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Shares of Club holding Estee lauder (EL) climbed higher Friday after China relaxed Covid-19 restrictions for international travelers. Shares of Estee Lauder have been under pressure , as Beijing's draconian Covid-19 measures have severely squeezed China's economy for nearly 3 years. Bottom line Estee Lauder's stock jump today supported our investment thesis that the luxury beauty brand is the single best way to play China's reopening. We believe Estee Lauder's stock could react further to the upside as China continues to reopen its economy. An Estee Lauder pop-up store is seen inside daimaru Department Store on Nanjing Road Pedestrian street in Shanghai, China, August 6, 2021.
How often you should wash your hair
  + stars: | 2022-11-04 | by ( Kristen Rogers | ) edition.cnn.com   time to read: +5 min
But experts say there isn’t a one-size-fits-all answer to how often you should wash your hair — or what you can do to maintain it on off days. When to washRossi generally tells his patients they should wash their hair once or twice per week. But if you’ve had chemical treatments that can make your hair drier — such as bleach, perms or relaxers — you might want to wash it less than once weekly to avoid breaking or brittle hair or split ends, he said. But you should wash it at least every two to three weeks to keep your scalp and hair clean and healthy. If you’re experiencing perpetual issues with your scalp or hair — such as dandruff, hair loss or brittle hair — you should see a board-certified dermatologist who treats conditions in these areas, Rossi said.
Persons: , Anthony Rossi, ” Rossi, Rossi, you’ve Organizations: CNN, Memorial Sloan Kettering Cancer Center, American Academy of Dermatology Association, American Academy of Dermatology Locations: New York City
This tradition of loving one’s country, but not always liking what is done in its name, is not new. In this conversation, she offers seven tools grounded in psychological research that can help you learn — and unlearn — American history. The newly released book "A More Just Future: Psychological Tools for Reckoning With Our Past and Driving Social Change" is written by social psychologist Dolly Chugh. Dolly Chugh: The interview opened with him spontaneously singing “Hello, Dolly!” to me, so he definitely had me at hello! Dolly Chugh of the NYU Stern School of Business offers seven tools that can help you learn — and unlearn — American history.
A fake press release announcing Trump's return to Twitter began circulating online Thursday night. The fake statement also duped Russian state media and a left-leaning MSNBC show. The fake statement appeared shortly after Elon Musk sealed his $44 billion deal to buy Twitter. TASS, the Russian state-controlled news agency, reported the claim in the fake statement that Trump's blocked Twitter account would be unlocked Monday. Robby Starbuck, another right-wing commentator, said he'd been duped after a news site posted the fake statement.
Rudi_suardi | E+ | Getty ImagesThe Biden administration will soon issue a rule that may make it easier for workers to be considered "employees" instead of "independent contractors." Misclassification of workers as independent contractors — also known as freelancers or the self-employed — instead of employees is happening across many industries, like construction, health care, restaurants, retail and transportation, Labor Department officials said Tuesday. Employers may benefit financially by classifying their workforce as contractors instead of employees. These companies often classify gig workers as independent contractors. Federal action would especially be a boon to "low-wage, vulnerable workers," Labor Department officials said.
Stocks fell sharply as investors evaluated the report, which showed more jobs than expected were added to the US economy and indicated that more pain-inflicting interest rate hikes from the Federal Reserve lie ahead. White-collar office workers appear to be feeling the brunt of the Fed’s actions: The financial and business sector saw a large decline in employment last month. What’s happening: The US economy added 263,000 jobs in September, higher than analyst estimates of 250,000. Business support services — such as telemarketing, accounting and administrative and clerical jobs — are also bleeding jobs. Meanwhile, legal services lost 5,000 jobs, and advertising services also dropped 5,000 jobs.
The Financial Accounting Standards Board allowed companies to continue ignoring certain rules around modifying loan contracts and accounting for hedges of interest-rate risks as they move away from the London interbank offered rate. Libor and other benchmarks underpin trillions of dollars of financial contracts, including corporate loans, mortgages and interest-rate derivatives. PREVIEWThe FASB initially gave companies relief in March 2020, in an effort to help them work through the large volumes of financial contracts they needed to update or renegotiate as part of their preparations to abandon Libor. U.S. banks stopped issuing new financial contracts using Libor at the end of last year. Companies are considering which version of SOFR to switch to from Libor.
"There will be impacts, there’s correlations ... some market volatility, and then how it weighs in the global growth picture," said Paul Malloy, head of municipals at Vanguard. The wild swings in the pound have ricocheted across currency markets, where volatility was already climbing. According to the widely watched Deutsche Bank Currency Volatility Index , volatility across currencies on Wednesday hit its highest level since the March 2020 COVID-19- induced market meltdown, jumping more than 20% from levels last week. Closely followed indicators of financial stress remain contained. U.S. stock market volatility as measured by the "fear index," the VIX (.VIX), has also climbed in recent days but remains below its 2022 highs.
Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. The market has a chance to stabilize Putting money to work in the oversold market China loosens some Covid rules 1. Putting money to work in the oversold market Following Friday's sell-off, the S & P Oscillator showed the market to be at its most oversold level since mid-June. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.
Central banks in the 10 big developed economies have raised rates by a combined 1,965 basis points in this cycle to date, with Japan the holdout "dove", sticking on Thursday with its ultra-low rates policy. read moreThe Fed's new projections showed its policy rate rising to 4.4% by year-end, before peaking at 4.6% in 2023. read moreOn Sept. 7, the BoC hiked its policy rate to 3.25%, its highest level in 14 years. Canada was the first among the world's advanced economies in the current policy-tightening cycle to deliver a 100 bps rate. That implies at least one more 50 bps rate hike at upcoming meetings.
RAMALLAH, West Bank—Palestinian Authority security forces clashed with armed groups and gangs of young men who were hurling stones in the city of Nablus on Tuesday, as unrest intensified in the West Bank amid a series of Israeli military raids and arrests of militants. The early-morning gunbattles left at least one Palestinian dead and demonstrated how the Western-backed Palestinian Authority is losing control of northern parts of the West Bank, where officials say there is a growing but diffuse movement that is hostile to both the Israeli occupation and a Palestinian governing body seen by many of its subjects as corrupt and ineffective.
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