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Coloradans have a mile-high debt problem. Here’s why.

Published Fri, 27 Dec 2024 11:06:31 GMT

Colorado has one of the most physically fit populations of any state in the U.S., but the same can’t be said regarding fiscal fitness.Colorado households are weighed down with the heaviest debt burdens of any state, even when looking at more expensive places to live like California and Hawaii, according to a study from Forbes Advisor.Nowhere do consumers carry a higher share of debt relative to their incomes than in Colorado, which could prove problematic if years of heavy borrowing across every sector of the economy triggers the next big downturn as Fed watcher Jim Grant is predicting.The Federal Reserve Bank of New York’s Household Debt and Credit Report measures mortgages, car loans, student loans, credit cards and other personal debts. It is essentially an exercise in stepping on the debt scale.Forbes Advisor, a personal finance website, took the debt totals for each state for 2023 and divided those by population estimates from last year to come up with a per capita househ...

These are the top trending 2023 Google searches for Los Angeles

Published Fri, 27 Dec 2024 11:06:31 GMT

Web searches for beef, The Eras Tour and the TV show “The Last of Us” topped Google’s Year in Search recap list for the Los Angeles area.The search engine company compiled data from the L.A. region to show residents what inquiries were the most popular in their area.For the L.A. area, beef was the most searched topic on Google. The report also showed that the L.A. area ranked first in the nation for the web inquiry but didn’t specify if the term referenced the Netflix show or meat. DoorDash reveals top-ordered food for 2023 L.A. was also the only place nationwide that had the soccer match between Argentina and Curacao as a top trending search.Angelenos also searched for tours near the L.A. region frequently this year.Taylor Swift’s The Eras Tour, Drake’s It’s All a Blur Tour, Peso Pluma’s Doble P Tour, Beyonce’s The Renaissance Tour and Luis Miguel’s 2023 Tour were the top five trending “tour” searches for the Los Angeles area.Google inquiries for T.V. shows were also popular in 2...

Man allegedly attacks Millbrae convenience store clerk during robbery attempt while on bail

Published Fri, 27 Dec 2024 11:06:31 GMT

MILLBRAE — A San Bruno man already on bail after allegedly brandishing a gun during a confrontation on a San Mateo road was arrested Wednesday in connection to an alleged robbery and assault of a convenience store cashier, according to authorities.San Mateo County Sheriff’s deputies responded to a reported robbery at 5:14 a.m. Wednesday at the 7-Eleven on the 400 block of El Camino Real in Millbrae. Deputies found a person suffering from facial injuries.The person, a clerk, told officers that they caught a man stealing items from the store and confronted them; the man then began throwing merchandise. The man eventually went behind the counter and began a physical confrontation with the clerk, leading to the assault according to authorities.Related ArticlesCrime and Public Safety | ‘Criticizing a judge is not illegal’: Charges dropped against San Mateo County man accused of threatening jurist Crime and Public Safety | Road-rage incident en...

Mortgage rates hit lowest rate since August

Published Fri, 27 Dec 2024 11:06:31 GMT

Mortgages rates dipped below 7% this week for the first time since August — and they could keep sliding further.After reaching their highest point in the last two decades in late October, mortgage rates have been dropping for the last seven weeks, falling to an average of 6.95% this week for a 30-year-fixed rate mortgage, according to data from Freddie Mac released on Thursday.“It’s great news for buyers and sellers,” said Oscar Wei, chief economist for the California Association of Realtors.There are signs, too, that the rate could keep dropping. At their meeting Wednesday, Federal Reserve officials announced they expect to cut interest rates next year even further than previously indicated.After that announcement, the site Mortgage News Daily — which tracks rates on a daily basis, rather than weekly like Freddie Mac — saw interest rates drop by 20 basis points from the prior day.Wei expects that next week’s Freddie Mac average, which will take into account ...

Attorney: Giuliani made it ‘dangerous’ for Ga. election workers

Published Fri, 27 Dec 2024 11:06:31 GMT

By Devan Cole, Holmes Lybrand and Katelyn Polantz | CNNRudy Giuliani didn’t see two former Georgia election workers Ruby Freeman and Shaye Moss as “human beings” when he spread conspiracy theories about them after the 2020 election, their attorney told a Washington, DC, jury Thursday during closing arguments in the defamation damages trial.“He thought they were ordinary and expendable. He didn’t see them as human beings,” the attorney, Mike Gottlieb, told the eight-person jury.“It’s dangerous for them to be Ruby Freeman or Shaye Moss because of Giuliani and his co-conspirators,” Gottlieb said.Freeman and Moss are seeking $24 million apiece in reputational damages, as well as punitive and emotional damages in the case.Gottlieb also said that there was a time in Giuliani’s life when, as mayor of New York, he understood and appreciated that civil servants were decent people.“He has no right to offer defenseless civil servants over to a digital mob,” Gottlieb said.Giuliani spent nearly ...

MRI machine causes woman’s concealed handgun to fire, shooting her in buttocks

Published Fri, 27 Dec 2024 11:06:31 GMT

MINNEAPOLIS, Minnesota (WCCO) — A newly filed report by the Food and Drug Administration describes an incident in a Wisconsin hospital where a woman was shot in the buttocks after bringing a gun into a room with an MRI machine.According to the FDA, the 57-year-old woman brought the concealed handgun into the room. The gun was attracted to the magnet of the MRI and fired a single round, which hit her in the right buttock.Related ArticlesCrime and Public Safety | Oakland man gets no additional jail time for biting off cousin’s earlobe during drive Crime and Public Safety | Russian man flies from Denmark to California with no ticket or passport Crime and Public Safety | Doritos Nacho Cheese-flavored booze has just become a reality Crime and Public Safety | Californian teen passes state bar exam and is sworn in as an attorney Crime and Public Safety | Bighorn sheep in Colorado was single, ready to min...

Jack Hanson dies at 91; broadcaster worked for many Bay Area TV stations

Published Fri, 27 Dec 2024 11:06:31 GMT

Longtime local television personality Jack Hanson has died following a long illness. He was 91.Hanson, a third generation San Franciscan, started his broadcast career in the KPIX mailroom after graduating from San Francisco State and serving in the U.S. Air Force.Throughout his more than 50-year career, Jack worked at KRON, KPIX, KTVU, KGO-TV and the Cable Health Network.“Jack was a gracious, beautiful, and charming human being. Beyond his accomplished career in television which spanned over five decades, he was a loving husband, father, and grandfather. He will be dearly missed,” his family wrote in a statement.Related ArticlesObituaries | Mike Grgich dies at 100; winemaker helped make Napa Valley world famous Obituaries | Former Disneyland boss Dick Nunis dies at 91 Obituaries | Andre Braugher, Emmy-winner who starred in ‘Homicide,’ dead at 61 Obituaries | Vic Davalillo dies; was part of Oakland A&#...

Oakland: DA dismisses double murder case after lawyer found second gun at crime scene

Published Fri, 27 Dec 2024 11:06:31 GMT

OAKLAND — In a move that was reportedly months in the making, the Alameda County District Attorney’s office has dismissed two murder charges against an Oakland man who was accused of killing his girlfriend and a man inside his apartment, court records show.The dismissal was aided in large part by the discovery of a firearm at the crime scene, made by a defense attorney and private investigator, which police investigators had apparently missed, according to the defendant’s lawyer.Franz Lucablue Gadient, 34, had been charged with murdering Mari Alice Shaw, 22, and Jesse Sky Willner, 44, in a November 2021 shooting inside the Oakland apartment where Shaw and Gadient lived. But the defense lobbied for months for prosecutors to dismiss the case, arguing that Gadient had killed an intruder, Willner, in self-defense after Willner opened fire into the home, killing Shaw.At a Dec. 12 court appearance in Oakland, the defense got its wish; prosecutors dismissed both murder co...

Etsy to cut 225 jobs

Published Fri, 27 Dec 2024 11:06:31 GMT

(KRON) -- Online marketplace Etsy is laying off 225 team members, about 11% of its total workforce, the company's CEO Josh Silverman announced Wednesday. The job cuts come as part of broader updates to the company's internal structure to position Etsy for growth and "better serve our customers," Silverman wrote in a post on the company website. "As I shared in my livestream a few moments ago, today we are announcing some very difficult yet necessary decisions to better position Etsy for future growth. After deep discussion and careful consideration, we are reorganizing our internal structure to more closely align our resources with our most important business priorities and better serve our customers," Silverman wrote. "As part of this, I’m sad to share that we must say goodbye to approximately 225 team members, reducing the Etsy workforce by ~11%. This decision was among the hardest we’ve ever made, and one that we have tried earnestly to avoid." GM’s Cruise robotaxi unit lays of...

Man arrested on suspicion of October attempted homicide in SF’s Richmond district

Published Fri, 27 Dec 2024 11:06:31 GMT

SAN FRANCISCO (BCN) -- Police in San Francisco arrested a man suspected in an attempted homicide in October in the Richmond District, the department said Thursday. Cruise lays off 900 workers with investigation into San Francisco crash ongoing On Oct. 29 at around 2 a.m., officers were called to the 900 block of Geary Street regarding a shooting. A man was found suffering from a gunshot wound and was taken to the hospital, where he has so far survived.Bryan Pratt, 63, is suspected in the shooting. Arrest and search warrants were authorized for him, and on Tuesday at 10:20 a.m., police located Pratt in the 400 block of Fulton Street and served the warrants.Pratt was arrested and booked into jail on suspicion of attempted murder, intentional discharge of a firearm during a felony resulting in great bodily injury, and being a felon in possession of a firearm.KRON On is streaming live news.embed-container { position: relative; padding-bottom: 56.25%; height: 0; overflow: hidden; max-w...