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Consumers are reportedly not pleased with Walmart as the retail giant faces backlash for selling a T-shirt with the words "All Lives Matter" on it.The shirt is being sold by third-party vendor Old Glory, according to Walmart's website.CNN reported that social media users are criticizing the retailer for allegedly "mocking" the Black Lives Matter movement.The T-shirts are being sold online by Walmart.com and Walmart Canada, according to CNN. 452
Commercial construction is experiencing a huge downtown and has yet to recover since it dipped at the start of the pandemic. But in contrast, residential construction is experiencing historic demands.“It's been a remarkable year for housing,” said Robert Dietz, chief economist for the National Association of Home Builders.When the pandemic hit, no one was sure what the impact would be on housing.“People need larger homes; they need to fix up their existing homes and frankly there’s not enough inventory on the marketplace so builders are really busy right now,” Dietz said.So busy, in fact, that some are deciding to buy new homes rather than wait for their projected renovation to start. The NAHB is a trade association with 140,000 members who handle all facets of family construction.“We’re looking this year, we think single family construction will be up almost 10% and that will make it the best year for single-family home building since the Great Recession itself,” Dietz said.But that doesn't, by any means, put anyone in a "perfect" position.“There are headwinds on the horizon and the industry has faced a number of persistent challenges that have reduced housing affordability,” Dietz said. “Those would include the persistent lack of skilled labor, lack of lots in high-demand markets, and of course regulatory costs have been a persistent thorn in the side of the industry causing costs to be higher and pricing out home buyers out of the market.”When demand goes up, supply goes down. Lumber prices are at an all-time high. It's taking months for builders to get their materials and supplies, and people are finding themselves stuck.“It can be a frustrating marketplace because you have those historically low interest rates that you want to take advantage of, you’re looking for more space given the changes to telework and all the factors that have changed as a result of the virus but there’s not the inventory there to meet the demand in front of the industry,” said Dietz.Ken Simonson, chief economist for the Associated General Contractors of America, was asked whether some are considering moving into the residential sector because it's doing so much better than the commercial side. He said, "Home building is really a different market."Simonson said the contractors in his organization do “apartment buildings, every type of non-residential building, infrastructure, highways, water and sewer systems, power plants and so forth.” He said contractors across the national saw an initial rebound, but it's been on a steady decline since the spring.“Non-residential construction, there’s a lot of doubt about whether there’s going to be demand for more stores or offices and whether owners whether they’re private or universities or state and local governments have the money to pay for them,” Simonson said.He says it's different in every state and region. Some niche industries are doing okay, like data centers, and the fields of medical device and health care. But most industries, like hotel and retail, for instance, have just about disappeared.“I have to say I’m pessimistic the construction industry is going to lag the overall economy,” Simonson said. “There are hopeful signs about the economy being able to pick up speed in 2021 if enough people get vaccinated and the vaccine proves to be effective.”Construction tends to take a while to bounce back. And for those who are waiting to move up or move out of their homes, economists say your best bet is patience. 3507
CORONADO, Calif. (KGTV) -- One person has been injured after a school bus crash on Coronado Wednesday afternoon, police say. According to police, the crash happened on 9th Street and Orange Avenue just after 1:30 p.m.Police say the person injured was riding on the bus which belongs to Coronado Unified School District. The district later put out a statement saying, "no significant injuries" were reported. 436
CINCINNATI, Ohio - What will health insurance costs look like in the aftermath of the COVID-19 pandemic?It’s too early to say for sure, said Miami University professor and economist Melissa Thomasson, except that rates almost definitely won’t go down.“There is so much uncertainty right now that insurance companies are probably really reluctant to cut premiums” for the upcoming year, she said Wednesday.They could be more expensive next year to cover lost profit during the pandemic, she said; they could also remain the same. Although millions of Americans lost their jobs in 2020, not all of them had employer-sponsored insurance or represented a hit for their insurance company.“Jobs in retail, service industries, hospitality and leisure, those people typically don't have health insurance coverage,” Thomasson said. “So I think the losses in health coverage were less than we initially feared."Tommie Lewis, a Cincinnati business owner, said his family avoided the doctor’s office for much of the year due to COVID-19 transmission concerns. People across the country have done exactly the same thing; on June 9, the CEOs of the Cleveland Clinic and Mayo Clinic published an opinion piece pleading with readers to stop delaying their medical care over virus fears.The insurance industry could benefit in 2021 from people like Lewis, who had put off their visits, finally returning, Thomasson said. Likewise, it could experience a rebound through new telehealth options — which the Kaiser Family Foundation predicts will be more prevalent — and previously unemployed people going back to work.But Lewis, who is self-insured through his business, said he worries that premiums will rise for families across the country.“I really believe there will be an increase in premiums, and families of four, five, six, are going to have to make real serious decisions on food, shelter, transportation, or health care,” he said.This story was first published by Courtney Francisco at WCPO in Cincinnati, Ohio. 2010
Cooking shows are popular and can be addicting to watch. However, one self-proclaimed diet guru believes shows like the "The Great American Baking Show" should come with a warning that it advocates obesity.Do cooking shows really have an effect on how much watchers end up consuming? Eight in 10 adults watch cooking shows, according to research by MarketingCharts.com. Many of those cooking shows don’t necessarily promote healthy eating. But Dr. Kevin Masters, a professor of psychology at University of Colorado Denver, says you can’t correlate obesity to cooking shows.“The overweight and obesity issue in this country is around--depending on your numbers-- is 60 to 70 percent of the population,” says Masters. “And you’re talking about a very small population even watch these shows, much less we could say are influenced by them.” However, Marketing Charts research also found that 57 percent of those who watch these cooking shows purchase food as a direct result of something they saw on the show. "Some people will plant a thought that they weren't having before,” Dr. Masters explains. “Will it actually lead to action in a particular instance? That's going to depend on a whole lot of other factors." Dr. Masters says you might have people make or buy fatty, sugary food after watching a cooking show, but that doesn't mean these shows are the direct cause of people in America being overweight. "I think what's more likely is the audience attracted to those shows--maybe an audience that's more attracted to that kind of eating anyway--and finds something in the show that's of interest to them." 1689