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But the Supreme Court’s upcoming and potentially explosive transgender care case is dividing conservatives, with many of those same groups backing Tennessee’s ban on puberty blockers and hormone treatments, which critics say injects the state into family medical decisions and overrides parental rights. Tennessee, and many conservatives who support the state’s position, argues parental rights aren’t a factor in the case. Conservative groups have lined up in federal courts to make nearly identical parental rights arguments in other cases. That separate lawsuit specifically asked whether the state law violates the “fundamental right of parents” to make decisions about the medical care of their children. In allowing the Tennessee ban to take effect last year, a divided 6th US Circuit Court of Appeals brushed aside the parental rights arguments.
Persons: , Biden, ’ ”, Barbara Comstock, , Donald Trump, craziness ”, Nancy Mace, “ dooms ”, Tennessee –, , Alex Lundry, Mitt Romney’s, Sen, John McCain, Brian Burgess, Goodwin Procter, Steven Calabresi, William Eskridge, ” Eskridge, It’s, ” Melissa Moschella, “ It’s, ” Moschella, Mike DeWine Organizations: CNN, Conservative, Virginia Rep, Trump Republican, South Carolina Rep, Capitol, Supreme, GOP, Republicans, Republican Party, Republican, Republican National Committee, Northwestern University . Yale, University of Notre Dame, Federalist Society, , ” Ohio Gov, Ohio’s Republican Locations: Tennessee, . Tennessee, Wisconsin, Iowa , Kentucky, Missouri, , America, ” Ohio
The personal consumption expenditures price index, a broad measure that the Fed prefers as its inflation gauge, increased 0.2% on the month and showed a 12-month inflation rate of 2.3%. Both were in line with the Dow Jones consensus forecast, though the annual rate was higher than the 2.1% level in September. The annual rate was 0.1 percentage point above the prior month. Odds of a quarter percentage point reduction in the central bank's key borrowing rate were at 66% Wednesday morning, according to the CME Group's FedWatch measure. The release follows consecutive rate cuts by the Fed in September and November totaling three quarters of a percentage point.
Persons: Dow, Stocks Organizations: Federal, Commerce Department, Dow Jones, Nasdaq, Treasury, Fed, Labor
This week, bill pay service doxo released The Bill Pay Economy™ 2024. In the report, shared exclusively with CNBC Make It, doxoINSIGHTS found that Americans spend close to $3.35 trillion per year on the ten most common household bills. Using data sourced from bill pay activity on the doxo platform, and rent and mortgage numbers from the U.S. Census, they analyzed costs across the 50 largest cities in the country to rank the most — and least — expensive. "The biggest indicator of an expensive place to live is housing," Powell says. "People spend the most on where they live, whether that's mortgage or rent."
Persons: doxo, doxoINSIGHTS, Liz Powell, Powell Organizations: CNBC, Census, Utilities, Cable, Mobile, West Coast Locations: U.S, West, West Coast ., California
Demand for AI agents is giving birth to a new class of startups and VCs hungry to invest in them. It was a topic of conversation at the Evident AI Symposium in New York on Thursday. To take AI agents a step further, technologists and startup investors are fueling a shift to so-called multi-agent systems that coordinate several AI agents to complete more complex tasks more autonomously. Well, that's still being worked out, according to a number of tech executives at the Evident AI Symposium Thursday. Heitsenrether, speaking at the Evident AI conference, told the audience that, over time, she expects AI to be seamlessly embedded in an employee's workflow.
Persons: Danny Goldman's, Michael Lacorazza, Mako, It's, Jamie Dimon, Teresa Heitsenrether, Wall, they're, Gabriel Stengel, Kristin Milchanowski, Ganesh Organizations: Finance, Mako, Khosla Ventures, Bank, Goldman, JPMorgan, BMO Financial Group, of Cambridge Locations: New York, OpenAI
It's ramping up its efforts this holiday to get people to shop while watching TV. Walmart is making its biggest push yet this holiday season to get people to shop while watching TV by debuting its first feature-length movie. Walmart didn't share specific results of last year's experiment but made some key tweaks this time around:AdvertisementFirst, "Jingle Bell Love" is a feature film. Add the fact that shoppable TV doesn't always fit neatly into ad agencies' buying practices, and it's been slow to take off. Walmart"Jingle Bell Love" isn't the only way Walmart will try to get people to shop from their TVs this holiday season.
Persons: It's, Jack Cooper, Joey McIntyre, Michelle Morgan, it's, Aimee Roesler, NBCUniversal, there's, Chris Vollmer, UTA's MediaLink, Roku, we've, Roesler, Gilmore, Stuart Little Organizations: Walmart, CMT, Paramount, YouTube Locations: Walmart.com
The tariffs might also violate the very trade agreement Trump negotiated with Mexico and Canada during his first term. This is not what the Constitution envisionedAfter all, the Constitution specifically gives Congress, not the president, the power to “regulate Commerce with foreign Nations.”How does Trump have the power to impose tariffs without any input from Congress? It’s pretty much the opposite of what’s in the Constitution, and it didn’t happen right away. In 1934, they passed the Reciprocal Trade Agreements Act, which gave the president power to lower import duties for countries with which the US had trade agreements. In the 1970s, Congress gave the president new trade promotion authority power to negotiate trade agreements and then have Congress ratify them without amendment.
Persons: CNN —, Donald Trump’s, Trump, Doug Irwin, ” Smoot, Hawley, Sen, Reed Smoot, Willis Hawley, Smoot, Franklin D, Roosevelt, Irwin, it’s, Barack Obama, Joe Biden, Trump’s, Qilai Shen, ” Irwin, ’ Trump’s, CNN’s Priscilla Alvarez, , Alvarez, Claudia Sheinbaum, Organizations: CNN, Trump, Nations, Dartmouth College, Democratic, Trump’s Commerce Department, GOP, Congress, Workers, Bloomberg, Getty Locations: Canada, Mexico, China, what’s, Utah, Willis Hawley of Oregon, Europe, Pacific, Shanghai
AdvertisementA new Netflix docuseries explores the JonBenét Ramsey murder case. Burke Ramsey has had a difficult relationship with the media and was previously cleared as a suspect. A new Netflix docuseries, "Cold Case: Who Killed JonBenét Ramsey?" Burke Ramsey became (and remains) a particular target of suspicion among JonBenét theorists, but he didn't participate in the new Netflix docuseries. AdvertisementTheories that Burke Ramsey killed his sister JonBenét led to legal actionPatsy, JonBenet, Burke, and John Ramsey in a family photo.
Persons: Ramsey, JonBenét's, Burke didn't, Burke Ramsey, JonBenét Ramsey, JonBenét, Joe Berlinger, Patsy, JonBenet, Burke, John Ramsey, Netflix Burke, who'd, Mary Lacy, John, Patsy Ramsey, Alex Hunter, Burke's, he'd, Phil McGraw, Phil, McGraw, Ric Feld, he's, John Andrew Ramsey, John Andrew, Berlinger Organizations: Netflix, Boulder, Attorney's, Daily, CBS, FBI, Atlanta, Purdue University Locations: Boulder , Colorado, Atlanta, Boulder, Michigan, Berlinger
He raised no substantive concerns about Trump’s proposals to deport migrants, despite Pope Francis making welcoming migrants a persistent theme of his pontificate. Simone Risoluti/Vatican Media/ReutersThe different responses point to the challenge facing Pope Francis and the Vatican as it seeks to navigate the second Trump presidency. Robert Nickelsberg/Getty ImagesTrump and Francis divided on key issuesNevertheless, Trump and Pope Francis’ visions couldn’t be further apart. While Trump proposes mass deportations of migrants, Francis describes driving migrants away as a “grave sin” and their exclusion “criminal”. While the Biden administration and the pope had their differences, Francis and the Catholic president had a warm relationship.
Persons: Donald Trump’s, Timothy Broglio, Broglio, Pope Francis, Cardinal Pietro Parolin, Trump, Parolin, , Volodymyr Zelensky, State Cardinal Pietro Parolin, Simone Risoluti, Francis, Kamala Harris, Joe Biden, Robert Nickelsberg, Pope Francis ’, couldn’t, Pope, Mike Pompeo, Fr, James Martin, Jose Luis Gonzalez, Harris, , JD Vance, ” Mary Jo McConahay, , McConahay, Reagan, Martin, John Paul II, Benedict XVI, ” Martin, Donald Trump, Melania, Alessandra Tarantino, ” McConahay, Francis ’, ” David Gibson, Gibson, It’s, Antony Blinken, Biden, Blinken Organizations: CNN, Catholic Church, United States Catholic Bishops ’, Word Television Network, Trump, Catholic, State, Vatican Media, Franciscan Friars, “ America, Reuters, Catholic Bishops, autocrats, Washington DC, Francis, Los, Religion, Culture, Fordham University Locations: Michigan, Pennsylvania, Arizona, Wisconsin, New York City, China, Vatican, Beijing, Ukraine, Mexico, Ciudad Juarez, Trump, Central America, Los Angeles, Fordham University , New York
Ralph Lauren's crisp button-down shirting, classic blazers, preppy polos, and polished chinos — among other categories — are on sale now for as much as 40% off via the Ralph Lauren Black Friday Sale. The best Black Friday Ralph Lauren dealsRalph Lauren's clothing is timeless in style and always made with excellent quality. Ralph Lauren Polo Bear Fleece Hoodie $154.99 $188.00 Save 18% There are few characters in the fashion landscape quite as recognizable as the Ralph Lauren Polo Bear. View at Ralph LaurenBlack Friday Ralph Lauren FAQsWhen does the sale start and end? Check out our roundup of all of the best Black Friday deals.
Persons: Ralph Lauren's, polos, Ralph Lauren Black, Ralph Lauren Polo Bear, Ralph Lauren, Ralph Lauren Polo, Ralph Lauren Ralph Lauren, Ralph Lauren Ralph Lauren Big, Lauren, Ralph Lauren Ralph Lauren Loopback Organizations: Business, Fleece Locations: polos, chinos
ET, the yield on the 10-year Treasury was down by more than three basis points to 4.2673%. The 2-year Treasury yield was also down by more than three basis points at 4.2210%. U.S. Treasury yields were lower on Wednesday as investors awaited a key inflation reading, and weighed statements from the Federal Reserve meeting minutes from November. A flurry of economic data is expected to be published on Wednesday ahead of Thanksgiving on Thursday when markets will be closed. Meanwhile, President-elect Donald Trump's pick of Scott Bessent as Treasury secretary, continues to calm investors nerves.
Persons: Dow Jones, Donald Trump's, Scott Bessent, Bessent Organizations: Treasury, U.S, Federal Reserve, Federal, Traders, CME
AdvertisementI spent three nights on Royal Caribbean's latest ship, Utopia of the Seas, in mid-November. I used Royal Up to bid $100 for an elevated interior stateroom. While not guaranteed, Royal Up is a great way to upgrade your cabin on a budget. Related Video Inside the world's biggest cruise ship that just set sailI'm not talking about the slot machines at the ship's casino. I'm talking about "Royal Up," Royal Caribbean's stateroom upgrade auctions.
Organizations: Royal
AdvertisementI make Bobby Flay's 11-layer potato gratin every year as my Thanksgiving side. I needed something quick and easy, but I wanted something people would remember and talk about for years to come. AdvertisementEventually, my husband and I came across Bobby Flay's 11-layer potato gratin. Every single member of my family asked me for my recipe and went back for seconds or thirds. It's become my signature Thanksgiving dish, and I make it every year.
Persons: Bobby Flay's, It's
Trump chooses U.S. Covid policy critic Bhattacharya to lead NIH
  + stars: | 2024-11-27 | by ( ) www.cnbc.com   time to read: +2 min
Dr. Jay Bhattacharya speaks during a roundtable discussion with members of the House Freedom Caucus on the COVID-19 pandemic at The Heritage Foundation on Thursday, November 10, 2022. The NIH has been in the crosshairs of Robert F. Kennedy Jr., Trump's pick to lead the Department of Health and Human Services, which oversees the NIH. The NIH director oversees 27 institutes and centers that conduct early stage research on everything from vaccines for emerging pandemic threats to targets for new drugs. Bhattacharya, a Stanford health policy professor and doctor, was an outspoken critic of the U.S. government's Covid-19 policies during the pandemic. Francis Collins, the NIH director and Fauci's boss, defended Fauci in a July 2020 interview with STAT News, saying it was "unimaginable" to consider firing Fauci, as some Republicans had demanded.
Persons: Jay Bhattacharya, Donald Trump, Robert F, Kennedy Jr, Kennedy, Bhattacharya, government's, Anthony Fauci, Trump's coronavirus, Francis Collins Organizations: Caucus, Heritage Foundation, Tuesday, Stanford, National Institutes of Health, NIH, Department of Health, Human Services, RFK, Stanford University School of Medicine, Stanford's Department of Economics, NIH's National Institute of Allergy, Disease, STAT, Trump Locations: Stanford, Barrington, Fauci
Meanwhile, active mutual funds lost money in all but one year (2021); they shed $344 billion in the first 10 months of 2024. "We see [active ETFs] as the growth engine of active management," said Bryan Armour, director of passive strategies research for North America at Morningstar. As a result, passive funds have attracted more annual investor money than active funds for the past nine years, according to Morningstar. watch nowBut, for investors who prefer active management — especially in more niche corners of the investment market — active ETFs often have a cost advantage versus active mutual funds, experts said. "They are a tiny portion of active net assets but growing rapidly at a time when active mutual funds have seen pretty significant outflows," he said.
Persons: Tang Ming Tung, Bryan Armour, it's, Morningstar, It's, Jared Woodard, Armour Organizations: Getty, Morningstar, North America, P, Bank of America Securities
— Thanks, Marek We do two things right off the bat after identifying a stock that we might want to buy. Remember, as an investor, you want to know every little aspect of every company whose stock you buy or think about buying. Financial statements In addition to understanding a company from a high level, we can't take a position before analyzing the financial statements and getting a sense of the health of the company in question. All three are incredibly important, however, of the three, the balance sheet is going to be the one to look at first. Knowing what shape the balance sheet is in gives you a better sense of the company's outlook.
Persons: Jim Cramer, Marek, that's, it's, Linde, Myers Squibb, Myers, Karuna, Jim Cramer's, Jim Organizations: Amazon, Linde, Myers, Karuna Therapeutics, Bristol, LIN, CNBC Locations: Bristol
AdvertisementElon Musk says he wants to eliminate the Consumer Financial Protection Bureau. The CFPB was created after the 2008 crisis to protect consumers from financial abuses. "Delete CFPB," Musk wrote on X early Wednesday of the Consumer Financial Protection Bureau. The agency investigates consumer complaints related to credit cards, loans, bank accounts, and debt collection and enforces consumer protection laws. Earlier this year, the CFPB also limited credit card late fees to $8 a month, compared to the average $32 fee charged by issuers in 2022.
Persons: Elon Musk, Musk, Vivek Ramaswamy, Dodd, Frank, Democratic Sen, Elizabeth Warren, Barack Obama, Warren, Wells Fargo, who've, , Clarence Thomas Organizations: Financial, Bureau, Elon, Consumer Financial, Trump, Government, Trump Administration, Congress, Democratic, Harvard Law School, Personnel Management, Bank of America, of America, Apple, Google, Federal Locations: Wells Fargo, Wells
Elon Musk, whose Starlink satellite constellation is the biggest, wields power in the new Trump administration. SpaceX's Starlink and other mega-constellations of satellites could damage the atmosphere in ways we don't yet understand, scientists say. About 100 scientists signed a letter in October asking the Federal Communications Commission, which regulates satellite launches in the US, to pause mega-constellations. A SpaceX Falcon 9 rocket carrying 56 Starlink internet satellites launches from Cape Canaveral, Florida. Without an environmental review, it's unclear what the impact of SpaceX's Starlink plans will be.
Persons: Elon Musk, Trump, SpaceX's Starlink, Putin, Elon, , Jonathan McDowell, Musk, Donald J, Brandon Bell, Paul Hennessy, Joseph Wang, Michelle Hanlon, there's, Starlink Organizations: SpaceX, Research, Federal Communications Commission, Harvard, Getty, Geophysical Research, University of Southern, National Environmental, FCC, NEPA, Center for Air, Space, University of Mississippi School of Law, Trump, of Government, Federal Aviation, California Coastal Commission Locations: Russia, Cape Canaveral , Florida, University of Southern California, Texas, California
To look at the short list of names Donald Trump is hoping to appoint to the country’s leading public health roles, it’s easy to see that Covid-19 has remade the country and its ideological arrangements — but perhaps especially the Republican Party. Robert F. Kennedy Jr., Trump’s pick to lead the Department of Health and Human Services, is the most conspicuous example — a reflexive anti-establishment agitator who has trafficked in conspiracy theories about the origins of AIDS, 5G and especially the dangers of common vaccines. Kennedy has called the Covid vaccines, which have probably saved more than 20 million lives globally, “the deadliest vaccine ever made,” and as recently as during his own presidential campaign, he suggested that the coronavirus might be an “ethnically targeted” bioweapon that preferentially spared Ashkenazi Jews and Chinese people. But the others named for top public health posts, though not transparent cranks, are also Covid contrarians whose most important qualification for these positions are their crusades against the public health establishment during the pandemic period: Stanford’s Jay Bhattacharya to lead the National Institutes of Health, and Johns Hopkins’s Marty Makary to run the Food and Drug Administration. Dave Weldon, Trump’s pick to oversee the Centers for Disease Control and Prevention, was a vocal vaccine skeptic long before the pandemic.
Persons: Donald Trump, Robert F, Kennedy Jr, Kennedy, Barack Obama, Trump, Jay Bhattacharya, Johns Hopkins’s Marty Makary, Dave Weldon, Trump’s Organizations: Republican Party, Department of Health, Human Services, Environmental Protection Agency, National Institutes of Health, and Drug Administration, for Disease Control Locations: Trump
Ukraine's defense ministry issued a recall of 120mm artillery shells this week, citing defects in a recently delivered batch of rounds. The defective 120mm rounds — light artillery shells that Ukraine typically uses in mortars — were first reported in early November by Censor.Net, a local media outlet run by journalist Yuriy Butusov. Ukroboronprom and the Ukrainian Defense Ministry did not respond to requests sent outside regular business hours by Business Insider. Globally, Ukraine's allies have also struggled to quickly scale up production of artillery shells. On November 19, Ukrainian President Volodymyr Zelenskyy said domestic factories had produced 2.5 million artillery shells and mortar rounds in 2024 alone.
Persons: Censor.Net, Yuriy Butusov, Yuriy Nikolov, Ukroboronprom, Suspilne, Volodymyr Zelenskyy Organizations: Factory, Local, TSN, NATO, Ukroboronprom, Ukrainian Defense Ministry, Business, Suspilne Locations: Ukraine, Ukrainian
In 2023, the US was South Korea’s second-largest export market after China, with $116 billion of goods traded. But Trump’s planned tariffs on Chinese goods could also benefit some countries in Southeast Asia as factories may relocate from China to other places in the region. Shoe seller Steve Madden announced earlier this month that it will halve its Chinese production to avoid Trump’s tariffs, and it will be sourcing from Cambodia, Vietnam, Mexico and Brazil, among other countries. In 2023, the US was the number one recipient of exports from China, Vietnam, Thailand, India and Japan. In the first nine months of 2024, the United States’ largest trade deficit was with China.
Persons: Donald Trump, Steve Madden, Trump, , Philip Daniele, — CNN’s Rachel Wilson Organizations: Hong Kong CNN —, Malaysia, US Locations: Hong Kong, Mexico, Canada, China, United States, Asia, South, Southeast Asia, Cambodia, Vietnam, Brazil, Thailand, India, Japan, South Korea, Indonesia, Singapore
Trump puts inflation on the agendaThe inflation risk stalking the markets eased over the summer, but it never really went away. It’s front and center again as investors contend with a Trumponomics crackdown on immigration, a rising trade-war risk and a potential bonanza of tax cuts. An important inflation measure comes out at 10 a.m. Eastern: the Personal Consumption Expenditures index report. Economists fear that it could add bottlenecks and costs to supply chains and reignite inflation, and that it could scramble the Fed’s policy on interest rates. next year would jump by an additional 1.1 percentage points if the Trump tariffs were fully enacted.
Persons: Trump, Donald Trump’s Organizations: United States ’, Deutsche Bank Locations: Canada, China, Mexico, United States
I spent three years working on cruise ships. Here are the 10 things I always do while cruising to have the best trip possible. Depending on what time I get on the ship, my cabin and luggage may not be available for several hours. Frequent walks on the promenade deck are often a highlight of my tripYou can see some wonderful views from a cruise ship. Lastly, I always lean into themed parties and eventsMany cruise ships have themed events or nights, and I love looking them up in advance so I can prepare my outfits.
Persons: I've, You'll, I'd, It's, we're, we'll, Tammy Barr Locations: Paris, Berlin, Rome, Civitavecchia
What’s a Democratic Billionaire to Do Now?
  + stars: | 2024-11-27 | by ( Theodore Schleifer | ) www.nytimes.com   time to read: +1 min
In the weeks after Election Day, one of the biggest donors in the Democratic Party, the LinkedIn co-founder Reid Hoffman, has considered what would once have been unthinkable for a billionaire who often talks about his patriotism. Leaving the United States. Mr. Hoffman, who has spent hundreds of millions of dollars on politics over the last few years, has told friends and allies that he is weighing a move overseas, according to three people with knowledge of the talks who insisted on anonymity to discuss private conversations. Mr. Hoffman, who declined to comment through a spokeswoman, has helped pay for some of the most aggressive private litigation against Donald J. Trump, and he is worried about retribution from a president who has promised to go after his political opponents, including major Democratic donors. While Mr. Hoffman’s reaction is dramatic — and it’s unclear how much moving abroad would protect him or his assets from Mr. Trump’s wrath — he is hardly alone in a liberal big-money world still stunned by Vice President Kamala Harris’s defeat.
Persons: Reid Hoffman, Hoffman, Donald J, Trump, Kamala Harris’s Organizations: Democratic Party, LinkedIn Locations: United States
AdvertisementA "Ferris Bueller's Day Off" scene is going viral amid Donald Trump's new tariff threats. A scene from "Ferris Bueller's Day Off" is having a viral moment after President-elect Donald Trump announced new tariff plans. AdvertisementIn the scene, Bueller's economics teacher explained that the Hawley-Smoot Tariff was a Republican-backed act that raised tariffs on imported goods. Advertisement"I've never actually processed what was being said by the teacher in this scene until this moment," a comment under the "Ferris Bueller's Day Off" clip read on one post. The clip has struck a chord among social media users worried about the economy under Trump's proposed tariffs.
Persons: Ferris, Donald Trump's, Trump's, Donald Trump, Ben Stein, they're, Hawley, Smoot, Claudia Sheinbaum Pardo, I've, he's Organizations: Trump, Republican Locations: Mexico, Canada, United States
France's government is hanging by a thread with the far-right National Rally party threatening to bring down Prime Minister Michel Barnier's administration by the end of the year. "We will see if today's proposals are taken on board, but nothing is certain," Le Pen said Monday, in comments reported by the Associated Press. "We said what were the non-negotiable elements for us," Le Pen said, AP added. The original budget has now gone to the Senate for review and debate before it faces a final vote on Dec. 12. Barnier has signaled he could use special constitutional powers to circumvent a parliamentary vote and get the budget passed by presidential decree.
Persons: Michel Barnier's, Le Pen, Barnier, Organizations: Barnier, Associated Press, AP, National Rally, Front, Senate, National Assembly
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