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Housing and rates are worrying some economists that a recession is looming."One of the biggest concerns is the housing market," said Lindsey Piegza, chief economist for Stifel, on CNNMoney's "Markets Now" live show Wednesday. "It's throwing up a very large red flag and suggests maybe this 4% growth we saw in the second quarter is not sustainable."Home sales?have declined in four of the past five months as housing prices have grown -- but paychecks have remained stagnant. Many people can't afford to buy homes, and those who can are taking on a lot of debt to get into them.Piegza says that echoes what happened right before the Great Recession in 2008."We're not there yet, but this is what led us to the housing crash," she said.How could this happen again? Piegza believes that a decade of rock-bottom interest rates helped people forget about the dangers of borrowing too much."I don't know if we learned our lesson from the Great Recession," she said. "We are going back to a lot of the easy lending that we used to see."Although Piegza said a recession isn't necessarily imminent -- especially after quarterly growth just came in at the fastest pace in almost four years -- there are signs of waning momentum in the economy.Interest rates, for example, are starting to become a bad omen.The Federal Reserve, which finished up its two-day meeting Wednesday, is expected to raise its target rate two more times this year. Higher rates have boosted short-term US Treasury bond rates. But the longer-term bond rates haven't risen along with the shorter-term rates, because investors are growing wary about the economy over the long haul.With two more interest rate hikes planned, the Fed could boost short-term rates higher than long-term ones, inverting the so-called yield curve. An inverted yield curve has preceded every recession in modern history."We could easily be there by the end of the year," Piegza said. "I think we'll see pressure on the longer end by the end of the year, but the Fed will still be raising rates on the short end."Fed Chairman Jerome Powell has said that he is not concerned about an inverted yield curve. Piegza strongly disagrees."It is a predictive measure of a recession," she said. 2266

In a series of more than 20 tweets, Kathleen Zellner, Steven Avery's attorney, laid out an argument Thursday for a new suspect in the high-profile murder case."I'm going to walk you through what I've learned through my investigation that you didn't see in the show," Zellner said.The Chicago attorney described in detail the events of the day of Teresa Halbach's murder - October 31, 2005 - and what role each key witness played that day.You can read her whole thread here. 491

HUDSON, Ohio — A Hudson woman who hosted a large house party at a rental home in October was convicted in Municipal Court Tuesday for violating state health orders to prevent the spread of coronavirus.The woman was convicted of violations prohibited and criminal damaging, both second-degree misdemeanors, according to court records.On Oct. 10, the woman used a website to rent a home in the 6800 block of Windsor Road in Hudson, according to court records. More than 150 people attended the party, in excess of the number of people allowed by the mass gatherings order that limits groups to no more than 10 people.Attendees caused more than ,500 in damage to the property, according to court records.The Akron Beacon Journal reported that on the night of the party, police were called to the scene and multiple vehicles were towed throughout the night. The party eventually broke up around 3 a.m.The woman was ordered to pay more than ,000 in fines and to pay back restitution for the damage caused, court records say.This story was originally published by Drew Scofield on WEWS in Cleveland. 1106

If you watch the Republican National Convention this week, you will hear claims from Republicans that Joe Biden, if elected, would hurt suburban living. So what are Republicans talking about? THE POLICYRepublicans are talking about the Affirmatively Furthering Fair Housing Rule, which President Barack Obama and Biden updated in 2015. Biden has signaled he'd support even further updating of the rule. The rule basically says that if a town takes federal money, they should examine whether they engage in housing discrimination. Nothing is mandated, but it generally encourages an examination of whether zoning laws encourage developers to build large, family homes as opposed to more affordable options like an apartment or a condo. Trump disagrees with that policy and is against the rule. BATTLE FOR THE SUBURBSThe issue is being brought up by Republicans because for them, the election will be decided by the suburbs. Cities will generally vote for Biden, rural America will vote for Trump. How large suburbs vote will determine who is in the White House. Kim Stewart is an undecided voter living in a suburban community an hour outside of Washington D.C. "I love having the space, having a yard," Stewart said, talking about why she and her husband moved to the suburbs. When asked what she thought of more apartments being built in suburbs like hers, Stewart, admitted she didn't like it. "It would make me feel a little uncomfortable. We enjoy the quiet," Stewart said. THE OTHER SIDEThe Biden campaign says what Trump is saying about Joe Biden and the suburbs is a smear campaign, contending the rule is not "abolishing the suburbs" as Trump has said. There is also another side. Shantai High is a resident in a D.C. low income housing community. She's lived in her apartment for nearly 19 years. She says everyone in a low income housing would like more affordable options, in cities and in suburbs. "It’s tough everywhere. Affordable housing is needed, we are discriminated against," High said. 2014

ICYMI – @BarackObama joined a group of NBA Champions and first-time poll workers from @MoreThanAVote during #NBAFinals Game 1 to highlight the importance of voting. Don’t wait, make your voting plan and sign up to work the polls today at https://t.co/RzbxxkFmLa pic.twitter.com/lFQLfcuEG3— NBA (@NBA) October 1, 2020 324