Author: News Room

As former President Donald Trump returns to Wisconsin on Tuesday night for the first time in nearly two years, Democrats have a close eye on him – but not only him – as they build a general election campaign in this critical battleground state. “Any appetite for Robert Kennedy Jr. this fall?” progressive host Mike Crute asked this week on “The Devil’s Advocate Radio Show,” where listeners call in and compare notes about liberal politics. “Would you consider voting for a third party?” As Wisconsin voters cast ballots Tuesday in a largely symbolic primary seven months ahead of the November…

This is the second in a series of posts about whether and how state governments should preempt local governments from making policies that could negatively impact housing supply. Before being fully established, the Dillon rule as challenged by rulings and writings by Judge Thomas Cooley from Michigan. In 1871, Cooley wrote a concurrence to a ruling of the Michigan Supreme Court which became a blueprint for a different view of the relationship between state and local government that was adopted courts in Indiana, Iowa, Kentucky and Texas until the Supreme Court of the United States settled the matter in in…

Key News Asian equities were mixed as Hong Kong and Taiwan outperformed. Hong Kong investors were in a good mood following the four-day weekend as the market played catch up following the Mainland’s positive move and better-than-expected PMIs. Xiaomi gained +8.97% after its successful foray into electric vehicles (EVs). Its competitors in the space were mixed overnight. Li Auto was up +1.98% and XPeng fell -5.61%. It is remarkable to think how the mobile phone and electronics company pivoted to EVs while Apple AAPL drained billions in their effort. It is too bad they didn’t partner! Brilliance China Auto gained…

Watch full video on YouTube

Watch full video on YouTube

Jeff Bezos is buying up more pricey property on an uber-exclusive Miami-area island as he moves cross-country from Seattle.The billionaire Amazon founder purchased a third home on Indian Creek island for $90 million in an off-market transaction, Bloomberg reported.A rep for Bezos declined to comment. Related stories This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log in. The exclusive island, with its own mayor and police force, is home to fewer than 100 residents, including Ivanka Trump and Tom Brady, and is only accessible via a gated bridge.Bezos plans…

A record number of US cities have an average home price of more than $1 million. California had the highest concentration of million-dollar-plus areas, Zillow found in a new report. Experts say housing affordability could improve slightly as more supply makes its way to the market. A record number of US cities have an average home value of more than $1 million — a sign that the housing market is becoming increasingly out-of-reach for some Americans as prices continue to soar.The US has 550 cities where the typical home value is north of seven figures, according to a recent Zillow…

By Michael S. Derby NEW YORK (Reuters) – Federal Reserve Bank of Cleveland President Loretta Mester said on Tuesday she continues to think the central bank is on track to cut rates this year but still needs to see the data confirm such a move is possible. “If the economy evolves as expected, then in my view it will be appropriate for the [Federal Open Market Committee] to begin reducing the fed funds rate later this year, as inflation continues on its downward path toward 2%, and labor markets and economic growth remain solid,” Mester said in the text of…

By Rod Nickel and Nivedita Balu WINNIPEG, Manitoba/TORONTO (Reuters) – Canada’s First Nations are eyeing their biggest opportunities yet to invest in multi-billion-dollar energy projects from pipelines to power lines, hinging on Prime Minister Justin Trudeau keeping a promise this spring to make the deals easier to finance. Trudeau’s government will release its budget April 16 and has said it will include plans to guarantee loans for Indigenous communities investing in major resource projects. The government, which is trying to cut greenhouse gas emissions, has not said whether oil and gas projects will be included but if they are then…

JetBlue is proving that not even your baggage is safe from dynamic pricing, with the airline rolling out fees that vary depending on the day of departure. The price of a first checked bag now ranges from $35 to $50 under a recently revealed fee structure that depends on a number of factors, including dates JetBlue determines to be peak or off-peak. JetBlue is giving flyers a $10 discount if they add a checked bag during booking and at least 24 hours before check-in, with prices ranging from $35 for off-peak dates and $40 for peak dates. Peak dates encompass…