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Following economic shutdowns to slow the spread of the coronavirus, and with the US still dealing with the spread forthe pandemic, experts from the UCLA foresee a US economic depression into 2023.The researchers say that unemployment levels of 10% could persist into the fall, and 6% unemployment could remain through the end of 2022.US unemployment was below 4% earlier this year."To call this crisis a recession is a misnomer. We are forecasting a 42% annual rate of decline in real GDP for the current quarter, followed by a 'Nike swoosh' recovery that won't return the level of output to the prior fourth quarter of 2019 peak until early 2023," writes UCLA Anderson Forecast senior economist David Shulman in an essay titled "The Post-COVID Economy."The researchers note that the economy has already hit rock bottom. But GDP and employment levels won’t see a quick recovery.But Shulman said that the entire economic meltdown cannot be blamed on the coronavirus. Shulman and UCLA researchers say the pandemic has accelerated economic trends that were already moving toward increased digitization of business functions and online commerce. 1149
FORT MYERS, Fla. - The headmaster of Evangelical Christian School sent an email saying a teacher was fired after admitting sexual misconduct with a student. The email said a female upper school teacher has had her position terminated, effective immediately. Deputies arrested 35-year-old Suzanne Owens, charging her with custodial sexual battery, the Lee County Sheriff's Office said. An investigation revealed she had one sexual encounter off campus with a male student.They communicated via text messages for several weeks before the incident, deputies said. Scripps station WFTX in Fort Myers reached out to the school, but have not heard back yet.The full text of the headmaster's message is below: 736
For the first time in 78 years, the Rose Bowl will not be played in Pasadena, California.Over the weekend, it was announced that the College Football Playoff semifinal game between No. 1 Alabama and No. 4 Notre Dame would be relocated from the Rose Bowl to AT&T Stadium in Arlington, Texas, due to California's ban on fans being allowed at live sporting events during the coronavirus pandemic.CFP Executive Director Bill Hancock made the announcement Saturday in a press release after the Tournament of Roses.Hancock said the committee mutually agreed to relocate the game to the Dallas Cowboys home stadium amid rising cases of COVID-19 in Southern California."We know that the decision was not an easy one to make," said David Eads, Tournament of Roses CEO and Executive Director. "While we remain confident that a game could have been played at the Rose Bowl Stadium, as evident in the other collegiate and professional games taking place in the region, the projection of COVID-19 cases in the region has continued on an upward trend."According to the press release, the State of California would not make a notable exception for player guests at the game, requesting in November and December that the state create a "special exception" to allow players' parents to attend the game. Both requests were denied.According to the Associated Press, this will be the first time in 78-straight years that the Rose Bowl will not be played in Pasadena.According to the press release, it hasn't been determined if the semifinal game will be called the Rose Bowl because the City of Pasadena owns the game's rights. 1619
Former President Barack Obama made a thinly veiled jab at President Donald Trump on Friday evening, saying it was wrong to use a position of power for attacking others as "enemies of the people and then suddenly pretending that you're concerned about civility.""I would like to think that everybody in America would think it's wrong to spend all your time from a position of power vilifying people, questioning their patriotism, calling them enemies of the people and then suddenly pretending that you're concerned about civility," he told a cheering crowd.Trump has repeatedly called the media "fake news" and "the enemy of the people." Following the discovery of multiple packages sent to people whom the President has spoken against as political enemies, as well as a suspicious package in CNN's New York bureau at the Time Warner Center on Wednesday, Trump tweeted Thursday that "a very big part of the Anger we see today in our society is caused by the purposely false and inaccurate reporting of the Mainstream Media that I refer to as Fake News." 1061
Former MLB players Luis Valbuena and Jose Castillo have been killed in a car crash in Venezuela, according to multiple media reports. The two were teammates on a winter ball team in Venezuela at the time of the crash on Thursday. Castillo was 37 at the time of his death and finished his career with the Houston Astros. Valbuena, 33, most recently played for the Los Angeles Angels and was a sought after free agent in this MLB offseason.Details on what led up to the crash have not yet been released. 547