August 1, 2013 |
Albert Pujols isn't ready to call it a season. The Angels slugger said Thursday he would not rule out a return from a serious foot injury in the season's final weeks even though his team's flickering playoff hopes may have been extinguished by then. "Whether it's two games out, 20 games out, if I feel good, ready to play, I'm going to be out there playing," Pujols said in his first meeting with reporters since he partially tore the plantar fascia in his left foot last week in Oakland.
July 31, 2013 |
WASHINGTON -- The Great Recession wasn't quite as bad as previously thought and the recovery since 2009 has been a bit stronger, according to a periodic data recalculation designed to better reflect the economic impact of movies, TV shows and other intellectual property. The economy contracted an at average annual rate of 2.9% during the recession, which ran from the fourth quarter of 2007 through the second quarter of 2009, compared to the previous estimate of a 3.2% contraction, the Commerce Department said Wednesday.
July 30, 2013 |
Home prices shot up in America's largest cities in May, rising at a pace not seen since the bubble days, according to a closely watched gauge. The Standard & Poor's/Case-Shiller index of 20 large U.S. cities, released Tuesday, rose 2.4% from April and 12.2% from May 2012 - the largest year-over-year gain since March 2006. Average home prices across the 20 cities have now reached their spring 2004 level. For the first time, two cities - Denver and Dallas - surpassed the peaks they reached before the 2008 financial crisis.
July 30, 2013 |
SANTA CLARA, Calif. - Marcus Lattimore's bad right wheel isn't up to full speed, but the wheels in his head are spinning in overdrive. "I'll be better than I was when I was playing at 100%, no doubt," said Lattimore, a South Carolina running back drafted in the fourth round by the San Francisco 49ers in April. Lattimore, who suffered a catastrophic knee injury last fall, feels he's capable of participating in training camp. But he also respects the 49ers' decision not to rush his recovery.
July 19, 2013 |
DETROIT - Jose Covarrubias has tried to keep his small house on a semi-deserted street in southwest Detroit a bastion of calm, but it has gotten more difficult every day. He installed a chain-link fence with a lock to prevent wandering vagrants from using his yard as a short cut; someone kicked it down. He threatened to call the police on a stranger who showed up with a ladder and tried to steal his antenna; the thief laughed in his face, reminding him that police rarely have time to respond to calls that don't involve dead bodies.
CALIFORNIA | LOCAL
July 17, 2013 |
Continuing his whirlwind tour of Washington D.C., Assembly Speaker John Pérez (D-Los Angeles) is scheduled to meet Wednesday with Sens. Dianne Feinstein and Barbara Boxer. Pérez has already met with Obama administration officials, touting efforts by California to recover from the recession and implement Obamacare. He is also highlighting ways the federal government can help the Golden State financially. He had breakfast with Secretary of Homeland Security Grace Napolitano, the nominee to head the University of California system.
July 13, 2013 |
On Feb. 22, 1999, 4-year-old Luke Burgie hopped up from the couch and announced: "My tummy doesn't hurt anymore, Mommy. " The terrible sickness that had ravaged his body for six months had vanished. His doctors were as baffled by the sudden and complete recovery as they had been about what had caused his illness in the first place. His mother, Jan Burgie, called it a miracle. Sister Margaret Mary Preister, one of two nuns at a local convent who had been praying for Luke's recovery, was less sure.
July 1, 2013 |
New car dealers and their employees had a banner year last year, an industry trade group said. Jobs at new-car dealerships rose 3.2% in 2012 to 963,400 employees, according to the National Automobile Dealers Assn. That brought the average number of employees per dealership to 55 from 53. The average weekly earnings of employees at U.S. new-car dealerships last year was $1,030, up 9.1% from the previous year. All told, new-car dealerships had an annual average payroll of $2.9 million in 2012, up 12% from the previous year.
June 26, 2013 |
Mortgage rates have zoomed a full percentage point above their recent record lows, raising costs for borrowers and questions about the housing recovery. A standard 30-year fixed-rate home loan hit an average of 4.63% on Monday before backing off just slightly Tuesday, according to HSH Associates. That's up from 3.49% on May 3 and an all-time average low of 3.44% during a week in December. Although still low by historic standards, the increased rates have put a damper on a home refinancing boom and will make buying a home noticeably more expensive for borrowers.
June 22, 2013 |
Recovering from a torn Achilles' tendon, Kobe Bryant turned to soccer star David Beckham for advice. "Becks and I have grown to be pretty close since he's been playing in Los Angeles for [the Galaxy] the last five years," said Bryant in a video interview with ESPN.com.br on Friday while vacationing in Brazil (link in Portuguese). Beckham tore his Achilles in 2010, but was able to make a strong return to the pitch. "He and I talked for quite a bit about his process, and his recovery," Kobe said.