Colorado signs four gun control bills after shootings
Governor Polis signed four gun control bills to curb violence and mass shootings. The measures raise the purchase age to 21, impose a three day waiting period, strengthen red flag powers, and limit legal protections for gun manufacturers. Opponents vow lawsuits challenging the age and waiting period.
MENTIONED IN THIS ARTICLE
Denver
Colorado
U.S. Supreme Court
Jared Polis
Colorado Springs
Polis
Moms
Aurora Theater
Columbine High
Mike Lynch
Senate
Steve Fenberg
Fenberg
California
Florida
Hawaii
Centers For Disease Control and Prevention
Rand Corporation
Delaware
New York
Rhode Island
CDC
Phil Weiser
Mothers Against
Moms Demand Action
Sandy
Lonnie Phillips
Jessica Ghawi
New Jersey
Capitol
Abortion bans fail in Nebraska and South Carolina
In two GOP dominated states Nebraska and South Carolina lawmakers defected to derail near total abortion bans. South Carolina five female senators led a filibuster and Nebraska one male Republican abstained, signaling ongoing GOP friction after the Roe v Wade overturn.
MENTIONED IN THIS ARTICLE
Nebraska
South Carolina
GOP
Sandy Senn
Shane Massey
Merv Riepe
Riepe
Supreme Court
Airlines face rising cancellations as GAO finds carrier-caused issues rise
A GAO report shows post pandemic flight cancellations grew mainly from airline decisions including maintenance stoppages and crew shortages. Surge events late 2021 and early 2022 hit budget carriers hardest while major airlines also erred more. Weather and air traffic control outages remain factors.
MENTIONED IN THIS ARTICLE
Congressional
Government Accountability Office
GAO
Transportation
Pete Buttigieg
Buttigieg
House Transportation Committee
FlightAware
Airlines For America
Federal Aviation Administration
Signals of recession emerge from job losses and yield curve twists
The clearest sign would be rising unemployment and higher jobless claims as firms like Meta, 3M, and Lyft announce layoffs. Yet March added 236,000 jobs and unemployment fell to 3.5. Inverted yields between 2, 10, and 3 month Treasuries suggest recession risk, though NBER dates recessions after onset.
MENTIONED IN THIS ARTICLE
Claudia Sahm
Fed
Facebook
Meta
Lyft
Does high inflation trigger a recession often or not
Inflation at 4.7 percent in 2006 did not trigger a downturn while the 9.1 percent peak in June last year increases recession risk. Higher Federal Reserve rates raise borrowing costs, suppress demand for homes and cars, reduce real spending, and prompt firms to tighten hiring plans, potentially lifting unemployment.
MENTIONED IN THIS ARTICLE
Fed
Fed Reports Signals Sharper Rules Urging Bank Oversight
Former bank examiner Alexa Philo urges the Fed to tighten rules without Congress to curb deregulation after Silicon Valley Bank collapse. The Bank Policy Institute counters that failures by regulators, not deregulation, caused the crisis, while the Fed reveals internal views on SVB management and risk controls.
MENTIONED IN THIS ARTICLE
Alexa Philo
Federal Reserve Bank of New York
Americans For Financial Reform
Fed
Congress
Bank Policy Institute
Silicon Valley
BPI
Bartlett Collins Naylor
Congress Watch
Public Citizen
Also Mentioned on This Page
Jesse Bedayn
Associated Press Report For
America
Red States
National Bureau of Economic Research
NBER
the Gazette
Nomi i
Federal Reserve
Naylor
Silicon Valley Bank
SVB Financial
Jpmorgan Chase
First Republic Bank
San Francisco
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