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The slump in Bay Area home prices could be over

Published Wed, 26 Feb 2025 05:50:09 GMT

It’s unwelcome news for homebuyers: Bay Area home prices are back on the rise.The median sales price for existing homes in the nine-county Bay Area rose 5% in August from a year earlier, reaching $1.26 million, according to new data from the California Association of Realtors. Prices had been on the decline for 14 months, the longest such period since 2012.“We might have seen the bottom,” said Oscar Wei, an economist for the trade group. “It was short-lived, but it started coming back up because of tight supply.”With interest rates near 7%, homeowners who might have otherwise sought to move are staying put, contributing to the low inventory. The number of active listings in the Bay Area decreased from 4,887 to 4,324, a drop of 11.5% since last August.Homeowners aren’t moving unless they must, said Renée White, a real estate agent with Keller Williams in Walnut Creek.“Most of my sales are either death or divorce,” she said. “There’s none of that speculation — nobody’s treating ...

Overturned vehicle crash east of Dumbarton Bridge blocks lanes

Published Wed, 26 Feb 2025 05:50:09 GMT

(KRON) -- A severe traffic alert is being reported Thursday morning on eastbound CA-84 east of the Dumbarton Bridge in Fremont due to a traffic collision with injuries, according to the California Highway Patrol.One vehicle overturned in the collision, CHP said. All eastbound lanes east of the Dumbarton Bridge are blocked as of 6:17 a.m. There is no estimated time for reopening the lanes.CHP reported injuries were sustained in the crash. The number of people injured and the severity of injuries is unknown at this time.(Photo: Caltrans)Just after 6 a.m., the westbound lanes of CA-84 in the area were also closed. All lanes in the westbound direction have reopened.Motorists in the area should expect delays and are advised to use alternative routes.This is a developing story. Check back for updates.

Maryland Board of Education may change how the state tracks students’ college readiness

Published Wed, 26 Feb 2025 05:50:09 GMT

This content was republished with permission from WTOP’s news partners at Maryland Matters. Sign up for Maryland Matters’ free email subscription today.An analysis of Maryland’s current “college readiness” metrics meant to determine whether high school students are properly prepared for college may be improperly assessing a large percentage of students, according to a new report analyzing the state’s interim College and Career Readiness standards.In fact, as much as 35% to 53% may be inaccurately assessed as either ready for college or not ready for college, the American Institutes for Research’s report to the Maryland State Department of Education found.The College and Career Readiness (CCR) standard is a central goal for the Blueprint for Maryland’s Future, an education overhaul passed by the 2021 Maryland General Assembly, in order to determine if students are properly prepared to take on a 2-year or 4-year postsecondary education, and then ultimately enter the workforce.In 2022,...

Billionaire Ryan Cohen takes over as CEO at GameStop

Published Wed, 26 Feb 2025 05:50:09 GMT

Billionaire Ryan Cohen, the largest individual investor in GameStop, is taking over as CEO at the video game retailer. Cohen is already the board chairman and the company’s largest individual investor. GameStop said in a statement that Cohen won’t receive compensation for serving as its president, CEO and chairman.The CEO job at GameStop, which became one of the most well-known meme stocks to create a frenzy among retail traders on Wall Street, has become a rotating door with the company trying to survive as technology upends the gaming industry. In June, the company fired CEO Matthew Furlong, the former Amazon executive who was brought in two years ago to turn the struggling video game retailer around. Shares of Gamestop Corp. spiked 7% Thursday before the opening bell. Cohen’s holding company RC Ventures is the biggest investor in GameStop, holding about a 12% stake. Cohen co-founded Chewy, the online pet supply company, and had hoped to modernize GameStop, founded in ...

Biden makes defending democracy a touchstone in his reelection campaign — and a rejoinder to Trump

Published Wed, 26 Feb 2025 05:50:09 GMT

FILE - President Joe Biden speaks an event in Largo, Md., Sept. 14, 2023. Biden, on Thursday, will make his fourth in a series of presidential addresses about the state of democracy, a cause that is driving his motivation to stay in office even amid low approval ratings that are rattling his party and widespread concern from voters about his age. The location, as it has been for other speeches, is deliberately chosen and poignant: It will be at the home of the McCain Institute, named after the late Arizona Sen. John McCain. (AP Photo/Alex Brandon, File)(AP/Alex Brandon) FILE - President Joe Biden speaks an event in Largo, Md., Sept. 14, 2023. Biden, on Thursday, will make his fourth in a series of presidential addresses about the state of democracy, a cause that i...

Sifco: Fiscal Q3 Earnings Snapshot

Published Wed, 26 Feb 2025 05:50:09 GMT

CLEVELAND (AP) — CLEVELAND (AP) — Sifco Industries Inc. (SIF) on Thursday reported a loss of $634,000 in its fiscal third quarter.The Cleveland-based company said it had a loss of 11 cents per share.The producer of forgings and machined components for the aerospace and energy market posted revenue of $21.9 million in the period._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SIF at https://www.zacks.com/ap/SIFSource

Muere Michael Gambon, actor de Dumbledore en Harry Potter, a los 82 años

Published Wed, 26 Feb 2025 05:50:09 GMT

(CNN) — El actor Michael Gambon murió a los 82 años tras un “ataque de neumonía”, según un comunicado emitido este jueves en nombre de su esposa Lady Gambon y su hijo Fergus Gambon, informó PA Media.“Estamos devastados al anunciar la pérdida de Sir Michael Gambon”, decía el comunicado emitido por su publicista Clair Dobbs, según PA.“Amado esposo y padre, Michael murió pacíficamente en el hospital con su esposa Anne y su hijo Fergus junto a su cama, después de un ataque de neumonía. Michael tenía 82 años”.“Les pedimos que respeten nuestra privacidad en este doloroso momento y les agradecemos sus mensajes de apoyo y cariño”.Gambon era conocido por su extenso catálogo de trabajos en televisión, cine y radio e interpretó el papel de Albus Dumbledore en seis de las ocho películas de Harry Potter.The-CNN-Wire™ & © 2023 Cable News Network, Inc., a Warner Bros. Discovery Company. All rights reserved.Source

Kingston Myeloma March raises funds, honours 15th anniversary

Published Wed, 26 Feb 2025 05:50:09 GMT

Participants and supporters for the Kingston Multiple Myeloma March gathered at Victoria Park to spread awareness and help raise funds for Multiple Myeloma on Sept. 17.Myeloma is the second most common blood cancer, with 11 Canadians being diagnosed every day. The march in Kingston is a piece of the annual, national event organized by Myeloma Canada every fall.In honour of the Multiple Myeloma March’s 15th anniversary, Myeloma Canada introduced the Multiple Myeloma March Research Fund-sharing Partnership Program, funding Canadian cancer research centres with up to 50% of the net proceeds from the Multiple Myeloma March nearest to each centre.35 participants registered for the 5km walk and there was a total of 152 donors who contributed to the organization. Donations totaled $8,020, which will go towards curing and preventing the disease, increasing access to care, and improving the lives of Canadians affected by myeloma.“One of the initial organizers of Myeloma Canada as an institut...

Altamonte Springs officer relieved of duty following high-speed chase with Volusia County deputies

Published Wed, 26 Feb 2025 05:50:09 GMT

ALTAMONTE SPRINGS, Fla. (WSVN) — An Altamonte Springs police officer was relieved of duty after a recent high-speed chase involving Volusia County deputies resulted in charges of fleeing and eluding authorities. The incident unfolded on September 18 when two Volusia County deputies conducted a routine traffic stop on Fort Smith Boulevard around 11:42 p.m. During the stop, they observed a black sedan, driven by 28-year-old Zachary Morrissey, traveling at an “extremely high rate of speed.”As the sedan approached, it appeared to be on a collision course with one of the deputy’s cars. In an attempt to halt the vehicle, both deputies signaled the driver to stop using flashlights. However, Morrissey allegedly disregarded these orders and fled northbound on Fort Smith Blvd.One deputy pursued Morrissey, who reportedly accelerated at a high speed, leading to a high-stakes chase. Ultimately, a second deputy conducted a felony stop, leading to Morrissey’s arrest ...

Man wanted in killing of Baltimore tech entrepreneur Pava LaPere is arrested, police say

Published Wed, 26 Feb 2025 05:50:09 GMT

BALTIMORE (AP) — A man was arrested in the killing of a Baltimore tech entrepreneur who had built a successful startup that earned her national recognition, police said early Thursday.Police didn’t release any details of the circumstances surrounding the arrest of Jason Billingsley after the death of 26-year-old Pava LaPere but planned a news conference later in the morning. Police had announced an arrest warrant earlier in the week, saying that Billingsley was wanted on a first-degree murder charge in LaPere’s death.LaPere’s family thanked city police and their law enforcement partners Thursday morning for their “tireless efforts” throughout the investigation and apprehension of the suspect.“We’re relieved to know he can no longer hurt other innocent victims,” the family said in a statement. “While this doesn’t change that Baltimore lost one of its most passionate, influential fans, our efforts remain focused on remembering and celebrating Pava Marie — her life, s...