These 5 US Cities Have the , Fastest-Rising Home Prices.
'Newsweek' reports that five cities in the
United States saw home prices increase by more
than 8% between January 2023 and January 2024.
The S&P CoreLogic Case-Shiller National Home Price
Index showed that all 20 cities analyzed had year-
over-year increases during the same period of time.
According to the report, , these are the five cities where , home prices grew the fastest:.
Chicago, IL, Home prices increased by 8%
year-over-year in the Windy City.
According to the latest Redfin data, the median sale price of a house in Chicago was $335,000 as of February 2024, a 6.3% increase compared to the same time last year.
Charlotte, NC, Charlotte saw home prices increase
by 8.1% year-over-year for 2024,
with the median home price at $399,995.
Detroit, MI, Motor City saw home prices jump 8.3%. The median sale price of a home was $83,000, a significant 15.3% increase compared to 2023.
'Newsweek' reports that while Detroit has some of the cheapest
home prices in the nation, its housing market is seeing a
resurgence due to a boom in electric vehicle production.
'Newsweek' reports that while Detroit has some of the cheapest
home prices in the nation, its housing market is seeing a
resurgence due to a boom in electric vehicle production.
Los Angeles, CA, The city's 8.6% hike ranked as the second-highest
price increase in the nation with the median home
price at $975,000, a 5.9% increase year-over-year.
San Diego, CA, San Diego registered a whopping 11.2%
price increase for 2023 with the median sale price
sitting at $940,000, a 10% year-over-year increase.
Credit: Wibbitz Top Stories Duration: 01:31Published
Experts Say Fed's , Rate Hikes Could Impact , Housing Market for Decades.
Yahoo Finance reports that the housing market
has been showing signs of bouncing back as
this year's spring home-buying season begins.
For the second week in a row, mortgage rates
fell, reaching the lowest level in over a month. .
According to Freddie Mac, the average rate
on a 30-year fixed mortgage dropped to
6.74% from 6.88% the week before.
At the same time, supply is also
starting to rebound, with new listings
hitting a 17-month high in February. .
Despite the improvement, experts warn
that the Fed's aggressive rate-hiking campaign could
have long-lasting side effects on the housing market.
Despite the improvement, experts warn
that the Fed's aggressive rate-hiking campaign could
have long-lasting side effects on the housing market.
According to economist Gary Shilling, the Fed's
campaign has created a "perfect storm,"
with higher rates causing would-be
home sellers to put their plans on hold. .
It won't continue
indefinitely, but it certainly
is disruptive right now, Gary Shilling, Economist, via Yahoo Finance.
Redfin CEO Glenn Kelman shared similar views on the future of the housing market, warning it could take decades to move beyond the impact of the Fed's efforts.
Redfin CEO Glenn Kelman shared similar views on the future of the housing market, warning it could take decades to move beyond the impact of the Fed's efforts.
There's going to be low
supply for a long time to
come. What the Fed did…
will have a 30-year tail on it, Glenn Kelman, Redfin CEO, via Yahoo Finance.
Yahoo Finance reports that mortgage rates may be
unlikely to fall much further in the near term, meaning
that a more substantial rebound may still be far off.
Credit: Wibbitz Top Stories Duration: 01:30Published
These US Cities, Have the Highest Populations of, Millionaires.
According to a report by Henley & Partners,
the United States remains the top country in the
world for private wealth creation and accumulation.
Quartz reports that the U.S. accounts
for about 32% of global liquid investable
wealth, valued at approximately $67 trillion.
Here are some of the cities
with the largest populations of
millionaires, according to the report.
Austin, This Texas city had the biggest explosion
in millionaire growth in the U.S. over the past
ten years, reaching 32,700 by the end of 2023. .
Miami, This Florida city is home to
35,300 millionaires and 15 billionaires,
including Amazon CEO Jeff Bezos.
Boston, While having just eight billionaires,
the fewest of any other city on the list,
this New England city is home to , 42,900 millionaires.
Seattle, This Washington State city is the home of
some of the largest corporations in the U.S.,
including Amazon and Microsoft. It's also
home to 54,200 millionaires and 11 billionaires. .
Chicago, Approximately 120,500 millionaires
live in this Midwestern metropolis. .
Los Angeles, The second-most populous city in the U.S. has about, 212,100 millionaires and 43 billionaires.
San Francisco, The tech hub of the U.S. boasts the most
billionaires with a whopping 68, as well as
the second-most millionaires with 305,700. .
New York, The city with the most high
net worth individuals has about , 349,500 millionaires
and 60 billionaires
Credit: Wibbitz Top Stories Duration: 01:31Published
House of Robb, the immersive pop-up featuring tastings, brand activations and live discussions from 'Robb Report,' returned to SXSW for the 2024 festival in Austin. The Hollywood Reporter hosted a conversation with Suzy Batiz, the CEO and founder of Pourri. The chat, titled "From Disaster to Triumph, Making Change That Matters," hit on a wide range of topics, including Batiz's upbringing, her decision to create Poo-Pourri and her concept of an "alive idea."
Credit: The Hollywood Reporter Duration: 35:31Published
Artists and Speakers Boycott SXSW , in Protest of Military and Defense Industry Sponsorships.
As the war between Israel and Hamas rages on,
dozens have canceled their South by Southwest appearances to protest event sponsorships from defense companies
and the U.S. Army, CNN reports. .
As the war between Israel and Hamas rages on,
dozens have canceled their South by Southwest appearances to protest event sponsorships from defense companies
and the U.S. Army, CNN reports. .
The protest is meant to show solidarity
with Palestinians in Gaza.
The protest is meant to show solidarity
with Palestinians in Gaza.
A music festival should not include
war profiteers. I refuse to be
complicit in this and withdraw
my art and labor in protest, Singer-songwriter Ella Williams, via Instagram.
Texas Gov. Greg Abbott took to social
media to respond to the protest.
Bye. Don’t come back, Texas Gov. Greg Abbott, via X.
We are proud of the
U.S. military in Texas. If you
don’t like it, don’t come here, Texas Gov. Greg Abbott, via X.
However, SXSW "does not agree" with Abbott's approach, CNN reports. .
We fully respect the decision
these artists made to exercise
their right to free speech, SXSW organizers, via statement.
The defense industry has historically
been a proving ground for many of
the systems we rely on today. , SXSW organizers, via statement.
These institutions are often leaders in emerging technologies, and we believe it’s better to understand how their approach will impact our lives. , SXSW organizers, via statement.
The Army’s sponsorship is part of
our commitment to bring forward
ideas that shape our world, SXSW organizers, via statement.
The annual Austin, Texas,
festival lasts until March 16
Credit: Wibbitz Top Stories Duration: 01:30Published
Supreme Court Pauses , Implementation of Immigration Law in Texas.
On March 4, the Supreme Court temporarily stopped the state from enforcing a law that gives Texas the authority to arrest and detain those it suspects to be illegal immigrants. .
The administrative hold, issued by Justice
Samuel Alito, will keep the law from going
into effect until March 13, CNN reports. .
It was previously scheduled
to go into effect on March 10.
An emergency application was filed by
immigration groups and the White House
in an attempt to block the law. .
According to the Justice Department, the law would "profoundly" impact the parameters that have "existed between the United States and the States in the context of immigration for almost 150 years.".
Immigration advocates say that Senate Bill 4 will increase instances of racial profiling, detentions and attempted deportations. .
A federal judge in Austin blocked Texas
from implementing the law last week. .
If allowed to proceed, SB 4 could open the door to each state passing its own version of immigration laws, Judge David Alan Ezra, via statement.
CNN reports that "Latinos represent
40% of the population" in Texas.
Credit: Wibbitz Top Stories Duration: 01:31Published
Body cam footage from a Seattle police officer captured the moment they gunned down a suspect ... who pulled a gun on the cops. The footage -- filmed Wednesday.. TMZ.com
Google Fires Employees , for Protesting Israel Contract.
28 Google workers have been fired for protesting
a $1.2 billion contract that the company has with
the Israeli government and military to provide
cloud and AI services, NBC News reports. .
The firings follow an April 16 sit-in at
Google's offices in California, New York and Seattle in which nine workers were arrested.
The group that coordinated the demonstration
is known as No Tech for Apartheid. .
Google issued a statement about the recent firings.
A small number of employee
protesters entered and disrupted
a few of our locations. , Google spokesperson, via statement.
Physically impeding other employees’
work and preventing them from
accessing our facilities is a clear
violation of our policies, and
completely unacceptable behavior. , Google spokesperson, via statement.
We have so far concluded
individual investigations that
resulted in the termination of
employment for 28 employees,
and will continue to investigate
and take action as needed, Google spokesperson, via statement.
No Tech for Apartheid claims that the
workers were fired "indiscriminately.".
This excuse to avoid confronting
us and our concerns directly,
and attempt to justify its illegal,
retaliatory firings, is a lie, No Tech for Apartheid, via statement.
Meanwhile, many of Google's workers have
reportedly quit after experiencing "mental health consequences of working at a company that is using their labor to enable a genocide," No Tech for Apartheid said.
On a personal level, I am opposed
to Google taking any military
contracts — no matter which
government they’re with or what
exactly the contract is about. , Cheyne Anderson, a Google Cloud software engineer based
in Washington who was arrested during a sit-in, to CNBC
Credit: Wibbitz Top Stories Duration: 01:31Published
This Day in History: , Kurt Cobain Dies By Suicide.
April 5, 1994.
The Nirvana frontman died by suicide
in his Seattle home after struggling with
drug addiction and depression for years.
The rock icon had checked himself out of
a Los Angeles rehab just a week earlier.
His body wasn't discovered until three days later when
an electrician visited the home to install a security system.
Police found a suicide note written by Cobain,
in which he quoted the Neil Young lyric that it's
“better to burn out than to fade away.”.
Despite being ruled a suicide by authorities,
Cobain's death has been widely blamed on his partner,
singer Courtney Love.
After the song "Smells Like Teen Spirit" rocketed
Nirvana to worldwide fame, Cobain had been
referred to as "the spokesman of a generation.".
He was 27 years old
Credit: Wibbitz Top Stories Duration: 01:04Published
How to Be , a Better Neighbor.
You don't even know
your neighbors, do you?.
Per a Pew Research study conducted in 2018, only a quarter of adults under 30
said they know even one of their neighbors.
A fostered sense of community may be what's missing in your young life.
A fostered sense of community may be what's missing in your young life.
Here are a few ways to
become a better neighbor:.
Say
Hello.
Obvious, yes, but the logical first
step to becoming a better neighbor
is to introduce yourself.
Don't do anything grandiose so you
don't come on too strong.
You don't have to show up with a fresh apple pie or anything like that. , Chris Loggins, supervising producer
Daniel Tiger's Neighborhood, via NPR.
You don't have to show up with a fresh apple pie or anything like that. , Chris Loggins, supervising producer
Daniel Tiger's Neighborhood, via NPR.
Small Acts
of Kindness.
Show your neighbors that you can
be a kind and generous person.
Always clean up after your pets,
and don't litter.
Connect.
Often it may feel easier to just go home, but experts believe human connection is worth the effort.
Overcoming the initial anxiety may trouble you, but meeting new people could increase your happiness
Credit: Wibbitz Top Stories Duration: 01:30Published
Biden Is Giving $6 Billion , to Micron Technology , for Semiconductor Production.
On April 25, President Biden will travel to Syracuse, NY, to announce over $6 billion in federal grants that his administration is awarding to Micron Technology, NPR reports. .
Senate Majority Leader Chuck Schumer, who was heavily involved in enacting the CHIPS and Science Act, issued a statement about the investment. .
This is the federal government taking back the reins, putting money where its mouth is when we say we want the future of tech to be stamped: 'Made in America.', Senate Majority Leader Chuck Schumer, via statement.
Micron will invest $100 billion of the funds to construct a manufacturing facility in Syracuse.
Schumer referred to the plan as "quite a
great return" on the government's investment.
A factory will also be built in
Boise, Idaho, NPR reports. .
That facility is expected to be ready for production by 2026, while two New York factories will likely be ready by 2028 and 2029.
The White House estimates that
the projects could create 20,000 jobs
in construction and manufacturing.
in addition to "tens of thousands of
indirect jobs in the regions," NPR reports. .
The CHIPS and Science Act has also provided funding for Intel, TSMC and Samsung
Credit: Wibbitz Top Stories Duration: 01:30Published
Are You in a Creative Rut? , Here's How to Stay Inspired.
Have you had a hard time accessing the creative part of your brain lately?.
Maybe you're hoping for a magical breakthrough
like something you'd see in a movie.
Experts say it may not be so easy, but it's still possible to pull yourself out of a creative rut if you keep these things in mind:.
Creativity Is for Everyone.
Most folks are creative, and experts
say you don't have to be a genius
to harness the power.
I think we are already
creative beings and
how you use that
[creativity] is
up to you, Sarah Urist Green, producer of
'The Art Assignment,' via NPR.
You don't need to have particular skills; you don't need to have
particular materials. , Sarah Urist Green, producer of
'The Art Assignment,' via NPR.
Take a Break.
Experts say allowing your brain to de-stimulate is great practice
if your schedule allows. .
What our brains actually need is periods of destimulation, Rahaf Harfoush, host of 'The Thought Experiment,' via NPR.
which means no screens, no emails, no audiobooks. , Rahaf Harfoush, host of 'The Thought Experiment,' via NPR.
Don't Force
Yourself.
Experts say don't use stress as a tool
to get things done.
Being overly reliant on pressure and stress may deepen your creative rut.
It could also increase chances of
anxiety attacks and depression
Credit: Wibbitz Top Stories Duration: 01:30Published
How to Be , More Timely.
Have you been rolling out
of bed with minutes to spare?.
Maybe you've been wondering to yourself: "where does all the time go?".
Strive to be on time with these helpful tips:.
Timeliness is
a Sign of Respect.
Being timely can project respect for ourselves and others.
I think it's very important to be on time. , Rashelle Isip, professional organizer-productivity consultant, via NPR.
You can always let time pass, but you can't
get it back once it's already gone. , Rashelle Isip, professional organizer-productivity consultant, via NPR.
Plan Ahead.
For the chronically late, experts
say it helps to have a plan.
There's a lot of steps
that I think people just don't consider. , Rashelle Isip, professional organizer-productivity consultant, via NPR.
There's a lot of steps
that I think people just don't consider. , Rashelle Isip, professional organizer-productivity consultant, via NPR.
Help yourself by picking out tomorrow's outfit today. Pack your bag, and confirm appropriate directions before you depart.
Be Honest With Yourself and Others.
Everybody is late for something now and then. True character is how you respond to it.
If you know you're going to be late to something, the very best thing you can do is communicate right away, Rashelle Isip, professional organizer-productivity consultant, via NPR.
If you know you're going to be late to something, the very best thing you can do is communicate right away, Rashelle Isip, professional organizer-productivity consultant, via NPR.
It's not thinking about it and then calling or texting
30 minutes later.
It means right at that moment. , Rashelle Isip, professional organizer-productivity consultant, via NPR.
It's not thinking about it and then calling or texting
30 minutes later.
It means right at that moment. , Rashelle Isip, professional organizer-productivity consultant, via NPR
Credit: Wibbitz Top Stories Duration: 01:30Published
FTC to Decide , Whether Noncompete Agreements , Should Be Banned.
After receiving over 26,000 public comments about the issue, the Federal Trade Commission is set to deliver its verdict on April 30, NPR reports. .
The commission said that if approved, the
final rule "would generally prevent most
employers from using noncompete clauses.".
The commission said that if approved, the
final rule "would generally prevent most
employers from using noncompete clauses.".
Approximately one in five Americans, spanning minimum wage workers to CEOs, are subject to noncompete agreements, the FTC estimates. .
The Biden administration says that these types of agreements hurt workers by decreasing wages.
The White House also argues that these
agreements harm the U.S. economy because entrepreneurship isn't allowed to freely flourish. .
FTC Chair Lina M. Khan issued a statement when
the proposed ban was initially introduced.
The freedom to change jobs is
core to economic liberty and to
a competitive, thriving economy, FTC Chair Lina M. Khan, via statement.
Noncompetes block workers from
freely switching jobs, depriving
them of higher wages and better
working conditions, and depriving
businesses of a talent pool that
they need to build and expand, FTC Chair Lina M. Khan, via statement.
Businesses argue that noncompete agreements are essential for safeguarding investments and proprietary information.
Those businesses also question whether
the agency has the power "to regulate
such agreements," NPR reports. .
If the FTC votes to issue a final rule, enforcement wouldn't occur for 180 days,
and legal challenges would likely ensue.
Credit: Wibbitz Top Stories Duration: 01:31Published
Harvey Weinstein's guilty verdict in New York was overturned, but there's no way that happens here on the West Coast ... according to the L.A. County D.A.'s.. TMZ.com
Road rage in Los Angeles is very real ... with motorists throwing punches on the side of a freeway in this wild video -- after eyewitnesses say they got into a.. TMZ.com
LAX airline workers got an unexpected earful from a woman who went on a vicious tirade ... only for her to realize she was screaming at the wrong terminal the.. TMZ.com
Matty Healy's finally responding to Taylor Swift's diss track aimed at him -- but, fans aren't gonna get the drama they might've hoped for from him ... just the.. TMZ.com
Tennessee Passes Bill , Allowing Teachers to Carry Guns.
The Tennessee House of Representatives passed the bill by a vote of 68-28 on April 23, CBS News reports.
The legislation would grant some teachers
and staff the right to carry concealed
handguns at public schools.
The bill will now be sent to Republican
Gov. Bill Lee to either sign or veto. .
If signed into law, the legislation would represent the largest expansion of gun access in Tennessee since the deadly shooting at
The Covenant School in Nashville last year.
Teachers and staff carrying guns would only be known to administrators and police.
Teachers and staff carrying guns would only be known to administrators and police.
Other teachers and students' parents
would not be privy to the information. .
If a school worker wants to carry a handgun, they'd have to have a "permit and written authorization from the school's principal and local law enforcement," CBS News reports. .
If a school worker wants to carry a handgun, they'd have to have a "permit and written authorization from the school's principal and local law enforcement," CBS News reports. .
School districts would need
to grant permission as well.
A background check and 40 hours of training would also be mandatory.
However, school staff would be prohibited from carrying their guns during events at stadiums, gymnasiums or auditoriums. .
Protesters shouted
"Blood on your hands" after
the bill was passed by the
House on April 23
Credit: Wibbitz Top Stories Duration: 01:30Published
Justin Bieber, Machine Gun Kelly, Ty Dolla $ign and several other huge artists are taking the loss of rapper Chris King hard, after the Nashville native was.. TMZ.com
Morgan Wallen , Speaks Out About Recent Arrest.
Wallen was arrested on April 7 "in downtown Nashville for reckless endangerment and disorderly conduct," according to attorney Worrick G. Robinson.
The country star threw a chair
off the roof of Chief's bar which landed
near police officers below on the street. .
Wallen took to X on April 19 to publicly address the incident, NBC News reports. .
I didn’t feel right publicly checking in
until I made amends with some folks. , Morgan Wallen, via X.
I’ve touched base with Nashville law
enforcement, my family, and the good
people at Chief’s. I’m not proud of my
behavior, and I accept responsibility, Morgan Wallen, via X.
I have the utmost respect for the
officers working every day to keep
us all safe. Regarding my tour,
there will be no change, Morgan Wallen, via X.
The country star was also arrested for
public intoxication and disorderly conduct
in 2020, NBC News reports.
At that time, he was ejected
from Kid Rock's bar in Nashville.
In 2021, Wallen faced public outcry
and was suspended from his label for using
a racial slur in a video that had surfaced.
His album, 'One Thing at a Time,' was America's most-consumed album in 2023, NBC News reports.
Hit songs from the record include
"Last Night," "You Proof" and "Thinkin' Bout Me."
Credit: Wibbitz Top Stories Duration: 01:30Published
Morgan Wallen's speaking out about his arrest in Nashville ... saying he needed to make some mea culpas before he could put out a statement -- and adding, his.. TMZ.com
Morgan Wallen was arrested and jailed on Sunday night in Nashville. The country artist was arrested for reckless endangerment while out in downtown Nashville. The singer allegedly threw a chair from the 6th story roof of a bar owned by fellow country music star Eric Church while celebrating its opening weekend.
Credit: The Hollywood Reporter Duration: 01:11Published
California to Distribute , 'Inflation Relief' Checks , to Millions of Residents.
On June 26, California lawmakers and Governor
Gavin Newsom reached a budget deal to distribute
"inflation relief"..
Credit: Wibbitz Top Stories Duration: 01:31Published
Once Again, Gas Prices , Surge to New Heights.
CNN reports the spike in gas prices isn't getting any better in the United States.
According to AAA, the average price
of fuel in the country..
Credit: Wibbitz Top Stories Duration: 01:30Published
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