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MIAMI — Residents of Bermuda are urged by forecasters to prepare to protect life and property ahead of Hurricane Paulette. The U.S. National Hurricane Center says Paulette is expected to grow into a dangerous storm as it approaches the territory Sunday. It has maximum sustained winds at 75 mph that are expected to intensify. It's the strongest in terms of winds of six disturbances the center is tracking in the Atlantic Ocean and Gulf of Mexico. Tropical Storm Sally is threatening the Gulf Coast with dangerous storm surge, heavy rainfall and strong winds. Two tropical depressions and two other disturbances were also at sea or in the Gulf. 653

MEXICO CITY (AP) — The nine women and children killed by cartel gunmen in northern Mexico lived in a farming community known as La Mora, where experts say residents identify as Mormons but consider themselves independent and separate from The Church of Jesus Christ of Latter-day Saints.The community's roots lie in the church's banning of polygamy in the late 19th century, when families established colonies in remote northern Mexico to continue the practice.Cristina Rosetti is an expert in Mormon fundamentalist groups and said Tuesday that today some La Mora residents still practice polygamy while others do not. Residents believe in the main Mormonism tenants, but there is little organized religious practice.RELATED: 9 Mormon women and children were shot and 'burned alive' in an ambush near the US-Mexico borderGunmen killed three women and six children traveling in three vehicles from La Mora on Monday.The victims were U.S. citizens. 954

MIAMI, Fla. — A Florida man was arrested and charged after authorities say he bought a sports car with Paycheck Protection Program (PPP) loans.Officials say David Hines, 29, was charged with one count of bank fraud, one count of making false statements to a financial institution and one count of engaging in transactions in unlawful proceeds.The complaints allege that Hines asked for around .5 million in PPP loans through applications to an insured financial institution for different companies. He received .9 million in PPP loans.The complaint says Hines submitted fraudulent loan applications that made numerous false and misleading statements about the companies' payroll expenses.He used those funds, in part, to buy a 8,000 2020 Lamborghini Huracan sports car for himself. Authorities later seized the car and .4 million from bank accounts at the time of the arrest.PPP loans were designed to provide emergency financial assistance to millions of Americans suffering from economic effects from the COVID-19 pandemic.This article was written by Lisette Lopez for WFTS. 1094

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

Lutz, Fla. — The driver of a Tesla plowed through the wall of an empty storefront and then into the side of the Anytime Fitness on North Dale Mabry Highway in Pasco County, Florida.No one in the gym was hurt, although witnesses tell Scripps station WFTS in Tampa there were several people working out at the time, which was before noon on Sunday, April 22.The driver was also not injured.Florida Highway Patrol and the Pasco County Sheriff’s Office responded to the scene.The driver told troopers and deputies that she was coming into the parking lot to stop at the nearby nail salon, and said she was pressing the brakes, but the vehicle kept accelerating.The first store she crashed into used to be a karate studio where kids would normally be working out, but that business recently re-located.Her vehicle slammed through a second wall, into the gym next to several treadmills.Authorities did not administer a sobriety test, according to the crash report.Tesla vehicle are equipped with what is called “Auto-Pilot” mode, but auto-pilot is not the vehicle’s mode of functioning, especially if the vehicle is not on a highway and is turning into a parking lot. 1179

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