Impacting – Business News Updates https://newsdaily.business Mon, 23 Jan 2023 10:24:42 +0000 en hourly 1 https://wordpress.org/?v=6.4.3 https://newsdaily.business/wp-content/uploads/2021/02/cropped-handshake-hand-gesture-dollar-money-finance-coin_96px-32x32.png Impacting - Business News Updates https://newsdaily.business 32 32 Air pollution impacting maternal, infant health of Ohioans https://newsdaily.business/2023/01/23/air-pollution-impacting-maternal-infant-health-of-ohioans/ https://newsdaily.business/2023/01/23/air-pollution-impacting-maternal-infant-health-of-ohioans/#respond Mon, 23 Jan 2023 10:24:42 +0000 https://newsdaily.business/2023/01/23/air-pollution-impacting-maternal-infant-health-of-ohioans/ Improving air quality in the state would lead to better health for Ohioans, and could be done through policy changes, according to a policy think tank. In a recent examination of the connections between air pollution and health, the Health Policy Institute focused on maternal and infant health, lung and heart conditions and cognitive conditions, […]]]>


Improving air quality in the state would lead to better health for Ohioans, and could be done through policy changes, according to a policy think tank.

In a recent examination of the connections between air pollution and health, the Health Policy Institute focused on maternal and infant health, lung and heart conditions and cognitive conditions, all of which could see better outcomes with increased monitoring and control of air pollutants.

“Exposure to air pollution can also increase the severity, lethality and prevalence of COVID-19 due to its negative impact on cardiopulmonary diseases and immune responses,” the HPIO said in a policy brief on the issue.

Sources of air pollution range from power plants to vehicle exhaust, and even natural sources like dust.

Improvements have been made through the federal Clean Air Act in 1970, which sought to regulate emissions through EPA oversight, and through implementation of plans in each individual state.

“The EPA can also take civil or criminal action against an entity that has violated environmental law, such as not installing a required air pollution control device,” the HPIO stated.

But Ohio “ranks poorly on outdoor air quality” according to the institute’s research, and performs worse than most other states.

Graph provided by the Health Policy Institute.

More than 32% of Ohioans commute more than 30 minutes to work alone, verses 4.1% who walk, cycle or use public transportation, according to a 2021 Health Value Dashboard cited in the policy brief.

But more than the choice of commute, some Ohioans are unwittingly in danger of air pollution effects based solely on where they live and the zoning policies in those communities. Even “redlining,” the use of discriminatory practice of denying mortgages and other financial services based on race or ethnicity, can cause minorities to end up in more polluted areas.

“Historically, zoning policies and redlining placed industrial plants and highways closer to predominantly Black neighborhoods and prohibited Black people from living in areas that did not have these sources of pollution near them,” the HPIO stated.

According to research from the National Equity Atlas, Black Ohioans face a risk of air pollution 1.5 times higher than white residents of the state.

Part of the problem in Ohio was the passage of the scandal-ridden House Bill 6, a bailout of energy companies that led to, among other things, a bribery investigation and, beginning this month, the criminal trial of former House Speaker Larry Householder.

Parts of the legislation were repealed in March 2021 related to the bailout, but measures that severely cut energy-efficiency programs and standards for renewable energy stayed in place.

“By reducing the renewable energy benchmark, Ohioans are more likely to continue to use fossil fuel-based energy and be more at risk of air pollution exposure,” the HPIO policy brief stated.

Ohio’s legislature also passed Senate Bill 52 in 2021, which hampers the development of energy sources such as wind farms and solar facilities and allows local governments to turn down wind and solar proposals.

Local governments have done their part to reduce air pollution, however, with the Central Ohio Transportation Authority planning a fleet transition to non-diesel by 2025 after receiving federal funding for the effort.

After a settlement between Volkswagen and the U.S. Environmental Protection Agency over an emissions scandal, Ohio is set to receive $75 million over 10 years to be used to fund emission-reduction projects.

“The latest round of grants, awarded in November 2021, were estimated to remove 33 tons of nitrogen oxides and 16 tons of other air pollutants annually,” the HPIO stated.

Moving forward, the policy institute said more legislation could set targets for “renewable energy procurement” and use air quality monitors to capture data on exposure. Increased funding for public transportation and an “environmental legislature review process” were also recommended by the HPIO.

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2023-01-23 09:50:10

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Dayton-area housing market impacting homebuyers https://newsdaily.business/2023/01/23/dayton-area-housing-market-impacting-homebuyers/ https://newsdaily.business/2023/01/23/dayton-area-housing-market-impacting-homebuyers/#respond Mon, 23 Jan 2023 10:08:00 +0000 https://newsdaily.business/2023/01/23/dayton-area-housing-market-impacting-homebuyers/ DAYTON, Ohio (WDTN) — Mortgage rates have made the purchasing process difficult for first time homebuyers in the Dayton area. In recent months, mortgage rates have made an impact on the Dayton area. Housing data released shows the median price of residential homes increased about 4 percent in December compared to December, 2021. Ohio officially […]]]>


DAYTON, Ohio (WDTN) — Mortgage rates have made the purchasing process difficult for first time homebuyers in the Dayton area.

In recent months, mortgage rates have made an impact on the Dayton area. Housing data released shows the median price of residential homes increased about 4 percent in December compared to December, 2021.

Real estate experts have explained the Dayton region has low inventory, but demand for homes is staying constant. The public interest for purchasing houses has led to prices of homes to continually increase.

Dayton Realtors President Greg Blatt tells 2 NEWS there is more of a demand for homes than what is currently on the market, causing increased prices in the market for potential homebuyers.

“Right now, we’re running about 20 percent of the market inventory. Demand is staying about the same. That means home prices are increasing, as we go forth,” Blatt said.

The prices of homes in the area are not expected to increase as they have in the previous few years by the double digits, but instead by a single digit increase.

Blatt tells 2 NEWS, “I think that’s indicative of the increase interest rates. Again, we’re seeing a lower velocity of homes being sold, but they’re still in high demand.”

One of the tips first-time homebuyers can take to make sure the purchasing process runs smoothly is confirming you are pre-approved for buying a home, but also, consulting with a realtor.



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2023-01-22 20:15:31

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Ralph Lauren Sees Foreign Exchange Headwinds Impacting Revenue Growth as Fiscal First-Quarter Results Top Views https://newsdaily.business/2022/08/09/ralph-lauren-sees-foreign-exchange-headwinds-impacting-revenue-growth-as-fiscal-first-quarter-results-top-views/ https://newsdaily.business/2022/08/09/ralph-lauren-sees-foreign-exchange-headwinds-impacting-revenue-growth-as-fiscal-first-quarter-results-top-views/#respond Tue, 09 Aug 2022 16:24:00 +0000 https://newsdaily.business/2022/08/09/ralph-lauren-sees-foreign-exchange-headwinds-impacting-revenue-growth-as-fiscal-first-quarter-results-top-views/ MT Newswires 2022 All news about RALPH LAUREN CORPORATION Analyst Recommendations on RALPH LAUREN CORPORATION Sales 2023 6 360 M – – Net income 2023 578 M – – Net cash 2023 727 M – – P/E ratio 2023 12,5x Yield 2023 3,02% Capitalization 7 052 M 7 052 M – EV / Sales […]]]>








MT Newswires 2022

All news about RALPH LAUREN CORPORATION

Analyst Recommendations on RALPH LAUREN CORPORATION

Sales 2023 6 360 M

Net income 2023 578 M

Net cash 2023 727 M

P/E ratio 2023 12,5x
Yield 2023 3,02%
Capitalization 7 052 M
7 052 M
EV / Sales 2023 0,99x
EV / Sales 2024 0,96x
Nbr of Employees 17 850
Free-Float 33,7%

Chart RALPH LAUREN CORPORATION



Duration :


Period :




Ralph Lauren Corporation Technical Analysis Chart | MarketScreener

Technical analysis trends RALPH LAUREN CORPORATION

Short Term Mid-Term Long Term
Trends Bullish Bearish Bearish



Income Statement Evolution

Sell

Buy

Mean consensus OUTPERFORM
Number of Analysts 20
Last Close Price 101,16 $
Average target price 116,22 $
Spread / Average Target 14,9%




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2022-08-09 15:59:01

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What is fueling inflation and how is it impacting Utah’s economy and job market? https://newsdaily.business/2022/07/23/what-is-fueling-inflation-and-how-is-it-impacting-utahs-economy-and-job-market/ https://newsdaily.business/2022/07/23/what-is-fueling-inflation-and-how-is-it-impacting-utahs-economy-and-job-market/#respond Sat, 23 Jul 2022 09:28:52 +0000 https://newsdaily.business/2022/07/23/what-is-fueling-inflation-and-how-is-it-impacting-utahs-economy-and-job-market/ A “Now Hiring” sign is pictured outside Staker Parson in Salt Lake City on July 13. Utah’s economy is running strong, for now, but how will inflation and a looming recession impact the economy? (Laura Seitz, Deseret News) Estimated read time: 4-5 minutes SALT LAKE CITY — Utah’s employment summary for the month of June […]]]>


A “Now Hiring” sign is pictured outside Staker Parson in Salt Lake City on July 13. Utah’s economy is running strong, for now, but how will inflation and a looming recession impact the economy? (Laura Seitz, Deseret News)

Estimated read time: 4-5 minutes

SALT LAKE CITY — Utah’s employment summary for the month of June further reinforces the notion that the Beehive State’s economy is faring better than the national economy.

“Currently, the economic numbers are still strong here in Utah,” Mark Knold, Utah Department of Workforce Services’ chief economist, said Friday.

The state’s nonfarm payroll employment for June increased an estimated 3.5% across the past 12 months, with the state’s economy adding a cumulative 56,300 jobs since last June, bringing Utah’s current job count to 1,666,300, according to the Utah Department of Workforce Services’ June 2022 Employment Summary.

Additionally, the unemployment rate is “historically low,” at just 2%, well below the national average of 3.6%, the summary said.

“History has shown that when the economy runs at such a vibrant pace, it does not stay there for a lengthy amount of time. Something exogenous usually arises to temper such a furious pace,” Knold said. “The economic omens of such a change may be before us.”

The main omen is economic inflation, he said.

“When prices increase noticeably before consumer’s eyes, this negatively impacts both their economic psychology and enthusiasm,” Knold said.

Due to the negative influence inflation carries, Knold pointed out that those guiding the government’s actions in regard to the economy can tend to take an aggressive stance over inflation with the intention of returning inflation to a more passive economic position.

“The board of governors of the Federal Reserve System, or the Fed, are the influential overlords of the nation’s economy,” Knold said.

When inflation runs high like it is now, the Fed’s tendency is to raise interest rates with the goal of lowering inflation.

This process, though, can slow or impede the U.S. economy, Knold said.

“All expect the Fed to move aggressively to raise interest rates with the goal to bring that inflation back down, even if it means stunting the overall U.S. economic pulse in the short run,” he said.

What factors drive inflation?

So what is driving inflation?

Knold said it’s multiple factors, some that the Fed has influence over and some that it does not.

“Product supply chain disruptions have limited the flow of goods from other countries, like China, contributing to increased product prices and thus fueling inflation,” Knold said. “The Fed does not have the power to reopen supply chains.”

He added that Russia’s invasion of Ukraine, which has sent gas prices skyrocketing, isn’t something the Fed has control over.

“Conversely, a domestic economy where worker wages are rising rapidly, producing increasing prices that contribute to inflation is something that is under the Fed’s sphere of management,” Knold said.

He noted that while the Fed doesn’t have the absolute power to alter inflation, it does have the power to cause consumers to alter their spending habits.

“If you cannot increase the supply of goods, your other option for maintaining price stability is to reduce the internal demand for goods,” Knold said. “That is what many are expecting from the Fed moving forward and many are anticipating a U.S. recession in 2023 because of this.”

Utah’s economic health and the labor market

If a recession does come, Knold said that the current health of Utah’s economy — which is at the “most favorable level it can be” — will work in the state’s favor.

“There is a lot of room for economic slowing before such weakening moves into levels that become painful and injurious upon the economy,” Knold said.

He also noted that Utah’s housing market could use a bit of time to invigorate the supply while the demand is pulled back a bit.

“The current hyper-tight labor market may be of such a unique composition that what we’d normally expect from recessions — like noticeable amounts of job loss and high unemployment — may not be the outcomes we will see if a recession were to arise within the next year,” Knold said.

Knold said that it “seems highly likely” that a national recession will be coming within the next year. What is less clear, he said, is how that recession will affect both the U.S. and Utah economies.

This is in part due to the fact that there has never been a time when the U.S. has faced so many workers exiting the labor force without an equal (let alone excess) force aging in.

“Future recessions may not have as much setback and disruption upon the labor markets as they have had in the past,” Knold said. “Defining new levels of recessionary expectations may be part of both Utah’s and the United States’ economic stories going forward.”

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Logan Stefanich is a reporter with KSL.com, covering southern Utah communities, education, business and military news.

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2022-07-23 01:14:05

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How Mortgage Rates Are Impacting Sellers https://newsdaily.business/2022/04/25/how-mortgage-rates-are-impacting-sellers/ https://newsdaily.business/2022/04/25/how-mortgage-rates-are-impacting-sellers/#respond Mon, 25 Apr 2022 01:16:13 +0000 https://newsdaily.business/2022/04/25/how-mortgage-rates-are-impacting-sellers/ kali9 / Getty Images Many factors contributed to the historic seller’s market that endured throughout the pandemic, which saw home prices rise by more than 50% in two years in some states. One of the biggest drivers of that growth was dirt-cheap mortgage rates. “The low interest rate environment has created an unprecedented opportunity for […]]]>


kali9 / Getty Images

kali9 / Getty Images

Many factors contributed to the historic seller’s market that endured throughout the pandemic, which saw home prices rise by more than 50% in two years in some states. One of the biggest drivers of that growth was dirt-cheap mortgage rates.

“The low interest rate environment has created an unprecedented opportunity for not only buyers getting a great rate but homeowners seeing the value of their homes increase exponentially,” said Bill Gassett, founder of Maximum Real Estate Exposure.

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The environment that made that dynamic possible for all these months, however, is slowly fading away.

“While real estate markets don’t change overnight,” Gassett said, “there is a very strong chance that, with the Fed’s increase of rates multiple times in the coming year, real estate markets will eventually change.”

Rates are rising and the market is changing. Here’s what it means for sellers.

Buyers Can’t Afford as Much Home

Make no mistake about it: Mortgage rates are rising in 2022 — and they’re rising quickly.

“Only last week, the 30-year mortgage rate was 4.16%,” said WeLoans CEO Lucia Jensen. “In just a week’s time, the rate is up to 4.47%, representing a 0.31% jump in seven days.”

Every added basis point on the interest rate drives down the amount of money that buyers can borrow — and therefore reduces the amount of house they can afford.

“Effectively, increased mortgage rates reduce conventional buyers’ buying power by 9% to 10% to 11%, pending their debt-to-income ratio,” said Baron Christopher Hanson of Echo Fine Properties. “Pre-approved buyers for $500,000 to $1 million in mortgage funding can see their purchasing power reduced by $45,000 to $110,000 based on a rise in mortgage rates. This cooling of traditionally financed buying power across the board ultimately puts pressure on sellers hoping to earn top dollar on their homes.”

When Buyers Can’t Buy as Much, Demand Falls

On March 18, the National Association of Realtors reported that home sales fell in February by 7.2% — much more than expected — to a six-month low. While it’s too early to diagnose a definitive cause and effect, it’s impossible to ignore that rising rates immediately preceded a steep decline in demand.

“Current mortgage rates are making it less affordable to buy a home,” said Adrian Brikho, senior mortgage advisor at Brik Home Loans. “Buyers who were on the edge of qualifying are going to get priced out of the market. We’re going to see a slowdown in demand in the coming months, which will affect the price a seller can get for their home.”

When Demand Falls, Sellers Have to Lower Prices — Usually

Rising rates reduce demand; and, when demand falls, prices should, too.

“It’s important to remember that there is a consistent correlation between interest rates and home prices,” said Ward Morrison, president and CEO of Motto Franchising, LLC. “When interest rates increase, affordability of homebuying decreases, causing an inverse reaction to home valuation. To offset this issue, the market stabilizes and home prices go down.”

That pattern is what you could expect in a normal year, but 2022 is no normal year.

“Luckily for home sellers,” Morrison said, “because real estate supply and demand is so off balance right now, we likely won’t see prices decrease as rapidly as we have in the past.”

Demand Might Rise Before It Falls for Real

Many experts are expecting demand to spike momentarily before falling once again. You can chalk it up to buyer FOMO.

“In today’s current climate, with the expectation that interest rates will continue to rise, and with interest rates still remaining low from a historical context, I believe the desire to lock in low interest rates will only gather a greater sense of urgency,” said Michael Rehm, a licensed real estate agent in Sacramento, California. “This will cause more buyers to get off the sidelines and into the market, only increasing the demand and the prices of homes overall, which will benefit the sellers in today’s market.”

Sellers Should Expect More Headaches From Empowered Buyers

As rates rise, demand slows and prices fall, the balance of power will slowly shift from the seller to the buyer — and buyers soon will be able to make demands that would have pushed them out of the running in the red-hot days of the 2021 bidding wars.

“Increased mortgage rates will also temper the volume of buyers willing to forgo inspection periods and invest 4% to 6% to 8% of the home’s appraised value in punch-list improvements that sellers were able to ignore during the COVID real estate buying frenzy,” Hanson said.

Sellers also are likely to be frustrated by buyers who were pre-approved based on numbers that the lender crunched prior to the interest rate hikes.

“As interest rates rise, home sellers also need to factor in the buyer’s ability to afford a home and ensure that their mortgage preapproval is based on current interest rates,” Morrison said. “This is crucial; because, if a seller accepts an offer from a buyer who was preapproved at a lower rate and no longer qualifies, that’s valuable time and money lost on the transaction.

“To prevent this, it is wise for sellers to work with a buyer who has lending options — like a mortgage broker, for instance, who can shop on behalf of the buyer to provide a variety of options.”

Most Sellers Will Have to Become Buyers Themselves

The most important thing for sellers to remember is that, unless they have a spare house, they become buyers when the deal is closed.

“I’ve been hearing more and more current homeowners say, ‘I could sell, but what would I be able to buy? I couldn’t afford to buy my own house in this market,’” said Matthew Posey, residential mortgage loan originator with Axia Home Loans. “The current real estate scales are firmly tipped in the seller’s favor and not the buyer’s. The net benefit to a seller who goes on to purchase another home is diminished when the scales are tipped too far to either side. That’s why professionals in the housing market, myself included, always prefer a balanced market where both buyers and sellers benefit.”

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2022-04-24 19:00:53

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