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Share to Twitter Share to Linkedin Jarnell Stokes was recruited early on in his basketball career to follow in the footsteps of some of the NBA’s greatest players. After a career altering injury in 2018, he had to pivot – embracing his Memphis roots and a deep mindfulness. Stokes is now a successful crypto investor, entrepreneur, published author, and movie producer. And he’s just getting started. Brendan Doherty: Let’s start early - how did growing up in Memphis in the ‘90s shape who you are today? Jarnell Stokes: Memphis is an extremely authentic place when it comes to diversity, it’s a booming place. I call it the new Harlem. Much like Harlem in the 1920s, Memphis is seeing many African American artists and creatives rising up. I feel that heritage is engraved in me and has made me a tough-minded individual. The thing that stands out in my mind is the music - hearing the trombones and the tubas, the flutes, the drum line filling. That's what I … [Read more...] about Icon: NBA Pro Turns Injury Into Wins Across Crypto, Hollywood, & Mindfulness

Share to Twitter Share to Linkedin ExxonMobil (XOM) broke out above its 50-day simple moving average as 2022 began. This happened after the stock was below its 200-day simple moving average on December 20, 2021. The December low was $57.96, and the rally high was $105.57 on June 8, 2022. Nymex Crude Oil traded as low as $62.43 per barrel on December 2, 2021 and as high as $130.50 on March 7, 2020. It’s been in a trading range since then with the low end at $93.53 set on March 15, 2022. Oil has been trading around its 50-day SMA since April 1 with the average now at $110.23. Exxon’s 50-day SMA is $91.40 with Tuesday’s close at $91.50. Exxon has a p/e ratio of 13.09% with a dividend yield on 3.95%, according to Macrotrends. As on June 27 the dividend payout was $3.52. The oil giant had beaten earnings-per-share estimates in six consecutive quarters but missed slightly when they reported before the open on April 29. The Daily Chart for ExxonMobil … [Read more...] about ExxonMobil Is Holding Gains As Crude Oil Rallies. Here’s How To Trade The Stock.

The Associated Press MADRID (AP) — The Latest on the NATO summit in Madrid: ___ Italian Premier Mario Draghi says plans for an increased U.S. military presence in Europe don’t amount to a military escalation within NATO. Draghi says the increase announced Wednesday by the White House would amount to just 70 additional U.S. troops on Italian soil and an air defense system that had already been planned. But he added at the NATO summit in Madrid: “You have to be ready.” Draghi said overall Italy is committing 10,000 troops to NATO. That includes 2,000 divided among the Italian command of NATO in Bulgaria, its presence in Romania and staffing of air patrols over the Baltics. Another 8,000 are on standby in Italy “if eventually necessary.” ___ — Turkey lifts objections to Sweden, Finland joining NATO ahead of alliance summit — Biden, NATO to beef up force posture amid Russian aggression — Macron says Russia can’t win in Ukraine — The AP Interview: Spanish PM … [Read more...] about Live updates | Italy sees no NATO military escalation

As recently as 2015, there were more artists living in New York City than ever before (about 55,000). But from January 2021 to January 2022, rents surged 33%, pushing artists farther and farther out of the city’s creative neighborhoods. advertisement advertisement Then came Silver Art Project. Founded in 2018, the nonprofit runs an art residency on the 28th floor of 4 World Trade Center . Like other organizations with similar goals, Silver Art’s mission is to support artists who are being priced out of the city. Silver Art provides free studios and mentorship to a select cohort of artists; to date, more than 50—ranging from painters and visual artists to photographers and sculptors—have participated. This month marks the end of the second residency, which included 25 artists. While Silver Art is in the process of reviewing more than 1,200 applications for its upcoming cohort, I spoke with four artists who just spent a year working at 4 WTC. Most … [Read more...] about ‘You’re on top of the world’: Inside 4 artists’ studios on the 28th floor of the World Trade Center

The rise of remote work has drastically changed the relationship between companies and their employees. advertisement advertisement What began two years ago as a sudden shift to a work-from-home model has changed collaboration, coordination, and communication permanently. As companies work to find the right balance between flexible work and optimum productivity, the “hybrid” work model is being codified in company policies. The stakes are high: The terms of the new hybrid work contract have a direct bearing on companies’ ability to keep employees happy, and to attract new ones. According to a recent Gallup survey , nearly 60% of employees who can work from home would prefer a hybrid work schedule going forward. At the same time, roughly 60% said they want more structure from their employers when it comes to deciding hybrid work schedules. Less clear for employers, though, is how frequently employees might come into the office. Every company … [Read more...] about What the future of hybrid work will (and won’t) look like, according to 27 business leaders

One of the reasons I'm so passionate about entrepreneurship is that it allows anyone to chart their own destiny. If you have a good idea and the willingness to pursue it, you're on your way to supporting yourself and adding value to our economy. Which is why, as my company gathered stories from LGBTQ+ entrepreneurs for Pride Month, I was happy to hear that the spirit of self-determination is alive and well. "Ever since I was a child, I've always wanted to be my own boss," says RJ Silver, owner of Sad Boy Designs. "The only thing that ever struck my interest was art, and I wanted to find the best way to display my talents. Today, I'm a graphic designer, and I create multiple things ranging from small keychains to large car decals." We need more, not less, of stories like this. That's one reason Hello Alice regularly surveys the more than 800,000 small business owners on our platform to understand their quantitative and qualitative experiences and advance targeted … [Read more...] about 4 Challenges–and Triumphs–of LGBTQ+ Entrepreneurs in 2022

Every year, top financial firms attract thousands of applicants for internship roles. In early 2022, Goldman Sachs reported 236,000 intern applications, a record for the company. With an acceptance rate of just 1.5%, the company accepted 2,900 globally in 2021. For those pursuing a career in finance, an internship at the top banking and investment firms is highly competitive given the opportunity to break into a high-paying field. While interns at top firms can earn over $80,000 on a prorated basis over a 10-week period, landing a job as a full-time junior banker can pay up to $150,000 in the first year. Key Takeaways The most prestigious finance internships attract thousands of applicants annually. Many have low acceptance rates, with some hovering close to 1%. Duties performed across finance internships include financial modeling, research, and company analysis. They may also include mentorship opportunities and networking events. While some finance internships … [Read more...] about Most Prestigious Finance Internships

Stock Market Today: The Indian market ended lower after a volatile session on June 29, a day ahead of the monthly expiry with investors also nervous about monthly auto numbers and PMI data to be released later in the week. At close, the 30-pack Sensex lost 0.25 percent, or 134.31 points, to end the day at 53,027, while the broad-based Nifty ended lower by 32.95 points, or 0.21 percent, at 15,799. “Consumer confidence is declining rapidly due to the uncontrolled and constant rise in inflation as India had to bear the double whammy effect of a dampening global equity market and rising crude prices as major suppliers like Saudi are unable to boost the output in the short-term”, said Vinod Nair, Head of Research at Geojit Financial Services. The domestic market, however, was able to recover most of the losses due to a strong movement in index heavyweights, PSUs, metals and oil & gas stocks before squandering some of the gains at the end of the day due to a volatile global … [Read more...] about Taking Stock | Market ends lower in choppy session ahead of expiry, auto and PMI data

Share to Twitter Share to Linkedin It's almost impossible to read anything about the financial markets these days without reading how inflation is weighing on the global economy and markets. The skyrocketing inflation has made it more important than ever to invest with macro conditions in mind. Some may consider Stan Druckenmiller to be one of the greatest macro investors of all time. At the Sohn Investment Conference last week, Stan Druckenmiller of Duquesne Family Office shared the strategy he once used to outperform others significantly during rampant inflation. He also talked about what he's doing now to deal with the current inflationary period. The stock market as a signal for economic conditions Historically, Druckenmiller has often used stock market conditions as signals for what's about to happen in the economy. He explained that he doesn't use the types of signals traditional economists use to predict the economy, like employment, macro … [Read more...] about Here’s How Stan Druckenmiller’s Strategy For Investing In Bear Markets Has Changed

Share to Twitter Share to Linkedin Thanks to the selloff, it’s possible to buy closed-end funds (CEFs) at such high yields that we can do what seemed unthinkable just a few months ago: build a CEF portfolio that will pay $5,000 a month in dividends on about $540k invested. That’s an 11.1% average yield! This, of course, is because many CEFs have been caught up in the selloff, and yields move inversely to prices. So a fund that may have yielded, say, 7% six months ago (which is about the long-term CEF average) is suddenly yielding a lot more now. In addition, it’s possible to build an income stream this big with just three CEFs. The three funds we’ll examine below also come together to form a well-diversified portfolio, with stocks and bonds from hundreds of companies. The beauty of CEFs is that you can buy them through any brokerage account, just like stocks, during normal market hours. Their dividends will then reliably drop into your … [Read more...] about This 3-Fund Portfolio Pays $5,000 Every Month