Red-Hot AI Stock "Disappearing" Soon? (Get In Now)

Right now, there's an AI stock on the verge of being snapped up by a giant company... And when it does, its price could go flying. The potential gains could be astronomical. You want to get in before that happens... Otherwise the opportunity could pass you by. Your window to buy in is right now...

Trump Taps Teamsters-Backed Chavez-DeRemer For Labor

Nabaparna Bhattacharya
November 23, 2024

Rep. Lori Chavez-DeRemer (R-Ore.), a moderate who lost her House seat this month, has been selected by President-elect Donald Trump to lead the Labor Department in his new term.

Trump praised Chavez-DeRemer, who first won her seat with just 51% of the vote in 2022 and lost it by a two-point margin this year, for her work with both business and labor groups to support American workers, The New York Times reports.

Following Trump’s announcement, National Education Association President Becky Pringle acknowledged Chavez-DeRemer’s legislative record in the House, per a report from AP News.

However, Pringle indicated that educators and working families would closely monitor the confirmation process and hoped Chavez-DeRemer would commit to supporting workers and students.

Also Read: Chamath Palihapitiya’s Suggestion For Donald Trump: ‘Make Paying Taxes Simple And Enforcement…’

Though not a major figure in labor politics, Chavez-DeRemer garnered significant union support during her campaign. She shared endorsements with her Democratic opponent, Janelle Bynum, earning the backing of groups like the Teamsters, firefighters, and ironworkers.

House Speaker Mike Johnson, who spoke at one of Chavez-DeRemer’s rallies, remarked that she received more union endorsements than any Republican he had ever seen, The New York Times added.

While labor leaders criticized Trump’s labor policies during his first term, Chavez-DeRemer’s selection was praised by some in the labor movement. Sean O’Brien, president of the Teamsters, who had been in contact with Trump throughout the campaign, called her appointment a step toward creating more union jobs. Chavez-DeRemer, whose father was a Teamster, has emphasized her work on the fentanyl crisis and law enforcement during her campaign.

As labor secretary, Chavez-DeRemer will face the challenge of possibly reversing Biden-era policies, which focused on expanding worker protections, including new overtime eligibility and protections for gig workers.

Under Trump, it’s expected that many of these measures could be rolled back, alongside stricter enforcement of child labor laws and worker classification regulations, per The New York Times.

The Labor Department’s approach to immigrant workers and workplace safety could also shift, reflecting the broader policy changes anticipated under a second Trump term.

Read Next:

  • Donald Trump's DOGE Initiative To Have ‘Marginal Impact' Says Analyst As Elon Musk Aims To Target Over $500B In Federal Expenditures

Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Image: Wikimedia Commons

Continue Reading...

Popular

Why Walmart, Amazon Stock Could Stumble This Holiday Season

Walmart and Amazon shares tend to drop in December despite holiday shopping frenzy. Discounting for sales reduces profit margins, deterring investors.

UPS to pay $45M to US settle charges that it improperly valued its freight division

UPS will pay $45 million to settle charges that it improperly valued its freight division, the Securities and Exchange Commission announced Friday.

6 AI Stocks Set to Skyrocket in the Next Big Boom - Ad

For over 40 years, Louis Navellier has built his reputation by identifying the most promising tech stocks--long before anyone else. He recommended Apple at $1.49. Dell at under a dollar... And Microsoft at just 39 cents. Now, in the wake of the election, Louis says the next major boom in AI stocks is just beginning. He's identified six AI stocks that are uniquely positioned to capitalize on the current market environment--and potentially deliver massive returns as AI continues to revolutionize industries.

Joe Rogan Says Harris Avoided Podcast Due To One Issue

Joe Rogan opened up about the reasons why an interview with Kamala Harris before the 2024 election never happened.

Shocking Footage from Bill Gates' $100 Billion AI Project - Ad

Jeff Brown flew to Wisconsin to witness Bill Gates' $100 billion AI project firsthand. What he uncovered will blow your mind!

Leavitt Set To Become Youngest-Ever White House Press Secretary

Karoline Leavitt, at 27, will become the youngest-ever White House press secretary in Donald Trump's next administration.

What Trump's DOT Pick Could Mean For EVs, Airlines, Railroad Stocks

President-elect Donald Trump announced Sean Duffy as his pick for secretary of the Department of Transportation (DOT) on Monday. Here's a look at how the latest Trump selection could affect companies in the transportation sector:

Why Trump's Victory Could Fuel the Next AI Surge - Ad

Louis Navellier, tech investor and market veteran, believes Trump's return will drive a second AI boom. Get the top six stocks he recommends before they skyrocket.

Small Caps Rally, Gold Poised For Best Week Since March 2023, Bitcoin Tops $99,000: What's Driving Markets Friday?

Risk appetite remained robust in the final trading session of the week, with all major U.S. indices poised to close the week in positive territory. Small-cap stocks outperformed their large-cap counterparts, continuing their recent streak of dominance.

Delta Chief Says Trump Could Be A 'Breath Of Fresh Air' For Aviation Industry

Delta Air Lines CEO Ed Bastian has suggested the President-elect Donald Trump's administration could provide a "breath of fresh air" for the airline industry, criticizing what he perceives as government "overreach" during President Joe Biden's era.

The Secret Weapon You Need for This Bull Market - Ad

There's a powerful tool that can remove all the guesswork from trading. It's built to trade the key levels for you, buying dips and selling at the right time, without you having to lift a finger. For a limited time, the creators of this incredible tool are holding a free Workshop where you can see the software in action.

Kissing the ring? MSNBC 'Morning Joe' hosts say they met with Trump to reopen lines of communication

MSNBC hosts Joe Scarborough and Mika Brzezinski, fierce critics of President-Elect Donald Trump, say they traveled to Mar-a-Lago for a meeting with him to reopen lines of communication that would better serve their morning show viewers.

Apple's $100 Million Gamble, Tech Giant Moves to Lift Indonesia's iPhone Ban

Apple (AAPL) faces sales ban for iPhone 16 in Indonesia due to not meeting domestic content level; proposes $100M investment to resolve issue.

What Does Trump's Presidency Mean for Elon Musk's AI Venture? - Ad

As new allies, Trump and Musk could reshape America's AI future. Elon Musk's AI startup, xAI, might gain the edge it needs to dominate the industry. A shift in government support, fewer barriers, and a potential "backdoor" into the AI race are just the beginning. Is xAI set to become Elon's most powerful venture yet?

Austria says Russia's Gazprom will cut off natural gas supply this weekend

VIENNA (AP) — Russia’s state-owned natural gas company Gazrom will cut off supplies to Austria’s OMV utility early Saturday, Austria’s chancellor said, adding that his country’s underground gas storage was full and that it had alternative, non-Russia supplies.

Core Fusion Upgrade Introduces Dual Staking And Liquid Bitcoin Staking

The Core Foundation on Wednesday announced the Fusion Upgrade, a significant development for its blockchain platform, aiming to improve Bitcoin staking for a diverse range of users, including financial institutions and individual investors.

24/7 Automated Profits in Crypto - Ad

All key indicators are flashing the same signal: an altcoin season is fast approaching. Access this exclusive workshop for early access to their next set of altcoin picks, a step-by-step blueprint for finding the next big altcoin winners, and a sneak peak at their crypto trading system with a 90% win rate.

Man who stole and laundered roughly $1B in bitcoin is sentenced to 5 years in prison

WASHINGTON (AP) — A computer expert who stole worth billions of dollars at current prices — and then spent years laundering some of the hacked cryptocurrency with help from his wife — was sentenced on Thursday to five years in prison.

Trump's treasury pick could give an indication of what he plans to do about tariffs

WASHINGTON (AP) — President-elect Donald Trump’s decision on a treasury secretary is about far more than whose name will be printed on America’s money.

The Real Hillbilly Elegy - Ad

Obama and Biden's "War on Coal" has left nothing but devastation in its wake. In the beautiful hill-towns of Appalachia, unemployment is sky-high, wages are at record lows. Addiction has overwhelmed these once thriving coal towns. But in a strange twist of fate, something incredible is taking place. A breakthrough that could end America's energy woes and send one government-backed stock climbing.

Strike by workers at a casino near the Las Vegas Strip enters 2nd day

LAS VEGAS (AP) — A walkout by hundreds of hospitality workers at a casino near the entered its second day with union members willing to undergo the financial hardships of being out of work as they wait for a new contract.

'Inside the NBA' will air on ESPN and ABC as part of settlement between WBD and NBA

“Inside the NBA” will continue, even though games will no longer be airing on TNT at the end of this season.

Single Stock Blueprint Available Now - Ad

Market Wizard Larry Benedict is one of the most successful traders you'll ever meet...But he doesn't make money the traditional way. In short: It's a way to trade just one stock...And potentially make all the money you need to fast-track your retirement -- no matter what happens in the stock market.

German Cannabis: 20 Tons, 10M Grams - And That's Only 0.3% Of The Market, What's Missing?

Medical cannabis users still represent less than 0.3% of the population, indicating significant potential for market expansion.

What will happen to CNBC and MSNBC when they no longer have a corporate connection to NBC News?

Comcast's means that there will soon be two television networks with “NBC” in their name — CNBC and MSNBC — that will no longer have any corporate connection to NBC News.

Buffett, Bloomberg, & 48 Congress Members Are Buying 1 Sector - Ad

Why are Warren Buffett, Jeff Bezos, Michael Bloomberg, "The Walmart Family", Bill Gates, and 48 members of Congress shifting their stocks in a frenzy? And why are they all piling into ONE unique corner of the market... The last time we saw the world's wealthiest investors move their cash into this corner of the market, Stocks exploded 2,020%, 5,609% Even as high as 8,437% in just ONE year. Now, it's all happening again.

Swiss esports event canceled after 3 squads pull out over host team founder's anti-abortion comment

GENEVA (AP) — An event billed as Switzerland's biggest esports competition has been canceled after the host team's founder posted an anti-abortion comment on social media, triggering outrage that led three rival squads to pull out.

India's Adani Group shares show some recovery despite uncertainty over US bribery and fraud charges

NEW DELHI (AP) — Indian tycoon and one of Asia's richest men, Gautam Adani, may be facing his biggest challenge yet with an indictment by U.S. prosecutors for alleged fraud and bribery. But it was unclear just how far the implications will affect his businesses and own future — as well as the Indian economy and government.

Elon Musk: "AI Will Run Out of Electricity ... in 2025" - Ad

This AI boom is going to push America's power grid to the brink... Elon Musk even recently said that AI could run out of electricity by 2025. This crisis may just reveal one of the greatest investment ideas we are ever going to find. My research has recently uncovered two companies that could make a massive difference today.

What to know about Lori Chavez-DeRemer, Trump's pick for labor secretary

WASHINGTON (AP) — on Friday named Oregon Rep. Lori Chavez-DeRemer to lead the Department of Labor in , elevating a Republican congresswoman who has strong support from unions in her district but lost reelection in November.

Gold is suddenly not so glittery after Trump's White House victory

NEW YORK (AP) — After ripping higher for much of this year, the price of gold has suddenly become not so golden since Donald Trump's victory in the presidential election.

The Next Wave of Tech Is Beyond AI - Ad

Big Tech is currently making a series of peculiar investments in a few strange companies. In fact, Elon Musk says these investments are critical when it comes to solving the number one problem facing AI. Now, Silicon Valley legend Michael Robinson has identified two companies that could play a significant role in the solution. Their stocks just may be the key to AI 2.0.

Working Well: The simple act of taking deep breaths can reduce stress and anxiety

NEW YORK (AP) — A simple, uncommon ritual starts each staff meeting at Myosin Marketing. When everyone is gathered , and before they get to the meat of the agenda, CEO Sean Clayton leads his team through .

The Dark Truth About AI Stocks - Ad

All the signs show the AI market is about to reverse. And unless you know what's really going on in this sector, you could be wiped out. Inside this new expose, you'll discover exactly how the AI crisis will unfold... how you can prepare for it before it's too late... and how you can potentially profit from it, too.

Federal Reserve's likely slowdown in rate cuts could disappoint borrowers

WASHINGTON (AP) — Just a few weeks ago, the path ahead for the Federal Reserve looked straightforward: With inflation cooling and the job market slowing, the Fed appeared on track to steadily cut interest rates.

Trump has vowed to kill US offshore wind projects. Will he succeed?

ATLANTIC CITY, N.J. (AP) — Opponents of offshore wind energy projects expect President-elect Donald Trump to kill an industry he has vowed to end on the first day he returns to the White House.

Trump's Win Could Signal Economic Change -- Are You Ready? - Ad

As Trump begins his next term, Americans may see shifts in policies that could reshape the economy. These changes, along with rapid advancements in technology, could present both challenges and opportunities. Don't be caught off guard -- see how you can prepare to secure your financial future, whatever comes next.

California voters reject measure that would have raised minimum wage to nation-high $18 per hour

SACRAMENTO, Calif. (AP) — Voters in California have rejected a ballot measure that would have raised the state minimum wage to , the highest in the country.

Trending Now

Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.

Copyright markethundred.com
Privacy Policy | Terms of Service