Chemung County introduces new transit buses
Announced in a release from the Chemung County Executive's Office, Chris Moss asks Courtney Dunn, Chemung County's Transit Manager questions about Chemung County's new transit buses in a special sneak peek video.
Dunn explained the bus being shown in the video is one of five brand new buses that were ordered by the county, and each cost about $530,000, she further stated, only three of the five have come in so far.
The expenses are 80% federally funded and the other 20% split, with 10% coming from the county and the remaining 10% from New York State, Dunn said.
Potential expansion to include semi-truck parking coming to gas station in Elmira
The outside of the new buses is a lighter shade of green with a white swirl design on the side, Dunn said it's a total rebrand of the old buses.
'We did a marketing, rebranding, it started last year with Idea Kraft out of Binghamton, so it's just something fresh and new, showing people that we're on the map, because we are,' Dunn explained. 'So you'll see the little map, like the location dot on the side of the bus, it's just showing that we're out here and we'll get you where you need to go,' she said.
A couple of the buses are slated to hit the streets the week of Monday, May 26, Dunn exclaimed. The routes of the new buses aren't solidified, but Dunn said the plan is to spread the new buses throughout the county, with each switching routes.
To check out the video of the new bus, Moss explained, people can visit https://chemungcountyny.gov/NewBuses.
Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
14 minutes ago
- Yahoo
Trump Tariffs Get Seal of Approval as S&P Affirms Credit Rating
(Bloomberg) -- S&P Global Ratings said revenues from Donald Trump's tariffs will help soften the blow to the US's fiscal health from the president's tax cuts, enabling it to maintain its current credit grade. While Trump's trade war has roiled markets, unnerved foreign governments and provoked criticism from leading economists, S&P affirmed its AA+ long-term rating for the US. A Photographer's Pipe Dream: Capturing New York's Vast Water System Chicago Schools Seeks $1 Billion of Short-Term Debt as Cash Gone A London Apartment Tower With Echoes of Victorian Rail and Ancient Rome Festivals and Parades Are Canceled Amid US Immigration Anxiety Princeton Plans New Budget Cuts as Pressure From Trump Builds This is in part because it reckons money flowing from the levies will offset the impact on the US's budget position from the recent tax and spending bill. It kept the outlook for the long-term rating stable. 'Amid the rise in effective tariff rates, we expect meaningful tariff revenue to generally offset weaker fiscal outcomes that might otherwise be associated with the recent fiscal legislation, which contains both cuts and increases in tax and spending,' analysts including Lisa Schineller wrote in a report. The decision offers a glimmer of good news for Trump by endorsing one of his arguments that imposing tariffs is already helping to improve the nation's fiscal position. Tariff revenue reached a fresh monthly record in July, with customs duties climbing to $28 billion. The views of ratings agencies have had an important impact on the world's biggest bond market this year. Yields on 30-year Treasuries jumped above 5% in May as tariff fears and Trump's multi-trillion dollar tax bill roiled global markets. On Tuesday however the 30-year yield inched higher to around 4.94%, while those on benchmark 10-year yields edged up to 4.34%, pointing to a muted short-term impact from the S&P report. S&P said the stable outlook indicates its expectation that while the fiscal deficit won't meaningfully improve, it also won't persistently deteriorate over the next several years. The agency expects net general government debt to surpass 100% of GDP over the next three years, but it thinks the general government deficit will average 6% from 2025 to 2028, down from 7.5% last year. Buy America Whether tariffs will give the US a meaningful revenue boost is a subject of debate among economists, who point to an apparent contradiction at the heart of Trump's approach: the revenues rely on trade, but Trump has also attempted to pull production back to the US and encourage consumers to buy American-made products — moves that would undercut future levy receipts. The White House didn't immediately reply to a request for comment out of hours. US Treasury Secretary Scott Bessent has said tariff revenues for all of 2025 could be 'well in excess of 1% of GDP,' revising his previous estimate of $300 billion. But the bipartisan Congressional Budget Office estimates the recently passed budget bill will add $3.4 trillion to the deficit over the next 10 years. 'These are still small nuances close to the top of the credit ratings hierarchy and it doesn't signal any material change in the US fiscal health, which is a complex issue,' said Homin Lee, senior macro strategist at Lombard Odier Ltd. in Singapore. What Bloomberg Strategists Say... 'The pressures on the Fed to again consider defying rates markets and hold next month just received a (rather modest) boost as S&P Global Ratings delivered a solid report card for the US's economy and outlook.' Garfield Reynolds, MLIV Team Leader. Read more on MLIV. The US lost its last top rating from the big three credit companies in May, when Moody's Ratings lowered the country from Aaa to Aa1. It blamed successive administrations and Congress for swelling budget deficits that it said show little sign of abating. Fitch Ratings and S&P had previously downgraded the US from AAA. The S&P report could be a positive for the dollar after Trump's tax and spending bill cast doubts on the sustainability of US debt, said Fiona Lim, a senior currency strategist at Malayan Banking Bhd. Still, the more lasting driver for the greenback will come from Federal Reserve minutes, as well as Fed Chair Jerome Powell's speech in Jackson Hole on Friday, she said. A gauge of the dollar was flat on Tuesday. --With assistance from Matthew Burgess. (Adds context throughout, fresh prices) Foreigners Are Buying US Homes Again While Americans Get Sidelined What Declining Cardboard Box Sales Tell Us About the US Economy Women's Earnings Never Really Recover After They Have Children Americans Are Getting Priced Out of Homeownership at Record Rates Yosemite Employee Fired After Flying Trans Pride Flag ©2025 Bloomberg L.P.
Digital Trends
15 minutes ago
- Digital Trends
RTX 40-series GPUs just got smoother gameplay with Nvidia's latest update
Out with the old, in with the new. According to Board Channels, Nvidia has now halted production for nearly all of its best graphics cards as it shifts focus to the RTX 50-series. Only one GPU remains in production, and some of the cards that are the most in demand are no longer being produced. Nvidia hasn't officially announced that it's sunsetting the RTX 40-series, but we've been hearing more and more reports that imply that might be the case. The RTX 4090 was among the first cards to go out of production, and the discontinuation appears to have immediately affected the markets. Nvidia's behemoth flagship was hard to come by at the best of times, and now, as no more new units are being produced, it's safe to assume that this situation won't improve. The cheapest RTX 4090 I could find on Amazon costs nearly $2,000, but you can still snag one for $1,900 at Newegg .
Yahoo
24 minutes ago
- Yahoo
Here Are My Top 2 Mining Stocks to Buy Now
Key Points Newmont is catching tailwinds from record-high gold prices, delivering record free cash flow in Q2. MP Materials has secured major deals with the DoD and Apple, but faces near-term revenue pressure. 10 stocks we like better than Newmont › Mining companies have a reputation for being boom or bust. They can be defensive, cyclical, and -- if you pick right -- pretty rewarding over the long haul. Invest in Gold American Hartford Gold: #1 Precious Metals Dealer in the Nation Priority Gold: Up to $15k in Free Silver + Zero Account Fees on Qualifying Purchase Thor Metals Group: Best Overall Gold IRA Right now, two mining stocks that stand out to me are Newmont (NYSE: NEM) and MP Materials (NYSE: MP). One is a gold miner with a huge global presence and a gold market that's tilting in its favor. The other is America's rare-earth champion, or, rather, one of the few domestic sources for metals critical to defense, tech, and clean energy. The first leans on demand that's been around for centuries, while the second is still out to prove its story. Let's start with the steadier of the two. 1. Newmont Newmont is the world's largest gold miner, with operations spanning five continents. It's about as close to a blue-chip gold stock as you can get, with steady cash flow, global scale, and a front-row seat to the gold price show. Speaking of which, gold prices have been on a tear in 2025. Just consider this: the average quarterly price for an ounce of gold hit an all-time high of $3,280.35 in June, an increase of 40% year over year and 15% from the previous quarter. JP Morgan now sees gold prices crossing $4,000 by the second quarter of next year, while Goldman Sachs is projecting a range of $3,650 to $3,950. If either of those predictions comes true (and let's be clear -- they are only predictions), strong tailwinds would fluff up the sails of Newmont. Already, the company has sailed high on the strength of gold this year. In Q2, it turned out about 1.5 million attributable ounces at an all-in sustaining cost (AISC) of $1,375 per ounce -- good enough to deliver a record $1.7 billion in free cash flow. That kind of cash covers the dividend (currently yielding about 1.45%) and funds a $3 billion stock buyback program. Shares are up nearly 80% this year on the back of those results, yet Newmont still doesn't look expensive. Its enterprise value is just over 6.5 times earnings before interest, taxes, depreciation, and amortization (EBITDA), below the industry's usual 7-to-8 range and under its own long-term average. With gold's backdrop this strong and a healthy balance sheet, Newmont seems like a good buy for the long term. 2. MP Materials MP Materials runs the only rare-earth mine in the United States, which produces elements like neodymium and praseodymium (NdPr). These metals are essential for producing high-strength magnets used in everything from smartphones to electric vehicles to wind turbines and fighter jets. Currently, China is the dominant producer of these and other rare-earth metals. But MP Materials' Mountain Pass mine in California could give the U.S. a strategic foothold in securing its own supply chain. That fact alone has opened doors: a major Department of Defense contract that includes a price floor for NdPR at $110 per kilogram and a $500 million supply deal with Apple for magnets used in its devices. Production has been ramping up fast. In the second quarter of 2025, MP Materials' NdPr production reached 597 metric tons, a record high. And with management expecting production to rise 10% to 20% over the next quarter, that record might not last. Meanwhile, losses narrowed more than expected, with a $0.13 per-share loss more favorable than the $0.20 that was forecast. Still, a lot of questions remain, especially after MP Materials' decision in April to halt all exports to China, historically its biggest customer. The bet is that government contracts, Apple's magnet orders, and new buyers in the U.S., Japan, and South Korea will more than make up the difference. But the company will have to start selling more refined products instead of raw concentrate, which is problematic considering that its 10X Facility is still years from opening. At the stock's current price, its forward price-to-earnings ratio of about 24 times already bakes in a lot of expectations for growth. That's rich for a miner in transition, especially one that's trading short-term revenue for the promise of downstream integration. For now, MP remains a high-risk, high-reward bet on U.S. supply chain independence -- worth watching, for sure, but best kept as a small holding of a portfolio. Should you invest $1,000 in Newmont right now? Before you buy stock in Newmont, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Newmont wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $649,544!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,113,059!* Now, it's worth noting Stock Advisor's total average return is 1,062% — a market-crushing outperformance compared to 185% for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of August 13, 2025 JPMorgan Chase is an advertising partner of Motley Fool Money. Steven Porrello has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Apple, Goldman Sachs Group, and JPMorgan Chase. The Motley Fool recommends MP Materials. The Motley Fool has a disclosure policy. Here Are My Top 2 Mining Stocks to Buy Now was originally published by The Motley Fool
