[ad_1] Washington, DC CNN — New home sales were up in November from the month before, even as prices remained elevated and buyers faced some of the highest mortgage rates of the year. Sales of newly constructed homes rose 5.8% in November from October, but were down 15.3% from a …
Read More »White House cautiously optimistic over economy in 2023: ‘Absolutely no sign’ job growth will tumble or unemployment will spike
[ad_1] CNN — As Wall Street and Main Street fret about a potential recession, White House officials are projecting confidence about the economy’s ability to weather the storm in 2023. “We’re feeling cautiously optimistic because we are starting to see some real concrete measurable signs of progress,” Aviva Aron-Dine, deputy …
Read More »Japan’s consumer inflation hits fresh 40-year high
[ad_1] Japan’s core consumer inflation hit a fresh four-decade high as companies continued to pass on rising costs to households, data showed, a sign price hikes were broadening and could keep the central bank under pressure to whittle down massive stimulus. Months before Tuesday’s surprise tweak to its yield control …
Read More »Jan. 6 committee releases final report
[ad_1] CNN — The House select committee investigating the January 6, 2021, insurrection recommends barring former President Donald Trump from holding office again. The recommendation is among the conclusions of the panel’s final report, a comprehensive overview of the bipartisan panel’s findings on how Trump and his allies sought to …
Read More »Athena Strand murder: Delivery driver charged with a 7-year-old’s murder faces 3 unrelated sexual assault charges dating back to 2013
[ad_1] CNN — The new sexual assault charges filed against the delivery driver suspected of kidnapping and killing 7-year-old Athena Strand in Texas earlier this month date back to three separate incidents in 2013, charging documents show. An investigation by the Fort Worth Police Department determined Tanner Lynn Horner allegedly …
Read More »Sam Bankman-Fried is expected to appear in a New York court Thursday
[ad_1] Ne York CNN — A New York federal court hearing for FTX cofounder Sam Bankman-Fried is expected to begin at 1 pm ET Thursday, according to a court spokesperson. Bankman-Fried was extradited to the United States Wednesday night, Bahamas Attorney General Sen. Ryan Pinder confirmed. The Foreign Minister of …
Read More »NFL Sunday Ticket is leaving DirecTV and heading to YouTube TV
[ad_1] New York CNN — The popular NFL Sunday Ticket package is leaving DirectTV and heading to YouTube TV. The NFL announced the partnership with YouTube TV, owned by Google, on Thursday. It follows years of speculation about which media company would be next to own the rights to Sunday …
Read More »The US economy grew much faster than previously thought in the third quarter
[ad_1] New York CNN — America’s economy grew much faster than previously thought in the third quarter, a sign that the Federal Reserve’s battle to cool the economy to fight inflation t is having only limited impact. The Commerce Department’s final reading Thursday morning showed gross domestic product, the broadest …
Read More »Media outlets push fears of officers overdosing from fentanyl exposures. Doctors say it doesn’t add up.
[ad_1] New York CNN — The body-cam footage is harrowing. A Florida police officer, who had discovered what she believed to be fentanyl during a routine traffic stop last week, is seen lying on the ground and struggling to breathe. After a fellow officer administers medication that is used to …
Read More »FTX co-founder and ex-chief of hedge fund Alameda Research each pleaded guilty to multiple charges, are cooperating with fed
[ad_1] CNN — Two senior executives associated with collapsed crypto exchange FTX have pleaded guilty to multiple criminal charges and are cooperating with federal prosecutors, according to unsealed court records. Additionally, the pair face civil fraud charges from the Securities and Exchange Commission that were announced Wednesday night. Gary Wang, …
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