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Wednesday, November 27, 2024

Good Morning! On this day in 1895, Alfred Nobel signed his third and final will, which caused controversy because he left much of his fortune to establish the Nobel Prize.

In today's edition, we explore how the USPS plans to deliver an estimated 800 million packages this holiday season. Plus, we share a method to manage the clutter that often comes with the surge in holiday deliveries.

Today's sponsor is Public Rec. Be sure to take advantage of their sitewide Black Friday sale.

Trump Plans Tariffs on Mexico, Canada

President-elect Donald Trump announced plans to impose new tariffs on Mexico and Canada upon taking office, aiming to combat illegal immigration and drug trafficking.

Trump proposed a possible 25% tax on all products entering the U.S. from Canada and Mexico as well as a long-promised 10% tariff on goods from China as part of his first batch of executive orders.

Critics pushed back against new tariffs, citing possible economic harm as shares of automakers General Motors and Stellantis fell Tuesday morning following Trump's announcement.

Overall, investors seemed comfortable with the prospects of tariffs, as stocks rose Tuesday, with the S&P 500 and Dow Jones Industrial Average reaching new highs.

Storms to Impact Thanksgiving Travel

Powerful winter storms are forecast to disrupt Thanksgiving travel across the U.S., bringing rain and mountain snow to the West and a mix of rain, freezing rain, and snow to the East.

A developing low-pressure system is expected to cause additional travel challenges on the East Coast, affecting Thanksgiving and Black Friday plans. Rain and snow are predicted to span from the Southeast to northern New Hampshire and Maine.

More than 2,000 flights have already been delayed due to weather concerns, with nearly 100 flights canceled.

Walmart Pulls Back on DEI Policies

Walmart announced Monday it's scaling back its diversity, equity, and inclusion (DEI) policies, becoming the largest U.S. corporation to retreat from such programs.

The retail giant, which employs 1.6 million workers in the U.S., will end its $100 million racial equity center commitment, pull out of a major LGBTQ+ workplace index, and remove race and gender considerations from supplier contracts.

The decision comes as corporate DEI programs face increased scrutiny following the Supreme Court's 2023 ruling that ended affirmative action in college admissions. This ruling has prompted conservative groups to file legal challenges targeting workplace diversity initiatives.

Walmart joins other major companies, including Ford, Lowe's, Tractor Supply, and Harley-Davidson, in scaling back DEI efforts in recent months.

➤ Israel and Hezbollah agreed Tuesday to a permanent ceasefire, brokered by France and the U.S., set to take effect today at 4 a.m. local time. (See Details)

➤ President-elect Donald Trump secured another legal victory Tuesday, as the 11th Circuit Court of Appeals dropped his Florida documents case, ending the effort to charge him over retaining classified records. (More)

➤ Incoming border czar Tom Homan joined Greg Abbott in Eagle Pass Tuesday, praising the Texas governor for his border security efforts and serving Thanksgiving meals to troops. (More)

➤ President Joe Biden and First Lady Jill Biden will attend President-elect Donald Trump's inauguration in January, White House officials confirmed. (More)

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➤ The Week 4 College Football Playoff rankings showed no change in the top four of Oregon, Ohio State, Texas and Penn State, but Indiana dropped to 10 and Notre Dame moved to No. 5. (See Rankings)

➤ Baltimore Ravens head coach John Harbaugh improved to 3-0 in matchups against his brother, Jim Harbaugh, following a 30-23 win over the Los Angeles Chargers on Monday Night Football. (More)

➤ The University of North Carolina fired head coach Mack Brown just one day after he publicly stated his intention to return for the 2025 season. Brown, a College Football Hall of Famer, was one of only three active coaches with a National Championship victory. (More)

➤ Yesterday's Results: NCAAF | NBA | NHL | NCAAM | NCAAW

Today's holiday section is brought to you by:

The U.S. Postal Service says it's ready for the holiday surge, with plans to deliver 800 million packages between Thanksgiving and New Year's, using 7,500 new seasonal workers and 506 sorting machines. (More)

Looking beyond traditional Thanksgiving pies? From no-bake pumpkin cheesecake to chocolate mousse cake, these 17 alternative desserts promise to shake up your holiday dessert table. (See Recipes)

Design experts revealed 2024's top Christmas tree trends: multiple trees per home, realistic evergreens, space-saving styles, and natural decorations featuring earth tones. (See Designs)

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Daily Market Report 11/26/2024

▲	NASDAQ National Association of Securities Dealers Automated Quotations	19,174.30	0.63%
▲	SPX S&P 500	6,021.63	0.57%
▲	DJI Dow Jones Industrial Average	44,860.31	0.28%
▼	BTC Bitcoin	$92,031.55	-1.15%
▲	GOLD Per Ounce	$2,633.80	0.65%
▼	KSS Kohl's Corporation	$15.22	-15.22%

*Gold and Bitcoin are traded 24 hours a day.

➤ Big Stock Move: Kohl's shares tumbled 15% Tuesday after the retailer missed earnings expectations and announced CEO Tom Kingsbury would step down in January. (More)

➤ Consumer confidence rose in November to its highest level since July 2023, according to the Conference Board's report on Tuesday. (See Details)

➤ The Biden administration proposed a new rule Tuesday to expand Medicare and Medicaid coverage for weight-loss drugs like Wegovy and Zepbound. The policy could cost taxpayers up to $35 billion over the next decade. (See Details)

➤ A Senate report released Tuesday revealed that U.S. airlines collected $12.4 billion in seat selection fees since 2018, with United alone making $1.3 billion last year. Airline executives face questioning in Congress next week. (More)

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➤ The Biden administration has finalized an agreement with Intel worth nearly $8 billion to build semiconductor manufacturing facilities in four states under the CHIPS and Science Act. (More)

➤ A NASA scientist doing an Arctic flyover captured images of Camp Century, a defunct Cold War base buried 100 feet beneath Greenland's ice. (See Image)

➤ A camera aboard the ISS captured SpaceX's Starship launch last week, potentially providing the first real-time footage of a rocket launch from space. (See Launch)

➤ Cognitive shuffling is a doctor-backed technique designed to help you drift into sleep by refocusing your mind and making it easier to quiet racing thoughts. (See Technique)

➤ If you've been wanting to tackle clutter, the chaos method could help. Confronting everything at once clarifies what to keep and how to organize effectively. (See Method)

➤ The secret to magnetic conversations isn't charm or wit, according to a renowned psychologist. Her research reveals an unexpected mental habit that changes everything. (See Habit)

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➤ Rosetta Stone Cyber Week Sale: $149 for lifetime access to language learning in 25 languages. To make your holiday shopping easier, we're offering Black Friday pricing now! We guarantee you won't find a lower price on our site for the rest of the year, so buy with confidence and complete your holiday shopping today. (See It Here)

➤ To watch the Macy's Thanksgiving Parade, tune in Thursday at 8:30 a.m. local time on NBC or stream it live on Peacock. This year features floats, balloons, and stars like Jennifer Hudson, Kylie Minogue, and Billy Porter. (See Details)

➤ "Demure" is Dictionary.com's 2024 Word of the Year, meaning modest or reserved. The term went viral after a social media influencer's playful phrase captivated fans. (More)

➤ A tiny pudu fawn, weighing just 2.7 pounds, was born at Argentina's biopark, offering hope for the near-threatened deer species. (See Photos)

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