Americans Are , Expected to Bet , $23.1 Billion on the Super Bowl.
Two-thirds of U.S. adults live in places where sports betting is legal, ESPN reports.
.
On Feb.
6, the American Gaming
Association (AGA) released results of a
survey conducted by Morning Consult.
.
2,204 adults were surveyed to find out if they'll be placing bets on this year's big game.
.
AGA president and CEO Bill Miller issued
a statement about the survey results.
.
As the Super Bowl comes to Las Vegas
for the first time, this year's record
interest in wagering marks a full circle
moment for the U.S. gaming industry.
, AGA president and CEO Bill Miller, via statement.
Our priority remains getting this opportunity
right by providing the consumer protections
only a regulated market can guarantee and
investing in responsible gambling tools,
safeguards and education, AGA president and CEO Bill Miller, via statement.
26% of adult Americans could end up betting a combined total of $23.1 billion as the
Chiefs take on the 49ers at Super Bowl LVIII.
Eilers & Krejcik Gaming, a research firm, predicts that $1.25 billion worth of bets will be placed with American sportsbooks.
While 25% will be same-game parlays,
and 15% of bets will be made after kickoff.
.
Last week, Caesars Sportsbook said that it received a
$1 million bet that the 49ers will win and a $100,000 bet
that the coin flip to start the game will be tails.
Last week, Caesars Sportsbook said that it received a
$1 million bet that the 49ers will win and a $100,000 bet
that the coin flip to start the game will be tails.
Credit Card Delinquencies , Are on the Rise.
New York Federal Reserve data that was published on May 15 shows that credit card delinquencies kept rising from January to March, Fox Business reports. .
In Q1 2024, delinquencies reached
8.9% at an annualized rate.
America hasn't seen this high of a
percentage of serious credit card
delinquencies since 2012, Fox News reports. .
In the first quarter of 2024, credit
card and auto loan transition rates
into serious delinquency continued
to rise across all age groups, Joelle Scally, regional economic principal within the Household and
Public Policy Research Division at the New York Fed, via Fox Business.
An increasing number of borrowers
missed credit card payments,
revealing worsening financial
distress among some households, Joelle Scally, regional economic principal within the Household and
Public Policy Research Division at the New York Fed, via Fox Business.
Researchers aren't sure why delinquencies
are so high since the unemployment rate
is low, but they have a few theories.
One of those theories is that consumers drained savings throughout the pandemic
but continue to spend at high levels.
Another theory is that some Americans switched to jobs with lower salaries.
Additionally, credit card eligibility may have been expanded for many whose student debt wasn't being reported to credit bureaus amid the pandemic.
These are all kinds of complex issues.
We don't exactly know what's behind the
increase of these delinquency rates. But it's
definitely something that we're tracking, New York Fed researchers, via Fox Business.
The average annual percentage rate for
credit cards hit a record of 20.72% recently.
Credit: Wibbitz Top Stories Duration: 01:31Published
Experts Question Claim , That Yogurt Can Help , Prevent Type 2 Diabetes.
Associated Press reports that the United States Food
and Drug Association's recently allowed yogurt
producers to claim it reduces the risk of Type 2 diabetes. .
However, at the time, the agency acknowledged
that the claim is based on limited evidence.
In 2018, Danone North America, the U.S. side
of the French firm, sought FDA clearance
for making the "qualified health claim.".
Qualified health claims lack full scientific support
but are allowed as long as manufacturers include
a disclaimer to avoid misleading the public.
Similar qualified health claims have been
allowed for dietary supplements since
2000 and for food products since 2002. .
In March of 2024,
the FDA granted
Danone's request. .
According to the FDA, there is some evidence
that eating at least 2 cups of yogurt a week
could reduce the risk of developing Type 2
diabetes, which impacts about 36 million Americans.
Critics of the FDA's decision have countered
that the claim is not based on randomized
control trials which could prove or disprove
yogurt's purported health benefits.
Critics of the FDA's decision have countered
that the claim is not based on randomized
control trials which could prove or disprove
yogurt's purported health benefits.
The Center for Science in the Public
Interest, an advocacy group, cautions
that no single food can reduce the risk of
developing a disease linked to overall diet.
AP reports that experts have expressed
concerns that the label change could encourage
people to eat yogurt high in sugar, which could
increase the risk of developing diabetes
Credit: Wibbitz Top Stories Duration: 01:31Published
FTC to Decide , Whether Noncompete Agreements , Should Be Banned.
After receiving over 26,000 public comments about the issue, the Federal Trade Commission is set to deliver its verdict on April 30, NPR reports. .
The commission said that if approved, the
final rule "would generally prevent most
employers from using noncompete clauses.".
The commission said that if approved, the
final rule "would generally prevent most
employers from using noncompete clauses.".
Approximately one in five Americans, spanning minimum wage workers to CEOs, are subject to noncompete agreements, the FTC estimates. .
The Biden administration says that these types of agreements hurt workers by decreasing wages.
The White House also argues that these
agreements harm the U.S. economy because entrepreneurship isn't allowed to freely flourish. .
FTC Chair Lina M. Khan issued a statement when
the proposed ban was initially introduced.
The freedom to change jobs is
core to economic liberty and to
a competitive, thriving economy, FTC Chair Lina M. Khan, via statement.
Noncompetes block workers from
freely switching jobs, depriving
them of higher wages and better
working conditions, and depriving
businesses of a talent pool that
they need to build and expand, FTC Chair Lina M. Khan, via statement.
Businesses argue that noncompete agreements are essential for safeguarding investments and proprietary information.
Those businesses also question whether
the agency has the power "to regulate
such agreements," NPR reports. .
If the FTC votes to issue a final rule, enforcement wouldn't occur for 180 days,
and legal challenges would likely ensue.
Credit: Wibbitz Top Stories Duration: 01:31Published
Millennials Want a 4-Day Workweek, , Poll Indicates.
Redfield and Wilton Strategies recently conducted a poll for 'Newsweek' to find
out how Americans feel about the idea of moving toward a four-day workweek.
4,000 U.S. voters were
surveyed between April 6 and 7.
63% were in favor of a four-day workweek.
46% think the model makes
employees more productive.
Out of all age groups surveyed,
millennials accounted for 74% of those
who want to work less hours.
Of that 74%, 44% "were strongly in favor of a shorter working week," 'Newsweek' reports.
50% of people born in 1964 and before supported a four-day workweek.
The results come as more companies are adopting shorter workweeks, and politicians are pushing to advance the trend in Congress.
The results come as more companies are adopting shorter workweeks, and politicians are pushing to advance the trend in Congress.
The sad reality is, Americans now
work more hours than the people
of most other wealthy nations, Bernie Sanders, via March 2024 health committee hearing.
Lisa Countryman-Quiroz, CEO of non-profit JVS, called a 5-day, 40-hour workweek outdated.
The five-day workweek was created in a
different time. It served its purpose, but
today's world is more fast-paced and
technology-driven than our workplace
predecessors could have imagined, Lisa Countryman-Quiroz, CEO of non-profit JVS, via 'Newsweek'.
Since implementing a
four-day workweek, our
results have been incredible. , Lisa Countryman-Quiroz, CEO of non-profit JVS, via 'Newsweek'.
We've found our employees are more
productive, report better work-life balance,
and experience less burnout. Incredibly, our
turnover rate has been cut nearly in half, Lisa Countryman-Quiroz, CEO of non-profit JVS, via 'Newsweek'
Credit: Wibbitz Top Stories Duration: 01:31Published
Biden Looks to Energize , Young Voters With Earth Day , Solar Energy Grants.
Biden Looks to Energize , Young Voters With Earth Day , Solar Energy Grants.
NBC reports that President Joe Biden will mark
Earth Day with the announcement of $7 billion
in federal grants for residential solar projects.
NBC reports that President Joe Biden will mark
Earth Day with the announcement of $7 billion
in federal grants for residential solar projects.
The grants will bring solar energy
to over 900,000 households in both
low- and middle-income communities. .
According to senior administration officials, the
projects receiving additional funding will reduce emissions
by 30 million metric tons and save $350 million every year. .
According to senior administration officials, the
projects receiving additional funding will reduce emissions
by 30 million metric tons and save $350 million every year. .
NBC reports that solar power has gained
traction as a clean energy source that could
help reduce U.S. reliance on fossil fuels.
However, the high cost of initial installation
makes solar energy inaccessible
for many households in the U.S.
However, the high cost of initial installation
makes solar energy inaccessible
for many households in the U.S.
49 of the new grants will be awarded at
the state level, six more will serve Native American
tribes and another five are multi-state awards.
The grants will be used for renewable
investments that include rooftop solar
and community solar gardens. .
The grants will be used for renewable
investments that include rooftop solar
and community solar gardens. .
Officials say that the latest environmental
announcements are part of an effort to energize
young voters ahead of his upcoming reelection campaign.
Biden also reportedly plans to expand the
American Climate Corps green jobs training program,
which was created last year by executive action. .
Biden also reportedly plans to expand the
American Climate Corps green jobs training program,
which was created last year by executive action. .
The corps, which will offer nearly 2,000 positions across
36 states, is meant to offer young Americans the chance
to help enact the Biden administration's climate agenda. .
The corps, which will offer nearly 2,000 positions across
36 states, is meant to offer young Americans the chance
to help enact the Biden administration's climate agenda.
Credit: Wibbitz Top Stories Duration: 01:31Published
Connecticut Sun Sells Out First Opener in Decades , Amid Caitlin Clark Debut.
Clark's WNBA regular-season debut against the
Sun will take place in Connecticut on May 14.
Clark's WNBA regular-season debut against the
Sun will take place in Connecticut on May 14.
It was revealed on May 13 that
the matchup has been sold out. .
It was revealed on May 13 that
the matchup has been sold out. .
The Sun hasn't sold out a home opener
since 2003, ESPN reports. .
Sold-out games aren't anything
new for 22-year-old Clark.
Sold-out games aren't anything
new for 22-year-old Clark.
The former University of Iowa star
routinely enjoyed packed NCAA stadiums
and has been drawing record-breaking attendance for WNBA pre-season games.
The former University of Iowa star
routinely enjoyed packed NCAA stadiums
and has been drawing record-breaking attendance for WNBA pre-season games.
For me, this is the best part of it. You've
got to go out and compete every single
night, and if one night is not good for
us, you have an opportunity to come
back a couple days later and respond, Caitlin Clark, via ESPN.
Some WNBA opponents have
been moving games to bigger venues
to cater to the "Caitlin Clark Effect." .
Despite not making it to the playoffs
since 2016, the Fever, which drafted
Clark as the No. 1 overall pick, .
will have 36 of its 40 regular-season
games nationally televised. .
The March 14 game will tip off at 7:30 p.m. ET.
The March 14 game will tip off at 7:30 p.m. ET
Credit: Wibbitz Top Stories Duration: 01:31Published
Caitlin Clark Selected No. 1 Overall , by Indiana Fever in 2024 WNBA Draft.
The WNBA draft took place on April 15
at the Brooklyn Academy of Music.
The WNBA draft took place on April 15
at the Brooklyn Academy of Music.
Clark, the record-breaking NCAA star who's amplified interest in women's basketball, is headed to play with Indiana, ESPN reports. .
Clark, the record-breaking NCAA star who's amplified interest in women's basketball, is headed to play with Indiana, ESPN reports. .
I dreamed of this moment since I was in
second grade, and it's taken a lot of hard
work, a lot of ups and downs, but more
than anything, just trying to soak it in, Caitlin Clark, via statement.
The last time that the Fever won a
WNBA title was in 2012, ESPN reports. .
The last time that the Fever won a
WNBA title was in 2012, ESPN reports. .
But Clark is determined to help the team
"get back to championship habits." .
I'm very lucky to be going there
to an organization that really
loves women's basketball, Caitlin Clark, via statement.
You see it today, I think they had 17,000
tickets claimed to just watch the draft.
I think that shows the excitement in
Indianapolis. It's a great basketball city, Caitlin Clark, via statement.
For myself, I can't imagine a more perfect
fit, a better place for me to start my
professional career, an organization that
really just believes in women's basketball
and wants to do everything the right way. , Caitlin Clark, via statement.
So I couldn't be more
excited to get there, Caitlin Clark, via statement.
Other top WNBA picks include
Cameron Brink and Rickea Jackson,
who are headed to the Los Angeles Sparks.
Other top WNBA picks include
Cameron Brink and Rickea Jackson,
who are headed to the Los Angeles Sparks.
and Kamilla Cardoso and Angel Reese,
who will play with the Chicago Sky.
and Kamilla Cardoso and Angel Reese,
who will play with the Chicago Sky
Credit: Wibbitz Top Stories Duration: 01:31Published
Ex-Ohtani Interpreter , Likely to Face Federal Charges, Sources Say.
NBC reports that Shohei Ohtani's former interpreter
may face federal charges in connection with a
gambling investigation into a California bookie. .
According to sources, Ohtani has
been assisting with the investigation.
The news from NBC follows a similar report by TMZ
that Ippei Mizuhara, the former Ohtani interpreter,
will be facing charges by federal authorities.
On March 21, Mizuhara was fired by the L.A. Dodgers
after attorneys representing Ohtani alleged
"massive theft" had occurred related to sports gambling.
On March 21, Mizuhara was fired by the L.A. Dodgers
after attorneys representing Ohtani alleged
"massive theft" had occurred related to sports gambling.
In response, Major League Baseball , opened an investigation. .
On March 25, Ohtani made his first public comments on
the matter, saying that he had been betrayed and lied to,
while denying any involvement in gambling.
I’m very saddened and
shocked that someone
who I trusted has done this, Shohei Ohtani, via NBC.
Ippei has been stealing
money from my account
and has told lies, Shohei Ohtani, via NBC.
NBC reports that Mizuhara is both Ohtani's
interpreter and long-time friend who has had
a constant presence beside the baseball phenom.
The scandal, involving over $4.5 million in wire transfers
from Ohtani's account, was brought to light
following reports by ESPN and the 'Los Angeles Times.'
Credit: Wibbitz Top Stories Duration: 01:30Published
OJ Simpson , Dead at 76.
The football star and actor who was acquitted of murder charges in the '90s has died after battling prostate cancer, ESPN reports. .
His family took to X on April 10
to share the news of his death. .
On April 10th, our father,
Orenthal James Simpson,
succumbed to his battle with cancer. , O.J. Simpson's family, via X.
He was surrounded by his
children and grandchildren. , O.J. Simpson's family, via X.
During this time of transition, his family
asks that you please respect their
wishes for privacy and grace, O.J. Simpson's family, via X.
Simpson played in the NFL for 11 seasons, nine of which were with the Buffalo Bills.
But his football career was overshadowed by the murders of his ex-wife, Nicole Brown,
and her friend, Ronald Goldman, in 1994.
But his football career was overshadowed by the murders of his ex-wife, Nicole Brown,
and her friend, Ronald Goldman, in 1994.
Simpson, a murder suspect at the time, famously led L.A. police on a low-speed chase in a white Ford Bronco driven by Al Cowlings.
About 95 million people tuned
in to watch the televised chase.
About 95 million people tuned
in to watch the televised chase.
In 1995, Simpson was found not guilty of murder, but in 1997, he was found liable for the two deaths and was ordered to pay the victims' family members $33.5 million.
At the age of 61, Simpson was imprisoned
for armed robbery and other felonies. .
He served a nine-year sentence.
Credit: Wibbitz Top Stories Duration: 01:30Published
Caitlin Clark , Has No Regrets , Following Loss
to South Carolina.
Clark and the Iowa Hawkeyes lost 87-75
to the South Carolina Gamecocks in the national championship game on April 7.
Even though the Hawkeyes lost in the finals both
this year to South Carolina and last year to LSU, .
Iowa had only made it to the Final Four
one other time in 1993, ESPN reports. .
Iowa had only made it to the Final Four
one other time in 1993, ESPN reports. .
When I reflect back on my
[Iowa] career, I know I gave
it every single thing I had, Caitlin Clark, via statement.
Basically, everybody believed
there's no way Iowa was making
the Final Four once. But to do it
twice? That's pretty incredible, Caitlin Clark, via statement.
Clark also said that she has no regrets
about how her college career ended. .
Clark also said that she has no regrets
about how her college career ended. .
Whether it's the way the fans have
supported me, the way I've been able
to represent my state where I grew up,
my family being at every single game -- , Caitlin Clark, via statement.
... there's not a regret in my
mind of how things went, Caitlin Clark, via statement.
I'll be able to sleep every night
even though I never won a
national championship, Caitlin Clark, via statement.
Clark leaves Iowa as one of the
best players in NCAA history.
Clark leaves Iowa as one of the
best players in NCAA history.
She had 3,951 points, 1,144 assists and 990 rebounds throughout the course of her college career.
Clark has her eyes set on the WNBA next. She's expected to be the No. 1 draft pick by the Indiana Fever on April 15, ESPN reports. .
Clark has her eyes set on the WNBA next. She's expected to be the No. 1 draft pick by the Indiana Fever on April 15, ESPN reports.
Credit: Wibbitz Top Stories Duration: 01:30Published
On episode 28 of Loomer Unleashed, Laura is joined by U.S. Senator JD Vance to discuss the U.S. Senate's outrageous Ukraine-Israel-Taiwan aid bill that was passed at 5 AM this morning while..
Dave Rubin of “The Rubin Report” talks about the Super Bowl; Valuetainment’s Patrick Bet-David getting liberal Hollywood actor Michael Rapaport to admit that he was wrong about Donald Trump on..
Study Reveals America's , Favorite Super Bowl Snack.
Bid-on-equipment.com released
findings from Google detailing the most
popular foods for Sunday's big game.
Even though Americans will..
Credit: Wibbitz Top Stories Duration: 00:57Published
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