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☆ Inside a meeting of Germany’s far-right AfD: Beer, bratwurst and conspiracy
▼ + stars: | 2024-02-08 | by ( Sebastian Shukla | ) edition.cnn.com time to read: +7 min

Outside the hall, people grabbed a beer and a bratwurst before taking their seats inside, ignoring calls from the protesters down the road to come and talk. They came for an evening of conversation with the Alternative fur Deutschland (AfD), Germany’s leading far-right party. To one camp, this meeting represented a call for political change; to the other, a risk to German democracy. The AfD has officially tried to distance itself from the reports, saying it was not an official party meeting. But the AfD knows it has a struggle on its hands, as opponents of the party vow to keep protesting.

Persons: Germany’s, Adam, “, Chris Stern, Bessin, Lars Hunich, Marlon, Berndt, Hans, Christoph Berndt, he’s, ”, Chancellor Olaf Scholz, Scholz, Nouripour, Dr Berndt, Hitler, Conspiracy, wouldn’t Organizations: CNN, Adam Sevens, ”, CNN Coalition of, Green, East Germany –, ” Protesters, Sevens Locations: Brandeburg, Germany, Freienthal, Netherlands, Italy, Berlin, Brandenburg, Potsdam, Brandenburg’s, Frienthal, East Germany, East Germany – Brandenburg, Thuringia, Saxony

☆ Underlying US inflation pressures eased in October, NY Fed says
▼ + stars: | 2023-12-04 | by ( Michael S. Derby | ) www.reuters.com time to read: +2 min

[1/2] A man passes by The Federal Reserve Bank of New York in New York City, U.S., March 13, 2023. REUTERS/Brendan McDermid/File Photo Acquire Licensing RightsNEW YORK, Dec 4 (Reuters) - Underlying inflation pressures eased in October compared to the prior month, according to a report released on Monday by the Federal Reserve Bank of New York. The bank said that its Multivariate Core Trend (MCT) inflation reading for October stood at 2.6%, from September’s 2.88%. The NY Fed MCT index is designed to measure inflation persistence and how broadly price pressures are changing. The NY Fed MCT reading has tracked a broader retreat in price pressures.

Persons: Brendan McDermid, Jerome Powell, John Williams, Powell, Williams, Michael S, Mark Porter, Bill Berkrot Organizations: Federal Reserve Bank of New, REUTERS, NY, New York Fed, Fed, Thomson Locations: Federal Reserve Bank of New York, New York City, U.S, September’s

☆ Fed Chair Powell: Too early to say when to expect rate cuts
▼ + stars: | 2023-12-01 | by ( Bryan Mena | ) edition.cnn.com time to read: +5 min

While Powell and other officials say they’re not even thinking about cutting rates just yet, some investors expect cuts to begin around the middle of next year. With Treasury yields sliding in recent weeks, so have mortgage rates, and rate cuts next year would help that along. Inflation, spending and mortgagesConsumer spending and inflation both eased in October, the Commerce Department reported Thursday. What Fed officials are sayingFed officials have broadly acknowledged that economic conditions are setting the stage for inflation to continue its descent. While some Fed officials have expressed optimism, others remain unconvinced that the Fed’s job is done.

Persons: Jerome Powell, ” Powell, ”, Powell, they’re, Freddie Mac, Christopher Waller, John Williams, “ We’ve, Michelle Bowman, “ Organizations: DC CNN — Investors, Federal, Spelman College, Treasury, Fed, December’s Fed, Commerce Department, ”, Washington . New York Fed, New York Fed Locations: Washington, Atlanta, September’s, America, doldrums, Washington . New, Salt Lake City

☆ Price hikes and spending cooled last month, Fed’s preferred inflation gauge shows
▼ + stars: | 2023-11-30 | by ( Alicia Wallace | ) edition.cnn.com time to read: +4 min

The core PCE price index is at its lowest annual rate since April 2021, marking another step toward the Fed’s target of 2% inflation. When including gas and food prices, the overall PCE index was unchanged last month. Consumer expenditures increased 0.2% last month, a marked pullback from the 0.7% jump seen in September. When taking out inflation, however, the 0.2% real spending in October was down only slightly from September’s 0.3% gain. Holiday uncertaintyThe spending patterns last month align with the ongoing trend of people spending their money more on experiences.

Persons: Bharat Ramamurti, Kayla Bruun, Jill Renslow, Bruun, ” Ramamurti, ” Organizations: Minneapolis CNN, The Commerce Department, Federal Reserve, PCE, National Economic Council, CNN, Consumers, Morning, of, National Retail Federation Locations: Minneapolis, of America, Bloomington , Minnesota

☆ The US economy grew by 5.2% in the third quarter, even faster than previously estimated
▼ + stars: | 2023-11-29 | by ( Bryan Mena | ) edition.cnn.com time to read: +4 min

Washington, DC CNN —US economic growth was even stronger in the third quarter than previously estimated, underscoring the economy’s remarkable resilience in the face of elevated inflation and high borrowing costs earlier this year. Wednesday’s latest reading reflects an even faster pace of growth than the blistering 4.9% rate the department initially estimated. Nonresidential fixed investment, or business spending, was revised up to a growth rate of 1.3% in the third quarter from a decline of 0.1%. Fourth-quarter spending likely won’t be as piping hot, however. Fed officials pay close attention to various facets of the US economy when deliberating monetary policy, including growth.

Persons: ”, Gregory Daco, “, Christopher Waller, American Enterprise Institute . Waller, Michelle Bowman Organizations: DC CNN, Gross, Commerce, Consumer, Adobe Analytics, Institute for Supply Management, Employers, Atlanta Fed, Federal, ”, American Enterprise Institute ., Fed Locations: Washington, EY, Salt Lake City

☆ US home prices hit another record high in September, rising for the eighth straight month
▼ + stars: | 2023-11-28 | by ( Anna Bahney | ) edition.cnn.com time to read: +3 min

Washington, DC CNN —US home prices continued to rise in September, hitting a new record high and marking the eighth consecutive month of increases, according to data released Tuesday. Even as mortgage rates lingered above 7% in September, historically low inventory continued to push up the price of a home. Prices rose 0.7% in September from the month before, according to seasonally adjusted data from the S&P CoreLogic Case-Shiller US National Home Price Index. Compared to a year ago, the national composite index also rose, with prices up 3.9% from September 2022, the data shows. Higher prices and higher mortgage rates led to crushing affordability challenges for homebuyers in September, bringing existing home sales to 13-year lows.

Persons: ”, Craig Lazzara, Dow, Charlotte ,, Hannah Jones, Jones Organizations: DC CNN, Dow Jones, Las, Realtor.com, homebuyers Locations: Washington, Atlanta, Boston, Charlotte, Charlotte , North Carolina, Chicago, Cleveland, Detroit, Miami ; New York, Tampa , Florida, San Diego, New York, Las Vegas, Portland , Oregon, Northeast, Midwest

New home sales fell 5.6% in October, worse than expected, as higher mortgage rates took a bite out of demand. The annual level of sales in October was 679,000, down from September’s substantially revised 719,000 pace, However, sales in October were still up 17.7% from a year ago. October saw a sharp increase in mortgage rates to around 8% for a 30-year fixed rate loan. However, the higher mortgage rates have slowed sales of new homes as well. The recent drop in mortgage rates, with more expected next year, could prove to be a tonic to the market.

Persons: ”, Kelly Mangold, Greg Logan, Lisa Sturtevant, ” “, ” Sturtevant Organizations: Census Bureau, Department of Housing, Urban Development, Builders, RCLCO Real Estate Consulting, MLS Locations: RCLCO, Southern, Northeast, Midwest

☆ Britain solves half of its wind power problem
▼ + stars: | 2023-11-16 | by ( George Hay | ) www.reuters.com time to read: +4 min

REUTERS/Andrew Boyers Acquire Licensing RightsLONDON, Nov 16 (Reuters Breakingviews) - Maybe UK wind isn’t a busted flush after all. Britain needs 50 gigawatts (GW) of offshore wind by 2030, against 14 GW completed now and around 13 GW in development. It will also increase by 52% for floating offshore wind projects, from 116 pounds per MWh to 176 pounds per MWh. In AR6, offshore wind will also be given a separate funding pot in recognition of the high number of projects ready to participate. The UK aims to deliver 50 gigawatts (GW) of offshore wind by 2030, including up to 5 GW of floating offshore wind.

Persons: Andrew Boyers, Sweden’s Vattenfall, Jefferies, Denmark’s, LCPDelta, Neil Unmack, Streisand Neto Organizations: REUTERS, Reuters, Jefferies, Grantham Research, Thomson Locations: Watchfield, Swindon, Britain, British

BANGKOK (AP) — Asian shares have retreated after Wall Street added a bit more to its big rally from a day before, while U.S. futures and oil prices were lower. Biden and Xi emerged from their first face-to-face meeting in a year vowing to stabilize the fraught relationship between the world's two biggest economies. Target helped lead the market with a 17.8% jump after it reported much stronger profit for the latest quarter than analysts expected. Prices at the wholesale level were 1.3% higher in October than a year earlier, and they surprisingly fell from September’s levels. That breathed more life into hopes that inflation is indeed cooling enough for the Fed to halt its barrage of rate hikes.

Persons: Joe Biden, Xi Jinping, Biden, Xi, ” Biden, Hang Seng, ’, retracing, Goldman Sachs, Praveen, Brent Organizations: Nikkei, Dow Jones Industrial, Nasdaq, Federal Reserve, Fed, U.S, Traders, New York Mercantile Exchange Locations: BANGKOK, Shanghai, Seoul, Australia, Japan, India, Bangkok, U.S

☆ Where Are the Country’s Hottest Rental Markets?
▼ + stars: | 2023-11-16 | by ( Michael Kolomatsky | ) www.nytimes.com time to read: +1 min

What are the hottest rental markets in New York these days? The answers may come as a surprise: According to a new national study by RentCafe, as of October, Queens, N.Y., had the highest level of renter activity among the 150 largest metropolitan markets in the United States. But the real dark horse was Buffalo, which came in at No. With higher interest rates keeping potential buyers in the rental market across the country, rental activity and competition have ballooned. Queens was found to be the most popular location for renters looking for apartments on RentCafe.com, with 72 percent fewer available listings compared with last October.

Persons: ”, Alexandra Both Organizations: The Bronx, Bronx, Buffalo, Overland, Minneapolis, Cincinnati Locations: New York, Queens, N.Y, United States, Buffalo, RentCafe.com, Kan, Kansas City, Mo

☆ China’s Retail Spending Picks Up, as Housing Slump Deepens
▼ + stars: | 2023-11-15 | by ( Cao Li | ) www.wsj.com time to read: 1 min

Workers at a logistics center in Hengyang, China, sorting packages for delivery after the Singles Day shopping festival. Photo: str/Agence France-Presse/Getty ImagesHONG KONG—China’s economy showed modest signs of improvement in October as consumer spending picked up, but the country’s prolonged property slump worsened. Retail sales rose 7.6% compared with the same period last year, when stringent Covid lockdowns kept a tight lid on spending activities, according to data released Wednesday by China’s National Bureau of Statistics. October’s sales accelerated from September’s 5.5% year-over-year growth and topped the 7% expected by economists.

Persons: lockdowns Organizations: Agence France, Getty, HONG, China’s National Bureau of Statistics, September’s Locations: Hengyang, China, HONG KONG

☆ US retail sales fell in October for the first time in seven months
▼ + stars: | 2023-11-15 | by ( Bryan Mena | ) edition.cnn.com time to read: +4 min

Washington, DC CNN —Americans cut their retail spending in October for the first time since March, with interest rates at a 22-year high. Retail sales, which are adjusted for seasonality but not inflation, fell 0.1% in October from the prior month, the Commerce Department reported Wednesday. October’s decline in retail spending is potentially an early sign of a slowing economy as US consumers get squeezed by higher borrowing costs and they continue to rack up credit card debt. Car sales fell 1.1% in October from September, while furniture sales declined 2% during the same period. Wednesday’s retail sales report bodes well for the Fed, since it shows spending isn’t reaccelerating or remaining stubbornly strong.

Persons: Jerome Powell, ”, Kathy Bostjancic, Austan Goolsbee, market’s, ” Goolsbee Organizations: DC CNN, Commerce Department, Federal, Nationwide, Reserve, of Labor Statistics, Chicago Fed, Detroit Economic Locations: Washington

☆ What to Watch in the CPI Report: Did Inflation Heat Up or Cool Down Last Month?
▼ + stars: | 2023-11-14 | by ( Amara Omeokwe | ) www.wsj.com time to read: +1 min

Photo: Brandon Bell/Getty ImagesAmericans paid less for gasoline last month, helping keep inflation in check, but underlying price pressures remained steady in October, analysts estimate. Economists surveyed by The Wall Street Journal estimate consumer prices rose 0.1% in October from the prior month and 3.3% from a year earlier. Those economists also think so-called core prices, which exclude volatile food and energy items, rose 0.3% in October from the prior month and 4.1% from a year earlier. At some point, an inflation reading could make the Fed more comfortable with the progress it has made to slow price increases. The Labor Department will release the October consumer-price index report at 8.30 a.m. Eastern time Tuesday.

Persons: Brandon Bell, “, ”, Sarah House Organizations: Getty, Federal, Wall, Labor Department Locations: Wells Fargo

TOKYO (AP) — Asian shares were mostly higher Tuesday ahead of potentially market-moving developments, including a U.S.-China summit and data releases from the U.S., Japan and China. “Asian stocks gained ground as investors awaited U.S. inflation figures, hoping to confirm that interest rates have peaked. But worries remain about whether it can stay solid as the full effects of rate hikes make their way through the system. Economists expect the report to show that consumers paid prices that were 3.3% higher in October than a year earlier, down from September’s inflation rate of 3.7%. General worries about big deficits and the inability of the two parties to work together have helped push Treasury yields higher.

Persons: Australia's, Seng, ” Stephen Innes, Xi Jinping, Joe Biden, Jerome Powell, Powell, It's, it's, Moody’s, Brent Organizations: TOKYO, Nikkei, U.S, Management, Dow Jones Industrial, Nasdaq, Walmart, Federal Reserve, Big Tech, Apple, Microsoft, AAA, New York Mercantile Exchange Locations: U.S, China, Japan, Hong, Shanghai, California

☆ NY Fed finds softer inflation expectations in October
▼ + stars: | 2023-11-13 | by ( Michael S. Derby | ) www.reuters.com time to read: +3 min

A woman passes by The Federal Reserve Bank of New York in New York City, U.S., March 13, 2023. The relative stability of New York Fed expectations data contrasts with that seen in the University of Michigan Consumer Sentiment Survey. It found in November a rise in year-ahead expected inflation to 4.4% from 4.2% in October, with five-year expected inflation up to 3.2%, from October’s 3%. Over the last year and a half the Fed has aggressively raised rates in a bid to cool high inflation. But it kept alive the prospect of more action should inflation not fall further on the path back to 2%.

Persons: Brendan McDermid, there’s, Jerome Powell, Powell, ”, Michael S, Andrea Ricci Organizations: Federal Reserve Bank of New, REUTERS, Consumer, New, New York Fed, University of Michigan Consumer, University of Michigan, Federal, Committee, Thomson Locations: Federal Reserve Bank of New York, New York City, U.S, September’s, New York, York, October’s

The week starts off with a bevy of unpleasant surprises for the markets and the economy but with maybe a hope of good news on the inflation front. “The decline in oil prices will feature prominently in explaining October's CPI and PPI reports. Core CPI likely slowed in October as well, with lower prices of new and used cars, lower airfares, and lower shelter costs all leaning the same way. PPI inflation likely moderated in October, too, with diesel prices following crude oil prices lower, albeit not by as much as gasoline. Powell’s comments were not anything new, but the timing seemed to suggest he was dampening down enthusiasm in the markets.

Persons: Moody’s, Mike Johnson, ”, Bob Doll, Republican Sen, Tim Scott of, David Cameron, Rishi Sunak, Stocks, Bill Adams, Waran Bhahirethan, ” Adams, Jerome Powell spooked, ” Powell, Oliver Rust, Sam Bullard, ” Bullard Organizations: U.S, AAA, Louisiana Republican, GOP, Senate, Crossmark Global Investments, Republican, Tim Scott of South Carolina, Conservative, Analysts, Comerica Bank, PPI, CPI, Federal Reserve, International Monetary Fund, Central Bank, “, Wells Locations: U.S, Louisiana, Tim Scott of South, London, Iraq, Syria, Gaza City, September’s, Israel, Washington

☆ Americans’ attitudes about the economy worsened for the fourth straight month
▼ + stars: | 2023-11-10 | by ( Bryan Mena | ) edition.cnn.com time to read: +3 min

Washington, DC CNN —Americans are becoming gloomier about the economy with interest rates at a 22-year high and economic growth widely expected to slow. That was the fourth consecutive month that sentiment soured, after improving over the summer. Meanwhile, both short-term and long-term inflation expectations worsened this month. Americans’ expectations for inflation rates in the year ahead rose to 4.4% in November, up from October’s 4.2% reading. In a worrisome sign for the Federal Reserve, long-run inflation expectations rose to 3.2% this month, the highest level since 2011.

Persons: Joanne Hsu, Jerome Powell, it’s, ” Powell, Stocks, —, Powell Organizations: DC CNN, University, Federal Reserve, Fed, International Monetary Fund Locations: Washington, Gaza, Ukraine

☆ Stocks week ahead: Here’s how America’s economy could begin to weaken
▼ + stars: | 2023-11-05 | by ( Bryan Mena | ) edition.cnn.com time to read: +8 min

The job market or spending? The spending argument: But there have been instances in which spending weakened before the job market. “I think it starts with the perception of the labor market,” Drew Matus, chief market strategist at MetLife Investment Management, told CNN. The ticket-industry giant said it has sold a record 140 million tickets so far this year, up 17% year-over-year and has already surpassed the 121 million tickets sold in all of 2022. In the third quarter, Ticketmaster sales surged 57% to $833 million and 90 million fee-bearing tickets were sold in the period.

Persons: can’t, ” Shannon Seery, “ It’s, ” Seery, Luke Tilley, ” Tilley, Jerome Powell, ” Drew Matus, ”, Taylor Swift, Parija Kavilanz, Swifties, Taylor, Michael Rapino, Beyoncé, Harry Styles, Bunny, Jonas Brothers, Bruce Springsteen, Lisa Cook, Michael Barr, Jeffrey Schmid, Christopher Waller, John Williams, Lorie Logan, Ralph Lauren, Steve Madden, Phillip Jefferson, Raphael Bostic, Tom Barkin, Christine Lagarde Organizations: CNN Business, Bell, DC CNN, CNN, Employers, Investment Advisors, Companies, National Bureau of Economic Research, CNN Wednesday, Federal, MetLife Investment Management, Ticketmaster, Ryanair, Goodyear, Fed, Reserve Bank of Australia, Uber, Occidental Petroleum, KKR, The Carlyle Group, US Commerce Department, Biogen, Warner Bros, Teva Pharma, The New York Times Company, Armour, SeaWorld, MGM Resorts, China’s National Bureau of Statistics, Sony Group, Astrazeneca, Tapestry, News Corp, US Labor Department, Soho House, National Statistics, European Central Bank, University of Michigan Locations: Washington, Wells, Wilmington, Lyft, Brookfield, Soho

☆ The US economy added 150,000 jobs last month. Here’s what that means
▼ + stars: | 2023-11-03 | by ( Alicia Wallace | ) edition.cnn.com time to read: +7 min

Minneapolis CNN —For several months now, the US labor market has been on a cooling trajectory, and Friday’s jobs report made that even more apparent. The US economy added 150,000 jobs last month, falling below expectations but still notching a solid month of employment growth, according to Bureau of Labor Statistics data released Friday. October’s job growth came in below September’s stronger-than expected but downwardly revised total of 297,000 jobs. Including the estimated 150,000 jobs added last month and the downward revisions to August and September that totaled 101,000 jobs, the United States is averaging 239,000 jobs gained per month so far this year. Where the jobs were — and weren’tBecause of the timing of the striking actions and how the BLS tracks such activity, October is the first jobs report that reflects the massive strike.

Persons: ”, Sung Won Sohn, Nancy Vanden Houten, Jerome Powell, Gus Faucher, Dante DeAntonio, ” DeAntonio, “ It’s, ” Ger Doyle, ManpowerGroup, Amy Glaser, we’ve, “ We’re Organizations: Minneapolis CNN —, of Labor Statistics, SS Economics, Loyola Marymount University, United Auto Workers, Ford, General Motors, UAW, Big, Federal Reserve, Fed, Oxford Economics, BLS, PNC Financial Services, Government, Moody’s, ”, CNN, “ Locations: Minneapolis, United States, Southern California

The economy added 150,00 jobs in October, suggesting a mild slowdown following September’s outsized gain, the Labor Department reported on Friday. Nonfarm payrolls comes in a bit light, downward revisions to previous 2 months and wage growth on the low end. On the margin it feels like it has softened up, but it's still a mighty hot job market,” says Steve Preston, CEO of Goodwill Industries. The Federal Reserve has been looking to the labor market for signs it has reached a better balance between supply and demand than a year ago. Chairman Jerome Powell noted that the labor market has remained strong even as interest rates have risen at a sharp pace over the past year.

Persons: ”, Noah Yosif, Nonfarm payrolls, ” Kathy Jones, it's, Steve Preston, ” Preston, Geno Cutolo, Scott Hamilton, ” Hamilton, Jerome Powell, “ We've Organizations: Labor Department, UKG, ”, Schwab Center, Financial Research, Goodwill Industries, Federal Reserve, Labor Locations: North America

☆ 35,000 workers across 18 casinos will strike on Nov 10 if deal isn’t reached
▼ + stars: | 2023-11-02 | by ( Taylor Romine | ) edition.cnn.com time to read: +1 min

CNN —The Culinary Workers Union Local 226 and Bartenders Union Local 165 will strike on November 10 at 5 am PT if a contract is not agreed by then, they said in a news release Thursday. Thirty-five thousand workers would strike across 18 casino resorts on the Las Vegas Strip if a five-year contract is not reached, the release said. In September, members voted 95% in favor of a strike authorization in Las Vegas, the unions said at the time. The two unions represent 60,000 workers in Las Vegas and Reno, and 53,000 workers were eligible to vote in September’s strike authorization, a release from the unions said at the time. Approximately 40,000 members were working under an expired contract that had ended earlier, they said.

Persons: “, haven’t, ” Ted Pappageorge Organizations: CNN, Culinary Workers Union Local, Bartenders Union, Las, Culinary Union Locations: Las Vegas, Reno

☆ U.S. Job Openings Were Steady in September
▼ + stars: | 2023-11-01 | by ( Santul Nerkar | More About Santul Nerkar | ) www.nytimes.com time to read: +3 min

The Federal Reserve closely monitors job openings to understand whether the economy is running too hot. The overall trend of slowing job openings is a sign that rate increases have cooled the economy, according to experts. Job openings, which reached a record of more than 12 million in March 2022, have trended down, as has the job-quitting rate, while separations have been flat. As openings rose slightly in September, the number of openings per unemployed worker was flat, at 1.5, the same as August. Job openings remain much higher than they were before the pandemic, and the number of unemployed workers per job opening is much lower.

Persons: Julia Pollak, ”, Sarah House, Stephen Juneau, What’s Organizations: Federal Reserve, Fed, ” Fed, Bank of America, Treasury, Labor Department Locations: Wells Fargo, September’s

Do policymakers look back to last week’s report that the nation’s economy grew at a 4.9% rate in September, beating expectations? Or this week’s report on job growth for October due out on Friday after the Fed meeting on Tuesday and Wednesday? On Wednesday, the jobs data onslaught begins with private payroll firm ADP reporting its monthly employment survey for October. Political Cartoons on the Economy View All 602 ImagesWednesday also has the Fed announcing its decision on interest rates. These include adjustments to the Fed’s new regime of higher interest rates for a longer period and the government’s fiscal situation that requires a greater level of debt issuance.

Persons: Jerome Powell, ” Sam Bullard, Wells, ” Bullard, ” Chris Diaz, ”, Louisiana Republican Mike Johnson, Johnson Organizations: Conference Board, Fed, Treasury, Federal, Brown Advisory, Labor Department, McDonalds, Apple, Dow Industrial, Louisiana Republican Locations: Louisiana

Taken as a whole, the figures the government issued Friday show a still-surprisingly resilient consumer, willing to spend briskly enough to power the economy even in the face of persistent inflation and high interest rates. Income growth slowed. Adjusted for inflation, income actually fell slightly. In Friday’s report on inflation, the government also said that consumer spending last month jumped a robust 0.7%. A solid job market has helped fuel consumer spending, with wages and salaries having outpaced inflation for most of this year.

Persons: ”, Michael Pearce, Friday's, Jerome Powell, — Organizations: WASHINGTON, Federal Reserve, Commerce Department, Oxford Economics, Fed

☆ How Henry Taylor Transformed the Way We Look at Ourselves
▼ + stars: | 2023-10-19 | by ( M.H. Miller | ) www.nytimes.com time to read: +111 min

HENRY TAYLOR How the figurative painter made portraiture the dominant mode of art in our era — and changed the way America sees itself. It was Henry Taylor doing Henry Taylor, like a pop star in his Vegas residency phase. A few seasons earlier, for Miu Miu’s spring 2022 collection, Prada delivered raw-edge chino micro-miniskirts belted below the hip bone. Firstview (8); courtesy of Prada PRADA STILL resides in the Milanese apartment where she and her two older siblings, Marina and Alberto, grew up. David Lee/© Fox Searchlight Pictures, via Everett Collection Latifah on “The Equalizer” in 2023.

Persons: Queen Latifah Annette Bening Henry Taylor Miuccia Prada, I’m, Queen Latifah, Henry Taylor, D’Angelo Lovell Williams, Miuccia Prada, Collier Schorr, Annette Bening, Katy Grannan, Delphine Danhier, Rob Talty, Sara Tagaloa, Rahim Fortune, Ian Bradley, Iasia Merriweather, Raisa, Prada, you’ve, YANAGIHARA, HENRY TAYLOR, Taylor, Thom Browne cardigan, ”, “ I’ve, Philando, Diamond Reynolds, Henry Taylor’s “, Mark Dever, Dever, “, ” Dever, Castile, he’ll, Steve Cannon, Cannon, —, ” Taylor, Joshua White, panhandlers —, he’s, Cora, isn’t, He’s, Michelle Obama, Bob Dylan, Alice Coachman, Chuck Berry, Jay, Stanley Williams, Haile Selassie I, there’s, Taylor’s “ Cora, Jeff McLane Taylor, who’ve, — Pablo Picasso, Philip Guston, Henri Matisse, Robert Rauschenberg —, Donald Trump’s, he’d, Picasso, Jordan Casteel, Kerry James Marshall, Jennifer Packer, Amy Sherald, Barack Obama, Michelle, Pharrell Williams, Kendrick Lamar’s, He’d, Emmett Till, Till, Till’s, Dana Schutz, Hannah Black, Schutz, William Styron, Nat Turner, George Jackson, Randy, Jackson, “ George Jackson ”, Dylan, Medgar Evers, Evers, Ku Klux Klan who’d, who’d, Taylor’s “ Cicely, Miles, Sam Kahn, Hershal, Taylor didn’t, Taylor’s, who’s, Bill Traylor, James Jarvaise, Jarvaise, Rauschenberg, Jasper Johns, Louise Nevelson, Frank Stella, Mark Bradford —, Hauser, Wirth —, Michel Foucault, Jacques Derrida, Camarillo, they’re, “ I’m, Carl Lewis ”, Robert Bean, Hershal Taylor, hadn’t, Rodney King, Kathryn Brennan, Sean Bell, Bell, Klaus Biesenbach, James Brown, Brown, shuffles, King James, bro, Johnny Walker, Clint Strozier, George Washington, Cesar Chavez, Chavez, Boycott, “ I’d, Stokely Carmichael, ” D’Angelo Lovell Williams MIUCCIA PRADA, David Cronenberg, Jean, Luc Godard, Dara Birnbaum, Galleria Vittorio Emanuele II, Mario Prada, Patrizio Bertelli, Miu Miu, Guy Marineau, Condé Nast, Homer, “ Prada Marfa, Lauren Weisberger’s, Wears, Drake, Prada hasn’t, Carsten Höller, “ It’s, Suzanne Koller Prada, Suzanne Koller, Gerhard Richter, — Rei Kawakubo, Martin Margiela, she’s, Domenico Dolce, Stefano Gabbana, Donatella Versace, Suzanne Koller “, Francesco Vezzoli, Olivier Rizzo, Ferdinando Verderi, Theaster Gates, Uma Thurman, Frank Ocean, Carla Sozzani, Corso, Vivienne Westwood, Yves Saint Laurent, jolie laide, It’s, “ She’s, Lotta Volkova, Miu Miu’s, Guido Palau, they’d, ‘, Tom Ford, prim, ” Prada, Prada PRADA, Luisa Prada —, Sozzani —, Miuccia’s, Luigi Bianchi, she’d, Godard, Pier Paolo Pasolini, Bertelli, we’re, Lorenzo Bertelli, Giulio Bertelli, ” Francesco Risso, ” Risso, Fabio Zambernardi, “ Bottega, Gaetano Pesce, Saint Laurent, Pedro Almodóvar, Rem Koolhaas, ” James Jean, Frédéric Sanchez, Sanchez, cardigans, Marc Jacobs, Robert Gober, Louise Bourgeois, Gober, Suzanne Koller Prada pongee, — Prada, Milano, Damien Hirst, ” Koolhaas, Koolhaas, Wes Anderson — who’s, Bar Luce, Fondazione Prada —, ” “, Hirst, Prada sighed, ’ ” Prada, Miuccia Prada hasn’t, Raf Simons, Prada’s, Simons, ” Simons, Dior, Calvin Klein, Jil Sander, ” he’d, Miuccia, ’ ”, Andrea Guerra, Lorenzo, ” Miu, Antoneta Alamat, ” Miuccia Prada, Elio Berenett, Saunders, Awar Odhiang, Jonas Glöer, Chloe Nguyen, Estrella Gomez, America Gonzalez, Marie Duhart, Rafael Medeiros, Stefano Poli, Ariel Sadok, Cameron Koskas, Vassili, Alexandra Adams, Vincent Brière, Vira, Natsuki Oneyama, Joel Phillips, Manicurist’s, Akane Kanazawa, Marek Dague, QUEEN LATIFAH, DANA OWENS, She’d, Melle Mel, Big Daddy Kane, D.J.s, Owens, Nikki Giovanni, Octavia E, Butler, M.C.s, Latifah, Jazzy Joyce, MC Lyte, Lyte, ” Latifah, We’re, She’s, Shakim Compere, Norma Kamali, David Yurman, David Webb, Ian Bradley Louis Vuitton, Monie, Gary Gray’s, Tracy Oliver, Kenya Barris, Megan Thee, Viola Davis, it’s, LATIFAH, Michael Jackson, Shakim, Rita Owens, Compere, Rita, scions, Amina, Amiri Baraka, Lauryn Hill, Latifah wasn’t, Lyte’s, Roxanne, Roxanne Shanté, Dana Owens, Danyel Smith, Queen Latifah —, Latifah ”, Tommy Boy, Jada Pinkett 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Nuvany David, Manicurist, Lisa Logan, Derrick Bernard, Casey Jones, Stylist’s, Charles Ndiomu, Tyler Sparling, ANNETTE BENING, Diana Nyad, “ Nyad, Bening’s, Jimmy Chin, Elizabeth Chai Vasarhelyi, Alex Honnold’s, ” Chin, Nyad, Bening, Rada Owen, Owen “, Ralph Lauren, Carrie Fisher’s, Julia ”, Robert Caro, ” Bening, that’s, Delphine Danhier Gabriela Hearst poncho, Dianne Feinstein, Austin Butler, Elvis, manqué, Mike Mills, Nyad ”, Diana, Cillian Murphy, “ Oppenheimer, Kurt Collins, BENING, Tina, Tony, Pierre Choderlos, didn’t, Marquise de Merteuil, Milos Forman’s “, Glenn Close, Valmont, Lisa Cholodenko, Meryl Streep, Alexander McQueen, Forman, Stephen Frears, Myra Langtry, Langtry, Bugsy ”, Warren Beatty, moll Virginia Hill, Reagan, Ben Organizations: Minn, Facebook, Hauser & Wirth, Museum of Contemporary Art, Whitney Museum of American Art, MoMA, Los, Whitney Biennial, Biennial, Black America, New York Times, Louis Vuitton, Black Panthers, U.S ., San, Prison, Ku Klux Klan, Ardmore, New 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Writers Guild of America Locations: Los Angeles, Koreatown, Philando Castile, St, Paul, Oxnard, California, New York, “, Queens, Chicago, Mississippi, U.S, San Quentin, Castile, bro, Naples, East Texas, Ardmore, Alabama, Camarillo, Santa Barbara, Oakland, Oaks, Harlem, York, Long Island City, Spain, Vegas, University of Southern California, Texas, Milan, Canadian, Switzerland, ”, Marfa , Texas, Italian, Belgian, Corso Como, Paris, British, chino, Firstview, Milanese, Alberto, Europe, Italy, —, Taiwanese American, there’s, Manhattan, Koolhaas, Rotterdam, Netherlands, New, Antwerp, Croatian, America, Newark , N.J, Midtown Manhattan, Hudson, Brooklyn, Hit Factory , New York City, NoHo, New York City, Lafayette 148 New York, New Jersey, Newark, Jersey, Baltimore, Milwaukee, Hollywood, “ Chicago, Watts, Havana, Key, Fla, Bening, Dominican Republic, Capitan, Yosemite, San Diego, Simi Valley, Calif, Givenchy, Liverpool, Nyad, Cuba, Florida, San Francisco, Denver, Tina Howe’s, Champagne, 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