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☆ The College Access Index Returns
▼ + stars: | 2023-09-08 | by ( David Leonhardt | More About David Leonhardt | ) www.nytimes.com time to read: +1 min

The Supreme Court decision banning race-based affirmative action has thrust economic diversity to the center of the debate over college admissions. Many supporters of the old affirmative action see economic diversity as a way to continue creating racially diverse college classes, given the large racial gaps that exist in income and wealth. Given this background, my colleagues at The Times Magazine and I decided to shine a light on economic diversity at nearly 300 of the country’s most selective colleges, public and private. This morning, we’re publishing a measure we call the College Access Index. ‘They are there’A decade ago, Washington University in St. Louis was the least economically diverse college in the country.

Persons: Louis, Pell Organizations: Times, Washington University Locations: St

☆ Why Does Duke Have So Few Low-Income Students?
▼ + stars: | 2023-09-07 | by ( David Leonhardt | Graphics Ashley Wu | ) www.nytimes.com time to read: +31 min

Duke students, she thought, seemed more well rounded than students on some other campuses. I think it was me being a little bit naïve.” Other Duke students who identify as F.G.L.I. At Duke — as well as elite colleges that admit more low-income students — their graduation rate tends to be similar to the overall graduation rate. Over the past decade, as other elite colleges paid more attention to low-income students, they wooed some who once might have attended Duke. “Duke students are really oriented to the world,” she said.

Persons: Ben Denzer, Perkins, Duke, ” Juliana Alfonso, DeSouza, ”, Stephany Perez, Sanchez, University of Chicago —, Pell, Duke Duke, Melinda French Gates, Adam Silver, ” Gary Bennett, Grant, Bates, Brown, Pell Grant, ” Bennett, we’re, Ithaka, Yale Conn, —, Juliana Alfonso, Juliana, Duke Rice, Austin U.N.C, “, Karen Dong, ” Dong, ” Randi Jennings, Dong, Duke’s F.G.L.I, Duke —, ” Jennings, Randi, Jennings, Alfonso, David M, Rubenstein, “ It’s, ” Alfonso, Colleges don’t, Bennett, Caroline Hoxby, Christopher Avery, Louis, Holden Thorp, ” Thorp, Ron Daniels, Johns Hopkins, ” Daniels, Catharine Bond Hill, Thorp, Hopkins, Michael Bloomberg, Johns, “ Duke Organizations: Duke University, Perkins, Ivy League, Stanford, Massachusetts Institute of Technology, University of Chicago, Harvard, Yale, Princeton, Columbia, Pell Grants, Duke, Pell Grants Harvard, Penn, Cornell, Dartmouth, Brown, Chicago, U.S . News, Colleges, Midwest, California Institute of Technology, Notre Dame, Bucknell, Georgia Tech, Oberlin, Reed, Tufts, Tulane, Wake, Universities, Wall Street Journal, University of California, University of South, College, Princeton N.J, Pomona Calif, Dartmouth N.H, Stanford Calif, Caltech Calif, Amherst Mass, Grinnell Iowa, Claremont McKenna, Vanderbilt, Opportunity, Elite, Spurs, Texas North, Southern Methodist University, Davidson, California Massachusetts, Stanford Harvard, Berkeley UMass Amherst, Amherst College Pomona, University of Texas, parka, Mardi Gras, Daily, West Union, LIFE, Uber, ” Colleges, Washington University, Hopkins, Vassar College, Johns Hopkins, University of Michigan, University of Virginia, University Locations: San Antonio, South Carolina, M.I.T, United States, Durham, N.C, Georgetown, Georgia, California, San Diego, U.C.L.A, University of South Dakota, University of South Florida, America, Middlebury, Northwestern, Pomona, Swarthmore, Harvard, Texas North Carolina, Texas, Canada, Myrtle Beach, Dallas, China, New Orleans, Irish, Camden , N.J, “, St, Johns Hopkins, Wash

☆ The Top U.S. Colleges With the Greatest Economic Diversity
▼ + stars: | 2023-09-07 | by ( David Leonhardt | Ashley Wu | ) www.nytimes.com time to read: +1 min

As part of this week’s Education Issue of the magazine, The New York Times is publishing the College-Access Index, a list of the country’s most-selective universities ranked in order of economic diversity. For this updated version, we have measured economic diversity by analyzing the share of students receiving Pell Grants, which typically go to students from the bottom half of the income distribution. The list covers the 286 most-selective colleges in the country, defined by Barron’s Profiles of American Colleges and other metrics. Here, you see each college’s Pell share for the entering class in 2020-21, compared with the 2010-11 share. Schools are listed in order of economic diversity as measured by share of the student body receiving Pell Grants.

Persons: Pell Organizations: The New York Times, College, Times, Barron’s, American Colleges, Berea College Locations: Kentucky

☆ UBS sees end of S&P 500 profit recession, index to 4,700 by June 2024
▼ + stars: | 2023-09-06 | by ( David Randall | ) www.reuters.com time to read: +1 min

The logo of UBS is seen prior to a press conference of the Swiss bank after the takeover of Credit Suisse, in Zurich, Switzerland, August 31, 2023. "The improving profit picture is one of the key reasons that we think the market can hold on to its year-to-date gains," he said, citing the nearly 20% gain in the S&P 500 for the year to date. UBS expects the S&P 500 end the year at 4,500, up around 1% from its trading price Wednesday, and reach 4,700 by June. Overall, profit expectations for the median company in the S&P 500 are up 5.6% since July 2022, UBS said, while estimates are at or above all-time highs in every sector but energy, healthcare, and materials. Reporting by David RandallOur Standards: The Thomson Reuters Trust Principles.

Persons: Denis Balibouse, David Lefkowitz, David Randall Organizations: UBS, Credit Suisse, REUTERS, UBS Financial Services, Thomson Locations: Swiss, Zurich, Switzerland, U.S

☆ Explaining Bidenomics
▼ + stars: | 2023-09-06 | by ( David Leonhardt | More About David Leonhardt | ) www.nytimes.com time to read: +2 min

They want the government to spend more money on highways, technological development and other policies that could create good-paying jobs. The experts, in short, believe that they had been too accepting of the more laissez-faire economic agenda often known as neoliberalism. This turnabout is the central explanation for President Biden’s economic agenda, which White House aides call Bidenomics and will be core to his re-election campaign. Foer tells the story partly through Jake Sullivan, who helped design Biden’s domestic agenda during the campaign and then became national security adviser. That’s why several Warren protégés, like Bharat Ramamurti, work in senior White House roles today.

Persons: Bidenomics, ”, Biden’s, Franklin Foer, Foer, Jake Sullivan, Sullivan, Hillary Clinton, Biden, Donald Trump’s, Democratic wonks, ” Foer, Bernie Sanders, Elizabeth Warren, Alexandria Ocasio, Cortez, Warren protégés, Bharat Ramamurti Organizations: Democratic, Rhodes, Yale, White Locations: Alexandria

☆ Where Are the Students?
▼ + stars: | 2023-09-05 | by ( David Leonhardt | More About David Leonhardt | ) www.nytimes.com time to read: +1 min

“For almost two years, we told families that school can look different and that schoolwork could be accomplished in times outside of the traditional 8-to-3 day,” Elmer Roldan, who runs a dropout prevention group, told The Los Angeles Times. “The most fundamental thing for adults to understand is that avoidance feeds anxiety,” Damour told me. But the problem with giving in to that anxiety is that avoidance is highly reinforcing.” The more often students skip school, the harder it becomes to get back in the habit of going. And the rise in chronic absenteeism is indeed a sign that schools need help. One promising step would be to make teaching a more appealing job, Damour notes, in order to attract more great teachers.

Persons: ” Elmer Roldan, ” Lisa Damour, ”, ” Damour, Damour Organizations: Los Angeles Times

☆ 'Most at risk': UBS downgrades 2 major automakers over China EVs threat
▼ + stars: | 2023-09-05 | by ( Ganesh Rao | ) www.cnbc.com time to read: +2 min

UBS has downgraded both Volkswagen and Renault over mounting competition from Chinese electric vehicle manufacturers. 1 automaker, the company is at risk of being marginalized as Chinese companies, such as Warren Buffet-backed BYD , take market share. 1 automaker in Europe, Volkswagen also faces intensifying competition as higher numbers of cheaper Chinese electric vehicles are imported into the continent. With about 70% of sales in Europe and a 10% market share, the investment bank said Renault is highly exposed to competition from Chinese automakers and Tesla. We estimate Renault's European market share of c10% today will reduce towards 7% by 2030," said UBS analysts led by David Lesne in a separate note to clients.

Persons: Warren Buffet, Patrick Hummel, France's Renault, David Lesne, Benz, Tesla's EVs Organizations: UBS, Volkswagen, Renault, VW, Tesla, Benz, BMW, IAA Mobility, Mercedes Locations: Europe, Munich

☆ The US is growing increasingly frustrated with Ukraine's tactics. It could put the counteroffensive in jeopardy.
▼ + stars: | 2023-09-04 | by ( Sophia Ankel | ) www.businessinsider.com time to read: +5 min

US officials are growing frustrated with how Ukraine is fighting the war, The New York Times said. If Ukraine wants to speed up its counteroffensive, it will need to change tactics, they said. However, experts are worried that such unrealistic expectations could mean Ukraine gets less support from Western countries going forward, putting the counteroffensive in jeopardy. "Ukraine's Western partners have every reason to expect a return on the considerable military aid they have provided over the past year-and-a-half. AdvertisementAdvertisement"Instead, Ukraine's lack of progress over the past two months should serve as a wake-up call for Western leaders.

Persons: Ukraine Ed Ram, Insider's Ryan Pickrell, it's, Marina Miron, David Lewis, Lewis, Maksym Skrypchenko Organizations: New York Times, Service, Washington, Getty, Department of, King's College London, Royal United Services Institute, NATO, Western Locations: Ukraine, Wall, Silicon, Russia, Zaporizhzhia region, Kyiv

☆ The Fed likely won’t raise rates this month — but November is another matter
▼ + stars: | 2023-09-03 | by ( Bryan Mena | ) edition.cnn.com time to read: +5 min

Washington, DC CNN —Last week’s economic data increasingly gave investors hope that the Federal Reserve could hold interest rates steady this month, following a hike in July that brought rates to their highest level in 22 years. It’s hard to say definitively if or when the central bank will hike interest rates again this year. The Fed could hold rates steady for the rest of the year if both the job market and the broader economy continue to slow, helping bring down inflation. Higher for longer means keeping interest rates elevated for a prolonged period. China’s National Bureau of Statistics releases August inflation data.

Persons: hasn’t, ” Leslie Thompson, Thompson, Jerome Powell, Powell, Susan Collins, Powell’s Jackson, there’s, Raphael Bostic, Olesya Dmitracova, ” Patrick Hummel, David Lesne, Juan Perez, Carrascosa, Barnes & Noble Organizations: CNN Business, Bell, DC CNN, Federal, Financial, Spectrum Wealth Management, CNN, Fed, Kansas City, Boston, Yahoo, Finance, Atlanta Fed, Volkswagen, Renault, UBS, French, Swiss, Barnes &, The Reserve Bank of Australia, US Commerce Department, Eagle, Express, P Global, Institute for Supply Management, Bank of Canada, US Labor Department, Kroger, China’s National Bureau of Statistics Locations: Washington, Jackson Hole , Wyoming, Cape Town , South Africa, Europe

☆ Volkswagen, Renault shares hit by rare ‘sell’ rating as Chinese competition grows
▼ + stars: | 2023-09-01 | by ( Olesya Dmitracova | ) edition.cnn.com time to read: +3 min

London CNN —Shares in Europe’s largest carmaker Volkswagen and its French rival Renault dropped sharply Friday after UBS analysts recommended investors dump the stocks, citing the growing threat to their business from Chinese competitors. Volkswagen was down 4.4% in late afternoon trade in Europe and Renault 5.6% lower, while the benchmark STOXX Europe 600 index was flat. China is the biggest single market for Volkswagen but its sales there have been declining in the face of pressure from local competitors. In their note, the UBS analysts highlighted the threat to the carmaker from “highly competitive” Chinese EVs. Volkswagen, Renault and other global players have been teaming up with Chinese companies, too.

Persons: ” Patrick Hummel, David Lesne, Juan Perez, Carrascosa, BYD, Warren Buffett, ”, “, —, Geely Organizations: London CNN —, Volkswagen, French, Renault, UBS, Swiss, “ Renault, China Passenger Car Association . Vehicles Locations: Europe, China

☆ 5 Stand-Up Specials to Stream for the Labor Day Weekend
▼ + stars: | 2023-08-31 | by ( Jason Zinoman | More About Jason Zinoman | ) www.nytimes.com time to read: +1 min

Todd Barry, ‘Domestic Shorthair’Stream it on YouTubeTodd Barry speaks fluent sarcasm. Ever since David Letterman retired from late night, sarcasm has no better champion. Barry starts waving its flag as soon as the applause settles down on his very funny new special. And some of his most unexpected laughs are in his own mixing up of mountains and molehills. “My printer broke recently,” he said, gently shifting gears to a parody of concern.

Persons: Todd Barry, YouTube Todd Barry, David Letterman, Barry, ”, he’s, ” Tracy Morgan, ‘, Max Organizations: YouTube

☆ Mark Thompson named CNN chief executive and chairman at critical juncture in news network’s history
▼ + stars: | 2023-08-30 | by ( Oliver Darcy | ) edition.cnn.com time to read: +7 min

I am confident he is exactly the leader we need to take the helm of CNN at this pivotal time,” David Zaslav, the chief executive of CNN parent company Warner Bros. At the Times, Thompson successfully transformed the newspaper into a digital powerhouse. CNN+, which launched last year as the network’s ownership changed hands from AT&T to Warner Bros. The standalone streamer also didn’t fit into Warner Bros. Discovery’s larger plans to house all content inside a single super-streamer. The streaming service will be located inside the Max app, alongside content from HBO, Discovery, and Warner Bros. Pictures.

Persons: Mark Thompson, “ Mark, ” David Zaslav, Thompson, Donald Trump, Trump, Jeff Zucker, Chris Cuomo, Don Lemon, Chris Licht, nosediving, Licht, Zaslav, Amy Entelis, Virginia Moseley, Eric Sherling, David Leavy, ”, CNN Max, Jake Tapper ” Organizations: CNN, The New York Times, BBC, Warner Bros, Discovery, Times, MSNBC, Atlantic, CNN Digital, The Times, CNN.com, U.S, Warner Bros . Discovery, HBO, Warner Bros .

☆ CNN’s new chief faces a crucial test on several fronts that will define the network’s future
▼ + stars: | 2023-08-30 | by ( Oliver Darcy | ) edition.cnn.com time to read: +7 min

Discovery chief executive could have waited to appoint a singular leader of CNN after firing his former hand-picked network boss Chris Licht. By appointing a new chief executive and chairman, he’s taking an inherent risk as the 2024 presidential cycle heats up. Under former network boss Jeff Zucker, staffers never questioned what CNN’s mission statement was. It will be illuminating to hear more from Thompson on this matter, given he will also be responsible for CNN’s editorial. During his decades in media, Thompson earned a reputation for being a confident executive with thick skin who masterfully executes a vision, all while maintaining the support of the troops.

Persons: CNN —, Mark Thompson, Thompson, we’ve, ” Thompson, “, ►, Bob Iger, ” ► It’s, David Zaslav, Chris Licht, —, Amy Entelis, Virginia Moseley, Eric Sherling, David Leavy —, Zaslav, he’s, Jeff Zucker, Donald Trump, ► Licht, Licht, Zucker, Chris Cuomo, Don Lemon, nosediving, Licht’s, ” ►, Trump, They’ve Organizations: CNN, CNN — It’s, The New York Times, BBC, Times, Warner Bros . Discovery, MSNBC Locations: Hudson Yards

☆ CNN names former New York Times CEO Mark Thompson as its chief
▼ + stars: | 2023-08-30 | by ( Lillian Rizzo | ) www.cnbc.com time to read: +9 min

Mark Thompson is stepping in as the next CEO and chairman of CNN. Discovery CEO David Zaslav told staff in a note Wednesday. Before closing the deal, Zaslav had appointed Licht as CNN's CEO, who was previously the chief executive behind the "CBS This Morning" news program and "Morning Joe" on MSNBC. While network executives Amy Entelis, Virginia Moseley, Eric Sherling and David Leavy led CNN since Licht left CNN, Warner Bros. Shortly, we will announce that highly respected news executive Mark Thompson will be joining our leadership team as Chairman and CEO, effective October 9, reporting directly to me.

Persons: Mark Thompson, Thompson, Chris Licht, Thompson's, David Zaslav, Jeff Zucker, –, Andrew Cuomo, Zucker's, Chris Cuomo, Zucker, Zaslav, Licht, Joe, network's, Donald Trump, Kaitlan Collins, Amy Entelis, Virginia Moseley, Eric Sherling, David Leavy, Read, Mark, Amy, Eric, I've, David Read, you've, David Zaslav's, Wagner, you'll Organizations: CNN, Parent, Warner Bros, Discovery, The New York Times, BBC, Warner Bros . Discovery, Max, New York Gov, MSNBC, CNN Worldwide, Times, Tiananmen Locations: U.S, David, Virginia, London, Washington, DC

Mr. Thompson, 66, joins the network with more experience running a sprawling news organization than Mr. Licht, a former morning and late-night show producer. Mr. Thompson started as a trainee at the BBC in 1979 and ascended to the position of director general, the broadcaster’s top position, in 2004. He joined the Times Company as its chief executive in 2012, and was among a group of executives who revitalized the company financially by greatly expanding its digital subscription business. When Mr. Thompson took over at the Times Company, a subscriber-only paywall for the paper’s website was still in its infancy. “I just thought we weren’t doing it well enough,” he said.

Persons: Licht’s, Amy Entelis, Virginia Moseley, Eric Sherling —, David Leavy, Zaslav, Thompson, Licht, ” Organizations: CNN, BBC, Times Company

☆ How insiders are reacting to Mark Thompson, CNN's new CEO, and how they think he'll tackle the network's challenges: 'He wants to be involved in editorial'
▼ + stars: | 2023-08-30 | by ( Lucia Moses | ) www.businessinsider.com time to read: +7 min

WBD named Mark Thompson as CNN's new CEO in a shift by David Zaslav to an experienced news leader. Thompson is widely credited with turning the Times into a digital powerhouse, transforming a news organization that was teetering financially. Under Thompson, there also were flops along the way to success for the Times, like the failed NYT Now mobile app. Thompson is expected to be involved in editorialObservers and insiders expressed optimism about the Thompson news. They also will be watching to see how he will carry out WBD CEO David Zaslav's commitment to providing a wider range of political viewpoints, including conservative ones.

Persons: WBD, Mark Thompson, David Zaslav, Thompson, Chris Licht, Ken Doctor, Meredith Kopit Levien, who'd, Times —, Levien, Nate Silver, Jill Abramson, Abramson, wouldn't, Mark, Donald Trump, David Zaslav's, He'll, Jeff Zucker, I've, Zaslav, Licht, he'd, Semafor, James Harding, Andrew Ross Sorkin, he's, Jonathan Miller, Miller, Amy Entelis, David Leavy, Virginia Moseley, Eric Sherling, who's, Leavy Organizations: CNN, New York Times, Warner Bros, Discovery, Max, longtime Times, Times, ESPN, ABC, Observers, BBC, Company, Integrated Media Co, Editorial Locations: British

Mark Thompson, a former chief executive of The New York Times and leader of the BBC, is expected to be named the next top executive of CNN, according to three people with knowledge of the decision. Some senior executives at Warner Bros. Discovery, CNN’s parent company, have already been informed of the decision to hire Mr. Thompson, said the people, who spoke on the condition of anonymity because some executives at CNN hadn’t yet been informed of the decision. Mr. Thompson and a spokesman for Warner Bros. Ratings have plummeted, profits have slumped, and the network is still reeling from Chris Licht’s tenure as chief executive, which was terminated in June amid sagging staff morale.

Persons: Mark Thompson, Thompson, Chris Licht’s, Licht’s, Amy Entelis, Virginia Moseley, Eric Sherling —, David Leavy, David Zaslav Organizations: The New York Times, CNN, Warner Bros, Discovery, Warner Bros .

As his re-election effort gets underway, President Biden is signaling that health care — and particularly the cost of it — will be central to his campaign. “We’re taking on powerful interests to bring your health care costs down,” he has said. Biden is emphasizing the cost of health care partly because it has been one of his administration’s biggest priorities, even if other policies — such as those on the climate and infrastructure — receive more attention. His administration has reduced the cost of hearing aids, reduced the cost of health insurance for people who buy it though an Obamacare exchange and reduced an array of expenses for Medicare recipients. “Millions of people benefit from the health care provisions,” Larry Levitt, an executive vice president at KFF, a health care research group, told us.

Persons: Biden, “ We’re, ”, “ I’m, Larry Levitt Organizations: White Locations: KFF

☆ China’s Problems Are Real
▼ + stars: | 2023-08-25 | by ( David Leonhardt | More About David Leonhardt | ) www.nytimes.com time to read: +1 min

China’s economic problems can seem sudden and surprising. The real estate market is in a serious slump. Unemployment among young adults has surged above 20 percent — and the government has responded by suspending the release of that statistic. “The most terrifying thing is that everyone around me is at a loss of what to do next,” Richard Li, the owner of an auto parts business who has closed two of his four stores, told my colleague Li Yuan. My main argument is that China’s problems are not, in fact, new.

Persons: ” Richard Li, Li Yuan, “, ”

☆ CNN is launching a live service on Max with new programming as the network reboots its streaming efforts
▼ + stars: | 2023-08-24 | by ( Oliver Darcy | ) edition.cnn.com time to read: +5 min

New York CNN —CNN is heading to the Max streaming platform. Under previous leadership, CNN launched the standalone streaming service CNN+, which former executives touted as one of the most important moves in the network’s four-decade history. Warner Bros. CNN Max represents a path forward into the future, while also being more aligned with Warner Bros. Discovery’s vision. Discovery said that CNN Max will be available across all its various subscription packages, including its advertiser-supported plans.

Persons: CNN Max, Jake Tapper, ”, “ Anderson Cooper, Jim Acosta, Rahel Solomon, Amara Walker, Fredricka Whitfield ”, Jim Sciutto, “ Stanley Tucci, Italy ”, “ Anthony Bourdain, Anderson Cooper ”, Chris Wallace, —, Amy Entelis, David Leavy, Virginia Moseley, Eric Sherling —, Audie Cornish, David Zaslav, Max, Zaslav, ” JB Perrette, Warner Organizations: New, New York CNN, CNN, Max, Warner Bros ., Warner Bros . Discovery, “ CNN, Nielsen, Warner Bros, HBO, Discovery, CNN International, Netflix, Turner Sports Locations: New York, United States, Italy

The eight Republican presidential candidates who took the stage last night had a lot going for them. There was a sitting senator and two sitting governors, as well as an entrepreneur, a few former governors, a former U.N. ambassador and a former vice president. Polls show that several of them have high approval ratings among Republican voters. But the 2024 Republican campaign is shaping up to be unlike any in memory. Donald Trump remains so popular among Republican primary voters that there is no obvious path for any of the other candidates to displace him.

Persons: Donald Trump Organizations: Republican, Republicans, Fox News

It is unclear how far along the talks are with Mr. Thompson and the other candidates. Mr. Thompson declined to comment. Semafor earlier reported CNN’s interest in Mr. Thompson. Since Mr. Licht’s departure, CNN has been run by four people, three of whom — Amy Entelis, Virginia Moseley and Eric Sherling — are CNN veterans. The fourth, the CNN chief operating officer David Leavy, has been a longtime lieutenant to Mr. Zaslav, and was appointed shortly before Mr. Licht’s dismissal.

Persons: Mark Thompson, Thompson, David Zaslav, Chris Licht, Semafor, Licht’s, Amy Entelis, Virginia Moseley, Eric Sherling —, David Leavy, Zaslav Organizations: The New York Times, CNN, Warner Bros, Mr, Discovery

As valuations for National Basketball Association and National Football League teams have leaped beyond the reach of even some billionaires, pickleball offers, by comparison, a more affordable opportunity. Valuations of pickleball teams reportedly range anywhere from $1 million to $10 million. Pickleball proponents say the sport will eventually develop its own celebrity players. He pointed out that while pingpong has long been played by millions of people in multiple countries, it hasn’t become a commercial success. “I think that pickleball is going to confront some of the same issues,” he said.

Persons: pickleball, ”, Patrick Rishe, St . Louis, it’s, David Levy, Levy, Andre Agassi, John McEnroe, ” Andrew Zimbalist, DealBook, pingpong, hasn’t, “ Organizations: National Basketball Association and National Football League, Washington, Washington University, Turner, Horizon, ESPN, Smith College Locations: St .

☆ A recession is only delayed as the economy continues to lose steam. Here's exactly how 8 top strategists and money managers recommend investing in this turbulent market.
▼ + stars: | 2023-08-16 | by ( James Faris | ) www.businessinsider.com time to read: +9 min

Now, the inverse has happened as stocks rally, inflation steadily falls, and the labor market stays healthy. By any historical measure, this is still a really strong labor market," he said. "There's a lot of market concern — understandably so — about the sustainability of the strong labor market," Porter said. "There are clear signs that we're weakening at the margin," Schurmeier said of the labor market. "And they're able to thread the needle on the other part of their mandate, which is the labor market."

Persons: John Porter, Jason Draho, Porter, David Lebovitz, Lebovitz, they're, Draho, Jonathan Curtis, Curtis, Brent Schutte, Schutte, Jake Schurmeier, Schurmeier, they'll, shouldn't, Charles Lemonides, Lemonides, Greg Calnon, Calnon, Franklin Equity Group's Curtis, he's Organizations: Newton Investment Management, UBS Global Wealth, Asset Management, Franklin Equity Group, Workers, Northwestern, Harbor Capital Advisors, Fed, Goldman Sachs Asset Management, Franklin Equity

☆ Wozniacki shifts focus to U.S. Open after early Cincinnati exit
▼ + stars: | 2023-08-15 | by ( ) www.reuters.com time to read: +2 min

"I still have about 10 days to prepare for the U.S. Open. There is quite a few things that I feel like I need to do better," Wozniacki told reporters. Wozniacki, citing her desire to start a family with her husband, former NBA player David Lee, retired from tennis after the 2020 Australian Open. Despite only having three competitive matches since her return, Wozniacki feels she has what it takes to eventually meet the expectations for her to make a splash. Reporting by Frank Pingue in Toronto; Editing by Ken FerrisOur Standards: The Thomson Reuters Trust Principles.

Persons: Caroline Wozniacki's, Wozniacki, Varvara Gracheva, Marketa, Gracheva, Elina Svitolina, David Lee, Dane, Olivia, James, Serena Williams, Kim Clijsters, Victoria Azarenka, Frank Pingue, Ken Ferris Organizations: U.S ., Cincinnati, Canadian, Wimbledon, Montreal, NBA, U.S, Thomson Locations: France, Cincinnati, Toronto

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