Millennials are not saving, but holiday spending is up. by: Marc RapportThe holidays are here. It’s a cheery time, full of family and friends … and the gnashing of teeth about the spending and saving habits of the body politic.That casualty-free blood sport includes annual forecasts on holiday spending, such as the 15th annual survey from CUNA and the Consumer Federation of America. This year, it found that 33% of Americans said they would shell out more this year than last.Not very promising from the growth-is-good perspective, but the big trade does point out that less people are reporting they’re spending less than in the past several years. Heck, 55% said they were in the 2008 survey, during the height of the recession.“Top-line results from an economic perspective are encouraging and holiday spending almost certainly will increase this year,” says Mike Schenk, CUNA senior economist. “However, elements of our survey underscore the fact many consumers continue to reflect significant concerns about their personal finances — most especially in the realm of weak income gains.”Indeed, nearly half of the respondents — a representative cross section of 1,009 Americans questioned by phone Oct. 30-Nov. 2 — say they would not have an extra $1,000 needed to pay an unexpected expense. Lower-income households also reported much smaller income gains than higher-income households, the survey found, adding to the nation’s growing gap between haves and have-nots. continue reading » ShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr
1:32 P.M. UPDATE The sheriff’s office says Skinner was intoxicated. He was charged with vehicular manslaughter in the 1st degree and DWI with a prior conviction within the last 10 years, Both felonies. According to the Ithaca Journal, Gavalchin was a Cornell University professor. She died at Cortland Regional Medical Center. The Tompkins County Sheriff’s Office says 64-year-old Jerrie Gavalachin was killed when 43-year-old Jeffrey C. Skinner of Groton struck her on her bicycle with his truck. —– Authorities say Gavalchin’s bicycle was embedded into Skinner’s truck. Skinner was arraigned and released under the supervision of the county’s probation department. A statement by the university can read by clicking here. GROTON, N.Y (WBNG) — Cornell University has confirmed with 12 News Jerrie Gavalachin was a professor at the university. GROTON, N.Y. (WBNG) — Authorities say a woman was killed after being struck by a vehicle on Lick Street in the town of Groton Monday evening. He was also charged with leaving the scene of a personal injury motor vehicle accident, a misdemeanor. The New York State Police, Groton Police Department and Groton Fire Department assisted with the investigation.
Our Sports ReporterGUWAHATI: Former captain of Indian volleyball team Abhijit Bhattacharya, who is actively associated with former players to promote the game in Assam, is sharing a different plan they have chalked out. Bhattacharya, who is currently posted to Delhi and works with ONGC as a senior HR executive, also spoke about the campaign started by the former players to make the State plastic free. Here is the excerpt.The Sentinel (TS): Tell us about the campaign that the former volleyball players of the State started to make the state plastic free.Abhijit Bhattacharya (AB): Obviously the aim behind this campaign is to keep the environment free from plastic. However, at the same time, we also want to promote volleyball in the State through this campaign.TS: Interesting. First you speak in detail about the campaign against plastic.AB: We have started the campaign very recently in Guwahati. As per our plan different volleyball clubs and the associations will collect plastic items from their localities. On October 2 they will visit Guwahati and deposit all the items to us. We will hand them over to the authorities concerned.TS: How will it make an impact on the development of the game in the State?AB: Actually, we, the former players of the state, have recently come together to start a campaign— Mission 100. Rangoni Youth Sports Foundation of Tezpur is giving us logistic support. We’ve divided the mission in three parts— 100 balls, 100 players and 100 clubs – and it would be implemented in phases. At the same time we decided to start the campaign against plastic. We’ve approached ONGC seeking help in this regard, and have received positive response. They will provide us balls, jerseys and other equipment. The players and organizations, who are the part of this campaign, will receive a good number of balls and other equipment on October 2 in exchange of plastic.TS: Please highlight the ‘Mission 100’ campaign.AB: ‘Mission 100’campaign is started to promote volleyball in the State. The former players of the State feel that we need to work at the grassroots level to promote the game in the State. Volleyball is undoubtedly one of the most popular games in Assam, but there is dearth of proper infrastructure for it. Even the players don’t get sufficient number of balls for their regular practice. So, we have decided to arrange different facilities with some proper planning. Our first target is to distribute 100 balls, and if possible more balls to different academies and clubs spread across the State. In the second and third phases, we will try to produce 100 quality players in as many good clubs. We will also invite our national coach to Assam to train our coaches and will prepare a data base for the upcoming players.Also Read: Indian Spikers Settle for Silver in U-23 Asian Volleyball ChampionshipAlso Watch: Assam NRC: Pradesh Congress Committee team led by Ripun Bora reached Tinsukia