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For years, homeowners have been fighting against the high fees charged by estate agents, also known as “realtors” in America. They have accused the agents of engaging in anticompetitive practices and have taken legal action against them. Lawsuits have been filed against brokers, the National Association of Realtors (NAR), and the keepers of databases of homes for sale, known as “multiple-listing services”. Juries and judges have ruled in favor of the homeowners, finding that they have been overcharged and misled by the real estate industry. Recently, several class-action lawsuits were settled between the plaintiffs and the NAR, with the agreement…

On June 18, 1983, astronaut Sally Ride made history by becoming the first American woman to travel to space. Born on May 26, 1951, in Los Angeles, Ride had earned bachelor’s degrees in English and physics from Stanford University before obtaining a PhD in physics from the same institution in 1978. Ride’s journey to the stars began when she saw an advertisement for NASA’s astronaut recruitment program, which, for the first time, was open to women. Out of more than 8,000 applicants, Ride was selected as one of six women to join the astronaut program in January 1978. After completing…

In a recent roundtable discussion at a predominately Black church in Detroit, former President Donald Trump claimed that President Joe Biden “has done nothing for you except talk” and touted his record on African American unemployment and poverty rates during his presidency. Trump stated that he achieved “the lowest African American unemployment rate and the lowest African American poverty rate ever recorded – ever, ever recorded – during my four years.” However, a fact check reveals that while Trump’s claims were true when he made them before Biden took office, they are no longer accurate. Record lows for Black unemployment…

Alfred Marshall, one of the founding fathers of modern economics, believed that the discipline was meant to study the ordinary business of life. He understood that economics was not just about numbers and graphs, but about the fundamental questions that people face in their everyday lives. Questions such as how to pay bills, what career to pursue, how to handle illness, and whether retirement is a possibility – these were the questions that Marshall believed economics should seek to answer. However, not everyone shares Marshall’s view of economics. Steven Levitt, an economist at the University of Chicago, has a different…

In response to comments made by former President Donald Trump about Ukrainian President Volodymyr Zelensky and the war in Ukraine at an event hosted by Turning Point Action in Michigan, William Cohen, CEO of Cohen Group and former Secretary of Defense under President Bill Clinton, shared his thoughts on Trump’s speech. Cohen expressed his reaction to Trump’s comments regarding Zelensky and the ongoing conflict in Ukraine.

Investors who pay close attention to politics often look for opportunities to capitalize on potential policy changes that could benefit certain industries. In the case of the 2020 American presidential election, many investors anticipated a victory for Joe Biden would lead to favorable policies for green energy and cannabis companies. As a result, exchange-traded funds (ETFs) that covered these sectors saw a significant rally in the months leading up to the election and Mr. Biden’s inauguration. However, as reality set in and investors adjusted their expectations, the prices of these ETFs eventually dropped. This example highlights the role that politics…

CNN Senior National Correspondent Miguel Marquez reports on the concerns of Democrats in Michigan, a battleground state that President Joe Biden won by just over 150,000 votes in 2020. Despite the state flipping from red to blue, polls indicate a potential decrease in the president’s popularity. In Oakland County, MI, Democrats are working hard to maintain their stronghold and ensure Michigan stays blue in the upcoming 2024 election.

In a landmark decision last week, a federal judge in Houston allowed infamous conspiracy theorist Alex Jones to liquidate his personal assets to help pay the nearly $1.5 billion he owes to the families of the Sandy Hook massacre victims. While Jones may have some financial relief, the future of his platform Infowars remains uncertain. The judge, Christopher Lopez, dismissed the bankruptcy case of Infowars’ parent company Free Speech Systems, emphasizing the need to maximize the value for the families. Jones was granted permission to liquidate his personal assets to settle his debts, but the judge rejected the request to…

Every week, a new high is reached in the stock market, causing a sense of unease to settle over investors. Global fund managers are increasingly concerned that artificial-intelligence (AI) stocks, which have been a major driver of the recent rally, may be in a bubble. Bank of America’s latest monthly survey found that 40% of fund managers share this belief, adding to the growing apprehension about the sustainability of current market levels. Even the most optimistic voices on Wall Street are tempering their expectations for the future. Analysts predict that the S&P 500 index, composed of leading US stocks, may…

In the latest political news, it has been observed that older voters are gravitating towards Democratic candidate Joe Biden, while younger voters are showing an interest in Republican candidate Donald Trump. This marks a departure from the usual trend of older voters favoring the Republican candidate and younger voters favoring the Democrat. According to a recent Marist poll in Pennsylvania, Biden and Trump are in a tight race with Trump leading at 47% and Biden at 45%, a difference within the margin of error. Interestingly, Trump is gaining support among voters of color and is almost tied with Biden among…