WALL

Workers construct a new home in Leyden Rock in Arvada, Colorado
FILE PHOTO: Workers construct a new home in Leyden Rock in Arvada, Colorado, U.S. August 30, 2016. REUTERS/Rick Wilking/File Photo

April 22, 2019

By Lucia Mutikani

WASHINGTON (Reuters) – U.S. home sales fell more than expected in March, pointing to continued weakness in the housing market despite declining mortgage rates and slowing house price gains.

The sharp drop in home sales reported by the National Association of Realtors on Monday came ahead of the busy spring selling season. The housing market continues to buck the broader economy, which has shown signs of gaining momentum after stumbling at the turn of the year.

Existing home sales dropped 4.9 percent to a seasonally adjusted annual rate of 5.21 million units last month. February’s sales pace was revised down to 5.48 million units from the previously reported 5.51 million units.

Economists polled by Reuters had forecast existing home sales would fall 3.8 percent to a rate of 5.30 million units last month. Existing home sales, which make up about 90 percent of U.S. home sales, declined 5.4 percent from a year ago. That was the 13th straight year-on-year decrease in home sales.

LAND SHORTAGES

Falling mortgage rates, strengthening wage growth and slowing house price inflation have improved affordability, but housing supply remains tight, especially at the lower end of the market as land and labor shortages are making it difficult for builders to ramp up construction in this market segment.

The 30-year fixed mortgage rate has dropped from a peak of about 4.94 percent in November to around 4.12 percent, according to data from mortgage finance agency Freddie Mac. Wage growth is also strengthening.

A survey last week showed that while builders reported strong demand for new homes in April, they also complained about “affordability concerns stemming from a chronic shortage of construction workers and buildable lots.”

There were steep declines in sales in the lower and upper ends of the housing market last month.

The dollar slipped against a basket of currencies after the release of the existing home sales data. Stocks on Wall Street were trading lower and U.S. Treasury prices fell.

Last month, existing home sales fell in all four regions. There were 1.68 million previously owned homes on the market in March, up from 1.63 million in February. At March’s sales pace, it would take 3.9 months to exhaust the current inventory, up from 3.6 months in February.

A six-to-seven-month supply is viewed as a healthy balance between supply and demand. The median existing house price increased 3.8 percent from a year ago to $259,400 in March.

The Commerce Department reported last Friday that housing starts dropped to a rate of 1.139 million units in March, the lowest level since May 2017.

That was the second straight monthly drop in homebuilding and pushed starts substantially below the 1.5 million to 1.6 million units per month range that realtors estimate is needed to alleviate the shortage.

Houses for sale typically stayed on the market for 36 days in March, down from 44 days in February but up from 30 days a year ago. About 47 percent of homes sold in March were on the market for less than a month.

First-time buyers accounted for a third of sales last month, little changed from February and up from 30 percent a year ago. Economists and realtors say a 40 percent share of first-time buyers is needed for a robust housing market.

(Reporting by Lucia Mutikani; Editing by Paul Simao)

Source: OANN

A street sign for Wall Street hangs in front of the New York Stock Exchange
FILE PHOTO: A street sign for Wall Street hangs in front of the New York Stock Exchange May 8, 2013. REUTERS/Lucas Jackson

April 22, 2019

By Sruthi Shankar

(Reuters) – U.S. stock index futures dipped on Monday as investors returned from their Easter break and took a cautious stance at the beginning of what is expected to be the busiest week of the first-quarter earnings season.

The S&P 500 closed slightly lower last week, ending its three-week winning streak, but hovered about 1% away from a record high hit in September on U.S.-China trade hopes and a largely upbeat earnings season.

More than a third of the S&P 500 companies, including Boeing Co, Amazon.com Inc and Facebook Inc, will report this week determining whether investors should be concerned about the start of an earnings recession or whether back-to-back quarters of negative growth can be avoided.

S&P 500 profits are expected to drop 1.7% year-over-year, according to Refinitiv data in what could be the first earnings contraction since 2016.

Halliburton Co was up 3.8% in premarket trading after the oilfield services provider reported a surge in quarterly profit driven by a recovery in demand from its international customers.

Also helping was a surge in oil prices, with the United States set to announce a further clampdown on Iranian oil exports, tightening global supplies.

Exxon Mobil Corp was up 0.6% and Schlumberger NV gained 1.5%.

At 7:21 a.m. ET, Dow e-minis were down 60 points, or 0.23%. S&P 500 e-minis were down 7.75 points, or 0.27% and Nasdaq 100 e-minis were down 23.75 points, or 0.31%.

Boeing Co was down 1.2% following a New York Times report over the weekend that the company’s factory in South Carolina, which makes the 787 Dreamliner, has been plagued by shoddy production and weak oversight that have threatened to compromise safety. Another report on Sunday said the planemaker rejected the allegations.

Tesla Inc fell 2.4% after the electric car company said it has sent a team to investigate a video on Chinese social media which showed a parked Tesla Model S car exploding. Chinese rival Nio Inc’s shares were down 3.1%.

Pinterest Inc shares dipped 1.9% after closing up more than 30% in their market debut on Thursday. Brokerage Zephirin Group started coverage with a “sell” rating, citing a very competitive market for visual sharing.

(Reporting by Sruthi Shankar and Amy Caren Daniel in Bengaluru; Editing by Shounak Dasgupta)

Source: OANN

U.S. Rep. Seth Moulton is the latest Democrat to jump in the race for the White House.

The Massachusetts lawmaker and Iraq War veteran made the announcement on his website Monday.

Moulton first came to prominence in 2014 when he unseated long-term incumbent Rep. John Tierney in a Democrat primary and went on to represent the state’s 6th Congressional District, a swath of communities north of Boston including Salem, home of the infamous colonial-era witch trials.

Speculation about a possible Moulton run has been simmering as far back as 2017 when he spoke at a Democrat political rally in Iowa, home of the first-the-the-nation presidential caucuses. At the time he brushed aside talk of a presidential run.

Talk of possible run ramped up during last year’s election when the former U.S. Marine helped lead an effort to get other Democrat military veterans to run for Congress — a cause he continues to push.

“16 years ago today, leaders in Washington sent me and my friends to fight in a war based on lies. It’s still going on today,” Moulton said in a recent tweet. “It’s time for the generation that fought in Iraq to take over for the generation that sent us there.”

The 40-year-old Moulton also gained national attention for helping lead an effort within the party to reject Nancy Pelosi as House speaker after Democrats regained control of the chamber. Moulton said it was time for new leadership.

Moulton has also been a frequent critic of President Donald Trump — from foreign policy, including Trump’s recent veto of a resolution to end U.S. military assistance in Saudi Arabia’s war in Yemen, to his push for a wall at the southern border.

And when Trump claimed to be the target of the “single greatest witch hunt of a politician in American history,” Moulton responded that “as the Representative of Salem, MA, I can confirm that this is false.”

Despite occasionally differing with some on the most liberal wing of the party, Moulton has staked out familiar policy positions for those seeking the Democrat presidential nomination.

He’s called health care “a right every American must be guaranteed,” pushed to toughen gun laws, was a co-sponsor of the Green New Deal, has championed a federal “Green Corps” modeled after the Civilian Conservation Corps of the 1930s, and has called for an end to the Electoral College.

Money could prove a challenge to Moulton, who has raised $255,000 so far this year and had about $723,000 in his campaign account as of the end of March.

Moulton is now the third political figure from Massachusetts to take a stab at a White House run. U.S. Sen. Elizabeth Warren — a Democrat — and former Massachusetts Gov. William Weld — a Republican — are also running.

Source: NewsMax Politics

MLB: Atlanta Braves at Cleveland Indians
Apr 21, 2019; Cleveland, OH, USA; Atlanta Braves third baseman Josh Donaldson (20) hits a home run during the first inning against the Cleveland Indians at Progressive Field. Mandatory Credit: Ken Blaze-USA TODAY Sports

April 22, 2019

Josh Donaldson homered in his first two at-bats, and Max Fried tossed 6 1/3 strong innings as the visiting Atlanta Braves breezed to an 11-5 rout of the Cleveland Indians on Sunday night.

Donaldson drove in four runs, while Freddie Freeman had a pair of RBI singles to highlight his three-hit performance.

Ozzie Albies had a two-run single and joined Freeman in scoring twice for the Braves, who saw each member of the starting lineup record at least one of the team’s 16 hits.

Donaldson provided the fireworks by depositing a 1-1 slider from starter Shane Bieber (2-1) over the wall in center field for a solo homer in the first inning. The 2015 American League Most Valuable Player wasn’t done, launching a 1-2 fastball from Bieber deep into the bleachers in left field for a three-run shot in the second inning.

Rangers 11, Astros 10

Joey Gallo capped a prolific weekend with his third consecutive multi-hit game, and host Texas claimed the rubber match of its three-game series with Houston.

After slugging home runs in each of the first two games, Gallo finished 2-for-3 with five RBIs and delivered a two-run triple that ignited Texas’ three-run first inning against Astros right-hander Collin McHugh.

Gallo also hit a sacrifice fly in the Rangers’ four-run third inning and, after the Astros chased Texas right-hander Shelby Miller with a five-run sixth, Gallo added a run-scoring single in the bottom of the sixth.

Cubs 2, Diamondbacks 1

David Bote ripped a game-ending single to right-center field in the bottom of the ninth inning to score Javier Baez and lift Chicago to a 2-1 victory over visiting Arizona.

Teammates mobbed Bote near first base after the hit, which gave the Cubs a series win and marked their fifth victory in the past six games. Baez finished 2-for-3 with a double, a triple, an RBI and the game-winning run.

Baez set the stage for the dramatic win when he led off the ninth with a double down the right field line. He advanced to third base after Diamondbacks right fielder Adam Jones bobbled the ball in the grass.

Yankees 7, Royals 6 (10)

Austin Romine hit a game-winning single with one out in the bottom of the 10th inning as host New York beat Kansas City.

Mike Tauchman and Gio Urshela opened the inning by drawing walks from Jake Diekman (0-1), who was replaced by Ian Kennedy. After the runners were sacrificed to second and third by pinch hitter Thairo Estrada, Romine won by lifting a fly ball over center fielder Billy Hamilton’s head.

Before the wild sequences of the late innings, the Yankees carried a 5-0 lead into the eighth behind the dominance of left-hander James Paxton and a three-run homer by Clint Frazier. Kansas City scored six in the eighth before Romine’s RBI single in the bottom of the eighth tied it.

Dodgers 6, Brewers 5

Cody Bellinger belted his 11th home run with two out in the top of ninth inning to lift Los Angeles to a 6-5 road win over Milwaukee.

Bellinger went 3-for-4 and drove in three runs, hitting the game-winner off Milwaukee reliever Josh Hader (0-2). He also robbed Christian Yelich of a homer at the wall in the eighth inning. Kenley Jansen (2-0) pitched 1 1/3 innings and struck out the side in the ninth to earn the win.

Yelich, who leads the majors in homers with 13 and is one shy of tying Albert Pujols and Alex Rodriguez for the most home runs (14) before May 1, went 0-for-2 with two walks.

Red Sox 4, Rays 3 (11)

Christian Vazquez hit a tiebreaking sacrifice fly in the top of the 11th inning as Boston edged host Tampa Bay.

Rafael Devers began the 11th with a bloop single, and Michael Chavis, making his first major league start, followed with a walk. After a Jackie Bradley Jr. bunt advanced both runners, Vazquez lofted a deep fly to center to drive in the game-winning run.

The Red Sox rallied against Rays reliever Jose Alvarado (0-2) for the second straight game.

Cardinals 6, Mets 4

Paul Goldschmidt delivered a two-run single among his two hits as host St. Louis topped New York.

Dexter Fowler and Marcell Ozuna each had a run-scoring double and Kolten Wong added an RBI single for the Cardinals, who have scored at least four runs in each game during their 7-1 surge at home.

Dakota Hudson (1-1) overcame three solo homers and five hits total in five innings to record his first career win as a starter.

Blue Jays 5, Athletics 4

Justin Smoak hit his second home run in two days as Toronto completed a three-game sweep of host Oakland.

Brandon Drury capped a big series with a double and a single for the Blue Jays, who completed a 6-1 trip that began with three wins in four games at Minnesota.

The A’s have lost five of six.

Padres 4, Reds 3

Austin Hedges homered to help host San Diego defeat Cincinnati and avoid a four-game sweep.

The Padres had five straight hits and six in the inning against Reds starter and loser Tyler Mahle (0-2), who allowed four runs on seven hits with nine strikeouts in six innings. Mahle retired the last 10 Padres he faced.

Left-hander Joey Lucchesi (3-2) allowed one run on five hits and two walks with eight strikeouts in 5 2/3 innings to earn the win.

Angels 8, Mariners 6

Los Angeles clubbed four homers and held off visiting Seattle for the first time in six tries this season.

Tommy La Stella hit two homers, and Brian Goodwin and Kevan Smith each hit one for Los Angeles. In all, the Angels had 11 hits, including two doubles by Mike Trout.

Mariners starter Mike Leake (2-2), who yielded three homers, allowed four runs on six hits and two walks in six innings.

Nationals 5, Marlins 0

Stephen Strasburg pitched eight scoreless innings, and Ryan Zimmerman slugged two homers as Washington won at Miami.

The last-place Marlins failed to get their first three-game sweep since September of 2017 but still won their first series this year.

Strasburg (2-1) improved to 18-7 in his career against Miami. He passed Gio Gonzalez as the Nationals’ career leader in innings pitched.

Rockies 4, Phillies 1

Jon Gray pitched six shutout innings, and Colorado beat visiting Philadelphia.

Tony Wolters had two hits, including a two-run double for the Rockies, who have won six of seven.

Colorado’s Charlie Blackmon had a triple and two singles to finish 10-for-18 in the series.

Twins 4, Orioles 3

Willians Astudillo drove in two runs, and starter Kyle Gibson threw six solid innings as visiting Minnesota defeated Baltimore.

Astudillo had an RBI double plus a sacrifice fly as the Twins took a 2-0 lead in the first inning and never trailed. The victory let Minnesota complete a sweep of the three-game weekend series in Baltimore.

Gibson (1-0) gave up two runs on five hits in six innings.

Giants 3, Pirates 2

Buster Posey’s three-run home run in the fifth inning lifted visiting San Francisco over Pittsburgh, ending a four-game skid.

San Francisco starter Dereck Rodriguez (3-2) gave up two runs and three hits in 5 2/3 innings, with one walk and four strikeouts. He also singled and scored a run.

Josh Bell hit a two-run homer for Pittsburgh.

Tigers 4, White Sox 3

Daniel Norris tossed five scoreless innings in his first start this season, Gordon Beckham hit a solo homer and host Detroit edged Chicago.

Norris (1-0) allowed two hits and struck out six. Shane Greene recorded his 10th save by getting the last three outs, including two strikeouts.

White Sox starter Reynaldo Lopez (1-3) gave up three runs (two earned) and seven hits in six innings while striking out eight.

–Field Level Media

Source: OANN

Traders work on the floor at the NYSE in New York
Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., April 18, 2019. REUTERS/Brendan McDermid

April 21, 2019

By Howard Schneider and Trevor Hunnicutt

WASHINGTON/NEW YORK (Reuters) – Risk-taking has been the rage since the Federal Reserve quit hiking interest rates at the end of last year. U.S. stocks are back near record highs and investors are stockpiling the lowest-grade corporate bonds with only a smidgen of extra compensation for the added risk.

That rebounding mood on Wall Street may be welcomed by a president that has been demanding the Fed cut rates after markets fell sharply last year, and complaining that even pausing at the current level is the wrong call.

But if anything the ‘pause party’ on Wall Street makes it even less likely that the U.S. central bank will cut rates. Recent positive news on retail sales and exports, which have eased concerns of a sharply slowing economy, makes the case for a rate cut even weaker.

Investors at least have gotten the message, and shifted from projecting a rate cut later this year to now putting the odds at only 50-50 that the Fed will move lower by early 2020.

Wall Street celebrates the Fed’s ‘pause: https://fingfx.thomsonreuters.com/gfx/mkt/11/9740/9650/Pasted%20Image.jpg

The state of financial markets, say some analysts, is evidence the Fed’s rate increases last year were on point, allowing the economy to continue growing while keeping risks in check. A rate cut at this stage would only be courting problems.

“The argument for why they should keep the possibility of a rate hike on the table is because of financial stability,” Citi chief economist Catherine Mann said in remarks on Wednesday to a conference on financial stability at the Levy Economics Institute of Bard College.

After a decade of near zero interest rates, “moving toward a constellation of asset prices that embodies risks is critical for getting us to a more stable financial market,” she said, noting that both equity prices and low-grade bond yields show a market that remains too sanguine.

In their critiques of the Fed, U.S. President Donald Trump, White House chief economic adviser Larry Kudlow, and possible Fed nominee Stephen Moore have argued that lower rates would allow faster growth and be in line with Trump’s economic plans. They contend that, with the risk of inflation low, the central bank does not need to maintain ‘insurance’ against it by keeping rates where they are.

     Overlooked in that analysis are the financial stability concerns steadily integrated into Fed policymaking since the 2007 to 2009 financial crisis. Mann spoke at a conference named in honor of economist Hyman Minsky, who explored how financial excess can build during good times, and unwind in catastrophic fashion. The downturn a decade ago showed just how deeply that dynamic can scar the real economy.

     Financial stability isn’t a formal mandate for the Fed, which under congressional legislation is supposed to maintain the twin goals of maximum employment and stable prices. But since the crisis the central bank has concluded that keeping financial markets on an even keel is a necessary condition for achieving the other two aims.

    That doesn’t mean an end of volatility or a guarantee of profits, but rather that risks are properly priced and that the use of leverage – investments made with borrowed money – is kept within safe limits.

Keeping an eye on stock valuations: https://fingfx.thomsonreuters.com/gfx/mkt/11/9738/9648/Pasted%20Image.jpg

     That’s a key reason why even policymakers focused on maintaining high levels of employment, like Boston Fed president Eric Rosengren, at times have taken on a hawkish tone in favor of rate increases. The worse outcome for workers, Rosengren and others have said, would be to let markets inflate too much, and crash again, even if that means risking a bit higher unemployment in the interim. 

Markets are currently “a little rich,” Rosengren said in recent remarks at Davidson College in North Carolina.

Though not enough to warrant a rate increase, he said, it does argue against a rate reduction. Overall, Fed officials including Chairman Jerome Powell say they feel financial risks are within a manageable range, something policymakers feel has been helped along by the rate increases to date.

The state of financial markets is “something that the Fed has to wrestle with,” Rosengren said. “It’s appropriate for interest rates to be paused right now.”

Corporate bond valuations look frothy: https://fingfx.thomsonreuters.com/gfx/mkt/11/9739/9649/Pasted%20Image.jpg

(Reporting by Howard Schneider and Trevor Hunnicut; Editing by Dan Burns and Andrea Ricci)

Source: OANN

MLB: Kansas City Royals at New York Yankees
Apr 20, 2019; Bronx, NY, USA; New York Yankees center fielder Mike Tauchman (39) is greeted by right fielder Aaron Judge (99) after hitting a three run home run in the fourth inning against the Kansas City Royals at Yankee Stadium. Mandatory Credit: Wendell Cruz-USA TODAY Sports

April 21, 2019

Aaron Judge homered in the first inning but exited five innings later with a left oblique injury as the New York Yankees rolled to a 9-2 victory over the Kansas City Royals on Saturday afternoon at Yankee Stadium.

After hitting a single in the sixth with his team up 6-1, Judge appeared to feel something as he swung and ran gingerly to first base. After trainer Steve Donahue checked him over, Judge exited the game and was replaced by Tyler Wade.

Speaking to reporters after the game, manager Aaron Boone said that Judge was getting an MRI exam. Asked if Judge could avoid a trip to the injured list, Boone replied, “Probably not. No.”

Masahiro Tanaka (2-1) surrendered a homer to Whit Merrifield in the sixth among the four hits he gave up, but rebounded from a sub-par outing Sunday against the Chicago White Sox with seven strong innings. Judge and Clint Frazier homered in the opening two innings off Royals starter Heath Fillmyer (0-1), and Mike Tauchman and DJ LeMahieu hit New York’s first set of back-to-back homers this season in the fourth.

Brewers 5, Dodgers 0

Christian Yelich hit two more home runs — giving him eight in his last six games and a league-best 13 on the season — as host Milwaukee ended a three-game losing streak with a convincing victory over Los Angeles.

Yelich went deep in both the third and sixth innings against Dodgers starter Hyun-Jin Ryu (2-1). Ryan Braun also hit a home run for the Brewers, who had lost their last three games against the Dodgers going back to a series at Los Angeles last weekend.

The high-powered Dodgers offense was held to just two hits in the game and just one hit over five innings against Brewers spot starter Chase Anderson (2-0).

Indians 8, Braves 4 (Game 1)

Max Moroff belted a solo homer in the fourth inning and added an RBI single as part of a six-run fifth as host Cleveland doubled-up Atlanta in the opener of their doubleheader.

Carlos Santana had a run-scoring single among his three hits for the Indians, while Moroff, Greg Allen, Tyler Naquin, Leonys Martin and Jason Kipnis each drove in a run in a fifth inning that saw Cleveland send 11 batters to the plate and score all six runs with two outs.

Corey Kluber (2-2) bounced back after giving up six runs in two of his previous three starts, going seven innings and giving up four runs on five hits and two walks while striking out eight. Braves starter Julio Teheran (2-2) gave up five runs in 4 2/3 innings.

Braves 8, Indians 7 (Game 2)

Ronald Acuna Jr. ripped a two-run double to cap a five-run uprising in the ninth inning and Atlanta salvaged a split of the doubleheader and spoiled the season debut of Francisco Lindor.

With the Braves trailing 7-3, Ozzie Albies ripped a two-out, two-run single down the first-base line in the ninth. Adam Cimber (1-1) issued his third walk of the inning before departing in favor of Tyler Olson, who walked Freddie Freeman with the bases loaded to bring Atlanta within one. The late uprising made a winner out of Luke Jackson (2-0), who retired the side in the eighth inning.

Lindor batted in the leadoff position and went 1-for-5 and scored a run — part of the Indians’ five-run spurt in the second inning. The three-time All-Star shortstop was activated prior to the doubleheader after being sidelined since the end of spring training with an ankle injury.

Red Sox 6, Rays 5

Boston’s Andrew Benintendi hit a grand slam and drove in the game-winning run with a ninth-inning sacrifice fly to lead Boston to a win over host Tampa Bay — despite the Rays setting a team record with four triples in the game.

The Rays had runners on first and second with two outs in the bottom half of the ninth, but Boston catcher Christian Vazquez picked off Tommy Pham at first base to end the game.

Reliever Matt Barnes (2-0) earned the win, Ryan Brasier recorded his fifth save and Mookie Betts had two hits for the Red Sox, who won their second straight. Jose Alvarado (0-1) took the loss as the Rays lost their third in a row.

Phillies 8, Rockies 5

Bryce Harper and Andrew McCutchen homered, Phil Gosselin drove in three runs with a double, and Philadelphia topped Colorado in Denver.

Aaron Nola (2-0) struck out nine in 5 2/3 innings for the win, giving up nine hits and walking one while surrendering three runs. Hector Neris got the last five outs for his third save.

Charlie Blackmon homered and fell a double short of the cycle and Raimel Tapia also went deep for the Rockies, who had their five-game winning streak snapped. Antonio Senzatela (1-1) gave up four runs on seven hits in six innings. He struck out three and walked one.

Pirates 3, Giants 1 (5 inn.)

Cole Tucker hit a go-ahead two-run home run in his major league debut as Pittsburgh extended its winning streak to five games with a rain-shortened win over visiting San Francisco. The game was called after a 3-hour, 8-minute delay.

In just his third at-bat in the big leagues, Tucker crushed a 2-2 pitch against Giants left-hander Derek Holland (1-3) onto the grass berm beyond the center field wall. The blast, into a stiff breeze, came in the bottom of the fifth, minutes before the infield was covered because of an arriving rainstorm.

The Giants’ Steven Duggar had tied the game 1-1 in the top of the fifth on an RBI single against Pirates starter Jameson Taillon (1-2). San Francisco lost its fourth consecutive game and fell for the fifth time in its past six contests.

Cardinals 10, Mets 2

Miles Mikolas gave up two runs in eight innings and drove in two runs with a second-inning single to help host St. Louis rout New York.

Mikolas (2-1), who led the National League with 18 wins last season, allowed four hits, struck out four and walked two on 100 pitches. Jose Martinez had three hits and three RBIs, Yadier Molina had two hits and two RBIs, and Paul DeJong had two hits and two runs for the Cardinals in the second game of the three-game series.

Mets right-hander Chris Flexen (0-1) was recalled from Triple-A Syracuse to start in place of Jacob deGrom, who was placed on the 10-day injured list on Friday with elbow discomfort. He had had an easy first inning, but gave up three runs in the second and two more in the third.

Rangers 9, Astros 4

Texas knocked two-time All-Star Gerrit Cole out of the game after 4 1/3 innings and rolled to a win over in-state rival Houston in Arlington, Texas.

The Rangers scored five runs in the first inning as Cole (1-3) gave up nine runs (eight earned) and nine hits, striking out eight and walking three in what he told reporters was, “probably the worst (start) of my career.”

Danny Santana had three hits and Joey Gallo had two — including his eighth home run of the season — for the Rangers, who got four shutout innings from starter Adrian Sampson before he struggled in the fifth and left the game two outs shy of qualifying for his first major league win. Shawn Kelley (3-0) got the final two outs in the fifth and pitched a scoreless sixth to earn the victory.

Diamondbacks 6, Cubs 0

Eduardo Escobar, David Peralta and John Ryan Murphy each homered, and Arizona got a solid outing from starter Zack Greinke to top host Chicago.

Christian Walker added a career-high four hits and scored a run for Arizona, which earned its fifth win in the past six games. Chicago’s four-game winning streak came to an end as Greinke (3-1) pitched six innings to register his first career victory at Wrigley Field. Diamondbacks right-hander Taylor Clarke earned a three-inning save in his major league debut.

Cubs right-hander Yu Darvish (1-3) gave up three runs — including back-to-back solo homers in the first — on five hits in five innings. He walked three and fanned seven.

Marlins 9, Nationals 3

Miami clinched its first series win of the season, beating three-time Cy Young winner Max Scherzer and visiting Washington.

Besides the loss, there was more bad news for Washington as third baseman Anthony Rendon left the game after he was hit on his left elbow by a 95 mph fastball thrown by Marlins starter Jose Urena (1-3). Rendon went 0-for-1, ending the majors’ longest active hit streak at 17 games.

Scherzer (1-3) gave up 11 hits — one short off his career worst — and seven runs, six earned. He struck out nine and walked none.

Twins 6, Orioles 5 (Game 1)

Eddie Rosario hit two home runs for the second consecutive game and Byron Buxton had a two-run double to lead visiting Minnesota past Baltimore in the first game of a doubleheader.

Rosario, who also reached over the fence at the 364-foot sign in left-center field to rob Chris Davis of a leadoff home run in the sixth, became just the third Twins player to have back-to-back multi-homer games, joining Hall of Famer Kirby Puckett (1987) and Don Mincher (1963). His eight home runs are the most by a Minnesota player in the first 17 games of the season, breaking a tie with Tony Oliva, who had seven in 1966.

Jose Berrios (3-1) gave up four runs, including three home runs, on eight hits over six innings to improve to 4-0 all-time against the Orioles. He walked three and struck out five. Reliever Jimmy Yacabonis (1-1) took the loss, giving up three runs on two hits and a hit batter while recording only two outs in the sixth inning.

Twins 16, Orioles 7 (Game 2)

Rosario hit another home run and Minnesota tied a franchise record with eight home runs to complete the doubleheader sweep with an easy win in the nightcap.

Mitch Garver (five RBIs), Nelson Cruz (four hits, four runs scored) and Jonathan Schoop (four RBIs) each hit two home runs, while C.J. Cron also homered. Rosario’s five home runs over three games tied the Twins’ franchise mark for any three-game span — originally set by Harmon Killebrew (Sept. 21-22, 1963) and later tied by Brian Dozier (Sept. 4-6, 2016).

Martin Perez (2-0) picked up the win for the Twins, giving up four runs on six hits and a walk over six innings while striking out two. Alex Cobb (0-1), making his first start since coming off the injured list after a bout of back spasms, tied his career high by allowing nine runs on 10 hits in 2 2/3 innings.

Blue Jays 10, Athletics 1

Rowdy Tellez and Brandon Drury hit back-to-back home runs in a five-run fourth inning as Toronto overcame an injury to starting pitcher Matt Shoemaker to thump host Oakland.

Even though he left after three innings with a knee injury, Shoemaker teamed with Sam Gaviglio (2-0) and Elvis Luciano on a six-hitter for Toronto’s second consecutive win of the series. Mike Fiers (2-2) took the loss for the A’s, who also were beaten 5-1 by the Blue Jays in the opener of the three-game set on Friday night.

The blowout ended with former Blue Jays slugger Kendrys Morales making his second career relief appearance. Facing his old teammates, he gave up one run on a single, two walks, a hit batter and a sacrifice fly in his one inning.

Reds 4, Padres 2

Right-hander Luis Castillo held slumping San Diego to one run on four hits over six innings as visiting Cincinnati won for the third straight time at Petco Park.

The Padres have lost six in a row and five straight at home. They are down to.500 after an 11-5 start to the season.

Castillo (2-1) recorded nine of the Reds’ 14 strikeouts on the night while issuing one walk. Right-hander Raisel Iglesias struck out the side in the ninth to pick up his fourth save. The Reds scored three runs (two earned) on six hits and two walks in five innings against left-handed Padres starter Eric Lauer (2-3).

Mariners 6, Angels 5

Seattle hit four home runs, giving the Mariners 11 in the first three games of the series, and again beat Los Angeles in Anaheim, Calif. The Angels have lost six in a row overall and all five games against Seattle this season.

Mariners center fielder Mitch Haniger homered off Trevor Cahill (1-2) to lead off the game, and Edwin Encarnacion, Domingo Santana and Daniel Vogelbach also homered in the game — giving the team 53 thus far. Seattle has homered in all but one of 24 games this season.

The Angels’ offense, however, kept them in the game, getting 10 hits against Mariners starter Yusei Kikuchi (1-1), who went five innings and allowed four runs to get the victory. Albert Pujols hit an RBI double and solo home run as he tied and then passed Babe Ruth on the career RBIs list. Pujols is now fifth in MLB history with 1,993. Next up is Lou Gehrig at No. 4 with 1,995.

White Sox at Tigers, ppd.

Chicago’s scheduled game at Detroit was rained out and will be made up as part of a doubleheader on Aug. 6.

–Field Level Media

Source: OANN

MLB: Kansas City Royals at New York Yankees
Apr 20, 2019; Bronx, NY, USA; New York Yankees right fielder Aaron Judge (99) rounds second base after hitting a solo home run in the first inning against the Kansas City Royals at Yankee Stadium. Mandatory Credit: Wendell Cruz-USA TODAY Sports

April 21, 2019

New York Yankees right fielder Aaron Judge exited Saturday’s game against the Kansas City Royals with one out in the bottom of the sixth inning with a left oblique injury.

Already with a home run in the first inning — his fifth of the season — Judge singled to right field in the sixth but appeared to feel something on the swing. He gingerly ran to first base and was lifted from the game after a brief consultation from trainer Steve Donahue.

Manager Aaron Boone told reporters afterward that Judge was getting an MRI exam. Asked if Judge could avoid a trip to the injured list, Boone replied, “Probably not. No.”

New York began the game with 12 players on the injured list, including Giancarlo Stanton (strained left biceps), Gary Sanchez (strained left calf) and Luis Severino (right rotator cuff inflammation).

–The Cleveland Indians activated All-Star shortstop Francisco Lindor from the 10-day injured list ahead of his team’s doubleheader against the Atlanta Braves and designated veteran Hanley Ramirez for assignment.

Lindor, who suffered a right calf strain before spring training play began and later sprained his left ankle, hit .417 with two home runs, a double and two RBIs in three games in a rehab stint with Triple-A Columbus.

Lindor is a career .288 hitter who delivered career bests with 38 home runs and 92 RBIs last season. The three-time All-Star finished second in the voting for Rookie of the Year in 2015. Ramirez was hitting just .184 with a double and two home runs in 49 at-bats this season.

–The Boston Red Sox placed right-hander Nathan Eovaldi on the 10-day injured list with a loose body in his right elbow, a move retroactive to Thursday.

The Red Sox called up left-hander Bobby Poyner from Triple-A Pawtucket in a corresponding move. They face the Rays in Tampa Bay on Saturday night.

Eovaldi has yet to get a decision and sports a 6.00 ERA in four starts this season, the first of a four-year deal he signed with Boston in the offseason. The 29-year-old was 6-7 with a 3.81 ERA in 22 games (21 starts) in 2018 but was 3-3 with a 3.33 ERA after being acquired by the Red Sox from Tampa Bay in late July and turned in a superb postseason for the eventual champions.

–A day after the New York Mets placed ace Jacob deGrom on the injured list, he threw in the outfield and told reporters he “felt completely normal.”

He played catch from 120 feet in the outfield at Busch Stadium in St. Louis and reported a positive outcome.

The team announced Friday that deGrom would undergo an MRI exam on Monday, but that is now up in the air, manager Mickey Callaway told reporters. DeGrom will meet with team medical director Dr. David Altchek in New York, who will make the call on the MRI.

–The Pittsburgh Pirates placed center fielder Starling Marte and shortstop Erik Gonzalez on the injured list, one day after the two were hurt in a fierce collision chasing after a pop fly.

Marte suffered a bruised abdominal wall while Gonzalez fractured his left clavicle in the collision during Friday’s win over San Francisco. Marte was placed on the 10-day IL and Gonzalez went on the 60-day IL.

Pittsburgh recalled shortstop Cole Tucker and outfielder Bryan Reynolds from Triple-A Indianapolis. Both players started Saturday’s game against the Giants in their major league debuts.

–Pitcher Gio Gonzalez opted out of his contract with the Yankees and intends to become a free agent, MLB.com reported.

Per the terms of Gonzalez’s contract, the Yankees have 48 hours to grant his release or add him to the roster. If he is put on the roster, Gonzalez will be paid a $3 million base salary, along with $300,000 per start.

In three starts at Triple A-Scranton/Wilkes-Barre, he as a 2-1 record with an ERA of 6.00.

–Field Level Media

Source: OANN

FILE PHOTO: Peru's former President Pedro Pablo Kuczynski is seen at a court, after his arrest as part of an investigation into money laundering, in Lima
FILE PHOTO: Peru’s former President Pedro Pablo Kuczynski is seen at a court, after his arrest as part of an investigation into money laundering, in Lima, Peru April 16, 2019. Picture taken April 16, 2019. REUTERS/Guadalupe Pardo

April 19, 2019

LIMA (Reuters) – A Peruvian judge on Friday ordered former President Pedro Pablo Kuczynski to spend up to three years in jail while prosecutors prepare corruption charges against him for allegedly taking bribes from Brazilian construction company Odebrecht.

The decision comes just two days after another former Peruvian president, Alan Garcia, committed suicide to avoid arrest in connection with Odebrecht, a Brazilian firm that has laid waste to Peru’s established political class as it has implicated officials and political leaders in alleged bribery schemes.

Kuczynski, an 80-year-old former Wall Street banker who once held U.S. citizenship, denies wrongdoing. Kuczynski did not attend the hearing before Judge Jorge Chavez on Friday because he was receiving treatment for heart problems in a local clinic.

After Garcia killed himself on Wednesday, Kuczynski’s attorney asked prosecutor Jose Domingo Perez to consider putting Kuczynski under house arrest instead of pre-trial detention as planned. But Perez said Kuczynski’s health problems could be treated without problem in jail, and Judge Chavez approved his request to hold Kuczynski in jail for 36 months before trial.

The ruling came as Garcia was being buried and will likely further fuel criticism that the Odebrecht probe has become too aggressive and that prosecutors and judges were abusing the use of so-called “preventive prison,” or pre-trial detention.

Under Peruvian law, criminal suspects can be held in jail before trial for up to three years if prosecutors show evidence that they would likely be convicted and would probably try to flee or obstruct the investigation unless detained.

Peru’s four most recent presidents and the leader of the opposition have been ordered to pre-trial detention in connection with Odebrecht since the company admitted in late 2016 that it paid some $30 million in bribes to Peruvian politicians, part of a sophisticated bribery system its former executives detailed to authorities abroad.

Prosecutors in the Odebrecht probe say they need preventive prison to keep wealthy and powerful suspects from evading justice as they gather evidence in the country’s biggest graft investigation. But critics, including the chief justice of Peru’s Constitutional Tribunal, Ernesto Blume, say it is being used excessively in response to anger at widespread corruption.

Kuczynski, who was president a little over a year ago, has said he has cooperated fully with investigators, even declining to file an appeal when they barred him from leaving the country shortly after resigning in March of 2018.

As president, Kuczynski initially denied having any link to Odebrecht. But he eventually acknowledged his consulting company advised Odebrecht on financing for projects that it had won while he was a cabinet minister in the government of former President Alejandro Toledo.

Toledo is fighting extradition from the United States after a judge ordered him jailed before a trial over allegations he took a $20 million bribe Odebrecht.

Another former president, Ollanta Humala, spent nine months in pre-trial detention in connection with Odebrecht before he was released on appeal.

(Reporting By Mitra Taj)

Source: OANN

Shocking video is being filmed at America’s southern border on a daily basis as civilian patriots captured footage of a 70-bus caravan and a “lookout” drone Thursday night.

Infowars has covered the group, United Constitutional Patriots (UCP), multiple times this week after they caught a group of over 300 illegals Tuesday night and another group of more than 90 on Wednesday.

The group is now under fire by MSM, the New Mexico government and the New Mexico ACLU over their work.

Patriot border patroller Conservative Anthony has captured footage of over 70 buses arriving at the border and a “lookout” drone used by smugglers.

At the 26:45 timestamp in the following video, a drone can be seen monitoring the border to ensure the illegals safe entry into the U.S. as they try to avoid Border Patrol or citizen patrols.

“Lookout” drones are frequently used to assist smugglers who sneak illegal immigrants into the country.

At the 26:30 timestamp, the next video shows what is reported to be a caravan of over 70 buses arriving into Anapra, Mexico in the middle of the night.

Anthony will join The War Room Friday at 4:30 P.M. CST for an exclusive interview where he’ll discuss the latest footage he’s captured and what life is like patrolling the southern border.

United Constitutional Patriots vow to patrol the border until President Trump’s wall is built.

Source: InfoWars

Just days after Border Patrol apprehended 1,800 illegal immigrants in one day, the government of New Mexico and the ACLU are criticizing a citizen group patrolling the border.

“It should go without saying that regular citizens have no authority to arrest or detain anyone,” New Mexico’s Democrat Governor Michelle Lujan Grisham told the New York Times.

She also said it’s “completely unacceptable” that migrant families “might be menaced or threatened in any way, shape or form when they arrive at our border.”

Meanwhile, the American Civil Liberties Union (ACLU) of New Mexico sent a letter to Governor Grisham and Attorney General Hector Balderas on Thursday asking for the group of patriots voluntarily patrolling the border to be investigated.

Below is an excerpt of the letter in which they call the group, United Constitutional Patriots (UCP), “white nationalists” and “fascists.”

“Two nights ago, on April 16, 2019, an armed fascist militia organization describing itself as the United Constitutional Patriots arrested nearly three hundred people seeking safety in the United States, including young children, near Sunland Park, New Mexico. Other videos appear to show arrests in the past few hours.[1] The vigilante members of the organization, including Jim Benvie, who posted videos and photographs[2] of the unlawful arrests to social media, are not police or law enforcement and they have no authority under New Mexico or federal law to detain or arrest migrants in the United States. Their actions undermine the legitimate efforts of our state’s law enforcement officials to keep New Mexico families safe and they erode community trust. The Trump administration’s vile racism has emboldened white nationalists and fascists to flagrantly violate the law. This has no place in our state: we cannot allow racist and armed vigilantes to kidnap and detain people seeking asylum. We urge you to immediately investigate this atrocious and unlawful conduct.”

New Mexico Attorney General Hector Balderas bashed the group in a statement, saying, “These individuals should not attempt to exercise authority reserved for law enforcement.”

A spokesperson for the civilian group, Jim Benvie, said the detention of illegals amounts to “a verbal citizen’s arrest,” which is basically a bluff used to stop border crossers until Border Patrol arrives.

“We’re just here to support the Border Patrol and show the public the reality of the border,” Benvie insisted, adding, “Border Patrol has never asked us to stand down.”

Infowars has covered UCP multiple times this week after they caught a group of over 300 illegals Tuesday night and another group of more than 90 on Wednesday.

Patriot border patroller Conservative Anthony will join The War Room Friday at 4:30 P.M. CST for an exclusive interview where he’ll discuss the latest footage he’s captured, including over 70 buses arriving at the border and a “lookout” drone used by smugglers.

At the 26:45 timestamp in the following video, a drone can be seen monitoring the border to ensure the illegals safe entry into the U.S. as they try to avoid Border Patrol or citizen patrols.

“Lookout” drones are frequently used to assist smugglers who sneak illegal immigrants into the country.

At the 26:30 timestamp, the next video shows what is reported to be a caravan of over 70 buses arriving into Anapra, Mexico in the middle of the night.

While the government of New Mexico has its scope set on United Constitutional Patriots, the group vows to patrol the border until President Trump’s wall is built.

Source: InfoWars


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