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MOUNT PLEASANT, S.C. -- Summer may not officially start for a few more weeks, but a different season is now in full swing: Farmers Market season.“Our season is April through September,” said Tracy Richter, who oversees the Farmers Market in Mount Pleasant, South Carolina.Just when it was about to open this year, the coronavirus pandemic sprouted up, forcing a temporary closure and then requiring changes to comply with social distancing.“We had them set up booths with an entrance and an exit,” Richter said. “So, only one way in, one way out. We restricted the number of shoppers they could have in those booths to two.”Normally, there would be 45 vendors at the farmers market, but they had to reduce that number down to 10 because of the coronavirus. They are slowly trying to get back to normal, though, and plan to add 10 more next week.Richter is lucky – the local municipality funds this market. For other market operators around the country, however, the financial picture is much more dire.“For them, this is a very challenging situation,” said Ben Feldman of the Farmers Market Coalition.He said coronavirus relief funds have bypassed these nonprofit markets, at a time when operators are having to limit the number of vendors and shoppers, as well as spend additional money on virus-related expenses, like personal protective equipment.“Unfortunately, much of the relief to date has left farmers markets out of the equation, even as there have been direct payments for many businesses,” Feldman said.Now, some are in danger of closing – nearly 20-percent of those recently surveyed in California alone. Feldman said the next coronavirus stimulus bill needs to include these markets, which are often a crucial food source and livelihood.“If these farmers markets aren’t able to remain in business, then farmers and consumers are the ones who lose here - because farmers lose their livelihood, consumers lose their access to fresh fruits and vegetables,” he said.Back in South Carolina, Tracy Richter is focused on getting the market through the reality of now and looking forward to later.“Hopefully by next April,” she said, “everything will be more back to normal.” 2188
More college students are coming back home, trying to save money and pay off debt.The findings from a Junior Achievement study have parents shocked and concerned, and JA jumping into action.Leith Walk Elementary Middle School is one on JA's roster to visit and talk with, and the students are very aware of what it takes to be financially independent.Walking around Mr. Jason Peinert's 7th grade class, you hear students discussing their futures, "you should always have a plan b," one boy said. "I want to like have my own house, my own property, I don't want to be bossed around by my mom," Imeah Curbean, 13, said, smiling.Here they plan a path from education to a career that will support them in the future."My kids go through simulations with check registers, as well as understanding opportunity cost," Mr. Peinert said they also write essays on saving money for the future.During the group discussion, one student echoed the sentiment, saying you wouldn't want to make decisions that put you in a corner. One of the big decisions, how to achieve higher educationJA's new study on financial literacy shows 75% of teens are worried about paying for college.The next finding was disturbing, "only half of the kids said that they wanted to become independently financial from their parents," Senior Vice President Kim Fabian of the Central Maryland Junior Achievement Chapter said. Students told them, they understand the financial strains of paying for college and, for many, the reality after graduating is to move back home to save money and pay off debt, earning the nickname "Boomerang Generation"."What we find works the best is when kids are actually doing things that will relate to what they'll be doing in the real world, so we try to create experiences while they're still in school that will help them learn those skills like communication, teamwork, how to be on time for things, what questions they should be asking, how to do a good job interview," Fabian said real world experience is key.Junior Achievement has a list of schools and programs on their website to get involved in. Fabian says they hope this education will help future generations to become financially independent.Below are the findings from the JA study: 2285
Missouri Gov. Eric Greitens, who was indicted on a felony charge last month, is showing no sign that he will back down in the face of the scandal, running a radio ad this weekend touting his conservative mission and saying he "won't stop until the mission is complete."The ad, paid for by Greitens' campaign, does not explicitly address the controversy surrounding the Republican governor, but says liberals are "hell-bent on stopping his conservative reforms.""Even Satan's own lawyers from the Satanic Temple are suing Greitens," the narrator of the ad says in reference to a lawsuit by the Satanic Temple against the state of Missouri over its abortion laws.The governor's campaign has so far put ,000 behind the spot, according to one source with knowledge of the buy. It is set to air Thursday through Tuesday, coinciding with the Easter holiday."Eric Greitens is on a conservative mission for Missouri," the ad concludes, "and he won't stop until the mission is complete."Greitens was indicted in February on an invasion of privacy charge stemming from an extramarital affair he had in 2015. Greitens has admitted to the affair but denied breaking the law.The indictment against Greitens alleges he photographed a person in "full or partial nudity" without the person's knowledge or consent."Greitens then transmitted that image "in a manner that allowed access to that image via a computer," the indictment alleges.Greitens, who has been accused of blackmailing the woman with whom he was having an affair, has denied the charge, saying in a statement in February, "As I have said before, I made a personal mistake before I was Governor. I did not commit a crime."Democrats and some Republicans have called for his resignation and the Republican-led state House has opened an investigation into the charges against Greitens.Attorney General Josh Hawley's office has also announced that they are probing Greitens' veterans charity. 1948
Months of uncertainty and waves of a deadly virus don’t really seem like a good prelude to a strong Christmas season. However, if you take a look at Christmas tree and decoration sales, they tell a different story.It is one of the busiest years for Christmas tree sellers and farmers, and most of these businesses were not expecting a busy year.“Sales have been up a lot,” said Christopher Gregory. “We initially thought maybe people were buying early. Now, we think there are just more people buying and they’re buying early!”Gregory has owned of Elsie and Sons Christmas Trees, located in Boston, for 47 years and never expected this holiday season to be one of his busiest. In fact, just a few weeks ago, he worried about being able to sell anything this season.“We were afraid there would be a shutdown, that we would get all the Christmas trees in and the day after they’ll shut down,” said Gregory.However, that is so far from how this season has actually panned out. Sales for Christmas trees, wreaths, and almost every holiday decoration are selling so fast he worries about running out of stock now.“We are running out of stuff and it is only the 8th of December,” Gregory added.The Boston Christmas tree seller explained local farmers have stopped cutting trees, so to get more trees, he has to place an order from a tree farm in Canada. Even with this additional order, he is anticipating still not have enough trees for all the demand and says he’ll likely end his season early.All across the country, Christmas tree sales are up almost 30 percent, according to a survey of tree retailers done by Evercore ISI. It seems people are not only buying more Christmas trees, but they are focused on buying bigger ones and spending more on additional season decorations.The uptick is notably unexpected since typically during economic downturns consumers pull back on unnecessary spending. They have not historically pulled back from Christmas tree shopping, but most economists and business owners would likely have forecasted a decline in spending on additional décor.That is, in fact, what Gregory forecasted for his business this season.“It’s a comfort to people, I think, observing the tradition, decorating the house and so on. This is what people get pleasure from now,” said Gregory.Gregory says he is just happy to be a part of something bringing people some much-needed joy this year. 2407
Musician T.I. was named in an investigation by the Securities and Exchange Commission on Friday in a fraudulent initial coin offering scheme.The SEC said T.I. will not be criminally charged, but settled on a ,000 fine and he has agreed to not participate in offerings or sales of digital-asset securities for at least five years.Film producer Ryan Felton is facing criminal charges, allegedly promised to build a digital streaming platform for FLiK, and a digital-asset trading platform for CoinSpark. Instead, Felton allegedly misappropriated the funds raised in the initial coin offerings, the SEC said.Felton is facing charges of violating registration, anti-fraud, and anti-manipulation provisions of the federal securities laws.T.I. was allegedly involved in promoting Felton’s scheme. The SEC said that T.I., and his social media manager William Sparks, Jr., offered FLiK tokens on T.I.’s social media accounts.“The federal securities laws provide the same protections to investors in digital asset securities as they do to investors in more traditional forms of securities,” said Carolyn M. Welshhans, Associate Director in the Division of Enforcement. “As alleged in the SEC’s complaint, Felton victimized investors through material misrepresentations, misappropriation of their funds, and manipulative trading.”Felton was also accused of manipulative trading to inflate the price of SPARK tokens.The SEC said that Felton made an addition .2 million in profits, and used money he allegedly misappropriated to buy a Ferrari, a million-dollar home, diamond jewelry, and other luxury goods. 1608