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Recession chances have jumped, JPMorgan strategists say

Published Wed, 26 Feb 2025 04:30:27 GMT

(The Hill) -- JPMorgan Chase strategists warned clients on Monday that recession chances have increased amid the recent banking crises.Even as the Federal Reserve is set to make a key decision on whether to continue to raise interest rates on Wednesday, the strategists suggested that it may not be able to avert a recession, Fortune reported. “The Fed is facing a difficult task on Wednesday, but it is likely already past the point of no return,” the strategists said, per Fortune. “A soft landing now looks unlikely, with the airplane in a tailspin (lack of market confidence) and engines about to turn off (bank lending).”“Even if central bankers successfully contain contagion, credit conditions look set to tighten more rapidly because of pressure from both markets and regulators,” they added. Why millions of people could lose Medicaid next month After the sudden collapse of Silicon Valley Bank and Signature Bank earlier this month, the federal government has attempte...

DuPage County moves to better assist domestic violence victims

Published Wed, 26 Feb 2025 04:30:27 GMT

DUPAGE COUNTY, Ill. — A new initiative is coming to DuPage County aimed at helping victims of domestic violence to access resources in a safe and discrete manner.DuPage County State’s Attorney Robert Berlin, the Honorable Ann Celine O’Hallaren Walsh, Presiding Judge of Specialty and Juvenile Courts Division, and Diana Hightower, Coordinator of the DuPage Family Violence Coordinating Council, plan to discuss the details at a Wednesday press conference. Superbug fungus cases rose dramatically during pandemic Other DuPage County elected and community leaders are also scheduled to be present at the event.WGN plans to livestream the press conference within this story beginning at approximately 11 a.m.

DeSantis on Trump's nickname for him: I kind of like it, 'it's got a lot of vowels'

Published Wed, 26 Feb 2025 04:30:27 GMT

(The Hill) -- Florida Gov. Ron DeSantis (R) said in a recent interview that he “kind of” likes former President Donald Trump’s “Ron DeSanctimonious” nickname for him.“I don’t know how to spell the sanctimonious one. I don’t really know what it means, but I kinda like it, it’s long, it’s got a lot of vowels,” DeSantis told television host Piers Morgan in an interview set to air on Thursday. “We’ll go with that, that’s fine.” “I mean, you can call me whatever you want, just as long as you also call me a winner because that’s what we’ve been able to do in Florida, is put a lot of points on the board and really take this state to the next level,” he added. DeSantis steps up his Trump counter-punches Trump coined the “DeSanctimonious” nickname ahead of the 2022 midterm elections, as he took aim at the Florida governor in anticipation of a possible 2024 challenge. However, the former president has also workshopped other nicknames for DeSantis. After rejec...

Legal action filed against Little Village Discount Mall owner

Published Wed, 26 Feb 2025 04:30:27 GMT

CHICAGO — Ald. Byron Sigcho-Lopez (25th Ward) updated the public Wednesday on "legal litigation against Novak Construction," according to a press release from his office.The action comes after 80 Little Village Discount Mall vendors were given eviction notices in February. At the time, they were given until Mar. 26 to liquidate their merchandise and be out of the mall. RECAP: Vallas, Johnson face off in WGN’s Chicago Mayoral Debate On Mar. 16, Sigcho-Lopez led a group of vendors and supporters from the mall to Novak Construction in a protest caravan against the company's redevelopment plans.This story will be updated. Check back later for additional details.

What you need to know about the drug-resistant Candida auris fungus

Published Wed, 26 Feb 2025 04:30:27 GMT

BestReviews is reader-supported and may earn an affiliate commission. Details.The world is facing a new global health threatOn Monday, the Centers for Disease Control and Prevention issued a press release. The announcement identified Candida auris as “an urgent antimicrobial resistance threat.” Unfortunately, like the beginning of the pandemic, scientists do not yet fully understand why C. auris is resistant to antifungal medicines or why it has appeared in many regions of the world at the same time. Here’s what is currently known about this new threat.In this article: Dove Skin Care Cool Moisture Beauty Bar, Purell Advanced Hand Sanitizer Gel and Belle Chemical Medical Grade Isopropyl Alcohol.What is C. auris?C. auris is a type of yeast that has been causing severe illnesses around the world. It spreads primarily through contact but may become airborne after vigorous activities such as making a bed. C. auris can live on surfaces for several weeks,...

TCEQ holds meeting on Boring Co.’s wastewater dumping request in Bastrop County

Published Wed, 26 Feb 2025 04:30:27 GMT

BASTROP COUNTY, Texas (KXAN) — People in Bastrop County are concerned about Elon Musk's Boring Company’s request to dump thousands of gallons of treated wastewater into the Colorado River. Tuesday night, the Texas Commission on Environmental Quality held a meeting with neighbors about the future of their drinking water supply. Previous story: Neighbors upset with Boring Co.’s wastewater dumping request A representative from the Boring Co. was there to answer questions and explain the dumping process. "We will have less than 3% of the water being industrial water. It's from one process, a water jet process that uses a water jet to cut materials. And that is treated before it will head to a final treatment," Rajit Patel with Gapped Bass LLC said. "So there will be a primary treatment to where it is ready to head to the final treatment."In July, Gapped Bass LLC, an entity affiliated with the Boring Co., submitted a permit application with the TCEQ to dump 142,500 gallons of treated ...

Unlicensed psychotherapist arrested in Columbia County

Published Wed, 26 Feb 2025 04:30:27 GMT

COLUMBIA COUNTY, N.Y. (NEWS10) -- A Chatham man was arrested for allegedly practicing as a psychotherapist without a license. William Culley, 57, is charged with unauthorized practice of a profession. Get the latest, news, weather, sports and community events delivered right to your inbox! New York State Police say they received a tip regarding Culley, alleging he was not licensed to practice as a psychotherapist. Following an investigation, police determined Culley was in fact practicing without a license and arrested him on Saturday, March 18. Culley was issued an appearance ticket to return to the town of Austerlitz Court on Wednesday at 6 p.m.

The best walking trails in Albany County, according to All Trails

Published Wed, 26 Feb 2025 04:30:27 GMT

ALBANY, N.Y. (NEWS10) -- With spring officially beginning and the weather hopefully starting to match, why not get out for a walk? Using All Trails, News10 has compiled a list of what trails are considered the best in Albany County. All Trails uses reviews from trail-goers to make their rankings. Get the latest, news, weather, sports and community events delivered right to your inbox! 1. Mohawk-Hudson Canalway TrailLength: 36.7 milesElevation gain: 1,062 ft.Route type: point to pointColonie Town ParkAccording to All Trails, Mohawk-Hudson Canalway is a wheelchair, kid, and stroller-friendly trail for walking, biking, running, bird watching, and viewing. It takes roughly 11 hours and 22 minutes to complete in full. The route crosses roads in multiple areas. There are also many picnic tables and places to unwind and enjoy nature.2. Albany County Helderberg-Hudson Rail TrailLength: 18 milesElevation gain: 515 ft.Route type: out and backRail Trail, 722 S Pearl Street, AlbanyAccording...

Controlled fire inside Calvary Cemetery

Published Wed, 26 Feb 2025 04:30:27 GMT

ST. LOUIS - A controlled fire is taking place at a north St. Louis cemetery.Our Bommarito Automotive Group SkyFOX helicopter flew over the scene at Calvary Cemetery. Top story: Missing St. Charles woman found dead; 1 man in custody A planned burn involves setting fires to maintain the health benefits of forests.

Alton man convicted of child sex crimes, sentenced to 45 years in prison

Published Wed, 26 Feb 2025 04:30:27 GMT

MADISON COUNTY, Ill. - An Alton man was recently convicted of child sex crimes and sentenced to 45 years in prison. Ryan M. Nation, 39, pleaded guilty Tuesday to one count of predatory criminal sexual assault of a child and one count of child pornography. Person of interest wanted for killing two people in Troy, Missouri Investigators say Nation committed sexual acts with a child on March 15, 2022, and used a phone to record the assault on video.The Madison County Sheriff’s Office began investigating the case after a cybertip from the National Center for Missing & Exploited Children. “We will continue to work with law enforcement and use any available resources to investigate and prosecute those who prey on children,” said Madison County State's Attorney Thomas Haine. “I commend the diligent work of law enforcement and the prosecution team in our Children’s Justice Division, who worked hard to ensure this offender will no longer be a threat to our children and our community.”...