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AdvertisementShoppers are willing to spend this holiday season, but many are still budget-conscious. Shoppers appear ready to spend this holiday season, but many aren't giving up the search for bargains just yet. Multiple signals suggest that some shoppers feel less pinched financially as the biggest shopping season of the year ramps up. As such, many are looking for good deals, as they have been for much of this year, while still spending on the holiday season. Friday's retail sales growth showed "a good early step forward into the holiday shopping season," National Retail Federation Chief Economist Jack Kleinhenz said.
Persons: Claire Tassin, Tassin, Milton, Jack Kleinhenz, Kleinhenz, Doug McMillon, John Rainey, Rick Gomez Organizations: Shoppers, Morning, Retailers, Nordstrom, Bank of America Institute, University of Michigan's, Hurricanes, Retail Federation, Census Bureau, Walmart, Target
Donald Trump, in his trademark blue suit and red tie, strides across the frame in broad daylight, while Musk, in a black cap and T-shirt, cuts a gleefully diabolical figure. Whatever archetype actually describes Musk’s relationship to Trump — minion, sidekick, wartime consigliere, “first buddy” — there is no question that he radiates supervillain energy. In his own way, Trump does too. To observe that Trump’s opponents and Musk’s critics see them as villains would hardly count as much of an insight. Up there, where the snowpack of collective dreaming melts into the watersheds of commercial storytelling, the villains have been in the ascendant for quite a while.
Persons: Elon Musk, MAGA, , Donald Trump, Trump, , Steve Bannon, Andrew Breitbart
CNN —A Civil Air Patrol plane crashed during a training exercise in northern Colorado on Saturday, killing two people and injuring another person, authorities said. The Cessna 182 aircraft crashed in Larimer County, Colorado, while participating in a search and rescue training exercise, according to a Civil Air Patrol news release. Civil Air Patrol said it will cooperate with the NTSB’s investigation to learn more about what contributed to the incident. Major General Laura Clellan, who oversees the Colorado Wing of the Civil Air Patrol, said she was devastated by the loss Saturday. The Civil Air Patrol is an auxiliary of the US Air Force and nonprofit organization.
Persons: “ I’m, Susan Wolber, Jay Rhoten, Jared Polis, , it’s, Laura Clellan, ” Clellan, , Regena Organizations: CNN, Civil Air Patrol, Cessna, Colorado Army National Guard, Sheriff’s, National Transportation Safety, Federal Aviation Administration, Colorado Wing, US Air Force Locations: Colorado, Larimer County , Colorado, The State, Storm, Larimer
She used her cell phone to share her location with trusted friends. Investigators were able to use location data from both Riley’s and her attacker’s phones to trace their movements the day of Riley’s death. The other side of the coinAdvocates for victims and survivors of gender-based violence say technology can be a powerful safety tool. The National Network to End Domestic Violence created the Safety Net Project to educate survivors and advocates about tech safety and privacy. Surveillance video corroborated the student’s account, and cell phone location data linked Riley’s killer to the incident.
Persons: Laken Riley, Laken’s, Lauren Phillips, Jose Ibarra, , Riley, Arvin Temkar, smartwatch, Jane Anderson, AEquitas, Anderson, , ” Anderson, Alex Murdaugh, Maggie Murdaugh, Paul Murdaugh, Bryan Kohberger, Richard Allen, , it’s, Stephanie Love, Patterson, ” Jose Ibarra, Hyosub Organizations: CNN, University of Georgia, University, Georgia, GPS, University of Idaho, National Network, , UGA Locations: Delphi , Indiana, Georgia
Trump vs. the FBI, explained
  + stars: | 2024-11-23 | by ( Zachary B. Wolf | ) edition.cnn.com   time to read: +8 min
But there’s a growing expectation that he will quickly make at least one new vacancy by firing FBI Director Christopher Wray. “There certainly was the question, can any president fire an FBI director when there’s a legislated 10-year term,” Charles said. Robert S. Mueller III, who happened to be the former FBI director. In this 2017 photo, then-President Donald Trump sits with FBI Director Christopher Wray in Quantico, Virginia. Trump wants to go in the opposite direction today and bring the FBI more under the control of the president.
Persons: Donald Trump, Christopher Wray, Trump, Wray, J, Edgar Hoover’s, he’d, James Comey, Comey, Barack Obama, Bill Clinton, William Sessions, Jimmy Carter, Clarence Kelley, Carter, Kelley, Douglas Charles, there’s, ” Charles, Hillary Clinton, Clinton, Andrew Harnik, cascaded, Rod Rosenstein, Rosenstein, Jeff Sessions, Robert S, Mueller III, Mueller, Obama, Trump’s, Paul Manafort, Michael Cohen, Bill Barr, didn’t, Steele, Robert Mueller, Chip Somodevilla, Peter Strzok, Lisa Page, Strzok, Andrew McCabe, McCabe, Wray Wray, John Durham –, Barr, Sessions, Evan Vucci, Douglas Organizations: CNN —, Republican, FBI, Trump, Democratic, GOP, Penn State University, Department, Trump’s Justice Department, NBC News, Senate Intelligence, Justice, Trump’s, Justice Department, Images Trump, CNN, Department of Justice, Teapot Locations: Russia, Washington ,, Washington, New York, Quantico , Virginia
AdvertisementBill Nighy's career surged after starring in the 2003 film "Love Actually." Acclaimed actor Bill Nighy says that his moderately successful career blew up — in a good way — after he starred in the 2003 Christmas film "Love Actually." Nighy starred in the Richard Curtis film as Billy Mack, a legendary rock and roll artist trying to get a No. "Love Actually" was a smash hit, and though Nighy was over 30 years into his acting career, the film revitalized it. And while the success of "Love Actually" changed his working prospects, Nighy says that it hasn't drastically disrupted his day-to-day life.
Persons: Bill Nighy's, Nighy, Bill Nighy, Richard Curtis, Billy Mack, Louise Brown, Patrick Steptoe, I'm, Hugh Grant, Tom Cruise Organizations: Netflix, British, Centre
An Israeli airstrike on a residential building in central Beirut killed at least 11 people on Saturday, the Lebanese Health Ministry said, part of an intensifying Israeli military campaign that appears aimed at pressuring Hezbollah into a cease-fire deal. The strike was an attempt to assassinate a top Hezbollah military commander, Mohammad Haidar, according to three Israeli defense officials who requested anonymity to discuss sensitive military operations. Hezbollah officials on Saturday afternoon said that none of the group’s leaders were at the site of the airstrike, and later in the day, one of the Israeli officials said Mr. Haidar was not killed. The strike came just after 4 a.m., jolting Beirut residents awake with thundering explosions that left much of the city enveloped in acrid smoke. It was the third strike this week in central Beirut, an area that had largely been spared since the war between Hezbollah and Israel escalated.
Persons: Mohammad Haidar, Mr, Haidar, Firass Abiad Organizations: Lebanese Health Ministry, Health Ministry Locations: Beirut, Lebanon, Israel, Basta
Opinion | No Grandchildren in Their Lives
  + stars: | 2024-11-23 | by ( ) www.nytimes.com   time to read: +1 min
To the Editor:Re “Sunset Years in Silent Houses: The Despair of No Grandchildren” (front page, Nov. 12):I appreciated Catherine Pearson’s reporting on people’s feelings about not becoming grandparents, but I have an important contrasting perspective. I am a 68-year-old woman whose two children plan not to have children. As a geologist, I know that climate change is real, human-caused and accelerating. As an animal lover, I can’t look at a squirrel, bird or butterfly without knowing that all species, including ours, carry forever chemicals and nanoplastics in their bodies. Rather than helping to raise grandchildren, I am spending my time volunteering in efforts to keep the planet habitable for future generations — other elders’ future generations.
Persons: , Catherine Pearson’s
CNN —Novak Djokovic announced on social media Saturday that Andy Murray will be joining his coaching team for the offseason and Australian Open. Murray, who retired following the 2024 Olympic Games, will team up with his former on-court competitor in this new role. We had some of the most epic battles in our sport,” Djokovic said in the video posted to social media. Welcome on board coach Andy Murray.”Andy Murray returns a backhand to Novak Djokovic during a practice session in 2021. “I’m going to be joining Novak’s team in the offseason, helping him to prepare for the Australian Open,” Murray said, per AP.
Persons: CNN — Novak Djokovic, Andy Murray, Murray, , ” Djokovic, ” Andy Murray, Novak Djokovic, Clive Brunskill, Djokovic, , Andy, ” Murray, “ I’m, Novak Organizations: CNN, Associated Press, Novak’s Locations: Australia
Russian President Vladimir Putin this week indicated he's willing to take part in negotiations. "Given its own track record in Ukraine, Russia has a history of taking 'a crunch at a time,'" Paul Cormarie, a policy analyst at the RAND Corporation, told BI. AdvertisementPutin has said that as a condition of any peace deal, Ukraine must agree to remain neutral. If Trump takes Ukrainian NATO membership off the table, a different type of security deal could still be negotiated, said Cormarie. A truce containing a watered-down security deal for Ukraine would likely only mean a pause in the war while Russia regathers its strength.
Persons: Trump, Donald Trump's, Vladimir Putin, Volodymyr Zelenskyy, Paul Cormarie, Putin, JD Vance, Trump's, Vance, Timothy Ash, Margus, Cormarie Organizations: Trump, RAND Corporation, Ukraine NATO, Ukraine, NATO, Kyiv Independent, London's, Ukrainian NATO, Financial Locations: Ukraine, Russia, Crimea, Russian, Kyiv, Western, Moscow
A sign of United States Department of Agriculture is seen on USDA building in Washington D.C., United States on June 21, 2023. The United States Department of Agriculture has approved selling cell-cultured chicken. (Photo by Celal Gunes/Anadolu Agency via Getty Images)U.S. President-elect Donald Trump is expected to pick Brooke Rollins, president of the America First Policy Institute, to be Agriculture secretary, The Wall Street Journal reported on Saturday. Department of Agriculture officials and staff negotiate trade deals, guide dietary recommendations, inspect meat, fight wildfires and support rural broadband, among other activities. The America First Policy Institute is a right-leaning think tank whose personnel have worked closely with Trump's campaign to help shape policy for his incoming administration.
Persons: Celal Gunes, Donald Trump, Brooke Rollins, Rollins, Trump, Kelly Loeffler Organizations: United States Department of Agriculture, Washington D.C, Anadolu Agency, Getty Images, America, Policy Institute, Street, Department of Agriculture, CNN Locations: Washington, United States, Trump's, U.S, Mexico, Canada
That is a big blow to the idea of “Bidenomics,” of which Mr. Bernstein was a leading evangelist and architect. The U.S. economy recovered from the pandemic with greater strength than any of its peers. Unemployment stayed below 4 percent for the longest stretch since the 1960s, and remains low. Several prominent economists, peers of Mr. Bernstein’s, argue that the administration’s robust fiscal response caused the inflation. And other issues of affordability — especially housing — have sapped the optimism of many households in the last couple of years.
Persons: Jared Bernstein, Donald J, Trump’s, , Bernstein, Biden’s, Bernstein’s Organizations: White House Council, Economic Advisers Locations: U.S
Enacted by Congress in 2022, "Secure 2.0" ushered in sweeping changes to the U.S. retirement system, including several updates to 401(k) plans. 'Exciting change' for catch-up contributionsFor 2025, employees can defer $23,500 into 401(k) plans, up from $23,000 in 2024. Shorter wait for part-time workersSecure 2.0 has also boosted access to 401(k) and 403(b) plans for certain part-time workers. Starting in 2024, employers were required to extend plan access to part-time employees who worked at least 500 hours annually for three consecutive years. "That's a very good thing for long-term part-time workers" who may have struggled to qualify for 401(k) eligibility, said Stinnett.
Persons: Tang Ming Tung, Dave Stinnett, Jamie Bosse, Dave Stinnett Vanguard's, Alicia Munnell Organizations: Getty, CNBC, Workers, CGN Advisors, America, U.S . Bureau of Labor Statistics, Center for Retirement Research, Boston College Locations: Manhattan , Kansas, That's
The sweeping tariffs that President-elect Donald J. Trump imposed in his first term on foreign metals, machinery, clothing and other products were intended to have maximum impact around the world. They sought to shutter foreign factories, rework international supply chains and force companies to make big investments in the United States. But for many businesses, the most important consequences of the tariffs, enacted in 2018 and 2019, unfolded just a few blocks from the White House. In the face of pushback from companies reliant on foreign products, the Trump administration set up a process that allowed them to apply for special exemptions. The stakes were high: An exemption could relieve a company of tariffs as high as 25 percent, potentially giving it a big advantage over competitors.
Persons: Donald J, Trump Organizations: United States Trade Representative, Commerce Department Locations: United States, China
Insider Today: Vacation-rental red flags
  + stars: | 2024-11-23 | by ( Joi-Marie Mckenzie | ) www.businessinsider.com   time to read: +7 min
AdvertisementThis post originally appeared in the Insider Today newsletter. BI's movie reviewer said that "Wicked," starring Ariana Grande and Cynthia Erivo, is worth the two hours and 41 minutes. This week's dispatchGMVozd/ Getty ImagesHow to win ThanksgivingNo matter how you try to slice it, hosting Thanksgiving dinner is a task. Vacation-rental red flagsMartin Puddy/Getty ImagesAs a full-time traveler, it's fair to say Tammy Barr knows what she's doing when it comes to finding a good vacation rental. AdvertisementMore of this week's top reads:The Insider Today team: Dan DeFrancesco, deputy editor and anchor, in New York City.
Persons: Ariana Grande, Cynthia Erivo, It'll, she's, Ozempic Michael M, Chelsea Jia Feng, Robert F, Kennedy Jr, Big, Martin Puddy, Tammy Barr, Barr, Harold Cunningham, Rebecca Zisser, Philippe, Reid, Craig Karger, Olga Rolenko, Willink, it's, Chad Michael Murray, Jamie, Claire Fraser, Dan DeFrancesco, Grace Lett, Lisa Ryan, Amanda Yen Organizations: Business, US Naval Academy, Costco, RFK, Getty, Department of Health, Human Services, Big Pharma, nab, BI, Retired Navy, Hulu, Starz Locations: New York City, New York
But first came an invitation to have dinner in the suburbs with a senior official from their party in the Indian state of Maharashtra. They would share a car ride, and Mr. Deshmukh could catch the train from there. That, Mr. Deshmukh said, is when he realized he was being kidnapped. Mr. Deshmukh had become a pawn in what is known as “resort politics,” a longstanding practice unique to India’s rough-and-tumble democracy. To ensure that they would stick to the plan, the lawmakers were moved to other states and isolated in luxury resorts.
Persons: Nitin Deshmukh, Deshmukh, Mr, Locations: Mumbai, Indian, Maharashtra
Neighbors breathed a sigh of relief this week when an empty shipping container appeared outside the dilapidated red house in Massapequa Park that has become known as the home of the accused Long Island serial killer. “The best thing that could happen is they knock that house down and build a brand-new one so that the memory of all this is obliterated,” said a neighbor, Albert Cella, 80. “All this” referred to the sensation caused by the arrest last year of Rex Heuermann, 61, who prosecutors say presented himself as a family man in the little red house all while committing the Gilgo Beach murders. With Mr. Heuermann in jail awaiting trial after pleading not guilty, and his wife, Asa Ellerup, being paid to participate in a documentary series, the family is moving out. Ms. Ellerup and the couple’s two adult children are relocating to a South Carolina property purchased years ago as a retirement home, and she will put the Long Island home up for sale after her divorce from Mr. Heuermann becomes final in about six months, their lawyers said.
Persons: Long, , Rex Heuermann, Heuermann, Asa Ellerup, Ellerup Locations: Massapequa, Albert, South Carolina
CNN —The Israeli Prime Minister’s office says that an Israeli citizen living in the United Arab Emirates has been missing for two days. The PMO said in a statement Saturday that Zvi Kogan, an Israeli-Moldovan citizen, had been missing since Thursday afternoon. Kogan is a representative of Chabad, a religious movement of Hasidic Jews with communities, synagogues and other institutions in many countries. This is a developing story. More to come.
Persons: PMO, Zvi Kogan, Kogan, , Organizations: CNN, United Arab, Moldovan, National Security Agency Locations: United Arab Emirates, Israeli, UAE
Stock for Sale by Cabinet Members
  + stars: | 2024-11-23 | by ( Lauren Hirsch | ) www.nytimes.com   time to read: +1 min
As President-elect Donald Trump takes an unconventional approach to stocking his cabinet, he’s also embracing one candidate pool that has plenty of precedent: Wall Street chief executives. On Friday, Trump picked Scott Bessent, a top economic adviser and the founder of Key Square Group, a hedge fund, to be his Treasury secretary. He previously tapped Howard Lutnick, the chief executive of the financial services firm Cantor Fitzgerald, for commerce secretary. Executives appointed to government positions are often required to make extensive stock divestitures, so the path from Wall Street to Washington can be particularly complex (while also offering an opportunity to avoid certain taxes). Bessent’s potential departure from Key Square may trigger “key man provisions” that often protect clients of hedge funds if top executives leave.
Persons: Donald Trump, he’s, Trump, Scott Bessent, Howard Lutnick, Cantor Fitzgerald Organizations: Wall Street, Key Square Locations: Washington
CNN —Armed and hooded members of the Venezuelan security forces have surrounded Argentina’s embassy in Caracas, according to leaders of the country’s opposition. Six members of the opposition are currently taking refuge in the embassy, having fled there to escape a crackdown by Venezuelan authorities in the run-up to July’s presidential elections. Omar Gonzalez, another opposition member living in the embassy, posted a video on X showing Venezuelan police outside the diplomatic building. Venezuelan President Nicolás Maduro claimed victory in the July election, despite widespread skepticism in the country and overseas about the result. Similar scenes took place in September, when Venezuelan security forces surrounded the Argentine embassy.
Persons: Pedro Urruchurtu, Maria Corina Machado, Omar Gonzalez, Nicolás Maduro, Edmundo Gonzalez –, , , ” Gonzalez Organizations: CNN, National Police, Venezuelan, Argentine Locations: Venezuelan, Argentina’s, Caracas
CNN —The McRib is returning to menus this holiday season – but don’t get used to it. Essentially, consumers don’t know when it will show up next — and that element of surprise also drives demand. “It creates this sense of urgency that you have to get it now because you don’t know when it’s coming back. You don’t know if it’s coming back,” Henkes said. It’s so popular that the McDonald’s website listed “Why isn’t the McRib sold year-round?” as a frequently asked question.
Persons: McDonald’s, Nacho Fries, hasn’t, , Michael Della Penna, Stephen Zagor, David Henkes, Technomic, it’s, ” Henkes, Henkes, Brian Niccol, Zagor Organizations: CNN, Columbia Business School, Starbucks, Facebook, Locations: Kansas City
CNN —Beyoncé proved that she and her Destiny’s Child sisters are true survivors with a warm appreciation post shared to her Instagram on Saturday morning. The carousel of content showed Beyoncé and her mother Tina Knowles in attendance at the Lunt-Fontanne Theatre for the show, along with Kelly Rowland, who rounded out the Destiny’s Child trio in its final formulation. Videos and photos showed the three divas smiling in the theater, with Williams in costume. In the new musical, Williams plays Viola Van Horn, based on the mysterious character immortalized in the movie by Isabella Rossellini, who gives the women the potion. “Death Becomes Her” the musical has been earning rave reviews and also stars Tony-nominated Broadway performers Megan Hilty and Jennifer Simard.
Persons: CNN — Beyoncé, Carter, Michelle Williams, Beyoncé, Tina Knowles, Kelly Rowland, Williams, Robert Zemeckis, Meryl Streep, Goldie Hawn, Bruce Willis, Viola Van Horn, Isabella Rossellini, Tony, Megan Hilty, Jennifer Simard Organizations: CNN, Broadway, Fontanne Locations: New York
Malic said life in Dubai was glamorous, but she got burned out at work and missed parts of Phoenix. This as-told-to essay is based on a conversation with Jessika Ros Malic, a former Emirates stewardess from Phoenix, about living in Dubai. AdvertisementI had a glamorous life in Dubai and loved travelingUpon arriving, Emirates housed me in an apartment. Temperature-wise, Dubai is comparable to Phoenix, but Dubai is much more humid because of the ocean. Because of Emirates, Dubai was affordable for me.
Persons: Malic, Jessika Ros Malic, It's, we'd, Manseen Logan Organizations: Emirates, Dubai — Locations: Phoenix, Dubai, Emirates, it's, Phoenix ., South Phoenix, mlogan
Opinion | Three Theories of the Trump Cabinet
  + stars: | 2024-11-23 | by ( Ross Douthat | ) www.nytimes.com   time to read: +1 min
It did seem, at least, that the appointments to Trump’s cabinet might help us make plausible statements about the trajectory of his administration. That Trump has picked more loyalists than last time is true, inevitable and not especially useful in terms of figuring out how exactly (apart from never appointing a special prosecutor to investigate the boss!) That some of his nominees are eccentric or unfit-seeming and others are more conventional is likewise to be expected. Neither observation gives us a general theory of Trump 2.0. Instead, let’s consider three subtheories of how this cabinet might actually work.
Persons: Donald Trump’s, Trump, let’s, Matthew Zeitlin Organizations: Trump
Germany's Merkel laments influence of big business on Trump
  + stars: | 2024-11-23 | by ( ) www.cnbc.com   time to read: +1 min
Former German chancellor Angela Merkel has called the influence of tech billionaires such as Elon Musk over U.S. President-elect Donald Trump a "huge concern". In an interview with the news magazine Der Spiegel published on Friday ahead of the release of her memoir, Merkel said the job of politics was ultimately to balance the interests of ordinary and powerful citizens. "If this ultimate recourse is influenced too strongly by companies, whether through capital power or technological capabilities, then that is an unprecedented challenge for all of us," she said. She cited the example of Musk, chief executive of Tesla and SpaceX, who was tapped by Trump to co-lead a new Department of Government Efficiency that the incoming president has indicated will operate outside the confines of government. "If a person like him [Musk] owns 60% of all satellites orbiting in space, then that has to be a huge concern for us in addition to the political issues," Merkel said.
Persons: Angela Merkel, Elon Musk, Donald Trump, Der Spiegel, Merkel, Musk, Tesla, Trump Organizations: Elon, SpaceX, of Government Efficiency
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