By Hamid Shalizi KABUL (Reuters) - Foreign staff and dozens of students were trapped inside the campus of the American University of Afghanistan in Kabul on Wednesday after suspected militants attacked it with explosives and gunfire, a senior government official said. The interior ministry official said that elite Afghan forces had surrounded the university compound, where shooting lasted for more than an hour after the assault began at around 6.30 p.m. (10:00 a.m. EDT). News on casualties was sketchy, but Mohammad Saleem Rasouly, head of hospitals in the Afghan capital, told Reuters that at least one student had been killed and 14 wounded.
U.S. home resales fell more than expected in July after four straight months of strong gains, as a lack of inventory limited choice for buyers, but further price rises suggested the housing market remained on solid ground. The slump in sales reported by the National Association of Realtors on Wednesday is likely to be temporary, given that a tightening labor market is steadily pushing up wages and mortgage rates are near historically low levels. Existing home sales declined 3.2 percent to an annual rate of 5.39 million units last month, the NAR said.