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☆ I'm Gen X, and my best friend is a boomer. She's helping me through my divorce and models my future for me.
▼ + stars: | 2024-03-10 | by ( Amy Mchugh | ) www.businessinsider.com time to read: +5 min

Two decades later, she's still my closest friend — even though she's a boomer and I'm Gen X. She knows I love food and hate food after my mother took me to Weight Watchers when I was 13. AdvertisementNow, she's helping me get through a divorceIn September, my husband of 21 years surprised me with a divorce. I'm comforted by the love she found in a second husband a few years after her divorce. On the long road to divorce recovery, Kathy keeps showing up.

Persons: —, Kathy, Amy, Kathy's, she's, Spaghettios, She's, who've, I'm Organizations: Service, Business Locations: Portuguese, Cape Cod, Fish, Charleston

☆ Markets are hitting record highs. And economists like El-Erian and Krugman can't shake off their fears
▼ + stars: | 2024-03-08 | by ( Zahra Tayeb | ) www.cnbc.com time to read: +4 min

Stellar prices for gold have also stolen investor attention, with the precious metal scaling a new record of over $2,100. The record-breaking numbers for markets, however, haven't stopped some investors from worrying about three key issues. Inflation resurgenceAfter months of cooling, U.S inflation is proving itself to be more stubborn than experts had predicted. That's despite the Federal Reserve embarking on an aggressive monetary policy campaign over the past year, in a bid to tame consumer price pressures from their 40-year highs. Ariel Investments' Vice Chair Charlie Bobrinskoy told CNBC markets are not focused on China's residential real estate problems.

Persons: Michael M, haven't, Nobel, Paul Krugman, Mark Zandi's, Mark Zandi, Krugman, Nouriel Roubini, Doom, Trump, Marko Kolanovic, Mohamed El, Erian, Ariel, Charlie Bobrinskoy Organizations: New York Stock Exchange, Santiago, Federal, stoke, Allianz, Bloomberg, CNBC, El, Ariel Investments Locations: New York City, U.S, China

☆ The British army just sparked even more confusion about Kate Middleton's absence
▼ + stars: | 2024-03-06 | by ( Mikhaila Friel | ) www.businessinsider.com time to read: +4 min

The British army removed a statement that Kate Middleton will attend the king's birthday in June. AdvertisementThe British army has just sparked even more confusion about Kate Middleton's absence from the public eye. But it is understood that references to Kate were swiftly deleted after Kensington Palace said it had not confirmed her appearance. AdvertisementRepresentatives for Kensington Palace did not immediately respond to requests for comment from BI. In a statement sent to BI on February 29, Kensington Palace said Kate was "doing well."

Persons: Kate Middleton, Kate, —, Kate Middleton's, Wales, Kensington, It's, King Charles III, Queen Elizabeth II, DANIEL LEAL, MARCO BERTORELLO, Chris Ship, Carole Middleton Organizations: British, Service, BBC News, Guardian, Irish Guards, Business, Getty, Household Division, King's, Royal Horse Artillery, ITV News, Kensington Palace, BI Locations: Easter, Kensington, Buckingham, AFP

☆ Kate, Princess of Wales: Chaos and confusion after British Army appearance claim
▼ + stars: | 2024-03-06 | by ( Lauren Said-Moorhouse | Max Foster | ) edition.cnn.com time to read: +4 min

London CNN —Speculation over when Catherine, Princess of Wales will return to official royal duties continues this week after expectations were raised by an unlikely source: the British Army. Tickets were advertised to the public with appearances from both 42-year-old Kate and King Charles III on June 8 and 15, respectively. Aaron Chown/AFP/Getty ImagesThe palace, which handles the princess’ diary, had not yet confirmed if she would be reviewing the Irish Guards. CNN decided not to publish the paparazzi shot when it began to circulate on social media on Monday. The existence of the photograph did, however, quash some of the wilder rumors and conspiracy theories circulating recently on social media about the princess’ health and whereabouts.

Persons: Catherine , Princess, Wales, Kate, King Charles III, ’, Charles III, Jeremy Hunt, Aaron Chown, Charles, “, Carole Middleton, wilder, it’s Organizations: CNN’s Royal, London CNN, British Army, UK Ministry of Defence, Horse Guards, Army, Kensington Palace, Getty, Irish Guards, CNN Locations: London, Buckingham Palace, Kensington, Buckingham, AFP, Windsor

☆ AI investor on why Nvidia's valuation isn't crazy and his top picks in the space
▼ + stars: | 2024-03-05 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: +2 min

Zehrid Osmani, a portfolio manager at Martin Currie, a Europe-based affiliate of Franklin Templeton, is one such investor. Osmani told CNBC that he sees "potential risk of froth" in the AI trade as a whole, but not for Nvidia. "Unlike the basket of AI [stocks] that has seen multiple expansion, Nvidia has actually seen multiple contraction. Nvidia's price-to-earnings ratio, using the projections for the next 12 months, is 32.4, according to FactSet. So there will be a critical element of needing to channel more spend toward AI for a corporate," Osmani said.

Persons: Zehrid, Martin Currie, Franklin Templeton, Osmani Organizations: Nvidia, CNBC, Microsoft Locations: Europe, Great Britain, OpenAI

☆ As gold scales all-time highs, Wall Street analysts say it has even further to go
▼ + stars: | 2024-03-05 | by ( Jenni Reid | ) www.cnbc.com time to read: +1 min

An employee handles one kilogram gold bullion at the YLG Bullion International Co. headquarters in Bangkok, Thailand, on Friday, Dec. 22, 2023. Gold prices pushed higher Tuesday after futures pricing for the precious metal notched fresh records in the previous two sessions — with analysts seeing strength lasting at least into the second half of the year. Spot gold was trading 0.7% higher at $2,129, though market-watchers note that in real terms, adjusted for inflation, gold is well below past peaks. In a Monday note, analysts at Citi described themselves as "medium-term bullion bulls," calling a 25% probability of gold averaging a record $2,300 per ounce in the second half. Citi describes gold as a developed market "recession hedge," and increasingly see tailwinds from uncertainty around the U.S. election in November.

Persons: Donald Trump Organizations: Co, Citi, Berenberg Locations: Bangkok, Thailand, London, Ukraine, Gaza

☆ Key Primary Races in California and North Carolina to Follow on Super Tuesday
▼ + stars: | 2024-03-04 | by ( Lisa Lerer | ) www.nytimes.com time to read: +1 min

Typically, Super Tuesday looms large on the political calendar as the moment the presidential race moves from one-state-at-a-time contests into more than a dozen states, all at once. The delegate haul is immense, representing as much as one-third of each party’s total. Down the ballot from the presidential race, several states are hosting consequential primary contests. These races lack the high profile of the presidential campaign, but they can give us hints about the kind of race the country may face in November. Here are three worth watching:California SenateThe California Senate primary was expected to be a titanic clash over the future and ideology of the Democratic Party.

Persons: Donald Trump, Biden Organizations: Super, California Senate, Democratic Party Locations: California

☆ Kate Middleton was spotted in public for the first time since last year
▼ + stars: | 2024-03-04 | by ( Samantha Grindell | ) www.businessinsider.com time to read: +1 min

Kate Middleton was spotted near Windsor Castle on Monday. Kensington Palace announced Kate underwent a planned abdominal surgery in January. AdvertisementKate Middleton made her much-anticipated return to the public eye on Monday. Until Monday, she hadn't been seen in public since Christmas 2023, and Kensington Palace had not released any photos or videos of her. And on Monday, she was spotted near Windsor Castle.

Persons: Kate Middleton, she's, Kate, —, Wales, hadn't Organizations: Service Locations: Windsor Castle, Kensington, Windsor

☆ Opinion: Why it was time for Oprah to move on from Weight Watchers
▼ + stars: | 2024-03-01 | by ( Opinion Kellie Carter Jackson | ) edition.cnn.com time to read: +6 min

For decades, America has followed Oprah through every major weight loss trend, and this was no exception. She later deeply regretted such a stunt, calling it a “Big, big, big, big, big, big, big mistake!”In 1994, Oprah ran her first marathon to celebrate her 40th birthday. It raised questions about Oprah taking medical weight loss drugs such as Ozempic or Wegovy. She later deeply regretted such a stunt, calling it a “Big, big, big, big, big, big, big mistake!” Charles Bennet/APWith Oprah stepping down, many people will lose their measure or point of reference for what is ahead or behind the curve as it relates to their weight and health. One might also ask what it means for the nation’s preeminent Black history museum to be economically tethered to a weight loss company.

Persons: Kellie Carter Jackson, Michael, Denise Kellen ’, “, Read, Oprah Winfrey, Oprah, ”, Stedman Graham, Mark Wilson, Oprah’s, Winfrey, Charles Bennet, it’s Organizations: of Africana Studies, Wellesley College, CNN, WW, Marine Corp, Harpo Studios, US Marine Corps, 19th Marine Corps, AP, Hollywood, canaries, National Museum of Locations: America

☆ Stephen Colbert Declares the Supreme Court Unconstitutional
▼ + stars: | 2024-03-01 | by ( Trish Bendix | ) www.nytimes.com time to read: +1 min

“Kind of weird that SCOTUS feels the need to consider whether or not laws exist.” — STEPHEN COLBERT“This is what happens when we let an extra from ‘Home Alone 2’ pick three Supreme Court justices.” — JIMMY KIMMEL“And it gets worse — because the oral arguments are in April, but court watchers don’t expect a decision until June. All of the plotlines will come together at once for the thrilling conclusion of America.” — STEPHEN COLBERT“The Supreme Court gains all of its legitimacy and all of its power from public approval. They don’t have an army or a police force or, apparently, an H.R. department; they have to rely on moral authority. But they have abdicated that moral authority, which is why, tonight, using the power vested in me as a late-night host, I am hereby declaring the Supreme Court unconstitutional.” — STEPHEN COLBERT

Persons: SCOTUS, ” — STEPHEN COLBERT “, ” — JIMMY KIMMEL, ” — STEPHEN COLBERT Organizations: Supreme Court

☆ How the Supreme Court’s decision on Trump’s immunity could turn on a single question
▼ + stars: | 2024-02-29 | by ( John Fritze | Tierney Sneed | ) edition.cnn.com time to read: +6 min

CNN —The Supreme Court will likely produce thousands of words when it decides this year whether former President Donald Trump may claim immunity from special counsel Jack Smith’s election subversion charges. Every time the Supreme Court grants an appeal it settles on a specific legal question to resolve. In the immunity matter, the court didn’t embrace Trump’s framing – nor the question Smith posed when he sought review on the same issue in December. “The question implicitly rejects Trump’s position of absolute immunity because of that language ‘whether…and to what extent,’” Eisen said. By taking the appeal, the Supreme Court has effectively pushed back the start of a trial in the federal election subversion case by weeks, at least.

Persons: Donald Trump, Jack Smith’s, ”, Norm Eisen, Obama, Trump, Smith, ” Eisen, “, there’s, Andrew McCabe, –, Ty Cobb, Trump’s, Mark Meadows, William Pryor, George W, Bush, ” Pryor, Meadows’s, Sri Srinivasan, Barack Obama Organizations: CNN, Trump, Court, Senate, Trump White, DC Locations: –, Georgia

☆ Oprah to Leave Weight Watchers Board
▼ + stars: | 2024-02-29 | by ( Emily Schmall | ) www.nytimes.com time to read: 1 min

Oprah Winfrey said that she was stepping down from the board of Weight Watchers, a few months after going public about taking a medication for weight loss. The entertainment mogul has been the most prominent spokeswoman for Weight Watchers since joining its board in 2015, helping it weather competition from other weight loss companies while opening up a broader conversation around obesity and diet. Her endorsement of Weight Watchers — she has said she lost 40 pounds using the company’s point system — convinced many others to sign up, analysts said. The announcement sent Weight Watchers shares into a tailspin, with stock falling 25 percent in early trading Thursday.

Persons: Oprah Winfrey

☆ Oprah has left WeightWatchers, sending stocks spiraling and spelling doom for the diet of our foremothers
▼ + stars: | 2024-02-29 | by ( Mia De Graaf | Rachel Hosie | ) www.businessinsider.com time to read: +7 min

Oprah Winfrey will not seek reelection to the board of WW International, known as WeightWatchers. It was a surprising time to jump on board — WeightWatchers had been shedding users, and its stock price was dwindling. AdvertisementDespite not naming the brand, there was an immediate spike in demand for GLP-1 medications — the popular new class of weight-loss drugs. That same day, WW added a weight-loss drug arm to its business, acquiring Sequence, a service that provides weight-loss drugs. AdvertisementLong-term, WW needs to find a new identityOver time, WW will benefit from being a purveyor of hard-to-access weight-loss drugs.

Persons: Oprah Winfrey, —, Oprah giveth, Oprah taketh, maven, Winfrey, — WeightWatchers, Axios, Oprah, Forbes, Craig, Alex Fuhrman, Winfrey's, We're, Atkins Organizations: WW International, Service, SEC, Guardian, People Magazine, MarketWatch, Mayo Clinic, Business, Smithsonian's National Museum of, CNBC, Slate Locations: GLP, WeightWatchers

☆ I was a senior producer on 'The Wendy Williams Show.' Seeing how she was painfully portrayed in her documentary crushed me.
▼ + stars: | 2024-02-29 | by ( Yazmin Ramos | ) www.businessinsider.com time to read: +6 min

I met Wendy Williams for the first time in September 2009 on set at her old studio on West 53rd Street. I love Wendy and loved my experience working on her eponymous talk show, so watching Lifetime's recent documentary, "Where Is Wendy Williams?" Wendy Williams with former senior producer Yazmin Ramos. AdvertisementThe Wendy Williams I worked with was supportive, sharp, and prioritized funFormer senior producer Yazmin Ramos on set of "The Wendy Williams Show." Former senior producer Yazmin Ramos on set of "The Wendy Williams Show."

Persons: Wendy Williams, —, Wendy, Yazmin Ramos, Wendy Watchers, Wendy What's, Yazmin Ramos Wendy, It's Organizations: Service, West, Trap Music Locations: Chelsea, New York City, The Bronx, Honduras, Atlanta

☆ Apple's electric car crash shows even a $2.8 trillion company can't burn cash forever
▼ + stars: | 2024-02-28 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +3 min

The world was quite different when Apple quietly started its electric vehicle project in 2014. Having launched its Vision Pro mixed reality headset this month, the company has already committed itself to scaling and commercializing a technology that presents an entirely new business area. Tim Cook and Apple Vision Pro. AdvertisementThat's particularly so as competitors like Mark Zuckerberg post public teardowns of Apple's foray into mixed reality — a technology far from hitting mainstream appeal. AI and mixed reality are plenty to keep it busy for now.

Persons: Apple, Jeff Williams, Kevin Lynch, Tim Cook, Justin Sullivan, Mark Zuckerberg, Sir James Organizations: Apple, Business, Bloomberg, Apple Vision, Big Tech, Meta, Google Locations: China

☆ Some fans are calling 'Where Is Wendy Williams?' documentary 'exploitative' and hard to watch
▼ + stars: | 2024-02-28 | by ( Olivia Singh | ) www.businessinsider.com time to read: +7 min

The documentary was initially conceptualized as a way to follow Williams' career comebackWendy Williams in the documentary "Where Is Wendy Williams?" AdvertisementAs Williams' erratic behavior intensified, the doc's focus shifted to her family's concernKevin Hunter Jr. in "Where Is Wendy Williams?" Producers said they wouldn't have filmed Williams if they were aware of her dementia diagnosisWendy Williams in the documentary "Where Is Wendy Williams?" Wendy Williams in the documentary "Where Is Wendy Williams?" Williams is now at an undisclosed medical facilityWendy Williams in the documentary "Where Is Wendy Williams?"

Persons: —, Wendy Williams, Watchers, Wendy Wiliams, Williams, Sabrina Morrissey, Mark Ford, Ford, Kevin Hunter Jr, Will Selby, Shawn Zanotti, Tommy Williams, Tommy Williams Jr, Wanda Finnie, Alex Finnie, Travis Finnie, Producers, Aramide Tinubu, Wendy, Today.com, Hunter, I've, Wanda, Alex Organizations: Service, Business, TMZ, Hollywood Reporter, E Television Networks, Lifetime, Variety Locations: New York, Williams ' New York

☆ Why India’s economy under Modi offers a real alternative to China
▼ + stars: | 2024-02-26 | by ( Diksha Madhok | ) edition.cnn.com time to read: +9 min

The market value of companies listed on India’s exchanges crossed $4 trillion in late November. But the country is stuck in recession and recently lost its position as the world’s third biggest economy to Germany. While interest in the world’s fifth largest economy is rising, the lofty prices of India’s stocks are scaring some international investors away. According to Macquarie, retail investors alone own 9% of India’s equity market value versus foreign investors at slightly under 20%. China “has a few too many companies which are $100 and $200 billion plus [in value],” Mittal said.

Persons: Peeyush Mittal, there’s, ”, Mittal, They’ve, Narendra Modi, Indranil Mukherjee, Jefferies, “, MSCI, Aditya Suresh, Modi’s, Modi, there’ll, ” Suresh, shoring, Hubert de Barochez, Elon Musk, India “, ” Musk, Suresh, Satish Babu, China “, ” Mittal, Priyanka Agnihotri, Nirmala Sitharaman Organizations: New, New Delhi CNN —, Matthews Asia, Getty, Macquarie Capital, Bharatiya Janata Party, Monetary Fund, Jefferies, Capital Economics, Apple, Foxconn, ”, Workers, Chennai Metro Rail, Advisory, Indian Locations: New Delhi, Jaipur, San Francisco, India, China, Shanghai, Shenzhen, Hong Kong, Japan, Germany, Beijing, Washington, “ India, Macquarie, Chennai, Baltimore

Elena Perova | Istock | Getty ImagesJust ahead of the holiday season, Walmart had encouraging news for inflation-weary shoppers: Prices on food and other staples were falling instead of rising. But the retail giant backpedaled this week, saying higher prices on many grocery items and household staples like paper goods have stuck. Food prices climbed 2.6%, fueled by a 5.1% jump in prices for food away from home, a category that includes restaurant meals and vending machine purchases. That gives their makers the ability to keep raising prices to mitigate higher costs, even as their volume drops. Even some of the biggest U.S. brands have signaled that consumers' tolerance of higher prices has worn thin.

Persons: Elena Perova, John David Rainey, Coke, James Quincey, Gregory Daco, airfares, Tyson, Fernando Fernandez, Arun Sundaram, Kraft Heinz, Chocolate, Hershey, Edward Jones, Brittany Quatrochi, Sundaram, Pringles, Kellanova, Heinz, Stefani Reynolds, Brad Thomas, CFRA's Sundaram, Thomas, Frederic J, Brown, Oscar Mayer, Greg Melich Organizations: Istock, Walmart, CNBC, Federal, Depot, Pew Research Center, Maine Foods, Unilever, Nestle, Bloomberg, Getty, Planters, Target, Kroger, AFP, U.S, PepsiCo, Frito, Evercore ISI Locations: Hershey , Pennsylvania, North America, Washington ,, Rosemead , California

☆ What happened to Wendy Williams? A new documentary delves deeper into her health and guardianship
▼ + stars: | 2024-02-24 | by ( Olivia Singh | ) www.businessinsider.com time to read: +1 min

Paras Griffin/Getty ImagesDuring the week of February 12, 2018, Williams canceled tapings of her show scheduled for Wednesday through Friday. "It's not the flu yet, but I feel flu-ish," Williams said in a video shared on Instagram, which has since been deleted. The host also added that she hadn't taken a sick day since starting her talk show in 2008. "I guess when you don't take a sick day EVER in over 25 years, the ground is supposed to shake! She returned to "The Wendy Williams Show" the following Monday, February 19.

Persons: Wendy Williams, Paras Griffin, Williams, It's, Wendy, I'm Organizations: Weekly Locations: Atlanta

☆ Why isn’t the Supreme Court moving faster on Trump’s immunity challenge?
▼ + stars: | 2024-02-24 | by ( John Fritze | ) edition.cnn.com time to read: +8 min

CNN —When special counsel Jack Smith asked the Supreme Court to reject former President Donald Trump’s immunity claims there was an unmistakable hue of urgency to the request. It could grant Trump’s request and then hold arguments and decide the merits of the immunity issue – perhaps on an expedited basis. The Supreme Court can move quickly, at least by judicial branch standards. George Walker IV/APThe Supreme Court denied that request, allowing the appeals court to review the case first. US Supreme Court Justice Sonia Sotomayor participates in a conversation with University of California Berkeley Law Dean Erwin Chemerinsky on Monday, January 29.

Persons: Jack Smith, Donald Trump’s, Smith, Trump, ”, Steve Vladeck, Tanya Chutkan, Chutkan, ” Smith, Donald Trump, George Walker IV, Randall Eliason, “, ” Eliason, Sonia Sotomayor, Amy Coney Barrett, we’re, ” Barrett, ” Sotomayor, Barack Obama, don’t, Trump’s, Vladeck, Biden, University of California Berkeley Law Dean Erwin Chemerinsky Organizations: CNN, University of Texas School of Law, DC, Appeals, National Religious Broadcasters, Gaylord, Supreme, DC Circuit, George Washington University, National Governors Association, Trump, Democratic, Boy Scouts of America, Boy Scouts, Boy Scouts of, Department of Homeland Security, University of California Berkeley Law, Capitol Locations: Mexico, Boy Scouts of America, Texas

☆ Capital One’s acquisition has $1.4 billion breakup fee if rival bid emerges, but none if regulators kill deal
▼ + stars: | 2024-02-22 | by ( Hugh Son | ) www.cnbc.com time to read: +2 min

Capital One 's blockbuster takeover proposal for Discover Financial includes a $1.38 billion breakup fee if Discover decides to go with another buyer, but no such fee if U.S. regulators kill the deal, people with knowledge of the matter told CNBC. Capital One said late Monday it had an agreement to purchase rival credit card player Discover in an all-stock transaction valued at $35.3 billion. Watchers of the Capital One agreement are taking particular interest in whether U.S. banking regulators will allow it to happen. Neither side will owe the other a breakup fee if regulators block the acquisition, which is said to be typical for bank deals. The deal happened after Capital One approached Discover, and didn't include a wide search for all possible bidders, according to one of the people.

Persons: Richard Fairbank, — CNBC's Alex Sherman Organizations: Discover Financial, CNBC, Capital, Discover, Mobile, U.S . Department of Justice, Regulators, Bank, Federal Reserve, Currency, The Justice

☆ 'Opportune time to invest in real estate': Pros name 5 REITs to buy right now
▼ + stars: | 2024-02-21 | by ( Amala Balakrishner | In Amala-Balakrishner | ) www.cnbc.com time to read: +4 min

Mounting inflation and interest rates have put significant pressure on several sectors — especially real estate. He suggests that investors look to have 10% of their portfolio exposed to "real estate in some form, as a good rule of thumb." "That exposure can come from REITs [real estate investment trusts] or direct ownership, or other real estate investments if you are a large investor. Rick Romano, Head of Global Real Estate Securities at PGIM Real Estate, agrees, saying that REITs offer investors "a unique and fantastic" opportunity to invest across geographies and segments right now. "It's an area that we see some of the best growth rates within the real estate space," he added.

Persons: Kevin Brown, Brown, Rick Romano, PGIM's Romano, Morningstar's Brown Organizations: Morningstar, CNBC Pro, Global Real Estate Securities, Fund Locations: U.S, Canada

☆ Ukraine can still win against Russia, but a few very important things need to happen this year, war experts say
▼ + stars: | 2024-02-21 | by ( Ella Sherman | ) www.businessinsider.com time to read: +7 min

Military experts say Ukraine can still win against Russia by prioritizing defense and seizing key opportunities. War watchers say that Ukraine can still win against Russia's invasion if it prioritizes defense, rebuilding combat capability, and hitting Russia where it is most vulnerable as the country enters its third year of war. If Ukraine consistently holds its own against Russia, Kofman noted, this would keep Russia in a weak position by letting attrition take its toll. "It was to put Ukraine in a position where it can attain decisive leverage to negotiate with Russia war termination, from a favorable position and then to attain a durable peace." Davis said that Ukraine needs to attempt to negotiate as soon as it can with Russia to end the war.

Persons: watcher's, Michael Kofman, Kofman, STRINGER, Emma Ashford, Henry L, Putin, Ashford, Daniel Davis, Davis, Avdiivka Organizations: Russia, Russia's, Carnegie Endowment, International, Getty, Stimson Center, Kurt & Company, Defense Locations: Ukraine, Russia, Russian, Novorossiysk, Europe, Bakhmut District

☆ Walgreens earns a unwanted title as it's booted from the Dow for Amazon. How it happened
▼ + stars: | 2024-02-21 | by ( Bob Pisani | ) www.cnbc.com time to read: +5 min

Walgreens has the dubious distinction of being one of the stocks that has had the shortest duration in the Dow Jones Industrial Average. At $22, Walgreens has the lowest stock price in the index, which traditionally would make it a target for replacement. "Since the indexes are price weighted, the Index Committee evaluates stock price when considering a company for inclusion. Right now, the highest priced stock, UnitedHealth Group , is more than 23 times the value of the lowest priced stock, Walgreens. Finally, one wonders how Uber executives feel about the decision to put them into the Dow Jones Transportation Index.

Persons: Dow Jones, Dow Industrials, Uber, CNBC's Robert Hum Organizations: Walgreens, Dow Jones, Alliance, Dow, UnitedHealth, Walmart, WBA, General, General Electric, U.S Rubber, GE, Dow Jones Transportation, JetBlue, Transports, Avis

☆ CNBC Daily Open: Is the battle against inflation getting tougher?
▼ + stars: | 2024-02-21 | by ( Sumathi Bala | ) www.cnbc.com time to read: +2 min

This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. The 30-stock Dow fell 0.17%. Palo Alto Networks dipsShares of Palo Alto Networks fell 19% in extended trading, after the cybersecurity company lowered its full-year outlook. Pros say that exposure can come from real estate investment trusts and picked 5 REITS that are in play.

Persons: Jerome Powell, Dow, Nikesh Arora, Amazon's Dow, Yemen's Organizations: Federal Reserve, New York Stock Exchange, CNBC, Nvidia, Nasdaq, Palo, Palo Alto Networks, Walgreens, Dow Industrial, Dow Jones Indices Locations: New York City, U.S, Red, Rafah

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