Author: Press Room

Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Wednesday’s key moments. Stay bullish on oil Look for a dip to buy MS Watch for a pullback in cloud stocks 1. Stay bullish on oil despite the slide Oil prices continued to slide Wednesday, with West Texas Intermediate crude down more than 4% midmorning. The U.S. oil benchmark has tumbled more than 6% over the past 5 trading days, to roughly $73.5 a barrel. But, at the Club, we’re bullish on oil for 2023 and think the…

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For the third time since joining the European Union, Sweden is taking over the rotating presidency of the EU Council, one of the bloc’s co-legislators.For the next six months, the Nordic country will be tasked with setting the political agenda and steering the debate among member states, a hard job that has become even harder in the midst of multiplying crises.The new right-wing coalition government, made up of three parties and led by Prime Minister Ulf Kristersson, has promised to uphold the bloc’s fundamental rights and maintain the political unity forged in the wake of Russia’s invasion of Ukraine.But the…

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All products featured on Vogue are independently selected by our editors. However, we may earn affiliate revenue on this article and commission when you buy something.Kendall Jenner and Hailey Bieber sported cosy shearling, colorful snow gear and wild-card footwear during their recent holiday to Aspen. But, since returning to Los Angeles, they’ve packed away their puffers in favor of gym kits, ready to tackle January blues head on with a workout.Having welcomed in 2023 wearing Instagram-worthy outfits—Hailey in a cut-out Mugler minidress and Kendall in an MM6 Maison Margiela bodysuit and tights—the duo hit a Pilates class at Get Hot…

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Studies suggest that the gut microbiota and the brain communicate in a bidirectional manner, with changes in gut microbiome composition and function associated with neurodegenerative conditions.A recent study found that a probiotic bacterial strain could prevent the development of paralysis and degeneration of motor neurons in a worm model of amyotrophic lateral sclerosis (ALS).The study found that the ALS worm model showed alterations in lipid metabolism, and the neuroprotective effects of the probiotic bacterial strain were mediated by normalizing these changes.These findings suggest that probiotics could potentially have a role in the treatment of neurodegenerative conditions, but further research is…

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Rep. Kevin McCarthy (R-Calif.) sits in the House Chamber during the third round of votes for House Speaker on the opening day of the 118th Congress on Tuesday, January 3, 2023, at the U.S. Capitol in Washington DC.Matt McClain | The Washington Post | Getty ImagesWASHINGTON — The U.S. House of Representatives adjourned for a second night this week without electing a new speaker after GOP leader Kevin McCarthy, R-Calif., failed in six consecutive votes to secure enough support to be elected to the post.The House adjourned Wednesday night after breaking for several hours earlier in the evening to give…

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Coinbase signage in New York’s Times Square during the company’s initial public offering on the Nasdaq on April 14, 2021.Robert Nickelsberg | Getty ImagesCoinbase settled a case with New York’s state financial regulator, the parties announced Wednesday, and will pay a $50 million fine and invest a further $50 million in compliance efforts. Regulators from the New York Department of Financial Services said the company had longstanding failures in its anti-money laundering program.Coinbase shares closed up over 12% on the settlement news. The company is the only publicly traded cryptocurrency exchange in the United States. Coinbase disclosed the regulatory probe…

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2022 GMC Sierra 1500 Denali UltimateGMDETROIT – General Motors reclaimed its U.S. sales crown from Toyota Motor last year as the Detroit automaker eked out a slight gain in annual U.S. vehicle sales despite supply chain problems.GM said Wednesday it sold 2.27 million vehicles in the U.S. in 2022, up by 2.5% over 2021, including a 41.4% increase during the fourth quarter. Analysts expect overall U.S. auto industry sales to have declined by 7% and 10% last year compared to 2021.Toyota said it sold 2.1 million vehicles in the U.S. last year, down 9.6% from 2021. The company was able…

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