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☆ Fact Check-Image of LeBron James dressed in pink is AI-generated
▼ + stars: | 2023-08-02 | by ( Reuters Fact Check | ) www.reuters.com time to read: +1 min

A viral image showing basketball star LeBron James in a pink outfit was created with AI-based tool Midjourney. While some users were able to discern the image was created with artificial intelligence (AI), others did not. “LeBron James setting a bad example for our Lil boys and money ain't everything,” said one post (bit.ly/3Qi247r). Reuters traced the image of James to Midjourney's Discord, on a channel called “#Newbies-185” (ibb.co/cyDNLb7). Representatives for Midjourney and James did not immediately respond to requests for comment.

Persons: LeBron James, ”, “, Midjourney, James, lebron james, Gucci, James ’, Read Organizations: Facebook, Los Angeles Lakers, Lil, Reuters, Midjourney

☆ CNBC Daily Open: Powell’s conference had something for everyone
▼ + stars: | 2023-07-27 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +4 min

This report is from today's CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Muted markets U.S. markets reacted little to the Fed's rate hike. A much-anticipated Fed hike The Federal Reserve hiked by 25 basis points , taking rates to a target range of 5.25% to 5.5%, the highest since 2001. However, Chair Jerome Powell left the door open to a subsequent rate hike, saying the central bank will make decisions "meeting by meeting."

Persons: America —, Jerome Powell, —, Powell, Frances Donald, Dow, CNBC's Fred Imbert, that'd Organizations: CNBC, Reserve, CNBC Pro, Wall, Revenue, Reality Labs, Dow Jones, CAC, Federal, Manulife Investment Management, Nasdaq, Dow Locations: America

☆ The Fed’s expected rate hike is about to sweeten yields on these investments
▼ + stars: | 2023-07-26 | by ( Darla Mercado | Cfp | ) www.cnbc.com time to read: +4 min

The Federal Reserve is widely expected to boost interest rates by another quarter percentage point Wednesday afternoon – and that's terrific news for fixed income investors hoping to grab a little more yield. Since March 2022, the central bank has raised rates 10 times – with July's expected hike marking the 11 th increase – to cool inflation. Consider that during the week of March 11, 2022, the rate on the 2-year Treasury note was 1.75%, according to Refinitiv. Investors who wish to squeeze a little more interest income from their cash holdings have opted for Treasury bills, with the 6-month bill yielding 5.5%. By buying multiple notes of different maturities, investors can "ladder" these Treasurys and reinvest the proceeds from maturing bonds into longer-dated issues.

Persons: Greg McBride, maturities, tradeoffs, McBride, SLM —, Sallie Mae —, Nick Wells Organizations: Federal Reserve, Investors, Treasury, Bank of Locations: Bank of Indiana, Treasurys

☆ 3 health-care stocks are in the headlines. How the news impacts our investments
▼ + stars: | 2023-07-13 | by ( Kevin Stankiewicz | In Kevinstankiewicz | ) www.cnbc.com time to read: +8 min

In April, alongside its first-quarter results, J & J raised its full-year sales guidance by about $1 billion and its earnings-per-share outlook by 15 cents. Clearing this overhang would help reduce the discount at which J & J shares to pharmaceutical peers, the firm said. The Club's take: JPMorgan's thinking on J & J aligns quite closely with our own. The dark cloud of talc lawsuits continues to keep a lid on J & J's stock price. Joaquin Duato, chief executive officer of Johnson & Johnson, at the company's headquarters in New Brunswick, New Jersey, U.S., on Thursday, April 21, 2022.

Persons: Johnson, Eli Lilly, J, Wells, Wells Fargo, Eli Lilly's, —, Eisai, Biogen, Bloomberg, we've, Jim Cramer's, Jim Cramer, Jim, Joaquin Duato, Amir Hamia Organizations: Johnson, JPMorgan, pharma, U.S ., Humana, UnitedHealth, Bloomberg, U.S, Mayo Clinic, Club, GE Healthcare, CNBC, Getty, & $ Locations: U.S, California, Wells Fargo, Rochester , Minnesota, New Brunswick , New Jersey

When looking for a smartwatch to act as a suitable extension of your smartphone, two of the top options currently available are the Google Pixel Watch and Apple Watch Series 8. Below is a quick side-by-side comparison of the flagship smartwatches from both Google and Apple. For example, The Pixel Watch requires an Android phone to run while th Series 8 only works on a device running iOS. If you're interested in learning more about the specifics of each model (and our experiences with them), take a look at our in-depth Google Pixel Watch review and Apple Watch Series 8 review. Below, we've broken down the pros and cons of each smartwatch and what you should consider before buying them.

Persons: they're Organizations: Google, Apple

☆ We're not giving up on this struggling entertainment stock. Here are our reasons
▼ + stars: | 2023-07-07 | by ( Morgan Chittum | ) www.cnbc.com time to read: +3 min

Labor market hints at cooling U.S. stocks were mixed Thursday as markets digested the latest jobs data. This reflects a slowdown from the month prior, a sign that a resilient labor market may be cooling. Wells Fargo downgrade Analysts at Wolf Research downgraded Wells Fargo (WFC) to peer perform from outperform (hold from buy), citing the bank's risks from commercial real estate exposure, along with potential hits to net interest income (NII). 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, There's, Jeff Marks, we're, Morgan Stanley, Wells Fargo, Jim Cramer's, Jim Organizations: CNBC, Labor, Bureau of Labor Statistics, Federal, Walt Disney Co, Disney, Wolf Research, Club, DIS Locations: Wells, U.S

☆ Keysight to buy French software firm ESI Group for nearly $1 bln
▼ + stars: | 2023-06-29 | by ( ) www.reuters.com time to read: +1 min

June 28 (Reuters) - Electronic equipment maker Keysight Technologies (KEYS.N) said on Wednesday it would acquire a controlling stake in French software firm ESI Group (ESIG.PA) in a 913 million euros ($995.81 million) deal. "Keysight's acquisition of ESI Group accelerates our strategy of providing software-centric solutions with virtual prototyping and advanced simulation capabilities," Keysight CEO Satish Dhanasekaran said in a statement. Once the deal is completed, Keysight will launch a mandatory tender offer for the remaining outstanding shares of ESI Group, it said. Th deal will increase Keysight's software revenue and annual recurring revenue, or ARR, Keysight said in a statement. ESI Group provides services in more than 15 countries and has about 1,000 employees.

Persons: Satish Dhanasekaran, Keysight, Th, Lavanya, Subhranshu Sahu, Rashmi Organizations: Keysight Technologies, ESI, ESI Group, Thomson Locations: California, Bengaluru

☆ The market rally has spread to our 4 industrial stocks. Here's what we're doing next
▼ + stars: | 2023-06-15 | by ( Paulina Likos | ) www.cnbc.com time to read: +9 min

Our four industrial-focused stocks — Caterpillar (CAT), Emerson Electric (EMR), Honeywell (HON) and Linde (LIN) — have all been gaining steam over the past three months. There are positive short-term catalysts for our industrial holdings including the U.S. government's commitment to infrastructure spending, global decarbonization initiatives, and industrial automation. For all these reasons, Jim said EMR stock has been "stuck in the mud." EMR stock also pays a healthy 2.5% annual dividend yield and is a real dividend aristocrat. The Club's take: Jim expects Honeywell's stock to go higher from here as the market broadens beyond a handful of tech stocks.

Persons: Jim Cramer, Jim, he's, He's, Jerome Powell, we've, Jim Umpleby, Umpleby, Umpleby's, We're, Jim Wednesday, Emerson, Vimal Kapur, Lewis, Linde Linde, Linde, there's, Jim Cramer's, Luke Sharrett Organizations: Caterpillar, Emerson Electric, Honeywell, Linde, LIN, Federal, Dow Jones, Nasdaq, Tech, Companies, U.S, Caterpillar Caterpillar, CAT, Emerson, National, HSBC, Management, National Instruments, Honeywell Honeywell, CNBC, Whayne, Bloomberg, Getty Locations: China, Wells, Louisville , Kentucky

☆ Here's why the 1930s Great Plains Dust Bowl drought-disaster hit so hard and lasted so long, and why it could happen again
▼ + stars: | 2023-06-12 | by ( James Pasley | ) www.businessinsider.com time to read: +1 min

In the early 20 th century, farmers across the Great Plains harnessed new technology to cash in on a huge demand for wheat. But over-farming led to the removal of prairie grasses which had kept the topsoil in place. For years, the region was bombarded by monster dust storms called "black blizzards" that sometimes buried entire houses in grit. During the 1930s, after an intensive period of over-farming, dust storms regularly wreaked havoc, blanketing towns and farms in grit, destroying crops and making people sick. The drought and storms led to one of the largest mass migrations in a short period of time in US history.

Organizations: Service

☆ Democratic Sen. Joe Manchin says he will vote with Republicans to overturn Biden's student-debt relief plans, saying it 'forces hard-working taxpayers who already paid off their loans' to 'shoulder th
▼ + stars: | 2023-05-31 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +4 min

Following the procedural vote, Manchin released a statement of support for "overturning reckless student loan plan." Instead, we should be focusing on bipartisan student debt reforms that reduce the cost of higher education and help all Americans." "But make no mistake: voting for this CRA isn't just a vote against the President's student debt cancellation plan. And Schumer wrote on Twitter on Wednesday that "Senate Republicans talk a big game about helping working families. Sen. Bill Cassidy, one of the sponsors of the bill, wrote on Twitter that "Biden's so-called student debt "forgiveness plan" doesn't actually forgive or cancel the debt.

Persons: Democratic Sen, Joe Manchin, —, Joe Biden's, — Kyrsten Sinema, John Tester, Manchin —, Biden, Manchin, Chuck Schumer, Massachusetts Sen, Elizabeth Warren, Warren, It's, Schumer, Sen, Bill Cassidy, doesn't Organizations: Democratic, GOP, Service, Privacy, Republicans, Biden, Manchin, Massachusetts, Twitter

In 2017, with Mr. Connors’ help, Mr. Maichle started his own company, Precision Compliance Consulting. ‘Boss Man’Mr. Connors, Mr. Lewis and Mr. Maichle were all active in college conservative politics in Wisconsin about 15 years ago, when Mr. Connors was the leader of campus Republicans at Marquette University. Of that, about $102,000 went to Campaign Now, the firm started by Mr. Connors, and another $112,000 to companies where Mr. Connors, Mr. Maichle or Mr. Lewis was either the owner or a partner, tax records show. Most of the money — more than $4.4 million — went to fund-raising companies via tens of thousands of small payments. Most of the money — more than $4.4 million — went to fund-raising companies via tens of thousands of small payments.

☆ Here are stocks that win when inflation slows
▼ + stars: | 2023-05-10 | by ( Yun Li | ) www.cnbc.com time to read: +1 min

Inflation moderated a tad in April, and so stocks that win historically when inflation eases could be big winners ahead if that trend continues. The easing in inflation could give a boost to stocks that have historically tracked the opposite direction of rising prices, according to Bank of America analysis. The Wall Street firm created an "Anti-Inflation" screen with S & P 500 companies whose relative performance has a strong negative relationship — or beta — with inflation. Amazon is on the top of the list with the strongest negative relationship to inflation. Consumer staples should also benefit from easing inflation, including Clorox and Kroger , which have historically moved in opposite direction to inflation.

☆ The Coronation of King Charles: Order of Service
▼ + stars: | 2023-05-06 | by ( ) edition.cnn.com time to read: +46 min

The Archbishop saysI here present unto you King Charles, your undoubted King: Wherefore all you who are come this day to do your homage and service, are you willing to do the same? Christopher Finney GC saysI here present unto you King Charles, your undoubted King: Wherefore all you who are come this day to do your homage and service, are you willing to do the same? We praise thee, we bless thee,we worship thee, we glorify thee,we give thanks to thee for thy great glory,O Lord God, heavenly King, God the Father Almighty. O clap your hands together, all ye people;O sing unto God with the voice of melody. The King touches the Ring and the Archbishop saysReceive this Ring, symbol of kingly dignity and a sign of the covenant sworn this day, between God and King, King and people.

☆ Tucker Carlson seemed to have no idea he was hosting his last show on Fox News, and ended it by eating a sausage and pineapple pizza
▼ + stars: | 2023-04-24 | by ( Rebecca Harrington | ) www.businessinsider.com time to read: +2 min

The last "Tucker Carlson Tonight" episode aired on Fox News on Friday, April 21. Carlson's final show covered Hunter Biden, racist home appraisals, inclusive Mother's Day cards, and pizza. The Fox News host seemed to have no idea Friday would be his last time helming "Tucker Carlson Tonight." Carlson also spent time covering immigration, fentanyl, the casting of "Queen Cleopatra", inclusive Mother's Day cards, and the Pentagon leak. His final words on "Tucker Carlson Tonight" before digging into another bite of pizza were: "We'll be back on Monday.

☆ Is it a bull market or a bear market? Stocks churning in same spot for weeks frustrates investors
▼ + stars: | 2023-04-22 | by ( Michael Santoli | ) www.cnbc.com time to read: +7 min

Stocks have been churning in a narrow channel on low volume for weeks, the S & P 500 about flat on Friday, flat for the week and barely changed this month. Yet rather than finding comfort in the gentle action anchored to familiar price levels, investors are generally frustrated or confused by it. As Bespoke Investment Group summed it up after Friday's close, "For all the talk about whether we're in a new bull market or still stuck in a bear, at this point it seems like neither. All but one of the prior 13 instances saw the S & P 500 higher six and 12 months later (beyond the initial six-month period). This is an organic insulator of S & P 500 volatility.

☆ Health experts call for a ban on toxic 'forever chemicals' after EPA moves to cut them from tap water
▼ + stars: | 2023-03-18 | by ( Morgan Mcfall-Johnsen | Jessica Orwig | ) www.businessinsider.com time to read: +7 min

Toxic PFAS, aka "forever chemicals," are in water, food, furniture, and clothes across the US. The EPA's new proposal to limit the substances in drinking water is a step in the right direction. On Tuesday the US Environmental Protection Agency proposed strict limits on six per- and polyfluoroalkyl substances (PFAS) in drinking water. The chemicals are prolific in everyday human environments — in our water, food, air, and even the dust in our homes. That means more and more of them are getting into the environment — and drinking water — every day.

Hazardous "forever chemicals" called PFAS are in most Americans' blood, and they don't break down. One simple chart shows how long PFAS last in human bodies, compared to substances like caffeine or lead. Per- and polyfluoroalkyl substances (PFAS) are a class of thousands of human-made chemicals, which are likely in your food, water, clothes, and furniture. "Once they get into your body, they stick around for a really, really long time," Carmen Messerlian, an environmental epidemiologist who studies PFAS at Harvard's TH Chan School of Public Health, told Insider. That research tells us how long PFAS can linger in our blood, compared to toxic heavy metals or everyday substances like caffeine.

☆ EPA cracks down on 'forever chemicals' in tap water: What PFAS are, where they are, and why they're harmful
▼ + stars: | 2023-03-14 | by ( Morgan Mcfall-Johnsen | Jessica Orwig | ) www.businessinsider.com time to read: +9 min

The US Environmental Protection Agency just released a proposal for enforceable standards for six PFAS compounds in drinking water. The new EPA proposal would set the threshold for those two substances at 4 nanograms per liter of drinking water. It also proposes a "hazard index" to set a limit on the combined quantity of four other PFAS in drinking water: PFNA, GenX, PFBS, and PFHxS. Communities across the US have especially high PFAS contamination in their drinking water, often due to a nearby industrial or military facility. "You can't just regulate in drinking water, without addressing the other side," Sunderland said, adding that you have to "turn off the source."

☆ Top Fox News anchor says the company has banned coverage of the Dominion lawsuit that revealed how Tucker Carlson and other Fox stars privately dismissed election conspiracy theories while peddling th
▼ + stars: | 2023-02-27 | by ( Lloyd Lee | ) www.businessinsider.com time to read: +4 min

Internal messages show how Fox News anchors privately mocked 2020 election conspiracy theories. Dominion, an elections technology company, filed a defamation lawsuit against Fox News in March 2021, accusing the media company of spreading conspiracy theories that claimed Dominion helped rig the 2020 election results. "It's dangerously insane these conspiracy theories," Fox reporter Lucas Tomlinson said to Bret Baier, host of Special Report. A search through FoxNews.com turns up zero recent stories regarding the Dominion lawsuit. "That is an actual threat to democracy and it points up the core problem which is we're not really very serious about democracy if we're using electronic voting machines," Carlson said.

New York CNN —Andrews McMeel Universal, the company that syndicates “Dilbert,” said it is cutting ties with the comic strip’s creator, Scott Adams, after his racist remarks about Black Americans led hundreds of newspapers across the country to drop the satirical cartoon. The USA Today Network, which operates hundreds of newspapers, said it had pulled the plug on the long-running comic strip. The Washington Post and The Plain Dealer also in Cleveland said they would no longer carry the comic. “If nearly half of all Blacks are not OK with White people – according to this poll, not according to me, according to th is poll – that’s a hate group,” Adams said Wednesday on his YouTube show “Real Coffee with Scott Adams.”“I don’t want to have anything to do with them,” Adams added. “And I would say, based on the current way things are going, the best advice I would give to White people is to get the hell away from Black people, just get the f**k away … because there is no fixing this.”

☆ Hundreds of newspapers drop ‘Dilbert’ comic strip after racist tirade from creator Scott Adams
▼ + stars: | 2023-02-25 | by ( Oliver Darcy | ) edition.cnn.com time to read: +2 min

The USA Today Network, which operates hundreds of newspapers, said it had pulled the plug on the long-running comic strip. The move came after Scott Adams, the cartoonist behind “Dilbert,” effectively encouraged segregation in a shocking rant on YouTube. The newspapers that have cut the comic strip have been clear with readers. “Scott Adams, creator of the Dilbert comic strip, went on a racist rant this week … and we will no longer carry his comic strip in The Plain Dealer,” wrote Chris Quinn, editor of the paper. “In light of Scott Adams’s recent statements promoting segregation, The Washington Post has ceased publication of the Dilbert comic strip,” it said.

☆ Russians hung out with US Army soldiers at a weapons expo and played with the missiles killing Putin's tanks in Ukraine
▼ + stars: | 2023-02-24 | by ( Jake Epstein | ) www.businessinsider.com time to read: +3 min

US Army soldiers found themselves situated near Russian weapons contractors at an expo in Abu Dhabi. At one point, the Russians came over to the US booth and played with Javelins, a Breaking Defense report said. These weapons have been used by Ukraine to strike Russian tanks on the battlefield. At least one of the Russians even picked up a Javelin, an anti-tank missile system that the US military has sent to Ukraine and has been used to destroy Russian tanks. US and Russian troops crossed paths last October in Syria, where they shook hands, exchanged patches, and even posed for photographs together.

☆ Amazon, Wells Fargo, Microsoft, Nvidia are in the headlines. Here's our take on the news
▼ + stars: | 2023-02-22 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +6 min

Club holdings Amazon (AMZN), Wells Fargo (WFC) as well as Nvidia (NVDA) and Microsoft (MSFT) are in the news Wednesday. In buying tech-focused One Medical, Amazon has said the companies together can make visiting the doctor an easier and more convenient experience. The news: A pair of banking regulators are investigating record-keeping failures at Wells Fargo, according to the company's annual filing. Specifically, Wells Fargo said the probes from the Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC) are focused on "business communications sent over unapproved electronic messaging channels." The Club's take: This is new disclosure from Wells Fargo is not cause for concern.

☆ UBS likes these high-quality dividend stocks to weather a downturn
▼ + stars: | 2023-02-22 | by ( Fred Imbert | ) www.cnbc.com time to read: +2 min

UBS screened the S & P 1,500 for stocks that have a forward dividend of more than 2% and strong relative dividend growth expectations over the next six months. Here are eight stocks that made UBS' list. Discover Financial made the list, with a forward dividend of 2.2%. The name with the highest forward dividend yield on the list is billboard operator Lamar Advertising at 4.67%. Other names that made UBS' list include PepsiCo , Qualcomm , Broadcom , Ralph Lauren and ConocoPhillips .

☆ Sam Bankman Fried used a VPN, raising 'potential concerns' he may have accessed crypto exchanges or the dark web. His lawyers say he was just streaming the Super Bowl.
▼ + stars: | 2023-02-14 | by ( Pete Syme | ) www.businessinsider.com time to read: +3 min

On Monday, federal prosecutors raised concerns over Sam Bankman-Fried's use of a VPN on two occasions. They told the judge how VPNs could let him access international crypto exchanges or the dark web. Prosecutors also worried that VPNs would let him access international crypto exchanges or the dark web. Bankman-Fried's FTX was one of four crypto companies to have ads during last year's Super Bowl, but this year there were none. "The defense is prepared to adopt a reasonable bail condition that allays any concerns," Bankman-Fried's lawyers told the judge, adding that he won't use a VPN "in the interim."

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