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You don't need to know exactly how you'll use your retirement savings — instead, focus on timing. I recently spoke with my financial planner, Liz Schieck, about investing and saving for retirement. I asked her what she's hearing from clients, particularly millennials and Gen Z clients, about best practices. Current trends around investing and retirementMany new clients at Schieck's firm first reach out because they want to discuss saving for retirement. Schieck believes that you don't always have to know what you're saving for.

Persons: Liz Schieck, —, Schieck, you've, they're, doesn't Organizations: Service

☆ Investors should be overweight equities versus fixed income, says JPMorgan's Gabriela Santos
▼ + stars: | 2024-10-10 | 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 EmailInvestors should be overweight equities versus fixed income, says JPMorgan's Gabriela SantosGabriela Santos, JPMorgan Asset Management chief market strategist for Americas, joins 'Squawk box' to discuss the latest market trends, state of the economy, the Fed's inflation fight, where investors can find opportunities right now, and more.

Persons: JPMorgan's Gabriela Santos Gabriela Santos Organizations: JPMorgan Asset Management

A credit score under these thresholds is also called a sub-prime credit score, which means that creditors might think twice when reviewing your application for a credit line. However, a combination of serious negative marks on your credit score may seriously hurt your credit score, putting you on the lower end of the score range. Minimal credit history: A minimal credit history means you haven't been using credit (like a credit card or loan) for much time. While one credit check on your credit report may dent your credit score by a few points, several of these in a short period of time will significantly hurt your credit score. While one credit check on your credit report may dent your credit score by a few points, several of these in a short period of time will significantly hurt your credit score.

Persons: VantageScore, aren't, you'll, Enoch Omololu, Erik Beguin, Kendall Meade, Jennifer, Read Organizations: New Canadians, Austin Capital Bank, Business, Yahoo, Finance, CBS, MSNBC, CNBC, Forbes, Black Enterprise, USA, The Johns Hopkins University Carey School of Business, Business Journalists Locations: annualcreditreport.com, America, TheGrio, New York City

☆ Girard: The Fed focuses on core CPI, excluding food and energy prices
▼ + stars: | 2024-10-10 | 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 EmailGirard: The Fed focuses on core CPI, excluding food and energy pricesMichelle Girard, Head of NatWest Markets, highlights the importance of core CPI for the Federal Reserve in assessing inflation trends.

Persons: Michelle Girard , Organizations: Girard, Michelle Girard , Head, NatWest Markets, Federal Reserve

The creators alleged that Smith, 43, intentionally inflicted emotional distress while she held a position of “care and control” over them in the production of content for Rockelle’s YouTube channel. The complaint identified him as the director and editor of Rockelle’s YouTube channel. Many have publicly called on the industry to put regulations in place to help protect child content creators. Gavin Newsom — joined by singer Demi Lovato, a former child star — signed two bills to protect the earnings of child influencers and content creators. A handful of other states, including Illinois, which was the first, have also introduced legislation in hopes of protecting child content creators.

Persons: Tiffany Smith, Piper Rockelle’s, Smith, Matt Sarelson, didn’t, Rockelle, Smith countersued, Hunter Hill, Hill, ” Smith, ”, influencers, —, Gavin Newsom —, Demi Lovato, Angela Sharbino Organizations: YouTube, Los Angeles Times, Dhillon, ., Piper, Labor Locations: California, Illinois

☆ OpenAI says bad actors are using its platform to disrupt elections, but with little 'viral engagement'
▼ + stars: | 2024-10-09 | by ( Hayden Field | ) www.cnbc.com time to read: +3 min

OpenAI is increasingly becoming a platform of choice for cyber actors looking to influence democratic elections across the globe. The threats ranged from AI-generated website articles to social media posts by fake accounts. The social media content related mostly to elections in the U.S. and Rwanda, and to a lesser extent, elections in India and the EU, OpenAI said. And in May, an Israeli company used ChatGPT to generate social media comments about elections in India. The company said that while most social media posts it identified received few likes or shares, some real people did reply to the AI-generated posts.

Persons: OpenAI, it's Organizations: U.S, EU, China Locations: U.S, Rwanda, India, France, Germany, Italy, Poland

☆ JPMorgan recommends stocks to buy if economic recovery continues into the holidays
▼ + stars: | 2024-10-09 | by ( Sean Conlon | ) www.cnbc.com time to read: +3 min

Last month, the Federal Reserve slashed interest rates by a half point – the first time the central bank cut rates since 2020. Since the Sept. 18 meeting, the market has moved even higher, with all three major averages gaining between 1% and 3%. The bank noted that several of the companies in the screen have lagged the cyclical recovery, making the stocks likely to benefit from the market's ongoing rotation. JPMorgan rates Alaska Air overweight. Wall Street is rather bullish on the name, as 10 of the 14 analysts covering the stock have a buy or strong buy rating.

Persons: Dubravko, Bujas, E.l.f, Tarang Amin, CNBC's, Brian Niccol, Elliott Hill Organizations: JPMorgan, Federal Reserve, Federal, Fed, Alaska Air, Hawaiian Airlines, U.S . Department, Starbucks, Nike

But right now, borrowers should expect mortgage rates to remain near their current levels for the rest of 2024. See more mortgage rates on Zillow Real Estate on ZillowWhat Are Today's Mortgage Refinance Rates? See more mortgage rates on Zillow Real Estate on ZillowMortgage CalculatorUse our free mortgage calculator to see how today's mortgage rates will affect your monthly and long-term payments. Current 30-Year Mortgage RatesAverage 30-year mortgage rates are hovering around 6.20%, according to Zillow data. But now that inflation has decelerated and the Fed is expected to cut rates soon, mortgage rates have trended down.

Persons: Freddie Mac, it's, Fannie Mae Organizations: Federal Reserve, Zillow, Fed, Mortgage, Association, ARM, . Government Locations: Chevron, Government

☆ It will be hard for the Fed to bring core inflation down, says BMO's Carol Schleif
▼ + stars: | 2024-10-09 | 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 EmailIt will be hard for the Fed to bring core inflation down, says BMO's Carol SchleifCarol Schleif, BMO Family Office CIO, joins 'Squawk Box' to discuss the latest market trends, state of the economy, whether a soft landing can be achieved, the Fed's inflation fight, and more.

Persons: Carol Schleif Carol Schleif Organizations: Fed, BMO Family

☆ Chinese market volatility is here to stay, strategist says
▼ + stars: | 2024-10-09 | 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 EmailChinese market volatility is here to stay, strategist saysTim Edwards, global head of index investment strategy at S&P Dow Jones Indices, discusses volatility in China and valuation trends.

Persons: Tim Edwards, Dow Organizations: Dow Jones Locations: China

☆ CNBC Daily Open: Stocks’ choppiness in October can be an opportunity
▼ + stars: | 2024-10-09 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +2 min

Hasan Akbas | Anadolu | Getty ImagesThis report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. October, then, is truly living up to its reputation as the most volatile month for stocks. But investors should keep in mind the uncomfortable swings in markets aren't always a good signal for the underlying health of stocks. In fact, when stocks dip because of mild repricing or a correction, that's a good opportunity for investors to swoop in, according to Johnson.

Persons: SPX, Hasan Akbas, Robert Sluymer, Piper Sandler, Craig Johnson, Johnson, – CNBC's Hakyung Kim, Samantha Subin, Alex Harring Organizations: Anadolu, Getty, CNBC, Nasdaq, Nvidia, Palo Alto Networks, Meta, Dow Jones, RBC Wealth Management Locations: Alaska, United States, U.S, aren't

☆ Gold lacks momentum as investors brace for Fed minutes
▼ + stars: | 2024-10-09 | by ( ) www.cnbc.com time to read: +2 min

Gold prices slipped on Thursday as investors booked profits after a sustained rally and pressure from institutional investors looking to raise cash, while focus shifted to U.S. economic data for clues on the Federal Reserve's rate path. Gold prices were subdued on Wednesday as investors strapped in for minutes from the Federal Reserve's latest policy meeting for insights into the U.S. central bank's interest rate trajectory. "Gold prices seem to be seeing a much-needed retracement lower. Boston Fed President Susan Collins said on Tuesday that weakening inflation trends make it likely the U.S. central bank can implement further interest rate cuts. Zero-yield bullion tends to thrive in a low interest rate environment.

Persons: I'm, Matt Simpson, Simpson, Susan Collins Organizations: Federal, Index, Traders, U.S . Consumer, Boston, Gold Locations: U.S, North America

☆ Here's what's on Gen Z's 'micro-spending' wish list
▼ + stars: | 2024-10-09 | by ( Jordan Hart | ) www.businessinsider.com time to read: +5 min

Gen Z is choosing "micro-spending" over traditional financial milestones, analyst Riani Kenyon said. AdvertisementTwenty-somethings are ditching traditional financial milestones in favor of filling their wish lists with more instant forms of gratification. Gen Z is collecting trinketsSonny Angel dolls have become a hit with American Gen Zers. Related storiesThey're adhering to trendsHailey Bieber, a trendsetter for Gen Z, has many lining up to buy her beauty brand. RhodeAs the TikTok For You Page refreshes, so do the hot new items that Gen Zers must have.

Persons: Riani Kenyon, —, Ellyn Briggs, Meredith Whitney, Gen, Kenyon, Angel, Zers, Edmond So, Z, Sonny Angel, Sonny Angel unboxing, Hailey Bieber, Briggs, Gen Zers, Shawn Owens, Hailey Bieber's, It's, Owens, Stanley, Megan Willett, Owala, Todd Owyoung, Gen Z, That's Organizations: Service, Financial, American Express, China Morning, Getty, Dreams USA, Rhode, Wei, NBC Locations: TikTok, Hailey Bieber's Rhode

☆ AI startup Writer, currently fundraising at a $1.9 billion valuation, launches new model to compete with OpenAI
▼ + stars: | 2024-10-09 | by ( Hayden Field | ) www.cnbc.com time to read: +3 min

San Francisco-based AI startup Writer debuted a large artificial intelligence model Wednesday to compete with enterprise offerings from OpenAI, Anthropic and others. The company cuts costs using synthetic data, or data created by AI. Waseem Alshikh, Writer's co-founder and CTO, told CNBC that Writer has been working on its synthetic data pipeline for years. The generative AI market is poised to top $1 trillion in revenue within a decade. To date in 2024, investors have pumped $26.8 billion into 498 generative AI deals, according to PitchBook, and companies in the sector raised $25.9 billion in 2023, up more than 200% from 2022.

Persons: May Habib, That's, It's, Waseem, Writer's, Alshikh Organizations: Work Summit, Porsche, Raffles London, CNBC, Meta, Microsoft, Accenture, Uber, L'Oreal, Vanguard Locations: London, England, San Francisco, OpenAI, Anthropic

☆ Declassified army photos look like they’ve been pulled from a fashion magazine
▼ + stars: | 2024-10-09 | by ( Zoe Whitfield | ) edition.cnn.com time to read: +6 min

Matthieu Nicol, whose singular new monograph is called “Fashion Army,” isn’t especially engrossed in the military. Of the nearly 15,000 he found in the online archive, “Fashion Army” re-contextualizes an edit of 350, featuring images of non-models from various military branches posing in uniform. Courtesy Matthieu Nicol/SPBH/MACKThe catalog-style images were produced for reasons unknown. Courtesy Matthieu Nicol/SPBH/MACK"Fashion Army" explores how military style has influenced different subcultures for decades. Military research always has civilian applications.” Courtesy Matthieu Nicol/SPBH/MACKThe correlation between the images here and wider fashion trends is explicit, too.

Persons: Harris, Walz, Chappell Roan’s, Matthieu Nicol, ” isn’t, ”, Rencontres d’Arles, Army ”, SPBH, MACK, Nicol’s, Angelo Flaccavento, “, Nicol, they’ve, ” Nicol, Louis Vuitton, Pharrell Williams, Helmut Lang’s, Chalamet, ” Flaccavento, Williams, Nigo, Juergen Teller, Martin Margiela Organizations: CNN, DNC, Army, SPBH, Army’s Natick Soldier Systems Center, US Army’s Natick Soldier Systems Center, US Army, Vuitton, Wonka, Billionaire Boys Club, C.P ., U.S . Army, “ Locations: Boston, Vietnam, —, Marfa, Las Vegas, Stone

☆ Beware if you hold these stocks heading into earnings season, Piper Sandler says
▼ + stars: | 2024-10-09 | by ( Sean Conlon | ) www.cnbc.com time to read: +4 min

Earnings season is right around the corner, and there are some stocks investors should be wary of, according to Piper Sandler. The season unofficially kicks off this week, with JPMorgan's third-quarter results due Friday before the bell, and it ramps up from there. The remaining four have a strong buy or buy rating. The department store chain is set to report its quarterly results in November. By contrast, only two have a strong buy or buy rating.

Persons: Piper Sandler, they've, Paramount's, Skydance, Nordstrom, it's, Piper, – Organizations: Dow Jones, Federal Reserve, Paramount Global, Warner Bros, Paramount, GameStop, Southwest Airlines, Southwest Locations: U.S, GME

☆ Goldman Sachs' David Dubner on the rise of structured M&A
▼ + stars: | 2024-10-09 | 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 EmailGoldman Sachs' David Dubner on the rise of structured M&ADavid Dubner, Goldman Sachs global head of M&A structuring, joins 'Squawk Box' to discuss the latest market trends, the rise of structured M&A, and more.

Persons: Goldman Sachs, David Dubner

☆ Voters think America’s economy stinks. There’s nothing that will change that before the election
▼ + stars: | 2024-10-09 | by ( Elisabeth Buchwald | ) edition.cnn.com time to read: +3 min

In reality, the data — no matter how bad or good — probably won’t make an ounce of difference for most voters. Most voters likely don’t even follow the overall economic trends, let alone one month’s data, he said. Instead, their views on the economy are shaped by how far their dollars are stretching today compared to recent times. That’s a higher share compared to when voters were asked the same question in 2022. But the average American does not wait for news to come out to form an opinion on how the economy is functioning, she said.

Persons: Kamala Harris, Donald Trump, Harris, “, ”, Micah Roberts, Republican pollster, Roberts, That’s, don’t, Joanne Hsu Organizations: New, New York CNN, Harvard Center, American Political Studies, Republican, NBC News, CNN, University of Michigan, Consumers Locations: New York

☆ Buy New York Times stock on subscription success and AI licensing, Deutsche Bank says
▼ + stars: | 2024-10-09 | by ( Alex Harring | ) www.cnbc.com time to read: +2 min

The New York Times stands out in the media landscape because of its thriving subscription business as well as opportunities stemming from artificial intelligence applications, according to Deutsche Bank. Analysts led by Benjamin Soff initiated research coverage of the 173-year-old newspaper's stock with a buy rating and a $65 price target. "In our view The New York Times' news publishing is differentiated in today's media landscape," Soff wrote in a Wednesday note announcing the call. NYT YTD mountain NYT shares, year to date Moreover, Soff said the Times can see additional upside tied to AI licensing agreements, noting the company is building out its own internal AI capabilities. Times shares have added nearly 12% in 2024, building on last year's 50% advance.

Persons: Benjamin Soff, Soff Organizations: New York Times, Deutsche Bank ., Times

☆ 4 trends to watch this bank earnings season
▼ + stars: | 2024-10-09 | by ( Kaja Whitehouse | ) www.businessinsider.com time to read: +6 min

Expect lots of questions about how lower rates will affect business going forward. JPMorgan and Wells Fargo will kick off earnings on Friday, followed by Goldman Sachs, Citi, and Bank of America on Tuesday. Related storiesHere are the top four things to look for this bank earnings season. AdvertisementGoldman Sachs CEO David Solomon described a "more challenging macro environment, particularly in the month of August," and said the bank's trading business was "trending down close to 10%." In good news, the compensation expert Johnson Associates sees bonuses up this year across the board, an analysis that's reflected in part of Wall Street's earnings results so far this year.

Persons: Wells Fargo, —, Daniel Pinto, Wells, Goldman Sachs, Morgan Stanley, What's, David Solomon, Solomon, Pinto, Banks, Johnson Organizations: JPMorgan, Service, JPMorgan Chase, Federal Reserve, Citi, Bank of America, Investment, LSEG, Renaissance, Barclays Financial Services Conference, Lending, Fed, Wall, Barclays

☆ Consumers hate paying for return shipping — it tops jury duty and the DMV in annoyance factor, report finds
▼ + stars: | 2024-10-09 | by ( Jessica Dickler | ) www.cnbc.com time to read: +1 min

As much as consumers love shopping online, most hate to shell out for shipping charges. Paying for return shipping is even worse. These days, 77% of shoppers check the return policy before making a purchase, according to a September survey of 1,500 adults by GoDaddy. Nearly a third, 30%, of consumers said paying for return shipping was more annoying than jury duty and going to the Department of Motor Vehicles. When it comes to winning over customers, return fees matter, other reports also show.

Persons: Optoro, Amena Ali, Amy Jennette Organizations: Parcel Service, GoDaddy, Department of Motor Vehicles, Finance, Miami Locations: New York

☆ Here are Wednesday's biggest analyst calls: Nvidia, Apple, Netflix, FedEx, Reddit, Broadcom, Chewy & more
▼ + stars: | 2024-10-09 | by ( Michael Bloom | ) www.cnbc.com time to read: +7 min

Here are Wednesday's biggest calls on Wall Street: Citi initiates FedEx and UPS as buy Citi said in its initiation note that FedEx and UPS are well positioned. "Netflix remains a compelling growth story with significant room for revenue, earnings, and FCF growth over the next several years." Wells Fargo upgrades Valero to overweight from equal weight Wells said the company is one of the "best independent refiners." Mizuho reiterates Nvidia and Broadcom as outperform Mizuho said it's sticking with its outperform ratings on Nvidia and Broadcom. Wells Fargo reiterates Roblox as overweight Wells Fargo raised its price target on Roblox ahead of earnings in late October to $54 per share from $46.

Persons: underperform Jefferies, Guggenheim, TD Cowen, Cowen, Morgan Stanley, it's bullish, Piper Sandler downgrades Blackstone, Piper, Piper Sandler, Wells, Jefferies, Wolfe, VALE, Chewy, it's, Mizuho, Wells Fargo, Evercore Organizations: Citi, FedEx, UPS, Jefferies, Southwest, Deutsche Bank, Netflix, Deutsche, Inc, MetLife, Barclays, Apple, Apple Intelligence, New York Times, Industry, Nvidia, Broadcom, Mizuho, Lowe's Locations: Valero, underperform, Underperform

☆ Mid-cap stocks are a better hedge in the near term than small caps, says BofA's Jill Carey Hall
▼ + stars: | 2024-10-09 | 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 EmailMid-cap stocks are a better hedge in the near term than small caps, says BofA's Jill Carey HallJill Carey Hall, Bank of America Global Research head of U.S. small and mid-cap strategy and senior U.S. equity strategist, joins 'Squawk Box' to discuss the latest market trends, why she likes mid-cap stocks in the near term, the Fed's inflation fight, interest rate outlook, and more.

Persons: Jill Carey Organizations: Jill Carey Hall , Bank of America Global Research

☆ Amazon's jump-start to the holiday shopping season has even roped in Costco this year
▼ + stars: | 2024-10-08 | by ( Dominick Reuter | ) www.businessinsider.com time to read: +2 min

The holiday shopping season continues to start earlier in the year, thanks largely to Amazon. Amazon's 48-hour deals event is underway, along with competing sales by the major retailers. The holiday shopping season is underway earlier than ever, thanks largely to Amazon moving up its Prime Day deals event. Target kicked off the sequence early on Sunday with its Circle Week, while Walmart's Deals event gets underway online on Tuesday and in stores on Wednesday. What better way for retailers to tap into those trends than to invent a holiday that celebrates deals and kicks off a whole season of festivities?

Persons: — Organizations: Target, Costco, Service

☆ Aristocrat Gaming CEO: Competition is good for the industry
▼ + 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 EmailAristocrat Gaming CEO: Competition is good for the industryAristocrat Gaming CEO Hector Fernandez talks about the latest trends in the industry.

Persons: Hector Fernandez

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