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Harris also echoed calls by President Joe Biden for a six-week ceasefire — a proposal that would allow for the release of hostages held by Hamas and a surge of humanitarian aid into Gaza. Months after the brutality, the Voting Rights Act was signed into law. The vice president also said that “the fight for freedom is not over,” pointing to efforts to curb voting rights, reproductive rights and the ability to live free of gun violence. Harris’ visit to Selma marked the fifth time she has participated in the annual civil rights pilgrimage. She attended as a senator in 2018, as a presidential candidate in 2020, and as vice president in 2022.

Persons: Kamala Harris, Harris –, ” Harris, Benny Gantz, ”, Harris, Joe Biden, Let’s, Biden, “ Selma, Edmund Pettus Bridge, billy, Harris ’ Organizations: CNN, Hamas, Sunday, Republican Locations: Gaza, Israel, Selma , Alabama, Washington, United States, Selma, Montgomery, Alabama

☆ Home Prices May Be Sky-High, but America Is Not in a Housing Bubble
▼ + stars: | 2024-02-14 | by ( James Rodriguez | ) www.businessinsider.com time to read: +12 min

The housing market, they claimed, was a bubble destined to burst. I’ve spent the past few years asking experts a simple question: Has the housing market reached bubble territory? AdvertisementFor a time, it seemed like the housing market was doing a speedrun through Simonsen’s checklist. And even if the economy does take a turn, a run-of-the-mill recession probably wouldn’t be enough to topple the housing market. The housing market is far from balanced, but we’re at least heading in that direction.

Persons: doomsayers, I’ve, Redfin, you’ve, you’ll, Mike Simonsen, megalandlords, ”, Ian Shepherdson, Goldman Sachs, Jerome Powell, Powell, Rick Palacios Jr, John Burns, ” doomsayers, might’ve, It’s, it’s, Logan Mohtashami, don’t, US homebuilders, “ It’s, ” Mohtashami, Selma Hepp, Fannie Mae, Palacios, ” Palacios, Mohtashami Organizations: Altos Research, Wall, John, John Burns Research, Consulting, Mortgage Bankers Association, Federal Reserve Bank of New, Federal Housing Finance Agency Locations: Charlotte, North Carolina, Austin, Las Vegas, Miami, Boise , Idaho, Dallas, Federal Reserve Bank of New York, US

WASHINGTON (AP) — Black History Month, often a time to recognize the contributions of African Americans in U.S. history, was marked in the nation’s capital this week with a focus on present divides and the November election when Black turnout will be integral to the outcome. A few hours later, Republicans held a reception in Washington's U Street neighborhood, a key part of Black history in the city, to celebrate former GOP officials and activists who have engaged Black voters. The White House has taken Black History Month as an opportunity to highlight the administration's efforts on priorities such as education, voting rights and jobs. Republicans held their own Black History Month celebration later that evening with about 100 people. And party officials and strategists stress that its emphasis on Black voters extends beyond a single month of events.

Persons: Biden, Kamala Harris, Joe Biden's, Terri Sewell, Sewell, ”, Ronna McDaniel, they’re, ” McDaniel, Steve Horsford, Donald Trump, Nick Fuentes, “, Donald Trump’s, Michael Tyler, they’ll, Trump, Harris, Lloyd Austin, Ketanji Brown Jackson, Jim Clyburn, Quenton Jordan, Ken Blackwell, we've Organizations: WASHINGTON, Black, White, Republicans, GOP, Democratic, Associated Press, NORC, for Public Affairs Research, “, Republican, RNC, ”, Congressional Black Caucus, Donald Trump’s Republican Party, Biden, Defense, Supreme, Democratic National Committee, South Carolina Rep, Civil Rights, Ohio Republican Locations: Selma, Alabama, Black, ” Nevada, Mar, South Carolina, Ohio

☆ Opinion: The making of a Black conservative
▼ + stars: | 2024-02-05 | by ( Opinion Coleman Hughes | ) edition.cnn.com time to read: +12 min

I had Black friends, White friends, Asian friends, Hispanic friends and mixed-race friends. But I didn’t think of them as “Black,” “White,” “Hispanic” and “mixed race.” I thought of them as Rodney, Stephen, Javier and Jordan. Where my White friends had the wind of White supremacy at their backs, I faced a headwind. I huddled with the Black kids in one corner of the room, and watched as the White kids, Hispanic kids and Asian kids awkwardly shuffled to their respective corners. Why were Black students in one of the most progressive, non-racist environments on Earth claiming to experience racism all the time?

Persons: Coleman Hughes, podcaster, CNN — I’ve, White, Rodney, Stephen, Javier, Jordan, Coleman Hughes Evan Mann, Martin Luther King Jr, ’, pimply White, Emmett Till, I’d Organizations: The New York Times, Street Journal, National, City Journal, CNN, Free Press, Forbes, Penguin Publishing, Newark Academy, Color Conference, Selma, Columbia University, Columbia, White, Ivy League Locations: Montclair , New Jersey, Montclair, Houston

Home prices declined slightly in November while posting yearly gains, suggesting the housing sector has cooled somewhat heading into 2024. The house price decline came at a time where mortgage rates peaked, with the average Freddie Mac 30-year fixed rate mortgage nearing 8%, according to Federal Reserve data. But as more inventory comes on the market and mortgage rates remain elevated, sale prices may be beginning to wilt. That has led some analysts to say that the market could bounce back as the traditional spring buying season begins. The index tracks a three-month period when mortgage rates were zig-zagging and ended on a down note, said Danielle Hale, chief economist at Realtor.com.

Persons: ”, Brian Luke, San Francisco, Cleveland –, Luke, “, Freddie Mac, Selma Hepp, Danielle Hale Organizations: Dow Jones, Seattle, Cleveland, Midwest, Federal Reserve Locations: “, San, Miami, Tampa, Atlanta, Charlotte , New York

But Greta Gerwig not being among the five best director nominees for this year’s Oscars is one of the biggest shocks in recent memory. Here are some other major “snubs” and “surprises” from Oscar nomination morning. Gerwig was previously nominated for best director for “Lady Bird,” and missing out for “Little Woman” was even a snub. “The Super Mario Bros.” movie, the second highest grossing film of the year was completely shut out from nominations including animation. ‘SALTBURN’ GOES DOWN THE DRAINListen, we didn’t really think that Emerald Fennell’s “Saltburn” would make a big splash nominations morning, but it had been trending that way based on its popularity on Prime Video over the holidays.

Persons: Barbie, Greta Gerwig, ”, Oscar, GRETA GERWIG, Gerwig, “ Barbie, Lady Bird, Justine Triet, James Cameron, Joseph Kosinski, Ava DuVernay, Aunjanue Ellis, Isabel Wilkerson, It’s, —, Gina Prince, Bythewood’s, DuVernay’s, Selma ”, Halle Berry, Barrino, CHARLES MELTON, Charles Melton’s, Sterling K, Brown, ” “, Samy Burch, MARGOT ROBBIE OUT, Margot Robbie, America Ferrera, Robbie, DIANE WARREN, BARBIE, Diane Warren, Warren, Barbie ”, “, Ken ”, ” Oscar, Aki Kaurismäki’s, ’, Celine, Greta Lee's, Mario, Princess Peach, Anderson, Pedro Almodóvar, Pedro Pascal, Ethan Hawke, Wes Anderson, Roald Dahl, Henry Sugar, ‘, Sophie Ellis Organizations: “, ACADEMY, Sterling, AMERICA, MARIO Locations: LIPA, France, Cannes, U.S

☆ Women are making great films, but they're still getting ignored by the Academy
▼ + stars: | 2024-01-23 | by ( Palmer Haasch | ) www.businessinsider.com time to read: +3 min

But on a more disappointing (though not unexpected) note, only one of those women earned a nomination for best director. "Barbie," "Anatomy of a Fall," and "Past Lives" will all compete for best picture at the Oscars in March. The snubs for Greta Gerwig, who helmed the billion-dollar box-office hit "Barbie," and "Past Lives" director Celine Song are notable. Gerwig's first three solo films as a director — "Lady Bird", "Little Women," and "Barbie" — were all good enough to make the best picture cut. But to this day, only one has ever gotten her in the best director running.

Persons: —, Barbie, Justine Triet, Jonathan Glazer, Yorgos, Christopher Nolan, Oppenheimer, Martin Scorsese, Greta Gerwig, Celine Song, Nolan, Oscar, Lina Wertmüller, Sofia Coppola, Emerald Fennell, Kathryn Bigelow, Chloé Zhao, Jane Campion, Campion, Zhao, Selma, Sarah Polley, Ava DuVernay, Barbra Streisand, Greta Lee, Gerwig, Margot Robbie, Gerwig's Organizations: Golden Globes

☆ Ava DuVernay on her ‘rebellious and radical’ new film ‘Origin’ and the ‘caste system of Hollywood’
▼ + stars: | 2024-01-18 | by ( Thomas Page | ) edition.cnn.com time to read: +8 min

With “Origin,” her latest film, she was forced to dig in a little deeper. She built that film herself – it’s an absolutely Herculean effort.”Jon Bernthal and Aunjanue Ellis-Taylor star as a married couple in Ava DuVernay's film "Origin." Atsushi Nishijima/NEON“Origin” began life at Netflix before DuVernay split and pivoted to independent financing (the film is distributed in the US by Neon). “Because we were making a film about this idea of caste, this system of hierarchy, (DuVernay) wanted to do away with that on set,” she said. The streamer had reportedly eyed a 2025 release, but the director wanted the film out well ahead of the 2024 US election.

Persons: CNN —, ‘, ‘ That’s, ” Ava DuVernay, Isabel Wilkerson, namechecked, Barack Obama, “ Selma, ”, DuVernay, Wilkerson, Niecy Nash, Betts, Marion, “, Jon Bernthal, Brett, Wilkerson’s, – it’s, ” Jon Bernthal, Aunjanue Ellis, Taylor, Ava DuVernay's, Atsushi Nishijima, ” DuVernay, Oscar, “ King Richard, that’s what’s, George Zimmerman, Trayvon Martin, Husband Brett, Ellis, ” Brett, Bernthal “, Nash, let’s, ” Bernthal, I’ve, it’s, undersells Organizations: CNN, Pulitzer, Netflix, DuVernay, Reich Locations: United States, India, Nazi Germany, Texas, Delhi, Germany

NEW YORK (AP) — Ava DuVernay kept hearing she had to read “Caste: The Origins of Our Discontents.” She had Isabel Wilkerson’s book in galleys before it was published in 2020. “At one point, a high-profile director said to me, ‘I heard you got the book,’” DuVernay says. “That’s what I thought.”Political Cartoons View All 253 Images“Origin,” DuVernay’s new film, isn’t a direct adaptation of Wilkerson’s book. It feels like a miracle.”DuVernay calls “Origin” the film she’s proudest of, partly because of how she made it outside the studio system. To not feel like ‘Oh, I didn’t go to film school and I’m just skating by,'" DuVernay says.

Persons: — Ava DuVernay, Isabel Wilkerson’s, Oprah Winfrey, ‘, ” DuVernay, ’, ”, George Floyd, Wilkerson, ” “ Selma ”, “, DuVernay, Aunjaneu Ellis, Taylor, “ She’s Indiana Jones, She’s, Ellis, Taylor hadn’t, Paul Garnes, Garnes, —, Robert Wood Johnson, Melinda Gates, Chris Paul, Trayvon Martin, Jim Crow, Jon Bernthal, Emily Yancy, ” Ellis, Oscar, “ King Arthur, she’s, Selma ’, I’ve, I’m, Martin, doesn’t, it’s, Jake Coyle Organizations: “, Venice Film, Ford Foundation, MacArthur Foundation, NBA, Suns, LBJ, Venice, Walt Disney Co Locations: “, United States, Venice, Nazi Germany, Mississippi, India, American

☆ Christina Applegate says people don't have to 'applaud every time I do something' as she returns to the Emmys post-MS diagnosis
▼ + stars: | 2024-01-16 | by ( Palmer Haasch | ) www.businessinsider.com time to read: +3 min

Christina Applegate was met with a standing ovation when she took to the Emmys stage as a presenter. Applegate was diagnosed with multiple sclerosis in 2021. But she says people don't need to clap every time she does something after her multiple sclerosis (MS) diagnosis. "In essence, because of her I'm going to have a better quality of life," Applegate told British Vogue. In February 2023, the actor told the Los Angeles Times that year's SAG Awards would likely be the last awards show she'd attend as an actor.

Persons: Christina Applegate, Applegate, —, Edebiri, Anthony Anderson, Kelly Bundy, Abbott, Quinta Brunson, Selma Blair, Applegate hasn't Organizations: Service, New York Times, British Vogue, Los Angeles Times Locations: British

☆ 20 metro areas expected to see the fastest-appreciating real estate in 2024 and 5 most at risk of declining. Plus, what will happen to mortgage rates, according to a property data firm.
▼ + stars: | 2024-01-15 | by ( Laila Maidan | ) www.businessinsider.com time to read: +4 min

Tight inventory, combined with pent-up demand, kept prices in an uptrend last year despite 23-year-high mortgage rates, according to Selma Hepp, CoreLogic's chief economist. AdvertisementCooling mortgage rates and newly built homes will help bring more houses on the market but won't create enough inventory to outpace demand, wrote Hepp. She isn't expecting much change to mortgage rates but said that they will likely be slightly higher from January to February, in line with historical trends that precede the busy spring sales season. If inflation remains tamed and trending downward, and the Federal Reserve begins cutting rates as a response, declining mortgage rates would follow, she added in an email to Business Insider. Metro area Forecasted YOY % change Redding CA Metropolitan Statistical Area 7.30% Santa Maria-Santa Barbara CA Metropolitan Statistical Area 6.81% Bremerton-Silverdale WA Metropolitan Statistical Area 6.51% Coeur d'Alene ID Metropolitan Statistical Area 6.49% Fairbanks AK Metropolitan Statistical Area 6.38% Santa Rosa CA Metropolitan Statistical Area 6.37% Corvallis OR Metropolitan Statistical Area 6.36% Merced CA Metropolitan Statistical Area 6.32% Bend-Redmond OR Metropolitan Statistical Area 6.29% Mount Vernon-Anacortes WA Metropolitan Statistical Area 6.20% Grand Junction CO Metropolitan Statistical Area 6.09% Longview WA Metropolitan Statistical Area 6.07% Pocatello ID Metropolitan Statistical Area 6.00% Casper WY Metropolitan Statistical Area 5.99% Walla Walla WA Metropolitan Statistical Area 5.88% Lewiston ID-WA Metropolitan Statistical Area 5.87% Santa Cruz-Watsonville CA Metropolitan Statistical Area 5.81% Prescott AZ Metropolitan Statistical Area 5.70% Lakeland-Winter Haven FL Metropolitan Statistical Area 5.67% Kahului-Wailuku-Lahaina HI Metropolitan Statistical Area 5.63%The list below is CoreLogic's forecast for the five metro areas that are at the highest risk of price declines.

Persons: —, Selma Hepp, it's, Hepp, isn't Organizations: Service, Business, Federal Reserve, Redding, Santa Barbara, Metropolitan, Silverdale WA Metropolitan, Coeur, Fairbanks AK Metropolitan Statistical, Santa, Corvallis, Longview, Longview WA Metropolitan, Casper, Casper WY Metropolitan, Walla Walla WA Metropolitan, Lewiston, Prescott, Prescott AZ Metropolitan, Lakeland Locations: Metro, Maria, Santa, Bremerton, Silverdale WA, Coeur d'Alene, Santa Rosa, Merced CA, Redmond, Vernon, Anacortes WA, Longview WA, Pocatello, Casper WY, Walla Walla WA, Santa Cruz, Watsonville CA, Prescott AZ, Haven, Lahaina HI

☆ US home prices jump another 5% on tumbling mortgage rates and tight supply
▼ + stars: | 2024-01-10 | by ( George Glover | ) www.businessinsider.com time to read: +2 min

US home prices climbed 5.2% year-over-year in November, according to CoreLogic. Falling mortgage rates and a dwindling supply have helped prop up the market. AdvertisementUS home prices have continued to climb, according to CoreLogic data, with tumbling mortgage rates helping prop up the nation's supply-starved housing market. The US housing market stagnated last year – but there have been signs of a thaw in recent months, with mortgage rates falling away from 23-year highs. Home prices rose the most in the US's northeastern region in November – with the Rhode Island, Connecticut, and New Jersey housing markets each experiencing double-digit year-over-year growth.

Persons: Selma Hepp, —, Freddie Mac Organizations: Service, Biden Administration, National Association of Realtors Locations: –, Rhode Island , Connecticut, New Jersey, Idaho , Utah, Washington

☆ Home prices are surging — and Detroit gained the most in November, beating Miami for the first time
▼ + stars: | 2024-01-09 | by ( Diana Olick | In Dianaolick | ) www.cnbc.com time to read: +1 min

Home prices are rising faster and faster each month, fueled by a decline in mortgage rates. Areas seeing year-over-year price declines in November were Idaho (-1.3%); Utah (-0.4%); and Washington, D.C. (-0.2%). The lower the mortgage rate, the greater the buying power for consumers. While prices are expected to soften slightly later next year, much of that will depend on supply. At current low supply levels and demand increasing due to lower mortgage rates, for now at least, prices have nowhere to go but up.

Persons: Selma Hepp, CoreLogic Organizations: Northeast, Rhode, D.C Locations: Connecticut, New Jersey, Idaho, Utah, Washington

COP28 president Sultan Ahmed Al Jaber speaks during the Transforming Food Systems in the Face of Climate Change event on the sidelines of the COP28 climate summit at Dubai Expo on December 1, 2023. "We delivered world first after world first," the UAE summit presidency said in a further social media update. And we have language on fossil fuels in our final agreement." Many believed the COP28 summit could only be considered a success if it resulted in a deal to phase out all fossil fuels. COP28 President Sultan al-Jaber sparked a backlash earlier this month after he claimed there is "no science" behind calls for a phase-out of fossil fuels.

Persons: Sultan Ahmed Al Jaber, Ludovic Marin, Licypriya Kangujam, Sean Gallup, Wopke Hoekstra, Alok Sharma, Sharma, CNBC's, Simon Stiell, We're, John Kerry, Selma de Montgomery, Avinash Persaud, Mikhail Gitarskiy, Sultan al, Jaber, he'd, Al Organizations: Food Systems, Dubai Expo, Afp, Getty Images, UAE Consensus, UAE, United Arab Emirates, Getty, Russian, BBC, Abu, Abu Dhabi National Oil Co Locations: Dubai, UAE, United Arab, United Arab Emirates, Pacific, Caribbean, Latin America, Africa, Asia, North America, Paris, United States, China, Denmark, Barbados, Moscow, Abu Dhabi

☆ 50 cities showing where rents are surging or dropping compared to home values — and how to determine whether it's worth buying or renting, according to experts
▼ + stars: | 2023-11-30 | by ( Laila Maidan | ) www.businessinsider.com time to read: +7 min

But home prices are still on the rise, according to a November 28 note from Selma Hepp, the chief economist at CoreLogic. The outcome is that many remain renters, which drives up demand for rental property and the cost of rent. If the cost of rent is 20% below the price of owning a home monthly, then it may be comparable. Rent prices are based on listings from Rent.com. For example, take the cost of rent over five years; let's say it's $3,000 x 12 months = $36,000 annually.

Persons: Selma Hepp, they'll, Suzanne Miller, Miller, Price, Shmuel Shayowitz, Shayowitz Organizations: Business, Home, Empire State, Seattle -, Dallas, Fort, Redfin, Kansas, Jacksonville, Birmingham, NA Milwaukee, Phoenix, Boston, Orlando, Virginia, KY, UT, Oklahoma Locations: Redfin . Metro, Seattle, Dallas, Seattle - Tacoma, Bellevue, Everett, Tacoma, Fort Worth, Metro, Columbus, Providence, RI, Kansas City, Angeles, Buffalo, NY, Indianapolis, York, Hartford, Jose, Antonio, Minneapolis, Detroit, MI, Virginia Beach, Louis, Washington, San Diego, Atlanta, Richmond, Cincinnati, San Francisco, Philadelphia, Tampa, WA, Denver, Riverside, CA, Cleveland, Baltimore, Pittsburgh, Charlotte, NC, Orleans, LA, Nashville, TN, Memphis, Raleigh, Louisville, Jefferson County, Houston, Salt Lake City, Miami, Chicago, Sacramento, Vegas, Portland, Austin, New York City

NEW YORK (AP) — Colman Domingo has a commanding physical presence, an expressive face and soulful eyes. His performance in George C. Wolfe's “Rustin" — Domingo's first time atop the call sheet — has made the 53-year-old journeyman actor a favorite for a best actor Oscar nomination. Though celebrated — Colman shared in an Obie award for ensemble — once the play closed, Domingo found himself bartending again. “I would be talking with Mark Rickler the production designer, ‘Oh, Colman could do that.’ Part of my brain would go, ‘Oh, Colman could do that,’' recalls Wolfe. “And she clutches her heart and says, ‘Oh, Colman.’ And then we started hiking again.”___Follow AP Film Writer Jake Coyle at: http://twitter.com/jakecoyleAP

Persons: — Colman Domingo, Bravo’s “ Zola, Bayard Rustin, “ Rustin, ”, Steven Spielberg’s “, Domingo, isn’t, ” Domingo, “, There’s, George C, Wolfe's “ Rustin, —, Oscar, It’s, I’ve, “ Rustin ”, Michelle Obama, Domingo’s, he’s, wasn’t, I’m, Blitz Bazawule, “ Colman, Bogart, Daniel, Colman, Rustin, Martin Luther King Jr, Rachelle Horowitz, ‘, ’ ” Domingo, — Colman, bartending, Donna Summer, Oprah Winfrey, Oprah, Tony, Victor Strand, Barry Jenkins, Beale, “ Zola ”, ‘ Zola, ’, Janicza Bravo, ’ Wolfe, “ Ma, Viola Davis, Chadwick Boseman, Cutler, Mark Rickler, ‘ Oh, Oh, Wolfe, Winfrey, Ava DuVernay’s, “ Selma ”, Jake Coyle Organizations: Productions, Temple University, Netflix, Public Theater, Broadway, Scottsboro Boys, Bravo, Hollywood Locations: “, Steven Spielberg’s “ Lincoln, Philadelphia, wasn’t, Washington, Manhattan, Central, Los Angeles, San Francisco, Domingo, Hawaii

Omar Victor Diop History, inheritance and possibility are re-imagined through the lens of the Senegalese photographer, one of the most successful young artists on the continent. Through his bold images, Diop examines the interplay between African and diasporic experiences by knitting together the past and present. Douglass sat for over 160 portraits, including a daguerreotype circa 1855 (bottom), to challenge negative representations of African Americans. Cultural Archive/Alamy In a 2015 self-portrait (top), from Diop’s series “Project Diaspora,” the artist emulates Frederick Douglass, who was the most photographed man of his era. Douglass sat for over 160 portraits, including a daguerreotype circa 1855 (bottom), to challenge negative representations of African Americans.

Persons: Omar Victor Diop, Frederick Douglass, Diop, Selma, ”, ” Omar Victor Diop, Douglass, “, ” Diop, Mama Casset, Malick Sidibé, Samuel Fosso, Martin Luther King Jr Organizations: paisley, West Locations: Senegalese, American, United States, Soweto, South Africa, Africa, “, African American, Dakar, Paris, Nigeria, Senegal, France, Nairobi, Lagos, Mali, America, African

☆ 20 US cities where home prices are expected to take off due to affordability and tax advantages — plus where mortgage rates could be by the end of 2024, according to a property-data firm
▼ + stars: | 2023-11-09 | by ( Laila Maidan | ) www.businessinsider.com time to read: +3 min

Contagion from spiking yields quickly trickled into real estate, lifting the average 30-year fixed mortgage rate above 8%. "Even before mortgage rates went up to 8%, we saw significant slowing in home sales activity, and some recent reports pointed to a 12-to-13-year low." But where mortgage rates will be depends on the fed funds rate. Following this trend, CoreLogic indicators forecast that mortgage rates could be at about 6.3% by year-end. Forecasts are based on multiple metrics including home prices, the unemployment rate, real disposable income per capita, and population growth.

Persons: Selma Hepp, Hepp Organizations: Reserve Locations: California

☆ Hundreds leave to join Mexico migrant caravan headed for US
▼ + stars: | 2023-11-05 | by ( Jose Torres | ) www.reuters.com time to read: +1 min

MEXICO, Nov 5 (Reuters) - A caravan of at least hundreds of migrants left from the southern Mexican city of Tapachula on Sunday, heading for the U.S. southern border. The smaller caravan plans to join a larger one that left six days ago and is currently stopped about 25 miles (40 km) north in the town of Huixtla. [1/3]Migrants walk along the road in a caravan in an attempt to reach the U.S border, in Tapachula, Mexico November 5, 2023. A record number of people this year have crossed the Darien Gap region connecting Panama and Colombia. Reporting by Jose Torres; Writing by Sarah Kinosian; Editing by Josie KaoOur Standards: The Thomson Reuters Trust Principles.

Persons: Jose Torres, Selma Alvarez, Alvarez, Joe Biden, Sarah Kinosian, Josie Kao Organizations: REUTERS, Jose Torres Acquire, CBP, Thomson Locations: MEXICO, Mexican, Tapachula, U.S, Huixtla, Chiapas, Cuba, El Salvador, Guatemala, Haiti, Honduras, Venezuela, Mexico, Darien, Panama, Colombia

Home prices rose 0.4% in August and at an annual rate of 2.6%, as low inventories buoyed prices even while mortgages hit the 7% level. The CoreLogic Case-Shiller index for the month found 12 of the 20 cities in the index saw higher prices in August from the year-ago period. home prices continued to rise in August 2023,” said Craig J. Lazzara, managing director at S&P DJI. “The year’s increase in mortgage rates has surely suppressed housing demand, but after years of very low rates, it seems to have suppressed supply even more. Political Cartoons on the Economy View All 604 Images“The affordability challenge is being exacerbated by persistently higher mortgage rates,” said Lisa Sturtevant, chief economist for Bright MLS.

Persons: ”, Craig J, Lazzara, ” Selma Hepp, Lisa Sturtevant, Hannah Jones, That’s, Rhys Williams, It’s, Venkat Balakrishnan, –, Dana Peterson, “, ” Peterson Organizations: Bright MLS, Federal Reserve, ”, Census Bureau, “, Realtor.com, Management, Fed, Conference Board, Hamas, Financial Group Locations: Chicago, New York, Detroit, Las Vegas, “, Israel

Matthew Perry was mourned on social media by friends, co-stars and some very famous fans, including his childhood classmate, Canadian Prime Minister Justin Trudeau, his “Friends” mom Morgan Fairchild and even Adele. Trudeau, who attended elementary school with Perry while their parents worked together, wrote a tribute on X, formerly Twitter. “I’ll never forget the schoolyard games we used to play, and I know people around the world are never going to forget the joy he brought them,” Trudeau wrote. Perry once hosted the show, in 1997, which featured one sketch where he played Matt LeBlanc’s character Joey and Colin Quinn played Chandler. “All of us loved Matthew Perry, and I did especially.

Persons: Matthew Perry, Justin Trudeau, Morgan Fairchild, Adele, Perry, Chandler Bing, Trudeau, “ I’ll, ” Trudeau, Matthew, ”, Trudeau's, Pierre Trudeau, she’d, Matt LeBlanc’s, Joey, Colin Quinn, Chandler, Fairchild, ’, Perry’s, John Bennett Perry, Maggie Wheeler, Janice, ” Selma Blair, ” Blair, Matty, Sweet, Wendell Pierce, “ Matthew Perry, ” Shannen Doherty, Matt, ” Doherty Organizations: Canadian, Hollywood Locations: Los Angeles, Las Vegas, Beverly, Malibu, Formosa

Matthew Perry, the beloved actor who starred as Chandler Bing on “Friends,” has died. “We are devastated by the passing of our dear friend Matthew Perry. Matthew Perry at the 2022 GQ Men Of The Year Party on November 17, 2022 in West Hollywood, California. (l-r) Matt LeBlanc, Lisa Kudrow, David Schwimmer, Matthew Perry (second row) Courteney Cox and Jennifer Aniston. Reisig & Taylor/NBCU Photo Bank/Getty ImagesOn “Friends,” Perry starred alongside Courteney Cox, Matt LeBlanc, David Schwimmer, Jennifer Aniston and Lisa Kudrow in the comedy about a tight knit group of friends living in New York City.

Persons: Matthew Perry, Chandler Bing, ”, Perry, Matthew, Warner, Brian Humphrey, Humphrey, Gregg DeGuire, Perry’s, Robert ”, “ Charles, Tracey Ullman, Jimmy Reardon, ’, Chandler, Joe Quincy, Matt LeBlanc, Lisa Kudrow, David Schwimmer, Courteney Cox, Jennifer Aniston, Reisig, ” Perry, Doctors, “, haven’t, ’ ”, ” Matthew Perry, Mark J, Terrill, Molly Hurwitz, Molly, Matthew Perry’s, ” Maggie Wheeler, Chandler’s, Janice, Mathew Perry, ” Selma Blair, Matty, ” Michael Rapaport, Gary, Yvette Nicole Brown, Perry “ Organizations: Police, CNN, Los Angeles Times, Warner Bros . Television Group, ” Los Angeles Fire Department, Party, Getty, Warner Bros . Television, Warner Bros ., NBCU, Bank, Perry’s, “, CBC Locations: Los Angeles, West Hollywood , California, Williamstown , Massachusetts, Ottawa, Canada, Beverly Hills, New York City, Pasadena , California, American

☆ 3 reasons it could be the right time to buy a home, despite high interest rates
▼ + stars: | 2023-10-22 | by ( Jacob Zinkula | ) www.businessinsider.com time to read: +7 min

Despite high prices and mortgage rates, they said homeownership will pay off for many people in the long-run. Many Americans have been left wondering when — if ever — the time will be right for them to enter the housing market. "Many homeowners first bought their home when interest rates were high — the 50-year average rate on a mortgage is 7.8%," he said. Even if cuts to interest rates cause mortgage rates to fall, they're unlikely to return to the near-zero levels they were in 2022. If and when mortgage rates fall, Yun said that some homeowners who have been eager to move — but have been reluctant to give up their low interest rates — will likely decide to sell.

Persons: homeownership, —, Andy Walden, homebuyers, Jerome Powell, Alex Wong, Daryl Fairweather, Redfin's, Lawrence Yun, Yun, Selma Hepp, Connolly, Mott aren’t, David Meyer, Redfin's Fairweather, Fairweather, There's, there's, Jenna Stauffer, Hepp, Meyer Organizations: Service, National Association of Realtors, ICE Mortgage Technology, CNBC, Federal Reserve, Reserve, CoreLogic, Brigade, Homeowners, International Realty Locations: Washington , DC

☆ Black UAW workers won progress in America's auto industry. They are on strike for its future
▼ + stars: | 2023-10-07 | by ( Nathaniel Meyersohn | ) edition.cnn.com time to read: +12 min

The percentage of Black workers in the auto industry today is more than double their share of the workforce overall. But the decline in US auto jobs and the erosion of unions have hit Black workers hardest. Black workers are likelier to belong to unions, in any industry, compared to White and Hispanic workers. Black union workers earn on average 16.4% higher wages than non-union Black workers, and they are likelier to have health care and retirement benefits, studies show. Hard-won gains disappearSoon after Black auto workers broke into better paying jobs, the US auto industry began its long decline, decimating Black communities in particular.

Persons: Lynda Jackson’s, Jackson, ” Jackson, ” Lynda Jackson, Lynda S, Emily Elconin, ”, Tiffanie Simmons, Simmons, Steven Pitts, Luke Sharrett, Tesla, “, ” Pitts, Jim Crow, Henry Ford, Nelson Lichtenstein, “ Walter Reuther, Ford, Irving Haberman, Kevin Boyle, Boyle, Philip Randolph, Randolph, Franklin Roosevelt, Walter Reuther, —, James Meredith, Martin Luther King, Jr, Roy Wilkins, Phillip Randolph, Walther Reuther, Martin Luther King Jr, Reuther, ” Boyle, Spencer Platt, Josh Bivens, Biden, Erica Smiley, ” Smiley Organizations: New, New York CNN, Chrysler, Ford, General Motors, United Auto Workers, UAW, Detroit’s, Processing, Bloomberg, Getty, Ford Motor, Economic Policy Institute, UC Berkeley Labor Center ., Tesla, Ku Klux Klan, University of California, America, Northwestern University, Jobs, Walther Reuther . Express, Hulton, Southern Christian Leadership Conference, The League, Revolutionary Black Workers, Black, Economic, Institute, P Global Market Intelligence, Justice Locations: New York, Alabama, Detroit, America, Ypsilanti , Michigan, Wayne , Michigan, Detroit , Michigan, White, Fremont , California, . Mississippi, sharecropping, Chicago , New York, Pittsburgh, Cleveland, AFP, Santa Barbara, Ford's, Rouge, Dearborn , Michigan, Washington, Birmingham, Selma, Black, Flint, Midwest, autoworkers

“I feel so powerful all of a sudden,” laughed Blair. Then, indicating a handheld microphone in addition to the one she was using affixed to the podium, she said, “I don’t need this. “Our laws and policies must reflect that our disabled lives are not of lesser value." October is National Disability Employment Awareness Month, and Biden noted both bills received bipartisan support when clearing Congress. Ensuring that the American dream is for all of us, not just for some of us.”

Persons: Selma Blair, Joe Biden, ” Blair, Biden, Blair, ”, “, ” Biden, she's, I’d, Judy Heumann, Huemann, it’s Organizations: WASHINGTON, Monday, Rehabilitation, Scout, Employment Locations: English Labrador

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