Freddie Mac earnings soar 61% as credit reserve release lifts profits

Churchill Downs Inc., the owner of the famous race track that hosts the Kentucky Derby and other gaming properties, is selling off nine casinos as part of a plan to focus on its horse racing and online betting platforms. Bisnow/Elizabeth Reyn Churchill Downs in Louisville, Kentucky The Kentucky-based gambling company’s stock price fell nearly 7% to…

The $1.8 million California home where Martin Short‘s daughter, Katherine, passed away has found a buyer—just one month after being listed and six months after her death. The three-bedroom property first hit the selling block in July, being listed for $1.795 million. Now, Realtor.com® can exclusively reveal that the home is in the contingency phase, meaning the…

While centuries-old homes are a rare find on the housing market, it is even rarer to come across a dwelling that boasts not only more than 100 years of history—but also an incredible story of survival and rebirth. But that is exactly the kind of unique abode currently on offer in Pennsylvania in the form…

In June, the median sale price of homes in the U.S. increased by an estimated 2.2% compared to the previous year, reaching a new record high of $408,776, according to Redfin. The U.S. existing-home sales increased by 0.1% month-over-month (MoM), reaching a seasonally adjusted annual rate of approximately 4.4 million, marking the highest level since…

New Orleans Mayor Helena Moreno said bringing the water and sewer board into the city’s government would improve efficiency and effectiveness.Chansey Augustine, Channel 91 New Orleans is taking steps to merge its largely independent water and sewer board in a step that may be aimed at improving the board’s financial position.  Processing Content The board…

CME Group said it has partnered with FutureSports to introduce what the companies described as the world’s first futures on sports indexes, in a long-term deal that will see the exchange operator list futures and options on FutureSports Performance Indexes. The cash-settled contracts will be based on officially reported, league-approved statistical outcomes and FutureSports’ index…