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WASHINGTON (AP) — Financial losses are mounting at the U.S. Postal Service during the coronavirus pandemic. The agency said Friday it lost .2 billion in the three months ending in June. Officials warn the losses could top billion over two years. Postmaster General Louis DeJoy calls the agency's financial position “dire.″ But he disputes reports his agency is slowing down mail and says it has “ample capacity to deliver all election mail securely and on time." The Postal Service is seeking at least billion to cover operating losses as well as changes to how it funds retiree health benefits. Lawmakers want the Postal Service to reverse operational changes that are causing delivery delays. 712

WASHINGTON — U.S. long-term mortgage rates fell this week, reaching record lows for the 13th time this year amid fresh signs of weakness in the pandemic-ravaged economy. Mortgage buyer Freddie Mac reported that the average rate on the 30-year benchmark loan declined to 2.72% from 2.84% last week. The average rate on the 15-year fixed-rate mortgage fell to 2.28% from 2.34%. The low rates in 2020 have spurred demand in the housing market. The National Associated of Realtors says housing offers for single-family homes have increased for six consecutive months. They are now at their highest level since 2007, according to the Census Bureau. Existing home sales in October 2020 were 26.6 percent higher than the number of sales in October 2019. The median sale price, nationwide, has also increased; it is now 3,000, roughly 16 percent more in 2020 than this time last year.The NAR has warned that the dwindling number of available housing units is down to only a few months supply. Fresh signs emerged this week that the resurgent coronavirus outbreak is likely slowing the economy and forcing more companies to cut jobs. The government reported that retail sales in the U.S. grew a sluggish 0.3% in October, even as retailers offered early holiday discounts online and in stores. 1294

VISTA (KNSD) - A Carlsbad man who allegedly drugged and sexually assaulted a 16-year-old girl and raped a woman he met online was charged Wednesday with 17 felony counts.Michael Fangman, 47, faces between 20 and 25 years in state prison if convicted of charges involving the minor, identified only as Jane Doe 1, and the woman, identified only as Jane Doe 2.Fangman was arrested shortly before 8:25 a.m. last Friday at his home, Carlsbad police Sgt. Reid Shipley said.Carlsbad police have been investigating since March when they received the first report of sexual assault. The 16-year-old girl contacted police on March 18 and alleged that she had been sexually assaulted by Fangman, who she had met online, Shipley said.The criminal complaint includes allegations that between March 11 and March 16, Jane Doe 1 was sexually assaulted and was given heroin by Fangman during that timeframe. He faces 14 counts related to Jane Doe 1, as well as three pertaining to Jane Doe 2, including forcible rape.According to the deputy district attorney, Benjamin Barlow, all of the alleged acts took place in Carlsbad in the month of March of this year. The judge ordered a no contact order with Jane Doe 1 and Jane Doe 2. Fangman is being held without bail and is due back in court June 20 for a readiness conference.Investigators have uncovered two additional victims and believe there may be more, they're asking anyone who has information to contact the Carlsbad Police Department's tip line at 760-931-3819 or TipLine@CarlsbadCA.gov. 1536

Visitors to the Bahamas will no longer have to quarantine for 14 days after the island updated its coronavirus rules over the weekend.On Sunday, the island stated in a press release that anyone who visits must test negative for COVID-19 five days before arriving on the island, apply for a health travel visa, complete a daily questionnaire, and take a rapid antigen test the fifth day of your stay.The antigen test is not required if you are leaving on the fifth day.And you're required to wear a mask and social distance in public places.Beginning Nov. 14, visitors must opt into COVID-19 health insurance when applying for the health travel visas."The cost of the required COVID Health Insurance is included in the Bahamas Health Visa and paid in advance of travel," island officials stated on its FAQ.The island said anyone who presents a test older than five days would not be allowed entry.Prior to the rules change on Sunday, visitors had to quarantine for 14 days upon their arrival as part of its vacation-in-place. 1032

WASHINGTON — A bipartisan quartet of congressional leaders is pushing hard for a long-delayed COVID-19 aid package.A deal could come as early as Wednesday on legislation that would extend help to individuals and businesses and ship coronavirus vaccines to millions.Negotiations on COVID-19 relief have intensified after months of futility.The top Democratic and Republican leaders of Congress met twice Tuesday in hopes of finally cementing an agreement that would revive subsidies for businesses hit hard by the pandemic, help distribute new coronavirus vaccines, fund schools and renew soon-to-expire jobless benefits.Then Wednesday morning, Senate Majority Leader Mitch McConnell said he and Congressional leaders will not leave Washington for the holiday until a COVID-19 relief bill is passed.“The Democratic Leader and I worked into the evening alongside the Speaker of the House and the House Republican Leader," McConnell said on the Senate floor Wednesday. "We made major headway toward hammering out a targeted pandemic relief package that would be able to pass both chambers with bipartisan majorities."The Senate majority leader said money is needed not only for the American people suffering from the economic fallout caused by the pandemic, but to help re-up the Payment Protection Program and for vaccine distribution.“Congressional leaders on both sides are going to keep working until we get it done,” McConnell said.The Washington Post and Politico report the package would amount to nearly 0 billion in relief and may include a new round of stimulus checks, though the dollar amount for the possible direct payments isn’t yet known.The package would reportedly exclude aid for state and local governments, as well as leave out liability protections. Both were contentious items between Democrats and Republicans.The negotiators will be back at it early Wednesday as a government funding deadline looms Friday at midnight. 1951