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☆ ‘The Secret Is Out’: Joan Vassos Is the First ‘Golden Bachelorette’
▼ + stars: | 2024-05-14 | by ( Callie Holtermann | More About Callie Holtermann | ) www.nytimes.com time to read: +1 min

It has only been a month since the storybook ending of “The Golden Bachelor,” ABC’s buzzy spinoff of “The Bachelor,” featuring cast members 60 and up, got a divorce-announcement epilogue. But ABC is giving the dating franchise another chance at love. Joan Vassos will be the first “Golden Bachelorette” in a new season of the reality dating show this fall. Ms. Vassos, a 61-year-old school administrator from Rockland, Md., was a contestant on the inaugural season of “The Golden Bachelor” last year. She chose to leave the show during its third week because her daughter was experiencing health problems soon after giving birth.

Persons: ”, Joan Vassos, Ryan Seacrest, Vassos, Gerry Turner, Ms, Turner Organizations: ABC Locations: Rockland, Md

☆ Earnings growth is a constructive backdrop for stocks: Rockland's David Smith
▼ + stars: | 2024-05-03 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailEarnings growth is a constructive backdrop for stocks: Rockland's David SmithDavid Smith, Rockland Trust chief investment officer, joins 'Power Lunch' to discuss the Fed, jobs numbers, inflation, and the markets.

Persons: Rockland's David Smith David Smith Organizations: Rockland Trust

☆ It Was the Biggest Job of His Life. Was He On Target, or Off by Half?
▼ + stars: | 2024-05-03 | by ( Graham Bowley | ) www.nytimes.com time to read: +1 min

Whenever a worthy cause needs help in Rockland, Maine, this town of 7,000 overlooking Penobscot Bay, people reach out to Bruce Gamage Jr., an auctioneer who runs an antiques shop downtown. Walking sticks? Gamage is as established an expert on such items as you’ll find around Rockland, a working-class town once known for its quarries and fish canneries. Many in town say he is just as self-sacrificing a spirit. “It’s almost all we need to do is send him the date, he is just so generous with his time,” said Amie Hutchison, executive director of Trekkers, a local nonprofit that mentors young people.

Persons: Bruce Gamage Jr, he’s, “ It’s, ”, Amie Hutchison Locations: Rockland , Maine, Penobscot, French, Rockland

☆ ADL gives Harvard and a dozen other universities failing grades on campus antisemitism
▼ + stars: | 2024-04-11 | by ( David Goldman | ) edition.cnn.com time to read: +6 min

New York CNN —The Anti-Defamation League has graded 85 American universities for their policies to protect Jewish students from antisemitism on campus. The ADL said antisemitic incidents on campus have reached historic levels, leaving Jewish students feeling unsafe. The dozen schools that received failing grades from the ADL include Harvard, MIT, Stanford, University of Chicago, Princeton, University of Virginia, Tufts, Michigan State University, University of Massachusetts Amherst, SUNY Purchase, SUNY Rockland, and Swarthmore. Harvard remains under federal investigation for potential Title VI violations, and several Jewish students have sued Harvard for failing to protect them from antisemitism. “Like all students, Jewish students deserve to feel safe and supported on campus.”Hamas’ October 7, 2023, attack on Israel left 1,200 dead, and hundreds of Israelis were taken hostage.

Persons: ”, I’m, Jonathan Greenblatt, Israel, Claudine Gay, Gay, Rabbi David Wolpe, Alan Garber, Raffaella Sadun, Derek Penslar, Larry Summers, Sadun, University of Pennsylvania –, Brandeis, Justice Louis Brandeis, Greenblatt Organizations: New, New York CNN, Defamation, Harvard, ADL, “, Civil, Education Department, University of Pennsylvania, Cornell University and Stanford, MIT, Stanford, University of Chicago, University of Virginia, Tufts , Michigan State University , University of Massachusetts, SUNY, Swarthmore . Harvard, Harvard Faculty, Staff, Justice, Harvard Undergraduate Palestine Solidarity Committee, American Resistance Organization, Education, Harvard’s Divinity School, Harvard Business School, Columbia, Rutgers, Brandeis, Elon, Students for Justice, Foundation, Combat, Elon University Locations: New York, United States, Israel, Princeton, Tufts ,, Tufts , Michigan State University , University of Massachusetts Amherst, SUNY Rockland, Palestine, “, Gaza

But the rattling shook buildings in New York City and drove startled residents into the streets. Image The command room of New York City Emergency Management. Today’s earthquake Magnitude 4.8 Conn. Pa. 1964 4.5 1994 4.6 250-mile radius from New York City Md. 250-mile radius from New York City Del. While earthquakes in New York City are surprises to most, seismologists say the ground is not as stable as New Yorkers might believe.

Persons: “, Kathy Hochul, ” Gov, Philip D, Murphy, Con Edison, Eric Adams, ”, Adams, Zach Iscol, Dave Sanders, Ron Hamburger, Valorie Brennan, Ada Carrasco, The New York Times “ I’ve, Kristina Feeley, Feeley, Folarin, “ There’s, Kolawole, Lazaro Gamio, Riyad H, Mansour, Janti, Hamburger, Michael Kemper, Clara Dossetter, David Dossetter, Dossetter, ’ ”, Lola Fadulu, Gaya Gupta, Hurubie Meko, Michael Wilson, William J . Broad, Kenneth Chang, Emma Fitzsimmons, Sarah Maslin Nir, Erin Nolan, Mihir Zaveri, Maria Cramer, Grace Ashford, Camille Baker, Liset Cruz, Michael Paulson, Patrick McGeehan, Troy Closson Organizations: ”, United States Geological Survey, Police Department, Fire Department, Con, Gracie Mansion, The New York Times, Whitehouse, New York City Emergency Management, Credit, Lamont, Columbia University, Maine CANADA, New York City Del, Lincoln Center, New York Philharmonic, United Nations, Children U.S, Security, New York Police, United Airlines, Newark Liberty International Airport Locations: Newark, New Jersey, Manhattan, Philadelphia, Boston, New York City, New York, Rockland County, Murphy of New Jersey, Whitehouse, N.J, California, Japan, Zach Iscol , New York, New, Northridge, Los Angeles, Califon, Marble, Ramapo, New York , New Jersey, Pennsylvania, Palisades, N.Y, N.H, Pa, New York City Md, Del, Va, Maine, R.I, Md, Palestinian, Gaza, East Coast, “, York, San Francisco, Gaya

☆ The fight against inflation is not over, says Rockland's Karl Farmer
▼ + stars: | 2024-04-04 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe fight against inflation is not over, says Rockland's Karl FarmerKarl Farmer, Rockland Trust VP, joins 'Power Lunch' to discuss his expectations for tomorrow's jobs report and what it could mean for the Fed's next moves.

Persons: Rockland's Karl Farmer Karl Farmer Organizations: Rockland Trust

Those more concerned with the climate crisis are asking a bigger question: what does this all mean for the planet? Gas-powered cars, hybrids and EVs all emit roughly the same amount of pollution to manufacture, until you get to producing the battery. Fully electric cars use large batteries made of materials that require heavy mining. And that would still mean less climate pollution on the road overall. And fully electric cars won’t be truly “green” until the energy that charges them comes from renewable sources, like wind and solar.

Persons: Akio Toyoda, EVs, Joe Biden’s, Toyota’s, Daniel Sperling, —, ”, Sam Abuelsamid, Abuelsamid, InfluenceMap, Biden, Kelley, Albert Gore, Gore, I’m, “, ” Monica Nagashima, Lia, Kena, Stephen Ciccone, ” Ciccone, BEV, ” UC’s Sperling Organizations: CNN, Toyota, Auto, US, Toyota Prius Prime, Toyota Toyota, Institute of Transportation Studies, University of California, Ford, EPA, Gas, American Council for, Prius, EV, InfluenceMap, United, Lexus, Cox Automotive, Zero Emission Transportation Association, Getty, Toyota Motor North America, ” Toyota Locations: California, West Virginia, Canada, Australia, United States, EVs, InfluenceMap’s, Japan, Rockland, Blauvelt , New York

☆ These 28 regional and community banks exceed regulators' threshold for high commercial real estate concentration risk: here's what's really at stake.
▼ + stars: | 2024-03-09 | by ( Laila Maidan | ) www.businessinsider.com time to read: +12 min

But where banks' exposure to commercial real estate is concerned, locating that fire may be difficult. Rising interest rates quickly increased the cost of borrowing for investors in commercial real estate, including offices and multifamily homes. It doesn't reveal details such as borrowers' track records, said Mark Hillis, a former chief risk officer for commercial real estate at JPMorgan. There's also varying concentration risk: the largest banks with commercial real estate exposure are more diversified, meaning that any losses won't be as devastating, Baker said. "We think very few banks will run into issues just from their commercial real estate exposure," Reidy said.

Persons: Michael Barr, Jerome Powell, Todd Baker, Mark Hillis, Clifford Rossi, Robert H, Rossi, Baker, There's, Hillis, multifamily, haven't, You'll, Banks, you'll, Rebel Cole, NYCB, Matt Reidy, Reidy, Cole Organizations: Federal Reserve, Business, York Community Bank, SEC, Richman Center for Business, Law, Columbia University, JPMorgan, Smith, Smith School of Business, University of Maryland, Mortgage Banker's Association, Bank, Signature Bank, First, Countrywide Bank, Washington Mutual, Citigroup, multifamily, Florida Atlantic University, Federal, Regulators, TCRE, Equity RCRE, Community Bank, Provident Bank NJ, Merchants Bank of Indiana, Apple Bank for Savings, Oceanfirst Bank, Independent Bank, Lakeland Bank NJ, Ozk, Washington Federal Bank WA, Axos Bank, Sandy Spring Bank, Columbia Bank NJ, Farmers, Merchants Bank of CA, Popular Bank, Pacific Premier Bank, United Bank, Trust, Rockland Trust, Umpqua Bank, ServisFirst Bank, Bell Bank, Stellar Bank, National Bank of, National Bank of Florida FL, New York Community Bank Locations: multifamily, Basel, CRE, California, Rockland, National Bank of Florida

☆ Nextera's sell off provides an attractive valuation for investors, says Rockland's Karl Farmer
▼ + stars: | 2024-02-23 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNextera's sell off provides an attractive valuation for investors, says Rockland's Karl FarmerKarl Farmer, Rockland Trust VP, joins 'Power Lunch' to discuss Nvidia, the healthcare sector and the Fed.

Persons: Rockland's Karl Farmer Karl Farmer Organizations: Rockland Trust, Nvidia

☆ The likelihood of a soft landing is extremely high, says Rockland's David Smith
▼ + stars: | 2023-12-04 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe likelihood of a soft landing is extremely high, says Rockland's David SmithDavid Smith, Rockland Trust chief investment officer, joins 'Power Lunch' to discuss the market, what's ahead for the Federal Reserve, the likelihood of a recession and more.

Persons: Rockland's David Smith David Smith Organizations: Rockland Trust, Federal Reserve

☆ With threats on the rise, many American Jews are buying guns, seeking training
▼ + stars: | 2023-11-06 | by ( Ashley Williams | Ashley R. Williams | ) edition.cnn.com time to read: +11 min

A rise in American Jewish gun ownership would come as a noticeable shift for a group that is historically liberal and a majority of which are registered Democrats. A 2018 American Jewish Committee poll showed 70% of Jewish respondents thought it was more important to control gun ownership than to protect Americans’ rights to own guns. The US government does not keep official statistics on gun ownership, including demographic information. Research from industry groups like the National Shooting Sports Foundation break down gun ownership by race and gender but not by religious affiliation. The spike in violence and hateful rhetoric has evoked fears within the Jewish community of another Holocaust, according to Daniel.

Persons: – Dani, –, ” Dani, ”, “ Allahu akbar ”, Dani, Gene Petrino, CNN he’s, Petrino, he’s, “ I’m, ” Petrino, “, Mark K, ” Mark, they’ve, I’m, Mark, David, Daniel, it’s, who’s, He’d, ’ ” Daniel, “ What’s, ’, ” Daniel, he’ll, Tzvi Waldman, Waldman, ” Waldman, you’re, ” He’s, David Culver Organizations: CNN, Defamation League, Palestinian, Hamas, “, Jewish, Shooting, Pew Research, Jewish Federations of, Jewish Community Center, New York State Jewish Gun Club Locations: Piru , California, Israel, United States, Southern California, Coral Springs , Florida, Houston, Jewish Federations of North America, ”, Fort Lauderdale , Florida, South Florida, Germany, Los Angeles, Rockland County , New York, Fort Lauderdale

☆ Cornel West’s Improvisational Run for President: ‘It’s Jazz All the Way Down’
▼ + stars: | 2023-10-27 | by ( Charles Homans | More About Charles Homans | ) www.nytimes.com time to read: +1 min

“Watch that truck!” he called out, holding up a United Auto Workers sign. A dump truck blew past, the spray from its wheels momentarily knocking Mr. West back on his feet and further soaking his already damp suit. But then President Biden announced that he, too, would be going to Michigan, a crucial swing state, on the same day. Still, Mr. West seemed determined to make the best of this Siberia of solidarity. “That’s it!” he shouted, fist raised, after the dump truck driver let out a low blast on his horn.

Persons: Cornel West, West, Biden Organizations: “, United Auto Workers, Michigan Locations: New York’s Rockland County, Michigan, Tappan , N.Y, Siberia

☆ Exxon-Pioneer deal supports cash flow and dividend, says Rockland Trust's David Smith
▼ + stars: | 2023-10-24 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailExxon-Pioneer deal supports cash flow and dividend, says Rockland Trust's David SmithDavid Smith, CIO of Rockland Trust Investment Management Group, joins 'Power Lunch' to discuss the difficulty investors are having predicting market performance given the economic environment, and the case for growth stocks in a volatile market, and opportunities to invest in companies with strong multiple expansion.

Persons: Rockland, David Smith David Smith Organizations: Exxon, Pioneer, Rockland Trust Investment Management Group Locations: Rockland

But he eluded capture, even as dozens of people in Haiti and nearly a dozen in the United States were arrested in connection with the killing. Evidence indicates that Mr. Badio was involved in nearly every aspect of the conspiracy, Mr. Johnston said. The Justice Department in Washington has accused several South Florida businessmen of orchestrating the assassination so they could install a puppet as president and secure lucrative contracts with the Haitian government. No U.S. charges have been announced against Mr. Badio, who owns a house in Rockland County, N.Y. Phone records viewed by The New York Times show calls between Mr. Badio and Ariel Henry, now Haiti’s prime minister, both before and after Mr. Moise’s killing, each of which lasted several minutes.

Persons: Badio, “, ”, Jake Johnston, Johnston, Ariel Henry, Moise’s Organizations: Mr, Justice Ministry, Center for Economic, Research, The Justice Department, The New York Times Locations: Haiti, United States, Washington, Florida, Haitian, Rockland County

☆ A Local’s Guide to Portland, Maine and Beyond
▼ + stars: | 2023-09-22 | by ( Jessica Battilana | Richard Pedaline | ) www.nytimes.com time to read: +1 min

But Maine’s desirability is nothing new. More recently, the state’s creative spirit has resulted in a dynamic food scene. Kazeem Lawal, the owner of the clothing and accessories store Portland Trading Co., moved from New Jersey to Portland 14 years ago, and has witnessed its stratospheric growth from a small port town to a destination city. “It’s a bit like the Brooklyn of 20 years ago, with old and new coexisting,” he says. “and it’s continuing to grow and evolve, as all cities should and do.”

Persons: Portland’s, Kazeem Lawal, ”, “ Organizations: Artists, of Crafts, Portland Trading Co Locations: Ogunquit, Deer, Rockland, Portland, New Jersey, “, Brooklyn

☆ Saratoga Springs, N.Y.: An Urban Oasis at the Foot of the Adirondacks
▼ + stars: | 2023-09-13 | by ( Jill P. Capuzzo | ) www.nytimes.com time to read: +1 min

For more than 30 years, Gregory and Loretta Smith were regular visitors to Saratoga Springs, N.Y., traveling from their home in Rockland County on weekends and summer holidays to attend the horse races and enjoy the pace of life in this small city about three hours north of Manhattan. “We started to discuss, ‘Where do we want to put our roots down?’” Ms. Smith, 61, recalled. “And I said, ‘I want to live here. It has everything we want: a small walkable city with a good social environment, and access to nature. Just an overall phenomenal quality of life.’” That’s how the couple came to buy a 1,219-square-foot, two-bedroom ranch house on 0.23 acres for $399,000 in April.

Persons: Gregory, Loretta Smith, —, “, Ms, Smith, ‘, ’ Locations: Saratoga Springs, N.Y, Rockland County, Manhattan, Rikers, New York City

☆ Hidden investors took over Corizon Health, a leading prison healthcare company. Then they deployed the Texas Two-Step.
▼ + stars: | 2023-08-21 | by ( Nicole Einbinder | Dakin Campbell | ) www.businessinsider.com time to read: +63 min

The nurse practitioner on duty that day was employed by Corizon Health, Inc., one of the nation's largest private prison healthcare providers. Under federal law, a bankruptcy judge may respond to evidence of self-dealing or perjury by appointing a trustee to take control of the bankrupt company, bankruptcy experts told Insider. Just six months before the Garcia family was scheduled to have their day in court, Corizon filed for bankruptcy. "The Corizon bankruptcy is presently in a court ordered mediation, and we are seeking a global resolution for all the parties involved." Goldberger's attorney, Joseph Haspel, responded to queries with a statement saying that "Mr. Goldberger is a passive investor" in Corizon, Tehum, YesCare, Perigrove, and Perigrove 1018.

Persons: Hector Garcia, Garcia, wriggling, Adria Malcom, Corizon, Bryan Baker, —, Doña Ana, Corizon ., Garcia's, Daniel Jimenez, Gina Macias, Belen Lowery, Hector Garcia , Jr, it's, Johnson, Tehum, Sen, Elizabeth Warren, I've, Isaac Lefkowitz, James Hyman, YesCare, Lefkowitz, Ian Cross, Lynn LoPucki, Tracey Grissom, William Kelly, Kelly, Hector Garcia Jr, Hector Jr, Ricky, he'd, Hector Garcia's, Ana County , New Mexico Hector Jr, Matt Coyte, Coyte, Hyman, didn't, Sara Tirschwell, Kholood, Tirschwell, Jason S, Ana County, Nick Tomecek, Christopher Atkinson, Wendy McGee, McGee, Stephanie Kiger, Anita Skipper, Atkinson, He's, Simche Steinberger, England, Steinberger's, Steinberger, Michael Flacks, Sylvia Jarrus, Cross, he's, David Gefner, Abraham Goldberger, Gefner, Perigrove, Terrence A, they'd, Oved, Goldberger, CHS Dana Anna, Flacks, Moneyman, Joel Landau, Joseph Haspel, Haspel, Andrew Levander, Landau, James Hyman's, It's, Genesis, David Harrington, Bill de Blasio, there'd, Hindenburg, David Paterson, Mark Roe, availing, Dick Durbin, Gefner . Lefkowitz, Tirschwell —, Davidson Kempner, Tim Hunter, Tirschwell's, catastrophically, Tirschwell's playbook, Jeff Sholey, Sholey, Steven Storch, Daniel's Organizations: Detention, Insider, Corizon Health, Inc, Housing, University of Missouri Health Care, Arizona Department of Corrections, Rehabilitation, Senate Banking Committee, Court, Middle, University of Florida, Alabama, futon, Health Services, New, Arizona, BlueMountain Capital Management, Flacks, Revenue, Corizon, New York Times, Tehum Care Services, CHS, YesCare Holdings, Okaloosa, Wyoming Department of Corrections, University of West, YesCare, Public, Alabama Department of Corrections, . Alabama Department of Corrections, Tehum, US, University of Missouri, LinkedIn, Flacks Group, Consulate Health Care, Justice Department, YesCare Corp, United Staffing Solutions, Charlotte, CHS Okaloosa, United, Solutions, Pharmacorr, Trade Center, Securities and Exchange Commission, Hindenburg Research, Alabama Department, Corrections, Geneva Consulting, Genesis Healthcare, Trade, Geneva, New York Stock Exchange, Pinta Capital Partners, The, Pinta Capital, New York Gov, Staffing Solutions, DG Realty, Harvard Law School, ACLU, Public Justice, Lawyers, Seven Trade, World Trade, Gefner, Southern, Southern District of Texas, The Alabama Department of Corrections, Southern Poverty Law Center, Medicare, Services, Quest Turnaround Advisors, New York City, Republican, city's Campaign Finance, CFB, Campaign Finance, Finance Locations: Ana, Las Cruces , New Mexico, facility's, Doña, Jimenez's, Las Cruces, Houston, New, Rockland County, Texas, Middle District, Tennessee, Michigan, Virginia, New York, Oregon, Idaho, New Mexico, Ana County , New Mexico, Corizon, Florida, New York City, A, York, Nashville, Missouri, Brentwood , Tennessee, Delaware, Okaloosa, Florida's panhandle, Okaloosa County, Okaloosa County , Florida, University of West Florida, YesCare, Wyoming, Shawnee County , Kansas, Bernalillo County , New Mexico, Tehum, Perigrove, Suffern, Brooklyn, America, Manhattan, Suffern , New York, Geneva, nonpayment, United States, Rivington, Alabama, Southern District, Wexford, Maine, Corizon's Texas, Mexico, Tirschwell's, YesCare Corp

☆ A New York City Migrant Contractor Faces Scrutiny in Sexual Assault Cases
▼ + stars: | 2023-08-20 | by ( Jay Root | More About Jay Root | ) www.nytimes.com time to read: +2 min

New York City has put DocGo in charge of key tasks, including helping to manage its main intake center at a Manhattan hotel. The police in the Buffalo suburb of Cheektowaga, where some migrants relocated from New York City are staying, say they are investigating the interactions DocGo had with the victims and suspects in two alleged sexual assaults before the police arrived. In one instance, a migrant was accused of assaulting another migrant staying at one of the hotel shelters DocGo operates, and in another instance a migrant was accused of assaulting a DocGo subcontractor. DocGo’s chief executive, Anthony Capone, said the company was “devastated by what happened” and was fully cooperating with law enforcement. After the assault allegations, New York City temporarily halted migrant relocations to Buffalo, and Ms. Hochul has sent National Guard troops to the hotels where they are staying.

Persons: DocGo, Brian Gould, “ We’re, ”, Anthony Capone, Hochul, Brad Lander Organizations: New York City, National Guard Locations: York City, Manhattan, Buffalo, Cheektowaga, New York City, DocGo, Albany, New York, Rockland County

☆ Here are 17 stocks Jim Cramer is watching, including Home Depot, Exxon and Intel
▼ + stars: | 2023-08-16 | by ( Jim Cramer | ) www.cnbc.com time to read: +2 min

Datadog (DDOG) price target raised to $133 from $127 at Bernstein, consensus could go higher. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.

Persons: Frank Slootman, Bernstein, JD.com, Cowen, BTIG, Marcus Hook, Jim Cramer's, Jim Cramer, Jim, Matt Stone Organizations: Mizuho . Company, Intel, Tower Semiconductor, Exxon, Mizuho, Sea, Chevron, National Futures Association, Energy, Crestwood, Jim Cramer's Charitable, CNBC Locations: China, Rockland , Massachusetts

☆ The biggest banks are not in peril despite Fitch warning, says Rockland Trust's Doug Butler
▼ + stars: | 2023-08-15 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe biggest banks are not in peril despite Fitch warning, says Rockland Trust's Doug ButlerDoug Butler, Rockland Trust senior vice president, joins 'Power Lunch' to discuss Fitch's warnings about banks and the broader market.

Persons: Fitch, Rockland, Doug Butler Doug Butler Organizations: Rockland Trust

☆ Read Your Way Through Maine
▼ + stars: | 2023-07-26 | by ( Lily King | ) www.nytimes.com time to read: +1 min

Read Your Way Around the World is a series exploring the globe through books. Maine is where you send a character you want to get rid of, someone who goes off to raise goats, farm oysters, prep for the apocalypse — or write a novel. I was in my mid-20s, waitressing on an island off the coast of Rockland, Maine, when the actor William Hurt — ultrafamous, at the height of his career — sat down in my section. Our shoreline is vast, over 3,000 miles of it, with hundreds of peninsulas and more than 4,000 islands. But Maine is not all coast.

Persons: William Hurt —, —, I’d, He’d Locations: Maine, California, Union, Rockland , Maine, Massachusetts

☆ What’s ahead this week for Wall Street and the economy
▼ + stars: | 2023-07-23 | by ( Krystal Hur | ) edition.cnn.com time to read: +5 min

Case Shiller house price index for May and consumer confidence for July from the Conference Board. Earnings reports from AT&T, Boeing, Meta Platforms, Mattel, Stellantis and Chipotle Mexican Grill. Earnings reports from Coca-Cola, Mondelez, Honeywell, Keurig Dr Pepper, Royal Caribbean, Anheuser-Busch Inbev, Southwest Airlines and Hershey. Friday: Personal Consumption Expenditures price index for June, Employment Cost Index for the second quarter and University of Michigan consumer sentiment for July. Earnings reports from Procter & Gamble, Chevron and Exxon Mobil.

Persons: Jerome Powell, David Smith, Powell, Christopher Waller, ”, Dustin Thackeray, Tesla, Chris Isidore, —, Case, Dr Pepper Organizations: CNN Business, Bell, CNN, Fed, Traders, Rockland Trust, Big Tech, Microsoft, Meta, Crewe Advisors, Nasdaq, Netflix, Safety, Health Administration, doesn’t, Biden Administration, Bureau of Labor Statistics —, Ryanair, Federal Reserve, Conference Board, General Motors, Daniels, Midland, Verizon, PacWest, Boeing, Mattel, Honeywell, Anheuser, Busch Inbev, Southwest Airlines, Hershey, University of Michigan, Procter & Gamble, Chevron, Exxon Mobil Locations: Rockland, American, United States, PacWest Bank, Royal Caribbean

☆ The good news and the unknowns for bank stocks after the Fed's latest stress tests
▼ + stars: | 2023-06-30 | by ( Morgan Chittum | ) www.cnbc.com time to read: +6 min

Understandable because this year's stress tests came against a backdrop of uncertainty for the sector. The stress tests Starting in the aftermath of the 2007-2009 Great Financial Crisis, bank stress tests were designed as a tool to ensure that so-called too-big-to-fail institutions could endure a similar calamity. WFC MS YTD mountain Wells Fargo vs. Morgan Stanley YTD performance It's worth noting that Wells Fargo is in a unique situation compared to its rivals. He added that the "stress tests only really address a macro environment where rates decline during a crisis. A sign is posted in front of a Wells Fargo Bank on April 14, 2023 in San Bruno, California.

Persons: Morgan Stanley, Nicholas Colas, Wells Fargo, Doug Butler, Wells, Colas, Chris Kotowski, Oppenheimer, Banks, Kotowski, Jim Cramer's, Jim Cramer, Jim, Justin Sullivan Organizations: Wells, Silicon Valley Bank, Bank, Research, CNBC, Fed, JPMorgan, Bank of America, Rockland Trust, Citi, Equity, WFC, Wall, Wells Fargo Bank Locations: U.S, Silicon, Wells, Rockland, Wells Fargo, San Bruno , California

“It is a crisis situation,” Ms. Hochul acknowledged on Tuesday. “There’ll be literally thousands more individuals coming across the border and ultimately find their way up to the State of New York.”Counties near the city are now bracing for overflow, some more willingly than others. The executive of the Democratic stronghold of Westchester County, just to New York City’s north, is open to welcoming some undocumented migrants from the city’s overflowing shelter system. “We are not a sanctuary county,” Mr. Blakeman said. Deputies with the Rockland County Sheriff’s Department sat a few yards away in cream-colored cruisers, ready to block the entrance of any approaching bus.

☆ Suburbs Are Furious at Adams’s Plan to Send Migrants to Their Hotels
▼ + stars: | 2023-05-07 | by ( Stefanos Chen | ) www.nytimes.com time to read: +1 min

Although Mr. Adams said that he had consulted with the state and with local officials, at least two said they were caught off guard and vowed to fight the plan. “It felt like they were trying to do a Friday night drop,” said Teresa Kenny, the town supervisor of Orangetown, who said she learned about the plan only hours before Mayor Adams announced the move. “I feel like the mayor called me to check a box so he couldn’t be criticized for not talking to us.”The Rockland County executive, Ed Day, said he was stunned by Mr. Adams’s plan, and moved quickly to find a way to stop it. He issued the state of emergency order on Saturday, declaring that no municipality could transport or house migrants in Rockland without his permission. “They’re basically dumping them into a county where we’re not prepared for them,” he said.

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