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Border pressures migrate north as Venezuelans head to Denver

DENVER (AP) — Javier Guillen just wanted to get to the United States as he endured a three-month trek from Venezuela, hiking through Central American jungles and spending four days clinging to the roof of a Mexican train known as “the beast” to avoid police and kidnappers.

But when he finally arrived in El Paso, Texas, last week, the 32-year-old settled on a new destination, only one relatively cheap bus ride away — Denver, an additional 680 miles (1,094 kilometers) north from the border.

“It’s the easiest place, closest to Texas, and there are people who’ll help immigrants here,” Guillen said before making his way to one of a network of shelters the city has scrambled to set up.

Over the past month, nearly 4,000 immigrants, almost all Venezuelans, have arrived unannounced in icy Denver, with nowhere to stay and sometimes dressed in nothing more than T-shirts and flip-flops. The influx took city officials by surprise as they grappled with a spate of winter storms that plunged temperatures to record lows and disrupted transit out of the area.

When they appealed to the state to open new shelters, Gov. Jared Polis, a Democrat who had allocated $4 million to help care for the migrants, arranged for those who wanted to travel onward to go by bus to Chicago and New York. That led New York Mayor Eric Adams, also a Democrat, who had already warned his city was being overwhelmed by new migrants, to complain about the transfers from Denver.

The situation illustrates how record numbers crossing the southern border are reverberating northward to cities like Denver, New York and Washington that have long been destinations for immigrants — but not busloads of them showing up all at once, straight from the border and with no resources.

“They are getting a taste of what border cities have been facing,” said Julia Gelatt, a senior policy analyst at the Migration Policy Institute in Washington. “The fact that people are showing up in groups with a need for basic services really is new for northern cities.”

In some instances, Republican governors — primarily Texas Gov. Greg Abbott — have tried to drive home that message by transporting immigrants straight from the border to New York or near Vice President Kamala Harris’ Washington residence in the nation’s capital. Last year Florida Gov. Ron DeSantis also sent some to the resort island of Martha’s Vineyard.

It’s not clear precisely how Denver became a new destination for Venezuelans fleeing their country’s economic and political chaos. Advocates had detected small numbers arriving from the border earlier in 2022 and warned the route was becoming increasingly popular.

Then, last fall, many traveled to the U.S.-Mexico border in hopes the Biden administration would end a pandemic regulation that lets the country automatically return asylum seekers to Mexico. Instead, President Joe Biden added Venezuelans to the nationalities covered by the rule in October. Venezuelan crossings dropped at the border, but then something changed in Denver.

Whatever the trigger, the number of migrants arriving in the city spiked dramatically in December to sometimes 200 a day, just as a bitter winter freeze and record low temperatures swept through. The storms snarled roads out of the city and canceled several scheduled bus trips to points east, stranding many in a city already struggling to shelter its homeless population.

In response, Denver converted three recreation centers into emergency shelters for migrants and paid for families with children to stay at hotels, allocating $3 million to deal with the influx. It reassigned workers to process the new arrivals, assign them to shelters and help them get on buses. Residents donated piles of winter clothing.

“Cities and states are ill-equipped to deal with this,” Mayor Michael Hancock said in an interview. “Whether you’re on the border or in Denver, Colorado, cities are not set up for this.”

Amelia Iraheta, a city public health employee reassigned to work with the migrants, said one man reported walking from the border and arrived with a broken foot. One woman, who reached Denver barefoot, still had her feet covered with cactus spines after walking through the borderland desert. Most wore just the clothes on their back — woefully insufficient for the subzero temperatures.

“Coming into Denver in the peak of winter, conditions were not exactly what I think they had been expecting,” Iraheta said.

Most weren’t intending to stay long. The city and state say about 70% of the more than 3,800 migrants who’ve come to Denver since they began tracking on Dec. 9 planned to go elsewhere ultimately. More than 1,600, the city says, have already left town on their own accord.

Polis’ office said he was not available for an interview. “The state’s priority is ensuring people are receiving the resources they need and can reach their desired final destination, which is the opposite of actions other states have taken to send people to places they likely had no intention of going to,” spokesman Conor Cahill said in a statement.

Jennifer Piper of the American Friends Service Committee, which has worked with the city and several nonprofits to help the migrants, inspected one of the buses before it left Denver. She said all passengers agreed they were on it voluntarily and that almost all had friends or family in New York or Chicago to stay with.

“These are grown-ups in control of their own destiny,” Piper said. “The reality is they were going to be on Greyhound buses eventually.”

The city has set a 14-day limit on stays in the emergency shelters and is talking to other agencies and nonprofits about opening longer-term facilities. It’s unclear how Biden’s new immigration policy, which opens an additional 30,000 monthly slots for asylum applicants from Venezuela and three other Latin American nations, will affect the flow into Denver.

“I really think this is not a flash in the pan,” Piper said. “Denver is now on that route, and I don’t think that will shift for at least the next 5-6 months.”

It may last longer. Alexander Perez, 23, took the same daunting, monthslong overland journey through Colombia, Central America and Mexico as many other Venezuelans. It includes a particularly brutal stretch of jungle isthmus into Panama known as the Darien Gap, devoid of any roads and plagued by armed marauders and deadly natural perils.

Along the way he kept thinking about joining a cousin in New York. Following a week in El Paso, he hopped a bus to Denver with the intent of continuing northeast. But after finding a warm welcome and, eventually, a hotel room, he began to reconsider his itinerary. He needed to make some money before heading on.

“Sometimes God leads you places,” Perez said, standing outside a supermarket, eyeing mounds of dirty snow.

Maybe, Perez mused, he could stay and earn some money shoveling.

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Number of those injured increases to eight

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The amount of individuals hurt in a Russian assault on the town of Ochakiv in Mykolaiv region has greater to 8.

Hanna Zamazeyeva, head of the Mykolaiv Regional Council, wrote this on Telegram, Ukrinform stories.

“Eight individuals ended up hurt, 3 of them were taken to Mykolaiv for therapy,” Zamazeyeva wrote.

She also observed that the Ochakiv clinic experienced considerable hurt, 180 windows and 22 doorways ended up damaged.

Earlier, Mykolaiv regional law enforcement chief Serhiy Shaikhet documented about three injured folks as a result of the assault on Ochakiv.

He added that about 50 objects – properties and flats – had been broken by the shelling.

As claimed, Russian troops shelled the town of Ochakiv in Mykolaiv location on January 9.

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U.S. says traffic deaths fell slightly in first nine months of 2022

2023-01-09T15:32:35Z

Traffic is pictured at twilight along 42nd St. in the Manhattan borough of New York, U.S., March 27, 2019. REUTERS/Carlo Allegri

U.S. auto safety regulators said Monday traffic deaths fell by 0.2% in the first nine months of 2022 after sharply rising in the two prior years.

The National Highway Traffic Safety Administration estimates 31,785 people died in traffic crashes through Sept. 30 compared to the 31,850 deaths in the same period in 2021. U.S. traffic deaths jumped 10.5% in 2021 to 42,915, the highest number killed on American roads in a single year since 2005.

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Nasdaq leads Wall St higher as interest rate worries ease

2023-01-09T15:39:32Z

Traders work on the trading floor at the New York Stock Exchange (NYSE) in New York City, U.S., January 5, 2023. REUTERS/Andrew Kelly

The tech-heavy Nasdaq led gains among the main Wall Street indexes on Monday, boosted by shares of Amazon and Tesla, while signs of a cooling labor market supported bets of a slower pace of interest rate hikes by the Federal Reserve.

Amazon.com Inc (AMZN.O) rose 3.4% after Jefferies said it saw cost pressures easing for the e-commerce giant in the second half of the year.

Tesla Inc (TSLA.O) climbed 7.5% after the electric-vehicle maker indicated longer waiting times for some versions of the Model Y in China, signaling the recent price cuts could be stoking demand.

Other rate-sensitive growth stocks like Apple Inc (AAPL.O) and Alphabet Inc (GOOGL.O) gained about 1% each as U.S. Treasury yields declined.

The gains pushed technology (.SPLRCT) to the top of the major S&P 500 sector indexes list. The S&P 500 growth index (.IGX) was up 3.6%, outperforming a 0.7% rise in its value peers (.IVX).

The benchmark S&P 500 (.SPX) and the Nasdaq (.IXIC) closed the week higher on Friday after a moderation in wage increases and a decline in U.S. services activity in December buoyed hopes of a less hawkish stance from the Fed as well as a soft landing for the U.S. economy.

“The number of jobs created is working its way down slowly and wages are starting to calm down. Both of those are important for inflation coming under control, without necessarily careening the U.S economy to a recession,” said Art Hogan, chief market strategist at B. Riley Financial.

The highly awaited U.S. Labor Department’s inflation report on Thursday is expected to show some moderation in year-on-year consumer prices in December.

Money market bets show 75% odds of a 25-basis point hike in the Fed’s February policy meeting, with the terminal rate expected just below 5% by June.

Other economic data such as weekly jobless claims and the University of Michigan’s consumer sentiment report will also be in focus this week, as big U.S. banks kick off the quarterly earnings season on Friday.

A slew of Fed officials including Chair Jerome Powell are due to speak this week, with investors parsing their commentary for more clues on the rate-hike trajectory.

U.S.-listed shares of Alibaba Group Holding Ltd rose 2.7% on news that Ant Group’s founder Jack Ma will give up control of the Chinese fintech giant in an overhaul.

At 9:58 a.m. ET, the Dow Jones Industrial Average (.DJI) was up 132.40 points, or 0.39%, at 33,763.01, the S&P 500 (.SPX) was up 33.17 points, or 0.85%, at 3,928.25, and the Nasdaq Composite (.IXIC) was up 160.39 points, or 1.52%, at 10,729.69.

Macy’s Inc (M.N) and Lululemon Athletica Inc (LULU.O) dropped 8.7% and 10.3%, respectively, following dour holiday-quarter forecasts from both the retailers.

Other retailers such as Kohl’s Corp (KSS.N) and Nordstrom Inc (JWN.N) also took a hit, down 4.3% and 2.9%, respectively.

Advancing issues outnumbered decliners for a 3.68-to-1 ratio on the NYSE and a 2.15-to-1 ratio on the Nasdaq.

The S&P index recorded 10 new 52-week highs and two new lows, while the Nasdaq recorded 95 new highs and 14 new lows.

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Georgia special grand jury probing Trump completes its work

2023-01-09T15:49:53Z

Donald Trump departs Trump Tower two days after FBI agents raided his Mar-a-Lago Palm Beach home, in New York City, New york, U.S., August 10, 2022. REUTERS/David ‘Dee’ Delgado

The Georgia special grand jury investigating whether former U.S. President Donald Trump and his allies unlawfully sought to interfere in the state’s 2020 presidential election results has issued its final report and has been dissolved, a court filing showed on Monday.

In addition to dismissing the jurors, Fulton County Superior Court Judge Robert McBurney set a Jan. 24 hearing to determine whether the report will be made public. The jurors recommended that their findings be released, McBurney said in the order.

The special grand jury was convened at the request of Fulton County District Attorney Fani Willis, who opened a criminal investigation soon after a January 2021 phone call in which Trump urged top election officials to “find” enough votes to overturn Democrat Joe Biden’s statewide victory.

The investigation is one of several civil and criminal probes threatening Trump and his inner circle.


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California faces more torrential rain, high winds and flooding

2023-01-09T15:30:13Z

Tens of millions of Californians faced another bout of heavy downpours, high winds and flooding on Monday after the relentless weather over the last 10 days killed 12 people and left many thousands without power.

Most of California’s 39 million residents could expect heavy rainfall of up to five inches (13 cm) near the coast, more than a foot of snow to the west and wind gusts reaching 65 miles an hour across the state over the next few days, the National Weather Service said.

Monday’s forecast is the latest round of ugly weather that has claimed the lives of at least 12 people in California, Governor Gavin Newsom told a news conference on Sunday. Among the victims was a toddler who was killed by a redwood tree that fell and crushed a mobile home in northern California.

The weather has also toppled trees and power lines, knocking out power for tens of thousands of Californians. As of Monday morning, some 120,000 homes and business were without electricity, according to data from Poweroutage.us.

U.S. President Joe Biden has approved an emergency declaration that authorizes the Federal Emergency Management Agency (FEMA) to coordinate disaster relief efforts and mobilize emergency resources in California.

Two overlapping phenomena – an immense airborne stream of dense moisture from the ocean called an atmospheric river and a sprawling, hurricane-force low-pressure system known as a bomb cyclone – have caused devastating flooding and record snowfall over the past week.

The severe weather spawned violent wind gusts that toppled trucks, flooded the streets of small towns along northern California’s coast and churned up a storm surge that destroyed a pier in Santa Cruz.

The heavy rain and snow have caused significant flooding and ground saturation, meaning the next storm to move through this week would bring an additional flood threat, the National Weather Service said.

Related Galleries:

A drone view of a tree that fell during a winter storm with high winds in Sacramento, California, U.S. January 8, 2023. REUTERS/Fred Greaves

A driver navigates a flooded intersection after winter storms brought high winds and heavy rain in Sacramento, California, U.S. January 8, 2023. REUTERS/Fred Greaves

A view of a scene where a homeless woman was killed by a falling tree branch during a winter storm, at the bank of the Sacramento River in Sacramento, California, U.S. January 8, 2023. REUTERS/Fred Greaves

A drone view of residents looking a tree that fell during a winter storm with high winds in Sacramento, California, U.S. January 8, 2023. REUTERS/Fred Greaves
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1 million+ students fled public schools during pandemic

CHICAGO (NewsNation) — The number of students in public schools has hit a 20-year low, following the impact the COVID-19 pandemic had on enrollment.

More than a million K-12 students have dropped out of public school from fall 2019 to fall 2020, according to 2020 data from the National Center for Education Statistics.

Specifically, about 400,000 5- and 6-year-olds were not enrolled in public school by the end of 2020.

Illinois, New York and most of New England saw the most significant drop in enrollment between 2009 and 2020. Over the last decade, states, including Michigan and New Hampshire, saw enrollment fall primarily due to declining birth rates.

Public schools lose funding as they lose students, which has forced some schools to shutter altogether.

However, over the same years, enrollment grew by 10 percent in Florida, the Carolinas and Texas.

Enrollment declined as school districts also grappled with widespread teacher and staff shortages. This resulted in some students falling behind and frustrated parents pulling their students out.

Due to the pandemic, most school districts across the country allowed parents to let their children delay enrollment or skip ahead to the next year.             

This also resulted in private and charter school enrollments rising. Homeschool students doubled to about five million. According to census data, more than 11% of U.S. households are now homeschooling.

Although there has been a drop in public school enrollment, this data comes from 2020 when we were in the throes of the pandemic. The U.S. Department of Education predicts 2021 data will show public school enrollment numbers bounce back up.

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Gains in the first week of 2023 suggest stocks could see at least 20% upside through this year, Fundstrat says

Tom Lee

Cindy Ord/Getty Images

  • A positive stock market gain of 1.4% in the first week of 2023 suggests a strong year ahead, according to Fundstrat’s Tom Lee.
  • An analysis by Fundstrat found that the stock market saw a median gain of about 20% for the year when the first week was positive.
  • “This is so counter to consensus,” Lee said, as most Wall Street strategists expect a steep sell-off in the first half of 2023. 

The stock market is poised for big gains in 2023 after the first four days of the year saw a gain of 1.4%, according to a Monday note from Fundstrat’s Tom Lee.

A historical analysis from Fundstrat found that so goes the first week of the year, so goes the rest of the year for the stock market, on average. “Our work suggests odds increasing [that] equities will produce more than 20% gains in 2023,” Lee said. 

Since 1950, the S&P 500 has seen gains of 1.4% or more in the first four trading days of the year 23 times, and of those instances, 20 showed gains for the rest of the year. That’s a win ratio of 87%, with a median gain of 17%. Furthermore, if the strong start to the year happened after a down year, like 2022, the median gain jumped to 23%.

“This is another set of analytics supporting equities could rise 20% in 2023,” Lee said. A gain of 23% this year would send the S&P 500 to Lee’s year-end price target of 4,750. 

“This is so counter to consensus, which is looking for ‘flat markets’ marked by a steep decline in the first half of 2023, followed by a rally only in the second half of the year,” Lee said.

But if wage growth continues to ease while inflation slows, the Federal Reserve would have good reason to end its interest rate hikes, which could be supportive of stock prices.

Lee said that three-month annualized CPI is within “spitting distance” of the Fed’s 2% inflation target, and that means market consensus could be way off with its 2023 expectations for what the Fed is going to do.

“We think this points to a Fed that will be more ‘dovish’ versus consensus in [the] coming months. And in turn, lowers equity and bond volatility. This then means equities can gain more than 20% in 2023,” Lee said. 

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US stocks rise as investors build on soft-landing optimism after best week since November

nyseTraders gather on the floor of the New York Stock Exchange, Friday, March 18, 2016.

Associated Press/Richard Drew

  • US stocks climbed Monday, coming off Friday’s rally and an upbeat jobs report.
  • In December, wages increased less than expected and nonfarm payrolls were slightly higher than expected.
  • The consumer price index report for December comes out Thursday.

US stocks climbed Monday as the investors remained optimistic about a soft landing after Friday’s monthly jobs report.

In December, payrolls expanded more than expected while wage growth grew less than expected, signaling the Federal Reserve’s policy tightening may be having the intended effect of slowing the economy just enough to cool inflation and avoid a recession.

On Thursday, the consumer price index report is due, providing another key indicator on the direction of inflation. 

Here’s where US indexes stood as the market opened 9:30 a.m. on Monday: 

But analysts have cautioned that markets will see choppiness in the near-term as the central bank continues to respond to economic data. 

“The market’s day-to-day swings last week may symbolize a larger, longer-term tug-of-war that could play out this year,” according to Chris Larkin, managing director of trading at E-Trade from Morgan Stanley. “In addition to the probability of interest rates remaining high and a possible economic slowdown, any bullishness triggered by slowing inflation may be offset by stocks still-high valuations and overly optimistic earnings expectations.”

Here’s what else is going on: 

In commodities, bonds, and crypto: 

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The Teamsters’ new chief is readying UPS drivers for a strike as he heads toward contract negotiations — and key moves show he’s not bluffing

A crowd of UPS drivers in brown uniformsTeamsters president Sean O’Brien, front center, with UPS drivers on Wednesday, July 27, at a UPS facility in Missoula, Montana.

Teamsters Union

  • UPS’s contract with its drivers’ union expires in July 2023.
  • Teamsters General President Sean O’Brien will lead the union in negotiations for the first time. 
  • O’Brien told Insider the union has never been more prepared for a strike.

UPS drivers will be ready to strike next summer, said the Teamsters general president Sean O’Brien. 

It’s been a tough four years for the 360,000 UPS drivers and warehouse workers that the Teamsters union represents, and not just because they had to move packages through a pandemic. Since 2019, drivers have been working under a contract that made them among the highest-paid in the last-mile business but included a raft of unpopular provisions. 

Most of the UPS drivers who voted were against the contract but a (now axed) union bylaw allowed it to pass due to low turnout. The process left many members disenchanted with their union, multiple UPS drivers told Insider. 

Partly as a reaction to those grumblings, Teamsters lifer Sean O’Brien was elected to take over the union’s leadership last year. He ran on a fiery platform of reclaiming the union’s might and growing its membership. 

O’Brien vowed to undo some of the disliked elements of the UPS contract, namely a new tier of drivers the company created to handle Saturday deliveries, driver-facing cameras in trucks, and a new kind of seasonal hire using personal vehicles. He’s also hell-bent on raising part-time pay. 

And for months, O’Brien has openly spoken about UPS drivers going on strike for the first time in 25 years. 

Prepared to strike 

“Everybody tells a great tale about how successful the company is and how great it is to work for, but it’s simple,” O’Brien told Insider in July. “If we strike UPS, it’s UPS’s fault.” 

The union has amassed a $350 million strike fund and shortened the time it takes for members to receive a payout from eight days to one.  

“That’s some pretty good leverage,” O’Brien said. 

“UPS and the Teamsters have worked cooperatively for almost 100 years to meet the needs of UPS employees, customers, and the communities where we live and work,” a UPS spokesperson told Insider in July. “We have built UPS into the world’s leading package delivery company together, which has also bolstered Teamsters membership over the years. We believe we’ll continue to find common ground with the Teamsters and reach an agreement that’s good for everyone involved.”

O’Brien is starting negotiations later than past leaders have — just four to five months before the contract expires — and is bringing a different crew. 

Traditionally, the Teamsters’ side of the table is about 80 people, consisting mainly of union leadership. O’Brien is set on bringing in more member voices and making sure the rank and file are in the room. 

This will be UPS CEO Carol Tomé’s first union negotiation, and she’s taking a much more tight-lipped approach.

“We’re going to leave the negotiations at the bargaining table,” she said on the company’s July 26 earnings call, according to a transcript from Sentieo. She also drew a line between UPS and the rest of the delivery workforce. 

“Our workforce is very different than a lot of the workforces that you hear in the media every day that are trying to be organized. They’re not paid the way that our Teamsters are paid. These are great jobs that we value very much,” she said. 

O’Brien has said publicly several times that he plans to use the UPS contract negotiations as an example for other workforces that have yet to unionize — especially Amazon.

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