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Furniture and other manufactured goods, especially machinery like farm equipment, vehicles and auto parts, could also be disrupted, the lobbying group said. “There’s no reason for people to go out and do like we did during Covid and hoard,” Ellen said. There’s no reason for people to go out and do like we did during Covid and hoard. “There’s no reason to panic,” he said, adding that many companies and freight operators have spent months preparing for the strike. Agresta advised consumers to consider similar products and local options if shortages arise for perishable goods, including produce.

Persons: feedstocks, ” Ellen, Andy Ellen, Joseph Agresta, tammytheblackprepper, Agresta, ”, Ron Vachris, “ Organizations: North Carolina Retail, Rutgers Business School, Walmart, Costco Locations: Canada, Mexico, West Coast

NEW YORK (AP) — Most business economists think the U.S. economy could avoid a recession next year, even if the job market ends up weakening under the weight of high interest rates, according to a survey released Monday. Only 24% of economists surveyed by the National Association for Business Economics said they see a recession in 2024 as more likely than not. The 38 surveyed economists come from such organizations as Morgan Stanley, the University of Arkansas and Nationwide. Political Cartoons View All 1277 ImagesHigh rates work to slow inflation by making borrowing more expensive and hurting prices for stocks and other investments. Expectations are split among economists on when the Federal Reserve could begin cutting interest rates, something that can relieve pressure on the economy and act like steroids for financial markets.

Persons: Morgan Stanley, ” Ellen Zentner Organizations: National Association for Business Economics, University of Arkansas, Nationwide, Federal, Federal Reserve Locations: U.S

☆ Opinion: ‘The Golden Bachelor’ women gave me what I needed
▼ + stars: | 2023-11-30 | by ( Opinion Amy Klein | ) edition.cnn.com time to read: +8 min

Yet I was one of the millions tuning into “The Golden Bachelor” premiere because I wanted to know how they would handle aging. As an older mom, I am fascinated by the media’s portrayal of older women. Consider this: the women of “The Golden Girls” — Blanche, Dorothy and Rose — were in their 50s in 1985, when the show about old women began. “Is anyone watching ‘The Golden Bachelor’ and thinking, ‘maybe I shouldn’t be so scared to get older…. “I feel like as someone in her 20s it’s scary, like how am I going to look when I’m older?

Persons: Amy Klein, “, Amy Klein Mira Zaki, Gerry Turner —, —, it’s, Mary McNamara, Michelle Cottle, They’re, they’re, Xer, I’m, ” Cottle, John Fleenor, Vladimir ”, she’s, frailty, Alice, — Blanche, Dorothy, Rose —, Carrie, Miranda, Charlotte, Manolo Blahnik, ” Charlotte, Galit Nimrod, ”, ” It’s, Gerry, ’, Eva Gutowski, ” Ellen Goltzer, Marina Perera Organizations: CNN, Nation, Los Angeles Times, The New York Times, Walt Disney Company, Max, verve Locations: Worth

Retail sales fell 0.1% last month after jumping a strong 0.9% in September, according to a report released Wednesday by the Commerce Department. Excluding sales of gas and autos, retail sales ticked up 0.1%. “The October retail sales report was stronger than expectations, but confirmed a slowdown in consumption,” Ellen Zentner, chief U.S. economist at Morgan Stanley, wrote in a note to clients. Restaurants and bars reported a 0.3% sales increase, though that was much lower than September's 1.6% gain. The government’s monthly retail sales report offers only a partial look at consumer spending; it doesn’t include many services, including health care, travel and hotel lodging.

Persons: “, ” Ellen Zentner, Morgan Stanley Organizations: Commerce Department, Consumer, Walmart, Target, Federal Reserve, National Retail Federation Locations: U.S, Europe, United States

☆ The Fed will definitely be done tightening if there's a government shutdown, top Morgan Stanley economist says
▼ + stars: | 2023-09-25 | by ( George Glover | ) www.businessinsider.com time to read: +2 min

The Federal Reserve could be about to call time on its rate-hiking campaign, according to Morgan Stanley's top economist. That's because a government shutdown could rob the central bank of key economic data. "In monetary policy making, uncertainty tends to lead to policy paralysis," she told Bloomberg's "What Goes Up" podcast. "If it's a full government shutdown, then you don't really get any of the government data," Zentner added. Around 40% of traders expect the central bank to hike borrowing costs again before the end of this year, according to CME Group's Fedwatch tool.

Persons: Morgan Stanley's, ” Ellen Zentner, Ellen Zentner, Bloomberg's, Zentner Organizations: Federal, Service, Federal Reserve, Fed Locations: Wall, Silicon, Washington

Fox, which has maintained it is proud of its dishonest 2020 election coverage, still faces an even larger, $2.7 billion lawsuit from election technology company Smartmatic. That is the crux of our lawsuit, and we look forward to making our case in court.”A spokesperson for Fox Corporation declined to comment on the lawsuit. A spokesperson for the New York City Comptroller’s office said the pension funds held 857,000 shares of Fox Corporation stock valued at $28.10 million. Fox Corporation, led by Rupert and Lachlan Murdoch, has kept the current Fox News leadership team that oversaw the network’s lie-filled 2020 coverage in place. Earlier this year, Fox News settled a defamation case with a Venezuelan businessman who had filed a lawsuit against the company over its 2020 election coverage.

Persons: “, Brad Lander, ” Ellen Rosenblum, ”, Rupert, Lachlan Murdoch, Viet Dinh, Ray Epps, Fox, Abby Grossberg Organizations: CNN, Fox Corporation, Fox News, Fox, Voting, New, Dominion, FBI Locations: York, Oregon, Delaware, New York City, Viet, Arizona, Venezuelan

☆ Drug and alcohol deaths increasing among US adults 65 and older, CDC data shows
▼ + stars: | 2022-11-30 | by ( Jacqueline Howard | ) edition.cnn.com time to read: +8 min

In 2020, more than 5,000 adults 65 and older in the United States died of a drug overdose. Though drug overdose death rates for older adults tend to be lower than for other age groups – and made up just 0.2% of total deaths among adults 65 and older in 2020 – such deaths have been climbing. Between 2000 and 2020, the rates rose from 2.4 to 8.8 deaths per 100,000 people among adults 65 and older. Between 2000 and 2020, drug overdose deaths increased more among men than women, rising from 2.7 to 12.3 deaths per 100,000 men compared with 2.3 to 5.8 per 100,000 women. “Because of ageism, we typically do not think of older adults as having a substance use disorder nor do we think of older adults for being at-risk for a drug overdose.

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