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☆ Ukraine could launch its offensive against Russia any moment now. Here's what's waiting
▼ + stars: | 2023-04-29 | by ( Tim Lister | ) edition.cnn.com time to read: +10 min

The defenses continue for hundreds of miles across the meandering southern front – where Ukrainian forces are expected to concentrate their counter-offensive in the coming weeks. This area will be critical should Ukrainian forces try to advance towards the city of Melitopol and split Russian forces in the south. It’s unclear where the equipment went but likely that it was sent north to reinforce Russian defensive lines. Russian-appointed officials in Zaporizhzhia claim there is already a large build-up of Ukrainian forces in the area. Ukrainian officials do not disclose the movement of units.

☆ Earnings at the half point of the season: no sign yet of any collapse
▼ + stars: | 2023-04-28 | by ( Bob Pisani | ) www.cnbc.com time to read: +4 min

At the halfway point for earnings, bulls are delighted earnings are coming in stronger than expected and expectations for the second half of the year remain high. With 260 companies in the S & P 500 reporting, 79% are beating expectations, according to Earnings Scout. That is an earnings recession, but the declines — all in the low single digits — are not causing a lot of consternation. Now, on the heels of positive earnings reports, many tech stocks are seeing second quarter earnings estimates rising in the past few weeks, including Microsoft, Meta and Alphabet. The second half of 2023: Record earnings, really?

☆ Factbox: Fed, FDIC reviews of US bank failures to spotlight problems, fixes
▼ + stars: | 2023-04-27 | by ( ) www.reuters.com time to read: +6 min

On Friday the banks' regulators - the Federal Reserve and the Federal Deposit Insurance Corporation - will publish their accounts of what happened at both institutions, and propose fixes to prevent a repeat. The FDIC will also publish a separate report on deposit insurance by Monday. Barr has said the Fed's report will include confidential supervisory information, including citations and exam material not typically disclosed. DEPOSIT INSURANCEThe second FDIC report could provide insight into how officials are thinking about the role of deposit insurance, currently capped at $250,000 per depositor, in financial stability. "The most interesting thing I expect to see is what the FDIC recommends about the deposit insurance cap," Phillips said.

☆ My 15-year dependent relationship with social media has become a health problem—here's how I'm breaking the habit
▼ + stars: | 2023-04-13 | by ( Ashton Jackson | ) www.cnbc.com time to read: +5 min

When I used a fake birthday to create a Facebook account at age 9, I didn't know I'd eventually become dependent on social media. I'm setting goals that are 'realistic' and 'specific'Limiting your social media use only works if you're consistent about it. I'm down to seven and a half hours on social media per day on weekends, almost half of my original 14. I've also lost 12 pounds since January by replacing some of my social media time with being active and making healthy meals. "You get the chance to actually engage with the world a little bit better [when you limit social media use].

☆ Here's what's getting cheaper at the grocery store
▼ + stars: | 2023-04-12 | by ( Danielle Wiener-Bronner | ) edition.cnn.com time to read: +3 min

New York CNN —Grocery prices finally dipped in March, falling for the first time since September 2020, according to data released Wednesday by the Bureau of Labor Statistics. The meats, poultry, fish and eggs index fell 1.4%, pulled down by another month of large decreases in egg prices. In the year through March, grocery prices jumped 8.4%, outpacing overall inflation of 5%. Grocery prices finally fell in March. But more recently, egg prices have been coming down.

☆ The FAFSA is getting a makeover later this year—here's what's changing
▼ + stars: | 2023-04-11 | by ( Kamaron Mcnair | ) www.cnbc.com time to read: +3 min

If you've ever filled out the Free Application for Student Aid (FAFSA) before, you're probably familiar with the stress, confusion and possible tears that often come with it. The number gave your school and federal aid administrators an idea of how much financial support to offer. The student aid index (SAI) will serve the same purpose, but use a different formula. Federal Student Aid (FSA) published a draft of the calculations to be used to determine SAI. Aid administrators will subtract the student's SAI from their determined cost of attendance in order to assess aid eligibility and amounts, according to FSA.

☆ Here's what's in store for Ethereum's Shanghai upgrade
▼ + stars: | 2023-04-10 | by ( Talia Kaplan | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHere's what's in store for Ethereum's Shanghai upgradeCNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. Crypto World explores what can be expected from Ethereum's next big upgrade, the Shanghai update.

☆ Here's what's driving the gains for gold as it approaches its highest levels on record
▼ + stars: | 2023-04-05 | by ( Jeff Cox | ) www.cnbc.com time to read: +3 min

It's taken gold prices a long time to get this high — 5,000 years, give or take a few centuries — and it looks like the yellow metal could keep climbing. "Gold prices have benefited in recent weeks from safe haven demand amid concerns on the banking sector, as well as a view that the likelihood of a recession (i.e., hard landing) have materially increased. "Lower rates, coupled with inflation still well above the 2% target, would be positive for gold prices," he added. @GC.1 YTD line Gold price this year Tariq expects gold to average $1,925 an ounce in the second quarter, a 10% increase from Credit Suisse's previous target. Roque has a price target at $2,322, implying 14% upside from here.

☆ Disney's shareholder meeting: Here's what's on the table
▼ + stars: | 2023-04-03 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailDisney's shareholder meeting: Here's what's on the tableClaire Atkinson, Insider chief media correspondent, joins 'Squawk Box' to discuss Disney's upcoming annual shareholder meeting, if Bog Iger will honor his deadline for leaving Disney, and more.

☆ London's priciest townhouse just listed for $74 million. Here's what's hidden beneath it
▼ + stars: | 2023-04-03 | by ( Ray Parisi | ) www.cnbc.com time to read: +9 min

Will PryceOne of the most expensive townhouses in London listed Monday for 60 million pounds (about $74 million). The home's subterranean level includes a swimming pool that spans 39 feet and a pool deck furnished with daybeds. Below the townhouse residences are subterranean parking spots that eliminate the need for on-street parking. Here's a closer look around — and under — London's newest $74 million listing, which is being sold fully furnished. This can be achieved on a subterranean level because the rear garden is one level below street grade.

☆ Is Jamie Dimon the most powerful person in finance?
▼ + stars: | 2023-03-31 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

Insider's Carter Johnson has a story on one executive whose profile continues to rise: Jamie Dimon. Carter's story got me thinking: Who's the most powerful person in finance? Warren Buffett: Before you jump down my throat, realize this is a list of the most powerful people in finance not on Wall Street. Place your vote here — or name someone else — for who you think is the most powerful person in finance. The bank was hit with a nearly $100 million fine for letting a foreign bank make prohibited transactions, The Wall Street Journal reports.

☆ On Baseball's Opening Day, Here's What's New
▼ + stars: | 2023-03-30 | by ( Lindsey Adler | ) www.wsj.com time to read: 1 min

The schedule. Each team plays every other team for at least one series, and there will be fewer games against division rivals. This could help teams in competitive divisions like the AL East and NL West, and hurt teams in weaker divisions, like the AL Central. Sam Hodde/Associated Press

☆ Binance 'could be in big trouble' as the CFTC lawsuit alleges the crypto behemoth dodged regulators and breached laws
▼ + stars: | 2023-03-28 | by ( Zahra Tayeb | ) www.businessinsider.com time to read: +10 min

Binance is being blow-torched from all angles as US regulators close in on the world's largest crypto exchange. The CFTC sued the exchange this week for violating US financial laws, whilst some reports suggest Binance has engaged in secret fund transfers. On Monday, the Commodities Futures and Trading Commission (CFTC) sued Binance and Zhao himself, for allegedly breaching US financial laws. Following the shocking implosion of Sam-Bankman Fried's FTX exchange late last year, concerns have risen whether Binance faces similar risks. If US authorities decide the links meant the crypto exchange had control over the US platform, it could expose the company to enforcement action.

☆ Goldman's strong balance sheet basket is beating the market amid banking crisis. Here's what's in it
▼ + stars: | 2023-03-20 | by ( Alex Harring | ) www.cnbc.com time to read: +2 min

Stocks with strong balance sheets are gaining favor as the broader market whipsaws amid the ongoing bank crisis. Goldman Sachs' basket of 50 S & P 500 companies with strong balance sheets has outperformed its weak balance sheet basket by six percentage points since March 8, the day Silicon Valley Bank's downward spiral began , according to an analysis of performance released Friday by analyst David Kostin. The outperformance of stocks with stronger balance sheets has marked a "sharp rotation," Kostin said. Technology and other growth stocks are considered particularly interest rate sensitive and are expected to do better during periods with lower interest rates. Nvidia , another technology stock in the basket, has also rallied this year in tandem with growing interest in artificial intelligence.

☆ Taser maker Axon Enterprise shares are up for an eighth-straight year. Here's what's driving the gains
▼ + stars: | 2023-03-19 | by ( Sarah Min | ) www.cnbc.com time to read: +4 min

One stock that's bucking all macro concerns in 2023, and has been for years, is Taser maker Axon Enterprise . Axon shares are up nearly 30% this year, putting them on track for their eighth consecutive annual gain. While other smaller firms offer these products, Axon has been snatching up market share as it leverages its relationship with law enforcement. The Taser maker has a customer relationship with roughly 17,000 out 18,000 U.S. law enforcement agencies, according to a note this month from Goldman Sachs . The firm also has dedicated sales representatives for 1,200 for the largest agencies, which represent 70% of law enforcement patrol officers.

☆ What's at stake — by the numbers — as Supreme Court weighs student loan forgiveness
▼ + stars: | 2023-03-17 | by ( Annie Nova | ) www.cnbc.com time to read: +1 min

There's no precedent in recent history for the sweeping federal student loan forgiveness policy President Joe Biden is trying to carry out. Since then, federal student loan payments have been on hold for three years. More from Personal Finance:Is Supreme Court Justice Barrett key to student debt relief? What to do if Biden's student debt plan is struck downHere's how things go so bad with student loan debt in the U.S. "What's at stake is being forced to choose between paying for student loans or being able to buy groceries, make rent and pay medical bills."

☆ Here's what's behind cryptocurrencies' recent rally
▼ + stars: | 2023-03-17 | 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 EmailHere's what's behind cryptocurrencies' recent rallyMeltem Demirors of Coinshares and Jacob Silverman of The New Republic join Eamon Javers and the 'CNBC Special: Taking stock' to discuss whether the banking crisis provided a use-case for cryptocurrency.

☆ An oil spill off the Philippine coast has coated some of the world's most beautiful beaches in sludge: 'Our white sand is now black'
▼ + stars: | 2023-03-17 | by ( James Pasley | ) www.businessinsider.com time to read: +1 min

On February 28, a tanker carrying more than 200,000 gallons of oil sank in the Philippines. Since then it has been steadily leaking oil into the sea, killing wildlife and impacting the lives of locals. In 2006, another tanker leaked about 109,000 gallons of oil off the Philippine coast in the worst spill in the country's history to date. The spill has now reached Palawan, one of the world's top beach destinations — and it shows no sign of slowing down. Oil spills are notoriously difficult to clean up, and the technology to do so hasn't developed much since the 1960s.

☆ LIVE: Silicon Valley Bank's collapse fanned fears of a financial meltdown, but officials seem to have averted a crisis for now. Here's what's happening, what experts are saying, and what it all means.
▼ + stars: | 2023-03-13 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +1 min

We're live-blogging the fallout from Silicon Valley Bank's collapse last week. US authorities have guaranteed the lender's deposits and promised its customers will be made whole. Bill Ackman, Michael Burry, and others have weighed in on the fiasco rocking financial markets. We're live as Silicon Valley Bank's collapse continues to rattle investors and stoke fears of further bank runs and financial catastrophe. Others have warned it could encourage banks to be more reckless, and SVB might be the first of several institutions to fail.

☆ Oscars 2023: Michelle Yeoh says she 'kung fu'd' glass ceiling with historic best actress win
▼ + stars: | 2023-03-13 | by ( Morgan Smith | ) www.cnbc.com time to read: +3 min

Last night, Yeoh, 60, became the first Asian woman to win best actress at the Oscars for her leading performance in "Everything Everywhere All at Once." The Malaysian-born Yeoh is only the second woman of color ever to take home the award. "Everything Everywhere All at Once" won seven Oscars including best picture and best director. "I have to thank the academy for acknowledging, embracing diversity and true representation," Yeoh told reporters after her win. "I'm still here today … Finally, after 40 years, I get this," she told reporters backstage while holding up her award.

☆ Mexican stocks are on fire this year. Here's what's driving the gains
▼ + stars: | 2023-03-12 | by ( Alex Harring | ) www.cnbc.com time to read: +6 min

Closer supply chains to the U.S. are giving Mexican stocks a big boost to start the year. The iShares MSCI Mexico ETF (EWW) , which is made up of Mexican stocks, is performing even better — up 15.2%. EWW YTD mountain EWW in 2023 One key factor driving this early outperformance is "nearshoring," which refers to companies bringing supply chains closer to their home country. In this case, many U.S.-based companies are moving their supply chains to neighboring Mexico, which could lead to even more gains in Mexican stocks. Lippmann said the firm likes stocks directly helped by nearshoring trends, such as the real-estate firm Vesta and airport operator OMA .

London CNN —The failure of Silicon Valley Bank is rattling markets and raising uncomfortable questions: Will it undermine the broader banking system and start a new meltdown? A crucial lender to US technology startups, the bank came under pressure as Silicon Valley funding dried up, the result of an economic slowdown and rapidly rising interest rates. Bank stocks rattledFounded in 1983, SVB provided financing for almost half of US venture-backed technology and health care companies. SVB put the bonds up for sale as customers, facing leaner times, pulled their money from the bank. Silicon Valley Bank had about $209 billion in total assets and $175 billion in total deposits as of the end of last year, according to the FDIC.

☆ Here's what's inside the nearly $125,000 gift bag given to Brendan Fraser, Steven Spielberg and other Oscar nominees
▼ + stars: | 2023-03-10 | by ( Nicolas Vega | ) www.cnbc.com time to read: +4 min

But on top of critical acclaim and higher earning potential, there's another benefit to getting an Oscar nod: the gift bag. "There's nothing like a first time nominee's enthusiasm about getting this gift bag," Fary says. Because of the large quantity of products that is being gifted, Distinctive Assets delivers everything packed into two suitcases. What's included in this year's 'Everybody Wins' gift bag? Director Steven Spielberg has received numerous "Everybody Wins" gift bags for past Academy Award nominations.

☆ Credit Suisse delays filing its annual report, reviving fears about the Swiss bank's finances
▼ + stars: | 2023-03-09 | by ( George Glover | ) www.businessinsider.com time to read: +4 min

Credit Suisse has delayed filing its annual report after a call from the US financial watchdog. "Management believes it is prudent to briefly delay the publication of its accounts in order to understand more thoroughly the comments received," Credit Suisse said. Credit Suisse ADRs have plunged 61% over the past year, with a restructuring plan announced on October 27 also failing to reassure markets of the bank's resilience. The SEC's late call isn't Credit Suisse's only regulatory worry. Read more: Credit Suisse is fending off concerns about its financial health, fanning fears of another Lehman Brothers moment that could roil the global financial system.

☆ I made $1.7 million in revenue on Fiverr in under 2 years. Freelancers can thrive in a dicey economy — here's what's worked for me.
▼ + stars: | 2023-03-01 | by ( Georgia Austin | ) www.businessinsider.com time to read: +7 min

Austin made $20,000 a month by herself on Fiverr before hiring freelancers to help meet the demand. I started freelancing on Fiverr right before the pandemic hit and made $1.7 million in revenue over the following 17 months. Freelancers who see increasingly sophisticated AI content as an opportunity, not a threat, will come out on top this year. We're still unsure whether Google will rank or penalize AI content — something that will ultimately define its success. But, as with any quickly developing industry shift, freelancers must stay agile and informed to react, adapt, and take advantage of the unfolding changes.

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