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☆ Soft landing? Not so fast: Inflation heated back up in October
▼ + stars: | 2024-11-27 | by ( Alicia Wallace | ) edition.cnn.com time to read: +2 min

CNN —The Federal Reserve’s favored inflation gauge just moved in the wrong direction. The Personal Consumption Expenditures price index rose 2.3% in October from the year before, accelerating from the 2.1% pace notched in September, according to Commerce Department data released Wednesday. On a monthly basis, prices rose 0.2%, matching the gain seen in September. Inflation within the services sector drove much of the monthly increase, as those prices rose 0.4% from September, while goods prices ticked up by 0.1%. Wednesday’s inflation readings were exactly what economists had anticipated: Consensus estimates called for a 0.2% monthly increase and for the annual rate to climb to 2.3%, according to FactSet.

Persons: Donald Trump, —, We’re, Gus Faucher, “ Organizations: CNN, Federal, Commerce Department, PNC Financial Services Group, CNN Business

☆ This fund has outperformed the S&P 500 over the past 5 years. Here's how
▼ + stars: | 2024-11-13 | by ( Pia Singh | In | ) www.cnbc.com time to read: +7 min

Select Quality Equity Fund (GQEPX) is up 33% in 2024, outpacing the S & P 500's 27% year-to-date total return. It has also outperformed 99% of funds in its category over the past five years, per Morningstar. This matches the rest of the firm's fund strategies, GQG portfolio manager Brian Kersmanc told CNBC. "We focus on this concept of forward quality," Kersmanc explained. So they're considered that sort of a blue chip, almost widow-and-orphan stock within the portfolio," Kersmanc said.

Persons: Morningstar, GQEPX, Brian Kersmanc, Eli Lilly, Kersmanc, Rajiv Jain, it's, Philip Morris, —, It's, they're Organizations: GQG Partners, Equity Fund, CNBC, Nvidia, Exxon Mobil, Kersmanc, Exxon Locations: Florida, GQEPX

☆ Trump is already wielding power and causing massive disruption
▼ + stars: | 2024-11-11 | by ( Stephen Collinson | Trump S Determination To Project Peerless Authority Is Playing Out On Multiple Fronts | ) edition.cnn.com time to read: +11 min

Democrats are, meanwhile, coming to terms with the massive fallout of their failure to stop Trump’s return to power, even as they dissolve into self-recrimination. They lack a clear leader to revive their message or a platform of power if Republicans retain control of the House. Establishing dominance over Washington Republicans: Trump has been mostly behind closed doors since his victory rally last week. Trump is promising to return to the volatile foreign policy that defined his first term — and then some. The conundrum facing US allies was laid out by French President Emmanuel Macron, who rode the Trump first-term rollercoaster.

Persons: Donald Trump, Trump, —, Mike Pompeo, Nikki Haley, Elise Stefanik, rouser Elon Musk, Volodymyr Zelensky —, Joe Biden —, Susie Wiles, Pompeo, Haley, Roger Stone, MAGA, “, ” Trump, Tony Carrk, Elect Trump, Florida Sen, Rick Scott —, Vivek Ramaswamy —, Dakota Sen, John Thune, Texas Sen, John Cornyn, Thune, Cornyn, ”, Washington, trepidation, Jim Jordan, Dana Bash, Jordan, Jack Smith, Musk, Trump —, Vladimir Putin, Emmanuel Macron, Macron, ” Macron Organizations: CNN, White, Republicans, GOP, United, New York, Trump, Pentagon, Overseas, peerless, CIA, South Carolina governor’s, Washington Republicans, Republican, United States, Democrats, Union, Ohio Republican, SpaceX Locations: Florida, United Nations, Europe, Taiwan, Iran, Russia, United States, Arizona, Washington, South Carolina, New York, ., Dakota, Texas, “ State, China

☆ A 29-year-old thrifter who replaced her 9-to-5 income reselling clothes on eBay shares the strategies she uses to find profitable items
▼ + stars: | 2024-11-07 | by ( Kathleen Elkins | ) www.businessinsider.com time to read: +6 min

Kendall VanGilder turned thrifting into a full-time reselling business in 2024. The hobby grew on her with time, and one particular trip to Goodwill "changed my viewpoint on thrifting," she recalled. The majority of her income comes from her eBay store, Style Secondhand. Sometimes it's not, but a lot of times the combination of those things I look for make it a really good item." Advertisement"Those are out there and waiting to be found at a thrift store or a buy-sell-trade store," she said.

Persons: Kendall VanGilder, —, thrifting, I've, VanGilder, Lululemon, she's, it's, she'll, I'd, Tom Ford hoodie Organizations: eBay, Service, Business, Urban Outfitters, BI, Salvation Army, Goodwill Locations: Lululemon, That's, Cheapskate, reselling, Italy

☆ Hermès isn't just surviving the luxury slump — it's thriving
▼ + stars: | 2024-10-24 | by ( Maria Noyen | ) www.businessinsider.com time to read: +5 min

The French fashion house is bucking the trend of the luxury industry as competitors like LVMH stutter. Hermès is succeeding while peers struggle because it follows the law of luxury to a tee, analysts say. AdvertisementIf the luxury slump is an epidemic, Hermès is managing to stay immune. The fashion house is reaping the rewards of a long-term strategy and abiding by the fundamental laws of luxury. AdvertisementIn the luxury fashion world, there's a growing belief that "getting attention is everything," Pedraza said.

Persons: Hermès, —, LVMH, Kering, Hermès Birkin, Sarah Jacobs, Carole Dupont, Eric du Halgouët, Pietri, Martin, Roll, Milton Pedraza, Pedraza, Hermés Organizations: Service, New York Loan, Business, Investor Relations, Hermès, Finance, McKinsey, Paris Thomson Reuters, Luxury Institute Locations: Asia, Japan, China, Switzerland, Paris, LVMH

☆ 2024 NFL Week 5: The best of Sunday’s games and the standout storylines
▼ + stars: | 2024-10-06 | by ( Coy Wire | Adam Renuart | ) edition.cnn.com time to read: +23 min

CNN —Football gets an early start Sunday as the NFL kicks off its yearly international tour with the NFL London Games. With a full slate of football from morning to night, here are the three games you don’t want to miss. New York Jets (2-2) @ Minnesota Vikings (4-0) - 9:30 a.m. Bryan M. Bennett/Getty Images Minnesota Vikings quarterback Sam Darnold throws the ball to tight end Johnny Mundt in Minneapolis on Sunday, September 22. Full Sunday scheduleAway vs. homeNew York Jets (2-2) @ Minnesota Vikings (4-0) – 9:30 a.m.

Persons: Phoebe Schecter, Rob Boras, Sam Darnold, JJ McCarthy, Darnold, –, ” Darnold, “, ” CNN’s Coy Wire, who’s, he’s, He’s, Brock Purdy, Patrick Mahomes, Josh Allen, Allen, Camryn Bynum, Steve Luciano, Keon Coleman, Eric Gay, Trevor Lawrence, David Rosenblum, Daniel Whelan, Gregory Bull, Trey Sermon, Nathan Ray Seebeck, Ka'imi Fairbairn, Deommodore Lenoir, Ezra Shaw, Riley Moss, Cooper Neill, Aaron Rodgers, Rodgers, Zac Goodwin, Jayden Daniels, Christian Petersen, Tremon Smith, Greg Zuerlein, Seth Wenig, Ja'Tavion Sanders, Germaine Pratt, Grant Halverson, Eric Murray, George Kittle, Jed Jacobsohn, Darius Slayton, Eric Kendricks, Brad Penner, Reuters Damar Hamlin, Bryan M, Bennett, Johnny Mundt, Stephen Maturen, Calvin Austin III, Brandon Sloter, John Amis, Aaron Jones, Stacy Bengs, Dak Prescotts, Allen Lazard, Alex Austin, Darnell Mooney, Matt Slocum, Dax Hill, Jay Biggerstaff, Deebo Samuel Sr, Ivan Pace Jr, Abbie Parr, Alvin Kamara, Kamara, Tim Heitman, Tua Tagovailoa, Tagovailoa, Jasen, Caroline Brehman, Shutterstock, Dak Prescott, Prescott, Ken Blaze, Brian Robinson Jr, K.J, Britt, Jaylen Waddle, Hill, Stephanie V, Daniels, Al Diaz, Justin Fields, Danny Karnik, Okonkwo, Tyrique Stevenson, David Banks, Reuters Rhamondre Stevenson, Jason Mowry, Andrew Van Ginkel, Vincent Carchietta, Rebecca Blackwell, Khalil Shakir, Justin Jones, Jordan Love, Brooke Sutton, São Paulo, South America Kirby Lee, Taylor Swift, Travis Kelce, Reed Hoffmann, Isaiah, Ed Zurga, Patrick Mahomes scrambles, Charlie Riedel, Rogers, ”, Derrick Henry, resiliency, We’re, Wire, Taylor Rapp, C.J ., Stefon Diggs, Diggs, Troy Taormina, Rasheed Wallace’s, Fields, Tomlin, Russell Wilson, Wilson, Caleb Williams, Micah Parsons, DeMarcus Lawrence, Parsons, James D, Smith, Lawrence, ” Parsons, Mike McCarthy’s Organizations: CNN — Football, NFL, NFL London Games, New York Jets, Minnesota Vikings, Tottenham Hotspur, Sky Sports, Bills, Vikings, ESPN, Jets, “, Buffalo Bills, Atlanta Falcons, ” Minnesota Vikings, AP Buffalo Bills, Houston Texans, AP Jacksonville Jaguars, Indianapolis Colts, Jaguars, Green Bay Packers, Los Angeles Rams, Packers, AP Indianapolis Colts, Jacksonville Jaguars, USA, Sports, Reuters Houston Texans, AP San Francisco 49ers, Deommodore, Arizona Cardinals, Cardinals, 49ers, Getty Images Denver Broncos, Broncos, Las Vegas Raiders, AP Carolina Panthers, Cincinnati Bengals, Bengals, Panthers, Getty Images Houston Texans, Jacksonville, Texans, New England Patriots, AP New York Giants, Dallas Cowboys, Giants, Cowboys, Reuters, Getty Images Minnesota Vikings, Getty Images Pittsburgh Steelers, Steelers, Los Angeles Chargers, Tennessee Titans, AP Minnesota Vikings, AP Dallas Cowboys, Baltimore Ravens, The Jets, Reuters Atlanta Falcons, Philadelphia Eagles, AP Kansas City Chiefs, Chiefs, Super Bowl, Reuters San Francisco 49ers, AP New Orleans Saints, Reuters Miami Dolphins, Reuters New York Jets, San Francisco 49ers, AP Los Angeles Chargers, Shutterstock Dallas Cowboys, Cleveland Browns, Reuters Washington, Tampa Bay Buccaneers, Buccaneers, Dade Police, Miami Herald, Tribune, Service, Falcons, AP Tennessee Titans, Chicago Bears, Titans, Bears, Patriots, New York Giants, São Paulo, The Eagles, Getty, Neo, Kansas City Chiefs, AP Baltimore Ravens, Arrowhead, New, Denver, Ravens, Buffalo, AFC, C.J, Ohio State, GQ, Pittsburgh Steelers, Pittsburgh, Dallas, The Cowboys, Carolina Panthers, Miami Dolphins, Washington, Vegas Raiders, Denver Broncos, Seattle Seahawks Locations: London, Buffalo, Minnesota, Houston, Jacksonville , Florida, Inglewood , California, Santa Clara , California, Denver, Glendale , Arizona, East Rutherford , New Jersey, Charlotte , North Carolina, Orchard Park , New York, Minneapolis, Pittsburgh, Nashville, Arlington , Texas, Philadelphia, Kansas City , Missouri, Miami Gardens , Florida, Cleveland, Tampa , Florida, Miami, Atlanta, Chicago, Cincinnati, São, South America, New England, New York, C.J . Stroud

☆ The influencer middle class is getting squeezed as marketers turn to superstar creators and celebs
▼ + stars: | 2024-10-04 | by ( Dan Whateley | Sydney Bradley | ) www.businessinsider.com time to read: +7 min

Influencer marketers are moving away from campaigns with micro influencers and back to big stars. AdvertisementA few years ago, influencer marketers were ditching their plans to hire celebrity content creators for brand deals in exchange for influencers with smaller audiences. Micro influencers as a category of work dropped from 74% to 62% between 2023 and 2024, while nano influencer work fell from 37% to 28%. One micro influencer, Bethany Everett-Ratcliffe, said she'd felt this impact on her business. Other marketers have reported up to 20% cost increases among micro influencers between 2023 and 2024.

Persons: —, Kim Kardashian, influencers, Linqia, Bethany Everett, Ratcliffe, she'd, Keith Bendes, Bendes, James Nord, Sabrina Carpenter's, Michael Cera's, Olivia McNaughten, Jonathan Chanti Organizations: Service, Blank, Viral, UGC Locations: Linqia, Everett

☆ What’s fueling this week’s record-breaking stock rally
▼ + stars: | 2024-09-27 | by ( Krystal Hur | ) edition.cnn.com time to read: +4 min

New York CNN —The stock market is racking up record highs again. Investors are wasting no time moving into riskier assets from bitcoin to tech stocks after last week’s long-awaited rate cut from the Federal Reserve. Fresh data this week has offered further encouragement that the economy is on solid footing. Applications to refinance a mortgage soared 20% last week from the prior week, according to Mortgage Bankers Association data. Meanwhile, tech shares have continued to gain this week on rate cut optimism and after Micron reported strong earnings.

Persons: Dow, FactSet, ”, Gregory Daco, Freddie Mac, Bitcoin Organizations: New, New York CNN, Federal Reserve, Dow, Nasdaq, Federal, Mortgage Bankers Association, Investors, Employers, Micron, Nvidia, Meta, Financial Times Locations: New York, China, Saudi Arabia

☆ Decades of national suicide prevention policies haven’t slowed the deaths
▼ + stars: | 2024-09-18 | by ( Cheryl Platzman Weinstock | Kff Health News | ) edition.cnn.com time to read: +9 min

Globally: The International Association for Suicide Prevention and Befrienders Worldwide have contact information for crisis centers around the world. But, Mehta said, “we act like we know everything there is to know about suicide prevention. During the past two decades federal officials have launched three national suicide prevention strategies, including one announced in April. Without accurate statistics, researchers can’t figure out who dies most often by suicide, what prevention strategies are working, and where prevention money is needed most. Similarly, the fledgling 988 Suicide & Crisis Lifeline faces similar, serious problems.

Persons: Pooja Mehta’s, Raj, “, ”, Mehta, —, Michael Schoenbaum, ” Schoenbaum, Schoenbaum, Jane Pearson, Kim Deti, Janet Lee, haven’t, Anita Everett, Dr, Sanjay Gupta, Lena Heilmann, ” Mehta, Cheryl Platzman Organizations: KFF Health, International Association for Suicide Prevention, Befrienders, Mental Health, Alaska Natives, Centers for Disease Control, CDC, National Institute of Mental Health, NIMH, Wyoming Department of Health, Lewis Katz School of Medicine, Temple University, National Alliance, Mental, Mental Health Services Administration, Center for Mental Health, CNN, CNN Health, state’s, Colorado Department of Public Health, Environment, KFF, National Institute for Health Care Management Foundation Locations: Arlington , Virginia, Alaska , Montana , North Dakota, Wyoming, SAMHSA, Colorado

☆ How to invest for the next decade with New York Life's Lauren Goodwin from Future Proof 2024
▼ + stars: | 2024-09-17 | by ( Brian Evans | ) www.cnbc.com time to read: +2 min

Longer-term investors should ignore the daily racket surrounding interest rates and focus on generating income over the next 10 years, according to New York Life economist and chief market strategist Lauren Goodwin. Where to invest: Bonds and AI The strategist posits that over the next decade, interest rates are likely to remain elevated as neither party takes on deficit spending. "So depending on the investor, what they're looking for, there is a way to balance this medium term potential for interest rate risk while still locking in higher rates." Goodwin also sees investing around AI as a smart strategy long term, with large investments in the area continuing. "But because we see not only the government and companies, but also the consumer use case for AI, we expect that investment to continue.

Persons: Lauren Goodwin, Goodwin, Dominic Chu, that's Organizations: York, CNBC Pro Locations: Huntington Beach , California

☆ Stock market today: Indexes close mixed as tech stumbles and traders brace for Fed meeting
▼ + stars: | 2024-09-16 | by ( Max Adams | ) www.businessinsider.com time to read: +3 min

US stocks ended mixed on Monday ahead of the start of the Fed's two-day policy meeting. The Fed is widely expected to deliver a rate cut of 25 or 50 basis points at the end of its meeting on Wednesday. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementStocks close mixed on Monday as traders and investors prepared for the start of the Federal Reserve's highly anticipated policy meeting. The Federal Open Market Committee, the Fed's rate-setting group, is expected to deliver an interest rate cut at 2 p.m. on Wednesday.

Persons: —, Savita Subramanian, Apple, Morgan Stanley, Z Organizations: Apple, Service, Federal, Market Committee, Bank of America, Tech, Nasdaq, Broadcom, Nvidia, Micro, Micron Technology Locations: Here's

☆ Chasing work-life balance can 'lead to anxiety,' Harvard professor says—try the 'pendulum lifestyle' instead
▼ + stars: | 2024-09-14 | by ( Renée Onque | ) www.cnbc.com time to read: +1 min

The constant pursuit of work-life balance is admirable, but can be daunting. Fortunately, there is a new outlook that offers a more realistic and attainable way to live. "It ends up being very frustrating and can lead to anxiety, because we're constantly feeling like we're not in balance. Karp noticed in his own life that even when he was trying his best, always having balance in life just wasn't sustainable. Here are some practical ways you can use the ebbs and flows of life to your benefit.

Persons: Jeff Karp, Karp, we're Organizations: Harvard Medical School, MIT, LIT, CNBC

☆ The long and complex political legacy of 9/11
▼ + stars: | 2024-09-11 | by ( Stephen Collinson | ) edition.cnn.com time to read: +4 min

Trump and Harris — who had not met until Tuesday night at their fiery debate – even shook hands for the second time in less than 24 hours. 9/11 is now far enough in the past that it’s taking on a historic hue. The gathering of past, present and future US leaders Tuesday was a reminder of the still unfolding cascade of political consequences triggered by the attacks. And, underscoring the passage of time, some young voters born after 9/11 will this year vote in their second presidential election. But the world’s worst terror attack still has a powerful psychological and political half-life and is embedded deep in America’s soul, as we are reminded every September.

Persons: Joe Biden, Kamala Harris, Donald Trump, Harris —, Michael Bloomberg, JD Vance, George W, Bush, Trump, Harris, Barack Obama, Trump’s, Biden, there’d, Vance, Osama bin Laden Organizations: CNN, Trump, New, New York City, Republican, World Trade, Pentagon, al Locations: Manhattan, New York, al Qaeda, America, Trump, Afghanistan, Kabul, quagmires, Illinois, Iraq

☆ AI comes to the Olympics: In Paris, new tech will change your view of the Games
▼ + stars: | 2024-07-25 | by ( Matthew Futterman | ) www.nytimes.com time to read: +7 min

Follow our Olympics coverage from the Paris Games. In real-time, the high-tech cameras can calculate each athlete’s stroke rate and the distance they are covering. The expansive beach volleyball court requires a lot of movement to cover during a match. (Daniel Leal / AFP via Getty Images)Running on the beach, quick moves on the tennis courtThe first thing anyone who tries to play beach volleyball realizes is how insanely large the court is. “This is why Computervision and AI are so helpful,” he said, especially with engineers focusing so heavily on biomechanics rather than biometrics.

Persons: Alain Zobrist, Zobrist, “, ” Zobrist, Greg Louganis, Clive Rose, Smart, bib, who’s, Daniel Leal, Roland Garros, won’t, Alexander Zverev, ”, Ulrik Pedersen, NurPhoto Organizations: Paris Games, Olympic Games, Olympics, Omega, Games, NBC, Eiffel, Aquatic, Getty, Roland, U.S, Tokyo Locations: Paris, American, Seoul, Louganis

☆ Live Updates: Hurricane Beryl Passes Cayman Islands on Way to Mexico
▼ + stars: | 2024-07-04 | by ( The New York Times | ) www.nytimes.com time to read: +6 min

According to major forecasts, it looks like it’s going to be an above-average hurricane season. An average Atlantic hurricane season has 14 named storms, including seven hurricanes and three major hurricanes. In 2020, the May forecast was for 13 to 19 named storms, but an updated forecast for August was even higher, with 19 to 25 named storms. This region, from West Africa to Central America, is hotter this year than it was before the start of last year’s hurricane season, which produced 20 named storms. The possibility of a La Niña, combined with record sea surface temperatures this hurricane season, is expected to create a robust environment this year for storms to form and intensify.

Persons: Judson Jones, Rick Spinrad, Idalia, Zack Wittman, Alberto, William, Damon Winter, Brian McNoldy, ”, Phil Klotzbach, Benjamin Kirtman, Waters, Niño, El, Michelle L’Heureux Organizations: The New York Times, National Oceanic, Atmospheric Administration, NOAA, Hurricane Idalia, National Weather Service, New York Times NOAA, University of Miami, Colorado State University, El Locations: Florida’s Big Bend, America, Fort Myers Beach, Fla, West Africa, Central America, El

☆ Live Updates: Hurricane Beryl, a Category 4 Storm, Speeds Toward Jamaica
▼ + stars: | 2024-07-03 | by ( Judson Jones | The New York Times | ) www.nytimes.com time to read: +6 min

According to major forecasts, it looks like it’s going to be an above-average hurricane season. Those could include four to seven major hurricanes — Category 3 or higher — with winds of at least 111 m.p.h. An average Atlantic hurricane season has 14 named storms, including seven hurricanes and three major hurricanes. In 2020, the May forecast was for 13 to 19 named storms, but an updated forecast for August was even higher, with 19 to 25 named storms. This region, from West Africa to Central America, is hotter this year than it was before the start of last year’s hurricane season, which produced 20 named storms.

☆ Where did all the lifeguards go?
▼ + stars: | 2024-07-03 | by ( Kelli María Korducki | ) www.businessinsider.com time to read: +11 min

My girlfriends, a year or two older, were most interested in catching the eye of the male lifeguards. The swim disparities also influenced the scope of a lifeguard's job. While the lack of qualified lifeguards may partly stem from this problem, getting more lifeguards on stands could turn things around. As we enter our fourth year without enough lifeguards, it's hard to imagine them retaking the podium as the cultural idol of American summer. When more cities prioritize safe water access for the masses — and pay lifeguards accordingly — the mighty lifeguard just may rise again.

Persons: Marco Polo, I'd, fawning, Wyatt Werneth, Werneth, —, Jessi Adler, Adler, hasn't, lifeguarding, Jason Russell, it's, Russell, Jeff Wiltse, Wiltse, KENA BETANCUR, Suburbanites Organizations: American Lifeguard Association, Getty, Lyndon, Johnson, SUNY Empire State, World, Association, American, of Public Health, New, Civil Rights Movement, Employers Locations: Milwaukee, America, Southern California, Michigan, Central Texas, Canada, New York City, Chicago, Denver, Baltimore, San Antonio

☆ The happiest people use these 3 phrases often, from psychologists and workplace experts
▼ + stars: | 2024-06-23 | by ( Ashton Jackson | ) www.cnbc.com time to read: +2 min

Finland has a lengthy track record of happiness, holding the top spot for seven years in a row now. CNBC Make It asked a group of Finnish and Danish business leaders and psychologists to explain those results. The phrase translates to "It doesn't matter" or "Don't worry about it," Wiking wrote for CNBC Make It in April. Whether you're dealing with a minor issue or a major setback, using this phrase can help you move on from life's ebbs to find happiness, Wiking wrote. "'Pyt med det' encourages us to shrug off negativity and move forward with grace and resilience."

Persons: Anni Hallila, Hallila, Meik Wiking, Wiking, ebbs Organizations: CNBC, American Psychological Association, People, Happiness Research Locations: Finland, Denmark, Danish, reoccurring

☆ I weighed 434 and my doctor said I could die. I lost 163 pounds by riding a stationary bike and focusing on portions and lean proteins.
▼ + stars: | 2024-06-19 | by ( Jane Ridley | ) www.businessinsider.com time to read: +5 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. My wife, Teresa, got pregnant with our daughter, Sarah, now 33, and I did the classic thing of gaining sympathy weight. AdvertisementMiller and his wife, Teresa, before he lost weight. But it's a wake-up call when a doctor says your BMI is off the charts and you're morbidly obese. I now weigh 271 pounds and intend to lose another 20 to 25 pounds to reach my goal.

Persons: —, August Miller, Teresa, Sarah, I'd, Miller, I'm, Miller Teresa, They're Organizations: Service, Business, BMI Locations: Coke, Mexican

☆ The Lost Art of the Negative
▼ + stars: | 2024-06-06 | by ( Ali Watkins | ) www.nytimes.com time to read: 1 min

Silvio Cohen has been doing this for years. Soak, rinse, soak, dry, repeat. “When I tell my friends that we still do developing, they laugh,” Cohen said. The finish is a different finish.”Cohen works at 42nd Street Photo, one of a handful of legacy shops in New York City that still develop film. But in this latest renaissance — born of Covid-era lockdowns — Cohen has noticed one of the practice’s most precious components has been lost.

Persons: Silvio Cohen, ” Cohen, “, lockdowns — Cohen Locations: New York City, film’s

☆ 3 signs the US economy is nearing a recession have flashed in the last week, SocGen says
▼ + stars: | 2024-06-05 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +3 min

Read previewThe US economy is edging precariously close to a recession, and it's flashed a handful of warning signs in just the last week that suggest a downturn is on the horizon, according to Société Générale. New manufacturing orders contracted in May, and overall manufacturing activity contracted for the 18th time over the last 18 months, according to the Institute for Supply Management. Advertisement"Although many may dismiss the importance of the manufacturing sector for the overall economy, it is undeniable that overall GDP ebbs and flows closely with it. SocGen isn't alone in sounding the alarm, and other economists say that high interest rates are finally working their way through the economy and depressing growth. New York Fed economists see a 52% chance the economy could slip into recession within the next 12 months.

Persons: —, it's, Société, Albert Edwards, " Edwards, Edwards, That's, SocGen isn't Organizations: Service, Business, Fed, Institute for Supply Management, New York Fed

☆ Dollar ebbs as markets await key global inflation reports
▼ + stars: | 2024-05-28 | by ( ) www.cnbc.com time to read: +3 min

In this photo illustration, a person is seen holding 100, 50, and 5 U.S. dollar bills in his hand. The dollar waned on Tuesday following a slight pick up in risk appetite, but it held tight ranges against its peers ahead of key inflation data from major economies this week that markets are looking to for guidance on the global interest rate outlook. The euro was a touch firmer at $1.0860 despite some dovish comments from European Central Bank policymakers on Monday and data showing German business morale stagnated in May. Down Under, the Aussie edged 0.03% higher to $0.6657, with the country's monthly consumer price index data also due on Wednesday. BOJ Governor Kazuo Ueda said on Monday the central bank will proceed cautiously with inflation-targeting frameworks, noting that some challenges are "uniquely difficult" for Japan after years of ultra-easy monetary policy.

Persons: Rodrigo Catril, Sterling, NAB's, Kazuo Ueda, bitcoin Organizations: U.S, European Central Bank, ECB, National Australia Bank, New Zealand, Down, Bank of Japan Locations: Asia, Britain, United States, U.S, Tokyo, Japan

☆ Golden State Warriors Fandom and the Specter of Mortality - The New York Times
▼ + stars: | 2024-05-27 | by ( Ezekiel Kweku | ) www.nytimes.com time to read: +1 min

A few weeks ago, as I watched the Golden State Warriors submit to a humiliating defeat by the Sacramento Kings, my main feeling was not frustration, anger or embarrassment. The Warriors’ three core players — Stephen Curry, Klay Thompson and Draymond Green — have been together since 2012. Curry blossomed into one of the greatest players of all time; Green, one of the best defenders; Thompson, one of the best shooters. Rooting for basketball players means constantly being aware that they are aging. And now that the oldest players are my age, it means constantly being aware that I am aging, too.

Persons: — Stephen Curry, Klay Thompson, Curry, Thompson, they’ve Organizations: Golden State Warriors, Sacramento, Warriors, San Antonio Spurs Locations: Sacramento Kings

☆ Why I Quit Goldman Sachs' Rigid, Male-Dominated Culture
▼ + stars: | 2024-05-21 | by ( Lindsay Macmillan | ) www.businessinsider.com time to read: +11 min

The lack of female leadership in the financial industry is nothing new, but many companies have been making strides. But as I watch senior women continue their exodus from Goldman, I'm not sure the company actually wants to change. While many companies have modernized to embrace hybrid and remote work, Goldman has not. Rather than changing its "be in the office every day and grind it out" culture to better suit women, Goldman puts the onus on us to change ourselves to fit the model. But Goldman leadership seems to want the benefits of gender diversity without the hard work of supporting diverse leadership styles.

Persons: Goldman Sachs, —, Dina Powell McCormick, Beth Hammack, Stephanie Cohen, Goldman, I'd, It's, it's, Morgan Stanley, Jamie Dimon, David Solomon, I'm, hadn't, Julia Boorstin, — Goldman, I've, she's, Asahi Pompey, Yassaman Salas, Rebecca Anderton, Davies, Lindsay MacMillan Organizations: Street Journal, Goldman, Citi, JPMorgan, International Workplace, McKinsey, LinkedIn, CNBC, Deloitte, Asahi Locations: Canada, London, New York

☆ There's a simple solution to make wine more sustainable: sheep
▼ + stars: | 2024-05-12 | by ( Lauren Edmonds | ) www.businessinsider.com time to read: +6 min

Now, Whitehall Lane Winery has eight vineyards, including six in Napa Valley and two in Sonoma Valley. "The whole country is dotted with cows and sheep," Moulton said, referring to the 9.6 million cattle and 26 million sheep that live there. Whitehall Lane Winery. Whitehall Lane Winery. Whitehall Lane Winery.

Persons: Jason Moulton, Moulton, They'll Organizations: Service, Sonoma Valley ., American Sheep Industry, Lincoln University Viticulture Locations: Whitehall Lane, Oakville, United States, Napa Valley, Helena, Sonoma Valley, New Zealand, Lincoln, Auckland, Hawke's, It's, Whitehall Lane Winery, Whitehall, Nevada, Moulton

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