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Trump gets jail warning for violating hush money trial gag order; Stormy Daniels ex-lawyer testifies

The criminal hush money trial of former President Donald Trump resumed in Manhattan Supreme Court for the second week of witness testimony.

Home prices soar even higher in February, despite higher mortgage rates, says S&P Case-Shiller

It marked another increase after the prior month's annual gain of 6%, and the fastest rate of price growth since November 2022.

U.S. crude oil falls below $82 a barrel after disappointing inflation, manufacturing data

Crude oil futures moved slightly higher after Israeli Prime Minister Benjamin Netanyahu dismissed hopes of a proposed hostage deal would prevent a Rafah attack.

Worker pay rose more than expected in Q1 in another sign of persistent inflation

The employment cost index, which measures worker salaries and benefits, gained 1.2% in the first quarter.

Jim Cramer's top 10 things to watch in the stock market Tuesday

U.S. stock futures were flat Tuesday as investors await a round of mega-cap corporate earnings.

A new Walmart in-store AI is giving employees advice on how to sell products before it's too late

Walmart store employees are starting to get advice from an AI on when produce is about to go bad and when certain clothing items may need to be put on sale.

Op-ed: How to navigate premium increases for long-term care insurance

A significant long-term care insurance premium increase can force people to choose between financial security and compromising their access to quality care.

Young Americans' wealth grew by nearly 50% over the last 4 yearsβ€”it's not just from buying homes

Millennials in particular have seen significant wealth gains across asset classes over the last four years.

People told this startup founder she was making a huge mistakeβ€”then she sold her company for $845 million

Drunk Elephant founder Tiffany Masterson says one of her early business decisions drew intense criticism from family and friends. Here's why she stuck with it.

Walmart to shutter health centers, virtual care service in latest failed push into health care

Walmart said clinics are not a sustainable business model due to a challenging reimbursement environment for primary care and increasing operating costs.

Eli Lilly beats on quarterly profit, hikes full-year guidance on strong sales of Zepbound, Mounjaro

Zepbound reported $517.4 million in sales for the quarter, even as most doses of the drug slipped into shortages in the U.S.

Coca-Cola tops earnings estimates, hikes revenue outlook on higher prices

Shares of Coke have fallen 3.5% over the last year, dragging the company's market value down to $267 billion.

'An intense five years': Read HSBC CEO Noel Quinn's surprise resignation statement

HSBC CEO Noel Quinn said it is "now the right time for me to get a better balance between my personal and business life."

Burger King invests another $300 million to remodel restaurants

The restaurant company is planning to spend $2.2 billion to revive Burger King's U.S. business.

Binance's billionaire founder to find out if prison time is coming β€” here's what lawyers are expecting

Binance founder Changpeng Zhao will find out in a federal courtroom in Seattle whether he will be spending time in prison.

Walmart launches new grocery brand, as it tries to hang on to inflation-fueled growth

The nation's largest grocer sees room to build on its inflation-fueled grocery gains.

Dave & Buster's to allow customers to bet on arcade games

One of the largest entertainment operators in the country, Dave & Buster's, will allow its loyalty customers to compete against one another on its app.

Euro zone inflation steady at 2.4%, keeping June rate cut in play as economy returns to growth

Price rises in the 20-nation euro area held steady at 2.4% in April, while the economy returned to growth in the first quarter.

HSBC beats expectations in first quarter earnings; CEO Noel Quinn to retire

The company also announced the surprise retirement of Group Chief Executive Officer Noel Quinn.

Cramer's bullish on Alphabet after earnings, would buy on a pullback

CNBC's Jim Cramer told investors he's pleased with Google parent Alphabet's most recent quarter, lauding the company's proof of profitability.

Asia's first spot bitcoin and ether ETFs debut in Hong Kong

Hong Kong on Tuesday became the first in Asia to offer retail investors the ability to trade the cryptocurrencies at spot prices.

IMF chief warns of emerging market risk with high U.S. interest rates

The benchmark rates of most advanced economies soared in recent years, as central banks aimed to tame inflation following the Covid-19 pandemic.

Microsoft to invest $1.7 billion into AI infrastructure in Indonesia, CEO Satya Nadella says

The funds will also go toward training 840,000 Indonesians in AI skills and supporting the local community of developers.

Jeep maker Stellantis down 10% on sharp fall in revenue as it prepares for slew of new models

Global automakerΒ Stellantis on Tuesday reported a 12% decline in revenue in the first quarter, citing lower sales and foreign exchange effects.

Volkswagen profit drops 20% in first quarter on lower sales

German carmaker Volkswagen on Tuesday said its operating profit dropped by 20% in the first quarter of 2024 compared to the the same period a year earlier.

Europe may need to impose tariffs of up to 55% to curb Chinese EV imports: report

A new report says Brussels would need to levy higher than expected tariffs of around 50% on Chinese electric vehicles to dissuade their export into the bloc.

A viral conspiracy theory on TikTok says nice people don’t get promoted. But experts disagree

A Viral TikTok claiming nice workers never get promoted has 8 million views: "They know they can keep serving you s--t on a platter and you'll eat it with a smile."

F1's fanbase is shifting β€” and the 'Netflix effect' is only part of that

Since its release in 2019, "Formula 1: Drive to Survive" has been credited with everything from helping F1 crack the U.S. to rejuvenating the sport itself.

McDonald’s earnings miss estimates as diners pull back, Middle East boycotts hit sales

McDonald's shares have fallen 7.5% over the last year, dragging its market value down to $197 billion.

Covid caused a β€˜massive spike’ in yacht sales β€” now some of those boats are back on the market

Several years after a buying frenzy, the yachting industry is seeing a sudden rush of pre-owned yachts hit the brokerage market.

IMF raises its Asia growth forecast for 2024, highlights India's growth and China stimulus as key drivers

The upward revision reflects upgrades for China, the IMF said, where it expects policy stimulus to provide support.

86% of expats report being stressed out, but study suggests they may also cope better with burnout

Expats are a crucial part of the global workforce today. Although they experience higher levels of stress, they also exhibit more vitality than locals.

Samsung Electronics' operating profit jumps 933% in first quarter, beats expectations

Samsung Electronics on Tuesday said operating profit for the first quarter jumped as memory chip prices rebounded on the back of AI optimism.

Judge rejects J&J, Bristol Myers Squibb challenges to Medicare drug-price negotiations

The decision is another win for the Biden administration in a bitter legal fight with several drugmakers over the constitutionality of the price talks.

Cramer says Apple's Monday rally doesn't have 'staying power' after analyst upgrade

CNBC's Jim Cramer told investors he's wary of Apple's Monday rally and they should wait to buy.

Biden administration faces onslaught of lawsuits as business groups claim regulatory overreach

The Biden administration faces a wave of lawsuits targeting its regulatory agenda, as business groups argue federal agencies are overstepping their authority.

Paramount says CEO Bob Bakish is stepping down, will be replaced by a trio of executives

Paramount Global CEO Bob Bakish is out, the company announced Monday, as merger negotiations with Skydance Media continue.

A longtime Apple skeptic warms up to the stock. Why we're not cheering the call just yet

Apple shares jumped Monday after an analyst who has been on the sidelines for years upgraded the stock to a buy-equivalent rating.

Bonds offer income and some volatility protection. Pick out the right bond fund for your portfolio

Having a diversified portfolio means you should have some of your money in bonds. Here's what to know

Morgan Stanley banker sees 10 to 15 more tech IPOs in 2024, and a 'better year' in 2025

Morgan Stanley, which led the Reddit and Astera Labs IPOs, expects 10 to 15 more tech offerings this year and a "better year" in 2025.

How one nonprofit is turning to AI to help boost women's financial literacy

New artificial intelligence tools may make financial information more accessible. Experts say that may be a game-changer when it comes to financial literacy.

As home sellers, buyers wait on a Fed cut, here's how mortgage rates have impacted the spring housing market

While some buyers have come to terms with 7% interest rates, the rate volatility is the factor with the biggest impact, an economist says.

DJT: Why Trump Media shares closed more than 12% higher

Trump Media, trading under the DJT ticker, has more than doubled in share price during the criminal trial of majority shareholder Donald Trump.

Peacock streaming subscription prices to increase by $2 ahead of the Summer Olympics

Comcast's streaming service Peacock will see a price increase of $2 this summer.

Supreme Court won't let former Trump aide Peter Navarro out of jail while he appeals sentence

The Supreme Court denied a request by ex-Donald Trump advisor Peter Navarro to get out of jail while he appeals his four-month sentence for defying a subpoena.

We're booking profits in our largest position. Our discipline calls for another sale

The trade will decrease the stock's weighting in the portfolio to roughly 4.0% from 5.08%.

29% of households have jobs but struggle to cover basic needs: They are 'one emergency from poverty,' one expert says

Nearly 40 million families, or 29% of the population, are defined as ALICE, which stands for Asset Limited, Income Constrained, Employed.

Family offices are looking beyond the stock market for higher returns, new report finds

Unlike stocks, alternatives such as private equity and private companies have more gradual valuation changes, smoothing out volatility.

Jim Cramer says investors who don't own any Alphabet could buy at these levels

The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET.

Saudi Arabia says all NEOM megaprojects will go ahead as planned despite reports of scaling back

"For NEOM, the projects, the intended scale is continuing as planned. There is no change in scale," Saudi Economy Minister Faisal Al Ibrahim told CNBC.

Embattled grocery startup Getir exits the U.S. and Europe, will refocus on Turkey

Grocery delivery firm Getir says it is withdrawing from its U.S. and European markets and will now refocus its resources on Turkey.

Richard Branson says this decision helped build his $2.5B net worth: 'I don't think I would have gone to space' otherwise

Billionaire Richard Branson discusses one of the most difficult decisions of his career, selling Virgin Record in 1992 to focus on growing Virgin Atlantic.

Jim Cramer's top 10 things to watch in the stock market Monday

Wall Street are higher Monday after the S&P 500 and Nasdaq broke multiweek losing streaks. The Dow saw back to back weekly wins.

Oil prices fall more than 1% as Secretary of State Blinken pushes for Gaza cease-fire

Israel is waiting for Hamas to respond to a cease-fire proposal, an Israeli official told NBC News.

10 in-demand remote jobs companies are hiring for right nowβ€”many pay over $100,000

Indeed reports a 40% increase in remote job openings between March 2023 and March 2024.

Skydance extends final offer to Paramount as merger talks stick on a possible shareholder vote

A potential dealbreaker is whether to hold a so-called "majority of the minority" vote on the deal, which would grant common shareholders potentially sway.

Op-ed: My bank, their bank or our bank

One of the most important conversations newlyweds need to have is figuring out how and who will pay the bills. That goal can be reached in so many ways.

Amazon says more packages are arriving in a day or less after hefty investment in speedy fulfillment

Amazon has poured money into smaller, metro fulfillment centers so it can deliver more packages to customers in a day or less.

Here are 5 sectors of the market that are working and the stocks that stand out in each

Let me give you some themes with a sense of the craziness of the disparate winners.

Scottish First Minister Humza Yousaf resigns after ending power-sharing agreement

Scottish First Minister Humza Yousaf resigned Monday after the collapse of his power-sharing agreement with the country's Green Party.

Glass Lewis endorses 6 of activist Ancora's nominees for Norfolk Southern board

Norfolk Southern shareholders should vote for activist Ancora's nominees, proxy advisory firm Glass Lewis recommended, a strong sign of support ahead of a May 9 meeting.

France moves to rescue Atos as former IT crown jewel struggles to stay afloat

French IT firm Atos confirmed on Monday that it had received a non-binding letter of intent from the French government to buy some of its business divisions.

Tesla jumps 15% after passing key hurdle to roll out advanced driver-assistance tech in China

Shares of Tesla rose sharply after the company passed a significant milestone to roll out its advanced driver-assistance technology in China.

Crewless cargo? Autonomous shipping aims to overcome safety, trust concerns to reach mainstream

Tests like those carried out by Kongsberg in Norway aim to sway decision makers in the company's direction.

Philips shares rocket 29% as firm settles U.S. respiratory device case

Philips shares soared Monday after the company agreed to a $1.1 billion settlement in a U.S. case linked to theΒ recall of some of its sleep apnea devices.

Thailand's central bank will act independently and not cave to 'political' pressure, governor says

Political pressure won't force the hand of Thailand's central bank in making its interest rate decisions independently, the country's central bank chief said.

Policy continuity is key if India wants to see strong economic growth in the next 5 years, Nomura says

Policy continuity is crucial if it wants to be the world's fastest growing economy for the next five years, Rob Subbaraman of Nomura said.

Only the U.S. has the ability to break the cycle of violence in Gaza, Egyptian foreign minister says

Egypt's Foreign Minister Sameh Shoukry called on the U.S. to leverage its influence over Israel to prevent further bloodshed in Gaza.

JPMorgan’s calls for a reality check on energy transition are sensible, UAE energy minister says

The energy minister of the UAE concurred with JPMorgan's calls for there to be a "reality check" on the world's energy transition goals and pathway.

Germany's far-right AfD party is finding success on TikTok β€” as its popularity among young voters grows

The youth vote for Germany's far-right party, the AfD is growing ahead of key elections, and social media may be playing a significant role in this development.

World’s largest sovereign wealth fund says green backlash is a chance for it to 'phase in' β€” not out

Norway's $1.6 trillion sovereign wealth fund says it will continue to advocate for investments based on ESG factors.

Oracle boosts its generative AI capabilities as cloud competition heats up

Oracle in March announced new generative AI features embedded across applications in finance, supply chain, HR, sales, marketing, and service.

Japanese yen strengthens sharply after hitting 160 against dollar for the first time since 1990

The Japanese yen weakened to 160 against the U.S. dollar in Monday morning trading in Asia.

Musk makes surprise visit to Beijing as Tesla's China-made cars pass data security rules

Local authorities removed restrictions on Tesla cars after the company passed China's data security requirements, the automaker said Sunday.

Trump VP contender Kristi Noem stands by killing her dog Cricket amid bipartisan ridicule

Kristi Noem is competing against North Dakota Gov. Doug Burgum, Senator Tim Scott and Rep. Elise Stefanik, among others, for Trump's vice president spot.

With daily entrance fee 'Disney-fication' of Venice, the world hits its overtourism tipping point

Tourists in Venice far outnumber residents who fear the 'Disney-fication" of the Italian city. A day-trip fee added last week did not go over well as a fix.

Selena Gomez: Getting off Instagram was 'the most rewarding gift I gave myself'

The most-followed woman on the social media platform said taking four years off from Instagram made her "happier."

'You can live like a king' by retiring in Europe, says CFPβ€”but make these 3 moves first

Retiring in Europe can slash your cost of living, allowing you to retire early or boost your lifestyle, says Traveltirement founder and CFP Tommy Sikes.

Advice about 401(k) rollovers is poised for a big change. Here's why

Rollovers from 401(k) plans to individual retirement accounts are a key focus of a new Labor Department rule that aims to raise the bar for retirement advice.

Jeff Bezos’ morning routine includes scrolling and dragging his feet: β€˜I’m not as productive as you might think’

Jeff Bezos doesn't jump to tackle work and responsibilities in the morning. Here's why the billionaire entrepreneur embraces a slow start to the day.

If you can say these 6 phrases with confidence, you live a happier, more hopeful life than most

These statements indicate you're flourishing, says Dr. Alphonsus Obayuwana: "Happy, full of hope, and functioning well emotionally and socially."

Top Wall Street analysts favor these 3 stocks for their growth potential

TipRanks' analyst ranking service highlights Wall Street's best-performing stocks, including Netflix and General Motors.

Dubai property boss says floods were overexaggerated: 'Things like that happen in Miami regularly'

Hussain Sajwani, the chairman of Damac Properties,Β one of the United Arab Emirate's largest private real estate developers, sought to downplay the severity of flooding.

WEF president: 'We haven't seen this kind of debt since the Napoleonic Wars'

Borge Brende, president of the World Economic Forum, gave a stark outlook for the global economy.

12 portfolio companies report earnings in the week ahead. What we want to hear from each

All three major U.S. stock indexes rose this week. Earnings are once again poised drive the week ahead.

There's a new No. 1 U.S. airlineβ€”it's not Delta

WalletHub compared the nine largest U.S. airlines, plus one regional carrier, across three major categories.

Here is the average credit score at every age in the U.S.β€”see how yours stacks up

On average, Americans appear to be managing their credit scores well, according to data from Equifax. Here's how it breaks down by age.

Activist Jana Partners calls for a strategic review at Wolfspeed. Here’s how it may develop

Activist investor Jana Partners recently disclosed a stake in the semiconductor company.

This 'super easy' move earned a couple over $700 to put toward a dream vacation

Rob Scores and his wife, Julianne, didn't spend much time planning or saving for their Puerto Rico vacation. Selling old jewelry helped them take off.

'Nobody's getting wealthy on Social Security,' lawmaker says. The November election may influence the program's future

Social Security's trust funds are projected to run out in the next decade. When lawmakers address that dilemma, they will also define the program's future role.

What this NFL Draft pick plans to do with his new moneyβ€”from mutual funds and a Roth IRA to Air Jordan 1 sneakers

Braden Fiske, drafted by the Los Angeles Rams in the second round of the 2024 NFL Draft, says he already has a financial advisor and a Roth IRA.

Digital ad market is finally on the mend, bouncing back from the 'dark days' of 2022

Earnings reports this week from Meta, Alphabet and Snap showed a solid recovery in the online ad market.

I study wellbeing in Denmark, one of the world's happiest countries: Here are 3 phrases we say every day

Denmark is one of the happiest countries in the world. Happiness Research Institute CEO Meik Wiking reveals three commonly used phrases that help explain why.

Cramer's week ahead: Fed meeting and earnings from Apple, Amazon, Eli Lilly

CNBC's Jim Cramer on Friday walked investors through next week on Wall Street.

Snap shares rocket 28% after company reports unexpected profit, better-than-expected revenue

Snap shares soared on Friday after the company provided uplifting results, suggesting its online ad business is getting back on track.

All the data so far is showing inflation isn't going away, and is making things tough on the Fed

The last batch of inflation news that Federal Reserve officials will see before their meeting next week is in, and none of it is very good.

Exxon is working on tech to remove CO2 from atmosphere but a breakthrough is needed to slash costs

Exxon CEO Darren Woods said the technology is currently unaffordable with CO2 removal costing between $600 to $1,000 per ton.

American Airlines cuts some international flights into 2025, citing Boeing delivery delays

American is the latest carrier to tweak its growth plan, citing late-arriving planes from Boeing.

Why chipmakers are the stars of the week, plus Cramer's read-through on 3 reports

Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.

Federal regulator finds Tesla Autopilot has 'critical safety gap' linked to hundreds of collisions

Federal authorities say a "critical safety gap" in Tesla's Autopilot system contributed to at least 467 collisions, 13 resulting in fatalities.

A CVS Health pharmacy in Vegas becomes first to join new national pharmacy union

Dozens of pharmacy staff at the Las Vegas branch of CVS's Omnicare will now join the Pharmacy Guild, which will represent them in labor negotiations with CVS.Β 

Nvidia jumps more than 15% this week. A key reason: what other companies are saying

A week ago, Nvidia had its third-worst day on record. Those losses have now been completely erased and then some.

New home sales inch higher despite 7% mortgage rates: 'There's more opportunity,' economist says

Buyers are highly considering newly built homes amid a shortage of available homes in the U.S. Here's what this means and where prices are standing.

Intel used to dominate the U.S. chip industry. Now it's struggling to stay relevant

Intel has missed most of the significant technology transitions over the past 15-plus years, losing its standing in the chip industry along the way.

IRS free tax filing pilot processed more than 140,000 returns, saved consumers $5.6 million in prep fees

This season, the IRS Direct File pilot helped more than 140,000 million taxpayers file taxes for free and saved $5.6 million in tax prep fees.

FAFSA delays could have some students thinking about a gap yearβ€”3 factors to consider before you do

Plenty of students take a year off before college. But these three situations could impact your decision.

Microsoft's bullish PC outlook makes us want to buy more of this electronics retailer

The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET.

The new class war: A wealth gap between millennials

The surge in wealth among millennial heirs is creating new markets for wealth-management firms, luxury companies, travel firms and real estate brokers.

Starbucks, Workers United made 'significant progress' in this week's contract talks

Starbucks and the union plan to meet again in late May to keep working on the framework that will inform every single-store contract.

Ashley Biden detailed 'pain' from diary theft, urged prison for thief in letter to judge

Ashley Biden, the daughter of President Joe Biden, asked a judge to sentence the woman who stole her diary to prison, an unsealed letter shows.

Miami is 'ground zero' for climate risk. People are moving to the area and building there anyway

Miami is undergoing a boom despite a high vulnerability to sea level rise, floods and more intense storms. Residents may face financial hardship.

Activist Ancora endorsed by second Norfolk Southern union, splitting labor support

The BLET Teamsters said they would back activist Ancora's efforts to oust Norfolk Southern CEO Alan Shaw in favor of new management.

Alphabet soars most since 2015 on strong earnings, first dividend and $70 billion buyback

Alphabet shares shot up Friday after the company posted better-than-expected first-quarter results and greenlit its first-ever dividend along with a buyback.

This is the salary it takes to be considered rich in every state

In 11 U.S. states and Washington DC, it takes a salary of $500,000 a year or more to be part of the top 5% of earners.

Trump trial second week concludes with testimony from former secretary and banker

Prosecutors called Rhona Graff, Trump's personal secretary and a banker who recounted the details of a payment at the heart of the case.

10-year Treasury yield slips after latest U.S. inflation report

U.S. Treasury yields fell on Friday as investors digested Thursday’s gross domestic product report and the PCE data.

Climate change could cost Americans born in 2024 nearly $500,000 in their lifetime

In a new series by the CNBC personal finance team, we're delving into how climate change will impact your money.

Elliott takes $1 billion stake in Anglo American as miner faces takeover interest

Elliott Management has built a roughly $1 billion stake in miner Anglo American in recent months, a person familiar with the matter told CNBC.

Jim Cramer's top 10 things to watch in the stock market Friday

Wall Street holds onto gains as rising bond yields take a breather Friday.

30-year-old supercommutes over 500 miles to work in New York: β€˜I'm the happiest I've ever been’

Hairstylist Kaitlin Jorgenson commutes four-plus hours by plane twice a month from Charlotte, North Carolina to work in New York.

Key Fed inflation measure rose 2.8% in March from a year ago, more than expected

The core personal consumption expenditures price index was expected to increase 2.7% from a year ago in March, according to the Dow Jones consensus estimate.

Airbus CFO says A350 plane production increase not tied to Boeing troubles

Airbus is ramping up production of its A350 aircraft because of consumer demandΒ and not theΒ ongoing crisis at U.S. rival Boeing.

Why Americans worry changes to the U.S. retirement system could upend their plans

When it comes to retirement, Americans worry about uncertainties they cannot control, like a higher cost of living or changes to the retirement system.

Long-awaited $2 billion CVC debut shows the IPO market is back on track, Euronext boss says

"It is a very strong signal of the comeback of IPOs in Europe, in particular in continental Europe," Euronext's StΓ©phane Boujnah said.

U.S., China to hold first AI talks within 'weeks' amid ongoing TikTok stalemate

The U.S. and China will hold their first high-level talks on artificial intelligence within the "coming weeks," U.S. Secretary of State Antony Blinken said.

FDA approves Pfizer’s first gene therapy for rare inherited bleeding disorder

The agency greenlighted the drug, which will be marketed as Beqvez, for adults with moderate to severe hemophilia B.Β 

Trump advisors are considering plans to dramatically revamp the Fed, WSJ report says

Trump's political operatives are putting together a plan that would give him unprecedented influence over the Fed, the report states.

Exxon stock falls as earnings miss on lower natural gas prices and squeezed refining margins

Exxon Mobil's first-quarter earnings missed expectations as the industry came under pressure from eroding refining margins and collapsing natural gas prices.

Chevron beats earnings estimates but profit falls on lower refining margins and natural gas prices

Chevron produced 1.57 million barrels of oil and gas daily in the U.S. for the quarter, an increase of 35% during the same period last year.

Chinese EV start-ups Nio and Xpeng turn to the mass market for growth

Chinese electric car start-ups Nio and Xpeng are turning to a lower-priced segment of the market with plans to release newly-branded cars this year.

We're boosting our price target on Alphabet by $30 after it delivered the quarter we've been waiting for

AlphabetΒ on Thursday delivered a knockout first-quarter report and joined the tech-industry party by declaring its first-ever dividend.

Tractor Supply CEO says there's still 'significant migration' out of urban areas

Tractor Supply CEO Hal Lawton told CNBC's Jim Cramer on Thursday that a substantial number of Americans are leaving cities, and many are headed to rural areas.

Professional pickleball signs first international deal, looks to grow the sport in India

Pro pickleball is looking to world's most populous country for its continued growth.

Anglo American rejects BHP's $39 billion takeover bid to form mining juggernaut

Mining giantΒ Anglo American on Friday rejected a takeover bid from rival BHP Group, saying the offer "significantly undervalues" the company and its prospects.

China's Xi says the U.S. needs to accept Beijing's rise for bilateral relations to improve

U.S. Secretary of State Antony Blinken met with Chinese President Xi Jinping in Beijing on Friday.

Meet the Dubai artist whose work has sold for millions β€” and turns down 99% of prospective buyers

One of Sacha Jafri's paintings sold for $62 million at a charity auction, making him one of the world's most expensive artists.

Ukraine can keep on fighting Russia β€” but the 'victory' it wants might be out of reach

With future military aid looking uncertain, uncomfortable questions are being asked as to what "victory" Ukraine could realistically achieve against Russia.

India’s farmers are up in arms again. Will it hurt Modi’s reelection campaign?

While the protestors are beginning to up the ante by blocking railway tracks, the agitation this time seems a pale shadow of their movement in 2020.

Former Tesla SVP Drew Baglino is selling $181.5 million worth of stock, SEC filing says

Drew Baglino, who announced he'd be leaving Tesla on April 15, is selling 1.14 million shares of the electric car company, according to a filing on April 25.

Alphabet tempers fears that it's falling behind in AI with blowout first-quarter results

Alphabet's revenue jumped 15% in the first quarter and profit in the company's cloud business more than quadrupled.

Microsoft says cloud AI demand is exceeding supply even after 79% surge in capital spending

Microsoft has more demand than supply for running artificial intelligence models in the cloud.

Microsoft shares jump 4% after the big AI winner delivers in all the right places

Once again, Microsoft touted share gains as more and more customers used Azure's platforms and tools to build their own AI solutions.

Cramer praises companies like Chipotle that can grow despite a slowing economy and inflation

CNBC's Jim Cramer said companies that perpetually generate "self-help" are poised to do well in this market.

Why ARK Invest thinks it’s an 'amazing time' to invest in cutting-edge tech

ARK Invest's Brett Winston is betting big on private tech companies for long-term gains.

Mark Zuckerberg's net worth plummets by more than $18 billion in Meta stock drop

Meta shares plunged on Thursday, bringing down Mark Zuckerberg's net worth, after the CEO told Wall Street about the many ways his company is losing money.

Snap shares soar 23% as company beats on earnings, shows strong revenue growth

Snap reported first-quarter results that beat analysts' estimates

Intel shares fall after company provides weak forecast for the current quarter

Intel's report was the first since the company revealed that it had restructured its financial reports to make Intel Foundry a separate line item.

Paramount and Skydance inch closer to a merger as key hurdle looms, sources say

Paramount Global and Skydance are getting closer to final terms on a merger agreement, sources told CNBC, but a renewal with Charter remains an obstacle.

Middle East escalation could trigger oil price shock that fuels inflation, World Bank warns

Oil prices could rise to $102 per barrel if a major conflict in the Middle East breaks out involving one or more oil producers, according to the World Bank.

This job perk is like a 'cash bonus' β€” but you need a long-term strategy, experts say

Restricted stock units are a common type of equity compensation. Here's what to know about this popular employee benefit, according to experts.

Can a new batch of tech earnings rescue the market? Here are the factors at play

Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.

How to start a high-paying side hustle: 'It has to be something that you're actually passionate about,' says expert

There are all sorts of ways to make money on the side. But if you really want to find success, choose something you're passionate about, says Kathy Kristof.

You need at least $1 million to retire comfortably in these 10 U.S. statesβ€”half are in the Northeast

While not everyone hopes to retire as a millionaire, you may need to be one to retire comfortably in these U.S. states, per GOBankingRates.

This startup helps plants talk to farmers, reducing pesticides and agricultural waste

InnerPlant's technology uses fluorescents in the plants, so the leaves emit a signal when they are in distress.

Rubrik stock pops 16% in NYSE debut after company prices IPO above range

Rubrik's shares appeared to be attractive to investors that have been starved for new business software names for years.

Stripe co-founder says high interest rates flushed out Silicon Valley's 'wackiest' ideas

Rising interest rates in the past couple of years had a chilling effect on Silicon Valley, but Stripe co-founder John Collison said it was healthy.

Taylor Swift’s new song resonates with working women β€” β€˜I cry a lot but I am so productive, it's an art’

A lyric from Taylor Swift's "I Can Do It With a Broken Heart," on her new "Tortured Poets Department" album, is resonating with many working women on TikTok.

CEOs are quitting at record rates, and women are twice as likely as men to leave

Women CEOs are twice as likely as men to quit within 2 years, and four times as likely to leave within 1 year.

Alphabet shares jump 14% on earnings beat, first-ever dividend

Alphabet reported better-than-expected earnings on Thursday and announced its first dividend.

Stocks are tumbling. But these 2 portfolio holdings should be defying the slide

The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET.

Microsoft cloud growth accelerates on back of AI push

Microsoft saw a pickup in the segment containing video games after buying publisher Activision Blizzard in October.

A key deadline for student loan forgiveness consolidation is just days away. Here's what to know

Borrowers hoping for student loan forgiveness have just a few more days to act before an April 30 deadline.

Open seating no more? Southwest CEO says airline is weighing cabin changes

Southwest stands apart from other large airlines because it does not have seat assignments.

Honda to build $11 billion electric vehicle hub in Canada

Honda and its joint venture partners plan to invest $11 billion in Ontario, Canada, to create a "comprehensive EV value chain," the automaker announced.

Dow closes lower by more than 370 points as inflation, growth worries resurface: Live updates

Stocks fell Thursday after the latest U.S. economic data showed a sharp slowdown in growth and pointed to persistent inflation.

CNBC's Inside India newsletter: A $270 billion gamble on green?

Latest on the elections and some stock-picking tips that tie in with the nationwide vote and we also look at the upcoming T20 Cricket World Cup.

Teamsters union endorses activist Ancora in Norfolk Southern proxy fight

The activist at Norfolk Southern won support of the Teamsters union, a key endorsement as Ancora seeks to convince shareholders their plan is the right option.

Meta tumbles 10% on weak revenue forecast and Zuckerberg's comments on spending

Meta shares tumbled on Thursday after the company issued weak revenue guidance that overshadowed its first-quarter earnings beat.

BlackRock wants to make it easier to get paycheck-like income from your retirement savings

One of Americans' biggest retirement fears is running out of money. BlackRock hopes a new way to take paycheck-like withdrawals from investments may help.

As more borrowers qualify for student loan forgiveness, incoming college freshmen are set to rack up $37,000 in new debt, report finds

Most families take out student loans to cover the rising cost of college. A new report found that incoming freshmen may have $37,000 in debt by graduation.

Jim Cramer's top 10 things to watch in the stock market Thursday

Wall Street is looking lower, especially the Nasdaq on Meta Platforms' earnings-driven 15% slide and higher inflation data.

GDP growth slowed to a 1.6% rate in the first quarter, well below expectations

Real GDP was expected to increase 2.4% in the first quarter on a seasonally adjusted basis, according to economists surveyed by Dow Jones.

Oil prices pull back as U.S. economic growth disappoints

Gross domestic product was much softer than expected in the first quarter, which could weigh on crude oil demand.

Trump trial: Defense attorneys begin cross-examination of David Pecker

The New York criminal trial of Donald Trump resumed with testimony from former National Enquirer publisher David Pecker.

Supreme Court appears skeptical of Trump's blanket presidential immunity argument

Donald Trump was not at the Supreme Court to hear the immunity arguments because he was required to attend his New York criminal hush money trial.

American Airlines swings to a loss, but tops estimates for Q2 forecast

American Airlines swung to a loss in the first quarter, but its forecast for the current period surpassed analysts' estimates.

Don't believe these money misconceptions: 3 things to know that can help improve your finances

Many people believe common misconceptions about managing their money. Here's what you need to know to improve your personal finances.

Bristol Myers Squibb beats on revenue, launches $1.5 billion cost cuts as it posts quarterly loss

Bristol Myers Squibb said the charges primarily reflect its acquisition of Karuna Therapeutics and collaboration agreement with SystImmune.

Venice residents clash with riot police as city launches world’s first tourist entry fee

The pilot program means day-trippers to Venice, one of Italy's most picturesque and historic cities, will need to pay a charge of 5 euros (US$5.40).

Biden promise to rival China on shipbuilding faces a big economic problem

President Biden wants to bring shipbuilding back to the U.S. in economic rivalry with China and to boost domestic steel. Economic reality isn't on his side.

Red Lobster seeks a buyer as it looks to avoid bankruptcy filing

Beleaguered seafood chain Red Lobster is looking for a buyer to avoid filing for bankruptcy as it contends with slower sales and costly leases.

Southwest cuts growth plans, warning effect of Boeing airplane delays will last into 2025

Southwest Airlines is one of Boeing's biggest customers and flies only 737s.

Merck beats earnings expectations, raises outlook on strong Keytruda and vaccine sales

The first-quarter results come as Merck shows substantial progress in preparing for Keytruda's patent expiration in 2028.

Comcast beats earnings estimates even as it sheds more broadband subscribers

Comcast beat first-quarter earnings expectations on Thursday.

Many large U.S. cities are in deep financial trouble. Here's why

Many U.S. cities are facing substantial financial challenges as inflation lingers and pandemic-era stimulus dries up.

Don't bet against Zuckerberg: Meta's earnings-driven stock slide is an opportunity

Shares of the Facebook and Instagram company were dropping due to short-term thinkers who can't see the forest for the trees.

BHP makes $39 billion bid for Anglo American in mining mega play

Mining giant BHP Group on Thursday said it had made an all-share takeover offer for rival Anglo American, valuing the company at Β£31.1 billion ($38.9 billion).

Barclays shares up 4% as bank swings back to profit in first quarter amid strategic overhaul

BarclaysΒ on Thursday reported first-quarter net income of Β£1.55 billion ($1.93 billion), beating expectations and returning the British lender to profit amid a major strategic overhaul.

Nvidia-backed startup Synthesia unveils AI avatars that can convey human emotions

AI startup Synthesia on Thursday announced the launch of its "Expressive Avatars," AI-generated digital avatars that can convey human emotions.

India markets face an 'inevitable' correction if Modi's election win disappoints, Bernstein says

The results of India's general elections could be the reason for a correction in the Indian stock market, according to Bernstein.
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