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    SAULIEU, France (AP) — French lawmakers on Wednesday are expected to approve a 20 billion-euro ($20.3-billion) package of measures meant to help struggling households cope with rising energy and food prices. The vote comes after a heated debate at the National Assembly, where President Emmanuel Macron no longer has a majority. The bill was a key promise from Macron, who was reelected for a second term in April. It was also a crucial test of the government’s ability to govern — and opposition forces’ ability to weigh on the law-making process. Macron’s centrist alliance won the most seats at the National Assembly in elections in June but lost its absolute majority as a leftist coalition and the far right both made big gains, becoming strong opposition forces. The government offered to make compromises on a case-by-case basis with other political forces to avoid legislative deadlock. The so-called “emergency bill on purchasing power” is expected to be definitively approved Wednesday after the National Assembly and the Senate found an agreement on the text earlier this week. ...
    Before starting LMN, Ms. Valencia had a distinguished political career as an adviser and aide to former President Obama and a press secretary for several Democratic leaders in the Senate and House. Jess Morales Rocketto worked as the political director for the National Domestic Workers Alliance and is an alumna of Hillary for America and Obama for America. Two of the 18 radio stations are in Miami, including the Cuban conservative station WAQI, as known as Radio Mambí. The other 16 stations are located in prominent Latino markets, including New York, Houston, Chicago, Las Vegas, Los Angeles, Fresno, Dallas, San Antonio, and McAllen. While LMN intended to keep the current talent and radio hosts, several have since announced their immediate resignation from Radio Mambí. Hosts Nelson Rubio, Lourdes Ubieta, and Dania Alexandrino publicly announced their departure and move to the conservative station Americano Media. Nelson Rubio stated during a press conference, "I was not going to lend myself to receive any money from Soros or anyone."
    The Postal Service announced it intends to increase the percentage of electric vehicles purchased to revamp an aging fleet after criticism over the previously announced number of EVs. The USPS says it intends to make at least 50% of the 50,000 orders in its first batch of next-generation vehicles run on electricity, an increase from the previously announced 20%. The Postal Service also said the next-generation vehicles should be hitting the road starting next year. UPS PUSHES FOR CHANGES TO POSTAL SERVICE REFORM BILL In addition to the increase in EVs, the Postal Service said it would also order 34,500 "commercial off-the-shelf" vehicles to supplement the next-generation vehicles. The agency said the 84,500 combined vehicles would be at least 40% electric-powered. Congressman Jared Huffman (D-CA), a member of the House Oversight and Reform Committee, praised the move in a tweet Wednesday, but also said it was "still not enough." After months of pressure from myself and @OversightDems, @USPS has quadrupled their original EV order. It’s a step in the right direction—but still not enough. We...
    PARIS (AP) — The French government unveiled Thursday a 20 billion-euro ($20.3-billion) package of measures meant to help struggling households cope with the consequences of the war in Ukraine, including rising energy and food prices. The proposed legislation was presented at a Cabinet meeting Thursday, a day after French Prime Minister Elisabeth Borne detailed the government’s economic strategy in parliament. The measures will be debated at parliament later this month and are seen as a crucial test for the government’s ability to govern. President Emmanuel Macron’s centrist alliance won the most seats at the National Assembly in elections last month, but lost its straight majority — while a leftist coalition and the far-right made big gains, becoming strong opposition forces. The government offered to make compromises on a case-by-case basis with other political forces to avoid legislative deadlock. The government’s move comes as annual inflation reached a record 8.6% for the 19 countries using the euro, swollen by a huge increase in food and energy costs fueled partly by the war in Ukraine. In France, annual inflation is estimated to...
    State Representative Darisha Parker (D-Philadelphia) this week began asking fellow lawmakers to co-sponsor a bill to raise the minimum firearm purchase and possession age in Pennsylvania from 18 to 21.  The freshman representative cited data from the San Francisco-based Giffords Law Center to Prevent Gun Violence indicating that U.S. residents ages 18 to 20 account for 17 percent of confirmed murderers despite being only four percent of the population. She also noted that those ages 14 to 21 have the highest propensity toward suicide or attempted suicide among all Americans.  “Purchasing and possessing a lethal weapon is a serious responsibility that should not be taken lightly,” Parker wrote in a notice of her emerging legislation. “Currently in our country, we set minimum age requirements for driving, voting, and drinking alcohol because we know that young people have not fully developed the parts of their brain responsible for impulse control, judgement, and long-term planning. Further, younger people’s brains and hormonal changes can lead to a lack of self-control and aggressive impulses.”  Parker’s memo said her bill will contain an exception for...
    (CNN)The city council in Texas' capital approved a resolution to explore raising the age for purchasing AR-15-style rifles and other semi-automatic weapons from 18 to 21 during a meeting Thursday.The resolution directs Austin City Manager Spencer Cronk to "explore every option" to would allow the city to restrict the sale of such guns to people under the age of 21, despite a Texas statute prohibiting local governments from setting their own restrictive gun measures.Lawmakers passed the resolution with a 10-1 vote. Council member MacKenzie Kelly, who was opposed, raised questions about potential legal action from Texas Attorney General Ken Paxton, a Republican, and local businesses, because the higher gun purchasing age for semi-automatic weapons increase could violate state law.Local municipalities in Texas lack the authority to regulate the sale, ownership, transfer and registration of firearms and ammunition, according to Texas' local government code.The action comes during a national debate about gun laws following mass shootings at an elementary school in Uvalde, Texas and a New York supermarket. In those shootings, each teenage suspect allegedly used a legally purchased AR-15-style rifle.GOP...
    Speaker Nancy Pelosi has urged all Democratic lawmakers to be on the House floor Wednesday for a series of votes on eight gun reform bills. She's asked lawmakers to be there for the full period of debate, which is expected to last all afternoon, 'on behalf of the survivors of gun violence, and out of respect for those who lost their lives.'  The recent rash of mass shootings, including ones at Robb Elementary School in Uvalde, Texas, and at a grocery store in Buffalo, New York, have put pressure on lawmakers to pass some type of legislation. Those two shootings last month - just nine days apart – left 31 people dead. President Joe Biden also has encouraged Congress to act and referred to Tuesday night's primary results where voters, particularly in California, showed their frustration with rising crime rates. 'The voters sent a clear message last night. Both parties have to step up and do something about crime as well as gun violence,' Biden said before he headed to Los Angeles to host the Summit of the Americas. The package...
    NBC Sports’ Peter King used his Memorial Day Football Morning in America column to criticize U.S. gun laws and to call for a ban on the sales of AR-15 rifles. King opened his column by taking time to “mourn those lost in service to our country.” Then he segued to the people who have been killed by the criminal use of guns in recent weeks. He wrote, “I will also remember the 32 people murdered over the last 16 days in our country, in Buffalo at a supermarket, in a church in Laguna Woods, Calif., and in an elementary school in Uvalde, Texas.” King went on to ask about politicians in general, writing, “I wonder why the people who make and enforce laws in this country cannot be open-minded about a solution to this cancerous problem.” He then criticized Texas Gov. Greg Abbott (R) in particular; criticizing him for not responding with gun control to the Uvalde shooting. Texas Gov. Greg Abbott speaking at a business conference (Brandon Bell/Getty Images) Then King wrote: We are the United States of...
    ST. PAUL, Minn. (WCCO) – A Twin Cities man has pleaded guilty to federal charges for his role in straw purchasing guns, including the gun used in the mass shooting at a St. Paul bar last October. Gabriel Lee Young-Duncan, 27, participated in a conspiracy to illegally buy firearms between May 11, 2021 and Oct. 17, 2021, according to the U.S. Department of Justice. Young-Duncan’s co-conspirator would buy the guns, state on a federal form that they were the actual buyer, and transfer the gun to Young-Duncan, who would transfer it to another person, court documents said. The two would lie to Federal Firearms Licensees throughout the metro, the DOJ said. During the six months that the two collaborated, they illegally obtained 25 firearms, including four Glock 9mm semiautomatic pistols and two Mossberg 9mm semiautomatic pistols. One of the guns purchased was fired during the mass shooting on Oct. 10 at St. Paul’s Seventh Street Truck Park Bar, which left a woman dead and 14 people injured. Two men have been charged in that case. Young-Duncan pleaded guilty to one count...
    Elon Musk offered his thoughts on regulating the sale of semi-automatic rifles on Thursday, saying that he believes at the very least "a special permit" should be required for buyers. The SpaceX and Telsa CEO gave his opinion on Twitter after being asked for his thoughts on the "AR-15 discussion." His Thursday tweet comes after telling a news outlet on Wednesday that he supports "tight" background checks on people purchasing firearms in the aftermath of a school shooting at an elementary school in Texas that killed 19 children and two adults. "Assault rifles should at minimum require a special permit, where the recipient is extremely well vetted [in my opinion]," Musk said. MUSK SAYS HE SUPPORTS 'TIGHT' BACKGROUND CHECKS AFTER TEXAS SCHOOL SHOOTING Musk, 50, told a news outlet on Wednesday that while he "strongly" believes in the right to bear arms, he approves of gun control measures such as more stringent background checks and limiting the sale of certain firearms to gun range owners and people in “high-risk locations." On Tuesday, 18-year-old Salvador Ramos stormed Robb Elementary...
    SOME shoppers might look at self-checkout machines as an easy way to steal items they don’t feel like paying for. It turns out that stealing from Walmart self-checkout machines might be the biggest mistake you can make. 2Athenia Maria is a former Walmart employee warning people not to steal from self-checkout machinesCredit: TikTok/@obeygoddess A TikToker by the name of Athenia Maria, aka @ObeyGoddess posted a now-viral TikTok video about her experience as a former Walmart employee. The video has now amassed over 5 million views from curious people who want to know about Walmart's store secrets. In the video, Athenia talks about special devices Walmart employees use to keep track of what shoppers are purchasing at self-checkout machines. She explains how the special device allows Walmart workers to note how many items you’re purchasing, which machine you’re using, and even whether or not you’re purchasing an alcoholic beverage. Read More About WalmartBUYER BEWARE I'm a Walmart worker - my three chilling warnings for shoppers to be aware ofTHREAD UP I’m a savings expert - Walmart has an easy way to...
    Chris Ryan | Getty Images I bonds have surged in popularity as riskier assets slip. The bonds are backed by the federal government, the principal doesn't lose value and the bonds earn monthly interest through two parts, a fixed rate and a variable rate. Currently, the variable component will pay a record 9.62% annual rate through October, the U.S. Department of Treasury announced in May. This rate changes every six months. "If you're a person who is looking to get the highest yield possible right now without risk and you don't need this money for a least over one year, this is an investment that you should absolutely make your No. 1 priority on your list," said personal finance expert Suze Orman. Generally, the limit that a person can put into I bonds is $10,000 annually through Treasury Direct. But for those who want to sock away more than that, there are a few strategies available. More from Invest in You:Meet a human trafficking survivor who built a business with $400Four tips for managing an unexpected increase in moneyWant a...
    Former ESPN journalist Jason Whitlock is going after Disney and what he deems to be their attempt to ruin the sports company. On Monday’s episode of his podcast Fearless, Jason spoke at length about what he says is Disney’s agenda for ESPN. “For the last 20 years, and really starting with the purchase of ESPN in 1996. Disney has gone about the business of feminizing and wokefying sports,” Whitlock proclaimed. “This isn’t some overnight thing that just happened the last two or three years. This isn’t some Colin Kaepernick-coincidence that they took advantage of. This has been a plot and a strategy for nearly 30 years,” he continued. “When Disney got a hold of ESPN, the worldwide leader in sports, the goal was to Disney-fy ESPN and the sports world and to feminize ESPN and the sports world. And that’s what’s gone on the last 25, 26 years,” Whitlock said. “They do it through, their little key catchphrase, diversity, inclusion, and equity. They call it diversity, equity, and inclusion, I call it diversity, inclusion, and equity. ‘Cause it’s D –...
    HOUSEHOLDS who depend on the Supplemental Nutrition Assistance Program (SNAP) can add another place to shop on their list. Wegmans has been accepting SNAP benefits as payment for quite some time but for in-store purchases only - until now. 1Wegmans has become the latest supermarket to accept SNAP benefits online The large retailer will now allow its customers to pay using their benefits online. SNAP is a federal program providing benefits to eligible low-income individuals and families via a reloadable electronic benefits transfer (EBT) card. The program is governed by the states, so make sure you check the correct agency in order to apply and use your card. You may use your benefits for most fresh food products like meat, poultry, fish, fruits, vegetables and dairy products. Read More on SNAP STAMP IT OUT Food stamp claimants are unknowingly overpaid - and they have to pay it backMEAL TIME How parents can get FREE school meals for kids - and other support explained Just note that you may not use your EBT cards for alcoholic beverages, tobacco products,...
    European Union leaders want the bloc to use the reprieve of a warm summer to build up natural gas stores in preparation for winter and any additional volatility to energy markets triggered by the Russia-Ukraine war. The European Commission made public its proposals on Wednesday, a day before the European Council convenes its meeting in Brussels, where President Joe Biden and heads of state will talk over how to respond to the Russian invasion. The White House has already previewed a "joint action on enhancing European energy security" between the United States and Europe, which Biden will announce Thursday, and all parties have committed in principle to displacing Russian gas from Europe's economies. The commission's proposal would obligate EU states to reach a minimum of 80% of gas storage capacity by Nov. 1 of this year, and the level would rise to 90% in coming years. The commission would have sought 90% storage this year but recognizes that "the specific situation of the current year" makes things difficult and is allowing flexibility "to ensure smooth phasing-in...
    On West Virginia MetroNews’ “Talkline with Hoppy Kercheval” on Tuesday, Sen. Joe Manchin (D-WV) called for a ban on all products from Russia, including petroleum products, in order for the U.S. to lead by example in pressuring Russia, argued that this can be done without increasing gas prices if we boost domestic production, and stated, “Let’s get back to a productive energy environment, and we need it more now than ever.” Manchin said, [relevant remarks begin around 1:07:40] “I’m asking the president to invoke a ban on purchasing any products, petroleum products, any products from Russia. Petroleum products, we’ve been purchasing about 500,000 — and last year, I think it was about 670,000 barrels a day. And that’s just entirely unacceptable. Now when we’re asking the whole world to unite around and help Ukraine every way possible and put as much pressure as we can on Russia, it only makes sense that we lead by an example of showing that we’re shutting down all Russian products coming into the United States.” He added that the ban “should not” have an...
    Walgreens announced that it's limiting customers to purchases of four at-home COVID-19 test kits, due to an 'unprecedented increase in demand' in recent weeks. CVS is limiting purchases to six test kits per person, while Walmart is limiting customers to eight tests per person when ordering online. These announcements come as the Omicron variant fuels case increases across the country and families seek to safely gather for Christmas. In New York City, where case rates have more than doubled in the last week, people are waiting in hours-long lines to get tested. President Biden announced Tuesday that his administration is purchasing 500 million at-home rapid tests, to be distributed freely to Americans in an effort meet some of the demand - but the deliveries won't start until January. In New York City, people are waiting in hours-long lines to get tested for Covid while at-home rapid tests are in high demand. Pictured: A Covid testing line in Times Square, December 2021 Walmart, Walgreens, and CVS are all limiting purchases of at-home rapid tests as demand skyrockets in the latest Covid...
    President Joe Biden on Wednesday signed an executive order (EO) to spend taxpayer money to make the vast fleet of government vehicles and thousands of federal buildings nationwide carbon-emission free by 2050. “The executive order will reduce emissions across federal operations, invest in American clean energy industries and manufacturing, and create clean, healthy, and resilient communities,” the White House said of the executive order. The order also calls for the government to cut its carbon dioxide emissions by 65 percent by the end of this decade. AOL reported on the EO: As the country’s largest employer, the federal government has about $650 billion in annual purchasing power for goods and services, the White House said. That makes the government and its purchasing plans significant factors for businesses and manufacturers looking for lucrative contracts as they decide what products to offer. The government intends to spend tens of billions from the bipartisan infrastructure law and the Build Back Better Act, if it passes, to replace its 600,000 cars and trucks with an all-electric fleet, as well as upgrade efficiency in its...
    A 22-year-old man from out-of-state was charged after admitting to straw purchasing six guns for Chester residents, authorities in Delaware County said. Nasir Garland, of New Castle, DE was charged with the illegal transfer of firearms, providing false information, and related offenses, according to the Delaware County District Attorney's Office. A straw purchase is an illegal gun purchase in which the actual buyer of the gun uses another person to purchase a firearm. Garland was interviewed by New Castle police on Oct. 20 after an investigation revealed that he bought five guns from Delaware businesses between August 2020 and December 2020, and a sixth in July 2021, authorities said. Garland confessed to making the illegal purchases and transferring those firearms to individuals who were ineligible to purchase such firearms, according to investigators. “There are approximately 1,500 gun deaths in Pennsylvania per year, and this epidemic is fueled in part by straw purchasing,” DA Jack Stollsteimer said. “The surge of gun violence in our communities is fueled by the easy availability of firearms. In our region, law enforcement is fighting the gun violence epidemic by prioritizing...
    BOSTON (CBS) — Can the ownership group of the Boston Red Sox also own a rival of the Boston Bruins? We may soon find out. The Wall Street Journal’s Cara Lombardo reported on Tuesday that Fenway Sports Group — the group that owns the Red Sox, Liverpool Football Club, and 50 percent of Roush Fenway Racing — “is in advanced talks to buy the Pittsburgh Penguins hockey team.” “A deal could be finalized later this week, assuming the talks don’t fall apart,” Lombardo reported. The Penguins are currently owned by Ronald Burke and Mario Lemieux, who played for the team from 1984-2006, winning two Stanley Cups and three Hart Trophies while making nine All-Star teams during his Hall of Fame career. That duo bought the team in 1999, after the team filed for bankruptcy. The team has won three Stanley Cups since then. FSG announced a major financial investment from RedBird Capital Partners back in March. FSG has made it clear that it intended to add to its sports portfolio after that $750 million investment. FSG was founded by John...
    President Joe Biden will announce Wednesday that the U.S. is purchasing an additional half a billion COVID-19 vaccines for low- and lower-middle income countries, according to senior administration officials. The U.S. previously vowed to donate over 600 million COVID-19 vaccines to areas in need across the world. The administration has so far seen almost 160 million doses shipped to 100 countries and this new promise will bring the U.S. to over 1.1 billion donated vaccines. The additional 500 million COVID-19 vaccines being purchased by the U.S. are all Pfizer doses, a senior administration official said. Biden will announce the move at the beginning of a virtual COVID Summit on Wednesday morning, the official added. (RELATED: Biden Plans To Send Additional 20 Million Vaccines Overseas By End Of June) The new Pfizer doses will be made in the U.S. and will begin shipping to other countries in January. The administration’s goal is to send around 800 million vaccines to countries across the world from January through September of 2022. “This is a huge commitment by the U.S. In fact, for every one...
    A Zynga logo, the U.S. social game developer running social video game services.Pavlo Gonchar | LightRocket | Getty Images Gaming stocks like AppLovin and Zynga soared on Friday after a judge in California said Apple can't force developers to use in-app purchases, an issue that's long been a sticking point for mobile app companies. Judge Yvonne Gonzalez Rogers ordered an injunction Friday, ruling that Apple can no longer prohibit developers from including links that drive users away from Apple's store, where the company takes 15% to 30% of gross sales. The ruling was the result of a lawsuit filed by Epic Games, developer of Fortnite. "This allows for companies to dramatically increase revenues and reduce their cost of goods," said Dan Burkhart, CEO of Recurly, which processes subscription transactions for app developers. "Gaming companies are certainly going to be one of the most significant beneficiaries of this. Streaming media, entertainment and publishing — these categories are all going to greatly benefit." AppLovin, which owns several game studios, climbed more than 10%, while mobile game developer Zynga rose about 9%....
    Tim Cook, chief executive officer of Apple Inc., center, arrives at U.S. district court in Oakland, California, on Friday, May 21, 2021.Nina Riggio | Bloomberg | Getty Images Judge Yvonne Gonzalez Rogers handed down a decision in a closely-watched trial between Apple and Epic Games on Friday. Rogers ordered an injunction that said that Apple will no longer be allowed to prohibit developers from providing links or other communications that direct users away from Apple in-app purchasing, of which it takes 15% to 30%, addressing a longstanding developer complaint and granting of Epic's main goals. The decision concludes the first part of the battle between the two companies over Apple's App Store policies and whether they stifle competition. Apple won on most counts but will be forced to change its App Store policies and loosen its grip over in-app purchases. The trial took place in Oakland, California in May, and included both company CEOs testifying in open court. People familiar with the trial previously told CNBC that both sides expected the decision to be appealed regardless of what it was....
    VIDEO1:3501:35Stagflation is the greatest threat to Europe's economic recovery: MontiSquawk Box Europe Former Italian Prime Minister Mario Monti told CNBC Saturday that he believes the greatest threat to Europe's economic recovery from the coronavirus pandemic is "stagflation." Monti, now the president of Italy's Bocconi University, said the "huge mass" of accommodative monetary policy by central banks and fiscal stimulus from governments, implemented to support economies amid the coronavirus pandemic, "may well fire more inflation." At the same time, Monti said there were "a number of constraints on the flexibility of production" to increase. Stagflation is generally considered to be when the rate of inflation is high but economic growth has slowed and unemployment remains elevated. The IHS Markit euro zone flash composite purchasing managers' index, which looks at activity across manufacturing and services, hit a two-month low of 59.5 in August versus 60.2 in July. A reading higher than 50 still represents an expansion in economic activity, but many economists have suggested that momentum may be slowing in the region.Former Italian Prime Minister Mario Monti appearing on "Porta a Porta,"...
    BOSTON (CBS) — Tropical Storm Henri is expected to hit Massachusetts over the weekend. As the region braces for what could be a direct hit from a hurricane, there are a number of things you can do to prepare: Stay informed on the latest information and storm warnings Find out if you live in a hurricane evacuation zone by looking at this map Find out if your property is in a flood-prone or high-risk area by looking at this map Create and review your family emergency plan that includes meeting locations and emergency contacts Create an emergency kit that includes food, water, and face masks Follow instructions from public safety officials. Prepare for possible power outages Make sure smoke and carbon monoxide detectors are working Consider purchasing a generator to provide power during an outage Take boats out of the water Plan on ferry disruption and cancellation Sunday and Monday Prepare your home by: Attaching temporary plywood covers to protect windows and sliding doors. Making sure sump pumps and generators are working Look...
    A Massachusetts man pleaded guilty to charges of wire fraud and aggravated identity theft in connection with using stolen identities to fraudulently purchase more than $150,000 in MBTA passes. Kokou Kuakumensah, age 31, of Worcester, pleaded guilty on Thursday, July 22, to one count of wire fraud and four counts of aggravated identity theft, said the U.S. Attorney's Office. Between January 2019 and March 2020, Kuakumensah used other individuals’ credit card accounts to fraudulently purchase Massachusetts Bay Transportation Authority (MBTA) commuter rail passes, officials said. Kuakumensah purchased the passes using stolen credit card numbers at MBTA fare kiosks.  He then re-sold the fraudulently obtained passes for less than their face value in a variety of ways, including advertising them on Craigslist.  Kuakumensah sold the passes at MBTA stations, including the station in Grafton. The combined value of the passes Kuakumensah obtained was approximately $157,000. The charge of wire fraud provides for a sentence of up to 20 years in prison, up to three years of supervised release, and a fine of $250,000. He is scheduled to be sentenced in...
    A Delaware County man pleaded guilty to straw-purchasing over 20 handguns and providing a false address to licensed gun stores across southeastern Pennsylvania, federal authorities announced. Between June and August 2020, Nafez Hutchings, 22, of Upper Darby, bought 23 handguns over 12 separate transactions with several different Federal Firearms Licensees in Philadelphia, Montgomery, and Delaware Counties, according to Acting United States Attorney Jennifer Arbittier Williams. Hutchings falsely reported his address and declared on Bureau of Alcohol, Tobacco, Firearms, and Explosives (ATF) Form 4473 that he was the actual purchaser of the firearms when in reality he was buying them on behalf of other people, Williams said. Before his arrest, Hutchings admitted to ATF agents that he provided a false address and falsely certified on the ATF forms that he was buying the firearms for himself, Williams said. “Our office is doing all we can to stem the tide of violent crime in Philadelphia, including indicting and prosecuting criminals who possess firearms when they’re prohibited by law from doing so. But the efforts of law enforcement to keep guns out of the wrong hands...
    House prices in the United States are being pushed up by pension funds that are outbidding middle class families and purchasing up to 24% of houses in some areas they then rent out, according to a new report. John Burns Real Estate Consulting has said pensions and private-equity firms are competing with young homebuyers which will make home costs 'permanently more expensive,' The Wall Street Journal reported. The outlet highlighted that investors, rather than young Americans, are benefitting most during an era of the cheapest mortgage financing ever while inflating home prices at alarming rates. Rents are also rising as home prices increase. Rather than letting young homebuyers have a chance at the homes, investors are snatching up the properties and reselling them at a premium or renting them out - often to tenants unable to afford to get on the property ladder because of rising prices. The consulting firm noted that home prices rose 11% in 2020 even as the COVID-19 pandemic raged. Home prices will rise another 12% this year and another 6% in 2022, the company estimated. ...
    Martin Barraud | Getty Images If you're retired and worried about how inflation could hit your wallet, there may be strategies you can employ to minimize the impact. One option could be to invest in Treasury inflation-protected securities, or TIPS. Like typical Treasury bonds, they are issued and backed by the U.S. government — which makes them a generally safe investment. However, they operate a bit differently. And depending on how you use them, they can help protect your purchasing power.VIDEO5:3405:34Wage inflation is likely here to stay, portfolio manager saysSquawk BoxAs the U.S. continues moving back to pre-pandemic economic activity and the Biden administration's stimulus efforts juice the recovery, inflation has been on the minds of many investors. The consumer price index rose 0.8% in April from March and 4.2% from a year earlier — the highest since September 2008 and above the expected 3.6% increase. In addition, the Federal Reserve has indicated its willingness to let inflation run hotter than the standard 2%. And, given where the economy was a year ago — largely shut down due to the...
    Beckoning tourists, evangelical outreach, vaccine sweeteners: News from around our 50 states Lula Would Beat Bolsonaro in Brazil’s Election, Poll Shows Replay Video SETTINGS OFF HD HQ SD LO Skip Ad © Provided by GamePur One of the challenges in Fortnite this week is to activate a rift in by purchasing it from a character. While many players thoughts that Rifts were gone this season, they have actually been changed into something you can buy from NPCs. There are a number of NPCs around the map that players can purchase a Rift from at a cost of 245 Gold Bar. When you talk with the character, one of their radial options will be the Rift signal, and when purchased it will automatically teleport players into the sky. The characters that will sell a Rift are as follows: Cabbie at Lazy Lake Rebirth Raven to the southwest of Coral Castle Castaway Jonesy on the island to the northeast of Steamy Stacks They can then free fall and glide as they wish, ending up somewhere different on the...
    Washington (CNN)Three Fort Campbell soldiers were arrested on Tuesday for allegedly purchasing and transporting nearly 100 firearms, including five that were linked to a mass shooting in Chicago, the Justice Department announced. Demarcus Adams, 21, Jarius Brunson, 22, and Brandon Miller, 22, were charged with transferring a firearm to an out-of-state resident; making false statements during the purchase of a firearm; engaging in the business without a firearms license; wire fraud; money laundering; and conspiracy, prosecutors said.All three are enlisted members of the US Army and stationed at the Fort Campbell military installation in Clarksville, Tennessee, prosecutors said. They were expected to appear before a US magistrate judge in Nashville on Tuesday. An attorney is not listed for Adams, Brunson and Miller, according to online records.Prosecutors said the investigation began after a March 26 shooting in Chicago that left eight people injured and one dead. Investigators found multiple firearms at the scene of the shooting. Five of the firearms were found to have been recently purchased from federal firearms licensed dealers in the Clarksville, Tennessee, area. Prosecutors say 91 guns...
    Q: Hi Pat: My title company never sent me the HOA covenants for a home I purchased as a rental investment. The covenants (I discovered after purchase) effectively preclude me from renting the property. Do I have any recourse against the title insurance policy?  A: I’m not an attorney. However, in California we have more than 25 homeowner association (HOA) documents that the seller must provide to the buyer. Unfortunately, the seller in an HOA will often delegate the delivery of HOA documents to their seller’s agent, without any follow-up. Additionally, it is not uncommon for the seller’s agent to turn to the escrow officer to order the HOA documents from the HOA management company. To make the matter more complicated, each HOA management company will have its checklist of HOA documents and costs that reads like a restaurant menu. Conversely, the HOA document checklists and order forms from the California Association of Realtors (C.A.R.) do not. The CAR forms list what HOA documents are required, not required, ordered and received. Do you get the picture? What appears to...
    GM Brandon Beane, Bills agree on extension The Unhealthiest Diets of 2020, According to Experts 39 Gifts That Are Selling Like Hotcakes During The Holidays Ad Microsoft Top credit card wipes out interest until 2022 (seriously) Ad Microsoft This Is the Present Everyone's Talking About Ad Microsoft Full screen 1/51 SLIDES © mbbirdy / iStock.com Escaping the daily grind and retiring to an exotic locale where you can spend your...
    President-elect Joe Biden will have an influential tool at his disposal to boost clean energy technologies and slash carbon emissions: the purchasing power of the federal government. In his campaign climate plans, Biden promised to use the federal government's $500 billion-per-year purchasing power to “drive toward 100 percent clean energy and zero-emissions vehicles.” Biden has also pledged to expand federal procurement even further, by an additional $400 billion over his four-year term. A major focus of that increase, his climate plan says, would be to buy technologies such as batteries and electric vehicles “that will help position the U.S. as the world’s clean energy leader.” Such increased government spending will give conservative budget hawks pause, especially spending on certain technologies, such as low-carbon fuels and electric cars, that they say are more expensive. Tom Pyle, president of the American Energy Alliance, said Biden is likely to reinstate Obama-era directives to green the Defense Department, "throwing all kinds of money at fuels that cost four to five times more per gallon or unit." He added he expects the Energy Department would...
    A California man was sentenced to 20 years in federal prison for conspiring to commit terror attacks and for providing assault rifles used in the 2015 San Bernardino, California, terrorist attack where 14 people died, the Department of Justice announced Friday. Enrique Marquez Jr., 28, pleaded guilty to conspiring to provide material support and other resources to terrorists in 2017, according to the Department of Justice. As part of his plea agreement, Marquez also admitted to conspiring with Syed Rizwan Farook to attack commuter traffic on the 91 Freeway and the Riverside Community College campus in 2011 and 2012. Marquez pleaded guilty to making false statements in connection to purchasing two assault rifles that were used in the San Bernardino attack on Dec. 2, 2015, according to the Justice Department. Farook and his wife used the two assault rifles Marquez “straw” bought for them to attack the San Bernardino Inland Regional Center three years after the purchase, the Justice Department said. Enrique Marquez Jr. supplied the rifles used by his friend Syed Rizwan Farook and Farook’s wife, Tashfeen Malik, to...
            by Bruce Walker  Saginaw County will not enforce the prevailing wage requirements in its purchasing policy, according to a letter signed by an attorney representing the county. The updated policy is considered a victory for non-union contractors for government projects, as well as for taxpayers who won’t have to foot the bill for higher union labor costs. Up until last Friday, Saginaw County still enforced prevailing wages for government construction jobs, which forced contractors to bid any job over $50,000 at union-established wages whether the contractor employed union labor or not, forcing the government to pay above market rates for labor. Michigan voters rescinded its statewide prevailing wage laws in 2018. The letter, dated Aug. 27, was sent by David M. Gilbert, a principal at Gilbert & Smith, P.C. The letter was in response to a March 4 letter from Kraig Schutter, a Masud Labor Law attorney representing the Association of Builders and Contractors (ABC) of Greater Michigan Chapter. Schutter’s letter was addressed to Saginaw County Controller Robert Belleman. “I am in receipt of a...
    KANYE West has his eye on a buying a third ranch in Wyoming for his family's 14 horses to call home. The rapper who is married to Kim Kardashian seems to be making a home of Wyoming for himself as he makes a move to buy the $3.39million property. 12Kanye West, 43, is 'interested' in buying a third ranch in WyomingCredit: Getty - Contributor Kanye, 43, is reportedly interested in buying the 76 acre Double Doc Ranch in Cody, Wyoming. Three of the 14 family's Freisian horses are already living at the ranch's stables with plans to move the rest of them there too, according to TMZ. The impressive property boasts horse boarding, breeding, training, lessons and events facilities. It also includes a massive main residence, multiple guest housing and staff quarters. 12The Double Doc ranch is a 76 acre property in Cody, WyomingCredit: YouTube 12The main residence is 7,500 square foot mansionCredit: YouTube 12The kitchen features granite countertops, commercial grade appliances and custom maple cabinetsCredit: YouTube 12The games and entertainment room also has a unique feelCredit: YouTube The 7,500 square...
    Tech giant Oracle, considered Google’s arch-enemy in Silicon Valley, has reportedly joined the race to purchase the U.S. operations of the Chinese-owned app TikTok. Microsoft had previously announced plans to negotiate a purchase of the social media company. The Financial Times reports that Oracle has expressed interest in purchasing the U.S. operations of TikTok, the Chinese-owned video-sharing app popular with teens that faces a ban from operating in the U.S. following an executive order from the Trump administration. Microsoft and Oracle have both expressed interest in purchasing the company in order to allow it to continue operating in the U.S. Oracle co-founder Larry Ellison has reportedly held preliminary talks with TikTok’s Chinese parent company ByteDance and is considering purchasing TikTok’s operations in the U.S., Canada, Australia, and New Zealand. Oracle has reportedly been working with a group of U.S. investors that currently own a stake in ByteDance, including General Atlantic and Sequoia Capital. Previously, Microsoft has been the leading American firm in negotiations to purchase TikTok after the company announced in early August that it was holding discussions to explore the purchase...
    Don’t tell her how to spend her “stripper money,” OK? A woman on Reddit claims she might have to “reconsider” her relationship after her boyfriend tried to shame her for purchasing an apartment with money she earned from a former job as a stripper. “I met this guy about 18 months ago, and we've been together since,” the anonymous woman wrote in a post on Reddit. “He knows about my employment history, and he said that he has no issue with it, though he did ask me to tell his family the white lie I occasionally use … which is that I was a waitress.” STRIP CLUBS REQUIRING MASKS, OFFERING 'CORONAVIRUS-FREE LAPDANCES' AS AMERICA REOPENS About a month ago, however, the woman claims she learned she was pregnant. Upon hearing the news, her boyfriend suggested they move in together — but not at her house, he said, because she purchased it with “stripper money.” “That really pissed me off,” the woman wrote, explaining she scrimped and saved to purchase her three-bedroom apartment by “living off ramen” and “wearing old clothes.”...
    COLUMBUS, Ohio (AP) — An Ohio man who bought a tiger skin rug in violation of the federal endangered species act pleaded guilty Wednesday to a misdemeanor charge, the government said. Ryan Gibbs of Cincinnati must serve a year on probation, perform 80 hours of community service, and donate $100,000 to a federal fund used to provide rewards for tipsters in illegal wildlife trade cases, according to the U.S. Attorney’s Office. Gibbs also agreed to give up a stuffed lion, two stuffed puffins, a panther skin and a sawfish rostrum—the bill or beak of the sawfish—which he owns, according to the government. Gibbs, 44, a Cincinnati attorney, tried buying a tiger skin from someone in the United Kingdom in 2018, but was told it was illegal, prosecutors said. That person put him in touch with a seller in Minnesota, who turned out to be an undercover U.S. Fish and Wildlife agent. Gibbs bought the rug for $3,000 in 2019. The rug had been confiscated from a previous investigation. Defense attorney Scott Croswell said Gibbs did not dispute the charge. (Copyright...
    COLUMBUS, Ohio (AP) — An Ohio man who bought a tiger skin rug in violation of the federal endangered species act pleaded guilty Wednesday to a misdemeanor charge, the government said. Ryan Gibbs of Cincinnati must serve a year on probation, perform 80 hours of community service, and donate $100,000 to a federal fund used to provide rewards for tipsters in illegal wildlife trade cases, according to the U.S. Attorney's Office. Gibbs also agreed to give up a stuffed lion, two stuffed puffins, a panther skin and a sawfish rostrum—the bill or beak of the sawfish—which he owns, according to the government. Gibbs, 44, a Cincinnati attorney, tried buying a tiger skin from someone in the United Kingdom in 2018, but was told it was illegal, prosecutors said. That person put him in touch with a seller in Minnesota, who turned out to be an undercover U.S. Fish and Wildlife agent. Gibbs bought the rug for $3,000 in 2019. The rug had been confiscated from a previous investigation. Defense attorney Scott Croswell said Gibbs did not dispute the charge. Copyright...
    MEXICO CITY (AP) — Mexico’s president said Thursday he is creating a central national purchasing and distribution agency for medicines, vaccines and medical equipment amid persistent shortages during the coronavirus pandemic and the arrest of a doctor who advised a patient’s family to buy their own medications. The government has previously done some bulk purchasing, but often contracted out drug acquisition and distribution to private firms. The centralized agency will have a budget of about $2.25 billion over the next two years, and will begin operating Aug. 15. The plan will also presumably apply to any coronavirus vaccine. There have been repeated reports during the pandemic, and before it, of families being told by doctors to buy medications for their sick relatives because hospitals don’t have them, even though treatment was theoretically free and stocks supposedly existed. Shortages of everything from drugs to equipment and personal protective equipment has resulted in demonstrations and protests by doctors and patients’ families, and this week resulted in the arrest of a doctor in the southern state of Chiapas for alleged...
    North Korea is allegedly importing international technology in order to better spy on its citizens. The devices will help the government’s phone-tapping operations, giving a boost to the mass surveillance system already implemented throughout the country. According to Daily NK, the technology was imported into the Hermit Kingdom in late May. Three of the devices are going to be set up in the capital city Pyongyang. As was previously reported by The Inquisitr, the city has been going through a period of deep unrest as food rations have not been given to members of the population for months. The scarcity of food has not been seen since the great famines that plagued the country in the 1990s. The insider added that the other devices, which will be placed in a number of other provinces and cities, will be installed by the end of June. “The government purchased 15 phone-tapping devices from a German-Chinese joint venture to monitor mobile phone calls in the country,” a North Hamgyong Province-based claimed. “The devices are currently being installed,” the source added. Technology experts have...
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