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Flood watches are in effect for 12 million people in Central and Northern California. The cyclone will send a pair of warm and cold fronts over Northern California, which is already rain-soaked. “When you have more water vapor in the air because the air is warmer — you can transport more water vapor quickly,” Ralph said. Although some smaller reservoirs in Northern California have filled up, larger reservoirs still have the capacity to absorb more. “I think we will have largely alleviated the short-term drought in Northern California," Swain said.

☆ Salesforce's cost-cutting plan is a much-needed move for an economic downturn
▼ + stars: | 2023-01-04 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +5 min

Salesforce (CRM) laid out a cost-cutting plan on Wednesday that is a step in the right direction for the banged-up Club holding. I know that Starboard would've liked double that [number of layoffs] because that's how bloated they think that Salesforce became." Salesforce is the latest tech company to slash headcount as business slows down from Covid-fueled growth and recession fears mount. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.

☆ Happy Fed Year: What’s on deck for the central bank in 2023
▼ + stars: | 2022-12-30 | by ( Alicia Wallace | ) edition.cnn.com time to read: +6 min

Minneapolis CNN —America’s central bank found itself in a glaring spotlight for much of this past year, as Federal Reserve Chairman Jerome Powell wielded blunt tools of interest rate hikes and quantitative tightening to curb surging inflation. That means the Fed, with its “laser focus on the job market,” could be “continually hawkish” at the start of 2023, said Ross Mayfield, investment strategy analyst at Baird. “This latent strength in the job market could be the reason that the Fed over-tightens,” he told CNN. Jerome Powell, chairman of the US Federal Reserve, from right, Lael Brainard, vice chair of the board of governors for the Federal Reserve System, and John Williams, president and chief executive officer of the Federal Reserve Bank of New York, during a break at the Jackson Hole economic symposium in Moran, Wyoming, on Aug. 26, 2022. That’s 0.2 percentage points higher than the 4.4% rate they were expecting in September and significantly higher than the current 3.7% rate.

Some of their daughters echoed that reminder, adding that they think the trend has helped counteract ageism on TikTok, which has become more commonplace. She thinks younger generations view this trend as a glimpse into the future and what they could look like as mothers. “I think this has to be one of my favorite trends on TikTok that I’ve participated in,” Ramirez said. Her video, which has over 721,000 views, shows her mom in high-waisted jeans, a white cropped corset and heels. “That made me feel excited because I feel like it kind of boosted [her] confidence in a way,” Morris said.

☆ There should be consolidation in the streaming industry, says Morris Mark
▼ + stars: | 2022-12-29 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThere should be consolidation in the streaming industry, says Morris MarkMorris Mark, Mark Asset Management CEO, joins 'TechCheck' to discuss his thoughts on Disney and Netflix, the rest of the streaming landscape and more.

☆ Watch CNBC's full interview with Mark Asset Management's Morris Mark
▼ + stars: | 2022-12-29 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with Mark Asset Management's Morris MarkMorris Mark, Mark Asset Management CEO, joins 'TechCheck' to discuss his thoughts on Disney and Netflix, the rest of the streaming landscape and more.

☆ NBA roundup: Nets sink Cavs for 9th straight win
▼ + stars: | 2022-12-27 | by ( ) www.reuters.com time to read: +5 min

While Garland made 14 of 20 shots and finished with his fourth 40-point game of his career, Donovan Mitchell was held to 15 points. Kevin Durant scored 32 points but fouled out for the sixth time in his career when he bumped Garland with 1:54 remaining. Isaiah Stewart had 21 points, Killian Hayes tossed in 18 with 10 assists and Jalen Duren added 15 points and 12 rebounds. Bennedict Mathurin put up 15 points and Myles Turner scored 14 to lead the Pacers, who finished a 2-1 road trip. Lauri Markkanen led the Jazz with 32 points and 12 rebounds.

☆ Meet 3 remote workers who negotiated for better pay, workplace flexibility, or the right to quiet quit — and won
▼ + stars: | 2022-12-27 | by ( Jason Lalljee | ) www.businessinsider.com time to read: +7 min

Remote work has become increasingly popular, and make-or-break for many Americans when choosing jobs. Workers are using their current bargaining power to ask for better pay, flexibility, and work-life balance. Insider talked to three remote workers about how they did so. That's because remote work has changed his life for the better, he said. "Work was definitely a thorn in my side that really affected my entire life," she told Insider.

☆ From the McRib to the Choco Taco, here are 6 foods we lost in 2022
▼ + stars: | 2022-12-26 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +4 min

Chili’s Original Chicken TendersChili's replaced its Original Chicken Crispers with something crispier, as pictured here. Honest TeaRIP Honest Tea. Weeks after Coke’s announcement, the founders of Honest Tea launched another bottled iced tea drink called Eat the Change. Wendy’s Vanilla FrostyWendy's vanilla Frosty will come back eventually. Let’s be clear: the Vanilla Frosty isn’t gone for good.

☆ The renewed 'Made in America' wave is going to make stuff like clothing and electronics more expensive
▼ + stars: | 2022-12-22 | by ( Jacob Zinkula | ) www.businessinsider.com time to read: +6 min

It's in response to the supply chains disruptions companies have faced in recent years. The headaches US corporations have faced are leading more of them to bring their supply chains closer to home and more under their control. Just under half (46%) said they were adjusting supply chains, and around a third (32%) said they were onshoring their workforce. But if more companies shift their supply chains closer to home, this could slowly begin to change. If reshoring companies have to raise wages to attract workers, they may decide to raise prices even further to protect their margins.

☆ Hunter Biden hires attorney Abbe Lowell to beef up legal team
▼ + stars: | 2022-12-21 | by ( Sarah Fitzpatrick | Sarah Fitzpatrick Is A Senior Investigative Producer | Story Editor For Nbc News. She Previously Worked For Cbs News | ) www.nbcnews.com time to read: +2 min

Hunter Biden has added a high-powered attorney to his legal team amid an ongoing federal probe and plans by Republicans to make him a key focus of investigations when they take control of the House next month. Abbe Lowell, of the firm Winston and Strawn, will be primarily responsible for coordinating Hunter Biden’s response to anticipated congressional oversight investigations, as well advising on other legal issues and overall strategy, an attorney for Hunter Biden told NBC News on Wednesday. "Hunter Biden has retained Abbe Lowell to help advise him and be part of his legal team to address the challenges he is facing,” the attorney, Kevin Morris, said. "Lowell is a well-known Washington based attorney has represented numerous public officials and high profile people in DOJ investigations and trials as well as Congressional Investigations. Mr. Lowell will handle congressional investigations and general strategic advice."

☆ Costco CEO's cautious consumer outlook justifies our near-term view on the stock
▼ + stars: | 2022-12-19 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +7 min

Craig Jelinek, chief executive officer of Club holding Costco (COST), said Monday he sees a more-vigilant consumer this holiday shopping season and potentially beyond. Consumer behavior Jelinek highlighted a number of stronger areas for Costco, including its Kirkland-branded products across a number of categories. "Our food [and] sundry business, our fresh business, our travel business, continues to be strong," Jelinek added. Looking ahead to next year, Jelinek said Costco is taking stock of the economic uncertainty and factoring that into its merchandising plans. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

☆ NFL roundup: Vikings pull off biggest NFL comeback, clinch division
▼ + stars: | 2022-12-18 | by ( ) www.reuters.com time to read: +2 min

[1/3] Dec 17, 2022; Minneapolis, Minnesota, USA; Minnesota Vikings place kicker Greg Joseph (1) celebrates his game winning field goal against the Indianapolis Colts after the game at U.S. Bank Stadium. With the win, the Minnesota Vikings clinched the NFC North. Minnesota trailed 33-0 at halftime before orchestrating the largest comeback victory in NFL history. Kirk Cousins was 34-of-54 passing for 460 yards and four touchdowns for Minnesota, with two interceptions. Matt Ryan was 19-of-33 passing for 182 yards and a touchdown in defeat for the Colts (4-9-1).

☆ The world's biggest chipmaker is making a multi-billion dollar investment in the US even though it'll cost way more to make chips there. Here's why it decided to do it anyway.
▼ + stars: | 2022-12-17 | by ( Jacob Zinkula | ) www.businessinsider.com time to read: +4 min

Taiwan-based TSMC, the world's biggest chipmaker, announced a $40 billion investment in Arizona last week. That's despite TSMC's founder previously calling US chip production an "expensive exercise in futility." In the event China — which claims the island as its own — invades the island and chip production screeches to a halt, there could be trillions of dollars in economic losses. First, the cost of chip production in the US might not ultimately be "50% more expensive." The factories will be partially subsidized by the US government through the CHIPS and Science Act, a package passed in August that provided $52 billion to boost US semiconductor chip production.

☆ A Republican is seeking to throw out his daughter's absentee ballot after she voted for his Democratic opponent, a report says
▼ + stars: | 2022-12-17 | by ( Alia Shoaib | ) www.businessinsider.com time to read: +3 min

Baio is seeking to throw out his daughter's absentee ballot, who voted Democratic. Tom Baio, a Mendham Township committeeman, lost his re-election bid to his Democratic challenger Lauren Spirig by three votes, according to the Observer-Tribune. Baio told the paper that among those is his daughter, Ariana Baio, who he said voted for the Democratic candidate. The statement claimed that Duarte's adult daughter voted despite living in Knoxville, Tennessee. "Local and county Republican operatives are trying to pit neighbor against neighbor."

☆ Meta's stock, down 64% this year, could be set for a rebound in 2023
▼ + stars: | 2022-12-16 | by ( Paulina Likos | ) www.cnbc.com time to read: +4 min

JPMorgan Friday upgraded Club holding Meta Platforms (META) on the back of increased cost discipline and receding headwinds in 2023. And we agree that Meta's stock, one of the worst performers in the S & P 500 this year, could be poised to make a comeback — but only if management takes greater steps to rein in spending. Analysts at JPMorgan lifted the bank's designation on Meta's stock to overweight, or buy, from neutral, while raising their price target to $150 a share from $115. The revisions come with Meta's stock down more than 64% year-to-date. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.

☆ Opposition to U.S. school vaccine mandates rose during pandemic -survey
▼ + stars: | 2022-12-16 | by ( Shawana Alleyne-Morris | ) www.reuters.com time to read: +2 min

That was up from 16% in a 2019 Pew Research Center poll conducted before the COVID-19 pandemic, KFF researchers said. Most were either unvaccinated or had received just one of two recommended doses of MMR vaccine, according to City of Columbus Public Health. Opposition to required childhood inoculations was strongest among those who identified as Republican in the survey, with 44% now opposed to childhood school vaccine mandates, up from 20% before the pandemic. Among those identifying as Democrats, 88% still support school vaccine mandates. Although childhood vaccine recommendations are made by the CDC's Advisory Committee on Immunization Practices, school immunization requirements are set by individual states.

☆ 14 Best Gifts for Dog Lovers
▼ + stars: | 2022-12-15 | by ( ) www.wsj.com time to read: +10 min

Browse the ideas below, and take a look at our roundups of expert-approved products to keep your pet calm and the best gifts for cat lovers too. For the bakerThe Dash Dog Treat Maker—a small waffle iron with bone-shaped plates—lets your pal whip up homemade dog treats. Dockx eased her golden retriever’s separation anxiety while she was at work with a Snuggle Puppy, a plush toy with a battery-powered heartbeat. To brush up on dog speak, DeWillems recommends “Doggie Language: A Dog Lover’s Guide to Understanding Your Best Friend,” which decodes canine body language through illustrations that highlight subtle nuances in their mannerisms. For the devoted dog dadDog Dad Hats Custom Dog Dad Hats $69 at Dog Dad HatsAny proud parent will dig a Dog Dad Hat, with a custom embroidered illustration of their pet’s portrait.

☆ An economic soft landing is possible — we just don't know when, asset manager says
▼ + stars: | 2022-12-15 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAn economic soft landing is possible — we just don't know when, asset manager saysAlex Morris, CEO of Genoa Asset Management, discusses the Fed's decision to raise its benchmark interest rate and says a soft landing that avoids a hard recession is possible, but nobody knows when.

Earlier, much smaller U.S. studies conducted in the mid-1980's had suggested roughly 60,000 people are diagnosed with Parkinson's disease each year. The estimated economic cost is $52 billion annually in the United States alone, according to a report of the study published in npj Parkinson's Disease. Fox Foundation for Parkinson's Research obtain increased funding for research and access to care. A separate study by Beck's team recently put the number of U.S. patients living with Parkinson's disease at nearly 1 million, whereas earlier estimates had been closer to 650,000, he said. "Because the U.S. population is aging, a lot of people are going to be entering the health system with Parkinson's disease," Beck said, "and there are only about 700 neurologists in the country who specialize in movement disorders."

☆ California and the Midwest face 'high risk' of electricity shortages in next five years
▼ + stars: | 2022-12-15 | by ( Catherine Clifford | In Catclifford | ) www.cnbc.com time to read: +5 min

Projected energy shortfalls have been projected in that region since 2018, Olson said. The Southwest could also suffer when demand is high and wind energy generation is low in the region. For its annual long-term electricity security assessment, NERC looks at the coming decade, but energy and capacity risk assessment goes out for the coming five years, from 2023 to 2027. There are too many moving parts and uncertainties for a risk assessment past the next five years to be worthwhile, according to NERC. The Federal Energy Regulatory Commission certified NERC to measure and enforce safety standards for the energy grid in the United States in 2006.

☆ Why tech insiders are so excited about ChatGPT, a chatbot that answers questions and writes essays
▼ + stars: | 2022-12-13 | by ( Jonathan Vanian | ) www.cnbc.com time to read: +6 min

Lately, Zwingmann has been generating lecture notes using ChatGPT, a new chatbot that's quickly become the latest fad in tech. ChatGPT automatically generates text based on written prompts in a fashion that's much more advanced and creative than the chatbots of Silicon Valley's past. Five days after OpenAI released ChatGPT, Altman said that the chat research tool "crossed 1 million users!" ChatGPT is essentially a variant of OpenAI's popular GPT-3.5 language-generation software that's been designed to carry conversations with people. While ChatGPT is free, OpenAI sells access to its underlying language and related AI models for businesses to use.

CNN —Local officials in Nevada, New Mexico and Georgia have received federal subpoenas for records related to the 2020 election as the Justice Department’s investigation intensifies in battleground states. In addition, the Cobb County, Georgia, election board received an FBI subpoena this week, according to Ross Cavitt, the county’s communications director. In late December 2020, Georgia Secretary of State Brad Raffensperger announced an audit found “no fraudulent absentee ballots” with a 99% confidence. CNN reported Monday that Smith had also subpoenaed Raffensperger as part of the Justice Department’s investigation. Clark County, Nevada’s most populous county, and Arizona’s secretary of state’s office also refuted claims of voter fraud after the 2020 election.

☆ Texas Longhorns men’s basketball coach is arrested on a felony family violence charge
▼ + stars: | 2022-12-12 | by ( The Associated Press | ) www.nbcnews.com time to read: +1 min

AUSTIN, Texas — Texas men’s basketball coach Chris Beard was arrested early Monday on a felony family violence charge, according to Travis County Jail records. The charge is a third-degree felony in Texas, with a possible punishment of two to 10 years in prison. Before coming to Texas, he led Texas Tech to the 2019 NCAA Tournament championship game. Texas freshman guard Arterio Morris also faces a misdemeanor family violence charge stemming from a June arrest after an incident with a former girlfriend and faces a Wednesday court hearing in Denton County near Dallas. Morris’ attorney Justin Moore has said Moore is innocent of the assault charge.

CNN —Special counsel Jack Smith has subpoenaed Georgia Secretary of State Brad Raffensperger as part of the Justice Department’s investigation into efforts to overturn the 2020 election and the US Capitol attack on January 6, 2021. Mike Hassinger, public information officer with the Georgia secretary of state’s office, confirmed that Raffensperger’s office has received a subpoena from Smith. “At the request of the Justice Department, we have no further comment,” Hassinger said in an email to CNN. Smith has also issued a flurry of subpoenas, including to election officials in battleground states where Trump tried to overturn his loss in 2020. And there’s nothing wrong with saying that, you know, um, that you’ve recalculated,” Trump said in one part of the call.

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