These days, anyone with an Internet connection can reach a doctor at anytime and from anywhere. The doctors using these apps typically deal with colds and flus, but from time to time, something a lot more horrifying happens: Full frontal exposure. MD Live CEO Randy Parker has similarly dealt with inappropriate behavior, especially when users believe they are anonymous. It also hints at new challenges as doctor’s offices shift from physical spaces to the Internet. Health care apps that deal with

In investment management, this would be known as easy alpha — the kind that investment professionals dream about. Unfortunately, easy alpha is only a dream. In other words, we in the investment management industry dominate the far right end of the investment management talent-distribution bell curve among all people (like my engineering-distribution example above). Investment performance is a zero-sum game (before costs), meaning that for every outperformer, there must be an underperformer. Ulti

Here’s why: The Census Bureau now says that more 18-34 year-olds are living with their parents than with a spouse. This is the scariest economic indicator in America… even though its primary cause has very little to do with economics. U.S. student loan debt has ballooned to $1.4 trillion today. But because of our government-backed student loan system, demand for higher education in America doesn’t seem to have any price ceiling. So there are definitely some legitimate economic reasons for many

Even more pointed, he thinks “all economic data is irrelevant.” The S&P 500, on the other hand, fell a mere 7 points by the end of Tuesday trading. To some degree, waning economic data confirm that political anxiety may not be fully apparent in the market but soon may be, said Miller Tabak equity strategist Matt Maley. In the U.S., investors are digesting weak economic data and the stock market is largely “trading on hopes for tax reform,” wrote Peter Boockvar, chief market analyst at the Lindse

Emily Steel — whose reporting in the New York Times brought down Bill O’Reilly — was threatened by the now-former Fox News host two years ago for covering his tall tales about the Falklands war. “I am coming after you with everything I have,” O’Reilly told Steel on the record in 2015. Steel and Michael S. Schmidt reported April 1 that Fox and O’Reilly had paid $13 million to silence women who accused the conservative host of sexual harassment. O’Reilly threatened Steel on the record to come afte

Republicans have a new plan to repeal and replace Obamacare 5 Hours Ago | 00:57Republican lawmakers have a new plan to repeal and replace Obamacare in a bid to bridge the gap between the House Freedom Caucus and moderates, according to a document obtained by CNBC. Politico first obtained the document about the health-care bill proposal. A Freedom Caucus source told CNBC the changes to the health bill would secure 25 to 30 “yes” votes from the Freedom Caucus, and the new bill would get “very clos

Investors should buy Microsoft shares because it improving cloud business will drive earnings above expectations in the coming year, according to Morgan Stanley, which reiterated its overweight rating on the technology company. The firm has “high conviction into Q3. Top line acceleration (driven by Azure + O365), gross margin stabilization (improving cloud gross [profit] margins + LinkedIn), opex discipline, and aggressive share repurchases should drive improving EPS growth at MSFT,” analyst Kei

[The stream is slated to start at 3:45 p.m., ET. Please refresh the page if you do not see a player above at that time.] President Donald Trump holds a joint press conference with Italian Prime Minister Paolo Gentiloni on Thursday afternoon.

The Trump administration is close to bringing forward “major tax reform,” Treasury Secretary Steven Mnuchin said Thursday, days after he tempered expectations for how quickly it will pass. He said in February that he wanted to see “very significant” tax reform passed by Congress’ August recess. Republicans attempted to pass legislation to replace the Affordable Care Act before moving to a tax reform bill. Trump put the pressure back on Tuesday after Mnuchin and Cohn appeared to walk back expecta

Cohn: Need to get the jobs narrative back to what success means for the country 49 Mins Ago | 03:04Gary Cohn just laid out a simple standard for judging the Trump administration: economic growth. However, the Trump administration previously missed several of its deadlines for releasing its tax plan. Cohn did not go into detail about what specific provisions a Republican tax plan might include. Cohn added that the tax plan may contain a provision of using money repatriated, or brought by companie

Technical strategists say what could help the rally is a close above 2356—the 50-day moving average. The 50-day is just what it sounds like, the average of the 50 last closing prices on the S&P 500. The S&P fell below its 50-day last week, but was trading above it Thursday afternoon as the market got near the closing bell. That would be a near term win for the bulls if we were to close above the 50-day moving average,” said Ari Wald, technical analyst at Oppenheimer. Another key level just below

A recent string of less-than-stellar economic news has injected some uncertainty into whether the Fed will deliver a steady diet of rate increases ahead. In fact, current trading in the fed funds futures market indicates that the U.S. central bank will not be able to enact the two additional rate hikes that officials have indicated are on the way this year. Christine Lagarde, managing director of the International Monetary Fund, said the Fed will have to proceed carefully amid the swirling cross

U.S. government debt prices were lower on Thursday as investors digested several pieces of data and kept an eye on the French election. Uncertainty around the election has grown over the past month after far-left candidate Jean-Luc Melenchon’s surprising surge in the polls. According to French pollster Ifop, Melenchon was just five percentage points behind the front-runner, centrist Emmanuel Macron as of Wednesday. The yield on the benchmark 10-year Treasury note was higher at around 2.244 perce

U.S. stocks rose on Thursday as more companies released quarterly results while Treasury Secretary Steven Mnuchin said the administration was close to “major tax reform.” Mnuchin, who this week backed off of his earlier goal of passing tax reform by August, said the White House will unveil a plan “very soon.” However, the Trump administration previously set deadlines for releasing its tax plan that it did not meet. The Dow Jones industrial average rose more than 200 points, with Goldman Sachs an

Former Clinton Treasury Secretary Robert Rubin shared his views on the economy and President Donald Trump’s economic agenda in an exclusive interview Thursday on CNBC’s “Squawk Box.” On the economy: “Our basic rate of growth for this year and next year … is somewhere’s around 2 to 2 ¼ percent,” Rubin said. “My guess would be if you got the kind of stimulus they [House Republicans and Trump] are talking about, you might be able to add a few tenths to that, 2 ½ percent … but those kind of actions

Former Federal Reserve Chairman Alan Greenspan shared his views on the markets and President Donald Trump’s agenda in an exclusive interview Thursday on CNBC’s “Squawk on the Street.” If you get rid of Dodd-Frank it’s going to have a very significant positive impact on the economy,” Greenspan said. On stagflation: “Stagflation is in the process of emerging,” he said. On the euro: “I think the euro is going to eventually dissolve or restructure itself into a north and south euro,” he said. To wat

Hedge fund assets hit a record at the end of the first quarter as positive returns overcame investor redemptions. “Hedge fund capital increased to an impressive third consecutive quarterly record, extending the recent growth trajectory and following the most challenging year of capital withdrawals since post-financial crisis in 2009,” Kenneth Heinz, president of Hedge Fund Research, said Thursday. “Sophisticated investors continue to strategically position for market trends that drive hedge fund

Oracle will pay more than $850 million to acquire Moat, a company that tracks digital ads, according to a person familiar with the deal. Both Facebook and Google allow Moat to check in, to varying degrees, on ads that run on those companies’ platforms. Google’s YouTube recently announced that it would work with Moat to help advertisers verify that their messages aren’t running next to offensive videos. When it does, Oracle says Moat will operate as an independent unit, but will be offered as par

Brexit will damage the U.K.’s political and economic influence, with fresh trade deals likely to prove difficult to negotiate, former British Prime Minister John Major and leader of the Conservative party from 1990-1997, said on Thursday. “The U.K. has a robust political and economic structure. “What I do fear is that the U.K. will be less influential politically and will do less well economically than if she had remained in the European Union.” “Those who favor Brexit, anti-Europeans, promise a

There are likely many reasons for the decline of social skills, but the most plausible villain is technology itself. Direct reports who rate their leaders as high in empathy are also more likely to report that their leaders have increased their own level of engagement (see Figure 1). High empathy leaders accelerate business performanceWe compared two groups of leaders from our research: those that showed substantial improvement in empathy skills after a training intervention, and those that did