US home sales rebound slightly in February U.S. home sales picked up slightly in February but remain sluggish due to tight inventories, affordability problems and nasty winter weather. More
Dollar rises above 100 yen for 1st time in 4 years The dollar has risen above 100 yen for the first time in more than four years as currency traders persist in selling the Japanese currency in reaction to Tokyo's aggressive credit-easing moves. More
Obama to open middle-class jobs, opportunity tour Aiming to show he's still focused on creating jobs, President Barack Obama is beginning a series of quick trips around the country to resurrect ideas from his State of the Union address that became overshadowed by the intense debates over gun control, immigration and automatic spending cuts. More
Retailers report modest gains for April Americans spent briskly during the early spring months in the latest sign that they’re encouraged by the economic recovery. Falling gas prices, a rallying stock market and gains in the job market all fueled Americans’ shopping habits even as cold weather tempered their desire to buy spring fashions. More
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
Federal Reserve's likely slowdown in rate cuts could disappoint borrowers Just a few weeks ago, the path ahead for the Federal Reserve looked straightforward: With inflation cooling and the job market slowing, the Fed appeared on track to steadily cut interest rates ... 11/20/2024 - 7:20 pm | View Link
Federal Reserve cuts its key interest rate by a quarter-point amid postelection uncertainty The Federal Reserve cut its key rate by a quarter-point in response ... costs and that doing so might overstimulate the economy and even re-accelerate inflation. Financial markets are throwing yet ... 11/6/2024 - 4:32 pm | 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.