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Home prices hit record highs in August

Published Tue, 05 Nov 2024 06:45:09 GMT

Home prices in Massachusetts hit record highs in August as limited inventory and higher mortgage rates continued their two-way squeeze on would be buyers.According to data released today by The Warren Group, a Massachusetts real estate industry tracker, median sales prices of single family homes hit an all-time high in August at $600,000.That’s up 6.2% from the year-ago median of $565,000.At the same time, single-family sales numbers remain down more than 20% in year-over-year figures. August sales numbered 4,397, according to the Warren Group, down 23.6% from the 5,753 tallied a year ago. And year-to-date sales were 27,055, down from 35,787 over the same period a year ago.“The hits keep coming for prospective homebuyers in Massachusetts,” said Cassidy Norton, Associate Publisher and Media Relations Director of The Warren Group. “The shrinking single-family inventory continues to push prices to new highs. Couple this with the fact that interest rates are nearly double where they wer...

Editorial: Pass police grant money. Now!

Published Tue, 05 Nov 2024 06:45:09 GMT

The BRIC is the brain Boston cannot afford to neglect. But that’s precisely what the dysfunctional City Council is attempting to do right now, and it must stop!Withholding millions in state grant money from the Boston Regional Intelligence Center (BRIC) is basically telling the gun-toting bad guys to keep on terrorizing.The BRIC is the investigative arm of the city’s police department. They are dispatched to every shooting and homicide in the city — including Sunday night’s gunplay in Dorchester that sent five to the hospital, including two juveniles.One of those youngsters is fighting for their life.Data science is real, and the City Council needs to stop playing politics with lives, allocate the grant money, and help bring some safety to the streets.City Councilor Michael Flaherty is pushing to suspend the rules and pass three grants for $850,000 apiece for the BRIC for the purposes of improving “technology and protocols related to anti-terrorism, anti-crime, ant...

Battenfeld: If Joe Biden quits, Kamala Harris will be no easy pushover

Published Tue, 05 Nov 2024 06:45:09 GMT

The forces are starting to align to push President Biden out of the way in 2024 – leaving understudy Kamala Harris as the next weak link on the Democratic chain.But despite Nancy Pelosi and Hillary Clinton’s best efforts, it won’t be so easy to push Harris out.The historic prospect of the first woman president – of Black and South Asian descent no less – taking office should buttress the vice president as she seeks the party mantle in the Oval Office.If Biden is forced to leave the White House early, and that seems more and more likely as every day goes by, that will give Harris time to establish herself before the election and reestablish her credibility with voters.The VP is a good debater – smacking down Biden in 2020, which Jill Biden has never forgotten – and was smart enough to refuse Biden’s offer to be border czar, leaving the president to shoulder the burden of the nation’s immigration disaster.It’s true Harris right now is even more unpopular than Biden, but that could cha...

Orioles aren’t taking the greatest turnaround in MLB history for granted: ‘We have nothing to lose’

Published Tue, 05 Nov 2024 06:45:09 GMT

What the Orioles are doing this season would have been inconceivable two years ago. That’s because it’s never been done.In 2021, the rebuilding Orioles were in their fourth straight year of futility, and the product on the field wasn’t any better than when the reboot began. That club lost 110 games — more than 100 for the third time in four years — and it appeared, at the time, that Baltimore’s rebuild would be longer and more painful than originally hoped.Underneath those teams, though, was an infrastructure that stayed the course, a farm system ready to burst. After a surprising emergence out of the American League East’s cellar last year, they’ve soared to the top of the circuit this year.The Orioles’ win over the Houston Astros on Monday was their 94th of the season — 42 more than they had in 2021. The improvement is the greatest in MLB history over a two-year span.“I mean, if you asked me two years ago?” ma...

Stock market today: Global shares mixed ahead of Federal Reserve interest rate decision

Published Tue, 05 Nov 2024 06:45:09 GMT

TOKYO (AP) — Global shares were mixed in cautious trading Tuesday ahead of the Federal Reserve’s upcoming decision on interest rates.France’s CAC 40 added 0.2% to 7,292.91 in early trading. Germany’s DAX fell nearly 0.1% to 15,716.61. Britain’s FTSE 100 was little changed, rising less than 0.1% to 7,659.91. The futures for the Dow Jones Industrial Average and the S&P 500were up less than 0.1%. The Fed is due to wrap up a two-day meeting on Wednesday. Japan’s central bank will meet Thursday-Friday amid speculation it might gradually begin to adjust its longstanding negative interest rate policy. Stocks have been see-sawing since early August on uncertainty about whether the Fed will finally end its hikes to interest rates. Higher rates have helped cool inflation from its peak last summer, but they also hurt prices for stocks and other investments while slowing the economy.Traders almost universally expect the Fed to keep rates steady at its meeting this we...

A Kenyan military helicopter has crashed near Somalia, and sources say all 8 on board have died

Published Tue, 05 Nov 2024 06:45:09 GMT

NAIROBI, Kenya (AP) — A military helicopter crash in Kenya near the border with Somalia has killed at least eight people, officials said Tuesday.It was not immediately clear what caused the crash in the county of Lamu in coastal Kenya. Kenyan defense forces operate in the area to help deter al-Qaida-linked extremists from the al-Shahab group, based across the border in Somalia.The Department of Defense said the Air Force helicopter crashed while on night patrol. It said a board of inquiry has been sent to the scene.A defense and a police officials, speaking on condition of anonymity because they were not authorized to speak to reporters, said all military personnel and crew on board the helicopter died.Kenyan troops are also in Somalia under the African Union Transition Mission in Somalia to help in fighting al-Shabab. The Kenyan forces deployed to Somalia in 2011, but there are now plans to withdraw the multinational forces as Somali troops take over responsibility for their countr...

Vatican considers child sexual abuse allegations against a former Australian bishop

Published Tue, 05 Nov 2024 06:45:09 GMT

CANBERRA, Australia (AP) — The Vatican is considering the findings of a church investigation into “very serious and deeply distressing” child sexual abuse allegations against a former Australian bishop, a church leader said on Tuesday.Christopher Saunders, now 73, resigned in 2021 as bishop of Broome, an Outback diocese of northwest Australia larger than France but with a population of only 50,000, after police announced they had dropped a sex crime investigation. He had stood down a year earlier after media reported the allegations.The church investigation into Saunders began last year after the police investigation ended, said Perth Archbishop Timothy Costelloe, president of the Australian Catholic Bishops Conference, the church’s most senior national leadership group.A report of the investigation, overseen by Brisbane Archbishop Mark Coleridge, had been sent to the Vatican where the Dicastery for the Doctrine of the Faith was continuing to investigate, Costelloe said.The Dicaster...

From London, Pakistan’s former Prime Minister Nawaz Sharif blames ex-army chief for his 2017 ouster

Published Tue, 05 Nov 2024 06:45:09 GMT

ISLAMABAD (AP) — Pakistan’s former Prime Minister Nawaz Sharif is claiming that the country’s former powerful military and spy chiefs orchestrated his ouster in 2017, when he was forced to step down after being convicted of corruption. Sharif spoke on Monday to leaders of his Pakistan Muslim League party via a video link from London, where he has been living in self-imposed exile since 2019. At the time — and though convicted on corruption charges, which he has always denied — Sharif was permitted to leave Pakistan for medical treatment abroad by the government of Imran Khan, who succeeded him as prime minister. After Sharif later failed to return, a court declared him a fugitive from justice. Sharif’s party said on Tuesday he will return next month ahead of parliamentary elections. After Khan was ousted in a no-confidence vote in April 2022, Sharif’s younger brother Shehbaz Sharif served as a prime minister until August, when he stepped down to allow an interim government to run da...

US defense chief urges nations to dig deep and give Ukraine more much-needed air defense systems

Published Tue, 05 Nov 2024 06:45:09 GMT

RAMSTEIN AIR BASE, Germany (AP) — Defense Secretary Lloyd Austin urged allied defense leaders Tuesday to “dig deep” and provide more air defense systems for Ukraine, to help the country block increasing barrages of Russian missiles. But while the allies said they will discuss how they can best help Ukraine’s counteroffensive, they appeared no closer to commitments on the longer-range missiles that Kyiv’s leaders insist they need.“Air defense is saving lives,” Austin said as he opened the meeting of the Ukraine Defense Contact Group at Ramstein air base in Germany. “So I urge this group to continue to dig deep on ground-based air defense for Ukraine. We must continue to push hard to provide Ukraine with air-defense systems and interceptors.”The group is made up of the defense and military leaders from more than 50 nations and is the main forum for raising contributions of weapons, other equipment and training for Kyiv’s war effort. It meets about once a month, in pe...

Spain to allow lawmakers to speak Catalan, Basque and Galician languages in Parliament for 1st time

Published Tue, 05 Nov 2024 06:45:09 GMT

MADRID (AP) — Spain’s Parliament is set to allow its national legislators to use the country’s minority languages of Catalan, Basque and Galician in national Parliament for the first time on Tuesday.The reform of the linguistic policy of Spain’s lower chamber was a demand of Catalan separatist parties to support the appointment of a Socialist as the new Parliamentary Speaker last month following inconclusive national elections in July.The right to speak languages other than Spanish in the national Parliament is a long-held objective of smaller parties from the regions in Spain’s north that have bilingual populations.The Parliament will provide simultaneous translation with earpieces for the 350 members of the chamber.The conservative opposition was against the reform, saying it would make debating more difficult.Spain’s government is also trying to have Catalan, Basque and Galician recognized as languages that can be used in the European Union.This support of Spain’s minority ...