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☆ S&P 500 enters June near a record but with growing concerns about the market's narrow leadership
▼ + stars: | 2024-06-01 | by ( Michael Santoli | ) www.cnbc.com time to read: +9 min

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

☆ She’d only known her future husband for five days when he proposed. Here’s what happened when she said yes
▼ + stars: | 2024-05-31 | by ( Francesca Street | ) edition.cnn.com time to read: +15 min

But Meryl and Tim had talked all evening, into the early hours, gradually shuffling closer and closer to one another. And while it had only been five days, Meryl felt certain Tim was “the right person.”“I’d dated other people, and I just never clicked with them,” she says today. Meryl RivettWhen Meryl and Tim crossed paths in September 1981, Meryl was 29. Tim felt the same way. Meryl felt that assuredness too.

Persons: Meryl Gage, Meryl, Tim Rivett, Tim, We’re, we’re, they’d, ”, “, Meryl wriggled, ’ ”, “ I’d, South America Tim, Tim's, Meryl Rivett, She’d, Karen, ’ ” Meryl, Here's Tim Rivett, Meryl Rivett Tim, who’d, ’, “ Meryl, England, Meryl Rivett That’s, hadn’t, gobsmacked, Mike, Jack, –, “ I’m, ” Meryl, Meryl’s, Lisa, Meryl she’d, Tim didn’t, Paul, he’d, Meryl –, Meryl Rivett –, Tim weren’t, ‘, – Tim, Aussie, they’ve, Tim –, ” Tim, who’ve, They’ve, Tim aren’t Organizations: CNN, CNN Travel, South America, Florida State, Miami Beach Locations: South America, South, Florida, backpacked, Europe, London, Kathmandu, Australia, New Zealand, Southeast Asia, Queensland, America, Rio de Janeiro, England, Asia, Nepal, India, Miami, Brazil, Argentina, Iguazu, Patagonia, Colombia, Buenos Aires, Tierra del, Chile, ”, Central America

☆ Mediterranean diet helps women live much longer, a large new study finds
▼ + stars: | 2024-05-31 | by ( Sandee Lamotte | ) edition.cnn.com time to read: +6 min

CNN —Women who closely followed a Mediterranean diet lived much longer than those who did not, according to a new study that followed more than 25,000 women for 25 years. “In this study, adherence to the Mediterranean diet was a proxy for diet quality. Each increase in the adherence to the Mediterranean diet extended life for women, the new study found. In all that data, however, are few details on the specific ways the Mediterranean diet may affect women, especially long-term. “What might be worth noting is that the adherence measure ‘corrects’ for distortions of the Mediterranean diet,” Katz said.

Persons: CNN —, ”, Samia Mora, David Katz, Katz, ” Katz, It’s, Shafqat Ahmad, Ahmad, “ Organizations: CNN, Brigham, Women’s Hospital, Harvard Medical School, True Health Initiative, JAMA, Uppsala University Locations: Boston, Sweden

☆ Foot Locker's new price target and why we're psyched about DuPont's breakup plan
▼ + stars: | 2024-05-31 | by ( Jeff Marks | ) www.cnbc.com time to read: +5 min

That would likely be enough to take on DuPont's water business if they wanted it. Foot Locker's new price target: Shares of Foot Locker are up Friday, a day after gaining 14% in response to a better-than-expected quarter against very low expectations. 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. The Foot Locker logo is displayed in a store in San Francisco, California, on May 19, 2023.

Persons: Jim Cramer, it's, Bullish, Ed Breen, you'd, Breen, We've, Locker, Mary Dillon's, Jim Cramer's, Jim, Justin Sullivan Organizations: CNBC, Dell Technologies, Marvell Technology, DuPont, Nike, Jim Cramer's Charitable Locations: San Francisco , California

☆ Unusual ‘salty licorice’ cats share a newly discovered genetic mutation
▼ + stars: | 2024-05-31 | by ( Amanda Schupak | ) edition.cnn.com time to read: +4 min

“Our research approach is community science,” Lohi, who was corresponding author on the study, told CNN. Researchers dubbed the cats' unusual coat coloring as salmiak, or “salty licorice,” after a popular Finnish candy. Now that salty licorice cats are officially a thing, could they become the next designer breed? “It is possible that breeders will choose to develop a population of salty licorice cats,” Lohi said. “However, the health of the salty licorice cats should be followed in more detail to confirm the absence of any color-related health issues.” Tailored genetic testing could be used to ensure the cats are bred without passing on dangerous genes.

Persons: Hannes Lohi, ” Lohi, Lohi, ”, Greg Barsh, ” Barsh, ” Amanda Schupak Organizations: CNN, University of Helsinki, Genetics, Stanford University Locations: Petäjävesi, Finland, Finnish, New York City

But in closing arguments, one of Mr. Bragg’s prosecutors said that Mr. Cohen had told his lies for Mr. Trump. After the election, Mr. Pecker testified, Mr. Trump summoned him to Trump Tower. The ShowdownEven that did not prove that Mr. Trump had falsified records to disguise his reimbursement of Mr. Cohen. Mr. Trump washed his hands of Mr. Cohen, who turned on the man he had once idolized. Mr. Blanche also argued that Mr. Cohen had profited from his hatred for Mr. Trump with two books and a lucrative podcast deal.

Persons: Donald J, Trump, Juan M, Merchan, anoints, Alvin L, Bragg, Trump’s, Stormy Daniels, Michael D, Cohen, Eduardo Munoz, Daniels, Mr, Michael Cohen, ”, Joshua Steinglass, Cohen “, ” Mr, glowered, Mike Johnson, Biden, “, Donald Trump, Dave Sanders, Biden’s, Todd Blanche, Blanche, Todd Heisler, David Pecker, Pecker, nonchalantly, Hope Hicks, Hicks, Ms, The New York Times “, Justice Merchan, “ You’re, ” Ms, Allen H, Weisselberg, Susan Hoffinger, Cohen’s, Joe Piscopo, giddily, Hoffinger, Jean Carroll, Bragg’s, Wesley Parnell, Michael Rothfeld Organizations: White, Republican, Convention, Office, Reuters, Mr, Credit, The New York Times, Democratic, New York Times, National Enquirer, Trump, Playboy, Street Journal, New, Hells Angels Locations: American, Manhattan —, Lower Manhattan, —, Florida, Washington, Georgia, New York, Manhattan, Trump’s Midtown Manhattan, Tahoe, Nev, America

☆ I lost my hair. Then I found myself.
▼ + stars: | 2024-05-31 | by ( Sara Dubnow | ) www.businessinsider.com time to read: +14 min

For more than a year, I had been dealing with my progressive hair loss and clamoring for some sort of control. I launched into the story of my hair loss journey, attempting to convey the stress and uncertainty that had defined the past year. I purchased a long brown human hair wig that initially looked natural in the shop lighting. I learned I had a lot to learn; there was a whole "wearing hair" subculture with special lingo that I knew nothing about. I accepted that I have hair loss and I'm aging, and one day, I'll look in the mirror, and it won't be just my hair that's changed.

Persons: Bangs, Barbie, I'm, I'm balding, Scissor, Rogaine, —, didn't, LaCroix, hadn't, Kim Kardashian, Instagram, Emilie, I'd, Moira Rose Organizations: Business, Melrose Locations: Los Angeles

☆ Live Updates: Scripps National Spelling Bee Will Crown a New Champion
▼ + stars: | 2024-05-30 | by ( Emmett Lindner | ) www.nytimes.com time to read: +4 min

Tarini Nandakumar of Austin, Texas, competing Tuesday in a preliminary round of this year’s Scripps National Spelling Bee. The Scripps National Spelling Bee brings together more than 200 of the top elementary school spellers in the United States in a rigorous, three-day competition. Credit... Evelyn Hockstein/ReutersIn a recent regional spelling bee where he secured a place at Scripps, he was asked to spell brume. Bee week is quite the bash. Tarini, who also studies classical Indian dance and singing, advised Scripps newcomers not to stress.

Persons: Tarini, Logan Edwards, Logan, Pranav Nandakumar, Vanathi Senthurkani, ” Logan, Evelyn Hockstein, brume, “, ”, Sasha Kenlon, Scripps Organizations: Scripps, Spelling, Merriam, Webster, Texas, M University, ., Reuters, Washington, 173rd, 192nd Locations: Austin , Texas, United States, Rock , Texas, Greer, S.C, South Carolina, North Africa, Park City , Utah

☆ The charts say more pain for Salesforce could be ahead in the short-term before bottoming
▼ + stars: | 2024-05-30 | by ( David Keller | ) www.cnbc.com time to read: +4 min

What do the charts say after this sudden 20% drop in price? After making a new all-time high of around $318 in early March, Salesforce demonstrated choppy, sideways price action into mid-April. A gap lower in price pushed CRM below its 50-day moving average, which often serves as an early warning sign of an impending trend change. From mid-April until this week, Salesforce has again settled into a sideways price range, this time between $268 and $290. While CRM was in a somewhat precarious position leading into this week, the gap lower post-earnings represented a sudden revaluation for this former technology leader.

Persons: Let's, Salesforce, we'd, it's, David Keller Organizations: CRM, CMT

☆ Trump found guilty in hush money trial
▼ + stars: | 2024-05-30 | by ( Jeremy Herb | ) edition.cnn.com time to read: +5 min

CNN —A Manhattan jury found Donald Trump guilty of all 34 charges of falsifying business records Thursday, an unprecedented and historic verdict that makes Trump the first former president in American history to be convicted of a felony. And if he defeats President Joe Biden in November, he will be the first sitting president in history to be a convicted felon. The verdict in the hush money trial was announced after jurors deliberated for nearly 12 hours over two days. Manhattan District Attorney Alvin Bragg speaks to the media after a jury found former President Donald Trump guilty on 34 felony counts of falsifying business records, on Thursday, May 30, in New York. “There’s only one way to keep Donald Trump out of the Oval Office: At the ballot box,” Biden wrote on X, linking to a fundraising page.

Persons: Donald Trump, he’s, Joe Biden, ” Trump, ”, Attorney Alvin Bragg, Michael Cohen, Cohen, Stormy Daniels, Trump, Bragg, Donald J, Seth Wenig, Daniels, Juan Merchan, Todd Blanche, CNN’s Kaitlan Collins, “, ” Blanche, Biden, ” Biden, ” Michael Tyler, Hunt, Mike Johnson, Kaanita Iyer, Annie Grayer, Celina Tabor, Kara Scannell, Lauren del Valle, Laura Dolan Organizations: CNN, Trump, White, CNN Manhattan, Attorney, Democrat, Manhattan, Republican National Convention, GOP, “ Locations: Manhattan, “, New York, Milwaukee, Celina

☆ Costco shares dip despite earnings beat. There's no cause for investor concern
▼ + stars: | 2024-05-30 | by ( Jeff Marks | ) www.cnbc.com time to read: +8 min

On an annual basis, Costco's EPS grew 29%. After closing at a record $815.34 per share Thursday, Costco's stock declined about 1.5% in extended trading. Core merchandise was flat on a reported basis, but a two-basis-point improvement when excluding the impact of gasoline. Costco's reporting segment for so-called "other" items saw a 57-basis-point benefit on a reported basis and a 56-basis-point benefit ex-gas. Costco's inflation update remained encouraging.

Persons: We're, Ron Vachris, Gary Millerchip, Vachris, Millerchip, Costco didn't, that's, Richard Galanti, Jim Cramer's, Jim Cramer, Jim Organizations: Costco Wholesale, Costco, LSEG, Wholesale, Walmart, Club, Amazon, CNBC, Costco Self, Ucg, Getty Locations: U.S, Canada, Queens , New York

☆ I had nightmares and started drinking heavily because I was so burned out at work. Quitting was the only way out.
▼ + stars: | 2024-05-30 | by ( Jamie Killin | ) www.businessinsider.com time to read: +8 min

Harley Davidson was my first opportunity to work on the client side of marketing, not the agency side. AdvertisementThis pattern became more unhealthy at Harley Davidson. He was telling me, "You're going to be the president of Harley Davidson. Shortly after, I started drinking heavily to cope with the stress and help myself fall asleep. AdvertisementI quit Harley Davidson in September 2016, and I stopped having nightmares.

Persons: —, Shelley Paxton, Hagen Dazs, I'd, Harley Davidson, wouldn't, You've, Harley, I've Organizations: Service, Business, Boston College, AOL, Visa, Global Integrated Marketing, Omnicom Media Locations: Minneapolis, East, Boston, Chicago, Europe, Istanbul, United States, Shanghai, France, New Zealand, Canada, Italy

☆ Fed's Williams says inflation is too high but will start coming down soon
▼ + stars: | 2024-05-30 | by ( Jeff Cox | ) www.cnbc.com time to read: +3 min

NEW YORK — New York Federal Reserve President John Williams on Thursday said inflation is still too high but he is confident it will start decelerating later this year. With markets on edge over the direction of monetary policy, Williams offered no clear signs on where he is leaning as far as possible interest rate cuts go. Williams called policy "well-positioned" and "restrictive" and said it is helping the Fed achieve its goals. But higher than expected inflation readings have altered that landscape dramatically, and current pricing is pointing to just one decrease, probably in November. Williams said he expects PCE inflation to drift down to 2.5% this year on its way back to 2% in 2026.

Persons: John Williams, Williams, CNBC's Sara Eisen, Dow Jones Organizations: Federal Reserve Bank of New, York Federal, Economic, of New, Fed, Commerce Department Locations: Federal Reserve Bank of New York, New York, York, of New York

☆ Brené Brown's No. 1 tip for learning from your mistakes
▼ + stars: | 2024-05-30 | by ( Aditi Shrikant | ) www.cnbc.com time to read: +1 min

You might think being hard on yourself after a professional or personal faux pas will help you to not make that same mistake in the future. Oftentimes this isn't the case, though, says Judy Ho, a neuropsychologist and professor at Pepperdine University. New York Times bestselling author and a professor at The University of Houston, Brené Brown echoes the sentiment that being excessive self-scrutiny doesn't make you stronger. "The core of mental toughness is actually self-compassion," Brown said on her podcast "Unlocking Us" in 2022. "People who are mentally tough stay mentally tough because they don't slip easily into shame or self-criticism or self-loathing."

Persons: Judy Ho, Ho, Brené Brown, Brown Organizations: Pepperdine University, New York Times, The University of Houston, Stanford University's Center for Compassion, Education

A small group of stocks are on the verge of forming a worrisome chart pattern known as a "death cross ." A death cross occurs when a stock's 50-day moving average falls below its 200-day average. Baxter International Stock in medical equipment maker Baxter International is also on the verge of a death cross. Other stocks nearing a death cross chart pattern include Illinois Tool Works and Abbott Laboratories . While the golden cross suggests a potential uptrend, ITW is now approaching the bearish death cross chart pattern only five months later.

Persons: Goldman Sachs, Bonnie Herzog, Clorox, TD Cowen, Joshua Jennings, Baxter, Jennings, Abbott's Organizations: Nasdaq, CNBC, Baxter International Stock, Baxter, Abbott Laboratories ., Tool, Abbott Laboratories, U.S . Food, Drug Administration Locations: Hillrom, Illinois, U.S

☆ May Monthly Meeting: Jim Cramer reveals stocks to buy right now in this tough market
▼ + stars: | 2024-05-30 | by ( ) www.cnbc.com time to read: 1 min

May Monthly Meeting: Jim Cramer reveals stocks to buy right now in this tough marketThe market may be in a choppy holding pattern, but there are quality names to consider. Join Jim Cramer and Jeff Marks as they update their positions on every stock in the portfolio.

Persons: Jim Cramer, Jeff Marks

☆ The charts say this energy stock is showing signs of leadership that must be respected
▼ + stars: | 2024-05-29 | by ( Frank Cappelleri | ) www.cnbc.com time to read: +4 min

One of the best performing stocks in the underperforming energy sector looks ready for another potential up leg, according to the charts. The Energy Select Sector SPDR ETF (XLE) has underperformed the S & P 500 thus far in 2024, but with a year-to-date gain of about 8.5%, it's actually the fifth best sector out of 11. From the closing low in May 2023 to its recent closing high on April 5, it gained a whopping 109%. However, when the stock finally emerged from that condition a year ago, demand resurfaced, and the strong advance commenced. Lastly, even after MPC's recent 20% decline, the stock has drastically outperformed both the XLE Energy ETF and the S & P 500 since the COVID lows.

Persons: it's, haven't, Said, XLE, Frank Cappelleri Organizations: Marathon Petroleum, MPC, Marathon Oil, ConocoPhillips, XLE Energy

The bombs used in the Israeli strike that killed dozens of Palestinians in a camp for displaced people near Rafah on Sunday were made in the United States, according to weapons experts and visual evidence reviewed by The New York Times. U.S. officials have been encouraging the Israeli military for months to increase the use of GBU-39 bombs in Gaza because they are generally more precise and better suited to urban environments than larger bombs, including U.S.-made 2,000-pound bombs that Israel routinely uses. “This is the smallest munition that our jets can use.”In response to questions from The Times, the Israeli military declined to specify the munition used. Image A fire raging after an Israeli strike on a camp for displaced people northwest of Rafah in southern Gaza on Sunday night. Credit... Reuters“The Israelis have said they used 37-pound bombs,” John Kirby, a White House spokesman said at a briefing on Tuesday.

Persons: Trevor Ball, Ball, Alam Sadeq, Woodward, Alam, Salam, Biden, ”, Daniel Hagari, Admiral Hagari, ” John Kirby, Larry Lewis, Mr, Lewis, “, Wes J, Bryant, —, ” Mr, ” Neil Collier, Eric Schmitt, Aaron Boxerman, Ainara Tiefenthäler, Shawn Paik Organizations: The New York Times, The Times, U.S . Army, U.S, Credit, New York Times, Kuwaiti Al, Israel, Reuters, Pentagon, State Department, American Air Force, Times Locations: Rafah, United States, U.S, Israel, Palestinian, Colorado, Kuwaiti, Gaza

☆ Harvey Weinstein retrial: New accusers have come forward, prosecutor says
▼ + stars: | 2024-05-29 | by ( Jean Casarez | ) edition.cnn.com time to read: +5 min

NEW YORK CNN —A Manhattan prosecutor said Wednesday a new indictment against Harvey Weinstein is possible as additional accusers have come forward with claims against the powerful Hollywood producer whose downfall became a symbol of the #MeToo movement. That trial similarly used “prior bad acts” witnesses and has also been appealed. In addition, three other women testified at trial as “prior bad acts” witnesses. They argued the “prior bad acts” witnesses should not have been allowed to testify and the court should not have given prosecutors the ability to question Weinstein about instances of verbal abuse and bullying on cross-examination. In sexual assault cases, their testimony can turn a difficult “he said, she said” case into a more convincing “he said, they said” case.

Persons: Harvey Weinstein, Nicole Blumberg, Justice Curtis Farber, “, ”, Weinstein, Blumberg, ” Blumberg, –, ” Weinstein, Arthur Aidala, Miriam “ Mimi ” Haley, Haley, ” Aidala, Farber, CNN Weinstein, Love, Jessica Mann, Mann, Prosecutors, – Dawn Dunning, Tarale Wulff, Lauren Young –, uncharged Organizations: YORK CNN, Hollywood, Manhattan Supreme, ” Prosecutors, New, ”, CNN, Weinstein’s Locations: Manhattan, “, Los Angeles, Hollywood, York, New York

☆ I've studied longevity for 35 years: Here's the 1 habit I won't change even for a longer life
▼ + stars: | 2024-05-29 | by ( Renée Onque | ) www.cnbc.com time to read: +3 min

Here's one thing that Longo says he isn't planning on changing, even if it could increase his chances of living longer. 35 years later, he's serving as the director of the Longevity and Cancer Laboratory at the IFOM Institute of Molecular Oncology in Milan, Italy. Growing up in Italy, Valter Longo was fascinated by what leads to longevity , especially when it comes to diet. "I don't have lunch Monday through Friday, and then I have a big dinner," he adds. Longo understands that it would "probably be better to have a big lunch and a smaller dinner.

Persons: Longo, Valter Longo, that's Organizations: Cancer Laboratory, IFOM, Molecular Oncology, Longevity, Leonard Davis School of Gerontology, University of Southern, University of Southern California -, CNBC Locations: Milan, Italy, University of Southern California, University of Southern California - Los Angeles

☆ Alito tells lawmakers he will not recuse from Supreme Court cases despite flag controversy
▼ + stars: | 2024-05-29 | by ( John Fritze | ) edition.cnn.com time to read: +8 min

“The two incidents you cite do not meet the conditions for recusal,” Alito wrote in a letter distributed by the Supreme Court. Supreme Court justices rarely get into a back-and-forth with lawmakers and many members of the court do not explain their reasons for recusing – or not. Video Ad Feedback See how GOP lawmakers reacted to Judge Alito's flag controversy 01:24 - Source: CNNThe Supreme Court is weighing major cases tied to the 2020 election and the attack on the US Capitol. From Google“I had no involvement in the decision to fly that flag,” Alito wrote. Justice Alito also told Fox News the neighbor used the term “c*nt” at one point during the exchanges.

Persons: Samuel Alito, ” Alito, Alito, recusing, Alito's, Donald Trump’s, Jack Smith’s, “, –, Martha, Ann Alito, Samuel Alito's, Illinois Sen, Dick Durbin, ” Durbin, ”, ” Sen, Sheldon Whitehouse, Clarence Thomas ’, —, Sen, Richard Blumenthal, CNN’s Kaitlan Collins, John Roberts, Thomas, Hank Johnson, Alito’s, ” Johnson, Trump, Justice Alito, “ Alito, SCOTUS, Roe, Wade, CNN’s Piper Hudspeth Blackburn, Kate Sullivan, Jack Forrest, Morgan Rimmer, Tierney Sneed, Holmes Lybrand Organizations: CNN, Supreme, Trump, US Supreme, Google, ’, recusal, Democratic, Illinois Democrat, Rhode Island Democrat, Connecticut Democrat, Georgia Democrat, United States Supreme, New York Times, Fox News, Times, Republicans Locations: Alexandria, Virginia, New Jersey, Long Beach, Illinois, Connecticut, Georgia, House

The bombs used in the Israeli strike that killed dozens of Palestinians in a camp for displaced people near Rafah on Sunday were made in the United States, according to weapons experts and visual evidence reviewed by The New York Times. Munition debris filmed at the strike location the next day was remnants from a GBU-39, a bomb designed and manufactured in the United States, The Times found. U.S. officials have been pushing Israel to use more of this type of bomb, which they say can reduce civilian casualties. The key detail in the weapon debris was the tail actuation system, which controls the fins that guide the GBU-39 to a target, according to Trevor Ball, a former U.S. Army explosive ordnance disposal technician, who earlier identified the weapon on X. The weapon’s unique bolt pattern and slot where the folding fins are stowed were clearly visible in the debris, Mr. Ball said.

Persons: Trevor Ball, Ball Organizations: The New York Times, The Times, U.S . Army Locations: Rafah, United States, U.S, Israel

☆ Black passengers sue American Airlines, alleging they were thrown off a plane because of false body odor complaint
▼ + stars: | 2024-05-29 | by ( Marnie Hunter | ) edition.cnn.com time to read: +3 min

CNN —A lawsuit filed Wednesday on behalf of three Black men alleges “blatant and egregious race discrimination” by American Airlines when they were removed from a flight. An American Airlines representative approached each of the men before takeoff, the complaint said, ordering them off the plane. “(O)nce they reached the jet bridge, they saw that several other Black men were also being removed from the plane. In fact, it appeared to Plaintiffs that American had ordered all of the Black male passengers on Flight 832 off the plane,” the complaint reads. American representatives told the men a complaint about body odor had prompted their removal, according to the suit.

Persons: Alvin Jackson, Emmanuel Jean Joseph, Xavier Veal –, “, ”, Y’all, “ Plaintiffs Organizations: CNN, American Airlines, American, Cell, Airlines, NAACP Locations: Phoenix, JFK, New York City

☆ US soldiers were stranded on beached Army boats after a storm broke apart the US-built aid pier in Gaza
▼ + stars: | 2024-05-28 | by ( Konstantin Toropin | ) www.businessinsider.com time to read: +6 min

Read previewThe Pentagon said Tuesday that US soldiers had been stuck on three Army boats beached in Gaza over the weekend after high seas and a storm broke apart an aid pier the service built to deliver food to starving Palestinians. Along with the beachings of the Army boats, the storm also battered and broke apart the aid pier — a Joint Logistics Over-the-Shore, or JLOTS, operation by the Army — leaving the future of the key US humanitarian effort uncertain. A truck carries humanitarian aid across Trident Pier, a temporary pier to deliver aid, off the Gaza Strip, amid the ongoing conflict between Israel and the Palestinian Islamist group Hamas, near the Gaza coast, May 19, 2024. AdvertisementHowever, this is also not the first hurdle that the aid mission has encountered since it was announced by President Joe Biden during his State of the Union speech months ago. US Army soldiers and US Navy sailors assemble the floating pier in the Mediterranean Sea to assist in the delivery of humanitarian aid to Gaza.

Persons: —, Sabrina Singh, Military.com, Singh, Joe Biden, you'll Organizations: Service, Pentagon, Army, US Central Command, Business, Hamas, Trident, U.S . Army, REUTERS, US Army, US Navy, US Army Central, Reuters Locations: Gaza, Israel, Palestinian, Ashdod, Tenerife, Africa

☆ The S&P 500 was up more than 10% in the first 100 trading days of 2024. Here's what typically happens next
▼ + stars: | 2024-05-28 | by ( Hakyung Kim | ) www.cnbc.com time to read: +1 min

The S & P 500 's strong first 100 trading days of 2024 is a good omen for the rest of the year, according to Bank of America technical research strategist Stephen Suttmeier. As of May 23, the 100th trading day of 2024, the S & P 500 rallied more than 10% for the year. .SPX YTD mountain S & P 500 year to date Historically, when the S & P 500 rises 10% or more in the first 100 days of any year, the index is higher the rest of the year 76% of the time, the strategist said. In this case, the average return comes in at 7.1%, with a higher median return of 9.3%. If 2024 followed that pattern, the S & P 500 would stand at 5650 shortly before Labor Day, based on the May 23 close, Bank of America said.

Persons: Stephen Suttmeier, Suttmeier, — CNBC's Michael Bloom Organizations: Bank of America, Labor

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