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Underwater houses One of the most significant changes in the housing market since the housing crash has been the drastic reduction in the number of distressed homes. The housing bubble crash years of 2008 to 2011 saw a surge in foreclosures due to lack of equity, which also had a profound impact on the demand for housing. Today, the situation has improved dramatically. Consider this: In the fourth quarter of 2010, 23.1% homes were under water. By 2024, that number had dropped to 1.8%the lowest level ever reached. The chart below represents data for the first quarter of 2024. So…

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Image source, Hannu RaumaLegend, Hannu Rauma says using AI to help her manage has ‘added years to her life’Item informationAuthor, Mary Lou CostaRole, Economic journalist1 hour agoWith the stress of managing 83 employees, Hannu Rauma felt discouraged and frustrated.”I was too bogged down in all these problems that were happening within the teams, and I was disappointed,” says Mr. Rauma, who lives in Vancouver, Canada.He is a senior executive at a company called Student Marketing Agency, which employs university students to provide marketing support to small businesses.“When I was taking on new clients, half of my mind was thinking, ‘We’re…

The United States Federal Trade Commission building is seen on September 19, 2006 in Washington, D.C. Paul J. Richards/AFP via Getty Images hide legend toggle caption Paul J. Richards/AFP via Getty Images A Texas federal court has partially blocked the government’s ban on non-compete agreements, which was set to take effect September 4. Ryan LLC, a Dallas tax services firm, filed a lawsuit to block the rule just hours after the Federal Trade Commission narrowly voted to ban non-compete clauses for nearly all American workers in April. The decision by Judge Ada Brown of the U.S. District Court for the…

By Joyce LeeSEOUL (Reuters) – Samsung Electronics is expected to see its second-quarter profit rise 13 times from a year earlier as demand for artificial intelligence technology fuels a rebound in memory chip prices.Operating profit at the world’s largest maker of memory chips, smartphones and TVs likely reached 8.8 trillion won ($6.34 billion) in the quarter ended June 30, according to the average of an LSEG SmartEstimate of 27 analysts, weighted toward those who are more consistently accurate.The amount would be Samsung’s highest profit since the third quarter of 2022. It compares with an operating profit of 670 billion won…

Steve Helber/AP/File Former President Donald Trump reacts to supporters at a campaign rally in Chesapeake, Virginia, on Friday, June 28, 2024. CNN  —  Most Americans think that former President Donald Trump will not concede if he loses the presidential election in November, according to a new CNN poll conducted by SSRS. And despite the vast majority of Americans agreeing that the loser of an election has an obligation to accept the results and concede, only about half of registered voters see Trump’s false claims that he won the 2020 presidential election as a reason to vote against him in 2024.…

Tens of thousands of Connecticut drivers will be on the road tonight and tomorrow as we begin the long holiday weekend. Which means law enforcement is reminding drivers and those who want to celebrate the day. “It was 3 a.m. and I got on the road at 5:30. I hit a lot of traffic in New York, it takes me almost an hour to get back on 84 north,” Jean Bishop said of her first commute Wednesday morning. She is heading from Pennsylvania to Boston on the 4th.th July holidays. “Yes, so far,” she said of how easily she started…

Cloudflare has released a new free tool that prevents AI companies’ bots from scraping content from its customers’ websites to train large language models. The cloud service provider is making the tool available to its entire customer base, including those on a free plan. “This feature will be automatically updated over time as we see new footprints of offending bots that we identify as broadly crawling the web to train models,” the company said.In announcing the update, the Cloudflare team also shared some data on how its customers are responding to the rise of bots scraping content to train generative…

A federal district court judge has temporarily suspended parts of a nondiscrimination rule that would have prevented insurers and health care providers from denying hormone therapy, gender transition surgeries and similar medical care to transgender people.By DEVNA BOSE AP Health EditorJuly 3, 2024, 5:56 p.m. ET• 3 minutes reading timeJACKSON, Miss. — A federal district court judge on Wednesday temporarily suspended parts of a nondiscrimination rule that would have prevented insurers and health care providers from denying hormone therapy, gender transition surgeries and similar medical care to transgender people.U.S. District Judge Louis Guirola Jr. sided with 15 states that had…

PARIS (AP) — As it stands on the threshold of power in France, the far-right National Rally is facing scrutiny about some of the candidates it hopes will help it secure a ruling majority in legislative elections on Sunday, including a woman it has pulled from the high-stakes race over a photo of her wearing a World War II-era Nazi officer’s cap.Other National Rally candidates whose suitability is being questioned by the party’s critics and opponents include a woman said by French media to have once held a town employee hostage at gunpoint, a man who may not be eligible…