[ad_1] CNN — [Breaking news update, published at 7:46 p.m. ET] Former movie producer Harvey Weinstein was found guilty of three of seven charges against him, including rape, Monday in a Los Angeles sexual assault trial in which prosecutors said he used his Hollywood influence to lure women into private …
Read More »Jim Cramer says he likes Corteva and Nucor for 2023
[ad_1] CNBC’s Jim Cramer on Monday offered investors two stocks they should consider adding to their portfolios. Stocks in the materials sector tend to be highly cyclical, meaning they could get hammered if the Federal Reserve’s interest rate hikes tip the economy into a recession, he explained. And while it’s …
Read More »Trust Jerome Powell’s ‘winning hand’ against inflation
[ad_1] CNBC’s Jim Cramer on Monday brought back his mantra from earlier in the year, when the Federal Reserve was still ramping up its aggressive interest rate hike campaign: Trust Chair Jerome Powell to get the job done. “He’s one of the best central bankers in the world and he’s …
Read More »Harvey Weinstein found guilty of rape, sexual assault in Los Angeles trial
[ad_1] Harvey Weinstein arrives at Manhattan Criminal Court with his attorneys on Feb. 24, 2020. Alec Tabak | New York Daily News }| Getty Images Harvey Weinstein was found guilty of one count of rape and two counts of sexual assault but acquitted of one count of sexual battery after …
Read More »Charts suggest a Santa Claus rally is still in play
[ad_1] CNBC’s Jim Cramer on Monday said there could be an opportunity to buy stocks ahead of a possible rally. “The charts, as interpreted by Larry Williams, suggest that Christmas is not going to be canceled for Wall Street — he thinks we still have a Santa Claus rally coming, …
Read More »Lucid raises $1.5 billion from Saudi public wealth fund, others
[ad_1] Lucid Motors CEO Peter Rawlinson claps after ringing the opening bell at the Nasdaq MarketSite as Lucid Motors (Nasdaq: LCID) begins trading on the Nasdaq stock exchange after completing its business combination with Churchill Capital Corp IV in New York City, July 26, 2021. Andrew Kelly | Reuters Electric …
Read More »Tesla gets downgraded on Wall Street over Elon Musk’s Twitter antics, banning of journalists
[ad_1] CNN — Elon Musk’s management of Twitter, including the banning of multiple journalists, has “severely damaged” market sentiment around Tesla, and risks sparking a backlash from advertisers and consumers, a Wall Street analyst warned on Monday. Oppenheimer & Co. downgraded its rating on Tesla, where Musk is the CEO, …
Read More »Disney shares fall after ‘Avatar’ opening weekend comes in soft
[ad_1] Avatar: The Way of Water Courtesy: Disney Co. Shares of Disney dropped on Monday following a weaker-than-expected opening box office weekend for James Cameron’s “Avatar: The Way of Water.” Disney shares were trading down more than 4% at around $86 each, hitting a 52-week low for the company that …
Read More »Inside a Malibu mansion on sale for $58.8 million
[ad_1] This $58,808,000 mansion overlooking the Pacific Ocean is one of the largest homes for sale in Malibu. At 16,600 square feet, it’s the grandest single-structure residence in town and a whopping 4,100 square feet bigger than the next-largest home on the market. The Bali-inspired residence at 11870 Ellice Street, …
Read More »Millionaires plan to cut their holiday spending due to inflation
[ad_1] A pedestrian carries shopping bags while walking through Union Square on May 17, 2022 in San Francisco, California. Justin Sullivan | Getty Images American millionaires are trimming their holiday spending and becoming more budget-conscious as a result of inflation, a sign that spending cuts are now rising up the …
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