Nearly nine in 10 US homeowners have mortgage rate below 6 percent: report
According to one study, nearly 9 out of 10 homeowners in the United States have mortgage interest rates below 6%. new report From real estate company Redfin. Approximately 88.5% of mortgage interest rates were below 6%, down from a high of 92.8% in the second quarter of 2022, according to the report. More than three-quarters […]
Consumer prices rose 3.4 percent in 2023 as inflation plunged
Consumer price growth accelerated slightly in December, capping a year of plunging inflation, according to data released Thursday by the Labor Department. The Consumer Price Index (CPI), which is closely watched as an indicator of inflation, rose by 0.3% in the final month of 2023 and by 3.4% over the past year. Although both the […]
56 Percent of Voters Predict Trump Will Win Election if Nominee
A majority of registered voters expect former President Donald Trump to win back the White House if he wins the Republican nomination, regardless of who his Democratic opponent is, according to a survey report. economist-YouGov poll. poll, published Tuesday's poll found that 56% of registered voters believe Trump is likely or definitely would win back […]
Top 1 percent paying lower tax rates than other residents in most states: Study
The wealthiest households in most states pay lower tax rates than other households, a new analysis finds. New research conducted by Institute for Tax and Economic Policy They analyzed the tax system in all 50 states and Washington, D.C., by examining how seven different income groups pay state and local tax rates. The study ultimately […]
BlackRock plans to lay off 600 employees – about 3 percent of global workforce
BlackRock, the world's largest asset manager, plans to announce layoffs of about 3 percent of its global workforce in the coming days, Fox Business reported. The layoffs of about 600 employees have not yet been reported, but are described as routine within the company, sources said. BlackRock made similar layoffs last year based on employee […]
2024 Golden Globes Gift Bags Are Worth More than What 98 Percent of Americans Make
What would you give a left-wing Hollywood celebrity who already has it all? How about a gift bag worth $500,000? This is more than the annual income of 98 percent of Americans. This year's Golden Globe Awards, which will air live Sunday on CBS, will feature gift packages including caviar, a $600 Métiers Marrakech brown […]
Asa Hutchinson, Polling at Less than 1 Percent, Will Not Commit to Pardoning Trump
Republican presidential candidate Asa Hutchinson has differentiated herself from her competitors by vowing not to commit to pardoning former President Donald Trump, although some are willing to pardon the former president if she were commander in chief. Some say they will. Hutchinson announced this week, “Despite the promise that Haley and DeSantis made to pardon […]
Georgia man burned 75 percent of body trying to open bag of chips with lighter
An elderly Georgia man suffered burns over 75% of his body while trying to open a bag of potato chips with a lighter, local authorities said. The 75-year-old victim, whose name has not been released, was seriously injured Wednesday in Dalton at about 4:37 p.m., Bruce Frazier, the town's communications director, told the Post in […]
Monthly home payments fall 14 percent, hit lowest level in almost a year: report
Media reports say U.S. mortgage payments fell by nearly $400 in December from their October peak, drawing some homebuyers back into the market, according to a Thursday report from real estate group Redfin. The median mortgage payment for the four weeks ending Dec. 31 was $2,361, according to Redfin research. That's $372 (14%) less than […]
Fidelity has marked down value of X by 71.5 percent since Musk takeover
Fidelity has reduced the value of its stake in X Holdings, the parent company of the platform formerly known as Twitter, by 71.5 percent since Elon Musk acquired the company in October 2022. The investment firm slashed Company X's valuation by about 10.7% in November alone, from an estimated $6.3 million at the end of […]