The jersey that legendary New York Yankees player Babe Ruth wore when he hit one of baseball’s most famous home runs could sell for $30 million this month — which would make it by far the most expensive game-worn jersey ever sold. Read more: https://cnn.it/3ArfwQo
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The standard, 30-year fixed-rate mortgage averaged 6.49% this week, up slightly from the prior week’s level, Freddie Mac has reported. But that’s still well below this year’s peak and the two-decade high last fall — and that appears to be enough to entice homeowners to refinance. Mortgage applications surged 17% last week, driven by homeowners seeking to refinance, up by a staggering 35%, the Mortgage Bankers Association reported Wednesday. Mortgage rates plummeted last week to their lowest level in more than a year, according to figures from mortgage financing giant Freddie Mac. And borrowing costs are expected to fall even further later this year if the Federal Reserve delivers on the interest rate cuts widely expected by economists and investors.
Mortgage rates are way below their peak. Americans are swooping in | CNN Business
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"This should be as simple as breathing to me but it’s not and I genuinely did not give myself grace for that fact until now.” Naomi Osaka says that she is adjusting to playing tennis following the birth of her daughter last year. Osaka, a four-time grand slam champion, returned to competitive tennis at the start of this year after maternity leave. Currently ranked No. 90 in the world, the Japanese star is preparing to play at the US Open later this month, having lost in the qualifiers for the Cincinnati Open on Monday against American Ashlyn Krueger. In a lengthy Instagram post, Osaka explained how her biggest issue at the moment is not losing matches, but that she doesn’t “feel like I’m in my body.” She added: “It’s a strange feeling, missing balls I shouldn’t miss, hitting balls softer than I remember I used to. I try to tell myself ‘it’s fine you’re doing great, just get through this one and keep pushing,’ mentally it’s really draining though. Internally I hear myself screaming ‘what the hell is happening?!?!’” “The only feeling I could liken how I feel right now to is being postpartum,” said the 26-year-old Osaka. “That scares because I’ve been playing tennis since I was 3, the tennis racquet should feel like an extension of my hand." Read more: https://cnn.it/3X2ZnJU
Naomi Osaka says she doesn't ‘feel like I'm in my body' since returning from a maternity leave | CNN
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Americans are cutting back – from Disney parks to Big Macs to Starbucks coffee. But they keep shopping at Walmart.
Americans are still shopping. They're just going to Walmart | CNN Business
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The backbone of America’s economy remains solid, despite a slowing job market, elevated interest rates and still-high inflation. Sales at US retailers unexpectedly surged in July, the Commerce Department said Thursday, rising by a solid 1% from the prior month, up from June’s downwardly revised 0.2% decline. That trounced economists’ expectations of a 0.3% gain. Retail sales, which are adjusted for seasonal swings but not inflation, make up a sizable chunk of overall spending. July’s reading is a boon for the US economy because the country’s economic growth hinges on Americans spending their dollars. It is the economy’s latest show of strength in the face of several economic hurdles squeezing the US consumer. Sales jumped across most categories last month, rising the most at car dealerships, which likely reflects a rebound from the cyberattack on software systems that dealerships use earlier this summer. Those sales spiked by 3.6% in July. Excluding that category, retail sales were up by a still-strong 0.4% in July from June. Retail spending on electronics and at grocery stores also rose robustly last month, up by 1.6% and 1%, respectively. Americans also continued to spend at bars and restaurants at a healthy pace. Meanwhile, sales were down at specialty stores and clothing retailers in July.
Sales at stores are suddenly surging in the US economy's latest show of strength | CNN Business
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Whether your participation in campus protests affected your job prospects, or your life was impacted in other ways, we want to hear from you. Have you had a job offer rescinded because of your activism?
How did participating in the Israel-Gaza campus protests affect your job prospects? | CNN
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New York Yankees star outfielder Aaron Judge is no stranger to making Major League Baseball history, and on Wednesday he did it again. https://cnn.it/3YKeZD6
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Most architects look to control nature; Kongjian Yu wants it to take over. Intense storms are on the rise and cities across the world are finding it difficult to cope with deluges of floodwater. But instead of using high-tech, concrete-based engineering solutions to defend against the vagaries of the climate crisis, the Chinese landscape architect and urban planner lets nature do the work. For over a decade, Yu and his firm Turenscape have designed nature-based "sponge cities" intended to soak up and retain stormwater before releasing it back into the environment. Varied in form and scale, the projects create new parks, restore wetlands and install rain gardens and permeable pavements, among much else. Read more: https://cnn.it/3yvzQ2C
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