DIRS.INFO The most relevant business & tech news

☆ 'It's just a matter of time': After predicting the financial crisis, 'Oracle of Wall Street' Meredith Whitney shares the biggest risk she sees for the housing market — and 4 states where homeowners wi
▼ + stars: | 2023-10-08 | by ( James Faris | ) www.businessinsider.com time to read: +5 min

Instead, the CEO of the eponymous investment research firm Meredith Whitney Advisory Group is concerned that the US housing market will face a correction in the coming years. Baby boomers may cause home values to sinkWhitney believes property prices are destined to fall under pressure as demographic shifts reverse deep-rooted supply-demand dynamics. An unprecedented pace of property price growth has disproportionately benefited baby boomers and the silent generation. However, Whitney said that an aging US population won't cause the housing market to crash overnight. While Whitney reserves her full insights for clients, she named four states where property prices will eventually weaken: Pennsylvania, Connecticut, New Jersey, and Illinois.

Persons: Meredith Whitney, Oppenheimer, Meredith, Whitney, haven't, CoreLogic There's, That's, you've, that's, it's Organizations: Citigroup, Advisory, National Association of Realtors Locations: Statista, Pennsylvania, Connecticut , New Jersey, Illinois, Texas

☆ Fed's Bowman says it will likely be appropriate to raise rates again
▼ + stars: | 2023-10-07 | by ( ) www.reuters.com time to read: +2 min

U.S. Federal Reserve Governor Michelle Bowman gives her first public remarks as a Fed policymaker at an American Bankers Association conference in San Diego, California, U.S., February 11 2019. REUTERS/Ann Saphir/File Photo Acquire Licensing RightsOct 7 (Reuters) - Federal Reserve Governor Michelle Bowman on Saturday repeated her view that inflation continues to be too high despite "considerable" progress in lowering it, and the U.S. central bank will likely need to tighten monetary policy further. "I expect it will likely be appropriate for the (Fed) to raise rates further and hold them at a restrictive level for some time to return inflation to our 2 percent goal in a timely way," Bowman said in prepared remarks to the Connecticut Bankers Association. The comments were largely identical to those Bowman made on Monday about the economic and policy outlook. Bowman, one of the Fed's most hawkish policymakers, said the latest employment report reflected "solid" job growth.

Persons: Michelle Bowman, Ann Saphir, Bowman, Paul Simao Organizations: Federal, American Bankers Association, REUTERS, Connecticut Bankers Association, U.S . Labor Department, Thomson Locations: San Diego , California, U.S

Among the many conspiracy theories that have fueled that belief on the right are those surrounding ballot drop boxes. Users have promoted the investigation as evidence for the persistent, false narratives about widespread fraud connected to ballot drop boxes. Some Republican lawmakers, who had raised concerns about the security of drop boxes during the pandemic, said the Bridgeport videos prove they were correct. In many cases, drop boxes are placed in locations where they can be monitored by election staff or security cameras. “It’s not the ballot boxes that are the problem,” said Cheri Quickmire, executive director of the voter advocacy group Common Cause in Connecticut.

Persons: —, Donald Trump’s, Doug Dubitsky, ”, Dubitsky, Trump, David Levine, “, Joe Ganim, John Gomes, Gomes, Ganim, Sen, Rob Sampson, It’s, Cheri Quickmire, They've, Matt Ritter, ” ___ Cassidy, Christine Fernando Organizations: Democrats, Republicans, Republican, Democratic, Marshall Fund’s Alliance, Securing Democracy, General, Associated Press, Voting, Connecticut Legislature, Hartford Democrat Locations: HARTFORD, Conn, Connecticut’s, Bridgeport, Idaho, In Connecticut, United States, Connecticut, “, Atlanta, Chicago

☆ Indexes end up sharply with tech after strong jobs, slower wage growth
▼ + stars: | 2023-10-06 | by ( Caroline Valetkevitch | ) www.reuters.com time to read: +3 min

The S&P 500 and Nasdaq registered their biggest daily percentage gains since late August, and the S&P 500 rose for the week, snapping a four-week losing streak. Information technology (.SPLRCT) was up the most of any S&P 500 sector, followed by communication services (.SPLRCL). He said also that the S&P 500 appeared to bounce after nearing its 200-day moving average, currently at around 4,208. For the week, the S&P 500 was up 0.5%, the Dow fell 0.3% and the Nasdaq rose 1.6%. The S&P 500 posted six new 52-week highs and 52 new lows; the Nasdaq Composite recorded 27 new highs and 260 new lows.

Persons: Stocks, Robert Pavlik, Brendan McDermid, Caroline Valetkevitch, Sinead Carew, Ankika Biswas, Shashwat Chauhan, Anil D'Silva, Shounak Dasgupta, David Gregorio Our Organizations: Companies, Exxon, Dow, Nasdaq, Federal Reserve, Dakota Wealth, Treasury, Traders, New York Stock Exchange, REUTERS, Dow Jones, JPMorgan Chase, Exxon Mobil, Reuters, Natural Resources, NYSE, Thomson Locations: Fairfield , Connecticut, New York City, U.S, New York, Bengaluru

☆ Indexes rally with tech after strong jobs, slower wage growth
▼ + stars: | 2023-10-06 | by ( Caroline Valetkevitch | ) www.reuters.com time to read: +2 min

The S&P 500 rose for the week, snapping a four-week losing streak. Information technology (.SPLRCT) was up the most of any S&P 500 sector, followed by communication services (.SPLRCL). Stocks initially fell early after the jobs data, which showed U.S. employment increased by the most in eight months in September but also that wage growth cooled. Robert Pavlik, senior portfolio manager at Dakota Wealth in Fairfield, Connecticut, said the S&P 500 appeared to bounce after nearing its 200-day moving average, currently at around 4,208. Market watchers have been weighing whether the Fed may be done hiking interest rates after a recent surge in long-term U.S. Treasury yields.

Persons: Brendan McDermid, Stocks, Robert Pavlik, Sinead Carew, Ankika Biswas, Shashwat Chauhan, Anil D'Silva, Shounak Dasgupta, David Gregorio Our Organizations: New York Stock Exchange, REUTERS, Companies, Exxon, YORK, Dakota Wealth, Federal Reserve, Treasury, Nasdaq, Dow Jones, JPMorgan Chase, Exxon Mobil, Reuters, Natural Resources, Thomson Locations: New York City, U.S, Fairfield , Connecticut, New York, Bengaluru

☆ WNBA Finals feature 'Superteam' showdown for the ages
▼ + stars: | 2023-10-06 | by ( Amy Tennery | ) www.reuters.com time to read: +3 min

The Aces defeated the Wings 97-83. Mandatory... Acquire Licensing Rights もっと読むNEW YORK, Oct 6 (Reuters) - A "superteam" showdown fans were clamoring for tips off on Sunday as the defending champion Las Vegas Aces play a New York Liberty team hungry for a maiden major title in the WNBA Finals. The number one Aces lost twice MVP Candace Parker to injury in July but never missed a beat as last year's Most Valuable A'ja Wilson propelled Sin City to a WNBA record 34 wins. "We saw a different level of excitement in the off season this year because of the superteam narrative," said ESPN commentator and former WNBA All-Star Rebecca Lobo. New York coach Sandy Bronello said relief was her primary emotion as the Liberty eked out an 87-84 win in Game 4 against Connecticut.

Persons: A'ja Wilson, Kelsey Plum, Kiah Stokes, Chelsea Gray, Jackie Young, Breanna Stewart, Candace Parker, Rebecca Lobo, Wilson, Stewart, Lobo, Larry Bird, Magic Johnson, They've, Jonquel Jones, Sandy Bronello, Brondello, Becky Hammon, Hammon, Amy Tennery, Ed Osmond 私 Organizations: Las Vegas Aces, Dallas Wings, Michelob, The Aces, Wings, New York Liberty, WNBA, Liberty, Aces, ESPN, San Francisco Bay Area, NBA, Chicago Sky, Washington Mystics, Connecticut, Phoenix Mercury Locations: Las Vegas , Nevada, USA, Sin, San Francisco Bay, Las Vegas, New York

☆ Nasdaq leads Wall St rebound after weaker-than-expected data
▼ + stars: | 2023-10-04 | by ( Caroline Valetkevitch | ) www.reuters.com time to read: +3 min

Consumer discretionary (.SPLRCD) rose 2%, leading S&P 500 sectors higher, followed by communication services (.SPLRCL) and technology (.SPLRCT), as U.S. Treasury yields eased off of 16-year highs. The ADP National Employment Report was cheered by investors worried about rising interest rates and the likelihood that the Federal Reserve may need to keep rates higher for longer. Recent weakness had brought the S&P 500 near its 200-day moving average, currently at around 4,203. S&P 500 company earnings are expected to have risen 1.6% year-over-year for the quarter, according to LSEG data. The S&P 500 posted one new 52-week high and 40 new lows; the Nasdaq Composite recorded 18 new highs and 398 new lows.

Persons: Oliver Pursche, Brendan McDermid, decliners, Caroline Valetkevitch, Ankika Biswas, Shashwat Chauhan, Shounak Dasgupta, Richard Chang Organizations: Companies, ADP, Dow, Nasdaq, Consumer, Treasury, Federal, Wealthspire Advisors, U.S, New York Stock Exchange, REUTERS, Dow Jones, Ford, NYSE, Thomson Locations: Westport , Connecticut, New York City, U.S, New York, Bengaluru

☆ Wall St ends up after recent weakness; consumer discretionary gains
▼ + stars: | 2023-10-04 | by ( Caroline Valetkevitch | ) www.reuters.com time to read: +2 min

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., September 26, 2023. Consumer discretionary (.SPLRCD) led S&P 500 sectors higher, followed by technology (.SPLRCT), as U.S. Treasury yields eased off of 16-year highs. The ADP National Employment Report was cheered by investors worried about rising interest rates and the likelihood that the Federal Reserve may need to keep rates higher for longer. Recent weakness had brought the S&P 500 near the 4,200 level, seen as the index's next level of support. According to preliminary data, the S&P 500 (.SPX) gained 34.17 points, or 0.81%, to end at 4,263.62 points, while the Nasdaq Composite (.IXIC) gained 172.95 points, or 1.32%, to 13,236.01.

Persons: Brendan McDermid, Oliver Pursche, Caroline Valetkevitch, Ankika Biswas, Shashwat Chauhan, Shounak Dasgupta, Richard Chang Organizations: New York Stock Exchange, REUTERS, Companies, ADP, Major U.S, Consumer, Treasury, Federal, Wealthspire Advisors, U.S, Nasdaq, Dow Jones, Ford, Thomson Locations: New York City, U.S, Major, Westport , Connecticut, New York, Bengaluru

☆ New England states join to buy offshore wind power as US industry struggles
▼ + stars: | 2023-10-04 | by ( ) www.reuters.com time to read: +3 min

By joining forces, the states hope to counter the pain rippling across the nascent U.S. offshore wind industry, which is expected to play a key part in decarbonizing the power sector and revitalizing domestic manufacturing. The three states will seek multi-state offshore wind proposals for selection in 2024 for up to 6,000 megawatts (MW) of power. “One year ago, Avangrid was the first offshore wind developer in the United States to make public the unprecedented economic headwinds facing the industry," Avangrid said in a release. Avangrid has said it planned to rebid the Park City project in future offshore wind solicitations. Those Massachusetts power companies include units of Eversource Energy (ES.N), National Grid (NG.L) and Unitil (UTL.N).

Persons: Brian Snyder, Maura Healey, Avangrid, France's, Scott DiSavino, Aurora Ellis Organizations: REUTERS, American, Offshore WINDPOWER Conference, Eversource Energy, Grid, Shell, Thomson Locations: Rhode, U.S, New England, Massachusetts, Rhode Island and Connecticut, Connecticut, Boston, Park City, United States, Park

☆ ‘I’ve always made fun of the rules.’ John Waters has only ever been himself
▼ + stars: | 2023-10-04 | by ( Marie Lodi | ) edition.cnn.com time to read: +10 min

“I could keep all the money,” Waters once told culture website Flavorwire of the screenings. During a press preview for the exhibition, Waters revealed that one item he wished they had procured was Divine’s “cheater” — drag terminology for a prosthetic vulva with fake pubic hair. Whether it’s subverting a four-figure tub of moisturizer or Hollywood, Waters has always been true to himself. “I’ve always made fun of the rules of the world that I live in. That’s how you can have fun, by breaking some of them.”One rule Waters isn’t breaking, however, is his daily writing schedule.

Persons: CNN —, John Waters, Jenny He, Dara Jaffe, Greg Gorman, Waters, Glenn Milstead, Mink, Edith Massey, Cookie Mueller, Mary Vivian Pearce, Lawrence Irvine, Prince, Puke, William S, that’s, ”, Kathleen Turner, “, ” Jaffe, Charles White, ” Waters, Marjorie Taylor Greene, That’s, he’s, —, you've, ” Chris Pizzello, thusfar, Divine, Ricki Lake, Traci Turnblad, Traci, Amber Von Tussle’s, Van Smith, Isabelle Huppert — Waters, “ I’ve, There’s Organizations: CNN, Academy Museum Foundation, Hollywood, Academy Museum of Motion Pictures, NYU, Warner Bros, Burroughs, Academy Museum, Wesleyan University, Charles White / Academy Museum Foundation, New York Times, Maybelline Locations: Los Angeles, American, Lutherville , Maryland, Baltimore, Sleaze, LA, Middletown , Connecticut, Cape Cod, Waters, Hollywood, Seattle

Massachusetts, Connecticut and Rhode Island will procure future wind energy projects together rather than separately as part of a joint agreement the states' governors announced Wednesday — the first such multi-state agreement in the nation. Energy from off-shore wind projects is seen as key to meeting each states' climate change goals. The new multistate agreement, which could become a model for other parts of the country, comes as some offshore wind developers are seeking to renegotiate contracts they signed with states in 2019 and 2020 when costs were lower. This week, electric utility Avangrid announced it was pulling out of Connecticut's largest offshore wind project, Park City Wind, calling the current terms “unfinanceable." Political Cartoons View All 1199 ImagesEnergy developers will have until January to submit proposals to be considered for multi-state offshore wind projects that can generate up to 6,000 megawatts.

Persons: Ned Lamont, ”, Lamont Organizations: Connecticut Gov, Energy, Democrat Locations: Massachusetts, Connecticut, Rhode

☆ Senators warn Biden that a defense pact with 'authoritarian' Saudi Arabia in exchange for normalizing ties with Israel hurts American interests
▼ + stars: | 2023-10-04 | by ( Charles R. Davis | ) www.businessinsider.com time to read: +3 min

20 senators are warning President Biden against a defense agreement with Saudi Arabia. The US is considering a defense pact to entice Saudi Arabia to normalize relations with Israel. The New York Times reported last month that the Biden administration is considering a security agreement with Saudi Arabia "resembling those with Japan or South Korea." While saying they share the White House's goal of restoring ties between its two Middle Eastern allies, the senators argue that a defense pact with Saudi Arabia would upend decades of US policy. The effort to normalize relations between Israel and Saudi Arabia was kickstarted during the Trump administration, despite Crown Prince Mohammed bin Salman ordering the killing of an American citizen, Jamal Khashoggi, according to a US intelligence assessment.

Persons: Biden, —, Washington's, Chris Murphy of, John Fetterman of, Dick Durbin, Trump, Prince Mohammed bin Salman, Jamal Khashoggi, Axios, Jared Kushner Organizations: Service, The New York Times, Illinois Locations: Saudi Arabia, Israel, Japan, South Korea, Riyadh, Chris Murphy of Connecticut, John Fetterman of Pennsylvania, Saudi, American

Leaders dropped $6 billion in Ukraine aid from the temporary funding measure passed Saturday as they focused on passing it quickly, just hours before the government would have shut down. Supporters of Ukraine aid — including Ukrainian President Volodymyr Zelenskyy, who visited the Capitol to plead for the money in person just two weeks ago — say it’s essential that additional funding is included. He said he would address Ukraine aid soon. But any dealmaking is on hold as House Republicans try to find a new leader. Jordan has made clear his opposition to additional Ukraine aid and reiterated it Wednesday.

Persons: Kevin McCarthy, McCarthy, Volodymyr Zelenskyy, Joe Biden, “, ” Biden, ”, Democratic Sen, Chris Murphy, ” Sen, Joe Manchin, Republicans “, Manchin, Biden, Lindsey Graham, Jim Jordan, Steve Scalise, Kevin Hern, Jordan, ” Jordan, Hern, Scalise, Kelly Armstrong, ” Armstrong, Adam Smith, Michael McCaul, McCaul, “ It’s, ” McCaul, Stephen Groves, Josh Boak, videojournalists Dan Huff, Nathan Ellgren Organizations: WASHINGTON, Republicans, Russia, Capitol, House Democrats, Ukraine, Senate, Democrats, Democratic, ”, Oklahoma Rep, Republican, House Armed Services Committee, Foreign, Associated Press Locations: Ukraine, “, Connecticut, United States, Russia, U.S, Ohio, Jordan, Washington, Texas

☆ Dalio says China-US relations are 'on the brink of red lines'
▼ + stars: | 2023-10-03 | by ( Carolina Mandl | ) www.reuters.com time to read: +2 min

Ray Dalio, Bridgewater's Co-Chairman and Co-Chief Investment Officer speaks during the Skybridge Capital SALT New York 2021 conference in New York City, U.S., September 15, 2021. REUTERS/Brendan McDermid/File Photo Acquire Licensing RightsGREENWICH, Connecticut, Oct 3 (Reuters) - Ray Dalio, founder of hedge fund Bridgewater Associates, said on Tuesday that the relationship between China and the United States is "on the brink of red lines," although he does not see a war on the way. "U.S.-China relationship relations are in a number of areas on the brink of red lines," he told the audience of investors, adding that a war is unlikely. A China enthusiast and investor, Dalio has helped Bridgewater build a relevant hedge fund in the world's second-biggest economy. Reporting by Carolina Mandl in Greenwich, Connecticut Editing by William Maclean and Matthew LewisOur Standards: The Thomson Reuters Trust Principles.

Persons: Ray Dalio, Bridgewater's, Brendan McDermid, Dalio, Carolina Mandl, William Maclean, Matthew Lewis Organizations: REUTERS, Rights, Bridgewater Associates, Greenwich Economic, Bridgewater, Federal, Carolina, Thomson Locations: New York City, U.S, Rights GREENWICH , Connecticut, China, United States, Greenwich, Taiwan, Washington, Beijing, Greenwich , Connecticut

☆ Billionaire Bridgewater founder Ray Dalio says he's focusing on running his family office, not returning to run the world's largest hedge fund
▼ + stars: | 2023-10-03 | by ( Bradley Saacks | ) www.businessinsider.com time to read: +2 min

Ray Dalio says he's not plotting a comeback to Bridgewater, the fund he founded in 1975. Speaking at a Greenwich conference Tuesday, Dalio denied a New York Times report saying he might return. He said he will focus on running his family office and mentoring Bridgewater's leadership team. Dalio is building out his family office with a new office in Abu Dhabi and hiring in its other hubs in the US and Singapore, according to Bloomberg. The world's largest hedge fund is now being run by Nir Bar Dea, who has already shaken up the firm with a restructure and layoffs.

Persons: Ray Dalio, he's, Dalio, —, Mark Baumgartner, Rob Copeland, Nir Bar Dea Organizations: Bridgewater, New York Times, Service, Bridgewater Associates, Carnegie, Greenwich Economic, Times, Wall Street, New York Post, Bloomberg Locations: Greenwich, China, Westport , Connecticut, Abu Dhabi, Singapore, Bridgewater

☆ Dalio Says China-US Relations Are 'On the Brink of Red Lines'
▼ + stars: | 2023-10-03 | by ( Oct. | At P.M. | ) www.usnews.com time to read: +2 min

By Carolina MandlGREENWICH, Connecticut (Reuters) - Ray Dalio, founder of hedge fund Bridgewater Associates, said on Tuesday that the relationship between China and the United States is "on the brink of red lines," although he does not see a war on the way. Speaking at the Greenwich Economic Forum, Dalio said that there are irreconcilable differences between the world's two biggest economies, citing as examples the independence of Taiwan, the battle for chips and geopolitics. "U.S.-China relationship relations are in a number of areas on the brink of red lines," he told the audience of investors, adding that a war is unlikely. A China enthusiast and investor, Dalio has helped Bridgewater build a relevant hedge fund in the world's second-biggest economy. Relations between Washington and Beijing have been under increasing strain over spying allegations, human rights, China's industrial policies and U.S. export bans on advanced technologies.

Persons: Ray Dalio, Dalio, Carolina Mandl, William Maclean, Matthew Lewis Organizations: Bridgewater Associates, Greenwich Economic, Bridgewater, Federal, Carolina Locations: Carolina Mandl GREENWICH , Connecticut, China, United States, Greenwich, Taiwan, U.S, Washington, Beijing, Greenwich , Connecticut

Health insurance provider The Cigna Group will pay more than $172 million over claims it gave the federal government inaccurate Medicare Advantage diagnoses codes in order to inflate reimbursement. The case centered around allegations that Cigna violated the False Claims Act by submitting and not withdrawing “inaccurate and untruthful” codes, according to the U.S. Department of Justice. The department said in a statement Saturday that Cigna falsely certified in writing that its data was truthful. Medicare Advantage plans are privately run versions of the federal government’s Medicare program mainly for people 65 and older. That deal is designed to promote compliance with federal health program requirements.

Persons: Cigna, “ Organizations: U.S . Department of Justice, Medicare, Department of Health, Human Services Locations: Bloomfield , Connecticut

“We will not take a break and we cannot stop now, and we will continue to pass life-saving laws until we end gun violence in Connecticut. Our lives depend on it,” said Jeremy Stein, executive director of Connecticut Against Gun Violence. Immediately after it was passed, the law was challenged in court by gun rights supporters. Connecticut’s landmark 2013 gun law, passed in response to the 2012 elementary school shooting in Newtown that claimed 26 lives, is also being contested in court. Besides Connecticut, which has some of the strictest gun laws in the country, other politically liberal-leaning states including California, Washington, Colorado and Maryland also have passed gun laws this year that face legal challenges.

Persons: Ned Lamont, “, ”, Jeremy Stein, Gavin Newsom, Newsom, Vincent Candelora, Pro Tempore Martin Looney, Looney, Lamont Organizations: —, Sandy, Elementary, Democratic Gov, Besides Connecticut, U.S, Supreme, California, Republican, Assembly, Pro Tempore Locations: HARTFORD, Conn, Connecticut, Newtown, Besides, California, Washington , Colorado, Maryland, North Branford, ”, New Haven, ” Connecticut

☆ Cigna Group announces settlement with US on claims it overcharged Medicare Advantage program
▼ + stars: | 2023-09-30 | by ( ) www.reuters.com time to read: +1 min

Signage for Cigna is pictured at a health facility in Queens, New York City, U.S., November 30, 2021. REUTERS/Andrew Kelly/File Photo Acquire Licensing RightsWASHINGTON, Sept 30 (Reuters) - Health insurer Cigna Group (CI.N) says it has reached a settlement with the United States over claims it overcharged the government's Medicare Advantage program by making it appear patients were more ill than they actually were. The settlement, reached on Friday, includes a payment of about $172 million by Cigna. Cigna said it also will enter into a corporate integrity agreement with the U.S. Office of Inspector General. Medicare is a government health insurance program for people ages 65 and older.

Persons: Andrew Kelly, Cigna, Paul Grant, Daniel Wallis Organizations: REUTERS, Rights, Cigna, U.S . Office, U.S, Medicare, Thomson Locations: Queens , New York City, U.S, United States, Manhattan, Connecticut

☆ Flash floods foreshadow a threatening reality in New York City
▼ + stars: | 2023-09-30 | by ( Denise Chow | Evan Bush | ) www.cnbc.com time to read: +8 min

Cars drive along a flooded street on Church Avenue amid a coastal storm on September 29, 2023 in the Flatbush neighborhood of Brooklyn borough New York City. And more than a decade after Hurricane Sandy forced officials to rethink the meaning of climate resilience in New York City, it appears there's still much to be done. Kathy Hochul declared a state of emergency for New York City, Long Island and the Hudson Valley, calling the storm a "life-threatening rainfall event." The storm caused about $19 billion in damage to New York City. In densely populated cities like New York, flooding risks are heightened because of the built environment and lack of green spaces.

Persons: Michael M, Hurricane Ida, Hurricane Sandy, Joseph Kane, Steve Bowen, Gallagher, Bowen, Kathy Hochul, Eric Adams, Spencer Platt, Zachary Iscol, Sandy, Superstorm Sandy, Louise Yeung, Yeung, Hurricane Sandy —, Ida, Mona Hemmati, Hemmati, Andrew Kelly Organizations: Brooklyn borough New, Santiago, Getty, Hurricane, Brookings Institute, NBC News, Gallagher Re, . New York Gov, York City, Prospect, Columbia Climate School, New York City Department of Environmental Locations: Flatbush, Brooklyn borough, Brooklyn borough New York City, New York City, Brooklyn, New York, New York , New Jersey, Connecticut, Long, Hudson, York, Brooklyn Borough, Zachary Iscol , New York, Hurricane, Atlantic City, New Jersey, Manhattan, Williamsburg, U.S

☆ A government shutdown would be a 'gut punch' to Head Start programs that serve 10,000 low income children
▼ + stars: | 2023-09-30 | by ( Associated Press | ) www.businessinsider.com time to read: +7 min

Head Start programs, which serve over 10,000 children across the nation, would lose funding. If the shutdown isn't averted, Head Start programs serving more than 10,000 children would immediately lose federal funding, including Ferguson's program. This is a particular concern with nearly 20% of Head Start staff positions vacant nationwide, according to the National Head Start Association. The 16-day October 2013 shutdown was the last to hit Head Start hard, affecting 19,000 children and shuttering programs in several states. Laketia Washington, a mother of eight whose 3- and 5-year-olds attend Head Start programs in Tallahassee, Florida, lamented the turmoil as she rang up customers at a discount store.

Persons: —, Monette Ferguson, Ferguson, Tommy Sheridan, Sheridan, Bobby Kogan, Lori Milam, she's, Philip Shelly, Nikki Budzinski, Maureen Coffey, Lynn Karoly, John, Laura Arnold, what's Organizations: Service, Alliance for Community Empowerment, Start Association, Sunday, Center for American Progress, West Virginia, Democratic U.S ., Start, Center for American, Rand Corp, Tim Center, Capital Area Community Action Agency Locations: Connecticut, Florida , Alabama , Connecticut, Georgia , Massachusetts, South Carolina, Illinois, Minnesota , New York, Maine, Houston, Florida, Laketia Washington, Tallahassee , Florida

☆ It's going to be hard to talk Biden out of running for president because the people who said that last time were totally wrong
▼ + stars: | 2023-09-30 | by ( Walt Hickey | ) www.businessinsider.com time to read: +7 min

The last time people told Biden not to run, they were catastrophically wrong and he'll not forget that. And I plan on staying deeply involved," Biden told a Connecticut NBC affiliate in January of 2016. AdvertisementAdvertisementAfter the 2016 election went the way Biden had feared, he didn't hesitate to make his case. In 2016, Biden thought he could win. Biden won back enough white, working-class voters to shore up the breached "Blue Wall" by enough of a margin to deliver him the presidency.

Persons: Biden, —, Joe Biden, Donald Trump, Obama, State Hillary Clinton, Lee Myung, bak, Yuri Gripas, Hillary Clinton, dogging Clinton, Barack Obama, Beau, Clinton, Jewel Samad, Getty Images Biden, Biden gamely, monomaniacally, Jake Tapper, Biden didn't, Evan Vucci Organizations: Service, Democratic Party, Trump, U.S, State, State Department, REUTERS, NBC, Getty Images, Clinton's, Connecticut NBC, University of Pennsylvania, Biden, Democratic, Independents, Clinton Locations: Washington, Pennsylvania , Ohio, Michigan, Connecticut, South Carolina

Notably, the bill does not include aid for Ukraine, which Democrats, the White House, and some Republicans had advocated strongly for. After a meeting with his conference, House Speaker Kevin McCarthy announced that the House would put the stopgap bill on the floor. But McCarthy positioned the move as one that would enable House Republicans to continue their work on border security going forward, while keeping the government open. Some Democrats delivered strong rebukes of the bill for lacking aid to Ukraine ahead of the vote Saturday. Rep. Rosa DeLauro of Connecticut, the lead appropriator for House Democrats, suggested the move was a “shameful” defiance of the American value of freedom.

Persons: Kevin McCarthy, ” McCarthy, Hakeem Jeffries, McCarthy, Rosa DeLauro, Mr, ” DeLauro, “ Organizations: Republicans, GOP, Senate, Saturday, Capitol, Republican, House Democrats Locations: Ukraine, Connecticut

☆ Map: How much money you need to make to be in the top 1% in every U.S. state—it's nearly $1 million in Connecticut
▼ + stars: | 2023-09-30 | by ( Kamaron Mcnair | In Kamaronmcnair | ) www.cnbc.com time to read: 1 min

But in one state, it means you've just crossed over into the top 1% of earners. Your household needs to bring in a whopping $952,902 to crack the top 1% in Connecticut, the highest threshold for any state, according to a recent SmartAsset analysis. That's nearly three times the income needed to be in the 1% in West Virginia, the state with the lowest threshold at $367,582. Connecticut's median household income of $90,730 is one of the highest in the country and well above the national median of $74,580, according to Census Bureau data. See how much you'd need to make to be in the top 1% of households in your state:

Persons: That's Locations: Connecticut, West Virginia

☆ Long-serving US Democratic Senator Dianne Feinstein dead at 90
▼ + stars: | 2023-09-29 | by ( Will Dunham | ) www.reuters.com time to read: +7 min

Feinstein was a Washington trailblazer who, among other accomplishments, became the first woman to head the influential Senate Intelligence Committee. Feinstein joined the Senate in 1992 after winning a special election and was reelected five times, including in 2018, along the way becoming the longest-serving woman senator ever. Health issues slowed Feinstein late in her career, when she was the oldest senator at the time. She ran for governor in 1990, winning the Democratic primary but losing to Republican Pete Wilson in the general election. Feinstein then ran in 1992 for the Senate seat that Wilson had previously held, easily defeating the Republican appointed to the seat.

Persons: Sen, Dianne Feinstein, William Barr, Department's, Feinstein, Dianne, Francisco’s, Nancy Pelosi, Pelosi, George Moscone, Harvey Milk, Milk, Dan White, Ramsay Hunt, al, Osama Bin Laden, John McCain of, Edward Snowden, Republican George W, Bush's, Lindsey Graham, Donald Trump's, Amy Coney Barrett, Trump, Joe Biden's, She, Francisco's, Republican Pete Wilson, Wilson, Feinstein's, Bertram Feinstein, Richard Blum, Will Dunham, Susan Heavey, Scott Malone, Diane Craft, Jonathan Oatis Organizations: Committee, Democratic U.S, Washington trailblazer, Intelligence, Senate, U.S, Francisco's, of Supervisors, Moscone, Republicans, Health, Republican, CIA, AMERICA, National Security Agency, NSA, Capitol, Stanford University, San, Supervisors, Democratic, Thomson Locations: Washington , U.S, WASHINGTON, California, Washington, San Francisco County, Connecticut, United States, al Qaeda, Pakistan, John McCain of Arizona, Vietnam, America, Iraq, San Francisco

Search resuls for: "connecticut"

25 mentions found