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In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailIntel beats on earnings and revenue, will focus on cost reduction over the next yearCNBC's Kristina Partsinevelos joins 'Closing Bell: Overtime' to report on Intel's third quarter earnings. Gilman Hill CEO Jenny Harrington reacts to the report.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailIntel, Verizon, and more: CNBC's 'Halftime Report' traders answer your questionsCNBC's Halftime traders Jenny Harrington of Gilman Hill Asset Management, Joe Terranova of Virtus Investment Partners, and Amy Raskin of Chevy Chase Trust answer investment-related questions from CNBC Pro subscribers. Look out for an email where you can submit your questions directly to the Halftime team.
On Thursday's "Ask Halftime," our traders answered questions from CNBC Pro subscribers about stocks and ETFs during this market volatility, including whether to buy, sell or hold specific names. Gilman Hill Asset Management's Jenny Harrington highlighted reasons why Intel is "a great long-term buy." Joe Terranova of Virtus Investment Partners discussed natural gas prices. He recommended waiting out the warm weather and looking to early next year for a clear signal on how high gas prices will rise. Finally, Amy Raskin of Chevy Chase Trust talked about Verizon , noting it's a very cheap stock to own with a high dividend yield.
While Rent The Runway closed its retail stores due to the pandemic, it still has a network of drop-off locations in major cities, including New York. More than 50% of clothing hanging up in someone's closet is only worn a handful of times before being discarded, according to Rent the Runway CEO Jennifer Hyman. That's why she, along with co-founder Jenny Fleiss, started the fashion rental and subscription business Rent the Runway in 2009 – a service the company has coined a "closet in the cloud." Customers can rent items for as long as they'd like and have the option to purchase any pieces they love. In its first decade of existence, Rent the Runway says it reached more than 11 million members.
She's written four books, including "Let's Pretend This Never Happened" and her most recent, "Broken (in the Best Possible Way)", all of which have been New York Times bestsellers. She's written openly about her struggles with depression, ADHD and OCD. Lawson recently spoke to CNBC Make It via email about tackling anxiety at work. How do you manage your work anxiety? Sometimes anxiety from not being able to work because you have anxiety becomes a snake eating its own tail.
IllinoisIn Illinois, two candidates are looking to make history as the state's first Latina congresswoman: Democratic state Rep. Delia Ramirez in the state's 3rd Congressional District, and Republican newcomer Catalina Lauf in the 11th Congressional District. OregonIn Oregon, two candidates are looking to become the state’s first Latina congresswoman: Democratic state Rep. Andrea Salinas and Republican Lori Chavez-DeRemer, the former mayor of Happy Valley. Flores is on the ballot again in November to defend her newly won seat representing Texas’ 34th Congressional District. Among them are Jenny Garcia Sharon in the 37th Congressional District and Carmen Maria Montiel in the 18th District. Justin Sullivan / Getty Images fileSen. Catherine Cortez Masto, a Democrat, made history as the first Latina elected to the U.S. Senate and the first woman elected to the Senate from Nevada.
Now, an Indian-origin man has become the Prime Minister of England,” a Zee News anchor said. Leon Neal/Getty Images Sunak and Boris Johnson watch as a sheep is sheared during a visit to a farm in North Yorkshire, England, in July 2019. Danny Lawson/PA Images/Getty Images Sunak speaks during a general election debate in Cardiff, Wales, in November 2019. Hollie Adams/Bloomberg/Getty Images Sunak and Murty are seen with their daughters, Krishna and Anoushka, while campaigning in Grantham, England, in July 2022. Indian Prime Minister Narendra Modi suggested as much in a tweet welcoming Sunak’s appointment.
Wayfair is holding its biggest sale event of the year, Way Day , for a second time. We've highlighted some great Way Day deals below. Wayfair does tend to exaggerate the original price to make its discounts seem larger, but during previous Way Day sales, we've seen the retailer offer some of its best deals of the year. Leading up to the sale, Wayfair had early discounts on small appliances, furniture, and more. Here are some of our favorite picks from the Way Day sale:
Matthew Perry is opening up about his decades-long battle with addiction, and how Jennifer Aniston was the friend who really stepped up and intervened. In a sneak peak of Sawyer’s interview with Perry, the 53-year-old “Friends” star details his substance issues like never before. “Secrets kill you,” Perry said in the preview clip, obtained by E! Sawyer quotes Aniston as saying: “We know you’re drinking.”“Imagine how scary a moment that was,” Perry responds. Perry added that Aniston’s support was desperately needed in his recovery journey.
Like Truss, Sunak promised a tough approach to illegal immigration and vowed to expand the government’s controversial Rwanda immigration policy. At the time Johnson was running to lead Britain's Conservative Party and Sunak was a member of Parliament. Danny Lawson/PA Images/Getty Images Sunak speaks during a general election debate in Cardiff, Wales, in November 2019. Danny Lawson/PA/Getty Images Sunak delivers a speech during the annual Conservative Party Conference in Manchester in October 2021. Hollie Adams/Bloomberg/Getty Images Sunak and Murty are seen with their daughters, Krishna and Anoushka, while campaigning in Grantham, England, in July 2022.
CNN —Cosmetics company L’Oréal, along with multiple other parties, is being sued over claims that its chemical hair straightening products put women at an increased risk of uterine cancer. Debrosse Zimmermann told CNN on Monday that the lawsuit marks a “watershed moment” for women of color who have used chemical hair-straightening products, such as relaxers. In the lawsuit, she claims to have no family history of cancer or uterine cancer. Black women tend to use these chemical hair-straightening products more frequently than White women, the researchers noted. “Black hair has been and always will be beautiful, but Black women have been told they have to use these products to meet society’s standards.
ROBERT, La.—A dozen or so offshore oil workers showed up in jumpsuits, life vests and helmets for a mandatory water survival course. “You’re not going to die,” 56-year-old offshore electronics technician Kent Cox reassured a nervous first-timer.
Harrington: We are in a bottoming process
  + stars: | 2022-10-20 | 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 EmailHarrington: We are in a bottoming processJenny Harrington of Gilman Hill Asset Management says investors are used to a "ricochet recovery" in the markets, but the bottoming process this time will take some time, but it's healthy and constructive.
Becky G was just 14 years old when she signed her first record deal. In 2016, Becky started releasing songs in Spanish, finding a wider audience and recognition. “I use the word collaboration a lot, because to me, that’s where the magic happens. 1 spot on the Hot Latin Songs chart. That’s really where I tried to focus a lot of my energy and make an impact.
After 20 years of working in transportation and third-party logistics distribution for organizations like Airborne Express and DHL, I started Boxzooka in 2014. During the pandemic, some clients had to close their brick-and-mortar stores, but they also saw a boom in e-commerce businessHeegan. At the same time, stay-at-home orders resulted in consumers turning to online shopping, which led to a significant boom for our e-commerce clients. We've leased multiple spaces in the last 7 yearsWe first leased space in Secaucus in 2015. When we leased the Harrisburg space, the market was just starting to warm up, but nothing like Secaucus.
As the US emerged from the Great Recession, cheap real estate and the rise of e-commerce collided to create a warehousing boom. Now warehouse boomtowns shoot up in places like California's Inland Empire, Pennsylvania's Lehigh County, and Columbus, Ohio, and the number of warehouse workers has nearly tripled in a decade. Here, Insider explores how the rise of warehouses and warehouse work has changed the US and its citizens as we became a Warehouse Nation. A surge in warehouse workUsing data and on-the-ground reporting, Insider looked at the opportunities and hidden costs of the rise of warehouse work. Read more from 'Warehouse Nation'A look from Insider at how the warehouse boom has reshaped America.
The energy crisis that has closed steel mills and aluminum smelters across Europe is now spreading to the continent’s fashion industry. Thousands of small factories and workshops that supply brands such as Gucci and H&M have watched their business models unravel amid the surge in natural-gas and electricity prices following Russia’s invasion of Ukraine and its decision to reduce the flow of gas to the continent. Energy costs for many textile makers have risen from about 5% of production costs to around 25%, slashing their profit margins, according to data from European textiles and apparel trade group Euratex.
The energy crisis that has closed steel mills and aluminum smelters across Europe is now spreading to the continent’s fashion industry. Thousands of small factories and workshops that supply brands such as Gucci and H&M have watched their business models unravel amid the surge in natural-gas and electricity prices following Russia’s invasion of Ukraine and its decision to reduce the flow of gas to the continent. Energy costs for many textile makers have risen from about 5% of production costs to around 25%, slashing their profit margins, according to data from European textiles and apparel trade group Euratex.
Investors should be looking granularly at individual stocks to tell if they've bottomed and if it's a good time to buy, said Jenny Harrington, chief executive officer of Gilman Hill Asset Management. You've got Ark and those kind of nose-bleedy valuation stocks down 62%, S & P down 23-and-change, dividend stocks down nine. Harrington said traders are worried about knee-jerk moves, but long-term investors should simply "stay the course." Harrington pointed to data storage company Seagate , which is down about 52% this year, as one that has already bottomed. "You can always find individual companies out there that have bottomed, that are the right price to buy now," she said.
He recently spoke with economist and author Jenny Schuetz about the housing crisis. Pundits love to blame permissive social policies for the disrepair that they highlight, but the truth is that rural America — including many red areas — is facing the same problems of skyrocketing crime, housing costs, and homelessness. Schuetz said that a true solution to our housing crisis requires the passage of policy solutions at the federal, state, and local level. An overly regulated market and a broken tax codeBringing housing costs down and home supply up starts with stripping power from zoning boards. When the majority of homeowners and homebuyers treat housing as the foundation of their wealth, as opposed to one of the most basic human needs, the housing market behaves more like an investment market.
The term "technology" was referred to 40 times, up from 17 times in the report from the 2017 congress. Iris Pang, chief economist for Greater China at ING, said Xi's remarks addressed "the urgent need for talent and promoting self-sufficiency in technological advancement". "As such research spending on semiconductor technology should increase. On Monday, shares in Chinese information technology companies (.CSIINT) rose more than 1%, while semiconductor stocks (.CSIH30184) rose 0.7%. Venture capital (VC) has been allowed to invest in Chinese chip companies, with such firms receiving over $30 billion in VC cash between 2020-2021, according to Chinese investment research firm CVInfo.
The 34-year-old Idaho man died Tuesday from injuries sustained during during a Russian attack in Luhansk. “I have a picture of the truck,” Corry said in a phone interview Friday. “Sometimes it was harder for him to mesh in the civilian world.”When Russia invaded Ukraine, Partridge felt a need to help the Ukranians. At least four other U.S. citizens have been killed while fighting in Ukraine, based on reports from their families and the U.S. State Department. The Ukrainian government has recruited people with military experience to join the International Legion for the Territorial Defense of Ukraine.
Emma Rogue is the founder of Rogue, a vintage store in New York that has fans like Post Malone. He said I should make a video about my Depop store, Rogue — which remained separate from my job at Depop — instead. Depop eventually offered me a full-time job, but I decided to see where I could take Rogue instead and left Depop Space NY in October 2020. The business still has startup vibes, but we have more processes in placeShoppers in the Rogue store. I'm earning more than when I was working at Depop Space NY, but I'm so grateful to Depop because this is how I got my start.
LONDON—Workers evacuated a natural-gas plant in Norway and European gas prices spiked after what local officials said was a hoax bomb threat. By Thursday afternoon, workers were back at the plant restoring normal operations, and gas prices had receded. The scare, though, punctuated a sense of high alert over energy infrastructure across Europe, and in Norway in particular. The country is a major gas producer and has become an even more important source of gas to the continent after Russia by and large shut off flows to Europe.
The Amazon Prime Early Access Sale 2022 is still on and runs through today, October 12. It's only fair to wonder if the deals are as good as the Prime Day bargains from July. During the summer Prime Day, we saw low prices on everything from Apple Watches to small appliances to clothing basics. Using price-checking tools and referencing our old articles, we've found deals that are better than those on Prime Day, including ones that match past lightning deals you may have missed. For more exceptional deals, check out our liveblogs for the best Amazon Prime Day deals overall, deals under $50, and last-minute lightning deals.
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