Author: josh

A refund system for businesses that paid tariffs which the U.S. Supreme Court ruled President Donald Trump imposed without the constitutional authority to do so is scheduled to launch Monday. Importers and their brokers will be able to begin claiming refunds through an online portal beginning at 8 a.m., according to U.S. Customs and Border Protection, the agency administering the system. It’s the first step in a complicated process that also might eventually lead to refunds for consumers who were billed for some or all of the tariffs on products shipped to them from outside the United States. Companies must submit declarations listing the…

President Donald Trump on Saturday directed his administration to speed up reviews of certain psychedelic drugs, including ibogaine, which recently has been embraced by combat veterans and conservative lawmakers despite having serious safety risks. Ibogaine and other psychedelics remain banned under the federal government’s most restrictive category for illegal, high-risk drugs. But the administration is taking steps to ease restrictions and spur research on using the drugs for medical purposes, including conditions like severe depression. “Today’s order will ensure that people suffering from debilitating symptoms might finally have a chance to reclaim their lives and lead a happier life,” Trump said as he signed…

White House chief of staff Susie Wiles plans to sound out Anthropic CEO Dario Amodei about the artificial intelligence company’s new Mythos model, which has attracted attention from the federal government for how it could transform national security and the economy. A White House official, who requested anonymity to discuss the planned meeting Friday, said the administration is engaging with advanced AI labs about their models and the security of software. The official stressed that any new technology that might be used by the federal government would require a technical period for evaluation. The meeting comes after tensions have run…

Darryl Davis explains what the settlement is, why it matters and what, if anything, it actually changes about how you do your job. You have probably seen the headlines by now: The National Association of Realtors reached a $52.25 million settlement. Another commission lawsuit. Another big number. Unfortunately, NAR has not been clear, once again, about what this means to you, the individual agent sitting at the kitchen table, so let’s fix that. Here is a plain language look at what this settlement is, why it matters and what, if anything, it actually changes about how you do your job.…

In This Article At a time when property values are faltering around the country, New Jersey is experiencing something unique for a cold, high-tax state: soaring house prices. The Garden State saw 6% price growth in February compared to the same month in the previous year, far outstripping the national average of around 0.5%, according to real estate data and analytics company Cotality’s house price index. In gritty Newark in Essex County, the price growth was even more pronounced, at 6.7%.  So what gives? Supply and Demand + Proximity to Manhattan New Jersey stands out for several reasons. There hasn’t…

In This Article If you’ve been fretting about unanswered postings for your vacant apartments, you’re not alone. According to new data from Apartments.com and Realtor.com, the rental outlook has been decidedly mixed over the last year, with the Sunbelt states hit the hardest. Apartments.com shows that the states with the biggest rent declines in March, compared to the same time the previous year, were Fort Myers (-6.4%) and Naples (-4.4%) in Florida, followed by Katy (-3.3%) and Austin (-3.1%) in Texas, and Denver, Colorado (-2.8%). The Northeast, Midwest, and California fared comparatively better, with Chicago (+3.6%) and San Francisco (+7.8%)…

The Iran War is already changing the housing market. Home sales have slowed, mortgage rates jumped back up, a reversal in crucial housing affordability is well underway—and we’re not done yet. Oil prices are causing interest rates to fly upward, and guess what? Gas prices might not go down for another year. Is this the nail in the coffin for the return to a healthy housing market?We’re getting into it all in April 2025’s housing market update.The implications of the Iran War are massive, and we’re feeling it right now. Homebuyers got a glimpse of hope when rates fell below…

The 65-year-old cofounder and former CEO of the world’s largest streaming service announced on Thursday that he won’t stand for reelection to the board at the company’s annual shareholder meeting in June, ending a 29-year run at the company he created in 1997. In a statement included in the first quarter investor letter, the billionaire said he’s leaving to focus on philanthropy “and other pursuits.” He gave shoutouts to co-CEOs Greg Peters and Ted Sarandos, who took full control of Hastings’s executive role in January 2023.   “A special thanks to Greg and Ted, whose commitment to Netflix’s greatness is so…

While the industry debates exposure, writes contributor Deb Siefkin, the structure of the market and how buyers find homes is being rewritten. There’s a lot of noise right now about where listings should go. Brokerages, MLS organizations and portals are actively debating how listings should be handled, when they should be shared and who controls their exposure. Most of that conversation is happening among the people who create and distribute listings. But at the same time, something else is happening on the other side of the market. Buyers are changing how they search. The result is a growing gap between…

Buying a home is a big financial commitment, and most buyers will need a mortgage to make it happen. Understanding your monthly payment is a key part of budgeting for life in your new home. In this Redfin article, we’ll break down how much a mortgage on a $300,000 house costs, both on a monthly basis and in the long run. Whether you take out a 30-year mortgage on a house in Houston or a 15-year mortgage on a home in Louisville, find out how much you’ll likely end up paying. How much is the monthly mortgage payment on a…