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Nov 7 (Reuters) - “Captain America” actor Chris Evans was named People Magazine’s "sexiest man alive" for 2022 on Monday, following his Marvel co-star Paul Rudd having the title in 2021. “My mom will be so happy,” Evans told People in an interview. Despite his many Hollywood accolades, the “Gray Man” star has aspirations outside of acting, which include marriage and fatherhood. Evans said, “That’s absolutely something I want.”“Some things you want just for you, or just for my family and my friends. Reporting by Danielle Broadway and Rollo Ross in Los Angeles Editing by Matthew LewisOur Standards: The Thomson Reuters Trust Principles.

☆ Stock futures mostly unchanged as election results start roll in
▼ + stars: | 2022-11-08 | by ( Paul R. La Monica | ) edition.cnn.com time to read: +2 min

New York CNN Business —US stocks were mostly unchanged in after-hours trading as results from Tuesday’s midterm elections rolled in. If Republicans take at least one chamber of Congress, that will likely result in more gridlock, which the market usually loves. Investors are more than happy when politicians bicker but don’t actually enact any new laws that may hurt corporate profits. S&P 500 futures were down 0.1%, and the Nasdaq Composite was down 0.01%. Early results on election night can be very different from the final outcome once all the votes are tallied.

☆ Stocks rise as US midterms get underway
▼ + stars: | 2022-11-08 | by ( Paul R. La Monica | ) edition.cnn.com time to read: 1 min

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☆ Trump-linked SPAC stock goes bonkers ahead of midterms
▼ + stars: | 2022-11-08 | by ( Paul R. La Monica | ) edition.cnn.com time to read: +2 min

The blank check firm that might merge with former President Donald Trump’s media company has soared in the past week due to expectations that Trump may soon announce a 2024 presidential run. Digital World Acquisition Corp., a so-called special purpose acquisition company, or SPAC, soared an astonishing 66% on Monday. Digital World Acquisition Corp., or DWAC for short, announced plans in October 2021 to acquire Trump Media & Technology Group, owner of the Truth Social app, a right-leaning alternative to Twitter. Still, the big move in DWAC shares is a bit curious, if for no other reason than the fact that a deal with Trump’s company may not actually happen. But despite some partisan hopes that a deal will actually occur, the numerous delays and other legal headaches have weighed on DWAC shares.

☆ What will the Fed do next? Follow the economy, not what Jerome Powell says
▼ + stars: | 2022-11-07 | by ( Paul R. La Monica | ) edition.cnn.com time to read: +4 min

But Fed Chair Jerome Powell dashed those hopes during his press conference when he talked about how the Fed is still extremely worried about inflation. Here’s the thing, though: Investors are paying way too much attention to what Powell and other Fed members are saying about the economy and not focusing enough on numbers that show how the economy is actually doing. So much can change and there is always a constant flood of new data (and new speeches from Fed policy makers) to digest and parse. Keep an eye on that data more than Fed speeches and volatile interest rates futures. And the fed funds rate futures are going to keep changing based on what the latest economic reports look like.

☆ Special Report: Voting-system firms battle right-wing rage against the machines
▼ + stars: | 2022-11-06 | by ( Helen Coster | ) www.reuters.com time to read: +19 min

Across the country, election officials have received hundreds of threats or menacing messages that cite debunked conspiracies involving the machines. Some have alleged without evidence that Dominion machines were rigged in plots involving Chinese communists, Venezuelan socialists or Antifa, the loosely organized U.S. anti-fascist movement. Among those calling for Louisiana to ditch Dominion machines is the state’s Republican National Committeewoman, Lenar Whitney. Authorities in the heavily Republican state acknowledge that their aging Dominion machines, most of them bought in 2005, are outdated. Dominion machines remain in use in 14 of Nevada’s 17 counties.

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☆ Stocks week ahead: How the midterms could affect Wall Street
▼ + stars: | 2022-11-06 | by ( Paul R. La Monica | ) edition.cnn.com time to read: +8 min

Investors are more than happy when politicians bicker but don’t actually enact any new laws that may hurt corporate profits. If Republicans get the House, tax hikes are dead in the water,” said David Wagner, a portfolio manager with Aptus Capital Advisors. That’s because there are some areas of consensus for the White House and Republican lawmakers. Congress and the White House may spend more time bickering than trying to pass legislation. Ameriprise chief market strategist Anthony Saglimbene said on a conference call last week about the midterms that stocks have historically gone up after elections, no matter which party controls the White House and Congress.

☆ Paul Pelosi Released From Hospital After Hammer Attack
▼ + stars: | 2022-11-03 | by ( Natalie Andrews | Michelle Hackman | ) www.wsj.com time to read: 1 min

House Speaker Nancy Pelosi said her husband was released from a San Francisco hospital Thursday, nearly a week after he was attacked by a man with a hammer who broke into their home, an assault that underscored the threat of political violence as the U.S. heads into the midterm elections. “Paul remains under doctors’ care as he continues to progress on a long recovery process and convalescence,” Mrs. Pelosi said in a statement Thursday afternoon. “He is now home surrounded by his family who request privacy,” she said.

☆ Premarket Stocks: Wall Street's recent love affair with the Fed could turn on a dime
▼ + stars: | 2022-11-02 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +6 min

New York CNN Business —Fed decision day is here — and so is some potential bad news for the market. Part of that was thanks to solid corporate earnings: Companies from GM to Coca-Cola reported strong profits and sales for the third quarter. We’ve been here before: This isn’t the first time investors rushed into markets on the belief that there would be a Fed pivot. Investors are seemingly addicted to the highs and lows of any perceived shifts in the Fed’s thinking, leaving markets excessively volatile. What’s more, only 66 companies have gone public so far this year, down more than 80% from a year ago.

☆ Democrat Tina Kotek faces off against Republican Christine Drazan in Oregon's gubernatorial election
▼ + stars: | 2022-11-02 | by ( Hanna Kang | ) www.businessinsider.com time to read: +3 min

Democrat Tina Kotek is running against Republican Christine Drazan, independent Betsy Johnson, and three others in Oregon's gubernatorial race. Just months after being elected, she was chosen by her peers to become the state House minority leader. While serving as the Republican leader of the Oregon House, Drazan opposed the governor's emergency COVID-19 orders and fought against implementing additional taxes. Prior to personally serving in office, Drazan was the chief of staff for Oregon House Speaker Mark Simmons. Her opponent, Drazan, has raised $17 million and spent nearly $16.3 million, while Johnson has raised just over $16.9 million and spent $16.1 million.

☆ Premarket stocks: Why America's job market hasn't imploded
▼ + stars: | 2022-11-01 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +6 min

Mortgage rates are at their highest levels since 2002, consumer spending and business investment is falling and the Federal Reserve is fighting persistent inflation with higher interest rates. “While job openings should continue to fall in the months ahead, the fact that they remain well above normal levels should continue to support strong job growth, possibly all the way into 2023,” said David Kelly, chief global strategist at JPMorgan Funds. The job market is good for workers but it’s not good for inflation. The problem is that this time around, the shape of the job market is different. Oil stocks and health care companies are leading the market, with Chevron (CVX), Merck (MRK) and Amgen (AMGN) topping the Dow leaders list.

☆ IPO market has unraveled this year
▼ + stars: | 2022-11-01 | by ( Paul R. La Monica | ) edition.cnn.com time to read: +4 min

But there’s another beast, albeit a mythical one, that has been pretty much absent from the stock market all year: Unicorns. According to data from IPO research firm Renaissance Capital, that was the slowest October for the IPO market since 2011. Many hope to do so instead in 2023 if the broader market improves. With that in mind, other unicorns could go public in 2023 if the IPO window opens up again. Crypto king FTX, sports merchandise leader Fanatics, Fortnite owner Epic Games and mobile bank app Chime are among the top 2023 IPO candidates, according to Wall Street analysts.

☆ Stocks: Dow on track for best month in more than 45 years
▼ + stars: | 2022-10-31 | by ( Paul R. La Monica | ) edition.cnn.com time to read: +3 min

New York CNN Business —The Dow fell slightly midday Monday but is still up 14% this month, putting it on track for its best monthly gain since January 1976. Still, it’s fitting that on Halloween, candy maker Hershey (HSY) is trading at an all-time high, Shares are up nearly 25% this year. That’s nearly half of the Dow stocks. Oil stocks and health care companies are leading the market, with Chevron (CVX), Merck (MRK) and Amgen (AMGN) topping the Dow leaders list. This list of well known, brand-name stocks trading at record highs is further proof of that point.

☆ The Fed may have to blow up the economy to get inflation under control
▼ + stars: | 2022-10-30 | by ( Paul R. La Monica | ) edition.cnn.com time to read: +7 min

Jobs report also on tapThe Fed meeting takes place just two days before the nation will get its next report card on the labor market. Another jobs report, from payroll processor ADP, is also due out next week, and this one looks just at Corporate America. The government said in the September jobs report that average hourly earnings rose 5% in the past 12 months. The Fed typically prefers to see wage growth in the 2% to 3% annual range as a sign that inflation is under control. Discovery, Starbucks (SBUX), PayPal (PYPL), Amgen (AMGN) and Block (SQ)Friday: US jobs report; earnings from Cardinal Health (CAH), Duke Energy (DUK) and Hershey (HSY)

☆ With U.S. midterms ahead, Musk's Twitter takeover raises fear of misinformation wave
▼ + stars: | 2022-10-28 | by ( Joseph Ax | ) www.reuters.com time to read: +6 min

Republicans say many social media platforms are biased against them, and numerous conservative Twitter accounts - including Republican politicians - on Friday welcomed Musk's takeover. Democrats fear that Trump supporters will promote far-right views or false claims of election fraud on Twitter if permitted. Since his ban, Trump has launched his own social media app, Truth Social, and has said he will not return to Twitter even if Musk reinstates him. Conservatives have accused the site of censoring their view points for political reasons, an allegation Twitter has denied. Rapper Kanye West, whose Twitter account was suspended for posting anti-Semitic remarks, appeared to be active again on Friday.

Internet celebrity turned boxer Jake Paul will fight UFC legend Anderson Silva on October 29. Paul vs. Silva will be a Showtime pay-per-view event airing October 29 at 9 p.m. How to watch Paul vs. SilvaYou can watch Paul vs. Silva on October 29 at 9 p.m. Paul vs. Silva (PPV Fight) Internet celebrity turned boxer Jake Paul will fight UFC legend Anderson Silva on October 29. Paul vs. Silva fight card

Here is a summary of significant cases filed ahead of the Nov. 8 election and where they stand. The case is now before the Nevada Supreme Court, which earlier this month blocked officials from livestreaming the count ahead of election day. And in North Carolina, Republicans lost a bid to shorten the deadline for election officials to receive mail ballots from Nov. 14 to Nov. 11. Another lawsuit in Illinois, challenging the counting of mail ballots up to two weeks after election day, is pending. In Texas, the Justice Department and civil-rights groups are challenging a wide-ranging 2021 state law that criminalizes many voter outreach efforts.

☆ Dow surges more than 800 points on the back of record oil profits
▼ + stars: | 2022-10-28 | by ( Paul R. La Monica | ) edition.cnn.com time to read: +2 min

Solid earnings from Apple and record profits from oil giants Chevron and Exxon Mobil were enough to counter the weak outlook from the retail and cloud giant. The Dow, which has Apple (AAPL) and Chevron (CVX) as two of its 30 members, surged nearly 830 points, or about 2.6%, in afternoon trading Friday. Apple (AAPL) was up nearly 8% while Chevron (CVX) rose nearly 1%. The S&P 500 is up more than 3% and even the Nasdaq, despite some weak tech earnings, has gained nearly 2%. The Dow has surged more than 14% in October, putting it on track for its best month since January 1976.

☆ TGIF! Stocks closing out week with a pop thanks to Apple and oil
▼ + stars: | 2022-10-28 | by ( Paul R. La Monica | ) edition.cnn.com time to read: 1 min

☆ Venezuelan migrants stranded in Mexico
▼ + stars: | 2022-10-26 | by ( Jeremy Schultz | ) www.reuters.com time to read: 1 min

Venezuelans Marilin de Los Angeles Medero Pina (R) and her 15-year-old son Hector Alejandro Medina Medero are pictured on the banks of the Rio Grande after they tried to cross into the United States, but were told by U.S. Border Patrol that they...moreVenezuelans Marilin de Los Angeles Medero Pina (R) and her 15-year-old son Hector Alejandro Medina Medero are pictured on the banks of the Rio Grande after they tried to cross into the United States, but were told by U.S. Border Patrol that they should go back because of new migration enforcement orders from the Biden Administration in Ciudad Juarez, Mexico, October 18. Hector suffers from a sickness which he need treatment for, and the family was detained multiple times in Mexico, forcing them to delay their arrival to the border. REUTERS/Paul RatjeClose

☆ Paul Ryan says 'anybody not named Trump' has the best chance of winning the White House in 2024
▼ + stars: | 2022-10-26 | by ( Cheryl Teh | ) www.businessinsider.com time to read: +3 min

He` said "anybody not named Trump" would have a better shot at the White House in 2024. "That new swing voter in American politics is the suburban voter, and it's really clear the suburban voter doesn't like Trump, but they like Republicans," Ryan said. "So I think anybody not named Trump, I think is so much more likely to win the White House for us." "Any one of these candidates would make a fine president, and most importantly, will win the White House." In June, Ryan also praised Rep. Tom Rice for being one of 10 House Republicans who voted to impeach Trump after the Capitol riot.

☆ Earnings have been mostly good. Just avoid the tech wreck
▼ + stars: | 2022-10-26 | by ( Paul R. La Monica | Cnn Business | ) edition.cnn.com time to read: +4 min

Corporate earnings have actually been, to quote "Curb Your Enthusiasm's" Larry David, pretty, pretty good. The Dow was up more than 300 points, or 1%, while the S&P 500 gained 0.6%. what used to be dubbed FAANG stocks before name and ticker changes) make up a big chunk of the weighting of the S&P 500. Nearly three-quarters of the S&P 500 companies that have reported earnings so far have topped forecasts. So the weaker earnings are more a function of higher costs as opposed to a significant slowdown in sales.

☆ Stock picking isn't dead. But it might as well be for most investors
▼ + stars: | 2022-10-25 | by ( Paul R. La Monica | ) edition.cnn.com time to read: +4 min

Index funds tend to be cheaper. Obviously, index provider S&P Global (SPGI) has a vested interest in promoting passive funds backed to various benchmark indexes. Even legendary investing guru Warren Buffett of Berkshire Hathaway (BRKB) has extolled the virtues of index funds for average investors. He noted that just one of every four active funds beat their passive benchmarks over the ten years ending in June. That’s why some investors aren’t singing a funeral dirge for active stock picking – just yet.

☆ Stock market keeps rallying even though consumers feel lousy
▼ + stars: | 2022-10-25 | by ( Paul R. La Monica | ) edition.cnn.com time to read: +3 min

New York CNN Business —Consumers may be worried about inflation and rising interest rates. But don’t tell that to Wall Street. So why is the market in rally mode even though consumers are worried about the rising price of just about everything? So even though consumers and businesses may feel lousy every time they buy something and see how much it costs…they are still spending. The famous saying about Wall Street is that markets are forward looking.

☆ NBA roundup: Zion Williamson injured in Pelicans' OT loss to Jazz
▼ + stars: | 2022-10-24 | by ( ) www.reuters.com time to read: +5 min

CJ McCollum had 28 points and 12 assists to lead the Pelicans, who overcame a 17-point fourth-quarter deficit to force the extra period despite losing Brandon Ingram and Zion Williamson to injury. James had 31 points, eight rebounds and eight assists, Anthony Davis had 22 points and 10 rebounds and Lonnie Walker IV scored 15 points for the Lakers. Rudy Gobert added 15 points and 15 rebounds for Minnesota, while Karl-Anthony Towns also scored 15. Jeremiah Robinson-Earl added 15 points. Curry had six 3-pointers to account for a majority of his 28 points in the first two periods, contributing to the 89 first-half points, which were the fifth-most in NBA history.

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