Home / 2017 / June (page 19)

Monthly Archives: June 2017

As if He Isn’t Busy Enough: Met Museum Head to Write Book

Photo Daniel H. Weiss is writing a book about the American experience during the Vietnam era. Credit Joshua Bright for The New York Times Daniel H. Weiss, who this month became the top official at the Metropolitan Museum of Art, has sold a book about America’s experience in the Vietnam …

Read More »

Costco investors are overreacting to Amazon’s threat, analyst says

Daniel Acker | Bloomberg | Getty Images A cashier waits for a receipt to finish printing at a Costco Wholesale store in Naperville, Illinois. Costco shares have tumbled over worries the Amazon and Whole Foods Market merger will hurt the retailer’s business. However, one Wall Street firm says it is …

Read More »

The worrisome thing taking place in bond market

Something worrisome is happening in the bond market. Long-term Treasury bond yields fell Monday, with the 30-year bond yield hitting 2.682 percent, its lowest level since Nov. 9. The benchmark 10-year note yield, meanwhile, reached 2.121 percent, its lowest point since June 14. Short and long-term rates have moved closer …

Read More »

Exhumation of Salvador Dalí’s Body Ordered in Paternity Case

Photo Salvador Dalí in Catalonia, Spain, in 1966. Credit Lama/European Pressphoto Agency MADRID — A Spanish court ordered the exhumation of the corpse of Salvador Dalí in order to settle a woman’s claim to be recognized as the daughter of the Surrealist painter. The court said that DNA testing should …

Read More »

A top analyst says only one thing matters for Apple’s stock right now: China

Zhang Peng | LightRocket | Getty Images An Apple store in Hangzhou, China. UBS top analyst Steven Milunovich has pinned Apple success to its sales in China. Optimistic about iPhone 8 sales, Milunovich raised Apple’s price target to $170 and encouraged investors to buy thanks to the iPhone’s estimated 15 …

Read More »

Wall Street economists ‘consistently wrong’ in 10-year rate forecasts

To some degree, Wall Street economists and strategists are tasked with telling the future. Predictions are often based on historical research and analysis, and their firms (and clients) hope they’re on the mark. But according to Deutsche Bank’s chief international economist, Torsten Slok, forecasts for one of the economy’s benchmark …

Read More »

Creative Music Studio Changes Hands at a Critical Moment for Jazz

This month’s workshop was the last under their artistic direction. From here on, that responsibility will fall to Mr. Apfelbaum, the trumpeter Steven Bernstein and the drummer Billy Martin, all free-ranging musicians who began their careers in New York’s downtown scene in the 1980s. Photo From left. Billy Martin, Rob …

Read More »

Supreme Court rules for Missouri church Trinity Lutheran in playground case

Getty Images Faith & Freedom Coalition Chairman Ralph Reed speaks during a rally in front of the US Supreme Court, on April 19, 2017 in Washington, DC. The Supreme Court has ruled that churches have the same right as other charitable groups to seek state money for new playground surfaces …

Read More »

Chart analyst sees a troubling similarity between the rise of chip stocks and bitcoin

Rich Ross, technical analyst at Evercore ISI, is getting bearish on the whole market, but not too bearish, predicting a pullback of 3 percent on the S&P 500 and 5 percent on the NASDAQ-100. The call is based partly on complacency, partly on the time of year, and partly on …

Read More »

Lorde Squeezes Ahead of 2 Chainz as ‘Melodrama’ Opens at No. 1

Photo Lorde’s second album, “Melodrama,” is her first to top the Billboard chart. Credit Nigel Roddis/European Pressphoto Agency Five years ago, a teenager in New Zealand named Ella Yelich-O’Connor was uploading her songs to SoundCloud in obscurity. Before long, with the stage name Lorde, she became a platinum-selling, Grammy-winning pop …

Read More »