US New Home Sales Remain Sluggish Despite Builder Incentives

US new home sales edged up 0.6% in June, but fell short of economist expectations, according to Bloomberg. Builders offered aggressive discounts to combat high prices and borrowing costs. The median price of new homes dipped 3% year-over-year, but remains 23% higher than pre-pandemic levels. This has left many buyers priced out, despite mortgage rates … Read more

Tesla’s Profit Plummets Amid Musk’s Politics Fallout

Tesla’s latest quarterly earnings have shown a sharp decline in profits and revenue, as the company struggles to recover from Elon Musk’s involvement in politics. The electric vehicle manufacturer reported a 12% drop in revenue and a 16% decrease in profits, with sales dropping sharply due to buyer reluctance. The issue is largely attributed to … Read more

Malnutrition Crisis Deepens in Gaza Amid Israeli Siege

A four-month siege by Israel has taken a devastating toll on Gaza’s hospitals, which are now struggling to cope with a growing number of malnourished children. The situation is dire, with children so thin they can barely fit across the width of their own bones. The severe restrictions on food imports have left society on … Read more

NY Times Columnist Accuses Critics of “Genocide Chorus” for Overusing Term Amid Gaza Crisis

The New York Times has once again proved itself to be complicit in a uniquely horrific crime, this time through the twisted journalism of columnist Bret Stephens. In his latest column, Stephens attempts to downplay the severity of Israel’s actions in Gaza, claiming that critics who accuse Israel of committing genocide are overusing the term. … Read more

ECB Rate Unchanged at 2% Amid US-EU Trade Deal Uncertainty

The European Central Bank (ECB) held its interest rate steady at 2%, leaving uncertainty over the outcome of US-EU trade negotiations unresolved. The decision, made by the ECB’s monetary policy committee, aimed to stabilize financial markets and support economic growth in the eurozone amid rising inflation concerns. However, the move was met with caution due … Read more

MLB Hall of Fame Expands with Class of 2025 Inductees

The National Baseball Hall of Fame will welcome its 89th member this weekend as the Class of 2025 is formally inducted. The new class includes baseball legends CC Sabathia, Dick Allen, Ichiro Suzuki, Billy Wagner, and Dave Parker. CC Sabathia, a six-time All-Star and two-time World Series champion with the Yankees, was elected to the … Read more

Comcast Spinoff Nominates Board Members for Versant Media Group

Comcast has named the board members of its planned spinoff company, Versant Media Group Inc., moving forward with separating cable channels from NBCUniversal. The Philadelphia-based internet and cable-TV provider had previously announced plans to spin off the channels while keeping the NBC broadcast network, Bravo, and Peacock streaming platform. Versant will be a publicly traded … Read more

COVID-19’s Lasting Impact on Brain Health Revealed

A recent study has found that living through the COVID-19 pandemic aged our brains, with accelerated aging seen in both those infected and those not infected. Researchers at the University of Nottingham compared brain scans from 1,000 people during and before the pandemic, finding that pandemic-era brains aged about 5.5 months faster than pre-pandemic brains. … Read more