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With summer officially upon us, working families will be shelling out more money on summer camps and childcare. In fact, a new study out this week shows that a significant number of families will incur credit card debt as a result of childcare costs.The Bankrate.com study shows that one third of parents who will pay for childcare this summer will accumulate credit card debt. It also found that parents will spend an average of almost ,000 per child, and almost a fifth of them will spend more than ,000So, many parents are doing their best to find free activities. Christ Church Denver offers a weeklong vacation bible school for free, and it’s open to any family, regardless of whether they attend church.“We pull a lot of people form the community that’s not just our church, because we offer our program for free,” says Christ Church’s Tammie Sawicki.And FREE is a big selling point to working parents.“Childcare in Denver is relatively expensive,” a mom says as she dropped her kids off. “And summer activities and camps can add up, especially if you have two children.”Lauren Hipp specializes in early learning for the non-profit advocacy group Mom’s Rising. Hipp says it’s a tough time to be a working parent.“Childcare costs have continued to rise over the last couple decades,” Hipp says.She adds that having a stimulating place for kids to go during the summer is key.“Most American children live in families where all available parents are in the workforce,” Hipp says. “So childcare is a real necessity for families and it’s a great opportunity for children to get healthy growth development so they’re ready and successful in life.”Other places to consider that often provide more affordable week-long camps for kids: a local YMCA, parks and recreation department, or a local Council for the Arts chapter. 1836
It's that time of year again: 68 college basketball teams earn bids for the NCAA March Madness tournament. And Berkshire Hathaway employees are given a challenge by their boss.The company's CEO, Warren Buffett, promised million a year for life to the Berkshire employee who picks a perfect bracket through the NCAA tournament's Sweet 16.And Buffett will sweeten the pot if a team from his home state of Nebraska clinches the national title, he announced last month."If either Creighton or Nebraska ends up winning the tournament, we're going to double the prize. So instead of being million, it's gonna be million," he said on CNBC.The odds of winning either are astronomically high.But Berkshire employees don't need perfection to win some money. Buffett gives out 0,000 to the employee who's bracket stays intact the longest.Last year, a West Virginia factory worker won 0,000 for picking 31 of the tournament's first 32 games.Buffett held his first bracket competition in 2014. The inaugural contest, which was open to the public, offered a grand prize of billion for anyone who could correctly pick the winners of all the games. No one won. 1206

A San Diego student's death initially prompted the construction of the bridge that collapsed Thursday at Florida International University.Alexis Dale, an 18-year-old FIU freshman from San Diego, died in August 2017 when she was hit by a vehicle at the intersection of Southwest 8th Street and 109th Avenue near the school, according to the Miami Herald.Dale had just started studying information technology in June, the Herald reported.The bridge that collapsed Thursday was being built at the intersection where Dale died as a way for people to cross the busy street safely.At least nine people were trapped and at least six people died due to the bridge collapse in Miami."I am heartbroken at the news of the collapse of the pedestrian bridge on 8th Street and the resulting devastation. We send our deepest condolences to the victims and their families," FIU President Mark Rosenberg said in a statement.FIU students are currently on spring break vacation. 993
YORK COUNTY, Va. – More than 60 vehicles were involved in a chain reaction crash on I-64 in eastern Virginia Sunday morning. Authorities believe fog and ice were the cause. The pileup, about 50 miles east of Richmond, closed both sides of the interstate, authorities said. Photos from the 301
American Apparel is coming back.Gildan Activewear, the Canadian company that owns the clothing brand, announced on Thursday that it will open a physical American Apparel store in Los Angeles this fall.American Apparel filed for bankruptcy in 2016. This will be the first location to open since May 2017, when Gildan finished liquidating the stores that were still open. Gildan is not planning to open others."We're treating this as a flagship pilot store," said Garry Bell, vice president of corporate marketing and communications for Gildan. He said the store will be "very experiential and very interactive," but did not provide details.The news was reported earlier by Bloomberg.Before the liquidation, American Apparel had 110 stores in the United States and a total of 193 locations worldwide, according to a court filing.Gildan, which also owns the tights brands Peds and Kushyfoot, purchased the American Apparel trademark after the company filed for bankruptcy. Then it relaunched American the brand online in the United States in August 2017.Several retail stores have recently declared bankruptcy as shoppers increasingly move online. Last year, US store closing announcements more than tripled and set a record, according to the retail think tank Fung Global Retail and Technology.Bon-Ton Stores, one of the country's largest department store companies, said in April that it plans to liquidate all 256 of its stores, which include Bon-Ton, Boston Store and Carson's. In March, Toys "R" Us said that it was closing all of its US stores.But American Apparel faced unique challenges. The company, which was known for its racy ads, fired its controversial founder and CEO, Dov Charney, twice in 2014 amid allegations of mismanagement and violations of the company's sexual harassment policies.The 2016 bankruptcy filing noted that "over the last two years, the company lacked a marketing plan and engaged in ad hoc advertising that lacked focus." 2003
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