Author: Roberta T. Mainor


Fifth Third Bancorp reduces its equity holdings in M&T Bank Co. (NYSE:MTB)

July 2, 2022

Montana Lending

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Fifth Third Bancorp reduced its stake in M&T Bank Co. (NYSE: MTBGet a rating) by 4.6% in the 1st quarter, according to its last Form 13F filed with the Securities & Exchange Commission. The institutional investor held 37,439 shares of the financial services provider after selling 1,805 shares during the quarter. Fifth Third Bancorp’s holdings in M&T Bank were worth $6,346,000 at the end of the last quarter.

Several other large investors have also recently changed their holdings in the company. Commerce Bank increased its position in M&T Bank shares by 1.2% during the 4th quarter. Commerce Bank now owns 4,979 shares of the financial services provider valued at $765,000 after buying 57 additional shares during the period. Bradley Foster & Sargent Inc. CT increased its position in M&T Bank shares by 2.1% during the fourth quarter. Bradley Foster & Sargent Inc. CT now owns 2,774 shares of the financial services provider valued at $426,000 after purchasing 58 additional shares during the period. Mercer Global Advisors Inc. ADV increased its position in M&T Bank shares by 1.3% during the 4th quarter. Mercer Global Advisors Inc. ADV now owns 4,931 shares of the financial services provider valued at $757,000 after purchasing an additional 62 shares during the period. Kentucky Retirement Systems Insurance Trust Fund increased its position in M&T Bank shares by 1.9% during the 4th quarter. Kentucky Retirement Systems Insurance Trust Fund now owns 3,376 shares of the financial services provider valued at $518,000 after buying 63 additional shares during the period. Finally, Wedbush Securities Inc. increased its position in M&T Bank shares by 3.9% during the 4th quarter. Wedbush Securities Inc. now owns 1,859 shares of the financial services provider valued at $286,000 after purchasing an additional 69 shares during the period. Institutional investors and hedge funds hold 87.61% of the company’s shares.

Separately, Executive Vice President Robert J. Bojdak sold 525 shares of the company in a transaction dated Wednesday, June 8. The stock was sold at an average price of $177.82, for a total transaction of $93,355.50. Following the transaction, the executive vice president now directly owns 19,075 shares of the company, valued at $3,391,916.50. The sale was disclosed in a filing with the Securities & Exchange Commission, available at this hyperlink. Additionally, Vice Chairman Kevin J. Pearson sold 5,000 shares of the company in a trade dated Tuesday, May 17. The shares were sold at an average price of $169.71, for a total value of $848,550.00. Following the transaction, the insider now owns 39,008 shares of the company, valued at $6,620,047.68. Disclosure of this sale can be found here. Insiders sold a total of 7,725 shares of the company valued at $1,335,332 over the past three months. 0.73% of the shares are held by insiders.

Shares of NYSE: MTB opened at $159.71 on Friday. M&T Bank Co. has a fifty-two-week low of $128.46 and a fifty-two-week high of $186.95. The company has a 50-day moving average of $168.99 and a two-hundred-day moving average of $170.33. The stock has a market capitalization of $28.65 billion, a P/E ratio of 12.20, a P/E/G ratio of 0.96 and a beta of 0.86. The company has a debt ratio of 0.21, a current ratio of 1.05 and a quick ratio of 1.05.

M&T Bank (NYSE: MTBGet a rating) last released its quarterly earnings data on Wednesday, April 20. The financial services provider reported earnings per share of $2.73 for the quarter, beating the consensus estimate of $2.26 by $0.47. M&T Bank had a return on equity of 11.45% and a net margin of 29.31%. The company posted revenue of $1.45 billion in the quarter, versus $1.43 billion expected by analysts. In the same quarter of the previous year, the company achieved EPS of $3.41. As a group, research analysts expect M&T Bank Co. to post EPS of 14.11 for the current fiscal year.

The company also recently disclosed a quarterly dividend, which was paid on Thursday, June 30. Investors of record on Wednesday, June 1 received a dividend of $1.20 per share. The ex-dividend date was Tuesday, May 31. This represents an annualized dividend of $4.80 and a dividend yield of 3.01%. M&T Bank’s dividend payout ratio is currently 36.67%.

A number of stock analysts have recently released reports on MTB shares. Deutsche Bank Aktiengesellschaft raised its price target on M&T Bank from $180.00 to $200.00 in a Friday, March 25 report. Robert W. Baird upgraded M&T Bank from a “neutral” rating to an “outperforming” rating and raised its share price target from $175.00 to $200.00 in a Friday, June 17 report. StockNews.com upgraded M&T Bank from a “sell” rating to a “hold” rating in a Friday, June 10 report. JPMorgan Chase & Co. cut its target price on M&T Bank from $200.00 to $195.00 and set a “neutral” rating on the stock in a report released Friday. Finally, Piper Sandler raised her price target on M&T Bank from $200.00 to $210.00 in a Wednesday, April 20 report. Seven equity research analysts gave the stock a hold rating and eight gave the company a buy rating. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $193.31.

M&T Bank Company Profile (Get a rating)

M&T Bank Corporation operates as a bank holding company that provides commercial and retail banking services. The Company’s Business Banking segment provides deposit, lending, cash management and other financial services to small businesses and professionals. Its Commercial Banking segment provides deposit products, commercial loans and leases, letters of credit and cash management services to medium and large commercial enterprises.

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Institutional ownership by quarter for M&T Bank (NYSE:MTB)



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Shortage of lifeguards Mountain West pools raise wages

July 1, 2022

Montana Economy

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In southern Nevada, Clark County Pools need more than 100 lifeguards. As a result, Aquatic Supervisor Katie Boehme said on average only six out of 16 pools are open with limited hours.

“No one is happy because the water park is not open enough for families with young children, the pool is not open enough for swimmers and we don’t have enough programs,” Boehme said. .

In response, Clark County raised the hourly wage for lifeguards from $9.50 to $13, and the county now pays for new recruits to be trained, which typically costs $120. Boehme said this has helped the aquatics department recruit about 60 people so far.

In Colorado, Governor Jared Polis recently announced The 2022 Swimming Pools Special Initiative to address the shortage of lifeguards. According to Polis, a recent poll found that only 57% of public pools in the state are fully open.

Thanks to this initiative, lifeguards aged 16 and 17 are allowed to work more overtime. The state has also launched a $25,000 grant program that aquatic centers can use to retain and recruit staff. Aspiring lifeguards can earn $1,000 by completing a week of training before being hired.

This story was produced by the Mountain West News Bureau, a collaboration between Wyoming Public Media, Nevada Public Radio, Boise State Public Radio in Idaho, KUNR in Nevada, the O’Connor Center for the Rocky Mountain West in Montana , KUNC in Colorado, KUNM in New Mexico, with support from affiliate stations throughout the region. Funding for the Mountain West News Bureau is provided in part by the Corporation for Public Broadcasting.

Community leaders hope to raise $10 million for workforce housing in Bozeman

July 1, 2022

Montana Loans

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The housing crisis in Bozeman is a problem that community leaders have been trying to solve for years. Now, with the creation of a new community fund, they hope it will provide solutions to a crisis that has challenged area residents.

“I don’t want to live in a community that’s a… where it’s just a resort community for the super-rich. It’s not what Bozeman is, it’s not our roots, it’s not where we want to be,” Bozeman Deputy Mayor Terry Cunningham said.

Cunningham says it’s hard to see house prices continue to soar.

“It’s frustrating for the city because we have so few tools to get the workforce housing projects off the ground,” Cunningham said.

With this new fund goal of $10 million, leaders are beginning to see light at the end of the tunnel.

“Housing prices got away from us a bit, rent affordability a bit, so we started talking a bit more about an investment fund that would help solve some of the problems that we are having,” said the President. and CEO of First Security Bank, Jim Ness.

For Ness, housing affordability is an issue his employees struggle with. This is one of the reasons why the bank is committed to contributing the first million dollars to the fund.

“As I talk to my employees and hear some of their situations, I hear things like having 3 roommates, 4 roommates, 6 roommates, maybe sharing a room with someone. I think the quality life is a challenge,” says Ness.

This is what inspired Ness to approach Deputy Mayor Cunningham with the idea of ​​collaborating and creating a discovery aimed at tackling housing affordability in the Gallatin Valley.

The fund aims to help workforce housing projects get started and provide funds to fill the funding gap. Part of the fund will also help to obtain home loans. Leaders hope this investment in the community will inspire more people to put down roots in the Gallatin Valley.

“Private businesses, bankers and other community partners are stepping up and contributing to this fund, sends a great message to the community that we’re in this together,” Cunningham said.

They say a healthy workforce is the foundation of a city like Bozeman.

“If we don’t have an active workforce and I believe workforce housing is a barrier to that right now and I want to help and address that,” Ness said.

Even with all the construction, Ness says a piece of the puzzle is missing.

“There’s a lot of construction going on in Bozeman right now and there’s a lot of apartments going on, which is great, and there’s a need for that too, but the area I see for that need is for this category of affordability,” he said.

Ness and Cunningham are optimistic about mobilizing community support to tackle a community-wide issue.

“It’s definitely not the silver bullet that’s going to do it, but I think it’s part of the solution,” Ness said.

Legal notice of July 1, 2022

July 1, 2022

Montana Mortgages

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NOTICE OF TRUSTEE SALE For cash sale at a Trustee Sale on October 19, 2022 at 2:00 p.m. outside the North Entrance of the Lincoln County Courthouse, 512 California Avenue, Libby, MT, the property described below located in Lincoln County, State of Montana: Tract I: Lots 12A and Lots 13-15 of Block 2 of the Amended Plate of Remp Addition, as per the plate thereof filed in the office of the Clerk and Recorder, Lincoln County, Montana. Tract II: Lots 16, 17, 18, 19, 20, and the west 62 feet of lot 22 and the north 9 feet of the east 65 feet of lot 22 of block 2 of Remp Addition, according to the flat of the latter on file in the office of the Lincoln County Clerk and Recorder, Montana. More commonly known as 208 N Colorado Ave, Libby, MT 59923. Steven W. Cannon, as grantor, conveyed said real property to Lincoln County Title Company, as trustee, to secure an obligation owed to Mortgage Electronic Registration Systems, Inc., as named nominee for Glacier Bank, beneficiary of the security instrument, its successors and assigns, by trust deed dated August 15, 2017, and filed for record in the records of the Clerk and Recorder of Lincoln County, State of Montana, on August 23, 2017 under Instrument Number 270280, in Book 368, Page 870, Official Records. The Indenture has been assigned for value as follows: Assignee: Truist Bank Assignment dated: September 15, 2021 Registered Assignment: September 21, 2021 Assignment Registration Information: as Instrument No. 296073, in the book 392, at page 467 All in the Records of the Clerk and Recorder of Lincoln County, Montana Jason J. Henderson is the successor administrator pursuant to a substitution of administrator recorded in the office of the Clerk and Recorder of Lincoln County, State of Montana, on May 11, 2022 as Instrument No. 300624, in Book 396, at page 762, of the Official Records. The Beneficiary has declared a default in the terms of said Deed of Trust due to the Settlor(s) failing to make monthly payments commencing on May 1, 2021 and each month thereafter, which monthly payments would have been applied against Principal and interest due on said bond and other charges on the property or loan. By reason of said default, the Beneficiary declared immediately due and payable all sums due on the obligation guaranteed by said Deed of Trust. The total amount due on this bond is principal of $117,952.64, interest in the amount of $6,246.79, escrow advances of $3,581.59, other amounts due and payable in the amount of $510.24 for a total amount due of $128,291.26, plus accrued interest, late fees, and other fees and costs that may be incurred or advanced. The Beneficiary anticipates and may disburse such amounts as may be necessary to preserve and protect the property and for property taxes which may become due or past due, unless such tax amounts are paid by the Grantor. If such amounts are paid by the Beneficiary, the amounts or taxes will be added to the obligations guaranteed by the Deed of Trust. Other expenses to be charged against the proceeds of such sale include trustee and attorney fees, costs and expenses of the sale and late fees, if any. The Beneficiary has elected and directed the Trustee to sell the property described above to satisfy the obligation. The sale is a public sale and anyone, including the Beneficiary, with the sole exception of the Trustee, can bid at the sale. The auction price must be paid immediately after the auction closes in cash or near cash (valid money orders, certified checks or cashier’s checks). Transfer will be made by deed of trust, without any representations or warranties, including warranty of title, express or implied, as the sale is made strictly on an as is basis, without limitation, the sale is subject to all existing conditions. , if any, lead paint, mold, or other environmental or health hazards. The buyer-seller takes possession of the property on the 10th day following the sale. The grantor, successor in title to the grantor, or any other person having an interest in the property, is entitled, at any time before the sale by the trustee, to pay to the beneficiary, or the successor in title to the beneficiary, the the full amount then due under the indenture and the obligation secured thereunder (including costs and expenses actually incurred and attorneys’ fees) other than that part of the principal not then due in the absence of default and in remedying any other default which is the subject of the complaint herein which is capable of being cured by offering the performance required under the obligation or to remedy the default, by paying all the costs and expenses actually incurred in enforcing the obligation and the trust indenture together with the successor trustee’s fees and attorney’s fees. In the event that all defects are corrected, the foreclosure will be rejected and the foreclosure sale will be cancelled. The scheduled trustee sale may be postponed by public proclamation for up to 15 days for any reason. In the event of a bankruptcy filing, the sale may be deferred by the trustee for up to 120 days by public proclamation at least every 30 days. If the Trustee is unable to pass title for any reason, the winning bidder’s sole and exclusive remedy shall be reimbursement of monies paid to the successor trustee and the winning bidder shall have no further recourse. . This is an attempt to collect a debt and any information obtained will be used for this purpose. Dated June 8, 2022. Jason J. Henderson Alternate Administrator 38 2nd Avenue East Dickinson, ND 58601 Phone: 801-355-2886 Office Hours: Monday through Friday, 8:00 a.m. to 5:00 p.m. MST File No. MT11447 Posted in The Western News June 17, 24 and July 1, 2022. MNAXLP

NOTICE OF TRUSTEE SALE For cash sale at a trustee sale on October 24, 2022 at 2:00 p.m. outside the north door steps of the Lincoln County Courthouse located at 512 California Avenue, Libby, MT 59923, the property described below located in Lincoln County, State of Montana: Lots 15 and 16 of Block 4, East Libby, according to the plate thereof on file in the office of the Clerk and Recorder , Lincoln County, Montana. Except right of way to J. Neils Lumber Company by deed recorded in Book 101 at page 375, Records of Lincoln County, Montana. More commonly known as 722 1/2 East 6th Street, Libby, MT 59923. Earl O. Stevens Jr. and Ada P. Westlake, as licensors, conveyed said real property to First American Title Insurance Company, in as trustee, to secure an obligation owed to Mortgage Electronic Registration Systems, Inc., as appointed agent for Guild Mortgage Company LLC f/k/a Guild Mortgage Company, a California corporation, beneficiary of the deed of guarantee, its successors and assigns, by deed of trust dated January 27, 2020, and filed for recording in the records of the County Clerk and Recorder of the County of Lincoln, State of Montana, on January 31, 2020 under instrument number 283894, in the book 380, at page 999, official documents. The Trust Deed has been assigned for value as follows: Assignee: Guild Mortgage Company LLC Assignment dated: March 15, 2022 Recorded Assignment: March 25, 2022 Assignment Registration Information: as Instrument No. 299792, in Book 395, at page 962, All in the Records of the Clerk and Recorder of Lincoln County, Montana Jason J. Henderson is the successor administrator pursuant to a substitution of administrator recorded in the office of the Clerk and Recorder of the County of Lincoln, State of Montana, April 20, 2022 as Instrument No. 300300, in Book 396, Page 455, Official Records. The Beneficiary has declared a default in the terms of said Trust Deed due to the Settlor(s) failing to make monthly payments commencing March 1, 2020 and each month thereafter, which monthly payments would have been applied against Principal and interest due on said bond and other charges on the property or loan. By reason of said default, the Beneficiary declared immediately due and payable all sums due on the obligation guaranteed by said Deed of Trust. The total amount due on this obligation is the principal amount of $80,000.00, interest in the amount of $7,404.60 and other amounts due and payable in the amount of $6,627.80 for a total amount owed of $94,032.40, plus accrued interest, late fees and other charges. and the costs that may be incurred or advanced. The Beneficiary anticipates and may disburse such amounts as may be necessary to preserve and protect the property and for property taxes which may become due or past due, unless such tax amounts are paid by the Grantor. If such amounts are paid by the Beneficiary, the amounts or taxes will be added to the obligations guaranteed by the Deed of Trust. Other expenses to be charged against the proceeds of such sale include trustee and attorney fees, costs and expenses of the sale and late fees, if any. The Beneficiary has elected and directed the Trustee to sell the property described above to satisfy the obligation. The sale is a public sale and anyone, including the Beneficiary, with the sole exception of the Trustee, can bid at the sale. The auction price must be paid immediately after the auction closes in cash or near cash (valid money orders, certified checks or cashier’s checks). Transfer will be made by deed of trust, without any representations or warranties, including warranty of title, express or implied, as the sale is made strictly on an as is basis, without limitation, the sale is subject to all existing conditions. , if any, lead paint, mold, or other environmental or health hazards. The buyer-seller takes possession of the property on the 10th day following the sale. The grantor, successor in title to the grantor, or any other person having an interest in the property, is entitled, at any time before the sale by the trustee, to pay to the beneficiary, or the successor in title to the beneficiary, the the full amount then due under the indenture and the obligation secured thereunder (including costs and expenses actually incurred and attorneys’ fees) other than that part of the principal not then due in the absence of default and in remedying any other default which is the subject of the complaint herein which is capable of being cured by offering the performance required under the obligation or to remedy the default, by paying all the costs and expenses actually incurred in enforcing the obligation and the trust indenture together with the successor trustee’s fees and attorney’s fees. In the event that all defects are corrected, the foreclosure will be rejected and the foreclosure sale will be cancelled. The scheduled trustee sale may be postponed by public proclamation for up to 15 days for any reason. In the event of a bankruptcy filing, the sale may be deferred by the trustee for up to 120 days by public proclamation at least every 30 days. If the Trustee is unable to pass title for any reason, the winning bidder’s sole and exclusive remedy shall be reimbursement of monies paid to the successor trustee and the winning bidder shall have no further recourse. This is an attempt to collect a debt and any information obtained will be used for this purpose. As of June 10, 2022. Jason J. Henderson Alternate Administrator 38 2nd Avenue East, Dickinson, ND 58601 Telephone: 801-355-2886 Office Hours: Monday through Friday, 8:00 a.m. to 5:00 p.m. MST File No. MT11317 Published in The Western News June 17, 24 and July 1, 2022. MNAXLP

Metal Tiger plc UK Regulatory Announcement: Sandfire – 147 Mt of Mineral Resources provide solid foundation for MATSA’s long-term optimization and growth

June 30, 2022

Montana Lending

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LONDON–(BUSINESS WIRE)–

June 30, 2022

Metal Tiger plc

(“Metal Tiger” or the “Company”)

Sandfire – 147Mt Mineral Resource lays solid foundation for MATSA’s long-term optimization and growth

Metal Tiger plc (AIM: MTR, ASX: MTR), the AIM and ASX listed investor in natural resource opportunities, is pleased to announce that Sandfire Resources Ltd (“Sandfire”) has published an updated estimate of the Measured, Indicated and Inferred Mineral Resources for the MATSA mining operations, located in the Iberian Pyrite Belt in southern Spain, totaling 147.2 Mt grading 1.4% Cu, 3.0% Zn, 1.0% Pb and 39.6 g/t Ag containing approximately 2.1 Mt copper, 4.4 Mt zinc, 1.5 Mt lead and 187.6Moz silver.

Metal Tiger is interested in 7,087,057 Sandfire shares representing approximately 1.72% of the issued share capital of Sandfire. As previously announced, 2,842,667 of the Sandfire shares held by the Company are subject to an equity derivative financing agreement with a global investment bank.

A link to Sandfire’s MATSA Copper Operations site visit information pack, released today, is shown below:

https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02536902-6A1097705?access_token=83ff96335c2d45a094df02a206a39ff4

A link to the Sandfire release, announced today, is shown below:

https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02536659-6A1097631?access_token=83ff96335c2d45a094df02a206a39ff4

For more information about the Company, visit www.metaltigerplc.com:

Michel McNeilly

(Chief executive officer)

Tel: +44 (0)20 3287 5349

Mark Potier

(Investment Director)

James Dance

James Harris

charlie hammond

Strand Hanson Limited (appointed adviser)

Tel +44 (0)20 7409 3494

Steve Douglas

Simon Johnson

Arden Partners plc (Broker)

Tel: +44 (0)20 7614 5900

Gordon Pool

James Crothers

Rebecca Waterworth

Camarco (financial PR)

Tel: +44 (0)20 3757 4980

Notes to editors:

Metal Tiger PLC is listed on the AIM Market of the London Stock Exchange AIM Market (“AIM”) and the ASX Market of the Australian Securities Exchange Market (“ASX”) with the trading code MTR and invests in mining projects high potential with a focus on base, precious and strategic metals.

The Company’s objective is to provide a high return to shareholders by investing in largely undervalued and/or high potential opportunities in the mining exploration and development sector.

Equity investments invests in undervalued natural resource companies. The majority of its investments are listed on AIM, TSX and ASX, including its stake in Sandfire Resources Limited (ASX:SFR). The Company also considers selective opportunities to invest in private natural resource companies, generally where there is an identifiable path to IPO.

The Company actively evaluates new investment opportunities on an ongoing basis and has access to a diversified portfolio of new opportunities in the natural resources and mining sectors. For pipeline opportunities deemed sufficiently attractive, Metal Tiger may invest in the project or entity by purchasing publicly traded equity, private financing and/or entering into a joint venture.

Category Code: MSCU

Sequence number: 918519

Received time (offset from UTC): 20220630T091517+0100

PrimeLending® Announces Michael Heeb (NMLS: 470225) as New Area Manager in the Pacific Northwest Region

June 29, 2022

Montana Loans

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BOISE, Idaho–(BUSINESS WIRE)–National residential lender PrimeLending, a PlainsCapital company, announces the promotion of Michael Heeb to regional manager in the Pacific Northwest, overseeing Alaska, Idaho and Montana.

Michael brings 20 years of experience in the mortgage industry to his new role after 7 years as a Branch Manager at the Eagle, ID branch and its 7 satellite branches, including Bozeman, MT.

Currently Area Manager in the Pacific Northwest region of PrimeLending, Michael will work with community residents on purchasing and refinancing needed mortgages in the Alaska, Idaho and Montana regions. .

Michael worked hard to earn this leadership opportunity. He has demonstrated his ability to lead even when it is difficult. Michael has played an impressive role in our growth in Idaho and Montana. He is a true servant leader who leads with conviction. These skills are exactly what we need to advance our business in key western markets,said Al Velasco, director of PrimeLending’s EVP West division.

About PrimeLending

PrimeLending, a PlainsCapital company (PrimeLending), is a national real estate lender combining personal advice and local expertise with fast service, more choice and the flexibility to meet the unique needs of homeowners. We relentlessly strive to empower our clients to boldly pursue their homeownership goals, whether they are looking to buy, refinance or remodel a home. The PrimeLending team works alongside our clients in all 50 states, helping them make smart home financing decisions and a rewarding experience along the way. Keeping this promise for over 30 years, we’re proud to consistently achieve a 97% customer satisfaction rate*. PrimeLending is a wholly owned subsidiary of PlainsCapital Bank, which in turn is a wholly owned subsidiary of Hilltop Holdings Inc. (NYSE: HTH). More information at PrimeLending.com. Equal Housing Lender.

*Survey administered and managed by an independent third party after loan closing. The 97% satisfaction rating refers to the average rating that our clients gave to our loan officers for the period from 01/01/21 to 31/12/21.

All loans subject to credit approval. Rates and fees subject to change. Mortgage financing provided by PrimeLending, a PlainsCapital company. Equal Housing Lender.

©2022 PrimeLending, a PlainsCapital company. (NMLS: 13649).

Climate change discussion scheduled for Thursday in Columbia Falls

June 29, 2022

Montana Economy

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A roundtable on climate change is scheduled for Thursday in Columbia Falls.

The event is coordinated by the Flathead County Democratic Central Committee, features local experts and advocates in the search for climate change solutions.

It takes place at 6 p.m. at Glacier Lanes, 307 Nucleus Ave.

Representatives from Climate Smart Glacier Country, Citizens’ Climate Lobby, Wild Montana and Our Children’s Trust will be led in the conversation by former Montana State Representative Debo Powers, President of Wild Montana.

“Our planet is getting warmer, and it’s starting to affect our enjoyment of life, our economy, and the natural world around us,” Powers said. “This is the greatest threat facing us and our children and grandchildren, yet our society continues to operate as usual, leaving us frozen in despair.”

“The best antidote to despair is hope and action,” adds Powers. “We still have time to make changes that will mitigate the effects of climate change.”

Climate Smart Glacier Country strives to engage the public in finding local solutions to climate-created challenges to water and food security, public health, and recreation.

Citizens’ Climate Lobby works on national policies by building relationships with elected officials and local media in 580 chapters around the world.

Wild Montana helps communities thrive by building trust, fostering collaboration, and reaching agreements to protect nature, address climate change, and improve access to public lands.

Our Children’s Trust works to ensure young people’s legal rights to a healthy atmosphere and safe climate, based on the best available science.

FCDCC President Lynn Stanley said this and previous events were organized to shed light and stimulate conversation and solutions to some of the most critical issues facing Montana people and local community leaders.

“Solving these problems requires the participation of citizens, Democrats and Republicans, libertarians and independents, all working together,” she said.

The event is free and open to the public.

Participants will have the opportunity to pose questions to the panelists after a one-hour moderated discussion.

It’s always a vendor’s market in Chicagoland

June 28, 2022

Montana Mortgages

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With the data compiled from late spring, one thing is clear: this is still a seller’s market. Across the state of Illinois, homes sold faster in May 2022, year over year. Although interest rates rose slightly, demand remained strong.

In May, a total of 16,194 homes were sold statewide, according to Illinois REALTORS®. And while the number reflects a 10.1% year-over-year decline, that’s mostly due to lack of inventory. Year over year, the number of homes for sale fell 24.4% to 21,718 homes. Reflecting the tight competition, the median price also rose 6.2% to $276,000.

“Now is a great time to sell your home,” Illinois REALTORS® President Ezekiel “Zeke” Morris said in a press release. “The average Illinois home spent just over three weeks on the market in May, and some properties are attracting multiple offers from potential buyers.” The average Illinois home spent 24 days on the market in May, nine days less than a year ago.

Statistics from the Chicago Association of REALTORS® (CAR) revealed that 3,335 properties were sold in the city proper in May 2022: 3.4% less than in May 2021. And although the days on the market decreased by 23.6%, at 55 days on average, the median sale price remained the same as last year: $350,000.

In the Chicago metro area, however, home sales fell at a more drastic rate of 10.6%. A total of 11,641 homes were sold in the area in May, but the price increase was slightly less pronounced – 5.5% – bringing the metro median to $327,000. The average days on market in Chicagoland also fell 19.2% to 21 days in May.

“Clearly, we’re in an extreme seller’s market with historically low inventory and strong buyer demand,” said John Gormley, CEO of the Mainstreet Association of REALTORS®, reflecting on the data from suburban Chicago. “If a seller is ready, now is the time to list.”

According to Mainstreet, the suburbs that saw the biggest declines were, in order: Vernon Hills (down 89.3%), Sugar Grove (down 89.1%), Addison (down 84 .5%), Antioch (down 79.5%), Western Springs (down 72.6%), Western Springs (down 72.6%), Hinsdale (down 70%), Lemont (down 66.7%), Homewood (down 62.1%), Mt. Prospect (down 60.7%), Oak Forest (down 56.6%). ), Naperville (-56.4%) and Schaumburg (-45.8%).

New figures from the North Shore-Barrington Association of REALTORS® (NSBAR) paint a similar picture. As inventory continued to decline in the North Shore-Barrington area — new listings fell 21% — prices rose further. The median sale price in this zone is now $565,000, reflecting a 7.6% year-over-year increase to $565,000. And, with average days on the market falling to 38 days, an NSBAR statement notes that sellers have been encouraged.

“Buyers face fierce competition and don’t have the luxury of stalling,” Mainstreet President John LeTourneau said. Especially since mortgage rates continue to rise. “The longer you wait, the more expensive it is likely to be,” Gormley added. “Over a 30-year mortgage, there are still great financial advantages to buying a home, even in this market.”

Combined with inflationary fears, home sales should now rebound over the next few months. Daniel McMillen, head of the Stuart Handler Real Estate Department (SHDRE), voiced this SHDRE prediction in the Illinois REALTORS® press release. “Foreclosures have decreased significantly since the same period last year,” he said. “Inflation continues to be a concern for consumers, particularly among high-income households, and interest rates are expected to rise this summer.”

CAR President Antje Gehrken echoed this sentiment. “Despite rising mortgage rates and a significant drop in inventory, buyer activity remains elevated, as evidenced by the continued decline in days on market and the slight rise in median selling prices,” he said. she declared. “The market continues to slowly return to pre-pandemic behavior and normalize after a breakneck pace.”

IBM Retirement Fund holds $348,000 position in M&T Bank Co. (NYSE:MTB)

June 28, 2022

Montana Lending

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IBM Retirement Fund reduced its position in shares of M&T Bank Co. (NYSE: MTBGet a rating) by 3.8% in the first quarter, HoldingsChannel.com reports. The company held 2,055 shares of the financial services provider after selling 81 shares during the quarter. IBM Retirement Fund’s holdings in M&T Bank were worth $348,000 at the end of the last quarter.

Other institutional investors have also recently increased or reduced their stake in the company. Yousif Capital Management LLC acquired a new stake in shares of M&T Bank during the fourth quarter at a value of $3,343,000. UMB Bank NA MO acquired a new position in M&T Bank in the fourth quarter worth $49,000. NuWave Investment Management LLC acquired a new position in M&T Bank in the first quarter worth $47,000. Thrivent Financial for Lutherans increased its stake in M&T Bank by 7,874.3% in the fourth quarter. Thrivent Financial for Lutherans now owns 450,790 shares of the financial services provider valued at $69,233,000 after purchasing an additional 445,137 shares during the period. Finally, Desjardins International Asset Management Inc. acquired a new position in M&T Bank in the fourth quarter worth $1,831,000. Hedge funds and other institutional investors own 87.61% of the company’s shares.

Separately, Executive Vice President Robert J. Bojdak sold 525 shares of the company in a trade on Wednesday, June 8. The shares were sold at an average price of $177.82, for a total transaction of $93,355.50. Following the completion of the transaction, the executive vice president now directly owns 19,075 shares of the company, valued at approximately $3,391,916.50. The transaction was disclosed in a document filed with the Securities & Exchange Commission, accessible via the SEC website. Additionally, Executive Vice President Christopher E. Kay sold 2,200 shares in a trade on Friday, June 3. The stock was sold at an average price of $178.83, for a total value of $393,426.00. Following the completion of the sale, the executive vice president now owns 5,350 shares of the company, valued at approximately $956,740.50. Disclosure of this sale can be found here. Insiders sold a total of 7,725 shares of the company worth $1,335,332 in the past 90 days. 0.73% of the shares are currently held by insiders.

MTB opened at $164.42 on Tuesday. The company has a quick ratio of 1.05, a current ratio of 1.05 and a debt ratio of 0.21. The stock has a market capitalization of $29.50 billion, a price-earnings ratio of 12.56, a PEG ratio of 0.96 and a beta of 0.86. M&T Bank Co. has a 12-month low of $128.46 and a 12-month high of $186.95. The company’s 50-day moving average price is $169.87 and its two-hundred-day moving average price is $170.28.

M&T Bank (NYSE: MTBGet a rating) last reported results on Wednesday, April 20. The financial services provider reported earnings per share of $2.73 for the quarter, beating analyst consensus estimates of $2.26 by $0.47. The company posted revenue of $1.45 billion for the quarter, compared to $1.43 billion for analysts. M&T Bank posted a net margin of 29.31% and a return on equity of 11.45%. In the same period a year earlier, the company earned earnings per share of $3.41. As a group, sell-side analysts expect M&T Bank Co. to post earnings per share of 14.11 for the current year.

The company also recently declared a quarterly dividend, which will be paid on Thursday, June 30. Investors of record on Wednesday, June 1 will receive a dividend of $1.20 per share. This represents a dividend of $4.80 on an annualized basis and a dividend yield of 2.92%. The ex-dividend date is Tuesday, May 31. M&T Bank’s payout ratio is currently 36.67%.

Several stock analysts have recently released reports on the stock. Wedbush raised its price target on M&T Bank shares from $187.00 to $212.00 in a Thursday, April 21 report. Robert W. Baird upgraded M&T Bank shares from a “neutral” rating to an “outperforming” rating and raised his target price for the company from $175.00 to $200.00 in a Friday, June 17 report . Piper Sandler raised her price target on M&T Bank shares from $200.00 to $210.00 in a Wednesday, April 20 report. StockNews.com upgraded M&T Bank shares from a “sell” rating to a “hold” rating in a Friday, June 10 report. Finally, Wells Fargo & Company raised its price target on M&T Bank shares from $180.00 to $195.00 and gave the company an “equal weight” rating in a Thursday, April 21 report. Seven investment analysts gave the stock a hold rating and eight gave the stock a buy rating. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $194.62.

M&T Bank Profile (Get a rating)

M&T Bank Corporation operates as a bank holding company that provides commercial and retail banking services. The Company’s Business Banking segment provides deposit, lending, cash management and other financial services to small businesses and professionals. Its Commercial Banking segment provides deposit products, commercial loans and leases, letters of credit and cash management services to medium and large commercial enterprises.

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Institutional ownership by quarter for M&T Bank (NYSE:MTB)



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End of the Yappy hour? Ruff times for the Wonder Bar in Asbury Park

June 27, 2022

Montana Economy

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A long tradition of loving dog owners in the Asbury Park area seems to be coming to an end. Yappy Hour may not be anymore.

On Thursdays, Saturdays and Sundays from April to November, on the large terrace and the beach of the Wonder Bar, people are invited to bring their cockapoo (or any other breed) while sipping a cocktail. Yappy Hour is normally 4-7pm, as are many human-only happy hours.

This has been going on for over a decade. That’s over 70 dog years! It raises money for local animal rescues, and director Debbie DeLisa tells NJ.com it also brings the community together.

“We would like to continue this camaraderie by being able to welcome them into a beautiful and safe environment for both the puppies and the people,” she said.

Chances are it’s all going down the drain due to a construction project that may take up the land they need to run Yappy Hour. A residential complex is in sight and the planning shows no impact on the Wonder Bar building itself, but it would eliminate its terrace and much of the sandy area they need to bring in their canine customers.

The developer says it tries to work with Wonder Bar to minimize any impact. Something that could take their deck away from them doesn’t seem like a small thing.

For the loyal doggies of Asbury Park, don’t lose hope. It is only in the phase of the land use approval process and nothing final has been decided. The project would take about two years.

The opinions expressed in the above post are those of New Jersey 101.5 talk show host Jeff Deminski only.

You can now listen to Deminski & Doyle — On demand! Listen to New Jersey’s favorite radio show every day of the week. Download the Deminski & Doyle show wherever you get podcasts, on our free app, or listen now.

Click here to contact an editor about a comment or correction for this story.

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Local musician brings bullfighting to Clarksville with Bulls, Booms, and Burgers event

June 27, 2022

Montana Mortgages

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CLARKSVILLE, TN (NOW CLARKSVILLE) – Local musician Daniel Walker runs the Walker Farm & Ranch off Parchman Road. On Saturday, he hosted the second annual “Bulls, Booms, and Burgers.”

The event started with a Tannerite bang, followed by live music, live bull riding and the first ever freestyle bullfighting event in Clarksville.

Walker told Clarksville Now that while he knows there are concerns about the humane treatment of the bulls, he encourages anyone who cares about their quality of life to come to his ranch.

“We love these animals as much as we love rodeo,” Walker said. “They live a life of luxury, they are fed 15 pounds of feed a day, not including hay, and they are pampered.”

Walker brought in professional bull riders for this event, including cowboy protection bulls, which protect bulls from bulls once they have fallen. These cowboys came from every state, Walker said, including places like Kentucky, Illinois, Ohio and Louisiana. Even with the free bullfighting event, Walker said these animals would not be harmed.

“It’s very interesting, it’s like dancing, they’re trying to keep that bull engaged on them.”

Walker said he hopes more people enjoy next year.

President of M&T Bank Corporation – GuruFocus.com

June 26, 2022

Montana Lending

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BUFFALO, NY, June 16, 2022 /PRNewswire/ — Richard (“Rich”) Goldpresident and chief operating officer of M&T Bank Corporation (NYSE: MTB), announced his intention to retire, effective in the first quarter of 2023. Gold plans to remain on the board of directors of M&T Bank.

“It’s hard to overstate Rich’s impact on our business,” said Rene Jones, president and CEO of M&T. “It has been his life’s work to instill and perpetuate a culture that we are all proud of, a culture that allows us to function with a sense of purpose and to feel that we are part of something bigger. This focus on culture, coupled with an acute ability to identify and cultivate leaders, has provided us with an exceptional talent base to pursue our purpose and continue to make a difference in people’s lives.”

After joining the bank in 1989, Gold held senior positions in retail banking, corporate banking, mortgages, consumer loans and marketing. In 2014, he was named Vice President and assumed the role of Chief Risk Officer. In 2017, he was named president and chief operating officer, the culmination of a five-decade career in which the bank has grown exponentially, expanding its footprint to include 12 states and the District of Colombia.

Prior to joining M&T, Gold held positions in cash management and operations at Bankers Trust Company, and in marketing and product development at Citibank. He obtained a Bachelor of Science from Cornell University School of Industrial and Labor Relations and a Masters in Business Administration from New York University Stern School of Business.

Gold has long been committed to supporting both the Western New York community and the banking sector in general. He currently sits on the boards of the Westminster Foundation, the Buffalo Niagara Partnership and the Consumer Bankers Association, and has previously served on the boards of the United Way of Buffalo and Erie County, Shea’s Performing Arts Center and Buffalo Seminary. He also serves on the Dean’s Advisory Council at the University at Buffalo School of Management, where he is an Adjunct Professor, teaching Organizational Behavior Management.

About M&T

M&T Bank Corporation is a financial holding company headquartered in Buffalo, New York. M&T’s principal banking subsidiary, M&T Bank, provides banking products and services in 12 states in the northeastern United States, from Maine at Virginia and washington d.c. Trust-related services are provided in certain markets in the United States and abroad by affiliates of M&T’s Wilmington Trust and M&T Bank. For more information about M&T Bank, visit www.mtb.com.

Media Contact:
Maya Dillon
(646) 735-1958
[email protected]

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SOURCE M&T Bank Corporation

After Kelly Clarkson finally got her ranch back from ex Brandon Blackstock, he found an expensive new Bachelor Pad

June 24, 2022

Montana Mortgages

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Could the Montana ranch drama finally be over for Kelly Clarkson? Although her ex-husband, Brandon Blackstock, left the property in early June, when their divorce settlement required, the musical director would have continued to be “a thorn in the side” and reportedly even considered continuing to fight Clarkson for the ranch in court. However, Reba McEntire’s stepson has now found a new bachelor pad, so perhaps the family can start closing down.

Brandon Blackstock’s new digs were reportedly purchased on April 18, according to a transfer deed obtained after the fact by We Weekly, but it’s unclear when, or even if, Blackstock moved in. The 4,800 square foot home in Butte, Montana was listed at $1.8 million, although the actual purchase price was not reported. While Kelly Clarkson’s ex-husband surely ended up paying a pretty penny for the new estate, the 4-bedroom, 2.5-bathroom home is still a notable downgrade from the Montana ranch, which the american idol champion purchased in 2019 for $10.4 million.

The registration on Berkshire Hathaway HomeService website reports Brandon Blackstock’s home features large windows to capture panoramic views, a chef’s kitchen with a pantry and wine fridge, an outdoor kitchen, a steam room, three wells, a shop, a barn with a loft , a greenhouse and a three-car garage. (What, no pool? Although I suppose there is are three wells.)

The home sits on over 40 acres of land in a seemingly “very private” setting, and as Brandon Blackstock recently renamed his cattle ranching business from Vintage Valley Ranch (his former home) to V Bar V Cattle Co. , it would appear that he is taking steps to further limit his time in the entertainment industry continue farming full time. Blackstock received all of the couple’s cattle in the divorce settlement.

Although Kelly Clarkson and Brandon Blackstock’s divorce was filled with controversy over everything from their Business affairs at custody of their two children to their prenup, it was the ranch in Montana that seemed to cause the biggest headache. Although Clarkson wanted to sell the property, which was costing $81,000 a month in mortgage, taxes and insurance, she was not allowed to deport her exwho had maintained his residence there and did not have the financial means to move.

It was agreed that Kelly Clarkson would pay Brandon Blackstock a tax-free one-time payment in the amount of $1,326,161, in addition to 5.12% of the value of the ranch (approximately $908,000) and $115,000 in monthly alimony. But the drama continued, even in the weeks leading up to the future rancher’s moving day, as he filed papers in court demanding that his ex-wife turn off the property’s 13 security cameras while still living there, and to show evidence of how this was accomplished.

As The Kelly Clarkson Show the host prepares to revamp his daytime talk showShe decided take the summer spend with her two children, apparently with some of that time planned for fun at the Montana ranch. Now that Brandon Blackstock has his own place, maybe everyone can really start moving forward.

Check your local listings to see when The Kelly Clarkson Show is playing in your area, and even if she is officially out for season 22 of The voicecould we see her back in the Big Red Chairs for season 23? You can also check out the other shows that will be airing soon on our TV program 2022.

Economic Benefit of Montana’s National Parks

June 24, 2022

Montana Economy

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A new report from the National Park Service shows that more than five million visitors in 2021 spent more than $720 million in Montana’s national parks. According to the National Park Service press release, tourist spending has generated more than $1 billion in the state’s economy and more than 11,000 jobs.

The peer-reviewed study by economists from the US Geological Survey and the National Park Service shows that more than 200 million national park tourists have spent more than $20 billion in gateway communities about 60 miles east. exterior of a national park. Visitor spending has helped support more than 300,000 people nationwide, half of them in nearby communities. Accommodation and restaurants in national parks were the biggest spenders for visitors.

Here is a list of national parks in Montana:

  • Glacier National Park
  • Lewis and Clark National Historic Trail
  • Nez Perce National Historical Park
  • Little Bighorn National Monument
  • yellowstone national park
  • Ice Age Flood National Geologic Trail
  • Big Hole National Battlefield
  • Grant-Kohrs Ranch National Historic Site
  • Bighorn Canyon National Recreation Area
  • Fort Union Trading Post National Historic Site

Follow this link to learn more about all of Montana’s national parks and how the state, along with the National Park Service, is working to preserve these historic sites and maintain environmental conservation.

That’s what the average Montana household pays in bills every month | State

June 24, 2022

Montana Loans

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The cost of living in the United States is much lower than the cost of living in several other developed countries, including the Nordic countries as well as New Zealand and Australia. Yet living expenses in the United States are higher than in most countries in the world.

According a recent study by Doxoa bill payment platform, US households spend an average of $2,003 per month on the most common bills, or about 37% of what a typical household earns in a month.

The average monthly cost of those bills — which include rent, car loans, utilities, car insurance, cable, Internet, cell phone and health insurance — is lower than average in Montana. The typical Montana household spends an average of $1,751 per month on bills, the 15th lowest among the 50 states.

States with higher-than-average monthly bills also tend to have higher-than-average incomes, while cheaper states tend to have lower incomes — and Montana is no exception. The typical household in the state earns $56,539 a year, compared to the national median household income of $64,994, according to five-year estimates from the US Census Bureau’s American Community Survey.

Rank State Avg. monthly household bills ($) Median household income ($) Avg. bill total as a percentage of revenue (%)
1 Hawaii 2,911 83 173 42.0
2 California 2,649 78,672 40.4
3 New Jersey 2,610 85,245 36.7
4 Massachusetts 2,511 84,385 35.7
5 Maryland 2,456 87,063 33.9
6 Connecticut 2,380 79,855 35.8
seven New York 2,361 71 117 39.8
8 Alaska 2,334 77,790 36.0
9 Washington 2,277 77,006 35.5
ten New Hampshire 2,256 77,923 34.7
11 Colorado 2,251 75,231 35.9
12 Virginia 2,229 76,398 35.0
13 Rhode Island 2,172 70,305 37.1
14 Oregon 2,070 65,667 37.8
15 Delaware 2,057 69 110 35.7
16 Illinois 2,029 68,428 35.6
17 Wyoming 2,022 65,304 37.2
18 Florida 1,993 57,703 41.4
19 Minnesota 1,967 73,382 32.2
20 Texas 1,956 63,826 36.8
21 Nevada 1,945 62,043 37.6
22 North Dakota 1,937 65,315 35.6
23 Arizona 1,936 61,529 37.8
24 Maine 1,922 59,489 38.8
25 Wisconsin 1,915 63,293 36.3
26 Utah 1,910 74 197 30.9
27 Vermont 1,883 63,477 35.6
28 Georgia 1,875 61,224 36.8
29 Louisiana 1,871 50,800 44.2
30 Pennsylvania 1,851 63,627 34.9
31 North Carolina 1,829 56,642 38.7
32 Iowa 1,784 61,836 34.6
33 Caroline from the south 1,783 54,864 39.0
34 Idaho 1,777 58,915 36.2
35 Michigan 1,754 59,234 35.5
36 Montana 1,751 56,539 37.2
37 Tennessee 1,734 54,833 37.9
38 Kansas 1,720 61,091 33.8
39 Ohio 1,717 58 116 35.5
40 Missouri 1,706 57,290 35.7
41 Nebraska 1,696 63,015 32.3
42 Alabama 1,688 52,035 38.9
43 New Mexico 1,663 51,243 38.9
44 South Dakota 1,654 59,896 33.1
45 Oklahoma 1,634 53,840 36.4
46 Kentucky 1,627 52,238 37.4
47 Indiana 1,607 58,235 33.1
48 Mississippi 1,559 46,511 40.2
49 Arkansas 1,552 49,475 37.6
50 West Virginia 1,452 48,037 36.3

NuWave Investment Management LLC takes $47,000 position in M&T Bank Co. (NYSE: MTB)

June 24, 2022

Montana Lending

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NuWave Investment Management LLC has purchased a new stake in the shares of M&T Bank Co. (NYSE: MTBGet a rating) during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The company bought 279 shares of the financial services provider, valued at around $47,000.

Several other large investors also bought and sold shares of MTB. CVA Family Office LLC acquired a new stake in M&T Bank stock during Q4 valued at approximately $31,000. Widmann Financial Services Inc. acquired a new stake in M&T Bank in Q4 worth approximately $37,000. UMB Bank NA MO acquired a new stake in M&T Bank in Q4 worth approximately $49,000. Lindbrook Capital LLC increased its holdings in M&T Bank by 39.2% in the fourth quarter. Lindbrook Capital LLC now owns 355 shares of the financial services provider worth $55,000 after buying an additional 100 shares in the last quarter. Finally, Covestor Ltd acquired a new stake in M&T Bank in Q4 worth approximately $55,000. Hedge funds and other institutional investors own 87.61% of the company’s shares.

Several equity research analysts have recently released reports on MTB shares. Goldman Sachs Group raised its price target on M&T Bank from $183.00 to $210.00 and gave the stock a “neutral” rating in a Monday, April 4 report. Wolfe Research lowered its price target on M&T Bank from $214.00 to $187.00 and set an “outperform” rating on the stock in a Thursday, May 26 report. JPMorgan Chase & Co. launched a hedge on M&T Bank in a Thursday, April 14 report. They issued a “neutral” rating on the title. Citigroup launched coverage on M&T Bank shares in a research note on Thursday, March 24. They issued a “buy” rating on the stock. To finish, StockNews.com upgraded M&T Bank shares from a “sell” to a “hold” rating in a Friday, June 10 research note. Seven research analysts have rated the stock with a hold rating and eight have assigned the stock a buy rating. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $194.62.

MTB stock opened at $159.64 on Friday. The company has a market capitalization of $28.64 billion, a PE ratio of 12.20, a PEG ratio of 0.95 and a beta of 0.86. The company has a debt ratio of 0.21, a quick ratio of 1.05 and a current ratio of 1.05. The company’s 50-day moving average price is $169.63 and its 200-day moving average price is $169.84. M&T Bank Co. has a one-year low of $128.46 and a one-year high of $186.95.

M&T Bank (NYSE: MTBGet a rating) last released its quarterly results on Wednesday, April 20. The financial services provider reported EPS of $2.73 for the quarter, beating the consensus estimate of $2.26 by $0.47. The company posted revenue of $1.45 billion for the quarter, compared to analysts’ estimates of $1.43 billion. M&T Bank posted a net margin of 29.31% and a return on equity of 11.45%. In the same quarter of the previous year, the company achieved EPS of $3.41. Equity research analysts expect M&T Bank Co. to post EPS of 14.11 for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Thursday, June 30. Shareholders of record on Wednesday, June 1 will receive a dividend of $1.20. This represents a dividend of $4.80 on an annualized basis and a yield of 3.01%. The ex-dividend date is Tuesday, May 31. M&T Bank’s payout ratio is 36.67%.

In other M&T Bank news, Vice Chairman Kevin J. Pearson sold 5,000 shares of the company in a trade that took place on Tuesday, May 17. The stock was sold at an average price of $169.71, for a total value of $848,550.00. Following the sale, the insider now owns 39,008 shares of the company, valued at $6,620,047.68. The sale was disclosed in a filing with the SEC, accessible via the SEC website. Also, VPE Robert J. Bojdak sold 525 shares of the company in a transaction that took place on Wednesday, June 8. The shares were sold at an average price of $177.82, for a total value of $93,355.50. Following the completion of the sale, the executive vice president now directly owns 19,075 shares of the company, valued at approximately $3,391,916.50. Disclosure of this sale can be found here. In the past three months, insiders have sold 7,725 shares of the company worth $1,335,332. 0.73% of the shares are held by insiders.

M&T Bank Profile (Get a rating)

M&T Bank Corporation operates as a bank holding company that provides commercial and retail banking services. The Company’s Business Banking segment provides deposit, lending, cash management and other financial services to small businesses and professionals. Its Commercial Banking segment provides deposit products, commercial loans and leases, letters of credit and cash management services to medium and large commercial enterprises.

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Institutional ownership by quarter for M&T Bank (NYSE:MTB)



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Sen. Ellsworth: Responding to Montana’s Economic Challenges and Opportunities | Columnists

June 22, 2022

Montana Economy

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SEN. JASON ELLSWORTH

As we begin to approach the 2023 legislative session, workers, families, employers and elected officials in Montana are all facing a unique combination of opportunities and challenges that we have never seen before.

In many ways, Montana’s economy is better than ever. Governor Greg Gianforte recently announced that our unemployment rate remains at an all-time high as more Montanese are working than ever before. The Treasure State’s economy and personal income are growing at the fastest rates in 40 and 15 years, respectively.

This success, along with our status as a freedom-loving state and vast open spaces, has spurred interest in Montana – as a place to start a business, raise a family, retire and buy property. The cost of owning or renting a home has skyrocketed as demand has outstripped supply. The massive inflation created by reckless federal spending and the shortage of workers to fill all the job vacancies are greatly compounding our economic challenges.

As a state, we cannot completely overcome national and international trends on things like inflation, labor shortages, or the possibility of an impending recession. But what we can do at the legislative level comes down to three main categories: reduce costs where possible, enable innovation and protect what we already have.

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Reducing costs and enabling innovation includes removing red tape that holds back entrepreneurs in Montana, like when we removed barriers to telehealth and direct-to-patient healthcare providers in the last legislative session. Next session, we’ll look at unnecessary housing regulations that drive up the cost of building and buying a home, as well as reducing property taxes. Governor Gianforte’s administration has also embarked on a multi-year effort to cut red tape, and I’m excited to see what proposals his team is putting forward.

Enabling innovation and upward mobility also means both preparing the next generation and making Montana competitive for business. We took many steps in the right direction last year, including passing legislation to increase teachers’ starting salaries, encourage vocational and technical education, reduce taxes on business equipment, and reduce and simplify income taxes. Sen. Steve Daines, Governor Gianforte and business leaders touted these and other reforms at the recent “Montana on the Rise” economic summit.

Going forward, we must build on these early reforms and significant investments. The Legislative Assembly recently brought together all of the major constitutional players in our public education system around one table to discuss next steps to better prepare Montana students for their future careers. We are also in the midst of a historic investment in high-speed internet to bridge the digital divide, give rural communities a fairer footing, and create opportunity in every corner of Big Sky Country. Additionally, Montana’s potential to produce abundant and cheap energy should be unleashed.

Finally, we must protect what makes Montana the last best place, including our traditional values ​​and the rights and freedoms we hold dear. It also means retaining and increasing public access to the great outdoors, like the Legislative Assembly’s investments in the Lower Yellowstone and Somers Beach public access projects last year.

In the 2021 legislative session, we created a solid foundation that is already driving job creation and wage growth. In the 2023 session, I hope Democrats will join us in building on this foundation to continue to make the most of Montana’s opportunities and address the challenges we face. We all recognize these challenges. To deal with it, Republicans will put in place policies to reduce costs, enable innovation and protect what we cherish about Montana. These solutions should have appeal across the political spectrum.

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Powell says recession is ‘a possibility’ but unlikely

June 22, 2022

Montana Mortgages

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Federal Reserve Chairman Jerome Powell said the central bank was determined to regain control of inflation, although he acknowledged the Fed had little power to treat its most visible symptoms at the pump. petrol or the supermarket.

Powell addressed the Senate Banking Committee on Wednesday, a week after the Fed ordered the biggest interest rate hike since 1994. The central bank is under increasing pressure to fight inflation, which has reached a four-decade high of 8.6% in May.

“We need to bring inflation down to 2%,” Powell told lawmakers. “We are using our tools to do that. And the public should believe that we will bring inflation down to 2% over time.”

Sen. Elizabeth Warren, D-Mass., has warned that a sharp rise in borrowing costs could lead to increased layoffs, while doing nothing to unravel the supply shocks that have driven up the price of oil. gasoline and groceries.

“You know what’s worse than high inflation and low unemployment?” said Warren. “It’s high inflation and a recession with millions out of work. I hope you reconsider that before you knock this economy off a cliff.”

Powell stressed that the economy was well positioned to withstand higher interest rates, although he acknowledged that the war in Ukraine and ongoing supply chain problems increased the risk of an economic slowdown. .

“It’s definitely a possibility,” Powell said. “It’s not our expected outcome at all, but it’s certainly a possibility.”

“We are not trying to cause – and do not think we will need to cause – a recession,” he added. “But we think it’s absolutely essential to restore price stability, really for the benefit of the labor market as much as anything else.”

A growing number of forecasters are now seeing storm clouds on the horizon. Economists interviewed by the the wall street journal put the odds of a recession over the next 12 months at 44%, down from 28% in April.

Powell argued that forecasting recessions is notoriously difficult, but added that he does not see the risk as particularly high.

“The US economy for now is strong. Spending is strong. Consumers are in good shape. Businesses are in good shape,” Powell said. “Monetary policy is notoriously a blunt tool. And there is a risk that weaker outcomes are certainly possible. But that is not our intention.”

After keeping interest rates near zero for the first two years of the pandemic, the Fed is now taking aggressive action to raise borrowing costs in an effort to reduce demand. The Fed’s benchmark rate jumped to 1.6%, and more rate hikes are expected in the coming months.

Mortgage rates have risen sharply in anticipation of the Fed’s actions, and this is starting to weigh on both home sales and home construction.

Some Republicans on the committee blamed the Fed for waiting too long to quell inflation and blamed the $1.9 trillion relief bill passed by congressional Democrats last year for fueling consumer demand.

“The Federal Reserve and this administration have let the American people down by ignoring these warnings a year ago and not acting sooner to respond to them,” said Sen. Richard Shelby, R-Ala.

Powell and other officials admitted that they initially misjudged both the severity and the resilience of inflation. But the Fed Chairman insists he is determined to get prices under control.

“We have the tools, the determination and hopefully the judgment to accomplish this task,” Powell said.

Copyright 2022 NPR. To learn more, visit https://www.npr.org.

How Marriage Rates Have Changed in Montana | State and Region

June 22, 2022

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Marriage rates in the United States have been declining for several decades. giggster look at Centers for Disaster Control and Prevention Montana marriage rate data, you can read the national story here.

Cultural critics and many sociologists have lamented the decline in marriage rates, citing concern over the deterioration of the traditional family structure and what it might mean for raising children. A more holistic look suggests many factors for variations in marriage rates– from women earning more equity in the workplace and on their paychecks to the normal fluctuations occurring around major historical events, such as tight rates during the Great Depression and a doubling of marriage rates in the United States. United at the end of World War II.

Southern states maintain higher marriage rates on average than Northeastern states; while Montana is the only state that has seen an increase in marriage rates since 1990. Keep reading to find out why this might be the case and find out other key insights into how marriage rates have changed over the past few years. decades.

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There are no obvious common denominators between the states with the highest and lowest marriage rates. States with the lowest marriage rates, such as California, have cities where the cost of living tends to be high, which may be a factor in lower marriage rates. Financial insecurity and lack of savings are often quoted as reasons why couples are reluctant to marry. Yet Louisiana also has a low marriage rate, despite being in a region that is more affordable and generally known for its more traditional views on marriage and family than cities like San Francisco and Los Angeles.

Montana’s high marriage rate likely has little in common with Nevada’s, given that Nevada is likely due in part to its reputation as the capital of speedy marriages. Couples can enter a chapel and get married in a 10-minute ceremony, or even via a passage tunnel. Of course, this can also be the reason why Nevada also leads the nation in divorces.


giggster


– Marriage rate 2020: 10.4 per 1,000

— #2 highest among all states

– Evolution of the marriage rate since 1990: 1.8

There are no obvious common denominators between the states with the highest and lowest marriage rates. States with the lowest marriage rates, such as California, have cities where the cost of living tends to be high, which may be a factor in lower marriage rates. Financial insecurity and lack of savings are often quoted as reasons why couples are reluctant to marry. Yet Louisiana also has a low marriage rate, despite being in a region that is more affordable and generally known for its more traditional views on marriage and family than cities like San Francisco and Los Angeles.

Montana’s high marriage rate likely has little in common with Nevada’s, given that Nevada is likely due in part to its reputation as the capital of speedy marriages. Couples can enter a chapel and get married in a 10-minute ceremony, or even via a passage tunnel. Of course, this can also be the reason why Nevada also leads the nation in divorces.

States with the highest marriage rates (per 1,000)

States with Lowest Marriage Rates (per 1,000)

There’s no single reason why marriage rates in the United States are at their lowest level since 1867, but history does contain a clue as to why it might be. Historically, periods of economic crisis, such as the Great Depression of the 1930s, announced a drop in marriage rates. The millennial cohort that might normally marry is now of working age in the midst of a major recession.

In addition to historic levels of student debt and stagnating wages, many young people in their 20s and 30s today may simply not feel like they can afford to. settle down for now. A third of survey respondents in a December 2019 YouGov study commissioned by LendKey Technologies said they had or would consider waiting to get married until they had paid off their student loans.

States where marriage rates fell the most from 1990 to 2020 (per 1,000)

#2. South Carolina: -10.2

Senator Jason Ellsworth: Addressing Montana’s Economic Challenges and Opportunities | Columnists

June 21, 2022

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SEN. JASON ELLSWORTH

As we begin to approach the 2023 legislative session, workers, families, employers and elected officials in Montana are all facing a unique combination of opportunities and challenges that we have never seen before.

In many ways, Montana’s economy is better than ever. Governor Greg Gianforte recently announced that our unemployment rate remains at an all-time high as more Montanese are working than ever before. The Treasure State’s economy and personal income are growing at the fastest rates in 40 and 15 years, respectively.

This success, along with our status as a freedom-loving state and vast open spaces, has spurred interest in Montana – as a place to start a business, raise a family, retire and buy property. The cost of owning or renting a home has skyrocketed as demand outstripped supply. The massive inflation created by reckless federal spending and the shortage of workers to fill all the job vacancies are greatly compounding our economic challenges.

As a state, we cannot completely overcome national and international trends on things like inflation, labor shortages, or the possibility of an impending recession. But what we can do legislatively comes down to three broad categories: reduce costs where possible, enable innovation, and protect what we already have.

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Reducing costs and enabling innovation includes removing red tape that holds back entrepreneurs in Montana, like when we removed barriers to telehealth and direct-to-patient healthcare providers in the last legislative session. Next session, we’ll look at unnecessary housing regulations that drive up the cost of building and buying a home, as well as reducing property taxes. Governor Gianforte’s administration has also embarked on a multi-year effort to cut red tape, and I’m excited to see what proposals his team is putting forward.

Enabling innovation and upward mobility also means both preparing the next generation and making Montana competitive for business. We took many steps in the right direction last year, including passing legislation to increase teachers’ starting salaries, encourage vocational and technical education, reduce taxes on business equipment, and reduce and simplify income taxes. Sen. Steve Daines, Governor Gianforte and business leaders touted these and other reforms at the recent “Montana on the Rise” economic summit.

Going forward, we must build on these early reforms and significant investments. The Legislature recently brought together all of the major constitutional players in our public education system around the same table to discuss next steps to better prepare Montana students for their future careers. We are also in the midst of a historic investment in high-speed internet to bridge the digital divide, give rural communities a fairer footing, and create opportunity in every corner of Big Sky Country. Additionally, Montana’s potential to produce abundant and cheap energy should be unleashed.

Finally, we must protect what makes Montana the last best place, including our traditional values ​​and the rights and freedoms we hold dear. It also means retaining and increasing public access to the great outdoors, like the Legislative Assembly’s investments in the Lower Yellowstone and Somers Beach public access projects last year.

In the 2021 legislative session, we created a solid foundation that is already driving job creation and wage growth.

In the 2023 session, I hope Democrats will join us in building on this foundation to continue to make the most of Montana’s opportunities and address the challenges we face. We all recognize these challenges. To deal with it, Republicans will put in place policies to reduce costs, enable innovation and protect what we cherish about Montana. These solutions should have appeal across the political spectrum.

Senator Jason Ellsworth, R-Hamilton, is president pro tempore of the Montana Senate. This column was originally published as part of the Frontier Institute’s “Legislative Viewpoint” series.

Zinke Campaign Misses Financial Disclosure Deadline Again | 406 Politics

June 20, 2022

Montana Mortgages

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GOP congressional candidate Ryan Zinke has yet to file his updated financial disclosure report, after missing the deadline by more than a month.

His Democratic opponent for the new US West District in Montana, Missoula attorney Monica Tranel, filed the required documents last month. It was due May 16. Its financial disclosure shows slight increases in its assets and salaries compared to its previous report, filed last November.

Zinke, a former congressman who earlier this month won a close primary race to become the Republican nominee, also missed the previous financial disclosure deadline. His campaign filed the report later that month following media requests.

Campaign spokeswoman Heather Swift said last week that the campaign plans to submit its 2022 financial disclosure report on Monday.

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“Lost track of the deadline,” Swift said in a text message last week.

On Monday, Swift noted that Congress was closed for the federal recess — since Juneteenth fell on Sunday — when asked if the campaign still plans to file Zinke’s 2022 financial disclosure. She did not respond to questions. requests for a copy of the report.

Tranel’s financial disclosure report, filed May 19 with the U.S. House Clerk’s Office, shows its 2022 revenue was between $199,000 and $260,000 last year. Candidates declare their income, assets and liabilities within wide ranges.

His reported assets consist entirely of joint investments, primarily in stocks and mutual funds. They totaled between $2.7 million and $6.5 million. Tranel’s sole liability, a mortgage with Bank of America, was between $500,000 and $1 million.

Zinke’s previous disclosure listed assets between $8 million and $34 million. His earnings for 2020 were between $900,000 and $1 million, mostly from consulting work.

Announcement of Native American Journalism Fellows

June 20, 2022

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Seven students have been selected by the Native American Journalists Association (NAJA) to participate in the Native American Journalism Fellowship (NAJF). Each of these students is currently enrolled in colleges and universities across the country.

This class of 2022 scholars will be able to participate in a virtual program while receiving three hours of college credit at their respective universities. There are five mentors that students will work closely with throughout the duration of this scholarship. Each of these five mentors represents four different branches of journalism: broadcast, radio, print and digital media.

Students will have the opportunity to pitch stories to news outlets and will also have the opportunity to participate in the National Indigenous Media Conference where they can meet and network with other Indigenous journalists.

The NAJF Class of 2022

Lyric Aquino (Tewa) – New York University

Grace Benally (Navajo) – Arizona State University

Valentin Contreras (Pala Band of Mission Indians and IIPAY Nation of Santa Ysabel)

California State University

Carrie Lynn Johnson (Chickasaw and Pawnee) – Austin College

McKayla Lee (Navajo) – University of Montana

Lindsay McCoy (Sault Ste Marie Tribe of Chippewa) – Michigan State University

Priscilla Wolf (Cree) – University of Regina

More stories like this

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Ojibwe educator, Illinois Indigenous organization, awarded $50,000 to continue social justice work
American Indian College Fund plans virtual conference for Indigenous students and educators
It’s graduation season. This inevitably means that Indigenous students will face resistance if they wear cultural insignia during ceremonies.

About the Author

Neely Bardwell
Author: Neely BardwellE-mail: This email address is protected from spam. You need JavaScript enabled to view it.

Neely Bardwell (descendant of the Little Traverse Bay Bands of Odawa Indian), who started as an intern at Native News Online in the summer of 2021, is a freelance writer. Bardwell is a student at Michigan State University where she majored in politics and minored in Native American studies.


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New developments aim to ease Bozeman’s affordable housing crisis

June 20, 2022

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The Perennial Park development recently opened behind Lowe’s just off North 19th Ave. (Frank Eltman/MTFP)

BOZEMAN — The first time Anna Stone met “Randy” in 2019, he was sleeping under a bridge. She recalled that he seemed to have psychological problems and was not interested in help from a stranger. Their introduction did not go well.

They met again in May 2020 when Stone, the housing case coordinator at the Human Resources Development Council, found him at a hotel for people over 65 who might be vulnerable to COVID-19.

“Randy,” who didn’t want his full name used for this story, slowly built a relationship of trust with Stone, who for two years worked with him to transition from homelessness.

Il sera bientôt le dernier résident à emménager dans un nouveau lotissement de 96 logements fondés sur le revenu pour adultes de plus de 55 ans appelé Perennial Park. This is the last effort of those responsible to put at least a small breach in the emerging problem of affordable housing in the region.

“Knowing that last summer he was sleeping on the floor in Lindley Park and that this summer he’s going to be in an air-conditioned room with [donated]

Depuis fin avril, des camions de déménagement déchargent les affaires des nouveaux arrivants au parc Perennial, situé derrière Lowe’s juste à côté de la 19e avenue nord à Bozeman. It is part of a larger development which includes the adjacent Arrowleaf project of 136 units, which is oriented towards families.

Also on the property are what turned out to be two key components of the $69 million project needed for Seattle-based developer GMD Development to comply with city zoning regulations.

The Community Health Partners building at the entrance to the property will provide medical, dental and mental health clinics, as well as a pharmacy, to residents of the Bozeman area. On the other side, Family Promise offers early childhood learning.

Residents of Perennial Park and Arrowleaf must meet income criteria below 60% of the region’s median income: $41,760 for an individual and $59,640 for a family of four.

In a city where one-bedroom apartments typically rent for nearly $2,000, eligible residents of Perennial Park apartments pay $1,119 for a one-bedroom apartment; $1,342 for two bedrooms; and $1,551 for a three-bedroom, said HRDC associate director Tracy Menuez.

Menuez said the people who need affordable housing the most are “the people who feed Bozeman.” Elle a noté que la plus récente évaluation régionale des besoins en logement a déterminé que le comté de Gallatin avait besoin de 6 000 unités supplémentaires.

“If you want to go out to dinner, they work in the restaurant. If you want to go to the house supplies store, it is the people who work at the counter, working the floor, “she said. “My God, these are the people who teach your children.”

In addition to access to childcare and health services, the development is within walking distance of a supermarket and other retail outlets and restaurants along a busy stretch of 19th Avenue. .

“J’adore ça”, a déclaré Bonnie Budd, une brigadière scolaire à la retraite et sauveteuse qui déplaçait ses affaires d’un camion U-Haul un matin récent. “New people are moving in and I can’t wait to have a whole new life.”

Bozeman Deputy Mayor Terry Cunningham said the development was made possible through the federal Department of Housing and Urban Development’s low-income tax credit scheme. Le programme fournit des subventions fédérales aux promoteurs en échange d’une garantie qu’ils maintiendront les loyers en dessous de 60% du revenu médian de la région.

He also recognized an acute need for affordable housing in Bozeman.

“Chaque jour, vous entendez des histoires de gens qui disent:” J’adorerais être ici, c’est ma ville de prédilection et, malheureusement, le marché du logement n’est pas celui que je peux gérer. “”

Cunningham said these feelings are “heartbreaking for anyone, especially for people who care about the city”.

The city contributed $500,000 from its community housing fund to help complete the project, Cunningham said. He said the 232 units in the two developments provide affordable housing for 400 to 500 people.

“Nous perdons des logements abordables chaque fois qu’un parc de maisons mobiles est démoli, chaque fois qu’une subvention du HUD expire”, a-t-il déclaré. “So being able to say, ‘Boom, here’s 232 units that can solve the problems of 400 to 500 people’, you know, that’s huge.”

Seattle-based GMD Development partner Steve Dymoke said his firm relied exclusively on the low-income tax credit system to develop projects like the Arrowhead/Perennial Park property.

Il a déclaré que la société avait développé le projet Larkspur Commons à Bozeman il y a plusieurs années et venait récemment de clôturer son 10e projet dans le Montana. GMD has also developed affordable housing projects in Alaska, Washington and Idaho.

He said the $500,000 Bozeman donated for the Arrowhead/Perennial Park project was a key factor.

“You know, it may seem like a small percentage, but it plays an outsized role in feasibility,” he said. «Cela a vraiment conclu l’affaire, et au-delà de cela, cela signale vraiment à nos investisseurs, nos prêteurs, que la ville s’engage en quelque sorte à la soutenir financièrement. That’s a really strong vote of support.”

Dymoke praised Bozeman’s Rotherham Construction, which was responsible for building the complex. He said that despite COVID-19 challenges and supply chain issues, Rotherham “really managed to deliver on time overall. It’s really been impressive.”

Although residents are moving forward since the end of April, Dymoke said that a major opening celebration is scheduled for the site on June 8.

“If you had three wishes from the Affordable Housing Genius, this would be at the top of your wish list,” Cunningham said. “I can’t think of a project that has met so many community needs in one project. It’s really unique.

MT lawmakers debate raising movie tax credit; supporters say it boosts local businesses |

June 19, 2022

Montana Economy

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Kevin Costner was photographed this week browsing Scheels, a sporting goods store in Missoula, as lawmakers in Helena debated whether to extend and increase a tax credit intended to attract movie moguls like him in the state in the future.

On Friday, the Montana Legislature’s Interim Revenue Committee heard a presentation on the economic impact of Montana’s MEDIA Act tax credits. The law, signed into law in 2019, essentially broke even in terms of the revenue it brought in to the state government. Indeed, while the state distributed approximately $20.3 million in tax credits to film production companies, the state tax revenue generated by all film production companies and their expenses was approximately $20.3 million.

The Montana MEDIA Act tax credit was established by the state legislature in 2019 with a cap of $10 million, then expanded to a total cap of $12 million beginning in the tax year 2022. Because this is an incentive for production companies to film in Montana, eligible companies can get a 20% transferable income tax credit for production and compensation expenses during its stay in the state. Businesses can also earn additional credit for reaching various other thresholds.

An economic impact consultant gave a presentation showing how 195 different productions have shot in Montana since the law was created and spent $192 million in the state. Film industry advocates have urged the committee to consider raising the cap to between $50 million and $150 million to allow Montana to compete with other states. They say it’s necessary to encourage the growth of the industry, which they say supports Montana businesses, creates local jobs and doesn’t pollute the state’s precious outdoor spaces.

Two Republican members of the committee, Sen. Greg Hertz and Sen. Mike Lang, both expressed support for the idea of ​​at least possibly introducing a bill in the next session to raise the cap.

“It’s a tough industry,” Hertz said. “There is a lot of competition across the United States. It’s a good clean industry. It helps Montana, it helps a lot of rural communities. The question here is how do we continue to nurture this industry without becoming too excessive and having a big impact on our cash flow? »

Hertz said he believes lawmakers need to look into the matter and the cap may merit further increases.

Senator Brian Hoven, also a Republican, said he opposed the tax credit because the amount of tax revenue generated for the state by the only film companies that used the tax credit was only $7. .8 million. So, according to him, the state is losing money because the tax credit cost it $20.3 million.

“I think the film industry is very glamorous,” he said. “Movie stars are there, they show up, they bring people to rural communities, there’s a lot of money. It’s exciting, it’s great. But unfortunately, it does not bring money to the public treasury.

Hoven said he read articles in the Wall Street Journal that prove movie tax credits are unprofitable. Hoven said the director of the state Department of Revenue under former Gov. Steve Bullock insisted on having a cap on credit because he “knew it would be a drain on the treasury.”

“To invest in this, we pick winners and losers,” Hoven said. “When we start giving to the film industry, we choose them to win.”

However, the impact on state coffers is not a complete picture of the impact of film production on Montana’s economy. A report from the University of Montana found that a single season of Costner’s hit show “Yellowstone” brought in an additional $70 million to the state economy in one year.

Gina Lavery, a consultant hired by the state to analyze the impact of the movie tax credit, said the movie industry has a big “ripple effect” on rural communities and small businesses in Montana. That’s because highly paid staffers at production companies like Paramount Network, which shoots “Yellowstone” in Missoula and Ravalli counties, spend money even on days off.

Lavery also said that not raising the credit cap has hampered Montana’s economic growth and may continue to do so in the future.

She noted that a film production company was willing to build a $20 million studio in Missoula, but backed down when the legislature only raised the cap by $2 million last session.

“This type of investment, just the initial construction, would have generated $34 million for the state and $1.3 million in tax revenue for local jurisdictions and the state,” Lavery explained.

Allison Whitmer of the Montana Film Office said “Yellowstone” is currently filming its fifth season here and will likely film most of its sixth season in Montana. Combined with Paramount filming a new show called “1932” in Butte next year, Whitmer said those two shows alone will spend an estimated $50 million to $100 million in Montana over the next two years.

Hertz concluded that he thinks the Legislature should consider gradually increasing the cap, and he also noted that there may be ways to ensure it benefits rural communities in Montana. Utah, for example, has a film tax credit that only applies if companies shoot in small, rural towns.

The full presentation and discussion can be found fast forward to 10:25 a.m. online at bit.ly/3y0V1qc.

50 years of faltering progress in the United States – Hartford Courant

June 18, 2022

Montana Loans

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A timeline of key events before, during, and after the passage in 1972 of the landmark U.S. law known as Title IX:

1836: Georgia Women’s College is the first women’s college to open in the United States

1917: Jeannette Rankin of Montana becomes the first woman elected to Congress.

1920: american women win the right to vote.

1936: A federal appeals court actually says doctors can prescribe birth control to women.

1947: The first report of the Truman Commission calls for more equitable access to higher education, including an end to racial and religious discrimination.

1953: Toni Stone becomes the first woman to regularly play professional baseball (Negro Leagues).

1954: US Supreme Court says ‘separate educational institutions are inherently unequal’ in landmark Brown v. Board of Education of the Topeka decision.

1960: Wilma Rudolph becomes the first American woman to win three Olympic gold medals. The black sprinter star becomes a prominent civil rights activist.

1963: The Commission on the Status of Women, led by Eleanor Roosevelt, finds widespread discrimination against women in the United States and urges federal courts that “the principle of equality be firmly established in constitutional doctrine” . Congress passes Equal Pay Act.

1964: The Civil Rights Act includes sex as one of the things employers cannot discriminate against. It also establishes the Equal Employment Opportunity Commission. Hawaii’s Patsy Mink becomes first woman of color elected to U.S. House; she then co-authored Title IX, the Early Childhood Education Act and the Equal Women in Education Act.

1965: The Elementary and Secondary Education Act provides federal funding to K-12 schools with low-income student populations. President Lyndon Johnson also signs the Higher Education Act of 1965 which gives students access to loans, scholarships and other programs.

1966: The National Women’s Organization is established, calling for women to have “full participation in mainstream American society…in a truly equal partnership with men.”

1967: Aretha Franklin covers Otis Redding’s 1965 hit, “Respect, ” and it quickly becomes a feminist anthem.

1969: New York Democrat Shirley Chisholm becomes the first black woman in Congress. She later becomes the first woman to seek the presidential nomination.

1971: The Association for Intercollegiate Athletics for Women (AIAW) is founded to govern collegiate women’s athletics and administer national championships.

1972: Congress passes Title IX, which is enacted by President Richard Nixon. Title IX states: “No person in the United States shall, because of sex, be excluded from participation in, be denied benefits, or be discriminated against in connection with any program or activity of education with federal financial assistance.” Congress also passes the Equal Rights Amendment, but it never gets the 38 state approval needed to become law.

1973: The Supreme Court renders its opinion Roe v. Wade establishing the right to abortion. Billie Jean King defeats Bobby Riggs in straight sets in “The Battle of the Sexes” tennis exhibition match.

1974: The Women’s Education Equity Act provides grants and contracts to help with “gender-neutral programs,” as well as to help institutions meet Title IX requirements.

1975: President Gerald Ford signs Title IX Athletics Regulationswhich gives athletics departments up to three years to implement, after noting that “it was the intention of Congress, for whatever reason for interpretation, to include athletics.”

1976: The NCAA challenges the legality of Title IX regarding athletics in a lawsuit that is dismissed two years later.

1977: Three female Yale students, two graduates and one male faculty member become the first to sue for sexual harassment under Title IX (Alexander v. Yale). He would fail on appeal.

1979: Ann Meyers becomes the first woman to sign an NBA contract (Indiana Pacers, $500,000). She had been the first woman to receive a basketball scholarship from UCLA.

1979: US officials have implemented the important three-pronged test for Title IX compliance in athletics.

1980: Oversight of Title IX is performed by the Department of Education’s Office of Civil Rights.

nineteen eighty one : Sandra Day O’Connor becomes the first woman appointed to the United States Supreme Court.

1982: Louisiana Tech defeats Cheyney State for the first NCAA women’s basketball title. Two months later, the AIAW folded, placing top women’s collegiate sports entirely under the umbrella of the NCAA. Cheryl Miller scores 105 points in a high school game for launch one of the greatest careers in basketball history.

1984: Democrat Geraldine Ferraro becomes the first woman to earn a vice-presidential nomination from a major political party. The United States wins its first Olympic gold medal in women’s basketball.

1987: Pat Summitt wins first of eight national women’s basketball titles at Tennessee.

1988: Congress overturns President Ronald Reagan’s veto of the Civil Rights Restoration Act of 1987, mandating the application of Title IX to any school receiving federal funds.

1994: The Athletics Equity Disclosure Act is passed. Under Title IX, schools with federal financial aid and athletics programs must provide annual gender equity information, including roster sizes and certain budgets.

1995: Connecticut wins first of 11 national titles under coach Geno Auriemma.

1996: The female athletes win a lawsuit and force Brown to restore funding for women’s gymnastics and volleyball after saying the school violated Title IX by turning both teams into donor-funded entities. The NBA clears the way for the Women’s National Basketball Association to begin play the following year.

1999: Brandi Chastain penalty gives USA victory over China in the World Cup final, reinvigorating women’s sport in the United States

2001: Ashley Martin becomes the first woman to play and score in a Division I football game as a placekicker for Jacksonville State.

2008: Danica Patrick wins the Japan 300 to become the first female winner at the highest level of American open-wheel racing.

2014 : Becky Hamon becomes the first full-time assistant coach in NBA history.

2015 : United States’ 5-2 victory against Japan in the final of the Women’s World Cup became the most-watched football game in American television history.

2016: Citing Title IX, the Obama administration says transgender students in public schools should be allowed to use the bathroom or locker room that matches their gender identity, the advice has been cancelled by the Trump administration. hillary clinton becomes the first woman to win a major party nomination for president.

2017: Serena Williams wins her 23rd Grand Slam titlesecond all time.

2020: New Amendments to Title IX take effect, mainly with regard to sexual harassment.

2021: Report tears NCAA apart for failing to live up to commitment to gender equality prioritizing its lucrative Division I men’s basketball tournament “above all else,” including the women’s championships.

2022: Dawn Staley of South Carolina becomes the first black Division I basketball coach, male or female, to win more than one national championship. The United States women’s national soccer team reaches a stage agreement to be paid equally to the men’s national team.

Montana budget on ‘high sugar,’ but expected revenue cuts | State

June 17, 2022

Montana Economy

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Illustration of money (Pxhere.com | Public domain images).

On a “high sugar,” the state of Montana should have plenty of extra cash in store by the start of the 2025 biennium, but revenues are volatile and a shortfall is already forecast for the fight against fires.

At the end of the 2021 legislative session, the closing fund balance was expected to be $157.2 million higher than the operating reserve at the start of the 2025 biennium, but this figure is expected to reach $1.7 billion. dollars, according to a forecast this week from Parliament. Tax Division of the Montana Legislature.

“We probably shouldn’t think about spending it right now because it’s too unpredictable,” Rep. Mary Caferro, D-Helena, said at the meeting.

At a joint meeting of the Legislative Finance Committee and the Interim Revenue Committee, tax analysts presented the outlook for the 2025 biennium ahead of the next legislature. At the meeting and in their report, they warned that it was difficult to make projections given the unpredictable rates of inflation, uncertain demographic trends and changes in labor economics, such as higher wages. and lower labor force participation.

“Strong collections offer a secure start to the 2025 biennial budget process, but economic uncertainty clouds the future,” reads the budget outlook.

Firefighting costs are rising

On the expense side, however, the cost of firefighting has increased and is expected to continue, according to the outlook. The report estimates that the average cost of wildfire suppression has increased by 31%, from $22.3 million per year to $29.2 million per year over the span of a decade.

The report also notes that while the Department of Natural Resources and Conservation is effective against fires, suppressing 96% of burns under 10 acres over the past decade, those that grow ‘account for most of the expense’. .

Going forward, costs are expected to increase given longer fire seasons and higher costs for labor, fuel and supplies, as well as “an increasing number of large fires”, according to the report. The state sets a formula in law for its fire suppression fund, and based on the last 10 years of average income and expenses, Montana could see a shortfall of $14.2 million for the biennial. , and with extreme fires, a shortfall of up to $81.4 million, the report says.


Montana receives major disaster declaration from President Joe Biden


Helena Area Habitat for Humanity is looking to send volunteers to help clean up after flooding at Red Lodge

Revenues fall in advance

At the meeting, at least a few people called the state budget “high sugar,” and one presenter said every other state was in the same boat. The outlook indicates that the large sums of money in savings are due to the federally stimulated economy and a strong stock market in 2021 as well as inflation, but the tide is likely to turn.

“Projected revenue for fiscal 2023 is expected to fall at least 10% but possibly as much as 20% from fiscal 2022,” the report said. “This represents a reduction of $347 million – $721 million in general fund revenue in just one year.”

However, legislative budget analyst and divisional director Amy Carlson warned lawmakers that the possible 20% drop was an alternative estimate and that the drop could be steeper.

“It shouldn’t be considered the worst case scenario,” Carlson said. “It’s just another forecast at the moment.”

The report also says that recent years of high earnings “provide a cushion to absorb the extreme volatility expected in fiscal 2023.”

Cloud forecast

The outlook was dire for staff, who face more financial uncertainties than usual, Carlson said. For example, she said a market forecast indicates that inflation, at around 8%, will slow in fiscal 2023, but that’s not a long-term datum.

“Clearly the Federal Reserve is doing what it can to moderate inflation, and only time will tell if it’s successful,” Carlson said.

She also said this week’s analysis was by no means refined and that lawmakers would receive more budget information in the fall, before the 2023 legislature. She also said her staff generally takes the presentation budget on the road to Montana.

The post-Montana budget on a “high sugar,” but planned revenue cuts appeared first on Daily Montanan.

FAU Study: New England States Lead in Lawyer Discipline | Your money

June 17, 2022

Montana Lending

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BOCA RATON Florida, June 17, 2022 (GLOBE NEWSWIRE) — The New England states of New Hampshire, Massachusetts and Vermont lead the 50 states in lawyer discipline, devoting more resources to processing and to the resolution of wrongdoing complaints, according to a study by researchers at Florida Atlantic University.

The study, published in The Quarterly Review of Economics and Finance, also found that Alabama, New York, and Missouri finished with the bottom three composite scores, respectively.

Florida ranked seventh lowest in the United States, according to the study, which found that poor lawyer discipline is an indicator of corruption but not a direct measure.

UFA researchers James McNultyPh.D., and graduate student Jason Damm, Ph.D., said states with limited discipline have less reliable and less predictable legal systems, which makes it more difficult for businesses to operate smoothly.

Researchers have also found a correlation between states committed to disciplining lawyers and long-term economic growth, although there is no direct link. They suggest that more research in this area could prove useful.

“More resources for lawyer discipline would likely improve economic growth rates for states at the bottom of our rankings,” said McNulty, professor emeritus of finance at FAU. College of Business. “Law schools in these states would also be wise to focus more on legal ethics.”

Damm earned a doctorate from FAU this year and will begin teaching at the University of Miami in the fall. He and McNulty reached their conclusions after analyzing data from 2000 to 2017.

They used the American Bar Association’s Annual Survey of Lawyer Discipline (SOLD) and developed five measures of discipline: number of complaints; number of lawyers accused of misconduct; the relationship between the number of lawyers assigned and the number of complaints; the budget for the discipline of lawyers; and workload per disciplinary lawyer.

In scoring the highest, New Hampshire had the fourth fewest complaints of the 50 states, the fourth lowest case count, and the fourth highest case count per disciplinary attorney.

Alabama’s highest ranking was 25th among indicted attorneys, and the state finished no better than No. 31 in the other four categories.

After Vermont, the states with the highest composite scores are: South Carolina; Texas; California; Hawaii; Georgia; Virginia; and Washington. The other states in the bottom 10 of the ranking were: Kentucky; Ohio; North Carolina; Indiana; Montana; and Idaho.

McNulty and Damm said they were unaware of another study that used SOLD data to assess lawyer discipline and its effect on state growth.

The researchers noted that if the states are alike in all material respects except for lawyer discipline, it is likely that lawyers struggling with ethical issues will choose to practice in the most lenient area. Additionally, companies that generate large profits through unethical practices such as racketeering, extreme pollution, and predatory lending are more likely to do business in states where there are more lawyers for defend them and who are willing to deviate from the standards governing the legal profession.

“Prosecutors are officers of justice,” according to the study. “If citizens cannot trust the people who make and enforce laws, it is more difficult for any society to function effectively.”

Paul Owers Florida Atlantic University College of Business 561-221-4090 [email protected]

Copyright 2022 GlobeNewswire, Inc.

Aikta Marcoulier: SBA Helps Montana Communities – Homeowners, Renters, Nonprofits and Businesses – Recover Quickly from Disasters | Columnists

June 17, 2022

Montana Mortgages

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AKITA MARCOULIER

Montana is no stranger to disasters, both natural and man-made. The state has a long history of natural disasters, including floods, wildfires, tornadoes, and drought. The recent flooding near Yellowstone National Park is an example of this problem. It’s more important now for residents and small businesses to remember that the best course of action to limit damage from natural disasters is to prepare before disaster strikes.

The Biden administration and SBA Administrator Isabella Casillas Guzman have been at the forefront of ensuring that small businesses, nonprofits, and individual landlords and tenants impacted by natural disasters across the country are getting the support and recovery assistance they need, and the tools to build resilience.

Natural disasters are not only more devastating; they also happen faster, more frequently, and often change rapidly in complexity and scope. In 2020, the United States suffered twenty-two separate billion-dollar disasters – the largest in our history – but space experts expect that number to continue to rise. As the anchors of our communities, small businesses rely on resilient neighborhoods for their customers and employees, and SBA disaster relief loan programs help communities recover quickly.

People also read…

• The SBA Disaster Loan Program is the only federal assistance program that provides private homeowners with an affordable way to lessen the impacts of disasters and protect their homes, families, businesses, employees and livelihoods against the next disaster.

• SBA disaster loan funds can be used to cover insurance deductibles, refinance an existing mortgage, pay for mitigation and protection upgrades, relocate to a safer, lower-risk area, and Moreover. These loans have fixed interest rates amortized over 30 years for low monthly payments and provide an affordable way for homeowners to fully repair/replace their disaster losses not covered by other resources.

• Borrowers using SBA’s physical disaster loan programs are also eligible for up to 20% of their total physical losses, as verified by the SBA, to incorporate additional safeguards to mitigate future damage and loss against the next disaster.

• The SBA offers non-pandemic economic disaster loans to help small businesses, small agricultural cooperatives, and most private nonprofit organizations in a declared disaster area rebuild after suffering a loss. substantial.

• The SBA has several local partner resources to help business owners develop a disaster continuity plan, whether your business is in disaster relief, recovery, or continuity. Across Montana, there are more than fifteen resource partner offices, including Small Business Development Centers, SCORE, a Veterans Awareness Center, and a Women’s Business Center to help you plan for your disaster.

The best way to mitigate the effects of a disaster is to create a disaster continuity plan. This plan should outline how you will contact family, friends, employees and first responders after a disaster. You should also review your insurance coverage to ensure it is up to date and covers all necessary costs. Most importantly, practice and evaluate your plan with family members, managers, and staff to make sure it works. For more information about SBA’s disaster programs, please visit sba.gov/disaster and be sure to follow us on Twitter @SBArockymtn.

Aikta Marcoulier is the SBA’s regional administrator based in Denver. She oversees agency programs and services in Colorado, Montana, Utah, North Dakota, South Dakota and Wyoming.

Daines Slams Democrats Who Killed His ‘Gas Price Relief Act’

June 15, 2022

Montana Economy

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Montana Sen. Steve Daines recently joined Kansas Sen. Roger Marshall in introducing a bill to lower gasoline prices for Americans, called “The Gas Prices Relief Act,” but Bill was killed before exiting the Senate.

Daines appeared on the floor of the US Senate on Tuesday to express his anger and disappointment with senators who opposed the bill. He explained the premises of the bill.

“Madam President, the price at the pump has skyrocketed,” said Senator Daines. “Let’s take a quick trip down memory lane. When President Biden was sworn in, the average weekly gasoline price was around $2.30 per gallon. In fact, when we introduced the bill that we’re trying to pass today, the Gas Price Relief Act, on March 31 of this year, the weekly average was $4.02 a gallon . The weekly average is now $4.84. In fact, other studies show it’s now $5 and climbing.

Daines shared an anecdote from his last trip back to Montana.

“We believe these numbers will continue to rise, and most analysts agree,” he said. “We could be facing $6.00 per gallon of gasoline by this summer. I filled up my van in Belgrade, Montana Friday night. My wife and I stopped at a gas station and when the tank was full the price was $138. The pain at the pump Montana families are feeling today is due to the Democrats’ anti-American energy policies.

Daines asked the senators present about a possible solution, referring to what President Biden has already suggested to bring down gas prices.

” What is the solution ? ” He asked. “We hear President Biden turning to foreign dictators for more oil, tapping or oil reserves or pleading with OPEC to increase production. But perhaps the most disconnected solution I’ve heard, he simply suggests that families buy electric vehicles. I can say that won’t work in a state like Montana. The real solution is to unleash American energy and encourage American energy investment.

Daines explained the benefits of the Gas Price Relief Act.

“This bill I have with Senator Marshall was simple,” he said. “This prevents the Biden administration from imposing new rules or regulations that would reduce the production of petroleum gas or renewable fuels, which would therefore increase gas prices for hard-working Montanese. I urge my colleagues across the way to think about the hard working families across the country. How they try to make ends meet, think of their constituents, who depend on affordable gas prices to get to work or drop their kids off at school. I urge my colleagues opposite who say they support American energy development and want to reduce gas costs to support this bill.

The Senate voted this week to kill the bill.

WATCH: See how much gas it cost the year you started driving

To learn more about how gas prices have changed over the years, Stacker calculated the cost of a gallon of gas for each of the past 84 years. Using data from the Bureau of Labor Statistics (released April 2020), we analyzed the average price of a gallon of regular unleaded gasoline from 1976 to 2020 along with the consumer price index (CPI ) for regular unleaded gasoline from 1937 to 1976, including absolute and inflation-adjusted prices for each year.

Read on to explore the cost of gas over time and rediscover how much a gallon cost when you first started driving.

Discover the must-see roads in each state

WATCH: Here are the 10 US golf destinations with the most courses per capita

Find out where you can find the best access in the country for your course choice, the unique terrain that lends itself to world-class golf and what makes certain clubs stand out.

Plumas Bancorp awarded among the best banks in its category

June 15, 2022

Montana Mortgages

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RENO, Nev., June 15, 2022 (GLOBE NEWSWIRE) — Plumas Bancorp (NASDAQ:PLBC), the holding company of Plumas Bank, announced several accolades by leading financial investment firms that assess the performance of financial institutions at national scale. Honors are awarded based on key performance indicators that signal positive value to potential investors and indicate an institution’s ability to generate consistent growth.

Building on over 40 years of excellence, Plumas Bancorp has again been recognized with numerous awards from key financial industry groups. “Plumas Bank is focused on building strong communities – one business and one customer at a time. This foundation drives us to deliver banking excellence and deliver strong value to our customers, shareholders and local communities,” said Andrew J. Ryback, President and CEO, Plumas Bancorp and Plumas Bank.

Ryback continued, “We are growing and performing very well despite the past two years of volatility with the pandemic and wildfires that have devastated our region. These accomplishments are a testament to the strategic vision of our Board of Directors and our leaders and the incredible work of each member of the team.

DA Davidson Bison Select Report recognizes Plumas Bancorp for Fourth consecutive year
For the fourth consecutive year, Plumas Bancorp has met the criteria to be included in DA Davidson’s 2021 Bison Select Report. A financial services firm, DA Davidson releases the semi-annual research report with a focus on recognizing high performing emerging institutions that may be overlooked by investors due to their size.

The Raymond James Bankers Cup awarded to Plumas Bancorp for the fifth consecutive year
For the fifth consecutive year, Plumas Bancorp received the prestigious Raymond James Bankers Cup. Plumas Bancorp ranked in the top 10% out of 229 community banks with assets between $500 million and $10 billion. Additionally, it has consistently ranked among the top five banks every year since 2017. Recognition is based on profitability, operational efficiency, and balance sheet metrics. The Community Bankers Cup recognizes outstanding performance and rewards community banks that create long-term shareholder value.

Findley Reports awards Plumas Bancorp its highest recognitionsame years in a row
For the seventh consecutive year, The Findley Reports, Inc. has recognized Plumas Bancorp as a Super Premier Performing Bank – the highest of The Findley Report’s recognition levels. Plumas Bank is one of 84 Western banks to receive a Super Premiere rating for performance in 2021. Findley’s annual review rates banks on increased liquidity, capital adequacy, structure and growth of assets, quality of loan portfolio and deposits, operational performance, return on equity and stability of senior management.

2022 KBW Bank Honor Roll names Plumas Bancorp as one of the best banking institutions in its category
For the first time, Plumas Bancorp has been added to the coveted Keefe, Bruyette & Woods, Inc., Bank Honor Roll. The winners are publicly traded banking institutions with more than $500 million in total assets that have consistently recorded increases in annual earnings per share over the past decade. KBW found that 17 banking institutions, or only 5% of all banks reviewed, qualified to be on the 2022 KBW Bank Honor Roll.

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About Plumas Bancorp and Plumas Bank
Founded in 1980, Plumas Bank is a locally managed, full-service community bank headquartered in Quincy, California. The bank’s holding company, Plumas Bancorp, was established in 2002 and entered the Nasdaq small cap market in 2005. Plumas Bancorp is headquartered in Reno, Nevada. Plumas Bank operates fourteen branches: twelve located in the California counties of Plumas, Lassen, Placer, Nevada, Modoc, Shasta and Sutter, and two branches located in Nevada in Washoe and Carson City counties. The bank also operates three loan origination offices: two located in California’s Placer and Butte counties, and one located in Klamath County, Oregon. Plumas Bank offers a wide range of financial and investment services to consumers and businesses and has been awarded Nationwide Preferred Lender Status with the United States Small Business Administration. For more information about Plumas Bancorp and Plumas Bank, please visit our website at plumasbank.com.

About DA Davidson
DA Davidson Companies is an employee-owned financial services company providing a range of financial and advisory services to individuals, businesses, institutions and municipalities nationwide. Founded in 1935 with headquarters in Great Falls, Montana, and regional headquarters in Denver, Los Angeles, New York, Omaha and Seattle, the company has approximately 1,475 employees and offices in 27 states.

About Raymond James Financial, Inc..
Raymond James Financial, Inc. (NYSE: RJF) is a leading diversified financial services company providing services to private client groups, capital markets, asset management, banking and other retail services. , businesses and municipalities. The company has approximately 8,700 financial advisors. Total client assets are $1.18 trillion. Public since 1983, the company is listed on the New York Stock Exchange under the symbol RJF.

About Findley Reports
Since 1967, The Findley Reports has been the foundation of Findley Companies, providing valuable and accurate financial information to help directors and management navigate the challenges and complexities of banking. The Findley Reports provide the banking industry with performance benchmarking through its annual Super Premier Performing, Premier Performing and Commendable Performing designations.

About KBW
KBW (Keefe, Bruyette & Woods, Inc.) is a Stifel company. Over the years, KBW has established itself as a leading independent authority in the banking, insurance, brokerage, asset management, mortgage banking and specialty finance industries. Founded in 1962, the firm maintains leadership positions in research, corporate finance, mergers and acquisitions, and the sale and trading of equity securities of financial services companies.


        

A look back at the Colorado Avalanche’s very first game in 1995, the Stanley Cup victory in 1996

June 14, 2022

Montana Lending

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DENVER — The Colorado Avalanche’s first-ever game of 1995 started and ended with a bang, kicking off a season that ended with the Lord Stanley Cup in the hands of all Denver’s new hockey team.

The Avs traveled to Denver via financial difficulties in Quebec City, Quebec, Canada. The Quebec Nordiques were truly a “low level team” and Comsat Entertainment (now Ascent Entertainment) purchased them on May 25, 1995. The deal was finalized on July 1 and after the Nordiques moved to Denver, the franchise was officially named the Colorado Avalanche about a month later, according to the NHL.

It rekindled enthusiasm for the city of Denver and the Colorados who had no local team to cheer on since the Colorado Rockies hockey team relocated to become the New Jersey Devils in 1982.

After the move was announced, more than 12,000 season tickets were sold in 37 days, according to the NHL.

On the evening of Oct. 6, 1995, the Avs donned their new uniforms and skated on the ice at Denver’s McNichols Sports Arena — which was torn down and rebuilt as the Pepsi Center in 2000 and renamed the Ball Arena in 2020 — for their first match. Fireworks exploded into the air in celebration, according to the Associated Press.

In its very first regular season game, the Avalanche won 3-2 against the Detroit Red Wings in front of a sold-out arena, with left winger Valeri Kamensky scoring two goals, including one near the 10th minute and another with less than four minutes left in the game. Defender Craig Wolanin scored the second goal, the AP reported.

The Vancouver SUN | October 7, 1995 (Joe Mahoney/Associated Press photo)

The puck found the net behind Avs goaltender Stephane Fiset within the first two minutes of the game, but he was “almost flawless thereafter, stopping 30 shots,” according to the AP.

“After the first goal I knew I had to close the door,” Fiset told the AP. “It’s my job, just to keep the team in the game. I knew we had a lot of time to score, so I just wanted to keep us close and give us a chance to win.

The first penalty in Avalanche history was awarded to Claude Lemieux for a high stick 42 seconds into that game, according to the AP.

READ MORE: Commerce City boy practices in full goalie gear while watching Avalanche games

After the Avs’ victory that night, NHL Commissioner Gary Bettman helped raise a banner at McNichols Sports Arena in Denver to signal the successful return of hockey to Colorado.

It “proved to be a hit with the vocal fans and Avalanche players,” the AP wrote the next day.

Headlines touted the Avs win: “Red Wings buried by Avalanche,” “Avalanche start season in Denver,” “Avalanche slide to 3-2 win with Kamensky goal in third.”

“If goalie Stephane Fiset doesn’t fade in the playoffs like he did last season, the team is a Stanley Cup threat,” wrote a Montana Standard reporter.

The players also expressed their enthusiasm to the media.

Right-winger Owen Nolan told The Gazette from Quebec that “We had good fans in Quebec, but it’s like night and day when it comes to volume. … It’s really a great motivator, especially when the guys are tired. pick us up as a team.

Avalanche Captain Joe Sakic — now Executive Vice President of Hockey Operations for the Avs — says the Red Wings caught them off guard early on.

“It was pretty important for us to knock out the first one at home, and it shows how far we’ve come,” he told The Associated Press.

The Avs fought tooth and nail throughout the regular season, acquiring big names along the way, like goaltender Patrick Roy and forward Mike Keane in December 1995.

After a season of ups and downs – but mostly ups – Denver was buzzing with excitement in May 1996 as the city’s new home team headed to the Stanley Cup Finals against the Florida Panthers.

Final tickets were the most popular items in town, The Daily Sentinel reported on May 31, adding that fans gathered outside the 16,000-seat McNichols Arena hours before tickets became available in the hope to get a seat to see the series.

VANBIESKBROUCK FITZGERALD RICCI

ED ANDRIESKI/Associated Press

Colorado Avalanche center Mike Ricci, bottom forward, falls to the ice after hitting the puck for a goal past Florida Panthers center Tom Fitzgerald, center, and goaltender John Vanbiesbrouck in the second period during the first Stanley Cup game at McNichols Sports Arena in Denver on Tuesday, June 4, 1996. (AP Photo/Ed Andrieski)

Game 1 started on June 4, 1996.

How was the series? As the AP wrote on June 11, the day after Game 4 in Miami: “The Colorado Avalanche took a long time to make quick work of the Florida Panthers.”

In a four-game sweep, the Avs clinched victory, but not before the longest playoff day of the season, when the game went to triple overtime. With 44:31 of overtime – lending to a game that from start to finish lasted four hours and 58 minutes – Game 4 is ranked as the longest scoreless contest and the third longest in the history of the final of the Stanley Cup, the AP reported.

Defender Uwe Krupp scored the game-winning goal at 4:31 of third overtime.

Team captain Sakic, also the league’s MVP that year, called the victory the greatest moment of his life. In total, he scored 18 playoff goals, nearly tying the NHL record. Of those 18, six were winners, according to the AP.

Joe Sakic holding the Stanley Cup after winning in 1996

The Daily Sentinel | June 11, 1996 (Associated Press photo)

Even the Panthers acknowledged the outstanding competition.

“There’s not a guy in the room that I’m not personally proud of,” Panthers player John Vanbiesbrouck told the AP. “The game was intense. It was an epic game.”

The Avs praised their goaltender, Roy, as an “almost royal thing” who wasn’t the loudest, strongest or fastest player, but “there’s no doubt he’s the Colorado Avalanche man,” the Daily Sentinel reported on June 11.

Sports Illustrated Colorado Avs 1996 Stanley Cup Victory

The Daily Sentinel | June 12, 1996 (Associated Press photo)

“Hockey is a dynamic sport,” Av defender Sylvain Jean Lefebvre told a reporter. “And there will be times when the other team will have it. A lot of times in those situations it’s up to the goalkeeper to reverse the momentum. It’s up to the goalkeeper to calm everybody down, to bringing everyone back to the same page. And when your keeper is Patrick Roy, when you look back and see him in the net, it’s an incredible feeling. You just know that everything is going to be okay.

As victory came in Miami, Denver’s Larimer Square erupted with horns and cheers after Krupp’s goal.

“For all of us who have been waiting to say we are the world champions of something, we can finally say it,” former Denver mayor Wellington Webb told the AP. “We are very proud of it and we are going to celebrate all aspects of it.

In a newspaper article published two days after the victory, the AP wrote that the Avalanche “did what the Broncos of the NFL and the Nuggets of the NBA could not accomplish, which the Rockies of hockey (who later moved to New Jersey) failed to approach in six seasons and what baseball’s Rockies only see in their dreams.

CORBET

RICK BOWMER/ASSOCIATED PRESS

Colorado Avalanche’s Rene Corbet hoists the Stanley Cup in the air after the Colorado Avalanche beat the Florida Panthers 1-0 in triple overtime to sweep the final 4-0 in Miami on Monday, June 10, 1996. (AP Photo/Rick Bowmer)

Excluding the first five years of major North American professional sports leagues, the Avs were only the second team to win a title in their first year, the AP reported.

Among the celebrations, first-year coach Marc Crawford paid tribute to dedicated Nordiques-turned-Avs fans in Quebec.

“I would like them to feel included in our victory,” he told the AP. “We lived in a wonderful hockey city and we were lucky to be welcomed into another. We had a beautiful house in Quebec and now we have a beautiful house in Denver.

It was a nod to a long journey crowned with the best prize in the game.

“A year ago Denver didn’t have a hockey team. Now he has a Stanley Cup,” the AP article read.

Although the Avs had successful games in subsequent regular seasons, they didn’t make a return to the Stanley Cup Finals until 2001 when the team defeated the New Jersey Devils in Game 7. .

The Avalanche are now back in contention for the Stanley Cup for the first time since 2001 as they prepare to face the Tampa Bay Lightning.

Oilers Avalanche Hockey

Jack Dempsey/AP

Colorado Avalanche goaltender Pavel Francouz skates on the ice after the team’s 4-0 win over the Edmonton Oilers in Game 2 of the Western Conference Playoff Finals of the NHL Stanley Cup on Thursday, June 2, 2022, in Denver. (AP Photo/Jack Dempsey)

Game 1 begins at 6 p.m. Wednesday and Denver7 brings you all the action on our airwaves.

Here’s a breakdown of the games, which all start at 6 p.m. on Denver7 (with pregame coverage at 5:30 p.m.):

  • Game 1: Wednesday, June 15
  • Game 2: Saturday June 18
  • Game 3: Monday, June 20
  • Game 4: Wednesday, June 22
  • Game 5: Friday, June 24 (if needed)
  • Game 6: Sunday June 26 (if needed)
  • Game 7: Tuesday, June 28 (if needed)

Click here for more ways and places to watch Stanley Cup Finals games.

READ MORE: Ball Arena and Denver Sports Commission speak out on Stanley Cup Final impacts

East Helena man convicted of bank fraud in $1million COVID-19 relief package

June 13, 2022

Montana Mortgages

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An East Helena man who admitted to lying in a scheme to receive more than $1 million in Paycheck Protection Program (PPP) loans backed by the Small Business Administration (SBA) for aid to coronavirus relief and using the money instead for personal gain was sentenced on June 7 to 30 months in prison, followed by three years of supervised release, according to a press release from the US attorney’s office.

Trevor Gene Lanius-McLeod, 48, pleaded guilty in December 2021 to bank fraud and engaging in monetary transactions in property from specified illegal activities.

Chief U.S. District Judge Brian M. Morris presided. Chief Justice Morris also ordered restitution of $1 million, $125,000 of which will be paid jointly with co-defendant Kasey Wilson who was sentenced in March 2022.

“During a difficult time in our country’s history, Lanius-McLeod stole money from a government program designed to keep businesses afloat and lined their pockets at the expense of truly needy businesses. Today we send a strong message that such fraud will not go unpunished in the District of Montana. I want to thank Assistant U.S. Attorney Colin M. Rubich, IRS Criminal Investigation, the FBI, and all of our law enforcement partners for their work on this case,” U.S. Attorney Jesse Laslovich said.

The PPP program, part of the federal CARES (Coronavirus Aid, Relief and Economic Security Act), provided emergency assistance to small businesses for job retention and certain other expenses.

“Today’s sentence is a direct reflection of the seriousness of Mr. Lanius-McLeod’s crimes,” said Andy Tsui, special agent in charge of the IRS local office of criminal investigations in Denver. “Not only is Lanius-McLeod guilty of crimes against the federal government, but he also victimized individuals and businesses that the Paycheck Protection Program was meant to protect. These actions will not be tolerated, and the judge’s decision sends a clear message to those who attempt to defraud CARES Act programs that these crimes will not go unpunished.

In court documents, the government alleged that beginning in April 2020, Lanius-McLeod devised a scheme to fraudulently obtain PPP money. Lanius-McLeod applied for four PPP loans through the Valley Bank of Helena. In the applications, Lanius-McLeod made numerous material and false statements to obtain approximately $1,043,000 in fraudulent funds from the four loans. In addition, Lanius-McLeod applied for and received a PPP loan in the amount of $349,000 on behalf of Renovated Montana Properties LLP, an entity controlled by Lanius-McLeod.

Lanius-McLeod made numerous misrepresentations about the PPP loan application. If not for the misrepresentations, Lanius-McLeod would not have qualified for a PPP loan. The defendant falsely stated that Renovated Montana Properties LLP paid payroll taxes and had 25 employees. The company never paid payroll taxes and had no employees outside of Lanius-McLeod.

The government further alleged that, in a promissory note, the defendant agreed to use the funds for business-related expenses. None of the loan money was used for these purposes. Instead, the proceeds were spent on various personal expenses, including the mortgage on Lanius-McLeod’s personal residence.

“Trevor Lanius-McLeod greedily robbed small businesses that depended on PPP funds to survive,” said Salt Lake City FBI Special Agent in Charge Dennis Rice. “His sentence should serve as a reminder that the FBI and our federal partners are working vigilantly to ensure that federal aid funds are used as intended, and that those who defraud these programs will be held accountable.”

Assistant U.S. Attorney Colin M. Rubich prosecuted the case, which was investigated by the IRS-Criminal Investigation and the FBI, with assistance from the U.S. Treasury Inspector General for the US tax administration and secret service.

On May 17, 2021, the Attorney General established the COVID-19 Fraud Enforcement Task Force to mobilize the resources of the Department of Justice in partnership with agencies across government to scale up efforts to combating and preventing fraud linked to the pandemic.

The task force strengthens efforts to investigate and prosecute the most culpable domestic and international criminal actors and assists agencies administering relief programs to prevent fraud, among other methods, by increasing and integrating coordination mechanisms existing ones, identifying resources and techniques to uncover fraudulent actors and their agendas, and sharing and leveraging information and knowledge gained from previous enforcement efforts. For more information about the Department’s response to the pandemic, please visit https://www.justice.gov/coronavirus.

Anyone with information about alleged attempted fraud involving COVID-19 can report it by calling the Department of Justice’s National Center for Disaster Fraud (NCDF) hotline at 866-720-5721 or via NCDF’s online complaint form at: https://www. .justice.gov/disaster-fraud/ncdf-disaster-complaint-form.

NJ senator calls for discrimination based on height and weight to be banned

June 13, 2022

Montana Loans

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Currently, Michigan is the only state in the nation that prohibits discrimination based on height or weight under its civil rights law, and there is no such federal law.

New Jersey State Sen. Andrew Zwicker of D-Monmouth Junction would like to see the Garden State become the second in the United States to ban such biases in hiring, housing and educational practices.

“It’s a serious issue, and we don’t condone racial discrimination, gender discrimination, or age discrimination,” Zwicker said.

His bill (S2741), which was introduced June 2 and referred to the Senate Labor Committee, would categorize rejection based on height and weight under the state’s “anti-discrimination law.”

It’s something Zwicker said some other states or individual cities have come up with, but he was “shocked” to learn was not on New Jersey’s books.

He said studies have shown “widespread” discrimination specifically around weight, usually much more in women than in men, and he thinks it’s both harmful and hurtful.

“A study I saw said that between 20% and 40% of overweight people reported some sort of discriminatory behavior towards them,” Zwicker said. “Society put in these ideal sizes, these ideal weights, and those are just things that have been created, and not everyone fits that ideal. And so, people are treated differently.”

According to the wording of Zwicker’s proposal, Michigan law prohibits discrimination in “employment, education, housing, public housing, and public office,” among other grounds, and the senator hopes to cover the same ground. with the New Jersey bill.

Exceptions are provided for cases “in which an individual’s height or weight is a bona fide occupational qualification”, the bill says.

In short, Zwicker’s legislation would empower someone who believes they have suffered such discrimination to sue.

He cited an Atlantic City case years ago, in which a judge dismissed a lawsuit brought by female casino workers who were weighed weekly and threatened with dismissal because there was no basis in New Jersey law to support their claims.

This bill, he said, would close that loophole.

“It’s more than common sense, it’s just the right thing to do, that’s why I wrote it and why I stand for it now,” Zwicker said.

Zwicker intends the legislation to take effect immediately if and when it is passed and signed by the governor.

Patrick Lavery is a reporter and anchor for New Jersey 101.5. You can reach him at [email protected]

Click here to contact an editor about a comment or correction for this story.

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Sri Lanka’s steps towards the end of the heat wave – Analysis – Eurasia Review

June 12, 2022

Montana Lending

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With progress towards political stability and the assurance of broad external support, there is hope that Sri Lanka will overcome the crisis.

After months of economic distress, peaceful expressions of public anger punctuated by indiscriminate violence, political strife and institutional instability, Sri Lanka now seems on the road to a return to normalcy.

There’s no denying that the winding queues for fuel and cooking gas are still there, and the prices for basic necessities are sky-high. Some basic necessities such as powdered milk have either disappeared from the market or are too expensive. But the power supply has improved significantly, putting an end, so to speak, to an “age of darkness”.

The term of government, which had ceased to run in several parts of the country, including the critical space outside the president’s office in Colombo, has been reinstated. The threat of disciplinary action prevented a strike by Ceylon Electricity Board engineers, which would have cut power to the entire island. The engineers demanded the cancellation of two energy projects financed by the foreign private sector, including one by the Adanis of India.

As India continues to deliver essentials like food, fuel, fertilizer and medicine to the best of its ability, China has finally come out of its shell and signaled its readiness to step in to help the Sri Lanka in trouble. A row with Russia (a potential fuel supplier) over the legality of an Aeroflot flight ended in a diplomatic engagement, albeit belatedly. Apparently, it takes time for the Lankan bureaucracy to assimilate Prime Minister Ranil Wickremesinghe’s advice that it should treat the country’s traditional friends with respect and consideration.

Political stability

Painfully elusive political stability now seems within reach. It finally became clear to the main political actors, both on the side of power and the opposition, that without political stability, international financial assistance will not be available.

While President Gotabaya Rajapaksa has remained steadfast in his position that he would only step down if expelled by constitutional means and not under pressure from street agitators, the Aragalaya or The struggle to force him to quit has run out of steam. This allowed him to start functioning normally. But the “Go Gota Go” activists could take satisfaction from the fact that they ousted the other Rajapaksas, including Prime Minister Mahinda Rajapaksa.

Appointment of Wickremesinghe

The problems created by instability in Parliament and confusion in foreign relations were partially resolved by the appointment of Ranil Wickremseinghe as Prime Minister in place of Mahinda Rajapaksa. Although Wickremesinghe’s appointment was bitterly criticized for being the only member of his party in parliament, Wickremesinghe highlighted his good relations with the international community and donors.

The dispute in parliament over the content of the 21st Amendment (21A) aimed at reducing the powers of the executive president seems to end with the removal of one of the main obstacles. Basil Rajapaksa, a powerful member of the ruling Sri Lanka Podujana Peramuna Party (SLPP) and a dual citizen (US-Lanka), resigned on Thursday, abiding by a clause in Bill 21A which stated that dual citizens are not eligible to hold political office. . Once that issue is resolved and MPs agree to let the president retain the defense portfolio, 21A is expected to pass with the required two-thirds majority and without a referendum.

Given the informal agreement between President Gotabaya and Prime Minister Wickremesinghe to work harmoniously, the unfortunate history of Sri Lanka’s troubled diarchies will hopefully not be repeated. This will help the international community to trust the government of Lanka and accelerate its aid programs.

The likely appointment of leading entrepreneur Dhammika Perera to replace Basil Rajapaksa as the ruling SLPP MP will be welcomed by the business sector as well as the international community as he has released a detailed plan to improve Sri Lanka’s revenue. , sector by sector. . It could even be housed in cabinet in line with the president’s and prime minister’s penchant for involving subject matter experts in governance.

The Prime Minister held talks with IMF Managing Director Kristalina Georgieva to expedite the services-level agreement with Sri Lanka and extend the IMF facility by September. For its part, China said it is “ready to work with relevant countries and international financial institutions to continue to play a positive role in supporting Sri Lanka’s response to the current difficulties and efforts to alleviate debt burden and achieve sustainable development”.

Long way to go

While these developments are encouraging, Sri Lanka still has a long way to go before normalcy is restored. The prime minister has told parliament that Sri Lanka needs to find US$3.3 trillion for oil imports over the next six months. It would need US$250 million over the next six months to supply cooking gas. He warned that winding queues at petrol stations would continue for the next three weeks and called for fuel rationing through a coupon system.

Sri Lanka’s annual rice requirements are 2.5 million tonnes. But he only has 1.6 tons in stock. To overcome severe shortages in the coming months, Sri Lanka must import $150 million worth of rice each month. It would cost $600 million a year to import fertilizer. An improvement in the harvest situation is not expected until February 2023.

A recent study by the World Food Program (WFP) found that 73% of participating households had reduced their diet and food intake. Sri Lanka needs US$5 billion over the next six months to ensure daily life is not disrupted. Another billion US dollars is needed to strengthen the rupee. In total, the country needs 6 billion dollars, at least, for the next six months.

According to the Central Bank, average GDP growth in 2022 will be -3.5% but according to the International Monetary Fund, growth will be negative at 6.5%, partly due to the conflict in Ukraine. Recovery is only expected in 2024.

Sri Lanka’s foreign loans amount to $53 billion. Many loan installments received from multilateral institutions are due to be repaid this month. In fact, Sri Lanka has already defaulted and is seeking new repayment reschedulings.

Loss of income

The prime minister said the government lost LKR 6.6 billion ($18.3 million) in revenue with the abolition of a tax system introduced in 2019. Inflation rose with money printing . LKR 2.5 billion has been released into the economy from 2020 to May 20, 2022. There has been chronic mismanagement of finances by ministries. The government is unable to provide funds to cover the losses of any of the public enterprises.

Corrective actions

Regarding the proposed corrective measures, the Prime Minister said that with the help of the IMF, by 2024, Sri Lanka will have an economic recovery plan. By 2025, the budget could be balanced.

“We call on the International Monetary Fund to organize a conference to help unite our lending partners. The holding of such a conference under the leadership of India, China and Japan will be a great strength for our country. China and Japan have different credit approaches. We hope that consensus on lending approaches can be reached through such a conference,” the Prime Minister said.

Provisional budget

The interim budget will reduce unnecessary government spending, while controlling other costs, he said. On what is for the poor, Wickremesinghe said the annual expenditure to provide various reliefs to economically backward people will increase from $350 million to $550 million. Loans to farmers would be amortized at 100%. Loans obtained by farmers with less than two hectares of land will be stopped immediately.

Sherman Anderson: Correct the ‘Cottonwood’ decision | Columnists

June 12, 2022

Montana Economy

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SHERMAN ANDERSON

With an active wildfire season ahead, state and federal authorities are doing everything they can to protect our communities, wildlife, water resources and forests. One way to do this is to break the impasse in the management of federal forests and allow the implementation of wildfire mitigation projects. Montana senators can help by supporting legislation to correct the “Cottonwood” decision that blocks common sense management of national forests.

In recent years, lawsuits related to the Ninth Circuit’s Cottonwood decision have halted dozens of forest management projects in western Montana. The move created a new layer of government bureaucracy and red tape, necessitating further consultation among federal agencies on forest plans each time a new species is listed under the Endangered Species Act, qu critical habitat is identified or “new information” becomes available.

The decision created numerous anti-management lawsuits, adding years of delays to forest thinning projects that can help reduce the size and intensity of today’s wildfires. In an infamous example, the Cottonwood decision halted the Stonewall Vegetation Project in the Lewis and Clark National Forest. Litigation over the project was not resolved until the Park Creek and Arrastra fires burned unhealthy, overgrown forests that would have been proactively addressed.

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The Cottonwood decision has prevented our public land managers from looking after the land and ensuring that our national forests remain safe and accessible for all Montanese to enjoy. It has also blocked efforts to improve wildlife habitat and protect our watersheds and water supplies. Many of these projects were developed by local collaborations with diverse interests and had already undergone lengthy environmental reviews.

As our forests burn, the ruling has only served to add more duplicate paperwork to our flawed forest management system and added more costs to American taxpayers. It has also hurt our economy by costing family jobs in lumber. We simply cannot afford to lose our ability to manage forests and provide affordable Montana-made wood products.

Senator Steve Daines has tabled a bill that would allow public land managers and wildlife biologists to track the best available science for consultation. This would provide much-needed clarity in current regulations, so agencies can achieve their conservation goals rather than being stymied by anti-forestry lawsuits. The bill is supported by leading wildlife and outdoor conservation groups such as the Rocky Mountain Elk Foundation and the National Wild Turkey Federation.

There has been bipartisan support in the past to correct the Cottonwood decision and allow forest management projects to continue. This work began during the Obama administration, when President Obama’s Justice Department sought to overturn the Ninth Circuit’s decision all the way to the United States Supreme Court. While Republicans and Democrats in Congress — including Sen. Jon Tester — have backed legislation to address parts of the ruling, serial litigants are still using Cottonwood to block needed stumpage projects.

There is an urgent need to approve this new solution to the Cottonwood decision, but it is difficult for anything to pass in Congress these days. In a divided US Senate, Senator Jon Tester and Senator Steve Daines have an important opportunity to help advance a bipartisan solution through Congress. Time is running out for another active wildfire season. The time to act is now.

Sherman Anderson is the owner of Sun Mountain Lumber at Deer Lodge. His company is the largest private employer in Powell County and he is dedicated to keeping Montana’s forests healthy and resilient.

Helena Man jailed for defrauding COVID-19 relief fund

June 11, 2022

Montana Loans

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Trevor Gene Lanius-McLeod, 48, of East Helena, was sentenced in Great Falls Federal District Court this week to nearly three years in prison and must pay more than $1 million in restitution for defrauding the federal government’s Paycheck Protection Program.

KGVO News reached out to Amanda Prestegard, IRS Criminal Investigative Special Agent in the Denver Field Office.

“He personally took out four Paycheck Protection Program loans through the Valley Bank of Helena,” Prestegard began. “In the applications, he made material and false statements to obtain $1,043,000 in fraudulent funds from these four loans. On top of that, he used a company called Renovated Montana Properties, which was an entity he controlled, to apply for another loan that amounted to nearly $350,000.

Prestegard said Lanius-McLeod deliberately falsified the information he used in the applications.

“So in all of these loans, the applications contained misrepresentations,” she said. “It was based on the fact that he had declared that he paid payroll taxes, that he had 25 employees and that he paid an average monthly salary charge of $139,000. And all of that was wrong. So basically he just filed a bunch of bogus claims, got money he thought was for his businesses, and then used it for his personal gain.

Prestegard said Lanius-McLeod also had a partner in crimes.

“In this case, he was sentenced to three years in prison and his accomplice Casey Jones-Wilson was sentenced to a year and a day in prison,” she said. “We’re seeing some pretty significant jail time which obviously correlates to the amount of money that’s been stolen from the programs. In this case, he will owe over a million dollars in restitution on top of the three years that he will serve in prison, and his co-conspirator will have to repay more than $100,000.

She said the Cares Act had attracted many fraudulent loan applications that the IRS was investigating.

“What it looks like now is a small percentage, but it’s still a huge success for the program,” she said. “We looked at a lot of these cases. We investigated over 660 cases nationwide of people trying to defraud these Cares Act programs, and it resulted in approximately $1.8 billion in fraudulent money being received.

The proceeds were spent on various personal expenses, including the mortgage on Lanius-McLeod’s own home.

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Low Mortgage Rates, Low Inventory, Migration, Causing Boiling Real Estate Market

June 11, 2022

Montana Mortgages

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The rise in home values ​​over the past two years, which has fueled the boiling real estate market in many places across the country, is due to a variety of factors, Freddie Mac reported this week.

The federally funded housing finance company, licensed by Congress in 1970, operates in the secondary mortgage market, buying loans from approved lenders, giving it the ability to issue more mortgages and bring more Americans in their own homes, according to the organization.

The company reported Thursday that home prices have jumped 33% nationally over the past two years, largely due to low mortgage interest rates, falling home inventories due to underconstruction and declining distressed sales, and the migration of people out of cities to suburban and rural parts of the country.

Despite the COVID-19 pandemic, interest rates have fallen to a low of just 2.7% in 2020, nearly 2% lower than the 4.7% rate in 2018, helping homeowners looking to refinance and increasing demand from home buyers entering the market.

The company said falling inventory of homes, which were already in short supply before the pandemic hit, has also driven prices higher with fewer homes available relative to buyer demand.

“An increase in home sales and a decline in homes listed for sale are both clearly noticeable (in the data),” the report said. “Sales would have been – and still will be – even higher if more homes were available for purchase.”

The pandemic has exacerbated the problem with a slowdown in construction due to rising prices for lumber and other materials caused by shutdowns and worker and supply chain shortages during this time.

There has also been a drop in the number of “short” or struggling sales, with those listings falling from 8% to 3% in 2020 and 2021, according to the report.

The final piece of the puzzle was the “accelerated migration” of people from metropolitan areas to more rural areas in the South and West, with medium-sized metropolitan areas with between 500,000 and 1 million people seeing the biggest increases. , while the 25 largest cities, according to the company, have seen migration out of those places increase by three times the previous exodus rate.

Sun Belt states like Florida, Tennessee, Georgia, North and South Carolina, and Texas saw their populations increase by 20% or more, as did several western mountainous states, including Montana, Idaho, Nevada, Utah and Arizona, according to the report.

According to the National Association of Realtors, Florida currently has the top five metropolitan commercial real estate markets, including Orlando, Miami, Palm Beach, Fort Lauderdale and Fort Myers.

Part of the calculation of this index takes into account the migration of people who settle in the region.

© 2022 Newsmax. All rights reserved.

Pt. Mayor of Pleasant Beach, NJ offers $192,000 to Ukrainians

June 10, 2022

Montana Economy

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POINT PLEASANT BEACH — Mayor Paul Kanitra has donated nearly $200,000 to two charities supporting Ukrainian refugees who were picked up at a concert.

Kanitra was moved by the coverage of the Russian invasion of Ukraine to pack five suitcases with supplies and head to the Polish-Ukrainian border and see what he could do to help.

“We’ve volunteered with other groups. We’ve done just about anything and everything, from preparing food, to delivering meals at the border, to shuttling refugees, to by purchasing supplies and distributing them to the refugee centre,” Kanitra said. New Jersey 101.5’s Steve Trevelise in April.

Photo provided by Mayor Paul Kanitra

Photo provided by Mayor Paul Kanitra

A Jersey Shore All-Star Fundraiser

Once back in Point Pleasant Beach, he hosted Concert For Ukraine at Jenkinson’s with an all-star lineup that included Bobby Bandiera, Eddie Testa, Jo Bonnano, Polish rock band Green Secret and Steve Forber.

New York’s Dumka Ukrainian Choir, which appeared on Saturday Night Live, opened the concert with the Ukrainian national anthem.

The gig exceeded Kanitra’s expectations and raised nearly double what he expected. He traveled to the United Nations in New York and Washington to present a check for $100,000 to World Central Kitchen and another for $92,000 to Caritas Internationalis.

“These donations will provide over a hundred thousand meals to desperately hungry Ukrainian refugees. This will help support and protect so many orphans and children,” Kanitra wrote on her Facebook page. “You have all made an incredible difference in the world and you should be so proud.”

Dan Alexander is a reporter for New Jersey 101.5. You can reach him at [email protected]

Click here to contact an editor about a comment or correction for this story.

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NJ man found guilty of Jamesburg double murder, including his father

June 10, 2022

Montana Lending

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A Middlesex County jury found a Jamesburg man guilty of kill his own father and a second man before setting fire to a house in a cover-up attempt more than two years ago.

Jaree Kitchen, 24, was convicted of the 2019 murders of Clifford Kitchen Jr. and Gregory Fisher, both 53 and of Jamesburg.

During a two-week trial that ended on June 1, prosecutors said Jaree Kitchen had moved back to Jamesburg from Georgia to live with her father – but soon after they started having ” important issues”.

House in Jamesburg after a fire

House in Jamesburg after a fire (RLS Metro Breaking News)

Things turned sour with a brutal brawl on November 4, 2019, in which Jaree Kitchen fatally stabbed her father and Fisher, who lived in the same house at 7 Sheridan Street.

Two days later, he set fire to the house in an attempt to destroy evidence of what he had done, prosecutors said.

Kitchen was also convicted of aggravated arson, possession of a weapon, possession of a weapon for an unlawful purpose, two counts of desecration of human remains and tampering with evidence related to the murders.

He is due to be sentenced on October 28 in Middlesex County Superior Court.

Erin Vogt is a reporter and anchor for New Jersey 101.5. You can reach her at [email protected]

Click here to contact an editor about a comment or correction for this story.

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Contrast First Interstate BancSystem (NASDAQ:FIBK) and First Internet Bancorp (NASDAQ:INBK)

June 10, 2022

Montana Mortgages

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First Interstate BancSystem (NASDAQ:FIBK – Get Rating) and First Internet Bancorp (NASDAQ:INBK – Get Rating) are both finance companies, but which is the best investment? We’ll compare the two companies based on valuation strength, analyst recommendations, risk, profitability, earnings, institutional ownership and dividends.

Volatility and risk

First Interstate BancSystem has a beta of 1.03, indicating that its stock price is 3% more volatile than the S&P 500. In comparison, First Internet Bancorp has a beta of 0.73, indicating that its stock price is its stock is 27% less volatile than the S&P 500.

Institutional and Insider Ownership

69.4% of First Interstate BancSystem shares are held by institutional investors. By comparison, 70.5% of First Internet Bancorp’s shares are held by institutional investors. 6.4% of the shares of First Interstate BancSystem are held by insiders of the company. By comparison, 7.2% of First Internet Bancorp’s shares are held by insiders of the company. Strong institutional ownership indicates that large fund managers, hedge funds, and endowments believe a company is poised for long-term growth.

Analyst Recommendations

This is a summary of current ratings and price targets for First Interstate BancSystem and First Internet Bancorp, as provided by MarketBeat.

Sales Ratings Hold odds Buy reviews Strong buy odds Rating
First interstate banking system 0 0 3 0 3.00
First internet bank 0 0 3 0 3.00

First Interstate BancSystem currently has a consensus price target of $44.00, indicating a potential upside of 19.70%. First Internet Bancorp has a consensus price target of $58.67, indicating a potential upside of 56.99%. Given First Internet Bancorp’s likely higher upside, analysts clearly believe that First Internet Bancorp is more favorable than First Interstate BancSystem.

Profitability

This table compares the net margins, return on equity and return on assets of First Interstate BancSystem and First Internet Bancorp.

Net margins Return on equity return on assets
First interstate banking system 14.78% 7.09% 0.73%
First internet bank 29.10% 13.17% 1.16%

Dividends

First Interstate BancSystem pays an annual dividend of $1.64 per share and has a dividend yield of 4.5%. First Internet Bancorp pays an annual dividend of $0.24 per share and has a dividend yield of 0.6%. First Interstate BancSystem pays 85.4% of its earnings as dividends, suggesting it may not have enough earnings to cover its dividend payment in the future. First Internet Bancorp pays 4.9% of its profits as a dividend. First Interstate BancSystem has increased its dividend for 9 consecutive years. First Interstate BancSystem is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.

Benefits and evaluation

This table compares the revenue, earnings per share and valuation of First Interstate BancSystem and First Internet Bancorp.

Gross revenue Price/sales ratio Net revenue Earnings per share Price/earnings ratio
First interstate banking system $656.00 million 6.14 $192.10 million $1.92 19.15
First internet bank $166.73 million 2.16 $48.11 million $4.91 7.61

First Interstate BancSystem has higher revenue and earnings than First Internet Bancorp. First Internet Bancorp trades at a lower price-to-earnings ratio than First Interstate BancSystem, indicating that it is currently the more affordable of the two stocks.

Summary

First Internet Bancorp beats First Interstate BancSystem on 8 out of 15 factors compared between the two stocks.

About First Interstate BancSystem (Get a rating)

First Interstate BancSystem, Inc. operates as a bank holding company for First Interstate Bank which provides a range of banking products and services in the United States. It offers various traditional deposit products, including checks, savings deposits and term deposits; and repurchase agreements primarily for commercial and municipal depositors. The Company also offers real estate loans including commercial real estate, construction, residential, agricultural and other real estate loans; consumer loans including direct personal loans, credit card loans and lines of credit and indirect loans; variable and fixed rate business loans for small and medium sized manufacturing, wholesale, retail and service businesses for working capital needs and business expansion; and agricultural loans. Additionally, it provides a range of trust, employee benefits, investment management, insurance, agency and custodial services to individuals, businesses and non-profit organizations. In addition, the company offers marketing, credit review, loan servicing, credit card issuance and servicing, mortgage sales and servicing, indirect purchase and processing of consumer loans, loan collection and other operational services, as well as online and mobile banking. It serves individuals, businesses, municipalities, and other entities in a variety of industries, including agriculture, construction, education, energy, government services, healthcare, hospitality, housing, l mining, professional services, real estate development, retail, technology, tourism and wholesale. Trade. As of December 31, 2021, it operated 147 banking offices, including self-drive facilities in communities in Idaho, Montana, Oregon, South Dakota, Washington and Wyoming. The company was incorporated in 1971 and is based in Billings, Montana.

About First Internet Bancorp (Get a rating)

First Bancorp Internet logoFirst Internet Bancorp operates as a bank holding company for First Internet Bank of Indiana which provides commercial and retail banking products and services to personal and business customers in the United States. The Company accepts unpaid and interest-bearing demand deposits, savings accounts, money market accounts and traded deposit accounts, as well as certificates of deposit. It also offers commercial and industrial real estate, homeownership and investors, construction, residential mortgages, home equity and home improvement, small installments, term loans and other consumer loans, as well as single-tenant lease financing and public and healthcare financing; franchise financing; and small business loans. In addition, the company is involved in the purchase, management, service and custody of municipal securities; and the provision of municipal credit and leasing products to government entities. In addition, it offers corporate credit card and cash management services. The company provides its services through its website firstib.com. First Internet Bancorp was founded in 1999 and is based in Fishers, Indiana.



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Helena man convicted of using over $1 million in COVID-19 relief loans for personal gain | ABC Fox Montana Helen

June 9, 2022

Montana Loans

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UPDATE, JUNE 9 AT 10:16 AM:

The Department of Justice reports that Trevor Gee Lanius-McLeod was sentenced after he admitted to using the more than $1 million Paycheck Protection Program (PPP) loans he received for personal gain. .

Lanius-McLeod allegedly misrepresented the PPP loan application and otherwise did not qualify.

The government claimed that Lanius-McLeod agreed to use the funds for business-related expenses and that the proceeds were in fact spent on various personal expenses, including the mortgage on his personal residence.

“Today’s sentence is a direct reflection of the seriousness of Mr. Lanius-McLeod’s crimes,” said Andy Tsui, special agent in charge of the IRS local office of criminal investigations in Denver. “Not only is Lanius-McLeod guilty of crimes against the federal government, but he also victimized individuals and businesses that the Paycheck Protection Program was meant to protect. These actions will not be tolerated, and the judge’s decision sends a clear message to those who attempt to defraud CARES Act programs that these crimes will not go unpunished.

Trevor Gee Lanius-McLeod was sentenced to 30 months in prison, followed by three years of probation.

He was also ordered to pay restitution of $1,000,043.00, of which $125,000 will be paid jointly with co-defendant Kasey Wilson who was sentenced in March 2022.


Previous cover, January 5:

HELEN, Mont. – A Helena man pleaded guilty after making false statements to receive Paycheck Protection Program (PPP) loans which he used for his personal gain.

Trevor Gene Lanius-McLeod pleaded guilty to bank fraud and engaging in monetary transactions in property from specified illegal activities.

The Department of Justice (DOJ) said in a statement that in court documents the government claimed that in April 2021 Lanius-McLeod applied for PPP loans through the Valley Bank of Helena and lied about the applications and the documents that accompanied them.

Lanius-McLeod allegedly received $1,043,000 in fraudulent funds on the four loans.

Additionally, Lanius-McLeod applied for and obtained a $340,000 PPP loan on behalf of Renovated Montana Properties LLP, an entity he controlled.

Lanius-McLeod falsely said the company paid payroll taxes and had 25 employees, the DOJ reports.

Payroll taxes were never paid by the company and it had no employees other than Lanius-McLeod, however, it occasionally employed independent contractors.

In a promissory note, Lanius-McLeod agreed to use the loan for payroll costs and other business-related expenses, and none of the loans were used for those purposes, the statement said.

Instead, the loan was used for personal expenses, including paying the mortgage on Lanius-McLeod’s personal residence.

The DOJ says that but for several misrepresentations, Lanius-McLeod would not have qualified for this loan.

A plea agreement was filed in the case where the parties agreed that if the court accepts the plea agreement at sentencing, the government will seek the dismissal of nine other counts.

Lanius-McLeod faces a maximum of 30 years in prison, a $250,000 fine and three years of supervised release for the crime of bank fraud.

States Add New Requirement for High School Graduation: Financial Literacy

June 9, 2022

Montana Lending

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Michigan lawmakers have approved a bill requiring high school students to take personal finance to classify. It now goes to Governor Gretchen Whitmer for her signature.

This would make Michigan the 14th state to require public high schools to teach personal finance. Florida and Georgia also passed similar laws this year, and a number of other states are considering them.

Number of States Requiring Personal Finance in High School has nearly tripled since 2019 after barely budging for years.

John Pelletier of the Center for Financial Literacy at Champlain College has a theory as to why:

“I actually think COVID has really opened people’s eyes to how financially precarious people are in how they live their lives.”

On top of that, he said, it has become very easy for anyone, including teenagers, to buy stocks – and cryptos. “You’re dealing with a young person who can, in probably 10 minutes, open a Robin Hood account, right, or a Coinbase account, so those concepts, I think, are almost more important now,” he said.

Research shows that requiring a personal finance course in high school changes people’s behavior for the bettersaid Carly Urban at Montana State University.

“[It] improves credit scores at age 22. It reduces crime rates. Student loan repayment is actually much higher after graduation. And payday loans are going down,” Urban said.

According to Next Gen Personal Finance Nonprofit20 states are currently considering legislation to require a high school class.

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Members of the Congressional Western Caucus take a close look at the Snake River dams

June 8, 2022

Montana Economy

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Four members of the US Congress recently took a close look at the Snake River dams in Washington.

The four members of the Congressional Western Caucus, which Rep. Dan Newhouse, R-Washington, chairs, watched the fish travel through various passageways at the Ice Harbor Dam on the Snake River. A boat trip also took them through the lock system near the Tri-Cities.

Representatives Bruce Westerman, R-Arkansas; Cliff Bentz, R-Oregon; Matt Rosendale, R-Montana; and Mariannette Miller-Meeks, R-Iowa, joined the tour.

From left to right, U.S. Representatives Dan Newhouse, R-Washington; Mariannette Miller-Meeks, R-Iowa; Bruce Westerman, R-Arkansas; Cliff Bentz, R-Oregon; and Matt Rosendale, R-Montana. Representatives visited the Ice Harbor Dam on the Snake River near Pasco, Washington.

Congressional Western Caucus

Newhouse is a strong supporter of the region’s hydroelectric system. He said bringing other congressional Republicans to the roadblock was part of his strategy to promote Washington.

Congress could eventually decide whether to approve a decision to remove or modify the four controversial Snake River dams, Newhouse said.

“The dams are attacked. I think the more members of Congress who can come and see first hand exactly what is involved when we talk about hydroelectric dams and the benefits we get from them – I think the better off we are,” he said. declared.

However, environmental groups and the Nez Percé Tribe continue to press for the removal or modification of the four dams in an effort to protect the endangered salmon.

“Nothing has been more devastating to these species than four dams impeding a 140-mile section of their migration on the lower Snake River,” EarthJustice lead attorney Todd True wrote in a statement. Press. “Scientists have been saying for years that breaking these dams is the best thing we can do to restore these fish.”

But, Newhouse said further study is needed into court-ordered increases in spills over dams, which he says increases dissolved gases in the water, posing a threat to water bodies. Pisces. Moreover, he stated that the increased spillage wastes potential energy.

“It could go through turbines to generate power to boost our economy. The cost of energy is literally exploding. It’s really hard to see all that potential energy being literally wasted,” Newhouse said.

However, environmental groups have said the increased spillage is helping young salmon migrate out to sea, calling the increased spillage a crucial protection for juvenile salmon.

“The science is clear and for many years the spill has increased the survival of migrating juvenile fish. And while the increase in dumping has been helpful, it remains insufficient if we are to save these fish and prevent their extinction,” said Joseph Bogaard, executive director of Save Our Wild Salmon.

Low Homeownership Rates Hurt Native Americans in MT / Public News Service

June 8, 2022

Montana Mortgages

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After a history of forced eviction from their lands, Native Americans are now struggling to own homes.

Until recently, Indigenous peoples had little recourse against discrimination in housing policies. The Fair Housing Act of 1968 helped. However, data from Prosperity Now showed that only 45% of Native Americans in Montana own their homes, compared to nearly 70% of white residents.

Darrell LaMere, loan officer at the Billings-based Native American Development Corp., said the pandemic and the current housing crisis have compounded that problem.

“Affordability, availability, substandard housing – everything about the housing market is terrible in bookings,” he said. “Housing is in dire straits right now, on all reservations in Montana.”

LaMere said housing is an important part of economic development, adding that he thinks a priority should be helping potential borrowers improve their bad credit scores or negative credit reports, which could otherwise reduce their chances of qualifying for a mortgage.

LaMere said some big banks don’t work with people on reservations. This is reminiscent of the practice of redlining, when banks discriminated against people based on their race or neighborhood. He says there are also legal differences for reservations.

“We are considered sovereign countries,” he said, “and some banks are hesitant to invest on reserves, just because of the lockdown issue.”

He explained that part of the concern is that some tribes don’t have foreclosure laws, so it can be harder for banks to recoup their losses if a homeowner defaults.

Some financial institutions, including the NADC, work with these borrowers to improve their chances. LaMere noted that there is also 1st Tribal Lending, which can provide loans through India’s Section 184 Home Loan Guarantee Scheme. It is a product of the US Department of Housing and Urban Development.

“A conventional bank would look at your credit score and your credit report. If it was bad, they would say, ‘No, we can’t give you a loan. But 1st Tribal Lending will work with you. Thus, they help people whose credit reports and credit history are compromised.

HUD data from 2017 showed the program guaranteed more than 37,000 loans.

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‘Bargain Block’ shows 2 guys rebuilding Detroit 1 house at a time

June 8, 2022

Montana Loans

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Over the years we have seen a lot of desperation and desperation when the subject of the city of Detroit is mentioned. Then came Keith Bynum and Evan Thomas. You couldn’t find two people less likely to take on this project of buying run-down homes in run-down Detroit neighborhoods, fixing them up almost like new, then reselling them for an affordable price, but also for a profit .

Thomas is a physicist with a doctorate, and a carpenter and builder; Bynum holds an MBA and is a designer. At fourteen, he created his first company. Four years ago, the two lived in Colorado, but why not move to Motown? Now their HGTV series, “Bargain Block” is back for another season, but more importantly, they’re making a difference, making homeownership possible for some people who might not be able to afford it. a house, and since they made twenty-two so far, maybe bring quarters back.

If you look west, there’s a ton of gentrification going on in Chicago, but Detroit isn’t up to it yet. But with Bynum and Thomas, maybe it gives a boost.

(Mission in fact via YouTube)

From a television production perspective, most of these shows follow a script and a formula, and you can’t forget their real estate partner, Shea Hicks-Whitfield, who is a cheerleader in town. In the end, just like the Lions, maybe this sleeping giant rises like a phoenix.

HGTV says Wednesday, June 8 will bring new episodes and premiere at 8 p.m. ET is a throwback to their first season. And if the show is new to you, this is a good place to start.

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WATCH: Things from the year you were born that no longer exist

Iconic (and sometimes silly) toys, tech, and electronics have been usurped since their grand entrance, either through technological advancements or common-sense breakthroughs. See how many things on this list trigger childhood memories – and which ones were there and gone so fast you completely missed them.

2022 ‘Stranger Things’ Cast Net Worth

June 7, 2022

Montana Lending

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The first season of stranger things premiered on Netflix on July 15, 2016 and instantly catapulted into the 21st century pop culture zeitgeist. The sci-fi series quickly became one of the most-watched shows on the streaming service and maintained its popularity. When Volume 1 Season 4 premiered over Memorial Day weekend 2022, it broke Netflix’s record for the biggest premiere weekend ever. According Deadlinethe seven-episode installment totaled 286.79 million (!!) viewing hours.

Four iterations later, it has undeniably become a worldwide phenomenon and has made its cast into mega-stars, including Millie Bobby Brown, Noah Schnapp, Finn Wolfhard, Caleb McLaughlin, Gaten Matarazzo, Sadie Sink and many more. The franchise has expanded into a possible spin-off series and endless merchandising designed for a mega-fandom, there are even Upside Down-inspired makeup collections.

Volume 2 of stranger things 4 debuts on July 1, and after that Season 5 marks the final chapter of the Hawkins gang. Even though the show is coming to an end soon, its main cast have earned some serious $$$ from the show. Here we break down the net worth of stranger things stars.

Millie Bobby Brown (Eleven)

netflix

British actress Millie Bobby Brown instantly became a household name after the hugely successful first season of stranger things. According Deadline, MBB reportedly earned $30,000 per episode for seasons 1 and 2, and somewhere between $200,000 and $250,000 for season 3. It’s unclear how much she took in for season 4, but it’s estimated that she now earns around $300,000 per episode. Above stranger thingsMillie starred in 2019 Godzilla: King of the Monsters and 2021 Godzilla vs. Kong. She deserved to act and produce credits on the film adaptations of Mysteries of Enola Holmes book series and the original Netflix movie The girls I’ve been. In 2019, Millie launched her beauty line, Florence by Mills. All of that, plus her campaigns with big brands like Samsung, Converse, Vogue Eyewear and EA Games, earned the 18-year-old a net worth of around $10 million, according to Celebrity Net Worth.

Noah Schnap (Will Byers)

stranger things

Courtesy of Netflix

The story of Noah Schnapp’s character, Will Byers, launched the stranger things franchise after his sudden demise on November 6, 1983. As previously reported, Noah and the other younger cast members reportedly earned around $30,000 per episode for the show’s first two seasons, and around $250,000 per episode for the following seasons. But Noah also starred in Steven Spielberg’s 2015 film. bridge of spies2019 abe2020s Waiting for Anyaand he even voiced Charlie Brown in Peanuts movie information. According Celebrity Net WorthNoah has a net worth of $3 million.

Finn Wolfhard (Mike Wheeler)

stranger things finn wolfhard as mike wheeler in stranger things cr courtesy of netflix © 2022

Courtesy of Netflix

Finn Wolfhard plays Mike Wheeler, a vital member of the Dungeons & Dragons team, Will’s best friend, and El’s eventual boyfriend. Besides his main role in stranger thingsFinn has acting credits in many other film projects such as Ghostbusters: Afterlife, This, It Chapter Twoand The goldfinch. Considering all of this and knowing that he now earns around $250,000 per stranger things episode, according to Celebrity Net WorthFinn is estimated to have a net worth of $4 million.

Caleb McLaughlinLucas Sinclair

stranger things caleb mclaughlin as lucas sinclair in stranger things cr courtesy of netflix © 2022

Courtesy of Netflix

Like many of his co-stars, Caleb landed his breakout role in stranger things. He stars as Lucas Sinclair and now earns around $250,000 per episode of the sci-fi series. Before stranger thingsthe actor guest-starred on such popular series as Blue blood, Law and Order: Special Victims Unitand shades of blue. In 2020 he starred alongside Idris Elba in the Netflix original movie concrete cowboyand in 2019, appeared in the sports drama directed by Steven Soderbergh High flying bird. According Celebrity Net WorthCaleb has a net worth of $3 million.

Gaten Matarazzo (Dustin Henderson)

stranger things

netflix

Gaten Matarazzo warmed all of our hearts as Dustin “Dusty” Henderson on stranger things, often coming into play in dire situations to communicate and solve mysteries via his amateur radio. Prior to her standout role on the show, Gaten starred in Les Miserables: The Broadway Musical and held a guest spot on The black list. But in the years that followed stranger thingshe played in The Angry Birds 2 movieand on May 25, it was announced that he would be returning to the Broadway stage as Jared Kleinman in Dear Evan Hansen. The 19-year-old also starred in campaigns for Verizon Fios and Old Navy, loaning out his net worth of $5 million, according to Celebrity Net Worth.

Sadie Sink (Max Mayfield)

stranger things sadie cast as max mayfield in stranger things cr courtesy of netflix © 2022

Courtesy of Netflix

Sadie Sink joined the stranger things cast as Max Mayfield in season two, and according to Statistical, she was earning $150,000 per episode as of October 2018. But given her larger storylines in seasons three and four, she is now expected to earn over $250,000 like her other co-stars. The actress also starred in Taylor Swift’s short ‘All Too Well’ alongside Dylan O’Brien and has been the face of campaigns for major fashion houses including Miu Miu, Kate Spade and Givenchy. She even walked the runway for Undercover’s Fall 2018 show during Paris Fashion Week. Celebrity Net Worth estimates his net worth to be around $1 million, but considering his pay per episode for stranger thingswe expect it to be closer to $3 million.

Maya HawkeRobin Buckley

stranger things

netflix

Maya Hawke – who comes from a famous family, being the daughter of actors Ethan Hawke and Uma Thurman – was also a later addition to the stranger things family She is likely to earn roughly the same as her other cast members and earn around $200,000 or $250,000 per episode. She also appeared in Once upon a time… in Hollywood, Fear Street: Part One – 1994and the Little woman TV shows. Besides acting, she models for brands such as vogue and Calvin Klein. This all adds up to his estimated net worth of $3 million, per Celebrity Net Worth.

Charlie HeatonJonathan Byers

stranger things

netflix

Charlie Heaton retained an important role in stranger things since Season 1, with Will’s shy older brother, Jonathan Byers. Before landing his role in the series, the actor guest-starred on British television series such as DCI banks and Vera. He has also acted in films including As you are, Shut in, marrow boneand no future. According NME, Charlie previously played in UK-based band Comanechi and toured with the band for over a year. Considering the fact that he probably earns around $250,000 per stranger things episode, Celebrity Net Worth estimates that Charlie’s net worth is around $4 million.

Natalia DyerNancy Wheeler

stranger things

netflix

Natalia Dyer’s acting credits date back to 2009 when she made her film debut as Clarissa Granger in Hannah Montana: The Movie. She then starred in smaller film projects such as Blue like jazz, Don’t let me goand Nightfall before landing the role of Mike’s older sister, Nancy Wheeler, in stranger things. The actress has appeared in several films since and earns a salary similar to hers stranger things costars, adding to his net worth of around $4 million, per Celebrity Net Worth.

Joe Keery (Steve Harrington)

stranger things l to r gaten matarazzo as dustin henderson and joe keery as steve harrington in stranger things cr courtesy of netflix © 2022

Courtesy of Netflix

Joe Keery has been a stranger things mainstay since Season 1, first as Nancy Wheeler’s love interest and now as everyone’s favorite babysitter, Steve Harrington. He has acted in films including the drama directed by Jessica Chastain Molly’s Game in 2017, and the Shawn Levy-directed comedy free guy in 2021. In addition to acting, Joe was a guitarist in the Chicago-based psychedelic rock band Post Animal, per NMEbut now works solo under the name DJ – he even performed at festivals such as Lollapalooza and Boston Calling, and went on tour in April 2022. Celebrity Net Worth estimates that Joe’s net worth is around $4 million.

Winona RyderJoyce Byers

stranger things winona ryder as joyce byers in stranger things cr courtesy of netflix © 2022

Courtesy of Netflix

As one of the biggest names in the business who signed on stranger thingsWinona Ryder is an established actress who has starred in major productions like beetle juice, Heathers, Edward Scissorhandsand Girl interrupted. In 1994, she won the Golden Globe for Best Supporting Actress for her role in The age of innocence. She was also recognized by the organization for her roles in the 1991s Sirens and stranger thingsand in 1994 and 1995 she was nominated for an Academy Award for The age of innocence and the 1995 TV series Little woman. Due to his rich career, Celebrity Net Worth reports that she originally earned $100,000 per episode for the first two seasons of stranger things, and now earns around $350,000 per episode. The outlet estimates his net worth to be around $18 million.

David HarborJim Hopper

stranger things

netflix

Like Winona, David Harbor was an established actor when he joined the stranger things cast as Police Chief Jim Hopper. Before the sci-fi series, he appeared in films such as Brokeback Mountain, War of the Worldsand Revolutionary Roadand most recently starred in Hellboy, suicide squad, Black Widowand the HBO television series The press room. According Celebrity Net WorthDavid and Winona earned similar paychecks throughout stranger things‘ so far, and the outlet reports that the actor has a net worth of around $6 million.

Lorenz Named Director of Specialty Banking at First Interstate | Company

June 5, 2022

Montana Mortgages

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Gary Lorenz was appointed Chief Specialty Banking Officer of First Interstate Bank.

In this new role, Lorenz will provide leadership and oversight for First Interstate’s Indirect Lending, Payment Services and Home Lending divisions. Lorenz will be a member of the company’s management team and will report directly to Kevin Riley, president and CEO of First Interstate.

A 30-year veteran of the financial services industry, Lorenz has held various senior management positions and has extensive experience in direct/indirect lending and retail banking. Lorenz most recently served as President of Cedar Valley Market for Great Western Bank, which was acquired by First Interstate in February 2022. A graduate of Hawkeye Institute of Technology (Hawkeye Community College) with a degree in accounting, Lorenz will move to Billings , Montana .

“It is an honor to serve as Director of Specialty Banking Services for First Interstate, a new role for the Bank. I am excited to work with our business leaders to elevate First Interstate’s indirect lending, debit/credit card and mortgage products and services to the next level for our customers,” said Lorenz.

People also read…

First Interstate Bank is a community bank with $33 billion in assets as of March 31, 2022. First Interstate proudly offers financial solutions in Arizona, Colorado, Idaho, Iowa, Kansas, Montana, Nebraska, Missouri, Minnesota, North Dakota, Oregon, South Dakota, Washington and Wyoming. A recognized leader in community banking, First Interstate is driven by strong values ​​and a commitment to providing a rewarding employee experience, strong shareholder returns, exceptional products and services to its customers, and resources to communities. which she serves. More information is available at firstinterstate.com.

Aida Alvarez sells 18,181 shares of Opportun Financial Co. (NASDAQ:OPRT)

June 3, 2022

Montana Loans

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Timely Financial Co. (NASDAQ: OPRTGet a rating) Director Aida Alvarez sold 18,181 shares of Oportun Financial in a trade dated Thursday, June 2. The stock was sold at an average price of $11.46, for a total value of $208,354.26. Following the completion of the sale, the administrator now directly owns 18,874 shares of the company, valued at $216,296.04. The sale was disclosed in a legal filing with the Securities & Exchange Commission, available at this hyperlink.

Shares of NASDAQ OPRT traded at $0.08 during Friday trading hours, hitting $11.47. 233,482 shares of the company were traded, against an average volume of 149,083. The company’s 50-day moving average price is $12.41 and its 200-day moving average price is $16.49. Oportun Financial Co. has a 12-month low of $10.28 and a 12-month high of $27.95. The stock has a market capitalization of $376.38 million, a price-earnings ratio of 4.04 and a beta of 1.37.

Opportunity Financial (NASDAQ: OPRTGet a rating) last released its quarterly earnings data on Monday, May 9. The company reported EPS of $1.58 for the quarter, beating the consensus estimate of $0.60 by $0.98. Oportun Financial had a net margin of 12.76% and a return on equity of 18.01%. The company posted revenue of $214.70 million in the quarter, versus analyst estimates of $198.40 million. In the same period a year earlier, the company earned earnings per share of $0.27. Oportun Financial’s quarterly revenues increased by 58.7% compared to the same quarter last year. Sell-side analysts expect Oportun Financial Co. to post EPS of 1.96 for the current fiscal year.

Large investors have recently changed their stock holdings. Versant Capital Management Inc purchased a new stake in Oportun Financial in Q1 worth approximately $38,000. Dorsey Wright & Associates bought a new stake in shares of Oportun Financial in the fourth quarter worth approximately $43,000. Quantbot Technologies LP increased its stake in shares of Oportun Financial by 113.3% during the 1st quarter. Quantbot Technologies LP now owns 3,200 shares of the company worth $45,000 after acquiring an additional 1,700 shares in the last quarter. Citigroup Inc. increased its stake in Oportun Financial to 92.2% in the third quarter. Citigroup Inc. now owns 2,291 shares of the company valued at $57,000 after acquiring an additional 1,099 shares during the period. Finally, Concourse Financial Group Securities Inc. bought a new position in Oportun Financial in Q4 worth $60,000. Institutional investors hold 70.58% of the company’s shares.

The OPRT has been the subject of several reports by research analysts. Loop Capital began covering Oportun Financial in a report on Monday, March 14. They set a “buy” rating and a price target of $24.00 for the company. BTIG Research restated a “buy” rating and posted a price target of $27.00 on shares of Oportun Financial in a research report on Thursday, April 14. To finish, Zacks Investment Research moved shares of Oportun Financial from a “hold” rating to a “strong-buy” rating and set a $13.00 price target on the stock in a Wednesday, May 18 research note. Five investment analysts gave the stock a buy rating and one gave the company a high buy rating. Based on data from MarketBeat, Oportun Financial has a consensus rating of “Buy” and an average target price of $24.00.

Oportun Financial Company Profile (Get a rating)

Oportun Financial Corporation provides financial services. It offers personal loans, car loans and credit cards. The company serves its customers online and by telephone, as well as through point of sale. It operates in 24 states in the United States, including Arkansas, Delaware, Indiana, Kentucky, Mississippi, Montana, North Dakota, New Hampshire, Oregon, South Carolina, South Dakota and Virginia.

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Insider buying and selling by quarter for Oportun Financial (NASDAQ:OPRT)



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Man shot at NJ Transit New Brunswick station

June 3, 2022

Montana Economy

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One person was fatally shot at the New Brunswick NJ Transit station on Sunday evening, according to Rutgers police in a statement released Thursday.

The person was approached by four men who struck her with a “blunt object” around 8:30 p.m., according to Rutgers police.

The person who was hit pursued the assailants but was shot in the lower limbs. The four men fled and were last seen in the area of ​​Somerset Street and College Avenue, one block from the train station.

Police were only informed when the victim sought medical treatment for the gunshot wound which is not life threatening.

A spokeswoman for NJ Transit said no arrests have yet been made in the case and the investigation is ongoing.

It was the second incident at the NJ Transit station that week.

NJ Transit’s Red Bank station on the North Jersey Coast Line

NJ Transit’s Red Bank station on the North Jersey Coast Line (Carl Schellenberger)

A man was found dead on the incoming platform of NJ Transit’s Red Bank station on Tuesday afternoon, according to the spokesperson. His identity has been confirmed as Gabriel Aparicio-Hernandez, 27.

Red Bank Police Captain Mike Frazee told Patch there were no signs of trauma or foul play. The spokeswoman would not divulge additional information about the case citing the ongoing investigation.

Dan Alexander is a reporter for New Jersey 101.5. You can reach him at [email protected]

Click here to contact an editor about a comment or correction for this story.

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Municipal tax bill for every city and town in NJ, filed

Just under 30 cents of every $1 of property taxes collected in New Jersey supports municipal services provided by cities, townships, boroughs, and villages. Statewide, the average municipal tax bill alone in 2021 was $2,725, but that varied widely from over $13,000 in Tavistock to nothing in three townships. In addition to the $9.22 billion in taxes for municipal purposes, special tax districts that in some locations provide municipal services such as fire protection, garbage collection or economic development collected 323, $8 million in 2021.

The Barbie Pop-Up Truck Tour is coming to New Jersey

June 3, 2022

Montana Lending

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If you have a little girl (or, to be honest, a little boy) who loves playing with Barbies, New Jersey is the place to be for the next two weeks.

The Barbie Malibu Pop-Up Truck continues its 2022 tour with a stop Saturday June 4 at Edison at Menlo Park Mall and Saturday June 11 at Paramus at Westfield Garden State Plaza.

The truck tour started in 2019 to celebrate Barbie’s 60th birthday and is now celebrating 50 years of Malibu Barbie.

According to Patch.com, the merchandise offered for sale by the truck is retro and includes:

  • Barbie Logo Embroidered Denim Jacket
  • Pink Barbie Logo Hoodie
  • Tie-dye bucket hat
  • ring t-shirt
  • Set of embroidered patches
  • Enamel pin set
  • Tote
  • Insulated stainless steel bottle
  • Beach towel
  • Malibu Barbie Necklace
  • Barbie Logo Mug

The products will be available for purchase of the Barbie Pop Up Truck by credit card. The price ranges from $12 to $75.

Chief Operating Officer Hannie Peng said MyCentralJersey.com,

“The Malibu Barbie theme is just love for Barbie fans – it doesn’t have to be just for the California girl. Everyone can relate to her free spirit and love of fun in the sun.

At Edison, the truck will be parked in the grassy area near Macy’s from 10 a.m. to 7 p.m. At Paramus, it will be parked around the corner from the mall entrance near Capital Grille from 10 a.m. to 7 p.m.

The truck has visited more than 50 cities so far.

The views expressed in the above post are those of New Jersey 101.5 talk show host Bill Doyle only.

You can now listen to Deminski & Doyle — On demand! Listen to New Jersey’s favorite radio show every day of the week. Download the Deminski & Doyle show wherever you get podcasts, on our free app, or listen now.

Click here to contact an editor about a comment or correction for this story.

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How Somerset County saved 2,000 NJ residents from COVID eviction

June 2, 2022

Montana Lending

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On Tuesday, the Somerset County Board of Commissioners approved the allocation of up to $1.6 million from the US bailout to add to a previous federal grant of $7.7 million from the federal rescue program. emergency rental assistance for which the application deadline expired in mid-April.

The total funding of more than $9 million, the county said, prevents the eviction of more than 2,000 residents from nearly 900 households following the lifting of COVID-19 moratoriums.

Commissioner-Director Shanel Robinson said the effort she and her colleagues undertook actually started with making sure the owners were compensated.

“We went through a process to identify tenants and landlords who were part of this cohort who may have been behind on their rent, and/or landlords who had been unable to collect,” Robinson said. .

The average support package offered to households so far has been valued at just under $10,000 for up to 12 months of rent arrears, three months of term rent and assistance with utility bills. , according to Robinson.

The county said 18 of its municipalities received housing assistance funding, led by Franklin Township at nearly $2.9 million, and black residents made up about half of those who identified their race. or their ethnic origin.

“Hopefully this will get us through this next phase, but again we continue to monitor the situation,” she said. “It’s very fluid. We just want people to be healed and stronger than before the pandemic.”

Other counties in New Jersey, Robinson said, may have abandoned their process for managing this emergency aid or hired outside consultants.

But Somerset County has identified people within its borders who could be ambassadors, helping with applications at county libraries.

This expanded and maximized the county’s outreach potential, according to Robinson.

“Mobile services and meeting people where they are, not just meeting their needs where they are, but being physically among them in the community where they actually live,” she said. “Certainly, as we come out of or emerge from this pandemic, we want to make sure everyone is on solid ground, but especially our most vulnerable populations.”

While no single legislative body has all the answers about how to lift its residents out of pandemic-related financial stress, Robinson said, collaboration leads to better outcomes for everyone.

So no matter what county a New Jersey resident is from, she suggested reaching out to local elected officials and agencies when needed.

Patrick Lavery is a reporter and anchor for New Jersey 101.5. You can reach him at [email protected]

Click here to contact an editor about a comment or correction for this story.

WATCH: States with the most new small businesses per capita

Municipal tax bill for every town and city in NJ, filed

Just under 30 cents of every $1 of property taxes collected in New Jersey supports municipal services provided by cities, townships, boroughs, and villages. Statewide, the average municipal tax bill alone in 2021 was $2,725, but that varied widely from over $13,000 in Tavistock to nothing in three townships. In addition to the $9.22 billion in taxes for municipal purposes, special tax districts that in some locations provide municipal services such as fire protection, garbage collection or economic development collected 323, $8 million in 2021.

New Jersey’s New Legislative Districts for the 2020s

The boundaries of the 40 legislative districts for the Senate and Assembly elections from 2023 to 2029, and possibly 2031, were approved in a bipartisan Allocation Commission vote on February 18, 2022. The map continues to favor the Democrats, although Republicans say it gives them a chance of winning a majority.

Inland Bank and Trust Closes $1.6 Million Loans

June 2, 2022

Montana Loans

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OAK BROOK – Inland Bank and Trust said it has entered into two commercial loans totaling $1.6 million to a financial advisory firm with offices in Maryland and Montana.

A financial advisor within the company applied for the initial loan to acquire part of the company’s customer database. This gave the firm’s owners the option of later making an external acquisition, funded by the second loan, to expand their business to a third firm, Inland said.

The transactions were completed under Inland Bank’s financial advisor loan program.

Since its inception, the program has funded nearly $20 million in loans to financial advisors located in Illinois, Alabama, Arizona, California, Colorado, Maryland, Massachusetts, Michigan, Minnesota, Missouri, Montana, New Jersey, New Mexico, North Carolina and Ohio. , Oklahoma, South Carolina, Texas and Wisconsin, the company said.

Tiffany Tyson, vice president of commercial loans at Inland Bank, originated both loans.

The city with the fewest people owning a home in every state – 24/7 Wall St.

June 2, 2022

Montana Mortgages

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The U.S. real estate market took off in the early months of the COVID-19 pandemic. The homeownership rate – or share of owner-occupied housing – jumped 2.6 percentage points between the first and second quarters of 2020, by far the biggest increase on record. At the end of 2020, there were 2.1 million more homeowners in the United States than there were a year earlier.

The surge in home sales has been fueled by several factors, including historically low mortgage rates and, as some experts speculate, the pandemic, which has led many Americans to reassess where and how they live. Here’s a look at the mortgage rate in America every year since 1972.

Nationally, the homeownership rate stands at 64.4%, according to the latest data from the US Census Bureau’s American Community Survey. However, this rate varies widely across the country, from state to state, and from city to city.

Using census data, 24/7 Wall St. identified the metropolitan area in each state with the lowest homeownership rate. Metropolitan areas are ranked according to the share of owner-occupied dwellings.

It’s important to note that four states – Delaware, New Hampshire, Rhode Island and Vermont – each have only one metropolitan area, and that one ranks as having the highest homeownership rate default lowest only. Among the places on this list, homeownership rates range from 48.7% to 70.6% and are lower than the state’s homeownership rate in almost all cases.

Home ownership can be expensive, and in most metro areas on this list, the typical household earns less than the statewide median household income. The low incomes of these areas can make home ownership less affordable for a larger portion of the population. Here’s a look at the 20 cities where the middle class can no longer afford housing.

Many metropolitan areas on this list are home to large colleges or universities. Because a large portion of the population of college towns resides there temporarily, the transient population is more likely to rent a house than to buy one. These locations include New Haven, Connecticut, home to Yale University; Ann Arbor, Michigan, home of the University of Michigan; and Ames, Iowa, home to Iowa State University.

Click here to see the metro area with the lowest homeownership rate in each state
Click here to read our detailed methodology

Deb Haaland to Boost Clean Energy Generation on Public Lands

June 1, 2022

Montana Economy

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Interior Secretary Deb Haaland traveled to Las Vegas on Tuesday to announce new efforts to support the growing clean energy economy and green jobs in Nevada and the Southwest.

Climate change poses an existential threat to our environment, health and economic well-being, according to Haaland.

In Las Vegas, Haaland announced two new developments to aid renewable energy efforts. One is a new policy to reduce rents and fees charged for wind and solar projects on public lands by 50% for existing and new projects.

“This will inspire industry to partner in responsible solar and wind development and help encourage and inspire to invest and compete in the clean energy economy,” she said.

A second development is the creation of five new Renewable Energy Coordination Offices to manage the growing number of requests by wind, solar and geothermal developers through the Bureau of Land Management.

Coordinating offices include a national office at BLM headquarters, state offices in Arizona, California and Nevada, and a regional office in Utah.

Both projects are part of the Biden administration’s goal of a net-zero economy by 2050.

“The Bureau of Land Management continues to take bold steps to attract renewable energy investment to public lands in an environmentally responsible manner,” said BLM Director Tracy Stone-Manning. “This will help support our clean energy economy by creating well-paying jobs, increasing our energy security and reducing greenhouse gas emissions.”

This story was produced by the Mountain West News Bureau, a collaboration between Wyoming Public Media, Nevada Public Radio, Boise State Public Radio in Idaho, KUNR in Nevada, the O’Connor Center for the Rocky Mountain West in Montana , KUNC in Colorado, KUNM in New Mexico, with support from affiliate stations throughout the region. Funding for the Mountain West News Bureau is provided in part by the Corporation for Public Broadcasting.

The photo included in this story is licensed under a Creative Commons Flickr license.

Hunterdon regional football player hit on NJ Route 202

May 31, 2022

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FLEMINGTON — A 15-year-old boy riding an electric skateboard was struck by a vehicle on Route 202 early Monday morning.

The Hunterdon County Attorney’s Office said the teenager was shot at around 2:20 a.m. at the intersection with Reaville Road, according to Hunterdon County Attorney’s Office Captain Paul Approvato. The driver, Raymond Lozinak, 61, of Bayonne, remained at the scene of the accident, Approvato said.

The teenager was taken to Morristown Hospital by medical helicopter for treatment of his injuries. No charges have been filed in the case, according to Approvato.

Approvato did not reveal the circumstances of the accident, but said the teenager was using an electric skateboard.

Jerry Walter (R)

Jerry Walther (R) (Therese Apostolis via GoFundMe)

“An awesome kid who touched so many lives”

A GoFundMe page created to help the victim’s family with medical bills and lost wages identified the teenager as Jerry Walther. He is a member of the Hunterdon Regional Red Devils football team, according to the GoFundMe page set up by Theresa Apostolis.

“Jerry ‘JerBear’ is an awesome kid who touched so many lives,” Apostolis wrote. “Please pray that Jerry continues to fight in this extremely difficult battle.”

An investigation into the crash is ongoing, Approvato said. He asked anyone with information about the crash to call Crime Stoppers at 1-800-321-1000.

Emily Grill contributed to this report

Dan Alexander is a reporter for New Jersey 101.5. You can reach him at [email protected]

Click here to contact an editor about a comment or correction for this story.

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Kaley Cuoco is dating again, and her stewardess co-star talks about new Beau Tom Pelphrey

May 31, 2022

Montana Lending

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Kaley Cuoco revealed her new relationship with ozark‘ Tom Pelphrey just a few weeks ago on his social media. Since then, the new Hollywood couple have been sharing candid snaps here and there. It was a nice change of pace after the tough year she went through following her split from Karl Cook. With her romance with Pelphrey in the public sphere, her Flight attendant the co-star opened up about her new beau.

Since starring as best friends on the HBO Max series, Cuoco and Zosia Mamet’s on-screen chemistry has carried over into real life as Mamet helped her get back on track after the divorce. Being such close friends, Girls the alum was required to meet the The Big Bang Theory the vet’s new buddy. It appeared that Pelphrey made a good impression on Mamet. By speaking with HEYthe actress gave her take on the new couple’s budding relationship.

You know what. It’s really interesting, and she said it from the start, I knew it when she knew it. When you’re someone’s best friend, when you’re truly their best friend and love them deeply, you’re so interconnected. And when I met him, I was one of the last to meet him. I met him and I was like, ‘I feel like I’ve known you forever.’ And he likes it like nobody’s business, and that’s all that matters to me.

Watching your best friend fall in love again after a devastating heartbreak is (usually) a cathartic moment for everyone involved. Listening is one thing, but Mamet felt the same connection Cuoco had with Pelphrey. As the actress mentioned, all you want is for your friends to be happy and to feel loved again. With her off-screen best friend being the last to meet her new boyfriend, Kaley Cuoco couldn’t help but feel bad for the two people closest to her who hadn’t met earlier.

It’s weird, she was like, the last one to meet him. I was devastated.

Well, at least her BFF and her new beau finally met and hooked up instantly. So things have generally settled down. Hopefully, fans can see photos of Cuoco, Mamet and Pelphrey hanging out together at some point.

His new relationship seemed like a personal bright spot after a mixed year of personal lows and professional highs. The The Big Bang Theory alum chatted with fellow divorcee Kelly Clarkson as they drank wine while talking about their split. Of course, Clarkson understood the sitcom star’s grief given that she and her former husband Brandon Blackstock were officially declared ‘divorced’ in 2021. Of note, the 8 simple rules vet and her ex were apparently on friendly terms while supporting her after their split. But the OG american idol The star and her ex had a rocky breakup, fighting over custody of the kids and their Montana ranch. Yet the two stars have found a common ally in each other.

Kaley Cuoco has several people supporting her as she moves on with newfound love. With a new handsome, his series The stewardess recently wrapped Season 2, which saw Cassie heal from some personal issues in the finale. As viewers wait to hear news of a third season, Kaley Cuoco has several TV projects set to debut in 2022.

Car parking: Missoula debates current needs, future trends

May 30, 2022

Montana Economy

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A man pays to park in downtown Missoula. (Current Martin Kidston/Missoula file)

Some say a large apartment complex proposed for Midtown Missoula does not have enough parking spaces, with only one space per residential unit. Others say it has too much, creating a sea of ​​asphalt that could be put to better uses.

The parking debate with new developments is perennial in Missoula, where land is both limited and expensive. Using it to park cars is expensive and could fall out of use as carpooling and public transport expand to provide new mobility options.

As one reader suggested, “many developers discourage car ownership or provide residents with a small fleet of vehicles. There are alternatives to huge car parks.

In downtown Missoula, Ian Ortlieb, director of the Missoula Parking Commission, said the Covid-19 pandemic “sent everything into a tailspin” around the parking lot. Demand dried up as people stayed home and the economy slowed.

Now that the restrictions have been lifted, many companies have turned to new work models like telecommuting or a hybrid schedule. If the trend continues, this could reduce downtown parking demand in the long term.

“As we monitor what’s happening — the recovery process in Missoula — we’re paying close attention to parking demand,” Ortlieb said. “But I think it’s early at this point to really understand what’s going on.”

Urban planners in big cities have already started to rethink how people get around and what the future of mobility will bring. At some point, they predict, self-driving vehicles will transport passengers to any location, reducing the need for personal cars while making large parking lots obsolete.

A parking attendant patrols the street in downtown Missoula. (Current Martin Kidston/Missoula file)

Already, ride-sharing like Uber and Lyft are offering new transportation options, and new developments in other cities now include drop-off areas in hard-pack parking. Missoula also has a convenient transit system at Mountain Line, which is set to expand services to make the system more convenient.

But this will require more density in some parts of the city, which is difficult to achieve when parking takes up so much space.

“Looking into the future of the area we’re managing in, the density is only going to increase,” Ortlieb said of downtown. “So how can we increase parking supply without necessarily increasing our footprint with parking lots? You can install many more parking spaces in a garage on surface land.

According to the Washington Post, cities like Cincinnati and Los Angeles have new parking lots with flat floors and higher ceilings. This allows them to be converted into apartments or offices if parking demand drops.

In downtown Missoula, the need for parking is uneven and varies by area, Ortlieb said. The city offers approximately 1,200 spaces on the street, including short-term, long-term, and metered parking. It offers an additional 1,300 parking spaces in its rental program, including surface lots and garages.

“We don’t get the complaint that there’s too much parking,” Ortlieb said. “Just about everywhere, there are localized shortages. But some areas seem a bit narrower than others.

Another measure of demand may be the revenue brought to the city by parking. In 2021, Ortlieb said, the Missoula Parking Commission brought in $2.4 million in overall revenue. In the first three quarters of this fiscal year, it has already grossed over $2.1 million.

Nationally, the 25 largest U.S. cities raised about $1.5 billion in total from parking, according to “Special Report: How Self-Driving Vehicles Could Limit City Budgets.”

“We expect a little more than the previous year. Hopefully this is a sign of recovery from the pandemic,” Ortlieb said of this year’s parking revenue.

Outside of downtown, Missoula city and county codes require a set number of parking spaces based on a project. This month, however, the city council began exploring potential incentives for developers in exchange for more affordable housing.

The Casa Loma project on South Avenue would dedicate the majority of the property to parking.

One would allow a developer to reduce parking by up to 50% in exchange for a fixed percentage of affordable housing. Parking supply is expensive and drives up development costs, so reducing the number of parking spaces could lower construction costs.

It could also free up land for better building design and other uses — something members of the Missoula Redevelopment Agency noted in a recent proposed apartment project on South Avenue.

As presented, the Casa Loma project would create 132 new housing units. It would also provide 132 parking spaces in a large car park located within the development. Some say it’s not enough parking while others argue it’s too much. A similar debate is taking place around the great Ravara project on Scott Street.

“It would be nice to see some innovative thinking in a parking grid that isn’t all asphalt – asphalt being a heat sink,” said MRA Commissioner Nancy Moe. “Given that temperatures are going to rise, it would be nice to see something on the sustainability side.”

Nate Richmond, a member of the Casa Loma development team, didn’t disagree. Surface parking isn’t ideal, he says, although the options cost money.

“One of the things we assessed for our construction estimator is to consider doing underground parking so we can reduce the size of that surface lot,” he said. “It’s something we’d like to accomplish, but obviously the cost is significant with that.”

Pop-up party rumors say this Jersey Shore town could be next

May 29, 2022

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ASBURY PARK — Police in a popular Jersey Shore beach town are investigating whether their community is the target of another pop-up party similar to last weekend’s mayhem in Long Branch.

Asbury Park Police said on social networks that it is still working to determine the credibility of message details. Police said the messages advertised a party on Sunday, but did not say where or when.

The department added that it was coordinating with other law enforcement agencies for the safety of residents and visitors.

“There will be zero tolerance for any illegal acts and lewd behavior in reference to this pop-up party or any other future event,” police said.

Police did not immediately respond Sunday morning to a request for an update on the investigation.

Fears of short-lived parties on the Jersey Shore resurfaced after 5,000 people showed up in Long Branch on Saturday, May 21. Authorities said most revelers took the train to get there.

Both Asbury Park and Long Branch are in Monmouth County. NJ Transit train rides between the two coastal cities take less than 15 minutes.

In response, the city implemented a curfew and called for help from nearby law enforcement.

Police in tactical gear responded to disperse the crowd using smoke and a flash bang. 15 people have been arrested, according to the Monmouth County District Attorney’s Office.

Posts on social media have indicated that another pop-up party at Long Branch is scheduled for June 19. A flyer for the event promoted dancing, music and a $1,000 “twerking contest”.

Instagram/@sosactivated

Instagram/@sosactivated

Local officials and state lawmakers said they were working to suppress similar future events.

Public Safety Director Domingos Saldida said the goal was to create a plan to deal with overwhelming crowds that other communities could implement. Saldida added that social media has made it easier for “out of town” groups to coordinate their celebrations.

“When masses show up by NJ Transit and 5,000 people take over Pier Village, it creates a very difficult situation to manage,” Saldida said.

Long Branch Mayor John Pallone said he was considering taking legal action against social media platforms used to promote the parties. It’s unclear exactly what that would entail.

(via stuffed_0live on TikTok /ogden1 on TikTok)

(via stuffed_0live on TikTok /ogden1 on TikTok)

“Our city will not be a place for those who disrespect our city, public spaces, shopping streets with acts of violence, drinking or smoking,” Pallone said.

Senator Vin Gopal, D-Monmouth, said he would introduce a bill to make revelers responsible for the wreckage they leave behind. Gopal, a Long Branch resident, said the legislation would hold parents accountable for the actions of minors.

“Some of these videos I saw were absolutely disgraceful and the amount of litter left on the streets afterwards was disgusting,” Gopal said.

Rick Rickman is a reporter for New Jersey 101.5. You can reach him at [email protected]

Click here to contact an editor about a comment or correction for this story.

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Soaring Fertilizer Prices Compress Midwest Farmers | national news

May 28, 2022

Montana Economy

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(The Center Square) – Things are getting tougher for the country’s breadbasket, a difficult situation that will likely affect the country’s economy.

In addition to 40-year high inflation and new records being set almost daily at the gas pump for the past two weeks, the price of some agricultural fertilizers has skyrocketed as much as 60% above last year.

“An average 2,500-acre corn and soybean farm has seen its fertilizer bill increase by $175,000 in the last year alone, from $250,000 to $425,000,” said economist Loren Koeman. Chief/Manager of Industry, Conservation, and Regulatory Relations for the Michigan Farm Bureau. Center Square.

This is very bad news for farmers, but also for grocery store customers who buy basic foods like meat, dairy and bread.

The Michigan Legislature has sent a message to lawmakers in Washington to help reduce agricultural fertilizer costs. Rep. Steve Carra, R-Three Rivers, is the author of House Resolution 205. The resolution urges the U.S. Congress, federal agencies and state departments to immediately address the continuing fertilizer price increases and shortages that are severely affecting Michigan farmers.

The Michigan House of Representatives approved the resolution and sent it to the US Congress.

“Farmers play a vital role in Michigan’s history, as well as in today’s culture and economy,” Carra, a member of the House Committee on Agriculture, said in a statement. “There are approximately 10 million acres of farmland in Michigan, and we are home to over 47,000 farms. There are millions of acres of farmland that need to be fertilized.

According to Koeman, the main factors driving up fertilizer prices are:

The war in Ukraine has impacted the supply of fertilizers from Russia and Belarus due to sanctions.

Rising energy prices have a direct impact on nitrogen fertilizers, which are made from natural gas.

Higher shipping costs due to both rising energy costs, labor costs, and limited ship and rail availability. Fertilizers are bulky and often have to be shipped long distances from where they are extracted to where they are used.

Consolidation in the fertilizer industry. For example, just two companies control more than 90% of the US potash market. Fertilizer producers are making record profits. For example, Nutrien’s profits for the last 12 months are almost 10 times greater than the profits for 2020.

Modern farmers have increased the efficiency of fertilizers, optimizing the use of technologies such as GPS to test soils and manage individual crop areas in fields, Koeman explained. It is therefore difficult to further reduce fertilizer use without reducing yields.

In the short term, farmers’ profits are reduced by high fertilizer prices. In the long run, farmers need to make a profit to stay in business, so higher fertilizer costs will have to drive up food prices, Koeman said.

It’s not all bad news for farmers.

“This year, farmers were largely able to offset the higher cost of fertilizers with higher crop prices, due to the supply disruption in Ukraine,” Koeman said. “Farmers are concerned, however, that fertilizer prices will remain high even if crop prices fall back to more normal levels, squeezing profits.”

Michigan Farm Bureau industry relations specialist Theresa Sisung agrees with Koeman.

“With high crop prices, farmers hope to offset some of their additional input expenses with higher selling prices and good yields,” Sisung told The Center Square. “Farmers are sharpening their pencils and being diligent in crop sales, and with the help of Mother Nature, it is still possible to have a positive income this year. There is more concern about future profitability if input prices remain high and we see crop prices start to decline. »

New Bedford announces $3.3 million for local businesses

May 28, 2022

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New Bedford Mayor Jon Mitchell today announced $3.3 million in funding that will support local businesses and entrepreneurs, as part of the city’s commitment to use a portion of funds from the American Rescue Plan Act to help businesses that have been impacted by the COVID-19 pandemic.

“The funding will be split under two separate initiatives,” according to a press release. “NBForward!, which will provide funding to businesses negatively impacted by the pandemic, and NB100!, which will focus on helping start-up entrepreneurs impacted because of their industry or location.”

The funds will be administered by the New Bedford Economic Development Council.

“Entrepreneurs drive opportunity and growth in our economy. Positioning them for success will accelerate New Bedford’s exit from the pandemic,” Mayor Jon Mitchell said. “The New Bedford Economic Development Council has a proven track record of supporting small businesses, and these two new programs will leverage their experience and expertise.

“Connectivity is key to helping small businesses succeed throughout the business lifecycle,” said Anthony Sapienza, president of the New Bedford Economic Development Council. “From start to finish, the two NB100s! and NBForward! are designed to provide not only New Bedford businesses with much-needed financial support to emerge from the pandemic, but also the technical know-how needed to remain viable and vibrant for years to come. »

“No matter where someone is in their entrepreneurial journey – whether they’re a beginner or an established company – at New Bedford, we have a pathway available to them,” he said. declared.

NBForward! will offer at least 100 grants of up to $20,000, as well as assistance with things like business planning, resource tips and best practices, the statement said. Funds can be used for things like construction, renovation, rental or mortgage payments, utility payments, payroll, or insurance, among other options.

NB100! is designed to “promote entrepreneurship, build local wealth and strengthen community ties by helping 100 new businesses get started”, in collaboration with organizations such as EforAll, Groundwork, Co-Creative Center, New Bedford Ocean Cluster, UMass Dartmouth , Bristol Community College and Junior Achievement. Eligible small businesses that complete this technical support program could receive grants of $10,000 from the NBEDC.

It is now the seventh move for distributing the first half of $64.7 million in federal COVID-19 relief funds that New Bedford City Council voted to accept in March. More recently, Mayor Mitchell announced that $1.2 million would be given to New Bedford artists and organizations that support the arts.

Other announcements benefited from a program to upgrade business facades, housing, daycares, small businesses and $5 million to help renovate the Zeiteron Performing Arts Center.

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The reason many sports fans don’t like seeing Drake around their favorite team

May 27, 2022

Montana Lending

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In 2022 there was another instance of the Drake Curse, and again it cost Drake money. A lot of money. This time the victim came from the world of Formula 1. Ferrari driver Charles Leclerc had stuck his car in pole position, giving himself a great chance to take a win and extend his championship lead over the 2021 defending champion, Max Verstappen of Red Bull Racing, by Sports News.

Leclerc took a substantial lead, and it looked like the Monegasque driver was on course for an easy flag-light victory for Ferrari. However, according to Sporting News, it all came crashing down on lap 28 when the Ferrari power unit in the rear of his car failed. It was a shock retirement that cost Leclerc the lead in the championship standings, especially when the Ferrari power unit was known for its reliability, for Sports car. However, it quickly became apparent that other forces may be at work.

According Daily mail, ahead of the race, Drake posted a photo of his betting slip on his Instagram story with the caption, “First F1 bet let’s see how it goes.” The bet was CAD$300,000 ($230,000 USD) to win CAD$750,000 ($590,000 USD) that Leclerc would win the Spanish Grand Prix. Fans were quick to notice that it looked like Drake’s curse was still very much alive.

Democratic spokesperson talks about farms, abortions and student loans

May 26, 2022

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On Tuesday’s KGVO Talk Back show, Montana Democratic Party Chairwoman Robyn Driscoll answered tough questions from the audience on a variety of topics.

The first question was about the Democratic Party’s position on abortion, after the recent controversy over the leak of the US Supreme Court’s decision to overturn Roe v Wade and allegations that the party supports abortion until birth.

“Our party platform supports every woman’s right to make her own health care decisions and that includes abortion,” Driscoll said. “I have to say that I totally disagree with you that the Democratic Party thinks abortion should be done until birth or let a baby die after birth.”

Driscoll was convinced that no matter what the U.S. Supreme Court decides, Montana will always allow a woman to choose an abortion.

“Our state constitution protects that right,” she said. “Montana’s constitutional right to privacy will always protect our right to abortion, and even if there is a special session after this ruling is made, the bill(s) that pass would immediately come before the court and Hopefully, an injunction would be placed on this bill until the court makes a decision. Our party is strongly pro-choice. It’s in our platform.

One listener addressed the issue of student loan forgiveness and how it would be funded. Driscoll said the vast majority of student loans are taken out by people who really need them.

“There are students with life situations where they can’t work three jobs or two jobs or even one job while they’re in college because they may already have a job at home raising their children,” she said. “There are far too many situations in life to say that a person should be able to receive a loan or that they should be able to work and repay their loans. There are far too many real situations.

Another listener compared student loans to government support for farmers.

“Our farmers feed the United States and quite often the world, and so when they have a bad year, the whole United States suffers, not just them,” she said. “I’d rather not see corporations take over our farms and ranches and to do that they certainly need help.”

KGVO also hosts Montana Republican Party Chairman Don Kaltschmidt once a month.

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New Bedford City Council votes against mayor’s health care plan

May 26, 2022

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When New Bedford Mayor Jon Mitchell delivered his state of the city address last month, he mentioned renegotiating what the city pays for employee health care as one of his priorities. cost reduction. When he presented his $471 million budget to New Bedford City Council last week, he again insisted it was one of the few areas with potential for savings.

On Tuesday evening, the council took up Mayor Mitchell’s third attempt to get the city to pass Sections 21-23 of Chapter 32B of the Massachusetts General Laws, which would allow the city to negotiate these health care costs with public union representatives. through a neutral arbitrator, and for the third time the board rejected it.

First, a vote on whether to send the motion to the council’s finance committee failed 3-7, with councilors Brad Markey, Linda Morad and Ryan Pereria the only votes in favor. A second vote on whether to proceed with the motion was approved 8 to 2, with only councilors Markey and Morad voting against. Ward 4 Councilor Derek Baptiste was not present.

During his weekly appearance on WBSM on Wednesday, Mitchell shared his disappointment with the board’s decision.

“There aren’t a lot of levers the city can use to save taxpayers money on non-discretionary spending. You provide health care, and it’s there, and you have to pay the bill. We provide our employees with very good medical coverage, but we provide it inefficiently,” he said. “State law provides us with the opportunity to negotiate effective and efficient health care for our employees and we have not taken advantage of it.”

Mitchell particularly took issue with the fact that the board didn’t even bring the matter to the finance committee for discussion.

“Not only did they reject it, they didn’t even vote to discuss it. Now think about it,” he said. “The merits of the case should be discussed in open session so that people can weigh the costs and benefits of this, but last night the fire and police unions filled the room in the council chambers, as they have done before when this came, and the councilors come to shoot down not only the measure itself, and I can’t stress this enough, shot down the very opportunity to discuss it.

Mitchell says health care costs for the city have increased by about $1 million a year since 2012, from $35.2 million to $45.7 million, and he expects that these costs increase by another 7% in the immediate future. He said without renegotiating the percentage of an employee’s health care paid by the city, it would result in higher taxes for city residents and business owners.

“Look, the board can’t have it both ways. The council can’t say we’re against raising taxes, but on the other hand, not taking meaningful steps to do something about it,” he said. “Instead they said, ‘No, we’re not even going to discuss it,’ and I think that’s a real problem. It’s going to make it harder in the long run for taxpayers, for taxpayers. municipal services I’m disappointed, but I think all the taxpayers in the city are also disappointed.

City Council chairman Ian Abreu said he voted against the motion because he believed savings could be made without having to refer the matter to arbitration.

“I have always believed that our Public Service Committee exists for one purpose: to work with our administration to analyze costs and to work with our executive to find common ground. All parties need to come together around the table to help find a solution,” Abreu said. “I have very serious concerns about what changing our health care benefits would mean for our retirees, paraprofessionals, food service workers and custodial staff who are already stretched thin. Between 2019 and 2021, the PEC saved taxpayers $2,700,000 in healthcare plan concessions. However, savings only happen when both parties come together and negotiate.

General Counsel Shane Burgo voted against the motion and also cited PEC as a viable option.

“Rising health care costs are a national problem and will not be solved by cutting benefits or increasing out-of-pocket spending. The New Bedford Public Employees Committee (PEC) continues to bargain in good faith, I encourage this administration to do the same,” Burgo said. “PEC has made many concessions that have saved them almost $3,000,000 over the past three years. I will continue to support their bargaining position to negotiate fair and equitable health care.

Ward 3 Councilman Hugh Dunn, who also voted against the motion, suggested an ulterior motive in bringing the idea of ​​negotiating healthcare costs back to council.

“The proposal is a tired and perennial red herring tabled again to distract from administration spending in the annual budget. There has been no tax rate reduction in any municipality where this proposal has been enacted. The only thing that has been cut is essential health care coverage for city workers,” he said. “I support the right of our employees to negotiate their health care – and I refuse to compromise that commitment, especially during a pandemic.”

Mitchell said that despite the council having rejected this motion three times, he will continue to bring it forward until he decides to act.

“What we’re trying to do is not wait for a financial crisis to put in place these useful reforms, these meaningful reforms,” ​​he said. “That’s what we do in New Bedford, wait until there’s a big hole in the roof before we go fix it. I happen to follow the saying fix your roof while the sun is still shining, because we don’t want to get to a point where things are so tight, finances are so tight, that we actually have to cut things that really matter to people or unduly tax taxpayers and/or both.

“That’s why I preach the long term. This is a long-term measure that will put the city on a better footing,” he said. “Unfortunately the council missed that opportunity (Tuesday) evening.”

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WATCH: Things from the year you were born that no longer exist

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Local South Jersey restaurant donates thousands of meals

May 25, 2022

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Foodie Hall in Cherry Hill has only been open since March, but they’ve already donated 7,200 meals through their Meals 4 Meals program. For every meal ordered at Foodie Hall, the company donates a meal to Feeding America, which supports food banks nationwide.

They are on track to deliver 50,000 meals by the end of the year.

It’s not just a whole new food company, but a new takeaway concept. There are seven kitchen brands and types in a 2,000 square foot kitchen. You can get Asian, Mexican, and Italian dishes, as well as a full chicken menu and vegan options.

Photo Dennis Malloy

Photo Dennis Malloy

Yes, they also do great pizzas.

See more here. They plan to add three more full menus to their electronic restaurant variety.

Their culinary direction is a master chef whose list of accomplishments is as long and varied as their menus.

It’s all under the culinary direction of chef Georgeann Leaming, who along with owners Dan Goldberg and Nick Ballias knew they were going to feed a lot of people.

Through Feeding America, Foodie Hall donates meals for every meal ordered from its online restaurant. Feeding America is the largest hunger relief organization in the United States, with 200 food banks and 60,000 pantries and thriving meal programs.

Photo Dennis Malloy

Photo Dennis Malloy

Feeding America serves 40 million people, including 12 million children and seven million seniors nationwide.

Foodie Hall is thrilled with the response to its new premium takeout and delivery concept, and its ability to give back by donating so many meals to those in need. They plan to open more locations in New Jersey as the Cherry Hill location expands.

Based on how many meals they’ve already served their customers and donated to Feeding American, it could happen sooner rather than later.

The views expressed in the above post are those of New Jersey 101.5 talk show host Dennis Malloy only.

You can now listen to Dennis & Judi — On demand! Listen to New Jersey’s favorite Best Friends anytime, anywhere, and any day of the week. Download the Dennis & Judi show wherever you get podcasts, on our free app, or listen now.

Click here to contact an editor about a comment or correction for this story.

WATCH: States with the most new small businesses per capita

Housing boom is making many Mountain West homeowners ‘equity rich’

May 24, 2022

Montana Mortgages

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According to real estate data analyst Attom, there is a record $27 trillion in equity in the United States. In fact, thanks to the overfed housing market, almost half of the owners with mortgages are considered “equity rich” after the first quarter of 2022. This means they owe less than 50% of the market value of their property.

Idaho leads the nation, with nearly 70% of homeowners in the state falling into this category. Utah and Arizona rank third and fourth respectively, where more than 60% of homeowners owe less than half the value of the property. The number is over 50% in Colorado and Nevada, ranked 12th and 13th.

Rick Sharga, executive vice president of market intelligence at Attom, says Mountain West stands out in part because its fast-growing states have attracted an influx of cash buyers snapping up homes.

“What we’ve seen is really a migration of people from higher cost states selling their homes, taking the money and buying bigger homes that are much cheaper in states like Idaho and Utah or Arizona,” Sharga said.

That doesn’t happen as much in Wyoming, where only a quarter of homeowners in the state are considered equity-rich. It is the fifth lowest rating in the country.

Meanwhile, New Mexico saw the largest increase in the number of stock-rich homeowners, rising from 35.3% in the fourth quarter of 2021 to 43.4% in the first quarter of 2022. Montana ranked fifth in this category, rising from 40.5% to 45.7%.

This story was produced by the Mountain West News Bureau, a collaboration between Wyoming Public Media, Nevada Public Radio, Boise State Public Radio in Idaho, KUNR in Nevada, the O’Connor Center for the Rocky Mountain West in Montana , KUNC in Colorado, KUNM in New Mexico, with support from affiliate stations throughout the region. Funding for the Mountain West News Bureau is provided in part by the public broadcasting company.

‘She’s Assignment’ Still Impacting NJ Women in Workforce: Report

May 22, 2022

Montana Economy

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Unlike other recessions, the downturn caused by COVID-19 has hit women harder than men economically.

And a new report from Rutgers suggests that women are struggling to regain their status in the workforce, and could continue to do so for some time.

Female unemployment, which peaked at 18.4% in April 2020, has exceeded that of men through the end of 2021, according to the Rutgers Center for Women and Work report.

Most of these women are back at work, but not necessarily back to normal – making significant sacrifices related to the way they work, usually due to childcare issues.

“It’s the part of the ‘She-cession’ that nobody talks about,” said Debra Lancaster, the Center’s executive director. “Thousands of women are sacrificing full-time jobs, higher wages, health insurance and other benefits for the ability to care for young children and aging parents.”

In the last six months of 2021, despite the return to in-person school instruction, 23.1% of families experienced childcare disruptions, according to the report. Women of color and those with low incomes have shouldered the greatest burdens.

At the end of 2021, 5.2% of women held multiple jobs, compared to 4.1% of men, the report notes. In 2018, 4.4% of men held more than one job, compared to 4.3% of women.

“We’re also seeing people cut back on their working hours or having to watch their kids while they work,” said Sarah Small, the report’s co-author and an economist at the Center. “The child care crisis has never gone away for many low-income families.”

The report also highlighted the gender pay gap among those in front-line positions and showed how policies such as federal stimulus payments and the child tax credit have helped families low income – those who received the payments – to afford the essentials in times of uncertainty.

The report makes a number of recommendations to improve conditions for women and their families in New Jersey, such as ensuring the longevity of the child tax credit, strengthening housing protections, improving access and affordability of child care and improving access to mental health services.

Dino Flammia is a reporter for New Jersey 101.5. You can reach him at [email protected]

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WATCH: States with the most new small businesses per capita

States with worst foreclosure rates this year – 24/7 Wall St.

May 22, 2022

Montana Mortgages

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Part of the $2.2 trillion Coronavirus Aid, Relief, and Economic Security Act, passed by Congress and signed by President Donald Trump in March 2020, included temporary foreclosure and eviction protections for homeowners holding federally guaranteed mortgages. This emergency regulatory safeguard kept millions of Americans at home during the pandemic’s most economically crippling time. (These are the states where most people own their homes.)

Thanks to the continued spike in home prices nationwide, many of these borrowers are holding more equity in their homes than before the global virus outbreak. But not everyone emerged above the water from this abstention lifeline.

According to recent analysis by real estate data provider ATTTOM, foreclosure filings hit a post-pandemic high in the first quarter of 2022 at 78,271, up 39% from the previous quarter and 132% from the same period. period last year. To find the states with the most foreclosures, 24/7 Wall St. looked at 2021 and 2022 foreclosure data provided by ATTOM Data Solutions. States are ranked by the number of foreclosures per 100,000 dwellings.

Foreclosure activity is still 57% lower than it was in the first three months of 2020, but the return to normal is fast approaching. Foreclosures have declined in the 12 months to March 2022 in just three states – Alaska and the Dakotas – while foreclosure activity has jumped more than 200% in five states – New York, New Jersey, Colorado, Nevada and Michigan. Foreclosure activity jumped nearly 500% in Nevada and Michigan. Nationally, foreclosure activity increased by 135%.

Chicago, New York, Los Angeles, Houston and Philadelphia had the highest number of foreclosures. For cities with populations under 200,000, the highest foreclosure rates were in Cleveland, Ohio; Atlantic City, New Jersey; Jacksonville, North Carolina; Rockford, Ill.; and Columbia, South Carolina. (See also the city with the highest housing costs of any state.)

In three states — Wyoming, Louisiana and Mississippi — underwater mortgages accounted for between 10% and 17% of all mortgages, the most among the states. An underwater mortgage is when a home is worth less than the money owed on the mortgage.

Here’s the state with the worst foreclosure rate this year

7 stocks reporting profits the week of May 23, 2022

May 21, 2022

Montana Lending

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InvestorPlace – Stock market news, stock advice and trading tips

Tough week for traders. Big wins missed by walmart (NYSE:WMT), Target (NYSE:TGT) and Kohls (NYSE:KSS) left investors in shock and contributed to a strong sell off in the stock marketsincluding the biggest one-day drop in two years on May 18.

Wall Street will be looking for better results in the week ahead as we get first-quarter impressions from the latest major retailers to report, as well as some notable tech companies.

Taken together, earnings reports for the next few days should provide more evidence of how the consumer and economy are holding up as inflation continues to hit a 40-year high and the Federal Reserve prepares to raise interest rates at its next meeting on June 14 and 15. Here are seven stocks reporting profits the week of May 23:

  • best buy (NYSE:BBY)
  • petco (NASDAQ:FRAME)
  • Nvidia (NASDAQ:NVDA)
  • Dick Sporting Goods (NYSE:SDKs)
  • Snowflake (NYSE:SNOW)
  • Ali Baba (NYSE:BABA)
  • Costco (NASDAQ:COST)

Stock reporting earnings: Best Buy (BBY)

Source: Bob Noah / Shutterstock.com

First out is consumer electronics and appliance retailer Best Buy. The Richfield, Minnesota-based company could benefit from some good news. Year-to-date, BBY stock is down 26% to $75.68 per share. The stock price was pulled down along with the wider market. However, the company was recently appointed to investment banking Goldman Sachs (NYSE:GS) safety margin listcomposed of stocks that have attractive valuations and strong balance sheets.

For his winnings next week, analysts expect that Best Buy will report earnings per share (EPS) of $1.64 on revenue of $10.44 billion. Anything better than that, and BBY stock could bounce higher. Currently, the stock is trading near its 52-week low of $72, providing an attractive entry point for investors before or immediately after its results. the median target price on Best Buy stock among 21 analysts who cover the company is currently $120, implying a 57% upside.

Petco (WOOF)

The front of a Petco (WOOF) store in Los Angeles, California.

Source: Walter Cicchetti / Shutterstock.com

Pet retailer and animal welfare company Petco releases its first quarter figures on May 24. Wall Street expects the San Diego, Calif.-based company will report EPS of $0.16 on revenue of $1.46 billion for the January-March period. The company recently announced a retail partnership aimed at attracting dog owners who are also outdoor enthusiasts and particularly enjoy camping.

The partnership is with Backcountry, an online retailer specializing in camping, hiking and outdoor gear. The two companies create a collection of outdoor gear for dogs that participate in outdoor experiences with their owners. Called “Backcountry x Petco,” the collection will be sold at Petco stores as well as the Petco.com and Backcountry.com websites. WOOF stock is down 14% this year at $17.26 per share.

Stock reporting earnings: Nvidia (NVDA)

Nvidia (NVDA) logo and sign on corporate headquarters.  Blurred foreground with green trees

Source: Michael Vi / Shutterstock.com

Semiconductor and microchip giant Nvidia announces its earnings on May 25, and the results will be closely scrutinized on Wall Street. NVDA shares have been hammered this year along with shares of all semiconductor companies as concerns grow over supply chain issues and slowing demand. So far in 2022, NVDA stock has fallen 42% to trade at $175.78 per share. Most analysts say Nvidia stock is a shout buy at current levels. the median target price on stocks is $332.00, suggesting an 89% upside from current levels.

Gaming, artificial intelligence, data centers, self-driving cars and 5G wireless are expected to continue to propel Nvidia’s product sales. The company’s revenue has grown from $4.3 billion in 2013 to $26.9 billion today, making it the world’s largest chipmaker. Analysts seem to agree that Nvidia can keep growing at a steady pace despite current supply chain issues and market volatility. For the first quarter of this year, Wall Street planned that Nvidia will report EPS of $1.29 on revenue of $8.12 billion.

Dick’s Sporting Goods (DKS)

Exterior of Dick's Sporting Goods retail store, including sign and logo.

Source: George Sheldon via Shutterstock

Shares of Dick’s Sporting Goods fell sharply last week, along with the wider retail sector. On May 18, DKS stock fell more than 12% after Walmart and Target sniffed out their first-quarter numbers. The company’s stock price is now down 30% on the year to $80 a share. At its current level, and with a price/earnings ratio (P/E) of just 5, most analysts believe Dick’s stock is undervalued and ripe for the picking. the median target price on the stock price is $137, which would be 70% higher than where the stock is currently trading.

Analysts are looking for Dick’s Sporting Goods will report EPS of $2.46 on revenue of $2.61 billion when it reports quarterly results on May 25. investment bank Morgan Stanley (NYSE:MRS) recently named DKS one of the most “unappreciated post-COVID stocks” and urged investors to add it to their portfolios. As the pandemic settles firmly in our collective rear-view mirrors and summer is fast approaching, Dick’s Sporting Goods should see sales increase.

Stocks Reporting Earnings: Snowflake (SNOW)

Snowflake symbol and logo at the company's headquarters in Silicon Valley.  Stock of SNOW.

Source: various photographs / Shutterstock

Snowflake, another big tech stock that announces its first quarter next week, is the cloud computing data warehousing company. Shares of the Bozeman, Montana-based company were hit harder than most stocks during the market selloff this year. Year-to-date, SNOW stock is down 54% to $151.31 per share, and is now 63% below its 52-week high of $405 per share. Analysts expect the company reports EPS of $0.01 on revenue of $41.76 million for the first quarter of this year.

SNOW stock has also been hit in recent weeks by revelations that another cloud computing giant Selling power (NYSE:RCMP) possesses left his entire position in the business. Salesforce had invested $250 million in Snowflake at the time of the software company’s initial public offering (IPO) in 2020. However, as of the end of the first quarter, Salesforce held no Snowflake shares, according to a regulatory filing, selling all his actions. as the market weakens and falls.

Alibaba (BABA)

Alibaba (BABA) logo on the side of a glass-walled building.

Source: test / Shutterstock.com

Is the worst over for Chinese tech giant Alibaba? After two years of a punitive government crackdown, analysts and investors are cautiously optimistic that authorities in Beijing may finally be drop listed companies, especially large-cap tech stocks. The Chinese government has pledged to support the country’s tech sector and said it backs plans for new internet companies to go public. Many investors are keeping their fingers crossed that e-commerce giant Alibaba can get its business back on track.

Granted, the BABA stock could use a lift. Shares of the Hangzhou-based company are currently trading at $89, down 61% from a 52-week high of $230.89. Investor confidence in Alibaba shares has also been shaken by the prospect that more Chinese companies could be forced to delist from US stock exchangeseither by Chinese authorities or by the United States Securities and Exchange Commission, which applies more rigor to Chinese companies trading in New York. Analysts expect Alibaba reports first-quarter EPS of $1.09 on revenue of $29.53 billion.

Stocks Reporting Earnings: Costco (COST)

Short-term profit taking can lower Costco stock price

Source: Helen89 / Shutterstock.com

Finally, we’ll hear from big-box grocery retailer Costco next week. The major retailer’s earnings are all but certain to influence markets when the Seattle-based company releases its report on May 26. alone to trade at $424 per share. The title is now down 25% over the year. Analysts expect that Costco will report EPS of $3.04 on revenue of $51.38 billion.

The big question for Costco as earnings approach is whether it has been able to pass on the higher costs to its customers? While some retailers, like Home deposit (NYSE:HD) have succeeded, others, such as Walmart, have not.

Costco has been looking for ways to raise prices at its more than 800 locations around the world, including to increase the price of its famous cheap hot dogs. However, the company decided against the move after encountering backlash from customers, who appreciate being able to purchase a hot dog and soda at Costco outlets for $1.50 since the launch of the combo in 1985.

Disclosure: As of the date of publication, Joel Baglole held long-standing roles at MS and NVDA. The opinions expressed in this article are those of the author, subject to InvestorPlace.com Publication guidelines.

The post office 7 stocks reporting profits the week of May 23, 2022 appeared first on InvestorPlace.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

DC Dispatch: Lawmakers disagree on how to address formula shortage | News, Sports, Jobs

May 21, 2022

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Photo by Jared Strong/Iowa Capital Dispatch U.S. Senator Chuck Grassley, R-Iowa, addresses a crowd of about 100 people in Denison on April 20.

Iowa officials joined in bipartisan support to help veterans and members of the armed forces re-enter the workforce, as well as advance breast cancer treatment technology for female veterans.

Before the House took a two-week recess, lawmakers also passed legislation to allocate additional funds to address the baby formula shortage.

Shortage of infant formula

Iowa lawmakers disagreed on how best to address a national infant formula shortage.

All Iowa lawmakers supported the Access to Baby Formula Act. The bill directs the U.S. Department of Agriculture to ensure that those dependent on the federal Women, Infants, and Children’s Assistance (WIC) program receive formula at an affordable price.

Sen. Chuck Grassley was one of the co-sponsors of the bill, which passed the Senate unanimously on Thursday and is heading to the president’s desk.

“Today and in the future, we must ensure that all families are able to buy the formula milk needed to feed their infants. That’s why I was proud to support the Infant Formula Access Act, which will help families use the WIC program while taking the necessary steps to prevent a dangerous infant formula shortage from happening again. “Grassley said in a statement.

Rep. Cindy Axne, the only Democrat on the delegation, was the only one from Iowan to support the Infant Formula Supplemental Appropriation Act, which passed the House this week. The bill would allocate $28 million in emergency funds to the U.S. Food and Drug Administration to deal with the crisis and prevent future shortages. In Iowa, more than 50% of formulas are out of stock.

“As a mom, I know firsthand how critical it is for families to have access to safe baby formula and the current crisis is leaving families in Iowa and across the country with no one to go to. to turn. I’ve heard stories of parents in my district spending hours trying to find formula, and it’s unacceptable,” Axne said in a press release.

Rep. Ashley Hinson has proposed an alternative plan that would take $5.7 million from unused pandemic funds to address the formula shortage. His plan would also require the FDA to report to Congress on the supply chain shortage.

“The Biden administration ignored warning signs that a formula shortage was imminent, sitting on its hands until the shelves were empty,” Hinson said in a press release. “Their incompetence underscores the need for funding with safeguards and accountability for FDA failures. Throwing extra money at a problem is the wrong approach.

Supporting veterinarians to develop small businesses

A bipartisan bill introduced by Sen. Joni Ernst to help veterans develop their entrepreneurial skills passed the Senate Small Business Committee on Wednesday. Ernst sponsored the Veterans Entrepreneurship Training (VET) Act with Senator Tammy Duckworth, an Illinois Democrat and veteran. The bill creates trade training for serving members of the armed forces and veterans.

In 2021, the Bureau of Labor Statistics found that 386,000 veterans were unemployed, but that number has been declining over time. The VET law would codify the “Boots to Business” program for four years.

“Our service members and their families sacrifice themselves to defend and preserve our country, and for many, the years following their time in uniform can be difficult,” Ernst said in a press release. “We want to create ways to make this transition to civilian life easier by providing them with opportunities that will allow them to succeed not only in the job market, but also in their everyday lives.”

Create health services for female veterans

The Senate and House passed two bipartisan laws to support female veterans. Representative Mariannette Miller-Meeks co-sponsored the SERVICE Act with Republican and Democratic members of the Senate.

The bill would require Veterans Affairs to inform the Senate and House Veterans Affairs Committees of the number of women diagnosed with breast cancer who serve in the armed forces. It would also require the Department of Veterans Affairs to provide mammography screenings to veterans who have been exposed to combustion fireplaces or other toxic exposures. Miller-Meeks told the House on Wednesday that female veterans have a 20 to 40 percent higher risk of breast cancer, and the risk increases when exposed to toxins and burns.

Miller-Meeks also joined Sen. Jon Tester, D-Montana, in introducing the MAMMO for Veterans Act, which passed unanimously in the Senate. This bill would upgrade all 3D mammograms at Veterans Affairs to the highest level of imaging technology and expand research for the treatment of breast cancer.

“Our veterans risked their lives and health in the service of our country. Female veterans are at particular risk for several types of cancer, particularly breast cancer,” Miller-Meeks said in a press release. “As a physician, I have always told my patients that early detection is the key to successful treatment of all types of cancer. I am thrilled to see my two bipartisan bills pass the House today and look forward to seeing them become laws to support female veterans across the country.

Axne to expand affordable post-secondary education for veterans

A bill introduced by Axne in January, the Veteran Student Work Study Modernization Act, passed the House 370-43 on Tuesday. The bill is intended to help part-time student veterans earn certifications or a degree without taking on excessive debt.

“I am thrilled that my legislation passed the House with broad bipartisan support, as our veterans received their benefits while serving,” Axne said in a press release. “We don’t need to put limits on the education of veterans when they have families to support or mortgages to pay.

Iowa Republicans sponsor awards for responsible farming practices

The House Agriculture Committee unanimously passed a bill sponsored by Hinson to create a conservation loan program to adopt environmentally friendly farming practices and technologies. The PRECISE Act (Producing Responsible Energy and Conservation Incentives and Solutions for the Environment) was co-sponsored by Rep. Randy Feenstra and Miller-Meeks.

“This legislation will make it easier for Iowa farmers to access precision farming technology through USDA programs they already know and trust,” Hinson said.

Grassley introduces bill to improve public safety

Grassley joined Democratic Georgia Sen. John Ossoff in introducing legislation to create training for law enforcement officials and first responders called in to deal with mental health cases. The Traumatic Brain Injury (TBI) and PTSD Law Enforcement Training Act builds on an existing mental health program for people who come into contact with the justice system.

DC Dispatch: Iowa lawmakers disagree on how to address infant formula shortage



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Republican candidates in the final debate for the US House District 1 seat | ABC Fox Missoula

May 21, 2022

Montana Economy

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WHITE FISH, Mont. – Like your hometown election Headquarter, we are counting down to the primary elections in June. RRepublican candidates or the seat of the United States House district in Congress discussed issues affecting ranchers and farmers during their final debate at the Whitefish Performing Arts Center this Friday night.

Each contestant was asked to answer questions about various issues affecting farmers and ranchers in Montana, one of them being mental health.

In one question, candidates were asked how they would address this lingering crisis among farmers and ranchers, especially in rural Montana.

Here’s what they had to say.

“We in the room can do better on the scene, the political scene, the economic scene, we can do better and I also think when you go into the economy they face an economy that we never have been faced before. if they go to a school and work at the job for 10 years, that job may never exist, which actually creates more tension and questions, they go to bed more anxious than ever before,” said Matt Jette, (R)House District candidate.

“It’s a crisis on every level and it comes out of desperation and so it comes down to education and I think again when an individual is cross-trained and self-sufficient they can be successful in another area if a guy company is closing down. they have one backup and go to another,” said House District (R) candidate Mitch Heuer.

“As the only physician in the state legislature for the past 8 years, my role was to push, shoot, kill and carry bills that supported suicide prevention and education that worked on substance abuse and mental health. What we’re learning is there’s a lot we can do at the state level, but the big issue comes down to reimbursement,” said district candidate Al Olszewski. of House (R).

“When they’re told they have to do things with their bodies, I think that’s wrong, it’s overreaching government and we need to look at the bigger picture to find out why the suicide rate is so high. and I really think it’s because of government-reach and people have to go back to managing their own lives, managing their own issues and not being dependent on government,” said Mary Todd (R) House District candidate.

To see the answers to all the questions posed to candidates, you can head to our streaming news channel.

Financial literacy courses could become a requirement in Montana schools next year | News

May 20, 2022

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When Butte resident Mike Paffhausen graduated from Carroll College in 2009, he received a thin, purple school book that he says changed his life. It was called “Life After Graduation: Your Guide to Success”.

Paffhausen then made a to-do list on a few blank pages at the back of the book, filled with items the book recommended. The list spanned a page, plus a few, and included items such as “buy life insurance”, “create a budget” and “make a will”.

Today, he still has the book and has crossed off every item on the list within the first two years of reading it.

The book and the lessons learned from it were pivotal in Paffhausen’s life, he said, and after that he became determined to have other young adults benefit from those lessons.

“Finances are like sex, religion and politics,” Paffhausen said. “We don’t talk about it at the table anymore; it’s inappropriate and taboo, and it shouldn’t be. And that’s really inappropriate in those families where they’re not good at money. So we perpetuate poverty.

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Paffhausen’s many efforts to improve financial literacy in the community include working with Carroll, local high schools, through his church, and even fundraising to continue buying books for future seniors.

In the summer of last year, he told the board of directors of the National Association of Insurance and Financial Advisors of Montana, of which he is a member, his goal of getting guaranteed personal finance courses for every high school student in Montana. Paffhausen and other proponents refer to it as guaranteed rather than mandatory — like all high schools, students are guaranteed a financial literacy course.

Paffhausen has connected with Next Gen Personal Finance, a nonprofit that he says has worked with him and the NAIFA MT board for almost the entire year to make their goal a reality. Paffhausen was introduced to Carly Urban, an economist with a Ph.D. in economics and associate professor at Montana State University in Bozeman, via Next Gen.

In October 2021, Paffhausen spoke at the Montana Association of Business Professionals of America’s Fall Leadership Conference as part of NAIFA MT. Paffhausen said he spoke at a roundtable with teachers about the organization of guaranteed financial literacy classes in high schools in Montana, and they were all “resoundingly supportive,” which he said. urged him and the NAIFA MT Board to continue.

He became president of the National Association of Insurance and Financial Advisors Montana in January.

On Tuesday, Urban, who is a senior researcher in the field, presented her findings on guaranteed personal finance classes in schools at the 2022 NAIFA MT State Convention at the Fairmont Hot Springs Conference Center near Anaconda, where NAIFA MT members who were not on the board were present.

About Literacy Classes

The idea behind financial literacy in schools is that high school graduates have to make many very important financial decisions when they graduate and should educate themselves about money before they start doing so.

The case for financial literacy, Urban said during his presentation, is in his favorite thing: data. According to his research, only 27% of 23-28 year olds can correctly answer three basic questions about interest, inflation and diversification.

“And when I say basic questions, I mean, ‘You have $100 today, the interest rate is 2%, how much money will you have next year? Will you have more than $100, exactly $100 or you don’t really know? Said Urban.

She said her research also revealed that 54% of student borrowers did not calculate their future monthly payments before choosing a loan and, one statistic she found very telling: 38% of 18-34 year olds said they had used alternative financial solutions. services, such as payday loans, over the past five years.

Urban called these alternative financial services a “debt trap for young people”.

“If you want to make sure you can never start a small business as a young adult, or in your life, start the payday cycle,” she said.

When his research looked at states that guaranteed financial literacy courses as a condition of graduation, it showed that the first class had no change in credit scores by age 23 and had a decrease 1.4% of unpaid bills over 90 days. The second cohort achieved a 16 point improvement in credit score and a 3.4% decrease in delinquency over 90 days, and the third cohort experienced a 32 point increase in credit score and a decrease in 5.8% of delinquency over 90 days according to age. 23. Urban called the results of the third cohort of high school students “enormous.”

His research also shows that people want financial literacy courses in schools, with 88% of respondents to a 2022 survey saying high school students should be required to take a semester or year-long course on financial literacy. personal finances.

Student loan repayment rates for first-generation and low-income students and the shift from high-cost to low-cost borrowing methods have also increased with guaranteed financial literacy courses, and payday loans have declined. Students who had guaranteed financial literacy courses in high school were also 21% less likely to have a credit card balance. Moreover, his research found that students from low-income families were helped the most by this requirement.

However, Urban said, there is no evidence that guaranteed financial literacy courses increase the likelihood of opening a retirement account, non-retirement savings account or owning a home.

She said it’s because at 16, 17, and 18, most students think about what’s going on right now, like car loans and student loans, and they’re not ready to think yet. retired or owning a home.

The guaranteed personal finance courses also do not change graduation rates, college attendance rates, college completion rates, income, or work location.

According to Urban’s presentation, eight states across the country are guaranteeing financial literacy classes to every high school student, and five more are in the early stages of implementation.

The reason these courses should be required instead of optional, Urban said, is because research shows that making it optional makes no difference to students’ future credit scores, borrowing habits, and more. or delinquency rates.

Paffhausen said that in addition to the other sought-after benefits of guaranteed financial literacy classes, another good thing is that it’s a non-partisan cause that everyone he’s spoken to supports.

State of courses in Montana

Eight schools in Montana currently require financial literacy to be taught, including Absarokee High School, Anaconda Sr. High School, Box Elder High School, Hamilton High School, Polson High School, St. Ignatius High School, Sweet Grass County High School, and Victor High school, according to Urban’s presentation.

About three weeks ago, Paffhausen said, the efforts he and the NAIFA MT board put in paid off. Paffhausen and Urban were able to meet Elsie Arntzen, Superintendent of Public Instruction of Montana, and found her a home for their cause.

According to documents from the Montana Office of Public Instruction, updated Montana Administrative Rules Chapters 55, 57, and 58, which include guaranteed financial literacy classes for high school students, would go into effect in January 2023. they were adopted.

Currently, four units of English Language Arts, three units of Mathematics, three units of Science, three units of Social Studies, two units of Career and Technical Education, two units of Arts, one health, two units of world languages ​​and two units of electives.

Proposed rule changes include adding a required half-credit of civics or government education in all three social studies units and adding a required half-credit of economics and financial education in all three social studies units or both vocational and technical study units. education, according to OPI documents.

Urban’s research shows that social studies is actually the best course for implementing financial literacy, not math, as some people might think.

There will be challenges, said Paffhausen, and these will mostly be “strategic and tactical issues” of course implementation, such as training existing teachers to teach personal finance and finding space for new content in the secondary program.

According to research on required personal finance courses in Peru, course teachers also benefit. The instructors involved in the Peru study saw their savings increase after teaching the class because they, too, learned about personal finance in a more fun and digestible way than personal finance is sometimes explained to adults.

The cost to schools can also be free, Urban said, with Next Gen Personal Finance offering free, high-quality teacher training and certification, as well as a free curriculum.

Arntzen also said she will make personal finance units available as part of the 60 units teachers must complete every five years to maintain an active teaching license.

Paffhausen said NAIFA MT is the right organization to champion this cause. “Which organization is best suited to bring this conversation to the fore? ” he said. “Everyone in this room has had clients in front of us who we wish we had had a better start and had a simple, fundamental education about how money works.”

And while NAIFA MT is an advocacy organization, Paffhausen said promoting guaranteed personal finance courses does not directly benefit them.

“Society doesn’t know who NAIFA Montana is and never will,” he said. “We have no discernible earnings advantage in this area.”

As for his own children, he said, they will learn financial literacy anyway. But he said he believed in this cause for all the other kids who might not, and ultimately because it’s a good thing to do.

Allow taxes to rise, then give credits to some

May 20, 2022

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TRENTON — Taxes that businesses pay into the unemployment fund are set to rise in July and again next summer, but the legislature could take steps to ease that financial bite.

A bill (A3683/2152) advanced by the Assembly’s Committee on Commerce and Economic Development on Thursday would not eliminate a projected $216 million tax increase due in the fiscal year that begins in six weeks. Instead, it would give certain companies tax credits equal to the increase, offsetting the impact.

Assemblyman Roy Freiman, D-Somerset, said more than 70 percent of New Jersey businesses would benefit from the bill, which offers no respite for large employers.

“What we’re doing here is good for our business community,” Freiman said. “We’re telling them, listen, we realize that the increases that are currently planned will have a negative effect, and with this bill, we will in effect give them a tax credit for all these increases that they may incur. »

Assemblyman Bob Auth, R-Bergen, said the bill is unnecessarily complicated and some small businesses won’t have time to deal with the appropriations.

“They’re just going to drop him through the cracks. That’s not what we want to do here. You don’t want to do that here either,” Auth said. “You want to bring immediate relief to these people. And that’s what we should be doing, so this particular aspect of this bill is flawed.

The bill would provide tax credits that business owners could use to lower their corporate or income tax bills over the next seven years. They would be available from tax years 2023 and 2024, based on potential increases in unemployment insurance premiums seen between July 2022 and June 2024.

The bill also puts $375 million into a fund that would be used to repay federal loans used to pay unemployment benefits. This loan currently has no balance, but further borrowing is planned – which could lead to increased federal business taxes, if the loan has a balance in the last seven weeks of 2022.

Business groups pushing the state to use billions in federal funds to avoid payroll tax increases support the scaled-back alternative.

“Understanding the art of compromise, there is no perfect bill,” said Michael Egenton, executive vice president of the New Jersey Chamber of Commerce. “Would we rather have seen other components of this one?” Sure. But at the same time, it is something that is desperately needed.

Sheila Reynertson, senior policy analyst for New Jersey Policy Perspective, objected, saying the bill was unnecessary given the state of the economy and that the legislature was paying too much attention to corporations.

“Essentially another giveaway to cover a modest cost that they’re already being charged to pay and diverts resources that people, especially those who are still laid off, need right now,” Reynertson said.

Under the bill, the Department of Labor and Workforce Development would have to provide at least 30 days notice to employers when the unemployment insurance tax rate changes. They were told after last year that the hike had already started – although they knew more than six months earlier that a hike was coming, but not their exact rate.

The bill now heads to the Assembly Appropriations Committee for further consideration.

Michael Symons is the Statehouse Bureau Chief for New Jersey 101.5. You can reach him at [email protected]

Click here to contact an editor about a comment or correction for this story.

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NJ AG warns of price gouging and fraud involving infant formula

May 19, 2022

Montana Economy

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On Thursday, New Jersey Acting Attorney General Matthew Platkin clarified what the state of emergency Governor Phil Murphy declared on Tuesday due to an ongoing shortage of baby formula means for merchants who may want to increase their profits with this coveted and essential item.

In a statement, the attorney general’s office said Murphy’s order enforces the state’s predatory pricing law, prohibiting for the duration of the state of emergency and 30 days after any increase in price higher than 10% of what the price was before. urgency.

The OAG said the state Consumer Affairs Division has received “approximately” 16 consumer complaints about the infant formula price hike to date, about half of them in less than three days since publication of the decree.

Each individual sale is considered a separate violation, according to the OAG. A first offense carries a civil penalty of up to $10,000, with the fine increasing to $20,000 for the second and subsequent offenses.

Violators may also be subject to the payment of restitution to consumers, as well as attorney and investigation fees, according to the statement.

The OAG said specific scams to watch out for include offering or selling expired infant formula, or any transaction that requires a wire transfer.

As the state Poison Control Center also suggested earlier Thursday, parents should consult with their baby’s pediatrician before changing the formula.

Price gouging of infant formula in New Jersey can be reported by filling out an online form or by calling 1-800-242-5846 to request a complaint form by mail.

Patrick Lavery is a reporter and anchor for New Jersey 101.5. You can reach him at [email protected]

Click here to contact an editor about a comment or correction for this story.

Voting for the New Jersey Hall of Fame Class of 2022

These are the nominees for the New Jersey Hall of Fame Class of 2022. They come from all walks of life, spanning generations dating back to colonial times. The nominees span the categories of arts and humanities, business, performing arts and entertainment, public service and sports.

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Broker confidence in New York fell in the first quarter

May 19, 2022

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Broker confidence in New York fell for a third consecutive quarter but remained in positive territory, according to the latest survey from the Real Estate Board of New York (REBNY).

But the drop was largely due to the outlook for brokers in the residential market: the current confidence index for the sector fell from 50.63 to 31.41 in the first quarter, while the current confidence index for businesses was essentially stable.

Contrary to the latest reports, however, COVID-19 was not solely responsible for the decline in confidence. Residential brokers suggest that the residential market may moderate on the back of rising interest rates and mortgage rates; the latter metric hit 5% for 30-year mortgages in March, a record high since the fall of 2018.

On the trading front, brokers have expressed concern about a delayed return to work as well as quality of life issues, despite large employers recently signing up and executing first-quarter return-to-work plans. . Office occupancy in New York was 37% in mid-April, according to Kastle Systems, compared to 22% at the end of January. However, this figure still lags behind the average occupancy among the 10 largest metropolitan areas monitored by Kastle.

Six-month expectations were even gloomier, down 17% for commercial brokers and 20% among residential professionals, but the overall outlook was still better than at the start of the pandemic, when commercial and residential indices of REBNY were -33.74 and -64.32, respectively. .

Some factors suggest a positive trend for New York, including a narrowing of the gap between subway and bus ridership and ridership on the LIRR and Subway North and a doubling of gross ticket sales for Broadway shows between the last week of January and mid-April. Restaurant occupancy has improved from 70% below pre-pandemic levels in January to around 40% below new pandemic levels now.

Brokers say critical issues that need to be addressed to sustain progress this year include tackling quality of life issues such as crime, transit safety and sanitation management, local incentives supporting companies and the control of inflation.

“The major challenges facing the brokerage community have thankfully moved away from unprecedented public health concerns,” Keith DeCoster, REBNY Marketa’s chief data and policy officer, said in a statement.. “Economic momentum and broker confidence should remain in positive territory, particularly if policymakers continue to prioritize quality of life issues and empower homeowners and businesses to invest more in New York City. “

A “more consistent and sustained” returning to the office will also be necessary to boost the minds of trading brokers, according to the survey, but despite this, the demand for Class A assets and trophies with updated equipment remains high.

“Although the New York office market is experiencing significant headwinds, including a historically high availability rate, and many workers are still hesitant to return to the office, there is undeniably very strong occupant demand for space in the best office properties in premium locations,” said Bill Montana of Savills.

Politeness a winning strategy on Idaho primary day

May 18, 2022

Montana Loans

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I remember hearing the story of a man who moved to Idaho and took a job in school administration. During his first weeks in town, he was amazed when he walked the streets and strangers greeted him. They made eye contact, said hello, and often asked how her day was going. It was a culture shock. He had come from an urban environment where people rarely looked each other in the eye and as if to remind you that they were aware of your presence. Like a defense mechanism.

Fact cool idaho also applies to politics? Perhaps we have new evidence.

A smile opens doors

Raul Labrador was right. He said Monday he had seen three polls and one had him winning a primary for state attorney general by 14 points. It was perfect. He also refrained from calling his opponents. He represents a wing of the party that I wouldn’t call the establishment. Yet in other statewide races, his team has failed on every level. Was it because they weren’t positive?

Over the past two years, I have heard many non-establishment candidates call Governor Brad Little a tyrant or Little chicken. First, it sounds childish coming from a candidate. Brad Little can be a lot of things his opponents don’t like, but his public persona is very jovial. His campaign ads were all positive and he was generally smiling.

Positive campaigns and positive thinking

I received about 14 tons of political mailings before Primary day (a slight exaggeration) and every time I saw a mailing from the Labrador campaign, he always beamed with a smile.

As of this writing, Glenneda Zuiderveld has a narrow lead over Jim Patrick for the State Senate in District 24. She told me last week that the two get along very well at candidate forums. . Both are people who smile easily. She had a TV ad where she stood on the steps of the Capitol and calmly explained her faith and conservative roots. She did not speak ill of the holder. There may be lessons here for future candidates.

I jokingly told Labrador on Monday that name-calling should be left to the talk show hosts. He’s laughing.

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US States Struggle to Replace Tax Revenue from Fossil Fuels | News, Sports, Jobs

May 17, 2022

Montana Economy

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AP Photo/Jeri Clausing, File Oil rigs sit in the Loco Hills field along US Highway 82 in Eddy County near Artesia, NM, one of the busiest areas in the Permian basin.

SANTA FE, NM (AP) — Government budgets are booming in New Mexico: Teacher salaries are up, residents can go to state college tuition-free, mothers will get medical care for a year postpartum and criminal justice initiatives are funded to reduce urban violence.

The reason behind the spending spree – oil. New Mexico is the second largest producer of crude oil among US states and the top recipient of US remittances for fossil fuel production on federal lands. But a budget filled with oil cash has a side effect: it also highlights how difficult it is to turn state rhetoric about fighting climate change into reality.

State governments in key regions of the country for oil, natural gas and coal production have by far the highest per capita reliance on fossil fuels – led by Wyoming, North Dakota, Alaska and the New Mexico. Revenue funds essential public services, from road maintenance to prisons. In Carlsbad, New Mexico, property taxes on oil infrastructure are securing a high school performing arts center, expanded sports facilities and elementary school renovations.

None of this would be possible without oil revenue, said schools superintendent Gerry Washburn.

“We can’t slow down on this and what we’re doing to fund schools until we have a legitimate replacement” for oil and natural gas revenues, he said. “Whether you’re in the middle of the oil patch or in an area with no oil and gas drilling, these policies will impact the revenue of every school district in the state.”

Federal, state and local governments receive about $138 billion a year from the fossil fuel industry, according to a study by nonpartisan Washington-based economics group Resources for the Future, which does not advocate energy policies. This equals the annual spending of New York State and Texas combined.

Cash flow is dominated by retail taxes on gasoline and diesel in each state, but energy-producing states are most dependent on fossil fuel revenues through a range of taxes, levies, rental and fee sales. Because these revenues help pay for government services, they tend to tax residents less, said Daniel Raimi, a fellow at Resources for the Future and co-author of the study.

“It’s a really difficult dynamic if you’re thinking about moving away from fossil fuels,” he said. “They are going to be faced with the question: are we going to increase our taxes on our residents or do we have to reduce the level of services that we provide? »

In New Mexico, oil and gas make up 42% of state government revenue, a share rising amid war in Ukraine and record oil production in the Permian Basin that stretches across southeastern New Mexico and western Texas. Additional oil revenues are paid into a new interest-bearing trust for early childhood education.

Skyrocketing profits from the fossil fuel industry have also given the Democratic-controlled New Mexico Legislature a chance to try to tackle the nation’s highest unemployment rate and the persistence of a high poverty. Lawmakers gave $1.1 billion in tax breaks and direct payments of up to $1,500 per household to offset inflation.

At the same time, lawmakers have balked this year over climate initiatives that could curb oil production. They rejected a bill to limit pollution linked to global warming in the production and distribution of transportation fuels, a measure taken by West Coast states. New Mexico also avoided a state constitutional amendment for the right to clean air.

Democratic Governor Michelle Lujan Grisham, re-elected in November, said her administration was working to contain methane pollution from oilfields and diversify the economy. New mandates provide for the production of electricity from solar, wind and other renewable sources. But she warned the federal government against deep restrictions on oil exploration and production, which are still the cornerstone of the state budget.

“We can work very effectively with oil and gas producers to meet clean energy standards…while managing some pretty incredible fossil fuel exploration to meet the world’s current energy demands,” the governor said in April.

Preserving revenue from oil, natural gas or coal production while acting on climate change can be especially tricky in blue states where Democrats often campaign to fight global warming.

Colorado Democratic Governor Jared Polis is pursuing an ambitious clean energy plan while trying to preserve $1 billion in annual tax revenue from oil and gas production. To justify air pollution restrictions, Polis cited real-time evidence of climate change, drought and fires.

But Polis, a wealthy tech entrepreneur, threatened last year to veto a proposal that could impose a per-tonne emissions fee on polluters. William Toor, executive director of the governor’s Colorado Energy Office, said the state is not targeting fossil fuel production, only emissions from industry.

On the plains of northeastern Colorado, Weld County Commission Chairman Scott James said state regulations are stifling new drilling needed to support production and government revenues, especially for the schools. The county is centered on a vast oil field stretching from the Denver area to Wyoming and Nebraska.

“I agree with the overall mission to reduce greenhouse gases, but there is an environment that exists in the State Legislature where we have to electrify everything, we have to mandate it, we have to do it now”, said James. “And these technologies are not ready for prime time yet. We just don’t have the capacity to do that.

Rural and economically isolated communities may have a harder time adjusting to a low-carbon economy, said Kristin Smith, a Montana-based Headwaters Economics researcher and economist who studies public finance in the Bakken oil region. , North Dakota. She anticipates “Very difficult decisions” on cuts to areas like public health care and policing.

Some major oil-producing states are moving forward with their climate programs.

Pennsylvania in April became the first major fossil fuel state to adopt a carbon pricing policy, joining an 11-state regional consortium that sets a falling price and limits on carbon dioxide emissions from power plants.

Democratic Gov. Tom Wolf’s move comes without the approval of the Republican-controlled legislature in the nation’s No. 2 state for natural gas production — and a major exporter of gas-generated electricity. A per-well drilling royalty on the booming Marcellus shale gas industry has rained cash on rural counties and municipalities for nearly a decade.

South of Pittsburgh, Washington County has raised more than $100 million over the past decade. This equates to $500 per capita — a “game changer,” said County Council Chairwoman Diana Irey Vaughan. The manna paid, among other things, for the improvement of parks and bridges.

Democratic State Representative Greg Vitali, an advocate for stronger action on climate change, said local governments dependent on gas drilling money will simply have to use traditional tools such as property taxes to make it out.

Republican-dominated Wyoming, the top coal-producing state, has bold goals to cut greenhouse gas emissions to below zero, even though fossil fuels make up more than half of its revenue.

This vision hinges on eventually capturing carbon dioxide from coal and gas-fired power plants and pumping it underground, possibly to increase oil production in aging fields in the center of the state. Wyoming leaders are also turning to alternative fuels like hydrogen and nuclear power, using reactors that produce less waste.

Meanwhile, a decade of declining demand for coal has sapped government revenue. Republican Gov. Mark Gordon signed a coal tax cut in March, giving up about $9 million a year to help the coal industry remain economically viable.

The state – one of only two that does not tax personal income, corporate income or gross receipts – must eventually come to terms with its dependence on fossil fuel money, said Jennifer Lowe, executive director of the Equality State Policy Center, a government watchdog group.

“At some point, there is going to have to be a time for Jesus to come,” Lowe said.



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A little spring cleaning – NMP

May 16, 2022

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* Moving on, the article I wrote about criminals (October 2021) plying their trade in the housing industry has been widely read. And the scammers keep giving. Here are some of their latest gambits:

A former Miami realtor, formerly of Century 21, has been charged with the murder of two homeless people last fall and the attempted murder of a third in December. He was filmed at several stages of the murders, including shooting one man and then another. He was driving a car registered in his name. “We literally followed in the suspect’s footsteps,” Deputy Police Chief Armando Aguilar told the Miami Herald…

Tamara Dadyan, a Los Angeles real estate broker, was sentenced to more than 10 years in prison after pleading guilty to her role in the Payment Protection Program fraud, the small business relief program, to the tune of nearly of $20 million. Dadyan and his compatriots used dozens of fake or stolen identities to apply for loans, including those of elderly or deceased people. And they used the proceeds to buy luxury homes, designer handbags, clothes, and even a Harley. Now, as she sits behind bars, she awaits trial for state mortgage fraud…

A disbarred Massachusetts attorney and his wife have pleaded guilty to running several mortgage fraud schemes. In a ruse, Barry Wayne Plunkett Jr. and his wife, Nancy, both of Barnstable, defrauded six lenders and 14 refinance homeowners and kept $900,000 for their own purposes. They also used various names, entities and false documents to obtain three successive mortgages on their own house in Hyannis Port for amounts of $412,000, $470,000 and $1.2 million…

Pastor Brandon Huber, a part-time agent at Windermere Real Estate in Missoula, Montana, withdrew his congregation’s support for the local food aid program because it was promoting LGBTQ+ pride and rights week. Someone filed an ethics complaint with the Missoula Organization of Realtors, alleging a violation of the Nation Association of Realtors’ Code of Ethics. And Huber sued MOR right away.

It’s not a crime in itself, but the pastor’s attorney said: “The real estate agent hate speech rule is meant to purge Christians from the real estate industry. If you’re a Christian who believes like tens of millions of American Christians, that homosexuality is wrong, there’s simply no way you can participate as a real estate agent, with the kind of ban on hate speech that exists.

This guy should move to Florida…

Maybe he had nothing else to do. John MacMillan Cameron, a broker from Port Orchard, Washington, whose license is currently inactive, has pleaded not guilty to federal charges related to the January 6, 2021 Capitol insurrection. It appears that he posted this message on his site to believers: “The least safe I felt was when I was coming back to catch a train…I was told FU by a little antifa BLMer on a Vespa going in the opposite direction…”

Thank you Zillow for helping build a case against former Green Beret and former Florida congressional candidate Jeremy Brown for attacking the Capitol on January 6, 2021. Brown had previously been on the FBI’s radar as a potential leader of the Oath Keepers. But to prove their case, authorities focused on listing his Tampa residence on the popular search engine. A listing photo showed a whiteboard listing all sorts of listings allegedly related to the riot.

FBI agents raided the house, where they discovered a short-barreled shotgun, a sawed-off shotgun, over 8,000 rounds of ammunition and two hand grenades…

* I warned of inflation, the mortgage market’s equivalent of a four-letter word, last July. As an economist, which I am certainly not, I could have been right or wrong. Turns out I was the latter.

In mid-March, the Federal Reserve Board made the first of what are expected to be many increases of a quarter point or more this year in the federal funds rate. With inflation nearing 8% at the time of this writing, Mortgage Bankers Association Chief Economist Mike Fratantoni said of the widely expected initial 25 basis point increase: “It’s what the Fed needs to do to control inflation. ”

Fed Chairman Jerome Powell said in prepared remarks to the National Association for Business Economics that “inflation is way too high.” And for what it’s worth, the central bank doesn’t expect inflation to drop below 2% until “after 2024” at the earliest…

* When I last looked at the Latino market (June 2021), I reported that most of Hispanics’ wealth came from real estate. Now, the latest State of Hispanic Homeownership report, released in early March, shows Latinos added 657,000 homeowner households between 2019 and 2021, bringing their homeownership rate to 48.4%.

This is still on the low side compared to other demographics. Worse still, it only accounted for 20.6% of total ownership growth over the two-year period.

At the same time, however, “significantly” more Hispanics are looking to buy their first home than the population as a whole, according to a survey by Realtor.com in conjunction with the National Association of Hispanic Real Estate Professionals. NAHREP also produces the State of Hispanic Home Ownership report.

* Last month’s article focused on the influx of institutional investors into the housing market. I’ve since found these stats buried in an ATTOM Data report: Institutional investors nationwide accounted for 6.9%, or one in 14 single-family home and condo sales in 2021, the highest level since 2013.

Meanwhile, there is an upward trend among investors to build as well as buy homes for rent. According to the National Rental Home Council, homes purposely built for rental rather than sale accounted for 26% of properties added to investors’ portfolios in the fourth quarter. This represents an increase from just 3% in the third quarter of 2019. At the same time, purchases of existing single-family homes by investors fell from 81% to 57% over the same two-year period.

“Providers have increasingly turned to new housing development over the past two years as a way to respond to housing market supply constraints and a corresponding increase in demand for single-family rental housing,” the trade group said in a press release…

* A Naples, Florida property management company sued for embezzlement by several of its homeowners’ association clients could also come into Uncle Sam’s crosshairs for taking nearly a quarter of a million dollars in federal COVID relief funds. When American Property Management Services requested PPP money, the request required certification that it was not “engaged in any activity unlawful under federal, state, or local law.” According to some legal beagles, the feds can sue, even if the company wasn’t involved in criminal activity when it applied for a PPP loan…

That’s all for the moment. My basket is full.

Spadea’s Small Business Monday – Your Local Favorites

May 16, 2022

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Every Monday we celebrate New Jersey’s small businesses.

Small businesses are the backbone of our economy with nearly a million people working accounting for half of the workers in the Garden State.

For years, New Jersey has ranked bottom for the business climate with last year, earn a good last place.

There is no doubt that we need a major upheaval in Trenton to bring about serious and lasting change. Lower taxes, reverse the governor’s current trend of placing the burden of replenishing the unemployment insurance fund on local businesses. This resulted in a billion dollar corporate tax hike instead of using the federal stimulus dollars that other states were using to replenish the fund.

The government of New Jersey is definitely working against people and family businesses. The bag ban has made shopping inconvenient and imposes excessive burdens on elderly and disabled shoppers. And, as I wrote before, it all came without any solid scientific or logical reason for its implementation.

In addition to outrageous and unnecessary taxes and regulations, there is the constant drumbeat of fear based on nonsensical discussion of “COVID transmission” rates. Much of this is based on the constant testing of “asymptomatic” (i.e. healthy) people who really have no public health implications. Yet the fear campaign continues to make the public climate even more difficult for businesses that rely on foot traffic.

That said, I will continue to do my part by dedicating Monday’s shows to promoting small businesses and helping out as best I can before we are able to change the climate and make this state a safe haven for small businesses. companies. Stay tuned.

Here is a list of businesses that have come to our attention through the free New Jersey 101.5 app!

Princeton Inquiry Health in Lawrenceville, New Jersey

Noblo umbrella packaging from Eatontown, NJ

Tuzio’s Italian cuisine in Long Branch, New Jersey

Fire station restaurant and pub in Rahway, New Jersey

The above post reflects the thoughts and observations of Bill Spadea, host of New Jersey talk show 101.5. All opinions expressed are those of Bill. Bill Spadea is on the air weekdays from 6-10 a.m., speaking from Jersey, taking your calls at 1-800-283-1015.

WATCH: States with the most new small businesses per capita

NJ Beach Tag Guide for Summer 2022

We are coming another summer to the Jersey Shore! Before you lose yourself in the excitement of sunny days on the sand, we calculate how much seasonal/weekly/daily beach beacons will cost you, and pre-season deals you can still take advantage of!

New England single mother is speechless after receiving gigantic tip

May 16, 2022

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According to UPI.comJennifer Vernancio has been a waitress at a pizzeria in Cranston, Rhode Island called Big Cheese & Pub for three and a half years.

She is a single mother of a 16 year old daughter and a 3 year old son.

She told the news site that caring for her children and earning an income amid the pandemic has been difficult, to say the least.

It turns out that she had a particularly stressful day. Her 3-year-old felt sick, which meant he couldn’t go to daycare. This left Jen scrambling for a babysitter, which made her late for work. Fortunately, the pizzeria where she works is incredibly accommodating and helps her whenever she can.

Jen arrived at work exhausted and her very first table of the day changed everything. A husband and wife were warm and kind and asked Jen about herself. They ordered a few sandwiches, salads and drinks. As they walked out, they thanked Jen and told her to have a great day! She went over to where they were sitting and saw that they had left her an $810 tip on a check for $48!

She was absolutely speechless. The amount of money was extremely generous, but beyond that, the act of kindness from complete strangers left her overwhelmed and so grateful. When you’re unlucky and life seems really hard for you, if someone shows you a little humility, it can completely change things.

Jen used the money to buy her daughter a new pair of shoes, and her son is getting a toy police truck. She will use the rest of the money to pay the bills. She never got the couple’s name, but it’s safe to say she’ll never forget what they did for her when she needed it most.

WATCH: States with the most new small businesses per capita

Common Ground of New Jersey helps those who lose a loved one

May 15, 2022

Montana Economy

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No one can deny that the past two years with the pandemic have caused major disruption and upended our lives for what seemed like an eternity. Our hospitals were full and some of our patients succumbed to the virus and died.

It was reported this week that the death toll from the covid virus has soared to 1,000,000. That’s an incredible number.

Tero Vesalainen

Tero Vesalainen

The Common Ground Grief Center located in Manasquan provides support in a safe place where grieving children, teens, young adults and their families can come together and share their experiences as they begin the grieving process. They have many programs that provide this support and volunteers to help those grieving a death.

Common Ground provides just that, common ground for those who have experienced death close to them, and their programs offer the opportunity for those who are grieving to share and discuss their inner thoughts with others going through similar pain. It is necessary therapy.

Most of us have experienced the loss of someone very close to us and often when we hear of the death our friends or associates say, “I know how you feel”. After the funeral and the celebration of life, it becomes awfully quiet and lonely without the loved one who has passed away. That’s when Common Ground is needed and they provide the help needed to cope.

You can help Common Ground continue to provide these necessary programs. On Thursday, 6/16/22, Common Ground will hold its
2nd Annual Clam Cook with music provided by the very talented Eddie Testa Band taking place at Martell’s Tiki Bar from 5:30-9:30pm. It will be amazing food, raffle prizes and a cash bar. The food is awesome.

Help Common Ground Grief Center help those in need when they need it. You can buy clam cooking tickets or donate here:
commongroundgriefcenter.org and click on News and Events
As always thank you for your support.

The above post reflects the thoughts and observations of New Jersey 101.5 weekend host Big Joe Henry. All opinions expressed are those of Big Joe.

WATCH: States with the most new small businesses per capita

Visit Big Sky shifts focus from marketing to management

May 13, 2022

Montana Economy

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By Gabrielle Gasser ASSOCIATE EDITOR

BIG SKY – On the eve of another busy tourist season in Big Sky, the marketing and community management organization is shifting from relentless efforts to sell the destination to educating visitors on how to enjoy their Stay responsibly.

Today at the annual Visit Big Sky Marketing Outlook luncheon, presenters discussed the growth of Big Sky’s and the state’s tourism economy, and how that growth can be responsibly managed. About 60 business owners from a variety of industries came together to hear five speakers on topics ranging from how to use social media to drive business, what the state of Montana is doing to attract tourism, and how Big Sky can improve the visitor experience.

Brad Niva, CEO of the Big Sky Chamber of Commerce and VBS, shared in his presentation that in order for VBS to move away from marketing efforts, he plans to invest in projects to manage Big Sky as a destination and to improve the visitor experience.

Niva shares a quote from John Muir to kick off her presentation. PHOTO GABRIELLE GASSER

“As Big Sky has grown, we’re having a capacity issue,” Niva said. “All our hotels are full, our restaurants are full [and] lift lines are longer. …our change… does not mean that we stop marketing, but we must continue to communicate with our visitors and thus educate them on how to be a good visitor.

Some of this communication will take the form of new wayfinding signage which Niva says is being updated, as well as the new “Love Big Sky Like a Local” education campaign which gives tourists advice on how to be respectful. He also announced that VBS was part of an effort to update Google Street View in Big Sky, which currently uses photos taken in 2015. Over three days in the first week of June, the 32-mile route of Big Sky will be recaptured to help visitors find their way around today’s Big Sky.

To support local businesses, Niva said it is working on a new website and tourism industry newsletter that will be distributed monthly to businesses and provide them with up-to-date Big Sky data to help inform staffing decisions.

In an effort to create visitor services and to more firmly play the role of destination manager rather than marketer, VBS in its FY23 application made a request for $333,600 to the Big District Council Sky Resort Area to get funds to build new public restrooms in Fire. Pit Park in the city center.

“We don’t use any resort fees for traditional marketing,” Niva said. “It will only serve the infrastructure and betterment of our community. »

After Niva’s presentation, Haley Walter, campaign director for Visit Montana, said the state is seeing record numbers in bed tax collections as well as growth across all regions.

The state’s goal based on that growth, Walter said, is public education and spreading the “responsibly recreate” messages.

Additionally, Walter said Visit Montana is working to promote the spread of tourists throughout the state to relieve pressure on high-traffic areas. The state will also transition to an “always on” marketing model, intended to support visits during the shoulder seasons.

Big Sky is the largest collector of the 4% lodging facility use tax in the state, according to data from the Montana Office of Tourism, raising a total of $4,948,727 million in 2021 , Bozeman in second place by raising $4,455,700.

Big Sky has “enough visitors,” Niva said, and now is the time to step back from marketing and focus on communicating with those visitors.

Niva said the Big Sky community has already done a good job of marketing and managing it as a destination and he wants that to continue in the future.

“It’s our job,” he said, “to continue to inspire people to take the time to work on their business and work on our experience, make sure our visitors leave here saying: ” I can not wait to return “.”

28-year-old NJ man admits stabbing student roommate’s death

May 12, 2022

Montana Lending

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JERSEY CITY — A 28-year-old city resident has admitted to the stabbing death of his 23-year-old roommate nearly two years ago.

Tong Cheng pleaded guilty to manslaughter, Hudson County District Attorney Esther Suarez announced Wednesday.

On August 8, 2020, the Jersey City Police Department responded to a call about a suspicious condition at a New York Avenue apartment near Hutton Street.

Yuting Ge was found in the apartment the two men shared, unresponsive with multiple stab wounds.

Ge was a student at Stevens Institute of Technology.

Cheng is an alumnus of Stevens Institute of Technology Graduate School.

He was arrested at a hotel in Weehawken two days later.

When Cheng is sentenced in late July, the state will recommend a 30-year prison sentence, subject to the No Early Release Act.

Erin Vogt is a reporter and anchor for New Jersey 101.5. You can reach her at [email protected]

Click here to contact an editor about a comment or correction for this story.

WATCH: States with the most new small businesses per capita

Inside Whitney Houston’s $1.6 Million Home and Studio

Take a look at the late Whitney Houston’s longtime New Jersey home and studio, now for sale.

Incredibly expensive divorces

Voting for the New Jersey Hall of Fame Class of 2022

These are the nominees for the New Jersey Hall of Fame Class of 2022. They come from all walks of life, spanning generations dating back to colonial times. The nominees span the categories of arts and humanities, business, performing arts and entertainment, public service and sports.

NJ County Fairs are making a comeback: Check out the schedule for 2022

UPDATE 4/10: A current list of county fairs happening in the Garden State for 2022. From rides, food, animals and hot air balloons, each county fair has something unique to offer.

(Fairs are listed in geographic order from South NJ to North NJ)

Missoula Justice of the Peace Alex Beal on running for re-election

May 12, 2022

Montana Mortgages

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Outgoing Department One Justice of the Peace Alex Beal appeared on KGVO Talk Back on Thursday to answer questions from listeners about his re-election bid for a second four-year term.

Beal discussed the tumultuous state of the justice system when he was elected four years ago and his efforts to “right the ship” with fellow justice of the peace Landee Holloway.

“The first month we were there, we got to all the staff together,” Judge Beal began. “We have a new Independent Trustee who is in charge of personnel and this is something we have been working on with the County Commissioners Office. Judges should be in charge of the courtroom and responsible for making decisions about things. No one elects us to be a group of managers.

Beal acknowledged that Justice Court is often the first experience a member of the public has with the criminal justice system.

“I try to treat the court professionally,” he said. “We handle it cleanly, but in a friendly way and it can be a scary process. I want you in and it doesn’t have to be scarier than that. We will walk you through the process. I’ll let you know what your options are, and we’ll go from there. There are consequences for people’s actions. These consequences are addressed. We issue sentences, fines, jail time, whatever is appropriate in the circumstances, but I try to explain to people, “this is why we are doing this.”

He explained what the Court of Justice can and cannot do in the criminal justice system.

“I think it’s important to understand what the Court of Justice does and doesn’t do,” he said. “And so we’re not doing the whole thing on a crime. People who are on their 13th DUI the only time we’re going to see it is if they’ve been arrested and that first hearing and what kind of bail should there be and then the rest but as and as this case progresses, like jail, it’s all up to the district court. We don’t care about that. »

Beal said criminal cases tend to get attention, but that’s only a small fraction of what happens in court every day.

“We’ve talked a lot today about violent crime, criminal crime, things like that, but that’s about half a percent of what we do on a daily basis,” he said. “The remaining 49.5% are misdemeanors. 50% is civilian stuff. No one thinks of us in terms of civilians (cases) but half of our work is about people being prosecuted. People getting kicked out, all those little things and just being able to provide a fair and reasonable experience for people to come and settle their differences, and that makes me happy.

Beal is opposed in the primary by Bill Burt and Daniel Kaneff, both of whom have extensive military and police experience.

WATCH: What are the main laws passed in the year you were born?

The data in this list was acquired from reliable online sources and media. Read on to find out which major law was passed the year you were born and find out its name, vote count (if any), and its impact and significance.

25 real crime scenes: what do they look like today?

Below, find out where 25 of history’s most infamous crimes took place – and what these places are used for today. (If they remained standing.)

Popular Downtown Missoula Bars For Sale

See photos of iconic Missoula bars The Badlander, Locals Only, The Golden Rose and Three in the Side. The businesses went up for sale with an asking price of $3,200,000.

Resilient Butte program sees potential for green energy in mining town

May 11, 2022

Montana Economy

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BUTTE – The National Center for Appropriate Technology (NCAT) is partnering with Montana Tech and Butte-Silver Bow County to bring renewable energy ideas and solutions to the impacts of climate change.

“We’re going to work with experts across the country who know climate trends and climate projections to say what issues Butte is facing? So we can be tough on Butte going forward,” said NCAT Director Steve Thompson.

The Resilient Butte program creates a plan to stimulate local business development, develop green energy, and protect the community and its natural resources from the impacts of climate change. This includes health and environmental issues such as drought, forest fires and rising temperatures.

“A lot more wildfire smoke, most summers we get more wildfire smoke. It’s a health concern for particularly vulnerable people,” Thompson said.

The plan also involves investing in new clean energy sources such as solar, energy storage systems or green hydrogen industries.

“One of the opportunities we have in Butte is to put solar panels on the mining lands and that would be really cool, and it’s such an interesting and specific project for Butte,” said Resilient Butte coordinator Rylie Yaeger. .

Some city officials see it as preparing Butte for a new economy.

“How do we adapt as a community to future energy, power, water needs, whatever it is, we have to come up with a plan for that,” Butte general manager JP Gallagher said.

The group is soliciting community feedback with a poll on the Resilient Butte website.

The Downside of Solar Farms on the South Coast

May 10, 2022

Montana Loans

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To twist Joni Mitchell’s hit song “Big Yellow Taxi” I’ll say “They paved heaven and set up a solar farm” because people are paying close attention to whether some of the solar farms are creating problems that harm the environment.

In Wareham, townspeople are worried about the felling of all the trees to accommodate nearly 20 solar farms on 300 acres of land and at least nine more, totaling another 500 acres planned. Even those who value clean energy worry that cutting down forests and altering natural habitats to make room for solar panels is going too far, according to a piece in the boston globe magazine by Emma Foehringer Merchant.

At the Acushnet town hall this week, the same reservations surfaced when residents voted to impose a 180-day moratorium on the issuance of any new solar farm permits until officials could review the current regulations.

“There are 20 permits right now, but the neighbors have a lot of questions about any possibility of hazardous materials in 20 to 25 years, and to be honest, I don’t think we need all these solar farms,” said said Town. Meeting with Elector Norman Fredette.

“Solar electricity is no cheaper than natural gas or oil to power factories and manufacturing,” the licensed contractor said.

The Massachusetts Department of Energy Resources estimates that about 2,500 acres of trees have been felled to install solar panels over the past 10 years.

“I’m old school on this. If solar power was so important, there would be a lot more people jumping on the bandwagon,” Fredette said. “Furthermore, the felling of trees and forests negatively affects our environment and our local vegetation and wildlife, and have you seen the interference with rainfall and drainage they cause?”

It is not a question of being for or against the production of solar energy. It’s about doing the right thing. I don’t think it’s “old school” to take a break as a community, like Wareham and Acushnet, and look very closely at all the issues here.

I also don’t think it’s old school to find out if solar farms harm the environment, so it’s not worth it, in many cases, but not all.

WATCH: States with the most new small businesses per capita

North Shore Roast Beef Places Worth Visiting

Côte-Nord roast beef is a special sandwich in its own right. From thinly sliced ​​rare beef to a toasted bun, it might sound easily repeatable, but not very much a roast beef sandwich is a North Shore roast beef sandwich. The best way to order one is a “three course” with James River barbecue sauce, American cheese and mayonnaise. Here are some of the spots that our listeners think do it best.

First Interstate BancSystem (FIBK) – Weekly Investment Analyst Rating Changes

May 9, 2022

Montana Loans

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First interstate banking system (NASDAQ: FIBK) recently received a number of price target changes and ratings updates:

  • 03/05/2022 – First Interstate BancSystem has been updated by analysts at StockNews.com from a “sell” rating to a “hold” rating.
  • 05/03/2022 – First Interstate BancSystem has been upgraded by Janney Montgomery Scott analysts from a “neutral” rating to a “buy” rating. They now have a price target of $42.00 on the stock.
  • 02/05/2022 – First Interstate BancSystem has been upgraded by analysts at Keefe, Bruyette & Woods from a “market performance” rating to an “outperformance” rating. They now have a price target of $45.00 on the stock.
  • 04/25/2022 – First Interstate BancSystem Downgraded by Analysts at StockNews.com from a “hold” rating to a “sell” rating.
  • 08/04/2022 – First Interstate BancSystem has been updated by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a price target of $39.00 on the stock. According to Zacks, “First Interstate BancSystem, Inc. is a financial and banking holding company. Through its wholly owned subsidiary, First Interstate Bank, it offers a range of banking products and services to individuals, businesses, municipalities and other entities in all of its markets. The Company’s banking products and services include demand, term, checking and savings deposits. The Company’s loan portfolio consists of a mix of real estate, consumer, commercial, agricultural and other loans, including fixed and variable rate loans. Its real estate loans include commercial real estate, construction, residential, agricultural and other loans. It also provides a range of trust, employee benefits, investment management, insurance, agency and custodial services to individuals, businesses and non-profit organizations. First Interstate BancSystem, Inc. is headquartered in Billings, Montana. “
  • 07/04/2022 – First Interstate BancSystem has been updated by analysts at StockNews.com from a “sell” rating to a “hold” rating.
  • 03/30/2022 – First Interstate BancSystem downgraded by analysts at StockNews.com from a “hold” rating to a “sell” rating.
  • 03/22/2022 – First Interstate BancSystem has been updated by analysts at StockNews.com from a “sell” rating to a “hold” rating.

Shares of NASDAQ: FIBK opened at $34.73 on Monday. First Interstate BancSystem, Inc. has a 1-year low of $32.40 and a 1-year high of $47.87. The stock has a market capitalization of $2.16 billion, a price-earnings ratio of 18.09 and a beta of 1.04. The company has a quick ratio of 0.66, a current ratio of 0.67 and a debt ratio of 0.10. The company’s 50-day simple moving average is $36.52.

First interstate banking system (NASDAQ: FIBKGet a rating) last announced its results on Thursday, April 28. The financial services provider reported ($0.36) earnings per share (EPS) for the quarter, missing analyst consensus estimates of ($0.31) by ($0.05). First Interstate BancSystem posted a net margin of 29.28% and a return on equity of 8.40%. During the same period a year earlier, the company posted EPS of $0.83. As a group, analysts expect First Interstate BancSystem, Inc. to post earnings per share of 2.61 for the current year.

The company also recently announced a quarterly dividend, which will be paid on Friday, May 20. Investors of record on Monday, May 9 will receive a dividend of $0.41. This represents an annualized dividend of $1.64 and a yield of 4.72%. The ex-dividend date is Friday, May 6. First Interstate BancSystem’s dividend payout ratio is currently 85.42%.

Separately, insider Philip G. Gaglia sold 1,921 shares in a trade on Wednesday, February 23. The stock was sold at an average price of $38.94, for a total value of $74,803.74. The transaction was disclosed in a filing with the Securities & Exchange Commission, accessible via this link. Also, insider Philip G. Gaglia sold 1,863 shares in a trade on Thursday, March 10. The shares were sold at an average price of $38.70, for a total value of $72,098.10. Disclosure of this sale can be found here. In the past three months, insiders have sold 21,634 shares of the company valued at $841,767. 6.40% of the shares are held by company insiders.

Institutional investors and hedge funds have recently changed their stakes in the company. Envestnet Asset Management Inc. increased its stake in shares of First Interstate BancSystem by 11.1% in the 4th quarter. Envestnet Asset Management Inc. now owns 83,533 shares of the financial services provider worth $3,397,000 after acquiring an additional 8,374 shares in the last quarter. Massachusetts Financial Services Co. MA acquired a new stake in shares of First Interstate BancSystem in Q3 valued at $46,266,000. Trexquant Investment LP acquired a new stake in shares of First Interstate BancSystem in Q3 valued at $276,000. Heartland Advisors Inc. increased its stake in shares of First Interstate BancSystem by 83.7% in the 4th quarter. Heartland Advisors Inc. now owns 292,187 shares of the financial services provider worth $11,883,000 after acquiring an additional 133,089 shares in the last quarter. Finally, Credit Suisse AG increased its position in shares of First Interstate BancSystem by 12.1% during the third quarter. Credit Suisse AG now owns 37,879 shares of the financial services provider worth $1,526,000 after buying an additional 4,096 shares in the last quarter. 69.42% of the shares are held by institutional investors and hedge funds.

First Interstate BancSystem, Inc operates as a bank holding company for First Interstate Bank which provides a range of banking products and services in the United States. It offers various traditional deposit products, including checks, savings deposits and term deposits; and repurchase agreements primarily for commercial and municipal depositors.

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Many More NJ Cities Should Switch to the Legal Weed Market

May 8, 2022

Montana Lending

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When the deadline arrived in August 2021, about 70% of New Jersey municipalities had passed ordinances stating that no business related to the state’s legal recreational market could operate within their boundaries.

But the number of cities opting out has dwindled since last summer as municipalities learned more about New Jersey’s cannabis rules. And experts expect dozens, if not hundreds more cities to green light marijuana operations over the next two years.

“I think a lot of cities will start signing up because they’ll see it’s a compliant business, there really isn’t a lot of drama…and they’ll also see the opportunities economic,” said Rob Mejia, lead instructor for University of Stockton Minor in Cannabis Studies.

The market doesn’t just translate into tax revenue for the city, Mejia said — there are great opportunities for building a dispensary, for example, as well as jobs.

“Cannabis is currently the fastest growing industry in the country, and every time you move from a medical market to an adult market, your cannabis job market grows up to 10 times what he was,” he said.

On April 21, the day the New Jersey market opened, 12 dispensaries took in a total of about $1.9 million.

Cities that have opted out are free to participate at any time, by modifying an existing ordinance or adopting a new one. Municipalities that chose to allow cannabis operations in town, however, would have to wait 5 years before abandoning the industry. Cities are not allowed to refuse delivery.

“Several municipalities that have opted out of their options are currently evaluating these regulations and market development to determine their best next steps,” said Michael Cerra, executive director of the New Jersey State League of Municipalities.

Dover, Maplewood and South Orange are just a few cities that had passed temporary bans against the legal sale of cannabis, but have since decided to go into the market.

“A lot of towns pulled out just to find out what was going on,” said Morristown Fox Rothschild partner Fruqan Mouzon. “Because it’s brand new, a lot of people were hesitant.”

Mouzon noted that unsubscribes aren’t just an inconvenience to potential consumers; they also prevent potential business owners from obtaining a “microlicense”, specifically designed for small family operations majority-owned by a local resident.

Dino Flammia is a reporter for New Jersey 101.5. You can reach him at [email protected]

Click here to contact an editor about a comment or correction for this story.

WATCH: States with the most new small businesses per capita

NJ Beach Tag Guide for Summer 2022

We are coming another summer to the Jersey Shore! Before you lose yourself in the excitement of sunny days on the sand, we calculate how much seasonal/weekly/daily beach beacons will cost you, and pre-season deals you can still take advantage of!

A medical mystery has arrived in North Dakota

May 6, 2022

Montana Loans

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It’s a mystery in North Dakota that even the Associated Press has picked up on.

So here are some questions for you, how does an individual get hepatitis? What exactly is hepatitis? I just want to make sure to quote the health experts – according to line-sante.com “Hepatitis is an inflammation of the liver. Alcohol use, several health conditions, and certain medications can all cause this disease. However, viral infections are the most common cause of hepatitis” Now I know that part , because I worked in a restaurant years ago, THE most common rule for employees was to ALWAYS wash their hands. So there are many ways to catch hepatitis.

So why is this case in Grand Forks, North Dakota involving a young child with hepatitis so mysterious?

They call it “hepatitis of unknown origin” – simply put, all the usual causes of hepatitis have been ruled out, so of course the mystery falls on how this child (recovering at home) got it. has contacted. usnews reported “The Centers for Disease Control and Prevention has investigated cases of sudden liver disease in children that has led health authorities around the world to search for clues. The disease is called hepatitis of unknown origin”

My final question is, are there any symptoms someone might experience that relate to hepatitis?

I’m guessing there’s a stomach problem or nausea? Maybe some aches? “Symptoms may include cold symptoms, fever, sore throat, pneumonia, diarrhea, or pink eye,” usnews.com added. Let’s hope the mystery doesn’t spread to other cases.


WATCH: States with the most new small businesses per capita

Trade School or College – Which is Better for NJ?

May 6, 2022

Montana Lending

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If you’ve been to high school in New Jersey in the last 30 years, you’ve probably faced the same pressure as kids today regarding what to do.

High schools are geared towards producing middle schoolers, plain and simple. There’s a cultural stigma that seems to be placed on kids who don’t want to go to college.

Tim Gouw on Unsplash

Tim Gouw on Unsplash

We even have massive government programs to deal with the “crisis” of not being able to afford college. We now have politicians spending taxpayers’ money to pay illegal immigrants to attend college for free. And a White House focused on paying off a certain amount of student debt. This is wrong and wrong policy.

We need to change direction and recognize that young people need options and opportunities.

PTTI EDU through Unsplash

PTTI EDU through Unsplash

Why should every child go to college? Why should taxpayers subsidize elite academics who charge families hundreds of thousands of dollars for an education that may have no positive impact on their future careers? Billions of dollars to these institutions and billions of debt to working families.

We heard stories throughout the morning of kids graduating from high school, going to trade school, joining a union, and hitting six figures in their twenties.

Maybe it’s time to stop measuring high school success by the percentage of kids who go on to college. What about the percentage of kids who buy a house within five years of graduating? Or just a note from those employed after high school? Certainly, a more accurate representation of success in the real world.

It’s time for taxpayers to stop subsidizing “Big College” and start investing our resources to help our local economy grow and lift people to the next level of success. It starts with changing the way we evaluate our secondary schools.

Let’s completely change the conversation and give kids better choices.

The above post reflects the thoughts and observations of Bill Spadea, host of New Jersey talk show 101.5. All opinions expressed are those of Bill. Bill Spadea is on the air weekdays from 6-10 a.m., speaking from Jersey, taking your calls at 1-800-283-1015.

WATCH: States with the most new small businesses per capita

Voting for the New Jersey Hall of Fame Class of 2022

These are the nominees for the New Jersey Hall of Fame Class of 2022. They come from all walks of life, spanning generations dating back to colonial times. The nominees span Arts and Humanities, Business, Performing Arts and Entertainment, Public Service and Sports.

Broadband Champions Needed to Combat Barriers and Boost Public Funding, Panelists Say: Broadband Breakfast

May 6, 2022

Montana Economy

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HOUSTON, May 4, 2022 – Those considering using public funding opportunities should communicate with all levels of stakeholders and worthwhile partnerships to get the most out of the Infrastructure Investment Act funding and the ‘job.

Funding plans live or die by stakeholder involvement, said Tom CoverickCEO of Keybanc Capital Markets.

“Every project needs a champion,” he said during the Broadband Breakfast’s Digital Infrastructure Investment mini-conference at the Broadband Communities Summit on Monday. “We are looking at higher interest rates and [rising] labor costs. Without local champions, these local projects would have a hard time moving forward.

“The reality is that these champions in local regions will know everyone who needs to be involved, and if they don’t know, they’ll find out how it is pretty quickly,” Coverick said.

“Some communities are ahead of others,” said Illinois Broadband Office Manager matt schmit mentioned. “There are a lot of great role models across the country who have [created] community engagement and outreach programs.

Schmit used Illinois’ “Accelerate Illinois” partnership between the state and Heartland Forward. He explained how this program has helped guide communities who are committed to obtaining public funding for broadband, but who may not have concrete goals or a vision of how to achieve them.

“[These communities] haven’t had this inclusive conversation at the community level, or they may not know exactly how to prepare a grant application, or [how to] find the ideal private supplier partner.

Schmit also emphasized the importance of communication and emphasized a three-legged stool for access, adoption and use. “Be available [to community leaders – to that local champion –] is really important,” Schmit said. “It’s going to make or break a lot of our investment in the United States.”

CEO of the California Emerging Technology Fund Sunne Wright McPeak said communication should be encouraged from all stakeholders, from top to bottom. She spoke in particular of state leaders informing local community leaders of the opportunities available to them through grants.

Part of this coordination helped generate intermediary investments to connect eligible communities, she said.

“It is essential to systematically contact the public bodies that must approve the projects and give the permits, and those who will develop the project and apply for the financing[essential”saidMcPeak[iscritical”McPeaksaid[estessentiel”adéclaréMcPeak[iscritical”McPeaksaid

“People who are really on the ground in adoption are what we call trusted messengers,” she added. “It’s the community organizations that can do outreach – in language and culture – and increase that turnout.”

“Where there is a will, there is a way”, said the CEO of UTOPIA Fiber Roger Timmerman. “If you have elected officials or community groups or leaders and you want to solve the broadband problem in your area, you need to organize that effort and find good partners.”

Information on the presentations made during the “Public Funding” panel is available on the Digital Infrastructure Investment page.