Summary List Placement What a whirlwind 2021 has been — and we’re only halfway through. Although only six months in, 2021 has already been an exciting, challenging, and hopeful year for so many. If you’re looking to pass the time as you restart your commute, seeking an escape from reality, or eager to learn, […]
Summary List Placement True crime — nonfiction accounts of real crimes — is a quickly growing genre in nearly all forms of media, from podcasts to documentaries. Nonfiction true crime books in particular often offer more details that not only give readers information about notable crimes but can garner greater empathy for victims, shed […]
Table of Contents: Masthead StickySummary List Placement If you’re looking to advance your career and need further education to do it, you’ve probably run into Harvard Extension School. It offers a wide range of graduate programs and certificates in such subjects as sustainability, creative writing, and back-end web development. Like Harvard Divinity School, HES is […]
Mortgage applications for new home purchases fell 9% month-over-month in May at a seasonally unadjusted pace ― the second consecutive month sales of new homes have dropped, according to data released Thursday by the Mortgage Bankers Association. Compared to May of last year, MBA’s Builder Application Survey (BAS) revealed purchases are down 5.9%. On a […]
Summary List Placement Lumber prices are so high they’ve created an entire black market. US lumber prices are currently more than double last year’s, after they hit a record high last month. Jim Yarbough, a supply-chain expert from British Standards Institution, told Bloomberg the soaring prices have created a massive opportunity for an underground lumber […]
Summary List Placement Sen. Bernie Sanders, chair of the Senate Budget Committee, drafted a $6 trillion infrastructure package that Senate Democrats are considering approving without GOP support, per two people familiar with the matter. The sources, who described it as an early blueprint, were granted anonymity because they weren’t authorized to speak publicly. The figure […]
The average 30-year fixed-rate mortgage fell three basis points from the week prior to 2.93%, according to data released Thursday by Freddie Mac‘s PMMS. This marks the first time in over two months mortgage rates have fluctuated outside a five basis point range above or below 3%. “Mortgage rates continued to drift down as markets concur with […]
Summary List Placement Food prices are surging in grocery stores as well as on restaurant menus. Last week, Chipotle hiked prices for menu items by about 4%, as the cost of labor and ingredients continues to rise amidst a spike in demand. Red Robin and Cracker Barrel have also increased prices by about 3%, The […]
Summary List Placement Filings for unemployment insurance increased last week, indicating new snags in the labor market’s recovery. Weekly jobless claims came in at an unadjusted 412,000 last week, according to the Labor Department. The median estimate from economists surveyed by Bloomberg was for 370,000 claims. The reading snaps six straight weeks of declines that […]
Spain’s Rafael Nadal will not play at Wimbledon or at the Tokyo Olympics, saying Thursday he has decided to skip the two tournaments after “listening” to his body. Nadal, who reached the French Open semifinals this month but lost to Novak Djokovic, won the title at Wimbledon twice. He also won the Olympic gold medal […]
Summary List Placement Democrats are weighing tucking immigration reform into a large infrastructure package using reconciliation this summer, a step that could significantly expand the scope of a Democratic-only package. Sen. Tim Kaine of Virginia said that Democrats were interested in fully financing Biden’s $4 trillion infrastructure plans instead of deficit-spending, meaning the cost of […]
Summary List Placement A group of ten Republican and ten Democratic Senators announced on Wednesday that they supported a bipartisan proposal for the infrastructure spending package. Sens. Richard Burr, Bill Cassidy, Susan Collins, Chris Coons, Lindsey Graham, Maggie Hassan, John Hickenlooper, Mark Kelly, Angus King, Joe Manchin, Lisa Murkowski, Rob Portman, Mitt Romney, Mike Rounds, […]
Another month of steadily increasing home prices and insatiable demand led Fannie Mae‘s Economic and Strategic Research Group to alter many of its 2021 predictions – in particular, its outlook on the symbiotic relationship between the housing market and inflation measures. While the housing research group believes current inflation acceleration could be considered transitory, price […]
Today, U.S. Education Secretary Miguel Cardona held a virtual roundtable conversation with a diverse group of early childhood stakeholders and leaders who bring perspective from the experiences of early educators, families, and communities during the public health emergency. Today’s conversation will help inform the Department’s early learning priorities. Topics that the early childhood stakeholders discussed included the early educator workforce, childcare and pre-K, early intervention and early childhood special education […]
Summary List Placement Dynastic wealth is growing — and it’s growing faster than the average American family’s wealth. Ten times faster, to be exact. That’s according to a new report from the left-leaning Institute for Policy Studies titled “Silver Spoon Oligarchs,” which examined the growing concentration of wealth in the US. It found that America’s […]
Summary List Placement Republicans are holding strong on their opposition to President Joe Biden’s proposed spending to aggressively combat climate change, along with social investments already on the table. They have long resisted expanding the definition of infrastructure beyond physical items like roads, bridges, and highways. An emerging $1 trillion infrastructure framework that’s being drafted […]
Summary List Placement As one of his first actions in office, President Joe Biden extended the pause on student-loan payments through September to give borrowers financial relief during the pandemic. Education Secretary Miguel Cardona on Wednesday hinted at the possibility of extending the pause even further. “We are continuing conversations about if that’s the best […]
The U.S. Department of Education’s Office for Civil Rights today issued a Notice of Interpretationexplaining that it will enforce Title IX’s prohibition on discrimination on the basis of sex to include: (1) discrimination based on sexual orientation; and (2) discrimination based on gender identity. Title IX of the Education Amendments of 1972 prohibits discrimination on the […]
Did a small gesture by soccer superstar Cristiano Ronaldo really cause Coca-Cola to lose $4 billion? It’s hard to say. In a Monday press conference ahead of Portugal’s Tuesday match with Hungary in the Euro 2020 tournament, the Portuguese striker sat down at the microphone and moved two bottles of Coca-Cola away from him and […]
Summary List Placement A possible cyberattack at The University of Massachusetts Lowell forced school officials to close the campus and cancel classes. According to WCVB, officials at the state school first discovered the possible cyberattack on Tuesday, causing them to cancel classes Wednesday. “UMass Lowell continues to retain control over its IT infrastructure and is […]
Summary List Placement As one of his first actions as Education Secretary, Miguel Cardona cancelled student debt for about 72,000 borrowers defrauded by for-profit schools. On Wednesday, 18,000 more got student-debt relief. The Education Department announced in a press release that it had approved 18,000 borrower defense to repayment claims for borrowers who attended ITT […]
Summary List Placement The deeply reported New York Times investigation into Amazon’s workforce issues contains a lot of fascinating data, but one number jumped out at me the most. In 2019, even before the pandemic, the turnover rate for Amazon’s hourly workers was 150%, meaning it needed to hire enough workers to replace that entire […]
Good morning Chairwoman Murray and Ranking Member Blunt. details ⇒ BusinessMediaguide.Com portal received this content from this noted web source: Website of U.S. Department of Education
Summary List Placement El Salvador’s move to classify bitcoin as legal currency has the potential to completely collapse its economy, Steve Hanke, professor of applied economics at Johns Hopkins University, said in a Kitco News interview on Tuesday. After describing President Nayib Bukele and members of government who voted to pass the bitcoin law as […]
The U.S. Department of Education (Department) announced today the approval of 18,000 borrower defense to repayment (borrower defense) claims for individuals who attended ITT Technical Institute (ITT). These borrowers will receive 100 percent loan discharges, resulting in approximately $500 million in relief. This brings total loan cancellation under borrower defense by the Biden-Harris Administration to […]
After three straight weeks of declines, mortgage applications increased 4.2% for the week ending June 11, 2021, according to the latest report from the Mortgage Bankers Association. Both purchase and refinance applications increased, with refinances notably up 5.5%, according to Joel Kan, the MBA’s vice president of economic and industry forecasting. “The jump in refinances […]
Summary List Placement Pizza joints may soon have to raise their prices to cope with soaring ingredient costs, a New Jersey restaurant owner said. The restaurant industry is currently paying more for some ingredients because of supply-chain problems and falling production — and a shortage of workers is forcing them to push up wages, too. […]
Summary List Placement America’s richest family dynasties had a lucrative pandemic year. The top 10 richest saw their net worths grew by a median 25%, while family dynasties’ wealth grew at a rate 10 times greater than that of a typical family, according to a new report from the left-leaning Institute for Policy Studies (IPS). […]
Rita Moreno emigrated with her mother from Puerto Rico at age five. By six, she was dancing at Greenwich Village nightclubs. By 16, she was working full time. By 20, she was performing in “Singin’ in the Rain.” “I can’t think of anyone I’ve ever met in the business who lived the American dream more […]
Women in brokerage aren’t common, but Rocket Pro TPO aims to change that. By integrating programs that enhance inclusivity, the company encourages female leadership. HousingWire recently spoke with Keri Stichler, Divisional Vice President at Rocket Pro TPO, about why female leadership is crucial in the mortgage industry and how companies can advocate for inclusivity. HousingWire: […]
Non-QM lender Sprout Mortgage is setting up a distributed retail operation, and it’s picked a veteran of Wells Fargo to lead the new division. Sprout hired former Wells Fargo executive Michael Johnson to expand Sprout’s consumer and retail sales channel, the company said Tuesday. Johnson, who most recently led the depository bank’s Southeast division, will […]
Summary List Placement As bipartisan infrastructure talks plod on, funneling money to beef up IRS enforcement looks like it’ll be sticking around. Sen. Angus King, an independent of Maine who caucuses with the Democrats, told Insider on Tuesday that deciding what pay-fors make it into the final package is difficult — but suggested that funding […]
Parts of the United States are being invaded by a mass brood of cicadas that emerges from the ground once every 17 years. For most people the noisy insects are a nuisance, but for others, they’re a meal. VOA’s Alam Burnahan has details in this story narrated by Irfan Ihsan. Camera: Alam Burhanan, Irfan Ihsan, […]
Summary List Placement With the pause on student-loan payments during the pandemic set to lift in three months, Florida Sen. Marco Rubio reintroduced a bill to defer those payments an extra year — but only if the borrower survived a terrorist attack. Last week, Rubio reintroduced the Terrorism Survivors Student Loan Deferment Act, which would […]
Houston-based nonbank mortgage lender Cornerstone Home Lending is buying Roscoe State Bank, a traditional depository bank headquartered in Roscoe, Texas. The transaction is subject to customary regulatory approvals. Financial terms of the deal were not disclosed and it’s unclear when the deal will close. The prospective merger – relatively rare for a nonbank mortgage lender – […]
Summary List Placement Lumber prices slid again on Tuesday before mounting a recovery as the pandemic-driven boom in the commodity continues to show signs of weakness. Specifically, lumber futures fell as low as $944 per thousand board feet on Tuesday before recovering above $1000. The recovery helped lumber avoid the 10th straight down day for […]
Summary List Placement At least half of US states will soon put a halt to benefits that many unemployed or underemployed workers have relied upon to keep their heads above water financially through the pandemic. More than two dozen Republican governors have announced that their states would soon begin to opt out of federal pandemic […]
A fully autonomous ship named for the Mayflower, the ship that sailed to what is now the eastern U.S. state of Massachusetts, left Plymouth Harbor in southwestern Britain Tuesday to retrace the original’s 5,000-kilometer voyage. If successful, the 15-meter Mayflower 400 would be the largest autonomous vessel to cross the Atlantic. The $1.3 million ship […]
Summary List Placement From fighting the climate crisis to strengthening protections against racial discrimination, President Joe Biden’s regulatory agenda released on Friday covers a lot of ground. Significantly, unlike his budget, it even mentions student-loan forgiveness. But for borrowers waiting for clarity on what will happen to their debt loads, the details are scanty. The […]
Summary List Placement SEE ALSO: Why going to the most expensive colleges might not be worth it “Ditch the dream and be a doer, not a dreamer.” — Shonda Rhimes’ 2014 speech at Dartmouth College The world’s most powerful showrunner told grads to stop dreaming and start doing. The world has plenty of dreamers, she said. […]
Summary List Placement Spending at US retailers slumped for the first time since February last month as more economic restrictions were reversed and Americans settled into a new sense of normal. US retail sales fell 1.3% in May, the Census Bureau said Tuesday. Economists surveyed by Bloomberg held a median estimate for a 0.7% decline. […]
Sexual and gender minorities continue to suffer discrimination and harassment around the world. But in Yogyakarta, Indonesia, some transgender women are finding solace in religious teachings, as reported by VOA’s Rendy Wicaksana. Camera: Rendy Wicaksana details ⇒ BusinessMediaguide.Com portal received this content from this noted web source: VOANews.Com
Summary List Placement Chicken wings are getting much more expensive because farms are struggling to hire staff during a national labor shortage, a Buffalo, New York, restaurant owner told Fox Business Monday. “The chicken wing farms in America, they’re having trouble retaining and recruiting employees,” Greg Duell, the co-owner of a Duff’s Famous Wings restaurant […]
An Argentine prosecutor began hearing evidence on Monday involving seven people accused of contributing to the death of soccer player Diego Maradona. Maradona, the revered former Boca Juniors and Napoli star who was addicted to alcohol and drugs for many years, died Nov. 25, 2020, from heart failure at age 60 after undergoing brain surgery earlier that month. A medical board […]
Summary List Placement Americans waiting to rejoin the workforce have a lot going for them. Businesses rushing to rehire are raising wages and throwing in other incentives ranging from signing bonuses to free iPhones. It’s another story for employed Americans. By some measures, their work lives are actually worsening. The sudden reopening of the US […]