Existing home sales increased 3.1% in January, but year-over-year sales fell.
Existing home sales were up 3.1% from December to a seasonally adjusted annual rate of 4 million in January. Year-over-year, sales declined 1.7% (down from 4.07 million in January 2023), according to the National Association of Realtors.
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Belatedly, the southern border crisis is getting the attention it deserves.
There’s wall-to-wall coverage in the legacy and conservative press, independent documentaries proliferating on the subject, a Tucker Carlson interview with Bret Weinstein attracting over 15 million views on X, and President Joe Biden blaming Trump for a failed bill that involved the border crisis.
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Mercedes-Benz on Thursday walked back plans to have an all-electric line-up by 2030 as consumers decline to adopt electric vehicles (EV) at the rate automakers expected.
The company has changed its expectations to have only 50% of its sales be EVs by 2030, announcing that it will be updating its current line-up featuring the internal combustion engine into the next decade, according to Mercedes-Benz in its fourth quarter report. EV sales grew 21% year-over-year in 2023, but total car sales remained relatively the same, bucking hopes that EVs would fuel growth as the automaker pushes electric models.
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Why are Republicans supine in the fight against the Marxist takeover of our entire way of life? They are petrified, for some reason, about engaging the debate on the “science” of “climate change.”
This abandonment of the playing field has allowed climate spending to overtake the landscape like Kudzu vines on steroids.
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More U.S. cell phone users are reporting service outages Thursday at major networks, including AT&T, Verizon and T-Mobile, and the outage is impacting some 911 networks.
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Mortgage applications sank last week as high prices and rising mortgage rates have increased unaffordability for average Americans, according to data from the Mortgage Bankers Association.
The total volume of mortgage loan applications for homes declined 10.6% in the week ending Feb. 16 compared to the previous week when seasonally adjusted, while the purchase index fell 10% in that same time, according to a release from the MBA. The drop in applications follows an increase in the average interest rate for a 30-year fixed-rate mortgage for homes under $766,550 to 7.06% from 6.87% the week prior, intensifying housing unaffordability.
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The recessions currently plaguing several major countries around the world could be what drags the U.S. into an economic downturn of its own, experts told the Daily Caller News Foundation.
Germany announced on Monday that it fell into a technical recession in the fourth quarter of 2023, after reporting its second month in a row of negative growth, following several other top nations experiencing economic difficulties. While the U.S. has managed to avoid a recession due to its size and diverse industries, foreign economic malaise may drag the U.S. economy down through changes to trade and global inflation that would lead to a loss for American businesses, experts told the Daily Caller News Foundation.
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Detroit placed the U.S. on wheels but if Motor City wants to go electric it faces fierce global competition.
Chinese electric vehicle maker BYD outsold Tesla in the fourth quarter of 2023. The foreign automaker said it produced more than 3 million new energy vehicles in 2023 compared to Tesla’s 1.8 million.
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Leaving a smart legacy for the future is crucial to ensure that your assets are passed tax-efficiently to your loved ones and that your wishes are carried out. By taking the time to plan, you can provide for your family even after you are gone.
There are many facets to leaving a smart legacy. Still, one of the most important is to ensure you have a will — a crucial document for estate planning that ensures your wishes are known and followed, reducing the burden on your family. Without a will, your assets may be distributed according to state laws, which may not align with your intentions.
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For the past couple of years, assessments of the national electric grid’s ability to deliver power during peak demand periods, such as heat waves and cold snaps, have shown increasing risk for blackouts.
The North American Electric Reliability Corporation, the nation’s grid watchdog, finds the main cause is retirements of coal plants without enough natural gas plants coming online.
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