State of the World from NPR - On the Ground in Gaza as Israel Launches a New Offensive
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It was supposed to be the highlight of New York’s spring auction week: Sculptor Alberto Giacometti’s masterpiece “Large Thin Head” was this year’s most hotly anticipated piece up for sale. But when the bidding opened, collectors went silent. WSJ’s Kelly Crow explains what this unexpected auction week bust reveals about today’s art market. Annie Minoff hosts.
Further Listening:
- The $6 Million Banana's Appeal
- Is This Painting a Masterpiece? AI Is On the Case
- The Basquiat Sisters on Managing One of Art's Hottest Brands
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Downgrades sound scary, but the U.S. is still the best place for investors to put money to work.
(00:21) Asit Sharma and Dylan Lewis discuss:
- Moody’s downgrading U.S. debt, and why it’s somewhere between a symbolic and substantial update for investors.
- Whether the downgrade and “Sell America” thinking means international investors are rethinking “there is no alternative” (TINA) to the U.S.
- Coinbase joining the S&P 500, and crypto’s continued march towards legitimacy.
(16:16) Restaurant industry expert and Principal at Technomic David Henkes joins Ricky Mulvey to talk through why more consumers are brown-bagging it for lunch, and what successful restaurants are getting right.
Companies discussed: WMT, COIN
Host: Dylan Lewis
Guests: Asit Sharma, David Henkes, Ricky Mulvey
Engineers: Dan Boyd
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Walmart had said it would raise prices in response to tariffs. Then, it got a call from the White House. Now, the retailer says it will swallow some of the costs. This has us wondering: where have all the free market diehards gone? Plus, Kimberly reflects on the tornadoes that hit her hometown of St. Louis, Missouri and explains FEMA’s plan to shift disaster costs to the states. Also? Did the GOP really name their reconciliation bill the “One Big Beautiful Bill?”
Here’s everything we talked about today:
It’s the final matching opportunity of our May Fundraiser! Double your impact when you give right now: https://support.marketplace.org/smart-sn
By Mary Ruefle
Host Christine Lee breaks down the latest news in the crypto industry as Moody’s downgraded its U.S. credit rating.
Bitcoin spiked above $106K Sunday after Moody’s downgraded its U.S. credit rating. Plus, El Salvador’s bitcoin gains continue to climb. CoinDesk’s Christine Lee hosts “Chart of the Day.”
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This episode was hosted by Christine Lee. “CoinDesk Daily” is produced by Christine Lee and edited by Victor Chen.
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