Columbus, OH

New York State

New York manufacturing activity edged slightly lower in the month of August, the Federal Reserve Bank of New York revealed in a report on Thursday. The New York Fed said its general business conditions index rose to a negative 4.7 in August from a negative 6.6 in July, but a negative reading still indicates contraction. Economists had expected the index to inch up to a negative 6.0.

New York Manufacturing Index Remains Negative In August

New York Post

Most economists think that the Federal Reserve will institute a modest cut to the benchmark interest rate rather than the jumbo bite demanded by some of Wall Street’s largest banks, according to a new survey.

Nearly four in five economists told Bloomberg News that they predict the Fed will slash rates by a quarter point, to a range of 5% to 5.25%, following its Sept. 17-18 meeting, while a small sliver said they thought a larger rate cut was in the offing.

Just one in 10 of those surveyed predicted that the central bank would implement an emergency rate cut before the...

Fed will steer clear of jumbo rate cut despite mounting pressure: survey

Axios

The latest Consumer Price Index report, released on Wednesday, shows that after two years inflation is no longer the economy's biggest problem. Why it matters: The string of upbeat inflation data is all but certain to allow Fed officials to more comfortably shift their attention to the weakening labor market and lower interest rates.

Battle to kill inflation appears all but over, CPI report confirms

Price hikes slowed more than expected in July, and, for the first time in more than three years, the Consumer Price Index has landed below 3%.

Inflation milestone: Consumer Price Index slows below 3% for first time since March 2021

The number of Americans filing new applications for unemployment benefits fell last week — surprising economists and boosting hopes that the Federal Reserve will finally start cutting interest rates next month.

The Labor Department said initial claims for state unemployment benefits dropped to a seasonally adjusted 227,000 for the week ended Aug. 10, missing economists’ predictions of 235,000, according to a Reuters poll.

Thursday’s report marks the fourth month in a row during which the jobless rate has grown due to an influx of immigrants seeking jobs in the US — driving up the labor supply while hiring remains stunted.



Elon Musk says...

US weekly job claims fall, boosting case for Fed to finally begin cutting rates

Ohio State

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The Lantern

On Tuesday, licensed Ohio dispensaries began legally selling non-medical marijuana to consumers; however, the drug’s possession, growth and/or usage are still prohibited on Ohio State’s campus. Credit: Jefferee Woo/Tampa Bay Times/TNS [Original caption: Four citizen-led petitions with proposals to update Dallas’ charter hit the 20,000 valid signature threshold to make it on the Nov. 5 election ballot, including one that would ban police officers from arresting or citing people carrying less than four ounces of marijuana.] As of Tuesday, students 21 and older can now legally purchase marijuana in Ohio.

Dispensary sales of recreational marijuana began Tuesday; possession and usage still prohibited on Ohio State’s campus

Colorado State

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

South Carolina State

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Colleton County, SC

Explore Beaufort SC

Some beachgoers were in for a surprise this week when a bizarre looking prehistoric fish washed ashore in Colleton County along Edisto Beach at Edisto Beach State Park. It turned out to be an atlantic sturgeon.

Rare Atlantic sturgeon washes ashore on South Carolina beach

Writers represent independent, third-party users who have joined our contributor program and self-verified their accounts. Writers are expected, like all users, to adhere to our Community Standards.

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J. Souza

A retired military officer who had been struggling with post-traumatic stress disorder (PTSD) tragically died after jumping from the world’s largest cruise ship last month, authorities confirmed.

Cruise Passenger Who Jumped from World's Largest Ship After Dispute Suffered with PTSD

Georgia State

Charlotte, NC

Daily Coffee Press

Here we (could) go again.. After making a second landfall in South Carolina, Debby weakened to a tropical storm and now located close to Charlotte, North Carolina. Despite the downgrade, the storm remains a threat, bringing heavy rainfall and tornado watches across North Carolina. Tragically, Debby has claimed six lives, including two in Georgia. Although Debby will soon lose its tropical characteristics, the risk of flooding and tornadoes persists as it moves into other states.

NHC Monitors Potential New Storm That Could Threaten Georgia

Polk County, FL

Fort Meade, FL

Uncovering Florida

The Polk County Sheriff's Office has made an arrest after conducting an investigation into a case of credit card fraud involving 28-year-old Burger King employee, Kellyn Miley. The incident was discussed in detail during this morning's briefing with Sheriff Grady Judd.

Burger King Employee Caught Using Customer's Credit Card for Food at Former Job

Denver, CO

In addition to collecting more than 8,000 used needles in the past year from Denver drug users, the Harm Reduction Action Center passed out 10,000 meth pipes and “snort kits,” according to a newsletter sent to its supporters Thursday. They also connected about 1,700 people to medical, mental health and substance abuse treatment.

Denver group hands out 10K meth pipes, ‘snort kits,’ connects 1,700 to treatment annually

SAN JUAN, Puerto Rico (AP) — Tropical Storm Ernesto dropped torrential rain on Puerto Rico on Wednesday and left hundreds of thousands of people without power in the U.S. territory as it threatened to strengthen into a major hurricane en route to Bermuda. The storm was located about 125...

Tropical Storm Ernesto pummels northeast Caribbean and leaves hundreds of thousands in the dark

Jacksonville, FL

Jacksonville Today

A historic marker could be erected to honor the victims of the racist mass shooting at the Dollar General store in Jacksonville’s New Town neighborhood nearly a year ago. If approved by the Jacksonville City Council, a marker would be installed at Kings Road and Canal Street on Aug. 25, a day before the first anniversary of the shooting, when a white gunman took the lives of three Black people.

Memorial considered to honor Dollar General victims

Massachusetts State

Dianna Carney

Sandy Paws Rescue Inc., a foster-based rescue organization in Massachusetts, recently shared their furry friends who have been waiting the longest to find their forever homes. From a puppy who is housebroken and loves toys to a little five-year-old dog who is a great snuggle buddy and loves other dogs, each dog is unique but has one thing in common- they need a family who will love them. Get to know these five great dogs below, and don't forget to leave a comment to let me know which pup stole your heart!

Local Animal Rescue Shares Dogs Who've Been Looking For Love The Longest

Wabash, IN

WABASH — There is a sign in designer Kelli Winer’s studio that says, “Work Hard & Be Nice To People.” That could easily be her business’s mission statement or even her own personal creed. She’s worked tirelessly to make her interior design business extremely successful....

Making the Cut: Kelli Winer

WASHINGTON (AP) — Americans stepped up their spending at retailers last month by the most in a year and a half, easing concerns that the economy might be weakening under the pressure of higher prices and elevated interest rates. The Commerce Department reported Thursday that retail sales jumped 1%...

US shoppers sharply boosted spending at retailers in July despite higher prices

Los Angeles County, CA

Herbie J Pilato

[Note: Unless otherwise indicated, quotes and commentary that appear in this article are from an interview conducted by the author with those mentioned.]. Beloved, Tony Award-winning actress Alice Ghostley, who died at 81 in 2007, found mainstream fame in three hit TV shows: Bewitched (ABC, 1964-1972), Mayberry R.F.D. (CBS, 1968-1971), and Designing Women (CBS, 1986-1993). However, she initially declined participation in of those landmark series. What follows is what happened.

'Bewitched' Actress Alice Ghostley Refused "2nd Mrs. Kravitz" Role After Friend Alice Pearce Died

New Jersey State

New Brunswick, NJ

Morristown Minute

NEWARK, N.J. -A Middlesex County man, Kenneth Strickland, 57Kenneth Strickland, 57, from New Brunswick, has been convicted of his involvement in a large-scale conspiracy to distribute fentanyl and heroin. U.S. Attorney Philip R. Sellinger announced that Strickland was found guilty on July 29, 2024, of all six counts in a superseding indictment.

NJ Man Convicted in Large-Scale Fentanyl & Heroin Trafficking

Markets Insider

Shelter costs the final obstacle to inflation falling back dow to 2%

Housing costs are the final obstacle to inflation falling back to earth

NewsBreak

Annual US inflation falls to 3-year low, clearing the way for the Fed to begin cutting rates

WASHINGTON (AP) — Year-over-year inflation reached its lowest level in more than three years in July, the latest sign...

Annual US inflation falls to 3-year low, clearing the way for the Fed to begin cutting rates

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