The New York Times

The economy’s resurgence from the pandemic shock has had a singular driving force: the consumer. Flush with savings and buoyed by a sizzling labor market, Americans have spent exuberantly, on goods such as furniture and electronics and then on services including air travel and restaurant meals.

To Avoid a Recession, Consumer Spending Is Key

TheDailyBeast

Fears of an impending U.S. recession sent the Dow Jones Industrial Index tumbling more than 1,000 points in early trading Monday and triggered a panic sell-off in financial markets around the world.Wall Street went into meltdown with the S&P 500 down 4 percent and Nasdaq dropping 5.5 percent. The Dow Jones slipped 3 percent, or 1,197 points by 9.35 a.m. Eastern.Earlier, the FTSE 100 index in London fell by 2.1 percent, and it was followed by the Nikkei 225 in Japan plunging by 12.4 percent, or 4,451 points, the biggest one-day points drop in history.In Paris, the CAC-40 fell by...

Stock Markets Crash Worldwide Over Fears of U.S. Recession

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Trailer Empire

The bond market has been buoyed by the Federal Reserve's recent hints that a rate cut may be on the horizon this September, leading to a noticeable drop in mortgage rates. Investors are reacting to the Fed's subtle language changes, anticipating a potential shift in monetary policy.

Mortgage Rates Plunge as Fed Signals Potential September Rate Cut

The stock market’s benchmark index, the S&P 500, has erased $1.2 trillion of its market capitalization since its daily high in just four hours after falling “in a literal straight line lower.”. That’s according to the economics outlet Kobeissi Letter, which noted on the microblogging platform X (formerly...

Market Bloodbath: S&P 500 Crashes $1.2 Trillion in Hours as Recession Fears Soar

West Virginia Watch

The unemployment rate climbed to 4.3% in July, up 0.2% from June, the Friday employment report from the Bureau of Labor Statistics shows, alarming some economists who believe the Federal Reserve has waited too long to cut interest rates. The economy added 114,000 jobs and the number of people who were on temporary layoff rose […]

U.S. unemployment rises as the Fed holds tight on key interest rates

(AP) — U.S. death rates fell last year for all age groups compared with 2022, federal health officials said Thursday. Here's what the Centers for Disease Control and Prevention data showed:. — Covid-19 fell to the 10th leading cause of death. Early in the pandemic, the coronavirus was the...

Covid-19 falls to No. 10 cause of death in US

Colorado State

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David Heitz

A bill quietly introduced this spring in the Colorado legislature to decriminalize the possession of drug paraphernalia obtained by harm reductionists has become law. As low-key as the legislation was introduced, the bill was signed into law without fanfare June 6. It garnered little to no media attention.

Colorado legalizes needles, pipes for meth and crack if obtained by harm reduction group

NewsNinja

A lady is cautioning others about purchasing budget earrings from Amazon, Shein, and H&M, after she experienced keloid formations on her earlobes due to wearing them. On a TikTok post that has garnered more than 334,000 likes, Sailor Rozema (@sailor.rozema), a content creator, shares a warning with her community of "dangly earring girls": the inexpensive jewelry found in fast fashion can have negative impacts on your well-being.

‘I’ll never be wearing earrings for the rest of my life’: Customer warns against buying from Shein

Chicago, IL

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Foodie in Chicago

Shortly before 3 AM, people in the Chicago area may have felt their houses shake as a 3.4-magnitude earthquake occurred about 60 miles west of the city. (CHICAGO) The United States Geological Survey (USGS) reported a 3.4-magnitude earthquake around Somonauk, IL. Somonauk is in DeKalb and LaSalle Counties, 64 miles west of Chicago.

Did You Feel the Earthquake?

Illinois State

CHICAGO — The Seventh Circuit allowed Illinois to remand its environmental claims against 3M to state court. 3M allegedly contaminated the Mississippi River with PFAS chemicals, but asserts a federal government contractor defense, alleging the contamination was caused by a chemical provided to the military’s Rock Island Arsenal installation. The defense does not apply to PFAS chemicals sourced from that facility.

3M’s forever chemicals

Seattle, WA

SEATTLE (CN) — The family of a French diver who died when the Titan submersible depressurized during a voyage to the Titanic wreckage last year filed a wrongful death lawsuit accusing the company behind the trip of “persistent carelessness, recklessness and negligence” leading to his death. Paul-Henri...

OceanGate hit with $50M wrongful death lawsuit over submersible implosion

Hawaii State

Lahaina, HI

(CN) — One year and one day after a wind-driven wildfire razed the town of Lahaina to the ground, Hawaii Governor Josh Green provided a one-year update on the recovery to this point and what will come next in a press conference Friday. After spending the day with families...

One year after destructive wildfires, Hawaii governor focused on housing

Denver, CO

More dangerous substances are entering the Denver drug supply, Harm Reduction Action Center warned in a newsletter this week. “The Iron Law of Prohibition posits that as law enforcement becomes more intense, the potency of prohibited substances increases,” HRAC Executive Director Lisa Raville wrote in the newsletter. That is exactly what is happening, she said.

Dangerous substances entering Denver drug supply

Huntington Beach, CA

SAN DIEGO (CN) — Huntington Beach will work to fight California’s prohibition on forcing educators to out LGBTQ students after the City Council voted Tuesday night to prepare a "parents' right to know" ordinance. Mayor Gracey Van Der Mark submitted a request to prepare the ordinance in response...

Huntington Beach moves toward ‘parents’ right to know’ ordinance, challenging ban on forced outing

Las Vegas, NV

LAS VEGAS (CN) — Though former Clark County Public Administrator Robert Telles' trial for the murder of a Las Vegas journalist is scheduled to begin Monday, a delay in submitting evidence from the journalist's employer may complicate those plans. Telles is charged in the first-degree murder of Las Vegas...

Late evidence prompts possible delay in trial for murdered Vegas reporter

Tennessee State

John M. Dabbs

NASHVILLE, Tenn. — The Tennessee Department of Health (TDH) has issued a health alert to clinicians statewide following reports of severe acute illnesses and adverse effects of consuming Diamond Shruumz™ brand chocolate bars, cones, and gummies. The warning comes after the Centers for Disease Control and Prevention (CDC) and the Food and Drug Administration (FDA) received reports of serious health issues linked to these mushroom-containing edible products.

Tennessee Health Alert: Severe Illnesses Linked to Diamond Shruumz™ Products

Florida State

Jacksonville Today

Gov. Ron DeSantis has issued a state of emergency in Northeast Florida and across much of the state as a tropical system appears almost certain to develop. The National Hurricane Center said Friday morning that a tropical wave has a 90% chance of developing into at least a tropical depression over the next seven days. Most models show it moving into the Gulf of Mexico and then coming ashore and crossing the state, possibly moving over Northeast Florida.

Tropical system is nearly certain to develop

Republican Donald Trump has a 7-point lead over Democrat Kamala Harris among Florida voters, 49% to 42%, according to a new poll from the University of North Florida. Four percent are backing another candidate, and 6% are undecided or didn’t answer.

New Florida poll: Trump leads; support strong for abortion and recreational weed

California State

(CN) — The U.S. Fish and Wildlife Service on Wednesday proposed listing the Long Valley speckled dace, a rare minnow native to the eastern Sierra Nevada, as an endangered species. The decision stems from a petition from the Center for Biological Diversity seeking to protect the subspecies on the...

Feds eye rare California fish for endangered species protections

Stocks tumbled Thursday after fresh data stoked fears that the US economy is weakening as interest rates stay at a 23-year high.

Dow closes nearly 500 points lower as investors fear the US economy is faltering

NewsBreak

Recession fears continue to roil financial markets

MANHATTAN (CN) — In another week punctuated by wild swings, investors followed up Monday’s massive sell-off with one of the best days in years to end...

Recession fears continue to roil financial markets

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