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Florida Housing Market Shows Eased Prices and Increased Inventory in July

Breaking Local News Report0

ORLANDO, Fla. — Florida’s housing market in July 2024 exhibited signs of stabilization, with median sales prices showing modest changes and an uptick in new listings, according to the latest data from Florida Realtors®. The state saw improvements in active inventory levels, which may help address ongoing housing affordability challenges. “For-sale inventory continued to improve in July, which is helping to moderate prices – and hopefully will also ease housing affordability issues over time,” said Gia Arvin, the 2024 President of Florida Realtors® and broker-owner of Matchmaker Realty in Gainesville. She noted that mortgage interest rates are also trending downward

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Increased Horse and Buggy Traffic Expected on Lancaster Roads for Ascension Day

Local News Report0

Lancaster, PA – Today marks Ascension Day, an official holiday in the Amish Church, celebrating Jesus’ ascension to heaven 40 days after Easter. On this day, our Amish neighbors take a day off to rest, visit family, and enjoy picnics and games. As a result, local Amish businesses are closed, and residents should anticipate additional horse and buggy traffic. Ascension Day is observed in the Amish community, with residents refraining from work and school to spend time with loved ones in parks, engaging in recreational activities. The tradition involves a day of rest and recreation, marked by closures of Amish-run

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Aid to Gaza has increased dramatically, White House’s Kirby says

Reuters0

WASHINGTON (Reuters) – Humanitarian aid getting into the Gaza Strip has increased by a large amount in the last few days, White House national security spokesman John Kirby said on Monday, adding the United States needs to see that aid sustained. “The aid has increased and quite dramatically in just the last few days,” Kirby said in an interview with MSNBC. “That’s important but it has to be sustained.” More than 2,000 trucks have been able to get in, about 100 in the last 24 hours alone, Kirby said in an interview with MSNBC. President Joe Biden earlier this month

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Increased Security at Maryland High School Following Unfounded Threat

Erica Schmidt0

LUSBY, MD – The Calvert County Sheriff’s Office investigated a potential threat to Patuxent High School on Friday. An anonymous social media post suggesting a threat led to immediate law enforcement action. Upon investigation, authorities found the threat to be non-credible and unfounded. Nevertheless, extra deputies were stationed at the school today as a precautionary measure.

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German insolvencies increased significantly at the end of 2023

Reuters0

BERLIN (Reuters) – A weak economy and high interest rates caused many German companies to slide into insolvency at the end of 2023, the German statistics office said on Friday. The number of insolvencies filed rose by 12.3% in December compared to the same month in the previous year, the office said. “Double-digit year-on-year growth rates have thus been observed consistently since June 2023,” it said of the insolvency data. In November, there was an increase of 18.8% on the year. From January to October 2023, the number of corporate insolvencies rose by 24.1% to 14,751, data from the statistics

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Bayonne Police Arrest Nine for DWI in December Amid Increased Patrols

Charlie Dwyer0

BAYONNE, NJ – In a concerted effort to curb drinking and driving, Bayonne Police have arrested nine individuals for DWI this December, with intensified enforcement measures in place. Police Chief Robert Geisler confirmed that six of these arrests followed the implementation of targeted patrols, a part of a broader campaign by the department. Since the beginning of the month, nine people in total have been charged with driving while intoxicated. This initiative is supported by a grant from the National Highway Traffic Safety Administration. The campaign, encouraging drivers to “drive sober or get pulled over,” comes in response to national

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White House: Seeing increased missile, drone attacks by Russians in Ukraine

Reuters0

By Steve Holland ABOARD AIR FORCE ONE (Reuters) – Russia is increasing its missile and drone attacks on civilian infrastructure in Ukraine and the White House expects Moscow to target energy facilities as winter approaches, national security spokesman John Kirby told reporters on Monday. Kirby said U.S. President Joe Biden, who will meet with Ukrainian President Volodymyr Zelenskiy at the White House on Tuesday, would continue to make the case for Congress to approve more aid for Ukraine. He said Washington also expected to announce additional military aid for Ukraine before the end of the month. “We don’t have too

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Indonesia president suspects human trafficking behind increased Rohingya arrivals

Reuters0

JAKARTA (Reuters) – Indonesia strongly suspects human trafficking is behind a recent increase in arrivals of Rohingya Muslims on its territory, its president said on Friday, promising to work with international groups to deal with the issue. More than 1,200 Rohingya people, a persecuted minority from Myanmar, have landed ashore in Indonesia since November, according to the United Nations’ refugee agency (UNHCR) in Indonesia, prompting concern among local communities about the scale of the exodus this year. For years many Rohingya have embarked on perilous journeys on rickety boats, hoping to reach neighbouring Thailand and Bangladesh or further afield Malaysia

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Russian exporters increased FX sales to $13.9 billion in November

Reuters0

MOSCOW (Reuters) – Russia’s central bank on Thursday said exporters had increased foreign currency sales to $13.9 billion in November from $12.5 billion in October, as capital controls forced the transfer of FX revenues and buttressed the rouble. The Russian currency strengthened for seven straight weeks from early October to late November, rebounding from more than 100 to the dollar after President Vladimir Putin reintroduced capital controls mandating some exporters convert their FX revenues. The rouble has since weakened to trade close to 93 per dollar now. “The rouble’s weakening at the start of December happened due to the seasonal

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Canada’s oil province Alberta forecasts increased C$5.5 billion budget surplus

Reuters0

(Reuters) – Canada’s main oil-producing province Alberta on Thursday forecast an increased surplus of C$5.5 billion ($4.06 billion) for the 2023/24 fiscal year, fuelled by strong bitumen royalties and higher income tax revenues. Earlier this year Alberta had forecast a budget surplus of C$3.2 billion. The province said volatile oil prices, continued inflation challenges and uncertainty due to slowing global growth could still impact its finances, however, and warned debt servicing costs will be higher than previous years due to higher interest rates. “Our second-quarter fiscal update is another positive report, showing strength in Alberta’s finances and economy and positioning

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Russia says it takes Ukrainian village, Ukraine notes increased Russian activity

Reuters0

(Reuters) – Russia’s military said on Wednesday that its forces had captured a village in a contested area of eastern Ukraine, while Ukrainian officials offered no comment but said Moscow’s forces were suffering heavy losses while launching fierce attacks. Russia’s armed forces have focused on eastern Donetsk region after failing at the outset of the 21-month-old conflict to advance on Kyiv. But their progress has been slow. Ukraine regained large chunks of territory a year ago, but a new counteroffensive launched in June has made only incremental gains in the east and south. Russia’s Defence Ministry said its forces had

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Federal Debt Increased $2.45 Trillion Since Thanksgiving 2022 — $7,304 For Every Person In US

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Federal Debt Increased $2.45 Trillion Since Thanksgiving 2022 — $7,304 For Every Person In US Terence P. Jeffrey on November 24, 2023 The debt of the federal government has increased $2,452,444,126,108.25 since last Thanksgiving, according to data published by the U.S. Treasury. That works out to approximately $7,304.03 for every one of the 335,765,877 persons in the United States, as per the Census Bureau’s current population estimate. It also equals $15,168,88 for each of the 161,676,000 people the Bureau of Labor Statistics reported were employed in the country in October. On Wednesday, Nov. 23, 2022, the day before last year’s

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Trian reports new position in Allstate, increased stake in Disney

Reuters0

By Svea Herbst-Bayliss NEW YORK (Reuters) – Trian Fund Management said in a regulatory filing on Tuesday that it owns 3.6 million shares in insurer Allstate Corp and had raised its stake in Walt Disney Co by 412%, to own 32.8 million shares. Reuters reported exclusively last month that activist investor Nelson Peltz’s Trian built the Allstate Corp stake at a time insurers are struggling to cope with the fallout of natural disasters such as the Maui wildfire in Hawaii. On Tuesday the Allstate position was listed as a new entry on the company’s 13-F filing, which details what fund

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Rochester Army Contractor Sentenced for Providing Faulty Gas Mask Filters for Increased Profitability

Indira Patel0

ROCHESTER, NY – Reginald Cannon, 55, of Rochester, received a sentence of two years’ probation, a $200,000 fine, and is ordered to pay restitution amounting to $315,944 for wire fraud, as announced by U.S. Attorney Trini E. Ross. Assistant U.S. Attorneys Richard A. Resnick and Kyle P. Rossi revealed that Cannon, as the president of Burnett Process, Inc., secured a five-year contract with the United States Army in May 2015 for the production of M98 Gas Particulate Filters. These filters, vital for several military systems, protect against various threats. Burnett Process was contractually bound to certify the compliance of their

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US auto sales to rise in August on increased vehicle supply, strong demand

Reuters0

(Reuters) – New vehicle sales in the United States are expected to rise in August, helped by improved supply and strong demand for personal transport, a report from industry consultants showed on Thursday. U.S. new vehicle sales, including retail and non-retail transactions, are estimated to reach 1,354,600 units in August, a 15.4% jump from a year earlier, according to the joint report by J.D. Power and GlobalData. “Retailers continue to sell vehicles before they physically arrive at the dealership. However, with increased inventory levels, more shoppers are now able to purchase vehicles from dealer lots,” Thomas King, president of the

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US core capital goods increased modestly in July

Reuters0

By Safiyah Riddle (Reuters) – New orders for key U.S.-manufactured capital goods rose modestly in July, suggesting business spending on equipment could continue to grow after rebounding in the second quarter. Orders for non-defense capital goods excluding aircraft, a gauge of business spending plans, rose 0.1% last month after falling by a revised 0.4% the month prior, Commerce Department said on Thursday. Economists polled by Reuters had forecast core capital goods orders would be up 0.1%. The economy grew at a 2.4% annualized rate in the second quarter, the government said in its advance estimate of GDP, exceeding widespread expectations

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Goldman plans hiring spree to fix lapses after increased Fed scrutiny – Bloomberg

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(Reuters) -A fresh bout of U.S. regulatory scrutiny is setting off a hiring spree at Goldman Sachs, Bloomberg News reported on Thursday, citing people with knowledge of the matter. The Wall Street bank is enlisting several hundred new staffers to help address concerns from authorities including the Federal Reserve, according to the report. “We are not permitted to comment on any supervisory matters related to our regulators. Therefore we are not able to comment on these reports,” Goldman Sachs said in a statement. A spokesperson for the Federal Reserve declined to comment on the matter. (Reporting by Manya Saini in

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Brits May Ditch Net Zero Policies As Increased Prices Burn Consumers

The Daily Caller0

Brits May Ditch Net Zero Policies As Increased Prices Burn Consumers Nick Pope on July 24, 2023 The U.K. government may pivot away from its embrace of green energy and climate goals as prices continue to rise for British consumers, according to The Telegraph. Prime Minister Rishi Sunak has suggested that the country’s aim to ban new gas-powered vehicles by the end of the decade may not come to fruition, saying Monday that green energy initiatives must be “proportionate and pragmatic” so as to not unduly impact the lives of citizens, according to The Telegraph. Sunak did not directly confirm

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US Deploys Marines To The Middle East To Combat Increased Iranian Aggression

The Daily Caller0

US Deploys Marines To The Middle East To Combat Increased Iranian Aggression Micaela Burrow on July 20, 2023 The U.S. will deploy thousands of Marines to the Strait of Hormuz amid increased Iranian aggression against commercial vessels, the Department of Defense (DOD) announced Thursday. The announcement follows the recent deployment of F-16 and F-35 fighter units and a guided missile destroyer, the USS Thomas Hudner, to the region after an Iranian Navy ship tried to seize and fired at an internationally-flagged commercial tanker, U.S. Central Command (CENTCOM) said in a press release. Now, a Marine Corps Amphibious Ready Group/Marine Expeditionary

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CBP One Appointments Increased to 1,450 Per Day

US Border Patrol0

WASHINGTON – U.S. Customs and Border Protection today announced the expansion of available appointments for noncitizens through the CBP One™ app to 1,450 per day, up from 1,250. This represents a nearly 50 percent increase from May 12 when CBP processed 1,000 appointments per day. Scheduling an appointment in CBP One™ continues to provide a safe, orderly, and humane process for noncitizens to access ports of entry, where CBP Officers receive advance information for screening and vetting and to determine admissibility on a case-by-case basis. CBP One™ is a key component of DHS efforts to incentivize migrants to use lawful processes and disincentivize attempts at irregular or unlawful

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Watchdog Warns Of ‘Increased Risk’ US Weapons Could Be Lost En Route To Ukraine

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Watchdog Warns Of ‘Increased Risk’ US Weapons Could Be Lost En Route To Ukraine Micaela Burrow on June 12, 2023 Department of Defense (DOD) employees’ failure to follow procedure in keeping track of weapons transfers to Ukraine unnecessarily increases the possibility that U.S. defense equipment could be lost, the Pentagon’s internal watchdog warned in a report released Monday. The DOD Inspector General could not verify any instances of loss, theft or diversion of the weapons shipments, but found during a November 2022 visit to the Jasionka transfer site in Poland that personnel responsible for tracking equipment transfers couldn’t confirm that

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Bill Proposes Increased Penalties for Assaults on Law Enforcement in New Jersey

Phil Stilton0

TRENTON, N.J. – On Monday, New Jersey Assemblyman Alex Sauickie advanced a bill proposing increased penalties for assaults on law enforcement officers. The proposed legislation, A4697, cleared the Assembly Law and Public Safety Committee. The new law would categorize assaults on law enforcement as a second-degree crime, carrying a sentence of up to 10 years in prison and fines up to $150,000. The legislation would prohibit pleas to lesser charges. Presently, these types of assaults that result in bodily harm are third-degree crimes, with a maximum sentence of five years and $15,000 fines. Additionally, the legislation would mandate those who

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Increased Crime Causes San Francisco To Bump Pay For Police Officers

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Increased Crime Causes San Francisco To Bump Pay For Police Officers Erinn Broadus on April 19, 2023 San Francisco officials agreed to increase police officer pay in a new contract Tuesday amid concerns about rising crime, according to the San Francisco Chronicle. San Francisco is currently 562 officers short, and rising crime has prompted the city to raise the pay by 10%, at the cost of $166.5 million over three years, the San Francisco Chronicle reported. The officer shortage is due to retirement and retainment issues, and the increase in pay will make the San Francisco officers the highest paid

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Egypt’s headline inflation rate increased to 32.7% in March

Reuters0

CAIRO (Reuters) – Egypt’s annual urban consumer inflation rate in March climbed to 32.7% year-on-year, just shy of an all-time record, from 31.9% in February, data from the country’s statistics agency CAPMAS showed on Monday. Month-on-month, urban inflation slowed to 2.7% in March from 6.5% in February and 4.7% in January. Egypt’s surging inflation rate follows a series of currency devaluations starting in March 2022, a prolonged shortage of foreign currency, and continuing delays in getting imports into the country. Egypt, which secured a $3 billion financial support package from the International Monetary Fund in December, has devalued its currency

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