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Samuel Lazar, a pro-Trump rioter, also shot at a line of officers with pepper spray on Jan. 6, the government said. The Justice Department declined to comment on Lazar's case at the time. Video shows Lazar on Jan. 6 yelling "Let's get their guns! "They maced us, those tyrannical pieces of s---, and we maced them right the f--- back," he said, in video cited by the Justice Department. The joint filing unsealed Monday confirmed Lazar was released on Sept. 13, 2023, having served his 2.5-year sentence after factoring in credits for good behavior.
Persons: WASHINGTON —, Samuel Lazar, Trump, Lazar, Rudy Giuliani, Doug Mastriano, Mastriano, Amy Berman Jackson, Jan, Let's Organizations: Trump, Justice Department, NBC News, The, U.S, U.S . Capitol, Capitol, Federal Bureau of Prisons, BOP, Associated Press Locations: Pennsylvania
Two tech experts make the bull and bear cases for Apple's stock
  + stars: | 2023-09-27 | 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 EmailTwo tech experts make the bull and bear cases for Apple's stockDaniel Flax, Senior Research Analyst at Neuberger Berman, and Tom Forte, Senior Research Analyst at D.A. Davidson, make the bull and bear cases for Apple.
Persons: Daniel Flax, Neuberger Berman, Tom Forte, Davidson Organizations: Neuberger, D.A, Apple
REUTERS/Yves Herman/File Photo Acquire Licensing RightsSept 27 (Reuters) - Apple (AAPL.O) was ordered on Wednesday to face a private antitrust lawsuit by payment card issuers accusing the company of thwarting competition for its Apple Pay mobile wallet. The proposed class action is led by Illinois' Consumers Co-op Credit Union, and Iowa's Affinity Credit Union and GreenState Credit Union. According to the complaint, Apple's conduct forces more than 4,000 banks and credit unions that use Apple Pay to pay at least $1 billion of excess fees, and harms consumers by minimizing the incentive to make Apple Pay safer and easier to use. White said the plaintiffs plausibly alleged that Apple allow alternatives to Apple Pay, and that more competition would spur innovation and reduce prices. The case is Affinity Credit Union et al v Apple Inc, U.S. District Court, Northern District of California, No.
Persons: Yves Herman, Jeffrey White, Steve Berman, White, Apple, Jonathan Stempel, Mike Scarcella, David Gregorio Our Organizations: Apple, REUTERS, Illinois, Consumers, Credit Union, Iowa's Affinity Credit Union, GreenState Credit Union, Google, Samsung, Apple Pay, Affinity Credit, Apple Inc, Court, Northern District of, Thomson Locations: Brussels, Belgium, Oakland , California, Cupertino , California, Northern District, Northern District of California, New York
U.S. District Judge Amy Berman Jackson sentenced Badalian, 29, of Panorama City, California, to four years and three months of incarceration, according to a Justice Department news release. The same judge convicted Badalian of Capitol riot charges in April after hearing trial testimony without a jury. Prosecutors recommended a prison sentence of 10 years and one month for Badalian, who has worked as a cabinet assembler. After listening to Trump's speech, Badalian and Rodriguez parted ways as they approached the Capitol and joined the mob's attack. "Having no other trusted and overriding male in his life, Mr. Badalian believed Trump’s lies," Helfend wrote.
Persons: Edward Badalian, Badalian, ” “, Amy Berman Jackson, Joe Biden's, Donald Trump, Daniel Rodriguez, Rodriguez, , , that’s, It’s, Alex Jones, Robert Helfend, Badalian didn't, ” Helfend, Trump, Trump’s, Helfend, Jan Organizations: Democratic, U.S, Capitol, Washington , D.C, Justice Department, Prosecutors, Badalian, PATRIOTS, Trump, Patriots, , FBI, Police, Associated Locations: California, Los Angeles, Washington ,, Panorama City , California, Arlington , Virginia, Washington, Infowars, Russia
The question is how to determine eligibility for the safety valve — whether any of the conditions is enough to disqualify someone or whether it takes all three to be ineligible. Lawyers for Mark Pulsifer, the inmate whose challenge the court will hear, say all three conditions must apply before the longer sentence can be imposed. Circuit Court of Appeals to make him eligible for a mandatory sentence of at least 15 years. Courts in Atlanta, Richmond, Virginia and San Francisco have ruled to broaden eligibility for the safety valve reductions. The safety valve has been attractive both to prosecutors and defendants because it helps obtain convictions faster and allows for more nuanced prison terms, Berman said.
Persons: , Douglas Berman, Mark Pulsifer, Pulsifer, Nonami Palomares, Eric Lopez, James Lorenz, ” Berman, Ketanji Brown, Berman Organizations: WASHINGTON, U.S . Sentencing, Ohio State, Circuit, of, U.S ., District, American Civil Liberties Union, . Sentencing Locations: Louis, Chicago, Cincinnati, New Orleans, Atlanta , Richmond , Virginia, San Francisco, Texas, U.S, San Diego, Pulsifer v
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailApple closes flat as new iPhone is released. How to play the stockJim Cramer, Daniel Flax of Neuberger Berman and Tom Forte of D.A. Davidson discussed Apple after the company released its anticipated iPhone 15 on Friday.
Persons: Jim Cramer, Daniel Flax, Neuberger Berman, Tom Forte, D.A, Davidson Organizations: Apple
The group, prosecutors alleged in a 39-page indictment, participated in a bribery conspiracy. Air purifierThe air purifier is another item Hana allegedly purchased for the Menendezes in "early 2021," according to the indictment. Home mortgage paymentsThe indictment, rudely, points out that Nadine Menendez was unemployed when she started dating the senator, in 2018. AdvertisementAdvertisementThe businessmen allegedly arranged to give Nadine Menendez the car in early 2019, which was before they allegedly arranged her mortgage payments. Nadine Menendez allegedly took these photos of gold bars on the same day she took them to a person referred to only as "The Jeweler" in the indictment.
Persons: Sen, Bob Menendez, US Sen, Nadine Menendez, Wael Hana, Jose Uribe, Fred Daibes, Menendez, Hana —, New Jersey —, Hana, HANA, Nadine, Daibes, Cash, envelops, It's, Uribe, Nadine Menendez texted Uribe, Nadine texted, John F Organizations: Service, US, Bob Menendez of New, Prosecutors, Air, Cash, Attorney's, AP, Mercedes, Benz, Kennedy, FBI Locations: Egypt, Wall, Silicon, Manhattan, Bob Menendez of, Bob Menendez of New Jersey, New Jersey
A new ProPublica story features a photo of filmmaker Ken Buns with Clarence Thomas and David Koch. But Burns released a statement making it clear he doesn't know Thomas. But more shocking to many was the lead photo, which featured star PBS documentarian Ken Burns sandwiched between Thomas and David Koch. Other than the taking of that photograph and innocuous pleasantries, that's the extent of his contact with Justice Thomas." So now we know: Ken Burns and Clarence Thomas are not pals, according to Burns.
Persons: Ken, Clarence Thomas, David Koch, Koch, Burns, Thomas, ProPublica, Ken Burns, he's, Justice Thomas Organizations: Service, PBS, Yorker, Supreme, Hollywood Locations: Wall, Silicon, Vietnam
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailI happen to think the whole banking sector is 'uninvestable', says Neuberger Berman's Steve EismanSteve Eisman, Neuberger Berman senior portfolio manager, joins 'Squawk Box' to discuss the latest market trends, the Fed's inflation fight, the state of the banking sector, and more.
Persons: Neuberger, Steve Eisman Steve Eisman, Neuberger Berman
Steve Eisman, the investor who called and profited from the subprime mortgage crisis, said Thursday that he's staying away from bank stocks due to risks from crimped margins and tougher regulations. "I happen to think the whole bank sector is uninvestable," Eisman, senior portfolio manager at Neuberger Berman, said on CNBC's " Squawk Box. " Uncertainty caused by the collapse of Silicon Valley Bank earlier this year triggered outflows at other regional banks and larger institutions. With short-term rates spiking higher than long-term rates, bank margins have been hurt. The SPDR S & P Regional Banking ETF , which tracks 140 regional banks, has fallen more than 33% this year.
Persons: Steve Eisman, he's, Eisman, Neuberger Berman, Eisman's, Banks, Michael Lewis Organizations: Federal, Regional Banking ETF Locations: Silicon
Inside the Elaborate, Enviable Design of Three New York Homes
  + stars: | 2023-09-21 | by ( ) www.nytimes.com   time to read: +34 min
If You Can Make It Here Great design for a great city (New York, of course — where else?) In the oak-paneled living room of Justinian Kfoury’s apartment in a townhouse on Washington Square Park, an Audubon-style print and a Hans Wegner Papa Bear chair. “She was eccentric, grand, but not afraid of making weird decisions about design.” In the living room, a 1975 Leonid Berman painting of the Venice Lagoon hangs between the French doors. A view of the double-height living room from the curved balcony on the third floor. A sculpture by Huma Bhabha and a configuration of five Isamu Noguchi L7 pendants in the landing that separates the primary suite from the living room.
Persons: it’s, Mishan, there’s, , Justinian, Hans Wegner Papa Bear, Paavo, Marc Hundley, that’s, Adriana Lara, Nicholas Krushenick, , Justinian Kfoury, downtowners, He’d, Trish Goff, Kfoury, , Leonid Berman, Jelto ”, Tomma Abts, Paul Cadmus, Edith Wharton, Henry James, Paul van der, ” Kfoury, Joe Roberts, Mary Cameron Goodyear, Kfoury’s, He’s, Wolfgang Tillmans, they’d, It’s, Lorna Simpson, Mario Bellini, Misha Kahn, Michael Anastassiades, Glenn Ligon’s, Frank Bowling, Piet Hein Eek, Miriam Cahn, Paul Pfeiffer’s, Leah Panlilio, Tal Schori, Rustam Mehta, Adam Pogue, Constantino Buccolieri, Michael Kirkland, Alvar Aalto, Cy Twombly’s, Ho, Huma Bhabha, Isamu Noguchi, Nairy Baghramian, Coco Fusco, Robert Vinas Jr, Duro Olowu, Mark Ellison, Adam Marelli, Bob Chan, Isamu Noguchi Akari, Danh Vo, Nairy, , Laura Mac Donald, Theaster Gates, Frank Lloyd, Kirkland, Ettore, Parsons, Jasper Johns, Merce Cunningham, Julianne Moore, Bart Freundlich’s Montauk, Bart Freundlich’s, Moore, Tom Volk, Oliver Freundlich, Anne’s, Pierre Jeanneret, Willy Van Der, Ori Gersht, she’s, ” It’s, Bart Freundlich, Tomas Maier, Bottega, Andrew Geller, Norman Jaffe, Freundlich, ” Moore, Moore’s, Liv, Caleb, Robert Gurr, Pierre, Noguchi, Alma Allen, Joseph Dirand, Oliver, “ I’m, ” Oliver, grins, MOORE, Anne Love Smith, Massimiliano Locatelli, Daniel Romualdez, Vincent Van Duysen, Charlotte Perriand, Pierre Chapo, Willy Van Der Meeren, Friedrich Kunath, Mark Wilson, Donald Judd, Wilson, Karl Springer, Rogan Gregory, Nancy Pearce, Oscar, Alice ”, Alexander Calder, Andrea Zittel, JB Blunk, AFTRA, Hope, ‘ You’re, ’ ” Organizations: Manhattan’s, Yorkers, that’s, Audubon, Washington, East Village, brac, AS, Fifth, Fort Standard, GRT Architects, Architects, Walt Disney Concert Hall, Soane Britain, Hamptons, WHO, Writers Guild of America, SAG, Locations: New York, Paris, London, Rome , New York, It’s, Washington, Manhattan, Harlem, Montauk, American, Chinatown, York, New York’s Washington, Kennebunkport, England, East, Boston, Lebanon, Maine, Vermont, Venice, Moroccan, North, Kfoury’s, New York’s Harlem, Westchester County, N.Y, Brooklyn, Italian, Finnish, Rome, Los Angeles, Korean, Berlin, Iranian, Chicago, North Carolina, California, Summerhill, Long, Fort Pond, New York City, Pond, Morentz, Scottish, Japanese American, Belgian, East Hampton, Japan, , Swiss
Julianne Moore’s Montauk Sanctuary
  + stars: | 2023-09-21 | by ( Nick Haramis | ) www.nytimes.com   time to read: +34 min
— HANYA YANAGIHARASpeak Softly In a wild meadow by the sea, Julianne Moore and Bart Freundlich’s Montauk house uses just a few materials to say many things. In Moore’s office, a Pierre Jeanneret desk and chair, an Alvar Aalto stool and a Willy Van Der Meeren cabinet. In the oak-paneled living room of Justinian Kfoury’s apartment in a townhouse on Washington Square Park, an Audubon-style print and a Hans Wegner Papa Bear chair. A view of the double-height living room from the curved balcony on the third floor. A sculpture by Huma Bhabha and a configuration of five Isamu Noguchi L7 pendants in the landing that separates the primary suite from the living room.
Persons: it’s, Mishan, there’s, , Julianne Moore, Bart Freundlich’s Montauk, Bart Freundlich’s, Moore, Tom Volk, Oliver Freundlich, Anne’s, Pierre Jeanneret, Alvar Aalto, Willy Van Der, Ori Gersht, she’s, ” It’s, , , Bart Freundlich, Tomas Maier, Bottega, Andrew Geller, Norman Jaffe, Freundlich, ” Moore, Moore’s, Liv, Caleb, Robert Gurr, Isamu Noguchi, Pierre, Noguchi, Alma Allen, Joseph Dirand, Oliver, “ I’m, ” Oliver, grins, MOORE, Anne Love Smith, Massimiliano Locatelli, Daniel Romualdez, Vincent Van Duysen, Charlotte Perriand, Pierre Chapo, Willy Van Der Meeren, Friedrich Kunath, Mark Wilson, Donald Judd, Wilson, Mario Bellini, Karl Springer, Rogan Gregory, Nancy Pearce, Oscar, Alice ”, Alexander Calder, Andrea Zittel, JB Blunk, AFTRA, Hope, It’s, ‘ You’re, ’ ”, Justinian, Hans Wegner Papa Bear, Paavo, Marc Hundley, that’s, Adriana Lara, Nicholas Krushenick, Justinian Kfoury, downtowners, He’d, Trish Goff, Kfoury, Leonid Berman, Jelto ”, Tomma Abts, Paul Cadmus, Edith Wharton, Henry James, Paul van der, ” Kfoury, Joe Roberts, Mary Cameron Goodyear, Kfoury’s, He’s, Wolfgang Tillmans, they’d, Lorna Simpson, Misha Kahn, Michael Anastassiades, Glenn Ligon’s, Frank Bowling, Piet Hein Eek, Miriam Cahn, Paul Pfeiffer’s, Leah Panlilio, Tal Schori, Rustam Mehta, Adam Pogue, Constantino Buccolieri, Michael Kirkland, Cy Twombly’s, Ho, Huma Bhabha, Nairy Baghramian, Coco Fusco, Robert Vinas Jr, Duro Olowu, Mark Ellison, Adam Marelli, Bob Chan, Isamu Noguchi Akari, Danh Vo, Nairy, , Laura Mac Donald, Theaster Gates, Frank Lloyd, Kirkland, Ettore, Parsons, Jasper Johns, Merce Cunningham Organizations: Manhattan’s, Yorkers, that’s, Hamptons, WHO, Writers Guild of America, SAG, , Audubon, Washington, East Village, brac, AS, Fifth, Fort Standard, GRT Architects, Architects, Walt Disney Concert Hall, Soane Britain Locations: New York, Paris, London, Rome , New York, It’s, Washington, Manhattan, Harlem, Montauk, American, Chinatown, York, N.Y, Summerhill, Long, Fort Pond, New York City, Pond, North Carolina, Morentz, Scottish, Japanese American, Belgian, East Hampton, Japan, , California, Swiss, New York’s Washington, Kennebunkport, England, East, Boston, Lebanon, Maine, Vermont, Venice, Moroccan, North, Kfoury’s, New York’s Harlem, Westchester County, Brooklyn, Italian, Finnish, Rome, Los Angeles, Korean, Berlin, Iranian, Chicago
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTravel and service strength is a tailwind for airport MUNIs, says Neuberger Berman's Jamie IselinJamie Iselin, head of municipal fixed income at Neuberger Berman, joins 'The Exchange' to discuss tax-free MUNI bonds moving higher in response to interest rates, the changing landscape of the MUNI market returns, and momentum growing in the airport bond market.
Persons: Neuberger Berman's Jamie Iselin Jamie Iselin, Neuberger Berman Organizations: MUNIs
NEW YORK (AP) — A former U.S. congressman from Indiana was sentenced Tuesday to 22 months in prison for making illegal stock trades based on inside information while working as a consultant and lobbyist after he left office. Former U.S. Rep. Steve Buyer, 64, a House Republican from 1993 to 2011, was also ordered to forfeit $354,027, representing the amount of illegal gains, and to pay a $10,000 fine. Defense lawyers had requested home confinement and community service as a punishment while prosecutors urged a three-year prison sentence. The judge said Buyer lied when he testified at his trial about when he learned about mergers that he profited from. Buyer was ordered to report to prison on Nov. 28.
Persons: , Steve Buyer, Bill Clinton’s, Navigant, Guidehouse, Richard M, Berman, , I’ve, Organizations: U.S . Rep, Republican, Persian Gulf, Veterans ’ Affairs, Mobile, Sprint Locations: U.S, Indiana, Persian, Manhattan, New York City, Noblesville , Indiana
A former Indiana congressman was sentenced Tuesday to 22 months in prison for his insider trading conviction for making illegal stock trades while working as a consultant and lobbyist. Steve Buyer, 64, whose congressional career stretched from 1993 to 2011, was sentenced in Manhattan federal court by Judge Richard M. Berman. The judge also ordered Buyer to forfeit $354,027, representing the amount of illegal gains, and to pay a $10,000 fine. Defense lawyers had requested home confinement and community service as a punishment while prosecutors urged a three-year prison sentence. Buyer was ordered to report to prison on Nov. 28.
Persons: Steve Buyer, Judge Richard M, Berman, Bill Clinton's, Navigant, Guidehouse, I've Organizations: Republican, Persian Gulf, Veterans ' Affairs, Mobile, Sprint Locations: Noblesville , Indiana, Manhattan, Indiana, New York City, Persian
Congressman Stephen Buyer arrives for his insider trading trial at the United States Courthouse in the Manhattan borough of New York City, U.S., March 8, 2023. Congressman Stephen Buyer was sentenced to 22 months in prison on Tuesday for trading on inside information he learned in 2018 as a consultant to T-Mobile US Inc (TMUS.O) ahead of its $23 billion merger with Sprint. U.S. District Judge Richard Berman in New York sentenced Buyer, who was found guilty on four counts of securities fraud at a trial in March. Buyer took the stand at trial and denied trading on inside information. Buyer asked to be sentenced to home confinement, citing his service in Congress and the U.S. military.
Persons: Stephen Buyer, Brendan McDermid, Richard Berman, Buyer, Prosecutors, Jody Godoy, Deepa Babington Organizations: U.S, United, Courthouse, REUTERS, Mobile, Former U.S, Mobile US Inc, Sprint, District, New York, Republican, U.S . House, Navigant Consulting, Guidehouse, U.S ., Court, Southern District of, Thomson Locations: Manhattan, New York City, U.S, Former, New, Indiana, Congress, Southern District, Southern District of New York, New York
Johnathan Buma says his FBI supervisors didn't care about his leads tying Giuliani to Russian intelligence. They are also investigating Hunter Biden for the firearm-related charges that he was indicted for this week. FBI didn't care about Giuliani's possible Kremlin ties, Buma says"Rudy Giuliani may have been compromised by individuals suspected of being involved in Russian counterintelligence influence operations," Buma told Insider. According to Buma's disclosure, an FBI Intelligence Information Report asserted that Fuks was "a co-opted asset of the RIS" or the Russian intelligence services. Hunter Biden left his laptop at a computer repair store in April 2019.
Persons: Johnathan Buma, Giuliani, Hunter Biden, Robert Mueller's Trump, Donald Trump's, Buma, Biden, Trump, Rudy Giuliani, Pavel Fuks, Fuks, Burisma, Hunter's, George Soros, Hunter Biden's, Bill Barr's, Geoffrey Berman, Bill Barr, Barr, Berman, he's, Amelia Kosciulek, we're, aren't, Mattathias Schwartz Organizations: FBI, Service, Los Angeles Field Office, Trump, GOP, of Justice, New York Post, Southern, of New, Washington Field Office, New York Field Office Locations: Russian, Wall, Silicon, Russia, Mar, Lago, Ukrainian, Moscow, Washington, Ukraine, Ukraine —, Delaware, of New York, Buma, schwartz79@protonmail.com
The nationwide online poll, which concluded on Thursday, showed that almost 30% of respondents were very interested in getting the vaccine and another 24% were somewhat interested. U.S. public health officials earlier this week recommended updated COVID-19 vaccines from Pfizer (PFE.N)/BioNTech (22UAy.DE) and Moderna (MRNA.O) that target a recently circulating Omicron variant of the coronavirus. Almost 42% said they were mainly interested in getting the vaccine to reduce their risk of severe illness. During the last revaccination campaign, when most Americas had either already had the COVID virus or been previously vaccinated, only around 56.5 million people got the updated booster shots, CDC data shows. The Reuters/Ipsos poll was conducted online and nationwide between Sept. 8 and Sept. 14, gathering responses from 4,413 U.S. adults.
Persons: Adam Berman, Michelle Chester, Ron DeSantis, Jesse Goodman, Ahmed Aboulenein, Jason Lange, Michael Erman, Jennifer Rigby, Scott Malone, Leslie Adler Organizations: Jewish Medical Center, Northwell Health, Reuters, U.S . Centers for Disease Control, Pfizer, Moderna, Republicans, Republican, Wednesday, Georgetown University, U.S . Food, Drug Administration, Thomson Locations: Long, New Hyde Park , New York, WASHINGTON, United States, ., U.S, Americas, Washington, New York, London
Melania Trump rejected repeated requests from her husband to join him on the campaign trail, per the NYT. Trump said in a new interview that actually he's been keeping her away but she'll join him "soon." "She's a private person, a great person, a very confident person and she loves our country very much," he said. "We'll see her on the trail soon?" When it's appropriate, but pretty soon," Trump responded.
Persons: Melania Trump, Trump, she'll, Donald Trump, Kristen Welker, Welker's, Melania, hasn't Organizations: Service, New York Times, Times Locations: Wall, Silicon, Iowa
WASHINGTON (AP) — Hundreds of rioters have been charged, convicted and sentenced for joining the mob attack on the U.S. Capitol. There is no public record of a conviction or a sentence in Lazar's court docket. Lazar was sentenced in Washington’s federal court on March 17 to 30 months in prison, according to the Bureau of Prisons, but there’s no public record of such a hearing. Questions about Lazar’s case have been swirling for months, but the details of his conviction and sentence have not been previously reported. The judge overseeing Lazar’s case in May rejected a request from media outlets — including the AP — to release any sealed records that may exist.
Persons: Samuel Lazar's, , Lazar, Donald Trump, Fort Dix —, George Papadopoulos, Trump, Robert Mueller, Papadopoulos, George Washington, Randall Eliason, Eliason, Defendants, ” Eliason, “ Let’s, , Robin Meriweather, , Amy Berman Jackson, he’s, Judge Jackson, ” Jackson, ” ___ Richer, Eric Tucker Organizations: WASHINGTON, U.S . Capitol, Capitol, of Prisons, Associated Press, Department, AP, Justice Department, Fort Dix, Bureau of Prisons, FBI, George, George Washington University, ” U.S, NBC, Lancaster Locations: Ephrata , Pennsylvania, New Jersey, Russia, Washington, , Washington ,, U.S, Boston
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailApple's stock is attractive at these levels as the ecosystem remains healthy: Neuberger's FlaxDan Flax, Neuberger Berman senior research analyst, joins 'Squawk Box' to discuss what Flax expects from tomorrow's Apple event if customers are holding onto Apple's iPhones for 'too long,' and more.
Persons: Flax, Neuberger Berman
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailStock market still faces headwinds with sticky inflation and high rates, says Holly Newman KroftHolly Newman Kroft, Neuberger Berman private wealth managing director, joins 'Squawk on the Street' to discuss position portfolios for a economic pullback, lower corporate earnings due to the Fed staying higher for longer, and macro headwinds increasing the possibility of a shallow recession.
Persons: Holly Newman, Holly Newman Kroft, Neuberger Berman Organizations: Email
Dividend stocks aren't evergreen, but investing in them over several years can pay off, according to one portfolio manager. He isn't the only one to appreciate dividend stocks right now. Neuberger Berman senior portfolio manager Sandy Pomeroy told CNBC earlier in August that dividend stocks haven't been this cheap since the tech boom of the 1990s. CME : Kirby expects the derivatives exchange will "benefit" from volatility in September, a traditionally weak month for stocks. TotalEnergies : The stock has a 5.5% dividend yield, 12% free cash yield, and a "great balance sheet," Kirby said.
Persons: Ben Kirby, Neuberger Berman, Sandy Pomeroy, Kirby, TSMC, Charles Schwab Organizations: Thornburg Investment Management, CNBC, Stock, Big Tech, CME, Kirby Locations: Taiwan
Apps such as Somryst — known as prescription digital therapeutics — aim to raise the bar for personal healthcare delivered via smartphone. Digital therapeutics show promise for treating IBS and insomniaFunding for digital therapeutics surged by 133% between 2020 and 2021, and the sector's global value is estimated to grow from roughly $7 billion to about $28 billion from now to 2030, Fortune Business Insights reported. In fact, many insurance companies want years of data on real-world use before covering digital therapeutics, Insider previously reported. While there are free nonprescription DTxs available from sources such as the Department of Veterans Affairs, those aren't cleared by the FDA, and privately made prescription digital therapeutics often cost hundreds of dollars. "Digital therapeutics are meant to increase access to care.
Persons: Charlotte Jee, Jee, Corey McCann, John Torous, Beth Israel, they're, Torous, They're, AspyreRx, Mark Berman, hadn't Organizations: Healthcare, Morning, MIT Technology, National Health Service, Food and Drug Administration, Pear Therapeutics, Harvard Medical, Beth Israel Deaconess Medical, Fortune Business, FDA, Better Therapeutics, Disease Control, Department of Health, Human Services, of Health, Department of Veterans Affairs, Aetna
On Thursday's "Ask Halftime," traders answered questions from CNBC Pro subscribers about which stocks and commodities to buy, hold or sell right now. Jenny Harrington of Gilman Hill Asset Management discussed why Devon Energy 's stock is better to hold on to for the long term rather than trading it on a seasonal basis. Odyssey Capital Advisors' Jason Snipe reviewed the negative effect the Blue Cross Blue Shield deal with Amazon pharmacy could have on CVS ' shares. Finally, Shannon Saccocia of Neuberger Berman Private Wealth said there are many potential tailwinds for gold in the near future.
Persons: Jenny Harrington, Jason Snipe, Shannon Saccocia, Neuberger Berman, Wealth Organizations: CNBC Pro, Management, Devon Energy, Odyssey Capital, Amazon, CVS Locations: Devon
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