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Rise of concierge medicine: Here's what to know
  + stars: | 2024-09-17 | 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 EmailRise of concierge medicine: Here's what to knowCNBC’s Robert Frank and Dr. Jordan Shlain, Private Medical founder and chairman, joins 'Squawk Box' to discuss the rise of concierge medicine, what's behind the fast growing health business, and more.
Persons: CNBC’s Robert Frank, Dr, Jordan Shlain Organizations: Private Medical
After months of high interest rates, the economic tides appear to be shifting. Experts largely expect the Federal Reserve to slash interest rates during the central bank's meeting on Wednesday, a reversal of a rate-hiking policy aimed at taming post-pandemic era inflation. For consumers, declining short-term interest rates will come as a relief. Versions of all three vehicles currently offer guaranteed interest rates north of 5%. That means, for certain savers, now may be the last opportunity to lock in a relatively high interest rate on short- to medium-term investments, says Amy Arnott, a portfolio strategist with Morningstar Research Services.
Persons: Amy Arnott Organizations: Federal Reserve, Morningstar Research Services
Employers know that prioritizing employee wellbeing is the right thing to do, but there are also business benefits. Investing in work wellbeing does more than improve employee morale — it can also drive tangible business benefits. Oxford recently analyzed Indeed's work wellbeing dataset and highlighted a strong correlation between company wellbeing and business performance. Moreover, the Indeed-Oxford research reveals the long-term business benefits of prioritizing employee wellbeing. Indeed further strengthened the business case for work wellbeing with the launch of the Work Wellbeing 100, an index ranking the top 100 publicly traded companies by their Indeed Work Wellbeing Score.
Persons: Russell, — LaFawn Davis, Davis Organizations: Oxford, University of Oxford, Nasdaq, Forrester Research, Companies, Insider Studios Locations: Oxford, millennials
Read previewThe talent-management agency Dulcedo Group acquired the influencer-marketing app Node in a July deal that valued the company at around $13 million, Node's cofounders told Business Insider. The deal shows how important tech products, including artificial-intelligence tools, have become in the talent and marketing industries. Founded in 2008 as an agency for more traditional media talent, Montreal-based Dulcedo Group has recently been on a buying spree, announcing in November it acquired creator talent agency Influence+All and PR firm Sundae Creative. Related storiesThe cofounders ultimately connected with Dulcedo Group, which put in an offer to acquire Node. Dulcedo Group was drawn to the company's technological expertise and roster of micro influencers, Faraji told BI.
Persons: , Node's cofounders, Cofounders Armin Faraji, Mackenzie Dérival, Faraji, Stagwell, Dérival, they're, It's Organizations: Service, Dulcedo Group, Business, Publicis, Stagwell, Sundae Locations: Montreal, Dulcedo
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Muted session: U.S. stocks were flat Tuesday after the S & P 500 briefly made a new all-time high in the session. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.
Persons: Jim Cramer, hasn't, We're, Marc Benioff, Mills, Jerome Powell, Jim Cramer's, Jim, Kevin Mohatt Organizations: CNBC, Procter, Procter & Gamble, Jim Cramer's Charitable, U.S . Federal, Federal, Committee Locations: Procter &, San Francisco, Washington , U.S
This as-told-to essay is based on a conversation with Nathan Marx, a deckhand for a superyacht. I knew some friends who had entered the yachting industry since leaving school, and it looked very intriguing and adventurous. AdvertisementMy previous job had long hours and was hard work, which made me comfortable stepping into the yachting industry. We also had the privilege of hiking up into the old city, an amazing experience I don't think I would've had otherwise if I wasn't into the yachting industry. But the yachting industry is a tight-knit community that's made me very happy over the past few months, so I'll stay for as long as possible.
Persons: Nathan Marx, I'm, that's, Will Smith, haven't Organizations: Service, Business Locations: South Africa, Antibes, France, Monaco, I'm, Corsica
Artificial intelligence is expected to transform the way companies do business, including those in financial planning and investment management. That means financial advisors need to get onboard or risk being left behind. Of course, financial advisors have been using some technology, like financial planning software, for years. Still, AI will help financial advisors do their jobs better — not necessarily put them out of work. What to do Nexus Strategy's Welsh believes financial advisors should begin getting comfortable with current AI capabilities.
Persons: Craig Iskowitz, Anthropic's Claude, Vincent Gudsdorf, Leo Kelly, Verdence, Kelly, Timothy Welsh, Welsh, Iskowitz, That's, Verdence's Kelly, It's Organizations: Ezra Group, AIs
Read previewMy husband and I have three kids and four pets, and we've moved a lot in search of the American dream. We missed our laid-back, California progressive-style life, and we wanted our kids to grow up outdoors, around creative thinkers. My kids can move around independentlyIn Switzerland, most of our kids' new friends wandered out independently, walking, cycling, and using public transportation. Related storiesMy family was welcomedInternational families in Switzerland welcomed my family into a school community with people from over 40 countries with varied learning styles. AdvertisementWhile I witnessed various parenting styles in the Swiss international community, parents who overmanaged kids' friendships, teacher relationships, and academic performance weren't tolerated in Switzerland.
Persons: , we've, I'd, Lynn, We've, that's, they'd, weren't, we'd Organizations: Service, Business, Swiss, Kids Locations: New York, Bay, California, Marin County, Connecticut, Fairfield, Switzerland, Swiss
See more mortgage rates on Zillow Real Estate on ZillowMortgage CalculatorUse our free mortgage calculator to see how today's mortgage rates would impact your monthly payments. 30-Year Mortgage Rates TodayAverage 30-year mortgage rates are down and hovering near 5.60%, according to Zillow data. 15-Year Mortgage Rates TodayAverage 15-year mortgage rates have decreased and are hovering below 5%, according to Zillow data. Last month, 30-year refinance rates averaged 6.59%, while 15-year refinance rates were around 5.90%. 5-Year Mortgage Rate TrendsHere's how 30-year and 15-year mortgage rates have trended over the last five years, according to Freddie Mac data.
Persons: it's, you'll, Freddie Mac, they've, They'll, refinance Organizations: Fed, Federal Reserve, Zillow Locations: Chevron
Longer-term investors should ignore the daily racket surrounding interest rates and focus on generating income over the next 10 years, according to New York Life economist and chief market strategist Lauren Goodwin. Where to invest: Bonds and AI The strategist posits that over the next decade, interest rates are likely to remain elevated as neither party takes on deficit spending. "So depending on the investor, what they're looking for, there is a way to balance this medium term potential for interest rate risk while still locking in higher rates." Goodwin also sees investing around AI as a smart strategy long term, with large investments in the area continuing. "But because we see not only the government and companies, but also the consumer use case for AI, we expect that investment to continue.
Persons: Lauren Goodwin, Goodwin, Dominic Chu, that's Organizations: York, CNBC Pro Locations: Huntington Beach , California
A Business Insider reporter found out by enlisting in the city's 'elite squad of anti-rat activists.' What's on deck:This story is available exclusively to Business Insider subscribers. In February 2023, it announced plans to require most office workers to show up in-person three days a week. And in the hyper competitive world of Big Tech, other tech giants might follow suit rather than risk getting bad-mouthed by rivals to their clients. How can insert Big Tech company really serve you best when its people are home half the time?
Persons: , RTO Nickilford, Maria Ivanova, Getty, Tyler Le, Andy Jassy, Slack, It's, Miranda Jones, Donald Trump, Trump, Fundstrat's Tom Lee, Elon Musk, Joe Biden, Kamala Harris, Apple's, TikTok, Chris Williams, We're, Stephen Nedoroscik, Anna Delvey, Dan DeFrancesco, Hallam Bullock, Milan Sehmbi, Amanda Yen Organizations: Service, New York, Business, Amazon, Big Tech, Employees, McKinsey, Trump Media, Vanguard, Anadolu, Getty, Elon, Taiwan Semiconductor Manufacturing Company, Nvidia, Apple, DOJ, Microsoft, Open, It's Locations: New, North America, New York, London
Tech stocks may have had a volatile past few weeks , but one chief investment officer is still bullish. The chief investment officer believes Nvidia's stock is "reasonably valued," based on its two to three-year outlook. "We've been doing that, and we've been pretty happy with the price we've been getting," he added. Broadcom shares fell 7% in extended trading following its results announcement, but remain up close to 47.5% year-to-date. Nineteen of 33 analysts covering the stock give it a buy or overweight rating, according to FactSet data.
Persons: Jason Ware, Jensen Huang's, Ware, CNBC's, We've, we've, Oracle Corporation Ware, it's, Leswing, Jordan Novet Organizations: Microsoft, Nvidia, Oracle, Broadcom, Oracle Corporation, Apple, Tesla Locations: Albion
The winless Carolina Panthers benched struggling quarterback Bryce Young, the No. 1 pick in the 2023 NFL Draft, in favor of veteran Andy Dalton, the team announced Monday. “This is the best decision for our group, our team, going forward,” Canales said Monday. Young, last year's top pick after a stellar college career at Alabama, has struggled to up his game on Sundays. He started 16 games of the Panthers' woeful 2-15 campaign last year.
Persons: Bryce Young, Andy Dalton, Dave Canales, Young, ” Canales, I’m, He's, Dalton, he's, I've Organizations: Carolina Panthers, Panthers, Los Angeles Chargers, Alabama, NFL, Las Vegas Raiders, Bengals, Pro Bowl Locations: Carolina, Carolina's, Cincinnati
The man arrested in connection to an apparent attempted assassination of former president Donald Trump appeared to follow law enforcement directions and was taken into custody without incident, footage of the confrontation released on Monday showed. Driver go straight back, keep walking," a law enforcement agent wearing what appeared to be a protective "SHERRIF" vest said. Two law enforcement agents then grabbed his hands and handcuffed the man, the video showed. A witness who spotted Routh and his car was crucial to helping law enforcement find the suspect quickly, Martin County Sheriff William Snyder said. "If he's a lone gunman, President Trump is that much safer because we have him.
Persons: Donald Trump, Ryan Wesley Routh, Routh, Martin County Sheriff William Snyder, Snyder, Trump Organizations: Sheriff’s, Martin County Sheriff Locations: Martin, Trump's Florida, Martin County
Ryan Wesley Routh, 58, was pulled over and taken into custody without incident by a Martin County Sheriff’s traffic unit on Interstate 95, authorities said. Ryan Wesley Routh following his arrest in Martin County, Fla., on Sunday. Martin County Sheriff's Office via AFP - Getty ImagesWhat kind of weapons were involved? A representative of the International Legion told NBC News on Monday that Routh never served in that fighting force. Routh said in 2020 he had backed candidate Trump in the past, but expressed his disappointment with the Trump presidency.
Persons: Donald Trump, what's, Trump, Ric Bradshaw, wasn't, Ryan Wesley Routh, Bradshaw, Routh, Ryan Routh, Valentyn Ogirenko, Tulsi Gabbard, Joe Biden, Vladimir Putin, Biden, Kamala Harris, Bernie Sanders, Joe, hillary Organizations: Service, Secret Service, Nissan, AFP, Getty, Ukraine, Newsweek Romania, International Legion, Defense, NBC, Reuters, Trump, Gabbard, Democratic, Greensboro News Locations: Palm Beach, Martin County, Fla, Ukraine, Kyiv, Mariupol, Vermont, North Carolina, Greensboro , North Carolina
Is TikTok trying to secretly influence Americans at the behest of the Chinese government? And an analysis of the ownership structure of TikTok parent company ByteDance, obtained by NBC News, argues that the company is deeply entangled with some of China’s major government propaganda organs. The most recent one, published last month, found that TikTok suppresses anti-China content compared to YouTube and other social media platforms. In recent years, according to media reports, Chinese government entities have increasingly taken golden shares in technology companies. “This report establishes that TikTok algorithms actively suppress content critical of the Chinese Communist Party (CCP) while simultaneously boosting pro-China propaganda and promoting distracting, irrelevant content,” the researchers wrote.
Persons: , TikTok’s, China —, , TikTok, ” Democratic Sen, Mark Warner, — Casey Blackburn, National Intelligence —, , ByteDance, Blackburn, Strider, ” Strider, Wu Shugang, Organizations: Congress, D.C, Justice Department, NBC News, Network, Research, Rutgers University, YouTube, Department, U.S ., Appeals, District of Columbia, Supreme, Strider Technologies, Communist Party of China, ” Democratic, U.S, of Economic Security, Emerging Technology, National Intelligence, TikTok, Chinese Communist Party, CCP, Net Investment, Technology, Communist Party, China Central Radio, Television Station, Beijing State, Administration, Investment, China’s Ministry of Education Locations: United States, Washington, U.S, China, Tibet, TikTok, People’s Republic of China, Tiananmen, Hong Kong, , Xinjiang, Beijing
Local governments in China are still building highways, bridges and railways, as pictured here in Jiangxi province on Sept. 6, 2024. That's cutting significantly into local government revenue, especially at the district and county level, according to S&P Global Ratings analysts. watch now"Macroeconomic headwinds continue to hinder the revenue-generating power of China's local governments, particularly as related to taxes and land sales," she said. Jiangsu, Shandong, Shanghai, and Zhejiang — some of China's top provinces in tax and non-tax revenue generation — see non-tax revenue growth exceeding 15% year-on-year growth in the first half of 2024, S&P's Huang said. China's national taxation administration in June acknowledged some local governments had issued such notices but said they were routine measures "in line with law and regulations."
Persons: Huang, P's Huang, Camille Boullenois, Laura Li, Morgan Stanley, Chetan Ahya, Robin Xing Organizations: Getty, BEIJING, Global, CNBC, NingBo BoHui Chemical Technology Locations: China, Jiangxi, Beijing, Zhejiang, NingBo, Jiangsu, Shandong, Shanghai, Asia
Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. Home Depot , our newest Club holding, stands out as the "single best" play for this rate cut environment, Jim Cramer said Monday. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.
Persons: Jim Cramer, Stocks, Jim, Eaton, Ming Chi, Kuo, Jim Cramer's Organizations: CNBC, Nasdaq, Dow Jones, Depot, Club, Home Depot, Citi, Apple, Apple Intelligence, Colgate, Palmolive, Coca, Simon Property Group
After being shot at by the Secret Service, the suspect fled the scene. The man, who was spotted on a building rooftop about 147 yards away from the podium, was killed by a Secret Service sniper. "Look, all outdoor events are nightmares," Jeffrey James, a former Secret Service agent, told BI. James was a special agent for the Secret Service for 22 years, serving during the Clinton, Bush, Obama, and Trump administrations. In an interview, he told BI that a golf course, one of Trump's oft-visited settings, presents unique challenges for the Secret Service.
Persons: , Donald Trump, Ric Bradshaw, Joe Raedle, Kenneth Gray, Trump, Jeffrey James, sightlines, James, Clinton, Bush, Obama, he's, Matthew Shoemaker, It's Organizations: Service, Secret Service, AK, Trump International Golf Club, Business, Trump International Golf, BI, FBI, Biden Administration, Trump, Defense Intelligence Agency, James, Trump Golf Club, West Palm, Google Locations: West Palm Beach , Florida, Palm Beach, Beach, Butler , Pennsylvania
Stouffer's takes on Kraft with new boxed mac and cheese
  + stars: | 2024-09-16 | by ( Amelia Lucas | ) www.cnbc.com   time to read: +2 min
Stouffer's is exiting the freezer aisle and taking on Kraft Heinz with its new shelf-stable mac and cheese. The average American consumer eats mac and cheese 22 times a year, trailing only pizza in its frequency, according to Moe. Out of those 22 occasions, the mac and cheese comes from a box about 70% of the time. To start, under the name Stouffer's Supreme, the brand will offer two variations on boxed mac and cheese: a classic cheddar and a three-cheese version made with cheddar, gouda and parmesan. Moe said the cheddar is a "sibling, not identical twin" of its frozen mac and cheese, while the three-cheese option is a "cousin."
Persons: Kraft Heinz, Stouffer's, Tom Moe, Moe, Andre Maciel, Kraft's, Nestle, that's Organizations: Kraft, Nestle, Nestle Meals Division, Barclays Global Consumer Staples Locations: cheddar, gouda
Lawyers for Washington state will have past grocery chain mergers – and their negative consequences – in mind when they go to court to block a proposed merger between Albertsons and Kroger. Albertsons and Kroger own more than 300 grocery stores in the state and control more than half of grocery sales there. They are trying to get the case dismissed, arguing a state court isn’t the proper venue to consider a nationwide ban. Albertsons and Kroger insist that their plan, including the sale of stores to C&S, will lower grocery prices and preserve competition. In 2016, Albertsons acquired a Haggen supermarket and then promptly closed an Albertsons store about a mile away in Birchwood.
Persons: general's, Haggen, , Tina McKim, Bob Ferguson, Kroger, Brad Weber, Locke, Judge Marshall Ferguson, Ferguson, Weber, McKim, ” McKim, , She’s Organizations: Albertsons, Kroger, Federal Trade Commission, S Wholesale Grocers, Safeway, Fighters, Democrat, King County Superior Court, Walmart, Costco, U.S, FTC, Associated Press Locations: Washington, Oregon, Colorado, Bellingham , Washington, Washington —, Bellingham's Birchwood, King County, Seattle , Washington, Dallas, Birchwood
Russia's oil revenue has plummeted as global crude prices fall. Oil sales dropped to $1.44 billion in the week ending September 8, per data cited by Bloomberg. AdvertisementRussia's oil business has taken a hit, with the nation's crude revenue dropping to its lowest levels in seven months, according to Argus Media data cited by Bloomberg. Urals crude, Russia's flagship oil blend, has edged lower to $67.61 a barrel, down around 20% from its peak in the spring of this year. Russia is set to make even steeper oil production cuts later in 2024, as part of OPEC's goal to boost crude prices.
Persons: , Russia's Organizations: Bloomberg, Service, Argus Media, Russia's Energy Ministry Locations: Moscow, Russia, Hungary, Asia
We'll show you how to watch the Falcons vs. Eagles from anywhere, including free streaming options. How to watch Falcons vs. Eagles in the USThe Falcons vs. Eagles game will air on Monday at 8:15 p.m. If you don't have cable, you can live stream the game through a live TV package like Sling TV or Fubo. Sling TV is one of the cheaper live TV services out there. Users will just need to create a login, and then they're all set to start live streaming.
Persons: ExpressVPN Organizations: Business, Monday, Falcons, Eagles, Atlanta Falcons, Pittsburgh Steelers, Super Bowl, Philadelphia Eagles, Green Bay Packers, NFL, US, ESPN, ESPN2, ESPN3, ESPN Deportes, DAZN's Locations: Atlanta, Philly, British
If you're looking to build wealth, traditional forms of investment aren't going to get you there — at least according to young, rich people. For younger wealthy investors, though, stocks come in behind seven other types of investments, including real estate, cryptocurrency, private equity and direct investment into companies. Klontz says that younger wealthy investors may be falling victim to some of the same cognitive biases that regular investors do — and it may be holding them back from maximizing their returns. Young people have ignored traditional advice 'for thousands of years'In general, it's not surprising that younger investors, regardless of wealth level, want to chart a different path than older generations. DON'T MISS: How to master your money and grow your wealth Older investors tend to favor the returns offered by stocks, because that is what has historically delivered returns.
Persons: Brad Klontz, Klontz, it's, Everything's, They're Organizations: of America Private Bank, Wealthy, Creighton University
US stocks were mixed on Monday ahead of the Fed's expected rate cut later in the week. Fed fund futures show markets see odds of a 50 basis point cut as more likely than a 25 basis point move. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementUS stocks were mixed on Monday ahead of a major Federal Reserve meeting that's expected to deliver the first interest rate cut in four years. Treasury yields dipped, with the 10-year bond down about one basis point to 3.64%.
Persons: , it's, Dan Ives, Powell, Ives Organizations: Treasury, Service, Reserve, Nasdaq, Dow Jones, Fed, Wedbush Securities, Nvidia, Broadcom, Oracle, Here's
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