Low-price home affordability increases as mortgage rates ease: Report
Lower mortgage rates have made cheaper starter homes more available, a trend further fueled by recent increases in household incomes. According to real estate firm Redfin, homebuyers now need to earn $77,000 to buy a home at or below the 35th percentile for home prices, a 0.4% decrease in the required income level from last […]
Crypto owners evenly split between Harris, Trump: Poll
According to a new Morning Consult poll commissioned by cryptocurrency exchange Coinbase, Americans who own cryptocurrencies support Vice President Harris and former President Trump in equal numbers. The poll, released Monday as part of Coinbase's third-quarter crypto landscape report, found that 47% of crypto holders plan to vote for Harris in the November election, while […]
Sustainable fashion makes waves for high schoolers
America's youth are taking a leading role in sustainable fashion, with environmental concerns driving a new wave of clothing. Experts say young people are asking the right questions when it comes to being conscientious clothing consumers in an industry struggling with sustainability. “Teens are at the forefront of the sustainable fashion movement. They are highly […]
Harris closes gap with Trump on economy
Vice President Harris is gaining voter support for the economy, just as the economy itself is showing new signs of strength. According to various polls, the economy is the top issue for voters. In a survey earlier this month, pollster Ipsos described the issue as “the most important issue for Americans after April 2024.” Trump […]
OpenAI expects about $5 billion in losses this year, report says
OpenAI reportedly expects losses of about $5 billion this year. new york times and CNBC. The Times originally reported that the company that owns ChatGPT had $3.7 billion in revenue this year and expected revenue to rise to more than $11 billion next year. The Times said the losses were related to general and operating […]
Rising egg prices linked to bird flu's impact on supply chain
Last year's rise in egg prices has been linked to the impact of bird flu on the supply chain. Egg prices have increased by 28.1 percent in the past 12 months. According to to the Bureau of Labor Statistics. The average price for 12 large eggs was $3.20, according to the bureau's statistics. The price […]
Five things to know about Social Security reforms being considered in Congress
A bill to reform parts of Social Security is gaining momentum in Congress. The bill, called the Social Security Fairness Act, aims to eliminate a tax system that proponents say leads to unfair reductions in benefits for people who have spent most of their careers in public service. However, the bill has also faced criticism […]
Super Commuting is on the rise in the US
Despite a large body of evidence proving that hybrid work benefits both employees and employers, and that employees working in hybrid work are as productive as those working full-time in an office. , it looks like the halcyon days of hybrid work may soon be over. It becomes a thing of the past. And the […]
Boeing strike costs top $1.4 billion as pressure on company mounts
It's been two weeks since Boeing's 33,000 machinists went on strike, and the company is bracing for financial fallout. The aircraft maker has put hiring freezes, furloughs, pay cuts for its leaders and forced most of the D.C. lobbying firms it hired to save cash after its machinists walked off the job shortly after midnight […]
Effort to force vote on Social Security bill stirs unrest in House GOP
A group of House Republicans is taking an unusual move to force a vote on a bill that would reform aspects of Social Security, sparking unrest in the chamber. The bill at the center of this push, also known as the Social Security Fairness Act, calls for the repeal of the Windfall Exemption Provision (WEP) […]