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Economists comment on the state of housing as homebuyers face high rates and borrowing costs this spring.
A report into a building fire that killed 76 people in South Africa last year has concluded that city authorities should be held responsible because they were aware of serious safety issues at the rundown apartment block at least four years before the blaze. The nighttime fire at the five-story building in downtown Johannesburg on Aug. 31 was one of South Africa's worst disasters. Retired Judge Sisi Khampepe was put in charge of the inquiry, which began in October.
Shah Capital, which currently owns a near 7.5% stake in Novavax and is its third-largest shareholder, reiterated that the company was "undervalued and continues to suffer from poor profitability". The top shareholder had expressed concerns about mismanagement at the Maryland-based biotech and nominated two of its own candidates for the board last month. It had also urged Novavax to adopt a marketing strategy to target consumers who are hesitant to receive mRNA vaccines.
Mozambique's ruling FRELIMO party has announced Daniel Chapo will be its presidential candidate in an election scheduled for October. FRELIMO has governed the southern African country since gaining independence in 1975 and hopes Chapo will lead the party to another victory in the Oct. 9 election. "The soap opera of speculation is over, including speculation about the third term," President Filipe Nyusi said on state television on Sunday, dismissing the prospect of contesting elections again.
U.S. Marines and their Filipino counterparts darted out of Black Hawk helicopters during combat drills Monday in the Philippines’ northernmost island town, along the strategic Bashi Channel off southern Taiwan. The show of allied battle readiness in Itbayat in Batanes province is part of annual military exercises that started last month, dubbed Balikatan, Tagalog for “shoulder-to-shoulder,” and involving more than 16,000 American and Philippine military personnel.
NEW YORK — Donald Trump’s criminal trial in Manhattan has reached the third week of testimony, and there are only a few key witnesses who have yet to take the stand. There is Stormy Daniels, the porn actor who accepted hush money in the waning days of the 2016 presidential campaign to keep silent about her story of having had sex with Trump a decade earlier. There is Michael Cohen, the Trump fixer who made that payment and is expected to be crucial for the prosecution. And there are several empl
Israel's military on Monday called for the evacuation of Palestinians from eastern Rafah ahead of a ground invasion of the city, as Gaza aid officials said Israeli jets struck two areas where the warning had been issued. Gazan civil defence and aid officials said on Monday that Israeli jets had struck Al-Shuka and Al-Salam, among other areas, both of which were told to evacuate the day before.
Struggling French tech group Atos, an Olympics partner and key French defence contractor, said on Monday it would choose between rivals offers for a financial rescue by May 31.Atos said on Monday its board had received four financial restructuring offers the previous day.
WASHINGTON — Democrats are preparing an aggressive new immigration strategy months after Republicans blocked a bipartisan border security bill aimed at easing record-high illegal crossings along the southern border, according to officials who discussed the plans with NBC News.
As an Israeli assault on Gaza's southern city of Rafah displaced Palestinians have set up a tent school to help educate children.
CHICAGO — The University of Chicago has built a brand around the idea that its students should be unafraid to encounter ideas or opinions they disagree with. To drum that in, the school provides incoming students with copies of its 2014 free-speech declaration, known as the “Chicago Statement,” which states that freedom of expression is an “essential element” of its culture. And the university has long adhered to a policy of institutional neutrality, which strongly discourages it from divesting
As they navigate a tough 2024 map to maintain their slim Senate majority, Democrats are attempting to frame a key race in Montana around issues with unique resonance in the state: authenticity and access to public land.
European Commission President Ursula von der Leyen said on Monday that the EU would not shrink back from taking tough measures to protect its economy and security, amid tense trade relations with China."Europe will not waver from making tough decisions needed to protect its economy and its security," she said.
Germany said Monday it recalled its ambassador to Russia for a week of consultations in Berlin following an alleged hacker attack on Chancellor Olaf Scholz’s party. Germany last week accused Russian military agents of hacking into the top echelons of Scholz's Social Democrats’ party and other sensitive government and industrial targets. Berlin has joined NATO and fellow European countries in warning that Russia’s cyberespionage would have consequences.
The body of a five-year-old boy was recovered from floodwaters near Fort Worth, Texas, on Sunday, as search and rescue teams statewide continue to patrol streets and neighborhoods inundated by rainfall.
The EU said Monday it will drop action started against Poland six years ago over rule-of-law concerns that could have led Warsaw to lose its vote in the bloc's affairs, an announcement welcomed by the Polish government."There is no longer a dark shadow over us," she told private broadcaster TVN. The Article 7 procedure was started because of controversial moves by Poland's previous right-wing government, including creating a special disciplinary chamber with power over the country's judges and a
MIAMI — After years of living in dorms and subpar apartments, Lisa Li could not wait to close on her new home. The one-bedroom condo in Miami’s financial district had a view of the river, was in a safe neighborhood and, Li heard, had neighbors who were much like her — less party, more chill. So Li, 28, who came to the United States 11 years ago as a college student from China, put in an offer, had her bid accepted and began ordering furniture. Then things took a sharp turn. At the last minute, t
Stocks rallied at the end of last week, getting a boost from a "Goldilocks" jobs report
Since late last month, Gov. Kristi Noem of South Dakota has been the subject of fierce bipartisan attacks for her decision to shoot and kill her family dog, a 14-month-old German wirehaired pointer named Cricket. Noem has repeatedly defended her actions, which are detailed in her forthcoming memoir, in which she says the dog was “aggressive,” “untrainable” and “dangerous to anyone she came in contact with.” On Sunday, she suggested that President Joe Biden should have considered killing his own
LONDON (Reuters) -Scottish National Party (SNP) veteran John Swinney was confirmed the party's new leader on Monday and is set to succeed Humza Yousaf as the country's first minister after he emerged as the sole contender in the leadership race for a new premier. Yousaf, who had become the first Muslim to lead a democratic western European nation in March 2023, resigned last week after his decision to end a coalition with the Green Party backfired, triggering a contest to pick his replacement. Shortly after midday on Monday, the deadline for other contenders to join the race, the SNP confirmed Swinney as the new leader, ending uncertainty around a possible weeks-long process that would have ensued if there were more candidates.
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