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☆ 4 of the most competitive rental markets in the country added virtually no new apartments in 2023. It shows the housing crisis isn't going away.
▼ + stars: | 2024-03-15 | by ( Eliza Relman | ) www.businessinsider.com time to read: +3 min

Read previewThe most competitive rental markets in the country are failing to add enough new housing. That's according to a new analysis of the country's 139 largest rental markets by RentCafe, which found that 17 of the 20 most competitive rental markets in the US are building less than the national average. Miami has the most competitive rental housing market in the country, the report found. Just 3.5% of Miami's rental apartments were vacant early this year — far below the five to eight percent vacancy rate that's considered healthy. Seven midwestern cities are among the top 20 most competitive markets in the US.

Persons: —, RentCafe Organizations: Service, RentCafe, Oklahoma City, Silicon Valley , California —, Business, Income Housing Coalition, —, Miami, Chicago . College towns —, University of Arkansas Locations: Oklahoma, Bridgeport, New Haven, Connecticut, Lansing, Ann Arbor , Michigan, Silicon Valley , California, Brooklyn , New York, San Diego, North New Jersey, Miami, Midwest, Milwaukee, North Jersey, Chicago, Fayetteville

21 Oklahoma State rallied from an 18-point deficit to beat BYU 40-34 on Saturday, securing a spot in the Big 12 Championship game. It's been that kind of year for Oklahoma State — unpredictable but, ultimately, successful. Political Cartoons View All 1265 Images“We sure make it hard on ourselves to get to where we want to go,” Oklahoma State coach Mike Gundy said. Gordon’s 15-yard touchdown with 53 seconds remaining put Oklahoma State ahead 27-24, but BYU’s Simi Moala blocked the extra point. But they couldn't sustain drives for most of the second half, allowing Oklahoma State to rally.

Persons: State's, Ollie Gordon II, Trey Rucker, Isaac Rex, It's, Mike Gundy, ” Gundy, They’ve, Gordon, Barry Sanders, ” Gordon, they’ve, ” Alan Bowman, Leon Johnson III, Jake Retzlaff, Retzlaff, Kedon Slovis, Simi Moala, Will Ferrin, Gordon’s, Gordon's, Bowman, Rashod Owens, Eddie Heckard, Keelan Marion, Kalani Sitake, “, outgaining, QUOTABLE Gordon, ___ Organizations: BYU, Cowboys, Oklahoma State, Big, The Cowboys, Oklahoma, UCF, Houston, ” Oklahoma, Texas, T, Cougars, Ferrin, ”, College Football, AP Locations: STILLWATER, Okla, Oklahoma, South Alabama, ”, Arlington , Texas, “, “ Texas

SAN ANTONIO (AP) — Victor Wembanyama’s first win of his rookie season with the San Antonio Spurs came with no fans present, no referees around and didn’t even require the use of a basketball. “I wanted to win.”Get used to that, San Antonio. They were oft-asked in recent years; then the Spurs got Wembanyama and Popovich signed for five more seasons. The Spurs won 22 games last season — the third-worst season in franchise history — and missed the playoffs for the fourth consecutive season. A simple wish, quickly granted, showed Wembanyama right away what San Antonio can be like.

Persons: — Victor Wembanyama’s, Wembanyama, ” Wembanyama, “, ”, Doug McDermott, Reggie Bullock, Wembanyama —, Bullock, “ I’ve, Thomas Bryant, Bryant, “ We’ve, we’ve, Erik Spoelstra, Spoelstra, Popovich, Heat —, ” Spoelstra, He’s, smarts, —, ” Popovich, Chet Holmgren, he’s, “ It's, Tim Reynolds, ___ Organizations: ANTONIO, San Antonio Spurs, Spurs, NBA, ” Spurs, Houston, The Miami Heat, ”, Oklahoma, San Locations: San Antonio, midcourt, Chicago, Texas, France, Miami

NORMAN, Okla. (AP) — Oklahoma quarterback Dillon Gabriel has put up big numbers for years. “Competition should bring out the best of everyone if you’re made of the right stuff," Oklahoma coach Brent Venables said. Drake Stoops, former Oklahoma coach Bob Stoops' son, leads the team with 25 receptions. All of it together is great chemistry, great understanding by everybody involved, then everybody gets an opportunity to have some success." Last week, Gabriel passed for three touchdowns and ran for two in a 50-20 win over Iowa State.

Persons: NORMAN, Okla, Dillon Gabriel, hasn't, Gabriel, “, ”, Jaylan Ford, Jackson Arnold, Venables, Arnold's, you’re, Brent Venables, ” Gabriel doesn't, Nic Anderson, Rodney Anderson's, Drake Stoops, Bob Stoops, Andrel Anthony, ” Venables, Dillon, ” Drake Stoops Organizations: — Oklahoma, Central, Sooners, College, Cotton, Oklahoma, Iowa State, AP Locations: Central Florida, Oklahoma, Texas, Dallas

OKLAHOMA CITY (AP) — Oklahoma City Mayor David Holt unveiled a proposal Tuesday for a new $900 million downtown arena that would keep the NBA’s Thunder in the city through at least 2050 if approved by voters. The deal calls for at least $900 million to be spent constructing the new arena. According to a city press release, the proposal will be presented to the nine-member Oklahoma City Council on Sept. 26. If approved, Holt says the Thunder will play in the new arena for at least 25 years. “For a generation, we will retain the economic impact and quality-of-life benefits we have enjoyed as a big-league city.”Political Cartoons View All 1154 ImagesThe NBA franchise moved to Oklahoma City in 2008 from Seattle.

Persons: David Holt, Holt Organizations: OKLAHOMA CITY, Oklahoma City, Thunder, Oklahoma City Council, NBA Locations: Oklahoma, Seattle

☆ Giving babies a government trust fund at birth could help get rid of student debt and build wealth, report says
▼ + stars: | 2022-12-07 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +5 min

Democrats released a report highlighting the benefits of "Baby Bonds," which are trust funds given to kids at birth. The report said that the funds would help Americans build wealth over a lifetime. It could help reduce the need for students to take on excessive debt to go to college. On Wednesday, the Joint Economic Committee — led by Democratic Rep. Don Beyer — released a report on the benefits of "Baby Bonds." Baby Bonds could be a part of that.

☆ US gas prices have fallen to their lowest since February and could drop below $3 by Christmas, GasBuddy says
▼ + stars: | 2022-11-29 | by ( Zahra Tayeb | ) www.businessinsider.com time to read: +3 min

US gas prices fell to their lowest since February and could drop below $3 a gallon, GasBuddy said. Three states — Oklahoma, Texas and Mississippi — now have average prices of $2.99 a gallon, De Haan said in a tweet. Gas prices topped $5 a gallon in June, as global oil prices soared thanks Russia's war with Ukraine and an energy crisis in Europe. On Monday, crude oil prices have came under downward pressure as traders worried about a fall in demand from China, the world's second-biggest economy, as public protests erupted over the country's strict zero-Covid policies. Meanwhile, US demand for oil is under seasonal pressure, as cooler temperatures encourage Americans to stay at home, GasBuddy said.

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