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BEIJING — China's property struggles and U.S. sanctions have significantly affected some of its cities, even as others benefit from Beijing's tech push, Milken Institute's best performing cities China index showed Tuesday. Since 2015, the index has studied China's large- and mid-sized cities for their economic vibrancy and growth prospects. The index looked at a group of 33 large cities and a group of 217 small cities, then ranked them separately. Historically, Wong pointed out, having control of Zhengzhou, Hefei, and Wuhan have been critical to ensuring control of the country. Correction: This story has been updated to reflect that there are 33 large cities and 217 smaller cities in the index.
Persons: Milken Institute's, Perry Wong, Wong Organizations: CNBC ., U.S, CNBC, Wuhan Locations: HANGZHOU, CHINA, China Vanke, Hangzhou, Zhejiang province, China, BEIJING, Zhejiang, Zhuhai, Guangdong, Hong Kong, Dongguan, The, Shenzhen, Beijing, Zhengzhou, Henan province, Hefei, Wuhan, Anhui, Central China's Hubei
Did you have a job, own a home, and have significant investments in the stock market? If the answer was yes to all three, then there's a decent chance you're feeling OK about the current state of your finances. But the job market has slowed over the past year. To be sure, not everyone has enough extra cash to invest in the stock market. This is among the reasons a growing share of Americans have dipped their toes into the stock market.
Persons: , haven't, there's, There's, It's, what's, Roland Hesmondhalgh, he's, Republicans —, Tiffany Bell, didn't, Bell, she's, she'll Organizations: Service, Business, Federal Reserve, University of Michigan, Republicans, Federal Locations: Virginia, Pennsylvania, Houston
I always say that that trip to Spain was my Goldilocks moment: I finally found where I belonged. It took years before I moved to SpainIn my 20s, I didn't see a clear path to living in Spain. AdvertisementAt 26, I moved to Spain to teach English for a year but then returned to Texas. AdvertisementBecoming a citizen felt like a major achievement because I had dreamed of living in Spain since I was 21. Courtesy of Cepee TabibianI would say I adapted pretty quickly to living in Spain since I had visited in the past.
Persons: , Cepee Tabibian, I'm, I've, it's, It's Organizations: Service, Business, New, Facebook, Lake Como Locations: Houston, Spain, Europe, Texas, Netherlands, Madrid, America, Tabibian, Marbella, Austin, Malaga, New York City, Berlin, London, Paris, Barcelona, Valencia, , Spanish, Canada, Lake, Italy
And then, on her second night in Rome, Skyler crossed paths with Giuseppe Morisani in a busy bar. As soon as he met Skyler, Giuseppe started daydreaming about showing her around his home region and – most importantly – introducing her to his mother. He just had one complaint: the lack of Calabrian olive oil. In time, this first spark of an idea became EXAU Olive Oil – a successful olive oil company operated by Giuseppe and Skyler. “I wouldn’t have started EXAU, our olive oil company, if we hadn’t met just that day… I just feel happy.
Persons: Giuseppe Morisani, Skyler Mapes, She’d, Giuseppe, , ” Skyler, Skyler couldn’t, , Skyler, she’d, , Giuseppe didn’t, Skyler didn’t, Giuseppe –, , Giuseppe gushed, who’d, he’d, Calabria Skyler, Giuseppe’s, we’d, didn’t, Giuseppe Morisani Skyler, ” “, ” Giuseppe, Skyler hadn’t, Giuseppe couldn’t, Oprah Winfrey, Olive, we’re, Skyler’s, they’ve, hadn’t, “ I’m Organizations: CNN, Google, CNN Travel, Familia, Fine Arts, Forbes, Olive Oil, US Locations: Rome, Calabria, Barcelona, Spain, Europe, Italy, Calabria –, California, Amsterdam, Netherlands, United States, San Francisco, , Southern Italy, Texas
Signage for the Monetary Authority of Singapore (MAS) is displayed outside the central bank's headquarters in Singapore. The Monetary Authority of Singapore announced that the review group will evaluate measures to "improve the vibrancy" of the Singapore equities market. MAS said on Friday the panel will focus on addressing market challenges, fostering listings, and facilitating market revitalization, as well as enhancing regulations to facilitate market growth and foster investor confidence. It said another key goal will be to identify methods for encouraging private sector participation, including from capital market intermediaries, investors and listed companies. "Improving the attractiveness of Singapore's equities market can therefore enhance Singapore's standing as a vibrant enterprise and financial hub," the MAS said, adding that this will also "[complement] Singapore's innovation and start-up ecosystem, private markets, as well as asset and wealth management sectors."
Organizations: Monetary Authority of Singapore, MAS Locations: Singapore, Singapore's
Hagoromo has been described as "the Rolls-Royce of chalk." The formerly Japanese, now Korean brand's chalk is known for its smooth consistency, its vibrancy, and being nearly dust-free. Luckily, Shin Hyeong-seok, a Korean schoolteacher and former seller of Hagoromo chalk, formed a relationship with the company's president, Watanabe Takayasu, and decided to take over. The transition wasn't easy, but Hyeong-seok's dedication to Takayasu's original formulas and methodology kept the brand alive. We visited Sejongmall, where Hagoromo chalk is made, to find out.
Persons: Hagoromo, Shin Hyeong, Watanabe Takayasu Organizations: Royce, Business Locations: Korean
Read previewKamala Harris is enjoying a moment in the viral sun — with her #KHive surging into the mainstream, admitting they've been "coconut pilled." One coconut emoji too many, and Harris HQ could be veering into cringe, losing the coveted brain rot demographic. They've already started to try to capitalize on the memes — a little: The Harris presidential campaign's official TikTok account posted Charli XCX's Sunday tweet that said: "Kamala is brat." The Kamala HQ bio also reads "ready to provide context," which is a reference to another Harris-related meme. Advertisementkamala IS brat — Charli (@charli_xcx) July 22, 2024(If the coconut and brat references don't make sense to you, a brief explanation: Brat is a reference to Charli XCX's latest album, which has a girls-just-wanna-have-judgment-free-fun vibe.
Persons: , Kamala Harris, they've, Harris, They've, Kamala, kamala, — Charli, Charli, it's, Sen, Bryan Schatz, y8baSx44FL — Brian Schatz, Brandon, Joe Biden, Biden, Charlie Warzel, Trump, Alexandria Ocasio, Cortez —, Hillary Clinton's, Rachel Platten's, Katy Perry, qMYVn1BOtV, Brian Tyler Cohen Organizations: Service, Business, Hawaii, Biden, Convention
Here I am at an event about longevity at my local library, practicing Chado, the traditional Japanese tea ceremony for preparing matcha. Here are the eight foods I always keep in my kitchen and eat every day to live a longer and happier life. Since I was in high school, I have practiced Chado, the traditional Japanese tea ceremony for preparing green tea. For example, I'll throw kombu seaweed into miso soup with some dried mushrooms, or make a salad with seaweeds like wakame and hijiki. I use dried shiitake for overnight dashi (soup stock) with kombu seaweed, miso soup, dressings, vinegar, curry — basically everything.
Persons: Chado, Michiko, Michiko Tomioka, I'm, It's, Ginger Locations: Nara, Japan, New York, hummus
Grant Fisher and Abdihamid Nur compete in the men's 5000 meter final on Day Ten of the 2024 U.S. Olympic Team Track & Field Trials at Hayward Field on June 30, 2024 in Eugene, Oregon. "Their performances at an Olympic Games, in our own World Championships, provide world athletics with broadcast revenue from the International Olympic Committee and at a world championship level," he continued. World Athletics President Sebastian Coe defended his decision to pay prize money to track and field gold medalists for the first time at the Paris Olympics this summer, suggesting that the initiative could be extended to future games. The first phase focused on allocating funds to World Athletics' national governing bodies to support athletes and pay for projects. Coe, who is serving his third term as World Athletics president, deflected rumors that he may be in line to succeed Thomas Bach as IOC president.
Persons: Grant Fisher, Abdihamid Nur, I've, CNBC's Tania Bryer, Sebastian Coe, Coe, Steve Redgrave, Thomas Bach Organizations: Olympic, Hayward Field, Olympic Games, International Olympic Committee, CNBC, Athletics, Paris, Games, BBC, Olympic Committee, IOC, Olympic Committees, World Athletics, Sony Locations: Eugene , Oregon, British, Paris
At first glance, The Crosby, an apartment building that opened in 2020 in Los Angeles’ Koreatown neighborhood, seems like a typical luxury high-rise. And most office buildings have central air conditioning, so the system needs to be replaced with individual cooling and heating systems for each unit. “Only about 15% of office buildings here in the markets that we’re based in are potentially good candidates for office-to-housing conversions,” Sherman said. While that may initially seem like a positive, apartment units need to have access to windows facing the exterior. Local governments aren’t only pushing for office building conversions, though.
Persons: CBRE, Crosby, West, , Jaime Lee, , we’ve, ” Lee, Chris Sherman, ” Sherman, Sherman, you’re, Jason Ward, Ward, Eric Adams, John Watson, ” Watson, Watson, Kelly Wilkinson Organizations: CNN, Moody’s, Texaco, Jamison Group, , Jamison, Sherman Associates, , Local, RAND, Housing, Homelessness, New York City, Pfizer, Indianapolis Star Locations: United States, Los Angeles, Koreatown, West Coast, Minneapolis, New York, New, Indianapolis, , Indiana University's
New York CNN —New York City officials have agreed to restore more than $111 million in funding to libraries and cultural institutions, the City Council announced Thursday. “We are proud to announce a full restoration of funds to both our libraries and cultural institutions in the upcoming budget,” said New York City Mayor Eric Adams in a statement Thursday. More than 174,000 people sent letters to City Hall in support of the “No Cuts to Libraries!” campaign since the cuts were announced in November. “This funding will allow us to resume seven-day service, a priority for many New Yorkers,” the libraries said in a statement shared with CNN. “We are running a library system today on a pre-pandemic funding level that has not kept pace with inflation,” Linda Johnson, president and CEO of Brooklyn Public Library said at the time.
Persons: , , Eric Adams, ” Adams, Adrienne Adams, Mayor Adams, Stephanie Hill Wilchfort, Wilchfort, Brooklyn —, ” Linda Johnson, ” Tony Marx Organizations: New, New York CNN — New, City Council, New York Public, Bronx Zoo, Carnegie Hall, New York City, CNN, Cultural, Museum, Brooklyn, City Hall, Brooklyn Public, New York Public Library Locations: New York, New York CNN — New York City, City of New York, Queens
Read previewWhen Madelyn Driver and her husband began house-hunting, they thought they had a few advantages. The 30-year-old makes over $100,000 working in the tech industry, according to a document viewed by BI — and she said her husband also has a six-figure income. Driver is among a group of Americans with six-figure incomes who are having trouble meeting some of their financial goals. Related storiesOf course, for the majority of Americans who don't have a six-figure income — the average annual full-time salary was about $84,000 as of March — affording a home is even more of a challenge. Driver said their ideal location would have a highly educated population, diversity, plenty of green space, and milder weather than the Northeast.
Persons: , they're, they've, Driver, hasn't, millennials Organizations: Service, BI, Business Locations: Pennsylvania, Colorado, Carolinas, Virginia
New York CNN —President Joe Biden has nominated Christy Goldsmith Romero as chair of the Federal Deposit Insurance Corporation. Goldsmith Romero, a Democrat, served as special inspector general for the Troubled Asset Relief Program at the Treasury Department that was borne out of the Great Recession. As incoming head of the FDIC, she will largely be viewed as the figure responsible for fixing the longstanding problematic culture at the agency. An independent investigation commissioned by the FDIC released in early May confirmed the Wall Street Journal’s reporting from last year. Gruenberg’s exitUnder pressure from the top-ranking Democrat on the Senate Banking Committee, Sherrod Brown of Ohio, Gruenberg announced he would vacate the position once a new chair is confirmed.
Persons: Joe Biden, Christy Goldsmith Romero, Martin Gruenberg, Goldsmith Romero, Goldsmith Romero “, , , wrongdoers, Sherrod Brown of, Gruenberg, Travis Hill Organizations: New, New York CNN, Federal Deposit Insurance Corporation, Democrat, Troubled Asset, Treasury Department, FDIC, , Senate Banking, Republican Locations: New York, , Gruenberg’s, Sherrod Brown of Ohio
Yet, we hardly feel rich." Americans say they'd need to earn $233,000 a year to feel financially secure and $483,000 to feel rich, according to a Bankrate survey conducted in June 2023. For Driver, getting rich isn't only about boosting one's income — it's about reducing one's expenses. To feel "rich," he guessed that he'd need an annual income of about $400,000 to $500,000 a year — more than triple his 2023 earnings. A high income can come with "lifestyle inflation"It's not just high-earning Americans who say they feel far from rich.
Persons: , Driver, they've, hasn't, Christopher Stroup, he's, haven't, he'd, Stroup, Abid Salahi, Salahi Organizations: Service, Business Locations: Pennsylvania, Santa Monica , California, Santa Monica, Cincinnati, Vancouver, Canada
I moved to Los Angeles about five years ago from San Francisco, and I previously lived in New York City and Chicago. LA lacks great parks compared to other cities like San Francisco and New York City. It doesn't feel urban the way cities like NYC or SF do — I don't feel an urban buzz or excitement. I don't feel any sense of communityI don't feel a strong sense of community in LA. Because it's such a driving culture, I don't interact with people as much as I do in other cities I've lived in.
Persons: , Stevie Howell, It's, I've, Frederic Olmstead, Manseen Logan Organizations: Service, Business, San Francisco and New Locations: Los Angeles, San Francisco, New York City, Chicago, California, LA, Venice, San Francisco and, San Francisco and New York City, Southern California, mlogan@businessinsider.com
Jessica Kirshner is an interior designer who moved from Portland to Chicago in August 2023. I'm originally from the Bay Area, and I moved to Eugene, Oregon, in 2015 to study interior architecture. When I graduated, I moved to Portland for a job at a large firm. After three years in Portland, I moved to Chicago in August 2023. I love Chicago.
Persons: Jessica Kirshner, Kirshner, , Jessica Kirshner I'm, Chicago Organizations: Service Locations: Portland, Chicago, Europe, Bay, Eugene , Oregon, LA, San Diego, New York, Oregon, Illinois, There's
But largely, TikTok is a place Black creators found where they could thrive and reach new audiences and customers for their growing businesses. It wasn't that the content wasn't good, Ford said, it was that Instagram "just wasn't a place for Black creators, minority creators, to excel." Some Black creators suspected their Black Lives Matter content was suppressed in 2020 after George Floyd's death ignited a wave of protests. AdvertisementBlack TikTokers have also expressed an "undertone of anti-Blackness" in the platform's algorithm, where white creators benefited from the trends started by Black creators. AdvertisementThis is disheartening, Black creators told BI, because so many top trends and ideas come from their community.
Persons: , Joe Biden, TikTok, Tenyse Williams, It's, Funmi Ford, Ford, Nya, I've, Étienne, Keith Lee, entrepreneurialism, Kahlil Dumas, Dumas, George Floyd's, Jalaiah Harmon, Black TikTokers, Williams, Imani Bashir, Bashir, We're, isn't Organizations: Service, Senate, Business, Consulting, University of Central, Columbia University, George Washington University, Pew Research Center, An, Free, Black, New York Times, Forbes, YouTube, BI Locations: University of Central Florida, Instagram, An Oxford, Atlanta
Maine has a lot of lobsters. It also has a lot of older people, ones who are less and less willing and able to catch, clean and sell the crustaceans that make up a $1 billion industry for the state. Companies are turning to foreign-born workers to bridge the divide. As America overall ages, the state offers a preview of what that could look like economically — and the critical role that immigrants are likely to play in filling the labor market holes that will be created as native-born workers retire. Nationally, immigration is expected to become an increasingly critical source of new workers and economic vibrancy in the coming decades.
Persons: , Ben Conniff Organizations: Companies Locations: Maine, ” Maine
In part, that was because it was just impossible to trace Irish famine immigrants and find out what had happened to them. This is just inconceivable to anyone who had ever thought about the famine Irish given the obstacles that faced them. Biden is one of four US presidents who descended from Irish famine immigrants. The famine immigrants really were the ones who cemented the idea of the American Dream as we understand it today. At the time, the neighborhood was home to the more Irish immigrants than any other part of the city.
Persons: CNN — Tyler Anbinder didn’t, Anbinder, Martin Scorsese, , , “ It’s, ” Anbinder, Richard Ljoenes, , , Patrick’s, there’s, , Michael Sullivan, they’re, Biden, Obama, Reagan, Kennedy, Joe Biden, Kevin Lamarque, He’s, Pope, I, ” Biden doesn’t, George Washington, There’s, you’ve, Alderman John Barry’s, Tyler, Tyler Anbinder, he'd, Chris Langford, can’t, United States —, John Carlin, saloonkeepers, Saint Louis Organizations: CNN, Emigrant Savings Bank, New York Public Library, Irish, George Washington University, St, they’re Catholic, London, Hulton, Murphys, Reuters, New York Tribune, George Washington Bridge, New York Central Railroad, York, New York Public Locations: New York, York, United States, America, Europe, Liverpool, Ireland, County Mayo, Rome, Irish, Manhattan, Yorkers, New, New York City, Chicago, California, Minnesota, Saint
Vizio would no doubt love to reclaim its spot, but the brand's new Quantum Pro 4K QLED TV (VQP65C-84) won't get it there. The Quantum Pro has its advantages, including impressive off-axis viewing and competitive gaming and motion response via its 120Hz panel. Vizio 65-inch Quantum Pro QLED 4K TV Vizio's Quantum Pro is a solid midrange 4K QLED TV with impressive viewing angles for its class. Ryan Waniata/Business InsiderMoving the Quantum Pro from the box to your TV console is relatively simple. Ryan Waniata/Business InsiderGaming with the Quantum Pro is mostly a good time, especially for brighter titles like "God of War: Ragnarok."
Persons: Vizio, Hisense, it's, Ryan Waniata, U7K, Harry Potter, there's, that's, There's, isn't Organizations: Business, Google, Quantum, Shop, Walmart, Dolby, Samsung, Sony, SmartCast, Alexa
Courtesy of Kate BoardmanI've always enjoyed sharing my adventures and experiences, and capturing my life through photos and videos to show the world. Kate Boardman at the summit of Mt. AdvertisementGenerally, I feel quite safe when I'm traveling. Kate Boardman in Australia. Courtesy of Kate BoardmanThrough my content, I hope to show people that the world is not a scary place.
Persons: , Kate Boardman, There's, I've, Kate Boardman I've, It's, Aphantasia, Boardman, Chiang Rai, You've, I'm, it's Organizations: Service, Business, Roger Williams University, White Locations: Massachusetts, Vietnam, Australia, Guatemala, Bahrain, Germany, France, Thailand, Indonesia, Luang Prabang, Laos, Mexico, Cancun, Rio Dulce , Guatemala, Rhode Island, Bali, Cambodia, Mt, Kilimanjaro, Tanzania, Iran, Pink Lake, Kate Boardman Vietnam, Italy, Krabi, I'm
Over the course of several days, The Associated Press interviewed a cross section of voters in Northampton County to ask whether Biden's messaging around the fate of democracy was resonating. These voters represented parts of the very coalition Biden will need to win Pennsylvania again — Black voters, Latinos, independents and moderates from both parties. A Biden campaign spokesperson said the democracy message is central to the campaign but it is not the only one the campaign will use to reach voters. Getting Black voters engaged is going to take more from Biden, she believes, because so far his campaign messages have not resonated. But Lopez thinks messages of fear and Trump imperiling American democracy are essentially meaningless for many of the county's working class voters.
Persons: Raymond Santiago, Joe Biden, Donald Trump, Biden, Santiago isn't, , Trump, ” Biden, Evelyn Fermin, , Curt Balch, Balch, ’ ” Balch, Christian Miller, That's, Miller, ” Miller, Christopher Borick, Harry Truman, Republican Thomas Dewey, ” Borick, Hillary Clinton, Anna Kodama, Kodama, “ That’s, Esther Lee, Lee, Guillermo Lopez Jr, Lopez Organizations: Bethlehem Steel, Hispanic, GOP, Northampton County, Trump, Independence Hall, Associated Press, Biden, Pennsylvania, , Lehigh Hispanic, U.S, Capitol, Biden’s, Republican, Republican Party, Institute of Public, Muhlenberg University, Democrats, NAACP, Lehigh, AP Locations: BETHLEHEM, Pa, Lehigh, Northampton County, Bethlehem, Pennsylvania, Valley Forge , Pennsylvania, America, Philadelphia, New Jersey, Dominican Republic, Hellertown, Nazareth, Northampton, Allentown, Ohio, Europe, Emmaus
NEW YORK (AP) — Shimmer and glimmer with a dash of the majestic was on display Monday as Tory Burch showed her 2024 Fall Winter Collection at New York Fashion week. Inspired by ordinary objects like a lampshade or well-worn coat, Burch set out to redefine the form of her designs with this collection. “I started with the concept of how to make the everyday sublime,” Burch told the Associated Press at a post-show interview. While many of the designs took Burch out of her comfort zone, the one that stood out was the hooded sweater with orange lampshade skirt. Burch says the vibrancy of color juxtaposed with the “beautiful neutral tones” in the collection’s palette.
Persons: — Shimmer, Tory Burch, Burch, , ” Burch, Emily Ratajkowski, Paloma Elsesser, Irina Shayk, we’re, , it’s, AnnaSophia Robb, Natasha Lyonne Organizations: New York, Associated Press, New York Public
Chang Li Hua and Yi Yan Fuei are the stars of "Nai Nai and Wai Po," the Oscar-nominated documentary short now streaming on Disney+ and Hulu. Sean Wang has always believed his grandmothers were movie stars — and now they have an Oscar nomination to prove it. Wang, 29, is a Los Angeles-based filmmaker whose film "Nai Nai and Wai Po" (which translates to "grandma and grandma" in Mandarin Chinese) is up for Best Documentary Short Film for the 96th Academy Awards. The days we spend feeling joy and the days we spend feeling pain are the same days spent. One line from his Nai Nai was particularly resonant: "The days we spend feeling joy and the days we spend feeling pain are the same days spent.
Persons: Chang Li Hua, Yi Yan Fuei, Oscar, Sean Wang, , Wang, Yan Fuei, Wai Po, he'd, Yi, Chang, Yi Yan, There's Organizations: Disney, SXSW Locations: Wai, Los Angeles, Fremont , Calif, New York City, U.S
NEW YORK (AP) — Daisy Ridley doesn’t want audiences to be misled by the title of her new film, “Sometimes I Think About Dying.”Her character, Fran, is, actually, quite funny. The Associated Press recently spoke to Ridley about finding Fran, reprising her role as Rey in a new “Star Wars” film, and perfecting her death stare. RIDLEY: I loved the world and I loved the office but, actually, a lot of that was improvised. It’s going to be so strange because I’m not going to be the baby anymore. So I pretend I’m not fussed at all that I’m, like, next to Harrison Ford (laughs)!
Persons: Daisy Ridley doesn’t, , Fran, Rachel Lambert, Dave Merheje, Ridley, Rey, it’s, RIDLEY, Rachel, I’m, Harrison Ford, Abrams, Colin, there’s Organizations: Associated Press Locations: Portland, Oregon
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