National / International News

Murray beaten by Mayer in Qatar

BBC - Wed, 2014-01-01 11:03
Wimbledon champion Andy Murray lets a lead slip as he loses in three sets to Germany's Florian Mayer at the Qatar Open.

Editing Your Life's Stories Can Create Happier Endings

NPR News - Wed, 2014-01-01 11:00

Psychologists have found a simple way to improve academic performance and even health. When people sit down and write about a negative experience and they revise their story to see it in a more positive way, it changes their behavior and helps them succeed.

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Bill De Blasio Sworn In As New York City Mayor

NPR News - Wed, 2014-01-01 10:50

De Blasio, the first Democrat elected as mayor in two decades, rode the subway to his swearing in. In his inaugural speech, he promised "a new progressive direction in New York."

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Ariel Sharon's health deteriorates

BBC - Wed, 2014-01-01 10:33
Doctors say the condition of former Israeli Prime Minister Ariel Sharon, who has been in a coma since 2006, has worsened.

What will the housing market look like in 2014?

Marketplace - American Public Media - Wed, 2014-01-01 10:15

Home prices are rising in the Sun Belt and most big cities. Everybody talks about rising housing prices as a good thing, but it’s not so great for people trying to buy a house.

Part of the reason housing prices have taken off? Investors. Some from other countries, some from Wall Street. They've snapped up homes at bargain prices, then rented them out.  Investor interest sparked bidding wars in housing markets, which Anthony Sanders saw first-hand when he bid on a house in the Virginia suburbs of Washington several years ago.

“I just happened to have one Chinese investor literally arrive at the house at the same time I did," he says. "And we almost had a foot race to the door. Fortunately, I’m faster.”

Sanders knows a thing or two about the housing market. He teaches real-estate finance at George Mason University, and says the bidding wars are producing bubbles in the hottest housing markets, like Los Angeles, San Diego and Charlotte.   

“That’s where the bubbles are forming," he says. "They’re old bubble cities, that are re-bubbling.”

Sanders’s fast footwork got him the house, by the way.

Economist Svenja Gudell, the director of economic research at Zillow, watches housing bubbles carefully. Because lenders stopped making shaky loans, and the bubbles are confined to the most expensive cities, Gudell doesn't expect another housing crash.

Plus, more houses are on the market. Fewer people are underwater – owing more than their houses are worth -- so they’re selling.  “You have more banks selling their foreclosures and you have more people freed from being underwater," she says. "So supply will increase.”

Gudell says as housing supply increases, prices will cool, and expects home values to rise 3 to 5 percent in 2014, as opposed to 2013's 7 percent.

Patrick Newport, a housing economist with IHS, agrees that prices won’t go up as much this year. His prediction? "A [housing] slowdown in 2015, and then going forward, prices growing maybe one or two percent above the rate of inflation.”

That's about the normal rate of growth, according to Newport. Low enough to banish housing bubbles — and housing bidding wars.

Devon battered by severe weather

BBC - Wed, 2014-01-01 10:09
Severe weather has caused flooding in many parts of Devon prompting a number of rescues from cars and a swollen river.

Blast Rips Through Minneapolis Apartment Building

NPR News - Wed, 2014-01-01 10:05

At least 13 victims have injuries ranging from burns to trauma suffered from jumping out windows.

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NHS campaigner suffers online abuse

BBC - Wed, 2014-01-01 10:03
Stafford Hospital campaigner Julie Bailey suffers online abuse after becoming a CBE in the New Year Honours list.

Arsenal 2-0 Cardiff City

BBC - Wed, 2014-01-01 10:03
Nicklas Bendtner and Theo Walcott score inside the last three minutes against Cardiff to keep Arsenal top of the Premier League.

Liverpool 2-0 Hull City

BBC - Wed, 2014-01-01 09:51
Liverpool get their quest for a top-four finish back on track with a comfortable home victory over Hull.

Southampton 0-3 Chelsea

BBC - Wed, 2014-01-01 09:44
Fernando Torres scores the first away league goal by a Chelsea striker in 13 months as Southampton are beaten.

VIDEO: Are vinyl records making a comeback?

BBC - Wed, 2014-01-01 09:35
Steve Evans reports on the demand for vinyl in Germany, despite the popularity of digital music downloads.

Rain and winds bring new year misery

BBC - Wed, 2014-01-01 09:29
Heavy rain and strong winds start to disrupt road and rail travel as bad weather moves across Wales on New Year's Day, with warnings of more to come

Iraq's 2013 death toll 'hits 8,868'

BBC - Wed, 2014-01-01 09:29
The United Nations says at least 7,818 civilians and 1,050 members of the security forces were killed in violent attacks across Iraq in 2013.

Iran embassy bombing suspect 'held'

BBC - Wed, 2014-01-01 09:27
The head of a jihadist group behind the suicide bomb attack on the Iranian embassy in Lebanon in November is arrested, reports say.

Serious sex attack in Edinburgh

BBC - Wed, 2014-01-01 09:22
A 21-year-old woman is the victim of a serious sexual assault in Edinburgh in the early hours of New Year's Day.

Eastern European migrant curbs end

BBC - Wed, 2014-01-01 09:13
Bulgarian and Romanian citizens are free to live and work in the UK after temporary controls ended, as a few early arrivals are met by MPs.

Stag attack woman has throat surgery

BBC - Wed, 2014-01-01 09:10
A woman who was seriously injured when she was gored by a stag in the Highlands undergoes an operation to try to repair her windpipe.

Pope urges tolerance to end violence

BBC - Wed, 2014-01-01 09:04
Pope Francis calls for the world to unite against violence as a "community of brothers" in his first New Year blessing.

Colorado's Turning Over A New Leaf: Recreational Pot

NPR News - Wed, 2014-01-01 08:41

As of Wednesday, licensed stores in Colorado can sell recreational marijuana, making it the first state to control and regulate a legal recreational marijuana industry.

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