Biden admin ‘breaks’ Disinformation Governance Board: report

Biden admin ‘breaks’ Disinformation Governance Board: report

They couldn’t handle the truth. The Biden administration has “paused” its controversial plans to create a Disinformation Board, causing its would-be leader to resign, according to a report Wednesday. The Washington Post reported that the Department of Homeland Security decided to scrap the idea Monday after weeks of backlash from Republicans, libertarians and even some … Read more

5 things to know before the stock market opens Wednesday, May 18

Here are the most important news, trends and analysis that investors need to start their trading day: 1. Stock futures fall as inflation claims another retailer Traders on the floor of the NYSE, May 17, 2022. Source: NYSE US stock futures dropped Wednesday as rising inflation slammed another retailer. Target sank 24% in the premarket, … Read more

Charts suggest upside for oil is limited despite short-term rallies, Jim Cramer says

CNBC’s Jim Cramer said Tuesday that while the price of crude oil might see some gains, it’ll be limited in duration and scale, leaning on analysis from DeCarley Trading commodity strategist Carley Garner. “The charts, as interpreted by Carley Garner, suggest that the good news for oil might be mostly baked in, meaning the upside … Read more

Ron DeSantis says Florida will take over Disney’s autonomous district

Florida Gov. Ron DeSantis said he wants the state — and not the counties — to assume control of the Disney-dominated self-governing body that has run the Orlando-area theme parks for more than 50 years. The Republican governor, who has won praise from many conservatives for staring down the Mouse House over the state’s “Don’t … Read more

Most Australians have money in the financial markets but now might be a particularly risky time to invest

The vast majority of Australians have money invested in the financial markets, whether we regularly think about it or not. Working-age Australians with super, younger investors new to the market and trading on apps, or those who won’t ever own property — millions of Australians are actively engaged in investing. Indeed, of those who began … Read more

Shooting along Indiana highway where SUV was stopped kills 2

Authorities say two men were fatally shot after a police officer and two good Samaritans stopped along a southern Indiana highway to help a driver who was stopped in the roadway ByThe Associated Press May 17, 2022, 2:56 PM • 2 min read Share to FacebookShare to TwitterEmail this article PALMYRA, Ind. — Two men … Read more

Twitch, a live-streaming giant, comes under scrutiny after Buffalo shooting

Gabby Jones/Bloomberg/Getty Images CNN Business — Twitch, the livestreaming giant popular among video gamers, has been thrust into the national spotlight after the suspect in the Buffalo grocery store mass shooting tried to broadcast the attack on the platform. Twitch removed the livestream less than two minutes after the violence began on Saturday, a spokesperson … Read more

Here’s what just happened that triggers stock market drops 71% of the time, warns Credit Suisse

Wall Street’s in an unusually bullish mood Tuesday morning. Tim Holland, chief investment officer at Orion Advisor Solutions, argues the market has just notched two peaks. Last week, the Labor Department finally reported an ever-so-slight decline in inflation, as a measure of individual investor sentiment showed the greatest percent of individual investors that were bearish … Read more

Ting Internet to Start Serving Alexandria Residents

For years, most Alexandria residents have had one choice for high-speed Internet service: Comcast. For at least some of those residents, a new option is arriving soon. A company called Tucows is bringing its Ting Internet service to Alexandria in the coming months. The company will be able to provide service to “tens of thousands” … Read more

Jim Cramer says to consider these five high-yielding stocks to upgrade your portfolio

CNBC’s Jim Cramer on Monday gave investors a list of five “accidentally high yielders” that he believes will provide investors refuge in the currently unpredictable market. “At the depths of the [2008] financial crisis, you got an amazing opportunity to buy the accidentally high yielders … real companies with stable dividends that had seen their … Read more