Home

Recession seen unlikely in latest survey

Published Mon, 24 Feb 2025 02:03:12 GMT

NEW YORK — Most business economists think the U.S. economy could avoid a recession next year, even if the job market ends up weakening under the weight of high interest rates, according to a survey released Monday.Only 24% of economists surveyed by the National Association for Business Economics said they see a recession in 2024 as more likely than not. The 38 surveyed economists come from such organizations as Morgan Stanley, the University of Arkansas and Nationwide.Such predictions imply the belief that the Federal Reserve can pull off the delicate balancing act of slowing the economy just enough through high interest rates to get inflation under control, without snuffing out its growth completely.“While most respondents expect an uptick in the unemployment rate going forward, a majority anticipates that the rate will not exceed 5%,” Ellen Zentner, president of the association and chief U.S. economist at Morgan Stanley, said in a statement.The Federal Reserve has rais...

7 things I’ve learned about how to live happily in retirement

Published Mon, 24 Feb 2025 02:03:12 GMT

Long before I had any thoughts of retirement, I enjoyed a busy career as a journalist.On a rare night off, I was invited to a writer friend’s house; she was a superb hostess with a cranky, charismatic hubby who retired from the industry. He had a career as a producer whose claim to fame included the hockey fan favorite, “Slap Shot,” starring Paul Newman.That night, I tried to get his take on a film I had just seen.“The movies?! Anne, I don’t have TIME to go to the movies!” It wasn’t an angry response, he just seemed puzzled that I didn’t understand. I chalked it up to his long list of eccentric interests: he loved screwcap wines, knives, guns and cigars; he had inherited Alfred Hitchcock’s collection of stogies.No time for a flick? What was he up to? Now I know.Decades after that dinner, I’m almost two years retired myself. I had enjoyed my fast-paced job as a features writer/editor for local publications including The Orange County Register, Los Angeles Times and Orange Coast magaz...

Airline works to make solo women feel safer amid swirl of reported groping incidences

Published Mon, 24 Feb 2025 02:03:12 GMT

Lark Ellen Gould | TravelPulse (TNS)These incidents are not unusual; in fact, they happen all too often. The headlines read like this: “Sleeping woman wakes up to passenger groping her on flight to XX.”It happened to me early in the early aughts on a Royal Jordanian flight from New York to Amman. The seat row was in the back of the Economy Plus section. The seatmate was an air marshal. I knew this because I saw the pistol he packed in his carry-on bag. I did not report the incident, and when I visibly awoke, we chatted as if it had never happened. I chose not to make a scene on that very long flight. I decided not to let him know that I knew what he had done.Perhaps it was the wrong choice. These incidents are much too common for one person to change the tide, I felt. It would take a world of attention and new seating policies to make a difference.And one airline is doing just that. Air India offers a female-only row for its seating choices, at least on domestic flights. The move ca...

Supreme Court sounds skeptical of blowing up favor of Purdue bankruptcy deal

Published Mon, 24 Feb 2025 02:03:12 GMT

The Supreme Court justices sounded ready on Monday to uphold a huge bankruptcy deal that includes $6 billion from the Sackler family, but also shields them from any personal liability, to help the nation and tens of thousands of victims recover from the opioid crisis.Most of the justices said the deal looked to be the best possible outcome, even though it gave the Sacklers a shield from future lawsuits.Most of their questions were critical of the Biden administration’s claim that the deal should not go forward because the Sacklers are not bankrupt.Justice Brett M. Kavanaugh said tens of thousands of families directly affected by OxyContin “overwhelmingly approve of this settlement,” he told a Justice Department lawyer. “The federal government which has no stake in this is telling the families we will not give you a prompt payment and to allow this money to go to the states.”Justice Elena Kagan agreed and said the federal government seeks “to blow ...

After racist shooting that killed 3, family sues Dollar General and others over lax security

Published Mon, 24 Feb 2025 02:03:12 GMT

JACKSONVILLE, Fla. (AP) — Family members of three Black people fatally shot at a Dollar General store in north Florida by a racist gunman have sued the store’s owner, operator and security contractor for negligence, claiming lax security led to their loved ones’ deaths.The 21-year-old gunman had attempted to enter another store and the campus of a historically Black college, but he was stopped by the presence of security guards at both places. The probes by Ryan Palmeter took place in a predominantly Black neighborhood in Jacksonville last August, ending in the fatal assault at the Dollar General.The lawsuit was filed Monday on behalf of the families of Angela Carr, Jerrald Gallion and A.J. Laguerre.“While Palmeter was deterred from harming the public at his two preceding stops, at this Dollar General, there was nothing in place to again deter Palmeter from attacking and killing innocent persons,” the families’ lawsuit said.Better security measure...

Fossil fuels influence and other takeaways from Monday’s climate conference events

Published Mon, 24 Feb 2025 02:03:12 GMT

The influence of the fossil fuel industry at the United Nations annual climate conference, commonly called COP28, was a focal point on Monday with the president of the talks pushing back against criticism that his role heading a fossil fuel company conflicted with the need to reduce fossil fuel use. Meanwhile, The Associated Press found that the number of people in Dubai affiliated with fossil fuel interests had substantially grown compared with previous years.Adding to the criticism was former U.S. Vice President Al Gore, who noted the conflict in COP28 President Sultan al-Jaber’s dual roles — leading the conference and an oil company — and said it “goes to the heart” of whether the world can prevent even more dangerous warming.Leaders also focused on the problem of financing renewable energy and climate projects. Climate change will require expending tremendous resources and that burden will fall especially hard on developing countries. Takeaways from Monday’s events i...

Detroit on track to record fewest homicides since 1966, officials say

Published Mon, 24 Feb 2025 02:03:12 GMT

The city of Detroit is on-track to see its fewest yearly homicides in nearly six decades, officials said Monday.Through Nov. 30, Detroit had recorded 228 homicides — an 18% decrease over the same period last year. In 2018, Detroit had 261 homicides, the fewest number since 1966, when there were 214 homicides.Officials credit a partnership between the city, Wayne County and the state that improves coordination among agencies and courts. It also has resulted in a 36% drop in carjackings and 13% decrease in non-fatal shootings, they said.The coalition was formed in late 2021 by County Executive Warren Evans and Detroit Mayor Mike Duggan to improve the local criminal justice system following disruptions from the coronavirus pandemic. Officials said the COVID-19 outbreak caused court dockets to back up, forced jails to release prisoners due to lack of space and made it difficult for police and the prosecutor’s office to fill vacant positions.“We are seeing record drops in gun viole...

Man who posed as agent and offered gifts to Secret Service sentenced to nearly 3 years

Published Mon, 24 Feb 2025 02:03:12 GMT

WASHINGTON (AP) — A man accused of pretending to be a federal agent and offering gifts and free apartments to Secret Service officers has been sentenced to nearly three years in prison.Arian Taherzadeh, 41, was sentenced to 33 months in prison Friday. He and a second man, Haider Ali, were indicted in April 2022, accused of tricking actual Secret Service officers, offering expensive apartments and gifts to curry favor with law enforcement agents, including one agent assigned to protect the first lady, prosecutors said.Ali, 36, was sentenced in August to over five years. Attorneys for the two did not immediately respond to messages seeking comment Monday.Prosecutors alleged Taherzadeh falsely claimed, at various times, to be an agent with the Department of Homeland Security, a former U.S. Air Marshal, and a former U.S. Army Ranger. He used his supposed law-enforcement work to trick owners of three apartment complexes into letting him use multiple apartments and parking spaces for fake...

Toronto cycling advocates ask mayor to focus resources on motor vehicle incidents that cause injuries

Published Mon, 24 Feb 2025 02:03:12 GMT

Toronto cyclist advocates are questioning the use of resources on bringing riders to trial as a motorist has their charges dropped in an incident that injured a cyclist. David Shellnutt, known as the Biking Lawyer, said they are currently representing three different cyclists who are awaiting trials for allegedly speeding in High Park.Shellnutt explained it comes at the same time, another client of his, who was injured by a motorist on the Lake Shore West bike path that same year, learned the City’s Prosecutor’s Office had dropped charges against the driver who allegedly hit him. The reason given was a lack of resources for prosecutions after the COVID-19 pandemic, according to Shellnutt.He said it demonstrates a misuse of resources.“It strikes us and ours, especially the one with the broken ankle that people who are allegedly speeding in a park on bicycles are made to go to trial, [where] no one was injured, but a driver who runs down a cyclist on Lakeshore West b...

Bypassing public hearings, debate on Ontario Place bill is undemocratic: opposition

Published Mon, 24 Feb 2025 02:03:12 GMT

Ontario’s Progressive Conservative government is planning to bypass key debate and public hearings on a bill to push Ontario Place redevelopment plans forward, a move the opposition parties say is undemocratic.The legislation enacts the province’s promise to take control of two Toronto highways, largely exempts Ontario Place land from further environmental assessments and heritage protections, and allows the minister of infrastructure to issue minister’s zoning orders, which override local laws.Government House Leader Paul Calandra has now proposed skipping committee hearings, which provide an opportunity for public input and normally come after a bill passes second reading, and skipping debate on the bill’s third and final reading.NDP Leader Marit Stiles said it is particularly troubling that the bill seeks to indemnify the government against claims of “misfeasance” and “bad faith.”“It’s deeply concerning,” she said....