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Maureen Hagar ditched her mobility aids after losing 185 pounds through a healthy diet and regular exercise. "I'm very proud," Hagar told Business Insider. This story is available exclusively to Business Insider subscribers. AdvertisementThe trainer said low-intensity exercise suited Hagar better"One of our goals has been to redevelop her balance and dexterity in her feet," Conway told Business Insider. Do you have an interesting story about weight loss that you'd like to share with Business Insider?
Persons: , Maureen Hagar, Hagar, she'd, Derek Conway, Conway, Derek Organizations: Service, Business, Rocky Locations: California, Conway
Here’s where the jobs are for May 2024 — in one chart
  + stars: | 2024-06-07 | by ( Pia Singh | ) www.cnbc.com   time to read: +2 min
The three sectors, respectively, added 68,000, 43,000 and 42,000 jobs, similar to trends seen over the past year. The U.S. economy added 272,000 jobs for the month , coming out significantly higher than the Dow Jones consensus estimate of 190,000. Job growth in May was surprisingly strong, pushing back on lingering fears of a broader economic slowdown and likely slowing the Federal Reserve's rate-cutting timeline. On the other hand, social assistance employment trended higher as it added 15,000 last month, below the sector's average of 22,000 jobs per month seen over the last year. Investors walked away from the report discouraged that the Federal Reserve would cut rates in June, noting that the increase in job growth and above-average wage growth paints a picture of a fairly strong consumer.
Persons: Dow Jones, That's, Sonu Varghese Organizations: U.S . Bureau of Labor Statistics, Investors, Federal Reserve, Carson Group Locations: U.S
Shares of Citigroup (C) have far outpaced the major equity benchmarks in 2024, gaining around 22% year-to-date versus the S & P 500's 13%. Soon after, the stock broke above its 40-week moving average, validating the strength of the rally off the October low. Then in February 2024, the stock pushed above the 150-week moving average, validating the strength and persistence of the uptrend phase. The weekly PPO indicator has since registered a sell signal, indicating that the previous uptrend phase is likely terminated. But a failure to regain the 50-day moving average in early June would mean the previous uptrend phase is most likely exhausted.
Persons: David Keller Organizations: Citigroup, RSI, CMT
Copper's rise to more than $11,000 a ton isn't supported by fundamentals, according to trading firm Trafigura. AdvertisementSupply and demand fundamentals haven't been enough to support copper's sky-high rally. Instead, the commodity's massive bull run is thanks to expectations of interest-rate cuts, according to the commodity-trading firm Trafigura. The pattern isn't exclusive to copper only, as other metals have also disassociated from their fundamentals in 2024, Rahim said. According to Bloomberg, Trafigura is an entrenched copper bull, forecasting in 2021 that the industrial metal could eventually hit $15,000 a ton.
Persons: , Saad Rahim, Rahim, Trafigura, Jeff Currie Organizations: Service, Federal Reserve, Bloomberg
While most of the S & P 500 has reported first quarter earnings, three notable names — where the options trade quite actively — have yet to report. Signs of improvement in this area showed up with their last earnings report on March 11th. The stock was flat when they reported earnings in June of 2023, but it fell double digits when they reported in September and December last year. ORCL YTD mountain Oracle, Year-to-date A more cautious approach to a bullish bet on Oracle could be to buy call options. One could offset a portion of this cost (and the volatility crush that generally follows an earnings report) by selling a June 14th weekly $130 call.
Persons: aren't Organizations: Oracle, Oracle Corp, Broadcom Inc, Adobe Inc, Broadcom, Adobe, Gamestop, Microsoft, Amazon, AWS, Morningstar
One up, one down: Club stock Eaton is is down, despite being added to Jefferies' "Franchise Picks" list on Thursday. Please remember that when people get extra shares they tend to sell them, not buy them, but ultimately split stocks do well. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.
Persons: Jim Cramer, Mason Morfit, ValueAct, Salesforce, Eaton, Jefferies, Jim, Eli Lilly, payrolls, Jim Cramer's, Justin Sullivan Organizations: CNBC, Food and Drug Administration, Nvidia, Tech, Jim Cramer's Charitable Locations: San Francisco
Despite the wild ride from a performance and volatility perspective, over the last six months, BTC has continued to do one thing very well – adhere to the technicals. It never violated the breakout zone from October'23 and hit the target by early March. Each prior falling wedge pattern breakout was accompanied by its RSI moving to overbought territory. Two Bullish Patterns on One Chart The second and third bullish formations appear on this chart. To reiterate, these targets are attained simply by adding the height of each pattern to the breakout points.
Persons: bitcoin, Let's, it's, Frank Cappelleri Organizations: SEC, BTC Locations: bottoming
A former Meta engineer on Tuesday accused the company of bias in its handling of content related to the war in Gaza, claiming in a lawsuit that Meta fired him for trying to help fix bugs causing the suppression of Palestinian Instagram posts. The company launched no such investigations for employees posting Israeli or Ukrainian flag emojis in similar contexts, according to the lawsuit. Meta did not immediately respond to a Reuters request for comment on Hamad's allegations. Conflict erupted in Gaza after Hamas militants attacked inside Israel on Oct. 7, killing 1,200 people and taking over 250 people hostage according to Israeli tallies. Israel in response launched an offensive in Gaza that has killed more then 36,000 people, according to Gaza health officials, and triggered a humanitarian crisis.
Persons: Meta, Ferras Hamad, Hamad, Hamad's Organizations: Palestinian Locations: Gaza, Palestinian, California, Israel
The myth of Donald Trump is that he is immune to scandal — that there’s nothing he could say or do that would undermine his political prospects. In this rendering of the Trump dynamic, his shamelessness helps him glide past controversy, and the unshakable devotion of his base keeps him afloat through the worst of storms. The truth of Donald Trump is very far from the myth. Trump did not shrug off the debacle of the “Access Hollywood” tape; his campaign came as close as it ever would to total collapse. Even minor scandals, like his derisive reference to “shithole countries,” forced both Trump and his White House into a defensive crouch.
Persons: Donald Trump, Trump, , crouch Organizations: Trump, Republican, White Locations: Charlottesville, Va
But this staple of preppy American fashion has humble origins, far from Martha’s Vineyard or the hallways of Yale or Harvard, in Chennai, India, the coastal city from which it takes its name. Krishnan Nair,” a biography of the Indian textile magnate and hotelier who first sold Jacobson the madras, in a video interview with CNN. From Chennai to shores of the CaribbeanFort St. George was established in the 1630s, helping the British cement a monopoly on the highly lucrative Indian textile industry. Research by the London School of Economics estimates that Indian cotton textiles, which were often exchanged for slaves, accounted for 30% of the total export value of 18th century Anglo-African trade. A madras fabric weaving workshop in Chennai, the Indian city once known as Madras, circa 1990.
Persons: Lisa Birnbach’s “, Ralph Lauren, Brooks, William Jacobson, , Bachi Karkaria, Captain C.P, Krishnan Nair, Jacobson, Tony Cenicola, Karkaria, — Nair, , , David Ogilvy, Leonard McCombe, Nair, Ogilvy, Elihu Yale, George, Hathaway, India Madras ”, Eli Yale, King George I, Hathaway Yale, Yale, Kai Toussaint Marcel, Marcel, Tommy Hillfiger, Kimberly M, Jenkins, Patrick Horvais, madras “ Organizations: CNN, Brooks Brothers, Yale, Harvard, New York Times, Milton Academy, madras, Ivy League, East, Yale College, Yale University, Yale . Yale, East India Company, Metropolitan Museum of Art, Parsons School of, London School of, Princeton, Miss College, Sports Locations: madras, Bahamas, Chennai, India, Madras, West Africa, Milton , Massachusetts, superstardom, East India, Fort St, India Madras, Scottish, North Africa, Nigeria, America, Caribbean, St, West Indies, England, France, New Orleans, East Coast, Bermuda, madras Bermuda, Rhode Island, Newport, South Florida, Palm, Fisher
Other Trump cases are in suspended animationTwo federal cases against Trump, in which he’s also pleaded not guilty, are in a holding pattern. At the same time, multiple disputes in pre-trial motions have put the looming federal trial in Florida over Trump’s alleged mishandling of classified documents into suspended animation. But if Trump wins, he could appoint an attorney general who could halt the federal cases in their tracks. Garland is also likely to face scrutiny over the Hunter Biden trial. Republicans celebrated when a plea deal, which they saw as “sweetheart” treatment for Hunter Biden, collapsed in court.
Persons: Joe Biden’s, Donald Trump, , ” Biden, Hunter, Biden, Trump, Fani Willis, , , Willis, he’s, Jack Smith’s, Aileen Cannon, Ty Cobb, CNN’s Erin Burnett, , it’s, ” Cobb, Cobb, Hunter Biden, who’s, marveling, Joe Biden, Biden’s, Juan Merchan, “ I’m, Adam Schiff, Kasie Hunt, General Merrick Garland, Garland, Robert Hur’s, New Jersey Democratic Sen, Robert Menendez Organizations: CNN, Republican, Democratic, Republicans, Trump, Georgia, US, Department, Trump White House, Fox News, Capitol, California Democrat, House Republicans, New Jersey Democratic Locations: Connecticut, New York, Georgia, Fulton County, Florida, York, Delaware, Trump, “ State, California, Washington
A trade set-up I use in my own account focuses on identifying stocks exiting a low-volatility, sideways choppy price movement into an explosive directional move. During these times, expect little to no directional price movement. TTM Squeeze Indicator: Most trading platforms offer a free indicator called TTM Squeeze. The Trade Setup: A Bear Put Spread I will use a trade structure called a “bear put spread.” At the time of writing this, WM was trading at $201. Most trading platforms will offer a bear put spread (or long put spread) as a trade type and automatically construct the trade for you.
Persons: I've, Nishant Pant Organizations: Bollinger Bands, Keltner, Waste Management
London CNN —Police are searching for the parents of three babies who were wrapped in shopping bags and blankets, then abandoned in east London over the past seven years. A court revealed on Monday that baby Elsa, who was found left in a park in cold weather in January, is a sibling of two other newborns, PA Media reported. All three infants were found alive and were quickly cared for, with the oldest two since being adopted, according to PA Media. Like her sister Roman, she was left in very cold January temperatures. The Metropolitan Police said at the time it was “highly likely” that Elsa was born after a “concealed pregnancy,” according to PA Media.
Persons: Elsa, Harry, Roman, snowing, Simon Crick, , ” Crick Organizations: London CNN — Police, PA Media, Police, BBC, London Ambulance Service, Metropolitan Police Locations: London, Newham
A new study has possibly captured that objectively, finding that for teens diagnosed with internet addiction, signaling between brain regions important for controlling attention, working memory and more was disrupted. Specifically, internet ‘addiction,’ which was initially conjured up by (psychiatrist) Ivan K. Goldberg in 1995 as a joke. Das wasn’t involved in the study. “Overall, the mechanisms underlying internet addiction are more like an emerging pattern than a finished picture,” Chang said. “Similar to substance and gambling disorders, internet addiction rewires the brain, making it harder to resist internet related stimuli,” he added.
Persons: , Max Chang, ” Dr, David Ellis, Ellis, wasn’t, Ivan K, Goldberg, , ” Ellis, isn’t, Eva Telzer, ” Telzer, Smita Das, Das wasn’t, Caglar, Yildirim wasn’t, ” Chang, Chang, Yildirim, Das, ” Das, Organizations: CNN — Teens, Mental Health, Brigade, Family Service, University of Bath’s Institute for Digital Security, Disorders, University of North, Chapel Hill, Stanford Medicine, Khoury College of Computer Sciences, Northeastern University, American Psychiatric Association, APA Locations: San Francisco, United States, Asia, China, University of North Carolina, Chapel, California, Boston, APA’s
The University of the Arts president, Kerry Walk, has resigned only a few days after her administration said that the nearly 150-year-old institution in Philadelphia would close because of declining revenue and enrollment, union officials representing school employees told The New York Times on Tuesday. News of the resignation, which earlier appeared in The Philadelphia Inquirer, broke as students were protesting the closure on campus, holding signs with messages including “It’s not noble for artists to suffer” and “We are not trash don’t throw us away.” Union officials told The New York Times that a meeting to start layoff negotiations on behalf of some 450 employees was abruptly canceled Tuesday by the school’s outside legal counsel as faculty learned that Walk was stepping down. “We are appalled,” United Academics of Philadelphia, one of the unions representing employees, wrote in a statement. “This sudden resignation, announced via the media, continues the pattern of disregard and cruelty to which the University of Arts has subjected employees and students.”On Sunday, the University of the Arts posted a statement to its website saying that “despite our best efforts, we could not ultimately identify a viable path for the institution to remain open and in the service of its mission.” It has not commented on Walk’s resignation; she served as university president for less than a year. Before she joined the University of the Arts, Walk was the president of Marymount Manhattan College for eight years.
Persons: “ It’s, Organizations: University of the Arts, Kerry, New York Times, ., Philadelphia Inquirer, , of, University of Arts, Marymount Manhattan College Locations: Philadelphia, ” United, of Philadelphia
CNN: You start “BoyMom” with an interesting fact that baby boys are not nurtured as much as girls. Ruth Whippman: They’re about six weeks behind baby girls (in development), so a baby boy needs more help with self-regulating with emotions. So, boys need more, and they get less. The story is that boys get girls, and women generally tend to be these kinds of side characters that boys get as prizes for being heroes. CNN: How do we as individual men support the boys and men in our lives?
Persons: CNN —, Ruth Whippman, Laura Turbow That’s, , ” Whippman, , influencers, Whippman, there’s, Ruth Whippman's, BoyMom, can’t, it’s, they’d, don’t, Shannon Carpenter, Dad ” Organizations: CNN, Penguin Random House CNN, Boys
While final votes are still being tallied, India’s election authority has confirmed that the NDA coalition had secured the majority needed with 272 seats. Indian Prime Minister Narendra Modi gestures as he arrives at Bharatiya Janata Party (BJP) headquarters in New Delhi, India, on June 4. Adnan Abidi/ReutersSupporters of the Bharatiya Janata Party (BJP) celebrate as they learn early election results on June 04, 2024 in Bengaluru, India. Preliminary results also suggest they have chipped away at BJP seats, including in some of the ruling party’s traditional strongholds. “He comes from a poor background and that helps him understands the people of India,” Varanasi BJP president Dileep Patel previously told CNN.
Persons: Narendra Modi, ” Modi, , Modi, Adnan Abidi, Abhishek Chinnappa, Rahul Gandhi, , , , thirstily, Rajgopal Kashyap, Nilanjan Mukhopadhyay, Surjeet Singh, Christophe Jaffrelot, Dileep Patel, Sunita Gautam, “ Modi Organizations: New, New Delhi CNN, National Democratic Alliance, NDA, Bharatiya Janata Party, BJP, Indian, Reuters, India’s National, Congress, CNN Locations: New Delhi, tatters, India, Bengaluru, Asia, United States, China, Russia, Washington, Delhi, Moscow, Ukraine, , Gujarat, ” Varanasi
The reason for that is mostly the American consumer, with spending accounting for about 70% of gross domestic product. On Thursday, Bank of America CEO Brian Moynihan said that his customers are slowing down the rate of their purchases. Consumer payments, as measured through credit cards, checks and ATM withdrawals, have grown by 3.5% since last year, he said. I’m being careful, slowing things down,’” Moynihan said, referring to both consumers and businesses, at a financial conference in New York. This survey shows that consumers feel just the opposite — optimistic about their own financial standing but not about the macroeconomic environment.
Persons: Brian Moynihan, ’ ” Moynihan, Bell, Peter Torrente, I’m, Elon Musk’s, Allison Morrow, , — “, Glass Lewis, Tesla, Musk, Gary Millerchip, Richard Galanti, Read Organizations: CNN Business, Bell, New York CNN, Bank of America, KPMG, Federal Reserve, Elon, Services, Twitter, SpaceX, Costco Locations: New York, Europe, Texas, Delaware
That's as the chip industry often undergoes 10 quarters of upside after experiencing a downcycle, a pattern that has just begun. However, chip stocks (SOX) change direction 6-9 months ahead of cycle inflection, so semis could potentially peak sometime around 2H25, or another year+ from now," Bank of America said. Bank of America sees major upside potential for both, holding a $1,500 and $1,680 price objective on each. "Industrial/auto chip stocks are less crowded and offer diversification away from AI, with easier compares going into CY25E," the bank said. AdvertisementBank of America holds a price objective of $890 and $650.
Persons: , That's, upcycle Organizations: of America, Nvidia, Broadcom, NXP Semiconductors, KLA Corporation, Service, Bank of America Locations: petering, 2H25, CY25E
Investors may not have sufficiently accounted for the impact of stretched consumer finances on the discretionary sector. We'll review the dichotomy going on in the consumer discretionary sector and give a bearish trade on an outperforming stock once thought to be immune from some of the pressures. To some extent, the haves and have-nots divide explains the difference between the consumer discretionary stocks that have outperformed versus underperformed this year. Horton, YTD However, two industry groups within the consumer discretionary sector have not followed this pattern to the same degree. The trade: Chipotle The best-performing restaurant in the consumer discretionary sector so far this year is Chipotle Mexican Grill Inc. (CMG) up a market-crushing 36.8%.
Persons: Roland Garros, Ralph Lauren, Hermes, Versace, Prada, Calvin Klein, Tommy Hilfiger, Van Heusen, Horton, TOL, D.R, Tesla, Darden, YTD, Chipotle Organizations: Monaco, PVH Corp, IZOD, Carnival Corp, CCL, GM, Grill Inc, Darden, Starbucks Locations: Royal Caribbean, Horton
Rainier...)," Larsen wrote in the email, referring to a snowcapped peak near Seattle, where Amazon is headquartered. Months later, Amazon struck a deal with Shopify that put Buy with Prime on the Shopify merchant marketplace, extending the tool's reach with sellers. Advertisement"When merchants push that metric to >75%, it'll be a good indication that we've found product-market fit," Larsen wrote. To use Buy with Prime, Amazon charges merchants a 3% Prime service fee in addition to fulfillment fees and payment processing fees. However, Piiparinen said the 3% service fee is less than the referral fees merchants pay when selling on Amazon.com.
Persons: , Craig Leslie, Leslie, It's, Peter Larsen, Andy Jassy, Larsen, Santos, Anders Piiparinen, who's, doesn't, Piiparinen, Amazon's, Smart, ZOA, GreatCircleUS.com, Madeline Stone Organizations: Service, Amazon, Business, Bean Coffee Company, Shoppers, Ekrin Athletics, BI, Prime Locations: . Rainier, ., Seattle, Piiparinen, mstone@businessinsider.com
Read previewOne of the most persistent concerns around generative AI is whether the technology will put workers out of a job. Github Copilot can write a lot of code these days, so is it even worth studying computer science now? There's a new data point that helps answer at least part of this question: Students are still lining up in droves to take computer science in college. Related VideoFirst-year applications to UC Berkeley's College of Computing, Data Science, and Society CDSS increased 48% this year. "Generative AI can speed up the more mundane parts of software development, and software developers tend to adopt efficiency tools quickly," he added.
Persons: , That's, Jennifer Chayes, Gavin Newsom, Fei, Fei Li, There's, John DeNero, He's, DeNero Organizations: Service, Business, University of California, UC Berkeley's College of Computing, Data Science, UC Berkeley, Berkeley's College of CDSS, Stanford, Joint California, Science, Google, Berkeley Locations: University of California Berkeley, San Francisco, Lilt
5 tips to turn your anxiety into a positive force
  + stars: | 2024-06-02 | by ( Andrea Kane | ) edition.cnn.com   time to read: +6 min
Most have experienced this sort of anxiety — not clinical anxiety, which might result in a full-on panic attack, but the run-of-the-mill kind that leaves you feeling uncomfortable. She is also the author of “Good Anxiety: Harnessing the Power of the Most Misunderstood Emotion.”“The misunderstanding is that it is valuable,” Suzuki said. 1 reason to learn how to modulate that stress response.”The first step toward getting to “good” anxiety, Suzuki said, is learning how to lower your level of everyday anxiety. To enhance productivity and reduce worry, transform your anxious what-if list into a productive to-do list, Suzuki advised. “This simple act can release dopamine and improve your own mood.”We hope these five tips help you turn your anxiety into something more productive.
Persons: Sanjay Gupta, , Wendy Suzuki, , , ’ ”, Suzuki, ” Suzuki, , Deepak Chopra, Wendy Organizations: CNN, New York University, school’s College of Arts and Science
The S & P 500 is a mere 1.2% from its all-time high, yet only 60% of its member stocks are up for the year and just over 40% last week were above their 50-day moving average. .SPX YTD mountain S & P 500, 1-year We seem to undergo one of these periods of decrying a lack of market breadth every few months in recent years. Bespoke Investment Group last week looked at the small number of past instances when the S & P 500 was so close to a record yet most stocks were beneath a 50-day average. The 100-day correlation between the S & P 500 and the Dow Jones Industrial Average has hit its lowest level since the dot-com bust of the early 2000s, according to CNBC's Data & Analytics group. The S & P 500 at the highs hit 21-times forward earnings, and we've spent very little time above that outside the pandemic melt-up and the tech boom/bust a quarter-century ago.
Persons: Warren Pies, Dow, Scott Chronert, we've Organizations: Investment, 3Fourteen, Nvidia, Treasury, Microsoft, Apple, Dow Jones, Dell Technologies, Citi, UBS Locations: Banks
Why we need to know what time it is on the moon
  + stars: | 2024-06-01 | by ( Ashley Strickland | ) edition.cnn.com   time to read: +6 min
CNN —It’s easy to take the moon for granted as a silvery orb in the night sky, providing a soft light on most evenings. The new system of measurement that NASA and its international partners need to agree on will have to account for the fact that seconds tick by faster on the moon. But it will be crucial for astronauts living in lunar habitats and scooting around in moon buggies who need to know exactly what time it is. We are familyA digital reconstruction of a Bronze Age woman's face is on display at Scotland's Perth Museum and Art Gallery. And now, researchers know what creates their unusual fur pattern: a mutation affecting a gene called KIT, which controls hair color.
Persons: CNN —, Albert Einstein’s, Butch Wilmore, Suni Williams, Joe Skipper, Chris Rynn, Julius Caesar, Gaul, Ari Kankainen, NASA’s Lucy, Ashley Strickland, Katie Hunt Organizations: CNN, NASA, Boeing, Veteran NASA, Perth Museum, Art, Culture, Kinross, CNN Space, Science Locations: North America, Europe, Southern Hemisphere, Culture Perth, Scotland, Indre, France, Finnish, Petäjävesi, Italy
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