Michael Avenatti expected to be indicted on 36 criminal counts by federal grand jury in Los Angeles

Michael Avenatti expected to be indicted on 36 criminal counts by federal grand jury...

Frederic J. Brown | AFP | Getty Images Michael Avenatti gestures while addressing the media outside the Ronald Reagan Federal Courthouse in Santa Ana, California on April 1, 2019, following his appearance at a US District Court on a criminal complaint charging him with bank and wire fraud. Celebrity lawyer Michael Avenatti was slammed Thursday…
CDC suspects ground beef is the source of recent E. coli outbreak

CDC suspects ground beef is the source of recent E. coli outbreak

The Centers for Disease Control and Prevention is homing in on ground beef as the source of the latest E. coli outbreak in the U.S., the agency said Friday, citing preliminary findings in its ongoing investigation. "Traceback investigations are ongoing to determine the source of ground beef supplied to grocery stores and restaurant locations where…
Weed supporters are celebrating this 420 as legalization gains momentum

Weed supporters are celebrating this 420 as legalization gains momentum

Cannabis advocates have a lot to celebrate this April 20, the unofficial marijuana holiday. Efforts to legalize marijuana are gaining momentum at both the state and federal level. Congress legalized marijuana's close cousin, hemp, in December. And public support for cannabis is higher than ever. "Never in modern history have we had more political support…
Cramer: These stocks could benefit from Tiger Woods’ Masters win

Cramer: These stocks could benefit from Tiger Woods’ Masters win

The golfing industry might be in for a windfall after Tiger Woods clinched his fifth Masters win on Sunday, CNBC's Jim Cramer said. "I think the golf renaissance is about to blow up thanks in part to the Tiger Woods effect, and right now the best pure play on the industry is Acushnet Holdings," the…
70% of Wall Street thinks Trump will be reelected in 2020

70% of Wall Street thinks Trump will be reelected in 2020

A new poll of Wall Street insiders shows that a vast majority expect President Donald Trump to win reelection in 2020. While Joe Biden was viewed as the most stock market-friendly possible Democratic candidate for the White House, more than 70% of survey respondents told global investment bank RBC Capital Markets that they expect Trump…
Federal tax breaks for donating to these state-run funds are on shaky ground

Federal tax breaks for donating to these state-run funds are on shaky ground

Whether taxpayers who gave to these funds in 2018 can claim a charitable deduction on their federal return for that year is also uncertain. The IRS and Treasury's proposed rule had an effective date of Aug. 27, 2018. If you made a contribution to a state fund after that date and then claimed it on…
Cramer’s game plan: Keep an eye on retail sales and employment data

Cramer’s game plan: Keep an eye on retail sales and employment data

Lyft's $87 opening price is a "win for the system," even though it may have been a loss for investors that were overeager, CNBC's Jim Cramer said Friday. "I cannot stress this enough: we're at the start of an IPO season that looks on track to bring a trillion dollars' worth of companies public," the…
Salmonella outbreak across 9 states is linked to pre-cut melons, CDC says; at least 93 people infected

Salmonella outbreak across 9 states is linked to pre-cut melons, CDC says; at least...

An outbreak of salmonella that's sickened 93 people across nine U.S. states is linked to pre-cut melons from Indianapolis-based produce company Caito Foods, the Centers for Disease Control and Prevention (CDC) said late Friday. The pre-cut melon products have been recalled from Whole Foods, Kroger and other retailers across the nine states reporting infections. Caito…
On eve of Lyft’s much-hyped debut, Warren Buffett says regular investors shouldn’t buy hot IPOs

On eve of Lyft’s much-hyped debut, Warren Buffett says regular investors shouldn’t buy hot...

On the eve of Lyft's much-anticipated initial public offering, billionaire investor Warren Buffett said regular investors shouldn't attempt to buy hot offerings in a hot market. While he was speaking generally of IPOs and not specifically of Lyft, the comments by Berkshire Hathaway's CEO come amid a big wave of announced and anticipated IPOs as…
Stocks making the biggest moves after hours: Snap, eBay, Texas Instruments and more

Stocks making the biggest moves after hours: Snap, eBay, Texas Instruments and more

Check out the companies making headlines after the bell: Shares of Snap soared as much as 10%, before paring gains to trade just 1% up, in extended trading Tuesday following the release of the company's strong first-quarter earnings. Snap, the maker of Snapchat, reported a 10 cent loss per share, compared to the estimated loss…

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