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Why a US recession is still likely — and coming soon

Published Wed, 26 Feb 2025 05:17:10 GMT

Anna Wong and Tom Orlik | (TNS) Bloomberg NewsWhen everyone expects a soft landing, brace for impact. That’s the lesson of recent economic history — and it’s an uncomfortable one for the U.S. right now.A summer in which inflation trended lower, jobs remained plentiful and consumers kept spending has bolstered confidence — not least at the Federal Reserve — that the world’s biggest economy will avoid recession.A last-minute deal to avoid a government shutdown kicks one immediate risk a little further into the future. But a major auto strike, the resumption of student-loan repayments, and a shutdown that may yet come back after the stop-gap spending deal lapses, could easily shave a percentage point off GDP growth in the fourth quarter.Add those shocks to other powerful forces at work on the economy — from dwindling pandemic savings to soaring interest rates and now oil prices too — and the combined impact could be enough to tip the U.S. into a downturn as early as this year.Here are ...

10 questions that reveal how much you know about ageism and its costs

Published Wed, 26 Feb 2025 05:17:10 GMT

October 7 is Ageism Awareness Day for a good reason: Ageism is alive and well; it’s everywhere as a stereotype, prejudice and ultimately as an act of discrimination against older people, all based on age.We see it in the entertainment, tech, and greeting-card industries. It exists in our healthcare systems and within social media, medical research and among families and friends. Ageism is the most widespread and socially accepted form of prejudice, often considered normative. And that’s the problem. Many are unaware they harbor ageist attitudes towards others, themselves or support ageist policies, programs or practices.  We have federal legislation to counteract ageism in the workplace. It’s called the Age Discrimination in Employment Act (ADEA) applicable to companies with 20 or more employees. The law makes it illegal to discriminate against those aged 40 and older based on their age for decisions of employment, promotion, compensation, raises, termination, training and more.  Th...

Here’s how you can pay respects Wednesday to Sen. Dianne Feinstein at San Francisco City Hall

Published Wed, 26 Feb 2025 05:17:10 GMT

Members of the public can pay their respects to Sen. Dianne Feinstein — the longest-serving female senator in American history — at San Francisco City Hall on Wednesday, Oct. 4.Doors will be open to the public from 9 a.m. to 7 p.m. at 1 Dr. Carlton B Goodlett Place.The following day, a funeral service for the senator will be held at the San Francisco War Memorial and Performing Arts Center in the Herbst Theater. Though the service is not open to the public, it will be livestreamed at the North Light Court and San Francisco City Hall and online.Feinstein will then be buried in a private, family-only ceremony following the service on Thursday.

Former 49ers player killed in New York plane crash

Published Wed, 26 Feb 2025 05:17:10 GMT

(WFFF) — A former NFL star was among two people killed after a small plane crashed at an Upstate New York airport over the weekend, according to a report. The crash happened shortly after 4 p.m. Sunday at the end of a runway at the Lake Placid Airport.A spokesperson for the National Transportation Safety Board told Lake Placid News the plane made a "hard roll to the left" after taking off on Sunday, but the investigation remains ongoing. The outlet also reported that the victims have been identified as Richard McSpadden, the senior vice president of the Aircraft Owners and Pilots Association (AOPA), and Russ Francis, a former NFL tight end. Francis had recently purchased the airport's Lake Placid Airways scenic tour business. Russ Francis #81 of the San Francisco 49ers works to escape a tackle during Super Bowl XIX against the Miami Dolphins at Stanford Stadium, on January 20, 1985 in Stanford, California. The 49ers defeated the Dolphins 38 to16. (Photo by Tony Duffy/Getty Images)A...

SF Fleet Week 2023: schedule, events, what you need to know

Published Wed, 26 Feb 2025 05:17:10 GMT

SAN FRANCISCO (KRON) -- With a government shutdown averted, San Francisco's annual Fleet Week will take place this week as scheduled. The Fleet began arriving in the Bay Area Sunday and events are already underway as part of the weeklong fall tradition. As in past years, Fleet Week will culminate in an air show by the U.S. Navy Blue Angels next weekend that this year, will be dedicated to the late Sen. Dianne Feinstein.Here's what you need to know about SF Fleet Week 2023.When is Fleet Week 2023?Fleet Week gets underway Monday Oct. 2 and lasts through Monday Oct. 9.Fleet Week air show scheduleFleet Week culminates in the annual San Francisco Fleet Week air show, headlined by the iconic U.S. Navy Blue Angels. In addition to the Blue Angels, this year's air show will also feature the Leap Frogs Navy Parachute Team, a United Airlines 777, the Patriots Jet Team, and demos from other military aircraft, including Coast Guard helicopters, a Marine F-35B fighter, and a Navy Ace Maker T 33.H...

Correctional officer at Vacaville medical facility charged with smuggling cellphones into prison

Published Wed, 26 Feb 2025 05:17:10 GMT

(BCN) -- A Suisun City man was indicted last month on charges of bribery concerning programs that receive federal funds, the U.S. Department of Justice said Thursday.Stephen Crittenden, 43, was a California Department of Corrections and Rehabilitation correctional officer at the California Medical Facility in Vacaville.Crittenden allegedly accepted bribes to smuggle cellphones into the facility in 2021 and 2022.The investigation was carried out by the FBI and the California Department of Corrections.If convicted, Crittenden is facing 10 years in federal prison and a fine of $250,000, the DOJ said.Copyright © 2023 Bay City News, Inc.

Casi 3.000 inmigrantes duermen en comisarías y aeropuertos de Chicago

Published Wed, 26 Feb 2025 05:17:10 GMT

(CNN) — Casi 3.000 inmigrantes duermen en el suelo de las comisarías y los aeropuertos de Chicago, lo que supone un aumento significativo con respecto a los 2.006 inmigrantes que se encontraban en los tres lugares de alojamiento el 22 de septiembre, última fecha de los datos disponibles proporcionados semanalmente por un panel de datos de la comisión del ayuntamiento.La portavoz de la Oficina de Gestión de Emergencias y Comunicaciones de Chicago, Mary May, explicó a CNN que 2.306 inmigrantes se encuentran en comisarías a la espera de ser trasladados a centros de acogida. En los aeropuertos locales de Chicago, 619 están a la espera de ser ubicados en refugios.En total, Chicago ha recibido a más de 17.000 migrantes desde agosto de 2022.Crisis de migrantes: deberían estar en la primaria, en vez de eso hablan como veteranos de guerraEl viernes, la ciudad registró 10 llegadas de autobuses de migrantes, otras ocho llegadas de autobuses de migrantes el sábado y nueve el domingo. May ...

Barksdale, Hoye, Iassogna and Porter will be the umpire crew chiefs for Wild Card Series

Published Wed, 26 Feb 2025 05:17:10 GMT

NEW YORK (AP) — Lance Barksdale, James Hoye, Dan Iassogna and Alan Porter will be the umpire crew chiefs for baseball’s Wild Card Series this week.Barksdale will work the Texas Rangers’ series at the Tampa Bay Rays and be at second base for the opener Tuesday. He will be joined for Game 1 by Carlos Torres behind the plate, Tripp Gibson at first, Adrian Johnson at third, Adam Beck in left and Alex Tosi in right.Umpires rotate from right field to left and then clockwise around the bases starting at third, meaning an umpire who is at second for the opener will be behind the plate for a potential third game of the best-of-three Wild Card Series.Hoye will work the Miami Marlins’ games at the Philadelphia Phillies and be at second for the opener, when Stu Scheurwater is behind the plate, Doug Eddings at first, Marvin Hudson at third, Jordan Baker in left and Edwin Moscoso in right.Iassogna will officiate the Toronto Blue Jays’ series at the Minnesota Twins and will start at third base and...

2 DC men arrested in killing of 19-year-old who was shot and then run over in Md.

Published Wed, 26 Feb 2025 05:17:10 GMT

Maryland police said two D.C. men shot to death and then ran over a 19-year-old accused of trying to steal money from one of the men.Tyzaiah Gaither, of D.C., was found dead in the 3200 block of Naylor Road in Temple Hills near the D.C. border on June 22.Prince George’s County police have charged Jeffrey Coachman, 49, and Recco Bouknight, 53,  with first- and second-degree murder. They are in custody in D.C. pending extradition to Prince George’s County.According to a police news release, Coachman and Bouknight shot Gaither — who police said tried to steal money from Coachman — several times. Afterward, police said Coachman “intentionally” ran Gaither over with a car as the men fled the scene.Police found Gaither outside with several gunshot wounds, and he was pronounced dead on the scene.Anyone with information on what happened should call police at 301-516-2512.Below is the area where Gaither was found. Source

South Africa calls in 2019 winner Am to replace injured Mapimpi at the Rugby World Cup

Published Wed, 26 Feb 2025 05:17:10 GMT

TOULON, France (AP) — South Africa called in 2019 winner Lukhanyo Am to replace injured wing Makazole Mapimpi at the Rugby World Cup on Monday.Am, who normally plays center, is South Africa’s second injury replacement after flyhalf Handre Pollard, another World Cup winner four years ago, who was brought in when hooker Malcolm Marx was ruled out.Mapimpi has a fractured eye socket and will be out for 4-6 weeks, Springboks director of rugby Rassie Erasmus said.Mapimpi was injured in a tackle by Tonga scrumhalf Augustine Pulu that led to the players clashing heads in Sunday’s Pool B game in Marseille. Mapimpi left the field right after.Erasmus said Mapimpi might also have a fractured cheekbone.South Africa beat Tonga 49-18 in its final pool game to move to the brink of the quarterfinals. The defending champions have to wait for the match between Ireland and Scotland on Saturday to be certain of a place in the last eight.The 33-year-old Mapimpi was a Rugby World Cup winner wi...