Lifestyle

US home sales fell in July; some buyers see silver lining

US home sales fell in July; some buyers see silver lining

LOS ANGELES — The housing market’s comedown from its high-flying days early this year is deepening, with home sales in July falling for the sixth straight month. Sharply higher mortgage rates, surging inflation and prices that remain near all-time highs are making homes less affordable. Sales fell 20.2% from July last year, reaching the slowest …

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Mr. Big Short Michael Burry Makes a Shocking Decision

Mr. Big Short Michael Burry Makes a Shocking Decision

It’s a puzzling decision that will shock more than one investor.  But Michael Burry is accustomed to blows of brilliance. The emblematic financier, known for having bet on the collapse of subprime mortgages before the 2008 crisis, likes to go against the general trend on Wall Street. For the past few days, the man whose …

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George Soros Deals a Big Blow to Tesla Rival Rivian

George Soros Deals a Big Blow to Tesla Rival Rivian

It’s been a somewhat hectic August for Rivian  (RIVN) .  The startup, which is presented as one of Tesla’s  (TSLA)  most serious rivals in the race for electric vehicles, is currently accumulating setbacks.  The electric vehicle manufacturer has just announced mixed earnings for the second quarter. While the company kept unchanged its forecast to produce …

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Major Cruise Line Drops Vaccine Requirement From U.S. Ports

Where Carnival, Norwegian, Royal Caribbean Sit on Covid Vaccines

Cruise line covid-19 vaccination and testing rules, which were imposed by the Centers for Disease Control and Prevention at the beginning of the pandemic, have been stricter than most. After the pandemic started in early 2020, the CDC signed a No Sail Order on March 14, 2020, which was finally lifted after nearly eight months …

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At Last, Weight-Loss Drugs That Actually Work. They Could Be the Blockbusters of the Decade.

At Last, Weight-Loss Drugs That Actually Work. They Could Be the Blockbusters of the Decade.

This is not a typical weight-loss story. After all of the diet, supplement, and workout fads we’ve endured, we’re about to have drugs that are safe and effective. They’re our best hope yet for stemming the obesity epidemic that threatens the lives of 100 million Americans and half a billion people worldwide. No one has …

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The top 10 cities desperate homebuyers are eyeing in search of cheaper housing

The top 10 cities desperate homebuyers are eyeing in search of cheaper housing

New user data from Redfin reveals that a record share of users were looking to move from one city to another in July, many in search of cheaper housing. Home prices and mortgage rates have gone up so much that people are now increasingly looking to move to more affordable areas, according to a new …

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Surprise: Tesla Has a New Vehicle for the Holidays

Surprise: Tesla Has a New Vehicle for the Holidays

It’s a change to which Elon Musk hadn’t given notice, to either Tesla  (TSLA) – Get Tesla Inc. Report fans or his critics.  Usually, the CEO of the manufacturer of premium electric vehicles makes thundering statements and promises. When it comes to new products and new vehicles, this translates into an ultra-ambitious launch schedule with deadlines …

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These stocks soared up to 12% after inflation cooled

These stocks soared up to 12% after inflation cooled

Amid the euphoria following what appeared to be the first sign of slowing inflation, stocks staged a broad rally on Aug. 10, with dozens of large-cap stocks rising 5% or more. Those included several tech names that investors loved during the early stages of the coronvirus pandemic, along with cruise lines, credit-card lenders and chip-related …

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Don't read vacation emails, keep your return date a secret and other tips for hacking your PTO

Don’t read vacation emails, keep your return date a secret and other tips for hacking your PTO

Americans are notorious for not taking a break. The average U.S. worker took less than 12 days of vacation in 2021 — six fewer than the global average — according to Expedia’s latest Vacation Deprivation study of 14,500 working adults across 16 countries.  Yet an overwhelming majority of workers say taking vacations makes them feel more …

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