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So far, the U.S. economy has avoided a typical recession, but some economists say we re now in what they call a rolling recession. In a rolling recession, you know you could be doing well, but your neighbor could be suffering, and next time next month, your neighbor could be doing well, and you could be suffering, said Sung Won Sohn, a professor of economics at Loyola Marymount University.In a regular recession, every part of the economy generally goes down together at once.But in a rolling recession, different parts of the economy take turns. If everything falls apart together, that is very painful and,
stanley quencher in fact, the rolling recession could reinforce other segments of the economy, said Sohn. Let s say housing is going down, but consumer spending is doing well, and as a result, the economy as a whole actually fare better than you would i
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stanley cup l recession. He says this rolling recession started with housing going down. Now we re seeing consumer spending being negatively impacted after adjusting for inflation.He says business spending is next.He believes pretty much everyone will experience some kind of downturn by the end of the year. But he says there are a few industries Lofo Former US Senator, GOP presidential nominee Bob Dole dies at 98
LEXINGTON, Ky. 鈥?Six University of Kentucky football players pleaded not guilty Friday to first-degree burglary charges stemming from a March incident at a private residence.Attorneys for Reuben Adams, Jutahn McClain, Andru Phillips, Earnest Sanders IV, Vito Tisdale, and Joel Williams all entered not guilty pleas on behalf of their clients.Each of the six players is charged with burglary. Tisdale faces a charge of first-degree wanton endangerment for allegedly pulling a handgun during the altercation and pointed it at a person who lived in the home.According to a criminal complaint filed in Fayette District Court, the crime happened on March 7, 2021, at a residence on Forest Park Drive in Lexington.The Associated Press reported that three individuals entered the private party uninvited and were asked to leave.Upset, the g
stanley cup roup threatened to come back, and a short time later, the group came back with more people.On Friday, Fayette County District Judge Joseph Bouvier ordered the players to stay away from the alleged victims and the residence where the incident took place.Staff at WLEX first reported this story.
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