>>Ahead Of The Bell
(New York, NY) -- The opening bell rings this morning after Wall Street touched record highs yesterday as investors shrugged off President-elect Trump's threat of new tariffs. Stocks rose after the latest Federal Reserve minutes called for gradual interest cuts rates in the future. Eli Lilly shares advanced five percent after the Biden administration proposed expanding Medicare and Medicaid coverage to include anti-obesity drugs. At the closing bell, the Dow Jones Industrial Average gained 123 points to 44-860, a new high. The S&P 500 added 34 points to 60-21, also a new high. The Nasdaq rose 119 points to 19-174. Investors today will be keeping an eye out for data that includes the first revision of third quarter GDP, personal income and spending, along with weekly jobless claims - released a day early due to the Thanksgiving holiday.
>>Charlotte Airport Strike Over With No Word On Demands
(Charlotte, NC) -- Service workers at the Charlotte Douglas International Airport in North Carolina are back on the job after a 24-hour strike to start the busy travel week. About 700 contracted employees with American Airlines went on strike Monday, demanding better pay. According to a union rep, workers haven't been contacted about their demands yet. Travel was not impacted by the brief work stoppage.
>>Shoppers Expected To Spend Nearly $990-Billion During The Holidays
(Washington, DC) -- The holiday shopping season unofficially begins this week with Black Friday. The National Retail Foundation expects consumers will spend a record 989-billion-dollars during the holidays this year. Black Friday is followed the next day by Small Business Saturday, with December 2nd marking Cyber Monday
>>Instagram's Threads Sees Surge Coinciding With November Election
(New York, NY) -- Instagram's Threads platform has nearly 35-million new users this month. Meta has been trying to lure in users leaving X since Elon Musk's takeover of what used to be Twitter, and keep an edge over a similar new platform called Bluesky Social. Threads' growth rate spiked this month, with 15-million users signing up between November 1st to 14th. This comes as a flurry of users quit X after Musk aligned himself with President-elect Trump.
>>Rivian To Receive $6 Billion Loan To Build Georgia Factory
(Stanton Springs, GA) -- Electric car maker Rivian is poised to receive a large federal loan to build its Georgia factory. The U.S. Department of Energy has announced they plan to give the startup a six-billion-dollar loan to start construction of the plant in southern Morgan and Walton counties. The loan is subject to approval and will require the car maker to adhere to certain conditions. The plant is expected to bring about 75-hundred jobs to the region and has been called the second-largest economic development project in state history.
