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☆ The charts indicate a long-term turnaround underway in natural gas. Here's a stock to play it
▼ + stars: | 2024-05-20 | by ( Katie Stockton | ) www.cnbc.com time to read: +7 min

Natural gas futures have cleared their 200-day moving average and appear to have entered a long-term basing process. Given the potential for a long-term turnaround phase in natural gas prices, we were drawn to the energy sector as a source of potential long-term stock opportunities. Secondary resistance for natural gas comes from a Fibonacci retracement level near $3.50/MMBtu. How to play it One of the natural gas-related stocks that sets up well from a technical perspective is Cheniere Energy (LNG) , which is a provider of liquified natural gas. Fairlead Strategies Disclaimer: This communication has been prepared by Fairlead Strategies LLC ("Fairlead Strategies") for informational purposes only.

Persons: Katie Stockton Organizations: Energy, Fairlead, CNBC Pro, Securities

☆ Fraud Trial to Begin for Ozy Founder Carlos Watson
▼ + stars: | 2024-05-20 | by ( Benjamin Mullin | Katie Robertson | ) www.nytimes.com time to read: +1 min

The 2010s were a frothy time for digital publishing. Billions of dollars flowed into publishers like BuzzFeed and Vice, with big media companies and venture capitalists betting those start-ups would eventually make lots of money. The jury trial of Carlos Watson, who is charged with trying to defraud investors in the digital media start-up he co-founded, Ozy Media, is scheduled to begin Monday with jury selection in federal court in Brooklyn. Mr. Watson has pleaded not guilty to all the charges against him. It remains unclear what Mr. Watson’s defense will be when the trial begins, or whether he will take the stand.

Persons: BuzzFeed, Carlos Watson, Watson, bluffing ” Organizations: Ozy Locations: Brooklyn

☆ Belle Delphine earned over $90K selling jars of her bathwater in 2019. PayPal only released her money this week.
▼ + stars: | 2024-05-20 | by ( Katie Notopoulos | ) www.businessinsider.com time to read: +4 min

This story is available exclusively to Business Insider subscribers. But PayPal went beyond just shutting down her account. Each jar of bathwater Delphine sold counted as a violation. A PayPal spokesperson said they could not comment on individual accounts but told Business Insider that PayPal dropped its policy on the $2,500 fines about a year ago. Advertisement"If I didn't have any [social media] following, they wouldn't have given my money back," Delphine contended to Business Insider.

Persons: —, Belle Delphine, Delphine Organizations: Service, Business, PayPal

☆ Live Updates: Biden to Speak at Morehouse Graduation
▼ + stars: | 2024-05-19 | by ( Katie Rogers | ) www.nytimes.com time to read: +3 min

ET Maya King andImage At Morehouse College in Atlanta, discontent over the Gaza war has played out relatively quietly, in classrooms and auditoriums rather than on campus lawns. Yet Mr. Biden appears to be entering a different type of scene at Morehouse. Many started lower on the economic ladder and are more intently focused on their education and their job prospects after graduation. At Morehouse — which has a legacy of civil rights protests and is the alma mater of the Rev. “This should not be a place that cancels people regardless of if we agree with them,” David Thomas, the Morehouse president, said in an interview earlier this month.

Persons: Christian Monterrosa, Biden’s, Kamala Harris, Stephen K, Benjamin, Biden, Morehouse —, Martin Luther King Jr, ” David Thomas, Morehouse, Kitty Bennett Organizations: Morehouse College, The New York Times, Morehouse, Black, Democratic Party Locations: Atlanta, Gaza, Morehouse

☆ With an Eye to Black Voters, Biden to Address Graduates at Morehouse College
▼ + stars: | 2024-05-19 | by ( Katie Rogers | ) www.nytimes.com time to read: +1 min

President Biden will deliver a commencement speech to the graduates of Morehouse College on Sunday, an appearance that will put him directly in front of 500-plus young men who represent a slice of the electorate that is drifting away from him and toward his challenger, former President Donald J. Trump. On Saturday, Mr. Biden gave a preview of sorts to a group of supporters, many of them Morehouse alumni, shortly after his arrival in Atlanta. He told them that the election was not about two candidates but about a choice between protecting democracy and letting its ideals continue to backslide. It’s about the alternative as well,” Mr. Biden said to the audience at Mary Mac’s Tea Room, a local business owned by a Morehouse alumnus. “My opponent’s not a good loser, but he is a loser.

Persons: Biden, Donald J, Trump, “ It’s, Mr, Mary Mac’s, “ Organizations: Morehouse College, Morehouse Locations: Georgia, Atlanta

Read previewLegal challenges by conservative lawmakers and activists against guaranteed basic income programs are heating up nationwide. Guaranteed basic income programs differ from their idealistic cousin — a universal basic income. AdvertisementWhile localized guaranteed basic income programs are tiny compared to a nationwide universal basic income, they are the subject of no less conservative opposition. Local politicians in places like South Dakota and Arizona have moved to block basic income programs for this reason alone. AdvertisementWhile these arguments appear to support giving basic income payments to a broader group of people, it's unlikely many conservatives would actually support a universal basic income.

Persons: —, Andrew Yang, Sam Altman, Republican Sen, John Wiik, Kathryn Blankenberg, Ken Paxton, Paxton, It's Organizations: Service, Business, Republican, Judicial Watch, American Civil Rights, Texas Locations: South Dakota, Arizona, Dakota, San Francisco, Texas, Houston, Harris County

☆ Biden Draws on Themes of Manhood and Faith at Morehouse Commencement
▼ + stars: | 2024-05-19 | by ( Katie Rogers | Maya King | ) www.nytimes.com time to read: +1 min

President Biden invoked scripture and lessons from his own tragic past on Sunday in a commencement address to hundreds of young Black men at Morehouse College, saying he believes there are “extremist forces aligned against the meaning and message” of the prestigious institution. Mr. Biden used the moment to say that manhood was not about “tough talk” and “bigotry” but about calling out hate. “That is not you. Being a man is about strength and respect and dignity.”Those who stormed the Capitol with Confederate flags “are called patriots by some,” he said — a clear reference to Mr. Trump. “Not in my house.”

Persons: Biden, Mr, Donald J, ”, Trump, “ Organizations: Morehouse College, Republican, Trump, Capitol Locations: Atlanta, Gaza

☆ In His Beloved Philadelphia, Biden Faces Wariness From Black Voters
▼ + stars: | 2024-05-18 | by ( Maya King | Katie Glueck | ) www.nytimes.com time to read: +1 min

In Milwaukee on Thursday, Vice President Kamala Harris highlighted her work to close the racial wealth gap. In Atlanta on Sunday, President Biden will deliver the commencement address at Morehouse College, an all-male historically Black institution. And in Detroit the same day, he is expected to speak at an N.A.A.C.P. But as Mr. Biden and his team intensify their efforts to engage Black voters, evidence keeps emerging that he faces serious challenges among that politically powerful, heavily Democratic group of Americans, threatening his ability to resurrect his victorious 2020 coalition. In interviews with nearly two dozen voters in predominantly Black neighborhoods in Philadelphia this week, as well as with elected officials and strategists, signs of softness in Mr. Biden’s standing were palpable.

Persons: Kamala Harris, Biden, —, Biden’s Organizations: Sunday, Morehouse College, Democratic Locations: Milwaukee, Atlanta, Detroit, Philadelphia, Mr, Black

☆ FAFSA problems are hurting students who need financial aid the most
▼ + stars: | 2024-05-18 | by ( Katie Lobosco | ) edition.cnn.com time to read: +8 min

“You just feel terrible,” said Vanessa Hlavacka, a counselor for multilingual students at La Follette High School. High school ramps up supportOnce the issues with this year’s FAFSA became apparent, La Follette High School ramped up support services for families of college-bound seniors. Some La Follette students from mixed-status families have had success since then submitting the FAFSA, but others are still having problems. Students at La Follette are behind the national trend, but they have had more success filing the FAFSA in recent weeks. It’s a glitch that several other La Follette students have experienced.

Persons: Robert M, “, ”, Vanessa Hlavacka, Annie Hank Braga, La, Hank Braga, FAFSA, ” Hank Braga, it’s, Biden, ” Hlavacka Organizations: Washington CNN, La Follette High School, Federal Student Aid, –, Follette, Racing, La Follette, Opportunity, Department of Education, of Education, Republican, Democratic, National College Locations: Madison , Wisconsin, La, –

☆ The evolutionary twist that could have helped dinosaurs rule Earth
▼ + stars: | 2024-05-18 | by ( Katie Hunt | ) edition.cnn.com time to read: +6 min

New research this week is adding fresh detail to one of paleontology’s biggest questions: Did dinosaur blood run hot or cold? Clues from fossilized eggshells and bones have now suggested that some dinosaurs were warm-blooded and others were not. Reinhard Dirscherl/ullstein bild/Getty ImagesMarine scientists have used artificial intelligence to decode previously unknown complexity in the calls of sperm whales. The whales produced a catalog of clicking sounds, which the researchers described as akin to a “phonetic alphabet” for sperm whales. What sperm whales are saying with their clicks remains a mystery to human ears, but understanding the scope of their vocal exchanges is an important step toward linking their calls with specific behavior.

Persons: Dinos, Davide Bonadonna, Jeff Lichtman, Reinhard Dirscherl, Napoleon Bonaparte, Ashley Strickland, Katie Hunt Organizations: CNN, Vigo, UCL, Google Research, Lichtman, Harvard University, Google, Harvard, Northern, Central America, Getty Images Marine, —, Heritage, CNN Space, Science Locations: Universidade, North America, Scandinavia, Europe, Central, India, Dover, England

☆ For working moms, it's some good news and some bad news
▼ + stars: | 2024-05-18 | by ( Katie Notopoulos | ) www.businessinsider.com time to read: +6 min

Read previewFor working mothers, it can sometimes feel like even when there's good news, there's also bad news. Just this week, several stories drove home some of the things that parents and working women already have sensed. But it's a good signal for working moms. The chart shows that since 2015, the percentage of women working across all those groups has gone up in the last 10 years. It's that same mix for the state of working moms — not all good, but not all bad.

Persons: —, there's, Emily McCrary, Ruiz, Esparza, Hewlett Packard, That's, it's, Rachel M, Cohen Organizations: Service, Business, Hewlett, Bloomberg, Free, New York Times Reading

☆ Opinion: What I noticed immediately about King Charles’ portrait
▼ + stars: | 2024-05-18 | by ( Opinion Holly Thomas | ) edition.cnn.com time to read: +6 min

CNN —King Charles III’s first official portrait was unveiled this week, and I’m sure his majesty would agree it’s a stirring sight. Unfortunately for Yeo, Charles and the butterfly, nothing about the portrait has garnered nearly so much comment as its dominant color. Besides these ceremonial outings, Charles has recently been less prominent in British public life than ever, particularly following the announcement in February of his cancer diagnosis. Charles’ private wealth dwarfs that of any other member of his family. Join us on Twitter and FacebookIn the last 10 years alone, that system has reportedly made King Charles more than £60 million ($76 million) richer.

Persons: Holly Thomas, Katie Couric, CNN — King Charles III’s, I’m, Jonathan Yeo, Charles, Holly Thomas Holly Thomas Yeo, Charles ’, Yeo, ” Yeo, King, “, He’s, I’ve, ”, Queen Elizabeth II’s, Rishi Sunak’s, Tina Brown, Prince of Wales, Buckingham, Lancaster, King Charles, Queen Camilla, you’ve Organizations: Katie Couric Media, CNN, Royal, Guardian, Twitter, Facebook Locations: London, Iraq, Rwanda, Duchy, Cornwall, Lancaster

☆ Election Updates: After a week in court, Trump steps out to Minnesota and Texas. Next up, the Bronx.
▼ + stars: | 2024-05-18 | by ( Katie Glueck | Maggie Haberman | ) www.nytimes.com time to read: +2 min

Former President Donald J. Trump, who has been spending much of his time recently as a criminal defendant in a Manhattan courtroom, will be in a different New York borough next Thursday, when he will hold a campaign event in the Bronx. But Mr. Trump’s aides have been discussing an event in the South Bronx for weeks. Last month, in his first campaign stop since the start of the trial, Mr. Trump visited a bodega in Harlem, attacking the district attorney prosecuting him and casting himself as tough on crime. The former president told donors at a Manhattan fund-raiser this week that he was planning something in the South Bronx, making a joke that he might get hurt in the neighborhood. You may never see me again,” he said, prompting laughter, according to an attendee who spoke on the condition of anonymity to describe the private event.

Persons: Donald J, Trump, Biden, Trump’s, “ We’re, ”, Ritchie Torres, Donald Trump, Mr, Torres Organizations: Republican, ”, New York Democrat, Bronx Locations: Manhattan, New York, Bronx, Crotona, South Bronx, New York City, bodega, Harlem

☆ Colleges started ending academic years earlier in the 1970s to avoid 'protest weather'
▼ + stars: | 2024-05-17 | by ( Katie Balevic | ) www.businessinsider.com time to read: +1 min

One expert said colleges end the year earlier in the Spring now in part to avoid "protest weather." download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Pro-Palestinian demonstrations have erupted at universities across the country in recent weeks, prompting harsh responses from some college administrators. The University of Southern California and Columbia University, most notably, called in the police to clear protest camps. This story is available exclusively to Business Insider subscribers.

Persons: — Organizations: Service, The University of Southern, Columbia University, Police, Business Locations: Vietnam, The University of Southern California, California, Irvine

☆ How to survive ‘Maycember’ in three almost-easy steps
▼ + stars: | 2024-05-17 | by ( Dr. Katie Hurley | ) edition.cnn.com time to read: +7 min

“Maycember” is a term that online content creators the Holderness family coined to describe the sheer chaos of the month of May, much like the month of December. Exhausted teenagers are running on empty as the school year comes to an end, while expectations of parental involvement remain high. I’m always grateful for the people who volunteer their time to head up committees on the PTA or parent board. Prioritize mental healthNo good comes from a family running around from event to event without a moment even to enjoy the ones they attend. In a few short weeks, Maycember will be behind us for another year, and we’ll all breathe a sigh of relief.

Persons: “, Holderness, it’s, I’ve, there’s, I’m, you’ll, It’s, Maycember, You’ll, Katie Hurley, Strong, Fiona McPhee Organizations: CNN

Former President Donald J. Trump, who has been spending much of his time recently as a criminal defendant in a Manhattan courtroom, will be in a different New York borough next Thursday, when he will hold a campaign event in the Bronx. The gathering is scheduled to take place at Crotona Park, his campaign announced in a statement on Friday evening, declaring that Mr. Trump would “ease the financial pressures placed on households and re-establish law and order in New York!”It is an unusual location for a Republican presidential campaign event: The area went for President Biden by about 77 percentage points in the 2020 election. And despite a shift to the right in some of New York State’s congressional districts and neighborhoods, including in the Bronx, in recent years, the state as a whole is not considered a general-election battleground. But Mr. Trump’s aides have been discussing an event in the South Bronx for weeks. The gathering, they said, would not be a traditional rally.

Persons: Donald J, Trump, Biden, Trump’s Organizations: Republican Locations: Manhattan, New York, Bronx, Crotona, South Bronx

☆ Nvidia’s earnings will be in focus next week as stocks try to sustain record levels
▼ + stars: | 2024-05-17 | by ( Sarah Min | ) www.cnbc.com time to read: +7 min

The S & P 500 broke above 5,300, also for the first time. The S & P 500 has notched record close after record close in 2024. This quarter, the top-performing S & P 500 sector is utilities, higher by 9%, followed by communication services, up by 4%. The S & P 500 and Nasdaq Composite each closed out a fourth straight week of gains. Sustaining all-time highs Nvidia's earnings will also be a key catalyst at a time when technicians are watching to see whether stocks can sustain the record levels they reached this week.

Persons: what's, they're, Jay Woods, hadn't, Piper Sandler's Harsh Kumar, Kumar, Jensen Huang, Blackwell, Zachary Hill, Chris Zaccarelli, Zaccarelli, Woods, Katie Stockton, Stockton, TJX Cos, Raymond James Thursday, Ralph Lauren Friday, Nick Wells Organizations: Nvidia, Federal Reserve, Dow Jones, Freedom Capital, Dow, Nasdaq, Independent, Alto Networks, Devices, Target, Chicago, PMI, New, . Kansas City Fed, Intuit Locations: Stockton, . Kansas

☆ Biden Is Talking Directly to Black Voters. This Is What He Wants Them to Know.
▼ + stars: | 2024-05-17 | by ( Katie Rogers | ) www.nytimes.com time to read: +1 min

President Biden is spending much of his time this week speaking directly to Black voters, a constituency that carried him to the White House in 2020 and whose voters are now threatening to withhold their support as Mr. Biden’s final presidential campaign unfolds. Mr. Biden’s most high-profile event this week is still to come. On Sunday, he will deliver a commencement speech at Morehouse College, a prestigious, historically Black institution. He was speaking to a crowd at the National Museum of African American History and Culture celebrating the 70th anniversary of Brown v. Board of Education, a landmark civil rights ruling that outlawed racially segregated schools. Not even the venue choice seemed like a complete coincidence: As a senator, Mr. Biden was one of the original co-sponsors of legislation establishing the museum, and he attended its opening as vice president in 2016.

Persons: Biden, Biden’s, Joe Biden, I’m, ”, Brown Organizations: White House, Morehouse College, National Museum of, of Education

☆ Scientists map long-lost arm of the Nile that flowed past 31 pyramids
▼ + stars: | 2024-05-16 | by ( Katie Hunt | ) edition.cnn.com time to read: +5 min

The inhospitable location has long puzzled archaeologists, some of whom had found evidence that the Nile River once flowed near these pyramids in some capacity, facilitating the landmarks’ construction starting 4,700 years ago. “This is the first study to provide the first map of the long-lost ancient branch of the Nile River.”Ghoneim and her colleagues refer to this extinct branch of the Nile river as Ahramat, which is Arabic for pyramids. Ancient Egyptians likely used the now-extinct Ahramat Branch to build many pyramids. Eman Ghoneim et alThe ancient waterway would have been about 0.5 kilometers wide (about one-third of a mile) with a depth of at least 25 meters (82 feet) — similar to the contemporary Nile, Ghoneim said. Most likely, a period of drought and desertification swept sand into the region, silting up the river, Ghoneim said.

Persons: CNN —, ”, Ghoneim, ” Ghoneim, Nick Marriner, ” Marriner Organizations: CNN, University of North, University of North Carolina Wilmington’s, Branch, National Science Foundation, French National Centre for Scientific Research Locations: Giza, University of North Carolina, Ahramat, Egypt, Paris

☆ Why so Many Food Recalls Are Happening in the US
▼ + stars: | 2024-05-16 | by ( Bethany Johnson | Katie Notopoulos | ) www.businessinsider.com time to read: 1 min

FDA food recalls are on the rise for several reasons, from undeclared allergens to pathogens. Here's what's wrong with food safety in the US and how you can protect yourself from buying bad products. This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account?

Organizations: Business

☆ Samsung just released a 43-second response to the 'crush' ad Apple was lambasted for last week
▼ + stars: | 2024-05-16 | by ( Sarah Gray | ) www.businessinsider.com time to read: +1 min

Samsung released a 43-second response to Apple's lambasted "crush" advertisement. Apple's advertisement for its new iPad Pro received swift backlash last week. Samsung's ad seems to pick up where Apple's left off amid crushed creative tools and a hydraulic press. That's Samsung's message in a new spot that trolls Apple's iPad Pro "crush" ad, which caused an internet meltdown last week. In Apple's ad, creative tools — paint, instruments, etc.

Persons: Apple's, —, Katie Notopoulos Organizations: Samsung, Pro, Service, Business

☆ I have spent entirely too much time thinking about Mark Zuckerberg's outfit at his birthday party
▼ + stars: | 2024-05-15 | by ( Katie Notopoulos | ) www.businessinsider.com time to read: +7 min

Read previewThe Instagram photos from Mark Zuckerberg's 40th birthday party left me with many questions. AdvertisementIn two of the photos, he's wearing a slightly different outfit: the gold chain is missing, and his T-shirt is plain black. AdvertisementOr, another option, which is my theory: He didn't choose the shirt; the shirt was gifted to him during the party. My theory is that this wasn't just her regular casual party attire — she was dressing up in a typical Mark outfit as a joke, chain and all. But I feel confident in my assessment that Zuckberg's outfit was gifted to him as a joke during his party.

Persons: —, Mark Zuckerberg's, Zuck's, Priscilla Chan, Mark, Kieran, Zuckerberg, didn't, Cato —, Zuck, Priscilla Chan's Instagram, Mark doesn't, Bill Gates, Joel Kaplan, Meta's, Kaplan, Mark Zuckerberg Organizations: Service, Business, Google, Nike Locations: Harvard, Carthage

☆ Biden Seeks to Curb Flow of Migrants From Nicaragua With New Restrictions
▼ + stars: | 2024-05-15 | by ( Katie Rogers | ) www.nytimes.com time to read: +1 min

The Biden administration will issue visa restrictions against 250 people and sanctions against three organizations that support the Nicaraguan government, whose authoritarian leader officials say has profited off people trying to reach the United States. The Biden administration will also issue a policy alert to private companies, including airlines, of concerns about irregular immigration patterns and potential human rights abuses stemming from those practices. There is no way to enforce the policy against companies that ignore those abuses. The announcement reflected a growing concern among President Biden and his advisers that a surge of undocumented immigrants into the United States is a growing threat to his re-election campaign. It also showed that the administration has limited options to stem the flow of immigration from troubled countries whose citizens are searching for a better life in the United States.

Persons: Biden, Daniel Ortega Organizations: Nicaraguan Locations: Nicaraguan, United States, Nicaragua

☆ Did dinosaur blood run hot or cold? Both, according to a new study
▼ + stars: | 2024-05-15 | by ( Katie Hunt | ) edition.cnn.com time to read: +6 min

CNN —Were dinosaurs warm-blooded like birds and mammals or cold-blooded like reptiles? Clues from dinosaur eggshells and bones have suggested that some dinosaurs were warm-blooded and others were not. These dinosaurs may have evolved endothermy, or the ability to internally generate body heat, according to the study. “Warm-blooded animals are generally more active, for example, cold-blooded animals usually don’t build nests,” said lead study author Dr. Alfio Alessandro Chiarenza, Royal Society Newton International Fellow at University College London’s department of Earth sciences. Her 2022 study suggested that ornithischians were more likely cold-blooded and sauropods were warm-blooded.

Persons: Big John, Sarah Meyssonnier, ornithischians, ”, Alfio Alessandro Chiarenza, Brontosaurus, ” Chiarenza, “, Jasmina, ” Wiemann, Chiarenza, Anthony Fiorillo, ” Fiorillo, wasn’t Organizations: CNN, Royal Society Newton International, University College London’s, Field, UCL, Universidade de, New, New Mexico Museum, Southern Methodist University Locations: Paris, Chicago, Spain, New Mexico, Dallas

☆ DC just got serious about taking on China in the AI arms race
▼ + stars: | 2024-05-15 | by ( Katie Balevic | Lakshmi Varanasi | ) www.businessinsider.com time to read: +1 min

A bipartisan Senate group is calling for $32 billion in annual federal AI spending. The group wants to ensure the US stays ahead of China — which is also spending big on AI. Group leader Sen. Chuck Schumer said the money will "cement America's dominance in AI." AdvertisementA bipartisan group of US Senators wants to spend billions of dollars on a game plan to dominate artificial intelligence. Senate Majority Leader Chuck Schumer and three other senators who assembled an AI Working Group released their initial report on Wednesday.

Persons: Sen, Chuck Schumer, —, It's Organizations: Senate, Service, US, Business Locations: China

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