One of the kind of more interesting recession indicators that is out there is called the lipstick effect. It was identified by Leonard Lauder who was the CEO of Estee Lauder at the time and he noticed that during economic downturns makeup sales went up. >> H >> so he called it it's got it's been dubbed the lipstick effect.>> It's just like you're bummed out. You got to find some like small way to feel better. >> Yes.Well, what happens is like people cut back and this is true for men and women. cut back on b ...

Banco Santander has had a big year. Give us a sense of how big a year it's been. It's been a great year.Our numbers will be totally on track to deliver all the numbers in our three year plan. And again in 25, we are going to reach our profitability 16 and a half percent. And for shareholders, you know, great value creation, increasing dividend per share, our share price is up 100%, but there's still a lot of inherent value in our stock.Our multiples are still very attractive compared to US banks. For exampl ...

Can we just look. Big picture. Where is this headache.How many different investigations could we potentially see when it comes to Epstein's alleged ties with members on both sides of the aisle. That's an excellent question. I think today's message from Trump is, you know, I'm going to scatter the pond with as many names and theories and rumors as I can to try to degrade the overwhelming evidence against me.You know, this is really just a distraction. You know, Trump, interestingly, in his post today, said, ...

What is happening. Are you bringing Bentley back to its driver car roots. >> Yeah, definitely.I think that describes it pretty well. Um, Bentley is and was always the driver's brand and uh I'm joking a little bit because our club of fans is called uh Bentley's drivers club to underline this and needs the right product for it and we feel it's it's really beneficial for our brand if you can drive it and the thrill of driving is a core of our brand and of our DNA and it was for many many years and we said yeah ...

Vladimir Putin if he has no intention of doing a deal then how do you see this ending >> at the moment. Uh so I I don't think in under current conditions that uh Putin well I mean I'm basing this on you know access as I had a few weeks ago to our understanding of the intelligence on it and that is that he's not ready to do a deal. So for me the answer to that is he needs to be put under more pressure. So he is prepared to do a deal. The president of Ukraine is clearly ready to do a deal.He's remarkably in t ...

The life expectancy does not put a strain on pension system. But what has changed is over the past 20 years there was a regime of very low interest rates you know for lots of reasons. One of them was the financial crisis.A lot of it was the way that we managed our economies was to make sure that capital investment was low. That distorted a lot of decisions. But one of those things that it distorted is that the safe assets like government bonds didn't pay as much.>> The US is hardly alone in facing the comin ...

On today's episode of Bloomberg Businessweek Daily, Scarlet Fu and Norah Mulinda discuss Fed anxieties hanging over equities with a December rate cut suddenly in doubt. Bloomberg's Emily Graffeo joins the show to break it down. Also on today's show, Bloomberg News Senior White House Correspondent Josh Wingrove provides updates on the administration's plans to unveil tariff exclusions as voter frustration continues over food costs, and Bloomberg US Banking Reporter Todd Gillespie discusses Howard Lutnick's s ...

The Bureau of Labor Statistics will release the September jobs report Thursday, after it was delayed due to the government shutdown. Investors are hoping the new data can shed light on the state of the US economy. Gene Sperling, former director of the National Economic Council, had to work through a government shutdown in 2013. He speaks on "Bloomberg The Close." -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg ...

Do you think perhaps today there's too much pressure on young athletes to also have a digital presence because they're sort of exposing themselves to a lot more scrutiny than they would have say back in the day. >> Yeah. I I think there's there's good reasons to want to have been a player in this generation because the finances are just huge now compared to when we were we were well paid, don't get me wrong, but it's another level of or two or three now, which is great.But coming with that is that pressure ...

Overview - Finland, with a population of 5 million and 3 million sauners, is innovating heating solutions [1] Energy & Technology - A heat pump center 50 meters under Helsinki repurposes excess heat from data centers [1] - The center increases the temperature of the excess heat and integrates it into community heating systems [1]