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Just ask Ross Stores: America’s largest off-price retailer reported earnings and revenue that beat analysts’ forecasts last week. The US Labor Department releases April figures on job openings, quits, hires and layoffs. The US Commerce Department releases April figures on new orders for manufactured goods. The US Commerce Department releases April data on exports and imports. Friday: The US Labor Department releases May data gauging the state of the job market, including monthly payroll growth, wage gains and the unemployment rate.
Persons: Ross, , ” Adam Orvos, ” TJX, TJ Maxx, LVMH Moët Hennessy Louis Vuitton, ” Clayton Allison, Allison, ” Allison, Brown Forman, Campbell Organizations: CNN Business, Bell, Washington CNN, Companies, Ross Stores, Marshalls, Burberry, Prime Capital Investment Advisors, CNN, Walmart, P Global, Institute for Supply Management, CrowdStrike, Hewlett Packard Enterprise, Body, US Labor Department, US Commerce Department, Bank of Canada, Autodesk, Smucker, DocuSign, Vail Resorts, European Central Bank Locations: Washington, North America, Europe, Australia, Americas, Zumiez
The decision to blow open five tank cars and burn the toxic chemical inside them after a freight train derailed in Eastern Ohio last year wasn't justified, the head of the National Transportation Safety Board told Congress Wednesday. “There was another option: let it cool down.”However, that information was never relayed to Ohio Gov. But the agency won't release its final report on what caused the Feb. 3, 2023, derailment until it holds another hearing this June. "The successful controlled release prevented a potentially catastrophic uncontrolled explosion.”Krissy Ferguson, 49, has not been able to return home since the derailment. The NTSB has said that it appears an overheating bearing on one of the railcars caused the derailment.
Persons: wasn't, Jennifer Homendy, ” Homendy, Mike DeWine, Dan Tierney, ” Tierney, “ Nobody, Keith Drabick, Homendy, Oxy, Drew McCarty, Republican Sen, JD Vance, Drabick, , Vance, Norfolk, ” Krissy Ferguson, ” Misti Allison, ” Allison, , Alan Shaw, Patrick Orsagos Organizations: National Transportation Safety, Norfolk Southern, , Ohio Gov, Palestine Fire, Professional Services, Republican, NTSB, Associated Press Locations: Eastern Ohio, East Palestine , Ohio, East Palestine, Columbus , Ohio
The American Dream is under siege
  + stars: | 2024-03-02 | by ( Matt Egan | ) edition.cnn.com   time to read: +15 min
Parents of young children are making difficult choices to afford child care — or they’re opting to evade it by dropping out of the workforce altogether. Even as the inflation rate has cooled across the US economy, child care remains a sore spot for many families. The weekly price of day care for a toddler surged 9% in 2023, according to Care.com, a marketplace for child care. Of course, Allison is hardly alone in feeling like the American Dream has been more difficult — and expensive — to attain than imagined. “The American dream is being taken away from the younger generation by the housing affordability challenges,” said Lawrence Yun, chief economist at the National Association of Realtors.
Persons: Hana Husković, Price, Hana, Michelle, they'll, ” Hana, , It’s, they’ll, ’ Allison Powell, Liam Kelly, ” Allison, Allison Powell, Corinne ., , Allison, I’ll, homebuyers, Lotfi Karoui, Goldman Sachs, Lawrence Yun, Yun, Priscilla Almodovar, Fannie Mae, ” Almodovar, that’s, Almodovar, they’d, Homebuilding, Mark Zandi, Biden, ” Lael Brainard, Brainard, ” Brainard, , Rachael Gambino, Garrett Mazzeo, Rachael, Deborah Brunswick, John General, ” Rachael, won’t, they’ve, Organizations: New, New York CNN, Bureau of Labor Statistics, Wall, CNN, Federal, Intercontinental Exchange, ICE, Bloomberg, Getty, Rust Belt, National Association of Realtors, North, NAR, That’s, Baby Boomers, Homeowners, Federal Reserve, Moody’s Analytics, White, National Economic Council, American, Target, Starbucks, Facebook Locations: New York, United States, Atlanta, Peachtree Corners , Georgia, Decatur, Decatur , Georgia, Carolina, Yugoslavia, Italy, Mexico, Oakland , California, Livermore, San Francisco, California, Los Angeles, San Diego, Francisco, Miami, Honolulu, Rust, Des Moines , Iowa, Dayton , Ohio, Cleveland , Ohio, Scranton , Pennsylvania, Los Angeles , California, North America, America, States, Lansdale , Pennsylvania, Philadelphia
New York CNN —YouTube is implementing new safeguards that could help prevent the platform from sending teen users down potentially harmful content rabbit holes. The platform plans to limit repeated content recommendations for videos on certain topics, including content that idealizes certain body weights, James Beser, director of product management for YouTube Kids and Youth, said in a blog post Thursday. In 2021, lawmakers called out Instagram and YouTube for promoting accounts featuring content depicting extreme weight loss and dieting to young users. Earlier this year, YouTube rolled out changes to its policies on eating disorder content, adding prohibitions on certain types of videos on the topic and limiting others to be viewable by only adult users. The reminders will be set to pop up every hour as a default for teen users, although parents can update their frequency.
Persons: James Beser, ” Beser, ” Allison Briscoe, Smith, , YouTube’s, Organizations: New, New York CNN, YouTube, Families Locations: New York, United States
CNN —Britain’s health agency is warning the public not to buy pre-filled pens claiming to contain the weight loss drugs Ozempic and Saxenda without a prescription, after a small number of people were hospitalized. Ozempic is used to treat adults with type 2 diabetes, and is used off-label for weight loss. More than 350 potentially fake Ozempic pens have been seized since January of this year, according to the MHRA. The agency has also received reports that patients have obtained fake Saxenda pens in the UK through “through non-legitimate routes.”No fake weight-loss pens were seized before January 2023, the agency says. The maker of both drugs, Novo Nordisk, told CNN Thursday that it is aware that counterfeit pens are being circulated.
Persons: Ozempic, ” Allison Schneider, Dr, Sanjay Gupta, Alison Cave, ” Ozempic, , Meg Tirrell Organizations: CNN, Medicines, Healthcare, Agency, Novo Nordisk, , “ Novo Nordisk, General Pharmaceutical Council, Get CNN, CNN Health, European Medicines Agency, European Union Locations: Ozempic, “ Novo, Novo, Germany, Europe
The answer is: The last battle of America’s war of independence was fought on this continent. DuVal and others say two key protagonists of the Revolutionary War – Britain and France – actually fought the final battle of the conflict in Cuddalore, India, in June of 1783. Britain and, to a lesser extent, France were well established with colonies in India when the American Revolution began and had already brought their hostilities from Europe to the subcontinent, according to the Museum of the American Revolution in Philadelphia. “They brought news that six months before in Paris, the British, French and the Americans – the Dutch were a little later – signed the Treaty of Paris ending the American Revolution,” he says. “Cuddalore, India, was indeed the last battle of the American Revolution.”
Persons: you’ve, Kathleen DuVal, , ” DuVal, DuVal, France –, , Don Glickstein, Frederick the Great, Prussia, Maximilian Ulysses Count Browne, Prince Charles of Lorraine, it’s, Glickstein, ” Glickstein, David Allison, ” Allison, Generals Rochambeau, Marquis de Lafayette, Organizations: CNN, University of North, British, US, Department, State Department’s Office, Austrian, Hulton, National Park Service, National Museum of, Smithsonian, Yorktown, Washington, Getty, Brits, American Revolution, Museum, American, British East India Company, Britain Locations: North America, Asia, University of North Carolina, United States, Massachusetts, Virginia, Britain, France, Cuddalore, India, British, Spain, Netherlands, American, Seattle, Yorktown, Quebec, Abraham, North Carolina, Pacific, Portugal, Canada, Prague, Yorktown , Virginia, , Dutch Republic, Washington, Paris, Jamaica, Gibraltar, Europe, Philadelphia, Bengal
Ketchup inflation hits your weekend barbecue
  + stars: | 2023-05-27 | by ( Danielle Wiener-Bronner | ) edition.cnn.com   time to read: +4 min
New York CNN —Planning on squirting some ketchup on your hot dog at a barbecue this weekend? Though shoppers have been starting to see some relief in the grocery aisle, food inflation has been consistently outpacing overall inflation. Ketchup prices are piling up. Stefani Reynolds/AFP/Getty ImagesIn the year through April, grocery prices jumped 7.1%, according to the most recent data from the Bureau of Labor Statistics’ Consumer Price Index. NIQ’s own data shows that in the week through April 30, ketchup prices were up about 14% year-over-year.
But add a candidate representing the Bernie Sanders wing of the party, Ro Khanna, and a living legend who got her start with the Black Panthers and would become the only Black woman in the Senate, Barbara Lee — now you're talking about a California Senate race for the ages. Reaching voters isn’t easy in California, with a population approaching 40 million and a land mass bigger than that of many countries. But the race will affect the future of the Democratic Party, both in California and beyond. “An appointment would be a way to make sure that this country has the essential voice of a Black woman,” Allison said. And I don’t see and I don’t understand why it isn’t happening.”Meanwhile, as Lee watches Feinstein, Bernieworld is watching Lee.
Change Research conducted the online survey of 715 adult Black women voters who were recruited via web and text message. The majority of Black women who responded felt they are “under-represented,” or that “more representation” is needed. Black women represent 53% of Black eligible voters, slightly higher than all eligible voters (51%) in the country. Many gave mixed answers, expressing both excitement and optimism about the advances Black women have made and their power, as well as frustration about the state of the country and how Black women are treated. There are currently no Black women in the Senate after former California Sen. Kamala Harris won the vice presidency.
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