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Crews at a construction site in Denver, Colorado, are working around the clock, trying to keep up with an increased demand by building more housing.“It’s getting really interesting out there isn’t it,” said Stephen Myers CEO at Thrive Home Builders.Myers says though the real estate market is booming across the country, an increased cost of lumber is cutting into builders’ profits.“The increase is ,000 to 12,000 per house,” he said of his current project. “And we’re concerned about the ultimate price impact for our buyers.”According to the National Association of Home Builders, the price of lumber has increased by 173% since mid-April to an all-time high in August.“Without a doubt, the housing prices will go up because lumber is a very important input of houses,” said Kishore Kulkarni, Ph.D. a professor of economics at MSU Denver.Kulkarni says there’s multiple reasons why lumber prices have skyrocketed during the last few months, including higher transportation costs, some lumber mills shutting down, low interest rates and more people looking to purchase homes during the pandemic.“The supply of lumber is having a lot of bottlenecks because of COVID-19,” he said,This is pushing up the price of a typical new home by more than ,000, according to the National Association of Home Builders.Back on the job site, Myers’ team is pulling out the blueprints and looking for ways to offset higher lumber prices.“Hopefully the lumber supply can rise to the occasion to meet the increased demand,” Myers said.While crews continue to frame new houses, experts predict the cost of lumber won’t level.So, for now, prices will continue going through the roof. 1676
CLAREMORE, Okla. -- Sequoyah High School students were not afraid to speak out after they said school officials told them they had to remove American flags mounted on their vehicles.On Thursday, a student showed up to the school, located about 40 minutes northwest of Tulsa, with a flag mounted on his car. “As soon as we got out of our cars in the parking lot they were already on us trying to get them down," student Kennith Hoover said. “The American flag symbolizes no racism and it's just strictly for America's freedom," student Jake Storts said. It's a symbol of patriotism, freedom and history. “I think it’s a fight that they picked that they will never win," local business owner Larry Banzet said. “The flag was in great shape, it was mounted properly," Hoover said. "It looked perfect. There was no kind of disrespect about it and they told him to take it down.” Friday, a group of students decided to stand with their friend. “You can’t tell a kid to take the flag down," Hoover said. "We disagree with that so that’s how it started.” “We’re not allowed to fly them because he can’t allow the Islamic or the KKK flag then he can’t allow the American flag," Storts said. Hoover says the school's reasoning change more than once. “Yesterday they said it was a distraction to drivers and students," he said. "Today they were telling me 'you have it mounted wrong' and then they told me it was illegal to fly it the way I was behind my car.” The school district released the following statement to Scripps station KJRH in Tulsa:"Sequoyah Public School is a patriotic school and surrounding community. Our campus has two sets of American and Oklahoma Flags, with one set including our Eagle mascot flag. Flags are displayed in our classrooms and our students recite the Pledge of Allegiance in their daily routine. We want our students to understand the importance of being patriotic, within the guidelines, and to be very understanding of the Flag Code and flag etiquette. Today was a win/win opportunity to work with students to come up with an appropriate solution for displaying the American Flag, Oklahoma Flag and the Eagle mascot flag on their vehicles while on campus." 2299
Congressional leaders will hold their weekly press conferences on Thursday, their first since it was formally projected that Democrats would hold on to control of the chamber for another two years.Democratic leadership in Congress slammed President Donald Trump's refusal to concede the election to President-elect Joe Biden in a press conference on Capitol Hill Thursday.In comments to reporters, House Speaker Nancy Pelosi highlighted that Trump's election fight comes as the U.S. is facing an unprecedented surge in the COVID-19 pandemic.Watch Rep. Kevin McCarthy's press conference in the video below."The President and the Republicans in Congress have ignored by delay, distortion, denial. Deaths have been caused. And what are they doing now? Continuing to ignore in spite of these numbers of (COVID-19 cases)," she said.Senate Minority Leader Chuck Schumer claimed Republicans were "poisoning the well" by supporting Trump's challenge to the election on unproven claims of widespread voter fraud.Despite nearly all media outlets calling the 2020 election for President-elect Joe Biden, President Donald Trump has said he plans to challenge the results of the election on unsubstantiated claims of fraud. Despite the President's claim, no state has yet reported widespread issues in ballot tallying that would indicate the results of the election are in doubt.While House Minority Leader Kevin McCarthy mostly avoided addressing Trump's specific claims of voter fraud, he said he supports the administration's right to legally challenge the results. He added that all Americans regardless of whom they support should welcome the Trump campaign's challenges, claiming it made the process more transparent and restored faith in the electoral system.McCarthy did not directly respond when asked if he believed Trump's lawsuits would alter the outcome of the election.On Wednesday, The Associated Press formally projected that Democrats had picked up the required 220 seats in order to retain control of the House of Representatives through 2022.Pelosi's comments come as Politico reports that she and other current House leaders are on track to continue serving in their roles when the next Congress is sworn in next year.Pelosi, who is in her second stint as House Speaker (she also served in the same role from 2007 to 2011) has faced criticism from progressive members of the party who claim her moderate politics caused the Democrats to lose seats in the 2020 election.Watch Pelosi's press conference in the video below. 2535
Climate studies often pinpoint the detrimental public health impacts related to rising atmospheric temperatures, extreme weather events and other consequences of a changing climate.A report released by the World Health Organization on Wednesday details the public health benefits that could come with tackling the issue.Meeting the commitments of the 2015 Paris climate agreement could save millions of lives and hundreds of billions of dollars by the middle of the century, according to the report.Meeting the goals put forth in the Paris agreement would be expected to save more than 1 million lives a year from air pollution alone by 2050, it says. Drivers of climate change, principally fossil fuel combustion, contribute to about 7 million deaths worldwide from outdoor and indoor air pollution annually, according to the report.The Paris Agreement is a pledge among representatives from countries around the world to take action against climate change, specifically by reducing their nations' carbon output and halting global warming below 2 degrees Celsius over pre-industrial levels by the end of the century. The United States pledged to withdraw from the landmark agreement last year.Global leaders and officials are now gathering for two weeks of meetings at the 24th Conference of the Parties to the United Nations Framework Convention on Climate Change, or COP24, to create a rulebook that will turn the Paris climate agreement into a workable reality. They aim to establish rules, figure out financing and build ways to verify that nations are meeting their commitments.UN Secretary-General Antonio Guterres called for action Monday in Poland, telling gathered delegates that "we are in deep trouble with climate change." 1743
CINCINNATI – The E.W. Scripps Company (NASDAQ: SSP) is acquiring Triton, the global leader in digital audio technology and measurement services, helping Scripps advance its strategies for near- and long-term value creation.Triton serves the growing digital audio marketplace through a software-as-a-service (SaaS) business- to-business revenue model. Triton powers or measures streaming music and podcasting for many of the biggest names in audio, including Pandora, Spotify, NPR, iHeart, Entercom, Cumulus, Prisa (Spain), Mediacorp (Singapore) and Karnaval (Turkey).Triton’s infrastructure and ad-serving solutions deliver live and on-demand audio streams and insert advertisements into those streams. Triton’s data and measurement service is recognized as the currency by which publishers sell digital audio advertising.Financial highlights include:? The purchase price is 0 million. 901