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A season that began on the injured list could end the same way for star San Francisco 49ers running back Christian McCaffrey. After McCaffrey exited the 49ers’ 35-10 loss at Buffalo in Week 13 in the second quarter Sunday night and never returned, San Francisco coach Kyle Shanahan told reporters he had injured the posterior cruciate ligament in a knee. With five games left on the schedule, McCaffrey’s injury could be season-ending, Shanahan added. Losing McCaffrey to start the season and potentially to end it, as well, is a significant blow. Without McCaffrey for the majority of the season, the 49ers have stumbled to a 5-7 record.
Persons: Christian McCaffrey, McCaffrey, Kyle Shanahan, Shanahan, Achilles, Ed, , ” Ed McCaffrey, Ross Tucker, Francisco standouts, Brandon Aiyuk, Deebo Samuel, George Kittle Organizations: San Francisco 49ers, 49ers, Buffalo Locations: San Francisco, Germany, Francisco
CNN —Donald Trump is returning to the White House, and the stock market is loving it. ‘The regime change’For now, stock market investors don’t seem bothered by the jump in bond yields or these inflationary or debt concerns. “The stock market jumped for joy that the election results were definitive, thus averting a contested election. Of course, market veterans say they wouldn’t be surprised to see the stock market eventually display concern about tariffs and inflation under Trump. That could pose a number of problems for the economy and the stock market.
Persons: Donald Trump, Trump, shockwaves, , David Kotok, Stephanie Roth, Roth, ” Roth, Sau Loeb, Kamala Harris, Harris, Jeff Buchbinder, , Kotok, it’s, ” Kotok, They’re, Freddie Mac, , Ed Yardeni, Yardeni, It’s, , BTIG’s Isaac Boltansky Organizations: CNN, White, Dow Jones, stoke, Trump, Advisors, Wolfe Research, Treasury, US Treasury Department, Getty, Wall Street, LPL, Fed, Stock Locations: Big, Washington , DC, Washington
Trump launched an extraordinary spat with Labour on Wednesday, claiming through a lawyer they had been interfering in the election. But this week’s spat throws renewed scrutiny on the complicated and delicate “Special Relationship” between Britain and America. ‘We’re in a different world’The Trump campaign’s broadside against the Labour Party stunned Westminster this week. But unlike President Joe Biden, Harris’ political career has not been built around foreign policy. It would come down to (Starmer) and to the Labour Party, whether they want it or not.”
Persons: London CNN —, Kamala Harris, Labour’s Keir Starmer, Harris, ” Claire Ainsley, ” Ainsley, Donald Trump, Trump, ” Ed Owen, , Nigel Farage, Liz Truss, Amanda Andrade, Rhoades, Reuters “, , Truss, Trump –, “ Harris, Keir, Josh Simons, Josh Freed, Starmer, , Mike Tapp, ” Simons, Joe Biden, “ She’s, Biden, ” Starmer, Ainsley, ” Ricky Vigil, Owen, ” Tapp, admiringly, Queen Elizabeth II, Freed, Germany’s Olaf Scholz, Australia’s Anthony Albanese, France’s Emmanuel Macron, ” Freed Organizations: London CNN, CNN, Labour, Progressive, Institute, Democratic, Democratic National Convention, NATO, Home Office, Foreign, Trump, Labour Party, Westminster, Conservative Political, Reuters, Republican National Convention, Climate, Democrat, “ Labour, Conservatives, Conservative, Kyiv Locations: Britain, London, Ukraine, America, Maryland, British, Washington, DC, Westminster Westminster, Israel, populists, Russia, United Kingdom
Warning: This article contains some spoilers for the show “Grotesquerie.”Travis Kelce made his acting debut Wednesday night as a flirtatious hospital attendant in Ryan Murphy’s “Grotesquerie,” a role that saw him court the protagonist into a budding affair. Aside from Kelce, the show also stars Courtney Vance, Lesley Manville, Nicholas Alexander Chavez and Raven Goodwin. Following mounting fan anticipation, Kelce finally appears in the show as Ed Laclan, a hospital orderly who gradually flirts his way into a date with Lois. As he and Lois strike up a playful conversation, Ed tells the detective, “You are oddly beautiful. Lois gets back on the road only to end up crashing her car and waking up back in the hospital.
Persons: ” Travis Kelce, Ryan Murphy’s “, , Taylor Swift —, Lois Tryon, Niecy Nash, Betts, Megan, Micaela Diamond, Courtney Vance, Lesley Manville, Nicholas Alexander Chavez, Raven Goodwin, Kelce, Ed Laclan, Lois, Redd, Ed, , she’s, ” Ed, haven’t, Jason Kelce, hadn’t, Donna Kelce, he’ll, Murphy, Kelce’s, Travis, ” Murphy, “ Everybody’s, ” Kelce Organizations: Kansas City Chiefs, Manville, Chiefs, NFL, FX, New Locations: , New York
The Pulitzer Prize-winning author Colson Whitehead said Thursday that he would not give the commencement address at the University of Massachusetts Amherst on May 18 as planned, citing the administration’s decision to call the police on campus protesters. “I was looking forward to speaking next week at UMass Amherst,” Mr. Whitehead wrote on the social network Bluesky. I have to withdraw as your commencement speaker. The school said that the ceremony would proceed without a commencement speaker. “We respect Mr. Whitehead’s position and regret that he will not be addressing the Class of 2024,” Ed Blaguszewski, a spokesman for the University of Massachusetts Amherst, said in a statement.
Persons: Colson Whitehead, , ” Mr, Whitehead, ” Michael Goldsmith, Ed Blaguszewski Organizations: University of Massachusetts Amherst, UMass Amherst
As the oldest GenZers reach marrying age in their mid-20s, they’re increasingly putting their own spin on nuptials, which includes letting go of some antiquated traditions. The Knot, a top wedding planning and wedding vendor marketplace, surveyed more than 9,000 couples in the US who either took the plunge last year, or are planning to in 2024, to understand evolving approaches that couples are taking to wedding planning. In terms of the total cost of the wedding, couples said they spent an average of $35,000 on their ceremony and reception in 2023, up from an average of $30,000 the prior year, according to The Knot. “Millennials and Gen Z are getting very creative in making these celebrations their own in new and interesting ways,” Chi said. Candles instead of flowers on the tables added elegance and also helped control costs, Dylan said.
Persons: New York CNN —, they’re, Gen, , Tim Chi, Ed Sheeran’s, Elvis Presley’s, , ” Osama Zayed, Ingrid, Helen H, Richardson, Elvis ’, ” Chi, RSVPs, “ Millennials, Caitlin, Dylan Spain, ” Caitlin, “ Dylan, ” Dylan, Dylan, Haley Richter, Caitlin didn’t, Edwin Torres, DeSantiago, Ricardo DeSantiago, Torres, Edwin, ” Edwin Torres, Maria Argueta, ” Edward, Edward, Harry Potter, ” chimed Ricardo Organizations: New, New York CNN, CNN, City, MediaNews, Denver Post, Central America, Mill City Museum, Historic Locations: New York, Denver , Colorado, Sea Isle City , New Jersey, Sea Isle City, Cape, Central, Minnesota, Mill, Minneapolis
Welcome to Ed Park’s Many-Layered World
  + stars: | 2023-11-02 | by ( Hamilton Cain | ) www.nytimes.com   time to read: +2 min
SAME BED DIFFERENT DREAMS, by Ed ParkJust after I’d registered for my first semester of college courses, I was meandering among a concourse of clubs and teams, fending off their grinning ambassadors, when a newspaper headline caught my eye: “U.S. Late in his lush, labyrinthine “Same Bed Different Dreams,” Ed Park recreates that moment, twisting the doomed flight’s number into a James Bond motif that resonates throughout the novel. Soon Sheen is an erstwhile Korean American writer turned lackey for GLOAT, a technology conglomerate. “Same Bed, Different Dreams” maps the arc of the mysterious Korean Provisional Government (or K.P.G. (Park’s novel and Echo’s nonfiction novel share a title, based on a Korean proverb and helpfully demarcated by Echo’s comma, the punctuation a possible allusion to the 38th parallel.)
Persons: Ed Park, Ronald Reagan’s, sabers, Ed, James Bond, Sheen, lackey, , , Drudge, swipes Organizations: Says Soviet, Korean, Jet, Korean Provisional Government Locations: Korean, GLOAT, NCD, Manhattan, Dogskill
So, Fed officials are divided, but it doesn’t really matter. Fed officials are still people, and as the saying goes, opinions are like bellybuttons in that everyone’s got one. Fed officials in that committee with voting power have the option to dissent, but it’s only happened twice this cycle. This year’s voters, which are Dallas Fed President Lorie Logan, Chicago Fed President Austan Goolsbee, Philadelphia Fed President Patrick Harker, and Minneapolis Fed President Neel Kashkari, will be rotated out next year. Up NextMonday: Fed officials Lorie Logan, Michael Barr and Phillip Jefferson deliver remarks.
Persons: Mary Daly, Michelle Bowman, , Biden, That’s, Michael Feroli, everyone’s, “ It’s, ” Feroli, Esther George, Ed Al, Hussainy, JPMorgan’s Feroli, It’s, Jerome Powell, John Williams, Lorie Logan, Austan Goolsbee, Patrick Harker, Neel Kashkari, Logan, Kashkari, Raphael Bostic, San Francisco Fed’s Daly, – CNN’s Elisabeth Buchwald, Michael Barr, Phillip Jefferson, Christopher Waller Organizations: CNN Business, Bell, CNN, Federal, San Francisco Fed, JPMorgan, Fed, Market Committee, Kansas City, Columbia Threadneedle Investments, Governors, New York Fed, Dallas Fed, Chicago Fed, Philadelphia Fed, Minneapolis Fed, San Francisco, Treasury, PepsiCo, The National Federation of Independent Business, US Labor Department, Federal Reserve, Delta, China’s National Bureau of Statistics, The University of Michigan Locations: San, Kansas, Columbia, Cleveland, Richmond, Atlanta, San Francisco, Walgreens
In early 2020, as the coronavirus spread, schools around the world abruptly halted in-person education. To many governments and parents, moving classes online seemed the obvious stopgap solution. In the United States, school districts scrambled to secure digital devices for students. Almost overnight, videoconferencing software like Zoom became the main platform teachers used to deliver real-time instruction to students at home. Now a report from UNESCO, the United Nations’ educational and cultural organization, says that overreliance on remote learning technology during the pandemic led to “staggering” education inequality around the world.
Persons: , Organizations: UNESCO, United Nations, Education Locations: United States
A Summer of Strikes
  + stars: | 2023-09-03 | by ( Molly Cook Escobar | Christine Zhang | ) www.nytimes.com   time to read: +7 min
A Summer of Strikes Work stoppages in the United States this year could reach heights rarely seen in recent decades. “Those are not just the big strikes that are in the news, but there are many smaller strikes across every industry,” said Kate Bronfenbrenner, a senior lecturer at Cornell University's School of Industrial and Labor Relations. Some, like Dr. Bronfenbrenner, see the resurgence of strikes and union organizing as a lasting trend. Surveys have shown increased public support for unions in recent years, she said, even as private sector union membership remains low. “When you have large strikes that are like waves across the country, they are contagious,” said Dr. Bronfenbrenner.
Persons: Jan, Ed, Ruth, Ronald Reagan, Joseph A, Reagan, McCartin, , Kate Bronfenbrenner, Bronfenbrenner Organizations: SAG, Verizon, General Motors, Railway, The New York Times, Hollywood, United Parcel Service, United Auto Workers, Ford Motor, City University of New York’s Graduate Center and School of Labor, Urban Studies, Gallup, Georgetown University, , Union, Mining, Arts, Retail, Public, Agriculture, Cornell University’s School of Industrial and Labor Relations, Cornell University's School of Industrial and Labor Relations Locations: United States, McCartin, walkouts
Consumers have more cash on hand now than before the pandemic, according to a July analysis from the JPMorgan Chase Institute. So, what do corporate earnings reveal about the health of the consumer? “The consumer is in good financial shape, particularly the premium consumer base that we target,” Ed Bastian, chief executive of Delta Air Lines (DAL), said last month. “Both the lower-income consumer and our higher-income consumers are showing really good strength,” said Brian Niccol, chief executive of Chipotle, during the company’s post-earnings call. “The macro effects of higher inflation and a slowing US economy have put increased pressure on the price-sensitive consumer,” said Chip Bergh, chief executive of Levi Strauss.
Persons: Taylor Swift’s, ” Ed Bastian, , Robert Jordan, “ We’re, Laxman Narasimhan, Chipotle, Brian Niccol, Levi Strauss, LEVI, Chip Bergh, , Tarang Amin, Zachary Kirkhorn, Peter Valdes, Kirkhorn, Tesla, Elon Musk’s, Vaibhav, Read, Jennifer Korn, it’s, Google Organizations: CNN, JPMorgan Chase Institute, Airlines, Consumers, Delta Air Lines, DAL, Southwest Airlines, Papa Johns, Apparel, Tesla, Google Locations: United States, Pacific, Papa Johns ’ North, bitcoin
Similarly, southeastern regional bank First Horizon was teetering, having scrapped a $13 billion merger with Canada’s TD bank. That market pessimism was echoed by Bill Ackman, the billionaire investor, who tweeted Thursday that regional banks broadly are in trouble. Without a miracle from DC, the outlook for regional banks is not great. There is so much pessimism percolating on Wall Street, smaller banks are going to get crushed. That means we can expect more bank failures, and more Wall Street panic, in the weeks and months ahead.
How First Republic became such a hot mess
  + stars: | 2023-03-17 | by ( Allison Morrow | ) edition.cnn.com   time to read: +2 min
“It’s the biggest example of a bank that could go down and shouldn’t go down — a first-class bank,” said a source close to the 48-hour deal to infuse First Republic with $30 billion in cash. San Francisco-based First Republic, the 14th-largest bank in the country, received the cash infusion from 11 rivals, including America’s largest lenders. When JPMorgan Chase CEO Jamie Dimon on Thursday reached out to Treasury Secretary Janet Yellen and Federal Reserve Board Chair Jerome Powell, “Very quickly the conversation turned to First Republic,” the source told CNN. Its rescuers are also struggling, with JPMorgan Chase (JPM) down 3% and Bank of America (BAC) falling 4%. Investors saw similarities between First Republic and the failed Silicon Valley Bank — another midsize Bay Area-based lender with a deep-pocketed client base.
New York CNN Business —The Powerball lottery jackpot is expected to hit $1.9 billion for Monday’s drawing, making it the largest lotto prize ever. But in 1987 when Lotto America, the precursor to Powerball, was introduced, organizers prohibited jackpots of more than $80 million. ”This is a whole new ballgame” Lotto America spokesman Jack Ratigan said at the time. These changes have pushed Powerball jackpots way up. Lotteries are regressive, meaning lower-income groups spend more of their budgets on lottery games than higher-income groups.
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