U.S. pending home sales fell 1% in July amid economic uncertainty and higher mortgage rates, but activity increased from June, when sales were down 8.6%, Realtor.com reports. The latest decline marks the eighth time pending home sales have fallen in the last nine months, but as mortgage rates show signs of stabilizing, buyers could soon…
Posts published in “Business”
Whether it’s clients, colleagues, or family, your work likely makes more of an impact than you realize...
Updated Aug 24, 2022, 04:55pm EDT Topline A deadly Russian rocket strike on a train station in a small town in central Ukraine killed at least 15 people and injured about 50 more on Wednesday, according to President Volodymyr Zelensky, who earlier warned that Moscow could be planning for “something particularly ugly, something particularly vicious”…
Topline Six months have passed since Russia began its full-scale invasion of Ukraine, a conflict that has forced millions of Ukrainians to flee their homes, left an estimated tens of thousands of Russian soldiers dead or injured, while Russia’s economy has tightened under pressure from a spate of Western sanctions. Key Facts To date, Russia…
President Biden on Wednesday made a long-awaited announcement to enact wide-scale student loan forgiveness. Biden also indicated he would extend the ongoing student loan pause once more. Millions of student loan borrowers will benefit from these initiatives. Biden will be issuing further details later this afternoon. Here are the details so far. Biden Announces Up…
Roaming groups of infantry hauling anti-tank missiles, working in the gaps between fortified cities and towns, were the key to Ukraine’s successful defense of its capital Kyiv against Russian invaders in February and March this year. That’s the conclusion of a new study by Michael Anderson, a U.S. Army infantry officer. Ukraine’s light infantry operations…
Updated Aug 24, 2022, 04:04pm EDT Topline Scores of student loan borrowers reported they were unable to access their loan details Wednesday after President Joe Biden announced his long-awaited student debt forgiveness plan , which apparently led to a flood of users overloading servicers’ websites. Key Facts Nelnet, which processes more than 40% of all…
Topline The Uvalde school board voted unanimously Wednesday night to fire school district Police Chief Pete Arredondo, who was widely condemned for leading a sluggish police response during the Robb Elementary School massacre. Key Facts Arredondo was placed on administrative leave June 22—one day after the head of the Texas Department of Public Safety called…
Topline A Los Angeles jury found LA County liable for negligence and invasion of privacy on Wednesday and ordered the county to pay Kobe Bryant’s widow $16 million, according to multiple news outlets, after several emergency responders took and shared photos of the bodies of Bryant, his daughter Gianna and others who died in a…
Home prices are rebalancing after two years of record appreciation, but experts say it may take some time for them to fall from current highs. Sale prices of existing homes dropped by $10,000 in July to a median of $413,800, but prices were still up 10.8% year-over-year, according to Realtor.com. Home prices typically peak in…