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Sales of newly built homes dropped 4.7% in April compared with March, and dropped a larger 7.7% from the prior year, the U.S. Census said Thursday. Higher mortgage rates are clearly hampering sales. Some of that is due to the mix of homes selling, which is mostly on the higher end of the market. Those buyers are not as influenced by mortgage rates, as they often use all cash. The big production builders have been buying down mortgage rates to help boost sales, but they are able to do that because of their size.
Persons: Peter Boockvar, Robert Dietz, NAHB's Organizations: Spring Barbera Homes, Builders, Toll Brothers, Bleakley Financial, CNBC, National Association of Home Builders, Wells Fargo . Locations: Loudonville , New York, U.S, Horton, Wells Fargo
James L. Greenfield, an urbane journalist who covered postwar world affairs for Time magazine, served as a State Department official in the Kennedy and Johnson administrations, and for nearly 25 years was a senior editor of The New York Times, died on Sunday at home in the rural town of Washington, Conn. The cause was kidney failure, his wife, Ene Riisna, said. As a foreign and diplomatic correspondent with an insider’s savvy about the workings of Washington, Mr. Greenfield was well placed for a career that took him from the globe-trotting reporter’s life in Europe and Asia into the company of world leaders as a government spokesman and then to the top echelons of the Times newsroom. A protégé of A.M. Rosenthal, a rising star who later became executive editor, Mr. Greenfield was hired by The Times in 1967 and soon became a focus of controversy through no fault of his own. Seeking to rein in the relative independence of The Times’s Washington bureau, Mr. Rosenthal in 1968 urged the publisher, Arthur O. Sulzberger, to name Mr. Greenfield bureau chief, replacing the popular Tom Wicker, who also wrote a political column.
Persons: James L, Kennedy, Johnson, Ene Riisna, Greenfield, A.M . Rosenthal, Rosenthal, Arthur O, Sulzberger, Tom Wicker Organizations: Time, State Department, The New York Times, Times, The Times Locations: Greenfield, Washington, Conn, Europe, Asia, Times’s Washington
If I’d pictured Donald Trump’s first criminal trial a few years ago, I’d have imagined the biggest, splashiest story in the world. In a recent Yahoo News/YouGov poll, only 16 percent of respondents said they were following the trial very closely, with an additional 32 percent following it “somewhat” closely. When people were asked how the trial made them feel, the most common response was “bored.” TV ratings tell a similar story. “Network coverage of Donald Trump’s hush money trial has failed to produce blockbuster viewership,” Deadline reported at the end of April. I’m aware of no similar effort to dramatize this trial’s testimony, and I almost never hear ordinary people talking about it.
Persons: Donald Trump’s, , Yahoo News’s Andrew Romano, who’d, Robert Mueller’s, Robert DeNiro, Rosie Perez, Laurence Fishburne, you’re, you’ve, Trump, Organizations: Republican, Yahoo, Cable, MSNBC
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. The creator started posting short comedy videos during the pandemic, poking fun at people on the internet who make life too complicated for themselves. One of his most popular skits, with 276 million views, shows a person using a knife to peel a banana. "I don't think I have a single sponsor in Italy," Lame said. Lame helped promote Smith's recent film "Bad Boys: Ride or Die" with a short video that amassed 19 million views on TikTok and 111 million on Instagram.
Persons: , Charli D'Amelio, He's, I've, Rodin Eckenroth, Lame, Shaquille O'Neal, Hugo Boss, Naomi Campbell, Robert Downey Jr, Duke McKenzie, Nicola Paparusso, Paparusso, Lame's, Will Smith, he's, Marco Belardi — Organizations: Service, Business, Academy, Google, Pepsi, CIA Locations: Italian, Northern Italy, Italy, Los Angeles, Milan, TikTok, Hollywood
The TCJA reduced federal income tax rates across the board, with the top rate falling to 37% from 39.6%. That would return the federal income tax rates to 10%, 15%, 25%, 28%, 33%, 35% and 39.6%. In the meantime, some higher earners have been leveraging lower income tax rates through 2025 by incurring income now, experts say. The standard deduction could fallWhen filing taxes, you claim the standard deduction or itemized deductions, whichever is greater. Before 2018, about 70% of taxpayers claimed the standard deduction, compared with 90% in tax year 2020, according to the Tax Policy Center.
Persons: Donald Trump, Michael M, Erica York, Roth, it's, Gleckman, Robert Dietz Organizations: Santiago, Getty, Tax, Center, Federal Tax, Senate, Bernstein Private Wealth Management, CNBC Locations: Wildwood Beach, Wildwood , New Jersey, California , New Jersey, New York, Minneapolis
Robert H. Dennard, an engineer who invented the silicon memory technology that plays an indispensable role in every smartphone, laptop and tablet computer, died on April 23 in Sleepy Hollow, N.Y. The cause of death, at a hospital, was a bacterial infection, said his daughter, Holly Dennard. Mr. Dennard’s pioneering work began at IBM in the 1960s, when the equipment to hold and store computer data was expensive, hulking — often room-size machines — and slow. He was studying the emerging field of microelectronics, which used silicon-based transistors to store digital bits of information. His discovery opened the door to previously unimaginable improvement in data capacity, with lower costs and higher speeds all using tiny silicon chips.
Persons: Robert H, Holly Dennard, Dennard’s, Dennard Organizations: IBM Locations: Sleepy Hollow
Skynesher | E+ | Getty ImagesFewer homeowners have been taking on remodeling projects, reports show. The Leading Indicator of Remodeling Activity, an outlook measuring home improvement and repair spending on owner-occupied homes, peaked at 17.3% in the third quarter of 2022. The NAHB/Westlake Royal Remodeling Market Index by the National Association of Home Builders reflects a similar decline. In a release for the group's first quarter report, NAHB Remodelers Chair Mike Pressgrove noted that "demand for remodeling remains solid, especially among customers who don't need to finance theirprojects at current interest rates." The increase in home improvement spending, along the decrease in projects, suggests inflation corroded household budgets, according to the home services website.
Persons: Robert Dietz, NAHB, Mike Pressgrove, remodelers, That's, It's, Redfin Organizations: Getty, Westlake Royal, National Association of Home Builders, RMI, NAHB, Homeowners, State, Angi Locations: U.S
She put the “plop plop, fizz fizz” into Alka-Seltzer. She warned Benson & Hedges smokers that long cigarettes might pop balloons or set fire to beards. And from Niagara Falls to Broadway, she reached millions with her “I ♥ NY” campaign. Ms. Wells Lawrence was the first woman to own and run a major national advertising agency — Wells Rich Greene — and the first female chief executive of a company listed on the New York Stock Exchange. She was “arguably the most powerful and successful woman ever to work in advertising,” Stuart Elliott, who was then the advertising columnist of The New York Times, wrote in 2002 of Ms. Wells Lawrence, who sold her agency for $160 million (about $385 million today) and retired in 1990.
Persons: Seltzer, Benson, Mary Wells Lawrence, Katy Bryan, Ms, Wells Lawrence, Wells Rich Greene —, ” Stuart Elliott Organizations: Braniff, Alka, Hedges, New York Stock Exchange, The New York Times Locations: Niagara Falls, Broadway, Ohio, New York, London
Firefighter Anthony Martinez rates depictions of fires and firefighting scenes in movies and TV shows. He breaks down how a real back draft works in "Backdraft," starring Kurt Russell and Robert De Niro. He explains fire safety in supertall buildings as seen in "Skyscraper," starring Dwayne "The Rock" Johnson; and "The Towering Inferno," starring Steve McQueen, Paul Newman, and Faye Dunaway. He analyzes how vehicle fires are portrayed in "Crash," starring Matt Dillon, Thandiwe Newton, and Sandra Bullock. Finally, he examines the house fires in "End of Watch," starring Jake Gyllenhaal and Michael Peña; and "Ladder 49," starring John Travolta and Joaquin Phoenix.
Persons: Anthony Martinez, Tobey Maguire, Kirsten Dunst, Willem Dafoe, Pete Davidson, Bill Burr, Steve Buscemi, Kurt Russell, Robert De Niro, Dwayne, Johnson, Steve McQueen, Paul Newman, Faye Dunaway, Chuck, Larry, Adam Sandler, Kevin James, Matt Dillon, Thandiwe Newton, Sandra Bullock, Jake Gyllenhaal, Michael Peña, John Travolta, Joaquin Phoenix Organizations: Business Locations: Staten Island
Pete McCloskey, a California congressman who raised a flag of rebellion against President Richard M. Nixon’s war policies in Vietnam with a spirited but futile race for the Republican presidential nomination in 1972, died on Wednesday at his home in Winters, Calif., west of Sacramento. His death was announced in a statement released on Wednesday by a family spokesman, Lee Houskeeper. Mr. McCloskey, who represented an area south of San Francisco for 15 years, from late 1967 to early 1983, was a liberal Republican who admired President John F. Kennedy, voted for environmental causes with Democrats and believed that the Republican Party had veered too far to the right. He had no money, party support or realistic prospects. Tens of thousands of Vietnamese and Americans were dying in a war that could not be won, he argued.
Persons: Pete McCloskey, Richard M, Lee Houskeeper, Mr, McCloskey, John F, Kennedy, Nixon, Shirley Temple Black Organizations: Republican, Republican Party Locations: California, Vietnam, Winters, Calif, Sacramento, San Francisco
A Florida-based Gen Xer made over $300,000 in 2023 secretly working multiple remote tech jobs. AdvertisementIn 2021, Robert was making roughly $180,000 a year from his tech job, but when his workflow slowed, he feared a layoff may be coming soon. AdvertisementThe Gen Xer, a Florida resident, is among the "overemployed" Americans who are secretly working multiple remote jobs to boost their incomes. Aside from family and travel, Robert said he spends most of his money on food and his home. Are you working multiple remote jobs at the same time and willing to provide details about your pay and schedule?
Persons: Xer, , Robert, who've, hasn't, it's, He's, he's Organizations: Service, BI, Business Locations: Florida, Yellowstone, Las Vegas
Robert Downey Jr. disagreed with Chris Hemsworth, who said he was "replaceable" as Thor. AdvertisementRobert Downey Jr. disagreed with Chris Hemsworth after the "Thor" star said he was "replaceable" in the "Avengers" movies. "Hemsworth is, in my opinion, the most complex psyche out of all us Avengers. He's got wit and gravitas, but also such restraint, fire, and gentleness," Downey Jr. continued, before describing Hemsworth's work in "Thor: Ragnarok," "Avengers: Infinity War," and "Avengers: Endgame" as a "formidable hat trick." Downey Jr. and Chris Evans both left after "Endgame," and Scarlett Johansson exited following 2021's "Black Widow."
Persons: Robert Downey Jr, Chris Hemsworth, Thor, Hemsworth, , You've, Downey, Kenneth Branagh, Ken Branagh, He's, Dave Bautista, Kumail Nanjiani, Anthony Hopkins, Mark Ruffalo, Jeremy Renner, Downey Jr, Chris Evans, Scarlett Johansson, Marvel Organizations: Service, Marvel, Fair, Marvel Studios
CNN —A viral video clip circulating online suggested that actor Robert De Niro had confronted pro-Palestinian protesters in New York City, but CNN has learned that the actor was actually filming a TV show. In the video posted onto social media, De Niro is seen yelling, “This is not a movie! (No protesters can be seen in the video.) A Netflix spokesperson told CNN that the video was shot “during an on-location rehearsal” for the series “Zero Day,” on April 27. In the video, “Civil War” actor Jesse Plemons – who co-stars with De Niro in the series – is seen standing in the background.
Persons: Robert De Niro, Niro, De Niro, ” De Niro, De, Stan Rosenfield, , Jesse Plemons – Organizations: CNN, Netflix, Haaretz Locations: New York City, Israel, New York
Late last year, Poland's national security agency estimated that Russia could attack NATO within three years. AdvertisementBut whether Putin really does intend to attack NATO and what an attack might look like remains unclear. In March, Putin denied having any plans to attack NATO members, describing such claims as "complete nonsense." "So, his ambition in growing is not going to be that he will attack NATO and NATO countries next year. A covert war is already underwayRussia, some point out, is already engaged in a war with NATO, albeit covertly.
Persons: , Donald Tusk, Tusk, Putin, Emmanuel Macron, NATO Putin, Philip Ingram, Ingram, Ruth Deyermond, Bryden Spurling, Robert Dover, Spurling, that's, SERGEY BOBOK, Russia's Organizations: Service, Poland's, Business, Bild, NATO, Germany isn't, Ukraine, King's College London, RAND Corporation, University of Hull, European NATO, RAND, Ukrainian Territorial Defence Forces Locations: Europe, Russia, Ukraine, Eastern Europe, Baltic, Estonia, Lithuania, Latvia, Germany, Washington, Russian, NATO, European, Kharkiv, Soviet Union
NBA stars are scoring big in the fashion world
  + stars: | 2024-04-29 | by ( Nick Remsen | ) edition.cnn.com   time to read: +9 min
Basketball players’ style — largely in the men’s league, but increasingly the women’s too — has become a bonafide pillar in fashion media and consumption. Basketball players’ style has more eyes on it than any other sport, the Pulitzer Prize-winning author Mitchell S. Jackson told CNN. “(The league) was the first to embrace it,” Jackson, author of the recently released photobook “Fly: The Big Book of Basketball Fashion,” explained. “Basketball players are so much a part of American culture. Bettman/Getty Images/Courtesy Workman“We talk a lot about current NBA tunnel style, but the league has been America’s most stylish for decades,” Schube continued.
Persons: Tyrese Haliburton, Pepper Robinson, Ron Hoskins, NBAE, — Tyrese Haliburton, , Pharrell Williams, Birkin, it’s, Shai Gilgeous, Alexander, Russell Westbrook, LeBron James, Josh Giddey, Tyler Herro, , Marcus Paul, Luka Dončic, ” There’s, Caitlin Clark, Prada, Sam Schube, Thom Browne, AJ Mast, Tyler Ross, Workman, Virgil Abloh, Louis Vuitton, Williams, Kim Kardashian’s, Donovan Clingan, Caleb Love, Hunter Dickinson, Jared McCain, Duke, Robert Dillingham, Paxson Wojcik, Mitchell S, Jackson, ” Jackson, , LeBron, Michael Jordan, Jordan, Jackson’s, Peggy Sirota, who’ve, Stephen “ Steph ” Curry, Curry, Steph Curry, Jed Jacobsohn “, ’ ” Curry, ” Curry, “ I’m, Kyle Kuzma, Timothée, Johnson, Andrew D, Bernstein, Walt Frazier, Bettman, ” Schube, “ Allen Iverson, Phil Jackson, Pat Riley, Armani, Walt Fraziers, Wilt Chamberlain’s, Fatih Aktas, , ’ ”, , they’d, ” Gilgeous, Alexander —, haven’t Organizations: Indiana Pacers, Basketball, Gilgeous, CNN, GQ, Cleveland Cavaliers, New York Times, Los Angeles Lakers, Oklahoma City Thunder, NBA, UConn, UNC, “ Basketball, Golden State Warriors, Fashion Council, Savant, State, GQ Sports, , Workman New York Knicks, Royce, Anadolu Agency, Getty, Civil, Nike Locations: Haliburton, Arizona, Kansas, Robert Dillingham ( Kentucky, Chicago , Illinois, Gilgeous
Set in the 1970s as the Vietnam War draws to a close, Xuande embodies The Captain, an unnamed double agent for the Viet Cong operating within the American-backed South Vietnamese army. ‘It’s my life’Chinh, known for her role in “The Joy Luck Club,” portrays a refugee mother to a South Vietnamese Major (Phanxine) who is forced to flee to the US. Drawing parallels with her own life, she was born during the Vietnam War and was forced to evacuate at the age of 15. A unique casting challengeCasting the role of The Captain was a critical and challenging task for casting director Jennifer Venditti and her team. Xuande’s response to an international casting call immediately caught their attention with an impressive audition tape.
Persons: Viet Thanh Nguyen, , Park Chan, ” Xuande, Xuande, , Robert Downey Jr, “ Oppenheimer, Sandra Oh, Fred Nguyen Khan, Toan Le, Vy Le, Nguyen Cao Ky Duyen, Alan Trong, , Chinh, Joy, Sofia Mori –, , It’s, ” Oh, Jennifer Venditti, Don McKellar, Xuande familiarized, Chan, we’d Organizations: CNN, HBO, Warner Bros ., Viet, Opportunity, Hollywood, Joy Luck, South Locations: Vietnam, United States, Saigon, Sydney, Australia, South Vietnamese, Los Angeles, South Korea, Hollywood, Viet
The Robert Durst documentary series returns to HBO on Sunday nights, and we've put together everything you need to know about tuning in, including where to watch The Jinx without cable. Initially released as a miniseries in 2015, The Jinx was an illuminating mix of investigative work and bombshell sit-down interviews with Robert Durst. The series, which uncovered some compelling information, made waves when Durst was arrested by the FBI right before the finale. ET on HBO/MaxWhere to watch The Jinx in the USThe Jinx airs Sunday nights at 10 p.m. Max with ads (Monthly Plan) Formerly HBO Max, now just Max, this streaming service is the US home of premium content from HBO and Warner Bros.
Persons: Robert Durst, we've, Durst, Max, you'll, HBO Max, it's, ExpressVPN Organizations: Business, HBO, FBI, Warner Bros, Max Locations: ExpressVPN
Like other Republicans in the House Freedom Caucus, Representative Scott Perry of Pennsylvania, the group’s former leader, carries a pungently far-right portfolio. He has been an unswerving loyalist of former President Donald J. Trump. He has voted against aid to Ukraine and against keeping the government open. Such stances are not especially controversial to Republican primary voters. But among archconservative House members, only Mr. Perry must sell those same views to voters in a politically competitive district this November.
Persons: Scott Perry, Scott Perry of Pennsylvania, Donald J, Trump, archconservative, Perry, Janelle Stelson Organizations: Caucus, Republican, Democratic, Congressional District Locations: Scott Perry of, Ukraine, Pennsylvania’s
His death was confirmed by his son, Miguel Carter DeCoste. Mr. Carter was raised in a bilingual home next door to a synagogue in a predominantly Italian neighborhood in Brooklyn. In his first stage role, at 9, Mr. Carter played the Portuguese explorer Vasco da Gama on a voyage of discovery. It was not him but a much younger Terry Carter who had died in a hit-and-run accident in Los Angeles by a pickup truck driven by the rap mogul Marion “Suge” Knight. Slightly misquoting Mark Twain, Mr. Carter posted on social media: “Rumors of my death have been greatly exaggerated.”
Persons: Terry Carter, Duke Ellington, Katherine Dunham, Miguel Carter DeCoste, Carter, Cecil Taylor, Vasco da Gama, Marion “ Suge, Mark Twain Locations: Midtown Manhattan, Italian, Brooklyn, Portuguese, China, Europe, Los Angeles
David H. Pryor, a liberal Democrat who won two terms as governor of Arkansas and three in the United States Senate, and who paved the way for the political rise of his young ally Bill Clinton in an era of changing racial attitudes in the South, died on Saturday at his home in Little Rock. His death was announced by his son Mark, himself a former two-term United States senator. Mr. Pryor was eight years older than Mr. Clinton, and they didn’t know each other well until they became accomplished politicians. They both grew up in segregated small towns in Arkansas, raised by families of modest means and liberal outlook, who resisted pressures to scorn their Black neighbors. Mr. Clinton’s maternal grandparents, who raised him, ran a small grocery store and during the harsh winters sold goods on credit to people of all races.
Persons: David H, Pryor, Bill Clinton, Mark, Clinton, Pryor’s, Clinton’s Organizations: Democrat, United States Senate, United Locations: Arkansas, Little Rock, United States, British Guiana
After 'The Jinx' ended, Durst was finally charged with Berman's murder and convicted in 2021Durst in prison. AdvertisementTwo days after his arrest, on March 16, 2015, Durst was officially charged with Berman's murder. Two months later, on September 17, 2021, Durst was finally convicted for Berman's murder and later sentenced to life in prison without the possibility of parole. Weeks later, Durst was also indicted in the 1982 murder of his wife. But that case never made it to trial because Durst died in January 2022.
Persons: , Robert Durst, who'd, Durst, Kathleen McCormack, Susan Berman, he'd, Berman, He'd, Morris Black, Black, Jon Stewart, Seymour Durst, Andrew Jarecki's, McCormack, wasn't, Berman's, didn't, Weeks, Chip Lewis Organizations: Service, HBO, Authorities, Business, New York Times, Los Angeles County, Prosecutors, The New York Times, San Joaquin General Hospital Locations: York, Beverley, Los, Stockton , California
Insider Today: Skip the supplements
  + stars: | 2024-04-20 | by ( Joi-Marie Mckenzie | ) www.businessinsider.com   time to read: +5 min
Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. The singer's rollout strategy for "The Tortured Poets Department" — releasing zero singles and barely promoting — is a true power move. Bernadette RankinThis week's dispatchGet into destination dupesAre you sick of high prices to travel to your favorite destination across the pond? AdvertisementAccording to Expedia, one of the biggest trends of 2024 is destination dupes — places where you can travel for way less. More of this week's top reads:The Insider Today team: Joi-Marie McKenzie, editor-in-chief, in New York.
Persons: , Taylor, Bernadette Rankin, Expedia, That's, Graham Denholm, Chelsea Jia Feng, Taylor Swift, Amy Sussman, WireImage, Alex Garland, Garland, Michael Pollan, Tabitha Soren, subjug, Tyler Le, Broccoli, Carl Juste, Rebecca Zisser, Birkin, Robert Durst, Riley Keough, Lily Gladstone fictionalizes, Joi, Marie McKenzie, Jordan Parker Erb, Dan DeFrancesco, Lisa Ryan Organizations: Service, Department, Business, Boeing, Danish, Mount, Rights Management, Chelsea, Poets Department, Defense, Food, Miami Herald, Tribune, Getty, Augusta National Golf, Hulu Locations: California, Copenhagen, Netherlands, Mount Vernon , Washington, Paris, New York City, New York
Movies like "Late Night With the Devil" are newly streaming. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementTwo of the best horror movies in recent memory are both available on streamers this weekend. "Late Night With the Devil," in theaters earlier this year, is available on Shudder. This story is available exclusively to Business Insider subscribers.
Persons: , Alex Garland's, Max, Robert Durst Organizations: Service, Business
But of course, Birkins, Kelly bags, and other Hermès pieces are nothing new. Jasmine Rasco and one of her Birkin bags. Richard Rodriguez/Stringer/Getty ImagesName: Tiffany MoonAdvertisementAge: 39Her first Birkin: Moon's first Birkin bag was a celebratory purchase. "I see these huge, palatial closets filled with lots of different Hermès bags. Why she loves them: The exclusivity factor plays a part in Millen's love for Hermès bags, but for her, it's about the quality.
Persons: Hermès, Birkin, Kelly, , Thierry Hermès, Robert Dumas —, Émile Hermès —, He's, They're, Jasmine Rasco, Rasco, Sellier, Azalee, Roscoe, it's, I'm, Tiffany Moon, Richard Rodriguez, Stringer, Tiffany, Moon's, Birkin —, Dallas, We're, I've, Lydia Millen, Joe Giddens, Millen, who's, slouchy Birkin, they're, Tania Antonenkova, Antonenkova, she's Organizations: Service, Hermès, Business, Epsom, Housewives Locations: Birkins, Paris, Hermès, Togo, Texas, San Fransisco, San Francisco, London, Faubourg, Versailles
She was the first of the prospective jurors who were challenged by Trump's defense team on Tuesday over their "anti-Trump" social media. AdvertisementThe prospective juror, identified only as "B-133," had clearly "attended an "anti-Trump rally," defense lawyer Susan Necheles protested. When it was released in 2016, the clip was shared on the Facebook account of the husband of prospective juror B-330. "I would have to say that politically, yes, I do," the prospective juror answered. "Boys request to return to cave"The final prospective juror questioned on their social media posts was a retired grandmother from Manhattan's Lower East Side.
Persons: , Trump, Mark Ruffalo, Donald Trump's, Juan Merchan deadpanned, Todd Blanche, who'd, Joe Biden's, Susan Necheles, Joshua Steinglass, stammered, Blanche, he'd, DJT, Donald Trump, Robert Downey Jr, Neil Patrick Harris, Donald Trump …, sheepishly, Barack Obama, Trump's, Steinglass, Biden, Harris, Blanche complainingly, Blanche huffed Organizations: Service, Trump, Business, Yorkers, Facebook, Economic Development Corporation, Biden, Thai, White, Republicans Locations: New York City, Midtown, Manhattan's, Thailand, Trump
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