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An initial DNA test on remains believed to be those of Joseph Couch, the suspect in the Interstate 75 shootings, was inconclusive, but an autopsy confirmed the cause of death was a self-inflicted gunshot wound, state officials said. The soft tissue DNA test was “inconclusive due to extreme decomposition of the body,” and a further DNA test with material extracted from bone will be completed, the Kentucky Justice and Public Safety Cabinet said in a news release. The remains were found in deep brush by a highway exit in Laurel County, which is where London is and where the shootings occurred, state officials said. A couple livestreaming the search for Couch's body helped in the effort and the discovery, state police said. The DNA test from bone is expected to begin Friday and take 24 to 48 hours, the Justice and Public Safety Cabinet said.
Persons: Joseph Couch, “ I’m, William Ralston, Phillip Burnett Jr, Fred, Sheila McCoy, they'll Organizations: Kentucky Justice, Public, Army, Authorities, State Police, Justice, Cabinet Locations: London, Laurel County
LINCOLNVILLE, Maine — As Republicans in Nebraska consider changing state law to give Donald Trump an extra Electoral College vote this fall, their Democratic counterparts in Maine have little recourse to even the score. In 2020, Trump won one electoral vote from Maine’s rural 2nd Congressional District and is heavily favored to do so again, while Joe Biden won one from Nebraska’s Omaha-based 2nd Congressional District. And Maine GOP leaders have already signaled they have no interest in helping Democrats do away with their unusual formula for awarding electoral votes. “Maine has the gold standard of presidential election processes in the United States,” state House Minority Leader Billy Bob Faulkingham told the Bangor Daily News on Thursday. But unlike the previous times, there no longer appears to be a good way for Maine — and therefore national Democrats — to counter a change in Nebraska.
Persons: Donald Trump, Trump, Joe Biden, Sen, Lindsey Graham, Billy Bob Faulkingham, , , Kamala Harris, Harris, Biden, Harris ’, JD Vance, Democrats —, Dan Ankeles, ” Alex Seitz, Wald, Ben Kamisar Organizations: Republicans, Electoral, Democratic, Republican, Nebraska Republicans, Maine Democrats, Trump, Congressional, Maine Legislature, Maine GOP, Bangor Daily, Electoral College, Representatives, Maine, Democrats, National Locations: LINCOLNVILLE, Maine, Nebraska, Nebraska’s Omaha, “ Maine, United States, Bangor, Pennsylvania, Michigan, Wisconsin, R, Ohio, Lincolnville, Washington ,
Norma Field walks under power lines coming off of the nuclear plant on Three Mile Island (TMI), with the operational plant run by Exelon Generation, in Middletown, Pennsylvania. Constellation Energy plans to restart the Three Mile Island nuclear plant and will sell the power to Microsoft, demonstrating the immense power needs of the tech sector as they build out data centers to support artificial intelligence. Constellation described the agreement with Microsoft as the largest power purchase agreement that the nuclear plant operator has ever signed. Three Mile Island would be the second nuclear plant to restart operations in U.S. history. The Palisades nuclear plant in Michigan would be the first, with that plant expected to return to service at the end of 2025.
Persons: Norma Field, Constellation, Joe Dominguez, Goldman Sachs Organizations: Exelon, Constellation Energy, Microsoft, Constellation, Nuclear Regulatory Commission, Clean Energy Center, Rystad Energy, Turkey . Tech, Amazon Web Services, Talen Energy, Susquehanna, Oracle Locations: Middletown , Pennsylvania, Turkey, Pennsylvania, Michigan
Packaged foods, soda, chips, hot dogs, chicken nuggets and ice cream all fall under the category of ultraprocessed foods, which can include dozens of synthetic additives such as preservatives, emulsifiers and artificial dyes. For every 10% increase in the amount of a person’s diet made up of ultraprocessed foods, the team found that there was a 17% increased risk for developing type 2 diabetes, the data showed. The scientists also found that reducing the amount of ultraprocessed food you are consuming can lower the risk, according to the study. “Ultra-processed foods are everywhere,” Dicken said via email. “We also know that increased body fat (from excess calories) increases the risk of type 2 diabetes.
Persons: Nerys Astbury, Astbury, Samuel Dicken, ” Dicken, , , Sarah Gallo, Dicken, It’s, Hilda Mulrooney, Mulrooney, ” Mulrooney Organizations: CNN, Nuffield Department, Primary Health Care Sciences, University of Oxford, University College London, Consumer Brands Association, London Metropolitan University Locations: Europe, US
Read previewDid Katy Perry manifest her relationship with Orlando Bloom? "I was like, I'm going to go swim in a different pond, I want to try something else, I'm going to say yes to something I wouldn't normally say yes to," the "Woman's World" singer said. But before seeing "what's out there in the world" and attending the 2016 Golden Globes, she decided to set her intentions. Related storiesSetting intentions for successPerry is not the only celebrity who has set intentions for success. A representative for Perry did not immediately respond to a request for comment from Business Insider sent outside regular business hours.
Persons: , Katy Perry, Orlando Bloom, Apple Music's Zane Lowe, Perry, Daisy Dove Bloom, Bloom, Lowe, Oprah Winfrey, Chelsea Stokes, Stokes, it'll Organizations: Service, Business, Business Insider Locations: Salt Lake City
Stifel warns of a sharp stock market correction by year-end, with the S&P 500 potentially dropping 12%. "Our instruments tell us to expect an S&P 500 correction to the very low 5,000s by 4Q24," Bannister said. AdvertisementInvestors should prepare for a sharp and quick correction in the stock market before the end of the year, according to Stifel. In a note on Thursday, chief equity strategist Barry Bannister of Stifel warned that the S&P 500 could trade 12% lower in the fourth quarter. "Our instruments tell us to expect an S&P 500 correction to the very low 5,000s by 4Q24," Bannister said.
Persons: Stifel, Barry Bannister, Bannister, Organizations: Service
He was still at large in July 2021, when he took part in a fight in Salt Lake City that left another man dead. He’d been living in a park in downtown Salt Lake City, and he’d decided to cook for his hungry new friends. The Salt Lake City Police Department also declined, even though its investigation into Senn’s death was complete. In recent years he appeared to split his time between Chicago and Salt Lake City. Mark Peterson/ReduxReturning to Salt Lake City by unknown methods, Banuelos resumed his frequent appearances in local police reports.
Persons: John Banuelos, ” “, ” — Derrick Evans, Banuelos, Christopher Senn, Victoria Thomas, “ Chris, , John, he’s, he’d, Chris Senn, John Banuelos Long, Chris, Chris ’, Gabe Hamilton, Thomas, Taylorsville, ” Christopher Senn, Victoria Thomas Chris, they’re, Randall, Talisha, Toro, , ” Victoria, , vaping, ” Banuelos, Michael Lawlor, George Floyd, Trump’s, I’m, Donald Trump, Mark Peterson, ‘ He’ll, , Senn, ‘ I’m, FBI hasn’t, John Banuelos “, Steven Parisot, Det, Weldon Wilson, ” Parisot, ” Wilson, Banuelos wasn’t, Sim Gill, … He’s, Gill, Rick Bowmer, ” Gill, that’s, “ Banuelos, Gary Wickersham, Rebecca Lavrenz, Grandma, Lavrenz, , Derrick Evans, who’d, Evans, Will Price, ” Evans, “ …, hadn’t, Tanya Chutkan, Chutkan, Judge Chutkan, Trump, He’d, ” Chutkan, “ I’ve, Lawlor, ” Lawlor, ” Victoria Thomas, Victoria, Christopher Senn's, Victoria Thomas “, — Victoria Thomas, ” Randall Organizations: CNN, Capitol, FBI, Banuelos, Chicago Police Department, Independence, Salt Lake City —, U.S, Attorney’s, District of Columbia, Salt Lake City Police Department, DC, Federal Bureau of Prisons, Salt Lake City . Chicago Police Department, Police, U.S . Capitol, TRUMP, Trump, Salt Lake City, National Threat Operations Center, Vice News, Liberty, ” Police, KUTV, KSL, NBC, Army, Congress, West Virginia House, West, West Virginia Legislative, Justice Department Locations: Salt Lake City, Senn, Illinois, Liberty, Utah, Randall’s, Victoria, Salt Lake, Chicago, Burger, Washington, Banuelos, Salt Lake County, Colorado, West Virginia, , Salt, Valley, Provo , Utah
Whooping cough cases climbing for decadesAs with many infectious diseases, cases of whooping cough dropped to unusually low levels during the pandemic as people limited social interactions and took other precautions to defend against Covid-19. In 2020, the US had about 6,000 cases of pertussis, and that number dropped even further in 2021 to roughly 2,000 cases. Whooping cough starts with symptoms that look a lot like a regular cold: a runny nose, sneezing, a low-grade fever and a tickly cough. That’s led to a hunt for better, more durable immunizations against whooping cough that also don’t cause as many side effects. In some ways, whooping cough is an ideal infection to test in human challenge models.
Persons: , Susan Hariri, Archana Chatterjee, Chatterjee, they’re, it’s, pertussis –, Hariri, Tod Merkel, Merkel, It’s, That’s, Dr, Sanjay Gupta, Melinda Wharton Organizations: CNN, US Centers for Disease Control, CDC’s National Center, Food and Drug Administration, Chicago Medical School, Products Advisory, Covid, FDA’s, Vaccines Research, Regulators, CNN Health, FDA, National Center Locations: United States, Canada
We've put together everything you need to know about how to buy Indiana Fever vs. Connecticut Sun tickets for both confirmed and contingent games. Indiana Fever vs. Connecticut Sun scheduleThe Indiana Fever vs. Connecticut Sun Round 1 Playoffs schedule begins on September 22 in Connecticut. How to buy Indiana Fever vs. Connecticut Sun ticketsConnecticut Sun tickets for the first two games went on sale last week, and Indiana Fever tickets for the potential third game go on pre-sale today. How much are Indiana Fever vs. Connecticut Sun tickets? Tickets for the Indiana Fever vs. Connecticut Sun match-up vary depending on the date and location.
Persons: We've Organizations: Business, Indiana Fever, Connecticut Sun, Mohegan Sun Arena, Gainbridge Fieldhouse, Ticketmaster, Indiana Fever's Locations: Connecticut, Gainbridge, Indianapolis , Indiana, Indiana, Uncasville, Indianapolis
We will ultimately eliminate the federal Department of Education,” he said earlier this month during a rally in Wisconsin. Previously, federal education programs were housed in other agencies. Ending the department may not eliminate federal education fundingFederal funding programs for K-12 schools that help support the education of students from low-income families and children with disabilities predated the creation of the Department of Education. Calls to abolish the Department of Education or merge it with another federal agency are not new. When Trump was president, his administration proposed merging the Education and Labor departments into one federal agency.
Persons: Donald Trump, Trump, , I’m, , ” Trump, Kamala Harris, ” Harris, Jimmy Carter, Pell, Joe Biden’s, Frederick Hess, Marguerite Roza, ” Roza, Ronald Reagan Organizations: Washington CNN —, Department of Education, of Education, Democratic National Convention, National Education Association, Department, Education’s, IDEA, Civil, Joe Biden’s Department of Education, Obama, Education, American Enterprise Institute, , Georgetown University, Brookings Institution, Republican, Labor, Republicans Locations: Wisconsin, Georgia, Israel
Gold set for weekly gain on Fed rate cut boost
  + stars: | 2024-09-20 | by ( ) www.cnbc.com   time to read: +2 min
Gold lingered near record high levels on Friday and was on track for a weekly gain after the Federal Reserve's recent super-sized interest rate reduction and on signs that further cuts were on the horizon. Spot gold rose 0.2% to $2,592.17 per ounce, as of 0309 GMT, up about 0.6% for the week so far. Bullion rose to a record high of $2,599.92 on Wednesday after the Fed began easing monetary policy with a half-percentage-point rate cut. "Gold prices are expected to be well supported in the coming months due to a weaker U.S. dollar and lower bond yields, as well as against a backdrop of elevated geopolitical tensions," BMI said in a note. Spot silver rose nearly 1% to $31.09 per ounce and palladium gained 0.6% to $1,086.75.
Persons: Gold, Kyle Rodda Organizations: Federal, Fed, Capital.com, BMI Locations: Birmingham, England, Capital.com . Lower U.S, East, Lebanon, Israel, Lebanese, China, Switzerland
Small-cap stocks are poised for a significant rally, Goldman Sachs' Greg Tuorto said. The portfolio manager pointed to lower interest rates and a promising economic backdrop for small-caps. The presidential election could also be a positive catalyst, leading to a catch-up rally, he said. That's according to Greg Tuorto, a portfolio manager at Goldman Sachs Asset Management who says he sees a big "catch-up" rally coming for small-cap stocks. AdvertisementThe Russell 2000 surged 2% after the Fed cut interest rates on Wednesday, with the small-cap index up 12% year-to-date.
Persons: Goldman Sachs, Greg Tuorto, , Tuorto, it's, Fundstrat's Tom Lee Organizations: Service, Goldman Sachs, Management, CNBC, Atlanta Fed
Attempts to purge voter rolls increase as election nears
  + stars: | 2024-09-20 | by ( Devan Cole | ) edition.cnn.com   time to read: +11 min
As of Tuesday, at least three dozen cases related to voter rolls and their maintenance are pending in 19 states, according to the liberal-leaning Democracy Docket, which tracks election litigation. The right-wing effort to purge voter rolls has largely centered around claims that noncitizens are casting illegal votes in favor of Democrats. “There’s always been some litigation about voter rolls and list maintenance. Reviewing voter rolls is a regular practice for states, and despite the 90-day quiet period, the NVRA does allow individuals to ask to be taken off lists close to an election. The federal law exempts some states if they allow voter registration on Election Day at polling centers where federal elections are conducted.
Persons: Donald Trump’s, Joe Biden, Kamala Harris ’, Brennan, “ There’s, , Uzoma Nkwonta, Nkwonta, ” Justin Levitt, , Meritless, Biden, Jason Frazier, Earl Ferguson, Wes Allen, Allen, State Francisco Aguilar, Aguilar, Levitt, J, Christian Adams, Daniel Dale, Fredreka Schouten Organizations: Washington CNN, Republican National Committee, Justice Department, Brennan Center for Justice, New, Loyola Law School, Biden White House, Republicans, NGPAF, Biden, Trump ., DOJ, CNN, Alabama Republican, RNC, Nevada Democratic, State, Nevada Department of Motor Vehicles, Survey, Michigan Bureau, Interest Legal Foundation Locations: Georgia , Nevada , Michigan, Wisconsin, New Georgia, Georgia, Fulton County, Fulton, Trump, Trump . Fulton County, Atlanta, Nevada, Michigan , North Carolina, Arizona, Michigan
CNN —Suspicious packages were sent this week to election offices in more than 20 states, leading to an FBI investigation, triggering evacuations and rattling staff, according to a CNN survey of state offices and Associated Press reporting. Karen Brinson Bell, the executive director of the North Carolina State Board of Elections, told CNN that that the battleground state was also targeted this week. Officials in Kansas and New York said in statements and interviews that, after the letters were noticed, they evacuated their offices. Postal Inspection Service are investigating a series of suspicious mailings sent to election officials in several states,” the FBI said in a statement. A source involved with a group that coordinates with election officials across the country told CNN the 2023 incident led many of these offices to step up precautions and safety measures, so they were better protected this time around.
Persons: Brad Raffensperger, “ We’re, ” Raffensperger, Karen Brinson Bell, Bell, ” Bell, , ” David Becker, ” Becker, Democrats ”, Organizations: CNN, Associated Press, US Postal Service, North Carolina State Board, Election Innovation, Research, Democrats, FBI, U.S . Postal, Service Locations: Alaska , Arizona , California , Colorado , Connecticut, Georgia, Indiana , Iowa , Kansas , Kentucky , Massachusetts , Mississippi , Missouri , Nebraska , New York, North Carolina , Ohio , Oklahoma, Rhode Island , Tennessee, Wyoming, Fulton County, Kentucky, Kansas, New York, Oklahoma, Takoma Park , Maryland
The idea behind saving for retirement is to provide yourself with income between when you stop working and when you die. For those born after 1960, full retirement age — when you receive a full Social Security benefit — is age 67. So maybe it's not surprising that most U.S. retirement savers aren't planning on a lengthy retirement. "Building a plan around spending your assets down to zero, for us, we simply avoid it at all costs." In fact, the median retirement age for U.S. workers is 62, according to research from the Employee Benefit Research Institute.
Persons: CNBC's, SurveyMonkey, Yusuf Abugideiri, Yeske Buie, Abugideiri, you'll Organizations: National Center for Health Statistics, Social Security, Research Locations: Vienna , Virginia, America
You can opt-out at any time by visiting our Preferences page or by clicking "unsubscribe" at the bottom of the email. When I had my son, I was determined to avoid putting him in day care while I worked. It wasn't just that I didn't love the idea, but as a single mom, I would never have been able to make enough money to make day care make sense. I knew that all my money would have gone right to paying for it. But I was a single mom without much willing help from family members, so I had to get creative.
Organizations: Service
She told Business Insider that the difference between an au pair and a nanny is in the scope of the role. "Au pairs are allowed to negotiate for more; however, most families pay this because au pairs are afraid to speak up." Related storiesHutchinson's interest in becoming an au pair was sparked by her college dean, who talked fondly of her experiences as an au pair in America two decades earlier. Typically, they would video chat with a potential au pair from afar before hiring one for a 12-month position. She's still waiting on paperwork, but once her au pair time concludes, she plans to pursue a different path.
Persons: , Angel Hutchinson, she's, She's, Hutchinson, ZAR, we've, Hutchinson's, she'd, it's, I've, Lauryn Haas Organizations: Service, Business, State Department, Rockies, VW Jetta, lhaas Locations: Durban, South Africa, Maryland, Puerto Rico, America, Indian, New Jersey, Colorado
CNN —Almost three decades ago, Richard Hays, a United Methodist minister and the soon-to-be dean of Duke Divinity School, wrote what quickly became the go-to traditionalist Christian argument against same-sex marriage. Fuller Theological Seminary, where Christopher Hays is a professor, also demands agreement with a faith statement that opposes same-sex marriage. Even as support for same-sex marriage has plateaued in the last few years, recent surveys from Gallup find that more than one in five Gen Z Americans identify as LGBTQ, and nearly 90% of Americans under 30 years old support same-sex marriage. The reversal from Hays certainly will not settle the debate among Christians when it comes from same-sex marriage. But I hope it makes opponents of same-sex marriage at least pause and wonder — is there a faithful path forward that makes room for people like me?
Persons: Richard Hays, Hays, he’s, , ” Richard Hays, Christopher Hays, , ” Hays, I’ve, , ” Les Todd, hasn’t, Richard’s, ‘ I’m, ” Christopher, Paul, “ I’m, I’m, ” Ryan Struyk, Ryan Struyk, CNN Hays, Al Mohler, Robert Gagnon, Preston Sprinkle, “ It’s, Matthew Vines, CNN “, ” Fuller, “ Fuller, David Emmanuel Goatley, Doug McSchooler, Greg Johnson, Louis Organizations: CNN, United Methodist, Duke Divinity School, Duke University, Bible School, Fuller Theological Seminary, Southern Baptist Theological Seminary, Conservative, for Faith, Christian Reformed Church, Religion News Service, Southern Baptist Convention, SBC, Presbyterian Church, PCA, Gallup Locations: , Grand Rapids , Michigan, Pasadena , California, North America, United States, Canada, Indianapolis, America
New York CNN —The Securities and Exchange Commission intends to seek sanctions against Elon Musk over his failure to appear for testimony in an investigation related to his takeover of Twitter, now called X, the regulator said in a court filing Friday. Earlier this year, a federal judge ordered Musk to testify as part of the SEC’s probe of the billionaire’s $44 billion acquisition. The agency is examining whether Musk followed the law when disclosing his purchases of Twitter stock and whether his statements in relation to the deal were misleading. The SEC asked the court to impose “meaningful conditional relief” if Musk does not appear at the new October testimony date. The SEC also said it intends to file a sanctions motion against Musk to recoup its travel costs for the cancelled testimony and for other relief.
Persons: Elon Musk, Musk, , ” Musk, Organizations: New, New York CNN, Securities, Exchange Commission, Elon, Twitter, Elon Musk's, SEC, SpaceX, Polaris Locations: New York, Los Angeles, East Coast
The Barclays 6 Month Online CD is paying 5.10% APY, but it may not be for long. This is because CD rates are directly impacted when the Federal Reserve changes rates. Most notably, the well-known online bank Barclays Bank still has a 6-month CD paying 5.10% annual percentage yield (APY) on a 6-month CD, but it may not be for long. How to earn 5.10% APY on a Barclays CDSince Barclays is an online-only bank, you'll have to apply for the Barclays 6 Month Online CD online. She edits and updates articles about banks, checking and savings accounts, CD rates, budgeting, and general saving.
Persons: you'll, Sophia Acevedo, Sophia, Axel Springer, Education Sophia Organizations: Fed, Barclays, Federal Reserve, Barclays Bank, Business, Finance, Bank, Savings, Education, California State University Fullerton, National Association of Hispanic Journalists, Angeles Locations: California
What's Minneapolis' secret to fixing housing? Build more
  + stars: | 2024-09-20 | by ( Brian Cheung | ) www.cnbc.com   time to read: +3 min
The Currie Commons housing development under construction in the Harrison neighborhood of Minneapolis, Minnesota, US, on Thursday, July 20, 2023. We want to house five or six or eight or 25 families," said Minneapolis Mayor Jacob Frey, who has overseen the Minneapolis 2040 plan. Both former President Donald Trump and Vice President Kamala Harris have broadly promised to provide some support for first-time homebuyers, with the Harris campaign offering more details. The campaign broadly said Trump's housing plan involves freeing up federal land for housing and cutting regulations. The Currie Commons housing development under construction in the Harrison neighborhood of Minneapolis, Minnesota, US, on Thursday, July 20, 2023.
Persons: Ben Brewer, Minneapolis Mayor Jacob Frey, Donald Trump, Kamala Harris, Harris, Tim Walz, Karoline Leavitt Organizations: Currie, Bloomberg, Getty, National Association of Realtors, Minneapolis Mayor, Minnesota Gov, Trump, Ford Motor Co Locations: Harrison, Minneapolis , Minnesota, United States, Minnesota, Minneapolis, U.S, Saint Paul , Minnesota, The Minneapolis
CNN —A fired-up Vice President Kamala Harris adopted a rapid-response mentality to seize on the key issue of abortion rights this week. Harris’ strength on abortion rights is built on key groups that she hopes will show up in droves for her on Election Day. Among Black voters, 83% trust Harris, and among Hispanic voters, it was 63%. Eva Marie Uzcategui/Bloomberg/Getty ImagesWill men consider abortion rights when they vote? Abortion rights may not be a motivating issue for men.
Persons: CNN —, Kamala Harris, , Harris, Oprah Winfrey, CNN’s Priscilla Alvarez, Trump, Joe Biden’s, ” Alvarez, Donald Trump, Roe, Wade, “ I’m, ” Harris, Shanette Williams, Amber Nicole Thurman, ProPublica, Thurman, Winfrey, CNN’s Brianna Keilar, Nisha Verma, ” Verma, ” “, Verma, White, Walz, Eva Marie Uzcategui, CNN’s Arit John, Eva McKend, David Wright Organizations: CNN, Georgia, New York Times, Siena College, Trump, Black, Democratic, Republican, Biden, Bloomberg, Getty Locations: Atlanta, Michigan, Georgia, Chicago, North Carolina, Boynton Beach , Florida, Pennsylvania
Read previewThis as-told-to essay is based on a conversation with Hannah Staddon, a 31-year-old private chef who works onboard the Mucho Gusto, a luxury charter in the British Virgin Islands. So, my partner and I started looking for a boat together, and we ended up working together on board Mucho Gusto. Mucho Gusto charter. Mucho Gusto charter. Mucho Gusto charterWe have an age limit of 12 on board the yacht.
Persons: , Hannah Staddon, I've, It's, haven't, benedict, waffles, Staddon, there's, Dominic, platters Organizations: Service, Business Locations: British Virgin, South Africa
The regular season came to a close on Thursday night with all 12 teams in action. Diana Taurasi, widely considered to be one of the best women’s basketball players of all time, addressed the Phoenix crowd on the court after what was possibly her final regular season game ever. It has been speculated that this will be Taurasi’s final season as an active player. Record crowd in attendance for Caitlin Clark’s final rookie regular season gameThis season has seen record highs in attendance and viewership, continuing right until the end of the regular season. Clark drives to the basket in the final regular season game of her rookie year.
Persons: Diana Taurasi, “ There’s, there’s, , Taurasi, Christian Petersen, that’s, Caitlin Clark’s, Caitlin Clark, Sabrina Ionescu, Clark, , Charles Brock, , Christie Sides, Sika Koné, Tina Charles, Charles, Sylvia Fowles, Rich von Biberstein, ” Charles, Fowles Organizations: CNN, WNBA, Mercury, Seattle Storm, Minnesota Lynx, Capital, Washington DC, Mystics, Indiana Fever, Washington, Atlanta Dream, New York Liberty, Atlanta, Liberty, New, Phoenix Mercury, Connecticut Sun, Las Vegas Aces Locations: Washington, Thursday’s, New York
CNN —On Wednesday, the Federal Reserve cut interest rates for the first time since the early days of the COVID-19 pandemic, slashing its benchmark rate by half a percentage point and signaling more rate cuts by the end of the year. The supply of homes for sale hasn’t kept up with demand as homeowners who locked in ultra-low pandemic-era mortgage rates were less willing to sell their homes in a higher mortgage rate environment. Some experts believe falling rates could entice more homeowners to put their homes up for sale. In the past few months, rates have steadily fallen in anticipation of interest rate cuts. Does the Fed’s recent interest rate cut and the potential for more rate cuts in the future change your outlook as a homeowner or a potential homebuyer?
Persons: hasn’t, Freddie Mac Organizations: CNN, Federal Reserve
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