Showing posts with label News. Show all posts
Showing posts with label News. Show all posts

Friday, 23 March 2018

U.S.A rents rise at fastest peace in nearly 2 year

U.S.A rents rise at fastest peace in nearly 2 year

Rent prices in the United States are rising at their fastest level in 21 months, according to a survey by Zillow.
U.S rent
The survey found that the median rent rose 2.8 percent over the past year to $1,445 per month.
The fastest rates occurred along the West Coast in Sacramento, Calif., Riverside, Calif., and Seattle.

Sacramento saw the fastest rent rise with 8 percent since last February for an average of $1,849 per month.

Home purchases have also suffered due to higher mortgage rates, leading to more people opting to rent instead of buy.

."Rental appreciation slowed between 2015 and mid-2017, but is once again picking up steam, reaccelerating over the past nine months," said Zillow senior economist Aaron Terrazas. "For-sale inventory is tight, and with home prices continuing their rapid climb, it's becoming more and more difficult for renters to become owners, forcing them to rent longer than they otherwise would have. Searching for the 'right' home has become a drawn out affair and rising prices require more savings for a down payment. Were it not for strong new apartment construction over the past half-decade, rental appreciation would be even stronger than it is now."

According to CNBC, apartment occupancy around the country was at 95 percent by the end of 2017 and is expected to increase.

"The country's apartment market remains tight, with product availability generally limited to recently completed properties moving through initial leasing," said Greg Willett, chief economist at RealPage. "Unless a renter can afford that expensive new stock, finding a ready-to-lease unit takes some real work in most locations."

For those looking to get out of the rental market and into a home of their own, the market is more difficult than a year ago. Zillow says that there are 10 percent fewer homes to choose from compared to last year, with San Jose, Calif., Columbus, Ohio and Las Vegas experiencing the sharpest decline in available homes.

San Jose saw a 27 percent decline in available homes over the past year. Columbus and Las Vegas each saw a 24 percent decline.
Anton Yelchin's parents reach settlement with Fiat Chrysler over son's death

Anton Yelchin's parents reach settlement with Fiat Chrysler over son's death

The parents of Anton Yelchin agreed to a settlement with Fiat Chrysler in a lawsuit against the car manufacturer over their son's death.
Actor Anton Yelchin
Actor Anton Yelchin attends the premiere of "Fright Night" at the ArcLight Cinerama Dome, in the Hollywood section of Los Angeles on August 17, 2011. The parents of Yelchin, who died in a freak car accident in June 2016, reached a settlement with the manufacturer of the actor's vehicle on Thursday
Details of the settlement will remain confidential.

"FCA US is pleased that we've reached an amicable resolution in this matter," the automaker said in a statement. "The details of the settlement are confidential. We continue to extend our deepest sympathies to the Yelchin family for their tragic loss."

According to TMZ, the money will go to the Anton Yelchin Foundation, which aims to "empower and support young people engaged in creative arts who face career challenges due to debilitating disease or disability."

Funds will also be used to make a documentary about the actor's life.
Yelchin was 27 when he died in June 2016.

The Star Trek actor was killed in his driveway when his Jeep Grand Cherokee rolled backward and pinned him against the brick pillar of his security gate.
City of Atlanta targeted by ransomware cyberattack

City of Atlanta targeted by ransomware cyberattack

The city of Atlanta's computer systems were targeted by a ransomware cyberattack Thursday morning, city officials said.
The city of Atlanta was targeted by a ransomware cyberattack, like the one pictured here, affecting multiple internal and external applications including applications customers use to pay bills or access court related information
City officials warned that employees and anyone who conducted transactions with the city may have had their information jeopardized by the cyberattack, which caused caused outages to multiple internal and external applications for the city including applications customers use to pay bills or access court related information.

Mayor Keisha Lance Bottoms also said the city was unsure how much sensitive information was compromised and urged employees to monitor their bank accounts to see if their financial information had been accessed.

"Because we don't know, I think it would be appropriate for the public just to be vigilant in checking their accounts and making sure their credit agencies have also been notified," Bottoms said.
The Department of Atlanta Information Management learned of the outages at 5:40 a.m. when workers noticed peculiar activity on the computer network.

"The city of Atlanta has experienced a ransomware cyberattack," said Richard Cox, the city's chief operating officer. "his attack has encrypted some of the city data, however, we're still validating the extent of the compromise."

The public safety department, water services, the Hartsfield-Jackson Atlanta International Airport and the city's emergency 911 response networks, including those used by police and fire departments, operated without incident.

City officials didn't disclose the amount of the requested ransom or if they intended to pay, but Bottoms said they were seeking help from federal agencies.
"Our information management team is working with the FBI, homeland security, also external partners from Microsoft and Cisco Cybersecurity incident response team to help resolve this issue," Bottoms said. "We have been working diligently all day long to try to come to some type of resolution."
Ransomware attacks computers and hold them ransom for a specific amount of money for a decryption key, usually paid in Bitcoin or other cryptocurrency to allow for anonymous transactions.
Alaska lawmakers declare 'linguistic emergency' to save state's native languages

Alaska lawmakers declare 'linguistic emergency' to save state's native languages

Alaska's Native American languages are at the verge of going extinct by the end of the century and the state legislature has asked the governor to declare an emergency to save them.
Tribal members, partners, and National Park Service staff carefully carry the Eagle Pole to a Tribal House site in Alaska. On Thursday, Alaska lawmakers voted to declare a "linguistic emergency" to save the state's 20 indigenous languages.
In a 34-4 House vote, lawmakers passed House Concurrent Resolution 19, which asks the governor to put resources into saving Alaska's 20 indigenous languages through education programs.

"The state is in critical danger of losing those languages and, according to the Alaska Native Language Preservation and Advisory Council, the state may lose the last fluent speakers of all 20 Alaska Native languages by the end of the 21st century if current rates of language loss continue as they have since the 1970s," the bill states. "One Alaska Native language, Eyak, lost its last fluent speaker in 2008."

State Rep. Dan Ortiz, the sponsor of the bill, said the threat of multiple indigenous languages going extinct warranted a "linguistic emergency."

"That's unacceptable, and we should dedicate time and resources to make sure that does not happen," he said in a statement.

The details of how lawmakers plan to preserve the languages remain unclear.
State Rep. Dan Saddler pushed for the bill to "encourage Alaska Native families to use, and practice, and pass on that Alaska Native language on to their children," according to KYUK-TV.
But State Rep. Jonathan Kreiss-Tomkins said that angle might not be unnecessary, pointing to the recent growth of native Alaskan language programs in public schools.

"That is a profoundly positive thing in that comes with public dollars, so there is a role for us," Kreiss-Tomkins said.

The House bill will now go to the state Senate.
In recent years, Alaskan lawmakers have made efforts to preserve the state's native languages.
In 2014, Alaskan lawmakers voted to make all 20 native languages official state languages.
Nearly 20 percent of Scots living in poverty, gov't shows figure

Nearly 20 percent of Scots living in poverty, gov't shows figure

More than 1 million people in Scotland are living in poverty as austerity measures and income rates have declined, according to government figures.
Scottish government
A statue in George Square is covered in the Scottish flag on September 18, 2014. This week, the Scottish government released figures that show 19 percent of its population is living in poverty.
The totals come out to about 19 percent of the total Scottish population and mark an increase of more than 30,000 people since three years ago.

Poverty levels are defined as a single adult with an income of less than £9,700 ($13,688) a year before housing costs are met and £22,200 ($31,329) a year for a family with two adults and two children.

Equalities Secretary Angela Constance said the Scottish government is "absolutely committed" to reducing the poverty rate, the Scotsman reported.

"These figures show the scale of the challenge we face, which is why we are committed to actions that make life better now as well as driving long term change," Constance said. "This includes initiatives such as our major expansion of free childcare as well as our investment of over £100 million every year to protect people from the worst impact of UK Government welfare cuts."

While overall poverty figures have risen over the past two years, the number of children living in poverty has decreased from 260,000 in 2015 to 230,000 last year.

However, the percentage of children living in poverty slightly increased from 23 percent in 2015 to 24 percent last year.

Child Poverty Action said economic assistance would be necessary to improving those numbers.
"Today's figures show yet another rise in child poverty," the organization tweeted. "Poverty damages children's life chances. Ending the freeze on benefits must be a priority to reduce the restrictions poverty places on families."

About 66 percent of children living in poverty have at least one parent working, but Peter Kelly, director of the Poverty Alliance, told the Sunday Post that low wages and rising living costs keep poor families below the poverty line.

"It cannot be right that one million people are now living in poverty in Scotland and that ever more people are having their choices restricted, their opportunities limited and their efforts to get by made even more difficult," Kelly said.