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The long-standing promise of a ban on menthol cigarettes, which has been years in the making, is unlikely to move forward before President-elect Donald Trump takes office in January. The FDA announced it would begin the process of banning menthol tobacco cigarettes in 2021. Since then, it has done all it is legally authorized to do to put the finalized rule to ban menthol in motion. But it’s politics, not public health, that is likely to keep menthol cigarettes on the market as Biden’s term ends. Murthy deferred questions about whether the Biden administration would push the ban through as one of its final acts.

Persons: Biden, Donald Trump, —, ”, Avenel Joseph, Robert Wood Johnson, Trump, Vivek Murthy, ” Murthy, Avenel joseph, robert, johnson, ” Joseph, Murthy Organizations: and Drug Administration, Robert Wood Johnson Foundation, FDA, Public, Biden OKs, Disease Control, White Locations: U.S, United States

Judith Joseph described the current violence and political turmoil in Haiti — a place she calls home — as heartbreaking and devastating. “For me, it’s very emotional.”“The gangs, the gangs, my God,” she said. Haitian National Police officers patrol the area near Toussaint Louverture International Airport in Port-au-Prince, Haiti, on Aug. 12, 2024. Clarens Siffroy / AFP via Getty Images fileA JetBlue flight to New York and an American Airlines flight returning to Miami were also shot on the same day. The flights were shot at on the same day Haiti swore in a new prime minister, adding to the country’s political turmoil.

Persons: Judith Joseph, —, ” Joseph, ”, Prince, Clarens Siffroy, that’s, “, Jacques Balynce’s, ” Balynce Organizations: FAA, Spirit Airlines, Haitian National Police, Getty, JetBlue, American Airlines, Angels, Humanity, U.S . State Department Locations: Haiti, Port, Fort Lauderdale, Fla, Toussaint, Prince, AFP, New York, Miami, Cap, U.S, Dominican Republic

☆ Customers noticed Whole Foods skimped out on its Berry Chantilly Cake. It quickly changed course
▼ + stars: | 2024-10-07 | by ( Ramishah Maruf | ) edition.cnn.com time to read: +4 min

New York CNN —Fans of Whole Foods’ iconic Berry Chantilly Cake have been up in arms on social media over the past few weeks. Berry Chantilly fans say they were victims of skimpflation, a member of the shrinkflation and inflation family. Whole Foods customers were quick to catch on, and by Friday, the company announced it had reversed its changes. “Based on feedback from our customers, we will reintroduce single slices of the Berry Chantilly Cake that are the same as the classic our customers know and love,” a Whole Foods spokesperson told CNN on Friday. The cake slices will be back to their previous version by next week, the company said.

Persons: Berry, It’s, ”, Berry Chantilly, they’re, “, ” Joseph Balagtas, Edgar Dworsky, ” Dworsky, Dworsky, Blommer, Balagtas, ” Balagtas Organizations: New, New York CNN, Foods, Purdue University, CNN, Louis Federal Reserve, Consumer, “ Manufacturers, St, Reuters, Companies Locations: New York, West Africa, North America

☆ How antidepressants can make people more vulnerable to heat
▼ + stars: | 2024-08-02 | by ( Laura Paddison | ) edition.cnn.com time to read: +7 min

CNN —When Adelaide Saywell posted on TikTok last month that SSRIs, a commonly prescribed antidepressant medication, could make people more vulnerable to heat, it went viral and sparked a deluge of comments. Adelaide Saywell received a flood of surprised comments when she posted about the link between SSRIs and heat intolerance. Dehydration puts people at risk of heat exhaustion and, in particularly severe cases, heat stroke, which is dangerous and potentially deadly. Sondeep Shankar/Bloomberg/Getty ImagesScientists and doctors are still trying to unpick the complex relationship between SSRIs and heat. It is partly the reason why medical professionals don’t always talk about heat when they prescribe these anti-depressants.

Persons: Adelaide Saywell, “, ”, ” Saywell, Laurence Wainwright, Pope Moseley, Moseley, Sondeep Shankar, Wainwright, don’t, ” Wainwright, Reddit, won’t, Saywell, Judith Joseph, Joseph, ” Joseph, “ It’s Organizations: CNN, University of Oxford, Arizona State University, Bloomberg, Getty

CNN —Within minutes of President Joe Biden endorsing Vice President Kamala Harris to replace him on the Democratic Party’s ticket on Sunday, the internet crackled with lies, altered photos and other misleading claims about Harris. Some supporters of former President Donald Trump – the Republican nominee in the November election – even suggested Biden was the victim of a coup. Meanwhile, a slew of slickly edited pro-Harris videos quickly proliferated on social media as her backers tried to capitalize on the moment. Biden’s likeness was also exploited in the aftermath of his announcement, which came via a post on social media and not televised address. Harris’ team has also embraced a viral post from British pop singer Charli XCX that referred to Harris as “brat,” a concept that includes women and queer empowerment.

Persons: Joe Biden, Kamala Harris, Harris, Donald Trump –, –, Biden, slickly, ” Erik Nisbet, Elon Musk, Alexander Soros, megadonor George Soros, Soros, Musk, Jeffrey Epstein, people’s, Harris ’, Charli, Kremlin mouthpieces, Volodymyr Zelensky, ”, “, ” Joseph Bodnar, they’re, Shane Huntley Organizations: CNN, Democratic, Republican, Democratic Party, Northwestern University’s School of Communication, Trump, PBS, Kremlin, Biden, Google Locations: India, Jamaica, British

☆ American mountaineer’s body found by fellow US climbers 22 years after going missing in Peru
▼ + stars: | 2024-07-09 | by ( Sahar Akbarzai | ) edition.cnn.com time to read: +5 min

CNN —The body of an American mountaineer has been discovered by a pair of fellow US climbers 22 years after he went missing following an avalanche in the Peruvian Andes. American brothers Ryan Cooper and Wesley Waren found the body of Bill Stampfl on June 27 on Mount Huascaran, according to Joseph Stampfl, Bill’s son. Finding Bill’s familyCooper, a native of Las Vegas, Nevada, called his wife and informed her of his discovery the same day he came across Stampfl’s body. ‘My heart just sank’After so many years, the news came as an emotional shock to Stampfl’s family. The fact that they found him, it opened up all the wounds,” Jennifer told CNN on Tuesday.

Persons: Ryan Cooper, Wesley Waren, Bill Stampfl, Joseph Stampfl, Bill’s, Cooper, “, ” Cooper, Stampfl, Steve Erskine, Matthew Richardson, Jennifer Stampfl, Joseph, Jennifer, Stampfl’s, Janet, we’re, ” Jennifer, ” Janet, …, ” Joseph, he’s, Peru –, ”, CNN’s Duarte Mendonca, CNNE’s Veronica Calderson Organizations: CNN, Peruvian Mountain Rescue Association, Peruvian National Police, Peru’s National Police Locations: American, Peruvian, Huascaran, Peru’s Cordillera Blanca, Yungay, Las Vegas , Nevada, Juarez, Lima, United States, Bolivia, Colombia, Ecuador, Peru

☆ American Express is taking control of restaurant reservations
▼ + stars: | 2024-07-01 | by ( Nathaniel Meyersohn | ) edition.cnn.com time to read: +3 min

New York CNN —Trying to get a table at a buzzy new restaurant in New York or Los Angeles? American Express already owns Resy, a rival restaurant booking app, and gives special table access to Amex customers that are not available to other customers. But experts say that Amex’s acquisition gives the credit card company more control over velvet rope access to dinner — and who is shut out. It may help restaurants attract Amex customers with deeper wallets, said Alex Susskind, a professor of food and beverage management at Cornell University. Restaurant owners and merchants have also complained about the fees credit card companies charge businesses, and it could open a new door for fees.

Persons: you’re, Rajesh Bhardwaj, Amex, —, ’ “, ” Joseph Nunes, Alex Susskind, ” Organizations: New, New York CNN, American Express, American, Delta SkyMiles Reserve, University of Southern, Cornell University Locations: New York, Los Angeles, New York City, United States, Resy, University of Southern California

☆ Even as Violent Crime Drops, Lawlessness Rises as an Election Issue
▼ + stars: | 2024-05-26 | by ( Glenn Thrush | ) www.nytimes.com time to read: +1 min

In mid-2020, the country was reeling from a surge in violent crime and civil upheaval after the killing of George Floyd by the police — a knife’s-edge national crisis that President Donald J. Trump made a central issue in the run-up to Election Day. Four years later, the nation’s crime rates have shifted. Homicide rates are tumbling from pandemic highs in most cities, funding for law enforcement is rising, and tensions between the police and communities of color, while still significant, are no longer at a boiling point. But property crime, carjackings and smash-and-grab burglaries are up, adding to a sense of lawlessness, amplified on social media and local online message boards. of fabricating positive crime data to bolster Mr. Biden.

Persons: George Floyd, Donald J, Trump, ”, ” Joseph R, Biden, shoplifters Organizations: —

☆ Election Updates: Biden courts labor unions, with a speech to electrical workers planned today.
▼ + stars: | 2024-04-19 | by ( Chris Cameron | ) www.nytimes.com time to read: +9 min

Members of this prominent Democratic family, including most of Mr. Kennedy’s siblings, had already signaled their support for Mr. Biden. Just as President Biden does today.”“Nearly every single grandchild of Joe and Rose Kennedy supports Joe Biden,” she said. “That’s right: The Kennedy family endorses Joe Biden for president.”Responding on social media, Mr. Kennedy avoided engaging with his family’s rejection of his candidacy. “I know you’re never supposed to reject a gift,” Mr. Kennedy joked as he held them. He then encouraged the roughly dozen people there to volunteer for the Biden campaign, arguing that their help could decide the election.

Persons: Kennedy, Biden, Robert F, Kennedy Jr, I’m, Kathleen, Rory, Joe, Chris, Max, Joe Biden, Kamala Harris, —, Kennedy’s, Biden’s, Jim Wilson, Donald, ” Kerry Kennedy, “ Daddy, Rose Kennedy, ”, “, Mr, John, Kennedy —, John F, Martin Luther King, Donald J, Trump, Conor Lamb, Teenie Harris, Edward M, ” Joseph P, Kennedy II, Joseph P, Kennedy III, you’re, ” Mr Organizations: America, Biden, White, Democratic, Black, New York Times, Trump, PAC, Voters, Marquette Law School, Carnegie Museum of Art, Getty, Mr, Republican, MAGA Inc, Philly Locations: Philadelphia, America, Michigan, United States, Wisconsin, American, Pennsylvania, Kennedy, Washington, Pa, Harlem, Massachusetts

Rising gasoline and housing prices led inflation to increase 0.4% in February, the Bureau of Labor Statistics reported on Tuesday. The food index was unchanged in February, as was the food at home index. Meanwhile, a recent report on consumer spending from Mastercard found that retail sales excluding autos were up in February, with online retail sales up more than 9.1%. The Census Bureau is scheduled to release retail sales for February on Thursday with analysts looking for a strong 0.8% increase after January's drop. “A dip in retail sales to start the calendar year is common, however, this year January retail sales marked the biggest decline since March of last year,” said Chip West, retail and consumer behavior expert at Vericast.

Persons: ” Joseph Brusuelas, ”, Chip Organizations: of Labor Statistics, Federal, “ Services, RSM, Mastercard, Apparel, Bureau, Federal Reserve Bank of, Blue Locations: Federal Reserve Bank of Atlanta

So The New York Times asked more than 5,300 people in the U.S. with this heritage how they describe themselves …No Box to Check: When the Census Doesn’t Reflect YouEgyptian, Iranian, Lebanese, Amazigh, Arab, American. In the 2020 census, “Lebanese” and “Egyptian” were offered as examples for the “white” box on the race question. The other categories were “Black or African American,” “American Indian or Alaska Native,” “Native Hawaiian or other Pacific Islander” and a variety of Asian ancestries. After all, there’s no agreed-upon set of countries or ethnicities that would fall under a Middle Eastern and North African category. The chart shows these responses after the MENA category was added: 69% chose “MENA,” 15% chose “MENA, White,” 3% chose “Another Race,” 5% chose “White” and 8% chose other combinations.

Persons: Brown, New York Times callout, Biden, ”, —, “, ” Martin Zebari, ” Samera Hadi, ” Imene Said Kouidri, ’ ” Faisal Ali, ” Joseph Hallock, Maya Berry, there’s, Margo J, Anderson, “ You’re, Tiffany Kindratt, ” Khelil, ‘, Dusty Haddad, “ White, Jeffrey S, ” Nadine Naber, Naber, I’m, ” Ceylan Swenson, ” Blake Bachara, ” Amin Younes, We’re, ” Rita Obeid, Barack Obama, It’s, ” Thomas Simsarian Dolan, ” Gabrielle Barbara Guliana, Christina Boufarah, I’ve, ” Michele Magar, ” Soufiane, ” Azita, Moustafa, ” Nawar Organizations: U.S ., New York Times, Arab, Israel, American Community, Management, Federal, Arab American Institute, University of Wisconsin, Census Bureau, Survey, North, Cornell University, Centers for Disease Control, Prevention, University of Texas, The Times, Times, Pew Research, University of Illinois, Bureau, West Virginian Locations: Eastern, Sudanese, Southwest, U.S, East, North Africa, United States, Michigan, Gaza, Europe, Lebanese, Alaska, American, MENA, Milwaukee, —, Arlington, America, White, University of Illinois Chicago, Chicago, Lebanon, Iran, N.Y.C, Israel, Turkey, Southwest Asia, Afghanistan, Armenia, West, I’m

☆ Population and economy in South Carolina are booming
▼ + stars: | 2024-02-24 | by ( Tami Luhby | Alicia Wallace | ) edition.cnn.com time to read: +12 min

“And, of course, South Carolina is in the heart of the Southeast.”Job seekers check-in to a job fair at a Schneider Electric manufacturing facility in Hopkins, South Carolina, in January 2023. “You can reach about twice as many people within an 8-hour drive from South Carolina as you can from Florida,” he said. “The housing market and the manufacturing industry, particularly in South Carolina, saw a major increase in demand,” Von Nessen said. South Carolina home sale activity fell by double-digits in 2022 but has since started to stabilize, he said. “We’re just treating so many more patients that we don’t have capacity,” said Thornton Kirby, CEO of the South Carolina Hospital Association.

Persons: ” Joseph Von Nessen, Darla Moore, ” Von Nessen, ”, it’s, It’s, Sean Rayford, Barrie Kirk, “, Von Nessen, Micah Green, “ We’re, Thornton Kirby, Malcolm Isley, “ We’ve, ” Isley, Arnold Kamler, Inc . Kent, Kent, Kamler, Nikki Haley, —, Daniel Slim, Scott Huffmon, Donald Trump, Haley, they’d Organizations: CNN, Palmetto State, of Labor Statistics, University of South, of Business, North, SC Council, Competitiveness, Bureau of Labor Statistics, Labor, Midlands Technical College, Technical College Midlands Technical College, Schneider, Bloomberg, Getty, Census, US Federal Reserve, US News, South Carolina Hospital Association, “, Prisma, Health Prisma Health, Greenville Technical College, Health Center for Health, Life Sciences, Kent International, Walmart, Kent, Inc ., Winthrop University, —, Charleston City Market, Winthrop’s Center, Public, Research, Palmetto, Republican, Trump, CBS Locations: South Carolina, South, “, Carolina, Myrtle Beach , South Carolina, North America, University of South Carolina, West Columbia, United States, Hopkins , South Carolina, Florida, droves, Myrtle Beach, ’, Manning, New York City, Georgia, Charleston, AFP

☆ Widow of Haiti’s former president among those indicted over his assassination
▼ + stars: | 2024-02-20 | by ( Alex Stambaugh | Caitlin Hu | ) edition.cnn.com time to read: +4 min

CNN —The wife of Haiti’s former President Jovenel Moïse, Martine Moïse, and the former prime minister Claude Joseph are among 51 people who have been indicted over the assassination of the former president, according to a 122-page document from the judge presiding over the investigation. Mrs. Moïse was also shot multiple times but survived. The judge called for the arrest and trials of those charged. Haiti's former prime minister Claude Joseph in Port-au-Prince in July 2021. The prime minister has no direct relationship with the examining magistrate, nor does he control him.

Persons: Haiti’s, Jovenel Moïse, Martine Moïse, Claude Joseph, Moïse, Judge Walther Wesser Voltaire, Judge Voltaire, Moise, ”, ” Paul Turner, “, that’s, ‘, ’ ”, Matias Delacroix, Ariel Henry, ” Joseph, Henry, ” Jean, Junior Joseph Organizations: CNN, PBY, UN, Prosecutors, US State Department Locations: Port, Haitian, United States, Haiti

☆ Remote Employees Are More Likely to Get Laid Off; WFH Is Risky
▼ + stars: | 2024-02-15 | by ( Emily Stewart | ) www.businessinsider.com time to read: +7 min

Executives at the online furniture retailer Wayfair told its staff in January that remote workers were likelier to be hit in its latest round of job cuts. Add in long-term trends, like the decline in loyalty between employers and employees , and it's no wonder remote workers feel anxious about cuts. “It’s not too surprising,” Peter Cappelli, a management professor at the Wharton School who has never been a big fan of remote work, said. “That is something remote workers should be thinking about as they’re engaging with supervisors,” she said. Remote workers aren’t doomed to the unemployment line, but they may want to try a little extra to get noticed.

Persons: Wayfair, ”, Dell, Goldman Sachs, “ It’s, ” Peter Cappelli, “, Nick Bloom, ” Bloom, Emily Dickens, ” Prithwiraj Choudhury, ” Joseph Fuller, pang, Emily Stewart Organizations: IBM, Reuters, Google, Wharton School, Stanford, Society for Human Resource Management, Harvard Business School, Employers, Workers, “ Workers, Staff, Business

☆ Hedge fund billionaire Leon Cooperman: Students protesting Israel have ‘sh*t for brains’
▼ + stars: | 2023-10-27 | by ( Matt Egan | ) edition.cnn.com time to read: +3 min

New York CNN —Hedge fund billionaire Leon Cooperman is blasting college students for protesting against Israel, joining a growing list of powerful university donors to speak out on the issue. “These kids in college have sh*t for brains,” Cooperman told CNN in a phone interview. Earlier this month, a Columbia University student who was hanging up posters in support of Israel was assaulted. Samantha Slater, a Columbia University spokesperson, declined to comment on whether the university plans to take disciplinary action against Massad. “Columbia is grateful to Mr. Cooperman for his years of generosity and service to Columbia Business School,” Slater said in a statement to CNN.

Persons: Leon Cooperman, ” Cooperman, “, “ It’s, I’m, ”, Cooperman, Israel, he’s, ” Joseph Massad, Samantha Slater, ” Slater, It’s, ’ they’re, CNN’s Reid Champlin Organizations: New, New York CNN —, Israel, CNN, Hamas, Fox Business, Columbia University, Ivy League, Columbia, Massad, Columbia Business School Locations: New York, Israel, United States, Bronx, Columbia, “, ”

The U.S. economy is on a roll, expanding at a 4.9% annual clip in the third quarter, the Bureau of Economic Analysis reported on Thursday. Analysts are looking for the overall index to show prices increased at a 3.4% annual rate and the core index at 3.7%, down from 3.5% and 3.9%, respectively. On Wednesday, Adobe Analytics issued its monthly measure of online prices showing they continue to fall, hitting a 41-month low in September. “Online prices fell for the majority of Adobe’s tracked categories (12 of 18) on an annual basis. On a month-over-month basis, online prices were down 0.6%.”

Persons: ” Joseph Brusuelas, ”, Steve Rick, Raymond James, Eugenio Aleman, “ Organizations: Economic, RSM US, Federal Reserve, TruStage, Labor Department, Adobe Analytics, “ Locations: U.S

☆ Fentanyl Found Near Nap Mats at Day Care Where Boy Died, Police Say
▼ + stars: | 2023-09-18 | by ( Corey Kilgannon | More About Corey Kilgannon | ) www.nytimes.com time to read: +1 min

Fentanyl was found near mats that children used for napping at a Bronx day care where one toddler died and three other children were hospitalized last week, the police said on Monday night. “It was laid underneath a mat where the children had been sleeping earlier,” Joseph Kenny, the Police Department’s chief of detectives, said at a news conference Monday evening. Chief Kenny said that investigators were working with federal authorities to discover whether the day care, Divino Niño on Morris Avenue, was opened as a front for a drug operation. Emergency medical workers were called on Friday afternoon to the day care center, where they administered the overdose-reversal medication Narcan and then rushed the children to hospitals. Medical tests showed fentanyl in the three children sickened but not killed.

Persons: ” Joseph Kenny, Kenny, Divino Niño Organizations: Police Locations: Morris

☆ Tech Companies in Silicon Valley Can’t Keep Ignoring Seniors - The New York Times
▼ + stars: | 2023-09-06 | by ( Farhad Manjoo | ) www.nytimes.com time to read: +3 min

The tech industry’s hostility to aging “continues to violate common sense,” Joseph Coughlin, the director of M.I.T.’s AgeLab, told me. Through advances focused on health care, home assistance, transportation, robotics and artificial intelligence, technology will be crucial to address the problems emerging from demographic imbalance. “And yet they continue to ignore them.”What can Silicon Valley do for older people? Many of these promise to allow older people a measure of independence from family caregivers or health care facilities. There are companies that use in-home cameras, audio devices and biometric sensors to let health care providers monitor homebound seniors from afar, something like Life Alert for the digital age.

Persons: “, ” Joseph Coughlin, —, ” Coughlin Organizations: Medicare Locations: Silicon, ”

☆ Teenager Is Charged in Killing of Dancer at Brooklyn Gas Station
▼ + stars: | 2023-08-05 | by ( Hurubie Meko | ) www.nytimes.com time to read: +1 min

A 17-year-old has been charged with murder in the killing of O’Shae Sibley, who was stabbed to death on July 29 after a dispute over his dancing at a Brooklyn gas station. Mr. Sibley, a gay man who was a professional dancer and choreographer, was returning from New Jersey to his home in Brooklyn with four friends that night when the group stopped at a gas station in the Midwood neighborhood, the police said on Saturday. As they filled up their car, they played Beyoncé’s “Renaissance” album and began dancing, officials said, at which point a group of men approached and told them to stop. The men yelled homophobic slurs and anti-Black statements at Mr. Sibley, who was Black, and his friends, Mr. Kenny said, all while demanding they stop dancing. Bystanders acted as “peacemakers,” and the men shouting at Mr. Sibley’s group began to disperse, Mr. Kenny said — except for the defendant.

Persons: O’Shae Sibley, Sibley, ” Joseph Kenny, Eric Adams, Kenny, “, Sibley’s, — Organizations: New York Police Locations: Brooklyn, New Jersey, Midwood

☆ Jurors urged to impose heavy punitive damages in J&J talc trial
▼ + stars: | 2023-07-10 | by ( Brendan Pierson | ) www.reuters.com time to read: +3 min

J&J has consistently denied that its now-discontinued talc baby powder contains asbestos or causes cancer. Satterley asked jurors to award Hernandez punitive damages about nine times greater than so-called compensatory damages, which include $3.8 million for his medical costs as well as damages for pain and suffering. The U.S. Supreme Court has found that punitive damages should generally be no more than nine times compensatory damages, and that a higher ratio can be reduced on appeal as excessive. J&J has said its talc products are safe and do not contain asbestos, which has been linked to mesothelioma. J&J said in bankruptcy court filings that the costs of its talc-related verdicts, settlements and legal fees have reached about $4.5 billion.

Persons: Johnson, Mike Segar, ” Joseph Satterley, Emory Hernandez Valadez, Satterley, Hernandez, Allison Brown, “, Michael Kaplan, LTL, J Organizations: Reuters, REUTERS, Alameda County Superior Court, U.S, Supreme, LTL Management, LTL’s Locations: California, Johnson, New York, Alameda County, Trenton , New Jersey

☆ Alan Arkin, Comic Actor With a Serious Side, Dies at 89
▼ + stars: | 2023-06-30 | by ( Robert Berkvist | Peter Keepnews | ) www.nytimes.com time to read: +1 min

His son Matthew Arkin said that Mr. Arkin, who had heart ailments, died at home. Mr. Arkin was not quite a show-business neophyte when he was cast in the 1963 Broadway comedy “Enter Laughing,” Joseph Stein’s adaptation of Carl Reiner’s semi-autobiographical novel about a stage-struck boy from the Bronx. He had toured and recorded with the Tarriers, a folk music group, and he had appeared on Broadway with the Second City, the celebrated improvisational comedy troupe. In a cast that included established professionals like Sylvia Sidney and Vivian Blaine, Mr. Arkin stole the show and won the hearts of the critics. “‘Enter Laughing’ is marvelously funny, and so is Alan Arkin in the principal role,” Howard Taubman wrote in The New York Times.

Persons: Alan Arkin, Matthew Arkin, Mr, Arkin, Joseph Stein’s, Carl Reiner’s, Sylvia Sidney, Vivian Blaine, “, ” Howard Taubman Organizations: Broadway, Calif, Second, The New York Times Locations: San Marcos, Bronx, Second City

☆ Fed survey: Banks are tightening up their lending standards after rate hikes, turmoil
▼ + stars: | 2023-05-08 | by ( Alicia Wallace | ) edition.cnn.com time to read: +7 min

Survey respondents attributed the changes in lending standards to economic uncertainty, a reduced appetite for risk, deterioration in collateral values and broader concerns about banks’ funding costs and liquidity positions, according to the Fed report. At the time, banks expected that trend of tightening credit, waning demand and deteriorating loan quality would continue. Fed president: Central bank should weigh effectsFederal Reserve Bank of Chicago President Austan Goolsbee said in an interview with Yahoo! Fed officials, including Chair Powell, have previously noted that credit tightening could act similarly to a rate hike. A ‘salient risk’Separately on Monday, the Fed released its semi-annual Financial Stability Report, which assesses the resilience of the US financial system.

☆ On the Eve of the Derby, Four Horse Deaths Renew Safety Concerns
▼ + stars: | 2023-05-04 | by ( Joe Drape | Melissa Hoppert | ) www.nytimes.com time to read: +1 min

Only days before horse racing’s signature event, the Kentucky Derby, Churchill Downs is looking into the recent deaths during training of four horses, including a colt who was scheduled to run in Saturday’s Derby. Wild on Ice, a 3-year-old who had three wins in five career starts and was in the Derby field, was euthanized after he was injured while training on the dirt track on Thursday, Churchill Downs said in a statement. Two horses trained by Saffie Joseph Jr. died suddenly for unknown reasons, the track said. “This is something that doesn’t happen,” Joseph said on Wednesday morning at his Churchill Downs barn. I run almost 4,000 horses and it’s never happened.

☆ Analysis: Bank failures and looming debt default test American confidence in the economy
▼ + stars: | 2023-05-01 | by ( Zachary B. Wolf | ) edition.cnn.com time to read: +7 min

CNN —Two converging crises are testing American confidence in their financial well-being. And there’s a debt crisis, which is becoming more urgent as the US approaches the “X-date” – when it would default – and on which opposing lawmakers aren’t currently talking to each other. First Republic Bank was taken over by the Federal Deposit Insurance Corporation on Monday, and most of its assets were sold to JPMorgan Chase. Maintaining confidenceNone of that means this is a golden chapter for the American financial system. Now, the debt crisis and the X-dateIf only American lawmakers could take a cue from the First Republic saga and get into a room to solve the debt crisis.

☆ This Isn't What Millennial Middle Age Was Supposed to Look Like - The New York Times
▼ + stars: | 2023-03-14 | by ( Jessica Grose | ) www.nytimes.com time to read: +25 min

Things have been difficult for her family, she says, but one thing she isn’t worried about: a midlife crisis, looming just over the horizon. One of our questions was about whether they had experienced a midlife crisis and how they would define the term. Many people said they felt they couldn’t be having a midlife crisis, because there was no bourgeois numbness to rebel against. “Who has midlife crisis money?”The traditional midlife crisis, as presented in popular culture, at least, unfolds amid suburban ennui. We just increase our Lexapro.”Was the midlife crisis ever even real?

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