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Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC’s full interview with Capital Area Planning Group's Malcolm EthridgeMalcolm Ethridge, Capital Area Planning Group managing partner, joins 'Power Lunch' to discuss the market and data center stocks he's watching.
Persons: Malcolm Ethridge Malcolm Ethridge Organizations: Capital, Planning Group
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCapital Area's Malcolm Ethridge names these data centers as the big AI winnersMalcolm Ethridge, Capital Area Planning Group managing partner, joins 'Power Lunch' to discuss the market and data center stocks he's watching.
Persons: Malcolm Ethridge Organizations: Planning Group
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailEthridge: Rocket performed well in a bad interest rate environment. Malcolm Ethridge, Managing Partner Capital at Area Planning Group, discusses his bullish outlook on Rocket Mortgage and PayPal, citing Rocket's strong performance in a challenging mortgage market and its efficiency improvements.
Persons: Malcolm Ethridge Organizations: Rocket Mortgage, PayPal
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC’s full interview with Capital Area Planning Group's Malcolm Ethridge, American Century Investments’ Mike Rode and Obermeyer’s Ali Flynn PhillipsCapital Area Planning Group's Malcolm Ethridge, American Century Investments’ Mike Rode and Obermeyer’s Ali Flynn Phillips, join 'Closing Bell' to discuss their market outlooks and mega cap stocks.
Persons: Malcolm Ethridge, Mike Rode, Obermeyer’s Ali Flynn, Obermeyer’s Ali Flynn Phillips Organizations: Capital, Century Investments
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMega caps will continue to take us to the promise land, says Capital Area's Malcolm EthridgeMalcolm Ethridge, Capital Area Planning Group managing partner, joins 'Closing Bell' to discuss markets, mega cap stocks and where he sees stocks go from here.
Persons: Malcolm Ethridge Malcolm Ethridge Organizations: Planning Group
Ethridge: More cuts are expected—it's baked in.
  + stars: | 2024-10-08 | 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 EmailEthridge: More cuts are expected—it's baked in. Malcolm Ethridge, Managing Partner at Capital Area Planning Group, highlights potential interest rate cuts and M&A activity in banks. He cautions against focusing solely on interest spreads and notes investors' hesitation with money market funds.
Persons: Malcolm Ethridge Organizations: Area Planning
(This is a wrap-up of the key money moving discussions on CNBC's "Worldwide Exchange" exclusive for PRO subscribers. Worldwide Exchange Word of the Day: Tempest Victoria Greene of G-Squared said investors are facing both literal and metaphorical storms that they need to consider. Best Q4 Ideas: LVMH and Estee Lauder Tiffany McGhee of Pivotal advisors said LVMH and Estee Lauder will be big beneficiaries of China stimulus. (This is a wrap-up of the key money moving discussions on CNBC's "Worldwide Exchange" exclusive for PRO subscribers. "Moisturizer is not a 'nice to have' it is a must have," said McGhee about Estee Lauder.
Persons: Tempest Victoria Greene, Squared, Said, Milton, Zscaler Malcolm Ethridge, Greene, Estee Lauder Tiffany McGhee, LVMH, Estee Lauder, McGhee, Estee, Ethridge Organizations: PRO, Worldwide, Pepsi, Area, Global, Pepsico, Siete Locations: China, Estee Lauder
Britain’s highest court has ruled that local councils and planning groups must consider the full environmental impact of new fossil fuel projects when deciding whether to approve them, a decision that could have far-reaching consequences and that climate activists hailed as a major victory. In particular, the ruling will make it harder for Britain to move ahead with plans to develop large offshore oil fields in North Sea, including Rosebank, one of the country’s largest undeveloped oil fields. Situated off the coast of Scotland, Rosebank contains an estimated 300 million barrels of recoverable oil. Now, they will also be required to estimate and disclose the emissions produced by their suppliers or consumers, such as from oil being refined or burned as fuel. Those emissions, produced along what’s known as a company’s “value chain,” make up the bulk of greenhouse gas emissions related to oil production.
Persons: Annalisa, “ It’s Organizations: University of Stirling, Court Locations: Britain, North, Scotland, Rosebank
Last fall, Jina Kim and two of her friends splurged on a two-night stay at the Ananti at Busan Cove, a luxury resort in Busan, South Korea. The resort, where rooms start at $369 a night, features infinity pools, spas, eight restaurants, a private coastal walk and beach area, and a 4,600-meter “Water House” — an indoor pool and sauna fed by natural hot-spring water. “We just spent the whole day in the resort hotel, swimming, eating and drinking,” said Ms. Kim, a 32-year-old former teacher who is now a stay-at-home mother. Ms. Kim and her friends weren’t worried about how they would pay for the trip because they had spent over a decade saving in a “gyemoim,” a Korean term for people who form financial planning groups to save money for future expenses.
Persons: Jina Kim, splurged, , Kim, weren’t Locations: Busan, South Korea,
It does not participate in NATO’s nuclear planning group. Talk of a European nuclear umbrella has come from, among others, German members of the European Parliament. But Chancellor OIaf Scholz and other top security policy officials believe there is no alternative to NATO’s nuclear umbrella. NATO’s nuclear deterrence relies in part on U.S. warheads deployed in Europe using local infrastructure. NATO conducts a major nuclear exercise every year to ensure its readiness and to act as a deterrent to any would-be aggressor, primarily Russia.
Persons: Donald Trump, Jens Stoltenberg, that’s, , United Kingdom –, ” Stoltenberg, , Emmanuel Macron, OIaf Scholz, Boris Pistorius, shouldn’t, who’s, Trump, Joe Biden, Stoltenberg, ” Pistorius, Robert Habeck, ___ Moulson, Sylvie Corbet Organizations: NATO, German, Republican, Welt, Washington, Associated Locations: BRUSSELS, United States, Europe, Ukraine, U.S, Brussels, North America, France, United Kingdom, Russia, European, Berlin
Recently, TikTok users have been gaining traction with the idea that people shouldn't feel guilty about paying for their own food and not splitting the check. Diners say splitting the bill can be unfairSome of the recent bill-splitting discourse posts are grouped under the hashtag "groupdinner," which has 9.6 million views. splitting the bill. AdvertisementIn sticking to etiquette norms when paying for one's own meal, it's crucial that guests repay their portion promptly. More than anything, communication between the hosts and guests is essential and can help thwart nightmare bill-splitting mishaps like the ones described in the viral TikTok videos.
Persons: , @finegalnopimple, TikToker @remiandryan, Nick Leighton, fleeced, Leighton, OnePoll, It's, it'll, it's Organizations: Service, Business, Louisiana Federal Credit Union, New York Times, Forbes Locations: Dutch, Louisiana
DMs persuaded some travel creators to arrange group trips with their followersTravel creator Gabby Beckford led her first group trip with her followers in August 2021. Ismail initially worked with the group travel company TrovaTrip, which handled the logistics. AdvertisementAs more travel creators build communities to travel with, startups like Jerne are popping up to help support their businesses. Morgan said quite a few creators are now using Jerne to find brands to sponsor group travel, as well. "Travel advisors have been hosting group trips for as long as they've existed," he said.
Persons: , Tia Cooper, she's, Cooper, they've, Instagram, influencers, Tim Morgan, Gabby Beckford, she'd, Beckford, Nabila Ismail, Ismail, Morgan, It's, Dharma, Charaf El Mansouri Organizations: Service, Business, BI, DMs, Intrepid, Brand, Virgin Voyages Locations: Ireland, Abu Dhabi, Croatia, Mexico, Indonesia, Pakistani
The Russian lunar mission, the first since 1976, is racing against India, which launched its Chandrayaan-3 lunar lander last month, and more broadly with the United States and China, both of which have advanced lunar exploration programs targeting the lunar south pole. The lander is expected to touch down on the moon on Aug. 21, Russia's space chief Yuri Borisov told Interfax on Friday. I hope that a highly precise soft landing on the moon will happen," Borisov told workers at the Vostochny cosmodrome after the launch, according to Interfax. A Japanese lunar landing failed last year and an Israeli mission failed in 2019. No country has made a soft landing on the south pole.
Persons: Roscosmos, Yuri Borisov, Borisov, Luna, Asif Siddiqi, Neil Armstrong, Maxim Litvak, Guy Faulconbridge, Joey Roulette, Leslie Adler, Gerry Doyle Organizations: India, Soyuz, Luna, Vostochny, NASA, Kremlin, Space, European Space Agency, Fordham University, Reuters, 2.1b, REUTERS U.S, European Union, Thomson Locations: MOSCOW, Russia, United States, China, Vostochny cosmodrome, Moscow, Ukraine, Russian, Amur, Handout, Soviet, Soviet Union, India, Japan, Washington
The U.S. military said it was aware of the missile launches and was consulting closely with its allies and partners. The firing comes nearly a week after North Korea tested its latest Hwasong-18 intercontinental ballistic missile, a launch Pyongyang said was a warning to the United States and other adversaries. Also on Tuesday, a U.S. soldier facing disciplinary action fled across the inter-Korean border into North Korea. The soldier is believed to be in North Korean custody, Washington said, creating a fresh crisis between the two foes. North Korea "undoubtedly opposes" a new U.S.-South Korea nuclear war planning group that met for the first time on Tuesday, as well as the visit of the U.S. nuclear ballistic missile submarine, he said.
Persons: Yasukazu Hamada, Washington, Leif, Eric Easley, Rami Ayyub, Kiyoshi Takenaka, Nobuhiro Kubo, Josh Smith, Doina Chiacu, Eric Beech, Sandra Maler, Sonali Paul Organizations: Japanese Defence Ministry, Korea's, Chiefs of Staff, Pacific Command, Japanese Defence, Japan, North, Ewha University, U.S, Thomson Locations: TOKYO, North Korea, Japan's, South, Korean, U.S, United States, Pyongyang, North, American, Seoul . North Korea, Korea, Washington, Tokyo, Seoul
It was the first time that Seoul suggested a willingness to provide weapons to Ukraine, more than a year after ruling out the possibility of lethal aid. During the summit, Yoon said he will seek "tangible outcomes" on the allies' efforts to improve responses to evolving threats from North Korea, which has ramped up military tests, and launched its first solid-fuel intercontinental ballistic missile last week. In February, South Korea and the U.S. staged table-top exercises simulating a North Korea nuclear attack as part of Seoul's efforts to play a bigger role in Washington's nuclear policy over the North. "I think there's no big problem if Japan is joining, but since there's been much progress between the U.S. and South Korea, it would be more efficient to create this system ourselves first." "The Taiwan issue is not simply an issue between China and Taiwan but, like the issue of North Korea, it is a global issue."
Here are five key things to know if you start thinking about how you'd craft an estate plan. A will may not cover all your basesA will is a basic part of an estate plan. Be aware that many 401(k) plans require your current spouse to be the beneficiary unless they legally agree otherwise. watch nowAdditionally, an estate plan should include other end-of-life documents, including a living will. You'll need to revisit your estate plan
CD rates have been rising rapidly over the past year, thanks to the Federal Reserve’s efforts to fight inflation. And there’s potentially a bigger issue at play: Regardless of where you stick your cash, interest rates’ odd behavior suggests the economy may be out of whack. CD rates have climbed dramatically since the Federal Reserve embarked on its campaign to fight inflation, which peaked at nearly 10% late last year. But the Fed faces a conundrum: Hiking interest rates to fight inflation also slows economic growth. Short term rates remain high, while longer term rates—reflecting grim economic prospects in years to come—fall off.
[1/2] Brazilian President-elect Luiz Inacio Lula da Silva gestures near Geraldo Alckmin, Brazilian elected Vice President during a meeting with members of the government transition team in Brasilia, Brazil November 10, 2022. REUTERS/Ueslei MarcelinoBRASILIA, Nov 10 (Reuters) - The transition team of Brazilian President-elect Luiz Inacio Lula da Silva will have a budget planning group aligned with the leftist Workers Party (PT), indicated Vice-President-elect Geraldo Alckmin on Thursday. According to Alckmin, the team will feature former Finance Minister Guido Mantega, lawmaker Enio Verri, former Federal Budget Secretary Esther Dweck and Antonio Correa de Lacerda, president of the Federal Economic Council. Reporting by Lisandra Paraguassu; Writing by Marcela Ayres; Editing by Chris ReeseOur Standards: The Thomson Reuters Trust Principles.
But matching five of the numbers still means a $1 million payout — and 22 people across 16 different states may have winning tickets, according to Powerball. The automatic 24% federal tax rate would take a $1 million payout down to $760,000, according to Powerball's tax calculator. There are enough horror stories of lottery winners squandering their earnings to make winning a major prize seem like more trouble than it's worth. A smaller prize takes a bit of the pressure off, but anyone receiving such a large cash payout can make mistakes. Common advice for lottery winners says to take the prize as an annuity to extend its life.
Burton | The Image Bank | Getty ImagesWhat happens if a loved one dies without a will? Millions of us are bound to find out, as two-thirds of American adults have no will, according to a recent Caring.com study. "But while the court distributes the property, it is ultimately up to the survivors to claim their rights to it," he said. For an intestate situation, the probate court appoints an executor for the estate who will follow a process according to the laws of the state where the deceased lived. "Generally speaking, this process, as a first step, involves identifying the kinship, aka bloodline, of the deceased," Ponnapalli said.
BRUSSELS, Oct 13 (Reuters) - The United States reaffirmed its commitment to defend "every inch" of NATO territory ahead of talks among defense ministers from the alliance on Thursday that will include closed-door discussions by its nuclear planning group. Register now for FREE unlimited access to Reuters.com RegisterAustin spoke shortly before attending a meeting by NATO's Nuclear Planning Group, which is NATO's senior body on nuclear matters and handles policy issues associated with its nuclear forces. NATO's website says its nuclear policy is under "constant review, and is modified and adapted in light of new developments." "We're going to stay with our efforts to support Ukraine for as long as it takes," Austin said alongside NATO Secretary-General Jens Stoltenberg. NATO told Moscow on Tuesday it would meet attacks on allies' critical infrastructure with a "united and determined response."
Russia typically holds major annual nuclear exercises around this time of year, and U.S. and Western officials expect them perhaps in just days. NATO Secretary-General Jens Stoltenberg assured a news conference in Brussels that the alliance would monitor Russia's annual nuclear drills very closely, as it has for decades. "We believe that Russian nuclear rhetoric and its decision to proceed with this exercise while at war with Ukraine is irresponsible," the official told Reuters. The Russian Defense Ministry did not immediately respond to an emailed request for comment. "While we will continue routine activities to sustain our (nuclear) deterrent, there will be no special messaging around our exercises," the U.S. defense official said.
Russia typically holds major annual nuclear exercises around this time of year, and U.S. and Western officials expect them perhaps in just days. NATO Secretary-General Jens Stoltenberg assured a news conference in Brussels that the alliance would monitor Russia's annual nuclear drills very closely, as it has for decades. "We believe that Russian nuclear rhetoric and its decision to proceed with this exercise while at war with Ukraine is irresponsible," the official told Reuters. The Russian Defense Ministry did not immediately respond to an emailed request for comment. "While we will continue routine activities to sustain our (nuclear) deterrent, there will be no special messaging around our exercises," the U.S. defense official said.
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