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Despite progress, inflation still poses challenges to cost of living

Published Tue, 24 Dec 2024 00:07:12 GMT

SCOTIA, N.Y. (NEWS10) -- The latest Consumer Price Index report is good news for the economy, but not everyone is seeing that impact in their wallet. Consumer prices are generally rising slower, at just 3 percent, but daily essentials like food and energy bring core inflation to 4 percent. Get the latest news, weather, sports and more delivered right to your inbox! “That doesn’t mean the prices have come down," Kajal Lahiri, Distinguished Professor of Economics at UAlbany, said. "They’re still way high and it hurts, so that’s why, even if inflation is coming down, consumers are thinking ‘How come it’s still hurting me?’ It’s still hurting because the prices are still high in the prices we pay to buy goods.”Lahiri said it takes time for changing inflation rates to catch up to everyday items. As the Federal Reserve works to meet their target inflation rate of 2 percent, those delays could be up to a year. “Day to day people who earn money and consume, they get hurt because there is...

Pedestrian hospitalized after alleged hit-and-run in Schenectady

Published Tue, 24 Dec 2024 00:07:12 GMT

SCHENECTADY, N.Y. (NEWS10) -- The Schenectady Police Department is investigating an alleged hit-and-run on Monday morning in the area of Albany Street and Route 7. A pedestrian was located unconscious and was transported to the Albany Medical Center. Get the latest news, weather, sports and more delivered right to your inbox! Dispatchers received calls about the incident around 5:09 a.m. Police believe the victim was struck by a vehicle traveling southbound on Route 7. There is no suspect or vehicle description available at this time. Anyone with information is asked to contact the Tips Line at (518) 788-6566. This is a developing story. Stay tuned with NEWS10 for updates.

Washout in Schodack results in Reno Road closure

Published Tue, 24 Dec 2024 00:07:12 GMT

SCHODACK, N.Y. (NEWS10) -- The town of Schodack has announced the temporary closure of Reno Road. The closure stems from flooding caused by heavy rainfall in the area. Get the latest news, weather, sports and more delivered right to your inbox! The road will be closed until further notice. Town officials say updates will be issued when water on the roadway has receded. Check out NEWS10's traffic tracker. You can plan your route and see traffic delays in real-time!

Police seek Subaru driver in fatal hit-and-run

Published Tue, 24 Dec 2024 00:07:12 GMT

The Los Angeles Police Department is looking for the driver who fatally struck a pedestrian in Arlington Heights before fleeing the scene Sunday night.The collision occurred at Washington and Crenshaw boulevards at 11:50 p.m., when a silver Subaru Impreza headed west on Washington hit the pedestrian, who was only identified by police as being a woman.According to an LAPD press release, she succumbed to her injuries at a local hospital.It is unknown if alcohol or drugs played a role in the crash.Anyone with information should call 213-473-0234During non-business hours or on weekends, calls should be directed to 1-877-LAPD-24-7 (877-527-3247). Anyone wishing to remain anonymous should call Crime Stoppers at 800-222-TIPS (8477).

1 Killed in 2-Car Accident on West Rosamond Boulevard [Rosamond, CA]

Published Tue, 24 Dec 2024 00:07:12 GMT

One Pronounced Dead after Two-Vehicle Collision near 50th Street WestROSAMOND, CA (December 18, 2023) –  One victim died Thursday afternoon in a two-car crash on West Rosamond Boulevard and 50th Street West.Emergency personnel arrived at the location at approximately 2:04 p.m., near 50th Street West.As reported by the California Highway Patrol, a collision occurred between a silver Nissan Maxima and a black Toyota Tundra in that vicinity. However, additional details surrounding the events leading to the incident are currently unknown.Upon reaching the scene, first responders pronounced one occupant deceased, but law enforcement has not disclosed the individual’s identity. Authorities from Rosamond have recommended that drivers steer clear of the area while crews work on clearing the scene.Additional information will be provided as soon as it becomes available.In this sorrowful time, the Sweet James team would like to extend their heartfelt condolences to the family of th...

Bay Area music star dies at 67: ‘God called one of his great ones home’

Published Tue, 24 Dec 2024 00:07:12 GMT

Jeffrey Foskett was one of those lucky few who ended up living his dream.The San Jose native grew up fascinated with the Beach Boys, and even played in a band that covered the Rock and Roll Hall of Fame act’s songs in his early 20s, and would go on to spend much of his career singing and playing those legendary Beach Boys songs in front of untold thousands, if not millions, of appreciative fans.The dream came to a close last week when Foskett — who was a hugely important member of both the Beach Boys’ and Brian Wilson’s touring bands over the years — died after a lengthy battle with anaplastic thyroid cancer.He was 67.Foskett will be remembered by fans for his soaring falsetto, which closely resembled what Brian Wilson delivered during his primetime years in the ’60s with the Beach Boys. Those Wilson-originated vocal parts — as pretty much any fan will tell you — were the heart and soul of the Beach Boys music. Yet, even it came to his...

Greyhound bus stops are valuable assets. Here’s who’s cashing in on them

Published Tue, 24 Dec 2024 00:07:12 GMT

By Nathaniel Meyersohn | CNNNew York  — You can’t get here from there. That’s the increasing problem facing around 60 million people who depend on intercity buses.Intercity bus lines like Greyhound, Trailways and Megabus, an overlooked but essential part of America’s transportation system, carry twice the number of people who take Amtrak every year. But the whole network faces a growing crisis: Greyhound and other private companies’ bus terminals are rapidly closing around the country.Houston, Philadelphia, Cincinnati, Tampa, Louisville, Charlottesville, Portland, Oregon, and other downtown bus depots have shuttered in recent years. Bus terminals in major hubs like Chicago and Dallas are also set to close. Greyhound and other companies have relocated their stops far away from city centers, which are often inaccessible by public transit, switched to curbside service or eliminated routes altogether.These stations built decades ago are shuttering because of high operating costs, govern...

Eric Montross dies at 52; college basketball star won championship with UNC in 1993

Published Tue, 24 Dec 2024 00:07:12 GMT

CHAPEL HILL, N.C. — Eric Montross, a former North Carolina and NBA big man, has died after a cancer fight, his family said. He was 52.The school released the family’s announcement Monday morning, saying Montross died Sunday surrounded by loved ones at his Chapel Hill home. He had been diagnosed with cancer in March, leading to him stepping away from his duties as a radio analyst for UNC game broadcasts.Montross played for the Tar Heels under Dean Smith from 1990-94 and was a two-time Associated Press second-team All-American. (Doug Pensinger/Allsport via Getty Images Archives)“To know Eric was to be his friend, and the family knows that the ripples from the generous, thoughtful way that he lived his life will continue in the lives of the many people he touched with his deep and sincere kindness,” the announcement said.Montross played for the Tar Heels under Dean Smith from 1990-94 and was a two-time Associated Press second-team All-American. He started on Smith’s se...

Wrap Battle: Brothers use concrete, riddles, a tarantula in competitive gift-giving tradition

Published Tue, 24 Dec 2024 00:07:12 GMT

Sarah Hofius Hall | The Scranton Times-TribuneA competitive holiday tradition started with a steel box.Justin Gagliardi, a college student at the time, welded the box and put his younger brother’s Christmas gift inside.For more than an hour on that Christmas Eve more than 20 years ago, family watched as Joseph Gagliardi worked to cut the box open to free the remote control dog toy placed inside.“I thought, ‘I’m not going to let next year slide,’” Joseph said.For the Gagliardi brothers, what’s inside the box — or the concrete, ice or diaper, or buried in the neighbor’s yard — doesn’t matter. The tradition of hijinks and hilarity is the gift itself.“It’s about bragging rights, and who is smarter,” said Joseph, 37.Forget the wrapping paper, bows and ribbons. The brothers prefer mouse traps, tarantulas and PVC pipes, nestled — and greased — inside each other. Justin, 43, once poured a large concrete block, which weighed a few hundred pounds, containing his brother’s gift inside.Another ...

Report: 200+ threats made to Jewish facilities this weekend

Published Tue, 24 Dec 2024 00:07:12 GMT

By Holmes Lybrand | CNNMore than 200 false bomb threats and “swatting” calls were made against Jewish facilities across the US this past weekend, according to Secure Community Network, a non-profit that tracks threats against Jewish communities.According to the network, the false threats and swatting incidents – prank calls that are made to authorities to lure them to a location under the false pretense that a crime has been committed or is in progress – targeted facilities in California, Arizona, Connecticut, Colorado and Washington and other states.Related ArticlesNational News | Israel faces new calls for truce after killing of hostages raises alarm about its conduct in Gaza National News | U.S. military chief to visit Israeli, urging clarity on next phase of war against Hamas National News | Under the shadow of war in Gaza, Jesus’ traditional birthplace is gearing up for a subdued Christmas National News | Google workers...