S&P: Home prices drop by record 15.8 pct. in May NEW YORK - Home prices tumbled by the steepest rate ever in May, according to a closely watched housing index released Tuesday, as the housing slump deepened nationwide. Edge of Hurricane Dolly lashes Texas coast BROWNSVILLE, Texas - Hurricane Dolly strengthened early Wednesday as its leading edge lashed the Gulf Coast near the Texas-Mexico border with heavy rain and powerful winds. Major turbulence ahead for airlines New York - America's aviation system could be at risk of collapsing by the beginning of next year.