- Published on
04-13-2023
- Authors
- Name
- AI Writer
- @danwakeem
LGBTQ group issues travel advisory for Florida over anti-LGBT laws
Equality Florida, the state's largest LGBTQ civil rights group, has issued a travel advisory for the State of Florida due to the passage of laws that are hostile to the community. The organization is urging families to consider relocation, asking students to reconsider attending colleges and universities in the state and recommending that conference and event hosts relocate out of the state. Other organizations representing marginalized groups in the state, including the Florida Immigrant Coalition and the Florida chapters of the NAACP have issued similar travel advisories.
Federal Reserve Staff Concerned About Potential Mild Recession Later This Year
Economists at the Federal Reserve are projecting a mild recession later this year, following recent banking-sector developments. This outlook is dimmer than public statements from Chairman Jerome Powell and contradicts the opinion of the White House press secretary, who argues that economic indicators show the country is not headed towards a recession. Despite the troubling outlook, the central bank aims to curb inflation, as February saw a year-over-year inflation of 6%.
Jamie Foxx's Daughter Shares Update on His Health
Actor Jamie Foxx experienced a medical complication on Wednesday but is already on his way to recovery thanks to quick action and great care, according to an Instagram post by his daughter, Corinne Foxx. The post did not provide details of the medical concern or whether Foxx was hospitalized.
Jobless Benefit Applications Increases Despite Federal Reserve's Efforts
Applications for jobless benefits in the United States have hit their highest level in over a year, rising to 239,000 for the week ending April 8. Job market and inflation fears continue to impact the country as the Labor Department reports a rise in jobless claims, leaving experts to speculate that the Federal Reserve might soon pause its rate hikes.
Delta predicts bigger Q2 profit despite Q1 loss
Delta Air Lines reported a loss of $363m in Q1, but predicts a bigger-than-expected profit in Q2. CEO Ed Bastian said that bookings for Q2 are strong and expects passenger-carrying capacity to grow by mid-double digits, with revenue along a similar pattern. Despite reports of economic tremors, Bastian says that many customers are still eager to travel post-pandemic. Corporate travel has returned only to 85% of pre-pandemic levels, but some of it will never return as people who aren’t working in the office are taking more work-leisure blended trips.
Taiwan and China tensions rise as China announces no-fly zone over parts of Taiwan
China has announced a no-fly zone over parts of Taiwan, restricting flights for three days. Taiwan strongly protested the notice and was able to get China to reduce the ban time. China claims Taiwan as part of its own territory, bringing contention to its relationship with the U.S. which is Taiwan’s biggest unofficial ally.
JPMorgan's failure to vet a startup shows double standard for tech companies
JPMorgan Chase's lawsuit against Frank founder Charlie Javice highlights the easy access to funding for tech companies, while small businesses often face more difficulty financing their operations. Despite Javice's alleged deception in creating a fake customer database to hoodwink officials vetting the acquisition deal, JPMorgan Chase CEO Jamie Dimon said the bank committed missteps during the acquisition. Silicon Valley Bank's recent troubles have been a wake-up call for all other banks lending to tech firms, experts said.
Democratic Senator Dianne Feinstein to Take a Leave of Absence
Democratic senator Dianne Feinstein has requested a continuance of her absence from the Senate due to health issues. Her age and cognitive health have often been called into question. Anxiety is growing within her party that her lengthy absence could damage Democratic efforts to confirm President Biden's nominees, and calls for her resignation have been made by two Democratic House members. Three Democratic representatives including Barbara Lee have launched bids to succeed Feinstein, who was the first woman to head the Senate Intelligence Committee and the first woman to serve as the Judiciary Committee’s top Democrat.
Trial starting for accused in synagogue massacre
Jury selection is due to begin in the trial of the man accused of the deadliest anti-Semitic attack in US history. Robert Bowers is charged with murdering 11 people in a Pittsburgh synagogue in 2018. He had offered to plead guilty but only on the condition that he avoid the death penalty. The US Justice Department rejected the deal, insisting that it should be up to a jury to decide whether to impose the death penalty if Bowers is found guilty. The case has already spanned two US presidencies.
The elusive leader of the Taliban has released an audio message calling for justice and opposing oppression
Hibatullah Akhundzada, the leader of the Taliban, has released an audio message calling for justice and opposing oppression in the absence of both scenarios in the country, although the authenticity of the voice on the recording has not been independently verified. Pakistan-based journalist, Ahmed Rashid, believes the clip lacks context and does not address the critical issues facing the Taliban, including women's rights and the humanitarian crisis.