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GDP Growth Doesn’t Meet Expectations

first_img The Best Markets For Residential Property Investors 2 days ago  Print This Post Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Home / Daily Dose / GDP Growth Doesn’t Meet Expectations Demand Propels Home Prices Upward 2 days ago In Q1 2017, the economy grew by just an estimated 0.7 percent according to the Bureau of Economic Analysis, a slower rate of growth than Q4 2016’s rate of 2.1 percent.This was below the Wall Street estimate for the quarter, but in the opinion of Brett F Ewing and S. Lance Mitchell, Chief Market Strategist and Research Director (respectively) for First Franklin Financial Services, this is an “inflection point” for the economy in the midst of a tight labor market.“One thing that surprised us was the pickup in business investment despite the uncertainty in the future of business policies that the Trump administration is targeting,” said Ewing and Mitchell. “That’s a great sign because if the environment improves, which we think it will, more investment will follow. It definitely shows a pent-up demand and willingness to invest, even in the face of a murky future.”The New York Times noted that the drop in spending followed a large increase in Q4 2016, and was an inevitable reversal. Michelle Meyer, Chief United States Economist at Bank of America Merrill Lynch, told Times that healthier business investment indicated that the overall economy was performing better than the headline numbers would suggest.Additionally, the report notes that the current-dollar GDP increased 3.0 percent, or $137.9 billion, in the first quarter to a level of $19,007.3 billion. In the fourth quarter, current-dollar GDP increased 4.2 percent, or $194.1 billion. The price index for gross domestic purchases increased 2.6 percent in the first quarter, compared with an increase of 2.0 percent in the fourth quarter. The PCE price index increased 2.4 percent, compared with an increase of 2.0 percent. Excluding food and energy prices, the PCE price index increased 2.0 percent, compared with an increase of 1.3 percent.The Bureau of Economic Analysis emphasized that the first-quarter advance estimate released on Friday is based on source data that are incomplete or subject to further revision by the source agency. The “second” estimate for the first quarter, based on more complete data, will be released on May 26. Seth Welborn is a contributing writer for DS News. He is a Harding University graduate with a degree in English and a minor in writing, and has studied abroad in Athens, Greece. An East Texas native, he also works part-time as a photographer. Data Provider Black Knight to Acquire Top of Mind 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago The Best Markets For Residential Property Investors 2 days ago GDP Growth Doesn’t Meet Expectations GDP 2017-04-28 Seth Welborn Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Servicers Navigate the Post-Pandemic World 2 days agocenter_img Data Provider Black Knight to Acquire Top of Mind 2 days ago Sign up for DS News Daily Related Articles Previous: Mortgage Cadence Utilizes FirstClose’s Software Platform Next: Renter, Homebuyer Monthly Costs Largely Even The Week Ahead: Nearing the Forbearance Exit 2 days ago Demand Propels Home Prices Upward 2 days ago April 28, 2017 1,103 Views Tagged with: GDP in Daily Dose, Featured, Government, News About Author: Seth Welborn Share Save Subscribelast_img read more

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‘Unprecedented’ named People’s Choice 2020 Word of the Year by Dictionary.com

first_imgtzahiV/iStockBy OLIVIA EUBANKS, ABC News(NEW YORK) — After Dictionary.com named “pandemic” its Word of the Year, users of the online dictionary elected “unprecedented” as the People’s Choice 2020 Word of the Year.“Unprecedented” beat out “pandemic” by a small margin, according to John Kelly, senior research editor at Dictionary.com, and is defined by the site as “without previous instance; never before known or experienced; unexampled or unparalleled.” Other user submissions included “dumpster fire,” “apocalyptic” and “pandemonium.”“What’s particularly fascinating about unprecedented from a language perspective is the life cycle the word has had this year,” Kelly said in a statement. “The pandemic, the protests, the presidential election, extreme climate episodes—2020 sent us searching for a word that could do justice to the scale and pace of all this upheaval. We landed on unprecedented, and this was borne out both in lookups as well as in all the emails, ads, and headlines reminding us we’re living in unprecedented times.”“Unprecedented became a cliché, and now the joke is that unprecedented needs to be sent into retirement,” he added. “And while overuse has sapped some of its power, unprecedented just won’t go away. How better to describe 2020? This shows just how much we humans hunger to find the right word for trying times, how sensitive we are to language use — and how not even a pandemic can put an end to that great, unifying pastime of complaining about our language pet peeves.”Lexico, a collaboration between Dictionary.com and Oxford Languages that’s focused on multi-language content, also unveiled its first-ever Word of the Year. The choice was “quarantine” and the accompanying Spanish translation “cuarentena.”Defined by Lexico as “a state, period, or place of isolation in which people who may have been exposed to infectious disease are placed,” searches for “quarantine” spiked 15,180% on March 18 compared with the beginning of 2020, coinciding with government lockdown orders. Search volume for the word remained high throughout the year, averaging a 323% increase relative to data available for 2019, according to dictionary.com’s press release.Searches for the Spanish translation “cuarentena” also jumped 1,800% in Lexico’s Spanish dictionary on April 28.“At the beginning of 2020, a technical word like quarantine was remote from most of us,” Kelly said in the statement. “For many, it evoked scary images of people in hazmat suits and viral disease disaster films like ‘Contagion.’ But the pandemic quickly made quarantine a core part of our everyday life and language.”Copyright © 2020, ABC Audio. All rights reserved.last_img read more

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Now, River Plate refuse to play Libertadores in Madrid

first_img“It is incomprehensible that the superclasico cannot take place as normal in the same country where a G20 summit is currently taking place,” the club added.World leaders including US President Donald Trump and Russian leader Vladimir Putin are attending the G20 summit in the Argentine capital this weekend. Buenos Aires, Argentina | AFP |  River Plate said Saturday they have refused to play the Copa Libertadores final against Boca Juniors in Madrid.The match between the Argentine arch-rivals has been moved to Real Madrid’s Santiago Bernabeu stadium after it was twice postponed last weekend after River Plate fans attacked the Boca Juniors team bus.The match is due to be played in the Spanish capital on December 9, but River Plate said they “confirmed their rejection of the change of location”.In a statement on the club’s website, River said it was “incomprehensible” that the match had been moved to Spain. Share on: WhatsApplast_img read more

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Bishop expresses ‘shame and sorrow’ after death of paedo former priest Greene

first_imgThe Bishop of Raphoe has expressed his ‘sorrow and shame’ at the abuse caused by paedophile former priest Eugene Greene.It was reported yesterday that Greene, who abused dozens of young boys, had died in November and his ashes scattered in the sea.According to a statement issued by Bishop Alan McGuckian SJ, until that contact from the gardaí, the diocese was not aware of his death. He said that the diocese had not known of Greene’s whereabouts since he left prison in 2008.Bishop McGuckian added that Greene was dismissed from the clerical state in November 2004.He said: “The news of the death of Eugene Greene has reopened the hurt of those whom he violated, their loving families and communities across the Diocese of Raphoe.“On behalf of the diocese, I wish to express my profound sorrow and shame at the abuse which he perpetrated on innocent children. “Once the diocese was made aware of Greene’s death, we immediately advised Tusla, the child and family agency, of this information. “Bishop expresses ‘shame and sorrow’ after death of paedo former priest Greene was last modified: March 11th, 2019 by StephenShare this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window) Tags:abuseBishop McGuickiandeathdonegalEUGENE GREENElast_img read more

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Sponsor Post: The Coming Revolution in Mobile App Development

first_imgA Web Developer’s New Best Friend is the AI Wai… Editor’s note: We offer our long-term sponsors the opportunity to write posts and tell their story. These posts are clearly marked as written by sponsors, but we also want them to be useful and interesting to our readers. We hope you like the posts and we encourage you to support our sponsors by trying out their products.Thousands of devices, hundreds of service providers, and dozens of app stores mean that developers must place bets on devices, telcos, and service functionalities. This fragmentation creates risk for developers and cripples innovation across the industry in several ways.Complexity: Because they can’t easily develop across devices and telcos, developers today are resigned to the path of least resistance – even when it means leaving money on the table. They opt to program for platforms that give them the most reach and best chance for success, leaving other potentially attractive channels and customers untapped due to a lack of resources.Lack of Bandwidth and Network Investment: Popular, bandwidth-hungry applications – which often run “over the top” using the carrier’s data connection – can overwhelm a network. Service providers, wary of simply providing “dumb pipe” may resist investing in the additional bandwidth needed to support these applications appropriately.Out of Pocket Expense: Most applications, even for the iPhone, fail to achieve large-scale success. Starved for revenue, developers do not want to pay up-front fees for the usage of network functionalities in their applications. As a result, they look for ways to go over the top of a service provider’s network to control costs. For example, rather than use the more refined and costly capabilities of a network’s geo-fencing capability, a mobile ad developer may instead opt for the device-based workaround to reduce expense. This hurts service provider revenue and results in a less capable application.Network Security Fears: Service providers set a high price for accessing network APIs because they have built their business and reputation on reliability and security. This is part of the reason telco APIs are so arcane and that they are only understood by telecom IT managers. As a result, service providers don’t understand what motivates third-party developers, nor do they have the resources and knowledge to properly cultivate and manage a developer ecosystem.Individual App Store Requirements: More than 80 app stores already exist, and the number is rapidly growing. Each imposes its own certification process and requirements. And then of course even if the processes were the same for each one, there is the challenge for developers to manage all of the metadata associated with each version or update across each of the stores.Unrealized Revenue: The barriers created by fragmentation stifle application development by hampering creativity and limit the ability of developers to realize the financial potential of their work. This deprives end users of the best that the Web and telco worlds have to offer. It’s an unsustainable and unstable industry business model, and it must change.There is a CureTelcos have recognized these problems, and are responding with a cohesive and inclusive strategy that will revolutionize the development and distribution of mobile applications. Turning the telco network into the primary application development platform is the key to this plan. As a single, scalable IP network, it is ideal for collaborating, delivering and managing telco, enterprise and third party applications regardless of access mode and device. It also provides the must haves you’d expected from a robust applications platform: bandwidth scaling, QoS and traffic optimizers, automation, billing and payment, and so on.Using telco development tools and APIs eliminates many of the barriers that have kept service providers and developers apart, enabling application innovation to flourish in an open, mutually beneficial business model. Telco networks are ideal for collaborating, delivering and managing telco, enterprise and third-party applications, regardless of access mode and device.By making the telco network their primary application development platform, developers gain immediate relief from oppressive fragmentation, improving their odds of application success. For instance, developers no longer have to program services to access capabilities such as SMS, MMS or presence on multiple devices. Instead, they can write the functionality once and let the telco network manage optimal performance on consumer devices.Telco networks offer developers unique advantages as an application platform. The next generation of applications will be highly personalized and interactive. They will seamlessly blend voice, data, video and multimedia across all devices and networks, including television, broadband Internet and mobile. Powerful new networks provide the means to do this, and developers can still differentiate their applications.Developers can grab developer-friendly API bundles – accessed using SOAP and REST – that expose unique telco and enterprise capabilities. Rather than investing the time to search and locate APIs for a new social gaming application idea and negotiating the terms of their usage, developers can simply grab a social gaming API bundle – including providing SMS, advertising, virtual goods and location services, for example – at a single location.Access to these API bundles is provided in a bold new revenue sharing business model that properly aligns incentives for developers, service providers and third party API providers. Everyone wins.Speeds Up Delivery, Accelerates MonetizationThis aggregation model also alleviates fragmentation by enabling developers to automatically share their applications across multiple service providers. This speeds up the delivery of exciting new services, and accelerates monetization. A dashboard tool even provides personalized, detailed real-time business data on applications and their adoption and use by subscribers across a wide array of major apps stores.This new approach will make it easy for developers to bring their applications to market. They will have a single place to upload their application, manage certification and updates, and distribute across multiple stores. In addition, a wholesale service will give apps store managers the ability to browse and select from a pre-certified inventory of developer applications. This gives developers greater reach and app stores more apps.By transforming the telco network into an application development platform that addresses all of the developer’s business requirements – building, testing, management and distribution – the new paradigm for mobile application development is bringing service providers and developers together in new and mutually beneficial ways.The future is mobile, and telcos have realized that their success and your success are intertwined. If you have stayed out of mobile application development because it looked too convoluted a market to traverse, it is time to take another look.Photo by Gonzalo Baeza Hernández Related Posts Why Tech Companies Need Simpler Terms of Servic… 8 Best WordPress Hosting Solutions on the Marketcenter_img Tags:#Sponsors#web rww sponsor 1 Top Reasons to Go With Managed WordPress Hostinglast_img read more

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Simple Steps to Improve Air Conditioner Performance

first_imgIt’s getting hot out there. Here in the Southeast, we love our air conditioning.  In fact, without air conditioning, far fewer people would live in places like Houston, Hattiesburg, and Sopchoppy. And that’s true for the hot, dry places, too, like Phoenix, El Paso, and Boron.So if we’re going to have air conditioning in our homes, we want it to work.  It should be effective and efficient.  It should keep us cool without creating new problems, such as excessive noise, bad indoor air quality, or comfort that varies from room to room.But sometimes it’s not so effective or efficient.  Let’s say you have an existing home and have noticed a sudden change in your air conditioner’s cooling. Or maybe instead you’ve felt a gradual diminution of its ability to keep you comfortable.  The possible causes of poor performance can be divided into two groups: heat gain and heat removal. Let’s take a look at them separately.Reducing heat gainIf you think your air conditioner should be cooling better, don’t assume the problem is with the equipment. It could be your house. Here are some ways that you may be able to reduce the heat gain. Seal the air leaks.  Leaky houses are harder to cool. If you have an older house that’s never been air-sealed, this may be a big part of your heat gain problem, especially if you have leaks from the attic.  If you haven’t had a blower door test, get one.Add insulation. Check the attic first. That’s where the highest temperatures are.  If your attic insulation is less than would be required for a new home in your area, add more. But don’t insulate the attic until you’ve sealed the air leaks there!Spread out the insulation.  If the insulation in the attic has been disturbed or wasn’t put in uniformly, you can make a significant reduction in the heat gain just by spreading it out uniformly.  Lumpy insulation has a lower average R-value than flat insulation.Keep the sun out.  Direct solar gain can have a big impact on cooling loads.  Shade your windows, especially those that have any east-facing or west-facing exposure.  It’s best to shade them from outdoors but indoor shading helps, too.Get more efficient lights and appliances.  Electric lights and appliances do great things for us but they also result in waste heat being added to the house.  Incandescent lights, for example, convert about 90% of the electricity they use into heat.  If you’ve been hanging onto that thirty-year old fridge, replacing it will save you a bundle on your electricity bills, both for refrigeration and for space cooling.Move appliances to other areas.  If you have a room that already overheats (because of too many west-facing windows, for example), that may not be the best place to put the new deep freezer or IT equipment you just bought. The heat that it throws off could may the room unbearable. In addition to convenience, consider heat gain as well in locating appliances.Check your dryer vent. A clothes dryer vents hot, humid air out of the house.  Or at least it’s supposed to. If it’s not connected well — or at all — get that fixed right away.  It’s making your air conditioner work harder and may be causing moisture and indoor air quality problems, too.Some of these things change over time. Insulation gets compressed and moved around.  Holes get drilled and cut.  Dryer vents fail.  Appliances get brought into the home.  It’s good practice to keep an eye on the condition of your home and address these issues.Improving heat removalOnce you’ve done everything you can — or are willing to— do to reduce your home’s heat gain, it’s time to check the state of your heat removal system (more commonly known as an air conditioner).  I’m assuming here that your air conditioning equipment is actually functioning properly.  If it’s not putting out cold air, call your HVAC service company to schedule a service call.  If it’s not putting out any air, well…you probably wouldn’t have made it this far in the article.  In either of those cases, get the equipment fixed first.  (Blown capacitors are a frequent cause of “no-cool” complaints. That’s definitely not a DIY project.)So, your air conditioning is cooling and moving air. What can you look for to improve it?Replace dirty filters.  This is one of the first things that an HVAC service person is going to check.  Dirty filters reduce air flow, which can reduce the amount of cooling delivered to the home.  In fact, they can reduce air flow enough to freeze your air conditioning coil, possibly damaging the compressor. Just change the filter when it’s dirty.Keep the vents clear. I’ve seen dressers, piles of clothes, and dog beds completely or partially covering supply or return vents in homes. Choking off air flow at the vents increases the pressure in the duct system and reduces air flow. Make sure all supply and return vents in the house can move air easily. And check that the louvers are open in registers. Closing vents in unused rooms probably won’t help anything and could cause problems.Look for duct air flow problems. The air conditioning equipment itself is only one part of getting the house cool.  With central air conditioners, all that cold magic created at the unit has to be distributed to the house.  That’s where the ducts come in.  Most ducts are bad.  Some are really bad.  Some are really, really bad.  Sometimes the air doesn’t get to where it’s going because ducts get disconnected, especially in crawl spaces and attics.  Sometimes the air flow is reduced because the ducts are too restrictive.Disconnected ducts are easy.  Reconnect them.  Restrictive ducts are a bit harder.  If you have flex ducts, though, it’s a bit easier (assuming you have access to the ducts).  Just follow these two rule for flex duct:Flex duct should be used only for straight runs.Flex duct should be pulled tight.I would be surprised if you can’t get more air flow from your flex ducts by fixing them according to those two rules.Seal the duct leaks.Duct leakage wastes a lot of energy.  Even after you’ve reconnected any ducts that may have fallen apart, you’re still likely to be losing a lot of conditioned air and pulling in unconditioned air in a typical duct system. This is something homeowners could do themselves but I recommend getting the ducts sealed by a professional who will also check the static pressure in the duct system. It’s possible that sealing the ducts can increase the pressure in the system beyond the recommended value, and that could cause problems. By sealing the ducts, you could reduce the air flow, which could freeze the air conditioner coil, reducing the air flow further and possibly damage the compressor.Clear the outdoor unit. Another common cause of reduced cooling capacity is restricted air flow at the outdoor unit.  People often want to hide the outdoor unit (which houses the compressor and condensing coil) with bushes or structures or ridiculous covers you can buy online. But those outdoor units need space to pull air in (usually through the sides) and expel the heated air out (usually through the top).  When you restrict that air flow, you lower the ability of the air conditioner to dump its heat load into the outdoor air. Keep it clear!Do you need a new air conditioner?If you don’t have any big problems with the items I listed above but still have trouble cooling your home, it could be that your air conditioner is nearing the end of its life.  They tend to lose capacity and efficiency when they’re dying.  When you’ve gotten to the point where you know you need a new air conditioner, use these five questions to help you find the right HVAC contractor.As you can tell from the list of things above, a lot of factors can influence how well your air conditioner performs.  The air conditioner itself gets a lot of blame that ought to be placed elsewhere, but whatever the case may be in your home, you probably have room for improvement. Allison Bailes of Decatur, Georgia, is a speaker, writer, building science consultant, and the author of the Energy Vanguard Blog. You can follow him on Twitter at @EnergyVanguard. RELATED ARTICLESMy House is Too HotKeeping Cool in a Two-Story HouseSolving Comfort Problems Caused by Attic KneewallsHot-Climate DesignAir Conditioner BasicsWindow-Mounted Air Conditioners Save EnergyUsing Ceiling Fans To Keep Cool Without ACWindow Shades, Blinds, and AwningsKeeping Ducts IndoorsSealing Duct Seamslast_img read more

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Paul Finebaum Thinks Chip Kelly, Kevin Sumlin Will Be USC’s 2 Leading Candidates

first_imgpaul finebaum talks on tv.paul finebaumESPN college football analyst Paul Finebaum usually sticks to covering the SEC, but given the turmoil out in Los Angeles this week, he’s broadening his horizons. Tuesday, he commented on USC’s heading coaching situation. He thinks there are two “leading candidates” for the job.Finebaum said that former Oregon coach Chip Kelly, who is now with the Philadelphia Eagles in the NFL, is one. The other is current Texas A&M head coach Kevin Sumlin. He joined ESPN’s Mike & Mike this morning:On @MikeAndMike, @finebaum just said he believes the two leading candidates for the USC HC job will be Chip Kelly and Kevin Sumlin.— Adam Schefter (@AdamSchefter) October 13, 2015Finebaum expanded on Philadelphia radio station 97.5 Middays later on:On NOW: @finebaum with @975Middays to discuss his claim that Chip is a leading candidate for the USC head coach job.— 975TheFanatic (@975TheFanatic) October 13, 2015Finebaum: Chip Kelly will be high on USC’s list. He may not want the job, but USC is the Pac 10 & has talent, so it may entice him.— 975TheFanatic (@975TheFanatic) October 13, 2015Finebaum on dealing w/ boosters: USC isn’t a job like Alabama. LA is LA. You may have to do lunch w/ Spielberg once in a while but that’s it— 975TheFanatic (@975TheFanatic) October 13, 2015Finebaum: To me it all comes down to what makes Chip Kelly tick. I don’t know what interests him (but USC seems like a fit).— 975TheFanatic (@975TheFanatic) October 13, 2015Finebaum: Chip is the Jon Gruden of five years ago; he is the most coveted coach by colleges.— 975TheFanatic (@975TheFanatic) October 13, 2015Regarding Kelly, we’re obviously a few steps from it even being a possibility. Kelly would have to either coach his way out of his job with the Eagles or make the decision that he wants to return to the college ranks. As for Sumlin, given the momentum the Aggies have right now, it’s hard to see him jumping ship for a job that’s been very unstable recently.That being said, USC is still one of the most desirable jobs in college football. It’ll be interesting to see if Finebaum winds up being right.last_img read more

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Expressing love for Tagore via poems

first_imgIt has been a long time since a new genre of cultural performance ‘recitation of poems’ – more popularly known as ‘Elocution’ – evolved in the domain of Bengali culture. Though the art is much practiced and familiar in Bengal, it lacks popularity in other parts of the country.An unparalleled elocutionist since late 1960s, Pradip Ghosh has been working towards popularising this art. He is well-known for his unique and inimitable style of recitation. Also Read – An income drop can harm brainInspired by his father Chinmoyjiban Ghosh, Pradip started reciting poems even before he learned to read or write. His father would carry him fondly on his shoulders, and the little boy would go on happily with long poems on his lips. The famous elocutionist of Eastern India, delves deep into the soul of the poems, while he recites them. Also, he believes that it is not the technique that matters, but the message that he wishes to convey through the presentation. Also Read – Shallu Jindal honoured with Mahatma AwardGhosh has travelled extensively in the West presenting Rabindranath before the foreign audience. Tagore is Ghosh’s first love from his early childhood, and therefore he tried to introduce a new style in reciting the poems of Tagore particularly those whom the poet had written for children. To give the art and artist more recognition, Bhavna Records and Cassettes have recently published two audio CDs of Tagore poems by Pradip Ghosh. The CDs named ‘Shishu Kishor’ and ‘Swadesh’ will be formally launched by the Governor of West Bengal Keshri Nath Tripathi in the presence of renowned elocutionists Partha and Gouri Ghosh, Urmimala and Jagannath Basu and Bratati Bandopadhyay on April 4, at 5 pm, at the Kolkata Press Club.last_img read more

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