There was a 0.9 percent drop in sales of existing homes in February from January, the National Association of Realtors reports. But, at an annualized rate of 4.59 million they were still up 8.8 percent from February 2011.
"The market is trending up unevenly," NAR chief economist Lawarence Yun concludes in a statement from the association.
Originally published on Fri March 23, 2012 10:28 am
President Obama will nominate Dartmouth College president, Jim Yong Kim, to head the World Bank. A physician and anthropologist by training and global-health expert, Kim's background makes him an out-of-the-box choice. He would become the first Asian American to head the important international funding organization.
"It's time for a development professional to lead the world's largest development agency," President Obama just said as he announced he is nominating Dartmouth College President Jim Yong Kim to head the World Bank.
Our original post:
"President Barack Obama will nominate Dartmouth College President Jim Yong Kim to head the World Bank," The Associated Press reports, citing "senior administration officials" as its sources.
On Saturday Louisiana holds its Republican presidential primary, and Friday all four remaining candidates will be campaigning in the state. Rick Santorum and Newt Gingrich, both of whom have won other Southern primaries, have been in and out of Louisiana all week, hoping to keep their slim chances at the GOP nomination alive with another win there.
Neither a balky sound system nor a gale that delayed Santorum's motorcade dampened the enthusiasm of members of the Mandeville Tea Party earlier this week.
Along with the word that U.S. Army Staff Sgt. Robert Bales will be formally charged with murder today for the deaths of unarmed Afghan men, women and children on March 11, was the news that the death toll had grown to 17. Until Thursday afternoon, U.S. military officials had consistently said that 16 people were killed.
As The Associated Press has reported, officials made the change without offering a public explanation for it.
The two most powerful entities in the housing market — Fannie Mae and Freddie Mac — could be on the verge of a significant change regarding foreclosures. NPR and ProPublica have learned that both firms have concluded that giving homeowners a big break on their mortgages would make good financial sense in many cases.
Thousands of people are expect to descend on the Mall in Washington, D.C., on Saturday to celebrate not believing in God. It's being called a sort of "Woodstock for Atheists," a chance for atheists to show their power in numbers and change their image.
The "Reason Rally" could attract up to 30,000 people; organizer David Silverman says it marks a coming-of-age for nonbelievers.
"We'll look back at the Reason Rally as one of the game-changing events when people started to look at atheism and look at atheists in a different light," Silverman says.