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Home prices reached a new record in May amid an ongoing housing shortage, even as high mortgage rates continued to push affordability out of reach for millions of Americans.

The three-year deal will increase pay an average of 10%, offer other benefits.

Netflix co-founder and Executive Chairman Reed Hastings has triggered a controversy by announcing a massive donation of $7 million to Democrat contender Kamala Harris. Revealing his decision on the tech-focused site 'The Information', he wrote that after the depressing debate, Democrats are in the game again. He also made it clear that it was the largest donation he had ever given to a single candidate. Earlier this month, the head of the streamer was not happy with US President Joe Biden and urged him to pull out of the race for the White House. Talking to 'The New York Times', he said that Joe Biden needs to step aside to allow a vigorous Democratic leader to beat Trump and keep us safe and prosperous.

Netflix has revealed the cast for its upcoming drama series, "House of Guinness," written by Steven Knight. This series, produced by Banijay UK's Kudos, explores the legacy of the Guinness family and their famous brewery.

Military veterans have spent years lobbying for the use of psychedelic drugs to treat PTSD, but a sharply critical review of the club drug MDMA has put the therapy's approval in doubt

A Manhattan diamond dealer with a history of gemstone fraud has been indicted in what officials described as a scheme to swindle his fellow merchants out of nearly half a million dollars

A subsidiary of New York Community Bancorp, Flagstar Bank, is selling its residential mortgage servicing business to Mr. Cooper Group Inc. for about $1.4 billion

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Celine Dion's high-profile comeback to the music world. Based on TMZ, Dion is set to receive $2 million for her visit and will only perform one song. The rumors concerning Dion's performance were initially reported by Variety.

Northern Lights, don't worry. Nature will give you one more opportunity to watch this astronomical spectacle soon. The northern lights, or the Aurora Borealis, are beautiful patterns of light that appear as dancing ribbons or curtains in the Northern Hemisphere. When energized particles from the sun hit Earth's upper atmosphere at 45 million mph or 72 million kph, Earth's magnetic field redirects the particles toward the poles. These particles appear in the form of these patterns. In the Southern Hemisphere, it is called Aurora Australis.

Wiz, a cloud security firm based in New York, has rejected a proposed $23 billion acquisition deal offered by Google parent Alphabet, according to a Wiz memo seen by CNBC

Two crypto promoters involved in the infamous Forcount Ponzi scheme pleaded guilty to conspiracy to commit wire fraud on Monday in New York.

India regarding the allegations of a plot to assassinate a Sikh separatist in the US that involved an Indian government official has been «respectful» and «effective» because it's being held behind closed doors, according to Jake Sullivan, the National Security Advisor to the US president. In November last year, US federal prosecutors charged Indian national Nikhil Gupta with working with an Indian government employee in the foiled plot to kill Gurpatwant Singh Pannun in New York. Gupta, who was arrested in the Czech Republic in June last year, was extradited to the US on June 14. «We have had a constructive dialogue with India on this issue. And we have made it very clear where we stand on it and what we would like to see. And it's been respectful, and it has been effective, in my view, mostly because it is taking place behind closed doors,» Sullivan said at the Aspen Security Forum in Colorado on Friday responding to a question on allegations related to the assassination attempt on Pannun. India has denied the allegations but has constituted an internal investigations team to look into it.

listeria outbreak possibly linked to deli meat has killed two and sickened 28 people in several states including New York and New Jersey, as per a report on ABC News. Two deceased individuals are from New Jersey and Illinois. Twenty eight people have been hospitalized, ABC reported quoting the federal health agency. New York has reported the most number of cases. Second on the list is Maryland. Cases have been detected in Wisconsin, Illinois, Virginia, Georgia, Pennsylvania, Massachusetts, North Carolina, Minnesota, New Jersey, and Missouri.

Democrats that Joe Biden’s presidential nomination may only lead to a massive defeat of the party in the upcoming presidential election in November. While it was earlier clear among the Democrats that Vice-President Kamala Harris is the best candidate to replace Biden on the ballot box, there are doubts being cast now. Representative Alexandria Ocasio Cortez has sounded a warning that Democrats who are seeking Biden’s ouster also want Harris to leave. The Congresswomen representing the state of New York made these comments on Friday in an Instagram live session. She even pointed out that Biden had secured a grand victory during the party’s primaries and this transition to Harris may be difficult.

Meanwhile, her son David, who moved out of her mother's mansion, and away from the immense wealth, has revealed how tough it is to make ends meet in New York. According to a Daily Express US report, David is currently residing in an apartment located in New York's Bronx, and is attempting to make a name for himself and become financially sufficient. This is a bold move coming from the son of a cash-rich mega music star, as embracing an independent lifestyle is quite unheard of in such situations.

Retired Trump Organization executive Allen Weisselberg has been released from jail in New York City after serving a sentence for lying under oath

FIFA World Cup is just two years away but fans are already feeling the excitement around it after an intense month of Euro Cup and Copa America action, that saw some of the leading footballing nations participate in these championships. Euro Cup was won by Spain this year after the beat England and dashed The Three Lions' hopes of winning a major international trophy in decades.

Sotheby's says the nearly complete fossilized remains of a stegosaurus have sold for $44.6 million at a New York auction