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☆ Here are Thursday's biggest analyst calls: Target, First Solar, Ford, Netflix, Amazon, Spotify, Exxon Mobil and more
▼ + stars: | 2023-10-12 | by ( Michael Bloom | ) www.cnbc.com time to read: +8 min

Goldman Sachs reiterates Amazon as buy Goldman Sachs said it's standing by its buy rating ahead of earnings later this month. Citi reiterates Netflix as buy Citi said it's standing by its buy rating on the stock heading into earnings next week. Bank of America reiterates Ford as buy Bank of America said its standing by its buy rating on the stock despite the strike at Ford's largest truck plant. Bank of America upgrades Target to buy from neutral Bank of America said it sees an attractive risk/reward for Target shares. " RBC downgrades ResMed to sector perform from outperform RBC said in its downgrade of ResMed that it sees slowing earnings growth.

Persons: Warby Parker, BTIG, Goldman Sachs, Morgan Stanley, it's, JPMorgan, Bernstein, underperform Bernstein, CLX, Ford, Wells, Wells Fargo, Truist, it's bullish, D.A, Davidson Organizations: Citi, Netflix, 4Q23, Barclays, Spotify, Taiwan Semiconductor, JPMorgan, RBC, BMO, Bank of America, Ford's, UAW, Detroit, underperform Bank of America, 3Q, Microsoft, " Bank of America, of America, Exxon Mobil, Exxon, Pioneer, Seaport, Mizuho Locations: 2H24

The North Carolina lawsuit closely follows the playbook of other successful court challenges to gender-affirming care bans that have swept Republican-controlled states this year. Other plaintiffs include a North Carolina family physician who serves transgender patients and several local and national LGBTQ+ advocacy organizations. Jean Fischer Brinkley, a spokesperson for the North Carolina Medical Board, declined a request for comment. North Carolina law also prohibits using state funds to support the provision of gender-affirming care. “When I say that gender-affirming care can be lifesaving, that is not hyperbole.

Persons: Omar Gonzalez, Republican supermajorities, ”, Alex Sheldon, Jean Fischer Brinkley, Thomas Mansfield, Dr, Riley Smith, Smith, ” Smith, “ Organizations: North, Republican, Lambda, Democratic, Lambda Legal, National Health, GLMA, Health, Republican General Assembly, North Carolina Medical Board, North Carolina, Health Plan, American Academy of Pediatrics, American Medical Association, Endocrine Society Locations: RALEIGH, N.C, North Carolina, Arkansas, . North Carolina

☆ An 'extended war'? Markets may be underestimating the Israel-Hamas conflict
▼ + stars: | 2023-10-11 | by ( Lee Ying Shan | ) www.cnbc.com time to read: +6 min

Oil prices jumped 4% on Monday before shrugging off those gains in subsequent sessions, and gold prices have inched higher by a little over 1% since the attack. "Global markets have yet to fully price the inflation risks from developments — from higher oil prices and more defense spending," Savage cautioned. That would cause the premium [of oil prices] to go higher," said Rapidan Energy Group's President Bob McNally. This could spike oil prices well north of $150 per barrel," Alpine Macro said in a note following the incursion. One analyst is of the view that even if the conflict prolongs, its implications on global markets is still largely contained.

Persons: Sameh, BNY Mellon, shrugging, BNY, Bob Savage, Savage, Amir Cohen, Bob McNally, McNally, Antony Blinken, Marko Papic, Mahmud Hams Organizations: Nurphoto, Hamas, U.S ., Swiss, BNY, Stockholm International Peace Research Institute, Reuters, Energy, United Nations, U.S, ., NBC News, Palestinian Health Ministry, Clocktower Group, CNBC, Brigades, Afp, Getty Locations: Gaza City, Israel, Palestinian, Gaza, Ukraine, Stockholm, U.S, Ashkelon, Iran, United States, Persian, Mahmud

☆ Global watchdog reveals tensions at heart of Credit Suisse debacle
▼ + stars: | 2023-10-10 | by ( Huw Jones | ) www.reuters.com time to read: +5 min

Logos of Swiss banks Credit Suisse and UBS are seen before a news conference in Zurich Switzerland, August 30, 2023. The report, however, exposed tensions and conflicts at the heart of a process that ultimately required Switzerland to initially back the emergency rescue of Credit Suisse by rival UBS (UBSG.S) with public money to avert panic. The officials summed up that the "resolution" rules for shutting a collapsing bank without panicking markets could have worked for Credit Suisse, though public money would still likely have been needed. The FSB report sheds new light on events that led to Credit Suisse's downfall. The FSB said Switzerland's action preserved financial stability, even if it raised questions as to why the resolution was not chosen.

Persons: Denis Balibouse, Karin Keller, Sutter, Switzerland's Keller, FINMA, Andrew Bailey, Arturo Bris, Mayra Rodriguez Valladares, Arthur Wilmarth, it’s, Tatiana Bautzer, Elisa Martinuzzi, Stefania Spezzati, Pete Schroeder, Mark Potter, Nick Zieminski Organizations: Credit Suisse, UBS, REUTERS, UBS Group, Swiss, U.S, Bank of England, IMD, Bank, MRV Associates, Banco, George Washington University Law School, Thomson Locations: Zurich Switzerland, Switzerland, Swiss, U.S

☆ Honeywell to realign business segments to boost growth
▼ + stars: | 2023-10-10 | by ( ) www.reuters.com time to read: +1 min

A logo of Honeywell is pictured on their booth during the European Business Aviation Convention & Exhibition (EBACE) in Geneva, Switzerland, May 22, 2017. REUTERS/Denis Balibouse/File Photo Acquire Licensing RightsOct 10 (Reuters) - Honeywell International (HON.O) is restructuring its business operations to three segments down from four to boost sales growth and reallocate capital, the industrial conglomerate said on Tuesday. "This simplified structure will enable Honeywell to realize synergies that will accelerate our innovation playbook," Chief Executive Officer Vimal Kapur said. Honeywell said its results for the third quarter would be in line with previously issued guidance ranges on its aviation business performance. Honeywell said its new segmentation would take effect from the first quarter of 2024.

Persons: Denis Balibouse, Vimal Kapur, Pratyush Thakur, Pooja Desai Organizations: Honeywell, European Business Aviation Convention, REUTERS, Thomson Locations: Geneva, Switzerland, Charlotte, North Carolina, Bengaluru

☆ GOP legislators and pundits shamed Biden for calling an early 'lid' on Monday as fighting rages in the Middle East, but Biden was meeting with world leaders
▼ + stars: | 2023-10-10 | by ( Madison Hall | ) www.businessinsider.com time to read: +3 min

On Monday, before noon, the Biden Administration called a "lid" on the day for public-facing events. Outrage over Biden lids isn't anything new, it's a throwback from the 2020 Trump campaign playbook. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . "A lid before noon while the Middle East is on fire," Rep. Ralph Norman added.

Persons: Biden, —, You've, Donald Trump Jr, Alabamians, Sen, Tommy Tuberville, Ralph Norman, Joe Biden, Trump, Andrew Bates, Robert Hur's, Bates, Tuberville, John Roberts Organizations: Biden Administration, Trump, Service, stoke, Trump Jr, White, United States, Fox News Locations: France, Germany, Italy, United Kingdom, Israel, Gaza, Florida

☆ The pressure just got stronger for Bob Iger to carve up Disney
▼ + stars: | 2023-10-09 | by ( Madeline Berg | ) www.businessinsider.com time to read: +3 min

This means pressure is on for CEO Bob Iger to turn the company's stock around. AdvertisementAdvertisementThe pressure knob for Bob Iger just got turned a little higher. AdvertisementAdvertisement"We wish the very best to Bob, this management team, and the board," Peltz said on CNBC at the time. Since Disney's stock price peaked for the year in February at about $113 per share, it's fallen more than 25% to about $84 per share. AdvertisementAdvertisementABC and Disney's other linear networks, like FX and The Disney Channel, could be among the first to go.

Persons: Nelson Peltz, Bob Iger, —, Iger's, Peltz, Peltz's, he's, Peltz hasn't, Iger, Dan Ives, Apple hasn't, what's, Peter Csathy Organizations: Disney, ABC, ESPN, Service, Fund Management, Street Journal, CNBC, FX, Sun, Apple, Wedbush Securities

The message is one more indication of the political and security challenges the U.S.-Mexico border has presented for President Joe Biden. The Biden administration this week took two actions seen by many as moving to the right on immigration. The White House counters that migration has surged across the Western Hemisphere due to regional challenges out of the administration's control. So they are on the streets.”Despite his 2020 promises on the border, Biden has long been more moderate on the issue than some in his party. It hasn’t worked for them before and it won’t work for them this cycle either,” said Pili Tobar, a former senior Biden White House official and Democratic strategist.

Persons: Donald Trump, ” It’s, Sherrod Brown, “ Ohioans, ”, Joe Biden, Biden, Donald Trump’s, Veronica Escobar, ” Biden, Trump, “ MAGA, Donald Trump’s playbook, Kevin Munoz, Trump’s, Eric Adams, implore, “, Escobar, Auri Lugo, Lugo, she's, Barack Obama, hasn’t, Pili Tobar, ___ Weissert, Linley Sanders Organizations: MIAMI, Border Patrol, Sen, Ohio Democrat, Democrat, PAC, White, of Homeland Security, Biden, Congress, “ MAGA Republicans, Trump, Conservative, Democratic, Republican, O’Hare, New York, Marquette Law School, Republicans, Senate, AP VoteCast, Biden White House, Associated Press Locations: U.S, Ohio, Mexico, South Texas, Venezuela, Veronica Escobar of Texas, El Paso, Chicago, New, New York City, VoteCast, Charlotte , North Carolina, Cuba, Haiti, Nicaragua, Guatemala, Colombia, Washington

☆ Amazon launches first test satellites for Kuiper internet network
▼ + stars: | 2023-10-06 | by ( Joey Roulette | ) www.reuters.com time to read: +3 min

A United Launch Alliance Atlas 5 rocket emblazoned with the Amazon logo lifted off from Cape Canaveral shortly after 2 p.m. Eastern time (1800 GMT), carrying the two Kuiper test satellites, a long-awaited mission Amazon initially had intended to launch using different rockets. In the days leading up to the launch, Amazon divulged few specifics about the two satellites, which were built at its satellite plant in Redmond, Washington. Amazon has vowed to invest $10 billion into its Kuiper project, which was announced in 2019, the year SpaceX began deploying its first operational Starlink spacecraft. The market for broadband internet service from low-Earth orbiting satellites is viewed as being worth up to tens of billions of dollars in the next decade. Like SpaceX, Amazon aims to target individual consumers and enterprise customers with Kuiper, pulling from its devices playbook to build consumer terminals at a company cost of $400 each - though it has not yet announced prices.

Persons: SpaceX's Starlink, Elon, Canada's, Jeff Bezos, Joey Roulette, Chris Reese, Will Dunham 私たち Organizations: United, Alliance, Cape Canaveral Space Force, SpaceX, United Launch Alliance, Boeing, Lockheed, Amazon Locations: Cape Canaveral , Florida, U.S, 読む WASHINGTON, Florida, Cape Canaveral, Redmond , Washington

☆ Trump’s Campaign From the Courthouse
▼ + stars: | 2023-10-06 | by ( Lauren Camera | ) www.usnews.com time to read: +8 min

But the front-running GOP presidential primary candidate was there – and he was pissed. Yet Trump was seething for another reason altogether – or so he claimed: His mounting legal challenges were preventing him from campaigning. “Trump campaigning from a courtroom is so Trumpian,” says Tobe Berkovitz, associate professor of advertising emeritus at Boston University. Separately from the civil trial in New York focusing on fraud, Trump faces 91 criminal charges stemming from four state and federal cases. And like the mug shot, Trump’s presence in the courtroom this week gave his supporters something he can’t give them on the campaign trail – a physical representation of the system he claims is out to get him.

Persons: Donald Trump wasn’t, Letitia James, Trump, ”, I’ve, “ Trump, Tobe Berkovitz, that’s, Stormy Daniels, Jean Carroll, ” Berkovitz, it’s, Donald Trump, Chuck Schumer, “, Arthur Engoron, James, Dante Scala, ” Scala, ” Trump’s, Engoron, I’m, ” James Organizations: New York Supreme, New York, Trump, Trump National Golf, Boston University, Washington , D.C, White, Donald Trump View, University of New, Republican Locations: Manhattan, Iowa , New Hampshire, South Carolina, New York, Washington ,, Florida, Georgia, Iowa, New Hampshire, University of New Hampshire, “, Georgia’s Fulton County, Ohio

☆ After two failed attempts in the past year, Japan could be next in line to land on the moon
▼ + stars: | 2023-10-06 | by ( Charmaine Jacob | ) www.cnbc.com time to read: +5 min

An H2-A rocket carrying a small lunar surface probe and other objects lifts off from the Tanegashima Space Centre on Tanegashima island, Kagoshima prefecture on September 7, 2023. Last month, Japan's Aerospace Exploration Agency (JAXA) launched a lunar exploration spacecraft from its Tanegashima Space Center. Japan also discarded efforts to land its Omotenashi spacecraft on the moon in November after failing to stabilize communication. Japan's success this time around could be a leap for space exploration more broadly. "It shows that they are learning from their mistakes — a very important aspect of space exploration," said Behar, who is also Phillip and Sarah Gotlieb Memorial Chair at the Technion–Israel Institute of Technology.

Persons: Kari Bingen, Bingen, Smart Lander, SLIM, Ehud Behar, Norman, Helen Asher, Behar, Phillip, Sarah Gotlieb, We've Organizations: Press, Afp, Getty, Japan, Aerospace Security, International Security, Center for Strategic, International Studies, Japan's Aerospace Exploration Agency, JAXA, SpaceX, Cape Canaveral Space Force, Anadolu Agency, Helen Asher Space Research, Technion – Israel Institute of Technology, Artemis Accords, Artemis, Capital, Nurphoto Locations: Tanegashima, Kagoshima prefecture, Japan, Cape Canaveral , Florida, India, China, U.S, Bingen, South, Shanghai

☆ Chart Master: Buy gold for a bounce after recent dip
▼ + stars: | 2023-10-06 | 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 EmailChart Master: Buy gold for a bounce after recent dipCarter Worth, Worth Charting, joins the 'Fast Money' traders to talk his playbook for buying gold.

Locations: Carter Worth

☆ A Barcelona market used 5G to power an AR personal-shopper experience, helping tourists and locals alike shop smarter
▼ + stars: | 2023-10-05 | by ( Chris Stokel-Walker | ) www.businessinsider.com time to read: +4 min

La Boqueria, a famed Spanish market, participated in a 5G trial that brought AR to shoppers. Remote shoppers could also see through the AR shoppers' goggles and get a taste for the market. AdvertisementAdvertisementTourists traipsing through La Boqueria, Barcelona's famed market on La Rambla, are presented with an array of amazing food and drink. In the La Boqueria project, that was down to less than 10 milliseconds, Aranda Legazpe said. The La Boqueria trial has concluded, but the technology worked — so technologists from Cellnex are now exploring other 5G-powered tools.

Persons: —, Cellnex, José Antonio Aranda Legazpe, Aranda Legazpe Organizations: Service, Spanish Ministry of Economic Affairs, Cellnex Telecom Locations: Spanish, La, Catalonia, Spain, France, Portugal

☆ The housing market is following a similar playbook from the 1980s when mortgage rates doubled. Here's what it could mean for homebuyers today.
▼ + stars: | 2023-10-05 | by ( Matthew Fox | ) www.businessinsider.com time to read: +3 min

The US housing market is showing parallels to the 1980s, when mortgage rates doubled. Here's what this could mean for the housing market today, according to Bank of America. AdvertisementAdvertisementThere are striking parallels between today's housing market and the housing market of the 1980s, according to Bank of America. AdvertisementAdvertisement"Persistently high mortgage rates should make the decision of purchasing a home more challenging in the near term. There are other similarities between today's housing market and that of the 1980s, the bank added.

Persons: —, BofA Organizations: Bank of America, Service

☆ Opinion: Paris’ bedbug bedlam
▼ + stars: | 2023-10-04 | by ( David A. Andelman | ) edition.cnn.com time to read: +7 min

He formerly was a foreign correspondent for The New York Times and Paris correspondent for CBS News. But conquering the city’s bedbug infestation, too, could prove to be an Olympian challenge. The deputy mayor of Paris has also asked Prime Minister Élisabeth Borne to take it on. A French government survey found that at least 11% of all French households reported having a bedbug infestation between 2017 and 2022. The tried-and-true solution to combating bedbugs is as old as Paris itself.

Persons: David A, CNN —, David Andelman, Élisabeth Borne, Borne, they’re, ”, Mathilde Panot, bedbugs, ” Panot, who’d, Anne Hidalgo, Emmanuel Gregoire, implore Borne, Gregoire, Hidalgo, they’ve, Charles de Gaulle, Jean, Michel Berenger, Dior, Mayra Peralta, “, Rue de Solferino, you’ve Organizations: CNN, French Legion of, The New York Times, CBS News, Maison, Legion, French Socialist Party, David Andelman CNN, Paris, bedbugs, Metro, Paris’s, French National, France Insoumise, Paralympic, EnVi Media, PUNAISES RUE DE, Rue de Locations: Paris, Paris’s, France, Seine, Le, “, Rue

☆ Veterans from Tesla, Northvolt hatch plan to mass-produce huge batteries to store solar and wind energy
▼ + stars: | 2023-10-04 | by ( Catherine Clifford | In Catclifford | ) www.cnbc.com time to read: +11 min

The mountains of Colorado in the background inspired the name of the company, Peak Energy. We're completely the opposite," Cameron Dales, president and chief commercial officer of Peak Energy, told CNBC in a video interview Friday. 1 issue we face as it relates to expanding renewable energy sources is storage," Reichow told CNBC. "We're running a playbook which I and the rest of the executive team initially demonstrated and deployed at Northvolt," Mossburg told CNBC. "Landon and I worked together at Tesla and I know what he's capable of delivering," Reichow told CNBC.

Persons: Cameron Dales, Landon Mossburg, We're, Greg Reichow, Reichow, Ryan Gibson, Aidan Madigan, Curtis, Cameron, Mossburg, Northvolt, Peter Carlsson, Rho Kana, Enovix, Anil Achyuta, Landon, Tesla, Cam, It's, Alun Thomas, Dales Organizations: Peak Energy, Energy Battery, Energy, CNBC, Eclipse, Tesla, TDK Ventures, United States Energy Information Administration, Eclipse Venture, Cameron Dales, US, Dales, Symyx Technologies, Northvolt, Ford, Manufacturing Engineering, Panasonic Locations: Colorado, Silicon, Tokyo, San Francisco, Northvolt, Sweden, Cameron Dales, Fremont , Calif, Fremont , California, Penang, Malaysia, China, United States, U.S, Nevada, Enovix

☆ Family-owned small businesses blend family and the workplace 24/7 — here are 3 tips for navigating brewing conflict
▼ + stars: | 2023-10-03 | by ( Erica Sweeney | ) www.businessinsider.com time to read: +6 min

Working with your family to build and manage a small business comes with challenges. This article is part of "Small Business Playbook," a series exploring leadership challenges and the solutions that can drive growth. About 29% of employer firms are family-owned, according to the US Small Business Administration's Office of Advocacy. Set boundaries between family and work lifeFamily-owned small businesses are a "lifestyle," Engle said. Keep a small business thriving for as many generations as Engle's requires looking at the big picture, Pendergast said.

Persons: —, Matilda Reuter Engle, Engle, It's, Jennifer Pendergast, Pendergast, it's Organizations: Service, Fox Inn, Middleburg Hospitality, Red Fox, US, Business, SBA, Chamber of Commerce, Kellogg School of Management, Northwestern University, SCORE, Small Business Administration Locations: Middleburg , Virginia, Middleburg

UAW President Shawn Fain has transformed the rituals of contract talks with General Motors(GM.N), Ford(F.N) and Chrysler parent Stellantis (STLAM.MI) into a high-stakes, made-for-media game. GM and Ford said Monday they were indefinitely laying off another 500 workers at four Midwestern plants, citing the impact of the walkouts. Analysts looking ahead to third-quarter financial results this month are starting to reckon the costs of what the UAW calls "Stand up strikes." Ford plans four EV battery plants in the U.S. - three under joint ventures with South Korean battery maker SK On(096770.KS). GM's joint venture battery plants also have separate status and GM has declined to include them in negotiations.

Persons: Shawn Fain, Mack Trucks, Ford, JP Morgan, Fain, Harley Shaiken, Mary Barra, Jim Farley, Farley, CATL, GM's, . Company bargainers, Joseph White, Ben Klayman, David Shepardson, David Gregorio Our Organizations: DETROIT, United Auto Workers, Detroit Three, UAW, General Motors, Ford, Chrysler, Volvo Group, GM, Chevrolet, University of California Berkley, automaker's, automaker's Michigan Assembly, SK, . Company, ”, Thomson Locations: Escalade, automaker's Michigan, U.S, Korean, Marshall , Michigan

☆ How a California hedge fund bulldozed the state's labor laws to impose some of the harshest noncompetes on Wall Street
▼ + stars: | 2023-10-03 | by ( Alex Morrell | ) www.businessinsider.com time to read: +23 min

That's partly why so few quantitative trading firms reside in California, whose labor-friendly laws have long favored employee mobility and competition. Exhibit A: The Voleon Group, a prominent quantitative-trading firm based in Berkeley, California, that manages about $5 billion in assets. The hedge fund has bulldozed past state prohibitions to not just impose noncompetes, but impose some of the harshest noncompetes in the entire industry, according to seven former employees, industry experts, and documents detailing the firm's restrictive covenants. Like so many other quant-trading firms, Voleon took care to protect its edge. Other employees Insider spoke with have a less generous view, with several describing the company as stingy — a third ex-employee bemoaned the company as "notoriously cheap" on compensation.

Persons: Kathy Hochul's, haven't, Michael Kharitonov, Jon McAuliffe, Shaw, — Kharitonov, McAuliffe, Voleon, —, Harry Lipman, Rottenberg Lipman Rich, Lipman, bemoaned, noncompetes, Martin Wainwright, Howard Aiken, Wainwright, hasn't, It's, Jessica Riggin, Rukin Hyland, Riggin, specter, James Hannaway, Sanford Heisler Sharp, Hochul, Rob Bonta, Sen, Anna Caballero, foisting, Caballero, Voleon's Organizations: New, Gov, University of California, Stanford, UC Berkeley, Wall Street, Google, Citadel, Sigma, That's, Big Tech, Darwin, MIT, Berkeley, California, Labor Locations: New York, California, Berkeley , California, University of California Berkeley, Berkeley, Voleon, Delaware, Washington ,

NEW YORK (AP) — Donald Trump's court appearances are no longer distractions from his campaign to return to the White House. The appearance demonstrated how deftly Trump has used his legal woes to benefit his campaign. Trump spent the day seated at the defense table observing the proceedings, at times leaning to confer with his lawyers. Kevin Wallace, a lawyer in James’ office, promised to link the cited incidents to a more recent loan agreement. Plans for Trump to attend the New York trial's first days were first revealed in legal filings last week.

Persons: — Donald Trump's, Trump, “, ”, Ari Fleischer, Fleischer, Letitia James, Arthur Engoron, James, he’d, Kevin Wallace, James ’, I’ve, York trial's, Michael Cohen, E, Jean Carroll, “ I've, Michael R Organizations: GOP, Trump, White House, Justice Department, New York, York, Associated Press Locations: New York, Trump, Manhattan, it's, Iowa , New Hampshire, Washington, South Carolina, York, Georgia, Sisak

☆ The American Playbook That Won the Ryder Cup—for Europe
▼ + stars: | 2023-10-02 | by ( Andrew Beaton | Joshua Robinson | ) www.wsj.com time to read: 1 min

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/sports/golf/ryder-cup-rory-mcilroy-jon-rahm-viktor-hovland-7f3fbbf8

Persons: Dow Jones, ryder, mcilroy, jon, rahm, viktor, hovland

☆ Watch CNBC's investment committee discuss rate expectations for Q4
▼ + stars: | 2023-10-02 | 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 EmailWatch CNBC's investment committee discuss rate expectations for Q4Shannon Saccocia, CIO of NB Private Wealth, Joe Terranova, chief market strategist at Virtus Investment Partners, Steve Weiss, Short Hills Capital founder, and Brian Belski, BMO chief investment strategist, join 'Halftime Report' to discuss the Q4 playbook, rates moving higher as additional supply comes in from the Fed, and more.

Persons: Shannon Saccocia, Joe Terranova, Steve Weiss, Brian Belski Organizations: Watch, Virtus Investment Partners, Short Hills Capital, BMO

☆ There is no fundamental catalyst for yields to fall in Q4, says Virtus Investment's Joe Terranova
▼ + stars: | 2023-10-02 | 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 EmailThere is no fundamental catalyst for yields to fall in Q4, says Virtus Investment's Joe TerranovaShannon Saccocia, CIO of NB Private Wealth, Joe Terranova, chief market strategist at Virtus Investment Partners, Steve Weiss, Short Hills Capital founder, and Brian Belski, BMO chief investment strategist, join 'Halftime Report' to discuss the Q4 playbook, rates moving higher as additional supply comes in from the Fed, and more.

Persons: Virtus, Joe Terranova Shannon Saccocia, Joe Terranova, Steve Weiss, Brian Belski Organizations: Virtus Investment Partners, Short Hills Capital, BMO

☆ Why paying off your student loans won't get easier anytime soon
▼ + stars: | 2023-10-02 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +14 min

Student-loan borrowers are entering uncharted territoryThe Education Department has never had to reenter 28 million people into payments at the same time. Plus, federal servicers' technology may not be up to the task. In contrast, federal student-loan servicing has been contracted out to five companies, and the government doesn't have the resources to fully keep tabs on the industry. "So there really were deep-rooted structural problems in the loan programs on the policy design but also on the execution side," Kvaal said. As the years went on, the GAO continued to identify flaws in student-loan programs that were hurting borrowers.

Persons: Greg Ogden, Ogden, I've, servicer, he's, he'd, We're, Sen, Elizabeth Warren, James Kvaal, —, Kvaal, Barack Obama's, Obamacare, servicers, Scott Buchanan, servicers —, servicer MOHELA, MOHELA, Biden, Virginia Foxx, she's, Cardona, it's, Foxx, Carolyn Fast, Joe Biden's, Buchanan, Warren, Pamela Herd, Herd, Melissa Emrey, that's, Miguel Cardona, we're Organizations: Public, Education Department, Department, Student Loan, —, GOP, The Century Foundation, Federal Student Aid, Georgetown University, Medicare, Student Aid, Office, Biden, Social, Education, Consumer Financial, Emrey, Federal, Aid Locations: servicers, Arras

☆ Trump is turning his $250 million fraud trial into a presidential campaign event
▼ + stars: | 2023-10-02 | by ( Jacob Shamsian | ) www.businessinsider.com time to read: +7 min

Donald Trump has attacked the civil fraud case against him as political. AdvertisementAdvertisementFormer President — and 2024 Republican presidential frontrunner — Donald Trump has long complained that the legal cases against him are political. The New York Attorney General's $250 million civil fraud trial that began Monday morning, he says, is a "witch hunt." One of Trump's lawyers, Alina Habba, lambasted New York Attorney General Letitia James, an elected Democrat. The attorney general's lawsuit alleges that Trump, Eric Trump, Donald Trump Jr., and two other Trump Organization executives are liable for fraud for misrepresenting the values of the company's property in financial statements submitted to banks for loans.

Persons: Donald Trump, —, — Donald Trump, General's, Trump, Letitia James, Arthur Engoron, who's, Steven Cheung, Jason Miller, Alina Habba, Habba, James, Eric Trump, Donald Trump Jr, Bryan Woolston Kevin C, Wallace, didn't, Cheung, Miller, Engoron, Hillary Clinton, James Comey, Donald M, Middlebrooks, Seth Wenig Middlebrooks, Michael Cohen, Donald Bender Organizations: Service, Republican, The New York, New York, New, Trump Organization, Trump, AP, Democratic National Committee, Supreme Locations: Manhattan, New York, Florida, York

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