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For more on the effort to oust House Speaker Mike Johnson from his job and the fight over Ukraine aid, watch “Inside Politics Sunday with Manu Raju” at 8 a.m. “”The speaker wants to put wins on the board for House Republicans, and we better start doing that. But whether or not Johnson keeps his speaker’s gavel may hinge on how he handles the next divisive policy issue coming down the pike: funding for Ukraine in its war against Russia. Over the two-week Easter recess, Johnson has been quietly working with key lieutenants to chart a course on his Ukraine strategy. “It was a terrible deal.”Democrats are signaling that they will save Johnson if he moves a Ukraine bill they can support.
Persons: Mike Johnson, Manu Raju ”, Mike Johnson strategized, Matt Gaetz, Gaetz, , we’ve, ” Gaetz, … I’m, Johnson, Marjorie Taylor Greene, Johnson don’t, Greene, Kevin McCarthy, , Mike, , Chip Roy, Texas, Roy, Anna Moneymaker, Thomas Massie of, ” Massie, Bob Good, McCarthy, She’s grandstanding, ” Good, Good, Ralph Norman of, Andrew Clyde of Georgia, Drew Angerer, Hakeem Jeffries, there’s, Haley Talbot, Sheden Tesfaldet Organizations: CNN, House Republicans, Ukraine, Russia, GOP, won’t, Republican, Republicans, U.S, Capitol, Caucus, Locations: Ukraine, Florida, Johnson’s, Georgia, Washington , DC, Thomas Massie of Kentucky, Virginia, America, Ralph Norman of South Carolina, Washington ,
For Chipotle, it's the first stock split in the company's 30-year history, and its announcement echoed Walmart's. Both are hoping, through the availability of an employee stock purchase plan and financial education, they'll get more workers to invest. Chipotle, even further out on the market chart, has shares nearing $3,000 — its stock split is to be effective June 26. ESPP versus fractional sharesEven without a stock split, employees could have already purchased shares of their company, or at least fractional shares, through a brokerage account. Company stock and financial educationSplitting a stock and having a generous ESPP can only go so far when it comes to encouraging employees to buy the company stock.
Persons: they'll, Michael Kestenbaum, Chipotle, Dan Kapinos, Clemens Kownatzki, Aalap Shah, Pearl Meyer, SoFi, Kownatzki, Larry Fink, Kestenbaum Organizations: Walmart, Companies, West Coast, Google, Pepperdine Graziadio Business, Khan Academy, Lyra Health Partners, Bank of America, Employees Locations: Aon
And Beyoncé’s bold, brilliant new album “Act II: Cowboy Carter,” which dropped Friday, is no exception to those musical roots. Roxanne Jones CNNIt was from Africa that the banjo, the signature instrument of country music, arrived on our nation’s shores. For a brief time in the 1960s and 1970s, Black country music artists received some commercial success and recognition. And, though he’s in the Country Music Hall of Fame today, Bailey was never recognized for his countless contributions to the genre. And by this measure, I’d say Beyoncé’s second act, “Cowboy Carter,” is indeed classic country music.
Persons: Roxanne Jones, Jones, , Cowboy Carter, Roxanne Jones CNN, There’d, Beyonce, Alice Randall, , ” Randall, Linda Martell, Martell, Ray Charles ’, Charley Pride, DeFord Bailey, mistreating Bailey, ” Bailey, Bailey, Uncle Wilbur, Patsy Cline, Ray Charles, Dolly Parton, Bey Organizations: ESPN The Magazine, ESPN, New York Daily News, Philadelphia Inquirer, CNN, NPR, Grand Ole Opry, Country Music Hall of Fame Locations: Africa, America, Texas, Beyoncé, Nashville , Tennessee
According to Bank of America, valuation levels explain 80% of the market's return over a 10-year period. Bank of AmericaThere are many ways to measure valuation levels in the overall market. Hussman says it's the most accurate indicator of future market returns that he's found. AdvertisementThe Conference BoardThird, the number of US states with a rising unemployment rate is spiking, meaning that the overall unemployment rate should see further upside. BullAndBearProfits.comThe US unemployment rate is already on a slight uptrend, having climbed from 3.4% in April 2023 to 3.9% as of February.
Persons: , Jon Wolfenbarger, Merrill Lynch, John Hussman's, he's, Warren Buffett, Wolfenbarger, Stocks, Woflenbarger, Cam Harvey, Claudia Sahm, Louis Fed, Jeremy Grantham, John Hussman, David Rosenberg, Goldman Sachs, David Kostin, America's Savita Subramanian, Ian Shepherdson, Shepherdson Organizations: Service, Bank of America, Business, JPMorgan, National Federation of Independent Business, Board, Treasury, Bank, America's
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Before I share how I survived my 15-hour flight, I have to let you in on my personal Q2 challenge: I'm determined to eat less ultra-processed foods. Now the city has reimagined itself as a tourist destination, with a waterpark, an artificial beach, and a golf course. According to one estimate, Americans actually have about four to six hours of leisure time every day. AdvertisementSee the full listMore of this week's top reads:The Insider Today team: Joi-Marie McKenzie, editor-in-chief, in New York.
Persons: , you'll, Let's, Greta Gerwig's, Barbie, Jenny Chang, Rodriguez, Marielle, Marielle Descalsota, Daniel Chaney, Alexa Campbell, Henry Ammann, Alyssa Powell, Beyoncé, Carter, Buckle, Tanner Adell, who's, Javier Zayas, there's, Tyler Le, Ewan McGregor's, Lisa Frankenstein, Zelda Williams, Robin Williams, Joi, Marie McKenzie, Jordan Parker Erb, Dan DeFrancesco, Lisa Ryan Organizations: Service, Business, Canberra Airport, Getty, Art Basel, BI, Visa, Mastercard —, Mastercard Forest City, Paramount, Netflix Locations: Hong Kong, Australia, Johor, Malaysia's Forest, Forest City, Texas, Moscow, New York
CNN —Vanessa Carlton took some time to celebrate professional hockey player John Carlson who plays for the Washington Capitals over the weekend, in honor of his achievement of playing 1,000 league games. The Grammy-nominated singer-songwriter appeared on the National Hockey League team’s X page Saturday morning, in a video performing her 2002 hit song “A Thousand Miles” with updated lyrics in recognition of Carlson – who is known affectionately as “Carly” to fans. In the clip, Carlton sits at the piano and keys out the famous notes of her millennial ballad, singing about Carlson’s 2018 Stanley Cup win and his “shot like thunder.”At the end of her performance, Carlton congratulates Carlson on his 1,000-game feat and cheers “Go Caps!” in a moment of hockey fan appreciation. Washington Capitals defenseman John Carlson celebrates after scoring a goal against the Winnipeg Jets during the third period at Capital One Arena in Washington, DC on March 24. It also received three Grammy Award nominations including record and song of the year.
Persons: Vanessa Carlton, John Carlson, , Carlson –, Carly ”, Carlton, Carlson, , Amber Searls, Miles ”, Stone, ” Carlson Organizations: CNN, Washington Capitals, National Hockey League, Stanley, Winnipeg Jets, Capital, USA, Sports, Reuters, Capitals, Carlton, NHL, Boston Bruins Locations: Washington , DC
Andrew Slimmon, a senior portfolio manager at Morgan Stanley Investment Management, says we're still in the early stages of an economic recovery from 2022's earnings recession and the bear market that followed. Slimmon oversees the US and global long-equity strategies, portfolios that aren't biased toward any one area such as growth or value stocks. And in this environment, value stocks are expected to outperform dramatically, he said. Below is a Morgan Stanley equities chart demonstrating where value stocks trade relative to their fair value. They haven't fully sold off and remain expensive relative to the market, he noted.
Persons: Andrew Slimmon, we're, Slimmon, Morgan, it's Organizations: Morgan Stanley Investment Management, Business, US, Morgan Stanley, Morgan Stanley Investment
Welcome to the Jess Bidgood Era
  + stars: | 2024-03-29 | by ( Lisa Lerer | ) www.nytimes.com   time to read: 1 min
I’m so pleased to tell you that after a long and exhaustive search, we have found our next newsletter writer, Jess Bidgood. Jess is new to this newsletter but not to The New York Times. And Jess is just the right person to chart us through this uncharted territory. She has a keen eye for character, endless curiosity about the country and a wonderful sense of humor. After that, you’ll find her in your inbox three times a week — Monday, Wednesday and Friday.
Persons: Jess Bidgood, Jess, Chris Sununu, She’ll, you’ll Organizations: New York Times, Gov Locations: Boston, New Hampshire
Just one week later, it topped the Hot 100, even though some country radio stations initially refused to play it. Many Black artists creating country music have already seen major boosts in streaming numbers. "There are a lot of Black people who love country music, that have been afraid to say that they love country music, even afraid to make country music." Ice breakers: In the six weeks since Beyoncé dropped the two lead singles from "Cowboy Carter," Shaboozey has felt a palpable uptick in attention surrounding Black country artists. Listen to a roundup of key tracks by Black country artists on Business Insider's Spotify.
Persons: Lil Nas, Beyoncé, Carter, It's, she's, Pablo, Don, gatekeepers, Billboard's Kyle Denis, Cowboy Carter, Tanner Adell, Chase Foster, Tanner, Adell, Josh Turner, Shania Twain, Texas, doesn't, Queen Bey, Buckle, Luke Combs, Daniel Prakopcyk, Shaboozey, Collins Chibueze, Southern, Marty Robbins, Woody Guthrie, I've, Kashus Culpepper, Buffalo Kin, Valerie June, Brittany Howard, Breland, Henry Ammann, Nelly, Tim McGraw, Daniel Gerard Breland, Nashville darlings, Thomas Rhett, Keith Urban, Blanco Brown, Blanco, Brown, Tim McGraw's, he's, He's, Tiera Kennedy, Alexa Campbell, Tiera, Kennedy, Dolly Parton, Johnny Cash, who've Organizations: Chicks, Business, Dallas Cowboys, Buffalo, BI, Nashville, LaFace Records, Buffalo Wild Wings, Spotify Locations: Texas, Houston, Nashville, Kentucky, California, Wyoming, Church, Star Valley , Wyoming, Plano, Beverly, Virginia, America, New Jersey, Atlanta, Butler , Georgia, Alabama
AdvertisementWhile Netflix's "3 Body Problem" is a science-fiction show, its name comes from a real math problem that's puzzled scientists since the late 1600s. In physics, the three-body problem refers to the motion of three bodies trapped in each other's gravitational grip — like a three-star system. The three-body problem is over 300 years oldThe three-body problem dates back to Isaac Newton, who published his "Principia" in 1687. Can you solve the three-body problem? Though the three-body problem is considered mathematically unsolvable, there are solutions to specific scenarios.
Persons: Isaac Newton, , that's, Shane Ross, it's, Ross, Newton, Georgios Kollidas, Henri Poincaré, Yu Guming, Tseng, Maria Heras Organizations: Service, Virginia Tech, Netflix Locations: Swedish
Alaska Air shares just getting started Alaska Air Group has recently broken above a key resistance level and could represent a compelling option for investors searching for stocks earlier on in their uptrends. Alaska remained below that retracement level as well as a declining 200-day moving average until this week. Now we're seeing ALK power above $42 with an initial upside target at the 61.8% retracement level around $47. The momentum characteristics are consistent with bullish phases, with Alaska becoming overbought this week after a quick rise. While overbought conditions could indicate a short-term pullback in the coming weeks, we're inclined to assume this uptrend could be just getting started.
Persons: we've, — David Keller Organizations: Nasdaq, US Global Jets ETF, JETS, Alaska Air Group, Alaska Air, CMT Locations: Alaska
Cramer's Lightning Round: Leidos is a winner
  + stars: | 2024-03-28 | by ( Julie Coleman | ) www.cnbc.com   time to read: +1 min
Stock Chart Icon Stock chart icon Core & Main's year-to-date stock performance. Stock Chart Icon Stock chart icon Pfizer's year-to-date stock performance. Stock Chart Icon Stock chart icon SFL's year-to-date stock performance. Stock Chart Icon Stock chart icon Leidos' year-to-date stock performance. Stock Chart Icon Stock chart icon KLA's year-to-date stock performance.
Persons: it's, They've, Leidos, that's, Mike Wirth's, I'm, It's Organizations: Pfizer, Chevron
“Rhythm and blues and country music are the most parallel types of music,” Singleton has been quoted as saying. “Country music tells a story,” Martell told Rolling Stone. And while Martell recalls receiving two standing ovations that night, the road to country music success was far from smooth. A place in historyMartell’s story may have languished in history were it not for both her country music family and her biological one. “Minority, women and marginalized artists deserve to play on a level playing field in the country music industry,” Thompson told The Tennessean last year.
Persons: CNN — Beyoncé’s, Cowboy Carter ”, Linda Martell, , Beyoncé, , Martell, Thelma Bynem, “ You’d, William “ Duke ” Rayner, Shelby Singleton Jr, ” Singleton, Singleton, ” Martell, Rolling, Jeannie C, Riley, BlackHistoryMonth Martell, Mickey Guyton, Rolling Stone, ” Guyton, “ I’ve, I’ve, , Marquia Thompson, ” Thompson, ” Beyoncé Organizations: CNN, Rolling Stone, Grand Ole Opry, SSS, Records, Country Blues, Tennessean Locations: Texas, South Carolina, Harper, Singleton
It was born out of an experience I had years ago where I did not feel welcomed…and it was very clear that I wasn't," Beyoncé wrote in a recent Instagram post. She was likely referring to a 2016 performance of her first country song, "Daddy Lessons," at the annual Country Music Awards. !," one user on social media platform X posted. Instead of letting those opinions deter her, Beyoncé spent five years crafting her country album, she wrote. "Because of that experience, I did a deeper dive into the history of country music and studied our rich musical archive," she wrote.
Persons: Cowboy Carter, wasn't, Beyoncé, @DixieChicks Organizations: The Chicks, Dixie Locations: Texas
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailPro Talks: Katie Stockton on the one stock with a more explosive chart than NvidiaCNBC Pro Talks features one-on-one interviews with Wall Street's top investors, smartest traders and rising stars. CNBC's Dominic Chu finds out what makes them tick, what makes them money, and how you can follow in their footsteps. CNBC Pro Talks is a monthly interview series that's part of CNBC's premium subscription service, CNBC Pro. To hear the full Pro Talk interview—including specific stock picks and investment strategies—listeners can subscribe to cnbc.com/protalks.
Persons: Katie Stockton, Wall, CNBC's Dominic Chu Organizations: Nvidia CNBC, CNBC, CNBC Pro
Moderna has more to offer beyond its Covid vaccine. The update brings Moderna a step closer to having multiple products on the market, which it badly needs amid plunging demand for Covid shots worldwide. Moderna will chart its post-Covid future Wednesday during its fifth annual "Vaccines Day," an investor event in Boston focused on the company's vaccine portfolio. That includes its combination vaccine against Covid and the flu and a shot against another common herpes virus called cytomegalovirus, or CMV. It also includes a new and improved version of Moderna's Covid shot.
Persons: norovirus, Barr, Moderna, Blackstone, Stéphane Bancel Organizations: Moderna, Epstein, Covid, Blackstone Life Sciences, Blackstone Group Locations: Boston, U.S
But following more than a year of erratic behavior from Cathie Wood's flagship vehicle, the ARK Innovation Fund appears to be forming a basing pattern that could herald a breakout ahead. Bullish pattern developing However, the ETF deserves our attention from a technical perspective since it could be getting closer to breaking out of a two-year basing pattern. And as the chart shows, this has prompted a second bullish formation to be constructed – a big cup and handle pattern. If a breakout through the two-year base does occur, the odds suggest that it will get traders' attention once again. If nothing else, it's important to understand what you're investing in, especially a very active ETF like ARKK.
Persons: ARKK, That's, Price, Tesla, It's Organizations: Innovation, Google, VanEck Semiconductor, Coinbase Locations: ARKK
With semiconductor stocks losing momentum over the past few weeks, Intel's strength is starting to show some cracks and at risk of a pullback. Ever since, Intel (INTC) has been playing catch-up, and early last year, investors started to pay attention and boost the shares. The momentum turning negative, coupled with the poor relative strength, suggests INTC could be headed for some further downside towards its $37 breakout level. This leads to risks to the downside as relative strength and momentum slows for INTC. BEFORE MAKING ANY FINANCIAL DECISIONS, YOU SHOULD STRONGLY CONSIDER SEEKING ADVICE FROM YOUR OWN FINANCIAL OR INVESTMENT ADVISOR.
Persons: INTC Organizations: Intel, AMD Locations: China
Stock Chart Icon Stock chart icon Archer Aviation's year-to-date stock performance. Archer Aviation : "I can't recommend that stock because it just has no earnings power...There's so many good stocks right now, we don't need that." Stock Chart Icon Stock chart icon Robinhood's year-to-date stock performance. Stock Chart Icon Stock chart icon Cummins' year-to-date stock performance. Stock Chart Icon Stock chart icon Crown Castle's year-to-date stock performance.
Persons: Archer Aviation's, Cummins Organizations: Archer Aviation, Greyhound, Cummins
This ritual, epitomized by high-profile engagements — such as Apple CEO Tim Cook's effusive overtures and statements of commitments to China — signals that American corporate titans think the strategy can still work. Tim Cook's narrative of China as "critical" to Apple , coupled with his admiration for the country's advanced manufacturing capabilities, embodies the ethos of this engagement playbook. Apple's Chief Executive Officer Tim Cook attends the China Development Forum in Beijing on March 24, 2024. It's not that the Apple CEO is doing anything wrong. Chinese Apple superfans jostled to enter the smartphone maker's newest store as it opened on March 21 night.
Persons: Tim Cook's, Tim Cook, Pedro Pardo, Jim McNerney, Xi Jinping's, Mark Zuckerberg, Deirdre O'Brien, Strstr, Xi, Xi Jinping, Li Qiang Organizations: Apple, American, titans, U.S, Apple's, China Development Forum, AFP, Getty, Boeing, Airbus, Volkswagen, Qualcomm, Google, Facebook, Huawei, Afp Locations: China, Beijing, Weibo, Shanghai
However, as the chart below shows, one-bedroom apartments were 0.5% cheaper than they were last year while two-bedroom places were 0.8% more expensive. 15 cities where rent is decliningApartments across the country generally got more expensive in March, Zumper's report found, though there are some notable exceptions. Two-thirds of the top-100 US real estate markets had higher rent compared to last month while 19 cities were flat, Zumper researchers noted. However, more than a dozen metropolitan areas — many of which were in the Southwest or South regions — actually became cheaper to rent in. Along with each are its month-over-month and year-over-year rent changes, average rent price, and national rent ranking among the largest 100 cities in the US.
Persons: shouldn't, PqameYEcoP — James Faris, @JamesFaris_, it's, Anthemos Georgiades, there's, Zumper, Zumper's Organizations: Business, Zumper, CPI Locations: Realtor.com, Southwest
It will be the last total solar eclipse visible in the contiguous U.S. until 2044. When Is the Total Solar Eclipse? What Time Will the Total Solar Eclipse Begin and How Long Will It Last? The total solar eclipse provides an opportunity to study the sun’s corona, or the outermost part of its atmosphere. Is the Total Solar Eclipse Expected to Boost the Economy?
Persons: Bill Nelson, They've, , Pam Melroy, , ” Melroy, Melroy Organizations: NASA, roosters, Eclipse, ” NASA, American Astronomical Society, Perryman Locations: North America, U.S, Mexico, Canada, Newfoundland, Tennessee, Michigan, Texas
This technical indicator is known as a "golden cross," when a stock's 50-day moving average (DMA) crosses over its 200-day moving average. Investors view a golden cross as a bullish indicator of positive momentum continuing into the longer term. Two of the following three names in the S & P 500 about to form a golden cross pattern are oil companies. The other oil company close to forming a golden cross is Occidental Petroleum . Two-thirds of those covering the company rate it a hold, and the average price target implies upside potential of about 4%.
Organizations: Energy, Exxon Mobil, Exxon, Chevron, Occidental Petroleum, Occidental Locations: Guyana, Occidental
Cramer's Lightning Round: Huntington Ingalls is a winner
  + stars: | 2024-03-26 | by ( Julie Coleman | ) www.cnbc.com   time to read: +1 min
Stock Chart Icon Stock chart icon State Street's year-to-date stock performance. Stock Chart Icon Stock chart icon Visa's year-to-date stock performance. Stock Chart Icon Stock chart icon Huntington Ingalls' year-to-date stock performance. Stock Chart Icon Stock chart icon Chart Industries' year-to-date stock performance. Stock Chart Icon Stock chart icon AECOM's year-to-date stock performance.
Persons: Morgan Stanley, Huntington Ingalls, I've, It's, We're, Jim Cramer's Organizations: Visa, Industries Locations: Wells Fargo
President Joe Biden's support and approval polls have improved in recent weeks. AdvertisementDemocratic President Joe Biden's performance in polls is improving, and just in time for the struggling incumbent. Decision Desk HQ, a leading elections data organization, said Monday morning that Biden's approval rating is at the "highest point" in its average of polls over the last five months, with 44% average approval based on 1,150 separate polls. Related storiesBiden's current average approval rating isn't his peak over the last year, DDHQ's data shows. Biden's average approval rating is rising DDHQ/The HillA close inspection of The Hill/DDHQ's chart shows Biden's approval reached its lowest point with 38.5% average approval on March 2, a little less than a month after then-US Special Counsel Robert Hur released a report that said the president had a "poor memory."
Persons: Joe Biden's, He's, , Donald Trump, Robert Hur, Hur, Biden Organizations: Trump, Service, Democratic, Biden, Bloomberg News, Bloomberg, Republican, Representatives Locations: New York, — Wisconsin, Nevada, Arizona
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