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Those wanting to save some money by purchasing a used car may be in for sticker shock. The used vehicle market is seeing an “unseasonal sharp uptick due to unique market conditions” because of the coronavirus pandemic.This also means those with a used car sitting around could get top dollar for a trade-in or sale.Edmunds, which has been tracking automotive trends since the 60s, says the average used car listing price was 8 more in July than in June. Large trucks had the biggest one-month jump, with listing prices ,301 more in July than in June.Meanwhile, trade-ins are, on average, seeing 16.4 percent more value in July compared to June. And those used vehicles are not sticking around on the lots for long. In June, it was taking an average of 44 days to turn around a used car, and in July, it was down to 38 days. This is the steepest one-month decline in Edmunds history of keeping records."It's a seller's market right now. Although used vehicles continue to offer significant discounts compared to new, used-car shoppers will find themselves in the unusual position where they might not have as much negotiation power because demand is so high and dealers will be less inclined to be flexible," said Ivan Drury, Edmunds' senior manager of insights in a release from the company."If you're in the market for a used car, what you see in terms of pricing is likely what you're going to get, so do your research and be prepared to act quickly if you have your heart set on a vehicle."The reason behind the sharp increase in demand for used vehicles is for a variety of pandemic-related causes, says Drury.Consumers are being more cost-conscious right now as unemployment is high, interest rates and offers from dealers are favorable for car buying, and inventory has been “severely limited on the new side.”Automakers closed their factories for several weeks earlier this year as states issued stay-at-home orders to control the coronavirus pandemic. That led to a decline in inventory for new vehicles.Edmunds recommends buyers and sellers/traders do their homework and find out what the value of their specific vehicle is. 2146
Today, millions of Americans who didn't have high blood pressure before have it now. This is the first time the definition for hypertension has changed in 14 years. Now 103 million people will have high blood pressure.Based on new guidelines from the American Heart Association and other health groups, 130 over 80 is the number that means you have high blood pressure. That reading has historically been considered normal. But now, it's stage 1 hypertension, and it means 46 percent of U.S. adults, many of them under the age of 45, have the disease."So do people need to run out and get medication right now? The short answer is no," Dr. Sam Aznaurov, cardiologist at Presbyterian/St. Luke's Medical Center, said.Dr. Aznaurov said the only way people in this range would have to start medication is if they have another underlying cardiac disease. Your risk doesn't change either. Instead, it's a wake up call. ""I'm looking at this as more of the start of a formal conversation," Dr. Aznaurov says. "Saying, 'Hey maybe you should get a blood pressure cuff at home and start monitoring that blood pressure and bring in those numbers for us to review together at your next visit.'"The lower score is expected to triple the number of younger men considered hypertensive and double the number of younger women with high blood pressure. So if not medication, what can you do? Doctors say make lifestyle changes. For starters, cutting back on salt, carbs, tobacco and alcohol.Dr. Aznaurov says, "It's weight loss, exercise. It's getting plenty of sleep. It's treating underlying related conditions." If successful, the study's authors say these things can significantly lower your numbers, and risk of heart attack and stroke."The bottom line is that yeah we really do really see visible results with those changes," Dr. Aznaurov says.Under the new guidelines normal blood pressure will be considered anything less than 120 over 80. 1962
T-Mobile and Sprint finally agreed to a massive telecom merger after years of negotiations punctuated by two breakups.The billion merger, announced Sunday, values Sprint near its current share price of .50.The tie-up would position the telecom companies as fiercer competitors to Verizon and AT&T, which have long dominated the US market."I'm excited to announce that @TMobile & @Sprint have reached an agreement to come together to form a new company -- a larger, stronger competitor that will be a force for positive change for all US consumers and businesses! Watch this & click through for details." said T-Mobile CEO John Legere, in a tweet Sunday.A report that the deal was getting close drove up Sprint's stock price by 8% on Friday and T-Mobile's price edged up as well. The stock price for SoftBank, a Japanese conglomerate with a majority stake in Sprint, rose by 3%.Sprint and T-Mobile first discussed a merger in 2014 but scrapped it because of concerns about regulatory challenges from the Obama administration.The companies expected to have a better shot at the merger under the Trump administration.Sprint stock tanks as T-Mobile merger said to collapseSoftBank CEO Masayoshi Son met with Trump the month before he took office to talk up an investment in US businesses.A few weeks later, T-Mobile's Legere said he was open to "various forms of consolidation" when asked about a potential merger with Sprint and SoftBank under the Trump administration.But last November, after much speculation, the two companies issued a statement saying they "have ceased talks.""While we couldn't reach an agreement to combine our companies, we certainly recognize the benefits of scale through a potential combination. However, we have agreed that it is best to move forward on our own," Marcelo Claure, the Sprint CEO, said at the time.Sprint and T-Mobile's announcement is just the latest step in an ongoing movement towards telecom consolidation. AT&T is in talks to acquire Time Warner, which owns CNN and CNNMoney. The outcome of that billion merger-in-the-making depends on a case in federal court, which is pending the decision of the judge. 2203
This booking photo provided by the Glynn County Sheriff’s Office shows William “Roddie” Bryan Jr., who was jailed Thursday, May 21, 2020, in Brunswick, Ga., on charges of felony murder and attempted false imprisonment. Bryan is the third person charged in the fatal shooting of Ahmaud Arbery on Feb. 23, when a white father and son armed themselves and pursued Arbery after seeing him running in their neighborhood. (Glynn County Sheriff’s Office via AP) 463
This week, more than 150 people, including author J.K. Rowling and other academics, journalists and writers, signed on to an open letter published in Harper’s Magazine calling for an end to the so-called cancel culture.The piece, “A Letter on Justice and Open Debate” argues that being quick to cancel someone or something could lead to a silencing of viewpoints and less reforms.“The free exchange of information and ideas, the lifeblood of a liberal society, is daily becoming more constricted. While we have come to expect this on the radical right, censoriousness is also spreading more widely in our culture: an intolerance of opposing views, a vogue for public shaming and ostracism, and the tendency to dissolve complex policy issues in a blinding moral certainty,” the letter reads.The letter is in response to a growing trend of canceling people and entities over past or present statements.What is cancel culture? It refers to removing support for a public figure or leader in response to that person’s objectionable behavior or opinions. Removing support can include boycotts, canceling appearances or performances, refusing to promote that person’s work, etc.The phrase cancel culture has come into being the last few years to talk about actions being taken during movements like #MeToo, #BlackLivesMatter and other social justice conversations that are demanding greater accountability from public figures and a reckoning with their past comments or behaviors. Examples include big names like Bill Cosby, Harvey Weinstein, and R Kelly.Last month, Ivanka Trump, President Trump’s daughter and presidential advisor, tweeted that she believed a canceling of a commencement speech at a school at Wichita State University was part of a cancel culture. 1767