There was a 0.9 percent drop in sales of existing homes in February from January, the National Association of Realtors reports. But, at an annualized rate of 4.59 million they were still up 8.8 percent from February 2011.
"The market is trending up unevenly," NAR chief economist Lawarence Yun concludes in a statement from the association.
The city of Forest Park is bringing back a popular program that offers all local residents a 50% discount to make home energy improvements. The city is partnering with the Greater Cincinnati Energy Alliance to provide homeowners a full home energy assessment and access to financial incentives, which can mean savings on utility bills. The Forest Park Residential Energy Efficiency Program was launched last year, during which time 50 homes received energy efficiency upgrades.
Kentucky's unemployment rate remained below 9 percent in February, dropping to 8.7 percent. That's down a tad from 8.8 percent in January, which marked the first time in three years that the jobless rate had been below 9 percent.
February was the eighth consecutive month that the rate has declined, according to the state Office of Employment and Training. However, the state's measure continued to lag the national rate, which remained at 8.3 percent.
Originally published on Fri March 23, 2012 10:28 am
President Obama will nominate Dartmouth College president, Jim Yong Kim, to head the World Bank. A physician and anthropologist by training and global-health expert, Kim's background makes him an out-of-the-box choice. He would become the first Asian American to head the important international funding organization.
"It's time for a development professional to lead the world's largest development agency," President Obama just said as he announced he is nominating Dartmouth College President Jim Yong Kim to head the World Bank.
Our original post:
"President Barack Obama will nominate Dartmouth College President Jim Yong Kim to head the World Bank," The Associated Press reports, citing "senior administration officials" as its sources.
On Saturday Louisiana holds its Republican presidential primary, and Friday all four remaining candidates will be campaigning in the state. Rick Santorum and Newt Gingrich, both of whom have won other Southern primaries, have been in and out of Louisiana all week, hoping to keep their slim chances at the GOP nomination alive with another win there.
Neither a balky sound system nor a gale that delayed Santorum's motorcade dampened the enthusiasm of members of the Mandeville Tea Party earlier this week.
Along with the word that U.S. Army Staff Sgt. Robert Bales will be formally charged with murder today for the deaths of unarmed Afghan men, women and children on March 11, was the news that the death toll had grown to 17. Until Thursday afternoon, U.S. military officials had consistently said that 16 people were killed.
As The Associated Press has reported, officials made the change without offering a public explanation for it.