US home sales rebound slightly in February U.S. home sales picked up slightly in February but remain sluggish due to tight inventories, affordability problems and nasty winter weather. More
Dollar rises above 100 yen for 1st time in 4 years The dollar has risen above 100 yen for the first time in more than four years as currency traders persist in selling the Japanese currency in reaction to Tokyo's aggressive credit-easing moves. More
Obama to open middle-class jobs, opportunity tour Aiming to show he's still focused on creating jobs, President Barack Obama is beginning a series of quick trips around the country to resurrect ideas from his State of the Union address that became overshadowed by the intense debates over gun control, immigration and automatic spending cuts. More
Retailers report modest gains for April Americans spent briskly during the early spring months in the latest sign that they’re encouraged by the economic recovery. Falling gas prices, a rallying stock market and gains in the job market all fueled Americans’ shopping habits even as cold weather tempered their desire to buy spring fashions. More
US home building is surging, but job growth isn't The resurgent U.S. housing market has sent builders calling again for Richard Vap, who owns a drywall installation company. Vap would love to help - if he could hire enough qualified people. "There is a shortage of manpower," says Vap, owner of South Valley Drywall in Littleton, Colo. More
Federal prosecutors on Tuesday revealed evidence they said shows fugitive Chinese mogul Guo Wengui—as well as an unnamed person who was living with him—had the “opportunity and motive to start” a fire that severely damaged Guo’s lavish penthouse apartment hours after his March 2023 arrest.
Prosecutors shared the incendiary new information about the mysterious blaze, which erupted in the iconic Sherry Netherland building just off Central Park, the day before jury selection is set to start in Guo’s trial for allegedly executing a massive fraud scheme.
The fire reportedly broke out hours after Guo’s arrest at 6 am on March 15, 2023, while FBI agents were still searching the penthouse, causing severe damage to the property.
Donald Trump’s Truth Social stock might be doing better these days, but the company is still struggling to make money. In the first three months of 2024, it pulled in just $770,000 in advertising revenue. To put that in some context, Meta, the parent company of Instagram and Facebook, earned more revenue in just three minutes, on its way to making $36.4 billion in revenue over three months.
Truth Social posted those dismal revenue numbers in a public stock filing on Monday, but as anemic as the revenue numbers are, they aren’t even an improvement from last year.
Politico: “Hogan’s first general election ad is set to air Wednesday, and it’s entirely about abortion. In it, the former governor goes direct-to-camera as he endorses codifying the abortion protections the nation had under Roe v. Wade.”
Said Hogan, in the ad: “With Roe overturned, many have asked what I’ll do in the United States Senate.
And unsealed filing in Donald Trump’s classified documents case says there were two rounds of documents discovered at Mar-a-Lago after the FBI conducted its search.
Jacob Heilbrunn: “Mr. Trump’s economic and foreign policy nationalism would subvert the preponderance of power that America has enjoyed since 1945 and that he has promised to bolster. It has been threatened from without but never from within.”
“As he vows to upend America’s relations with the rest of the globe, the danger is not that Mr.