Americans now believe it takes an average net worth of $2.5 million to be considered wealthy, up 14% from the previous year. Despite the median net worth being $193,000, rising living costs and inflation are influencing perceptions of wealth. Financial comfort is believed to require an average of $778,000 in assets. (CBS News)
Several Florida cities known for LGBTQ+ tourism, like Key West and Fort Lauderdale, saw Florida’s tourism agency quietly remove its “LGBTQ Travel” section, sparking criticism from LGBTQ+ business owners who view it as part of a larger attempt to erase the community amid recent anti-LGBTQ+ legislation championed by Governor Ron DeSantis. (AP)
Montana motorcyclist Zachary Demoss survived for five days after crashing on an Idaho mountain highway by drinking creek water. Injured and stranded, he shouted for help until a family friend spotted him while searching. Demoss had been separated from his companions after they noticed his motorcycle missing. (AP)
Michael Dean Drew, already serving prison time for sending threatening letters, received an additional 20-year sentence for threatening federal judges, U.S. marshals, and prosecutors in letters sent from prison. Drew described plans for violent acts in letters and will serve consecutive terms for his actions. (UPI)
U.S. existing home sales increased by 1.3% in July, breaking a four-month decline. Sales rose in the Northeast and West but declined in the Midwest and South. Despite sluggish sales, consumers are seeing more options and better affordability due to lower interest rates. (UPI)
