Home sales fell in April despite a big drop in mortgage rates

Sales of existing U.S. homes fell 0.4% in April compared with March to a seasonally adjusted annualized rate of 5.19 million units, according to the National Association of Realtors. Sales were 4.4% lower compared with April 2018.
Economy

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Report: R. Kelly’s Daughter Had To Drop Out Of School When He Didn’t Pay Her Tuition

R. Kelly’s daughter, Buku Abi, was reportedly forced to drop out of college after her father stopped paying the tuition, TMZ reports.

Buku, born Joann Lee, reportedly attended an art school in California. She was unable to enroll in courses after being informed about the unpaid bills. Buku claims this was one of the first steps Kelly made in cutting her off financially. He also allegedly stopped paying the rent for her college apartment and school books.

RELATED: R. Kelly Pays Back Child Support, Avoids Jail

RELATED: Andrea Kelly Talks Healing After R. Kelly

Kelly claims he stopped paying her school fees because he thought she dropped out. His crisis manager, Darrell Johnson, said the R&B star was willing to pay, but never received the proper documentation to prove his daughter was still enrolled at the college, Complex reports. According to his child support agreement with ex-wife Andrea Kelly, the singer must pay his children’s college expenses until they turn 23.

 

 

Johnson said Kelly is willing to fulfill his legal obligations once he receives proof that the money is being used for her schooling.

Meanwhile, Kelly just paid $ 62,000 of his back support in order to avoid jail time. He still owes his ex more than $ 20,000.

Buku has been very vocal about the strained relationship with her father in the wake of Lifetime’s “Surviving R. Kelly” docuseries. She previously called him a “monster” in a lengthy post on social media back in January.

“I just want you all to understand that devastated is an understatement for all that I feel currently,” she wrote. “I do apologize if my silence to all that is happening comes off as careless. That is my Last intention. I pray for all the families & women who have been affected by my father’s action. Trust, I have been deeply affected by all of this. It has been very difficult to process it all. Let alone gather all the right words to express everything I feel.”

Buku also confirmed that neither she nor her siblings or mother have spoken or had any interaction with R. Kelly in years.

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US core capital goods, durable goods orders drop in February

New orders for key U.S.-made capital goods unexpectedly fell in February and shipments were unchanged, but data for January was revised slightly higher.
Economy

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Top prosecutor defends office’s decision to drop Jussie Smollett’s charges

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http://www.acrx.org -As millions of Americans strive to deal with the economic downturn,loss of jobs,foreclosures,high cost of gas,and the rising cost of prescription drug cost. Charles Myrick ,the President of American Consultants Rx, announced the re-release of the American Consultants Rx community service project which consist of millions of free discount prescription cards being donated to thousands of not for profits,hospitals,schools,churches,etc. in an effort to assist the uninsured,under insured,and seniors deal with the high cost of prescription drugs.-American Consultants Rx -Pharmacy Discount Network News

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Iyanla Rejects Rita’s Excuses: “When A Child Calls, You Drop Everything” | Iyanla: Fix My Life | OWN

OWN

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http://www.acrx.org -As millions of Americans strive to deal with the economic downturn,loss of jobs,foreclosures,high cost of gas,and the rising cost of prescription drug cost. Charles Myrick ,the President of American Consultants Rx, announced the re-release of the American Consultants Rx community service project which consist of millions of free discount prescription cards being donated to thousands of not for profits,hospitals,schools,churches,etc. in an effort to assist the uninsured,under insured,and seniors deal with the high cost of prescription drugs.-American Consultants Rx -Pharmacy Discount Network News

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Ex-Fed’s Dudley: Wall Street should stop blaming the central bank every time stocks drop

Dudley, who retired from the Fed in June 2018, said the central bank's actions have become a "convenient whipping boy."
Economy

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Jimmy Fallon made Steph Curry drop weird phrases into NBA All-Star interviews

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Did Steph Curry’s interviews over the 2019 NBA All-Star weekend seem full of weird turns of phrase to you? It’s all Jimmy Fallon’s fault.

For a segment subbed “Drop It In,” The Tonight Show host had the basketball star slip strange words into his post-game chats, and Curry managed to weave them all in multiple times without breaking a sweat.

The phrases you’re looking for are “Energizer bunny,” “flipping pancakes” and “wham, bam, can of ham,” the latter of which we intend to weave into all conversations from now on. Read more…

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December pending home sales drop to lowest point in five years, despite much lower interest rates

House hunters signed 2.2 percent fewer contracts to buy existing homes in December, according to the National Association of Realtors. These so-called pending sales are a future indicator of closings in one to two months.
Real Estate

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Polar Vortex Set to Drop Arctic-Cold Temperatures on Chicago, Minneapolis

The polar vortex that’s sending a blast of extreme arctic cold air down to the Midwest this week is likely to leave Chicago residents feeling like they living in some of the coldest places on Earth, including the South Pole and Mt. Everest.

According to the National Weather Service, the temperature in Chicago is forecast to fall to negative 24 degrees Tuesday night and 26 degrees below zero on Wednesday night. The wind chill could make the Windy City feel as cold as 51 degrees below zero.

The forecast low temperature will probably break the record for lowest temperature ever recorded in Chicago: minus 27 degrees reached on Jan. 20, 1985.

Other cities in the Midwest will be even colder. Weather.com says that Minneapolis, MN, will see a low of minus 31 Thursday morning, while International Falls, MN, will reach as low as minus 37.

The Midwest’s temperatures are forecast to be colder than the base camp of Mt. Everest, which according to CBS Chicago will be around 30 degrees (although temperatures at higher elevations could be much colder).

Chicago’s high will also be below that of points in the Arctic Circle. Utqiagvik, Alaska (formerly known as Barrow), the northernmost point in the U.S., will reach 7 below zero, according to CBS, while Zackenberg Station, Greenland, will be, compared to Chicago, a relatively balmy 11 below zero.

 

 

Fortune

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http://www.acrx.org -As millions of Americans strive to deal with the economic downturn,loss of jobs,foreclosures,high cost of gas,and the rising cost of prescription drug cost. Charles Myrick ,the President of American Consultants Rx, announced the re-release of the American Consultants Rx community service project which consist of millions of free discount prescription cards being donated to thousands of not for profits,hospitals,schools,churches,etc. in an effort to assist the uninsured,under insured,and seniors deal with the high cost of prescription drugs.-American Consultants Rx -Pharmacy Discount Network News

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Union LA’s Latest Drop Is a Juxtaposition of Worlds

Union LA‘s latest drop shows a deep mix of many cultures and interests. Taking two art forms, music and film, graphics were created using the literal meanings behind the names of movies and musical acts. With Chris Gibbs‘ fascination with juxtaposing contrasting worlds, a collection of T-shirts, totes, sweats, and hoodies is born.

In the February drop, we see a bootleg Staff tee that shows the two locations of Union’s retail stores, a Radiohead shirt that plays on the word “head” in street culture (sneakerhead, metal-head, rap-head…etc), an ATLliens Outkast/Alien-movie tote, and also a very special shirt that imagines what Malcolm X’s tour merch for Africa would have looked like. It should also be noted that the lookbook was photographed during the Martin Luther King Parade in Leimert Park.

Take a look at the offerings above for Union LA’s February drop lookbook. Those looking to purchase any of the items can find them over at Union’s web store.

In other fashion news, Bode crafts covetable handmade SS19 layering pieces for Browns.

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Israeli museum to drop ‘McJesus’ sculpture after protests

An Israeli museum plans to withdraw a sculpture depicting the McDonald’s mascot as the crucified Jesus following protests which briefly united the country’s Christian minority, its populist culture minister and the pro-Palestinian artist.


Reuters: Arts

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Peter Dundas Goes Long With D7 Eveningwear Drop

LOS ANGELES — “It’s so funny to see winter coats in L.A.,” mused Peter Dundas as rain fell hours before the Art of Elysium’s Heaven Gala.
“I’ve never seen it before,” he went on to say. “It’s so funny.”
The designer was in the midst of last-minute fittings, stopping to chat with people and checking on the stage ahead of the presentation of his Dundas label’s D7 collection. Models walked down the runway during a presentation Saturday evening as part of the Art of Elysium’s Heaven Gala, held in Koreatown amid a busy evening throughout L.A. in the run-up to Sunday’s Golden Globe Awards.
“It’s such an amazing experience putting a show together here,” Dundas said as he walked from the main gala area to the back of the house, where the pieces were still being unpacked. “When I see brands doing shows in different countries, I think that’s an undertaking with the staff and all that. We’re still in the initial part of the story of our house, but here we are. We’re doing it.”
The Norwegian designer, whose résumé has included time at Roberto Cavalli, Emilio Pucci and Emanuel Ungaro, now oversees his namesake label, which he’s molding to reflect broader changes

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Major Averages Close Higher After Recovering From Initial Drop – U.S. Commentary

After recovering from an initial move to the downside, stocks fluctuated over the course of the first trading day of 2019 on Wednesday. The major averages spent the afternoon bouncing back and forth across the unchanged line.
RTT – Top Story

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US military deletes tacky New Year’s Eve tweet about being ‘ready to drop’ a bomb

US military bomb tweet

It’s so easy to party to excess at the end of the year — to get caught up in the year-end revelry and the excitement of turning a page on the calendar. Some people get so caught up in the fun they go out and get hammered. Others gather in Times Square to watch the ball drop while they try not to freeze to death. Meanwhile, the arm of the US military that oversees the nation’s nuclear weapons arsenal decided to get in on the fun in its own way — by sending out a humorous tweet about how big its bombs are. A tweet that, okay, wasn’t actually funny at all. It has since been deleted and the military has also taken the extra step of apologizing for it.

Welcome to 2019.

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  1. OMG, there’s an Instant Pot with a built-in sous vide cooker
  2. Amazon has a surprise New Year’s Day sale on Philips Hue with better prices than Black Friday

Trending Right Now:

  1. Netflix will release 38 new original movies and series in January – here’s the complete list
  2. ‘Avengers: Endgame’ might introduce a brand new Marvel hero
  3. Marvel just confirmed a wild fan theory about a character who died in ‘Infinity War’

US military deletes tacky New Year’s Eve tweet about being ‘ready to drop’ a bomb originally appeared on BGR.com on Tue, 1 Jan 2019 at 23:07:06 EDT. Please see our terms for use of feeds.


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Off-White™ x Nike Air Max 90 “Black” Rumored to Drop Next Month

After receiving a few teasers and on-foot looks at the pending Off-White™ x Nike Air Max 90 in “Black,” it has now been revealed the highly-anticipated collaborative pair will release in January 2019.

Continuing with their collaborative efforts, Virgil Abloh and his Off-White™ brainchild have utilized Nike‘s coveted Air Max 90 model for the latest instalment. Dressed in a mostly black colorway, contrasting white comes in on the Swoosh branding, while suede and mesh paneling are strewn together, adding to the shoe’s deconstructed aesthetic. Finally visible stitching, bright yellow and orange accents, and an Off-White™ signature hangtag finishes off the entire look of this AM90 silhouette.

The Off-White™ x Nike Air Max 90 “Black” is rumored to be releasing at select Nike retailers, nike.com and the SNKRS app on January 17, 2019 for $ 160 USD.

In more footwear news, here’s your first look at the Game of Thrones x adidas UltraBOOST “Night’s Watch.”

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China bought 500,000 tons of U.S. soybeans. But that’s just a drop in the U.S. export bucket

China is back in the market for U.S. soybeans, but the recent purchases represent just a fraction of sales American farmers have lost since the Trump administration embarked on a trade war with Beijing in July.  
Politics

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Mortgage rates drop to 2-month low—an unexpected holiday gift to housing

Mortgage rates are falling sharply, as investors head to the relative safe haven of the bond market. The average rate on the 30-year fixed has fallen 21 basis points in the past week to 4.73 percent, according to Mortgage News Daily. 
Real Estate

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Drug overdoses, suicides cause drop in 2017 US life expectancy; CDC director calls it a ‘wakeup call’

Life expectancy in the United States declined from 2016 to 2017, yet the 10 leading causes of death remained the same, according to three government reports released Thursday. Increasing deaths due to drug overdoses and suicides explain this slight downtick in life expectancy, the US Centers for Disease Control says.


CNN.com – RSS Channel – Health

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Shaniqwa Jarvis Teams With X-Girl to Drop Capsule Collection at Social Studies NY

STREET-SMART FASHION: The streetwear brand X-Girl has lined up portrait photographer Shaniqwa Jarvis for its latest collaboration.
Compact to the degree that only three items are offered, the styles are available through Sunday at Social Studies NY, a multipurpose space and pop-up. To help spread the word about the collaboration, photographer Chandler Kennedy shot the painter and model Monica Hernandez wearing the assortment. A “Mini Me” crewneck sweatshirt retails for $ 95, the $ 50 “Too Many Rich People in NY” T-shirt and the $ 50 “Less, Less, Less” tote bag, which was hand-dyed by Jarvis, are up-for-grabs.
Jarvis, who has shot for Gap, Supreme, Riposte and others, dove into the capsule collection sector last year for the launch of her Baque Creative Press-published book. Started by musician Kim Gordon and stylist Daisy von Furth in 1994, the X-Girl brand has renewed its focus on New York, and is on the lookout for new talent and creatives that align with the brand. The company has more than 100 stores in Japan and has loyalists like Chloë Sevigny and Sofia Coppola. Early on, the Lafayette Street-rooted label rallied young feminists and that ethos remains.
Housed in Milk Studios, Social Studies NY builds from the success of last year’s Social

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Stocks Close Sharply Lower Amid Steep Drop By Apple – U.S. Commentary

Stocks moved sharply lower over the course of the trading day on Monday, adding to the notable losses posted in the previous session. With the sell-off on the day, the Dow continued to give back ground after reaching its best closing level in a month last Thursday.
RTT – Top Story

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Must Read: Burberry Bets on Riccardo Tisci to Drive Turnaround, Hedi Slimane’s First Accessories for Celine Drop Monday

These are the stories making headlines in fashion on Thursday. Burberry bets on Riccardo Tisci to drive turnaround   Riccardo Tisci received a positive reception for his debut collection at Burberry at London Fashion Week in September, but it will take time to turn …

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Fashionista

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Oil suffers its worst monthly drop in more than two years during ugly October for markets

Crude futures started October at nearly four-year highs, bolstered by looming U.S. sanctions on Iran, but oil prices posted their biggest monthly drop since July 2016.
Energy

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The Simpsons’ solution to Apu backlash: Drop him

The Simpsons may have solved “The Problem with Apu.” Producers are reportedly planning to write the brown-skinned shopkeeper off the animated show in an effort to silence allegations of racial stereotyping about Indian-Americans. Producer Adi Shankar, who does not work for the show, said Fox will “drop the Apu character altogether,” according to his interview…
Entertainment | New York Post

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Stocks Drop Sharply As Mnuchin Drops Out Of Saudi Conference – U.S. Commentary

After attempting to recover from an early move to the downside, stocks have pulled back sharply in recent trading on Thursday. The major averages have slid firmly into negative territory, partly offsetting the strong gains posted on Tuesday.
RTT – Top Story

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Don’t believe their lies. We know the truth. 👊 Drop by the…

Don’t believe their lies. We know the truth. 👊 Drop by the #MarvelNYCC booth to get this exclusive poster for “Marvel’s Runaways,” while supplies last.

Marvel Entertainment

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Find your favorite Toy Story toys, apparel, , collectibles and more in the Toy Story Character Shops at the online Disney Store.