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Monthly Archives: July 2021

Nearly half of Americans selling their homes don’t plan to buy another: Here’s what they’re doing instead

[Acorns, Twenty/20] It is not surprising sellers are opting to rent, due to the all-time high housing prices. The housing market is red-hot and showing few signs of slowing down. Home prices were at a median $386,888 in June, according to Redfin, up 24% since last June. And demand is high: The average house lasted just 14 days […]

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Lollapalooza a ‘Recipe for Disaster,’ Doctors Say, Warning of COVID Spike After Festival

[NBC Chicago] Chicago’s top doctor has said there will “almost certainly” be some COVID cases associated with the four-day music festival While Chicago officials remain hopeful Lollapalooza won’t spur a significant rise in COVID-19 cases, infectious disease experts at Northwestern University are bracing for a jump in infections during the coming weeks. ““It’s a recipe for disaster,” […]

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Tsunami warning in effect for parts of the Alaskan coast after an 8.2 earthquake

[CNN] Parts of Alaska are under tsunami warnings after an 8.2 magnitude earthquake struck off the coast, according to preliminary data from the US Geological Survey. The very strong quake was located about 56 miles (91 kilometers) east southeast of Perryville, Alaska, and occurred around 10:15 p.m. Wednesday night local time, USGS said. At 29 miles […]

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National Chicken Wing Day: Buffalo Wild Wings, 7-Eleven, Hooters, Thighstop have free wings or deals Thursday

[USA TODAY, Getty Images] Not even the ongoing chicken shortage can stop restaurants from marking the week of chicken deals. The poultry party kicks off Tuesday with National Chicken Tender Day, which is followed Thursday by National Chicken Wing Day. Popeyes rolled out its new chicken nuggets nationwide Tuesday. The New Orleans-style chain already had tenders on its menu, but says […]

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Stocks making the biggest moves after hours: PayPal, Facebook, Ford and more

[CNBC, Getty Images] Facebook — Shares of the social media giant fell more than 3% after warning of significant growth slowdown as it reported quarterly earnings. Facebook surpassed analysts’ estimates for earnings and revenue, and reported its fastest revenue growth, 56%, since 2016. PayPal — PayPal’s stock tumbled over 7% after hours following a miss on its second-quarter […]

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Robinhood starts trading this week. Many Reddit investors aren’t interested

[CNBC, Getty Images] Robinhood’s initial public offering (IPO) is scheduled for Thursday, and the investing app is betting big on its users by letting them buy up to a third of its shares before it begins trading on the Nasdaq. But on forums including Reddit, Twitter and other social platforms, the individual investors and traders who would […]

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The wealthy and Wall Street ruined the housing market for everyone else. Millennials aren’t helping, either.

[Business Insider, Getty] Rich Americans, millennials, and Wall Street are keeping US home prices permanently higher.Demand is strong as the wealthy and investors scoop up homes at historically high prices.A wave of millennial demand can boost prices even higher, and builders aren’t rushing to step in.The housing market is stuck between a rock and a […]

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Olympic champ Biles withdraws from all-around competition

TOKYO (AP) — Simone Biles will not defend her Olympic title. The American gymnastics superstar withdrew from Thursday’s all-around competition to focus on her mental well-being. USA Gymnastics said in a statement on Wednesday that the 24-year-old is opting to not compete. The decision comes a day after Biles removed herself from the team final […]

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Turn off, turn on: Simple step can thwart top phone hackers

[The Associated Press, Getty Images] Almost always in arm’s reach, rarely turned off and holding huge stores of personal and sensitive data, cellphones have become top targets for hackers. As a member of the secretive Senate Intelligence Committee, Sen. Angus King has reason to worry about hackers. At a briefing by security staff this year, he said […]

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