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A “For Sale” sign on a house in Philadelphia, Pennsylvania, US, on Friday, Aug. 16, 2024. Joe Lamberti | Bloomberg | Getty ImagesThe U.S. housing market continues to weaken, as potential buyers face stubbornly high mortgage rates, elevated prices and limited supply of listings.Sales of previously owned homes fell 4.9% in January from the prior month to 4.08 million units on a seasonally adjusted, annualized basis, according to the National Association of Realtors. Analysts were expecting a 2.6% decline.Sales were 2% higher than January 2024, but are still running at a roughly 15-year low.This read is based on closings, so contracts…
A visitor tries his hands on a holographic intelligent medical imaging system under the guidance of a staff member at the Light of Internet Expo in Wuzhen, east China’s Zhejiang Province, Nov. 19, 2024. (Xinhua/Cai Xiangxin)by Xinhua writers Shi Hao, Ma YujieBEIJING, Feb. 21 (Xinhua) — A month ago, DeepSeek, a Chinese artificial intelligence (AI) startup, barely two years old, sent shockwaves through the tech world and beyond with the release of its AI assistant DeepSeek-R1.Since the launch, curious users have asked a whole range of questions to the reasoning model, often receiving unexpectedly insightful or impressive answers.DeepSeek-R1 boasts performance…
Listen to article The Sindh government has announced scholarships for six deserving students to study at the Oxford University, marking a significant step in the Benazir Bhutto Graduate Scholarship. The announcement came after a memorandum of understanding (MOU) was signed in London, officially facilitating these opportunities. The MOU was signed in the presence of Bilawal Bhutto-Zardari, Chairman of the Pakistan People’s Party (PPP), who highlighted the importance of education and empowerment during the ceremony. Chief Minister Murad Ali Shah revealed that three male and three female students from Sindh would receive these scholarships annually, in collaboration with Oxford Pakistan. “These scholarships have…
Opener Ryan Rickelton struck a maiden one-day international (ODI) hundred to guide South Africa to an imposing 315-6 in their Group B Champions Trophy clash against Afghanistan in Karachi on Friday. The 28-year-old left-hander scored a 106-ball 103 with seven boundaries and a six while skipper Temba Bavuma (58), Rassie van der Dussen (52) and Aiden Markram (52 not out) also chipped in with half-centuries after South Africa won the toss and batted. On a flat pitch full of cracks, the South African batters negated Afghanistan’s quality spin attack with leg-spinner Rashid Khan conceding 59 runs in his 10 wicket-less…
From left, the Trump Royale, The Trump Palace and the Trump International Beach Resort are shown in Sunny Isles Beach, Florida, U.S. March 13, 2017.Joe Skipper | ReutersAs the rich have gotten richer, family offices have exploded in popularity, numbering 8,000 worldwide and managing some $3.1 trillion in assets, according to Deloitte. Family office-tailored events and conferences have followed. There were 123 such family-office conferences in 2024, and nearly twice as many — 244 — are scheduled for this year, according to Dakota Marketplace, a research firm for investment sales professionals. “People are interested in this world because it’s growing so fast,…
Listen to article A van plunged into a drain in Kasur claiming the lives of at least eight people and injuring two others injured. The incident took place near Raiwind, as 10 people were returning from a wedding on Friday, local media reported. Local police said the vehicle, which was a carry-box van, lost control and fell into the drain. Rescue teams, including personnel from Rescue 1122, responded swiftly to the scene and transported the injured to Kasur’s Baba Bulleh Shah Hospital for treatment. The two survivors are reportedly in stable condition. The victims were identified as members of the same group…
Tens of thousands of people expected to attend rites at huge sports stadium on the outskirts of capital, Beirut.Lebanon is preparing for the burial of former Hezbollah leader Hassan Nasrallah, nearly five months after he was killed in an Israeli air strike. The country is expected to come to a halt for a few hours on Sunday for the funeral which is scheduled for 1pm (11:00 GMT) at the Camille Chamoun sports stadium on the outskirts of capital Beirut. He will then be buried at a dedicated site nearby. Nasrallah was temporarily buried next to his son, Hadi, who died…
FILE PHOTO: The logo of Down Jones Industrial Average stock market index listed company UnitedHealthcare is shown in Cypress, California April 13, 2016. Mike Blake | ReutersUnitedHealthcare is in hot water again as the insurance giant grapples with a reported government investigation of its Medicare billing practices, pursues employee buyouts and potential layoffs and clashes publicly with billionaire Bill Ackman.Those developments in recent days extend a tumultuous past year for its parent company, UnitedHealth Group, marked by the killing of a top executive, a costly cyberattack against its subsidiary and high medical costs in its insurance arm. UnitedHealth Group is the…
China’s AS700D electric manned airship is pictured during its maiden flight in Jingmen, central China’s Hubei Province, Feb. 21, 2025. China’s AS700D electric manned airship completed a successful maiden flight on Friday, marking a major breakthrough for the country in green aviation equipment in the low-altitude economy sector, announced the Aviation Industry Corporation of China (AVIC), the developer of the airship. (AVIC/Handout via Xinhua)BEIJING, Feb. 21 (Xinhua) — China’s AS700D electric manned airship completed a successful maiden flight on Friday, marking a major breakthrough for the country in green aviation equipment in the low-altitude economy sector, announced the Aviation Industry…
Listen to article Army Chief, General Asim Munir, visited the Warminster and Larkhill garrisons in the United Kingdom as part of his official tour. The visit was made at the invitation of the British Army Chief, General Sir Roland Walker. During the visit, General Munir was briefed on several projects, including those related to the British Army and the Deep Recce Strike Brigade. Photo: ISPR Photo: ISPR Photo: ISPR The Army Chief was also given a detailed demonstration of new military technologies, including Artificial Intelligence (AI) systems and unmanned aerial vehicles (UAVs), which are being developed for future military operations. The visit…