Mortgage Rates Soar, Home Sales Plunge as Housing Market Stalls

Mortgage rates have reached their highest level in three weeks, pushing home sales to new lows. The 30-year fixed-rate mortgage averaged 6.89% for the week ending May 29, according to Freddie Mac. This increase is attributed to volatile financial markets stifling the housing market. The Mortgage Bankers Association reports that higher mortgage rates have reduced … Read more

Emmy Winner Loretta Swit Dies at 87

Emmy-winning actress Loretta Swit died on Friday, May 30, at the age of 87 due to natural causes. Her publicist Harlan Boll confirmed the news. Swit was best known for her role as Major Margaret J “Hot Lips” Houlihan in the CBS series M*A*S*H from 1972 to 1983, earning her two Primetime Emmy Awards and … Read more

Target Misses Earnings, Cites Uncertainty and Diversity Backlash

Retail giant Target has suffered its worst earnings quarter in years, missing analyst expectations and seeing declining foot traffic due to a social media boycott sparked by the company’s reversal of its diversity initiatives. The chain reported $23.85 billion in revenue, down 2.8% from last year, with comp sales falling 3.8% and in-store foot traffic … Read more

Dinosaur Eggshell Study Confirms Biogenic Origin of SEUs

Scientists have long debated the biogenic origin of secondary eggshell units (SEUs) in dinosaur eggs. A new study has finally shed light on this mystery, confirming that these structures are indeed biogenic. Researchers from the Institute of Vertebrate Paleontology and Paleoanthropology led by Dr. Zhang Shukang and Dr. Choi Seung have conducted a comprehensive study … Read more

Gerry Adams Wins €100k in BBC Libel Case Over Murder Allegations

Former Sinn Féin leader Gerry Adams won €100,000 (£84,000) in damages over a BBC story about the murder of a British agent. The court found the former leader defamed in a 2016 BBC NI Spotlight programme and accompanying online article, which alleged he sanctioned the 2006 murder of Denis Donaldson. Adams denies any involvement and … Read more

Macron Threatens Sanctions Over ‘Untenable’ Gaza Aid Crisis

French President Emmanuel Macron has warned that his country could impose sanctions on Israel unless the government responds to the humanitarian crisis in Gaza, which is facing a deepening hunger crisis. The comments come as the international community pressures Israel for a resolution, with aid agencies warning of famine. Macron said the humanitarian blockade is … Read more

AI Supercomputer Coming to Berkeley Lab in Bay Area Partnership

The US Department of Energy plans to build a new flagship supercomputer at Lawrence Berkeley National Laboratory, in partnership with Dell and NVIDIA. The machine will be ten times more powerful than the current supercomputer and utilize cutting-edge Dell servers with the latest NVIDIA AI technology. Named after UC Berkeley Professor Jennifer Doudna, a Nobel … Read more

Wes Anderson’s Latest Conundrum: Is Emotion a Foreign Concept?

Wes Anderson’s latest film, The Phoenician Scheme, is a visually stunning caper about a ruthless business tycoon and his estranged daughter. However, for viewers unfamiliar with Anderson’s oeuvre, the film may feel like a puzzling collection of eccentric characters and events. Anderson’s films often exist in relation to one another like objects on a collector’s … Read more

Judge Ponders AI Impact on Google Search Monopoly Case

A federal judge is weighing the impact of artificial intelligence (AI) on the outcome of a historic tech antitrust case against Google. The case, which began in 2020, revolves around Google’s dominance in online search and its treatment of competitors. Google has argued that people use its Chrome browser because they like it, and that … Read more