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She is also a mother living in the Nashville suburbs with three school-age children. She worries about their safety, especially after three 9-year-olds were among the six killed in a school shooting in the city last year. But those concerns weren’t enough to persuade Ms. Dixon that Tennessee lawmakers were right to pass a bill on Tuesday that would allow teachers and other school employees to carry concealed handguns on campus in an effort to protect students. She suspected that lawmakers didn’t either. “Everyone is grasping at straws because no one has the answer,” Ms. Dixon, 38, said.
Persons: Devon Dixon, , , Dixon, didn’t, ” Ms Organizations: Covenant School Locations: Nashville, Tennessee
If you're in your 40s and have over $40,000 saved for retirement, you're ahead of most people in your age bracket. Here's how much Americans have in their 401(k)s by age, according to Fidelity. By the time you reach your 40s, you should aim to have three times your salary saved for retirement, according to Fidelity's guidelines. Why Americans in their 40s haven't been able to save moreVarious factors have gotten in the way of this age cohort's ability to boost their retirement contributions. How people in their 40s can boost their retirement savings
Persons: they're, Anne Lester, Xers, Lester Organizations: Fidelity Investments, Fidelity, CNBC
New Haven, Connecticut CNN —The arrests of dozens of pro-Palestinian, pro-divestment activists at Yale University didn’t deter protesters from uniting for another demonstration Tuesday. Yale University police arrested 45 protesters Monday and charged them with criminal trespassing after they refused orders to leave, said police in New Haven, Connecticut. “They were transported to a Yale Police facility where they were processed and released.”A protester is arrested at Yale University on Monday. Despite the warnings from police, many protesters refused to leave. “Safety is our highest priority as we strive to support our students’ learning and all the required academic operations,” Columbia University said in a statement Monday night.
Persons: , , rTkSH0zydm —, Thomas Birmingham, Sarah Dewberry, Elizabeth Wolfe Organizations: Haven , Connecticut CNN, Yale University, . Yale University, Hamas, Columbia, Yale, New, New Haven police, Yale Police, Monday . Police, CNN, College, rTkSH0zydm — Yale Daily News, , Protesters, Yale Daily News, Journalists, Columbia University, ” Columbia University Locations: Haven , Connecticut, New Haven , Connecticut, Israel, Gaza, , New Haven, Grove, Hewitt, New York
Bitcoin's "halving" is expected to happen soon. But its potential impact depends on your relationship to the coin; it's likely to affect miners and investors differently. "To the people who own bitcoin because they think it's a good store of value, this halving is not that big of a deal. Miners receive bitcoins, known as block rewards, for verifying and validating transactions and helping keep the blockchain network secure. What the bitcoin halving may mean for investorsWhile the halving itself doesn't directly impact bitcoin's price, investors' anticipation of the event can lead to highly erratic price movements, says Douglas Boneparth, a certified financial planner and president of Bone Fide Wealth.
Persons: Douglas Boneparth, Boneparth, Malekan Organizations: Columbia Business School, Architecting, Money, CNBC, Bone, Miners
Attention shoppers, you may be eligible to receive up to $500 from Walmart if you purchased certain groceries from the big box retailer over the past six years. A class action lawsuit filed in Florida claims that "Walmart uses unfair and deceptive business practices to deceivingly, misleadingly, and unjustly pilfer, to Walmart's financial benefit, its customers' hard-earned grocery dollars." The lawsuit specifically alleges Walmart "falsely inflates the product weight" and overcharged shoppers for certain "weighted goods" and "bagged citrus." "We will continue providing our customers everyday low prices to help them save money on the products they want and need. Here's how to see if you're eligible for a cash payment and how to file a claim.
Organizations: Walmart, CNBC Locations: Florida
Although Leslie has been chipping away at her student loan debt for about 15 years, she says it's been worth it in order to pursue her passion. Leslie used her DoorDash side hustle to help pay down her student loan debt. Leslie used her early DoorDash earnings to eliminate her car loan, then began throwing the rest at her remaining student loan balance. "It was really important that I got a lot of my student loan debt taken care of because then I was able to dedicate that back into myself and my health and my mental wellness," she says. Working toward a debt-free futureAlthough Leslie says her student loan debt is at a more manageable level, she plans to continue working part-time as a DoorDash delivery driver for now.
Persons: Shonnita Leslie, Leslie, it's, It's, Roth, she'll Organizations: CNBC, Public, Fi Insurance, Hulu, Roth IRA Locations: Connecticut, Houston , Texas, Houston, Leslie's, Texas, DoorDash
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHow this millennial making $65,000 in Houston, Texas spends her moneyShonnita Leslie, 40, makes $65,000 a year in Houston, Texas between her full-time role as a program manager at a university, and part-time work as a DoorDash driver and freelance writer. She had $60,000 in federal loans forgiven in 2022 after working in public service and making consistent payments for 10 years. 08:04 3 hours ago
Persons: Shonnita Leslie Locations: Houston , Texas
Dr. Dean Lomax, Ruby Reynolds, Justin Reynolds and Paul de la Salle (from left) are shown with the fossil discovery in 2020. “To think that my discovery in 2016 would spark so much interest in these enormous creatures fills me with joy,” de la Salle said. I am overjoyed.”Together, the Reynoldses, Lomax, de la Salle and others returned to Blue Anchor to search for additional fragments. The nearly complete giant jawbone is shown along with the jawbone (middle and bottom) found by Paul de la Salle in 2016. Sergey KrasovskiyThe discovery made by the Reynoldses and de la Salle will soon be displayed at the Bristol Museum and Art Gallery in the UK.
Persons: Ichthyotitan, Justin, Ruby Reynolds, Marcello Perillo, Dean Lomax, Justin Reynolds, Paul de la, Lomax, De la Salle, , de, Ruby, ” Lomax, Paul de, , ichthyosaurs, Perillo, ” Perillo, Mary Anning, Joseph, Sergey Krasovskiy, ” Ruby Reynolds, Paul Organizations: CNN, University of Bonn, Paul de la Salle, University of Manchester, University of Bristol, Salle, la Salle, de la Salle, Bristol Museum, Art Locations: Somerset, Braunton, England, , Somerset, Germany, United Kingdom, Devon, Lilstock, Canada, China
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
– Middleton was sentenced in state court to 20 years in prison, which will run concurrently with his federal sentence of 17.5 years. – Opdyke was sentenced in state court to 20 years in prison, to run concurrently with his federal sentence of 17.5 years. – Hartfield was sentenced in state court to 15 years in prison, to run concurrently with his federal sentence of 10 years. – Dedmon was sentenced in state court to 25 years in prison, to run concurrently with his federal sentence of 40 years. – McAlpin was sentenced in state court to 20 years in prison, to run concurrently with his federal sentence of just over 27 years.
Persons: Michael Jenkins, Eddie Parker, – Hunter Elward, Brett McAlpin, Christian Dedmon, Daniel Opdyke, Jeffrey Middleton –, Joshua Hartfield, Jenkins, Malik Shabazz, , Eddie, Hunter Elward, ” Jenkins, ” Eddie Terrell Parker, Michael Corey Jenkins, Rogelio V . Solis, Dedmon, Elward, – Elward, – Middleton, – Opdyke, – Hartfield, – Dedmon, – McAlpin, Brandon –, Parker, Opdyke –, Lynn Fitch, Middleton, ” picturing, Angela English, , Sheriff Bryan Bailey, Jason Dare, Bailey, jailers, Fitch, Eddie Terrell Parker, ” Fitch, CNN’s Devon Sayers, Ryan Young Organizations: Mississippi CNN —, Richland Police Department, NAACP, Confederate, Justice, Rankin County Sheriff’s Department, Department of Justice, Sheriff’s Department, CNN, Civil Rights Unit Locations: Brandon, Mississippi, Rankin, Rankin County, Braxton, McAlpin, Middleton, Opdyke, Jackson
If you're in your 30s and don't have much saved for retirement, you're not alone. Even if you have little or no retirement savings, you can still get back on track — and even retire as a millionaire. CNBC calculated how much you could retire with if you contributed $1,000 a month to a retirement investment starting at ages 25, 30 and 35. These calculations assume a starting balance of $0 and an annual rate of return of 6% or 8% until age 65. Additionally, the calculations don't account for unpredictable events like market volatility.
Persons: you'd Organizations: Fidelity Investments, CNBC Locations: Northwestern
JPMorgan Chase CEO and chairman Jamie Dimon believes artificial intelligence innovations will have as big of an impact on society as the invention of electricity and the internet. JPMorgan Chase began using AI over a decade ago, Dimon said in the letter. Additionally, JPMorgan Chase invests $12 billion annually in a wide variety of technologies, including AI. Dimon likening AI innovation to the invention of the internet suggests the tech's impact may be felt beyond the business world. In a Nov. 9 blog post, Microsoft co-founder Bill Gates said AI "will utterly change how we live our lives, online and off."
Persons: Jamie Dimon, Dimon, JPMorgan Chase, he's, Mark Cuban, I've, Bill Gates Organizations: JPMorgan Chase, JPMorgan, CNBC, Microsoft
US singer songwriter Billie Eilish arrives for the 2024 People's Choice awards at the Barker Hangar in Santa Monica, California, February 18, 2024. More than 200 music artists including stars like Nicki Minaj, Katy Perry, Billie Eilish, Stevie Wonder, J Balvin and Jon Bon Jovi have signed an open letter warning against the "predatory use of AI" in the music industry. "We must protect against the predatory use of AI to steal professional artists' voices and likenesses, violate creators' rights, and destroy the music ecosystem," the letter states. Streaming platforms and tech companies "can't turn a blind eye to these types of concerns from the creative community," he tells CNBC Make It. The company noted the risks voice cloning technology presents and says the tool has not been released to the public at this time.
Persons: Billie Eilish, Nicki Minaj, Katy Perry, Stevie Wonder, J Balvin, Jon Bon Jovi, AI's, Michael Huppe, Huppe, ChatGPT, OpenAI Organizations: Barker, Georgetown University, CNBC Locations: Santa Monica , California, Tennessee
For many people, credit card debt is standing between them and financial security. And although many people feel that financial security means having little to no debt, achieving that goal is typically easier said than done. 1 factor that makes them feel financially secure, according to CNBC's International Your Money Financial Security Survey conducted by SurveyMonkey. While there are many different kinds of debt, from student loans to mortgages, by far one of the most expensive forms of debt is credit card debt. The majority of Americans wouldn't be able to cover a $1,000 emergency expense with their savings, per Bankrate's 2024 emergency savings report.
Persons: Ted Rossman, wouldn't, Matt Schulz Organizations: Financial Security, SurveyMonkey, Financial, CNBC
Here are Wells Fargo's top trades for the second quarter
  + stars: | 2024-04-02 | by ( Samantha Subin | ) www.cnbc.com   time to read: +3 min
The second quarter is underway, and Wells Fargo has laid out its top stock ideas to maximize investor returns during the period. Here are some of Wells Fargo's top names for the next three months: Wells Fargo is bullish on Amazon , naming the stock as an overweight tactical idea. Wells Fargo's $211 price target implies about 17% upside from Tuesday's close. Despite a difficult start to the year that saw shares slump about 5%, Wells Fargo anticipates about 15% upside in store for the coffee chain retailer. Wells Fargo named Tesla among its four underweight ideas for the quarter, citing slowing delivery growth and dwindling demand.
Persons: Wells, Stocks, Ken Gawrelski, Wells Fargo's, INSM, Tiago Fauth, Zack Fadem, Colin Langan's Organizations: Insmed, Starbucks, Citigroup, Devon Energy Locations: Wells Fargo, Wells, North America, Monday's
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMonday’s rapid fire: 3M, AT&T, Devon Energy, Deckers Outdoor, On Holding, J.B. Hunt and C.H. RobinsonCNBC’s Jim Cramer on Monday offered this thoughts on the stocks of 3M, AT&T, Devon Energy and more.
Persons: Hunt, C.H, Robinson, Jim Cramer Organizations: Devon Energy
"A lot of people like the actual new 3M," Jim Cramer said, while referring to the company's years of litigation fights. "This is CrowdStrike and Palo Alto. Buy some Palo Alto on this. The CNBC Investing Club owns shares of Palo Alto Networks. The Club owns Coterra.
Persons: Jim Cramer's, Jim Cramer, Cramer, I'm, they've, J.B, Robinson Organizations: CNBC, Club, Palo Alto, CNBC Investing Club, Palo Alto Networks, Devon Energy, Wells, The, Skechers, Barclays, Hunt Transport Services, C.H, Werner Enterprises Locations: Palo, Alto, Devon, Skechers USA, Norfolk Southern
Micron Technology — Shares ticked up roughly 1.1% after Bank of America increased its price target on the chipmaker, with the analyst forecasting high-bandwidth memory technology demand will grow to more than $20 billion by 2027. 3M — Shares of the manufacturer rose nearly 3% Monday. Barrick Gold, Royal Gold — The gold miner and gold royalty company, respectively, rose 2% and 1.7%. Delta Airlines — Shares climbed about 2% after Morgan Stanley named the Atlanta-based airline stock a top pick for 2024. UPS — Shares ticked up nearly 2% following news that the shipping company would become the primary air cargo provider for the United States Postal Service.
Persons: Robinson, Brandon Oglenski, Barrick, Wells, Morgan Stanley, Michael Saylor, , Lisa Kailai Han, Jesse Pound, Alex Harring Organizations: Micron Technology, Bank of America, Hunt Transport, C.H, Barclays, Federal, Devon Energy, Delta Airlines, UPS, United States Postal Service Locations: Wells, Atlanta
An energy installation on a property leased to Devon Energy Production Company by the Catholic Archdiocese of Oklahoma City is seen near Guthrie, OklahomaCrude oil futures ticked slightly lower Monday, taking a breather after a strong first quarter. The West Texas Intermediate contract for May delivery lost 33 cents, or 0.4%, to $82.84 a barrel in the first day of trading for the second quarter. The Brent contract for June delivery dropped 40 cents, or 0.49%, to $86.57 a barrel. U.S. crude and Brent also booked three consecutive months of gains. WTI is up 15.5% for the year while Brent is up 12.3%.
Persons: Brent, WTI Organizations: Devon Energy Production Company, Catholic Archdiocese of, West Texas Intermediate Locations: Catholic Archdiocese of Oklahoma, Guthrie , Oklahoma
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Meanwhile, Micron got a price target increase from Bank of America, which sees the chipmaker surging more than 20%. 7:08 a.m.: Jefferies raises forecast on Target Jefferies thinks improving consumer discretionary trends should boost Target shares. The firm increased its price target on the stock to $205 from $195, implying shares gaining 16% from where they closed on Thursday. He upgraded shares to overweight from equal weight and increased his price target by $13 to $59. The bank also revised its bull case price target to $110 from $90, implying upside of nearly 130%.
Persons: Morgan Stanley, Target Jefferies, Corey Tarlowe, Jefferies, Tarlowe, TGT's, — Hakyung Kim, Wells, Roger Read, Read, Hakyung Kim, Brandon Oglenski, Hunt, Robinson, Werner, Oglenski, Anthony Cassamassino, Vivek Arya, Arya, , Morgan, DAL, Fred Imbert Organizations: CNBC, Delta Air Lines, Micron, Bank of America, Jefferies, Target, Devon Energy, Diamondback Energy, EOG Resources, Barclays, J.B, C.H, Werner Enterprises, Bank of America's, Microsoft, Meta, Next, 2Q, Spotify, Citigroup, Marvell, Devices, TAM, Abercrombie, Fitch's Locations: Wells Fargo, Devon, Delaware, Q2'24, Thursday's, DAL
Morgan Stanley initiates Compass Pathways at overweight Morgan Stanley said in its initiation of Compass that it's bullish on shares of the mental health biopharma company. Morgan Stanley reiterates Taiwan Semiconductor as overweight Morgan Stanley said it's standing by its overweight rating on shares of TSM. Morgan Stanley reiterates Delta as a top pick Morgan Stanley said Delta's push into "premium" will reward investors. Bank of America reiterates Micron as buy Bank of America said it sees further share gains for Micron. Morgan Stanley reiterates Planet Fitness as overweight Morgan Stanley said it's standing by its overweight rating on the fitness company.
Persons: Jefferies, Goldman Sachs, Goldman, it's, it's bullish, Hunt, Werner, Robinson, Morgan Stanley, Delta, Wells, Evercore, Bill, Tesla, Oppenheimer, Sweetgreen, Baird downgrades, Baird, Tommy Bahama Organizations: Microsoft, Barclays, Barclays downgrades J.B, J.B, C.H, Taiwan Semiconductor, DAL, " Bank of America, Nvidia, Broadcom, Bank of America, Micron, Devon Energy, Bloom Energy, Energy, Disney, underperform Bank of America, Baird downgrades Fifth, Bancorp, Royal Caribbean, Citi, Citigroup Inc, Royal Caribbean Cruises Ltd, TPG Inc, TPG, TE Connectivity, Chevron Corp, Citi downgrades Oxford Industries Locations: TSM, Wells Fargo, Devon, F1Q, Cincinnati, Royal, Oxford
CNN —Vontae Davis, the former NFL cornerback who made two Pro Bowls with the Indianapolis Colts and memorably retired at halftime of his final game, was found dead by police at his home in South Florida, according to authorities. Davis, 35, played in 121 games over a 10-year career with the Miami Dolphins, Colts and Buffalo Bills, totaling 22 interceptions and 97 pass deflections. “The NFL is heartbroken to hear about the passing of Vontae Davis. “We are heartbroken by the sudden passing of former Dolphins CB Vontae Davis and extend our deepest condolences to his family & loved ones during this difficult time,” the Dolphins said. My prayers to Vontae’s family.”“We are saddened to learn of the passing of Vontae Davis,” the Bills said in a statement.
Persons: CNN — Vontae Davis, Davis, Jeff Ireland, , , ” Davis, Vernon Davis, you’re, don’t, Vontae Davis, Dolphins CB Vontae Davis, ” Jim Irsay Organizations: CNN, NFL, Indianapolis Colts, Davie Police Department, Miami Dolphins, Colts, Buffalo Bills, Illinois, Dolphins, Miami, HBO, Pro, Dolphins CB, Bills Locations: South Florida, Southwest, ” Ireland, Indianapolis
If you've got nothing saved for retirement, you're not alone. Nearly 30% of Americans have $0 saved for retirement, per recent data from personal finance website GOBankingRates. The average monthly benefit is around $1,773 as of February, per the Social Security Administration. It ranked each city on a variety of metrics, including the city's average home value, annual grocery costs, annual utilities costs and whether the state taxes Social Security benefits. Here are the top five places in the U.S. to retire if you have little to no savings, according to GOBankingRates.
Persons: you've, Anne Lester, Roth, GOBankingRates Organizations: CNBC, Roth IRA, Social Security, Social Security Administration, Social, U.S, Survey, Tax Foundation, Bureau of Labor Statistics, Expenditure Locations: U.S
Whether you're an active cryptocurrency trader or you've dabbled in the word of virtual currency, the IRS wants to know. This year, the term "digital assets" replaced "virtual currencies," which was used in previous years. The IRS defines digital assets as "a digital representation of value recorded on a cryptographically secured distributed ledger or similar technology." It names crypto, stablecoins and non-fungible tokens as examples. "If you're in the crypto space and you do any transactions, it's really hard for you to say no for that question," he tells CNBC Make It.
Persons: Shehan Chandrasekera Organizations: IRS, CNBC
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