Press "Enter" to skip to content

Posts published in “Asides”

Midterm Election Results Will Affect the Housing Market in More Ways Than One

The Nov. 8 midterm elections determine which party controls the House and the Senate for the next two years, and the results could have major implications for the housing market at a pivotal point in its post-pandemic slowdown. If Republicans gain control of the House, a first-time buyer tax credit that would give first-time homebuyers…

Record Powerball Jackpot Jumps To $2.3 Billion After No Ticket Wins Monday’s Draw

Topline No one bagged Monday night’s enormous $2.04 billion Powerball jackpot, sending the prize soaring to a record-breaking $2.3 billion for the next draw, the lottery reportedly said , though any lucky winner will face a hefty tax bill and take home much less than the headline prize—here’s how much. Key Facts Powerball lottery winners…

Biden Promises ‘No More Drilling’ Just Days After Demanding More Drilling

Just a day after not exactly apologizing to West Virginia Sen. Joe Manchin for promising a San Diego audience to replace coal fired power plants with wind farms, President Joe Biden turned to promising a New York audience to shut down drilling for oil instead. Stumping for embattled New York Gov. Kathy Hochul at Sarah…

Lyndhurst Mansion Is One Of The Jewels Of The Hudson River Valley

Henry James called the Hudson River America’s “great romantic stream,” and having once lived along its banks, I have never forgotten the peacefulness that a long view of it instilled upon my senses as it flowed silently down from West Point southward to the sea. It is certainly one of the richest regions for historic…

Elon Musk’s Fortune Falls Below $200 Billion As Tesla Hits 52-Week Low

The Tesla chief’s new Twitter toy is proving to be even more distracting than investors feared. I n late September 2021 , as Tesla shares soared, Elon Musk overtook Jeff Bezos to become the richest person in the world–and the third (after Bezos and Bernard Arnault of French luxury conglomerate LVMH) person ever to be…

Housing Market Braces For Rising Layoffs ‘Soon’ As Mortgage Lenders, Home Sellers Cut Thousands Of Jobs

Updated Nov 7, 2022, 02:23pm EST Topline Though the labor market's overall resilience continues to puzzle experts, the plight of rising interest rates, which are spurring a historic plunge in home sales, could soon lead to a rash of harsher job cuts across the housing sector—which, alongside the technology industry, has already seen firms lay…