US stocks started the week on an upbeat note, closing more than 1 per cent higher as investors continued to price in interest rate cuts before the end of the year.

The benchmark S&P 500 gauge added 1 per cent on Monday, while the technology-heavy Nasdaq Composite rose 1.2 per cent, with Nvidia, Micron Technology, Meta and Netflix helping to lead the gains.

Government bond moves were relatively muted, with the policy-sensitive two-year yield advancing 0.03 percentage points to 4.84 per cent as the price of the debt instrument edged lower.

Labour market data on Friday showed US employers added far fewer jobs than expected in April, fuelling optimism about rate relief. 

Late season snowfall breaks historical record for the month of May while also bringing the largest 24-hour total this year

People were digging out from a record-breaking snowstorm in Northern California this weekend, which is something they don’t normally do in May. The snow that accumulated from 8 a.m. Saturday through 8 a.m. Sunday was the largest 24-hour period of snowfall for this water year, said Andrew Schwartz, lead scientist and manager at the Central Sierra Snow Laboratory, a University of California, Berkeley field research station located at Donner Pass in California’s Sierra Nevada mountains. 

Water years are measured from Oct. 1 through Sept. 30. The spring storm brought a whopping 26.4 inches of snow to the Lab.

The Tahoe snowfall also broke 24-hour records for May

While this year is nowhere near the record snowfall seen last water year, this weekend broke records for the month of May. The 26.4 inches seen over the weekend surpassed any other snowstorm on record at the lab, which goes back to 1971. “We regularly receive snowfall at the Snow Lab in May but the accumulation amount for this storm is what made it unique. This storm produced the largest single-day accumulation in May in our digitized records,” Schwartz said.

Here’s how this water year – stacks up against record-breaking 2022-2023 and the median:

2023-2024 Tahoe snowfall slightly above average so far

Aside from a record-breaking weekend, the 2023-2024 season has been normal. “This year was remarkably average, which is something that we rarely get in the Sierra Nevada,” said Schwartz.

While the 2023-2024 season isn’t officially over, here are this year’s snowfall totals, compared with previous water year data from the Snow Lab:

The popular ski resort Palisades in nearby Olympic Valley also confirmed receiving 26 inches in a post to X, formerly Twitter. The resort plans to remain open through Memorial Day.

“We did end up slightly above average for our total snowfall and snow water equivalent, so it has been a good year overall,” said Schwartz.

North Carolina Department of the Secretary of State
Charitable Solicitation Licensing Division
P.O. Box 29622
Raleigh, NC 27626-0622
Telephone: 919-814-5400
1. Application Type: ☐ Initial ☑ Renewal
2. Applicant’s Full Business Legal Name:
Compass Direct LLC
CAROLINA
4. Applicant’s Principal Street Address: 300 Independence Ave SE
City: Washington
State: DC
Fund-Raising Consultant
License Application
Form Issue Date: 10/21/2003 Revised 2/16/18
Page 1 of 2
3. Applicant’s Principal Telephone Number:
(202) 318-5050
5. Applicant’s Mailing Address: c/o Charles H. Nave, P.C., 316 Mountain Avenue SW
City: Roanoke
6. Applicant’s Internet Site Address:
N/A
Zip Code: 20003
State: VA
Zip Code: 24016
7. Applicant’s Contact Person Email Address:
secretary@compassprofessional.com
8. Legal Form of Applicant’s Business:
☐ Sole Proprietor/Individual
☑ Limited Liability Corporation
☐ Corporation
Limited Liability Partnership
☐ General Partnership
☐ Other
9. Applicant’s State of Establishment:
Delaware
10. Applicant’s Date of Establishment:
7/24/2023
11. For non-NC corporations: Provide either of the following to verify the applicant’s current legal existence:
1. Certificate of Existence or Certificate of Good Standing from state of incorporation dated no more than six months prior to
date of signing of application, or
2. Actual webpage screenshot found on a publicly accessible regulatory authority website dated no more than thirty (30) days prior to
the date the license application was signed that includes the following elements:
•
Exact name of the entity as it appears on the license application; and
•
Language clearly verifying its status as a corporation in good standing in the state of incorporation (i.e. “current” or “active”); and
• Date the information was printed on the face of the document.
For un-incorporated NC applicants: Provide a copy of your assumed name certificate filed with the register of deeds, showing the register of deeds’
stamp.
12. If Applicant’s principal place of business is located outside North Carolina, ATTACH list of street addresses of any applicant offices located in
North Carolina.
ATTACHMENT 12 included? ☐ Yes ☑ No NC office
☐ Yes
13. Are ANY of applicant’s’ owners, directors, officers, or employees RELATED as parent, spouse, child, or sibling to ANY of applicant’s other
directors, officers, owners, or employees?
☐ Yes ☑ No
If answer is YES, attach a brief written explanation. ATTACHMENT 13 included? ☐ Yes
14. Are ANY of applicant’s’ owners, directors, officers, or employees RELATED as parent, spouse, child, or sibling to ANY officer, director,
trustee, or employee of any charitable organization or sponsor under contract with applicant?
☐ Yes ☑ No
If answer is YES, attach a brief written explanation, ATTACHMENT 14 included?
15. Are ANY of applicant’s’ owners, directors, officers, or employees RELATED as parent, spouse, child, or sibling to ANY supplier or vendor
providing goods or services to any charitable organization or sponsor under contract with the applicant?
☐ Yes ☑ No
If answer is YES, attach a brief written explanation. ATTACHMENT 15 included? ☐ Yes
16. Within the last five (5) years, has the applicant, or any of the applicant’s directors, officers, employees, agents, or persons with a controlling
interest in the applicant been convicted of ANY felony?
☐ Yes ☑ No
ATTACHMENT 16 included? ☐ Yes
If answer is YES, attach a brief written explanation.
17. Within the last five (5) years, has the applicant, or any of the applicant’s directors, officers, employees, agents, or persons with a controlling
interest in the applicant been convicted of ANY misdemeanor arising from the conduct of a solicitation for ANY charitable organization or sponsor
OR charitable or sponsor purpose?
If answer is YES, attach a brief written explanation.
☐ Yes ☑ No
ATTACHMENT 17 included? ☐ Yes
18. Within the last five (5) years, has the applicant, or any of the applicant’s directors, officers, employees, agents, or persons with a controlling
interest in the applicant been enjoined from violating ANY charitable solicitation law in this or ANY other state?
☐ Yes ☑ No
ATTACHMENT 18 included?
If answer is YES, attach a brief written explanation.
Yes
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