Friday's Fast Five: Week of 7.14
Frank Lloyd Wright Built 120 Homes Near the End of His Life. Just One Original Owner Remains. (The Wall Street Journal): “After me, there won’t be any others,” says Roland Reisley, absorbing what it means to be the last original occupant of a Frank Lloyd Wright house.
S&P 500, Nasdaq close at highest levels since April 2022, buoyed by cooler-than-expected inflation report (CNBC): Stocks rose Wednesday after new data raised hope that the Federal Reserve can bring down inflation without pushing the U.S. economy into a recession. The S&P 500 reached a new high for 2023.
Threads Review: How Meta’s New App Stacks Up Against Twitter (The New York Times): The arrival of Threads, which was spun out of Instagram and is aimed as a prime place for public, real-time conversations, shakes up that scene. While the new app could end up a fad, it could also be a potent threat to Twitter, which has retained its crown as a hub of conversation for more than a decade.
Josh Younger on the Surprising Origins of Eurodollars and Petrodollars (Odd Lots - Podcast): De-dollarization is all the rage right now, with lots of talk about whether the US currency will be able to maintain its dominant status in the global financial system. But regardless of what happens in the future, it's worth asking how we got to this point originally.
Apple just released a preview of its next big iPhone update. Here’s what’s new (CNBC): In June, Apple announced iOS 17, the latest version of the iPhone operating system. Now, it’s available in a public beta form and it’s free for iPhone owners to try. In the fall, alongside new iPhones, Apple will officially release the software to everyone with a compatible iPhone.