Paul Wiseman, Ap Economics Writer Updated 7:58 am PDT, Tuesday, July 23, 2019 FILE - In this Wednesday, June 19, 2019, file photo, a cargo ship is docked at the Port of Los Angeles, in Los Angeles. The International Monetary Fund is downgrading its outlook for the world economy because of simmering international trade tensions. But at the same time, the fund is slightly boosting its forecast for U.S. economy in 2019, citing expectations that the Federal Reserve will cut interest rates. less FILE - In this Wednesday, June 19, 2019, file photo, a cargo ship is docked at the Port of Los Angeles, in Los Angeles. The International Monetary Fund is downgrading its outlook for the world economy because ... more Photo: Marcio Jose Sanchez, AP Photo: Marcio Jose Sanchez, AP Image 1 of / 1 Caption … [Read more...] about IMF sees a weaker global economy but upgrades US forecast
Kid Rock lists Detroit home for $2.2 million
Adam Graham The Detroit News Published 10:58 AM EDT Jul 23, 2019 Kid Rock's stately Detroit home is on the market. The six-bedroom, 6,000-square-foot home, located on Dwight and nestled against the Detroit River, was listed Monday for $2.2 million. Rock purchased the home, which sits just across the river from the Detroit Yacht Club on Belle Isle, in January 2012. Its purchase price was never made public, but before the sale, it had been listed for $465,000. Rock, whose real name is Robert Ritchie, made several renovations to the property, according to the home's listing. Those improvements include an "impressive boathouse with an outdoor shower," a new break wall, an attached two-car heated garage, two outdoor televisions and a state-of-the-art entertainment system. The Colonial, which was built in 1930, is just a few doors down from Detroit's Manoogian Mansion. [email protected] @grahamorama … [Read more...] about Kid Rock lists Detroit home for $2.2 million
US home sales fall 1.7% with prices high and supply low
Josh Boak, Ap Economics Writer Updated 9:50 am CDT, Tuesday, July 23, 2019 In this Friday, July 19, 2019 photo, a for sale sign is posted in front of a home in Miami. On Tuesday, July 23, the National Association of Realtors reports on sales of existing homes in June. In this Friday, July 19, 2019 photo, a for sale sign is posted in front of a home in Miami. On Tuesday, July 23, the National Association of Realtors reports on sales of existing homes in June. Photo: Lynne Sladky, AP Photo: Lynne Sladky, AP Image 1 of / 1 Caption Close Image 1 of 1 In this Friday, July 19, 2019 photo, a for sale sign is posted in front of a home in Miami. On Tuesday, July 23, the National Association of Realtors reports on sales of existing homes in June. In this Friday, July 19, 2019 photo, a … [Read more...] about US home sales fall 1.7% with prices high and supply low
Journalist Maria Ressa goes on trial in the Philippines
High profile journalist Maria Ressa went on trial Tuesday on criminal libel charges in the Philippines. She and her supporters say the case is nothing more than a government attempt to silence a free press. Ressa and press freedom advocates around the world believe controversial President Rodrigo Duterte's government had the journalist arrested in retaliation for critical reporting on the website Rappler, which Ressa founded. That reporting includes coverage of the deadly war on drugs launched by Duterte, which has led to more than 5,000 people being killed over the last three years. That is just the official tally -- in reality the toll could be many thousands more. The policy has drawn international condemnation, and as CBS News correspondent Holly Williams reported on Tuesday, Duterte himself has previously suggested that some journalists are legitimate targets for assassination, and called reporters "spies."Ressa was named one of Time magazine's people of the year in 2018 for her … [Read more...] about Journalist Maria Ressa goes on trial in the Philippines
Rockets agree to deal with guard Ben McLemore
By Jonathan Feigen, Houston Chronicle Updated 9:54 am CDT, Tuesday, July 23, 2019 PHOTOS: Things to know about Russell Westbrook LOS ANGELES, CA - DECEMBER 30: Ben McLemore #23 of the Sacramento Kings guards Brandon Ingram #14 of the Los Angeles Lakers at Staples Center on December 30, 2018 in Los Angeles, California. Lakers won 121-114. (Photo by John McCoy/Getty Images) >>>See everything you need to know about Russell Westbrook ... less PHOTOS: Things to know about Russell Westbrook LOS ANGELES, CA - DECEMBER 30: Ben McLemore #23 of the Sacramento Kings guards Brandon Ingram #14 of the Los Angeles Lakers at Staples Center on December 30, ... more Photo: John McCoy/Getty Images Photo: John McCoy/Getty Images Image 1 of / 22 Caption Close Image 1 of 22 … [Read more...] about Rockets agree to deal with guard Ben McLemore