MILLENNIAL HOMEOWNERSHIP
U.S. Census data points to a stark divide between millennials who own homes and those who fear they never will. Millennial homeownership reached an all-time high last year, with 51 percent of millennials owning their own homes. However, one in four said they plan to rent forever. Those who haven't been able to buy said they don't have enough money for a down payment.
RANKING AIRLINES
A new report compiled by WalletHub ranked the best airlines of 2023, Delta took the number one spot. It had the lowest cancellation rates, delayed flights and mishandled baggage incidents. Spirit Airlines was ranked second. The rankings were based on several categories such as price, reliability and comfort.
CHEAP FIRST CLASS
An online glitch affecting Japanese airline All Nippon Airways allowed some lucky travelers to score first-class airline tickets for 20 times cheaper than usual. Flights that usually cost more than $10,000 were sold for as little as $300. The flights were from Indonesia to the Caribbean via Tokyo and New York, and back again. The airline said that the mishap stemmed from an online error that listed the wrong currency conversions.
With warmer oceans serving as fuel, Atlantic hurricanes are now more than twice as likely as before to rapidly intensify from wimpy minor hurricanes to powerful and catastrophic, a study said Thursday.
The Justice Department has secured a $9 million settlement with Ameris Bank over allegations that it avoided underwriting mortgages in predominately Black and Latino communities in Jacksonville, Florida, and discouraged people there from getting home loans.
Israel pounded the Gaza Strip with airstrikes on Thursday, including in the south where Palestinians were told to take refuge, and the country's defense minister told ground troops to “be ready” to invade, though he didn’t say when.
Addressing the nation from the Oval Office, President Joe Biden has made his case for major U.S. backing of Ukraine and Israel in a time of war.
Federal Reserve Chair Jerome Powell said Thursday that inflation remains too high and that bringing it down to the Fed's target level will likely require a slower-growing economy and job market.
According to a new survey from the Federal Reserve, income inequality grew during the pandemic.
Cheddar News checks in with your coast-to-coast weather forecast for Thursday, Oct. 19, 2023.
The suspect accused of orchestrating the killing of iconic rapper Tupac Shakur will be arraigned Thursday on a murder charge. Duane Davis is expected to plead not guilty to murder with the use of a deadly weapon.
Authorities say a U.S. marine was killed Wednesday night in an incident at Camp Lejeune in Jacksonville, North Carolina.
A Russian-American journalist working for a U.S. government-funded media company has been detained in Russia and charged with failing to register as a “foreign agent,” her employer said Thursday.
