America's economy is rebounding. But it is still in a deep hole
CNN
America is emerging from the worst of the pandemic, and that will mean some eye-popping figures when the government releases economic growth data Thursday. But the big jump — fueled by resurgent consumer spending after a year in lockdown — will still be starting from a deep hole.
Economists predict that the US economy grew at an annualized rate of 6.1% in the first three months of the year — faster the than the 4.3% recorded at the end of 2020, but far slower than the enormous 33.4% jump in the second quarter of 2020 when the economy started to reopen. An "annualized" rate is not the same as measuring one quarter to the next; annualizing assumes a quarterly rate would continue for a full year. Economists typically use the annualized rate for US GDP because it makes it easier to compare numbers over different periods of time.
A man accused of attacking a Colorado reporter after questioning whether he was a citizen and saying “This is Trump’s America now” has had mental health issues for years, his lawyer said.
Chile’s President Gabriel Boric travelled to Antarctica’s South Pole on Friday, a place where no other Latin American president has set foot, according to the Chilean government.
President-elect Donald Trump is preparing to dust off a series of centuries-old laws and legal theories to drive his first-year agenda – particularly on the border and birthright citizenship – hoping history will be on his side when the inevitable legal challenges make their way to the Supreme Court.
Jason De León spent seven years shadowing smugglers who guide migrants through Mexico to the US. Their work, he argues, is dangerous and far more complicated than typical media portrayals suggest.
Early in his presidency, in May 1977, then-President Jimmy Carter gave a commencement speech at the University of Notre Dame that outlined a new approach to America’s role in the world: Carter said human rights should be a “fundamental tenet of our foreign policy.”
The man who exploded a Tesla Cybertruck outside Trump International Hotel in Las Vegas wrote of “political grievances, issues about conflicts elsewhere” as well as “domestic issues” in the days leading up to his suicide, officials said Friday.
The State Department has informally notified Congress that it intends to sell $8 billion in arms to Israel, a US official and another source familiar with the matter told CNN.
A group of security forces from Guatemala and El Salvador arrived in Haiti on Friday to reinforce a multinational police force tasked with tackling the country’s rampant gang violence, the Haitian National police announced.
With two Republican lawmakers standing between Mike Johnson and the speaker’s gavel, President-elect Donald Trump picked up the phone.
Despite the symbolism that might be associated with exploding a Tesla Cybertruck outside the Trump International Hotel in Las Vegas, law enforcement officials said Thursday they were still trying to piece together why a five-time Bronze Star recipient and new father would orchestrate the New Year’s Day blast.
A New York judge on Friday upheld Donald Trump’s conviction in the hush money case, rejecting the president-elect’s effort to throw out the jury’s verdict because of his reelection in November and set his sentencing for January 10.