Video Credit: Wibbitz Top Stories - Duration: 01:31s - Published
US Makes Promise to Conserve Old-Growth Forests
US Makes , Promise to Conserve , Old-Growth Forests .
On December 19, the Biden administration committed to
conserving old-growth trees in national forests across the
United States as the impact of climate change intensifies.
On December 19, the Biden administration committed to
conserving old-growth trees in national forests across the
United States as the impact of climate change intensifies.
ABC reports that those threats include more
frequent and intense wildfires, invasive
insects and succumbing to disease.
According to Agriculture Secretary
Tom Vilsack, the agency would adopt an
"ecologically-driven" approach to old forests.
.
According to Agriculture Secretary
Tom Vilsack, the agency would adopt an
"ecologically-driven" approach to old forests.
.
That approach will reportedly include the first
nationwide amendment to U.S. Forest Service
plans since the agency was founded 118 years ago.
The announcement comes following longstanding
calls from environmentalists to preserve
old forests that provide critical habitat for wildlife.
.
Their efforts have been opposed by the timber industry
which has fought against restrictions placed
on logging rights in government-owned lands.
ABC reports that the Biden administration's
latest efforts appear to aim for a middle
ground between the two sides.
ABC reports that the Biden administration's
latest efforts appear to aim for a middle
ground between the two sides.
The new plan significantly limits commercial timber
harvests in old-growth forests, while still allowing logging
in "mature forests" that are not yet at the old-growth stage.
The new plan significantly limits commercial timber
harvests in old-growth forests, while still allowing logging
in "mature forests" that are not yet at the old-growth stage.
This creates a commitment
to resiliency, a commitment to
restore and protect the existing
old growth that we have
from the threats that we see, Tom Vilsack, United States Agriculture Secretary, via ABC.
A series of wildfires over recent years have
highlighted the urgency of the issue, destroying
thousands of old-growth sequoia trees.
.
A series of wildfires over recent years have
highlighted the urgency of the issue, destroying
thousands of old-growth sequoia trees.
Republican Presidential Candidate Donald Trump has chosen former critic JD Vance as his vice-presidential nominee. Vance, a 39-year-old Ohio Senator and author, was confirmed as VP pick by RNC delegates.
Despite past criticisms of Trump, Vance has become a strong supporter. After winning his Senate seat with Trump's endorsement in 2022, Vance is now attacking Joe Biden, calling him an "incapacitated president" and accusing Democrats of lying about Biden's health.
#JDVance #DonaldTrump #Trump2024 #TrumpAttack #TrumpVance #TrumpVance2024 #BidenHarris #RepublicanParty #RNC2024 #NationalConvention #USElections #Worldnews #USnews #Oneindia #Oneindianews
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Donald Trump has chosen J.D. Vance as his running mate as he seeks to unseat President Joe Biden for a second term as president of the United States. Vance is a freshman senator from Ohio who rose to fame with his 2016 memoir 'Hillbilly Elegy.' The book was turned into a movie starring Glenn Close and Amy Adams in 2020. The film adaptation received two Academy Award nominations, including a best supporting actress nomination for Close. Trump shared the news on his social media platform Truth Social on Monday.
Credit: The Hollywood Reporter Duration: 01:12Published
President Biden says he regrets using the term "bullseye" to refer to Donald Trump -- especially now that there's been an assassination attempt on him ... but.. TMZ.com
Donald Trump has given his first media interview after being shot on Saturday. The former president spoke to 'The Washington Examiner' and shared that's he's rewritten the speech that he will deliver at this week's Republican National Convention in the aftermath of Saturday's assassination attempt at a rally in Butler, Pennsylvania. Trump told reporter Salena Zito that he had originally planned to talk about President Joe Biden's policies in his speech, but he has now changed course.
Credit: The Hollywood Reporter Duration: 01:47Published
Pat Sajak is NOT coming out of a short-lived retirement to host the upcoming "Celebrity Wheel of Fortune" season -- instead, this was always in the cards ... TMZ.. TMZ.com
ABC brass did NOT threaten to take "Good Morning America" anchor George Stephanopoulos off the air if he didn't apologize for taking a dig at President Biden's.. TMZ.com
Mortgage Rates Continue , to Fall, Raising Hopes of the , Fed Cutting Rates.
ABC reports that borrowing costs for
home loans continued to ease this week,
with the average rate on a 30-year mortgage
falling to its lowest level since April.
According to mortgage buyer
Freddie Mac, the rate fell from
6.95% to 6.87% last week. .
That figure is still significantly higher than
what the rate was during the same time last year,
which was at an average of 6.67%. .
15-year fixed-rate mortgages
also eased, falling from
6.17% last week to 6.13%. .
During the same time last year,
the average rate was at 6.03%.
Those higher rates can add hundreds of dollars
to monthly costs for borrowers, which limits the
purchasing options of potential homebuyers.
Mortgage rates fell for
the third straight week
following signs of cooling
inflation and market
expectations of a
future Fed rate cut, Sam Khater, Freddie Mac’s chief economist, via ABC.
ABC reports that rates are influenced by a number
of factors, including the Federal Reserve's interest
rate policy and the 10-year Treasury yield.
ABC reports that rates are influenced by a number
of factors, including the Federal Reserve's interest
rate policy and the 10-year Treasury yield.
Due to yields also beginning to ease, the Federal
Reserve could start to drop its main interest rate
after hiking it up to the highest level in over 20 years.
Last week, Fed officials suggested that they would make
just one cut to their benchmark interest rate in 2024,
down from previous projections of three cuts for the year.
Credit: Wibbitz Top Stories Duration: 01:31Published
Surge of New Applications for , Unemployment Benefits , May Signal Cooling Job Market.
Last week, the number of people in the
United States filing for unemployment benefits
reached the highest level in ten months last week. .
ABC reports that the news comes as a potential
sign that the U.S. labor market may be slowing
under the burden of high interest rates. .
The week ending June 8 saw
applications for jobless benefits
rise by 13,000 to reach 242,000. .
According to Labor Department
data, that is up from 229,000 new
applications the week before.
The number also represents the highest
number of new applications since August
of 2023, while also being significantly higher
than the 225,000 new claims forecast.
ABC reports that weekly unemployment claims have
lingered at historically low levels since millions of
jobs disappeared with the COVID-19 pandemic.
ABC reports that weekly unemployment claims have
lingered at historically low levels since millions of
jobs disappeared with the COVID-19 pandemic.
Since March of 2022, the Federal Reserve has raised
benchmark rates 11 times in an attempt to reign in
inflation which has risen to a four-decade high.
While the latest data suggests that consumer
inflation cooled in May, the Federal Reserve
has decided to leave rates at a 23-year high.
According to Fed Chair Jerome Powell, officials
are waiting for more evidence that prices
are reaching their target of two percent.
ABC reports that a total of 1.82 million
Americans were collecting unemployment
benefits in the week ending June 1. .
ABC reports that a total of 1.82 million
Americans were collecting unemployment
benefits in the week ending June 1.
Credit: Wibbitz Top Stories Duration: 01:30Published
T-Mobile Announces Deal , to Acquire Most of , U.S. Cellular .
T-Mobile Announces Deal , to Acquire Most of , U.S. Cellular .
On May 28, T-Mobile announced that
it will acquire most of competitor
U.S. Cellular in a massive $4.4 billion deal.
ABC reports that the deal would give T-Mobile,
already one of the largest wireless providers in
the United States, an additional 4 million customers.
ABC reports that the deal would give T-Mobile,
already one of the largest wireless providers in
the United States, an additional 4 million customers.
The deal will also see T-Mobile acquire
hundreds of brick-and-mortar stores
and a wider presence in rural areas.
The deal will also see T-Mobile acquire
hundreds of brick-and-mortar stores
and a wider presence in rural areas.
The acquisition will also expand T-Mobile's
spectrum rights, a federal license permitting
the transmission of mobile signals.
According to T-Mobile, the deal
is expected to close sometime
in the middle of 2025.
As customers from both
companies will get more
coverage and more capacity
from our combined footprint,
our competitors will be forced
to keep up -- and even more
consumers will benefit, Mike Sievert, CEO of T-Mobile, via ABC.
As customers from both
companies will get more
coverage and more capacity
from our combined footprint,
our competitors will be forced
to keep up -- and even more
consumers will benefit, Mike Sievert, CEO of T-Mobile, via ABC.
T-Mobile added that U.S. Cellular
will retain control of a portion of the
company's spectrum rights and cellular towers. .
According to T-Mobile, the deal will provide
customers with more competitive options to the
two largest U.S. wireless carriers: Verizon and AT&T.
According to T-Mobile, the deal will provide
customers with more competitive options to the
two largest U.S. wireless carriers: Verizon and AT&T.
By tapping into the additional
capacity and coverage created
through the combined spectrum
and wireless assets, T-Mobile
will spur competition, T-Mobile statement, via ABC.
The news comes after a series of
acquisitions for T-Mobile aimed at
accelerating the wireless provider's growth
Credit: Wibbitz Top Stories Duration: 01:31Published
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