Lower mortgage rates would help boost home shoppers’ purchasing power. But many economists’ forecasts call for the average rate on a 30-year home loan to remain above 6% this year.
Nation & World
National and world news from the Portland Press Herald.
Posted inBusiness, Health, Nation & World
Moderna slashes research budget as vaccine sales disappoint
The company is slowing its pace of studying new treatments in part because of recent commercial challenges.
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Posted inNation & World, News
Ukraine says Russia has begun counteroffensive in Kursk border region
Ukraine launched its daring incursion into Kursk in August, partly in the hopes Russia would divert troops there from Donetsk in eastern Ukraine where a push by the Russian army is threatening to overrun a belt of key defensive strongholds.
Posted inHealth, Nation & World
Gaza is vaccinating against polio. Is the virus a threat to the U.S.?
A campaign is ongoing to vaccinate children in Gaza after its first polio case in 25 years. The threat to the United States is only in communities with low vaccination levels.
Posted inNation & World
Peru’s former President Alberto Fujimori, dies at 86
Alberto Fujimori, who governed with an increasingly authoritarian hand from 1990-2000, was pardoned in 2023 from his convictions for corruption and responsibility for the murder of 25 people.
Posted inArts & Entertainment, Nation & World
Taylor Swift and Sabrina Carpenter win at MTV Video Music Awards, Chappell Roan gets medieval
The MTV Video Music Awards returned Wednesday night with a whole lot of Taylor Swift.
Posted inElection 2024, Nation & World, Politics
Trump faces his own debate fallout just months after benefiting from Joe Biden’s
Just 55 days before the election, the Republican presidential candidate has emerged from a rocky contest against his Democratic rival, Kamala Harris, looking to regain his footing.
Posted inNation & World, News
Hurricane Francine makes landfall in Louisiana as a Category 2 storm
President Biden granted an emergency declaration that will help Louisiana secure federal money and logistical assistance from partners such as the Federal Emergency Management Agency.
Posted inNation & World, News
Biden ‘outraged’ by U.S. activist’s death; Israel kills dozens in Gaza strikes
Witnesses say Aysenur Eygi, 26, was fatally shot in the head last week by Israeli soldiers who opened fire while she was participating in a protest of illegal settlements in the occupied West Bank.
Posted inNation & World, News
As U.S. and Ukraine debate arms restrictions, Blinken visits Kyiv
Ukrainians argue that being empowered to use the weaponry against Russian territory would reduce the threat from Russia by forcing it to pull key forces deeper inside its country.