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NEW YORK (AP) — Donald Trump used his image as a successful New York businessman to become a celebrity, a reality television star and eventually the president. Now he will get to revel in one of the most visible symbols of success in the city when he rings the opening bell of the New York Stock Exchange on Thursday as he's also named Time Magazine's Person of the Year. Trump is expected to be on Wall Street to mark the ceremonial start of the day's trading, according to four people with knowledge of his plans. He will also be announced Thursday as Time's 2024 Person of the Year , according to a person familiar with the selection. The people who confirmed the stock exchange appearance and Time award were not authorized to discuss the matter publicly and spoke to The Associated Press on condition of anonymity. It will be a notable moment of twin recognitions for Trump, a born-and-bred New Yorker who at times has treated the stock market as a measure of public approval and has long-prized signifiers of his success in New York's business world and his appearances on the covers of magazines — especially Time. Trump was named the magazine's Person of the Year in 2016, when he was first elected to the White House. He had already been listed as a finalist for this year's award alongside Vice President Kamala Harris, X owner Elon Musk, Israeli Prime Minister Benjamin Netanyahu and Kate, the Princess of Wales. Time declined to confirm the selection ahead of Thursday morning's announcement. “Time does not comment on its annual choice for Person of the Year prior to publication,” a spokesperson for the magazine said Wednesday. The ringing of the bell is a powerful symbol of U.S. capitalism — and a good New York photo opportunity at that. Despite his decades as a New York businessman, Trump has never done it before. It was unclear whether Trump, a Republican, would meet with New York's embattled mayor, Democrat Eric Adams , who has warmed to Trump and has not ruled out changing his political party. Adams has been charged with federal corruption crimes and accused of selling influence to foreign nationals; he has denied wrongdoing. Trump himself was once a symbol of New York, but he gave up living full-time in his namesake Trump Tower in Manhattan and moved to Florida after leaving the White House. CNN first reported Wednesday Trump’s visit to the stock exchange and Politico reported that Trump was expected to be unveiled as Time's Person of the Year. The stock exchange regularly invites celebrities and business leaders to participate in the ceremonial opening and closing of trading. During Trump’s first term, his wife, Melania Trump, rang the bell to promote her “Be Best” initiative on children’s well-being. Last year, Time CEO Jessica Sibley rang the opening bell to unveil the magazine's 2023 Person of the Year: Taylor Swift . After the Nov. 5 election, the S&P 500 rallied 2.5% for its best day in nearly two years. The Dow Jones Industrial Average surged 1,508 points, or 3.6%, while the Nasdaq composite jumped 3%. All three indexes topped records they had set in recent weeks. The U.S. stock market has historically tended to rise regardless of which party wins the White House, with Democrats scoring bigger average gains since 1945. But Republican control could mean big shifts in the winning and losing industries underneath the surface, and investors are adding to bets built earlier on what the higher tariffs, lower tax rates and lighter regulation that Trump favors will mean. Trump has long courted the business community based on his own status as a wealthy real estate developer who gained additional fame as the star of the TV show “The Apprentice” in which competitors tried to impress him with their business skills. He won the election in part by tapping into Americans' deep anxieties about an economy that seemed unable to meet the needs of the middle class. The larger business community has applauded his promises to reduce corporate taxes and cut regulations. But there are also concerns about his stated plans to impose broad tariffs and possibly target companies that he sees as not aligning with his own political interests. Trump spends the bulk of his time at his Florida home but was in New York for weeks this spring during his hush money trial there. He was convicted, but his lawyers are pushing for the case to be thrown out in light of his election. While he spent hours in a Manhattan courthouse every day during his criminal trial, Trump took his presidential campaign to the streets of the heavily Democratic city, holding a rally in the Bronx and popping up at settings for working-class New Yorkers: a bodega, a construction site and a firehouse. Trump returned to the city in September to meet with Ukrainian President Volodymyr Zelenskyy at his Manhattan tower and again in the final stretch of the presidential campaign when he held a rally at Madison Square Garden that drew immediate blowback as speakers made rude and racist insults and incendiary remarks . At the stock exchange, the ringing of the bell has been a tradition since the 1800s. The first guest to do it was a 10-year-old boy named Leonard Ross, in 1956, who won a quiz show answering questions about the stock market. Many times, companies listing on the exchange would ring the bell at 9:30 a.m. to commemorate their initial offerings as trading began. But the appearances have become an important marker of culture and politics -- something that Trump hopes to seize as he’s promised historic levels of economic growth. The anti-apartheid advocate and South African President Nelson Mandela rang the bell, as has Hollywood star Sylvester Stallone with his castmates from the film “The Expendables.” So, too, have the actors Robert Downey Jr. and Jeremy Renner for an “Avengers” movie and the Olympians Michael Phelps and Natalie Coughlin. In 1985, Ronald Reagan became the first sitting U.S. president to ring the bell. “With tax reform and budget control, our economy will be free to expand to its full potential, driving the bears back into permanent hibernation,” Reagan said at the time. “We’re going to turn the bull loose.” The crowd of traders on the floor chanted, “Ronnie! Ronnie! Ronnie!” The Dow Jones Industrial Average climbed in 1985 and 1986, but it suffered a decline in October 1987 in an event known as “Black Monday.” Long reported from Washington. Associated Press writer Josh Boak in Washington contributed to this report.NEW YORK , Nov. 26, 2024 /PRNewswire/ -- Rhuna, an advanced event management platform developed by the creators of UNTOLD—ranked #3 globally by DJ Mag and one of the world's largest music festivals—announces its partnership with Plume, the first fully-integrated layer-1 modular blockchain focused on Real World Asset Finance (RWAfi). Reaching over 2 million attendees across 165 events, including partnerships with iconic organizers like UNTOLD Festival, this collaboration is set to revolutionize the $700B+ live events industry with cutting-edge innovation. Building the Future of Onchain Events Rhuna's platform integrates into Plume Network, leveraging its ecosystem of 180+ projects, over 200M transactions, and support from 3.5M testnet users. This partnership enables innovative blockchain solutions that modernize event management, offering capabilities such as: NFT Ticketing & Fraud Prevention : Enabling secure, transparent ticketing with royalties and controlled secondary markets. Real-Time Payments : Supporting fiat and crypto transactions for global flexibility. Advanced AI Analytics & Access Control : Providing optimized event operations through blockchain-backed real-time insights. Community Engagement : Leveraging $RHUNA tokens for loyalty rewards, exclusive experiences, and cross-event benefits, driving long-term attendee value. Rhuna's Proven Track Record Rhuna's platform has already revolutionized event management in the Web2 space, with: 2M+ customers and $3M revenue in 2024, driven by demand from major industry players. Deployment across 165+ stress-tested events, including UNTOLD Festival, which saw 420,000 in attendance in just four days. 65% reduction in operational costs for organizers. 80% time savings for attendees through streamlined event processes. Modular solutions tailored for events of all sizes, from conferences to large-scale festivals. This collaboration amplifies Rhuna's ability to scale globally while delivering cost-effective, engaging, and personalized event experiences. Why This Matters The partnership addresses key challenges in the events industry, combining Rhuna's expertise with Plume's blockchain infrastructure to deliver tangible results, while creating transparent and scalable tools for secure, decentralized event management. " This partnership is a major milestone for the integration of blockchain into real-world industries, " said Chris Yin , CEO of Plume. " With Rhuna's proven success in live events and Plume's infrastructure, we're unlocking the full potential of Web3 to transform how events are managed and experienced. " " We're excited to partner with Plume Network, whose focus on RWAfi and modular blockchain infrastructure perfectly aligns with Rhuna's mission. Plume's technology enhances our platform's scalability, security, and efficiency, helping us deliver seamless, blockchain-powered solutions for event organizers and attendees in real-world asset integration. This partnership is a key step in transforming the events industry, " said Sveatoslav Vizitiu, CEO of Rhuna. About Rhuna Rhuna is a white-label event management platform integrating modular solutions for payments, marketing, ticketing, and analytics into a seamless, blockchain-powered infrastructure. Founded by the creators of UNTOLD, Rhuna's mission is to scale events of all sizes while delivering cost-effective, engaging, and personalized attendee experiences. Learn more at rhuna.io or contact [email protected] . Twitter | Website | Discord | Telegram About Plume Plume is the first fully integrated L1 modular blockchain focused on RWAfi, offering a composable, EVM-compatible environment for onboarding and managing diverse real-world assets. With 180+ projects on its private devnet, Plume provides an end-to-end tokenization engine and a network of financial infrastructure partners, simplifying asset onboarding and enabling seamless DeFi integration for RWAs. Learn more at plumenetwork.xyz or contact [email protected] . SOURCE Plume NetworkAuthorities in Pakistan launch operation to clear Khan supporters from capital
— Recommendations are independently chosen by our editors. Purchases you make through our links may earn us and our publishing partners a commission. Black Friday 2024 delivered some stellar sales from big box retailers like Amazon , Walmart , Target , Wayfair and too many more. If you're looking to shop off the beaten path, Small Business Saturday is the perfect opportunity to support your favorite local shops and discover unique products with exclusive deals. Today, November 30 , small businesses across the country are offering special sales to encourage customers to shop local and support their community and thriving brands. Below, I've highlighted our team's favorite Small Business Saturday shopping recommendations from beauty and fashion to jewelry and CBD . Small Business Saturday shopping recommendations Beauty Alleyoop : Save up to 40% on multi-purpose, travel-friendly Alleyoop makeup with coupon code BFCM . 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Small Business Saturday was established by American Express in 2010 and plays a crucial role in promoting the shopping season for small, thriving businesses. As consumers eagerly anticipate holiday deals and promotions, such as those seen on Black Friday 2024, Small Business Saturday offers a unique opportunity to highlight local community-driven shops. With an increasing emphasis on personalized service and unique products, this day encourages shoppers to explore and invest in local businesses. By participating, you can help contribute to the local economy while still enjoying exclusive deals and discounts. Prices were accurate at the time this article was published but may change over time.
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