Young Americans Are Getting Left Behind by Rising Home Prices Higher Stocks
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The collapse of the American Youth Symphony: Behind the closure of a beloved L.A. institution
When the American Youth Symphony abruptly shut down, it left a void for young talent aspiring for a career in music.Los Angeles Times - Entertainment -
Oil prices end higher after dipping to eight-week lows as U.S. crude supplies fall
Oil futures settled higher on Wednesday, finding support after a brief dip to their lowest levels in about eight weeks, as U.S. government data showed an unexpected weekly decline in domestic crude inventories.MarketWatch - Business -
New York Times stock gains as adjusted profit rises by 41%
Digital subscriptions rise by 210,000 in a ’strong start’ for the year.MarketWatch - Business - New York -
Nikkei Falls, Weighed by Semiconductor-, Electronics-Related Names
The Nikkei fell 0.3%, reversing earlier gains, weighed down by losses among semiconductor- and electronics-related stocks.The Wall Street Journal - World -
54% of young Americans say food costs are the biggest strain on their finances
Over half of young Americans say that rising food prices are the most noticeable effect of inflation.CNBC - Business -
Robinhood’s stock rises 4% as company swings to profit, drums up more business
Robinhood says it snapped up business from brokerage rivals and made inroads among gold investors.MarketWatch - Business -
President Biden must get serious about China’s South American ambitions
I know there is bipartisan leadership in Congress who stand ready to revive trade and increase U.S. engagement in the Western Hemisphere to ensure regional peace and stability.The Hill - Politics - Joe Biden -
Home builders’ stocks have soared since we said they were cheap. These five are expected to grow profits rapidly through 2025.
Demand for new homes has been strong, despite high mortgage-loan rates.MarketWatch - Business -
Civic Orchestra of Los Angeles: A new home for young talent pursuing a career in music
After the shocking closure of American Youth Symphony, the new CO-LA aims to fill a void in the city for young talent seeking a career in music.Los Angeles Times - Entertainment -
U.S. crude oil recovers losses after surprise stockpile decline
Oil prices have fallen 8% since April highs, but Morgan Stanley sees a tighter market heading into summer driving season.CNBC - Business