DIRS.INFO The most relevant business & tech news

☆ Joe Manchin calls on Biden to exit the presidential race and 'pass the torch to a new generation'
▼ + stars: | 2024-07-21 | by ( John L. Dorman | ) www.businessinsider.com time to read: +1 min

Sen. Joe Manchin on Sunday called on President Joe Biden to step aside as the Democratic nominee. "I think that we have a lot of talent on the bench, a lot of good people," the senator told CNN. Manchin called for an "open process" to select a nominee and said he preferred a governor. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementSen. Joe Manchin on Sunday called on President Joe Biden to step aside as the Democratic presidential nominee and make way for a "new generation" of leadership.

Persons: Sen, Joe Manchin, Joe Biden, Manchin, —, Kamala Harris Organizations: Democratic, CNN, Service, Union, West, Business Locations: West Virginia

President Joe Biden on Sunday dropped out of the 2024 presidential race and endorsed Vice President Kamala Harris as the Democratic Party's nominee, after weeks of pressure on the 81-year-old incumbent to quit the contest against former President Donald Trump. "It has been the greatest honor of my life to serve as your President," Biden wrote in a post on the social media site X. Biden in a subsequent tweet wrote that his "very first decision as the party nominee in 2020 was to pick Kamala Harris as my Vice President." Today I want to offer my full support and endorsement for Kamala to be the nominee of our party this year. Democrats — it's time to come together and beat Trump," Biden wrote.

Persons: Joe Biden, Kamala Harris, Donald Trump, Biden, Trump, I've, Kamala, —, Harris, Jamie Harrison, Harrison, Lyndon Johnson, Sen, Eugene McCarthy, Joe Manchin Organizations: Sunday, Democratic Party's, Biden, Trump, NBC News, Democratic, Party, Democratic Party Locations: Rehoboth , Delaware, Vietnam, New Hampshire, West Virginia

☆ Answering questions you might have about Biden’s decision to suspend his reelection
▼ + stars: | 2024-07-21 | by ( Jack Forrest | Danya Gainor | ) edition.cnn.com time to read: +8 min

In practice, whoever the presidential nominee chooses as their running mate is typically accepted by the delegates. What happens to the money raised for Biden’s reelection? Biden’s reelection efforts had raised a total of $240 million at the end of June. Those funds are split across the DNC, allied committees and Biden’s campaign committee itself. While no US president has been pressured out of a reelection campaign due to concerns over his mental fitness, it is not unprecedented for an incumbent president to abandon his reelection campaign — but it is rare.

Persons: Joe Biden, Kamala Harris, —, Biden, Mike Johnson, Elise Stefanik, Montana Sen, Steve Daines, Harris, ”, Sen, Elizabeth Warren of Massachusetts, Pramila, Delaware Sen, Chris Coons, Roy Cooper, Josh Shapiro, Zachary Wolf, Ethan Cohen, Biden couldn’t, Joe Manchin, CNN’s Jake Tapper, Manchin, Biden’s, he’ll, Charlie Spies, Lyndon B, Johnson, Harry S, CNN’s David Wright, Zachary B, Wolf, Fredreka Schouten, Alex Leeds Matthews Organizations: CNN, Sunday, Democratic, House, GOP, Biden, North Carolina Gov, Pennsylvania, Union, Democratic Party, DNC, Federal, Street, Democratic National Committee Locations: Montana, Washington, Delaware, Tennessee, Chicago, West Virginia, “ State

☆ Biden is dropping out. Here's what happens next.
▼ + stars: | 2024-07-21 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +5 min

Biden said he would speak to the matter further later this week. His decision, made after weeks of growing pressure from members of his own party, throws Democrats into uncharted territory. Sen. Joe Manchin, an independent from West Virginia who caucuses with Democrats, called for an "open process" to select a new nominee as he called for Biden to step aside earlier on Sunday. On Sunday, immediately after Biden announced his decision to withdraw, a series of Republican politicians called on Biden to resign immediately, including Speaker Mike Johnson. "If Joe Biden is not fit to run for President, he is not fit to serve as President," Johnson said.

Persons: —, Joe Biden, Biden, Kamala Harris, I've, Harris, Donald Trump, Sen, Joe Manchin, Gretchen Whitmer, Cory Booker of, There's, Alexandria Ocasio, Cortez, Joe Biden doesn't, J.D, Vance, @JDVance1, Mike Johnson, Johnson Organizations: Service, Business, Democratic, Democratic National Committee, Michigan, Cory Booker of New, Rep, Republicans, Biden Locations: Chicago , Illinois, West Virginia, Cory Booker of New Jersey, Alexandria, Cortez of New York

☆ Sen. Joe Manchin calls on Biden to drop out of presidential race
▼ + stars: | 2024-07-21 | by ( Rebecca Picciotto | ) www.cnbc.com time to read: +2 min

Sen. Joe Manchin, D-W.Va., is seen in the U.S. Capitol on Wednesday, September 6, 2023. Independent Sen. Joe Manchin on Sunday called on President Joe Biden to exit the race against former President Donald Trump. Along with Manchin, 36 Democratic lawmakers, including four senators, have called on Biden to exit the race and allow a new nominee to take the helm of the ticket. Over the past week, Manchin had been hinting at his slipping support for Biden as the presumptive Democratic nominee. Throughout the Biden administration, Manchin has positioned himself as a conservative Democrat, sometimes opposing large parts of the president's agenda.

Persons: Sen, Joe Manchin, Independent Sen, Joe Biden, Donald Trump, Josh Shapiro, Andy Beshear, Kamala Harris, Biden, Manchin, Trump Organizations: U.S, Capitol, Independent, West, Kentucky Gov, Trump, Democratic, Biden, Democratic Party, Senate, Democrat, White Locations: West Virginia, Pennsylvania, Manchin

☆ Is There a Future in the Doomsday Economy?
▼ + stars: | 2024-07-13 | by ( Alexander Nazaryan | Emily Najera | ) www.nytimes.com time to read: +2 min

When it comes to surviving the apocalypse, you could do a lot worse than the West Virginia branch of Fortitude Ranch, a constellation of five survivalist compounds across the United States and one of a growing number of businesses aiming to seize on Americans’ deepening anxieties about the future. Set on a rise above the lush valley cradling the Lost River in eastern West Virginia, about two hours from Washington, D.C., the 50-acre property backs up against the George Washington and Jefferson National Forests. A handsome guesthouse, built of dark timber slats, anchors the property. Two large, boxy dormitories, also timber but more rustic, as well as a bare-bones bunker, are designed to house more than 100 members. On a tabletop sits a 50-caliber rifle, which could be used to take out the engine block of an approaching vehicle.

Persons: George Washington Organizations: Washington , D.C, Jefferson National Forests, Guard Locations: West Virginia, Fortitude, United States, Washington ,

☆ The Van Epps family left town for a youth baseball tournament Then tragedy struck
▼ + stars: | 2024-07-12 | by ( Thomas Lake | ) edition.cnn.com time to read: +10 min

The Van Epps family left behind two dogs, a stunned and grieving community, and an untold number of priceless memories. The Van Epps family in an undated photo from several years ago. The Van Epps family took a different route. James Ryan Van Epps pitched in a baseball tournament the morning of the plane crash. Courtesy Ansley Van EppsMeanwhile, she and others who loved the Van Epps family took care of other priorities.

Persons: Georgia CNN —, Ansley Van Epps, ”, Ryan Van Epps, Laura, Harrison, James Ryan, Roger Beggs, Van Epps, Regan Burr, Burr, Ryan’s, Ansley, Ryan, Christine Clements, Christine Marie, “ Harrison, Stefanie Gammage, ” Harrison, Rich Dennis, “, ” James Ryan, Brent Bechard, James Ryan’s, They’d, Chase Timms, Roger, James Ryan Van Epps, Erik Rank, Timms, ” Timms, ‘, ’, Piper, It’s, Walker, Laura wouldn’t, D.J, Jason, who’d, “ James Ryan Organizations: Georgia CNN, Perimeter, Roswell United Methodist Church, Roswell High School, Ridge Christian School, North Atlanta Football Club, Blue Jays, Baseball Hall of Fame, Mirage, Cooperstown, Team Elite National, Elite, Oneonta Municipal, National Transportation Safety Board, NTSB, JFK, Delta Airlines Locations: Milton, Georgia, New York, Catskill, Alpharetta, ”, Cooperstown, Savannah, Oneonta, Charleston , West Virginia, Atlanta, Lake Cecil, Masonville , New York

☆ 10 states with America's worst infrastructure, and most to gain from billions in federal dollars
▼ + stars: | 2024-07-11 | by ( Scott Cohn | ) www.cnbc.com time to read: +16 min

To evaluate each state's infrastructure, our Top States study considers not just roads, bridges, ports and airports. The state broadband office notes that it is the nation's ninth-largest allocation per capita. The state's power grid is among America's least reliable, according to U.S. Department of Energy data. The severe weather means power outages are frequent as well. Since then, the power outages have persisted, making Maine's grid among the worst in the nation.

Persons: Pete Buttigieg, Seth Martindale, Rusty, Dan Koeck, Doug Burgum, Biden, Mark Miller, Suzanne Kreiter, Jim Justice, Senators Joe Manchin, Shelley Moore Capito, Mississippi Brenda Gavin, Elnora Ross, Michael Democker, Robert Gauthier, We're, Lauren Owens Lambert, Logan —, stoplights, Brianna Soukup, Lance King Organizations: Companies, Business, CNBC, Infrastructure Law, Arkansas Turrell, Arkansas Broadband Office, Law, Arkansas Economic Development Corporation, North Dakota, Washington Post, Peace Garden State, U.S . Department of Energy, Power Company, Dakota Utilities, Montana Bison, Getty, Industrial, Rte, Boston Globe, Census, U.S . Department of Transportation, West Virginia, Gov, U.S, Senators, West Virginia Coal Association, Justice, Manchin, Virginia Economic, First Street Foundation, Hawaii, Los Angeles Times, Afp, Boston Regional Airport, Spirit Airlines, Orlando, Logan, JetBlue, White Mountain Cable, Portland Press, Portland Press Herald, Central Maine Power, Power, Energy Department, Maine Locations: States, Arkansas, Arkansas Turrell Arkansas, Turrell Arkansas, Underwood, Peace, North Dakota, Minnesota, Dakota, Buffalo, Yellowstone, Montana, Massachusetts, Canton, Bay State, Boston, Kanawha, Poca, West Virginia, Winfield, Putnam County, Mountain State, Virginia, Mississippi, Louin , Mississippi, Gulf, BroadbandNow, Lahaina , Hawaii, Maui, Lahaina, Western Maui, Hampshire, Hampton , New Hampshire, Manchester, New Hampshire, New England, Maine, Epsom , New Hampshire, Brighton, Woodford Street, Portland, Alaska, Dalton, Coldfoot , Alaska

Supply and DemandThe case for housing deregulation starts with Econ 101: Allowing builders to significantly increase housing supply leads to much lower prices. It isn’t rising demand, as the U.S. population rose even faster back when housing prices were roughly stable. Standard of LivingWhat would happen if homebuilders could once again freely build until housing prices were driven back down to cost? The admittedly small number of studies on the link between YIMBY and babies support common sense: Less regulation lowers housing prices, and lower housing prices generally raise birth rates and hasten child-bearing. In a rational world, the panacea policy of housing deregulation would be a done deal.

Persons: Ben Denzer, Taylor, Wharton, homebuilders, Thomas Piketty’s, ”, Matthew Rognlie, Peter Ganong, Daniel Shoag, Anne Case, Angus Deaton Organizations: Republicans, Research, Area, Wharton, Francisco, Francisco Los Angeles New, Francisco Los Angeles New York Phoenix Denver Houston Dallas, Japan Japan France France Britain Britain, Japan Japan France France Britain Britain Canada, → Utah Nevada Arizona New, San, San Francisco New, Atlanta Houston Boston, Democrats, Republican Locations: Minnesota , Oregon, California, New York City, Houston, Dallas, Francisco Los, Francisco Los Angeles New York, Wharton, United States, Japan, France, Britain, Canada, U.S, Japan Japan France France, Japan Japan France France Britain Britain Canada Canada, Bay, Dodge, → California Nevada Florida New York Arkansas, → Utah Nevada Arizona, → Utah Nevada Arizona New York West Virginia, Washington, San Francisco, San Francisco New York Los Angeles Rochester, N.Y, Atlanta

☆ Medical debt carries less weight on credit reports. But it's still a burden for consumers
▼ + stars: | 2024-07-10 | by ( Lorie Konish | ) www.cnbc.com time to read: +4 min

Getty ImagesThe share of people with medical debt in collections that shows up in their credit reports has fallen in the past decade. Colorado had no medical debt in collections in 2023 after it banned credit bureaus from including medical debt on credit reports. The independent government agency estimates the rule would remove up to $49 billion in medical debts from credit reports. "We find that people who have medical debt end up fighting all sorts of other debt," Rae said. About $7 billion in medical debt to be canceledCertain states, cities and counties are canceling about $7 billion in medical debt through the American Rescue Plan Act, federal legislation that was enacted in 2021.

Persons: Breno Braga, Matthew Rae, We've, Rae, Probal Rashid, Lightrocket, Kamala Harris, Stefani Reynolds Organizations: Urban Institute, D.C, Consumers, Urban Institute . West, Consumer Financial, Bureau, Medicare, Washington , D.C, American, White, Eisenhower, AFP, Getty Locations: Washington, Urban Institute . West Virginia, South Carolina, Oklahoma, Louisiana, Mississippi, Colorado, Minnesota, Hawaii, Vermont, Washington ,

☆ Mississippi and West Virginia have some of the poorest Americans — and the highest home ownership rates
▼ + stars: | 2024-07-09 | by ( Samantha Delouya | ) edition.cnn.com time to read: +6 min

When comparing personal wealth data with homeownership, a curious pattern emerges: Many states with high homeownership rates have lower income levels and vice versa. According to Federal Reserve data, West Virginia’s average personal income of $52,585 per capita is the second-lowest in the US. However, despite its relatively low personal income levels, it has the highest homeownership rate of all 50 states, at 77%, according to US census data. Mississippi—the only state with a lower average personal income than West Virginia—has the third-highest homeownership rate in the country. Even West Virginia, which counts three out of every four housing units in the state as owner-occupied, isn’t insulated, Sansalone said.

Persons: Vera Sansalone, Sansalone, “, ”, ” Sansalone, West Virginia —, Mike Simonsen, Loren Elliott, Simonsen, They’re, ” Simonsen, Laurie Goodman, ” Goodman, Eric Adams, ” Adams, Stephanie Moulton, ” Moulton, “ We’ve Organizations: CNN, Federal Reserve, West Virginia, Research, Housing, Center, Urban Institute, Republicans, New York City, Harvard University’s, for Housing Studies, Ohio State University Locations: West Virginia, Mannington, Boston, Mississippi, West, ” New York , California, Massachusetts, San Francisco , California, New York City, San Francisco, Manhattan, RentCafe, Washington DC, New York, Dallas

☆ 15 U.S. states with the lowest cost of living—a single person can live there comfortably on $20 an hour
▼ + stars: | 2024-07-09 | by ( Mike Winters | ) www.cnbc.com time to read: +3 min

As a single person, you'll need an annual income of $40,000 to cover basic expenses in the cheapest U.S. states, according to a recent SmartAsset analysis. The state with the lowest costs of living is West Virginia, closely followed by Arkansas and Oklahoma, the analysis says. In contrast, the most expensive state for a single person is Massachusetts, where a single person needs $58,009 per year to cover basic costs. The difference in basic costs between states is largely due to housing, which tends to be most affordable in rural states. MIT's Living Wage calculator is based on data from various federal agencies, adjusted for inflation as of December 2023.

Organizations: MIT, Bureau of Labor Statistics, CNBC Locations: West Virginia, Arkansas, Oklahoma, West, U.S, Dakota, Kentucky, Ohio, Louisiana, Mississippi, Iowa, Mexico, Nebraska, Alabama, Missouri, Wisconsin, Massachusetts, New York, California

☆ How Biden’s 2024 choice could reshape the Senate and Supreme Court for years
▼ + stars: | 2024-07-09 | by ( Ronald Brownstein | ) edition.cnn.com time to read: +18 min

But recent history raises deep questions about whether Democratic Senate candidates can continue to levitate as far above the presidential ticket as polls now show. “A Democratic Senate majority coalition relies on having both Senators from a state such as Michigan,” said Daniel Hopkins, a University of Pennsylvania political scientist. As recently as the 1980s, it was common for voters to split their tickets in Senate races. Still, even that alignment left room for some Senate candidates to swim against this general tide. This history, by itself, doesn’t answer whether Democratic Senate candidates would have better prospects with or without Biden as their presidential nominee.

Persons: Joe Biden, Biden, Donald Trump, Republican Sen, Susan Collins of, Trump, Samuel Alito, Clarence Thomas, Sonia Sotomayor, ”, Democratic Sen, Evan Bayh, Bayh, “, —, Sen, Joe Manchin, who’s, Democratic Sens, Sherrod Brown of, Jon Tester, Montana, Bob Casey, Tammy Baldwin, Jacky Rosen, Elissa Slotkin, Ruben Gallego, Kyrsten, Martin Heinrich, Nella Domenici, Pete Domenici, Curtis Bashaw, Andy Kim, Bob Menendez, Rick Scott, Ted Cruz, Collins, Ron Johnson, Daniel Hopkins, — hasn’t, David Bergstein, ” Bergstein, ” Mike Berg, ” Lee Drutman, Drutman, Biden’s, ” Drutman, Democratic pollster, ” Jason Kander, Kander, Hillary Clinton, Clinton, Roy Blunt, doesn’t, ” Kander, ” Bayh, Republican Todd Young, it’s, Ronald Reagan’s, Barack Obama, Obama, Republican Dean Heller, Heller —, Steve Bullock, Jesse Hunt, Hunt, Hopkins Organizations: CNN, Senate, Democratic, Republican, White, GOP, West, Republicans, Biden, Democratic Sens, Democrats, Trump, University of Pennsylvania, don’t, Democratic Senatorial, “ Republicans, National Republican Senatorial, Democratic Senate, ”, White House, Indiana Senate, Democratic Gov Locations: Susan Collins of Maine, Indiana, West Virginia, Sherrod Brown of Ohio, Pennsylvania, Wisconsin, Nevada, Michigan, Arizona, New Mexico, New Jersey, Florida, Texas, North Carolina, — Maine, Florida , Iowa, Ohio, New America, Missouri, Southern, Maine, Iowa , Kansas , Kentucky, Montana , South Carolina

☆ As a young hitchhiker, he survived a ride with a serial killer. Now he’s telling his story
▼ + stars: | 2024-07-07 | by ( Faith Karimi | ) edition.cnn.com time to read: +13 min

CNN —Steve Fishman was still in his teens when he came face-to-face with a serial killer. But as Fishman would learn later, the man harbored a dark secret: His name was Robert Frederick Carr III, and he was a serial killer who preyed on young hitchhikers. Although her father died in a Florida prison in 2007, Donna continues to struggle with her family’s dark past. In an exclusive interview with CNN, Donna tearfully described an adolescence filled with bullying and jokes about having a serial killer dad. “And that’s when I started to withdraw.”Serial killer Robert Carr’s daughter, Donna, in an undated photo he'd kept with him in prison.

Persons: Steve Fishman, Fishman, Robert Frederick Carr III, hitchhikers, Carr, who’d, Fishman’s, — Carr, —, Edna Buchanan, ” Fishman, “, ”, Donna, Rhonda Holloway, he’d, ” David Simmons, Robert Carr’s, ” Donna, Donna’s, Steve Fishman “, ‘, ’ ” Fishman, I’m, ’, ‘ I’ve, She’d, Steve, Sheriff Gordon Martin, Todd Payton, James, Jesus, unwrapped Organizations: CNN, Miami, Bettmann, Norwich Locations: Boston, Norwich , Connecticut, Miami, Connecticut, Florida, Norwich, Louisiana and Mississippi, Mississippi, Louisiana , Mississippi, West Virginia, St, James Parish , Louisiana

☆ Navajo Nation: As it gets hotter, 13,000 families in this pocket of America live without electricity
▼ + stars: | 2024-07-03 | by ( Ashley Killough | Ed Lavandera | ) edition.cnn.com time to read: +10 min

But Benally – like 13,000 families in roughly a third of Navajo Nation households – is still off the electrical grid. But while private companies tapped those resources in the 20th century to help electrify areas around the Southwest, the Navajo Nation reaped few benefits. Linemen work to install power lines to bring electricity to the Navajo Nation. Today, it costs the Navajo Nation $40,000 per family, largely due to the remote, desert land. William Lee Tom Jr. screws in a lightbulb at his Navajo Nation home.

Persons: New Mexico CNN — Katherine Benally, Benally, “, ”, Bryan English, Dave Lock, Franklin Roosevelt’s, Ashley Killough, Bennett, Deenise Becenti, who’ve, Arlene Henry, Arlene Henry doesn't, Arlene Henry's, CNN “, ” Henry, Henry, ” Henry clutched, William Lee Tom Jr, He’s, Tom, it’s, Joel De La Rosa Organizations: New Mexico CNN, Navajo, Navajo Nation, Trico Electric Cooperative, ”, Canyon, Electric Cooperative Association, US Energy Department, CNN, Navajo Tribal Utility Authority, American Public Power Association, National Rural Electric Cooperative Association, Workers Locations: New Mexico, United States, American, America, Arizona, Benally’s, West Virginia, Navajo, Crystal , New Mexico, Rock , Arizona

☆ The 15 U.S. states with the highest cost of living for single people—No. 1 isn't California, New York or Hawaii
▼ + stars: | 2024-07-02 | by ( Mike Winters | ) www.cnbc.com time to read: +3 min

That figure includes estimates for how much a single-person household needs to cover housing, transportation, health care, taxes and other common expenses, as tracked by the MIT Living Wage calculator. At a median of $17,000, housing costs in the 15 most expensive states are nearly double that of the 15 least expensive states. Unsurprisingly, housing costs are higher in states with large cities, like California and New York. Unfortunately, minimum wage won't cover basic expenses in any state, even for states that far exceed the federal minimum hourly wage of $7.25. MIT's Living Wage calculator is based on data from various federal agencies, adjusted for inflation as of December 2023.

Organizations: MIT, Rhode, CNBC Locations: Massachusetts, U.S, West Virginia, Hawaii, California, York, Washington, Colorado, Jersey, Maryland, Oregon, Connecticut, Virginia, Hampshire, Arizona, Georgia, New York, Big

☆ Judge Orders Biden Administration to Resume Permits for Gas Exports
▼ + stars: | 2024-07-01 | by ( Coral Davenport | ) www.nytimes.com time to read: +1 min

A federal judge on Monday ordered the Biden administration to resume issuing permits for new liquefied natural gas export facilities after the government had paused that process in January to analyze how those exports affect climate change, the economy and national security. The decision, from the United States District Court for the Western District of Louisiana, comes in response to a lawsuit from 16 Republican state attorneys general, who argued that the pause amounted to a ban that harmed their states’ economies. Many of those states, including Louisiana, West Virginia, Oklahoma, Texas and Wyoming, produce significant amounts of natural gas. The judge, James D. Cain Jr., who was appointed by President Donald J. Trump, wrote in his decision that the states had demonstrated that they had lost jobs, royalties and taxes that would have flowed had permits for gas exports continued. Texas, for example, projected that it would lose $259.8 million in tax revenues associated with natural gas production over five years as a result of the pause of permitting.

Persons: Biden, James D, Cain Jr, Donald J, Trump Organizations: United States, Court, Western, Western District of, Republican Locations: Western District, Western District of Louisiana, Louisiana, West Virginia , Oklahoma , Texas, Wyoming, Texas

☆ In States That Won’t Pay for Obesity Drugs, ‘They May as Well Have Never Been Created’
▼ + stars: | 2024-06-25 | by ( Oliver Whang | ) www.nytimes.com time to read: +1 min

Joanna Bailey, a family physician and obesity specialist, doesn’t want to tell her patients that they can’t take Wegovy, but she has gotten used to it. Around a quarter of the people she sees in her small clinic in Wyoming County would benefit from the weight-loss medications known as GLP-1s, which also include Ozempic, Zepbound and Mounjaro, she says. The drugs have helped some of them lose 15 to 20 percent of their weight. But most people in the area she serves don’t have insurance that covers the cost, and virtually no one can afford sticker prices of $1,000 to $1,400 a month. “Even my richest patients can’t afford it,” Dr. Bailey said.

Persons: Joanna Bailey, ” Dr, Bailey Organizations: West Virginia —, West Virginia’s Public Employees Insurance Agency Locations: Wyoming, West Virginia

☆ Supreme Court to weigh state restrictions on gender-affirming care for youths
▼ + stars: | 2024-06-24 | by ( Lawrence Hurley | ) www.cnbc.com time to read: +4 min

A view of the U.S. Supreme Court building in Washington, U.S., June 17, 2024. WASHINGTON — The Supreme Court on Monday waded into the contentious debate over gender-affirming care for transgender minors by agreeing to resolve challenges to a law in Tennessee that seeks to restrict it. The justices will review an appeals court ruling that upheld the measure. In a separate case, the court in April allowed Idaho to mostly enforce a similar law. The plaintiffs then asked the Supreme Court to step in.

Persons: WASHINGTON —, Elizabeth Prelogar, Jeffrey Sutton, Neil Gorsuch Organizations: U.S, Supreme, WASHINGTON, Movement Advancement, Biden, Circuit Locations: Washington , U.S, Tennessee, Idaho, Kentucky, Cincinnati, West Virginia

☆ AI stock frenzy resembles dot-com bubble and may explode disastrously, experts warn
▼ + stars: | 2024-06-20 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +4 min

Experts say the AI mania has shades of the dot-com and housing bubbles and could end painfully. AdvertisementExperts say the frenzy around AI stocks resembles the last two major market bubbles — and could end in disaster if investors get spooked. "This is the goofiest and likely most dangerous concentration of overvaluation I've seen in 34 years investing and throughout financial history," Bloomstran said. Some experts have compared Nvidia to Cisco, the network hardware company whose stock ballooned during the dot-com bubble before ultimately crashing. No one can predict if the AI craze will end with a devastating crash like the dot-com and housing bubbles, or usher in a new market regime led by Nvidia and its kin.

Persons: —, Nathan Burks, Adetokunbo Fadahunsi, Ann Marie Hibbert, Burks, Hibbert, Chris Bloomstran, Semper Augustus, I've, Bloomstran, John Chambers, Robert Galbraith, it's Organizations: Service, George Mason University, Big Tech, Nvidia, Microsoft, Cisco, REUTERS, Wall Street Journal Locations: West Virginia

☆ Immigration Is a Matter of Life or Death. Mine Included. - The New York Times
▼ + stars: | 2024-06-19 | by ( Glenn Kramon | ) www.nytimes.com time to read: +1 min

Without that legislation, the surgeon who operated on me probably wouldn’t be here. Nor many workers at the company that makes these robots or those at a different company that designed the chips that enable the robot. As my ordeal with cancer shows, immigration has become critical to our health. Immigrants account for more than a quarter of physicians, surgeons and personal care aides and about a fifth of nursing assistants. I’m not sure we realize that immigrants help keep us alive: Just look at West Virginia, a state hostile to immigration where aging residents have died before getting off the wait list for home health aides.

Persons: Lyndon Johnson, I’m Locations: West Virginia

☆ Senate GOP blocks effort by Democrats to pass bump stock ban after Supreme Court ruling
▼ + stars: | 2024-06-18 | by ( Clare Foran | Ted | ) edition.cnn.com time to read: +3 min

CNN —Senate Republicans on Tuesday blocked an attempt by Democrats to pass a bill to ban bump stocks in the wake of a recent Supreme Court ruling. The bill would enact a federal ban on the sale of bump stock devices. Bump stocks allow a shooter to convert a semi-automatic rifle into a weapon that can fire at a rate of hundreds of rounds a minute. The Supreme Court on Friday struck down a federal ban on bump stocks approved by former President Donald Trump, the latest opinion from the conservative court rolling back firearm regulations. While some Republicans support a ban on bump stocks, the issue has divided GOP senators in the aftermath of the high court ruling.

Persons: Donald Trump, Democratic Sen, Martin Heinrich of, Republican Sen, Pete Ricketts, ”, there’s, ” Heinrich, Chuck Schumer, ” Schumer, Ricketts, “ It’s, “, Sen, Lindsey Graham of, John Cornyn of, “ I’ve, I’d, ” Sen, Shelley Moore Capito, Chris Murphy, Connecticut, Murphy Organizations: CNN, Democratic, Republican, Nebraska, GOP, Republicans Locations: Martin Heinrich of New Mexico, Lindsey Graham of South Carolina, John Cornyn of Texas, West Virginia

☆ Want to live on the coast? Be prepared to pay more in monthly bills.
▼ + stars: | 2024-06-16 | by ( Cork Gaines | ) www.businessinsider.com time to read: +2 min

Living in a coastal state could result in higher monthly bills. Hawai'i, California, and Massachusetts are the most expensive states based on online bill-paying service Doxo's cost of bills index. Hawai'i came in as the most expensive state, with the average household spending $3,091 monthly on the 10 essential bills, 45% above the US average. Meanwhile, West Virginia is the cheapest state to live in, with residents spending $1,596 monthly on bills, 25% below average. Here are the 10 states with the most expensive essential monthly bills and the 10 with the cheapest.

Persons: — Organizations: Service, Hawai'i, Census Bureau Locations: Hawai'i , California, Massachusetts, West Virginia

☆ The salary a single person needs to make ends meet in every U.S. state
▼ + stars: | 2024-06-15 | by ( Mike Winters | ) www.cnbc.com time to read: +2 min

However, the amount of money you need to make ends meet can vary significantly depending on where you live. That is largely due to housing prices and taxes, which vary the most out of the basic expenses examined. To cover basic expenses, minimum wage workers are often reliant on tips, or are forced to cut costs in other ways. Even in states where the minimum wage is higher than $7.25, it is often still not commensurate with the estimated living wage. Here is a look at the minimum income a single person needs to get by in every U.S. state.

Persons: That's Organizations: MIT Locations: Massachusetts, California, Hawaii, York, Washington, West Virginia

☆ Jerry West, NBA legend, dies at age 86
▼ + stars: | 2024-06-12 | by ( David K. Li | ) www.cnbc.com time to read: +4 min

"On behalf of the NBA, we send our deepest condolences to Jerry's wife, Karen, his family and his many friends in the NBA community." "Jerry West, the personification of basketball excellence and a friend to all who knew him, passed away peacefully this morning at the age of 86," according to a statement by the Clippers. NBA legend Jerry West, whose prolific playing career landed him on the league's logo and basketball savvy led to multiple championships, has died, the Los Angeles Clippers said in a statement Wednesday. Jerry West drives up the middle and scores in 1st period of Laker 127-120 win over Bullets. NBA Legend Jerry West poses for the media with the Larry O'Brien Trophy which is being delivered by Southwest Airlines' Slam Dunk One to the Finals city the day prior to Game 3 of the NBA Finals on June 9, 2008 at Los Angeles International Airport in Los Angeles, California.

Persons: Jerry West, Jerry, Silver, Jerry's, Karen, Larry O'Brien, Alan Siegel, Dick Schaap, Siegel, West, I've, Rich Eisen Organizations: LA Clippers, Clippers, Memphis Grizzlies, League, Thomas & Mack Center, NBA, Los Angeles Clippers, Laker, Bullets, West, Lakers, Naismith, Basketball Hall of Fame, University of West, Los Angeles Lakers, Southwest Airlines, Los Angeles International Airport, Showtime, NBA.com Locations: Las Vegas , Nevada, University of West Virginia, Los Angeles , California, West Virginia

Search resuls for: "West Virginia"

25 mentions found