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Despite all the good news, there’s one giant, inescapable reason why people don’t feel like the economy is as good as it actually is. Shelter costs — which include rent and an estimated cost of homeownership — were up 5.4% from a year ago. There are some early signs that the housing market is becoming a bit less stuck. At the same time, the one-two punch of inflation and high borrowing costs have discouraged first-time buyers, reducing competition for houses. Of course, as Powell noted in his speech Wednesday, it may take “years” for housing inflation to normalize.
Persons: CNN Business ’, We’re, supercore, doesn’t, , , , Jay Parsons, Jerome Powell, It’s, Orphe Divounguy, Zillow, ” Divounguy, Powell, There’s, Douglas Duncan, Fannie Mae Organizations: CNN Business, New York CNN, Locations: New York, Madera, Texas
Mr. Butcher was the Michelangelo of Missouri, and his adorable snub-nosed Precious Moments characters were “the Beanie Babies of porcelain,” as The Wall Street Journal once put it. Their zealous collectors, who numbered in the hundreds of thousands, built rooms for their Precious Moments figurines, convened in regional clubs and made pilgrimages to Carthage, where they slept in the Precious Moments motel or the R.V. park, marveled at the Precious Moments Fountain of the Angels, dined in the Precious Moments food courts and wandered the 30-acre grounds. (Carthage also hosted Precious Moments weddings.) There were hundreds and hundreds of Precious Moments licensees, which made hats, keychains, watches, greeting cards, books and a children’s Bible.
Persons: Sam Butcher, Jon, Mr, Butcher, Michelangelo, Missouri, marveled, Van —, , . Butcher Organizations: Wall Street, Angels Locations: Carthage, Mo
These tiny EVs are making a big impact
  + stars: | 2024-05-17 | by ( Tom Carter | ) www.businessinsider.com   time to read: +4 min
Here are some of the tiny EVs making a splash in Asia and Europe. AdvertisementChief among those is the Seagull, a tiny EV that can go 305 km on a single charge and costs $11,000. SOPA Images/Getty ImagesJapan has long had a soft spot for tiny EVs, known as Kei cars — and the Nissan Sakura is one of the most popular. BITechnically speaking, the Citroen Ami isn't an electric car at all, but an "electric quadricycle." The tiny microcar has been on sale in Europe since 2021, with a UK launch mooted for later this year.
Persons: , Nissan Sakura, Tesla, Aly Song, Reuters BYD, Elon, HECTOR RETAMAL, Citroen Ami, Citroen Ami isn't, Ami, Merlin Ouboter Organizations: Service, Nissan, Tesla, Ford, Business, Reuters, SAIC, General Motors, Japan, Citroen, BI, Getty Locations: China, Japan, Europe, Asia, Guang, Shanghai, France, London, Swiss
At least 4 people are dead and almost 1 million are without power. AdvertisementA series of powerful thunderstorms packing hurricane-force winds smashed through Houston on Thursday, leaving at least 4 people dead and nearly 1 million without power. And damage to the grid could leave some parts of Texas's largest city without electricity for weeks, one county executive said. Harris County Judge Lina Hidalgo said on Friday that the storm flipped an 18-wheeler and toppled power transmission towers. This story is available exclusively to Business Insider subscribers.
Persons: Houston, , Lina Hidalgo Organizations: Service, Business Locations: Houston, Texas's, Harris
So he decided to move from his city of 24,000 along the beach to a town of just 900 in rural Arkansas. While many older Americans continue moving to Florida, some have told BI that Florida has lost its feeling of "paradise." AdvertisementLeaving Florida and settling in ArkansasNovak was born in New Jersey but moved to Florida at 19. His wife wanted to sell his 4,000-square-foot Florida home, as their kids had moved out, and he and his wife wanted to downsize. AdvertisementMilan Novak bought his small home for $38,000 a decade ago in Mammoth Spring, Arkansas.
Persons: , Milan Novak, he's, Novak, they'll, Arkansas Novak, Novak Fulton, there's, you'd, I'd Organizations: Service, Business, Chrysler Dodge, South Central, Realtors, Novak Fulton County, Walmart, Social Locations: Arkansas, Florida, Missouri, New Jersey, Edgewater, Daytona, Florida's, Willow Springs, Missouri's Ozark, Spring , Arkansas
Mr. Biden will almost assuredly make jokes at Mr. Trump’s expense and poke fun at the Washington press corps. But Mr. Biden could also take a victory lap for a spate of good news in recent days. On Thursday, Mr. Biden promoted a $6.1 billion grant to a chip manufacturer that he said would bolster the nation’s supply of semiconductors, contributing to what he has labeled “the great American comeback story.”And on Friday, Mr. Biden made a surprise visit to “The Howard Stern Show,” hosted by America’s best-known shock jock. The president spoke at length about deeply personal events, showing an emotionally vulnerable side to Mr. Stern’s large audience of middle-class Americans. And, in a notable shift, he said he would debate Mr. Trump.
Persons: Joseph R, Biden, — cranking, Donald J, Trump, Mr, Howard Stern, , America’s Organizations: Republican, Trump, White, , Mr, Washington Locations: Washington, North America’s, Ukraine, Israel, Taiwan, New York
As in the past, Biden told the story on Friday while recounting what his mother supposedly said while urging him to accept Barack Obama’s 2008 offer to be his running mate. His mom, he said, did not want him to turn down a man who was vying to become the first Black president. No other Biden memoir, either, says he was arrested at such a protest. They include the false claim that he “used to drive an 18-wheeler” and the false claim that he has never earned $400,000 in a year. After media outlets found no evidence of such an arrest, Biden told CNN that he had been “stopped” in South Africa but did not mean to say arrested.
Persons: Joe Biden, Howard Stern, , , Biden, Barack, Stern, ‘ Joey, , PolitiFact, Oprah Winfrey, Winfrey, you’d, Biden’s, Nelson Mandela, Mandela Organizations: Washington CNN, Washington Post, Wilmington News, CNN Locations: Delaware, Wilmington, African, , South Africa
"It was meant for all global EV manufacturers and domestic manufacturers." While much of the "buzz has been around Tesla," Singh underscored the initiatives will also attract other foreign automakers, highlighting that Vietnam's leading EV maker "VinFast has already announced its intent." In February, VinFast broke ground on its integrated EV manufacturing facility in India's southern state of Tamil Nadu. As competition in India's EV sector remains limited, the entry of major players like Tesla, will level the playing field, MG Motor India's CEO Emeritus Rajeev Chaba told CNBC. Robust trajectoryAccording to Counterpoint Research, India's EV sales nearly doubled in 2023, driven by rising consumer interest and government initiatives, among other factors.
Persons: Rajesh Kumar Singh, CNBC's, Singh, VinFast, Elon Musk, Narendra Modi, Tesla, Rajeev Chaba, EVs, Modi, Ola, Bain Organizations: Department, Promotion, Industry, Internal, EV, CNBC's Sri, Motor, CNBC, Counterpoint Research, International Energy Agency, TVS Motor, Bajaj, Ampere, Bain & Company Locations: India, Tamil Nadu, China
An AWS spokesperson said in an emailed statement that the company has introduced more cost-effective options for moving data. As of March, AWS had removed Snowmobile from its website, and the Amazon unit has stopped offering the service, CNBC has confirmed. Andy Jassy, now Amazon's CEO, called it the Snowmobile, and said the company would be using the truck to help customers speedily transfer data to Amazon Web Services facilities. "We intend to make sure that Snowmobile is both faster and less expensive than using a network-based data transfer model," Barr wrote. Clients generally find that sending data to AWS online is more economical than using Snowmobile, the company said.
Persons: we've, Andy Jassy, Jassy, Jeff Barr, Barr, Maxar, There's, we're Organizations: AWS, CNBC, Amazon Web Services, Amazon, Microsoft Locations: Las Vegas
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailRegulated gambling in sports increases fan engagement, investment bank saysMatthew Wheeler of A&W Capital says "there is an inevitability about the regulation of gambling."
Persons: Matthew Wheeler of Organizations: W
Tessa Wheeler helped lead the dig and taught the team valuable archaeological skills. An exhibit at the Verulamium Museum highlights the contributions. AdvertisementIn the early 1930s, a 13-year-old girl, Helen Carlton-Smith, helped excavate a former Roman settlement. A network of female archaeologistsCarlton-Smith's diary also revealed how Tessa Wheeler helped instruct the men and women working on the excavation. Advertisement"I believe the real heroine of the story is Tessa Wheeler," Diggins said.
Persons: Helen Carlton, Smith, Tessa Wheeler, , Verulamium, Mortimer Wheeler, Tessa Verney Wheeler, Lexi Diggins, Diggins, Smith's, Helen, Helen of Troy, Carlton, Kathleen Kenyon, Peggy Piggot Guido, Tessa Wheeler's Organizations: Verulamium Museum, Service, London Museum, Carlton, St Albans Locations: what's, Hertfordshire, England, Roman, British, Sutton
Maruti Suzuki, Tata Motors and Mahindra & Mahindra reported higher car sales in March, wrapping up fiscal 2024 at record levels, monthly data from the automakers showed on Monday. Maruti Suzuki , Tata Motors and Mahindra & Mahindra reported higher car sales in March, wrapping up fiscal 2024 at record levels, monthly data from the automakers showed on Monday. Each month, automobile makers in India release wholesale numbers, or vehicle sales to dealers. A surge in domestic sales of pricier sport utility vehicles, or SUVs, last year has extended into 2024. Utility vehicles accounted for nearly 60% of total passenger vehicle sales from April 2023 to February 2024, according to industry data.
Persons: Maruti Suzuki Organizations: Tata Motors, Mahindra Locations: India
When Oregon embarked on a landmark plan three years ago to decriminalize hard drugs, it wagered that a focus on treatment over punishment would create a new model for drug policy around the country. But after a deluge of overdose deaths and frequent chaos in the streets of Portland, Gov. Tina Kotek signed into law on Monday a measure to restore criminal penalties for drug possession. The rollback has supporters among a wide range of public officials, including Mayor Ted Wheeler of Portland, who found himself presiding over a series of crises since taking office in 2016. He has battled in court to ban daytime camping and tried to establish mass shelter locations (known in Portland as TASS sites) for those without housing.
Persons: Tina Kotek, Ted Wheeler, Wheeler Organizations: Oregon, Gov Locations: Portland
Erin Schaff/The New York TimesForce of Ship Collision Was on the Scale of a Rocket LaunchThe container ship Dali appeared to move sluggishly before striking the Francis Scott Key Bridge in Baltimore on Tuesday. Experts disagreed on whether it was reasonable for any bridge pier to withstand a direct collision with a massive container ship. F = ma force mass acceleration F = ma force mass accelerationOur first task, and a major source of uncertainty, was finding those numbers. F= (100,000 to 195,000 metric tons) × (7.8 mph - 2.5 mph) / 38 seconds mass acceleration F= (100,000 to 195,000 metric tons) × (7.8 mph - 2.5 mph) / 38 seconds mass acceleration For the actual calculation, we used metric units. We tried one more method: using a formula to calculate the ship collision force published by the American Association of State Highway and Transportation Officials, the industry organization that publishes bridge safety standards.
Persons: Erin Schaff, Dali, Francis Scott Key, , , Ben Schafer, Nii, Sherif El, Themistoklis Sapsis, Tawil Organizations: The New York Times Force, Empire, Saturn, Johns Hopkins, University of Maryland, University of Michigan, M.I.T, American Association of State, Transportation, U.S . Army Corps, Engineers, Reuters, Sunshine Skyway Locations: Baltimore, Dali, Tampa Bay, Florida
Members of the GOP have expressed their opposition to the guaranteed basic income programs that are popping up in cities and counties nationwide. Guaranteed basic income programs grant select participants cash with no strings attached for a period of time. They are a more targeted version of universal basic income programs, which grant funds to an entire population. In Hudson, a town of about 6,000 people, a privately funded basic income program grants recipients $500 monthly for five years. Even so, some experts say guaranteed basic income won't make it on the federal level because of ongoing problems with existing programs, such as Supplemental Security Income.
Persons: , Ronald Reagan, Kamal Johnson, Johnson, Steve Holt, Skyler Wheeler, Holt, Donald Trump, Trump, Dennis Culhane Organizations: Service, GOP, Republican, Street Journal, Business, Democratic, University of Pennsylvania Locations: Hudson , New York, Hudson, Texas , Arizona , Iowa, South Dakota, Iowa
(AP) — Vanessa DiBernardo scored the first goal for Kansas City in its new stadium and the Current held off the Portland Thorns 5-4 on Saturday in the regular-season opener for the National Women's Soccer League. Rookie Ellie Wheeler scored moments later and the Current built a 3-1 lead by halftime. It was the first game at CPKC Stadium, which the team says is the first U.S. stadium built expressly for women’s pro soccer. Andonovski also coached two seasons with the Reign before taking over the U.S. national team. Brittany and Patrick Mahomes, part of the Current's ownership group, kicked off the game with a “K.C., baby!” chant.
Persons: — Vanessa DiBernardo, Shelby Hogan, DiBernardo, Ellie Wheeler, Bia Zaneratto, Kristen Hamilton, Alex Pfeiffer, Sophia Smith, Janine Beckie, Smith, Hamilton, Pfeiffer, Beckie's, Vlatko Andonovski, Andonovski, Patrick Mahomes, ___ Organizations: KANSAS CITY, Kansas City, Portland Thorns, National Women's Soccer League, ABC, ESPN, CBS Sports, Amazon Prime, Scripps Sports, Portland, U.S, FC Kansas City, U.S . Locations: KANSAS, Mo, U.S, Missouri, Brazil, Brittany
We’re hoping that we even get kids watching their dogs in their backyard and seeing if their dogs behave interestingly during the eclipse,” Hartstone-Rose said. The next total solar eclipse that will be visible across the contiguous United States won’t appear until August 2044. The space agency is expecting far larger numbers for the 2024 total solar eclipse — nearly 2,500 people have already signed up, she added. “(During a total solar eclipse) you have so many different ways the light is scattering, so there’s these beautiful colors of orange and purple and green. “It’s kind of a great human sensory experience to be in the middle of a total solar eclipse.”
Persons: , Adam Hartstone, Rose, Hartstone, , that’s, Kelsey Perrett, United States won’t, Bryan Pijanowski, , Pijanowski, William M, Wheeler, John Griffioen, Griffioen, Perrett, ” Perrett, ” Pijanowski Organizations: CNN, American, North Carolina State University, Nashville Zoo, Solar, Fort Worth Zoo, NASA, Center, Purdue University, Buffalo Zoo, Zoo, Toledo Zoo, Indianapolis Zoo Locations: Columbia , South Carolina, United States, Raleigh, , Grassmere, Mexico, Canada, Texas, North America, West Lafayette , Indiana, Fort, New York, Arkansas, Ohio
The project, known as Direct File and launched by the IRS on a limited basis in 12 states this tax season, is in its pilot phase. Derek Wheeler, director of the Low-Income Taxpayer Clinic at the University of Florida’s Law School, said his clinic has referred less than a dozen clients to the Direct File system. His legal clinic has partnered with the IRS and selectively identifies clients who may be eligible to submit their taxes through the program. One of their biggest criticisms is that free tax prep services already exist for people of all income brackets and developing the Direct File system will end up costing taxpayers billions of dollars. But after using Direct File, she said, “I feel foolish for paying all that money every year.”
Persons: Dixie Warden, ” Warden, Warden, She's, , Obama, Derek Wheeler, Wheeler, Grover Norquist, Joe Biden, , Norquist, Daniel Werfel, Vanessa Williamson, ” Wheeler, she’ll, Organizations: WASHINGTON, IRS, Affordable, University of Florida’s Law, Associated Press, Tax, Urban, Brookings Tax Policy, Organization for Economic Cooperation, Development, University of Florida, House Republicans, Congress Locations: Kyle , Texas, Florida, New Hampshire , Nevada , South Dakota , Tennessee , Texas, Washington , Wyoming , Arizona , Massachusetts, California, New York, United States, Germany, Japan, Britain, U.S
Read previewAs guaranteed basic-income programs get more popular, opposition is also on the rise. Several lawmakers, like Arizona's Gillette, believe that income programs would discourage work and could raise taxes. A recently introduced bill in South Dakota would ban basic-income programs at the state level and prevent municipal governments from creating local programs. AdvertisementDespite opposition, basic-income program participants have seen benefitsPilot income programs have remained divisive with policymakers, but several major cities have seen positive results. In 2020, former Twitter CEO Jack Dorsey pledged $15 million to Mayors for a Guaranteed Income, which helped 25 cities and towns nationwide begin basic-income programs.
Persons: , Dia Broncucia, Justin Searls, John Gillette, Gillette, Arizona's Gillette, Lupe Diaz, Steve Holt, Skyler Wheeler, Sen, John Wiik, Paul Bettencourt, Bettencourt, Harris, I've, Ivanna Neri, Neri, UpTogether, Tony Evers, Austin, Stephanie Hendon, Louis, Jack Dorsey, Mark, Anthony Middleton Organizations: Service, Business, Income, Austin, BI, Republican, Republicans, GOP, Social Security, Iowa GOP, Houston Public Media, Gov, Madison Forward Fund, Madison Locations: Denver, Arizona, Arizona , Iowa, South Dakota , Texas, Wisconsin, Phoenix, Iowa, South Dakota, Texas, Houston, UpTogether, Harris, Madison, Minneapolis , Northern Virginia, Boston, St, Oregon, Durham
The state of Alaska — which covers 665,384 square miles (426 million acres) — is home to five of the 15 least-visited national parks for 2023. Wrangell-St. Elias National Park & Preserve, Alaska - 78,305 recreation visitsAmerica’s largest national park, Wrangell-St. Elias encompasses 13.2 million acres — or about the size of Yellowstone National Park, Yosemite National Park and Switzerland combined, the Park Service says. Dry Tortugas National Park, Florida - 84,285 recreation visitsThis island park in Florida is among 20 National Park Service sites that broke visitation records in 2023. Channel Islands National Park, California - 328,746 recreation visitsStretching over five islands and the surrounding ocean, Channel Islands National Park offer opportunities to hike, snorkel, kayak, birdwatch and more. While Pinnacles may rank among the 15 least-visited national parks, it gets very busy on weekends, holidays and throughout the spring, according to a notice on the park’s website.
Persons: Alaska’s Gates, , ” Peter Christian, fa’asamoa, Gates, , Katmai, Brooks Camp, Elias, Lumir, Nabesna, McCarthy Organizations: CNN, &, CNN Travel, of, Park Service, National Parks, & Preserve, South Pacific, Hawaiian Airlines, Lake Clark, National Park Service, Getty, Isle Royale, NPS, Wolves, Elias, Park & Preserve, Yosemite National, Voyageurs National, Voyageurs National Park, ” Voyageurs, Voyageurs, Service, Channel Locations: Alaska’s, Fairbanks, Alaska, of American Samoa, South, Samoa, Smoky, Wild Rivers, American Samoa, Honolulu, , Alaska, Isle, Lake Superior, Isle Royale, Park , Michigan, Brooks, , Washington, Wrangell, St, Elias, Yellowstone, Yosemite, Switzerland, , Florida, Florida, Key, Fort Jefferson, , Nevada, Minnesota, Voyageurs National Park , Minnesota, Canada, Guadalupe, Park , Texas, Texas, Salt, , South Carolina, South Carolina, Congaree, There’s, Santa Cruz, , California, Southern California
In the dead of night last April, state drug agents in Oklahoma intercepted an 18-wheeler rumbling east toward the Arkansas border smuggling 7,000 pounds of marijuana hidden in security camera boxes. The weed was from licensed farms in Oklahoma, according to the State Bureau of Narcotics. But the driver was heading to New York, where his cargo could fetch millions of dollars among legacy street dealers and new, rogue dispensaries that make up the illicit market, officials said. New York, like other states, has legalized marijuana but has been very slow to allow licensed retail outlets to open and licensed producers to expand. As a result, many states with a surplus of legal weed, like Oklahoma, have found a lucrative market for their products on the streets and in unlicensed dispensaries in New York.
Organizations: State Bureau of Narcotics Locations: Oklahoma, Arkansas, New York
Read previewTaylor Swift is getting roasted for her private jet trips — and some of them might not even be hers. Jack Sweeney, the college student known for tracking Swift and other celebrities' aircraft on social media, posted on X via the account dedicated to tracking Swift's jet: "These short flights are likely maintenance or demo flights." AdvertisementA private jet linked to Taylor Swift took two short flights on January 30. Courtesy of JetSpySwift still owns another private jet, a Dassault 7X. AdvertisementSwift has tried to mask her private jet travelsIt's far from the first time Swift has faced criticism for her jet travel.
Persons: , Taylor Swift, Stogna, Swift, Jack Sweeney, JetSpy Swift, Louis, Van, Bob Hope, Travis Kelce, Charles B, Swift's, She's, Sweeney Organizations: Service, Business, Dassault Falcon, Federal Aviation Administration, Google, Dassault, Nashville, Bob Hope Airport, BI, Chiefs, Wheeler, Airport, PIA Locations: Stogna Bologna, @1000waystoRy, Illinois, Missouri, St, Las Vegas, Burbank , California, Nashville, Los Angeles, Van Nuys, Kansas City, Kansas
This as-told-to essay is based on a conversation with Dan Meers, 57, who has played KC Wolf, the mascot for the Kansas City Chiefs, for 34 years. They were starting up a new mascot program — this new KC Wolf character — and wanted to know if I was interested. I've walked five women down the aisle dressed as KC Wolf. Now I've actually got a tuxedo that fits KC Wolf. This week, ahead of the Super Bowl, we've got 42 KC Wolf appearances in Kansas City.
Persons: Dan Meers, KC Wolf, Louis, Truman, , I'm, Reed Hoffmann, I've, She's, we've, It's, you've, SpongeBob, Homer Simpson, we'd Organizations: KC, Kansas City Chiefs, University of Missouri, Tiger, St, Louis Cardinals, Chiefs, Associated, Kansas City, KC Wolf, Kansas Locations: St, Charles , Missouri, Vegas, Kansas, Kansas City
How long will your dog live? Measure its nose
  + stars: | 2024-02-03 | by ( Amanda Schupak | ) edition.cnn.com   time to read: +6 min
CNN —Is your dog a small male with a long nose? If so, your furry companion is more likely to be at your side for a long time, according to new research. Small and medium dogs with pronounced schnozes lived over 12 years on average, while flat-faced dogs of all sizes fell short of that mark. The study includes millions of data points, but it doesn’t necessarily represent the full spectrum of companion dog life, McMillan said. “The ethical and welfare concerns surrounding dog breeding have become one of the most important issues — if not the most important issue — within canine welfare,” McMillan said.
Persons: , Kirsten McMillan, ” McMillan, expectancies, Shiba Inus, schnozes, Dan O’Neill, ” Esme Wheeler, , Wheeler, Silvan, ” Urfer, “ I’m, McMillan Organizations: CNN, Dogs Trust, bulldogs, French bulldogs, Italian greyhounds, Royal Veterinary College, Royal Society for, , University of Washington, Dogs Locations: United Kingdom, Italian, Lhasa, Frenchies, London, United States
The annual ritual is a point of local pride even as Eagle Pass draws wide attention for a showdown between Texas Gov. A few hours later, about 200 advocates were in a festive mood in the nearby town of Quemado ahead of a “Take Back Our Border” rally on Saturday. U.S. Border Patrol agents are denied entry. Eagle Pass, with about 30,000 people, has become a major corridor for illegal crossings in recent years, making it a target for Abbott's enforcement. The Biden administration told the Supreme Court that “Texas has effectively prevented Border Patrol from monitoring the border” at Shelby Park.
Persons: Rolando Salinas, Greg Abbott, Biden, ” Salinas, Connie Hinton, Valeria Wheeler, Alejandro Mayorkas, Mayorkas, Del, Jorge Barrera, ” Barrera, Ken Paxton, , Donald Trump, MAGA, ” Julio Vasquez, Iglesia Luterana, ” Alicia Garcia, Shelby, , Garcia, Elliot Spagat, Paul Weber Organizations: PASS, ” Cowboys, San Antonio Stock, Texas Gov, La Cabalgata Internacional, Border, Republican, Democratic White House, Border Patrol, . Homeland, Associated Press, Visitors, of Commerce, , Texas National Guard, Supreme, Patrol, Eagle Locations: Texas, Eagle, Piedras Negras, Mexico, United States, La Cabalgata Internacional La Grande, Quemado, Austin , Texas, Virginia, Rio Grande, U.S, Del Rio , Texas, Del Rio, Tucson , Arizona, San Diego, California, Shelby Park, “ Texas, Shelby, Iglesia Luterana San Lucas
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