US home prices have soared over the last decade, but could soon be on their way down. MediaNews Group/Long Beach Press-Telegram via Getty Images US housing activity is headed for a large correction, and prices will post single digit declines next year, according to Comerica. Chief economist Bill Adams said price declines will be steeper…
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This official image from HBO is lit brighter than what appeared on many viewers’ screens. HBO “House of the Dragon” showrunner Ryan Condal acknowledged how dark scenes in episode seven were. He said he has to take more into account that “we are making the show for people’s television sets.” The episode, “Driftmark,” received backlash…
A young woman packs moving boxes. Getty Images. The fight against inflation has led to a surge in mortgage rates. Many prospective buyers are putting their homeownership dreams on pause. With less buyers, home sellers are slashing prices or keeping their homes off the market. Home prices are finally coming down to earth but that does…
Kevin Dietsch/Michael Gonzalez/Getty Images Over 500 employees have left Twitter in the past 90 days amid the company’s court battle with Elon Musk. Many of the employees have moved to major tech companies like Google and Meta, LinkedIn data shows. Musk has reportedly said he plans to lay off 75% of staff if he buys…
Photo by Tracy A. Woodward/The Washington Post via Getty Images Chick-fil-A now has more than 30 drive-thru only locations after its most recent opening in Wisconsin. Chick-fil-A has the slowest drive-thru times in the industry, but remains highly popular with customers. The chain frequently pioneers drive-thru tech, like double lanes and ordering on tablets. Chick-fil-A…
Mark Mobius REUTERS/Sukree Sukplang Mark Mobius warned investors should be cautious about Chinese stocks, as the nation is headed for a “Mao-type” economy. That came after Xi Jinping secured another term as president, sparking fear he would continue to borrow from Mao’s socialist principles. “[Chinese stocks are] very cheap in many cases, but I would…
Then-US President Donald Trump laughs as his senior adviser, Hope Hicks, speaks to the crowd during a campaign event at the Ocala International Airport on October 16, 2020 in Ocala, Florida. Joe Raedle/Getty Images Former Trump White House spokeswoman Hope Hicks is testifying privately to the Jan. 6 committee. Hicks reportedly told Trump he’d lost…
Neil Godwin/Future via Getty Images iMessage and FaceTime were experiencing issues Tuesday, Apple said. “iMessage” was trending on Twitter as many users took to the platform to discuss the outages. The issues came just hours after a major outage for WhatsApp. iMessage and FaceTime experienced a major outage on Tuesday, according to Apple and frustrated…
Former President Donald Trump. Evan Vucci/AP Jury selection in the New York criminal tax-fraud trial of Donald Trump’s business is already proving to be tough. Some juror prospects on Tuesday openly expressed their disdain for the former Republican president. The Trump Organization — not Trump himself — is on trial for tax evasion in New…
Wharton professor Jeremy Siegel is a long-time market commentator. REUTERS/Steve Marcus The stock market could avoid a disaster in 2023 if the Fed acknowledges progress being made on taming inflation, according to Jeremy Siegel.Siegel believes the Fed should pause rate hikes by the end of the year to see the impact on the economy.“What scares…