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  • “Before 2014, if you were born with congenital heart disease like my son was, there was a good chance you’d never be able to get health insurance because you had a pre-existing condition,” Kimmel continued, referring to 2014 when Obamacare health insurance plans began taking effect. The GOP health-care bill that passed the House on Thursday was amended to include a provision that won support from conservative holdouts. That provision would, under certain conditions, undo Obamacare’s ban on letti
    Trump and Jimmy Kimmel want the same things out of health care, says HHS chief Tom Price

  • They passed the American Health Care Act, 217 to 213. Rob Portman of Ohio: Portman spearheaded a letter in early March criticizing the initial House bill for its Medicaid cuts. Bill Cassidy of Louisiana: Cassidy has been an enthusiastic participant in the early days of the health care debate. He drafted a bill with Collins that would let states decide whether they wanted to stick with Obamacare or create their own health care program. Mike Lee of Utah: Lee, like Paul, attacked the original versi
    10 senators to watch in the health care debate

  • A daily morning look at the financial stories you need to know to start the day. STOCKS/ECONOMY-Stock futures are mixed after Thursday’s mixed close and ahead of this morning’s April jobs report where 185,000 net new jobs are expected to have been gained. OIL/ENERGY-U.S. crude oil is flat and still at the 5-month low of $45 a barrel level after Thursday’s steep losses. WHALE WATCHING-Warren Buffett says he’s sold about a third of his IBM stock because he no longer has as much confidence in the c
    Here are the 10 most important stories for investors Friday morning

  • Crude just had its worst day in five months, and one technically minded trader who has had a hot hand calling crude’s next move sees even more trouble. With crude hitting below $46 on Thursday for the first time since Nov. 30, Todd Gordon of TradingAnalysis.com said the commodity may retest old lows from 2016. Gordon sees crude possibly dropping back down to its summer 2016 low, which sat at around $39.30. But according to the trader , crude itself won’t be the biggest victim of its plunge. “As
    Crude is crashing, and here's where I see it going next: Trader

  • The Nasdaq Biotechnology ETF, the IBB, is booming this year, up more than 11 percent as the S&P 500 has rallied nearly 7 percent. And while the ETF was down more than 1 percent on Friday, Rich Ross of Evercore ISI said the charts are showing “two great reasons to buy” on the dip. First, Ross noted an ascending triangle that has formed on the chart. The second pattern Ross noted was a “textbook” cup and handle within that ascending triangle. This type of pattern forms during a period of consolida
    Here are two great reasons to buy biotech right now: Technician

  • There’s no getting around it: Owning a home costs more each month than renting across all 50 states. You’ll just want to weigh the pros and cons of home-ownership first. To help you make the decision, CNBC rounded up the price gap between owning and renting, using data collected by cost information site Howmuch.net. Here’s how much more it costs to own then rent in all 50 states. States are listed in descending order of price difference.
    Here's how much more it costs to buy a home than rent in all 50 states

  • YouTube blocks ads from channels with fewer than 10K views Thursday, 6 Apr 2017 | 4:27 PM ET | 01:35YouTube will no longer allow ads on channels with fewer than 10,000 lifetime views, in an effort to keep advertisements from showing up next to offensive content. YouTube said Friday that the new thresholds will help ensure revenue only flows to legitimate creators. The move comes amid backlash from advertisers over the placement of ads on objectionable videos, such as videos supporting terrorists
    YouTube will no longer allow ads on channels with less than 10,000 views

  • But most of all, it was the party’s charismatic leader, Marine Le Pen, who captured Troin’s loyalty. Last month’s first-round vote was close with with Le Pen polling 21.5 percent of the vote and centrist Emmanuel Macron nudging his way ahead on 23.8 percent. Were it to win, it would not have been an easy ride for a movement that previously peaked in 2002 when founder Jean Marie Le Pen — Marine Le Pen’s father — reached the second and final round of the presidential election. French voters flocke
    French elections: Marine Le Pen is backed by quiet army of women

  • President Donald Trump upset South Korea at precisely the wrong time. Trump shocked the longstanding U.S. ally and trading partner in an interview with Reuters last Thursday with two unexpected announcements: He wants Seoul to pay for a missile defense system the United States is deploying there, and he wants to renegotiate the existing free trade agreement between the two countries. The comments came against a high-stakes backdrop: Tensions are rising around North Korea’s nuclear threat, and So
    Trump picked a bad time to start alienating South Korea

  • Instead of continuing the same old jeering chorus of Trump-bashing, the Senate Democrats have a unique chance to use this bill to switch to a winning strategy in the health debate and beyond. Instead of declaring victory, the Democrats are responding the same way they would had the House GOP really repealed Obamacare. Will it be the fact that the Democrats in Congress shouted the loudest nasty things about President Trump and the Republicans? The logical next step is for the Senate liberals to i
    Elizabeth Warren, Senate Democrats can win on Obamacare—Commentary

  • Among the specific stock suggestions, David Rosen of Rubric Capital Management, recommended a long position in Kraton. It’s a similar story for Chamath Palihapitiya, the Social Capital founder and CEO, who recommended investors buy Amazon shares, which are up 40 percent since. John Khoury of Long Pond Capital and also Richard Deitz, founder of VR Capital Group, both had long picks that resulted in double-digit gains. Khoury recommended Hyatt Hotels, a stock that’s up 15 percent, while Deitz was
    Palihapitiya's 40% score on Amazon among standout picks as big hedgies get set to meet again at Sohn

  • So this week, I’m pleased to share with you the single best tool I’ve ever found for getting my money back or my money’s worth. It’s called the Executive Email Carpet Bomb (E.E.C.B. The Consumerist team named the concept and gave it life (and a four-letter abbreviation) in its initial post by Ben Popken. I’ve used it at American Airlines more than once, and at Best Buy when it sold me a defective backpack. But if you write one in the right way, it will most likely become the best tool in your ki
    The best consumer self-advocacy tool you've never used

  • A popular exchange-traded fund that tracks the price of silver, the iShares Silver Fund, just posted its 14th-straight session of losses — extending its longest losing streak ever. After an unremitting plunge for the metal, some strategists say it’s time to buy it for a bounce. “I think silver is very attractive, after getting killed the way it has,” iiTrader senior market strategist Bill Baruch said Thursday on CNBC’s “Trading Nation.” Some strategists say it’s a good time to buy silver. Before
    Silver ETF extends its longest losing streak ever

  • In the Seattle Post-Intelligencer on Thursday, a local scribe — or at least a headline writer who never read the actual article — set out to examine the merits of the two proposals from the Oak View Group and Seattle Partners. It took quite a bit of digging too, since, according to Sonics Rising, “The financial information section of the [Oak View Group’s] proposal was redacted from public consumption.” The plan calls for these revenues to provide credit towards the base rent they would pay the
    Seattle demands a privately funded arena revolution, fails

  • President Donald Trump on Friday signed the omnibus spending bill to fund the government through Sept. 30, a White House spokeswoman said. The president and House Speaker Paul Ryan both focused on defense and border security spending as Republican victories. On Tuesday, Trump called the bill a “clear win for the American people,” while Ryan said “this is what winning looks like.” Irked by Democrats such as Senate Minority Leader Chuck Schumer highlighting what they deemed victories in the spendi
    Trump signs spending bill to avert government shutdown

  • “The more output you produce, the better your shot at stumbling onto greatness,” according to organizational psychologist and “Option B” co-author, Adam Grant. Not so, says best-selling author Malcolm Gladwell — instead, greatness is about performance. “We do not want the high output, lots-of-errors lawyer,” says Gladwell. If it turns out it’s not right we can just go back and do another version later,'” says Gladwell. Gladwell continues: “In the financial crisis, someone put the comma in the wr
    Malcolm Gladwell: Here's why you should slow down and do less

  • A sharp drop the number of oil barrels Saudi Arabia loaded onto tankers in April appears to deliver what the market has been awaiting: a big decline not just in crude output, but exports. Members of the OPEC have achieved historically high compliance with a deal to cut their combined production by 1.2 million barrels a day. They jumped to about 24.3 million barrels a day in January, the month the deal was implemented. According to Smith, consistently high exports have prevented the output cuts f
    Saudi Arabia appears to be cutting oil exports to stem the crude decline

  • A Senate committee investigating Moscow’s interference in last year’s election has asked several of President Donald Trump associates to turn over information about possible contacts with Russian officials or businessmen. Former Trump foreign policy adviser Carter Page responded on Friday calling the congressional probe a “comically fake inquiry” but pledged to cooperate. He also said that he “rejects” the claim that WikiLeaks founder Julian Assange and Guccifer 2.0 are Russian assets. The lette
    Senate asks Trump associates for details on Russian contacts

  • Weschler in particular is credited with convincing Buffett to look at industries, notably technology, that he has previously left to other investors. Apple’s up nearly 50 percent since, and Berkshire now owns roughly 2.4 percent of Apple shares at a value of roughly $20 billion. But even in old-school economy areas where Buffett is a master — consumer stocks and industrials — the new managers brought new ways of thinking. For his part, Combs is credited with convincing Buffett and Munger to buy
    Lessons on sharing wealth and knowledge from Buffett’s stock pickers

  • The White House has fired its chief usher, Angella Reid, who was the first woman to hold the job. Reid, also the second African-American to be chief usher, joined the White House in 2011, under President Obama. The job of the chief usher is to run the executive mansion, overseeing its staff and all major events at the residence and working closely with the first family. The last chief usher, Stephen Rochon, only served for four years, and he left to accept a position at the Department of Homelan
    White House fires its chief usher, the first woman to hold the job

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