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CNBC Closing Bell May 24, 2016

And more evidence that were not in the 20th century anymore, toto. Esports coming to cable. Why competitive video gaming could be the next frontier in the new world. Now cocacola is stoning production in venezuela because of a shortage of sugar. Wheel talk with a global economist about the impact this could have across latin america. Some of the stocks including homebuilders. Mary tom sn is on the floor with the details. Mary . Hey, there, bill. Markets rallying on the back of a strong gain in europe. Then we have the housing data. Theres also a bit of a short squeeze going on. Volume is not that great. Ill tell you whats great. The action on the back of the positive data for the april housing. We have Toll Brothers right now with better than expected numbers. Its stock trading at 29. 30. To the right you see the others, pulte homes and others. The home numbers have given a lift to some of the suppliers of the housing industry as w ....

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Meet the Ex-Wirehouse Rep Turning the Rockefeller Family Office Into a Wealth Management Firm


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A boutique firm may seem an unlikely venture for Gregory Fleming to helm. After all, he spent virtually his whole career at two wirehouses  Morgan Stanley and Merrill Lynch, where he topped out as president of wealth and asset management, and president, respectively.
But a smaller enterprise with an entrepreneurial mindset is exactly what Fleming, 57, is now running. The investment banker  who helped Bank of America buy Merrill’s business and helped former Yankee Derek Jeter in the consortium acquisition of the Miami Marlins  is relishing the job of recasting the Rockefeller family office into a wealth management firm, as he tells ThinkAdvisor in an interview. ....

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