Only about 53% of U.S. adults own homes, far below the commonly cited 65% homeownership rate, according to new Federal Reserve research that paints a starker picture of access to homeownership. The traditional homeownership rate, tracked by the U.S. Census Bureau, measures the share of occupied homes in which the owner lives. The new measure…
LAHORE/LOWER SOUTH WAZIRISTAN: President Asif Ali Zardari on Thursday directed all federal, provincial and local authorities to intensify coordinated preparedness, rescue and relief measures in view of the ongoing monsoon rains as the death toll from rain-related incidents rose to 43 in Punjab and Khyber Pakhtunkhwa. According to a press release issued by the President’s…
Finance Minister Muhammad Aurangzeb held meetings with the senior officials of the International Monetary Fund (IMF) and reviewed Pakistan’s macroeconomic performance and progress under the Fund’s programme, the finance ministry said on Thursday. In a post on social media platform X, the finance ministry said that the minister held a series of meetings with the…
Democrat Amish Shah will take on GOP nominee Jay Feely in the general election for Arizona’s 1st Congressional District, The Associated Press projects, following primaries for both parties on Tuesday. Shah’s win against Republican-turned-Democrat Marlene Galán-Woods marks the latest high-profile defeat for the national Democratic Party. The Democratic Congressional Campaign Committee’s influence has been tested…
The Republican chair of the House Judiciary Committee encouraged the Justice Department to look into criminally charging Jack Smith, alleging the former special counsel who brought charges against President Trump lied to Congress — allegations the committee’s top Democrat denied. The criminal referral Wednesday from Rep. Jim Jordan of Ohio stems from last year’s revelation that…
The Justice Department is suing two Chinese companies to force a mandatory recall of immersion water heaters, alleging that the products can overheat and catch fire “within minutes” after they’re turned on, according to court filings obtained by CBS News. The heaters can be used in bathtubs and pools. The lawsuit, filed Wednesday in federal…
Senate and House Democrats launched a congressional inquiry on Wednesday into a new controversial Justice Department legal opinion that would make it easier for states to keep people with mental illness institutionalized, rather than paying for them to receive community-based care. In a letter to Acting Deputy Attorney General Todd Blanche, the lawmakers asked the…
The Trump administration is forging ahead with a controversial plan to collect the medical records of millions of federal workers and retirees, as well as their family members. The Office of Personnel Management said in a notice posted last month that it will begin routinely collecting identifiable, personal health information on more than 8 million…
Interior Minister Mohsin Naqvi said that Pakistan was ready to extend cooperation with Iran in all fields. He made the remarks as he met with Iranian Interior Minister Eskandar Momeni, who is currently in Pakistan on an official visit. A smartly turned-out contingent of the Federal Constabulary presented a guard of honour to the visiting…
Deputy Prime Minister and Foreign Minister Ishaq Dar arrived in Manila on Wednesday to participate in the 33rd Asean Regional Forum (ARF) ministerial meeting, the Foreign Office (FO) said. “A busy programme of engagements lies ahead, including participation in the ARF plenary meeting and bilateral meetings with counterparts on the sidelines,” the FO said in…
