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The Chesapeake 1000 – the largest crane on the East Coast – is needed in the Patapsco River where a 984-foot cargo vessel slammed into the bridge Tuesday. Live updates: The latest on the Baltimore bridge collapseIn addition to the crane, three heavy lift vessels are expected to start arriving Friday, US Transportation Secretary Pete Buttigieg told CNN. This appraisal is critical in determining how small to cut the bridge pieces so cranes can lift them, he said. In addition to the human toll, the destruction of the Key Bridge and closure of the Port of Baltimore could lead to widespread economic fallout. In this NTSB handout, an investigator examines the collapsed Francis Scott Key Bridge from the cargo vessel Dali on March 27 in Baltimore.
Persons: Francis Scott Key, Pete Buttigieg, Wes Moore, Julia Nikhinson, ” Moore, Shannon Gilreath, Moore, Maryland Sen, Chris Van Hollen, Buttigieg, , Jennifer Homendy, Homendy, Marcel Muise, Dali, Peter Knudson, CNN’s Justin Lear, Andy Rose, Sarah Dewberry, Chris Isidore, David Goldman, Greg Wallace, Elise Hammond, Tori B, Powell, Sania Farooqui, Chris Boyette Organizations: CNN, Maryland Gov, Authorities, US Coast Guard, National Transportation Safety, Army Corps, Maryland Department of Labor, National Transportation, NTSB, India’s Ministry, External Affairs Locations: Patapsco, Baltimore, Maryland, Port, Port of Baltimore, America, New York, New Jersey, Vedika Sud
Sexual function — which includes factors like desire, arousal and pleasure — in men and women decreased significantly after the start of the Covid-19 pandemic, according to a January 2022 meta-analysis of 21 studies published in the journal BMC Public Health. And women — even more so than men — struggled when it came to desire. Many people, particularly women, tend to experience what is called responsive arousal as opposed to spontaneous arousal, she said. And the data showed that men were more likely than women to seek professional help for the sexual problems they experienced, he said. “Unfortunately, I think we’ve sort of normalized sexual difficulties for women,” he added.
Persons: don’t, , “ I’ve, , Vanessa Marin, , Marin, Justin Lehmiller, Lehmiller, ” Marin, Deborah Fox, Fox, ” Lehmiller Organizations: CNN, BMC Public Health, Kinsey Institute, Indiana University, Fox Locations: Santa Barbara , California, Washington ,
Paris Jackson covered up all her tattoos for her 2024 Grammys look. "Well, I like switching things up," Jackson told Entertainment Tonight while walking the red carpet. "From head to toe, it's just Celine, mama," Jackson told Entertainment Tonight's Nischelle Turner while walking the red carpet. (L) Paris Jackson with her tattoos covered up at the 2024 Grammys. AdvertisementIn 2022, Jackson told People that her first ever tattoo was a spontaneous one.
Persons: Paris Jackson, Jackson, , Michael Jackson's, Celine, Entertainment Tonight's Nischelle Turner, Celine —, Matt Winkelmeyer, Earl Gibson III, Getty Images Jackson, I'm, Justin Lewis, Michael Jackson, Lewis Organizations: Entertainment, Service, The Recording Academy, Getty Images, BI
Since then, Fenley has returned to working quietly on new material, building on her nearly 50 years of making dances as the founder of Molissa Fenley and Company. Opening night, on Wednesday, felt like a private glimpse into her choreographic mind: no splashes, just a steady, rigorous exploration of movement to music. The program’s greatest force is Fenley herself, who, at 69, dances with a searing clarity and equanimity, no matter the limitations that naturally come with age. This is not one of those shows in which a veteran artist makes a cameo to be momentarily revered. The recurring themes are the lines and curves of Fenley’s limpid movement vocabulary, based in ballet and reminiscent of the Merce Cunningham technique, but developed, as she has said, around the idiosyncrasies of her own body.
Persons: Molissa Fenley, , Fenley, Christiana Axelsen, Justin Lynch, Timothy Ward, Michael Ferrara, Enriqueta, Merce Cunningham Locations: Downtown Brooklyn
Profits Comeback Paired With Rate Cuts Make a Powerful Mix
  + stars: | 2024-01-16 | by ( Justin Lahart | ) www.wsj.com   time to read: +1 min
Soft landing the U.S. economy is like an economic nirvana: inflation is low and the job market is strong. WSJ’s Nick Timiraos explains why and how the Federal Reserve is trying to make one happen. Photo illustration: Ryan TrefesProfits are growing again, and the Federal Reserve looks as if it will start cutting rates sometime this year. It is an unusual combination and, for the stock market, possibly a potent one. It is early days still, but the rebound in profits that began in the third quarter looks poised to continue.
Persons: Nick Timiraos, Trefes Organizations: Federal Reserve, Federal, London Stock Exchange Group
Justin Lee Turner was strangled in 1989, and news footage captured his father discovering his body. Sheriff S. Duane Lewis said the Turners created a "staged scene" after killing the child. Archival footage shot on March 5, 1989, by the local NBC affiliate WCBD showed Victor Lee Turner emerging from a camper and sobbing in apparent grief after purportedly discovering his son's corpse. Lewis told reporters that initially, the Turners told authorities that Justin got on his school bus on the morning of March 3, 1989, and never returned. BI could not immediately reach an attorney representing Victor Lee Turner.
Persons: Justin Lee Turner, Sheriff S, Duane Lewis, , Victor Lee Turner, Megan Renee Turner, WCBD, Berkeley County Sheriff S, Lewis, Justin, he'd Organizations: Sheriff, Turners, Service, Authorities, Sheriff's, NBC, Berkeley County Sheriff Locations: Caroline, South Carolina, Berkeley, Berkeley County
SpaceX has said it employed more than 1,800 people at Starbase, jobs that supported thousands of others, and that it was proud to be an active part of the community. It didn’t respond to requests for comment. Workers prepare the SpaceX Starship ahead of a launch on April 18, 2023. Photo: Patrick T. Fallon/AFP/Getty
Persons: Patrick T, Fallon Organizations: SpaceX, Workers, Getty Locations: Starbase, AFP
Cyclical industries such as manufacturing often drive profit cycles. That makes a comedown for the U.S. economy seem less likely. The Commerce Department on Wednesday reported that before-tax corporate profits rose 1.1% from a year earlier in the third quarter. This compares with a decline of 6% in the second quarter. Exclude the Fed, and corporate profits rose by 6.7% in the third quarter compared with a gain of 1.6% in the second.
Persons: Brian Kaiser Organizations: Bloomberg, Commerce Department, Federal Locations: U.S
Inflation’s Cooldown Gives the Fed Leeway
  + stars: | 2023-12-01 | by ( Justin Lahart | ) www.wsj.com   time to read: 1 min
The personal-consumption expenditures price index is one of the Fed’s most closely watched gauges of inflation. Markets are betting the new data puts the Fed on pace to cut rates in 2024. That was its slimmest year-over-year gain since March 2021. Core prices, which exclude food and energy items in an effort to better track inflation’s underlying trend, rose 0.2% from September. That put them 3.5% above their year-earlier level for the smallest gain since April 2021.
Persons: Dion Rabouin, Rucosky Sit Organizations: The Commerce Department
The Price Is Wrong for Housing
  + stars: | 2023-11-28 | by ( Justin Lahart | ) www.wsj.com   time to read: 1 min
October’s existing home sales report details the current state of the all-important U.S. housing market and how Americans reacted to mortgage rates that have declined, but still remain much higher than they have been in more than a decade. Photo:Lower rates would make U.S. houses more affordable, just not affordable enough. The pandemic set off a flurry of demand for housing. Americans’ newfound desire for space, the padding of U.S. household finances from government relief checks, and sub-3% mortgage rates were a potent mix that sent home prices skyward. Now the buying frenzy has passed and, with mortgage rates at their highest levels in over 20 years, not many homes are getting sold at all.
Persons: WSJ’s Dion Rabouin
ST. PAUL, Minn. (AP) — Iris Logan was having a hard time growing grass in the front yard of her St. Paul, Minnesota, home, so she covered the space with stones, statues and decorative art. Logan, 70, has been given notice to clean up the “planters, wood, metal cans, large rocks and miscellaneous debris” cited after a recent inspection, the St. Paul Pioneer Press reported. The City Council will take up the matter Dec. 6. This also keeps the tree roots clear and provides a place to shovel snow in the winter," Rodriguez said in an email to the Pioneer Press. “The quick support from our neighbors has been a clear signal of how much this art means to our community," Lewandowski said.
Persons: — Iris Logan, . Paul, Logan, , “ I’m, ” Logan, Casey Rodriguez, Rodriguez, Justin Lewandowski, He’s, Lewandowski, It’s Organizations: PAUL, ., . Paul Pioneer Press, City Council, St, Paul Department of Safety, Pioneer Press Locations: Paul , Minnesota, Logan, Mississippi
Falling Yields Give Stocks a Boost
  + stars: | 2023-11-23 | by ( Karen Langley | ) www.wsj.com   time to read: 1 min
The pullback in bond yields has given equities a second wind. Photo: justin lane/ShutterstockStocks rose Wednesday, keeping the S&P 500 on pace for its best month in more than a year. The broad U.S. stock index has climbed 8.7% in November so far, on track for its strongest monthly showing since July 2022. It is up 19% in 2023.
Persons: justin, Stocks
American Shoppers Have Plenty of Dry Powder
  + stars: | 2023-11-22 | by ( Justin Lahart | Jinjoo Lee | ) www.wsj.com   time to read: 1 min
People say they plan to spend $1,652, on average, this holiday season, according to a Deloitte survey. Photo: Joe Burbank/Associated PressAmericans say they are worried about the economy, and there certainly are reasons to question the staying power of consumer spending. That doesn’t mean they won’t spend heartily this holiday season. The U.S. consumer is in a funk, according to the U.S. consumer. The University of Michigan’s sentiment index, based on a long-running survey of households, remains far below prepandemic levels and lately has been near levels experienced in the wake of the 2008 financial crisis.
Persons: Joe Burbank, haven’t Organizations: Deloitte, Associated Press, University of, Wall Street Locations: U.S
Stocks Extend Rally, Boosted by AI Optimism
  + stars: | 2023-11-20 | by ( Sam Goldfarb | ) www.wsj.com   time to read: 1 min
A jump by Microsoft’s shares helped drive major stock indexes higher. Photo: justin lane/ShutterstockInvestor enthusiasm for artificial intelligence took center stage again Monday, after Microsoft announced it was hiring freshly ousted OpenAI CEO Sam Altman to lead its new advanced AI research team. The news spurred a rally in Microsoft shares, helping power stock indexes higher. The S&P 500 climbed 0.7%, and the tech-heavy Nasdaq Composite advanced 1.1%. The Dow Jones Industrial Average rose 0.6%, or around 204 points.
Persons: justin, Sam Altman Organizations: Microsoft, Nasdaq, Dow Jones
How Consumers Are Spending Is a Reason for Cheer
  + stars: | 2023-11-15 | by ( Justin Lahart | ) www.wsj.com   time to read: 1 min
Consumer spending almost certainly will be slower this quarter than last, but at this point it looks as if it will still be firm. Photo: Vanessa Carvalho/Zuma PressAmericans spent a bit less in stores last month. That hardly means it is the beginning of the end for the U.S. consumer. The Commerce Department on Wednesday reported that retail sales slipped 0.1% in October from September. That actually counted as a decent number.
Persons: Vanessa Carvalho Organizations: Zuma Press, The Commerce Department
As Rent Rises Cool, So Will Inflation
  + stars: | 2023-11-14 | by ( Justin Lahart | ) www.wsj.com   time to read: 1 min
Will the strong U.S. economic data we’ve seen push the Fed to change policy this year? What comes next depends on how the Fed will interpret the data. Photo: Sarah Silbiger/Bloomberg NewsInflation has been cooling, and a big part of why is that rent increases have as well. That is also why inflation is likely to keep going lower in the months ahead. Tuesday’s inflation report from the Labor Department showed that overall consumer prices were up 3.2% from a year earlier in October, while core prices, which exclude food and energy prices in an effort to better track inflation’s underlying trend, were up 4%.
Persons: WSJ’s Dion Rabouin, Sarah Silbiger Organizations: Bloomberg, Labor Department
How Work From Home Has Reshaped What Americans Buy
  + stars: | 2023-11-09 | by ( Justin Lahart | Jinjoo Lee | ) www.wsj.com   time to read: 1 min
Analysis shows consumers are buying goods as a substitution of sorts for the services they used to buy—like purchasing a bicycle instead of spending money on a spin class near work. Photo: Terra Fondriest/Bloomberg NewsAmericans are still spending more of their money on stuff than they did before the pandemic. Early in the pandemic, unable to spend on things such as traveling and dining out, and with their finances buoyed by government relief, people bought goods with abandon. This played a role in the supply-chain snarls, the hefty price increases that beset the economy, and in retailers’ scramble to secure as much inventory as possible. As the economy gradually reopened there was a reversal that left many stores burdened with more than they needed.
Persons: Terra Organizations: Terra Fondriest, Bloomberg News
Fed Chair Jerome Powell on Wednesday said the central bank will leave its benchmark interest rate unchanged, marking the second consecutive meeting with no increase. Photo: Kevin Lamarque/ReutersFederal Reserve policy makers appear disinclined to raise interest rates again. But neither do they expect to be cutting rates soon, and when they eventually do, they don’t think they are going to be cutting them by all that much. This higher-for-longer prospect has been unsettling for investors, and is part of why long-term interest rates have risen so much over the past several months. But if Fed policy makers are right about their ability to keep rates high—and it is a big if—then the economy could be in a very good place.
Persons: Jerome Powell, Kevin Lamarque, Organizations: Reuters Federal Reserve
What Will the Economy Do for an Encore?
  + stars: | 2023-10-26 | by ( Justin Lahart | ) www.wsj.com   time to read: 1 min
Economists expected economic growth to rise significantly and now that we’ve got the latest GDP report, we’ll break down the biggest takeaways in the data. WSJ’s Dion Rabouin will unpack the report and explain what really matters. Photo: Li Jianguo/Zuma PressA lot of investors are familiar with Stein’s law, named after the late economist Herbert Stein : “If something cannot go on forever, it will stop.”Which brings us to Thursday’s gross-domestic-product report. The Commerce Department reported that the U.S. economy grew at an inflation-adjusted 4.9% annual rate, the biggest gain since the fourth-quarter of 2021, and far stronger than the less-than-2% rate that Federal Reserve policymakers think it needs to settle in at to avoid overheating.
Persons: we’ve, WSJ’s Dion Rabouin, Li Jianguo, Herbert Stein Organizations: Commerce Department, Federal Locations: U.S
Microsoft Gets Another Leg Up on Google in AI Race
  + stars: | 2023-10-25 | by ( Dan Gallagher | ) www.wsj.com   time to read: +1 min
Microsoft has aggressively adopted ChatGPT’s technology since the chatbot was launched late last year. But if their latest quarterly results are any indication, it may be Microsoft ’s game to lose. Microsoft and Google-parent Alphabet both saw improvements to their core businesses during the September quarter according to results posted by both companies late Tuesday. Google’s advertising revenue grew 9% year-over-year to $59.6 billion during the quarter, beating Wall Street’s expectations and up notably from the 3% growth reported for the June period. That was helped by a notable pickup in YouTube’s advertising revenue, which jumped 12% for its quickest pace in nearly two years.
Persons: justin Organizations: Microsoft, Google
Housing’s Other Threat to the Economy
  + stars: | 2023-10-21 | by ( Justin Lahart | ) www.wsj.com   time to read: +1 min
The limited number of existing homes has prompted some shoppers to purchase new ones. That shouldn’t mask the fact that what is happening in the housing market is utterly and horribly bad and that the economy is worse off for it. This past Thursday, the National Association of Realtors said that 3.96 million previously owned, or existing, homes were sold in September at a seasonally adjusted, annual rate. That was down from 4.68 million a year earlier, and even lower than the levels plumbed right after the pandemic hit. The report showed that there were just 1.13 million homes on the market last month, which is the fewest for a September on record.
Persons: MIKE BLAKE Organizations: Commerce, National Association of Realtors
Stanford coach Troy Taylor didn't really change a thing, just watched as the Cardinal steadily staged the largest comeback in school history. Joshua Karty connected on a 31-yard field goal in the second overtime after tying the game in regulation, Elic Ayomanor had a school-record 294 yards receiving and Stanford rallied for a 46-43 victory over Colorado early Saturday. “From youth on, I don’t remember being up 29-0 and losing a football game,” Sanders said. “The plays he made kept us in the game,” Sanders said. Colorado: The Buffaloes have a bye week before traveling to UCLA to face the Bruins on Oct. 28.
Persons: — Deion Sanders, Troy Taylor didn't, Cardinal, Joshua Karty, Ayomanor, ” Taylor, , Sanders, , Alaka’i Gilman, Karty, ” Shedeur Sanders, QBs Justin Lamson, Ashton Daniels, Daniels, , Troy Walters, ” Ayomanor, ” Colorado, Coach Sanders, ” Sanders, ” Deion Sanders, Travis Hunter, Deion Sanders, that's Organizations: Stanford, Colorado, Buffaloes, Kansas, ” Stanford, UCLA, , Colorado State, Folsom, Colorado : Defense, NEXT Stanford, The Buffaloes, Bruins, AP Locations: BOULDER, Colo, Colorado, Stanford
Inflation Bump Won’t Be Enough to Unsettle Fed
  + stars: | 2023-10-12 | by ( Justin Lahart | ) www.wsj.com   time to read: 1 min
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/economy/central-banking/inflation-bump-wont-be-enough-to-unsettle-fed-86890361
Persons: Dow Jones
Profits Are Making a Comeback
  + stars: | 2023-10-11 | by ( Justin Lahart | ) www.wsj.com   time to read: 1 min
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/finance/stocks/profits-are-making-a-comeback-2af53ab0
Persons: Dow Jones
Bond Selloff Might Force Fed to Rethink Shedding Assets
  + stars: | 2023-10-05 | by ( Justin Lahart | ) www.wsj.com   time to read: 1 min
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/economy/central-banking/bond-selloff-might-force-fed-to-rethink-shedding-assets-305d2a26
Persons: Dow Jones
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