CNBC’s Jim Cramer said Friday that the Federal Reserve’s attempts to crush inflation by raising interest rates will also inevitably bring down “formerly high-flying stocks” — even those that are “legitimate” companies. The stock market is “a major risk to containing inflation. It’s not just collateral damage, it’s one of […]
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Business leaders helped to bankroll the anti-abortion groups who could soon see Roe v. Wade overturned
Demonstrators hold signs during a protest outside the U.S. Supreme Court, after the leak of a draft majority opinion written by Justice Samuel Alito preparing for a majority of the court to overturn the landmark Roe v. Wade abortion rights decision later this year, in Washington, May 3, 2022. Evelyn […]
Italy freezes superyacht reportedly linked to Russian President Vladimir Putin
The Scheherazade 459-foot superyacht docked at the shipyard in Marina Di Carrara, Italy, on Wednesday, March 23, 2022. Francesco Mazzei | Getty Images WASHINGTON — The Italian government on Friday froze a yacht with reported links to Russian President Vladimir Putin, blocking the vessel from leaving its port. The Italian […]
How the Supreme Court went from cementing abortion rights in Roe v. Wade to drafting their demise
The U.S. Supreme Court is seen through high fencing that was installed overnight following protests outside of the court following the leaked opinion suggesting the possibility of overturning the Roe v. Wade abortion rights decision, in Washington, May 5, 2022. Evelyn Hockstein | Reuters Federal protections for abortion rights have […]
Elon Musk denies claim by Truth Social boss that Trump encouraged him to buy Twitter
Elon Musk, CEO of Tesla, speaks to media representatives at the Tesla Gigafactory construction site In Grünheide near Berlin, September 3, 2020. Julian Stähle | picture alliance via Getty Images Elon Musk on Friday flatly denied a claim by the head of ex-President Donald Trump‘s new social media company that […]
Couples cut wedding expenses as inflation and demand make walking down the aisle pricier
Nicole Brandfon and her fiance Adam Alonso are planning a wedding in Colombia, rather than Miami, because it was more affordable. Source: Nicole Brandfon Nicole Brandfon and her fiance, Adam Alonso, will hop on a plane from Florida to South America early next year for a destination wedding. The international trip […]
Cramer’s week ahead: Own recession-proof names and have cash ready for when stocks ‘come roaring back’
CNBC’s Jim Cramer said Friday that enduring the current market is a waiting game for a rally — and investors need to be prepared for when that happens. “Your portfolio should be split among some cash and some stocks that can thrive in a recession. … You need to accept […]
Judge dismisses Trump lawsuit seeking to lift Twitter ban
A judge on Friday dismissed a lawsuit by former President Donald Trump seeking to lift his ban from Twitter. But San Francisco federal district court Judge James Donato left the door open for Trump and other plaintiffs to file an amended complaint against Twitter that is consistent with his written […]
Google is raising pay, revamping employee reviews, documents show
Sundar Pichai, Google CEO David Paul Morris | Bloomberg | Getty Images Google is overhauling its performance evaluation process, implementing changes that will result in increased salaries, as the company tries to ease tension between employees and leadership on the issue of compensation. Starting this week, Google is using a […]
‘Pass the damn bill’: Biden demands chips legislation to counter China tech rise
U.S. President Joe Biden arrives to deliver remarks during a visit at United Performance Metals in Hamilton, Ohio, May 6, 2022. Elizabeth Frantz | Reuters President Joe Biden on Friday demanded Congress swiftly pass the Bipartisan Innovation Act, a multibillion dollar investment in the U.S. semiconductor industry that Republicans and […]