Ways and means: With the highly anticipated Supreme Court decision on the constitutionality of the Patient Protection and Affordable Care Act due this week, the Louisiana Budget Project—a left-leaning nonprofit that monitors and reports on state government spending and how it affects low- to moderate-income families—has compiled a report on how Louisiana may benefit from health care reform. Check it out here.
Under contract: Americans bought new homes in May at the fastest pace in more than two years. The Commerce Department reports today that sales of new homes increased 7.6% in May from April to a seasonally adjusted annual rate of 369,000 homes. That’s the best pace since April 2010, the last month that buyers could qualify for a federal home-buying tax credit. Even with the gains, the annual sales pace is less than half the 700,000 that economists consider to be typical of a healthy housing market. The Associated Press has the full story here.
Eyes on the prize: Anthony Davis, who will likely be taken as the No. 1 pick in Thursday’s NBA Draft by the New Orleans Hornets, is getting down to business—literally. Davis, known for his connected eyebrows, trademarked the phrases “Fear The Brow” and “Raise The Brow” earlier this month. “I don’t want anyone to try to grow a unibrow because of me and then try to make money off of it,” Davis tells CNBC. “Me and my family decided to trademark it because it’s very unique.” Read the full story here.
