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Not only did this help to slow down skyrocketing housing costs, it inspired a bipartisan, nationwide expansion of the policy. Home prices in Auckland, New Zealand's biggest city, doubled between 2009 and 2016 and prices across the rest of the country followed close behind. "A typical New Zealand city looks a lot like a typical US city," Gray said. There are three models of housing construction in US cities right now, Gray said. "In terms of an overall objective, I think bringing down house prices to construction costs is an ultimate sign of housing abundance."
Persons: Upzoning, Jenny Schuetz, Matthew Maltman, who's, Ryan Greenaway, Guo Lei, Maltman, There's, Auckland's upzoning, Vicki Been, Bill de Blasio, Schuetz, Nolan Gray, Gray, let's, Brett Coomer, that's, Allison Zaucha, Freemark, we're, Emily Hamilton, Eliza Relman Organizations: Brookings Institute, Auckland, Economic, University of Auckland, New, National Party, Housing, Economic Development, New Zealand, California YIMBY, Urban Institute, Houston, Montana Republicans, George Mason University Locations: New Zealand, Auckland, Australian, Zealand, Auckland , New, New Zealand's, New York, Europe, California, Zealanders, San Francisco, Los Angeles, Phoenix, Houston, Atlanta, Denver, Seattle, Washington, Portland , Oregon, Montana, California . Utah, Minneapolis, New York City
In Connecticut, households need to earn an annual income of $952,902 or more to be part of the top 1% of earners. While residents in more urban states tend to earn more, they also generally have a higher cost of living, which somewhat offsets those larger incomes. ConnecticutTop 1% income threshold: $952,9022. MassachusettsTop 1% income threshold: $903,4013. West VirginiaTop 1% income threshold: $367,582DON'T MISS: Want to be smarter and more successful with your money, work & life?
Persons: That's Organizations: Connecticut, Massachusetts, California, . New, Washington, New York, Colorado, Florida, Illinois, New Hampshire, Wyoming, Virginia, Maryland, Texas, Utah, Minnesota, Nevada, South Dakota, Pennsylvania, . North Dakota, Georgia, Oregon, Arizona, Idaho, North Carolina, Montana, Kansas, Rhode, Tennessee, Alaska, Nebraska, Delaware, Vermont, Wisconsin, South Carolina, Michigan, Maine, Missouri, Ohio, Hawaii, Iowa, Indiana, Alabama, Oklahoma, Louisiana, Arkansas, Kentucky, New, Mississippi, West Virginia Top Locations: Connecticut, West Virginia, California, New York, Southern, Mississippi, Iowa, . New Jersey, New Mexico
To determine which states have the best economy, we look at overall economic growth and annual job growth on a percentage basis, as well as the health of state finances. We measure the breadth of each state's economy by looking at how many major corporations are headquartered there. IndianaWhile the Hoosier State's economy is hardly a barnburner, Indiana offers stability. The state's debt rating is solid. UtahThe Beehive State's economy just keeps buzzing.
Persons: Christina, Dupont De Nemours, Incyte Carlos Hernandez, Eileen T, Meslar, Eli Lilly, Kyle Green, Lucas Jackson, George Frey, Zions, Tim Aeppel, , Justin Sullivan, Lindsey Nicholson, Matthew Busch, payrolls, Jim Watson Organizations: Companies, Business, Getty, Bureau, AAA, Reuters, Indiana, Hoosier, Federal Housing Finance Agency, National Association of Realtors, Simon Property, Bloomberg, Gem, Data Solutions, Micron Technology, Lamb Weston Holdings, South, South Carolina, Union Pacific, Automotive Designs, . Tennessee The Volunteer State, Headquarters, FedEx, Tractor, Delta Airlines, Peach State, Assurant, Intercontinental Exchange, Universal, North, Bank of America, Duke Energy, Just Energy Group, Texas, Lone Star State, Oracle, Tesla, AFP Locations: U.S, States, Wilmington , Delaware, Delaware, Middlebury , Indiana, , Indiana, CBH, Calvary Springs, Nampa , Idaho, Idaho, California, York County , South Carolina, South Carolina, Palmetto, South, Salt Lake City , Utah, Utah, Bristol , Indiana, Tennessee, Alpharetta , Georgia, Georgia, Denver , North Carolina, North Carolina, Houston , Texas, The Texas, Texas, New York, Miami , Florida, Florida
CNN —It marks the dawn of a new generation of basketball talent; the NBA draft is here and its more exciting than ever. How to watchThe 2023 NBA draft takes place on Thursday, June 22 at Barclays Center in Brooklyn, New York, and is scheduled to begin at 8 p.m. To see who is selected by which team, fans can watch the draft on ABC, ESPN or via the NBA league pass. Two-time NBA MVP Jokić is what all general managers are stiving for, a late round pick who blossoms into a superstar player. First round draft orderHere is who will pick where in the first round of the 2023 NBA draft:1.
Persons: Victor Wembanyama, Wembanayama, he’s, , , ” Wembanyama, Wembanyama, Gregg Popovich, Brandon Miller, Scoot Henderson, Henderson, Miller –, Miller, Damian Lillard, Lillard, Thompson, Ausar Thompson, Amen Thompson, Dale Zanine, Cam Whitmore, Jarace Walker, Taylor Hendricks, Nikola Jokić, Jokić Organizations: CNN, NBA, Barclays Center, ABC, ESPN, San Antonio Spurs, Spurs, Morning, of Fame, Charlotte Hornets, Portland Trail Blazers, Miami Heat, AP, City, G League, City Reapers, USA, Sports, Reuters, Villanova, UCF, Denver Nuggets, Houston Rockets, Detroit Pistons, Orlando Magic, . Indiana Pacers, Washington Wizards, Utah Jazz, Dallas Mavericks, Oklahoma City Thunder, Toronto Raptors, New Orleans Pelicans, Atlanta Hawks, Los Angeles Lakers, Golden State Warriors, Brooklyn Nets, Sacramento Kings, Memphis Grizzlies, Indiana Pacers, LA Clippers Locations: Brooklyn , New York, Europe, “ San Antonio, , Morning America, San Antonio, Alabama, LaMelo, Portland, Houston, Serbian
One Year, 61 Clinics: How Dobbs Changed the Abortion LandscapeIn the year since Roe fell, 20 states enacted laws banning or restricting abortion, forcing a rapid shift in the country’s patchwork of abortion access. Hawaii A map showing the locations of abortion providers that have closed, stopped offering abortion services or opened a new location. Gabriela Bhaskar/The New York Times Emily Kask for The New York Times Emily Kask for The New York Times Emily Kask for The New York Times A year ago, the Jackson clinic was the last one standing in Mississippi. Kendrick Brinson for The New York Times Kendrick Brinson for The New York Times Kendrick Brinson for The New York Times Kendrick Brinson for The New York Times Terreisha Rancher, 26, recently sat in an exam room at the West Alabama Women’s Center in Tuscaloosa, pregnant and uninsured. No abortions Austin, Texas Closed Houston No abortions Madison, Wis. No abortions Memphis A grid of photos of abortion clinics in nine locations.
Persons: Roe, Wade, Dobbs, he’s, Mary Mathis, Kendrick Brinson, Madeleine Hordinski, Mo ., Gabriela Bhaskar, New York Times Emily Kask, The New York Times Emily Kask, Jackson, “ Hunt ”, David Carpenter, , , Carpenter wasn’t, Kathaleen Pittman, Emily Kask, Ms, Pittman, The New York Times Madeleine Hordinski, The New York Times Diane Derzis, Diane Derzis, Derzis, Louis, Doug Lane, “ It’s, hasn’t, Josefina Montoya, Dr, Darin Weyhrich, Weyhrich, Sarah Anne Miller, The New York Times “, you’re, The New York Times Kendrick Brinson, Leah Torres, Yashica Robinson, Dalton Johnson, Alabama’s, Robinson, Verónica, The New York Times Verónica, Yolanda Chapa, Derlis Garcia, Bekki Vaden, Jessica Tezak, “ I’ve, Vaden Organizations: The New York Times, Walmart, Physicians, Ore, Neb . Ohio Ind, Ill . Utah W.Va, Miss . Ala . Texas La, Alaska Fla, Jackson, Health Organization, New York Times, Milwaukee, Dallas, Fort, Fort Worth ., San Antonio, Indianapolis, Houston, Alabama Women’s, El Paso, OB, West Alabama Women’s, Medicaid, , , McAllen Pregnancy, Okla, Antonio Locations: Milwaukee, CeeJ, Montgomery, Ala, Bristol, Tenn, Va, Mont, N.D, Vt, Minn, N.H . Idaho, Wis, N.Y, Wyo, Pa . Iowa, Neb . Ohio, Del . Md, Ill . Utah, Colo . Calif, Mo, Mo . Kan, Ky, N.C, Ariz, ., Miss . Ala . Texas, Alaska, Hawaii, New Mexico, Texas, N.H . Idaho S.D, Mass, Conn, R.I . Mich, Nev . Ohio, Kan, Miss . Ala ., New Mexico . Texas, Fla, In Texas, Alaska Hawaii, Texas La, Alaska Fla, Dobbs, Mississippi, Birmingham, Charleston, W.Va, Savannah, Ga, Antonio, Worth, Dallas ; Savannah , Georgia, Fort Worth, Birmingham , Alabama, Charleston , West Virginia, San Antonio, Shreveport, La, Florida, Louisiana, Tennessee, Virginia, Oklahoma, Baton Rouge, Juliet, Falls , Idaho, Orleans, Baton Rouge , Louisiana, New Orleans, Juliet , Tennessee, Indianapolis, St, Louis ; Oklahoma, Twin Falls , Idaho, Jackson, , Huntsville, Illinois, North Carolina, Flagstaff, McKinney , Texas, Austin, Waco, Bend, Houston, Flagstaff , Arizona, Rock , Arkansas, Austin , Texas, El Paso ; Houston ; Waco , Texas, West Bend , Wisconsin, Boise , Idaho, Tuscaloosa, Louisville, Tulsa, Okla, Meridian, Idaho, Memphis, Little Rock , Arkansas, Tulsa , Oklahoma, Meridian , Idaho, Louisville , Kentucky, Oklahoma City, Nashville, McAllen, Sioux, S.D, Madison, Sioux Falls , South Dakota, Madison , Wisconsin, Knoxville
And yet, the Grand Canyon remains yoked to the present in one key respect. The Colorado River, whose wild energy incised the canyon over millions of years, is in crisis. Down beneath the tourist lodges and shops selling keychains and incense, past windswept arroyos and brown valleys speckled with agave, juniper and sagebrush, the rocks of the Grand Canyon seem untethered from time. The Grand Canyon is a planetary spectacle like none other — one that also happens to host a river that 40 million people rely on for water and power. At Mile 0 of the Grand Canyon, the river is running at around 7,000 cubic feet per second, rising toward 9,000 — not the lowest flows on record, but far from the highest.
Persons: windswept, Davis, John Weisheit, , , Mead Hoover, Powell, Daniel Ostrowski, Victor R, Baker, . Baker, Lake Powell, Dr, Ed Keable, wouldn’t, Jack Schmidt, Schmidt, , Alma Wilcox, “ There’s, we’ve, Nicholas Pinter Organizations: Rockies, York Times, University of California, Utah Glen, Lake, Mead, Recreation, Hualapai, CALIF, ARIZ . Utah Glen, Lake Mead, Area, Forest Utah, Engineers, University of Arizona, of Reclamation, National Park Service, Center, Colorado River Studies, Utah State University Locations: Colorado, The Colorado, North America, Utah, Powell, Lake Mead, Arizona, . UTAH COLO, N.M, ARIZ . Utah, Mead, NEV . UTAH COLO, Glen, ARIZ, Hopi, Nevada, Lake Powell, Arizona , California , Nevada, Mexico, Davis, Little Colorado, tamarisk, gesturing
Public schools are closed for the summer in Utah, leaving their libraries quieter than usual. In this case, the titles in question are the Bible and the Book of Mormon. Utah is home to the world headquarters of the church and has the nation’s highest concentration of members of that faith. Both complaints followed the passage of state legislation prohibiting “pornographic or indecent” materials in public school settings. The December challenge against the Bible, which was reported by The Salt Lake Tribune, dripped with sarcasm.
Persons: of Jesus Christ, James Organizations: Davis School District, of Jesus, Salt Lake Tribune Locations: Utah, United States, Salt Lake City, . Utah, Salt
While I personally won't be flying internationally anytime soon, we're diving into China's lethargic economy for today's newsletter. The much-anticipated economic rebound hasn't quite materialized for China in the way many had expected. The sluggish recovery has embedded itself in nearly every corner of the world's second-largest economy, even in some of the most obscure commodities markets. The CSI 300 index has slipped over recent weeks, and luxury brands reliant on China's large consumer base have tumbled. What's your outlook on China's economy for the rest of 2023?
Persons: I'm Phil Rosen, Jamie Dimon, Tesla, China Tuul, Bruno Morandi, Rockefeller International's Ruchir Sharma, Nicholas Lardy, Lardy, Filip De Mott, Tweet, Sheldon Cooper, Nordstrom, Goldman Sachs, there's, that's, Phil Rosen, Jason Ma, Nathan Rennolds Organizations: JPMorgan, Peterson Institute for International Economics, Getty, World Gold, Fed, Nvidia, Microsoft, Saudi Aramco Locations: Elon, China, Washington, Shanghai, Shenzhen, . Utah , Colorado, Scottsdale, Saudi, New York, Los Angeles, London
US house prices rose modestly in the first quarter, said the FHFA on Tuesday. The agency's House Price Index reached just under 400, hitting an all-time high with figures tracking back to 1991. "However, year over year prices in many western states have started to decline for the first time in over ten years." Over the last four quarters, house prices rose in 78 of the top 100 largest metropolitan areas, fronted by a 14% rise for the Miami area. The start of the spring selling season showed house price gains in March in a separate S&P CoreLogic report released Tuesday.
Persons: , Fannie Mae, Freddie Mac, Anju Vajja, Black Knight, San, FHFA Organizations: Service, Federal Housing Finance Agency, FHFA's Research, Statistics, of Columbia, Pacific, Federal Reserve, Black, Nationwide Locations: . Utah, Nevada, Washington, Idaho , Oregon, Colorado, West Coast, San Francisco, Seattle, Miami, San Mateo, Redwood City , California
Houghton University has dismissed 2 employees over the usage of pronouns in emails, per The New York Times. Raegan Zelaya and Shua Wilmot pointed to their gender-neutral names in explaining their use of pronouns. A university spokesperson told The Times said the institution has never "solely" terminated anyone over pronoun usage. Zelaya and Wilmot told The Times they had a reason for choosing to utilize pronouns in their emails, pointing to their gender-neutral names that sometimes cause people to misgender. The firings at Houghton University are the latest flashpoint amid an onslaught of anti-LGBTQ legislation and movements across the country.
Why bank stocks are so unstable
  + stars: | 2023-05-09 | by ( Nicole Goodkind | ) edition.cnn.com   time to read: +10 min
New York CNN —The financial sector has been churning in rough water since the shocking collapse of Silicon Valley Bank in March. Bank insiders see this and have been buying up shares of regional lenders, according to a report by Timothy Coffey, an analyst at Janney Montgomery Scott. The Oracle of Omaha said he remains cautious about holding bank stocks and that he has reduced his own exposure to the sector. The S&P 500 financial sector, however, is down more than 12% over the same period. Economists were hoping that this year would bring better news, but instead 2023 brought the collapse of three US regional banks and a subsequent lending squeeze.
Premarket stocks: This is how the banking crisis ends
  + stars: | 2023-05-05 | by ( Julia Horowitz | ) edition.cnn.com   time to read: +7 min
London CNN —US regional bank stocks look set to rebound Friday but are still down sharply this week, accentuating fears that federal regulators have not yet contained a crisis in the sector that could shake the financial system. Breaking it down: Wall Street is on the hunt for any signs of vulnerability in the banking system after the high-profile demise of Silicon Valley Bank, Signature Bank and First Republic Bank in a matter of weeks. While authorities stepped in to protect depositors at those banks, investors were left with stocks that were suddenly worthless. “I believe it really only ends after we get some type of government intervention,” Michaud told me. The value of short positions in regional bank stocks reached $15.1 billion in mid-April, up from about $13.7 billion one year ago, according to data from S3 Partners.
And minting it could be a solution to avert a major economic catastrophe (here's an explanation of the looming disaster, by the way). This average-looking coin could prevent job losses, steep cuts to retirement savings, and other major financial blows. Shopify employees and experts brace for shakeup. Multiple sources told Insider that his company, SpringHill Co., has internally discussed offering around $100 million to buy Complex from Buzzfeed. Google tells employees to limit publishing AI research.
A Reuters review of testimony, previously unreported public documents and interviews with elected leaders, lobbyists and attorneys detail mounting challenges to many pending anti-ESG bills. The tussles have financial implications for some of the largest investment firms that manage billions of dollars for state pension plans. Lauren Doroghazi, senior vice president at government relations consultant MultiState Associates, said the debates show lawmakers coming to terms with the anti-ESG bills' practical impact. Several public pension systems raised concerns about it, including the largest, the $182 billion Texas Teacher Retirement System (TRS). For instance, if federally-regulated local banks faced new national rules on an issue like climate change disclosures, banks would need special permissions from local officials to keep public business in Utah he said.
Inside the Online Market for Overseas Abortion Pills
  + stars: | 2023-04-13 | by ( Allison Mccann | ) www.nytimes.com   time to read: +17 min
A selection of abortion pill kits available online from overseas sellers. A chart of the estimated number of abortion pills provided outside the U.S. health care system from July through December 2022. For most patients, the cost of the service remains the most important factor in deciding where to get pills online. A chart showing the minimum, average and maximum cost of abortion pills from overseas providers: Aid Access, Las Libres and for-profit online sellers. A chart showing the minimum, average and maximum delivery speeds of abortion pills from overseas providers: Aid Access, Las Libres and for-profit online sellers.
Former President Barack Obama said more states should drop degree requirements for government jobs. It's an example of "a smart policy that gets rid of unnecessary college degree requirements and reduces barriers to good paying jobs," Obama said on Twitter. In recent years, states have eliminated four-year degree requirements to shore up their understaffed governments, and Republican governors have led the way. Arizona and Oregon have temporarily loosened degree requirements to address a teacher shortage. Georgia and Alaska are considering dropping degree requirements to fill government vacancies as well.
Abortion providers in the United States A United States map shows the location of abortion providers in states without abortion bans. total abortions Medication abortions 71,700 61,500 58% 37,500 32,100 28,800 29,500 41% 61% 60% 51% 52% Florida New York Georgia Pa. Mich. N.C. N.J. Ohio Wash. Mass. Some ways the ruling could affect the availability of abortion pills A flowchart shows possible outcomes from a judge’s ruling and highlights how abortion pills could remain available under some scenarios. Even if the judge rules in favor of the plaintiffs, abortion pills could remain available. The foundation’s Wichita, Kansas, clinic sees more than 500 patients a month, many from Texas, and 60 percent choose abortion pills.
A bill that would outlaw drag is poised to head to Tennessee Gov. Bella DuBalle, a Memphis-based drag queen, said the bill is "terrifying" and puts her at risk. The bill identifies "male and female impersonators" — drag kings and drag queens — as adult cabaret performers. Tennessee's public drag ban proposal is one of the latest anti-LGBTQ bills making their way through legislatures across the country. Outside of drag, DuBalle identifies as nonbinary and said she worries the way she dresses could run her afoul of the law if it's passed.
Mitt Romney thinks Marjorie Taylor Greene's idea to break up the US is unhinged. "Mitt Romney is so bad I couldn't even vote for him for president against Barack Obama," Greene told the outlet. Greene's idea for a national divorce has also received pushback from other members of her party. Spencer Cox called the Georgia congresswoman's call to break up the United States "evil" and "destructive." Representatives for Romney and Greene did not immediately respond to Insider's requests for comment.
A Republican governor hit back at Marjorie Taylor Greene's call for a "national divorce" in the US. Spencer Cox called Greene's rhetoric "destructive" and "evil." This isn't the first time Greene has called for the break up of the US. Utah's Republican governor called the rhetoric "destructive and wrong and — honestly — evil." On Monday, Marjorie Taylor Greene had suggested that there should be a "national divorce" – the separation of the US into red and blue states.
Victims as young as 10 were sterilizedA picture of the Utah State Hospital from the late 1800s. Sterilizations were carried out in this hospital before the Utah State Training School was opened. 'He felt there was nothing he could do to prevent the operation'An entrance to the Utah State Training School, American Fork, Utah, February 1942. Utah State Historical SocietyLike many other states in the US, the people who were deemed unfit in Utah — labeled as "feeble-minded"— would be sent to off to state institutions — first at the Utah State Hospital they at the Utah State Training School from 1931. At the Utah State Training School, students were meant to learn practical skills like housework, sewing, and shoe mending.
Luka, a 17-year-old trans kid living in Utah, is moving to Portland to evade the ramifications. Then I learned I'm trans. They really, really helped me figure out who I am and helped me feel comfortable living as who I am. So I'm planning to leave Utah. So I'm making the decision to leave Utah as soon as I can.
A hiring sign at a restaurant in Illinois, which last year had the second-highest state unemployment rate in the country at 4.7%. The national unemployment rate fell to a seasonally adjusted 3.5% in December, matching the lowest reading in a half century. Some states had significantly lower rates. Utah had the nation’s lowest rate at 2.2% last month, according to the Labor Department. Other states’ rates were much higher, led by Nevada’s at 5.2%.
But abortion-rights advocates say legal exceptions do nothing but make abortion bans appear more reasonable than they really are. One shows states with abortion bans with exceptions for rape or incest and the other shows states without those exceptions. One shows states with abortion bans with exceptions for fatal birth defects and the other shows states without those exceptions. One shows states with abortion bans with exceptions for patients with severe health risks and the other shows states without those exceptions. One shows states with abortion bans with exceptions for the life of the patient and the other shows states without those exceptions.
NBA roundup: Grizzlies edge Cavs for 11th straight win
  + stars: | 2023-01-19 | by ( ) www.reuters.com   time to read: +6 min
Jaden McDaniels put up 18 points for the Timberwolves, who lost their second game in a row. Kevin Huerter scored 18 points for the Kings, who went down by 14 points in the first quarter before pushing ahead by halftime. Andrew Nembhard produced 18 points and seven assists for the Pacers, who have dropped five consecutive games. Murray was 12-for-18 from the field and added seven rebounds and four assists. Jalen Green matched his career high with 41 points and added seven assists for the Rockets, who lost their 12th game in a row.
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