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Marjory Stoneman Douglas school shooter Nikolas Cruz told a detective shortly after the February massacre that a voice in his head the night before the shooting told him to hurt people.Cruz is accused of killing 17 students and faculty at the school in Parkland, Florida. Court documents show the former student has confessed to being the gunman. However, a judge entered a plea of not guilty on Cruz's after he stood mute to the charges in March.Documents released Monday by the Broward County state attorney's office include a transcript of Cruz's conversation with a detective after his arrest on the day of the shooting, February 14. The transcript shows the gunman talking about his deceased parents and a demon that Cruz said was in his head. The document also details a meeting Cruz had with his younger brother. 827
LUMBERTON, N.C. (AP) — The FBI says a body has been found in an area of North Carolina where searchers have been looking for a missing teenager for three weeks.A news release Tuesday said FBI agents and detectives of the Lumberton Police Department found the body around 4:45 p.m. near a road east of Interstate 95 and south of Lumberton.Officials would not say immediately if the body found was that of 13-year-old Hania Aguilar, who was kidnapped Nov. 5 from a mobile home park after going outside to start a relative's SUV to prepare to leave for the school bus stop. Police say a man then forced the teenager into an SUV and drove off.The SUV was later found in Lumberton, several miles from the mobile home park. 725
Major wireless carriers are experiencing outages throughout the United States.According to service-tracker Down Detector, T-Mobile began experiencing outages at 12:42 p.m. ET. By 2 p.m., 110,822 users were experiencing problems. The outages continued throughout Monday evening, with some improvement. By 9:30 p.m. ET, more than 16,500 T-Mobile customers were still without service, Down Detector said. Down Detector said some cities that were experiencing the most problems with T-Mobile were in Miami, Brooklyn, Orlando, and Atlanta.T-Mobile's Executive Vice President and Chief Technology Officer Neville Ray said the company was aware of an issue and they were working to resolve it."Our engineers are working to resolve a voice and data issue that has been affecting customers around the country," Ray tweeted. We’re sorry for the inconvenience and hope to have this fixed shortly." 894
Lumber stocks are at a historic high. We haven't seen these numbers since the 2008 housing boom and then crash. Experts say that's in part because of the housing market and record low mortgage rates.2020, the unprecedented year where nothing goes as expected, has brought us what realtors call a "sellers' market"."There’s plenty of buyers in the marketplace, but not enough supply so what we are seeing is multiple offers happening frequently on mid-price homes. So heavy competition in the marketplace.” Dr. Lawrence Yun, chief economist for the National Association of Realtors, said.The country's largest trade organization has 1.4 million members who help people buy and sell homes. Dr. Yun says the nation's housing market has even surpassed pre-pandemic sales. He attributes a lot of that to low mortgage rates and people realizing that working from home means they need more room.“Because of the strong demand for housing and we have a shortage of homes in the marketplace, so whatever home builders build, they can find a buyer so they build more homes. But one of the constraints is lack of construction workers along with the material cost that goes into construction, such as lumber,” says Dr. Yun, who also pointed out the country's underproduction.“Home builders have been producing below historical average for 10 straight years and the cumulative effect of underproduction is we don’t have sufficient inventory and that is the reason why home prices are rising and we need to build more homes to get into balance,” added Dr. Yun.Which is why, Laura Gonzalez, associate professor of Finance at California State University Long Beach, says we're experiencing a supply and demand situation when it comes to wood.“We just don’t have enough wood,” Gonzalez said. “It's difficult to make it ready and then transport it because of the pandemic. It's not that the industry is changing its just that we have had a shift both in supply and demand.”Gonzalez also says it's the basic equation of high demand meaning lower supply, which sends prices up and stocks soaring. Then there's the factor of where our wood comes from. She says, “We import some of our lumber from Canada both from lumber and other products. If we depend on other nations, we are more susceptible to changes in supply.”So, what comes next?“The issue of supply versus demand is going to correct in two years, but the opportunities for climate finance are ongoing that is not going to finish,” Gonzalez said.Which is why Dr. Yun says home prices will hold firm, and if you're waiting for a ‘burst’ or for prices to decrease, you might be waiting a while.“In future years, mortgage rate will certainly rise and that will choke off some of the demand, but hopefully we have adequate supply so we have a more balanced market condition where prices rise in manageable, 3-4% each year and people will feel comfortable at that rate of price appreciation,” says Dr. Yun.Dr. Yun recommends if you want or need to buy, don't overstretch your budget as the competition is fierce out there. If you want to sell, don't get greedy and overprice because your home will get stuck on the market. It's yet another aspect to this odd year that has brough the unexpected to us all. 3245
Market sentiment is so fragile that news of an arrest is enough to set off a selling wave.The Dow plunged as much as 785 points on Thursday. The index was recently down about 400 points, or 1.3%. The S&P 500 lost 1.1%, while the Nasdaq fell 0.3%.The arrest of Huawei CFO Meng Wanzhou in Canada at the request of the United States renewed doubts about the US-China truce.The latest sign of tension between Washington and Beijing also sent shudders through global markets. Hong Kong's Hang Seng plunged 2.5% overnight, while European stock markets declined sharply as well. Germany's DAX nearly closed in a bear market, down nearly 20% from its January closing high.Companies like Apple (AAPL) and Boeing (BA) that have significant exposure to China fell sharply. Other trade-related stocks like Broadcom (AVGO) and Harley-Davidson (HOG) were also under pressure. Alibaba (BABA), the Chinese e-commerce giant, tumbled 3%. The Dow and S&P 500 have once again turned negative on the year. The S&P 500, down 9% in the fourth quarter, is on track for its worst quarter in seven years.The arrest of Meng -- the daughter of the founder of one of China's most important companies -- serves as a fresh reminder that the United States and China remain in a trade war, despite the ceasefire reached last weekend in Argentina. Tariffs already imposed remain in place and new ones loom if talks fail to result in a breakthrough or at least an extension within 90 days."This comes at a truly delicate time," Win Thin, global head of currency strategy at Brown Brothers Harriman, wrote to clients on Thursday. "We think this will force China to take a more aggressive and confrontational approach with the US." 1720