Ренат Ибрагимов

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The Most Overrated Economic Indicator In The World Is At A 3-Year High

As an economic indicator, the BDI — the daily survey of spot shipping rates— is highly problematic, as it doesn't tell us anything about the broader global economy, other than that what it costs to ship. We've written about this multiple times.<p>The main problem is that it reflects the relationship …

Baltic Exchange

Incredible Underwater Park in Austria

Grner See (Green Lake) is a lake in Styria, Austria known for its shimmering, emerald-green hue and its fluctuating depth throughout the year, at times leaving a park completely submerged in it. Being that the water for the lake is provided mainly by runoff from the surrounding karst mountains, it …


45 Vintage Photos Of Manhattan In The 1940s

His works have been donated to and maintained by Cushman's alma mater Indiana University, which has kindly given us permission to publish his gallery of New York City photos taken in 1941 and 1942.<p>They give a great impression of what Chinatown, the Financial District, and Midtown looked like 70 …

Indiana University

Veeva Systems’ Life Science Cloud IPO Is A Hit, Raising $217M And Closing Up 85%

Veeva Systems, an enterprise cloud provider for life sciences companies like Pfizer, IPO’d on the NYSE this morning, raising around $217 million by upping its share price $20. Veeva saw a pop of 83.5% in initial trading after starting at a value over $2.4 billion. Veeva closed at $37.16, up …

Our top 45 free things to do in New York City

Seeing New York City's biggest attractions can mean spending a hefty chunk of your trip budget on tickets. Empire State Building? $36. The Guggenheim and the Whitney both go for $25. Even the Frick is $22. But there's a lifetime of fun to be had without ever handing over a cent, and not just by …

How Super-Achievers Do What They Do

For their new book <i>The Art of Doing</i>, Camille Sweeney and Josh Gosfield interviewed 36 super-achievers at the tops of their fields. They started seeing patterns emerge. These are the 10 most common practices of the highly successful.

Jimmy Fallon, Miley Cyrus & The Roots Sing "We Can't Stop" (A Cappella)

Obama To Nominate Janet Yellen As New Fed Chief As QE Taper Debate Looms

Amid a political standoff in Washington, President Obama is set to nominate Janet Yellen to replace Ben Bernanke as head of the Federal Reserve, the White House said Tuesday night. Yellen, the current vice chairwoman of the central bank and the front-runner for the top spot after Larry Summers …

IMF cuts global economic growth forecasts for this year and next

Badly handled budget cuts in the United States and a slowdown in activity in big developing countries mean the global economy will expand more slowly than expected this year, the International Monetary Fund has said.<p>Revising down its forecasts for growth in both 2013 and 2014, the fund warned that …

In pictures: Star Wars art

Star Wars

The Most Iconic Banksy Works Of All Time

Earlier this week Banksy revealed he would spend the month of October putting up art around New York City.<p>In honor of his NYC takeover, we're taking a look back at some of his most iconic works.