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Tracking Hurricane Rafael Leer en españolRafael was a Category 2 hurricane in the Gulf of Mexico Wednesday evening Eastern time, the National Hurricane Center said in its latest advisory. The hurricane had sustained wind speeds of 105 miles per hour. By The New York TimesRafael is the 17th named storm to form in the Atlantic in 2024. In late May, the National Oceanic and Atmospheric Administration predicted that there would be 17 to 25 named storms this year, an above-normal amount. Without El Niño this year, clouds are more likely to tower to the tall heights needed to sustain a powerful cyclone.

Persons: Leer, Rafael, The New York Times Rafael Organizations: National Hurricane Center, The New York Times, NOAA, National Oceanic, Atmospheric Administration, Hurricanes Locations: Gulf, Mexico, United States

Tracking Tropical Storm Oscar Leer en españolOscar was a tropical storm in the North Atlantic Ocean Monday evening Eastern time, the National Hurricane Center said in its latest advisory. The tropical storm had sustained wind speeds of 40 miles per hour. By The New York TimesOscar is the 15th named storm to form in the Atlantic in 2024. In late May, the National Oceanic and Atmospheric Administration predicted that there would be 17 to 25 named storms this year, an above-normal amount. Without El Niño this year, clouds are more likely to tower to the tall heights needed to sustain a powerful cyclone.

Persons: Oscar Leer, Oscar, The New York Times Oscar Organizations: National Hurricane Center, The New York Times, NOAA, National Oceanic, Atmospheric Administration, Hurricanes Locations: United States

Tracking Tropical Storm Helene Leer en españolHelene was a tropical storm in the Caribbean Sea early Wednesday Eastern time, the National Hurricane Center said in its latest advisory. The tropical storm had sustained wind speeds of 60 miles per hour. By The New York TimesHelene is the eighth named storm to form in the Atlantic in 2024. In late May, the National Oceanic and Atmospheric Administration predicted that there would be 17 to 25 named storms this year, an above-normal amount. Without El Niño this year, clouds are more likely to tower to the tall heights needed to sustain a powerful cyclone.

Persons: Helene Leer, Helene, The New York Times Helene Organizations: National Hurricane Center, The New York Times, NOAA, National Oceanic, Atmospheric Administration, Hurricanes Locations: Caribbean, Fla, Fort Myers, St . Petersburg, United States

Tracking Hurricane John Leer en españolJohn was a Category 3 hurricane over Mexico Monday evening Mexico Central Time, the National Hurricane Center said in its latest advisory. The hurricane had sustained wind speeds of 120 miles per hour. Storms that form in the Atlantic or the Pacific generally move west, meaning Atlantic storms pose a greater threat to North America. Occasionally, a storm can move farther north, as Hurricane Hilary did last year, bringing damaging winds and intense rain to Southern California. Hurricane season in the Eastern Pacific began on May 15, two weeks before the Atlantic season started.

Persons: Leer, español John, The New York Times John, Hilary, Niña Organizations: Mexico Monday, National Hurricane Center, The New York Times, NOAA, Southern California ., Eastern Pacific Locations: español, Mexico, Eastern, North America, Baja California, Southern California, Southern California . Hurricane

Tracking Hurricane Debby Leer en españolDebby was a Category 1 hurricane in the Gulf of Mexico late Sunday Eastern time, the National Hurricane Center said in its latest advisory. The hurricane had sustained wind speeds of 75 miles per hour. Debby is the fourth named storm to form in the Atlantic in 2024. In late May, the National Oceanic and Atmospheric Administration predicted that there would be 17 to 25 named storms this year, an above-normal amount. Without El Niño this year, clouds are more likely to tower to the tall heights needed to sustain a powerful cyclone.

Persons: Leer, Debby Organizations: Sunday, National Hurricane Center, Fort Myers, Fort Myers Cedar Key, United States, National Oceanic, Atmospheric Administration, Hurricanes Locations: Gulf of Mexico, Fort Myers Cedar, Fort Myers Cedar Key Tampa, United States

☆ Kidnapped in Mexico: I Am One of the Missing Who Survived - The New York Times
▼ + stars: | 2024-05-08 | by ( Manuel Bayo Gisbert | ) www.nytimes.com time to read: +11 min

Scroll In June 2020 I was kidnapped by armed men and heldfor ransom. Photographs and text by Manuel Bayo Gisbert I was kidnapped by armed menand held for ransom. In Mexico we say that when you see or experience something painful it can make us sick with horror. I turned to the families of the missing people of Mexico. In Mexico, We Harvest Pain and DeathOn Aug. 19, 2023, three years after I was kidnapped, my uncle Fernando Bayo was taken by four armed men in Acapulco.

Persons: Manuel Bayo Gisbert, Manuel Bayo, Ivonne’s, Hilda, Cheli’s, Rafael, Miguel Ángel, Justina’s, Abelardo, Lucio Cabañas, Cirino, “, ”, Práxedes Giner Durán, Álvarez, Juárez, —, Felipe Calderón, Calderón's, she’s, …, Pachuca … It’s, Andrés Manuel López Obrador, López Obrador, Fernando Bayo Organizations: Mexico City, Mexican Army, Mexican, …, Pachuca …, National, Brigade, Residents, Inter, American, Human, Signals, National Search Brigade Locations: Leer, español, Mexico, Parres, Chilpancingo, Guerrero, El Conchero, El Ticuí, Ciudad Madera, Chihuahua, Atoyac, Ciudad Juarez, Texas, …, Pachuca, Veracruz, of Mexico, Ayotzinapa, U.S, Yecapixtla, Acapulco, Tihuatlán, Santiago, Mexico City

☆ How cellphones can get you killed on the modern battlefield, according to a US Army officer
▼ + stars: | 2024-04-21 | by ( Nathan Rennolds | ) www.businessinsider.com time to read: +4 min

A US Army officer said military trainers had warned soldiers of the dangers of cellphone use. Ukraine has used Russian soldiers' cellular data to locate and target their positions. But they are also potentially lethal for the soldiers carrying them, a US Army officer has said. Maj. Gen. Curtis Taylor told Jack Detsch, a reporter at Foreign Policy, that Army trainers had been warning soldiers about the dangers of taking cellphones on operations. Russian sources claim 89 soldiers were killed in the strikes, while Ukraine put the number at around 400.

Persons: —, Curtis Taylor, Jack Detsch, We've, Taylor, Fort Irwin, Dimitar Dilkoff, Enea, Lockheed Martin Organizations: US Army, Policy, Service, Foreign, Army, National Training Center, Fort, Getty, Russian Ministry of Defense, M142, Artillery Rocket Systems, Sky News, Lockheed Locations: Ukraine, Russian, Ukrainian, AFP, Russia, Makiivka, Leer

☆ Russia may be stepping up its jamming attacks on NATO countries to 'learn and test' them, general says
▼ + stars: | 2024-02-01 | by ( Thibault Spirlet | ) www.businessinsider.com time to read: +3 min

Russia may be behind a rise in jamming attacks on neighboring countries, a top general said. AdvertisementRussia may be behind a surge in jamming attacks on neighboring countries with the goal of experimenting with them, a senior NATO general said. Herem's guess is that Russia is testing its electronic warfare systems on neighboring countries in anticipation of a future confrontation with NATO. Advertisement"Russia has demonstrated its electronic warfare capabilities elsewhere, not just in Ukraine and the Baltic countries," Herem told the outlet. Joakim Paasikivi of the Swedish Defense University said at the time that the interference in neighboring countries was probably caused by Russia.

Persons: Martin Herem, —, Herem, Joakim Paasikivi, Paasikivi, Jukka Savolainen, Elon Musk's, haven't Organizations: Bloomberg, Service, Estonian Defense Forces, NATO, Institute for, Swedish Defense University, SVT, Finnish Center of Excellence, Warfare, Space Watch, Elon, KU Locations: Russia, Finland, Poland, NATO, Ukraine, Baltic, Swedish, Leer

☆ Russia really wants to stop Ukraine using Elon Musk's Starlink satellites
▼ + stars: | 2024-01-26 | by ( Thibault Spirlet | ) www.businessinsider.com time to read: +8 min

Russia is trying to cut off Ukraine's access to Elon Musk's Starlink satellites, analysts said. AdvertisementRussia is trying to cut off Ukraine's access to Elon Musk's Starlink satellites, according to space warfare analysts. Since the start of the war, Russia has been using jamming systems to try and deny Ukrainian forces access to commercial satellites. Because Starlink satellites are closer to Earth, latency — the delay between a user's action and a response on the network — is shorter. She said Starlink satellites are both "resilient" and "agile," with Starlink operators constantly updating their software to overcome Russian attacks.

Persons: Elon Musk's, It's, —, Brian Weeden, Weeden, MADS CLAUS RASMUSSEN, Kari Bingen, Bingen, Sauli Niinisto, Joe Biden, Elon Musk, Starlink, ї Bingen, Сили Спецальних Операцй ЗС Украни Organizations: Elon, Service, Russia, Business, SpaceX, Aerospace Security, International Security, Center for Strategic, International Studies, CSIS's Aerospace Security, Viasat, Reuters, Pentagon, Space Watch, The Washington Post, KU, Ukraine's Special Forces, Telegram Locations: Russia, South Funen, Denmark, Ukraine, American, Europe, Finland's, Kaliningrad, Finland, NATO, Russian, Leer, Ukrainian, Ukraine's Donetsk

☆ Was Peace Ever Possible?
▼ + stars: | 2023-11-20 | by ( Moderated Emily Bazelon | A Discussion Moderated Emily Bazelon | ) www.nytimes.com time to read: +45 min

This was known as the Oslo peace process, named for the city where the secret talks took place. Micha Bar-Am/Magnum Photos Prime Minister Yitzhak Shamir of Israel during the the Middle East peace conference in Madrid, 1991. Margalit: All the Israeli leaders who negotiated for peace, starting with Rabin, were in a weak political position. Dajani: With the First Intifada, and then subsequently Madrid and Oslo, Palestinians suddenly see the possibility of agency. But what’s important to understand is that the notion of peace for Rabin, and for most Israelis, is that peace is a lack of violence from the other side.

Persons: Jordan, Israel, Yasir Arafat, Bernard Frye, Arafat, Larry Towell, Abbas, Micha, Yitzhak Shamir, Jerome Delay, Saddam, Hussein, George H.W, Bush, James A, Baker III, Baker, Shamir, Yitzhak Rabin, Rabin, Shimon Peres, —, Margalit, Saddam Hussein, Hosni Mubarak of, King Hussein of Jordan, Bill Clinton, Gary Hershon, Abu Alaa, “, ” Rabin, ” Arafat, ”, Ashrawi, Yehuda, Efraim, Susan Meiselas, Baruch Goldstein, Patrick Baz, Daoud Mizrahi, Gilles Peress, Goldstein, Matti Steinberg, Netanyahu, Bazelon, Clinton, Shikaki, Manal Jamal, didn’t, Dennis Ross, Omar, Camp David, Ehud Barak, Md, Ralph Alswang, Christopher Anderson, Motasm Amir, Barak didn’t, Barak, David, Dajani, Emily, Arafat —, Ross, Mary, Nobody, Arafat didn’t, Hosni Mubarak, Mubarak, El, there’s, There’s, Robert Malley, Hussein Agha, ” Barak, Sharon, It’s, Yarden Romann, Peter van Agtmael, Khan Younis, Yousef Masoud, Khan, Ahmad Hasaballah, Ziv Koren, they’re, Dan, Avishai, Omar Dajani, Taba, Dana El Kurd, Efraim Inbar, ‘ ‘ Rabin, ’ ’, Daniel Kurtzer, Avishai Margalit, George Kennan, Van, Khalil Shikaki, Limor Yehuda, Emily Bazelon, Nabil Ismail, Pascal, Said, Ulf Andersen, Getty, Menahem Kahana, Abdel, Shafi, Maggie Ohayon, Yigal Amir, Yoav Lemmer, Jack Guez, Olmert, Moshe Milner, Ami, Dani Cardona, Awad Awad, Obama, Ben Gershom Organizations: United Nations, West Bank, Associated, Palestine Liberation Organization, U.S, Soviet Union, Palestinian, Madrid didn’t, Bank, White, Agence France, Presse, Getty Images, Oslo Accord, White House, Reuters, Israel’s Labor Party government, Bazelon, Oslo Palestinian, Getty, West, Shin, Gross, . Security, Camp, Camp David Summit, Labor Party, NPR, American, New York Times, Polaris, Labor, United, McGeorge School of Law, University of the, Israel, Camp David, University of Richmond, Arab Center Washington, Jerusalem Institute for Strategy, Security, Shalem College, Bar, Ilan University, Sadat Center, Strategic Studies, Israel’s National Security, Princeton University’s School of Public and International Affairs, Hebrew University of Jerusalem, Institute for, Princeton, Israel Academy of Sciences, Humanities, Van Leer Jerusalem Institute, Palestinian Center, Policy, Research, Crown Center for Middle East Studies, Brandeis University, Gaza, Hebrew University, Haifa University, Human, The New York Times Magazine, Mount Locations: Israel, Jordan, Gaza, Egypt, Jerusalem, Zion, Munich, Tunisia, Oslo, American, Oslo Gaza, Palestine, Madrid, Kuwait, United States, Soviet, Lebanon, Syria, Jordanian, America, Washington, U.S, Hosni Mubarak of Egypt, U.N, Independence, Palestinian, Sudan, Libya, Yemen, Iraq, Rafah, Hebron, Ibrahimi, West Bank, Judea, Samaria, Yehuda, Camp David, Jenin, Haram, Al Aqsa, Khan, Kfar Aza, Khan Younis, Ahmad, Old, Ireland, Bosnia, Tel Aviv, Iran, Athens, El, Camp, Israeli, Van Leer, Ramallah

☆ ‘You Can’t Hide It’: Georgette Heyer and the Perils of Posthumous Revision
▼ + stars: | 2023-10-30 | by ( Alexandra Alter | More About Alexandra Alter | ) www.nytimes.com time to read: +1 min

Georgette Heyer, one of the most popular and influential romance authors of all time, was not a romantic when it came to her work. “I ought to be shot for writing such nonsense,” she once declared in a letter to her publisher. Among her ardent fans, though, she remains revered as the Queen of Regency Romance, a subgenre she essentially created and popularized. Her intricately researched historical narratives are still widely read nearly 50 years after her death; Julia Quinn, whose Regency romance series “Bridgerton” spawned the hit Netflix series, called her “the original.”To date, Heyer’s books have sold around 20 million copies. But some readers have questioned her enduring popularity in light of offensive ethnic and antisemitic stereotypes that occasionally appeared in her work.

Persons: Georgette Heyer, “, Julia Quinn, ”, moneylender, Goldhanger Locations: leer

☆ For Migrating Birds, It’s the Flight of Their Lives
▼ + stars: | 2023-08-29 | by ( Emily Anthes | ) www.nytimes.com time to read: +17 min

Simone NoronhaFor Migrating Birds, It’s the Flight of Their Lives Leer en españolAmerica’s birds are in trouble. If migrating birds lose their winter refuges, the consequences will ripple across the hemisphere. MissouriMissouri provides breeding habitats for many grassland bird species, which have been faring especially poorly in recent decades. “This is a classic Pacific Northwest to west Mexico species,” Mr. Jiang said. The birds breed at marshes and wetlands across the Western United States and Canada.

Persons: Simone Noronha, “, ”, Viviana Ruiz, Gutierrez, Jeremy Radachowsky, Ken Rosenberg, Deb Hahn, Hahn, Anna Lello, Smith, Sarah Kendrick, Nick Bayly, That’s, Andrew Stillman, Archie Jiang, Mr, Jiang, Dr, Stillman, Camila Gómez, ” Dr, Ruiz Organizations: Center, Avian, Cornell, of Ornithology, Wildlife Conservation Society, Partners, New, New York Metro Area, UNITED STATES, BERMUDA BAHAMAS MEXICO Maya, PERU Moderate, Forest, Association of Fish & Wildlife Agencies, Southern Wings, The, Central, Mesoamerican Alliance for People, Forests Initiative, Forests Initiative . Missouri, CANADA UNITED STATES, BERMUDA CUBA MEXICO VENEZUELA COSTA RICA BRAZIL, U.S . Fish, Wildlife Service, Missouri Department of Conservation, Colorado Colorado, CANADA, ARGENTINA CANADA Colo, U.S, Bird Conservancy, Rockies, , Cornell Atkinson Center for Sustainability, UNITED STATES Calif, Western Locations: North America, United States, Canada, Costa Rican, Caribbean, U.S, eBird, New York, BERMUDA BAHAMAS MEXICO, BRAZIL, PERU, CHILE, ARGENTINA, PERU Moderate CHILE, Forest BRAZIL, CHILE ARGENTINA, Forest BRAZIL PERU, New York City, Bahamas, The New York, Mexico, Guatemala, Belize, Central America, Central American, Forests Initiative ., Forests Initiative . Missouri Missouri, South America, BERMUDA MEXICO VENEZUELA COSTA RICA, Missouri, BERMUDA MEXICO VENEZUELA COSTA RICA BRAZIL, BERMUDA CUBA MEXICO VENEZUELA COSTA RICA, BERMUDA CUBA MEXICO VENEZUELA COSTA RICA BRAZIL PERU, Venezuela, Argentina, Cuba, Central, South, SELVA, Colombia, Costa Rica, Plains, UNITED STATES MEXICO ECUADOR, Colorado, UNITED STATES Colo, MEXICO ECUADOR BRAZIL, Northern Mexico, Texas, California, West Coast, Alaska, Pacific, MEXICO, URUGUAY ARGENTINA Alaska, Salt, CHILE URUGUAY ARGENTINA Alaska, BRAZIL PERU BOLIVIA, URUGUAY ARGENTINA, Sierra Nevada, Chile, Western United States

☆ Fast, cheap and deadly
▼ + stars: | 2023-08-09 | by ( ) www.reuters.com time to read: +18 min

Fast, cheap and deadly How fentanyl replaced heroin and hooked AmericaLeer en EspañolReuters obtained and analyzed ten year’s worth of data on drugs seized by U.S. Customs and Border Protection (CBP) agents at ports of entry along the southern border. It shows: Fentanyl seizures by weight more than tripled in the last quarter of 2022 compared to a year earlier. Pills were mentioned in nearly half of fentanyl border seizure incidents in 2022, up from just 6% five years earlier. A fifth of fentanyl seizures take place on pedestrians, the Reuters analysis shows. Over the same period, heroin seizures fell more than 80% from over 2,000 kg, according to the Reuters analysis.

Persons: Bryce Pardo, Troy Miller, Joe Biden, Andres Manuel Lopez Obrador, ”, Chris Urben, Urben, Joaquin ‘ El Chapo ’ Guzman, “, CBP’s Miller, Jonathan Caulkins, James Mandryck, Oxycontin, Lopez Obrador, narcotrafficking, Lopez, Rosa Rodriguez, Cecilia Farfan, Mendez, Freed, Pardo, Romain Le Cour, Cour, Carlos Perez, Perez Organizations: Reuters, U.S . Customs, Border Protection, U.S . Centers for Disease Control, United Nations Office, Drugs, DEA, CBP, U.S, Nardello, Carnegie Mellon University, U.S . Postal Service, Chinese Foreign Ministry, Mexico's, North, Forensic Laboratory, University of California, Global, Transnational, U.S . Congress ’ Commission, New Generation, Center for Research Locations: Mexican, U.S, Mexico, Sinaloa, El Paso, Arizona’s Nogales, United States, offscreen, sierra, China, Beijing, Washington, University of California San Diego ., ”, New, New Generation Jalisco, Mexico City

☆ Spain General Election Results
▼ + stars: | 2023-07-23 | by ( Martín González Gómez | Lauren Leatherby | ) www.nytimes.com time to read: +2 min

Spain General Election Results Leer en españolThis election will allocate all 350 seats in the Congress of Deputies, Spain’s primary legislative body. If no single party receives an outright majority in Congress ⎯ a likely scenario ⎯ the parties will negotiate until they form a governing coalition. Seats needed for a majority Major left parties Major right parties No seats allocated yetParty Votes Percent Pct. Prime Minister Pedro Sánchez of PSOE, the mainstream social-democratic party, called a snap election after a poor result among left-leaning parties during regional and local elections in May. If either of those coalitions fail to reach a majority in parliament, they will have to garner the support of smaller regional parties.

Persons: ⎯, Pedro Sánchez, Alberto Núñez Feijóo, Vox, Santiago Abascal, Yolanda Díaz Organizations: Deputies, PSOE, Vox, Senate, UPN, Sumar Locations: Spain

☆ Here's the inflation breakdown for May 2023, in one chart
▼ + stars: | 2023-06-13 | by ( Greg Iacurci | ) www.cnbc.com time to read: +5 min

The CPI is a key barometer of inflation, measuring prices of anything from fruits and vegetables to haircuts and concert tickets. Where consumers saw inflation, deflation in MayConsumers saw gasoline prices decline 5.6% between April and May, according to the CPI report. "Energy prices at this time last year were just absurd," Leer said. watch nowBut food and energy prices can be volatile. "The progress on core inflation has stalled out in recent months," said Greg McBride, chief financial analyst at Bankrate.

Persons: Michael M, Leer, Greg McBride, They're, Ben Bernanke, Olivier Blanchard Organizations: Lincoln Market, Santiago, Getty, U.S . Bureau of Labor Statistics, Consumers, CPI, Bureau of Labor Statistics, BLS, U.S . Federal Reserve, Peterson Institute for International Economics, Bankrate Locations: Prospect, Brooklyn, New York City, U.S, Ukraine

☆ Debt ceiling threat: Time to take this political football off the field
▼ + stars: | 2023-05-17 | by ( Christine Romans | ) edition.cnn.com time to read: +5 min

In theory, the debt ceiling should act as a fiscal restraint during the budgeting process. Deciding later not to pay the bills by not raising the debt ceiling is not sound fiscal policy. Federal Reserve Chairman Jerome Powell, a Republican, has said the debt ceiling is counterproductive. And the CEO of the nation’s biggest bank, JPMorgan Chase’s Jamie Dimon turns visibly frustrated at the subject of the debt ceiling. KPMG Chief Economist Diane Swonk says the politicization of the debt ceiling has weakened America.

☆ OPEC’s surprise production cut complicates the Fed’s fight against inflation
▼ + stars: | 2023-04-08 | by ( Bryan Mena | ) edition.cnn.com time to read: +3 min

Energy prices across the globe surged last year when Russia invaded Ukraine, fueling global inflation just as the world’s major economies were beginning to rebalance after the pandemic. Now, with oil prices surging once again, headline inflation could remain elevated for longer or even rise. Even core inflation could be affectedWhile Fed officials consider multiple economic metrics in order to inform their decision making, one of their main points of focus is core inflation, which strips out volatile food and energy prices. However, higher oil prices can eventually push up core prices if they remain elevated for long enough. However, he acknowledged the eventual impact of higher prices.

☆ Interest rate decision: What to expect from the Fed meeting
▼ + stars: | 2023-03-22 | by ( Christine Romans | ) edition.cnn.com time to read: +5 min

Among the choices, the Fed could continue its aggressive rate-hike campaign to cool inflation that is running at triple the central bank’s target of 2%. Warren — already a critic of the Fed’s inflation fight — leveled further blistering criticism of the Republican Fed chief. In addition to achieving price stability and financial stability, the Fed’s broader mandate includes supervision of individual financial institutions, Leer says, and “that’s where the failure lies. “The Fed needs to secure both price stability and financial stability, something that it has failed to so recently,” he told CNN. And this Fed chief inherited an unprecedented economy.

And simmering in the background: A still unresolved Federal Reserve fight to control inflation that may pose the largest outstanding risk to the Biden economy, and over which the White House has little influence. Consumers are "reconciling layoff announcements with record job numbers, inflation that is rolling over yet prices remain elevated. The progress on inflation, meanwhile, has come so far without any corresponding hit to job growth or the unemployment rate. The unemployment rates for Black and Hispanic people are near the lows seen before the pandemic hit the U.S. economy in March of 2020. "On average, American households are in a better position than they were before the pandemic hit," National Economic Council director Brian Deese said on Monday.

☆ What to look for in Friday’s jobs report
▼ + stars: | 2023-02-02 | by ( Alicia Wallace | ) edition.cnn.com time to read: +5 min

Minneapolis CNN —A week that has been chock-full of economic data will be capped off Friday with the first US jobs report of 2023. Beyond the key headline indicators of payroll gains, unemployment and average hourly earnings, here are some other areas of the jobs report that Pollak and other economists will scrutinize when the January jobs report is released Friday morning. Average weekly hoursIn December, the average working week for employees — including part-time workers — was 34.3 hours, according to BLS data. Labor force participationThe imbalance of labor demand and worker supply has been consistently highlighted by the Fed as a potential sticking point in its efforts to lower inflation. The world has changed pretty dramatically over the last two to three years, and it’s going to be difficult to show people that the skills they possess are needed right now.”The government’s monthly jobs report is scheduled to be released at 8:30 a.m.

☆ Job openings unexpectedly jump to 11 million in December
▼ + stars: | 2023-02-01 | by ( Alicia Wallace | ) edition.cnn.com time to read: +5 min

The 11 million openings for December is the highest since July. The largest increases in job openings were in accommodation and food services, which were up 409,000; retail trade, up 134,000; and construction, up 82,000, according to the BLS report. “The labor market continues to defy the recession predictions of experts,” said Christopher Rupkey, chief economist with FwdBonds, in a statement. Layoffs increased to 1.47 million from 1.41 million in November, and the number of people quitting their jobs ticked down to 4.09 million from 4.1 million. Still, there may be something more than meets the eye in December’s openings number, she added.

☆ Silicon Valley layoffs go from bad to worse
▼ + stars: | 2023-01-09 | by ( Catherine Thorbecke | ) edition.cnn.com time to read: +6 min

At Amazon and other tech companies, the second half of last year was marked by hiring freezes, layoffs and other cost-cutting measures at a number of household names in Silicon Valley. Rising interest rates also dried up the easy money tech companies relied on to fuel big bets on future innovations, and cut into their sky-high valuations. While there have been some layoffs recently in the consumer goods sector and hints of more to come elsewhere, the situation in Silicon Valley remains in stark contrast to the economy as a whole. And despite the robust overall labor market, there are growing concerns that tech layoffs could spread elsewhere. In that sense, at least, Silicon Valley may once again be ahead of the curve, but not in the way it wants.

Any time America reports its economy is strong, Wall Street has a freak-out. So why is good news taken as bad news on Wall Street? Wall Street is particularly sensitive to strong jobs numbers. The fear is that the strong jobs market (good for Main Street) will spin off more inflation (bad for companies and Wall Street.) That may not sound like great news to you or me, but Wall Street took that reading as a sign the Fed’s medicine may be beginning to work.

☆ Morning Consult: U.S. job market resilient despite deceleration of employment growth rate
▼ + stars: | 2022-12-02 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMorning Consult: U.S. job market resilient despite deceleration of employment growth rateJohn Leer, chief economist at Morning Consult, discusses the resilience of the U.S. jobs market, tech sector lay-offs, and the impact of structural employment trends on inflation.

Net worth is 30% higher than before the pandemic, more so for those in the bottom half. Overall, the economy is expected to grow in 2022, albeit slowly, after concerns earlier in the year that it had begun to contract. The unemployment rate has averaged 3.6% since March - better than before the 2018 midterm elections under Trump, and unrivaled really since the 1966 midterm elections. But a third of both Democrats and Republicans said they had delayed a "home, office or other purchase" because of higher rates - decisions that can sting as families plan for the years ahead. But for the last year the growth has stalled, and heading into the elections on Tuesday there seems little optimism left.

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