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In a hearing in New York on Tuesday, lawyers for FTX founder Sam Bankman-Fried expressed concerns over their client's living conditions at Brooklyn's Metropolitan Detention Center, where he's being housed for alleged witness tampering. U.S. District Judge Lewis Kaplan, who is presiding over the criminal trial, had told a jail to provide these prescribed medications to Bankman-Fried. Judge Netburn said the defense would have to make trial prep requests through Judge Kaplan. Judge Netburn said she would address concerns over Bankman-Fried's living conditions directly with the U.S. Justice Department's Bureau of Prisons, which runs the jail. WATCH: Sam Bankman-Fried sent to jail over witness tampering

Persons: FTX, Sam Bankman, Mark Cohen, Christian, Judge, Sarah Netburn, Fried, Cohen, District Judge Lewis Kaplan, George Lerner, Lerner, Christian Everdell, Netburn, Judge Netburn, Judge Kaplan, Bankman, Caroline Ellison, Ellison Organizations: U.S, Brooklyn's Metropolitan Detention, District, MDC, U.S . Justice Department's, of Prisons, The New York Times, Alameda Research Locations: Manhattan, New York City, New York, Brooklyn's, U.S, Bankman

[1/2] Monrovia NSU CHALLENGER bulk carrier transits the expanded canal through Cocoli Locks at the Panama Canal, on the outskirts of Panama City, Panama April 19, 2023. The Panama Canal Authority has reduced maximum ship weights and daily ship crossings in a bid to conserve water. Container ships are the most common users of the Panama Canal and transport more than 40% of consumer goods traded between Northeast Asia and the U.S. East Coast. Some shipping executives are bracing for more reductions later this year, noting that in 2020 a less severe drought prompted canal operators to reduce crossings to 27 per day. "The Panama Canal is just the latest example."

Persons: Aris Martinez, Max, Drew Lerner, Peter Sand, Steve Ferreira, STRI's Steven Paton, Paton, Brian Bourke, Lisa Baertlein, Marianna Parraga, Elida Moreno, Louise Breusch Rasmussen, Deepa Babington Organizations: Monrovia NSU CHALLENGER, REUTERS, ANGELES, Evergreen Marine, Pacific, Panama Canal Authority, Northeast, U.S ., Smithsonian Tropical Research, El Nino, Central American, Canal Authority, SEKO Logistics, Thomson Locations: Cocoli, Panama, Panama City, HOUSTON, China, U.S, Northeast Asia, U.S . East Coast . U.S, United States, Chile, Brazil, Suez, Gatun Lake, El, U.S . East Coast, Los Angeles, Houston, Copenhagen

☆ The market's issue is a lack of catalysts for growth, says Truist's Keith Lerner
▼ + stars: | 2023-08-21 | 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 market's issue is a lack of catalysts for growth, says Truist's Keith LernerKeith Lerner, Truist co-chief investment officer, joins 'Squawk on the Street' to discuss what Lerner expects from the economy in the second half, the lagged issues to come, and Lerner's S&P earnings forecasts for next year.

Persons: Truist's Keith Lerner Keith Lerner, Truist, Lerner

☆ Lerner: The market will continue to consolidate and correct itself this month
▼ + stars: | 2023-08-17 | 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 EmailLerner: The market will continue to consolidate and correct itself this monthKeith Lerner, Co-CIO at Truist Advisory Services, discusses the Fed, the market sell-off, and his favorite sectors.

Persons: Lerner, Keith Lerner Organizations: Advisory Services

☆ Sam Bankman-Fried's lawyer demands he gets Adderall for ADHD while in jail
▼ + stars: | 2023-08-14 | by ( Mackenzie Sigalos | ) www.cnbc.com time to read: +5 min

FTX Founder Sam Bankman-Fried leaves from Manhattan Federal Court after court appearance in New York, on June 15, 2023. Sam Bankman-Fried's legal team is asking a U.S. district court judge to grant the former FTX CEO "uninterrupted access" to his daily prescribed medication while he is in jail. "And for the past three years, Mr. Bankman-Fried has been prescribed Adderall 10mg tablets, 3-4x/day for the treatment of ADHD." On Friday, Judge Kaplan sided with a request by federal prosecutors to revoke Bankman-Fried's bail over alleged witness tampering. For nearly a year, there's been a nationwide shortage of Adderall, the popular stimulant used to treat ADHD.

Persons: Sam Bankman, Fried, Mark Cohen, Judge Lewis Kaplan, Judge Kaplan, George Lerner, Lerner, Cohen, Bankman, Lerner's, there's, Caroline Ellison, Ellison, — CNBC's Dan Mangan Organizations: Manhattan Federal, U.S, Bankman, Brooklyn's Metropolitan Detention Center, Prisons, Court, U.S . Food, Drug Administration, New York Times, Alameda Research, MDC Locations: Manhattan, New York, Brooklyn's, Bankman, Bahamas, U.S, Putnam , New York

☆ Watch CNBC's full interview with NewEdge Wealth's Cameron Dawson and Truist's Keith Lerner
▼ + stars: | 2023-08-10 | 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 full interview with NewEdge Wealth's Cameron Dawson and Truist's Keith LernerCameron Dawson, chief investment officer for NewEdge Wealth, and Keith Lerner, Truist co-chief investment officer, join 'Closing Bell' to discuss market crosscurrents, the bears and bulls equities debate, and market outlook.

Persons: NewEdge Wealth's Cameron Dawson, Truist's Keith Lerner Cameron Dawson, Keith Lerner, Truist

☆ Truist’s Keith Lerner: CPI print won't dramatically impact the Fed
▼ + stars: | 2023-08-10 | 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 EmailTruist’s Keith Lerner: CPI print won't dramatically impact the FedCameron Dawson, chief investment officer for NewEdge Wealth, and Keith Lerner, Truist co-chief investment officer, join 'Closing Bell' to discuss market crosscurrents, the bears and bulls equities debate, and the market outlook.

Persons: Keith Lerner, Cameron Dawson, Truist Organizations: CPI

☆ How to Save for a House
▼ + stars: | 2023-08-09 | by ( Michele Lerner | ) www.wsj.com time to read: +10 min

By Michele LernerThe need to save looms large in the home buying process. 5 strategies to save for a houseZillow estimates that it would currently take the typical household saving 5% of their income close to nine years to save a 10% down payment on a typical house. For example, if you’re aiming for $50,000 down on a $500,000 home in three years, you’ll need to save nearly $1,400 a month. That means the fastest way to save is often to cut costs on the place you live. However, he says you should at least save the minimum to earn any 401(k) matching contributions your employer offers and have a plan to increase your contributions after you buy a house.

Persons: Michele Lerner, you’re, ”, Isabel Barrow, Barrow, Cash, Tom Mathews, Matt Steenson, ” Barrow, Mathews, —, you’ve, “, ” Steenson, Steenson Organizations: National Association of Realtors, NAR, Edelman, News Corp, The, Street, PNC Bank, Federal Deposit Insurance Corp Locations: Alexandria, Va, Atlanta, Pittsburgh

☆ Analysis: Rising bond yields emerge as pressure point for US stock rally
▼ + stars: | 2023-08-09 | by ( Lewis Krauskopf | ) www.reuters.com time to read: +5 min

This year, it’s largely been a different story, with bond yields rising on better-than-expected economic data. The S&P 500 (.SPX) has rallied over 16% from its March lows, despite a roughly 50 basis point increase in the yield on the benchmark 10-year Treasury note over that time. That dynamic has changed in recent days, however, as Treasury yields have approached last year’s high while the S&P 500 has fallen 2% from its July peak. The bank’s analysts called rising yields "an underpriced risk" for the equity market. The S&P 500 fell 2.3% last week, its biggest weekly drop since March.

Persons: Brendan McDermid, it’s, Keith Lerner, Moody's, Peter Tuz, Refinitiv, Lerner, Matthew Miskin, Lewis Krauskopf, Ira Iosebashvili, Grant McCool Organizations: New York Stock Exchange, REUTERS, Federal Reserve, U.S ., BofA Global Research, Advisory Services, Fitch, Apple, Chase Investment, John Hancock Investment Management, Thomson Locations: New York City, U.S, United States, China, Charlottesville , Virginia, Truist

☆ Rising bond yields emerge as pressure point for US stock rally
▼ + stars: | 2023-08-09 | by ( Lewis Krauskopf | ) www.reuters.com time to read: +5 min

☆ Wall St Week Ahead Inflation report, bond yields in focus as U.S. stocks rally pauses
▼ + stars: | 2023-08-04 | by ( Carolina Mandl | ) www.reuters.com time to read: +5 min

Investors are also closely watching the path of Treasury yields, which rattled equity markets in recent days by rising to fresh year highs. The S&P 500 fell 2.27% this week, its biggest weekly decline since March 10. Janasiewicz of Natixis said a stronger-than-expected consumer price reading next week could spark a decline of up to 5% in the S&P 500. A stronger-than-expected inflation number next week could also boost Treasury yields further. Rising yields on Treasuries, viewed as among the world's safest investments because they are backed by the U.S. government, can dull the allure of stocks.

Persons: Brendan McDermid, Jack Janasiewicz, Natixis, Aaron Chan, Refinitiv, Tim Murray, Rowe Price, Brent, Ann Miletti, Fitch, Keith Lerner, Lerner, Carolina Mandl, Lewis Krauskopf, Ira Iosebashvili, David Gregorio Our Organizations: U.S, REUTERS, Federal Reserve, Natixis Investment, Amazon.com, Cruise, Treasury, U.S ., Advisory, Wall Street, Amazon, Google, Apple, BofA Global Research, JPMorgan, Carolina, Thomson Locations: Wall St, New York, U.S, Stocks, Refinitiv

☆ I’ve Been Writing About Mortgages for 30 Years, but I Picked a 20-Year Loan
▼ + stars: | 2023-08-04 | by ( Michele Lerner | ) www.wsj.com time to read: +4 min

But I’ve been writing about real estate for more than three decades now, so I’ve benefited from interviewing hundreds of lenders. Along the way, I learned that technically you can get a loan term as short as five years and as long as 40. Back then, average mortgage rates were under 4%, well below what we’d been paying since buying our current home eight-years earlier. Plus, the 20-year refinance will ultimately save us over $100,000 in interest compared with a 30-year refinance (before factoring in our extra payments). Don’t let anyone talk you into a “standard” loan term until you’ve compared all your options.

Persons: Michele Lerner, I’ve, we’d, We’d, what’s, Don’t Locations: Virginia, Washington ,

☆ Instant View: Fitch downgrades U.S. foreign currency ratings to 'AA+' from 'AAA'
▼ + stars: | 2023-08-01 | by ( ) www.reuters.com time to read: +9 min

The downgrade follows a debt ceiling agreement in June that came after months of political brinkmanship and ultimately lifted the government's $31.4 trillion debt ceiling. Unless they think that fiscal trajectory suggests risk of a default, which I don't think they say, I don't understand the reason for this." “So I don't think the reaction, it should surprise anyone in the markets because we've been through this before. JACK ABLIN, CHIEF INVESTMENT OFFICER, CRESSET WEALTH ADVISORS IN PALM BEACH, FLORIDA"I'm surprised, but I'm not surprised." "It's really the just the troubled negotiations that take place every time we have a debt ceiling or budget negotiation.

Persons: Thomas White, Fitch, STEVEN RICCHIUTO, ” WENDY EDELBERG, I'm, JASON WARE, Fiitch, MICHAEL O’ROURKE, “, ” BERNARD BAUMOHL, Poor’s, ” MICHAEL SCHULMAN, ANGELO KOURKAFAS, EDWARD JONES, ”, MICHAEL K, FARR, That’s, ” KEITH LERNER, ” “ It’s, ERIC WINOGRAD, ALLIANCEBERNSTEIN, QUINCY KROSBY, doesn't, JACK ABLIN, it's Organizations: REUTERS, United, AAA, USA, ., OF, HAMILTON PROJECT, BROOKINGS, WASHINGTON D.C, ALBION, Fitch, AA, PRINCETON, NEW, ST LOUIS, MILLER & WASHINGTON LLC, ADVISORY, Global Finance, Markets, Thomson Locations: United States, U.S, MIZUHO, WASHINGTON, CITY , UTAH, STAMFORD , CONNECTICUT, NEW JERSEY, ATLANTA, CHARLOTTE, NORTH CAROLINA, BEACH , FLORIDA

U.S. Capitol police stand outside the Capitol building as the Senate votes on debt ceiling legislation to avoid a historic default at the U.S. Capitol in Washington, U.S., June 1, 2023. Fitch downgraded the United States to AA+ from AAA, citing fiscal deterioration over the next three years and repeated down-the-wire debt ceiling negotiations that threaten the government’s ability to pay its bills. With the downgrade it becomes the second major rating agency after Standard & Poor’s to strip the United States of its triple-A rating. Investors use credit ratings to assess the risk profile of companies and governments when they raise financing in the debt capital markets. Other analysts had pointed to the risk that another downgrade by a major rating agency could affect investment portfolios that hold top-rated securities.

Persons: Evelyn Hockstein, Fitch, Joe Biden, Janet Yellen, Biden, Karine Jean, Pierre, Keith Lerner, Raymond James, Ed Mills, Mohamed El, Davide Barbuscia, Jyoti Narayan, Lewis Krauskopf, Saeed Azhar, Megan Davies, Arun Koyyur, David Gregoiro, Gerry Doyle Organizations: Capitol, U.S, REUTERS, White, AAA, Standard, Democratic, Republican, Treasury, Advisory Services, ” Treasury, Fitch, AA, Queens ' College, Thomson Locations: Washington , U.S, States, United States, Atlanta, New York, Bengaluru

☆ The Gatsby of Silicon Alley: Meet the 27-year-old Google employee who's throwing tech's hottest parties
▼ + stars: | 2023-07-25 | by ( Darius Rafieyan | ) www.businessinsider.com time to read: +12 min

Despite throwing events attended by thousands, Andrew Yeung has never made a cent off his parties. They've all gathered at the personal invitation of a 27-year-old Google product lead named Andrew Yeung. The terms of his visa stipulate that he can only derive income from his day job at Google. And there was nothing bigger in his father's mind than a tech job in the United States. It was the first Andrew Yeung party.

Persons: Andrew Yeung, techies, who's, Yeung, revelers, He's, hasn't, he's, Connor Roach, Benjamin Franklin, Yeung doesn't, Cliff Lerner, it's, Melissa Glazar, Lior Cole, I've, Cole, Glazar, Lerner, Keyser, didn't, Connor Roach Yeung, Monica, Sunny Yeung, Andrew, Sunny, he'd, Andrew doesn't, It's Organizations: Junto, Google, Cornell, CCP, Yeung's, Party, SXSW, The University of Toronto, Facebook, Art Basel, of Homeland Security Locations: Brooklyn, Belarusian, cabanas, Gowanus, New York, Austin, Miami, LA, phoniness, Silicon Valley, San Francisco, Hong Kong, United States, Central Park, Basel, Canada, Toronto

☆ The blast of strength we are seeing in the Dow is meaningful, says Carson's Ryan Detrick
▼ + stars: | 2023-07-20 | 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 blast of strength we are seeing in the Dow is meaningful, says Carson's Ryan DetrickKeith Lerner, Truist Wealth co-chief investment officer, and Ryan Detrick, Carson Group chief market strategist, join 'Last Call' to talk the Dow Jones 9-day win streak, if the market can keep this momentum and more.

Persons: Carson's Ryan Detrick Keith Lerner, Ryan Detrick, Dow Jones Organizations: Dow, Truist, Carson Group

☆ ‘Barbie’ Review: Out of the Box and On the Road
▼ + stars: | 2023-07-18 | by ( Manohla Dargis | More About Manohla Dargis | ) www.nytimes.com time to read: +2 min

That’s a question that swirls through Greta Gerwig’s “Barbie,” a live-action, you-go-girl fantasia about the world’s most famous doll. The movie opens with a prelude that parodies the “dawn of man” sequence in “2001: A Space Odyssey” (with girls, not ape-men), and then shifts to Barbie Land, a kaleidoscopic wonderland. There, Gerwig sets the scene and tone with Barbie (Margot Robbie) — who calls herself stereotypical Barbie — soon floating out of her Dreamhouse, as if she were being lifted by a giant invisible hand. Written by Gerwig and her partner, Noah Baumbach, the movie introduces Barbie on yet another perfect day in Barbie Land, in which dolls played by humans exist in what resembles a toyland gated community. There, framed by a painted mountain range, Barbie and a diverse group of other Barbies rule, living in homes with few exterior walls.

Persons: Greta Gerwig’s “ Barbie, ”, fantasia, Barbie, George Bernard Shaw’s, Lerner, Loewe, “ Barbie, Gerwig, Margot Robbie, —, Barbie —, Noah Baumbach, Eero Saarinen Organizations: Mattel Locations: Barbie

☆ Can a Poem Be Too Short? It Depends on the Poem, and the Reader.
▼ + stars: | 2023-07-18 | by ( Elisa Gabbert | ) www.nytimes.com time to read: +4 min

I have a friend who says her favorite way to read poetry is in quotation, as isolated lines in paragraphs of prose, such as in this column. You can’t have a personal, favorite part, the way I have a favorite part of “Prufrock” (which changes over time). Some of what’s in “Little Poems” does have a one-and-done feel. Short poems can be facile because they are short — they’re not wasting much of your time, so get over it. It’s unsatisfying in the way of all short unsatisfying poems; the end of any poem is a reward, but bad short poems satisfy too soon.

Persons: Michael Hennessy, Julian the, John Keats, ” Ben Lerner, “ Prufrock, Shel Silverstein, Lawrence, Lawrence — Locations: Sappho, “, D.H

☆ Take advantage of regional bank fallout by buying 'cheap' financial stocks: Annandale's George Seay
▼ + stars: | 2023-07-17 | 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 EmailTake advantage of regional bank fallout by buying 'cheap' financial stocks: Annandale's George SeayKeith Lerner, Truist, and George Seay, Annandale Capital, joins 'Closing Bell Overtime' to talk the day's market action.

Persons: George Seay Keith Lerner, Truist, George Seay Locations: Annandale

☆ Watch CNBC's full interview with Keith Lerner and George Seay
▼ + stars: | 2023-07-17 | 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 full interview with Keith Lerner and George SeayKeith Lerner, Truist, and George Seay, Annandale Capital, join 'Closing Bell Overtime' to talk the day's market action.

Persons: Keith Lerner, George Seay Keith Lerner, Truist, George Seay Locations: Annandale

☆ 5 things neuroscientists do to keep their brains healthy
▼ + stars: | 2023-07-16 | by ( Erin Heger | ) www.businessinsider.com time to read: +6 min

Neuroscientists explain how they keep healthy brains with regular exercise, enough sleep, and more. Keeping your brain healthy is important for delaying neurodegenerative conditions like Alzheimer's. But there's a lot more to keeping the brain healthy and the science behind it. Try new thingsExposing yourself to new people, places, and challenges can keep your mind sharp, improve brain plasticity and strengthen your brain, Shepherd said. "Your brain is not somehow totally separate from your body, so things that are helpful for your body are also good for your brain," Lerner said.

Persons: Neuroscientists, Emily McDonald, McDonald, Jason Shepherd, Talia Lerner, Shepherd, Sleep, Lerner Organizations: Service, University of Utah, Northwestern University, Research Locations: Wall, Silicon

☆ We should see modest gains in the second half of 2023 driven by earnings, says Truist's Keith Lerner
▼ + stars: | 2023-07-05 | 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 EmailWe should see modest gains in the second half of 2023 driven by earnings, says Truist's Keith LernerKeith Lerner, Truist Advisory Services co-CIO and Darrell Cronk, Wells Fargo Investment Institute president, join 'Closing Bell Overtime' to talk the day's market action and what is ahead for the second half of 2023.

Persons: Truist's Keith Lerner Keith Lerner, Darrell Cronk Organizations: Truist Advisory Services, Wells Fargo Investment Institute Locations: Wells Fargo

☆ Opinion | Better Government in New York Depends on Higher Voter Turnout
▼ + stars: | 2023-07-02 | by ( Mara Gay | ) www.nytimes.com time to read: +2 min

Mr. Adams, who is not the first New York politician to lose it with a voter, is up for re-election in 2025. “You have a government that is walled off from the concerns of the people,” Susan Lerner, the executive director of the good government group Common Cause New York, told me. Increasing turnout in primaries may be one of the best ways to get better, more responsive government. One promising bill passed by both legislative chambers in June would shift many local elections to even-numbered years. Some incumbents in New York, unsurprisingly, seem to enjoy things just as they are, and have opposed the shift to even years.

Persons: Mr, Adams, that’s, ”, ” Susan Lerner, Hochul, isn’t, “, ” Ms, Lerner Organizations: New, City Council, Board Locations: New York, Albany, New York City

☆ Two Sisters Try Living Together (Again) in Washington. Who Gets the Bigger Bedroom?
▼ + stars: | 2023-06-29 | by ( Michele Lerner | ) www.nytimes.com time to read: +2 min

Caroline Berens had been perfectly happy living alone for a couple of years in Washington, when her younger sister, Emma, announced that she was planning to move to the city. So Ms. Berens didn’t immediately extend an invitation to be roommates in her one-bedroom rental in Dupont Circle. “I’ve always been frugal and have saved money to buy a home since I started babysitting at 12,” Caroline Berens said. Email: thehunt@nytimes.com]“I’m coming from college life, where I lived with three other roommates, so I’m not worried about sharing a home with Caroline,” Emma said. “Plus,” she said, “I was determined to avoid living in a basement.”Both sisters are tall, so Caroline wanted high ceilings.

Persons: Caroline Berens, Emma, Berens didn’t, “, haven’t, ”, Berens, we’ve, ” Emma Berens, “ I’ve, ” Caroline Berens, I’m, Caroline, ” Emma, Adams Morgan, Lucy, “ Caroline, Claudia Ornelas, Ms, Ornelas Organizations: Brunswick Group, Harvard, “ Locations: Washington, Dupont, Boston

☆ Lerner: Respect the underlying trend in the markets but expect some moderation going forward
▼ + stars: | 2023-06-29 | 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 EmailLerner: Respect the underlying trend in the markets but expect some moderation going forwardKeith Lerner, Co-Chief Investment Officer at Truist Advisory Services, discusses how he's viewing the trading day ahead.

Persons: Lerner, Keith Lerner Organizations: Advisory Services

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