Jack Hall Plumbing moving to Saratoga County

The contractor is the latest in a string of businesses and investors interested in building along the Route 9 corridor off Northway Exit 17......»»

Category: topSource: bizjournalsOct 13th, 2021

Kamala Harris says that the caregiving economy is overlooked because women rely on it most

"For working people and for working women in particular, care is a prerequisite to be able to get to work," she added. Vice President Kamala Harris speaks during a meeting on voting rights at the TCF Center in Detroit, Monday, July 12, 2021. AP Photo/Andrew Harnik The vice president spoke at a virtual town hall on Thursday advocating the Build Back Better plan. VP Kamala Harris said that family leave is often pushed aside because it primarily impacts women. It's not prioritized because "because most people who rely on care are women, and most people who supply care are also women." Vice President Kamala Harris argued in favor of the Biden administration's Build Back Better agenda, saying that the caregiving economy is pushed aside because it primarily impacts women, during a virtual town hall on Thursday.According to Harris, paid time off and, specifically, paid family leave isn't prioritized "because most people who rely on care are women, and most people who supply care are also women. So it is time to make care a top priority.""For working people and for working women in particular, care is a prerequisite to be able to get to work," she added.She said that the average family has to spend 13% of their income on childcare, which can often cost more than housing, healthcare, or in-state college tuition in some states. The $3.5 trillion Build Back Better plan aims to improve conditions for working families. The legislation would cut the cost of childcare in half, extend the child tax credit, increase paid leave, and expand care for senior citizens and people with disabilities.Critics of the agenda like Sen. Joe Manchin said that the reconciliation bill will give Americans an "entitlement mentality.""I cannot accept our economy, or basically our society, moving towards an entitlement mentality," said the Senator. "I can help those who really need help if those who help themselves do so."Democrats are currently negotiating on Biden's $3.5 trillion 10-year agenda, as some senators like Manchin want to see the price tag lowered. This could mean cuts to improvement in healthcare, childcare, climate change solutions, and education.During the town hall, the vice president seemed to counter that claim: "This is about allowing people the dignity with which they deserve and want to live."The White House and the Office of Senator Joe Manchin did not immediately respond to Insider's request for comment. Watch the full clip here: Read the original article on Business Insider.....»»

Category: topSource: businessinsiderOct 14th, 2021

Futures Rebound From Overnight Slide As Oil Keeps Rising

Futures Rebound From Overnight Slide As Oil Keeps Rising US equity-index futures erased earlier declines, rebounding from a loss of as much as 0.8% helped by the start of the European session and easing mounting concerns about stagflation from rising energy prices, signs of widening regulatory scrutiny by China, and the upcoming third-quarter earnings which is expected to post a sharply slower pace of growth and beats than recent record quarters. At 730am ET, Dow e-minis were up 5 points, or 0.1%, S&P 500 e-minis were up 7.25 points, or 0.16%, and Nasdaq 100 e-minis were up 46.75points, or 0.31%. Oiil rose 0.3% to $83.86/bbl while the dollar dipped and 10Y yield drifted back under 1.60%. Gains in tech stocks kept Nasdaq futures afloat on Tuesday, while energy names rose as Brent resumed gains, trading around $84/bbl on expectations that a power crisis from Asia to Europe will lift demand and tighten global balances. Higher oil prices and supply chain disruptions have set off alarm bells for businesses and consumers ahead of the third-quarter reporting season that kicks off on Wednesday with JPMorgan results.  "We believe that market participants could stay concerned over high energy prices translating into further acceleration in inflation, and thereby faster tightening by major central banks," said Charalambos Pissouros, head of research at JFD Group. In the pre-market, Tesla rose 0.7% after data showed the electric vehicle maker sold 56,006 China-made vehicles in September, the highest since it started production in Shanghai about two years ago. Oil firms including Exxon Mobil and Chevron Corp gained 0.1% and 0.3%, respectively, as Brent crude hit a near-three year high on energy crunch fears. Here are the notable movers: China’s Internet sector is one of the “most undervalued” in Morningstar’s coverage, says Ivan Su, an analyst, adding that Tencent (TCEHY US) and Netease (NTES US) are top picks MGM Resorts (MGM US) rises 2% in U.S. premarket trading after stock was upgraded to outperform from neutral and price target more than doubled to a Street-high $68 at Credit Suisse Quanterix (QTRX US) jumped 20% in Monday postmarket trading after the digital-health company announced that its Simoa phospho-Tau 181 blood test has been granted breakthrough device designation by the U.S. FDA as an aid in diagnostic evaluation of Alzheimer’s disease Relay Therapeutics (RLAY US) fell 7% in Monday postmarket trading after launching a $350 million share sale via Goldman Sachs, JPMorgan, Cowen, Guggenheim Securities Westwater Resources (WWR US) rose as much as 26% in Monday postmarket trading after its board of directors approved construction of the first phase of a production facility in Alabama for battery ready graphite products TechnipFMC (FTI US) in focus after co. was awarded a substantial long-term charter and services contract by Petrobras for the pipelay support vessel Coral do Atlântico Fastenal, which was one of the first companies to report Q3 earnings, saw its shares fall 2.4% in premarket trading on Tuesday, after the industrial distributor said the Covid-related boost was fading. The company said growth in the quarter was slightly limited by either slower expansion or contraction in sales of certain products related to the pandemic, when compared to the previous year quarter. While there was an uptick in sales of certain Covid-related supplies, the unit price of many products was down significantly, the company said in a statement.  Third-quarter sales and profit were in line with the average analyst estimate "While investors want to believe the narrative that stock markets can continue to move higher, this belief is bumping up against the reality of how the continued rise in energy prices, as well as supply-chain pressures, are likely to impact company profit margins,” said Michael Hewson, chief market analyst at CMC Markets in London. In Europe, losses led by basic resources companies and carmakers outweighed gains for utilities and tech stocks, pulling the Stoxx Europe 600 Index down 0.1%. Metals miner Rio Tinto was among the worst performers, dropping 2.7%. European equities climbed off the lows having lost over 1% in early trade. Euro Stoxx 600 was down -0.35% after dropping as much as 1.3% initially, led by basic resources companies and carmakers outweighed gains for utilities and tech stocks. The DAX is off 0.3%, FTSE 100 underperforms in a quiet morning for news flow. Miners, banks and autos are the weakest sectors after China reported a sharp drop in auto sales; utilities, tech and real estate post modest gains. European tech stocks slide, with the Stoxx Tech Index dropping as much as 1.4% in third straight decline, as another broker downgrades TeamViewer, while Prosus and chip stocks come under pressure. TeamViewer shares fall as much as 5.1% after Deutsche Bank downgrades the remote software maker to hold from buy following recent guidance cut. Asian stocks fell, halting a three-day rally as uncertainty over earnings deepened amid elevated inflation, higher bond yields and the risk of a widening Chinese crackdown on private industry. The MSCI Asia Pacific Index slid as much as 1.2%, led by technology and communication shares. Alibaba plunged 3.9% following a rally over the past week, while Samsung Electronics tumbled to a 10-month low after at least five brokers slashed their price targets, as China’s power crisis is seen worsening supply-chain disruptions. “Given the run-up in tech so far, it’s not difficult for investors to harvest profits first before figuring out if techs can maintain their growth when yields rise,” said Justin Tang, head of Asian research at United First Partners. Shares in Hong Kong and the mainland were among the worst performers after Chinese authorities kicked off an inspection of the nation’s financial regulators and biggest state-run banks in an effort to root out corruption. The MSCI Asia Pacific Index is down 12% from a February peak, with a global energy crunch lifting input prices and the debt crisis at China Evergrande Group weighing on the financial sector. Investors are waiting to see how this impacts earnings, according to Jun Rong Yeap, a market strategist at IG Asia.  “Increasing concerns on inflation potentially being more persistent have started to show up,” he said. “This comes along with the global risk-off mood overnight, as investors look for greater clarity from the earnings season on how margins are holding up, along with the corporate economic outlook.” Japan’s Topix index also fell, halting a two-day rally, amid concerns about a global energy crunch and the possibility of a widening Chinese crackdown on private industry. The Topix fell 0.7% to 1,982.68 at the 3 p.m. close in Tokyo, while the Nikkei 225 declined 0.9% to 28,230.61. SoftBank Group Corp. contributed the most to the Topix’s drop, decreasing 2.4%. Out of 2,181 shares in the index, 373 rose and 1,743 fell, while 65 were unchanged. “Market conditions were improving yesterday, but pushing for higher prices got tough when the Nikkei 225 approached its key moving averages,” said Masahiro Ichikawa, chief market strategist at Sumitomo Mitsui DS Asset Management.  The Nikkei’s 75-day moving average is about 28,500 and the 200-day moving average is about 28,700, so some investors were taking profits, he said. Japan’s spot power price increased to the highest level in nine months, as the global energy crisis intensifies competition for generation fuel before the winter heating season. In FX, the Bloomberg Dollar Spot Index reversed an overnight gain as the greenback slipped against all of its Group-of-10 peers. Risk sensitive Scandinavian currencies led gains, followed by the New Zealand and Australian dollars. The pound was little changed while speculators ramped up wagers on sterling’s decline at the fastest rate in more than two years, Commodity Futures Trading Commission data show, further breaking the link between anticipated rate increases and currency gains. The yen steadied after three days of declines. The Turkish lira extended its slide to a record low after President Recep Tayyip Erdogan hinted at a possible military offensive into neighboring Syria. Fixed-income was quiet by recent standards: Treasury futures were off lows of the day, improving as S&P 500 futures pare losses during European morning, and as cash trading resumed after Monday’s holiday. The 10Y yield dipped from 1.61% to 1.59% after hitting 1.65% based on futures pricing on Monday, but the big mover was on the front end, where 2-year yields climbed as much as 4bps to 0.35% the highest level since March 2020 reflecting increased expectations for Fed rate hikes, as Treasury cash trading resumed globally. Two coupon auctions during U.S. session -- of 3-and 10-year notes -- may weigh on Treasuries however.  Treasury and gilt curves bull-flatten with gilts outperforming at the back end. Bunds have a bull-steepening bias but ranges are narrow. Peripheral spreads tighten a touch with long-end Italy outperforming peers. In commodities, Crude futures drift higher in muted trade. WTI is up 0.25% near $80.70, Brent trades just shy of a $84-handle. Spot gold remains range-bound near $1,760/oz. Base metals are mixed with LME lead and nickel holding small gains, copper and aluminum in the red. Looking at the day ahead, central bank speakers include the Fed’s Vice Chair Clarida,Bostic and Barkin, as well as theECB’s President Lagarde, Makhlouf, Knot, Villeroy, Lane and Elderson. Data highlights from the US include the JOLTS job openings for August, and the NFIB’s small business optimism index for September which came in at 99.1, below last month's 100.1. The IMF will be releasing their latest World Economic Outlook. Market Snapshot S&P 500 futures little changed at 4,351.50 STOXX Europe 600 down 0.6% to 454.90 MXAP down 0.9% to 194.41 MXAPJ down 1.0% to 635.42 Nikkei down 0.9% to 28,230.61 Topix down 0.7% to 1,982.68 Hang Seng Index down 1.4% to 24,962.59 Shanghai Composite down 1.2% to 3,546.94 Sensex little changed at 60,149.85 Australia S&P/ASX 200 down 0.3% to 7,280.73 Kospi down 1.4% to 2,916.38 German 10Y yield fell 6 bps to -0.113% Euro up 0.1% to $1.1565 Brent Futures up 0.4% to $84.01/bbl Gold spot up 0.2% to $1,757.84 U.S. Dollar Index little changed at 94.29 Top Overnight Headlines from Bloomberg The EU drew record demand for its debut green bond, in the sector’s biggest-ever offering. The bloc registered more than 135 billion euros ($156 billion) in orders Tuesday for a sale of 12 billion euros of securities maturing in 2037 Investors are dumping negative-yielding debt at the fastest pace since February as concerns about inflation and reduced central bank stimulus propel global interest rates higher French President Emmanuel Macron unveiled a 30-billion-euro ($35 billion) plan to create the high-tech champions of the future and reverse years of industrial decline in the euro area’s second-largest economy British companies pushed the number of workers on payrolls above pre-coronavirus levels last month, an indication of strength in the labor market that may embolden the Bank of England to raise interest rates. As the Biden administration and governments around the world celebrate another advance toward an historic global tax accord, an obscure legal question in the U.S. threatens to tear it apart Chinese property developers are suffering credit rating downgrades at the fastest pace in five years, as a recent slump in new-home sales adds to concerns about the sector’s debt woes German investor confidence declined for a fifth month in October, adding to evidence that global supply bottlenecks and a surge in inflation are weighing on the recovery in Europe’s largest economy Social Democrat Olaf Scholz’s bid to succeed Angela Merkel as German chancellor is running into its first test as tensions emerge in talks to bridge policy differences with the Greens and pro-business Free Democrats A more detailed breakdown of global markets from Newsquawk Asian equity markets traded mostly lower following the indecisive mood stateside where the major indices gave back initial gains to finish negative amid lingering inflation and global slowdown concerns, with sentiment overnight also hampered by tighter Beijing scrutiny and with US equity futures extending on losses in which the Emini S&P retreated beneath its 100DMA. ASX 200 (-0.3%) was subdued as weakness in energy, tech and financials led the declines in Australia and with participants also digesting mixed NAB business survey data. Nikkei 225 (-0.9%) was on the backfoot after the Japan Center for Economic Research noted that GDP contracted 0.9% M/M in August and with retailers pressured after soft September sales updates from Lawson and Seven & I Holdings, while the KOSPI (-1.4%) was the laggard on return from holiday with chipmakers Samsung Electronics and SK Hynix subdued as they face new international taxation rules following the recent global minimum tax deal. Hang Seng (-1.4%) and Shanghai Comp. (-1.3%) adhered to the downbeat picture following a continued liquidity drain by the PBoC and with Beijing scrutinising Chinese financial institutions’ ties with private firms, while default concerns lingered after Evergrande missed yesterday’s payments and with Modern Land China seeking a debt extension on a USD 250mln bond to avoid any potential default. Finally, 10yr JGBs eked minimal gains amid the weakness in stocks but with demand for bonds limited after the recent subdued trade in T-note futures owing to yesterday’s cash bond market closure and following softer results across all metrics in the 30yr JGB auction. Top Asian News Alibaba Stock Revival Halted on Concerns of Rising Bond Yields Iron Ore Rally Pauses as China Steel Curbs Cloud Demand Outlook China’s Star Board Sees Rough Start to Fourth Quarter: ECM Watch Citi Lists Top Global Stock Picks for ‘Disruptive Innovations’ European bourses kicked the day off choppy but have since drifted higher (Euro Stoxx 50 -0.4%; Stoxx 600 Unch) as the region remains on standby for the next catalyst, and as US earnings season officially kicks off tomorrow – not to mention the US and Chinese inflation metrics and FOMC minutes. US equity futures have also nursed earlier losses and reside in relatively flat territory at the time of writing, with broad-based performance seen in the ES (Unch), NQ (+0.2%), RTY (-0.2%), YM (Unch). From a technical standpoint, some of the Dec contracts are now hovering around their respective 100 DMAs at 4,346 for the ES, 14,744 for the NQ, whilst the RTY sees its 200 DMA at 2,215, and the YM topped its 21 DMA at 34,321. Back to Europe, cash markets see broad-based downside with the SMI (-0.1%) slightly more cushioned amid gains in heavyweight Nestle (+0.6%). Sectors kicked off the day with a defensive bias but have since seen a slight reconfiguration, with Real Estate now the top performer alongside Food & Beverages, Tech and Healthcare. On the flip side, Basic Resources holds its position as the laggard following yesterday's marked outperformance and despite base metals (ex-iron) holding onto yesterday's gains. Autos also reside at the bottom of the bunch despite constructive commentary from China's Auto Industry Body CAAM, who suggested the chip supply shortage eased in China in September and expected Q4 to improve, whilst sources suggested Toyota aims to make up some lost production as supplies rebound. In terms of individual movers, GSK (+2.3%) shares spiked higher amid reports that its USD 54bln consumer unit has reportedly attracted buyout interest, according to sources, in turn lifting the FTSE 100 Dec future by 14 points in the immediacy. Elsewhere, easyJet (-1.9%) gave up its earlier gains after refraining on guidance, and despite an overall constructive trading update whereby the Co. sees positive momentum carried into FY22, with H1 bookings double those in the same period last year. Co. expects to fly up to 70% of FY19 planned capacity in FY22. In terms of commentary, the session saw the Germany ZEW release, which saw sentiment among experts deteriorate, citing the persisting supply bottlenecks for raw materials and intermediate products. The release also noted that 49.1% of expects still expect inflation to rise further in the next six months. Heading into earnings season, experts also expect profits to go down, particularly in export-tilted sectors such a car making, chemicals and pharmaceuticals. State-side, sources suggested that EU antitrust regulators are reportedly likely to open an investigation into Nvidia's (+0.6% Pre-Mkt) USD 54bln bid from Arm as concessions were not deemed sufficient. Top European News Soybeans Near 10-Month Low as Supply Outlook Expected to Improve EasyJet Boosts Capacity as Travel Rebound Gathers Pace Currency Traders Are Betting the BOE Is About to Make a Mistake Citi Lists Top Global Stock Picks for ‘Disruptive Innovations’ In FX, the Buck has reclaimed a bit more lost ground in consolidatory trade rather than any real sign of a change in fundamentals following Monday’s semi US market holiday for Columbus Day and ahead of another fairly light data slate comprising NFIB business optimism and JOLTS. However, supply awaits the return of cash Treasuries in the form of Usd 58 bn 3 year and Usd 38 bn 10 year notes and Fed commentary picks up pace on the eve of FOMC minutes with no less than five officials scheduled to speak. Meanwhile, broad risk sentiment has taken a knock in wake of a late swoon on Wall Street to give the Greenback and underlying bid and nudge the index up to fresh post-NFP highs within a 94.226-433 band. NZD/AUD - A slight change in fortunes down under as the Kiwi derives some comfort from the fact that the Aud/Nzd has not breached 1.0600 to the upside and Nzd/Usd maintaining 0.6950+ status irrespective of mixed NZ electric card sales data, while the Aussie takes on board contrasting NAB business conditions and confidence readings in advance of consumer sentiment, with Aud/Usd rotating either side of 0.7350. EUR/CAD/GBP/CHF/JPY - All rangy and marginally mixed against their US counterpart, as the Euro straddles 1.1560, the Loonie meanders between 1.2499-62 with less fuel from flat-lining crude and the Pound tries to keep sight of 1.3600 amidst corrective moves in Eur/Gbp following a rebound through 0.8500 after somewhat inconclusive UK labour and earnings data, but hardly a wince from the single currency even though Germany’s ZEW survey missed consensus and the institute delivered a downbeat assessment of the outlook for the coming 6 months. Elsewhere, the Franc continues to hold within rough 0.9250-90 extremes and the Yen is striving to nurse outsize losses between 113.00-50 parameters, with some attention to 1 bn option expiries from 113.20-25 for the NY cut. Note also, decent expiry interest in Eur/Usd and Usd/Cad today, but not as close to current spot levels (at the 1.1615 strike in 1.4 bn and between 1.2490-1.2505 in 1.1 bn respectively). SCANDI/EM - The Nok and Sek have bounced from lows vs the Eur, and the latter perhaps taking heed of a decline in Sweden’s registered jobless rate, but the Cnh and Cny remain off recent highs against the backdrop of more Chinese regulatory rigour, this time targeting state banks and financial institutions with connections to big private sector entities and the Try has thrown in the towel in terms of its fight to fend off approaches towards 9.0000 vs the Usd. The final straw for the Lira appeared to be geopolitical, as Turkish President Erdogan said they will take the necessary steps in Syria and are determined to eliminate threats, adding that Turkey has lost its patience on the attacks coming from Syrian Kurdish YPG controlled areas. Furthermore, he stated there is a Tal Rifaat pocket controlled by YPG below Afrin and that an operation could target that area which is under Russian protection. However, Usd/Try is off a new ATH circa 9.0370 as oil comes off the boil and ip came in above forecast. In commodities, WTI and Brent front-month futures are choppy and trade on either side of the flat mark in what is seemingly some consolidation and amid a distinct lack of catalysts to firmly dictate price action. The complex saw downticks heading into the European cash open in tandem with the overall market sentiment at the time, albeit the crude complex has since recovered off worst levels. News flow for the complex has also remained minimal as eyes now turn to any potential intervention by major economies in a bid to stem the pass-through of energy prices to consumers heading into winter. On that note, UK nat gas futures have been stable on the day but still north of GBP 2/Thm. Looking ahead, the weekly Private Inventory data has been pushed back to tomorrow on account of yesterday's Columbus Day holiday. Tomorrow will also see the release of the OPEC MOMR and EIA STEO. Focus on the former will be on any updates to its demand forecast, whilst commentary surrounding US shale could be interesting as it'll give an insight into OPEC's thinking on the threat of Shale under President Biden's "build back better" plan. Brent Dec trades on either side of USD 84/bbl (vs prev. 83.13-84.14 range) whilst WTI trades just under USD 81/bbl after earlier testing USD 80/bbl to the downside (USD 80-80.91/bbl range). Over to metals, spot gold and silver hold onto modest gains with not much to in the way of interesting price action, with the former within its overnight range above USD 1,750/oz and the latter still north of USD 22.50/oz after failing to breach the level to the downside in European hours thus far. In terms of base metals, LME copper is holding onto most of yesterday's gains, but the USD 9,500/t mark seems to be formidable resistance. Finally, Dalian and Singapore iron ore futures retreated after a four-day rally, with traders citing China's steel production regaining focus. US Event Calendar 6am: Sept. SMALL BUSINESS OPTIMISM 99.1,  est. 99.5, prior 100.1 10am: Aug. JOLTs Job Openings, est. 11m, prior 10.9m 11:15am: Fed’s Clarida Speaks at IIF Annual Meeting 12:30pm: Fed’s Bostic Speaks on Inflation at Peterson Institute 6pm: Fed’s Barkin Interviewed for an NPR Podcast DB's Jim Reid concludes the overnight wrap It’s my wife’s birthday today and the big treat is James Bond tomorrow night. However, I was really struggling to work out what to buy her. After 11.5 years together, I ran out of original ideas at about year three and have then scrambled round every year in an attempt to be innovative. Previous innovations have seen mixed success with the best example being the nearly-to-scale oil portrait I got commissioned of both of us from our wedding day. She had no idea and hated it at the closed eyes big reveal. It now hangs proudly in our entrance hall though. Today I’ve bought her a lower key gamble. Some of you might know that there is a US website called Cameo that you can pay famous people to record a video message for someone for a hefty fee. Well, all her childhood heroes on it were seemingly too expensive or not there. Then I saw that the most famous gymnast of all time, Nadia Comăneci, was available for a reasonable price. My wife idolised her as a kid (I think). So after this goes to press, I’m going to wake my wife up with a personalised video message from Nadia wishing her a happy birthday, saying she’s my perfect ten, and praising her for encouraging our three children to do gymnastics and telling her to keep strong while I try to get them to play golf instead. I’m not sure if this is a totally naff gift or inspired. When I purchased it I thought the latter but now I’m worried it’s the former! My guess is she says it’s naff, appreciates the gesture, but calls me out for the lack of chocolates. Maybe in this day and age a barrel of oil or a tank of petrol would have been the most valuable birthday present. With investor anticipation continuing to build ahead of tomorrow’s CPI release from the US, yesterday saw yet another round of commodity price rises that’s making it increasingly difficult for central banks to argue that inflation is in fact proving transitory. You don’t have to be too old to remember that back in the summer, those making the transitory argument cited goods like lumber as an example of how prices would begin to fall back again as the economy reopened. But not only have commodity aggregates continued to hit fresh highs since then, but lumber (+5.49%) itself followed up last week’s gains to hit its highest level in 3 months. Looking at those moves yesterday, it was a pretty broad-based advance across the commodity sphere, with big rises among energy and metals prices in particular. Oil saw fresh advances, with WTI (+1.47%) closing above $80/bbl for the first time since 2014, whilst Brent Crude (+1.53%) closed above $83/bbl for the first time since 2018. Meanwhile, Chinese coal futures (+8.00%) hit a record after the flooding in Shanxi province that we mentioned in yesterday’s edition, which has closed 60 of the 682 mines there, and this morning they’re already up another +6.41%. So far this year, the region has produced 30% of China’s coal supply, which gives you an idea as to its importance. And when it came to metals, aluminium prices (+3.30%) on the London Metal Exchange rose to their highest level since the global financial crisis, whilst Iron Ore futures in Singapore jumped +7.01% on Monday, and copper was also up +2.13%. The one respite on the inflation front was a further decline in natural gas prices, however, with the benchmark European future down -2.73%; thus bringing its declines to over -47% since the intraday high that was hit only last Wednesday. With commodity prices seeing another spike and inflation concerns resurfacing, this proved bad news for sovereign bonds as investors moved to price in a more hawkish central bank reaction. Yields in Europe rose across the continent, with those on 10yr bunds up +3.0bps to 0.12%, their highest level since May. The rise was driven by both higher inflation breakevens and real rates, and leaves bund yields just shy of their recent post-pandemic closing peak of -0.10% from mid-May. If they manage to surpass that point, that’ll leave them closer to positive territory than at any point since Q2 2019 when they last turned negative again. It was a similar story elsewhere, with 10yr yields on OATs (+2.6bps), BTPs (+3.9bps) and gilts (+3.1bps) likewise reaching their highest level in months. The sell-off occurred as money markets moved to price in further rate hikes from central banks, with investors now expecting a full 25 basis point hike from the Fed by the end of Q3 2022. It seems like another era, but at the start of this year before the Georgia Senate race, investors weren’t even pricing in a full hike by the end of 2023, whereas they’re now pricing in almost 4. So we’ve come a long way over 2021, though pre-Georgia the consensus CPI forecast on Bloomberg was just 2.0%, whereas it now stands at 4.3%, so it does fit with the story of much stronger-than-expected inflation inducing a hawkish response. Yesterday’s repricing came alongside a pretty minimal -0.15% move in the Euro versus the dollar, but that was because Europe was also seeing a similar rates repricing. Meanwhile, the UK saw its own ramping up of rate hike expectations, with investors pricing in at least an initial 15bps hike to 0.25% happening by the December meeting in just two months’ time. Overnight in Asia, stocks are trading in the red with the KOSPI (-1.46%), Shanghai Composite (-1.21%), Hang Seng (-1.20%), the Nikkei (-0.93%) and CSI (-0.82%) all trading lower on inflation concerns due to high energy costs and aggravated by a Wall Street Journal story that Chinese President Xi Jinping is increasing scrutiny of state-run banks and big financial institutions with inspections. Furthermore, there were signs of a worsening in the Evergrande debt situation, with the firm missing coupon payments on a 9.5% note due in 2022 and a 10% bond due in 2023. And there were fresh indications of a worsening situation more broadly, with Sinic Holdings Group Co. saying it doesn’t expect to pay the principal or interest on a $250m bond due on October 18. Separately in Japan, Prime Minister Fumio Kishida said on Monday that he will raise pay for public workers and boost tax breaks to firms that boost wages to try and improve the country’s wealth distribution. Back to yesterday, and the commodity rally similarly weighed on thin-volume equity markets, though it took some time as the S&P 500 had initially climbed around +0.5% before paring back those gains to close down -0.69%. Before the late US sell-off, European indices were subdued, but the STOXX 600 still rose +0.05%, thanks to an outperformance from the energy sector (+1.49%), and the STOXX Banks Index (+0.13%) hit a fresh two-year high as the sector was supported by a further rise in yields. On the central bank theme, we heard from the ECB’s chief economist, Philip Lane, at a conference yesterday, where he said that “a one-off shift in the level of wages as part of the adjustment to a transitory unexpected increase in the price level does not imply a trend shift in the path of underlying inflation.” So clearly making a distinction between a more persistent pattern of wage inflation, which comes as the ECB’s recent forward guidance commits them to not hiking rates “until it sees inflation reaching two per cent well ahead of the end of its projection horizon and durably for the rest of the projection horizon”, as well as having confidence that “realised progress in underlying inflation is sufficiently advanced to be consistent with inflation stabilising at two per cent over the medium term”. Turning to the political scene, Brexit is likely to be in the headlines again today as the UK’s Brexit negotiator David Frost gives a speech in Lisbon where he’s expected to warn that the EU’s proposals on the Northern Ireland Protocol are insufficient. That comes ahead of a new set of proposals that are set to come from the EU tomorrow, with the two sides disagreeing on the extent of border controls required on trade from Northern Ireland with the rest of the UK. Those controls were put in place as part of the Brexit deal to prevent a hard border being put up between Northern Ireland and the Republic of Ireland, whilst also preserving the integrity of the EU’s single market. But the UK’s demands for adjustments have been met with opposition by the EU, and speculation has risen that the UK could trigger Article 16, which allows either side to take unilateral safeguard measures, if the protocol’s application “leads to serious economic, societal or environmental difficulties that are liable to persist, or to diversion of trade”. On the data front, there wasn’t much data to speak of with the US holiday, but Italy’s industrial production contracted by -0.2% in August, in line with expectations. To the day ahead now, andcentral bank speakers include the Fed’s Vice Chair Clarida,Bostic and Barkin, as well as theECB’s President Lagarde, Makhlouf, Knot, Villeroy, Lane and Elderson. Data highlights from the US include the JOLTS job openings for August, and the NFIB’s small business optimism index for September. In Europe, there’s also UK unemployment for August and the German ZEW Survey for October. Lastly, the IMF will be releasing their latest World Economic Outlook.     Tyler Durden Tue, 10/12/2021 - 07:56.....»»

Category: personnelSource: nytOct 12th, 2021

26 iPhone accessories that make great gifts in 2021

There are plenty of accessories out there that can help you make the most of your iPhone, and they make great gift ideas. When you buy through our links, Insider may earn an affiliate commission. Learn more. If the iPhone user in your life doesn't have AirPods yet, they make a great gift. Hollis Johnson/Business Insider There are plenty of great gift ideas for iPhone owners, from fun cases to game controllers. Our top picks cover a wide range of interests and budgets. Visit Insider Reviews for more gift ideas. We use our phones for almost everything, so it's no surprise that there are so many accessories to choose from. From high-end headphones and durable Lightning cables to a magnetic tripod and even a game controller, there are plenty of products out there that make perfect gifts for iPhone owners.At Insider Reviews, we've tested tons of devices and researched many others. Here's a look at some of the best gift ideas for the iPhone owner in your life, from affordable cases to the Apple Watch. A tripod with MagSafe for shooting steady video on a new iPhone Joby Joby GripTight GorillaPod for MagSafe, available at Joby, $69.95Apple's new iPhone 13 lineup boasts some cool camera features. With a new Cinematic mode and the ability to shift focus in videos, new iPhone owners might want to try shooting their own homemade films. A tripod with MagSafe capabilities is an ideal gift to help amateur filmmakers capture steady shots on their iPhone.Joby's GripTight GorillaPod for MagSafe magnetically attaches to iPhone 12 and 13 models. The unique tripod has two clamps for an even more secure smartphone grip. Gorillapod stands are flexible and help users film from unique angles. A cleaning kit for dirty, finger-smudged screens Amazon Whoosh! Screen Cleaner Kit, available at Amazon, $14.99Fingerprints can easily get all over an iPhone. You can help your gift recipient keep their phone smudge-free with a screen cleaning kit. This bundle from Whoosh! includes a 3.4 ounce bottle, a 0.8 ounce bottle that can fit in pockets, and three microfiber cloths.The cleaner is even alcohol and ammonia free, so you can rest easy that it's safe to use on a phone screen without stripping the factory coating. Apple's MagSafe leather wallet to keep your ID and other cards close Apple Apple iPhone Leather Wallet with MagSafe, available at Apple, $59A stylish leather wallet from Apple will help iPhone 12 and 13 owners get the most out of their device's MagSafe capabilities. The wallet stores three cards and attaches directly to the back of the phone or onto any case compatible with MagSafe.You can find the perfect match for your giftee's iPhone and personality with color options like golden brown, dark cherry, and sequoia green. A PopSockets PopGrip to make handling your phone easier PopSocket PopSockets PopGrip, available at PopSockets, from $8It seems like iPhones get bigger every year, so why not buy a nice sturdy PopSockets PopGrip and save your loved one the pinky strain? These handy grips stick on the back of most iPhone cases with ease and pop out twice to provide excellent grip. Your giftee can even use them to prop up their phone so it stands alone as they watch videos.PopSockets PopGrips come in more patterns, colors, and styles than I can count, so you'll be sure to find one that matches the personality of your loved one. I personally love my PopSockets PopGrip so much that I can't imagine life without it. Apple's tracking device so that you never lose your wallet or keys Lisa Eadicicco/Insider Apple AirTags, available at Apple, $29If the person you're shopping for can't seem to keep track of their belongings, try gifting them an AirTag. The accessory from Apple is a tiny Bluetooth tracker that you can use to keep tabs on belongings like keys, wallets, and bags. But what really distinguishes AirTags from Tile is the fact that it can use nearby iPhones to find your lost items when they're out of Bluetooth range.Unfortunately, you'll need to purchase an accessory to add AirTags to your keychain. But AirTags' ability to leverage other iPhones as a finding network still makes them the most useful Bluetooth trackers for Apple fans. A pair of glasses to make your iPhone's screen easier on the eyes Felix Gray Felix Gray Glasses, available at Felix Gray, $95Whether you're reading work emails, binging Netflix, or playing a game, a pair of blue light filtering glasses can make your phone's screen much easier on the eyes. Felix Gray made a name for itself early on in this space, and it's one of our top choices for blue light filtering specs thanks to the company's relatively affordable prices and stylish designs. Frames start at $95, and they're available in prescription and non-prescription versions. A long, weighted iPhone cable Amazon Native Union Night Cable, available at Amazon, $39.99There are two things wrong with the Lightning cable Apple includes in the box with each new iPhone: The cable is too short and it's too weak. Native Union's Night Cable solves both those problems with a 10-foot-long durable cable that can easily reach to charge your phone.It also has a handy knotted weight on it that you can move up and down the cable to ensure that your iPhone stays on the table while it charges without falling or moving. It's our favorite long iPhone cable. A gorgeous leather case Nomad Nomad iPhone cases, available at Nomad, from $24.95There's nothing better than a leather iPhone case and Nomad makes our favorite ones. Not only are they durable and protective, but the cases are also made with soft Horween leather that ages beautifully. Nomad cases are also easy to clean and maintain, so you don't have to worry if they pick up a little dirt, dust, or debris. We can't recommend these cases enough. A fun case Case-Mate Case-Mate iPhone cases, available at Amazon, from $6.95Case-Mate makes lots of fun iPhone cases, so there's sure to be one that your iPhone fan will like. From sparkly cases and iridescent ones to retro Kodak and camo cases, Case-Mate has a ton of designs. The cases are protective, too, but the prices will vary depending on the case and phone model.  A Bluetooth speaker for listening to music anywhere Amazon Bose SoundLink Revolve+II, available at Amazon, $329With its convenient handle for easy carrying, water resistance, and extra-long battery life, the Bose SoundLink Revolve+ II is a speaker you can truly take anywhere. Those qualities alone makes it a great choice for anyone who loves listening to music on-the-go. But Bose's compact music player also impresses with excellent sound quality and useful features like the ability to take calls and trigger your phone's virtual assistant, making it one of our favorite portable Bluetooth speakers. A wireless charger that can power your iPhone, Apple Watch, and AirPods at once Apple Belkin Boost Charge 3-in-1, available at Apple, $139.95Charging multiple devices can be an annoyance, but that's where devices like Belkin's 3-in-1 dock come in handy. Not only does it wirelessly charge your iPhone, but there's also an Apple Watch dock and charging pad for your AirPods. We've crowned it our favorite charging device for powering up multiple Apple devices, thanks to its sleek design, 4.5-foot power cord, and  90-degree Apple Watch stand placement, which makes it ideal for using the watch in Nightstand Mode. Just be sure that the person you're shopping for has the wireless charging case for their AirPods. Stylish on-ear wireless headphones B&O Bang & Olufsen H4 headphones, available at Amazon, $250.58Bang & Olufsen makes gorgeous wireless headphones that look as great as they sound. They are expensive, but the sound quality, classy design, and stable Bluetooth connectivity make them a great choice — especially for people who have an iPhone 7 or newer without the headphone jack. An affordable smart watch Lisa Eadicicco/Business Insider Apple Watch SE, available at Best Buy, starting at $279Just about every iPhone owner will love to have an Apple Watch, so this is really a fail-safe gift. Although it's not as advanced as the brand-new Apple Watch Series 7, the Apple Watch SE has most of the features people want for less. It can track fitness metrics, keep tabs on heart rate and health, go swimming, buzz with notifications, and so much more. It's a true companion to the iPhone for an affordable price. A dedicated iPhone gaming controller Amazon SteelSeries Nimbus+ for iOS and Apple TV, available on Amazon, $59.99For the mobile gamer in your life, chances are they'd appreciate some dedicated controls for their favorite games. As excellent as Apple's touchscreens may be, they just don't compare to buttons and joysticks for games. A controller like the SteelSeries Nimbus+, which was designed specifically for Apple devices, should make gaming on the iPhone feel much more console-like. An effective waterproof case Lifeproof Lifeproof Fré Case, available at Amazon, $49.99-$89.99If your loved one lives a life aquatic — or is just a lovable klutz — they need the Lifeproof Fré iPhone case. This case is fully submersible in water that's up to 6.6 feet (2 meters) deep for one hour. It's also fully sealed with its built-in screen protector and port covers, so it's safe from the elements.These waterproof cases are currently available for the iPhone 6 through the iPhone 12. On the Lifeproof product pages, you can sign up to be notified when iPhone 13 sizes become available. A pair of touchscreen gloves so that you can keep using your iPhone in the cold The North Face North Face Etip Gloves, available at North Face in men's and women's sizes, $45Whether you're in the car or out for a walk this winter, these gloves from North Face are a great choice for anyone that wants to keep their phone handy on-the-go. We love these gloves because they have a natural fit and allow you to use your phone with any finger, not just your index finger or thumb.  A fast charger and USB-C-to-Lightning cable Belkin Belkin USB-C-to-Lightning Cable, available at Amazon, $13.08Belkin USB-C Wall Adapter, available at Amazon, $16.99With Belkin's USB-C-to-Lightning Cable and USB-C Wall Adapter, anyone who has a newer iPhone can take advantage of faster charging speeds. The cable is also durable and well made, plus, it's MFi certified by Apple to be safe. An easy, durable screen protector InvisibleShield InvisibleShield Screen Protectors, available at Zagg, from $39.99It's so easy to scratch or crack a phone screen by accident, so we recommend picking up a screen protector as a small, practical gift. Zagg is famous for its screen protectors because they are durable, easy to apply, and some offer special features like blue light blocking and privacy shields. Price and availability may vary depending on which iPhone model you're shopping for. Screen protectors for newer iPhones are typically more expensive.  The most ubiquitous wireless earbuds Hollis Johnson/Business Insider Apple Airpods, available at Amazon, $129.00Although there are true wireless earbuds that sound better, Apple's Airpods are among the best you can buy because they are just so simple and easy to use with an iPhone. They pair effortlessly, never lose connection, and they come in a wirelessly charging case that charges them. Apple's ultimate AirPods Crystal Cox/Business Insider Apple AirPods Pro, available at Amazon, $179.00For those that either have more expensive taste or want the absolute best and latest Apple tech, whoever you're gifting will definitely appreciate the AirPods Pro — especially for its water resistance and active noise cancelling, neither of which the traditional AirPods have. A portable battery pack Simon Hill/Business Insider Elecjet PowerPie Battery pack, available at Amazon, $49.99Although iPhone battery life has improved markedly over the years, it's still a good idea to have a portable battery pack on hand for charging emergencies. Elecjet makes our favorite battery pack with its 20,000mAh of capacity that can charge up iPhones, tablets, and even laptops. A camera lens for capturing unique shots Moment Moment Fisheye 14mm Lens, available at Moment, $129.99Our iPhones already have excellent cameras, but nothing beats having a dedicated lens. Moment's Fisheye 14mm Lens lets you shoot images from a wider 170-degree perspective than you'd normally be able to get, even on the iPhone 12 series, which has an ultra-wide lens with a 120-degree field of view. We recommend the Fisheye lens because it offers a perspective that you can't already get with the iPhone. However, Moment's lenses are expensive and they require a compatible case from the company to work, so we'd only suggest this if you're buying for someone who truly loves photography, especially street photography. A clever way to expand storage SanDisk SanDisk iXpand Flash Drive 64GB for iPhone, available at Amazon, $20.98There is nothing worse than running out of storage on your iPhone or struggling to transfer photos and files from your phone to your laptop. SanDisk's iXpand Flash Drive for iPhone solves both problems with an elegant solution that works effortlessly.The drive has a regular USB-A end that will fit in most laptops and a lightning end that fits all iPhones so you can offload files and transfer them back and forth. It's great for extra photo storage. A portable photo printer Lifeprint Lifeprint 3 x 4.5 Portable Photo and Video Printer, available at Amazon, $129.99Although sharing digital photos is fun, sharing physical photos is wonderful. Lifeprint's portable photo printer can reproduce high-quality photos on special photo paper in a 3-by-4.5-inch size that's perfect for sharing.You can do lots of fun things with the app, too, and make your Live iPhone photos come to life as animated GIFs as you hold your phone above the printed photo. Lifeprint's printers can communicate with each other, too, so if both you and your loved one have a Lifeprint printer, you can send photos to print at each other's printers. A straight-up fitness tracker Fitbit Fitbit Charge 4, available at Best Buy, $129.99When it comes to fitness trackers, Fitbit is the most well-known brand and the Charge 4 is an excellent gift for iPhone owners who want to get and stay fit. An effective and reliable car mount iOttie iOttie Easy One Touch 5 Air Vent Car Mount Phone Holder, available at Amazon, $24.95Driving without a car mount for your phone is a recipe for disaster, but luckily, you can get your loved one a phone mount like this one from iOttie for a great price. It adjusts to fit any iPhone and it'll fit in any car's air vent. It's easy to angle any which way so you can see the phone properly when you drive. It's a godsend for when you need GPS for driving directions. Read the original article on Business Insider.....»»

Category: topSource: businessinsiderOct 7th, 2021

Let"s Take Some Profits

Sometimes it's a good idea to sell some shares. Alright. We’ve seen a bit of upside after days of disappointment in the stock market. And of course, as is often the case, it was helped by big tech. So one question we’re probably asking ourselves is whether there’s more upside waiting to happen. Or whether we’re into a downward trend in shares.Because while things could improve in the final months of the year, and we all hope that they do, the fact remains that there are a whole lot of challenges this year. We can’t just wish away the inflation, which is front and center of the problems we have right now, or the fact that soaring energy prices and rising input costs continue to drive it.  The energy crisis isn’t going away any time soon either. Nor are the ships standing in cue on the west coast. Nor the driver crisis in the trucking market. So inflation is going to be longer-lived than expected just a couple of months earlier.And then there’s the debt ceiling. No matter what is decided today, debating will only serve to raise it, allowing the government to continue spending (including on more free money), which will have the effect of increasing demand and therefore contribute to incremental inflation.On the other hand, the government can’t default, so the ceiling will have to be raised.And as if that wasn’t enough, this earnings season is expected to be less spectacular than the last as we anniversary last year’s bounce-back.While I have been bullish on the market through most of the year, my expectations for the rest of the year are tempered by these concerns. That’s despite the bump-up we usually get from the holiday season.  So I have been looking for stocks that appear to be losing steam because now’s as good a time as any to take some profits. Because just in case market reaction to earnings is more positive than currently expected, that cash could be put to use quickly.I’ve partly relied on the Zacks stock ranking system, the direction of price movement, as well as the direction estimates are moving-Bluerock Residential Growth REIT, Inc. BRGBluerock develops and acquires a diversified portfolio of institutional-quality highly-amenitized apartment communities for live/work/play in attractive knowledge economy growth markets in the Sun Belt preferred by renters.As more companies increasingly set up offices in the sun belt, the demand for rental accommodation in the region has increased. This has led to great opportunities for companies like Bluerock.The Zacks Rank #4 (Sell) company is highly leveraged with a debt-cap ratio of 74% and 79% of its shareholders equity in preferred stock. So it is has a lot of payments to make. And despite the increase in the average occupancy and rental rates this year, that improved operating profits and margins, Earnings Before Interest, Taxes, Depreciation and Amortization for Real Estate (“EBITDAre”) declined.Management recently decided to consider its options including a sale of the company or its recapitalization, which sent its shares up. In fact, the shares had a roller coaster ride this year, but since this announcement last month, they have shot up. It doesn’t look like the shares have much more room to run, so it’s probably a good idea to offload them now.The company’s estimates have also edged lower in the last 60 days and while it does have a good history of positive surprises, the price response hasn’t been too exciting.Spectrum Brands Holdings Inc. SPBSpectrum Brands is a global consumer products company with a portfolio of leading brands in product categories like residential locksets, plumbing, electric shaving and grooming products, personal care products, small household appliances, specialty pet supplies, lawn and garden and home pest control products and repellents. It operates in 160 countries.In September, the company decided to divest its Hardware & Home Improvement (HHI) segment to Swedish lock maker ASSA ABLOY in a cash deal worth $4.3 billion. The proceeds from the sale of this fast-growing business were intended to pay down its debt (debt-cap ratio is quite high at 63.9%) and strengthen its balance sheet. The HHI segment, which includes security, plumbing and hardware products, accounts for a third of its revenues.This comes at a time when the Zacks Rank #5 (Strong Sell) company is also seeing increased inflationary pressures from higher transportation and commodity costs.These factors have contributed to the 41-cent reduction in its 2021 (ending September) estimate and $1.85 reduction in its 2022 estimate in the last 30 days.The shares shot up after the divestiture announcement and are now trading at a P/E multiple that’s very close to their annual high. It doesn’t look like there’s further upside potential at the moment.Also, while prices do appear to be positively correlated with earnings surprises, both positive and negative, the response is usually muted. So there shouldn’t be a major impact on prices, even if the company manages a positive surprise.Metropolitan Bank Holding Corp. MCBMetropolitan Bank Holding Corp. is the holding company for Metropolitan Commercial Bank, The Entrepreneurial Bank. The company is a chartered commercial bank which provides deposits, small business lending, trade finance, cash management solutions, specialty markets, personal checking, savings, electronic banking and prepaid cards. It operates primarily in Manhattan, Boro Park, Brooklyn and Great Neck, Long Island.The shares have responded positively to both the earnings announcement in July and the public offering of 2,300,000 shares of its common stock. The proceeds from the shares will be used for the repayment or redemption of outstanding debt, or share repurchases, or investments in the Bank, as regulatory capital or otherwise, ongoing operations, interest and dividend payments and possible acquisitions of businesses or assets.As a result, shares of this Zacks Rank #5 company have appreciated 43.4% in the last three months. However, it appears that they are treading water right now.The Zacks Rank #5 company’s estimates are also on a decline: the 2021 estimate is down 38 cents while the 2022 estimate is down $1.28.3-Month Price PerformanceImage Source: Zacks Investment Research Zacks’ Top Picks to Cash in on Artificial Intelligence This world-changing technology is projected to generate $100s of billions by 2025. From self-driving cars to consumer data analysis, people are relying on machines more than we ever have before. Now is the time to capitalize on the 4th Industrial Revolution. Zacks’ urgent special report reveals 6 AI picks investors need to know about today.See 6 Artificial Intelligence Stocks With Extreme Upside Potential>>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Bluerock Residential Growth REIT, Inc. (BRG): Free Stock Analysis Report Spectrum Brands Holdings Inc. (SPB): Free Stock Analysis Report Metropolitan Bank Holding Corp. (MCB): Free Stock Analysis Report To read this article on click here. Zacks Investment Research.....»»

Category: topSource: zacksOct 6th, 2021

Cathie Wood Is Moving ARK Invest To Florida And Opening A Tech Company Incubator

Cathie Wood Is Moving ARK Invest To Florida And Opening A Tech Company Incubator Cathie Wood is taking her show on the road. ARK Investment Management LLC announced in a Wednesday press release that it was going to be moving its headquarters to Florida effective November 1, 2021. The company also said, after the move, it will be breaking ground on the "ARK Innovation Center". The purpose of the facility is to "retain and attract top talent by supporting entrepreneurs and tech startups in St. Petersburg and the Tampa Bay region," according to the release.  "ARK believes that its relocation and the Center will advance its business as it scales and continues to redefine the asset management industry, and will increase collaboration between and among the communities focused on innovation at the local and national levels," the press release read. Cathie Wood commented: "We are thrilled to relocate our corporate headquarters to St. Petersburg, Florida, as we believe the Tampa Bay region's talent, innovative spirit, and quality of life will accelerate our growth initiatives." "ARK is not a traditional Wall Street asset management firm, and we are looking forward to breaking the mold further by relocating to St. Petersburg, a city investing in technology, science, and innovation. Our relocation and the ARK Innovation Center will allow us to be more innovative and to impact the broader community while shining a spotlight on the technological advances and creativity permeating the Tampa Bay region," she continued. Jana Haines, ARK's Chief Strategy Officer, added: "Tampa has been recognized as the top emerging technology city in the US and the broader area including St. Petersburg is among the top metro areas for STEM professionals. It offers a vast network of companies, universities, incubators, entrepreneurs, and many others dedicated to advancement." The press release said that the ARK Innovation Center would be open by 2023 and could generate revenue of $127 million by 2026: The incubator, designated as ARK Innovation Center, is scheduled to open in July 2023 and will be located on 2.5 acres donated by the City of St. Petersburg at 4th Street and 11th Avenue South in the Innovation District. By 2026, the 45,000-square-foot building is expected to impact the county by $28 million thanks to the 1,265 direct and indirect jobs expected. Moreover, its clients and graduates are expected to generate $127 million in annual revenue. J.P. DuBuque, President & CEO of the St. Petersburg Area Economic Development Corporation concluded: "ARK represents the community of innovators and disruptors thriving in St. Pete, particularly in the financial sector. We are incredibly proud that ARK has chosen not only to join us but to invest in the St. Pete community." Tyler Durden Wed, 10/06/2021 - 13:41.....»»

Category: dealsSource: nytOct 6th, 2021

Here"s everything Biden has done so far to address the $1.7 trillion student debt crisis

From extending the student-loan payment pause to cancelling student debt for some borrowers, here's everything Biden has done on student debt to date. Since Biden took office, he's taken a number of actions to address the $1.7 trillion student-debt crisis. They include cancelling debt for borrowers with disabilities and extending the payment pause on loans. Democrats are pushing for him to cancel $50,000 in student debt per person, which the DOJ is reviewing. See more stories on Insider's business page. Forty-five million Americans have a $1.7 trillion student-debt burden in the country. And many of them, alongside Democrats and advocates, want President Joe Biden to forgive $50,000 of their debt.He hasn't done that yet, but the president has taken steps to lessen the burden and provide relief during the pandemic.As one of his first actions in office, Biden extended the pause on student-loan payments through September, coupled with zero growth in interest, to ensure borrowers suffering financially would not have to worry about paying off their loans. That is now running through January 2022.Since then, Education Secretary Miguel Cardona has cancelled billions in student debt for borrowers with disabilities and borrowers defrauded by for-profit schools. He's also started conducting reviews of student loan forgiveness programs that don't work as they should.But Democrats want Biden to do more.They have been keeping the pressure on the president to cancel $50,000 in student debt per person using his executive authority. Biden has expressed hesitancy to do so, and although he has asked the Education and Justice Departments to review his executive abilities to wipe out that debt, Democrats remain adamant that he can, and should, cancel student debt immediately with the flick of a pen."Student loan cancellation could occur today," Massachusetts Sen. Elizabeth Warren told Insider. "The president just needs to sign a piece of paper canceling that debt. It doesn't take any act of Congress or any amendment to the budget."Detailed below is everything Biden has done to date to confront the student debt crisis: Extended the pause on student-loan payments Evan Vucci/AP On his first day in office, Biden asked the Education Department to extend the pause on federal student loan payments through September 30, following Education Secretary Betsy DeVos' extension of it through the end of January 2020. This was accompanied by a 0% interest rate during that time period.National Economic Council Director Brian Deese said at the time that the extension would alleviate burdens on many households. "In this moment of economic hardship, we want to reduce the burden of these financial trade-offs," Deese said.This extension, however did not apply to the more than 7 million borrowers with loans held by private companies. In August, nearly two months before the pause was set to expire, Education Secretary Miguel Cardona announced the pause would be extended through January 31, 2022. This is the fourth extension of the pause during the pandemic, and Cardona said in a statement that it will be the "final" one."The payment pause has been a lifeline that allowed million of Americans to focus on their families, health, and finances  instead of student loans during the national emergency," Cardona said.The announcement of the extension was welcomed by many Democrats and advocacy groups who have been pushing for additional student debt relief for borrowers. Expanded the scope of the student loan payment pause Reuters/Andrew Burton Biden's payments pause on student loans initially only applied to borrowers with federal loans, meaning those with privately-held loans had to continue making payments during the pandemic.But on March 29, Cardona expanded the scope of that pause to apply to loans under the Federal Family Education Loan (FFEL) Program, which are privately held. This helped 1.14 million additional borrowers. The FFEL Program ended in 2010, but according to Education Department data, 11.2 million borrowers still have outstanding FFEL loans totaling over $248 billion. And while the department acquired some of the outstanding FFEL loans, many are still privately owned and were not affected by the earlier pause on federally owned student loan payments.According to a press release, any FFEL borrower who made a payment in the past year will have the option to request a refund.  Asked the Justice and Education Departments to review his authority to cancel student debt REUTERS / Jonathan Ernst At a CNN town hall in February, Biden said he doesn't have the executive authority to cancel up to $50,000 in student debt per person, but said he is prepared to cancel $10,000 — something he campaigned on. The same month, White House Press Secretary Jen Psaki told reporters that Biden will ask the Justice Department to review his legal authority to cancel $50,000 in student debt. Biden's administration has not yet commented on the status of the Justice Department's review.However, Insider reported that he has yet to deliver on that campaign promise, and while Biden said he would support legislation brought to him to cancel $10,000 in student debt, Democrats argue that legislation takes too long, and the president can cancel debt immediately using his executive authority."We have a lot on our plate, including moving to infrastructure and all kinds of other things," Warren said in a February press call. "I have legislation to do it, but to me, that's just not a reason to hold off. The president can do this, and I very much hope that he will."And White House Chief of Staff Ron Klain told Politico in April that Biden had asked Cardona to create a memo on the president's legal authority to forgive $50,000 in student loans per person.Biden will "look at that legal authority," Klain said. "He'll look at the policy issues around that, and he'll make a decision. He hasn't made a decision on that either way, and, in fact, he hasn't yet gotten the memos that he needs to start to focus on that decision." Reversed a DeVos methodology for determining loan forgiveness Secretary of Education Betsy DeVos. Alex Wong/Getty Images On March 18, Cardona reversed a Trump-era policy that gave only partial relief to defrauded students.The debt-cancellation methodology, known as the "borrower defense to repayment" — approved by Education Secretary Betsy DeVos — compared the median earnings of graduates with debt-relief claims to the median earnings of graduates in comparable programs. The bigger the difference, the more relief the applicant would receive.But compared to a 99.2% approval rate for defrauded claims filed under President Barack Obama, DeVos had a 99.4% denial rate for borrowers and ran up a huge backlog of claims from eligible defrauded borrowers seeking student debt forgiveness.Cardona said that process did not result in appropriate relief determination and needed to be reversed, and a judge recently ruled that DeVos must testify over why so few borrowers were approved for loan forgiveness. Cancelled student debt for some defrauded borrowers Nirat.pix/Getty Images So far, Cardona has cancelled over $2.6 billion in student debt for borrowers defrauded by for-profit schools.For-profit institutions that shut down years ago, such as Corinthian Colleges and ITT Technical Institutes, were accused of violating federal law by persuading their students to take out loans, and Cardona's new policy helped approximately 72,000 of those students receive $1 billion in loan cancellation in March."Borrowers deserve a simplified and fair path to relief when they have been harmed by their institution's misconduct," Cardona said in a statement. "A close review of these claims and the associated evidence showed these borrowers have been harmed and we will grant them a fresh start from their debt."On June 16, Cardona cancelled student debt for 18,000 additional borrowers defrauded by ITT Technical Institutes, totaling to about $500 million in debt relief.The Education Department announced in a press release that 18,000 borrowers who attended ITT Tech will get 100% of their student debt forgiven, and the department will begin notifying borrowers of their approvals for loan forgiveness in the coming weeks and will work quickly to discharge those borrowers' loan balances."Our action today will give thousands of borrowers a fresh start and the relief they deserve after ITT repeatedly lied to them," Cardona said in a statement.An additional 115,000 defrauded ITT borrowers got $1.1 billion in student debt relief on August 26, applicable for those who did not complete their degree and left ITT on or after March 31, 2008.And in the first time since 2017 that borrower defense claims have been approved for borrowers outside of ITT Tech, Corinthian Colleges, and American Career Institute, on July 9, Cardona cancelled student debt for 1,800 borrowers who attended the for-profit schools Westwood College, Marinello Schools of Beauty, and the Court Reporting Institute. Cancelled student debt for some borrowers with disabilities Getty Images / Dan Kitwood On March 29, Cardona cancelled $1.3 billion of student debt for about 41,000 borrowers with disabilities.He also waived an Obama-era requirement for those borrowers to submit documentation during a three-year monitoring period to verify that their incomes did not exceed the poverty line of $12,880 annually for a single person.A 2016 report from the Government Accountability Office found that 98% of reinstated disability discharges occurred because borrowers did not submit the required documentation — not because their incomes were too high."Borrowers with total and permanent disabilities should focus on their well-being, not put their health on the line to submit earnings information during the COVID-19 emergency," Cardona said in a statement. "Waiving these requirements will ensure no borrower who is totally and permanently disabled risks having to repay their loans simply because they could not submit paperwork."But experts said this action did not make up for the significant number of borrowers who never received loan forgiveness simply due to paperwork."Today's announcement is not cause for celebration but rather for outrage," Persis Yu, the director of the Student Loan Borrower Assistance Project at the National Consumer Law Center, said in a statement at the time. "It is scandalous that the Department revoked the loan discharges for 41,000 borrowers with total and permanent disabilities due to paperwork issues during a pandemic."Then, on August 19, Cardona wiped out student debt for 323,000 additional borrowers with disabilities, resulting in $5.8 billion in student-debt relief, and he "indefinitely" waived the requirement to provide proof of income."We've heard loud and clear from borrowers with disabilities and advocates about the need for this change and we are excited to follow through on it," Cardona said. "This change reduces red tape with the aim of making processes as simple as possible for borrowers who need support."Cardona also said the department will consider further waiving the three-year monitoring period. Started a review of student-loan forgiveness programs Suzanne Kreiter/The Boston Globe via Getty Images On May 24, the Education Department announced it is beginning the process of issuing new higher education regulations, mainly concerning student debt-forgiveness programs. The first step of the process will be through holding hearings in June to receive feedback on "regulations that would address gaps in postsecondary outcomes, such as retention, completion, student loan repayment, and loan default," according to a press release.The department will also seek comments on rules regarding student loan forgiveness for borrowers in public service and borrowers with disabilities, among other things.The main topics the department plans to address concern the methods for forgiving debt for defrauded borrowers and borrowers with disabilities, along with looking into the Public Service Loan Forgiveness (PSLF) program, which has rejected 98% of eligible borrowers. Forbes reported that the process to implement new rules could be lengthy, though. After the hearings in June, there will be "negotiated rulemaking," during which stakeholders meet with the department to review proposed regulations, and it could take a year or longer until changes are implemented. Biden's regulatory agenda also included plans to review loan forgiveness programs, but Insider reported on June 15 that details for those reviews remain unclear, and an Education Department spokesperson told Insider there is not yet a timeline for when improvements will be implemented.  Waived interest on student loans for service members Members of the United States Marine Corps stand listening to the 45th President Donald J. Trump's address of the crowd for the opening ceremony of the New York City 100th annual Veterans Day Parade and wreath-laying at the Eternal Light Flag Staff. Ira L. Black/Corbis via Getty Images The Education Department announced on August 20 that 47,000 former and active-duty service members will get the interest on their student loans retroactively waived.The relief will happen automatically, removing the requirement for service members to make individual requests to access the benefit, which, according to the press release, will make service members eight times more likely to receive the benefit than in 2019."Brave men and women in uniform serving our country can now focus on doing their jobs and coming home safely, not filling out more paperwork to access their hard-earned benefits," FSA Chief Operating Officer Richard Cordray said in a statement. "Federal Student Aid is grateful for our strong partnership with the Department of Defense, and we will seek to reduce red tape for service members wherever possible."Service members deployed to areas that qualify them for "imminent danger or hostile fire pay," according to the Higher Education Act, should not accrue interest on student loans that were first disbursed on or after October 1, 2008. But since the process was not previously automated, only a small proportion of eligible service members were able to access the benefit, with only about 4,800 of them getting relief in 2019. Overhauled a student-loan forgiveness program for public servants Andreas Rentz/Getty Images The Education Department on October 6 announced a major overhaul of the Public Service Loan Forgiveness (PSLF) program. It's supposed to wipe out student debt for public servants after 120 qualifying monthly payments, but to date it has rejected 98% of applicants due to deep flaws within the program.According to the department's press release, it will implement a limited-time waiver through October 31, 2022, that will allow borrowers to count payments from any federal loan programs or repayment plans toward loan forgiveness through PSLF, including programs and plans that were not previously eligible.The department said this waiver alone would bring 550,000 borrowers closer to student-debt relief automatically, including 22,000 borrowers who will be immediately eligible for relief without any action on their part, totaling $1.74 billion in forgiveness. An additional 27,000 borrowers could also qualify for $2.82 billion in forgiveness if they certify additional periods of employment."Borrowers who devote a decade of their lives to public service should be able to rely on the promise of Public Service Loan Forgiveness," Education Secretary Miguel Cardona said in a statement. "The system has not delivered on that promise to date, but that is about to change for many borrowers who have served their communities and their country."Other changes, to be rolled out in the next few months, include making payments easier to qualify for the program and reviewing denied applications and correcting errors. Read the original article on Business Insider.....»»

Category: topSource: businessinsiderOct 6th, 2021

Delta is months away from debuting its new $3.9 billion terminal at New York"s LaGuardia Airport with 37 gates and its largest lounge ever

Insider toured the terminal with Delta executives and saw how New York City's smallest commercial airport is finally nearing the end of its infamous era. Touring Delta Air Lines' new terminal at LaGuardia Airport. Thomas Pallini/Insider Delta Air Lines is two years ahead of schedule on its new terminal construction at New York's LaGuardia Airport. A new arrivals and departures hall, the largest-ever Delta Sky Club, and the second of four concourses concourse will open in spring 2022. The 1.3 million-square-foot terminal will feature 37 gates when complete in 2024. See more stories on Insider's business page. LaGuardia Airport is continuing to shed its reputation with ongoing construction projects nearing completion and already yielding results. As soon as work is completed on one airport improvement, another is ready just a few months later. AP During the pandemic alone LaGuardia saw the addition of a new Terminal B arrivals and departures hall, as well as a new American Express Centurion Lounge. Thomas Pallini/Business Insider LaGuardia Airport took the wraps off Terminal B in June 2020 — take a closer look. But just a few hundred feet away from Terminal B, the largest carrier at LaGuardia is getting ready to unveil the first stage of a new terminal of its own. Touring Delta Air Lines' new terminal at LaGuardia Airport. Delta Air Lines Delta Air Lines has been constructing a replacement for its existing Terminals D and C at LaGuardia. While not yet passenger-ready, the airline is estimating that work is 80% complete with the opening of the arrivals and departures hall and the second of four concourses slated for spring 2022. A rendering of the new Delta Air Lines terminal at LaGuardia Airport. Delta Air Lines Insider went behind the scenes at LaGuardia's soon-to-be newest terminal that's priced at $3.9 billion. Here's what travelers can expect. Thomas Pallini/Insider Our tour of the new started with a glimpse of the old: the 1980s era Terminal D that Delta has called home at LaGuardia since its merger with Northwest Airlines in 2007. The Delta Air Lines terminal at LaGuardia Airport. Thomas Pallini/Insider It's a far cry from Delta's more modern hubs in Atlanta, Salt Lake City, and even just down the road at New York's John F. Kennedy International Airport. The Delta Air Lines terminal at LaGuardia Airport. Thomas Pallini/Insider Salt Lake City airport opened its massive new terminal where passengers journey through a massive canyon-themed art installation to get to their gate in September 2020 – see inside Despite the space constraints for which LaGuardia is infamous, Delta will come away with a single terminal that's more than double the size of its existing two buildings. Terminal C will cover 1.3 million square feet compared to the combined 650,000 square feet of Terminals C and D. Touring Delta Air Lines' new terminal at LaGuardia Airport. Thomas Pallini/Insider The extra square footage gives Delta 37 jetway-equipped gated as opposed to 29 jetway gates and four remote gates between the two existing terminals. Touring Delta Air Lines' new terminal at LaGuardia Airport. Thomas Pallini/Insider The COVID-19 pandemic allowed Delta to speed up construction on the $3.9 billion terminal, moving up the timeline from mid-2026 to the end of 2024. Touring Delta Air Lines' new terminal at LaGuardia Airport. Thomas Pallini/Insider Construction never stopped during the pandemic, not even during our visit. Delta is the general contractor on the project, allowing the airline to work directly with contractors and labor unions for more hands-on direction. Touring Delta Air Lines' new terminal at LaGuardia Airport. Thomas Pallini/Insider "This terminal is going to be extremely sophisticated with beautiful finishes," Ryan Marzullo, Delta's managing director, New York construction, told reporters. And part of that sophistication is making it easier for travelers to check-in and head straight to the security checkpoint. Touring Delta Air Lines' new terminal at LaGuardia Airport. Thomas Pallini/Insider "Everywhere you enter the building, you can check-in, you can drop your bag, and go straight to the checkpoint," Marzullo said. Touring Delta Air Lines' new terminal at LaGuardia Airport. Thomas Pallini/Insider Two roadways on the departures level will let travelers choose how they enter the terminal. No matter where passengers are dropped off, however, they'll have access to full-service and self-service kiosks. Touring Delta Air Lines' new terminal at LaGuardia Airport. Delta Air Lines Once in the terminal, the security screening checkpoint is located on the third floor. It's the highest point in the terminal that passengers will go to unless they have Sky Club lounge access or want to use the planned outdoor space. Touring Delta Air Lines' new terminal at LaGuardia Airport. Thomas Pallini/Insider Large LED screens above the security screening checkpoint will help illuminate the terminal, undoubtedly with branding, messaging, and advertising. Touring Delta Air Lines' new terminal at LaGuardia Airport. Thomas Pallini/Insider The consolidated security checkpoint below will feature 11 screening lanes, including dedicated lanes for the TSA's PreCheck program. Touring Delta Air Lines' new terminal at LaGuardia Airport. Thomas Pallini/Insider While there will technically be fewer lanes than in both current terminals combined, Delta is investing in new screening technology to quickly process passengers. Clear biometric kiosks will also be available for enrolled passengers to use. Touring Delta Air Lines' new terminal at LaGuardia Airport. Thomas Pallini/Insider After security, passengers will have a large open space in which they can reassemble their belongings before heading to the gate. They'll also be greeted by floor-to-ceiling windows overlooking the tarmac below. Touring Delta Air Lines' new terminal at LaGuardia Airport. Thomas Pallini/Insider Before heading to the gates, eligible passengers will have the option of ascending to the Delta Sky Club through a mix of escalators and elevators located immediately after the security checkpoint. Touring Delta Air Lines' new terminal at LaGuardia Airport. Thomas Pallini/Insider The Sky Club will be the largest in Delta's network, a title that currently belongs to the airline's Salt Lake City location, offering passengers more than 30,000 square feet of food, drinks, and armchairs while waiting for a flight. Touring Delta Air Lines' new terminal at LaGuardia Airport. Thomas Pallini/Insider Two full-service bars and food service areas will be available to passengers to prevent congestion and make it easier for passengers to access food and drink regardless of where they're sitting. Salt Lake City has a similar setup. Touring Delta Air Lines' new terminal at LaGuardia Airport. Thomas Pallini/Insider Two outdoor patios will be available once the terminal is complete. One will be available to Sky Club patrons while the other will be open to all passengers. Touring Delta Air Lines' new terminal at LaGuardia Airport. Thomas Pallini/Insider Depending on when they open, the outdoor patios may be the only outdoor space at LaGuardia. Terminal B has plans to create an outdoor area but that hasn't yet come to fruition. Touring Delta Air Lines' new terminal at LaGuardia Airport. Thomas Pallini/Insider Smart glass also prevents the need for window shades as it automatically tints, preventing heat from moving through the glass and warming the lounge and terminal. Touring Delta Air Lines' new terminal at LaGuardia Airport. Thomas Pallini/Insider This won't be the only Sky Club at the airport, however, as another location will be available in one of the concourses. Touring Delta Air Lines' new terminal at LaGuardia Airport. Thomas Pallini/Insider Down below, Delta is working to solve the problem of aircraft congestion on the terminal's taxi lanes and alleyways. Touring Delta Air Lines' new terminal at LaGuardia Airport. Thomas Pallini/Insider Dual taxi lanes will be constructed in between concourses. Multiple planes can be taxing in and out of an alleyway without having to stop and wait if, say, one aircraft is still pushing back from its gate. Touring Delta Air Lines' new terminal at LaGuardia Airport. Thomas Pallini/Insider But beyond just the pure number of flights, the key factor for Delta is to increase the size of aircraft operating in and out of LaGuardia. Touring Delta Air Lines' new terminal at LaGuardia Airport. Thomas Pallini/Insider Aircraft as large as the Boeing 767 will be able to use the terminal but the gates are intended for aircraft as large as the Airbus A321 and Boeing 737-900ER. All gates can accommodate the 737-900ER while more than half can accommodate the A321. Touring Delta Air Lines' new terminal at LaGuardia Airport. Thomas Pallini/Insider Two gates can accommodate a Boeing 767, which is really in the event of an unscheduled diversion as LaGuardia doesn't currently see any aircraft larger than an A321 on a regular basis. Touring Delta Air Lines' new terminal at LaGuardia Airport. Thomas Pallini/Insider The terminal will also have de-icing capabilities, allowing Delta aircraft to reduce winter delays. And there will be no tow-in gates, where aircraft have to be literally towed into a gate instead of using their own power. Touring Delta Air Lines' new terminal at LaGuardia Airport. Thomas Pallini/Insider At the time of our visit in August, Delta was operating 133 daily departures to 51 destinations and planning to grow to more than 150 daily departures in September. Touring Delta Air Lines' new terminal at LaGuardia Airport. Thomas Pallini/Insider The maximum number of flights Delta can fly in and out of LaGuardia per its slot agreement is 275. The new terminal is more than capable of handling that number. Touring Delta Air Lines' new terminal at LaGuardia Airport. Thomas Pallini/Insider Delta and Canada's WestJet will also be the only two airlines using the new terminal. Frontier Airlines and Spirit Airlines are planning to move back to Terminal B once construction is completed there. Touring Delta Air Lines' new terminal at LaGuardia Airport. Thomas Pallini/Insider Back inside the terminal, passengers exiting or not visiting the Sky Club will either go left or right down a connector hallway to their concourse after clearing security. Touring Delta Air Lines' new terminal at LaGuardia Airport. Thomas Pallini/Insider Marzullo said that from the curb to the furthest gate is only a 12 to 15-minute walk, plus the time it takes to clear security. Walking to closer gates is only a 5 to 7-minute walk. Touring Delta Air Lines' new terminal at LaGuardia Airport. Thomas Pallini/Insider Underneath the security checkpoint level is a long service corridor that runs the length of the terminal. Passengers will never see it. Touring Delta Air Lines' new terminal at LaGuardia Airport. Thomas Pallini/Insider Delta affectionately refers to it as the "Disneyland" as it's intended for workers to move across the terminal without being seen by passengers. Touring Delta Air Lines' new terminal at LaGuardia Airport. Thomas Pallini/Insider What customers also won't see is the maze of conveyor belts feeding checked luggage through security scanners and eventually onto cars where they'll be brought to awaiting aircraft. Touring Delta Air Lines' new terminal at LaGuardia Airport. Thomas Pallini/Insider Walkway bridges will meet both ends of the connector hallway to unite the headhouse with the concourses. Moving walkways will be available in each direction. Touring Delta Air Lines' new terminal at LaGuardia Airport. Thomas Pallini/Insider Aircraft cannot, however, taxi under these walkway bridges as they can at Terminal B. Delta is focusing on dual taxi lanes instead to reduce congestion. Touring Delta Air Lines' new terminal at LaGuardia Airport. Thomas Pallini/Insider Each concourse will have a variety of dining options, with eateries like Starbucks already lined up. Touring Delta Air Lines' new terminal at LaGuardia Airport. Thomas Pallini/Insider The final step for departing passengers is descending into the concourse where departure gates await. Touring Delta Air Lines' new terminal at LaGuardia Airport. Thomas Pallini/Insider Travelers can already get a glimpse at what to expect from the new terminal as the first of four concourses has already opened. Concourse G, as it's known. Delta Air Lines new Concourse G at LaGuardia Airport. Delta Air Lines Delta plans to use Concourse G primarily for shuttle flights to Chicago, Boston, and Washington, DC. Touring Delta Air Lines' new terminal at LaGuardia Airport. Thomas Pallini/Insider Just like in Terminal B, passengers arrive in the terminal quite high up and work their way up before eventually descending to the gates. Check-in is on level two, security checkpoint is on level three, the Sky Club is on level four, and the gates are on level two. Touring Delta Air Lines' new terminal at LaGuardia Airport. Thomas Pallini/Insider Those visiting the Sky Club on the highest level of the terminal will have ascended at a height of between 80 and 90 feet before heading back down nearly to ground level. Touring Delta Air Lines' new terminal at LaGuardia Airport. Thomas Pallini/Insider Controlling aircraft movements will be a virtual ramp tower located in Concourse F as part of an integrated command center. Ramp controllers will use cameras to monitor aircraft, which Delta says will give them a better view of the airfield than they have currently. Touring Delta Air Lines' new terminal at LaGuardia Airport. Thomas Pallini/Insider A station for the proposed LaGuardia Airport AirTrain is not currently included in construction plans and likely won't make its debut next year. But that doesn't mean the terminal isn't planning ahead. Touring Delta Air Lines' new terminal at LaGuardia Airport. Thomas Pallini/Insider If the LGA AirTrain is approved, a station will be located above a connector between the terminal building and the parking garage. Current construction plans are factoring in that possibility, despite the uncertainty surrounding the project and the recent shift in New York state government. Touring Delta Air Lines' new terminal at LaGuardia Airport. Thomas Pallini/Insider The remaining concourse will open over the next three years as Delta looks to complete construction by the end of 2024. Touring Delta Air Lines' new terminal at LaGuardia Airport. Thomas Pallini/Insider If all goes to plan, LaGuardia's infamous chapter will be closed by 2025. The Delta Air Lines terminal at LaGuardia Airport. Thomas Pallini/Insider Read the original article on Business Insider.....»»

Category: topSource: businessinsiderOct 5th, 2021

The Final Walkthrough Before Closing: Checklist and Tips

(TNS)—As you prepare to finalize a home purchase, there’s an important step to take before the closing: the final walkthrough. This personal inspection helps ensure that the home you committed to on paper is in relatively identical condition to when you first visited, and that the seller is compliant with the terms of your real […] The post The Final Walkthrough Before Closing: Checklist and Tips appeared first on RISMedia. (TNS)—As you prepare to finalize a home purchase, there’s an important step to take before the closing: the final walkthrough. This personal inspection helps ensure that the home you committed to on paper is in relatively identical condition to when you first visited, and that the seller is compliant with the terms of your real estate contract. What Is the Final Walkthrough Before Closing? A final walkthrough is an opportunity for you, as the homebuyer, to visit and assess the property you’re purchasing before the closing. The goal of the visit is to ensure the home is in the same condition it was when you agreed to buy it. “It’s also an opportunity for you to ensure that the seller has moved out or substantially moved out, and that the seller did not cause any damage during the move-out,” adds Lisa Okasinski, a real estate attorney and owner of Okasinski Law PLC, based in Detroit. This visit is important, as it allows you to assess whether the seller has met your interpretation of the purchase agreement and removed all their personal property, explains David North, broker/owner of Realtrua in Redmond, Washington. “This is also the time to confirm that non-subjective contractual obligations of the seller, such as specific repairs, have been met,” North says. Final Walkthrough Checklist: What to Look For There are several items you should confirm during the final walkthrough of the property. Okasinski and Elizabeth Grimes, an attorney with Ligris + Associates PC in Wellesley, Massachusetts, recommend the following checklist: – The seller’s belongings have been fully moved out. – Any repairs that the seller promised would be done have been completed. – All appliances that the purchase agreement specified would remain are in proper working order. – The seller left copies of all manuals and instructions for appliances and fixtures. – Door and window locks are fully functioning. – The HVAC systems (furnace, air conditioning, etc.) are working properly. – All faucets are working, toilets flush properly and there are no plumbing leaks. – All walls, ceilings and doorways are structurally intact and not damaged from moving. – The yard is free of any debris or damage. – The seller left the garage door openers and keys in the home or with their agent. “Cleanliness, completion of repairs, any changes to the condition of the property from the time of the sales contract, presence of all items that are contractually included in the sale and removal of items not included in the sale should all be checked during your final walkthrough,” North advises. When Is the Final Walkthrough? The final walkthrough commonly takes place 24 to 48 hours before closing. The home purchase agreement typically contains a provision allowing for the walkthrough, and it might specify the window of time in which it can occur. “I always suggest to my clients to schedule the final walkthrough on the morning of the closing so that they are getting a last look to make sure the property is in good condition prior to signing closing paperwork,” Grimes says. What to Bring to the Final Walkthrough You are not required to bring anything with you to the final walkthrough, but you might want to bring a checklist (either on paper or your phone) that you can mark off during your visit. Your real estate agent and/or attorney might also be present with you during the final walkthrough. “I always suggest buyers bring a flashlight to look in basement and attic areas that have low visibility, too,” Grimes says. How Long Should a Final Walkthrough Take? The duration of the walkthrough is up to you—there is no legal maximum or minimum time limit, according to Okasinski. Generally speaking, prepare to take the time necessary to carefully evaluate the home. Rushing through a final walkthrough can lead to regret, as you could accidentally overlook flaws or breaches of contract. “How long it takes is highly dependent on the property, how inclined you are to look at details, what you end up finding and other unpredictable factors,” North says. “I always recommend scheduling at least an hour and a half—sometimes longer. Walkthroughs don’t usually take longer than that, but they can, at times.” Can a Buyer Back Out During the Final Walkthrough? Whether or not you can terminate your real estate contract after the final walkthrough depends on the terms of your agreement. “In most cases, it would be hard to terminate the purchase agreement as a result of the final walkthrough, unless you could point to a major change in the condition of the property,” Okasinski cautions. “For smaller items of damage that happened after the purchase agreement was entered, it’s more realistic that the parties would agree to have the buyer withhold from the seller an amount necessary to make the repairs at closing.” Legally, however, you are allowed to back out if the property does not meet the obligations detailed in your real estate contract, according to Grimes. “Typically, sellers and buyers instead agree to either monetary compensation or other solutions to ensure the transaction moves forward,” Grimes says. What to Do If You Find Issues in the Walkthrough You might discover a problem or violation of your purchase agreement during the final walkthrough, but that doesn’t mean it’s a dealbreaker. “Depending on the problem, there is usually a solution that can be worked out with the seller,” Okasinski says. “For example, if the seller appears that they are not able to move by the scheduled closing date, you could either delay the closing date or enter into a lease with the seller so that you receive rent from them after the scheduled closing date. If there is damage to the property you notice, you could have the seller agree to make the repairs to the property or negotiate to have the purchase price reduced by the cost of repairs.” “I always advise the buyer to review the situation carefully and figure out whether or not it’s worth delaying the closing or mentioning it to the seller,” adds Jason Gelios, a REALTOR® with Community Choice Realty in Southeast Michigan. “However, larger issues like missing appliances or major damage to the property should never be overlooked.” Gelios notes that most of his buyer clients don’t back out of the deal without holding the seller accountable for things not honored in the purchase agreement. “Most sellers are open to making things right at this stage of the process,” Gelios says. ©2021 Distributed by Tribune Content Agency, LLC The post The Final Walkthrough Before Closing: Checklist and Tips appeared first on RISMedia......»»

Category: realestateSource: rismediaOct 4th, 2021

This resort is like an adult summer camp with hiking and archery, but with all the features of a spa hotel

Ojo Santa Fe is a spa resort with all-inclusive activities that feels a lot like summer camp for adults with mineral baths instead of a mess hall. When you buy through our links, Insider may earn an affiliate commission. Learn more. Lisa Marion Smith/Insider I wanted the outdoor fun of summer camp but am too old for a dining hall or forced group activities. I found just that at Ojo Santa Fe in New Mexico with swimming, hiking, archery, and more included. The whole stay was fun but also relaxing with a spa, mineral baths, and my casita with a fireplace. Table of Contents: Masthead StickyAfter a year and a half of feeling locked inside amid the pandemic, I was itching to get outdoors. I craved wide open spaces, crisp air, and invigorating activities. What I wanted it felt like, were the summer camps I experienced as a kid. While summer camps for adults do exist, it seemed like each one was meant for day drinking 20-somethings whose idea of fun was a three-legged race followed by a boisterous meal in the dining hall.Being well north of that age, I knew I needed more privacy, high thread count sheets, and the ability to choose my activities.I decided to design my own adult summer camp at Ojo Santa Fe in New Mexico where camp-inspired activities like swimming, archery, hikes, and animal interactions were all-inclusive alongside a spa, mineral baths, and a restaurant. Designing my own summer camp was a great experience and one I'd gladly replicate throughout the year.Keep reading to see how I designed my own adult summer camp. Choosing the location Ojo Santa Fe sits on 77 sprawling, lush acres. Lisa Marion Smith/Insider I've been to New Mexico many times and knew the confluence of Native American and Mexican American cultures and the mountains would make an ideal setting.I landed on Ojo Santa Fe, with a spa, restaurant, and all-inclusive camp-inspired activities with no extra resort fee. As children under 16 were not permitted it also had an adults-only feel.The 77-acre resort is a 20-minute drive southwest of Santa Fe, with 52 rooms ranging from $290 for a garden room with a balcony or patio to $395 for a stand-alone casita. I booked a casita for four nights with my boyfriend, who planned to work and needed the extra room. Getting there A car is essential to reach Ojo Santa Fe, though you won't need one once you're on-site. Lisa Marion Smith/Insider My boyfriend and I flew from Chicago O'Hare International Airport to Albuquerque International Sunport, from where we rented a car to reach Ojo Santa Fe.Ojo Santa Fe offers complimentary shuttle service to and from the Santa Fe Regional Airport. Direct commercial flights to Santa Fe are only available from Dallas, Denver, and Phoenix.Driving to Ojo Santa Fe, GPS was essential on the winding country roads. I was grateful we arrived in the daytime. The security guard at the entrance to the hotel confirmed our reservation before letting us in. The grounds Picturesque hotel grounds felt plucked from a Monet painting. Lisa Marion Smith/Insider Walking to the small building that houses the front desk, we passed a bubbling fountain surrounded by native plants. Just beyond was the patio of the on-site restaurant, Blue Heron, perched above a mineral spring-fed pond. The idyllic scene felt plucked out of Monet's garden at Giverny. Mineral baths shimmered, hammocks swayed, and it was clear that the pictures on the website do not do this place justice.Check-in was easy and the staff was courteous. We were given our keys and driving directions to our casita.  Guest rooms Casitas are standalone lodgings with private patios. Lisa Marion Smith/Insider Our casita was located at the far end of the resort with a private entrance lined with native lavender and sage. The decor was classic Southwest with adobe walls, earth-tone furnishings, and artful driftwood. The casita counted 600 square feet, but the layout made it feel bigger. There was a sitting area, a desk, a gas fireplace (AC, too), and a bedroom with a Queen bed. The bathroom had a separate dressing area with a mirror, good lighting, and a mini-fridge. Coffee, tea, bath, and body products were provided and we also had a private patio.A central ice machine and shared microwave were available for casitas but there are no TVs. Wi-Fi, however, was provided and fast enough for video streaming.Sadly, there were no views to be enjoyed from our casita. From what I could see of the garden rooms, all overlooked the well-kept grounds, and from some, you could catch a glimpse of the mountains. Except for a few minutes of stargazing every night, our patio became a depository for wet bathing suits and pool towels. The space was pin-drop quiet and plenty big for a couple but could also easily work for a family. Adjusting to the elevation Lisa Marion Smith/Insider After settling in, we headed out to explore but quickly felt exhausted as Santa Fe is 7,000 feet above sea level.  The dramatic change in altitude required adaptation. If you are coming from a place with lower elevation, be prepared to spend a couple of days adjusting. Altitude sickness is not uncommon. Mineral baths and spa During our altitude adjustment days, I found myself in an endless loop, going from one bathing area to the next. Lisa Marion Smith/Insider As such, we started with low-exertion activities such as the three mineral spring-fed bathing areas that are the star of Ojo Santa Fe.I strolled the grounds in the provided white bathrobes, starting the day by the spa and moving between the hot baths that ranged in temperature from 98 to 104 degrees.These tubs overlook the pond, a gas fire pit, and hammocks. Private soaking tubs are available. Swimwear is optional in the private tubs but required everywhere else.  The pool After swimming a few laps, I'd walk to the shaded plunge pool with in-water seating. Lisa Marion Smith/Insider When I was ready to move on, I headed to the comparatively cool 85-degree, Olympic-sized saltwater pool. It was the only area with music playing, though the mood was still refined. Private poolside cabanas were available for an additional fee. Here, I noticed my fellow guests, which included couples, women for friends' getaways, solo travelers, and large groups. At the spa, I perused treatments like the Cactus Flower Massage and Scrub and the CBD Massage, but settled on the Bamboo Massage, which used heated bamboo rolling pins of different sizes to access deep tissue. It was one of the best massages I've ever had. Checking out the Puppy Patch The dogs are kept in their own small house and before entering the Puppy Patch, guests were required to sanitize their hands and take off their shoes. Lisa Marion Smith/Insider Ojo Santa Fe had one major advantage over the summer camp of my youth: it came with puppies. The Puppy Patch was open daily each morning, where guests could play with puppies in a fenced-in yard to socialize the animals while providing a calming, restorative effect for us humans.Ojo Santa Fe has fostered over 250 puppies for adoption through the Puppy Patch. At any given time, there are one to six puppies in residence. In the days I was there, three dogs found homes, and several new puppies arrived. Feeding hens in the Chicken Chat The hotel says the chickens will plop themselves in your lap to be pet, but I found most of the fowl to be skittish. Lisa Marion Smith/Insider There was also a daily Chicken Chat, where guests and I — many in our bathrobes — sat among the flock on stools in an outdoor coop with 25 Silky chickens with names like Bok Choy. I fed a few grains out of my hand, though most were a bit skittish.  Going for hikes The views from our hikes were stunning. Lisa Marion Smith/Insider Once we were acclimated to the altitude, we signed up for a guided morning group hike, which started with a drive to a trailhead about 25 minutes away, just outside of downtown Santa Fe. We enjoyed a moderate, shaded hike, and we were so impressed, we signed up to do another trail the next day. Having a guide to take us on hikes was something we would have paid for; the fact that the guide and transportation were included was a big bonus. Trying out archery The guide did his best to help us hit the target once or twice. Lisa Marion Smith/Insider This same guide led target arts in the afternoon. It turns out archery is a lot harder than I remembered from kids' camp. The guide did his best to help us hit the target once or twice.  Other things to do and winter activities Air rifles was one of many interactive activities offered. Lisa Marion Smith/Insider We did better with the air rifles. I have never shot anything and was squeamish at the thought of holding the thing, but soon took great satisfaction in making mincemeat of the paper targets.Alas, ax throwing was not available due to construction.Yoga and Pilates classes were also offered and required reservation,  and there was a small gym with basic cardio and weight equipment. When I peeked inside, there was only one guest using it and he wasn't wearing a mask. Since I can do all these things at home in Chicago, I opted to spend time doing outside activities instead.It's also worth noting that Ojo Santa Fe is a worthy place to design a winter camp, too. When snow makes hiking untenable, activities shift to feature snowboarding, cross country and downhill skiing, and interactive art experience at museums and galleries in the city. Dining at Blue Heron restaurant There is enough variety at Blue Heron to there every night, and we often had enough left over for lunch the next day. Lisa Marion Smith/Insider The resort had only one on-site dining option, the Blue Heron restaurant. The menu featured a range of food skewing healthy-ish, but with plenty of variety. They did not serve hard alcohol, only wine, even in their cocktails, which I decided were not worth the calories or money. The view overlooking the pond from the outdoor patio was stunning. Waiting for our food to arrive, I watched enormous carp lazily skim the water's surface while an actual Blue Heron looked on from the branches of a nearby tree. COVID-19 precautions Ojo Santa Fe follows the CDC recommendations for COVID precautions. I saw all staff wearing masks indoors, 100% of the time. Hand sanitizer was readily available in public areas as well.At the restaurant and spa, the staff wore masks outside, too. Prior to my massage, I had to answer health screening questions and keep my mask on throughout the treatment. None of the guests wore masks at the bathing areas, and some outdoor activities, such as the Puppy Patch, required masks. Others, like target arts and the chicken chat, did not.When indoors, guests were expected to wear masks in the spa and restaurant. Most followed the rules; some did not. The bottom line We loved the upscale, adult summer camp atmosphere and well-maintained grounds of Ojo Santa Fe.Ojo Santa Fe is for people whose idea of a party is going for a hike, followed by a dip in a mineral bath, puppy playtime, and capping the day sitting by a fire. This is not for those seeking a rollicking stay.If I were to go back with girlfriends, I would skip the casita and get a garden room since the extra space was nice, but not necessary, and lacked any views.For those seeking to replicate the feeling of summer camp as an adult, Ojo Santa Fe offered a variety of all-inclusive outdoor activities with the amenities of an upscale spa for a stay that felt like I received a lot of value for the cost. I loved designing my own summer camp here and I'd gladly do it again in fall, winter, or spring, too.Book Ojo Santa Fe starting at $290 per night Read the original article on Business Insider.....»»

Category: topSource: businessinsiderOct 1st, 2021

Policing Pronouns: How "Misgendering" Is Becoming The New Battleground Over Discrimination

Policing Pronouns: How "Misgendering" Is Becoming The New Battleground Over Discrimination Authored by Jonathan Turley, Below is my column in the Hill on growing conflicts over “misgendering” in the use of pronouns. Both governmental agencies and academic institutions are increasingly treating misgendering as a form of hate speech or discrimination. That is triggering major free speech fights in this county and abroad. Here is the column: This past week the American Civil Liberties Union honored the late Supreme Court Justice Ruth Bader Ginsburg on the one-year anniversary of her death — by rewriting her famous defense of a woman’s right to abortion to remove offensive language. The offensive language? References to women and female pronouns. While Ginsburg herself likely would have made short work of such “woke” revisionism, the incident highlighted a critical crossroads reached in politics and academia in the treatment of “misgendering” as a form of hate speech or discrimination. Across the country, universities are ramping up misgendering rules for faculty and students. The most recent is Point Park University in Pittsburgh, which notified students that its Office of Equity and Inclusion will enforce rules against misgendering, pronoun misuse and deadnaming for individuals who do not use their classmates’ preferred pronouns. The university sent an email to students that states “any individual who has been informed of another person’s gender identity, pronouns, or chosen name is expected to respect that individual.” Students were informed that using the wrong pronoun was a violation and “action could be taken.” Many of us have no objection to using a student’s preferred pronouns. Indeed, many faculty members try to avoid using pronouns altogether in class, rather than look up a student’s designated pronoun. Confirming the right pronouns can be challenging in the middle of a fast-moving class. Students today identify from a growing list of gender identities including, but not limited to, genderfluid, third-gender, amalgagender, demigender, bi-gender, pansgender, and a-gender. Pronouns can include, but are not limited to: He/She, They/Them, Ze/Hir (Ze, hir, hir, hirs, hirself), Ze/Zir (Ze, zir, zir, zirs, ze), Spivak (Ey, em, eir, eirs, ey), Ve (Ve, ver, vis, vis, verself), and Xe (Xe, xem, xyr, xyrs, xe). Pronouns are fast fading from common discourse under the threat of pronoun penalties. Cities, too, are enforcing misgendering rules; for example, the New York City Human Rights Law allows for fines if employers, landlords or professionals fail to use a preferred name, pronoun or title. Yet some people have religious beliefs against following the new order and using such pronouns. As a result, there are serious free-speech and religious-freedom objections to mandatory usage rules. We are seeing a new stage in the fight over pronouns, where usage is mandatory and misgendering is a sanctionable offense. In other countries, it can be a violation of the criminal code. In England, a woman, Kate Scottow, was arrested following a debate on twitter over transgender policy. A transgender activist charged Scottow with harassment and “deadnaming,” or using the prior name or gender of a transexual person. It is not just religious conservatives objecting to misgendering and new identification rules. Some feminists have objected that the movement endangers feminist values and undermines advances for women. In Scotland, feminist activist Marion Millar was charged with “malicious communication” due to tweets criticizing gender self-identification. She has been labeled a “TERF” (trans-exclusionary radical feminist). Will misgendering in the United States be treated as actual hate speech or discriminatory speech? To protect students from misgendering, universities and agencies would have to compel speech. This already is being litigated in some lower courts. In Loudon County, Va., a school board is fighting the courts in its effort to fire teacher Byron “Tanner” Cross, who was suspended for speaking against gender policies in a public board meeting. Cross refused to use required pronouns and told the board: “It’s lying to a child, it’s abuse to a child, and it’s sinning against our God.” The courts, including the state supreme court, ruled for Cross, noting that he could keep his job, adhere to his faith and satisfy the policy by avoiding pronouns altogether. Notably, the school’s rule extends to students themselves, who are required to use correct pronouns, and mandates punishment for those who “intentionally and persistently refuse to respect a student’s gender identity by using the wrong name and gender pronoun.” Religious families have said such a rule would require them to leave the public school system as a threshold exclusionary condition for public education. In Ohio,  Shawnee State University Professor Nicholas Meriwether, won a major appeal before the United States Court of Appeals for the Sixth Circuit which reversed a lower court that initially upheld his punishment for using a student’s designated pronoun choices. The school had refused Meriwether’s suggested compromises to just use the last name of the complaining student or use chosen pronouns after adding a personal disclaimer on the syllabus. The same objections are being heard in other areas. Recently, a California court ruled that misgendering patients is protected despite a landmark LGBTQ+ rights bill. The appellate court ruled that the 2017 law unconstitutionally restricted “freedom of speech” by classifying “willful and repeated” misgendering and deadnaming as a misdemeanor punishable by a fine of up to $2,500 or imprisonment of up to 180 days. The court stated that “we recognize that misgendering may be disrespectful, discourteous, and insulting, and used as an inartful way to express an ideological disagreement with another person’s expressed gender identity. But the First Amendment does not protect only speech that inoffensively and artfully articulates a person’s point of view.” Now, as shown by the ACLU, past pronoun offenses are being scrubbed away even for feminist icons like the “notorious” Ginsburg, for referring to the right of “women” to have abortions. Activists like Charlotte Clymer insisted that “trans men and non-binary folks need abortion access.” The result is deepening rather than closing the divide in our society. It is possible to allow for the adoption of alternative pronouns and the recognition of different gender identities without seeking to compel others to do so. We need to find a place of common accommodation and respect in our society. Religious people, conservatives and “TERFs” also are part of the diversity that we should seek to protect. In the end, a degree of mutual understanding and tolerance could produce greater integration of all of these groups. Justice Ginsburg herself may have said it best when she advised people to “fight for the things you care about, but do it in a way that will lead others to join you.” Tyler Durden Thu, 09/30/2021 - 17:40.....»»

Category: blogSource: zerohedgeSep 30th, 2021

Rent is way too high

Rent prices are soaring in cities nationwide, fueled by demand from everyone from Gen Zers to Baby Boomers. New York City is the nation's most expensive rental market. Spencer Platt/Getty Images Rent prices have jumped as much as 13% nationwide since last year, according to Zumper data. That's compared to a 1% increase in 2020 and stagnant growth the year prior. The trend is driven by demand from multiple generations and mirrors the frenzied sales market. See more stories on Insider's business page. Rent prices are skyrocketing. Since March 2020, the median price for a one-bedroom apartment has gone up 10.7% nationwide, and the price of a two-bedroom apartment has ballooned even more, by 13.1%, according to a report from rental platform Zumper. "To have double-digit rent growth over the course of a year-and-a-half is a shocking level of growth, especially considering the vast majority of it has come in the last nine months," Jeff Andrews, the author of the report, wrote. That spike is particularly alarming when you compare it to previous years: In 2020, rent increased by 1% compared to the year prior; in 2019, rent prices stayed the same from the previous year, Zumper found. The pandemic-era price surge is most apparent in cities like New York and Miami, as well as smaller markets like Scottsdale, Arizona. The Phoenix area has seen a population boom over the last decade, and the pandemic set the local housing market on fire. As a result, the median price of a one-bedroom in Scottsdale is now $1,850, making it the 10th-most expensive place to rent in the country, according to Zumper. High prices and no more concessionsThe rental frenzy comes after a feverish year for home sales.As the pandemic revealed the possibilities of remote work and shut down many of the perks of urban living, office workers migrated to suburbs and lower-cost cities nationwide. They quickly snapped up homes, which sent prices climbing, led inventory to dip to historic lows, and sparked harried bidding wars that boxed out first-time homebuyers. Now, the rental market in cities across the county is becoming similarly heated. Whereas rent prices in New York City dropped 15.5% in Manhattan and 8.6% in Brooklyn and Queens in January 2021, according to real estate platform StreetEasy's Rental Report, they didn't stay there - by August, New York surpassed San Francisco as the nation's most expensive rental market.As Insider's Taylor Borden reported, the 30 largest US cities saw a surge in rental applications during the first half of 2021, according to research from RentCafé. Those applications are being submitted three generations of renters flooding the market: Gen Zers moving out of their parents house, millennials moving to new cities, and Boomers selling their homes and downsizing to rentals. That influx is causing prices to soar, and while rent concessions in places like New York City were common in 2020, they're not anymore. Landlords are raising prices and dropping perks like free months of rent in an attempt to recoup money lost last year - in fact, the number of rentals offering incentives for renters in New York dipped to 39% this summer, compared to a peak of 60% last October, according to a report from appraisal firm Miller Samuel and brokerage Douglas Elliman.Unfortunately for hopeful city-dwellers, rent inflation probably won't subside anytime soon: Robert Pinnegar, president of the National Apartment Association, told Insider in July that he estimated that rental prices will continue to climb for the next 12 to 18 months.Read the original article on Business Insider.....»»

Category: topSource: businessinsiderSep 27th, 2021

The best phones in 2021

We have tested the latest phones. These are the best phones in 2021 for photography, gaming, battery life, and even kids - now updated with new picks. Table of Contents: Masthead Sticky The best phones have never been more powerful or more attractive looking. We've researched and tested dozens of smartphones to bring you the best ones you can buy. Among today's phones, the iPhone 12 is our top pick for most people, while the Samsung Galaxy S21 is best for Android fans. You can't go wrong with any of the major flagship smartphones that have been released in 2020 and 2021 so far. You can even get excellent phones for under $500 or less these days.In this guide, we've selected the absolute best phones we'd recommend to the vast majority of people. We're also recommending the best phones for Android users, photography, battery life, gaming, kids, and the best phone for less.Worthy of note, Apple recently announced its new iPhone 13 series. We can't officially say that the new iPhone 13 is the best overall phone you can buy at the moment, as we haven't tested it yet. With that said, we're confident that it will comfortably replace the iPhone 12 as the best overall phone you can buy, based on experience.Here are the best phones:Best phone overall: iPhone 12Best Android phone: Samsung Galaxy S21Best phone for photography: Samsung Galaxy S21 Ultra Best phone for battery life: Motorola Moto G Power (2021)Best phone for gaming: Asus ROG 3Best phone for kids: Google Pixel 4aBest phone for less: Google Pixel 5a The best phone overall Apple The easiest smartphone to recommend to almost anyone is Apple's iPhone 12. It has the best overall combination of price, design, screen quality, performance, features, battery life, longevity, and camera quality out of any smartphone. But it will likely be replaced by the iPhone 13 as the top phone soon. Pros: Premium design, excellent performance, fantastic camera quality, Apple's ecosystemCons: Charger not included, still uses Lightning instead of USB-C for charging, 60Hz iPhone screen is not as smooth and fluid as Android rivals' 90Hz or 120Hz screensOn its own, the iPhone 12 isn't much more special than Android alternatives that also come with top specs and features. The reasons why the iPhone 12 series in general places above Android alternatives as the top overall smartphone is mostly due to the magnificent Apple ecosystem, including AirPods, Apple Watch, iPad, and Mac computers that connect with each other seamlessly to offer useful features. More unique to Apple is the company's physical presence with its stores that gives users a clear place to go for support.Another major reason for recommending the iPhone 12 series over Android alternatives is the timely iOS operating system updates that Apple delivers, and iPhones are supported for longer than any Android rival. For most people, we recommend the standard $800 iPhone 12 for its value and core feature set rather than the Pro series that start at $1,000. Most importantly, both phones share the same A14 processor, so they have similar performance, if not identical, for running apps and iOS. The extra features you get in the iPhone 12 Pro series mostly focus on enhanced camera hardware and software, like an extra camera lens for zoom, a LiDar scanner for better portrait mode shots in low light, and the Pro RAW mode for finer editing capabilities. Those are great, but aren't necessary for the complete iPhone experience that the iPhone 12 delivers, especially for the Pro series' $200 premium.  And, for those who prefer smaller phones for one-handed usability, the $700 iPhone 12 Mini with a 5.4-inch screen is an ideal alternative.Apple still sells the iPhone 12 for $100 less than its $800 launch price after the company announced the iPhone 13. It's still a great phone to buy today, but you may want to hold off on buying a new iPhone until reviews for the iPhone 13 come out. The best Android phone Samsung Samsung's Galaxy S21 proves to be the best Android phone you can buy so far in 2021. It has the best balance of design, performance, features, camera versatility and quality, and price than any other Android smartphone.Pros: Premium design, latest specs and highest performance on Android, triple-lens camera system, reduced pricing compared to last year's generationCons: Photos can have an overly processed look, doesn't support Samsung's full 45W charging, 25W charger not includedIndeed, inside the Galaxy S21 is the latest Qualcomm Snapdragon 888 processor that delivers fast performance. Combined with 8GB of memory (RAM), the Galaxy S21 can easily handle workloads from users who often use and switch between lots of different apps without reloading.The Galaxy S21 also has Samsung's signature best-in-class display with vibrant colors, dynamic contrast, and incredible brightness. It's a 120Hz refresh rate screen at 1080p resolution, which makes for an ultra-smooth and premium experience while navigating around Android and swiping around apps. At 6.1-inches, the screen and overall size of the Galaxy S21 is best suited for those who like mid-sized phones, as on-screen items are still reachable with your thumbs if you prefer smaller phones that can be used one-handed. If you like larger phones, the Galaxy S21 Plus and its 6.7-inch screen will suit nicely. The triple-lens camera system on the Galaxy S21 offers a 12-megapixel (MP) standard wide lens, a 12MP ultra-wide lens with 120-degrees field-of-view, and a 64MP 3x hybrid zoom lens that can go all the way up to 30x digital zoom. Camera quality is as expected from Samsung — that's to say you'll get beautiful photos if you don't mind the occasional over-processed look that can make them appear pre-enhanced. If you have experience with Samsung phones and you've liked the photos they produce, you won't have any issues here. However, if you prefer less processing on your photos, your best bet on Android is going to be Google's Pixel 5. You get a big 4,000mAh battery in the Galaxy S21 that will last a full day of varied usage. It can charge at speeds up to 25W, which is fast enough, but Samsung unfortunately has not included a 25W charger with the phone. That means your older charger from your older phone may not charge the Galaxy S21 at its full capable speeds, and you'll have to buy your own charger. It does not support Samsung's 45W charger, either. Back to positive news, Samsung dropped the price tag down $200 compared to its previous generation of Galaxy S20 devices, making the Galaxy S21's $800 price tag much more reasonable in the premium Android phone category. That's still expensive, but Samsung announced in August 2020 that it promises to update Android on some of its Galaxy phones for up to three generations of Android. That extends the relevance of the Galaxy S21, as well as the usable lifespan of the device should users want to stay up to date with the latest versions of Android.  The best phone for photography Samsung Samsung's Galaxy S21 Ultra is the best phone for photography, and that's largely due to the sheer versatility that its quad-camera lens system has to offer. Pros: Widest range of camera lenses, 108-megapixel sensor makes for ultra-detailed photos, best zooming in any phone, 4K and 8K video recording, "pro" mode and and RAW, useful video recording featuresCons: Photos can appear overly processed at timesIndeed, the Galaxy S21 Ultra has a 108MP standard wide lens, a 12MP ultra-wide lens, a 10MP 3x zoom lens, and a 10x zoom lens that can digitally zoom all the way up to 100x zoom. To be sure, the iPhone 12 Pro Max takes great photos that are arguably better than the Galaxy S21 Ultra's, which can seem overly processed at times, but it can't compete against the Galaxy S21 Ultra's specs or versatility.The 108MP standard lens on the Galaxy S21 Ultra actually takes 12MP photos by default, but users can quickly switch on the 108MP mode that captures more detail. That extra detail becomes apparent when you zoom into a 108MP photo. The Galaxy S21 Ultra also has superior zooming capabilities over any other phone we know about. By having two zoom lenses at different magnifications, the Galaxy S21 Ultra can take clear and detailed zoomed photos at a wider range of distance.But, don't swoon over the Galaxy S21 Ultra's 100x ability — zooming at such distances produces bad, blurry photos with little value. Rather, we've found that zooming up to 30x digital zoom is the limit before photos start to actively look bad. Still, that's more zoom than other phones have to offer.To top it all off, the Galaxy S21 Ultra can record video at 4K at 30fps, 4K at 60fps, and even 8K at 24fps. There are some genuinely useful video recording features here, like the new Director's View mode lets you see what all the camera lenses see, and you can seamlessly switch between each lens, even while recording. You can also record from a rear lens and selfie camera simultaneously. The best phone for battery life Best Buy If battery life matters above all else, Motorola's Moto G Power is the undisputed choice for its extremely long three-day battery life and its excellent value in relation to its performance, camera quality, and design.Pros: The longest battery life, solid performance, incredible value, large 6.6-inch screen, good cameraCons: Included charger is slow, no frills or premium features (not expected)You get a lot of phone for the Moto G Power's starting price of $200 — apart from its huge battery life, the capable and power-efficient Qualcomm Snapdragon 662 can run almost any app that more expensive phones can, albeit not quite as quickly. It also comes with a good camera, as well as a large, power-efficient 6.6-inch 720p resolution screen.  But, to maximize power efficiency, you're not getting a lot of frills or premium features, and that's the way it goes if you value battery life. You're not getting super high-resolution displays with high refresh rates, no 5G connectivity speeds, no wireless charging, no NFC for mobile contactless payments, no telephoto or ultra-wide camera lenses, and not the fastest processor. But, you are getting a great, basic core smartphone experience that has arguably all you really need in a smartphone. Included with the Moto G Power is a 10W charger that's not especially fast, but the phone supports up to 15W charging speeds, if you happen to have a phone charger that outputs 15W or more.While three days is the official claim, battery life will likely vary depending on what you do on the phone. If you play a lot of games, you'll surely experience less than three days. Same goes if you're a heavy user who keeps the screen on and runs apps all day. Still, no matter what you do on the Moto G Power, you're still going to get better battery life than any smartphone we know of. The best phone for gaming B&H A high-end gaming phone like the Asus ROG III comes with features that mobile gamers will appreciate, like its Air Trigger sensors on the top edge of the phone that act like controller-style shoulder buttons when you hold it horizontally.Pros: Air Trigger sensors for extra controls on games, offset USB-C charging port, high-end specs tuned for gaming, better cooling than most phones, huge battery, high refresh rate screenCons: Phone is very large and heavy, cameras are lackluster, design isn't for everyoneAnother of the Asus ROG III's thoughtful gaming-centric features is the offset USB-C charging port that makes it easier to hold the phone in horizontal mode without the charging cable getting in the way. The Asus ROG III also comes with high-end specs for high gaming performance, including the Qualcomm Snapdragon 865+ that's tuned to run at slightly higher speeds than the standard Snapdragon 865. That extra power from the Snapdragon 865+ causes more heat, which normally leads to processors automatically slowing themselves down to prevent overheating, but Asus thought of that, and this is a gaming phone, afterall. Indeed, the ROG III has better cooling than most normal phones, and it comes with a cooling fan accessory that helps dissipate heat, too. The ROG III's screen is also geared for gamers with its high 144Hz refresh rate for smooth visuals in games. It's a 1080p resolution display, which might seem low for such a high-end phone, but it's plenty sharp, and it helps with battery life, too. Speaking of battery life, the ROG III has a massive 6,000mAh battery to help power the phone longer than most others while gaming. And, the included 30W charger makes for fast charging. The best phone for kids Antonio Villas-Boas/Business Insider What phone you'd like to give your kids will largely depend on which ecosystem you — the parents or guardians — are entrenched in, whether it's Apple's iOS or Google's Android. It's also wise to get a durable case for the phone, whichever model you go for.Pros: Less expensive but still great smartphones, smaller overall sizeCons: A little expensive for younger kidsFor kids, we're recommending smaller and less expensive phones. That way, they're easier to handle for younger kids, and the blow from kids' phones getting lost or broken will be less impactful. While these are less expensive phones, they're no duds, either. Getting a phone that's too underpowered means it won't last very long in terms of usability, and phones aren't like clothes — they last longer than growing kids' clothing.  It used to be the case that iPhones were too expensive to realistically suggest for kids, but the $400 iPhone SE changed that. While it's certainly still expensive, it's the cheapest and smallest iPhone that comes with recent specs to ensure longevity. It's the best option for parents or guardians who use iPhones, as they will be familiar with the iOS operating system, ecosystem, and it's easier to get accustomed with the parental controls that are built into iOS. The AppleCare+ for iPhone extended warranty is also a good safety net to get for a kid's iPhone, seeing as you get two cheaper repairs up to twice a year and theft/loss coverage.For Android families, your best bet is the $350 Google Pixel 4a for familiarity with the Android operating system, built-in parental controls, as well as for its relatively low price, good performance, and small size. It has a great camera that punches above its price tag, to boot. Google also offers its own extended warranty called Google Preferred Care that gives you up to two incidents of accidental damage. The best phone for less Antonio Villas-Boas/Insider Google's Pixel 5a is all the phone anyone ever needs. It's powerful enough, it has fantastic cameras, a nice screen, fantastic battery life, and it's priced at an affordable $450. It's a true "phone for the people."Pros: Under $500, speedy for the price, great screen, excellent battery life, premium wide and ultra-wide cameras, headphone jack, 18W fast charger included, IP67 water resistanceCons: No wireless chargingThe Pixel 5a shows very clearly that spending more on premium phones offers rapidly diminishing returns. The performance gains from spending more are somewhat noticeable but hardly worth the extra hundreds. And you're not getting better cameras for the price. In fact, you're not getting better cameras by spending twice as much, either.Phone users who are used to premium phones may have a hard time adjusting to the Pixel 5a. It's just a smidge less speedy and powerful, and it doesn't come with certain premium features like wireless charging or an ultra-premium metal and glass build. But unlike the expensive premium phones today, you are getting a fast charger included with the phone. Otherwise, just about everything else in the Pixel 5a, including the cameras, the screen, the battery life, and peripheral features like water resistance, handily match phones that cost hundreds more. You can read the full Google Pixel 5a 5G review here to check out this marvel of a device in more detail. What else we considered Antonio Villas-Boas/Business Insider We have tested dozens of new phones over the past year to come up with our top picks. There are many other great options that we haven't included in our top four for various reasons. Here's what else we considered:OnePlus 9: The OnePlus 9 series are fine, powerful, and feature-rich phones, but they didn't quite make the cut. The cameras aren't quite up to snuff, which we could excuse if their price tags were lower. Google Pixel 5: We also considered Google's latest Pixel 5, and we recommend it for those looking for the best camera quality in any phone. With that said, the Pixel 5's good-but-mid-range Snapdragon 765G processor and performance doesn't pull its $700 weight, especially when other $700 phones come with higher specs.But Pixel phones typically get new Android features before other phones, and that's continuing in 2021. Later this year, the Pixel will be getting first dibs on recently announced updates, including photography upgrades to help better capture skin color and curly hair, custom color palettes for apps based on your background photo, and a Cinematic Movement feature – which creates moving pictures across any of your photos. You can read the full Pixel 5 review here. We look forward to testing these 2021 flagship phones as they launch Samsung We're looking forward to testing Apple's recently announced iPhone 13 models, and we're confident that it will replace the incumbent iPhone 12 as the best phone for most people to buy. Later in the year, we're expecting the new Google Pixel 6, which promises a total refresh of Google's premium phone strategy. Android phone users should wait until Google announces the Pixel 6 before making any buying decisions on a new phone. There's only one foldable phone we recommend Lisa Eadicicco/Business Insider If you're desperate to buy a foldable phone, let it be Samsung's Galaxy Z Flip 3. It's the first foldable we'd recommend because, unlike previous foldables, it's priced relatively well for its specs. The Galaxy Z Flip 3 is part of Samsung's third generation of foldable phones, and you can truly tell how far the company has come with its foldable screens and hinge technology. Overall, it really is a good phone, except for the battery life. Read the full Galaxy Z Flip review here. Check out our other smartphone buying guides Crystal Cox/Business Insider The best cheap phonesThe best iPhone for every type of person and budget Read the original article on Business Insider.....»»

Category: worldSource: nytSep 27th, 2021

Wealth Without Work

Wealth Without Work Authored by Charles Hugh Smith via, Allow me to summarize the dominant zeitgeist in America at this juncture of history: Grab yourself a big gooey hunk of happiness by turning a few thousand bucks into millions — anyone can do it as long as they visualize abundance and join the crowd minting millions. Beneath the bravado and euphoric confidence in our God-given right to mint millions out of chump change, a secret plea lurks unspoken: Please don’t pop our precious bubble! The big gooey hunk of happiness available to all depends on one special form of magic spell: If we don’t call the bubble a bubble, it won’t pop. And so Wall Street shills spew endless “research” (heh) proclaiming that the forward price-earnings ratio of 21.1 will only slightly exceed past norms, and so on — in summary: If we don’t call the bubble a bubble, it won’t pop. Everyone’s All in on the Everything Bubble What differentiates this bubble from the 1720 South Sea Bubble, the 2000 dot-com bubble or the 2007–08 housing bubble is: This bubble includes every asset class and has sucked the entire populace and economy into its magic maw. The bubble has swept up housing, stocks, junk bonds, commodities, cryptocurrencies, NFTs and numerous collectibles — the bulk of America’s household assets are now firmly lodged in the maw of the Everything Bubble. Here is a sampling of recent headlines in America: I Turned $10,000 Into $6 Million in 6 Months My Cat Turned $6,000 in My Robinhood Account Into $6 Million by Walking on My Keyboard I Turned $100 My Aunt Gave Me for My Birthday Into $6 Million in One Trade, Buying Way Out-of-the-Money Calls on a Meme Stock I Turned $23 Into $6 Million So Easily I’m Going to Sleep My Way to $60 Million OK, so these are slight exaggerations, but the zeitgeist is very real. The Great Illusion Of all the mass delusions running rampant in the culture, none is more spectacularly delusional than the conviction that we can all get fabulously rich from speculation while producing nothing. The key characteristic of speculation is that it produces nothing: It doesn’t generate any new goods or services, boost productivity or increase the functionality of real-world essentials. Like all mass delusions, the greater the disconnect from reality, the greater the appeal. Mass delusions gain their escape velocity by leaving any ties to real-world limitations behind and by igniting the most powerful booster to human euphoric confidence known, greed. Lost in the mania of easy wealth from speculative trading is the absence of any value creation in the rotation churn of moving bets from one table to the latest hot game: In flipping houses sight unseen, no functionality was added to the house. In transferring bets on one cryptocurrency to another or from one meme stock to another, no value to the economy or society was created. In the mass delusion that near-infinite wealth can be generated without producing anything, creating value has no value: The delusion is that I can get rich producing nothing but speculative gains, and then I can buy all the stuff somebody else is making. Work Is for Suckers The fantasy powering the speculative frenzy is once I get rich, I’ll stop working and live off my wealth. It’s interesting, isn’t it, how everyone can get rich via unproductive speculation, quit their jobs and then live off the productive work of somebody else who failed to get rich off speculation? The Great Illusion. Maybe that’s why all the containerships are lined up at Long Beach, waiting to unload the goodies made in China for American speculators to buy. This is what happens when the incentive structure of the economy decays so that being productive has little upside (i.e., working is for chumps) while speculating is all upside (get rich quickly and easily). Everyone knows great empires became great by transferring their critical supply chains to competing nations, living it up on borrowed/printed money, exploiting the highest bidder wins regulatory/governance system and incentivizing speculation while pushing wage earners into debt-and-tax servitude. Bone up on your history, Bucko; all great nations got there by quitting boring, tiresome productive work to speculate on illusions of value with borrowed money. A System That Optimizes Corruption This is the result of monopolies and cartels becoming the financial and political power centers of the nation. They end up treating employees as chattel to lower costs, offshoring critical supply chains to squeeze out a few more dollars of profits, engineering products to break down (planned obsolescence), buying regulatory barriers and “free passes” and tax breaks galore with all the billions showered on financiers and other fraudsters by the Federal Reserve. In a word, a system that optimizes corruption. This is how you hollow out a nation and guarantee collapse. The most rewarding “skill sets” are a sociopathological obsession with maximizing profits by any means available and speculating with Fed free money for financiers. The millions of “retail” speculators are simply picking up the cues being given by the billionaires who gained their wealth by issuing debt to fund stock buybacks and other financial manipulations. Working for monopolies and cartels is for chumps because monopolies and cartels have zero incentive to share profits with mere employees. Their profits are made not by taking care of their workforce but by regulatory capture, artificial scarcities and financialized destruction of competition: First, borrow billions thanks to the Fed and Wall Street, destroy the competition (for example, the taxi industry) and then, once the competition has been wiped out, jack up prices because now consumers have no choice other than another member of the cartel. Phantom Wealth Speculative “wealth” is phantom wealth, a flickering illusion of prosperity. All speculative bubbles pop, and all speculative bubbles inflated by borrowed money and central bank manipulation pop even more ferociously than bubbles funded by actual savings. By incentivizing speculation and corruption, reducing the rewards for productive work and sucking wages dry with inflation, America has greased the skids to collapse. As with all mass delusions, the incentives to continue believing are immense, and the incentives to reconnect with reality are few. So in conclusion: The speculative gains to be made in the collapse of the mass delusion will be spectacular. There’s nothing like the collapse of a hollowed-out, completely corrupt economy to generate outsized profits for nimble speculators. Just keep your speculative winnings on Number 22 on the roulette wheel. (A Casablanca movie reference….) Tyler Durden Fri, 09/24/2021 - 13:23.....»»

Category: blogSource: zerohedgeSep 24th, 2021

The 10 books on the 2021 National Book Award"s fiction longlist includes picks praised by Oprah and Obama

The National Book Awards longlist for fiction in 2021 includes books by Pulitzer Prize-winning authors and an Oprah's Book Club pick. When you buy through our links, Insider may earn an affiliate commission. Learn more. The books on the National Book Award fiction longlist in 2021 include "Bewilderment" by Richard Powers and "The Prophets" by Robert Jones, Jr. Amazon; Rachel Mendelson/Insider The National Book Foundation announced the 10 best US fiction books this week. Judges will name their top five in mid-October, and the winner in November. Below are all 10 books on the list, including ones from Pulitzer Prize-winning authors. Every year, the National Book Foundation crowns the best US literature of the year in five categories: Non-fiction, fiction, translated literature, poetry, and young adult books. 25 judges (five experts per genre) nominated by former winners, finalists, and judges spend the summer reading hundreds of hopeful submissions (about 150 for poetry to more than 500 for nonfiction) in search of standout books.By mid-September, they name their 10 favorites on a longlist. By mid-October, they cut it down to their top five. No one knows who the winner will be until the very day it's announced, when judges meet to hash out the best book. Winners, announced in November, receive $10,000, and finalists receive $1,000. Both can expect a boost in prestige and book sales. Past fiction winners for National Book Award in fiction include now-classics "Sophie's Choice" by William Styron, "All the Pretty Horses" by Cormac McCarthy, and "The Corrections" by Jonathan Franzen, as well as recent rising stars "Sing, Unburied, Sing" by Jesmyn Ward and "Interior Chinatown" by Charles Yu.Below, you'll find the 10 nonfiction books that made the National Book Award fiction longlist this year, including new novels by Pulitzer Prize-winning authors of "All the Light We Cannot See" and "The Overstory", an Obama summer reading selection, and an Oprah's Book Club pick. The 10 books on the 2021 National Book Award longlist for fiction:Descriptions provided by Amazon and lightly edited for clarity and length. "Cloud Cuckoo Land" by Anthony Doerr Bookshop "Cloud Cuckoo Land" by Anthony Doerr, available at Amazon and Bookshop, from $21.49Set in Constantinople in the 15th century, in a small town in present-day Idaho, and on an interstellar ship decades from now, Anthony Doerr's gorgeous third novel is a triumph of imagination and compassion, a soaring story about children on the cusp of adulthood in worlds in peril, who find resilience, hope — and a book. In "Cloud Cuckoo Land," Doerr has created a magnificent tapestry of times and places that reflect our vast interconnectedness — with other species, with each other, with those who lived before us, and with those who will be here after we're gone.Note: Doerr's earlier novel, "All the Light We Cannot See" won the Pulitzer Prize in 2015. "Matrix" by Lauren Groff Bookshop "Matrix" by Lauren Groff, available at Amazon and Bookshop from $15Cast out of the royal court by Eleanor of Aquitaine, deemed too coarse and rough-hewn for marriage or courtly life, 17-year-old Marie de France is sent to England to be the new prioress of an impoverished abbey, its nuns on the brink of starvation and beset by disease.At first, taken aback by the severity of her new life, Marie finds focus and love in collective life with her singular and mercurial sisters. In this crucible, Marie steadily supplants her desire for family, for her homeland, for the passions of her youth with something new to her: devotion to her sisters, and a conviction in her own divine visions. Marie, born the last in a long line of women warriors and crusaders, is determined to chart a bold new course for the women she now leads and protects. But in a world that is shifting and corroding in frightening ways, one that can never reconcile itself with her existence, will the sheer force of Marie's vision be bulwark enough? "Abundance" by Jakob Guanzon Amazon "Abundance" by Jakob Guanzon, available at Amazon and Bookshop from $14.40Evicted from their trailer on New Year's Eve, Henry and his son, Junior, have been reduced to living out of a pickup truck. Six months later, things are even more desperate. Henry, barely a year out of prison for pushing opioids, is down to his last pocketful of dollars, and little remains between him and the street. But hope is on the horizon: Today is Junior's birthday, and Henry has a job interview tomorrow.To celebrate, Henry treats Junior to dinner at McDonald's, followed by a night in a real bed at a discount motel. For a moment, as Junior watches TV and Henry practices for his interview in the bathtub, all seems well. But after Henry has a disastrous altercation in the parking lot and Junior succumbs to a fever, father and son are sent into the night, struggling to hold things together and make it through tomorrow. "Zorrie" by Laird Hunt Amazon "Zorrie" by Laird Hunt, available at Amazon and Bookshop from $16As a girl, Zorrie Underwood's modest and hardscrabble home county was the only constant in her young life. After losing both her parents to diphtheria, Zorrie moved in with her aunt, whose own death orphaned Zorrie all over again, casting her off into the perilous realities and sublime landscapes of rural, Depression-era Indiana. Drifting west, Zorrie survived on odd jobs, sleeping in barns and under the stars, before finding a position at a radium processing plant. At the end of each day, the girls at her factory glowed from the radioactive material.But when Indiana calls Zorrie home, she finally finds the love and community that have eluded her in the small town of Hillisburg. And yet, even as she tries to build a new life, Zorrie discovers that her trials have only begun. "The Love Songs of W. E. B. Du Bois" by Honorée Fanonne Jeffers Amazon "The Love Songs of W. E. B. Du Bois" by Honorée Fanonne Jeffers, available at Amazon and Bookshop from $21.38W. E. B. Du Bois, the great scholar, once wrote about the problem of race in America, and what he called "Double Consciousness," a sensitivity that every African American possesses in order to survive. Since childhood, Ailey Pearl Garfield has understood Du Bois's words all too well. Bearing the names of two formidable Black Americans — the revered choreographer Alvin Ailey and her great grandmother Pearl, the descendant of enslaved Georgians and tenant farmers — Ailey carries Du Bois's Problem on her shoulders.To come to terms with her own identity, Ailey embarks on a journey through her family's past, uncovering the shocking tales of generations of ancestors — Indigenous, Black, and white — in the deep South. In doing so Ailey must learn to embrace her full heritage, a legacy of oppression and resistance, bondage and independence, cruelty and resilience that is the story — and the song — of America itself.Note: This book has also been selected by Oprah's Book Club. "The Prophets" by Robert Jones, Jr. Bookshop "The Prophets" by Robert Jones, Jr., available at Amazon and Bookshop from $16.99Isaiah was Samuel's and Samuel was Isaiah's. That was the way it was since the beginning, and the way it was to be until the end. In the barn they tended to the animals, but also to each other, transforming the hollowed-out shed into a place of human refuge, a source of intimacy and hope in a world ruled by vicious masters. But when an older man — a fellow slave — seeks to gain favor by preaching the master's gospel on the plantation, the enslaved begin to turn on their own. Isaiah and Samuel's love, which was once so simple, is seen as sinful and a clear danger to the plantation's harmony.As tensions build and the weight of centuries — of ancestors and future generations to come — culminates in a climactic reckoning, "The Prophets" masterfully reveals the pain and suffering of inheritance, but is also shot through with hope, beauty, and truth, portraying the enormous, heroic power of love. "Intimacies" by Katie Kitamura Bookshop "Intimacies" by Katie Kitamura, available at Amazon and Bookshop from $15.95An interpreter has come to The Hague to escape New York and work at the International Court. A woman of many languages and identities, she is looking for a place to finally call home.She's drawn into simmering personal dramas: her lover, Adriaan, is separated from his wife but still entangled in his marriage. Her friend Jana witnesses a seemingly random act of violence, a crime the interpreter becomes increasingly obsessed with as she befriends the victim's sister. And she's pulled into an explosive political controversy when she's asked to interpret for a former president accused of war crimes.A woman of quiet passion, she confronts power, love, and violence, both in her personal intimacies and in her work at the Court. She is soon pushed to the precipice, where betrayal and heartbreak threaten to overwhelm her, forcing her to decide what she wants from her life. Note: This is one of Obama's 2021 summer reading list books. "The Souvenir Museum: Stories" by Elizabeth McCracken Bookshop "The Souvenir Museum: Stories" by Elizabeth McCracken, available at Amazon and Bookshop from $16.99In these stories, the mysterious bonds of family are tested, transformed, fractured, and fortified. A recent widower and his adult son ferry to a craggy Scottish island in search of puffins. An actress who plays a children's game-show villainess ushers in the New Year with her deadbeat half-brother. A mother, pining for her children, feasts on loaves of challah to fill the void. A new couple navigates a tightrope walk toward love. And on a trip to a Texas water park with their son, two fathers each confront a personal fear.  "Hell of a Book" by Jason Mott Bookshop "Hell of a Book" by Jason Mott, available at Amazon and Bookshop from $16.20In Jason Mott's "Hell of a Book," a Black author sets out on a cross-country publicity tour to promote his bestselling novel. That storyline drives "Hell of a Book" and is the scaffolding of something much larger and urgent: Since Mott's novel also tells the story of Soot, a young Black boy living in a rural town in the recent past, and The Kid, a possibly imaginary child who appears to the author on his tour.As these characters' stories build and converge, they astonish. For while this heartbreaking and magical book entertains and is at once about family, love of parents and children, art and money, it's also about the nation's reckoning with a tragic police shooting playing over and over again on the news. And with what it can mean to be Black in America.Who has been killed? Who is The Kid? Will the author finish his book tour, and what kind of world will he leave behind?  Unforgettably told, with characters who burn into your mind and an electrifying plot ideal for book club discussion, "Hell of a Book" is the novel Mott has been writing in his head for the last 10 years. "Bewilderment" by Richard Powers Bookshop "Bewilderment" by Richard Powers, available at Amazon and Bookshop from $21.64The astrobiologist Theo Byrne searches for life throughout the cosmos while single-handedly raising his unusual nine-year-old, Robin, following the death of his wife. Robin is a warm, kind boy who spends hours painting elaborate pictures of endangered animals. He's also about to be expelled from third grade for smashing his friend in the face. As his son grows more troubled, Theo hopes to keep him off psychoactive drugs. He learns of an experimental neurofeedback treatment to bolster Robin's emotional control, one that involves training the boy on the recorded patterns of his mother's brain…With its soaring descriptions of the natural world, its tantalizing vision of life beyond, and its account of a father and son's ferocious love, "Bewilderment" marks Richard Powers's most intimate and moving novel. At its heart lies the question: How can we tell our children the truth about this beautiful, imperiled planet? Note: This is also shortlisted for the Booker Prize. Powers' earlier book, "The Overstory" won the Pulitzer Prize in 2019.  Read the original article on Business Insider.....»»

Category: topSource: businessinsiderSep 23rd, 2021

4 leading public-health experts describe what it would take for them to fully return to normal life

Some experts are holding out for specific COVID-19 case rates or vaccination thresholds. But others aren't relying on metrics at all. A couple take a selfie as Madison Square Garden reopens for a full-capacity concert in New York City on June 20, 2021. Roy Rochlin/Getty Images Insider asked four public-health experts what it would take for them to fully return to their pre-pandemic lifestyles. Some are holding out for specific COVID-19 case rates or vaccination thresholds. Others are waiting to hear about fewer cases among their extended social networks. See more stories on Insider's business page. It's the question many of us are, somehow, still confused about, more than a year and a half into the pandemic: How do we know when it will be safe to fully return to normal?Insider asked four public-health experts for their takes - what they would need to see in order to return to a pre-pandemic lifestyle without worry. How will they decide it's time to resume activities like traveling internationally, throwing parties, or attending conferences?Each said that probably won't happen until at least next year, and will likely depend on whether a new variant arises that could overtake Delta. But the metrics these experts are using to make those decisions vary significantly.Some are holding out until the US hits a certain vaccination threshold - at least 80% of the population fully vaccinated. Others are waiting until hospitals aren't overwhelmed, or their local COVID-19 rate dips below 10 daily cases per 100,000 people.But some experts just aren't comfortable relying solely on data anymore. Instead, they're focused on how often they hear about friends and family who've recently been exposed to the virus - an informal sign of how prevalent COVID-19 is in their community."We're moving away from a point where you can pinpoint a given number and say, 'We should feel safe,'" ​​Rachael Piltch-Loeb, a fellow at the Harvard T.H. Chan School of Public Health, told Insider. "It becomes much more your perception of risk to yourself, to your family."Still, the experts offered several tipping points that would facilitate their return to normal.Chris Beyrer is waiting for higher vaccination rates Debbie Bonnett (left) administers a COVID-19 vaccine at a pop-up clinic at the Maple Leaf Bar in New Orleans on August 14, 2021. Mario Tama/Getty Images Before the Delta variant became dominant, Chris Beyrer had hoped to resume his HIV research in Thailand or South Africa this fall. Beyrer, an epidemiologist at the Johns Hopkins Bloomberg School of Public Health, said he's now waiting to see higher vaccination rates in those countries before visiting."International travel to places where vaccine access is low, or uptake is low, is a ways off," Beyrer told Insider. "We will be very fortunate if we're able to do this by late 2022. I think probably mid-2023 is more realistic."Beyrer estimated that countries will likely need to see vaccination rates above 80% - perhaps 85% or 90% - before Delta infections stop spreading easily. Getting to that number is possible in the US, he said, but it will require patience. (Just 55% of Americans are fully vaccinated right now.)"I am hopeful that we will start to turn the corner both once we have more mandates in place and we get higher immunization coverage, and once we have approval for the under-12-year-olds," Beyrer said. "That's going to be a big change. Until then, we have to be cautious."Cindy Prins is looking for low daily cases in her community A woman gets a COVID-19 test at the Utah County Health Department in Salt Lake City on November 20, 2020. George Frey/Getty Images Dr. Anthony Fauci recently told Axios that the US needs to see fewer than 10,000 daily COVID-19 cases before the virus no longer poses a public-health threat. Currently, the US is seeing around 140,000 daily cases. But Cindy Prins, an epidemiologist at the University of Florida, is looking at her local case rate, not a national number, to determine when she'll return to indoor restaurants and fitness classes."I'd like to see it maybe hit 10 cases per 100,000 population," Prins said. "The likelihood of you encountering someone who actively has COVID at that point becomes a lot lower, so it just makes me feel like the odds are in my favor."Alachua County, where Prins is located, is currently reporting around 360 cases per 100,000 people.Like Beyrer, Prins thinks a vaccination target of around 85% would help communities significantly lower transmission. But she cautioned that vaccination metrics "may not show the whole story," since many people have also acquired immunity through infection.The promise of booster shots doesn't do much to sway her comfort level, she added."A third shot would be great, but I don't think a third shot is going to send me back to the activities right away that I consider to be risky," Prins said.​​Rachael Piltch-Loeb wants to be sure there's enough hospital capacity Clinicians work on intubating a COVID-19 patient in the ICU at Lake Charles Memorial Hospital in Louisiana on August 10, 2021. Mario Tama/Getty Images Piltch-Loeb is still avoiding indoor concerts and sports stadiums where there's no vaccination requirement, or where public-health measures like masks and social distancing aren't enforced. To get back to those activities, she said, she needs to feel confident that there are ample hospital beds available where she lives in the Northeast.That will happen naturally, she added, once more people in her region get vaccinated."I'm trying to move away from being hung up on a given case number and really focus on vaccination rates and healthcare capacity to respond to severe infection in my geographic area," Piltch-Loeb said.She expects masks to become part of her "new normal" on planes and in healthcare facilities."There will be new normals for everyone," she said, "but I'm looking to the future with high hopes for 2022."Ellen Eaton is waiting until her kids can get vaccinated Kindergartner Grace Truax, 5, removes her mask before posing for a portrait during "picture day" at Rogers International School in Stamford, Connecticut, on September 23, 2020. John Moore/Getty Images Data can, of course, can be flawed."In the deep South especially, a lot of the dashboards aren't being updated for reasons that are largely political and cultural," , Ellen Eaton, an infectious-disease expert at The University of Alabama at Birmingham, told Insider, adding, "a lot of my colleagues and I are really not following our dashboards because we're just not convinced that they are being updated and the data quality is as robust as it was early in the pandemic."Eaton isn't focused much on vaccination rates, either. The coronavirus doesn't respect borders, she said, and vaccine uptake differs dramatically from county to county.Instead, she's waiting until her young children can get vaccinated before she'll consider hosting indoor dinner parties with friends or allowing her kids to return to indoor Boy Scout meetings and church services. Then once they get the shots, Eaton said, she'll probably hold off on those activities until she hears about fewer COVID-19 cases in her community."When we're hearing about fewer of our friends contracting COVID at similar events, when we're hearing about fewer school children coming home or coming to school with a case of coronavirus, we'll start widening our bubble," she said.Read the original article on Business Insider.....»»

Category: topSource: businessinsiderSep 21st, 2021

Albany Can Code is expanding its efforts to build digital job skills

Albany Can Code is moving its digital literacy classes online and expanding access in upstate New York. The workforce development effort is forming partnerships in the Capital Region and Hudson Valley in order to offer its classes through county care.....»»

Category: topSource: bizjournalsMay 5th, 2020

Courts and government meetings have fallen into chaos after moving hearings to Zoom and getting swarmed with nudity and offensive remarks

Michigan Courts/Zoom Government functions ranging from city hall meetings to supreme court cases have moved to video conferencing platforms like Zoom amid stay-at-ho.....»»

Category: topSource: businessinsiderApr 18th, 2020

Here"s what the fiscal emergency declaration means for Montgomery County

Montgomery County is slashing its budget in an attempt to mitigate revenue losses due to COVID-19. Here's where those cuts are being made, and what it means for county operations moving forward......»»

Category: topSource: bizjournalsApr 9th, 2020

See latest progress on restoration of MSO"s Warner Grand Theatre: Slideshow

The Milwaukee Symphony Orchestra’s restoration of the Warner Grand Theatre downtown has transitioned from moving a seven-story-tall wall to using tiny brushes to touch up the delicate paintings and plaster that adorn the performance hall. The 19.....»»

Category: topSource: bizjournalsOct 10th, 2019

Healthiest Employers: Montgomery County offers free gym memberships to employees

Montgomery County has over 4,000 employees and offers government services to residents all across the county. The county encourages its employees to stay active through signage in elevators and stairwells to keep them moving throughout the day. Oth.....»»

Category: topSource: bizjournalsSep 18th, 2019