The attack potentially marked a major escalation in a series of maritime attacks in the Mideast linked to the Israel-Hamas war as multiple vessels found themselves in the crosshairs of a single Houthi assault for the first time in the conflict....
Many factors have influenced this unusual market, of course. But one that affects the housing shortage in particular is institutional real estate investment. Institutional investors purchased 13.2 percent of all properties sold in 2021, according to a 2022 report by the National Association of Realtors (NAR). Perhaps more concerning is the fact that they bought those homes for 26 percent lower than the state median prices during that period.
These large investment companies are exacerbating the home-inventory shortage by buying up the most affordable properties and renting them out, making it even harder for individuals and families, especially first-time homebuyers, to get themselves onto the housing ladder. Source
Industry advocates argue that they do not control enough market share to dictate prices in any market. Large institutions owned roughly 5% of the 14 million single-family rentals nationally in early 2022, according to analysts.
By 2030, the institutions may hold some 7.6 million homes, or more than 40% of all single-family rentals on the market, according to the 2022 forecast by MetLife Investment Management. Source
Mississippi has long had high childhood immunization rates, but a federal judge has ordered the state to allow parents to opt out on religious grounds....
Kristin Davison parted ways with Never Back Down just after she took over leading the group following the departure of CEO Chris Jankowski less than two weeks ago. Also leaving Saturday were communications director Erin Perrine and director of operations Matt Palmisano, according to two people familiar with the matter who spoke...
Speaking at a campaign event in Iowa, Trump said it was important to scrutinize the vote in the battleground states likely to determine the general election. He singled out the biggest cities in Michigan, Pennsylvania and Georgia....
A small western Pennsylvania water authority was just one of multiple organizations breached in the United States by Iran-affiliated hackers who targeted a specific industrial control device because it is Israeli-made, U.S. and Israeli authorities say....
But the ultimate fate of the subpoenas is uncertain. If Crow and Leo defy the information requests — which ask for a detailed accounting of gifts, transportation and lodging the two men provided or helped organize for Supreme Court justices and the justices’ relatives — Democrats would need a 60-vote majority to enforce...
The centerpiece of the audit, as ProPublica detailed in an investigation nearly four years ago, is a 2005 transaction that moved tens of billions of Microsoft’s U.S. profits to Puerto Rico to help the software giant save billions in taxes. In a letter sent Wednesday, three senators, citing ProPublica’s reporting, focused...
The ruling by 261st Civil District Court Judge Daniella DeSeta Lyttle calls on DPS to fulfill 28 records requests filed by the news organizations, which include ProPublica and The Texas Tribune, subject to redactions such as personal information of police officers and blurring the faces of minor victims in crime scene...
Police say a dead longhorn cow was found on the lawn of an Oklahoma State University fraternity on Friday, the day before the school’s football team plays the University of Texas Longhorns in the Big 12 championship game....
It was Jan. 5, 1975. Crouch, then 18, was in net for the Junior A Markham Waxers, playing against the Royal York Royals at a rink in North Toronto. As he recalls it, the play was routine. The outcome was not....
Refugee camp reportedly hit as Israel bombards Gaza | Reuters Video (www.reuters.com)
Video only...
Israeli forces reported to be pushing into southern Gaza (www.bbc.com)
The BBC has also verified pictures on social media which shows an Israeli tank operating near the city....
The Pentagon says US warship, commercial ships attacked in Red Sea. Houthis claim attacking 2 ships (apnews.com)
The attack potentially marked a major escalation in a series of maritime attacks in the Mideast linked to the Israel-Hamas war as multiple vessels found themselves in the crosshairs of a single Houthi assault for the first time in the conflict....
Pending home sales drop to a record low, even worse than during the financial crisis (www.cnbc.com)
‘Medical Freedom’ Activists Take Aim at New Target: Childhood Vaccine Mandates (www.nytimes.com)
Mississippi has long had high childhood immunization rates, but a federal judge has ordered the state to allow parents to opt out on religious grounds....
Three officials have left a pro-DeSantis super PAC in the group's latest shake-up, AP sources say (apnews.com)
Kristin Davison parted ways with Never Back Down just after she took over leading the group following the departure of CEO Chris Jankowski less than two weeks ago. Also leaving Saturday were communications director Erin Perrine and director of operations Matt Palmisano, according to two people familiar with the matter who spoke...
Trump calls on supporters to 'guard the vote' in Democratic-run US cities (www.reuters.com)
Speaking at a campaign event in Iowa, Trump said it was important to scrutinize the vote in the battleground states likely to determine the general election. He singled out the biggest cities in Michigan, Pennsylvania and Georgia....
Breaches by Iran-affiliated hackers spanned multiple U.S. states, federal agencies say (www.independent.co.uk)
A small western Pennsylvania water authority was just one of multiple organizations breached in the United States by Iran-affiliated hackers who targeted a specific industrial control device because it is Israeli-made, U.S. and Israeli authorities say....
Broadcom CEO tells VMWare workers to 'get butt back to office' after completing a $69 billion merger of the two companies (fortune.com)
Broadcom is laying off 1,267 Palo Alto-based VMware workers following its acquisition of the company...
Senate Committee Authorizes Subpoenas of Harlan Crow and Leonard Leo as Part of Supreme Court Ethics Probe (www.propublica.org)
But the ultimate fate of the subpoenas is uncertain. If Crow and Leo defy the information requests — which ask for a detailed accounting of gifts, transportation and lodging the two men provided or helped organize for Supreme Court justices and the justices’ relatives — Democrats would need a 60-vote majority to enforce...
Senators Question KPMG Role in Microsoft Profit-Shifting Scheme (www.propublica.org)
The centerpiece of the audit, as ProPublica detailed in an investigation nearly four years ago, is a 2005 transaction that moved tens of billions of Microsoft’s U.S. profits to Puerto Rico to help the software giant save billions in taxes. In a letter sent Wednesday, three senators, citing ProPublica’s reporting, focused...
Texas Judge Orders Release of Uvalde Shooting Records (www.propublica.org)
The ruling by 261st Civil District Court Judge Daniella DeSeta Lyttle calls on DPS to fulfill 28 records requests filed by the news organizations, which include ProPublica and The Texas Tribune, subject to redactions such as personal information of police officers and blurring the faces of minor victims in crime scene...
A teenage girl who says she discovered a camera in an airplane bathroom is suing American Airlines (apnews.com)
Dead longhorn found on Oklahoma State fraternity lawn the day before championship game with Texas (apnews.com)
Police say a dead longhorn cow was found on the lawn of an Oklahoma State University fraternity on Friday, the day before the school’s football team plays the University of Texas Longhorns in the Big 12 championship game....
Decades after he nearly died, hockey player asks why neck guards still aren't mandatory (www.cbc.ca)
It was Jan. 5, 1975. Crouch, then 18, was in net for the Junior A Markham Waxers, playing against the Royal York Royals at a rink in North Toronto. As he recalls it, the play was routine. The outcome was not....