Home Short Supply Home; Fast-Food Chains are Losing Their Artificial Appetite; Cabling Up

Home-y don’t play that…

Image courtesy of digitalart/FreeDigitalPhotos.net

Image courtesy of digitalart/FreeDigitalPhotos.net

There’s no place like home, that is, if you can actually get your hands on one. Homes in the U.S. seem to be in short supply, causing the ones that are already for sale to increase in value. Great news if you’re selling but bad news for buyers who are watching those prices rise because of that limited supply. The demand, however, is still there and people are continuing to buy up those homes as evidenced by the 5% increase in homes sales for the month of April. Experts thought that number would go up only 4.6%. Who can blame these eager buyers willing to shell out a few extra (thousand) bucks for a place to rest their heads. A decent job market and low interest rates are making this limited home supply that much more attractive. According to the ever informative Commerce Department, 517,000 homes were sold last month which was 6.8% more than last year at this time. Again, analysts only anticipated that 508,000 homes would find new owners. March saw only 484,000 new homes being sold. If you happen to be in the market for some new digs, take note that the median price for a house has gone up 8.3% over the last year to $297,300.

All the cool kids are doing it…

Image courtesy of Mister GC/FreeDigitalPhotos.net

Image courtesy of Mister GC/FreeDigitalPhotos.net

Artificial out. Natural in. And so it begins for both Pizza Hut and Taco Bell, two chains that have decided to throw in the artificial towel and kick the offending ingredients to the curb. It’s actually quite a big undertaking as this will affect 95% of their menus. But don’t worry about feeling it in your wallets. As least that’s what the people in charge are saying. The chains, which both happen to be owned by the same parent company, Yum Brands, are losing the fun colors and preservatives that you’ve come to expect in your fast-food cuisine. Your nacho cheese may not look as yellow by the end of July as Taco Bell gets set to say adios to the ingredient dubbed “yellow number 6.” And prepare yourself, diners, as you get set to munch on actual black pepper in it, as opposed to black pepper flavoring. Imagine that. Real black pepper. Who would’ve thunk it? Perennial offenders high-fructose corn syrup and palm oil will also be making an exit from the menu as well, and something tells me they won’t be missed.

Un-Charter-ed territory…

Image courtesy of manostphoto/FreeDigitalPhotos.net

Image courtesy of manostphoto/FreeDigitalPhotos.net

You may not care about this next piece of merger news as it may not affect you at all, especially if Netflix is your main provider of quality entertainment (in which case, I totally get it). But in the not-so-glamourous world of mergers and acquisitions, the fact that Charter Communications is scooping up Time Warner Cable is quite epic. It’s big news because 1.) two huge companies are coming together 2.) it will make Charter Communications the second biggest television and internet provider in all the land (of the United States, that is) and 3. there’s a ton of money being exchanged – over $55 billion or roughly the equivalent of the GDP for like a dozen developing countries combined (I may have exaggerated that one a little – but only a little). Interestingly enough, Time Warner Cable is much bigger, but that’s not stopping Charter from offering to shell out $195.71 per share to take on the company and bring its total customer base to 24 million. Of course, it’ll be no Comcast Communications, who comes in first with 27.2 million customers, but for now, it’s still a big – make that huge – step up for Charter.

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