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Your employer may be quiet quitting on you
  + stars: | 2023-06-27 | by ( Aki Ito | ) www.businessinsider.com   time to read: +9 min
Some bemoaned it as quiet quitting; others celebrated it as a much-needed correction to the toxic demands of hustle culture. But employees, it turns out, aren't the only ones distancing themselves from the office: Employers are quiet quitting on the whole idea of traditional full-time employment. If workers are going to be remote, the thinking seems to go, why not get the cheapest remote workers available? That ruled out contractors, because contractors work remotely. And that could be a huge problem for everyone, given America's insistence on tying basic benefits to full-time employment.
Persons: Nicholas Bloom, Slack, they're, , Gen Zers, It's, Bloom, they'll, Jessica Schultz, she's, Schultz, They're, it's, Liz Wilke, Aki Ito Organizations: Atlanta Fed, Stanford University, McKinsey Locations: American
Nearly halfway through the 2023 season, the most expensive team in Major League Baseball history is closer to last place than first. The Mets have won only five more games than the Washington Nationals, a franchise mired in a rebuild and, for the moment, the only team keeping them off the bottom of the National League East. Even Manager Buck Showalter seemed to acknowledge on Sunday that his team has limited options to turn things around. Leading the Phillies by 6-3 entering the eighth inning, the Mets endured a disastrous four-run meltdown in which they surrendered only one hit. Instead of using some of his better relievers to close out the game, Showalter, saying they had been overworked recently, turned to less-established bullpen options.
Persons: Buck Showalter, Showalter Organizations: Major League Baseball, Philadelphia Phillies, Mets, Washington Nationals, National League East, The Atlanta Braves, Phillies
Why cities want to ban new drive-thrus
  + stars: | 2023-06-24 | by ( Nathaniel Meyersohn | ) edition.cnn.com   time to read: +8 min
Magnets of traffic and congestion, drive-thrus discourage walking, public transit use and visits to neighboring businesses. A host of cities and regions want the sprawl to stop: Atlanta lawmakers will vote this summer on whether to ban new drive-thrus in the popular Beltline area. Minneapolis; Fair Haven, New Jersey; Creve Coeur, Missouri; Orchard Park, New York, and other cities have banned new drive-thrus in recent years. Experts say pedestrian safety can be improved by tightly managing access along arterial roads and locating drive-thrus away from them. Cities push backAtlanta City Councilman Jason Dozier proposed a bill this year to block new drive-thrus around the Atlanta Beltline, a pedestrian trail along a 22-mile railroad corridor.
Persons: Creve, , David Dixon, Jack, Wendy’s, Sweetgreen, Taco Bell, Leonard Ortiz, Eric Dumbaugh, David Paul Morris, Dixon, Stantec, Jason Dozier, Dozier’s, , ” Dozier, Marilyn Nieves, iStockphoto, Levi Thatcher, Charlotte, Keba Samuel Organizations: New, New York CNN, Starbucks, Smithsonian, Companies, MediaNews, Orange, Register, Florida Atlantic University, , CNN, Bloomberg, Atlanta City, Atlanta, Atlanta Beltline, Sugar House, Sugar, Transportation, Charlotte Planning, Charlotte City Locations: New York, Atlanta, Minneapolis, Fair Haven , New Jersey, Creve Coeur , Missouri, Orchard, , New York, Southern California, Long, Pittsburgh, Mesa , Arizona, , , California, Santa Ana , California, driveways, Atlanta’s, Salt Lake City, Charlotte, WCNC
MLB roundup: Cycle helps Reds run win streak to 12
  + stars: | 2023-06-24 | by ( ) www.reuters.com   time to read: +9 min
Jhoan Duran handled the ninth inning for his 10th save as Minnesota's pitchers recorded 16 strikeouts. Pirates 3, Marlins 1Carlos Santana stroked a two-out, tiebreaking single in the ninth inning as Pittsburgh snapped a 10-game losing streak by rallying to beat Miami. The Pirates were down 1-0 entering the ninth inning before getting the best of Marlins closer A.J. Patrick Corbin (4-9) gave up seven runs on seven hits in five innings. Logan Webb (7-6) allowed four runs (three earned) in seven innings, helping the Giants to their 11th win in 12 games.
Persons: Elly De La Cruz, David Kohl, De La, Joey Votto, Collin McHugh, Alex Young, Alexis Diaz, Matt Olson, Mookie Betts, Emmet Sheehan, Angeles, Michael Busch, James Outman, Sheehan, Mauricio Dubon, Kyle Tucker, J.P, Jose Siri, Zach Eflin, Siri, Salvador Perez swatted, Nick Pratto, Zack Greinke, Trea Turner, Brandon Marsh, Bryce Harper, Taijuan Walker, Brandon Nimmo, Kodai Senga, Adolis Garcia, Joe Barlow, Anthony Rizzo, Will Smith, Michael King, Isiah Kiner, Aaron Judge, Logan Gilbert, Tom Murphy, Teoscar Hernandez, Ty France, Eugenio Suarez, Hernandez, Gilbert, Anthony Santander, Kyle Gibson, Kenta Maeda, Max Kepler, Maeda, Tommy John, Jhoan Duran, Royce Lewis, Andy Ibanez, Joey Wentz, Carlos Santana, Luis Arraez, Jesus Luzardo, Joe Musgrove, Musgrove, Seong Kim, Xander Bogaerts, Juan Soto, Michael Chavis, Patrick Corbin, Michael Conforto, Patrick Bailey, Logan Webb, Camilo Doval, Corbin Carroll, Zach Davies, Shea Langeliers, JJ Bleday, Langeliers, Oakland's Lucas Erceg, Trevor May, Vladimir Guerrero Jr, Jordan Romano, George Springer, Willy Adames, Wade Miley, Miley, Jose Ramirez, Shane Bieber, Brayan Bello, Rafael Devers, Devers, Bello, Lucas Giolito, Chicago's, Tim Anderson's, Elias Diaz, Diaz, Elehuris Montero, Coco Montes, Jurickson Profar, Shohei Ohtani, Mike Trout, Pierce Johnson, Justin Lawrence, Sam Bachman, Chris Devenski Organizations: Cincinnati Reds, Atlanta Braves, Reds, Cincinnati, Braves, Dodgers, Astros, The Astros, Rays, Royals, Tampa Bay, Kansas City, Phillies, Mets, Philadelphia, New, Rangers, Yankees, Texas, Mariners, Orioles, Seattle, Tigers, Detroit, Pirates, Marlins, Pittsburgh, Miami, The Pirates, Padres, Nationals, San Diego, Washington, Giants, Diamondbacks, San Francisco, Arizona, Athletics, Blue Jays, Oakland, Toronto, Brewers, Cleveland, Guardians, Red Sox, White Sox, Boston, Chicago, Angels, Colorado, Los Angeles, Rockies, Thomson Locations: Cincinnati , Ohio, USA, De La Cruz, Cincinnati, Houston, France, St . Petersburg, Fla, New York, Seattle, Baltimore, Minnesota, San, Milwaukee, Los, Denver, Colorado
June 23 (Reuters) - U.S. business activity fell to a three-month low in June as services growth eased for the first time this year and the contraction in the manufacturing sector deepened, closely watched survey data out Friday showed. Nonetheless, it was the fifth straight month that the PMI remained above 50, indicating growth in the private sector. The survey's flash services sector PMI fell to 54.1 from 54.9 in May. Economists polled by Reuters had forecast the services PMI would ease to 54.0. Its flash manufacturing PMI dropped to 46.3 from 48.4 in May and was weaker than economists' median forecast of 48.5.
Persons: Chris Williamson, Williamson, Dan Burns, Chizu Organizations: P Global, PMI, P Global Market Intelligence, Commerce Department, Fed, Investors, Reuters, Thomson Locations: Atlanta
Despite some recent positive signs for the U.S. economy, the Wall Street consensus is holding out belief that a recession is lurking. Still, LPL doesn't see "another 2008" even though "investors should anticipate some volatility as the economic outlook remains cloudy." However, Wall Street persists in worries that the central bank will not be able to engineer its hoped-for soft landing. "Optimism around a soft landing [is] growing with the rally in equities and strong labor market," Horneman said. "We believe the chance of a soft landing is unlikely."
Persons: Jeffrey Roach, Lawrence Gillum, Roach, Gillum, LPL, BlackRock, DBRS Morningstar, Michael Heydt, Jerome Powell, Megan Horneman, Horneman Organizations: LPL, Fed, of Michigan, Atlanta, Wall, Investment, BlackRock, ECB, Wednesday, Financial Services Committee, Verdence Capital Advisors Locations: U.S
A rolling recession in the economy has turned into a rolling expansion, according to market veteran Ed Yardeni. He said the resilience of underlying sectors of the economy should help limit stock market downside. Now, that rolling recession is turning into a rolling expansion across that should help boost the ongoing economic recovery and help limit any potential downside in the stock market, market veteran Ed Yardeni said in a Tuesday note. "What happens after a rolling recession? Perhaps a rolling expansion as the economic sectors that fell into a recession recover," he said.
Persons: Ed Yardeni, , Yardeni Organizations: Service, Federal Reserve, National Association of Home Builders, Atlanta Fed, Atlanta Locations: Wells Fargo
CNN —The NFL has stiffened its gambling policy for players by introducing six ‘key rules’ after a recent spate of violations. Don’t bet on the NFL;2. And don’t bet when you’re at work, wherever work happens to be in that moment. Rodgers added he made an “error in judgment.”In April, the NFL suspended five players for violating the league’s gambling policy. Moore of the Detroit Lions and Shaka Toney of the Washington Commanders were suspended indefinitely for betting on NFL games during the 2022 season.
Persons: Don’t, ” Jeff Miller, “ Don’t, That’s, you’re, ” Miller, Isaiah Rodgers, Rodgers, , Quintez, . Moore, Shaka Toney, Stanley Berryhill, Jameson Williams, Calvin Ridley, Roger Goodell, ” Goodell, “ We’ve, foolproof Organizations: CNN, NFL, Indianapolis Colts, Detroit Lions, Washington Commanders, Lions, Jacksonville Jaguars, Atlanta Falcons, Spring League Locations: Minnesota
Not only are his current approval ratings historically low, they are particularly poor given that unemployment is at its lowest in more than half a century. As a result, Biden's approval ratings could reasonably be expected to rise if inflation continues to decline. Reuters analysis suggests presidential approval ratings are rarely below 40% when inflation is 6% or lower. What will have a greater impact on consumers' and voters' well-being - unemployment pain or inflation gain? Some economists say the 'Misery Index', the unemployment rate plus the inflation rate, is a decent proxy for people's happiness and even presidential approval ratings.
Persons: Joe Biden's, Biden, Harry Truman's, Joseph Macri, Bahram Adrangi, 3pp, Andy Schneider, Lina El, Robert MacCulloch, Hamed Shafiee, David Blanchflower, Jamie McGeever Organizations: Federal Reserve, Wall, Bank of America, Atlanta, Reuters, Presidents, BNP, Dartmouth College, Bank of England, Thomson Locations: ORLANDO, Florida, U.S, Iraq
Drivers from Target-owned delivery service Shipt pick up packages from the extension facility and deliver them to customers' doorsteps. The extension facility is part of Target's effort to offer next-day delivery to more customers. The extension facility adds to that model and expands the radius for faster deliveries. Target said the extension facility will bring next-day delivery within reach of 500,000 more customers near Atlanta. One of its rivals, Walmart , bucked the trend as online sales jumped 27% year over year in the U.S. in the fiscal first quarter.
Persons: Brian Cornell Organizations: Drivers, Target, Uber, Costco, Walmart Locations: Smyrna , Georgia, Atlanta, U.S
Michael Jordan has agreed to sell his majority stake in his NBA team the Charlotte Hornets. The Hornets are valued at $3 billion, per ESPN — more than 10 times the sum Jordan paid in 2010. Michael Jordan could bag a billion-dollar windfall after he agreed to sell his NBA team for what's likely be a huge premium on the price he paid 13 years ago. Jordan previously sold a minority stake in the Hornets to Plotkin, who is the founder of investment firm Tallwoods Capital, and Daniel Sundheim in 2019. Rapper J. Cole is also part of the group that will buy Jordan's majority stake, the Hornets said.
Persons: Michael Jordan, Gabe Plotkin, Rick Schnall, Jordan, Plotkin, Daniel Sundheim, J, Cole, Schnall, He'll, Air Jordan Organizations: NBA, Charlotte Hornets, Hornets, ESPN, Morning, Tallwoods Capital, Charlotte Bobcats, Atlanta Hawks NBA, Nike, Air, Forbes Locations: Forbes
WASHINGTON (Reuters) - U.S. retail sales unexpectedly rose in May as consumers stepped up purchases of motor vehicles and building materials, which could help to stave off a dreaded recession in the near term. Retail sales increased 0.3% last month after rising 0.4% in April, the Commerce Department said. SLOWER MOMENTUMExcluding automobiles, gasoline, building materials and food services, retail sales gained 0.2% last month. Data for April was revised slightly lower to show these so-called core retail sales rising 0.6% instead of the previously reported 0.7%. With price pressures easing in May, economists estimated that core retail sales increased 0.2% after adjusting for inflation.
Persons: , Robert Kavcic, Mike Graziano, Ben Ayers, Unadjusted, Conrad DeQuadros, Tim Quinlan Organizations: WASHINGTON, Federal Reserve, Fed, Wednesday, BMO Capital Markets, Commerce Department, Reuters, Saks Fifth, REUTERS, RSM, Consumers, Nationwide, Labor Department, Treasury, Atlanta Fed, Writers Guild of America, Brean, Manufacturing, Federal Locations: Minnesota, U.S, Toronto, New York City, Columbus , Ohio, Texas, California, Writers Guild of America . Georgia, Florida , Illinois , Indiana , Connecticut, New York, Philadelphia, Wells, Charlotte , North Carolina
Retail sales are mostly goods and are not adjusted for inflation. Food services and drinking places are the only services category in the retail sales report. Sales at food services and drinking places, the only services category in the retail sales report, rose 0.4%. UNDERLYING STRENGTHExcluding automobiles, gasoline, building materials and food services, retail sales gained 0.2% last month. Data for April was revised slightly lower to show these so-called core retail sales rising 0.6% instead of the previously reported 0.7%.
Persons: Robert Kavcic, Jerome Powell, Unadjusted, Lucia Mutikani, Chizu Nomiyama, Paul Simao Organizations: Saks Fifth, REUTERS, Commerce Department, Reuters, BMO Capital Markets, Federal Reserve, Treasury, Atlanta Fed, Labor Department, Thomson Locations: New York City, U.S, WASHINGTON, Toronto, Minnesota, Texas, California , Georgia, Florida , Illinois, Indiana, New York
Donald Trump will surrender Tuesday on the first federal charges ever filed against a U.S. president, former or current. Trump will head to federal court in Miami, where he is expected to be arraigned at 3 p.m. Tuesday marks the second time in a little over two months that Trump will be arraigned on criminal charges. Justice Department special counsel Jack Smith, who brought charges against Trump in the documents probe, is also investigating efforts by Trump and his allies to overturn President Joe Biden's 2020 election win. Republicans have largely defended the former president's conduct and accused the Justice Department of running a politically motivated probe.
Persons: Donald Trump, Trump, Walt Nauta, Stormy Daniels, Jack Smith, Joe Biden's, Fani Willis, General Merrick Garland, Smith Organizations: Republican, White, Trump, Atlanta -, Republicans, Justice Department, Biden Locations: Miami, Doral , Florida, Bedminster , New Jersey, Manhattan, Atlanta, Fulton County, Georgia
MLB roundup: Braves rally, win 10-inning slugfest vs. Mets
  + stars: | 2023-06-09 | by ( ) www.reuters.com   time to read: +8 min
Marcell Ozuna went deep and Travis d'Arnaud hit a two-run homer in the eighth inning that closed the deficit to one run. After the Phillies coughed up the late lead to trail 2-1 in the ninth, they tied it on a sacrifice fly from Brandon Marsh before Clemens' RBI hit off Alex Lange (3-2). Jake Burger hit a two-run homer and Luis Robert and Yoan Moncada hit solo home runs for the White Sox. Mike Clevinger (3-4) allowed three runs on six hits in 5 2/3 innings for the White Sox. Yonny Chirinos (3-1), recalled from Triple-A Durham earlier in the day, allowed one run on five hits over 5 2/3 innings.
Persons: Ozzie Albies, Dale Zanine, Albies, Tommy Hunter, Austin Riley, Marcell Ozuna, Travis d'Arnaud, Orlando Arcia, David Robertson, Brandon Nimmo, Francisco Alvarez, Zack Wheeler, Kody Clemens, Wheeler, Brandon Marsh, Clemens, Alex Lange, Zack Short, Nick Maton, Jose Ramirez, Ramirez, Will Brennan, Andres Gimenez, Myles Straw's, Cleveland, Boston's Triston Casas, Enrique Hernandez, Jarren Duran, Jose Berrios, Alex Bregman, Framber Valdez, Ramon Urias, Gunnar Henderson's, Keegan Akin, Peter Strzelecki, Owen Miller, Jon Singleton, Jo Adell, Reid Detmers, Drew Smyly, Chicago's Trey Mancini, Michael Conforto, Thairo Estrada, Scott Alexander, Camilo Doval, Nolan Jones, Profar, Clayton Kershaw, David Peralta, Kershaw, Chris Taylor, Matt McLain, Elly De La Cruz, McLain, De La Cruz, Eloy Jimenez, Jake Burger, Luis Robert, Yoan Moncada, Robert, Jimenez, Michael King, Gregory Santos, Willie Calhoun, Billy McKinney, Aaron Judge, Kyle Higashioka, Randy Vasquez, Nestor Cortes, Vasquez, Gavin Sheets, Mike Clevinger, Harold Ramirez, Luke Raley, Josh Lowe, Yonny Chirinos, Carlos Correa, Michael A, Taylor, Alex Kirilloff Organizations: Atlanta Braves, New York Mets, Atlanta, New York, Phillies, Tigers, Philadelphia, Detroit, Red Sox, Cleveland, Boston, Blue Jays, Astros, Brandon Belt, Toronto, Houston . Blue Jays, Houston, Orioles, Brewers, Baltimore, Milwaukee, Angels, Cubs, Chicago, Triple, Giants, Rockies, Colorado, Coors Field, Dodgers, Reds, Los Angeles, Cincinnati, Kershaw ., Kershaw . White Sox, Yankees, New, White Sox, Rays, Twins, Tampa, American League Central, Thomson Locations: Cumberland , Georgia, USA, Truist, York, Brandon, Milwaukee, Los Angeles, Anaheim , Calif, San Francisco, Denver, Los, Kershaw . White, New York, Minnesota, St . Petersburg, Fla, Tampa Bay
Hundreds of activists packed Atlanta's City Hall to protest the funding of "Cop City." But the City Council approved $67 million in funding for the police training center anyway. Arvin Temkar/Atlanta Journal-Constitution via APThe training center was approved by the City Council in September 2021 but required an additional vote for more funding. Though more than 220 people spoke publicly against the training center, a small handful voiced support, saying they trusted Dickens' judgment. Protestors gather in the atrium of Atlanta City Hall to protest the proposed police training center on Monday, June 5, 2023.
Persons: , Andre Dickens, Dickens, Jason Getz, Manuel Paez Terán, Matthew Johnson, Johnson, Arvin Temkar, Councilmembers, Natrice Miller, Sen, Raphael Warnock, Devin Franklin, Franklin, Sara McClintock, councilmembers, McClintock, It's Organizations: Council, Service, ATLANTA, Atlanta City Council, City Council, Atlanta Police Foundation's, Atlanta, Beloved Community, Protesters, Hall, Atlanta Police Foundation, Atlanta City Hall, AP, Atlanta Solidarity Fund, Prosecutors, Democratic, Civil Rights Movement, Southern, For Human, City Hall, Emory University Locations: Atlanta, DeKalb County, City
The Fed may have won its war against inflation without tanking the economy, Paul Krugman said. Krugman pointed to falling US unit labor costs and expectations of future inflation as evidence. The Nobel-Prize winning economist suggested the Fed should therefore stop hiking interest rates. Krugman was referring to chatter about rapidly rising unit labor costs as a "reason for pessimism about inflation." He also pointed to falling inflation expectations as a sign of "immaculate disinflation" in the US economy – when inflation cools without triggering a rise in unemployment.
Persons: Paul Krugman, Krugman, , April's, Larry Summers Organizations: Service, Atlanta Fed
Yes, you can have a red-hot jobs market and a recession
  + stars: | 2023-06-05 | by ( Jeff Cox | ) www.cnbc.com   time to read: +6 min
The U.S. jobs market is still sizzling and the economy is heading for a recession: Both things can be true. May's nonfarm payrolls growth again stunned Wall Street, with the count climbing by 339,000, well ahead of Wall Street estimates that have consistently undershot the report since January 2022. However, there's an old adage on the Street that when it comes to recessions, the jobs market is always the last to know. Central bank policymakers specifically have targeted a slowdown in the labor market in their quest to bring down inflation. The weak services reading comes with an ISM manufacturing reading — most recently at 46.9 — in contraction for seven straight months.
Persons: Ian Shepherdson, Shepherdson, Kumar, Andrew Hunter, Hunter, DataTrek, Nicholas Colas Organizations: Federal, Pantheon, Fed, Sri, Kumar, Services, Capital Economics, Research, Atlanta Locations: payrolls
Here are some who got burned by Theranos, from the Walton family to Rupert Murdoch. Rupert Murdoch invested $125 million in Theranos. Julio Cortez/APThe DeVos familyThe DeVos family, who are heirs to the Amway empire and includes former US Secretary of Education Betsy DeVos, poured $100 million into Theranos. Joshua Roberts/ReutersThe Cox familyTheranos also got $100 million from the Atlanta-based billionaire Cox family, which owns the media and automotive company Cox Enterprises. The Cox family was the eight-wealthiest in the US as of 2020, with a net worth of $34.5 billion at the time, according to Forbes.
Persons: Elizabeth Holmes, Theranos, Walton, Rupert Murdoch, Holmes, Ramesh, Sunny, Balwani, Forbes —, Murdoch, Julio Cortez, Betsy DeVos, they're, Joshua Roberts, Cox, Carlos Slim Carlos Slim, América, Andreas Dracopoulos, Stavros Niarchos, Robert Kraft, It's, Kraft, Tom Brady, Matt Slocum, Alan Eisenman Alan Eisenman, Eisenman Organizations: Morning, Wall Street, Walmart, Forbes, Rupert Murdoch Media, Street, Amway, Cox Enterprises, Stavros Niarchos Foundation, Robert Kraft New England Patriots, Bloomberg, New England Patriots, CBS Locations: Theranos, Atlanta, Latin America, Mexico, FTX
Slower US job, wage gains expected in May
  + stars: | 2023-06-02 | by ( Lucia Mutikani | ) www.reuters.com   time to read: +5 min
Nevertheless, the Labor Department's closely watched employment report on Friday is expected to still show the labor market remaining tight. PROGRESS ON INFLATIONBut the overall labor market remains upbeat, with first time applications for state unemployment benefits hovering at very low levels. Slowing wage inflation is corroborated by other measures like the Atlanta Fed's wage tracker, which has come off its peaks. Financial markets see a nearly 70% chance of the Fed keeping its policy rate unchanged at its June 13-14 meeting, according to CME Group's FedWatch Tool. The Labor Department's Bureau of Labor Statistics, which compiles the employment report, did not record the work stoppage in its May strike report.
Persons: Bill Adams, Brian Bethune, Nancy Vanden Houten, Lucia Mutikani, Chizu Organizations: Federal Reserve, Labor, Comerica Bank, Data, Labor Department, Atlanta, Boston College, Fed, Writers Guild of America, Labor Department's Bureau of Labor Statistics, Oxford Economics, Thomson Locations: y WASHINGTON, Dallas, New York
A spokesperson for defendant Blue Cross Blue Shield Association declined to comment on pending litigation. A representative from Blue Cross Blue Shield of Michigan also declined to comment. The lawsuit seeks to bar Blue Cross Blue Shield's alleged anticompetitive conduct, and it also seeks triple damages and other remedies. Ford's lawsuit said Blue Cross Blue Shield of Michigan is the country's ninth largest insurer based on its 4.5 million enrollees. The case is Ford Motor Co v. Blue Cross Blue Shield of Michigan Mutual Insurance Company and Blue Cross Blue Shield Association, U.S. District Court for the Eastern District of Michigan, No.
Persons: Ford, Travis Mihelick, Mike Scarcella, Leigh Jones Organizations: Ford Motor, Blue, Association, Ford, Shield Association, Circuit, Appeals, Shield, Michigan, Ford Motor Co, of Michigan Mutual Insurance Company, U.S, Eastern, Eastern District of, Thomson Locations: Detroit, Michigan, Alabama, Atlanta, Eastern District, Eastern District of Michigan
There’s Nikola Jokić of the Denver Nuggets – the hulking Serbian center who has battled underappreciation and misinterpretation to become one of the league’s greats and a two-time Most Valuable Player. It’s the performances of Jokić and Butler which help to explain why the NBA Finals are being contested by Denver Nuggets and the Miami Heat as the 2022/23 NBA season concludes. Jokić shoots the ball during Game 4 of the Western Conference Finals. Jokić admitted that the celebrations were short-lived after the Western Conference Finals sweep of the Lakers as Denver’s goal is lifting the title. Jokić leaves the floor after the Nuggets beat the Lakers in the Western Conference Finals.
Persons: There’s Nikola Jokić, underappreciation, Jimmy Butler –, Jokić, Butler, Erik Spoelstra, Denver’s Michael Malone, Larry O’Brien, Butler –, LeBron James, Anthony Davis, Kevin Durant, Devin Booker, Adam Pantozzi, Jamal Murray’s, Aaron Gordon, Kentavious Caldwell, Pope –, “ I’m, ” Jokić, AAron Ontiveroz, – Miami, Al Horford, David Butler II, – Butler, , , Pat, Riley, Spoelstra, Nathaniel S, you’ve, I’ve Organizations: CNN, Denver Nuggets, NBA, Miami Heat, Los Angeles Lakers, Western, Nuggets, Boston Celtics, Ball Arena, Games, ABC, Western Conference, Denver, Lakers, Denver Post, Atlanta Hawks, Chicago Bulls, Milwaukee Bucks, Bucks, New York Knicks, Celtics, Eastern, USA, Sports, Reuters, Heat Locations: Serbian, Denver , Colorado, Miami, Denver, Milwaukee Bucks . Miami
Georgia Republicans are holding their state party convention in early June. Former President Donald Trump and former Vice President Mike Pence are speaking on different days. The Atlanta Journal-Constitution reports the embattled former president and the yet-to-declare former vice president have already locked down speaking slots for the two-day GOP convention, kicking off June 9. Ron DeSantis, who is hopscotching across Iowa, New Hampshire, and South Carolina this week to build support in those early primary states, declined to comment on whether he would participate in the Georgia GOP meeting. Kemp, who won a second term in November 2022, is skipping the GOP convention altogether.
"The overhangs on the market this year [are] the debt ceiling negotiation, hawkish Fed commentary and a banking crisis. It appears we are going to get a debt ceiling deal over the weekend, which should help the market to stabilize." The problem for many on the Street is the action in the S & P 500 Tech Index, up more than 5% this week; the Nasdaq Composite , ahead about 2.5%; and the S & P 500 , with a 0.3% gain, masks so much weakness beneath the surface. The S & P 500 consumer staples, materials, health care and utilities were all down between 2.4% and 3.2% this week, and the Dow Industrials were lower 1%. Although the S & P 500 is 9.5% higher so far in 2023, only a few stocks are doing well. "
Poem: Ladies of the Sarasota Sewer
  + stars: | 2023-05-25 | by ( Jackie Wang | Anne Boyer | ) www.nytimes.com   time to read: +1 min
Ladies of the Sarasota SewerBy Jackie Wangin those dayswe ate garbage for every meali dove in the dumpsters withthe atlanta boysgot chubby on a bucketof expired breakfast barsfine dining was stealingcontinental breakfastat all the nearby hotelsfilching lukewarm dannonyogurts and bananasfrom the mediocre spreadonly once we were caughtthey gave us a billwe had no moneyi said i would go hometo try to get some moneyand when i leftthey let you go without payingthinking i had left you in the lurchall the love i see is gonewe lived on fumesthe adrenalin of ourbreaking bonesAnne Boyer is a poet and an essayist. Her memoir about cancer and care, “The Undying,” won a 2020 Pulitzer Prize for general nonfiction. Jackie Wang is a poet, a scholar, a multimedia artist and an assistant professor of American studies and ethnicity at the University of Southern California, where she researches race, surveillance technology and the political economy of prisons and police. She is the author of “Carceral Capitalism” (Semiotext(e), 2018), the poetry collection “The Sunflower Cast a Spell to Save Us From the Void” (Nightboat Books, 2021), which was a National Book Award finalist, and the forthcoming experimental essay collection “Alien Daughters Walk Into the Sun” (Semiotext(e), 2023).
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