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How Black Friday spending reflects America’s political divide after the 2024 election
02
Dec
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By Benjamin Hall
Economy

How Black Friday spending reflects America’s political divide after the 2024 election

A red hat reading “Keep America Great” perched on a Christmas tree during a rally in Michigan in December 2019 symbolized the intersection of politics and culture in the United States. Four years later, the 2024 presidential election has once again drawn a sharp line across consumer sentiment, reflecting the confidence – or concerns – of voters as the holiday shopping season begins. Black Friday, the unofficial start of the holiday shopping season, is taking on a new tone this year as political divisions creep into consumer behavior. CNBC spoke to shoppers across the country, including Texas, Michigan, New Jersey,…
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Scott Bessent poised to lead economic policy in Trump’s administration
01
Dec
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By Benjamin Hall
Economy

Scott Bessent poised to lead economic policy in Trump’s administration

Scott Bessent, founder and CEO of Key Square Group LP, has been tapped by President-elect Donald Trump for the crucial role of Treasury secretary. The news has already sparked optimism in financial markets, with stock futures rising and Treasury yields falling early Monday. This reaction followed Friday's announcement that Trump intended to name Bessent, a seasoned Wall Street figure, as his administration's top economic policymaker. The appointment sends a clear signal of Trump's commitment to putting someone with extensive market experience and a shared economic philosophy at the helm of the Treasury Department. Analysts widely praised the decision, noting that…
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K-pop stocks and global music markets see gains amid big announcements and strong performances
25
Nov
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By Benjamin Hall
Culture and Entertainment

K-pop stocks and global music markets see gains amid big announcements and strong performances

JYP Entertainment, the powerhouse behind K-pop sensations like TWICE and Stray Kids, has been on a remarkable upward trajectory. On Friday, November 22, its shares closed at 66,100 won ($47.06), reflecting an 11.3% increase for the week and reaching the highest closing level since May 10. The surge appears to have been fueled by the announcement on Monday 18 November. of Stray Kids' upcoming 2025 stadium tour. This highly anticipated tour, which will hit North America, Latin America and Europe, has created considerable interest in the industry. However, JYP's stock rally has been gaining momentum for weeks, with the company's…
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Penske Entertainment takes over the Grand Prix Association of Long Beach
18
Nov
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By Benjamin Hall
Culture and Entertainment

Penske Entertainment takes over the Grand Prix Association of Long Beach

Penske Entertainment has officially acquired the Grand Prix Association of Long Beach, marking a significant milestone for the IndyCar series. This organization, responsible for the Acura Grand Prix of Long Beach, has been a cornerstone of American motor sport, hosting the longest-running street circuit race in North America. As the event approaches its 50th anniversary, Penske's involvement signals a commitment to substantial investments aimed at improving the future of the race. This acquisition is seen as a strategic move to further embed the NTT INDYCAR SERIES into Southern California's vibrant motorsports culture. Known for its enthusiastic fan base and deep-rooted…
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Apple introduces AI features with iOS 18 update for iPhone 16 lineup
18
Nov
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By Benjamin Hall
Science and Technology

Apple introduces AI features with iOS 18 update for iPhone 16 lineup

Apple has launched a significant free software update, iOS 18, which introduces artificial intelligence features to its iPhone 16 series. This update comes shortly after the release of the new iPhone models, which are priced between $800 and $1,200 and are equipped with the necessary hardware to support these advanced AI functions. In addition to the iPhone 16 models, last year's premium offerings, the iPhone 15 Pro and iPhone 15 Pro Max, also feature processors that will enable AI technology once the iOS 18 update is installed. Additionally, recent iPad and Mac models can benefit from the same software improvements.…
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The Eagles extend their “Hotel California” residency at the Sphere in Las Vegas
11
Nov
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By Benjamin Hall
Culture and Entertainment

The Eagles extend their “Hotel California” residency at the Sphere in Las Vegas

The Eagles, the iconic American rock band, have announced an extension of their highly successful “Hotel California” residency at the state-of-the-art Sphere venue in Las Vegas. Due to huge demand and the quick sell-out of initial shows, the band has added more dates to their residency, giving fans more opportunities to experience this unique musical journey. This extension solidifies the Sphere as a leading entertainment destination and highlights the enduring popularity of the Eagles' timeless music. The “Hotel California” residency is not just a concert; is an immersive experience that celebrates the band's legendary self-titled album. The Sphere's cutting-edge technology,…
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