2023 was not a great year for the mortgage market. Thanks to elevated inflation and the highest interest rates in decades meant to tame it, mortgage interest rates surged, hitting their highest point since 2000. And while they’ve dropped slightly since, they’re still exponentially higher than they were in 2020 and 2021, for example. The long-term forecastfor rate cuts and …
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For five years, a New York City man managed to live rent-free in a landmark Manhattan hotel by exploiting an obscure local housing law. But prosecutors this week said Mickey Barreto went too far when he filed paperwork claiming ownership of the entire New Yorker Hotel building — and tried to charge another tenant rent. On Wednesday, he was arrested …
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Lighting up the deep overnight sky, a Falcon 9 rocket thundered away from Florida early Thursday, boosting a commercially built robotic lander on a flight to the moon. If successful, it will become the first American spacecraft to reach the lunar surface in more than 50 years. It was SpaceX’s second flight in less than eight hours, following the launch …
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Americans’ economic outlook continues to improve, even if it still isn’t great. The number who see economic growth, or even a boom coming, has risen for the second consecutive month; the number who fear a recession is down again. Ratings of the current economy are at their highest level in over two years; they’ve also been trending up, albeit slowly …
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There may be a reason so many hopeful singles on dating apps say they bank hours a day on the platforms swiping and scrolling without great results. Match Group-owned apps including Tinder and Hinge are designed to addict users and lock them “into a perpetual pay-to-play loop,” according to a proposed class-action lawsuit, filed in California district court on Wednesday …
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As Lunar New Year festivities continue around the Bay Area, a student who grew up in San Francisco’s Chinatown gave KPIX her unique perspective on the neighborhood’s rich history, struggle and strength. San Francisco’s Chinatown is the oldest Chinatown in the nation, with one of the largest Lunar New Year celebrations in the country. For Tracy Law, the world famous …
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Moscow — President Vladimir Putin said Wednesday that Russia would prefer to see President Joe Biden win a second term, describing him as more experienced than Donald Trump. Speaking in an interview with a correspondent from Russian state television, Putin declared that he will work with any U.S. leader who is elected, but noted that he would prefer a Biden …
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JERSEY CITY, N.J. — The generations-old tradition of quilting in African American heritage is celebrated as a one-of-a-kind form of expression, which stemmed from necessity. CBS New York’s Kristie Keleshian spoke with textile artist Bisa Butler and a local quilting guild aimed at keeping the tradition of quilting alive for generations to come. Within the walls of Butler’s Jersey City …
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BOSTON – A new study published in Menopause says women who suffer from both migraines and common menopausal symptoms could be at higher risk for cardiovascular disease. Nearly 80% of menopausal women experience hot flashes and about 17% of women in their late reproductive years get migraines. But how does having both affect a woman’s overall health? Researchers followed nearly …
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New York City — At New York’s John F. Kennedy International Airport last month, Elissa Montanti waited patiently for a flight coming in from Cairo carrying 5-year-old Omar Abukwaik. Montanti, founder and director of the Global Medical Relief Fund, had to cut through red tape to get Abukwaik to the U.S. — a frightened boy in desperate need of medical …
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