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☆ I didn't change my name after I got married despite being traditional in other ways. It doesn't make me less in love.
▼ + stars: | 2024-05-20 | by ( Danielle Hayden | ) www.businessinsider.com time to read: +3 min

I got engaged at 23 and married my college sweetheart in a big church wedding. I didn't like how that felt, seeing last names that didn't match. To this day, I still sometimes get cards in the mail from family members addressed to Danielle James or even Danielle Hayden James, his last name tacked on right after my own. That doesn't make them any less "in love" or any less of a family unit. And once, when we rented a car, an employee didn't believe we were married and, therefore, both were permitted to drive, despite our wedding rings and my insistence.

Persons: I've, James, you've, Danielle Hayden …, Danielle James, Danielle Hayden James, I'm, —, didn't, Hayden Organizations: Facebook

☆ Scottie Scheffler was arrested, then came back to shoot 5-under par at the PGA Championship
▼ + stars: | 2024-05-19 | by ( Ramon Sanchez | Ray Sanchez | ) edition.cnn.com time to read: +11 min

John Mills enjoyed working security at Valhalla Golf Club, his family says. 1 golfer Scottie Scheffler was handcuffed by police Friday morning. When Scheffler exited the vehicle, the officer shoved Scheffler against the car and immediately placed him in handcuffs.”Darlington attempted unsuccessfully to intervene. “The police officers around the patrol car in which Scottie Scheffler was in had no idea he was even Scottie Scheffler,” Darlington said on air. He was proceeding as directed by another traffic officer and driving a marked player’s vehicle with credentials visible,” Romines said in a statement, referring to Scheffler.

Persons: Scottie Scheffler, Scheffler, didn’t, John Mills, ”, “, ” Scheffler, Mills, Craig Greenberg, ” Mills, Collin Morikawa, Bryan Gillis, Gillis, ” Scheffler “, abrasions, Jeff Darlington, Scheffler “, ” Darlington, Darlington, …, ’, Steven Romines, Romines, Scottie, Josh Abner, Mike O’Connell, Andrew Redington, “ Let’s, ’ ” Scheffler Organizations: CNN, PGA, Valhalla Golf, Louisville Metro Police Department, WDRB, Valhalla Golf Club, Lexus, ESPN, Police, “ Locations: Louisville , Kentucky, Shelbyville, Valhalla, ” Darlington, Louisville, “, Jefferson County

☆ Eric Molitor was acquitted on charges related to the Gretchen Whitmer kidnapping plot. Now he’s running for sheriff
▼ + stars: | 2024-05-19 | by ( Alison Main | ) edition.cnn.com time to read: +6 min

CNN —A man acquitted last year on charges linked to a 2020 plot to kidnap Michigan Gov. Gretchen Whitmer is now looking to unseat an incumbent county sheriff. Eric Molitor has filed to run in the Republican primary this August against Trent Taylor, the sheriff of deep-red Wexford County in Northern Michigan. Taylor told CNN he believes he’s constitutionally obligated to enforce the state’s laws and that it would be “reckless” not to do so, as Molitor has said he would. Molitor told CNN his experience opened his eyes to flaws in the justice system.

Persons: Gretchen Whitmer, Eric Molitor, Trent Taylor, ”, Taylor, “, Molitor, Whitmer, he’s, ” Taylor, ” Molitor, we’ve, Dan Pfannes, Pfannes, MAGA, Donald Trump’s “, Trump, Michele Lundgren, Dana Nessel, ’ ”, CNN’s Lauren del Valle, Veronica Stracqualursi, Josh Campbell, Michelle Watson Organizations: CNN, Michigan, Republican, Democrat, Michigan State University, Northern, Capitol, Michigan House, Democrats, The Michigan Sheriffs ’ Association, Michigan Democratic Party, MAGA Republican, Michigan Republicans won’t, Republican Party Locations: Wexford County, Northern Michigan, Cadillac , Michigan, Michigan, Wexford

☆ It's going to be a long summer for the stock market
▼ + stars: | 2024-05-18 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +4 min

The stock market is headed for a disappointing few months. And I think we should also be prepared to see some nasty aggressive selloff along the way," Morrison said. "Political volatility is, in itself… going to trip over stock market volatility," McGough warned. More extreme forecasters have predicted a market crash as steep as 65%, as equities mirror previous bubbles. You're probably going to come back without the material move one way or the other," McGough said.

Persons: there's, —, David Morrison, Morrison, Will McGough, McGough Organizations: Service, Wall Street, Business, Trade, Dow Jones Industrial, Federal Reserve, Prime Capital Investment Advisors, Fed, New York Fed, Treasury

☆ World's top golfer Scottie Scheffler arrested on charges of assaulting officer at PGA championship event
▼ + stars: | 2024-05-17 | by ( Kevin Breuninger | ) www.cnbc.com time to read: +1 min

Mugshot of PGA Golfer Scott Alexander Scheffler, arrested for assault on police after trying to enter PGA Championship venue. Scottie Scheffler, the top golfer in the world, was taken into custody Friday and charged with felony assault on a police officer and reckless driving outside of a PGA championship event in Kentucky. The Louisville Metropolitan Department of Corrections website showed that Scheffler was booked at 7:28 a.m. local time. The status of Scheffler's arrest and the charges against him were not immediately clear. A spokesperson for the PGA did not immediately respond to CNBC's request for comment.

Persons: Scott Alexander Scheffler, Scottie Scheffler, Scheffler Organizations: PGA, Valhalla Golf, ESPN, Louisville Metropolitan Department of Corrections Locations: Kentucky, Valhalla, Louisville

☆ Scottie Scheffler arrested outside PGA Championship and charged with assault on police officer
▼ + stars: | 2024-05-17 | by ( Jillian Martin | Michelle Krupa | ) edition.cnn.com time to read: +4 min

1 golfer and Masters champion Scottie Scheffler is facing four charges following his arrest outside the PGA Championship in Louisville, Kentucky, Friday morning. Video from Darlington shows police walking with Scheffler, who was in handcuffs, and placing him into a police vehicle. When Scheffler exited the vehicle, the officer shoved Scheffler against the car and immediately placed him in handcuffs,” Darlington posted on X. Scheffler was in a marked player courtesy vehicle, Darlington said on ESPN. PGA Championship organizers announced Friday’s second round would be delayed “due to an accident near the course” and said general public shuttles to the course have resumed. Scheffler last week stepped away from competitive action to be with wife Meredith as she gave birth to the couple’s first child, Bennett.

Persons: Scottie Scheffler, Scheffler, –, He’s, ” Scheffler, ESPN’s Jeff Darlington, ”, “ Scheffler, ” Darlington, Darlington, Friday’s, Dave Flemming, Jeff Darlington, Arnold Palmer, Augusta –, Meredith, Bennett, “ Organizations: CNN, PGA, Louisville Metro Department of Corrections, Scheffler, America, “, Valhalla Golf, Darlington, ESPN, WAVE, Arnold Palmer Invitational, RBC Heritage Locations: Louisville , Kentucky, Jefferson County, Valhalla, Scheffler, Louisville

☆ The Dow tends to take a breather after surpassing big, round numbers
▼ + stars: | 2024-05-17 | by ( Brian Evans | ) www.cnbc.com time to read: +2 min

Now that the Dow Jones Industrial Average has made headlines by crossing the 40,000 level for the first time ever on Thursday, what comes next? History shows the 128-year-old-average tends to pull back a bit after crossing large, round number thresholds. "History tends to confirm that the market typically takes a breather after eclipsing millennium milestones." Bear market declines of 20% or more also happened just 5% of the time. .DJI 1Y mountain The 30-stock Dow crossed the 40,000 level on Thursday after flirting with the threshold in April.

Persons: Sam Stovall, Stovall, Dow Organizations: Dow Jones, Dow, Walmart, Nasdaq Locations: 39,8907.88

☆ Scottie Scheffler climbs PGA Championship leaderboard hours after arrest
▼ + stars: | 2024-05-17 | by ( Brody Miller | ) www.nytimes.com time to read: +6 min

Scheffler faces charges of second-degree assault of a police officer, third-degree criminal mischief, reckless driving and disregarding traffic signals from an officer directing traffic. Scheffler’s arraignment is scheduled for Tuesday at 9 a.m., according to online court records, two days after the PGA Championship is scheduled to end. The PGA of America and Louisville Mayor Craig Greenberg said in separate statements that their primary concern was with Mills’ family. AdvertisementWhen Scheffler stopped the car, an officer opened the door to arrest him, Darlington reported. Scheffler, the defending Masters champion and winner of four of his last five starts, entered Friday tied for 12th place.

Persons: — Scottie Scheffler, Scheffler, ” Scheffler, John Mills, Louisville Mayor Craig Greenberg, Mills, ” Greenberg, “, ”, ESPN’s Jeff Darlington, Scheffler “, Bryan Gillis, Gillis, Darlington, ” John Bradley, ‘ I’m, I’m, Steven Romines, teed, — Ben Burrows, Michael Reaves Organizations: PGA, Golf, Louisville Metro Police, America, Louisville Mayor, ” Police, Louisville Police Department, Louisville Metropolitan Department of Corrections, Louisville, Louisville police Locations: LOUISVILLE, Ky, Louisville, Valhalla

☆ How ESPN’s Jeff Darlington landed at the center of the Scottie Scheffler arrest story
▼ + stars: | 2024-05-17 | by ( Eva Rothenberg | ) edition.cnn.com time to read: +4 min

Darlington and Scheffler had arrived at the course around the same time in preparation for the tournament. In a video posted on X an hour later, Darlington follows the police officers as they lead Scheffler away. He’s going to jail and there’s nothing you can do about it.” one officer told Darlington, referring to Scheffler. “The police officers around the patrol car in which Scottie Scheffler was in had no idea he was even Scottie Scheffler,” Darlington clarified on air. Attorney Steve Romines, who represents Scheffler, told CNN affiliate WLKY that the golfer bypassed police because of a misunderstanding.

Persons: Jeff Darlington, Scottie Scheffler, Scheffler, Darlington, –, ”, Dave Fleming, ” Darlington, ” Scheffler, He’s, Steve Romines, “, they’d, ” Romines Organizations: New, New York CNN, ESPN, PGA, Darlington, CNN, Louisville Metro Department of Corrections, WLKY, Valhalla Golf Locations: New York, Louisville , Kentucky, Scheffler, Valhalla, Darlington, Jefferson County

☆ Young Thai activist’s death in detention after 65-day hunger strike sparks calls for justice reform
▼ + stars: | 2024-05-15 | by ( Helen Regan | Kocha Olarn | ) edition.cnn.com time to read: +7 min

She had been in jail since January 26 and was awaiting trial, according to legal advocacy group Thai Lawyers for Human Rights. While in detention, Netiporn went on a 65-day hunger strike until April to protest the jailing of political dissidents without bail, the group said. Panu Wongcha-Um/Reuters/FileThe activist faced seven criminal cases, including two lese majeste charges. Those attending included Panusaya “Rung” Sithijirawattanakul, a fellow activist who also faces lese majeste charges for her involvement in the 2020 protests. At least 270 people have been charged with lese majeste during that time, the group added.

Persons: Thailand’s, ”, “, Netiporn, Thalu Wang, Thais, Panu, Panusaya, lese, Srettha Thavisin, Srettha, Strettha, Mongkol Thirakhot, majeste, Akarachai Chaimaneekarakate, Akarachai Organizations: CNN, ” Thailand’s Corrections Department, Thammasat University Hospital, Thai Lawyers for Human Rights, Thai Corrections Department, Bangkok Criminal Court, Thailand’s Ministry, Justice, Rights, United Nations Human Rights Council, European Union Locations: Bangkok, Thailand, Thai, lèse

☆ Anti-Monarchy Activist in Thailand Dies After Hunger Strike
▼ + stars: | 2024-05-14 | by ( Sui-Lee Wee | ) www.nytimes.com time to read: +1 min

To Netiporn Sanesangkhom, the right to dissent and to question Thailand’s powerful monarchy belonged to all Thais. On Tuesday, her crusade to highlight this cause in the face of the country’s strict ban on royal criticism ended in her death. Ms. Netiporn, also known as Bung, 28, was one of Thailand’s most prominent activists calling for changes to the monarchy. She died after a hunger strike that she began in prison on Jan. 27 to pressure the Thai authorities to put an end to jailing political activists. For more than two months, Ms. Netiporn refused food, water and all forms of medication.

Persons: Netiporn Sanesangkhom, Netiporn, Netiporn’s Organizations: Thais, Department of Corrections, Thai Party Locations: Thai

☆ A software consultant trading stocks on the side is up 318% in 2024. He shares the stock screener he uses to find the trades he makes.
▼ + stars: | 2024-05-11 | by ( Laila Maidan | ) www.businessinsider.com time to read: +8 min

He was 13 when he first heard about trading stocks. Finally, he filters for volume with the "50-day average volume"— the average number of shares traded daily over 50 days — above 25,000 shares. He had been watching Nvidia's chart since December, and it had a consistent 200-day moving average trend upward. As of January 3rd, it held above its 50-day moving average, bouncing off resistance points around $8.83 and $8.94 with minor pullbacks. The stock had a strong 150- and 200-day average uptrend.

Persons: Leoš, Benjamin Graham's, William O'Neil, Mark Minervini, Norman Zadeh, Mikulka Organizations: Investor's, Gamestop, US, Business, Apple, Nvidia, Mitsubishi UFJ Financial, Holdings Locations: Prague, IBD

☆ Bitcoin price may not retest this year's highs for another five months
▼ + stars: | 2024-05-10 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +3 min

"It could take three to five months for bitcoin to re-test recent highs," H.C. Wainwright analyst Mike Colonnese told CNBC. BTC.CM= 3M mountain Bitcoin has fallen 11% this quarter Bitcoin miners offer high beta exposure to bitcoin and have historically outperformed it during bull cycles, he added. Colonnese also pointed out that corrections between 25% and 30% are "par for the course" for bitcoin, even in bull cycles. "Looking at previous price cycles, bitcoin has historically peaked between one to one and a half years after a halving event with the bull stage running longer in each subsequent cycle," Colonnese said. "Assuming a similar duration for this bull stage of the price cycle, bitcoin may not reach its cycle peak until October 2025," Colonnese added.

Persons: it's, bitcoin, Wainwright, Mike Colonnese, Wolfe, Rob Ginsberg, Colonnese, Bitcoin, It's, — CNBC's Michael Bloom Organizations: U.S, Metrics, CNBC, Wolfe Research

☆ Jim Cramer says the sell off may be over, pointing to corrections in Big Tech
▼ + stars: | 2024-05-06 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

CNBC's Jim Cramer said the market sell-off may have reached an end, noting that the averages rallied on Monday and "maybe the worst is behind us." '"I think the sell-off could finally be over," he said. "Stop waiting for a correction to give you better buying opportunities, we just had one for heaven's sake." Cramer listed several tech companies that have had notable losses over the past few months, including Nvidia and Microsoft . Microsoft rallied after solid earnings and cloud business success, according to Cramer, but it still declined along with the rest of the market.

Persons: CNBC's Jim Cramer, Cramer, he's Organizations: Nvidia, Microsoft, Federal

Judge Juan Merchan hit Trump with his 10th gag order violation Monday, along with a warning of jail. Merely fining Trump $1,000 per violation has not been a sufficient deterrent, the judge said. Advertisement"The last thing I want to do is put you in jail," Merchan added. AdvertisementMerchan fined Trump an additional $1,000 for violating his gag order on Monday, bringing the total amount Trump has now been fined for breaching the order to $10,000. Last week, the former president was fined $9,000 for violating his gag order nine other times.

Persons: Juan Merchan, Trump, —, Donald Trump's, Merchan, incarcerating Trump, Stormy Daniels, Trump's, Michael Cohen, Daniels Organizations: Trump, Service, Secret Service, —, GOP, Prosecutors, Daniels Locations: York, Manhattan, United States

☆ Opinion | Jail for the Chief? There’s a Better Punishment.
▼ + stars: | 2024-05-06 | by ( Jonathan Alter | ) www.nytimes.com time to read: +1 min

Before summoning the jury on Monday, Justice Juan Merchan directly addressed the defendant, whom he called “Mr.” and not President Trump. In a measured and by-the-book tone that showed no hint of his exasperation, Merchan told Donald Trump that he had now found him in contempt of court on a 10th charge. Each carries a $1,000 fine, the most allowed by New York State law. “The magnitude of that decision is not lost on me,” Merchan said. “But at the end of the day, I have a job to do.” Trump’s offenses, he noted calmly, represented “a direct attack on the rule of law, and I cannot allow that to continue.”

Persons: Juan Merchan, ”, Trump, Merchan, Donald Trump, ” Merchan, jailing Trump Organizations: New York, Secret Locations: New York State, United States

☆ While Boeing's passenger planes glitch, NASA is entrusting the company's spaceship with 2 astronauts' lives
▼ + stars: | 2024-05-04 | by ( Morgan Mcfall-Johnsen | ) www.businessinsider.com time to read: +10 min

Boeing is about to fly NASA astronauts to the International Space Station for the first time. Still, the FAA, NASA, and other aerospace experts have questioned Boeing's overall safety culture. NASA astronauts Butch Wilmore and Suni Williams conduct suited operations in the Boeing Starliner simulator at NASA's Johnson Space Center. This Crew Flight Test mission is over a decade in the making. He added that those calculations are for a full 210-day mission, while Whilmore's and Williams's test flight lasts just one week.

Persons: —, NASA's Butch Wilmore, Suni Williams, Butch Wilmore, Robert Markowitz They're, jetliner, AeroSystems, Bill Nelson, Kim Shiflett, George Nield, Bjorn Fehrm, Fehrm, KPIs, Doug Loverro, Baz Ratner, Bill Ingalls, Steve Stich, Nield, We've, Wilmore, Starliner, Whitmore, Williams Organizations: Boeing, NASA, International Space Station, FAA, Service, Defense, Boeing's, International Space, Space Center, ISS, Max, NTSB, AP, Alaska Airlines, United Airlines, Federal Aviation Administration, Department of Justice, Atlas, Cape Canaveral Space Force, Space Transportation, New York Times, Leeham, Business, Ethiopian, Ethiopian Airlines, Aerospace, Committee, White, Bill Ingalls NASA, US, Spaceflight Locations: Portland, Florida, It's, New Mexico

☆ In Charlotte, a City Mourns Its Officers, and Asks What Went Wrong
▼ + stars: | 2024-04-30 | by ( Eduardo Medina | ) www.nytimes.com time to read: 1 min

As a corrections officer in North Carolina, Sam Poloche had long found being out in the field much more rewarding than working at a desk. So, in 2013, he eagerly joined a task force led by the U.S. Marshals Service, assisting in serving warrants across the western part of the state. “It was just something he loved,” his wife, Cielo Poloche, said. By the time she arrived at the hospital, her husband had died.

Persons: Sam Poloche, ”, Cielo Poloche, “, Poloche Organizations: U.S . Marshals Service Locations: North Carolina, Charlotte

☆ Hunter Biden demands that Fox News remove ‘intimate’ images from its platforms
▼ + stars: | 2024-04-29 | by ( Holmes Lybrand | Dana Bash | ) edition.cnn.com time to read: +3 min

Hunter Biden’s legal team has undertaken an aggressive legal and public relations strategy for several months. His lawyers have fired off letters demanding investigations into Hunter Biden’s opponents and filed a series of lawsuits against his detractors. Hunter Biden’s lawyers say they “anticipate” suing Fox but have not yet done so. This stepped-up strategy by Hunter Biden to defend himself against the onslaught of attacks initially stoked anxiety among some of President Biden’s political advisers. Hunter Biden has pleaded not guilty to those criminal charges.

Persons: CNN — Hunter Biden, Joe Biden’s, Hunter Biden, “, Biden, Hunter Biden’s, Hunter, ”, Biden’s, Fox, ” Hunter, Alexander Smirnov, Fox News “, Sean Hannity, Maria Bartiromo, Jesse Watters “, don’t Organizations: CNN, Fox, Fox News, FOX Corp, FOX, FBI, Republican Locations: Delaware, California

☆ Columbia student protestors are demanding ‘divestment.’ Here’s what the university has divested from in the past
▼ + stars: | 2024-04-27 | by ( Clare Duffy | Ramishah Maruf | ) edition.cnn.com time to read: +7 min

Columbia University Apartheid Divest submitted a formal proposal to the committee for withdrawing investments related to Israel in December, which has yet to yield success. Students at Columbia College, the university’s undergraduate school, voted to support the divestment proposal last week. Heading a nationwide South Africa divestment movementCurrently, Columbia lists five areas where it refrains from investing: tobacco, private prison operations, thermal coal, Sudan and fossil fuels — all decisions that were made in the past decade. In April 1985, students led a three-week student demonstration against Columbia’s investments in South Africa, the New York Times reported at the time. Pete Seeger, right, speaks to the crowd at Columbia University as hundreds of students continued to protest the school's ties to South Africa, April 8, 1985.

Persons: ” Israel, Catherine Elias, Daniel Armstrong, “, ” Armstrong, Pete Seeger, Frankie Ziths, G4S, Karla Ann Cote, divests, ”, Savannah Pearson, Michael Cusack Organizations: New, New York CNN, Columbia University, Columbia University Apartheid, —, Columbia, Columbia College, CNN, Coalition, New York Times, American Express, Ford, Ivy League, University of California, Johns Hopkins University, University of North, Corrections Corporation of America, Library, “, Columbia’s, Trustees, Columbia’s Teachers College Locations: New York, Gaza, Palestine, Columbia, Vietnam, Upper Manhattan, Israel, South Africa, Sudan, Los Angeles, Chevron, Berkeley, University of North Carolina, Hill, South, United States

☆ Harvey Weinstein sex crime conviction overturned and new trial ordered
▼ + stars: | 2024-04-25 | by ( Eric Levenson | ) edition.cnn.com time to read: +5 min

CNN —The New York Court of Appeals on Thursday overturned the sex crimes conviction against Harvey Weinstein, the powerful Hollywood producer whose downfall stood as a symbol of the #MeToo movement. Douglas H. Wigdor, an attorney who has represented eight of Weinstein’s accusers, including two of the “prior bad acts” witnesses at his New York criminal trial, criticized the ruling. In addition, three other women testified during the trial as “prior bad acts” witnesses as prosecutors sought to show Weinstein had a pattern of abuse. The use of “prior bad acts” witnesses has increased in recent years with the rise of the #MeToo movement. “Prior bad acts” evidence is one exception to this rule.

Persons: Harvey Weinstein, “, uncharged, Jenny Rivera, ” Weinstein, Weinstein, ” Donna Rotunno, ”, Emily Tuttle, Douglas H, Weinstein’s, MeToo, Bill Cosby, Miriam Haley, Jessica Mann, Haley, Mann Organizations: CNN, The New, Hollywood, Correctional Facility, of Corrections, Attorney’s, Manhattan, The New York Times, Yorker Locations: The New York, Rome , New York, Los Angeles, New York, Manhattan, York, Hollywood, Love, Pennsylvania

☆ A woman is trying to free her fiancé from prison after 49 years behind bars
▼ + stars: | 2024-04-24 | by ( Thomas Lake | ) edition.cnn.com time to read: +10 min

According to a trial transcript, two friends of Durrett also testified they’d heard Ezra make similar statements. Durrett didn’t implicate Ezra until months after the crime — and after he, Durrett, had been charged with the murder. And although she has been “madly in love” before, Christine said she’d never felt such pure love as she does with Ezra. But the older man said the younger man couldn’t love her because he didn’t even love himself. A few days later he told Christine about another man who needed her help.

Persons: Alexa, ”, “, Christine, Christine Roess, Smokey Robinson, Van Morrison, he’d, Ezra, Morris Weitz, Thomas Durrett, Durrett, they’d, didn’t, ” Durrett, Ezra Bozeman’s, ” Christine Roess, she’d, ” Christine, Ezra Bozeman, Christine Roess Ezra, Dana Kelly, Kelly, Teddy Pendergrass, Edwin Hawkins, Christine Roess “ Alexa, I’ve, Team Free Ezra —, —, Josh Shapiro, I’ll, Yusef Organizations: CNN, Fortune, Laurel Highlands, Team Free, Department of Corrections, Savage Locations: Philadelphia, Bozeman, Pittsburgh, Laurel Highlands, Laurel, couldn’t

☆ How a gag order showdown explains everything about Trump
▼ + stars: | 2024-04-23 | by ( Stephen Collinson | ) edition.cnn.com time to read: +9 min

“He knows what he’s not allowed to do, and he does it anyway.”Conroy was referring to Trump’s incessant testing of a gag order protecting witnesses, court staff and the jury. “Michael Cohen is a convicted liar and he’s got no credibility whatsoever,” Trump said in an interview with WPVI Philadelphia. Trump could face a ladder of escalating sanctionsProsecutors now want Merchan to fine Trump $1,000 for each of 10 alleged violations of the gag order and to warn that imprisonment could be an option if he continues to flout restrictions. Trump claims the gag order stifles his right to free speech and to campaign as a presumptive party nominee. And while a dispute over one partial gag order might seem like a small wrinkle in an individual case, it conveys a wider truth about Trump’s impact on American life.

Persons: Chris Conroy, Donald Trump, “, he’s, ” Conroy, Michael Cohen, Stormy Daniels, Juan Merchan, Trump, “ Michael Cohen, ” Trump, CNN’s John Miller, “ Judge Merchan, ”, Jeffrey Swartz, Jim Sciutto, CNN Max, lacerating, Merchan, Elizabeth Williams, Todd Blanche, doesn’t, CNN’s Erin Burnett, —, Jack Smith’s, there’s, •, Joe Biden’s, Volodymyr Zelensky, Biden, mishandle, He’s, president’s, Trump’s, George Conway, ” Conway, CNN’s Burnett Organizations: CNN, GOP, The New, Trump, Philadelphia, Prosecutors, New York City Department of Corrections, Cooley Law, US, Trump Organization, Conservative Political, Conference, Biden Locations: The New York, Washington ,, Georgia

☆ Breaking down the market sell-off and odds this 5% pullback turns into a 10% correction
▼ + stars: | 2024-04-20 | by ( Michael Santoli | ) www.cnbc.com time to read: +9 min

Hard-to-handicap geopolitical conflict never helps, even if it rarely serves as the key swing factor in a market trend. .SPX 1Y mountain S & P 500, 1-year And then there was simply the elevated valuation and over-optimistic sentiment that had built up over that five-month, 28% rally that culminated at the end of March. Over the long span of time, about 40% of all 5% market pullbacks deepened into full 10% corrections. A 10%-ish correction from the S & P 500 high of 5254 would pull the index down below 4800, the former record high from early 2022, and so would be a test of the first-quarter breakout. Last week's 3% decline took the index back to Feb 21 and thereby closed the "Nvidia gap," the 100-point S & P 500 pop the day after Nvidia's blowout fourth-quarter earnings report.

Persons: Warren Pies, Jerome Powell Organizations: Nasdaq, 3Fourteen, Nvidia, Big Tech, Treasury, Silicon Valley Bank Locations: Silicon

☆ If this is a stock market correction, here's how history says it will unfold
▼ + stars: | 2024-04-16 | by ( Yun Li | ) www.cnbc.com time to read: +2 min

The recent retreat in the stock market has made many worried about a deeper correction. Lingering inflation concerns, rising Treasury yields and a shifting outlook for Federal Reserve interest rate policy prompted a market pullback, with the S & P 500 almost 4% off its 52-week high as of Tuesday. A correction is defined as a 10% decline in one of the major U.S. stock indexes, typically the S & P 500 or Dow Jones Industrial Average, from a recent 52-week high close. .SPX 1Y mountain S & P 500 More to go? The heightened geopolitical risk led U.K. investment bank Liberum Capital to call for oil to surge to $100 and a stock market correction as big as 10%.

Persons: Sam Stovall, it's, Stovall, Jonathan Krinsky, Krinsky, Marko Kolanovic Organizations: Federal Reserve, CFRA Research, Dow Jones Locations: U.S

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