Americans’ Gloomy Outlook on Housing Market: 5 Things PM – May 9, 2024
The housing market in America is causing concern among potential buyers, with only 21% feeling that it’s a good time to purchase a house. This sentiment is due to the combination of rising home prices and high mortgage rates. In addition to this pressing issue, here are 5 other important stories you may have missed:
1️⃣ Gym prices are changing, as Planet Fitness is moving away from its $10-a-month membership model and increasing the price to $15 a month for new members. This change aims to better align with the value of the service provided.
2️⃣ Chevrolet has announced that the Malibu sedan will be phased out in favor of producing electric vehicles. This decision means that Chevrolet will now focus on trucks, SUVs, and the Corvette sports car in the United States.
3️⃣ Adults with autism who are diagnosed later in life are struggling to find the support services they need, as most existing resources are geared towards children. Organizations like Autism Speaks are working to bridge this gap and provide assistance to adults with autism.
4️⃣ The FBI used unconventional methods, including spray paint and stolen license plates, to build a case against a Florida man accused of abducting his wife in Spain. The investigation is ongoing, and the woman remains missing.
5️⃣ The first person to receive an implant from Elon Musk’s Neuralink experienced a problem a few weeks after the procedure. Despite this setback, Neuralink has found a workaround and aims to eventually link human brains to computers.
In addition to these stories, you can watch an Alaska woman drive around in a big red wagon that goes 60 mph and explore an interactive art installation that connects viewers in New York City with people in Dublin, Ireland.
For more news and updates, visit CNN.com and sign up for their newsletters. And don’t forget to check out the 5 Things news quiz for a fun challenge!