"Live from NPR news in Washington, I'm Dave Madingley.
Bodies continue to be found in Nepal following Wednesday's glacier collapse that triggered
mudslides and flash flooding along the border with Tibet. The death toll has risen to at least 469, more than 1500 people are still missing, including dozens of Americans. Scientists are still examining what led to the wall of water. They say satellite and other data suggests the flood waters were caused by the chunk of
glacier temporarily damning a river forcing water to surge downstream a few hours later. Mortgage rates in the U.S. are at their highest levels in a year amid elevated inflation in the economy. NPR Steven Besaha says that's one reason Wall Street will be watching today's speech by the chairman of the Federal Reserve.
The average 30 year fixed rate mortgage is 6.66% according to Freddie Mac.
Mortgage rates are largely influenced by the bond market, which has been shaken over
concerns about government debt and inflation.
“That's why bond traders will be watching new fed share Kevin Worsh's speech in Jackson”
Hawaii, Wyoming, closely. Everyone's going to be, you know, it's early in the morning, but everyone will have their popcorn out to watch. Jeff DeGurian is low-deposed chief investment officer. They want to see, hey, if inflation takes back up again, like everyone's worried about,
what are you going to do? The Fed's preferred inflation gauge showed prices rose in an annual rate of 3.7% in July. Steven Besaha and PR News. A federal judge is blocking the U.S. postal service from carrying out President Trump's order to restrict mail and voting in the upcoming November midterm elections.
NPR's Hansi Low-Wang says this latest rolling sets up another possible review of the President's order by the U.S. Supreme Court. U.S. Judge and dear to Wanyan Boston has issued a temporary restraining order that blocks
“the U.S. postal services new mail and ballot requirements for states for 14 days.”
The postal services plan involves delivering mail and ballots only to people on voterless that the states would have to turn over to the mailing agency. Just to Wanyan found that plan is likely illegal because U.S. P.S. has no authority to control voting by mail. We should note U.S. P.S. is financial support of NPR.
To Wanyan said to decide whether to issue a longer lasting blog after hearing X Thursday. This will help set the stage for another review of Trump's order at the Supreme Court, but there's a little time left for the order to be fully carried out, mail and voting for the midterm starts next week. On Zilawang, NPR news.
The Justice Department says more than 80 people are facing charges as part of a crackdown on a violent gang and Puerto Rico that will prosecute or say members of Lospaja Deo, trafficked fentanyl, cocaine and other illegal drugs, and will involve in killings, shootings, kidnappings and assaults.
“The arrests were announced yesterday by Attorney General Todd Blanch who visited the island.”
The National Weather Service is warning of dangerous heat in areas of southern California, Nevada and Arizona through tomorrow. This is NPR news. testimony has wrapped up in Nevada in the trial of a former gang leader accused of orchestrating the 1996 killing of hip hop icon 2-poch Shakur, Steve Futterman reports.
The defense presented just three witnesses, all former members of the Las Vegas Police Department. The prosecutions case depends almost entirely on comments from Dwayne Davis in a memoir and an interviews where he repeatedly admits supplying the gun used in the killing and says he was in the car that drove up alongside Shakur. The defense claims these were all in bellishments and that there's no corroborating evidence
to support Davis' admissions. The final witness former detective Dan Long was asked how he was able to confirm that Davis was in the vehicle. Authorities in Alaska say the former mayor of Bethel was piloting a small plane that crashed in shallow waters near the Celdovia airport on Wednesday, killing all four people
aboard. The cause is under investigation. Major League Baseball's Tampa Bay rays are a step closer to building a new home stadium in Florida.
Last night, the city of Tampa proved an agreement worth $2.3 billion to construct the
raised new home ballpark next to the New York Yankees Spring Training Facility. Price tag includes $967 million dollars in tax money. I'm Dave Maddingley and PR News in Washington. This season on Planet Money Summer School, we have drilled for oil in Norway, we've smuggled products in the North Korea, and now we make it to our seventh continent, Antarctica.
That's right, big for me. Mr. Penguin, speak for me. I have another sound of Antarctica, that's a reporter trying to interview a penguin. We'll explain on Planet Money Summer School, listen on the NPR app or wherever you get
