Global meltdown pushes India’s textile workers back into poverty, threatens future generationCOIMBATORE, India — The trouble began far away from the leaky concrete house and stand of banana trees that Sakunthala Radhakrishnan calls home. Universities finding extra housing space in condos left vacant by housing market crashPROVIDENCE, R.I. — River views, granite countertops, stainless-steel appliances, 9-foot ceilings. This is student housing? 4 simple ways to save pennies and get your house ready for summerCHICAGO — Flowers are blooming and the sun’s rays are streaming through your windows — making clear by the streaks on the glass and dust in the air just how dirty the house really is. Leafy English village sold, 21 cottages and a manor house included, to unidentified buyerLONDON — The leafy English village of Linkenholt with its 21 cottages and a manor house has found a buyer. Victims of Iraq soldier shootings arrived at US military clinic along widely different pathsThe paths that brought six men together in a Baghdad military clinic traced across the globe, from South America to rural Missouri, from the islands of Alaska to deepest Antarctica, before intersecting in a tragic shooting spree. Differing ideas of duty, service led 5 victims to Iraq clinic where they were gunned downThe paths that brought six men together in a Baghdad military clinic traced across the globe, from South America to rural Missouri, from the islands of Alaska to deepest Antarctica, before intersecting in a tragic shooting spree. House passes bill that seeks to improve Pentagon weapons buying practicesWASHINGTON — The House on Wednesday took on the perennial Pentagon tendency to buy weapons systems that end up costing far more than originally anticipated and needing far more time than expected to reach the troops. FACT CHECK: Housing, jobs data at odds with anecdotes cited in Biden’s first stimulus reportWASHINGTON — In his first quarterly report on the nation’s stimulus package, Vice President Joe Biden uses anecdotes to paint a glowing picture of an economy on the rebound. In reality, the picture is incomplete and the colors far more muted. Spanish conservatives to fight PM on proposal to phase out tax breaks for homeownersMADRID — Spain’s conservative opposition leader vowed Wednesday to fight the prime minister on a proposal to phase out tax breaks for most homeowners in 2011 as a way to get people to buy houses now and stimulate the ailing economy. Trade, housing data showing some stability at very low levels; labor market weakness persistsWASHINGTON — Despite weak performances in three areas — trade, home sales and job openings — the U.S. economy appears closer to stabilizing, though at low levels, economists said. Median home prices fall in most metro areas, recovery hinges on first-time buyers, jobs marketWASHINGTON — Home prices fell in nearly nine out of every 10 U.S. cities in the first quarter of this year as first-time buyers looking for bargains dominated the market. UK opposition leader orders party leader to pay back excessive expensesLONDON — Britain’s primary opposition leader banned members of his party Tuesday from filing expense claims for food and household items amid public outrage after lawmakers sought reimbursements for items such as swimming pool construction and tennis court upkeep. Median home prices fell in 88 percent of US metropolitan areas in first quarter of 2009WASHINGTON — Home prices fell in nearly nine out of every 10 U.S. cities in the first quarter of this year as first-time buyers looking for bargains dominated the market. Gazans build mud-brick homes as Israel refuses to allow materials into blockaded stripRAFAH, Gaza Strip — The dirt under Yousef Hamida’s feet has become an unlikely resource: He is using it to build a home, a result of Israel’s refusal to allow construction materials into the Gaza Strip. AP IMPACT: Housing crisis focuses on Sunbelt, but plenty of empty homes in America’s Rust BeltCINCINNATI — Meet the forgotten housing crisis. Stocks add to already big gains following rise in pending home sales, construction spendingNEW YORK — Investors are rushing into stocks Monday as surprise increases in pending home sales and construction spending offered the latest signs that the economy is stabilizing. Housing crisis focuses on Sunbelt, but plenty of empty homes piling up in America’s Rust BeltCINCINNATI — Meet the forgotten housing crisis. Pending home sales rise 3.2 percent in March in second straight month of increasesWASHINGTON — There was another ray of hope Monday for the distressed housing market: the National Association of Realtors said the volume of signed contracts to buy previously occupied homes rose for the second month in a row. A day in the recession: Job hunting, a free meal, an auction, _ and a prayerIt’s a rainy spring morning and Tamara Ogier plants herself at a table in a Spartan room in the Atlanta federal courthouse, computer and tape recorder at hand, ready to hear another day’s stories of financial ruin. Meltdown 101: Low average mortgage rates released weekly by Freddie Mac don’t apply to allEvery week, mortgage finance giant Freddie Mac releases average rates on four types of home loans, including 30-year fixed rate mortgages — the most popular type of loan for home buyers. The Edge’s plan to build 5 eco-friendly homes in Malibu riles residentsMALIBU, Calif. — A few years ago, U2 guitarist The Edge went for a hike, and there in the golden hills overlooking Malibu’s cerulean waters, he finally found what he was looking for. World famous but nearly unknown, Nazareth offers more than churchesNAZARETH, Israel — When Pope Benedict XVI pays a visit next month to the town where Jesus grew up, he will bring brief attention to a Holy Land destination that is at once world famous and unjustly overlooked. Hesitant would-be homebuyers could make the busiest home selling season the slowest in yearsWith white tin ceilings, original woodwork, bay windows, and a $699,000 price tag, the two-bedroom apartment at 719 Carroll St. in Brooklyn would have been snatched up in a New York minute a couple of years ago. Belatedly, White House aide at center of NYC probe pays architect for home renovation jobNEW YORK — A New York City politician now with the Obama administration is trying to defuse suggestions that he took favors from an architect who needed city approval for a development project. Mortar attack on Somali parliament misses building, hits homesMOGADISHU, Somalia — A mortar attack on the Somali parliament missed the building and hit a nearby residential neighborhood Saturday in Mogadishu, the city’s police chief said. White House says Obama was ‘briefly relocated’ during White House lock downWASHINGTON — The White House says President Barack Obama was “briefly relocated” after a single-engine airplane strayed into restricted air space near the U.S. Capitol on Friday. Stocks hold gains as home sales top expectations; Ford results buoy enthusiasm about economyNEW YORK — Stocks are higher as the government says new U.S. home sales slipped last month, but still topped expectations. Jobless claims rise while homes sales drop; recession may be slowing but recovery far offWASHINGTON — Worse-than-expected news on unemployment and home sales Thursday dampened optimism that a broad economic recovery might be near. Existing home sales fall 3 percent in March; prices plunge 12 percentWASHINGTON — First-time homebuyers looking for bargains snapped up about half of all homes sold last month, but the spring selling season is getting off to a lackluster start with sales falling more than expected from February levels. ‘Blues Brother’ actor on mission to help New Orleans’ neighborhood rebuild after KatrinaNEW ORLEANS — Add Dan Aykroyd’s name to the list of celebrities helping New Orleans rebuild neighborhoods devastated by Hurricane Katrina. |
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