By ALEX VEIGA AP Business Writer LOS ANGELES (AP) — Mortgage rates are expected to come down later this year, but any benefit to homebuyers could be muted by developments in the market for financial instruments tied to mortgages. Over the last couple of years, uncertainty about inflation and the trajectory of mortgage rates led
Continue ReadingBy COLLEEN BARRY Associated Press MILAN (AP) — Italian police say that underpaid and exploited Chinese workers working for an unauthorized subcontractor made handbags and accessories for the Giorgio Armani fashion house. They say there was a series of supply chain abuses that the in-house production company failed to properly monitor. The Giorgio Armani fashion
Continue ReadingBy MICHAEL MAROT AP Sports Writer WEST LAFAYETTE, Ind. (AP) — The child who wanted Zach Edey’s autograph during his Purdue recruiting trip apparently saw something others missed. Big Maple was destined to be a basketball star. While many college coaches passed on the unpolished Canadian prospect as the basketball world became enamored with perimeter
Continue ReadingBy JESSICA DONATI Associated Press DAKAR, Senegal (AP) — The United Nations has begun distributing food in Sudan’s war-ravaged Darfur province for the first time in months following two successful cross-border operations but the population still faces widespread starvation unless more help arrives. The yearlong war between military and paramilitary forces in Sudan is causing
Continue ReadingBy BETH HARRIS AP Sports Writer LOS ANGELES (AP) — Bronny James will enter the NBA draft after one season at Southern California that was shortened by his recovery from cardiac arrest. The 19-year-old son of LeBron James announced Friday on his Instagram account that he also plans to retain his college eligibility and will
Continue ReadingBy BETH HARRIS AP Sports Writer LOS ANGELES (AP) — Bronny James will enter the NBA draft after one season at Southern California that was shortened by his recovery from cardiac arrest. The 19-year-old son of LeBron James announced Friday on his Instagram account that he also plans to retain his college eligibility and will
Continue ReadingMARSHALL, Mich. (AP) — Wildlife officials say an animal a Michigan hunter thought was a big coyote when he shot it in January has been determined to be a gray wolf. That’s the first time the species has been found in southern Michigan in more than a century. Michigan’s Department of Natural Resources says the
Continue ReadingBy Christian Edwards, CNN (CNN) — Israel’s military said its troops made a series of “grave” mistakes and violated protocol in their strikes that killed seven aid workers in Gaza this week. An Israeli inquiry published Friday found troops mistakenly thought they were attacking Hamas gunmen when drone strikes targeted three vehicles of the World
Continue ReadingCNN By Christian Edwards, CNN (CNN) — Israel’s military said its troops made a series of “grave” mistakes and violated protocol in their strikes that killed seven aid workers in Gaza this week. An Israeli inquiry published Friday found troops mistakenly thought they were attacking Hamas gunmen when drone strikes targeted three vehicles of the
Continue ReadingBy JENNIFER PELTZ Associated Press NEW YORK (AP) — Residents across the Northeast are describing their experiences with an earthquake in a region where people are unaccustomed to feeling the ground move. Officials say Friday morning’s quake was centered about 45 miles west of New York City and had a preliminary magnitude of 4.8. New
Continue ReadingBy SEUNG MIN KIM and COLLIN BINKLEY Associated Press WASHINGTON (AP) — President Joe Biden will announce his latest effort to broaden student loan relief next week for new categories of borrowers, according to three people familiar with the plans, nearly a year after the Supreme Court foiled his administration’s first attempt to cancel debt
Continue ReadingBy MARYCLAIRE DALE Associated Press PHILADELPHIA (AP) — Three long-retired Philadelphia police detectives must stand trial, accused of lying under oath at the 2016 retrial of a man the jury exonerated in a 1991 rape and murder. Experts in innocence cases say it’s unusual for police or prosecutors to face criminal charges over misconduct that
Continue ReadingBy SUMAN NAISHADHAM Associated Press WASHINGTON (AP) — The U.S. Securities and Exchange Commission on Thursday said it would pause the implementation of its new climate disclosure rule while it defended the regulation in court. Wall Street’s top regulator voted in March on the final rule, which requires some public companies in the U.S. to
Continue ReadingCNN By Ray Sanchez and Alaa Elassar, CNN New York (CNN) — A 4.8 magnitude earthquake rattled buildings across parts of the Northeast Friday morning, according to the US Geological Survey, with tremors felt from Washington, DC to New York City to Maine. It was the third largest earthquake recorded in the area in the
Continue ReadingBy JIM SALTER Associated Press ST. LOUIS (AP) — Missouri’s execution protocol allows for “surgery without anesthesia” if the typical process of finding a suitable vein to inject the lethal drug doesn’t work, lawyers for a death row inmate say in an appeal aimed at sparing his life. Brian Dorsey, 52, is scheduled for execution
Continue ReadingLOS ANGELES (AP) — USC’s Bronny James, the son of LeBron James, declares for NBA draft and enters transfer portal.
Continue ReadingBy JENNIFER PELTZ Associated Press NEW YORK (AP) — Officials say an earthquake with a preliminary magnitude of 4.8 shook the densely populated New York City metropolitan area. Residents reported they felt rumbling across the Northeast on Friday morning. The quake was centered in New Jersey about 45 miles west of New York City and
Continue ReadingBY FARAI MUTSAKA Associated Press HARARE, Zimbabwe (AP) — Zimbabwe has launched a new currency to replace its previous one that in recent months has been battered by depreciation, and in some instances rejection by the population. Authorities hope the new measure will halt a currency crisis underlining the country’s yearslong economic troubles. Reserve Bank
Continue ReadingBy KAREN MATTHEWS Associated Press NEW YORK (AP) — New York City has agreed to pay $17.5 million to settle a lawsuit filed by two Muslim women who were forced to remove their head coverings to be photographed after they were arrested. The class-action lawsuit was filed in 2018 by Jamilla Clark and Arwa Aziz,
Continue ReadingMONCURE, N.C. (AP) — A small plane experiencing engine problems struck two vehicles as it landed on a highway near a North Carolina airport, but no injuries were reported, authorities said. The single-engine Lancair 360 with only the pilot on board landed near Raleigh Executive Jetport at Sanford-Lee County Airport in Sanford around 4:20 p.m.
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