Median price for new single family homes fell to $387,400 in April, dropping 6.2% y/y to its lowest level since July 2021. Rents have been rolling over for years too.

Buyers finally get a breather as the everything bubble in housing starts to leak air. Meanwhile, the home price-to-income ratio is still very, very high. pic.twitter.com/kafzqXrATR — 𝙨𝙤𝙧𝙩𝙤𝙫𝙖𝙠 (@sortovak) May 6, 2026 The Fed/BLS have a CPI Shelter measurement problem. …

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I love how scared he sounds

Musk ‘was going to hit me,’ OpenAI executive says at trial OpenAI President Greg Brockman told a California jury Tuesday that Elon Musk physically threatened him during a 2017 confrontation, testifying that the billionaire stormed out after he was refused …

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Hantavirus: Canary Islands objects to docking of cruise ship;Spain has given the green light for the cruise ship hit by a deadly hantavirus outbreak to dock on the island of Tenerife. However, officials in the Canary Islands have objected to the move.

A hantavirus-hit cruise ship has been anchored off Cape Verde and is now preparing to head to Spain rather than remain there. Spanish authorities said Tuesday the vessel would be received in the Canary Islands within three to four days. …

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Super long commutes are breaking budgets as fuel costs jump with $105 oil 90 minute commutes now mean $450 to $600 a month just on gas — 90 minute commutes now mean $450 to $600 a month just on gas

The “Supercommuter Squeeze” is officially the primary friction point in the 2026 economy. We are seeing a direct collision between the 2022-2024 “Drive ’til you qualify” housing strategy and the $105 oil reality of May 2026. For a supercommuter defined …

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