This is a carousel. Use Next and Previous buttons to navigate 14 BEIRUT (AP) — A hostage standoff in which a gunman demanded a Beirut bank let him withdraw his trapped savings so that he could pay his father's medical bills ended seven hours later with the man's surrender Thursday. No injuries were reported. Authorities said Bassam al-Sheikh Hussein, a 42-year-old food-delivery driver, entered the bank with a shotgun and a canister of gasoline, fired three warning shots and locked himself in with up to 10 hostages, threatening to set himself on fire unless he was allowed to take out his money. After hours of negotiations, he accepted an offer from the bank to receive part of his savings, according to local media and a depositors group that took part in the talks. He then released his hostages, and police whisked him away as he walked out of the bank. He did not actually … [Read more...] about Hostage standoff at Beirut bank ends with gunman’s arrest
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Mortgage rates bounce back on strong employment and inflation data
After a brief dip below 5% for the first time in four months, the 30-year fixed rate shot above that level this week. According to the latest data released Thursday by Freddie Mac, the 30-year fixed-rate average jumped to 5.22% with an average 0.7 point. (A point is a fee paid to a lender equal to 1% of the loan amount. It is in addition to the interest rate.) It was 4.99% a week ago and 2.87% a year ago. Freddie Mac, the federally chartered mortgage investor, aggregates rates from about 80 lenders across the country to come up with weekly national averages. The survey is based on home purchase mortgages. Rates for refinances may be different. It uses rates for high-quality borrowers with strong credit scores and large down payments. Because of the criteria, these rates are not available to every borrower. The 15-year fixed-rate average climbed to 4.59% with an average 0.7 point. It was 4.26% a week ago and 2.15% a year ago. The five-year adjustable-rate average rose to … [Read more...] about Mortgage rates bounce back on strong employment and inflation data
Sharpton puts spotlight on Georgia woman’s patrol car fall
ATLANTA (AP) — The Rev. Al Sharpton demanded a full accounting of how a Georgia woman fell from a moving patrol car after her arrest, saying at her funeral Thursday that he would seek a Justice Department review of her case if the family didn't get answers. Brianna Grier, 28, suffered significant injuries on July 15 and died July 21 at an Atlanta hospital. Authorities had been called to her home in Sparta, Georgia, as she experienced a mental health crisis, a family attorney has said. Sparta is about 100 miles (160 kilometers) southeast of Atlanta. Sharpton, noting reports Grier was having what he called a “mental health episode,” said the issue was not what she was thinking, but what police were thinking. “She may have had an episode. What were they having that they had not secured who they arrested in the back of the cruiser,” he asked at the funeral service for Grier in Atlanta. The Georgia Bureau of Investigation said deputies who put Grier in the back of a patrol car to … [Read more...] about Sharpton puts spotlight on Georgia woman’s patrol car fall
Polls Show Vulnerable Democrats in Trouble 3 Months from Election
Multiple polls show that vulnerable Democrats across the country are in danger of losing reelection three months from the midterm elections. The poll for Nevada’s Third Congressional District showed that the incumbent, Rep. Susie Lee (D), would lose to her Republican challenger, April Becker, according to an RMG Research poll of 400 likely midterm voters in the district from July 23 to 29. The poll’s margin of error was plus or minus 5.7 percent. April Becker: 44 percent Susie Lee: 41 percent Would not vote: 4 percent Not sure: 11 percent The poll for Iowa’s Third Congressional District showed that the incumbent, Rep. Cindy Axne (D), would lose to her Republican challenger, Iowa state Sen. Zach Nunn, according to an RMG Research poll of 400 likely midterm voters in the district from July 29 to August 5. The poll’s margin of error was plus or minus 4.9 percent. Zach Nunn: 49 percent Cindy Axne: 41 percent Some other candidate: 2 percent Not sure: 8 percent … [Read more...] about Polls Show Vulnerable Democrats in Trouble 3 Months from Election
Bears Sign Purchase Agreement To Buy Arlington Park For $197M
87 Sports Track owner Churchill Downs Inc. anticipates closing the sale of the property in late 2022 or early 2023. Eric DeGrechie and Jeff Arnold , Patch Staff Posted | Updated Replies ARLINGTON HEIGHTS, IL — It appears the Chicago Bears are one step closer to building a new stadium outside the city. The NFL team has signed a purchase agreement for Arlington International Racecourse. The news comes just days after the summer horse racing season concluded at Arlington. Churchill Downs Inc., the Kentucky-based group that currently owns the 326-acre property, said the Bears' bid was $197.2 million. The closing of the sale of the property is subject to the "satisfaction of various closing conditions," according to a news release from Churchill. CDI anticipates closing the sale of the property in late 2022 or early 2023. In a joint statement issued by the team Wednesday morning in conjunction with Arlington … [Read more...] about Bears Sign Purchase Agreement To Buy Arlington Park For $197M
Gunman takes bank staff hostage in Lebanon, demanding access to $200,000 in savings: report
close Video Fox News Flash top headlines for August 11 Fox News Flash top headlines are here. Check out what's clicking on Foxnews.com. NEW You can now listen to Fox News articles! An angry gunman reportedly took up to ten bank employees and customers hostage in Lebanon’s capital Thursday, demanding full access to $200,000 he claims to have stored in an account there before leaving the premises in a car occupied by his brother, reports say. The dramatic situation that unfolded at a Federal Bank of Lebanon location in Beirut comes as the country remains embroiled in a financial crisis due to successive governments racking up debt, forcing banks to limit withdrawals of hard currency, according to Reuters. "I'm in my office. He gets agitated then calms down then gets agitated again," Hassan Halawi, the manager of the bank branch who was among those captive, told Reuters. A video posted on Twitter shows an individual standing at the … [Read more...] about Gunman takes bank staff hostage in Lebanon, demanding access to $200,000 in savings: report