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The US is short 10 million houses. A new White House report lays out a blueprint to fix that
WASHINGTON (AP) — White House economists estimate the United States has a shortage of 10 million houses, according to a new report out Monday — and say regulatory cuts could lead to more construction to stabilize prices, increase home ownership and fuel faster economic growth.The analysis, part of the Economic Report of the President, outlines both a political risk and a messaging opportunity for President Donald Trump, whose public approval has slumped because of concerns about his tariffs, the Iran war and his unfulfilled promises to slash inflation and unleash stronger... Read More
The Latest: Trump vows to 'kill' Iranian warships that get near US blockade
The U.S. military announced it will begin a blockade of all Iranian ports and coastal areas on Monday, tempering U.S. President Donald Trump’s previous vow to entirely block the strategic Strait of Hormuz, as early reports indicated that ships had stopped crossing the waterway.However, Trump warned on social media that any Iranian warships that come “anywhere close” to the U.S. blockade will be destroyed. It wasn’t clear whether the blockade had started by the designated time of 10 a.m. EDT.
The move sets the stage for a showdown as Iran has responded with... Read More
Hollywood leaders, theater owners gather at CinemaCon at a critical time in the industry
LAS VEGAS (AP) — The future of theatrical moviegoing is at a critical moment. More people have been going to movie theaters this year than last, but the foundation is delicate.Annual domestic box-office grosses are still down about 20% from pre-pandemic levels, competition from streaming has only intensified and there are very real worries about what consolidation might mean for the release schedule as Warner Bros. stares down new ownership under Paramount.
It’s under these precarious conditions that Hollywood executives and movie theater owners are gathering this... Read More
A $500,000 payday awaits the No. 1 WNBA pick as the Dallas Wings go on the clock again
NEW YORK (AP) — A $500,000 payday awaits the No. 1 WNBA pick as the Dallas Wings go on the clock again.Whoever Dallas chooses at No. 1 will see a huge salary bump her first year thanks to the new collective bargaining agreement that was ratified last month. That's nearly seven-times what last season's No. 1 pick Paige Bueckers made. The No. 2 and No. 3 picks will get $466,913 and $436,016, respectively.
Second- and third-round picks will make $270,000 — which is more than the previous maximum salary in the old CBA.
The Wings could take guard Azzi Fudd... Read More
Bucks' disappointing finish leads to an uncertain offseason regarding Giannis Antetokounmpo's future
MILWAUKEE (AP) — The postseason is starting without the Milwaukee Bucks for the first time in a decade.How soon Milwaukee gets back to the playoffs could depend on an offseason that’s shaping up to be among the most critical in franchise history due to Giannis Antetokounmpo’s uncertain future.
Has the two-time MVP played his last game in a Bucks uniform?
“I don’t know,” Antetokounmpo said Sunday after a 126-106 loss at Philadelphia that capped the Bucks’ 32-50 season. “It’s not up to me. We’ll see.”
Antetokounmpo, 31, has... Read More
Top Stories
- Pope starts Africa tour in Algeria and calls for peace against Iran war's backdrop
- Oil rises back above $100, but US stocks hold steady as hopes continue for US-Iran talks
- Judge dismisses Trumpâs $10B lawsuit against WSJ, Murdoch over reporting on ties to Epstein
- Péter Magyar says heâd speak with Putin if called, and ask him to end the killing in Ukraine
- Magyar wants to take over as Hungary's prime minister as early as May 5
- US military is poised to blockade Iranian ports, while Tehran threatens ports in the Mideast
- Israel and Hezbollah clash in strategic Lebanese village ahead of official talks
- At least 100 dead in Nigeria after air force 'misfire' on market, sources say
- Trump family deal spree could open door for future presidents to profit from office
- Britney Spears enters substance abuse treatment facility weeks after her arrest on suspicion of DUI
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Entertainment
- Hollywood leaders, theater owners gather at CinemaCon at a critical time in the industry
- Dave Chappelle stands firm through backlash and considers revisiting âChappelleâs Showâ
- Hollywood heavyweights voice 'unequivocal opposition' to Paramount-Warner merger in open letter
- It's music festival season. How to stay safe and healthy while enjoying the show
Sports
- A $500,000 payday awaits the No. 1 WNBA pick as the Dallas Wings go on the clock again
- Bucks' disappointing finish leads to an uncertain offseason regarding Giannis Antetokounmpo's future
- Russian swimmers get flag and anthem back as a key Olympic sport drops its restrictions
- Rory McIlroy a Masters champion again and the chase is on for more majors