Author: admin

Compass co-founder and CEO Robert Reffkin unpacks January existing home sales on ‘The Claman Countdown.’ Contracts to buy previously owned homes fell to a record low in January as prospective buyers were constrained by higher mortgage rates and house prices. The National Association of Realtors (NAR) said on Thursday that its Pending Home Sales Index, which is based on signed contracts, declined by 4.6% last month to 70.6, an all-time low.Economists polled by Reuters had forecast contracts, which become sales after a month or two, falling by 1.3% in January. Pending home sales were down 5.2% from a year ago.…

Americans are flocking once again to Minneapolis, Minnesota, with the Twin Cities seeing a rebound in visitors. Many local hotels are pushing to create a tourism improvement district (TID) which would implement a hotel tax in order to fund different tourism initiatives. TAX ON TOURISTS AND TRAVELERS COMING SOON TO THIS POPULAR CITYLast summer, Minneapolis had a “record-breaking” number of hotel guests bringing in $131 million, which is 8% more revenue seen than in the summer of 2019, according to Meet Minneapolis, the city’s convention and visitor’s bureau. Hotels in Minneapolis, Minnesota are looking to implement a booking tax in order to…

Century 21 Real Estate CEO Mike Miedler discusses the impact of mortgage rates on the housing market, arguing affordability is still the biggest issue. Mortgage rates fell for a sixth consecutive week to the lowest level in more than two months, mortgage buyer Freddie Mac said Thursday. Freddie Mac’s latest Primary Mortgage Market Survey, released Thursday, showed that the average rate on the benchmark 30-year fixed mortgage decreased to 6.76% from last week’s reading of 6.85%. The average rate on a 30-year loan was 6.94% a year ago.”The drop in mortgage rates, combined with modestly improving inventory, is an encouraging…

Rep. Eric Swalwell, D-Calif., claimed earlier this month that “no president” has presided over more plane crashes during his first month in office than President Donald Trump. But data obtained by Fox News Digital shows there were more plane crashes during that same time period under President Joe Biden. “No president has had more planes crash in their first month in office than Donald Trump,” Swalwell posted Feb. 17 on X, a comment viewed over 7 million times on X. Department of Transportation data provided by a senior administration official contradicts that data and shows more plane crashes during the first few weeks of…

GuideStone Funds President Brandon Pizzurro says the company has ‘great prospects’ on ‘The Claman Countdown.’ Eli Lilly is investing an additional $27 billion to boost domestic drug production as President Donald Trump reaffirms his commitment to imposing tariffs to restore manufacturing in the U.S. The latest investment, announced Wednesday during a press conference in Washington, D.C., brings the company’s total U.S. manufacturing investment to more than $50 billion since 2020. The company’s previous total domestic investment from 2020 to 2024 totaled $23 billion.The company said it plans to build four new pharmaceutical manufacturing sites, three of which will focus on…

Former White House deputy chief of staff Karl Rove reacts to Tulsi Gabbard being confirmed as the Director of National Intelligence on ‘Varney & Co.’ The U.S. economy grew at a rate of 2.3% in the fourth quarter, in line with the prior reading and economists’ expectations. The Commerce Department’s Bureau of Economic Analysis (BEA) on Thursday released its first revision of the estimate for fourth quarter gross domestic product (GDP), which found the U.S. economy grew at an annual rate of 2.3% in the fourth quarter, which runs from October through December.Economists surveyed by LSEG had expected the economy…

Join Fox News for access to this content Plus special access to select articles and other premium content with your account – free of charge. By entering your email and pushing continue, you are agreeing to Fox News’ Terms of Use and Privacy Policy, which includes our Notice of Financial Incentive. Please enter a valid email address. Having trouble? Click here. Phil Vassar is embracing every moment after he was given a second chance at life. The country star detailed his miraculous recovery after he “dropped dead” twice, suffering a heart attack and stroke, while on tour.Vassar, 62, told Fox News…

The Make America Healthy Again (MAHA) movement has taken off ever since HHS Secretary Robert F. Kennedy Jr.’s first pitch for a healthier America.MAHA aims to improve nutrition, eliminate toxins, preserve natural habitats and fight the chronic disease epidemic in this country, according to its website.Since the slogan’s introduction in July 2024, many people — everyone from President Donald Trump to social media influencers nationwide — have embraced the widespread effort to improve public health.EVERYTHING TO KNOW ABOUT MAHALara Trump, daughter-in-law of President Trump and host of the new program “My View with Lara Trump” on Fox News, said the…

Two men have been charged with the murder of Brianna Long, more than a year after the 21-year-old Georgia college student was killed while at work.She was hit by a stray bullet as she worked as a bartender at The Pier Bar near Valdosta State University (VSU), where she was a student, on October 29, 2023. A co-worker at the bar was also hit by a bullet and later recovered from his injuries.On Tuesday, the Georgia Bureau of Investigation (GBI) charged Tsion Clayton, 23, and Kimone Green, 21, with one count of malice murder in connection to Long’s death. Both men…

Pat LaFrieda Meat Purveyors CEO Pat LaFrieda joins ‘The Big Money Show’ to break down his company’s strategy for maintaining profits as meat prices continue to rise in 2024.  It’s not just eggs getting expensive. Beef prices have also been on the rise, with executives at various companies noting in recent earnings calls that it’s creating significant challenges. In January, prices for beef and veal rose 5.5%, outpacing the entire food-at-home category, which rose 1.9%, according to the Labor Department’s Consumer Price Index. Courtney Schmidt, Sector Manager at Wells Fargo Agri-Food Institute, told FOX Business the uptick in beef prices is…