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CNN —No Doubt performed their long-awaited reunion set at the Coachella music festival this weekend, bridging the gap between their ’90s roots and the festival’s young audience with help from Olivia Rodrigo. Saturday’s No Doubt performance marks the first time in roughly a decade that Stefani, Kanal, Dumont and Young played live together. 1 on the Billboard 200 chart at the time and spawned many hit songs, some of which they performed on the Coachella stage. In 2004, Stefani released her first solo album “Love. No Doubt is set to return to the Coachella stage once more during the festival’s second weekend.
Persons: Olivia Rodrigo, Gwen Stefani, Tony Kanal, Tom Dumont, Adrian Young, , Rodrigo, Stefani, Kanal, Young Organizations: CNN, Coachella, Dumont
The CNN Original Series “Space Shuttle Columbia: The Final Flight” uncovers the events that ultimately led to disaster. The tragedy killed seven astronauts as the Columbia shuttle disintegrated upon its return to Earth on February 1, 2003, due to damage the vehicle sustained during launch. Changes at NASA were necessary, according to a formal investigation about the Columbia disaster published six months after the accident. Cultural changes: ‘Safety days,’ review boards and round tablesColumbia marked the second deadly mishap for the shuttle program after the space shuttle Challenger exploded during launch in January 1986. Following the Columbia disaster, NASA grounded its remaining fleet of three shuttles as the space agency sought to parse what went wrong.
Persons: , , ” Wayne Hale, Rick D, Evelyn Husband, Bill Readdy, Bruce Weaver, Hale, ” Hale, Garrett Reisman, ” Reisman, Ilan Ramon, Reisman, , NASA didn’t, SpaceX’s, Kevin Dietsch Organizations: CNN, Shuttle Columbia, Sunday, Columbia, SpaceX, NASA, Space Shuttle Columbia, Kennedy Space Center, Getty, Endeavour, Atlantis, International Space, Elon, Boeing, Columbia —, Challenger, International Space Station, Vigilance, Locations: Russia, AFP, California, Israel, Columbia
LONDON — The Bank of England on Friday announced a "once in a generation" overhaul of its inflation forecasting following a long-awaited review by former Federal Reserve Chair Ben Bernanke. The review — initiated following criticism of the central bank's recent policymaking — sets out 12 recommendations which BoE Governor Andrew Bailey said the bank was committed to implementing. They include the scrapping of the Bank's long-held "fan chart" forecasting system and the introduction of a revamped forecast framework. It added that the BoE currently relies more heavily than other central banks on a central forecast, which may not fully account for wider risks or how inflation expectations can become "de-anchored." Additionally, the review said the bank needed to improve its communication with the public, suggesting the it put less emphasis on the central forecast, simplify its policy statement, and reduce repetitiveness."
Persons: Ben Bernanke, , BoE, Andrew Bailey, Bailey Organizations: Bank of England, City of, Federal, CNBC, Monetary, Bank Locations: City, City of London, United Kingdom, U.S
Beyonce leaves the Luar fashion show at 154 Scott in Brooklyn during New York Fashion Week on February 13, 2024 in New York City. The country fashion staple's sales surged more than 20% in the week after the music superstar released her "Cowboy Carter" album, according to consumer behavior firm Circana. "Cowboy Carter," which came out late last month, marked the "Halo" singer's foray into the country genre. Louis Vuitton unveiled an American Western line during Paris Fashion Week earlier this year, featuring models in everything from cowboy hats to bolo ties. Beyoncé's chart-topping album can provide a same-store sales boost and help lasso in women shoppers at Boot Barn , said Williams analyst Sam Poser.
Persons: Beyonce, Carter, Cowboy Carter, Circana, Louis Vuitton, Taylor Swift's, Williams, Sam Poser Organizations: Scott, New York, Paris Locations: Brooklyn, New, New York City, Beyoncé, American, California
A flagship stock like Nvidia (NVDA) takes a month-long breather and many investors want to throw in the towel on the uptrend and say enough is enough. The last time we spoke about NVDA was on Feb 21st just before the earnings report, while I was on a ski vacation. Turning down to the 195-minute chart (that is a half-day chart), we can fine tune our entry on this idea. I added a one-half position size to our short-term Active Opportunities portfolio with stops just below the $832 low. BEFORE MAKING ANY FINANCIAL DECISIONS, YOU SHOULD STRONGLY CONSIDER SEEKING ADVICE FROM YOUR OWN FINANCIAL OR INVESTMENT ADVISOR.
Persons: NVDA, it's, Elliott, Todd Gordon, Gordon Organizations: Nvidia, PPI, Inside Edge, Inside Edge Capital Management
Stock Chart Icon Stock chart icon Bitcoin (BTC), entering its fourth halving period next week. After the 2012, 2016 and 2020 halvings, the bitcoin price ran up about 93x, 30x and 8x, respectively, from its halving day price to its cycle top. The halving occurs when incentives for bitcoin miners are cut by half, as mandated by the code of the Bitcoin blockchain. Zoom In Icon Arrows pointing outwardsThat $30 million assumes a bitcoin price of about $70,000. Diminishing returns from halving to halving Bitcoin has always shot to the moon in the months following its halving – that's what makes it such a celebrated day among enthusiasts.
Persons: Yu Chun Christopher Wong, bitcoin, Antoni Trenchev, it's, Steven Lubka, Swan Bitcoin, Trenchev, Swan's Lubka, Lubka Organizations: S3studio, Wall, Swan, Miners
If you are racing to file taxes, you could miss another key deadline: the April 15 due date for first-quarter estimated tax payments. Estimated tax payments typically apply to earnings from gig economy work, freelancing, small business, retirement or investing, which may have no tax withholdings. If you expect to owe at least $1,000 in taxes, you must make your first-quarter estimated payment for 2024 by April 15. That can be "tricky" for certain tax filers with federal taxes due on the same day, according to certified public accountant Tom Wheelwright, CEO of WealthAbility. The 2024 payment due dates are April 15, June 17, Sept. 16 and Jan. 15, 2025.
Persons: Tom Wheelwright, Organizations: WealthAbility, Finance, Federal, IRS
Cramer's Lightning Round: Cummins is a buy
  + stars: | 2024-04-11 | by ( Julie Coleman | ) www.cnbc.com   time to read: +1 min
Stock Chart Icon Stock chart icon Cummins' year-to-date stock performance. Cummins : "I like Cummins very much, I think it's terrific [buy, buy, buy!]." Stock Chart Icon Stock chart icon PNC's year-to-date stock performance. [Buy, buy, buy!]." Stock Chart Icon Stock chart icon NIO's year-to-date stock performance.
Persons: Wes Edens, Cummins, Jim Cramer's Organizations: New Fortress Energy, Abbott Laboratories, Abbott Labs, PNC Locations: New
They scuttled House Speaker Mike Johnson’s plan to extend the FISA Section 702 program with minimal tweaks. It is true that the FBI obtained warrants through FISA to wiretap Carter Page, an adviser to Trump’s first presidential campaign. According to the National Security Agency, 60% of what appears in the Presidential Daily Brief has some data that comes from the 702 program. The 702 program has been updated in the years since its inception, including in 2018, to include new protections to minimize Americans’ communications from being accessed without a warrant. Additionally, these proposals would bar the government from sidestepping warrant requirements by simply buying the data of Americans from so-called data brokers.
Persons: CNN —, Donald Trump, , Mike Johnson’s, Carter, Trump’s, Trump, Read, Katie Bo Lillis, Johnson, Christopher Wray, , Leon Panetta Organizations: CNN, Foreign Intelligence, Trump, FISA, Republicans, FBI, Privacy, Civil, National Security Agency, Center for Justice, New York University, Brennan Center, Intelligence Community, National Intelligence, House, CIA, New Locations: Ukraine, Russia, Moscow, New York City
The e-mini futures contracts tied to the S & P 500 just posted their third negative "outside day" in the past eight sessions. Outside days happen when the range of a security's price sees higher highs and lower lows than it did the day before. The previous day's trading period should be smaller in range and should have closed higher. It also posted negative outside days on April 4 and April 1. Chart analysts are shrugging off the recent trio of outside down days, however, saying they don't threaten the longer-term up trend.
Persons: Tom Fitzpatrick, R.J, O'Brien, Ari Wald, Oppenheimer, Will Tamplin, Nick Wells
This week, ADBE flashed the dreaded "death cross" signal — a pattern that typically points to further downside — with the 50-day moving average crossing down through the 200-day moving average. Adobe created a classic double top pattern in January, when the stock retested the December 2023 high around $630 and failed to break above this resistance level. It's worth noting that the death cross observed this week happened only after the stock had established a clear downtrend of lower highs and lower lows. This support level, just below $500, aligns well with the September 2023 price low. Back in 2022, a similar death cross resulted in an additional 45% drop for Adobe before the eventual low was established.
Persons: ADBE, David Keller Organizations: Adobe, CMT
The idea involves slashing the corporate bureaucracy, giving employees more control, and, hopefully, as a result, allowing the company to innovate efficiently. This story is available exclusively to Business Insider subscribers. "We hire highly educated, trained people, and then we put them in these environments with rules and procedures and eight layers of hierarchy," Anderson said in an interview with Business Insider earlier this year. In a traditional corporate setting, the organizational chart flows upward: Lower-level employees have managers, those managers have managers, and so on until the top of the chain. In comes a key part of Anderson's proposal: Cut a big chunk of the middle managers and let employees choose the projects they want to pursue.
Persons: , Alka, Seltzer, Claritin, Bill Anderson, Anderson, It's, That's, Bayer, Nicholas Bloom, Bloom, — Bloom Organizations: Service, Bayer, Business, Street Journal, Monsanto, Stanford University, American Economic Locations: New Jersey
Y Combinator cofounder Paul Graham said there's one word in an email that hints it was written by AI. AdvertisementThe word "delve" has been getting a lot of attention online over the last few days. That's because Y Combinator founder Paul Graham said in a post on X (formerly Twitter) that using the word "delve" in an email pitch is a sign ChatGPT wrote it. The chart shows instances of "delve" used in articles like peer-reviewed journal papers and preprints from 1990 to 2024. According to AI Phrase Finder, which used a dataset of 50,000 ChatGPT responses, "delve" is in the top 10 words used by ChatGPT.
Persons: Paul Graham, , it's, Y, ChatGPT, 2i3GUgynuL — Paul Graham, @paulg, Graham isn't, Graham, Philip Shapira, Shapira Organizations: Service, Google
Cramer's Lightning Round: Trade Desk is 'great'
  + stars: | 2024-04-10 | by ( Julie Coleman | ) www.cnbc.com   time to read: +1 min
Stock Chart Icon Stock chart icon MarineMax's year-to-date stock performance. Stock Chart Icon Stock chart icon Trade Desk's year-to-date stock performance. Trade Desk : "I think Trade Desk is great." Stock Chart Icon Stock chart icon Geron's year-to-date stock performance. Stock Chart Icon Stock chart icon Archer Aviation's year-to-date stock performance.
Persons: It's, Peabody Energy's, we've, Archer Aviation's, it's Organizations: Peabody Energy, Archer Aviation, Uranium Energy
"The big rock in the way here is the cost of shelter," Zandi said. In fact, underlying inflation after stripping out shelter costs is already back to target, Zandi said. watch nowThe increase is largely attributable to higher oil prices. "For most Americans, the thing that bothers them the most about inflation is high food prices." Americans' buying patterns also simultaneously shifted away from services — like entertainment and travel — toward physical goods since they stayed at home more, driving up demand and fueling decades-high goods inflation.
Persons: Eric Thayer, That's, Mark Zandi, Zandi, It's, Hamrick, They're, Sarah House Organizations: Bloomberg, Getty, U.S . Labor Department, Moody's, of Labor Statistics, U.S, Energy Information Administration, BLS, Wells, Wells Fargo Economics Locations: U.S, Wells Fargo
Former Federal Reserve Board Chair Ben Bernanke speaks during a discussion on "Perspectives on Monetary Policy" during the Thomas Laubach Research Conference at the Federal Reserve Board building in Washington, DC, May 19, 2023. LONDON — The Bank of England will on Friday publish a long-awaited review by former Federal Reserve Chair Ben Bernanke that could lead to significant changes in its monetary policymaking. The review was launched last summer to assess the Bank's struggles to accurately project the huge global spike in inflation, following Russia's invasion of Ukraine. The first deals with how the Bank of England communicates uncertainty around its central forecasts. The "fan chart" is the Bank's long-held method of presenting the probability distribution that forms the basis of its inflation forecasts.
Persons: Ben Bernanke, BOE, Goldman Sachs, Bernanke, Goldman, Jari Stehn, James Moberly, Stehn Organizations: Federal Reserve, Thomas Laubach Research, Federal Reserve Board, LONDON, Bank of, Federal, MPC, Bank of England, Bank Locations: Washington , DC, Bank of England, Ukraine
The S & P 500 has been higher two weeks later all five times. The S & P 500 popped 1.1% on the day of the release. If this happens, it could finally infect the S & P 500, however. The first clue would be seeing the S & P 500 down two weeks after a CPI report. Ultimately, the S & P 500 can pull back to the 4,800 zone and remain above the breakout zone.
Persons: we've, , hasn't, , We'll Organizations: Treasury
Her book “My Black Country: A Journey Through ” Country Music’s Past, Present and Future,” was published this month. I hear Black moonshiners and Black cowboys, Black nature lovers and Black ghosts, Black angels, Black freedom fighters, gunslingers and Black shotgun riders. It could start a groundswell of long overdue recognition of the overlooked Black country legends and hope for the Black country stars of the future. But for Black performers in particular, it offers a seat, at long last, at a gathering of the country music family. As I write in “My Black Country,” “I have imagined Black country and country to be born as an art form, as an aesthetic, in the year 1624 near Jamestown, Virginia.
Persons: Alice Randall, who’s, , I’ve, Alice Randall Keren Trevino, Matraca Berg, Beyoncé’s, Carter, she’s, White, , Jolene, Cowboy Carter, Ronald Reagan, George H.W, George H.W . Bush, Sen, Ted Kennedy, Roy Acuff, DeFord Bailey, Ole Opry’s, jumpstart Acuff’s, Anna Gordy, Berry Gordy, Marvin Gaye, Anna, Anna Gordy —, Detroit, Carter ”, Linda Martell, Rumi Carter, Jay Z, Blue Ivy, Sir, Rumi, Mike Blake, Dolly Parton, Willie Nelson, Miley Cyrus, Billy Ray Cyrus, Beyoncé, Cowboy Carter ”, ” Beyoncé, William Tucker, Stoney Edwards Organizations: CNN, Country Music Association, DAR, Blacks, Motown Records, Anna Records, Grand Ole Opry, Reuters, America, Eagle Locations: Nashville, Washington , DC, George H.W ., Detroit, Los Angeles, Black, European, Jamestown , Virginia, America, It’s
CNN —Robert Downey Jr. was unfazed by Jimmy Kimmel’s joke about his past drug use at this year’s Oscars. As Kimmel hosted, he made a joke about Downey Jr. being at “one of the highest points” of his career. “I don’t care,” Downey Jr. told Esquire. “Everybody loves the simple narrative of somehow I came in and turned his life around and blah, blah, blah,” she said. So was I.”The couple are the executive producers of the upcoming seven-episode HBO series “The Sympathizer,” in which Downey Jr. stars.
Persons: CNN — Robert Downey Jr, Jimmy Kimmel’s, Oppenheimer, Kimmel, Downey, , ” Downey, Jimmy Kimmel, Susan Downey, , he’s Organizations: CNN, HBO, Warner Bros .
Read previewWhen Brittney Spencer woke up on Monday morning, she had no idea she would hit a major career milestone. This story is available exclusively to Business Insider subscribers. "That wasn't even on my radar," she told Business Insider of her top-40 debut, adding with a laugh, "My life has been very random." AdvertisementAlthough "My Stupid Life" contains the most explicitly personal lyricism of her career, Spencer has a knack for speaking her own dreams into existence — if not always intentionally. (Morris sang backup on Spencer's album highlight "Night In," while McEntire took Spencer on tour in 2022.)
Persons: , Brittney Spencer, Parker McCollum, Spencer's, Beyoncé, Spencer, Carter, Tiera Kennedy, Reyna Roberts, Tanner Adell, they've, I'm, Queen Bey, Maren, Whitney, Maren Morris, Reba McEntire, Morris, McEntire, Queen Latifah, John Shearer, I've, She's, she'll, Bob Dylan, Willie Nelson, Cowboy Carter Organizations: Service, CMT, Business, Twitter, Stagecoach, Outlaw Locations: Nashville, Instagram
Cramer's Lightning Round: Medtronic is a buy
  + stars: | 2024-04-09 | by ( Julie Coleman | ) www.cnbc.com   time to read: 1 min
Stock Chart Icon Stock chart icon Medtronic's year-to-date stock performance. Medtronic : "I think that Medtronic is a buy...I like what they're doing in AI. Stock Chart Icon Stock chart icon Riley Exploration Permian's year-to-date stock performance. Stock Chart Icon Stock chart icon Wesco's year-to-date stock performance. Stock Chart Icon Stock chart icon Cleveland-Cliffs' year-to-date stock performance.
Persons: You've, Riley, it's Organizations: Riley, Cliffs Locations: Cleveland
The remote landscapes of La Huasteca Potosina – part of the larger La Huasteca region spanning multiple states – include vast desert, lush mountains and rainforest nooks with turquoise rivers and waterfalls. Renting a car in the city of San Luis Potosí provides the most flexibility for visitors to chart their own paths through the state’s La Huasteca region. Corazón de Xoconostle and Auténtico San Luis both offer customized excursions from the city. Or maybe a night in the cozy town of Tamasopo on the western edge of La Huasteca Potosina. The city of San Luis Potosi is worth exploring and is a jumping-off point for a trip to La Huasteca to the east.
Persons: San Luis Potosí, Corazón de, Luna, Media Luna –, Don Juan Merendero, Juvencio Martínez Flores, Erich Schlegel, Luna wasn’t, , Saul Martínez Ramírez, Martínez, Puente, Puente de Dios, Dios, Mexico’s, parakeets, Miguel Galarraga, Corazon de Xoconostle, Mark Johanson, Estela Martínez, , Elena Nilova, Salvador Dali, Edward James, James, Dali, , Tilda Swinton, La Huasteca, Costanza Organizations: CNN, , Hotel Media Luna, Chicago Tribune, San, Edward James Sculpture, Getty, W Magazine, La Locations: San Luis, Mexican, Madre, La, Mexico, San, Huasteca, Luis, Ciudad Valles, Media, It’s, Rioverde, Media Luna, , Dios, Tamasopo, Puente, Plop, las, Xilitla, Estela Martínez Santiago, San Isidro, Aquismón, Chicago, Sótano, Salvador, there’s, Mexico City, San Luis Potosi, Barrios, El, La Paz
Kendrick Lamar responded to Drake with a new diss track, "Euphoria," as their beef rages on. AdvertisementKendrick Lamar has taken aim at Drake for a second time with his new diss track, "Euphoria," amid the hip-hop heavyweights' feud. Advertisement"He doesn't have the heart for the lying, disrespect, and animosity it requires to make an effective diss track," Pierre wrote. A 'Drake' diss track appears online – but fans are wary it's AI-generated. Later in the track, Drake references Cole's diss track and apology.
Persons: Kendrick Lamar, Drake, Lamar, Taylor, , Lamar dissed Drake, J, Cole, Rick Ross, Cole —, he's, Joseph Okpako, WireImage Lamar, Jermaine Cole, Big, Wale, Pusha, Meek Millz, Big Sean, Jay, Tyler, Mac Miller, Kunta, Lamar hasn't, Meek, Getty, Tim Mosenfelder, Aubrey, Muhammad Ali, Michael Jackson, Jackson, Prince, Mike Jack, Prince . Prince, Organizations: Metro Boomin, Service, Future, Metro, HBO, Wireless, Lamar, Big, Rocky, Rap Locations: Lamar, Canadian, Florida
Beyoncé’s genre-bending “Cowboy Carter” has become her eighth No. 1 album, opening with the biggest sales of any release so far this year. “Cowboy Carter,” billed as “Act II” of a trilogy that began with Beyoncé’s dance-oriented album “Renaissance” almost two years ago, had been expected by fans, and the music industry at large, as primarily a country project. “Cowboy Carter” arrives with the equivalent of 407,000 sales in the United States, and in addition to topping the all-genre Billboard 200 chart it is also No. Of its composite total sales figure, “Cowboy Carter” sold 168,000 copies as a complete album, including 62,000 on vinyl versions sold through Beyoncé’s website.
Persons: Carter ”, “ Cowboy Carter, , Dolly Parton’s, Jolene, Nancy Sinatra, Chuck Berry, Cowboy Carter ” Organizations: Metro Boomin Locations: United States
CNN —Beyoncé may have proclaimed that her latest project “ain’t a country album,” but someone forgot to tell the charts that. 1 on the Top Country Albums chart with her “Act II: Cowboy Carter,” according to Billboard. The accomplishment comes at a time where there has been debate over the fact that Beyoncé herself is not a country music artist. If the argument is made that Bey lacks the country music pedigree, how about two of the genre’s biggest stars? lang have also found acceptance in the country music space.
Persons: CNN —, Cowboy Carter, , Beyoncé, Bey, Mathew Knowles, Tina Knowles, Keith Urban, Shania Twain Getty, That’s, Shania Twain, Twain, Carter, , Queen Bey Organizations: CNN, Billboard, Country Music Association, Urban Locations: Texas, Houston , Texas, American, Alabama, Mama , Louisiana, Gadsden , Alabama, Galveston , Texas, Louisiana, Australia, Canada
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