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☆ A beginner's guide to investing in art — that won't break the bank
▼ + stars: | 2023-11-09 | by ( Lucy Handley | ) www.cnbc.com time to read: +10 min

Will Ramsay, founder and CEO of the Affordable Art Fair, which puts on exhibits worldwide, said collecting art is easier than people might think. However, contemporary art is likely to increase in value over the long term, Diament said. There's also a satisfaction in buying something from a living artist, Diament said. "Some people like color, other people like to focus on drawings without color … you have people who collect just one artist," Taylor said. Provenance — which refers to the history and ownership of a piece — is often an important consideration when buying art.

Persons: Nicholas Bowlby, Puja Bhatia, You've, Karen Taylor, Taylor, Maria Artool, Will Ramsay, Robert Diament, Diament, you'll, Tracey Emin, Carlotta Cardana, There's, Knight Frank, Knight, Ramsay, Eileen Agar, Jeff Spicer, George Romney, Voltaire, Magda Archer, Ella Kruglyanskaya, Carl Freedman, Benjamin Senior, Richard Parkes Bonington, Judith Burrows, he'd, It's, Artool, Isabelle Paagman, Sotheby's, Paagman, Shepard Fairey Organizations: CNBC, Fair, of, Bloomberg, Getty, Knight, Investment, Art Market Research, Whitechapel Gallery, Art, San, Wallace Locations: London, U.K, British, Austin, Berlin, Brisbane, Latvian, Britain, Venice, American, Europe, Italy, Paris, France

☆ Ohio just legalized cannabis. Now comes the hard part
▼ + stars: | 2023-11-09 | by ( Alicia Wallace | ) edition.cnn.com time to read: +9 min

Ohio voters’ approval of a legalization measure on Tuesday comes just months after cannabis saw some of its most significant movements at the federal level. “I honestly think it will have massive reverberating effects on what Congress has to do about this.”More than two-thirds of US states have legalized cannabis in some capacity: 38 states have approved comprehensive medical cannabis programs, and Ohio brings the recreational total to 24 states. Joshua A. Bickel/APExisting medical cannabis dispensaries will have the opportunity to be grandfathered in and have first crack at licenses, but municipalities can decide whether to allow sales. “In 2018, Michigan fully legalized cannabis, set a relatively low tax rate and my perception is it’s been a fairly successful industry there.”Michigan’s cannabis sales hit a record $276 million in July, a time when industry members there and beyond have struggled. Marijuana buds ready for harvest rest on a plant at AT-CPC of Ohio, Monday, Jan. 28, 2019, in Akron, Ohio.

Persons: Andrew Freedman, ”, “ It’s, ” Freedman, “, pollster Gallup, ‘, Nick Lachey, Joshua A . Bickel, Mike DeWine, Freedman, Douglas Berman, ” Berman, It’s, Irina Dashevsky, Marder, Tony Dejak, Dashevsky, we’ve, hasn’t, Ariane Kirkpatrick, Amonica Davis, ” Kirkpatrick Organizations: Minneapolis CNN, Buckeye, US Department of Health, Human Services, Forbes Tate, Coalition for Cannabis Policy, CNN, Republican, Drug Enforcement, Center, The Ohio State University’s Moritz College of Law, Industry, Buckeyes, CPC, Ohio, AP Companies, Enforcement Locations: Minneapolis, Minneapolis CNN — Ohio, Ohio, As Ohio, Missouri, Cincinnati, Michigan, Akron , Ohio, United States

☆ Without A Fight wins Melbourne Cup as jockey Zahra triumphs again
▼ + stars: | 2023-11-07 | by ( Ian Ransom | ) www.reuters.com time to read: +4 min

[1/3] Horse Racing - Melbourne Cup - Flemington Racecourse, Melbourne, Australia - November 7, 2023 Jockey Mark Zahra reacts after riding Without A Fight to victory in race 7, the 2023 Melbourne Cup, during Melbourne Cup Day Joel Carrett/AAP Image via REUTERS Acquire Licensing RightsMELBOURNE, Nov 7 (Reuters) - Without A Fight won the 163rd running of the Melbourne Cup at Flemington Racecourse on Tuesday, with jockey Mark Zahra celebrating back-to-back triumphs in Australia's most prestigious race. Zahra became the first jockey to win back-to-back Melbourne Cups since Glen Boss rode Makybe Diva to a hat-trick of wins from 2003-05. Gold Trip, carrying the top weight of 58.5kg on a firm track, slumped to 17th under replacement jockey James McDonald. 'EXTRAORDINARY RIDE'Prepared by British duo Simon and Ed Crisford, Without A Fight ran 13th in last year's Melbourne Cup. Three-times Melbourne Cup-winning jockey Damien Oliver rode Alenquer to 21st in his final Melbourne Cup, the gelding cleared by stewards in the morning after reported for foot bruising.

Persons: Mark Zahra, Joel Carrett, Zahra, Anthony, Sam Freedman, I'm, He's, Glen Boss, Maher, David Eustace, James McDonald, Simon, Ed Crisford, hinds, Anthony's, Lee Freedman, It's, it's, Chris Waller, Vauban, Ireland's Willie Mullins, Damien Oliver, Alenquer, Eustace, Kris Lees, Cleveland, Ian Ransom, Peter Rutherford Organizations: Melbourne, Flemington, REUTERS Acquire, Rights MELBOURNE, Caulfield, Stewards, Thomson Locations: Melbourne, Australia, Australia's

☆ Without A Fight wins Melbourne Cup to hand jockey Mark Zahra consecutive victories
▼ + stars: | 2023-11-07 | by ( Ben Church | ) edition.cnn.com time to read: +2 min

CNN —Without A Fight stormed to victory at this year’s Melbourne Cup on Tuesday, handing jockey Mark Zahra consecutive wins in Australia’s most prestigious horse race. “It’s amazing to do it once, but to do it again on a different horse, back-to-back, my feet haven’t touched the ground yet,” Zahra told Sky Sports Racing after the famous win. Gold Trip, the horse Zahra won on last year, was also entered into this year’s race, but the jockey opted instead to ride Without A Fight. Zahra is the first jockey to win consecutive Melbourne Cups since Glen Boss rode Makybe Diva to three straight wins between 2003 and 2005. Winning trainer Sam Freedman, whose family has a rich and successful history in the sport, praised Zahra for an “extraordinary ride” but also credited his father for helping him train a Melbourne Cup winner.

Persons: Mark Zahra, Zahra, Anthony, Sam Freedman, “, ” Zahra, Sheraz, Vauban, Quinn Rooney, flack, ”, Racing.com, Glen Boss, he’s, ” Freedman Organizations: CNN, Melbourne, Flemington Racecourse, Sky Sports Racing Locations: Australia’s, Soulcombe, Zahra

☆ Fact Check: US Treasury Secretary Janet Yellen was not convicted of treason
▼ + stars: | 2023-11-02 | by ( Reuters Fact Check | ) www.reuters.com time to read: +2 min

U.S. Treasury Secretary Janet Yellen was not convicted of treason in October, despite an article circulating online making the claim. The article falsely claims that Yellen was convicted at a military tribunal held on Oct. 16. Reuters previously addressed the false claim published by Real Raw News in September that Yellen was arrested for treason. All available emails on Real Raw News’ website bounced back when attempting to reach for comment. U.S. Treasury Secretary Janet Yellen was not convicted of treason.

Persons: Janet Yellen, “, ”, Yellen, ” Yellen, Susan Rice, Read Organizations: Treasury, Real Raw, Corps, JAG, Army, Facebook, U.S . Court, Public, Marine, Reuters, Freedman's, U.S . Department of Treasury, Bloomberg, Real Raw News, National Security, U.S . Army, Thomson Locations: U.S

☆ Bess Freedman opens the door to some 'A-List' real estate listings hitting the market
▼ + stars: | 2023-10-31 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBess Freedman opens the door to some 'A-List' real estate listings hitting the marketHosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy. Tune in Monday through Friday at 7 p.m. ET on CNBC.

Persons: Bess Freedman, Brian Sullivan, “ Organizations: CNBC

☆ Biden officials set $3 bln bank deposit, procurement goals to boost minority firms
▼ + stars: | 2023-10-25 | by ( David Lawder | ) www.reuters.com time to read: +3 min

U.S. Vice President Kamala Harris delivers remarks during the Congressional Black Caucus Foundation Phoenix Awards Dinner at the Walter E. Washington Convention Center in Washington, U.S., September 23, 2023. REUTERS/Elizabeth Frantz/File Photo Acquire Licensing RightsWASHINGTON, Oct 25 (Reuters) - The Biden administration on Wednesday urged big companies to deposit another $2 billion into U.S. community lenders to boost loans to minority and underserved businesses, and asked them to devote 15% of their procurement budgets to such firms. Alphabet Inc's Google (GOOGL.O) will commit to spending at least $1 billion annually with "diverse-owned suppliers" in the United States, the Treasury said. The Treasury had previously invested nearly $9 billion into Community Development Financial Institutions (CDFIs) and minority-owned banking firms to make more capital available to minority firms. "In order for these minority owned banks and CDFIs to lend that money, they need deposits," Deputy Treasury Secretary Wally Adeyemo told reporters.

Persons: Kamala Harris, Walter E, Elizabeth Frantz, Biden, Harris, Wally Adeyemo, David Lawder, Sonali Paul Organizations: Congressional Black Caucus Foundation, Washington Convention Center, REUTERS, Rights, Wednesday, Micron Technology, Air Products, Xcel Energy, Treasury Department, Treasury, Freedman's Bank, Community Development Financial, Management, Internal Revenue Service, Thomson Locations: Washington , U.S, United States

☆ NYC's controversial brokerage fees under scrutiny
▼ + stars: | 2023-10-23 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNYC's controversial brokerage fees under scrutinyCNBC's Robert Frank and Bess Freedman, Brown Harris Stevens CEO, join 'Power Lunch' to discuss New York City's planned changes to the real estate market.

Persons: Robert Frank, Bess Freedman, Brown Harris Stevens, New York City's Locations: New York

☆ Putin's plan to wear down support for Ukraine in a war of attrition seems to be working, though it's not risk-free
▼ + stars: | 2023-10-06 | by ( Tom Porter | ) www.businessinsider.com time to read: +6 min

Putin is seeking to wear down Western support for Ukraine with a war of attrition. AdvertisementAdvertisementAt the Valdai Club conference Thursday, Russian President Vladimir Putin gloated over the potential impact of Western support for Ukraine ebbing. Meanwhile, Ukraine's economy is struggling under the weight of the conflict and it is heavily dependent on Western aid. Wagner fighters deployed in Rostov-on-Don REUTERS/StringerPutin faces threats of his ownBut there are also risks for Putin in an attrition strategy. AdvertisementAdvertisementA notable series of successes could lead to a new wave of public support for Ukraine, and damage Putin's internal credibility.

Persons: Putin, —, Vladimir Putin gloated, Kevin McCarthy, Joe Biden's, George Beebe, Beebe, Wagner, Don, Stringer Putin, –, Lawrence Freedman, Yevgeny Prigozhin Organizations: Ukraine, Putin, Service, Valdai, Republicans, Don REUTERS, King's College London, New Statesman Locations: Ukraine, Slovakia, Germany, Russia, Kyiv, Europe, Rostov, Russian, —, Moscow, Lviv

(Reuters) - The S&P 500 ended lower on Friday as investors digested implications of a U.S. inflation report for the Federal Reserve’s interest rate policy and adjusted their portfolios on the last day of a weak third quarter for stocks. REUTERS/Brendan McDermid/File PhotoThe benchmark S&P 500 also posted its biggest monthly percentage drop of the year. The data revealed a “better than expected but still elevated inflation picture,” said Eric Freedman, chief investment officer at U.S. Bank Asset Management. Meanwhile, Freedman said, “we are at quarter end, and with quarter end comes all sorts of activities across both the stock and bond markets.”According to preliminary data, the S&P 500 lost 11.37 points, or 0.26%, to end at 4,288.33 points, while the Nasdaq Composite gained 18.05 points, or 0.18%, to 13,224.52. Among S&P 500 sectors, energy and financials declined sharply.

Persons: Brendan McDermid, ”, Eric Freedman, Freedman, ” Freedman, Paul Nolte, Murphy, Morgan Organizations: Reuters, New York Stock Exchange, REUTERS, Data, Fed, U.S, Bank Asset Management, Nasdaq, Dow Jones, Energy, “ Energy, Equity, Sylvest Wealth Management, Investors, Republicans, U.S . House, Traders, Nike Locations: U.S, New York City, Washington

☆ When mortgage rates start to fall housing prices will follow: Brown Harris Stevens CEO Bess Freedman
▼ + stars: | 2023-09-18 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWhen mortgage rates start to fall housing prices will follow: Brown Harris Stevens CEO Bess FreedmanHosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy. Tune in Monday through Friday at 7 p.m. ET on CNBC.

Persons: Brown Harris Stevens, Bess Freedman, Brian Sullivan, “ Organizations: CNBC

☆ Mortgage rates aren't going down until next year, says Brown Harris Stevens CEO Bess Freedman
▼ + stars: | 2023-08-23 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMortgage rates aren't going down until next year, says Brown Harris Stevens CEO Bess FreedmanBess Freedman, Brown Harris Stevens CEO, joins 'Power Lunch' to discuss the real estate market, the rise of mortgage rates and the health of the housing market.

Persons: Brown Harris Stevens, Bess Freedman Bess Freedman

☆ What mortgage rates over 7% mean for the housing market
▼ + stars: | 2023-08-20 | by ( Anna Bahney | ) edition.cnn.com time to read: +6 min

Washington, DC CNN —An already miserably unaffordable housing market is getting more expensive. As mortgage rates top 7% — the highest they’ve been in 21 years according to Freddie Mac — home buyers face ballooning costs. “The fact that we are seeing rates at these highs is having an impact on the housing market,” Freedman said. “That’s bad news for mortgage rates which correspondingly may rise to 8%,” he said. “We thought mortgage rates would be much lower by now,” she said.

Persons: Freddie Mac, “, ”, Bess Freedman, Brown Harris Stevens, Freedman, ” Freedman, Buyers, ” Lawrence Yun, Yun, Jessica Lautz, we’d, Melissa Cohn, Cohn, “ Banks, ” Cohn Organizations: DC CNN, Federal, National Association of Realtors, NAR, “, Fed, William, Mortgage, ” Fed, Treasury Locations: Washington

☆ Ukraine is figuring out how to destroy the Ka-52 helicopters and mobile artillery holding back its offensive, expert says
▼ + stars: | 2023-08-17 | by ( Sinéad Baker | ) www.businessinsider.com time to read: +3 min

Ukraine is picking off Russia's Ka-52 helicopters and self-propelled artillery, an expert said. Nico Lange, a Ukraine expert at the Munich Security Conference, said Ukraine's counteroffensive, which began in June, had started to make more progress in the last two weeks. And that number does not include two Ka-52 helicopters that Ukraine said it shot down on Thursday morning. Oryx also records 350 destroyed pieces of Russian self-propelled artillery, with 29 more damaged, seven abandoned, and 10 captured. But Lawrence Freedman, a war expert at the UK's King's College London, told The Economist that Ukraine is making progress.

Persons: Nico Lange, Russia's, Insider's Rebecca Rommen, Oleksii Reznikov, Volodymyr Zelenskyy, Lawrence Freedman Organizations: Service, Munich Security, UK Ministry of Defence, NATO, Kremlin, King's College London, Economist Locations: Ukraine, Russian, Wall, Silicon, Russia, Zaporizhzhia, Kyiv

☆ Wall St Week Ahead Sluggish US earnings may need pick-me-up to support 2023 stock rally
▼ + stars: | 2023-08-11 | by ( Lewis Krauskopf | ) www.reuters.com time to read: +5 min

Raindrops hang on a sign for Wall Street outside the New York Stock Exchange in Manhattan in New York City, New York, U.S., October 26, 2020. The S&P 500 (.SPX) has edged higher since earnings season began in July, with the benchmark index up 16% in 2023. Third-quarter S&P 500 earnings are seen rising 1.3% on a year-over-year basis, according to Refinitiv, before a 9.7% fourth-quarter earnings rise and a 11.9% full-year increase in 2024. Reuters Graphics Reuters GraphicsMeanwhile, the S&P 500 has become more richly valued. Q2 RESULTSWith 91% of S&P 500 companies having reported second-quarter results, 78.7% posted earnings above analysts' expectations, according to Refinitiv IBES.

Persons: Mike Segar, Eric Freedman, Refinitiv, Anthony Saglimbene, Julian Emanuel, Evercore, Emanuel, John Lynch, Ned Davis, Comerica's Lynch, Lewis Krauskopf, Ira Iosebashvili, Richard Chang Organizations: Wall, New York Stock Exchange, REUTERS, Stock, U.S, Bank Asset Management, Reuters Graphics Reuters, Credit Suisse, Ameriprise Financial, Comerica Wealth Management, Apple, Walmart, Ned Davis Research, Thomson Locations: Manhattan, New York City , New York, U.S

Brent crude futures rose 41 cents, or 0.5%, to settle $86.81 a barrel, while U.S. West Texas Intermediate (WTI) crude futures gained 37 cents, or 0.5%, to settle at $83.19. The IEA estimated that global oil demand hit a record 103 million barrels per day in June and could scale another peak this month. Meanwhile, output cuts from Saudi Arabia and Russia set the stage for a sharp decline in inventories over the rest of 2023, which IEA said could drive oil prices even higher. On Thursday, the Organization of the Petroleum Exporting Countries (OPEC) said it expects global oil demand to rise by 2.44 million bpd this year, unchanged from its previous forecast. The steady oil rig count indicates U.S. producers are maintaining discipline about drilling and exploration, said Eric Freedman, Chief Investment Officer at U.S. Bank Asset Management.

Persons: Dado, Brent, Baker Hughes, Craig Erlam, WTI, Eric Freedman, Shariq Khan, Ahmad Ghaddar, Andrew Hayley, Elaine Hardcastle, Marguerita Choy, Cynthia Osterman, David Gregorio Our Organizations: REUTERS, International Energy Agency, Brent, U.S, West Texas, IEA, Organization of, Petroleum, Federal Reserve, Bank Asset Management, Thomson Locations: Baker Hughes BENGALURU, Saudi Arabia, Russia, Ukraine, U.S, China, June's

☆ Manhattan average rent prices hit new record of $5,588 per month
▼ + stars: | 2023-08-10 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailManhattan average rent prices hit new record of $5,588 per monthBess Freedman, Brown Harris Stevens CEO, and Don Peebles, The Peebles Corporation chairman and CEO, join 'Last Call' to talk sky high rent prices in NYC and across the country.

Persons: Bess Freedman, Brown Harris Stevens, Don Peebles Organizations: The Peebles Corporation Locations: NYC

☆ Extreme heat is holding the economy back. Don't expect federal legislation to help any time soon.
▼ + stars: | 2023-08-04 | by ( Noah Sheidlower | ) www.businessinsider.com time to read: +8 min

There are no federal regulations protecting workers in extreme heat. Biden announced plans to protect workers last week with more enforcement of heat-safety violations. "I urge the administration to move quickly to create this national heat standard to protect workers on the job. Last year, business groups sued Oregon over extreme heat worker protection rules, arguing the state overstepped its statutory authority in requiring employers to pay workers during breaks. However, some experts believe that investments to protect workers, such as rearranging shifts or changing uniform colors, pay off since workers can be more productive in the longer run.

Persons: Biden, Marc Freedman, Algernon Austin, Joe Biden, Bernie Sanders, haven't, Austin Organizations: Service, United States Chamber of Commerce, New York Times, OSHA, Center for Economic, Policy Research, Research, Labor Department, National Oceanic, Atmospheric Administration, Department of, Democratic, Occupational Safety, Health Administration, Safety, UPS, Asuncion Valdivia Heat, American Farm Bureau Federation, National Demolition Association Locations: Wall, Silicon, California , Colorado, Washington, America, Oregon, Texas, California , Michigan, Georgia, Asuncion Valdivia

☆ A Vibrant Vegan Dinner on the British Coast
▼ + stars: | 2023-07-26 | by ( Kin Woo | ) www.nytimes.com time to read: +2 min

On a balmy recent evening, the Carl Freedman Gallery in the English coastal town of Margate was the setting for a double celebration. The two honorees first met at a vegan cafe in London in 2019, where they bonded over their shared Caribbean heritage (Mckenzie’s family is from Barbados) and approach to their creative pursuits. - Three Easy Summer Dishes: The French chef Yann Nury elevates classic seasonal recipes with fresh flavor combinations and a few luxurious additions. - A Lebanese Feast in Amsterdam: In a traditional Dutch canal house, a creative strategist organizes a dinner party to introduce a new collection inspired by her mother’s homeland. - Host Gift Guide: What T’s editors and contributors are bringing to thank their hosts this summer, including surreal serving spoons and cozy quilts.

Persons: Carl Freedman, Ronan Mckenzie —, Denai Moore, ”, Mckenzie, “, Yann Nury, Moore Organizations: Credit, Hosting Locations: Margate, British, London, Barbados, Ibiza, Long, French, Amsterdam, Kingston

☆ Wall St Week Ahead Relentless U.S. stock rally faces Fed test
▼ + stars: | 2023-07-21 | by ( David Randall | ) www.reuters.com time to read: +4 min

The S&P 500 is up nearly 19% year-to-date and closed on Thursday at 4,534.87, only about 6% below an all-time high reached in January 2022. What the Fed does and says next week will be critical," said Cliff Corso, chief investment officer at Advisors Asset Management. "Bearish investors have had to capitulate," said Liz Ann Sonders, chief investment strategist at Charles Schwab. The bank last month raised its year-end S&P 500 target to 4,500, from 4,000. However, Christopher Tsai, chief investment officer at Tsai Capital, is not worried about buying into an overvalued market.

Persons: Cliff Corso, Jonathan Golub, Tom Lee, Ed Yardeni, Liz Ann Sonders, Charles Schwab, Eric Freedman, Goldman Sachs, Sunitha Thomas, We've, Christopher Tsai, David Randall, Saqib Iqbal Ahmed, Ira Iosebashvili, Richard Chang Organizations: YORK, Federal Reserve, Fed, Asset Management, Jonathan Golub of Credit Suisse, Fundstrat Global, Yardeni Research, National Association of Active Investment, U.S, Bank Wealth Management, Consumers, Northern Trust, Tsai, MSCI Inc, Zoetis Inc, Thomson Locations: U.S, Jonathan Golub of

☆ There are almost no national safety rules protecting US workers exposed to high heat
▼ + stars: | 2023-07-21 | by ( Chris Isidore | ) edition.cnn.com time to read: +9 min

The National Weather Service recorded a high temperature of 97 degrees at the Dallas Love Field airport that day. The human body’s primary way to deal with high heat is through sweating, which cools the body when it evaporates. But despite these risks, getting a clear set of rules to protect workers from high heat has proved difficult. OSHA heat safety rulesEven without a specific heat standard, OSHA can fine employers that let heat get unsafe for workers under a “general duty” rule requiring safe work places. “That’s why a heat standard would be much more useful.”OSHA said protecting workers from heat is a major priority.

Persons: ”, Jordan Barab, “, ” Eugene Gates , Jr, Carla Gates, I’m, Kimetra Lewis, Gates, Larry Kenney, Kenney, Barab, Doug Parker, Marc Freedman, Biden, ” –, Angela Fritz Organizations: New, New York CNN, Occupational Safety, Health Administration, Biden, US Chamber of Commerce, AFL, “, Labor Statistics, Lakewood Post, National Weather Service, Dallas Love, US Postal Service, CNN, National Association of, Carriers, Penn State, First Street Foundation, OSHA, Commerce Locations: New York, California, Florida, Lakewood, Dallas, Gates, United States

☆ Hubert Humphrey’s Democratic Convention Speech Resonates Today - The New York Times
▼ + stars: | 2023-07-17 | by ( Samuel G. Freedman | ) www.nytimes.com time to read: +2 min

On the torrid afternoon of July 6, 1948, Hubert Humphrey departed one kind of inferno to plunge into another. He was bound for Philadelphia, site of the impending Democratic National Convention, where the sweltering weather provided the fitting backdrop to a heated convention. The Democratic convention of 1948 promised to be morose and volatile all at once. The glum mood reflected the failure of liberal insurgents in the party, Humphrey included, to oust the incumbent president, Harry Truman, from the ticket. His speech at the Philadelphia convention, imploring delegates to “get out of the shadow of states’ rights and to walk forthrightly into the bright sunshine of human rights,” convinced a decisive majority of the delegates.

Persons: Hubert Humphrey, Humphrey, Harry Truman, segregationists, Truman, Franklin Delano Roosevelt, “, ”, Thomas Dewey Organizations: Democratic, Convention, Democratic Party Locations: Minneapolis, Philadelphia, America

☆ How Hubert Humphrey Tried to Make Minneapolis, and America, Less Racist
▼ + stars: | 2023-07-13 | by ( Khalil Gibran Muhammad | ) www.nytimes.com time to read: +1 min

INTO THE BRIGHT SUNSHINE: Young Hubert Humphrey and the Fight for Civil Rights, by Samuel G. FreedmanMinneapolis may be the city most notorious for anti-Black police violence in the world. Out of the top 100 largest metropolitan areas, Minneapolis ranks 99th in the gap between Black and white earnings. In June, the Department of Justice cited this statistic in its investigation of the Minneapolis Police Department. From routine instances of excessive (and sometimes deadly) uses of force to everyday racist taunts, the Police Department disproportionately abused Blacks and Native Americans with little to no accountability. Reflecting on these patterns, the U.S. attorney general, Merrick Garland, said, “They made what happened to George Floyd possible.”And yet, eight decades ago, as the journalist Samuel G. Freedman writes in his riveting new biography, “Into the Bright Sunshine,” the Minneapolis mayor and future presidential candidate Hubert Humphrey made some progress in dismantling prejudice in the city’s Police Department.

Persons: Young Hubert Humphrey, Samuel G, Freedman, George Floyd, Derek Chauvin, Merrick Garland, “, Hubert Humphrey Organizations: Civil Rights, “ Minnesota, ”, Department, Justice, Minneapolis Police Department, Police Department, Minneapolis, city’s Police Department Locations: Freedman Minneapolis, United, Minneapolis, U.S

☆ Climate event El Niño could hit the economy from food prices to clothing sales this year
▼ + stars: | 2023-06-29 | by ( Samantha Delouya | ) edition.cnn.com time to read: +7 min

But that’s not the only effects expected: Combined with climate change, El Niño this year could dent US economic growth, potentially impacting everything from food prices to the winter clothing sales. Higher food prices are a common theme across El Niño events, according to a recent Deutsche Bank report. Dry weather has parched crops in El Salvador as the El Niño weather threatens food security. The last time there was an El Niño in 2018 through 2019, NOAA dubbed it “The Great Puny El Niño” due to its relatively weak impact on weather conditions. He projects that El Niño weather events could cause $84 trillion in economic losses in the 21st century.

Persons: Niño, that’s, ”, Christopher Callahan, ” Christopher Callahan, El, Lesley, Ann Dupigny, Giroux, Yi Yu, Linh Pham, Winters, Yu, Callahan, Simeon Siegel, “, Chris Scheuring, “ It’s, Camilo Freedman Organizations: CNN, Oceanic, Atmospheric Administration, NOAA, Dartmouth, Southern, University of Vermont, University of California, Southwestern, Vietnam Electricity Group, Bloomberg, Getty, Deutsche Bank, BMO Capital Markets, Dupigny, US Federal Aviation Administration, California Farm Bureau, La Union, Prediction Locations: Niño, University of California Irvine, Asia, Australia, Southwestern United States, Tri An, Vinh Cuu, Dong Nai Province, Vietnam, United States, rainier, El, Pasaquina, La, El Salvador

☆ Where are Russian generals Gerasimov and Surovikin after Wagner rebellion?
▼ + stars: | 2023-06-28 | by ( Andrew Osborn | ) www.reuters.com time to read: +7 min

Absent from view too is General Sergei Surovikin, nicknamed "General Armageddon" by the Russian press for his aggressive tactics in the Syrian conflict, who is deputy commander of Russian forces in Ukraine. Rybar, an influential channel on the Telegram messaging application run by a former Russian defence ministry press officer, said a purge was underway. Russian President Vladimir Putin and Chief of the General Staff of Russian Armed Forces Valery Gerasimov attend an annual meeting of the Defence Ministry Board in Moscow, Russia, December 21, 2022. Dara Massicot, an expert in the Russian military at the RAND Corporation think-tank, said that something looked odd about the video, in which Surovikin has an automatic weapon on his lap. "Surovikin (is) a brute but also one of the more capable Russian commanders," Freedman said on Twitter.

Persons: Putin, Sergei Shoigu, Vladimir Putin, Valery Gerasimov, Yevgeny Prigozhin, Gerasimov, Sergei Surovikin, Surovikin, Dmitry Peskov, Wagner, Rybar, Staff of Russian Armed Forces Valery Gerasimov, Mikhail Kuravlev, Prigozhin, Michael Kofman, Viktor Zolotov, Shoigu, Dara Massicot, He’s, he’s, Alexei Venediktov, vilifying Shoigu, Lawrence Freedman, Freedman, Andrew Osborn, Mike Collett, White, Lisa Shumaker, Angus MacSwan, Mark Heinrich Our Organizations: New York Times, Wednesday, Staff, Reuters, Moscow Times, Staff of Russian Armed Forces, Defence Ministry Board, Sputnik, REUTERS, Carnegie Endowment, Twitter, National Guard, Moscow, Tuesday, RAND Corporation, Western, King's College London, Thomson Locations: Ukraine, Surovikin, Russia, Russian, Moscow, Ukrainian, Kremlin, Moscow's, Lefortovo, Chechnya, Syria

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