1. For traders, September 22 is one of those days with a notorious history. UBS's Art Cashin notes that September 22 marked various market highs in 1873, 1929, 1980, and even as recent as 2008. "If that's not enough, several of the astrological types claim their charts show [this] week is fertile ground for surprises – geo-political and otherwise," Cashin said. "Crazy? Maybe, but forewarned is forearmed."
3. The pace of existing home sales unexpectedly fell 1.8% to an annualized rate of 5.05 million. Economists estimated sales would climb to a 5.20 million pace. "There was a marked decline in all-cash sales from investors," said Lawrence Yun, chief economist of the National Association of Realtors. "On the positive side, first-time buyers have a better chance of purchasing a home now that bidding wars are receding and supply constraints have significantly eased in many parts of the country."
(Newser) - Reporter Charlo Greene feels passionately about marijuana legalization in the state of Alaska. So passionate, in fact, that she outed herself as the owner of the Alaska Cannabis Club in last night's 10pm news broadcast on Anchorage's KTVA, then made another shocking declaration. "[I'll] be dedicating... More »
(Newser) - Another entry in the "No Worse Way to Go" file: An Arizona landscape worker was killed on Thursday after tripping and falling into a wood chipper—headfirst. Chandler officials confirm that the unidentified man was decapitated. KTVK reports that he was part of a Phoenix Trim-a-Tree landscaping crew working... More »
(Newser) - Kari Anne Roy found herself having to explain her parenting to police and Child Protective Services recently—and all because she let her children play outside unsupervised. In a blog post from earlier this month that's getting some attention, Roy explains that it all started when she answered the... More »
(Newser) - Not much is known about the literary weekend Amazon founder Jeff Bezos hosts in Santa Fe every year, other than that it is lavish and the writers are showered with gifts and even a suitcase in which to carry the gifts home, occasionally on private jets. But the spare-no-expense "... More »
(Newser) - A 19-year-old Rutgers student has died following what reports call a "small gathering" at a fraternity house. Alcohol may have been a factor in Caitlyn Kovacs' death, which is currently under police investigation; an autopsy will reveal the cause. The New Jersey resident passed out at the Delta Kappa... More »
(Newser) - The man suspected of shooting two Pennsylvania State troopers 10 days ago may have been planning both the shooting and his escape for months if not years, police say, perhaps explaining why he's been able to elude captivity for so long . Even the clues uncovered yesterday in the huge... More »