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ATLANTA (AP) — Dwight Howard has denied accusations by a Georgia man who says he was sexually assaulted by the former NBA star and another person. ___Former NBA star Dwight Howard has denied sexual assault and battery allegations filed against him earlier this year and asked a court to dismiss a civil lawsuit he is facing in Georgia. “The allegations against Mr. Howard are contested. The truth is Mr. Howard blocked Mr. Harper on social media and then was confronted with two options -- pay to protect his reputation or have a fabricated story made public. “This report was made following Mr. Harper being blocked on social media and after the first demand for payment was rejected,” Bailey said.
Persons: — Dwight Howard, Stephen Harper, Howard, Harper, Howard texted, Kitty, ” Harper, Mr, “ Mr, ” Howard, Orlando Magic —, Southwest Atlanta Christian Academy —, ___, Dwight Howard, , Olga Izmaylova, Justin Bailey, ” Bailey, , ” Izmaylova Organizations: ATLANTA, NBA, Orlando Magic, Southwest Atlanta Christian Academy, Los Angeles Lakers, Lakers, ESPN, Gwinnett County Police Department Locations: Georgia, Atlanta, Instagram, Gwinnett County, Taiwan, Howard’s Georgia
(CNN) – Fulton County prosecutors have discussed potential plea deals with at least six additional co-defendants charged alongside Donald Trump for attempting to subvert the 2020 presidential election, multiple sources tell CNN. Pro-Trump lawyer Robert Cheeley is among those who have been offered a plea deal in the Georgia case but, according to his lawyer, turned it down. A source with knowledge of the Fulton County DA’s strategy tells CNN that it would be open to discussing plea deals with anyone, but there is little room for compromise when it comes to the charges against Trump. To be clear, there is no indication that prosecutors or Trump’s legal team are interested in discussing a plea deal. John Eastman, who is also considered one of Trump’s most high-profile co-defendants, has not been offered a plea deal either, his lawyer told CNN.
Persons: Donald Trump, District Attorney Fani Willis, Robert Cheeley, , Richard Rice, Misty Hampton, Mike Roman, Willis, Trump, Jenna Ellis, Sidney Powell, Rudy Giuliani, Giuliani, Mark Meadows, Meadows, Jack Smith, John Eastman, Eastman, Willis ’, Robert James, ” James, squeal, Polantz, Paula Reid, Evan Perez Organizations: CNN, District Attorney, Trump, Fulton, White House, Georgia, Democratic, Atlanta Public Schools Locations: Fulton, Georgia, Coffee County , Georgia, Fulton County, New York, Georgia’s Dekalb County
Astros manager Baker retiring - report
  + stars: | 2023-10-25 | by ( ) www.reuters.com   time to read: +1 min
FILE PHOTO:Oct 23, 2023; Houston, Texas, USA; Houston Astros manager Dusty Baker (12) before game seven of the ALCS against the Texas Rangers for the 2023 MLB playoffs at Minute Maid Park. Mandatory Credit: Erik Williams-USA TODAY Sports/File Photo Acquire Licensing RightsOct 25 (Reuters) - Houston Astros manager Dusty Baker, one of the most successful and beloved figures in Major League Baseball, has informed the team that he plans to retire, USA Today Sports reported on Wednesday. He went on to manage five different teams over 26 seasons and won the World Series at the helm of the Astros last November. The Astros were eliminated from the postseason when they lost to the Texas Rangers in Game Seven of the ALCS on Monday. A press conference at which Baker will announce his departure is scheduled to be held at Minute Maid Park on Thursday.
Persons: Dusty Baker, Erik Williams, Baker, I've, Rory Carroll, Ed Osmond Organizations: Houston Astros, Texas Rangers, USA, Major League Baseball, Sports, Atlanta Braves, Star, Dodgers, Astros, Thomson Locations: Houston , Texas, USA, Los Angeles
The results were hurt by the derailment costs, a drop in its fuel surcharge revenue and flat volume. Without the derailment costs, the railroad would have made $601 million, or $2.65 per share. The analysts surveyed by FactSet Research expected Norfolk Southern to report earnings per share of $2.64, on average. Norfolk Southern officials said their volume has improved over the past month to reach levels they haven't seen since the second quarter of 2022. Norfolk Southern is one of the nation's largest railroads operating in the Eastern United States.
Persons: Alan Shaw, , That's, Edward Jones, Jeff Windau Organizations: Norfolk, Norfolk Southern, FactSet Research, Eastern Locations: OMAHA, Neb, East Palestine, Norfolk Southern, Ohio, Atlanta, Norfolk, Eastern United States
If the projection is correct, it will be the strongest output since the fourth quarter of 2021, when growth was just shy of 7%. However, policymakers, economists and markets will be focused more on forward-looking signals from an economy that repeatedly has defied expectations. For Q3, GDPNow is projecting growth of 5.4%, with more than half — 2.77 percentage points — to come from consumer spending. That expectation intensified during a brief banking industry crisis in March 2023 that the Fed expected would constrain credit enough to bring about a downturn. Central bank officials have raised rates aggressively while professing to not want to drag the economy into recession.
Persons: Spencer Platt, Dow, Joseph LaVorgna, Goldman Sachs, Donald Trump, LaVorgna, Steven Ricchiuto, Ricchiuto, , Quincy Krosby, that's Organizations: Getty, Gross, Dow Jones, Commerce Department, Nikko Securities America, Federal Reserve, Fed, White, Mizuho Securities USA, Department, Treasury, LPL Locations: Manhattan, New York City, U.S
Get Ready for a Short-Lived Economic Boom
  + stars: | 2023-10-24 | by ( Stephen Miran | ) www.wsj.com   time to read: +1 min
Journal Editorial Report: The week's best and worst from Dan Henninger, Mary O’Grady and Kim Strassel. Images: Reuters/AFP/Getty Images/Bloomberg News Composite: Mark KellyThe Bureau of Economic Analysis will release its third-quarter economic-growth estimate Thursday, and expectations are stratospheric. The Atlanta Federal Reserve suggests gross domestic product might have grown at an annual rate of more than 5%. The answer lies in the unexpected loosening of fiscal and monetary policy in 2023. After taking account of the Biden administration’s unsuccessful attempt to forgive student loans, the deficit unexpectedly doubled this year to about $2 trillion, according to the Congressional Budget Office.
Persons: Dan Henninger, Mary O’Grady, Kim Strassel, Mark Kelly The, Biden Organizations: AFP, Getty, Bloomberg, Atlanta Federal Reserve, Congressional
Sidney Powell pleaded guilty to election interference in Georgia's criminal case last week. On social media, she has continued to push claims that the 2020 election was rigged and prosecutors target conservatives. She also shared a post about a survey that claimed many Democrats believe "cheating affected the outcome of the 2020 election." Chesebro and Powell have both pleaded guilty in the Fulton County election interference case. Fulton County sheriff's officeNeither Powell nor a representative for the Fulton County district attorney's office responded to a request for comment.
Persons: Sidney Powell, Powell, , Joe Biden's, Fani Willis, Willis, Donald Trump, Rudy Giuliani, Jenna Ellis, Trump, Dinesh D'Souza, Dan Bongino, Robert F, Kennedy Jr, D'Souza, Tim Fitton, Fitton, Biden, John Eastman, couldn't, Steve Sadow, Powell's, Mugshots, Kenneth Chesebro, Chesebro, Ronald Carlson, Carlson, Michael Flynn, Trump's, Flynn, Mike Flynn Organizations: Service, Trump, Strike Force, House, Dominion, Twitter, Police, Trump Justice Department, Truth Social, Federalist, University of Georgia School of Law, FBI, Fascist Locations: Georgia, Fulton County, Coffee County, California, Atlanta, Republic, Fulton, United States
The investment firm said it wouldn't be a surprise if the economy showed strong growth right before a recession started. "In the last 12 recessions, the quarter before the economy went into a recession, growth was positive and robust." AdvertisementAdvertisementInvestors shouldn't be fooled by strong GDP growth in the next quarter or two, as an economic recession could still be right around the corner. That's based on the fact that prior recessions saw solid economic growth in the quarter right before the recession started, according to data from Raymond James. "In the last 12 recessions, the quarter before the economy went into a recession, growth was positive and robust—registering an average growth rate of 2.6%.
Persons: Raymond James, , Larry Adam, Raymond James Strong, Adam, he's, Bill Gross, Gross, Wharton, Jeremy Siegel, Siegel Organizations: Service, Atlanta Federal
Before the court action, Alabama – which is 27% Black – had only one Black-majority congressional district out of seven seats. The case is expected to land before the all-Republican state Supreme Court, where DeSantis appointees hold most seats. A separate federal case in Georgia challenges the congressional map on constitutional grounds and is slated to go to trial next month. UtahThe state Supreme Court, in a case it heard in July, is considering whether it even has the authority to weigh in on map-drawing decisions by the GOP-controlled state legislature. Advocacy groups and a handful of voters are challenging a congressional map that further carved up Democratic-leaning Salt Lake County between four decidedly Republican districts.
Persons: , , David Wasserman, Amy Walter, Wasserman, Adam Kincaid, Kincaid, it’s, Nick Seabrook, , John Roberts, Brett Kavanaugh, Ron DeSantis, Al Lawson, Steve Jones, Jones preliminarily, Andy Barr, Amy McGrath, Barr, Kareem Crayton, Brennan, Gabe Vasquez –, Chris Cooper, Jeff Jackson, Wiley Nickel, Kathy Manning, Don Davis, Valerie Foushee –, Davis, Roy Cooper, Nancy Mace, Kevin McCarthy Organizations: CNN, Democratic, Republicans, The, Republican, Black, National Republican Redistricting Trust, University of North, House, US, Gov, Black Democrat, Georgia Republicans, – Democratic, Congressional, Republican –, GOP, Louisiana Republicans, Appeals, Brennan Center for Justice . New, Brennan Center for Justice . New Mexico Republicans, New, New York Republicans, North Carolina, Democrats, Western Carolina University, Foushee, North, Democratic Gov, Supreme, Republican Rep, House GOP Locations: North Carolina, New York , Louisiana, Georgia, Alabama, New York, University of North Florida, America, Louisiana, Florida, Black, North Florida, Atlanta, Peach, . Kentucky, Kentucky, Frankfort, Democratic, Brennan Center for Justice . New Mexico, New Mexico, Mexico, Empire, , Charlotte, Raleigh, Greensboro, state’s, Carolina, Charleston, Utah, Salt Lake County, Salt, Texas, Tennessee
While on vacation, Susan Hodgson's neighbor called to say her house was being completely torn down. Hodgson says she's not even had an apology from the demolition company, which is investigating the incident. AdvertisementAdvertisementA woman is mulling the next steps after a company mistakenly demolished a home she owned in southwest Atlanta. Hodgson said a neighbor called while she was away and asked if someone had been hired to tear down the vacant house. When a person in charge at the site checked the permit, Hodgson said he admitted he was at the wrong address.
Persons: Susan Hodgson's, Hodgson, she's, , Susan Hodgson, Everett Tripodis Organizations: Service, Associated Press, Atlanta -, Atlanta, WSB Locations: Atlanta
At least eight Georgia Republican electors present that day have agreed to testify in exchange for immunity from state charges. The meeting was led by David Shafer, then chairman of the Georgia Republican Party. But halfway through the meeting, Shafer noted that Still’s name was printed as the secretary on documents. A Georgia Republican Party website raising money to defend electors calls them “patriots who served." Lawyers for the indicted electors argue it was up to Congress to determine which slates should be counted.
Persons: Donald Trump, , Trump —, Robert Sinners, Trump, Joe Biden's, Kenneth Chesebro, Biden, David Shafer, Shafer, Fulton, Shawn Still, wasn't, ” Shafer, Cathy Latham, State Sen, Burt Jones, John Isakson Jr, Sen, Johnny Isakson, Isakson, Brian Kemp’s, Mike Pence, they’ve, Anna Cross, Latham, Ray Smith, Republican Richard Nixon, John F, Kennedy, Todd Zywicki, Fani Willis, ” Willis ’, Shafer’s, Willis ’, , Brad Raffensperger, hasn't, Willis Organizations: ATLANTA, Georgia Capitol, Trump, Associated Press, Georgia Republican, Georgia Republican Party, Republicans, State, Republican U.S, Atlanta, , Republican, U.S, Senate, George Mason University, Georgia Republicans, Hawaii Democrats, Georgia, U.S . House Locations: Georgia, Fulton County, Georgia's Coffee County, Alabama, Hawaii, Virginia
The usual suspects were to blame — rising bond yields, geopolitical tensions, and oil prices — and will hold the keys to the market this coming week. Earnings are one of the three major themes on the marquee next week, with 10 Club companies reporting. Here are the companies: Danaher (DHR), Microsoft (MSFT), Alphabet (GOOGL), Meta Platforms (META), Veralto (VLTO), Honeywell (HON), Linde (LIN), Amazon (AMZN), Ford (F) and Stanley Black & Decker (SWK). As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.
Persons: , Jerome Powell, Jim Cramer, Jim, Morgan Stanley, Stanley Black, Decker, Danaher, Veralto, it's, Mark Zuckerberg, We're, Vimal Kapur, Linde, Jim Farley, Ford, FactSet, Powell, WTI, Baker Hughes, Edwards Lifesciences, Northrop, CARR, Davidson, Dr Pepper, Phillips, Jim Cramer's, Michael M Organizations: Dow Jones, Nasdaq, Economic, of New, Treasury, West Texas, Procter, Gamble, 10, Microsoft, Honeywell, Linde, LIN, Health Care, Technology, Communications Services, Google, Meta, Ford, Amazon, United Auto Workers, Atlanta, Wall Street, Hamas, Brent, Strategic Petroleum Reserve, Logitech, Verizon, General Electric, GE, RTX Corporation, Halliburton, HAL, General Motors, Dow Chemical, DOW, Xerox, Texas Instruments, F5 Networks, WM, Boeing, Fisher, Mobile, Hilton, General Dynamics, Norfolk Southern, Otis Worldwide, IBM, KLA, O'Reilly Automotive, Mattel, Whirlpool, Gross, Royal Caribbean Cruises, Hershey Company, United Parcel Service, Southwest Airlines, Altria, Northrop Grumman, Valero Energy Corp, Mastercard, Merck, Co, Myers Squibb, Newmont, Tractor Supply Company, Comcast, Seagate Technology, Boston, Hertz, Carrier, Hasbro, Harley, Intel, Grill, United States Steel, Boston Beer Company, Texas, University of Michigan, Exxon Mobil, Chevron, Charter Communications, Colgate, Palmolive, Newell Brands, Sanofi, Jim Cramer's Charitable, CNBC, Traders, New York Stock Exchange, Santiago, Getty Locations: of New York, U.S, Industrials, OpenAI, America, Venezuela, Cleveland, Norfolk, ORLY, Bristol, Brunswick, Oshkosh, New York City
Mr. Biden’s polling numbers have been mired in dangerous territory since he oversaw the chaotic American military withdrawal from Afghanistan. “There is a need, but do we really need that significant amount?”She said she did not watch Mr. Biden’s Oval Office address on Thursday. About 20.3 million people watched Mr. Biden’s speech across 10 television networks, according to preliminary data from Nielsen. When Mr. Trump spoke about immigration from the Oval Office in January 2019, about 40 million people tuned in. Most immediately, Mr. Biden faces the challenge of what he can do to secure the release of Americans being held hostage in the Gaza Strip.
Persons: , , ” Julian E, it’s, Biden’s, Israel —, Samantha Moskowitz, Ukraine “, Moskowitz, Biden, Donald J, Trump, Nielsen, Stanley B, Greenberg, Clinton’s, Israel, George W, Bush, Mr, Elizabeth Warren of Massachusetts, Antony J, Blinken, Zelizer, Charles R, Jr, Ronald Reagan, ” Paul Begala, Begala, ” Mr, Black, ” John Koblin, Sharon Dunten Organizations: Princeton University, Georgia Gwinnett College, Biden’s, Nielsen, Israel, Fox, Quinnipiac University, Iraq, Democratic, Hamas, Mr, Republicans Locations: Afghanistan, Israel, Ukraine, Atlanta, Biden’s State, Iran, Russia, United States, Vietnam, Iraq, Gaza, New York, Norcross , Ga
US10Y 5D mountain 10-year yield this week The benchmark 10-year Treasury yield briefly reached the 5% milestone late Thursday, raising questions of how long it will stay elevated and what the effect will be on stocks. "This is the last leg of the upmove" from the 2020 low, when 10-year yields touched 0.31%, he said. Fairlead Strategies founder Katie Stockton also pinned 5.25% as the next resistance level for the 10-year bond yield. Meanwhile, Piper Sandler's chief market technician Craig Robinson also said the 10-year yield is due for a pullback. Ciana, on the other hand, estimates the 10-year yield likely staying above 5% for a while.
Persons: Wolfe, Rob Ginsberg, Ginsberg, Paul Ciana, Elliott, Ciana, Katie Stockton, Piper, Craig Robinson, Robinson Organizations: Treasury, Atlanta, RBC, Wolfe Research, Bank of America Locations: Stockton
If U.S. and Chinese growth holds up, the investment landscape will need to be redrawn too. Reuters Image Acquire Licensing RightsBut what if peak bond bearishness is already upon us? As Societe Generale's Albert Edwards points out, once the quarterly deflator is factored in, nominal GDP growth in the third quarter was actually only 3.5%. Reuters Image Acquire Licensing RightsEqually, U.S. stocks look expensive if high yields start to choke the economy. Reuters Image Acquire Licensing Rights(The opinions expressed here are those of the author, a columnist for Reuters.)
Persons: Florence Lo, Societe Generale's Albert Edwards, Chris Iggo, Jamie McGeever, Chizu Organizations: REUTERS, Rights, Societe Generale's, World Bank, International Monetary Fund, of America's, HSBC, Reuters, AXA Investment, Bank of America's, Thomson Locations: Rights ORLANDO , Florida, United States, China, Atlanta, Beijing, Europe, U.S, Bank
Brian Kemp's new health plan for low-income adults has enrolled only 1,343 people through the end of September about three months after launching, The Atlanta Journal-Constitution reports. The Georgia Department of Community Health has projected up to 100,000 people could eventually benefit from Georgia Pathways to Coverage. But the nation’s only Medicaid program that makes recipients meet a work requirement is off to a very slow start. In addition to imposing a work requirement, Pathways limits coverage to able-bodied adults earning up to 100% of the poverty line — $14,580 for a single person or $30,000 for a family of four. State officials and supporters of Pathways say the work requirement will also help transition Medicaid recipients to better, private health insurance, and argue that working, studying or volunteering leads to improved health.
Persons: Brian Kemp's, , ” Laura Colbert, Biden, Barack, Kemp Organizations: ATLANTA, , — Georgia Gov, Atlanta, Georgia Department of Community Health, of Community Health Locations: — Georgia, Georgia, Carolina
Leonard Allan Cure, 53, died on Monday after a Camden County sheriff's deputy shot him; the officer has not been officially identified. The Camden County Sheriff's Office said in a posting online the video was released because of rumors and misinformation, but did not elaborate. A representative for the sheriff's office did not immediately respond to Reuters request for comment on Wednesday. The deputy later told Cure on the video that Cure was driving 100 miles per hour (160 kph) on Interstate 95 in southern Georgia. Cure's family watched the video Wednesday at a Georgia Bureau of Investigation office with their attorney just before it was released by Camden County, in southern Georgia.
Persons: Leonard Allan Cure, Cure, Ben Crump, Crump, Cure's, Wallace Cure, Rich McKay, Daniel Trotta, Noeleen Walder, Kat Stafford, Gerry Doyle Organizations: Georgia Bureau of Investigation, Chamber, Reuters, of Florida, Camden County sheriff's, Sheriff's, of, Thomson Locations: Georgia, Florida, Tallahassee , Florida, U.S, ATLANTA, Camden County, America, Camden, Atlanta, Carlsbad , California
WASHINGTON (AP) — The Justice Department has secured a $9 million settlement with Ameris Bank over allegations that it avoided underwriting mortgages in predominately Black and Latino communities in Jacksonville, Florida, and discouraged people there from getting home loans. Garland has prioritized civil rights prosecutions since becoming attorney general in 2021, and the current administration has put a higher priority on redlining cases than before. The anti-redlining effort has now secured $107 million in relief, including the Ameris settlement, which a judge must approve. A $31 million settlement with Los Angeles-based City National in January was the largest for the department. The Ameris case is the first brought by the department in Florida, said Roger Handberg, the U.S. attorney for the Middle District of Florida.
Persons: Biden, General Merrick Garland, “ Redlining, ” Garland, Garland, redlining, Roger Handberg, , Kristen Clarke, Ken Sweet Organizations: WASHINGTON, Justice, Ameris Bank, Ameris, National, Middle, Middle District of, ___ Associated Press Locations: Black, Jacksonville , Florida, Atlanta, Jacksonville, Homeownership, Los Angeles, Florida, U.S, Middle District, Middle District of Florida, , ___, New York
Based on International Monetary Fund data on comparative international investment positions through the early part of this year, U.S. portfolio investment overseas - equity, fund shares and debt securities - stood at more than $14.5 trillion. US funds shy of overseas equityUS economic growth roaring at more than 5%US expensive for a reason? The upshot could be an ever wider U.S. deficit on its net international investment position - potentially lifting the dollar as that inflates, but leaving it vulnerable to the yawning gap and foreign investor sentiment down the road. IMF chart on US net international investment deficitUS stocks lead the packThe opinions expressed here are those of the author, a columnist for ReutersEditing by Josie KaoOur Standards: The Thomson Reuters Trust Principles. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias.
Persons: Brendan McDermid, that's, it's, Julius Baer's, Yves Bonzon, Josie Kao Organizations: New York Stock Exchange, REUTERS, Atlanta Federal, Monetary, ICI, Thomson, Reuters Locations: New York City, U.S, China, Gaza, Russia, Ukraine, Moscow, Washington, Taiwan, United States, Swiss, Switzerland, Germany
Morning Bid: US growth topping China as megacaps report
  + stars: | 2023-10-18 | by ( ) www.reuters.com   time to read: +5 min
A street sign for Wall Street hangs in front of the New York Stock Exchange May 8, 2013. The combination of high-pressure growth and U.S. crude oil prices back up to their highest in two weeks has re-ignited inflation concerns. And with a 20-year Treasury bond auction also due later in the day, bond markets are back running scared. Two-year Treasury yields hit their highest since 2006 on Tuesday at 5.24% and held most of those gains overnight - while 20-year yields are hovering around 5.2% as well. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias.
Persons: Lucas Jackson, Mike Dolan, Joe Biden's, megacaps Tesla, Jerome Powell, China's, Republican Jim Jordan, Morgan Stanley, Kinder Morgan, Elevance, Joe Biden, Christopher Waller, Lisa Cook, Michelle Bowman, John Williams, Patrick Harker, Toby Chopra Organizations: New York Stock Exchange, REUTERS, Federal Reserve, Atlanta, Netflix, Atlanta Fed, Fed, Treasury, Bank of England's, Wall St, Republican, Procter, Gamble, Abbott Laboratories, Northern Trust, Nasdaq, Citizens Financial, US Bancorp, Zions Bancorp, Discover, Lam Research, Alcoa, Steel Dynamics, Federal, New York Fed, Philadelphia Fed, Graphics Retail, Thomson, Reuters Locations: U.S, Gaza, Israel, trepidation, United States, Britain, Wall, Stocks, Asia, Europe, Northern, POPG, Equifax
The objections focused on the difficulty of achieving elite status and new restrictions on entering airport lounges. In simplifying the path to status, Delta sharply raised spending requirements for each SkyMiles level. The September proposal created a backlash among Delta customers on social media, with some threatening to switch to other airlines. JetBlue and Alaska Airlines tried to poach Delta's best customers by offering to match elite status for anyone leaving the Delta loyalty program. Southwest Airlines announced that next year it will make it easier to qualify for the top levels of its frequent-flyer program.
Persons: Ed Bastian, , what’s, Delta, ” Bastian, poach, Henry Harteveldt, , Bastian, Delta “ Organizations: Delta Air Lines, Delta, Diamond, JetBlue, Alaska Airlines, Southwest Airlines, Flyers, Atmosphere Research, American Express Locations: Atlanta
U.S. retail sales for last month came in much stronger than expected on Tuesday, signaling shoppers were not deterred by sticky inflation. Before the opening bell, the government reported September retail sales rose 0.7% from the prior month — more than double the estimates. Measuring year over year, the 3.8% increase in retail sales was still slightly higher than the CPI's advance of 3.7%. The retail sales data pointed to a resilient economy despite inflation still running way above the Federal Reserve's 2% target. TJX YTD mountain TJX Companies YTD Clothing and clothing accessories stores were down 0.8% month-over-month but increased 0.1% year-over-year.
Persons: Jim Cramer, We're, TJX, Jim Cramer's, Jim, Jamie Kelter Davis Organizations: Atlanta, Deal, Web Services, Food, Companies, CNBC, Shoppers, Bloomberg, Getty Locations: Maxx, Chicago
Oct 18 (Reuters) - A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. Wall Street closed flat to slightly lower on Tuesday, after forecast-busting U.S. retail sales data stoked expectations for another Fed rate hike by year-end and pushed Treasury bond yields sharply higher. Blame bumper U.S. retail sales, which also sparked a spree of upward revisions to U.S. growth forecasts. With nearly $11 billion of offshore bonds and $6 billion of offshore loans, a Country Garden default would tee up one of China's biggest corporate debt restructurings. Here are key developments that could provide more direction to markets on Wednesday:- China GDP (Q3)- China retail sales, investment, unemployment, industrial production (September)- U.S. President Biden visit to IsraelBy Jamie McGeever; Editing by Josie KaoOur Standards: The Thomson Reuters Trust Principles.
Persons: Jamie McGeever, chipmakers, Joe Biden's, Biden, Josie Kao Organizations: Wall Street, Bank of America, U.S, Wednesday, Atlanta, U.S ., Asia's, Thomson, Reuters Locations: China, Israeli, Gaza, Israel, U.S
Cameron McWhirterCameron McWhirter covers politics and U.S. news for The Wall Street Journal from Atlanta. Before joining the Journal, he reported for the Atlanta Journal-Constitution from 2003 to 2010. Cameron holds a bachelor of arts in history from Hamilton College and a master's from Columbia University’s Graduate School of Journalism. He has been a Thomas J. Watson Fellow in Eritrea and Sudan, a Nieman Fellow at Harvard University and a writing fellow at the MacDowell artist residency. His first book, “Red Summer: The Summer of 1919 and the Awakening of Black America,” was published in 2011.
Persons: Cameron McWhirter Cameron McWhirter, Cameron, Thomas J, Watson, Organizations: Wall, Atlanta Journal, Detroit News, Hamilton College, Columbia University’s Graduate School of Journalism, Harvard University, MacDowell, America Locations: Atlanta, Eritrea, Sudan
Two decades before Bluford's flight, Ed Dwight was an Air Force pilot who trained to be the first Black astronaut. Whitney Young of the National Urban League urged Kennedy to push the Air Force to find and train the first Black astronaut. Dwight said the famed pilot felt slighted and not being included in the decision to train a Black astronaut. "All of a sudden we were able to hire astronauts who didn't look like the classic NASA astronaut," Bolden said. During his flight, Glover had a group call with Dwight, Bluford, Bolden, and other Black astronauts.
Persons: Ed Dwight, Robert Lawrence, NASA didn't, , Guion Bluford, Bluford, Dwight, Lisa Cortés, hadn't, John F, Kennedy, Whitney Young, Cortés, Dwight wasn't, Chuck Yeager, Yeager, Frederick Gregory, Frederick Douglass, Rosa Park, Ella Fitzgerald, Martin Luther King, Craig F, Walker, Ed, Leland Melvin, Buzz Aldrin, Michael Collins, Bernard Harris , Jr, Arnaldo Tamayo Méndez, Ron McNair, Diego Hurtado de Mendoza, Charles Bolden , Jr, Tamayo Méndez, Gregory, Bolden, McNair, they'll, Charles Bolden, Melvin, de Mendoza, Katherine Johnson, Ed's, kickstart, Victor Glover, George Floyd, who's, Leland D, Victor, Glover Organizations: NASA, Service, Air Force, Black, Atlanta Constitution, National Urban League, Bettmann, Denver's, Denver, Getty, Soviet Union, Space Shuttle Challenger, Space Shuttle Columbia, Space Station, NASA’s Office, Education, Geographic, Disney Locations: Atlanta, Rosa, Cuban, Cuba, United States, Soviet Union
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