential election win.

Persons: Donald Trump, Jim Cramer, Joe Biden, Jensen Huang, Leonardo da Vinci, Lisa Su, Su, Tim Cook, Trump, Jim, China —, Brian Niccol, Niccol, we're, Jim Cramer's, Xi Jinping, Kevin Lemarque Organizations: Devices, Nvidia, GE Healthcare, Apple, AMD, Trump, Club, Bloomberg, U.S, Starbucks, Yum Brands, China, Taco Bell, Chipotle, Jim Cramer's Charitable, CNBC Locations: we're, China, U.S, India, Vietnam, Osaka, Japan

☆ Defense tech companies like Anduril hope Trump can streamline military contracts
▼ + stars: | 2024-11-16 | by ( Kenneth Niemeyer | ) www.businessinsider.com time to read: +4 min

Others in the defense industry are less optimistic. Tech billionaire Palmer Luckey's bet on the defense industry is paying off at Anduril, the drone-making company he founded. AdvertisementSacknoff said that procurement reform in the defense industry is not a new concept and that the Defense Department is always restructuring its contracting process. Richard Aboulafia, managing director at AeroDynamic Advisory, a consulting firm, said that reforming the defense industry will take time. AdvertisementSacknoff said the military defense business is always looking for a "counter" to the newest technology and that the growth of autonomous drones would likely bring more innovations to stop them.

Persons: Palmer Luckey, Anduril, Palmer Luckey's, Donald Trump's, Brian Schrimf, Schrimpf, Scott Sacknoff, Sacknoff, Richard Aboulafia, Abaulafia, DefenseScoop, Tesla, Eric Schmidt, Schmidt Organizations: Tech, Yahoo, Spade, Defense Department, Teledyne, Defense, Google Locations: Anduril, United States, Saudi Arabia

☆ Tesla Cybertrucks have joined the growing number of luxury EVs that can now be leased
▼ + stars: | 2024-11-16 | by ( Lloyd Lee | ) www.businessinsider.com time to read: +3 min

Part of the reason is due to a tax credit program that the Cybertruck has been largely left out of. Tesla is offering the Cybertruck for lease a year after the EV company made its first deliveries to customers. However, leasing an EV offers buyers another way to take advantage of the tax credit program without meeting every requirement. Through what's known as a "leasing loophole," dealerships can receive the tax credit and choose to pass those savings on to the buyer or lessee. But Tesla's Cybertruck has largely been left out of the federal incentive program.

Persons: Tesla, Elon Musk's, Rivian, Tesla's Cybertruck Organizations: EV, Biden, Internal, Department of Energy's

☆ 5 new weight-loss drugs to watch in the fight for the next Ozempic
▼ + stars: | 2024-11-16 | by ( ) www.businessinsider.com time to read: +8 min

"Forthcoming medications take the blockbuster GLP-1 medications and up the ante." Like semaglutide (the active ingredient in Ozempic and Wegovy), it works on GLP-1, a hormone that regulates blood sugar and appetite. CagriSema adds it to the already-popular drug semaglutide, which itself helps manage hunger and blood sugar levels. "Longer-acting versions of GLP-1 medications offer the potential for greater convenience and potentially improved adherence and sustained use over time," McGowan said. Timeline: Data from Phase II trials is expected later this year, and planning is underway for Phase III trials.

Persons: Eli Lilly, Dr, Christopher McGowan, Eli Lilly's, Ozempic, retatrutide, VK2735, we've, they're, McGowan Organizations: Pharma, Novo Nordisk, Viking Therapeutics, Triple, Therapeutics, FDA, orforglipron, Nordisk, Reuters Locations: GLP, Mounjaro, California

☆ Disney CEO Bob Iger is moving to cement his legacy by undoing his biggest mistake
▼ + stars: | 2024-11-16 | by ( James Faris | ) www.businessinsider.com time to read: +4 min

Here's what may be behind the move as Bob Iger looks to solidify his legacy. Disney's head-turning decision to share three years' worth of earnings guidance is a fascinating strategic move — and may be part of a bigger play from legacy-minded CEO Bob Iger. The Mouse House pleased analysts this week with its quarterly earnings report, as operating income rose 23% while revenue advanced by 6%. AdvertisementBob-ing and weavingDisney's earnings report and presentation were littered with comparisons to two years ago, which seems deliberate — if subtle. Advertisement"I would guess Bob Iger is feeling the pressure to demonstrate that he has set the company back on the right track," Nollen said.

Persons: Bob Iger, Tim Nollen, Robert Fishman, Iger, Bob, Bob Chapek, —, Chapek, what's, Nollen, it's Organizations: Disney, ESPN, Macquarie, Business, MoffettNathanson

Latino voters overall were more than a quarter of Arizona’s electorate — Gallego won them by 22 points while Harris carried them by 10 points. As for Latino men, Trump won them by 12 points nationally, marking a stunning 35-point swing from 2020 that powered him to victory in key states, according to NBC News' exit polls. But Gallego held his ground with Latino men, winning them by 30 points, exit polls showed. Men — Latino men — were feeling very insecure about their positions in the family because they wanted to make sure that they’re providers and providing security and economic security. He outperformed Harris among voters who cited the economy as their top concern, exit polls showed, and covered off the vulnerability that sank many Democrats, including Harris.

Persons: Ruben Gallego, Donald Trump, Kamala Harris, — Gallego, Harris, Trump, Gallego, —, ” Gallego, Ariz, Mario Tama, ”, it’s, Republican Kari Lake, president’s MAGA, Biden, “, ” Trump, Lake hasn’t, isn’t, Kari Lake Organizations: WASHINGTON, Democratic, outperforming, NBC News, ”, Republican, Congressional Progressive Caucus, Trump, NBC, Democrat Locations: Arizona, Arizona’s, Guadalupe

☆ Inside Microsoft's struggles with Copilot
▼ + stars: | 2024-11-15 | by ( Ashley Stewart | ) www.businessinsider.com time to read: +23 min

In September 2023, Microsoft's famously soft-spoken CEO, Satya Nadella, unveiled the company's flagship AI product, Copilot, with sweeping fanfare. Some of Microsoft's own employees and executives are privately concerned that Copilot won't be able to deliver on its ambitions. Copilot's struggles have created an opening for Microsoft's rivals, some of whom have seized on the opportunity to promote their own agendas. "Now, when Joe Blow logs into an account and kicks off Copilot, they can see everything," said one Microsoft employee familiar with customer complaints. As complaints and questions over Copilot mount, so does the pressure to justify Microsoft's unprecedented level of spending on AI.

Persons: Microsoft's, Satya Nadella, Gartner, Copilot, it'll, Copilot's, Marc Benioff, Benioff, Goldman Sachs, Marc Andreessen, Andreessen Horowitz, Ethan Miller, Jared Spataro, Spataro, —, Joe Blow, Joe, Nadella, Gary Marcus, Marcus, Wile, Coyote, Brontë, Judson Althoff, Jason Zander, Zander, We've, OpenAI, Tasos Katopodis, Steve Jobs Organizations: Microsoft, Venture, Getty, Goldman, BI, Fortune, Excel, Lumen Technologies, Honeywell, Gartner, Wall Street, Initiative, Department of Homeland Security, Employees, San Francisco, Software, Apple, Jobs Locations: Microsoft's, Copilot, New York City

☆ Disney is avoiding more political dust-ups, but Netflix is bringing the fight to the media giant when it comes to live sports
▼ + stars: | 2024-11-15 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +6 min

download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . You can opt-out at any time by visiting our Preferences page or by clicking "unsubscribe" at the bottom of the email. In today's big story, Disney reported strong earnings and has a bright outlook on the future, but it doesn't want to discuss politics . The big storyLet's not talk politicsBob Iger, CEO of Disney Charley Gallay/Getty ImagesWhen it comes to Donald Trump, Disney is taking a page from its famous mascot and being as quiet as a mouse. But the king of streaming — Netflix — seems unstoppable , and it's threatening a space that Disney's ESPN previously had a stronghold: live sports.

Persons: —, it's, Bob Iger, Disney Charley Gallay, Donald Trump, didn't, Iger, we've, Minnie Mouse, Iger's, BI's Lucia Moses, Ron DeSantis, Trump, Hulu —, Jake Paul, Mike Tyson, Michael Ostuni, Tyler Le, Fiona Carter, Goldman Sachs, Jerome Powell, it's Elon, Steve Schwarzman's, Sam Altman, Elon Musk, Tesla, Lina Khan's, Rebecca Zisser, Dan DeFrancesco, Grace Lett, Ella Hopkins, Hallam Bullock, Amanda Yen, Milan Sehmbi Organizations: Business, Service, Disney, Revenue, Trump, Walt Disney World, Anadolu, Getty, Disney's ABC, ESPN, Netflix, Federal Reserve, EV, Microsoft, Federal Trade Commission Locations: Asia, Hollywood, Florida, Blackstone, ChatGPT, New York, Chicago, London

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBitcoin rises over 16% in a week on hopes of crypto-friendly U.S. policy: CNBC Crypto WorldCNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today's show, Will Peck, head of digital assets at WisdomTree, discusses what a national bitcoin stockpile could mean for prices and the future of crypto-focused ETFs.

Persons: explainers, Will Peck Organizations: CNBC Crypto, CNBC, WisdomTree

☆ I have 5 Gen Z children in the workforce, and they don't prioritize their careers. It made me rethink my life.
▼ + stars: | 2024-11-15 | by ( Kimanzi Constable | ) www.businessinsider.com time to read: +4 min

My Gen Z children helped me understand that work doesn't have to be a priority. AdvertisementMy Gen Z children entering the workforce shifted my beliefsI'm a father of five Gen Z kids. AdvertisementMy Gen Z children have told me they see work for what it is: They work to live, not live to work. Related storiesMy Gen Z children have shifted my beliefs about work, and as a result, I've gotten therapy to help me learn who I am outside my career. AdvertisementMy Gen Z children in the workforce have taught me lessons about work that my generation didn't.

Persons: I've, I'm, They've, Constable Organizations: Kenyan, LinkedIn Locations: Kenya

☆ BlackRock's Gargi Chaudhuri shares how to invest as ETF inflows soar to records ahead of a promising 2025
▼ + stars: | 2024-11-15 | by ( James Faris | ) www.businessinsider.com time to read: +6 min

AdvertisementHowever, BlackRock's Gargi Chaudhuri doesn't think President-elect Trump deserves all the credit for this astounding market rally. "Obviously, there have been some pretty sharp movements over the course of the last week," Chaudhuri told Business Insider. Corporate earnings growth is arguably the most compelling reason to stick with US stocks following what's been another outstanding performance this year. "One of the things that the equity market has done over and over again is continue to surprise us in terms of earnings growth," Chaudhuri said. AdvertisementWhere to invest in a rosy 2025Two sectors with abnormally strong earnings prospects are financials and industrials, Chaudhuri said.

Persons: BlackRock's Gargi Chaudhuri, —, Donald Trump's, there's, BlackRock's Gargi Chaudhuri doesn't, Trump, Chaudhuri, They've, they're, " Chaudhuri Organizations: Service, BlackRock, Federal Reserve Locations: Americas

☆ Markets are grappling with the impact of Trump's win and how the Fed will react
▼ + stars: | 2024-11-15 | by ( Jeff Cox | ) www.cnbc.com time to read: +2 min

However, he went on to back up Chair Jerome Powell 's statement Thursday that the Fed doesn't need to be "in a hurry" to cut. "I do think if there's disagreement of what's the neutral rate, it does make sense at some point to start slowing." Getting to neutral, or a place that neither boosts nor restrains growth, is the Fed's ultimate goal, but Trump's victory could complicate the journey. The burst of euphoria after Trump's win actually complicates the situation by providing looser financial conditions that might make the Fed slower to ease. In any event, traders see a high likelihood that even if a December cut does happen, the Fed almost certainly will skip January as it assesses the landscape.

Persons: Donald Trump, Austan Goolsbee, Goolsbee, Jerome Powell, Susan Collins Organizations: Trump, Wall, Federal, Chicago Federal, CNBC, Wall Street Journal, Boston Fed, Traders

☆ Why Elon Musk's push to cut federal waste might succeed where others failed
▼ + stars: | 2024-11-15 | by ( Jack Newsham | ) www.businessinsider.com time to read: +8 min

Elon Musk and Vivek Ramaswamy are promising to tame the federal government. Substantial changes to the federal budget would most likely require action from legislators, though Trump transition officials are reportedly looking for ways to short-circuit Congress' power over spending. AdvertisementPast presidents have tried to cut the federal budget with mixed successThe federal government isn't a business. AdvertisementClinton took another stab at cutting federal spending and improving government processes with his National Performance Review, which was led and staffed by federal employees instead of the private sector. AdvertisementSocial Security and Medicare are the two single biggest areas of federal spending, and changing them could be politically unpopular.

Persons: Elon Musk, Vivek Ramaswamy, they've, Trump, Reagan, Clinton, Ronald Reagan, Bill Clinton, David Walker, J, Peter Grace, Grace, didn't, Musk, Ramaswamy, Thomas Schatz, hasn't, Lex Fridman's, Veronique de Rugy, —, de Rugy Organizations: Government, Department of Government, Trump, Congress, Government Waste, Grace, Office, Citizens, Securities and Exchange Commission, Federal Aviation Administration, SpaceX, Social, Cato Institute, Social Security, GOP

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