AP Business Writer LOS ANGELES (AP) — Homebuilder stocks are having a banner year, outpacing the broader market on a wave of optimism that mortgage rates will fall and juice home sales. The S&P Composite 1500 Homebuilding Index, which includes Lennar, D.R. Horton, KB Home and other stocks, is up about 29% so far this
Continue ReadingBy Catherine E. Shoichet, CNN (CNN) — Margery Koveleski says “Why Springfield?” is something she’s been hearing a lot lately. “Everybody asks the question,” says Koveleski, a community activist and translator in the Ohio city who’s been helping its growing Haitian population. Springfield is now home to thousands of Haitians. Last week’s presidential debate thrust
Continue ReadingAP Business Writer HONG KONG (AP) — Hong Kong’s air safety authority has found that a defect in an engine component of a Cathay Pacific Airways Airbus A350 that forced a Zurich-bound flight to return to Hong Kong could have caused “extensive damage” to the aircraft. The report on the Sept. 2 incident by Hong
Continue ReadingAAS, Norway (AP) — Norway has reported dozens of confirmed and suspected cases of bluetongue disease in livestock for the first time in the country since 2009. The virus is insect-borne virus and harmless to humans but can be fatal to sheep and other livestock, The Norwegian Veterinary Institute said the virus known as bluetongue
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The Federal Reserve made lots of Americans happy on Wednesday.
Continue ReadingAP National Writer NEW YORK (AP) — Less than two weeks before his 100th birthday, former President Jimmy Carter is receiving an award from the Dayton Literary Peace Prize Foundation. The foundation announced Thursday that Carter had won the Ambassador Richard C. Holbrooke Distinguished Achievement Award, named for the late diplomat. In 2002, Carter was
Continue ReadingAssociated Press LONDON (AP) — The Bank of England is keeping its main interest rate unchanged at 5% despite a big cut from the U.S. Federal Reserve, its first since the onset of the coronavirus pandemic more than four years ago. The decision Thursday was widely expected amid ongoing concerns about inflation within the bank’s
Continue ReadingAssociated Press TAIPEI, Taiwan (AP) — Taiwan says China’s ban on imports of its fruit, vegetables, seafood and other goods violate trade rules, in the latest ratcheting up of tensions between the self-governing island republic and its massive neighbor, which has vowed to annex Taiwan by force. The Taiwanese government’s Mainland Affairs Council said Thursday
Continue ReadingBy Josh Campbell and Elizabeth Wolfe, CNN (CNN) — Witty banter and rivalrous trash talk are commonplace in fantasy football leagues, but one Philadelphia man’s online beef has resulted in an international investigation and federal charges after he falsely accused a fellow player of intending to carry out violent attacks, prosecutors say. Matthew Gabriel, 25,
Continue ReadingMADRID (AP) — Spanish authorities arrested a 32-year-old man for the death of two police officers in February when a speedboat suspected to belong to drug smugglers smashed into their patrol craft, Spain’s Civil Guard said Thursday.The incident occurred on Feb 9, when the Civil Guard craft was on patrol identifying speedboats spotted in the
Continue ReadingAP Business Writer TOKYO (AP) — The six-year-old criminal case of Greg Kelly, an American ensnared in the scandal of Nissan’s former boss Carlos Ghosn has turned a page in a Japanese court, with the judge promising a verdict in February. Kelly’s lawyer Yoichi Kitamura demanded that the court deliver “justice,” using the English word,
Continue ReadingKUALA LUMPUR, Malaysia (AP) — Malaysian police on Thursday detained the CEO and other top leaders of an Islamic business group that is under investigation after hundreds of children believed to be sexually abused were rescued this month from welfare homes linked to the group. The national police chief said 12 men and seven women
Continue ReadingAssociated Press HONG KONG (AP) — A Hong Kong court has sentenced the first two people under a tough new Hong Kong national security law, including a man who was given 14 months in prison for wearing a T-shirt with a protest slogan. A second man received 10 months for writing pro-independence messages on the
Continue ReadingBy Sharif Paget, Sara Smart, Dalia Faheid and Sarah Dewberry, CNN (CNN) — When a gunman perched atop a cliff’s ledge opened fire on a dozen cars on Kentucky’s Interstate 75, wounding five people, it permeated surrounding communities with fear – and sent one couple into the woods to join the dayslong manhunt for the
Continue ReadingROME (AP) — About a thousand residents were evacuated in the northern Italian region of Emilia-Romagna after it was hit by torrential rains and severe flooding overnight, local media reported Thursday. Rivers flooded in three of the region’s provinces — Ravenna, Bologna and Faenza — as local mayors asked people to stay on upper floors
Continue ReadingAssociated Press CHONBURI, Thailand (AP) — Only a month after the adorable baby hippo Moo Deng was unveiled on Facebook, her fame became unstoppable both domestically and internationally. Zookeeper Atthapon Nundee of Thailand’s Khao Kheow Open Zoo has been posting cute moments of the animals in his care for about five years. He never imagined
Continue ReadingAssociated Press VATICAN CITY (AP) — The Vatican has given the green light for Catholics to continue flocking to a southern Bosnian village where children reported seeing visions of the Virgin Mary. The Vatican’s doctrine office didn’t declare that the reported apparitions in Medjugorje were authentic or of supernatural origin. And it flagged concerns about contradictions
Continue ReadingAP Media Writer NEW YORK (AP) — Journalists at a news site that covers issues facing the Haitian community in the United States say they’ve been harassed and intimidated with racist messages for covering the false story about immigrants eating the pets of people in Springfield, Ohio. One editor at the Haitian Times was “swatted”
Continue ReadingAssociated Press UNITED NATIONS (AP) — Relentless violence is devastating Sudan, and large-scale fighting has escalated in and around El Fasher. That’s the only capital in Sudan’s western Darfur region that’s not held by paramilitary forces. The United Nations acting humanitarian chief Joyce Msuya told the Security Council on Wednesday that famine has already struck
Continue ReadingAssociated Press COLOMBO, Sri Lanka (AP) — Sri Lankans who usually vote along religious and ethnic lines will be keeping another factor in mind when they vote Saturday on a new president. Sri Lanka was in the midst of economic collapse and political chaos when Ranil Wickremesinghe took on the presidency in 2022. Things have
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