Summary List Placement More of America’s wealthiest citizens don’t want to be American anymore, according to new data compiled by Axios. In 2020, according to IRS data, 6,707 Americans gave up their citizenships — a 237% increase from the prior year. It’s particularly pronounced among some of the wealthiest, who have been leaving at more […]
Summary List Placement Landlords and real estate groups are scrambling to derail the Biden administration’s latest moratorium on evictions in high-infection areas only a day after it was handed down. The Washington Post reported that the Alabama Association of Realtors and its peer chapter in Georgia filed a lawsuit on Wednesday challenging the moratorium’s legality, […]
Summary List Placement After graduating during a pandemic and working remotely for a year, I’m heading back to school as a graduate student at the Information Management and Systems program at UC Berkeley. After deferring for a year due to the pandemic, I’ve registered for my classes, signed a lease, and am almost ready […]
The average 30-year fixed-rate mortgage slipped back down to 2.77% for the week ending August 5, according to mortgage rates data released Thursday by Freddie Mac‘s PMMS. The week prior, mortgage rates had rebounded slightly to 2.80%. According to Sam Khater, chief economist at Freddie Mac, concerns over the COVID-19 Delta variant, along with lower […]
Today, the U.S. Department of Education (Department) announced the approval of New Hampshire’s American Rescue Plan Elementary and Secondary School Emergency Relief (ARP ESSER) plan and distributed remaining ARP ESSER funds to them. New Hampshire’s plan details how the state is using and plans to use ARP ESSER funds to safely reopen and sustain the […]
British police have arrested 11 people as part of an investigation into the online racist abuse directed at some of the Black players in the England soccer team following their defeat in last month’s Euro 2020 final. Marcus Rashford, Jadon Sancho and Bukayo Saka were the targets of the abuse after they missed spot-kicks in […]
Summary List Placement The number of Americans filing for unemployment benefits dropped less than expected last week, capping off a volatile month that signaled a slowing of the labor market’s rebound. Jobless claims dipped to an unadjusted 385,000 last week, the Labor Department announced Thursday. That compares to a median estimate of 383,000 claims from economists surveyed […]
Thursday marked another day of upsets and surprises on Day 16 of the Tokyo Olympics. The upsets occurred at Olympic Stadium, the host venue for track and field, beginning with the men’s 110-meters hurdles, as 31-year-old Jamaican Hansle Parchment edged 23-year-old Grant Holloway of the United States. Holloway is the reigning world champion in the […]
Summary List Placement Rob Ettaro and Kaliana Veros have been house hunting outside Salt Lake City for months. In the winter, the couple fell in love with a $479,000 home in Midvale, Utah. They prepared their first offer carefully, offering $6,000 above the asking price. The house ultimately sold to someone else — for $60,000 […]
Summary List Placement For centuries educators, religious organizations, and parents have long sought to control what children and adults read by banning literature. Books are challenged as an attempt to restrict materials, with claims commonly based on opposing political viewpoints, explicit content, LGBTQIA+ content, or violence. The American Library Association (ALA) is an organization […]
Summary List Placement The states that are seeing robust employment growth for small businesses are also ones where many residents are vaccinated, according to a new report from Gusto. The report from Gusto, a small business payroll and benefits platform, shows that small businesses in the service sector tended to have larger employment growth in […]
Georgian strong man Lasha Talakhadze broke his own world record to retain the title in the men’s heaviest weight class at the Tokyo Olympics on Wednesday with a combined lift of 488 kg. Talakhadze, who won a gold at the 2016 Rio Games in the same category, lifted 223 kg for the snatch and 265 […]
Fewer than five million households failed to make their rent or mortgage payments in the second quarter of 2021, despite the effects of the COVID-19 pandemic still being felt across the country. According to the Mortgage Bankers Association’s Research Institute for Housing America (RIHA), 8.6% of renters (2.86 million households) missed, delayed, or made a […]
Glenn Stearns, CEO at eXp Residential real estate brokerage eXp continues to be profitable, and company CEO Glenn Sanford became a fan of Glenn Stearns through reality television. Those were two takeaways from the company’s second quarter earnings call on Wednesday, in which Sanford and other company executives wrestled with how to diversify a company […]
Summary List Placement Many student-loan debt borrowers are currently stuck in limbo, thanks to a growing civil war within the Democratic Party. Come the end of September, they’ll have to resume paying their federal student loans after enjoying an 18-month reprieve from payments and zero interest accrual. The pause has helped millions of borrowers stay […]
Summary List Placement The river-adjacent roads of Sussex County, New Jersey, don’t offer the restaurants, museums, and nightlife of New York City. But for roughly 140,000 Americans, the cheaper housing and sprawling land make up for the commute. Such is the appeal of an exurb. Areas known as “exurbs” were clear beneficiaries of pandemic-era migration. […]
Summary List Placement August is a month of endings and beginnings. Summer may be winding down, but many are looking towards school starting, new opportunities at work, or getting a head start on planning for fall. Whether you’re squeezing in a few more beach reads or looking for new books to read on your commute, […]
Summary List Placement Months of record-breaking prices. A historic imbalance between buyers and sellers. Most homes selling in less than one month. To say homebuying in 2021 has been difficult is a gross understatement. And it seems that, finally, buyers have had enough. Two significant developments stand to cool the housing market from its current fervor, […]
Depository bank Citi continues to round out its mortgage executive team under the stewardship of Brad Wayman. Citi announced this week that it had appointed industry veteran Liz Bryant as the new head of retail mortgage sales for the U.S. Bryant comes to the St. Louis-headquartered lending operation following a long career at Wells Fargo, […]
Summary List Placement Conservatives, including a former Trump economic official, worry that the new eviction ban implemented by the Biden Administration on Tuesday could lead to less housing getting built, as millions of Americans prepared to be forced out of their homes amidst an ongoing pandemic. These worries come after the Biden administration announced a […]
Thank you, Mayor Scott, not only for your kind introduction, but for the work you and the city have done on behalf of the students and residents here in Baltimore. In partnership with your schools, the medical health system and the health department, the City of Baltimore is an example of the type of leadership […]
Summary List Placement As workplaces begin to reopen from the COVID-19 pandemic, more skilled professionals in the US are choosing freelancing as their main source of employment, according to a new report. Upwork, a freelancing platform that connects professionals with businesses, surveyed workers who spent most of their time working remotely the past year. Most […]
Summary List Placement Former teacher Carrie Presley won “Teacher of the Year” two of the four years she worked for school districts in Oklahoma and Texas. As an accountant-turned-math teacher, she told Insider she believed she finally found her calling, but during the pandemic she made a difficult decision: She quit teaching two weeks into […]
Summary List Placement The US private sector added much fewer jobs than expected last month as several states began ending enhanced unemployment benefits and COVID cases crept higher, driven by the surging Delta variant. Private payrolls rose by 330,000 in July, ADP said in its monthly employment report. That compares to a median estimate of […]
Mortgage applications fell 1.7% in the week ending July 30, according to the latest report from the Mortgage Bankers Association. That’s despite the 30-year fixed rate falling to its lowest level in roughly six months. It’s an about-face from the prior week, in which applications increased 5.7% on the strength of descending mortgage rates. Mike […]
Summary List Placement A few months ago, as COVID-19 restrictions began to ease, many companies ordered their employees to return to the office. Never mind that millions of Americans had grown accustomed to the freedom and flexibility of working from home. The worst of the pandemic appeared to be over, and corporate executives wanted to […]
A Belarusian Olympic sprinter who said she faced punishment if she returned to her country departed Japan Wednesday on a flight bound for Austria. Krystsina Tsimanouskaya was scheduled to land in Vienna Wednesday afternoon. She is then expected to travel on to Poland, where the government has offered her a humanitarian visa. Polish Prime Minister Mateusz Morawiecki posted Tuesday on Facebook that he […]
Summary List Placement For centuries, books have allowed readers to be whisked away to magical lands, romantic beaches, and historical events. Biographies take readers through time to a single, remarkable life memorialized in gripping, dramatic, or emotional stories. They give us the rare opportunity to understand our heroes — or even just someone we would […]
Rocket Companies, parent of Rocket Mortgage, has its eyes on the solar energy industry, announcing this week that it will enter the green energy game by 2022. According to the Detroit-based company, it will be leveraging the same technology, data and client experience used in the mortgage, real estate and personal lending spaces “to help […]
Summary List Placement The Biden administration is poised to announce a limited eviction ban after coming under immense pressure from progressives to act in recent days. A person familiar with the new policy from the White House said it would be a 60-day federal eviction freeze targeted at areas with surging infections from the Delta […]
Summary List Placement Colleges and universities across the US are preparing for the start of a new academic year in the fall. For many, this year’s preparations include finding ways to incentivize students to get the COVID vaccine. From scholarships to free housing, here are some of the perks that higher education institutions are offering […]
The blockchain revolution may soon be coming to mortgage lending. And it could take the form of a very old-school lender – Homebridge Financial Services. The Mike Cagney-led fintech lender Figure Technologies, most recently valued at $3.2 billion, announced Tuesday afternoon that it would merge with Homebridge. “We are bringing together the most robust, powerful […]
Summary List Placement New York City just made a gamechanging move for its economy — and maybe the country’s. Mayor Bill de Blasio announced on Tuesday that workers and people in the city will need to provide COVID-19 vaccination proof for indoor activities at restaurants, gyms, and performance venues. The mandate, known as the “Key […]
When you hear people say that the current housing market is like 2008 all over again, you may want to remind them of the huge differences between this market and that one. The previous economic expansion, from 2010-2019, wasn’t a housing bubble. Quite the opposite: In that cycle we had the weakest housing recovery ever, […]
Summary List Placement Filings for unemployment benefits are still roughly double their pre-pandemic norm. There’s reason to believe they’ll never hit those lows — the old “normal” — ever again. Weekly counts of jobless claims have fallen steadily as more Americans have gotten vaccinated and economic restrictions were reversed. Initial claims most recently came in […]
Ghanaian lawmakers are facing backlash over a bill before Ghana’s parliament that aims to make gay rights advocacy illegal. Eight lawmakers are sponsoring the bill, which was introduced in parliament Monday. The bill would impose a maximum 10-year prison sentence on people who support and advocate for same-sex and gay rights. Individuals or groups would […]
Today, the U.S. Department of Education awarded 29 grants totaling $10 million through the Indian Education Professional Development (PD) program. These grants to colleges and universities throughout the nation, including tribal colleges and universities, address a significant gap in the number of qualified Native American (Native) individuals in education-related professions that serve Native students. details ⇒ BusinessMediaguide.Com portal received this content from this noted web source: Website of U.S. Department of Education
Wildfires scorching some of Turkey’s most popular destinations have upended a nascent recovery in the country’s tourism sector hobbled for more than a year by the COVID-19 pandemic. Scenes of happy beachgoers flocking to coastal areas turned nightmarish as fires forced mass-evacuations of tourists and locals alike in cities such as Bodrum and Marmaris. Tuesday […]
The purchase market reigned supreme in the second quarter of 2021, and multichannel lender loanDepot reported a 31% increase in purchase mortgage transactions from the prior quarter. But the lender’s gain-on-sale margin and net income fell significantly during the second quarter, a trend that is keeping executives and LOs up at night across the industry. […]
Summary List Placement Rep. Alexandria Ocasio-Cortez of New York hasn’t slept much. But on Tuesday morning, she showed no signs of exhaustion as she greeted people at the steps of the Capitol. Progressives led by Rep. Cori Bush of Missouri have staged a sit-in at the Capitol since Friday night, demanding an extension of the […]
Summary List Placement The Medical College Admission Test (MCAT) is a requirement to apply to almost all US medical schools and many Canadian medical schools. The MCAT assesses your problem-solving skills, critical thinking, and concept knowledge to help admissions directors predict your future medical prowess. “Most of the test focuses on basic premedical sciences of […]
Fannie Mae continues to reap the rewards of low mortgage rates as it posted a net income of $7.2 billion for the second quarter of 2021, up from $5 billion in the first quarter. Refinances continued to account for the majority of the government-sponsored entity’s acquisitions. In the second quarter, refinances made up 65%, or […]
Summary List Placement August 3 is Black women’s Equal Pay Day. That is, it will take a typical Black woman starting on January 1, 2020 an additional seven months into 2021 to earn what non-Hispanic white men made in 2020 alone. Black women working full-time, year-round make 63 cents for every dollar similarly employed non-Hispanic […]
The White House Initiative on Historically Black Colleges and Universities (Initiative) today announced its eighth cohort of HBCU Scholars. This program recognizes 86 undergraduate, graduate, and professional students for their accomplishments in academics, leadership, civic engagement and much more. details ⇒ BusinessMediaguide.Com portal received this content from this noted web source: Website of U.S. Department […]
Huan Huan, a giant panda on loan to France, gave birth to twin cubs very early Monday, according to the Beauval zoo. The twins, born around 1 a.m., are Huan Huan and her partner Yuan Zi’s second and third cubs, after the first panda ever born in France, Yuan Meng, in 2017. “The two […]