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MADISON, Wis. (AP) — President Donald Trump canceled a planned appearance in western Wisconsin amid calls from the city's mayor and the state's governor, both Democrats, that he not hold a rally amid a surge in coronavirus cases. The director of the La Crosse airport said the event was canceled due to a lease issue, not concerns over the coronavirus. Trump replaced the La Crosse rally with one in Janesville, located about 175 miles away, prompting authorities there to also ask the president to reconsider. Trump is also holding a rally Saturday in Green Bay. Both will be outside at airports. State health officials reported 2,887 newly confirmed cases on Thursday, a new daily record, along with 21 more deaths. 725

Memorial Day marks the unofficial start of summer, and this year, it looks like it might also bring an early start to the 2018 hurricane season.Although hurricane season doesn't begin until June 1, a tropical system off the Yucatan Peninsula has become Subtropical Storm Alberto as of Friday morning, according to the National Hurricane Center.For holiday beachgoers flocking to the US Gulf Coast looking for their first taste of summer sun, Alberto is making the forecast look pretty grim.Subtropical storms are low pressure centers that have characteristics of both tropical storms (which have warm cores and get their energy from warm ocean water) and more traditional storm systems (which have cold cores that get their energy from clashes of warm and cold air) that occur in the midlatitudes with cold and warm fronts.The threats associated with subtropical and tropical storms are largely the same: heavy rainfall, gusty winds and rough surf.Given that Alberto has a couple of days to traverse warm waters in the Gulf of Mexico, it could become fully tropical.Forecast models, which were showing very different possible scenarios earlier in the week, are now in agreement in bringing the storm north into the Gulf Coast by the latter half of the three-day weekend.A hurricane hunter aircraft is scheduled to fly through the system Friday to provide more information on the structure, according to the National Hurricane Center. 1441

Mayor Megan Barry has surrendered the passcode for her personal phone to the Tennessee Bureau of Investigation, her attorney says in a statement released Friday morning."This morning I spoke with TBI Director Mark Gwyn to provide the TBI with the passcode for Mayor Barry's personal cell phone," Jerry Martin said in the statement."This is her personal phone, not her Metro issued phone. I have confidence that Director Gwyn will ensure that the TBI limits its search of her personal phone to only items that are relevant to its investigation."Martin added that "reports that the Mayor has been uncooperative during this process are untrue."He said that the mayor's legal team has "provided the TBI with thousands of pages of documents at its request."Mayor's Lawyer?Asks DA To Recuse Himself From CaseSpecial Section:City Hall ScandalThe former U.S. attorney said that Barry's legal team was just trying to clarify how non-relevant matters would be handled before the public release of a damning search warrant affidavit that implies investigators may have nude pictures of the mayor."We were in the process of preparing to turn over her phone when the TBI, presumably at the director of the District Attorney, sought a search warrant," Martin added."This tactic was surprising since the evening before the search warrant was issued, I communicated our willingness to turn over the phone."However, by seeking the phone via a search warrant the authorities were ultimately afforded the opportunity for the unorthodox release of the underlying affidavit."While it may be common for search warrants themselves to be made public, the underlying affidavits are typically not returned and made public at this stage of the investigation."Read the full statement below: 1775

MARINE CORPS AIR STATION MIRAMAR, Calif. (KGTV) -- A Marine Corps helicopter crashed during a routine training mission over the El Centro area Tuesday afternoon, according to officials. The CH-53E Super Stallion helicopter from 3rd Marine Aircraft Wing crashed around 2:35 p.m. Four crew members were aboard the aircraft.In a press release, the Marine Corps wrote that the status of all four crew members is, "presumed dead pending positive identification."The cause of the crash is currently under investigation. The names of the deceased will be withheld until family has been notified.  617

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

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