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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
COVID-19’s disproportionate impact on people living with diabetes is a growing concern.The American Diabetes Association says nearly 40% of COVID-19 deaths have been from those with the disease, while 90% of the hospitalizations have been people with diabetes or other underlying conditions.“Diabetes was a health crisis and epidemic in this country before the pandemic, and what the pandemic has done really is shine a very bright light on an old problem,” said Tracey Brown, CEO of the American Diabetes Association.Brown has lived with diabetes for 16 years. She's worried about additional financial struggles brought on by the pandemic.Even before COVID-19, one in four people were rationing their insulin to get by.Brown says the current unemployment rate is higher among people with diabetes. So, the burden has only worsened for those that have lost health coverage because of job loss.The disease also disproportionately impacts people of color living in low income areas.Brown says even now in 2020, every 5 minutes, someone in the U.S. loses a limb because of complications from diabetes.“There are so many comorbidities that go along with this, which is another reason why I talk about the fact that if we want to address the wellbeing of Americans, and improve the wellbeing of Americans, you can't have that conversation without having a conversation about improving diabetes,” said Brown.Brown wants to make sure people with diabetes don't feel like they're alone right now.There's a page of resources available on their website, Diabetes.org. You can also call 1-800-diabetes if you're struggling. 1620
CLEARWATER, Fla. — Hundreds, maybe thousands, of Trump supporters set sail in Clearwater on Saturday in an attempt to break the world record for the largest boat parade.The goal of the event was to draw more than 1,000 boats to travel from Clearwater Beach to the John's Pass area.Pictures from the event show a massive turnout, though the exact number of boats in attendance isn't yet known. 400
Coca-Cola said Friday that it would offer buyouts to 4,000 employees as part of corporate restructuring and said that layoffs could be coming in the future.According to a press release, the buyouts will be offered to employees in the U.S., Canada and Puerto Rico with a hire date "on or before" Sept. 1, 2017. The company said the "voluntary program" would reduce the number of layoffs.According to Coca-Cola's statement, the company's current operating model consists of "17 business units" that will be consolidated into "nine operating units."Following the announcement, Coca-Cola's stock price rose nearly a point in early trading, an increase of just under 2%.According to WSB-TV, Coca-Cola has more than 86,000 employees nationwide. The Associated Press reports that company revenue fell 28% in the second quarter due to the effects from the pandemic, but executives are confident in recovery. 907
CLEVELAND — Chadwick Boseman’s death is putting the spotlight on colorectal cancer.Doctors are concerned about the alarming increase in patients between the ages of 25 and 45 years old who are being diagnosed with colorectal cancer.“I’m seeing younger and younger patients. 22-year-olds, 25-year-olds, 26-year-olds, and it’s left all of us a little bit puzzled as to why this is happening,” said Dr. Alok Khorana with the Cleveland Clinic.Carole Motycka went to the doctor for shoulder pain four years ago.“He ordered some tests and it turned out I had a lot more going on than I anticipated,” Motycka said.Motycka was 42 years old when she was diagnosed with colon cancer. She is now on a mission to bring attention, awareness and education to the disease and the increase in younger patients.“Two decades ago, this was widely recognized as a disease in older people,” said Khorana. He said there has been a substantial increase. “Maybe 100% increase, but rates are still very low,” he explained.Colon cancer is much more common among older people. Black men also have higher rates of the disease.There has been a decrease in colon cancer rates among people 50 years old and above, while an increase in the 25-45 age group. Most young patients do not have a family history of the disease.Experts believe catching colon cancer early is the key to survival. But young people are typically diagnosed much later, and Khorana said the cancer seems to be more aggressive.Doctors don’t yet know what is causing the spike in young people.“There are a lot of clues. There’s been an obesity epidemic in the younger population that came 10 to 20 years before the rise in colon cancer,” said Khorana. “A second clue offered is antibiotic use in young people,” he added.Boseman, who played superhero Black Panther on screen, fought a battle off-screen against colon cancer privately for four years.“It’s sad to know it had to happen to have awareness take place but also it’s good to know we can have the conversation on a bigger platform and stage,” said Motycka.Click here for a look at symptoms of colon cancer. This story originally reported by Tracy Carloss on News5Cleveland.com. 2182