Cape Coral approved large impact fee increases for new homes to fund future utility projects despite objection of the local builder’s association that wanted more time to review the increases. “Of course impact fee increases affect our membership by directly increasing the cost of new construction to the consumer,” wrote Cape Coral Construction Industry Association […]
Tag: Steep
How Chinese retailers can offer Americans steep bargains on clothes and why that could change
WASHINGTON (AP) — As a substitute teacher in her mid-20s, Lindsey Puls was delighted to discover the fashion world of Shein more than 10 years ago, lured in by its super-low prices — with tops selling for a few dollars, dresses under $10, and free shipping on orders over $29. Puls, who has a blog […]
Glencore Posts Steep Profit Fall as Energy Crisis Fades
(Bloomberg) — Glencore Plc reported a steep drop in annual profit and lowered its dividend, after markets retreated from the price spikes and wild swings that drove blockbuster earnings in the aftermath of Russia’s invasion of Ukraine. Most Read from Bloomberg Glencore reported core earnings of $17.1 billion, half the record number it posted a […]
The stock market is in a ‘cluster of woe’ that risks seeing steep, abrupt losses, investor who called the 2008 crash says
pidjoe/Getty Images Stock market conditions are among the worst in history, markets guru John Hussman said. The market risks seeing sudden steep declines similar to other periods of weakness like 1987 and 2000. A stock market drop as steep as 65% wouldn’t be surprising, Hussman said. Conditions in the stock market are among the worst […]
Senate Democrats face steep odds in trying to hold majority in November
The odds are stacked against Senate Democrats this fall, as they try to hang onto their razor-thin majority in November. Not only will they have to defend 22 incumbent seats, many in Republican-leaning states, but they will also have to offset the loss of West Virginia Senator Joe Manchin, who announced his retirement from the […]
Koch-aligned group tells donors Haley faces steep climb
A top conservative group backing Nikki Haley in the Republican presidential primary reiterated its support for her in a closed-door briefing for major donors Saturday, while acknowledging it will be difficult to stop Donald Trump from clinching the nomination. At a retreat in California, two top advisers with Americans for Prosperity’s political spending group, AFP […]
Oil prices gain amid steep drop in inventories as gasoline stockpiles rise
Oil futures rallied amid the largest crude inventory drop since July, which was offset by an increase in gasoline stockpiles. West Texas Intermediate (CL=F) gained almost 1% to settle at $75.09 a barrel. Brent (BZ=F), the international benchmark price, rose fractionally to close at $80.04 per barrel. Crude inventories decreased by 9.23 million barrels last […]
Frostbitten hiker stranded on steep canyon in Colorado, officials say. See the rescue
Drone video shows how a hiker was rescued from a rocky ledge in a steep Colorado canyon while temperatures hovered just over 0 degrees, rescuers say. Rescuers set out to help the hiker in North Cheyenne Canyon just before 7 a.m. Saturday, Jan. 13, Colorado Springs Fire Department said on Facebook. The hiker was stranded […]
Oil Falls After Steep Saudi Price Cuts
Oil fell Monday after Saudi Arabia slashed its crude prices for all regions, a sign the kingdom sees lower global demand. Most actively traded futures contracts for Brent crude oil, the international pricing benchmark, fell 2.5% to under $77 per barrel, while West Texas Intermediate slid almost 3% to below $72. Shares in large European-listed […]