Author: Editor-In-Chief
Outgoing Dow Chief Executive Officer Jim Fitterling said clearing up the Strait of Hormuz disruption could take much longer than investors expected.”The scenario planning that we did said that even if the Straits were to reopen today, just clearing the logistical logjam… it would take 275 days, it would take longer now,” he told Jim Cramer on CNBC’s “Mad Money” on Thursday.The Strait of Hormuz was effectively closed in early March at the outbreak of the Iran war, causing a major bottleneck in global energy and petrochemical flows. Mr Fitterling said the path back to normalcy would be slow and…
Sell 25 shares of Broadcom stock at approximately 418.57. Following the transaction, the Jim Cramer Charitable Trust will own 365 shares of AVGO stock, reducing its weight in the portfolio from 4.30% to approximately 4%. Semiconductor stocks are having another good day on the market thanks to Intel’s positive comments about central processing unit (CPU) demand in the age of agent AI. The Philadelphia Stock Exchange Semiconductor Index, also known as SOX, went completely parabolic, extending its rally into 18 consecutive sessions. It increased by about 50% in this section. We’re not trying to chase semiconductor stocks after a rally…
Iranian Foreign Minister Abbas Araghchi is scheduled to fly to Islamabad on Friday night to discuss the next steps in stalled peace talks with the United States, a Pakistani official involved in the matter told MS NOW.Araghchi and a small team will consult with Pakistani mediators about the possibility of a second round of negotiations with the United States, said the official, who spoke on condition of anonymity due to the sensitivity of the issue, MS NOW reported.The first round of peace talks was held in Islamabad about two weeks ago, with Vice President JD Vance leading the US side,…
Friday’s announcement is expected to pave the way for confirmation of his successor, Kevin Warsh.Published April 24, 2026April 24, 2026The U.S. Department of Justice has concluded its investigation into Federal Reserve Chairman Jerome Powell, removing a major hurdle to the confirmation of his successor, Kevin Warsh.District of Columbia Attorney Jeanine Pirro said on Friday’s X show that her office is closing its investigation into the Fed’s major building renovations, instead for scrutiny by the Fed’s inspector general.Recommended stories list of 4 itemsend of listPirro, a Trump ally and the top federal prosecutor in Washington, D.C., said he had instead asked…
Multiple tornadoes touched down across the central United States on Thursday, including a powerful twister that caused significant damage and multiple injuries in Oklahoma, marking the beginning of several days of severe thunderstorms that could be dangerous for the region. Thursday was the first of at least five consecutive days of significant risk of severe thunderstorms. A varying level of tornado threat continues daily into Monday, with the risk of straight-line wind gusts and hail damage. A large, slow, and powerful tornado moved through Enid, Oklahoma Thursday evening, creating a rare tornado emergency. This is the National Weather Service’s most…
Gianluca Prestiani has been suspended for six games by UEFA for discriminatory behavior towards Vinicius Junior.The Real Madrid forward accused Prestiani of racial abuse during a Champions League match in February. A statement from UEFA said the suspension was due to homophobic abuse.Three of those six games resulted in a two-year suspension, including one game in which Prestianni was provisionally suspended in February.So, unless the three-game suspension is activated, he will actually only miss two more games.UEFA appointed an Ethics and Discipline Investigator after the match, which concluded that Prestianni’s actions were not racist but homophobic.UEFA announced that it has…
AI-powered dictation tools have become popular over the past few years. In addition to existing dictation apps like Wispr Flow, Superwisper, Willow, and Monologue, new apps are released every week. On Thursday, hardware company Nothing launched its own competing product called Essential Voice. The basic idea is similar to other dictation apps, and Essential Voice works with any app to convert audio into formatted text, removing filler words like “uh” and “ah” along the way. The company says you can also create custom audio shortcuts for words, links, templates, and repeated phrases. For example, you can assign the “My Address”…
Stock chart iconStock chart iconCritical Metals’ year-to-date stock performance. important metals: “That’s by design. If you really want to get into that industry, you need to buy MP materials.”Stock chart iconStock chart iconSoundHound AI’s year-to-date stock performance. Soundhound AI: “We don’t want to be in there…We can’t be in SoundHound.”Stock chart iconStock chart iconDave’s year-to-date stock performance. dave: “I…I like energy bars better than this kind of pseudo-fintech from Dave. We’re going to sell fintech. When I get home after work, I’m going to eat some Dave bars.”Stock chart iconStock chart iconRivian Automotive’s year-to-date stock performance. Rivian Automotive: “The last…
Federal Reserve Chairman Jerome Powell speaks during a press conference after the Federal Reserve Board’s Federal Open Market Committee meeting on October 29, 2025 in Washington, DC.Alex Wong | Getty ImagesThe Justice Department on Friday dropped a criminal investigation into Federal Reserve Chairman Jerome Powell, removing a major hurdle to the Senate’s confirmation of Kevin Warsh’s nomination to replace President Donald Trump.Jeanine Pirro, the top federal prosecutor for the District of Columbia, announced her decision to abandon the Powell investigation in a post about X three days after Warsh testified about his nomination before the Senate Banking Committee.Pirro said the…
An Israeli soldier was filmed pointing what appeared to be a hammer or ax at a statue of Jesus Christ in a village in southern Lebanon, which was replaced by Italian peacekeepers. After the images sparked outrage in Christian communities in Lebanon and around the world, Israel apologized and detained two soldiers. Six more soldiers are being questioned over the incident, which Israeli Prime Minister Benjamin Netanyahu said was “completely inconsistent with the expected values” of the Israel Defense Forces (IDF). On Wednesday, Italian peacekeepers escorted the Vatican’s ambassador to Lebanon, Archbishop Paolo Borgia, to the Christian-majority village of Debel,…