© Reuters. FILE PHOTO: The Federal Reserve building is pictured in Washington, DC By Howard Schneider and Ann Saphir WASHINGTON (Reuters) – The Federal Reserve on Wednesday left its key overnight interest rate near zero and made no change to its monthly bond purchases, pledging again to keep those economic pillars in place until there […]
Barry Le Va, a leading practitioner of Process, post-Minimal, and post-studio art whose sculptures and installations investigated the order of chaos and vice versa, has died at age seventy-nine, according to New York’s David Nolan Gallery, which represents the California-born artist. Gaining renown in the 1960s with innovative sculptures that he called “distributions,” in which […]
© Reuters By Geoffrey Smith Investing.com –The war between retail traders on Reddit and Wall Street short-sellers continues, with GameStop set to double again at the opening. Jerome Powell will hold his first press conference since Joe Biden was sworn in as President, with Janet Yellen now confirmed as Treasury Secretary. Microsoft’s earnings set a […]
Leon Black, chairman of the board of the Museum of Modern Art, New York, is stepping down from his role as CEO of private equity firm Apollo Global Management, reports the Wall Street Journal. His departure from the multibillion-dollar entity follows an independent investigation into his financial ties to disgraced sex offender Jeffrey Epstein, who […]
2/2 © Reuters. FILE PHOTO: Susan Rice speaks at the White House in Washington 2/2 By Andrea Shalal WASHINGTON (Reuters) – Dismantling racial inequalities that have plagued the United States since its founding will boost economic growth and create new jobs for everyone, top advisers to President Joe Biden said Tuesday, laying out a central […]
The San Francisco Art Institute on Friday announced that Pam Rorke Levy is stepping down as chairwoman of the board. She will be succeeded by photographer Lonnie Wilson, an SFAI alum. Levy’s departure from the post she has held since 2018 follows a turbulent year that saw the prestigious 150-year-old institution struggle with declining enrollment, […]
© Reuters. By Geoffrey Smith Investing.com — The stock market pauses for breath after an explosive tug of war between retail investors and professional short-sellers. There are earnings galore, including from Microsoft, General Electric , 3M and AMD. President Joe Biden indicates he’s willing to give ground on his stimulus plans, and oil prices regain momentum […]
The Centre Pompidou in Paris, which houses Europe’s largest collection of contemporary art, is to close for renovations in 2023, remaining shuttered until 2027, French culture minister Roselyne Bachelot announced today. The news is not wholly unexpected, as government officials had said back in September that the iconic building, designed by Renzo Piano and Richard […]
© Reuters. FILE PHOTO: A passersby wearing a protective face mask walks in front of a stock quotation board, amid the coronavirus disease (COVID-19) outbreak, in Tokyo By Alwyn Scott NEW YORK (Reuters) – Asian stocks came under pressure on Tuesday as worries about U.S. stimulus and surging coronavirus infections led to a mixed Wall […]
© Reuters. FILE PHOTO: Special Report HONGKONG-SECURITY/CHURCH (Reuters) – China’s President Xi Jinping on Monday called on the world to strengthen macro-economic policy coordination and remove barriers to trade, investment and technological exchanges as he backed multilateralism as the way out of current challenges. Speaking at a virtual meeting of the World Economic Forum, Xi […]
