Black Millennials fueled a surprising 2020 home-buying surge for African Americans

Owning a home was never a priority for Kenyan immigrant Lynne Poole or her husband, Aaron prior to 2020. The newlyweds, like many Millennials, enjoyed the lifestyle that came with renting an apartment in a major city — in their case, Denver. Lynne, 31, moved there in 2016 to earn her master’s degree in communications…MORE

Why the US dollar could be the big loser of 2021

The US dollar is on the back foot, and Wall Street doesn’t expect that to change any time soon. What’s happening: The dollar has weakened by nearly 12% against a basket of top currencies since peaking in March. Last week, it hit its lowest level since April 2018. The last time the greenback was on…MORE

‘SNL’ returns with ‘Rudy Giuliani’ and his witnesses contesting the election

“Saturday Night Live” returned with Kate McKinnon playing Rudy Giuliani as he tried to overturn the election results. The opening sketch of the NBC variety show had McKinnon’s Giuliani at a hearing in Michigan, presenting witnesses with testimony regarding allegations of voter fraud. “This election was stolen from the American people with a level of…MORE

CNBC’s Rick Santelli starts shouting match on air over Covid-19 restrictions

CNBC anchor Rick Santelli is once again under fire for misguided comments about coronavirus after a screaming match erupted on air Friday morning during a discussion about how businesses are coping with the pandemic. Santelli argued that it didn’t make sense for restaurants to shut down to prevent the spread of Covid-19 when big-box retailers…MORE

Cannabis got a big win in Congress, but legal weed isn’t around the corner

Cannabis just had a victory in Congress. But the industry and its supporters may not want to get too excited yet. The US House of Representatives on Friday passed a bill to end the federal prohibition on cannabis. But the historic vote on the landmark legislation — which if put into law would be momentous…MORE

£50 billion in UK banknotes is ‘missing.’ Nobody has an explanation

Here’s a head-scratcher: The use of cash has been declining for years in Britain, but demand for banknotes is skyrocketing. Nobody is quite sure where the money is going. A group of UK lawmakers said on Friday as much as £50 billion ($67.4 billion) in cash was “missing,” and it urged the Bank of England…MORE

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