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☆ Fact Check-Flu vaccine study unrelated to Group A Strep doesn't show increase of illness
▼ + stars: | 2023-01-19 | by ( Reuters Fact Check | ) www.reuters.com time to read: +6 min

Group A Streptococcus (GAS) is the name for bacteria that can cause infections like strep throat, scarlet fever and impetigo. However, the 2014 study examined different bacteria and found that while their numbers increased following the nasal flu vaccine, that did not lead to increased bacterial disease. A recent UK study has also found that while infections of influenza itself be linked to increased cases of Group A Strep, the nasal vaccine is associated with a reduction in bacterial infections. But it did not investigate group A strep bacteria; rather, the study investigated Streptococcus pneumoniae and Staphylococcus aureus, which Mina said in an email, are “very different” pathogens to group A strep. A 2014 study does not show the nasal spray flu vaccine causes Group A Strep.

☆ Here's our January rapid-fire update on all 34 stocks in Cramer’s Charitable trust portfolio
▼ + stars: | 2023-01-19 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +11 min

Here's a rapid-fire update on every stock in the CNBC Investing Club portfolio. As much as we'd like to maintain a bigger position in this roughly $472 stock, we're refraining from violating our cost basis of $291.52. ( See here for a full list of the stocks in Jim Cramer's Charitable Trust portfolio.) 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.

☆ Treasury yields fall as investors assess inflation outlook
▼ + stars: | 2023-01-19 | by ( Sophie Kiderlin | ) www.cnbc.com time to read: +1 min

Yields and prices move in opposite directions and one basis point is equivalent to 0.01%. ET, the yield on the benchmark 10-year Treasury was down by around one basis point to 3.3624%. The 2-year Treasury was trading at 4.0611% after falling by more than one basis point. On Wednesday, December's producer price index report showed that wholesale inflation fell by more than expected on a monthly basis. Investors are therefore closely following remarks from Fed speakers, who have painted a mixed picture so far.

☆ How Scripps News, the streaming and broadcast network formerly known as Newsy, is pivoting to anti-partisan, 'fact-based' reporting
▼ + stars: | 2023-01-19 | by ( Claire Atkinson | ) www.businessinsider.com time to read: +9 min

Streaming and broadcast news network Newsy has been rebranded as Scripps News. The network formerly known as Newsy has a presence on TV stations owned by Scripps and its ION Media stations and is accessible via free over-the-air digital antenna and several streaming platforms — including Roku, Amazon Fire and Apple TV. The company, which pulled Newsy from cable packages in 2021, boasts that Scripps News offers the only free 24/7 national news broadcast. Scripps News is also absorbing scores of executives from a national desk that fed the company's 61 local stations. Its local stations pulled in $208 million in ad revenue thanks to the midterm elections.

☆ Here are Thursday's biggest analyst calls: Netflix, Meta, Apple, Tesla, Charles Schwab, Roblox, Amazon & more
▼ + stars: | 2023-01-19 | by ( Michael Bloom | ) www.cnbc.com time to read: +6 min

Here are Thursday's biggest calls on Wall Street: Bank of America downgrades Charles Schwab to underperform from buy Bank of America said in its double downgrade of Schwab that the Fed will stop hiking this summer, "removing a powerful near-term profit driver." Wells Fargo names Meta, Amazon and Alphabet top 2023 picks Wells says Meta, Amazon and Alphabet have "solid fundamentals" and should outperform in 2023. Deutsche Bank reiterates Tesla as buy Deutsche said the automaker could be a top performer in 2023. JPMorgan names Meta a top pick into earnings JPMorgan said Meta is well positioned into earnings next week. Bank of America reiterates Disney as buy Bank of America said the return of Bob Iger has been a boost to investor sentiment and that selling ESPN is not a slam dunk.

☆ Treasury yields fall as traders assess data, Fed outlook
▼ + stars: | 2023-01-18 | by ( Elliot Smith | ) www.cnbc.com time to read: +1 min

U.S. Treasury yields were lower on Wednesday as uncertainty around the outlook for monetary policy and the economy, along with some weak earnings reports from Wall Street, clouded risk sentiment. The yield on the benchmark 10-year Treasury note fell just over 5 percentage points to 3.4812% while the yield on the 30-year Treasury bond shed around 4 percentage points to 3.6069%. Stocks sold off on Tuesday and futures pointed to further declines on Wall Street after Goldman Sachs missed earnings expectations on the back of a drop in investment banking and asset management revenues. Four Federal Reserve officials are set to deliver speeches Wednesday: Atlanta Fed President Raphael Bostic, Philadelphia Fed President Patrick Harker, St. Louis Fed President Jim Bullard and Dallas Fed President Lorie Logan. Auctions will be held Wednesday for $36 billion of 17-week Treasury bills and $12 billion of 20-year bonds.

☆ Here are Wednesday's biggest analyst calls: Apple, IBM, Amazon, Tesla, Exxon, Gap, Netflix & more
▼ + stars: | 2023-01-18 | by ( Michael Bloom | ) www.cnbc.com time to read: +7 min

Morgan Stanley upgrades Gap to equal weight from underweight Morgan Stanley said it sees more "upside than downside" for the stock. Morgan Stanley downgrades Skechers to equal weight from overweight Morgan Stanley downgraded the stock on valuation. Morgan Stanley names Apple a top 2023 pick Morgan Stanley said Apple is a "rare best-of-both worlds outperformer." Morgan Stanley names Amazon a top 2023 pick Morgan Stanley said Amazon is operating from a "leading e-commerce profit generating position." Morgan Stanley downgrades IBM to equal weight from overweight Morgan Stanley downgraded IBM and said "late cycle outperformance [has] runs its course."

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"Junji Ito Maniac: Japanese Tales of the Macabre" comes to Netflix on January 19. The 12-episode anime series brings 20 of Ito's horror manga tales to life. How to watch 'Junji Ito Maniac: Japanese Tales of the Macabre'You can watch "Junji Ito Maniac: Japanese Tales of the Macabre" exclusively on Netflix starting January 19. "Junji Ito Maniac: Japanese Tales of the Macabre" is based on 20 of Junji Ito's horror stories from a handful of his manga. Junji Ito is a horror manga artist with something of a cult following.

☆ We welcome Cisco CEO's upbeat view on the economy, but remain cautious on future order growth
▼ + stars: | 2023-01-18 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +5 min

But it's still unclear whether new order growth will slow down the line, once those previously booked orders are fulfilled. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. 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. Chuck Robbins, CEO & Chairman of Cisco, speaking on Squawk Box at the WEF in Davos, Switzerland on Jan. 18th, 2023.

Yet the small companies that provide most of Japan's jobs generally can't increase pay, business owners, economists and officials say. Battered by the pandemic, small firms now struggle to pass on higher costs out of fear of losing customers. They feel they have no choice but to put up with impossible demands from big companies." The trend is most apparent in industries with many small suppliers. The fair trade watchdog last month named 13 big companies it said refused to accept higher prices from suppliers.

☆ Getty Images suing the makers of popular AI art tool for allegedly stealing photos
▼ + stars: | 2023-01-17 | by ( Jennifer Korn | ) edition.cnn.com time to read: +3 min

New York CNN —Getty Images announced a lawsuit against Stability AI, the company behind popular AI art tool Stable Diffusion, alleging the tech company committed copyright infringement. London-based Stability AI announced it had raised $101 million in funding for open-source AI tech in October and released version 2.1 of its Stable Diffusion tool in December. “Getty Images believes artificial intelligence has the potential to stimulate creative endeavors. AI art and traditional media suppliers have struggled to coexist in recent months as computer-generated images grow more available and advanced, using human-created images and art as data training. Once available only to a select group of tech insiders, text-to-image AI systems are becoming increasingly popular and powerful.

☆ Qualcomm says its move beyond smartphones is working. We're waiting to see the results
▼ + stars: | 2023-01-17 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +4 min

Qualcomm CEO Cristiano Amon said Tuesday the chipmaker's move beyond smartphones is working — but we want to see the Club holding's upcoming earnings report before we rethink our cautious approach. In a similar way, Qualcomm also is expanding its presence in the automotive industry as cars become more technologically advanced. Amon also downplayed the company's reliance on Apple, which has been working to replace Qualcomm's chips with its own 5G modem chip . The Club has generally adopted a cautious approach to Qualcomm in recent months, particularly after that November earnings print with weak guidance. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

☆ See 32 pitch decks that some of the hottest proptech startups used to raise millions from top VCs like SoftBank and a16z
▼ + stars: | 2023-01-17 | by ( Alex Nicoll | James Rodriguez | ) www.businessinsider.com time to read: +5 min

VC investment fell by 38% in 2022, but the technological transformation of real estate continues. investment fell by 38% in 2022, but the technological transformation real estate continues. Early innovators like Zillow showed that there was a place for real estate on the internet, while investments from firms like SoftBank showed that big money was paying attention. Insider has collected 32 pitch decks that successful firms have used to raise funding from VCs and private-equity firms. Clockwork AnalyticsThe pandemic laid bare the necessity of a technological transformation of commercial real estate.

Insider's experts choose the best products and services to help make smart decisions with your money (here’s how). See Personal Finance Insider's picks for the best tax software »Get the latest tips you need to manage your money — delivered to you biweekly. Do it yourself with tax software or through the IRS website. So, should you prepare taxes yourself or hire someone to help? These all impact your tax filing, and, at least the first time you document them on your taxes, you might want someone to show you how best to do it.

Travel insurance weekly rates at a glance:Average premium: $288.99Average trip cost: $5,763.06Average trip length: 16 daysGet your free travel insurance quote with SquareMouth »What is travel insurance? Insider's Featured Travel Insurance Companies World Nomads Travel InsuranceAllianz Travel InsuranceTravelex travel insurance Chevron icon It indicates an expandable section or menu, or sometimes previous / next navigation options. Policy type Average days between purchase to trip Average trip length (days) Average trip cost Average cost of travel insurance Cancellation 53 13 $5,763.06 $288.99 Non-cancellation 16 21 N/A $95.86Source: SquareMouthWhen is the best time to travel? When calculating your travel insurance premium, travel insurance providers consider the likelihood of a medical emergency. Get your free travel insurance quote with SquareMouth »Travel Insurance Rates FAQsHow much does travel insurance cost?

☆ China's reopening will boost Hong Kong markets despite weak GDP print, HKEX chairman says
▼ + stars: | 2023-01-17 | by ( Elliot Smith | ) www.cnbc.com time to read: +1 min

Chinese and Hong Kong flags flutter as screens display the Hang Seng Index outside the Exchange Square complex, which houses the Hong Kong Stock Exchange (HKEX), on January 21, 2021 in Hong Kong, China. Hong Kong markets are set to benefit from the reopening of the Chinese economy, despite Beijing's disappointing annual GDP growth rate in 2022, according to HKEX Chairman Laura Cha. The Chinese GDP grew by 3% last year, the National Bureau of Statistics said Tuesday, slightly surpassing the expectations of a Reuters poll but sitting well below the official target of around 5.5%. Hong Kong's Hang Seng index led losses in Asian stock markets on Tuesday following the release, but Cha told CNBC that the reopening of China's borders at the very end of 2022 will result in a strong rebound. "I think China, as the border opens up, the economy will grow back.

☆ 4 side hustles for introverts: Some can bring in tens of thousands of dollars
▼ + stars: | 2023-01-14 | by ( Gili Malinsky | ) www.cnbc.com time to read: +3 min

Among the most popular side hustles for 2023 are staffing events like conferences and tutoring in a subject matter where you have expertise, according to experts. You'd have to interact with people if you took them on ― even if only on a one-on-one basis for tutoring. If you happen to be more introverted but are still looking for ways to bring in some extra cash, fear not. Here are four side hustles for introverts to consider. Kaycie Morwood opened her Poshmark store in 2016 and has made $30,000 altogether.

☆ The dollar's worst tumble in 12 years could be just the beginning — and the Fed ending rate hikes will fuel 'ongoing weakness', a UBS strategist says
▼ + stars: | 2023-01-13 | by ( George Glover | ) www.businessinsider.com time to read: +3 min

The dollar's recent slump will extend through 2023, according to UBS Global Wealth Management's Dominic Schnider. The greenback started 2023 on a weak footing, after the biggest quarterly loss since 2010 in the three months through December. Sign up for our newsletter to get the inside scoop on what traders are talking about — delivered daily to your inbox. "We probably are during 2023 going to see ongoing dollar weakness – that's the main narrative," Schnider told CNBC's "Street Signs Asia" Friday. "It's very simple – obviously the Fed is going to come to an end in hiking with the CPI number pointing in the right direction.

☆ European markets set to inch higher as investors monitor inflation, rate outlook
▼ + stars: | 2023-01-13 | by ( Elliot Smith | ) www.cnbc.com time to read: +1 min

European markets are set for a fractionally higher open on Friday after closing the previous session at their highest level since April 2022. The pan-European Stoxx 600 index closed Thursday's trading up 0.7% at 450.22 points, after a choppy session following the latest U.S. inflation print. The December consumer price index report was in line with economist expectations for a monthly dip of 0.1% but a 6.5% rise in consumer prices year over year, compared with a 0.1% monthly gain in November and an annual rise of 7.1%. Investors around the world are closely monitoring inflation data for clues to how long and how far monetary policy tightening from central banks will go. Shares in Asia-Pacific were mostly higher on Friday, though Japan's Nikkei 225 slumped 1.25%, dragged down by a sharp decline for Uniqlo owner Fast Retailing as well as broad weakness in food and electronics stocks.

JPMorgan Chase & Co (JPM.N) fell 1.2% as it set aside $1.4 billion in anticipation of a mild recession, even after beating quarterly profit estimates. The bank's Chief Executive Jamie Dimon listed a number of uncertainties facing the economy including geopolitical tensions and sticky inflation. Bank of America Corp (BAC.N) reported better-than-expected profit, with CEO Brian Moynihan also acknowledging an "increasingly slowing economic environment". Wells Fargo & Co (WFC.N) and Citigroup Inc (C.N) fell short of quarterly profit estimates, sending their shares down 3.9% and 0.6% respectively. Keeping the pressure off the Dow Jones, UnitedHealth Group Inc (UNH.N) rose 1.9% after beating Wall Street expectations for fourth-quarter profit.

☆ Treasury yields mixed as investors digest inflation data
▼ + stars: | 2023-01-13 | by ( Sophie Kiderlin | ) www.cnbc.com time to read: +1 min

The yield on the 10-year Treasury was down by less than a basis point to 3.4394 at 4:34 a.m. ET and the yield on the 30-year Treasury was up by around one basis point to 3.5849%. Meanwhile, the 2-year Treasury yield fell by close to two basis points and was trading at around 4.1187%. U.S. Treasury yields were mixed on Friday as investors digested the latest inflation report and considered the outlook for Federal Reserve interest rate hikes. Speaking at a local event in Pennsylvania on Thursday, Philadelphia Fed president Patrick Harker indicated he was prepared to move to 25 basis point rate hikes.

☆ Sterling rises after UK economy beats expectations
▼ + stars: | 2023-01-13 | by ( Harry Robertson | ) www.reuters.com time to read: +2 min

LONDON, Jan 13 (Reuters) - The pound rose on Friday against both the dollar and euro after data showed U.S. inflation cooled in December and the British economy beat expectations in November. Sterling was 0.17% higher against the dollar at $1.223, and was heading for a weekly gain of more than 1%. The euro remained on track for a weekly increase against the pound. "We still think a recession is on its way," said Ruth Gregory, senior UK economist at consultancy Capital Economics. "It is too soon to conclude the economy will be able to get through this period of high interest rates and high inflation largely unscathed."

☆ Take Five: Much to say in Tokyo (and Davos)
▼ + stars: | 2023-01-13 | by ( ) www.reuters.com time to read: +5 min

U.S. earnings and retail sales numbers, a slew of China data and inflation readings elsewhere mean there's plenty to mull over. Recent data showed Tokyo inflation at double the central bank's target. Reuters Graphics Reuters Graphics3/ HOPE AND FEARU.S. retail sales data and more earnings reports are on tap. Before then comes December's data deluge, with industrial output (CNIO=ECI), retail sales (CNRSL=ECI) and Q4 economic growth data (CNGDP=ECI) lining up to be ugly. Economists expect retail sales to have dropped 7.8% for a fourth straight monthly decline and for annual growth to finish up at a meagre 1.8%.

☆ Asia-Pacific shares trade mixed following cooler U.S. inflation print
▼ + stars: | 2023-01-13 | by ( Lee Ying Shan | ) www.cnbc.com time to read: +1 min

The slight decline in consumer prices in December will not change the path for the Federal Reserve, as it meets to raise rates Jan. 31 and Feb. 1. CPI fell by 0.01%, as expected by economists, and was up 6.5% from a year ago. Stock futures were higher after the report while Treasury yields fell. Swonk and other economists expect the Fed to raise rates by a half percentage point on Feb. 1. The futures market, however, has been pricing in a quarter point hike.

☆ Futures subdued as focus shifts to results from big U.S. banks
▼ + stars: | 2023-01-13 | by ( ) www.reuters.com time to read: +2 min

With the Federal Reserve's aggressive tightening campaign to combat inflation, higher borrowing costs have prompted consumers and businesses to curb their spending, impacting banks' profits as demand for credit slows. "Bank earnings are going to be a big test," said Michael Hewson, chief market analyst at CMC Markets UK. "It will be interesting to see whether they (banks) have made any further provisions for non-performing loans, how they see demand for loans." Delta Air Lines Inc (DAL.N), BlackRock Inc (BLK.N) and UnitedHealth Group Inc (UNH.N) are also scheduled to report fourth-quarter earnings on Friday. ET, Dow e-minis were up 10 points, or 0.03%, S&P 500 e-minis were down 0.5 points, or 0.01%, and Nasdaq 100 e-minis were down 16.5 points, or 0.14%.

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