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Black homeowners had the smallest wealth gains over the past decade except in San Jose and these California cities

Published Fri, 22 Nov 2024 06:52:14 GMT

Homeownership remains a key to building wealth. But a new study from the National Association of Realtors underscores the persistence of substantial inequities along racial and income lines over the past decade.Home appreciation since 2012 was greater for higher-income homeowners than for lower-income homeowners.Middle-income homeowners gained $122,100 in wealth, with homes appreciating 68% over the past decade, according to the report. Low-income homeowners were able to build $98,900 in wealth in that time from home price appreciation only, while upper-income households saw an increase of $150,800.The study considered a household low-income if it earned an income no greater than 80% of the area median income. Middle-income homeowners are those with incomes over than 80% of the area’s median income but less than 200%. Upper-income homeowners are those with incomes greater than 200% of the area’s median income.“This analysis shows how homeownership is a catalyst for building wealth f...

Supreme Court extends access to abortion pill

Published Fri, 22 Nov 2024 06:52:14 GMT

By Mark Sherman | Associated PressWASHINGTON — The Supreme Court has temporarily extended women’s access to an abortion pill until Friday while the justices consider whether to allow restrictions on mifepristone to take effect as a legal challenge to the medication’s Food and Drug Administration approval continues.In an order signed by Justice Samuel Alito on Wednesday, the court indicated it will act by Friday night. Alito provided no explanation for why the court put off a more lasting decision.The justices had given themselves a deadline on Wednesday in a fast-moving case from Texas in which abortion opponents are seeking to roll back FDA approval mifepristone. used in the most common method of abortion in the United States.The drug first won FDA approval in 2000, and conditions on its use have been loosened in recent years, including making it available by mail in states that allow access.The Biden administration and New York-based Danco Laboratories, the maker of th...

Potomac Yard Metro station to open next month

Published Fri, 22 Nov 2024 06:52:14 GMT

(new Image()).src = "https://capi.connatix.com/tr/si?token=9be9c680-c459-4acb-af21-654a2ccca384&cid=c2ffed0c-3624-46c0-b10f-97c976d290a3";cnx.cmd.push(function() { cnx({ playerId: "9be9c680-c459-4acb-af21-654a2ccca384",mediaId: "4486d05c-be1c-47c7-bf0a-a4bfb69c34fd"}).render("c87b401f95c44bb6ade7b389c6a63d40"); });The long-awaited and often-delayed Potomac Yard Metro station will welcome riders on Friday, May 19.When riders travel to the station, they may be awestruck by its excellent views and pleasant aesthetic.“The only reason we’re standing here is because our community never gave up on this project. Our community has been pushing for this station for a generation and beyond,” Alexandria Mayor Justin Wilson told reporters during the opening announcement.The station is located in the fastest-growing area of Alexandria, Virginia, between the Reagan National and Braddock Road stations. It is only the second-ever in-fill station — a station built between two extant st...

First Industrial Realty Trust: Q1 Earnings Snapshot

Published Fri, 22 Nov 2024 06:52:14 GMT

CHICAGO (AP) — CHICAGO (AP) — First Industrial Realty Trust Inc. (FR) on Wednesday reported a key measure of profitability in its first quarter. The results surpassed Wall Street expectations.The Chicago-based real estate investment trust said it had funds from operations of $79.5 million, or 59 cents per share, in the period.The average estimate of six analysts surveyed by Zacks Investment Research was for funds from operations of 57 cents per share.Funds from operations is a closely watched measure in the REIT industry. It takes net income and adds back items such as depreciation and amortization.The company said it had net income of $56 million, or 42 cents per share.The real estate investment trust, based in Chicago, posted revenue of $149.4 million in the period, also exceeding Street forecasts. Four analysts surveyed by Zacks expected $143.6 million.First Industrial Realty Trust expects full-year funds from operations to be $2.35 to $2.45 per share._____This story was generate...

National Bank Holdings: Q1 Earnings Snapshot

Published Fri, 22 Nov 2024 06:52:14 GMT

GREENWOOD VILLAGE, Colo. (AP) — GREENWOOD VILLAGE, Colo. (AP) — National Bank Holdings Corp. (NBHC) on Wednesday reported net income of $40.3 million in its first quarter.The bank, based in Greenwood Village, Colorado, said it had earnings of $1.06 per share.The holding company for NBH Bank posted revenue of $128.2 million in the period. Its revenue net of interest expense was $109.6 million, which missed Street forecasts._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on NBHC at https://www.zacks.com/ap/NBHCSource

Las Vegas Sands: Q1 Earnings Snapshot

Published Fri, 22 Nov 2024 06:52:14 GMT

LAS VEGAS (AP) — LAS VEGAS (AP) — Las Vegas Sands Corp. (LVS) on Wednesday reported first-quarter net income of $147 million.On a per-share basis, the Las Vegas-based company said it had net income of 19 cents. Earnings, adjusted for one-time gains and costs, were 28 cents per share.The results topped Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of 17 cents per share.The casino operator posted revenue of $2.12 billion in the period, also beating Street forecasts. Six analysts surveyed by Zacks expected $1.83 billion._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on LVS at https://www.zacks.com/ap/LVSSource

Stars’ Joe Pavelski in concussion protocol, return unclear

Published Fri, 22 Nov 2024 06:52:14 GMT

DALLAS (AP) — Dallas Stars center Joe Pavelski returned to the team Wednesday, but didn’t take part in the morning skate before Game 2 of their first-round playoff series against Minnesota. It remained unclear when he might be able to get back on the ice.Stars coach Pete DeBoer acknowledged that Pavelski was in concussion protocol, adding “I don’t think that’s a secret.” Pavelski was excused from a team meeting Tuesday.“Just getting better every day. … He looked better today,” DeBoer said. The 38-year-old Pavelski hit his head on the ice after a crushing hit from Minnesota defenseman Matt Dumba midway through the second period of Game 1 on Monday night, a game the Wild won 3-2 in double overtime. Pavelski missed the first six games of the Western Conference semifinals for San Jose against Colorado in 2019 after a hit he took in Game 7 of the first-round series against Vegas. Pavelski was the Sharks captain at the time, and DeBoer was their coach. The Golden Knights were ...

Mets’ Scherzer ejected for sticky stuff after umpire check

Published Fri, 22 Nov 2024 06:52:14 GMT

LOS ANGELES (AP) — Max Scherzer was ejected from the New York Mets’ game at the Los Angeles Dodgers on Wednesday after umpires did a customary check of his glove before the bottom of the fourth inning.Scherzer was furious when tossed by umpire Phil Cuzzi following the inspection of his glove and a lengthy conversation that included plate umpire Dan Bellino, the crew chief. The 38-year-old right-hander already had been told by umpires to change his glove before he took the mound one inning earlier in the bottom of the third.Scherzer yelled “It’s rosin!” at Bellino and Cuzzi before his ejection.Mets manager Buck Showalter came out of the dugout for a lengthy discussion with the umpires while Scherzer reluctantly went to the dugout.Scherzer pitched three scoreless innings of one-hit ball before his ejection from his fourth start of the season.___AP MLB: https://apnews.com/hub/MLB and https://twitter.com/AP_SportsSource

First firefighting camp for girls coming to Kingston

Published Fri, 22 Nov 2024 06:52:14 GMT

A group of female firefighters from Kingston and surrounding areas are bringing a free firefighting camp for girls to Kingston this July. The camp is offered by Women in Fire YGK in partnership with Kingston Fire and Rescue, and will be open to those who identify as a girl aged 15-18. Chantal Rice, a volunteer firefighter and member of Women in Fire YGK, said they’ve wanted to hold the camp for a few years and this year have enough women locally who are volunteer or career firefighters to put a board together. Rice says its an opportunity for young girls to see firefighting as an accessible career to them, and ultimately to build confidence. “It’s an incredible opportunity for girls to try new things and realize that they are capable of doing more than they think they are,” Rice said.“And our goal really is to build confidence.”Rice said something like this wasn’t available when she and her cohorts were younger, and if it was they might have...

Wind near Denver airport causes hundreds of flights to be diverted

Published Fri, 22 Nov 2024 06:52:14 GMT

DENVER (KDVR) -- Winds near Denver International Airport on Wednesday caused the Federal Aviation Administration to order a ground stop, with hundreds of flights being diverted to other airports.DIA told FOX31 that this could cause arrival delays of up to an hour and 30 minutes.According to Pinpoint Weather Meteorologist Jessica Lebel, the wind was gusting up to 36 mph at DIA. These winds were being caused by rain showers in the area.Many of the flights were being diverted to Colorado Springs Airport, with 24 domestic flights and 1 international flight going there as of 3:35 p.m.