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It's time to chill with al the recession talk
  + stars: | 2023-02-06 | by ( Allison Morrow | ) edition.cnn.com   time to read: +8 min
New York CNN —In 2021, a bunch of economists and policy makers underestimated the inflation that was taking root around the world. In 2022, as inflation hit 40-year-highs and the Fed ramped up interest rates, many of those commentators went full-on gloomy — predicting a recession was all but inevitable. And that makes it hard, if not impossible, to imagine a recession anytime soon. “Any concern the economy is in recession or close to a recession should be completely dashed by these numbers,” Moody’s Analytics chief economist Mark Zandi told CNN on Friday. “The economy is further away from recession than ever,” wrote Christopher Rupkey, chief economist at Fwdbonds.
Up until his death in 2020, Jack “Murf the Surf” Murphy remained most famous for the 1964 burglary of the American Museum of Natural History in New York, which netted its perpetrators a bagful of precious gems, including the 563-carat Star of India sapphire. It was the kind of story people like to tell. And retell. “I’d kept reading story after story about Murf where there’d be 15 paragraphs about this heist,” says journalist Nate Scott . “And in the 16th paragraph it would be like ‘Oh, and then he was convicted for murder.’”The prominence of the burglary on Murphy’s résumé wasn’t entirely an accident, not according to “Murf the Surf,” the four-part documentary series directed by R.J. Cutler (“A Perfect Candidate”) and available on MGM+ (formerly EPIX).
WASHINGTON — Democratic members of Congress had harsh words for Elon Musk on Thursday night after Twitter suddenly suspended a number of high-profile journalists who have been covering the company and Musk, its billionaire CEO. In November, shortly after he took over Twitter, Musk tweeted that he would not ban the account. Musk tweeted Thursday night. "Ro Khanna is great," Musk tweeted in response to one of some of the Twitter files. Rep. Eric Swalwell, D-Calif., tweeted: "Twitter can suspend whoever it wants.
CNN —California has long been a leader among states, and even countries, in promoting a shift to electric cars, including with its plans to ban the sale of purely gas-powered cars by 2035. Opponents of the ballot initiative claim it’s really just an attempt by one tech company to benefit itself at the expense of other priorities. Opponents of the ballot initiative claim Lyft’s support is self-serving. But a rule like Prop 30, which would make it easier for just about anyone in California to buy an electric car, including Lyft drivers. And electric cars are too expensive for lower income residents to afford, so the financial support is needed, especially with sales of gas cars being banned in the future.
[1/2] Cargo ship 'Cosco Shipping Gemini' of Chinese shipping company 'Cosco' is loaded at the container terminal 'Tollerort' in the port in Hamburg, Germany, October 25, 2022. REUTERS/Fabian BimmerMUNSTER, Germany, Nov 2 (Reuters) - The United States “strongly suggested” that there be no controlling interest by China in a Hamburg port terminal, a senior U.S. State Department official said, adding that the final deal was adjusted in the end with a smaller share for Beijing. “The embassy was very clear that we strongly suggested that there’d be no controlling interest by China, and as you see when they adjusted the deal, there isn’t," a second senior State Department official said. The document points to "considerable risks that arise when elements of the European transport infrastructure are influenced and controlled by China - while China itself does not allow Germany to participate in Chinese ports." Reporting by Humeyra Pamuk in Munster, Germany Writing by Daphne Psaledakis in Washington; Editing by Jonathan Oatis and Matthew LewisOur Standards: The Thomson Reuters Trust Principles.
Central Press / Hulton Archive / Getty ImagesThen came Wallace’s son-in-law Grant Fox, a name that needs no introduction to anyone familiar with rugby. Both Wallace and Fox were individually honored during Queen Elizabeth’s reign for services to their sports. If that wasn’t enough family sporting heritage, Wallace’s brother and son – George and Gregory – both played first-class cricket for Auckland. “It’s pretty cool to be the third generation of my family to represent New Zealand,” Fox told CNN’s The Jazzy Golfer. Marty Melville / Getty ImagesNot playing his first tournament until 18, Fox was a late bloomer, but made up for lost time emphatically.
CNN —If all shows were animated like “The Simpsons,” networks wouldn’t need to strain to keep them alive. Yet live-action dramas come with shelf lives, which explains the CW’s twin attempts to extend two of its franchises with prequels: “Walker Independence,” a back-to-the-Old-West adjunct to its Texas Ranger reboot; and “The Winchesters,” a one-generation-back rekindling of the “Supernatural” flame. The main problem with “Walker” is the events that set the show in motion feel much better tailored to a limited series than an open-ended run. For now, “Walker Independence” (which, yes, will follow “Walker”) and “The Winchesters” come blessed with name recognition, but creatively speaking, first impressions say that the network has dipped into the prequel well twice too often. “Walker Independence” premieres October 6 at 9 p.m.
CNN —There are signs that the United Kingdom could be heading into a fall Covid-19 wave, and experts say the United States may not be far behind. A recent increase in Covid-19 cases in England doesn’t seem to be driven by a new coronavirus variant, at least for now, although several are gaining strength in the US and across the pond. Spector runs the Zoe Health Study, which uses an app to let people in the UK and US report their daily symptoms. After seeing a downward trend for the past few weeks, the Zoe study saw a 30% increase in reported Covid-19 cases within the past week. In the US, some models have predicted that Covid-19 cases will begin to rise again in October and continue to increase into the winter.
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