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☆ The tense tick, tick, tick of jury deliberations at Trump’s first criminal trial
▼ + stars: | 2024-05-30 | by ( Stephen Collinson | ) edition.cnn.com time to read: +7 min

Trump’s vigilAs Merchan laid out his instructions for the first time on Wednesday, Trump watched from the defense lawyers’ table. Trump’s routine — aimed at voters as he seeks to delegitimize the case before the jury makes up its mind — is getting old. One new wrinkle Wednesday was his warning that the jury instructions could doom his defense. These charges are rigged.”The jury hears none of this, so it’s clear Trump is playing an outside political game. Two of the jurors are attorneys and could potentially give deliberations some structure, according to Jeff Swartz, a former Florida judge.

Persons: Donald Trump’s, Trump, tugging, David Pecker, Michael Cohen, Stormy Daniels, Cohen, ’, Daniels, Juan Merchan, what’s, doesn’t, it’s, Elie Honig, Merchan, Todd Blanche, —, CNN’s Kristen Holmes, Joe Biden, “, Theresa, Jeff Swartz, ” Swartz, ” Organizations: CNN, mull, Trump, Prosecutors, Manhattan, Attorney’s Office, New York City —, Boeing, GOP Locations: Manhattan, Ireland, New York, New York City, West Harlem, Florida

☆ Foot Locker leaves our penalty box as CEO Mary Dillon's revamp plan turns corner
▼ + stars: | 2024-05-30 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +7 min

Foot Locker surged Thursday after its quarterly earnings report showed signs that CEO Mary Dillon's turnaround plan is starting to pay off. At its highs of the session Thursday, Foot Locker was up nearly 32% before giving up some of those gains. That counts for something, especially when Foot Locker's stock entered Thursday down nearly 35% since the session before the March disaster. Encouragingly, Dillon told CNBC that Foot Locker and Kids Foot Locker saw positive comp-store sales. Foot Locker Why we own it: We are in Foot Locker for the turnaround.

Persons: Locker, Mary Dillon's, Dillon, Thursday's, Foot, Mary Dillon, Jim Cramer, Encouragingly, comps, Nike, we've, Jim Cramer's, Jim, Xavi Lopez Organizations: LSEG, CNBC, Nike, Holding, JD, Dick's Sporting Goods, Shoppers, Lightrocket, Getty Locations: Oregon, It's, Spain

☆ ‘I’ll Be Strong for You.’ A Former Hostage Awaits Her Husband’s Release.
▼ + stars: | 2024-05-29 | by ( Nadav Gavrielov | ) www.nytimes.com time to read: +1 min

When Hamas released video last month of Keith Siegel, an American-Israeli hostage held in Gaza, it was the first sign in months that he was still alive. Ms. Siegel, 63, was held captive with her husband until late November, when she was one of 105 hostages released as part of a cease-fire deal. They were taken from their home at Kibbutz Kfar Azza on Oct. 7 during the Hamas-led attacks on Israel. Nearly eight months into the war, the families of hostages have grown increasingly alarmed. Mr. Siegel, who is 65, has a medical condition, and Israeli soldiers have recently recovered the remains of several hostages in Gaza.

Persons: Keith Siegel, Aviva Siegel, couldn’t, Ms, Siegel, António Guterres, Mr, ”, “ Organizations: United Nations, Kibbutz Kfar Locations: American, Gaza, New York, Kibbutz Kfar Azza, Israel, Qatar, Egypt, United States

☆ Watch CNBC’s full interview with New York Life Investment’s Lauren Goodwin and Invesco’s Brian Levitt
▼ + stars: | 2024-05-29 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC’s full interview with New York Life Investment’s Lauren Goodwin and Invesco’s Brian LevittNew York Life Investment's Lauren Goodwin and Invesco's Brian Levitt join 'Closing Bell' to discuss the market mentality and sentiment.

Persons: Investment’s Lauren Goodwin, Brian Levitt, Investment's Lauren Goodwin Organizations: New York

☆ Watch Wednesday's full episode of the Halftime Report — May 29, 2024
▼ + stars: | 2024-05-29 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch Wednesday's full episode of the Halftime Report — May 29, 2024"Fast Money Halftime Report" is on the front lines of CNBC's market coverage. Host CNBC's Scott Wapner and the Street's top investors get to the heart of the action as it's happening and help set the agenda for the rest of the day. Watch today's full episode on CNBC PRO.

Persons: CNBC's Scott Wapner Organizations: CNBC PRO

☆ European Central Bank’s Knot says monetary policy to ease ‘gradually,' as markets brace for June rate cut
▼ + stars: | 2024-05-29 | by ( Jenni Reid | ) www.cnbc.com time to read: +2 min

Klaas Knot, president of De Nederlandsche Bank NV, on the sidelines of the Group of 20 (G-20) finance ministers and central bank governors meeting in Gandhinagar, India, on Tuesday, July 18, 2023. Bloomberg | Bloomberg | Getty ImagesLONDON — European Central Bank Governing Council member Klaas Knot said it would "soon" be time to ease monetary policy in the region, but cautioned that the process would need to be done slowly to keep inflation in check. "It can soon be appropriate to ease the currently restrictive monetary policy stance and gradually take our foot off the brake ... policy rates will slowly but gradually move into less restrictive levels," Knot, head of the central bank of the Netherlands, said at the Barclays-CEPR International Monetary Policy Forum in London Tuesday. In a Reuters poll of 82 economists this week, all said they expected a June cut. Knot, usually known for his more hawkish stance, said Tuesday there had been "clear disinflation" since the peak above 10% in late 2022, particularly in goods inflation.

Persons: Klaas Knot Organizations: De Nederlandsche Bank, Bloomberg, Getty, Central Bank Governing, Barclays, CEPR, Monetary, ECB, U.S . Federal Reserve, Bank of England, Reuters Locations: Gandhinagar, India, Netherlands, London

☆ Cramer's Lightning Round: 'Stay away' from Crown Castle
▼ + stars: | 2024-05-29 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

Stock Chart Icon Stock chart icon Walt Disney's year-to-date stock performance. Stock Chart Icon Stock chart icon Topgolf's year-to-date stock performance. Stock Chart Icon Stock chart icon Crown Castle's year-to-date stock performance. Stock Chart Icon Stock chart icon Oklo's year-to-date stock performance. Stock Chart Icon Stock chart icon AppLovin's year-to-date stock performance.

Persons: Walt Disney's, Walt Disney, Nelson, I've, Dick's, AppLovin, I'm, Jim Cramer's Organizations: GE

☆ Google announced a smartwatch for kids — and it looks pretty good
▼ + stars: | 2024-05-29 | by ( Katie Notopoulos | ) www.businessinsider.com time to read: +2 min

Google just announced a new smartwatch aimed at kids ages 7 and up — the Fitbit Ace LTE. The watch can call and text parents over LTE service (with a data plan), and parents can track their kids through GPS. Lots of parents are looking for a way to be able to call or track their kids — without giving them an actual phone. Related storiesThe Fitbit Ace LTE works over LTE and requires a data plan, but not an extra phone line. The Fitbit Ace LTE is $229, which is more expensive than some of its competitors.

Organizations: Service, Google, LTE, Verizon, Garmin, Apple

Now, Kylian Mbappé, who is widely expected to imminently join Real Madrid, says he’s looking forward to the challenge of playing in a new country. Spada/LaPresse/ShutterstockThe first time Real came calling for Mbappé was when the forward was just 13 years old. In his comic book, “Je m’appelle Kylian (I’m called Kylian),” Mbappé describes his dreams of one day playing in the famed white shirt of Los Blancos. We won the league and went to the semifinal of the Champions [League], but I did nothing important in the world of football. I’m French, I’m from Paris, so it was something special.

Persons: Italy CNN —, Germain, Kylian Mbappé, imminently, ” Mbappé, Amanda Davies, “, ”, “ It’s, it’s, Mbappé, Real, –, Frenchman, Matthias Hangst, Zinedine Zidane, Ronaldo Nazário, Luís Figo, David Beckham, Cristiano Ronaldo, Kaká –, Karim Benzema, Vinícius Jr, Jude Bellingham, Will Mbappé, Alain Jocard, I’m, “ I’ve, that’s Organizations: Italy CNN, Paris Saint, Real Madrid, CNN, Globe Soccer, PSG …, French, PSG, Global, France, Real, Borussia Dortmund, Champions League, London’s Wembley, League, Bayern Munich, RC Lens, Getty, Paris, AS Monaco, Ligue, Champions, “ Locations: Sardinia, Italy, Spada, Paris, Qatar, Real Madrid, Lyon, London’s, France, England, Spain, Germany, Lisbon, AFP, Monaco

Learn morePeacock is NBC's streaming service, making it the best choice for fans of "Brooklyn Nine-Nine," "New Girl," and this year's Olympics. New and returning subscribers can get a whole year of Peacock Premium for only $20. In our guide to the best streaming services, we recommend Peacock as the best service for NBC fans. AdvertisementHow to get the Peacock dealScoring this deal on NBC's Peacock is as easy as signing up and checking out. It's amongst the cheapest streaming services you can choose from at the moment — but keep in mind that this tier is ad-supported.

Persons: Peacock, NBC's Organizations: Business, NBC, Olympics, Recreation

☆ The Ancient Art of Calligraphy Is Having a Revival
▼ + stars: | 2024-05-29 | by ( Jenny Gross | ) www.nytimes.com time to read: +1 min

“Go more slowly,” Laura Edralin, a calligraphy teacher in London, told me, as she walked around a table of beginners on a recent Wednesday night, explaining how to achieve even, flowing strokes. As a breaking news reporter for The New York Times, I am not used to being told to slow down, nor am I accustomed to writing by hand. Calligraphy, a centuries-old art form, is seeing a surge of interest, including among young people more familiar with coding than cursive. An increase in calligraphy-related posts on social media and the popularity of online classes may have helped drive the trend. On TikTok, where users can find how-to videos or watch clips of experienced calligraphers at work, 63 percent more posts used #calligraphy in April 2024 than in April 2023, according to TikTok.

Persons: ” Laura Edralin, —, calligraphers, Paola Gallegos, Gallegos Organizations: The New York Times Locations: London, Michael’s, North America, Ha Noi, Vietnam, Cusco, Peru, TikTok

☆ This retirement planning gap is 'hidden in plain sight,' Harvard professor says
▼ + stars: | 2024-05-29 | by ( Greg Iacurci | ) www.cnbc.com time to read: +6 min

Yet, there's a notable lack of attention and concern given to the social aspect of retirement, experts said. It's a facet of retirement planning that's almost "hidden in plain sight," said Robert Waldinger, a clinical professor of psychiatry at Harvard Medical School. Money is the "obvious" focus when it comes to retirement planning, Waldinger said. Put another way: "Social connections are really good for us" and "loneliness kills," Waldinger explained in a 2015 TED Talk titled "What makes a good life?" "Some people say, 'It's too late for me'" to make new social connections, Waldinger said.

Persons: Jose Luis Pelaez, there's, that's, Robert Waldinger, Waldinger, General, David Sbarra, Sbarra, It's, Yochai Shavit, Shavit, it's Organizations: Social Security, Finances, Allianz Life, Harvard Medical School, Waldinger, Harvard, TED, U.S, Laboratory, University of Arizona, Finance, Stanford University Center, Longevity, CNBC Locations: People

☆ Iga Swiatek beats Naomi Osaka in French Open classic
▼ + stars: | 2024-05-29 | by ( Matthew Futterman | ) www.nytimes.com time to read: +5 min

With her biggest triumph in years, Naomi Osaka lost to world No. 1 and three-time defending champion Iga Swiatek at the French Open today, Wednesday May 29. Few even considered that Osaka, less than a year after giving birth, with little success on clay, would stand a chance. Swiatek saved a match point, then let Osaka’s errors bring her back on serve. A killer cross-court backhand winner brought her to match point, and then she watched Osaka send one more backhand long.

Persons: Naomi Osaka, Iga Swiatek, It’s, Swiatek, Roland Garros, Philippe, Osaka, Richard Gasquet, Mateo Villalba Organizations: Wednesday, Osaka, Getty Locations: Osaka, California

☆ In This English Countryside Race, the Winner Takes the … Cheese
▼ + stars: | 2024-05-29 | by ( Jenny Gross | ) www.nytimes.com time to read: +1 min

Cheese!” hundreds of people chanted at the top of their lungs. An eight-pound wheel of Double Gloucester cheese flew down a hill. The cheese-chasing contest, one of the most peculiar traditions in England, if not the world, dates to at least the early 1800s, according to local lore. Thousands showed up to Cooper’s Hill in southwestern England to watch on Monday, undeterred after the local authorities deemed the event unsafe for competitors and spectators alike. The winners hailed from as close as Gloucestershire and as far away as Germany, the United States and Australia.

Locations: Gloucester, England, Gloucestershire, Germany, United States, Australia

☆ Latest North Korean Offensive: Dumping Trash on South Korea From the Sky
▼ + stars: | 2024-05-29 | by ( Choe Sang-Hun | ) www.nytimes.com time to read: +1 min

North Korea has resumed an unusual operation to show anger at South Korea: dumping trash from the sky across the world’s most heavily armed border. Between Tuesday night and Wednesday, the South Korean military said that it found 260 balloons drifting across the Demilitarized Zone, the buffer between the two Koreas. Soon, residents across South Korea, including some in Seoul, the capital, reported seeing plastic bags falling from the sky. The South Korean military said the garbage was released by timers when the balloons reached its airspace. Its unusual offensive this week prompted South Korea to send a cellphone alert to residents living near the inter-Korean border to refrain from outdoor activities and watch out for unidentified objects falling from the sky.

Organizations: South Korean, South Locations: Korea, South Korea, Seoul, North Korea

☆ Wells Fargo CEO talks up reasons to love the stock — plus, what's behind the market drop
▼ + stars: | 2024-05-29 | by ( Zev Fima | ) www.cnbc.com time to read: +5 min

Apple and Nvidia, our two "own, don't trade" stocks were also the top performers among the entire 33 stock Club portfolio. When the Federal Reserve at some point removes its asset cap on Wells Fargo, Scharf said corporate lending and trading will be areas of growth for the bank. 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.

Persons: Jim Cramer, Hess, Merck, Morgan Chittum, Charlie Scharf, Scharf, Wells, Wells Fargo's, " Scharf, it's, Wells Fargo, Eli Lilly, CNBC's David Faber, Locker, Jim Cramer's, Jim Organizations: CNBC, Dow, Nvidia, American Airlines, Tech, Apple, Microsoft, ConocoPhillips, Chevron, Banking, Investing Club, Wells, Bernstein's, Investment Banking, Wealth Management, Federal Reserve, FDA, Club, Costco, Broadcom, Jim Cramer's Charitable Locations: Wells Fargo

☆ Chinese travelers are opting for lower-cost domestic destinations over foreign tourist spots
▼ + stars: | 2024-05-29 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +3 min

Nurphoto | Nurphoto | Getty ImagesBEIJING — Chinese travelers are increasingly opting for cheaper domestic destinations over foreign tourist spots. The top reason for preferring their home country was "abundant domestic travel options," the survey found, followed by "too costly" international travel. Local tourism has been a bright spot in China's recovery from Covid-19 controls that ended in late 2022. watch nowDuring a public holiday this year from May 1 to May 5, domestic tourism trips and revenue surged versus pre-pandemic levels in 2019, official data showed. Local authorities said performing arts subsidies from the local governments helped generate 48.3 million yuan in ticket sales to 230,000 people, stimulating about 460 million yuan in economic activity.

Persons: Oliver Wyman, Trip.com, Ashley Dudarenok, Ashley Dudarenok ChoZan Organizations: Nurphoto, Getty, International, CNBC, China Locations: China's Guizhou province, BEIJING, China, Hong Kong, Japan, Covid, Yangzhou, Luoyang, Qinhuangdao, Guilin, Zibo, U.S, Xi'an, Guangxi, Nanjing

☆ Tom Cruise pranked Glen Powell by pretending his helicopter was going to crash
▼ + stars: | 2024-05-29 | by ( Eammon Jacobs | ) www.businessinsider.com time to read: +3 min

Read previewGlen Powell said Tom Cruise pranked him by pretending that the helicopter he was flying was going to crash. Cruise famously has a pilot's license, and even flew some of the planes while filming "Top Gun: Maverick." Powell recalled flying back to London in a helicopter with Cruise after working on reshoots at Pinewood Studios. While some of the "Top Gun: Maverick" cast members already had well-established careers, Powell was waiting for his to really take off. Instead, Powell said Cruise pushed him to learn more about the industry and develop himself into a bonafide movie star.

Persons: —, Glen Powell, Tom Cruise pranked, Powell, Jake, Miles Teller, Bradley, Bradshaw, Cruise, Pete, Maverick, Mitchell, Tom Organizations: Service, Business, Cruise, Pinewood Studios, Hollywood Locations: London

☆ Opening Bell: May 29, 2024
▼ + stars: | 2024-05-29 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailOpening Bell: May 29, 2024Watch the opening bell for the New York Stock Exchange and the Nasdaq from May 29, 2024

Organizations: New York Stock Exchange, Nasdaq

☆ Watch Wednesday's full episode of Fast Money — May 29, 2024
▼ + stars: | 2024-05-29 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch Wednesday's full episode of Fast Money — May 29, 2024"Fast Money" is America's post-market show. Hosted by Melissa Lee and a roundtable of top traders, "Fast Money" breaks through the noise of the day, to bring you the actionable news that matters most to investors.

Persons: Melissa Lee

☆ China's $47.5 billion chip fund will likely focus on AI amid U.S. export curbs, NYU professor says
▼ + stars: | 2024-05-29 | by ( Sheila Chiang | In Sheilachiang | ) www.cnbc.com time to read: +1 min

Digitally Generated Images Wong Yu Liang | Moment | Getty ImagesChina set up a multibillion-dollar state-backed investment chip fund last week — and one observer says it will likely focus on advanced chips for AI and establishing the entire supply chain. "Fund 3 will focus on [establishing] the total supply chain. watch nowChina has piled 344 billion Chinese yuan ($47.5 billion) into a third investment fund that aims to boost its domestic semiconductor industry amid an escalating technology war with the U.S. The China Integrated Circuit Industry Investment Fund, also known as the National Integrated Circuit Industry Investment Fund and the Big Fund, is part of China's efforts to reduce foreign reliance in its domestic chip industry. The first two funds raised 138.7 billion yuan and 204 billion yuan in 2014 and 2019 respectively.

Persons: Wong Yu Liang, Winston Ma, Ma, CNBC's Organizations: NYU School of Law, U.S, China Integrated Circuit Industry Investment Fund, National Integrated Circuit Industry Investment Fund, Big Locations: China, Netherlands

☆ Watch Wednesday's full episode of Mad Money with Jim Cramer — May 29, 2024
▼ + stars: | 2024-05-29 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch Wednesday's full episode of Mad Money with Jim Cramer — May 29, 2024"Mad Money" host and former hedge fund manager, Jim Cramer, provides stock traders with all manner of investing advice.

Persons: Jim Cramer —, Jim Cramer

☆ Opinion | You Can’t Perform a Good Marriage
▼ + stars: | 2024-05-29 | by ( Jessica Grose | ) www.nytimes.com time to read: +1 min

I saw the new Netflix documentary series “Ashley Madison: Sex, Lies & Scandal,” anticipating just some prurient garbage to half-watch before drifting off to sleep. That’s because ashleymadison.com is a website for married people looking to find partners in infidelity — its tagline is “Life is short. The heart of the series comes from the couples who were affected. Though one couple that had an open marriage seemed unruffled by the invasion of privacy, two other families are featured that were devastated by the hack. One of those couples is Sam and Nia Rader, a Texas-based Christian vlogging couple who had gone viral a few times before the hack.

Persons: Ashley Madison, ”, Daniel Victor, Nia Rader, ” Sam Rader, “ vlogging, John Gibson, Christi Gibson Organizations: Netflix, YouTube, Disney Locations: Texas, Louisiana

☆ Benefits of secondhand clothing, goods according to Alicia Silverstone
▼ + stars: | 2024-05-29 | by ( Jessica Dickler | ) www.cnbc.com time to read: +2 min

Alicia Silverstone stars in the 1995 film "Clueless." "I've been fighting the good fight to encourage people to buy used and make it sound cool," she said. Online shopping's hefty toll on the environmentWith the explosion of online shopping during the pandemic, a surge in returns seemed like a small price for everyone to pay. The return rate in 2023 was about 15% of total U.S. retail sales, or $743 billion in returned goods, according to the National Retail Federation's most recent data. For online sales, the numbers are even higher, with a return rate closer to 18%, or $247 billion of merchandise purchased online returned.

Persons: Alicia Silverstone, Stringer, Cher Horowitz, Cher, Silverstone, I've, Shraysi Tandon Organizations: CNBC, eBay, National Retail

☆ Opinion: Why we can’t let go of Jennifer Lopez and Ben Affleck’s love story
▼ + stars: | 2024-05-29 | by ( Opinion Holly Thomas | ) edition.cnn.com time to read: +6 min

After expressing anxiety over other actors’ reluctance to star in the movie, Lopez brings up her spouse. Ben Affleck and Jennifer Lopez attend the 75th Annual Academy Awards at the Kodak Theater on March 23, 2003 in Hollywood, California. Now, with an album, film and documentary themed around their second act, Lopez has invited that scrutiny back again, despite her beloved’s obvious reluctance. “The Greatest Love Story Never Told” is swiftly becoming The Greatest Love Story Never Off Duty. Neither Lopez nor Affleck has addressed the current breakup rumors so far.

Persons: Holly Thomas, Katie Couric, Jennifer Lopez’s, Ben Affleck, Lopez, “, Benny Medina, I’m, Affleck, I’ve, ”, Jennifer Lopez, Kevin Winter, Jenny, that’d, Ben, You’ve, Elaine Goldsmith, Thomas, Derek Hough, that’s, Icarus, Simu Liu, “ We’re, ” Affleck, We’re Organizations: Katie Couric Media, CNN, Kodak Theater, Netflix Locations: London, Hollywood , California, Bennifer, Las Vegas, Vegas

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