Author: Press Room

Carvana surges 35% amid short squeezeRates on residential mortgages dip, according to Freddie MacThe cost of financing a home purchase slipped further this week.The average interest rate on a 30-year fixed-rate mortgage inched down to 6.33%, a decline from the prior week’s average rate of 6.48%, according to data from Freddie Mac. Meanwhile, rates on 15-year loans are averaging 5.52%, slipping from last week’s average level of 5.73%.Though the rates on these loans are ticking lower, they are still high compared to where they 12 months ago – before the Federal Reserve began its rate hiking campaign in earnest. A…

“Lord of the Dance” star Michael Flatley has been diagnosed with an “aggressive form of cancer.”The 64-year-old Irish dance legend’s diagnosis was revealed in a statement on Flatley’s social media accounts on Wednesday, Jan. 11.”Dear friends, we have something personal to share, Michael Flatley has been diagnosed with an aggressive form of cancer. He has undergone surgery and is in the care of an excellent team of doctors,” read the statement, which was accompanied by a black-and-white photo of Flatley staring at the sea.The statement concluded, “No further comments will be made at this time. We ask only for your…

CNN  —  First lady Dr. Jill Biden on Wednesday spent several hours at Walter Reed National Military Medical Center, undergoing a scheduled outpatient procedure that revealed a second area of concern for skin cancer. According to a letter issued by White House physician Dr. Kevin O’Connor, Biden had a Mohs surgery to remove and examine a lesion above her right eye, which was recently discovered during a routine skin cancer checkup. “The procedure confirmed the small lesion was basal cell carcinoma,” O’Connor wrote in the letter. “All cancerous tissue was successfully removed, and the margins were clear of any residual…

Despite it being 2023, women still face undue censorship and misogynistic attacks over what they wear in public. Oscar-nominated actor Florence Pugh inadvertently highlighted this reality last year when she wore a sheer Valentino gown. The hot pink number’s intentional “free the nipple” moment caused a stir. The Vogue cover star publicly addressed all the hoopla in a new interview with Chloe Schama. Pugh says she does not allow so-called societal norms and decorum to limit how she dresses (which we can all take some inspiration from). “I’ve never been scared of what’s underneath the fabric,” Pugh said. “If I’m happy in…

Jeff Beck, the British rock star known for his mastery of guitar, died of bacterial meningitis, his family announced Wednesday. Beck, 78, spent last summer touring Europe and released a joint album with actor Johnny Depp in July. He contracted meningitis “suddenly,” according to the statement on his official website and social media accounts.“His family ask for privacy while they process this tremendous loss,” the statement said.A representative for Beck said he had been sick over the holidays and died Tuesday at a hospital near his home in Surrey, England. Beck, an eight-time Grammy winner, earned two spots in the…

Tyler Winklevoss, chief executive officer and co-founder of Gemini Trust Co., left, and Cameron Winklevoss, president and co-founder of Gemini Trust Co., speak during the Bitcoin 2021 conference in Miami, Florida, U.S., on Friday, June 4, 2021.Eva Marie Uzcategui | Bloomberg | Getty ImagesCameron Winklevoss and Barry Silbert were both early believers in bitcoin who made a fortune on their investments and built big businesses along the way. For nearly two years, they enjoyed a mutually beneficial partnership that made their customers a lot of money.Now, the bitcoin heavyweights are in a bruising war of words that illustrates the depths…

BlackRock, the world’s largest asset manager, is cutting about 500 jobs following a period of rapid hiring. A spokesperson for BlackRock told CNN on Wednesday that the layoffs amount to less than 3% of the company’s workforce. BlackRock (BLK), a leader on Wall Street, has been on a major hiring spree in recent years. The company hasn’t conducted a major round of layoffs since 2019 and has increased its headcount by about 22% over the past three years, a BlackRock spokesperson told MarketWatch, adding the job cuts are coming in the face of an “unprecedented market environment.” News of the…

Jenna Ortega has been busy capturing our hearts as Wednesday Addams on her hit Netflix show Wednesday. So much so that the actor was nominated at last night’s Golden Globes in the Best Actress in a Musical or Comedy TV Series category. She may wear all-black attire and pigtails while in-character on her show, but for the ceremony’s red carpet, the star opted for a softer ensemble. “What drew me to this look the most, is it felt like enough of a departure from a lot of the darker looks I’ve been wearing lately,” Ortega says. Ortega chose a sweeping pinkish…

Only a few months after welcoming her third child, Michelle Williams hit the red carpet last night at the Golden Globes. The actor was nominated for “Best Actress” for her acclaimed role in the Steven Spielberg-directed drama The Fablemans. For the special occasion, she wore a cream gown by Gucci that featured dramatic, oversized ruffles along the one-shoulder silhouette. The expertly tailored gown also included a cinched waist and a high-slit, making it a bold and enchanting statement piece of postpartum fashion. Williams tells Vogue walking the Golden Globes red carpet was a welcome break. “Red carpets are moments of escapism from daily…

Within hours of being sworn in as the new governor of Arkansas, Sarah Huckabee Sanders signed an executive order Tuesday banning the term “Latinx” from official use in the state government.It is one of the first, if not the first, executive order of its kind, Tabitha Bonilla, an associate professor of human development and social policy at Northwestern University, told NBC News.It was one of seven orders signed by Sanders, a Republican, right after taking the oath. The other ones focused on prohibiting Arkansas schools from teaching critical race theory, budgeting and spending as well as other government affairs.Most of…