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Hurricane Maria made landfall Wednesday in southeast Puerto Rico, ripping trees out of the ground and entangling two-thirds of the island in hurricane-force winds.Maria made landfall near the city of Yabucoa with winds of 155 mph -- just 2 mph short of Category 5 status, the National Hurricane Center said.By 9 a.m., those winds had weakened to 145 mph. But Maria is still a Category 4 hurricane, capable of ripping roofs off houses. 442

IKEA is offering to buy back certain furniture that is no longer wanted or needed to resell in their bargain section. In exchange, customers get an IKEA gift card for up to 50 percent of the original price."By making sustainable living more simple and accessible, Ikea hopes that the initiative will help its customers take a stand against excessive consumption this Black Friday and in the years to come," the Swedish furniture giant said in a release.The buyback initiative will be available in 27 countries in late November, including the United Kingdom, Russia and Canada, but not the US at this time.The New York Times reports there are some IKEA stores around the world with various buyback programs, but this would be the first time the initiative would be scaled across this many countries.“Rather than buy things you don’t need this Black Friday, we want to help customers give their furniture a second life instead of making an impulse buy,” says Ingka Group Deputy Retail Operations Manager Stefan Vanoverbeke in a press release.Products like dressers, bookcases, shelf units, chairs, tables and cupboards must be fully assembled in order to be eligible for the buyback offer. Customers will have to fill out a form and drop it off at an IKEA store. An employee will assess it and offer a price to buy the item back at, depending on the condition of the product. The item is then put in the discount area of the store and sold for the price IKEA bought it back for.The company says the initiative is part of their sustainability push, to address “unsustainable consumption and its impact on climate change.”Coronavirus pandemic lockdowns and stay-at-home orders have been good for home improvements and IKEA. The company announced last week sales have surged 45 percent year-over-year. 1804

House Democrats overwhelmingly picked Nancy Pelosi to be their nominee for House speaker on Wednesday at a closed-door meeting, bringing the long-time Democratic leader one step closer to reclaiming the gavel when Democrats take control of the House of Representatives in the new year.Pelosi was nominated as speaker by House Democrats by a 203-32 vote, according to attendees in the room. Three ballots were blank. One was absent.A small, but vocal, faction of Democrats have been attempting to derail Pelosi's run for speaker, but she has succeeded in winning over a number of critics in recent days and was expected to easily win the nomination since it required only a majority of House Democrats. The make-or-break moment for Pelosi isn't expected to come until January, when the full House holds a final floor vote to elect the speaker.House Democrats are also holding elections on Wednesday for positions lower in the leadership hierarchy.The first election to be decided was for the position of Democratic caucus chair. Rep. Hakeem Jeffries of New York was elected to the post, making him the No. 5-ranked Democrat next Congress. The vote was close, 123-113. He defeated Rep. Barbara Lee, who would have been the first African-American woman in Democratic leadership.At 48, Jeffries is relatively young compared to the rest of the caucus and a rising star in the Democratic Party. Winning the position of caucus chair will elevate him further in the party's hierarchy and give him an opportunity to wield more power and influence. With Rep. Jim Clyburn's expected ascent to the majority whip position, Jeffries' win means that two of the top five leadership positions in the Democratic caucus will be held by African-American members.Lee, who is 72, said on Wednesday that she felt there were "institutional barriers" in her way."You feel some disappointment only with the institutional barriers that I recognized that were out there during this campaign. I'm really disappointed in that, knowing this was an uphill battle," she said.Asked if she felt ageism and sexism were at place, Lee said yes. "You heard and saw what took place, so absolutely, I think that is the case," she said."We still have many glass ceilings to break," she added.Speaking to reporters after winning his election, Jeffries said he wanted to thank Lee "for her tremendous service to this nation" and characterized the race very differently: "From the very beginning through the very end, this was a friendly contest of ideas."The elections are currently ongoing at the Capitol and will continue throughout the day.Inside the room where Democrats are voting, Rep. Joe Crowley, the outgoing caucus chair who lost his primary to incoming freshman lawmaker Alexandria Ocasio-Cortez in an upset, sang an Irish ballad to the House Democratic Caucus, two members present told CNN. The caucus gave him a standing ovation. 2906

If you’re shopping for a car, you may already know that buying used is a smart move that greatly expands your choices. The key is knowing where to look for them.Buying a used car will not only save you money but also allow you to shop higher-end brands, says Ivan Drury, Edmunds.com’s senior manager of insights. For example, maybe you wanted a new Toyota Camry. Instead, he says, you can save about ,000 and get a 3-year-old Lexus.Because of the bankruptcy of Hertz rental car agency, along with the many cars coming off lease, there are a lot of used vehicles to choose from, says Jeff Huang, who attends auctions as the remarketing sales supervisor at Westlake Financial Services. “A good used car is a real value proposition — and there are definitely deals to be had,” Huang says.Shoppers looking for great bargains will find them in cars older than 7 years, says Mark Holthoff, used car editor at Klipnik, a website for used car enthusiasts. “That’s because the depreciation curve has mostly been flattened,” he says. For example, a 2014 Mercedes-Benz E-Class sedan, costing ,000 new, now sells for about ,000.Shop in the right placeNew cars are sold only by franchised dealers, but used cars can be purchased from a variety of sellers:Used car departments at new-car dealerships.Used car superstores such as CarMax.Online used car sellers such as Carvana, Shift and Vroom.Car rental sales lots.Independent used car lots.Private parties.Public auctions.You’ll typically find the newest and more expensive models at new-car dealers’ used-car lots, the only place to turn if you want a certified car with a warranty and factory financing. Prices are likely to be higher than other lots’ but negotiable.National used-car chains such as CarMax, online retailers and rental car agencies also offer newer cars, often with factory warranty remaining. You can also get a loan and buy extended warranties. Prices are typically no-haggle.Independent lots, private parties and public auctions typically deal in older or cheaper cars. The upside is that you may find a 20-year-old one-owner cream puff, cheap. It does happen. But most cars have had several previous owners, and a checkered past is not rare. Plus, you’ll have to arrange your own financing.Adjust your expectationsThere is a built-in risk-versus-reward element to used car shopping: The more you’re willing to spend, the less chance the car will need repairs and overdue maintenance. Here’s an overview of the three price levels of used cars:High-end used cars: If your budget is over, say, ,000, you might consider getting a certified pre-owned (CPO) car from a dealer. Shopping for a CPO car is easier because it’s pre-inspected and comes with an included warranty. While you’ll have to pay a premium, you’ll also be able to buy a car with more modern technology and safety features. Of course, you can always buy a non-CPO car and purchase an extended warranty.Midrange used cars: A sweet spot for used car buying is a 3-year-old vehicle coming off a lease. Many of these cars will sell for 40% of their original price and still retain a new-car feel, according to Drury. Another source of near-new bargain-priced vehicles is car rental lots. According to an iSeeCars analysis, Hertz vehicles are selling for an average of ,389 below market value.Older used cars: Many people are afraid that cars from 7 to 15 years old will require costly repairs. But Holthoff points out that new cars can effectively cost the owner ,000 a month in depreciation.“You might have to spend money on a repair, but depreciation is a constant,” he says.To offset repairs, set aside 0 a month so sudden mechanic bills won’t deplete your savings.It’s best to buy older cars from private-party sellers because you can get a better idea of the mechanical condition, Holthoff advises. A used car dealer will show you the vehicle history report, but a private party might have the service records and can answer many other questions.Look for unexpected valueThe used car market is vast and, if you can spot an outlier, you can save big money. Here are a few examples of how to find that diamond in the rough:Cars that haven’t been recently redesigned will sell for less. Check car sites such as Edmunds.com to find out when the last time major changes were made to a model.While there is a stigma to buying a used rental car, the vehicles are well-maintained and priced lower than buying from dealers, Drury says.If a car dealer’s vehicle history report shows you are looking at a former rental car, leave and buy a similar one directly from the rental agency’s sales lot. You’re likely to find it cheaper.Be willing to travel to an area where the car you want is less popular. For example, all-wheel-drive vehicles sell for less in the southern U.S., where winter driving isn’t a factor.Be willing to travel to a more competitive market. A Honda dealer with a city to itself has less pressure to dicker on a CPO vehicle than a dealer in a city with three or four rivals.Used luxury cars often offer the biggest savings, according to Holthoff. The money you save on the purchase can be used if any repairs are needed.More From NerdWalletDon’t Fall for COVID-19 Student Loan Relief ScamsGet Your Finances Ready to Refi Student Loans5 Reasons It’s Smart to Lease a Car Right NowPhilip Reed is a writer at NerdWallet. Email: articles@nerdwallet.com. Twitter: @AutoReed. 5428

HUNTINGTON BEACH, Calif. (AP) — Many Californians are preparing for a new stay-at-home-order that bars restaurant dining, shutters salons and limits retail in an effort to curb spiraling coronavirus infections and hospitalizations. The new rules that take effect late Sunday in the vast region of Southern California, much of the San Francisco Bay Area and a large swath of the Central Valley also prohibit residents from gathering with people not in their households.Public health officials say the measures are critical as space dwindles in intensive care units. Law enforcement officials say they don’t plan to enforce the rules and are counting on residents to wear masks and practice physical distancing. Many business owners say they can’t afford to comply. 771