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Want lower home prices? Cut incentives for house investors

Basic economics tells you that if you lower the demand for a product, the price should fall. Limiting financial incentives for housing investors could increase the share of homes owned by the folks who live there. Consider a new study from the American Enterprise Institute. It notes that favorable financing available to small-scale house investors…
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How the rich pass on their wealth. And how you can too

By MATT SEDENSKY, AP National Writer NEW YORK (AP) — Death and taxes may be inevitable. A big bill for your heirs is not. The rich have made an art of avoiding taxes and making sure their wealth passes down effortlessly to the next generation. But the tricks they use – to expedite payouts to…
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US Cancer Institute studying ivermectin’s ‘ability to kill cancer cells’

By Rachana Pradhan, KFF Health News The National Cancer Institute, the federal research agency charged with leading the war against the nation’s second-largest killer, is studying ivermectin as a potential cancer treatment, according to its top official. “There are enough reports of it, enough interest in it, that we actually did — ivermectin, in particular…
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Tony Clark resigning as head of MLB players union, AP source says, as possible cap fight looms

By RONALD BLUM, AP Baseball Writer TAMPA, Fla. (AP) — Tony Clark is resigning as head of the Major League Baseball Players Association, a person familiar with union’s deliberations said Tuesday. The person spoke to The Associated Press on condition of anonymity because his decision, first reported by ESPN, had not been announced. The person…
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This sticky rice recipe riffs on a dim sum classic for Lunar New Year or any time

By BETTY LIU, Voracious Sticky rice, aka sweet glutinous rice, is best steamed so its plump, chewy grains are ready to sponge up all the flavor. This dish from my cookbook “The Chinese Way” is a riff on lo mai gai, a dim sum classic. I created it almost by accident when I was obsessed…
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Elevate Prize winners gain more than $300K in funding. They learn to better tell their own stories

By GLENN GAMBOA, AP Business Writer For Mónica Ramírez, being named one of this year’s 10 Elevate Prize winners means so much more than the monetary and structural support that comes with it. It means the work she does with her Fremont, Ohio-based nonprofit Justice for Migrant Women, which advocates for the rights and needs…
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Warner Bros reopens takeover talks with Paramount after receiving a waiver from Netflix

By MICHELLE CHAPMAN, AP Business Writer NEW YORK (AP) — Warner Bros. will reopen takeover talks with Paramount Skydance after receiving a seven-day waiver to do so from its preferred bidder, Netflix. Warner Bros. said in a regulatory filing Tuesday that the waiver will allow it to discuss unresolved “deficiencies” in Paramount’s previous offers. Warner…
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Wall Street heads lower in premarket trading as tech stocks appear poised for more losses

By YURI KAGEYAMA and MATT OTT, AP Business Writers Wall Street pointed toward more losses before the opening bell Tuesday, kicking off a holiday-shortened week of trading that will bring more earnings reports and some highly-anticipated economic releases. Futures for the S&P 500 were down 0.5% in premarket trading, while futures for the Dow Jones…
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Vietnamese youth say Tết is a reminder about ‘resilience’

High school junior Maya Do spent the weeks leading up to today’s kickoff of Tet tucking crisp bills into red envelopes, picking ao dai dresses to wear with friends and preparing a speech to deliver to hundreds at her first protest. Do, 16, was born in Vietnam. Her mother immigrated to the United States in…
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​David Archuleta recalls ‘American Idol’ and coming out in memoir, ‘Devout’

It’s the day after Super Bowl LX, and like a lot of people who watched Bad Bunny’s halftime show, David Archuleta can’t get the lyrics to the hit “DtMF” out of his head. As the former “American Idol” star bounded up to the patio at Tam O’Shanter, the cozy Scottish restaurant off Los Feliz Blvd.…
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