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☆ New York is choking on smog. But for these cities, it’s just another day
▼ + stars: | 2023-06-08 | by ( Jessie Yeung | ) edition.cnn.com time to read: +6 min

Hong Kong CNN —For days, images of New York choking in smoke have stunned the United States, as residents struggle to deal with the unfamiliar challenge of severe air pollution. That means its people are exposed to high levels of fine particulate matter, or PM2.5, a widely used indicator of harmful air pollution. It culminated in the infamous 2013 “air-pocalypse,” when the air quality index hit 755, smashing what was supposed to be the top of the scale at 500, according to the US Embassy in Beijing that kept a daily air quality monitor. In 2021, Beijing recorded its best monthly air quality since records began in 2013; photos now show mostly blue skies in the city. It’s an encouraging sign, and evidence that the right policies and investment can help fix air quality.

Persons: smothers, Andrew Kelly, Sanchit Khanna, Chiang Mai, Nicolas Asfouri, Justin Trudeau, Joe Biden, ”, Lucky Tran Organizations: Hong Kong CNN, Rockefeller Center, Reuters, Hindustan Times, Embassy, Canadian, United Nations, East Coasters Locations: Hong Kong, York, United States, Canada, Coast, West Coast, California, Asia, New York, India, New Delhi, Southeast Asia, Malaysia, Indonesia, Beijing, AFP, –, China, It’s, South Carolina, Quebec, Yorkers

☆ From the $3,499 Vision Pro to the $17,000 gold Apple Watch, these are 6 of Apple's most expensive products ever
▼ + stars: | 2023-06-08 | by ( Nicolas Vega | ) www.cnbc.com time to read: +1 min

Apple is known for a lot of things, but selling cheap products isn't one of them. That was the case this week when Apple unveiled its long-awaited mixed-reality headset, the Vision Pro. Packed to the brim with cutting edge technology, the Vision Pro is Apple's first major product launch in almost 10 years. Whether or not the Vision Pro becomes a hit with customers when it releases next year remains to be seen, but it has already entered the ranks of Apple's priciest devices. Here are six of Apple's most expensive products ever.

Persons: Mark Zuckerberg, Max Organizations: Apple, Facebook, Apple Watch, Vision, Developers Conference

☆ Françoise Gilot, artist whose career transcended relationship with Picasso, has died at 101
▼ + stars: | 2023-06-08 | by ( Benjamin Sutton | ) edition.cnn.com time to read: +7 min

Françoise Gilot, a tireless artist who defied simple categorization — and efforts to define her merely as a footnote in the story of her former lover Pablo Picasso — died Tuesday in New York. The early years of her career coincided with World War II and the Nazi occupation of Paris. In 1970, Gilot married her second husband, Jonas Salk, a virologist who developed one of the first polio vaccines. "Paloma à la Guitare" by Francoise Gilot (1965) was part of Sotheby's (Women) Artists Sale in 2021 in London, England. In 2012, Gagosian staged the first exhibition of Gilot’s work alongside Picasso’s, “Picasso and Françoise Gilot: Paris–Vallauris 1943–1953,” which focused on works made during their relationship.

Persons: Françoise, Pablo Picasso —, Aurelia Engel, Gilot, Engel, Madeleine Decre’s, Picasso, Carlton Lake, ”, Picasso’s, Pablo Picasso, Francoise Gillot, Roger Viollet, ” Gilot, —, Claude, Paloma Picasso —, Luc Simon, Paris ’ Galerie Louise Leiris, York’s David Findley, Simon, Engel’s, Jonas Salk, Salk, Paloma, Francoise Gilot, John Phillips, Gerald Joyce, Jonas Salk —, Jonas, Gagosian, “ Picasso, John Richardson, Richardson, John Bright, “, Jacques Chirac, Nicolas Sarkozy, WHYY’s Terry Gross Organizations: The Art, CNN, The New York Times, Paris ’ Galerie, United, Galleria Santo, Galerie Coard, Salk, Salk Institute, Acatos Publishing, New York, Penske Media, Museum of Modern Art, Metropolitan Museum of Art, ville de, New Orleans Museum of Art, National Museum of Women, Arts, of Arts, National Merit, Legion Locations: New York, Paris, Neuilly, Seine, Nazi, Europe, United States, Venice, Dantesca, Turin, Pierre, ”, San Diego , California, Sotheby's, London, England, California, Antibes, ville de Paris, Washington , DC, France

☆ Andreessen Horowitz-backed fintech Payrails just raised $14.4 million from EQT and General Catalyst using this 11-slide pitch deck
▼ + stars: | 2023-06-07 | by ( Callum Burroughs | ) www.businessinsider.com time to read: +1 min

German fintech Payrails has brought in a $14.4 million funding extension. The startup has raised the fresh funds from EQT Ventures and General Catalyst. German fintech startup Payrails has raised $14.4 million in a funding extension from EQT Ventures and General Catalyst, the company said on Tuesday. The fresh funds come from EQT Ventures and General Catalyst, confirming previous Insider reportingVC giant Andreessen Horowitz and German investor HV Capital funded a $6.4 million seed round in 2021. "We've grown and now have large enterprises using the product so the fundraising is a decision to help us accelerate our product roadmap."

Persons: Payrails, Catalyst, Andreessen Horowitz, Orkhan, Emre Talay, Nicolas Thouzeau, we've Organizations: EQT Ventures, Capital

☆ No place like home for Panthers after Vegas take 2-0 series lead
▼ + stars: | 2023-06-06 | by ( ) www.reuters.com time to read: +2 min

[1/4] Jun 5, 2023; Las Vegas, Nevada, USA; Florida Panthers center Anton Lundell (15) celebrates goal in the third period against the Vegas Golden Knights in game two of the 2023 Stanley Cup Final at T-Mobile Arena. Mandatory Credit: Stephen R. Sylvanie-USA TODAY SportsJune 6 (Reuters) - A humbled Florida Panthers squad will count on their home fans to help turn around a dismal start to their Stanley Cup Final campaign, after the Golden Knights took a 2-0 series lead in Las Vegas on Monday. Vegas were considered the overwhelming favourites heading into the best-of-seven championship series and thus far Goliath has been firmly in control of David, with the Golden Knights clinching the first two games 5-2 on Saturday and 7-2 on Monday. The Panthers play the Golden Knights at FLA Live Arena in Game 3 of the Stanley Cup Finals in Sunrise, Florida. Reporting by Amy Tennery in New York Editing by Toby DavisOur Standards: The Thomson Reuters Trust Principles.

Persons: Anton Lundell, Stephen R, Goliath, David, we've, Matthew Tkachuk, Nicolas Roy, William Carrier, Zach Whitecloud, Paul Maurice, Amy Tennery, Toby Davis Organizations: Florida Panthers, Vegas Golden Knights, Mobile, Stanley, Golden Knights, Vegas, Panthers, FLA, Thomson Locations: Las Vegas , Nevada, USA, Las Vegas, Florida, Sin City, Sunrise , Florida, New York

☆ Ruud roars, Jabeur races into French Open quarter-finals
▼ + stars: | 2023-06-05 | by ( Shrivathsa Sridhar | ) www.reuters.com time to read: +3 min

"If we had gone five sets I don't know how long we would have played," said Ruud on court Philippe Chatrier. He next faces either Dane Holger Rune in a re-match of last year's quarter-final, or Argentina's Francisco Cerundolo. Jabeur moved into the quarter-finals at Roland Garros for the first time with a 6-3 6-1 win over American Bernarda Pera and hoped that the romantic atmosphere of Paris will help her quest for a maiden Grand Slam title. The Tunisian had reached the Australian Open quarter-final in 2020 and finished runner-up to Elena Rybakina and Iga Swiatek in the Wimbledon and U.S. Open title clashes last year. "For now, I just want to take it one match at a time," added Jabeur.

Persons: Roland Garros, Bernarda Pera, Benoit Tessier PARIS, Casper Ruud, Chile's Nicolas Jarry, Ruud, lanky claycourt, Jarry, Philippe Chatrier, Dane Holger Rune, Francisco Cerundolo, Jabeur, Elena Rybakina, Beatriz Haddad Maia, Sara Sorribes Tormo, Maria Bueno, Haddad Maia, Bueno, Daria Kasatkina, Ukraine's Elina Svitolina, I've, Kasatkina, Elina, Sabalenka, Svitolina, Shrivathsa Sridhar, Christian Radnedge Organizations: Jabeur, Bernarda, U.S, REUTERS, Tunisian, Wimbledon, Twitter, Thomson Locations: Paris, France, Tunisian, Iga, Belarusian, Ukraine

☆ Bill Gates' top books, TV shows and music for summer 2023: 'There's more to life than reading'
▼ + stars: | 2023-06-05 | by ( Nicolas Vega | ) www.cnbc.com time to read: +3 min

The world's fourth-richest man normally releases his summer reading recommendations near the beginning of June. But this year, Gates decided that "there's more to life than reading." These are Bill Gates' "great books, songs and shows for the summer." "It was far from stateless and primitive when Europeans arrived," Gates writes. His curated Spotify playlist includes "many of my favorite songs" from artists ranging from Enrique Iglesias to Vampire Weekend.

Persons: Bill Gates, Gates, I've, Gabrielle Zevin, —, Paul Allen, Howard French, Howard W, Netflix Gates, Birgitte Nyborg, who's, Enrique Iglesias, Bono, Kelly Evans Organizations: Microsoft, Netflix Locations: Denmark, Africa, French, Danish

☆ Exclusive: Ukraine has cultivated sabotage agents inside Russia and is giving them drones to stage attacks, sources say
▼ + stars: | 2023-06-05 | by ( Natasha Bertrand Zachary Cohen Kylie Atwood | Natasha Bertrand | Zachary Cohen | ) edition.cnn.com time to read: +8 min

US officials believe these pro-Ukrainian agents inside Russia carried out a drone attack that targeted the Kremlin in early May by launching drones from within Russia rather than flying them from Ukraine into Moscow. But US officials believe that Ukraine has developed sabotage cells inside Russia made up of a mix of pro-Ukrainian sympathizers and operatives well-trained in this kind of warfare. Asked for comment, a spokesperson for the head of the Ukrainian Security Service suggested to CNN that the mysterious explosions and drone strikes inside Russia would continue. ‘A culmination of months of effort’There has been a steady drumbeat of mysterious fires and explosions inside Russia over the last year, targeting oil and fuel depots, railways, military enlistment offices, warehouses and pipelines. A savvy military strategyPublicly, senior US officials have condemned the strikes inside Russia, warning of the potential for an escalation of the war.

Persons: Russia –, ‘ Cash, they’ve, “, Volodymyr Zelensky, ”, Vasyl Malyuk, Kirill Kudryavtsev, Kyrylo Budanov, Budanov, Zelensky, ” Budanov, Nicolas Vaujour, ” Vaujour, Vladimir Putin Organizations: Washington CNN —, CNN, Kremlin, Ukrainian, Reuters, Ostorozhno Novosti, Ukrainian Security Service, Security Service, Getty, Pentagon, CIA, Washington Post, Yahoo, Joint Staff, UK Ministry of Defense Locations: Washington CNN — Ukraine, Russia, Ukrainian, Ukraine, Moscow, Russian, Ostorozhno, AFP, Russia’s Rostov, Rostov Oblast, Moscow’s, ”, Belgorod, Russia’s

☆ Turkey's Erdogan to take oath, name new-look cabinet
▼ + stars: | 2023-06-03 | by ( Huseyin Hayatsever | ) www.reuters.com time to read: +3 min

Turkey's longest serving leader, Erdogan garnered 52.2% support in the May 28 runoff vote. The new parliament convened on Friday and Erdogan will officially start his new term by taking his oath on Saturday at around 3 p.m. (1200 GMT) in the general assembly in Ankara. Simsek was highly regarded by investors when he served as finance minister and deputy prime minister between 2009 and 2018. Erdogan, 69, became prime minister in 2003 after his AK Party won an election in late 2002 following the worst economic crisis of Turkey since the 1970s. In his victory speech, Erdogan said inflation, which hit a 24-year peak of 85% last year before easing, was Turkey's most urgent issue.

Persons: Tayyip Erdogan, Erdogan, Jens Stoltenberg, Nicolas Maduro, Viktor Orban, Nikol Pashinyan, Mehmet Simsek, Simsek, Huseyin Hayatsever, Jonathan Spicer, Frances Kerry Organizations: NATO, Armenian, Anadolu Agency, Reuters, AK Party, Thomson Locations: ANKARA, Ankara, Hungarian, Turkey

☆ Sometimes, Making a Documentary Can Take Years (and Years and Years…)
▼ + stars: | 2023-06-03 | by ( Nicolas Rapold | ) www.nytimes.com time to read: +1 min

One of the magic tricks of documentaries is the ability to film somebody changing over a period of time. When it’s a span of several years, audiences can get a unique psychological portrait. But these long-haul projects come with particular challenges and obstacles for the filmmakers who see them through. These documentaries might take anywhere from a few years to more than a decade to shoot and complete, and the reasons vary. Over the course of the film, she forges a career in the tough, often sexist arenas of the art world and the academy.

Persons: ” Lea Glob’s “, Apolonia, Apolonia Sokol, Sokol Organizations: Tribeca Festival Locations: New York City, Paris

☆ Renault customers to lodge criminal complaint in France over faulty engines
▼ + stars: | 2023-06-02 | by ( ) www.reuters.com time to read: +2 min

PARIS, June 2 (Reuters) - Renault (RENA.PA) could face prosecution in France over faulty engines as a group of customers plans to lodge a criminal complaint against the carmaker next week, the group's lawyer said on Friday. The decision to file the complaint follows unsuccessful discussions between Renault and the plaintiffs over the faulty engines, he added. A Renault spokesperson said the company had been providing technical support and financial help to affected customers. "The Renault Group never stopped and continues reviewing demands that it is receiving," the spokesperson said. "Support demands that could not be addressed have all been carefully reviewed and an answer has been given," Renault said.

Persons: Christophe Leguevaques, Nissan, Renault, Nicolas Delame, Dominique Vidalon, Gilles Guillaume, Mark Potter Organizations: Renault, Reuters, Le Parisien, Renault Group, Nissan, Thomson Locations: France, Dacia, Nanterre, Europe

☆ About 9% of adults in 30 countries identify as LGBTQ, survey says
▼ + stars: | 2023-06-02 | by ( Meron Moges-Gerbi | ) edition.cnn.com time to read: +2 min

CNN —About 9% of adults across 30 countries around the world identify as LGBTQ, according to a new Ipsos poll. The survey released Thursday indicates Millennials and Gen Zers are more likely to identify as queer, bisexual, pansexual, omnisexual, or asexual than older generations. Respondents included more than 22,514 adults under the age of 75 in 30 countries who answered the survey online between February 17 and March 3. Among the countries surveyed, the survey shows more than half of respondents said they support same-sex marriage where it is legal. Women are also significantly more likely than men to support same-sex marriage, the survey said.

Persons: Zers, Nicolas Boyon, ” Boyon, Boyon Organizations: CNN Locations: Thailand, Italy, Spain, United States, Eastern Europe, Great Britain, “

☆ Why wealthy Americans love UBS, the secretive Swiss banking giant
▼ + stars: | 2023-06-02 | by ( Carlos Waters | In Carloswaters | ) www.cnbc.com time to read: +2 min

With its $3.2 billion acquisition of Credit Suisse, UBS is poised to climb the ranks of global mega banks. Additionally, U.S. senators claim that Credit Suisse maintained accounts linked to Nazi clients as recently as 2020. The Swiss National Bank pledged over $100 billion in liquidity support to broker UBS's rapid takeover of Credit Suisse. In the deal, Credit Suisse shareholders expect to trade in 22.48 shares for 1 UBS share. "By and large, what the Swiss government mostly did is impose losses on creditors and shareholders of Credit Suisse," said Véron.

Persons: Nicolas Véron Organizations: Credit Suisse, UBS, Experts, Swiss, Bankers, Peterson Institute for International Economics, Washington , D.C, Swiss National Bank, AG Locations: Switzerland, United States, Singapore, New York, Swiss, Washington ,, Brussels, U.S

The new United credit card bonus offers can get you free flights on United and its partners. Other cards offering increased welcome bonuses are the United Quest℠ Card, United℠ Explorer Card, and United Gateway℠ Card. For a limited time, four United credit cards are offering elevated welcome bonuses, worth up to 80,000 miles and 1,000 Premier Qualifying Points (PQP) toward elite status. Earn 3x miles on United® purchases, 2x miles on dining, select streaming services & all other travel, 1x on all other purchases. Earn 4 miles per $1 spent on United® purchases including tickets, Economy Plus, inflight food, beverages and Wi-Fi, and other United charges.

Persons: Nicolas Economou, —, we've, Here's, We're, You'll, It's, Cardholders, it's Organizations: United, Getty, Service, United Airlines, Star Alliance, Air Canada, Singapore Airlines, Lufthansa, Chase United, PQP United, United Club, Reading Chevron, Canada, Quest, TSA, Airlines, Chevron, Card, Free Locations: Chevron

☆ A pledge to fight climate change is sending money to strange places
▼ + stars: | 2023-06-01 | by ( ) www.reuters.com time to read: +10 min

That failure has helped keep climate finance at the top of the agenda at annual U.N. climate conferences, such as last year’s COP27, held in Sharm el-Sheikh, Egypt. Some officials from potential recipient countries say that, before more money starts to flow, clearer definitions of what qualifies as climate finance and more transparency in reporting contributions are needed. A SIMEST official said that the agency’s work is not focused on climate change and that it is not involved in Italy's climate finance reporting. Source: Reuters analysis of climate finance data nations reported to the U.N. Japan’s foreign ministry, not JICA, is responsible for reporting climate finance to the U.N., Takeda said.

Persons: COP27, Matthew Samuda, Venchi, hasn’t, Fred Béliard, Nicolas Fierens Gevaert, Mohammad Hossain, Sachiko Takeda, Takeda, Hiroshi Onuma, Matarbari, “, ” Organizations: Jamaica's Ministry of Economic, Reuters, Italy's Ministry of Environment and Energy Security, United, Marriott, Fatima Group, U.S . State Department, Roja, French Development Agency, U.S, Power Cell, Japan International Cooperation Agency, Japan’s Ministry of Foreign Affairs Locations: Paris, Sharm el, Sheikh, Egypt, Dubai, Jamaica's, Japan, China, Indonesia, Asia, SIMEST, Italy, United States, Haitien, Haiti, Marriott, U.S, Belgium, Argentina, France, Mexico, Kenya, South Africa, Bangladesh, San Francisco, Germany, “ Japan

☆ 40-year-old director never thought she could have a film career—now her latest movie stars Robert De Niro
▼ + stars: | 2023-05-31 | by ( Nicolas Vega | ) www.cnbc.com time to read: +1 min

"When I thought of a film director, I pictured, you know, Spielberg. At 28, she finally enrolled in film school at New York University with the support of her family and her partner at the time. "Those three years of film school were the best years of my life," she says. While she was in school, Terruso "said yes to everything." She worked on films for as little as $100 a day doing whatever they needed, wanting to soak up as much experience as she could.

Persons: Laura Terruso, she'd, –, Spielberg, Robert De Niro, Sebastian Maniscalco, Terruso Organizations: CNBC, Getty, New York University Locations: Dyker, Brooklyn

☆ Here's how Bank of America is telling traders to invest up and down the spectrum from large cap to small to book maximum profits while playing smart defense
▼ + stars: | 2023-05-31 | by ( Marley Jay | ) www.businessinsider.com time to read: +5 min

Its equity strategists say that value criteria tend to work best in small- and mid-cap stocks. They added that small caps are an especially good pathway to diversification right now. But they noted that investors can use small caps to diversify their portfolios while also being rewarded for better stock picking. "High Projected Long-Term Growth has not been a strong stock selection factor over the long-term," they wrote. "The best way to pick stocks within small caps over the long-term has been buying stocks with high free cash flow to enterprise value" and other metrics based on free cash flow yields.

Persons: Subramanian, it's, Jill Carey Hall, Nicolas Woods, Woods, Russell, Russell MidCap Organizations: of America, Bank of America, US Equity, Materials, Nasdaq, Bank of

[1/2] Brazil's President Luiz Inacio Lula da Silva meets with Venezuela's President Nicolas Maduro (not pictured) before a summit with presidents of South America to discuss the re-launching of the regional cooperation bloc UNASUR, in Brasilia, Brazil, May 29, 2023. "We won't decide anything at tomorrow's meeting, it is just about discussing possibilities," Lula told a news conference on Monday with Venezuelan President Nicolas Maduro, on his first visit to Brazil in eight years. Lula said the leaders did not have to recreate a new Unasur but could come up with a different sort of organization. Maduro is hoping the South American countries will unite in calling on the United States to lift its sanctions against Venezuela, which he and Lula assailed at their news conference. "The aim of this initiative is to unite all the countries of the region once again," she told reporters on Friday.

CNN —A mysterious patch of fluorescent green water that appeared in Venice’s famed Grand Canal Sunday was caused by a chemical commonly used in underwater construction to help identify leaks, environmental authorities say. Gondolas navigate by the Rialto Bridge on Venice's historical Grand Canal as a patch of phosphorescent green liquid spreads in it, on Sunday, May 28, 2023. Luigii Costantini/APPeople observe Venice's historical Grand Canal as a patch of phosphorescent green liquid spreads in it,. This is not the first time Venice’s Grand Canal has changed color. In 1968 Argentine artist Nicolás García Uriburu dyed the waters of the canal green with a fluorescent dye called Fluorescein, during the annual Venice Biennale.

☆ Venezuela's Maduro meets Lula on first visit to Brazil since 2015
▼ + stars: | 2023-05-29 | by ( ) www.reuters.com time to read: +1 min

Brazil's former hard-right President Jair Bolsonaro had banned Maduro from entering Brazil when he took office in 2019, a measure that Lula lifted when he returned to power this year. Lula and Maduro met at the presidential palace and were scheduled to sign agreements in the early afternoon. Among the issues on their agenda was a large debt Venezuela has run up with Brazil's National Development Bank, Brazilian officials said. Brazilian Finance Minister Fernando Haddad was due to meet with Maduro and Lula, they added, and the president of state-run oil company Petrobras, Jean Paul Prates. The organization floundered when several South American countries elected right-wing governments, creating diplomatic fissures on the continent.

☆ Private jets get a bad rap. Jetex is trying to make them greener
▼ + stars: | 2023-05-29 | by ( Rym Bendimerad | ) edition.cnn.com time to read: +7 min

Because they often travel shorter distances than commercial jets, private jets are generally less efficient, and their emissions per passenger are much higher. According to data from European non-profit Transport and Environment, private jets can be five to 14 times more polluting than commercial planes, and 50 times more polluting than trains. Yet the private aviation sector has seen considerable growth in recent years. EVTOL aircraft have a more limited range than private jets, and would be used for short flights around and between cities – which, in the future, could be an eco-friendlier option for the many celebrities who’ve been criticized for traveling short distances in their private jets. “We are seeing some really exciting innovations coming from private aviation,” said Dr. Kearns.

☆ Mystery as Venice's famed Grand Canal turns a fluorescent green, leaving Italian police and locals stumped
▼ + stars: | 2023-05-29 | by ( Riddhi Kanetkar | ) www.businessinsider.com time to read: +3 min

A patch of water turned bright green in Venice's canal on Sunday. The city councilman blamed environmental activists, but none have so far claimed responsibility. Images on social media show a bright patch of green in the canal along an embankment lined with restaurants. City councilman Andrea Pegoraro pointed to environmental activists as the potential culprits in the wake of recent protests on Italian cultural sites. The green liquid that spread through the water near the arched Rialto Bridge.

Rome CNN —Venetian authorities are investigating after a patch of fluorescent green water appeared in the famed Grand Canal on Sunday morning. “This morning a patch of phosphorescent green liquid appeared in the Grand Canal of Venice, reported by some residents near the Rialto Bridge. Luigii Costantini/APPeople observe Venice's historical Grand Canal as a patch of phosphorescent green liquid spreads in it,. This is not the first time Venice’s Grand Canal has experienced a color alteration. In 1968 Argentine artist Nicolás García Uriburu dyed the waters of the canal green with a fluorescent dye called Fluorescein, during the annual Venice Biennale.

☆ Taylor Swift is this summer's most in-demand artist—Eras Tour tickets sell for an average of $920
▼ + stars: | 2023-05-26 | by ( Nicolas Vega | ) www.cnbc.com time to read: +1 min

When it comes to the most in-demand concerts of the summer, there's Taylor Swift and then there's everybody else. The "Style" singer is the hottest act of the season according to StubHub, which on Friday released its 2023 Summer Tour Preview. 1 on the list, with tickets for her 24 "Eras" tour dates this summer selling for an average of $920 apiece. In fact, the $920 average selling price is a bargain in some locations. 7 P!NK — with her 33 tour dates selling at an average of $231 per ticket — are outselling the seven male artists in the top 10 by 50%.

☆ BANK OF AMERICA: Buy these 20 stocks that share the 3 characteristics that should outperform once the Fed stops raising interest rates
▼ + stars: | 2023-05-21 | by ( Marley Jay | ) www.businessinsider.com time to read: +2 min

Bank of America says it believes the Federal Reserve is done raising interest rates for now. The biggest question for investors and market participants today is whether the Federal Reserve is really done raising interest rates — for now, at least. BofA says the economy is in a downturn phase, and recommends buying bigger, "higher quality" stocks in the SMID cap space. They're also recommending a related but slightly different approach based on the types of stocks that have typically succeeded right after the Fed has stopped raising rates. The following stocks fit all three of the quality, value, and technical criteria and had "Buy" ratings from Bank of America's analysts as of May 16.

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