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☆ McCarthy’s Centrist Path Out of a Government Shutdown
▼ + stars: | 2023-09-29 | by ( Kaia Hubbard | ) www.usnews.com time to read: +9 min

But with a funding bill seemingly out of reach, all signs suggest that those entrenched positions will result in a long and painful government shutdown. And it may be enough to arouse a dormant group of centrists whose own interests favor a functional legislative branch. And adding to McCarthy’s bind is the pledge that conservatives will call for his ouster should he work with Democrats to avoid a shutdown. Moderate Republicans, flanked by House Democrats, seize upon the moment. Meanwhile, another possible path, however unlikely, appears open to willing Democrats and centrist Republicans.

Persons: It’s, Kevin McCarthy – beholden, naysayers, McCarthy, ”, John Pitney Jr, Kevin McCarthy, ” McCarthy, won’t, –, Matt Glassman, ” Glassman, “ MAGA, they’ve, Marjorie Taylor Greene, Hakeem Jeffries, appropriators, rousers, Karen Hult, “ Organizations: White, Democrats, Republicans, GOP, Claremont McKenna College, Caucus, Democrat, Republican, Senate Democrats, Moderate, House Democrats, Government Affairs Institute, Georgetown University, House Republican, Democratic, Senate, Virginia Tech, Freedom Caucus

☆ Tough issues to clear before EU membership talks with Ukraine -Hungary's Orban
▼ + stars: | 2023-09-29 | by ( ) www.reuters.com time to read: +2 min

BUDAPEST, Sept 29 (Reuters) - Hungarian Prime Minister Viktor Orban said on Friday that "very difficult questions" would need to be answered before the European Union could even start membership talks with Ukraine. EU countries are due to decide in December whether to allow Ukraine to begin accession negotiations, which would require the unanimous backing of all 27 members. "So I think we need to answer very long and difficult questions until we get to actually deciding about the start of accession talks," he said. Commenting on Orban's remarks, Ukraine's foreign ministry said it was positive "that the Hungarian Prime Minister is concerned about Ukraine's accession to the European Union". "We would like to inform that Ukraine has not changed its territory within its internationally recognised borders," the ministry added.

Persons: Viktor Orban, Orban, Krisztina, Yuliia Dysa, Mark Potter, Susan Fenton, Peter Graff Organizations: European Union, Ukraine, Diplomats, Hungarian, European, NATO, Thomson Locations: BUDAPEST, Hungarian, European, Ukraine, Hungary, Brussels, Moscow

☆ Can China's economy reverse a sluggish 2023 in the last quarter? Here's what to watch
▼ + stars: | 2023-09-29 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +7 min

In 2020, Beijing tried to rein in real estate developers' high reliance on debt with new restrictions on financing. "The decline in the real estate sector was the result of the government's intentional measures to correct the bubbles in the market," Yao said. But he and other economists mostly don't expect real estate to return to significant growth in the future. Morgan StanleyThis week, worries about China's real estate sector persisted with highly indebted Evergrande running into more liquidity problems — along with reports Wednesday its chairman has been put under surveillance. This month, weekly data from Nomura indicate the real estate sales slump has moderated.

Persons: Stringer, Yao Yang, Yao, Dan Wang, Morgan Stanley, Clifford Lau, William Blair, China's, Robin Xing, there's, Bruce Pang, Pang doesn't Organizations: Afp, Getty, National School of Development, Peking University, Hang, China Center for Economic Research, Communist Party, Financial Work, Communist Party of, Nomura, CNBC Locations: Chongqing, China, BEIJING, Covid, Beijing, Shanghai, Hang Seng China, Communist Party of China, JLL

New York CNN —California is raising the minimum wage for fast food workers, marking a hard-won victory for those workers and union organizers. The state’s current minimum wage is $15.50 an hour and will increase to $16 an hour on January 1. The new hourly wage for fast food workers will take effect on April 1 of next year. In that period, only the council may set wages for fast food workers. “We are confident that what’s outlined is going to dramatically improve conditions for the state’s half million fast food workers,” Henry said.

Persons: Gavin Newsom, Terry Chea, Newsom, ” Sean Kennedy, Mary Kay Henry, “, ” Henry, Henry, ” Anneisha Williams, Jack, Williams, it’s, “ I’m, …, ” Organizations: New, New York CNN, Service Employees International Union, Employees, California State Capitol, National Restaurant Association, SEIU, CNN Locations: New York, California, Los Angeles , California, Sacramento, Calif

☆ How Dumbledore Became Michael Gambon’s Most Recognizable Role
▼ + stars: | 2023-09-28 | by ( Julia Jacobs | ) www.nytimes.com time to read: +1 min

In the latter part of Michael Gambon’s long and storied acting career, some of the most animated analyses of his performances could be found not in theater or film reviews, but in forums for the “Harry Potter” fandom, where dedicated Hogwarts obsessives would dissect his every onscreen utterance as the wizard Albus Dumbledore. It wasn’t originally his role. Richard Harris, the eminent actor who was originally cast, died after filming the second “Harry Potter” movie. Several other well-known actors were initially considered to succeed Harris in the role, including McKellen, who demurred, and Peter O'Toole, who turned it down because of his long, close friendship with Harris. In the end the choice was Gambon, whose family said Thursday that he had died.

Persons: Michael Gambon’s, Harry Potter ”, Albus Dumbledore, Richard Harris, Harry Potter, Gambon, Alec Guinness, Obi, Wan, Ian McKellen, Gandalf, Harris, McKellen, Peter O'Toole, Harris’s Organizations: Hogwarts School of Witchcraft

The companies and the union remain far apart in negotiations, and the U.A.W. could expand its strikes to more locations as soon as Friday. Depending on how long the strikes last, it could exact a heavy toll on autoworkers and the three companies — General Motors, Ford Motor and Stellantis, the parent of Chrysler and Jeep. But the work stoppages could also be painful to drivers, car dealers and auto-parts suppliers. has struck only a small number of plants and warehouses, but the pain could worsen if work stoppages grow to include many more locations and last weeks or months.

Organizations: United Automobile Workers, Motors, Ford Motor, Chrysler, Jeep

☆ Detained reporter Evan Gershkovich's parents describe what it was like seeing him in Russia
▼ + stars: | 2023-09-28 | by ( Ramishah Maruf | ) edition.cnn.com time to read: +2 min

New York CNN —Wall Street Journal reporter Evan Gershkovich remains “defiant” six months after he was detained in Russia on spying charges, which he and the Journal strenuously deny, his mother told CNN’s Anderson Cooper Thursday night. “And I have to say, under all the circumstances, he’s doing really well.”Gershkovich’s parents have been able to go to Russia twice. In September, a Moscow court refused to hear an appeal against his pre-trial detention, leaving Gershkovich behind bars. His pre-trial detention has been extended twice since his arrest, once in May and again in August. An appeal against his first pre-trial detention was also denied.

Persons: Evan Gershkovich, CNN’s Anderson Cooper, “ He’s, ” Ella Milman, he’s, ”, Cooper, Mikhail Gershkovich, “, ” Gershkovich, Gershkovich’s, ” Milman, Danielle Gershkovich, “ It’s, Evan, Danielle, Gershkovich, Milman, Lynne Tracy Organizations: New, New York CNN, Wall Street Locations: New York, Russia, Soviet Union, United States, Washington, Moscow

☆ He's been at the same company for 50 years. Here's why he stayed so long and what he tells workers who want to jump from job to job.
▼ + stars: | 2023-09-28 | by ( Tim Paradis | ) www.businessinsider.com time to read: +6 min

Look a little closer and you see how long he's been with the telecom giant: 50 years and two months. Turner, who goes by Kip, has far outlasted most of us in how long he's stayed with the same company. Government figures from 2022 show that the median time US workers have been with their current employer is 4.1 years. And I think people may be afraid to do that — that they think you're unhappy. For example, he's traveled around the country to complete technical training, which has helped him keep pace with the technology.

Persons: Paul, Kip, Turner, —, Paul Turner, I've, they're, that's, It's, it'll, kiddos —, Clinton's, Kip Turner, He's, I'm, he's Organizations: Service, Bell Telephone Locations: Conway , Arkansas, Faulkner County , Arkansas, Little Rock , Arkansas, Hickory Ridge , Arkansas

Decision-making is key because the EU now requires unanimity on foreign and security policy, taxes, EU finances, some areas of justice and home affairs and social security and protection. EU agriculture policy would need to be revamped because the admission of agriculture powerhouse Ukraine would dramatically change current EU direct payments to farmers. A similarly major change would happen to the EU's regional policy, under which poorer EU members receive money to raise their standard of living. The agriculture and regional funds make up two thirds of the EU budget, which totals roughly 1% of the bloc's gross national income a year. The paper, which polarised EU governments when first discussed on Sept. 19, said some countries in the EU should be allowed to form closer cooperation than others, forming four tiers of European integration.

Persons: Laurence Boone, Anna Luhrmann, Tiago Antunes, Jan Strupczewski Organizations: Union, EU, Guiding, Franco, Political, Thomson Locations: BRUSSELS, Spanish, Murcia, Turkey, Ukraine, Moldova, Albania, Bosnia, Herzegovina, Montenegro, North Macedonia, Serbia, Georgia, Kosovo, EU, France

☆ I Spent Years Searching for the Perfect Tote, and This 3-in-1 Bag Has Stolen My Heart
▼ + stars: | 2023-09-27 | by ( Sarah Rose | ) www.wsj.com time to read: +4 min

So I was skeptical I’d find a do-it-all carryall—until the Cambelbak’s Pivot Tote Pack restored my faith. It feels like I’d spent my entire adult lifetime seeking out the perfect tote, and now the Pivot has at last replaced them all. As a native Midwesterner, I once kept an entire day’s worth of stuff in my car, swapping out shoes and outfits as the hours ticked along. Now car-free in New York, I leave home carrying an entire day with me in a large bag. The Pivot Tote and I have covered enough miles together—sometimes 20,000 steps in a day—that it has far outlasted my previous commuting companions.

Persons: Sarah Rose, I’d, it’s, wallop Organizations: tote Locations: New York

FTC Chairwoman Lina Khan testifies during a budget hearing of the House Energy and Commerce Subcommittee on Innovation, Data, and Commerce, April 18, 2023. Khan pointed to scale on Wednesday as a way Amazon leverages its power to dampen competition. Khan also explained the FTC's decision to define the market Amazon has monopolized as the online superstore. "We've had a whole set of antitrust cases that have succeeded when defining a market as the superstore market." This complaint applies that idea to the online world, Khan said, adding that there are functions that only an online superstore can serve through the "depth and breadth" of offerings.

Persons: Lina Khan, Khan, CNBC's Andrew Ross Sorkin, it's, We've Organizations: House Energy, Commerce, Amazon, Federal Trade, FTC, Yale, Intelligence Locations: U.S

BERLIN (AP) — Christian Thielemann has been chosen as the new general music director of Berlin's Staatsoper, months after Daniel Barenboim ended his three-decade reign, the city government said Wednesday. The 64-year-old German conductor will take the job at the Staatsoper, or State Opera, on Sept. 1, 2024. He moved on to serve as music director of Berlin's Deutsche Oper from 1997-2004 and of the Munich Philharmonic from 2004-11. Now 80, he was general music director from 1992 until he stepped down at the end of January, saying that his health had become too poor to carry on. Barenboim said in Wednesday's statement that he has known Thielemann since he was his assistant at the Deutsche Oper as a 19-year-old.

Persons: Thielemann, Daniel Barenboim, “, Joe Chialo, ”, Herbert von Karajan, Barenboim, Richard Wagner, Elisabeth Sobotka Organizations: BERLIN, Berlin's, Staatsoper, State Opera, Nuremberg’s, Deutsche Oper, Munich Philharmonic, Vienna Philharmonic, Richard Wagner Festival Locations: Berlin's Staatsoper, Berlin, Munich, Dresden, Bayreuth, “, East Berlin, Germany's

☆ Jeffrey Epstein leaves small mark on Wall Street
▼ + stars: | 2023-09-27 | by ( Jeffrey Goldfarb | ) www.reuters.com time to read: +4 min

U.S. financier Jeffrey Epstein appears in a photograph taken for the New York State Division of Criminal Justice Services' sex offender registry March 28, 2017 and obtained by Reuters July 10, 2019. Acquire Licensing RightsNEW YORK, Sept 27 (Reuters Breakingviews) - Wall Street is getting ready to move on from the Jeffrey Epstein saga. It ultimately has cost JPMorgan some $365 million in settlements, including Tuesday’s proposed resolution, while Deutsche is paying out $75 million. Some financiers linked to Epstein, who killed himself while in jail awaiting trial in 2019, also paid a price. He also reached a $63 million deal with the U.S. Virgin Islands to avoid any legal claims linked to the investigations.

Persons: Jeffrey Epstein, Epstein’s, Tuesday’s, Epstein, Billionaire Leon Black, Jes Staley, JPMorgan’s, Wall, Peter Thal Larsen, Sharon Lam Organizations: New York State Division, Criminal, Services, Reuters, REUTERS, Acquire, JPMorgan, United States Virgin, Deutsche Bank, Deutsche, Billionaire, Apollo Global Management, U.S . Virgin, Barclays, Thomson Locations: United, United States Virgin Islands

☆ Hyundai and Kia warn of potential fires in 3.3 million vehicles
▼ + stars: | 2023-09-27 | by ( Peter Valdes-Dapena | ) edition.cnn.com time to read: +3 min

The recall covers 1.64 million Hyundai models including 2012 through 2015 Hyundai Accents, 2011 through 2015 Elantras and 2011-2015 Genesis coupes. Hyundai and Kia are both part of the Hyundai Motor Group and their vehicles frequently share engineering. Kia and Hyundai owners are being advised to check NHTSA’s website to see if their specific vehicle is involved in this, or any, recalls. In 2022, owners of 500,000 Kia and Hyundai vehicles were also warned to park outside because a problem with anti-lock brake control electronics. In 2020, Kia recalled 295,000 vehicles because they could catch fire while driving because of fuel leaks.

Persons: they’re, Kia, Elantras, Sorentos Organizations: CNN, Hyundai, Kia, National, Traffic Safety Administration, NHTSA, Hyundai Motor Group Locations: United States

☆ 18,000-year-old stone tools are among the oldest found in the US, more evidence that humans lived in the Americas during the Ice Age
▼ + stars: | 2023-09-26 | by ( Jenny Mcgrath | ) www.businessinsider.com time to read: +5 min

Archaeologists found stone tools humans used to butcher animals in what's now Oregon. AdvertisementAdvertisementAncient hunters used a rock-shelter in the Oregon desert to butcher camels, bison, mountain sheep, and horses during the Ice Age. In 2012 and 2015, archeologists found blood-stained stone tools buried below teeth from the extinct animals. The stone tools were below fragments of animal teeth, and both were covered by volcanic ash. "It's a really high-quality tool stone," O'Grady said.

Persons: —, Patrick O'Grady, O'Grady, " O'Grady, Nancy Pobanz, Thomas W, Stafford , Jr, it's Organizations: Service, University of Oregon Museum of Natural, Age Swiss, Swiss Army, US, Coopers Locations: what's, Oregon, Mount St, Helens, Swiss, North America, Siberia, Canada, Idaho, Rimrock, Paisley, North, South America

☆ Trump kept a 'hit list' with pictures of the Republicans who voted to impeach him on his White House desk, Cassidy Hutchinson says in new book
▼ + stars: | 2023-09-26 | by ( Brent D. Griffiths | ) www.businessinsider.com time to read: +3 min

Cassidy Hutchinson said she was asked to make a "hit list" of the Republicans who voted to impeach Trump. Hutchinson said White House chief of staff Mark Meadows asked her to make a chart with their photos. Trump then kept the chart of the 10 House Republicans on the Resolute Desk. Hutchinson wrote that Trump then kept the list of the disloyal Republicans close by. In particular, he made it his mission to drive out the 10 House Republican lawmakers who voted to impeach him and the 7 Republican senators who later supported his conviction.

Persons: Cassidy Hutchinson, Trump, Hutchinson, Mark Meadows, —, Donald Trump, Meadows, Mark, Joe Biden, David Valadao, Dan Newhouse, Mitch McConnell, Richard Burr of, Pat Toomey, Sen, Ben Sasse, Mitt Romney, Romney, Rather Organizations: Republicans, White, Service, Capitol, Republican, White House, GOP, Trump, Senate, Pennsylvania, University of Florida Locations: Sens, Richard Burr of North Carolina, Nebraska, Utah

At one point, the indictment said, Menendez Googled the phrase "price of a kilo of gold." "People are salivating at the opportunity to have an open Senate seat, which might lead to an open congressional seat, which might lead to an open state Senate seat, which might call into question who might be the state Senate president," Harrison says. Democratic members of Congress from neighboring states – including a Latina, Rep. Alexandria Ocasio-Cortez, have called on Menendez to resign. "It is hard for me to believe that Sen. Menendez can be effective in his job, given these allegations. But I think I want to get back and talk to my colleagues on the Foreign Relations Committee before I recommend a path forward for Sen. Menendez,” Sen. Chris Murphy, Connecticut Democrat, told MSNBC in an interview on Sunday.

Persons: Andrew Cuomo, Cuomo, Anthony Weiner wasn't, Weiner, –, Nancy Pelosi, Sen, Bob Menendez, Jersey pols, Brandon Rottinghaus, Menendez –, Menendez, Nadine, Fidel Castro, Menendez's, Robert Menendez Jr, Phil Murphy, Andy Kim, Murphy, Brigid Harrison, Harrison, Alexandria Ocasio, Summer Lee of Pennsylvania, John Fetterman of, Donald Trump, ” Sen, Chris Murphy, Mark Kelly, Pelosi, didn't, Joe Biden, James Traficant, Traficant, Gary Condit, Chandra Levy, Condit, George Santos, ” Santos, they’re, ”, Rottinghaus Organizations: Democratic, New, Twitter, Bob Menendez of New, Senate Foreign Relations, University of Houston, Foreign, Prosecutors, Foreign Relations, Banking, Housing, Urban Affairs Committee, Gov, Democratic Party, Montclair State University, Latina, Connecticut Democrat, MSNBC, United State Senate, Arizona Democrat, CBS, James Traficant , Ohio Democrat, House, Capitol Locations: New York, Bob Menendez of, Bob Menendez of New Jersey, Jersey, New Jersey, Union City , New Jersey, Cuba, Alexandria, Cortez, John Fetterman of Pennsylvania, Connecticut, Arizona, James Traficant , Ohio, California, Rock Creek

☆ Hedge funds boost bearish bets on US equities amid market jitters
▼ + stars: | 2023-09-25 | by ( Carolina Mandl | ) www.reuters.com time to read: +2 min

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., August 15, 2023. REUTERS/Brendan McDermid/File Photo Acquire Licensing RightsNEW YORK, Sept 25 (Reuters) - Hedge funds increased their bearish bets mainly on U.S. stocks last week when the major stock indexes plunged, Goldman Sachs (GS.N) showed in a report. The bank said its clients mostly added short positions while also getting rid of long positions. Hedge funds added short positions mainly in so-called macro products, including equity index and exchanged-traded funds, the bank said. Goldman Sachs also said hedge fund managers decided to unwind risk last week, mostly by selling long equity positions.

Persons: Brendan McDermid, Goldman Sachs, Goldman, Carolina Mandl, Richard Chang Organizations: New York Stock Exchange, REUTERS, Nasdaq, The Bank of Japan, Carolina, Thomson Locations: New York City, U.S, Japan, New York

☆ NFL roundup: Dolphins score 70 points in routing Broncos
▼ + stars: | 2023-09-25 | by ( ) www.reuters.com time to read: +10 min

Russell Wilson completed 23 of 38 passes for 306 yards with a touchdown and an interception for the Broncos (0-3), who lost three turnovers. Justin Herbert completed 40 of 47 passes for 405 yards and three touchdowns for the Chargers (1-2). Kirk Cousins completed 32 of 50 passes for 367 yards, three touchdowns and an interception for Minnesota (0-3). Desmond Ridder, under constant pressure from the Lions defense, completed 21 of 38 passes for 201 yards. Trevor Lawrence completed 27 of 40 passes for 279 yards, one touchdown and one interception for the Jaguars.

Persons: Achane, Nathan Ray Seebeck, Raheem Mostert, Tua Tagovailoa, Tagovailoa, Tyreek Hill, Russell Wilson, Kenneth Murray Jr, Justin Herbert, Keenan Allen, Mike Williams, Kirk Cousins, Justin Jefferson, Cousins, Murray, Joshua Dobbs, Dobbs, Jonathan Gannon, Dak Prescott, Tony Pollard, Prescott, Kyzir White, Deshaun Watson, Amari Cooper, Elijah Moore, Ryan Tannehill, Derrick Henry, Cleveland's Myles Garrett, Tannehill, Jared Goff, Goff, Lions wideout Amon, Ra St, Brown, Sam LaPorta, Desmond Ridder, Bijan Robinson, Jordan Love, Love, Rashan Gary, Carr, Blake Grupe, Derek Carr, Jameis Winston, Andrew Beck, Stroud, Tank Dell, Brevin Jordan, Dameon Pierce, Blake Cashman, Will Anderson, Trevor Lawrence, Tank Bigsby, Christian Kirk, Travis Etienne Jr, Sam Howell, Josh Allen, Stefon Diggs, Terrel Bernard, Howell, Matthew Judon, Mac Jones, Ezekiel Elliott, Zach Wilson, Judon, Mekhi Becton, Wilson, Matt Gay's, Lamar Jackson's, Zack Moss, Moss, Gardner Minshew, Anthony Richardson, Jackson, Patrick Mahomes, Isiah Pacheco, Mahomes, Jerick McKinnon, Travis Kelce, Justin Fields, Fields, Kenneth Walker III, Jason Myers, Walker, Seattle's Geno Smith, Jake Bobo, DK Metcalf, Andy Dalton, Bryce Young, Dalton, Adam Thielen Organizations: Miami Dolphins, Denver Broncos, Miami, Broncos, Chargers, Vikings, Minnesota, Cardinals, Cowboys, NFL, New York Giants, New York Jets, Browns, Tennessee, Lions, Falcons, Detroit, Atlanta, Packers, Saints, Green, New, Lambeau, Texans, Jaguars, Jacksonville, AFC, Houston, Bills, Buffalo, Patriots, Jets, The Patriots, AFC East, Denver, New York, Colts, Ravens, Baltimore, Indianapolis, Chiefs, Bears, Kansas City, skidding Chicago . Kansas City, Chicago, Seahawks, Panthers, Seattle, Carolina, Thomson Locations: Miami Gardens , Florida, USA, Miami Gardens, Fla, Miami, Los Angeles, Minneapolis, T.J, Arizona, Dallas, Glendale, Ariz, Cleveland, Tennessee, New Orleans, Green, C.J, Houston, Washington, New England, New York, East Rutherford, N.J, Kansas, Indianapolis, skidding Chicago .

Notre Dame needed one stop to beat then-No. 6 Ohio State for the first time since 1936, and yet it couldn't finish the job. We've got to finish that game.”Chalk it up as yet another learning experience for the second-year Irish coach and his players. Political Cartoons View All 1176 ImagesA year ago, Freeman lost his first two games, at Ohio State, his alma mater, followed by an inexplicable home loss to Marshall. Notre Dame also wound up as one of three teams Stanford beat.

Persons: Marcus Freeman's, Notre Dame, ” Freeman, “, We've, Freeman, Marshall, Notre, Sam Hartman, Hartman, Lou Holtz, Tim Brown, Rico Flores, Kyle McCord, couldn't, ” Organizations: Notre, Ohio State, Buckeyes, Irish, Associated Press, Notre Dame, Stanford, Rico Flores Jr, AP Locations: Ind, Credit, Flores, Ohio

☆ Donald Trump once told Mark Milley no one wanted to see a disabled vet who had been severely wounded in Afghanistan, report says
▼ + stars: | 2023-09-24 | by ( Alia Shoaib | ) www.businessinsider.com time to read: +3 min

Donald Trump once belittled a disabled veteran at a military ceremony, The Atlantic reported. The veteran had been asked by Gen. Mark Milley to sing "God Bless America" at an event in 2019. AdvertisementAdvertisementWhen Avila finished his performance, Milley claimed that Trump said to him: "Why do you bring people like that here? But Milley, who is due to retire this month, has invited Avila to sing at his retirement ceremony, The Atlantic reported. At the welcome ceremony Trump said he had "absolute confidence" that Milley "will fulfill his duty with the same brilliance and fortitude he has shown throughout his long and very distinguished career."

Persons: Donald Trump, Mark Milley, Milley, Trump's, Luis Avila, Avila, Mike Pence, Milley's, Trump Organizations: Service, Joint Chiefs, Staff, Armed Forces, Joint Base Myer, Henderson, Trump, USA, Fake Locations: Wall, Silicon, Afghanistan, Arlington , Virginia, China, United States

☆ Defeating inflation without high unemployment is still unlikely
▼ + stars: | 2023-09-24 | by ( Bryan Mena | ) edition.cnn.com time to read: +6 min

And the US economy’s surprising resilience, despite 11 rate hikes, has raised hopes of a soft landing becoming a reality. “I’ve always thought that the soft landing was a plausible outcome, that there was a path to a soft landing,” he said. But historical records show that a soft landing has only occurred once in the 1990s, or perhaps even a handful of times. The US Commerce Department releases its final estimate of second-quarter gross domestic product. The US Commerce Department releases August data on household income, spending, and the Fed’s preferred inflation gauge.

Persons: it’s, Jerome Powell, Powell, “ I’ve, ”, “, Powell’s, ” “ Jerome Powell, ” Quincy Krosby, Krosby, ” Krosby, Matt Egan, ” Neil Bradley, “ We’ve, Read, Christine Lagarde, Michelle Bowman, Austan Goolsbee, Lisa Cook, John Williams Organizations: CNN Business, Bell, DC CNN, Fed, LPL, CNN, Corporate, US Chamber of Commerce, European Central Bank, Costco, Global, Board, Survey, US Commerce Department, Micron, Nike, US Labor Department, National Association of Realtors, Carnival Corp, University of Michigan, New York Fed, China’s National Bureau of Statistics Locations: Washington

☆ Fall equinox: Why the first day of fall isn’t as equal as you might think
▼ + stars: | 2023-09-23 | by ( Forrest Brown | ) edition.cnn.com time to read: +10 min

If you reside in the Northern Hemisphere, you know it as the fall equinox (or autumnal equinox). Technically, your location on the globe also determines the local time and even the date you experience the fall equinox. Here are the answers to some fall equinox questions:Where does the word ‘equinox’ come from? From the CNN Fast Facts file: The term equinox comes from the Latin word equinoxium, meaning “equality between day and night.”Precisely when will the fall equinox happen? Ryan K. W. Lai/ShutterstockAll around the world, the fall equinox has weaved its way into our cultures and celebrations.

Persons: There’s, King Mindaugas, Bridge, Mindaugas Kulbis, Louis, what’s, ” Allison Chinchar, ”, ” Chinchar, Chinchar, It’s, Primrose, Aaron Chown, Hagar Qim, Chichén, El Castillo, Jantar, Ryan K, Arif Hudaverdi Yaman Organizations: CNN, Northern, Mexico City, Seattle, NASA, Northern Hemisphere, Autumnal, Coto Japanese Academy, Anadolu Agency, • Locations: Alaska, Canada, Scandinavia, King, Vilnius, Lithuania, Montreal, Richmond , Virginia, St, Mexico, Amsterdam, Split, Croatia, Dubai, Hong Kong, Tokyo, New York, Pole, London, United Kingdom, Malta, Yucatán, El, New Delhi, India, Victoria, Great Britain, Japan, Shintoism, Quito, Ecuador, Cairo, Egypt, Helsinki, Finland

I married my husband when we were both 21 years old. We sold our first house for twice what we paid for it, and I found a way to make my English degree pay. We always wait for movies to leave theaters before we see them, and we've walked miles to avoid paid parking. This mindset has saved us a lot of money through the years, even as it shifted from survival strategy to muscle memory. Because honestly, I am pretty sure those younger, hungrier versions of ourselves are the ones who got us here.

Persons: He's, it's, we've, Harry Potter Organizations: futon

☆ Corporate America to DC: Don’t shut down the government
▼ + stars: | 2023-09-22 | by ( Matt Egan | ) edition.cnn.com time to read: +7 min

“Nobody wins in a government shutdown,” said one executive at a business group who requested anonymity to speak candidly. ‘It’s not good for business’A shutdown may not be an especially dramatic event for the stock market or deal a sizable blow to GDP. It’s not good for business – or consumer confidence,” another trade group executive told CNN. It’s unfortunate.”Markets usually don’t careWall Street is not overly worried about the potential damage to the economy at large nor the stock market. During half of those shutdowns, the stock market posted positive returns.

Persons: ” Neil Bradley, “, ”, “ We’ve, ’, Chuck Robbins, Robbins, ‘ It’s, Geoff Freeman, Bradley, it’s, Mitch McConnell, shutdowns, ” Bradley, “ It’s, Keith Lerner, Goldman Sachs, couldn’t Organizations: New York CNN Business, Corporate, US Chamber of Commerce, CNN, Cisco, US Travel Association, US Travel, ”, Federal Reserve, Labor Statistics, Publicly, Democrats, Privately, GOP, House GOP, Republicans, Chamber, Advisory, Commerce Locations: Washington

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