LAGOS, Nigeria (AP) — An official says two Nigerian journalists have been freed after being detained without charges for more than a week by the nation's secret police following writing stories about a radical Islamist sect and alleged military abuses.Mohammed Garba, president of the Nigerian Union of Journalists, said Tuesday that Musa Mohammed Awwal and Aliyu Saleh, journalists with the weekly Hausa...
C. African Republic capital fears rebel attack
Labels: WorldBANGUI, Central African Republic (AP) — Kpademona Marcel and other residents of the capital of Central African Republic have watched in fear as rebels from the country's north seized control of more than half the country in less than a month. On Tuesday, all he could do was pray that a solution to the crisis could be found without the violence reaching Bangui."We are afraid for our nation and for...
Stampede after fireworks kills 61 in Ivory Coast
Labels: WorldABIDJAN, Ivory Coast (AP) — A crowd stampeded after leaving a New Year's fireworks show early Tuesday in Ivory Coast's main city, killing 61 people — many of them children and teenagers — and injuring more than 200, rescue workers said.Thousands had gathered at the Felix Houphouet Boigny Stadium in Abidjan's Plateau district to see the fireworks. It was only the second New Year's Eve fireworks display...
Angola: Stampede kills 10 at religious gathering
Labels: WorldJOHANNESBURG (AP) — Angolan media say 10 people, including four children, have died in a stampede during a religious gathering at a sports stadium in Luanda, the Angolan capital.Angop, the Angolan news agency, cited officials as saying Tuesday that 120 people were also injured. The incident happened on New Year's Eve when tens of thousands of people gathered at the stadium and panic ensued. Faustino...
South Africa: Mandela rests at home
Labels: WorldJOHANNESBURG (AP) — South Africa's presidency says former leader Nelson Mandela is progressing with his recuperation from illness and doctors are closely monitoring his condition.Presidential spokesman Mac Maharaj said Wednesday that "everything is moving OK" as 94-year-old Mandela rests at his home in Johannesburg after a hospital stay last month.The former president received treatment for a lung...
Jan
03
US home sales rise 2.1 percent in October
Labels: BusinessWASHINGTON (AP) — U.S. sales of previously occupied homes rose solidly in October, helped by improvement in the job market and record-low mortgage rates.The increase along with a jump in homebuilder confidence this month suggests the housing market continues to recover.The National Association of Realtors said Monday that sales rose 2.1 percent to a seasonally adjusted annual rate of 4.79 million....
News Summary: US home sales rise 2.1 pct. in Oct.
Labels: BusinessSALES RISE: U.S. sales of previously occupied homes rose moderately in October, helped by improvement in the job market and record-low mortgage rates. Sales rose 2.1 percent in October to a seasonally adjusted annual rate of 4.79 million according to the National Association of Realtors.INVENTORIES: A decline in housing inventory is helping push prices higher. There were only 2.14 million homes available...
News Summary: US 30-yr mortgage rate at record low
Labels: BusinessRATES AT RECORD LOW: Average U.S. mortgage rates fell to fresh record lows this week, a trend that is boosting home sales.THE NUMBERS: Mortgage buyer Freddie Mac said the average 30-year loan rate dipped to 3.31 percent, the lowest on records dating back to 1971. The average on the 15-year fixed mortgage dropped to 2.63 percent, also a record.HOUSING RECOVERY: Home sales and construction are rising,...
Retirement Savings Plan Reality: Save More
Labels: BusinessThere's a buzz building in California over a state move to create a retirement savings plan for private employees with no workplace 401k. It might seem that everyone has plenty of access to a retirement savings plan, but at least a third of U.S. households get to retirement with just Social Security to back them up, reports MarketWatch.The "pioneering" part of such a retirement savings plan would...
US home sales surge to highest level in 3 years
Labels: BusinessWASHINGTON (AP) — U.S. sales of previously occupied homes jumped to their highest level in three years last month, bolstered by steady job gains and record-low mortgage rates. The report was the latest sign of a sustained recovery in the housing market.The National Association of Realtors said Thursday that sales rose 5.9 percent to a seasonally adjusted annual rate of 5.04 million in November. That's...
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