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All 'View' co-hosts will salute Barbara Walters
Jordanian jets strike vehicles on Syrian border
US home building up in March after frigid winter
Euro zone inflation sticks in 'danger zone', keeps ECB under pressure
A drop in March euro zone inflation to its lowest level since November 2009 was confirmed on Wednesday, keeping pressure on the European Central Bank to intervene if prices do not rebound. The year-on-year inflation rate in the 18 countries sharing the euro was 0.5 percent in March, down from 0.7 percent in February, the European Union's statistics office Eurostat said. It was the sixth straight month that inflation remained in what ECB President Mario Draghi called a "danger zone" of below 1 percent. Core inflation, excluding energy, food, alcohol and tobacco dropped to 0.7 from 1.0 percent.
Wed, 16 Apr 2014 09:18:45 -0400
Russian economy hit by Ukraine turmoil
US factory output extended solid gains in March
WASHINGTON (AP) U.S. factory output rose further last month, extending strong growth from February after harsh weather had caused production to tumble in January. Manufacturers produced more furniture, clothing, chemicals and aerospace products. Wed, 16 Apr 2014 09:16:14 -0400
German Shepherd called to jury duty in New Jersey
BRIDGETON, N.J. (AP) At least one prospective juror in New Jersey could take a bite out of crime. Wed, 16 Apr 2014 09:14:41 -0400
US housing starts rise in March
New US home construction rose for a second straight month in March but building permits fell as the housing market was emerging from bad winter weather, official data showed Wednesday. New housing starts rose 2.8 percent from February, with construction getting under way at an annual pace of 946,000 units, the Commerce Department said. Compared with a year ago, housing starts were down 5.9 percent and building permits were up 11.2 percent.
Wed, 16 Apr 2014 09:14:25 -0400
Egyptian court jails 119 Mursi supporters
An Egyptian court sentenced 119 supporters of the Muslim Brotherhood of former president Mohamed Mursi to three years each in prison on Wednesday in connection with protests last October against his overthrow, judicial sources said. More than 50 people were killed in the Oct. 6 protests called by Mursi supporters, one of the bloodiest days since his overthrow by the military on July 3. The army-backed authorities have banned the Muslim Brotherhood and driven it underground, killing hundreds of its supporters in the weeks after Mursi was toppled and arresting thousands more. In another case, a court in southern Egypt sentenced 529 Mursi supporters to death last month.
Wed, 16 Apr 2014 09:11:21 -0400
U.S. housing starts up but miss forecasts; permits fall
U.S. housing starts rose but below market expectations and building permits fell in March, pointing to underlying weakness in the housing market that could persist despite improving weather. The Commerce Department said on Wednesday groundbreaking increased 2.8 percent to a seasonally adjusted annual rate of 946,000. "Given the weather, housing is still disappointing," said Scott Brown, chief economist at Raymond James in St. Petersburg, Florida. The housing market is under strain from higher mortgage rates and elevated house prices that are sidelining potential buyers.
Wed, 16 Apr 2014 09:11:09 -0400