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“I’ve never seen a Republican or Democratic pothole,” Mr. Dandoy, 71, a retired high school English teacher, would tell voters. One spectator was dead at Donald J. Trump’s campaign rally on the farm show grounds, two more were critically injured. E-mailers charged that the city failed to protect Mr. Trump, maybe even wanted him to be a target. Callers demanded that the city admit that Mr. Trump’s supporters staged the shooting. The mayor has tried to remind everyone that Butler is a community that accomplishes good things, that has worked through disagreements together.
Persons: Butler, Bob Dandoy, “ I’ve, Mr, Dandoy, Donald J, Trump, Trump’s Organizations: Republican, Democratic, Secret Service, Mr Locations: Pa, texted
One cost pulling the average way up: car insurance, which rose 20.6% over the past 12 months. For drivers, the question isn't why rates are up across the board, but how they can keep their auto insurance costs from breaking the budget. How to keep your car insurance costs downSome reasons for rising premiums are unique to you, experts point out. But if your car insurance costs are going up as a matter of course, there are a few steps you can take to bring things down. "The best way to save money on your car insurance is to compare quotes from multiple companies to make sure you are getting the lowest possible rate," she says.
Persons: Loretta Worters, it's, Mark Hamrick, It's, Rachael Brennan, You'll Organizations: of Labor Statistics, Insurance, Institute, District of Columbia
Today, Celeste reads a “Modern Love” essay about exactly that bond, a mother trying desperately to reach her child. Why do you think you’re so drawn to tiny things? If you’re going to make something in miniature, you have to spend a lot of time really looking at it. Because, OK, Betsey’s daughter spray paints, “Too many bushes, not enough trees,” and you’re going around putting, honestly, beautiful lines of T.S. So there is something about that language that even if you think you’re rational, it’s getting to you somehow.
Persons: anna martin, ” I’m Anna Martin, you’re, Celeste Ng, Celeste, they’re, ” celeste, anna martin So, celeste ng, anna martin Tell, I’ve, I’m, celeste, anna martin Well, It’s, , Betsy MacWhinney, George W, Bush, Marissa, strode, , Wendell Berry’s “, Mary Oliver, Oliver, Berry, Marissa didn’t, I’d, wouldn’t, anna martin Isn’t, Betsy, She’s, anna martin Really, anna martin Celeste, Eliot, you’ve, ” anna martin, celeste ng I’m, anna martin Talking, she’s, anna martin Wow, anna martin I, didn’t, who’s, anna martin Betsy, Wendell Berry, what’s, , anna martin I’m, we’ve, He’s, anna martin He’d, Anna, Brittany Howard, brittany howard Love Organizations: The New York Times, eBay, Farmer, NASA Locations: manila, Sierra Leone, T.S, Hong Kong, There’s
The 2-year Treasury yield was last more than two basis points higher to 4.7413%. U.S. Treasury yields were slightly higher on Friday as investors considered the path ahead for interest rates after fresh comments from Federal Reserve speakers. Investors considered the uncertain outlook for interest rates, especially when and how often they would be cut this year. Fed Governor Christopher Waller on Thursday said that he was looking for more evidence that inflation was cooling before cutting interest rates. January's consumer price index and producer price index readings had both come in hotter than expected, raising concerns about whether inflation is more persistent than many had hoped for.
Persons: Christopher Waller, Lisa Cook Organizations: Treasury, U.S, Federal Reserve, Investors, Fed
Christopher Waller, governor of the US Federal Reserve, during a Fed Listens event in Washington, D.C., on Friday, Sept. 23, 2022. Federal Reserve Governor Christopher Waller said Thursday he will need to see more evidence that inflation is cooling before he is willing to support interest rate cuts. on cutting rates, the central bank official said higher-than-expected inflation readings for January raised questions on where prices are heading and how the Fed should respond. He added that there are few signs inflation will fall below 2% anytime soon based on strong 3.3% annualized growth in gross domestic product and employment, with few signs of a potential recession in sight. "That makes the decision to be patient on beginning to ease policy simpler than it might be," Waller said.
Persons: Christopher Waller, Waller Organizations: US Federal Reserve, Washington , D.C, Federal, Committee Locations: Washington ,, Minneapolis
UNICEF Executive Director Catherine M. Russell speaks during a meeting of the United Nations Security Council on Threats to International Peace and Security, following Russia's invasion of Ukraine, in New York City, U.S., March 7, 2022. REUTERS/Carlo Allegri/File photo Acquire Licensing RightsUNITED NATIONS, Nov 15 (Reuters) - UNICEF Executive Director Catherine Russell was injured in a car accident in Egypt on Tuesday while traveling to the Gaza Strip and has had to postpone a visit to Israel due to her injuries, a UNICEF spokesperson said on Wednesday. "While en route to Rafah, we believe the car hit or tried to avert a big pothole that made the car go over a deep ditch and flip on the side," said UNICEF head of media Kurtis Cooper, adding that Russell "experienced significant bruising, and is in quite a bit of discomfort, but her injuries are not considered serious." He said Russell continued her visit to Gaza and then doctors determined she required further care, so she postponed the rest of her visit to the region, which included Israel, where she had hoped to meet with families of abducted children. Reporting by Michelle Nichols; editing by Paul GrantOur Standards: The Thomson Reuters Trust Principles.
Persons: Catherine M, Russell, Carlo Allegri, Catherine Russell, Kurtis Cooper, Michelle Nichols, Paul Grant Organizations: UNICEF, United Nations Security, Peace, Security, REUTERS, UNITED NATIONS, Gaza, Thomson Locations: Ukraine, New York City, U.S, Egypt, Israel, Rafah, Gaza
In 1876, the House passed the Holman Rule for the very first time. The rule's been utilized 36 times this year by House Republicans. AdvertisementAdvertisementRep. Marjorie Taylor Greene and House Republicans are trying to bring an obscure House rule from the 19th century back in vogue. The Holman Rule hasn't always been included in rules packages since it its introduction in 1876 — the rule has been removed and re-added to the House rule book on numerous occasions. The 115th Congress also briefly instituted the Holman Rule, though the congressional body never passed a single amendment using it.
Persons: Holman, , Marjorie Taylor Greene, William S Holman, Greene's, Defense Lloyd Austin, Transportation Pete Buttigieg, Alejandro Mayorkas, Amanda Bennett, Pete, Greene, Antony Blinken, Cyrus Salazar, hasn't, Kevin McCarthy Organizations: House Republicans, Service, Biden, Rep, Defense, Transportation, Homeland, US Agency for Global Media, White, Lawmakers, Department of Defense's, Diversity, Equity, Senate, GOP, Representatives, Congress Locations: Canadian
HOUSTON (AP) — The challenges facing Houston’s next mayor are familiar to many big cities: crime, crumbling infrastructure, budget shortfalls and a lack of affordable housing. “This (new) mayor comes along at a time when the city is doing well, though the city faces issues,” said Bob Harvey, president and CEO of the Greater Houston Partnership, a local business group. They highlight what they see as Houston’s failings while touting it as an international city teeming with diversity. Others in contention are former head of Houston’s public transit system Gilbert Garcia, attorney Lee Kaplan, Houston City Councilman Robert Gallegos and former council members Jack Christie and M.J. Khan. The city’s challenges are due in part to its explosive growth over the past decade.
Persons: Houston’s, Sheila Jackson Lee, Sen, John Whitmire, , Bob Harvey, Houston, Sylvester Turner, Gilbert Garcia, Lee Kaplan, Robert Gallegos, Jack Christie, M.J, Khan, ” Garcia, Garcia, Greg Abbott, Troy Finner, Patrick Jankowski, Bill King, Brandon Rottinghaus, Jackson Lee, Johnny Mata, , ” Mata, Jankowski, Harvey, ” Harvey, Juan, Lozano Organizations: HOUSTON, U.S . Rep, Texas Legislature, Texas Democrats, Greater Houston Partnership, Houston, Republican Gov, Houston Police, pothole, University, Greater Houston Coalition for Justice Locations: November’s, U.S, Houston, Texas, Houston City, Harris County, America
CNN —Photographer Chloe Sherman had rarely used social media, until a chance discovery by her daughter prompted her to revisit her work documenting the queer community in 1990s San Francisco. Although she had previously exhibited some photographs from her time in San Francisco, the majority of her work, which she shot on 35-millimeter film, only existed as negatives. So, after Sherman’s daughter and a friend helped create an Instagram account for her, she began digitizing and uploading her photos onto the platform. In this context, San Francisco was widely seen as a safe haven, with a long history of welcoming LGBTQ people. For Sherman, who had grown up making photographs and later studied at the San Francisco Art Institute, it felt important to document the moment.
Persons: Chloe Sherman, Sherman’s, , ” Sherman, Sherman, Paula, Carmen, San Francisco, Brandon Teena, Matthew Shepard, Castro, America’s, Harvey Milk, Chloe Sherman Sherman, , ’ ”, Anna Joy, lounging, isn’t, , San Francisco — Organizations: CNN, “ Renegades, San Francisco’s Mission, Fair, San Francisco Art Institute, Anna Joy Post, Sherman, Mission Locations: San Francisco, City, San, Schlomer, Berlin, Germany, San Francisco’s, Francisco, Folsom, Folsom St, California, Portland , Oregon, , Mission
A bronze seal for the Department of the Treasury is shown at the U.S. Treasury building in Washington, U.S., January 20, 2023. Treasury yields, which move inversely to prices, hovered near their highest levels since 2007 on Thursday, continuing a bond market selloff that has pushed yields up by more than 40 basis points since the start of October. At close to 5%, 10-year Treasury yields are significantly above their fair value of 4.2% to 4.3%, Goldman Sachs noted. Treasuries will likely rally as the economy hits a "pothole" in the fourth quarter, Goldman Sachs said. "The key risk to this trade is that U.S. data is stronger than expected leading yields to fall less than our strategist expects," Goldman Sachs wrote.
Persons: Kevin Lamarque, Goldman Sachs, Treasuries, Scott Wren, Wren, David Randall, Will Dunham Organizations: Department of, U.S . Treasury, REUTERS, Treasury Bond ETF, Treasury, Wells, Investment Institute, Thomson Locations: Washington , U.S, U.S, Wells Fargo
CNN —The 1985 Domino’s Pizza delivery car looks more like it was designed to shoot down invading alien spacecraft than to bring you a hot delicious pepperoni pie. But back in the ’80s, Domino’s founder Tom Monaghan ordered 10 Tritan A2 cars and customized them with warming ovens in the back to deliver pizzas around Ann Arbor, Michigan, where Domino’s is headquartered. The Tritan A2 was designed by engineers James Amick and his son Douglas. Mecum Auctions did not provide a value estimate for the Tritan A2. Domino’s did not respond to questions about the Tritan A2.
Persons: Tom Monaghan, James Amick, Douglas, It’s, crosswinds, Douglas Amick, Chuck Sinnott, Sinnot, , Sinnott, , Domino’s, Dominos Organizations: CNN Locations: Ann Arbor , Michigan, Vegas, California, Monterey
Many investors expect that could be the capitulation event equities need to bottom out before rebounding. "If you get down to five and a quarter all hell's gonna break loose," Rob Ginsberg, managing director at Wolfe Research. The yield on the 10-year Treasury has spiked sharply to about 4.8% this week, about 1 whole percentage point above where it was in mid-July at around 3.7%. In fact, it won't take much for the positive narrative to start to take hold in markets, Hogan said. Hogan anticipates the S & P 500 could rise to 4,800 by year end, about 13% above where it is currently.
Persons: Rob Ginsberg, Fitch, Ray Dalio, Jamie Dimon, Wolfe Research's Ginsberg, Ginsberg doesn't, You'll, Ginsberg, Riley Financial's Art Hogan, they'll, Read, Hogan, Kevin McCarthy, Goldman Sachs, Jan Hatzius, Katie Stockton, Bank of America's Stephen Suttmeier, Jeffrey Hirsch, I'm, Hirsch Organizations: Dow Jones, Treasury, Wolfe Research, Federal Reserve, JPMorgan, CNBC Pro's, Supply, Bank of America's Locations: Saudi Arabia
But while external forces seem to be threatening markets, Dominic Wilson, senior advisor in Goldman Sachs' global markets research group, thinks investors themselves will turn recession fears into a self-fulfilling prophecy. In a note to clients late last week, Wilson wrote that the strength of the US economy has pushed markets upwards for most of the year. Investor sentiment has driven markets all year — particularly the exuberance over the potential of AI, which sent shares of a few key tech stocks higher and dragged the rest of the S&P 500 along with them. But Wilson thinks these issues are simply a "pothole" that the market will eventually recover from. If that's the case and stocks do bounce back in 2024, smart investors should position themselves now for profits later.
Persons: Dominic Wilson, Goldman Sachs, Wilson, Americas Equity Research Steven Kron, Kron, Morgan Stanley, there's Organizations: Federal Reserve, Americas Equity Research, Wall
Be it the United Auto Workers strike , the impending government shutdown or the resumption of deferred student loan payments , ominous barriers to growth have been lining up. "The economic headwinds are blowing, and they're blowing harder and harder," said Mark Zandi, chief economist at Moody's Analytics. JPMorgan Chase CEO Jamie Dimon recently cautioned clients that the Fed may have to take rates a good deal higher yet. Still, that's well rate above the central bank's 2% target, posing another potential headwind to growth. Despite the looming slowdown, consumers, who are pivotal to U.S. growth, have managed to hang in there.
Persons: Mark Zandi, Goldman Sachs, Goldman, Ronnie Walker, Alec Phillips, tumbles, Sam Stovall, JPMorgan Chase, Jamie Dimon, We're, Liz Ann Sonders, Charles Schwab, Jerome, Powell, They've Organizations: United Auto Workers, Moody's, UAW, Atlanta, JPMorgan, University of Michigan's, Commerce Department Locations: U.S
Student loan repayments restart in October after a three-year suspension during the COVID-19 pandemic. In isolation, none would likely shift policymakers' sense of the short-term risks or change their focus on quelling still-elevated inflation. By Goldman's estimate the economy would still be growing at a 1.3% annual rate at that point. But the amounts they see sliced from GDP are more than the 1% growth rate Fed officials expected the economy to muster as of June, and beyond many private forecasts as well. Some economists say the resumption of student loan repayments for tens of millions of borrowers may already be reshaping behavior.
Persons: Goldman Sachs, Vincent Reinhart, Reinhart, Michael Pearce, Ian Shepherdson, Kieran Clancy, They've, Howard Schneider, Dan Burns, Andrea Ricci Organizations: . Federal Reserve, United Auto Workers, Federal, Republicans, Reuters Graphics Reuters, Mellon, Reuters, Oxford Economics, Congressional, U.S . Department, Education, Thomson
Fed unlikely to raise rates in November, says Goldman Sachs
  + stars: | 2023-09-16 | by ( ) www.reuters.com   time to read: +2 min
The exterior of the Marriner S. Eccles Federal Reserve Board Building is seen in Washington, D.C., U.S., June 14, 2022. REUTERS/Sarah Silbiger/File Photo Acquire Licensing RightsSept 16 (Reuters) - The Federal Reserve is unlikely to raise interest rates at its Oct. 31-Nov. 1 meeting, Goldman Sachs strategists wrote on Saturday, while also forecasting the U.S. central bank would lift its economic growth projections when policymakers gather next week. The odds for the policy rate, which is currently in the 5.25%-5.50% range, staying unchanged at the Oct. 31-Nov. 1 gathering stood at roughly 72% on Saturday, CME's data showed. Next year could see "gradual" rate cuts if inflation continues to cool, Goldman's strategists added. They also said the central bank could raise its estimates for 2023 U.S. growth to 2.1% from 1%, when policymakers update their economic projections on Wednesday, reflecting the economy's resilience.
Persons: Sarah Silbiger, Goldman Sachs, Janus Henderson, Ira Iosebashvili, Paul Simao Organizations: Eccles Federal Reserve, Washington , D.C, REUTERS, Federal, Morgan Asset Management, Janus Henderson Investors, Thomson Locations: Washington ,
The following excerpt reveals how Amazon attempted to utilize its physical bookstores to bolster Amazon Prime and its other digital subscription services — in sometimes unethical ways. Among them were bookstores, under the name Amazon Books, which first opened to the public in 2015. Prior to the pandemic, store customers could view one of the free trial offers on a screen in front of them. Amazon spokesperson Jordan Deagle told me that there was no corporate mandate to increase sign-ups for free trials of Amazon subscriptions. The e-commerce giant just couldn't break away from its digital DNA, even in a physical store setting.
Persons: Jason Del Rey, Amazon's, Chris Garlock, Garlock, Jordan Deagle, Deagle, Tony Hoggett, Insider's Eugene Kim Organizations: Walmart, Morning, Amazon, Amazon Prime, East Coast, Amazon Books, Tesco, Harper Business, HarperCollins Publishers, Federal Trade Commission, FTC
An image of King Charles’ coach passing through London’s streets where patches of sand are visible was shared with the misleading suggestion that the sand temporarily filled potholes for the coronation day. A Westminster City Council spokesperson told Reuters that sand was used to cover drain holes and roads for the safety of the horses and is a standard practice. “The council works closely with the armed forces ahead of major events such as this to ensure the safety of horses and soldiers”, the spokesperson added. Reuters’ pictures from Queen Elizabeth’s funeral proceedings in Sept. 2022 show a similar use of sand on the roads (here), (here), (here). Sand was used to cover drains and inspection covers on the ceremonial coronation route for safe passage of horses, not cover potholes.
But overall bank credit has been stalled at about $17.5 trillion since January. The response - less lending, tighter credit standards and higher interest on loans - was already taking shape. Hard data on bank lending and credit will come into play, augmenting topline statistics like unemployment and inflation that the Fed is focused on. Reuters GraphicsSENTIMENT WEAKENINGThe survey of large and small banks asks high-level questions - Are lending standards tighter or looser? A Dallas Fed bank conditions survey, conducted in late March after the two bank failures, indicated lending standards in that Fed regional bank's district have kept tightening, with loan demand falling.
The Perils and Pitfalls That Bedevil Drivers in St. Paul
  + stars: | 2023-04-01 | by ( Joe Barrett | ) www.wsj.com   time to read: 1 min
Officials in St. Paul, Minn., say the weather has created the worst pothole season in a generation. Hanaa Kadry was driving two clients home from the airport on a recent night in St. Paul, Minn., when her Chevrolet Suburban hit one of the harsh facts of life in the northern city. “My whole front end just kind of popped in and popped back out” as they hit the biggest pothole she had ever encountered in her 13 years as a limo driver, she said.
After rolling out in July 2022, the 988 Suicide and Crisis Support Line has seen a rise in calls, per federal data. Here's how one Texas crisis center is handling the increase in calls. The Harris Center, based in Houston, is one of the over 200 crisis centers fielding calls all across the country. The center, which has been working in partnership with the National Suicide Prevention Lifeline since 2007, has fielded about half the crisis line calls in the state. The center is the largest crisis center in the state and has fielded a majority of the crisis line calls in Texas.
Gig workers still pose roadblock for Uber and Lyft
  + stars: | 2023-03-14 | by ( ) www.reuters.com   time to read: +2 min
NEW YORK, March 14 (Reuters Breakingviews) - Uber Technologies (UBER.N) and Lyft (LYFT.O) dodged a pothole, but bigger roadblocks may be on the horizon. Jefferies estimates Uber, Lyft and food delivery service DoorDash (DASH.N) will avoid a $20 million to $170 million knock on next year’s earnings thanks to the ruling. A group of Uber and Lyft drivers in New York City staged a strike in February over demands for higher wages. And with a tight job market, competition for workers from employers in other sectors – like retailers, which are hiking minimum wages – is stiff. The Biden administration could still step in, too, having proposed new guidelines for classifying independent workers as employees.
Diane Sawyer and Barbara Walters report from London during the wedding of Prince William and Princes Kate in 2011. Guthrie posted a throwback photo of Walters at the “TODAY” anchor desk with the caption: “thank you, Barbara. Harry Reasoner and Barbara Barbara on the set of ABC's evening news in 1976. "Her powerful legacy lives on in all the women journalists who were influenced by her passionate work and searing interviews," Roberts wrote. 'This is my legacy'Led by Oprah, 25 women journalists who were influenced by Barbara Walters say goodbye to her during her final co-host appearance on "The View" in 2014.
WASHINGTON, Nov 8 (Reuters) - Tesla Inc (TSLA.O) is recalling just over 40,000 2017-2021 Model S and Model X vehicles that may experience a loss of power steering assist when driving on rough roads or after hitting a pothole. The Texas-based electric vehicle manufacturer has released an over-the-air software update to recalibrate the system after it began rolling out an update on Oct. 11 to better detectunexpected steering assist torque. The National Highway Traffic Safety Administration said a loss of power steering assist can require greater steering effort, especially at low speeds, increasing the crash risks. Separately, Tesla is recalling 53 2021 Model S exterior side rearview mirrors that were built for the European market that do not comply with U.S. "Rear Visibility" requirements. Tesla has issued 17 recall campaigns in 2022 covering 3.4 million vehicles.
Morning Bid: Meta averse, ECB decides and CS slides
  + stars: | 2022-10-27 | by ( ) www.reuters.com   time to read: +4 min
A look at the day ahead in U.S. and global markets from Mike Dolan. Meta added a deep pothole to an already bumpy U.S. earnings season - another obstacle to a market pumped-up by bets of some central bank relief on the horizon as G7 economies slow. read moreWith Apple (AAPL.O) and Amazon reporting later on Thursday, sentiment toward tech giants remains on edge. But after two-week, trough-to-peak bounce of almost 10%, global stock indices (.MIWD00000PUS) struggled to make much headway for the second session on Thursday. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias.
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