Housing

Sales of previously owned homes in the U.S. rose in February as house prices dipped and mortgage rates continued to tick down.

The failure of Silicon Valley Bank (SVB) on March 10 was the second largest bank failure in US history.

California Governor Gavin Newsom has proposed a plan to build 1,200 tiny homes across four cities in the state to tackle homelessness, with Los Angeles, Sacramento, San Jose and San Diego County receiving varying numbers of homes.

The San Francisco Board of Supervisors discussed a reparations proposal that includes a $5 million payout per black resident, which is facing criticism from the San Francisco National Association for the Advancement of Colored People.

The consumer price index, a key measure of inflation, rose 0.4% in February, up 6% from February 2022, the U.S. Bureau of Labor Statistics reported on Tuesday.

Trump has a whopping 58% support in a hypothetical primary, while Florida Governor Ron DeSantis comes in at a distant second with 17% support.

Online retailer Amazon is pausing its construction of its second headquarters campus in Arlington, Virginia.

The Biden administration gave a $78,000 grant to a Palestinian activist group whose leaders attended an anniversary event celebrating the founding of a terrorist group and praised the murderer of a U.S. military attaché as a "hero fighter."

The incident follows accusations that Maxwell profited from a recent interview.

Convicted sex trafficker Ghislaine Maxwell was reportedly punished by authorities at the Federal Correctional Institute Tallahassee over a recorded jailhouse interview that aired in January.