

Germany’s GDP declined by 0.3% from January to March after a drop of 0.5% during the final quarter of 2022. Its economy shrank unexpectedly in the first three months of this year, marking a second quarter of contraction that is one definition of recession, data released Thursday shows. economy remains durable for now, Europe’s largest economy, Germany, has fallen into a downturn. And job openings, though declining, are still well above pre-pandemic levels. The pace of layoffs remains comparatively low. In April, employers added 253,000 jobs, and the unemployment rate matched a 54-year low. Most significantly, the nation’s job market remains fundamentally solid. credit and likely trigger a recession deeper and sooner than the one that is already expected.įor now, though, most sectors of the economy other than housing are showing surprising resilience. Economists say a protracted debt default would cause downgrades of U.S. That would leave the Treasury unable for the first time to pay all its bills on time. There is also the looming risk that House Republicans will refuse to raise the statutory limit on what the government can borrow, if President Joe Biden and the Democrats don’t agree to sharp spending cuts. In addition to higher borrowing rates, the economy’s other obstacles include a cutback in lending as banks conserve cash after three big bank failures in recent months. Dietiker, 21, 2309 State, peace disturbance and improper passing at 2115 Aldo Blvd. The economy’s slowdown is widely expected to lead to a recession later this year. Still, consumer prices were still up 4.9% in April from a year earlier - well above the Fed’s 2% target. In April, sales of existing homes were 23% below their level a year earlier.Īs the Fed’s rate hikes have gradually slowed growth, inflation has eased from the four-decade high it reached last year. Newsweek has contacted the Quincy Police Department via email for comment.With mortgage rates having doubled over the past year, the real estate market has already taken a beating: Investment in housing fell at a 0.2% annual rate from January through March. Our thoughts and prayers remain with you." "All we can do is use our tools, talents, and every available resource to bring you justice. Bliefnick's family, nothing we do as a police department will ever bring Rebecca back to you and her three boys. We must look out for one another and work together to make Quincy as safe as possible. Make sure you lock your doors, turn on exterior lights, be aware of your surroundings, and report suspicious activity to the police. "That said, it is a good reminder to not become complacent. I hope today's announcement can begin to calm some of those concerns. "This brutal crime has had the Quincy community on edge and our residents living in fear. The police commended the public and law enforcement agencies for their help in the case and asked the community to remain vigilant.

A silly answer to a silly question on a silly show doesn't make one a murderer." She said that the Family Feud remark was a harmless quip and was not relevant to the couple's decision to separate. Timothy Bliefnick's attorney Casey Schnack told Fox News that his client is innocent. "I want to remind everyone that in our criminal justice system, individuals are presumed to be innocent until proven guilty."

Bliefnick was transported to the Adams County Jail where he is currently lodged. Bliefnick was located at a residence in the 2500 block of Kentucky Road and was taken into custody without incident. Bliefnick of Quincy, for a no-bond warrant for two counts of first-degree murder and home invasion for the murder of Rebecca Bliefnick. On his arrest, the police said: "At 8:24, detectives and members of the department's Emergency Response Team arrested 39-year-old Timothy W. I'm gonna get in trouble for that, aren't I?" He continued to joke: "Not my mistake, not my mistake-I love my wife. Timothy Bliefnick replied: "Honey, I love you, but, 'said I do.'" The response received gasps and laughter from the room. The host Steve Harvey asked him, "What's your biggest mistake you made at your wedding?" Timothy Bliefnick appeared on the game show with his parents and siblings, videos show. The former Family Feud contestant has been arrested in connection with the shooting of his estranged wife Rebecca Bliefnick, authorities said. Image of Timothy Bliefnick, provided by the Quincy Police Department.
