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Was John Singer Sargent also the first celebrity stylist?
  + stars: | 2024-03-01 | by ( Leah Dolan | ) edition.cnn.com   time to read: +8 min
London CNN —In the spring of 1888, New York socialite Eleanora Iselin welcomed the portrait artist John Singer Sargent into her home, feverish over the question of what she would wear. Despite curating a selection of her best frocks, Eleanor Iselin was captured in her casual day dress at the insistence of Sargent. Working during the rise of haute couture, both Sargent and his subjects were living through a new dawn of fashion. Rachel was styled in a scrap of pink fabric which Sargent manipulated on canvas to become a dress. “Their work was ready-to-wear, using off the (rack) elements of portraiture, whereas with Sargent it always was bespoke.
Persons: Eleanora Iselin, John Singer Sargent, Eager, Iselin, “ Sargent, Eleanor Iselin, Sargent, It’s, James Finch, , , Finch, Margaret Oliphant, Edith Wharton, Gretchen, Rachel Warren, Isabella Stewart Gardner, Rachel, Tate Britain “ He’s, ” Finch, “ He’s, ” Sargent, Sybil Sassoon, couturier Charles Fredrick Worth, Worth, Sassoon, ’ Reframing, Lily, Lily Rose ”, Sybil Sassoon’s, , they’ve, Ellen Terry, Lady Macbeth, Jai Monaghan, Tate Britain ‘, Sargent’s Organizations: London CNN —, Fashion, Tate, of Art, Tate Britain, CNN, Boston’s Museum of Fine Arts, Fenway Court, Isabella Stewart Gardner Museum, of Fine Arts, Boston Museum of Fine Arts Locations: New York, Tate Britain, of Art , Washington, London, Scottish, Boston, Worth, Paris
From left: the authors Diana Gabaldon, R. L. Stine, Celeste Ng, John Grisham and Margaret Atwood, all of whom contributed to "Fourteen Days." Though some readers will draw connections between the latter work and “Fourteen Days,” Preston notes there are many differences. Perhaps most notably, “Fourteen Days” follows those left behind amid a pandemic — people without “the financial wherewithal to escape,” he told CNN. In "Fourteen Days," residents of New York apartment building begin gathering on the rooftop during Covid-19 lockdowns. Read: “The Interestings” (2014)The tenth novel from author Meg Wolitzer — who also contributed to “Fourteen Days” — follows a group of close-knit friends that meet at an arts summer camp in the 1970s from adolescence through to middle age.
Persons: , Margaret Atwood, , John Grisham, Celeste Ng, Diana Gabaldon, Stine, Atwood, Douglas Preston, Yessie, Preston, Emma Donoghue, , , ” Giovanni Boccaccio’s, ” Preston, Donoghue, Tess Gerritsen, Gerritsen, Harper Collins, Ah Poh, ” Donoghue, Pier Pasolini, Steven Soderbergh’s, Gwyneth Paltrow, Matt Damon, Jude Law, Marion Cotillard, Kate Winslet, Martin Short, Steve Martin, Selena Gomez, Craig Blankenhorn, Meg Wolitzer — Organizations: CNN, British, Guardian, Agence France, Presse, Hulu Watch Locations: New York, , Chaucer’s “, Covid, York City
Electronic Arts — The stock declined 3.3% after its fiscal third-quarter revenue came in below estimates. Google ad revenue came in at $65.52 billion, short of analysts' expectations for $65.94 billion, per StreetAccount. Starbucks' fiscal first-quarter adjusted earnings came in at 90 cents per share on revenue of $9.43 billion. This fell short of analysts' expectations for 93 cents in earnings per share and revenue of $9.59 billion, per LSEG. Revenue came in at $194 million, reflecting a 53% increase from a year earlier.
Persons: Elon Musk's, Richard Tornetta, Laxman Narasimhan, Stryker, Skyworks, Liam Griffin, Robert Half, FactSet, Teradyne, Darla Mercado, Scott Schnipper Organizations: Microsoft, LSEG, Electronic Arts, EA, Google, Starbucks, AMD, Powell Industries Locations: Delaware, Asia, North America, LSEG
"There was a lot of excitement and hope at the return of Bob Iger a year ago," a current Disney staffer told Insider. Uncertainty about the company's future and about who's deciding what on the creative side has left execs in a state of inertia, according to an entertainment lawyer with knowledge of Disney's business. The declining linear TV business culminated in a standoff with Charter Communications over terms for a new contract for carrying Disney's cable channels. And Disney's streaming business, which was supposed to make up for the decline in cable revenues, has lost $11 billion since Disney+ launched in 2019. Churn is a top concern in Disney streaming, some employees said.
Persons: Goofy, what's, Bob Iger, Bob Chapek, He's, confidants, Zenia Mucha, Alan Braverman, Alan Horn, Jayne Parker, Christine McCarthy —, Mickey, Ariel, grumbled, Iger's, It's, he's, Iger, Paul Verna, Chapek, Bob, it's, Ron DeSantis —, Iger —, Nelson Peltz, he'd, hasn't, Verna, Disney, Ike Perlmutter, Peltz, Perlmutter, Ike, Disney's, Paul Singer, Kevin Mayer, Tom Staggs, Puck, Stagg's Blackstone, Intelligence's Verna Organizations: Walt Disney Co, Disney, ABC, Hollywood, CNBC, Writers Guild of America, Wall, Insider Intelligence, Marvel, Lucasfilm, Century Fox, Google, Facebook, Netflix, Communications, Florida Gov, Hulu, ESPN Iger, FX, Geographic, ESPN, Apple, Electronic, Elliott Investment Management, Bloomberg, Mayer Locations: Burbank, Hollywood, Florida's, Iger
SolarEdge — The solar stock cratered 23% after SolarEdge posted a dismal third-quarter report and outlook for the current quarter's revenue. SolarEdge lost 55 cents per share, excluding items, while analysts polled by LSEG, formerly known as Refinitiv, forecast a gain of 89 cents per share. The company guided revenue for the current quarter to between $300 million and $350 million, well under the $688 million anticipated by analysts. Qualcomm surpassed analysts' estimates in its fiscal fourth quarter, reporting adjusted earnings of $2.02 per share on revenue of $8.67 billion. Etsy beat analysts' estimates for earnings in the third quarter but fell short of Wall Street's expectations on revenue.
Persons: SolarEdge, LSEG, Josh Silverman, Etsy, Roku, Roku's, DoorDash, Clorox, Sarepta, FactSet, Darla Mercado, Sarah Min, Jesse Pound, Scott Schnipper Organizations: LSEG, Revenue, Qualcomm —, Qualcomm, Electronic Arts, Arts, Wall Street, Tandem Diabetes Care, Ritz, Therapeutics Locations: FactSet
Solar companies — Shares of solar companies rallied Tuesday, putting the Invesco Solar ETF (TAN) on pace for its best day since March 21. The defense and aerospace companies rose Monday after the Israel-Hamas war began over the weekend. Rivian — Shares of the electric vehicle manufacturer rose more than 5% after UBS upgraded the stock to buy from neutral. Block — Shares added 5.5% after Bank of America reiterated its buy rating on the payments stock. Unity Software — The video game software company added 3.2%.
Persons: Skechers, SolarEdge, Hannon Armstrong, Baird, Rivian, Joseph Spak, Semafor, Jason Kupferberg, efruxifermin, John Riccitiello, James Whitehurst, Davidson, — CNBC's Pia Singh, Tanaya Macheel, Jesse Pound, Michelle Fox, Lisa Kailai Han, Samantha Subin Organizations: UBS, Palantir Technologies, U.S . Army, PepsiCo, LSEG, Sustainability, Bank of America, Electronic Arts, EA's FIFA, Technologies, Northrop Grumman, Hamas, Truist, Therapeutics, Unity Software, Unity, Arm, Deutsche Bank, JPMorgan, Arm Holdings Locations: Israel
LOS ANGELES (AP) — Bob Odenkirk has known he wanted to immortalize the playful poems he created with his kids since they were first scribbled down years ago. But you know, that was a hard time for everyone in the country,” Odenkirk recalled of the coronavirus pandemic. I mean, think of any business partner or any project partner you’ve ever had,” the “ Better Call Saul ” star said. Odenkirk said this was in keeping with his philosophy as a parent when he was raising young children. But it is a tricky business and hard to make a living in,” he said.
Persons: Bob Odenkirk, , Erin, , ” Odenkirk, ‘ Let’s, Odenkirk, I’d, ” Erin, you’ve, Saul ”, “ You’re, “ I’m, , Saul ” — Odenkirk, Tim, Eric Awesome, we’ll Organizations: ANGELES, Pratt Institute, Writers Guild of America, WGA, Alliance, Television Producers Locations: Los Angeles and New York, Los Angeles, Brooklyn, Hollywood
"America's Collection: The Art and Architecture of the Diplomatic Reception Rooms at the US Department of State." Durston Saylor/Courtesy Rizzoli The Thomas Jefferson State Reception Room. Durston Saylor/Courtesy Rizzoli The James Monroe State Reception Room, which was designed by Walter M. Macomber. Durston Saylor/Courtesy Rizzoli The James Monroe State Reception Room. Durston Saylor/Courtesy Rizzoli The design of diplomacy: See inside the lavish reception rooms at the US State Department Prev NextRooms that take you back in time“America’s Collection” gives those without diplomatic credentials a chance to experience that moment.
Persons: Harry S, John Kerry, Obama, Kerry, Truman, Oz, Durston Saylor, Benjamin Franklin, John Blatteau, Thomas Jefferson, James Monroe, Walter M, John Quincy Adams, Childe Hassam, Edmund C, Martin Van Buren, Henry Clay, George Washington, , Francis Scott Key, Paul Revere, John Adams, Clement Conger, Edward Vason Jones, Benjamin West's, John Jay, Henry Laurens, William Temple Franklin, Bruce M, Jones, King George III, Mark Alan Hewitt, Adams, Louisa Catherine, Martha Washington, Alexandra Kirtley, ” Kirtley, Kirtley, , Betsy Kornhauser, Kornhauser, , Joshua Shaw, Thomas Cole, Cole, Virginia Hart, ” —, Walter Thurston Gentlemen's, we’re, ” Hart Organizations: DC CNN, US, Truman, US Department of State, State Department, Benjamin, Thomas, James, James Madison, Henry, American, Department, Powel, York’s Metropolitan Museum of Art, Winterthur Museum, Library, Philadelphia Museum of Art, CNN, Metropolitan Museum of Art, River School, , , Department of State, Rizzoli Electa Locations: Washington, United States, Virginia, Mount Vernon, Paris, Great Britain, Philadelphia, British, Delaware, China, American, Europe
While Brutti generally does the talking for (La)Horde — Harel and Debrouwer understand English, but aren’t as comfortable communicating — they speak as one. “He was like, ‘You’re young, you’re hot at the moment — if not now, when?’” the group said. It made them think — not about the job, but about how applying for it could serve (La)Horde, in a deeper way. They decided that they would create a manifesto about what contemporary dance could be today. Contemporary dance is something.
Persons: — Harel, Debrouwer, Childs, , Dimitri Chamblas —, Arts —, Chamblas, , , Horde Organizations: Ballet National, Marseille, California Institute of, Arts Locations: Los Angeles, Marseille
Postal Service on Friday rolled out its latest special edition postage stamps, paying homage to a tradition with global roots that has evolved over centuries to become a universal symbol of celebration. It was through dance, music and the arts — including the making of piñatas — that biblical stories were spread throughout the New World. "Nativity scenes, piñatas, posadas — all those things really worked well. They bring it with them and so the piñata is no different,” he said. “In the end, I feel that there must be a connection and there must be some sort of mutual understanding,” he said.
Persons: Piñatas, Christ, Cesáreo Moreno, Moreno, piñatas, posadas, , Francisco Rodríguez, Rodríguez, Victor Meléndez, , He's, Meléndez Organizations: U.S . Postal, Las Posadas, National Museum of Mexican Art, posadas —, Associated Press, U.S . Postal Service, Starbucks Locations: ALBUQUERQUE, N.M, U.S, New Mexico, America, Asia, Las, Mexico, Chicago, San Antonio, Los Angeles, In Nevada , Arizona, Albuquerque, El Paso , Texas, Michigan, Mexico City, Seattle
The nurse practitioner on duty that day was employed by Corizon Health, Inc., one of the nation's largest private prison healthcare providers. Under federal law, a bankruptcy judge may respond to evidence of self-dealing or perjury by appointing a trustee to take control of the bankrupt company, bankruptcy experts told Insider. Just six months before the Garcia family was scheduled to have their day in court, Corizon filed for bankruptcy. "The Corizon bankruptcy is presently in a court ordered mediation, and we are seeking a global resolution for all the parties involved." Goldberger's attorney, Joseph Haspel, responded to queries with a statement saying that "Mr. Goldberger is a passive investor" in Corizon, Tehum, YesCare, Perigrove, and Perigrove 1018.
Persons: Hector Garcia, Garcia, wriggling, Adria Malcom, Corizon, Bryan Baker, , Doña Ana, Corizon ., Garcia's, Daniel Jimenez, Gina Macias, Belen Lowery, Hector Garcia , Jr, it's, Johnson, Tehum, Sen, Elizabeth Warren, I've, Isaac Lefkowitz, James Hyman, YesCare, Lefkowitz, Ian Cross, Lynn LoPucki, Tracey Grissom, William Kelly, Kelly, Hector Garcia Jr, Hector Jr, Ricky, he'd, Hector Garcia's, Ana County , New Mexico Hector Jr, Matt Coyte, Coyte, Hyman, didn't, Sara Tirschwell, Kholood, Tirschwell, Jason S, Ana County, Nick Tomecek, Christopher Atkinson, Wendy McGee, McGee, Stephanie Kiger, Anita Skipper, Atkinson, He's, Simche Steinberger, England, Steinberger's, Steinberger, Michael Flacks, Sylvia Jarrus, Cross, he's, David Gefner, Abraham Goldberger, Gefner, Perigrove, Terrence A, they'd, Oved, Goldberger, CHS Dana Anna, Flacks, Moneyman, Joel Landau, Joseph Haspel, Haspel, Andrew Levander, Landau, James Hyman's, It's, Genesis, David Harrington, Bill de Blasio, there'd, Hindenburg, David Paterson, Mark Roe, availing, Dick Durbin, Gefner . Lefkowitz, Tirschwell —, Davidson Kempner, Tim Hunter, Tirschwell's, catastrophically, Tirschwell's playbook, Jeff Sholey, Sholey, Steven Storch, Daniel's Organizations: Detention, Insider, Corizon Health, Inc, Housing, University of Missouri Health Care, Arizona Department of Corrections, Rehabilitation, Senate Banking Committee, Court, Middle, University of Florida, Alabama, futon, Health Services, New, Arizona, BlueMountain Capital Management, Flacks, Revenue, Corizon, New York Times, Tehum Care Services, CHS, YesCare Holdings, Okaloosa, Wyoming Department of Corrections, University of West, YesCare, Public, Alabama Department of Corrections, . Alabama Department of Corrections, Tehum, US, University of Missouri, LinkedIn, Flacks Group, Consulate Health Care, Justice Department, YesCare Corp, United Staffing Solutions, Charlotte, CHS Okaloosa, United, Solutions, Pharmacorr, Trade Center, Securities and Exchange Commission, Hindenburg Research, Alabama Department, Corrections, Geneva Consulting, Genesis Healthcare, Trade, Geneva, New York Stock Exchange, Pinta Capital Partners, The, Pinta Capital, New York Gov, Staffing Solutions, DG Realty, Harvard Law School, ACLU, Public Justice, Lawyers, Seven Trade, World Trade, Gefner, Southern, Southern District of Texas, The Alabama Department of Corrections, Southern Poverty Law Center, Medicare, Services, Quest Turnaround Advisors, New York City, Republican, city's Campaign Finance, CFB, Campaign Finance, Finance Locations: Ana, Las Cruces , New Mexico, facility's, Doña, Jimenez's, Las Cruces, Houston, New, Rockland County, Texas, Middle District, Tennessee, Michigan, Virginia, New York, Oregon, Idaho, New Mexico, Ana County , New Mexico, Corizon, Florida, New York City, A, York, Nashville, Missouri, Brentwood , Tennessee, Delaware, Okaloosa, Florida's panhandle, Okaloosa County, Okaloosa County , Florida, University of West Florida, YesCare, Wyoming, Shawnee County , Kansas, Bernalillo County , New Mexico, Tehum, Perigrove, Suffern, Brooklyn, America, Manhattan, Suffern , New York, Geneva, nonpayment, United States, Rivington, Alabama, Southern District, Wexford, Maine, Corizon's Texas, Mexico, Tirschwell's, YesCare Corp
SolarEdge missed revenue expectations in its second quarter, posting $991 million compared to the expected $992 million from analysts polled by Refinitiv. Advanced Micro Devices — The chip stock jumped nearly 4% after Advanced Micro Devices reported better-than-expected quarterly results. Analysts polled by Refinitiv expected per-share earnings of 57 cents on revenue of $5.31 billion. The coffee chain reported fiscal third-quarter revenue of $9.17 billion, lower than the $9.29 billion estimated by analysts polled by Refinitiv. Devon Energy posted revenues of $3.45 billion, lower than the estimated $3.74 billion from analysts polled by Refinitiv.
Persons: SolarEdge, Refinitiv, — Pinterest, , Samantha Subin Organizations: Technologies, Refinitiv, Devices, AMD, Starbucks, Virgin Galactic, Group, Devon Energy, Devon, Frontier Group Holdings, Electronic Arts, Caesars Entertainment
Later this year, the Lunar Codex — a vast multimedia archive telling a story of the world’s people through creative arts — will start heading for permanent installation on the moon aboard a series of unmanned rockets. The Lunar Codex is a digitized (or miniaturized) collection of contemporary art, poetry, magazines, music, film, podcasts and books by 30,000 artists, writers, musicians and filmmakers in 157 countries. It’s the brainchild of Samuel Peralta, a semiretired physicist and author in Canada with a love of the arts and sciences. Some works were commissioned for the project, including “The Polaris Trilogy: Poems for the Moon,” a collection of poetry from every continent, including Antarctica. He has also accepted works submitted by individual artists.
Persons: , , Wes Anderson’s, Samuel Peralta, Ayana Ross, Pauline Aubey, Alex Colville, Peralta Locations: Asteroid, Canada, Ukraine, Antarctica, Toronto
Stanford students say interest in generative AI has already surpassed the crypto hype. Now, since OpenAI released ChatGPT in November, interest in AI on campus has surged, more than a dozen Stanford students and faculty told Insider. By the 2022-2023 school year, that number jumped to 140, with 14 courses that specifically touched on "generative AI." Sid SharmaSiddharth Sharma, a sophomore majoring in computer science, said those doubts haven't yet swept through campus. Bryan Chiang, a senior majoring in computer science, recently built an AI-powered monocle called RizzGPT.
Persons: Stanford, OpenAI, Rishi Bommasani, Sophie Fujiwara, Sophie Fuji, Isabelle Levent, Levent, ChatGPT, Ben Margot, Bryant Lin, Lin, Peter Norvig, , Norvig, Siddharth Sharma, Sid Sharma Siddharth Sharma, Bryan Chiang, Chiang Organizations: Morning, Stanford University, Stanford, Big Tech, Google, Yahoo, Stanford Center for Research, brunch, CS 224N, Stanford Daily, Stanford's Institute for, Twitter, Microsoft Locations: Silicon Valley,
Mr. Zuckerberg has sought out martial arts experts, including Dave Camarillo, James Terry and Khai Wu. In May, he competed in his first public martial arts tournament in Redwood City, Calif., which he attended undercover — up until the moment he took off his hat and sunglasses to fight. to bring mixed martial arts fights to Horizon Worlds, its virtual reality app. Mr. White said Mr. Zuckerberg was truly dedicated to the sport. This month, he said he had trained in “judo, Kyokushin (full contact)” — two Japanese martial arts — and “no rules streetfighting.”
Persons: Zuckerberg, Dave Camarillo, James Terry, Khai Wu, Meta, White, I’ve, , Mr Organizations: Meta Locations: Redwood City, Calif
(CNN) — The countdown to this weekend’s Glastonbury Festival is on; the stages are built, headliners are on their way and some 200,000 people are expected to attend. -Twenty six-year-old British photographer Paul Misso was there on a dual mission: to drive an RV for his friend, the Oscar-winning actress Julie Christie, and to take pictures of the event. “They just languished in a drawer for decades.”A couple sit in a wildflower meadow at Glastonbury Fair in June 1971. The resulting tome, “In The Vale of Avalon: Glastonbury Festival 1971,” may be more than 50 years after the event, but it serves as both a work of art and a historical document. It’s phenomenal.”“In The Vale of Avalon: Glastonbury Festival 1971” is published by IDEA books and available in a limited run of 1,000 copies at Dover Street Market, London.
Persons: David Bowie, Paul Misso, Oscar, Julie Christie, Nicolas Roeg, Christie, , , , Paul Misso Misso, , Misso, Peter Neal, Roeg, Jean Shrimpton, David Owen, Twiggy, Paul Misso “, Bill Harkin, ” Misso Organizations: CNN, Glastonbury Fair, Fairport Convention, London School of Printing, wholesomeness, Glastonbury, , IDEA, , Nikon Locations: Glastonbury, London, , Avalon, British, Dover, Market
Mark Zuckerberg has taken to improving his physique as he gets more interested in jiu-jitsu. In May, Zuckerberg participated in his first tournament and was choked unconscious, NYT reports. The road to Mark Zuckerberg's gold and sliver medals at a recent jiu-jitsu tournament apparently came with a few bumps, according to a new report. Zuckerberg didn't respond to a request for comment from the Times, and Meta, where Zuckerberg is CEO, didn't respond to a request from Insider. "I really like watching UFC because I also like doing the sport," Zuckerberg told Joe Rogan.
Persons: Mark Zuckerberg, Zuckerberg, Zuckerberg's, José Lucas Costa da Silva, he'd, Costa da Silva, Khai Wu, Conor McGregor, , Joe Rogan Organizations: Meta, New York Times, Facebook, Times, UFC Locations: Brazilian, Meta, Brazil, Thai
The company posted a slight beat on revenue. Rivian — The electric vehicle stock gained more than 5% in extended trading. Rivian reported a narrower-than-expected loss and revenue beat Wall Street's expectations. Toast — The cloud-based restaurant software vendor popped 7.4% in extended trading. The company reported an adjusted loss of 47 cents a share.
The Mind-Expanding Value of Arts Education
  + stars: | 2023-05-02 | by ( Ginanne Brownell | ) www.nytimes.com   time to read: +1 min
Awuor Onguru says that if it were not for her continued exposure to arts education as a child, she never would have gotten into Yale University. Growing up in a lower-middle-class family in Nairobi, Kenya, Ms. Onguru, now a 20-year-old junior majoring in English and French, started taking music lessons at the age of four. During her high school summer breaks, Ms. Onguru — who also has a strong interest in creative writing and poetry — went to the United States, attending the Interlochen Center for the Arts’ creative writing camp, in Michigan, and the Iowa Young Writers’ Studio. Ms. Onguru, who recently returned to campus after helping organize Yale Glee Club’s spring tour in Kenya, hopes to become a journalist after graduation. “But they found places to express themselves, found places to be creative, found places to say things that they didn’t know how else to say them.”
Check out the companies making the biggest moves in premarket trading:Peloton — The fitness equipment maker jumped more than 5% in the premarket after reporting fiscal second quarter revenue of $792.7 million, above a Refinitiv forecast of $710 million. Peloton said its net loss narrowed year over year and subscription revenue was higher than sales of the product. Advanced Micro Devices — Shares of chipmaker AMD rose more than 3% premarket after the company reported fourth-quarter earnings and revenue that beat Wall Street expectations. Electronic Arts — Shares of the video game publisher fell nearly 10% after the Electronic Arts' fiscal third quarter results missed expectations for adjusted earnings and net bookings, according to StreetAccount. Match Group — The online dating company slid 8.3% after reporting quarterly revenue that missed Wall Street expectations.
Valentina Sleek is a 28-year-old Trader Joe's artist in Charlotte, North Carolina. I applied for an opening I came across at Trader Joe's as a crew member who bags groceries. I have to remind myself that the store art is only temporary. As a rough estimate, I'd say that I've done more than 400 pieces of art for Trader Joe's since working with them. Trader Joe's has taken care of me, and the fact that they keep investing in original store art is what makes them popular.
Estee Lauder — The cosmetic maker dropped 8% after it gave a weak outlook despite beating expectations for the quarter. Trimble — Shares dropped 7% after Trimble missed revenue expectations in its third-quarter results. Robinson — The stock fell 6% after the transportation and logistics company reported disappointing revenue in its latest results. Airbnb — The lodging stock fell 10.1% after the company reported earnings per share that beat expectations, while revenue came in line with estimates. The company it its fiscal first quarter reported adjusted earnings per share of 93 cents versus expectations of 75 cents.
Minneapolis CNN Business —The fever hasn’t broken yet for America’s employment market, but the temperature is coming down. That, coupled with job openings showing some sharp declines, points to a labor market slowdown — an outcome the Federal Reserve is seeking as it battles decades-high inflation. “The job market is slowing gracefully, moderating jobs and wage growth smoothly as the Federal Reserve searches for signs of cooling inflation,” Daniel Zhao, senior economist for Glassdoor, said in a statement. What could, however, move the needle will be the findings from the inflation data due next week, he said. Job openings outpace job seekers on a 1.7 to 1 ratio, the BLS’ Job Openings and Labor Turnover Survey for August showed.
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