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☆ Inflation report shows market could have a 'recipe for disaster' heading into new year, says economist
▼ + stars: | 2024-11-13 | by ( Sarah Min | ) www.cnbc.com time to read: +2 min

So far on Wednesday, the stock market was largely ignoring the morning's inflation report because the main CPI reading was as economists expected. But a look deeper into the report spells trouble for a stock market — and president-elect — that are going to want the Federal Reserve to keep cutting rates throughout next year to keep fueling the bull market. However, in recent months, policymakers have focused more on the headline number, saying shelter costs, which have an outsized influence on core CPI, will come down. But core inflation has remained unusually stubborn, suggesting the Fed may have to hold rates higher than investors were previously anticipating. Core CPI showed a third straight monthly increase of 0.3%, bringing the annual rate to 3.3%.

Persons: Chris Rupkey, Jerome Powell, Rupkey, Donald Trump, —, Jeff Cox Organizations: Federal Reserve, Fed, White, Washington , D.C Locations: Washington ,

☆ Super Micro's $50 billion stock collapse underscores risk of AI hype
▼ + stars: | 2024-10-31 | by ( Ari Levy | ) www.cnbc.com time to read: +7 min

Super Micro is one of the primary vendors for building out Nvidia-based clusters of servers for training and deploying AI models. Super Micro is now at risk of being delisted from the Nasdaq, and has until Nov. 16 to regain compliance with the stock exchange. Ernst & Young was new to the job, having just replaced Deloitte & Touche as Super Micro's accounting firm in March 2023. Since the S&P's announced index changes in March, Super Micro's stock has dropped at least 10% on six separate occasions. — CNBC's Rohan Goswami and Kif Leswing contributed to this report WATCH: Super Micro stock is a 'very risky buy'

Persons: Ernst & Young, Deloitte didn't, hasn't, P's, Dow Jones, Kevin Barry, Barry, —, Rohan Goswami, Kif Leswing Organizations: Computer Inc, Bloomberg, Getty, Micro, Nvidia, Ernst, Nasdaq, Mizuho, Deloitte, Touche, CNBC, Ernst & Young, Dell, SEC, Super, Hindenburg Research, Super Micro, U.S, U.S . Super, Whirlpool, P Global Locations: San Jose , California, U.S, That's, U.S .

☆ How the stock market is likely to react to the election outcome
▼ + stars: | 2024-10-29 | by ( Sarah Min | ) www.cnbc.com time to read: +5 min

The SPDR S & P Regional Banking ETF (KRE) has jumped nearly 5% since the fourth quarter began on Oct. 1, while the S & P 500 is ahead a little more than 1%. In the event of a Trump win but with a divided Congress, the S & P 500 is likely to remain flat in the days following the election, Emanuel wrote. Evercore ISI expects the S & P 500 falling in the 10 days after the election, to roughly 5,700, as markets re-price their expectations. 3Fourteen Research co-founder Pies expects a Harris win would translate into a drop in cyclical and small-cap stocks, and spur investors to turn to high-quality tech names. However, a Harris win, with a split Congress, is an outcome that could spur a drop in the S & P 500 immediately after the election, down to about 5,525, according to Evercore ISI.

Persons: Stocks, Donald Trump, Kamala Harris, Mike Mullaney, Trump, Harris, Julian Emanuel, Warren, CNBC's, Emanuel, Evercore, Jeff Schulze, Evercore ISI's Emanuel Organizations: U.S, Nasdaq, NBC, Boston Partners, Treasury, Trump, Republican, Regional Banking, Evercore ISI, 3Fourteen Research, Democratic, ClearBridge Investments, ISI

☆ Qualcomm has good reasons to bid for Intel — but a takeover probably won't happen
▼ + stars: | 2024-09-23 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +6 min

Read previewIf Qualcomm sees it through, its takeover bid of Intel would likely be the biggest in Silicon Valley history. The possibility of Intel handing its 56-year history over to a younger rival emerged last week after several reports said that California-based semiconductor firm Qualcomm had made a takeover approach. That said, not everyone is convinced that Qualcomm needs Intel — or that a buyout would be a good idea for either company. My industry survey also indicates that Qualcomm is currently in takeover talks with Intel. A Qualcomm bid for Intel could face similar regulatory obstacles to the takeover attempt Nvidia made for Arm in 2020 and later abandoned in 2022.

Persons: —, Qualcomm's, Pat Gelsinger, Patrick Moorhead, Richard Windsor, Chi Kuo, 錤, Qualcomm Organizations: Service, Qualcomm, Intel, Business, Nvidia, Financial Times, CNBC, Amazon Web, Intel Foundry, Radio Free Mobile, International Securities, Microsoft, Bloomberg Locations: Silicon Valley, California, Europe, Taiwan

☆ Howie Cohen, Whose Alka-Seltzer Ads Spawned Catchphrases, Dies at 81
▼ + stars: | 2024-08-09 | by ( Sam Roberts | ) www.nytimes.com time to read: 1 min

Howie Cohen, an advertising copywriter, often said he was congenitally familiar with indigestion. So perhaps it was only natural that in the 1970s, he, along with an ad agency colleague, would conjure up a catchy slogan that would not only sell more Alka-Seltzer but also become an American pop culture punchline: “I can’t believe I ate the whole thing.”That bedside lament, spoken by the comedian and dialectician Milt Moss — he actually said that thing on camera — vaulted from a 30-second TV commercial to sweatshirts, supermarket windows and even church marquees. It proved even more popular than “Try it, you’ll like it,” the first catchphrase for Alka-Seltzer that Mr. Cohen coined with his business partner, Bob Pasqualina, an art director at the Manhattan agency Wells Rich Greene.

Persons: Howie Cohen, Seltzer, dialectician Milt Moss —, Alka, Cohen, Bob Pasqualina, Wells Rich Greene Locations: American, Manhattan

☆ Baking soda water: The benefits and risks of this health trend
▼ + stars: | 2024-08-09 | by ( Kristen Rogers | ) edition.cnn.com time to read: +10 min

However, just because baking soda is produced from natural ingredients doesn’t mean it’s safe to ingest without regulation, she added. The primary way baking soda could be helpful for issues such as acid reflux is by neutralizing acid. There has also been some evidence to suggest baking soda may also slow the progression of kidney disease. Fitness studies have typically dosed within the range of 0.2 to 0.5 grams of baking soda per kilogram of body weight — meaning a person weighing about 59 kilograms, or 130 pounds, might use around a tablespoon of baking soda at a minimum. Baking soda supplementation isn’t the only way to alleviate acid-induced health problems.

Persons: they’ve, ”, Frances Largeman, Roth, ” Largeman, Grace Derocha, Derocha, Tamara Hew, Butler, ” Hew, Paul O’Connor, we’ve, ” O’Connor, “, O’Connor Organizations: CNN, Academy of Nutrition, Wayne State University, International Society of Sports Nutrition, Medical College of Georgia, Augusta University, American, of Medicine Locations: Detroit, Georgia

☆ A woman gave herself poop transplants using her brother's feces to treat debilitating IBS. Then she started getting acne just like him.
▼ + stars: | 2024-05-14 | by ( Kim Schewitz | ) www.businessinsider.com time to read: +7 min

A man in his mid-30s with Crohn's disease did DIY poop transplants using his mom as a donor for years. They appeared to ease his gut symptoms, but he experienced menopause symptoms such as sweating, hot flashes, and mood swings, similar to his menopausal mom. Experts in the documentary warned against trying poop transplants at home because there is a risk of transferring bad microbes and susceptibility to all kinds of diseases. After she made the switch, her acne went away, but this time, she experienced depression symptoms. AdvertisementWhen Koepke once again switched back to her brother's poop transplants, the depression went away within a week, she said.

Persons: —, Daniell Koepke, Koepke, Thomas Borody, Guilia Enders, who's, Enders, Jack Gilbert, Gilbert, FMTs Organizations: Service, Netflix, Business, US Food and Drug Administration, Digestive Diseases, UC San Diego Locations: Sydney, Australia

☆ Why Fewer Factories in India Are Making Black Salt This Way
▼ + stars: | 2024-02-16 | by ( Nikita Grant | Teresa Zhang | ) www.businessinsider.com time to read: 1 min

It takes a full day working in temperatures up to 1,000 degrees Celsius to make one batch of Himalayan black salt, or kala namak. The salt was once used as a medicine to treat indigestion. Today, it's a staple in South Asian cuisine, and it's known for its unique eggy and umami taste. But the long and dangerous process of making it has pushed people away from the craft. This story is available exclusively to Business Insider subscribers.

Organizations: Business Locations: Asian

☆ The stock market has cooled off to start 2024, but it's still checking most of the bull market boxes
▼ + stars: | 2024-01-13 | by ( Michael Santoli | ) www.cnbc.com time to read: +8 min

The small-cap Russell 2000 has dropped close to 4% against a fractional gain in the S & P 500 year to date. In broad terms, the S & P 500 could retreat to 4600 or so – about 4% down from here – and still be in a routine technical check-back to its latest launch point in early December. Todd Sohn of Strategas notes that the Invesco S & P 500 Equal Weight ETF (RSP) saw inflows go vertical last year to $13.5 billion, 30% above its prior 12-month record. Betting on 'peacetime' Fed cuts Right or wrong, the market debate right now can never get far before turning into a Fed-policy-path discussion. Last week's CPI and PPI data added to the market's collective conviction that inflation's downside momentum is strong, opening the way for "peacetime" Fed rate cuts.

Persons: that's, Russell, Ned Davis, Tim Hayes, Tony Pasquariello, Goldman Sachs, Henry McVey, KKR's, McVey, Morgan Stanley, Todd Sohn, Strategas, they're, Jerome Powell Organizations: Ned Davis Research, Goldman, Nasdaq, Apple, CPI, PPI Locations: U.S

☆ I took psyllium husk, a cheap fiber supplement that eases indigestion and constipation. I was amazed by how quickly it helped.
▼ + stars: | 2023-12-05 | by ( Rachel Hosie | ) www.businessinsider.com time to read: +6 min

Psyllium husk is a cheap fiber supplement that can boost gut health and aid digestive issues. I took psyllium husk for three weeks and was shocked by how big an impact it had and how fast it worked. My digestive symptoms settled down in week twoIn my second week of taking psyllium husk, everything settled down a bit. The texture of psyllium husk was too hard to overcomeIt's been a couple of weeks since I stopped taking psyllium husk and my body has returned to its previous state. I definitely think I was benefitting from taking psyllium husk, so I still plan on finding a way to incorporate it into my diet.

Persons: —, Kate Hull, Emily Porter, Porter, Rachel Hosie, constipated, It's, I'm Organizations: Service, Business Locations: South Asia

☆ A railway worker was unfairly fired after accidentally drinking tea with cocaine in it, but won't get any compensation, a tribunal ruled
▼ + stars: | 2023-11-21 | by ( Sawdah Bhaimiya | ) www.businessinsider.com time to read: +3 min

A railway worker was dismissed after he tested positive for cocaine in a routine drug test. He had been drinking a herbal tea he bought from a market, which he later found contained cocaine. AdvertisementA British railway worker fired for a positive drug test was unfairly dismissed, a tribunal ruled, after he argued that he had drunk herbal tea infused with cocaine. Inca Tea, also known as mate tea or coca tea, is a South American herbal tea, which contains the same active ingredient as cocaine. After researching the product, he told the tribunal that he came to realize it contained cocaine.

Persons: wouldn't, —, Paul Glenholmes, Glenholmes, indigestion Organizations: Service, Network Rail, Tribunal, Midland East Tribunal Locations: Midlands, South America

☆ How Dogs Help Us Lead Longer, Healthier Lives
▼ + stars: | 2023-11-10 | by ( Jen Golbeck | Stacey Colino | ) www.wsj.com time to read: +1 min

Dogs seem to make us healthier than we would be without them. Social psychologist Bruce Headey conducted a survey of Australian dog-owners and found that they take fewer trips to the doctor and sleep better than non-dog-owners. It’s not that dog-owners are naturally healthier; bringing a dog into your life somehow brings these benefits along. James Serpell, a professor of animal ethics at the University of Pennsylvania, conducted a study in the U.K. that followed pet owners through the 10 months after they adopted their pet. Their scores on measures of general health also improved, and dog-owners increased their physical activity considerably.

Persons: Bruce Headey, James Serpell Organizations: University of Pennsylvania

☆ I compared breakfast at Taco Bell and McDonald's. The Golden Arches should be worried.
▼ + stars: | 2023-11-07 | by ( Nancy Luna | ) www.businessinsider.com time to read: +2 min

Taco Bell is stepping up its breakfast game to compete with McDonald's. But lately, fast-food chains such as Wendy's and Taco Bell have demonstrated that they want to steal breakfast customers from McDonald's. So I decided to put the breakfast menus of McDonald's and Taco Bell to the test. McDonald's and Taco Bell have more than a dozen breakfast items on their menus. Taco Bell leans into burritos and breakfast wraps, while the McDonald's menu is heavy on breakfast sandwiches.

Persons: Taco Bell, —, McDonald's, Wendy's, Mark King, King, I'm, Keith Organizations: Taco Bell's, Service, Egg, Taco Locations: McDonald's

☆ Popeyes just ousted KFC as the second-biggest fried chicken chain. After a visit to both, I can see why it's superior to the Colonel's greasy, frozen dinner-inspired food.
▼ + stars: | 2023-10-26 | by ( Nancy Luna | ) www.businessinsider.com time to read: +1 min

KFC is losing ground to Popeyes, according to a Barclays report. KFC and Popeyes are both logging more than $5 billion a year in sales, according to Technomic's latest Top 500 report. But Popeyes, which is expanding rapidly across the US, is selling food with fewer locations in the US compared to KFC, according to Technomic. I tried the same items found at each brand's menu: Fried chicken, chicken tenders, and a classic fried chicken sandwich. The chicken served at KFC was so greasy, I had to take Tums to relieve my indigestion.

Persons: —, Popeyes Organizations: KFC, Barclays, Service, Popeyes, CNBC, US Locations: Santa Ana, Tustin , California

☆ Strange ‘earthquake lights’ explained
▼ + stars: | 2023-09-16 | by ( Katie Hunt | ) edition.cnn.com time to read: +6 min

CNN —I once felt the immense force unleashed by an earthquake in 1999 when I was living in Taipei, Taiwan. It was a feeling I was reminded of again this week when writing about a mysterious seismic phenomenon witnessed during Morocco’s recent devastating earthquake. Force of natureReports of multicolor “earthquake lights,” such as the ones seen in videos captured before Morocco’s 6.8 magnitude quake on September 8, go back centuries to ancient Greece. Researchers are beginning to understand the different forms the lights take and where they might appear. One 2014 study found the mystery lights could result from certain rocks when put under stress, but there is still no consensus on exactly what causes these outbursts.

Persons: CNN —, James Webb, Rhea Seddon, Anna Fisher, Judy Resnik, Shannon Lucid, Sally Ride, Kathy Sullivan, dryly, Arabella, Anita, Miss Baker, wasn’t, Jesse Rorabaugh, ”, Mattia Menchetti, Frank Rubio, Ashley Strickland, Katie Hunt Organizations: CNN, NASA, United, of Evolutionary, CNN Space, Science Locations: Taipei, Taiwan, Greece, Mexico City, Thailand, Africa, Guam, North America, United Nations, Europe, Italy, Spain

☆ What Can Turmeric Actually Do for Your Health?
▼ + stars: | 2023-09-13 | by ( Alice Callahan | ) www.nytimes.com time to read: +1 min

Turmeric has been used as a spice and medicine for thousands of years. And in recent decades, it’s become popular as a dietary supplement, often sold as curcumin — a chemical compound found in dried turmeric — with claims that it can soothe joint pain, reduce inflammation and improve mobility. In Thailand, turmeric is also often consumed in its spice or supplement form to quell gastrointestinal symptoms like bloating and indigestion, said Dr. Krit Pongpirul, an associate professor of preventive and social medicine at Chulalongkorn University in Bangkok. But only a few small studies have evaluated such benefits. In a trial published Monday in the journal BMJ Evidence-Based Medicine, Dr. Pongpirul and his colleagues tested whether curcumin supplements could help patients with functional dyspepsia, a common gastrointestinal condition that causes stomach pain and feelings of fullness, nausea and bloating after meals.

Persons: it’s, Krit, Pongpirul Organizations: Chulalongkorn University Locations: Thailand, Bangkok

☆ Turmeric might help treat your indigestion, study shows
▼ + stars: | 2023-09-11 | by ( Madeline Holcombe | ) edition.cnn.com time to read: +5 min

A good treatment option for indigestion may already be in your spice rack, according to a new study. Researchers found no significant differences in the symptoms of the groups taking the drug, turmeric or the combination of the two, according to the study. Turmeric has been used by people in Southeast Asia to treat stomach discomfort and other inflammatory conditions, Pongpirul said. That said, curcumin and turmeric is “generally considered safe when consumed in the amounts typically found in food,” he added. Typically, turmeric spices contain around 3% curcumin, according to the National Library of Medicine.

Persons: ”, Krit Pongpirul, Pongpirul, Pongpoirul, Yuying Luo, curcumin, Luo, ‘, “, ” Pongpuri, Pongpuri Organizations: CNN, Mayo Clinic, Chulalongkorn University, National Library of Medicine, gastroenterology, Icahn School of Medicine Locations: Bangkok, Thailand, Southeast Asia, United States, dyspepsia, Mount Sinai, New York City

☆ Stock futures are little changed following winning day for Wall Street: Live updates
▼ + stars: | 2023-09-11 | by ( Alex Harring | ) www.cnbc.com time to read: +2 min

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., September 11, 2023. S&P 500 and Nasdaq 100 futures both inched down 0.1%. The Nasdaq Composite led the three indexes with a gain of 1.1%, while the S&P 500 and Dow added about 0.7% and 0.3%, respectively. It was the second positive session for the S&P 500 and Nasdaq, and the third for the Dow. The Wall Street Journal reported Sunday that there was a consensus within the Fed to not hike rates this month.

Persons: Brendan McDermid, Wall, Dow, Tesla, bullish Morgan Stanley, CNBC's David Faber, Pete Biebel, Benjamin F, Edwards Organizations: New York Stock Exchange, REUTERS, Dow Jones Industrial, Nasdaq, Oracle, LSEG, Dow, Qualcomm, Apple, Walt Disney, Charter Communications, Street, Fed Locations: New York City, U.S

☆ Morgan Stanley says buy 'top’ stocks like Apple to fight the growing market malaise
▼ + stars: | 2023-08-12 | by ( Michael Bloom | ) www.cnbc.com time to read: +6 min

Investors may be feeling some market indigestion in August, but Morgan Stanley said there are still top stocks to buy settle down portfolios. CNBC Pro combed through recent Morgan Stanley research to find the well positioned stocks for August. In particular, Morgan Stanley said it's impressed by Keurig's commitment to improve coffee fundamentals. Morgan Stanley gave several reasons in its earnings reaction note as to why CBOE is well-positioned as a top pick. Howmet Aerospace Meanwhile, shares of Howmet Aerospace are up over 25% this year, but the stock has plenty more room to run, according to Morgan Stanley.

Persons: Morgan Stanley, Dr Pepper, Dara Mohsenian, Mohsenian, it's, Keurig's, Michael Cyprys, Cyprys, Kristine Liwag, Howmet, Liwag, Pepper Organizations: CNBC, CBOE, Chicago, Howmet, Howmet Aerospace, Airbus, Boeing, Commercial Locations: Europe, 2H23

☆ Paul Tudor Jones says the Fed is done raising rates, stocks to finish the year higher from here
▼ + stars: | 2023-05-15 | by ( Yun Li | ) www.cnbc.com time to read: +2 min

Billionaire hedge fund manager Paul Tudor Jones believes the Federal Reserve has finished raising interest rates in its fight against inflation, and the stock market could grind higher this year. "I definitely think they are done," Jones said on CNBC's "Squawk Box" of the Fed's rate-hiking campaign. The central bank has hiked interest rates 10 times since March 2022, taking the fed funds rate to a target range of 5%-5.25%, the highest since August 2007. Jones shot to fame after he predicted and profited from the 1987 stock market crash. "We have no IPOs, no calendar, no secondaries, valuations are at 19 but nobody's rushing to offer so clearly, something is going on internally in the stock market," Jones said.

☆ Wall Street’s still worried despite Friday’s fakeout
▼ + stars: | 2023-05-07 | by ( Krystal Hur | ) edition.cnn.com time to read: +5 min

In other words, Wall Street still has concerns about the banking sector’s health, the Federal Reserve’s interest rate trajectory and the possibility of recession. Key inflation reports aheadThe April Consumer Price Index and Producer Price Index are on deck for next week. The Fed on Wednesday raised interest rates by a quarter point and opened the door to a pause later this year. Wednesday: April Consumer Price Index and earnings report from Disney (DIS). Thursday: April Producer Price Index, mortgage rates and jobless claims.

☆ Oil settles narrowly mixed after smaller ECB hike; demand concerns linger
▼ + stars: | 2023-05-04 | by ( ) www.cnbc.com time to read: +2 min

OPEC Secretary General Haitham Al Ghais said finger-pointing and misrepresenting the actions of OPEC and OPEC+ was "counterproductive." Oil prices settled nearly unchanged on Thursday after the European Central Bank (ECB) decided to slow the pace of interest rate hikes, with prices still down more than 9% for the week on demand concerns in major consuming countries. Oil prices tumbled this week after concerns about the U.S. economy and signs of weak manufacturing growth in the world's largest oil importer China, sliding further after the U.S. Federal Reserve raised interest rates on Wednesday. The ECB increased its three policy rates by 25 basis points, the smallest hike since the central bank starting lifting them last summer, and kept its options open on future moves as it fights stubbornly high euro zone inflation. Along with investor indigestion over central bank messaging, Wall Street stock indexes were under pressure Thursday from another rout in U.S. bank shares, which have reeled from the collapse of a third major regional bank over the weekend.

☆ Private Equity’s Food Binge Goes Sour
▼ + stars: | 2023-04-10 | by ( Matt Wirz | ) www.wsj.com time to read: 1 min

Private-equity funds went on a buying binge for food companies before markets crashed in 2022. Now they have indigestion that is contributing to rising prices at the grocery checkout. The funds snapped up a record 786 makers of food and beverages worth $32 billion in 2021, using bundles of debt to pay for their purchases, according to data from S&P Global Market Intelligence. The financiers projected that staple goods would keep making profits no matter how the economy fared. But that forecast changed, with the food industry soon hammered by higher labor costs, supply-chain disruptions and surging inflation.

☆ What’s In a Full English Breakfast? Don’t Ask the English
▼ + stars: | 2023-03-10 | by ( Matthew Thomas | ) www.wsj.com time to read: 1 min

What do you get you when you combine sausages, bacon, eggs, fried tomatoes, mushrooms, baked beans and hash browns? Indigestion, probably. But you might also get an argument.

☆ Ousted Tesla cofounder Martin Eberhard sounds off on Elon Musk, how the company has changed, and the EV wars
▼ + stars: | 2023-02-18 | by ( Grace Kay | ) www.businessinsider.com time to read: +17 min

But Eberhard and Musk butted heads, and Musk ousted Eberhard from his CEO role in 2007. Musk said that Eberhard was holding up production of Tesla's first car, the Roadster, and that Eberhard was responsible for other operational issues. And the proof is for the first time ever in decades we built a car company successfully. "His behavior changed dramatically as soon as we started having press about Tesla," Eberhard said. Musk has said the company "is as much a software company as it is a hardware company."

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