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☆ ‘No Beginners Allowed’: A Midwestern Paradise for Skiers Who Dare
▼ + stars: | 2024-02-15 | by ( Tim Neville | ) www.nytimes.com time to read: 1 min

Feathery flakes had fallen the last 16 hours, luring every powderhound in a 100-mile radius. Given how remote this place is, that means maybe 300 skiers and snowboarders. With no wind the snow crystals had stacked up along the spindly hardwood limbs in lines as delicate as a haiku. Indeed, Hokkaido, Japan, might be the only other place I’ve ever skied that could match these conditions. To those in the know, this ski area, seven-hours from the closest major airport in Minneapolis-St. Paul, is legendary.

Persons: Paul Locations: Hokkaido, Japan, Bohemia, Michigan, Minneapolis, St

☆ Ole Andreas Halvorsen's Viking Global bought this regional bank in the fourth quarter
▼ + stars: | 2024-02-15 | by ( Alex Harring | ) www.cnbc.com time to read: +2 min

Despite broad concerns surrounding the health of regional banks, Ole Andreas Halvorsen's Viking Global bought into one key name in the sector in the fourth quarter. The move came near the end of a turbulent year for regional banks after the shuttering of Silicon Valley Bank , First Republic Bank and Signature Bank led investors to question the regionals' business model. Shares of U.S. Bancorp climbed more than 30% in the fourth quarter, but the stovck still ended the year down about 1%. The sector took a hit this year following New York Bancorp 's dismal fourth quarter earnings , which showed a loss, a large reserve against weaker future credits and slashed the dividend. Halvorsen went even further and zeroed out stakes in Microsoft and Arm Holdings , the British chip and software designer that went public last September.

Persons: Ole Andreas Halvorsen's, Halvorsen, Julian Robertson, InsiderScore, Lamb Weston Organizations: Ole Andreas Halvorsen's Viking Global, Viking Global, . Bancorp, Silicon Valley Bank, First Republic Bank, Signature Bank, U.S . Bancorp, Regional Banking, New York Bancorp, Viking, Tiger Management, Devices, Microsoft, Arm Holdings, Mastercard, Electric, Colgate, Palmolive Locations: Ole Andreas Halvorsen's Viking, Minneapolis, Silicon, U.S, Deere

☆ How high-earning transplants are shaking up dating scenes across the Midwest
▼ + stars: | 2024-02-14 | by ( Juliana Kaplan | ) www.businessinsider.com time to read: +9 min

It's introduced a fresh wave of young professionals who are shaking up the dating scene. But a new influx of transplants also creates divides among young professionals and locals. The rise of remote work has resulted in new waves of migration and, in turn, refreshed dating pools around the country. AdvertisementWhen it comes to the future of Midwest dating, “I hope this can change, but I think a lot of people in a lower tax bracket might just move elsewhere,” he said. Gone are the days of app dominance, especially as younger dates forsake online dating for in-person connections.

Persons: —, Peggy Dainty, That’s, ” Dainty, “, ”, St . Louis, Hatch’d, Joshua Sturma, ” Sturma, Louis, Matt R, Matt chalks, There’s “, Courtney Quinlan, She’s, There's, Quinlan, she's, ” Quinlan, It's, They're, Midwesterners, We've, ” Maranda Taylor, Taylor, everybody’s Organizations: Service, Lake Bowl & Theater, Bryant, New York, Bank of America, Indiana University, Dakotas, Twin, Google, Indiana Locations: It's, Minneapolis, there’s, St ., California, Illinois, Indiana , Iowa , Kansas , Michigan, Minnesota , Missouri , Nebraska, North Dakota , Ohio, South Dakota, Wisconsin, New, Hatch’d, ”, Twin Cities, Chicago , Nebraska , Iowa , Kansas, Missouri, Kansas City, Sioux, Omaha , Nebraska, —, America

We've got you covered when looking for how to buy tickets for Blink 182's 2024 tour. Blink 182 2024 tour scheduleThe One More Time Tour, a North American extension of the 2023/2024 World Tour, begins on June 20. How much are Blink 182 tickets? Ticket prices to Blink 182's 2024 concert series vary by date, location, and demand for each show. On StubHub, the least expensive Blink 182 2024 tour tickets begin between $36 (Lexington, Kentucky on August 1) and $212 (Salt Lake City, Utah on July 11).

Persons: Mark Hoppus, Tom DeLonge, Travis Barker –, We've, Pierce, StubHub Organizations: Business, FL, UT, SC, Ticketmaster, America Locations: North America, Orlando , Florida, American, United States, Canada, Toronto, Orlando, Miami, Antonio, Worth , TX, Denver, Diego, Glendale, AZ, Vegas, Angeles, CA, Fresno, Francisco, Lake City, Portland, Quincy, WA, Flushing, NY, Boston, Hartford, Philadelphia, Washington, Greenville, Raleigh, NC, Lexington, KY, Indianapolis, Minneapolis, Milwaukee, Kansas City, Louis, Detroit, MI, Columbus, ON, Kansas City , Missouri, Fort Worth , Texas, Lexington , Kentucky, Salt Lake City , Utah, Australia, New Zealand, Europe, Ireland

☆ The Midwest is having a ‘non-winter.’ El Niño is only partially to blame
▼ + stars: | 2024-02-11 | by ( Mary Gilbert | ) edition.cnn.com time to read: +4 min

CNN —Winter has gone missing across the Midwest and Great Lakes, and time is running out to find it. Dozens of cities are on track for one of the warmest winters on record, making snow and ice rare commodities. A classic El Niño pattern coupled with the effects of a warming climate are to blame for this “non-winter” winter, said Pete Boulay, a climatologist with the Minnesota Department of Natural Resources. Missing snowfall is even more pronounced in areas surrounding the Great Lakes, especially those that are typically buried by lake-effect snow. The lackluster ice coverage is part of a larger troubling trend across the Great Lakes.

Persons: Pete Boulay, we’ve, ” Boulay, “ I’ve, Boulay, ” Melissa Widhalm Organizations: CNN, Minnesota Department of Natural Resources, Regional Climate Center, Paul International, Nashville, Twin Cities, Purdue University, NOAA, Climate Central, Climate Locations: Midwest, Great Lakes, Minnesota, Wisconsin, Minneapolis, St, Erie , Pennsylvania, Great, Climate Central

☆ Arlington, Virginia gave people $500 a month. They worked less overtime and pursued education instead, a report found.
▼ + stars: | 2024-02-11 | by ( Kenneth Niemeyer | ) www.businessinsider.com time to read: +4 min

Read previewA guaranteed basic income program in Arlington, Virginia that gave low-income residents $500 a month with no strings attached allowed them to find their footing, seek out education, and improve their job security, a final report found. Recipients said reducing their weekend and overtime hours helped them pursue education and certifications that could lead to higher-paying jobs. Arlington is not the first city to experiment with a guaranteed basic income program. Some lawmakers in Texas, however, oppose basic income programs. One state senator asked the state attorney general to declare a similar program in the Houston area unconstitutional.

Persons: —, Uber Organizations: Service, Arlington Community Foundation, Arlington County Department of Human Services, Business, Arlington Community Fund Locations: Arlington , Virginia, Arlington, Washington, DC, Virginia, Baltimore, Boston, Austin, Denver , Minneapolis, Texas, Houston

☆ Las Vegas hopes to hit the jackpot with the Super Bowl
▼ + stars: | 2024-02-10 | by ( Alicia Wallace | ) edition.cnn.com time to read: +10 min

CNN —When Super Bowl Sunday rolls around each year — whether it’s in Miami, New Orleans, Los Angeles or Minneapolis — Las Vegas still draws the crowds. It took years — and a Supreme Court ruling legalizing sports betting — for the National Football League to view Las Vegas in a different light. “We’re sold out, have been for the last month,” said Paul Hobson, general manager of the Sahara Las Vegas hotel-casino. “Las Vegas has a lot of people going there for Super Bowl weekend anyway,” Stephenson said. Additionally, the visitors it attracts spend a whole lot more than the ones who would show up on your typical Super Bowl weekend, Hill said.

Persons: they’ve, Steve Hill, ” Hill, “, Hill, We’re, ”, Paul Hobson, It’s, Aaron J, Thornton, famer Michael Irvin, ” Hobson, Noel Bowman, you’re, ” It’s, Bowman’s, “ We’ve, Vince Lombardi, Ethan Miller, Frank Stephenson, ” Stephenson, Kirby Lee, “ We’re, “ That’s, Winston Fisher, David Farris, Café Lola, George Kittle, Travis Kelce, Lin Jerome, Lola, Alexandra Lourdes, “ It’s, Felicia Parker, she’s, Parker, it’s, Harry Reid Organizations: CNN, Minneapolis —, Football, Super, Las Vegas Convention, Visitors Authority, Las Vegas, National Football League, Playmakers Party, FHM, famer, NFL, Sunday, Visitors, Las, Super Bowl, Priceline, Berry College, of Sports Economics, USA, Reuters, Bowl, Business Connect, ”, Harry, Harry Reid International Airport Locations: it’s, Miami , New Orleans, Los Angeles, Minneapolis, Vegas, Sin City, Las Vegas, Sahara, Mandalay Bay, Mount Berry , Georgia

Some bills would bar financial institutions from discriminating against those who refuse to participate in DEI programs. Meanwhile, Democrats have filed about two dozen bills in 11 states that would require or promote DEI initiatives. The Supreme Court’s June decision ending affirmative action at universities has created a new legal landscape around diversity programs in the workplace and civil society. Rob Standridge, who has authored four bills aiming to hollow out DEI programs in the state, said it has become a salient campaign theme. In a 2023 report, White said Mississippi’s public universities are spending millions on DEI programs instead of student scholarships.

Persons: JACKSON, Republican Oklahoma Sen, Rob Standridge, Standridge, “, Trump, ” Mike Gonzalez, Josiah Magnuson, ” Magnuson, Kevin Stitt, it’s, Sen, Marko Liias, Liias, Ron DeSantis, ”, Shad, White, Becky Currie, Currie, Spencer Cox, Cox, Robin Vos, Jonathan Butcher, ” Butcher, Fentrice, ” Driskell, Trisha Ahmed, David Lieb, Hannah Schoenbaum, Todd Richmond, ___ Michael Goldberg Organizations: Republican, Associated, Democratic, Republican Oklahoma, Heritage Foundation, Rep, Republican Gov, Oklahoma State Regents, Higher Education, ”, Washington, Utah Gov, The Heritage Foundation, Democratic House, Associated Press, America Statehouse News Initiative, America Locations: Miss, Washington, South Carolina, Oklahoma, Florida, Texas, Mississippi, Wisconsin, Minneapolis, Jefferson City , Missouri, Salt Lake City, Madison , Wisconsin

“Twin Flames: The George Floyd Uprising from Minneapolis to Phoenix" features about 500 artifacts that protesters and mourners left at the intersection of 38th Street and Chicago Avenue, where Floyd was killed. The George Floyd Global Memorial is hopeful of bringing the exhibit to other cities after it leaves Phoenix in July, but there are no plans yet. Other museums around the country are also delving into themes explored at the ASU Art Museum. In Louisville, Kentucky, the Speed Art Museum last year honored the life of Breonna Taylor, who was killed by police officers there after they illegally entered her apartment in March 2020. “Our purpose is to be able to create spaces that remind people that the work is not over,” said Austin, the director of the George Floyd Global Memorial.

Persons: George Floyd, Floyd, “, ”, Leah, Floyd ”, Jeanelle Austin, Brittany Corrales, Rashad Shabazz, Dion Johnson, George Floyd Global, Abella, Breonna Taylor, Taylor, Amy Sherald, Michelle Obama, Raphaela Platow, ” Platow, Austin, Angela Harrelson, ” “ Organizations: PHOENIX, of Phoenix, Arizona State University Art Museum, “ Twin Flames, Chicago, George, George Floyd Global Memorial, George Floyd Global, Black, Arizona State University, ASU’s Center for Work, Phoenix, ASU Art Museum, Speed Art, Washington , D.C, Mesa Arts Center, “ Locations: Minneapolis, Minnesota, Phoenix, U.S, America, Arizona, United States, Spain, Louisville , Kentucky, Washington ,

☆ Inside Project Espresso, Amazon's secretive and painful reset of its big healthcare bet
▼ + stars: | 2024-02-09 | by ( Eugene Kim | ) www.businessinsider.com time to read: +9 min

It already shut down the Amazon Care telehealth service in 2022, while disbanding Haven , a joint healthcare venture, in 2021. She said Amazon's healthcare business continues to grow and receive positive customer feedback. Less focus on senior healthcareAnother idea One Medical recently explored was to put less focus on the senior healthcare business. Still, for some One Medical employees, Amazon’s scrutiny is leading to growing frustration. “As Trent Green communicated to employees, One Medical employees will not return to physical offices at this time.

Persons: Big, Samantha Kruse, ” Kruse, Andy Jassy Chelsea Jia Feng, Neil Lindsay, ” Amazon’s Kruse, Amazon's Kruse, Lindsay, ”, Amir Dan Rubin, Kruse, Amazon’s, “, Trent Green Organizations: Business, Amazon, Care, Amazon Health Services, Amazon's Pharmacy, Amazon Health, Iora Health, Iora, “ Locations: New York, Minneapolis, St, Petersburg , Florida, Francisco

☆ Trader Joe's appeals dismissal of lawsuit claiming labor union violated trademark
▼ + stars: | 2024-02-09 | by ( Dan Mangan | ) www.cnbc.com time to read: +3 min

The appeal, filed Thursday, comes nearly a month after the judge accused Trader Joe's of trying to "weaponize the legal system to gain an advantage in an ongoing labor dispute" against the Trader Joe's United union. Trader Joe's, a lawyer for the company, and a spokeswoman for Trader Joe's United did not immediately respond to requests for comment about the company's filing at the 9th Circuit U.S. Court of Appeals. Trader Joe's Union logo pictured on pins. "Trader Joe's maintains that this is a purely commercial dispute and that the Union's designs are causing consumer confusion and diluting the Trader Joe's family of trademarks," Vera wrote. The Trader Joe's Union Logo Trader Joe's

Persons: Joe Raedle, Joe's, Trader Joe's, Hernan Vera, Vera, Norris Organizations: Getty, Trader Joe's United, Trader, 9th Circuit U.S, Appeals, tote, National Labor Relations Board, LaGuardia, Union Locations: Hadley , Massachusetts, Minneapolis, Los Angeles

☆ The dollar is back. It’s not all good news
▼ + stars: | 2024-02-09 | by ( Krystal Hur | ) edition.cnn.com time to read: +6 min

New York CNN —The greenback is strengthening again after a bumpy 2023, as Wall Street accepts that interest rate cuts are coming later than previously expected. The US Dollar Index, which tracks the dollar against the British pound, euro, Swiss franc, Japanese yen, Canadian dollar and Swedish krona, is up 2.8% for the year as of Friday morning. “All of a sudden the interest rate differential kicks in — if that is slower than the Fed or faster,” said Krosby. Higher interest rates tend to garner more international capital to flow into a country, raising demand for the currency and thus its value. Still, Todd Jones, chief investment officer at Gratus Capital, says he expects the dollar to trend lower eventually as the Fed gets closer to cutting rates.

Persons: Jerome Powell, Christine Lagarde, Quincy Krosby, ”, Neel Kashkari, Todd Jones, Jones, Anna Cooban, Richard Meade, Janet Yellen, Alicia Wallace, Yellen, ” Yellen Organizations: CNN Business, Bell, New York CNN, Swiss, Canadian, Federal Reserve, European Central Bank, LPL, Treasury, Minneapolis, Gratus, Fed, Hamas, Lloyds, CNN, Banking Committee Locations: New York, Swedish, Iran, Suez, Asia, Europe

☆ Treasury yields hold steady as investors weigh economic data, Fed rate outlook
▼ + stars: | 2024-02-09 | by ( Sophie Kiderlin | In | ) www.cnbc.com time to read: +1 min

ET, the 10-year Treasury yield was flat at 4.1715% and the yield on the 2-year Treasury was steady at 4.4651%. U.S. Treasury yields were little changed on Friday as investors weighed fresh economic data and considered the path ahead for interest rate cuts by the Federal Reserve. Investors looked to the latest economic releases for hints about the state of the economy and the potential path ahead for interest rates. It comes amid rife speculation over the timeline of interest rate cuts, with Fed officials appearing cautious and dashing investor hopes of a reduction as early as March. No key economic data is due Friday, however investors are looking ahead to major data releases slated for next week including January's consumer price index.

Persons: Neel Kashkari Organizations: Treasury, U.S, Federal Reserve, Dow, Fed, Minneapolis

☆ Leaked email shows Amazon's One Medical will shut down several offices and move the CFO to a new role
▼ + stars: | 2024-02-08 | by ( Eugene Kim | ) www.businessinsider.com time to read: +3 min

Amazon’s One Medical is undergoing significant changes, following this week’s layoffs that cut hundreds of jobs . One Medical will also look for ways to take advantage of Amazon’s own corporate office space going forward. Green also announced in the email that Bjorn Thaler, One Medical’s CFO, will transfer to a new role that reports directly to Amazon’s healthcare boss Neil Lindsay. As part of the move, One Medical executives and teams across finance, legal, and technology will report to Amazon’s healthcare business, reflecting a tighter integration between the two companies. Amazon’s spokesperson said the reorganization will help One Medical better leverage Amazon’s resources and provide employees with more opportunities across Amazon’s healthcare business.

Persons: Trent Green, Green, Bjorn Thaler, Neil Lindsay, Thaler Organizations: Business, Amazon, Medical, State, “ Locations: New York City , Minneapolis, St, Petersburg, Francisco, Tri, New England, Maryland, Virginia, Pacific Northwest, Southwest, Southern California, Texas

☆ The mayor of Minneapolis joked that remote work turns you into a 'loser' with a 'nasty cat blanket'
▼ + stars: | 2024-02-08 | by ( Sawdah Bhaimiya | ) www.businessinsider.com time to read: +2 min

Minneapolis' mayor Jacob Frey took aim at remote workers during an address, saying WFHe turns you into a loser. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementMinneapolis mayor Jacob Frey made a jibe about remote workers being 'losers' while touting the benefits of visiting the city's business district. "When they stay home, sitting on their couch with their nasty cat blanket, diddling on their laptop. And as remote work continues to persist, the demand for traditional office spaces is also decreasing.

Persons: Jacob Frey, WFHe, —, Frey, It's, We're Organizations: Service, Minneapolis Downtown Council's, Minneapolis, Fox, CBS Locations: Minneapolis

MINNEAPOLIS (AP) — The Minneapolis City Council overrode a mayoral veto on Thursday and approved a resolution that calls for a cease-fire in Gaza and for an end to U.S. military funding to Israel. Wazwaz said the Minneapolis resolution is unique because it calls for a complete end to U.S. aid to Israel. Minneapolis is the latest U.S. city to approve such a non-binding resolution, following Chicago, Atlanta, Detroit and San Francisco in recent months. According to the Associated Press on Thursday, the Palestinian death toll from the war has surpassed 27,000 people, the Health Ministry in Gaza said. The war began with Hamas’ Oct. 7 assault into Israel, in which militants killed about 1,200 people, mostly civilians, and abducted around 250.

Persons: Jacob Frey, “, Elliott Payne, Aisha Chughtai, Sana Wazwaz, Israel, Wazwaz, ‘, ”, Nat El Organizations: Minneapolis City, ”, Palestine's, Jewish, Peace's Twin, Jewish Voice, Peace, Associated Press, Health Ministry Locations: MINNEAPOLIS, Minneapolis, Gaza, U.S, Israel, Palestine's Minnesota, Chicago, Atlanta, Detroit, San Francisco

The city of Minneapolis agreed Thursday to pay $950,000 to settle a lawsuit alleging that journalists were subjected to police harassment and even hurt while covering protests over the police killings of George Floyd. Several journalists reported being struck by less-lethal munitions and being herded and detained while covering protests. And the ACLU added the Hennepin County Sheriff’s Office to the suit then. The lawsuit continues against the Hennepin County Sheriff’s Office and its former sheriff, Dave Hutchinson. The city, as well as the sheriff's office, did not immediately respond to requests Thursday afternoon for comment from The Associated Press.

Persons: George Floyd, Jared Goyette, Daunte Wright, Goyette, It's, Bob Kroll, Kroll, ”, Teresa Nelson, Dave Hutchinson Organizations: American Civil Liberties Union of Minnesota, Minneapolis, Washington Post, Guardian, Brooklyn Center, Hennepin County Sheriff’s, ACLU, Communications Workers of America, Minneapolis police, Minnesota State Patrol, Hennepin County Sheriff’s Office, Associated Press Locations: Minneapolis, Brooklyn, Hennepin County, Ukraine, Croatia, Minnesota, The

☆ Treasury yields hold steady as investors weigh comments from Fed officials
▼ + stars: | 2024-02-08 | by ( Sophie Kiderlin | In | ) www.cnbc.com time to read: +1 min

ET, the 10-year Treasury yield was up by just over one basis point to 4.1095%. The 2-year Treasury yield was last down by less than one basis point at 4.4185%. U.S. Treasury yields were little changed on Thursday as investors considered remarks from Federal Reserve officials about the path ahead for interest rate cuts. On Wednesday, Minneapolis Federal Reserve President Neel Kashkari told CNBC's "Squawk Box" that he believes two or three rate cuts would take place in 2024. The comments echoed those made by Fed Chairman Jerome Powell last week and stoked concerns among investors that fewer rate cuts than they have been expecting could be implemented.

Persons: Neel Kashkari, CNBC's, Jerome Powell, Adriana Kugler, Powell Organizations: U.S, Treasury, Federal Reserve, Minneapolis Federal, Fed

☆ DINKs, Couples With No Kids, Are Living the New American Dream
▼ + stars: | 2024-02-07 | by ( Juliana Kaplan | Bartie Scott | ) www.businessinsider.com time to read: +12 min

DINKs are proudly emerging as an aspirational class for young people — and they're ready to live it up. So when she set up her dating profile, Johnson included in her bio that she didn't want to have kids of her own. Amy Blackstone, the author of the 2019 book " Childfree by Choice ," said that the financial gap between DINKs and couples with kids wasn't solely because of the choice about children. DINKs, GINKs, " rich aunties ," and DINKWADs — DINKs with a dog — have become aspirational identities for younger generations. There are the DINKs who can seize the American dream and the parents who are struggling to stay afloat in a country without guaranteed paid leave or affordable childcare .

Persons: Elizabeth Johnson, Johnson, DINK, DINKs, they've, there's, Amy Blackstone, it's, Alex Killingsworth, Killingsworth, Marcia Drut, Davis, Drut, Blackstone, she'd, Gen Z, That's, X didn't, Zachary P, Neal, Jennifer Watling Neal, millennials —, I've, Marcia, she's Organizations: of, Johnsons, Minneapolis townhome, Federal, Consumer Finances, Broadway Locations: Florida, Swiss, Hawaii, Oregon, Canada, Alaska, Dominican Republic, of America, Minneapolis, Texas, New York, Michigan, Drut

WASHINGTON (AP) — The fate of former President Donald Trump’s attempt to return to the White House is in the hands of the U.S. Supreme Court. That part of her decision was reversed by the Colorado Supreme Court. All seven of the justices on Colorado’s Supreme Court were appointed by Democrats. The majority quoted a ruling from Neil Gorsuch, one of Trump’s conservative Supreme Court nominees, from when he was a federal judge in Colorado. A number of them are on hold because state courts are waiting to see what the U.S. Supreme Court will do.

Persons: Donald Trump’s, “, Trump, Justice Salmon Chase, Neil Gorsuch, Colorado’s, Kamala Harris, George Floyd’s Organizations: WASHINGTON, U.S, Supreme, Colorado Supreme, Republican, Trump, TRUMP, ”, Colorado Supreme Court, “, U.S . Capitol, Citizens, Colorado’s, Democratic, Biden Locations: Colorado, United States, Washington, Guyana, Maine, Illinois, Minnesota, Oregon, California, New York, U.S, Mexico, Minneapolis

☆ Lyft says it's going to give some of its drivers a pay bump
▼ + stars: | 2024-02-07 | by ( Jacob Zinkula | Noah Sheidlower | ) www.businessinsider.com time to read: +8 min

Lyft reported that drivers, on average, took home 88% of rider payments after external fees. AdvertisementIn recent months, several Uber and Lyft drivers have told BI that ride-hailing has become less profitable than it used to be. Lyft also noted that drivers can now see the breakdown of how each rider's payments are split between drivers, Lyft, and external fees. Still, 94% of Lyft drivers only drive less than 20 hours a week and use driving to supplement other income. In November 2023, Lyft agreed to pay $38 million to settle claims that it improperly collected some fees and taxes from New York drivers — Uber agreed to pay $290 million.

Persons: Lyft, —, David Risher, Sergio Avedian, Uber, Guy, Avedian, he's, Kara Swisher, Dara Khosrowshahi, — Uber Organizations: Service, Drivers, Cleveland Uber, New, New York State, Elite, EV Locations: Cleveland, New York City, Seattle , California, New York, Minneapolis , Chicago, Massachusetts

☆ South Dakota lawmakers want to preemptively ban 'socialist' guaranteed income program
▼ + stars: | 2024-02-07 | by ( Allie Kelly | ) www.businessinsider.com time to read: +1 min

A South Dakota Senate bill would ban local governments from creating guaranteed income programs. A sponsor of the bill called guaranteed income programs a "one-way ticket to government dependency." AdvertisementSouth Dakota lawmakers are taking steps to ban guaranteed basic income programs preemptively. Guaranteed basic income gives qualifying residents monthly no-strings cash payments — typically between $500 and $1,000 — to spend as they choose over a set period of time. Guaranteed basic income programs have become increasingly popular among state and local governments as a solution to widespread housing and food insecurity.

Persons: — Organizations: South, South Dakota Senate, Austin, Service, Business Locations: South Dakota, Boston, Denver , Minneapolis, Dakota, Denver, Durham , Minneapolis

ST. PAUL, Minn. (AP) — For the eighth straight month in January, Earth was record hot, according to the European climate agency. Even though it was record hot in January, the level above normal was lower than the previous six months, according to Copernicus data. This is the time of year that El Nino warming often peaks, said Texas A&M University climate scientist Andrew Dessler. Minneapolis has already set a record for the number of 50-degree days for a winter. “For maple trees to run, it needs to be freezing at night, above freezing during the day.

Persons: Copernicus, Andrew Dessler, ” Dessler, that's, Natalie Mahowald, ”, Kathie Dello, floes, “, Greg McKush, ” McKush, Theresa Baroun, ” Baroun, Ed White, Rick Callahan, Seth Borenstein, Steve Karnowski, @skarnowski Organizations: PAUL, European Space Agency, Nino, El Nino, Cornell University, United, North Carolina State, Minnesota, Montgomery National Golf Club, ”, Syrup Producers Association, Isle Royal, Metropolitan Mosquito Control, Associated Press Locations: United States, Minneapolis, Texas, United Nations, Paris, North Carolina, Minnesota, Harriet, ” In Wisconsin, U.S, Wisconsin, De Pere , Wisconsin, Green Bay, Lake Superior, Michigan , Minnesota, Canada, St, Paul , Minnesota, Borenstein, Kensington , Maryland, Detroit, Indianapolis, AP.org

☆ Minneapolis Fed Pres. Neel Kashkari: 2 to 3 rate cuts seem appropriate right now based on the data
▼ + stars: | 2024-02-07 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMinneapolis Fed Pres. Neel Kashkari: 2 to 3 rate cuts seem appropriate right now based on the dataMinneapolis Fed President Neel Kashkari joins 'Squawk Box' to discuss the state of the economy, the strong labor market, impact on the Fed's inflation fight, rate path outlook, commercial real estate sector, and more.

Persons: Neel Kashkari Organizations: Minneapolis

☆ New York Community Bank stock drops even after lender says deposits increased
▼ + stars: | 2024-02-07 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +6 min

The bank announced earlier on Wednesday that it had appointed DiNello, formerly the president of Flagstar Bank, to the position effective immediately. The bank holds total deposits of approximately $83 billion, the lender said in a statement Tuesday evening. US banks hold about $2.7 trillion in commercial real estate loans. But while the last crisis was all about interest rate risk, this one revolves around the $20 trillion commercial real estate market. The increase was driven partly by expected losses on commercial real estate loans, it said.

Persons: ” Alessandro DiNello, DiNello, NYCB, ”, weren’t, Fitch, Thomas Cangemi, ” DiNello, Goldman Sachs, Moody’s, Neel Kashkari, ” Kashkari, he’s, Janet Yellen, “, Yellen, “ I’m, ” Yellen Organizations: New, New York CNN —, New York Community Bancorp, Moody’s Investors Service, Flagstar Bank, Bank, Moody’s, JPMorgan, Signature Bank, Silicon Valley, Regulators, Federal, Community Bancorp, CNBC, Financial Locations: New York, Flagstar, New, Minneapolis

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