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Home sales slump in June as prices hit another record high

U.S. existing home sales fell more than expected in June and the median home price hit a record high again, but improving supply and lower mortgage rates raised hopes that home sales may recover in coming months. The National Association of Realtors said on Tuesday that home sales fell 5.4 percent at a seasonally adjusted […]

Tesla’s quarterly results miss estimates after price cuts hit bottom line

Constellation Research founder R Ray Wang analyzes Tesla and Google at Varney & Co. Tesla Inc. on Tuesday reported second-quarter profit margins that fell short of analysts’ expectations as the company ramps up efforts in self-driving technology while price cuts and incentives to stimulate sluggish demand continued to weigh on profits. Tesla’s second-quarter auto gross […]

Teacher hit with maximum prison sentence after found guilty of sex abuse in classroom with 8th-grade student on graduation day

A former California teacher has been convicted of sexually abusing an eighth-grader on graduation day and received the maximum prison sentence, authorities said. of Gridley Police Department In November 2023, Gridley Unified School District arrested suspect Michelle Christine Solis, 46, after a concerned parent claimed “explicit photos” of the teacher were “circulating among students.” The […]

US Home Sales Hit 13-Year Low as Prices Soar to Record Highs

U.S. existing home sales fell to the lowest level since 2010 last month as sellers waited for lower mortgage rates and buyers were discouraged by soaring prices. Existing home sales fell 5.4% from May to an annualized rate of 3.89 million, according to data released Tuesday by the National Association of Realtors (NAR), marking the […]

VP Harris Office Hit by 92% Staff Turnover Since Assuming Power

Vice President Kamala Harris’ office has experienced a turnover rate of more than 90% over the past three years, a watchdog report released Monday detailed, a continuation of a staff turnover trend that has been ongoing since before the Biden administration formally assumed power. Open the Books, a watchdog group that reports on government spending, […]