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The credible data that exists on crimes motivated by conspiracy theories shows a disturbing increase. Many of those charged said they had bought into Trump’s conspiracy theories about a stolen election. “Lies, lies lies: They're lying to you over and over and over again,” said Steve Girard, a Pennsylvania man who has protested the incarceration of Jan. 6 defendants. While they may have taken on a bigger role in our politics, surveys show that belief in conspiracy theories hasn't changed much over the years, according to Joe Uscinski, a University of Miami professor and an expert on the history of conspiracy theories. Russia has amplified numerous anti-U.S. conspiracy theories, including ones claiming the U.S. runs secret germ warfare labs and created HIV as a bioweapon, as well as conspiracy theories accusing Ukraine of being a Nazi state.
Persons: , Nash, Melissa Sell, Sell, Elon Musk, There's, Evan Hansen, Wired.com, Musk, It’s, ” Hansen, Donald Trump, Trump, Mark Milley, Milley, Laws, Vince Lynch, Lynch, Danielle Citron, Sandy, , Alex Jones, Sandy Hook, Hillary Clinton, chemtrails, , hospitalizations, Robert Palmer, they're, Steve Girard, Jan, hasn't, Joe Uscinski, ” Uscinski, “ Jan, Tom Fishman Organizations: WASHINGTON, U.S ., United, Big Tech, Meta, Facebook, titans, Army, University of Maryland’s National Consortium, University of Virginia School of Law, Sandy Hook Elementary, CNN, FBI, Capitol, The Associated Press, Trump, University of Miami, Twitter, United States, U.S, . Locations: Maui, Chile, America, United States, Pennsylvania, U.S, Israel, Newtown , Connecticut, Florida, California, Wisconsin, Washington, Russia, China, Iran, Ukraine, Nazi
The need for more transplant organs is immense and growing. Researchers have transplanted genetically modified pig kidneys and hearts into people who were brain-dead to test whether they work in humans. Although Larry Faucette was too sick for a human heart transplant, University of Maryland doctors said he seemed physically strong enough for a genetically modified pig heart. It was more than a decade after the first heart transplant but long before such procedures became relatively routine. “We learned that the pig heart is an adequate substitute for a human heart.
Persons: Lawrence Faucette, Ann, he’d, ” Ann, Larry Faucette, Ann Faucette Ann, Larry, didn’t, , Robert Montgomery, , Shelby Lum, ” Montgomery, Xenotransplantation, Art Caplan, Caplan, Babe ”, ” Caplan, They’re, eGenesis, people’s, Dr, Mike Curtis, Sanjay Gupta, ” Curtis, hasn’t, Julie O’Hara, Jim Parsons, Jayme Locke, couldn’t, Locke, Parsons, NYU —, Montgomery —, O’Hara, ” Locke, David Bennett Sr, Mary, David Jr, Bartley Griffith, Bennett, they’ve, Muhammad M, Mohiuddin, Larry Faucette’s, David Bennett’s, ” Griffith, xenotransplantation Ann Faucette, Wilbur, White’s, Ann Faucette, NYU ethicist Caplan, they’re, NYU’s Montgomery, UAB’s Locke, Steve Wood, ’ Curtis, “ I’m, it’s, ” O’Hara, Bennett’s, Larry Faucette —, ” Bennett’s, Faucette, who’d, Griffith, would’ve, Kate, Lucy, Nadia Kounang Organizations: CNN, Food and Drug Administration, University of Maryland, FDA, National Institute of Allergy, NYU Langone Transplant Institute, NYU Langone's Transplant, NYU Grossman School, Medicine’s Department of Population Health, “ Disney, University of Alabama, Transplant Institute, Parsons Family, Birmingham, NYU, University of Maryland School of Medicine, Doctors, University of Maryland Medical Center, Uno, UAB, CNN Health, NFL Locations: Frederick , Maryland, United States, Montgomery, , Midwest, Yucatan, Maryland
Learn moreFrom soft-yet-durable sheets to powerful vacuums, the Insider Reviews team rigorously tests and reviews a wide variety of items for the home. We interview industry experts and do extensive research and testing to review the best lawn mowers, best paint, best drills, and more. James Brains/InsiderAdvertisementHow we test home productsWe test home products by using them every day for weeks and months. We test products as professionals to evaluate how each item meets industry standards, but we don't stop there. Her work spans from scoping out the best candles to meticulously evaluating the best vacuums.
Persons: Bissell, Dyson, We've, James Brains, he's, Lauren Savoie, Lauren Savoie Lauren, Lauren, She's, Jaclyn Turner, Jaclyn Turner Jaclyn, Jaclyn, James Brains James, Casper, James, Organizations: Morning America, CBS Money Watch, Poynter, Leadership Academy, Women in Media, Insider, Homes & Gardens, Real Homes, Journalism, Studies, University of Maryland, College Park, Service Locations: Casper, Brooklinen, Bath, Real, Atlanta
The researchers tested Binoculars on large sets of data compiled of news writing, creative writing, and student essays. As generative AI tools like ChatGPT explode in popularity, concerns have grown about students using AI to complete academic work while passing it off as their own. At the same time, many students have been wrongly accused of using AI, based on results of AI detection tools. Last year, schools and universities began disabling such AI detection tools. The researchers claimed Binoculars' method corrects for the role a person prompting an AI tool plays in the output, which has been pointed to as a cause for false positives in AI detection tools.
Persons: they've, Abhimanyu Hans, Dustin Moskovitz, Abu Dhabi's Falcon, Hans, Perplexity Organizations: Business, University of Maryland, Vanderbilt University, Carnegie Mellon University, New York University, Tübingen AI, Capital, Amazon Research
The astronomers were mapping space's background glow of gamma rays, the brightest and most energetic type of light on the electromagnetic spectrum. They were surprised to find way more gamma rays coming from one part of the sky than anywhere else. AdvertisementAn artist's concept shows the entire sky in gamma rays, with the plane of our galaxy across the middle. Magenta circles indicate the area where astronomers found more high-energy gamma rays than average. Some unknown object or process out there in the universe may be producing both the gamma rays and the UHECRs.
Persons: , Alexander Kashlinsky, NASA's, Swift, Cruz deWilde Kashlinsky, it's, Kashlinsky, Fernando Atrio, UHECRs, they're Organizations: Service, NASA, Business, University of Maryland, American Astronomical Society, NASA's Goddard Space, Fermi, Planck, ESA, University of Salamanca, JPL, Caltech Locations: New Orleans, UHECRs, Spain
Image A watch party for Mr. Trump in Des Moines on Monday night. Credit... Haiyun Jiang for The New York TimesInstead, if Mr. Trump wins next week’s New Hampshire primary, a march to a third nomination is all but certain. Some in the news media were reluctant to direct their audiences to Mr. Trump, especially shortly after he left office, for fear that it would only amplify his lies about his election loss. Since 2016, both Republican and Democratic leaders have often agreed that it helps Democrats to have Mr. Trump at the political fore. Mr. Biden has signaled his plans to highlight Mr. Trump’s efforts to subvert his loss in the 2020 election, invoking the attack on the Capitol and Mr. Trump’s revisionist history of what happened.
Persons: Donald J, Trump, codifying, , he’d, Haiyun Jiang, , David Axelrod, Barack Obama, , victimhood, Mr, Trump’s, Axelrod, Biden, Maansi Srivastava, Liam Donovan Organizations: Fox News, Republican, Trump, Republican Party, The New York, Democratic, Republicans, New, New York Times Democrats, Capitol, Washington Post, University of Maryland Locations: New York, Iowa, Florida, Des Moines, Hampshire, Clive , Iowa, New Hampshire, Washington, mattering
If those population-growth patterns continue for the rest of the decade, it could seriously imperil the Democrats’ long-term chances of winning the White House. The Week in Cartoons Jan. 15-19 View All 5 ImagesFor Democrats, the picture is grim. An analysis by the Brookings Institution found that the main factor driving population growth in 2022-23 was immigration. The two states Democrats are eyeing most urgently to become the new Arizona and Georgia are North Carolina and Texas. In particular, predictions of “Blexas” – a blue Texas – have taken longer to materialize than most Democrats had hoped.
Persons: Donald Trump, University’s, Joe Biden, , Alan Abramowitz, Christopher Cooper, Brennan, Biden, Mark P, Jones, it’s, Michael McDonald, Trump, Michael Bitzer, ” Bitzer, “ Biden's, Thomas Schaller, ” Schaller, , Barack Obama, Cooper Organizations: White, Center for Justice, Biden, Emory University, Democrats, Western Carolina University, , , Republicans, Rice University, University of Florida, Brookings Institution, Brookings, North Carolina’s Catawba, Northern Blacks, Brennan, University of Maryland, American Democracy, Senate, Democratic, Texas, Democratic Party, Electoral College Locations: South Carolina , Florida , Texas , Idaho, North Carolina, Tennessee, Utah, New, Texas, Florida, Idaho, South Carolina , Tennessee, California, New York, Illinois, Minnesota , Oregon, Rhode, Arizona, Georgia, Michigan, Pennsylvania, U.S, That’s, North, Northern, Baltimore, Arizona , Colorado , New Mexico, Nevada, “ Texas, United States
A local buyer taking over a struggling newspaper in the 21st century is normally cause for some celebration. “Have no fear of me,” Smith told the Sun newsroom on Tuesday, according to someone who was there and relayed the statement on condition of anonymity because it was a private meeting. Smith told the newspaper he had one partner: Armstrong Williams, a commentator who hosts a show on Sinclair’s affiliates. In 2018, Smith told New York magazine that he dislikes and fundamentally distrusts print media. Skene reported from Baltimore.
Persons: David D, Smith, , ” Smith, Donald Trump, Smith’s, Julian Sinclair Smith, Sinclair, Armstrong Williams, Brandon Scott, , Jim Shea, Kathy Szliga, Rupert Murdoch, Marty Kaiser, Alden Capital, Tim Franklin, Stewart Bainum Jr, , Medill’s Franklin, ” Franklin, Olivia Nuzzi, David Simon, television’s, ” Simon, Abell, ___ Bauder, Skene Organizations: Sinclair, Baltimore Sun Media, Alden Global Capital, The, Associated Press, Sun, Sinclair Broadcasting Inc, Chesapeake Television Corp, Fox, Democratic, Project Veritas, Republican, Capital News Service, University of Maryland, Tribune Publishing, Philadelphia Inquirer, Boston Globe, Seattle Times, Medill Local, Initiative, Northwestern University, Baltimore, New York Locations: Baltimore, Maryland, , New York
NASA scientists have found a powerful new gamma-ray signal coming from outside our galaxy. AdvertisementNASA astronomers have discovered an unexpected "signal" coming from outside our galaxy, which they can't explain. The scientists were analyzing 13 years of data from the Fermi Gamma-ray Space Telescope when they noticed the mysterious signal. NASA's Fermi Gamma-ray Space Telescope, illustrated here, scans the entire sky every three hours as it orbits Earth. NASA's unexpected discovery could help astronomers confirm or challenge ideas about how the dipole structure is created.
Persons: , Francis Reddy, NASA's, Alexander Kashlinsky, Fermi, Chris Smith, Chris Shrader, Pierre Auger, Fernando Atrio Organizations: NASA, Service, Fermi, NASA's Goddard Space Flight, University of Maryland, American Astronomical Society, Goddard Locations: Argentina
Bitcoin coins are seen at a stand during the Bitcoin Conference 2023, in Miami Beach, Florida, U.S., May 19, 2023. Crypto companies spent $18.96 million in the first three quarters of 2023 on lobbying, compared with $16.1 million during the same period in 2022. That was despite last year's spectacular meltdown of crypto exchange FTX, which had been a top-ten spender. Coinbase (COIN.O), the largest U.S. crypto exchange, led the pack again, spending $2.16 million, followed by Foris DAX, which operates Crypto.com, the Blockchain Association and Binance Holdings. Although those bills have yet to advance further, crypto lobbyists are not letting up.
Persons: Marco Bello, spender, FTX, Foris DAX, Kristin Smith, Sam Bankman, Fried, Coinbase, Binance, Crypto.com, Hannah Lang, Michelle Price, Matthew Lewis Organizations: REUTERS, Rights, Blockchain Association, Binance Holdings, U.S . Securities, Exchange Commission, SEC, Thomson Locations: Miami Beach , Florida, U.S, Washington, Manhattan, Binance
Since June, the quarterly "dot plot" of policymakers' projections of the appropriate path of policy has shown rates rising another quarter point this year. Investors will be eager for the boost a rate cut would give to markets, and consumers will be relieved by lower mortgage and credit rates. Indeed, in remarks last week Fed Chair Jerome Powell noted that over the last six months inflation had averaged around 2.5%. Investors, meanwhile, have become increasingly fixed on March as a starting point for rate cuts. Between falling inflation and a modest slowdown in growth, Powell said: "We are getting what we wanted to get."
Persons: Vincent Reinhart, Dreyfus, Reinhart, Donald Trump, Michael Gapen, Gapen, Jerome Powell, Powell, Christopher Waller, Howard Schneider, Andrea Ricci Organizations: . Federal Reserve, Mellon, WE, Republican, Bank of America, Fed, Spelman College, Thomson Locations: U.S, Atlanta
Finally Souza, an innkeeper and community leader in Bela Vista do Jaraqui, said he rallied two dozen neighbors to drill a 60-meter well in the heart of the world's largest freshwater basin. With rivers forming the backbone of transportation across the Amazon region, the drought has disrupted access to food and medicine in dozens of cities. The Amazon, the world's largest rainforest, is regarded by scientists as a bulwark against climate change because its dense vegetation absorbs carbon and emits oxygen. The five researchers predicting a 2026 recovery said the effects of the drought could endure even longer if El Nino is prolonged. That would release huge amounts of carbon dioxide, contributing to climate change and wiping out a wealth of plant and animal species found only in the Amazon.
Persons: Bruno Kelly, Raimundo Leite de Souza, Souza, Luiz Inacio Lula da Silva, Michael Coe, we're, El Nino, Coe, El, Philip Fearnside, Henrique Barbosa, Eduardo Taveira, Taveira, Paulo Brando, Brando, Barbosa, Brad Haynes, Jake Spring, Ana Mano, Andre Romani, Suzanne Goldenberg Organizations: REUTERS, Rights, Rio, cobras, United, Reuters, Research Center, National Institute of, Research, University of Maryland, Honda, LG, Positivo, GIANTS, Yale University, Sao Paulo, Thomson Locations: Tefe, Amazonas, Brazil, Rights MANAUS, caimans, Bela Vista, Guyana, Suriname, French Guiana, Venezuela, Colombia, United Nations, U.S, South America, South, Pacific, North America, El Nino, University, Baltimore, Western Europe, Brazil's Amazonas, Manaus, Itacoatiara, Madeira Rivers, Sao Paulo, Sao
Harris said the US would pledge another $3 billion to the Green Climate Fund – the main finance vehicle to help developing nations adapt to the climate crisis and cut fossil fuel pollution. “Today we are demonstrating through action how the world can and must meet this crisis,” Harris said. Harris’ attendance at the summit in Dubai is in line with her recent steps to ramp up public messaging on climate change. We must treat the climate crisis as the existential threat it truly is. In what represented an early success, several countries pledged millions of dollars to help nations hit hardest by the climate crisis.
Persons: Kamala Harris, Harris, ” Harris, Coal, , Joe Biden, Biden, Donald Trump, , CNN’s Priscilla Alvarez, Sam Fossum, Ella Nilsen Organizations: DC CNN —, US, Environmental Protection Agency, Past Coal Alliance, Energy Information Administration, UAE, Japan, Biden, Republican, Washington Post, University of Maryland Locations: Washington, Dubai, United States, Israel, Gaza, Germany, Paris
Periods of high inflation would offset those when inflation was low as occurred between the financial crisis and the pandemic. Those concerns may not matter anymore if the pandemic has driven inflation and interest rates chronically higher. Speaking at a Boston Fed labor market conference in November, Kohn said the new framework showed the risks of not keeping inflation at bay to begin with. "Probing" for maximum employment "can't ignore...inflation risks," Kohn said, calling for a return to a strategy disavowed in the last review. "I think preemptive tightening is best-practice central banking, and I hope they return to allowing that."
Persons: Joshua Roberts, Jerome Powell, There's, Miesha Williams, Powell, Charles Evans, Evans, Fed, Loretta Mester, Austan Goolsbee, Goolsbee, Donald Kohn, Kohn, Howard Schneider, Dan Burns, Andrea Ricci Organizations: Federal Reserve, REUTERS, Rights, U.S, Federal, Spelman College, Reuters, Chicago Fed, Chicago, Cleveland Fed, Boston Fed, Thomson Locations: Washington , U.S, Atlanta
The image of the flag, which is half white and half blue with the Star of David in its centre, is spreading on Facebook (archived) with claims that it shows the official 1939 Palestinian flag. “The 1939 flag of Palestine shows that it was recognized as a Jewish entity even then,” one Facebook account wrote (archived). According to academics who spoke to Reuters, the flag seen in circulating images is not an official flag of historical Palestine. An example of a mandate-era official flag from 1946 can be seen on the British Imperial War Museums website. The official flag of mandate Palestine in 1939, during which Palestine was administered by Britain as a League of Nations Mandate, was a Union Jack.
Persons: David, Shay Hazkani, Joseph, Rebecca Meyerhoff, Jack, , Salim Tamari, Tamari, Sharif Hussein, Derek Penslar, William Lee Frost, , Union Jack, Penlsar, Tamir Sorek, Read Organizations: Zionist, Palestinian, Jewish, Star, Larousse, Reuters, Center for Jewish Studies, University of Maryland, League of Nations, Institute of Palestine Studies, Birzeit University, British, Harvard University, Union, Penn State University, Society, International Affairs, Britain, League of Nations Mandate, Thomson Locations: Palestine, Larousse French, Israel, Ottoman Empire, Union
Yellen will tour a Livent Corp (LTHM.N) facility in Bessemer City, North Carolina, that processes lithium hydroxide, a key ingredient in electric vehicle batteries. The plant near Charlotte is doubling its capacity due to increased demand for electric vehicles spurred by consumer tax credits of up $7,500 approved in the 2022 Inflation Reduction Act. These include $142 billion in EVs and batteries and $71 billion in clean energy manufacturing, and she attributed much of the investment to tax credits in the inflation reduction act. The Biden administration in coming days is expected to release new guidance on the levels of Chinese content that EV batteries can have and still qualify for IRA tax credits. It will take time for this to fade and for people to feel the benefits of higher wages, he added.
Persons: Janet Yellen, Joe Biden, Yellen, Biden, Donald Trump, Larry Sabato, we're, Sabato, David Lawder, Howard Schneider, Chizu Organizations: . Treasury, U.S, Livent Corp, Midwest, EV, University of Virginia's Center, Politics, Thomson Locations: North Carolina, Bessemer City , North Carolina, Charlotte, EVs, Argentina, Canada, U.S
BESSEMER CITY, North Carolina, Nov 30 (Reuters) - U.S. Treasury Secretary Janet Yellen said on Thursday she believes the U.S. economy does not need further drastic monetary policy tightening to stamp out inflationary expectations and was on track to achieve a "soft landing" with strong employment. "We don't need that now," Yellen said. "I believe the signs are very good that we will achieve this soft landing with unemployment stabilizing more or less we're where it is in this general vicinity, and growth slowing to a sustainable level. So my hope is that Americans gradually will see that things are getting better," Yellen said. Reporting by Howard Schneider, writing by David Lawder, editing by Chris ReeseOur Standards: The Thomson Reuters Trust Principles.
Persons: Janet Yellen, Yellen, Howard Schneider, David Lawder, Chris Reese Organizations: BESSEMER CITY, . Treasury, Federal, Thomson Locations: North Carolina, U.S
Bitcoin coins are seen at a stand during the Bitcoin Conference 2023, in Miami Beach, Florida, U.S., May 19, 2023. REUTERS/Marco Bello/File Photo Acquire Licensing RightsNov 29 (Reuters) - The U.S. government will cut off cryptocurrency companies from the broader U.S. economy if they fail to block and report illicit money flows, Deputy Treasury Secretary Wally Adeyemo warned the industry on Wednesday. The Biden administration on Tuesday sent a letter to Congress, requesting new legislation that would grant Treasury the authority to police crypto marketplaces used by actors the U.S. government deems illicit, Adeyemo said. Binance said in response that it had worked hard to make the platform "safer and even more secure." Reporting by Hannah Lang in Washington; Editing by Michelle PriceOur Standards: The Thomson Reuters Trust Principles.
Persons: Marco Bello, Wally Adeyemo, Adeyemo, Biden, Changpeng Zhao, Binance, Hannah Lang, Michelle Price Organizations: REUTERS, U.S, Blockchain Association, Treasury, Palestinian, Prosecutors, Islamic, Thomson Locations: Miami Beach , Florida, U.S, Israel, Gaza, al Qaeda, Islamic State, Iraq, Syria, Washington
Sports Illustrated is the latest media company to see its reputation damaged by being less than forthcoming — if not outright dishonest — about who or what is writing its stories at the dawn of the artificial intelligence age. The once-powerful publication said it was firing a company that produced articles for its website written under the byline of authors who apparently don't exist. Earlier this year, experiments with AI went awry at both the Gannett newspaper chain and the CNET technology website. On Monday, the Futurism website reported that Sports Illustrated used stories for product reviews that had authors it could not identify. At the end of each such story is a note that explains technology's role in its production, a spokeswoman said.
Persons: , Tom Rosenstiel, ” Rosenstiel, , Jeff Jarvis, Drew Ortiz, “ Drew, AdVon, AdVon wasn't, LedeAI, Jarvis, Gannett, Connie Guglielmo, ” Guglielmo, Emma Heegar, ” Buzzfeed, ” ___ David Bauder Organizations: Gannett, CNET, University of Maryland, Arena, Time Inc, , AdVon Commerce, Sports Illustrated Union, Staff, Associated Press, NBA, Data Locations: Santa Barbara, Calif, Sportradar
"Inflation rates are moving along pretty much like I thought," Fed Governor Christopher Waller, a hawkish and influential voice at the central bank, told the American Enterprise Institute think tank on Tuesday. If the decline in inflation continues "for several more months ... three months, four months, five months ... we could start lowering the policy rate just because inflation is lower," he said. Additional Fed rate increases remain a possibility if upcoming data includes an unexpected resurgence of price pressures, he said. But even Bowman, who like Waller is among the Fed's most hawkish officials, stopped short of outright calling for a further increase in the policy rate. New inflation data will be released on Thursday, and policymakers will also have a fresh monthly jobs report and other data in hand before they gather next month.
Persons: Christopher Waller, Bond, Waller's, Jerome Powell, Michelle Bowman, Bowman, Waller, Austan Goolsbee, Howard Schneider, Ann Saphir, Lindsay Dunsmuir, Andrea Ricci, Paul Simao Organizations: Federal Reserve, American Enterprise Institute, Fed, Spelman College, Utah Bankers Association, Chicago Fed, Conference Board, Thomson Locations: U.S, Atlanta, Salt Lake City
Washington CNN —President Joe Biden is not expected to attend the opening of the global climate summit in Dubai this week, according to a White House schedule of the president’s events. Since taking office, Biden has attended the annual UN climate summit in person in 2021 and 2022. The move has the potential to frustrate climate advocates both at home and abroad, though some activists and small island nations have called into question the effectiveness of the annual international climate summit process. O’Hanlon said Sunrise Movement also has critiques of the international climate summit itself – which is itself embroiled in controversy as it is being hosted by the oil-rich United Arab Emirates this year. A July Washington Post-University of Maryland poll found that 57% of Americans disapprove of the way Biden has handled climate policy, including 59% of voters 18-29 years old.
Persons: Joe Biden, John Kerry, Ali Zaidi, Biden, John Kirby, haven’t, Tom Evans, “ It’s, he’s, ” Evans, , Greta Thunberg, greenwashing ”, “ Biden, Stevie O’Hanlon, O’Hanlon, ” O’Hanlon, , Donald Trump, John Podesta, Xi Jinping Organizations: Washington CNN, White, National Security, CNN, Sunrise Movement, Sunrise, United, Washington Post, University of Maryland, Republican, U.S, National Locations: Dubai, Israel, United Arab Emirates, Washington, China
[1/3] An employee hiring sign is seen in a window of a business in Arlington, Virginia, U.S., April 7, 2023. So far, he said at a Boston Fed labor market conference earlier this month, measures like the employment-to-population ratio largely have not behaved differently for key racial groups, for women versus men, or among those with different education levels. Research has since tended to suggest that there may be untapped pools of labor that only become available when the job market is tight - an argument for keeping monetary policy looser than not. The labor market recovery so far has been "remarkably equitable," she said. Pandemic-era programs threw a safety net under many families, and the tight job market that has since developed helped many get a foothold, Rouse said.
Persons: Elizabeth Frantz, William M, Rodgers III, Rodgers, Torsten Slok, Jerome Powell, quartile, Chris Wheat, Cecilia Rouse, Joe Biden, Rouse, what's, we're, Howard Schneider, Dan Burns, Paul Simao Organizations: REUTERS, Rights, Institute for Economic Equity, St, Louis Federal Reserve, Boston Fed, Blacks, Apollo Global Management, JPMorgan Chase Institute, Workers, Reuters Graphics, of Economic Advisers, Brookings Institution, Thomson Locations: Arlington , Virginia, U.S, joblessness
The extension of Black Friday sales and growing strength of other shopping events (hello Cyber Monday ) is also changing what holiday spending looks like today. The term “Black Friday” is several generations old, but it wasn't always associated with the holiday retail frenzy that we know today. In 2003, e-commerce accounted for just 1.7% of total retail sales in the fourth quarter, per the U.S. Commerce Department. BLACK FRIDAY 'MONTH’ AND THE RISE OF CYBER MONDAYIt's no secret that Black Friday sales don't last 24 hours anymore. Offering early deals for holiday sales helps extend that window.
Persons: wasn't, Jie Zhang, Harvey Sanders, University of Maryland’s Robert H, Jay Zagorsky, Zagorsky, I’m, Zhang, it’s, Organizations: National Retail Federation, Army, Navy, Associated Press, Retail Management, University of Maryland’s, Smith School of Business, COVID, Boston University’s Questrom School of Business, U.S . Commerce Department, Commerce Department, Small, National Retail, Adobe Analytics Locations: Philadelphia, York
The minutes will likely include the "superficially hawkish rhetoric" that rates might still move higher, Citi analysts wrote on Sunday in a preview of the release. But "we continue to think that Fed officials are most likely done raising rates this cycle." "Inflation does seem to be settling," Richmond Fed President Thomas Barkin told Fox Business on Monday. But he also felt it was likely to remain "stubborn, and that makes the case for me for being higher for longer." "What I would be looking for is sustained evidence" of inflation in steady decline, Boston Fed President Susan Collins said last week.
Persons: Jerome Powell, Powell, Thomas Barkin, Susan Collins, Collins, Howard Schneider, Paul Simao Organizations: Reuters Graphics Reuters, International Monetary Fund, Citi, Fed, Richmond Fed, Fox Business, Boston, Thomson Locations: U.S
Chick-fil-A opened the first physical location of Little Blue Menu, a new restaurant, in Maryland. Little Blue Menu serves many Chick-fil-A items, as well as chicken wings and burgers. Little Blue Menu serves up two things you won't find at standard Chick-fil-A restaurants: Chicken wings and burgers. Little Blue Menu started serving food in Nashville and Atlanta through ghost kitchens, which prepare food for delivery or pick-up but don't have dining rooms. To find out if Chick-fil-A's wings are any good, I went to Little Blue Menu in College Park.
Persons: , Chick Organizations: Service, University of Maryland Locations: Maryland, College Park , Maryland, Nashville, Atlanta, College Park
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