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LOUISVILLE, Ky. — Authentic is the winner of the 146th running of the Kentucky Derby.The Bay Colt held off a surging Tiz the Law down the final stretch Saturday evening.Authentic’s trainer, Bob Baffert, now has six career Kentucky Derby victories, tying Ben Jones for most of all-time. It's Baffert's 16th career triple crown victory, the most of all-time.It is also Hall of Fame jockey John Velasquez's third Kentucky Derby win.This is Authentic's fourth win in five career races. He finished second at the Santa Anita Derby.The Kentucky Derby was held at Churchill Downs after being postponed for four months because of the COVID-19 pandemic. The race was held without fans in the stands or the infield to prevent the spread of the coronavirus.Tiz the Law was the favorite to win the race after winning the Belmont Stakes, the kickoff to this year's reconfigured Triple Crown. Saturday's loss is his first loss since November 2019. He also entered the race as the only horse in the field with four straight victories.Authentic wins the Kentucky Derby!! pic.twitter.com/OiSrJEcvZz— Kentucky Derby (@KentuckyDerby) September 5, 2020 Headed back to the barn a Kentucky Derby Champion. ?? ?? pic.twitter.com/0gqmWIWc8y— Kentucky Derby (@KentuckyDerby) September 5, 2020 This story was originally published by Eli Gehn at WLEX. 1332
MANILA, Philippines (AP) — An undersea 6.9 magnitude earthquake has struck off the southern Philippines, prompting the potential to generate a tsunami.No casualties or damage have been reported immediately on Saturday.The U.S. Geological Survey says the quake hit at a depth of 60 kilometers (37 miles) south of Davao city in the main southern region of Mindanao.According to the Pacific Tsunami Warning Center (PTWC), hazardous tsunami waves were possible within 300 kilometers (186 miles) of the epicenter along the coasts of the Philippines and Indonesia. The alert sent panic through the area, forcing people to scramble out of malls and buildings within the area, the Associated Press reported.The alert has since been called off by the PTWC. 756
Mary Winston Jackson (1921–2005) successfully overcame the barriers of segregation and gender bias to become a professional aerospace engineer and leader in ensuring equal opportunities for future generations. 217
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
Many school districts around the United States have yet to declare what the upcoming school year will look like for students, whether they’ll be heading back into a school building to learn or continue remote learning. Some districts could offer a combination of both.However, as school districts and elected leaders mull over a decision, more and more parents around the country are starting to look into the idea of micro-schooling.“On March 13, our kids jumped off the school bus. Altogether, there’s nine of them in our neighborhood,” said Jennifer Quadrozzi, who lives in Massachusetts. “They were super excited. It sounded like a vacation to them. They had two weeks off, but that turned into the rest of the school year.”Quadrozzi and her 7-year-old daughter spent the end of the school year and all summer socially distancing with a group of parents and kids in their community.“We call ourselves ‘The Bubble,’” said Quadrozzi.To keep her daughter protected in their bubble, she has become one of the many parents around the country considering micro-schooling for the upcoming school year.“Right now, there are three families that are considering it. That age range would be from first grade to third grade, and we would follow the curriculum that was developed by our community, our schools,” added Quadrozzi.With micro-schooling, a few families join together to create a homeschooling pod. Quadrozzi is planning on converting her daughter’s playroom into the classroom. They’re leaning towards paying an educational facilitator to teach the children during the week.“That could be anyone from a retired teacher, to a teacher’s aide, to anyone who got laid off,” said Quadrozzi.One of the concerns around micro-schooling pods is that there are many parents who can’t afford to pay someone else to teach their kids. However, there are some parents finding a way to make micro-schooling pods more affordable.“I am a stay-at-home mom and I realize I am very fortunate to be able to do that, but the other parents in our pod are working parents,” said Gentel Larochelle.Larochelle’s pod has each parent teaching their group of five kids, one day of the week.Not only is their micro-schooling pod model more cost-effective, but it frees up time for some parents who have to work.“If this is something that parents want to do, the options are there for them it just takes a little creativity and a little bit of sacrifice,” Larochelle added.Pods can be formed, organically, with your friends and family, or there are Facebook groups now forming in almost every state around the country where parents are making connections.These two Massachusetts moms have learned the key to creating a pod is starting your search early. You’ll need time to talk with other parents that may be in your group about mostly creating a set of rule or pact for your pod, especially around social distancing outside the created classroom. Because the main reason for micro-schooling is to give kids some socialization while reducing their health risks.“My genuine hope is that this is a one-year thing and that by next fall, things are much, much different,” said Larochelle. 3165