News briefs
Greenspan
dies at 100
WASHINGTON (AP) — Former U.S. Federal Reserve Chair Alan Greenspan has died at the age of 100. He died on Monday from complications of Parkinson’s Disease. That’s according to his wife of 29 years, NBC News correspondent Andrea Mitchell.
In his 18½ years at the helm of the Fed, Greenspan presided over a sustained era of American growth and prosperity, yet one that ended with devastating consequences in 2008, two years after he had left the central bank. Greenspan was so respected during his many years as head of the world’s most influential central bank that by the time he stepped down in 2006, he was widely celebrated as the “Oracle” and “Maestro.”
Housing bill
has support
WASHINGTON (AP) — The Senate is set to pass a bipartisan housing bill that aims to bring down home prices and increase the supply. The vote on the bill Monday represents one of the most sweeping efforts in recent decades to reduce federal regulations for housing and increase local control.
The legislation bans corporate investors from buying single family homes but doesn’t have a provision requiring investors to sell newly constructed homes within seven years.
The House is expected to give the bill final approval later this week and send it to President Donald Trump, who has signaled his support.
Clive Davis
dies at 94
NEW YORK (AP) — Clive Davis, who rose from a job as a record company lawyer to become one of the music industry’s most powerful figures, has died at the age of 94.
Davis launched or resurrected the careers of countless superstars, including Janis Joplin, Whitney Houston, Carlos Santana and Alicia Keys. Unlike other record moguls whose influence waned as they got older, his might only seemed to grow over the decades in a career that spanned multiple genres and labels.
Davis also signed up Billy Joel, Blood Sweat & Tears, Patti Smith, the Grateful Dead and “American Idol” winners Carrie Underwood and Kelly Clarkson.
de la Espriella
takes a lead
BOGOTA, Colombia (AP) — Abelardo de la Espriella, a conservative political outsider, has taken a narrow lead in Colombia’s runoff election. His victory could reverse outgoing President Gustavo Petro’s agenda, including peace talks with illegal armed groups.
De la Espriella, a lawyer and business owner, earned U.S. President Donald Trump’s endorsement despite never having run for office. He has 49.7% of the votes, while progressive candidate Iván Cepeda has 48.7%.
Cepeda plans to challenge the results, citing concerns about democracy and social gains. De la Espriella promises a tough stance on crime. The election highlights Colombia’s regional and ideological divisions.


