Author: theparknews

Barron’s Roundtable panelists discuss America’s housing crisis as interest rate cuts become more likely. Rising mortgage rates, skyrocketing home prices and inflation putting pressure on budgets have kept many Americans from buying a home or moving for years. While mortgage rates have started to fall slightly in recent months, the housing market remains largely stagnant as buyers and sellers alike sit on the sidelines waiting for more substantial rate cuts.So will the Federal Reserve’s larger-than-expected 50 basis point interest rate cut on Wednesday have any effect on mortgage rates? A sign appears in front of a home for sale in…

The US House of Representatives is scheduled to vote on a government funding bill on Wednesday, but with less than two weeks left to avert a partial government shutdown that would begin on October 1, the bill is destined for failure.Republican House Speaker Mike Johnson announced Tuesday that the House would move forward with the vote despite vocal opposition from his own lawmakers. The announcement came a week after opponents were forced to postpone a vote on the bill, and the speaker has faced further resistance since then.Johnson’s proposed bill combines a six-month stopgap funding measure known as a continuing…

Netflix co-CEO Ted Sarandos has called on other streaming rivals to disclose their viewership figures. At the Fast Company conference in Manhattan on Wednesday, Sarandos spoke about the backlash from striking writers and actors and the inability to get insights into viewership figures for his shows. Netflix is ​​due to release viewership figures for its top shows on Thursday as part of its semi-annual data release. “This is kind of a response to people who say, ‘I don’t know what’s going on with my film,’ and I’ll admit that’s unfair,” Sarandos said. “What it means is that the numbers are…

The outdoor street dining program that Belfast launched during the COVID-19 pandemic has continued to thrive since the health crisis ended, providing residents and tourists alike with an attractive outdoor drinking and dining option. But after some business owners and residents expressed dissatisfaction with the system, the city is now considering changing it. The debate is one example of how measures adopted as public health precautions during the pandemic have reshaped Maine businesses and communities, sometimes in controversial ways. Among the reforms the City Council is currently considering is a fee increase for downtown businesses that want to participate in…

Artist’s impression of the Neptune Excelsior spacecraft as it travels to the edge of space. (Space Perspective via SWNS) A luxury balloon capsule that will take passengers to the edge of space for $125,000 per person has completed a major test flight.Florida-based Space Perspective has successfully flown an unmanned version of its SpaceShip Neptune Excelsior to an altitude of about 100,000 feet.The flight took off on September 15 from the Voyager Ocean Spaceport off the coast of St. Petersburg, Florida.The capsule took six hours to reach more than 99% of the Earth’s atmosphere, before undergoing a controlled descent and splashdown.The…

Regent Seven Seas Explorer. Photo: Regent Seven Seas Luxury Cruise Lines Regent Seven Seas has completed the rollout of Starlink Internet on six of its cruise ships. The cruise line will provide unlimited Wi-Fi to guests at no extra cost. Regent Seven Seas is owned by Norwegian Cruise Line Holdings, which has announced plans to roll out Starlink across its brands. April 2023. The cruise line announced the launch on Tuesday and said the high-speed connection will allow passengers to share photos and videos and stream movies on board. “As the leader in all-inclusive ultra-luxury cruising, the introduction of Starlink…

Global consultancy Argon & Co has helped clients around the world leap ahead with successful e-commerce and omnichannel strategies in the luxury retail industry. To learn more about the firm’s work in the Middle East, we spoke with Managing Partner Stefan Westdijk and Consultant Bouchra Ghrayyeb. Transformation is critical to the future of retailers who want to survive in this wave of change. From digital transformation to sourcing strategies, supply chains to store operations, there are many key factors that retailers need to get right. An increasingly important area for retailers is the omnichannel strategy, which refers to a seamless,…

YouTube is planning a major revamp of its connected TV app, adding new features and an entirely new look as it seeks to secure its streaming lead from other streaming platforms like Netflix, Max and Disney+. The company announced its plans at its Made on YouTube event in New York on Wednesday. The new TV app includes a host of updated features, including one that could change the way some creators categorize their videos by letting them organize shows by episode or season, reflecting what viewers expect from a subscription video platform. YouTube is also rolling out a feature it…

A man who claims he learned how to drug and rape his wife from Frenchman Dominique Perico, who has admitted to drugging his ex-partner and raping her for nearly a decade and arranging for dozens of strangers to assault his wife, said Wednesday that Perico deserves severe punishment.”I’m in prison but I deserve it,” the 63-year-old said in the Avignon courtroom where Perico’s gang rape trial is taking place, terrifying France and the international community. “What I did is terrible. I am a criminal, a rapist,” said Jean-Pierre Maréchal, a tall man with a shaved head who claims to have…

A comprehensive rundown of local, multistate and national news events, including sports, weather and traffic updates, brought to you by the ABC 6 news team.(ABC 6 News) — Bucky Beeman of Realty Growth, Inc. joined ABC 6 News Good Morning Anchor Jeremy Ledford on ABC 6 Spotlight on Business on Wednesday, September 18th to highlight three businesses in our area.Bluff Brothers Brewing (817 N ​​Broadway St, Spring Valley) Local family owned, rustic atmosphere, great craft beer. Perfect for large events or intimate gatherings. On Saturday, October 5th they are hosting their Oktoberfest event with live music, games, food and beer.Giliberto’s…