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CNN —The “Sonic the Hedgehog” movies weren’t particularly good, but they had Jim Carrey and made a lot of money, so inevitably, there’s more. Lacking Carrey to help carry the load, “Knuckles,” spun out of that game-to-screen universe, isn’t just bad, but a next-level degree of bad, starting with the puzzling question of for whom this six-episode Paramount+ series was made. Despite only six half-hour episodes to complete the trek from points A to B, “Knuckles” goes nowhere fast and doesn’t seem to be in much of a hurry to get anywhere. “I do not make jokes,” Knuckles tells Wade. “Knuckles” premieres April 26 on Paramount+.
Persons: Jim Carrey, Carrey, “ Knuckles, , Idris Elba, Knuckles, , Wade Whipple, Adam Pally, Wade, Rory McCann, Knuckles ”, Stockard Channing, “ Knuckles ”, Organizations: CNN, Paramount Locations: Reno , Nevada, Wade, detours
What it’s really like to live in Macao
  + stars: | 2024-04-25 | by ( Lilit Marcus | ) edition.cnn.com   time to read: +9 min
Macao, the Chinese special administrative region (SAR) often twinned with Hong Kong, is known as the Las Vegas of Asia. But travelers who are willing to dig in a little deeper can explore Macanese culture, which mixes Portuguese, Chinese and Southeast Asian heritages. Macao is comprised of two islands – the north one, Macao itself, and its southern neighbor Taipa. “In Asia, [people] think that Macao is full of casinos, and I think they do not understand the other parts of Macao,” says Lai. That means that they can live in Macao without a work visa and do not need a company sponsoring them.
Persons: CNN — “, , Vivian Lai, Taipa, Lai, ” Marina Fernandes, Michael Maslan, , it’s, Uber, Fernandes, Eduardo Leal, Ricardo Balocas, Balocas, Don’t Organizations: CNN, Las, Macanese Association, Bloomberg, Macao International Airport, Joseph’s University, Macao, Henley Locations: Macao, Hong Kong, Las Vegas, Asia, China, Taipa, , , Europe, Portuguese, Zhuhai, Macao’s, Singapore, Jakarta, Hanoi, Bangkok, Beijing, North America, Shenzhen, Guangzhou, Bay Area, Portugal, Macao's, Lisbon, St, Philippines, ‘ Little Lisbon, it’s
And economists are forecasting new inflation data due Friday will paint a similar picture. The GDP report gave another preview of what could come. Slowing economic growth combined with rising inflation is known as stagflation. To be fair, one GDP report isn’t necessarily indicative of a trend. He repeated that message in a Wall Street Journal interview published Thursday before the GDP report was released.
Persons: there’s, JPMorgan Chase, Jamie Dimon, we’ve, , , ” Dimon, Mike Reynolds Organizations: New, New York CNN, Federal Reserve, JPMorgan, Economic, of New Locations: New York, Germany, Israel, of New York
Washington CNN —The US economy cooled more than expected in the first quarter of the year, but remained healthy by historical standards. Gross domestic product, which measures all the services and goods produced in the economy, measured an annualized rate of 1.6% in the first quarter, the Commerce Department reported Thursday. It was the weakest pace of growth since the second quarter of 2022 when the economy contracted. What this means for interest ratesInflation slowed considerably last year, but the pace of its descent has stalled in recent months. For now, economic growth remains healthy, despite the weaker-than-expected first-quarter GDP reading, as employers continue to hire at a solid clip and workers still command robust wage gains.
Persons: ” Oren Klachkin Organizations: Washington CNN, Federal Reserve, Gross, Commerce Department, Consumer, Nationwide, CNN
(CNN) — There’s a lot of talk about luxury’s rising prices, but it’s at auction that fashion is selling for the most eye-popping of sums. Fashion items from the sets of TV, film and even commercials can also garner high prices. Frank Augstein/APWhile selling prices are widely publicized, auction houses maintain something akin to attorney-client privilege when it comes to the identities of their bidders. In fact, much of the archival fashion seen on stars today has passed through auction. “That dress would now sell for $10 million because of that double whammy connection of a celebrity,” said Nolan.
Persons: , Celine, Joan Didion, Levi’s, Kurt Cobain, Elton, Burberry, , Nicole Kidman, Lucy Bishop, Frank Augstein, Bishop, Audrey Hepburn, Diana —, Victoria, they’re, Lady Gaga, Kim Kardashian, Michael Jackson’s, Laverne Cox, Jordan Strauss, , Shannon Hoey, Hoey, Dior, Elizabeth Debicki, Diana, , Meg Randell, Leigh Anne Clark —, Valentino, Saint Laurent, Chanel, Andre Leon Talley’s Birkin, Christie’s, Anna Wintour, Clark, Talley, would’ve, Andre Leon Talley's, Meghan McCarthy, Renae Plant, Diana’s, It’s, Carrie Bradshaw, Martin Nolan, Carrie Bradshaw's, Craig Blankenhorn, Barbie, Marilyn Monroe, John F, Kennedy, Nolan, Read Organizations: The, Fashion, CNN, AMC, Albert Museum, York’s Metropolitan Museum of Art, Vogue, USA, Plant, City, Julien’s, HBO Locations: London, Dallas, Palm Beach , Florida, California, Paris, Australia
I just don’t get Taylor Swift
  + stars: | 2024-04-25 | by ( Aj Willingham | ) edition.cnn.com   time to read: +6 min
I just don’t get Taylor Swift. Again, I respect the Taylor Swift lovers. The Cut recently published a piece by a woman who ended a relationship with a friend who didn’t like Taylor Swift. However, the days of Taylor Swift as an ultimate cultural barometer may be waning. If you don’t love Taylor Swift, if you don’t hate her; if she is simply not something that affects your life whatsoever, it’s probably safe to come out now.
Persons: Taylor Swift, it’s, Taylor, Swift, Kat McKenna, there’s, “ Cardigan, Stanley, Said, Travis Kelce Organizations: CNN, Department, The Spectator, BBC, Spotify, Paste Magazine, Kansas City Chiefs
CNN —In tennis, “love” means nothing. Back in the present, Tashi is Art’s wife and coach, having lost her own career to a devastating knee injury. Even using the sport as a metaphor, “Challengers” might become a bit of a challenge for those who show up eager to see the principals sweat for different reasons. Because she’s playing more complicated angles, Zendaya’s Tashi is the most interesting character as well as a source of frustration. While the build-up proves effective, the payoff simply feels too precious, in a way that’s particularly unsatisfying.
Persons: Love, whiffing, Luca Guadagnino, Zendaya, Mike Faist, Patrick, Josh O’Connor, Tashi, , ” Guadagnino, Justin Kuritzkes Organizations: CNN, , Wimbledon
Prosecutors have framed the trial as more than a simple case of falsifying business records — the offense with which Trump has been charged. But the results of Trump’s pending cases — and whether they even come to trial — could help decide the tone of a future presidency. But at the same time, Trump is using the privileges of appeals available to any defendant to their full extent. “We’re writing a rule for the ages.”It’s always hazardous to speculate how Supreme Court justices will rule based on their questioning in oral arguments. This could mean the case returns to lower courts for more litigation — a move that could delay the federal election trial for months, far beyond the November election.
Persons: Donald Trump, George Washington, David Pecker, Trump’s, Trump, , Trump —, Republican nominee’s, Jack Smith’s, Ketanji Brown Jackson, Jackson, Pecker, didn’t, Matthew Colangelo, he’s, Joe Biden, Biden, , Benjamin Franklin, inoculate Trump, CNN’s Zachary B, Wolf, Marquis de Lafayette, demagogue, George Conway, ” Conway, CNN’s Wolf, , Neil Gorsuch, “ I’m, Amy Coney Barrett, David Sauer, Sauer, Elena Kagan, Kagan, ” Kagan Organizations: CNN, National Enquirer, Republican, Trump, GOP, Prosecutors, Supreme, White House Locations: New York, Georgia, Florida, — Washington, Washington, Philadelphia , Washington
Survive.” That has been the mantra of Rachel Goldberg-Polin since her son was taken hostage by Hamas on October 7 with a severe arm injury. “I’ve probably said [it] a million times… over these 202 days,” Rachel told CNN’s Anderson Cooper on Thursday of her personal prayer for her son, Hersh Goldberg-Polin. Speaking in Hebrew, with part of his left arm missing, Goldberg-Polin called on his parents to stay strong for him. The Hamas video on Wednesday showed part of his left arm missing several inches above the hand and it appears to be healing. “It’s normally a commemoration of the Jewish people leaving captivity, leaving Egypt and going on to be a free people,” his mother told Cooper.
Persons: CNN —, Rachel Goldberg, “ I’ve, ” Rachel, CNN’s Anderson Cooper, Hersh Goldberg, , Goldberg, Polin, Jonathan Polin, Jonathan, Cooper, Rachel, “ He’s, Hersh, , , ” Goldberg, that’s Organizations: CNN, Nova, Hamas Locations: Israel, Gaza, Jerusalem, Washington, Egypt, Qatar, United States
CNN —Former President Donald Trump on Wednesday night downplayed the 2017 white supremacist rally in Charlottesville, Virginia, which led to a woman’s death, as a “peanut” compared to the demonstrations happening across the US against Israel’s actions in Gaza. Public officials have condemned incidents of antisemitism that have occurred amid the protests and raised concerns over the safety of Jewish students. Trump also accused Biden in the post of hating Israel and the Jewish people, but hating the Palestinian people even more. “I condemn the antisemitic protests, that’s why I’ve set up a program to deal with that,” Biden said when questioned about the events at Columbia University in New York. Republican House Speaker Mike Johnson visited the campus on Wednesday to call for Columbia University President Minouche Shafik to resign if she cannot bring order to the campus.
Persons: Donald Trump, Confederate, Robert E, Lee, Joe Biden, Crooked Joe Biden, ” Trump, Trump, Biden, Israel, Steven Cheung, ” Biden, Ammar Moussa, , , Mike Johnson, Minouche Shafik, – Claudine Gay, Liz Magill, CNN’s Donald Judd, Shania Shelton Organizations: CNN, Public, Trump, , Columbia University, University of Southern, University of Texas, Wednesday, Protesters, Republican, Ivy League, Harvard University, University of Pennsylvania Locations: Charlottesville , Virginia, Gaza, White, Charlottesville, New York, University of Southern California, Austin, Israel
Editor’s Note: This interview was aired on CNN’s “First Move With Julia Chatterley.”CNN —With “Shogun,” Hiroyuki Sanada wanted to get things right. “So, I wanted to…introduce the world correctly.”He plays Lord Yoshii Toranaga on the acclaimed FX miniseries, an adaptation of James Clavell’s best-selling 1975 novel of the same name. Not a stereotypical samurai.”Video Ad Feedback Watch: Hiroyuki Sanada speaks to CNN's Julia Chatterly on how "Shogun" has become a global hit. 02:16 - Source: CNNWhile Sanada, 63, has been acting for close to six decades, this is the first time he’s taken on a producer role. What we tried to do with that gaze was find a way to transcend culture.”The miniseries has proved popular.
Persons: Julia Chatterley, , ” Hiroyuki Sanada, Yoshii Toranaga, James Clavell’s, Tokugawa Ieyasu, Hiroyuki Sanada, CNN's Julia Chatterly, Sanada, John Blackthorne, Cosmo Jarvis, , Anna Sawai, Lady Mariko, Michael De Luca, Justin Marks, Rachel, Kondo, Michelle Yeoh, Ke Huy Quan, Beef, Ali Wong, Steven Yeun Organizations: ” CNN, CNN, FX, Disney Locations: Japan, Hollywood, Clavell’s
CNN —A 12-string guitar played by Beatles stars John Lennon and George Harrison and thought to have been lost for almost 60 years is going up for auction. The acoustic Framus “Hootenanny” was used by the band in 1965, featuring in recordings, sessions and performances of songs including “Help!” “You’ve Got To Hide Your Love Away” and “It’s Only Love,” according to California-based auction house Julien’s Auctions. After that, Lennon gave the guitar to a friend, who passed it on to someone “who took the guitar home, tossed it in the attic, and gave it nary a thought for decades,” the auction house said in a statement published Wednesday. “It has some distinctive markings which made it easily identifiable,” said the auction house, but “the real proof is in the sound.”Lennon pictured in December 1963. It is expected to set a world record for the most expensive Beatles guitar, the auction house said.
Persons: John Lennon, George Harrison, Lennon, , Andy Babiuk, , ” Lennon, Julien’s, Ryan Schuermann, Gibson Organizations: CNN, Beatles, ITV, Julien’s Locations: California, Germany, New York City
“As we walked out, President Trump asked me, ‘How’s Karen doing, how’s Karen doing?’ So, I said, ‘She’s doing well, she’s quiet, everything’s going good.’” Pecker said. I thought you had this under control.”Pecker also received a call from Trump after McDougal was interviewed by CNN’s Anderson Cooper in March 2018. Pecker told Trump on the call that he had amended McDougal’s agreement on speaking to other media. “But the US Supreme Court had a monumental hearing on immunity and the immunity having to do with presidential immunity. “So, you ran articles about President Trump because it was good for business?” Bove asked.
Persons: David Pecker, Donald Trump’s, Karen McDougal’s, Trump, Stormy Daniels, Michael Cohen, Pecker, Cohen, Daniels, McDougal, Juan Merchan, Merchan, Trump’s, ‘ How’s Karen, how’s Karen, ‘ She’s, ” Pecker, CNN’s Anderson Cooper, , Chris Conroy, ” Conroy, CNN’s Kristen Holmes, Jackson, CNN Trump, ” Trump, Emil Bove, Quizzing, Bove, Dino Sajudin, ” Bove, Stelter, Bove’s, , Arnold Schwarzenegger, Schwarzenegger, Ari Emanuel, Mark Wahlberg, Rahm Emanuel, Tiger Woods, Woods, , Wahlberg Organizations: CNN, Former American Media Inc, Trump, AMI, White House, Wall, Office, National Enquirer, National, Pecker, California, Chicago, ” CNN Locations: Manhattan, Washington, New York, New York City, Bedminster, CNN’s, Japan
The Gaza Civil Defense acknowledged that around 100 bodies were buried in graves at the Nasser hospital before the IDF operation there. Al Mighayyer said at the news conference that the Palestinian Gaza Civil Defense in Gaza “discovered torture marks on [some] bodies.” CNN cannot independently verify these claims. Shoshani wrote in the post: “Misinformation is circulating regarding a mass grave that was discovered at Nasser Hospital in Khan Yunis. The Palestinian Civil Defense in Gaza called on the United Nations to form an international committee to investigate the mass graves at the Nasser complex. Amnesty International has also called for an investigation into the mass graves at the two Gaza hospitals.
Persons: Khan Younis, Mohammed Al Mighayyer, Nasser, Al Mighayyer, Civil Defense “, , He’s, , Gaza “, Nadav Shoshani, Shoshani, Gazans —, Gazans, Israel, Stephane Dujarric, General Organizations: CNN, Authorities, Palestinian Civil Defense, Nasser, Israel Defense Forces, Gaza Civil Defense, Civil Defense, Getty, Palestinian Gaza Civil Defense, Israel’s Defense Forces, IDF, Nasser Hospital, Israel, United, UN, , Amnesty Locations: Gaza, Khan, Rafah, AFP, Palestinian, Khan Yunis, Israel, United Nations, New York, Nasser
New Delhi CNN —Indian voters are battling sweltering conditions to take part in the world’s biggest election as a severe heat wave hits parts of the country and authorities forecast a hotter-than-normal summer for the South Asian nation. The India Meteorological Department (IMD) said a heat wave will affect parts of south and east India until the end of the week, including four states that are voting on Friday. Climate politicsIndia, the world’s most populous nation with 1.4 billion people, often experiences heat waves during the summer months of May and June. But in recent years, they have arrived earlier and become more prolonged, with scientists linking some of these longer and more intense heat waves to the climate crisis. Last year successive heat waves hit India again, closing schools, damaging crops and putting pressure on energy supplies.
Persons: Gandhi Ray, , , Noemi Cassanelli, Narendra Modi, ” Ray, Commision, Aditya Valiathan Pillai, climatologist Maximiliano Herrera Organizations: New, New Delhi CNN —, South, India Meteorological Department, IMD, CNN, National Disaster Management Authority, Bharatiya Janata Party, BJP, Indian National Congress, World Meteorological Organization Locations: New Delhi, India, West Bengal, Bihar, Uttar Pradesh, Karnataka, Baripada, Khammam, Banka district, Maharashtra, Pakistan, Mumbai, Bangladesh, Asia, Thailand, Philippines, Mekong, Vietnam
CNN —For much of this season, Liverpool fans had spoken about sending Jürgen Klopp into the sunset with a historic quadruple of trophies. On Wednesday, Liverpool was stunned 2-0 by struggling local rival Everton in the final Merseyside derby of Klopp’s reign, all but ending the team’s hopes of winning a second Premier League title during the German’s tenure. The defeat leaves Liverpool in second place, three points behind Arsenal and one ahead of Manchester City, though Pep Guardiola’s side now has two games in hand. Klopp will now likely end his final season in charge with just the League Cup. In the second half, the emotions, we’re in a rush, not really clear enough and then we concede the second goal with a routine they’ve done all season.
Persons: Jürgen Klopp, Jarrad, Dominic Calvert, Lewin, , , Pep, ” Klopp, Peter Byrne, , Darwin Núñez’s, Mo Salah, “ It’s, Jordan, Pickford, Klopp, Carl Recine, Arne Slot Organizations: CNN, Liverpool, League, Everton, Merseyside, Premier League, Park, Goodison, Arsenal, Sky Sports, Europa League, Atalanta, Manchester United, Goodison Park, Reuters, Feyernoord Locations: Manchester City, Liverpool
Sleep supplements: Can they help me sleep?
  + stars: | 2024-04-25 | by ( Katia Hetter | ) edition.cnn.com   time to read: +8 min
Some 18% of American adults take a form of medication to help them sleep, including over-the-counter pills and prescription medications, according to a 2023 US Centers for Disease Control and Prevention report. Some 6.3% said that they take sleep medications every day and 2.1% took medication most days. While medical treatments can help with sleep, are some forms more effective than others? Melatonin supplements are lab-made versions of this hormone. There is some evidence that melatonin supplements can help with jet lag.
Persons: CNN —, Leana Wen, Wen, There’s Organizations: CNN, for Disease Control, George Washington University, Food and Drug Administration, FDA
Campaign officials are fully aware the Trump trial could dominate news coverage in the weeks to come. Even some occasional critics of Biden’s campaign strategy have not found fault in his approach to the Trump trial. Their strategy of not campaigning, wasting money, acting like small time thugs, and pushing their extreme agenda is driving away voters,” Biden campaign spokesperson James Singer said in a statement Friday. On the trail during the trialIt is that viewpoint that has largely animated the president’s schedule as Trump’s first criminal trial gets underway. The trip followed swings through battleground Pennsylvania during the court’s jury selection and Virginia on the first day of Trump’s trial.
Persons: Joe Biden, Donald Trump, , ” Biden deadpanned, Trump’s, Biden, Trump, Kennedy, grumble, , David Axelrod, Barack Obama, I’m, He’s, ” Axelrod, CNN’s Dana, Don ”, ” Biden, James Singer, it’s, , needling Trump Organizations: New York CNN, Republican, Trump, Micron, Biden, CNN, White Locations: Syracuse, New York, Manhattan, Florida, Pennsylvania, Washington, Syracuse , New York, America’s, Tampa , Florida, Virginia
CNN —Haiti’s Prime Minister Ariel Henry announced his resignation on Thursday, handing power over to a transitional council that will seek to gain control of the violence-ravaged nation. The Caribbean nation’s finance minister Michael Patrick Boisvert has been appointed as interim prime minister until a new government is formed, according to an X post from Henry’s office on Thursday. Ralph Tedy Ero/Reuters/FileA transitional council, composed of seven voting members and two non-voting observers, has been tasked with the responsibility of naming a new prime minister and cabinet. Henry announced in March his plans to step down once a decision on the country’s future leadership was made, and the transitional council was set up soon after. I don’t think that’s sunk in,” Jean-Martin Bauer, the World Food Programme’s country director for Haiti, told CNN last month.
Persons: CNN —, Ariel Henry, Henry, , , Michael Patrick Boisvert, Ralph Tedy Ero, ” Jean, Martin Bauer Organizations: CNN, CNN — Haiti’s, . Police, Prince, Caribbean, United Nations, UN Locations: Haiti, Caribbean, Port,
In the 21st Century, though, Buick, which celebrates its 125th anniversary this year, has been a quiet spot in GM’s North American brand strategy. Last year, Buick sales rose more than 60% in the US compared to 2022. The Buick Envista introduced last summer is, essentially, a modified version of the well-received Chevrolet Trax, GM’s cheapest crossover SUV. The 1938 Buick Y Job is generally considered the auto industry's first "concept car." Last year, Avenir models, which get some fancier interior materials, more features, and distinctive paint colors, made up almost a third of Buick sales, the highest levels yet, Aldred said.
Persons: Louis Chevrolet, , it’s, , Ivan Drury, Jason Barlow, Envista, Bob Boniface ,, Duncan Aldred, Drury, It’s, Buick, that’s, Aldred Organizations: CNN, Buick, GM, Riviera, Chevrolet Trax, GMC, Chevy, Cox Automotive, Cadillac, General Motors, Liverpool Locations: GM’s, China, the, America, Europe
New York CNN —When Minouche Shafik was announced as Columbia University’s president last year, she was called the “perfect candidate” by the chair of Columbia’s Board of Trustees. University of Pennsylvania president Liz Magill and Harvard University president Claudine Gay both stepped down in the wake of pressure over their response to antisemitism on campus. They say the crackdown on student protests, which resulted in more than 100 arrests, violated academic freedom. “I am here today, joining my colleagues and calling on President Shafik to resign if she cannot immediately bring order to this chaos,” Johnson said. Last week, Shafik authorized the New York Police Department to sweep the “Gaza Solidarity Encampment” on Columbia’s campus.
Persons: Minouche Shafik, Shafik —, Liz Magill, Claudine Gay, Shafik, Alexandra Ocasio, Cortez, Mike Johnson, , ” Johnson, , James Finkelstein, “ She’s, ” Finkelstein, Grayson Kirk, Kirk, Columbia’s Hillel, Robert Kraft Organizations: New, New York CNN, Columbia, Trustees, Representatives, World Bank, International Monetary Fund, Bank of England, London School of Economics, Hamas, College, University of Pennsylvania, Harvard University, New York Police Department, Democratic, Republican, George Mason University, ” Columbia’s, Police, NYPD, of Education, Harvard, Department, Education, ” New England Patriots Locations: New York, Israel, Vietnam, Harlem, Gaza, Columbia’s, Columbia,
Trump himself has continued to lobby for absolute immunity, including before his appearance at a New York court where he’s on trial for business fraud. Dreeben told Barrett that the indictment against Trump is substantially about private conduct, meaning that a trial could proceed even if the Supreme Court finds some immunity for Trump’s official actions. Liberal justices weren’t impressed with Trump’s absolute immunity claimsIt was pretty clear where the court’s three liberals will be when the opinion lands. With arguments over, focus shifts to timing for decisionThe arguments about Trump’s immunity claim are over. In the immunity case, the court already helped Trump by denying the special counsel request last December to leapfrog the appeals court and resolve the question quickly.
Persons: Donald Trump’s, Jack Smith carte, Trump, John Roberts, Roberts, didn’t, he’s, ” Roberts, skeptically, ” Trump, John Sauer, Sauer, Amy Coney Barrett, Justice Elena Kagan, Brad Raffensperger, Raffensperger, , Justice Barrett, Barrett –, Barrett, Smith, ” Barrett, Michael Dreeben, Dreeben, weren’t, Sonia Sotomayor, Elena Kagan, Ketanji Brown Jackson, Kagan, , that’s, ” Kagan, Jackson, ” Jackson, “ I’m, Alito, they’d, ” Alito, , Ty Cobb, Mark Meadows, Rudy Giuliani, Richard Nixon, Gore, Katelyn Polantz, Hannah Rabinowitz, Holmes Lybrand Organizations: CNN, Trump, Appeals, DC Circuit, Georgia, Republican National Committee, Arizona, Justice Department, Trump isn’t Locations: New York, Arizona, Michigan , Georgia, Nevada, Michigan, Washington
Meta’s A.I. But for investors, that’s not enough — and that’s a warning to other tech giants set to announce their own financial results in the coming days. That makes clear that while Wall Street loves the opportunities that A.I. The company plans to spend $35 billion to $40 billion this year — much of that on the technology — up from a forecast of $30 billion to $37 billion. It also expects second-quarter revenue to come in at $36.5 billion to $39 billion, below analyst estimates.
Persons: Meta’s, Meta, that’s, Mark Zuckerberg Organizations: Facebook, Wall, Meta
“In this kind of environment, that’s actually pretty quick,” said Kyle Nordfors, a volunteer search and rescue worker. He was operating one of the drones, made by the Chinese company DJI, which dominates sales to law enforcement agencies as well as the hobbyist market in the United States. But if DJI’s drones are the tool of choice for emergency responders around the country, they are widely seen in Washington as a national security threat. DJI is on a Defense Department list of Chinese military companies whose products the U.S. armed forces will be prohibited from purchasing in the future. As part of the defense budget that Congress passed for this year, other federal agencies and programs are likely to be prohibited from purchasing DJI drones as well.
Persons: , Kyle Nordfors Organizations: Defense Department Locations: Utah, United States, Washington
New York CNN —US stocks sank Thursday morning after the latest GDP report showed that US economic growth slowed to 1.6% in the first quarter of the year, a much weaker pace than expected. “This report was the worst of both worlds: economic growth is slowing and inflationary pressures are persisting,” wrote Chris Zaccarelli, chief investment officer at Independent Advisor Alliance, in a note Thursday morning. Economic growth appears to be floating back down to earth after notching a very strong second half of 2023. GDP grew by 4.9% and 3.4% in the third and fourth quarters of last year. Those sticky inflation rates have pushed investors to slash their expectations for interest rate cuts by the Fed.
Persons: Dow, , Chris Zaccarelli, They’re, It’s, stagflation, Jamie Dimon, “ Stagflation, , we’ve, Ben Carlson Organizations: New, New York CNN, Nasdaq, Federal Reserve, Independent, Alliance, Fed, Economic, of New, JPMorgan, Ritholtz Wealth Management, Tech, Meta, Microsoft, Amazon Locations: New York, of New York
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