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- Cyclospora outbreak waning, Mich. officials ease guidance on lettuce
The Michigan Department of Health and Human Services announced Thursday that Michiganders can "resume routine guidance" for lettuce and salad greens. [TheTopNews] Read More.2 hours ago - Union Representing IRS Workers Sues Over Trump’s Deal Granting Sweeping Tax Pr...
The request was the first time that anyone had used the courts in an effort to directly kill the sweeping tax protections offered to the president and his family. [TheTopNews] Read More.2 hours ago - Gareth Edwards Exits ‘Jurassic World Rebirth’ Sequel Over Creative Differenc...
“Jurassic World Rebirth” director Gareth Edwards is leaving the dinosaurs behind. The filmmaker was expected to return for Universal’s sequel to 2025’s “Jurassic World Rebirth,” which rebooted the sci-fi series and generated $870 million globally. However, Edwards has departed the project over creative differences, Variety has confirmed. Scarlett Johansson, Mahershala Ali and Jonathan Bailey led […] [TheTopNews] Read More.2 hours ago - Here’s the income needed to afford the typical American home
Housing affordability remains a concern for would-be homebuyers as the income needed to afford a typical U.S. home remains near historic highs and well above what most American households earn, though there are signs of improvement from a year ago.Home prices surged in 2022 and 2023 amid strong demand coming out of the pandemic, while mortgage rates also doubled due to interest rates rising to counteract the surge in inflation.A new report by Redfin found that the income needed to afford to buy the typical home on the market is $109,796 as of June – a decrease of 0.5% from the all-time high of $110,382 that was reached last year.A year ago, the typical American household's income was $26,125 below what was needed to afford a median-priced home at the time, while two years ago the gap was even larger at $28,834. Redfin attributed the narrowing gap to income growth outpacing the growth in housing costs in the last few years.While the income needed to afford a home has been declining since October 2025, those decreases have been relatively small and the income needed to afford a home is still $22,197 above the typical household income of $87,599.A TALE OF TWO HOUSING MARKETS: LUXURY DEMAND SURGES AS AFFORDABILITY SQUEEZES STARTER-HOME BUYERSCompared with last year, the median home sale price was up 2.2% in June, with mortgage rates down slightly into the mid-6% range, while the median household income was up 4% from a year ago."The earnings needed to buy a house have stabilized after several years of deterioration, but that doesn't mean homes are affordable to the average American," said Redfin senior economist Yingqi Xu."There's still a double-digit gap between what the typical household earns and what they need to comfortably buy a home, leaving many prospective first-time buyers stalled on the sidelines. But even if the market isn't becoming much more affordable, it is becoming a bit more manageable for house hunters," Xu explained.CASH-STRAPPED HOAS RAMP UP FORECLOSURES AGAINST DELINQUENT HOMEOWNERS: REPORTThe share of affordable listings on the housing market – which Redfin defines as a buyer's mortgage not consuming more than 30% of their income on their monthly housing payment – rose from 31% last year to 34% in June.However, the report notes there are still far fewer affordable home listings than there used to be, as prior to the 2022 surge in mortgage rates, over half of… [TheTopNews] Read More.2 hours ago - Scott Galloway’s Bad Idea To Make Young Men Happier
You have probably heard of Scott Galloway, a clinical professor of marketing at New York University. At some point over the course of the last several years, this academic and author became the mainstream media's favorite all-purpose podcaster. As is the case with his similarly minded colleague, the smartphone fatalist Jonathan Haidt, a certain amount of trendy moral panicking comes with the territory; thus Galloway has built an impressive career offering bland (though often inoffensive) wisdom and also terrible policy advice, particularly with respect to tech addiction and the plight of young men. He hosts a tech-phobic YouTube show with the equally paranoia-stricken Kara Swisher and also a politics-focused program called Raging Moderates with liberal Fox News icon Jessica Tarlov, an incredibly talented commentator who is neither raging nor moderate. If that wasn't enough, he has his own YouTube show, too—and he makes frequent appearances on other people's shows, like The View and Real Time with Bill Maher. In his most recent Maher segment, he railed against Big Tech's contributions to gambling addiction among young men. I'm hardly one to criticize a guy for spending too much time talking on the internet! But he hits the same notes over and over again: Big Tech is bad; screens are addictive; young men lack purpose, and it's all the fault of the billionaires. Here was Galloway in conversation with The New York Times' Ross Douthat earlier this week: "And I started doing some research on it, and I found a lot of data about the challenges facing young men—in this instance, the unrelenting foe of Big Tech, which every day is trying to figure out a million times a second a way to get you on a screen one more second, and the young, immature prefrontal cortices of men are especially vulnerable. "Look, the biggest challenge facing my kids is addiction from godlike technology that's tested a billion times a day, that has connected shareholder value to sequestering you from the key relationships in your life." It's true that tech is associated with some negative consequences for some people under some circumstances. There are young men who spend too much time on their phones—although teen girls are worse affected by this than men—and there are young men who fall prey to sports betting and gamble away their parents' life savings. There are also many people of all ages who use their phones to connect with… [TheTopNews] Read More.2 hours ago - Savers Value Village thrift store launches new AI tool to price items
Savers Value Village is launching a new AI pricing tool to keep product prices consistent and low, the company told CNBC exclusively. [TheTopNews] Read More.2 hours ago
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