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...Even at 77, there is no let-up for American composer John Adams....
...But their reaction on Wednesday to the Fed’s announcement was far from disappointment, with a sharp rise in equities feeding a rally that has added 27 per cent to the S&P 500 since October....
...Elsewhere on Monday… — Trading floor shut in London (New York Times, see also) — An apology for January (The Fence) — Geoff Harcourt: what Adam Smith really said (The Political Economy of Development)...
...Stocks have rallied strongly this year, with the blue-chip S&P 500 enjoying its best start to a year since 2019, having risen 10.2 per cent in the first quarter of 2024....
...Stocks and bonds were both higher on Thursday, with the S&P 500 up 1.2 per cent while yields on rate-sensitive two-year Treasuries hovered around three-week lows at 4.52 per cent....
...Adam Neumann plots his return to WeWork For weeks, DD reporters have been hearing about former WeWork chief executive Adam Neumann’s fundraising efforts to swoop in and buy the company out of bankruptcy...
...That euphoria has yet to be duplicated, though the IPOs in 2020 saw an average of 50 per cent first-day returns relative to the S&P 500....
...The S&P 500 gained 1.1 per cent on Friday to a record high as a surge in tech stocks helped the market shrug off the change in interest rate expectations....
...Stocks fell after Powell’s comments, with the S&P 500 ending the day down 1.6 per cent, its worst day in four months, and the Nasdaq Composite down 2.2 per cent, its worst day in three months....
Ankara seeks to emphasise its traditional role as a route for goods moving from Asia to Europe
...Stocks also rallied, with the S&P 500 ending the day up 0.6 per cent at 4,594.63, its highest close since March 2022....
...Both S&P Global Ratings and Fitch Ratings increased their outlook on Turkey’s credit rating to “stable” in September as a result of the new economic policy, although it remains well within junk territory...
...US stocks and government bonds extended their losses on Thursday after Powell’s comments, with the benchmark S&P 500 closing down 0.8 per cent....
...And when it filed the S-1, the investors looked at it and were like, wait, there’s a lot of conflicts of interest here....
...Last autumn, I began each day in front of Joachim Patinir’s “Landscape with Saint Jerome”....
...Over the past 30, 20, 10 and five years, the Sensex has performed as well or better than the S&P 500, leaving other big markets far behind: India’s growth story is built on its remarkable increase in total...
...The search is on for 2024’s most compelling and enjoyable business book, with the launch of this round of the Financial Times and Schroders Business Book of the Year Award....
...s=20 So there are still a lot of things to fix. Even vibe-wise, we have a lot of work to do. It’s hard to ignore now much sentiment and actual data can diverge these days....
...We’re pleased to team up, for the second time, with Adam Tooze of Columbia University. This letter will appear in both Unhedged and Adam’s Chartbook newsletter (you should subscribe!)...
...Critics found 2007’s Miss Herbert, a vigorous romp through literary theory and translation, either “monumentally annoying” (Adam Mars-Jones) or “cheeringly unique” (James Smart)....
...But funds gained 6.1 per cent on average, compared with the S&P 500’s 26.3 per cent gain....
...The S&P 500 rose at first, but by the end of the trading day had round-tripped. Powell’s message was unmistakable, if familiar....
...Just ask the ghost of Adam Smith. gillian.tett@ft.com...
...Which 1989 Gus Van Sant film stars Matt Dillon as Bob Hughes and William S Burroughs as a priest?...
...“They went crazy laughing at these things,” says Sandy Reynolds-Wasco, set decorator on many of the director’s movies, from 1992’s Reservoir Dogs to 2009’s Inglourious Basterds....
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