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DAILY OIL PRICE: June 14

first_imgLocal NewsIn the Pipeline DAILY OIL PRICE: June 14 Oil Barrels Twitter Crude Oil: 52.51  (+0.23).Nymex MTD AVG:  52.9656.Natural Gas: 2.387   (+0.062).Gasoline: 1.7325   (+0.0126).Spreads: July/August   (-.26)   August/September   (-.18).Plains WTI Posting: 49.00   (+0.25) By Digital AIM Web Support – February 24, 2021 WhatsApp Previous article060619_Hot_Summer_nights_03Next articleBuilding a legacy of financial freedom Digital AIM Web Support Facebook TAGS  Pinterest Twitter Pinterest WhatsApp Facebooklast_img read more

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World Economic Conditions and U.S. Housing

first_img Demand Propels Home Prices Upward 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago World Economic Conditions and U.S. Housing Home / Daily Dose / World Economic Conditions and U.S. Housing The Best Markets For Residential Property Investors 2 days ago Demand Propels Home Prices Upward 2 days ago About Author: Seth Welborn  Print This Post August 7, 2019 1,195 Views Sign up for DS News Daily Servicers Navigate the Post-Pandemic World 2 days ago The Best Markets For Residential Property Investors 2 days ago Share Save Related Articlescenter_img Data Provider Black Knight to Acquire Top of Mind 2 days ago The Week Ahead: Nearing the Forbearance Exit 2 days ago As the trade war heats up, economists warn that a global recession is on the way, according to Bloomberg. Lawrence Summers, a former U.S. Treasury secretary and a White House economic adviser, told Bloomberg that the recession risk is “much higher than it needs to be and much higher than it was two months ago,” though he notes that he still sees a less than 50/50 chance that the U.S. enters a recession in the next 12 months.Earlier this week, housing economist noted how current economic conditions around the world will impact the U.S. housing market.“Sharp and deep stock declines reduce confidence among all players in the economy. As such, potential homebuyers may become more cautious about making such a significant and long term financial commitment,” said Tendayi Kapfidze, LendingTree’s Chief Economist. “Others may see their down payment funds decline if they were keeping some of the money in the stock market. The stock decline is accompanied by a significant decline in interest rates so this makes the monthly payments more affordable for buyers who chose to follow through.”A report by the National Association of Home Builders (NAHB) in June stated the tariffs on $10 billion worth of materials has contributed to the nation’s affordability issues. The NAHB states that regulations account for 25% of the price of a single-family home. “Removing regulatory barriers that contribute to the increased costs of housing will pave the way to homeownership,” said NAHB Chairman Greg Ugalde, a builder and developer from Torrington, Connecticut. “Home builders and the residential construction community are committed to working with Congress to ensure homeownership is within reach of hard working families.”Kapfidze said tariffs on Chinese goods, specifically those related to homebuilding, will be passed through the cost of new construction and renovations. He added the sector that could be hit the hardest are lower-priced homes, as “thin margins on lower-priced homes will shrink further.” “This will exacerbate the inventory challenge at the lower end of the housing market, accelerating prices here beyond the added tariff expense, and worsening the affordability and availability problems in this part of the market,” Kapfidze said.  Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Tagged with: Economy HOUSING World Economics Economy HOUSING World Economics 2019-08-07 Seth Welborn Previous: Merging Technology, Personal Touch in the Mortgage Process Next: The Future of Financial Service Firms in Daily Dose, Featured, Investment, Market Studies, News Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Seth Welborn is a Reporter for DS News and MReport. A graduate of Harding University, he has covered numerous topics across the real estate and default servicing industries. Additionally, he has written B2B marketing copy for Dallas-based companies such as AT&T. An East Texas Native, he also works part-time as a photographer. Subscribelast_img read more

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Fla. man who pleaded guilty to mailing 16 package bombs tells judge devices were ‘not ever meant to work’

first_imgZolnierek/iStock(NEW YORK) — Cesar Sayoc, the Florida man who pleaded guilty to mailing 16 package bombs to critics of President Trump, is due back in federal court in Manhattan Monday after he claimed certain things he said at his plea hearing were inaccurate.In a handwritten letter to Judge Jed Rakoff, Sayoc said, “extreme emotional circumstances” influenced his answer when asked whether he knew his devices could harm.During the March hearing Sayoc said he made devices “designed to look like pipe bombs” and “with the intent to injure” but his letter to the court said, “the intention was only to intimidate and scare.”He called what he sent to former President Obama, Hillary Clinton, Robert De Niro and others “hoax, decoy devices” that were “not ever meant to work.”From South Florida Sayoc sent letters to George Soros, Hillary Clinton, John Brennan, Robert De Niro, James Clapper, Barack Obama, Rep. Maxine Waters, Eric Holder, Joe Biden, Sen. Cory Booker, Sen. Kamala Harris, Thomas Steyer and CNN.None of the recipients were hurt but the packages could get Sayoc a life sentence when he is sentenced in September.“I was not in right state of mind,” Sayoc said in a second letter to the judge. “I was overwhelmed, high anxiety, very nervous condition” when he answered affirmatively about knowing the risks posed by his actions.“The devices would never explode or worked,” Sayoc said. “The fireworks was a sparkler and not capable to explode.”It wasn’t immediately clear how Judge Rakoff would handle Sayoc’s assertions but ordered the parties into court, writing that he found it “necessary to hold an in person hearing to address these issues.” Copyright © 2019, ABC Radio. All rights reserved.last_img read more

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Microwave, dishwasher best for cleaning sponges

first_img Sanitizing kitchen sponges is important because they may be contaminated with pathogens like Escherichia coli O157:H7 and Salmonella. Microbiologists Manan Sharma and Cheryl Mudd also tested sponges soaked in lemon juice and in deionized water for 1 minute and in 10% bleach solution for 3 minutes, and they left one untreated. Between 37% and 87% of bacteria were killed using these methods, leaving sufficient bacteria to cause disease. (Deionized water is purified water from which most ions, such as sodium, calcium, iron, and chloride, have been removed). Others studies have shown the powerful effects of microwaving. University of Florida engineering researchers found that microwaving killed more than 99% of bacteria in sponges that had been soaked in raw wastewater, according to a Jan 22 university news release. The study was published in the December 2006 issue of the Journal of Environmental Health. Apr 23 USDA news releasehttp://www.ars.usda.gov/is/pr/2007/070423.htm Initially, each of the sponges contained about 20 million microbes, after researchers soaked them in a solution of ground beef and lab growth medium for 48 hours. The study was conducted at the ARS Food Technology and Safety Laboratory in Beltsville, Md. See also: Sponges should be wet when placed in the microwave and should have no metallic components, according to the University of Florida release.center_img Treatment in the microwave and the dishwasher also left sponges with less than 1% of the original counts of yeasts and molds in them, whereas 6.7% to 63% remained in the sponges treated with the other methods or left untreated. The ARS said these methods were tested because they are commonly used in households. Apr 25, 2007 (CIDRAP News) – Bacteria in a kitchen sponge can best be eliminated by heating the sponge in a microwave oven or running it through an automatic dishwasher, according to a study by the US Department of Agriculture (USDA). “Basically what we find is that we could knock out most bacteria in two minutes,” said Gabriel Bitton, University of Florida environmental engineering professor, in the news release. Researchers found that microwaving a wet sponge for 1 minute killed 99.9999% of bacteria, while running a sponge through a dishwasher cycle that included drying eliminated 99.9998% of bacteria, the USDA’s Agricultural Research Service (ARS) said in an Apr 23 news release. News release on University of Florida studyhttp://news.ufl.edu/2007/01/22/zap-the-bugs/last_img read more

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