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☆ Key takeaways from the latest jobs report
▼ + stars: | 2024-03-08 | by ( Alicia Wallace | ) edition.cnn.com time to read: +7 min

“The economy remains strong, held up by a robust labor market,” wrote Christopher Rupkey, chief economist with FwdBonds, in a note Friday. Still, Friday’s jobs report also showed that the whopping gains initially recorded for January and December were revised down by a combined 167,000 jobs. January’s job gains now sit at an estimated 229,000 (down from the blowout 353,000); and December’s job growth at 290,000 (down from 333,000). In February, that included construction (up 23,000 jobs); transportation and warehousing (up 19,700 jobs); and retail (up 18,700 jobs). Friday’s jobs report showed that wage growth is indeed slowing.

Persons: ”, Christopher Rupkey, FwdBonds, “, ” Robert Frick, —, ” Diane Swonk, Swonk, February’s, ” Frick, Julissa Carielo, ” Swonk, Gus Faucher, Lydia Boussour, EY, Boussour, Janet Yellen, CNN’s Kate Bolduan, they’re, ” Yellen, Price, CNN’s Bryan Mena Organizations: New, New York CNN, of Labor Statistics, Navy Federal Credit Union, CNN, KPMG US, Health, Baby Boomers, Transportation Security Administration, DreamOn, Inc, Boomers, Fed, Labor, Federal, PNC Financial Services, “ Fed Locations: New York, San Antonio , Texas, Texas

In a Sunday letter to Fed Chair Powell, shared first with CNN, Warren expressed alarm at how “astronomical” mortgage rates have made a bad situation worse and urged Fed officials to start cutting borrowing costs. “We urge you to consider the effects of your interest rate decisions on the housing market and to reverse the troubling rate hikes that have put affordable housing out of reach for too many,” Warren and fellow Democratic Sens. John Hickenlooper, Jacky Rosen and Sheldon Whitehouse wrote. “Come on, Fed! Turn it around and drop those interest rates,” Warren told CNN’s Kate Bolduan on Monday.

Persons: Sen, Sherrod Brown, Powell, ” Brown, Brown, Elizabeth Warren, Warren, ” Warren, Democratic Sens, John Hickenlooper, Jacky Rosen, Sheldon Whitehouse, “, CNN’s Kate Bolduan, Read Organizations: Banking, Fed, CNN, Democratic

☆ Little food, a beating and lice: What freed Israeli hostages are saying about being held by Hamas
▼ + stars: | 2023-12-01 | by ( Rachel Clarke | ) edition.cnn.com time to read: +11 min

The details below have been compiled from comments by freed hostages to their families, their carers and sometimes to reporters. Under the terms of the deal between Israel and Hamas, most of those released are women, children and foreign workers. Ruth Munder, a released Israeli hostage, walks with an Israeli soldier shortly after her arrival in Israel on November 24. Emily Hand told her father that they always had breakfast and sometimes lunch or an evening meal. Emily Hand said she was not hit and her father said he believed harsh voices were enough to make her do what was wanted.

Persons: –, It’s, Adina Moshe, Eyal Nouri, “, ” Moshe, Nouri, keener, ” Nouri, Yocheved, Emily, Thomas Hand, Hand, “ It’s, ”, Hila Rotem, Raaya Rotem, ” Hand, “ She’d, Hila, bedclothes, Ruth Munder, Eitan Yahalomi, Deborah Cohen, Omer Lubaton Granot, ” Granot, Lifshitz, Grandmother Ruth Munder, Israel’s vise, ” Munder, ” Adina Moshe, Emily Hand, she’s, Uthai Saengnuan, Eitan, Yair Rotem, it’s, Yar Rotem, ” Chumpron Jirachart, Manee Jirachart, I’ve, Elma Avraham, Hagai Levine, ” Eitan Yahalomi, Efrat Bron, Harlev, ” Bron, ” Israel, CNN’s Rachel Clarke, Joseph Ataman, Wolf Blitzer, Kate Bolduan, Bianna Golodryga, Jessie Gretener, Poppy Harlow, Jacqueline Howard, Lauren Izso, Ed Lavandera, Phil Mattingly, Kocha OIarn, Clarissa Ward Organizations: CNN, Rotem, United Nations ’ Office, Humanitarian Affairs, BFMTV, Israel’s, UN, Sourasky Medical, Israeli Defense Forces, Schneider Children’s Medical Center of Israel Locations: Israel, Palestinian, Gaza, Tel Aviv, Atlanta

☆ CNN is axing Laura Coates' 11 p.m. anchor slot to save on costs, according to sources, and insiders are concerned about on-air representation
▼ + stars: | 2023-04-18 | by ( Claire Atkinson | ) www.businessinsider.com time to read: +6 min

CNN is still shifting its late night lineup, and Laura Coates will no longer anchor solo at 11 p.m.Coates is said to be "stunned" and "disappointed" by losing the opportunity. On paper, Coates would seem like the ideal figure to fill the network's 11 p.m. slot, particularly as CNN already shared a press release about her appointment to the role in January. CNN and news industry insiders who commented for this story spoke on the condition of anonymity because they're not authorized to speak to the press. "They pulled her off to save money," said one person familiar with internal conversations at CNN. The network's only Black solo anchors now are Abby Phillip, who helms the high-profile "Inside Politics Sunday," and Fredricka Whitfield, who also hosts a weekend show.

☆ Elizabeth Warren demands Fed crackdown on large regional banks
▼ + stars: | 2023-03-22 | by ( Matt Egan | ) edition.cnn.com time to read: +5 min

New York CNN —Senator Elizabeth Warren is cranking up the pressure on the Federal Reserve following the collapse of Silicon Valley Bank. Both Silicon Valley Bank and Signature Bank fit into that asset threshold when they failed earlier this month. The bipartisan 2018 rollback of Dodd-Frank freed large regional banks in that range of assets from the toughest oversight. Notably, the letter was signed by Senator Angus King, the Maine independent who voted in favor of the 2018 rollback. Days after the bank failures, the Federal Reserve launched a review of the regulation and oversight of Silicon Valley Bank.

☆ CNN announces revamped daytime lineup with new show format
▼ + stars: | 2023-01-11 | by ( Oliver Darcy | ) edition.cnn.com time to read: +3 min

New York CNN —CNN on Wednesday announced a revamped dayside programming lineup that the network said will employ a new format for shows to deliver the news to viewers. Instead, the spokesperson explained, they will be moving around and utilizing the full square footage of the network’s various studios. As a result of the programming changes, “CNN Newsroom” anchors Victor Blackwell and Alisyn Camerota will transition to new roles. CNN didn’t say specifically when the new schedule will go into effect, but the network said it will happen sometime in the coming months. The CNN chief, however, is still searching for a 9 p.m. host since anchor Chris Cuomo was fired in 2021.

The councilman has defied demands for his resignation and attended last week’s meeting, amid vociferous protests, “to get back to work,” he told CNN’s Kate Bolduan before the meeting. Calls for de León’s resignation have continued since October, when audio of a year-old conversation between de Léon and fellow council members was posted anonymously on Reddit and obtained by the Los Angeles Times. Much of the conversation focused on maps proposed by the city’s redistricting commission and the council members’ frustration with them, but it also featured racist remarks about a fellow council member’s Black son and about Oaxacans. “I shouldn’t have said what I said,” de León told CNN on Tuesday, clarifying his remarks comparing White colleague Mike Bonin’s Black child to a designer handbag. De León pointed to his body of work, including his work on environmental issues and advocacy on behalf of undocumented immigrants.

☆ Paul Whelan tells CNN he is 'disappointed' that more has not been done to secure his release
▼ + stars: | 2022-12-08 | by ( Jennifer Hansler | ) edition.cnn.com time to read: +9 min

Washington CNN —Detained American Paul Whelan expressed his frustration that more has not been done to secure his release in an exclusive CNN interview hours after another detained American, Brittney Griner, was freed. It was a choice between bringing home one particular American – Brittney Griner – or bringing home none,” a US senior administration official said Thursday morning. Elizabeth Whelan said she believes the Russians wanted to deny Biden a win by releasing both of the American wrongful detainees. Elizabeth Whelan also told CNN that she does not believe her brother knows the extent of the efforts to free him, noting the family has to be careful what they tell him because they assume the Russian authorities are listening. Asked if he thought he would face repercussions for speaking to CNN, Whelan said he didn’t think so.

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