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☆ Congress hands the crypto industry two wins and a loss before August recess
▼ + stars: | 2023-07-28 | by ( Chelsey Cox | ) www.cnbc.com time to read: +3 min

The House Financial Services Committee advanced a measure Thursday to establish a clear regulatory framework for the issuance of payment stablecoins. The bills' approvals, after a roughly 14-month debate between committee Republicans and Democrats, can be viewed as wins for the crypto industry, whose reputation on Capitol Hill was battered by the failure of crypto giant FTX last fall. Late Thursday night, the Senate passed a massive defense funding bill that included several measures from different bills the digital-assets industry has opposed. Warren also highlighted the National Defense Authorization Act rider this week by reintroducing her bill, the Digital Asset Anti-Money Laundering Act. The House crypto bills would likely garner enough support to pass in the Republican-controlled House, but struggle to gain traction in the Democratic-controlled Senate

Persons: Elizabeth Warren, Patrick McHenry, Jim Himes, Josh Gottheimer, Crypto, Sen, Warren, Democratic Sen, Joe Manchin, Roger Marshall of, Lindsey Graham of Organizations: Banking, Housing, Urban Affairs Committee, WASHINGTON — Lawmakers, Capitol, Financial Services Committee, Financial Services, Connecticut, Republicans, Democrats, Treasury Department, Treasury, Defense, Money, Democratic, Senate, Republican Locations: Massachusetts, Washington , DC, R, New Jersey, crypto's, Roger Marshall of Kansas, Lindsey Graham of South Carolina

☆ Today's Fed meeting will underscore data dependency, says former Kansas City Fed president
▼ + stars: | 2023-07-26 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailToday's Fed meeting will underscore data dependency, says former Kansas City Fed presidentThomas Hoenig, former president of the Federal Reserve Bank of Kansas City, joins 'Squawk on the Street' to discuss bank loans under pressure due to higher interest rates, the economic impact of enormous fiscal stimulus, and the Fed's upcoming Basel III Endgame Proposal meeting.

Persons: Thomas Hoenig Organizations: Kansas City Fed, Federal Reserve Bank of Kansas Locations: Kansas, Federal Reserve Bank of Kansas City, Basel

☆ Kansas Troopers ‘Waged War on Motorists,’ Federal Judge Finds
▼ + stars: | 2023-07-21 | by ( Mitch Smith | More About Mitch Smith | ) www.nytimes.com time to read: +1 min

They called it the “Kansas two-step.”When a mundane traffic stop was nearing its end, a state trooper would turn to leave. Perhaps the driver would say something the trooper deemed suspicious, or perhaps the driver would just agree to a search. But that two-step, which troopers used often against out-of-state drivers, was part of a “war on motorists” waged by the Kansas Highway Patrol in violation of the Fourth Amendment, a federal judge said in a blistering opinion on Friday. “The war is basically a question of numbers: stop enough cars and you’re bound to discover drugs,” wrote Senior Judge Kathryn H. Vratil of the Federal District Court. Marijuana is illegal in Kansas.

Persons: “, ”, Kathryn H, Vratil, George H.W, George H.W . Bush Organizations: Kansas, Patrol, Federal, Court, Marijuana Locations: Kansas, George H.W ., Colorado and Missouri

☆ How the Internet Made Flying, Flight Delays, Hidden Airline Fees Worse
▼ + stars: | 2023-07-03 | by ( Gad Allon | ) www.businessinsider.com time to read: +12 min

Comparing airline prices, fees, and schedules on your own has become standard procedure. And they've introduced a complex system of additional fees, often hidden, for services that used to be included in the ticket price. In order to give that flight the appearance of being on-time, the airline might list the flight duration as three hours. This practice allows airlines to improve their on-time performance and reduce the risk of delays while ultimately boosting cost efficiency. Since everyone became their own travel agent and airlines began fiercely competing over price and on-time performance, airlines have shifted their focus.

Persons: They've, Itai, Eugene Orlov, it's, Orlov, Vinayak Deshpande, Mazhar Arıkan, Jan, Van Mieghem, Yuval Salant, Dennis J, Zhang, Louis, Gad Allon, Jerome Fisher Organizations: Google, Airline Industry, Tel Aviv University, Spirit Airlines, Ryanair, University of North, University of Kansas, Northwestern University, Washington University, Jerome Fisher Program, Management, Technology, Wharton School, University of Pennsylvania Locations: Ater, US, Ireland, University of North Carolina, St

Harvard Admit rate: 4% 10k students Duke University Admit rate: 6% 7k students Amherst College Admit rate: 9% 2k students Carnegie Mellon University Admit rate: 14% 7k students University of California, Berkeley Admit rate: 14% 30k students Boston University Admit rate: 19% 20k students University of North Carolina, Chapel Hill Admit rate: 20% 20k students University of Texas, Austin Admit rate: 29% 40k students University of Florida Admit rate: 30% 30k students Bucknell University Admit rate: 35% 4k students San Diego State University Admit rate: 38% 30k students Binghamton University Admit rate: 44% 10k students University of California, Davis Admit rate: 49% 30k students Clemson University Admit rate: 49% 20k students Stevens Institute of Technology Admit rate: 53% 4k students University of Washington, Seattle Campus Admit rate: 54% 40k students Brigham Young University Admit rate: 59% 30k students CUNY Queens College Admit rate: 61% 20k students Texas A & M University, College Station Admit rate: 64% 60k students University of Pittsburgh Admit rate: 67% 20k students Texas Tech University Admit rate: 68% 30k students Ball State University Admit rate: 68% 10k students Rutgers University, New Brunswick Admit rate: 68% 40k students Purdue University Admit rate: 69% 40k students Louisiana State University Admit rate: 71% 30k students University of Delaware Admit rate: 72% 20k students University of Central Missouri Admit rate: 76% 8k students Mississippi State University Admit rate: 76% 20k students University of Wisconsin, Eau Claire Admit rate: 78% 10k students University of Alabama Admit rate: 79% 30k students University of North Carolina, Charlotte Admit rate: 79% 20k students University of Colorado Boulder Admit rate: 80% 30k students Drexel University Admit rate: 83% 10k students University of Arkansas Admit rate: 83% 20k students University of Cincinnati Admit rate: 85% 30k students University of Texas, Dallas Admit rate: 87% 20k students Suffolk University Admit rate: 88% 4k students Arizona State University Admit rate: 88% 60k students West Chester University of Pennsylvania Admit rate: 89% 10k students Grand Valley State University Admit rate: 92% 20k students University of Kansas Admit rate: 93% 20k students Utah State University Admit rate: 93% 20k students California State University, Sacramento Admit rate: 94% 30k students University of Utah Admit rate: 95% 30k students Kansas State University Admit rate: > 95% 20k students University of Wyoming Admit rate: > 95% 9k students 90% admission rate 80% admission rate 70% admission rate 60% admission rate 50% admission rate 40% admission rate 30% admission rate 20% admission rate 10% admission rate These are America’s major four-year colleges, arranged by their admission rates. Just 6 percent of all college students attend a school with an acceptance rate of 25 percent or less. 56 percent of these college students go to a school that admits at least three-quarters of its applicants. These statistics reveal a simple fact about affirmative action in higher education: It mattered very little for the majority of American college students. But because affirmative action only opened a tiny window of access to America’s most elite institutions, the ruling will make little difference for most college students.

Persons: Richard Arum, Mitchell, Stevens, Quoctrung Bui Mr, Arum, Davis, It’s, Lyndon B Organizations: University of California, Stanford Graduate School of Education, Harvard, Duke University, Amherst College, Carnegie Mellon University, Boston University, University of North, University of Texas, University of Florida, Bucknell University, San Diego State University, Binghamton University, Clemson University, Stevens Institute of Technology, University of Washington, Brigham Young University, CUNY Queens College, Texas, M University, College, University of Pittsburgh, Texas Tech University, Ball State University, Rutgers University, Rutgers University , New, Purdue University, Louisiana State University, University of Delaware, University of Central, Mississippi State University, University of Wisconsin, University of Alabama, University of Colorado Boulder, Drexel University, University of Arkansas, University of Cincinnati, Suffolk University, Arizona State University, West Chester University of Pennsylvania, Valley State University, University of Kansas, Utah State University, California State University, University of Utah, Kansas State University, University of Wyoming, Stanford, Black White, White Black, U.S . Department of Education, Pomona, San, California State University , Los, of California Locations: Irvine, Berkeley, University of North Carolina, Austin, Seattle, Rutgers University ,, Rutgers University , New Brunswick, University of Central Missouri, Eau Claire, Charlotte, Dallas, Sacramento, Cambridge, Palo Alto, America, California, San Francisco State, California State University , Los Angeles

☆ Retail crime has hit a bustling Kansas metropolis
▼ + stars: | 2023-07-02 | by ( Parija Kavilanz | ) edition.cnn.com time to read: +12 min

Republican Kris Kobach, Kansas’ attorney general, said retail crime is a “spiraling problem” in his state, adding that Kansas and Missouri are among the top 10 states in the nation for volume of retail crime. “There is a link between drug trafficking and organized retail crime,” Kobach told lawmakers in June. “Organized retail crime is a problem that is getting worse, not better. Organized retail crime offers criminals a business model of pure profit, “with no overhead, rent, product cost. In early June, Kobach testified before a House Judiciary Committee hearing on “Organized Retail Crime and the Threat to Public Safety.”“When one thinks about the explosion of organized retail crime in the United States, the State of Kansas may not intuitively jump to mind,” he told lawmakers.

Persons: They’re, it’s, Coleman, “ I’ve, ”, Casey Slaughter, Kris Kobach, Kobach, ” Kobach, Joe Sullivan, Sullivan, ” Sullivan, Joe Sohm, Cabela’s, shoplifters, ” Cabela’s, Slaughter, “, Marc Bennett, There’s, Harold Casey, Casey, She’s, Poor, John Hanna, don’t, “ That’s Organizations: New, New York CNN, Wichita Police, Kansas, CNN, “, Wichita, Wichita Skyline, America, Sporting Goods, Academy Sports, National Retail Federation, Centers for Disease Control, of Kansas, Scott, Family Services, ”, Walgreens, Public Safety Locations: New York, San Francisco, Chicago, Wichita , Kansas, Kris Kobach , Kansas, Kansas, Missouri, In Kansas, Sedgwick, Wichita, Arkansas Rivers, , Kansas, ”, Kansas . Kansas, Sedgwick County, Ulta, United States, State, But Kansas, “ In Kansas

☆ US flight delays: Severe storms snarl airlines' schedules
▼ + stars: | 2023-06-27 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +4 min

United Airlines was once again faring the worst of the American domestic airlines. Republic Airways, which operates short-haul flights for American Airlines, Delta and United, had 17% of its schedule canceled (153 flights) but few delays. More than 40 million people in the Northeast and Central Plains are at risk of severe storms on Tuesday. United CEO blames FAA staffing for “unprecedented” weekend delaysTuesday’s travel troubles are the fourth day in the row of delays and cancellations. The airline canceled 461 flights this past Saturday and Sunday and delayed another 1,972 flights, according to data from flight tracking site FlightAware.

Persons: that’s, John F, Kennedy, Boston’s Logan, ”, “, Scott Kirby, Kirby, ” Kirby, Department of Transportation “, it’s Organizations: New, New York CNN, United Airlines, Republic Airways, American Airlines, Jersey’s Newark Liberty, Storm Prediction, United, Federal Aviation Administration, CNN, FAA, Newark Liberty International Airport, Department of Transportation Locations: New York, United States, Delta, United, LaGuardia, Northeast, Central Plains, Philadelphia, Washington, DC, Kansas, Oklahoma, Wichita, Tulsa, New York , Delaware, Pennsylvania

CNN —Over 80 million people from the Midwest to the East Coast are under air quality alerts as smoke from the Canadian wildfires sweep across the US border Tuesday, prompting beach closures, warnings about reduced visibility and calls to stay indoors. Chicago and Detroit had the worst air quality in the world Tuesday night. Detroit’s air at one point reached a “very unhealthy”Air Quality Index of 203, before dropping below 200 to the “unhealthy” level, according to IQAir. Chicago registered an Air Quality Index of 175 late Tuesday. “The most protective option when air is unhealthy for you is to stay indoors with air conditioning, reduce strenuous activities and limit outdoor activities.

Persons: Copernicus, –, “, Kathy Hochul Organizations: CNN, Canadian Interagency Forest Fire Centre, National Weather Service, . Chicago, Chicago Public Schools, Facebook, Drivers, Mackinac Bridge Authority, Michigan Department of Health, Human Services, Indianapolis, ., New, ”, New York State, Coordinating Agency, Centers for Disease Control Locations: Midwest, East, Canada, Iowa , Wisconsin , Illinois , Indiana , Michigan, Delaware, Maryland, Kansas , Missouri, Minnesota , Ohio, Pennsylvania, New York, Virginia, Chicago, Detroit, IQAir, Evanston , Illinois, Michigan, Mackinac, . New York, New York City, New, ” In Ohio, NY, Cleveland, Ohio

☆ Don't say anti-gay: As GOP approval for same-sex relationships plummets, Republican senators insist they're only coming after trans rights, not gay rights
▼ + stars: | 2023-06-26 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +8 min

GOP senators insist they don't hear about it from their voters — and that trans issues are different. "You mentioned that eight years ago, the Obergefell decision created a constitutional right to same-sex marriage," said Graham. Since the 2015 Obergefell v. Hodges Supreme Court decision, same-sex marriage has largely faded as an issue targeted by Republicans, at least at the national level. "To be honest, I don't hear a lot about that issue," Sen. Josh Hawley of Missouri, one of the more eager Republican culture warriors, said of same-sex marriage. Still, support for the legality of same-sex marriage remains broadly popular — it's not the potent wedge issue it once was, such as during the 2004 presidential campaign when President George W. Bush campaigned on a constitutional amendment to ban same-sex marriage.

Persons: —, Sen, Lindsey Graham of, Graham, Hodges, Josh Hawley, Hawley, George W, Bush, Cynthia Lummis, Ron DeSantis, Lummis, Drew Angerer, Thom Tillis, Republican Sen, you've, JD Vance, Ohio, Vance, it's, Anita Bryant's, Biden, Dr, Roger Marshall, Roger Marshall of, Marshall, I've Organizations: Pride, Service, Republican, Republicans, Gallup, Gov, Getty, Rights, House Locations: Lindsey Graham of South Carolina, Josh Hawley of Missouri, Wyoming, Florida, North Carolina, United States, statehouses, Roger Marshall of Kansas, Kansas

☆ Basketball star Gradey Dick dazzles in ‘Wizard of Oz’ themed suit at NBA draft
▼ + stars: | 2023-06-23 | by ( Ben Church | ) edition.cnn.com time to read: +3 min

The former Kansas Jayhawks guard-forward was chosen as the No.13 pick by the Toronto Raptors but it was his choice of outfit that stole the headlines. In addition to the ruby suit, Dick also wore shoes with red soles and a silver chain. “I’m from Kansas,” Dick said ahead of the NBA draft ceremony. Dick was chosen as the 13th pick by the Toronto Raptors on Thursday. His popularity is only set to soar and he’s already been noticed by celebrity A-listers, with Canadian rapper and Toronto Raptors fan Drake following him on Instagram.

Persons: Gradey Dick didn’t, ‘, Oz, Dick, I’m, ” Dick, “ You’ve, Dorothy, Dorothy Gale, Judy Garland, Toto, Auntie, Uncle Henry, “ I’m, ”, Carmen, Sarah Stier, TikTok, Drake, “ Organizations: CNN, NBA, Barclays Center, Brooklyn Nets, Kansas Jayhawks, Toronto Raptors, “, Iowa State, Jayhawks, University, Kansas, Raptors Locations: New York, Kansas, Wichita , Kansas

The sexism that has prevented girls from competing in sports has also prevented women from becoming youth coaches. In March, Nike launched Coaching HER in a partnership with the University of Minnesota's Tucker Center for Research on Girls & Women in Sport. Fry co-founded the Strong Girls program at the University of Kansas, where young girls are assigned a female college student as their mentor. She says this approach isn't only benefit to girls, but extends to youth athletes of all genders, and female coaches as well. Nike's 20,000 female coach goal Nike is one of the few major companies directly addressing this issue.

Persons: John Donahoe, Mary Fry, Jen Welter, it's, Welter, Vanessa Garcia, Brito, Billie Jean King, Fry, Alison Oliver, … it'd, Kate Mcshane, Christina Collins, Collins, Bob Iger, Florida Governor Ron DeSantis, Donahoe, It's Organizations: Portland Press Herald, Nike, University of Kansas, Aspen Institute's, Olympic, University of Minnesota's, Center for Research, Girls, Sport, Aspen Institute, Tucker Center, Sports Foundation, Youth Sport, Women's Sports Foundation, Getty, Manhattanville College, Target, Disney, Bank of America, CNBC, Summit, Florida Governor Locations: Aspen, London, Hackney, Westchester County, Santa Barbara , California

☆ Why the Fed paused its rate hikes: It’s tired of playing a giant guessing game
▼ + stars: | 2023-06-16 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +7 min

Following the policy announcement, Fed Chair Jerome Powell noted that rate hikes typically filter through the economy with “uncertain lags.” In other words, the Fed has been playing an (educated) guessing game, taking action before it understands the results. What’s happening: As much as Federal Reserve officials wish they could, they can’t just wave a wand and lower inflation rates. Here’s how the system works: First, the Fed raises interest rates for overnight loans between financial institutions. Less demand for goods reduces incentives to raise prices and inflation rates will fall. That means they’re able to draw their own conclusions about the trajectory of inflation rates.

Persons: Jerome Powell, ”, Jack McIntyre, McIntyre, ” Powell, Powell, Yung, Yu Ma, Ma, Biden, Joe Biden, Sam Fossum, you’re, ” Biden, Lael Brainard, Greg Wallace, Sen, John Thune of, Republican Sen, Jerry Moran Organizations: New, New York CNN, Federal Reserve, Brandywine Global, BMO Wealth Management, Ticketmaster, “, Economic, Federal Aviation Administration, FAA, Republican Locations: New York, “, John Thune of South Dakota, Kansas

☆ Lawmakers wrangle over measures to address pilot shortage
▼ + stars: | 2023-06-15 | by ( Greg Wallace | ) edition.cnn.com time to read: +4 min

CNN —A series of controversial proposals to address the airline pilot shortage is complicating Congress’ consideration of a new slate of Federal Aviation Administration policies with one senator warning fellow lawmakers there will be blood on their hands if reduced pilot training causes a fatal accident. The measures presented by lawmakers include raising the pilot retirement age, allowing more training to occur in a flight simulator rather than aircraft cockpit, and fast-tracking training programs. The measures are hotly contested and are aimed at addressing a shortage in airline pilots that was exacerbated by the pandemic. The Illinois Democrat scolded those who feel simulator training will be equivalent and said she didn’t believe reducing training hours would solve the shortage. On the House side, the House Transportation Committee narrowly approved an amendment that would raise the mandatory pilot retirement age by two years to 67.

Persons: Sen, John Thune of, Republican Sen, Jerry Moran, ”, “, Jason Ambrosi, Tammy Duckworth, Troy Nehls, ” Nehls, You’re, Rick Larsen, Nehls Organizations: CNN, Federal Aviation Administration, FAA, Republican, Senate, Air Line Pilots Association union, Illinois Democrat, Transportation, Texas Republican, AARP, Regional Airline Association, United, ” Locations: John Thune of South Dakota, Kansas, Iraq, Illinois, Texas, American, Delta

The Federal Reserve enacts monetary policies to stabilize prices and maximize employment in the U.S. economy. These dueling goals are known as the dual mandate. For example, if prices are too hot, the Fed may vote to raise interest rates to influence a decrease in borrowing. Other experts argue that the dual mandate remains key to keeping the U.S. economy safe and stable. Watch this video to see how the Fed tries to strike a near-impossible balance to promote both parts of the dual mandate.

Persons: Danielle DiMartino Booth, Thomas Hoenig, David Wessel Organizations: QI Research, CNBC, International Monetary Fund, Federal Reserve Bank of Kansas City, Hutchins, Brookings Institution Locations: U.S

☆ MLB roundup: Andrew McCutchen gets 2,000th, Pirates win
▼ + stars: | 2023-06-12 | by ( ) www.reuters.com time to read: +13 min

Pittsburgh starter Mitch Keller (8-2) pitched seven innings, allowing one run and a season-low two hits, with seven strikeouts and two walks. Washington starter Trevor Williams (3-4) worked five innings and allowed two runs on seven hits, one walk and six strikeouts. Toronto right-hander Kevin Gausman allowed six runs, seven hits and four walks in 4 2/3 innings before the bullpen locked down the victory. Ian Gibaut (6-1) recorded five outs to earn the victory and Alexis Diaz pitched the ninth inning to earn his 15th save. The Giants erupted for 15 hits, seven for extra bases, and their fourth-most runs of the year to salvage one win in the three-game set.

Persons: Andrew McCutchen, Charles, Read, Marcano, Jack Suwinski, Mitch Keller, David Bednar, Jeff McNeil, Carlos Carrasco, Jorge Soler, Bryan De La Cruz, Luis Robert Jr, Soler, Garrett Cooper, Bryan Hoeing, Puk, Kendall Graveman, Seth Brown, Brent Rooker, Esteury Ruiz, JP Sears, Trevor May, Sam Long, Abraham Toro, Blake Perkins, Nolan Jones, Coco Montes, Ezequiel Tovar, Ryan McMahon, Jake Cronenworth, Fernando Tatis Jr, Blake Snell, McMahon, Tom Cosgrove, Brent, Jones, Enrique Hernandez, Kenley Jansen, Hernandez, Ron Marinaccio, Adam Duvall, Justin Turner, Triston Casas, Chris Martin, DJ LeMahieu, Anthony Volpe, Zach Neto, Shohei Ohtani, Matt Thaiss, Taylor Ward, Logan Gilbert, Griffin Canning, Teoscar Hernandez, Mike Ford, Gilbert, Corbin Carroll, Christian Walker, Kevin Ginkel, Scott McGough, Zach McKinstry, Arizona's Emmanuel Rivera, Jason Foley, Ketel Marte, Carroll, Rivera, Lourdes Gurriel Jr, flied, Walker, Marte, Kerry Carpenter, Geraldo Perdomo, Shane Bieber, Andres Gimenez, Josh Bell, Bieber, Bell, Brandon Bielak, Gimenez, Candelario, Dominic Smith, Washington, Matt Olson's, Atlanta's Bryce Elder, Elder, Trevor Williams, Nick Castellanos, Bryson Stott, Trea Turner, Bryce Harper, Taijuan Walker, Freddie Freeman, Jason Heyward, Caleb Ferguson, Gunnar Henderson, Ramon Urias, Ryan O'Hearn, Kyle Gibson, Salvador Perez, Mike Mayers, Carlos Hernandez, Franco, Shane McClanahan, Harold Ramirez, Robbie Grossman, Marcus Semien, Corey Seager, McClanahan, Matt Chapman, Kevin Gausman, Louie Varland, Donovan Solano, Alex Kirilloff, Trevor Larnach, Royce Lewis, Elly De La Cruz, Louis, De La Cruz, Ian Gibaut, Alexis Diaz, Adam Wainwright, Jordan Hicks, Nolan Arenado, Joc Pederson, Thairo Estrada, Brandon Crawford, shellacking, Pederson, Estrada, Blake Sabol, Michael Conforto, Nico Hoerner, Crawford Organizations: Pittsburgh Pirates, New York Mets, PNC, Pirates, National League Central, Pittsburgh, Mets, Marlins, White Sox, Miami, Chicago, The White Sox, Athletics, Brewers, Oakland, Milwaukee, Rockies, Padres, Colorado, San Diego, San, The Rockies, Brent Honeywell, Red Sox, Yankees, Boston, Triston, Mariners, Angeles, Seattle, Angels, Diamondbacks, Tigers, Detroit, Astros, Cleveland, Houston, Guardians, Nationals, Braves, Washington, Atlanta, House, Phillies, Dodgers, Philadelphia, Los, Orioles, Royals, Baltimore, Kansas City, Rays, Rangers, Tampa Bay, Texas, Blue Jays, Twins, Cavan Biggio, Toronto, Minnesota, Reds, Cardinals, Cincinnati, St, Giants, Cubs, The Giants, Thomson Locations: Pittsburgh , Pennsylvania, USA, Milwaukee, San, Denver, Colorado, San Diego, New York, Bronx, Boston, Anaheim , Calif, Arizona, Walker, Washington, Los Angeles, St . Petersburg, Fla, Texas, Toronto, San Francisco, Chicago, California

☆ Tornado alley is widening, putting millions more people and properties at risk
▼ + stars: | 2023-06-12 | by ( Diana Olick | In Dianaolick | ) www.cnbc.com time to read: +4 min

Much of that is because the season is starting earlier, and tornado alley is expanding due to a warmer climate. Tornadoes need four ingredients to form, explained Ashley: moisture, instability (which provides the energy necessary for the storms), wind shear and lift. When a powerful F-4 tornado plowed through Rolling Fork, Mississippi, in March, residents were largely unprepared. The only one that I can remember is 1971, and the tornado bypassed Rolling Fork. That's precisely why the widening of tornado alley is fast becoming a new focus for insurers.

Persons: Walker Scott Ashley, Ashley, Eldridge Walker, Walker, That's, John Dickson, Dickson, Eric Andersen, Aon Organizations: Climate Central, Northern Illinois University, Tornadoes, Global, U.S ., Farm, Allstate Locations: U.S, Northeast Texas, Oklahoma, Arkansas, Fork , Mississippi, Rolling, Kansas, Mississippi, Aon, California

The Kansas wheat tour and its findings always prompt these questions: How does the tour yield compare with USDA’s May forecast? Since 2005 and including 2023, USDA’s May estimate for Kansas winter wheat yield was lower than the tour yield in all but three years: 2010, 2018 and 2019. USDA's May Kansas wheat yield vs tour yieldBefore 2021, the tour was always held before USDA’s May report, but it now takes place after. Compared with final Kansas winter wheat yields, the tour yields have been streaky. Kansas winter wheat yield: tour versus finalFinal Kansas wheat yield has come in higher than USDA’s May forecast in 11 of the last 15 years.

☆ Earth-size exoplanet may be covered in volcanoes
▼ + stars: | 2023-05-17 | by ( Ashley Strickland | ) edition.cnn.com time to read: +6 min

Instead, the exoplanet, called LP 791-18 d, is likely covered in volcanoes and may experience eruptions with the same frequency as Jupiter’s moon Io, the most volcanically active place in our solar system, according to researchers. LP 791-18 d is located about 90 light-years from Earth in the Crater constellation, where it orbits a small red dwarf star. And astronomers believe the massive planet LP 971-18 c might be contributing to the newly detected exoplanet’s possible volcanism. As the two objects orbit their star, LP 971-18 c and the newfound exoplanet LP 791-18 d closely pass each other, allowing the gravitational pull of the larger planet LP 971-18 c to tug on planet d and reshape its orbit. The discovery of LP 971-18 d points to the importance of data collected by space telescopes.

☆ Earth-sized alien planet gripped by widespread volcanism
▼ + stars: | 2023-05-17 | by ( Will Dunham | ) www.reuters.com time to read: +4 min

In our solar system, Earth and Venus are volcanically active, as are some of Jupiter's moons. Planets beyond our solar system are called exoplanets. Here, water from the nightside glacier can melt and possibly form liquid surface water. In addition, there is likely volcanism all around the planet, even under the ice on the nightside and possibly under the water near the terminator," Benneke said. The planet is located in the Milky Way about 86 light-years away from our solar system in the direction of the constellation Crater.

☆ Electric Vans, Delayed by Production Problems, Find Eager Buyers
▼ + stars: | 2023-05-16 | by ( Neal E. Boudette | ) www.nytimes.com time to read: +1 min

A few minutes of number crunching showed he was spending about $110 to $140 a week on fuel for each of the four older, diesel Transits in his fleet. Then he worked out how much electricity he was using to charge the electric model to drive the same distance — about 300 miles a week. It makes it really, really cheap to operate.”In the auto industry’s transition to electric vehicles, passenger vehicles have led the way. Tesla remains the largest seller by far, while General Motors, Ford Motor, Hyundai, Volkswagen and others are selling multiple electric models. sales total in the U.S. market to top one million this year for the first time.

But 29% of U.S. corn areas and 21% of soybean areas are in a drought versus 21% and 12% a year ago, respectively. Some 48% of winter wheat areas are experiencing drought versus 68% a year ago, but 16% of it is currently under exceptional drought versus just 3% a year ago. That is despite decent conditions in soft red wheat states in the east. The Drought Monitor shows 64% of Kansas in extreme or worse drought this week, topped only by a stretch from July 2012 to March 2013 in records back to 2000. The latest Drought Monitor stats in the top corn state are almost identical to the same point in 2021, leading into Iowa’s record corn-yielding season.

☆ Joel Embiid's 'improbable' journey from newcomer to NBA MVP
▼ + stars: | 2023-05-09 | by ( Thomas Schlachter | ) edition.cnn.com time to read: +11 min

“He’s the biggest film nerd there is in the NBA,” Hanlen laughs. The ultimate scorerDespite his ‘Joel Troel’ alter-ego, Embiid’s approach to the game shows he is everything but a joker who fools around. Speaking after being named MVP, Embiid said: “I’d say the biggest key of it is, obviously, I’m all about family. Arthur is named after Embiid’s late brother who passed away shortly after the 2014 NBA Draft. But improbable doesn’t mean impossible.”Hanlen then summed up Embiid’s overall approach by saying: “I would just say he’s obsessed with greatness.

☆ ‘Over Our Dead Bodies’: Backlash Builds Against $3 Trillion Clean-Energy Push
▼ + stars: | 2023-05-08 | by ( Jennifer Hiller | Photographs Dominick Williams For The Wall Street Journal | ) www.wsj.com time to read: 1 min

LAWRENCE, Kan.—The federal government has ignited a green-energy investment spree that’s expected to reach as high as $3 trillion over the next decade. The road to spending that money, though, is increasingly hitting speed bumps from the likes of Gerry Coffman. About an hour southwest of Kansas City, she turned down a wind lease last year on a farm that has been in her family since 1866. Someone knocked on her door a few months later, paperwork in hand, and offered $6,000 to hang a wind-power transmission line across her land. If she agreed to store construction equipment, she stood to make an additional $4,000.

☆ ‘Over My Dead Body’: Backlash Builds Against $3 Trillion Clean-Energy Push
▼ + stars: | 2023-05-08 | by ( Jennifer Hiller | Photographs Dominick Williams For The Wall Street Journal | ) www.wsj.com time to read: 1 min

☆ MLB roundup: Down 6, Rays stun Gerrit Cole, Yanks
▼ + stars: | 2023-05-08 | by ( ) www.reuters.com time to read: +12 min

Cole gave up six runs (five earned) and eight hits, striking out six and walking two in his five-plus innings. The winning pitcher was Michael Tonkin (3-1), who did not allow a hit over two scoreless innings. Lourdes Gurriel Jr. homered twice, scored four runs and had four RBIs and Christian Walker also homered for Arizona, which had its win streak snapped at three. Pittsburgh starter Roansy Contreras (3-3) allowed five runs and nine hits in five innings, with four strikeouts and three walks. Yarbrough allowed one run on three hits over 5 2/3 innings, his longest start since July last year with the Tampa Bay Rays.

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