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☆ Hope Global Forums rallies business leaders for financial literacy, ‘so that everyone learns the language of money’
▼ + stars: | 2022-12-26 | by ( Frank Holland | In | ) www.cnbc.com time to read: +4 min

"Our goal is that by the time your kids grow up, financial literacy is in school — kindergarten through college — as a requirement so that everyone learns the language of money." To that end, Operation Hope in 2021 launched Financial Literacy for All, a joint initiative with businesses such as Walmart, Bank of America, Disney and many others. Ambassador Andrew Young were among the business leaders joining Bryant on stage at the Hope Global Forums in Atlanta to talk about silver rights and the power of financial literacy. "John Hope Bryant and I have come together to form Financial Literacy for All to take on financial education. Operation Hope is focused on wealth inequality in the Black community and communities of color, and narrowing that gap.

☆ A 24-year-old barber moved to Atlanta a month ago and has already seen 'doors open,' showing why real-estate gurus say it's a top place to watch in 2023
▼ + stars: | 2022-12-25 | by ( Kelsey Neubauer | ) www.businessinsider.com time to read: +6 min

The National Association of Realtors named Atlanta the city to watch in 2023. While the national housing market is cooling, it's still thriving in Georgia's capital. Jay Martino, a barber who moved to Atlanta from Charleston, South Carolina. These factors will help Atlanta withstand the headwinds buffeting the national market, which is reeling after skyrocketing home prices and interest rates put home purchases out of reach. The trend suggests the local housing market can outperform the rest of the country in 2023, according to the National Association of Realtors.

☆ Baby, it's cold outside: Teams, fans adapt as deep freeze hits U.S.
▼ + stars: | 2022-12-24 | by ( Amy Tennery | ) www.reuters.com time to read: +2 min

[1/3] Dec 24, 2022; Cleveland, Ohio, USA; New Orleans Saints quarterback Andy Dalton (14) throws the ball against the Cleveland Browns during the first quarter at FirstEnergy Stadium. Mandatory Credit: Scott Galvin-USA TODAY SportsDec 24 (Reuters) - The National Football League (NFL) was hit by the cold that pummeled the United States on Saturday as fans bundled up to watch late-season showdowns in punishing conditions. Cities from Pennsylvania to Georgia were expected to experience their coldest-ever Christmas Eve as an arctic blast gripped much the United States, roiling travel plans during the busy holiday season. "We are exploring every possibility to minimize non-essential power around the stadium," the team said in a statement on Twitter. Reporting by Amy Tennery in New York; Editing by Ken FerrisOur Standards: The Thomson Reuters Trust Principles.

☆ Six battleground states will hold the key to the White House in 2024
▼ + stars: | 2022-12-24 | by ( John L. Dorman | ) www.businessinsider.com time to read: +12 min

AP Photo/Andrew HarnikGeorgia2012 margin: Romney +7.8%2016 margin: Trump +5.1%2020 margin: Biden +0.2%For decades, Republicans could easily depend on the Peach State's electoral votes falling into their column. Two years later, Biden won the state by roughly 12,000 votes over Trump, followed by the dual 2021 runoff victories of Sens. AP Photo/Matt RourkePennsylvania2012 margin: Obama +5.4%2016 margin: Trump +0.7%2020 margin: Biden +1.2%Biden's hometown of Scranton is dear to his heart so Pennsylvania was always going to be a key state for the party in 2024. AP Photo/Andy Manis, FileWisconsin2012 margin: Obama +6.9%2016 margin: Trump +0.8%2020 margin: Biden +0.6%Wisconsin is one of the most politically-divided states in the country. But Trump flipped Wisconsin to the GOP in 2016, the first time it had supported a Republican presidential nominee since 1984.

☆ A Georgia GOP congressman who backed Trump's election lies voted in the wrong county, but his spokesman insists it wasn't a 'devious ploy'
▼ + stars: | 2022-12-22 | by ( Rebecca Cohen | ) www.businessinsider.com time to read: +4 min

A GOP Congressman in Georgia may have broken the state's voting law by casting ballots in the wrong county. Rep. Drew Ferguson voted in the county where he used to live during the 2022 election cycle. Ferguson has been an advocate against voter fraud since the 2020 election and backed Trump's election lies. "Congressman Ferguson resolved the issue, and proceeded to vote in Troup County for the primary, general, and run-off elections." "Congressman Ferguson is currently in the process of transitioning his residency to his new home in Pike County," the spokesman added.

A blast of Arctic air will also plunge much of the country into bitter and, in some cases, dangerous cold, forecasters say. In some parts of this area, the wind chill could reach as low as minus 70 degrees, according to the Weather Service. Brief bursts of moderate to heavy snow lasting an hour or two are likely to occur immediately behind the Arctic front. Strong southerly winds, combined with the new moon-tide cycle, could also bring coastal flooding from northern New Jersey to northeast Massachusetts, the Weather Service said. Meteorologists warned local residents that this is not a normal lake effect event with a narrow band of heavy snow.

☆ Delta Air Lines to Roll Out Free Wi-Fi
▼ + stars: | 2022-12-20 | by ( Alison Sider | Andrew Tangel | ) www.wsj.com time to read: 1 min

Delta said it is in the process of testing Wi-Fi infrastructure, with ‘various offerings to select customers on select routes.’Delta Air Lines Inc. is expected to begin rolling out free wireless internet for its passengers as soon as early 2023, people familiar with the matter said. The Atlanta-based carrier is initially expected to offer free Wi-Fi on a significant portion of its airplanes before turning on the service on more of its fleet through next year, some of these people said. The move is likely to intensify competition over in-flight offerings as airlines rebound from the pandemic.

☆ Family searching for answers in 2018 disappearance of Atlanta, Texas man Eric Alvarado
▼ + stars: | 2022-12-18 | by ( Sarah Portney | ) www.nbcnews.com time to read: +8 min

Thirty-two-year-old Eric Alvarado was last seen on his home security cameras in the early morning hours of November 20, 2018, in Atlanta, Texas. Eric’s father, Lorenzo Alvarado, told Dateline that Eric’s wife, Samantha, called the police to report her husband missing about 45 minutes later. He loved doing that.”Eric and Lorenzo Alvarado Lorenzo AlvaradoEric’s older brother, Matt Alvarado, also spoke with Dateline. Captain Restelle told Dateline that no one has reported anything to the Atlanta, Texas Police Department about being threatened. If anyone has any information in regards to Eric’s disappearance, please contact the Atlanta, Texas Police Department at (903) 796-7973.

☆ Vikings complete biggest comeback in NFL history, beat Colts in overtime
▼ + stars: | 2022-12-17 | by ( ) www.reuters.com time to read: +2 min

[1/5] Dec 17, 2022; Minneapolis, Minnesota, USA; Minnesota Vikings running back Dalvin Cook (4) scores on a touchdown reception as Indianapolis Colts safety Rodney McLeod (26) and safety Julian Blackmon (32) pursue late during the fourth quarter at U.S. Bank Stadium. Mandatory Credit: Jeffrey Becker-USA TODAY SportsDec 17 (Reuters) - The Minnesota Vikings pulled off the biggest comeback in National Football League history on Saturday when they rallied from a 33-0 halftime deficit to beat the visiting Indianapolis Colts 39-36 in overtime. The previous record for the biggest comeback in NFL history was set by the Buffalo Bills in 1993 when they erased a 35-3 third quarter deficit to beat the Houston Oilers 41-38 in overtime of a wild card playoff game. The victory also handed Indianapolis quarterback Ryan the dubious distinction of having been on the losing end of both the largest comeback in Super Bowl history and NFL history. Reporting by Frank Pingue in Toronto Editing by Toby DavisOur Standards: The Thomson Reuters Trust Principles.

☆ Didn't get a big raise this year? It could come in early 2023
▼ + stars: | 2022-12-15 | by ( Jennifer Liu | ) www.cnbc.com time to read: +4 min

For workers, that means wage growth will remain strong in the first half of the year but could slow by the middle of 2023. Here's a look at where wages grew throughout the year and where they could be headed in 2023. Wage growth in 2023 will still be higher than pre-pandemic norms of around 3%, says Nela Richardson, chief economist at the payroll processor ADP. Wage growth resulting from shortages and competition does the opposite." Wage growth could stall by the end of 2023

☆ Cities across the Southeast and Texas will be the hottest places for homebuyers in 2023, the National Association of Realtors predicts
▼ + stars: | 2022-12-14 | by ( Robert Davis | ) www.businessinsider.com time to read: +4 min

Atlanta, Raleigh, and Dallas are expected to be the top-3 real-estate markets in 2023, NAR researchers predicts. These markets have renters who can afford to buy homes and experienced strong job growth over the last year. In addition to Atlanta, NAR researchers notes in the report that Raleigh and Dallas have also become two of the country's fastest-growing employment hubs. This is one reason why Yun predicts that existing home sales will dip to 4.78 million next year from 5.13 million in 2022. Meanwhile, Yun predicts that mortgage rates will settle around 5.7% in 2023, which is still almost double the rate that homebuyers were able to get before the pandemic began.

☆ Delta expects 2023 earnings to nearly double thanks to 'robust' travel demand
▼ + stars: | 2022-12-14 | by ( Leslie Josephs | ) www.cnbc.com time to read: +3 min

The airline expects its adjusted earnings to nearly double to as much as $6 per share next year, above analysts' estimates. Delta and other airline executives in recent weeks have been upbeat about a recovery in travel demand, despite warnings from other industries about economic weakness ahead. The U.S. airline industry returned to profitability this year thanks to a sharp rebound in travel demand and consumers' willingness to pay higher fares, which helped carriers more than make up for increased costs like fuel. United Airlines CEO Scott Kirby last week said that business travel demand has "plateaued" but that revenue is still rising. A restoration of capacity will likely "take a little bit of pressure off the fare mix," but strong demand will continue to boost revenues, Bastian said.

☆ Fed raises interest rates half a point to highest level in 15 years
▼ + stars: | 2022-12-14 | by ( Jeff Cox | ) www.cnbc.com time to read: +7 min

Along with the increase came an indication that officials expect to keep rates higher through next year, with no reductions until 2024. The newest dot plot featured multiple members seeing rates heading considerably higher than the median point for 2023 and 2024. Similarly, there were seven members who saw rates higher than the median 4.1% in 2024. "We may have to raise rates higher to get where we want to go." Prior to this year, the Fed had not raised rates more than a quarter point at a time in 22 years.

☆ The worst of inflation is likely over, but the worst for the economy probably isn't
▼ + stars: | 2022-12-13 | by ( Jeff Cox | ) www.cnbc.com time to read: +5 min

While the inflation rate is still extraordinarily high, there's widespread agreement that the peak has passed. In fact, the only sector where interest rate increases have seemed to hit so far has been housing. So with lots of policy tightening still in the pipeline, softer inflation's accompanying economic slowdown is yet to come. The Fed's critics worry that the rate increases may have gone too far and could be a severe weight on the economy once inflation wears off. However, following the CPI report traders priced in a lower "terminal rate," or end point for the Fed rate hikes.

☆ Tech jobs: Recent grads send in hundreds of apps in unfamiliar, shrinking market
▼ + stars: | 2022-12-10 | by ( David Ingram | David Ingram Covers Tech For Nbc News. | ) www.nbcnews.com time to read: +6 min

Now, though, they’re applying for tech jobs at possibly the worst time in years, as nearly every part of the sector from streaming services to robotics has laid off people or frozen hiring. He graduated with a computer science degree in December 2021, a time he now sees as “the beginning of the end” for the most recent tech boom. “My biggest chances of getting a job in the U.S. kind of tanked,” he said, because of the recent layoffs. At colleges and universities, interest in computer science soared during the most recent tech boom. Lam, who’s scheduled to graduate in December 2023, said he originally thought the layoffs in tech would hurt junior-level people the most.

☆ California Long Ruled U.S. Shipping. Importers Are Drifting East.
▼ + stars: | 2022-12-10 | by ( Paul Berger | Photographs David Walter Banks For The Wall Street Journal | ) www.wsj.com time to read: +13 min

Abercrombie & Fitch Co. is moving more merchandise through New York and New Jersey to avoid West Coast bottlenecks. It trailed its East Coast rival again in that measure during September and October, according to the Pacific Merchant Shipping Association and ports data. ”There are so many customers that got so screwed because they were entirely reliant on L.A. and Long Beach.”The logistical challenges of spreading imports along the East Coast and the Gulf Coast are massive. The shift in trade to the East Coast marks a return to where container ships originated. Then the U.S. began importing more goods from Europe, making an Atlantic Ocean crossing to various East Coast ports more critical.

☆ Asian Americans heavily favored Warnock in Georgia runoff, exit poll shows
▼ + stars: | 2022-12-08 | by ( Kimmy Yam | Kimmy Yam Is A Reporter For Nbc Asian America. | ) www.nbcnews.com time to read: +5 min

Asian American voters in Georgia showed strong Democratic lean in the recent Senate runoff election, according to one exit poll. “I think there is a risk of losing folks if they take voters for granted.”For the exit poll, the organization surveyed 337 Asian American voters across DeKalb, Fulton and Gwinnett counties at five key, high-Asian American precincts. Nguyen emphasized that political opinions across the electorate are far from monolithic, pointing to the poll’s breakdown of Asian American voters by age. Polling occurred in areas with a higher-density Asian American voters, which tend to skew Democrat. Nguyen similarly noted that in the Atlanta area, voters heavily favored Warnock.

☆ Inside the turbulent, doomed campaign of Herschel Walker
▼ + stars: | 2022-12-08 | by ( Marc Caputo | Marc Caputo Is A Senior National Political Reporter For Nbc News. | ) www.nbcnews.com time to read: +14 min

Republican candidate Herschel Walker's campaign was starved for cash as it faced Sen. Raphael Warnock and his deep-pocketed Democratic allies. Beyond highlighting an intense clash in a nationally watched political campaign’s crucible, the blowup underscored the core problem of Walker’s campaign: Walker. The so-called “oppo” book, however, didn’t have information about the abortion story, which rocked Walker’s campaign. And despite the damaging information that could come out in a campaign, Walker decided to run anyway. By Election Day, Walker campaign staffers knew they were likely to lose.

"Grateful for the long-overdue release of Brittney Griner today from Russian custody. "Thank you to every single person that kept Brittney Griner’s name alive #WEAREBG," tweeted one of her Phoenix Mercury teammates, Brianna Turner. The Biden administration wasn't able to secure Whelan's release because the Russian government is treating his case differently than Griner's, Biden said. “While we celebrate Brittney’s release, Paul Whelan and his family continue to suffer needlessly,” Blinken said. Share this -Link copiedWho is Viktor Bout, Russian arms dealer that the U.S. exchanged for Brittney Griner?

☆ In Atlanta, Seeking a House With Ample Space Indoors and Out. Which Option Did He Choose?
▼ + stars: | 2022-12-08 | by ( Tariro Mzezewa | ) www.nytimes.com time to read: +2 min

When AJ Dewberry began his search for a new home in Atlanta, he knew what he wanted more than anything else was ample outdoor space. “Griffin is the country,” said Mr. Dewberry, 29, the founder and owner of Level 10 Repairs, a popular mobile-phone repair company in Atlanta. Email: thehunt@nytimes.com]A year later, with bank approval for a $680,000 loan and a smaller cash gift from his aunt, Mr. Dewberry started looking for land. For $500,000 to $600,000, Mr. Fleury said, a buyer could get a five- or six-bedroom townhouse or condominium. “The thing about Atlanta,” Mr. Fleury said, “is that it’s flexible that way.

EARLY WARNING SIGNSAfter years of tame inflation, Fed officials and other central bankers say they have faced a chain of disruptive events beyond their control ranging from the COVID-19 pandemic to the Ukraine war. The central bank has made conservative estimates on inflation despite Russia cutting gas supplies to Europe in response to Western sanctions over its invasion of Ukraine. Even as some economists say an inflation peak could now be in sight, central bankers remain far from taming inflation. The concern among some central bankers is that politicians will respond by raising public spending and so aggravate the inflation pressure that their rate-hike cure is intended to heal. If that were to happen, central bankers “would have to reverse course to prevent the debt market from becoming more disorderly," Goodhart told Reuters.

☆ Georgia runoff: Democratic U.S. Senator Warnock beats Trump-backed rival
▼ + stars: | 2022-12-07 | by ( Nathan Layne | ) www.reuters.com time to read: +4 min

With 99% of the estimated vote counted, he led Walker by 50.8% to 49.2%, according to Edison Research. The result cements Georgia as a battleground state certain to play a prominent role in the 2024 presidential election. Senator Raphael Warnock (D-GA) speaks during an election night party after a projected win in the U.S. midterm runoff election between Warnock and his Republican challenger Herschel Walker in Atlanta, Georgia, U.S., December 6, 2022. It is his second runoff victory in two years, after he won the seat in January 2021. Venkayla Haynes, 28, said Warnock's win was especially meaningful after months of organizing get-out-the-vote efforts for both the general election and then the runoff.

☆ Takeaways from the 2022 Georgia runoff: Warnock's win expands Democratic power in the Senate as his own star rises
▼ + stars: | 2022-12-07 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Sahil-Kapur-Headshot.Jpg | Sahil Kapur | ) www.nbcnews.com time to read: +6 min

ATLANTA — Democratic Sen. Raphael Warnock wrapped up his “one more time” tour with a victory Tuesday in the runoff, defeating Republican rival Herschel Walker to secure a six-year term. But this electoral success is sure to elevate his star, possibly into the echelons of presidential or vice-presidential contenders. Walker improved his margins in some rural counties, particularly in northern Georgia, but it wasn't enough. Warnock's top advisers said they focused heavily on swing voters, and their strategy paid off. Brian Kemp and Secretary of State Brad Raffensperger, won their races on Election Day, topping 50% and avoiding a runoff.

☆ Regular homebuyers feel they struggle to compete with investors who turn properties into Airbnbs and Vrbos. Government officials are trying to change that.
▼ + stars: | 2022-12-07 | by ( Robert Davis | ) www.businessinsider.com time to read: +6 min

Atlanta lawmakers want short-term rentals to be licensed and to fine owners who violate city laws. In some cities, government officials are trying to regulate the number of short-term rentals that investors can purchase. The debate over short-term rentals in Atlanta is emblematic of similar debates in other cities. For instance, voters in Colorado towns like Dillon, Aspen, and Steamboat Springs this year approved measures to tax short-term rentals to help regular homebuyers afford homes. There are more than 1,300 short-term rentals in Joshua Tree, according to AirDNA, compared with a population of 7,700.

☆ Herschel Walker didn't call Raphael Warnock to concede the Georgia Senate race, leaving the task to a staffer: AJC
▼ + stars: | 2022-12-07 | by ( John L. Dorman | ) www.businessinsider.com time to read: +3 min

Herschel Walker didn't personally call Raphael Warnock to concede the Georgia Senate race, per the AJC. Warnock defeated Walker in the runoff election, giving Democrats a 51-49 majority in the Senate. With nearly all votes in statewide, Warnock leads Walker 51.4%-48.6%. In the November general election, Warnock led Walker 49.4%-48.5%, but because no candidate reached the 50% threshold, a December runoff election was triggered, which gave the candidates four additional weeks to campaign across the state. I want you to believe in America and continue to believe in the Constitution and believe in our elected officials.

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