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Landlords Say They’re Drowning In Debt

SAN FRANCISCO (AP) — Retiree Pamela Haile has paid property taxes, insurance and other bills on a house she lets out in Oakland, but for more than three years her tenants have paid no rent thanks to one of the longest-lasting eviction bans in the country. The eviction moratorium in the San Francisco Bay Area city expires next month and Haile can’t wait. The 69-year-old estimates she is owed more than $60,000 in back rent, money she doubts she will ever see. Moreover, the tenants have trashed her house and it will cost tens of thousands of dollars to make it habitable, she ...

No Bonanza Yet

WASHINGTON — To President Donald Trump, America’s trade relationship with Mexico was intolerable. He seethed over the U.S. trade deficit and the shuttered factories in America’s heartland. “No longer,’’ he vowed six years ago, “are we going to allow other countries to break the ...

Consumer Confidence Jumps In June

WASHINGTON — The American consumer’s confidence jumped in June to its highest level in 18 months as a strong labor market continues to buoy the U.S. economy. The Conference Board reported Tuesday that its consumer confidence index rose to 109.7 in June from 102.5 in May. That’s the highest the reading has been since January of 2022 and much higher than economists had forecast. The business research group’s present situation index — which measures consumers’ assessment of current business and labor market conditions — rose to 155.3 from 148.9 in May. The board’s ...

Unemployment Applications Drop Across Country

Applications for unemployment benefits fell significantly last week after claims appeared to stabilize at modestly elevated levels in recent weeks. U.S. applications for jobless claims fell by 26,000 to 239,000 for the week ending June 24, the Labor Department reported Thursday. Economists were expecting the elevated claims numbers to continue above 260,000, where they had settled the past three weeks. “We have no specific explanation for this sudden dip, after three straight weeks in a narrow range from 262K to 265K, but observations for individual weeks always have to be viewed ...

Artificial Intelligence Reaches Military Tech

Josh Lospinoso’s first cybersecurity startup was acquired in 2017 by Raytheon/Forcepoint.. His second, Shift5, works with the U.S. military, rail operators and airlines including JetBlue. A 2009 West Point grad and Rhodes Scholar, the 36-year-old former Army captain spent more than a decade ...

Briefly

Mobile Pantry Truck To Be In Ashville ASHVILLE — The Feed More of Western New York Mobile Pantry Truck from Falconer will be at the Ashville United Methodist Church on Tuesday from 10 a.m. to noon and 3 to 5 p.m. The truck brings fresh produce and some staple items. To receive free food, only proof of address from the following ZIP codes is required: Ashville 14710, Bemus Point 14712, Celoron 14720, Lakewood 14750, Niobe 14758, Panama 14767, Stow 14785 and anyone who lives in the town of Busti. Face masks are optional. We have extra masks if you want one. The food is pre-boxed like ...