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Showing posts from May, 2023

Consumer confidence declines again in May, 4th time in 5 months, particularly for older Americans

Consumer confidence fell in May as Americans, particularly older ones, became more pessimistic about the labor market, on top of elevated anxiety over inflation Consumer confidence fell in May as Americans, particularly older ones, became more pessimistic about the labor market, on top of elevated anxiety over inflation. The Conference Board reported Tuesday that its consumer confidence index fell to 102.3 in May from 103.7 in April. It’s the fourth time in five months that overall U.S. consumer confidence has decline d. The Business research group’s present situation index — which measures consumers’ assessment of current Business and labor market conditions — fell to 148.6 from 151.8 last month . The board’s expectations index — a measure of consumers’ six-month outlook for income, business and labor conditions — inched down to 71.5 this month from 71.7 in April. A reading under 80 often signals a recession in the coming year. The Conference Board noted that reading has come in

Children among 9 injured in shooting along Hollywood Beach Broadwalk in Florida: Police

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Nine people were injured Monday night in a Memorial Day shooting along the Hollywood Beach Broadwalk in Florida after a dispute broke out between two groups, police said. Nine people, including children, were injured Monday night in a Memorial Day shooting along the Hollywood Beach Broadwalk in Florida after a dispute broke out between two groups, according to police. One person of interest has been detained, and police are seeking an additional suspect who is still on the loose, Hollywood Police Department Public Information Manager Deanna Bettineschi said. Four juveniles between the ages of 1 and 17 were shot, including a child between 15 and 18 months old, Bettineschi said, as well as five adults ages 25 to 65. One person is in surgery and the rest of the victims are stable at this point, she added. Beachgoers are seen next to law enforcement officers on a crime scene as they respond to a shooting at Hollywood Beach on May 29, 2023 in Hollywood, Florida. At least nine people were

Debt ceiling agreement gets thumbs up from business groups, jeers from some on political right

The reviews are starting to come in as details emerge about the debt ceiling agreement reached by President Joe Biden and House Speaker Kevin McCarthy WASHINGTON -- The reviews are starting to come in as details emerge about the debt ceiling agreement reached by President Joe Biden and House Speaker Kevin McCarthy. Already, some lawmakers are criticizing the deal as not doing enough to tackle the nation's debt, while others worry it's too austere and will harm many low-income Americans. The legislation will probably need support from a significant number of lawmakers from both parties to clear the closely divided House and gain the 60 votes necessary to advance in the Senate. Many lawmakers say they are withholding judgment until they see the final details. A look at how the agreement is going over so far: EARLY CONCERNS Some of the earliest objections are coming from the most conservative members of Congress, particularly members of the hardline House Freedom Caucus that oft

Hong Kong denies knowledge about Uyghur student, slams Amnesty for saying he disappeared at airport

Hong Kong has criticized Amnesty International’s accusation that a Uyghur student disappeared after being interrogated at the airport HONG KONG -- Hong Kong on Saturday criticized rights group Amnesty International’s accusation that a Uyghur student disappeared after being interrogated at the airport, and said that government records showed that he had not entered or been refused entry to the city. Amnesty International said Friday that Abuduwaili Abudureheman, who was born in Xinjiang in western China, had Travel ed to Hong Kong from South Korea to visit a friend on May 10 but has since gone missing after he texted the friend about being interrogated after his arrival. He spent the last seven years studying in Seoul, completing a Ph.D. in Sports and leisure in 2022, according to the group. In a statement, the government strongly condemned Amnesty’s “groundless and unfounded remarks" as an attempt to smear it. “In fact, the records of the HKSAR Government show that the person has

MLB Padres vs Yankees Same Game Parlay Predictions at +502 odds

Here at Pickswise, we provide MLB coverage with YRFI/NRFI picks, player props, mega parlays and so much more. And now, we’re diving into the Same Game Parlay market! This SGP focuses on the Padres vs Yankees game in the Bronx, and 3 winning legs would give us a +502 payout. Before we dive in, don’t forget to check out our MLB picks on the side and total for every game today. But for now, let’s get into my Padres vs Yankees Same Game Parlay. Padres ML (-120) Juan Soto to record a run (-135) Aaron Judge 2+ bases (-110) Padres vs Yankees Same Game Parlay odds: +502 You can bet this Padres vs Yankees Same Game Parlay with FanDuel Sportsbook, which has the best odds available and a great new customer offer where you can get a No Sweat First Bet up to $1,000! Click here to take advantage of this can’t-miss offer. San Diego Padres ML (-120) over New York Yankees The New York rotation has become even thinner with Domingo German suspended for the illegal use of a foreign substance in hi

Alonso insists no issues with possible Honda reunion

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Fernando Alonso insists that he would have no issues working with Honda should he still be racing for Aston Martin when the two sides begin their Formula 1 partnership in 2026. It was recently announced that the British team will join forces with Honda when F1's new power unit regulations come into effect in 2026, bringing an end to Aston Martin's long relationship with Mercedes. Alonso has a slightly troubled history with the Japanese company, given the ill-fated McLaren-Honda days of 2015-17. Despite this, Honda have stated that they are open to working with Alonso again and the two-time World Champion appears equally accepting of the possibility. Alonso reacts to Honda news "[It's] very good news for the team, very excited," Alonso told media, including TheFOXposts.Com , ahead of the Monaco Grand Prix. "I think it shows the commitment of Aston Martin to really win races, win championships in the future, being independent, manufact

The timely result of an under-pressure MotoGP rookie

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The reigning Moto2 world champion, Fernandez is the only rookie on the 2023 MotoGP grid, having been signed by Tech3 to join its KTM-backed, GASGAS-branded squad. Fernandez endured a tough first four rounds of the championship, scoring nothing in any of the sprints and achieving a best grand prix result of 10th in America. At the French GP, Fernandez qualified inside the top 12 for the first time and ended the grand prix in fourth to cap off his best weekend in MotoGP so far. It proved timely , as in the earlier Moto2 race, 2021 Moto3 world champion Acosta crashed out. Acosta is set to make the step up to MotoGP in 2024 with KTM, though at present the only space for him is at Tech3 in place of Fernandez, who only has a one-year deal, while the rest of the KTM stable is contracted through to the end of next season. Asked by Motorsport.com at Le Mans if his season-best fourth felt like it came at the right time considering Acosta’s crash, Fernandez replied: “You have to as

Russia fights alleged incursion from Ukraine for 2nd day, reports more drone attacks

Russian troops and security forces are fighting for a second day against an alleged cross-border raid that Moscow blamed on Ukrainian military saboteurs but which Kyiv portrayed as an uprising against the Kremlin by Russian partisans KYIV, Ukraine -- Russian troops and security forces fought for a second day Tuesday against an alleged cross-border raid that Moscow blamed on Ukrainian military saboteurs but which Kyiv portrayed as an uprising against the Kremlin by Russian partisans. Vyacheslav Gladkov, governor of the Belgorod region on the Ukraine border, said forces continued to sweep the rural area around the town of Graivoron, where the alleged attack on Monday took place. Ten civilians were wounded in the attack , he said, and one died during evacuation. Gladkov urged residents of the area who evacuated on Monday to stay put and not come back to their homes just yet. “We will let you know immediately ... when it is safe,” Gladkov said. “Security agencies are carrying out all the

Debt ceiling explained: Why it's a struggle in Washington and how the impasse could end

President Joe Biden and House Speaker Kevin McCarthy are to meet face to face on Monday after a weekend of on again, off again negotiations over raising the nation’s debt ceiling WASHINGTON -- President Joe Biden and House Speaker Kevin McCarthy will meet face to face Monday after a weekend of on again, off again negotiations over raising the nation's debt ceiling and mere days before the government could reach a “hard deadline” and run out of cash to pay its bills. The two sides are working to reach a budget compromise before June 1, when Treasury Secretary Janet Yellen has said the country could default. McCarthy and Republicans are insisting on spending cuts in exchange for raising the debt limit. Biden has come to the negotiating table after balking for months but says the GOP lawmakers will have to back off their “extreme positions.” On Sunday evening, negotiators met again and appeared to be narrowing on a 2024 budget year cap that could resolve the standoff. After speaking w

Former Arkansas U.S. Rep. Marion Berry, who served 7 terms, dies at 80

Former Rep. Marion Berry, who was known for his blunt rhetoric and his advocacy work for farmers and older residents in eastern Arkansas, has died LITTLE ROCK, Ark. -- Former U.S. Rep. Robert Marion Berry, an Arkansas Democrat who served seven terms in Congress and was known for his blunt rhetoric and advocacy for farmers and older residents, has died. He was 80. Berry, who was known as “Marion,” died Friday, his family confirmed in a statement Saturday. A cause of death was not provided. “With his signature quick wit and way with words, he lived his life in service to others," said Berry’s son, Mitch. "He truly believed that the role of government was to help people, and it was a charge he took very seriously. He was generous with his time and talents as his dozens of mentees can attest.” Berry was first elected to Congress in 1996 but decided against reelection in 2010 for health reasons. He underwent surgery to remove a brain tumor in July 2011. A licensed pharmacist and

NASCAR All-Star Race 2023 Drivers, Picks and Best Bets | Pickswise

The NASCAR All-Star race happens on Sunday at North Wilkesboro Speedway thanks in large part to Dale Earnhardt Jr. It’s been a while since North Wilkesboro has hosted a NASCAR event, aside from iRacing, as it’s absence on the NASCAR schedule dates back to 1996. The North Carolina short track has been a driver and fan favorite in the past and offers an electric venue for the million-dollar exhibition that is the All-Star Race this weekend. How are we betting the All-Star Race and what tracks compare to North Wilkesboro? Let’s find out. You can bet on our NASCAR picks with FanDuel, America’s #1 Sports book, which has the best odds available and a great sign-up offer where you get a No Sweat First Bet up to $1,000! Click here to take advantage of this offer and gain access to tons of odds boosts on site.   NASCAR All-Star Race Betting Strategies This is a wild card of a race to be frank. Firstly, it’s an exhibition with only a partial field — one that’s set fully only a bit befor