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Until the government's measures pan out, investment strategists are recommending a handful of oversold stocks in China. U.S. hedge fund billionaire David Tepper said Thursday on CNBC's " Squawk Box " that he bought more Chinese stocks after the change in China policy. That hedge fund allocation rose to 7.3% on Tuesday, which saw the largest single day purchases by hedge funds since March 2021, Rubner said. Retail investors account for the majority of trading activity in mainland Chinese stocks, also known as A shares. Mainland Chinese stock exchanges are scheduled to close from Oct. 1 to Oct. 7 for a holiday, which this year commemorates the 75th anniversary of the People's Republic of China.
Persons: Wendy Liu, Rupal Agarwal, Bernstein, David Tepper, Donald Trump, Tepper, Pan Gongsheng, Xi Jinping, Scott Rubner, Goldman Sachs, Rubner, Goldman, China hasn't, Li Dongfang, Li, financials, — CNBC's Michael Bloom Organizations: CSI, JPMorgan, Tal Education, Huawei, People's Bank of China, CNBC, HK Locations: Shanghai, Shenzhen, China, Tsingtao, U.S, Zhejiang, Asia, Hong Kong, Beijing, Mainland, People's Republic of China
I've been to Las Vegas over 50 times and want others to enjoy Sin City as much as I do. I've been visiting Las Vegas for over 20 years. Wendy LeeWith over 50 visits to Las Vegas under my belt, I consider myself an expert in all things Sin City. Early in our marriage, my husband and I started traveling to Las Vegas every June to celebrate our anniversary. I love Las Vegas, so I'm always disappointed when I hear people complain about it, especially when many of their negative experiences could've been avoided.
Persons: I've, Wendy Lee, I'm, could've Organizations: Las Locations: Las Vegas, Sin, Sin City, Vegas
Instead, JPMorgan increased its overweight recommendations on other emerging markets. Even after the change, JPMorgan still holds 18 China stocks in its global emerging markets model portfolio. The JPMorgan analysts said uncertainties about the China economic outlook range from tensions with the U.S. to "lingering deflation pressure." During three periods of escalating U.S.-China trade tensions in 2018 and 2019, the MSCI China index fell each time, according to JPMorgan China Equity Strategist Wendy Liu. As part of its China stock downgrade, JPMorgan added shares of state-owned utility operator CR Gas , while removing shares of PDD, China Construction Bank and Kingdee International.
Persons: Pedro Martins, Chetan Seth, Jake Sullivan, Kamala Harris, Joe Biden's, Harris, Donald Trump, Wendy Liu, ByteDance, — CNBC's Michael Bloom Organizations: JPMorgan, Wednesday, Sunday, Reuters, Nomura's, Nomura, JPMorgan China Equity, CR Gas, China Construction Bank, Kingdee International, Kuaishou Technology, Meituan, Hong Locations: China, U.S, Nomura's Asia, Japan, Beijing, PDD, Hong Kong, Thursday's
A few years ago, the organizers of one of the largest U.S. exercise programs for people with Parkinson’s disease realized they had a problem: Most of the students were white. But people who run Parkinson’s exercise programs in a handful of U.S. cities describe great difficulty in recruiting Black people. Johnson said his Chicago-area initiative offered a free six-month exercise program for Parkinson’s patients and increased marketing in the Black community but got little traction. When a white person shows up at the doctor’s office with such symptoms, a doctor would likely recognize them as signs of Parkinson’s, said Bernard Coley, an advocate for people with Parkinson’s disease, especially those in underengaged communities. After his less-than-successful efforts to recruit Black Parkinson’s patients into his exercise program in Chicago, Johnson concluded that the fact that he’s not Black is an “important factor.”Leventhal, who runs the Parkinson’s exercise program in New York, has come to the same conclusion.
Persons: “ We’re, who’s, , David Leventhal, Mark Morris, New York City . Leventhal, Leventhal, it’s, ” Leventhal, Eddie Marritz, Parkinson’s —, Eric Johnson, Johnson, , Bernard Coley, Coley, Amber Star Merkens, ” Coley, Wendy Lewis, Tammyjo, Black, he’s, puller Organizations: Mark Morris Dance Group, New York City ., Mark Morris Dance, Yale, Movement, Parkinson’s, Nature, Parkinson’s Foundation, Parkinson Council, Emory University, KFF Locations: U.S, New York City, Chicago, California, Philadelphia, Atlanta, New York
Indonesia ranks as one of the world's biggest contributors to ocean plastics, and a lot of it comes from rivers. The local nonprofit Sungai Watch saves about 3 metric tons of trash from entering the ocean every day with simple barriers and manual labor. We visited the island of Bali to meet the three young siblings behind the nonprofit and learn why a tropical paradise has a huge trash problem.
Organizations: Sungai Watch Locations: Indonesia, Bali
JPMorgan is "positive" on China stocks and "constructive" on its real estate sector as the world's second-largest economy strives to prop up its equity and property markets. JPMorgan's view on China stocks is "tilted in the positive direction," said Wendy Liu, the firm's chief Asia and China equity strategist. Liu, who expects the index to hit 3,900 by the end of the year, said that China market was still "among the cheapest" in Asia Pacific. Mainland China's CSI300 was the third worst performing stock market in Asia, losing 11.38% last year. When asked about the Chinese real estate sector, Liu said it was at an "inflection point," and that JPMorgan was "constructive" on the sector.
Persons: Wendy Liu, Liu, they'll, CSI300, Hong, malpractices . Liu, Wu Qing, Wu, JPMorgan Organizations: JPMorgan, JPMorgan Global China, China Securities Regulatory Commission, People's Bank of China Locations: China, Asia, Jegarajah, Asia Pacific
After visiting Las Vegas over 50 times, my husband and I have a dining strategy: We return to a few of our favorite spots and then try a couple of new ones. AdvertisementOcean Prime is a splurge-worthy restaurant perfect for celebrating special occasionsWendy LeeIn 2023, Ocean Prime opened on the corner of Las Vegas Boulevard and Harmon Avenue — it even has a rooftop terrace overlooking The Strip. AdvertisementAt first, that made me doubt the quality of the food — but I've learned the food is even better than the decor. On a recent trip to Catch, I got the best French toast I've ever eaten. Located inside Paris Las Vegas, the French eatery has a patio directly across the street from the Bellagio Fountains.
Persons: , Wendy Lee, Roy Choi, Jon Favreau, Lago, Julian Serrano's Lago, George Rose, Julian Serrano, I've, Retox, Bardot Brasserie, Bardot, Benedict, De Laurentiis, Mon Ami Gabi, Harun Ozmen, Shutterstock Organizations: Service, Las Vegas, Business, MGM, Bellagio, Casino, Ocean, Cosmopolitan, Mon Locations: Vegas, Cuban, Bellagio, Bellagio Fountains, Lago, Las Vegas, It's, cafés, Paris, Cromwell, ribeye, York, it's, New York, Paris Las Vegas
When the Pandemic Hit Home
  + stars: | 2024-03-12 | by ( Catherine Pearson | ) www.nytimes.com   time to read: +11 min
The World Health Organization declared Covid-19 a pandemic on March 11, 2020 — but we all have our own memories of when normal life stopped. ASIA EDWARDS, 39, BLOOMFIELD, N.J.Johnna Wallace While driving to work at the beginning of the pandemic, I couldn’t help but wonder: Was this how I was going to die? I am an emergency room nurse. Scott McGlasson My 55-year-old wife was dying from metastatic breast cancer when the pandemic hit. WENDY LAMPARELLI, 57, RIDGEFIELD PARK, N.J.Ellen Blossom Our home was hit by a tornado on March 3.
Persons: Sheehan Fisher, Katie MacGregor, KATIE MacGREGOR, WHITING , MAINE Asia Edwards Covid, ASIA EDWARDS, Johnna Wallace, JOHNNA WALLACE, Julie DeJager, Tom Hanks, JULIE DeJAGER, CLEVELAND , OHIO Katherine Schwartz, Covid, it’ll, , Wanda, KATHERINE SCHWARTZ, Jean Martirez Barton, , , JEAN MARTIREZ BARTON, Lauren Alzos, I’d, LAUREN ALZOS, BROOKLYN Farah Alvin My, Chuck E, cupcakes, ” FARAH ALVIN, Vicky Fleming I’m, VICKY FLEMING, Scott McGlasson, SCOTT McGLASSON, MINNEAPOLIS Aisha McMillan, AISHA McMILLAN, BALTIMORE Melissa Manning, MELISSA MANNING, CITY Sarah Cornwell, SARAH CORNWELL, Christie Poulton, CHRISTIE POULTON, Wendy Lamparelli, WENDY LAMPARELLI, Ellen Blossom, ELLEN BLOSSOM, NASHVILLE Maryann Briggs, Jasmine, MARYANN BRIGGS, Matt Dominianni, MATT DOMINIANNI, Carrie Shanafelt, CARRIE SHANAFELT, BRONX Ali Jordahl, Terri Tilford, I’m immunocompromised, TERRI TILFORD, Tim Prendergast, TIM PRENDERGAST Organizations: World Health Organization, Northwestern University Feinberg School of Medicine, The Times, Costco, GREAT, BJ’s Wholesale, Broadway, CITY, NASHVILLE, Bronx ., BRONX, ALI, ATLANTA, TIM Locations: Mason City , Iowa, WHITING , MAINE Asia, BLOOMFIELD, N.J, DURHAM, CONN, CLEVELAND , OHIO, New Mexico, Chicago, Albuquerque, EVANSTON, Manhattan, BROOKLYN, P.P.E, GREAT BARRINGTON, MINNEAPOLIS, BALTIMORE, HILLSBORO, RIDGEFIELD PARK, Covid, BOULDER, COLO, Bronx, Atlanta, PALM SPRINGS, CALIF
If you open TikTok today, you might well be greeted with creators dancing to royalty-free music instead of your favorite tunes from artists like Taylor Swift or Bad Bunny. The move has resulted in a whole archive of "muted" TikTok videos, and even the UMG artists themselves aren't safe. Some TikTok creators are already responding to UMG's move by filming themselves dancing to songs in the public domain. I'm glad they are far in the past because I look awkward mouthing and dancing to no music," Romano said. "I would say 75% of my videos would contain UMG music," Romano said.
Persons: Taylor Swift, That's, Justin Bieber, Bieber, Kevin MacLeod, Kristen Wiig, Will Ferrell, Sophia Romano, Romano, UMG, Brian Gabriel, Gabriel, Nikalas Anderson, Anderson, Für Elise, Wendy Ly, Swift's Organizations: Universal Music Group, UMG, Globes, BI Locations: NYC, Los Angeles, Japan
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailJPMorgan shares its 'non-consensus' view on China's property marketWendy Liu, chief Asia and China equity strategist at the investment bank, says the property market should show signs of stabilization in the second half of 2024.
Persons: Wendy Liu Organizations: JPMorgan Locations: Asia, China
Some movers are giving up on Los Angeles and Dallas for smaller cities in Texas and Nevada. The cherry on top is the relatively affordable real estate compared to other cities. That lump sum of cash got some movers in the door, but the booming job market and relatively affordable housing are keeping them there. New Braunfels, Texas Regan Bender/ShutterstockPeople flock to the Lone Star state, but not always to the usual destinations. New Braunfels, Texas, attracts more movers than Austin and Dallas today with its relatively affordable homes and dearth of job opportunities.
Persons: , Vegas , Nevada Wendy Lee Las, Richard Katz, Katz, Andrew Arevalo, Adam Outlaw, Outlaw, New Braunfels , Texas Regan Bender, Anna Lagos, we'd, Jean Tanner Organizations: Service, Austin, . Topeka , Kansas Getty, Topeka, Lone Star, Adobe, Meta, Microsoft Locations: Los Angeles, Dallas, Texas, Nevada, New York, Austin, Las Vegas, New Braunfels , Texas, Topeka , Kansas, Provo , Utah, Vegas , Nevada, Sin, Virginia, Vegas, . Topeka , Kansas, Topeka, Boston, California, San Antonio, New Braunfels, Lagos, Denver, Salt Lake City, Provo
“We have warned for years that either the United States would write the rules for digital trade or China would,” Senator Mike Crapo, a Republican from Idaho, lamented in a press statement. That paper explains how U.S. trade officials came to champion a digital trade policy agenda that was nearly identical to what Google, Apple and Facebook wanted: No restrictions on the flow of data across borders. No laws that would curb monopolies or encourage more competition — a position that is often cloaked in clauses prohibiting discrimination against American companies. Many smaller tech companies complain that big players engage in monopolistic behavior that should be regulated. A group of smaller tech companies called the Coalition for App Fairness thanked Ms. Tai for dropping support for the so-called tech-friendly agenda at the World Trade Organization.
Persons: Mike Crapo, Biden, Tai, Wendy Li, Ms, Li, Henry Gao Organizations: Republican, Facebook, Google, University of Wisconsin, Trump, Microsoft, Apple, Coalition, World Trade Organization Locations: China, United, Idaho, Madison, United States, Mexico, Canada, Washington, Singapore
LOS ANGELES (AP) — “Nope” star Keke Palmer alleges in civil court documents that she suffered physical and emotional abuse at the hands of her ex-boyfriend, with whom she shares a son. The filing this week in Los Angeles County Superior Court included a request for a domestic violence restraining order against Darius Jackson, 29. Telephone messages seeking comment from Jackson were left on voicemail at a number associated with his address as listed in the court filing. She said she dated Jackson from June 2021 until the relationship ended this past October because of physical and emotional abuse. Representatives for Palmer did not immediately respond to emails seeking comment from the star.
Persons: Keke Palmer, Darius Jackson, Wendy L, Wilcox, Jackson, Lauren Palmer, Darius trespassed, , , Palmer, ” Palmer, “ Akeelah, she's Organizations: ANGELES, Court, Broadway Locations: Los Angeles, Palmer
The biggest debate in tech
  + stars: | 2023-11-02 | by ( Dan Defrancesco | ) www.businessinsider.com   time to read: +8 min
NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. In today's big story, we're looking at the tech industry's debate over whether AI poses a real threat to humanity. The big storyBig Tech's big lieAP Photo/Julia Nikhinson; Arantza Pena Popo/InsiderWant to get someone in tech riled up? The private event, which had an exclusive guest list, has been criticized for favoring Big Tech executives over actual AI experts. "When big tech companies, big startups, and powerful VCs start calling for regulation of their hottest new technology, something is very wrong," Alistair Barr, Insider's global tech editor, told me.
Persons: , Heidi Klum's, Klum, Julia Nikhinson, Arantza Pena Popo, Andrew Ng, Ng, Big, BlackRock's Larry Fink, Spencer Platt, Elon Musk, Alistair Barr, It's, Alistair, Insider's Beatrice Nolan, Sam Bankman, Aaron Schwartz, Stanley Druckenmiller, Druckenmiller, Tyler Le, SBF, Wendy Lee, Alba Santaliestra, Dan DeFrancesco, Naga Siu, Hallam Bullock, Lisa Ryan Organizations: Service, Fed, Tech, Google, Australian Financial, Big Tech, Getty Images Tech, Wired, Xinhua, Getty, Market, Apple, YouTubers, YouTube, Mexico City Locations: Israel, Muertos, Mexico, New York City, San Diego, London, New York
This post originally appeared in the Insider Today newsletter. In today's big story, we're looking at a Wall Street giant jumping into one of the hottest sectors in finance. Similarly, a Google Brain cofounder said Big Tech companies are lying about AI risks to shut down competition. It's the latest example of how Big Tech can wreak havoc on smaller players overnight. The Insider Today team: Dan DeFrancesco, senior editor and anchor, in New York City.
Persons: , Julia Nikhinson, Arantza Pena Popo, BlackRock, Larry Fink, Insider's Rebecca Ungarino, Rebecca, It's, Blackstone, BlackRock's Larry Fink, Spencer Platt, Aaron Schwartz, that's, Charlie Munger isn't, Warren Buffett's, it's, Tyler Le, Ksenia Yudina, Gen Z's, Gen, Vegas Wendy Lee, Wendy Lee, Dan DeFrancesco, Naga Siu, Hallam Bullock, Lisa Ryan Organizations: Service, Street, KKR, Getty, Greenwich Economic, Xinhua, Federal Reserve, Big Tech, Market, Sin City Locations: Greenwich, Vegas, Las Vegas, Sin, New York City, San Diego, London, New York
The ramifications for global markets are significant, with Washington and Beijing's determination to loosen dependence on each other fraying long-established supply chains. Many central banks target 2% inflation; market gauges of traders' long-term U.S. and European inflation expectations are running higher , . Anna Rosenberg, head of geopolitics at the Amundi Investment Institute, said Sino-U.S. tensions, provide a "new lens" through which to analyse emerging markets' growth prospects. But the performance of big U.S. tech stocks and global share indices are vulnerable to signs of Chinese retaliation. With China underperforming global stocks, investors are split on how to approach this market.
Persons: Dado Ruvic, Joe Biden, Goldman Sachs, Wouter Sturkenboom, Laura Alfaro, Anna Rosenberg, Christopher Rossbach, J, Stern, Carole Madjo, Wendy Liu, Baird, Patrick Spencer, Naomi Rovnick, Kripa Jayaram, Riddhima, Vineet, Sumanta Sen, Pasit, Louise Heavens Organizations: REUTERS, EMEA, APAC, Northern Trust, Reuters, Research, Harvard Business, Amundi Investment Institute, INDIA RUSH, Barclays reckons, EU, Apple, China, Barclays, JPMorgan, Thomson Locations: West, China, Washington, Western, Germany, Northern, Europe, FRIENDSHORING Washington, Vietnam, Mexico, Mongolia, Philippines, Sino, U.S, India, Beijing, COVID, CHINA
Tiny Love Stories: Oh, August!
  + stars: | 2023-08-22 | by ( ) www.nytimes.com   time to read: 1 min
What I Can Still SeeI didn’t think I was grieving when my ex-husband died this summer, but my body told a different story. I slept poorly, overate and mistakenly drove toward our long-ago home, not my present one. Friends wrote sympathy notes, saying they hoped I would “treasure the good times.” It surprised me that I could. In the old photos our adult children asked for, I can see the pleasure we were having. This may be another gift of aging: Without dismissing the awful times, it’s still possible to hold the joys.
Persons: it’s, Wendy Lichtman
We're positive on China's internet stocks, JPMorgan says
  + stars: | 2023-07-19 | 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 EmailWe're positive on China's internet stocks, JPMorgan saysWendy Liu, JPMorgan's chief Asia and China equity strategist, says digitalization and artificial intelligence development will give companies a "huge edge."
Persons: Wendy Liu Organizations: JPMorgan Locations: Asia, China
In the summer of 2015, Katherine Macfarlane was preparing to teach at the University of Idaho’s law school. It was her first teaching job on a tenure track, and she wanted to make sure she had everything she needed. So she submitted a request for a keyboard tray and a few other office items. It wasn’t enough: Her request was denied because the documents were deemed outdated, she recalled. “So I pleaded with a rheumatologist I’d seen in the past and desperately asked for a letter.”
Persons: Katherine Macfarlane, Macfarlane, Ms, Organizations: University of Locations: Spokane
Her picks for the most prestigious in the city include The Hewitt School and Allen-Stevenson. New York City parents face an extremely challenging and competitive private-school admissions process that starts with preschool. Teacher evaluations are another critical component of New York City private-school admissions. Most schools Levey has worked with have a staff member from the math department and the language-arts department meet with the applicant. Below is Levey's ranking of the 10 most prestigious private all-girls, all-boys, and co-ed middle and high schools in New York City.
Persons: Wendy Levey, Stevenson, Levey, It's Organizations: The Hewitt School, Allen Locations: Manhattan, Stevenson . New York City, New York City
Longtime banking executive Barbara Turner, veteran board member Wendy Lane and Lauren Taylor Wolfe, the co-founder of Impactive Capital, joined the board in the last days. Envestnet, which provides technology and automation software for financial advisors and banks, also said it will suggest that all of its directors stand for election every year. "These appointments were informed by Envestnet's ongoing dialogue with shareholders as we continue to execute on our strategic plan to deliver enhanced value to shareholders," James Fox, Envestnet board chairman, said in a statement. Impactive, founded by veteran investors Taylor Wolfe and Christian Asmar, owns a 7.5% stake in Envestnet and in January nominated four director candidates to the board. Impactive blamed poor profit margins and capital allocation for Envestnet's underperformance and said its management and board directors were overpaid.
The region's rally – supported by China's reopening – seems to have hit a wall, but economists say MSCI's broadest index of Asia-Pacific shares outside Japan has further room to run. I still expect the Asian stock markets will outperform their U.S. peers after a short-term correction on China's reopening in 2023. "Modest valuations, light investor positioning and good fundamentals are buffers that should help Asian stocks withstand near-term volatility," BNP's Liu said. She added that domestic demand in the region will be the "driver of economic growth," and she expects trade volumes to recover with China's market reopening. "I still expect the Asian stock markets will outperform their U.S. peers after a short-term correction on China's reopening in 2023," she said.
JPMorgan named five stocks it recommends to buy amid an expected rise in the broader Chinese stock market during February. The investment bank said it "remains bullish" on Macao casino operator Sands China and Galaxy Entertainment , and Hong Kong retail landlords Wharf REIC , LINK and Fortune REIT . Strategists at the Wall Street bank attributed last week's sell-off in Hong Kong listed shares as profit-taking by some investors. They also said the broader market rotate into "quality laggards in consumption as well as value cyclical and growth spaces." However, JPMorgan's Kim said analysts' expectations are due to jump higher on the positive data points.
Google "raters" who test and evaluate search quality say they aren't fairly compensated. This means the raters are not technically Google employees, even though they are tasked with improving its services. In this latest action, workers in the Alphabet Workers Union have organized a visit to Google's headquarters to deliver a petition addressed to Prabhakar Raghavan, the senior vice president at Google overseeing search. Now many tech workers have considered joining unions as mass layoffs have swept the industry in recent months. In 2021, tech workers at The New York Times formed a union.
Everyone's relationship with food is different, which is not a bad thing — depending on what that relationship looks like. If you find you have a difficult or challenging relationship with food, you might want to consider a way of eating that is guided by your personal experience, rather than outside influence, like intuitive eating, according to Wendy Lopez, a registered dietitian. "With intuitive eating, instead of focusing on external food roles to guide your eating choices, one of the goals is to cultivate trust in yourself when it comes to food and the innate instincts that you have," she says. Lopez, who co-hosts nutrition podcast "Food Heaven" with Jessica Jones, is promoting a new partnership with Take Root Organics. "Intuitive eating kind of helps quiet the noise, and you're able to tune into what [eating] habits work best for you," Lopez says.
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