Scott Bessent sees a coming ‘global economic reordering.’ He wants to be part of it.
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.
Source:Wall Street Journal
November 25, 2024 09:54 UTC
Solar power glut boosts California electric bills. Other states reap the benefits
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.
Source:Los Angeles Times
November 25, 2024 09:32 UTC
Elon Musk's budget-cutting promises defy arithmetic
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.
Source:Los Angeles Times
November 25, 2024 08:57 UTC
Video Captures Cargo Plane Crashing Near Lithuania’s Capital
4:30After the Storm, a Fight for Survival in Mozambique0:30Israeli Strikes Destroy Buildings Near BeirutNOW PLAYINGVideo Captures Cargo Plane Crashing Near Lithuania’s Capital1:12Nations at COP29 Climate Summit Agree to Annual $300 Billion Pledge0:34Israeli Strike Hits Residential Building in Central Beirut0:32Israel Resumes Strikes South of Beirut0:19Russia Gifts Zoo Animals to North Korea2:16Ukraine Strikes Inside Russia With U.S. Missiles0:58U.S. Vetoes U.N. Resolution Calling for Gaza Cease-Fire1:04Maori Protesters Lead March to New Zealand’s Parliament1:43Uncertainty for Loved Ones of Hong Kong’s Pro-Democracy Activists1:12
Source:New York Times
November 25, 2024 08:42 UTC
NYT ‘Connections’ Hints And Answers For November 25
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?
Source:New York Times
November 25, 2024 07:48 UTC
NYT Mini Crossword Clues And Answers For November 25
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?
Source:New York Times
November 25, 2024 06:46 UTC
More Than 240,000 Hyundai, Genesis And Kia Cars Recalled For Safety
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.
Source:Washington Post
November 25, 2024 06:07 UTC
Egg prices are going even higher. This time it’s avian flu and the holidays
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.
Source:CNN
November 25, 2024 06:04 UTC
Eagles’ Saquon Barkley sets franchise single-game rushing record in statement win over Rams
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.
Source:Fox News
November 25, 2024 05:48 UTC
Lions' David Montgomery welcomes fine for TD celebration
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.
Source:Forbes
November 25, 2024 04:00 UTC
Ukraine Unleashes Western Long-Range Missiles Against Russian Targets
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.
Source:Wall Street Journal
November 25, 2024 03:43 UTC
After Trump's Project 2025 denials, he is tapping its authors and influencers for key roles
FILE - A copy of Project 2025 is held during the Democratic National Convention, Aug. 21, 2024, in Chicago. “President Trump never had anything to do with Project 2025,” said Trump spokeswoman Karoline Leavitt in a statement. “All of President Trumps' Cabinet nominees and appointments are whole-heartedly committed to President Trump's agenda, not the agenda of outside groups.”Here is a look at what some of Trump's choices portend for his second presidency. Trump’s protests about Project 2025 always glossed over overlaps in the two agendas. Throughout the Project 2025 document, Beijing is framed as a U.S. adversary that cannot be trusted.
Source:Forbes
November 25, 2024 03:37 UTC
Regional Coordinators
About SPJ > Regional CoordinatorsAbout the SocietySPJ Leadership: Regional CoordinatorsRegional Coordinators are national leaders in SPJ who serve as a resource for members in their region and are the link between those members and the national organization. Please note: Regional Coordinators no longer serve on SPJ’s board of Directors. For more information about this change, consult SPJ’s bylaws. Region 1 Coordinator Michelle WatsonNational News Editor, CNNEmailBio [CNN.com]Region 3 Coordinator Michael Koretzky@koretzkyRegion 3 BlogRegion 4 Coordinator Ginny McCabeEmail@ginnymccabeRegion 6 Coordinator Joseph RadskeNews DirectorWEAU, Eau Claire@JRadskeEmailRegion 7 Coordinator Loretta McGrawEmailRegion 8 Coordinator Laura GarciaEmail@reporter_lauraRegion 9 Coordinator McKenzie RomeroEmailLinkedIn@McKenzieRomeroRegion 10 Coordinator Donald W. MeyersReporter/multimedia journalistYakima Herald-Republic@donaldwmeyersEmailRegion 10 BlogRegion 11 Coordinator Ankita M. KumarEmail@muk_ankita
Source:CNN
November 25, 2024 03:20 UTC