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For many millennials, the dream of homeownership was far off. But one of the most unusual yet positive fallouts from the coronavirus pandemic has been some younger adults seeing the value of low-cost living."I'm fortunate to have been able to save during the pandemic," Paige Feingenbaum said.The 34-year-old was able to keep her job during the pandemic."I know have five digits in my bank account," she said. "I just personally never thought that could be possible for me."She's in a much better financial position and able to move forward as a first-time homebuyer. WPTV "I'm able to save so much money by not going to ticketed events, not going to movies, not eating at restaurants, spending so much more time at home," Paige Feingenbaum says. "I'm able to save so much money by not going to ticketed events, not going to movies, not eating at restaurants, spending so much more time at home," she said.Bonnie Heatzig, a South Florida Realtor, said her clients have shared that COVID-19 taught some valuable life lessons."Life under lockdown has definitely changed the financial habits of a lot of millennials. Two out of three millennials are also saying the lockdown had a positive effect on their savings," she said. "In the pre-COVID period, there was a tremendous amount of social pressure on millennials to go to the right restaurants. They memorialized their evenings out on social media. There was this fear of missing out."Now, the value of homeownership is back. Zoom "Life under lockdown has definitely changed the financial habits of a lot of millennials," South Florida real estate agent Bonnie Heatzig says. "Circles back to the importance of loving the space you are in," Heatzig said.Feingenbaum now wonders if she'll be more of a homebody."Which is enabling them to make that down payment," Heatzig said.But it's not necessarily an easy market for buyers."It's a very strong seller's market," she said. "The inventory is very low."Part of that spreads beyond new first-time buyers to "people who are looking to relocate to South Florida from crowded metropolitan areas," Heatzig said.It's a new yet crowded field in the South Florida real estate market.This story was first reported by Tory Dunnan at WPTV in West Palm Beach, Florida. 2344
Ford could resume production on its F-150 trucks as soon as next week.The company told employees that they should expect to return to work at its plants in Dearborn, Michigan and outside of Kansas City, Missouri on May 18, a Ford spokesperson said on Friday. The company suspended production at the two plants — the only ones that make the truck — after a fire at a supplier's facility caused it to run out of parts.The F-150 has been the top selling US vehicle by any manufacturer for more than 40 years. It's a key profit generator for Ford.The automaker halted production at the Dearborn location on Wednesday, after temporarily closing the location in Missouri."This is a fluid situation," Joe Hinrichs, president of global operations at Ford said in a statement on Wednesday. He added that "any impacts will be short term." 836
For students whose summer plans fell through, organizations across the country are working to make sure internships are still a possibility.The DeBruce Foundation is teaming up with partners to provide students a virtual head start in their careers.The national nonprofit foundation, based in Kansas City, Missouri, works to expand pathways to economic growth and opportunity. One of those ways is student success and internships.However, this summer, they had to pivot their summer plans due to COVID-19.According to Glassdoor, internship hiring fell 39 percent in April 2020 compared to the same time last year."We’re building talent and sometimes it’s talent for today, but sometimes it’s talent for tomorrow," The DeBruce Foundation Senior Director, Robin Smith said. "And so our work pipeline suffers if we don’t have those ways for people to gain work relevant skill. And so it functions on that level and then individuals' level of really connecting talent and opportunity."That's why the foundation is seeking out opportunities, not only to hire their own interns but partnering with area organizations that help students get internships."There are different partners that we work with that they wanted to test and try virtual internships," Smith said. "We were able to provide financial support for them and also different kinds of tools that we use."Hire KC, Startland Internship and Urban Leadership Fellowship are the partners the Foundation is working with and providing funding to allow more students the opportunity for a virtual internship.Alex Oleson, a rising senior at St. Louis University, is The DeBruce Foundation for this summer and says it's been a fairly smooth transition going into a virtual internship after completing online learning for the last three months."In some instances, it does give you a bit more flexibility," Oleson said. "It’s kind of like working from home but I like it and I like that there’s definitely an aspect of dependability."Oleson is studying political science with a minor in economics and urban poverty studies. He said he's been able to delve into various areas with the foundation, including strategic planning, media, marketing and communications and product development, where he's able to provide his insight.The foundation also has a product development lab. Some of their career corps. students participate in a paid, virtual experience to help the foundation with its professional development tools.This story was originally reported by Rae Daniel on kshb.com. 2532
Following Bill Clinton’s sharp rebuke of President Donald Trump Tuesday evening, Barack Obama gave his sharpest scolding of Trump since inauguration day.In Obama’s speech he delivered Wednesday at the Democratic National Convention, Obama lashed Trump for his approach to the presidency.“I did hope, for the sake of our country, that Donald Trump might show some interest in taking the job seriously; that he might come to feel the weight of the office and discover some reverence for the democracy that had been placed in his care,” Obama said.“But he never did. He’s shown no interest in putting in the work; no interest in finding common ground; no interest in using the awesome power of his office to help anyone but himself and his friends; no interest in treating the presidency as anything but one more reality show that he can use to get the attention he craves.”Obama, who was largely silent during the first three years of Trump’s tenure, has become more vocal during this election year. While generally avoiding direct shots at Trump, Obama has prodded Trump for his handling of a number of situations. But his speech Wednesday went as the sharpest reproach Obama has delivered on Trump.“Donald Trump hasn’t grown into the job because he can’t,” Obama said. “And the consequences of that failure are severe. 170,000 Americans dead. Millions of jobs gone. Our worst impulses unleashed, our proud reputation around the world badly diminished, and our democratic institutions threatened like never before.”Trump, who got word late Wednesday of Obama’s censure, responded in kind.“When I listen to this and see the horror that he left us, the stupidity of the transactions that he has made. Look what we are doing,” Trump said. Trump continued by boasting about building the border wall and improving the economy since Obama left office."“President Obama did not do a good job,” Trump added. “The reason I am here is because President Obama and Joe Biden, because if they did a good job, I would not be here. Probably if they did a good job, I would not have even run. I would've been very happy.” 2113
FREDERICK, Md. – A Maryland man is facing federal charges after allegedly threatening the lives of Democratic presidential nominee Joe Biden and his running mate Kamala Harris.A federal criminal complaint filed Thursday charges 42-year-old James Dale Reed of Frederick with threatening a major candidate for president or vice president.An affidavit filed in support of the complaint says a letter threatening the former vice president and current U.S. senator was left on the doorstep of a Frederick resident in the early morning hours on Oct. 4.The handwritten letter included the follow passage: (Warning: It is graphic and disturbing) 645