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☆ Oil prices pick up on prospect of U.S. replenishing strategic reserve
▼ + stars: | 2024-05-02 | by ( ) www.cnbc.com time to read: +2 min

An oil pumpjack is pictured in the Permian basin, Loco Hills regions, New Mexico, U.S., April 6, 2023. Oil prices rose on Thursday on the prospect the U.S. may start buying crude for its petroleum reserve, after prices sank to a seven-week low on hopes for an Israel-Gaza ceasefire, doubts about U.S. interest rate cuts and swelling oil inventories. U.S. West Texas Intermediate (WTI) crude for June climbed 22 cents, or 0.3%, to $79.22 a barrel. The U.S. aims to replenish its Strategic Petroleum Reserve, or SPR, after a historic sale from the emergency stockpile in 2022 and wants to buy back oil at $79 a barrel or less. Any delay in rate cuts could slow economic growth and dampen demand for oil.

Persons: WTI, Hiroyuki Kikukawa, Kikukawa, Benjamin Netanyahu Organizations: Brent, . West Texas, NS, Nissan Securities, Strategic Petroleum Reserve, U.S, U.S . Energy Information Administration, U.S . Federal Reserve Locations: Loco Hills, New Mexico, U.S, Israel, Gaza, Egypt, Israeli, Rafah

☆ U.S. crude oil bounces after hitting seven-week low on surging U.S. inventories
▼ + stars: | 2024-05-02 | by ( Spencer Kimball | ) www.cnbc.com time to read: +1 min

An oil pumpjack is pictured in the Permian basin, Loco Hills regions, New Mexico, U.S., April 6, 2023. Liz Hampton | ReutersU.S. crude oil edged higher on Thursday after selling off to a seven-week low on a surge in petroleum inventories on softening demand. Here are today's energy prices: West Texas IntermediateBrentRBOB Gasoline June: $2.59 a gallon, up 0.57%. Natural Gas Oil prices tumbled more than 3% on Wednesday after U.S. commercial crude inventories, which exclude the strategic petroleum reserves, surged by 7.3 million barrels to 461 million barrels total last week. The rate at which refiners process crude and the average demand for gasoline is lower than the year-ago period despite summer driving season rapidly approaching.

Persons: Liz Hampton, Brent Those, Bob Yawger, Tamas Varga Organizations: Reuters, West Texas Intermediate Brent, Natural Gas, Mizuho Americas, Federal Reserve Locations: Loco Hills, New Mexico, U.S

☆ Americans say they hate tourist traps. They also can't stop visiting them.
▼ + stars: | 2024-05-01 | by ( Kelsey Vlamis | ) www.businessinsider.com time to read: +4 min

Read preview"I can't wait for my trip to France — I'm planning to visit all the tourist traps! Despite all the negative connotations around "tourist traps," most travelers to a new place can't help but visit the sites that attract a lot of tourists. AdvertisementThere's room for debate over what exactly counts as a tourist trap — can the historic and gorgeous Venice canals really be considered a tourist trap, even with the souvenir vendors and flocks of selfie-taking visitors? Although nearly all respondents acknowledged recently visiting a tourist trap, almost 70% said their visit to a tourist trap diminished their overall enjoyment of their trip. Avoiding so-called tourist traps, or at least spending less time at them, could also help curb the impacts of overtourism.

Persons: —, Notre Dame —, they've, hadn't Organizations: Service, France —, Louvre, Notre Dame, Business, Winchester Mystery House, UFO Museum, Research Center Locations: France, Paris, Venice, Niagara Falls, Moulin Rouge, Iceland, San Francisco, San Jose , California, Roswell , New Mexico

☆ Airbnb’s Icons allow you to drift off in the ‘Up’ house or rest in Prince’s ‘Purple Rain’ mansion
▼ + stars: | 2024-05-01 | by ( Lisa Respers France | ) edition.cnn.com time to read: +4 min

CNN —If you have ever wanted to dream in the balloon-lifted “Up” house, party with Kevin Hart or jam with Doja Cat, Airbnb has just the thing. With Icons, we’ve created the most extraordinary experiences on Earth.”Here are some of the entertainment-focused Icons announced so far:An actual photo of the Airbnb house recreated to look like the home in the Disney/Pixar movie "Up" -- both the interior and exterior. Ryan LowryDrift off in the “Up”house - “Sleep inside one of Disney and Pixar’s most iconic homes – and yes, it floats. You’ll enjoy an unforgettable living room performance from the Grammy-winning artist, including her favorite songs and tracks from her latest album.”"Purple Rain" House - AirBnb Icons Eric OgdenStay in Prince’s “Purple Rain” house - “Prince purchased the Minneapolis, Minnesota home featured in the legendary film ‘Purple Rain,’ but it’s never been available to the public until now. Explore the home and go crazy for rare and special tracks from Prince’s world in an exclusive studio session.

Persons: Kevin Hart, Airbnb, Brian Chesky, we’ve, Ryan Lowry, ”, You’ll, Kevin, Doja, Eric Ogden, “ Prince, it’s, Khaby, Holly Andres Step, Marvel, you’re, Joy, Janhvi Kapoor Organizations: CNN, Wednesday, Disney Locations: Abiquiu , New Mexico, Minneapolis , Minnesota, Milan, Italy, Westchester , New York, Paris

☆ Affordable internet gave Native Americans a way to preserve community and culture. Now it’s another broken promise
▼ + stars: | 2024-05-01 | by ( Brian Fung | ) edition.cnn.com time to read: +12 min

Within weeks, the two-year-old US Affordable Connectivity Program (ACP) is set to run out of funds, and Congress appears unlikely to authorize more. Even as many older and rural Americans may be thrust into financial hardship due to the ACP’s collapse, indigenous communities could fare even worse. Because tribal members can now work remotely, they are no longer forced to move away from their communities to seek opportunity, they told CNN. For example, Mitchell said, after decades of decline in Mohawk fluency, a growing number of tribal members are now involved in online language immersion. (AP Photo/Seth Wenig) Seth Wenig/AP/FileInstead, some say, the collapse of the ACP will become another stain on the US government’s centuries-long track record of breaking promises to tribal communities.

Persons: Kelly, ”, “, “ That’s, ” Kelly, Mike Johnson, Pennsylvania Democratic Sen, John Fetterman, Fetterman’s, Jonathan Nez, “ I’ve, Loren King, Geoffrey Starks, ” Starks, Allyson Mitchell, Mitchell, Nez, ” Nez, Derrick VanSoolen’s, Choctaw, ” VanSoolen, they’re, Bois, Randy Long, Gary Johnson, Paul, Seth Wenig, I’ll Organizations: Washington CNN, Mohawk, CNN, Connectivity Program, FCC, Pennsylvania Democratic, Federal Communications Commission, Treasury, US Federal Communications Commission, Mohawk Networks, Navajo, ACP, Emergency, Program, Choctaw Nation, Bois Forte, Paul Bunyan Communications Locations: St, Lawrence, New York, Canadian, Mohawk, America, Navajo, Oklahoma, Oklahoma , Arizona, New Mexico, Alaska, South Dakota, Arizona, Minnesota, Regis

☆ Oil dips as investors eye Israel-Gaza truce talks, U.S. Fed policy review
▼ + stars: | 2024-04-30 | by ( ) www.cnbc.com time to read: +2 min

An oil pump jack is seen in the Loco Hills region, New Mexico, U.S., April 6, 2023. Oil edged down in early trade on Tuesday after Israel-Hamas ceasefire talks in Cairo helped quell market fears of an expanded conflict in the Middle East, while worries about the outlook for U.S. interest rates weighed on the market. The delegation was expected to report back within two days, two Egyptian security sources said. On the economic front, investors are on watch this week for the U.S. Federal Reserve's May 1 policy review, with stubborn inflation pushing out market expectations for any rate cuts, which could bolster the U.S. dollar and hamper oil demand. Some investors are cautiously pricing a higher probability that the Fed could hike interest rates by a quarter percentage point this year and next as inflation and the labor market remain resilient.

Persons: Israel, Yemen's, Yahya Sarea Organizations: Brent, U.S . West Texas, Qatari, Suez, MSC Orion, U.S, U.S . Federal, U.S . Locations: New Mexico, U.S, Israel, Cairo, Gaza, Rafah, Iran, U.S .

☆ Consumers may soon get access to a share of $8.8 billion in Inflation Reduction Act home energy rebates
▼ + stars: | 2024-04-22 | by ( Greg Iacurci | ) www.cnbc.com time to read: +4 min

The IRA splits $8.8 billion in total rebate funding between two programs: the Home Efficiency Rebates program and the Home Electrification and Appliance Rebates program. The Home Electrification and Appliance Rebates program The Home Electrification and Appliance Rebates program pays consumers a maximum amount of money for buying specific technologies and services, Saul Rinaldi said. Home Efficiency Rebates program Conversely, the Home Efficiency Rebates program is technology-neutral, Saul Rinaldi said. Larger rebates flow to those who cut more energy, Saul Rinaldi said. In this way, the Home Efficiency Rebate's value can technically exceed that of the Home Electrification and Appliance Rebates program, Zelmar said.

Persons: Zelmar, Jan, Biden, Kara Saul Rinaldi, Saul Rinaldi Organizations: Energy Department, AnnDyl, U.S . Department of Housing, Urban Locations: Arizona , California , Colorado , Georgia, Hawaii , Indiana , Minnesota , New Hampshire , New Mexico , Oregon, Washington, Georgia, Oregon , Indiana, New Mexico

☆ WHO chief scientist calls for increased monitoring and preparation for highly pathogenic bird flu
▼ + stars: | 2024-04-19 | by ( Brenda Goodman | ) edition.cnn.com time to read: +4 min

CNN —The bird flu spreading through cattle in the United States is an “enormous concern” the chief scientist of the World Health Organization said Thursday as he called for more tracking and preparation for the virus. So far, there is no evidence that the highly pathogenic H5N1 flu virus can spread from person to person. Though H5N1 doesn’t spread from person to person, humans can catch it when they’re exposed to infected animals. They are only the second documented case of human H5N1 in the United States. The US Centers for Disease Control and Prevention says that while the current risk to public health from H5N1 is low, it is monitoring the situation carefully.

Persons: Dr, Jeremy Farrar, “, Richard Webby, ”, hasn’t, Sanjay Gupta Organizations: CNN, World Health Organization, WHO, Research, Get CNN, CNN Health, US Department of Agriculture’s, Plant Health, Services, US Centers for Disease Control, CDC Locations: United States, British, Geneva, Texas, Colorado, St, — Texas, New Mexico , Kansas, South Dakota , Idaho , Michigan , Ohio, North Carolina

☆ I've visited all 50 states solo. These are the 8 places I'd pick for a relaxing, low-key vacation.
▼ + stars: | 2024-04-19 | by ( Emily Hart | ) www.businessinsider.com time to read: +1 min

After traveling solo to all 50 US states, I've found some great places to relax and unwind. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementOver the past decade, I've traveled to all 50 US states and spent time in tons of major cities and small towns. I've also driven solo across the country several times, stopping in some of the most unique and beautiful places the United States has to offer. This story is available exclusively to Business Insider subscribers.

Persons: I've, —, I'm Organizations: Service, Business Locations: California , Oregon, Maine, Taos , New Mexico, Homer , Alaska, United States

☆ Heat-Related E.R. Visits Rose in 2023, C.D.C. Study Finds
▼ + stars: | 2024-04-18 | by ( Noah Weiland | ) www.nytimes.com time to read: +1 min

What the Numbers Say: People in the South were especially affected by serious heat illness. The researchers used data on emergency room visits from an electronic surveillance program used by states and the federal government to detect the spread of diseases. They compiled the number of heat-related emergency room visits in different regions of the country and compared them to data from the previous five years. Nearly 120,000 heat-related emergency room visits were recorded in the surveillance program last year, with more than 90 percent of them occurring between May and September, the researchers found. Heat illness often occurs gradually over the course of hours, and it can cause major damage to the body’s organs.

Locations: Arkansas , Louisiana, New Mexico , Oklahoma, Texas

☆ Biden admin, US ports prep for cyberattacks as nationwide infrastructure is targeted
▼ + stars: | 2024-04-17 | by ( Lori Ann Larocco | ) www.cnbc.com time to read: +6 min

Anne Neuberger, Deputy National Security Advisor for Cyber and Emerging Technology, cited President Biden's signing in February of an executive order to strengthen the cybersecurity of U.S. ports . The nation's port system is the main point of entry for trade, employs 31 million people, and generates over $5.4 trillion for the U.S. economy. One of the key areas of concern for the Biden administration and the executive order is the security of Chinese-manufactured cranes. Biden administration officials recently warned the nation's governors about the threat to water systems. Isles said it is important to identify the critical safety and business systems at the nation's ports.

Persons: Seroka, Gene Seroka, Anne Neuberger, Biden's, Biden cybersecurity, Neuberger, Biden, Christopher Wray, Google's, Mandiant, Adam Isles, order's rulemaking Organizations: Department of Transportation Maritime Administration, Security Operations Center, National, Technology, Biden, Coast Guard, U.S, Mitsui, FBI, Congress, Chertoff Group, American Association of Port Authorities, CNBC, Port Locations: Angeles Harbor, United States, of Los Angeles, of, Angeles, U.S, China, State, Texas, Muleshoe, Cannon, Clovis , New Mexico, Iran, Pennsylvania, cybersecurity, Port of Los Angeles

☆ Raimondo: Commerce Dept. will spend all of the CHIPS Act grant money this year
▼ + stars: | 2024-04-15 | by ( Megan Cassella | In | ) www.cnbc.com time to read: +2 min

TAYLOR, Texas — The Commerce Department is on track to dole out all of the $39 billion in grant money allocated under the CHIPS Act by year-end, Commerce Secretary Gina Raimondo told CNBC on Monday. The Commerce Department is providing the money to semiconductor companies to incentivize them to build out manufacturing production capabilities in the U.S. "I expect all of the money in the CHIPS Act will be allocated by the end of this year." The award announcements so far have focused primarily on leading-edge chips, the most advanced type of semiconductors. Now that the biggest grants have been doled out, future award packages will focus on memory chips and investments in suppliers, wafers, and chemicals, Raimondo said.

Persons: TAYLOR, Gina Raimondo, Biden, We'll, Raimondo, Taylor Organizations: The Commerce, CNBC, Commerce Department, U.S, Samsung, Texas —, Intel, Taiwan Semiconductor Locations: Texas, Arizona , New Mexico , Ohio, Oregon, Arizona, South Korea

☆ Congress cut funds cities need to handle the migrant surge
▼ + stars: | 2024-04-11 | by ( Tami Luhby | ) edition.cnn.com time to read: +7 min

Congress last month approved the fiscal year 2024 funding level for FEMA’s Shelter and Services Program in the federal funding package, nearly six months into the fiscal year. Rep. Joaquin Castro, a Democrat who represents San Antonio, said that immigration is a federal responsibility. “Funding from the Shelter and Services Program (SSP) has helped Catholic Charities and other groups in my city of San Antonio offer basic migrant services without straining local resources. “Due to the substantial demand that exceeds the limited SSP program funding authorized by Congress, not all requests can be fulfilled,” a DHS spokesperson told CNN. The Migrant Resource Center opened in July 2022 as a temporary place for migrants traveling through San Antonio.

Persons: of San Antonio doesn’t, Biden, Joaquin Castro, ”, of San Antonio, Antonio Fernandez, Fernandez, Greg Abbott, Mark Ritacco, John Giles, Giles, Ron Nirenberg, he’s, Joe Biden, Carlos Kosienski, Priscilla Alvarez Organizations: CNN, of San, Resource Center, Federal Emergency Management Agency, Democrat, “, Shelter, Services, Catholic Charities, Catholic, San, FEMA, GOP Texas Gov, Democratic, Republicans, Department of Homeland Security, Congress, National Association of Counties, US Customs, Protection, US, Mayors, Migrant Resource Center Locations: San Antonio, Washington, DC, Cities, Mexico, Atlanta ; Chicago ; New York City, Albuquerque , New Mexico, Laredo , Texas, Riverside County , California, Pima County , Arizona, Mesa , Arizona, Texas

☆ Arizona Upholds 160-Year-Old Abortion Ban
▼ + stars: | 2024-04-09 | by ( Jack Healy | ) www.nytimes.com time to read: +1 min

Arizona’s highest court on Tuesday upheld an 1864 law that bans nearly all abortions, a decision that could have far-reaching consequences for women’s health care and election-year politics in a critical battleground state. The 1864 law, the court said in a 4-2 decision, “is now enforceable.” But the court put its ruling on hold for the moment, and sent the matter back to a lower court to hear additional arguments about the law’s constitutionality. The Arizona Supreme Court said that because the federal right to abortion in Roe v. Wade had been overturned, there was no federal or state law preventing Arizona from enforcing the near-total ban on abortions, which had sat dormant for decades. The ruling could prompt clinics in Arizona to stop providing abortions and women to travel to nearby states like California, New Mexico or Colorado to end their pregnancies. Until now the procedure has been legal in Arizona through 15 weeks of pregnancy.

Persons: Wade Organizations: Arizona Supreme Locations: Arizona, Roe, California, New Mexico, Colorado

☆ Tara Davis-Woodhall: ‘My entire memo is have fun,’ says the ‘free-spirited’ US long jump star
▼ + stars: | 2024-04-09 | by ( George Ramsay | ) edition.cnn.com time to read: +7 min

It’s hard not to be swept up in Davis-Woodhall’s approach to the long jump, especially when she finds reason to laugh even in the heat of fierce competition. “My entire memo is have fun,” she tells CNN Sport. Long jump is one track and field discipline which governing body World Athletics seems interested in developing, such as by introducing a take-off zone in the place of a fixed board. “I think it might be a little silly,” she says, “just because you kind of take away from the principle of long jump. That’s even more true for an athlete like Davis-Woodhall, currently jumping further and with more confidence than ever before.

Persons: Tara Davis, Woodhall, dally, I’m, –, I’ve, Ben Stansall, Serbia’s Ivana Španović, ”, Davis, don’t, “, “ I’m, “ I’ve, ” Davis, Hunter Woodall, Michael Woods, “ Tara, Hunter, Hunter Woodhall, it’s, Michael Steele, Jon Ridgeon Organizations: CNN, CNN Sport, Davis, Paris Olympics, Tokyo Olympics, Woodhall, Doping Agency, ”, University of Texas, World Athletics Locations: Glasgow, Scotland, Davis, AFP, “, Albuquerque , New Mexico, Tokyo, Budapest, Hungary

☆ Arizona Reinstated a 160-Year-Old Abortion Ban
▼ + stars: | 2024-04-09 | by ( Matthew Cullen | ) www.nytimes.com time to read: +1 min

The court put its ruling on hold for the moment, allowing two weeks for arguments about the ban’s constitutionality. But if the law goes into effect, it will have far-reaching consequences for both abortion access and national politics. Until now, abortion has been legal in Arizona through 15 weeks of pregnancy. But the 1864 law, which was enacted many decades before Arizona became a state, outlaws abortion from the moment of conception, except when the procedure is necessary to save the life of the mother. Clinics in Arizona could soon close, forcing women seeking abortions to travel to California, New Mexico or Colorado to end their pregnancies.

Locations: Arizona, California , New Mexico, Colorado

☆ Oil holds onto gains as investors bet on tighter supply
▼ + stars: | 2024-04-01 | by ( ) www.cnbc.com time to read: +2 min

Oil prices edged down slightly on Monday, holding on to most of their recent gains amid expectations of tighter supply from OPEC+ cuts, attacks on Russian refineries and upbeat Chinese manufacturing data. Brent crude fell 17 cents, or 0.2%, to $86.83 a barrel by 0017 GMT after rising 2.4% last week. Drone attacks knocked out several Russian refineries, which is expected to reduce Russia's fuel exports. In Europe, oil demand was firmer than expected, rising 100,000 bpd on year in February, Goldman Sachs analysts said, versus its forecast of a 200,000 bpd contraction in 2024. Investors are also scouring U.S. economic data for signs of when the Federal Reserve will cut interest rates this year which will support the global economy and oil demand.

Persons: Brent, Alexander Novak, Goldman Sachs Organizations: . West Texas, of, Petroleum, bbl, Federal Reserve Locations: New Mexico, U.S, OPEC, Russian, Europe, 2024Q4

☆ Opinion | Can Intel Serve Two Masters?
▼ + stars: | 2024-03-29 | by ( Peter Coy | ) www.nytimes.com time to read: +2 min

This week I interviewed Pat Gelsinger, the chief executive of Intel, which is one of the most important companies in the United States. To Biden and Commerce Secretary Gina Raimondo, the special thing about Intel is that it doesn’t just design chips in the United States, as, for example, the current stock market darling Nvidia does. It’s planning to spend $100 billion over five years on manufacturing and research and development projects in Arizona, New Mexico, Ohio and Oregon. While all three of those rivals have some U.S. production, Intel is the only one that has U.S. headquarters and its most advanced production and process technology R & D in the United States. Raimondo, at the announcement in Arizona, called Intel “America’s champion semiconductor company.”

Persons: Pat Gelsinger, Biden, Gina Raimondo, “, Raimondo, ” Organizations: Intel, Biden, Nvidia, Commerce Department, T.S.M.C, Samsung Locations: United States, Arizona , New Mexico , Ohio, Oregon, Taiwan, South Korea, Abu Dhabi, Arizona

☆ The quiet rally in energy continues, lifting our lone oil-and-gas stock higher
▼ + stars: | 2024-03-25 | by ( Jeff Marks | ) www.cnbc.com time to read: +5 min

The rally this month comes alongside roughly $3-per-barrel rally in the price of oil, while natural gas has slipped back. "There's a piece in the Wall Street Journal about how AI data centers will consume so much power that it could overwhelm the grid. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.

Persons: Jim Cramer, Coterra, Nelson Peltz, Jim, Mizuho, Ford, Eaton, Jim Cramer's, Liz Hampton Organizations: CNBC, Dow Jones Industrial, Nasdaq, Energy, Club, Disney, Barclays, Nvidia, GTC, Ford, Rivian Automotive, Eaton Corp, Street Journal, Jim Cramer's Charitable Locations: California, Loco Hills, New Mexico, U.S

☆ Republican budget proposal would do away with universal free school lunches
▼ + stars: | 2024-03-24 | by ( Kenneth Niemeyer | ) www.businessinsider.com time to read: +3 min

A 2025 budget proposal backed by 170 House Republicans would nix a universal free school lunch program. Only nine states provide free school lunch to all students right now. The budget aims to reform school lunch subsidies by eliminating the "community eligibility provision" from the federal School Lunch Program. The proposed RSC Budget would eliminate that provision to ensure school lunch provisions go to only "truly needy households," the report says. States with universal free lunch include California, Colorado, Illinois, Michigan, Minnesota, Main, Massachusetts, New Mexico, and Vermont.

Persons: nix, —, Kevin Hern of, Hern, Crystal FitzSimons, FitzSimons Organizations: Republicans, Republican, Service, Committee, Representatives, Budget, NYC Food Policy, Hunter College ., DC, Conservative, Food Research, Action Center Locations: NYC, California , Colorado , Illinois , Michigan, Minnesota, Main , Massachusetts, New Mexico, Vermont, Washington, Kevin Hern of Oklahoma

☆ I spent years considering van life and finally embarked on a 2-week trip last fall. 5 months later, I'm still dreaming of the lifestyle.
▼ + stars: | 2024-03-21 | by ( Monica Humphries | ) www.businessinsider.com time to read: +7 min

The concept of van life has intriqued me for years. I've interviewed dozens of nomads who encouraged others to try van life with shorter trips. AdvertisementThose desires could be answered with van life — especially since the version of van life I saw scrolling on Instagram and TikTok seemed to fit my outdoorsy lifestyle. Related storiesI knew two weeks wasn't enough to experience every aspect of van life. Plus, the company's vans were what I dreamed of when I pictured van life.

Persons: I've, —, Monica Humphries, Maddy Garrett, Ram Organizations: Service, Valley Music, Arts, Gatorade, Allied Market Research, Business, Subaru, Walmart, Costco Locations: Bryce, United States, RVs, Albuquerque , New Mexico, Denver, New Mexico, Las Vegas

ALBUQUERQUE, N.M. (AP) — A fourth officer has resigned during an investigation into alleged wrongdoing by officers assigned to a unit charged with stopping impaired drivers, the police department in Albuquerque, New Mexico, said. Investigators had been trying to schedule an interview with Nelson Ortiz, but he resigned on Thursday, the department said in a news release. Ortiz joined the department in January 2016 was assigned to the DWI unit from 2018 to 2021. The police department launched the probe into officers who were currently or previously working for the unit. Photos You Should See View All 60 ImagesThe investigation has partly focused on DWI criminal cases filed by specific officers that were eventually dismissed, the Journal reported.

Persons: —, Nelson Ortiz, Ortiz, Justin Hunt, Honorio Alba, Harvey Johnson Organizations: FBI, Albuquerque Journal Locations: ALBUQUERQUE, N.M, Albuquerque , New Mexico

☆ Blaise Taylor: Texas A&M analyst indicted in poisoning deaths of girlfriend, unborn baby
▼ + stars: | 2024-03-16 | by ( Jamiel Lynch | ) edition.cnn.com time to read: +3 min

CNN —Blaise Taylor, an analyst at Texas A&M and son of the school’s associate head coach, was arrested in Utah on Thursday after being indicted in the 2023 deaths of his girlfriend and her unborn child, according to Nashville police. He was held without bail Friday night at the Cache County Jail in Logan, Utah, jail records show. She was rushed to a hospital that night, after Taylor called 911 and told them “Benning appeared to be having an allergic reaction,” according to police. Trooper Taylor is now an associate head coach on offense and running backs coach at Texas A&M. “We also would like to extend our prayers and support to Coach Trooper Taylor, Dr. Evelyn Taylor and their family as they navigate this extremely difficult time.”

Persons: CNN — Blaise Taylor, Taylor, ”, Taylor “, Benning, Adam Reese, Wednesday’s, “, Trooper Taylor, Mike Elko, Dr, Evelyn Taylor Organizations: CNN, Texas, Nashville police, Arkansas State, Nashville Police Department, Authorities, Police, Homicide, Medical, Office, Nashville, Baylor, Oklahoma State, Auburn Locations: Utah, Cache, Logan , Utah, Lebanon, Baylor , New Mexico, Tulane , Tennessee, ” Texas

☆ A tax expert shares 3 little-known concepts every real-estate investor should know about, including one that could eliminate capital gains taxes
▼ + stars: | 2024-03-14 | by ( Kathleen Elkins | ) www.businessinsider.com time to read: +7 min

"It's section 1250 in the tax code, and that tax rate is 25% at the federal level, regardless of whatever marginal income tax bracket you're in." In addition to owing capital gains tax on the $500,000 of appreciation they experience, they're also subject to depreciation recapture tax. As a DST investor, you essentially own fractions of the investment properties, typically high-grade institutional properties, owned by the trust. A step-up in basis can reduce or eliminate capital gains taxesA "step-up in basis" can help heirs reduce or even eliminate capital gains taxes. That means, if the surviving spouse wants to sell, they can save big on capital gains taxes.

Persons: —, Austin Bowlin, they're, Bowlin, aren't Organizations: Service, Real, Business, IRS, Midwest, Investors Locations: Delaware, Texas, Arizona , California , Idaho , Louisiana , Nevada , New Mexico , Texas, Washington, Wisconsin

☆ Food prices hold steady, but Americans have a beef with the cost of a burger
▼ + stars: | 2024-03-12 | by ( Alicia Wallace | ) edition.cnn.com time to read: +7 min

For burger proprietors — including smaller, mom-and-pop shops — and burger lovers alike, the price environment may not get any easier. Nearly eight decades later, the Owl Burger remains a draw, but it’s become noticeably more expensive since Covid. “Maybe 45 cents each year,” Argabright told CNN in an interview, adding that the Owl Burger sits at $7.95 now. “When you’re ordering pounds and pounds and pounds of it, it adds up pretty quick.”Beth Steele, founder of Beth's Burger Bar, in Edgewood, Florida. Where’s the beef price headedLike most aspects of inflation, there are several contributing factors behind higher burger prices.

Persons: that’s, ”, Tyler Schipper, Thomas, “ We’re, Wendy’s, Fries, Burger, Frank Chavez, it’s, Janice Argabright, ” Argabright, Beth Steele, Steele, “, hasn’t, we’re, Schipper, “ Don’t, ” Schipper Organizations: CNN, University of St, Trinity, Beth’s, Beth's, American Farm Bureau Federation Locations: Minnesota, San Antonio , New Mexico, Orlando, Beth’s Burger, Beth's Burger, Edgewood , Florida, Texas

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