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☆ Pennsylvania wants student-loan borrowers in the state to take on less debt. Here's how.
▼ + stars: | 2024-02-07 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +4 min

Josh Shapiro unveiled a plan to overhaul higher education in the state. AdvertisementPennsylvania's governor has a plan to make higher education more affordable — and prevent the state's residents from taking on unaffordable debt. Along with proposals for those continued investments, Shapiro also put forth a $975 million proposal to overhaul the higher education system in the state. AdvertisementOther states are taking similar approaches to address higher education affordability. Since federal student-loan payments resumed in October after an over three-year pause, the Education Department announced a range of plans to get relief to borrowers who took on debt for higher education.

Persons: Josh Shapiro, —, Shapiro, Shapiro's, " Shapiro, Joan Gabel, Jared Polis Organizations: Service, University of Pittsburgh, Pitt, Colorado Gov, Education Department Locations: Pennsylvania

☆ Cramer's Lightning Round: Taiwan Semiconductor is a 'great company'
▼ + stars: | 2024-02-07 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

Stock Chart Icon Stock chart icon Digital World Acquisition's year-to-date stock performance. Stock Chart Icon Stock chart icon Taiwan Semiconductor's year-to-date stock performance. Stock Chart Icon Stock chart icon Celestica's year-to-date stock performance. Stock Chart Icon Stock chart icon PDD Holdings' year-to-date stock performance. Stock Chart Icon Stock chart icon Comfort Systems USA's year-to-date stock performance.

Organizations: Taiwan Semiconductor, PDD Holdings, Systems, Comfort Systems Locations: Taiwan

DETROIT (AP) — Henry Fambrough, the last surviving original member of the iconic R&B group The Spinners, whose hits included “It’s a Shame,” “Could It Be I’m Falling in Love" and “The Rubberband Man,” died Wednesday, a spokesperson for the group said. Fambrough died peacefully of natural causes in his northern Virginia home, spokesperson Tanisha Jackson said in a statement. Along with Fambrough, Billy Henderson, Pervis Jackson, Bobby Smith, Philippé Wynne and John Edwards were listed as inductees. It “was a long time ago,” Fambrough said at the time of the 1960s, when he first walked into the studio. The Spinners joined Motown Records 10 years later.

Persons: — Henry Fambrough, “, ”, Fambrough, Tanisha Jackson, Billy Henderson, Pervis Jackson, Bobby Smith, Philippé Wynne, John Edwards, ” Fambrough, Dionne Warwick, Norma, Heather Williams Organizations: DETROIT, Roll Hall of Fame, Motown Museum, Motown, Atlantic Records, The Spinners, Motown Records Locations: Virginia, Detroit, Ferndale

☆ Linde shares pop as industrial gas giant underpromises and over-delivers — again
▼ + stars: | 2024-02-06 | by ( Zev Fima | ) www.cnbc.com time to read: +6 min

We expect another year of strong earnings growth from this best-of-breed industrial stock. Quarterly results As we can see in the chart below, this was an all-around strong quarter for Linde. In APAC (27.6% of sales), growth was led by end markets in chemicals, energy, and manufacturing. Updated expectations are for a mild recovery in a few end markets in China for the first half of 2024. EMEA (29.3% of sales) showed growth across all "resilient" end markets, which Linde defines as more consumer-related (healthcare, food and beverage, and electronics), while industrial end markets (manufacturing, chemicals and energy, and metals and mining) lagged.

Persons: Linde, shouldn't, —, haven't, We'll, Jim Cramer's, Jim Cramer, Jim Organizations: Linde, LIN, EMEA, Electronics, CNBC, Tanks, Bloomberg, Getty Locations: Americas, Africa, APAC, Asia, China

☆ Chart Master: Bearish bets on Nike
▼ + stars: | 2024-02-06 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailChart Master: Bearish bets on NikeCarter Worth, Worth Charting, joins 'Fast Money' to talk his take on Nike.

Persons: Nike Carter Worth Organizations: Nike Locations: Nike Carter

☆ Missed the Nvidia gravy train? Here's an AI catch-up trade
▼ + stars: | 2024-02-06 | by ( Nishant Pant | ) www.cnbc.com time to read: +3 min

While the Nvidia (NVDA) gravy train may seem to have left the station for many, Qualcomm (QCOM) remains a compelling alternative for investors hungry to participate in the AI revolution. While specifics about Windows 12 remain murky, the integration of AI-specific features hints at a significant focus on AI hardware. This aligns well with Qualcomm's Snapdragon platform, which is already primed for AI integration and extends into various industries. To go bullish on QCOM, the trade structure I have used here is called a "bull call spread". The goal here is to ride the wave of optimism as NVDA's earnings approach and close the trade before the earnings event.

Persons: Cristiano Amon, QCOM, NVDA, Nishant Pant Organizations: Nvidia, Qualcomm, Windows Locations: QCOM

KANSAS CITY, Mo. Now, Witt will be doing those things in Kansas City for the foreseeable future. We want you in Kansas City forever.’ So it was special to see all that support and all of that love." The Royals’ previous record contract was a four-year, $82 million deal given to All-Star catcher Salvador Perez. Those deals will not only help Kansas City compete in a wide open AL Central but were important to Witt's negotiation.

Persons: John Sherman, David Glass, Bobby Witt, Sherman, Witt, Joe DiMaggio, Mickey Mantle, ” Sherman, “ It's, ”, ” Witt, Patrick Mahomes, “, Salvador Perez, Hunter Renfroe, Brandon Frazier, J.J, Picollo, Bobby, ” Picollo, John Organizations: KANSAS CITY, — Royals, Royals, Kauffman, Kansas City, ” Royals Locations: KANSAS, Mo, Arizona, Kansas City, “, Kansas, Jackson County , Missouri

☆ Chart of the Day: KWEB up 6% today
▼ + stars: | 2024-02-06 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailChart of the Day: KWEB up 6% todayJosh Brown, CEO of Ritholtz Wealth Management, joins CNBC's 'Halftime Report' to explain why his 2024 Contrarian play is doing so well this year.

Persons: Josh Brown Organizations: Ritholtz Wealth Management

☆ Why this self-made millionaire never touches her debit card—it's 'in a drawer'
▼ + stars: | 2024-02-06 | by ( Cheyenne Devon | ) www.cnbc.com time to read: +3 min

She makes sure to pay her credit card bills in full and on time each month to avoid costly interest charges. She racks up rewardsOne of Dunlap's favorite perks of only using credit cards for payment is rewards points. It boosts her credit scoreConsistently using your credit card and paying off your bills on time can help boost your credit score, Dunlap says. Since your payment history accounts for 35% of how your credit score is calculated, making on-time payments "benefits your credit score more than any other single factor," according to Experian. How to decide if only using credit cards may work for you

Persons: Tori Dunlap's, Dunlap Organizations: New York Times, CNBC Locations: Seattle, Paris

☆ Where Has Tracy Chapman Been?
▼ + stars: | 2024-02-06 | by ( Ben Sisario | Heather Knight | ) www.nytimes.com time to read: +1 min

Despite some scattered performances on television and at awards shows, Chapman, 59, has remained almost entirely absent from the music world in recent years, having released her last studio album in 2008 and done her last tour in 2009. Since she first emerged in the late 1980s, she has always been known as a reclusive and private figure. But I am bit shy.”The acclaim for her Grammys performance — Taylor Swift could be seen singing along in the crowd — was a sign of how beloved Chapman remains. Combs’s note-for-note cover of “Fast Car” went to No. 2 on Billboard’s pop singles chart last year, and after the Grammys, Chapman’s original began shooting up iTunes’s download chart.

Persons: Tracy Chapman’s, Luke Combs —, Chapman, “, ”, — Taylor Swift, Chapman’s Organizations: Irish Times

☆ Wait for a pullback to buy this rallying streaming play, according to the charts
▼ + stars: | 2024-02-06 | by ( Todd Gordon | ) www.cnbc.com time to read: +3 min

There's a streaming play continuing its comeback on Tuesday, but the charts suggest investors may want to wait before buying more. SPOT 5Y mountain Spotify, 5-years On Tuesday, SPOT reported a loss, but showed its user base was expanding and that the company is improving operating efficiency. Analysts were expecting an additional 8.9 million new subscribers, but it added 10 million to bring the total paying user base to 236 million worldwide. THIS CONTENT IS PROVIDED FOR INFORMATIONAL PURPOSES ONLY AND DOES NOT CONSITUTE FINANCIAL, INVESTMENT, TAX OR LEGAL ADVICE OR A RECOMMENDATION TO BUY ANY SECURITY OR OTHER FINANCIAL ASSET. BEFORE MAKING ANY FINANCIAL DECISIONS, YOU SHOULD STRONGLY CONSIDER SEEKING ADVICE FROM YOUR OWN FINANCIAL OR INVESTMENT ADVISOR.

Persons: I've, Gordon, AMZN Organizations: Spotify, Alpha, CNBC Pro, Netflix

☆ How to reduce — or avoid — airline fees for checked bags
▼ + stars: | 2024-02-06 | by ( Greg Iacurci | ) www.cnbc.com time to read: +6 min

A checked bag is one stored in a plane's cargo hold during a flight. While that service was free in years past, it's now standard for major airlines to charge for checked bags, experts said. Today, it's about double: $30 to $35 for one checked bag, Nastro said. The carrier allows two free checked bags. Buy a luggage scale, lightweight bagsBuying and using a luggage scale before traveling can help travelers avoid surprise fees at the airport due to exceeding a weight limit on checked bags.

Persons: it's, Katy Nastro, Nastro, Eric Napoli, Daniel Garrido, Emirates —, Aiden Higgins, Higgins, Napoli Organizations: Major U.S, Bureau, Transportation, Finance, Airlines — Qatar Airways, Etihad Airways, Emirates, Air, Napoli, Spirit Airlines Locations: Major, U.S, New York, Los Angeles

Elsewhere, Goldman Sachs reiterated a buy rating on Nvidia and raised its price target on the high-flying semiconductor maker. Yet his price target sits at $225, implying an upside of 19.7% as he sees opportunity elsewhere. "Anyone pulling up a chart of UBER share price performance in 2023 will think, 'That's a scary chart. Analyst Sarah James upgraded the insurer to overweight from neutral and hiked her price target o $372 from $334. — Alex Harring 5:42 a.m.: Goldman hikes Nvidia price target Things continue to look up for Nvidia , according to Goldman Sachs.

Persons: Goldman Sachs, Piper Sandler, Alexander Potter, Potter, Tesla, Alex Harring, Bernstein, Uber, Nikhil Devnani, Devnani, — Alex Harring, Keith Horowitz, Horowitz, Cantor Fitzgerald Cigna, Cantor Fitzgerald, Sarah James, James, Ben Hendrix, Hendrix, Christopher Horvers, Horvers, Barbie, Goldman, FY4Q, Toshiya Hari, Fred Imbert Organizations: CNBC, JPMorgan, Mattel, Nvidia, Citi, Investors, Citizens, Financial, New York Community Bancorp, Aozora, T Bank, RBC Capital, Warner Bros, Golden Globes, Microsoft Locations: California, New, Friday's

NEW YORK (AP) — A day after Taylor Swift made music history at the Grammy Awards, a band formed long before she was born made their own history: The Grateful Dead have broken the record for the most Top 40 albums to chart on the Billboard 200. The Grateful Dead pulled out ahead of Elvis Presley and Frank Sinatra with 59 total Top 40 entries on the chart Monday following the No. 25 debut of their archival release “Dave’s Picks, Volume 49: Frost Amphitheatre, Stanford U., Palo Alto, CA (4/27/85 & 4/28/85).” Elvis and Sinatra are stuck at 58 albums apiece. It's a remarkable run, made even more special since the group disbanded following the death of Jerry Garcia in 1995. Forty-one of the band's 59 entries in the Top 40 have happened since 2012, thanks to the popularity of the series of archival albums compiled by David Lemieux.

Persons: Taylor Swift, Elvis Presley, Frank Sinatra, Dave’s, Stanford U, Elvis, Sinatra, Jerry Garcia, David Lemieux, Lemieux Organizations: Stanford Locations: Palo Alto , CA, New York City

☆ Opinion: The Grammys honored Tracy Chapman the way we should have all along
▼ + stars: | 2024-02-05 | by ( Opinion Allison Hope | ) edition.cnn.com time to read: +5 min

CNN —The music scales tipped towards justice Sunday night as veteran singer-songwriter Tracy Chapman at long last received a standing ovation decades in the making for her performance of “Fast Car” at the 2024 Grammy Awards. Chapman shared the stage with country star Luke Combs, whose cover of “Fast Car” went to No. 1 on the Country Airplay chart (making Chapman the first Black woman to top the chart since its advent in 1990). At the end of the performance, Combs turned and bowed to Chapman, the ultimate sign of respect before the world stage. By acknowledging Chapman’s artistry, Combs and the Grammys honored her in precisely the way we should have all along.

Persons: Allison Hope, Read, Tracy Chapman, Chapman, Luke Combs, Allison Hope Combs, Chris Stapleton, it’s, Combs, ”, I’ve, “ Organizations: New Yorker, The New York Times, Washington Post, CNN, Slate, Billboard’s, Chapman Locations: New

☆ Shares of this restaurant chain are forming a long-term turnaround, according to the charts
▼ + stars: | 2024-02-05 | by ( Katie Stockton | ) www.cnbc.com time to read: +6 min

—Katie Stockton with Will Tamplin Access research from Fairlead Strategies for free here . Fairlead Strategies Disclaimer: This communication has been prepared by Fairlead Strategies LLC ("Fairlead Strategies") for informational purposes only. Securities, investment products, other financial products or strategies discussed herein may not be suitable for all investors. The recipient of this information must make its own independent decisions regarding any securities, investment products or other financial products mentioned herein. This material is not to be reproduced or redistributed absent the written consent of Fairlead Strategies.

Persons: Dave, Katie Stockton Organizations: Buster's Entertainment, Fairlead, CNBC Pro, Securities

☆ Cramer's Lightning Round: 'Hold off' on Kroger
▼ + stars: | 2024-02-05 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

Stock Chart Icon Stock chart icon AST SpaceMobile's year-to-date stock performance. Stock Chart Icon Stock chart icon GSK's year-to-date stock performnace. Stock Chart Icon Stock chart icon Kroger's year-to-date stock performance. Stock Chart Icon Stock chart icon Parker-Hannifin's year-to-date stock performance. Stock Chart Icon Stock chart icon BigCommerce's year-to-date stock performance.

Persons: It's, Parker Organizations: Icahn Enterprises, GSK, Kroger

☆ Tracy Chapman performs ‘Fast Car’ with Luke Combs in heartfelt Grammys moment
▼ + stars: | 2024-02-04 | by ( Alli Rosenbloom | ) edition.cnn.com time to read: +2 min

CNN —Tracy Chapman made a highly anticipated appearance during Sunday’s Grammy Awards to perform her 1988 hit song “Fast Car” with country star Luke Combs. Chapman played her acoustic guitar as the pair performed a duet of the iconic song that saw a resurgence in popularity since Combs released a cover in July. Combs earned a Grammy nod for best country solo performance for his version of “Fast Car.”Known for being notoriously private, Chapman has stayed largely out of the spotlight even as “Fast Car” rose in popularity throughout last year thanks to Combs’ cover. Chapman, who is the sole writer of “Fast Car,” also reached No. Combs and Chapman both won CMA awards in November for the song, with Chapman’s individual win coming 35 years after the song’s debut.

Persons: CNN — Tracy Chapman, Luke Combs, Chapman, Combs, ”, Oprah Winfrey, Seth Meyers Organizations: CNN, Billboard’s, CMA

☆ A software consultant who also day trades stocks gained 805% in 2023. He shares a chart indicator he uses to trade volatile small-cap and penny stocks.
▼ + stars: | 2024-02-03 | by ( Laila Maidan | ) www.businessinsider.com time to read: +8 min

After a few years of attempting to swing trade, Gajjala searched for an approach where he could feel more in control of his trades. For this trade, Gajjala has less time for analysis and needs to execute within the first and second bull flags. The red circle in the chart below demonstrates what a bull flag pullback looks like on a chart. Bull flag pullback chart pattern. By the time he did notice it, it had begun to form the second bull flag pattern.

Persons: Goverdhan Gajjala, Mark Minervini, Gajjala, hadn't, Norman Zadeh, Zadeh Organizations: Business, Nextplay Technologies, Bionomics Ltd

☆ Here are 3 ways the labor market is showing concerning deterioration underneath strong headline numbers — meaning a recession and stock-market sell-off could sneak up on investors
▼ + stars: | 2024-02-03 | by ( William Edwards | ) www.businessinsider.com time to read: +6 min

Read previewThe labor market smashed expectations in January, adding 353,000 new jobs, far above economist forecasts of 187,000. Despite the strong headline number, however, there are signs that the job market is deteriorating beneath the surface. For one, the Bureau of Labor Statistics' household survey is showing some divergence from its payroll survey. "High labor and credit costs are beginning to materially impact corporate profits, which impacts both the labor market and (eventually) the default rate." Still, while there are signs of weakening, there are also signs of improvement in the labor market.

Persons: —, Jeff Schulze, today's, Shulze, Louis Fed, Lance Roberts, Ian Shepherdson, Lauren Goodwin Organizations: Service, Federal Reserve, Business, of Labor Statistics, BLS, of Labor, ClearBridge Investments, RIA Advisors, National Federation of Independent Business, Pantheon, Bank of America's Global, New York Life Investments, ClearBridge

lydia polgreenSure, but a few things — one thing that was elided in a lot of the discourse about men falling behind really, really, really under emphasized or just ignored the racial component of it. I just don’t — I don’t —ross douthatYeah, there were like five. That’s a really, really, really big shift. Are women going to pay a disproportionate price for childbearing in terms of their economic potential? But I think — Ross wrote a column about just how freaking weird the bizarre conspiracy theories about Taylor and Travis are.

Persons: ross douthat, polgreen, polgreen Oh, — ross douthat, Carlos Lozada, lydia polgreen I’m, Carlos Lazada, ross, michelle cottle, Lozada, lydia polgreen, Jimmy Carter, — ross, Jimmy Carter lusted, michelle cottle Oh, Jimmy, I’m Michelle Cottle, ross douthat I’m Ross Douthat, Lydia Polgreen, lydia polgreen Hoo, Carlos, Gen, topsy turvy, Ronald Reagan, Ross, Bill Clinton, Michelle, — michelle cottle, there’s, John Burn, Murdoch, Lydia, it’s, —, Taylor Swift, I’m, It’s, Roe, Let’s, Let’s —, That’s, I’ve, Andrew Tates, who’s, you’re, We’re, Don’t, we’ve, ” I’m, Trump, — Trump, michelle cottle It’s, Brett Kavanaugh, they’re, let’s, don’t, he’s, ross douthat It’s, michelle cottle Let’s, michelle cottle That’s, couldn’t, Jesus, that’s, michelle cottle We’ve, Taylor, — michelle cottle Travis Kelce, lydia polgreen Travis, — Ross, Travis, Marjorie Taylor Greene, Rush Limbaugh’s feminazis, lydia polgreen Feminazis, michelle cottle There’s, michelle cottle You’re, michelle cottle I’ll, lydia polgreen —, we’re, — michelle cottle Partypalooza, sleepovers, — michelle cottle Ah, lydia polgreen Congrats Organizations: New York, Goldwater Republicans, Bill Clinton Democrats, Democrat, Republicans, Confederation, YouTube, Trump, Public Religion Research Institute, South Korea —, Pinterest Locations: American, US, Germany, United Kingdom, South Korea, Poland, Mars, United States, America, France, Korea, Northeast Asia, Africa, Mozambique, Saharan Africa, Europe, New York City, Manhattan

☆ Here's where the jobs are for January 2024 — in one chart
▼ + stars: | 2024-02-02 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: +1 min

The hiring was led by health care and social assistance, which added more than 100,000 jobs. If you include private education in that category, as some economists do, that total jumps to 112,000 jobs. The U.S. labor market continues to surprise economists and Wall Street with its resilience, as broad job gains in January led to employment growth of 353,000 . Health care job growth was boosted by 33,000 net hires in ambulatory health services and 20,000 in hospitals, according to the Bureau of Labor Statistics. Manufacturing employment jumped by 23,000 jobs after seeing little growth last year.

Persons: Julia Pollak, ZipRecruiter Organizations: Health, Bureau of Labor Statistics, BLS Locations: U.S

☆ Megan Thee Stallion and Warner Music Group sign 'innovative' new agreement that enables her to stay independent while working with the company's resources
▼ + stars: | 2024-02-02 | by ( John Lynch | ) www.businessinsider.com time to read: +4 min

Read previewMegan Thee Stallion and Warner Music Group (WMG) signed a new agreement on Friday, Business Insider has learned. In this agreement, the three-time, Grammy-winning artist will release music through Hot Girl Productions — her independent music and entertainment entity — and simultaneously work with Warner Music and its international affiliates. AdvertisementFollowing the settlement, Megan released two independent singles, "Cobra" and "Hiss," the latter of which stands at No. "This new chapter with Warner Music Group will shift the landscape in the music industry and empower other independent artists to follow in her footsteps and claim their power. It's also a testament to Max's ability to reimagine the relationships that major music companies can engage in with independent artists."

Persons: —, Megan Thee, Megan, Hiss, Max Lousada, Jay, Meg, Desiree Perez, It's Organizations: Service, Megan Thee Stallion, Warner Music Group, Houston, Business, Warner Music, Entertainment, Apple Music's, WMG, Warner

At the center of that growth are newer genres of Afrobeats — the renowned blend of distinct West African music styles — and amapiano, which fuses South African kwaito with African jazz, house music and soulful vocals. The 2022 track became the first led by an African artist to hit 1 billion Spotify streams and has the record for the most weeks — 64 — spent on Billboard’s Pop Airplay chart. And some tracks meld the genres under the African music umbrella. That reach is particularly interesting considering that African music is produced for its people, embodying all aspects of their lives from their culture and experiences to their struggles, LeriQ says. The continent leads mobile device web traffic in the world, according to the U.S. International Trade Administration, translating to more market opportunities for artists.

Persons: ”, Burna Boy’s, Rema’s, Selena Gomez, —, Joey Akan, ‘, Burna, ’, Musa Keys, Boy, Istanbul's, Rema, Davido, Tina Davis, Olamide's, Angélique Kidjo, LeriQ, Nay, Mitego, Chika Anene, gatekeepers, Eric Wainaina, G’bemi Ereku, Nigeria —, Jhello, ” ___ Mureithi, Maria Sherman Organizations: FIFA, International Federation of, Phonographic Industry's, Spotify, Afrobeats Intelligence, UEFA Champions League, Pew Research, U.S . International Trade Administration, United, Afro Nation, AP Locations: ABUJA, Nigeria, Nigerian, Saharan Africa, African, South Africa, Africa, Tanzania, Abuja, Kenyan, Lagos, United States, Statista, Nairobi, Kenya, Johannesburg, Los Angeles

☆ Cramer's Lightning Round: SLB is a buy
▼ + stars: | 2024-02-01 | by ( Julie Coleman | ) www.cnbc.com time to read: 1 min

Stock Chart Icon Stock chart icon Chewy's year-to-date stock performance. Stock Chart Icon Stock chart icon JetBlue's year-to-date stock performance. JetBlue : "These are airline stocks, and the airline stocks should have been making a lot more money, and I'm not going to start inventing reasons why we should own them. Stock Chart Icon Stock chart icon Home Depot's year-to-date stock performance. Stock Chart Icon Stock chart icon SLB's year-to-date stock performance.

Persons: I'm, it's Organizations: JetBlue

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