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LOUISVILLE, Ky. -- Senate Majority Leader Mitch McConnell says there will be a peaceful transfer of power if Joe Biden wins the 2020 presidential election.When asked by WLEX's Karolina Buczek if a peaceful transfer of power would take place once the election is settled and the former vice president ends up winning the Electoral College, McConnell responded with "of course" on Friday. 394

Members of the largest nurses union in the country held a memorial for the more the 164 nurses who have died of COVID-19 in Washington on Tuesday and called on Congress to pass legislation that they said would provide more nurses with personal protective equipment.Members of National Nurses United placed 164 pairs of white shoes on the lawn of the U.S. Capitol building Tuesday while the names of nurses who have died of the virus were read aloud."There are no words that can fully express the anger and the sadness I feel this morning," Stephanie Simms of the United Nurses Union said, according to ABC News. "Mothers, fathers, brothers and sisters, sons and daughters. All gone."The union held a similar event at the White House in May, when they placed 88 pairs on the ground.The union also called on the Senate to pass the HEROES Act, a COVID-19 stimulus bill introduced by Democratic representatives that passed the House of Representatives in May. However, Senate Majority Leader Mitch McConnell (R-Kentucky) says the Senate will not consider the House bill.The HEROES Act contains a provision that would increase the production of personal protective equipment through the National Defense Act. Nurses have reported difficulty in getting such equipment — including N95 masks, gloves and protective gowns — in some parts of the country."How many of these frontline nurses would be here today if they had had the equipment they needed to do their jobs safely?" Zenei Cortez, a registered nurse and president of National Nurses United, said in a statement. "We urge the Senate to act now to pass this bill, and to make sure that an OSHA emergency standard on infectious diseases for frontline workers is promulgated and the Defense Production Act is fully invoked so that PPE can be mass-produced in the volumes required."Bipartisan talks are currently underway for another round of coronavirus stimulus. While the HEROES Act provides more direct payments to American citizens like the CARES Act, President Donald Trump and some Republicans have said they prefer funds to be provided through a payroll tax cut, which they said would encourage employment. However, opponents argue that the country's current unemployment rate makes such a plan not feasible. 2270

Micheal Brown stared at the acceptance letter in front of him: It said yes.So did the next one. And the one after that.The 17-year-old from Houston applied to 20 of the best universities in the US. He was admitted to every single one with a full ride and 0,000 in additional scholarship offers."It's something I'm proud of because I see my hard work paying off, determination paying off, sacrifices paying off," the student told CNN. 444

Lumber stocks are at a historic high. We haven't seen these numbers since the 2008 housing boom and then crash. Experts say that's in part because of the housing market and record low mortgage rates.2020, the unprecedented year where nothing goes as expected, has brought us what realtors call a "sellers' market"."There’s plenty of buyers in the marketplace, but not enough supply so what we are seeing is multiple offers happening frequently on mid-price homes. So heavy competition in the marketplace.” Dr. Lawrence Yun, chief economist for the National Association of Realtors, said.The country's largest trade organization has 1.4 million members who help people buy and sell homes. Dr. Yun says the nation's housing market has even surpassed pre-pandemic sales. He attributes a lot of that to low mortgage rates and people realizing that working from home means they need more room.“Because of the strong demand for housing and we have a shortage of homes in the marketplace, so whatever home builders build, they can find a buyer so they build more homes. But one of the constraints is lack of construction workers along with the material cost that goes into construction, such as lumber,” says Dr. Yun, who also pointed out the country's underproduction.“Home builders have been producing below historical average for 10 straight years and the cumulative effect of underproduction is we don’t have sufficient inventory and that is the reason why home prices are rising and we need to build more homes to get into balance,” added Dr. Yun.Which is why, Laura Gonzalez, associate professor of Finance at California State University Long Beach, says we're experiencing a supply and demand situation when it comes to wood.“We just don’t have enough wood,” Gonzalez said. “It's difficult to make it ready and then transport it because of the pandemic. It's not that the industry is changing its just that we have had a shift both in supply and demand.”Gonzalez also says it's the basic equation of high demand meaning lower supply, which sends prices up and stocks soaring. Then there's the factor of where our wood comes from. She says, “We import some of our lumber from Canada both from lumber and other products. If we depend on other nations, we are more susceptible to changes in supply.”So, what comes next?“The issue of supply versus demand is going to correct in two years, but the opportunities for climate finance are ongoing that is not going to finish,” Gonzalez said.Which is why Dr. Yun says home prices will hold firm, and if you're waiting for a ‘burst’ or for prices to decrease, you might be waiting a while.“In future years, mortgage rate will certainly rise and that will choke off some of the demand, but hopefully we have adequate supply so we have a more balanced market condition where prices rise in manageable, 3-4% each year and people will feel comfortable at that rate of price appreciation,” says Dr. Yun.Dr. Yun recommends if you want or need to buy, don't overstretch your budget as the competition is fierce out there. If you want to sell, don't get greedy and overprice because your home will get stuck on the market. It's yet another aspect to this odd year that has brough the unexpected to us all. 3245

LOUISVILLE, Ky. -- Senate Majority Leader Mitch McConnell says there will be a peaceful transfer of power if Joe Biden wins the 2020 presidential election.When asked by WLEX's Karolina Buczek if a peaceful transfer of power would take place once the election is settled and the former vice president ends up winning the Electoral College, McConnell responded with "of course" on Friday. 394