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2025-01-24
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50jiliph.com “Relentless demand, inadequate supply, surging rents, and growing concerns around affordability make this the most challenging rental environment in Peterborough’s history.” That is just one finding of a housing report released in early December by the United Way Peterborough & District that explores the challenges with securing a place to call home in Peterborough and area. Year-over-year Peterborough’s rental market continues to be tighter and more expensive, notes author Paul Armstrong in the 19th edition of the “Housing is Fundamental” report. The report provides an analysis of Peterborough’s worsening rental market and “underscores the ongoing challenges posed by housing affordability and accessibility,” stated a press release about the document. “Affordability” is defined as spending no more than 30 per cent of total before-tax income on housing. But with the average market rent in the Peterborough area now $1,325, that means a household has to make $53,000 for a rental unit to be “affordable.” The report states this means there’s little, if any, affordable housing for people who have low incomes. A significant portion of renter households are in “core housing need,” with some spending well in excess of 50 per cent of their household incomes on rent, the report found. “Meagre” additions to the Peterborough CMA rental stock in 2023 mean hundreds of units are still required, with the demand for rental units far exceeding supply. Meanwhile, Trent University and Fleming College place a substantial demand on the city’s rental market, the report notes. New immigrants and foreign students to the area require housing. Housing suitable to transition people out of homelessness is also needed. According to the report, the housing and homelessness crisis has been mainly caused by governments withdrawing from providing public housing, leaving it to the for-profit market to provide housing. “Governments will need to return to direct provision of social housing and render additional support for non-profit housing,” the report states. “We need to build more, much more. We need to make it more affordable. And greater density will likely result. All of this calls upon governments to assert a leading role.” The document also points out that the maximum benefit for people receiving Ontario Works is $733 per month, but the average rent in Peterborough in 2023 for the smallest unit — a bachelor — was $877 per month. A single bedroom unit went for $1,173 while a two-bedroom apartment was $1,411, and a three-bedroom unit cost, on average, $1,640. On a broader scale, the Canada-wide vacancy rate was 1.5 per cent as of October 2023, which was a new low, with Peterborough’s vacancy rate standing at one per cent. Recent renter households (43.2 per cent) were also more likely to live in unaffordable housing than existing renter households (30.5 per cent), with unaffordable housing meaning more than 30 per cent of pre-tax household income is spent on shelter costs. “When inadequate supply of rental units produces a one per cent vacancy rate in Peterborough, something has to change,” Amstrong notes. “When housing costs are now the primary driver of inflation and 20 per cent of Canadian rental stock is owned by large capital enterprises, something’s inequitable. When homelessness grows, but social housing builds don’t materialize, something’s unjust. The housing crisis deepens with little indication of relief.” On the other end of the scale, high ownership prices have prevented renter households from making the move to jp,eownership. And, finally, 2023 saw an unprecedented period of multiple converging crises, which included homelessness, housing precarity, food insecurity, income precarity, mental health challenges, and addictions. “Flawed government policy has resulted in profound crises in an otherwise prosperous country,” Armstrong states. “Clearly, the government’s chosen, market-driven model for housing provision and personal security has failed.” To read the report and learn more about the call to action, visit uwpeterborough.ca/our-research/ .



CU Buffs’ Drelon Miller aims to finish breakout freshman year on high note

Power failed at SpaceX mission control before September spacewalk by NASA nomineeMan City fans BLOCKED from leaving Juventus Stadium over PA as they tried to exit in droves after going 2-0 down

AP Business SummaryBrief at 3:27 p.m. EST

Nissan and Honda to attempt a merger that would create the world's No. 3 automaker TOKYO (AP) — Japanese automakers Nissan and Honda have announced plans to work toward a merger that would catapult them to a top position in an industry in the midst of tectonic shifts as it transitions away from its reliance on fossil fuels. The two companies said they signed an agreement on integrating their businesses on Monday. Smaller Nissan alliance member Mitsubishi Motors agreed to join the talks. News of a possible merger surfaced earlier this month. Japanese automakers face a strong challenge from their Chinese rivals and Tesla as they make inroads into markets at home and abroad. What a merger between Nissan and Honda means for the automakers and the industry BANGKOK (AP) — Japanese automakers Honda and Nissan will attempt to merge and create the world’s third-largest automaker by sales as the industry undergoes dramatic changes in its transition away from fossil fuels. The two companies said they had signed a memorandum of understanding on Monday and that smaller Nissan alliance member Mitsubishi Motors also had agreed to join the talks on integrating their businesses. Honda will initially lead the new management, retaining the principles and brands of each company. Following is a quick look at what a combined Honda and Nissan would mean for the companies, and for the auto industry. Nordstrom to be acquired by Nordstrom family and a Mexican retail group in $6.25 billion deal Century-old department store Nordstrom has agreed to be acquired and taken private by Nordstrom family members and a Mexican retail group in a $6.25 billion deal. Nordstrom shareholders will receive $24.25 in cash for each share of Nordstrom common stock, representing a 42% premium on the company’s stock as of March 18. Nordstrom’s board of directors unanimously approved the the proposed transaction, while Erik and Pete Nordstrom — part of the Nordstrom family taking over the company — recused themselves from voting. Following the close of the transaction, the Nordstrom Family will have a majority ownership stake in the company. An analyst looks ahead to how the US economy might fare under Trump WASHINGTON (AP) — President-elect Donald Trump won a return to the White House in part by promising big changes in economic policy — more tax cuts, huge tariffs on imports, mass deportations of immigrants working in the United States illegally. In some ways, his victory marked a repudiation of President Joe Biden’s economic stewardship and a protest against inflation. It came despite low unemployment and steady growth under the Biden administration. What lies ahead for the economy under Trump? Paul Ashworth of Capital Economics spoke recently to The Associated Press. The interview has been edited for length and clarity. American consumers feeling less confident in December, Conference Board says American consumers are feeling less confident in December, a business research group says. The Conference Board said Monday that its consumer confidence index fell back in December to 104.7 from 112.8 in November. Consumers had been feeling increasingly confident in recent months. The consumer confidence index measures both Americans’ assessment of current economic conditions and their outlook for the next six months. The measure of Americans’ short-term expectations for income, business and the job market tumbled more than a dozen points to 81.1. The Conference Board says a reading under 80 can signal a potential recession in the near future. Stock market today: Wall Street rises at the start of a holiday-shortened week Stocks closed higher on Wall Street at the start of a holiday-shortened week. The S&P 500 rose 0.7% Monday. Several big technology companies helped support the gains, including chip companies Nvidia and Broadcom. The Dow Jones Industrial Average added 0.2%, and the Nasdaq composite rose 1%. Honda's U.S.-listed shares rose sharply after the company said it was in talks about a combination with Nissan in a deal that could also include Mitsubishi Motors. Eli Lilly rose after announcing that regulators approved Zepbound as the first prescription medicine for adults with sleep apnea. Treasury yields rose in the bond market. The internet is rife with fake reviews. Will AI make it worse? Researchers and watchdog groups say the emergence of generative artificial intelligence tools that allow people to efficiently produce detailed and novel online reviews has put merchants, service providers and consumers in uncharted territory. Phony reviews have long plagued many popular consumer websites, such as Amazon and Yelp. But AI-infused text generation tools enable fraudsters to produce reviews faster and in greater volume, according to tech industry experts. The deceptive practice is illegal in the U.S. and becomes a bigger problem for consumers during the holiday shopping season, when many people rely on reviews to buy gifts. A tech company and watchdog group that uses software to detect fake reviews says AI-generated reviews have multiplied. Romanian lawmakers narrowly approve new pro-European coalition during period of political turmoil BUCHAREST, Romania (AP) — Romanian lawmakers have voted narrowly in favor of a new pro-European coalition government led by incumbent Prime Minister Marcel Ciolacu. The move on Monday could usher in an end to a protracted political crisis in the European Union country following the annulment of a presidential election. Parliament approved the new administration in a 240-143 vote in the 466-seat legislature. The new coalition is made up of the leftist Social Democratic Party, the center-right National Liberal Party, the small ethnic Hungarian UDMR party and national minorities. President Klaus Iohannis swore in the new government on Monday night. Government regulators close investigation into Ford Focus recalls Government safety regulators are closing an investigation into two previous recalls of the Ford Focus after determining that Ford Motor Co. has satisfied its concerns. Ford recalled around 1.5 million Ford Focus sedans from the 2012-2018 model years in 2018 because they could lose power. The issue was a malfunctioning canister purge valve and software that didn’t adequately detect when it was stuck open. Ford fixed the software in two separate recalls, but after cars continued to stall, the government opened an inquiry last year. Earlier this fall, Ford offered to replace the canister purge valve on all of the vehicles, satisfying regulators' concerns. AI will eavesdrop on world's wildest places to track and help protect endangered wildlife PUERTO JIMÉNEZ, Costa Rica (AP) — A biologist hid 350 audio monitors across Costa Rica’s tropical rainforests to spy on endangered spider monkeys in order to help protect them. But she had to go back to collect the data and feed those sounds into artificial intelligence systems that can recognize monkey calls. Now tech giant Microsoft's philanthropic arm is hoping to supercharge AI-assisted wildlife research with new solar-powered devices that can capture sounds, images and other wilderness data for a year or more without human intervention. Researchers say more AI wildlife surveillance is urgently needed to monitor the health of species at risk of extinction.Ruhullah leads protest on reservation; PDP, other party leaders participateDez Bryant on Recent Dallas Cowboys Coaching Rumor: 'I Love It'

Our broken system fuels flood crisisFormer Maryland governor and commissioner of the Social Security Administration Martin O’Malley has been called to testify before the House Oversight Committee next month about an agreement he signed to allow some Social Security employees to work remotely through 2029. O’Malley signed the agreement in late November, two days before leaving his Social Security Administration position. James Comer, a Republican representative from Kentucky who serves as the chairman of the Committee on Oversight and Accountability, to O’Malley that his agreement with the American Federation of Government Employees to guarantee a minimum amount of telework for 42,000 Social Security employees through 2029 “will tie the hands of your successor at SSA for the duration of the next administration, and beyond.” O’Malley hasn’t commented publicly on the letter. Comer questioned O’Malley’s motives and how the move would serve the public. Comer’s letter implies the move was politically motivated, saying it was popular with AFGE members and other unions “that form a core constituency of the DNC that you are now running to chair.” O’Malley resigned from the Social Security Administration in November, around when he announced his run for chair of the Democratic National Committee. Comer claimed the administration’s nearly 60,000 employees have spent less than half their time in the office as disability claim processing times have increased since the pandemic. “We believe your testimony will shed light on why so much of the federal workforce is currently at home, and federal agency offices are largely vacant,” he wrote. “We also expect it will educate Members as to how federal collective bargaining law and practice has helped facilitate this situation.” The AFGE represents 800,000 federal and D.C. employees across 900 different local unions, according to its website. “We support telework where it delivers for both the taxpayers and the workers who serve them. Telework and remote work are tools that have helped the federal government increase productivity and efficiency, maintain continuity of operations, and increase disaster preparedness. These policies also assist agencies across the government, including the Social Security Administration, in recruiting and retaining top talent,” said AFGE president Everett Kelley in a Dec. 16. Kelley went on to dispel “rumors of widespread federal telework,” saying only 10% of federal employees are fully remote while hybrid employees spend over 60% of working hours in-office. However, the majority of federal employees, he said, were completely ineligible for remote work due to the nature of their jobs. The election for DNC chair amongst its 447 committee members will take place in early 2025, according to .

Ludhiana: The Punjab govt counsel for Ludhiana district magistrate has sought four weeks from the National Green Tribunal (NGT) to file its reply to a court commissioner’s claims that a joint committee had lied about solid waste being managed well in Ludhiana. NGT had sought a reply from the district magistrate about claims made by the court commissioner appointed by it. It has also sought replies from MC commissioner and PPCB member secretary. The matter pertains to NGT appointing a joint committee to check waste management in Ludhiana, after a local had raised objections to the poor management of waste in Gill village, Model Town Extension Improvement Trust Plot, Giaspura EWS Flats, Main GT road, and many more areas. While the committee had informed NGT that all sites had been cleaned, petitioner had challenged this claim. After this, NGT appointed Bhanwar Pal Jadon as the court commissioner to check the ground situation. After the court commissioner also questioned the joint committee’s report and said it was its duty to produce facts, but it presented the wrong picture and was liable to face action. With this, it also sought the Ludhiana officials’ replies. Kapil Arora, petitioner in the case, said they will submit their reply within a month. We also published the following articles recently NGT-appointed officer exposes Ludh waste mgmt crisis An NGT-appointed court commissioner uncovered shocking discrepancies in a Ludhiana waste management report. On-site inspections revealed drastically worse conditions than officially portrayed, particularly in Giaspura and Hambran Road, with BPL communities living amidst hazardous waste. Claims of remediation efforts were found entirely false, with garbage dumping continuing unabated, even polluting a village pond. Ludhiana deputy commissioner leads drive for surprise checking of government offices in district administrative complex Ludhiana Deputy Commissioner Jitendra Jorwal conducted surprise inspections at government offices, finding 48 employees absent. Accompanied by other officials, Jorwal visited various departments within the district administrative complex, including the DTO office and multiple branches handling employee records. He issued show-cause notices to the absent employees and emphasized the need for punctuality and efficient public service, particularly for senior citizens. Ludhiana deputy commissioner Jitendra Jorwal inspects first level checking of EVMs Ludhiana Deputy Commissioner Jitendra Jorwal oversaw the first-level checking of electronic voting machines at SRS Government Polytechnic College for Girls. He discussed preparations with ECIL engineers, emphasizing the importance of free and fair municipal elections. Around 1,865 ballot units and 1,790 control units are being checked, with the process expected to finish by December 11th. Stay updated with the latest news on Times of India . Don't miss daily games like Crossword , Sudoku , and Mini Crossword .Grocery chain 'largely recovered' after cybersecurity incident

'We're going to have fun': Great Divide Ski Area opens Saturday for season

ASPI SHAREHOLDER ALERT: ASP Isotopes, Inc. Sued for Securities Fraud; Investors Should Contact Block & Leviton To Learn How They Might Recover Their LossesFORMER President Bill Clinton has been rushed to the hospital, it has been confirmed. Clinton, 78, is undergoing medical tests at Georgetown University Medical Centre, his former deputy chief of staff has said. It is understood he has developed a fever, but the situation is "not an emergency". A spokesperson for Clinton wrote on social media: "President Clinton was admitted to Georgetown University Medical Center this afternoon for testing and observation after developing a fever. "He remains in good spirits and deeply appreciates the excellent care he is receiving." Clinton, a Democrat who served two terms as president from January 1993 until January 2001, addressed the Democratic National Convention in Chicago this summer. He campaigned ahead of November's election for the unsuccessful White House bid of Democratic Vice President Kamala Harris. In the years since Clinton left the White House, he's faced some health scares. In 2004, he underwent quadruple bypass surgery after experiencing prolonged chest pains and shortness of breath. Clinton returned to the hospital for surgery for a partially collapsed lung in 2005, and in 2010 he had a pair of stents implanted in a coronary artery. Clinton responded by embracing a largely vegan diet that saw him lose weight and report improved health. In 2021, the former president was hospitalized for six days in California while being treated for an infection that was unrelated to COVID-19, when the pandemic was still near its height. An aide to the former president said then that Clinton had a urological infection that spread to his bloodstream, but was on the mend and never went into septic shock, a potentially life-threatening condition. The aide said Clinton was in an intensive care section of the hospital at that time, but was not receiving ICU care. Earlier this year, Clinton shocked his supporters during his speech with his older appearance and hoarse voice on day three of the Democratic National Convention. Clinton spoke into the microphone with a dominant tone, his voice reverberating throughout the stadium. But despite the power in his voice, there was a hoarse, scratchy quality that for some viewers, was hard to ignore. Some wondered if Clinton was sick — when President Joe Biden had displayed a raspy voice at June's presidential debate against Trump, it turned out he had Covid . "Does Bill Clinton have Covid?" an X user asked. "Why tf does he sound like that?" Another person called it "jarring" to see Clinton, 78, in old age "with his voice weakened." "Bill Clinton does not sound good," a third person wrote. "Hasn't for a while, sounding older than he is, and he's not exactly young these days." The 42nd president addressed the convention to cast his support for Vice President Kamala Harris but his supporters were focused on the sound of his voice rather than his words. More to follow... For the latest news on this story, keep checking back at The U.S. Sun, your go-to destination for the best celebrity news, sports news, real-life stories, jaw-dropping pictures, and must-see videos . Like us on Facebook at TheSunUS and follow us on X at @TheUSSunUsers Can Unlock Exclusive Rewards with SoulBound Tokens in the Latest Web3 Gaming Innovation Singapore, Singapore , Nov. 22, 2024 (GLOBE NEWSWIRE) -- Planetarium Labs has announced the pre-registration kickoff for its Immortal Rising 2 Path of Ascension Play 2 Airdrop campaign during the YGG Play Summit. The announcement was made by JC Kim, CEO and Founder of Planetarium Labs, who also provided a live demo of Immortal Rising 2, captivating attendees with the game's immersive dark fantasy setting and advanced Web3 features. Pre-registration for the P2A campaign is now open, offering participants the opportunity to claim a unique SoulBound Token (SBT) during this phase. This SBT will act as a hidden incentive for players, unlocking a special reward at the end of the campaign. The first season of the P2A campaign begins on November 28, 2024, inviting players to engage in a variety of daily check-in, social and in-game missions. These missions allow users to acquire additional SBTs per mission, each with unique scores that contribute to the users' overall performance. At the end of Season 1, participants can check their final tier based on their SBT collection, unlocking exclusive rewards and benefits. The campaign not only introduces an engaging way for players to interact with Immortal Rising 2 but also provides a new layer of player-driven progression and achievement in Web3 gaming. Since its grand launch, Immortal Rising 2 has garnered significant attention, with over 500,000 players pre-registering ahead of its debut. The game has also achieved over 1 million registrations on Immortal Vault , the official platform where users can complete various social and in-game missions to earn ORB, a mileage point that will later contribute to $IMT allocation. Additionally, the game has surpassed 600,000 downloads and topped the charts for iOS and AOS in South Korea and Vietnam . Built on Immutable's zkEVM, powered by Polygon, the game seamlessly integrates blockchain technology with dynamic RPG mechanics, offering players both traditional gameplay and on-chain utility. "With Immortal Rising 2, we're not only advancing Web3 gaming but also creating opportunities for players to engage with the ecosystem in new and rewarding ways,” said JC Kim, CEO and Founder of Planetarium Labs . "The P2A campaign is an exciting step forward, combining innovative technology with immersive gameplay to deepen player engagement.” To pre-register for the P2A campaign and secure your exclusive SoulBound Token, visit the pre-registration page or join the official website at immortalrising2.com and follow Immortal Rising 2 on X and Discord . About Planetarium Labs Planetarium Labs , which raised $32 million in a Series A funding round led by Animoca Brands, is a community-driven Web3 gaming company that builds immersive and moddable gaming experiences for users around the world. With decades of collective experience in gaming and blockchain technologies, and with industry-leading visionaries and partners, Planetarium Labs is building the protocols and experiences that take Web3 gaming to the next level. Media Contact Robert Penington [email protected]

With Willy Adames officially signed, what’s next for SF Giants?Data Monetization Market: From USD 7.53B in 2023 to USD 16.98B by 2031Nothing's guaranteed, but Bucs need to win out to give themselves best shot to make the playoffs

TAMPA, Fla. (AP) — Tampa Bay's surest path to the NFL playoffs is a division championship. The Buccaneers will need help to repeat in the NFC South , but only if they first and foremost give themselves a chance. That means winning their remaining games at home against Carolina and New Orleans, while the Atlanta Falcons lose at least once in the final two weeks of the regular season. The Bucs (8-7) and Falcons share the best record in the division, however Atlanta holds the tiebreaker after sweeping the season series between the teams. Tampa Bay, which has won three consecutive division titles, is the only NFC team that has made the playoffs each of the past four seasons. “We’ve got to take care of business or else we’ve got no shot,” quarterback Baker Mayfield said after a 26-24 loss at Dallas cost the Bucs control of the NFC South race. “This one, we've got to take it on the chin,” Mayfield added. “It's a short week. It's Christmas week. We've got to focus on Carolina and figure out a way to win.” If Atlanta is able to maintain its lead, Tampa Bay could make the postseason as a wild card if the Bucs win out and the Commanders lose twice. Coach Todd Bowles sounds confident that his players understand the challenge ahead and will clean up mistakes that contributed to the end of their four-game win streak. “We’ve got to win a ballgame (this week). If we don’t win a ballgame, we don’t give ourselves a chance,” Bowles said Monday. “We have to focus on us like we’ve been doing,” the coach added. “We have to correct the mistakes, and we have to go out and win Sunday, and we’ve got to win the next week, and then we’ll see what happens after that.” The offense, which ranks third in the NFL at 389.8 yards per game, isn't a fluke. Despite losing to the Cowboys, Tampa Bay finished with 410 yards total offense. It was the team's fifth straight game — as well as an NFL-high ninth overall — with 400-plus yards. The Bucs are seventh in rushing (143.7 yards per game) after ranking 32nd each of the past two seasons. The defense yielded 292 yards passing against the Cowboys, 226 of it in the first half when Cowboys WR CeeDee Lamb had six catches for 100 yards and a touchdown. Bowles said shoddy tackling was the biggest issue — not poor coverage. Lamb had one reception for 5 yards after halftime. Mayfield's chemistry with rookie WR Jalen McMillan, who has 27 receptions for 336 yards and five TDs, continues to grow. McMillan had five catches for 57 yards and a touchdown — his fourth in the past three games — against Dallas. He was also the intended receiver on Mayfield's deep throw that CB Jourdan Lewis intercepted in the end zone to help the Cowboys hold off the Bucs in the closing minutes. Turnovers were costly against Dallas. The end-zone interception stopped the Bucs from cutting into a 26-17 deficit with 6:22 remaining in the fourth quarter. Rachaad White's fumble with 1:31 left ended any hope for a last-minute victory. On both plays, defenders ripped the ball out of the grasp of the offensive player. “We knew they were going to rake at the ball going into the ballgame," Bowles said. "We just have to have two hands on the ball, and we have to fight for it. We have to take better care of the football. That’s priority No. 1.” Bowles said it's too early to project the status of several starters for coming games, including S Antoine Winfield Jr. (knee), who has missed the past two games. TE Cade Otton (knee) and LB K.J. Britt (ankle) were inactive against the Cowboys, while reserve WR Sterling Shepard left during the game with a hamstring injury. 80. Bucky Irving leads all NFL rookie RBs with 920 yards rushing. He needs 80 over the next two games to reach 1,000. He scored his seventh rushing touchdown against Dallas. That tied Errict Rhett and Lars Tate for the second-most rushing TDs by a rookie running back in franchise history. Doug Martin set the record of 11 in 2012. Host Carolina on Sunday. NFL: https://apnews.com/hub/nfl

Stock market today: Wall Street rises at the start of a holiday-shortened week

NoneOzy Media Founder Carlos Watson Sentenced To Hefty Prison Term For Defrauding Investors

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