Median home price in Ada County surpasses $500,000

In Ada County, the median price for a single-family home was $523,250 last month, a year-over-year increase of about 45.4% from May 2020’s $360,000. ADA COUNTY, Idaho — Median home prices in the Treasure Valley increased again in May, with the median home price of a home in Ada County rising above $500,000 for the … Read more

The price of goods leaving China’s factories is rising at its fastest pace in 13 years

China is getting pummeled by rising costs that have pushed producer price inflation to its highest level in nearly 13 years. Surging inflation in the world’s factory threatens to spill over into the rest of the globe and drive prices that were already ballooning even higher. But economists also say the pressure could begin to … Read more

How will insurers cover a new Alzheimer’s drug?

Health care experts expect broad coverage of the drug, but what that means for patients will vary widely depending on their insurance plan. WASHINGTON — Federal regulators have approved the first new drug for Alzheimer’s disease in nearly 20 years, leaving patients waiting to see how insurers will handle the pricey new treatment. Health care … Read more

First on CNN Business: Asia’s fake pork titan sets its sights on the next ‘big’ thing

OmniFoods, the Hong Kong startup best known for its fake pork product “OmniPork,” is jumping on what it sees as the next phenomenon: plant-based seafood. In an announcement first shared with CNN Business, the company said Tuesday it is launching a new line of products that include alternatives to fish fillets, fish burgers and cuts … Read more

Hotel occupancy ramping back up in Treasure Valley

After 2020, tourism industry leaders believe they could soon be back on track. BOISE, Idaho — The weekend of Boise State University’s graduation in May, The Grove Hotel’s lobby was full. Elevators slowed. And the quiet of the previous 15 months was replaced by a stirring chatter. The scenes reminded Vicki Carley of what it was like … Read more

Gilberts to leave University District

University District Development Association CEO Lars Gilberts plans to step down by the end of the month to become assistant vice president of community development and impact at Numerica Credit Union. A Numerica press release states Gilberts will “drive the credit union’s diversity, equity, and inclusion efforts as it pertains to member outreach and access” in the new role. Gilberts, a … Read more

Chinese women were already discriminated in the workplace. A three-child policy might make things worse

When Janice Zhang went job hunting in March, at every interview the 33-year-old was asked the same question: Was she married yet? Zhang works in human resources in the Chinese city of Chengdu, so is familiar with the concerns her potential employers had in mind — because she’s asked them herself. Would she be pregnant … Read more

Did you get unemployment in 2020? Millions will see extra refund soon

The IRS said Friday it now believes about 13 million taxpayers may be eligible for these extra refunds. Here’s the updated timeline for those payments. WASHINGTON — The Internal Revenue Service said Friday it will be sending millions of refunds this week to taxpayers due money for taxes they paid on unemployment benefits. Who are getting … Read more

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