Jim Cramer suggests this troubled stock may continue to face challenges in an AI-focused market.
Morning Meeting Recap Jim Cramer’s CNBC Investment Club conducts a “Morning Meeting” livestream every weekday at 10:20 a.m. ET. Here’s a recap of the highlights from Friday. The three major stock indexes saw gains on Friday, buoyed by an unexpected boost in April’s jobs report. The Labor Department noted that nonfarm payrolls increased by 115,000, […]
Bianco suggests to Katie Porter that she may need parenting guidance during the California debate.
California Gubernatorial Debate Sparks Controversy During a recent California gubernatorial debate, Republican candidate Chad Bianco suggested that Democratic candidate Katie Porter might benefit from his advice on motherhood. This remark prompted audible reactions from the audience, a mixture of gasps and groans, amidst a heated discussion regarding the state’s policies protecting illegal immigrants. Porter and […]
Governor Hochul suggests a law to prevent local police from helping ICE.
New York’s Budget Proposal Targets Immigration Enforcement Governor Kathy Hochul of New York has introduced a budget request for fiscal year 2027 that includes new measures aimed at limiting the authority of the Immigration and Customs Enforcement (ICE) agency. The goal is to challenge the federal agency’s power, although experts predict that the initiative might […]
Wealthy tax writer suggests California law might be lasting
California’s Proposed Billionaire Tax Sparks Debate This week, the main proponent of California’s contested billionaire tax made an interesting admission: the proposed one-time tax could turn into something more permanent. Economics professor Emmanuel Saez confirmed this during a debate at the University of California, Berkeley, against Arthur Laffer, who is well-known for promoting trickle-down economics. […]
DHS document suggests Iran conflict might have influenced WHCA Dinner shooting suspect
Motivation Behind Attempted Attack at White House Correspondents’ Dinner A man accused of attempting to assassinate President Donald Trump and his administration during the White House Correspondents’ Association dinner on April 25 may have been influenced by the conflict in Iran. A preliminary intelligence report from the Department of Homeland Security suggests that the suspect, […]
Webcast: DOL Suggests Safe Harbor for Alternative Investments in 401(k) Plans
Webcast | May 5, 2026 Join our legal team for a 30-minute recorded session where we’ll explore the U.S. Department of Labor’s proposed rules aimed at simplifying how fiduciaries can offer alternative investments in 401(k) plans, along with some practical insights for both fiduciaries and alternative asset managers. We’ll cover: The rarity of alternatives in […]
SEC suggests a biannual reporting choice to take the place of quarterly submissions
Proposed Shift in Reporting Requirements for U.S. Companies In a notable change, U.S. financial regulators are suggesting that publicly traded companies transition from quarterly to semi-annual reporting. The Securities and Exchange Commission (SEC) made this announcement on Tuesday, detailing amendments that allow Wall Street firms to opt for voluntary semi-annual reporting. SEC officials clarified that […]
Sen. Tim Scott hopes Jerome Powell resigns from the Fed this month and suggests the chairman has a motive for remaining.
Scott Calls for Powell’s Exit from the Fed In Beverly Hills, Sen. Tim Scott (R-S.C.) expressed his hopes—perhaps even a prayer—that Jerome Powell would step down as chairman of the Federal Reserve when his term concludes this month. However, Scott also acknowledged that if Powell is determined to provoke the president, he might stay on […]
Economist Gary Shilling suggests a US recession is likely to happen in 2026
Economic Predictions for 2026 Billionaire investor Leon Cooperman recently discussed the implications of artificial intelligence on market dynamics in the context of geopolitical concerns and uncertainty during a segment on “Craman Countdown.” Gary Schilling, a well-known market forecaster infamous for his bearish predictions—he was let go from Merrill Lynch for forecasting the 1969-1970 recession—has raised […]
Graham suggests increasing assaults on Iran
U.S. Attacks on Iran Considered by Senator Graham Senator Lindsey Graham (R-S.C.) has brought up the possibility of more U.S. military actions against Iran, proposing that a significant but brief offensive aimed at undermining Iran’s military capabilities could be warranted. On Monday, President Donald Trump made a statement on Truth Social, mentioning, “Iran has fired […]