A Manafort spokesperson said the $3.5 million loan was repaid in December, but also said paperwork showing the repayment was not filed until he was asked about the loan by NBC News. Real estate experts contacted by NBC News called the omission “highly unusual,” though not illegal. The mortgage notice would also show the mortgage tax has been paid. Baldinger said that the relationship with Spruce Capital originated with an independent mortgage broker who was introduced to Manafort by Manafort’s s

Goldman Sachs told investors to buy Intuitive Surgical shares because robot-assisted procedures will double in the next two years. Intuitive Surgical is one of the best-performing stocks in the market this year. His Intuitive Surgical 12-month price target is $1,000, representing 18 percent upside from Monday’s close of $850.67. He also noted that less than 3 percent of tier-three (facilities with more than 500 beds) hospitals in China have an Intuitive Surgical robot system. As a result, Ro est

It looks like investor hopes about President Donald Trump will go unfulfilled, but stocks will keep rising anyway, according to famed investment strategist Byron Wien. “At the beginning of the year, I thought the Trump pro-growth program was propelling the market,” Wien, vice chairman of the private wealth solutions group at Blackstone, said Monday on CNBC’s “Trading Nation.” In other words, political optimism gave way at the same time that positive news about earnings was moving to the forefron

[The stream is slated to start at 10:20 a.m., ET. Please refresh the page if you do not see a player above at that time.] House Speaker Nancy Pelosi speaks at the Center for American Progress 2017 Ideas Conference.

At $50, and even more so at $60, U.S. oil drillers can profit on a much wider group of drilling sites. Oil jumped on the news, with West Texas Intermediate crude edging back toward the psychological $50 per barrel level Tuesday and Brent futures just over $52. He expects shale drilling to accelerate and U.S. shale alone could meet the new demand in global growth. Even with the recent dip in oil prices, U.S. drillers have been adding wells. He said U.S. shale’s response is something that Russia a

Trump: I wanted to share facts on terrorism and flight safety with Russia 3 Hours Ago | 02:46Reports Monday that President Donald Trump revealed highly classified information to top Russian officials marked the latest twist in a chaotic week at the White House. Here are the big developments of the last week, which started with the abrupt firing of then-FBI Director James Comey:

In the fifth annual Disruptor 50 list, CNBC features private companies in a range of industries — from biotech and machine learning to transportation and retail — whose innovations are changing the world. These forward-thinking starts-ups have identified unexploited niches in the marketplace that have the potential to become billion-dollar businesses, and they rushed to fill them. But we ranked those venture capital–backed companies doing the best job. In aggregate, these 50 companies have raise

“Our Android program is co-created with Google,” says Ishan Gupta, managing director of Udacity India. And while the Indian economy is growing fast, pricing had to be different in a market where incomes are far lower. The company will soon add a service available to its U.S. customers: connecting Indian customers and contractors for home decorating projects. But the “general contractors” label in the United States will be “civil engineers and contractors” on the India site. It turns out many Ind

U.S. government debt prices held lower on Tuesday as investors parsed through disappointing housing data. U.S. housing starts totaled 1.172 million in April, well below the expected 1.26 million. The yield on the benchmark 10-year Treasury notes, which moves inversely to price, was higher at around 2.352 percent, while the yield on the 30-year Treasury bond was also higher at 3.018 percent. Investors also kept an eye on Washington after U.S. President Donald Trump reportedly shared classified in

As a result, its shares hit the top of the benchmark, trading more than 4 percent higher. Sterling edged to a fresh one-week high on the news though has since pared all of its gains to turn negative. Elsewhere, the mood among German investors improved yet again in May to hit its highest level since July 2015. The German DAX surged higher, shrugging off the impact of a strengthening euro, to hit a new all-time high on Tuesday. The outcome of the French presidential election has sparked investors’

Stocks gave up initial gains on Tuesday after the S&P 500 and Nasdaq composite hit new all-time highs. The S&P and Nasdaq reached record levels shortly after the open, but pulled back from those levels after the health care sector traded 0.5 percent lower to lead decliners. Pfizer was among the worst performers in the sector along with UnitedHealth. “You hit those record highs and you tend to get some pullbacks,” said Bob Phillips, managing principal at Spectrum Management Group. The S&P and Nas

So optimistic is Udacity about the future of self-driving cars, that the online learning platform recently launched a contest offering $100,000 to anyone who can build the world’s first open-source autonomous vehicle. Read More FULL LIST: 2017 DISRUPTOR 50It makes sense: Udacity offers a “nanodegree” to become a self-driving car engineer. Unlike other e-learning platforms, such as Coursera, which offers courses across a wide variety of topics, Udacity is focused on tech. He figured the thirst fo

A sign that the company’s technology is gaining some traction: It recently signed a deal with Warren Buffett’s Berkshire Hathaway Energy, an $84 billion portfolio of companies mainly in the renewable-energy section. Two of that company’s subsidiaries will use Uptake’s software to increase the productivity of their fleet of wind turbines. The company has a social mission as well. Through its civic innovation arm, Beyond, its analytics platform will soon be used by nonprofits in Nepal focused on i

It looks like the personal genetics company, 23andMe, is getting a second chance to do what it always set out to. The new FDA approval allows 23andMe to tell consumers about their risk for 10 conditions — not whether they have it, just whether they are at risk for getting it. There are two types of information consumers can purchase. For $99 they can receive information about their ancestry and where relatives once lived around the world. For $199 customers can receive that information, as well

GitHub has been described as the “Facebook for developers” because it encourages collaboration and interaction around code. GitHub is used by individual developers, organizations such as NASA, and enterprise customers including IBM, Target, Wal-Mart and John Deere. The company claims that 19 million developers use the service worldwide. Read More FULL LIST: 2017 DISRUPTOR 50GitHub has not been without its ups and downs. According to Bloomberg, GitHub had losses of $66 million for the first nine

SparkCognition is in the white-hot cybersecurity arena, a sector that is projected to grow to $170 billion by 2020. This Austin, Texas-based start-up uses artificial intelligence technology to deploy software for the oil and gas industry as well as utilities, and the manufacturing, defense and financial sectors. The company has managed to attract $16 million in funding from the Entrepreneurs’ Fund, Verizon Ventures and CME Ventures since it started in 2013. It recently bolstered its executive be

Big data company Palantir Technologies hones a reputation as a secretive outfit, but its co-founder Peter Thiel is now part of the most visible entity on Earth — the Trump administration. Thiel is the president’s closest tech advisor, and Palantir CEO and co-founder Alexander Karp met with Trump before he took office. Its software can take mounds of data and transform it into maps, charts and other actionable forms of intelligence. Palantir can then report back to a client any news of potential

Though cybersecurity firm Cylance has been working with high-profile clients such as Panasonic, The Gap and Toyota since its founding in 2012, it was a government agency that gave the Irvine, California-based company its biggest boost in 2016. Read More FULL LIST: 2017 DISRUPTOR 50Cylance was able to do that because it approaches cybersecurity in a different way. It says its billings have grown over 1,000 percent since it was launched in 2012, making it one of the fastest security start-ups. Cyl

When the Democratic National Committee realized last summer that its networks had been hacked, they called in CrowdStrike, an Irvine, California-based firm, to evaluate and remediate the breach. Read More FULL LIST: 2017 DISRUPTOR 50In years past, this kind of protection was offered as a hardware solution that would sit on a company’s network. What CrowdStrike does instead is employ its Falcon platform as a cloud service, thereby controlling the way it works. The company claims this enables it t

Full interview with Steve Eisman Monday, 15 May 2017 | 10:17 AM ET | 16:53A top fund manager who shorted banks going into the financial crisis now likes two of the hottest internet stocks. Steve Eisman, fund manager for Neuberger Berman, said on CNBC’s “Fast Money” Monday that he likes two stocks in the group of high-flying tech-related stocks nicknamed “FANG:” Facebook, Amazon, Netflix and Google. The fund manager successfully bet against the bank stocks prior to the 2008 financial crisis, when