Homebuilder sentiment inches lower despite demand for single-family homes

The nation's homebuilders reported solid confidence in the housing market in June, but levels dropped slightly due to concerns over trade issues, the high costs of construction and the lack of skilled labor.
Real Estate

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Supreme Court says lower court should reexamine case over same-sex couple denied wedding cake

The top court scrapped a ruling from the Oregon Court of Appeals in favor of the same-sex couple. The owners of the bakery, which refused the make the cake due to religious beliefs, claimed that state fines pushed them out of business.
Small Business

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Asian Markets Mostly Lower

Asian stock markets are mostly lower on Tuesday after the fall in tech stocks overnight on Wall Street following reports of antitrust investigations involving several big-name companies. Lingering worries about escalating trade tensions and its impact on global economic growth also weighed on markets. The New Zealand market, which resumed trading after a holiday on Monday, is sharply lower.
RTT – Top Story

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European Markets Likely To Open Lower

European markets look headed for a weak start on Monday, extending losses from previous sessions, amid lingering worries about global growth due to ongoing trade dispute between the U.S. and China.
RTT – Top Story

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Asian Shares Mostly Lower As Trade Worries Deepen

Asian stocks closed mostly lower on Monday as worries about rising trade tensions stoked fears of a global recession. In addition to the U.S.-China trade war, U.S. President Donald Trump’s decision to impose tariffs on all Mexican imports weighed on investor sentiment. On Sunday, China published a white paper that said the U.S. should take responsibility for the setback in trade talks.
RTT – Top Story

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Asian Markets Mostly Lower

Asian stock markets are mostly lower on Wednesday, tracking the negative cues overnight from Wall Street and a slump in U.S. Treasury yields amid worries about global economic growth due to the U.S.-China trade war. Media reports indicated that China could be considering restricting the export of rare earth minerals, which are crucial for the technology industry, to the U.S.
RTT – Top Story

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The stock market would be much lower if it weren’t for companies buying back their own shares

Buybacks have gotten a bad rap from both Republicans and Democrats. But stocks would be trading at a massive discount without them.
Top News & Analysis

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White House takes on surprise medical bills in continued push to lower US health-care costs

President Donald Trump announced a new push Thursday for legislation designed to end surprise medical bills that leave Americans saddled with costs for care that they thought were covered by their insurance.
Health and Science

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Stocks Move Mostly Lower On Disappointing Alphabet Results – U.S. Commentary

After initially moving in opposite directions, stocks have moved mostly lower over the course of morning trading on Tuesday. The major averages have all slid into negative territory, with the Nasdaq and the S&P 500 pulling back off yesterday’s record closing highs.
RTT – Top Story

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4.25.19 Lower your overall housing costs; FCC is bad at collecting robocall fines; You don’t own your medical records

Housing is one of the biggest line items in your budget. But if you want to build wealth, keep that in check; The FCC has levied major fines against robocallers. But they haven’t collected much; Unless you live in New Hampshire, you don’t actually own your own medical records.

Learn more about your ad choices. Visit megaphone.fm/adchoices

Watch the video

The post 4.25.19 Lower your overall housing costs; FCC is bad at collecting robocall fines; You don’t own your medical records appeared first on Clark Howard.

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Major Averages Close Slightly Lower After Choppy Session – U.S. Commentary

Stocks showed a lack of direction over the course of the trading day on Wednesday, extending the volatility seen late in the previous session. The major averages spent much of the day bouncing back and forth across the unchanged line.
RTT – Top Story

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Vice President Mike Pence backs Trump’s call to lower interest rates, citing low consumer inflation

Trump and economic advisor Larry Kudlow have also called for lower rates, though the Fed generally makes decisions independently of political demands.
Politics

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White House planning executive order that aims to boost pipeline construction, lower energy prices

The effort was spurred by the blockage of the construction of the 125-mile Constitution Pipeline from Pennsylvania to New York.
Economy

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Mets owner Fred Wilpon values team much lower at only $1.5B

It looks like the New York Mets are worth even less than even some of their most long-suffering fans might think — and are in the financial minors compared with their Subway Series rivals. Owner Fred Wilpon is poised to enlarge his majority Mets stake in a deal that values the struggling team at roughly…
Business | New York Post

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Mortgage rates are now breaking to new lower territory, and they could stay there for months

The average rate on the 30-year fixed mortgage is falling again today, as investors rush into the bond market. Mortgage rates loosely follow the yield on the 10-year Treasury. Lower rates area already igniting home buying.
Real Estate

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European Shares Set To Open Lower As Trade Worries Re-emerge

European stocks may drift lower on Wednesday as investors digest conflicting reports on U.S.-China trade talks and look ahead to the Fed’s decision on interest rates.
RTT – Top Story

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US retail sales edge up in January, but December is revised sharply lower

U.S. retail sales unexpectedly rose in January, lifted by an increase in purchases of building materials and discretionary spending.
Economy

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Stocks Move Notably Lower On Global Economic Concerns – U.S. Commentary

Extending the downward move seen in the previous session, stocks saw considerable weakness during trading on Thursday. With the drop on the day, the Nasdaq and the S&P 500 pulled back further off the more than four-month intraday highs set on Monday.
RTT – Top Story

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Stocks Close Modestly Lower Amid Geopolitical Uncertainty – U.S. Commentary

Selling pressure was somewhat subdued, although stocks still moved modestly lower over the course of the trading session on Thursday. The major averages all ended the day in negative territory after the mixed performance in the previous session.
RTT – Top Story

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Stocks Close Lower Following Disappointing Batch Of Data – U.S. Commentary

Stocks moved moderately lower during the trading session on Thursday following the release of a batch of largely disappointing U.S. economic data. Selling pressure was relatively subdued, however, limiting the downside for the major averages.
RTT – Top Story

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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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Trump administration proposes rules for Medicare plans as it seeks to lower drug prices

HHS Secretary Alex Azar said in a statement that the goal would be to create a system that prioritizes savings for patients.
Health and Science

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Asian Markets Mostly Lower

Asian stock markets are mostly lower on Wednesday amid worries about global economic growth and the uncertainty over U.S.-China trade talks. However, some of the markets have pared early losses. Media reports indicating that the Trump administration rejected an offer from China for preparatory talks ahead of next week’s high-level trade negotiations dampened sentiment.
RTT – Top Story

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Asian Markets Lower On First Trading Day Of 2019

Asian stock markets are in negative territory on Wednesday, the first trading day of 2019, in the absence of fresh cues overnight from Wall Street, which was closed for the New Year’s Day holiday. Worries about global economic growth dampened investor sentiment after results of a private survey showed that China’s manufacturing activity in December contracted for the first time in 19 months.
RTT – Top Story

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Homebuilders are not getting a bump from lower mortgage rates

Mortgage applications to purchase a newly built home dropped 11 percent in November, annually, according to the Mortgage Bankers Association. MBA economists predict that sales of newly built homes in November fell 5 percent annually. 
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Mortgage applications rise 2%, but buyers seem unimpressed by lower rates

While price gains are now shrinking, affordability is still at the lowest level in a decade and proving to be the biggest barrier to housing demand. Sales of newly built and existing homes continue to suffer.
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European Shares Set To Follow Wall Street Lower

European stocks may follow their U.S. and Asian peers lower on Wednesday as investors fret about trade tensions and slowing global growth.
RTT – Top Story

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Stocks Climb Off Worst Levels But Remain Mostly Lower – U.S. Commentary

After coming under pressure earlier in the session, stocks have climbed off their worst levels of the day but remain mostly lower in mid-day trading on Thursday. The major averages are partly offsetting the substantial gains posted in the previous session.
RTT – Top Story

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Major Averages Close Modestly Lower After Volatile Session – U.S. Commentary

After coming under pressure early in the session, stocks rebounded over the course of the trading day on Thursday but pulled back going into the close. The major averages eventually ended the day modestly lower, partly offsetting the substantial gains posted in the previous session.
RTT – Top Story

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Trump thanks Saudis for lower oil price, doubling down on defense of kingdom

President Donald Trump on Wednesday thanked the kingdom for helping to keep a lid on oil prices, amid bipartisan criticism for his statement on the murder of journalist Jamal Khashoggi by Saudi agents.
Politics

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‘Star Trek: Lower Decks’ Will Test the Franchise Like Nothing Before

Star Trek fans were surprised last week when it was announced that Rick and Morty head writer Mike McMahon will be creating a new show for the franchise. Titled Star Trek: Lower Decks, the show will focus on “the support crew serving on one of Starfleet’s least important ships”. In a first for Star Trek, the show will be a half-hour comedy.

The nature of its premise will almost certainly make Lower Decks the most polarizing production in Star Trek history. More than that, it will test the limits of what the franchise can support — and what fans will accept — unlike anything that has come before it. Let’s take a look at why, and what it means for the future of Trek.

Star Trek Has Never Broken the Mould Like This Before


The reboots were bold, but they were still familiar.

It is true that there is a great deal of difference between the various incarnations of Star Trek. But it is also true that for all that difference, they are all essentially variations on the same themes and formats. Deep Space Nine is a little darker. Voyager and Enterprise are more action-heavy. The Next Generation is more cerebral. However, they all fit within the same mould. Even Star Trek’s previous foray into animation, way back in the 1970s, was an adventure series that bore great tonal similarities to the swashbuckling character of the original show.


‘The Animated Series’ was basically ‘TOS’ Season 4, not a comedy.

A pivot to comedy, then, is a first. Not because the franchise has never had funny moments, but because comedy has never been the defining characteristic of an entire corner of the franchise. If that isn’t enough, the premise is said to follow unimportant background characters — McMahon is quoted as saying he wants to make “a show about the people who put the yellow cartridge in the food replicator so a banana can come out the other end”. It will be the first time Star Trek has prioritized lower-ranking characters over captains and a bridge crew.

Incorporating a show that wildly diverges from the audience’s conception of Star Trek is a risky move. Imagine a sitcom released as part of the Law and Order franchise, or as a spinoff from The Walking Dead or Game of Thrones. That’s the gamble Star Trek is undertaking. It will demand more open-mindedness from the audience than anything before. And comedy brings with it some unique challenges.

Star Trek Usually Does One Kind of Comedy


Kirk and Spock
Kirk and Spock in “A Piece of the Action”.

Star Trek is replete with comedic episodes. TOS gave us “The Trouble with Tribbles” and “A Piece of the Action“. TNG, DS9, and Voyager gave us hilarious adventures on the holodeck. Enterprise had Trip get pregnant. Characters like Barclay, Rom, Neelix, Keenser, and Tilly often filled the role of “comic relief”. And, of course, Star Trek IV: The Voyage Home is a comedy through-and-through.

What that unites all of these examples is the nature of the comedy. Specifically, it’s humour that comes from taking something established as serious and subverting expectations. “The Trouble with Tribbles” is a serious story about politics, espionage, and a cold war. It is rendered hilarious because the plot is driven by cooing balls of fur. Holodeck adventures like “Our Man Bashir” are funny because the characters act nothing like themselves in a campy situation. In each case, there is a contrasting effect between the drama we normally see and the comedy we get in certain special cases.

Lower Decks, presumably, won’t be able to take the same approach, because it is first and foremost a comedy as opposed to a drama. You can’t subvert serious subject matter if the subject is not first and foremost treated as serious. Likewise, we can only hope that the show avoids the lazy route of simply parodying established Trek tropes, since, between Galaxy Quest and The Orville, enough of that already exists. Instead, Lower Decks will need to completely reimagine Star Trek through a comedic lens.

If This Works, Star Trek Will Never Be The Same


Star Trek Beyond

If audiences accept Lower Decks, the implications for the future are massive. Not all franchises have the flexibility to fit something as dark as Deep Space Nine or Discovery in alongside a pure comedy. If it works, Star Trek can conceivably tell any kind of story, in any kind of format, without losing its essence. It will transcend its previous status as a sci-fi action-drama and become, in some ways, a genre all its own.

Will every fan accept Lower Decks? No. There is no perfect consensus among Star Trek fans, and this project will probably be the most divisive one yet. But for the past ten years, Star Trek has courted controversy in both its films and TV, mostly successfully. The fact that Lower Decks has been greenlit only a year after the return to TV speaks volumes about Trek’s capacity to evolve and go where it has never gone before.

Star Trek: Lower Decks is currently in development at CBS All Access. Season Two of Star Trek: Discovery begins streaming January 17th, 2019.

What Is “Real” Star Trek, Anyway?

Star Trek Needs More Prequels

The post ‘Star Trek: Lower Decks’ Will Test the Franchise Like Nothing Before appeared first on FANDOM.

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Tyson Foods Q4 Adj. EPS Rises On Lower Enacted Tax Rates

Tyson Foods, Inc. (TSN) reported fourth-quarter adjusted net income per share attributable to Tyson of $ 1.58 compared to $ 1.43, prior year. The company noted that the lower enacted tax rates positively impacted the fourth quarter adjusted EPS by $ 0.20. On average, 14 analysts polled by Thomson Reuters expected the company to report profit per share of $ 1.35 for the quarter. Analysts’ estimates typically exclude special items.
RTT – Earnings

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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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Daimler Q3 Results Weak; Sees Lower EBIT, Higher Revenues & Unit Sales In FY18

Shares of Daimler AG (DDAIF.PK) were gaining around 3 percent in German trading after the automaker on Thursday said it expects slight increase in fiscal 2018 revenues and unit sales. The company is also confident for the fourth quarter with continued high demand.
RTT – Earnings

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HHS secretary warns Big Pharma: Lower prices, or ‘you’ll get whatever comes at you’

Speaking from the Brookings Institution in Washington, Azar says that pharmaceutical companies cannot stand by and defend the status quo on drug pricing.
Health and Science

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Trump outlines new plan to lower Medicare drug prices, end ‘rigged’ system

Under the administration's proposal, the Department of Health and Human Services would permit Medicare to create a new payment model that would bring drug prices in line with what other nations pay.
Health and Science

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Stocks Close Sharply Lower After Failed Recovery Attempt – U.S. Commentary

After ending the previous session roughly flat, stocks moved sharply lower over the course of the trading day on Thursday. The major averages attempted a recovery after seeing early weakness but saw a significant pullback as the day progressed.
RTT – Top Story

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Youth violence lower in countries with complete ban on corporal punishment

A study shows that in countries where there is a complete ban on all corporal punishment of children there is less fighting among young people. There was 31 percent less physical fighting in young men and 42 percent less physical fighting in young women in countries where corporal punishment was banned in all settings, compared with those where corporal punishment was permitted both at school and at home. In countries where there was a partial ban on corporal punishment (such as in Canada, the US and the UK where corporal punishment not banned at home), the level of violence in young men was similar to that in countries with no bans, though the level of violence in women was lower (at 56 percent).
Child Development News — ScienceDaily

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Bank Of America Q3 Profit Surges On Asset Quality, Lower Tax Rate

Bank of America (BAC) reported that its third-quarter earnings per share was up 43% year-over-year to $ 0.66. On average, 24 analysts polled by Thomson Reuters expected the company to report profit per share of $ 0.62 for the quarter. Analysts’ estimates typically exclude special items. Net income to shareholders increased to $ 6.7 billion from $ 5.0 billion, previous year, driven by continuing strong operating leverage and asset quality, as well as the benefit of tax reform. Pretax income was up 18% to $ 9.0 billion.
RTT – Earnings

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Jesus Can Lower Your Blood Pressure, Study Finds

Practicing religion was the secret ingredient, added to lifestyle changes, that helped a group of Black people reduce their high blood pressure, according to a new study published Tuesday in the scientific journal Circulation: Cardiovascular Quality and Outcomes.

Researchers used volunteers who suffer from high blood pressure and also attend church to see how certain religious practices would affect their hypertension. Black folks, already by far the most religious group in America, have been disproportionately diagnosed with hypertension.

“Our findings prove that people with uncontrolled hypertension can, indeed, better manage their blood pressure through programs administered in places of worship,” said Dr. Gbenga Ogedegbe, the lead author of the study.

The study was based on data collected from 2010 to 2014, from 373 Black participants with hypertension who attend church in New York City.

Researchers divided the participants into two groups,m with each receiving health education. Just one of the groups also received religious intervention, which included prayer, scripture reading and faith-based discussion related to health.

After six months, those in the religious intervention group reduced their systolic blood pressure by 5.8 mm Hg (millimeters of mercury).

Blood pressure readings consist of two parts: systolic and diastolic. Systolic is the pressure created when the heart beats and diastolic is the pressure when it’s resting, according to the US Centers for Disease Control and Prevention. The CDC defines a healthy blood pressure reading as less than 120/80 mm Hg, with the first number systolic and the second diastolic.

African-Americans suffer hypertension at the highest rate in the world, according to the American Heart Association. More than 40 percent of non-Hispanic African-American men and women have high blood pressure. For African-Americans, high blood pressure also develops earlier in life and is usually more severe.

Ogedegbe, who teaches at New York University School of Medicine, urged clergy and church leaders to pay attention to this study.

“Vulnerable populations often have lower access to primary care. We need to reduce racial disparities in hypertension-related outcomes between Blacks and whites,” he added.

 

Life & Style – Black America Web

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Asian Markets Mostly Lower In Cautious Trade

Asian stock markets are mostly lower on Wednesday with investors treading cautiously following the mixed cues from Wall Street amid lingering worries about the impact of rising interest rates and U.S.-China tensions. Investors also digested U.S. President Donald Trump’s comments that he did not like the Federal Reserve’s decision to continue raising interest rates.
RTT – Top Story

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