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☆ US housing starts surge in boost to economy
▼ + stars: | 2023-08-16 | by ( Lucia Mutikani | ) www.reuters.com time to read: +7 min

The sharp rebound in groundbreaking on single-family housing units reported by the Commerce Department on Wednesday was another sign of the economy continuing to defy dire forecasts of a recession. Single-family housing starts, which account for the bulk of homebuilding, jumped 6.7% to a seasonally adjusted annual rate of 983,000 units last month. The increase in groundbreaking was led by the West, where single-family starts soared 28.5%. Overall housing starts increased 3.9% to a rate of 1.452 million units in July. TIGHT SUPPLYDespite the rise in starts, housing supply is likely to remain tight.

Persons: Mike Blake, homebuilding, Christopher Rupkey, Freddie Mac, Nancy Vanden, Daniel Silver, Goldman Sachs, Lucia Mutikani, Chizu Organizations: REUTERS, WASHINGTON, Commerce Department, Federal, National Association of Home Builders, Reuters, Oxford Economics, Treasury, Realtors, U.S, Fed, JPMorgan, Thomson Locations: San Marcos , California, U.S, New York, homebuilding, Nancy Vanden Houten, Midwest

☆ US single-family housing starts to drop; building permits hit 12-month high
▼ + stars: | 2023-07-19 | by ( Lucia Mutikani | ) www.reuters.com time to read: +5 min

Summary Single-family housing starts drop 7.0% in JuneSingle-family building permits increase 2.2%Multi-family starts fall 11.6%; permits drop 5.6%WASHINGTON, July 19 (Reuters) - U.S. single-family homebuilding fell in June, but permits for future construction rose to a 12-month high as a severe shortage of previously owned houses for sale supports new construction. The decline in housing starts reported by the Commerce Department on Wednesday partially retraced an abnormally large 18.7% surge in May, which had pushed groundbreaking on single-family housing projects to an 11-month high. Single-family housing starts, which account for the bulk of homebuilding, dropped 7.0% to a seasonally adjusted annual rate of 935,000 units last month. In June, single-family homebuilding fell in the Northeast, Midwest as well as the densely populated South, but jumped 4.6% in the West. Housing starts and building permitsHOUSING STABILIZING"Today's report continues to suggest stabilization," said Murat Tasci, an economist at JPMorgan in New York.

Persons: homebuilding, Mark Palim, Fannie, Freddie Mac, Murat Tasci, Nancy Vanden, Lucia Mutikani, Chizu Nomiyama, Andrea Ricci Organizations: Commerce Department, Builders, Reuters, Federal, National Association of Home Builders, Treasury, Housing, JPMorgan, Oxford Economics, Thomson Locations: WASHINGTON, Fannie Mae, Washington, homebuilding, Northeast, Midwest, Wells Fargo, New York, West, Nancy Vanden Houten, U.S

☆ US single-family starts drop; building permits hit 12-month high
▼ + stars: | 2023-07-19 | by ( Lucia Mutikani | ) www.reuters.com time to read: +5 min

☆ Manson Follower Leslie Van Houten Released From Prison After More Than 50 Years
▼ + stars: | 2023-07-12 | by ( Talal Ansari | ) www.wsj.com time to read: 1 min

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Persons: Dow Jones, manson, leslie, f4dcbdb5

Her release had been expected after California Governor Gavin Newsom on Friday announced he would give up trying to deny parole for Van Houten, 73, who was serving a life sentence. In May a California appeals court overruled Newsom and found Van Houten was entitled to parole. "She was a model prisoner from the day she entered prison," Tetreault said. Van Houten was 19 when the murders were committed, making her the youngest of Manson's devotees. Van Houten was convicted of fatally stabbing grocery owner Leno LaBianca and his wife, Rosemary, in their Los Angeles home on Aug. 10, 1969.

Persons: Leslie Van Houten, Manson, Charles Manson's, Gavin Newsom, Van Houten, Newsom, Nancy Tetreault, Tetreault, She's, Jerry Brown, Sharon Tate, Leno LaBianca, Rosemary, Tate, Roman Polanski, Daniel Trotta, David Gregorio Our Organizations: California Supreme, Thomson Locations: Los Angeles, California, Corona, Angeles, Europe, Carlsbad , California

CNN —Leslie Van Houten, a former Charles Manson follower and convicted murderer, was released from a California prison on Tuesday, a prison spokesperson told CNN. Van Houten was released to parole supervision, California Department of Corrections and Rehabilitation spokesperson Mary Xjimenez said. Van Houten will have a three-year maximum parole term with a parole discharge review occurring after one year, Xjimenez said. In 1994, Van Houten described her part in the killings in a prison interview with CNN’s Larry King. “I went in and Mrs. LaBianca was laying on the floor and I stabbed her,” said Van Houten, who was 19 at the time of the murders.

Persons: Leslie Van Houten, Charles Manson, Van Houten, Mary Xjimenez, Xjimenez, Manson, ”, Leno LaBianca, Rosemary, Gavin Newsom’s, Van, Newsom, Van Houten’s, Erin Mellon, “, ” Melton, Jay Sebring, Governor Newsom, ” Sebring’s, Anthony DiMaria, CNN’s Laura Coates, ” DiMaria, rampages, Nancy Tetreault, CNN’s John Berman, that’s, ” Tetreault, Berman, she’s, Tetreault, –, Jerry Brown, Gavin Newsom, CNN’s Larry King, LaBianca Organizations: CNN, California Department of Corrections, Rehabilitation, California Gov, California Supreme, Gov Locations: California, Los Angeles, Van Houten, United States

☆ Former Manson Family Member Leslie Van Houten Is Released on Parole
▼ + stars: | 2023-07-11 | by ( Derrick Bryson Taylor | More About Derrick Bryson Taylor | ) www.nytimes.com time to read: 1 min

Leslie Van Houten, a former Charles Manson follower who played a role in the gruesome double murder of a Los Angeles couple in the summer of 1969, was released on parole on Tuesday after serving more than half a century in prison, according to her lawyer. Ms. Van Houten’s lawyer, Nancy Tetreault, said she was taken early Tuesday morning to transitional housing at an undisclosed location. “She’s going to have to learn to live in the world after 53 years in prison,” Ms. Tetreault said in an interview. “So that’s going to take some time.”The California Department of Corrections and Rehabilitation confirmed her release to The Associated Press. Mr. Newsom had reversed Ms. Van Houten’s parole grant three times since taking office, most recently in March 2022.

Persons: Leslie Van Houten, Charles Manson, Van Houten’s, Nancy Tetreault, “ She’s, ” Ms, Tetreault, Gavin Newsom, Newsom Organizations: Los, California Department of Corrections, Rehabilitation, Associated Press, California Gov Locations: Los Angeles

[1/2] Leslie Van Houten listens during her parole hearing in Corona, California, June 28, 2002. In May a California appeals court overruled Newsom and found Van Houten, 73, was entitled to parole from her life sentence. The governor could have appealed the decision to the California Supreme Court. Van Houten was 19 when the murders were committed, making her the youngest of Manson's devotees. Van Houten was convicted of fatally stabbing grocery owner Leno LaBianca and his wife, Rosemary, in their Los Angeles home on Aug. 10, 1969.

Persons: Leslie Van Houten, Van Houten, sprees, Read, Gavin Newsom, Charles Manson's, Newsom, Erin Mellon, Van Houten's, Nancy Tetreault, Jerry Brown, Manson, Sharon Tate, Leno LaBianca, Rosemary, Tate, Roman Polanski, Abigail Folger, hairstylist Jay Sebring, Daniel Trotta, Kim Coghill Organizations: California Supreme, NBC News, Thomson Locations: Corona , California, California, Los Angeles, Angeles, Europe, Carlsbad , California

Washington, DC CNN —New home sales surged in May, as buyers looked to new construction as an alternative to the low inventory of existing homes for sale. Homeowners with ultra-low mortgage rates are reluctant to sell and buy another home at a much higher rate. Sales of existing homes have been down for the past few months, while new home sales have been rising. Mortgage rates reached as high as 6.79% at the end of May as uncertainty moved through the financial industry due to the debt ceiling standoff. This increase in mortgage rates cooled mortgage applications.

Persons: “, ”, Nancy Vanden Houten, Ryan Sweet, Eugenio Aleman, Raymond James, ” Aleman Organizations: DC CNN, US Department of Housing, Urban Development, Census Bureau, Oxford Economics, Federal Reserve Locations: Washington, Northeast, South, West

☆ CPI in May: US inflation cooled significantly — but it's still not where the Fed wants it
▼ + stars: | 2023-06-13 | by ( Alicia Wallace | ) edition.cnn.com time to read: +8 min

The Consumer Price Index, a key inflation gauge that measures price changes for a basket of goods and services, increased 4% for the year ending in May. That represents a sharp pullback from April’s 4.9% and is slightly below economists’ expectations for a 4.1% gain, according to Refinitiv. It’s the 11th consecutive month that inflation has slowed, and it’s a welcome reprieve from the painful shock of persistently high inflation endured during the past two years. The Fed would like to see inflation (as measured by the core Personal Consumption Expenditures index) settle in at 2%. Markets are currently pricing in a 95.3% probability that the Fed pauses on Wednesday, according to CME FedWatch.

Persons: It’s, “, Nancy Vanden Houten, it’s, Chris Zaccarelli, “ They’ve, ”, Scott Olson, Vanden Houten, There’s, Kurt Rankin, ” Rankin Organizations: Minneapolis CNN, Bureau of Labor Statistics, Oxford Economics, CNN, Federal Reserve, Independent, CPI, Fed, FedWatch, Walmart, Federal Reserve Bank, Richmond, Hospitality, PNC Financial Services, PNC, United Locations: Minneapolis, Chicago , Illinois, United States

☆ Slower US job, wage gains expected in May
▼ + stars: | 2023-06-02 | by ( Lucia Mutikani | ) www.reuters.com time to read: +5 min

Nevertheless, the Labor Department's closely watched employment report on Friday is expected to still show the labor market remaining tight. PROGRESS ON INFLATIONBut the overall labor market remains upbeat, with first time applications for state unemployment benefits hovering at very low levels. Slowing wage inflation is corroborated by other measures like the Atlanta Fed's wage tracker, which has come off its peaks. Financial markets see a nearly 70% chance of the Fed keeping its policy rate unchanged at its June 13-14 meeting, according to CME Group's FedWatch Tool. The Labor Department's Bureau of Labor Statistics, which compiles the employment report, did not record the work stoppage in its May strike report.

Persons: Bill Adams, Brian Bethune, Nancy Vanden Houten, Lucia Mutikani, Chizu Organizations: Federal Reserve, Labor, Comerica Bank, Data, Labor Department, Atlanta, Boston College, Fed, Writers Guild of America, Labor Department's Bureau of Labor Statistics, Oxford Economics, Thomson Locations: y WASHINGTON, Dallas, New York

☆ US weekly jobless claims rise slightly; labor market defies recession fears
▼ + stars: | 2023-06-01 | by ( Lucia Mutikani | ) www.reuters.com time to read: +6 min

"Labor market conditions are still tight," said Nancy Vanden Houten, lead U.S. economist at Oxford Economics in New York. "While we expect the Fed to leave rates steady at its upcoming meeting, a more sustained loosening of labor market conditions is needed to keep rate hikes permanently off the table." Unadjusted claims increased by 5,296 to 207,941 last week, with notable rises in New York, Ohio and Illinois. While the labor market continues to surprise with strength, manufacturing is in a downward spiral. The Fed's "Beige Book" report on Wednesday described the labor market as having "continued to be strong" in May, but noted that "many contacts" were "fully staffed."

Persons: Nancy Vanden Houten, Unadjusted, nonfarm payrolls, payrolls, Christopher Rupkey, Lucia Mutikani, Chizu Nomiyama, Paul Simao Organizations: PMI, Federal Reserve, Fed, Labor, Oxford Economics, Labor Department, Reuters, Institute for Supply Management, Treasury, U.S, Thomson Locations: May WASHINGTON, U.S, New York, New York , Ohio, Illinois, Massachusetts

But in granting her petition, the appellate judges wrote that Newsom's conclusion "fails to account for the decades of therapy, self-help programming, and reflection Van Houten has undergone in the past 50 years." It marks the first time a court has overruled a governor's denial of parole to a Manson follower, according to the Los Angeles Times. Van Houten was convicted of fatally stabbing grocery owner Leno LaBianca and his wife, Rosemary, in their Los Angeles home on Aug. 10, 1969. Van Houten's 1971 original conviction and death sentence were initially overturned on appeal, but she was retried, convicted and sentenced to prison in 1978. Reporting and writing by Steve Gorman in Los Angeles; Additional reporting by Daniel Trotta in Carlsbad, California; Editing by Leslie AdlerOur Standards: The Thomson Reuters Trust Principles.

Persons: Gavin Newsom, Leslie Van Houten, Charles Manson's, Van Houten, Newsom, Jerry Brown, Van Houten's, Van, Manson, Sharon Tate, Leno LaBianca, Rosemary, Tate, Roman Polanski, Abigail Folger, hairstylist Jay Sebring, Gary Hinman, Donald, Shorty, Shea, Steve Gorman, Daniel Trotta, Leslie Adler Organizations: ANGELES, Court, California Supreme, Los Angeles Times, Thomson Locations: California, Los Angeles, Angeles, Europe, Carlsbad , California

☆ Opinion | The Housing Market Has Cooled, But It’s Not Frozen
▼ + stars: | 2023-04-26 | by ( Peter Coy | ) www.nytimes.com time to read: +1 min

With fewer people selling, some people who might have bought an existing home from a homeowner are instead buying a new home from a builder. Sales of new single-family homes rose in March, the Census Bureau reported on Tuesday. Given those changes, “unless you’re a person who needs to make a move, there’s little incentive” to move now, Vanden Houten told me. Of course, some people still are putting their homes on the market, and Vanden Houten herself was recently one of them. “A lot of people have earned a substantial amount of housing equity,” Lautz said.

On that unredacted form, Kacsmaryk reported owning about $2.9 million in stock in the Florida-based supermarket company Publix. Federal judges are only required to report financial holdings in ranges, and don’t have to provide exact figures. One possible source of the Publix stock Kacsmaryk reported in 2017 is the judge’s grandmother. In 2020 and 2021, less than 4% of officials required to file judicial financial disclosures requested redaction, according to reports from the Administrative Office of the US Courts. In any case, experts said, the judge’s redacted report prevents transparency that litigants deserve.

☆ ‘We’re at a tipping point:’ What to expect from the jobs report
▼ + stars: | 2023-04-07 | by ( Alicia Wallace | ) edition.cnn.com time to read: +9 min

Minneapolis CNN —The US labor market has kept trucking right along even as other areas of the economy have slowed. ET Friday when the Bureau of Labor Statistics drops the heavily anticipated jobs report for March. On Wednesday, the latest private-sector jobs report from payroll processor ADP came in at 145,000 for March, landing below expectations. There still remains uncertainty about the extent to which those and other layoffs may ripple through the broader labor market. The Bureau of Labor Statistics is set to release its March jobs report at 8:30 a.m.

☆ ‘We’re at a tipping point:’ What to expect from the jobs report on Friday
▼ + stars: | 2023-04-06 | by ( Alicia Wallace | ) edition.cnn.com time to read: +9 min

Minneapolis CNN —The US labor market has kept trucking right along even as other areas of the economy have slowed. Just how much of a shift there is could become even clearer on Friday when the Bureau of Labor Statistics drops the heavily anticipated jobs report for March. On Wednesday, the latest private-sector jobs report from payroll processor ADP came in at 145,000 for March, landing below expectations. There still remains uncertainty about the extent to which those and other layoffs may ripple through the broader labor market. The Bureau of Labor Statistics is expected to release its March jobs report on Friday at 8:30 a.m.

☆ U.S. retail sales fall after hefty gains; labor market still tight
▼ + stars: | 2022-12-15 | by ( Lucia Mutikani | ) www.reuters.com time to read: +7 min

Economists also noted that goods prices tumbled in November, which could have weighed on retail sales last month. Retail sales fell 0.6% last month, the biggest drop since December 2021, after an unrevised 1.3% jump in October. Online retail sales decreased 0.9%, which was at odds with reports of strong Black Friday sales. Sales at food services and drinking places, the only services category in the retail sales report, increased 0.9%. Data for October was revised lower to show these so-called core retail sales increasing 0.5% instead of 0.7% as previously reported.

☆ 'Dangerous Liaisons' review: A Starz series version ratchets up the sexual politics while dragging out the story
▼ + stars: | 2022-11-06 | by ( Review Brian Lowry | ) edition.cnn.com time to read: +3 min

CNN —For an 18th-century French novel, “Les Liaisons Dangereuses” certainly got around, inspiring a play, the movies “Dangerous Liaisons” and “Valmont” in 1988 and ’89, respectively, and the twisted teen variant “Cruel Intentions.” Now comes a Starz series prequel, “Dangerous Liaisons,” which ratchets up the sex while dragging out (and out and out) the story. That cast includes “Phantom Thread’s” Lesley Manville and “Game of Thrones” alumni Carice Van Houten, Michael McElhatton and Tom Wlaschiha. Handsomely mounted, it’s nevertheless easy to dismiss “Dangerous Liaisons” (especially for those who lack a prior investment in the property) as being a somewhat edgier version of “Bridgerton” or less-comedic spin on “The Great,” both shows that scratch similar itches. In a vote of confidence, the network has already renewed “Dangerous Liaisons” for a second season in advance of its premiere, so those hoping for the finality that a limited series might have provided, be forewarned. “Dangerous Liaisons” premieres November 6 at 8 p.m.

☆ U.S. economy rebounds in Q3 on boost from trade, but demand stalling
▼ + stars: | 2022-10-27 | by ( Lucia Mutikani | ) www.reuters.com time to read: +7 min

While overall inflation slowed substantially from the second quarter, underlying price pressures continued to bubble. Gross domestic product increased at a 2.6% annualized rate last quarter after contracting at a 0.6% pace in the second quarter. That was the slowest rise in this measure of domestic demand since the second quarter of 2020 and followed a 0.5% rate of increase in the second quarter. A broader measure of inflation in the economy rose at a 4.6% rate, decelerating from a 8.5% pace of increase in the second quarter. Business inventories increased at a rate of $61.9 billion after rising at a pace of $110.2 billion in the second quarter.

☆ Inflation worries hurt U.S. consumer confidence; house prices decelerating
▼ + stars: | 2022-10-25 | by ( Lucia Mutikani | ) www.reuters.com time to read: +6 min

The Conference Board's consumer confidence index fell to 102.5 this month from 107.8 in September. Consumers were also more inclined to buy a house, probably encouraged by a sharp slowdown in house price inflation. On a monthly basis, prices fell 0.9% in August, the second straight monthly drop. Prices fell 0.7% on a monthly basis after decreasing 0.6% in July. It was the first time since March 2011 that monthly prices posted back-to-back declines.

☆ U.S. existing home sales slide again in September; jobless claims fall
▼ + stars: | 2022-10-20 | by ( Dan Burns | ) www.reuters.com time to read: +6 min

SELLERS' MARKET NO MOREExisting home sales fell 1.5% to a seasonally adjusted annual rate of 4.71 million units last month, the NAR said. Outside of the short-lived plunge during the spring of 2020, when the economy was reeling from the first wave of COVID-19, this was the lowest sales level since September 2012. Economists polled by Reuters had forecast sales would decrease to a rate of 4.70 million units. As a result, he expects the sales rate to decline further in the months ahead, perhaps to as low as 4.5 million annually, which would be roughly 4% to 5% lower than the current sales pace. "We don't look for claims to fall much below current levels, but we don't look for a significant rise in claims or unemployment either until we enter a recession in 2023."

☆ Philips shares slump on profit warning and sleep apnea device writedown
▼ + stars: | 2022-10-12 | by ( Bart H. Meijer | ) www.reuters.com time to read: +3 min

Shares were down 9% at 0750 GMT at 14.13 euros, hitting their lowest level since June 2012. In its second profit warning of the year, Philips said third-quarter core profit would drop around 60%, as ongoing supply chain problems had pushed down comparable sales by around 5%. This was expected to have limited adjusted earnings before interest, taxes and amortisation (EBITA) to 210 million euros in the third quarter, down from 512 million euros a year before. RECALL HITS SLEEP BUSINESSPhilips last year shocked investors by recalling 5.5 million ventilators used to treat sleep apnoea, over worries that foam used in the machines could become toxic. "Details of the consent decree have not been fully negotiated at this time," Van Houten said in a call with analysts.

☆ (foto) Cum arătau starurile Game of Thrones când erau tinere: Hound, Daenerys sau Tyrion
▼ + stars: | 2015-08-07 | by ( Onixmedia Srl | ) diez.md time to read: +1 min

Cu toții am reușit să-i îndrăgim pe actorii din serialul Game of Thrones, așa cum sunt ei acum, dar puțini știu cum arătau aceștia când erau mai tineri. Astfel, echipa #diez a identificat o serie de poze cu aceștia. Peter Dinklage – Tyrion Lannister#12. Gwendoline Christie – Brienne of Tarth#18. Carice van Houten – Melisandre

Persons: echipa, diez, Lena Headey –, Natalie Dormer – Margaery Tyrell, Sean Bean, Ned ” Stark, Iwan Rheon – Ramsay Snow, Richard Madden, Rob Stark, Sophie Turner – Sansa Stark, Iain Glen – Ser Jorah Marmont, Kit Harington – Jon Snow, Stephen Dillane –, Alfie Allen – Theo Greyjoy, Peter Dinklage –, Charles Dance, Maisie Williams, Arya Stark, Aidan Gillen – Peter Baelish, Isaac Hempstead Wright, Bran Stark, Gwendoline Christie – Brienne, Michelle Fairley – Catelyn Stark, Emilia Clarke –, Diana Rigg – Olenna Tyrell, Kristian Nairn –, Rory McCann – Hound, Jacob Anderson –, Jack Gleeson – Joffrey, Nikolaj Coster, Wadlau, Jaime Lannister, Nathalie Emmanuel –, Carice van Houten Organizations: Varys, Kristian Nairn – Hodor, Jack Gleeson – Joffrey Lannister, Nathalie Emmanuel – Missandei Locations: Tarth

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