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Another Report Shows Home Prices Taking A Big Jump

One week after the S&P/Case-Shiller indices showed a 10.9 percent jump in U.S. home prices from March 2012 to March 2013 — the biggest year-over-year gain in that data since April 2006 — there's another report showing a similar jump in April.

CoreLogic, which collects data on real estate sales, says home prices were up 12.1 percent in April vs. April 2012. According to The Associated Press, it's the largest year-over-year increase in CoreLogic's data since February 2006.

Reuters notes that "prices have been gaining for over a year as the housing market turned a corner, helped by low interest rates, a pick up in sales and less available supply."

Economists watch home sales closely. They're a major indicator of consumer confidence. Also, when home sales rise, the ripple effects spread out through the economy as new owners buy furniture and appliances or put money into renovations and repairs.

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NPR

Cult Survivor Documents 2 Decades Inside 'Holy Hell'

Will Allen directed the documentary Holy Hell, which depicts his experience as a videographer and member of The Buddhafield cult. Allen used his own footage, as well as his interviews with other former members, to make this documentary.
NPR

Evaporated Cane Juice? Puh-leeze. Just Call It Sugar, FDA Says

Companies cultivating a healthful image often list "evaporated cane juice" in their products' ingredients. But the FDA says it's really just sugar, and that's what food labels should call it.
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The Politics Hour - May 27, 2016

Congress votes to override DC's 2013 ballot initiative on budget autonomy. Virginia governor faces a federal investigation over international finance and lobbying rules. And DC, Maryland and Virginia move to create a Metro safety oversight panel.

NPR

After Departure Of Uber, Lyft In Austin, New Companies Enter The Void

Earlier this month, voters in Austin, Texas, rejected an effort to overturn the city's rules for ride-hailing companies. Uber and Lyft tried to prevent fingerprinting of their drivers, and now both have left town. A few other ride-share companies have popped up to help fill the void. NPR explores how people are getting around town without Uber and Lyft.

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