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Scott Bessent , who is Donald Trump’s pick for Treasury secretary, told the Wall Street Journal that he’ll focus on following through on the president-elect’s tax cut and tariff pledges once he takes office. Putting tariffs in place and reducing spending will also be a focus, Bessent said , though he didn’t go into detail, according to the newspaper’s report. Trump has threatened to hit Chinese shipments with tariffs of 60% . The veteran hedge fund manager added that he’ll work at “maintaining the status of the dollar as the world’s reserve currency,” according to the report. Scott Bessent Photographer: Stefani Reynolds/BloombergRead More: ...

By Ramishah Maruf, CNNNew York (CNN) — Iced coffee just isn’t the same when you make it at home. But there’s science behind why iced coffee is so much better at coffee shops, and current single-serve espresso machine innovations don’t meet that quality despite their marketing. And iced coffee mania comes at a time when coffee production is at risk of surging prices as factors like climate change could slash the global supply. But still, investing in iced coffee could be worthwhile for companies. Almost a quarter of Americans enjoy their coffee cold, according to this fall’s National Coffee Data Trends report.

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Around 4:30 p.m. on Friday, Trump called Bessent at his Palm Beach hotel, telling him he was Trump’s choice. In his first interview following his selection, Bessent said his policy priority will be to deliver on Trump’s various tax-cut pledges. Bessent became one of Trump’s closest advisers by adding depth to his economic proposals and defending his plans for more activist trade policies. “We are going to have to have some kind of a grand global economic reordering," Bessent said at a June event. He criticized trade policy with China for enriching Wall Street, weakening domestic industrial might and failing to lead to Chinese economic reform.

That means green energy paid for by California electricity customers is sent away, lowering bills for residents of other states. Once the state curtailed solar power only on sunny mild spring days when there was little need for air conditioning. He calculates that the retail value of the solar energy thrown away in a year would be more than $1 billion. Because other states may not need the power, California often has to pay them to take it, he said. The commercial solar industry contends that the expansion of storage capacity to bank solar power will eventually eliminate the glut.

A little fiscal math: The federal budget for the fiscal year that began Oct. 1 is $6.8 trillion. That leaves just over a quarter of federal spending: $1.9 trillion in so-called “discretionary spending” that Congress controls annually through its budget process. AdvertisementAnother perspective: Contrary to claims from Presidents Reagan, George W. Bush and Trump, tax cuts do not pay for themselves by spurring economic activity. Extending Trump’s first-term tax cuts, as he’s promised, would add about $4 trillion to the debt over 10 years. For a half-century, no matter which party held power, annual federal spending has been about 21% of the size of the nation’s economy, the gross domestic product.

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You can find them here:Forbes NYT ‘Connections’ Hints And Answers For November 24Hey, there! Today’s NYT Connections hints and answers for Monday, November 25, are coming right up. Let’s make sure that doesn’t happen with the help of some hints, and, if you’re really struggling, today’s Connections answers. What Are Today’s Connections Hints? Today’s Connections groups are...Yellow group — attainGreen group — large groupBlue group — parts of a shipPurple group — associated principles in Chinese philosophyWhat Are Today’s Connections Answers?

Answers for today's NYT Mini Crossword are just ahead. New York TimesIn case you missed Saturday’s NYT Mini, you can find the answers here:Forbes NYT Mini Crossword Clues And Answers For November 24Wondering what tree-dwelling animal has fur that gets tinted green with algae? Don’t worry, because I'm here to help you with the answers for today's NYT Mini crossword. Unlike its larger sibling, the NYT Mini crossword is free to play on the New York Times website or NYT Games app. To help you avoid getting stuck and having to reveal missing letters, here are the NYT Mini Crossword answers for Monday, November 25 (spoilers lie ahead, of course):NYT Mini Crossword Clues And AnswersNYT Mini Across Answers1 Across: Accessory marked down after Halloween, maybe — MASK5 Across: High level?

By Kelly Kasulis ChoMore than 240,000 cars from South Korean automakers Hyundai, Genesis and Kia are being recalled in the United States and Canada over various safety concerns, the National Highway Traffic Safety Administration said in a series of announcements. In one of two separate notices, NHTSA announced the recall of certain electrical vehicles from Hyundai, Kia and Genesis, citing a loss of drive power from damaged charging units that “increases the risk of a crash.”The recalls potentially affect more than 62,872 units from Kia and 145,235 units from Hyundai and Genesis, a luxury division owned by Hyundai Motor Group. The vehicle models listed under the recalls include 2022-2024 models of the Kia EV6, 2023-2024 models of the Genesis G80 EV, 2023-2025 models of the Genesis GV60, 2023-2025 models of the Genesis GV70 EV, 2022-2024 models of the Hyundai Ioniq 5 and 2023-2025 models of the Hyundai Ioniq 6. Continue reading – PAYWALLDisclaimerThe information contained in South Florida Reporter is for general information purposes only. The South Florida Reporter assumes no responsibility for errors or omissions in the contents of the Service.

By Vanessa Yurkevich, CNNNew York (CNN) — Egg prices have risen steadily over the past two years. Egg prices at the grocery store were up 30.4% in October from the year prior, according to the consumer-price index. Increased demand from holiday cooking makes egg prices even more volatile. Avian flu, which is spread through wild birds, has been plaguing farmers and egg supply since January 2022. “Our egg prices really ride the waves associated with high influenza,” said Bernt Nelson, an economist with the American Farm Bureau Federation.

Philadelphia Eagles star Saquon Barkley entered the record books with his performance in a 37-20 over the Los Angeles Rams on Sunday night. He set a record for the most rushing yards in a single game by an Eagles player and finished with the ninth most in a single game. He was four yards away from passing Jamaal Charles, who had 259 rushing yards in a single game. But after the Gainwell touchdown, the Rams missed a field goal on their next drive and punted after that. The veteran quarterback had 243 passing yards on 24-of-36 passing.

The Detroit Lions (10-1) are the hottest team in the NFL and they also may be the best. Offense has been the team's primary calling card through the majority of the season, but the Lions defense has been red hot. The Lions defense forced two Indianapolis fumbles — one by Richardson — and the quarterback recovered both of those miscues. Linebacker Jack Campbell was the leading performer for the Lions defense with 9 tackles and 2 passes defensed. Williams caught 5 passes for 64 yards with a long of 21 yards, while St. Brown caught 6 passes for 62 yards.

Ukraine Unleashes Western Long-Range Missiles Against Russian Targets Biden's green light alters battlefield dynamics as Ukraine strikes deep within RussiaUkraine is ramping up its military capabilities, employing long-range missiles supplied by Western allies to target Russian facilities deep within its borders. These operations come at a time when Russian forces are advancing, capturing territory and consolidifying control over strategic locations. The long-range strikes have stirred significant responses from Russian officials. He stated, "If Ukraine is allowed to use long-range Western-provided missiles against targets inside Russia, it would mean the direct participation of NATO countries in the conflict." Overall, Ukraine's ability to strike deep within Russian-controlled territories exposes the vulnerabilities of the Russian military structure and complicates Moscow’s military calculations moving forward.