Author: Press Room

US home prices continued to gain ground in August, but the pace of growth slowed considerably as rising mortgage rates pushed more prospective buyers out of the market. Home prices rose 13% in August from the year before, a smaller jump than the 15.6% growth seen in July and 18.1% pace in June, according to the S&P CoreLogic Case-Shiller US National Home Price Index. The drop between July and August was the largest deceleration in the history of the index going back to 1987, surpassing the previous record a month prior. July also marked the first month-over-month decrease for the…

House for Sale by Owner, Forest Hills, Queens, New York.Lindsey Nicholson | UCG | Universal Images Group | Getty ImagesHome prices are still higher than they were a year ago, but gains are shrinking at the fastest pace on record, according to one key metric, as the housing market struggles under sharply higher interest rates.Prices in August were 13% higher nationally compared with August 2021, according to the S&P CoreLogic Case-Shiller Home Price Index. That is down from a 15.6% annual gain in the previous month. The 2.6% difference in those monthly comparisons is the largest in the history of…

Well, Sunday gave us the surprise, even if it didn’t deliver the party. The Chiefs unexpectedly announced rookie running back Isiah Pacheco would get the start ahead of team rushing leader Clyde Edwards-Helaire. That came out of nowhere. It created a mad dash by many to pick up Pacheco while they still could before the Sunday kickoffs started. But he didn’t “get got” in all leagues. As of Sunday night, he still was listed as rostered in only 51 percent of Yahoo leagues and a mere 14 percent at ESPN. It was a bit more reasonable at CBS, where he…

Is it any surprise that the Kardashians love Judith Leiber? The late handbag designer—who launched her label in 1963—and her brand are known for whimsical minaudieres depicting items as far ranging as pancakes and diamonds and martinis garnished with olives. Kim Kardashian carried a bedazzled french fry bag in 2018, Kris Jenner is a private collector, and as of today, all of the KarJenners have collaborated with the label on a series six of bags representing their individual personalities.Leiber’s playful designs can teach us a thing or two about semiotics—the interpretation of meaning, according to Marcel Danesi, author of The…

A Russian court rejected Brittney Griner’s appeal of her nine-year prison sentence for drug possession on Tuesday.The court ruled to uphold the sentence handed down to the WNBA superstar. However, in the ruling, the court stated that the time Griner will have to serve in prison will be recalculated with her time in pre-trial detention taken into account. One day in pre-trial detention will be counted as 1.5 days in prison, which means Griner will serve around eight years in prison unless the U.S. and Russia come to an agreement on a potential prisoner swap in the future. National security adviser…

European shares and US stock futures slipped on Tuesday ahead of a busy day of third-quarter corporate results, while Asian equities fell further after suffering historic declines in the previous session. The regional Stoxx Europe 600 rose 0.1 per cent and Germany’s Dax shed 0.8 per cent as the country’s Ifo Institute noted that domestic business sentiment “continues to be grim”.Martin Wolburg, senior economist at Generali Investments, said he expected the European Central Bank to raise interest rates by 0.75 percentage points to 1.5 per cent on Thursday in an attempt to tackle consumer prices, which reached 10 per cent…

Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content.Crypto projects are coming up with new ways to reward users. Whereas previously investors might have only seen value appreciation through holding tokens or staking, now there are many novel ways to generate revenue. Many projects are doing just this – giving users rewards in interesting ways while they do things that they enjoy.One of these projects is LuckyFi, which offers different kinds of prizes to users on the platform. The project has been in the headlines because it recently began offering what is currently the highest…

Sky News Australia hosts, Paul Murray and Andrew Bolt have slammed the Albanese Government’s first Federal Budget while former Labor Cabinet minister Stephen Conroy backed the key fiscal statement. The heated debate came moments after Treasurer Jim Chalmers handed down Labor’s first budget in almost a decade on Tuesday night. Dr Chalmers unveiled several government spending initiatives to help ease cost of living pressures and rising inflation, including cheaper childcare, changes to parental leave, cheaper medicines and more affordable housing. Stream more on politics with Flash. 25+ news channels in 1 place. New to Flash? Try 1 month free. Offer ends 31 October,…

A lithium mining start-up is to create a US-listed company in a blank-cheque merger as a severe shortage of the metal has become the most serious supply chain bottleneck in the rollout of electric vehicles.European Lithium, which claims to have the region’s first fully licensed lithium mine with deposits in Austria, is to merge with Sizzle Acquisition, a special purpose acquisition company, to create Critical Metal.European Lithium, which is already listed in Australia and will continue to trade there, will become the largest shareholder in Critical Metals, which will have a market capitalisation of $972mn.Other companies have struggled to get…

Canadian Armed Forces ombudsman Gregory Lick is criticizing the military’s treatment of ill and injured reservists and Canadian Rangers, saying the organization is failing to address long-standing gaps for Canada’s part-time soldiers. The gaps were first identified by the ombudsman’s office during four separate investigations between 2015 and 2017, at which time the military promised to take action by implementing nine watchdog recommendations.But in a new report released late Monday, the ombudsman’s office found that none of the nine recommendations have been fully implemented over the past five-plus years.“Certainly, I’m disappointed that they haven’t been able to action or make…