A worker sorts products during Cyber Monday at the Amazon’s fulfillment center in Robbinsville, New Jersey, U.S., November 27, 2023.
Mike Segar | Reuters
U.S. economic growth slowed a bit more than expected in the final three months of 2024, the Commerce Department reported Thursday.
Gross domestic product, a measure of all the goods and services produced across the sprawling U.S. economy during the period, showed that the economy accelerated at a 2.3% annualized pace in the fourth quarter. Economists surveyed by Dow Jones had been expecting an increase of 2.5% after growth of 3.1% in the third quarter.
The report closes out 2024 on a somewhat downbeat note, though growth held reasonably solid. For the full year, GDP accelerated 2.8%, compared to 2.9% in 2023. Thursday’s release was the first of three estimates the department’s Bureau of Economic Analysis will provide.
Growth held up largely on the backs of consumers who continued to spend briskly despite the ongoing burden of high prices on everything from homes to cars to eggs at the supermarket. While inflation is well off the boil from its mid-2022 40-year high, it remains a burden for households, particularly those on the lower end of the income scale.
Consumer spending rose at a robust 4.2% pace and, as usual, amounted to about two-thirds of all activity. Government spending also provided a boost, accelerating at a 3.2% level.
Trade was a drag on growth in the period, with imports, which subtract from the GDP calculation, off 0.8%. Exports also declined 0.8%. Gross private domestic investment slumped by 5.6%, shaving more than a full percentage point off the topline number.
The resilience of the U.S. economy and the relative deceleration in inflation has allowed the Federal Reserve to assume a patient stance on monetary policy. Though the Fed cut its key interest rate by a full percentage point in the last four months of 2024, officials have indicated that aggressive reductions are unlikely this year.
At the recently concluded Fed meeting, central bankers gave no indication that they are expecting cuts anytime soon, with Chair Jerome Powell insisting that he is in no hurry to ease.
Fed officials have been expressing some concern about whether the moves lower in inflation have stalled. Thursday’s report showed that the so-called chain-weighted price index, which measures prices and accounts for consumers substituting less expensive products for more costly items, increased 2.2% on the quarter, faster than the 1.9% move in Q3 but slightly below the 2.3% estimate.
This is breaking news. Please refresh for updates.
The latest economic data is in, and it appears that the Gross Domestic Product (GDP) grew at a 2.3% pace in the fourth quarter of last year. While this is certainly positive news, it falls short of the expected growth rate.
Economists had predicted a higher growth rate for the fourth quarter, so this news may come as a bit of a disappointment to some. However, it’s important to keep in mind that the economy is a complex and ever-changing system, and not every prediction will be spot on.
Despite falling short of expectations, a 2.3% growth rate is still a sign of a healthy economy. It indicates that businesses are expanding, consumers are spending, and overall economic activity is on the rise.
As we move forward into the new year, it will be interesting to see how the economy continues to perform. Will we see a rebound in growth rates, or will there be further challenges ahead? Only time will tell.
The Boy Who Grew Dragons – Hardcover By Shepherd, Andy – GOOD
Price : 4.77
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In her latest book, Ann Rule explores the tragic downfall of a once-promising young man who never lived up to his potential. “The End Of The Dream: The Golden Boy Who Never Grew Up” delves into the life of a charismatic and talented individual who seemed destined for greatness, only to spiral into a world of addiction and despair.
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When Anna Cathcart booked the first “To All the Boys I’ve Loved Before” movie in July 2017 as a teenager, she never imagine she’d still be playing the character seven years later at 21 years old.
But as evident by the return of “XO, Kitty” Season 2 this week, that’s exactly what happened for both the actress and the show’s titular lead, Kitty Song Covey. Ahead of the Netflix spinoff series’ season premiere on Thursday, Cathcart and showrunner Jessica O’Toole opened up to TheWrap about returning to South Korea and finally getting to film their teen romantic dramedy without COVID protocols as they did in Season 1.
“It’s just surreal to me that I get to continue this character’s story in a way that I never would have expected when I first started working on the movies. I mean, the movie originally was just one, it wasn’t even three movies,” Cathcart told TheWrap. “So to be on this journey now, almost eight years later in the same character but in a brand new way is something I don’t think I’ll ever be able to comprehend.”
“My feeling about Season 2 is that I wanted to kick everything up a notch, and I think the actors rose to that occasion,” O’Toole added. “We happen to do some big stuff, it’s a big season and, largely because we didn’t have to worry about COVID, we could do a lot more and see more of Korea, see more of Seoul, and just expand Kitty’s world, too.”
“XO, Kitty” Season 1 premiered in May 2023 with a young cast that saw Kitty continue her match-making hijinks amongst her new Korean Independent School of Seoul (KISS) classmates. And while Cathcart was already an established actor at that point, that wasn’t the case for all of her co-stars.
“Everyone matured. Some of our actors were pretty brand new to the business [in Season 1]. Everyone just felt a little more grown up,” O’Toole explained. “And it’s funny, because the first season we were shooting during COVID, so it was a very different experience — you’re wearing masks, you’re all corralled, you’re not together outside of work. So this just felt like getting to know them a lot better, feeling really proud and seeing how far a lot of them had come.”
Sang Heon Lee as Min Ho Moon and Anna Cathcart as Kitty Song Covey in “XO, Kitty” (Credit: Netflix)
“Truly, we got a chance to really explore Seoul the way it should be explored — getting to go do things without the fear that we weren’t allowed to or trying to stay as safe as possible during Season 1,” Cathcart agreed. “This season, just having that whole hurdle lifted from the entire experience made a big difference. We explored nightlife a lot more, which was so fun. Seoul was such an amazing, bustling city that truly never sleeps. It was blowing our minds that things close at like 8 a.m. And then during shooting as well, having that stress removed, it showed us how much of an impact it really had on Season 1 and was just a much smoother experience in so many ways.”
“This time getting to come back for a second season, it was almost like we get a chance to really grab the wheel this time and have the sense of confidence that we know how to do this,” she continued. “And we’re two years older. We’ve had so many life experiences since the first season and that was an amazing opportunity to kind of rebrand what this can look like for me in my own, personal way.”
While the first three movies in the film franchise based on Jenny Han’s hit book series — 2018’s “To All the Boys I’ve Loved Before,” 2020’s “To All the Boys: P.S. I Still Love You” and 2021’s “To All the Boys: Always and Forever” — were grounded by Lana Condor and Noah Centineo, Cathcart’s younger sister Kitty proved to be a worthy lead to both fans and Netflix.
“Sometimes you could see how there’s those supporting characters who get a spinoff and it’s like, you realize they’re better in small doses or whatever. But I think with Kitty that’s just not the case at all and, in large part, that’s because of [Anna] as an actress,” O’Toole gushed.
So what exactly is that special sauce that makes the spinoff such a fun watch for viewers, regardless of their age demographic?
“Something that’s special about ‘XO, Kitty’ is a lot of people can find something they relate to in it, no matter what stage of life you’re in. I think the overall theme of our show is pretty much that growing up is messy, love is messy, figuring out who you are can be messy, and that’s what makes it all beautiful,” Cathcart said. “No matter who you are, you can relate to that in some sense for sure, because I don’t think anyone has escaped the messiness of growing up and the messiness of just being human and feeling big feelings.”
“I think that’s something that’s really cool to see on screen, especially in a show that has so much diversity and has a lot of different forms of representation in ethnicity, but also in sexuality,” she continued. “All of the diversity that shows up attracts a lot of new viewers as well who maybe haven’t seen the movies, but just love these characters and love their stories for who they are. Season 2 explores that even deeper, so I’m very excited to gain, hopefully, an even wider audience and bring back all of those fans.”
Han Bi Ryu as Eunice Kang, Minyeong Choi as Dae Heon Kim, Anna Cathcart as Kitty Song Covey in “XO, Kitty.” (Credit: Park Young-Sol/Netflix)
“The show stands on its own for sure, but having that world to draw on only adds flavor, excitement, opportunities to get to see some of those people. There’s a sense of world-building that just comes along with having [the trilogy]. Kitty was, for me, when I watched the movies, my favorite character; for a lot of people, so it enriches the experience to have watched,” O’Toole added. “But at the same time, even if you didn’t know a single thing about the movies, you’d be getting a satisfying experience. Because we’ve got Kitty, but then we’ve got all these other characters that come from totally different worlds, who now feel lived in and feel like they’ve got their own depth and everything.”
“XO, Kitty” is just one of Netflix’s flagship series that is both set in and filmed around South Korea — alongside fellow hits “Squid Game,” “All of Us Are Dead,” “Physical: 100” and “The Devil’s Plan,” to name a few. In fact, “Kitty” even shared some soundstages with “Squid Game” Season 2, leading to the young cast getting invited to the premiere red carpet.
“It’s so cool just to see that so much Asian media is getting so much attention and is becoming so popular,” Cathcart shared. “Getting to go to the premiere with the cast as well was so fun because we’ve had pretty limited experiences or shared opportunities like that, especially in the U.S. because so many of our castmates are from all over and are so international. So that was really, really special. It was so cool to show up as a group and to celebrate another piece of amazing media.”
The series also stars Minyeong Choi, Gia Kim, Sang Heon Lee, Anthony Keyvan, Regan Aliyah, Audrey Huynh, Peter Thurnwald, Sasha Bhasin, Joshua Lee, Jocelyn Shelfo, Michael K. Lee and Philippe Lee … and you might see a familiar face or two from the original film trilogy pop up this time around.
“XO, Kitty” returns for Season 2 this Thursday on Netflix. Season 1 and all three “To All the Boys” movies are currently streaming.
Exciting News: How XO, Kitty Grew Up for Season 2 on Netflix!
Fans of the hit coming-of-age series XO, Kitty have been eagerly awaiting news about a second season, and we’re thrilled to announce that it’s officially happening! The show, which follows the journey of a young woman named Kitty as she navigates the ups and downs of adolescence, will be returning to Netflix for another installment.
In season 2, viewers can expect to see Kitty facing new challenges and experiencing even more growth as she continues to navigate the complexities of teenage life. From first loves and heartbreaks to friendship drama and self-discovery, XO, Kitty promises to deliver the heartfelt and relatable storytelling that fans have come to love.
Stay tuned for more updates on the release date and cast announcements for season 2 of XO, Kitty. In the meantime, catch up on all the drama and excitement of season 1, now streaming on Netflix. Get ready to see how XO, Kitty grew up in the highly anticipated second season! #XOKittySeason2 #NetflixAndChill
A Holmdel, NJ man with Long Island roots was identified as one of the victims killed in the New Orleans terror attack, according to a New Orleans publication that spoke to his family.
They say that 25-year-old Billy DiMaio was a Holmdel High School graduate, and that he graduated from Chestnut Hill College in Philadelphia.
“He was a good, humble kid,” Bill DiMaio said. “He loved life.” Billy DiMaio grew up on Long Island before the family moved to New Jersey.
He graduated in 2022 from Chestnut Hill College in Philadelphia, where he was on the lacrosse team and earned a master’s degree.
“He was a pure, gentle-hearted soul,” his mother said. “He will be truly missed.”
He had worked for Audacy since 2023.
Audacy released the following statement regarding DiMaio:
“We are heartbroken to learn of the passing of Billy DiMaio, a New York-based Account Executive, in the terrorist attack in New Orleans. Beyond his professional achievements, Billy will be fondly remembered for his unwavering work ethic, positive attitude, and kindness. He was a true asset to the Audacy team, and his contributions and presence will be deeply missed. Our thoughts are with Billy’s family and friends during this exceedingly difficult time, and we extend our deepest sympathies to them and every member of the Audacy family who had the privilege of working with him.”
A tragic loss: 25-year-old man who grew up on Long Island killed in New Orleans attack
The vibrant city of New Orleans was shaken by a senseless act of violence that claimed the life of a young man who had his whole life ahead of him. The victim, a 25-year-old who grew up on Long Island, was visiting the city for a much-needed vacation when tragedy struck.
According to reports, the young man was walking back to his hotel after a night out with friends when he was confronted by a group of individuals who attempted to rob him. In the ensuing altercation, he was fatally shot, leaving his loved ones devastated and heartbroken.
Friends and family describe the victim as a kind and generous soul, always willing to lend a helping hand to those in need. His untimely death has left a void in their lives that can never be filled.
As the authorities work tirelessly to bring the perpetrators to justice, the community mourns the loss of a promising young man who was taken from us far too soon. Our thoughts and prayers are with his family and loved ones during this difficult time.
May his memory be a blessing, and may we never forget the preciousness of life and the importance of cherishing every moment we have with those we hold dear.
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Product Description
1 480Mbps Data Sync 2 USB A TO Lightning Cable 3 USB A TO USB C Cable 4 USB C to Lightning Cable 5 USB C TO USB C Cable
Package Dimensions : 7.09 x 5.12 x 0.75 inches; 5.29 ounces Date First Available : November 12, 2024 Manufacturer : LISEN ASIN : B0DMT1YVQ8 Country of Origin : China
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Product Description
Carbon Dioxide Indication: 0 To 799ppm: Blinking green 800 To 1199ppm: Blinking yellow 1200 To 1599ppm: Blinking orange 1600 To 1999ppm: Blinking red Above 1999ppm: Four color flashes packing list:
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