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Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB. Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street.
Persons: Jim Cramer, it's, OpenAI, Mira Murati, Jensen Huang, We're, Jim's, Estee, Jim, Jim Cramer's Organizations: CNBC, Microsoft, Nvidia, Dover Corp, Clean Energy, Sustainability Technologies, Club, Vision, Bloomberg, Apple Vision, U.S, Jim Cramer's Charitable Locations: Illinois, Dover, U.S, China, Estee Lauder
Home prices are falling in parts of Florida and Texas even as they soar nationally. Sale prices only dropped in 15 of 221 metro areas last quarter, and five were in those states. High prices, steeper mortgage rates, and supply catching up with demand help explain the declines. AdvertisementHome prices are falling in parts of Florida and Texas as buyers tap out and supply catches up with demand. AdvertisementThe takeaway is that a combination of sky-high prices, steeper mortgage rates and other costs like insurance squeezing buyers' budgets, and supply catching up with demand has resulted in prices flatlining or falling in parts of Florida and Texas, bucking the national trend.
Persons: , Fort Myers, Redfin, Coral Organizations: Service, National Association of Realtors, Fort, Fort Walton, Austin, Rock, NAR, Panama City, Homeowners, Federal Locations: Florida, Texas, Panama City, Crestview, Fort, San Antonio, New Braunfels, Lac , Wisconsin, Illinois, Kankakee, Rockford, Champaign, Urbana, Austin, Panama
A Dave & Buster's location in the Gateway Center shopping complex in the Brooklyn borough of New York, US, on Saturday, March 30, 2024. Arcade chain Dave and Buster's plan to allow customer betting isn't winning over everyone. Software company Lucra Sports announced on Tuesday that it was working with the entertainment chain to allow customers to place wagers on their arcade games through the Dave & Buster's app. Illinois State Rep. Daniel Didech, a Democrat from Buffalo Grove, filed a bill on Thursday that's designed to prohibit family amusement establishments from facilitating wagering on amusement games. "None of those protections are in place at Dave & Buster's locations.
Persons: Dave, Daniel Didech, Didech Organizations: Gateway Center, . Software, Lucra Sports, Illinois State, Democrat, Illinois, Illinois House Gaming, CNBC, Dave Locations: Brooklyn, New York, Buffalo Grove, Illinois
According to experts I talked to, the surge in hate spending can be attributed to various factors. They're aware prices aren't going back to 2019 levels, and given everything everyone's just been through, they may as well live it up. She told me that she often finds herself outraged by prices — and then ultimately succumbs to the forces of capitalism. It's easy to say you want to cut back on spending, given high prices, but when a friend asks whether you want to go shopping, it's hard to say no. Hart, the Illinois writer with a brand-new Stanley cup, sees some of her spending as a way to reclaim power.
Persons: Christ, Lydia Boussour, they're, everyone's, Jordan Hart, Hart, Boussour, , they've, it's, acclimated, It's, Claire Tassin, Tassin, There's, Taylor Swift, jonesing, people's, Ravi Dhar, Dhar, he'd, he's, I've, she'd, she'll, Stanley Organizations: Retail, Consumers, Morning, Center, Yale School of Management Locations: America, Illinois, YOLO splurging, Europe, York
Employees at supermarkets and Walmart stores often ignore gig workers — or berate them. Several gig workers that BI spoke with said that cooperating — or fighting — with store workers is a regular part of their job as independent contractors. AdvertisementFor Spark workers who go into a Walmart store, things can be even worse — ironic, some say, given Spark is owned and operated by Walmart. Conflict between gig workers and store employees isn't new. AdvertisementAnd store employees aren't the only ones giving gig workers a hard time.
Persons: , who've, I'm, it's, they've, Instacart Organizations: Walmart, Service, Spark, Business, Shoppers Locations: California, It's, Portland , Oregon, Montana, Illinois
CNN —Republican Speaker Mike Johnson showed political courage that is rare in Washington and notable legislative skill for an inexperienced leader in forcing a long-delayed $60 billion aid bill for Ukraine through the House of Representatives on Saturday. And 112 Republicans — a majority of the conference — voted against the Ukraine bill. And any Republican speaker propped up by Democrats might hemorrhage support among GOP lawmakers and be forced to resign. “As we deliberate on this vote, you have to ask yourself this question: Am I Chamberlain or Churchill?” he said. The accidental speaker makes an unlikely Churchill, but on Saturday he proved to be a far more daring and substantial figure than many of his Republican and Democratic critics previously believed.
Persons: Mike Johnson, Johnson, Vladimir Putin, Ronald Reagan, Joe Biden’s, , Donald Trump, Volodymyr Zelensky, , ” CNN’s Frederik Pleitgen, Putin, , Biden, Marjorie Taylor Greene, Greene, Johnson —, Kevin McCarthy’s, Marc Molinaro, CNN’s Manu Raju, Trump, Zelensky, Trump’s, Hakeem Jeffries, Mike Quigley, It’s, ” Quigley, Chuck Schumer, Jeffries, Mike McCaul, , it’s, McCaul, Chamberlain, Churchill Organizations: CNN, West, GOP, America, MAGA, United States House, Representatives, Ukraine, Republican Party, Trump, Republicans, Georgia, Mar, Democratic, Congressional Ukraine Caucus, Illinois Democrat, Foreign, Texas Republican, Republican Locations: Washington, Ukraine, Russian, Louisiana, United States, Russia, Europe, Iran, China, Israel, Taiwan, Mexico, Georgia, New York, Kyiv, Texas, Nazi Germany
The stock market ended the volatile week lower, but there could still be opportunities for plenty of companies' shares to rebound. CNBC Pro used its stock screener tool to find the most overbought and oversold stocks on Wall Street as measured by their 14-day relative strength index, or RSI. Stocks with a 14-day RSI above 70 are considered overbought, which indicates that shares might soon turn lower. Devon Energy made the list of overbought stocks, dominated by oil and gas producers, with an RSI of 82. On the other hand, Texas-based life insurer Globe Life , with an RSI of just 3, is among the most oversold stocks on Wall Street.
Persons: Roger Read, Devon, Wells, Deere, Lamb Weston, FactSet, , Fred Imbert Organizations: Dow Jones, CNBC Pro, Devon Energy, Exxon Mobil, Barclays, Exxon, Truist Securities, Deere, Globe, Research, Securities Locations: Devon, Wells, Delaware, Illinois, Texas, Lamb, Idaho
New York CNN —If you won big on bets you made for the March Madness men’s and women’s NCAA tournaments, enjoy the money. So if you made bets last year, here’s what you need to do on your 2023 tax return, which is due for most people on April 15. Your winnings also may be subject to state tax, unless you live in the dozen or so states that exempt gambling winnings. It will then be up to you on your tax return to square whether you owe more or less on your winnings. So say you won $1,000 in 2023 at the tables in Vegas, but you lost $1,500 betting on last year’s March Madness tournament.
Persons: , Mark Luscombe, Luscombe, ” Luscombe, Daniel Rahill Organizations: New, New York CNN, NCAA, American Gaming Association, IRS, Wolters Kluwer, Accounting, Wintrust Wealth Management, Illinois CPA Society Locations: New York, Vegas
Thousands of residents and visitors viewed the event from the baseball field at Hidalgo de Dolores Elementary School. Residents began renting out their homes after area hotels reached capacity. ET Cuatro Ciénegas Amid a vast landscape of gypsum dune fields — formed over millions of years — spectators viewed the eclipse. ET Dallas Crowds set up their picnic blankets alongside the Trinity River, which runs through Dallas, one of the largest cities to experience the total eclipse. ET Russellville More than 100 couples were married in a giant ceremony just minutes before the eclipse, during the Total Eclipse of the Heart festival.
Persons: — Dennis Overbye, Andrés Manuel López Obrador, ” Federico Garza, , David Bowie, Pink Floyd, Sun Ra, Taylor Swift Organizations: North America Today, Hidalgo de Dolores Elementary School, Nazas, Residents, Dallas Crowds, Russellville, Eclipse, Liverpool, Illinois Department of Transportation, Indiana, Indianapolis, Indianapolis Zoo, Lucas Oil, Roll Hall of Fame, Attica Railroad, Eclipse Fest, Buffalo State, Syracuse, Syracuse Mets, Worcester Red Sox, Hotels, Montreal Locations: North America, — Dennis Overbye Mexico, Sinaloa State, Mazatlán, Mexico, Hidalgo, Texas, Eagle, Dallas, Arkansas, Ozark, . Illinois, Southern Illinois, Midwest, . Ohio, Lake Erie, Cleveland, Taylor Swift . New York, Niagara Falls, England, Burlington , Vt, Burlington, Lake Champlain, Maine, Canada, U.S, Montreal, Fredericton , New Brunswick, New Brunswick, EclipseFest
Americans were scammed out of over $1 million in online puppy frauds last year. AdvertisementA shocking number of Americans are falling for online puppy scams. The Better Business Bureau said it received thousands of reports of puppy scams last year, totaling more than $1 million in losses, according to veterinarians.org. AdvertisementThe prevalence of puppy scams online has led to an official crackdown. The Illinois Attorney General's office, for instance, charged one man with 16 different felonies related to an online puppy scam in January.
Persons: , veterinarians.org, Katherine Smith, Smith, Prosecutors, Kwame Raoul Organizations: FTC, Service, Better Business Bureau, BBB, Facebook, Craigslist, ABC News, Federal Trade Commission, Illinois, Homeland Security Investigations Locations: North Carolina, Yorkshire, Illinois
Amiwala, who grew up and attended school in Skokie, thought a local school board might be a better fit for her interests and experience after losing her first race. "It made me more determined to get involved in politics as a form of activism," Amiwala tells CNBC Make It. She won her second term on the school board in April 2023, a position she will hold until 2027. CNBC Make It: How do you balance your board of education work with your job at Google and attending business school? CNBC Make It: Have you had any unique experiences as one of the first Gen Z elected officials in the U.S.?
Persons: Bushra Amiwala, Amiwala, she's, hasn't, I've, that's Organizations: Skokie School, of Education, Muslim, U.S, House, DePaul University, CNBC, Assembly, Google, Northwestern's Kellogg School of Management Locations: U.S, Skokie, Skokie , Illinois, Cook County, Chicago, Illinois
SPRINGFIELD, Ill. (AP) — The Illinois Supreme Court will hear an appeal of actor Jussie Smollett's disorderly conduct conviction for staging a racist and homophobic attack against himself in 2019, then lying to Chicago police about it. The court on Wednesday accepted the appeal from Smollett, formerly a cast member of the television drama “Empire.” It will review a December state appellate court ruling that upheld his 2021 conviction by a Cook County jury. A special prosecutor refiled charges against Smollett after Cook County State’s Attorney Kim Foxx dropped the case and Smollett forfeited his $10,000 bond and conducted community service, which Smollett argues ended the case. Testimony at his trial indicated Smollett paid $3,500 to two men whom he knew from “Empire,” which was filmed in Chicago, to carry out the attack. ___Check out the Associated Press' complete coverage of the Jussie Smollett case.
Persons: Jussie, Kim Foxx, Smollett, Freddrenna Lyle, , Donald Trump's Organizations: Ill, Chicago, Smollett, Associated Press Locations: SPRINGFIELD, Illinois, Chicago, Cook, MAGA
In today’s newsletter, I’m going to tell you about some fascinating primary races that will shed light on some broader trends in U.S. politics. Mike Bost, a Republican and Marine Corps veteran, was first elected to the House in 2014. Don’t say ‘age’Democrats have their own issues that are captured in races in their stronghold of greater Chicago. But to the Democratic establishment, “age” is a word not spoken aloud, not with President Biden in the White House. But similar issues driving their primary fights will play out in swing House districts and swing states across the country.
Persons: Mike Bost, He’d, Darren Bailey, Donald J, J.B, Pritzker, Bailey, Bost, Mike, , Trump’s, Matt Gaetz, Trump, Danny Davis, he’s, Melissa Conyears, Ervin, Kina Collins, Biden, Davis, Davis’s, , Jesús, García, Raymond Lopez of, Lopez, Jennifer Medina, Ruth Igielnik, Krystle Kaul, Jennifer Wexton, Eileen, Jennifer Boysko, Dan Helmer, Helmer, Kaul, Suhas, , Kaul bristled Organizations: Illinois’s, Congressional, Republican, Marine Corps, State Legislature, Committee, Veterans ’ Affairs, Trump, Trump Republican, Democratic, House, The Chicago Tribune, Congressional District, American Democrats, Chicago, Mexican American, Republicans, Washington , D.C, Virginia, Army, Democrat Locations: Illinois, Lincoln, Washington, Chicago, Lake Michigan, Illinois’s, Chuy, Raymond Lopez of Chicago, García, Mexican, Virginia, exurbs, Washington ,, Virginia’s 10th, America
CHICAGO (AP) — Voters are set to cast their ballots Tuesday to decide competitive U.S. House races during the Illinois presidential primary. Democratic incumbents in at least two Chicago-area congressional races are locked in energetic challenges in the strongly Democratic territory. “We plan on finishing what we started.”It’s a crowded five-candidate primary field, including Chicago City Treasurer Melissa Conyears-Ervin, a former Davis ally who now says it’s time for him to be voted out. “I’m running to use my knowledges, my expertise, my intellect.”He has backing from top Illinois Democrats. Also running are Chicago educator Nikhil Bhatia and Kouri Marshall, a former deputy director for Pritzker.
Persons: Danny Davis, Kina Collins, Davis, ” Collins, , , Melissa Conyears, Ervin, Conyears, “ I’m, I’m, J.B . Pritzker, Nikhil Bhatia, Kouri Marshall, Pritzker, “ Chuy ” Garcia, Chicago Alderman Raymond Lopez, Lopez, Garcia, “ He’s, hasn’t, suburbanites Organizations: CHICAGO, , Democratic, DISTRICT U.S . Rep, Chicago Democrat, Chicago, Chicago Teachers Union, Chicago ) Bears, Illinois, Gov, Chicago Alderman, City Council, Democrat, Chicago police, Republican Locations: Chicago, , Mexico
A young worker complained about feeling lonely in a hotel room for a work trip and sparked an online debate. The US is facing a loneliness epidemic as young people feel increasingly isolated in a digital world. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementA young worker has gone viral on social media and sparked a debate about loneliness and the relative merits of solo business trips after posting a TikTok complaining about feeling bored and alone in a hotel room for a work trip. Riley Scruggs, a senior creative strategist at Discover Financial Services in Washington, DC, posted a video on TikTok sitting around in a hotel room in suburban Illinois.
Persons: , Riley Scruggs, Scruggs, Eloise, I'm lowkey, Vivek Murthy, Murthy Organizations: Service, Discover Financial Services, US Locations: Washington ,, Illinois, TikTok
An Illinois judge removed Donald Trump from the state's ballot this week. AdvertisementAn Illinois judge removed former President Donald Trump from the state's ballot in a surprise Wednesday ruling, citing a section of the 14th Amendment that bars elected officials from participating in insurrection. Trump has the chance to appeal the Illinois decision, and the judge put her own ruling on hold until Friday to give time for a possible appeal. AdvertisementThe Supreme Court is still deliberating Colorado's challenge to Trump appearing on the primary ballot; SCOTUS heard arguments for and against removing Trump from Colorado's ballot in early February. Cook County Circuit Judge Tracie Porter removed Trump from the Illinois ballot this week in a decision that comes one month after the state's Board of Elections rejected the case, citing a lack of jurisdiction.
Persons: Donald Trump, , Trump, SCOTUS, Tracie Porter Organizations: Service, Trump, Business, Cook, state's Locations: Illinois, Colorado, Maine, . Illinois
Washington CNN —Former President Donald Trump has appealed an Illinois judge’s decision that disqualified him from the state’s upcoming Republican primary ballot. The surprise court ruling this week throws into question whether votes cast for Trump will be counted. Porter issued her decision Wednesday night and paused the decision for two days, so Trump could appeal. Trump’s lawyers asked her on Thursday to extend the pause until all of their potential appeals are exhausted in Illinois courts. The justices seemed likely to reverse that decision, teeing up a conflict with the Illinois ruling.
Persons: Donald Trump, Tracie Porter, Trump, Porter, , It’s, they’ll Organizations: Washington CNN, Illinois State, Republican, GOP, Trump, Illinois Locations: Illinois, Cook County, Colorado, insurrectionists, Maine
The unexpected decision comes as a similar anti-Trump challenge from Colorado is pending before the US Supreme Court, which is widely expected to reject arguments that Trump is barred from office. It also comes just hours after the Supreme Court announced it would hear oral arguments in Trump's claim that he has presidential immunity against criminal charges. Cook County Circuit Judge Tracie Porter stripped Trump from the Illinois ballot one month after the anti-Trump challenge was dismissed by the Illinois State Board of Elections. But those decisions were paused pending the appeal of the Colorado case to the US Supreme Court. They have only succeeded in Colorado and Maine, but those rulings were paused until the US Supreme Court reviewed the Colorado case.
Persons: Donald Trump, Trump, Tracie Porter Organizations: Trump, Supreme, Illinois State, Court Locations: Illinois, Colorado, Cook, Maine, Colorado and Maine
CNN —In a surprise move, an Illinois judge has removed former President Donald Trump from the state’s ballot based on the 14th Amendment’s so-called “insurrectionist ban.”The decision is paused, giving Trump a short period of time to appeal. “The Illinois State Board of Election shall remove Donald J. Trump from the ballot for the General Primary Election on March 19, 2024, or cause any votes cast for him to be suppressed.”The judge stripped Trump from the Illinois ballot one month after the anti-Trump challenge was dismissed by the Illinois State Board of Elections. Illinois is now the third state where Trump was booted from the ballot, after Colorado and Maine. But those decisions were paused pending the appeal of the Colorado case to the US Supreme Court. Trump can appeal the judge’s decision in Illinois state courts.
Persons: Donald Trump, Trump, Tracie Porter, Colorado’s, , ” Porter, Donald J, , Porter, Jose Luis Magana, Nicholas Nelson, ” Nelson, Adam Merrill, ” Merrill, CNN’s Katelyn Polantz, Eric Bradner Organizations: CNN, Trump, Colorado Supreme, Illinois State, AP Trump, GOP Locations: Illinois, Colorado, Cook, Maine, Michigan , Minnesota, Oregon, Washington, ” Illinois
A state judge in Illinois ruled Wednesday that former President Donald J. Trump had engaged in insurrection and was ineligible to appear on the state’s primary ballot. The decision by Judge Tracie R. Porter of the State Circuit Court in Cook County was stayed until Friday. Judge Porter, a Democrat, said the State Board of Elections had erred in rejecting an attempt to remove Mr. Trump and said the board “shall remove Donald J. Trump from the ballot for the General Primary Election on March 19, 2024, or cause any votes cast for him to be suppressed.”Early voting in the Illinois primary is already underway. Because Judge Porter stayed her order, Mr. Trump can remain on the ballot at least until Friday, giving him a chance to appeal the order.
Persons: Donald J, Trump, Judge Tracie R, Porter, Judge Porter Organizations: Circuit Court, State Board Locations: Illinois, Cook County
Trump is disqualified from Illinois ballot, judge rules
  + stars: | 2024-02-28 | by ( ) www.cnbc.com   time to read: +2 min
Republican presidential candidate and former U.S. President Donald Trump speaks during a campaign rally at Winthrop Coliseum ahead of the South Carolina Republican presidential primary in Rock Hill, South Carolina, U.S., February 23, 2024. An Illinois state judge on Wednesday barred Donald Trump from appearing on the Illinois' Republican presidential primary ballot because of his role in the insurrection at the U.S. Capitol on Jan. 6, 2021, but she delayed her ruling from taking effect in light of an expected appeal by the former U.S. president. Cook County Circuit Judge Tracie Porter sided with Illinois voters who argued that the former president should be disqualified from the state's March 19 primary ballot and its Nov. 5 general election ballot for violating the anti-insurrection clause of the U.S. Constitution's 14th Amendment. Colorado and Maine earlier removed Trump from their state ballots after determining he is disqualified under Section 3 of the 14th Amendment to the Constitution. Trump gave an incendiary speech to supporters beforehand, telling them to go to the Capitol and "fight like hell."
Persons: Donald Trump, Tracie Porter, Porter, Trump, Joe Biden's Organizations: Winthrop Coliseum, South Carolina Republican, Illinois, Republican, U.S, Capitol, Cook, Supreme, Trump, Constitution Locations: Rock Hill , South Carolina, U.S, An Illinois, Constitution's, Illinois, Colorado, Maine, Washington
The devil's in the details, but local economies have a friend in Taylor Swift. Her tour undoubtedly helped the local economies she visited, according to a new report out from Japanese investment bank Nomura. From that, the consumer price index for the Illinois city increased 0.5 percentage points from the singer's visit alone. Internationally, small economies such as Singapore and Sweden could see the biggest macro boosts from her tour, according to Toh. Swift's tour is set to conclude near the end of 2024.
Persons: Taylor Swift, Nomura, Si Ying Toh, Toh Organizations: Federal Reserve, Wall, Nomura, Disney, CNBC PRO Locations: American, Chicago, U.S, Illinois, Japan, Singapore, Sweden
In January 2023, Rep. Mike Bost got up and screamed at Matt Gaetz as he trashed Kevin McCarthy. Now, Gaetz is backing Bost's primary challenger: failed GOP gubernatorial candidate Darren Bailey. Gaetz called the Illinois congressman "lackluster" and compared him to Liz Cheney. AdvertisementRepublican Rep. Matt Gaetz of Florida is seeking to end the career of a fellow GOP congressman who once screamed at him on the House floor. Gaetz is endorsing Darren Bailey — a former Illinois state representative who was the GOP's unsuccessful nominee for governor in 2022 — in his primary campaign against Rep. Mike Bost.
Persons: Mike Bost, Matt Gaetz, Kevin McCarthy, Darren Bailey, Gaetz, Liz Cheney, , Darren Bailey —, Darren Organizations: Service, Republican, GOP, Rep, Business Locations: Illinois, Florida, Southern Illinois
His petition, filed Monday, asks the state's highest court to hear the case two months after an appeals court upheld his disorderly conduct convictions and sentence. He was sentenced to five months in jail, but was released pending appeal of his conviction and sentence. The state Supreme Court could take the case or let the lower court's decision stand. A grand jury subsequently restored charges against Smollett in 2020. In arguments before the Illinois Appellate Court last year, Smollett challenged the role of a special prosecutor, jury selection, evidence and other aspects of the case.
Persons: Jussie Smollett, Smollett, , Donald Trump’s Organizations: CHICAGO, Chicago police, Smollett, Authorities, Prosecutors Locations: Illinois, Chicago, Cook, MAGA
I spent the bulk of my Friday column summarizing early Republic and antebellum debates on the nature of the American Republic. The arguments run from Thomas Jefferson and James Madison in the 1790s to Abraham Lincoln in the 1860s. Speaking of Lincoln, researching that column gave me an excuse to read through a few of his most famous speeches and addresses. They organized speeches, debates, lectures and dramatic performances and brought in notable persons to participate. Some of these were tied to a particular town or city; others were operations that moved from place to place.
Persons: Thomas Jefferson, James Madison, Abraham Lincoln, , Lincoln, Illinois Legislature —, Francis McIntosh, Louis Organizations: Lincoln, Young Men’s Lyceum of Springfield, Illinois Legislature Locations: Republic, American Republic, Young Men’s Lyceum of Springfield , Ill, , United States, Illinois, Springfield, New Salem, St, Mississippi
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