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winph 99 Trump's first actions and job data to test US market in JanuaryStickler First With Live Commerce Analytics App in TikTok Shop App StoreStock futures traded flat Tuesday, a day after the Dow Jones Industrial Average closed at a new record , as investors assessed the threat of new tariffs from President-elect Donald Trump. Futures tied to the Dow were up 37 points, or 0.1%. S&P 500 futures traded around 0.1% higher along with Nasdaq-100 futures . On Monday evening, Trump called for a 25% tariff on products from Mexico and Canada, as well as an additional 10% levy on Chinese goods. He has already said he would impose a tariff of up to 20% on all imports, and an additional duty of at least 60% on products from China. To be sure, Wall Street appeared to be taking the news in stride, "both because investors don't entirely believe the levies will wind up being implemented and as the headlines are counteracted by favorable year-end seasonality and decent earnings," according to Adam Crisafulli of Vital Knowledge. Stocks are coming off an action-packed session fueled by Trump's new Treasury secretary pick , hedge fund executive Scott Bessent. The gains helped refuel the belief that the postelection rally is back in full gear following a brief breather. The 30-stock Dow popped roughly 440 points, or about 1%, to a new record close during regular trading. The S&P 500 gained 0.3% to notch a new all-time intraday high, while Nasdaq Composite edged up about 0.3%. The Russell 2000 hit a new intraday high — its first record since 2021 — as investors piled into small caps. Meanwhile, Treasury yields fell as traders took a favorable view of Bessent leading the Treasury department. Many investors view the hedge fund manager as a champion of financial markets and the economy given his background, and as someone who could potentially counteract some of Trump's aggressive trade aspirations. "These policies may take more time to play through into the market actually get enacted," NewEdge chief investment officer Cameron Dawson told CNBC's " Closing Bell " on Monday of potential new policies from the Treasury pick. "It's definitely a question mark of how much impact he can have in the short run as we round the year." The U.S. market is closed Thursday for the Thanksgiving holiday and set to close early Friday, with volume expected to remain light. Ahead of the holiday, investors are looking ahead to October's personal consumption expenditure price index. The U.S. dollar hit a high of $1.4177 per Canadian dollar — a level not seen since April 2020 — after President-elect Donald Trump threatened to impose tariffs on goods coming in from Canada and Mexico. The Mexican peso also hit a low of 20.75 against the greenback and was last down more than 1%. — Fred Imbert, Gina Francolla European stock markets opened broadly lower Tuesday, with the benchmark Stoxx 600 index falling 0.63% in early deals. France's CAC 40 lost 0.78%, while Germany's DAX and the U.K.'s FTSE 100 traded down 0.66% and 0.4%, respectively. — Jenni Reid Asia-Pacific markets traded mixed Tuesday, in contrast to Wall Street, which saw U.S. benchmarks notching record highs following President-elect Donald Trump's choice of Treasury secretary. Australia's S&P/ASX 200 fell 0.69% to close at 8,359.4 after hitting a new all-time closing high on Monday . Japan's Nikkei 225 shed 0.87% to close at 38,442, while the Topix lost 0.96% to close at 2,689.55. Japan's service PPI rose 2.9% year on year, higher than the 2.8% rise the previous month. The Kospi slid 0.55% to end at 2,520 and the Kosdaq lost 0.53% to close at 693.15. Hong Kong's Hang Seng Index traded 0.05% higher in its last hour of trade, while mainland China's CSI 300 added 0.21% to close at 3,840.18. — Lee Ying Shan President-elect Donald Trump plans to raise tariffs by an additional 10% on all Chinese goods coming into the U.S., according to a post Monday on his social media platform Truth Social . The post immediately followed one in which Trump said his first of "many" executive orders on Jan. 20 would impose tariffs of 25% on all products from Mexico and Canada. Trump is set to be inaugurated as the next U.S. president on Jan. 20. Read the full story here. —Evelyn Cheng Gold prices lost about 3% after President-elect Donald Trump picked Scott Bessent as his Treasury secretary , with reports of Israel and Hezbollah nearing a ceasefire deal also eroding the safe-haven metal's appeal. Spot prices of the yellow metal dropped 3.44% to $2,616.80 per ounce, according to data from Factset. Gold futures on the New York Mercantile exchange were trading at $2,628.5. "The ~$100 wipeout in Gold today is as severe in size & pace as the post U.S. election selloff on Nov 6th," MKS Pamp's head of metals strategy, Nicky Shiels said. Read the full story here . — Lee Ying Shan Rumble , a video platform focused on conservatives, said Monday evening that it will begin allocating a portion of its excess cash reserves to bitcoin and making purchases of up to $20 million in the cryptocurrency. Shares rose nearly 4% in extended trading. The move puts Rumble in the same company as MicroStrategy , which began employing an aggressive bitcoin-buying strategy in 2020 and has primarily traded as a proxy for the crypto's price since then. That stock is up more than 500% this year. Meanwhile, bitcoin has gained 118%. For more, read our full story here . — Tanaya Macheel President-elect Donald Trump pledged he would impose a 25% tariff on products coming into the U.S. from Canada and Mexico, according to a Monday post on his social media platform Truth Social. "On January 20th, as one of my many first Executive Orders, I will sign all necessary to charge Mexico and Canada a 25% Tariff on ALL products coming into the United States," Trump said in his Truth Social post. He also pledged "an additional 10% tariff" on Chinese goods. The president-elect has already proposed imposing a duty as high as 20% on all imports, including levies exceeding 60% on products from China. Read more about the tariffs from CNBC's Evelyn Cheng here . — Darla Mercado Here are the stocks on the move in extended trading: Read the full list here. — Samantha Subin Stock futures opened slightly higher Monday. Futures tied to the Dow Jones Industrial Average added 45 points, or 0.1%, while S&P 500 futures and Nasdaq 100 futures each rose about 0.15%. — Samantha Subin

Bizarre Mark Zuckerberg interview sparks outrage over his attempt to be 'normal' By SONYA GUGLIARA FOR DAILYMAIL.COM Published: 21:53, 22 December 2024 | Updated: 22:00, 22 December 2024 e-mail View comments Mark Zuckerberg 'being human' in a recent interview clip sparked a flood of passionate online reactions. The social media mogul , 40, spoke with Bloomberg's Emily Chang in July. The outlet shared a bonus segment of an outdoorsy Zuckerberg on Thursday. But many saw the interview as a strange attempt from the notably robotic billionaire to seem more relatable, down to earth and generally 'normal.' 'This is bait right? You can't talk about humanity with something that is not human,' some wrote underneath the YouTube post. Down to the video's title - Mark Zuckerberg on Life, History and Being Human - viewers were convinced this was some kind of ploy to sway public perception of him. 'I had to laugh at the title,' one person commented. 'Human..... Zuckerberg human ?' Someone agreed: 'What does he know about being human?' Set at Zuckerberg's $59 million Lake Tahoe compound, he told Chang about his family, parenting experiences and hobbies - even taking the journalist lake surfing with him and his wife Priscilla Chan, 39. Mark Zuckerberg, spoke about 'being human' with Bloomberg's Emily Chang in July Zuckerberg showed off his lake surfing skills in Lake Tahoe, trying to prove his humanism, as many commenters speculated The Meta CEO was able to catch a can while he was lake surfing with Chang and his wife Priscilla Chan 'If there’s a place people can go to escape technology, it’s the middle of Lake Tahoe. But this is the setting where Zuckerberg shows how oblivious he is to most of humanity,' SFGate columnist Julie Brown Davis wrote. Zuckerberg, Chang and Chan sat on a boat in the lake while the businessman spoke about braiding his child's hair. He added how his third kid's first word was 'brr' - the sound a bear makes. As the interview progressed, Chang asked if Zuckerberg's lake home was an escape from his fast-paced life in Palo Alto, California . The Meta CEO responded: 'I don’t know, I like being in Palo Alto and out there, too. But it’s just kind of nice to spend time up here over the summer and get the kids out on the lake and teach them some different sports.' Following up on his response, Chang asked if Zuckerberg was 'embracing his billionaire era' with his Lake Tahoe and Hawaii properties , as well as his yacht. Zuckerberg tried to stay humble in his reply and did not address the monetary aspect of the question. He explained that at his Kauai property is used mainly for ranching and described the 'doomsday' bunker in the basement there as a 'little shelter' after Chang inquired about it. 'I think it got like blown out of proportion as if the whole ranch was some kind of like doomsday bunker, which is not just not true,' Zuckerberg casually clarified. Zuckerberg told Chang about his family, parenting experiences and hobbies One commenter reacted: 'The beginning where he tried to explain his apocalypse bunker was very sus.' 'Why not just jump into the METAVERSE it's safer,' someone humorously added. Read More Everyone's saying the same thing about Mark Zuckerberg's meeting with Donald Trump He spoke about his love of history - specifically the Roman Empire - and his support of AI software . Zuckerberg disclosed that he has a fairly good life 'balance' that allows him to enjoy his life outside of work, offering the audience a peak into his childhood. He told Chang: 'My parents emphasized that it's important to do more than just academics. Like they wanted us to do sports - I mean, I used to fence pretty competitively - when I was younger. 'I want our kids to be like that too, we teach them surfing, Ju-jitsu and martial arts.' Out on the lake, Chang started asking Chan, who runs the philanthropic Chan Zuckerberg Initiative, about how AI ties in with science. After the briefly academic chat, the trio jumped into the water to start lake surfing - when a boat tugs a surfboard through the lake. Chang went first, struggling to stand up on the board while Zuckerberg and Chan cheered her on. Zuckerberg, Chang and Chan set out on a boat to go surfing in the lake. The billionaire said it is important to have hobbies outside of academics The 'bonus clip' came from an interview that Chang conducted over the summer that gave a peak into Zuckerberg and Chan's lives Zuckerberg went after her, effortlessly gliding along the boat-made waves. At one point, someone tossed him a can that he caught with both hands. She references a video circulating the internet of Zuckerberg lake surfing in a tuxedo while drinking from a can and waving an American flag - a bizarre scene that caused many to question if it was real or not. 'I'm here to say, he's human and he really did it,' Chang said. The last portion of the nearly 10-minute segment contains a more serious discussion of technology. Chang asked: 'Do you think tech changed the very essence of what it means to be human?' Zuckerberg said: 'It frees us up to be more creative and more focused on living out our values.' The interview concluded after Chang gifting Zuckerberg with a large bottle of sunscreen as she giggled. She was likely poking fun at a viral picture of Zuckerberg with his face smothered in sunscreen . Swarms of viewers has the same idea in mind - 'He has no idea what “being human” even is.' Zuckerberg has been repeatedly criticized for his seemingly odd and robotic tendencies Zuckerberg's lavish $59 million compound sits right near Lake Tahoe 'He ain't human. He's an alien,' another jabbed. One commenter described this video as a 'PR campaign; for Zuckerberg to prove his humanism. 'He loaded the human emotion for this interview,' someone joked. Despite being the brunt of several jests and receiving backlash, a few Zuckerberg fans enjoyed learning a bit more about him. 'Thank you, Mark, for doing this. I'm glad people like you are interacting with the public through interviews like this,' one user said. 'He's like surprisingly down to earth and normal,' another added. One user even praised Zuckerberg's character: 'Great dude, enjoys life, nature, tech and interested in history.' Meta Mark Zuckerberg YouTube Share or comment on this article: Bizarre Mark Zuckerberg interview sparks outrage over his attempt to be 'normal' e-mail Add commentHow Trump's bet on voters electing him managed to silence some of his legal woes

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Children of the wealthy and connected get special admissions consideration at some elite U.S. universities, according to new filings in a class-action lawsuit originally brought against 17 schools. Georgetown’s then-president, for example, listed a prospective student on his “president’s list” after meeting her and her wealthy father at an Idaho conference known as “summer camp for billionaires,” according to Tuesday court filings in the price-fixing lawsuit filed in Chicago federal court in 2022. Although it’s always been assumed that such favoritism exists, the filings offer a rare peek at the often secret deliberations of university heads and admissions officials. They show how schools admit otherwise unqualified wealthy children because their parents have connections and could possibly donate large sums down the line, raising questions about fairness. Stuart Schmill, the dean of admissions at the Massachusetts Institute of Technology, wrote in a 2018 email that the university admitted four out of six applicants recommended by then-board chairman Robert Millard, including two who “we would really not have otherwise admitted.” The two others were not admitted because they were “not in the ball park, or the push from him was not as strong.” In the email, Schmill said Millard was careful to play down his influence on admissions decisions, but he said the chair also sent notes on all six students and later met with Schmill to share insight “into who he thought was more of a priority.” The filings are the latest salvo in a lawsuit that claims that 17 of the nation’s most prestigious colleges colluded to reduce the competition for prospective students and drive down the amount of financial aid they would offer, all while giving special preference to the children of wealthy donors. “That illegal collusion resulted in the defendants providing far less aid to students than would have been provided in a free market,” said Robert Gilbert, an attorney for the plaintiffs. Since the lawsuit was filed, 10 of the schools have reached settlements to pay out a total of $284 million, including payments of up to $2,000 to current or former students whose financial aid might have been shortchanged over a period of more than two decades. They are Brown, the University of Chicago, Columbia, Dartmouth, Duke, Emory, Northwestern, Rice, Vanderbilt and Yale. Johns Hopkins is working on a settlement and the six schools still fighting the lawsuit are the California Institute of Technology, Cornell, Georgetown, MIT, Notre Dame and the University of Pennsylvania. MIT called the lawsuit and the claims about admissions favoritism baseless. “MIT has no history of wealth favoritism in its admissions; quite the opposite,” university spokesperson Kimberly Allen said. “After years of discovery in which millions of documents were produced that provide an overwhelming record of independence in our admissions process, plaintiffs could cite just a single instance in which the recommendation of a board member helped sway the decisions for two undergraduate applicants." In a statement, Penn also said the case is meritless that the evidence shows that it doesn't favor students whose families have donated or pledged money to the Ivy League school. “Plaintiffs’ whole case is an attempt to embarrass the University about its purported admission practices on issues totally unrelated to this case," the school said. Notre Dame officials also called the case baseless. “We are confident that every student admitted to Notre Dame is fully qualified and ready to succeed,” a university spokesperson said in a statement. The South Bend, Indiana, school, though, did apparently admit wealthy students with subpar academic backgrounds. According to the new court filings, Don Bishop, who was then associate vice president for enrollment at Notre Dame, bluntly wrote about the “special interest” admits in a 2012 email, saying that year's crop had poorer academic records than the previous year's. The 2012 group included 38 applicants who were given a “very low” academic rating, Bishop wrote. He said those students represented “massive allowances to the power of the family connections and funding history,” adding that “we allowed their high gifting or potential gifting to influence our choices more this year than last year.” The final line of his email: “Sure hope the wealthy next year raise a few more smart kids!” Some of the examples pointed to in this week's court filings showed that just being able to pay full tuition would give students an advantage. During a deposition, a former Vanderbilt admissions director said that in some cases, a student would get an edge on the waitlist if they didn’t need financial aid. The 17 schools were part of a decades-old group that got permission from Congress to come up with a shared approach to awarding financial aid. Such an arrangement might otherwise violate antitrust laws, but Congress allowed it as long as the colleges all had need-blind admissions policies, meaning they wouldn't consider a student’s financial situation when deciding who gets in. The lawsuit argues that many colleges claimed to be need-blind but routinely favored the children of alumni and donors. In doing so, the suit says, the colleges violated the Congressional exemption and tainted the entire organization. The group dissolved in recent years when the provision allowing the collaboration expired.