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The housing market for 2024 is nearing its end, and experts are now predicting what 2025 will bring. According to a recent report from realtors, home sale prices in the U.S. are expected to grow by 3.7% in 2025, with mortgage rates remaining above 6%. The report also forecasts single-family home inventory to increase by … Read more
The IIHF World Junior Championships kicked off today, featuring 10 teams and top U-20 players from around the world. The tournament runs through January 5th in Ottawa, with Pittsburgh Penguins prospects taking part. Forward Tanner Howe, a second-round pick in 2024, will represent Canada, while Finnish defensemen Kalle Kangas (seventh round, 2023) and Emil Pieniniemi … Read more
Uber Technologies Inc., a global ride-hailing giant, has expressed disappointment over Taiwan’s decision to reject its $950 million bid for Delivery Hero SE’s Foodpanda unit in the island nation. The Fair Trade Commission of Taiwan cited concerns that allowing Uber to acquire Foodpanda would limit competition in the local food delivery market. Despite this setback, … Read more
Artificial intelligence (A.I.) is set to reshape the economic geography of America, benefiting midsize cities in the Midwest, Mid-Atlantic, and South that have the right attributes to thrive. A recent study by labor economists Scott Abrahams and Frank Levy identified nearly two dozen metropolitan areas expected to benefit from A.I. technology. These cities share key … Read more
A 26-year-old OpenAI whistleblower named Suchir Balaji had sounded the alarm on the company’s allegedly illegal copyright practices before his death. Balaji worked at OpenAI for four years, but quit after becoming disillusioned with the company’s data scraping efforts. He was being considered as a potential witness in a high-profile lawsuit filed by The New … Read more
India’s former Prime Minister Manmohan Singh has died aged 92. Singh served as prime minister from 2004 to 2014 and was a key architect of India’s economic liberalization in the 1990s. He previously served as finance minister from 1991 to 1996, where he implemented reforms that saved India’s economy from a severe crisis. Singh, an … Read more
Loyalists to the ousted regime of Bashar al-Assad have attacked police officers in Syria’s Tartus countryside, killing 14 officers and wounding 10 others. The attack was the first major retaliation against the new rulers of Syria. The victims died during an “ambush” by forces loyal to Assad’s regime, according to the transitional administration. Police were … Read more
Russia has cautioned against speculating about its air defenses potentially causing the crash of an Azerbaijan Airlines plane in Kazakhstan that killed 38 people. Kremlin spokesperson Dmitry Peskov stated that it’s essential to wait for the end of the probe before casting any conclusions. The Embraer 190, carrying 67 passengers from multiple countries, crashed on … Read more
A recent study published in the JAMA Health Forum has shown that the average BMI of adults in the US may have decreased slightly after years of steady rise. The study, which analyzed data from 16.7 million adults aged 25-75 between 2013 and 2023, found a slight drop in obesity rates in 2023, with an … Read more