There’s a New Menace Stalking Suburbia. Meet the McBasement.:
wsj.com/articles/theres-a-new-menace-stalking-suburbia-meet-the-mcbasement-11665497875
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| Last Updated | Jun 19 23 |
| Total Articles | 8 |
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Cicadas are emerging — and they’re so loud, some called the sheriff: Some in Newberry County, S.C., thought the noise was a siren. The sheriff assured them it ...
washingtonpost.com/climate-environment/2024/04/25/cicadas-noise-south-carolina-police/
A photographer documented Black cowboys across the U.S. for a new book: NPR's A Martinez speaks with photojournalist Ivan McClellan about his new book ...
npr.org/2024/04/24/1246716227/black-cowboy-culture-ivan-mcclellan-photographer-8-seconds-book
Gaza protests in the US are expanding: They are targeted and well organized: The student protests in the USA are expanding and are becoming increasingly better ...
nzz.ch/meinung/gaza-proteste-in-den-usa-weiten-sich-aus-sie-sind-gezielt-und-gut-organisiert-ld.1827944
U.S. Economic Growth Slows to 1.6%: U.S. economic growth slowed in the first part of the year, falling short of economists’ expectations.
on.wsj.com/3UypAig
Quick Glance: Unlikelihood of Fed Rate Cut Before Elections Disrupts Markets
- Investors cast doubt on a Fed rate cut before September.
- Expectations are now fully priced in for a rate cut on November 6-7.
- The shift in market expectations stemmed from inflation and growth data.
- There is now an estimated 75 percent likelihood of a Fed rate cut by September.
Why Do Millennials Feel Compelled To Write 'Lol' After Everything?: "I’ve transitioned to ‘haha’ instead of ‘lol’ because I read that 'lol' is millennial-coded."
huffpost.com/entry/why-do-millennials-write-lol-after-everything_n_6622dd3be4b0167f7bf4e2d0
Ukraine uses long-range missiles secretly provided by US to hit Russian-held areas, officials say
apnews.com/article/russia-ukraine-war-long-range-missiles-4d2254639eb5a503d8b0a291ed0680e9
Quick Glance: USA Provides Ukraine with Long-Range ATACMS Missiles
- The USA delivered short-range ATACMS missiles with extended range to Ukraine to protect the country.
- The delivery was discreet, part of an aid package to maintain Ukraine's operational security.
- The USA previously provided ATACMS missiles with a range of 165 km last year, now supplying missiles with up to 300 km range.
- Germany rejects providing the Taurus missile while the USA offers extensive aid to Ukraine.
Joe Biden signs the bill that could ban TikTok in the United States: The bill that will force a sale or ban of TikTok in the United States is now law.
engt.co/49UaBTY
Quick Glance: ByteDance Would Consider Closing TikTok in US Over Sale, Sources Claim
- ByteDance would prefer to cease TikTok operations rather than engage in a sale if all legal avenues are exhausted to combat potential legislation banning the platform in US app stores, as per four sources.
- Despite TikTok's massive popularity with over a billion users, it remains unprofitable, contributing a small fraction to ByteDance's overall revenues and daily active user base.
- ByteDance stated on Thursday in a release on Toutiao, a media platform it possesses, that there are no intentions to sell TikTok, in response to claims from The Information about ByteDance exploring sale scenarios for TikTok's US operations excluding the recommending algorithm for user videos.
- As of December, ByteDance's valuation stood at $268 billion when it proposed a buyback of approximately $5 billion in shares from investors.
US births retreat after pandemic-era growth: The number of births in the United States fell by 2% in 2023 from the previous year, driven in part by a marked ...
reut.rs/44duC6Y
Quick Glance: Decline in US Births, Teen Births at Record Low: CDC
- The overall number of births in the United States dropped in 2023 as teenage births reached a record low, according to new provisional federal data published early Thursday.
- Between 2015 and 2020, there was an average decrease in the number of births by 2% per year, including a 4% decline from 2019 to 2020.
- There was a slight increase in births by 1% from 2020 to 2021, and the number remained generally stable from 2021 to 2022, according to the report.
Family of man killed when Chicago police fired 96 times during traffic stop file wrongful death suit
apnews.com/article/shooting-chicago-police-investigation-3d075a6dc4bc8fa3535d8dd2340446f7
Suleja prison: 108 inmates on the run in Nigeria: A manhunt is launched after more than 100 inmates escape the colonial-era facility near Abuja.
bbc.com/news/world-africa-68897517
Central Pa. beer wholesaler prepares to roll out electric freight trucks: The company will acquire eight electric vehicle freight tractors to permanently replace ...
pennlive.com/life/2024/04/wilsbach-distributors-goes-electric-with-its-freight-trucks-shows-off-high-tech-facility.html
Indoor sports stadium in Kaikohe to open after decade of work: More than a decade in the making, a blessing will be held Saturday to formally open Kaikohe's ...
rnz.co.nz/news/national/515252/indoor-sports-stadium-in-kaikohe-to-open-after-decade-of-work
UAE: Indians, Pakistanis among top investors in Sharjah property - News | Khaleej Times
khaleejtimes.com/uae/indians-pakistanis-among-top-investors-in-sharjah-property
Rockford Is Now America’s Top Housing Market After an Improbable Turnaround: The Illinois metro area, west of Chicago, was one of nearly a dozen in the Midwest ...
wsj.com/real-estate/rockford-illinois-housing-market-rankings-realtor-d304570c
Commercial development land in Co Galway guiding €2.4m
businesspost.ie/article/commercial-development-land-in-co-galway-guiding-e2-4m/
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Real Estate Billionaire Stephen Ross Bets Big on South Florida: The Related Cos. founder is following the money flowing south by bringing his influence to ...
bloomberg.com/news/features/2024-04-25/real-estate-billionaire-stephen-ross-bets-big-on-south-florida
Paid articlePaid
Why Seattle becoming the next Detroit might not be the worst thing: The challenges confronting Martin Selig, Seattle's most prolific downtown developer ...
seattletimes.com/business/why-seattle-becoming-the-next-detroit-might-not-be-the-worst-thing/
Key Factors Behind KKR Real Estate's Dividend Growth, And The Risks.: KKR Real Estate reported a portfolio growth of 53% from 2018 to 2023, and analysts expect ...
seekingalpha.com/article/4686662-key-factors-behind-kkr-real-estates-dividend-growth-and-the-risks
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28 cities where rent is plunging as apartment supply surges: Report: Rent is tumbling across the US, thanks to a wave of new apartments. Here are 28 cities where ...
businessinsider.com/real-estate-best-cities-for-renters-rent-growth-apartment-supply-2024-4
Commercial Real Estate Loan Risk Getting Worse By The Day: More challenging news about commercial real estate loans continues to surface. Read why this issue ...
seekingalpha.com/article/4686145-commercial-real-estate-loan-risk-getting-worse-by-the-day
Paid articlePaid Apollo India Real Estate Partner Leaves in Strategy Shift: Apollo Global Management Inc.’s partner for real estate in India, Nipun Sahni, is leaving the firm ...
bloomberg.com/news/articles/2024-04-25/apollo-india-real-estate-partner-said-to-leave-in-strategy-shift
Paid articlePaid
Downtown Cincinnati's old Chong Building to undergo $28 million hotel conversion: The former Chong Building on Race Street in downtown Cincinnati will become a ...
cincinnati.com/story/news/2024/04/25/chong-building-in-cincinnati-to-become-home2-suites-by-hilton/73439298007/
Mortgage rates increase for fourth week in a row: ‘Many buyers are adjusting’ to higher rates, Freddie Mac says
marketwatch.com/story/mortgage-rates-climb-for-fourth-week-in-a-row-taking-the-wind-out-of-the-sails-of-the-housing-market-4df36019
Housing supply surges up to 50% in these metros and sellers are slashing prices: The property report includes 85 major metropolitan areas in the U.S ...
marketwatch.com/story/housing-supply-surges-by-up-to-50-in-these-metro-areas-and-many-sellers-are-being-forced-to-slash-their-asking-prices-2b39f4ad
San Francisco Buyers Bring Its Luxury Housing Market Back to Life: A recovery is under way in the Bay Area, as interest-rate shock finally wears off and ...
wsj.com/real-estate/luxury-homes/san-francisco-luxury-housing-market-ce0198e2
This month's hottest housing market? Sharonville: Sharonville was the most competitive home sales market in the Cincinnati metro area in March ...
cincinnati.com/story/news/2024/04/25/sharonville-among-hottest-housing-markets-in-ohio/73300001007/
Inheritance tax unsuitable for India, wealth creation is key: Experts: “Levy on inherited assets to hit savings, administrative nightmare”
financialexpress.com/money/inheritance-tax-unsuitable-for-india-wealth-creation-is-key-experts-3468820/
Jagran Group FO's Aarti Gupta on investment strategy, caution on private market and more
vccircle.com/jagrangroup-fo-s-aarti-gupta-on-their-investment-strategy-caution-on-private-market-and-more
7 cities where renting is much cheaper than buying: Zelman: Home affordability is still a huge issue, said leading real-estate analyst Ivy Zelman ...
businessinsider.com/real-estate-housing-market-renting-home-affordability-mortgage-rates-zelman-2024-4
San Antonio's La Cantera Resort gets $49 million refresh, event space: Guest rooms at the Northwest Side resort will be renovated and an event space is being ...
expressnews.com/business/real-estate/article/san-antonio-la-cantera-resort-renovations-19416549.php
9 Stocks That Thrive When Interest Rates Are Higher: The prospect of elevated interest rates for longer has dented the broader stock market—but history shows ...
barrons.com/articles/stock-market-interest-rates-fed-0c59d125
Paid articlePaid 5 things making the outside of your home look worse, designers say: Curb appeal, or a lack of it, can have a big impact when selling a home. So ...
businessinsider.com/things-making-outside-of-home-look-worse-curb-appeal-designers-2024-4
Paid articlePaid Plunging Home Prices, Fleeing Companies: Austin’s Glow Is Fading: Oracle Corp. is moving its headquarters out of the city. Tesla Inc. is pulling back after a ...
bloomberg.com/news/articles/2024-04-25/larry-ellison-s-austin-snub-adds-to-city-s-housing-office-woes
Best Countries for Golden Visas: Tips for Applying as Programs End: Spain is the latest country to announce the end of its residency-by-investment program ...
bloomberg.com/news/newsletters/2024-04-25/best-countries-for-golden-visas-tips-for-applying-as-programs-end
Blackstone Strikes $1.6 Billion Student Housing Deal With KKR: Blackstone Inc. agreed to sell a student-housing portfolio to KKR & Co. for $1.64 billion.
bloomberg.com/news/articles/2024-04-25/blackstone-strikes-1-6-billion-student-housing-deal-with-kkr
Real Estate Trends in São Paulo: A Study of Rising Values: In the bustling metropolis of São Paulo, the real estate market is showing signs of robust growth ...
riotimesonline.com/real-estate-trends-in-sao-paulo-a-study-of-rising-values/
The Gen-Z Advantage in Housing: A study suggests that Gen Z has it better in the housing market than the millennials who came before them.
nytimes.com/2024/04/25/realestate/the-gen-z-advantage-in-housing.html
Quick Glance: The Advantage of Gen Z in the Real Estate Market
- Research indicates that Gen Z performs better in the real estate market compared to the previous Millennials.
- On average, Gen Z-ers will spend approximately $145,000 on rent by their 30th birthdays, while millennials spent $127,000 during the same life stage.
- The share of income required for housing is around 27 percent for both generations, with Gen Z earning slightly more.
- Overall, housing costs for Gen Z owners are lower than for millennials, with Gen Z owners only needing to allocate about 30 percent of their income towards housing.
Billionaire's Nantucket beach house has officially been swept away : Billionaire investor Barry Sternlicht's Nantucket beach house has been demolished due to ...
businessinsider.com/billionaire-barry-sternlicht-nantucket-beach-house-destroyed-erosion-2024-4
9 ways rich real estate owners save big on estate taxes: These far-fetched tactics to give real estate to heirs are perfectly legal, lawyers and bankers to the ...
businessinsider.com/rich-real-estate-estate-gift-tax-avoidance-wealth-planning-inheritance-2024-4
A couple that built a seven-figure portfolio share their strategy: Before Carl and Mindy Jensen discovered the FIRE movement, they didn't know what index funds ...
businessinsider.com/couple-built-seven-figure-portfolio-share-investing-strategy-financial-independence-2024-4
Homebuyers Shun New Real Estate in Vancouver, Hurting Builders: Politicians are desperate for developers in Vancouver to build more homes to alleviate pressure ...
bloomberg.com/news/articles/2024-04-25/homebuyers-shun-new-real-estate-in-vancouver-hurting-builders
Paid articlePaid Real Estate: Secret revealed! Majority of HNIs prefer this investment model to generate wealth in realty space
financialexpress.com/money/real-estate-secret-revealed-majority-of-hnis-prefer-this-investment-model-to-generate-wealth-in-realty-space-3468511/
Long Island median home price rose nearly 10% in the first quarter: The median sale price increased to $630,000 on Long Island, excluding the East End ...
newsday.com/business/long-island-hamptons-home-prices-suvl38i5
Should I refinance our $1.5 million home to pay off $45,000 in credit-card debt?: ‘We live in a very strong housing market in Los Angeles so we’re not worried ...
marketwatch.com/story/i-racked-up-45-000-in-credit-card-debt-making-home-repairs-should-i-refinance-my-1-5-million-house-or-take-out-a-personal-loan-to-pay-it-off-372ab8b5
KKR Real Estate Finance: The 15% Yield Likely Gets Cut, Again: Learn about the declining performance of KKR Real Estate Finance Trust Inc., its distribution cuts ...
seekingalpha.com/article/4686091-kkr-real-estate-finance-the-15-percent-yield-likely-gets-cut-again
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Frank Sinatra's former NYC townhouse lists for the first time in more than 50 years
nypost.com/2024/04/24/real-estate/frank-sinatras-former-nyc-home-lists-for-4-45m/
Property Billionaire Hit by Muddy Waters Short Plans Asset Sales to Cut Debt: Czech real estate billionaire Radovan Vitek is doubling his asset-sale target ...
bloomberg.com/news/articles/2024-04-25/property-billionaire-hit-by-muddy-waters-short-plans-asset-sales-to-cut-debt
Paid articlePaid
Sharjah real estate transactions reached Dhs10 billion in Q1, 2024: This is due to the increase in sales transactions of various types, including sales ...
gulftoday.ae/business/2024/04/25/sharjah-real-estate-transactions-reached-dhs10-billion-in-q1-2024
UBS Analyst Who Cut Evergrande Turns Bullish on Chinese Property Market: When it comes to Chinese real estate, John Lam is a lone wolf.
bloomberg.com/news/articles/2024-04-25/ubs-analyst-who-cut-evergrande-turns-bullish-on-property
German Real Estate Firm Adler Reaches Agreement with Bondholders: Troubled German real estate firm Adler Group SA has reached a non-binding agreement with ...
bloomberg.com/news/articles/2024-04-25/german-real-estate-firm-adler-reaches-agreement-with-bondholders
Rents in Germany: Where housing costs are becoming a burden: Rent levels in Germany differ fundamentally from region to region. In Munich ...
cz.de/bauen-und-wohnen/mieten-in-deutschland-wo-die-wohnkosten-zur-belastung-werden-HYQPWFBC5VBIDBHSRUD3D7WTCI.html
Brussels house prices further dropped though flats grow more expensive: With the European Central Bank (ECB) not expected to lower interest rates until June ...
brusselstimes.com/brussels/1009977/brussels-house-prices-further-dropped-though-flats-grow-more-expensive
Top Mumbai Lodha Builder Eyes 20% Bookings Growth After Record Revenue: Macrotech Developers Ltd., a real estate firm that operates under the brand name Lodha ...
bloomberg.com/news/articles/2024-04-24/mumbai-builder-lodha-beats-profit-estimates-revenue-hits-record
Home buyers turn to adjustable-rate mortgages as 30-year rate zooms past 7%: Mortgage rates jump to highest level since November 2023
marketwatch.com/story/home-buyers-turn-to-adjustable-rate-mortgages-as-30-year-rate-zooms-past-7-2c24221c
How Realtors Tamed a Wild Housing Market and Created a Lucrative Monopoly: The National Association of Realtors has long protected its high commissions but has ...
barrons.com/articles/nar-realtors-real-estate-commissions-monopoly-d9cbaeeb
Paid articlePaid China’s Property Market Can’t Heal. Who Feels the Pain.: All major real estate indicators in China came in weak or worse in the first quarter.
barrons.com/articles/chinas-property-market-cant-heal-who-feels-pain-97522a46
Paid articlePaid
The former Albright mansion property in Shorewood remains empty, 5 years after demolition
jsonline.com/story/communities/north/2024/04/24/whats-the-status-of-the-former-albright-mansion-property-in-shorewood/73342334007/
Luxury Real Estate Prices Hit a Record High in the First Quarter, a New Report Says
robbreport.com/shelter/homes-for-sale/luxury-real-estate-prices-record-high-1235592156/
Sonja Morgan is auctioning her NYC townhouse after 11 years spent on and off the market
nypost.com/2024/04/24/real-estate/sonja-morgan-will-auction-her-nyc-townhouse-in-may/
Blackstone, KKR Mortgage REITs (BXMT, KREF) Face Souring Office Loans: Blackstone Inc. and KKR & Co. mortgage real estate investment trusts are grappling ...
bloomberg.com/news/articles/2024-04-24/blackstone-kkr-mortgage-reits-stung-by-office-debt-challenges
US Commercial Real Estate Market Outlook Is Improving, DoubleLine Says: Recovering risk appetite and tightening spreads in the commercial real estate market mean ...
bloomberg.com/news/articles/2024-04-24/doubleline-s-chen-says-draconian-commercial-real-estate-outlook-is-no-more
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Property virtual showcase draws over 30,000 visitors: PETALING JAYA: The StarProperty Awards 2024 Virtual Showcase has garnered more than 30 ...
thestar.com.my/news/nation/2024/04/25/property-virtual-showcase-draws-over-30000-visitors
How a Pair of Empty-Nesters Created Their Dream Home: With the kids out of the house, a Chicago couple who love to entertain splashed out their home with color ...
wsj.com/style/design/how-a-pair-of-empty-nesters-created-their-dream-home-7301130a
Massachusetts housing crisis: Greater Boston Real Estate Board campaign slams transfer fees
bostonherald.com/2024/04/24/massachusetts-housing-crisis-greater-boston-real-estate-board-campaign-slams-transfer-fees/
Oakland affordable housing project breaks ground after years of delays: The six-story, 91-unit development will be 100% below market rate, financed by a ...
sfchronicle.com/eastbay/article/affordable-housing-oakland-19420534.php
Living next to a Dunkin’ can boost property values, but don't glaze over the downside
bostonglobe.com/2024/04/16/real-estate/living-near-dunkin-might-boost-property-values-is-it-all-upside-not-so-much/
Lender threatens to ‘wipe out’ Johnny Ronan’s real estate group, High Court told: Claim made as part of security for costs application from Fortress Investments ...
businesspost.ie/article/lender-threatens-to-wipe-out-johnny-ronans-real-estate-group-high-court-told/
Paid articlePaid
OKC residents: City planners want to know what you think about backyard 'granny flats'
oklahoman.com/story/business/real-estate/2024/04/24/okc-real-estate-planning-accessory-dwelling-units-community-feedback/73417976007/
Renovating is Rarely Easy. During a Pandemic and a Divorce? ‘Unbelievably Stressful.’
wsj.com/real-estate/luxury-homes/modern-home-renovation-498033a9
Seizing Russian funds: the USA is tinkering with international law: Congress authorizes President Biden to seize Russian dollar reserves for the reconstruction ...
nzz.ch/international/russische-gelder-beschlagnahmen-die-usa-schrauben-am-internationalen-recht-ld.1827574
Quick Glance: Biden signs Comprehensive Military Aid Package for Ukraine, Israel, and Taiwan
- President Biden announces the signing of a substantial $95 billion military assistance package for Ukraine, Israel, and Taiwan, with a significant portion of the funds directed towards Ukraine.
- Despite initial resistance from Republicans in Congress, Biden has signed the aid package, highlighting the reinforcement of allies and ensuring prompt deliveries to Ukraine.
- The assistance for Ukraine includes weapons and military equipment valued at around $1 billion, encompassing artillery shells and air defense missiles.
- Military analysts do not foresee significant changes on the frontlines in eastern Ukraine, while the US support aims to aid Ukraine in operations in southern Ukraine, particularly focusing on Crimea and the Black Sea.
Biden administration finalizes rule to grant overtime for millions more salaried workers
apnews.com/article/overtime-eligibility-salaried-workers-biden-4bf790961d287794201f13b903fa9119
Quick Glance: Biden Grants Overtime Pay to 4 Million US Workers
- The Biden administration unveiled a rule requiring employers to pay overtime premiums to an estimated 4 million salaried workers earning less than $1,128 per week.
- The salary threshold will be automatically adjusted every three years to reflect changes in average earnings.
- The rule does not affect overtime requirements for hourly workers.
- The new rule is expected to face legal challenges, with many businesses expressing concerns about economic uncertainty and labor shortages.
FTC votes to ban noncompete agreements for most workers: U.S. companies would no longer be able to bar employees from taking jobs with competitors under a rule ...
apnews.com/article/jobs-employers-noncompete-agreements-economy-pay-4d7b3eb8e143cfd52025c7f2f5259fc4
Quick Glance: US implements ban on worker 'competition agreements' with business groups filing lawsuits
- The U.S. Federal Trade Commission has approved a framework to eliminate agreements often signed by employees to refrain from joining their employers' competitors or establishing rival businesses.
- The ban on noncompete agreements is projected to boost worker earnings by up to $488 billion over the next decade and facilitate the establishment of over 8,500 new businesses annually.
- Prominent business associations have criticized the framework and declared legal actions, contending that noncompete agreements assist companies in safeguarding trade secrets and advancing competitiveness.
- Unions have endorsed the FTC's vote in favor of the ban, hailing it as a significant triumph for workers that will enhance the national economy by fostering entrepreneurship.
Watch: Huge fire breaks out at Russian oil facility: A huge fire has broken out at a Russian oil refinery following reports of overnight drone attacks.
bbc.com/news/av/world-europe-68888835
Once the West Coast's crown jewel, San Francisco's real estate market is crashing
nypost.com/2024/04/23/real-estate/san-franciscos-real-estate-market-is-crashing/
Quick Glance: San Francisco's Real Estate Market in Turmoil
- The city of San Francisco, once seen as the shining star of the West Coast, is now on the verge of collapse, with seemingly no one raising the alarm.
- In particular, the city's housing market has been severely impacted over the past year, with prices plummeting and homeowners fleeing en masse.
- Jamie Dimon, CEO of JPMorgan Chase, did not hold back in his comparison of San Francisco's issues to those of New York City, stating that the Bay Area is 'in far worse shape.'
- San Francisco is failing in all aspects, leading to a quiet collapse of its housing market, where once luxurious properties are now being offered at significant discounts.
Empty SF office tower at 995 Market St sells at near 90% discount: An empty San Francisco office tower in the Mid-Market neighborhood at 995 Market Street ...
sfchronicle.com/realestate/article/s-f-tower-sells-90-discount-19418186.php
5 ‘Dream Bathroom’ Upgrades That Homeowners Tend to Regret: Luxe bathroom trends, from zellige tiles to vessel sinks, seduced these homeowners and interior ...
wsj.com/style/design/bathroom-upgrades-homeowners-regret-1d921e72
Millennial moved from Florida to southern Portugal for a better life: Andrew Ibrahim was tired of Florida, and worried about what it was turning into ...
businessinsider.com/millennial-moved-florida-southern-portugal-better-life-2024-4
Blackstone, KKR Mortgage REITs (BXMT, KREF) Face Souring Office Loans: Blackstone Inc. and KKR & Co. mortgage real estate investment trusts are grappling ...
bloomberg.com/news/articles/2024-04-24/blackstone-kkr-mortgage-reits-stung-by-office-debt-challenges
Baron Real Estate Income Fund Q1 2024 Shareholder Letter: Baron Real Estate Income Fund increased 1.96% in the first quarter of 2024, outperforming the MSCI US ...
seekingalpha.com/article/4685660-baron-real-estate-income-fund-q1-2024-shareholder-letter
The Folly of China’s Real-Estate Boom Was Easy to See, but No One Wanted to Stop It
wsj.com/real-estate/china-real-estate-bubble-bust-35a2b7db
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