US home building is surging, but job growth isn't The resurgent U.S. housing market has sent builders calling again for Richard Vap, who owns a drywall installation company. Vap would love to help - if he could hire enough qualified people. "There is a shortage of manpower," says Vap, owner of South Valley Drywall in Littleton, Colo. More
Wall Street betting billions on single-family homes in distressed markets Big investors are pouring unprecedented amounts of money into real estate hard hit by the housing crash, bringing those moribund markets back to life but raising the prospect of another Wall Street-fueled bubble that won’t be sustainable. More
The Fed Just Cut Rates Again, but Mortgage Rates Keep On Rising Earlier on Thursday, mortgage rates rose again for the sixth consecutive week, hitting a four-month high of 6.79%, according to Freddie Mac. The Fed's latest rate cut, which was universally expected ... 11/10/2024 - 5:10 am | View Link
Mortgage rate changes loom amid Fed rate cuts & Trump presidency Though the Fed was already set to cut rates at least once more before the end of 2024, the modest 0.25% rate cut targeting 4.5%–4.75% indicates that the central bank is proceeding with caution in ... 11/9/2024 - 11:17 am | View Link
The Fed just cut interest rates again, this time by a quarter of a percentage point The Federal Reserve cut interest rates by a quarter of a percent as inflation begins the path to stabilization. 11/8/2024 - 3:34 am | View Link
How the Federal Reserve's Decisions Impact Mortgage Rates The Federal Reserve doesn't directly set mortgage rates, but it influences them by making changes to the federal funds rate, the interest rate that banks charge each other for short-term loans. The ... 11/7/2024 - 6:35 am | View Link
The long, strange saga of the “nonprofit-killer bill” continues. The legislation—officially called HR 9495, or the “Stop Terror Financing and Tax Penalties on American Hostages Act”—would give the Secretary of the Treasury unilateral power to designate nonprofits as suspected “Terrorist Supporting Organizations,” taking away their tax-exempt status unless they are able to prove they are not terrorist supporting.
The bill was unable to meet the two-thirds majority vote it needed to make it through the House last week.
Of the many absurd things Robert F. Kennedy Jr. has said over the years—about vaccines, about 5G technology as a tool of mass surveillance, about Covid being an “ethnically targeted” bioweapon designed to spare Ashkenazi Jews and Chinese people—his claims about HIV and AIDS have been some of the most fact-free.
“He is entirely unqualified.”
Kennedy has suggested there are questions about whether HIV causes AIDS.
Hours before the results started coming in on November 5, when Democrats were still full of hope, the exit polls released by the major news networks contained a striking piece of data that gave supporters of Kamala Harris reason for optimism.
Voters chose the “the state of democracy” as their top priority over any other issue.
Last Thursday, workers with the Democratic National Committee (DNC) were told they would be laid off without severance and with little notice, according to the DNC’s union. The cuts included some longtime workers of the organization, the union said.
With the election over, the DNC intends to downsize from about 680 staff to fewer than 200.
This story was reported by Floodlight, a nonprofit newsroom that investigates the powerful interests stalling climate action.
When Miguel Zablah bought his five-bedroom home in Miami’s leafy Shenandoah neighborhood in June of 2020, he said he paid $7,000 a year for homeowner’s insurance.
The house, built in 1923, sits on high ground and has survived a century of famously volatile South Florida weather.