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A missing Kansas woman who disappeared this year and was found in a freezer buried in a cow pasture in the Oklahoma panhandle was killed in a stabbing attack that left her with dozens of wounds, according to a medical examiner’s report. Veronica Butler, 27, died from sharp force trauma and had 30 wounds, 10 of which were consistent with her trying to defend herself, the Office of the Chief Medical Examiner in Oklahoma said in its report. Texas County Sheriff's DepartmentButler and Jilian Kelley, 39, a court supervisor in a children’s custody case, disappeared March 30. The defendants are Tifany Adams; Adams’ boyfriend, Tad Bert Cullum; Cole Earl Twombly; Cora Twombly and Paul Grice. On the day she disappeared, a day she had visitation, Butler planned to take her daughter to a birthday party.
Persons: Veronica Butler, Jilian D, Kelley, Veronica C, Butler, Butler . Texas County Sheriff's Department Butler, Jilian Kelley, Tifany Adams, Adams, Tad Bert Cullum, Cole Earl Twombly, Cora Twombly, Paul Grice ., Tim Laughlin, Cullum Organizations: Butler . Texas County Sheriff's Department, Oklahoma State Bureau of, State Bureau of Investigation Locations: Kansas, Oklahoma, Butler . Texas, Texas County , Oklahoma
CNN —Dozens of people detained during protests over Venezuela’s disputed presidential election have been released, according to the local rights group Foro Penal. Video footage from outside one of the prisons shows some of those released hugging loved ones surrounded by cheering crowds. Human Rights Watch has said there are “credible” reports of 24 people being killed during the crackdown on the protests. Jesús Manuel Martínez Medina, a member of the opposition party Vente Venezuela, was detained on August 2 and had been in hospital since October 11. But tens of thousands of tallies published by the opposition suggested a win for opposition leader Edmundo Gonzalez.
Persons: Penal’s, Alfredo Romero, Nicolas Maduro, Jesús Manuel Martínez Medina, , Edmundo Gonzalez, Maduro, , Hugo Chávez – Organizations: CNN, Foro Penal, Human Rights Watch, Venezuela’s Locations: Aragua, Foro, Venezuela
The Fed is going to cut interest rates by 50 basis points in December, Citi economist Veronica Clark said. Labor market weakness is showing across a number of data points, she said. According to Veronica Clark, deteriorating labor dynamics will force the central bank to cut rates by 50 basis points in December. Her point has grown more evident after October's jobs report underwhelmed expectations with only 12,000 jobs added. AdvertisementThough October's unemployment rate stayed unchanged on a rounded basis, Clark noted that it was it nearly rounded to 4.2%.
Persons: Veronica Clark, It's, Clark, , Reserve isn't Organizations: Citi, Labor, Service, Reserve, Bloomberg
CNN —Millions of Cubans remained without power for a third day in a row Sunday after fresh attempts to restore electricity failed overnightThe Cuban Electrical Union said about 16% of the country had had power restored when the aging energy grid again overloaded late Saturday. Cuba’s first island-wide blackout happened on Friday, when one of the country’s major power plants failed, according to the energy ministry. Hours after officials said power was being slowly restored, the country suffered a second nationwide blackout on Saturday morning. The country’s health minister, José Angel Portal Miranda, said Friday on X that the country’s health facilities were running on generators and that health workers continued to provide vital services. Reuters reporters witnessed two small protests overnight into Sunday, while videos of protests elsewhere in the capital have also surfaced.
Persons: Manuel Marrero Cruz, , Angel, Miranda, CNN’s Mia Alberti, Calderón, Gerardo Lemos Organizations: CNN, Cuban Electrical Union, Cuban Locations: Cuba, Havana, Venezuela, Russia, Mexico
CNN —Cuba suffered a second nationwide blackout Saturday morning, hours after officials said power was being slowly restored. “At 6:15 am a new total outage occurred of the national electroenergetic system,” a post on the Cuba Electrical Union’s official Telegram channel said. Millions of people have been left without power over the last several days as the aging Cuban electrical grid repeatedly collapsed. Cuban officials have blamed a confluence of events from increased US economic sanctions to disruptions caused by recent hurricanes and the impoverished state of the island’s infrastructure. The country’s health minister, José Angel Portal Miranda, said on X that the country’s health facilities were running on generators and that health workers continued to provide vital services.
Persons: Manuel Marrero Cruz, , Angel, Miranda, CNN’s Mia Alberti, Calderón, Gerardo Lemos Organizations: CNN, Cuba Electrical Union’s, Electric, Cuban Locations: Cuba, Havana
Havana CNN —Cuba’s electrical grid shut down on Friday, putting the country into a blackout after the failure of one of the island’s major power plants, according to its energy ministry. In a statement on X, the ministry said “the failure” of the Antonio Guiteras Power Plant caused “the total disconnection of the National Electrical System” from 11 a.m. This week, Cuba’s increasingly energy-strapped government called for draconian measures to save power, including telling many workers to stay home. Millions of people on the communist-run island have been left without power over the last several days as the aging Cuban electrical grid repeatedly collapsed. The Cuban Electric Union has also reported that 37 power generation plants are out of service due to lack of fuel.
Persons: Antonio Guiteras, Manuel Marrero Cruz, , Marrero, Vicente de la O Levy, Mariel, Santiago Organizations: Havana CNN, National, Cuban, Energy, Mines, Cuban Electric Union, Ministry of Energy, Santiago de Cuba, CNN, Español Locations: Havana, Cuba, Matanzas, Santiago de
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailClark: We predict a weak labor market with only 70,000 jobs addedVeronica Clark, a Citi economist, confirms that inflation is slowing with an expected 0.2% monthly increase. She predicted a weak labor market with only 70,000 jobs added in September and forecasted a 50-basis point Fed cut in November, possibly larger if conditions worsen.
Persons: Clark, Veronica Clark Organizations: Citi
Zambada would later claim that he was “ambushed” and “kidnapped” by Guzmán López and hand-delivered to US authorities. It remains unclear why Guzmán López surrendered to US authorities and brought Zambada with him. Forensic investigators remove a body from the street in La Costerita, Culiacan, Sinaloa state, Mexico, Thursday, Sept. 19, 2024. “In Sinaloa, there wasn’t the violence that there is now,” the Mexican president said Thursday. Mexican Defense Secretary Luis Cresencio Sandoval said on Tuesday that at least two soldiers died last week during the violence in Sinaloa.
Persons: Andrés Manuel López Obrador, López Obrador, Washington, Ismael “ El, Ismael “ El Mayo ” Zambada, Joaquín Guzmán López, “ El, Guzmán, Zambada, , , Guzmán López, ” Zambada, Mexico Ken Salazar, Eduardo Verdugo, Ruben Rocha Moya, Luis Cresencio Sandoval Organizations: CNN, Sinaloa Cartel, Ismael “ El Mayo ”, US Department of Justice, Gov, Armed Forces, Mexican Locations: United States, Sinaloa, El Paso , Texas, Mexico, , La Costerita, Culiacan,
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCiti's Veronica Clark on why she expects a 125 basis points reduction this yearVeronica Clark, Citi economist, joins 'Squawk Box' to discuss the Fed's interest rate decision today, what to expect from the central bank's policy meeting, why she expects rate cuts to total 125 basis points this year, and more.
Persons: Veronica Clark Organizations: Citi
The Federal Reserve gets its last look this week at inflation readings before it will determine the size of a widely expected interest rate cut soon. On Wednesday, the Labor Department's Bureau of Labor Statistics will release its consumer price index report for August. With the issue virtually settled over whether the Fed is going to cut rates when it wraps up the next policy meeting Sept. 18, the only question is by how much. "Inflation data has taken a backseat to labor market data in terms of influence on Fed policy," Citigroup economist Veronica Clark said in a note. "But with markets — and likely Fed officials themselves – split on the appropriate size of the first rate cut on September 18, August CPI data could remain an important factor in the upcoming decision."
Persons: Veronica Clark, Dow Organizations: Federal Reserve, Labor Department's Bureau of Labor Statistics, BLS, CPI, Citigroup, Fed, PPI
CNN —Esteban Wood still remembers the time a 74-year-old Mexican farmer in Homestead, Florida, collapsed on the job from extreme heat. Such outdoor workers include lifeguards, transportation employees, ironworkers, agricultural workers and letter carriers. States like California, Colorado, Minnesota and Washington, have some heat protections for workers but they are not uniform or sweeping. For example, Minnesota’s protections only apply to indoor workers while California’s heat protections include both indoor and outdoor workers. The government must implement wage protections alongside heat protections, said Dr. Kristina Dahl, a principal climate scientist at the Union of Concerned Scientists.
Persons: CNN — Esteban Wood, Wood, Jose Delgado, Delgado, Bill, Greg Abbott, Rob DeSantis, Ana Gonzalez, , , Mario Tama, El Paso, Collyn Peddie, Travis, Peddie, Brian Renfroe, Eugene Gates Jr, Biden, Renfroe, Kristina Dahl, Dahl, it’s, ” Dahl, ” Veronica Carrasco, Carrasco, ” Carrasco Organizations: CNN, Texas Gov, Florida Gov, AFL, El, Carriers, Union of Concerned, Department of Labor, US Postal Service, Occupational Safety, Health Administration Locations: Homestead , Florida, Florida, Texas, Coachella , California, California, Coachella, California , Colorado , Minnesota, Washington, Houston, San Antonio, Houston’s, United States, Phoenix , Arizona, U.S, Honduran, Dallas, Honduras
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
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While he has stated support for Roe v Wade, in 2023, at a fundraiser Biden said, “I’m a practicing Catholic. Feminist activists demonstrate in favor of the decriminalization of abortion on International Safe Abortion Day, in Mexico City, September 2023. Silvana Flores/AFP/Getty ImagesFor decades, abortion was criminalized in Mexico, while in the US the constitutional right was established in the Roe v. Wade decision in 1973. Since the Supreme Court overturned Roe v. Wade, more than 20 US states ban or restrict abortion. I never imagined that.”In the US, I wonder if I will see a woman elected as president in my lifetime.
Persons: Alice Driver, , Mexico’s, Alice Driver Luis_Garvan, Claudia Sheinbaum, Xóchitl, , Donald Trump, Andrés Manuel López Obrador, Sheinbaum, Susan Segal, Trump, Stormy Daniels, Roe, Wade, Biden, “ I’m, I’m, Roe America, Silvana Flores, Verónica Cruz, ” Cruz Organizations: American Worker, Meatpacking Company, New Yorker, The New York, Oxford American, CNN, CNN —, Mexico City, Society, Americas, Roe, Getty, Mexico’s, America –, Trump, Biden, Young Texas Locations: Mexico, New, United States, New York, Roe, Mexico City, AFP, Arkansas, America, America – Mexico, Argentina, Colombia, Mexican
The finales of "The Good Doctor" and "Survivor" aired this week. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . "Survivor" and "The Good Doctor" both wrapped this week, the latter for good. This story is available exclusively to Business Insider subscribers.
Persons: Jennifer Lopez, , It's, Max Organizations: Netflix, Service, Business
Stocks closed higher on Thursday ahead of Apple earnings and the April jobs report. Bank of America's Savita Subramanian said the stock market has more room to run even without a rate cut. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementUS indexes closed higher on Thursday ahead of Apple's earnings and a key labor report set to be published Friday morning. Bank of America's US equity head, Savita Subramanian, has said the stock market has more room to run even without looser monetary policy.
Persons: America's Savita Subramanian, , Dow Jones, Veronica Clark, payrolls, Jerome Powell, Savita Subramanian Organizations: Apple, Bank, America's, Service, Nvidia, Microsoft, Dow, Citi, Bank of, Bloomberg, Nasdaq Locations: China
It's still likely the Fed will issue its first rate cut this June, Citi economist Veronica Clark said. That's because central bankers will need to support a weakening labor market, Clark told Yahoo Finance. AdvertisementThe Federal Reserve is still likely to cut rates in June in order to prop up the labor market amid a slowdown in hiring, according to Citi economist Veronica Clark. "We have a base case for June still," Clark said of rate cuts, though she noted a July Fed rate cut was also possible. Markets are now pricing in just one or two cuts by December, according to the CME FedWatch tool, down from as many as seven rate cuts projected at the start of 2024.
Persons: It's, Veronica Clark, Clark, , That's, Powell Organizations: Citi, Yahoo Finance, Service, Bureau of Labor Statistics — Locations: Central
The slowing growth and stubborn inflation picture emerging in the U.S. economy may not be quite a nightmare scenario for the Federal Reserve, but it at least could make for some restless sleep. Markets had been looking for the string of good readings dating back to mid-2022 to continue, with economists estimating real GDP growth of 2.4% and inflation readings around 3%. What it got was essentially what some on Wall Street called the worst of both worlds, with weakening growth and stubborn price pressures. The Fed will get a more granular look at PCE data on Friday when the Commerce Department releases the monthly figures for March. "We still think Fed cuts are coming this summer, before inflation has sustainably slowed."
Persons: Matthew Ryan, , Ryan, Steven Blitz, Veronica Clark Organizations: Federal Reserve, Commerce, Treasury, Commerce Department, TS Lombard, Citigroup, Citi Locations: U.S
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailClark: It bears watching state unemployment data that could foretell a potential recessionCiti economist Veronica Clark discusses whether hiring growth will continue to hold up, and items below the surface of the headline jobs report figures that could spark concerns about the labor market.
Persons: Veronica Clark Organizations: Citi
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailInvestors can expect the first Fed rate cuts in June, says Citi's Veronica ClarkVeronica Clark, Citi economist, and Peter Boockvar, Bleakley Advisory Group CIO, joins 'Squawk Box' to discuss the state of the economy, latest market trends, the Fed's rate path outlook, and more.
Persons: Citi's Veronica Clark Veronica Clark, Peter Boockvar Organizations: Citi, Bleakley
CNN —Mere moments after SpaceX’s Starship system — the most powerful rocket ever built — was lost in a test flight Saturday, a somewhat complicated narrative around the vehicle began to emerge. “What we did today will provide invaluable data to continue rapidly developing Starship,” SpaceX said Saturday in a statement. SpaceX's mega rocket Starship launches for a test flight from Starbase in Boca Chica, Texas, on Saturday, November 18, 2023. The Starship spacecraft was then able to ignite its own engines and break away from the Super Heavy rocket booster to continue the mission. SpaceX's Starship rocket prototypes are seen at the SpaceX Starbase in Brownsville, Texas, on August 19, 2023.
Persons: CNN —, Artemis III —, Bill Nelson, SpaceX, , Eric Gay, John Insprucker, Elon Musk, Jim Watson, Wayne Hale, they’ve, ” Hale, , They’ve, , SpaceX’s, Christina Hammock Koch, Victor Glover, Reid Wiseman, Jeremy Hansen, Wiseman, Glover, Hammock Koch, Hansen, Artemis, Bill Ingalls, Hale, Jeff Bezos, Lakiesha Hawkins, ” Hawkins, NASA isn’t, Apollo Hale, Neil A, Armstrong, Michael Collins, Edwin E, Aldrin Jr, ” What’s, Veronica Cardenas, Reuters It’s Organizations: CNN, SpaceX, NASA, China, Super, International Astronautical, Getty, FAA, CSA, Canadian Space Agency, Orion, Planetary Society, SLS, Origin, Blue, Kennedy Space Center, Saturn, Earth, ” CNN, Reuters, Federal Aviation Administration Locations: Starbase, Boca Chica , Texas, Baku, Azerbaijian, Boca Chica, South Texas, AFP, Texas, Washington, Florida, , SpaceX’s, Brownsville , Texas
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The anticipated moderation in employment growth last month would also be pay back after September's enormous gains, the largest in eight months. The Labor Department's closely watched employment report on Friday is expected to show labor market conditions steadily easing, with annual wage growth the smallest in nearly 2-1/2 years and significant growth in the supply of workers. Manufacturing payrolls are forecast falling 10,000 after advancing 17,000 in September. Last week, the BLS reported at least 30,000 UAW members were on strike during the period it surveyed businesses for October's employment report. Wages gains would still be above the 3.5% that economists say is consistent with the Fed's 2% target.
Persons: Brian Snyder, Detroit's, Sam Bullard, payrolls, Veronica Clark, we've, Sung Won Sohn, we're, Brian Bethune, that's, Lucia Mutikani, David Gregorio Our Organizations: Taylor Party, Equipment Rentals, REUTERS, UAW, United Auto Workers, Labor, Federal Reserve, Labor Department's Bureau of Labor Statistics, Manufacturing, BLS, Citigroup, UPS, Finance, Loyola Marymount University, Boston College, Thomson Locations: Somerville , Massachusetts, U.S, WASHINGTON, Wells, Charlotte , North Carolina, New York, Los Angeles
REUTERS/Eduardo Munoz/File Photo Acquire Licensing RightsSummaryCompanies Retail sales increase 0.7% in SeptemberCore retail sales rise 0.6%; August sales revised upManufacturing production increases 0.4%WASHINGTON, Oct 17 (Reuters) - U.S. retail sales increased more than expected in September as households stepped up purchases of motor vehicles and spent more at restaurants and bars, cementing expectations that economic growth accelerated sharply in the third quarter. Retail sales rose 0.7% last month. Economists defended their forecast for tepid retail sales growth, which they said was based on softening consumer confidence. Excluding automobiles, gasoline, building materials and food services, retail sales rose 0.6% in September. Data for August was revised up to show these so-called core retail sales gaining 0.2% instead of 0.1% as previously reported.
Persons: Eduardo Munoz, Goldman Sachs, Christopher Rupkey, James Knightley, Jay Hawkins, Veronica Clark, Lucia Mutikani, Chizu Nomiyama, Andrea Ricci Organizations: REUTERS, Federal Reserve, Fed, Reuters, Commerce Department's, ING, BMO Capital Markets, Treasury, Financial, Amazon, Commerce Department, Citigroup, Thomson Locations: New York City, U.S, WASHINGTON, New York, Toronto
Moderate US job growth slowdown expected in September
  + stars: | 2023-10-06 | by ( Lucia Mutikani | ) www.reuters.com   time to read: +6 min
The Labor Department's closely watched employment report on Friday is also expected to show wage gains remaining elevated. Eighteen months after the Federal Reserve started raising interest rates, the labor market is only gradually easing. Labor market resilience, which is underpinning demand in the economy, raises the risk that the U.S. central bank could hike rates again by year end. Nonfarm payrolls likely increased by 170,000 jobs last month after rising 187,000 in August. Wage growth likely remained solid, with average hourly earnings forecast to have risen 0.3% after climbing 0.2% in August.
Persons: Elizabeth Frantz, Nick Bunker, Nonfarm, payrolls, Veronica Clark, Clark, Megan Way, Lucia Mutikani, Andrea Ricci Organizations: REUTERS, Labor, Federal Reserve, Citigroup, United Auto Workers, UAW, General Motors, Ford Motor, Chrysler, Hollywood, Babson College, Thomson Locations: Arlington , Virginia, U.S, y WASHINGTON, Tampa , Florida, Payrolls, New York, Washington ., Wellesley , Massachusetts
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