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☆ Former Goldman Sachs partner Abby Joseph Cohen on the markets, state of economy and 2024 election
▼ + stars: | 2024-10-07 | 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 EmailFormer Goldman Sachs partner Abby Joseph Cohen on the markets, state of economy and 2024 electionAbby Joseph Cohen, Columbia Business School professor of business and former Goldman Sachs partner and chief U.S. strategist, joins 'Squawk Box' to discuss the latest market trends, state of the economy, impact of the 2024 election, and more.

Persons: Goldman Sachs, Abby Joseph Cohen Organizations: Columbia Business School

☆ Watch CNBC's full interview with former Goldman Sachs partner Abby Joseph Cohen
▼ + stars: | 2024-10-07 | 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 EmailWatch CNBC's full interview with former Goldman Sachs partner Abby Joseph CohenAbby Joseph Cohen, Columbia Business School professor of business and former Goldman Sachs partner and chief U.S. strategist, joins 'Squawk Box' to discuss the latest market trends, state of the economy, impact of the 2024 election, and more.

Persons: Goldman Sachs, Abby Joseph Cohen Abby Joseph Cohen Organizations: Columbia Business School

☆ Goldman Sachs is getting more bullish about stocks, raises S&P 500 forecast to 6,000
▼ + stars: | 2024-10-07 | by ( Fred Imbert | ) www.cnbc.com time to read: +2 min

The bank raised its 2024 S & P 500 target to 6,000 from 5,600. Goldman also raised its 12-month S & P 500 target to 6,300 from 6,000. But Goldman thinks ultimately earnings growth will lift markets further before the year is out. The S & P 500 is in the red for October so far. Analysts polled by FactSet expect S & P 500 earnings grew for a fifth straight quarter.

Persons: Goldman Sachs, That's, Goldman, David Kostin, Kostin, Wells, Ken Gawrelski Organizations: Evercore ISI, CNBC, Federal Reserve, FactSet, North America Retail Locations: Friday's

☆ 29 times royals recycled their favorite outfits
▼ + stars: | 2024-10-07 | by ( Samantha Grindell | Celia Fernandez | ) www.businessinsider.com time to read: +1 min

Many royals recycle their favorite outfits instead of wearing new clothes. Kate Middleton and Meghan Markle have both been known to repeat outfits. Go to newsletter preferences Thanks for signing up! It's also become common for royals to recycle some looks they wear to public engagements. Take a look at 29 of the best outfits royals have recycled over the years.

Persons: Kate Middleton, Meghan Markle, Princess Diana, —, It's Organizations: Service

“There’s no endgame — it’s starting to feel like a forever war,” said Frank Lowenstein, special envoy for Israeli-Palestinian negotiations under President Barack Obama. Storm-battered Florida declares another emergency as Hurricane Milton approachesTropical Storm Milton rapidly intensified into a Category 1 hurricane Sunday with its path aimed at Florida, less than two weeks after Hurricane Helene made landfall in the state. Ron DeSantis said in a briefing that Milton is expected to make landfall in Hillsborough or Pinellas county Wednesday evening. Since 1850, only two storms that originated in the Gulf’s Bay of Campeche have struck Florida. Politics in briefPresidential promotions: With just weeks before the election, Trump has taken to promoting items and businesses that aren’t connected to his campaign, from a new cryptocurrency platform to NFT trading cards.

Persons: Israel’s, “, ”, Frank Lowenstein, Barack Obama, it’s, Yoram Schweitzer, Tropical Storm Milton, Helene, Ron DeSantis, Milton, Trump, Donald Trump, Corey Comperatore, Elon Musk, MAGA, Adam Schiff, Joe Biden’s, ” Schiff, Kristen Welker, Harris, Notre, Amy Coney Barrett, Melania Trump, Lejeune Leo Case, Jessie Hoerman Leo Case, Lejeune, ‘, Justine Goode, Instagram, Sam Darnold, Kirby Lee Organizations: Milton, Tropical Storm, Gov, Trump, Service, NBC News, Press, Capitol, Notre Dame, Catholic, Supreme, Sunday, Fox News, Lejeune, Pacific, Marine Corps, NBC, Football, Minnesota Vikings, New York Jets, Tottenham Hotspur Locations: Israel, Gaza, Lebanon, Iran, Florida, Tropical, Hillsborough, Pinellas, Gulf’s, Campeche, Gulf of Mexico, Butler , Pennsylvania, “, Iwo Jima, North Carolina

Create your free profile or log in to save this articleCreate your free profile or log in to save this articleMadonna's brother Christopher Ciccone, an artist and interior designer, died Friday at 63 after a battle with late-stage cancer. Discovering Dance in our small Midwestern town saved me and then my brother came along, and it saved him too." Madonna poses with her brother Christopher Ciccone, left, and director Alek Keskishian following the premiere showing of her film "Truth or Dare" in Los Angeles in 1991. Madonna wrote, adding that she admired him for his "impeccable taste" and "sharp tongue." In 2008, Ciccone published a memoir, "Life With My Sister Madonna," that caused a rift between the siblings amid an already deteriorating relationship.

Persons: Christopher Ciccone, Ciccone, Madonna, Alek Keskishian, Julie Markes, I’m, he’s Organizations: Roman Catholic Church, The Police Locations: New York City, Los Angeles, New York, Miami, Manhattan

Internet personality Jack Doherty crashed his $200,000 McLaren during a livestream this weekend after appearing to look at his phone while driving in the rain. A YouTuber with nearly 15 million subscribers, Doherty, 20, is known online for his controversial prank videos and wealth flaunting. Doherty also shared clips of the aftermath, including a video of him screaming for help inside the vehicle immediately after the crash. Doherty also shared a clip of the two sitting in a hospital room, where his cameraman was getting stitches on his head. While driving his brand-new convertible for the first time, Doherty joked in the video that he’s going to “crash this car, mark my words.”

Persons: Jack Doherty, Doherty, “, “ Michael, Michael, ”, McLaren, ” Doherty Organizations: McLaren, ”, YouTube, Lamborghini

“When you’re a regular person and you’re going on to your email job during the day and then every time you take a dopamine break on your phone, you’re getting hit by ‘You’re not fashionable enough. Everyone is overconsuming to keep upWhen shopping for clothes, Martinson is almost exclusively a thrifter. “They’re grasping at straws, just throwing something at the wall to see what sticks.”The new mall is TikTok ShopFast fashion was the first harbinger of the death of personal style, Thomas said. If you’re going to buy a clothing item, think of three outfits you can wear it with. Pre-Industrial Revolution habits of secondhand shopping, mending old clothes and keeping things around are coming back.

Persons: Fiza Faheem, ”, Faheem, microtrends, XCX’s, They’ve, Instagram, Dejeuné Harris, you’re, ‘ You’re, it’s, Alana Martinson, Dana Thomas, “, Luke Meagher, Tamika Smith, Harris, I’m, “ I’m, TikTok, ” Harris, Thomas, ” Thomas, “ We’d, Zara …, ” Martinson, Hope, ” Meagher, they’ve Organizations: University of York, Washington , D.C, YouTube Locations: Washington ,, Zara, ”, U.S, TikTok

☆ Here's how to invest in the Q3 earnings season as profits re-accelerate despite misplaced recession myths
▼ + stars: | 2024-10-06 | by ( James Faris | ) www.businessinsider.com time to read: +9 min

AdvertisementCorporate earnings are on pace for their best non-pandemic year since 2018, and market strategists expect the party to continue in the upcoming earnings season and into 2025. "There's not always a one-for-one relationship between economic growth and earnings growth," Reynolds said. "You can still see earnings growth at a pretty robust level, even if economic growth moderates to some extent. "That could be a little bit of a headwind for the market," Saglimbene said. That's a normal earnings growth kind of environment, and I think that's enough to continue to push the market higher."

Persons: —, Mike Reynolds, Anthony Saglimbene, He's, Saglimbene, Joe Quinlan — who's, Bank of America —, Quinlan, Reynolds, it's, Andrew Slimmon, Jim Baird, Plante, Michael Smith, Smith, There's, Slimmon, he's Organizations: Service, Business, Ameriprise, Merrill, Private Bank, Bank of America, Morgan Stanley Investment Management, Financial, Allspring Global Investments, Bears Locations: what's

Since the Fed will likely be able to take a slower approach to lowering rates, mortgage rates are unlikely to go down further this year. Current 30-Year Mortgage RatesAverage 30-year mortgage rates are around 6%, according to Zillow data. In September, 30-year refinance rates averaged 5.89%, while 15-year refinance rates were around 5.19%. Mortgage rates are determined by a variety of different factors, including larger economic trends, Federal Reserve policy, your state's current mortgage rates, the type of loan you're getting, and your personal financial profile. Now that the Fed has cut rates, mortgage rates may not drop much in October.

Persons: they're, you'll, Freddie Mac, it's, they've Organizations: Bureau of Labor Statistics, Federal, Zillow, Fed Locations: U.S, Chevron

☆ How to apply for a job with an employer that has rejected you in the past
▼ + stars: | 2024-10-06 | by ( Sarah Jackson | ) www.businessinsider.com time to read: +4 min

The idiom goes, "If at first you don't succeed, try, try again." We asked experts for their advice on applying to jobs at an organization that has rejected you before. Davis notes it's "generally not recommended to apply to the same employer more than twice for the same position if you've been rejected or received no response, especially if your qualifications have not changed." Sharghi advises waiting at least 3 to 6 months after being rejected to reapply unless the company explicitly invites you to apply for other roles. For this specific position, I'm particularly interested because [mention specific aspects of the job that appeal to you]."

Persons: —, Gabby Davis, Davis, it's, you've, Cynthia Pong, Farah Sharghi, Sharghi, I've, I'm, Pong Organizations: Service

☆ Top Wall Street analysts favor these stocks for attractive long-term potential
▼ + stars: | 2024-10-06 | by ( Tipranks.Com Staff | ) www.cnbc.com time to read: +6 min

Nonetheless, investors could benefit by ignoring short-term noise and tracking the recommendations of top Wall Street analysts to pick stocks with attractive long-term growth potential. (See CYBR Hedge Fund Activity on TipRanks)Uber TechnologiesWe move to the ride-sharing and food delivery platform Uber Technologies (UBER). After hosting meetings with the company's management, JPMorgan analyst Doug Anmuth reaffirmed a buy rating on UBER stock with a price target of $95. Uber expects its grocery ad business to account for 5% of gross bookings over time. (See UBER Stock Buybacks on TipRanks)Meta PlatformsThis week's third stock pick is social media company Meta Platforms (META).

Persons: Matthew Hedberg, Hedberg, TipRanks, Doug Anmuth, Anmuth, Uber, Baird, Colin Sebastian, Sebastian, Claude, OpenAI's ChatGPT Organizations: Wall, RBC Capital, TAM, JPMorgan, Mobility, Meta, Meta Connect, Reality Labs

☆ The 3 biggest themes investors are watching for as earnings season kicks off
▼ + stars: | 2024-10-06 | by ( Matthew Fox | ) www.businessinsider.com time to read: +6 min

Investors expect S&P 500 earnings growth of 4.6% as the stock market trades near record highs. Key themes to watch for include AI adoption, consumer health, and the impact of lower interest rates. AdvertisementEarnings season is fast approaching, and investors have a lot to be on the lookout for as companies report third-quarter results. AdvertisementIn addition to the actual earnings figures, investors will be monitoring key themes as company executives offer guidance during earnings calls. Hainlin said he is encouraged by continued growth in consumer spending as credit card defaults "are within normal levels" and the holiday shopping season is right around the corner.

Persons: Wells, —, Michael Dickson, Tom Hainlin, they're, John Belton, There's, Dickson, delinquencies, Hainlin Organizations: PepsiCo, JPMorgan, Service, Wells, Investments, Business, Wall Street, Bank Wealth Management, Aerospace, Defense, Consumer, Federal Reserve Locations: Wells Fargo, FactSet

☆ Harris’ border visit and economy speech capture attention as warning signs emerge for campaign
▼ + stars: | 2024-10-06 | by ( Jennifer Agiesta | ) edition.cnn.com time to read: +6 min

But some emerging trends in the data hint at warning signs for the vice president’s campaign. Looking at what people say they have heard, read or seen about Harris, “lie” has emerged as a persistent top word that some Americans associate with her. “Kamala says nothing,” wrote one respondent included in the latest survey. About 8% in the latest data use the word “lie” or “liar” in relation to Trump. “It has been relatively quiet this week,” one respondent to the latest survey wrote when asked about Trump.

Persons: CNN — Kamala Harris ’, Harris, Donald Trump, they’ve, Trump, ”, “ Kamala, “, Volodymyr Zelensky, they’d, Joe Biden, Hillary Clinton, ” CNN’s Ariel Edwards, Levy Organizations: CNN, ABC, Democratic, Georgetown University, University of Michigan, Trump, Republican National Convention, Republicans Locations: Arizona, Pittsburgh, Ukraine

☆ 5 backyard trends that are in right now and 3 that are out, according to gardeners and designers
▼ + stars: | 2024-10-06 | by ( Alyssa Towns Swantkoski | ) www.businessinsider.com time to read: +1 min

Business Insider asked gardeners and designers about this season's backyard trends. Go to newsletter preferences Thanks for signing up! download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . You can opt-out at any time by visiting our Preferences page or by clicking "unsubscribe" at the bottom of the email. Business Insider spoke with gardeners and interior designers about what's in and out for fall when it comes to patios, decks, lawns, and gardens.

Persons: — Organizations: Service

☆ In California, heat and dry conditions make arson a more potent threat
▼ + stars: | 2024-10-05 | by ( Evan Bush | Evan Bush Is A Science Reporter For Nbc News. | ) www.nbcnews.com time to read: +7 min

But as climate change leads temperatures to rise, fire seasons to grow longer and drought conditions to become more intense, intentionally set fires have more opportunity to take off and grow. Given that, he said, “an arrest can have a big payoff.”Prestemon has studied wildfire arson events in Florida, Spain and other locations. Wildfire arson isn’t well studied, but researchers in the U.S., Europe and Australia have narrowed down the profile of typical perpetrators. Cal Fire has counted between 182 and 386 arson fires each year since 2014, with rates roughly consistent relative to the number of overall fires. Investigators were able to link McGlover’s plausible movements that day to several fires, Fox said.

Persons: Muschetto, ”, ” Muschetto, Jeffrey Prestemon, “ They’re, ” Prestemon, “, Prestemon, they’re, Janet Stanley, can’t, Daniel Fox, ” Fox, That’s, it’s, Fox, Brandon McGlover, McGlover, Bezos, ” Andrea Blaylock sifts, Nic Coury, Mike Ramsey, Stout Organizations: Cal Fire, Climate, National Weather Service, U.S, U.S . Forest Service’s, Research, University of Melbourne, “, Fox, Rockefeller, AP Stout Locations: California, Los Angeles, U.S ., North Carolina, Florida, Spain, U.S, Europe, Australia, ”, Riverside County, Idyllwild , California, Forest, Calif, Butte County

☆ 4 market experts share 10 places to invest your money after September's jobs data blew expectations out of the water
▼ + stars: | 2024-10-05 | by ( Christine Ji | ) www.businessinsider.com time to read: +7 min

Below, four market experts share how investors should allocate their money going forward. The US job market blew past economists' predictions, with total nonfarm payrolls increasing by 254,000 last month — over 100,000 more jobs than expected. Chris Zaccarelli, chief investment officer, Independent Advisor AllianceThe job market is showing signs of strengthening with the September data. With that being said, the current environment presents many opportunities to invest in equities, according to Zaccarelli. "Recession fears are elevated, and we think those are underpriced, underappreciated parts of the market," Zaccarelli said.

Persons: —, we've, Liz Ann Sonders, Charles Schwab, Sonders, there'll, it's, Jeffrey Roach, Roach, Lisa Shalett, Morgan, Shalett, Chris Zaccarelli, Zaccarelli Organizations: Service, Federal Reserve, Investors, Fed, Morgan Stanley Wealth Management, Independent

☆ Insider Today: Getting rich off Airbnb
▼ + stars: | 2024-10-05 | by ( Joi-Marie Mckenzie | ) www.businessinsider.com time to read: +6 min

You can sign up for Business Insider's daily newsletter here. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementTo successfully "swipe right" in the office, there are some rules you should follow, according to two human resource professionals who spoke to Business Insider's Jordan Hart. Airbnb arbitrageGetty Images; Jenny Chang-RodriguezGen Z has a new side hustle: Airbnb superhosting. The Insider Today team: Dan DeFrancesco, deputy editor and anchor, in New York City.

Persons: —, Chris Haston, y'know, Insider's Jordan Hart, Cheryl Swirnow, Christopher Sheekey, Jenny Chang, Rodriguez Gen Z, somethings, Dave Ramsey, they're, Critics —, Van Cleef, Tyler Le, Monica Humphries, Alyssa Powell, seltzer, What's, Natalie Ammari, Stephen King, Max, Mike Flanagan, Kate Siegel, Rebecca Zisser, Boots, booties, Dan DeFrancesco, Jordan Parker Erb, Lisa Ryan, Amanda Yen, Grace Lett Organizations: Business, Service, Bank, Netflix, Deal Locations: Zegna, Basel, Switzerland, France, Germany, Washington, New York City, New York, Chicago

☆ Invasion of the dogs: How surging canine ownership is reshaping cities and businesses
▼ + stars: | 2024-10-05 | by ( Juliana Kaplan | Eliza Relman | ) www.businessinsider.com time to read: +14 min

The Dog Bar — a sprawling dog venue in Saint Petersburg, Florida —has had at least six (human) proposals, and one wedding. AdvertisementVirtually all US pet owners now say their furry companions are part of their family — up from 86% of dog owners and 78% of cat owners in 2006. "The dog today is not the dog of 10 years ago," Bobby Boivin, the co-owner of Boo's Dog Bar in Sarasota, Florida, said. And so we do that once or twice a year at Dog Bar." After adopting two puppies, he fell in love with a dog bar in his neighborhood.

Persons: —, Saint Petersburg , Florida —, It's, Kendal Kulp, Bobby Boivin, Stephanie Marble, Marble, Kyle Cissel, aren't, Cissel, Tara Downs, she's, Fred Metzler, Metzler, Luke Silverman, Stephanie Chez, Silverman, Kevin Knutson, Knutson, Kulp, they'd, That's, that's Organizations: Service, National Association of Realtors, Wall Street, American Pet Products Association, IKEA Locations: Saint Petersburg , Florida, Asheville , North Carolina, Sarasota , Florida, Florida, Santa, Washington, DC, Colorado, St . Petersburg , Florida, Sephora, Minnesota, Wagbar

☆ Hallways are disappearing from America's homes
▼ + stars: | 2024-10-05 | by ( Alcynna Lloyd | ) www.businessinsider.com time to read: +7 min

AdvertisementAs homeowners and builders make tough design choices, hallways are disappearing from many newly built homes. Highland Homes' Palermo floor plan. Courtesy of Highland HomesBy contrast, a Highland Homes floor plan from 2018 for a one-story home has more hallways. Why long hallways are becoming passéThere are several reasons hallways are being phased out of newly built homes, apart from saving money for builders. Courtesy of Highland HomesPictured above is Highland Homes' 608 floor plan, a two-story home of about 4,500 square feet released in 2020.

Persons: John Burns, Mikaela Arroyo, Arroyo, It's, Taylor Morrison, Jen Shurtleff, Shurtleff, — Organizations: National Association of Home Builders, John Burns Research, Consulting, Trends, JBREC, Tri Pointe Homes, Forbes, Highland Homes, Highland, Homes, Generations United Locations: Tri Pointe, Texas, Highland, Dallas, Fort Worth , Houston, Austin, San Antonio, Palermo

☆ Russia's defense industry has a massive labor shortage. Rules on what jobs women can do are part of the issue.
▼ + stars: | 2024-10-05 | by ( Mia Jankowicz | ) www.businessinsider.com time to read: +5 min

Russia's defense industry is short some tens of thousands of skilled laborers. Demographic trends and policies further strain Russia's labor force and defense industry. AdvertisementRussia does have one largely untapped source of labor for the defense industry: women. AdvertisementThe decline in Russia's labor force is forecast to continue until 2040, Massicot wrote. This would make bringing women into defense manufacturing a hard cultural and political pivot, Massicot said on X.

Persons: —, Vladimir Putin, Dara Massicot, Massicot, Putin, El País, Health Mikhail Murashko Organizations: Service, BBC, Carnegie Endowment, International, Workers, American Welding Society, Russian Academy of Science's Institute of Economics, Reuters, Russia's, Health Locations: Ukraine, Russia, BBC Russia, Eurasia, El

See more mortgage rates on Zillow Real Estate on ZillowMortgage CalculatorUse our free mortgage calculator to see how today's mortgage rates would impact your monthly payments. 30-Year Mortgage Rates TodayAverage 30-year mortgage rates are hovering near 6%, according to Zillow data. 15-Year Mortgage Rates TodayAverage 15-year mortgage rates are in the low 5% range, according to Zillow data. Average Refinance Mortgage Rates TodayRefinance rates are a bit higher today after dropping in September. Last month, 30-year refinance rates averaged 5.89%, while 15-year refinance rates were around 5.19%.

Persons: they've, you'll, Freddie Mac, it's, refinance Organizations: of Labor Statistics, Labor, Federal Reserve, Zillow, Fed Locations: U.S, Chevron

new video loaded: The War’s Toll on Sick Ukrainian ChildrenRecent episodes in Latest VideoWhether it’s reporting on conflicts abroad and political divisions at home, or covering the latest style trends and scientific developments, Times Video journalists provide a revealing and unforgettable view of the world. Whether it’s reporting on conflicts abroad and political divisions at home, or covering the latest style trends and scientific developments, Times Video journalists provide a revealing and unforgettable view of the world.

Organizations: Ukrainian, Times Video

The September jobs report came in stronger than expected, with 254,000 jobs added. AdvertisementThe latest jobs report might be just what Vice President Kamala Harris needs. The latest jobs report could change that — taking away some of former President Donald Trump's ammunition to hammer Harris on the economy. AdvertisementRecent days have included not only a stellar jobs report but also the end for now of the dockworkers' strike at East Coast ports. "With today's report, we've created 16 million jobs, unemployment remains low, and wages are growing faster than prices," the statement said.

Persons: Kamala Harris, Trump, Harris, Biden, —, Joe Biden, Donald Trump's, Matt Colyar, Colyar, Pew, leaners, they're, we've, Labor Julie Su, We've, we're Organizations: Service, Moody's, University of Michigan's, Consumers, Pew Research Center, Democratic, Republican, The New York Times, Siena College, Pew Research, Labor Locations: East Coast

Over the last few months, mortgage rates have dropped dramatically, going from near 7% to below 6%. 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. You can calculate this by dividing your closing costs by the amount you're saving on your monthly mortgage payment. 5-Year Mortgage Rate TrendsHere's how 30-year and 15-year mortgage rates have trended over the last five years, according to Freddie Mac data. Now that the Fed has started lowering its benchmark rate, mortgage rates are down.

Persons: they've, Freddie Mac Organizations: ADP, Federal Reserve, Zillow, ARM, Federal Housing Administration, Department of Veterans Affairs, Fed Locations: Chevron

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