Consumer sentiment survey followed by the Fed shows inflation expectations ease slightly
A shopper inside a women's clothing store in the East Village neighborhood of Des Moines, Iowa, on Saturday, Feb. 5, 2022. A widely followed consumer sentiment survey released Friday showed inflation expectations have eased slightly. The University of Michigan's Surveys of Consumers said consumers expect inflation to rise at a 5.3% annualized rate as of the end of June. That's down from a preliminary reading released earlier this month, which showed inflations was expected by consumers to increase at a 5.4% clip. Federal Reserve Chair Jerome Powell said earlier this month that uptick in consumer inflation expectations helped sway the central bank to raise rates by 75 basis points, or 0.75 percentage point.cnbc.com
Bird flu outbreak waning but threat of virus lingers
A bird flu outbreak in the U.S. that led to the deaths of more than 40 million chickens and turkeys and contributed to a spike in egg and meat prices appears to be waning, but experts caution the virus hasn't disappeared and worry another surge could take hold this fall.
EPA raises amount of ethanol that must be blended with gas
The Biden administration on Friday set new requirements that increase the amount of ethanol that must be blended into the nation's gasoline supply but reduce previous ethanol-blending requirements due to a plunge in fuel demand during the coronavirus pandemic. The Environmental Protection Agency said it would set the 2022 levels for corn-based ethanol blended into gasoline at 15 billion gallons.news.yahoo.com
Enraged Ex Guns Down Two College Students in Megachurch Parking Lot
Nirmalendu Majumdar/USA Today Network via ReutersA quiet parking lot outside a megachurch in rural Ames, Iowa became the scene of shocking violence Thursday evening when a man enraged over a recent breakup opened fire on his ex-girlfriend and her friend, killing both of them before turning the gun on himself. Around 6:50 p.m., Johnathan Lee Whitlatch, 33, arrived at Cornerstone Church—where the two slain Iowa State University students and a third friend were about to head into Bible study—with tnews.yahoo.com
Forbidden love: Taiwan's gay couples seek foreign marriage equality
Taiwan's LGBTQ community celebrated the third year of gay marriage being legal this week, but for Vincent Chuang, it was a bittersweet reminder that he still cannot wed his partner because he fell in love with a foreigner. Under current rules, Taiwanese nationals can only marry those from the roughly 30 countries and territories where same-sex marriage is also legal.news.yahoo.com
Greyhound racing nearing its end in the US after long slide
Vera Rasnake laughed as she led a trio of barking, jostling dogs into the Iowa Greyhound Park, but her smile faded when she acknowledged that after 41 years of being around the sleek animals, her sport was teetering on extinction. After the end of a truncated season in Dubuque in May, the track here will close. It’s been a long slide for greyhound racing, which reached its peak in the 1980s when there were more than 50 tracks across 19 states.news.yahoo.com
Iowa GOP open to non-Trump prospects as 2024 gets underway
Former President Donald Trump’s persistent flirtation with another White House run is doing little to discourage other potential Republican candidates from stepping up their activity in Iowa, the state that will formally launch the nomination process.
Texas Democrats make moves to be early presidential primary state in 2024
The Democratic National Committee has decided to allow new states to bid for the coveted status, which has long belonged to places like Iowa and New Hampshire, in an effort to kick off the nominating process in states that better reflect the diversity of the broader electorate.
LB coach Wallace now defendant in ex-Iowa players' lawsuit
Iowa linebackers coach Seth Wallace has been added as a defendant in lawsuit filed against the university and athletic department personnel by former football players alleging they were discriminated against and harassed because they are Black.
Parole revoked for Iowa man convicted of lottery rigging
A man serving a 25-year prison sentence for rigging computers to win lottery jackpots has had his parole revoked after he got into trouble in prison just before his scheduled release. Eddie Tipton was approved for release by the Iowa Board of Parole on Jan. 20 because of good behavior. “He incurred a major discipline or major report within the institution after we granted the parole but before he was physically released,” said Iowa Board of Parole Chairman Andrew Boettger.news.yahoo.com
Sen. Joni Ernst confronts Biden nominee who called her 'hideous' on Twitter: 'I'm calling you out'
The confirmation hearing for nominees to serve on the board of the Tennessee Valley Authority turned awkward Wednesday, when Sen. Joni Ernst, R-Iowa, confronted one of President Biden's picks for calling her "hideous" on social media.news.yahoo.com
Kansas earns No. 1 seed in Midwest Region; Auburn gets No. 2
Kansas earned a No. 1 seed for the 15th time on Sunday, second only to North Carolina for most in college hoops history, and will open the NCAA Tournament in the Midwest Region against the play-in winner between Texas Southern and Texas A&M-Corpus Christi in Fort Worth, Texas.
Iowa governor signs restrictive transgender sports bill
Iowa Gov. Kim Reynolds has signed into law a bill that prohibits transgender females from participating in girls high school sports and women’s college athletics, rejecting opponents' argument that she would harm vulnerable children to solve a nonexistent problem.
Republican lawmakers bar journalists from statehouse floors
Utah's state Senate passed rules this week limiting where the press can go to report in statehouses, marking the latest move by Republican state lawmakers nationwide who are peeling back access to chambers after the pandemic provided new accessibility.
Iowa man convicted of lottery rigging scheme granted parole
A former lottery computer technician serving a 25-year prison sentence for ongoing criminal conduct by rigging computers to win lottery jackpots for himself, friends and family will be released from an Iowa prison on parole after serving nearly five years.