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☆ S&P 500 futures are little changed after stocks close at record highs: Live updates
▼ + stars: | 2024-11-11 | by ( Alex Harring | ) www.cnbc.com time to read: +1 min

S&P 500 and Nasdaq 100 futures each also ticked down about 0.1% each. Monday's action comes amid a market upswing that began following last week's presidential election won by Donald Trump. The Dow gained more than 300 points to close higher than 44,000, while the S&P 500 finished the session just over 6,000. "It's a lot of what we saw back in 2016 when Trump won the election the first time." The release of data from these inflation gauges comes after the Fed last week announced another interest rate cut.

Persons: that's, Donald Trump, Russell, Larry Tentarelli, They'll, Christopher Waller, Neel Kashkari Organizations: Dow Jones Industrial, Nasdaq, Dow, Trump, Federal, Fed, Minneapolis Fed, Home

☆ Stocks making the biggest moves midday: AbbVie, Tesla, Cigna, Morgan Stanley and more
▼ + stars: | 2024-11-11 | by ( Pia Singh | In | ) www.cnbc.com time to read: +3 min

Crypto stocks — Crypto stocks extended last week's gains as investors basked in the honeymoon period between election day and inauguration day. Coinbase shares jumped 20% and were trading above $300 for the first time since 2021. Wells Fargo jumped 4%, while Bank of America and Morgan Stanley each rose more than 2%. Valley National Bank — Shares popped almost 5% after JPMorgan upgraded the New York-based regional bank to overweight from neutral. Cboe Global Markets — Shares advanced nearly 2% on the back of Deutsche Bank's upgrade to buy from hold .

Persons: Tesla, Trump, Elon Musk, Ernst & Young, MARA, Morgan Stanley —, Wells Fargo, Morgan Stanley, Donald Trump, Tom Homan —, Trump's, Cigna, RadNet, Anthony Elian, Alex Harring, Tanaya Macheel, Jesse Pound, Samantha Subin, Lisa Kailai Han, Michelle Fox Organizations: Bristol, Myers Squibb, Super, MARA Holdings, Bank of America, Geo, U.S, Immigration, Customs, Trump Media & Technology, Trump, Humana, GE HealthCare, Bank, JPMorgan, Cboe, Deutsche, Deutsche Bank Locations: Wells Fargo, York

☆ Amazon targets smart glasses that could guide delivery drivers to where to drop off packages, report says
▼ + stars: | 2024-11-11 | by ( Alex Bitter | ) www.businessinsider.com time to read: +4 min

Amazon is reportedly developing smart glasses that its delivery workers could use. Amazon has offered Echo Frames, its smart glasses for consumers with voice assistant Alexa integrated, since 2019. Sales of the latest version of Echo Frames totaled fewer than 10,000 over the past year, according to the report. Over the years, some Amazon delivery workers have said that Amazon has highly ambitious delivery targets and expects them to deliver more packages than they can during their shifts. AdvertisementAre you an Amazon delivery or retail worker?

Persons: —, Amazon's, Amelia, Alexa, Brian Olsavsky, they're Organizations: Amazon, Reuters, Service Locations: Amazon

☆ The stock market is about to do something extremely rare in its history
▼ + stars: | 2024-11-11 | by ( Alex Harring | ) www.cnbc.com time to read: +2 min

The S & P 500 is on pace to deliver a second straight year of gains above 20%. After last week's postelection rally, the S & P 500 is now up by about 26% on the year. .SPX YTD mountain S & P 500, year to date Thatte called the market advance "exceptional," even before last week's surge to all-time highs. That means that, if history repeats itself, the S & P 500 should end 2024 above 6,000. What's more, Oppenheimer found that gain matching the median advance in those 11 years would push the S & P 500 to finish higher than 6,200.

Persons: week's, Parag, Donald Trump, Thatte, That's, Oppenheimer Organizations: Deutsche Bank

☆ Florida's school cellphone ban stokes controversy in Parkland
▼ + stars: | 2024-11-10 | by ( Bruna Horvath | Bruna Horvath Is An Intern On Nbc News' Tech Team. | ) www.nbcnews.com time to read: +11 min

Over the summer, Florida’s Broward County Public Schools made the decision to ban students from using cellphones and other communication devices for the entire school day. It's a particularly sensitive topic in Broward County after the 2018 Parkland shooting at Marjory Stoneman Douglas High School, which is in the district. Carline Dumoulin, a mother of two students at Broward’s Cypress Bay High School, is one of those signatories. Broward County school board member Debra Hixon was present at the meeting where the rule was approved, but had left before the vote. Last year, a video of several students fighting at West Broward High School circulated online, gaining thousands of views on X.

Persons: “ I’ve, ” Dominique Mayorga, Marjory Stoneman, Instagram, Dumoulin, Marjory Stoneman Douglas, Rhona Wise, Lori Alhadeff, Alyssa, ” Alhadeff, “, Alhadeff, ”, Ron DeSantis, Debra Hixon, Hixon, Chris, Allen Zeman, ” Zeman, Max Schachter, Alex, ” Schachter, Marjory Stone, Leo Jimenez, Jimenez, it’s, ” Jimenez, they’re, ” Hixon, who’s, Zeman, Mayorga, Marlena, she’s, ” Marlena, there’s Organizations: Florida’s Broward County Public Schools, Parkland, Marjory Stoneman Douglas High School, High, Getty, Broward, Florida Gov, West Broward High School, National, Progress, Marjory Stone Douglas High School Public, NBC News, Cooper City High School, Broward County Schools, South Broward High School, Orange County Public Schools, Broward County Public Locations: Florida’s Broward, Broward County, Cypress, Parkland, Fla, U.S, Indiana, Ohio, California, Florida, Orange, lunchrooms

☆ Muslim voters once abandoned the GOP. Now they may leave the Democrats.
▼ + stars: | 2024-11-10 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Alex-Seitz-Wald-Circle-Byline-Template.Jpg | Alex Seitz-Wald | ) www.nbcnews.com time to read: +7 min

Arab and Muslim voters moved away from the Democratic Party this year in ways that led some community leaders to warn of a lasting shift from a voting bloc that has been reliably Democratic for two decades since it abandoned the GOP. Muslim voters backed Republican George W. Bush in 2000, but fled the GOP in response to the Bush administration’s post-9/11 military interventions abroad and anti-terror policies at home, which they felt unfairly targeted people of Islamic faith. In the two decades since then, Muslim Americans have broken roughly 2-to-1 for Democrats, while groups representing the community institutionally aligned themselves with Democrats, much like other groups representing voters of color. Nationally, the Council on American-Islamic Relations, one of the largest Muslim advocacy groups in the country, which has been sharply critical of Biden’s foreign policy, conducted its own postelection survey of Muslim voters. “Our pleas, demands and warnings were ignored by President Biden and then by Vice President Harris.

Persons: Donald Trump, ”, Layla Elabed, Joe Biden’s, Republican George W, Bush, Trump, Jill Stein, Harris, Stein, Bill Bazzi, Biden, “, Robert S, McCaw, Benjamin Netanyahu, Dearborn, You’re, ” Sen, John Fetterman, Rania Batrice, President Biden, ” Trump, Tiffany Trump’s, Rabiul Chowdhury, Ruwa, Abdullah Hammoud Organizations: Democratic Party, GOP, Trump, Democratic, Republican, Democrats, Green, Islamic, American, CAIR National Government, Palestinian, Palestinian American Democratic, Democratic National Convention, Muslim Democratic, Palestinian American Democrat Locations: Gaza, American, Dearborn , Michigan, —, Dearborn, Dearborn Heights, Arab, Palestinian American, Lebanese, Pennsylvania , Michigan, Wisconsin, Georgia

☆ The blue wall was Kamala Harris' clearest path to the White House. Here's why it faded away.
▼ + stars: | 2024-11-10 | by ( John L. Dorman | ) www.businessinsider.com time to read: +7 min

Harris would have secured the presidency if she had won Michigan, Pennsylvania, and Wisconsin. Related VideoHere's why Harris ultimately faltered in the trio of blue wall states. Related storiesTo secure the presidency, candidates must win at least 270 Electoral College votes, and Harris won 226 to Trump's 312. AdvertisementHarris spent considerable time campaigning throughout the blue wall states, but her 107-day candidacy was a sprint. In Wisconsin, Trump won 51% of union households, compared to Harris' 49%, according to Edison Research.

Persons: Harris, Donald Trump, —, Kamala Harris, Hillary Clinton, Joe Biden, Trump, Tim Walz, ANGELA WEISS, Harris didn't, Alex Brandon Harris, Biden, Dane County, Trump's, EVELYN HOCKSTEIN, wasn't Organizations: White, GOP, Service, Democratic, House, Office, Minnesota Gov, Getty, Electoral, Michigan, Trump, Pennsylvania, AP, Edison Research, Oakland County, Republicans, Arab, Detroit, Teamsters, International Association of Fire Fighters, Democrats Locations: Michigan, Pennsylvania, Wisconsin, West Allis , Wisconsin, The Milwaukee, Wisconsin , Michigan, Oakland County, Detroit, Montgomery County , Pennsylvania, Philadelphia, Dane, Madison, Waukesha County , Wisconsin, Milwaukee, Bucks County , Pennsylvania, Saginaw County , Michigan, Gaza, Dearborn —

☆ S&P 500 futures are little changed following broad index's best week of the year: Live updates
▼ + stars: | 2024-11-10 | by ( Alex Harring | ) www.cnbc.com time to read: +1 min

Traders work on the floor of the New York Stock Exchange during the morning trading on Nov. 7, 2024. Stock futures are near flat Sunday night as Wall Street looks to what's next after a post-election rally propelled the market to record highs. Futures tied to the Dow Jones Industrial Average added 19 points, trading slightly above breakeven. S&P 500 futures were also little changed, while Nasdaq 100 futures climbed 0.2%. Last week's rally was considered broad, with both the tech-heavy Nasdaq Composite and small cap-focused Russell 2000 also advancing.

Persons: what's, Russell, Donald Trump, Jerome Powell, Katie Nixon Organizations: New York Stock Exchange, Stock, Dow Jones, Nasdaq, Dow, Traders, Trust, Ticketmaster

☆ Joey Logano wins third career NASCAR Cup Series championship
▼ + stars: | 2024-11-10 | by ( Jacob Lev | ) edition.cnn.com time to read: +2 min

CNN —Joey Logano took home his third career NASCAR Cup Series championship at Phoenix Raceway in Avondale, Arizona on Sunday. With the win, Logano becomes the 10th driver in NASCAR history to win three or more titles. An exuberant Logano told the NBC broadcast after the race, “I love the playoffs, I love it, man.”“What a race, what a Team Penske battle there at the end,” Logano continued. A week later, Logano won at Las Vegas Motor Speedway in the Round of 8 to clinch his spot in the championship race. Team Penske’s recent dominance continued as Logano’s win gives the team its third consecutive title after Blaney won last year.

Persons: Joey Logano, Logano, Ryan Blaney, Blaney, Jimmie Johnson, ” Logano, “, ”, wasn’t, Alex Bowman’s, “ Congrats, congrats, ” Blaney, Roger, Heck, Hope, William Byron, Tyler Reddick, NBA Hall of Famer Michael Jordan, Denny Hamlin, Byron, Reddick Organizations: CNN, NASCAR, Phoenix Raceway, NBC, Team Penske, Charlotte Motor, Las Vegas Motor, Ford, Penske, Hendrick Motorsports, 23XI Racing, NBA Hall of Famer Locations: Avondale , Arizona

☆ Large group of Russian and North Korean forces prepared to retake Russia’s Kursk region from Ukraine
▼ + stars: | 2024-11-10 | by ( Alex Marquardt | ) edition.cnn.com time to read: +4 min

Ukrainian President Volodymyr Zelensky said Thursday that about 11,000 North Korean soldiers are in the region, where Ukraine’s three-month military incursion into Russian territory has stalled. The New York Times reported Sunday that some 50,000 Russia and North Korean troops are set to take part in the assault. Reports that North Korea was sending troops to Russia began appearing last month, though both countries dismissed the allegations at the time. Russia and North Korea, both pariahs in the West, have forged increasingly friendly ties since Moscow’s 2022 invasion of Ukraine. Ukraine invaded the Kursk region over the summer, shocking Russia, in the first invasion of the country since World War II.

Persons: Volodymyr Zelensky, hasn’t, Donald Trump, Trump, Ohio Sen, JD Vance, Vladimir Putin, ” Trump, Zelensky, Elon Musk, Biden, CNN’s Jack Forrest, Helen Regan, Svitlana Vlasova, Tara John, Victoria Butenko, Nic Robertson, Kristen Holmes, Natasha Bertrand, Haley Britzky, Oren Liebermann Organizations: CNN, Russia, Sunday, The New York Times, Ukraine, US, NATO, Republican, Pentagon Locations: Russia’s Kursk, Russia, North, Korea, North Korea, Ukraine, Kursk, Moscow, Budapest, Kyiv, “, Ukrainian

After winning in Washington, the first game of a daunting second-half schedule, do the Pittsburgh Steelers belong in the Super Bowl conversation? Setting aside how they compare to the rest of the NFL in 2024, how do you feel this year’s edition compares to the Chiefs teams of the past two seasons? Good teams, remember, almost always get fortuitous bounces and kind calls. This Chiefs team is more balanced and more well-rounded. And so, although the delivery may differ, this Chiefs team is just as equipped to make a Super Bowl run as any of the previous iterations.

Persons: Daniels, Baker Mayfield, BAKER, J. W Organizations: Chiefs, Steelers, Falcons, Bucs, 49ers Locations: New Orleans

WASHINGTON — President-elect Donald Trump’s ambitious agenda could face pushback from an institution he has done much to shape: the Supreme Court. With a 6-3 conservative majority including three Trump appointees, the court has spent the last few years buffeted by criticism from the left. The Trump administration also suffered a big loss when in 2020 the court ruled 6-3 to extend workplace discrimination protections to LGBTQ employees, a decision that angered conservatives. During the Biden years, the court has set new precedents while ruling against the administration that in theory apply to Trump too. “The Supreme Court supermajority has given us no reason to expect that it will be anything other than be a rubber stamp for his worse impulses,” said Alex Aronson, who runs Court Accountability, a left-leaning legal group.

Persons: Donald Trump’s, Biden, ”, John Malcolm, Brianne, “ Trump, Trump, Jonathan Adler, Amy Coney Barrett, Joe Biden, Ketanji Brown Jackson, Stephen Breyer, wasn’t, Adler, “, Alex Aronson, “ They’ve Organizations: WASHINGTON, Trump, Heritage Foundation, Case Western Reserve University School of Law, Congress

☆ See Pesto the viral baby penguin grow up as he sheds brown feathers in new photos
▼ + stars: | 2024-11-09 | by ( Dan Aulbach | Dan Aulbach Is An Editorial Intern For | ) www.nbcnews.com time to read: +2 min

Pesto before shedding his brown feathers in exchange for new waterproof ones in his enclosure at Australia's Sea Life Melbourne. SEA LIFE Melbourne AquariumPesto, who lives at the Sea Life Melbourne Aquarium in Australia, is nearing the final stages of his first molt. While king penguin chicks’ brown feathers are insulating, they are not waterproof, which is where their adult plumage comes in handy. Pesto is expected to start swimming with other king penguin chicks when the molting process is done. Many of the other penguins at Sea Life Melbourne Aquarium has taken an interest in Pesto, per the aquarium’s website.

Persons: Alex Frank, Pesto, Blake Organizations: SEA, Aquarium Pesto, Melbourne Aquarium, TODAY.com, Melbourne Locations: Melbourne, Australia, Pesto

Alex Brandon/APSusie Wiles, the understated yet formidable force behind Donald Trump’s third presidential bid, has operated in a sphere of discretion, wielding influence without the spotlight. “Susie likes to stay sort of in the back,” Trump said Wednesday as he called on her to address his West Palm Beach victory party. Yet, for many of Trump’s closest allies, it is precisely Wiles’ unassuming style that has assured her longevity. Since Trump’s turbulent departure from Washington, Wiles has deftly steered his political apparatus from Mar-a-Lago, instilling a level of discipline and order rarely associated with the former president. Trump, in turn, has given her a fitting moniker: “The Ice Maiden.”Keep reading about Trump’s pick for White House chief of staff.

Persons: Susie Wiles, Alex Brandon, Donald Trump’s, Wiles, Trump, Susie, ” Trump, Chris LaCivita, Trump’s Organizations: Nashville International Airport, White, Trump, White House Locations: Pennsylvania, Washington, Mar

☆ Tony Todd, 'Candyman' and 'Final Destination' star, dies at 69
▼ + stars: | 2024-11-09 | by ( ) www.nbcnews.com time to read: +4 min

Tony Todd, an American actor known for leading the “Candyman” horror franchise as its eponymous hook-wielding ghost, died Wednesday at his home in Marina Del Rey, California. The film starred Virginia Madsen as a Chicago graduate student preparing a thesis on the legend of Candyman by investigating inner-city Chicago. “The great actor Tony Todd has left us and now is an angel. As the sympathetic slasher, Todd reprised the role of Candyman several times. Todd reprised his role in the new entry, which starred Yahya Abdul-Mateen II as an artist who becomes drawn into the Candyman legend.

Persons: Tony Todd, Alex Proyas, ” Michael Bay’s, Oliver Stone’s Oscar, ” Todd, Worf, Michael Dorn, Todd, Bernard Rose’s “, ”, Clive Barker, Daniel Robitaille, Virginia Madsen, Candyman, “, ” Madsen, Oscar, Bill Condon, Nia DaCosta, DaCosta, Jordan Peele, Win Rosenfeld, Yahya Abdul, Mateen, Wilson’s “ King Hedley II, ” Variety, Alex, Ariana Organizations: “, Klingon Defense Force, Toronto, Universal, Universal Pictures, NBC Universal, NBC, Washington , D.C, University of Connecticut, Eugene O’Neill National Theatre Institute, Boston, PlayStation Locations: American, Marina Del Rey , California, Chicago, Washington ,, Hartford, Pittsburgh, Seattle, Boston

☆ Diver finds graduation ring lost in the ocean almost 5 decades ago and surprises its owner
▼ + stars: | 2024-11-09 | by ( Graham Hurley | ) edition.cnn.com time to read: +4 min

CNN —A day before Morgan Perigo’s 83rd birthday last month, an unexpected package showed up on his doorstep. In it was the 1965 McMaster University graduation ring he lost in 1977. Diver Alex Davis shows Morgan Perigo's long-missing graduation ring. The search narrowed down the initials to a Frederick Morgan Perigo, who goes by Morgan, and the school immediately notified him. Perigo explained to McQuigge how he originally lost the ring in 1977 on a trip with his family to Barbados.

Persons: Morgan Perigo’s, Alex Davis, Davis, Hurricane Beryl, ”, We’ve, we’ve, Karen McQuigge, Diver Alex Davis, Morgan Perigo's, McQuigge, Frederick Morgan Perigo, Morgan, Perigo, Perigo –, ” Davis, “, ” McQuigge Organizations: CNN, McMaster University, “ McMaster University, FedEx Locations: Barbados

CNN —Qatar announced Saturday that it has paused its role as a mediator for a ceasefire in Gaza between Israel and Hamas due to a lack of willingness by the sides to reach an agreement. After months of stop-and-go negotiations, efforts to reach a ceasefire and hostage release deal – a top priority for President Joe Biden – remain stalled. Officials in Doha have also decided to close Hamas’ political office in the Qatari capital, a diplomat familiar with the decision told CNN. In April, Doha made a similar move in temporarily closing the Hamas office. As talks faltered, the Biden administration and Israel asked Doha to bring them back, the diplomat told CNN.

Persons: Majed Al, Ansari, Joe Biden –, “⁠, “, ”, ’, Hersh Goldberg, Polin, Biden, CNN’s Ibrahim Dahman, Kylie Atwood, Jennifer Hansler Organizations: CNN — Qatar, Qatari Foreign Ministry, Officials, CNN, ⁠ Doha, Qatar, White House National Security Council, “ Qatar, Qatari, Al, Israel Locations: Gaza, Israel, The State, Qatar, Doha, Cairo, Turkey

☆ Some Uber and Lyft drivers are asking riders to avoid the apps and pay in cash
▼ + stars: | 2024-11-09 | by ( Alex Bitter | ) www.businessinsider.com time to read: +4 min

Some Uber and Lyft drivers are striking deals with passengers for rides outside the apps. AdvertisementSome drivers for rideshare services like Uber and Lyft are offering passengers an alternative: Ditch the apps entirely, agree on a price, and pay them in cash or through an app like Venmo. But some rideshare drivers' pay is considerably lower than that — as little as $9 an hour, BI previously reported. AdvertisementRideshare drivers told BI that they often make less than half of what riders pay for the trip. One Uber driver in Massachusetts shared screenshots of a recent Uber trip that cost the rider about $156 — and paid the driver roughly $74 after Uber deducted its share plus taxes.

Persons: —, Uber, Michael Moya, Lyft, Moya Organizations: Service, Drivers, Business, Facebook, Uber Locations: Boston, Massachusetts

☆ Trump will shake the world up. Maybe that’s what it needs
▼ + stars: | 2024-11-09 | by ( Nick Paton Walsh | ) edition.cnn.com time to read: +9 min

To be clear: Trump does not inherit a world at peace, where America’s unquestioning role as a beacon of freedom and moral superiority has brought enduring calm. Yet Tehran now has experience of Trump as someone willing to be wildly incautious and unafraid of international norms. As President Joe Biden - who did all he could to avoid war with Iran - leaves power, Iran looks incredibly weak. But in the current moment we are at in the war, Ukraine is equally in need of time to regroup and rearm. Does Putin risk Trump taking greater personal offense if that same deal is later betrayed, and their entente exposed as a sham?

Persons: Donald Trump’s, George W, Bush, Pervez Musharraf, Trump, America’s, Benjamin Netanyahu, Alex Brandon, Vladimir Putin, Biden, Qasem Soleimani, Netanyahu, Joe Biden, Xi Jinping, Nina Liashonok, Volodymyr Zelensky, ”, Putin, bode Organizations: CNN, Biden, Trump, Israeli, ISIS, Iran’s Revolutionary Guard Corps, US, Ukraine, Residents, NATO, Putin Locations: America, Lago, Iran, Turkey, Syria, Afghanistan, Ukraine, Israel, Gaza, Lebanon, Baghdad, Tehran, China, Taiwan, Beijing, Moscow, Russia, Odesa, Europe

Tim Walz vowed to protect his state from President-elect Donald Trump’s “hateful agenda” while delivering remarks in Eagan, Minnesota, on Friday afternoon. “The other side spent a lot of time campaigning and talking about and promising that they would leave things up to the states. “The moment they try and bring a hateful agenda in this state, I’m going to stand ready to stand up and fight,” said the 60-year-old governor as supporters applauded. “As long as I’m governor of Minnesota, we will defend our kids’ freedom to go to school without worrying about being shot dead in their classroom,” said Walz. After promising to fight against the Trump-Vance agenda, he extended an olive branch to Trump-supporting Minnesotans.

Persons: Tim Walz, Donald Trump’s, ”, Walz, Kamala Harris, Vance, “, ” Walz, we’ll Organizations: Minnesota Gov, Democratic, Trump Locations: Minnesota, Eagan , Minnesota

In President-elect Trump, these ascendant insurgents across the pond see a key ally, someone who shares their mix of authoritarianism, populism and extreme hostility to immigration. “We have big plans for the future!” posted Hungary’s Prime Minister Vikor Orbán, an influential Trump friend and ally, calling it “a much needed victory for the World!”Orban visited Trump at his Mar-a-Lago resort in Florida earlier this year. Hungarian Prime Minister Viktor Orban at an EU Summit in Budapest on Friday. The AfD is an anti-immigration, anti-Muslim political party that is being monitored by the country’s domestic intelligence agency for suspected extremism — something it denies. Argentina’s far right, libertarian president, Javier Milei, told Trump he could “count on Argentina to carry out your task.” And Israel’s ultranationalist National Security Minister Itamar Ben-Gvir reacted with a “Yesssss.”

Persons: Donald Trump’s, ”, Vikor Orbán, Trump, ” Orban, András, “, László, aren’t, Viktor Orban, Petr David Josek, Geert Wilders, Giorgia Meloni, Alice Weidel, Stefan Keuter, Christoph Reichwein, Siegbert Droese, ” Stefan Keuter, Vladimir Putin, Putin, Keuter, “ Trump, Javier Milei, Itamar Ben, Gvir Organizations: Trump, Hungary’s, Fidesz, NBC, EU, Washington, WIN, Getty, NBC News, Young Republicans, Nazi, National Locations: Lago, Florida, Budapest, Netherlands, Italy, Washington, Rome, Germany, Essen , Germany, Ukraine, Europe, Argentina

WASHINGTON — Republicans are gearing up to lock in their remake of the judiciary under President-elect Donald Trump and a new Senate majority, including potentially installing several more conservative Supreme Court justices. Conservatives are prepared for Supreme Court retirements, with the most attention on Justice Samuel Alito, 74. GOP won't pursue Supreme Court ethics rulesTrump already transformed the federal courts in his first term, appointing 54 appeals court judges and 174 district court judges, many of whom are closely linked with the Federalist Society, a conservative legal group. Biden has made his own mark on the judiciary, appointing 210 district and appeals court judges in total, including 44 appeals court judges, falling just short of Trump’s total. “We’ll quit beating up the Supreme Court every time we don’t like the decision they make,” he said.

Persons: Donald Trump, — Trump, Trump, Samuel Alito, Alito, ”, Mike Davis, “ That’s, — John Thune, John Cornyn, “, ” Cornyn, Thune, Trump’s, Clarence Thomas, Roe, Wade, John Malcolm, Franklin D, Roosevelt, — Neil Gorsuch, Brett Kavanaugh, Amy Coney Barrett —, Biden, Davis, Thomas, Don McGahn, ’, you’ve, Sonia Sotomayor, Ruth Bader Ginsburg, Trump's, Barrett, “ Sonia Sotomayor, Sotomayor, Alex Aronson, Sotomayor didn’t, Chuck Grassley, Sen, Grassley, Josh Hawley, Trump hasn’t, Malcolm, Andrew Oldham, Amul Thapar, JD Vance’s, Usha Vance, Thapar, Judge James Ho, Neomi Rao, Patrick Bumatay, Joe Biden hasn’t, Russell Wheeler, Leonard Leo, Leo, Mitch McConnell, shepherded, “ We’ll Organizations: WASHINGTON, Republicans, Democratic, Senate, Trump, GOP, Heritage Foundation, “, White, NBC, NBC News, Committee, Circuit, Appeals, U.S ., District of Columbia Circuit, Republican, Institution, Federalist Society, Supreme, Court Locations: West Virginia , Montana and Ohio, Texas, Iowa, New Orleans, Cincinnati, San Francisco, Ky

☆ Tesla was the top ‘Trump trade’ of the week, along with some energy and financial stocks
▼ + stars: | 2024-11-08 | by ( Alex Harring | ) www.cnbc.com time to read: +3 min

Tesla and a handful of other so-called Trump trades led the market rally this week as investors welcomed the Republican's victory in the presidential election. Excluding stocks that reported earnings this week, some of the best performers were those viewed as tied to Donald Trump 's win. Trump trades can earn that title by being part of sectors such as financials or energy viewed as beneficiaries of his expected shifts away from regulation, among other things. CNBC screened for the Trump trade names that led the index higher this week and did not report earnings. The electric vehicle maker is one of the best-known Trump trades given CEO Elon Musk 's advocacy for the president-elect on the campaign trail.

Persons: Tesla, Donald Trump, Trump, Elon Musk, LSEG, John Murphy, Murphy, Elon Musk's, Baker Hughes Organizations: Trump, Monday, Federal Reserve, CNBC, Bank of America Locations: Texas

☆ CNBC Daily Open: Powell emphasizes that elections won't sway Fed's policy
▼ + stars: | 2024-11-08 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +3 min

Andrew Caballero-Reynolds | AFP | Getty ImagesThis report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Powell, in yesterday's press conference, maintained that "the election will have no effect on our policy decisions." According to the futures market, just 30.4% of traders think the Fed will cut rates again in January. "By December, we'll have more data, I guess one more employer report, two more inflation reports and lots of other data," Powell said.

Persons: Jerome Powell, William McChesney Martin Jr, Andrew Caballero, Reynolds, Jim Reid, Trump, Scott Helfstein, Powell, we'll, that's, —, Jeff Cox, Lisa Kailai Han, Hakyung Kim, Jesse Pound, Alex Harring Organizations: Federal Reserve, AFP, Getty, CNBC, Deutsche, Tech, Apple, Nvidia, Nasdaq, Dow Jones, Global, Congress, Fed Locations: Washington , DC

☆ CNBC Daily Open: Powell maintains that elections won't sway Fed's policy
▼ + stars: | 2024-11-08 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +3 min

Kent Nishimura | Getty ImagesThis report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Powell, in yesterday's press conference, maintained that "the election will have no effect on our policy decisions." "By December, we'll have more data, I guess one more employer report, two more inflation reports and lots of other data," Powell said. — CNBC's Jeff Cox, Lisa Kailai Han, Hakyung Kim, Jesse Pound and Alex Harring contributed to this report.

Persons: Jerome Powell, Kent Nishimura, Jim Reid, Trump, Scott Helfstein, Powell, we'll, that's, —, Jeff Cox, Lisa Kailai Han, Hakyung Kim, Jesse Pound, Alex Harring Organizations: FTSE, Federal, CNBC, Deutsche, Tech, Apple, Nvidia, Nasdaq, Dow Jones, Global, Congress, Fed Locations: GDAXI, Washington, Washington , DC

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