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House Speaker Nancy Pelosi’s Porsche-driving husband was involved in a two-vehicle crash in California before his weekend arrest for drunken driving, police have since revealed. Paul Pelosi, 82, was attempting to cross in Napa County’s State Route-29 in a 2021 Porsche late Saturday when he was in a collision with a 48-year-old man driving a 2014 Jeep, the California Highway Patrol said. There were no reported injuries and the police report does not identify either driver as being at fault, CNN said.

Flight data from a black box recovered from a Chinese plane crash earlier this year indicates someone in the cockpit intentionally crashed the jet, it's been reported. The China Eastern Boeing 737-800 went into a sudden nosedive, appeared to briefly recover, and then slammed into the ground in the mountainous Guangxi area on March 21. Today, the Wall Street Journal cited U.S. officials' preliminary assessment - who analysed both black boxes at a government lab in Washington, DC - which they say puts the finger at a person inside the most secure area of a plane. The crew is being...

At least 14 people were killed and more than a dozen others injured when a bus carrying domestic tourists crashed into an advertising sign in Indonesia's East Java province early on Monday, police said. The bus -- which was carrying 31 passengers, the driver and a crew member -- hit the pole and then rolled over on a toll road connecting the town of Mojokerto to the country's second city, Surabaya. The victims were from Benowo, a village near Surabaya, and were returning home after a long weekend at popular holiday destination Dieng Plateau, about 400 kilometers away in Central...

US stocks have further to fall even after a steep decline this week, Bank of America said Friday. The Nasdaq this week fell 5% in one session as investors grapple with tighter Fed monetary policy. Based on previous bear markets, the bank foresees the decline in stocks ending in October 2022. The S&P 500's massive selloff during the week deepened this year's correction for the broad index, and it's likely to sink even lowers before finding a bottom and rebounding, according to Bank of America. The S&P 500 so far this year is in a correction, down 14% from its...

A Ford GT owner in Boca Raton, Florida crashed his recently purchased supercar into a tree Friday evening because he was "unfamiliar with how to drive stick shift," police say. The driver, 50-year-old Robert J. Guarini, told cops he lost control after downshifting while leaving his housing development at around 6 p.m, a police report says. This led to a head-on collision with a palm tree. Guarini then told a nearby security worker that he did not have his phone and needed a ride back to his house, where he spoke to authorities via landline after leaving the vehicle unattended,...

Today we saw the 10-year Treasury Note yield break through the 3% barrier, then retreat as is there was a reflecting barrier at 3%. And in Europe, we saw a flash crash allegedly caused by Citi’s trading desk. The selloff was triggered by a large erroneous transaction made by the U.S. bank’s London trading desk, according to people with knowledge of the matter who asked not to be identified discussing private information. A knee-jerk selloff in OMX Stockholm 30 Index in five minutes wreaked havoc in bourses stretching from Paris to Warsaw toppling the main European index by as much...

The crash happened around 1 p.m. Friday in the Imperial Sand Dune Recreation Area, where four people were traveling in a 2022 Can-Am Maverick UTV. The vehicle was driving along the side of a sand dune when, “for reasons still under investigation, the Can-Am began overturning down the sand dune,” California Highway Patrol officials said in a news release. The cinematographer was partially ejected from the vehicle and sustained fatal injuries as a result of the crash, CHP said. The three other occupants, who are University of Southern California film students, survived the accident, according to Elizabeth Daley, dean of...

Even in the face of rising mortgage rates and stagnating construction numbers, the housing market is still scorching hot. Because of this, it may be difficult to believe that more than 16 million homes across the U.S. are sitting vacant. But this doesn’t mean millions of abandoned and dilapidated homes are withering away in the suburbs. Vacant homes can be unoccupied for many reasons beyond being uninhabitable. For example, a house can be vacant because it’s still on the market to be sold or rented or it’s a vacation home not currently in use. Regardless of why homes are vacant,...

Capt. James Bellew, an Army pilot at Fort Stewart-Hunter Airfield in Georgia, was killed last week in a helicopter crash that is currently under criminal investigation, Savannah Now reported. An official statement issued March 30 from Fort Stewart-Hunter Airfield's 3rd Infantry Division confirmed the incident that killed Bellew involved two UH-60 helicopters at Wright Army Airfield, but did not share further details. On Monday, an anonymous source familiar with the investigation told the Army Times that the incident, which occurred at approximately 2 a.m., was "not an accident."

At least 3 dead, others injured after pileup during snow squall in Pennsylvania

I have been involved in financial markets for roughly 40 years, the news out this past Thursday was in my opinion more important than ANY announcement during those years. In fact, when I heard it, I thought of it as “the shot heard ’round the world”! But here we are Sunday and almost no discussion nor coverage of “Russia will demand trade payment from the unfriendly countries (the West) in gold…or rubles if they wish”. Are people so dumbed down they do not understand what was said? First a little background. Russia has been sanctioned by the West and even...

The six high school students were packed into a small, 2015 Chevy Spark with just four seats - and only the two teenaged girls riding in the front seat were wearing seatbelts, the Oklahoma Highway Patrol said Wednesday. The six girls were all students of Tishomingo Public School, according to the district's superintendent. The driver was 16 years old, three of the other girls were 15 and the other two passengers were both 17. The two vehicles collided around 12.19pm on Tuesday at the intersection of U.S. 377 and Oklahoma 22 in Tishomingo, a rural city of about 3,000 located...

• Photo taken with a mobile phone shows pieces of a crashed passenger plane's wreckage found at the crash site in Tengxian County, south China's Guangxi Zhuang Autonomous Region, March 22, 2022. A passenger plane with 132 people aboard crashed in south China's Guangxi Zhuang Autonomous Region on Monday afternoon, the regional emergency management department said. The China Eastern Airlines Boeing 737 aircraft, which departed from Kunming and was bound for Guangzhou, crashed into a mountainous area near the Molang village in Tengxian County in the city of Wuzhou at 2:38 p.m., causing a mountain fire, according to the department....

Crash: China Eastern B738 near Guangzhou on Mar 21st 2022, lost altitude and impacted terrain By Simon Hradecky, created Monday, Mar 21st 2022 10:55Z, last updated Tuesday, Mar 22nd 2022 16:38Z A China Eastern Boeing 737-800, registration B-1791 performing flight MU-5735 from Kunming to Guangzhou (China) with 123 passengers and 9 crew on board, was enroute at 8900 meters/FL291 about 130nm west of Guangzhou nearing the top of descent at 14:20L (06:20Z) when the aircraft suddenly lost altitude and impacted ground about 119nm west of Guangzhou in mountaineous terrain. A search and rescue operation reached the crash site but found...

A year ago, ahead of the consensus, we argued that inflation was underestimated. Now it is time to warn about the coming slowdown. Like then, our view is unfashionable. Indeed, in the past week equity markets staged a strong comeback, a sign that investor spirits are recovering from their soggy start to 2022. As we note below, that bounce back isn’t entirely without justification. But it isn’t likely to enjoy much follow through, either. Several factors have underpinned the most recent recovery of risk assets. Federal Reserve Chairman Jerome Powell assuaged fears by offering an unusual degree of clarity about...

Contact was lost with the flight over Wuzhou, in the Guangxi region, the authority said. It was scheduled to fly from Kunming to Guangzhou.

The crash occurred near East Fork Road and State Route 39 at about 4:52 p.m.... LASD initially said the helicopter, LASD Air Rescue 5, might be carrying four people, Deputy Koerner later confirmed that five deputies were involved in the crash and all were transported to local hospitals.

MISSISSIPPI COUNTY, Mo. (KFVS) - Law enforcement is reporting multiple deaths and vehicle fires after a crash on Interstate 57 near Charleston on Thursday morning, March 17. Mississippi County Coroner Terry Parker confirmed an additional death on Thursday evening, bringing the total to six. According to Zach Bolden, director of the Mississippi County EMS, it was foggy when they responded. They believe someone hit the brakes and a chain reaction followed.

A 13-year-old was driving the pickup truck that struck a van in West Texas in a fiery collision that killed nine people, including six members of a college golf team and their coach, a National Transportation Safety Board official said Thursday. The child and a man traveling in the truck also died. The truck's left front tire, which was a spare tire, also blew out before impact, said NTSB Vice Chairman Bruce Landsberg. The men's and women's golf teams were traveling in a 2017 Ford Transit van that was towing a box trailer when it collided with the truck, and...

Russia has warned that sanctions on its aerospace industry could result in the International Space Station (ISS) falling into an “uncontrolled deorbit” and smashing into the United States or Europe, potentially with the force of a small nuclear bomb. Dmitry Rogozin, head of Roscosmos, issued the space station warning late Thursday, demanding of the United States: “Do you want to destroy our cooperation on the ISS?”