US new home sales rise at fastest pace since 2007

US new home sales rise at fastest pace since 2007

Image copyright Getty Images US new homes sales jumped in July to their fastest rate in nearly nine years, according to Commerce Department figures. Low interest rates on mortgages and an improving jobs market have helped boost the US real estate market. New home sales increased by 12.4% in July month-on-month to a seasonally adjusted […]

Will America Finally Stop Privatizing Everything? – New Republic

It’s not hard to figure out why this happens. Private companies win contracts to manage federal prisons by undercutting the Bureau of Prisons’ operational costs. Unlike the government, private prison companies must also take their profit margins out of their budgets. The only way to make that work is to massively drop labor costs, corresponding […]

The Slippery Appeal of the Biggest New Band in America – The New Yorker

Last summer, pop radio began playing a fiendish earworm about two young men who feared the ordinary demands of adulthood. A year later, those men have become the biggest new band in America. You may not be familiar with Twenty One Pilots—they’re a slippery phenomenon, selling out arenas while remaining nearly invisible to those outside their […]

Religious Diversity May Be Making America Less Religious … – FiveThirtyEight

Religious Diversity May Be Making America Less Religious … – FiveThirtyEight

In the United States, diversity has generally been considered an asset. It is frequently cited by public figures as both a source of national pride and a worthy ambition. It is an oft-stated goal of Fortune 500 companies, private colleges and entire sectors of the U.S. economy. And even if Americans don’t claim much diversity […]

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