Home Prices Fell in February for First Time in 11 Years
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Pending home sales inch up in February. Realtors are worried about U.S. home prices rising faster than incomes.
U.S. pending home sales rose 1.6% in February, the National Association of Realtors said on Thursday.MarketWatch - Business -
First-Time Home Buyers in the U.S. Need to Earn More for Starter Homes
Home buyers must earn $75,849 annually to afford the typical U.S. starter home as of February, up 8.2%, or $5,767, from a year earlier, Redfin says.The Wall Street Journal - World -
Cocoa prices hit $10,000 per metric ton for the first time ever
Cocoa prices reached a record on Tuesday as high demand and supply constraints fuel prices higher.CNBC - Business -
March Madness: No. 3 Illinois blows out No. 11 Duquesne to reach Sweet 16 for first time in nearly two decades
After a pair of dominant wins, the Illini are headed to their first Sweet 16 since 2005.Yahoo Sports - Sports -
Sales of new homes inched down in February
New home sales at 662,000 annual rate in February versus 664,000 in the prior month.MarketWatch - Business -
Sainz wins in Australia after Verstappen retires for first time in two years - reaction
Follow live text and radio commentary of the Australian Grand Prix.BBC News - Top stories -
Rents across the U.S. grew for the first time in 6 months — only Arizona saw price drops in every metro
One of the main drivers of high housing costs is low supply. Cities in this state are boosting supply, helping push rental prices down.CNBC - Business -
Trader Joe's raises banana price for 1st time in more than 20 years
The grocery chain has increase the price of a single banana for the first time in more than 20 years.CBS News - Top stories -
For the First Time in 75 years, In-N-Out Burger Is Closing a Store Today. It’s a Bittersweet Lesson About What Really Matters
The company is closing its Oakland store due to crime and unsafe conditions for its employees.Inc. - Business -
Search resumes Sunday for 6-year-old who fell into Chester Creek
Delaware County officials said the search for 6-year-old Lin'Ajah Brooker is still "aggressive," and rescue crews are using every resource at their disposal, including boats, drones and helicopters.CBS News - Top stories -
A First Step Toward a Global Price on Carbon
A tax on ship emissions could have an impact on almost everything we buyThe New York Times - Top stories -
Man sentenced 11 years after girlfriend found dead in forest
Meshell Will's badly decomposed body was found along a road in the Black Hills National Forest.CBS News - Top stories -
California homeowners face an insurance crisis. What will it mean for home prices in the state?
Californians face yet another setback on the housing front as a major insurer pulls out of 72,000 home-insurance policies, citing costs.MarketWatch - Business - California -
The Price is $2.988 Million for Bob Barker's Longtime Hollywood Home
The game show legend’s Hollywood Hills house is located about 15 minutes from the studio where ‘The Price is Right’ was filmedThe Wall Street Journal - World -
Vacation home co-ownership platform Pacaso expands to lower-priced listings
Pacaso lists shares of vacation homes, generally an eighth but sometimes larger shares, and then facilitates the purchase, including financing if necessary.CNBC - Business -
Home prices reach new high in January, Case-Shiller says
Case-Shiller 20-city home price index up 6.2% year-on-year in January.MarketWatch - Business -
Energy prices could vary at different times of day
Ofgem launches early discussions about a "dynamic" price cap that changes as consumers became more flexible.BBC News - Top stories -
These housing markets are cooling as nearly a third of home listings cut their asking prices. Home sellers ‘misjudged the market,’ economist says.
Nearly a third of home sellers are slashing prices in Sun Belt cities as spring home-buying season heats up, Zillow says.MarketWatch - Business -
5 times to use home equity to buy a second home
Using your home's equity to buy a second property doesn't always make sense, but it could in these scenarios.CBS News - Top stories -
Search for 6-year-old girl who fell into rain-swollen creek now considered recovery
Authorities say the search for a 6-year-old girl swept away in a rain-swollen southeastern Pennsylvania creek has become a recovery mission rather than a rescue missionABC News - Top stories -
Xiaomi Prices First EV Competitively, Seeks Pole Position in Crowded Market
Chinese smartphone maker Xiaomi has put a lower-than-expected price tag on its first electric vehicle as it joins the fiercely competitive race in China’s EV market.The Wall Street Journal - World -
3 times to buy a home with rates high (and 3 times not to)
It can be tough to decide whether it makes sense to buy a home when mortgage rates are high. Here's what to know.CBS News - Top stories -
Why Gasoline Prices Are Rising Faster Than Usual This Year
Fuel costs are once again driving inflation. Don’t panic.The Wall Street Journal - World -
Illinois parole board member, chair resign after 11-year-old dies protecting mom
Governor JB Pritzker has announced the resignation of the parole board chair and member who oversaw parole for a man accused of killing 11-year-old Jayden Perkins.ABC News - Top stories -
Disgraced crypto CEO Sam Bankman-Fried sentenced to 25 years, must pay $11 billion
Sam Bankman-Fried was sentenced to 25 years in prison Thursday for orchestrating what prosecutors have called one of the biggest financial frauds in American history.ABC News - Top stories - Crypto -
FTX founder Sam Bankman-Fried sentenced to 25 years for crypto fraud, to pay $11 billion in forfeiture
FTX founder Sam Bankman-Fried was convicted of securities fraud conspiracy that wrecked his cryptocurrency exchange and a related hedge fund, Alameda Research.CNBC - Business - Crypto -
Evan Gershkovich's first year in captivity in a Moscow prison
Last March 29, Wall Street Journal reporter Evan Gershkovich was on assignment in Russia when he was arrested by security forces and accused of being a spy, a charge vigorously denied by Gershkovich, the paper, and the U.S. government. "60 ...CBS News - World -
Home price growth is back at pre-pandemic levels. Here's what that means for buyers and sellers
While price growth is moderating and inventory is improving, overall housing costs remain high, experts say. Here's what to expect.CNBC - Business -
Home price growth is back at pre-pandemic levels. Here's what that means for buyers and sellers.
The rate at which home prices grow is slowing down.NBC News - Top stories -
'Most unwanted' dog finds home after four years
Dogs Trust Leeds staff say it was emotional to see lurcher Jake finally rehomed in Keighley.BBC News - Top stories -
Army lifts ban on serving soldiers having beards
The beards and moustaches must be neat and well-groomed, and troops must maintain a professional appearance.BBC News - Top stories -
First-time buyers targeted with £5,000 deposit mortgage
Scheme aims to get buyers lacking large deposits on the property ladderFinancial Times - Business -
4 times you should buy a home with interest rates high
Even with mortgage interest rates high, there are some times when it may make sense to buy. Here are four of them.CBS News - Top stories -
Truth Social Stock Price Surges on First Day of Trading, Increasing Trump's Fortune
Shares of Donald Trump’s social-media company surged 16% on their first day of trading, making the presidential candidate’s stake at the end of the day worth roughly $4.5 billion.The Wall Street Journal - World - Donald Trump -
New York City congestion pricing, first in the nation, is approved at $15 and up for vehicles
A majority of the MTA board voted in favor of New York City congestion pricing, green-lighting the controversial plan to charge cars $15 to enter Manhattan.NBC News - Top stories - New York -
The surge in U.S. home prices has drawn small investors into the market, where they are buying houses with the intention of selling them quickly for a profit.
The surge in U.S. home prices has drawn small investors into the market, where they are buying houses with the intention of selling them quickly for a profit.The Wall Street Journal - World -
Oil could trade near $100 this year. Here’s what could drag prices back down.
Russia’s decision to deepen its oil production cuts could lift global benchmark crude near $100 a barrel by September, but demand destruction may play a part in dampening price prospects, said analysts at J.P. Morgan.MarketWatch - Business -
Los Angeles Mayor Karen Bass Focuses on Homeless Camps in First Year
More than a year into her term, Mayor Karen Bass has cleared encampments and moved thousands of people into motels. What happens next is unclear.The New York Times - Top stories -
France flounder in first match without Antoine Griezmann for seven years
Griezmann’s world record of playing in 84 straight internationals ended on Saturday. France need him back soon. By Eric Devin for Get French Football News. Moving on in sport is never easy, even if the process is made easier by having the world’s ...The Guardian - World -
FirstFT: Obama and Clinton back Biden’s support for Israel’s war in Gaza
Also in today’s newsletter, OpenAI courts Hollywood and Easter egg shrinkflationFinancial Times - World - Israel