Mortgage demand falls as interest rates surge past 6 percent
The demand for mortgages has been steadily decreasing — since last year, the demand has lowered by approximately one-third, reports CNBC.
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The demand for mortgages has been steadily decreasing — since last year, the demand has lowered by approximately one-third, reports CNBC.
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Baltimore prosecutors are petitioning a judge to vacate the conviction of Adnan Syed for the murder of his ex-girlfriend Hae Min Lee in 1999, per an exclusive report from The Wall Street Journal. Both Syed and his case were the subject of the first season of hit true crime podcast Serial back in 2014.
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MyPillow CEO Mike Lindell, a prominent ally of former President Donald Trump, had his cell phone seized by FBI agents on Tuesday in a Hardee's restaurant parking lot in Minnesota, Axios reports. The agents reportedly took his device after questioning him about a Colorado county clerk being investigated for tampering with voting equipment.
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The Mosquito Fire in Northern California has flared up in the past 24 hours and is headed toward a mountain community, dangerously approaching a high school. This has prompted the evacuation of over 11,000 people in the Sierra Nevada area, CNN reports. To date, it has burned 46 structures, including homes, and has grown to approximately 50,000 acres. Firefighters have been able to contain 25 percent of it.
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Law enforcement agencies in Boston are collaborating to investigate a package sent to Northeastern University that exploded and injured a staff member Tuesday, CNN reports.
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For one streaming service, the show may be over.
Paramount is considering shutting down Showtime's streaming service and moving all of its content to Paramount+, The Wall Street Journal reports.
This would be the latest example of a company consolidating multiple streaming options to better compete against rivals like Netflix and Disney+. Warner Bros. Discovery also announced last month that it will combine HBO Max and Discovery+ into a single streaming offering in summer 2023.... Читать дальше...
As New York Fashion Week comes to a close on Wednesday, fashion enthusiasts are closely analyzing each runway show and new collection from the designers who showcased their work for Spring/Summer 2023. Here are some of the standout moments of NYFW:
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The child poverty rate fell to a record-low 5.2 percent in 2021, down from 9.7 percent in 2020 and 27.9 percent in 1993, the U.S. Census Bureau said in a report Tuesday. The Census report also found that the percentage of uninsured Americans dropped to 8.3 percent, or 27.2 million people, last year, from 8.6 percent in 2020.
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The death of the United Kingdom's long-ruling Queen Elizabeth II and the ascension of her son King Charles III has renewed a debate around the purpose of the monarchy in today's day and age. In a modern world that heralds democratic institutions (or at least tries to), should a royal family — let alone one with an imperialist and colonialist past — even exist?
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Former President Donald Trump is no stranger to legal scrutiny. He faced his first federal lawsuit in 1973, has cycled through federal bankruptcy court, spent much of his business career suing people and being sued, and he's the only president to have been impeached twice. Trump is currently at the center of two federal investigations, and his company is facing a criminal trial and potential civil charges in New York state.
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Is Canada getting its very own Donald Trump?
America's neighbor to the north is famed for what might be described as a distinctly un-Trumpian politeness and gentility. But that might be changing: The country's Conservative Party this week elected "firebrand populist" Pierre Poilievre as its leader, making him the leader of the opposition in Parliament, and a leading contender to become the next prime minister.
"You don't have to squint too hard to see the parallels between former... Читать дальше...
Sen. Lindsey Graham (R-S.C.) released proposed legislation Tuesday to ban abortion nationwide after 15 weeks, with rare exceptions. He pledged that Congress would vote on his bill if Republicans win control in November.
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It's still not clear which Republican candidate Maggie Hassan, New Hampshire's incumbent Democratic senator, will face in November.
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Former NFL quarterback Brett Favre worked with a politically connected Mississippi nonprofit to siphon more than $5 million in federal welfare funds to build a volleyball arena at Favre's alma mater, the University of Southern Mississippi — and newly released text messages implicate former Mississippi Gov. Phil Bryant (R) in the project, Mississippi Today reported Tuesday. The volleyball arena was the single largest known expenditure in Mississippi's largest-ever public fraud case, as laid out by former state auditor Shad White (R). Читать дальше...
Ken Starr, a former U.S. solicitor general and the independent counsel who led the Whitewater probe and other investigations during the Clinton administration, died Tuesday in Houston. He was 76.
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The Los Angeles Police Department confirmed that Philidelphia rapper PnB Rock was the victim of a fatal shooting at Roscoe's Chicken 'N Waffles on Monday afternoon. The Los Angeles Times reports that LAPD Chief Michel Moore speculated that the attack might be connected to an Instagram post that tagged the rapper's location.
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It was a bad day on Wall Street.
Stocks took a big dip on Tuesday in the wake of a new consumer-price report, which saw inflation jump more than expected in the month of August (even with a drop in gas prices), The Wall Street Journal reports.
All 30 of the stocks in the Dow Jones Industrial Average and all 11 sectors of the S&P 500 took a plunge. More specifically, the Dow fell 1276, or 3.9 percent; the S&P fell 4.3 percent; and the Nasdaq plummeted 5.2 percent, CNN notes. Читать дальше...
TV's biggest night drew a shockingly small audience.
Monday's Emmy Awards attracted a mere 5.92 million viewers on NBC, the smallest audience in the awards show's history, Deadline reports. That's down from last year's show, which drew about 7.8 million viewers on CBS.
The 2021 Emmys surprisingly reversed a downward trend for the ceremony's ratings, increasing over the prior year. But Monday's broadcast couldn't continue that momentum, sinking even below the previous all-time worst showing... Читать дальше...
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