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☆ Japan and the UK are in recessions. Is the US next?
▼ + stars: | 2024-02-16 | by ( Elisabeth Buchwald | ) edition.cnn.com time to read: +4 min

New York CNN —And just like that, two of the world’s largest economies are in technical recessions. On Thursday, Japan and the UK both reported their second consecutive negative quarters of gross domestic product, fitting the widely agreed-upon definition of a recession. In 2022, the nation’s population declined by 800,000, marking the 14th consecutive year of contraction. In the UK, however, population and wage growth weren’t sufficient to stave off a drop in consumer spending, one of the main drivers of that economy. In the past two quarters, the nation’s economy experienced much higher than expected GDP growth, due in large part to robust consumer spending.

Persons: Paul Donovan, ” Donovan, Kazuhiro Nogi, ”, didn’t, Jerome Powell, “, it’s, there’s, Powell, Philipp Carlsson, doesn’t, “ it’s, Carlsson Organizations: New, New York CNN, UBS Global Wealth Management, Getty, National Bureau of Economic Research, don’t, US Federal Reserve, Boston Consulting Locations: New York, Japan, Germany, AFP, Ukraine

I like to look at it as ambitious, but we want to be the world’s team," Donovan said. 2 in “revenue generated from the international markets,” Donovan said. The Chiefs have played two other regular-season international games, winning in Mexico City in 2019 and in London four years earlier. The late Lamar Hunt was an early proponent of going international. As for becoming the world's team, Donovan acknowledges it won't be easy.

Persons: — Patrick Mahomes, “, Mahomes, Travis Kelce, Taylor Swift, Mark Donovan, it’s, Donovan, ”, ” Donovan, Tom Brady, “ It’s, Lamar Hunt, Clark Hunt, ___ Organizations: NFL, Kansas City Chiefs, Chiefs, Miami Dolphins, Deutsche Bank, ” Chiefs, Mexico, Chiefs Kingdom, Tampa Bay Buccaneers, . Kansas City, New England Patriots, Indianapolis Colts, Frankfurt, Los Angeles Rams, Olympic, Media Locations: FRANKFURT, Germany, Frankfurt, Austria, Switzerland, Mexico, Spain, Brazil, Mexico City, London, Kansas, U.S, Munich, . Kansas, Japan, West Berlin

But that outburst of direct democracy has been limited to just half the states. About 167 million people live in 25 other states where such direct democracy is not currently an option. The number of ballot measures seeking to restrict the initiative and referendum process dipped in 2016 and has since risen. Measures seeking to restrict direct democracy peaked from 1995 to 2004 but significantly outpaced those seeking to expand direct democracy throughout the entire period of 1960 through 2022. Californians have considered 391 ballot initiatives — approving 137 of them — following campaigns that in recent years have cost tens of millions of dollars.

Persons: ”, John Matsusaka, Daniel Smith, Todd Donovan, that's, it's, Matsusaka, Michael Smith, ” Donovan, It's, it’s, ” Matsusaka Organizations: Initiative, University of Southern, South, University of Florida, Western Washington University, REPUBLICAN PUSHBACK Republican, Republican, Democratic, BIG, Oregon, Voters, Emporia State University, Referendum Locations: Maine, Ohio, University of Southern California, South Dakota, Mississippi, Alaska, Wyoming, Illinois, Florida, Arizona , Arkansas , Ohio, Arizona, Oregon, California, Kansas

SAN FRANCISCO (AP) — Vice President Kamala Harris and Senate Majority Leader Chuck Schumer will be among those delivering remarks at Thursday’s memorial for the late U.S. Sen. Dianne Feinstein on the steps of San Francisco City Hall, where she served as the city’s first female mayor. She wasn’t afraid to go after what she wanted,” said Lawanda Carter, 48, of San Francisco. Former U.S. House Speaker Nancy Pelosi, also of San Francisco, and Mayor London Breed were among the officials who paid their respects. Gavin Newsom, himself a former San Francisco mayor, and former California Gov. She steered San Francisco through the HIV and AIDS crisis, bringing attention to an epidemic ignored by President Ronald Reagan.

Persons: Kamala Harris, Chuck Schumer, Sen, Dianne Feinstein, Feinstein, ”, Lawanda Carter, ” Carter, Feinstein’s, Nancy Pelosi, Adam Russell, Joe Biden, Pelosi, Feinstein's, Eileen Mariano, Gavin Newsom, Jerry Brown, Barbara Boxer, ” Feinstein, George Moscone, Harvey Milk, Georgia Otterson, Feinstein wasn’t, “, Joan Baez, ” Otterson, Ronald Reagan, —, Newsom —, Breed, ” Breed, Dorothy Hudson, Cari Donovan, ” Donovan, “ I’m, Randy Herschaft, Christopher Weber Organizations: FRANCISCO, —, San, San Francisco City Hall, City Hall, Former U.S, Mayor London Breed, D.C, San Francisco, California Gov, U.S, U.S . Senate, Supervisors, Democratic National Convention Locations: U.S, San Francisco, Washington, San, Georgia, Castro District, Francisco, ” San Francisco, New York, Los Angeles

NEW YORK (AP) — A comprehensive new biography of the Rev. Martin Luther King Jr, a memoir on family by the prize-winning novelist Viet Thanh Nguyen and an exploration of the crack epidemic of the 1980s and 1990s are among 10 books on the nonfiction longlist of the National Book Awards. The National Book Foundation, which presents the awards, also released its poetry longlist Thursday, a day after announcing 10 nominees each in the categories of young people's literature and books in translation. Judges will next month reduce each list to five finalists, with the winners to be announced during a Manhattan dinner ceremony on Nov. 15. Political Cartoons View All 1160 ImagesOthers on the poetry longlist are John Lee Clark's “How to Communicate,” Oliver de la Paz's “The Diaspora Sonnets,” Annelyse Gelman's “Vexations,” José Olivarez's “Promises of Gold,” Brandon Som's “Tripas,” Charif Shanahan's “Trace Evidence” and Evie Shockley's “suddenly we.”

Persons: Martin Luther King Jr, Viet Thanh Nguyen, Jonathan Eig's “, Nguyen's, ” Donovan X, Ned Blackhawk's “, Prudence Peiffer's, Cristina Rivera Garza's “ Liliana’s, ” Christina Sharpe's, ”, Shehadeh's, ” John Vaillant's, Williams, Monica Youn, Paisley Rekdal, Craig Santos Perez, John Lee Clark's, ” Oliver de la, ” Brandon Som's “, Evie Shockley's “ Organizations: Book Foundation, Native Peoples, New York, Justice, “ Locations: Manhattan, America, ” Utah

☆ Wall Street investment firms are thirsty for the West's vanishing water
▼ + stars: | 2023-03-22 | by ( Lucy Kafanov | ) edition.cnn.com time to read: +10 min

And it comes at a time when Arizona’s allocation of Colorado River water is being slashed amid a decadeslong megadrought. “In the face of record shortages on the Colorado River, we have voluntarily answered urgent and repeated calls to conserve water. Water Asset Management owns at least 3,000 acres in Western Colorado’s Grand Valley, where Mueller works to protect Colorado’s share of the river. “Water Asset Management has engaged in a number of different purchase methods to keep their transactions unknown to many of the local jurisdictions,” Mueller said. The Colorado River in Eagle County, Colorado.

The debate comes less than two months after Twitter restored Trump’s account, but Meta’s intention to reevaluate the decision predates Twitter’s reversal. “I can’t think of what that rigorous standard would be that would make this policy be applied fairly, not just to former President Trump, but to any politician.”Is Trump bound to Truth Social? A phone screen displays the Truth Social app in Washington, DC, on February 21, 2022. Trump now has his own rival social media platform, Truth Social, which he launched in February. Despite his desire for a bigger megaphone and aides encouraging him to rejoin Twitter, Trump has said he is committed to Truth Social.

☆ Influencers debate leaving Twitter, but where would they go?
▼ + stars: | 2022-11-06 | by ( The Associated Press | ) www.nbcnews.com time to read: +7 min

PHILADELPHIA — Pariss Chandler built a community for Black tech workers on Twitter that eventually became the foundation for her own recruitment company. I have lost hope in that,” said Chandler, 31, founder of Black Tech Pipeline, a jobs board and recruitment website. She now has more than 60,000 followers and her own company connecting Black tech workers with companies large and small. “This is the exact reason that Musk bought Twitter and didn’t just build his own social network,” Donovan said. “I’m personally going to stay on Twitter until there is really not a reason to stay anymore.

☆ Premarket stocks: Jerome Powell is heading into the 'danger zone'
▼ + stars: | 2022-09-22 | by ( Julia Horowitz | ) edition.cnn.com time to read: +7 min

“We feel the economy is very strong and will be able to withstand tighter monetary policy,” Powell said in March. Breaking it down: The central bank didn’t go as hard as some investors thought it might. Yet tucked into the central bank’s projections were signs that it plans to stay tough, even if it means pushing the economy into rocky territory. The Fed’s main interest rate is now set between 3% and 3.25%. Plus, many factors pushing up inflation numbers — such as the war in Ukraine and drought conditions — are outside the central bank’s control.

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