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After years of seeking redemption from his criminal history, country star Jelly Roll has finally been pardoned for two previous felony convictions related to robbery and drugs. On Thursday, Tennessee Gov. Bill Lee granted the musician a pardon for both felonies, which date back to before 2010, formally extending him forgiveness from the state. The singer was one of 33 people to receive pardons on Thursday from Lee, who for years has issued clemency decisions around the Christmas season. The two met for the first time at the governor’s mansion, where they shared a hug in front of holiday decorations.…

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Los Angeles Rams wide receiver Puka Nacua issued an apology on Thursday for making an antisemitic gesture on Adin Ross’ livestream this week, as part of a proposed new touchdown celebration. In the video shared Tuesday, Ross suggests that Nacua rub his fingers together to indicate money and greed, a move that’s been used to reference a Jewish stereotype. After prompting from Ross, the football star promised he would incorporate the gesture into his next touchdown dance. The backlash against Nacua was swift and he apologized on social media. “When I appeared the other day on a social media livestream, it…

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XRP exchange-traded funds have surpassed $1 billion in assets due to the long-standing recognition of the token among mainstream market participants, combined with its strong price performance over the past few years, according to a crypto executive.It comes as spot Ether (ETH) ETFs continue to post outflows, while spot Bitcoin (BTC) ETFs have recorded choppy performance over the past week.“Many investors are taking a position in XRP because of the familiarity. It has a long track record,” Sui Chung, the CEO of crypto price index provider CF Benchmarks, told CNBC on Wednesday.XRP’s 3-year return not unnoticed by investorsChung said that…

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Stock Chart IconStock chart iconSentinelOne’s year-to-date stock performance.SentinelOne: “No…You got to stick with a high-quality one. Got to stick with CrowdStrike or Palo Alto Networks.”Stock Chart IconStock chart iconBitMine Immersion Technologies’ year-to-date stock performance.Stock Chart IconStock chart iconCredo Technology Group’s year-to-date stock performance.Credo Technology Group: “Credo’s a winner…We think that Credo has one of the great growth stories, and I’m not going to back away from it.”Stock Chart IconStock chart iconCiena’s year-to-date stock performance.Ciena: “It’s moved a great deal. That was an amazing quarter…I’m not going to fight you on it.”Jim Cramer’s Guide to InvestingSign up now for the CNBC Investing…

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Aerial view of Mt. Fuji, Tokyo Tower and modern skyscrapers in Tokyo on a sunny day.Yongyuan | E+ | Getty ImagesJapan equities and bond yields jumped after the central bank raised its policy rate to a three-decade high. The decision comes as inflation has stayed above its target levels for nearly four years now.The Bank of Japan raised benchmark rates by 25 basis points to 0.75%, their highest level since 1995, and in line with expectations of economists polled by Reuters.Japan’s consumer inflation rate dropped to 2.9% in November, government data showed Friday. Core inflation, which strips out prices of…

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FedEx CEO Raj Subramaniam reviewed the shipping company’s quarter in a Thursday interview with CNBC’s Jim Cramer, emphasizing strength in business-to-business transactions.”FedEx is the heartbeat of the industrial economy — that’s the global network that we have put in place,” Subramaniam said. “Our focus is always on differentiation and providing new value for our customers.””So we are winning in key verticals,” he continued, “Whether it’s healthcare, whether it’s aerospace, whether it’s defense, and now the newly-minted data center, you know, and the AI investments.”FedEx beat on the top and bottom lines when it posted its quarterly report Thursday after close.…

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A top official in Mayor-elect Zohran Mamdani’s incoming administration resigned abruptly Thursday after a series of anti-Jewish tweets were uncovered, just one day after her appointment was announced. Cat Da Costa, who would have served as Mamdani’s head of appointments in the mayor’s office, resigned hours after the social media posts were unearthed. She would have been tasked with screening top hires for his administration. “I spoke with the Mayor-elect this afternoon, apologized, and expressed my deep regret for my past statements,” Da Costa said in a statement. In tweets from 2011 and 2012, per screenshots shared by the Anti-Defamation…

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Rapper Wiz Khalifa was sentenced on Thursday to nine months in a Romanian prison following his arrest last year for possession of marijuana. Khalifa was arrested and briefly held in July 2024 after smoking onstage during his set at the Beach, Please! Festival in Costinesti. Prosecutors said the rapper, whose real name is Cameron Jibril Thomaz, was in possession of more than 18 grams of cannabis. In Romania, possession of marijuana for personal use can result in a prison sentence of between three months and two years, or a fine. Khalifa apologized at the time, writing on social media that he…

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Coinbase, the largest US-based crypto exchange, has appointed George Osborne, a former United Kingdom chancellor of the exchequer, to run the company’s internal advisory council.The decision to appoint Osborne, who began working as a Coinbase advisor in 2024 during its battle with the US Securities and Exchange Commission (SEC), is part of Coinbase’s strategy of expanding its influence with foreign governments, according to Reuters.Osborne announced the new lead position on Thursday, framing it as a learning opportunity. He said:“Serving on Coinbase’s advisory council for over two years, I have seen the blockchain revolution and the potential to spread ownership to…

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Brazilian stock exchange B3 announced a move deepening its ties to digital assets through the launch of a tokenization platform and stablecoin for settlements, starting in 2026.In a Tuesday notice to investors, B3’s vice president of products and clients, Luiz Masagão, said the exchange plans to launch a tokenization platform for traditional assets, starting with stock market offerings. He added that B3 would also issue its own stablecoin as “a tool to enable trading in tokens.”“The great value of having this tokenization platform connected to the traditional ecosystem is that assets are fungible,” said Masagão. “The token buyer won’t know…

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