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☆ Debt default would be ‘catastrophic’ event that could kill millions of American jobs, Moody’s warns
▼ + stars: | 2023-03-07 | by ( Matt Egan | ) edition.cnn.com time to read: +3 min

New York CNN —A breach of the US debt ceiling risks sparking a 2008-style economic catastrophe that wipes out millions of jobs and sets America back for generations, Moody’s Analytics warned on Tuesday. “A default would be a catastrophic blow to the already fragile economy,” Zandi said in prepared remarks to be delivered during a Senate subcommittee hearing on Tuesday. Citing concerns about America’s mountain of debt, Republicans have called for steep cuts to federal spending in exchange for raising the debt ceiling. Given the enormous stakes, Moody’s Analytics urged lawmakers to avoid playing chicken with US debt. “Lawmakers should put an end to the wrangling over the debt limit and increase it with no strings attached so future generations can enjoy the same benefits,” Zandi said in his prepared remarks.

☆ Three Years Into Covid, We Still Don’t Know How to Talk About It
▼ + stars: | 2023-02-22 | by ( Jon Mooallem | Photographs Ashley Gilbertson | ) www.nytimes.com time to read: +53 min

It will play out and reverberate for years or decades, Hagen told me. “The pathological normal,” Hagen calls it: a patchwork of homespun, bespoke realities, each one invested in a different story about what exactly happened when Covid ruptured the story of our lives. garb.”More than once, life seemed to be attaining “an uncanny resemblance to normal life,” as one man put it. But because we don’t totally understand where that experience has delivered us, we don’t know the right gloss to give it. “The days are strange,” one public-school teacher told Milstein toward the end of his first interview, in May 2020.

☆ Explainer: What's known about Tesla's "Project Highland"?
▼ + stars: | 2023-02-16 | by ( ) www.reuters.com time to read: +3 min

The automaker has not commented on the new version, codenamed Highland. With the new model, Tesla is aiming to cut production costs and boost the appeal of the five-year-old electric sedan, Reuters reported in November. Building permits filed with the city of Fremont concerning changes to its factory have referenced "Highland" since last June. Apart from the Cybertruck, it is the only new model that Tesla is retooling assembly lines for this year. Tesla fans and armchair analysts speculate that "Highland" could be a reference to Ford Motor Co's (F.N) Highland Park plant, where Henry Ford launched his moving assembly line.

☆ Inflation: Fed's Neel Kashkari says prices are still too high
▼ + stars: | 2023-02-07 | by ( Paul R. La Monica | ) edition.cnn.com time to read: +4 min

New York CNN —Neel Kashkari, president of the Federal Reserve Bank of Minneapolis, understands that consumers are still struggling to deal with high prices. Kashkari told CNN’s Poppy Harlow Tuesday that he knows first hand how expensive many consumer goods and services are. Job market strength fueling more inflationKashkari acknowledged that inflation pressures are easing, but said the Fed is still not comfortable with how high prices are, particularly for services. He told Harlow he’s penciling in short-term rates as high as 5.4% before pausing. It’s hard to have a recession when the job market is still so robust, he told Harlow.

☆ Biden heading to El Paso under Republican pressure to visit the border
▼ + stars: | 2023-01-05 | by ( Nicole Gaudiano | ) www.businessinsider.com time to read: +2 min

President Joe Biden will make his first visit as president to the US-Mexican border on Sunday. He will visit El Paso, Texas, where thousands of migrants have been crossing into the US. Republicans have been pressuring Biden to visit the border and some have said Homeland Security Secretary Alejandro Mayorkas should be impeached for failures there. Biden on Thursday is announcing new enforcement measures to boost border security and reduce the number of unlawful migrant crossings. He will visit El Paso before traveling to Mexico for the North American Leaders' Summit.

☆ Biden, ahead of border trip, says 'Republicans haven't been serious about this at all'
▼ + stars: | 2023-01-05 | by ( Nicole Gaudiano | ) www.businessinsider.com time to read: +4 min

President Joe Biden will make his first visit as president to the US-Mexico border on Sunday. Biden has been under GOP pressure to make the trip, but he says they haven't been serious about the issue. Biden will visit El Paso before traveling to Mexico for the North American Leaders' Summit. Absent congressional action, Biden on Thursday announced new enforcement measures to boost border security and reduce the number of unlawful migrant crossings. Republicans have been pressuring Biden to visit the border and some have said Homeland Security Secretary Alejandro Mayorkas should be impeached for failures there.

☆ Some Florida homeowners have to wait a year to fix hurricane damage, and that's only one of the many struggles they face
▼ + stars: | 2022-12-31 | by ( Alex Nicoll | ) www.businessinsider.com time to read: +5 min

Hurricane Ian was the second-costliest hurricane in US history, causing up to $65 billion in damage. Florida homeowners face other challenges, too, from rising insurance costs to suffering home values. In December, about three months after Hurricane Ian struck the Gulf Coast of Florida, the sounds of construction rung out in one community. Meanwhile, roofers are overstretched, said Mike Silvers, the director of technical services of the Florida Roofing and Sheet Metal Contractors Association. Out-of-state contractors both have to learn Florida's code and become licensed in the state in order to do any roofing work.

☆ Joe Biden's biggest successes and failures in his second year in office
▼ + stars: | 2022-12-31 | by ( Nicole Gaudiano | Brent D. Griffiths | ) www.businessinsider.com time to read: +15 min

His second year in office was marked by historic legislative achievements despite Democrats' razor-thin majority in Congress. Here are some of the highs and lows from Biden's second year:Success: UkrainePresident Joe Biden talks with Ukrainian President Volodymyr Zelenskyy outside the White House. Conservative New York Times columnist Bret Stephens in September called the "staggering gains" by Ukrainian forces "a victory for Joe Biden, too." Universal pre-K was included in a sweeping spending plan passed by House Democrats until their Senate colleagues cut that out too. Failure: InflationPresident Joe Biden arrives for an event focused on inflation and the supply chain at the Port of Los Angeles in June.

☆ Georgia woman’s death that authorities said appeared ‘personal and targeted’ was a suicide, autopsy reveals
▼ + stars: | 2022-11-19 | by ( Tim Stelloh | Tim Stelloh Is A Breaking News Reporter For Nbc News Digital. | ) www.nbcnews.com time to read: +3 min

A Georgia woman whose mysterious death was initially described by authorities as a "personal and targeted" killing was found to have died by suicide, officials said Friday. A spokeswoman for the state law enforcement agency said it provided the autopsy results to the sheriff’s office Thursday. The sheriff’s office also said it found no evidence linking her death to suicide. “At this time, the investigation is leading us to the proposition that Mrs. Collier’s death was personal and targeted,” the sheriff’s office said on Sept. 30. "This was the consensus of all of the agencies involved in the initial and ongoing investigation into Mrs. Collier’s death," he said.

☆ Missouri woman accused in fatal kidnapping planned to claim pregnant woman's baby as her own, authorities say
▼ + stars: | 2022-11-05 | by ( Tim Stelloh | Tim Stelloh Is A Breaking News Reporter For Nbc News Digital. | ) www.nbcnews.com time to read: +4 min

Waterman’s husband, Jamie Waterman, was charged with assisting his wife and trying to prevent her arrest, according to the documents. Jamie Waterman faces a maximum 15 year sentence. Bush later told him via text to pick her up at the same shop, according to the document. Jamie Waterman led authorities later Thursday to the charred remains, the affidavit says. A lawyer for Jamie Waterman declined to comment.

☆ U.S. job growth beats expectations in October, but cracks emerging
▼ + stars: | 2022-11-04 | by ( Lucia Mutikani | ) www.reuters.com time to read: +5 min

"The report to us looks like payroll jobs growth will falter in coming months as companies batten down the hatches as the Fed continues to take away the economy's punch." The survey of establishments showed nonfarm payrolls increased 261,000 last month. Still, the labor market remains tight, with 1.9 job openings per unemployed person at the end of September. The increase in the unemployment rate from 3.5% September reflected a 328,000 decline in household employment. "The hope is that the labor market is merely returning to a more normal pace, rather than sitting dead in the water."

☆ Iowa teens killed Spanish teacher over bad grade, prosecutors say
▼ + stars: | 2022-11-02 | by ( The Associated Press | ) www.nbcnews.com time to read: +3 min

DES MOINES, Iowa — Two Iowa teenagers killed their high school Spanish teacher last year because of frustration over a bad grade, prosecutors said Tuesday in court documents that for the first time reveal a possible motive. Investigators allege that one of the teens met with Graber at Fairfield High School on the afternoon of Nov. 2, 2021, to discuss their poor grade in her class. Graber later drove her van to a park where she was known to take daily walks after school, authorities say. “The poor grade is believed to be the motive behind the murder of Graber," court documents filed by Jefferson County Attorney Chauncey Moulding and Assistant Iowa Attorney General Scott Brown said. Iowa Supreme Court rulings require juveniles convicted of even the most serious crimes to be given a chance for parole.

☆ Game Three of World Series postponed due to inclement weather
▼ + stars: | 2022-11-01 | by ( ) www.reuters.com time to read: +2 min

[1/3] Oct 31, 2022; Philadelphia, PA, USA; The rain tarp on the field before game three of the 2022 World Series between the Philadelphia Phillies and the Houston Astros at Citizens Bank Park. John Geliebter-USA TODAY SportsOct 31 (Reuters) - Game Three of the World Series between the host Philadelphia Phillies and Houston Astros originally scheduled for Monday was postponed due to inclement weather and a forecast for sustained rainfall throughout the evening. The Astros were set to send right-handed pitcher Lance McCullers Jr. to the mound for Monday's game while the Phillies were going to counter with right-hander Noah Syndergaard. Phillies left-hander Ranger Suarez will now start Tuesday's contest while the Astros will stick with McCullers as their Game Three starter. A potential Game Six would be played on Saturday -- which would make it the latest World Series game in terms of date -- with a decisive Game Seven, if necessary, set for Sunday.

☆ Mississippi unveils Emmett Till statue near where white men kidnapped and killed Black teen decades earlier
▼ + stars: | 2022-10-22 | by ( The Associated Press | ) www.nbcnews.com time to read: +6 min

“It’s beautiful to be here,” said Webster, attending the ceremony on a sunny afternoon during a visit with Mississippi relatives. In 2007, a Mississippi prosecutor presented evidence to a grand jury of Black and white Leflore County residents after investigators spent three years re-examining the killing. This year, a group searching the Leflore County Courthouse basement found an unserved 1955 arrest warrant for “Mrs. Roy Bryant.” In August, another Mississippi grand jury found insufficient evidence to indict Donham, causing consternation for Till relatives and activists. The Till statue in Greenwood will be watched by security cameras.

☆ Mountain Girl’s heartbreaking memoir: An icon of the Sixties opens up about Jerry Garcia, Ken Kesey, and what the age of free love was really like
▼ + stars: | 2022-10-09 | by ( David Kushner | ) www.businessinsider.com time to read: +40 min

Now 76 and living in Oregon, Mountain Girl has gave us an exclusive look at her memoir. Altamont, the free concert that Mountain Girl and Jerry Garcia helped organized, was meant to revive the spirit of the Sixties. Today, 60 years since she took that ride with Neal Cassady, Mountain Girl is still forging her own path. Before I leave Kesey's farm, Mountain Girl and I walk outside to the old brown barn where Furthur now rests. But for Mountain Girl, it lives forever, an emblem of everything her generation believed in, and all that they achieved.

☆ Mom whose body was found in Georgia woods seemed "not afraid" in security video,
▼ + stars: | 2022-09-27 | by ( Tim Stelloh | Tim Stelloh Is A Breaking News Reporter For Nbc News Digital. | ) www.nbcnews.com time to read: +3 min

Among the items found with Collier’s body were a red tote bag and a partly burned blue tarp. Investigators obtained the security video after they got a tip that Collier's daughter was seen at the shop that Saturday, the sheriff's office said. A review of the video showed that Collier herself was there — not her daughter, the sheriff's office said. The state crime lab was still conducting an autopsy, the sheriff's office said last week. Collier's body was discovered after a late model van that she'd been driving was found unlocked and unoccupied at a road pullout, authorities said.

☆ No evidence slain mom who texted ‘They won’t let me go’ was kidnapped, authorities say
▼ + stars: | 2022-09-22 | by ( Tim Stelloh | Tim Stelloh Is A Breaking News Reporter For Nbc News Digital. | ) www.nbcnews.com time to read: +2 min

Investigators have also found no evidence linking the death of Deborrah Collier, 59, to suicide, the Habersham County Sheriff’s Office said in a news release. Neither the sheriff’s office nor Collier’s daughter immediately responded to requests for comment. Deputies found the van a short time later on the side of a state road in Clarkesville, the report says. The sheriff's office said an autopsy was being conducted by a state crime lab. The news release said that the investigation continues and that authorities executed search warrants at locations directly tied to Collier.

☆ Hurricane Fiona slammed into Puerto Rico on Sunday, prompting catastrophic floods and knocking out power across the island
▼ + stars: | 2022-09-19 | by ( Paola Rosa-Aquino | ) www.businessinsider.com time to read: +4 min

Hurricane Fiona made landfall in Puerto Rico's southwest coast on Sunday afternoon. "The damages that we are seeing are catastrophic," Puerto Rico Governor Pedro Pierluisi said on Sunday, per The Associated Press. "Catastrophic and life-threatening flooding" is forecast to continue across the majority of Puerto Rico, the National Hurricane Center said. After slamming into Puerto Rico on Sunday, Hurricane Fiona moved into the Dominican Republic on Monday morning. The National Hurricane Center said on Monday that "hurricane conditions" were expected to continue over portions of the Dominican Republic.

☆ Hurricane Fiona slams Dominican Republic after pounding Puerto Rico
▼ + stars: | 2022-09-16 | by ( ) www.cnbc.com time to read: +5 min

A man on a motorcycle rides past fallen power lines in the aftermath of Hurricane Fiona in Higuey, Dominican Republic, September 19, 2022. Ricardo Rojas | ReutersHurricane Fiona roared over the Dominican Republic on Monday after knocking out power across all of Puerto Rico, causing damage the governor said was "catastrophic." Flooded roads triggered a blackoutHurricane Fiona flooded roads and triggered a general black out as it touched Puerto Rico. Members of National Guard rescue a womanMembers of the Puerto Rico National Guard rescue a woman stranded in her house in the aftermath of Hurricane Fiona in Salinas, Puerto Rico September 19, 2022. People clear a road from a fallen treePeople clear a road from a fallen tree after Hurricane Fiona affected the area in Yauco, Puerto Rico September 18, 2022.

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