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Home Prices Fell Year-Over-Year in May
Business

Home Prices Fell Year-Over-Year in May

Home prices fell from a year earlier in May for the second straight month, as elevated mortgage rates and high prices sidelined buyers. Source link

From Moby Dick to Wind Farms: East Coast Tries to Pivot Centuries-Old Ports
Business

From Moby Dick to Wind Farms: East Coast Tries to Pivot Centuries-Old Ports

Listen to article (2 minutes) NEW LONDON, Conn.—The boats tied up at Gary Yerman’s dock in this seaside city have long trawled for scallops and

Home Sales Fall Amid High Mortgage Rates, Low Supply
Business

Home Sales Fall Amid High Mortgage Rates, Low Supply

Existing home sales, which make up most of the housing market, decreased 3.3% in June from the prior month to a seasonally adjusted annual rate

Homeowners Don't Want to Sell, So Home Builders Are Booming
Business

Homeowners Don't Want to Sell, So Home Builders Are Booming

High mortgage rates are dissuading sellers, leaving new construction the only game in town. ‘There was no inventory on the existing market, so everybody was

Record Miami Land Sale Collapses Amid Slowdown
Business

Record Miami Land Sale Collapses Amid Slowdown

Even the hot Miami commercial real-estate market is being slowed by high interest rates and tight credit. Source link

Manhattan Luxury Real-Estate Market Heats Up
Business

Manhattan Luxury Real-Estate Market Heats Up

New York City’s luxury residential market is gaining momentum, another sign that pockets of the U.S. housing market are stirring to life despite high interest

Some Conferences Steer Away From Florida, Citing State's Divisive Laws
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Some Conferences Steer Away From Florida, Citing State's Divisive Laws

A number of conventions have pulled out of Florida over state policies that organizers describe as hostile to LGBT people and minorities. Source link

Fox News-Dominion Defamation Trial Is Set to Begin
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Fox News-Dominion Defamation Trial Is Set to Begin

A Delaware jury is scheduled to hear opening statements on whether election-fraud broadcasts were defamatory. Source link

Florida Gov. Ron DeSantis Sets Stage for Legislative Action Against Disney
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Florida Gov. Ron DeSantis Sets Stage for Legislative Action Against Disney

The company says state officials previously reviewed its comprehensive plan for development near Orlando. Source link

Fox News, Dominion Prepare for Battle in $1.6 Billion Defamation Trial
Business

Fox News, Dominion Prepare for Battle in $1.6 Billion Defamation Trial

A Delaware jury is slated to decide whether the network acted with “actual malice” in broadcasting false election-fraud claims. Source link