The spring selling season, the year’s busiest for residential real estate, flopped this year as mortgage interest rates were stuck above 6.5 percent and the median home price set a record in June.
Author: admin
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U.S. STOCK MARKETS: TOO MUCH OF A GOOD THING?
U.S. equity markets have climbed from record high to record high this year, with the Standard & Poor’s 500 index setting nine new records this month and the NASDAQ 13.
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GOING OUT OF BUSINESS TRENDS
The economic landscape has presented an array of challenges that will profoundly affect the business community this year.
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WHEN THE ECONOMY FALLS, JOBS GO WITH IT
Intel expects to cut its workforce by 25,000 this year through layoffs, attritions and other methods and will cancel plans to build new chip facilities in Europe.
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‘FOREVER CHEMICALS’ LINKED TO TYPE-2 DIABETES IN NEW STUDY
A newly released study from Mount Sinai Hospital in New York City found that the more exposure to perfluoroalkyl and polyfluoroalkyl substances (PFAS) in the environment, the greater the risk of type-2 diabetes in humans, raising new alarm over the health risks found in everyday items like food packaging.
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DEMOCRATS SEE FLAILING SUPPORT: TIME FOR A NEW THIRD PARTY
A newly released Wall Street Journal poll found support for Democrats in the U.S. has hit its lowest point as the party suffers through an identity crisis in its effort to counter President Donald Trump, who has seen his approval rating unchanged, despite his own challenges.
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TRUMP-BACKED RANDY FINE GETS SEAT ON HOUSE FOREIGN AFFAIRS COMMITTEE AFTER URGING ISRAEL TO ‘STARVE AWAY’ INSIDE GAZA
Rep. Randy Fine, R-Fla., who calls himself the Hebrew Hammer and has celebrated the ongoing genocide inside Gaza, was given a seat on the House Foreign Affairs Committee just after urging Israel to “starve away” inside the enclave.
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TRUMP PROVES TO BE RESILIENT AS APPROVAL RATING REMAINS STEADY, DESPITE TRIBULATIONS
U.S. President Donald Trump has somehow managed to keep his approval rating unchanged, despite some issues that could have severely dented his popularity, including his handling of the Jeffery Epstein files, and his inconsistency on tariffs.
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GERMANY APPEARS TO BE STANDING JUST OUTSIDE THE FRENCH NUCLEAR UMBRELLA
Friedrich Merz, the German chancellor, and French President Emmanuel Macron have both spoken out about the need for their countries to work together to be less reliant on the U.S. for their defense, but their effort to come together on nuclear deterrence has hit a roadblock and has been scaled back, according to a report.
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ZELENSKY FACES ACCUSATIONS OF WARTIME OVERREACH IN EFFORT TO CONSOLIDATE POWER
Ukrainian President Volodymyr Zelensky is doing his best to try to move past what news outlets called ‘strategic blunder’ by trying to consolidate the control of two anti-corruption offices under his personally selected prosecutor-general, which has presented his administration with the biggest domestic challenge since the start of the war.