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☆ Peer inside Barely Fair, the exhibition where major artists present at miniature scale
▼ + stars: | 2024-04-12 | by ( Jacqui Palumbo | ) edition.cnn.com time to read: +9 min

Roland Miller/Barely FairThat same year, the New York gallery Selenas Mountain showcased Juan Arango Palacios' canvases and woven works. Artists and their galleries are responsible for producing all of the small works, but Barely Fair’s team helps with installation as needed. Roland Miller/Barely FairBarely Fair began as a joke between the co-founders of the artist space Julius Caesar, but they quickly realized its potential as a serious art fair. “And I think that Barely Fair is much more successful at that.”For nascent galleries and artists, Barely Fair is a more accessible way to participate in Chicago’s art week, which draws curators and collectors from around the world. “(It’s) inverting the dynamics of making a monument at small scale,” she said, explaining that Barely Fair “happened to feel almost tailor-made” for her work.

Persons: Anish Kapoor, Barbara Kruger, Yoko Ono, Rebecca Morris, Roland Miller, Juan Arango Palacios, Julius Caesar, ”, Josh Dihle, Tony Lewis, Kate Sierzputowski, ” Miller, “, Ellie Rines, Henry, Daid Puppypaws, Ingrid Olson, Jonas Müller, Miller, Alice Tippit, Evan Jenkins, Julia Fischbach, Fischbach, gallerists, Al Freeman, Rines, Amanda Ross, Ho, Michiko Itatani, Kay Hoffman, Katharine Hamnett, Ross, ” Ross, Price, that’s, Tatjana Pieters, Charles Degeyter, Mae Alphonse Dessauvage, Pieters, ” Pieters, “ I’ve, — Organizations: CNN, Color, Barely, Artists, New, Los, Chicago —, NADA Miami, Miami Art Locations: Chicago, New York, New York City, Los Angeles, Portland, Ross, Belgian, NADA, Ghent, Belgium

☆ Why ether is outperforming bitcoin by nearly 10% so far this year: CNBC Crypto World
▼ + stars: | 2024-02-22 | by ( Jordan Smith | Talia Kaplan | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWhy ether is outperforming bitcoin by nearly 10% so far this year: CNBC Crypto WorldCNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today's show, Rich Rines of Core DAO reacts bitcoin and ether's performance so far this year. Plus, he shares his expectations for the bitcoin halving, spot ether ETFs, and more.

Persons: explainers, Rich Organizations: CNBC Crypto, CNBC

☆ Binance settlement a 'win' for the exchange and the crypto industry: Core DAO contributor Rich Rines
▼ + stars: | 2023-11-24 | by ( Talia Kaplan | Kaan Oguz | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBinance settlement a 'win' for the exchange and the crypto industry: Core DAO contributor Rich RinesRich Rines, contributor at Core DAO, discusses Binance's settlement with U.S. government officials and what is means for the crypto industry. He also weighs in on wether Binance will be able to maintain its dominance as a crypto exchange.

Persons: Rich Rines Rich Rines

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBitcoin crosses $38,000 for the first time in 2023: CNBC Crypto WorldCNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. Rich Rines, contributor at Core DAO, discusses Binance's settlement with U.S. government officials and what is means for the crypto industry. He also weighs in on whether Binance will be able to maintain its dominance as a crypto exchange.

Persons: explainers, Rich Rines Organizations: CNBC Crypto, CNBC

☆ Stocks surge, dollar slumps as traders cheer inflation surprise
▼ + stars: | 2023-11-15 | by ( Tom Westbrook | ) www.reuters.com time to read: +4 min

Overnight the Nasdaq (.IXIC) jumped 2.4%, bonds surged and the dollar slumped more than 1.6% on the euro. Yields fall when bond prices climb. In foreign exchange trade, the dollar suffered its heaviest selling in 12 months, with the sharpest losses against risk-sensitive currencies such as the Australian dollar. In Japan, the Bank of Japan stepped back and pared its regular bond buying as markets rallied. Ten-year Japanese government bond yields hit a one-month low of 0.775%.

Persons: Androniki, Sam Rines, Chetan Seth, Brent Donnelly, Tom Westbrook, Edmund Klamann Organizations: Nikkei, REUTERS, Nasdaq, Federal, CPI, Japan's Nikkei, New Zealand, Nomura, Bank of Japan, Thomson Locations: Tokyo, Japan, SINGAPORE, Asia, Pacific, Texas, U.S, Canada

☆ Asia stocks hit 2-week high as Fed talk turns dovish
▼ + stars: | 2023-10-11 | by ( Tom Westbrook | ) www.reuters.com time to read: +4 min

Bull statues are placed in font of screens showing the Hang Seng stock index and stock prices outside Exchange Square, in Hong Kong, China, August 18, 2023. The S&P 500 (.SPX) gained overnight and MSCI's broadest index of Asia-Pacific shares outside Japan (.MIAPJ0000PUS) rose 1.3% to a two-week high in morning trade. "I actually don't think we need to increase rates anymore," Atlanta Fed President Raphael Bostic told the American Bankers Association, to applause, in Nashville on Tuesday. On Wednesday the Australian and New Zealand dollars hit their highest levels on the dollar since the end of September, while sterling hit a three-week peak. European gas prices, which had jumped on news of the Middle East violence, surged further on Tuesday on concern a gas pipe in Finland was sabotaged.

Persons: Tyrone Siu, Raphael Bostic, Peter Dragicevich, Brent, Vivek Dhar, Sam Rines, Sam Holmes Organizations: REUTERS, Federal Reserve, paring, Japan's Nikkei, Atlanta Fed, American Bankers Association, Treasury, New Zealand, U.S, CPI, Fed, Bloomberg, HK, Benchmark, Samsung, Pepsi, Thomson Locations: Exchange, Hong Kong, China, SINGAPORE, paring U.S, Asia, Pacific, Japan, Nashville, Tuesday's, Israel, Finland, Estonia, Europe, Texas

☆ Stocks stalled as oil surge sets stage for longer US rate peak
▼ + stars: | 2023-09-20 | by ( Tom Westbrook | ) www.reuters.com time to read: +4 min

But at $93.52 a barrel, prices remain up 30% in three months as Saudi Arabia and Russia reduce output. Benchmark 10-year Treasury yields had hit their highest since 2007 at 4.371% overnight and were last at 4.36%. The yen is down 11% on the dollar this year as expectations firm for U.S. rates to stay high and Japanese rates to stay low. The yen hit a 10-month trough of 147.95 to the dollar late last week and it traded at 147.85 on Wednesday. Rising yields have kept a lid on gold prices, with spot gold last trading at $1,929 an ounce.

Persons: Brent, Stocks, Jerome, Sam Rines, Powell presser, Masato Kanda, Eugene Low, Miral Fahmy, Jamie Freed Organizations: Federal Reserve, Brent, FTSE, Japan's Nikkei, Bank of, New Zealand, Thomson Locations: SINGAPORE, Asia, Saudi Arabia, Russia, Pacific, Japan, Hong Kong, China, Texas, Sweden, Switzerland, Norway, Britain, U.S, Singapore, Australia, Argentina

☆ Stocks struggle as oil surge sets stage for hawkish Fed
▼ + stars: | 2023-09-20 | by ( Tom Westbrook | ) www.reuters.com time to read: +4 min

Higher energy costs led to a bigger-than-expected spike in Canadian inflation, overnight data showed, lifting the loonie and triggering selling in the Treasury market. Benchmark 10-year Treasury yields hit their highest since 2007 at 4.371% overnight and were last at 4.36%. The Fed meeting leads a week jammed with central bank meetings and data over the next few days. British inflation figures are due on Wednesday, followed by central bank meetings in Sweden, Switzerland, Norway, Britain and Japan on Thursday. Rising yields have kept a lid on gold prices, with spot gold last trading at $1,929 an ounce.

Persons: Brent, presser, Jerome Powell's, Sam Rines, Powell presser, Masato Kanda, Kristina Clifton, Miral Organizations: Treasury, Federal Reserve, Brent, Nikkei, U.S, STERLING, OF CPI, Bank of, New Zealand, Commonwealth Bank of Australia, Bank of England, Thomson Locations: presser China, SINGAPORE, Saudi Arabia, Russia, Asia, Pacific, Japan, Texas, Sweden, Switzerland, Norway, Britain, U.S, China, Australia, Argentina

☆ Business Is Betting That Consumers Have Gotten Used to High Prices - The New York Times
▼ + stars: | 2023-07-26 | by ( Peter Coy | ) www.nytimes.com time to read: +1 min

When companies’ input costs go up for some reason, the prices they charge their customers go up like a rocket. The example most of us can relate to is the retail price of gasoline. At least in the feather scenario, retail prices do go down. Rines said he coined the term “price over volume” in June 2022 to describe how companies were fighting higher costs at the time. “If you’re profit-maximizing you’re going to do that and you should do that,” he told me.

Persons: Samuel Rines, Rines, ” Organizations: “ Locations: U.S, Houston

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFidelity joins push for spot bitcoin ETF, and Coinbase seeks dismissal of SEC suit: CNBC Crypto WorldCNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today's show, Rich Rines, contributor at CoreDAO, discusses what institutional adoption of crypto means for bitcoin.

Persons: Coinbase, explainers, Rich Rines Organizations: Fidelity, SEC, CNBC Crypto, CNBC

☆ Companies Push Prices Higher, Protecting Profits but Adding to Inflation
▼ + stars: | 2023-05-30 | by ( Talmon Joseph Smith | Joe Rennison | ) www.nytimes.com time to read: +1 min

PepsiCo is not alone in continuing to raise prices. “Everybody knew that the war in Ukraine was inflationary, that grain prices were going up, blah, blah, blah. The Producer Price Index, which measures the prices businesses pay for goods and services before they are sold to consumers, reached a high of 11.7 percent last spring. That rate has plunged to 2.3 percent for the 12 months through April. The price of carbonated drinks rose nearly 12 percent in April, over the previous 12 months.

[1/2] The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, March 10, 2023. Futures also showed expectations rose of the Fed cutting rates noticeably in September, and more deeper by December. "The way we've been trading over the last sessions indicates that the market is more positively positioned with regards to their exposure to Treasuries," Skiba said. The dollar index fell 0.48%, at its lowest in two months, while the yen strengthened 0.55% at 132.41 per dollar. The Aussie dollar rose 1.0% on the back of surprise surges in both Chinese exports, which rose 14.8% compared with last March, and domestic Australian jobs.

☆ Stocks and gold cheer U.S. inflation picture, while dollar slides
▼ + stars: | 2023-04-13 | by ( Amanda Cooper | ) www.reuters.com time to read: +5 min

[1/2] The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, March 10, 2023. The annual 5% headline rise for U.S. inflation was the smallest since May 2021 and down from 9.1% last June. The dollar index was down 0.2%, near its lowest in two months, while U.S. stock futures , rose 0.1-0.2%, suggesting a modest rally at the open. The Aussie dollar rose 0.6% on the back of surprise surges in both Chinese exports, which rose 14.8% compared with last March, and domestic Australian jobs. Alibaba shares (9988.HK) fell by as much as 5% at one stage, but later pared losses to close 2% lower.

☆ Tech drags Hong Kong stocks, dollar squeezed as US inflation slows
▼ + stars: | 2023-04-13 | by ( Tom Westbrook | ) www.reuters.com time to read: +4 min

SINGAPORE, April 13 (Reuters) - Asian stocks struggled on Thursday, dragged by selling in Hong Kong tech shares, while the dollar was under pressure and short-dated bonds were firm as softening U.S. inflation seemed to suggest the U.S. rate hike cycle was nearing its end. MSCI's broadest index of Asia-Pacific shares outside Japan (.MIAPJ0000PUS) slid 0.3%, largely pressured by a 1.5% drop in Hong Kong tech stocks (.HSTECH) in the wake of the Financial Times reporting SoftBank was selling down its Alibaba stake. Alibaba shares (9988.HK) were down 3% in early trade and SoftBank (9434.T) shares flat and neither immediately responded to Reuters enquiries. Elsewhere oil prices held sharp gains made in the wake of the inflation data, with Brent crude futures steady at $87.22 a barrel. Shares of embattled Chinese property developer Sunac China (1918.HK) resumed trade after a more than year-long suspension in Hong Kong, with the company in the midst of a debt restructure.

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