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☆ The Life Cycle of New York Galleries
▼ + stars: | 2023-09-28 | by ( M.H. Miller | ) www.nytimes.com time to read: +10 min

The Life Cycle of New York Galleries What does being the center of the art world do to a neighborhood? BROOME STREET GRAND STREET WOOSTER STREET GREENE STREET MERCER STREET CROSBY STREET HOUSTON STREET CANAL STREET WEST BROADWAY BROADWAY LAFAYETTE STREET PRINCE STREET SPRING STREET opacity=0PRE-1950SIn the early 20th century, the area south of Houston, north of Canal, bounded roughly by West Broadway on one side and Lafayette/Centre Street on the other, was notorious for sweatshops and factory fires. Photo: Bob Adelman1968In 1968, a group called the SoHo Artists Association formed in order to help legalize loft living in manufacturing buildings. The reputations of these dealers helped cement the neighborhood as the center of the New York art world, though SoHo remained, in some ways, sparse. In 1996, the SoHo Grand Hotel opened on West Broadway (the Mercer would open the following year).

Persons: Edward Cavanagh Jr, Robert Moses, Bronx . Walter Albertin, Little Italy —, Jane Jacobs, Fred W, “, Chester Rapkin, Houston —, Allan Tannenbaum, Donald Judd, James Rosenquist, Julie Finch, Frank Stella, John Chamberlain, Claes Oldenburg, Bob Adelman, John Dominis, Paula Cooper, Alan Shields, Judd, Leo Castelli, André Emmerich, Ileana Sonnabend, John Weber, Sam Falk, Sol LeWitt, — Carol Goodden, Tina Girourard, Gordon Matta, Clark —, Sandra Zalman, ” Gordon Matta, Clark’s “ Matta Bones, Clark, Andrew Sarchiapone, Cooper, Moira Hodgson, Pepe Diniz, Peter Gabriel, Mick Jagger, Keith Haring, Tony Shafrazi, Martin Scorsese, — Brooke Alexander, Gruenebaum, Baskerville, Watson, Victoria Munroe, Witkin, ’, Larry Gagosian, Lee B, Ewing, Solomon R, Bill Cunningham, Moss, Mercer, Prada, Michael Moran, OTTO, Bloomingdale’s, Jeffrey Isaac Greenberg, Hauser & Wirth, Marc Payot Organizations: STREET WOOSTER, STREET, STREET CROSBY STREET, WEST BROADWAY BROADWAY LAFAYETTE STREET PRINCE, West Broadway, Cross, Bronx ., of Congress, Interim, Lower, Manhattan, Authority, City Club of New, Houston, Fairweather, James Rosenquist Foundation, ARS, SoHo Artists Association, Student, Broadway, New York Times, New, New York City Landmarks Preservation, Vox Media, New Museum, “, The Times, The New York Times, Guggenheim Museum, Guggenheim, Guggenheim SoHo, Voice, Women’s Action Coalition, Boys ’, Hauser &, Wooster, Adidas, Wirth’s, Hauser, Wirth Locations: Soho, Houston, Canal, Lafayette, Manhattan, Bronx, Hell’s, Little Italy, Lower Manhattan Expressway, City Club of New York, New York City, , New York, Vietnam, SoHo, York, , New York City , New York, Wooster, New York, French, Sixth, Prince, West Chelsea

BEIJING (AP) — China and Zambia upgraded their relationship to a comprehensive strategic cooperative partnership on Friday, the latest move by America's chief global rival to forge deeper ties with the Global South. Chinese President Xi Jinping and his Zambian counterpart announced the agreement shortly after Xi had exchanged cordial words with another visitor, the new prime minister of Cambodia. China has in turn won access to natural resources and diplomatic support from many Global South countries on contentious votes at the U.N. and from Cambodia in China’s territorial disputes with other Southeast Asian nations in the South China Sea. Cambodian Prime Minister Hun Manet made China his first official foreign visit after succeeding his father, Hun Sen, who ruled Cambodia for 40 years and cultivated his country's close relationship with China. Xi told Hun Manet that his father had made historic contributions to bilateral ties.

Persons: Xi Jinping, Xi, ” Xi, Hakainde Hichilema, Hichilema, Nicolás Maduro, ”, Edward Chan, South Africa —, Hun Manet, Hun Sen, Hun, Alfred Wu, National University of Singapore's Lee, “, Wanqing Chen Organizations: BEIJING, Global, Zambian, Australian National University, “, United Arab, Initiative, Cambodian, U.S, Ream Naval Base, National University of Singapore's, National University of Singapore's Lee Kuan Yew, of Public, Associated Press Locations: China, Zambia, Cambodia, Africa, Southeast Asia, Latin America, U.S, Zambian, Brazil, Russia, India, South Africa, Saudi Arabia, Iran, United Arab Emirates, Argentina, Egypt, Ethiopia, Afghanistan, South China, Cambodian, Beijing, ASEAN

☆ What is shadow banking? Unpacking the risks for China
▼ + stars: | 2023-09-14 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +6 min

China Photos | Getty Images News | Getty ImagesBEIJING — China's real estate problems have again drawn attention to the world of shadow banking and the risks it poses to the economy. Shadow banking — a term coined in the U.S. in 2007 — refers to financial services offered outside the formal banking system, which is highly regulated. Estimates of the size of shadow banking in China vary widely, but range in the trillions of U.S. dollars. Shadow banking and real estateChina's property sector, an estimated one-fourth of the economy, lies at the intersection of shadow banking, local government finances and household assets. "These trust companies were basically part of the shadow banking system in China."

Persons: —, Logan Wright, Wright, Shimao, PwC, Edward Chan, Nomura Organizations: Getty, BEIJING, Developers, Logan Wright Center for Strategic, Center for Strategic, Studies, PricewaterhouseCoopers, CNBC, CSIS Locations: Shanghai, China, U.S

☆ A paralyzed woman couldn't speak for more than 20 years. With AI, now she can — just by thinking.
▼ + stars: | 2023-09-11 | by ( Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +4 min

A development in neurotechnology has given a stroke survivor her voice back after nearly 20 years. The woman had a brain stem stroke that left her paralyzed and unable to speak at age 30. Her new implant uses AI to decode brain signals and convert them to computerized speech. AdvertisementAdvertisementThe neurotechnology uses artificial intelligence to decode the woman's brain signals while she tries to speak. It's amazing I have lived this long; this study has allowed me to really live while I'm still alive!"

Persons: Ann Johnson, Johnson, hasn't, Dr, Edward Chang, Chang, Neuroengineering, didn't, I'm Organizations: Service, Nature, University of California San, University of California, of California San, UCSF, UCB, Austria's, Bio, German Research Foundation, United Nations Locations: neurotechnology, Wall, Silicon, University of California San Francisco, University of California Berkeley, of California San Francisco, UCSF, Austrian, United

"We think the situation is probably getting a little bit worse because of this Country Garden incident," Chan told CNBC in a phone interview Thursday. The debt troubles at Country Garden and the uncertainty of government support are feeding into broader unease in the Chinese housing market. Louise Loo Oxford EconomicsThe Chinese property sector has been reeling since 2020, when Beijing cracked down on the debt levels of mainland property developers. Chan said S&P's bear case for China's property sector is for 11 trillion yuan in sales this year, and 10 trillion yuan for 2024. Land sales divergenceAs China's property sector consolidates amid the debt and credit malaise, state-owned developers are better positioned to grow than non-state ones.

Persons: Edward Chan, Chan, Evergrande, Louise Loo, Global's Chan, That's, China's, Gary Ng Organizations: Future Publishing, CNBC, JPMorgan, Louise Loo Oxford, Oxford Economics, Natixis Corporate, Investment Banking Locations: Chengdong, Hai, City, East China's Jiangsu Province, China, U.S, China's, Beijing

What shocks the crowd is not the apparent self-mutilation, but rather the fact that he appears to come away unscathed. Then he returned to beating himself with his sledgehammer, studiously pounding every joint in his arm to the winces of onlookers. "It's all real, nothing fabricated," said Edward Carbonell, who watched Tomasen in awe. "I want to be remembered as someone who pushed the limits of what was possible," he said. Reporting by Anett Rios and Alexander Frometa; editing by Jonathan OatisOur Standards: The Thomson Reuters Trust Principles.

Persons: Lino Tomasen, Mike Tyson, Tomasen, Edward Carbonell, Anett Rios, Alexander Frometa, Jonathan Oatis Organizations: Reuters, Thomson Locations: HAVANA, Havana, Cuban, Mexico City, Cuba

☆ MLB roundup: D-backs best Braves in 29-run game
▼ + stars: | 2023-07-19 | by ( ) www.reuters.com time to read: +11 min

Emmanuel Rivera homered and Ketel Marte had three hits and three RBIs for Arizona, which snapped a four-game losing streak. The D-backs prevailed in the wild contest despite the efforts of Atlanta's Austin Riley, who homered twice and had a career-high seven RBIs. Arizona tied the game at 13-13 with two outs in the eighth when Dominic Canzone delivered an RBI single for his first career hit. Jonathan India homered and fell just a triple shy of the cycle for the Reds, who lost their fifth straight game. Rockies 4, Astros 3Kris Bryant and Ryan McMahon hit consecutive home runs in the first inning and Colorado beat Houston in Denver.

Persons: Christian Walker, Brett Davis, Geraldo Perdomo, Emmanuel Rivera, Ketel Marte, Miguel Castro, Kevin Ginkel, Atlanta's Austin Riley, Orlando Arcia, Sean Murphy, Dominic Canzone, Perdomo, Raisel Iglesias, Marte, Alex Kirilloff, Bailey Ober, Edouard Julien, Kyle Farmer, Carlos Correa, Eugenio Suarez, Bryan Woo, Wilmer Flores, Flores, Monday's, Barry Bonds, Joey Votto, Jake Fraley, Will Benson, Christian Encarnacion, Strand, Joc Pederson, Pederson, Brett, Michael Conforto, Ian Gibaut, Tyler Rogers, Camilo Doval, Jonathan India, Ryan Noda, JJ Bleday, Luis Medina, Sam Long, Shintaro Fujinami, Sam Moll, Trevor May, Joe Jacques, Noda, Aledmys Diaz, Bleday, Patrick Wisdom's tiebreaking, Seiya Suzuki, Suzuki, Miguel Amaya, Mike Tauchman, Nico Hoerner, Miles Mastrobuoni, Lane Thomas, Corey Dickerson's, Francisco Alvarez, Brett Baty, DJ Stewart, Jeff McNeil, Tommy Pham, Francisco Lindor, Pete Alonso, Yasmani Grandal, Jake Burger, Tim Anderson, Josh Naylor, Josh Bell, Logan Allen, Amed Rosario, Myles Straw, Allen, Connor Joe, Mitch Keller, Kyle Schwarber, Bryson Stott, Schwarber, Julio Teheran's, Aaron Nola, Andruw Monasterio, Brice Turang, Mickey Moniak, Patrick Sandoval, Shohei Ohtani, Domino, Gleyber Torres, Juan Soto, Joe Musgrove, Manny Machado, Gary Sanchez, Trent Grisham, Musgrove, Bo Bichette, Alek Manoah, Jason Heyward, Michael Grove, Will Smith, Freddie Freeman, Aaron Hicks, Tyler Wells, Baltimore's, Nolan Arenado, Brendan Donovan, Louis, Jordan Montgomery, JoJo Romero, Edward Cabrera, Jon Berti, Dairon Blanco, Maikel Garcia, Edward Olivares, Spencer Torkelson, Javier Baez, Marcus Semien, Corey Seager, Nathan Eovaldi, Taj Bradley, Travis Jankowski, Randy Arozarena, Brandon Lowe, Kris Bryant, Ryan McMahon, McMahon, Fernando Abad, Justin Lawrence, Alex Bregman Organizations: Arizona Diamondbacks, Atlanta Braves, USA, Arizona, Mariners, Minnesota, Seattle, Twins, Giants, Reds, Cincinnati, San Francisco, Athletics, Red Sox, Oakland, Boston, Cubs, Nationals, Chicago, Pittsburgh Pirates, Washington, Mets, White Sox, New, Pirates, Cleveland pummeled, Guardians, Phillies, Brewers, Philadelphia, Milwaukee, Yankees, Padres, Blue Jays, Diego, Toronto, Dodgers, Orioles, Los Angeles, Baltimore, Marlins, Cardinals, Royals, Tigers, Kansas City outslugged, Rangers, Rays, Texas, Tampa Bay, Astros, Colorado, Houston, Rockies, Thomson Locations: Atlanta , Georgia, USA, Truist, Arizona, Seattle, Francisco, San Francisco, Medina, Washington, New York, Cleveland pummeled Pittsburgh, Angeles, Anaheim , Calif, Sandoval, St, Miami, Kansas City outslugged Detroit, Arlington , Texas, Semien, Denver

☆ Eric Adams Names Edward Caban as NYPD Commissioner
▼ + stars: | 2023-07-17 | by ( Erin Ailworth | ) www.wsj.com time to read: 1 min

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/eric-adams-names-edward-caban-as-nypd-commissioner-22796080

Persons: Dow Jones, eric, adams

Edward Caban, who grew up in the Bronx as the son of a Puerto Rican transit police detective, on Monday became the first Latino officer to lead the New York Police Department in its 177-year history. Mayor Eric Adams announced the appointment of Mr. Caban, who had been serving as acting police commissioner, in a morning news conference in front of the 40th Precinct in the South Bronx, where Mr. Caban began his career as a police officer in 1991. The move came just over a month after Commissioner Keechant Sewell, the first woman to serve in the role, resigned after only 18 months, frustrated in her attempts to act with autonomy. Mr. Caban, who had previously served as first deputy commissioner, had remained close to the mayor through Commissioner Sewell’s tenure. He will oversee roughly 36,000 officers and 19,000 civilian employees.

Persons: Edward Caban, Eric Adams, Caban, Keechant Sewell, Sewell’s Organizations: New York Police Department Locations: Bronx, Puerto Rican, South Bronx

☆ New York mayor names city's first Hispanic police commissioner
▼ + stars: | 2023-07-17 | by ( ) www.reuters.com time to read: +1 min

[1/3] New York City Mayor Eric Adams and First Deputy Commissioner Edward Caban stand outside the 40th precinct on the day Adams announces Caban as his choice to be the next New York City Police Department (NYPD) Commissioner, in the Bronx borough of New York City, New York, U.S., July 17, 2023.... Read moreJuly 17 (Reuters) - New York Mayor Eric Adams on Monday appointed Edward Caban as the city's police commissioner, making him the first Hispanic to hold the post in its 178-year history. Adams, himself a former New York City police captain, introduced Caban, 55, as the city's police commissioner during a news conference at a precinct house in the Bronx, the New York City borough where Caban started his career as a rookie police officer in 1991. Caban will head the largest police department in the United States, overseeing some 35,000 uniformed offices and 18,000 civilian employees. Caban has served as acting police commissioner since Keechant Sewell resigned last month after serving 18 months in the job. Reporting by Brendan O'Brien in ChicagoOur Standards: The Thomson Reuters Trust Principles.

Persons: Eric Adams, Edward Caban, Adams, Caban, Read, Keechant Sewell, Brendan O'Brien Organizations: New, New York City, New York City Police Department, NYPD, New York, Thomson Locations: New York, Bronx, New York City , New York, U.S, New, New York City, United States, Chicago

☆ New York City shootings: Gunman riding scooter kills 1, injures 3 in Queens and Brooklyn, NYPD says
▼ + stars: | 2023-07-08 | by ( Nic F. Anderson Artemis Moshtaghian Ashley R. Williams | Nic F. Anderson | Artemis Moshtaghian | ) edition.cnn.com time to read: +3 min

CNN —One person died and three others were wounded Saturday in a string of shootings in Brooklyn and Queens that New York police described as “random” in nature. A gunman riding an illegal scooter without a license plate opened fire at five different locations in Jamaica, a neighborhood in the Queens borough, and in Brooklyn, according to the New York Police Department. As he’s driving on his scooter, he’s randomly shooting people.”Shell casings appear at one of the crime scenes where four people were shot in separate shooting incidents in New York City on July 8, 2023. But numerous witnesses reported seeing a man riding a scooter “randomly firing at a group of people,” Kenny said. NYPDLess than a minute later, the suspect shot a 63-year-old man in his right shoulder, Kenny said.

Persons: ”, Joseph Kenny, he’s, Kyle Mazza, Kenny, ” Kenny, Edward Caban Organizations: CNN, New, New York Police Department, AP Police, Authorities, Police, NYPD Locations: Brooklyn, Queens, New York, Jamaica, New York City, New York . New York City

☆ UK could borrow a leaf from Canada’s mortgage book
▼ + stars: | 2023-07-07 | by ( Edward Chancellor | ) www.reuters.com time to read: +6 min

The amount of mortgage debt rose even more sharply. This would require lenders to fix total monthly payments – of both interest and principal – relative to the outstanding mortgage balance. When interest rates rise sharply, as is happening now, repayments might be less than the monthly interest bill. The amount of mortgage debt outstanding would then increase as unpaid interest is added to the principal – a situation known as “negative amortisation”. Since borrowers always hand over a proportion of their income, mortgage payments wouldn’t shrink when interest rates decline.

Persons: Irving Fisher, ”, “, Neal Hudson, Michael Gove, Patrick Macaskie, Victor Dodig, Edward Chancellor, Peter Thal Larsen, Oliver Taslic Organizations: Reuters, Bank of England, Office, National Statistics, Bank of, Fiscal Studies, Canadian Imperial Bank of Commerce, CIBC, Reuters Graphics, Thomson Locations: United Kingdom, ”, Britain, England, Bank of England, United States, Canada

☆ Shootings in New York Drop by a Quarter as Surge of Violence Eases
▼ + stars: | 2023-07-06 | by ( Hurubie Meko | ) www.nytimes.com time to read: 1 min

Shootings in New York City dropped by about 25 percent through the first half of this year compared with the same period last year, extending a downward trend after a spike in violent crime during the pandemic. The sharp drop, which mirrored similar decreases across the United States, came amid widespread fears about crime in the city, which officials have blamed for keeping workers and suburbanites cloistered in their homes. At a briefing on Thursday, Edward Caban, the acting police commissioner, said that shootings had declined for 13 consecutive weeks. The numbers were released at the beginning of summer, when violence historically rises, but he said he was “confident” that the department’s positive streak would continue in the summer. “From the beginning of this administration, we made the fight against gun violence our top priority.”

Persons: Edward Caban, Mr, Caban, “, ” Locations: New York City, United States

Edward Caban, the New York Police Department’s first deputy commissioner and an ally of Mayor Eric Adams, will become the interim head of the agency, the mayor said Friday. “There’s a natural process in place that the first deputy commissioner falls in line until we make a permanent announcement on who the commissioner is going to be,” Mr. Adams said during a radio appearance on 1010 WINS. “And we are going to find a suitable replacement.”The announcement coincided with the last day in office of Keechant L. Sewell, the department’s first Black and first female commissioner, who abruptly announced her resignation two weeks ago, after finding that her powers had been circumscribed by the mayor and his allies. Her departure is one of a wave of high-level officials exiting the still-young administration. The mayor has also lost or is losing his chief housing officer, Jessica Katz, in the midst of a housing crisis; his social services commissioner, Gary Jenkins, in the midst of a record-setting homelessness crisis; his chief counsel, his communications director, his chief efficiency officer, his buildings commissioner and his chief of staff.

Persons: Edward Caban, New York Police Department’s, Eric Adams, “, Mr, Adams, Sewell, Jessica Katz, Gary Jenkins Organizations: New York Police

☆ Interest rates have broken the global wealth pump
▼ + stars: | 2023-06-23 | by ( Edward Chancellor | ) www.reuters.com time to read: +7 min

Rising inflation and higher interest rates would appear to make matters even worse. In the United States, immigration and the offshoring of manufacturing has undercut the power of labour. Ultra-low interest rates proved the greatest wealth pump ever devised, loading the dice in favour of the financial elite. Since the turn of the century, when the Federal Reserve under Alan Greenspan reduced interest rates to a new post-war low, wealth has consistently grown faster than GDP. That’s where higher interest rates come in.

Persons: Leonard Cohen, Peter Turchin, “ cliodynamics ”, Clio, Turchin, Hong Xiuquan, Andrew Carnegie, Henry Clay Frick, ”, Donald Trump, ” Turchin, Alan Greenspan, Peter Thal Larsen, Oliver Taslic Organizations: Reuters, Times, Elites, Steel, Reuters Graphics Reuters, Wall Street, Federal Reserve, McKinsey Global Institute, McKinsey, Thomson Locations: United States, France, China, Taiping, Japan

☆ Lessons from the original Industrial Revolution
▼ + stars: | 2023-06-09 | by ( Edward Chancellor | ) www.reuters.com time to read: +7 min

These are brilliantly described by Martin Hutchinson, a former Breakingviews columnist, in his new book “Forging Modernity: Why and How Britain Developed the Industrial Revolution”. In fact, several pioneers of the Industrial Revolution were self-taught. The Industrial Revolution can be viewed as the world’s first successful energy transition. The task of financing the Industrial Revolution fell to banks that were scattered across the country, some 800 in all. We are so accustomed to the economic growth sparked by the Industrial Revolution that we tend to view economic expansion as pretty much inevitable.

Persons: Martin Hutchinson, King Charles I, Charles, Duke, Bridgewater, Hutchinson, Josiah Wedgwood, Trent, Samuel, Richard, Adam Smith, William Pitt the Younger, Lord Liverpool, Smith, ”, “, Adam Smith’s, Peter Thal Larsen, Oliver Taslic Organizations: Reuters, Royal Society, Industrial, Nations, Reuters Graphics Reuters, Government, Dudley, Thomson Locations: Britain, England, British, Manchester, Birmingham, Bridgewater, Mersey, Samuel Whitbread’s, West Indies, Netherlands, United Kingdom

☆ Ron Insana says an AI bubble may be forming, but we're not there yet
▼ + stars: | 2023-06-09 | by ( Ron Insana | ) www.cnbc.com time to read: +4 min

How to trade it Let's remember the elements of a bubble, as defined by many market historians who have written about such financial market phenomena (myself included). The public increasingly has been buying related tech stocks and associated ETFs, but we have yet to see the single-minded focus of the entire stock buying world come to bear on AI stocks. In 1999 alone, some 456 stocks went public at the height of the internet mania. If there is to be a bubble in AI, it's the early days. Also, "easy money" from the Federal Reserve, a key component of financial frenzies, is not fueling speculation in publicly traded AI shares, or any other asset class for that matter.

Persons: Jaap Arriens, Charles MacKay, John Kenneth Galbraith, Edward Chancellor, Charles Kindleberger, David Faber Organizations: Nurphoto, Nvidia, Microsoft, Google, Oracle, Adobe, Fund, Nasdaq, CNBC, Federal Reserve Locations: Sea, Mississippi, England, France

☆ MLB roundup: Reds down Dodgers in thrilling fashion once again
▼ + stars: | 2023-06-08 | by ( ) www.reuters.com time to read: +9 min

The Twins wasted a strong start by Pablo Lopez, who allowed just one run on five hits over seven innings. Oakland starter Hogan Harris (1-0), making his first major league start, allowed three runs in five innings. Kutter Crawford (1-3) gave up three runs (two earned) on five hits with three strikeouts over three-plus innings. San Francisco starter Logan Webb Webb gave up four runs on eight hits in 5 1/3 innings. Colorado starter Connor Seabold allowed two runs on two hits, walked two and struck out four in six-plus innings.

Persons: Will Benson, Katie Stratman, TJ Hopkins, Benson, Evan Phillips, Alexis Diaz, Phillips, Mookie Betts, Elly De La Cruz, Randy Arozarena, Jhoan Duran, Isaac Paredes, Pablo Lopez, Alec Burleson, Louis, Jon Gray, Jack Flaherty, Jordan Hicks, Giovanny Gallegos, Ryan Helsley, Ryan Noda, Jace Peterson, Brent Rooker, Jonah Bride, JJ Bleday, Hogan Harris, Rodolfo Castro, Roansy Contreras, Juan Soto, Gary Sanchez, Soto, Sanchez, Michael Wacha, George Kirby, Jesus Sanchez, Luis Arraez, Edward Cabrera, Jordan Lyles, Corbin Carroll, Zach Davies, Emmanuel Rivera, Ketel Marte, Carroll, Davies, Joey Meneses, Dominic Smith, Patrick Corbin, Chris Bassitt, Alejandro Kirk, Bo Bichette, Brandon, Yordan Alvarez, Ronel Blanco, Amed Rosario, Josh Naylor, Josh Bell, Tanner Bibee, Rafael Devers, Kutter Crawford, Michael Harris II, Harris, Nick Anderson, A.J, Minter, Brooks Raley, Pete Alonso, Charlie Morton, Joey Wiemer, Corbin Burnes, Willy Adames, Dean Kremer, Austin Slater, LaMonte Wade Jr, Taylor Rogers, Camilo Doval, Logan Webb Webb, Nolan Jones, Ezequiel Tovar, Connor Seabold Organizations: Cincinnati Reds, Los Angeles Dodgers, Great, Cincinnati, Dodgers, Reds, Rays, Tampa, Minnesota, Cardinals, Rangers, Texas, Athletics, Pirates, Oakland, Pittsburgh, Padres, Mariners, San, Marlins, Royals, Miami, Kansas City, Diamondbacks, Nationals, Arizona, Washington, Blue Jays, Astros, Toronto, Houston, Brandon Belt, Red Sox, Cleveland, Boston, Braves, Mets, National League, Brewers, Orioles, Baltimore, Giants, Rockies, Colorado, Colorado ., Thomson Locations: Cincinnati , Ohio, USA, Los, St . Petersburg, Fla, Bay, Minnesota, Arlington , Texas, San Diego, Seattle, Atlanta, New York, Milwaukee, San Francisco, Denver, Colorado . San Francisco, Colorado

☆ MLB roundup: Mookie Betts belts 2 HRs as Dodgers blast Yankees
▼ + stars: | 2023-06-03 | by ( ) www.reuters.com time to read: +11 min

Dodgers left-hander Clayton Kershaw (7-4) matched his season high with nine strikeouts over seven innings while allowing two runs on four hits and one walk. Luis Severino (0-1) was tagged for seven runs on nine hits over four innings. Mariners starter Luis Castillo (4-3) was the hard-luck loser after allowing one run on five hits with six strikeouts over seven innings. Rosario had three of Atlanta's seven hits. Kansas City starter Jordan Lyles allowed one run and two hits in five innings, striking out eight and walking one.

Persons: Mookie Betts, Kirby Lee, Max Muncy, Betts, J.D, Martinez, Clayton Kershaw, Freddie Freeman, Josh Donaldson, Giancarlo Stanton, Luis Severino, Yordan Alvarez, Corey Julks slugged, Framber Valdez, Valdez, Ohtani, Mike Trout, George Springer, Daulton Varsho, Chris Bassitt, Bo Bichette, Whit Merrifield, Justin Verlander, Jon Gray, Gray, Will Smith, Julio Rodriguez, Luis Castillo, Robbie Grossman, Jorge Polanco's, Polanco, Bailey Ober, Will Brennan, Myles Straw, Jameson Taillon, Dansby Swanson, Ian Happ's, outdueled, Michael Wacha, Taillon, Mark Leiter Jr, Juan Soto, Manny Machado, Jake Cronenworth, Xander Bogaerts, Merrill Kelly, Kelly, Eddie Rosario, Miguel Castro, Charlie Morton, Rosario, Ke'Bryan Hayes, Josh Palacios, Louis . Hayes, Carlos Santana, Roansy Contreras, Yohan Ramirez, Brendan Donovan, Nolan Arenado, Nolan Gorman, Louis, Jack Flaherty, Giovanny Gallegos, Andruw Monasterio, Stuart Fairchild's grounder, Curt Casali, Bryse Wilson, Edward Cabrera, JJ Bleday, Jesus Sanchez, Luis Arraez, Lane Thomas, Washington, Jeimer Candelario, Luis Garcia, Alex Call, Thomas, Nick Castellanos smacking, Dalton Guthrie, Zack Wheeler, Tim Anderson, Andrew Benintendi, Eloy Jimenez, Mike Clevinger, Keynan Middleton, Kendall Graveman, Reese Olson, Olson, Ryan McMahon, Elias Diaz, Chase Anderson, Brent Suter, Edward Olivares, Drew Waters, MJ Melendez, Jordan Lyles, Gunnar Henderson, Dean Kremer, Kremer, Felix Bautista, Casey Schmitt, Logan Webb Organizations: Los Angeles Dodgers, New York Yankees, Dodger, USA, Dodgers, Yankees, Astros, Houston, Los, Angels, Blue Jays, Mets, Toronto, New, Rangers, Mariners, Seattle, ., Cleveland, Twins, Guardians, Cubs, Padres, Chicago, San, outdueled Padres, National League, Diamondbacks, Braves, Arizona, Atlanta, Cardinals, Pittsburgh, Pirates, Brewers, Reds, Milwaukee, Cincinnati, Great American, National League Central, Ball, Marlins, Athletics, Miami, Oakland, A's, Nationals, Phillies, Philadelphia, White Sox, Tigers, Detroit, Triple, Royals, Colorado, Kansas City, Rockies, Arizona Diamondbacks, Orioles, Giants, Baltimore, San Francisco, Thomson Locations: Los Angeles , California, USA, Los Angeles, Toronto, Texas, Arlington , Texas, . Texas, Minnesota, Minneapolis, San Diego, Phoenix, Oakland, Detroit, Toledo

☆ Central bankers face a balance sheet reckoning
▼ + stars: | 2023-05-26 | by ( Edward Chancellor | ) www.reuters.com time to read: +7 min

LONDON, May 26 (Reuters Breakingviews) - Central banks’ balance sheets have exploded in size since 2008. That’s not a problem, we’re told, since central banks are not bound by ordinary accounting rules. Ferguson and his colleagues examined fourteen central bank balance sheets over a period of 400 years. Central bank hawks on the other hand, are typically slow to expand their balance sheets during crises. Central banks with weak balance sheets are less credible bastions of a fiat currency.

☆ Private equity is being squeezed from all sides
▼ + stars: | 2023-05-12 | by ( Edward Chancellor | ) www.reuters.com time to read: +8 min

But this time around there’s a lot more private equity money chasing a limited number of opportunities. So private equity funds could face the prospect of a prolonged period of higher borrowing costs, lower valuations, and depressed investment returns. The birth of private equity coincided with the Reagan administration’s policy of relaxing regulations and tax cuts. Recent high profile corporate bankruptcies owned by private equity include car-rental firm Hertz and retailer Toys R Us. The private equity industry could soon find itself caught in a pincer, between tighter financing on the one hand and tighter regulation on the other.

☆ Wellness travel is rising among a particularly weary group of travelers — parents
▼ + stars: | 2023-05-10 | by ( Monica Pitrelli | Morgan Awyong | ) www.cnbc.com time to read: +6 min

But a new survey shows parents increasingly want in on a trend that isn't often aimed at families: wellness travel. The data showed an emerging picture of family travel — one in which parents may be starting to prioritize their own needs alongside those of their children. Traveling for physical health is up eight points among parents since last year, said Lindsey Roeschke, travel and hospitality analyst at Morning Consult. Planning a wellness family vacationThough some wellness resorts only allow adults, places like The Farm at San Benito welcome guests of all ages. Planning your own wellness tripRather than a resort stay, parents can plan their own wellness trips based on their interests.

☆ MLB roundup: Padres prevail in offensive showcase in Mexico City
▼ + stars: | 2023-04-30 | by ( ) www.reuters.com time to read: +14 min

Trent Grisham hit a two-run double to increase the Padres' lead to 14-11 in the eighth. Machado had three hits with three RBIs and four runs, while Thairo Estrada had four hits and three RBIs for the Giants. Andujar went 2-for-3 with three RBIs, while Connor Joe went 1-for-4 with a solo homer and two runs for Pittsburgh. Patrick Corbin (1-4) gave up three runs on seven hits with two strikeouts and a walk in 5 1/3 innings. Nationals starter Chad Kuhl (0-2) allowed eight runs on seven hits with four strikeouts and four walks in just 3 2/3 innings.

☆ Digital “Chicago Plan” fixes many financial woes
▼ + stars: | 2023-04-28 | by ( Edward Chancellor | ) www.reuters.com time to read: +7 min

The economists’ solution – often called the Chicago Plan – was to remove commercial banks from the money-creating business. One of the main problems of a central bank digital currency (CBDC) is that it would compete with old-fashioned bank deposits. With the digital money supply increasing in line with the economy’s potential growth, roughly as Friedman advised, inflation would soon come under control. Non-bank lenders like Apollo Global Management (APO.N) would have an enhanced role under the digital Chicago Plan. At present, there’s little chance of the digital Chicago Plan coming to pass.

☆ MLB roundup: Braves' Spencer Strider flirts with no-no vs. Marlins
▼ + stars: | 2023-04-25 | by ( ) www.reuters.com time to read: +8 min

He has pitched 16 consecutive scoreless innings and has allowed three hits during that span. Joe Jimenez pitched a scoreless ninth inning to finish the game. Yennier Cano pitched a scoreless ninth inning for his first career save. Three relievers completed the Blue Jays' three-hitter, with Jordan Romano earning his eighth save by tossing a 1-2-3 ninth inning. Alex Lange fanned two in a perfect ninth inning for his second save.

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