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☆ I'm Gen X, and my best friend is a boomer. She's helping me through my divorce and models my future for me.
▼ + stars: | 2024-03-10 | by ( Amy Mchugh | ) www.businessinsider.com time to read: +5 min

Two decades later, she's still my closest friend — even though she's a boomer and I'm Gen X. She knows I love food and hate food after my mother took me to Weight Watchers when I was 13. AdvertisementNow, she's helping me get through a divorceIn September, my husband of 21 years surprised me with a divorce. I'm comforted by the love she found in a second husband a few years after her divorce. On the long road to divorce recovery, Kathy keeps showing up.

Persons: —, Kathy, Amy, Kathy's, she's, Spaghettios, She's, who've, I'm Organizations: Service, Business Locations: Portuguese, Cape Cod, Fish, Charleston

☆ Inside a Michigan Town's War Over a Chinese-Owned Battery Plant
▼ + stars: | 2024-03-10 | by ( Brent Crane | ) www.businessinsider.com time to read: +24 min

This was nothing short of a communist invasion, in his eyes, and the patriots of Green Charter needed to rise up and confront the Red Peril. But the backlash in Green Charter represents something seldom seen since the Red Scare: a quasi-militant, homegrown resistance to the perceived threat of communism at home. But as the war over Gotion began to consume Green Charter, Riebow began to feel that the township board was behaving "too secretly." It's easy to dismiss what's happened in Green Charter as yet another sign of America's descent into dangerous incivility. Asked about Gotion's plans in Green Charter, Panetta replied, "I don't think there's any question that they are going to take advantage of that situation."

Persons: Jeff Peticolas, Sam Peticolas, He'd, Peticolas, Gos, Green, Matt Harrison Clough, Jim Chapman, I've, Chapman, freaked, Rush Doshi, Joe Biden's, Doshi, Donald Trump, Sen, Katie Britt, Lori Brock, Kristina Karamo, Lana Theis, John Moolenaar, it's, Gotion, John Holdsworth, I'm, Tracy Ruell, Ruell, Carlleen Rose, she'd, Suzi, Tim Hahn, Hahn, texted Hahn, Jeff, Corri Riebow, She'd, Riebow, Breitbart, Gretchen Whitmer, —, we've, Holdsworth, Jason Kruse, Kruse, that's, Kruse demurred, Hahn's, we're, We're, what's, William Evanina, Leon Panetta, Barack Obama's, Panetta, Brent Crane Organizations: Imperial, Pacific, Nikon, Ferris State University, Tech, Green Charter, BI Green Charter, Michigan, United States, Chinese Communist Party, Michigan Republican Party, Michigan GOP, WE, Republican, Republicans, Gotion, Treasury Department, BI, CCP politburo, Party, Communist Party of China, SAIC, Nexteer Automotive, Facebook, Big Rapids, Local, Moolenaar, Fox News, Daily Mail, Gov, Green Charter's, Ferris State, Big, FBI Locations: Pearl, He'd, Imperial Japan, Vietnam, Mecosta County , Michigan, American, Green Charter, Green, China, Green Charter's, Montana, Beijing, Arkansas, Reedley , California, Manteno , Illinois, Washington, America, United, United States, Biden's State, Alabama, Mecosta County, Michigan, Sweden, Big Rapids, enervated, Gotion, Northern Michigan, USA, Filipino, Charter, San Diego

☆ Sam Smith opens Vivienne Westwood’s Fall-Winter 2024 show in Paris
▼ + stars: | 2024-03-04 | by ( Leah Dolan | ) edition.cnn.com time to read: +5 min

The discombobulating outfit was, in fact, the opening look of Vivienne Westwood’s Fall-Winter 2024 show in Paris — a collection that has proved divisive online. “Vivienne Westwood will be turning in her grave watching Sam Smith in this get up,” wrote one disgruntled fan on X. While many online lamented how Kronthaler’s latest season has “defiled” and “tainted” Westwood’s fashion reputation. The 1990s era of Vivienne Westwood was defined by shape and silhouette, as demonstrated here with Linda Evangelista walking the Fall-Winter 1995 show in Paris. Kronthaler's first solo show for Vivienne Westwood at Paris Fashion Week felt more aligned with the brand's popular 90s silhouettes.

Persons: Sam Smith, trudging, fanny, Mel Gibson’s, Vivienne Westwood’s, Andreas Kronthaler, —, Pascal Le Segretain, Vivienne Westwood, Alexander McQueen, John Galliano, Gen, ”, Linda Evangelista, PL, Kronthaler, Kate Moss, “, Vivienne Westwood's, Giovanni Giannoni, Bella Hadid, Kronthaler's Organizations: CNN, Westwood, PL Gould, Vogue, Penske Media, Paris Fashion, Financial Times Locations: Paris, Sharpie

☆ Here is Eli Lilly's competitive edge in GLP-1 obesity drugs and Abbott's secondary play
▼ + stars: | 2024-02-29 | by ( Jeff Marks | ) www.cnbc.com time to read: +4 min

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, Dow, Jim, Chris Danely, Cramer, Eaton, Eli Lilly, Lilly, Jim Cramer's Organizations: CNBC, Dow, Nasdaq, Semiconductor, Citi, Broadcom, Nvidia, Devices, Micron, Dell Technologies, Autodesk, Novo Nordisk, Abbott Laboratories, Novo, Viking, Jim Cramer's Charitable

U.S. President Joe Biden's son Hunter Biden talks to reporters outside the U.S. Capitol on December 13, 2023 in Washington, DC. Hunter Biden will appear a week after James Biden, the president's brother, told lawmakers that at no point during his 50-year business career was Joe Biden involved in his work. Joe Biden attended dinners, spoke on speakerphone, showed up to meetings, and had coffee with his son's foreign business associates. Republicans first issued a subpoena to Hunter Biden in early November, but through his lawyer, he chose not to comply with it for months. Hunter Biden will repeat what he and other witnesses have previously told the committees, that his father was not involved in his business, the sources said.

Persons: Joe Biden's, Hunter Biden, WASHINGTON — Hunter Biden, James Biden, Joe Biden, Hunter, James Comer, Comer, Biden, MAGA, Alexander Smirnov, Smirnov Organizations: U.S, Capitol, WASHINGTON, GOP, Committee, NBC, Republicans, MAGA Republicans, White House, Democratic, NBC News, FBI, Russian, Republican Locations: Washington , DC, Ky

☆ Stock futures are little changed ahead of key inflation data and corporate earnings: Live updates
▼ + stars: | 2024-02-25 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +2 min

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, July 20, 2023. U.S. equity futures were little changed on Sunday as investors looked forward to the latest reading of the Federal Reserve's preferred inflation reading as well as a slew of big earnings reports. Futures tied to the Dow Jones Industrial Average were down by 0.04%, while S&P 500 futures and Nasdaq 100 futures ticked lower by 0.04% and 0.05%, respectively. "Nvidia has been the gift that keeps on giving with blockbuster earnings reports driving semis, tech, and the broader market higher this past week. "A hotter than expected PCE report this week could be a data point that could dampen the market enthusiasm."

Persons: Dow, they're, Stephanie Lang, Homrich Berg Organizations: New York Stock Exchange, Federal, Dow Jones, Nasdaq, Nvidia, CNBC, Norwegian Cruise, AMC Entertainment, Anheuser, Busch Locations: New York City, Norwegian

☆ How Johnson wooed Trump to back a GOP congressman targeted by Gaetz
▼ + stars: | 2024-02-25 | by ( Manu Raju | Melanie Zanona | ) edition.cnn.com time to read: +11 min

“Seeing as how President Trump endorsed Mike Bost, Matt always finds himself on the wrong side of history,” Miller told CNN. After the GOP leadership’s candidate, Craig Riedel, was caught on tape criticizing Trump, multiple Republicans pulled their endorsement, including Miller and House GOP Conference Chairwoman Elise Stefanik. And now, Miller is inserting herself into another incumbent primary race in Illinois: She also is backing Bailey over Bost, her House GOP colleague. But this time, Miller and Gaetz are on the opposite side of Trump in the race. “Darren Bailey proudly stands with President Trump despite disagreeing with him on this endorsement,” a campaign spokesman said.

Persons: Donald Trump’s, Manu Raju ’, Mike Johnson, Donald Trump, Matt Gaetz, Johnson, Trump, Mike Bost, MAGA, Darren Bailey, Richard Hudson of, Max Miller, Bost, –, Kevin McCarthy, Matt, ” Miller, “, ” Darren Bailey, Terrence Antonio James, Tom Williams, Gaetz, Miller, Bailey, ” Gaetz, “ I’ve, he’s, Gaetz “, ” Bost, He’s, ”, Sen, Steve Daines, Republican leadership’s, Matt Rosendale, Craig Riedel, Elise Stefanik, Derek Merrin, Merrin, Byron Donalds of, JD Vance, Marcy Kaptur, Mary Miller of, Caucus hardliner, Rodney Davis, Davis, Bailey’s MAGA, Mike, ” Davis, that’s, it’s, “ Darren Bailey, Gaetz Gaetz, McCarthy, Carlos Gimenez, Don Bacon, I’ve, don’t, Reagan, shrugged, Sam Fossum, Morgan Rimmer, Christine Park Organizations: Republican, Rep, Republicans, Mar, Lago, Trump, Ohio, GOP, Florida Republican, CNN, Chicago Tribune, Getty, Capitol, Bost, Caucus, Air Force, Senate, Congressional, Democratic, House GOP, House Republican Conference, Getty Images Party, Republican JR Majewski, Street Caucus, ”, Nebraska Republican Locations: Illinois, Richard Hudson of North Carolina, Johnson, Hudson, Florida, Springfield , Illinois, Herrin , Illinois, McCarthy, Ukraine, Montana, House, Ohio’s, Ohio, Byron Donalds of Florida, Mary Miller of Illinois

☆ The US is almost out of options to make Russia pay for Navalny's death
▼ + stars: | 2024-02-19 | by ( Tom Porter | ) www.businessinsider.com time to read: +5 min

Read previewWhen President Joe Biden addressed the sudden death of Russian dissident Alexey Navalny last week, he had no doubt where the blame lay. But where Biden sounded less certain, was on how the Russian president should pay for the alleged crime. For instance, the US has sought to cut off Russia's export of oil and gas, a trade that is at the heart of the Russian economy. Putin has placed the Russian economy on a war footing, with 6% of GDP spent on arms and ammunition production, meaning that US attempts to seriously constrict Russian weapons production have failed. And there remain options open to the US and other countries in the West if they choose to punish Russia even further.

Persons: —, Joe Biden, Alexey Navalny, Biden, Navalny, Putin, Donald Trump, Elisabeth Braw, Edward Lucas Organizations: Service, Business, Kremlin, New York Times, Munich Security, US, Republicans, Treasury, Atlantic Council, Observer, Times Radio Locations: Russian, Russia, Ukraine, India, China

☆ My last name is Pretzel. Once a pretzel company offered me a job because of it.
▼ + stars: | 2024-02-17 | by ( Jillian Pretzel | ) www.businessinsider.com time to read: +4 min

I once had a pretzel company offer me a job based solely on my name. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementNearly 90 years ago, my great-grandfather, Paul Pretzel Sr., told his son, Paul Pretzel Jr., that when he got older, he could change his name if he wanted to. Once, a gourmet pretzel company flat-out offered me a sales job based on nothing but a short conversation and the fact that my name is so adorably delicious. To my knowledge, no one in the family was offended by her change — I think they knew that some unique names aren't for everyone.

Persons: —, Paul Pretzel Sr, Paul Pretzel Jr, I've, pretzels, didn't, Cornell Organizations: Service Locations: Austria

☆ The Fed has a very strong case to keep rates higher for longer
▼ + stars: | 2024-02-17 | by ( Phil Rosen | ) www.businessinsider.com time to read: +6 min

Yet Jerome Powell and his central bank colleagues have rebuffed those forecasts, and markets have pushed their rate cut predictions further into 2024. And the producer price index for January came in at 0.3% on Friday, higher than the expected 0.1% increase. Jimmy Chang, the chief investment officer for Rockefeller Global Family Office, told Business Insider that it would be difficult for the Fed to cut rates in the current landscape. AdvertisementThe Fed's next moveThe case for keeping rates unchanged has gained momentum over recent weeks, but both markets and the Fed ultimately expect easing interest rates in 2024. Bank of America forecasts that the first cut likely won't happen until June, and policymakers could opt to cut rates "later and faster."

Persons: Jerome Powell, Nonfarm payrolls, Mary Daly, agilely, Joe Seydl, Seydl, Jimmy Chang, Chang, Austan Goolsbee, Goolsbee, Jay Woods, We're, Woods, Powell Organizations: Federal Reserve, Bureau of Labor Statistics, Atlanta Fed, San Francisco Fed, JPMorgan Private Bank, Rockefeller Global Family Office, Fed, Chicago Fed, Council, Foreign Relations, Freedom Capital Markets, Bank of America

☆ Stocks are vulnerable to a 5% 'air-pocket drawdown' as greedy traders short volatility, research firm says
▼ + stars: | 2024-02-16 | by ( Aruni Soni | ) www.businessinsider.com time to read: +3 min

The "Volmageddon" episode happened six years ago after traders piled into a bunch of ETFs that were designed to return the inverse of market volatility (essentially betting on a calm market). And when volatility went up in February 2018, it tanked those strategies, sending the S&P 500 down more than 10% in two weeks. As VIX futures expire, the S&P 500 is seeing stronger price reactions. The short-volatility trade became very popular after 2010 when volatility was low, and traders could make money betting against market turbulence. AdvertisementIt's not a major concern right away as volatility upticks have been small, and the S&P 500 has remained resilient.

Persons: —, Tom Essaye, Essaye Organizations: Service, Business

☆ Shopify's new price hikes could put pressure on its app developer ecosystem
▼ + stars: | 2024-02-14 | by ( Madeline Stone | ) www.businessinsider.com time to read: +5 min

The price hike comes a year after Shopify raised prices for its base subscription plan. Many have shrugged off the most recent price increase. Shopify frequently touts its third-party app ecosystem as an advantage for merchants looking to grow their business efficiently. Many of the most popular Shopify apps have also raised prices recently. It's possible that some lower-volume Plus merchants will downgrade to more basic subscription options due to cost.

Persons: —, Shopify, Andy Cloyd, Stephen Watson, Cloyd, ” Erman Küplü, Küplü, ” Watson, Jeff Hoffmeister, Hoffmeister Organizations: Service, Merchants, Business, Elysian Solutions, BI Locations: GMV, North America, mstone@insider.com

☆ I'm getting my husband's girlfriend a gift for Valentine's Day
▼ + stars: | 2024-02-14 | by ( Lelia Gowland | ) www.businessinsider.com time to read: +6 min

When he started dating Pippy, at first, I felt unsettled by their closeness. It was from Pippy, Cole's girlfriend. But Cole's relationship with Pippy escalated more quickly than any of Cole's others, which left me unsettled. At one point, after the three of us struggled to navigate their escalating relationship, Pippy suggested she and I go for a walk. AdvertisementThis Valentine's Day, I'm more excited to celebrate my relationship with Pippy than I am to celebrate my 13th Valentine's Day with my husband.

Persons: —, Cole shrugged, we're, Cole, Pippy, Valentine, she'd, Gowland, Bryan Barnett, That's, I'd, I've Organizations: Service Locations: Pippy, polyamory

In it, Wang films Yi and Chang going about their daily lives with bits of playfulness mixed in. “But now that we made this movie and it’s going to the Oscars, we do kind of feel like movie stars. “That’s kind of why we made this movie,” Wang says. “We’re going to the Oscars and I’m going with my grandmas,” Wang says, smiling. Says Wang: “They’re offer only.”___Follow AP Film Writer Jake Coyle at: http://twitter.com/jakecoyleAP___For more on this year’s Oscars, visit: https://apnews.com/hub/academy-awards

Persons: Sean Wang’s, Yi Yan Fuei, Chang Li Hua, Wang, Yi, Chang, Sean, “ Wài, Nǎi, ”, Wài, ” Chang, Zoom, Oscar, wasn’t Bradley Cooper's, Emma Stone’s, Sam Davis, that’d, ” Yi, ” Wang, “ It’s, they’ve, “, Miles, voicemails, “ We’re, Will Ang Lee, Says Wang, Jake Coyle Organizations: Bay Area, Academy, Disney, SXSW, Sundance Film, Sundance, U.S, Focus Locations: Bay, Los Angeles, Taiwan, Taiwanese, New York

Donald Trump is a "loser," President Joe Biden now repeatedly says of his likely 2024 general election opponent. And of course Trump should want to debate him, Biden said, since he's "got nothing else to do." "Nevada, you’re the reason we will make Donald Trump a loser again," the president wrote on his own social media account. The Best Political Cartoons on Joe Biden View All 270 ImagesWhen Trump suggested he'd debate Biden, the president shrugged it off with a sneering remark. "I think it works for Joe Biden if it sounds like Joe Biden," Loge says.

Persons: Donald Trump, Joe Biden, Biden, Trump, He's, MAGA, he'd, shrugged, I’d, He’s, Peter Doocy, ” Doocy, ” Biden, priding, Peter Loge, Loge, Sen, Ted Cruz of, Cruz, –, Nikki Haley –, Haley Organizations: Trump, Silver State Democrats, MAGA Republicans, House Democrats, Fox News, House, George Washington University School of Media, Public Affairs, South Carolina Gov Locations: Washington, Nevada, Leesburg , Virginia, Ted Cruz of Texas

☆ The odds of a global recession keep going down
▼ + stars: | 2024-02-07 | by ( Phil Rosen | ) www.businessinsider.com time to read: +4 min

Ned Davis Research said economic indicators suggest the odds of a global downturn are diminishing. "The global economic lull we saw in the second half of 2023 appears to be abating." In a note published Tuesday, they highlighted that economic indicators across manufacturing, supply chains, and equities suggest the odds of a global recession have come down. On a historical basis, it's still below the long-term average of 53.2, but the global composite PMI has a recession threshold of 47.8. "This puts our breadth measure closer to pre-pandemic levels, when global expansions typically saw services breadth at 85% or higher."

Persons: Ned Davis, —, Alejandra Grindal, Patrick Ayers, Goldman Sachs Organizations: Ned Davis Research, Service, PMI, NDR Locations: China, India, East, Japan, Canada

☆ China stock market: angry Chinese take to US Embassy’s social media account to vent about plunging shares
▼ + stars: | 2024-02-05 | by ( Laura He | ) edition.cnn.com time to read: +2 min

On Monday, mainland Chinese markets slumped again after their worst weeks in years. Under a Friday post by the US Embassy’s Weibo account about protecting wild giraffes, many Chinese people complained about the stock market rout and the challenging economy. “The US government, please help Chinese stock investors,” a user said in a repost of the animal protection article. Investors seemed to have shrugged off Chinese regulators’ latest pledge to bolster the stock market. On Sunday, the China Securities Regulatory Commission vowed to prevent “abnormal fluctuations” in the stock market and stabilize confidence.

Organizations: Hong Kong CNN, Embassy, US, Weibo, Investors, China Securities, CNN Locations: China, Hong Kong, Beijing, Shanghai, Shenzhen

☆ Coco Jones may seem like a splashy newcomer, but she's having déjà vu
▼ + stars: | 2024-02-03 | by ( Callie Ahlgrim | ) www.businessinsider.com time to read: +10 min

Anyone who watched the Disney Channel in the early 2010s will recognize Jones' onscreen magnetism and precocious vocal skill. AdvertisementBut while many of Jones' cohorts have emphatically shed the mouse ears, Jones has taken the path of radical acceptance. "One thing about 'Let It Shine,' it's going to follow me until the wheels fall off," Jones said. Advertisement"ICU" was released as the second single from "What I Didn't Tell You," the first EP Jones released through a major label. "What I Didn't Tell You" is the product of studious passion; Jones honors the R&B tradition without relying on imitation.

Persons: —, Coco Jones, it's, Jones, Chloe, Halle Bailey, Kelsey, Charlie, Tyler James Williams, Abbott, Hilary Banks, Bel, Will Smith, Justin Timberlake, Miley Cyrus, Olivia Rodrigo, Sabrina Carpenter, " Jones, Lea Mende Jones, I'm, Warner Chappell, Simone Biles, Lea Mende, Aretha Franklin, Whitney Houston, Mariah Carey, CeCe Winans, Taylor Swift, Timberlake, Babyface, Reneé Rapp, She's, Rapp Organizations: Service, Disney Channel, Disney, Business, Hollywood Records, Facebook, colorism, Bel, Def Jam, Warner, Warner Chappell Music, BET, HBO, College Girls, MTV

☆ Premarket stocks: The Fed isn’t vexing markets. Here’s what might
▼ + stars: | 2024-01-31 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +6 min

But with practically all of Wall Street in agreement that no changes will be made, investors are focused on Fed Chair Jerome Powell’s afternoon press conference where he’ll answer questions about his outlook for monetary policy. Conflict in the Middle East and the Red Sea in particular “poses a risk to global trade,” said EY Senior Economist Lydia Boussour on Tuesday. That’s a huge blow to trade: As much as 15% of global trade and 25%-30% of global container shipments transit through the waterway. “For now, we don’t expect the situation in the Red Sea to substantially alter the outlook for global inflation and global monetary policy this year,” said Boussour. The company reported earnings per share of $2.93, beating Wall Street expectations of $2.79.

Persons: Jerome Powell’s, Powell isn’t, we’ve, ” Johns, Laurence Ball, Kevin Gordon, Charles Schwab, Gordon, ”, There’s, Jay Powell, CNN’s Arlette Saenz, Joe Biden, “, Brent, EY, Lydia Boussour, “ We’ve, Satya Nadella Organizations: CNN Business, Bell, New York CNN, Federal Reserve, ” Johns Hopkins, “, Commerce Department, West Texas Intermediate, International Monetary, Microsoft, Revenue Locations: New York, East, Europe, China, Jordan, Gaza, Suez, Iran

NEW YORK (AP) — Chita Rivera, the dynamic dancer, singer and actress who garnered 10 Tony nominations, winning twice, in a long Broadway career that forged a path for Latina artists and shrugged off a near-fatal car accident, died Tuesday. Rivera's death was announced by her daughter, Lisa Mordente, who said she died in New York after a brief illness. In August 2009, Rivera was awarded the Presidential Medal of Freedom, the highest honor the U.S. can give a civilian. Rivera put her hand over her heart and shook her head in wonderment as President Barack Obama presented the medal. In 2013, she was the marshal at the Puerto Rican Day Parade in New York City.

Persons: — Chita Rivera, Tony, Lisa Mordente, Rivera, Anita, Barack Obama Organizations: Latina, Associated Press, Puerto Rican Locations: New York, U.S, wonderment, New York City

☆ In Trump’s Bitter, Yearslong Brawl with Roberta Kaplan, He Keeps Losing
▼ + stars: | 2024-01-27 | by ( Maria Cramer | Kate Christobek | ) www.nytimes.com time to read: +1 min

In October 2022, Roberta Kaplan flew to Donald Trump’s estate, Mar-a-Lago, in Florida, to question him under oath in the defamation lawsuit that her client, the writer E. Jean Carroll, had filed against him after she accused him of sexually assaulting her. “She’s not my type,” Mr. Trump said when he was asked if he raped Ms. Carroll in the mid-1990s in a dressing room at the Bergdorf Goodman department store in New York. Then he shrugged, looked at Ms. Kaplan and pointed at her. “You wouldn’t be a choice of mine either, to be honest with you,” he said, according to a transcript of the deposition. “I would not, under any circumstances, have any interest in you.

Persons: Roberta Kaplan, Donald Trump’s, Jean Carroll, “ She’s, Mr, Trump, Carroll, Goodman, Kaplan, ”, “ Locations: Mar, Florida, New York, Manhattan

☆ Analysts love these biotech stocks, giving 4 more than 100% upside
▼ + stars: | 2024-01-25 | by ( Weizhen Tan | ) www.cnbc.com time to read: +2 min

To look for biotech stocks that did well last year and that analysts are still positive on, CNBC Pro screened the iShares Biotechnology ETF and the SPDR S & P Biotech ETF. Potential upside to average price target of more than 40%. Four stocks stood out for being given on average more than 100% potential upside: Humacyte , Marinus Pharmaceuticals , Olema Pharmaceuticals and Ovid Therapeutics . Another three stocks in the screen drew 100% buy ratings from analysts: Ardelyx , Cabaletta Bio and Rocket Pharmaceuticals . Of these three, Rocket Pharmaceuticals got the highest potential upside of 81.4%.

Persons: Marinus, Biomea Organizations: Citi, Federal Reserve, CNBC Pro, Biotechnology, P Biotech ETF, Marinus Pharmaceuticals, Olema Pharmaceuticals, Ovid Therapeutics, Rocket Pharmaceuticals

☆ CNBC Daily Open: All eyes on U.S. fourth-quarter GDP
▼ + stars: | 2024-01-25 | by ( Sumathi Bala | ) www.cnbc.com time to read: +2 min

This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. China, Hong Kong shares lead gainsChina and Hong Kong stocks led gains in Asia on Thursday after the People's Bank of China said it would cut reserve requirements for the country's lenders. Fourth-quarter U.S. GDP data is due on Thursday, which is expected to show the economy is at the crossroads. Tesla's earnings disappointTesla reported fourth-quarter earnings that missed estimates as automotive revenue increased just 1% from a year earlier.

Persons: Tesla Organizations: CNBC, People's Bank of, Nasdaq, Dow, Survey, Health, Citi Locations: China, Hong Kong, Asia, People's Bank of China, India

☆ European markets head for a lower open ahead of ECB rate decision
▼ + stars: | 2024-01-25 | by ( Holly Ellyatt | ) www.cnbc.com time to read: 1 min

The health-care sector may have done poorly in the last couple of years, but analysts are bullish on it right now, citing biotech as an area to watch. "Just two weeks into 2024, the healthcare sector has shrugged off the title of being a notable laggard in 2023," Citi said in a recent note. To look for biotech stocks that did well last year and that analysts are still positive on, CNBC Pro screened the iShares Biotechnology ETF and the SPDR S&P Biotech ETF. Subscribers can read more here. — Weizhen Tan

Persons: Weizhen Tan Organizations: Citi, CNBC Pro, Biotechnology, P Biotech ETF

The announcement shocked civil rights advocates, who countered that the state's system is already arduous and this latest requirement will only further worsen voter disenfranchisement throughout the state. However, in GOP-dominant Tennessee, Republican leaders have repeatedly shrugged off calls to reform the state's voting-rights restoration policy. Voting rights advocates have argued the legal interpretation was way off-base. The change, instituted by elections officials in July, has since halted almost all voting rights restorations: More than 60 people were denied and just one person approved. “It's un-American.”Democratic Rep. Joe Towns likened the state's policy to Jim Crow-era laws that were put in place with the intent of stopping Black people from participating in elections.

Persons: —, shouldn't, ”, William Lamberth, you’ve, it’s, We’ve, Cameron Sexton, Randy McNally, I’m, they’ve, ” McNally, “, Sen, Raumesh, wasn't, Mark Goins, ” Akbari, “ It's, Joe Towns, Jim Crow Organizations: Associated Press, GOP, Republican, Democratic, AP, “, Tennessee Constitution, Assembly, ” Democratic Locations: Tenn, Tennessee, Raumesh Akbari, Memphis

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