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VIRGINIA BEACH, Virginia, Feb 28 (Reuters) - President Joe Biden said on Tuesday that his March 9 budget proposal to the U.S. Congress will include some higher taxes, including on billionaires, but will not violate his pledge not to raise rates on Americans making less than $400,000 a year. "On March the 9th, I'm going to lay down in detail every single thing, every tax that's out there that I'm proposing, and no one ... making less than $400,000 is going to pay a penny more in taxes," Biden told an audience in Virginia Beach, Virginia. I'm gonna raise some taxes," the Democratic president added, before suggesting that "billionaires" would be called upon to pay more. Biden, under pressure from Republicans who are threatening not to raise the U.S. debt limit unless he agrees to sharp spending cuts, has vowed to cut the deficit by $2 trillion over 10 years in the upcoming budget proposal. During the 2020 campaign, Biden pledged not to increase taxes on taxes on people making less than $400,000 a year.

☆ Watch live: Biden warns of GOP plans to curb access to health-care
▼ + stars: | 2023-02-28 | by ( Emma Kinery | ) www.cnbc.com time to read: +2 min

Republicans have insisted that Biden cuts spending as part of a deal to raise the debt limit — a proposition Biden won't negotiate. Biden met with House Speaker Kevin McCarthy at the White House earlier this month to discuss the topic, but no agreements were made. Biden has asked House Republicans to lay out their own budget proposal with the desired spending cuts before nitpicking at his. Because McCarthy has yet to present a budget proposal, it is unclear how many of the ideas cited by Biden are being actively considered by House GOP. McCarthy has said cuts to the popular Social Security and Medicare programs are "off the table" in any debt ceiling talks.

"We've been talking about impending recession for several quarters now," said Malone, whose Virginia Beach-based company has a national footprint. So has unexpectedly strong consumer spending and, for the world outlook, the reopening of China's economy from strict COVID lockdowns. That poured cold water on the idea that the Fed would "pivot" on a dime to lower rates. "Government bond yields are up" since the last Fed policy meeting, Durham wrote. "It kind of seems the U.S. economy might be more resilient than markets thought six or eight weeks ago."

But U.S. and Canadian authorities also announced they had called off searches for three unidentified objects shot down over last weekend, without locating any debris. The last of the debris from the Chinese balloon, which was downed by a Sidewinder missile, is heading to an FBI laboratory in Virginia for analysis, the U.S. military's Northern Command said. Reuters was first to report the conclusion of the recovery efforts for the suspected Chinese spy balloon, which were halted on Thursday. Kirby said the United States had already learned a lot about the balloon by observing it as it flew over the United States. "We will maintain the perspective that we have in terms of what should be the relationship between China and the United States," she said.

☆ U.S. military completes recovery of Chinese balloon downed off South Carolina
▼ + stars: | 2023-02-17 | by ( ) www.cnbc.com time to read: +1 min

The U.S. military said on Friday it had successfully concluded recovery efforts off South Carolina for a suspected Chinese surveillance balloon shot down by a U.S. fighter jet, and the last of the debris was being shipped to a laboratory for analysis. Recovery operations concluded on Thursday and Navy and Coast Guard vessels have left the area and safety perimeters around the site have been lifted, the statement said. The U.S. military said earlier this week it had recovered all of the priority sensor and electronics pieces identified as well as large sections of the balloon's structure. The Chinese balloon, which Beijing denies was a government spy vessel, spent a week flying over the United States and Canada before being shot down off the Atlantic coast on orders from President Joe Biden. The episode has strained ties between Washington and Beijing, leading America's top diplomat to postpone a trip to China.

☆ The 11 U.S. cities where rent prices fell the most in January
▼ + stars: | 2023-02-15 | by ( Mike Winters | ) www.cnbc.com time to read: +2 min

U.S. renters are finally getting a break on their rent, with prices dropping in 11 major markets in January, according to new data by online realtor Redfin. Median asking rent dropped to $1,942 last month, down from a 2022 peak of $2,053. Only four cities posted double-digit rent growth in January 2022, compared with 38 in January 2021. The number of cities with price drops also continues to climb, from just two a year ago to 11 in January. January rent prices for this study are based on 20,000 apartment listings from Rent.com for the 50 largest metro areas in the country.

☆ Pressure mounts on Biden to publicly address aerial object shoot downs
▼ + stars: | 2023-02-15 | by ( Christina Wilkie | ) www.cnbc.com time to read: +3 min

Al Drago | ReutersWASHINGTON — President Joe Biden is coming under mounting pressure from both Democratic and Republicans senators to publicly explain why he ordered three floating objects to be shot down last weekend by American fighter jets. The orders to shoot down the three "unidentified aerial phenomena" over three days came just one week after a massive Chinese surveillance balloon was shot down Feb. 4, after floating across the United States for eight days. The first of the objects shot down this weekend was the size of a small car and floating at 40,000 feet when it was shot down over the Arctic Ocean on Friday. The second one was similar in size and altitude, but it was shot down over the Canadian Yukon on Saturday. The third floating object was slightly smaller and floating at just 20,000 feet when it was taken out over Lake Huron on Sunday.

☆ Louis Vuitton Looks to Tap Pharrell Williams as Next Menswear Designer
▼ + stars: | 2023-02-14 | by ( Jacob Gallagher | Nick Kostov | ) www.wsj.com time to read: 1 min

Louis Vuitton is in talks to hire Pharrell Williams , the music producer and streetwear entrepreneur, to be its next men’s head designer, according to people familiar with the matter. If appointed, Mr. Williams, 49, would assume the role previously held by Virgil Abloh, who died in November 2021. Mr. Abloh was the first Black American to be appointed to a head design position at a European luxury house. Mr. Williams, a native of Virginia Beach, Va., who rose to prominence in the late ’90s as a part of hip-hop production duo the Neptunes, could be the second.

☆ Louis Vuitton Taps Pharrell Williams as Next Menswear Designer
▼ + stars: | 2023-02-14 | by ( Jacob Gallagher | Nick Kostov | ) www.wsj.com time to read: 1 min

Louis Vuitton has hired Pharrell Williams , the music producer and streetwear entrepreneur, to be its creative director of menswear, the company said. Mr. Williams, 49, assumes the role previously held by Virgil Abloh, who died in November 2021. Mr. Abloh was the first Black American to be appointed as the head designer at a European luxury house. Mr. Williams, a native of Virginia Beach, Va., who rose to prominence in the late 1990s as a part of hip-hop production duo the Neptunes, is now the second.

☆ Armada Hoffler Plans Private Bond Sales After Securing First Credit Rating
▼ + stars: | 2023-02-07 | by ( Mark Maurer | ) www.wsj.com time to read: +4 min

Real-estate investment trust Armada Hoffler Properties Inc. plans to raise financing through a series of private placements after securing its first credit rating, a move to wean itself off variable-rate debt as interest rates continue to climb. Armada Hoffler, which invests in office, retail and multifamily properties, on Tuesday said it obtained a BBB rating from ratings firm DBRS Morningstar. Armada Hoffler will likely always have some variable debt, which it needs to take out construction loans, he said. Armada Hoffler is developing a new headquarters for asset manager T. Rowe Price Group Inc. in Baltimore, in partnership with real-estate developer Beatty Development Group LLP. In addition to acquiring properties, Armada Hoffler has development, construction and asset-management business lines.

☆ People in this city spend the most on coffee—it's not New York or LA
▼ + stars: | 2023-02-03 | by ( Ryan Ermey | ) www.cnbc.com time to read: +2 min

How much is your daily coffee habit really costing you? The city where espresso and steamed milk will cost you the most: Virginia Beach, Virginia, clocking in at $5.75 a cup, on average. The most expensive cups of cappuccino Virginia Beach, Virginia: $5.75 Las Vegas: $5.40 Minneapolis: $5.37 New York: $5.31 San Francisco: $5.21 That's just the outright cost. New York and San Francisco have expensive coffee, but their residents tend to make more money. If you express the cost of a five-days-a-week cappuccino habit as a percentage of a city resident's average income, the most expensive coffee cities change a bit.

☆ Mass Shootings in the U.S.: A Symptom of Despair - The New York Times
▼ + stars: | 2023-01-26 | by ( Jillian Peterson | James Densley | ) www.nytimes.com time to read: +23 min

Seven killed and 46 injured in Highland Park, Ill., on July 4, 2022He suffered from severe back pain. Eight killed and seven injured in Indianapolis on April 15, 2021He was known for being paranoid with a short temper. Five killed and seven injured in Aurora, Ill., on Feb. 15, 2019He had expressed violent thoughts. Nine killed and seven injured in Red Lake, Minn., on March 21, 2005He had been noticeably depressed and angry at church. Seven killed and seven injured in Fort Worth on Sept. 15, 1999He killed his daughter’s cat because he was upset.

☆ Factbox: California rampage is the latest U.S. mass shooting
▼ + stars: | 2023-01-22 | by ( ) www.reuters.com time to read: +6 min

In 2018, a former Marine combat veteran killed 12 people in a bar in Thousand Oaks. The deadliest shooting in modern California history was in 1984 when a gunman killed 21 people at a McDonald's restaurant in San Ysidro, near San Diego. - THOUSAND OAKS, Nov. 7, 2018 - A former Marine combat veteran killed 12 people in a bar in Thousand Oaks, California, a suburb of Los Angeles. - WASHINGTON, Sept. 16, 2013 - A former Navy reservist working as a government contractor killed 12 people at the Washington Navy Yard. - AURORA, July 20, 2012 - A masked gunman killed 12 people at a cinema in Aurora, Colorado.

☆ Democratic win in Virginia special election stymies Gov. Youngkin's push for 15-week abortion ban
▼ + stars: | 2023-01-12 | by ( Zoë Richards | Zoë Richards Is The Evening Politics Reporter For Nbc News. | ) www.nbcnews.com time to read: +3 min

Democrat Aaron Rouse has won a special election for a state Senate seat in Virginia after his Republican opponent conceded in a race that was widely viewed as a proxy fight over abortion. Democrats will have a 22-18 majority in the state Senate, and Rouse is expected to provide a crucial vote against efforts by Gov. “Reproductive rights and freedom in Virginia have been hanging by a tenuous thread, especially in the wake of Roe being overturned, and the only thing standing in the way is a one-vote margin in the Virginia state Senate," Tarina Keene, the executive director of REPRO Rising Virginia, said Wednesday. During the campaign, Rouse said protecting access to abortion was a priority, vowing on his website that he would “not compromise” on abortion rights. In his State of the Commonwealth address Wednesday, Youngkin called on the General Assembly to pass a 15-week ban.

☆ 6-year-old is unlikely to be charged in teacher's shooting, but parents could be, experts say
▼ + stars: | 2023-01-11 | by ( Antonio Planas | Helen Kwong | Antonio Planas Is A Breaking News Reporter For Nbc News Digital. | ) www.nbcnews.com time to read: +4 min

The 6-year-old boy accused of shooting his Virginia teacher Friday with a gun he took from home is unlikely to be charged, but his parents could be criminally culpable depending on if they properly secured the weapon, experts said. The boy shot Zwerner with a 9mm Taurus firearm he obtained from his home, Drew said. NBC News legal analyst Danny Cevallos said it’s highly unlikely the boy will be charged, even in juvenile court. In recent years, several adults have been charged in Virginia after a child has fired an unsecured gun. In October 2013, the Virginian-Pilot reported the parents of an elementary school student in Norfolk were charged with child neglect after their son brought a handgun to school.

☆ 11 retinol and retinoid products for acne, wrinkles and more
▼ + stars: | 2022-12-28 | by ( Morgan Greenwald | Morgan Greenwald Is A Senior Editor For Select On Nbc News. | ) www.nbcnews.com time to read: +16 min

SKIP AHEAD Retinol and retinoid products | Retinol vs. retinoid | How to use retinol | What are the potential side effects of retinol? The serum contains time-released 1.5% retinol — which is on the higher side for retinol products — as well as vitamins C and E and squalane to moisturize the skin, according to the brand. Since retinoid products speeds up skin cell turnover, it can leave your skin feeling and looking dry, red and irritated. Greenwald has tried dozens of skin care products and brands over the years, including retinol products. Based on their guidance and recommendations, Greenwald reviewed the features and ingredients of highly rated retinoid products from brands like Neutrogena, Skinceuticals, Peter Thomas Roth, The Ordinary and more.

☆ A woman who mistakenly visited an anti-abortion crisis pregnancy center said she was met with pushback for seeking an abortion: 'I just was not ready, and words can't make you ready for that'
▼ + stars: | 2022-12-06 | by ( Hannah Getahun | Isabella Zavarise | Katie Nixdorf | ) www.businessinsider.com time to read: +12 min

Crisis pregnancy centers outnumber abortion clinics in the US. When she got to The Keim Center in Virginia Beach, it didn't look or smell like a medical clinic — it was too nice, too inviting. Unbeknownst to her, Estefanía had walked into one of the 2,000 crisis pregnancy centers, or CPCs, in the US. "Most of the folks that work in crisis pregnancy centers are people that are on a mission to end abortion." Researchers from Middlebury College have estimated that the extinction of national abortion rights means the number of people living closer to CPCs than abortion clinics will double, and CPCs will outnumber abortion clinics 1-to-5.

The women's attorney, L. Chris Stewart, based in Atlanta, said the Americans died from carbon monoxide poisoning caused by a malfunctioning water heater. Investigators believe the trio died from carbon monoxide poisoning, Mexico City prosecutors said. Ben Jared / PGA TOUR via Getty Images fileAccording to the Centers for Disease Control and Prevention, carbon monoxide poisoning is almost entirely preventable. But carbon monoxide poisoning can be especially dangerous during power outages, when people use alternative sources of fuel or electricity, such as generators. A winter storm in Texas in mid-February 2021 resulted in one of the worst carbon monoxide poisoning incidents in recent history, experts said.

Copeland, who uses they/them pronouns, said their store manager held a team meeting this morning to talk about the Chesapeake store shooting. Share this -Link copiedInvestigators search Walmart gunman's house Investigators on Wednesday scoured the home of the Walmart employee who opened fire at the Chesapeake store where he worked. "We can and must do more to reduce gun violence in America," he tweeted, linking to a news article about the shooting at a Walmart store in Chesapeake. Warner, Kaine of Virginia condemn the violence Virginia's two Democratic senators — Mark Warner and Tim Kaine — decried the mass shooting at the Walmart store in Chesapeake. "The Walmart shooting in Chesapeake is horrific.

☆ Father of UVa shooting suspect says son told him people were 'picking on him,' seemed 'paranoid'
▼ + stars: | 2022-11-15 | by ( Marlene Lenthang | Marlene Lenthang Is A Breaking News Reporter For Nbc News Digital. | ) www.nbcnews.com time to read: +3 min

His father, Christopher Darnell Jones Sr, told NBC affiliate WBBT of Richmond, Virginia, “I can’t believe it was him. I don’t know what happened between then and now to cause this to happen,” he continued. He said some people were picking on him or whatever, he didn’t know how to handle it. She said that she didn't have contact with him after the shooting and didn't know what might have contributed to it. Now the father wants to speak face-to-face with his son and figure out what let up to the shooting.

Three Americans were found dead at an Airbnb they rented out in Mexico City for a trip to celebrate the Day of the Dead, authorities and family said Wednesday. When authorities arrived, they found all three of the Airbnb guests dead, WAVY reported. The State Department confirmed the deaths of three Americans in Mexico in a statement sent to NBC News on Wednesday morning. Ceola Hall, Courtez Hall's mother, told NBC affiliate WDSU of New Orleans that her son was a teacher at the city's KIPP Morial School. Describing her son as a "joyous child," she said: "He loved me, he loved his family.

☆ Three U.S. tourists die in Mexico City Airbnb from carbon monoxide poisoning
▼ + stars: | 2022-11-09 | by ( Brendan O'Boyle | ) www.reuters.com time to read: +2 min

[1/2] General view shows the housing complex where three American tourists were found dead in an apartment last week due to carbon monoxide poisoning, as Mexican authorities confirmed to Reuters on Wednesday, in Mexico City, Mexico, November 9, 2022. REUTERS/Luis CortesMEXICO CITY, Nov 9 (Reuters) - Three American tourists were found dead last week in a Mexico City apartment they were renting after apparent carbon monoxide poisoning, Mexican authorities confirmed to Reuters on Wednesday. The Mexico City Attorney General's office, which opened an investigation into the deaths, said the victims' bodies were found Oct. 30 and that studies indicated they died of carbon monoxide poisoning. Last month, Mexico City's government signed an agreement with the short-term rental site in what Mayor Claudia Sheinbaum described as an effort to boost the number of "digital nomads" coming to Mexico City. The U.S. embassy in Mexico City did not immediately respond to a request for comment.

☆ Dominion Energy Launches Business Review to Boost Stock
▼ + stars: | 2022-11-04 | by ( Will Feuer | ) www.wsj.com time to read: 1 min

Dominion Energy, which operates wind turbines off Virginia Beach, Va., said it intends to review its business mix and capital allocation. Dominion Energy Inc. is initiating a review of its business as it looks to boost its lagging share price. Chief Executive Officer Bob Blue on Friday said that the Richmond, Va., energy company intends to review alternatives to its current business mix and capital allocation, and assess regulatory options to assist its customers with managing costs.

☆ A housing crisis is upon us — but a church group in Virginia is taking a big swing at homelessness by pairing up roommates, subsidizing their rent, and offering counseling
▼ + stars: | 2022-10-30 | by ( Jason Lalljee | ) www.businessinsider.com time to read: +6 min

A small church organization in Virginia is helping unhoused people get back into permanent homes. In addition to losing access to stable housing, Walker says, people lose access to their communities. "Homelessness can be life changing, it can be a matter of life and death," Walker told Insider. His monthly disability payment — under $800 — is less than the median Virginia Beach rent of more than $1,000 for a one-bedroom apartment. Research shows that providing housing subsidies, alongside case management and supportive services, can help people experiencing chronic homelessness achieve long-term housing stability.

☆ America's cars and trucks are getting bigger, and so are their front blind zones. Children are paying the price.
▼ + stars: | 2022-10-24 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Headshot_Small.Png | Adiel Kaplan | ) www.nbcnews.com time to read: +13 min

Front cameras could help prevent these deaths, safety experts say. On Monday, he announced legislation that would make front blind zone safety features mandatory for motor vehicles. After Congress passed a law to improve rear blind zone safety nearly 15 years ago, it took a decade — rulemaking, regulatory delays and a multiyear rollout — before it fully went into effect. Blumenthal’s bill directs regulators to determine what technology, such as cameras or sensors, to require to make front blind zones safer, much like the rear blind zone law did. But she believes the best way to prevent future tragedies is widespread use of blind zone cameras.

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