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Now, in a full circle moment, the immigration hard-liner is leaving Fox and rejoining Trump as the president-elect prepares to take office again. Once Homan became a Fox contributor, he was a regular presence across the network’s morning and prime time shows. Once President Joe Biden took office, Homan became an outspoken critic of the Democratic administration. “I have been on this network for years complaining about this administration did to this border,” Homan said in Monday’s appearance. Homan will no longer be a Fox contributor, effective Monday, a network spokesperson confirmed to CNN.
Persons: Tom Homan, didn’t, Donald Trump’s, , , Fox, ” Homan, Homan, Trump, Obama, , Juliet Jeske, Jeske, Trump’s, ” Jeske, ” Trump, Friends ”, Lawrence Jones, Anthony Scaramucci, Richard Grenell, Heather Nauert, Morgan Ortagus, Bill Shine, Joe Biden, ” “, Brian Kilmeade, ” Kilmeade, Maria Bartiromo, It’ll Organizations: New, New York CNN, US Immigration, Customs, Fox News, Fox, Trump, “ Fox, Friends, Democratic, ” “ Fox, CNN, ICE Locations: New York
The visit was part of “Fox & Friends” co-host Lawrence Jones’ ongoing barbershop interview series. Fox edited out many of Trump’s rambling comments and false claims. Ironically, however, Fox edited several of Trump’s recent appearances on the network, including his visit to the barbershop. Fox also cut some of the former president’s insults, as when he mocked the Wall Street Journal, a sister property of Fox. Trump’s recent appearance on the Fox News program “MediaBuzz” was also pretaped and edited.
Persons: Donald Trump’s “, Trump, , Friends ”, Lawrence Jones, Fox, , Kamala Harris, Harris, Jones, Ronald Reagan, ” Trump, Viktor Orban Organizations: New, New York CNN, The Fox News, “ Fox, Friends, CNN, CBS, , Fox, Trump, Keystone Pipeline, Wall Street, Fox News Locations: New York, Bronx, Instagram, Israel, United States, Springfield , Ohio, Springfield, Aurora , Colorado, Russia
Sen. JD Vance of Ohio is former President Donald Trump's running mate in the 2024 election. Vance met his wife, Usha Chilukuri Vance, while they were both students at Yale Law School. AdvertisementWhen Fox News asked Usha Chilukuri Vance in June how she felt about her husband, JD Vance, being considered as Donald Trump's running mate, she told host Lawrence Jones that she was "not raring to change anything about our lives right now." Vance, the junior senator from Ohio and bestselling author of "Hillbilly Elegy," and Chilukuri Vance, a litigator whose résumé includes a Supreme Court clerkship, met as students at Yale Law School and wed in 2014. Here's a look inside the relationship of the newest GOP power couple who could become the next vice president and second lady.
Persons: Sen, JD Vance, Ohio, Donald Trump's, Vance, Usha Chilukuri Vance, , Lawrence Jones, Trump, Chilukuri Vance Organizations: Yale Law School, Service, Fox News, Republican National Convention Locations: Ohio
See more mortgage rates on Zillow Real Estate on ZillowWhat Are Today's Mortgage Refinance Rates? See more mortgage rates on Zillow Real Estate on ZillowMortgage CalculatorUse our free mortgage calculator to see how today's mortgage rates will affect your monthly and long-term payments. Current 30-Year Mortgage RatesAverage 30-year mortgage rates are hovering around 5.80%, according to Zillow data. Mortgage rates are determined by a variety of different factors, including larger economic trends, Federal Reserve policy, your state's current mortgage rates, the type of loan you're getting, and your personal financial profile. But now that inflation has decelerated and the Fed is expected to cut rates soon, mortgage rates have trended down.
Persons: they've, Lawrence Yun, Freddie Mac, it's, Fannie Mae Organizations: Federal, National Association of Realtors, Zillow, Fed, Mortgage, Association, ARM, . Government Locations: Chevron, Government
Josh Hartnett gained 30 pounds for his role in "Oppenheimer." His costar Matt Damon warned him it would be difficult to lose the weight after filming wrapped. "He was like, 'You're never gonna get that off again, man,'" Harnett recalled Damon telling him. Too bad he didn't warn his costar Josh Harnett before he decided to gain 30 pounds to play the famed physicist Ernest Lawrence in "Oppenheimer." "He was like, 'You're never gonna get that off again, man,'" Harnett recalled Damon saying on "The Tonight Show."
Persons: Josh Hartnett, Oppenheimer, Matt Damon, Harnett, Damon, , Josh Harnett, Ernest Lawrence Organizations: Service, Business
A Thursday report from Zillow indicates that a typical starter home is now worth $1 million or more in 237 cities, up from 84 cities in 2019, underscoring America’s ongoing home affordability crisis. “We see the largest number of million-dollar starter homes in expensive coastal markets. To further complicate things for first-time buyers, the value of starter homes has grown at a faster pace than the average home. According to Zillow, starter home values have grown 54.1% over the past five years, while the average US home has increased by 49.1%. The nationwide average price tag for a starter home is $196,611, according to Zillow.
Persons: underscoring, ” Orphe, , It’s, homebuyer, Zillow, Jeffrey Jenkins, Divounguy, “ That’s, , Lawrence Yun Organizations: CNN, Gallup, National Association of Realtors, University of Southern Locations: Zillow, California , New York, New Jersey, University of Southern California, United States
Mortgage rates haven't moved much in recent days, with average 30-year mortgage rates sticking around 6.51% so far this week, according to Zillow data. See more mortgage rates on Zillow Real Estate on ZillowMortgage CalculatorUse our free mortgage calculator to see how today's mortgage rates will affect your monthly and long-term payments. 15-Year Fixed Mortgage RatesAverage 15-year mortgage rates were 6.05% this week, according to Freddie Mac data, which is a 12-basis-point decrease from the previous week. As inflation comes down and the Federal Reserve is able to start cutting the federal funds rate, mortgage rates should fall further as well. Now that the Fed has paused hiking rates, mortgage rates have come down a bit.
Persons: Lawrence Yun, Freddie Mac Organizations: National Association of Realtors, Zillow, Federal Reserve, Fed Locations: Chevron
These 10 U.S. states have America’s best economies in 2024
  + stars: | 2024-07-18 | by ( Scott Cohn | ) www.cnbc.com   time to read: +13 min
We consider economic growth and job growth. We measure the breadth of each state's economy by looking at how many major corporations are headquartered there. Delaware's economy turned in a lackluster performance in 2023 — the only state economy to shrink last year. Mario Tama | Getty ImagesThe Grand Canyon State's surging chip sector is delivering many dividends, including strong job growth and a healthy housing market. But he noted that construction employment grew at a healthy pace last year, evidence that the state economy still has steam left.
Persons: Dupont De Nemours, Ethan Miller, Kevin C, George Frey, Mark Knold, Knold, Zions, Mario Tama, Katie Hobbs, Allison Joyce, they've, Andrew Berger, Gross, Berger, Nina Dietzel, Lawrence Kessler, Kessler, Brandon Bell, Joe Raedle Organizations: Companies, Business, Delaware, Istock, Getty, Fortune, Census, Commerce Department, Aaa, Direct Investment, Corporate, Gem State, Micron Technology, Lamb Weston Holdings, Silver State, Pew, Major Corporations, Vegas Sands, MGM Resorts, Benz, Cox, Mercedes, Nestlé, Purina, Adidas, Georgia Department of Economic, U.S . Commerce Department, Assurant, Intercontinental, Contractors, Bloomberg, Utah's Department of Workforce Services, Arizona Workers, Gov, Democrat, Major, Technology, North, Health, Employers, North Carolina Department of Commerce, Corporate Headquarters, Bank of America, Duke Energy, Tennessee, University of Tennessee, The Volunteer State, FedEx, Texas Employees, Lone Star State, Entrepreneurship, Oracle, Tesla, Amerant Locations: States, Wilmington, New Castle County , Delaware, Delaware, Incyte, Idaho, Boise , Idaho, USA, Nevada, Las Vegas, Las Vegas , Nevada, Southern California, Vegas, Georgia, Atlanta , Georgia, Peach, Utah, Provo , Utah, U.S, Beehive, Buckeye , Arizona, Arizona, North Carolina, Wilmington , North Carolina, Carolina, Tennessee Nashville , Tennessee, Luling , Texas, The Texas, North Dakota, California, Texas, Florida, Sunrise , Florida
Read previewIf you're good at your job and have a nice personality, you'll never get promoted. Mary McConner, the founder and CEO of Inclusive Excellence Consulting, told BI this is when high performers get overloaded with work because they are reliable. Advertisement"Unfortunately, performance punishment often leads to burnout and resentment because their good work isn't rewarded with advancement, but with more work," McConner said. Being nice but ballsy can pay offLuke Blaney, the managing director of the recruitment agency ARx, told BI there is "a lot of truth in the whole 'nice guys finish last' saying." She told BI that she thinks the notion of being a tough leader is "completely outdated."
Persons: , you'll, Jacqueline Morris, Morris, jacqueline, Paul Bramson, Bramson, Cameron Anderson, Mary McConner, isn't, McConner, Mary Barnes, Barnes, Lawrence J, Peter, Luke Blaney, aren't, Blaney, it's, Carolina Caro, " Caro, Caro Organizations: Service, Business, Paul Bramson Companies, Universities of, University of Notre Dame, Cornell University, University of Western, National Academy of Sciences, University of California, Consulting, Partners Locations: Universities of Bristol , Minnesota, Heidelberg, University of Western Ontario, Berkeley, Canadian
The situation could improve somewhat later this year, when the Federal Reserve is expected to begin paring back interest rates from a 23-year high, which should bring down mortgage rates. But Fed officials have penciled in just one rate cut for this year, and the days of ultra-low interest rates are long gone. Economists don’t expect the average mortgage rate to fall below 6% in 2024. However, there have been some steps in the right direction: Total housing inventory has steadily increased throughout this year, according to NAR data. New home construction also contributes to housing supply, but high interest rates seem to have pumped the brakes on homebuilding.
Persons: , Lawrence Yun, , don’t, That’s, NAR’s Yun Organizations: Washington CNN — Homes, National Association of Realtors, NAR, , Federal Reserve, Fed, Housing Locations: America
Mortgage rates have been holding relatively steady this month, though 30-year mortgage rates inched up slightly this week. See more mortgage rates on Zillow Real Estate on ZillowMortgage CalculatorUse our free mortgage calculator to see how today's mortgage rates will affect your monthly and long-term payments. 15-Year Fixed Mortgage RatesAverage 15-year mortgage rates were 6.36% this week, according to Freddie Mac data, which is a 12-basis-point increase from the previous week. Now that the Fed has paused hiking rates, mortgage rates have come down a bit. Once the Fed starts cutting rates, which is likely to happen this year, mortgage rates should fall even further.
Persons: Lawrence Yun, Freddie Mac Organizations: National Association of Realtors, NAR, Zillow, Federal Reserve, Fed Locations: Chevron
Mortgage rates should go down later this year, increasing affordability for many hopeful homebuyers. See more mortgage rates on Zillow Real Estate on ZillowMortgage CalculatorUse our free mortgage calculator to see how today's mortgage rates would impact your monthly payments. 30-year Fixed Mortgage RatesThe average 30-year fixed mortgage rate was 7.17% this week, according to Freddie Mac. 15-year Fixed Mortgage RatesThis week, average 15-year mortgage rates were 6.44%, a five-basis-point increase from the previous week, according to Freddie Mac data. Once the Fed cuts rates, mortgage rates should fall even further.
Persons: Freddie Mac, Lawrence Yun, homebuyers, you'll, it's Organizations: National Association of Realtors, NAR, Zillow, Federal Reserve Locations: Chevron
Washington CNN —Mortgage rates soared this week, breaching the key 7% threshold and extending America’s home affordability crisis. Mortgage rates are climbing based on expectations that the Federal Reserve won’t cut interest rates anytime soon. Mortgage rates track the benchmark 10-year Treasury yield, which has risen to its highest level since November at 4.637%. If inflation stalls any further, or even worsens, mortgage rates could climb higher this year. Housing affordability is being stymied not just by high mortgage rates, but also by elevated home prices nationwide.
Persons: Freddie Mac, , Sam Khater, Freddie Mac’s, , Lawrence Yun Organizations: Washington CNN —, Federal, National Association of Realtors, Treasury, Index, NAR
Sales fell across the country except in the Northeast region, which saw an increase for the first time since November 2023. Rising home prices coupled with mortgage rates stuck at elevated levels means Americans are still dealing with a tough housing market. Sales might not rise meaningfully higher as the Federal Reserve signals that it won’t cut interest rates anytime soon. Then mortgage rates began to decline on hopes that the Fed would cut interest rates aggressively in 2024, but those expectations have been thrown out the window. Mortgage rates have held steady in recent weeks but are poised to rise because they track bond yields, which are climbing on persistently high inflation readings.
Persons: , Lawrence Yun, haven’t, trickling, Yun, ” Yun, hasn’t Organizations: Washington CNN —, National Association of Realtors, Federal Reserve, NAR Locations: United States, Northeast
ABC and NBC's streaming services carried a part of Trump live, then left and corrected some of what Trump said. Live coverage of events is the go-to move for cable networks, which thrive on a sense of urgency. “Saturday Night Live” opened its show last week with a spoof of one of those news conferences. Fox News' Sean Hannity and Jesse Watters both did segments on rivals' decisions not to show Trump's Iowa speech in full. On MSNBC Wednesday, Trump's speech received far more attention on “Morning Joe” than it had the night before.
Persons: Donald Trump, , Trump, Rachel Maddow, Maddow, “ We'll, ” Maddow, Nancy Pelosi, Jake Tapper, Vivek Ramaswamy, Drew “ Bundini ” Brown, Muhammad Ali, , we've, Linsey Davis, , Mary Hager, Jonathan Klein, “ I'm, ” Klein, Klein, Sean Hannity, Jesse Watters, Watters, Kayleigh McEnany, Hannity, Joe ”, Vaughn Hillyard, Lawrence O'Donnell, ” ___ David Bauder Organizations: CNN, MSNBC, Fox News Channel, Trump, ABC, GOP, CBS News, AS, Network, Fox News, “ Media, White House, Fox, NBC, Associated Press Locations: Hampshire, Iowa, New Hampshire
High mortgage rates had a huge impact on the housing market last year, but we'll likely see conditions improve in 2024. Mortgage rates rose to a more than two-decade high last year, and homebuying demand all but disappeared as a result. "Mortgage rates are meaningfully lower compared to just two months ago, and more inventory is expected to appear on the market in upcoming months." See more mortgage rates on Zillow Real Estate on ZillowMortgage CalculatorUse our free mortgage calculator to see how today's interest rates will affect your monthly payments. 15-Year Fixed Mortgage RatesAverage 15-year mortgage rates inched down to 5.76% last week, according to Freddie Mac data.
Persons: Lawrence Yun, you'll, Freddie Mac, it's, they've Organizations: Mortgage, National Association of Realtors, NAR, Zillow, Federal Reserve Locations: Chevron
Read previewThe housing market is coming off its weakest year of home sales since 1995, according to data out Friday from the National Association of Realtors. For the full 12 months, total existing home sales hit 4.09 million units, and sales were lower across all regions in the US year-over-year. Related stories"The latest month's sales look to be the bottom before inevitably turning higher in the new year," NAR economist Lawrence Yun said. AdvertisementTotal existing home sales, year-over-year. "Despite sluggish home sales, 85 million homeowning households enjoyed further gains in housing wealth," Yun said.
Persons: , Lawrence Yun, Freddie Mac, Yun Organizations: Service, National Association of Realtors, Business, NAR Locations: homeownership
“Consumer views were supported by confidence that inflation has turned a corner and strengthening income expectations,” Hsu added. “Like December, there was a broad consensus of improved sentiment across age, income, education, and geography,” Hsu said. There may, however, be some relief in 2024 as mortgage rates fall in line with reduced interest rates from the Federal Reserve. “Mortgage rates will continue to remain a wild card for home shoppers,” said Danielle Hale, chief economist at Realtor.com. "Mortgage rates are meaningfully lower compared to just two months ago, and more inventory is expected to appear on the market in upcoming months."
Persons: Joanne Hsu, ” Hsu, , Danielle Hale, Lawrence Yun Organizations: University of Michigan, Republicans, Federal Reserve, National Association of Realtors, , Realtor.com, National Association of Home Builders, Federal Reserve Bank of New, Federal Reserve Bank, Atlanta’s Locations: , Federal Reserve Bank of New York
Pending home sales dropped to their lowest level on record in October as mortgage rates remain high. The decline in pending home sales exceeds the drop seen during the 2008 housing bust. AdvertisementPending home sales fell in October to its lowest level on record, exceeding the decline seen during the 2008 housing collapse. But a decline in interest rates since then has pushed mortgage rates back down to about 7.3%. That slight decline in mortgage rates should help open up the housing market, but it's likely still not enough to completely thaw the frozen market.
Persons: , Lawrence Yun, Freddie Mac, Yun Organizations: Service, National Association of Realtors
Mortgage rates have been falling consistently for several weeks now, and 30-year mortgage rates are finally back down near 7% after spiking close to 8% last month. So far this year, high mortgage rates have made homeowners reluctant to sell and give up the low rates they're currently paying. See more mortgage rates on Zillow Real Estate on ZillowMortgage CalculatorUse our free mortgage calculator to see how today's mortgage rates will affect your monthly and long-term payments. 15-Year Fixed Mortgage RatesAverage 15-year mortgage rates were 6.76% last week, according to Freddie Mac data, which is a five-basis-point drop from last week. Now that the Fed has paused hiking rates, mortgage rates have come down a bit.
Persons: It's, Lawrence Yun, Freddie Mac Organizations: homebuyers, National Association of Realtors, NAR, Zillow, Fed Locations: Chevron
Activity is now at a 13-year low as rising borrowing costs take their toll on the US housing market. Mortgage rates have cleared 7.5% this year, driven higher by the Federal Reserve’s war on inflation. AdvertisementThe spike in mortgage rates dragged on the US housing market once again last month, as activity plunged to a 13-year low even as prices ticked up. Soaring mortgage rates, driven to their highest level since the turn of the century by the Federal Reserve's war on inflation, have fueled the housing-market slowdown. As a result, existing homeowners have opted to cling to the historically low mortgage rates they locked in over the last 15 years rather than move house.
Persons: , Freddie Mac, Lawrence Yun, Yun Organizations: National Association of Realtors, Federal, Service, Biden Administration, NAR
Sales of existing homes fell by 4.1% in October as a shortage of houses for sale and higher mortgage rates dampened activity, the National Association of Realtors said on Tuesday. The annual level of sales reached 3.79 million, down 14.6% from a year ago when sales were 4.44 million. “Prospective home buyers experienced another difficult month due to the persistent lack of housing inventory and the highest mortgage rates in a generation,” said NAR Chief Economist Lawrence Yun. There is some relief, however, as mortgage rates have fallen in the past week. Some housing industry analysts believe rates could trend under 7% early next year as overall interest rates begin falling amid expectations the Federal Reserve is done raising rates.
Persons: , Lawrence Yun, ” Yun, , Danielle Hale Organizations: National Association of Realtors, Midwest, Federal Locations:
But right now, the unit's operations are shut down as regulators investigate the safety of Cruise's self-driving vehicles. Cruise had $1.7 billion in cash as of Sept. 30, enough to last nine months at the current cash burn rate. As Cruise's troubles intensified, investors on Thursday sent GM shares down more than 3% to $26.65, its lowest closing price since August 2020. In addition to the problems at Cruise, GM last month agreed to a costly new contract with the United Auto Workers, and scaled back plans to expand electric-vehicle production. California regulators suspended Cruise's license to operate, and have accused Cruise officials of misrepresenting information about the incident.
Persons: Heather Somerville, Mary Barra, Cruise, Cruise's, Lawrence Paustian, Barra, Quinn Emanuel, Shinji Aoyama, It's, Kyle Martin, Martin, Jason Petitte, Paul Jacobson, Biden, Ben Klayman, Joseph White, David Shepardson, Matthew Lewis Organizations: General Motors Corp, REUTERS, Rights DETROIT, General Motors, GM, Honda, Cruise, United Auto Workers, Pzena Investment Management, Reuters, Westwood Group, California Department of Motor Vehicles, U.S . National, Traffic, Administration, Thomson Locations: San Francisco , California, U.S, Cruise, Japan, Chicago, Waymo, San Francisco, California, Detroit, Washington
Companies St Lawrence Seaway Management Corp. FollowOTTAWA, Oct 29(Reuters) - A seaway workers' union in eastern Canada agreed to a new tentative labor contract on Sunday, ending a days-long strike that had impeded the movement of grains and other commodities on a key North American trade route linked to the Atlantic Ocean. The Unifor union, representing 361 workers along the St. Lawrence Seaway, said the agreement covers Unifor members at Locals 4211, 4212 and 4323 in Ontario and Locals 4319 and 4320 in Quebec, who work in the supervisory and engineering group and the maintenance, operations, and clerical group. Reporting by Ismail Shakil in Ottawa and Surbhi Misra in Bengaluru; Editing by Rod Nickel and Kim CoghillOur Standards: The Thomson Reuters Trust Principles.
Persons: Ismail Shakil, Surbhi Misra, Rod Nickel, Kim Coghill Organizations: Lawrence Seaway Management Corp, seaway, Lawrence Seaway, Thomson Locations: OTTAWA, Canada, American, St, Lawrence, Ontario, Quebec, Ottawa, Bengaluru
"At the current 8% mortgage rate, mortgage payment[s] are 38% of median income," Moody's Analytics chief economist Mark Zandi said. The National Association of Realtors measures affordability through its 34-year old Housing Affordability Index, or HAI. And even if home prices do the decline, that trend won't be sustainable unless America builds millions of more homes. And spreads will likely remain extra-wide until short-term interest rates drop below the rates on longer-term treasuries, Duncan said. "Mortgage rates will not go back to 3% – we'll be lucky if we get back to 5," Yun said.
Persons: , John Burns, maven Mohamed El, Lawrence Yun, Yun, Mark Zandi, That's, Doug Duncan, Fannie, Duncan, Daryl Fairweather, They've, Fairweather, they've, Freddie Mac, , Zandi, it's Organizations: Nurphoto, Getty, National Association of Realtors, John Burns Real Estate Consulting, NAR, Redfin, Allianz, America, Federal Reserve, realtors, Builders, Fed Locations: Florida, Austin , Texas, Boise , Idaho, Fannie Mae, America, New York, California, Phoenix, Tampa, Louisville, Indianapolis, Chicago
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