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☆ At New York’s Coenties Slip, an Artist Colony and a ‘Rebellion’
▼ + stars: | 2023-07-27 | by ( Walker Mimms | ) www.nytimes.com time to read: +2 min

In “The Slip,” Prudence Peiffer’s tenderly researched group biography, six visual artists in different seasons of life and seeking different aesthetic ideals met Barr’s challenge with an unlikely spirit of concert. Beside him is his art school friend Jack Youngerman, painter of shaggy color fields in organic, almost floral forms. Grown bored in postwar Paris, the Jersey boy and the Kentuckian relocated to the abandoned sail-making lofts of Coenties Slip, an old manufacturing block in the toe of Manhattan. From 1956 to around 1964, an artist colony and some truly epochal art took shape there. That scene has long fascinated critics but never been the subject of a researched narrative history until now.

Persons: Prudence Peiffer, ”, Alfred H, Barr Jr, Jackson Pollock, Barr, Prudence Peiffer’s tenderly, Ellsworth Kelly, Jack Youngerman, Youngerman, Youngerman’s, Delphine Seyrig, Agnes Martin, James Rosenquist, Lenore Tawney, Robert Indiana Organizations: New York, Museum of Modern Locations: Paris, Jersey, Manhattan, New Mexico, Minnesota, Chicago, Europe

☆ Check out a ghost town of deserted Chinese mega-villas built for multimillionaires that's now overrun by farmers and left to rot
▼ + stars: | 2023-07-24 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +6 min

Chinese farmers have moved into a cluster of abandoned villas in China to grow crops and rear cattle. Jade Gao/AFP via Getty ImagesThe half-built villas are now overrun by local farmers, who plow the land and plant crops on the overgrown lawns of abandoned villas. Local farmers now plow the land of the abandoned development. Jade Gao/AFP via Getty ImagesThe insides of the buildings look post-apocalyptic too, like shots straight out of "The Last of Us." Shenyang's ghost villas are just one of many "rotten" real estate projects across China's urban landscapeThe interior of a deserted housing sales building.

Persons: Jade Gao, —, riche, Guo, who's, Li Gan, Gan Organizations: Twitter, Service, AFP, Greenland Group, Getty, Getty Images, Texas, M University, Survey, Research Center, China Household Finance, Chengdu's Southwestern University of Finance, Economics Locations: China, AFP, Weibo, Wall, Silicon, Shenyang, China's, Liaoning province, Greenland, Evergrande, Li

☆ Empty Government Buildings Galore
▼ + stars: | 2023-07-18 | by ( The Editorial Board | ) www.wsj.com time to read: 1 min

Journal Editorial Report: But some in the GOP don't like the picks. Images: Getty Images/Zuma Press Composite: Mark KellyManagers struggling to call workers back to empty offices should cheer up, because it could be worse. A new report shows that federal government buildings have reached their own tier of ghost town, making corporate towers look bustling in comparison. These vacancies could be either a burden or small gift to taxpayers, depending on how agencies respond.

Persons: Mark Kelly

☆ A Year of Cosmic Wonder With the James Webb Space Telescope
▼ + stars: | 2023-07-12 | by ( Katrina Miller | More About Katrina Miller | ) www.nytimes.com time to read: +1 min

The awe the image inspires is comparable to how researchers feel about the Webb’s first year of science. She finds it fitting that the customary gift for one-year anniversaries is paper, because that’s exactly what researchers using the telescope have been churning out for the past year: scientific papers. When it was ready, the Webb embarked on its journey to peer into the depths of the universe. For Dr. Rigby, one of the most gratifying accomplishments of this past year is the way the mission has delivered on its promise to reveal the earliest moments of cosmic time. Before JWST, astronomers knew of only a small handful of candidate galaxies that existed in the first billion years after the Big Bang.

Persons: ”, Jane Rigby, Webb, Rigby, JWST Organizations: Goddard Space Flight

☆ Tesla is the most American car brand
▼ + stars: | 2023-06-21 | by ( Graham Rapier | ) www.businessinsider.com time to read: +1 min

Last year, Tesla only claimed the two top spots. Tesla may not have ads featuring American icons like the Wild West, bald eagle, or stars-and-stripes galore, but it's still the most American car brand, at least based on its manufacturing. The survey takes five primary factors into account: final assembly location, origin of parts, origin of engines, origin of transmissions, and manufacturing workforce. To qualify for a $7,500 tax credit, new EVs and their batteries must be mostly assembled in the US — something that's benefitting Tesla greatly so far. Tesla is set to receive billions in other credits, too, thanks to its early investment in manufacturing stateside as other automakers race to catch up.

Persons: Cars.com, Tesla, it's Organizations: GM, Chevrolet, Morning, Elon, Ford Locations: cars.com's

☆ An early holiday shopping forecast makes us glad we own two of the best retail stocks
▼ + stars: | 2023-06-18 | by ( Paulina Likos | ) www.cnbc.com time to read: +7 min

Americans are expected to spend less this holiday season and seek out discounts, according to a new CNBC survey of retail logistics managers. For example, Home Depot (HD) expects overall sales and same-store sales to each decline between 2% and 5% in fiscal year 2023. TJX YTD mountain TJX Companies YTD performance In a separate research note, JPMorgan said TJX is best positioned to capture consumer trade-down demand. "We have the two best retailers for the moment," Jim Cramer said during the Investing Club's June Monthly Meeting Wednesday. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

Persons: Mary Dillon, Cowen, Richard Galanti, TJX, that's, Jim Cramer, We're, Jim Cramer's, Jim, TJ Maxx, Prince George's, Chip Somodevilla Organizations: CNBC, Costco, CNBC Supply Chain Survey, Fed, Wednesday, Management, JPMorgan, Shoppers, TJ, Getty Locations: Maxx, April's, Prince, Hyattsville , Maryland

☆ The Maestro’s Latest Opus: A Video Game to Save Classical Music
▼ + stars: | 2023-05-28 | by ( Simi Horwitz | ) www.nytimes.com time to read: +2 min

Asked which of his many roles most defines him, Mr. Dubal responded with some drama: “I never want to define myself.” His eyes grew wide. Nietzsche said that.” Like a judge pounding a gavel, he slapped his palm onto his coffee table. Every day.”Mr. Dubal was born around 1944 (he would prefer not to say exactly) and was raised in Cleveland. One day, while sitting in the dentist’s chair, he learned about an opening for the job of music director at WNCN, a classical music station. Despite his dire cultural predictions, Mr. Dubal expresses a quirky optimism and a healthy dose of irony.

☆ Thailand election: Campaign freebies may be a 'band-aid solution' with fiscal risks
▼ + stars: | 2023-05-09 | by ( Nyshka Chandran | ) www.cnbc.com time to read: +6 min

A Thai protester with a sign calling for equal workers' rights and a fair election at a Labor Day rally in Bangkok in 2023. Experts widely agree that pro-democracy groups are expected to perform strongly in light of deep-seated discontent with the current military-affiliated administration. Contenders can be divided into two categories: parties that support the pro-military establishment and a pro-democracy camp of opposition factions. Few details have been provided about funding, worrying economists who say those policies would weigh on already stretched public finances after significant fiscal support during the pandemic. Only the Move Forward party has campaigned on changing the defamation law, while Pheu Thai previously said it will consider discussing it in Parliament.

☆ Travel news: Underwater metro routes and marine discoveries
▼ + stars: | 2023-04-29 | by ( Maureen O'Hare | ) edition.cnn.com time to read: +5 min

Get the latest news in aviation, food and drink, where to stay and other travel developments. CNN —Incredible Italian home makeovers, jaw-dropping marine discoveries and ritzy new trains in Scotland and Taiwan: We’ve got all this and more in our latest roundup of news and features from CNN Travel. Massachusetts couple Doug and Leah Johnson renovated a 14th-century apartment in the town of Vasanello in Lazio that they bought for less than $14,000. Life on the railsAustralia and India are celebrating milestones in underwater travel. And on April 12, Kolkata’s new underwater metro route completed its maiden run, ahead of opening to the public in November.

☆ Courtney Dauwalter: The fun-fuelled ultra-marathon star defying science
▼ + stars: | 2023-04-29 | by ( Matt Foster | ) edition.cnn.com time to read: +9 min

CNN —Most people’s idea of fun wouldn’t involve running for hours on end through brutal, undulating terrain – but ultra-marathon sensation Courtney Dauwalter is no ordinary person. Dauwalter, a four-time ‘Ultra Running Magazine Ultrarunner of the year,’ holds multiple course records for the obscenely long races around the US and abroad. Pizza and pints"There is no right or wrong path to completing a 100 or 200-mile race," says Dauwalter. Joe Amon/Denver Post/Denver PostTrue to character, Dauwalter has a positive and novel method of coping with the unexpected visions. “For me, training, racing and exploring what’s possible with these ultra-races, the really long trail ones, is fun,” Dauwalter says.

☆ Factbox: Red flags galore: Fed officials cited Silicon Valley Bank 31 times
▼ + stars: | 2023-04-28 | by ( ) www.reuters.com time to read: +4 min

June 2022*Oversight of compliance monitoring and testing*Sanctions country of interest risk managementMay 2022*Risk management program: Supervisors found that SVB's risk management program was not effective or comprehensive, and resulted in a reactive approach rather than a holistic approach to risk management and reporting to senior management and the board. *Board effectiveness: The board of SVB did not provide effective oversight of the bank's management, and did not hold senior management accountable for executing a sound risk management program. November 2021* Enhanced liquidity risk management project plan: Fed officials identified weaknesses in the bank's risk management plans and said addressing them "will likely require an accelerated effort." August 2021* Governance process for lending procedures: The Fed found a "critical gap" in underlying documents for SVB's management to implement high-level policy objectives. * Loan risk rating granularity: While the bank's risk ratings were deemed timely and accurate, the system was not "sufficiently granular" for a bank of its size.

☆ Red flags galore: Fed officials cited SVB 31 times
▼ + stars: | 2023-04-28 | by ( ) www.reuters.com time to read: +4 min

☆ Why Michael Bloomberg is the keeper of the keys on Wall Street
▼ + stars: | 2023-04-21 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +5 min

Bloomberg deals in data — via its ubiquitous terminal — which serves as the lifeblood of Wall Street. (A funny nugget from the FT story: Bloomberg is not part of the Bloomberg Billionaires Index. In many ways, the Bloomberg terminal is the cockroach of Wall Street. Tiger Global's down bad. Here's more on Tiger Global's unique approach to investing in startups and why it backfired.

☆ Humans can't live forever, but we haven't even come close to the limit for how long our bodies could last
▼ + stars: | 2023-04-19 | by ( Emily Swaim | ) www.businessinsider.com time to read: +10 min

Mysteries like cellular senescence, telomere length, and DNA methylation hold the keys to our longevity. But so far, no one has figured out how to completely prevent or eliminate harmful senescent cells. DNA methylation is linked to several age-related diseasesTreating or preventing age-related diseases is one of the keys to unlocking longer, healthier lives. Similar to telomeres, DNA methylation is another way scientists can measure your biological age to help predict your life expectancy. For example, telomere shortening can lead to DNA damage, which in turn disrupts your mitochondria.

☆ Millennium is on the hunt for engineers in Miami. A top tech exec for the $58 billion hedge fund details the firm's new training program.
▼ + stars: | 2023-04-19 | by ( Bianca Chan | ) www.businessinsider.com time to read: +5 min

The head of tech for Miami outlines what applicants can expect, how to stand out, and why Miami. Naumovich, who was hired in September 2022, is responsible for building out Millennium's tech presence and tech offerings in Miami. A big part of that mandate will come down to recruiting tech talent, which has previously proven challenging for Wall Street firms in the area. The rotational program is the first of its kind in Millennium's tech organization. Wall Street SouthThe LEaD program is just one aspect of Millennium's big-picture build out in Miami.

☆ Inside Millennium Management's new engineering-recruitment program in Miami, from what applicants can do to stand out to why the city is becoming a key tech hub for the $58 billion hedge fund
▼ + stars: | 2023-04-17 | by ( Bianca Chan | ) www.businessinsider.com time to read: +5 min

☆ This leaked Fyre Festival pitch deck shows how Billy McFarland was able to secure millions for the most overhyped festival in history
▼ + stars: | 2023-04-11 | by ( Mark Abadi | ) www.businessinsider.com time to read: +2 min

A leaked sales deck for 2017's Fyre Festival contains the pitch CEO Billy McFarland gave investors ahead of the failed event. The sales deck contains misleading information about Fyre Festival and has been described as "beyond parody." Fyre Festival was advertised an upscale music festival in the Bahamas, complete with luxury beach villas, gourmet food, private jets, and supermodels and influencers galore. The pitch deck was first reported on in 2017 by Vanity Fair's Nick Bilton — who uploaded the full deck online — and recirculated on LinkedIn. Read on to see some of the most shocking, outlandish, and surreal slides from the Fyre Festival pitch deck.

☆ Tech ripped higher to start the year. Here's how the pros are trading the sector in the new quarter
▼ + stars: | 2023-04-04 | by ( Samantha Subin | ) www.cnbc.com time to read: +10 min

After the worst year for tech since 2008 , many investors questioned whether the market could move higher in the new year without the sector's cooperation. Names such as Apple , Microsoft and Amazon gained about 27%, 20% and 23% in the first quarter, respectively, as yields pushed lower. Amid this backdrop, Alphabet shares gained 17.6% in the first quarter as the company launched it's Bard chatbot rival. Not all investors view big tech so optimistically heading into the new quarter. Much of the surge in tech stocks stems from the oversold conditions created during 2022's carnage, positioning many of these stocks for a bounce, Meeks said.

☆ Fintech has a fraud problem, and the onus is on you to figure it out
▼ + stars: | 2023-03-29 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +5 min

Fintech's fraud misfortune. Which brings us to a story by Insider's Bianca Chan and Paige Hagy about concerns over the prevalence of fraud within consumer-facing fintechs in recent years. Click here to read more about fintech's fraud problem. We've also got the deck StellarFi, a fintech that helps users improve their credit score, used to raise $15 million. For more than 50 different decks used by fintechs to raise fresh funds, check out our library.

☆ Run on Silicon Valley Bank injects some panic into an already slumping stock market
▼ + stars: | 2023-03-11 | by ( Michael Santoli | ) www.cnbc.com time to read: +8 min

The charts suggest that breaking the December low in the S & P 500 around 3765 – down just 2.5% from here – would lose the bullish case a lot more credibility than has been surrendered so far. Of course, fears of contagion can outrun the facts and sometimes can become self-fulfilling, but the S & P 500 has (for now) simply backslid to a nine-week low. Jason Hunter, technical strategist at JP Morgan, had been expecting "a weakening corporate earnings environment would eventually take the narrative away from the Fed driven rates market. In the past week Apple shares lost about a third of what the S & P 500 did. Inflation has been at generational highs for two years as it was not then, and the labor market wasn't nearly as tight.

☆ Top 10 things the Club is watching in the stock market Friday
▼ + stars: | 2023-03-03 | by ( Jeff Marks | ) www.cnbc.com time to read: +4 min

Club holding Costco (COST) was a little disappointing Thursday evening, with an earnings beat overshadowed by some softer February trends. Analysts outline five "underappreciated catalysts" that they think will drive a re-rating of the Club holding in the next twelve months. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER .

☆ Putin gave Biden a $12,000 writing set in 2021. It was among the unusual presents world leaders offered the US president that year.
▼ + stars: | 2023-02-24 | by ( Erin Snodgrass | Jake Epstein | ) www.businessinsider.com time to read: +7 min

These are 7 of the most unusual, unique, or noteworthy presents gifted to President Joe Biden that year. These are 7 of the most unusual presents gifted to President Joe Biden in 2021. Putin gave Biden a $12,000 desk setLess than a year before Vladimir Putin launched his unprompted war in Ukraine, the Russian president gifted Biden a Kholuy Lacquer miniature workshop desk writing set and pen valued at $12,000, according to the State Department. Queen Elizabeth gave the president a photo of herselfThe late Queen Elizabeth gave the gift of herself during the 2021 G7 summit in England. President Joe Biden meets with Ukrainian President Volodymyr Zelenskyy in the Oval Office of the White House, Sept. 1, 2021, in Washington.

☆ Here comes the biggest week of earnings. Plus an AI ode to the Dow
▼ + stars: | 2023-01-28 | by ( Zev Fima | ) www.cnbc.com time to read: +7 min

While only six companies in the Dow Jones Industrial Average are reporting next week, about 20% of the S & P 500 reports, making it the biggest week of earnings this season. The Dow and the S & P 500 gained 2.2% and 2.9% this week, respectively, while the Nasdaq Composite rose 4.7%. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.

☆ Cramer: This market is split in two and only one part is worth owning right now
▼ + stars: | 2023-01-08 | by ( Jim Cramer | ) www.cnbc.com time to read: +10 min

Why didn't those who think Powell is a doofus speak up and say maybe he's gotten it right? Its market cap looks too big, but it might actually be right because of its service revenue. The rest of the market, including stocks like Micron, will trade as it has in any recession. But the bottoming process for high-growth tech is pretty unfathomable because it was never valued right in the first place. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

☆ Tech’s biggest show is set to kick off in Las Vegas. Here’s what to expect
▼ + stars: | 2023-01-04 | by ( Samantha Murphy Kelly | ) edition.cnn.com time to read: +5 min

The Consumer Electronics Show, now in its 56th year, kicks off this week in Las Vegas with a familiar mix of cutting edge technology and oddball gadgets. And this year’s event, in particular, could show how companies are thinking about products as pandemic concerns recede for some consumers but recession concerns remain. This year, featured speakers will include executives from traditional tech companies such as Samsung, Sony and Amazon, as well as other brands like John Deere, Delta and BMW. Still, the topic of virtual reality products will remain a focus for some companies. HTC is expected to launch the Vive Focus 3 this week at the show, with an emphasis on the metaverse.

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