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At the time of her birth, abortion was illegal. Ms. Hopper did not return a call for comment this week. But she told her story in an online video posted by Protect Life Michigan, an anti-abortion advocacy group. According to Ms. Hopper, her mother sought medical care at a clinic in central Florida in 1955 because of bleeding and other complications. A nurse helped take Ms. Hopper to a hospital in Lakeland, Fla., where she survived several bouts of pneumonia.

Persons: Hopper’s, Hopper, “, Ms, ” Organizations: Protect Life Locations: Protect Life Michigan, Michigan’s Constitution, Florida, Lakeland, Fla

The July indictment accused Mr. Trump, Mr. De Oliveira and Mr. Nauta of trying to delete Mar-a-Lago security footage. The government had requested a trial date in December, while Mr. Trump’s lawyers asked for an indefinite postponement. Once he was sworn in as president, Mr. Trump reimbursed Mr. Cohen. Rather than publish her account, the tabloid suppressed it in cooperation with Mr. Trump and Mr. Cohen, prosecutors say. Ms. Maddock, who has close ties to Mr. Trump and is married to Matt Maddock, a state representative, accused Ms. Nessel of “a personal vendetta.”“This is part of a national coordinated” effort to stop Mr. Trump, she added.

Persons: Donald J, Trump, Trump’s, Jack Smith, Fani, Willis, Mr, Alvin L, Bragg, Rudolph W, Giuliani, Mark Meadows, —, “, ” Mr, Brad Raffensperger, Joseph R, Biden, Emily Kohrs, “ You’re, ”, Ms, Smith’s, Smith, Prosecutors, Mike Pence, Walt Nauta, Carlos De Oliveira, De Oliveira, Nauta, ’, Stormy Daniels, Michael D, Cohen, Daniels, Karen McDougal, McDougal, Bragg’s, Juan M, Merchan, “ Trump, Merchan’s, Cyrus R, Vance Jr, Daniels’s, Hope Hicks, Kellyanne Conway, Allen H, Weisselberg, Mimi E, Rocah, Letitia James, James, Donald Jr, Eric, Ivanka Trump, Michigan’s “, Dana Nessel, Meshawn Maddock, Maddock, Matt Maddock, Nessel, Wright Blake, Mayra Rodriguez, Kris Mayes, Richie Taylor, Maggie Haberman, Glenn Thrush, Jonah E, Rebecca Davis O’Brien, Michael Gold, Michael Rothfeld, Ed Shanahan, Richard Fausset, Ashley Wong Organizations: Mr, Democrat, New, New York City, White House, Department, Georgia Republican Party, Trump, The New York Times, Capitol, Federal, Court, Congress, Justice Department, Mar, Manhattan, National Enquirer, Trump Tower, U.S, National, Trump Organization, Trump National Golf Club Westchester, New York, Civil, Michigan, Michigan Republican Party Locations: Manhattan, Georgia, Fulton County, Lago, New York, United States, Washington, Palm Beach, Fla, Mar, Lower Manhattan, Westchester County, Michigan, Arizona, Bromwich

☆ Trial Opens for Men Accused of Aiding Plot to Kidnap Michigan’s Governor
▼ + stars: | 2023-08-23 | by ( Mitch Smith | More About Mitch Smith | ) www.nytimes.com time to read: +1 min

Unlike the men convicted in federal court, they are not charged with planning to participate in the kidnapping itself. They suggested the men were minor players who did not know much about the plans to harm Ms. Whitmer, were egged on by F.B.I. And it’s fair to keep that in your mind when you review all of the evidence.”But prosecutors said the defendants were aiding the leaders of the plot, Barry Croft and Adam Fox. Federal jurors found that Mr. Croft and Mr. Fox had planned to kidnap Ms. Whitmer and blow up a bridge leading to her home in order to disrupt the police response. Mr. Croft is serving a nearly 20-year prison sentence, and Mr. Fox is serving a 16-year sentence.

Persons: . Molitor, Whitmer, Kristyna, William Null, Barry Croft, Adam Fox, Croft, Fox, Ms Organizations: “ Locations: Antrim County, Detroit, Grand Rapids, Jackson, Mich

☆ How States Are Threading the Needle on Flag Design
▼ + stars: | 2023-08-17 | by ( Mitch Smith | Sarah Almukhtar | ) www.nytimes.com time to read: +11 min

But it found that changing a state flag to make it stand out from the crowd is not a simple process. How States Are Threading the Needle on Flag Design Mitch Smith reported on the Utah flag from Centerville, Orem and Salt Lake City. And they don’t look like any other state’s flag. A version of Maine’s 1901 flagIn Michigan, a lawmaker suggested a panel to consider new flag designs. Some Utahns have already adopted the new flag design, even though it doesn’t officially become the state flag until next year.

Persons: Mitch Smith, Sarah Almukhtar, Brad Holdaway, SuAnn Taylor, “ They’re, Mr, Holdaway, Utahns, of Jesus Christ, Spencer Cox, Cox, Kim Raff, The New York Times “, ” Ted Kaye, NAVA, ” Mr, Kaye, Elizabeth Goodspeed, ”, Goodspeed, “ Hope, Laura Scofield, Doris Turner, Illinois ’, doesn’t, Chad Saunders Organizations: Republican, Beehive State, of Jesus, Gov, The New York Times, American Vexillological Association, Texas, Lone, Capitol, Democrat, Lone Star State Locations: Utah, Centerville, Orem, Salt Lake City, U.S.A, Illinois, Maine , Michigan, Minnesota, California, Rhode Island’s, Nebraska, Texas, California’s, Carolina’s, Maryland , California, South Carolina, New Mexico, South Dakota, Florida, Louisiana, Louisiana . Mississippi, Mississippi, Maine, Michigan, Utah In Utah

CNN —Earnings season continues this week with Target, Walmart, TJ Maxx parent company TJX and other high-profile retailers set to release their quarterly results. That shift showed up in earnings results for retailers including Home Depot and Target earlier this year. US retail spending, which is adjusted for seasonality but not inflation, inched up in June but fell below economists’ expectations. Americans feel hopeful inflation is coolingAmericans are feeling more optimistic that inflation is trending down now and into the future. Consumer spending expectations ticked up from the month before but remain below levels seen during the past year, according to the report.

Persons: TJ Maxx, hasn’t, Christina Hennington, Doug McMillon, they’re, Matt Egan Organizations: CNN Business, Bell, CNN, Target, Walmart, TJ, Shoppers, Home Depot, Refinitiv, “, University of Michigan’s, Consumer, Federal Reserve Bank of New, Federal Reserve, AAA, Labor Locations: Federal Reserve Bank of New York, Russia, Saudi Arabia

☆ How much water is left in the Colorado River? Scientists and officials are scrambling to find out
▼ + stars: | 2023-08-14 | by ( Ella Nilsen | ) edition.cnn.com time to read: +7 min

It’s a remarkable turnaround that will give back billions of gallons of Colorado River water to millions of people in the Southwest, primarily in Arizona and Nevada. Snow-covered peaks near the headwaters of the Colorado River outside Winter Park, Colorado, in March. Scientists estimate that Colorado River flows have decreased by about 20% compared to the early 20th century. “There are tough choices ahead,” Becky Mitchell, the Colorado commissioner for the Upper Colorado River Commission, told CNN. Bill Hasencamp, the manager of Colorado River Resources for the Metropolitan Water District of Southern California.

Persons: It’s, Brenda Burman, “, Will Lanzoni, Jessica Lundquist, ” Lundquist, Jason Connolly, Jonathan Overpeck, ” Overpeck, you’ve, Brad Udall, Udall, ” Udall, We’ve, haven’t, “ What’s, ” Becky Mitchell, “ It’s, ” Burman, ”, Bill Hasencamp Organizations: CNN, Southwest, Central Arizona Project, of Reclamation, University of Washington, Rockies, Getty, University of Michigan’s School for Environment, Sustainability, Biden, UCLA, Colorado State University, Scientists, The Central, Commission, Colorado River Resources, Metropolitan Water Locations: Colorado, Arizona, Nevada, Rocky, University, Winter, , Colorado, AFP, Lake Mead, The Central Arizona, Scottsdale , Arizona, Phoenix, Metropolitan Water District, Southern California, Los Angeles

☆ US consumers are feeling less optimistic about the economy for the first time this summer
▼ + stars: | 2023-08-11 | by ( Bryan Mena | ) edition.cnn.com time to read: +3 min

Washington, DC CNN —Americans became slightly less optimistic about the economy this month, following two straight months of growing confidence. Sentiment had been on an upswing throughout the summer, mostly due to slower inflation, and is well above the record lows reached this time last year. Signs of cooling inflationGas prices, which are highly visible indicators of inflation for consumers, have risen in recent weeks, which could weigh on sentiment in the future. Still, consumers face the resumption of student loan payments later this year, and that could weigh on household budgets. US consumers opened up their wallets this summer, with many flocking to the smash-hit “Barbie” movie, attending concerts by Taylor Swift or Beyoncé, or traveling abroad.

Persons: “, ”, Joanne Hsu, Ryan Sweet, bode, Kieran Clancy, Barbie, Taylor Swift Organizations: DC CNN, University of Michigan, University of Michigan’s, University, Oxford Economics, Federal Reserve Bank of San, Pantheon, Consumer, Commerce Department, Federal, Atlanta Locations: Washington, June’s, Federal Reserve Bank of San Francisco, Michigan

☆ Ohio Issue 1 results: Voters reject effort that would make it harder to amend state constitution, CNN projects
▼ + stars: | 2023-08-08 | by ( Eric Bradner | ) edition.cnn.com time to read: +5 min

CNN —Ohio voters rejected Tuesday an effort to raise the threshold to amend the state’s constitution ahead of a November referendum on whether to constitutionally guarantee abortion rights there, handing abortion rights advocates a critical victory. The measure was a GOP-led effort targeting an upcoming November referendum in which voters will decide whether to enshrine abortion rights in the state’s constitution. Already, voters in two deep-red states, Kansas and Kentucky, have rejected efforts to limit abortion rights (though abortion is still banned in Kentucky). The Democratic push to enshrine abortion rights in Michigan’s constitution played a key role in the party’s victories there in the 2022 midterm elections. Among his Republican challengers is Ohio Secretary of State Frank LaRose, the state’s elections chief and the highest-profile proponent of Issue 1.

Persons: Ohioans, ”, Dennis Willard, Marcela Azevedo, we’ve, ” Azevedo, Roe, Wade, Joe Biden, ’, “ Ohioans, Mike DeWine, ” DeWine, John Kasich, Bob Taft, Kasich, “ I’ve, Democratic Sen, Sherrod Brown, Frank LaRose, LaRose Organizations: CNN, Ohio, GOP, Ohioans United, Reproductive Rights, Democratic, Ohio Republican, Republicans, Ohio Chamber of Commerce, Buckeye Firearms Association, Twitter, Protect, Senate, Republican Locations: Ohio, Columbus, “ Ohio, Kansas, Kentucky, Ohio Chamber of Commerce , Ohio, Protect Women Ohio

☆ 21 Donald Trump election lies listed in his new indictment
▼ + stars: | 2023-08-02 | by ( Daniel Dale | ) edition.cnn.com time to read: +12 min

The indictment of Trump on four new federal criminal charges, all related to the former president’s effort to overturn his defeat in the 2020 election, lays out some of those lies one by one. Even in listing 21 lies, the 45-page indictment does not come close to capturing the entirety of Trump’s massive catalogue of false claims about the election. The lie that the Justice Department had identified significant concerns that may have affected the outcome of the election. (Page 16)The indictment notes that Trump made this claim on his infamous January 2, 2021 call with Raffensperger, whose staff responded that the claim was inaccurate. The lie that Pennsylvania “want[s] to recertify.” (Page 38) Trump made this false claim in his January 6 speech.

Persons: Jack Smith, ”, Donald Trump, Trump, Trump “, “, Mike Pence, William Barr, Justice Department “, General’s, Pence, Brad Raffensperger –, –, Raffensperger, Jeffrey Rosen, Richard Donoghue, Barr, ” Trump, Mike Shirkey, State Barbara Cegavske, Republican –, Rusty Bowers, Sidney Powell, Powell, Rudy Giuliani, Bowers, Giuliani, general Rosen, Donoghue, Rosen, Justice Department couldn’t, Biden, recertify Organizations: Washington CNN, Capitol, Trump Electoral College, Justice Department, Biden, White, Trump, CNN, Republican, State, Arizona, Voting, Twitter, Dominion, Biden’s, Democratic Locations: Trump’s, Washington, Georgia, Pennsylvania, Detroit , Michigan, Nevada, Arizona, Fulton County , Georgia, Atlanta, Wisconsin

☆ US paychecks aren’t growing as quickly. That’s good for the Fed — but not for workers
▼ + stars: | 2023-07-28 | by ( Bryan Mena | ) edition.cnn.com time to read: +3 min

Wages and benefits paid to US workers rose 1% in the second quarter from the prior one, a slightly weaker pace than the 1.2% gain in the first three months of the year. The Employment Cost Index, a comprehensive measure of employers’ compensation costs, advanced 4.5% in the second quarter from a year earlier, a slower pace than the 4.8% rise earlier in the year. Monitoring the tight labor marketThe Fed is closely watching the state of the labor market because of the role that higher labor costs play in pushing up consumer prices. But the job market has cooled in the past several months as job openings declined while the share of people employed or seeking work increased, so some of those dynamics have been slowly unwinding. It remains to be seen whether inflation can drift all the way to 2% without a substantial weakening in the labor market.

Persons: paychecks, Friday’s, ”, Daniel Zhao Organizations: DC CNN, Bureau of Labor Statistics, Federal Reserve, Fed, University of Michigan’s Locations: Washington

☆ Americans continue to feel better about inflation and the economy
▼ + stars: | 2023-07-28 | by ( Bryan Mena | ) edition.cnn.com time to read: +4 min

Washington, DC CNN —US consumers have been feeling a whole lot better this summer as inflation has continued to slow. That’s a huge improvement from June 2022, when consumer sentiment fell to its lowest level on record and inflation reached a four-decade high of 9.1%. “However, sentiment for lower-income consumers fell.”Indeed, recent data continue to reflect inflation slowing. Consumer spending is the main engine of the economy, accounting for about two-thirds of output, and much of it hinges on the state of the labor market. The Fed certainly wants to see core inflation continue to decelerate, but Powell routinely points to the labor market not being balanced.

Persons: ”, Joanne Hsu, Lydia Boussour, Jerome Powell, ” Powell, Powell Organizations: DC CNN, University of Michigan, University of Michigan’s, Federal, National Association for Business Economics, Fed, “, Bureau of Labor Statistics Locations: Washington, EY

☆ US consumer confidence jumps to highest level since July 2021
▼ + stars: | 2023-07-25 | by ( Alicia Wallace | ) edition.cnn.com time to read: +4 min

Minneapolis CNN —High interest rates aren’t souring Americans’ moods: A key measurement of consumer confidence just shot up to a level not seen since July 2021. The Conference Board’s monthly Consumer Confidence Index hit 117 in July, rising from 110.1 the month before, according to new data released Tuesday. The Conference Board’s confidence index and the University of Michigan’s twice-a-month consumer sentiment index are two leading gauges of consumers’ attitudes toward the current and future strength of the economy. Consumer spending, which is a key driver of US economic activity, has eased somewhat in recent months but remains resilient. The Commerce Department on Friday will release the latest data on consumer spending alongside a critical inflation gauge for the Fed.

Persons: ”, Dana Peterson, “, Nathan Howard, ” Ryan Sweet, Chris Rupkey, FwdBonds, Barbie Organizations: Minneapolis CNN —, Conference Board, Washington , D.C, Bloomberg, Getty, University of Michigan’s, Oxford Economics, ‘ Times, Commerce Department, Fed Locations: Minneapolis, Georgetown, Washington ,, Michigan, America

The study — by Opportunity Insights, a group of economists based at Harvard who study inequality — quantifies for the first time the extent to which being very rich is its own qualification in selective college admissions. The result is the clearest picture yet of how America’s elite colleges perpetuate the intergenerational transfer of wealth and opportunity. Less than 1 percent of American college students attend the 12 elite colleges. For the several elite colleges that also shared internal admissions data, they could see other aspects of students’ applications between 2001 and 2015, including how admissions offices rated them. Share of admitted students who were recruited athletes at selected elite colleges Recruited athletes at elite colleges were much more likely to come from the highest-earning households.

Persons: ”, Susan Dynarski, Raj Chetty, John N . Friedman of Brown, David J . Deming, Christopher L, “, Neil Gorsuch, didn’t, Ivy, Dynarski, Pell, You’re, Michael Bastedo, Bastedo, John Morganelli, don’t, It’s, you’re, Jana Barnello, Stuart Schmill, “ It’s Organizations: Elite College, Ivy League, Opportunity, Harvard, Stanford, Duke, University of Chicago, Harvard Graduate School of Education, Princeton, Notre Dame, Public, University of Texas, University of Virginia, Fortune, University of Michigan, New York Times, Dartmouth, University of Michigan’s School of Education, Cornell, College Board, Brown, University of California Locations: M.I.T, America, Northwestern, N.Y.U, Austin, United States, California, U.C.L.A

☆ Business conditions are expected to improve as inflation slows
▼ + stars: | 2023-07-24 | by ( Bryan Mena | ) edition.cnn.com time to read: +4 min

Washington, DC CNN —American businesses are expected to fare better in the coming months, according to a survey of economists and analysts released Monday. A survey from the National Association for Business Economics released Monday showed that businesses have rejoiced in better economic conditions. Meanwhile, a majority of respondents reported that wages at their firms were unchanged — the first time more economists reported no wage gains than rising wages since 2021. The Fed doesn’t necessarily need a recession to do that, but some research suggests the labor market must cool further. The labor market is closely watched by Fed officials since higher labor costs feed into inflation.

Persons: haven’t, ”, Julia Coronado, Austan Goolsbee, cooldown, Brian Moynihan, bode Organizations: DC CNN, Federal Reserve, University of Michigan’s, Consumers, National Association for Business, Employers, Chicago Fed, Bank of America, Bureau of Labor Statistics, National Federation of Independent, Fed Locations: Washington

☆ Trump: Why a third indictment of the former president could be such a profound stain on his legacy
▼ + stars: | 2023-07-19 | by ( Stephen Collinson | ) edition.cnn.com time to read: +11 min

Smith has not tipped his hand over what charges Trump could face. Former Trump lawyer Ty Cobb told CNN’s Erin Burnett on Tuesday that any potential indictment relating to election interference ought to be viewed as a particularly historic stain. How a new indictment could impact the GOP presidential raceThe possibility of another indictment against Trump also raises new political questions. “If you notice recently, President Trump went up in the polls and was actually surpassing President Biden for reelection. A third indictment would also further fuse Trump’s legal campaign and political one.

Persons: Donald Trump, Trump, Jack Smith’s, Smith, who’s, –, “, ” Trump, Joe Biden, ”, Trump’s, Ty Cobb, CNN’s Erin Burnett, ” Cobb, J, Michael Luttig, Jack Smith, ” Luttig, Jeffrey Sloman, Dana Nessel, CNN’s Jake Tapper, Ron DeSantis, we’ll, I’ll, ” DeSantis, Nikki Haley, ” Haley, Kevin McCarthy –, Biden, ” McCarthy, he’s, he’d, Hillary, Aileen Cannon, Cannon, David Harbach Organizations: CNN, Justice Department, GOP, Democratic, Congress, Trump, Law, Southern, Southern District of, Democrat, Wolverine State, Florida Gov, ” Former South Carolina Gov, Fox News, Republican, Capitol, Oval, Republican National Convention Locations: Manhattan, Lago, Florida, Iowa, United States, Southern District, Southern District of Florida, ”, Trump’s, Georgia, Trump

Some will say the case is not broad or bold enough, that Mr. Trump and the other alleged national ringleaders should have been charged as well. Others will say Ms. Nessel cast too wide a net, pulling in low-level party functionaries who did not know better. Ms. Nessel got it just right, prosecuting crimes firmly within her jurisdiction, while opening the way for federal authorities to net even bigger fish. Ms. Nessel brought the same eight counts against all 16 defendants. Until now there have been no charges centered on the fake electors plot.

Persons: We’ve, Dana Nessel, Jack Smith, Donald Trump, Trump, Nessel Organizations: Department of Locations: Michigan

☆ What we know about the 16 fake electors charged in Michigan
▼ + stars: | 2023-07-18 | by ( Marshall Cohen | ) edition.cnn.com time to read: +5 min

Some of the GOP electors in Michigan were local activists who were recruited to serve as “fake electors,” all while inaccurately believing there was still a chance that then-President Donald Trump might secure a second consecutive term. CNN has reached out to the 16 fake electors for comment about the criminal charges. Here’s what we know about the 16 fake electors facing state charges. Meshawn Maddock, 55, was co-chair of the Michigan Republican Party during the 2020 campaign and is married to a GOP member of the Michigan House of Representatives. James Renner, 76, was also brought in later in the process to replace one of the original GOP electors.

Persons: ”, Donald Trump, Meshawn Maddock, Kathy Berden, Marian Sheridan, Kent Vanderwood, Stanley Grot, Amy Facchinello, Ann Henry, Michele Lundgren, “, we’d, Trump, …, ” Clifford Frost, John Haggard, Timothy King, Rose Rook, Mayra Rodriguez, Hank Choate, Sonny Perdue, Ken Thompson, Thompson, James Renner Organizations: CNN, Republicans, Republican National Committee, Trump, Michigan Republican Party, GOP, Michigan, Representatives, Republican National Convention, Wyoming City Council, 2nd District Republican Party, Genesee County Republican Party, Congressional, Republican, Democratic, Detroit Free Press, Michigan GOP Locations: Michigan, Washington ,, DC, Wyoming , Michigan, Grand Rapids, Wyoming, Shelby Township, Grand Blanc, Flint , Michigan, Genesee, Michigan’s, Lansing, Detroit, Macomb County, Van Buren County

Kelly Hanna’s leg was amputated on a summer day in 2020, after a Michigan doctor who called himself the “leg saver” had damaged her arteries by snaking metal wires through them to clear away plaque. Her podiatrist referred Ms. Hanna to Dr. Jihad Mustapha. Over 18 months, he performed at least that many artery-opening procedures on Ms. Hanna’s legs, telling her they would improve blood flow and prevent amputations. They didn’t — for Ms. Hanna or many of his other patients. An insurance company told state authorities that 45 people had lost limbs after treatment at his clinics in the past four years.

Persons: Kelly Hanna’s, Hanna, Dr, Jihad Mustapha, —, Mustapha Organizations: Surgeons, The New York Times Locations: Michigan

☆ Hill Harper, ‘Good Doctor’ Actor, Enters Senate Race in Michigan
▼ + stars: | 2023-07-10 | by ( Jazmine Ulloa | More About Jazmine Ulloa | ) www.nytimes.com time to read: +1 min

Hill Harper, an author and actor, on Monday entered Michigan’s 2024 Senate race, pledging to run to the left of Representative Elissa Slotkin, a moderate Democrat, in what is expected to be one of the most closely watched Democratic primary races in a 2024 presidential battleground state. Mr. Harper, a first-time candidate known for his roles on “CSI: NY” and “The Good Doctor,” began his campaign with a message focused on expanding Social Security and access to affordable health care, as well as tackling income inequality and student debt. In an interview, he said he planned to position himself as “the most progressive candidate” in the race and would work to bring jaded and unheard voters back into the Democratic fold. Donald J. Trump won this industrial Midwestern state by nearly 11,000 votes in 2016, and lost it to Joseph R. Biden Jr. by more than 150,000 votes in his 2020 re-election bid. Mr. Trump focused on the voting in Michigan in his efforts to subvert the 2020 election.

Persons: Hill Harper, Elissa Slotkin, Harper, ”, Donald J, Trump, Joseph R, Biden Organizations: Monday, Senate, Democratic, CSI, NY, Social Security, Washington , D.C, Michigan Statehouse Locations: Michigan, Washington ,, Washington

Those figures are now 20% at Berkeley Law and 15% at Michigan Law. The Association of American Law Schools on July 10 is convening a virtual conference focused on admissions in a post-affirmative action landscape, chaired by Berkeley Law dean Erwin Chemerinsky. Alongside strategies to recruit and admit diverse students, Zearfoss said the changing demographics of the law school applicant pool have helped Michigan Law bolster student diversity—good news for law schools now facing an affirmative action ban. The law school also prioritizes recruiting at events geared toward minority applicants and at college and universities with significant minority enrollment, Zearfoss added. Michigan Law and Berkeley Law both voluntarily withhold information about each applicant's race to ensure they comply with their state laws, admissions officials said.

Persons: Sarah Zearfoss, Erwin Chemerinsky, Edward Blum, ”, Michigan’s Zearfoss, Zearfoss, Chemerinsky, “, ” Chemerinsky, Karen Sloan, Leigh Jones Organizations: U.S, Supreme, University of Michigan Law School, University of California, Berkeley School of Law, Berkeley Law, American Bar Association, Michigan Law's, ABA, Michigan Law, Association of American Law Schools, Berkeley, Fair Admissions, Harvard University, University of North, Asian, Fair, Association of American Medical Colleges, American Dental Association, Law, Thomson Locations: Michigan, California, American, Sarah Zearfoss , Michigan, University of North Carolina, U.S

☆ Bull market or fool's market? Investors say the latter
▼ + stars: | 2023-06-18 | by ( Krystal Hur | ) edition.cnn.com time to read: +10 min

Mega-cap tech stocks that were battered by rising interest rates in 2022 have also seen a huge boost this year. The Federal Reserve on Wednesday held interest rates steady but indicated that it could hike rates twice more this year. Tech stocks’ record runApple shares closed at a record high on Thursday, creeping closer to reaching a $3 trillion market capitalization. The rally’s next testDespite some bullish signs in the market, investors say the math isn’t adding up to a sustained rally — especially considering a possible recession looms on the horizon. The central bank last Wednesday paused interest rates and indicated that it could raise rates two more times this year.

Persons: Dow, ”, Amanda Agati, Wednesday’s, Stocks, Joe Biden, Dan Ives, “, ” Ives, Richard Steinberg, Jerome Powell, Agati, Sylvia Jablonski, Christopher Waller, Thomas Barkin, ” Waller, Sarah Henry, Henry, Here’s, Price, Refinitiv, Paul Eitelman, ” Eitelman Organizations: CNN Business, Bell, New York CNN, Apple, Nasdaq, PNC Financial Services, Management, “, Federal Reserve, Nvidia, Wedbush Securities, Microsoft, The Colony, Treasury, ”, Federal, Richmond Fed, Logan Capital Management, CPI, PPI, University of, Consumers, North America, Russell Investments, Wednesday, National Association of Realtors, Senate Locations: New York, what’s, Oslo

☆ Consumers feel better/worse about inflation, economy's direction
▼ + stars: | 2023-06-16 | by ( Bryan Mena | ) edition.cnn.com time to read: +3 min

Washington, DC CNN —Americans are feeling upbeat about inflation and the economy, according to the University of Michigan’s latest consumer survey released Friday. Consumers’ inflation expectations for the year ahead retreated for the second straight month, declining to 3.3% early this month from 4.2% in May. That’s good news for the Federal Reserve, which closely watches sentiment surveys to gauge the expectations consumers and businesses have for price hikes. “The sharp drop of short-term consumer inflation expectations points to another slowdown in the June CPI report, which will be out before the Fed’s next decision,” wrote Bill Adams, chief economist at Comerica Bank, in an analyst note. However, Federal Reserve Chair Jerome Powell said in his news conference this week that inflation expectations remain in check.

Persons: ”, Bill Adams, Jerome Powell, That’s, Christopher Waller Organizations: DC CNN, University of Michigan’s, Federal Reserve, Comerica Bank, Federal Reserve Bank of New, National Federation of Independent Business, Federal Locations: Washington, Federal Reserve Bank of New York, Norway

☆ 'Shooting Stars' review: How LeBron James became a star with an assist from his friends
▼ + stars: | 2023-06-02 | by ( Brian Lowry | ) edition.cnn.com time to read: +4 min

CNN —LeBron James continues paving the way for his post-basketball media career, this time by producing a superstar origin story adapted from his book, “Shooting Stars,” about how his hoops heroism came with an assist from a close-knit group of friends. Directed by Chris Robinson, the story is adapted from the book by James and “Friday Night Lights” author Buzz Bissinger, and previously served as the basis for the documentary “More Than a Game.”Sian Cotton, Romeo Travis, Dru Joyce III, Willie McGee, Coach Dru Joyce II and LeBron James, the real-life inspiration for "Shooting Stars." Where “Shooting Stars” merely glances the rim, ultimately, is the basketball sequences themselves, which rely too much on slow motion and don’t conjure much excitement. Heading directly to streaming via Peacock, “Shooting Stars” provides an earnest reminder that James didn’t spring from the ground a fully formed basketball phenom, but was rather shaped in part by the coaches, teammates, friends and mother that helped guide him. “Shooting Stars” premieres June 2 on Peacock.

Persons: LeBron James, ”, LeBron, Dru Joyce II, ” Wood Harris, Vincent –, Dermot Mulroney, I’m, Chris Robinson, James, Buzz Bissinger, ” Sian Cotton, Romeo Travis, Dru Joyce III, Willie McGee, Mookie Cook, Lil Dru, Caleb McLaughlin, Sian, Khalil Everage, Willie, Avery S, Wills, Jr, James ’, Savannah, Katlyn Nichol, pompously, “, ” Dru, There’s, James didn’t Organizations: CNN, NCAA, White Catholic, University of Oregon, lotto, James ’ Lakers, NBA Locations: Akron , Ohio

☆ 6 National Parks You Don’t Know About (But Should)
▼ + stars: | 2023-05-31 | by ( Emily Pennington | ) www.wsj.com time to read: 1 min

MAKE WAY FOR A MOOSE A hiker in Michigan’s Isle Royale National Park yields the right-of-way on the Minong Ridge Trail. Photo: Jim West/imageBROKER/ShutterstockWITH THEIR mile-deep sandstone canyons, glacier-polished granite domes and herds of charismatic megafauna, it’s no wonder that America’s national parks received nearly 312-million visits in 2022. A staggering 25% of those visitors descended upon just nine of the Park Service’s 424 designated areas. Too often, these crowds funnel into narrow byways, creating headaches and traffic jams—and negating the very thing most parkgoers crave: solitude.

Persons: Jim West Locations: Isle

☆ The Fed’s favorite inflation gauge just heated up — and that could mean another rate hike
▼ + stars: | 2023-05-26 | by ( Alicia Wallace | ) edition.cnn.com time to read: +6 min

The closely watched core PCE index — where volatile components of food and energy are excluded — unexpectedly ticked up: The Fed’s go-to gauge was up 4.7% for the year. In March, the core PCE gauge grew by 4.6%. Economists had forecast that core PCE would hold steady at 4.6%, according to Refinitiv. Consumer spending jumped 0.8% in April from March, double what economists had expected. Excluding the effects of inflation, real consumer spending increased 0.5%, reflecting a boost seen from new car purchases, according to the report.

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