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☆ This New Zealand city is trying to recruit Americans—what it's actually like to move there
▼ + stars: | 2023-08-31 | by ( Jennifer Liu | In Jljenniferliu | ) www.cnbc.com time to read: +4 min

If you've ever dreamt about moving abroad, the capital city of New Zealand just made it easier. Wellington tends to attract early-career workers and those in search of a better balance, Allen says: "Here, people are more relaxed in their work life. Jon Kroll moved from LA to Wellington, New Zealand, in 2022. New quality of life boost is 'off the charts'Kroll says the cost of living is pretty comparable to life in LA. Want to be smarter and more successful with your money, work & life?

Persons: John Allen, Allen, That's, Wellington Jon Kroll, Jon Kroll, Karen Kroll Kroll, Karen, Kroll, Warren Buffett Organizations: New Zealand, U.S, FIFA, WellingtonNZ, Wellington Locations: New Zealand, Wellington, Australia, LA, Los Angeles, Wellington , New Zealand

☆ How to Play the Property Meltdown in Five Charts
▼ + stars: | 2023-08-30 | by ( Carol Ryan | ) www.wsj.com time to read: 1 min

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Persons: Dow Jones

☆ Where Peak-Season Shipping Is Headed, In Charts
▼ + stars: | 2023-08-30 | by ( Paul Berger | ) www.wsj.com time to read: 1 min

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Persons: Dow Jones

That price difference in 2016 arguably led to the overproduction of U.S. soybeans in the following two years, moderating soybean futures. The bean-corn ratio was also elevated in late 2013, a year which has been frequently compared with 2023, particularly for corn futures. Corn futures were declining at a faster rate than soybeans as U.S. corn supplies recovered significantly from the 2012 drought. 2024 ON HORIZONNext year’s December corn and November soybean futures already indicate heavier U.S. soybean acres for 2024 after declining 4.5% in 2023, hitting a three-year low. Prices were low by early 2015, causing both U.S. corn and soybean acres to contract that year.

Persons: Karen Braun Organizations: U.S ., Reuters, Thomson Locations: NAPERVILLE , Illinois, Chicago, U.S, China, Brazil, United States

☆ Opinion | The Faustian Bargain of Reducing Air Pollution
▼ + stars: | 2023-08-30 | by ( David Wallace-Wells | ) www.nytimes.com time to read: +3 min

This summer of extremes has been a summer of mystery, debate and even some confusion for climate scientists, who’ve been watching the news with the rest of us and asking, What, exactly, is going on? Is it just baseline global warming, trending upward, that explains the extreme temperatures on land and over sea? The arrival of a planet-warming El Niño in the Pacific? And when considering off-the-charts sea-surface temperatures, what role is being played by recent regulations designed to significantly reduce the sulfur emissions of ships, since less pollution in the air means more heat making its way to the water below? And almost certainly, the sulfur effect has been larger locally, along particular shipping routes in the world’s oceans, where some especially striking anomalies have been observed.

Persons: who’ve, what’s, alarmists, Robert Rohde Organizations: Berkeley Locations: Tonga, South, Phoenix

☆ Morning Bid: US jobs data and China bring cheer, for now
▼ + stars: | 2023-08-30 | by ( ) www.reuters.com time to read: +3 min

The Fed has made it clear it will be data-dependent as it charts its monetary policy path. European markets look set for a higher open, with the pan-European STOXX 600 (.STOXX) at two-week highs. Inflation reports from Germany and Spain later in the day will provide further clues on price pressures in the region ahead of the euro zone inflation report on Thursday. Traders have raised their bets on a 25-basis-point European Central Bank rate hike in September, a slight shift from expectations of a pause following a sharper-than-expected contraction in euro zone business activity. Australia's inflation slowed to a 17-month low in July, signalling that interest rates might not need to rise again.

Persons: Ankur Banerjee, Biden, Edmund Klamann Organizations: Silicon Valley Bank, Credit Suisse, REUTERS, Staff, Ankur, Federal, Federal Reserve, Traders, Bank, U.S, Bristol Myers Squibb, Novo Nordisk, Pfizer, ICE, Supplies, Reuters, Thomson Locations: Frankfurt, Silicon, Germany, U.S, Europe, Spain, Asia, West Africa, Singapore

☆ Social Media Is Dead: Instagram, TikTok Replaced by Group Chats, Messaging
▼ + stars: | 2023-08-30 | by ( Sydney Bradley | Amanda Perelli | ) www.businessinsider.com time to read: +15 min

Frustrated with the state of the platform, Breuning launched the "Make Instagram Instagram Again'' crusade in 2022. Influencers, marketers, average users, and even social-media executives agree: Social media, as we once knew it, is dead. Social media to social mediaNo app better defines the changing nature of social media than Instagram. "I'm honestly just tired of social media," said 23-year-old Walid Malb, who works in the creator economy. Amanda Perelli is a senior creator economy reporter covering social media influencers, advertising and marketing trends for Insider.

Persons: Tati, everyone's, Bruening, Breuning, algorithmically, Kylie Jenner, Adam Mosseri, Instagram, Jeffrey Gerson, Sarah Frier, Influencers, Mosseri, Hannah Stowe, Andrea Casanova, Casanova, I'm, Walid Malb, —, Gerson, Nina Haines, Victoria Johnston, Johnston, Lia Haberman, Alpha, they're, Haberman, wouldn't, Amanda Perelli, Bradley Organizations: Bloomberg, Apple, Twitter, UCLA, American Influencer Council, Social, . Locations: Instagram, New York, Similarweb, Castro, Geneva

☆ Karen Firestone: What investors should know about megacap stocks’ market influence
▼ + stars: | 2023-08-30 | by ( Karen Firestone | ) www.cnbc.com time to read: +5 min

These four are responsible for 46% of the 17% gain in the S & P 500 year to date. In 2003, the largest stocks – General Electric , Microsoft, Pfizer and Exxon Mobil – represented merely 4.4% of the total index market value. By 2013, the share commanded by giants Apple, Exxon, Microsoft and GE rose to 8.9% of the S & P 500. That's still below their 21% market value share, but it helps explain what investors are paying for: exceptional free cash flow and sustainable margins. The S & P 500 will struggle without participation from its biggest components.

Persons: That's, Price, Karen Firestone Organizations: Apple, Microsoft, Nvidia, Meta, Delta Air Lines, Micron Technology, Electric, Pfizer, Exxon Mobil, Exxon, GE, U.S, Union, Asset Management

The Pro Farmer Crop Tour has been following the same routes in seven major U.S. corn and soybean producing states for more than three decades. Pro Farmer on Friday pegged U.S. corn yield at 172 bushels per acre, below USDA’s 175.1 bpa and the year-ago 173.3. The advisory firm placed soybean yield at 49.7 bpa, below USDA’s 50.9 but above the 2022 yield of 49.5. For the past four years, Pro Farmer’s corn yield has correctly informed on the direction of USDA’s corn yield from August to September, but it had the wrong lean in the two prior years (2017 and 2018). For example, Pro Farmer’s 2022 corn yield suggested USDA’s September 2022 forecast should come in below that of August, and it did.

Persons: Lucas Jackson, Farmer, Pro Farmer, Karen Braun, Matthew Lewis Organizations: Carbon Solutions, REUTERS, Rights, Farmer, U.S . Department, Scouts, Iowa, USDA, Versus, Pro, Reuters, Thomson Locations: Defiance, Shelby County , Iowa, Rights NAPERVILLE , Illinois, Ohio, Indiana, Illinois, Iowa, Minnesota, Nebraska, U.S

☆ These 3 charts show Americans aren't feeling great about the economy
▼ + stars: | 2023-08-29 | by ( Phil Rosen | ) www.businessinsider.com time to read: +3 min

US consumer confidence dropped more than expected in August, the Conference Board said. These three charts show how Americans are feeling about the economy. Get the inside scoop on today’s biggest stories in business, from Wall Street to Silicon Valley — delivered daily. The Conference Board reported Tuesday that its consumer confidence gauge fell to 106.1 in August, below Bloomberg estimates and a fresh three-month low. The chart below shows that an increasing share of respondents said they feel "bad" about their current situation, while those who said they feel "good" decreased.

Persons: Dana Peterson, Peterson Organizations: Conference Board, Service, Board, Bloomberg, Conference, Consumers, Bureau of Labor Statistics Locations: Wall, Silicon

☆ Nio reports wider second-quarter loss amid China slowdown and product line revamp
▼ + stars: | 2023-08-29 | by ( John Rosevear | In Jrosevear | ) www.cnbc.com time to read: +2 min

Revenue: 8.77 billion yuan ($1.21 billion), vs. 9.25 billion yuan expected. 8.77 billion yuan ($1.21 billion), vs. 9.25 billion yuan expected. On a GAAP basis, the company reported a net loss of $835.1 million, or 51 cents per share. A year ago, Nio reported a net loss of 2.76 billion yuan, or 1.68 yuan per share, on revenue of 10.29 billion yuan. Nio's gross margin on vehicles for the second quarter was 6.2% in the second quarter, down from 16.7% a year ago but up from 5.1% in the first quarter of 2023.

Persons: Nio's ET5, Nio, William Bin Li Organizations: Central China International, Refinitiv . Locations: Wuhan, China, Abu Dhabi

☆ Indonesia launches sky train in capital, hopes to ease traffic and pollution
▼ + stars: | 2023-08-28 | by ( ) www.reuters.com time to read: +2 min

[1/2] Indonesian President Joko Widodo speaks as he launches the Light Rail Transit (LRT) in Jakarta, Indonesia, August 28, 2023. The driverless, 41.2 km (25.6 miles) Light Rail Transit (LRT) system connects central Jakarta and its satellites cities in West Java, Bekasi and Depok. People in Greater Jakarta commonly use a 418 km (260 mile) Commuter Line which serve around 1.2 million passengers per day. The president blamed the pollution on excessive road traffic and industries using coal and said nearly 1 million vehicles enter Jakarta each day. "Jakarta is always on the top 10 of list of cities with the worst traffic jams," he said.

Persons: Joko Widodo, Antara, Hafidz Mubarak, Ananda Teresia, Martin Petty Organizations: Rail, REUTERS, Acquire, Rights, Monday, Swiss, Thomson Locations: Jakarta, Indonesia, Rights JAKARTA, Greater Jakarta, West Java, Borneo, Nusantara, Southeast

☆ China’s Crisis of Confidence in Six Charts
▼ + stars: | 2023-08-24 | by ( Nathaniel Taplin | ) www.wsj.com time to read: 1 min

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Persons: Dow Jones

☆ These 8 charts suggest US stocks still have more upside ahead, despite recent slump
▼ + stars: | 2023-08-23 | by ( Matthew Fox | ) www.businessinsider.com time to read: +4 min

US stocks still have further room to run, according to a Wednesday note from GlobalData TS Lombard. AdvertisementAdvertisementThe bull market in stocks that started earlier this year isn't ending anytime soon, according to a Wednesday note from GlobalData TS Lombard. TS Lombard highlighted eight charts to back up its bullish view on the US stock market. The Fed is approaching the top of its hiking cycle, although markets discounting early cuts may be too optimistic," TS Lombard said. Sentiment has largely normalized now; and the S&P 500, if anything, appears oversold today," TS Lombard said.

Persons: Andrea Cicione, Skylar Koning, Lombard, Disinflation, GlobalData Organizations: GlobalData, Lombard

☆ Charts show the change in money supply is moving in the right direction, says Jim Cramer
▼ + stars: | 2023-08-23 | by ( Jim Cramer | ) www.cnbc.com time to read: 1 min

Charts show the change in money supply is moving in the right direction, says Jim Cramer'Mad Money' host Jim Cramer hits the charts to compare money supply and the Dow Jones.

Persons: Jim Cramer, Dow Jones

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/health/healthcare/the-upheaval-at-americas-disappearing-nursing-homes-in-charts-9aa8d2f9

Persons: Dow Jones

☆ Jim Cramer hits the charts to see what is ahead for the 10-Year Treasury
▼ + stars: | 2023-08-22 | by ( Jim Cramer | ) www.cnbc.com time to read: 1 min

Jim Cramer hits the charts to see what is ahead for the 10-Year Treasury'Mad Money' host Jim Cramer takes a look at charting for the 10-Year Treasury to see what is ahead for bond rates.

Persons: Jim Cramer Organizations: Treasury

☆ Nvidia owns this market and demand is off the charts, says Vital Knowledge's Adam Crisafulli
▼ + stars: | 2023-08-22 | 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 EmailNvidia owns this market and demand is off the charts, says Vital Knowledge's Adam CrisafulliAdam Crisafulli, Vital Knowledge founder and Thierry Wizman, Macquarie Group global interest rates and FX strategist, join 'Closing Bell Overtime, to talk the day's market action, the upcoming earnings slate and more.

Persons: Vital, Adam Crisafulli Adam Crisafulli, Thierry Wizman Organizations: Nvidia, Vital Knowledge, Macquarie Group

☆ 'The fear is not going away': Christians in Pakistan afraid to return home
▼ + stars: | 2023-08-22 | by ( Charlotte Greenfield | ) www.reuters.com time to read: +5 min

"Today was the first day of school after summer vacations but I did not send them because of fear," said their mother, Kiran. But community members and advocates say the trauma and fear will be tough to heal and their safety is not assured. Many are afraid to return home but, still in shock, do not know where to rebuild their lives. A few streets away about 240 people live in the makeshift shelter in the school along with Kanwal's family. The fear that has got embedded in my heart and my children's minds is just not going away."

Persons: Samuel, Kanwal, cradling Samuel, Kiran, Haq Kakar, Naseem Anthony, Anthony, Akmal Bhatti, Charlotte Greenfield, Mubasher Bukhari, Clarence Fernandez Organizations: Pakistan's, Police, Thomson Locations: Kanwal, Jaranwala, Faisalabad, Pakistan, Punjab, Provincial

☆ 2 charts that show how Mexico overtook China as America's top global trade buddy
▼ + stars: | 2023-08-22 | by ( Huileng Tan | ) www.businessinsider.com time to read: +4 min

Mexico overtook Canada as the US' top trading partner at the start of 2023. US trade with China has been edging lower since 2018, except for a spike during the pandemic. Mexico became US' top trading partner at the start of 2023US's trade with major partners as percentage of total US trade. Canada was the US' top trading partner since at least 2000 before being overtaken by China in 2014. "Mexico's expanding manufacturing base has offered an alternative to producing in China," Torres wrote in the note.

Persons: Trump, Donald Trump, China wasn't, Luis Torres, Torres, Hisense Organizations: Service, Privacy, Census Bureau, East, Federal Reserve Bank, Dallas, Trump, Federal Reserve Bank of Dallas, China Locations: Mexico, Canada, China, Wall, Silicon, US, Washington, Beijing

Interest in “Rich Men North of Richmond,” which was streamed 17.5 million times on services like Spotify and Apple Music in its first week of release, partly grew in the manner of a typical viral track, according to the service Luminate, whose data fuels the Billboard charts. Much of the consumer activity that drove the track to No. 1 came via 99-cent digital downloads from outlets like the iTunes Store — an outdated format that is declining in popularity faster than CDs. Despite streaming now accounting for more than 80 percent of music consumption overall, paid downloads are weighted more on the charts, a quirk exploited regularly by pop superfans devoted to acts like Ms. In often coordinated efforts, they use downloads to show support and earn chart milestones that are celebrated like wins in sports or political elections.

Persons: Jason Aldean, “, Anthony, Christopher Anthony Lunsford, —, Oliver Anthony, ”, Mr, Walsh —, superfans, Swift Organizations: Country Music Television, North, Apple Music, Daily, Korean, BTS Locations: Tennessee, Rich, Richmond, ”

Managed money net position in CBOT corn futures and optionsAn increase in gross corn shorts was the dominant theme for a third consecutive week, though funds also cut longs in the latest two weeks. Most-active CBOT corn futures had dropped 4.7% in the week ended Aug. 15. Managed money net position in CBOT soybean futures and optionsOpen interest in CBOT corn and soybean futures and options has not fluctuated much in the last couple of months. But open interest in CBOT wheat futures and options has surged 29% over the last seven weeks, directionally seasonal but more than double the recent average rate during the period. Most-active corn futures on Wednesday had hit their lowest levels since Dec. 31, 2020, though soybeans on Friday traded to their highest levels since July 31.

Persons: Daniel Acker, bearishness, ’ bullish, Wheat, Karen Braun, Matthew Lewis Organizations: REUTERS, Rights, Crop, Reuters, Thomson Locations: Tiskilwa , Illinois, U.S, Rights NAPERVILLE , Illinois

☆ 'Rich Men North of Richmond': A virtually unknown conservative singer just rocketed to the top of the charts
▼ + stars: | 2023-08-21 | by ( Oliver Darcy | ) edition.cnn.com time to read: +4 min

CNN —The right-wing media universe is maturing — and finding great success — beyond typical news commentary. That’s quite a feat, considering singer Christopher Anthony Lunsford was virtually unknown just weeks ago. It’s also illustrative of the power amassed by right-wing media forces, taking unknown quantities and churning them out into overnight blockbuster hits, a weaponized cudgel against perceived enemies in mainstream institutions. And, while he is a well known country singer, Jason Aldean’s widely criticized “Try That In a Small Town” was not much of a commercial success until it was boosted by right-wing media to the top of the Billboard charts. As conservatives increasingly see legacy media companies and performers as not only disagreeable, but outright evil, it makes sense that they would look toward outsiders to fill their entertainment needs.

Persons: Oliver Anthony Music’s, “, Christopher Anthony Lunsford, Lunsford, Taylor Swift, Morgan Wallen, Olivia Rodrigo, Miley Cyrus, It’s, Donald Trump, Tom Cruise, Jason Aldean’s Organizations: CNN, North, Billboard, Fox News, Trump, Daily, Disney Locations: Richmond, Washington

☆ For a Trendy Night Out in Paris, How About a Climate Change Workshop?
▼ + stars: | 2023-08-19 | by ( Constant Méheut | More About Constant Méheut | ) www.nytimes.com time to read: +1 min

On a recent summer evening in central Paris, a handful of people trickled into a trendy Brazilian bar blasting bossa nova, passed customers toasting with caipirinhas and headed for a wooden staircase in the back. They emerged into a small room featuring a table strewn with large printed cards that showed charts explaining the science behind climate change. The group was taking part in a “Climate Fresk,” a workshop run by a nonprofit of the same name, that teaches the basics of global warming and highlights possible solutions. The events have become a trendy night out in France, with more than a million participants. The popularity of the Climate Fresks, named for the “fresco” that participants create with the cards, comes as much of Europe faces hotter summers associated with climate change.

Persons: ”, “ We’re Locations: Paris, Brazilian, France, Europe

Romulo Lollato, a wheat agronomist for Kansas State University, examines wheat in a field on an annual crop tour, near Washington, Kansas, U.S., May 16, 2023. The U.S. Department of Agriculture predicts 2023 corn yield in Illinois will be similar to that of 2021. USDA pegs Iowa’s corn yield just below 2021’s record, which also came amid dry conditions with well-timed showers. The tour uses a rough corn yield calculation, though it does not estimate soybean yield. Final soybean yield across the whole of Nebraska last year was the lowest since 2012 and 18% below the 2019-2021 average.

Persons: Romulo Lollato, Tom Polansek, Pro Farmer, Karen Braun, Matthew Lewis Organizations: Kansas State University, REUTERS, Rights, Farmer, U.S . Department, Agriculture, Pro, Farm Journal Media, Reuters, Thomson Locations: Washington , Kansas, U.S, Rights NAPERVILLE , Illinois, Illinois, Iowa, Minnesota, Illinois , Iowa , Nebraska , Minnesota , Indiana , Ohio, South Dakota, Nebraska

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