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☆ Federal Reserve interest rate verdict: Central bankers meet to decide on next move
▼ + stars: | 2024-05-01 | by ( Bryan Mena | ) edition.cnn.com time to read: +5 min

Washington CNN —The Federal Reserve is expected to announce Wednesday that it is keeping interest rates at a quarter-century high for the sixth-straight meeting. Other Fed officials have already introduced the possibility of a rate hike, in addition to the chance of no rate cuts this year. Williams later said that another rate hike is possible if economic data warrants it. That combination eerily resembled stagflation, which triggered a broad stocks selloff on Wall Street Thursday. The threshold for a rate hike is ‘extremely high’Another interest rate hike is back in the conversation, but at the moment, it’s still not likely the Fed will do that.

Persons: Jerome Powell, ” Powell, Powell, John Williams, Williams, Neel Kashkari, Austan Goolsbee, “, can’t, it’s, Goldman Sachs, Wall, ” Oren Klachkin Organizations: Washington CNN, Federal, Index, New York Fed, Bloomberg, Minneapolis, Chicago Fed, Commerce Department, JPMorgan, Bank of America, Nationwide, CNN Locations: New, Chicago, Wells Fargo

☆ Rare Editions of Pushkin Are Vanishing From Libraries Around Europe
▼ + stars: | 2024-05-01 | by ( Rachel Donadio | ) www.nytimes.com time to read: +1 min

In April 2022, soon after Russia invaded Ukraine, two men arrived at the library of the University of Tartu, Estonia’s second-largest city. They told the librarians they were Ukrainians fleeing war and asked to consult 19th-century first editions of works by Alexander Pushkin, Russia’s national poet, and Nikolai Gogol. Police are now investigating what they believe is a vast, coordinated series of thefts of rare 19th-century Russian books — primarily first and early editions of Pushkin — from libraries across Europe. Since 2022, more than 170 books valued at more than $2.6 million, according to Europol, have vanished from the National Library of Latvia in Riga, Vilnius University Library, the State Library of Berlin, the Bavarian State Library in Munich, the National Library of Finland in Helsinki, the National Library of France, university libraries in Paris, Lyon and Geneva, and from the Czech Republic. The University of Warsaw library was hardest hit, with 78 books gone.

Persons: Estonia’s, Alexander Pushkin, Russia’s, Nikolai Gogol, Eager, Krista Aru, “, ”, Pushkin Organizations: University of Tartu, Police, National Library of Latvia, Vilnius University Library, State Library of Berlin, Bavarian State Library, National Library of Finland, National Library of France, The University of Warsaw Locations: Russia, Ukraine, United States, Europe, Riga, Munich, Helsinki, Paris, Lyon, Geneva, Czech Republic

☆ Opinion | The ‘Impossible Life’ of Equal Devotion to Art and Mothering
▼ + stars: | 2024-05-01 | by ( Jessica Grose | ) www.nytimes.com time to read: +1 min

“Too much life enters this house,” Tillie Olsen, the writer, labor activist and mother of four daughters, wrote in a letter to the poet Anne Sexton. Olsen and Sexton were among the early recipients of a paid fellowship from the Radcliffe Institute for Independent Study. In some ways, remarkable progress has been made for American women since then — at the time, for example, it was perfectly legal to fire a woman for getting pregnant. (In other ways, we have returned to the 19th century.) The book made me ponder whether some of the conflicts that parents feel between their family responsibilities and other parts of their lives can be fully resolved.

Persons: ” Tillie Olsen, Anne Sexton, “, lunchpacking —, Olsen, Sexton, Maggie Doherty’s, Radcliffe’s, Mary Ingraham Bunting, Maxine Kumin, Barbara Swan, Marianna Pineda Organizations: Radcliffe Institute for Independent, Art Locations: midcentury America, Doherty’s

Arizona lawmakers voted on Wednesday to repeal an abortion ban that first became law when Abraham Lincoln was president and a half-century before women won the right to vote. A bill to repeal the law passed, 16-14, in the Republican-controlled State Senate with the support of every Democratic senator and two Republicans who broke with anti-abortion conservatives in their own party. The vote was the culmination of a fevered effort to repeal the law that has made abortion a central focus of Arizona’s politics. The issue has galvanized Democratic voters and energized a campaign to put an abortion-rights ballot measure before Arizona voters in November. On the right, it created a rift between anti-abortion activists who want to keep the law in place and Republican politicians who worry about the political backlash that could be prompted by support of a near-total abortion ban with no exceptions for rape or incest.

Persons: Abraham Lincoln, Katie Hobbs Organizations: Republican, Senate, Democratic, Republicans, Gov, Democrat, Arizona Locations: Arizona

☆ Opinion: If Trump wins, I might leave America for good
▼ + stars: | 2024-05-01 | by ( David A. Andelman | ) edition.cnn.com time to read: +9 min

In a growing number of cases, that reason can be traced to one proximate source — former President Donald Trump. Or more precisely — how he has torn apart America and our democracy that, for my nearly 80 years on this planet, I have cherished. To be sure, there are reasons for Americans to make the move beyond the prospects of a second Trump presidency. “There’s a feeling of safety that you have and a feeling of belonging in Mexico,” Kahn continued. But as a good American I went, ‘no, I don’t want to go to the hospital.

Persons: David A, CNN Paris CNN — I’ve, Donald Trump, Pamela, “, ‘, ’ ”, Adrian Leeds, Adrian, we’ve, ” Leeds, “ It’s, it’s, ” Patricia Casaburi, they’ve, ”, ” Tony Kahn, ” Kahn, Kahn, Gordon Kahn, J, Edgar Hoover, “ I’m, I’m, I’ve, he’s, Trump, Daniel Tostado, Skyler Schmanski, He’d, Schmanski, ’, ” Schmanski, Giorgia Meloni, you’re, Casaburi Organizations: CNN, French Legion of, The New York Times, CBS News, CNN Paris CNN, Adrian Leeds Group, Citizen Solutions, Trump, PBS, NPR, America, Hollywood, FBI, Mexico City, Global Citizens Solutions Locations: Europe, Asia, Paris, France, Seine, Tuileries, America, London, Dubai, Mexico City, Mexico, ” Paris, Marseilles, American, Spain, Portugal, Greece, Italy, Brazilian

☆ Columbia's student radio station was the main source of information for the protests. Here's why that matters.
▼ + stars: | 2024-05-01 | by ( Katie Notopoulos | ) www.businessinsider.com time to read: +5 min

Other press couldn't go on campus, so the student radio station was the only source of on-the-ground reporting. WKCR 89.9 FM, Columbia's student radio station, was broadcasting live from inside the campus about what was happening as the NYPD arrived. (I left messages for the radio station but didn't hear back — likely because the students are taking a well-deserved break, which they referenced in an X post . AdvertisementStudents at UChicago encampment gather in silence around a speaker for radio broadcast of WKCR 89.9, Columbia’s student station. The actual events on the Columbia campus on Tuesday night are, of course, more important than the fact that its radio station went viral.

Persons: —, z59RvDd0OV, alex, @w_o_t_m_8_, George Floyd, g7MEe2ehVA — Madeleine, @madeleinedupre, Hasan Piker, Elon Organizations: NYPD, Columbia University, Service, Columbia Daily Spectator, Twitter, Tech, Columbia Locations: Ferguson , Missouri, Columbia

☆ Arizona Lawmakers Repeal 1864 Abortion Ban
▼ + stars: | 2024-05-01 | by ( Jack Healy | More About Jack Healy | ) www.nytimes.com time to read: +1 min

Arizona lawmakers voted on Wednesday to repeal an abortion ban that first became law when Abraham Lincoln was president and a half-century before women won the right to vote. A bill to repeal the law passed 16-14 in the Republican-controlled State Senate with the support of every Democratic senator and two Republicans who broke with anti-abortion conservatives in their own party. The vote was the culmination of a fevered effort to repeal the law that has made abortion a central focus of Arizona’s politics. The issue has galvanized Democratic voters and energized a campaign to put an abortion-rights ballot measure before Arizona voters in November. On the right, it created a rift between anti-abortion activists who want to keep the law in place and Republican politicians who worry about the political backlash that could be prompted by support of a near-total abortion ban with no exceptions for rape or incest.

Persons: Abraham Lincoln, Katie Hobbs Organizations: Republican, Senate, Democratic, Republicans, Gov, Democrat, Arizona Locations: Arizona

☆ Disney just named 2 new top execs to advise on strategy and M&A as it considers its future: Read the memo
▼ + stars: | 2024-05-01 | by ( Lucia Moses | ) www.businessinsider.com time to read: +6 min

Disney has appointed two senior executives to oversee corporate strategy as it considers the future of its linear business and contends with streaming losses. Veteran Disney exec Justin Warbrooke, meanwhile, was named EVP and head of corporate development, overseeing M&A as well as divestitures, among other areas. Mayer was Disney's EVP of corporate strategy and business development before going on to run strategy and the DTC and international businesses. As such, we are evolving the Corporate Strategy function to better align with this vision, which includes two leadership roles — one focused on Corporate Strategy and another focused on Corporate Development — both reporting directly to me. In addition to strategy, Andre has advised clients on the topics of operations, organization, customer journey design, and M&A.

Persons: Disney, Nelson Peltz, It's, Bob Iger, Bain, Andre James, Justin Warbrooke, James, Marvel, Hugh Johnston, Kevin Mayer, Mayer, Iger, Tom Staggs, —, Andre, Justin, Hugh Organizations: ESPN, Business, Veteran Disney, Coopers, Lybrand's, DTC, Century Fox, Disney, Media, Walt Disney Company, Corporate, Strategy, Development, of Media, Entertainment, Bain & Company, Consumer, Marvel, Reliance, Fox, Warner Bros . Discovery, Finance Locations: Hulu, India

In the small Bombay theater that showed big films, his father brought him — over and over again — to see the biggest of them all. With every one of his 18 viewings of “Mughal-e-Azam,” a hit 1960 musical about a forbidden romance between a prince and a courtesan, the young boy fell more in love. The rays of light, beamed in black and white, opened to him a world at once majestic and lost. The music swept him to places that only later in life would he fully understand. India, cinema and music — they would all change, too.

Persons: —, ”, Sanjay Leela Bhansali — Organizations: Alankar Talkies Locations: Bombay, Mumbai, India

☆ Arizona Voted to Repeal Its Abortion Ban
▼ + stars: | 2024-05-01 | by ( Matthew Cullen | ) www.nytimes.com time to read: +1 min

Arizona lawmakers today repealed an abortion ban that first became law in 1864, when Abraham Lincoln was president and a half-century before women won the right to vote. The repeal narrowly passed the Republican-controlled State Senate with the support of all 14 Democratic senators and two Republicans. Katie Hobbs, a Democrat, is widely expected to sign it, after which abortion policy in the state would revert to a 2022 law that restricted the procedure after 15 weeks of pregnancy. Democrats sought to use the ban to energize voters in Arizona, a battleground state. On the right, the issue created a rift between anti-abortion activists who wanted to keep the law in place and Republicans who worried about the potential backlash of a near-total ban with no exceptions for rape or incest.

Persons: Abraham Lincoln, Katie Hobbs, Roe, Wade Organizations: Republican, Senate, Democratic, Gov, Democrat Locations: Arizona

☆ Ancient text reveals details of Plato’s burial place and final evening, experts say
▼ + stars: | 2024-04-30 | by ( Barbie Latza Nadeau | ) edition.cnn.com time to read: +3 min

It was previously only known that he was buried in the academy, but not specifically where, Ranocchia told CNN Tuesday. A statue of ancient Greek philosopher Plato in Athens, Greece. Brigida Soriano/AlamyThe text also provides more detail about Plato’s final night – and he wasn’t a fan of the music that was played. The project, called the Greek Schools project, is a five-year study using various technologies and methods to help decipher the fragile papyri. “The new readings often draw on new and concrete facts about Plato’s Academy, Hellenistic literature, Philodemus of Gadara and ancient history in general.”

Persons: Plato, Graziano Ranocchia, Ranocchia, Roman general Sulla, Brigida Soriano, ”, ” Ranocchia, Socrates, Julius Caesar, Lorenzo Di Cola, ” Kilian Fleischer Organizations: CNN, Platonic Academy of Athens, of Philology, University of Pisa, Platonic, Spartans, University of Naples, European Union, ERC – European Research Council, Greek Schools, Plato’s Academy Locations: Vesuvius, Athens, Greece, Thrace, Naples, Mesopotamia, Aegina, Sicily, Herculaneum, Italy

☆ 18 ancient Egyptian human skulls are being auctioned for $250 each, in a grim sale of colonial spoils
▼ + stars: | 2024-04-30 | by ( Mia Jankowicz | ) www.businessinsider.com time to read: +4 min

Read previewA British auction house has been criticized after listing 18 human skulls from ancient Egypt. But experts have raised objections, and have asked for a review of laws around the sale of human remains. This latest episode offers a window into the strange trade in human remains, which is legal in many places worldwide. The shrunken head problemVan Broekhoven has had to grapple with the issue of handling human remains in museum collections. The Pitt Rivers Museum has a collection of shrunken heads — some human — along with other human remains, which were taken off display in 2020.

Persons: —, Dan Hicks, Hicks, Augustus Henry Lane Fox, Pitt Rivers, Semley Auctioneers, Laura Van Broekhoven, Van Broekhoven, there's Organizations: Service, Business, Pitt Rivers Museum, Augustus Henry Lane Fox Pitt Rivers, Oxford University Locations: Egypt, Thebes, Benin, Augustus Henry Lane Fox Pitt, Indonesian

☆ Cyberattack on UnitedHealth firm forces doctors to dig into personal savings to stay afloat
▼ + stars: | 2024-04-30 | by ( Ashley Capoot | In | ) www.cnbc.com time to read: +19 min

Change Healthcare offers payment and revenue cycle management tools, and other solutions such as electronic prescription software. On Feb. 21, UnitedHealth Group , which owns Change Healthcare, discovered that hackers compromised part of the unit's information technology systems. UnitedHealth told CNBC earlier this month that there is "no evidence of any new cyber incident at Change Healthcare." It's just one of the ways Change Healthcare touches cash flow within the health-care sector. A controversial mergerSheldon Cooper | Sopa Images | Lightrocket | Getty ImagesUnitedHealth's ownership of Change Healthcare has raised eyebrows from the outset.

Persons: Omar Marques, Dr, Angeli Maun Akey, Akey, she's, UnitedHealth, I've, Andrew, Mike Bradley, Barbara McAneny, McAneny, Sarah Carlson, Carlson, Sheldon Cooper, Optum, Michael Nagle, Tyler Kisling, Kisling, he's, There's, it's, Purvi, Parikh hadn't, they've, Amit Phull, Phull, Igor Golovniov Organizations: Lightrocket, CNBC, Healthcare, UnitedHealth, U.S . Securities, Exchange Commission, Change, Inc, Bloomberg, Getty, U.S, American Medical Association, AMA, U.S . Department of Justice, DOJ, U.S . Department of Health, Human Services, Wall Street, New York Stock Exchange, Change Healthcare Locations: Gainesville , Florida, U.S, Minnetonka , Minnesota, UnitedHealth's, New Mexico, Boulder , Colorado, California, New York City, UnitedHealth

☆ Islamophobia and India’s election: Rising Hindu nationalism leaves Muslims fearful in India’s holy city
▼ + stars: | 2024-04-30 | by ( Rhea Mogul | Will Ripley | ) edition.cnn.com time to read: +18 min

Varanasi, India CNN —The sun glistens on the Ganges as Hindu devotees bathe in the holy river’s waters, and the Muslim call to prayer reverberates through the dusty air. The Gyanvapi mosque, left, and Kashiviswanath Temple on the banks of the river Ganges in Varanasi, India, December 12, 2021. He believes Gyanvapi is not a mosque, but a Hindu temple, and wants to see his community worship inside the walls of the building. Vishwambhar Nath Mishra, the priest of a prominent Hindu temple in Varanasi, believes Modi’s stoking of religious tensions is ruining the fabric of Indian society. This is my country.”Read more from CNN’s India election coverage:Billions spent, jungle-trekking poll workers and voting at 15,000 feet.

Persons: Narendra Modi’s, Modi, Varanasi John Mees, Sana Sabah, trepidation, “, Modi’s, Rajesh Kumar Singh, John Mees, Syed Mohammad Yaseen, ”, Hinduism John Mees, ’, Dileep Patel, inching, Nasir Ali, Ali, ‘ Jai Shree Sri Ram ’, Vijay Bedi, CNN Ali, Muzamil, Usman, it’s, Jai Shree Ram ”, Manish Swarup, Raja Singh, we’ll, Singh, –, Jaiveer Shergill, spokespeople, haven’t, Shamsher Ali, Emperor Aurangzeb, Lord Shiva, Kashi Vishwanath Temple, Pawan Kumar, ” Ali, Yaseen, ” Syed Mohammad Yaseen, turbocharge, ” Modi, Ram, Lucas Vallecillos, Swami Jitendranand Saraswati, Gyanvapi, Swami Saraswati, Amit Pandey, Vishwambhar Nath Mishra, ” Mishra, ” Read, Narendra Modi Organizations: India CNN, Bharatiya Janata Party, BJP, CNN, Rashtriya Swayamsevak Sangh, Modi, Bhajanpura Police, United Nations, Human Rights, ” CNN, Modi’s, Hate, AP BJP, T, Human Rights Watch, Amnesty International, International Federation for Human Rights, Reuters, Guards, “ Locations: Varanasi, India, Varanasi John, today’s India, “, Hinduism, Jammu, Kashmir, New Delhi, Delhi, Mustafabad, Rajasthan, Jaipur, Gujarat, Washington, BJP, Ali, Kashi, Gyanvapi, John, Ayodhya, Uttar Pradesh

☆ More CEOs are deciding the stress, pressure, and loneliness are just not worth the money
▼ + stars: | 2024-04-30 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +4 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Pressure, stress, and lonelinessHead honchos have been calling out the difficulties of their jobs for years. Tesla and SpaceX CEO Elon Musk has bemoaned that running a company is "really not that fun" and "just awful" at times. "The depths of loneliness I experienced as a CEO are difficult to put into words," he posted on X in January. The combination of immense pressure, stress, loneliness, and lack of work-life balance that often comes with being a CEO may well explain why few people last long in the role.

Persons: —, HSBC's Noel Quinn, Bob Bakish, Dr Martens, Kenny Wilson, Andrew Challenger, HSBC's Quinn, Elon Musk, Musk, Grzegorz Wajda, Brian Chesky, Warren Buffett, Berkshire Hathaway, Buffett Organizations: Service, Paramount, Business, SpaceX, Berkshire, he's

☆ Norman Kansfield, 83, Dies; Defrocked for His Daughter’s Same-Sex Wedding
▼ + stars: | 2024-04-30 | by ( Alex Traub | More About Alex Traub | ) www.nytimes.com time to read: +1 min

Dr. Norman Kansfield seemed to personify the Reformed Church in America. To an extraordinary extent, he had grown up in the world of his church’s 17th-century Dutch founders. So when his daughter, Ann Kansfield, was considering coming out of the closet to him, she was nervous. After she did, Dr. Kansfield went beyond responding with warm acceptance. Years later, in June 2004, he insisted that he officiate at her wedding, held in Massachusetts weeks after the state legalized same-sex marriage.

Persons: Norman Kansfield, Kansfield, Ann Kansfield Organizations: Reformed Church, Ill, New Brunswick Theological Seminary Locations: America, South Holland, New Jersey, United States, Massachusetts

☆ Opinion: Student protests are what created the university as we know it
▼ + stars: | 2024-04-30 | by ( Opinion David M. Perry | Matthew Gabriele | ) edition.cnn.com time to read: +7 min

Editor’s Note: David M. Perry is a journalist, historian and senior academic adviser in the history department of the University of Minnesota. CNN —In recent days, protests by college students against Israel’s actions in the ongoing war in Gaza have popped up across the country. Concerned faculty at the University of Texas-Austin called a strike to protest police actions against peaceful protestors. But then, in the year 1200 CE, a group of students in Paris got swindled by a shopkeeper. They are a reminder that institutions of higher learning are a union between teachers and students dedicated to the pursuit of knowledge.

Persons: David M, Perry, Matthew Gabriele, “, ”, Noëlle McAfee, Caroline Fohlin, Elijah Nouvelage, King Philip II Augustus of France, Paris didn’t, doesn’t, Ibn Rushd Organizations: University of Minnesota, of Religion, Virginia Tech, CNN, University of Texas, CUNY, Emory University, Notre Dame, universitas, Twitter Locations: Europe, Gaza, Emory, Austin, Paris, ”

☆ They Shoot Owls in California, Don’t They?
▼ + stars: | 2024-04-29 | by ( Franz Lidz | ) www.nytimes.com time to read: +2 min

Barred owls have also emerged as a threat to the California spotted owl, a closely related subspecies in the Sierra Nevada and the mountains of coastal and Southern California. In the wilds of British Columbia, the northern spotted owl has vanished; only one, a female, remains. If the trend continues, the northern spotted owl could become the first owl subspecies in the United States to go extinct. In a last-ditch effort to rescue the northern spotted owl from oblivion and protect the California spotted owl population, the U.S. Fish and Wildlife Service has proposed culling a staggering number of barred owls across a swath of 11 to 14 million acres in Washington, Oregon and Northern California, where barred owls — which the agency regards as invasive — are encroaching.

Persons: Karla Bloem, ” Organizations: U.S . Fish, Wildlife Service, Owl Center Locations: Pacific Northwest, California, Sierra Nevada, Southern California, British Columbia, United States, U.S, Washington , Oregon, Northern California, Minnesota

☆ 5 ways to attack the climate crisis
▼ + stars: | 2024-04-29 | by ( Andrea Kane | ) edition.cnn.com time to read: +8 min

The climate crisis impacts Earth — its land, its atmosphere and its bodies of water — and it also profoundly affects the health and behavior of the planet’s inhabitants large and small, including humanity. And CNN Chief Climate Correspondent Bill Weir has a front-row seat to the ever-evolving situation. “Five million people die prematurely every year just to, just from particulate pollution of burning fossil fuels around the world,” Weir said. “It is taking care of water and soil and air… (that) fills those (Maslow) needs in ways that we can’t imagine in our modern, convenient world,” he said. “I just want folks to connect with each other and nature in the best possible ways,” he said.

Persons: Bill Weir, Weir, Olivia, —, “, ” Weir, Sanjay Gupta, it’s, Abraham Maslow’s, ”, Elisabeth Kübler, Rogers, “ There’s, he’s, Maslow Organizations: CNN, Earth Locations: Hope, America, Charleston , South Carolina, Miami, thrivers, United States, Maine, Canada, Asia, Lahaina, ‘

☆ Steel bridge: Train derailment shuts down historic Portland, Oregon, bridge
▼ + stars: | 2024-04-29 | by ( Andy Rose | ) edition.cnn.com time to read: +1 min

CNN —A historic bridge in Portland, Oregon, was shut down Monday morning after a derailed train car was seen leaning against a bridge support. Two cars had fully derailed on a Union Pacific line on the east side of the century-old Steel Bridge. “One train car is leaning against bridge structural support column,” Portland Fire and Rescue stated on X. The derailment happened after 35 train cars derailed in New Mexico on Friday, prompting evacuations that lasted until Sunday. Six of the derailed train cars were carrying propane, according to BNSF Railway.

Organizations: CNN, Union, Portland, Union Pacific, . Union Pacific, BNSF Railway, National Transportation Locations: Portland , Oregon, Portland, New Mexico

☆ For the vibrant springtime celebration Vaisakhi, Sikhs from near and far gathered to honor their faith and community
▼ + stars: | 2024-04-29 | by ( Nimarta Narang | ) www.businessinsider.com time to read: +10 min

The April celebration Vaisakhi is a time when Sikhs gather for community worship, meals, and parades. Here I was in America about a century later trying to honor the community he helped build and, by extension, the Sikh faith. Anumeha Sinha for BINow in my late 20s, it's been 11 years since I've lived in a close-knit Sikh community. To feel closer to her community, Kaur said she's now making a personal effort to honor traditions she learned when she was younger. But outside the Sikh community — and increasingly after 9/11, like Singh mentioned — I saw people misunderstand our symbols of faith.

Persons: —, Vaisakhi, Anumeha Sinha, Guru Nanak, Guru Gobind Singh, Singh, Kaur, it's, I've, Harmeet Kaur, Harman Singh, Harmeet, hadn't, Sahib, she's, Kaur's, nishaan sahib, I'm, It's Organizations: Service, New, BI, Khalsa, ., BI Kaur, New York, Darbar Locations: New York City, Richmond Hill, Queens, Punjab, South Asia, Bangkok, America, . Orange, Brooklyn, Kentucky, Pikeville, Lexington , Kentucky, Atlanta and New York, New, Detroit, India, Windsor , Ontario, Bangkok , New York

☆ Karen Firestone: Tech dominates the S&P 500. It's time to ask whether it's the best benchmark for investors
▼ + stars: | 2024-04-29 | by ( Karen Firestone | ) www.cnbc.com time to read: +7 min

Answering that question assumes understanding why we use the S & P 500 in the first place. While the Dow heavily favors industrial businesses — steel, chemicals, autos, oil and gas — the S & P 500 offers a more diverse representation. Also, the S & P 500 index is weighted by market value, which makes sense to professional investors. While certainly not a proxy for the S & P 500, it provides more exposure to other industries and stocks. As shown below, the equal-weighted S & P 500 has slightly outperformed the S & P 500 over the past 20 years.

Persons: I've, Gamble, Karen Firestone Organizations: Dow Jones, Dow, Apple, Procter, Microsoft, Nasdaq, Bloomberg, Goldman, Commodities, Asset Management

☆ I've stayed at every Disney World hotel — these 5 are actually worth every penny
▼ + stars: | 2024-04-28 | by ( Megan Dubois | ) www.businessinsider.com time to read: +1 min

I've stayed at every hotel at Disney World, and some are worth the extra cost on vacation. I love Pop Century Resort for its cheaper rooms, and it's easy to get to two of the four parks. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementI've been going to Disney World for almost 30 years, and in that time, I've been lucky enough to stay at every single hotel the company has to offer. A typical trip to Disney World for a family of four can cost nearly $7,000, so it's tempting to cut corners by staying off-property.

Persons: I've, — Organizations: Disney, Marriott, Service

☆ Rich Young Men Want This Famous $7,000 Herman Miller Eames Chair
▼ + stars: | 2024-04-28 | by ( Emily Stewart | ) www.businessinsider.com time to read: +12 min

"The Eames chair is basically meme status," said Joel Vanderveen, a 35-year-old from Minnesota who created a subreddit about a decade ago dedicated to all things Eames. "Until the last 10 years, when people would say to me they had an Eames chair, I never knew which one they meant," Kirkham said. The Eames chair is one of those rare luxury goods that checks all those boxes for novices and experts alike, in his view. Not everyone with the Eames chair has a new one, an expensive one, or even a real one. The Eames chair seems eco-friendly, too — they're not going to be tossing it out in two years.

Persons: he'd, that's, Herman Miller Eames, I'd, I'm, Eames, Herman Miller, Amy Auscherman, Herman Miller's, Joel Vanderveen, Charles, Ray Eames, Pat Kirkham, Kirkham, wasn't, it's, It's, Auscherman, Julia Mack, Jennifer Jones, Kyle, He's, Zak Cole, who'd, Shawn Pasternak, they're, Derek Guy, HENRY, Guy, Loren Kreiss, they've, Emily Stewart Organizations: MoMA, Kingston University, Playboy, Porsche, Ikea, Democrat, Business Locations: New York City's Queens, Minnesota, ottoman, London, Brooklyn , New York, San Francisco, Brooklyn, Nashville, Los Angeles, Michigan, Washington, It's, I'm

☆ Detroit's 'doom loop' was unlike any other American city. Its downtown is now a model for urban reinvention.
▼ + stars: | 2024-04-28 | by ( John L. Dorman | ) www.businessinsider.com time to read: +4 min

But the city's downtown has one of the most stunning urban reinvention stories in the United States. Downtown Detroit recently hosted the NFL Draft to rave reviews and even broke an attendance record. AdvertisementLast week, more than 775,000 football fans converged in downtown Detroit for three days as the city hosted the NFL Draft. NFL fans near the draft stage at Campus Martius Park in downtown Detroit on April 27, 2024. Downtown Detroit has an abundance of towering, historic buildings that are perfect for office-to-housing conversions and office renovations that have taken hold in downtowns across the country.

Persons: —, Ryan Kang, Spencer Platt, Gen Zs, it's, Dan Gilbert Organizations: Downtown, NFL, Service, Detroit, Nashville, Martius, Renaissance, Miami, General Motors, Getty, Rocket Mortgage, Quicken, GM, Renaissance Center Locations: Detroit, United States, Downtown Detroit, Hudson's Detroit, downtowns

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