AHN Sports Staff
Boston, MA, United States (AHN Sports) – Massachusetts Governor Deval Patrick doesn’t agree with Boston Bruins goalie Tim Thomas’s decision not to attend a meeting with President Obama at the White House. President Obama welcomed the Bruins to Washington earlier this week to honor the Stanley Cup champions. Thomas chose not to attend saying he was protesting a federal government that had “grown out of control, threatening the rights, liberties, and property of the people.” Governor Patrick said Thomas was entitled to his views but said he was disappointed in his decision not to go to the White House on the “Ask the Governor” show on WTKK-FM. “He’s a phenomenal hockey player [...] Continue Reading…
Mass. Governor Patrick disappointed in Bruins goalie’s snub of Obama
Posted by davidguide on January 31st, 2012
Mortgage rates hit another record low
Posted by davidguide on January 20th, 2012
Diane Alter – AHN News Reporter
New York, NY, United States (AHN) – Rates for U.S. 30 year mortgages dropped to the lowest level on record as the number of homeowners seeking to reduce their monthly payments soared. The average rate for a 30-year fixed loan for the week ending Jan. 19 fell to 3.88 percent, an all time record low, and down from 3.89 percent in the prior week, according to mortgage giant Freddie Mac. The average rate on 15-year mortgage edged up slightly, ending the current week at 3.17 percent, a hair higher than last week’s 3.16 percent. Refinancing applications soared 26 percent in the period ending Jan. 13, the highest level since August 2011, [...] Continue Reading…
Big hack attack on Israel inevitable, say experts
Posted by davidguide on January 9th, 2012
The Media Line Staff
Jerusalem, Israel David Rosenberg / The Med – The hacker attack that exposed the credit card numbers and other personal information of thousands of Israelis last week shows every sign of being an unsophisticated break-in that exploited the weaknesses of a poorly secured website. But experts warn that for Israel, like other highly networked economies, the worst is yet to come. Lone-wolf hackers have gradually gained the knowledge and experience once the preserve of intelligence agencies and armies. Instead of defacing websites or shutting them down by flooding them with e-mails, growing numbers of hackers have the ability to disrupt electricity, water, medical and other critical services, they say. “To shut down a major [...] Continue Reading…
U.S. stocks slip in early trading Wednesday after successful Italian debt auction
Posted by davidguide on December 29th, 2011
Diane Alter – AHN News Reporter
New York, NY, United States (AHN) – United States stocks slipped Wednesday after a successful auction of Italian debt gave European stocks a boost but failed to excite equity traders here in the states. Just after the opening bell on Wall Street, the Dow Jones Industrial Average was lower by 10 points, the Standard and Poor’s 500 Index fell 2 points, and the NASDAQ dropped 4 points. With little other news for investors to trade on in an otherwise quiet day for economic news, the success of the Italian bond sale was welcome, but light volume and lack of market participants failed to give U.S. markets a lift. Demand for Italian [...] Continue Reading…
Just a second: Butler rallies past Purdue on Andrew Smith’s late tip-in
Posted by davidguide on December 18th, 2011
Sam Klemet – AHN Sports Correspondent
Indianapolis, IN, United States (AHN Sports) – Butler dipped into its bag of magic tricks a little early this season. The Bulldogs, who are known for their heart stopping runs through the NCAA tournament in March, used an Andrew Smith tip-in with one second to play to beat in-state rival Purdue 67-65 in the Close the Gap Crossroads Classic, Saturday, in Indianapolis. “The play was for Roosevelt (Jones) to get the ball and drive it. If he had an open lane for the layup, go for it, if not, he’s just going to get it up on the rim and hopefully we could get an offensive rebound,” said Smith. “Fortunately Purdue did [...] Continue Reading…
Debt woes come back to haunt Dubai
Posted by davidguide on December 7th, 2011
The Media Line Staff
Dubai, United Arab Emirates David Rosenberg (The Medi – More than two years after one of its showcase companies announced a “standstill” on its loan repayments, signaling the end of a real estate-fueled boom, a mountain of debt continues to cast a long shadow over Dubai’s economy. Moody’s Investors Service brought the extent of the problem home in a report released Tuesday that sent local share prices falling. The credit-rating company estimated that even after two years of restructuring, refinancing and help from the neighboring emirate of Abu Dhabi, Dubai’s government and its state-owned companies owe some $101.5 billion. In fact, total debt may be higher because of the difficultly of getting data on [...] Continue Reading…
Mortgage rates approach record lows
Posted by davidguide on November 26th, 2011
Diane Alter – AHN News Reporter
New York, NY, United States (AHN) – Mortgage rates were down slightly this past week, approaching, but not quite hitting, the lowest mortgage rates on record. Adjustable-rate mortgages (ARMs), did reach new record lows. The initial interest rate on a five-year Treasury-indexed ARM dropped to 2.91 percent, Freddie Mac reported. That was lower than last week’s 2.97 percent, and it breaks the previous record low of 2.96 percent for five-year ARMs, set during the week of Oct. 6. Average rates on a 30-year fixed rate mortgage dipped to 3.98 percent, down from 4 percent. The average rate for the 15-year fixed home loan slipped to 3.30 percent, down from 3.31. Both are [...] Continue Reading…
Clinton sets out new U.S. focus
Posted by davidguide on November 15th, 2011
Washington, DC, United States (IRIN) – United States Secretary of State Hillary Clinton’s announcement that the American government now prioritizes creating an AIDS-free generation could be more than just political lip-service: it may also shape the next several years of US global health programming and funding, analysts say. Clinton’s 8 November speech at the National Institute of Health reflects recent scientific breakthroughs. She said a three-pronged approach – eliminating mother-to-child transmission of HIV, scaling up male circumcision procedures and expanding early treatment for people living with HIV and AIDS – offered a combination prevention strategy that would help reach the goal of having virtually no child born with HIV within three years. “It’s the first time the [...] Continue Reading…
America’s Growing Income Gap, by the Numbers
Posted by davidguide on November 4th, 2011
ProPublica Staff
Washington, DC, United States (ProPublica) – by Braden Goyette The nonpartisan Congressional Budget Office recently released a much-discussed study showing that over the past three decades the income of the highest-paid Americans has soared while the income of others has grown much more modestly. Here’s a rundown of some statistics illustrating the growing income gap. But first, some context. These numbers reflect income, not wealth. So a retiree who owns two houses and three cars may be far better off than someone with a higher annual income, two kids in college and a mortgage. It’s worth noting that income includes investment income and capital gains. Also, although a 2010 Organization for Economic Cooperation and Development [...] Continue Reading…
Flying high: Falcons defense prevails in victory over Lions
Posted by davidguide on October 24th, 2011
John Raffel – AHN Sports Correspondent
Detroit, MI, United States (AHN Sports) – The Atlanta Falcon defense knew what needed to be done to stop the dangerous Detroit Lions combination of Matthew Stafford-to-Calvin Johnson. To put it simply, they did get the job done. Quarterback Matt Ryan both ran and passed for a touchdown and threw for 218 yards to lead the Falcons over the Lions Sunday afternoon at Ford Field 23-16. The Falcons only allowed one Detroit touchdown, a 57-yard pass from Stafford to Johnson for a touchdown in the third quarter. “We knew we were in for a 60-minute battle today,” said Falcons coach Mike Smith. “We needed every man in our locker room [...] Continue Reading…
