‘We’re in a housing recession’
The housing market has cooled so much as the Fed withdraws its support for the economy that some analysts say it may be in a slump.
The housing market has cooled so much as the Fed withdraws its support for the economy that some analysts say it may be in a slump.
In a closely watched speech, the Fed chair foreshadowed further interest rate increases and warned that rates might need to stay high for some time to kill price spikes.
The Federal Reserve chair needs to convince markets he means business when he addresses the landmark conference of economists on Friday.
The housing crisis is worsening in Los Angeles, where an estimated 60,000 people remain unhoused in Los Angeles County and thousands more are on the cusp of evictions, even as 20,000 hotel rooms remain vacant across the region. This comes as a new ballot measure could require hotels to house homeless people in vacant rooms.
In a primetime address Thursday, President Biden warned Donald Trump and his radical supporters are threatening the foundations of the republic. Biden said, “Too much of what’s happening in our country today is not normal,” and that MAGA Republicans present a “clear and present danger to our democracy,” referring to Trump’s campaign slogan of “Make America Great Again.
Short update today because it’s a holiday and I still haven’t recovered from yesterday’s monster update. If you haven’t seen it, it’s still a current representation of public information on the ground situation in Ukraine. In short, I went out on a (short) limb to declare Russia’s offensive culmination, with a clear shift to defensive ops as their war machine runs out of steam.
No one ever tells you when you’re a kid, hey, your parents are going to get old in front of you one day (if you’re lucky) and it’s going to be really hard to watch. No one primes you or prepares you well in advance for dealing with a parent who has cancer or dementia.
It’s a hard-knock school that you are admitted to without ever applying.
This past week I spent some time traveling and ended up in Florida where my father lives.
I can’t help but keep thinking about how much different my life was a year ago as one of the only named storms of this hurricane season begins to form in the Atlantic right now. Exactly a year to the day ago, I was sweating my ass off making sandwiches with World Central Kitchen before switching to their plating team where I worked some of the hardest days I’ve ever experienced.
“This is, really, at its core, a storage argument that they’re making,” the Florida senator said of top secret files that Trump was storing at Mar-a-Lago.
One of the reasons the Southern Resident killer whale population in the Pacific Northwest is endangered is that its primary dietary staple—Chinook salmon—happens to be prized food for humans, too. And humans are bad at sharing: While Northwest salmon harvests are carefully regulated, divvied up between commercial, tribal, and sport fishermen, the federal authorities in charge of those decisions leave no place at the table for the orcas whose survival depends on the salmon.
“What elected official would ever want to cut Social Security?” Johnson asked after proposing a shaky funding system for a program 69 million Americans are currently relying on.
Let’s be honest, these last few weeks have been difficult to keep up with the news. There seems to be one tragedy after another making headlines. From hate crimes increasing nationwide to climate change impacting countries worldwide, there seems to be little to no happy news.
Despite how awful the news can be, there’s always something happening that can brighten our days.
When Elsa Avila looks at the scar that runs down her torso, she can’t help remember May 24, when a gunman stormed her fourth grade wing at Robb Elementary in Uvalde, Texas, killing 19 children and two teachers and leaving her and others wounded.
The former president allowed the aunt of Timothy Hale-Cusanelli, who prosecutors say told co-workers “Hitler should have finished the job,” to make a case for him on Saturday.
A federal judge has granted a request by former President Donald Trump’s legal team to appoint a special master to review documents seized by the FBI during a search of his Florida home last month.
In his last days as prime minister of Britain, Boris Johnson conducted a farewell tour of the country. Possibly he expected something like the accolades his beloved Roman generals were given—a small arch in his honor, say—or at least a few angry Gauls walking miserably behind his chariot. Instead he went to a field in southwest England and stared at a hole in the ground.
We remember the legendary historian, author, professor, playwright and activist Howard Zinn, who was born 100 years ago this August. Zinn was a regular guest on Democracy Now!, from the start of the program in 1996 up until his death in 2010 at age 87. After witnessing the horrors of World War II as a bombardier, Zinn became a peace and justice activist who picketed with his students at Spelman College during the civil rights movement and joined in actions such as opposing the Vietnam War.
This year marks 100 years since the birth of the historian Howard Zinn. In 1980, Zinn published his classic work, “A People’s History of the United States.” The book would go on to sell over a million copies and change the way many look at history in America. We begin today’s special with highlights from a production of Howard Zinn’s “Voices of a People’s History of the United States,” where Zinn introduced dramatic readings from history.
Everyone had to see this. It was early 2007 when Sadia Harper called her YouTube co-workers to her desk to watch. On her screen, a preteen with a buzz cut and an oversize dress shirt was belting out an Alicia Keys song. “This kid is amazing,” Harper said. The singer’s mother had been badgering her with emails to feature her son, Justin Bieber, on YouTube’s homepage.
When I heard that my patient was back in the ICU, my heart sank. But I wasn’t surprised. Her paycheck usually runs short at the end of the month, so her insulin does too. As she stretches her supply, her blood sugar climbs. Soon the insatiable thirst and constant urination follow. And once her keto acids build up, her stomach pains and vomiting start. She always manages to make it to the hospital before the damage reaches her brain and heart.
There was only one surprise in the vote tally for a United Nations General Assembly resolution in March condemning Russia’s unprovoked invasion of Ukraine. As a wholly owned Vladimir Putin subsidiary, Belarus naturally followed instructions from headquarters; Syria’s “no” vote was repayment to the capo dei capi in Moscow for his regime-saving military support; and of course North Korea voted no.
The VA submitted an interim final rule that would enable it to provide abortions when the life or health of a veteran or beneficiary is in peril, or in cases of rape or incest.
The amendment — now in limbo — would insert permanent protections into the state’s constitution for abortion and other reproductive health services.
CDC Director Rochelle Walensky endorsed the shots
Hesitant parents and challenging logistics are slowing the effort to get the nation’s youngest protected against Covid-19.
Top U.S. health officials are debating how much of the Jynneos stockpile in Denmark to bottle to combat monkeypox. It could be saved for a potential smallpox outbreak.
The plan touted by the U.S. Treasury secretary aims to diminish the Kremlin’s revenue while preserving the global oil supply.
“Jerome Powell’s rhetoric is dangerous, and a Fed-manufactured recession is not inevitable — it’s a policy choice,” Sen. Elizabeth Warren said.
The housing market has cooled so much as the Fed withdraws its support for the economy that some analysts say it may be in a slump.
In a closely watched speech, the Fed chair foreshadowed further interest rate increases and warned that rates might need to stay high for some time to kill price spikes.