Desmond Lachman, CNN Business Perspectives The Federal Reserve’s timidity with interest rate increases likely means that we will have to learn to live with a prolonged period of high inflation. It also means that we should brace ourselves for a nasty economic recession when the Fed is eventually forced to raise interest rates more aggressively…
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A gauge of U.S. pending home sales fell unexpectedly in February for a fourth straight month as limited inventory continued to restrict a real estate market that’s now facing another challenge — rising borrowing costs. The National Association of Realtors’ index of pending home sales decreased 4.1% from a month earlier to an almost two-year…
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Around 6 million people will buy homes this year, and they will confront two complications: Home prices will keep going up, and so will mortgage rates. These twin challenges might make you feel anxious about being able to afford to buy a home. The anxiety might give you the urge to hurry. “With mortgage rates…
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By Louis Hansen | Bay Area News Group Bay Area cities are hot again — if applications from Generation Z renters are any indication. The San Francisco and San Jose metros were two of the fastest-growing destinations for college-aged and post-grad transplants in the U.S. in recent months, according to real estate consulting firm Yardi…
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The anticipation was that something new and something different would be something better. So the returns of Victor Oladipo and Markieff Morris were embraced, even with the Miami Heat already perched at the top of the Eastern Conference. But in this case, there also have been equal and opposite reactions, including losses to the Minnesota…
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New proposals to give Californians some relief from record high gas prices are thick with politics and blame-shifting. On Wednesday, Gov. Gavin Newsom announced that because “oil and gas companies continue to rake in record profits” and also “Putin’s invasion of Ukraine,” he’s riding to the rescue with another $11 billion from the state…
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By Mark Gurman | Bloomberg Apple Inc. is working on a subscription service for the iPhone and other hardware products, a move that could make device ownership similar to paying a monthly app fee, according to people with knowledge of the matter. The service would be Apple’s biggest push yet into automatically recurring sales, allowing…
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In January 2020, the Miami Heat faced a decision when it came to 3-point specialists available in the G League, opting to sign Gabe Vincent from the Sacramento Kings’ affiliate rather than promote Mychal Mulder from their own G League team. Now the Heat have both. In a move than only impacts the regular-season roster,…
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Celebrated for their accomplishments in their respective fields and their service and support of the university, Cal State Fullerton is recognizing four Titan alumni and one honorary alumna as the 2022 Vision & Visionaries award recipients. Established in 1994 and in its 25th year, the awards are the highest honors presented by CSUF to alumni…
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Celebrity medium Tyler Henry is OK with people being skeptical about his abilities. Even the late talk show host Larry King took a playful jab at Henry while appearing on “Larry King Now.” Henry said he had accidentally walked in on King using the restroom while on set, startling both parties, and he recalls King…
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