Month: August 2022
Trump says FBI raiding his Mar-a-Lago home
The FBI is raiding Mar-a-Lago, former President Donald Trump’s resort home in Palm Beach, Florida, Trump said Monday evening. In a lengthy statement, Trump said his residence is “currently under siege, raided, and occupied by a large group of FBI agents.” The raid was “unannounced,” Trump said, adding, “They even broke into my safe!” Read […]
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Cramer’s lightning round: Sunrun is too speculative for me
“Mad Money” host Jim Cramer rings the lightning round bell, which means he’s giving his answers to callers’ stock questions at rapid speed. Source
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Cramer’s week ahead: Hot inflation numbers could push Fed to raise rates in August
CNBC’s Jim Cramer on Monday said the Federal Reserve could raise interest rates in August, before its next scheduled meeting in September, if this week’s economic data shows that inflation isn’t abating. “The Fed is still in charge of this market. A week ago, it looked like they might ease up, but after Friday’s red-hot […]
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Ezra Miller charged with felony burglary days after Warner Bros Discovery CEO Zaslav praises ‘Flash’ movie
Actor Ezra Miller arrives at the premiere of Warner Bros. Pictures’ ‘Justice League’ at Dolby Theatre on November 13, 2017 in Hollywood, California. Axelle | Bauer-Griffin | Filmmagic | Getty Images As David Zaslav seeks to revamp Warner Bros.’ Discovery’s DC cinematic universe, one of the studio’s biggest stars continues to make headlines for alleged […]
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Novavax cuts 2022 revenue guidance in half, stock tanks in after-hours trading
In this photo illustration a silhouette of a man holding a medical syringe and a vial seen displayed in front of the Novavax logo on a screen. Cezary Kowalski | Lightrocket | Getty Images Novavax deeply cut its full year revenue guidance Monday, with no new Covid vaccine sales expected for 2022 in the U.S. […]
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Father, son get life for hate crime in Ahmaud Arbery’s death
The white father and son convicted of murder in Ahmaud Arbery’s fatal shooting after they chased the 25-year-old Black man through a Georgia neighborhood were sentenced Monday to life in prison for committing a federal hate crime. U.S. District Court Judge Lisa Godbey Wood handed down the sentences against Travis McMichael, 36, and his father, Greg McMichael, […]
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Stocks making the biggest moves after hours: Novavax, Upstart, Allbirds and more
A woman holds a small bottle labeled with a “Coronavirus COVID-19 Vaccine” sticker and a medical syringe in front of displayed Novavax logo in this illustration taken, October 30, 2020. Dado Ruvic | Reuters Check out the companies making headlines after hours. Novavax — The biotech stock dropped 32% after Novavax cut its full-year revenue […]
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Allbirds ‘dramatically’ slows pace of new hires as loss widens
A woman walks past an Allbirds store in the Georgetown neighborhood of Washington, D.C., on Tuesday, Feb. 16, 2021. Al Drago | Bloomberg | Getty Images Allbirds on Monday cut its financial forecast for the year and announced a number of efforts to cut costs as the sustainable shoe maker reported a wider quarterly loss […]
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Crypto mixing service Tornado Cash blacklisted by Treasury Department for alleged use in laundering
The U.S. Department of Treasury on Monday sanctioned the popular cryptocurrency mixer Tornado Cash, banning Americans from using a service that the government said, “launders the proceeds of cybercrimes.” “Despite public assurances otherwise, Tornado Cash has repeatedly failed to impose effective controls designed to stop it from laundering funds for malicious cyber actors on a […]
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Olivia Newton-John, pop singer who found stardom with ‘Grease,’ dies at 73
Olivia Newton-John, a British Australian pop star who dominated the pop culture of an era, has died after repeated treatments for cancer, her husband announced Monday. She was 73. “Dame Olivia Newton-John (73) passed away peacefully at her Ranch in Southern California this morning, surrounded by family and friends,” John Easterling, her husband, announced on her official […]
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