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The Cantor Fitzgerald CEO has led and been the public face of Trump’s transition. As co-chair of Trump's transition, Lutnick has been an outspoken advocate for Trump’s agenda, including explaining how he plans to use tariffs once in office. Lutnick is the CEO and chairman of financial services titan Cantor Fitzgerald. Adam Gray / Bloomberg via Getty Images fileLutnick has been at Cantor Fitzgerald since the early 1980s when he graduated from Haverford College in Pennsylvania with an economics degree. Lutnick was working at Cantor Fitzgerald when terrorists targeted New York’s World Trade Center towers on Sept. 11, the firm's headquarters.
Persons: Donald Trump, Howard Lutnick, Cantor Fitzgerald, Lutnick, Adam Gray, Trump, Lutnick's, Elon Musk, evincing Organizations: WASHINGTON, Commerce Department, The Commerce Department, Bloomberg, Getty, Haverford College, New, Trade, Punchbowl News, Trump, Treasury, Elon, ‘ Department, Government Locations: United States, New York, Pennsylvania
Paul Teal, a TV and stage actor who appeared on shows including “One Tree Hill,” died Friday in Raleigh, N.C. Teal’s death was confirmed by a representative for the actor, with the cause of death revealed as cancer. “You were my soulmate, my soon-to-be-husband, my rock, and my future,” Torello wrote in a post on Instagram. “Later, I was giddy to be directing an episode of One Tree Hill where I’d get to cast a new recurring character, Josh-the sleazy movie star. Teal was also known for his theater roles, playing leads in “Newsies,” “Sweeney Todd” and “Rent” at opera and theater houses across the country.
Persons: Paul Teal, , Emilia Torello, Torello, ” Torello, , ” Teal, Josh, Alex, Jana Kramer, Bethany Joy Lenz, Teal, ” Joy Lenz, I’d, Paul, ” “ Sweeney Todd ” Organizations: TMZ, Locations: Raleigh, N.C,
The family of a 30-year-old Hawaii resident is searching for her in Los Angeles after she missed a connecting flight, sent unusual text messages and then went silent, the relatives said. The next day, she sent concerning text messages to loved ones, family members said. The three were part of a larger group of family members and loved ones who gathered in Los Angeles in recent days to launch a search effort. Family members said they couldn't speak about it in detail because they don't want to hinder investigators. The group gathered in Los Angeles is focusing its own search on the intersection of Pico Boulevard and Hill Street, near the Convention Center, LA Live and Crypto Arena, family members said.
Persons: Hannah Kobayashi, Larie Pidgeon, Kobayashi, Kobayashi's, Pidgeon, Larie, Hannah Midori Eve Kobayashi, Facebook Pidgeon, Tony Im, ” Pidgeon, Geordan Montalvo, Geordan, It's, Father Ryan Kobayashi, I’ve, , KHNL, Elsa Lam, Hannah Organizations: Los Angeles International Airport, Nike, NBC News, Facebook, of Modern, Los Angeles International Airport Police Department, FBI, Los Angeles Police Department, LAPD, NBC, LAX, RAD, Convention, LA, Crypto, Los Angeles . Security Locations: Hawaii, Los Angeles, New York City, Maui, New York, Grove, Beverly Grove, The Grove, Honolulu, San Diego County , California, Pico Boulevard, Hill, Angeles
Trump escalates test of strength over Gaetz pick
  + stars: | 2024-11-19 | by ( Stephen Collinson | ) edition.cnn.com   time to read: +10 min
Video Ad Feedback Lawyer describes client's testimony in House Ethics Committee investigation of Gaetz 03:04 - Source: CNNThe Ethics Committee report has quickly become the first big crisis of the nascent second Trump administration. A small handful of Republican senators would be needed to defect in order to block Gaetz’s nomination when the party controls the Senate majority next year. GOP senators could pay a price for a prolonged confirmation fightIf Trump sticks with his pick, Republican senators feeling the MAGA movement’s pressure could be forced to defend Gaetz for weeks. Maine Sen. Susan Collins told CNN’s Raju that it would be “helpful” to see the House Ethics report. “Whether we get the ethics report or not, the facts are going to come out one way or the other,” Cornyn said.
Persons: Donald Trump, Matt Gaetz, Joel Leppard, CNN’s Erin Burnett, Gaetz, Mike Johnson, Trump, Dakota Sen, Kevin Cramer, ” Cramer, CNN’s Manu Raju, MAGA, Cramer, Pete Hegseth, Robert F, Kennedy Jr, Florida Republican –, Capitol Hill, it’s, Washington Trump, Bill Clinton, Zoë Baird, Kimba Wood, Maine Sen, Susan Collins, CNN’s Raju, Texas Sen, John Cornyn, ” Cornyn, , Johnson, Susan Wild of, won’t, , ” CNN’s Kristen Holmes, Axios, Kennedy, Hegseth, Tulsi Gabbard, It’s Organizations: CNN, Florida Republican, Justice Department, Trump, Gaetz, Fox News, Human Services Department, GOP, Capitol, FBI, Democrat, , National Intelligence, Senate, Republican, North Dakota Republican Locations: Dakota, Washington, Texas, Susan Wild of Pennsylvania
Mauro Pimentel/AFP/Getty ImagesThe moment was a fluke, the type of logistical error that’s almost inevitable at gatherings of almost two dozen world leaders. Yet it was difficult to ignore the impression it left: that Biden is disappearing from view as the world turns its attention to his successor. What members of Biden’s team have been willing to acknowledge is how little they actually know about what Trump and his team may be planning. In Lima and Rio de Janiero, Biden fielded no questions from the press and his aides spoke only off-camera. Reporters had opportunities to ask Biden questions at the G20 summit in Rome in 2021, in Bali in 2022, and in Vietnam in 2023, following the summit’s conclusion in India the prior day.
Persons: Joe Biden’s, Donald Trump, Trump, Biden, I’m, , ” Biden, he’s, Xi, India’s Narendra Modi, Turkey’s Recep Tayyip Erdoğan, Justin Trudeau, Mauro Pimentel, Erdogan, Trump’s, , ” Trump, Javier Milei —, , elect’s, ” Biden’s, Tulsi Gabbard, Pete Hegseth, Jake Sullivan, “ They’ll, White, Janiero, Sullivan, India’s Modi, Emmanuel Macron, Olaf Scholz, Barack Obama, Obama, we’re, ” Obama Organizations: Rio de Janeiro CNN, Trump, Biden, Canadian, Photographers, Getty, “ YMCA, Pentagon, White, Seven, NATO, Lima Convention Center, APEC Locations: Rio de Janeiro, South America, Peru, Brazil, AFP, Lago, Florida, America, Lima, Rio, Finland, Rome, Bali, Vietnam, India, France, Paris, Berlin, United States
Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. Jim Cramer said he is "anticipating volatility" in the stock if the company doesn't deliver a clean print. 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, We're, Jim, Coterra, Joe Biden, Donald Trump, We've, TJ, Stocks, Jim Cramer's Organizations: CNBC, Palo Alto Networks, Alto, Coterra Energy, TJX, Marshalls, Trump, Walmart Locations: Ukraine, Russia
Hugh Grant recently opened up about the challenges — and perks — of having kids later in life. Related Video"But I had them much too old in life you know, I started when I was 52," he said. AdvertisementHaving children later in life has helped him as an actor, Grant said. The dad of five, however, said that having kids is nice. She added that having children later also means that she's more emotionally secure.
Persons: Hugh Grant, Grant, Hill, Maria, Tinglan Hong, Anna Eberstein, Kelly Clarkson, Caitlin Weaver, Weaver, Ryan Crawley, Crawley Organizations: Business Insider, BI
In the last Congress, Democrats repeatedly helped Republicans keep the government open and propped up Speaker Mike Johnson when he faced a challenge to his leadership post. He even tapped other senior House Democrats to echo his message to the Biden team, according to another person familiar with the efforts. Still, unlike some in his party, Jeffries is not in despair, according to multiple people familiar with his thinking. But Democrats say Jeffries — alongside Senate Majority Leader Chuck Schumer, who will serve as minority leader in the next Congress — might be the best person to at least try. Internal party sparringOne of Jeffries’ toughest tasks will be keeping Democrats unified on immigration despite the many intraparty divisions.
Persons: Hakeem Jeffries, Jeffries —, Donald Trump, Jeffries, , , Emanuel Cleaver, he’s, ” Jeffries, Mike Johnson, Trump, Rosa DeLauro, Harris, who’ve, Joe Biden, Kamala Harris, overperformed Harris, , Chuck Schumer, , Gregory Meeks, Pramila Jayapal, Jim McGovern, Johnny Cash’s, McGovern, Chip Somodevilla, That’s, That’s James Madison’s, Jeffries didn’t, I’m, Henry Cuellar, ” Cuellar, Cuellar, Gabe Vasquez, Susie Lee of, Scott Peters, Scott Peters of California —, Anna Padilla, Democrats ’, CNN’s Ali, Haley Talbot Organizations: CNN, Democratic Party, House Democratic, Congressional Hispanic Caucus, Progressives, GOP, Capitol, Republicans, Biden, White, Democrats, Democratic, New York Democrat, Progressive, Getty, House Democratic Caucus, Congressional Hispanic, Scott Peters of, Bloomberg Locations: Washington, Yorker, Back, New York, , Washington ,, New Mexico, Susie Lee of Nevada, Scott Peters of California, Albuquerque , New Mexico
And Gaetz himself has been making calls to GOP senators and visiting his own loyalists in the House GOP. The pressure is all building ahead of a planned Wednesday meeting of the House ethics panel, which is expected to discuss the fate of the report. But privately, Republicans on the panel are signaling that they could bury the report as Gaetz and Trump are making direct appeals. In a call last week to GOP Sen. Josh Hawley, Gaetz urged him “to give him a shot,” Hawley told CNN. Meanwhile, nearly 100 House Democrats are calling on the House Ethics Committee to “immediately” release the report.
Persons: Matt Gaetz, J.D, Vance, Donald Trump’s, Gaetz, GOP Sen, Chuck Grassley, we’ve, ” Grassley, “ You’ve, , Sen, John Kennedy, Pete Hegseth, Elise Stefanik, Doug Collins, Trump, Lindsey Graham, Judiciary —, Josh Hawley, , ” Hawley, Hawley, Mike Simpson, ” Simpson, , Simpson, Kevin McCarthy, “ Matt, Rogers, Gaetz wouldn’t, Tim Burchett, he’s, Glenn Ivey, Ivey Organizations: CNN, GOP, Capitol Hill, Republican, Trump, Louisiana Republican, Fox News, Department of Defense, United Nations, Veterans Affairs, Judiciary, House, Caucus, Missouri Republican, Republicans, Armed, Democrats, Capitol, Florida congressman, ” Democratic, Maryland Locations: Trump, Louisiana, United, Gaetz, Florida
A few years into being engaged, they decided against marriage but stayed together. Uthe, an entrepreneur, said the risk of divorce made her worried about the future of her business. While we both respect marriage, we ultimately decided it wasn't for us. It's made us firmer in our decision to stay together without marriage; we don't believe in pushing ourselves toward something we don't want. AdvertisementWe tell people we're like Goldie Hawn and Kurt Russell, who have been together for 40 years but never married.
Persons: Adrienne Uthe, Eric, Bumble, I've, who's, doesn't, we've, It's, Goldie Hawn, Kurt Russell, I'm Locations: Salt Lake City, Las Vegas, Utah
Interchange fees, also known as swipe fees, are paid from a merchant's bank account to the cardholder's bank, whenever a customer uses a credit card in a retail purchase. "In 2023 alone, Visa and Mastercard charged merchants more than $100 billion in credit card fees, mostly in the form of interchange fees," Durbin told the committee. Visa and Mastercard, however, stand by their swipe fees. But the current high credit card swipe fees for retailers translate to higher prices for consumers, the National Retail Federation told the committee in a letter ahead of the hearing. "Last year, the average American spent $1,100 in swipe fees, more than they spent on pets, coffee or alcohol."
Persons: Bill Sheedy, Linda Kirkpatrick, Democratic Illinois Sen, Dick Durbin, Durbin, Republican Kansas Sen, Roger Marshall, Ryan McInerney, Sheedy, Americas Linda Kirkpatrick, Dodd, Frank, Roger Alford, General Merrick Garland Organizations: Visa, Americas, Mastercard, Committee, Democratic Illinois, Republican Kansas, Credit, National Retail Federation, Notre Dame University Locations: Washington ,
Rafael Nadal: Farewell to the ‘King of Clay’
  + stars: | 2024-11-19 | by ( Matias Grez | ) edition.cnn.com   time to read: +16 min
Rafael Nadal serves during a French Open match in 2018. Frank Coppi/Popperfoto/Getty Images Nadal, 13, competes at a junior tournament in France in 2000. Alessia Pierdomenico/Pool/Getty Images Nadal, center, listens to the Spanish national anthem after winning gold at the Beijing Olympics in August 2008. Hannah Peters/Getty Images Nadal carries Spain’s flag during the Olympics opening ceremony in Rio de Janeiro in 2016. Clive Brunskill/Getty Images Nadal receives the Camino Real Award from Spain’s King Felipe in September 2022.
Persons: Rafael Nadal, Nadal, ” Roger Federer, , ” Novak Djokovic, “ I’ve, ” Serena Williams, , Carlos Moyá, Andy Roddick, Federer, ” Federer, Andre Agassi’s, Clay, Christophe Simon, Toni, Frank Coppi, Manuel Blondeau, Friedemann Vogel, Al Bello, Juan Carlos Ferrero, Tommy Robredo, Jordi Arrese, Carlos Moya, Clive Brunskill, Nick Laham, Mariano Puerta, Christophe Ena, AP, Roger Federer, Dani Cardona, Philippe Chatrier, Anja Niedringhaus, Simon Bruty, Alessia, Chile’s Fernando Gonzalez, Serbia’s Novak Djokovic, Behrouz Mehri, Andrew Brownbill, AP Nadal, Juan Martin del Potro, Djokovic, Andy Murray, Fernando Verdasco, Nikolay Davydenko, Robin Soderling, Julian Finney, David Ramos, Iker Casillas, Alex Livesey, David Saffran, Ho, David Ferrer, Charles Platiau, Reuters Nadal, Suzanne Plunkett, Jaime Reina, Hannah Peters, Franck Fife, Stan Wawrinka, Daniel Leal, Aly Song, Philippe Lopez, Adrian Dennis, Daniil Medvedev, Eduardo Munoz Alvarez, Maria Francisca Perello, Fundacion Rafa Nadal, Fred Lee, Alexander Zverev, Thomas Samson, Casper Ruud, Spain’s King Felipe, Jesus Hellin, Laver Cup Federer, Ella Ling, Shutterstock Nadal, ” Thibault Camus, Carl Lewis, Nadia Comăneci, Serena Williams, Alex Pantling, Spain's Carlos Alcaraz, Patricia de Melo Moreira, Manu Fernandez, Pete Sampras, Robin Söderling, Roland Garros, that’s, Alex de Minaur, Rafa, Taylor Fritz, , hadn’t Organizations: CNN, Davis, ATP, Spain, Nadal, Miami, Getty, Hamburg Masters, Miami Seaquarium, Team Spain, AP Nadal, Wimbledon, Federer, Spanish, Beijing, AP, FIFA, Qatar, Qatar Tennis Federation, Reuters, Paris Masters, Mallorca ”, AFP, Fundacion, Camino, Spain’s, Europa Press, Laver, Laver Cup, Paris Olympics, Spaniard, CNN Sport, Court, ” ATP Locations: Spanish, Spain, Netherlands, Mallorca, AFP, France, Germany, Palma , Spain, Monaco, Doha, Qatar, Ho New, Rio de Janeiro, Paris, London, Málaga
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailLightning Round: Coterra Energy is far superior to Devon Energy'Mad Money' host Jim Cramer weighs in on stock including: Transmedics, Amphenol, and Devon Energy.
Persons: Jim Cramer Organizations: Coterra, Devon Energy
Crude oil futures edged slightly lower on Tuesday, after rallying about 3% in the prior session on fears that the war between Ukraine and Russia is escalating. President Joe Biden has authorized Ukraine to use long-range missiles to hit targets in Russia in a major departure from Washington's previous position, according to media reports. ET:Stock market futures fell on the growing geopolitical tensions, with Dow futures down more than 200 points. President-elect Donald Trump campaigned on ending the war in Ukraine. Moscow's full-scale invasion of Ukraine roiled global energy markets in 2022 as European nations sought to end their dependence Russian natural gas.
Persons: Joe Biden, Vladimir Putin, Donald Trump Organizations: Dow Locations: Ukraine, Russia, Moscow's
Jim Cramer weighs in on Liberty Energy
  + stars: | 2024-11-19 | by ( Jim Cramer | ) www.cnbc.com   time to read: 1 min
Jim Cramer weighs in on Liberty Energy'Mad Money' host Jim Cramer takes a closer look at Liberty Energy after its CEO was tapped by Trump to take over energy department.
Persons: Jim Cramer Organizations: Liberty Energy, Trump
AP —Iran has defied international demands to rein in its nuclear program and has increased its stockpile of uranium enriched to near weapons-grade levels, according to a confidential report by the United Nations’ nuclear watchdog seen Tuesday by The Associated Press. Uranium enriched at 60% purity is just a short, technical step away from weapons-grade levels of 90%. The IAEA also estimated in its quarterly report that as of Oct. 26, Iran’s overall stockpile of enriched uranium stands at 6,604.4 kilograms (14,560 pounds), an increase of 852.6 kilograms (1,879.6 pounds) since August. Western diplomats consider censuring IranIran last week offered not to expand its stockpile of uranium enriched up to 60%, during a visit to Tehran by the IAEA chief, Rafael Mariano Grossi. In the past, Iran has responded to resolutions by the IAEA Board of Governors by further enhancing its nuclear program.
Persons: Donald Trump’s, Rafael Mariano Grossi, Grossi, Iran’s, Mohammad Eslami, Abbas Araghchi, Masoud Pezeshkian, , Eslami, Donald Trump Organizations: AP, United Nations, Associated Press, International Atomic Energy Agency, IAEA, Hamas, America, Agency, Governors, Atomic Energy Organization of, Iranian Locations: Iran, Israel, Gaza, Tehran, Iran Iran, Fordow, Vienna ., Atomic Energy Organization of Iran, Vienna, Isfahan
Kansas City Chiefs (9-1)Last week: 1Sunday: Lost 30-21 to Buffalo BillsSeat temperature check: GoldThat’s not a typo that should read cold. John Harbaugh is the second-longest tenured NFL head coach, but he just fell to 15-21 in head-to-head matchups against the longest-tenured one (Pittsburgh’s Mike Tomlin). Up next: ByeLast week: 16Sunday: ByeSeat temperature check: RoomTodd Bowles has won two division titles in the last two years. Carolina Panthers (3-7)Last week: 27Sunday: ByeSeat temperature check: CoolNobody’s really on solid ground when David Tepper is running the show. With new minority owner Tom Brady in the building, it seems unlikely majority owner Mark Davis will stand pat with Pierce as head coach.
Persons: Doug Pederson, Matt Eberflus, We’ve, Dan Campbell, Carlton Davis, Sean McDermott, McDermott, Sando’s, Andy Reid’s, Reid, Don Shula, Watt, Barry Reeger, Mike Tomlin, Nick Sirianni, Sirianni, Jim Harbaugh, Jordan Love, Matt, hasn’t, Kevin O’Connell, O’Connell, Kirk Cousins, Brian Flores, 9QaYv6wJSV — Phil Mackey 🎙, ike, ike T omlin), eason, ean, enver, ayton, ake, alf, eno, mith, ike M, ince, enver B, alcons’, hird, orst, ailey, rey, hase, , ike P etraglia, ike M cDaniel, ade, ennis, assing, obert, ong, aron, odgers-, hough, ames, rian D, orth, avis, s., roncos,, ittsburgh, rian C allahan, ike V, aguars Organizations: NFL, Detroit Lions, Beat Jacksonville Jaguars, Lions, Jaguars, Detroit, Patriots, Indianapolis Colts, Beat Kansas, Bills, Super, Chiefs, Kansas City, AFC, Steelers, Kansas City Chiefs, Buffalo Bills, Carolina Panthers, Sunday’s, Ravens, Beat Baltimore Ravens, Pittsburgh, Cleveland Browns, Los Angeles Rams, Beat Chicago Bears, Packers, San Francisco 49ers, Beat Tennessee Titans, Chicago Bears, ust, ards, G M:, ashington, FC, mong, yle, hampionship, ats, ets, eff, ard Locations: Detroit, Buffalo, Kansas, Pittsburgh, Philadelphia, ards
AdvertisementX has added Twitch as a defendant in a suit accusing advertisers of colluding to withhold ad spend. Ad revenue on X has plummeted since Elon Musk acquired the platform in 2022. Elon Musk's X is suing Twitch, alleging that the Amazon-owned video streaming platform and other companies illegally conspired to boycott advertising on the platform formerly known as Twitter. Twitch, X, and the WFA didn't immediately respond to requests for comment made by Business Insider outside normal US business hours. Musk's own behavior on and off the platform — including famously telling advertisers who boycotted X to "go fuck yourself" — hasn't encouraged advertisers to place their budgets there, either.
Persons: Elon Musk, Elon Musk's, Twitch, Stephan Loerke, it's, Ørsted, Twitch —, X's, hasn't, Jim Jordan, Donald Trump's, Abraham Yousef, Yousef Organizations: Global Alliance of Responsible Media, Elon, Twitter, Federation, WFA, Business, Unilever, CVS Health, Twitch, Google, Committee, WPP, Diageo, Tower Locations: Texas, Ohio
Cramer's Lightning Round: Amphenol is a 'terrific stock'
  + stars: | 2024-11-19 | by ( Julie Coleman | ) www.cnbc.com   time to read: 1 min
Stock Chart Icon Stock chart icon Freeport-McMoRan's year-to-date stock performance. Freeport-McMoRan : "I don't like the copper stocks, and copper doesn't yield a lot here...I just don't want to own." Stock Chart Icon Stock chart icon TransMedics' year-to-date stock performance. Stock Chart Icon Stock chart icon Amphenol's year-to-date stock performance. Stock Chart Icon Stock chart icon Devon Energy's year-to-date stock performance.
Persons: TransMedics, Devon Energy's Organizations: Devon, Devon Energy Locations: McMoRan's, McMoRan, Devon
Tuesday, November 19, 2024: Cramer on how geopolitical tensions could bolster this cybersecurity stockJim and Jeff discuss the the potential tailwinds for this cybersecurity stock. They also talk about the positive moves for this energy stock. Finally, they break down the latest news from this semiconductor stock.
Persons: Cramer, Jeff
A report by Mental Health America found that 85% of workers reported job stress affected their mental health. Impact on productivity and health care expensesStruggling with mental health can lead to diminished quality of life and decreased motivation at work. A study of people with employer-sponsored health coverage found that 27% of the top 10% of health care spenders had behavioral health needs, accounting for 57% of total health care costs. The goal is to make every interaction within the health care system a chance to promote mental health, treating it like routine physical checkups. Enhance access to mental health services through virtual careWith an anticipated shortage of about 245,000 behavioral health professionals by 2025, the need for accessible mental health services is more pressing than ever.
Persons: spenders, UnitedHealthcare, , onboarding Organizations: Mental Health America, EAP, Insider Studios
AdvertisementJensen Huang made a bold prediction that computing power will increase a millionfold in a decade. So-called "scaling laws" observe that AI models get smarter with more computing power. Nvidia CEO Jensen Huang has said that the computing power driving advances in generative AI is projected to increase by "a millionfold" over the next decade. In a special address on Monday, the billionaire chip boss told an industry conference in Atlanta that computing power was seeing a "fourfold" increase annually. OpenAI, for instance, is facing slower rates of improvement with its upcoming AI model, Orion, according to The Information.
Persons: Jensen Huang, Huang, Ilya Sutskever, they've Organizations: Nvidia, Companies, Orion, Reuters Locations: Atlanta, Silicon Valley
China's President Xi Jinping (L) and Peru's President Dina Boluarte shake hands during a meeting at the government palace in Lima on November 14, 2024, on the sidelines of the Asia-Pacific Economic Cooperation (APEC) Summit. Beijing is strengthening economic ties in Latin America as it seeks to further bolster trade and gain influence in the resource-rich region, experts told CNBC. "The completion of Chancay Port will effectively consolidate Peru's role as a gateway linking shipping routes across land and sea, and between Asia and Latin America," the spokesperson said Friday. Experts say that the port cements China's growing position as a top trade partner of Peru and the rest of Latin America, as it supplants the U.S. in its own backyard. "The port of Chancay is seen as a game changer in the logistics of Latin America," Juan Carlos Ladines Azalia, professor of international affairs and international trade management at Peru's Universidad del Pacífico, told CNBC.
Persons: Xi Jinping, Dina Boluarte, William Reinsch, Scholl, Reinsch, Lin Jian, Juan Carlos Ladines Azalia Organizations: Economic Cooperation, Summit, CNBC, China, Business, Center for Strategic, International Studies, Foreign Ministry, Peru's Universidad del Pacífico Locations: Lima, Asia, Beijing, Latin America, China, Peru, Shanghai, Peruvian, Chancay, America, Port
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Art on the auction blockA little more than half of Phillips, Christie’s and Sotheby’s sales — which will carry the three aforementioned art pieces — were based in New York, where 34 of the top 50 auction lots were sold in 2023, according to an Art Basel and UBS Art Market Report. Christie’s is auctioning 689 lots this week as part of the November art auctions. But Todd Levin of Levin Art Group was skeptical that tax cuts would do much for the art market. Interest ratesAnother drag on the art market over the last few years: high interest rates. A signal for what’s to comeNew York’s art auctions in the spring and fall could be a sign of things to come for the global art market, according to Woodham.
Persons: Maurizio Cattelan’s, , Andy Warhol’s “, Rene Magritte’s “, Sotheby’s, Phillips, Merrill Lynch, Donald Trump, Alex Glauber, ” Glauber, Christie’s, René Magritte, Marc Porter, Hiroko Masuike, Trump, bode, Todd Levin, “ It’s, Doug Woodham, , Fernando Botero's, Kena Batancur, Glauber, Amy Whitaker, , ” Whitaker Organizations: New, New York CNN, Andy Warhol’s “ New York Skyscrapers, of, Christie’s, Association of Professional Art Advisors, CNN, Art Basel, UBS Art, New York Times, UBS Survey, Global, Trump White, Levin Art, Federal Reserve, Trump, NYU Steinhardt Locations: New York, Belgian, Christie’s Americas, Woodham, AFP, Miami
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