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☆ Supreme Court Justice Sonia Sotomayor to remain at post as some call for her to step down
▼ + stars: | 2024-11-10 | by ( John Fritze | ) edition.cnn.com time to read: +2 min

CNN —Supreme Court Justice Sonia Sotomayor has made clear she has no plans to step down, according to people close to her, despite calls from some on the left that President Joe Biden should try to name a successor before President-elect Donald Trump takes office. “She’s in great health, and the court needs her now more than ever,” said one person close to the justice. Some progressives have suggested Sotomayor, the most senior liberal on the conservative Supreme Court, should step down so that Biden could try to name a replacement in the short window before Trump takes office in January. Vermont Sen. Bernie Sanders said Sunday that he doesn’t think Sotomayor should step down from the court. In May, Sotomayor told an audience at Harvard University that she sometimes cries after the court hands down its decisions.

Persons: Sonia Sotomayor, Joe Biden, Donald Trump, “ She’s, ”, Sotomayor, Biden, Trump, Vermont Sen, Bernie Sanders, doesn’t, “, ” Sanders Organizations: CNN, Democrats, Press, Supreme, GOP, Harvard University, University of California, School of Law Locations: Vermont, Berkeley

WASHINGTON — As a candidate, Donald Trump promised to relieve consumers of high interest rates. Trump repeatedly said during the campaign that he would bring down interest rates without elaborating on how. He has suggested the president should have a say in determining rates set by the Federal Reserve and publicly berated the central bank and its chairman, Jerome Powell, for not lowering rates sooner. Trump has no direct control over the interest rates set by the Federal Reserve, which is determined by a committee that includes seven members appointed to 14-year terms along with five regional Reserve Bank presidents. “There aren’t a lot of policies that the president has at his disposal that can really lower rates,” said McLaughlin.

Persons: Donald Trump, Trump, Jerome Powell, ”, Kent Smetters, “, isn’t, Ralph McLaughlin, McLaughlin, Powell, Xi Jinping, ” Powell, he’s, ” Trump, reappoint Powell, Scott Bessent, Barron’s, Bessent Organizations: WASHINGTON, Federal Reserve, United, University of Pennsylvania Wharton School, Federal, Realtor.com, Reserve Bank, Fed’s, Governors, Twitter, Trump, Chicago Economic, Senate, Republicans, Fed Locations: United States, America, U.S, China

☆ Trump’s win was real but not a landslide. Here’s where it ranks
▼ + stars: | 2024-11-09 | by ( Zachary B. Wolf | ) edition.cnn.com time to read: +4 min

In terms of the Electoral College, Trump is on track to win 312 electoral votes if his lead in Arizona holds. It would be a better showing than either his or Joe Biden’s 306 electoral votes in 2016 and 2020, respectively. But it would be far short of Barack Obama’s 365 electoral votes in 2008 and 332 in 2012. Bill Clinton never reached 50% in the popular vote because both of his presidential elections featured a strong third-party candidate in Ross Perot. But Clinton did run away with the Electoral College vote, winning 370 electoral votes in 1992 and 379 in 1996.

Persons: CNN — Donald Trump, ►, he’ll, Trump, it’s, Joe Biden’s, George W, Barack Obama’s, Bill Clinton, Ross Perot, Clinton, Ronald Reagan’s, Reagan, Walter Mondale, Richard Nixon, Lyndon B, Johnson, Sen, George McGovern, Nixon, Grover Cleveland Organizations: CNN, Republicans, Representatives, University of Florida, Electoral College, Trump, Electoral, Democratic, DC, Democrat, House, Senate, White, White House, Republican Locations: California, Washington and Utah, Arizona, Washington, Minnesota, South Dakota, 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

☆ 4B movement surges in interest among US women after Trump election win
▼ + stars: | 2024-11-09 | by ( Harmeet Kaur | ) edition.cnn.com time to read: +9 min

“So if you’re going to hate us, then we’re going to do what we want.”What is the 4B movement? The 4B movement was decentralized and existed in various iterations online and offline, making it difficult to assess its true size and scale. “And we see each other.”The US election is inspiring conversation around 4BIt’s far too early to tell whether the 4B movement might seriously catch on in the US. Some are skeptical 4B will catch onIn Han’s view, the 4B movement is unlikely to become mainstream in the US. “I could definitely see it fueling change in some way.”Han predicts that American interest in the 4B movement will subside quickly.

Persons: Donald Trump, there’s, —, ” Ashli Pollard, Louis, Ju Hui Judy Han, Ahn Young, Han, “ It’s, ” Han, Pollard, wasn’t, ”, Alexa Vargas, “, Abby K, Kamala Harris, Joe Biden’s, Hillary Clinton’s, Hadia, hasn’t, don’t, Leda Joy Abkenari Organizations: CNN, Young, University of California, Organisation for Economic Co, OECD, Trump Locations: United States, TikTok, Korean, St, South Korea, Los Angeles, Seoul, Gangham, Boston, Florida, America

☆ How CNN readers feel about the outcome of the 2024 election
▼ + stars: | 2024-11-09 | by ( Cnn Staff | ) edition.cnn.com time to read: +20 min

CNN —We asked you how you were feeling about the outcome of the election. …” – Ashley in Florida“I feel scared. I’m scared for my trans friends who will find it harder to get their medications. I feel betrayed by the women who voted for him.” – Laura in New York“As a 30-something woman, I’m scared. I’m scared about how many of us turned a blind eye to the misogyny, racism, and hatred of the man.

Persons: CNN —, Jason Lancaster, Trump, ” – Clifford Wayne Irwin Jr, Donald Trump, Harris, ”, Matthew Trovato, Phoenix “ I’m, ” – Matt, …, I’ve, – DaMarcus, Michael Petry, ” – Cameron McClellan, Cassie, ” – Sharon, Kamala, Robin Bridgewater, Texas, ” – Sandra, I’m, ” – Cecilia, … I’m, ” – Marcelino, … She’s, She’s, ” – Ashley, I’ll, I’d, Katie, Jeff Lenhart, … ” – Cara, Colorado, ” – Grayson, ” – Lea, it’s, Mary Clifton, Laura, ” – Meigs, ” – Danny Lopez, ” – Daniel Baca, Sherri Emmons, ” – Andrew Dunlay, ” – Christina, won’t, Tim M, ” – Marcella Anderson, ” – Michael Farris, Rachel Pearl, fearfully, – Visha Rao, ’, can’t, ” – Delaney, Amy, who’ve, ” – Kaylen Garcia, ” – Helen Engle, ” – Sophia Organizations: CNN, Biden, Army, West Virginia “, Trump, Democratic, Republican, America, Immigrants, Cuyahoga Falls , Ohio “ Locations: Anchorage , Alaska “, America, Phoenix, New Jersey, Ocean Springs , Mississippi, – DaMarcus Powell, Biloxi , Mississippi, West Virginia, Beka, Virginia, …, Chapel Hill , North Carolina, Ohio “, Europe, Austin, Michigan, Tennessee, Portland , Oregon, Florida, Connecticut, Iowa, Dubuque , Iowa, Pennsylvania, Colorado “, Texas, Texas “, Salt Lake City , Utah, New York, Orlando, Orlando , Florida, South America, Glendale , Arizona, Maine, Tucson , Arizona, United States of America, Los Angeles, Trump’s America, Cuyahoga Falls , Ohio, Cuyahoga Falls , Ohio “ America, LA, Saratoga , California, Napa , California, Minnesota, Brockton , Massachusetts, Chicago

☆ Choose hope. Studies show people are better than you think
▼ + stars: | 2024-11-09 | by ( Jessica Dulong | ) edition.cnn.com time to read: +11 min

Elites who want to ensure the status quo are well served by a population that believes things can’t get any better. Zaki: Cynicism is harmful for individuals’ overall health. Zaki: Cynicism gets treated as smart and socially savvy when it’s actually quite naive. People think, “Yeah, cynicism feels bad, but it’s the price of being right.” In fact, cynics often get things wrong. But when we lose sight of hope, cynicism drags down civic engagement.

Persons: Jamil Zaki, “ Hope, ” Zaki, Cynics, Zaki, Martin Luther King Jr, autocrats, —, Vern Evans, it’s, cynics, It’s, preciously, We’re, I’ve, Hope, “, Jessica DuLong, ” Organizations: CNN, Stanford University, Stanford Social Neuroscience, Central Publishing, General Social Survey, Elites, Vern Evans CNN Locations: Brooklyn , New York

☆ Trump’s new chief of staff is an unassuming figure in his brash inner circle. She’s also one of its most effective operators.
▼ + stars: | 2024-11-09 | by ( Steve Contorno | ) edition.cnn.com time to read: +12 min

Neither Wiles nor Trump’s transition team immediately responded when asked if Wiles would soon step away from her position at Mercury. “The clown car can’t come into the White House at will,” the source said. She worked on Ronald Reagan’s 1980 presidential campaign and then in his White House. He then gave her nearly unfettered leeway to operate his Florida campaign as she saw fit. Florida Sen. Marco Rubio posted on social media: “President Trump has chosen a strong, intelligent woman to serve as White House Chief of Staff.”

Persons: Donald Trump, America’s, –, Dana White –, Susie Wiles, Wiles, Trump’s, Trump, Susie, ” Trump, ”, Chris LaCivita, ” Michael Caputo, ‘, —, Jared Moskowitz, Charlie Kirk, Kevin McCarthy, “ Susie Wiles, ” Kirk, doesn’t, John Kelly, Reince Priebus, you’ve, Kelly, Mick Mulvaney, Mark Meadows, Pat Summerall, Jack Kemp, Kemp, Ronald Reagan’s, Rick Scott, Jon Huntsman, Huntsman, Mitt Romney, Brian Ballard, Jeb Bush, Marco Rubio, “, Ron DeSantis, DeSantis, James Blair, Blair, Mark Cuban, Florida Sen Organizations: Palm Beach , Florida CNN, Fighting, White, Trump, CNN, Mercury, Swisher International, Ballard Partners, carmaker, Motors, Military Management, Children’s Hospital Association, Staff, US Capitol, of Justice, Sunshine State, NFL, Rep, New York Giants, Utah Gov, Florida, Republican, Electoral College, Republicans Locations: Palm Beach , Florida, Pennsylvania, Washington, Mar, Florida, DC, America, Trump, Jacksonville, Manhattan

☆ Young Chinese are ditching planes to travel long distances by train and bus. Meet the ‘iron butt’ travelers
▼ + stars: | 2024-11-08 | by ( Chris Lau | Joyce Jiang | ) edition.cnn.com time to read: +7 min

A growing group of Chinese travelers are now turning to extreme forms of transportation for their vacations. They call themselves “iron butt” travelers – inspired by the amount of time they spend traveling on uncomfortable seats that make flesh start to feel like metal. Iron butt travel lets me visit more places for less money,” another self-identified “iron butt” traveler, 27-year-old Peng Fei, told CNN. But that doesn’t mean he and his fellow “iron butt” travelers have to compromise the fun. Now, though, iron butt travelers are redefining – or perhaps gentrifying – this form of travel.

Persons: Hong Kong CNN — Lin En, Lin, isn’t, Lin En, Peng Fei, ‘, ”, I’d, “, Lin En's, Lin En, Peng, “ I’ve, They’re Organizations: Hong Kong CNN, CNN, Tibet Autonomous, United Arab Emirates Locations: Hong Kong, Xinjiang, China’s, Astana, Kazakhstan’s, China, Kazakhstan, Laos, Kunming, Huay, Thailand, Myanmar, megacities, Beijing, Shanghai, Lhasa, Tibet, Tibet Autonomous Region, Guangzhou, Central Asia, Europe, Turkey, Armenia, Georgia, Uzbekistan, Tibet Autonomous, Egypt

☆ Army Office of Special Trial Counsel charges husband of missing Mischa Johnson with murder
▼ + stars: | 2024-11-08 | by ( Anna Turning | Anna Turning Is An Associate Producer With Dateline Nbc. | ) www.nbcnews.com time to read: +3 min

On November 6, the U.S. Army Office of Special Trial Counsel preferred four additional charges against Private First Class Dewayne Arthur Johnson, stemming from the disappearance of his pregnant wife. Mischa Johnson last spoke to family on July 12, 2024. Dateline reported on her disappearance in August as part of our “Missing in America” series, and spoke with her sister, Marianna Tapiz. Mischa Johnson Marianna TapizMarianna says Mischa never showed up to the restaurant for their dinner and when she texted her sister asking where she was, she received this reply: “Home wasn’t feeling good Sorry”. OTC Communications Director McCaskill told Dateline “the general nature of the additional charges are for the murder of Mischa Johnson, intentionally killing her unborn child, obstruction of justice, and the possession of child pornography.”According to McCaskill, Pfc.

Persons: Arthur Johnson, Mischa Johnson, Michelle McCaskill, Marianna Tapiz, Marianna, Mischa, Mischa Johnson Marianna Tapiz Marianna, ” Marianna, Dewayne Arthur Johnson, Johnson, McCaskill, Dateline “, ” McCaskill, Pfc, ”, Mischa Johnson’s Organizations: U.S . Army, Private, Communications, 25th Infantry Division Facebook, OTC Communications, Dateline, Army Criminal Investigation, Army CID Pacific Field Office Locations: Oahu, Hawaii, Schofield

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

☆ Chuck Todd: This Democratic defeat — and the rise of Trump 2.0 — was a decade in the making
▼ + stars: | 2024-11-08 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Chuck-Todd-Circle-Byline-Template.Jpg | Chuck Todd | ) www.nbcnews.com time to read: +21 min

The reality is that both parties learn lessons from losing elections that apply only in the short term — say, from one presidential election to the next midterm or from one midterm to the next presidential election. Not anymore — it’s why Democrats usually overperform in special elections, with more devoted “every election” voters right now. Meanwhile, in the non-battlegrounds, which were more affected by the basic “mood music” of the election, Democrats were shellacked. The seeds of discontent with this version of the Democratic Party can be traced back a decade to Obama’s decision to anoint Hillary Clinton as his successor. Democratic presidential candidates Hillary Clinton and Sen. Bernie Sanders, I-Vt., at the CNN Democratic presidential primary debate in New York City on April 14, 2016.

Persons: inbox, It’s, Donald Trump, Devin Yalkin, doesn’t, Karl Rove, Barack Obama, Joe Biden’s, Biden, Bill Clinton, Obama, Clinton, Harris, Court's Dobbs, Dobbs, Trump, I’m, Kamala Harris, Morry Gash, hadn't, misfired, Deb Fischer, Dan Osborn, Osborn, Josh Shapiro, wasn’t, Harris wouldn’t, They’ve, Franklin D, Roosevelt, John F, Kennedy, Lyndon B, Johnson, Hillary Clinton, he’d, Sen, Bernie Sanders, Justin Sullivan, Democratic Party didn’t, Sanders, Bernie Bros, Joe Rogan, —, didn’t, nitpick, ”, Bob Dole, Al Gore, John Kerry, John McCain, Mitt Romney, What's, Elon, MAGA, Michael Dukakis Organizations: NBC, Trump, Democratic, Democratic Party, Biden, GOP, Democrats, Social Security, Senate, Electoral, Massachusetts Democrat, San, San Francisco Democrat, CNN Democratic, Clinton, Obama, Trump bros Locations: West Palm Beach, Fla, Plenty, “, Pennsylvania, Georgia, Arizona , Nevada , Michigan, Wisconsin, Madison, Wis, America, Texas, Massachusetts, San Francisco, New York City, Trump, Iowa, Clinton

☆ Almaty, Kazakhstan: How a drab Soviet metropolis became Central Asia’s capital of cool
▼ + stars: | 2024-11-08 | by ( Joe Yogerst | ) edition.cnn.com time to read: +11 min

Almaty, Kazakhstan CNN —Several cities around the globe have reinvented themselves in recent years, but none more successfully than Almaty. Since the collapse of the USSR, Kazakhstan’s largest city (population 2.2 million and growing) has evolved from a drab, run-of-the-mill Soviet metropolis into the urban star of Central Asia. “It’s an incredibly livable city,” says long-time American resident Dennis Keen, a historic preservation advocate and founder of Walking Almaty. Over and underground artThe Abilkhan Kasteev State Art Museum is filled with more than 20,000 works of art. Other good collections include the Ihlas Museum of Folk Musical Instruments (in a Russian-style wooden mansion built in 1908) and the ethnographic artifacts of the Almaty Museum.

Persons: It’s, “, ”, Dennis Keen, ” Keen, “ It’s, Jama Nurkalieva, Charles O, Cecil, Alamy, Auyl, James Talalay, Lukas Bischoff, Keen, Roshcha Organizations: Kazakhstan CNN, Walking, Central, Cathedral, Astana, Tselinny Center of Contemporary, Dynamo, Prix Versailles, Park, Art, Louvre, Art Museum, Ihlas Museum, Folk, Almaty Museum, Eiffel, of Contemporary, Academy of Science, Turkish Airlines, Air Astana, Ritz, Carlton Locations: Almaty, Kazakhstan, USSR, Kazakhstan’s, Central Asia, Walking Almaty, “, Central Asian, China, Europe, Russian, Soviet Union, Shan, Lower Kolsai Lake, There’s, Soviet, Zholy, Almaty Metro, Almaly, Auezov, Istanbul, Beijing, Seoul , New Delhi, Bangkok, Arasan, Otrar, Lanzhou, Novotel, Darejani, Ascension

Trump is also wary of special elections to replace sitting lawmakers, especially in the Senate. has conveyed that he is not interested in entering the Trump administration, according to three sources familiar with the decision. Sessions, an adviser to Trump in 2016, was one of his earliest supporters when Trump elevated him from the Senate to run his Justice Department. The special election to replace him also turned into a centerpiece of Democratic organizing against Trump. Though the GOP won the special election narrowly, Republicans lost Price's congressional seat in the midterms and then watched Georgia turn blue in 2020.

Persons: Donald Trump, Trump, Steven Mnuchin, Ben Carson, Jeff Sessions, recusing, Tom Price, Ryan Zinke of, Roy Moore, Moore, Sen, Eric Schmitt, Marco Rubio, Tom Cotton, Mike Waltz, Mike Pompeo, Trump’s, Cotton, Bill Clark, Donald Trump Jr, ”, Rubio, “, I’m, ” Rubio, Pompeo, Sessions, Price, Zinke, Rick Scott's Organizations: White, Treasury Department, of Housing, Urban, Republican, Trump, CIA, Getty, Trump Jr, coy, NBC’s, Senate, Congress, Justice Department, GOP, Republicans, Interior Department Locations: Alabama, Ryan Zinke of Montana, United States, Georgia

☆ How prediction markets saw something the polls and pundits didn’t
▼ + stars: | 2024-11-08 | by ( Allison Morrow | ) edition.cnn.com time to read: +5 min

The basic theory behind prediction markets is that a lot of people with money on the line can better predict an outcome than any one expert. “Financial markets are generally pretty efficient, and the evidence suggests that the same is true of prediction markets,” Eric Zitzewitz, an economics professor at Dartmouth, tells me. The shares trade between $0 and $1, and once the event is resolved, shares tied to the correct outcome pay out a dollar. If you bought Trump shares on Monday, when they were 58 cents, you can expect to make 42 cents on the dollar. Later that fall, the popular betting market PredictIt gave Hillary Clinton an 82% chance of beating Donald Trump.

Persons: CNN Business ’, pollsters, Donald Trump’s, Trump, Kamala Harris, PredictIt, Eric Zitzewitz, “, aren’t, Taylor Swift, Travis Kelce, You’re, Shayne Coplan, Harris, Coplan, ” Zitzewitz, ”, “ Brexit, Hillary Clinton, Donald Trump, Clinton, Nate Silvers, Ann Selzers, FiveThirtyEight Organizations: CNN Business, New York CNN, Wednesday, “, Dartmouth, Chiefs, Lions, Ravens, Trump, Bloomberg, CNBC, European Union Locations: New York, America, United Kingdom

☆ Steve Madden is getting out of China just days after Trump’s victory. But there’s a catch
▼ + stars: | 2024-11-08 | by ( David Goldman | ) edition.cnn.com time to read: +5 min

One US company, just two days after Trump’s reelection, says it isn’t wasting time getting out of China. Steve Madden, a $3 billion shoe company, announced Thursday that it would rapidly halve its Chinese production to avoid Trump’s tariffs. But here’s the catch: Steve Madden isn’t moving its production to the United States. ‘There for a reason’The retail industry has been crying foul over Trump’s tariffs for quite some time – apparel and shoe companies in particular. Trump’s tariffs could cost the typical middle-income US household more than $2,600 per year, according to research from Peterson Institute for International Economics.

Persons: Donald Trump, Steve Madden, Steve Madden’s, Edward Rosenfeld, “, ” Rosenfeld, Rosenfeld, Trump, Joe Biden, Madden, Laura Champine, ” Champine, it’s, Douglas Holtz, Eakin, Steven Mnuchin, Donald Trump’s, CNN’s Jake Tapper, ” Mnuchin, Mnuchin Organizations: CNN, Trump, Wall Street, National Retail Federation, Companies, Wall, American, Peterson Institute for International Economics Locations: United States, China, USA, Cambodia, Vietnam, Mexico, Brazil, America

☆ Stores don’t sell your favorite product anymore. That’s on purpose
▼ + stars: | 2024-11-08 | by ( Nathaniel Meyersohn | ) edition.cnn.com time to read: +6 min

That’s just one example of companies eliminating an endless assortment of products to boost profit. Hormel is cutting some pepperoni products. Cutting products boosted companies’ profit margins by 0.9% compared to 2019, L.E.K. The strategy is going to make customers’ choices “a little simpler” and reduce re-stocking work for store employees, he said. Companies can upset customers who are loyal to a specific version of a product, pushing them to switch to another brand or stores’ private-label versions.

Persons: New York CNN — Pepperoni, Applegate, Jennie, Hormel, ”, That’s, Gene J, Rob Wilson, Levi’s, Todd Vasos, Scott Olson, Gina Goetter, Bob Eddy, Taco Bell, David Garfield, “ We’ve Organizations: New, New York CNN, CNN, Companies, L.E.K, Consulting, Starbucks, Hasbro, Dollar, BJ’s Wholesale, Walmart Locations: New York, Turkey, mayo, Asia

☆ Powell to Trump: Go ahead, make my day
▼ + stars: | 2024-11-08 | by ( Elisabeth Buchwald | ) edition.cnn.com time to read: +5 min

That’s essentially what Federal Reserve Chair Jerome Powell is experiencing with President-elect Donald Trump’s return to the White House. When a reporter asked the Fed chair if he’d resign if Trump asked him to, Powell didn’t miss a beat. Removing a Fed chair isn’t so simpleIf Trump, or any president for that matter, were to try to remove a Fed chair, they would encounter a steep uphill battle. Ultimately, the Supreme Court could have the final say on what merits a “for cause” firing of a Fed chair. Trump has tried testing the limits anywayNevertheless, Trump threatened to fire Powell on several occasions when he was first president.

Persons: That’s, Jerome Powell, Donald Trump’s, Trump, he’d, Powell didn’t, “, ”, curtly, ” Powell, Powell, won’t, Powell doesn’t, Joe Biden, ” Trump Organizations: New, New York CNN, Federal, Trump, Republican, Bloomberg, Economic, of Chicago Locations: New York

☆ Bill Ackman plans to pull his companies out of Amsterdam after antisemitic attacks
▼ + stars: | 2024-11-08 | by ( Auzinea Bacon | ) edition.cnn.com time to read: +2 min

CNN —Billionaire hedge fund manager Bill Ackman wants Pershing Square Holdings and Universal Music Group out of Euronext Amsterdam following attacks this week on Israeli soccer fans in the Dutch capital. In the post, he said that moving Pershing Square would save money and improve liquidity for its shareholders. The move for Universal Music Group, where Ackman is a board member, was also influenced by the attacks in Amsterdam. He wrote that Pershing Square has contractual rights to help move Universal Music Group from its Amsterdam headquarters and stock exchange. Universal Music and Pershing Square Holdings did not immediately respond to CNN’s requests for comment.

Persons: Bill Ackman, ” Ackman, Ackman, ” Organizations: CNN, Billionaire, Pershing Square Holdings, Universal Music Group, London Stock Exchange, Pershing, Europa League soccer, Israel’s Maccabi Tel, Ajax, Capital Management, LSE, Universal Music, New York Stock Exchange, Nasdaq Locations: Amsterdam, “, Israeli, Israel’s Maccabi Tel Aviv, Dutch

☆ What the Fed’s interest rate cuts mean for your money
▼ + stars: | 2024-11-08 | by ( Jeanne Sahadi | ) edition.cnn.com time to read: +7 min

But that doesn’t mean as a result interest rates are now low — or will soon be low. “‘Falling interest rates’ are not the same as ‘low interest rates.’ Interest rates are high and will only decline to ‘not as high’ as … we move into 2025,” said Greg McBride, chief financial analyst at Bankrate. Credit cards: Just before the Fed cut its key rate in September, the average credit card rate was 20.78%, according to Bankrate. Another option: Try transferring your balance to a credit card from a credit union or local bank. Before the Fed’s September rate cut many of those accounts were offering yields between 4.25% and 5.3%, according to those listed on Bankrate.com.

Persons: ”, Greg McBride, Matt Schulz, Chris Diodato, they’re, Freddie Mac, Sam Khater, Freddie Mac’s, ” McBride, Sinead Colton Grant, Colton Grant, “, Don’t, Diodato, you’re, BNY, they’ve Organizations: CNN, Reserve, Bankrate, Fed, LendingTree, Treasury, Savings Locations: Treasuries

☆ After two presidential losses, women wonder what it will take to shatter the glass ceiling
▼ + stars: | 2024-11-08 | by ( Arit John | ) edition.cnn.com time to read: +8 min

For the second time in eight years, the highest, hardest glass ceiling survived millions of tiny cracks, once again testing the optimism of those who hope to see the first female president elected. The late Rep. Shirley Chisholm, a former New York congresswoman, became the first Black woman to seek the office in 1972. “I’m ready for a female president, I just don’t think that most of America is yet, and I don’t know why,” she said. In the Senate, Angela Alsobrooks will be the first Black woman to represent Maryland and Lisa Blunt Rochester will be the first woman to represent Delaware. Together, the two Democrats will be the first two Black women to serve in the chamber at the same time.

Persons: Kamala Harris, Janet Edwards, Harris, “ I’m, ” Edwards, ”, Donald Trump, Shirley Chisholm, ” Harris ’, Chisholm, Hillary Clinton, Barack Obama, Clinton, Joe Biden, –, Trump, Clinton –, Melinda Corey, “, ” Priya Lewis, Kamori Thomas, Howard University – Harris, alma, Thomas, ” Thomas, ” Lewis, Harris –, “ We’ve, Kelly Dittmar, Dittmar, Harris ’, Nadia Brown, Brown, Angela Alsobrooks, Lisa Blunt Rochester, Republican Julie Fedorchak, Sarah McBride of, David Axelrod, ‘, I’ve, Axelrod, – Harris, who’d, ” Harris, Christina Reynolds, doesn’t Organizations: CNN, Howard University, “, White House, Victoria, Equal Rights Party, Democratic, Trump, Center for American Women, Georgetown University, “ Research, House, Republican, Democratic National Convention Locations: Washington, Italy, North Macedonia, Mexico, New York, America, –, Maryland, Delaware, Sarah McBride of Delaware, DC

☆ As Trump grasps unprecedented power, the Supreme Court’s decision on presidential immunity looms large
▼ + stars: | 2024-11-08 | by ( John Fritze | ) edition.cnn.com time to read: +7 min

Immune, immune, immune.”Justice Department ‘problem’But just how far that immunity extends is murky. The Supreme Court’s 6-3 decision left many questions unanswered and lower courts have not yet wrestled with them. But the Supreme Court majority ruled that a president’s power to direct the Justice Department’s investigative and prosecutorial work is within his exclusive constitutional authority. While the Supreme Court granted former presidents wide immunity, the ruling made no such promises to aides in the White House or Justice Department. Even the conservative Supreme Court and several lower courts repeatedly blocked Trump, who according to a study last year had the worst win rate at the high court of any modern president.

Persons: Donald Trump, Trump, Jack Smith “, Joe Biden, “, ”, Neil Eggleston, Obama, John Roberts, Biden, chafed, Sonia Sotomayor, Sotomayor, Smith, It’s, Smith’s, Trump’s, Richard Painter, George W, Bush, Painter, ” Biden, Kamala Harris, Hillary Clinton, Mark Meadows, ” Rod Rosenstein Organizations: CNN, White, ”, Navy, Department, Trump, Justice Department, Supreme Court Locations: Georgia

Still, Kennedy said that if tapped, he would advise communities on fluoridated water. Major public health groups, including the American Dental Association, the American Academy of Pediatrics and the CDC, soon supported the use of fluoridated water. Cavity prevention, experts say, is a major public health coup. “There’s not any evidence that fluoride has lowered the IQ of kids,” said Dr. David Margolius, Cleveland’s director of public health. Experts maintain that there’s no credible evidence proving fluoride has lowered kids’ IQ levels.

Persons: Donald Trump’s, Robert F, Kennedy Jr, Kennedy —, ” Kennedy, Kennedy, ”, Meg Lochary, “ There’s, David Margolius, Richard Besser, Robert Wood Johnson, ” Besser Organizations: MSNBC, Centers for Disease Control, American Dental Association, American Academy of Pediatrics, CDC, Pediatrics, U.S . Environmental, Agency, Robert Wood Johnson Foundation Locations: Waxhaw , North Carolina, U.S, Colorado Springs , Colorado, Grand Rapids , Michigan, California

“The notion that your client doesn’t have any knowledge of where his assets are located is farcical," Liman told Giuliani lawyer Ken Caruso. Giuliani told reporters Thursday that "they lied" about items being moved. In court, Caruso told the judge it was "vindictive" of Freeman and Moss to ask for the watch, a claim the judge angrily shot down. “All the property must be turned over to the receiver, and if not I will hold him in contempt,” the judge said of Giuliani. "I did not defame them," he told reporters Thursday.

Persons: Rudy Giuliani, hasn’t, District Judge Lewis Liman, wasn't, Liman, Giuliani, Ken Caruso, Donald Trump, Ruby Freeman, Shaye Moss, Freeman, Moss, Joe DiMaggio, Aaron Nathan, Nathan, DiMaggio, He's, he's, Caruso, Mercedes, Lauren Bacall, you’re, ” Liman, Mercedes —, —, ”, I’m, They’ve, defaming Freeman Organizations: U.S, District, Freeman, Mercedes Locations: Georgia, New York, Giuliani's, York, and New York, Ronkonkoma, Long, Hollywood, Florida

Donald Trump’s return to the presidency has done something no political opponent could: put an end date on his time atop the Republican Party. Trump single-handedly remade the Republican Party in his own image, not only becoming its unquestioned leader but also rewiring what the Grand Old Party stands for. “We are getting four more years of Trump and then eight years of JD Vance!” Trump Jr. said last week as he campaigned for Ohio Senate candidate Bernie Moreno. He had a shaky start, but he has steadied himself,” a veteran Republican operative said. “A Trump win means [the 2028] field will be slower to develop,” a longtime Republican operative said.

Persons: Donald Trump’s, MAGA, Trump, ”, “ Trump, Reagan, JD Vance, Vance, Gene J, Donald Trump Jr, ” Trump, Bernie Moreno, “ JD, steadied, “, Ron DeSantis, Sarah Huckabee Sanders, Vivek Ramaswamy, Brian Kemp, Nikki Haley, Glenn Youngkin, Sen, Ted Cruz of, Tim Scott of, Ronald Reagan, ” DeSantis, I’m, “ Huckabee Sanders, —, Huckabee Sanders, Ramaswamy, Haley, ” Haley, Dave McCormick can’t, Donald Trump Organizations: Republican Party, Trump, Old Party, Republicans, Republican, Trump Republicans, Reagan Democrats, Ohio, White House, Florida Gov, Georgia Gov, South Carolina Gov, Virginia Gov, Trump Republican, Gov, GOP, Trump ” Republicans Locations: Trump, Butler , Pennsylvania, Bedford , Pa, Arkansas, Georgia, Virginia, Ted Cruz of Texas, Tim Scott of South Carolina, Florida, Iowa, Ohio, South Carolina, Pittsburgh, Pennsylvania

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