Minty Bets is joined by Hall of Fame Quarterback Brett Favre to discuss the Chiefs-Bucs, the future of the Packers with Aaron Rodgers & Deshaun Watson's dilemma with the Houston Texans.
Minty Bets is joined by Hall of Fame Quarterback Brett Favre to discuss the Chiefs-Bucs, the future of the Packers with Aaron Rodgers & Deshaun Watson's dilemma with the Houston Texans.
OnePlus will reportedly have a very busy March with plans to release an entry OnePlus 9R phone alongside two other models and a watch.
While Warren Buffett isn’t known to prognosticate on where interest rates are heading, he warns that fixed-income investors “face a bleak future."
The Goovi 1800PA robotic vacuum cleaner has your floors covered—no bending, kneeling, or force required.
It's been 11 months, but Hopkins is still positively tickled that the Texans traded him to the Cardinals for almost nothing.
Data analysis from real estate experts Astons showed that across England and Wales, 493,383 residential transactions took place with an average sold price of £245,000.
This weekend's news recap starts with a new gaming laptop from MSI, and includes a look back at the Nintendo 3DS era.
Earlier this week, the Malmo-based group said that it had submitted a confidential filing with the US Securities and Exchange Commission (SEC).
Buffett, 90, isn’t slowing down much and seems poised to lead Berkshire Hathaway into the post-pandemic world.
The data found that 42% of people felt women had been more at a disadvantage of losing their job than men in the pandemic, while 58% believed the ongoing situation makes it harder for women to get back similar opportunities.
The Communist Party of China (CPC), the ruling party of the world's most populous nation and the second largest economy, is turning 100 this year. What has been motivating the CPC to fight against one challenge after another over the past century?
Richard Holzer, a self-described white supremacist, on Friday was sentenced to 19.5 years in federal prison for conspiring to blow up Temple Emanuel in Pueblo, Colorado in 2019.The state of play: Holzer in October pleaded guilty to federal hate crime and explosives charges.Get market news worthy of your time with Axios Markets. Subscribe for free.What they're saying: "Today's sentence is another step forward in our on-going fight against extremism," U.S. Attorney for the District of Colorado Jason Dunn said in a statement."Today, my last day in the office, we have sentenced the extremist responsible for the attempted bombing of the Temple Emanuel Synagogue in Pueblo. We must remain ever vigilant in this battle and I am confident the Department will continue to lead this fight," he continued.Context: Holzer planned to bomb Colorado's second-oldest synagogue, but undercover FBI agents gave him fake explosives, disrupting his plans.FBI agents made contact with Holzer after he posted on social media promoting white supremacist ideology.Like this article? Get more from Axios and subscribe to Axios Markets for free.
Not even the coronavirus pandemic could dampen Warren Buffett's enthusiasm for the future prospects of America and his company Berkshire Hathaway Inc. He also retained his longstanding optimism for his company, repurchasing a record $24.7 billion of Berkshire stock in 2020 in a sign he considers it undervalued, and for the United States despite "severe interruptions" such as the pandemic. The letter breaks an uncharacteristic silence for the 90-year-old Buffett, who has been almost completely invisible to the public since Berkshire's annual meeting last May amid the pandemic, soaring stocks and a divisive U.S. presidential election.
Feb. 27—RAPID CITY — Close matches carried Canton to its second consecutive Class B state dual championship. Winner Area picked up an early lead, but the C-Hawks racked up six wins in the span of seven matches to secure a 27-25 win Friday at Rushmore Plaza Civic Center. It is also the second consecutive season the Warriors have finished as the runner-up. Canton won five matches decided by ...
Feb. 27—RAPID CITY — Canton padded its lead on Winner Area in the Class B semifinals. Canton and Winner Area are once again atop the Class B standings. The C-Hawks have a 42.5 point cushion, scoring 179.5 points compared to the Warriors' 129 points. Kimball/White Lake/Platte-Geddes (89) is in fourth, as well. Winner Area sent five wrestlers into the championship match, but dropped three ...
Feb. 27—ABERDEEN — Class AA No. 3 Aberdeen Central's Brooklyn Kopecky took over in the fourth quarter, guiding the Golden Eagles to a 50-43 win over the Mitchell High School girls basketball team on Friday. It's the third straight loss for the Kernels, while Aberdeen Central clinched the Eastern South Dakota Conference championship. "We put ourselves in a position to win the game," Mitchell ...
Feb. 27—It will feel like déjà vu at 3 p.m. today at the Corn Palace. For the second straight season, Dakota Wesleyan University will host rival Mount Marty University in the Great Plains Athletic Conference men's basketball semifinals. The Tigers (19-7) claimed last year's meeting by an 86-62 decision, while they won both meetings this season. But don't expect the same Lancers in this one, ...
Feb. 27—Mitchell used a suffocating defense to snap its three-game losing skid on Friday. The Kernels held Aberdeen Central to a season-low 42 points in their 54-42 Eastern South Dakota Conference boys basketball win at the Corn Palace. Mitchell (14-6) also snapped a three-game losing streak in its regular season finale. "This is definitely a big one," Mitchell junior forward Caden Hinker ...
As many as 10 death row inmates in Oklahoma, more than one-fifth of the state’s prisoners condemned to die, could escape execution because of a recent U.S. Supreme Court ruling concerning criminal jurisdiction in Indian Country. The inmates have challenged their convictions in state court following the high court’s ruling last year, dubbed the McGirt decision, that determined a large swath of eastern Oklahoma remains an American Indian reservation. The decision means that Oklahoma prosecutors lack the authority to pursue criminal charges in cases in which the defendants, or the victims, are tribal citizens.
Robin Arnone, a part-time trainer before the coronavirus pandemic, hasn’t set foot in the Colosseum Gym in Columbia, Maryland, since the virus shut it down almost a year ago. The gym is open again, but she doesn’t need the work. Things are going gangbusters in her other job as a home appraiser, and she hasn’t looked back. For Julie Stark, one of Arnone’s best friends and a professional dog walker, things are not so rosy. With many clients stuck at home in the pandemic and taking care of their own pets, her services are no longer in demand. Instead of walking seven dogs each day, she now walks three. Stark has had to economize, eliminating dance and gymnastics classes for her children to save $350 a month. She doesn’t know when her clients will want her back, but it’s not something she discusses with Arnone. “We don’t talk about money,” Stark said. Sign up for The Morning newsletter from the New York Times “It would be awkward if she were a dog walker and doing unbelievably well,” she added. “I’m happy for her.” And there is a lot in Arnone’s life to be happy about. She replaced her used Lexus with a new one last year, and in December she indulged herself with a $550 Dyson hair dryer. “It felt a little ridiculous,” she said of the purchase. “But I worked hard, and if there’s any year I’m going to do it, it’s this year.” Arnone and Stark are among the millions of friends who were on a relatively equal financial footing before last March — people who would have thought nothing of splitting the check on a night out — and now find themselves on vastly different trajectories. Lockdowns changed what Americans can do as well as what services they need, and in the process created divergent fates for many workers. The pandemic has wreaked havoc on many who were already struggling. Nearly 10 million fewer people have jobs, and some 26 million reported not always having enough to eat, according to Census Bureau data. For the 50% or so of the population that makes up the middle class — defined by Pew Research Center as having an income ranging from around $45,000 to $135,000 for a household of three — the toll has been uneven. Like a tornado, the pandemic can devastate one household and leave neighboring ones unscathed. Arnone’s world, in the Washington-Baltimore area, exemplifies that. The gym where she worked, the Colosseum, is owned by her friend Tim Gallagher. His monthly income at the gym is down 25 to 30%, and a quarter of the gym’s members have suspended their accounts. To save money, he has lowered the thermostat at home to 60 degrees from 65, and while his truck has more than 340,000 miles on it, he has no plans to replace it. “You just got to scrape along and gut it out,” he said. “We’re really struggling to get by.” But in Arnone’s other field, home appraising, her friends and colleagues are reaping rewards from the booming housing market, where January sales were up 23.7% from a year earlier, according to the National Association of Realtors. Ultralow mortgage rates have prompted a wave of refinancings, which require fresh appraisals. “I don’t have much to complain about,” said Traci Warner, a friend of Arnone’s and a home appraiser in Waldorf, Maryland, south of Washington. After her husband was laid off from his sales job in April, Warner’s work picked up the slack. It’s not that things are perfect, but unlike Gallagher, she does not feel that she is barely hanging on. This contrast is mirrored in the larger economy. Weekly unemployment claims by newly laid-off workers remain at historically elevated levels even as stock indexes reach record highs. Vaccines have arrived, but their slow rollout means it will be months before anything resembling normal activity can resume at restaurants, hotels, gyms, airports, malls and other businesses that depend on bringing people together. “It’s very uneven,” said Gregory Daco, chief U.S. economist at Oxford Economics, a forecasting and research group. “The recovery for the most vulnerable parts of the population will take years.” Not only are wages and salaries down for the hardest-hit segments of the workforce, he noted, but so are overall employment and participation in the labor force. At the very top, the gains have been staggering. In eight months after the pandemic hit the United States, the wealth of the country’s roughly 650 billionaires grew by $1 trillion, according to a November study by the Institute for Policy Studies and other progressive groups. That included a $70 billion lift for just one of those magnates: the founder of Amazon, Jeff Bezos. White-collar employees, having emerged mostly unscathed from the sharp downturn in 2020, are looking forward to what they hope will be a robust recovery in 2021 once most people are vaccinated. Service workers, devastated by the idling of entire industries amid lockdowns and other restrictions, just want the pain to abate. The split was evident in the latest jobs report from the Labor Department. While professional and business services employment jumped by 97,000 in January, that job growth was almost entirely offset in the private sector by losses in the retail, leisure and hospitality industries, among others. So while lines at food banks lengthen, new Teslas dot parking lots, and there are waiting lists for Peloton machines so the most fortunate can keep up with their workouts from home. Peter Atwater, a lecturer in economics at the College of William & Mary, has popularized a term for this phenomenon: the K-shaped recovery. While one arm of the K ascends, the other is driving lower. “There’s an enormous divide in confidence,” he said. “And we buy and spend based on how we feel.” Janet Yellen, the newly confirmed Treasury secretary, extended the metaphor during her confirmation hearings. “We are living in a K-shaped economy, one where wealth built upon wealth, while working families fell farther and farther behind,” she said. Life on the Upside Arnone misses her days at the gym, especially spending time with clients. It is the first time since she was 15 that she hasn’t worked as a trainer, she said. But she is feeling pretty good otherwise. Before the pandemic, she would train people in the morning and shift to her real estate work in the afternoon. Now she rises at 6 a.m. to start writing up appraisals before hitting the road to visit as many as eight homes in a day. “I’ve declined a boatload of appraisal jobs,” she said. “I just didn’t have the time.” After typically handling 500 appraisals a year, she did 635 last year. She is paid by the banks that issue the mortgages, and last year, she estimates, she earned roughly $250,000 for her services, up from about $185,000 in previous years. She lives in Woodbine, Maryland, 25 miles west of Baltimore, and although she still thinks of herself as middle class, she said her nieces told her she was upper middle class; she concedes that they’re probably right. It’s a world away from the apartment where she grew up in Randallstown, Maryland, a Baltimore suburb, as the child of a single mother. “Thinking back, I had no clue,” Arnone said. “I didn’t realize how much we didn’t have. If I wanted something, my mom would go without, but I didn’t have the nicest clothes or the name brands.” Maybe that’s why she feels a little ashamed of her good fortune when she sees news stories about long lines at food banks or other evidence of the pandemic’s economic woes. “When I throw out the veggies I never got to eat, my mother’s Catholic guilt weighs on me,” she said. Home appraisal is a boom-and-bust business, driven by the housing market’s cycles. But with interest rates near record lows, and new buyers shopping for houses while existing homeowners refinance, work is plentiful for now. Warner — Arnone’s friend and fellow home appraiser — traded in her Honda Accord, which had more than 300,000 miles on it, for a 2017 BMW X3, not long ago, and was able to go to the beach in Delaware with her family last summer. This month, they went skiing in Virginia. “Our finances are pretty good,” added Warner, 51. “The market has been amazing.” Arnone, by her own description, is a worrywart and had done her training work on the side to supplement her income. Now she doesn’t feel the need. “The gym was always my safe place, and it’s weird not seeing Tim and other friends — I miss them,” she said. “But I won’t lie. It’s nice to have more time and more flexibility.” The Long Wait for Normal A year ago, Stark felt things were going her way. Five years earlier, she started a business as a dog walker and pet sitter, after having been a veterinary technician. “It was perfect,” she said, until the pandemic arrived. Now her clients are home and can walk their dogs themselves. And the decline in travel leaves little need for pet sitters. “I’m holding out hope that my clients will need me again,” she said. She has been surviving with help from her parents, child support from her ex-husband and unemployment benefits. Stark has her hands full with her own pets in the meantime. She has two rescue dogs, Roxy and Luke, as well as two cats. Everyone, she adds, gets along. She did get one new client during the pandemic, but most of the so-called pandemic puppies adopted in the past 11 months are being walked by their owners or their children, she said. She isn’t sure whether her old clients will come back when the pandemic recedes or she will be walking the new dogs. Sometimes she thinks of returning to a 9-to-5 job outside the house. “Part of me just wants a stable job and a regular paycheck,” she said. It doesn’t seem realistic, though: With her two daughters, ages 10 and 14, in school remotely, she needs to be at home most of the time. “I’m just hoping things will return to normal,” she said. Government aid has been crucial for helping people like Stark and Gallagher weather the pandemic. And their reliance on it underscores why many economists believe more federal assistance is necessary, especially if the K-shaped recovery continues. “Political leaders and policymakers have a big role to play in getting that bottom leg of the K up,” Daco of Oxford Economics said. “They hold the key to a stronger labor-market recovery that is as inclusive as possible and will reduce the long-term damage to the economy.” Gallagher, the owner of the Colosseum Gym, recently applied for a second round of small-business loans. That, and forbearance from his landlord, should enable him to keep Colosseum open in the months ahead. Still, he is not expecting an imminent recovery. “I think it’s going to take till the end of the year,” he said. “We’re allowed to operate at 50% of capacity. But I don’t have to worry about 50% because everybody is scared to death to come in.” The warnings from Maryland’s governor, Larry Hogan, haven’t helped business, Gallagher added. “His COVID briefings are deadly to my gym,” he joked. “Every time he opens his mouth, another five or six people put their memberships on hold.” In the meantime, Gallagher’s decisions reflect the continuing economic pain. He has laid off most of his part-time employees. Normally, he and his wife would go out several times a week, but now one outing is the limit. “That’s a big splurge for us,” he said. They have also dropped premium channels from their cable service. At the gym, a popular gathering spot for hard-core weightlifters, the clanging of the machines has been replaced by background music and the whirring of the treadmills occupied by the most devoted exercisers. And public health officials have warned that high-intensity workout sessions at gyms can spread the coronavirus, potentially threatening Colosseum’s revival. Gallagher said there was little personal training going on. Maybe five or six guests are out on the floor while Gallagher keeps himself busy cleaning up and fixing equipment. Every so often, he signs up a new member, with dues running at $59 a month. He is confident that eventually — on the other side of the pandemic — people will want to come back to the gym. Not everyone, though. He is concerned that members who have fallen out of the gym habit may never return. “It’s going to take longer to make up for those memberships and get other people to join,” he said. “A few people will never want to go to the gym, or the movies or where there are crowds of people. It’s a shame.” This article originally appeared in The New York Times. © 2021 The New York Times Company
Feb. 27—Carol Sowl had just moved to Ashland with her husband when their lives were turned upside down by COVID-19. Before moving, Sowl, 66, and her husband had lived on Madeline Island for about 40 years, 20 of which Sowl spent as the schoolhouse teacher there. During her time as a teacher, she used the Madeline Island Museum to help her students learn about area history. — 10 years in one: ...