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President-elect Donald Trump selected Robert F. Kennedy Jr. to lead the Health and Human Services Department, the United States' top health agency. This cabinet appointment has created jitters among various healthcare stocks. I want to find a way to hedge my healthcare exposure and also capitalize on further potential downside in the lagging healthcare sector by using options in Health Care Select Sector SPDR ETF (XLV) . The trade I want to buy a put spread to express my short-term bearish view on healthcare. BEFORE MAKING ANY FINANCIAL DECISIONS, YOU SHOULD STRONGLY CONSIDER SEEKING ADVICE FROM YOUR OWN FINANCIAL OR INVESTMENT ADVISOR.
Persons: Donald Trump, Robert F, Kennedy Jr, SPDR, Eli Lily, UnitedHealthcare, Johnson Organizations: Health, Human Services Department, CNBC, NBC UNIVERSAL Locations: United States, crosshairs
David Einhorn's Greenlight Capital this week revealed a fresh stake in agriculture equipment maker CNH Industrial , and increased its bets on Peloton Interactive and gold in the third quarter. The hedge fund, which Einhorn founded in 1996, disclosed in its latest regulatory filing that it took a roughly $79 million stake in CNH during the latest quarter. Einhorn also increased his holding in Peloton by roughly 40%, bringing his stake in the company to about $45 million. That led him to buy medium-sized stakes in a few value companies and take a larger position in gold. Einhorn added 3.1% to his holding in SPDR Gold Trust in the most recent quarter, bringing it to $51 million.
Persons: David Einhorn's, Einhorn Organizations: Interactive, CNBC, CNBC's, Alpha, Robin Hood Investors Conference, Cornell, Trust, Capri Holdings, Penn Entertainment, HP, Roivant Sciences, Packaging, Tenet Healthcare Locations: CNH, Holland, New York City, Capri
After Republican President-elect Donald Trump’s dramatic performance with Latino voters, a coalition of Democratic-leaning Latino groups is grappling with the shift and trying to reconcile it with the policies they say many Hispanics support. Along with UnidosUS, Latino-focused advocacy groups such as Voto Latino, Somos Votantes, Hispanic Federation and La Brega y Fuerza Fund sponsored a poll of Latino voters. The coalition rejected national exit poll findings showing that Trump won the majority of Latino men — 55% — to Harris’ 43%. Edison Research, which conducts national exit polling for NBC News and other news organizations, surveyed 2,750 Latino voters nationally. Thirty-seven percent of male participants in exit polling identified as white, while 6% identified as Latino in the Latino groups’ poll.
Persons: Donald Trump’s, , Clarissa Martinez de Castro, Kamala Harris, ” Martinez de Castro, , Somos, Donald Trump, Anna Moneymaker, Martinez de Castro, Trump, Harris, Matt Barreto, , Rob Farbman, Latinas, Joe Biden, Starr County, Gary Segura, ” Segura, Barreto, Carlos Odio, Vanessa Cardenas, ” Cardenas Organizations: Republican, Democratic, Democratic Party, Latino, UnidosUS, Republicans, Hispanic Federation, Brega, Fund, American Civil Liberties Union, Advancing Justice, Climate Power, Nations Development Institute, Trump, Harris ’, BSP Research, African American Research, Harvard University, American, NBC, Edison Research, NBC News, Edison, Biden, Dade, Equis Research, America’s Locations: Doral, Fla, Miami, Florida, South Texas, Rio Grande, Starr, U.S
In today’s edition, senior national political reporter Sahil Kapur examines the way Democrats can still exert some power in Donald Trump's Washington. How Democrats can still flex power in Trump’s WashingtonBy Sahil KapurRepublicans have won full control of Washington, but Democrats will retain two key levers of power to shape legislative outcomes in Donald Trump’s second term. That margin is slimming further as Trump plucks House members for administration jobs. The last two years showed how chaotic and dysfunctional this GOP-controlled House can be, even when the stakes are low. The Ethics Committee has jurisdiction over only sitting House members.
Persons: Sahil Kapur, Donald, Donald Trump's Washington, Matt Gaetz's, Robert F, Kennedy Jr, Donald Trump’s, Robert Garcia, , Sen, John Thune, , Chris Van Hollen, Van Hollen, Patty Murray, Richard Hudson, Trump, Donald Trump, it’s, it’ll, Tony Gonzales, Matt Gaetz, Ryan Nobles, Julie Tsirkin, Frank Thorp V, Kate Santaliz, Gaetz, Justice Department —, they’ll, Joni Ernst, John Curtis, → Trump, Berkeley Lovelace Jr, Dasha Burns Trump, Kennedy, Bill Cassidy, Tulsi Gabbard, Pete Hegseth, Elon Musk, Vivek Ramaswamy’s, 🗞️, Tim, lea Organizations: NBC, White House, Capitol, Republicans, Health, Human Services Department, Sahil Kapur Republicans, Trump plucks, , Republican, Senate, GOP, House Republican, Justice Department, NBC News, Committee, Punchbowl News, RFK, Human Services, Department of Health, Food and Drug Administration, Education, Labor, Pensions, “ RFK, Trump, Elon, of Government, Cabinet Locations: Donald Trump's, Trump’s Washington, Washington, , Texas, Florida, Congress, Iowa, Utah, Elon, usk
Shares of vaccine makers fell on Thursday as President-elect Donald Trump nominated Robert F. Kennedy Jr., a prominent vaccine skeptic, to lead the Department of Health and Human Services. Moderna’s stock closed more than 5% lower on Thursday, shares of Novavax fell more than 7% and Pfizer’s stock ended more than 2% lower. Shares of BioNTech, the German drugmaker that helped develop a Covid vaccine with Pfizer, closed more than 6% lower. Shares of those companies dipped further in extended trading as Trump confirmed his pick in a post on his platform Truth Social. Kennedy’s track record as a vaccine skeptic is extensive.
Persons: Donald Trump, Robert F, Kennedy Jr, Trump, Kennedy Organizations: Department of Health, Human Services, Pfizer, GSK, Health, Trump, Moderna, Health Defense Locations: Novavax, British, U.S
President-elect Donald Trump on Thursday picked Robert F. Kennedy Jr., an anti-vaccine activist who dropped out of the 2024 presidential race and endorsed Trump, to lead the Department of Health and Human Services. "I am thrilled to announce Robert F. Kennedy Jr. as The United States Secretary of Health and Human Services (HHS)," he wrote. "For too long, Americans have been crushed by the industrial food complex and drug companies who have engaged in deception, misinformation, and disinformation when it comes to Public Health." Donald Trump Jr. also shared the news on X. Azar replaced the first Trump-appointed health secretary, Tom Price, who resigned over his use of private jets for government business, costing U.S. taxpayers hundreds of thousands of dollars.
Persons: Donald Trump, Robert F, Kennedy Jr, Trump, Donald Trump Jr, Kennedy, Trump “, , , Ben Carson, Trump's, Bobby Jindal, Sen, Bill Cassidy, , Richard Besser, “ I’m, ” Besser, Alex Azar, Azar, Tom Price Organizations: Department of Health, Human Services, United, Health, Public Health, Trump, HHS, for Disease Control, Food and Drug Administration, National Institutes of Health, Centers, Medicare, Services, Children’s Health Defense, Louisiana Gov, state's Department of Health, Hospitals, Education, Labor, Pensions, “ RFK, FDA, NBC News, U.S, CNBC Locations: U.S
Logan Thorpe, a fitness content creator and coach who described himself as someone who worked with Tippet’s fitness business, said Tippet’s body was discovered in his Turkish hotel room. He had suffered a heart attack, according to an Instagram story Thorpe posted to Tippet’s page. When reached for comment via Instagram, Thorpe directed NBC News to a post on Tippet’s page announcing his death. “He was such a beautiful soul and had such a positive impact on the world,” the Instagram post reads. In an Oct. 30 Instagram post, he wrote 30 life lessons he had learned in his 30 years.
Persons: Tippet, Logan Thorpe, Thorpe, , invigorated, Organizations: Sky News Australia, Men’s Health, NBC News Locations: Turkey, Turkish, Instagram, Australia
The department on Thursday announced its findings from a civil rights investigation that had opened in July 2023 into conditions of Fulton County Jail in Georgia. Fulton County and the Fulton County Sheriff’s Office did not immediately respond to NBC News' request for comment Thursday. Fulton County Jail: Home to stabbings, assaults, pests and a lack of careThe lengthy report presented a staggering portrait of violence and death at the Fulton County Jail. The report found that Fulton County Jail failed to protect detainees from the risk of harm from violence and sexual violence. Further, Fulton County Jail deputies and detention officers use force against incarcerated people without adequate justification, including deploying Tasers without reasonable cause, the document said.
Persons: Lashawn Thompson, It’s, Lashawn Thompson Thompson, WXIA, Thompson, Thompson’s, Thursday's, General Merrick Garland, , Kristen Clarke Organizations: Sheriff’s, NBC, Georgia Tech, Office, Justice Department’s Civil Rights, Justice, U.S, Justice Department Locations: Georgia’s Fulton County, Fulton County Jail, Georgia, Fulton, Fulton County, Atlanta
The number of measles cases around the world rose by 20% in 2023 compared with 2022, leading to an estimated 10.3 million cases, according to estimates released Thursday by the World Health Organization and the U.S. Centers for Disease Control and Prevention. More than 22 million children did not receive a first dose of the two-dose measles vaccine in 2023, the WHO and CDC said. Globally approximately 83% of children received a first dose of the vaccine last year, and 74% received a second dose, the agencies said. “The number of measles infections are rising around the globe, endangering lives and health,” CDC Director Mandy Cohen said in the statement. “Measles vaccine has saved more lives than any other vaccine in the past 50 years,” WHO Director-General Dr. Tedros Adhanom Ghebreyesus said in a statement.
Persons: Mandy Cohen, , Tedros Adhanom Ghebreyesus Organizations: World Health Organization, U.S . Centers for Disease Control, WHO, CDC, Health
Molaei captioned the video: “A scene from being a woman in Iran.”An image of Roshanak Molaei, verified and released by the Norwegian human rights group Hengaw. According to a statement by the organization, Molaei had previously argued on social media with a government official over mandatory hijab laws. The woman is being prosecuted for not observing mandatory hijab laws.”According to Hengaw, on Nov. 2 Molaei was "summoned by FATA," the Iranian cyberpolice, about her post, and was arrested the following day. This is not the first time Molaei is arrested for opposing Iran’s mandatory hijab laws, according to Hengaw. Molaei's new arrest is yet another incident fueling alarm from international human rights organizations.
Persons: Roshanak, Molaei, Hengaw, , FATA, Mahsa, Amini, , Masoud Pezeshkian Organizations: NBC, Center for Human Rights, for Human Rights, Islamic Azad University, Amnesty Locations: Iran, Tehran, Norwegian, Norway, Kurdistan
Circuit Court of Appeals on Wednesday comes as the U.S. Supreme Court prepares to hear a challenge to a similar law in Tennessee, which may ultimately determine whether all such state laws around the country can be enforced. The plaintiffs argued that the law discriminated on the basis of sex by prohibiting certain treatments based on the patient’s sex. Circuit Judge Michael Brennan, writing for the majority, rejected both arguments. Brennan, who was appointed by Republican former president and now president-elect Donald Trump, was joined by Senior Circuit Judge Kenneth Ripple, an appointee of Republican former president Ronald Reagan. Circuit Court of Appeals, No.
Persons: Todd Rokita, , , Michael Brennan, Brennan, Donald Trump, Kenneth Ripple, Ronald Reagan, Candace Jackson, Akiwumi, Joe Biden, Helene White Organizations: Republican, U.S, Circuit, Supreme, Indiana, Hoosiers, American Civil Liberties Union, Senior, Democratic, Dissenting, American Academy of Pediatrics, of Indiana, 7th U.S Locations: Indiana, Tennessee, 7th
Staff turnover is typical when a new administration comes in, and a significant number of FDA employees similarly considered leaving before President-elect Donald Trump’s first term in office, said one former and one current official. At the time, there were also concerns about what the FDA would look like under the first Trump administration. This time, however, there’s an added layer of anxiety outside Trump: Kennedy. The current official agreed with that assessment, adding that “dozens” are most likely considering their options. One former official and one current official said that at this time it’s all chatter and it’s unclear if anyone has left yet or made any serious plans to do so.
Persons: Robert F, Kennedy Jr, Trump, Donald Trump’s, Kennedy, , he’ll, , Robert Califf, Califf, ” Califf, that’s, ” Trump, , It’s, what’s Organizations: Food and Drug Administration, FDA, Staff, Trump, NBC, NBC News
HONG KONG — For at least three centuries, it grew in secret on the seabed of the southwestern Pacific Ocean. Now, the largest coral ever recorded has been discovered, scientists said Thursday, and it’s so big it can be seen from space. It was found by a National Geographic team conducting an expedition in the Solomon Islands in October to study ocean health. From the surface, “it looked like a shipwreck,” said Molly Timmers, lead scientist of the Pristine Seas expedition. But the team’s cinematographer dove to take a closer look and found a “mega coral hiding in plain sight.”“It was a very exciting discovery,” Timmers told NBC News in an email Thursday.
Persons: , Molly Timmers, ” Timmers Organizations: National Geographic, NBC News Locations: HONG KONG, Solomon Islands
But products from Trader Joe’s have become so popular with international tourists that even a major Asian airport is getting involved. “I think that Trader Joe’s is like the Disneyland of American grocery stores,” she says. John Blackmer/MediaNews Group/Orange County Register/Getty ImagesThe first Trader Joe’s opened in Pasadena, part of Los Angeles county, in 1967. According to a 2024 study by Morning Consult, 25% of frequent Trader Joe’s shoppers belong to a household that makes over $100,000 annually. Jeff Greenberg/Universal Images Group/Getty ImagesWhile some American chain stores rely on sameness to satisfy customers, Trader Joe’s has leaned in the other direction.
Persons: CNN —, Joe’s, Julie Averbach, , Joe Coulombe, John Blackmer, Joe —, ” That’s, Jeff Greenberg, Expedia, Peruvian Maria Silva, ” Silva, Averbach, , Joe Raedle, Jose’s, backtrack, TJ’s, Silva Organizations: CNN, Incheon, MediaNews, Orange, Register, Morning, Miami, Universal, Peruvian, eBay, US Locations: South Korea, United States, California, Huntington Beach , California, Pasadena, Los Angeles, Seattle, San Francisco, North Carolina, New York, China
As a result, there have been no improvements in the preterm birth rate in the last 10 years. Last year, the preterm birth rate was 10.4%. In 2013, the preterm birth rate was 9.8%. Wheeler was not involved with the March of Dimes report. Women with diabetes had a preterm birth rate of 28.8%, and it was nearly the same, 23.3%, among women who had high blood pressure.
Persons: Sarahn Wheeler, Wheeler, Amanda Williams, Williams, Organizations: Dimes, U.S, Duke University Medical Center, OB Locations: U.S, Durham , North Carolina, Alabama , Arkansas, Georgia, Louisiana , Mississippi, South Carolina
Paul Mescal said gaining and shedding weight for two of his upcoming movies was "miserable." Mescal told Variety he gained 22 pounds for "Gladiator II" and then lost 26 for "The History of Sound." AdvertisementPaul Mescal said he had a "fucking miserable" experience losing 26 pounds in two months after gaining 22 pounds for "Gladiator II." Mescal told Variety for a cover story published Wednesday that he spent six months trying to gain 22 pounds before shooting "Gladiator II." Kieran Frost/Getty ImagesMescal said that after shooting "Gladiator II," he had to lose weight for "The History of Sound."
Persons: Paul Mescal, Mescal, Variety, , Lucius, Ridley Scott, Jenna Ortega, Timothée Chalamet, Kieran Frost, Kumail Nanjiani, Zac Efron Organizations: Service, Men's Health Locations: Dublin, New England
The Oura Ring 4 Courtesy: OuraLISBON — Samsung's foray into smart rings isn't concerning the boss of the product category's pioneer, Oura — in fact, Tom Hale says he's seeing a boost in business. Oura's flagship product is the Oura Ring 4, a device known as a smart ring. Founded in Finland in 2013, the company has been called a pioneer by analysts in the smart ring space. CCS Insight forecasts Oura will end the year with a 49% market share in smart rings. New hardware and AIWhile Oura only sells rings currently, Hale sees the company developing new products in the future.
Persons: Oura, Tom Hale, Hale Organizations: CNBC, Web, CCS, Samsung, U.S . Food, Drug Administration, Apple, International Locations: LISBON, Lisbon, Finland, U.S
Sovereign AI is "more driven by the industry naming it that, than it is from the policymakers' side," Gow said. On Wednesday, Denmark laid out a landmark white paper outlining how companies can use AI in compliance with the incoming EU AI Act — the world's first major AI law. How regulation fueled a mindset shiftThat's not to say regulations haven't proven an important factor in getting tech giants to think more about building localized AI infrastructure within Europe. The concept of AI sovereignty is also getting buy-in from local European tech firms. Orange hasn't yet selected a partner for these sovereign AI model ambitions.
Persons: Dado Ruvic, Chris Gow, Anthropic's Claude, Filippo Sanesi, Sanesi, hasn't, , Cisco's Gow, Rather, " Gow, Gow, It's, David Hogan, Hogan, OVHCloud's Sanesi, Qwant, Bruno Zerbib, Zerbib Organizations: Reuters, Portugal — Tech, CNBC, Data, of Justice, EU, General Data Protection, U.S, Sovereign, Nvidia, Orange Locations: Reuters LISBON, Portugal, Brussels, U.S, Europe, OVHCloud, Italy, Italia, Denmark, Berlin, Paris, French
When I moved to London with my husband just almost two years ago it was a major culture shock. Job hunting and finding friends was a challenge, but the free healthcare has been invaluable. The job hunt was a culture shock for meAs a New York-qualified attorney, I was used to a competitive job hunt involving dozens of applications, multiple interviews, and aggressive salary negotiations. But London's work-life balance has been a huge reliefI'm not burned out from work in London like I was in NYC. Though I miss my family and friends in New York City, London is now home for the foreseeable future.
Persons: Pooja Shah I, Pooja Shah, It's, aren't, I've, I'm Organizations: National Health Service Locations: New Yorker, London, Queens, Flushing, New York, East, Asia, New York City
Jim Cramer names hot sectors that could use a pullback
  + stars: | 2024-11-14 | by ( Julie Coleman | ) www.cnbc.com   time to read: +2 min
CNBC's Jim Cramer on Thursday suggested the post-election market has been extreme, with big wins and big losses. "We have a lot of overly loved stocks in this market right now," he said. Cramer pointed out the sharp rise of enterprise software stocks, saying that it seems these companies with in-demand products for big corporations can do no wrong. Cramer also highlighted two sectors he said are "too hated," but could bounce back, including pharmaceuticals and semiconductors. For semiconductors, Cramer concluded that those companies have suffered in part because some feel that new artificial intelligence-powered PCs haven't taken off.
Persons: CNBC's Jim Cramer, Cramer, Salesforce, Donald Trump's, Trump, Robert F, Kennedy Jr Organizations: Costco, Netflix, Spotify, Merck, Pfizer, Human Services Department Locations: China
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailRFK Jr. has been able to stoke fears and put out misinformation, says Dr. Kavita PatelDr. Kavita Patel, joins 'Fast Money' to discuss Trump's latest cabinet pick Robert F. Kennedy Jr. to Secretary of Health & Human Services.
Persons: Kavita Patel, Robert F, Kennedy Jr Organizations: RFK, Health & Human Services
The Kremlin introduced new restrictions on Wednesday to medical payouts for Russia's wounded troops, swiftly enacting a decree that allows only those with severe injuries to receive a promised $30,000. Related VideoBut Russian leader Vladimir Putin's new instruction on Wednesday reduces that payout to $10,000 for less severe injuries and $1,000 for other cases. Russia still holds to a law signed by Putin in March 2022 that entitles those who die in the war to about 7.4 million rubles, or $75,000, as well as 5 million rubles, or $50,000, to their families. AdvertisementThose wounded and deemed "unfit for duty" are also entitled to another 2.96 million rubles on top of their injury payout. The UK estimated that as many as 1,500 Russian soldiers were killed or wounded on average for every day of October.
Persons: Vladimir Putin's, Mikhail Mishustin, Putin, Anna Tsivileva Organizations: Kremlin, Business Locations: Russia, Ukraine, Russian, Ukraine's
Amazon on Thursday announced Prime members can access new fixed pricing for treatment of conditions like erectile dysfunction and men's hair loss, its latest effort to compete with other direct-to-consumer marketplaces such as Hims & Hers Health and Ro. Medications filled through Amazon Pharmacy are eligible for discounted pricing and will be delivered to patients' doors in standard Amazon packaging. Analysts at Bank of America downgraded shares of Hims & Hers from buy to underperform on Thursday, citing Amazon's push into hair loss and erectile dysfunction markets. The analysts said Hims & Hers generates more than 80% gross margins from its core erectile dysfunction and hair loss offerings, and estimate that Amazon's medications for those conditions are about 42% and 29% cheaper respectively. Amazon introduced, and later shuttered, a telehealth service called Amazon Care, as well as a line of health and wellness devices.
Persons: , Annie Palmer Organizations: Amazon, Amazon Pharmacy, Bank of America, CNBC Locations: PillPack
Elon Musk is a showman, not an accountant
  + stars: | 2024-11-14 | by ( Allison Morrow | ) edition.cnn.com   time to read: +6 min
The merch will be 🔥🔥🔥”If you need more evidence of how silly this whole thing is, note (as many commentators did online) that the efficiency department is being overseen by two people. On the campaign trail last month, Musk was asked how much he thought he could cut from the nation’s $6.5 trillion budget. Musk would be lucky to find $200 billion in the federal budget, former Treasury Secretary Larry Summers said at the Economic Club of New York on Tuesday. Even Trump joked to House Republicans on Wednesday that he can’t get rid of Musk, a source in the room told CNN. And that means Musk himself, as Tesla’s largest individual shareholder, is $55 billion richer today than he was a week ago.
Persons: Donald Trump, Elon Musk, , he’s, Vivek Ramaswamy, ” Trump, Elon, Vivek, Trump, Musk, ments on Organizations: New, New York CNN, bro, “ Department, Government, Ford, United Airlines, Republican Congress Locations: New York, le
He spoke about what felt different during his second space mission and the challenges of living off-world. AdvertisementThe SpaceX mission, Isaacson's second trip to space with the rocket company cofounded by Elon Musk, required flying through risky radiation belts. Join the Polaris Dawn crew to learn details behind some of the ~40 science and research experiments being conducted during the mission. The team prepped extensively for Polaris Dawn, spending hundreds of hours in pressurized suit testing. Following the landing, Isaacman said, one of his SpaceX crew members experienced a minor case of spaceflight-associated neuromuscular syndrome, which impacts vision.
Persons: Jared Isaacman, Jared Isaacman's, Shift4, Isaacman, Sarah Gillis, Gillis, Elon Musk, Inspiration4, Polaris Dawn, NASA's, He's, he's, Jude, There's, We'll Organizations: Polaris, SpaceX, Business, Netflix, Polaris Dawn, Space Center, Polaris Program, St Locations: Mars
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