The most recent inflation data shows that in January prices rose 3.1% year over year. That’s a significant improvement from when inflation spiked to over 9% in 2022, though it’s still above the Federal Reserve’s 2% target. Amidst this backdrop, many real estate experts predict that mortgage rates will drop somewhat this year from their current levels in the mid-6s …
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House impeaches Alejandro Mayorkas in historic vote, punishing DHS chief over handling of U.S.-Mexico border
Washington — The House voted to impeach Homeland Security Secretary Alejandro Mayorkas on Tuesday over his handling of the U.S.-Mexico border, with Republicans issuing the chamber’s harshest constitutional punishment against a Cabinet secretary for just the second time in U.S. history. The vote on two articles of impeachment was 214 in favor to 213 opposed, with three Republicans voting with …
Read More »North Korea launches multiple cruise missiles into the sea, Seoul says
South Korea’s military says it has detected North Korea firing multiple cruise missiles into waters off its northeastern coast in its fifth test of such weapons since January. South Korea’s Joint Chiefs of Staff on Wednesday didn’t immediately provide the exact numbers of missiles fired or how far they flew. It added that both South Korea and U.S. intelligence agencies …
Read More »Flight attendants hold picket signs and rallies in protest for new contracts, pay raises
Three separate unions representing flight attendants at major U.S. airlines are picketing and holding rallies at 30 airports on Tuesday as they push for new contracts and higher wages. The flight attendants are increasingly frustrated that pilots won huge pay raises last year while they continue to work for wages that, in some cases, have not increased in several years. …
Read More »What the inflation news means for home equity rates
While the inflation rate has dropped significantly from its peak of 9.1% in June 2022, it appears that we may not be out of the woods just yet. The latest inflation report, released today, shows that inflation ticked back up again in January, with consumer prices rising by 3.1% from a year earlier. That’s slightly higher than the forecasted figure …
Read More »Houston shooter at Joel Osteens Lakewood Church had 2 rifles, police say
The shooter who opened fire at celebrity pastor Joel Osteen’s Lakewood Church in Houston before being killed by security officers had two rifles at the Texas megachurch but only used one, police said Monday. The shooter was identified as 36-year-old Genesse Ivonne Moreno, who had a history of mental health issues, including being placed under emergency detention in 2016, police …
Read More »CBS News poll: South Carolina Republicans give Trump large lead over Haley ahead of 2024 primary
It turns out not all politics is local. In South Carolina’s 2024 Republican primaryelection, most voters look back approvingly on Nikki Haley’s time as the state’s governor, but also say it doesn’t matter to them that she’s from the state — and instead say that they’re thinking nationally about the party’s nomination. So, for that and many other reasons, Donald …
Read More »Plane carrying Canadian skydivers crash lands in Mexico, killing man on the beach with his wife
A plane carrying four Canadian skydivers came down on a beach Sunday in southern Mexico, killing a man who was on the beach with his wife, authorities said. There was no immediate information on why the plane went down, but it appeared to have made an emergency landing and was largely intact, officials said. However, it fell in a relatively …
Read More »5 strategic ways to use a home equity loan during retirement
Retirement is a well-deserved phase of life, and for many seniors, homeownership represents a significant component of their net worth. After all, the uptick in home values over the last few years — which resulted, in large part, from a mix of low-interest rates, limited home inventory and surging home prices during the pandemic — has left the average homeowner …
Read More »House GOP seeks transcripts, recordings of Biden interviews with special counsel
Washington — House Republicans are requesting recordings and transcripts of special counsel Robert Hur’s interviews with President Biden after a lengthy report criticized his handling of classified documents. Hur’s report, released last week, did not charge Mr. Biden with a crime, but said he “willfully retained and disclosed classified materials after his vice presidency when he was a private citizen.” …
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