Single-family homes are seeing a significant drop in price, depending on where you look. The National Association of Realtors claims some of the most expensive cities to buy a home are now seeing a substantial drop in price, including cities in California. Homes in San Francisco are seeing an average price of one-point-two-three million dollars, which is actually down over six percent from last year. San Jose, Los Angeles, and Boulder also saw decreases.
MORMON CHURCH FINED
The Church of Jesus Christ of Latter-Day Saints must pay the SEC $5 million dollars in a regulatory settlement. The SEC accused Ensign Peak Advisors and the Mormon Church of misleading the public by not disclosing a major investment fund it had in place. That fund is valued at around $32 billion dollars. The church released a statement after the settlement saying "we affirm our commitment to comply with the law, and now consider this matter closed."
‘Taco’ chance on the markets’ volatility, this is nacho average opportunity! Plus: Southwest, Boeing, Disney, Nvidia, Stellantis, McDonalds, Warner Brother
The Court of Appeals for the Federal Circuit on Thursday allowed the president to temporarily continue collecting the tariffs under the emergency powers law while he appeals the trade court’s decision.
Macy’s sales and profit slipped in its first quarter and the department store, citing more cautious customers and the impact that a trade war launched by the U.S., trimmed its profit forecast for 2025.