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Simi Valley man on probation arrested for shooting out window of empty Thousand Oaks business

Kraig Pakulski 0 20 Article rating: No rating

VENTURA COUNTY, Calif. (KEYT) – A 25-year-old Simi Valley man was arrested Wednesday after allegedly shooting out the window of a Thousand Oaks business on West Hillcrest Drive.

On April 8, around 5:31 a.m., deputies were dispatched to a report of vandalism at a business in the 2400 block of West Hillcrest Drive and arrived to find the front window had been shattered by a gunshot stated a press release from the Ventura County Sheriff's Office Thursday.

Detectives initiated an investigation and learned that a man, later identified as a 25-year-old from Simi Valley, was outside the business the night prior, around 11 p.m., when the single gunshot was fired through the window while the business was closed and empty detailed the Ventura County Sheriff's Office.

Detectives discovered that the 25-year-old is a convicted felon and on probation with search terms prohibiting him from possessing firearms and ammunition noted the Ventura County Sheriff's Office.

According to the Ventura County Sheriff's Office, the 25-year-old was spotted in Thousand Oaks and taken into custody without incident.

A probation-authorized search of his motel room resulted in the discovery of a loaded handgun that was later confirmed to have matched the spent casing recovered at the scene of the vandalism shared the Ventura County Sheriff's Office.

Later, the handgun was found to have been reported stolen out of Sioux Falls, South Dakota added the county law enforcement agency.

The 25-year-old was booked for multiple charges including:

  • PC 246.3-Negligent Discharge of a Firearm
  • PC 247-Discharging a Firearm at an Uninhabited Building
  • PC 29800-Felon in Possession of a Firearm
  • PC 30305-Felon in Possession of Ammunition
  • PC 25400-Carrying a Concealed Firearm

The post Simi Valley man on probation arrested for shooting out window of empty Thousand Oaks business appeared first on News Channel 3-12.

Wage gains have outpaced inflation for nearly three years. The war could quickly change that

Kraig Pakulski 0 24 Article rating: No rating
Sharply rising gas prices are projected to drive inflation in March to the highest level in nearly two years.

By Alicia Wallace, CNN

(CNN) — When contending with years of budget-breaking inflation, there was at least one saving grace: For the past 34 months, the average wage was growing faster than prices were.

That’s expected to change – in short order.

When the Consumer Price Index for March is released on Friday morning, it’s expected to show that US inflation bolted higher – a direct result of the Middle East war’s energy shock.

Economists are estimating that prices leapt 0.9% from February, more than triple the pace seen in January. Such an increase would drive the annual rate of inflation to 3.4% from 2.4%.

In one fell swoop, inflation could be back at a level not seen in nearly two years and Americans’ pay gains would be practically eaten away.

Last month, average hourly wage growth slowed to 3.5%, Bureau of Labor Statistics data showed.

“We’ll definitely see elevated prices eating away at people’s paychecks,” Elise Gould, a senior economist at the Economic Policy Institute, told CNN.

An abrupt increase with lasting impacts

The ceasefire reached earlier this week stemmed some fears that the conflict could drastically deepen or even come to a resolution sooner than later. However, uncertainty continues to linger as do the potential inflationary effects.

Even before the war, inflation was running higher than normal, kept elevated by tariff-related price hikes on goods as well as still-strong consumer demand, to a lesser extent, on services.

“Inflation pressures were already building before the war and are now intensifying,” Dean Baker, senior economist at the Center for Economic and Policy Research, wrote Wednesday.

Prices are expected to rise even faster in the coming months as the war’s aftershocks ripple beyond gas prices and permeate through a host of commonly purchased goods as well as some services.

Sharply rising gas and energy prices are expected to be the biggest contributor to March’s expected jump in inflation, Samuel Tombs, chief US economist at Pantheon Macroeconomics, told CNN.

Pantheon is expecting a 23% rise in gas prices, which would be the highest monthly increase on record for the index.

“There’s been bigger energy price shocks in total, but they’ve rippled through over several months,” he said. “This just came through in one month.”

If Pantheon’s math bears out, the increase in gas prices would account for more than two-thirds of the firm’s projected 1% monthly increase in the overall CPI.

It’s an abrupt increase on its own but one that comes with some legs.

“The energy price shock will take many months to play out to other parts of the economy,” Tombs said. “Goods prices won’t change immediately, but after three to six months, you tend to see energy price changes filter through to consumers.”

It’s not just oil

Still, some oil-related price hikes could show up immediately. The CPI data on airfares, for exampl

La guerra con Irán encarece la vida de los estadounidenses

Kraig Pakulski 0 19 Article rating: No rating

Por Samantha Delouya y John Towfighi, CNN

La guerra con Irán ha sacudido a Wall Street, elevando el costo de las hipotecas, así como de los préstamos para automóviles y las tarjetas de crédito, lo que encarece la vida cotidiana de los estadounidenses.

Las tasas hipotecarias subieron durante cinco semanas consecutivas después de que comenzó la guerra, aunque bajaron ligeramente esta semana a 6,37 % para la hipoteca fija a 30 años en promedio, según Freddie Mac.

Hace apenas unas semanas, pedir prestado era mucho más barato. A finales de febrero, apenas dos días antes de que Estados Unidos e Israel iniciaran ataques conjuntos contra Irán, la tasa promedio de la hipoteca fija a 30 años cayó a 5,98 %, situándose por debajo del 6 % por primera vez en más de tres años.

Las tasas hipotecarias suelen seguir el rendimiento de los bonos del Tesoro de Estados Unidos a 10 años, que ha aumentado en el último mes a medida que los inversionistas enfrentan el alza en los precios del petróleo, las preocupaciones sobre la inflación y la posibilidad de un mayor gasto gubernamental para financiar la guerra. Los rendimientos suben cuando los precios de los bonos bajan.

El rendimiento del bono del Tesoro a 10 años pasó de estar por debajo del 4 % a finales de febrero a alcanzar hasta 4,48 % en marzo, antes de situarse alrededor de 4,3 % esta semana. Este rendimiento es una de las tasas de interés más relevantes para la economía, ya que influye fuertemente en las tasas hipotecarias y en una amplia gama de costos de financiamiento para los estadounidenses, así como para las empresas y el Gobierno.

“Los inversionistas ahora están asimilando la posibilidad de una guerra prolongada con Irán y lo que eso significaría para la economía”, dijo Jeffrey Roach, economista jefe de LPL Financial. “Cuanto más se vea afectado el suministro global de petróleo, más probable es que aumenten las presiones inflacionarias”.

A continuación, cómo la guerra está encareciendo el crédito para los estadounidenses:

Incluso con la leve caída de esta semana, un comprador típico que fijó su tasa hace unas semanas ahorraría decenas de miles de dólares a lo largo del préstamo en comparación con alguien que contrate una hipoteca hoy.

Por ejemplo, en una vivienda de US$ 500.000, con un pago inicial del 20 %, un comprador que aseguró una hipoteca fija a 30 años en febrero, cuando la tasa promedio era de 5,98%, pagaría unos US$ 28.700 al año en capital e intereses. Con la tasa promedio actual de 6,37 %, el pago anual por ese mismo préstamo sería de US$ 29.931. Aunque la diferencia puede parecer pequeña, se acumula: a lo largo de los 30 años, el comprador actual pagaría más de US$ 36.000 adicionales en comparación con alguien que compró en febrero.

“A los prestatarios no les va a gustar eso”, dijo Larry White, profesor de economía en NYU Stern. “Eso añade una cantidad nada despreciable al pago mensual de la hipoteca”.

Aun así, pese al aumento reciente, las tasas hipotecarias siguen siendo más bajas que hace un año, cuando el promedio a 30 años era de 6,62 %.

El aumento en los rendimientos del Tesoro también puede afectar otras tasas, como las de los préstamos para autos, ya que suelen seguir los rendimientos de bonos a corto plazo.

Los rendimientos de los bonos a dos y cinco años se dispararon en marzo y se mantienen cerca de sus niveles más altos desde agosto.

Las tasas promedio de los préstamos a cinco años apenas han variado durante la guerra, según datos de Bankrate, pero los rendimientos elevados por más tiempo podrían mantenerlas altas tras haber aumentado en años recientes.

“Probablemente estamos viendo una meseta”, dijo Stephen Kates, analista financiero de Bankrate.

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