The Federal Reserve is concerned about a possible recession as the 10-year Treasury yield fell below the 3-month note, creating an “inverted yield curve,” known for predicting downturns. This indicator has been reliable over the years, with the New York Fed providing updates on the relationship and recession probabilities. The recent shift in the yield curve suggests a higher likelihood of a recession, as it anticipates future Fed rate cuts in response to an economic slowdown.
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Mom charged with murder for allegedly drowning 7-year-old daughter: DA
Graciela Castellanos, a 37-year-old mother from Van Nuys, California, has been charged with murder for allegedly drowning her 7-year-old daughter on April 11, 2025. According to prosecutors, the child was heard screaming for her mother before first responders pronounced her dead at the scene. Castellanos has pleaded not guilty to the charges and is scheduled to return to court on June 17, with the Los Angeles County District Attorney describing the incident as "profoundly tragic...
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