The National Oceanic and Atmospheric Administration has released its 2023 Spring outlook and the ongoing trend of unseasonable weather could be continuing.
One of the major takeaways from the report is that drought conditions in the Western U.S. are set to improve. The region that has been inundated with wet weather for much of the winter will see some reprieve when it comes to drought.
"Climate change is driving both wet and dry extremes, as illustrated by NOAA's observations and data that inform this seasonal outlook," said Rick Spinrad, Ph.D, NOAA administrator. "Under the Bipartisan Infrastructure Law and Inflation Reduction Act, and in support of the Biden Administration's priority to tackle the climate crisis, NOAA will invest significant resources to build a Climate-Ready Nation that gives communities tailored information about changing conditions so that residents and economies are protected."
In California, drought status is expected to improve even more as snowpacks that built up over the winter eventually melt. The conditions in the central Plains and in Florida are also expected to improve with Spring rainfalls.
Meanwhile, when it comes to heat and high temperatures, a swath of Southern and East Coast states will be above average. Alaska and Hawaii are also predicted to see above average temperatures between April and June.
NOAA said flooding could also significantly impact most states east of the Mississippi River.
"Approximately 44 percent of the U.S. is at risk for flooding this spring," said Ed Clark, the director of NOAA's National Water Center. "California's snowpack, coupled with spring rain, is heightening the potential for spring floods."
The inventor of the nasal spray that can reverse an opioid overdose believes the $570 million judgment against Johnson & Johnson shows that states are taking the crisis "seriously."
On the back of a groundbreaking partnership with data heavyweights Deloitte and Nielsen, cannabis industry intelligence company Headset on Monday announced the launch of its real time analytics tool in the province of Alberta, marking its official debut in the Canadian market. Stakeholders anticipate the data Headset Insights generates ー first in Alberta, and eventually across all of Canada ー will serve as a road map for companies outside of cannabis looking to penetrate the industry, and for Canadian cannabis companies as the market grows more diverse and competitive.
An Oklahoma judge ruled that Johnson & Johnson pay over $570 million in damages — a far cry from the $17 billion requested — for causing the opioid crisis in the Sooner state.
The U.S. president reiterated his position that Russia should be invited back into the coalition of the world's largest economies despite the lingering issue of Russia's occupation of Ukrainian territory.
Speaking from the G7 summit in Biarritz, France, Trump said that Chinese negotiators had called U.S. officials and requested a new round of talks.
Gravy Analytics, a location-based marketing technology company, analyzed the smartphone data of people who attended the 111 solo Democratic presidential candidate events held in June and July.
The trade war between the U.S. and China escalated throughout the day Friday, culminating with President Trump announcing that the U.S. will significantly hike tariffs on nearly all Chinese imports. The decision came in response to China proclaiming earlier in the day that it would hit $75 billion worth of U.S. goods with new retaliatory tariffs.
From Wall Street to Silicon Valley, these are the top stories that moved markets and had investors, business leaders, and entrepreneurs talking this week on Cheddar.
Federal Reserve chairman Jerome Powell on Friday said the U.S. central bank was prepared to take action in the event of a global economic downturn. Powell, however, was tightlipped on whether the Fed would initiate another quarter-point interest rate cut as many investors had hoped.
Read Federal Reserve Chair Jerome Powell's prepared remarks from his speech Friday at the Economic Symposium held in Jackson Hole, Wyo.
