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Fed to curb shady home-lending practices (AP)

Federal Reserve Chairman Ben Bernanke is reflected in a piece of glass during his keynote address at the FDIC Forum on Mortgage Lending for Low and Moderate Income Households, Tuesday, July 8, 2008, in Arlington, Va. (AP Photo/Luis M. Alvarez)AP - The Federal Reserve will issue new rules next week aimed at protecting future homebuyers from dubious lending practices, its most sweeping response to a housing crisis that has propelled foreclosures to record highs.


Date: Wed, 09 Jul 2008 01:23:44 GMT


Iraq insists on withdrawal timetable for US troops (AP)

U.S. Army Sgt. John Orem, right,  and Staff Sgt. Eric Atkinson, left, from 4th Squadron, 2nd Stryker Cavalry Regiment search a home in Sa'ada, about 30 kilometers (20 miles) north of Baghdad in Iraq's volatile Diyala province on Monday, July 7, 2008. Iraqi and U.S. Army troops fanned out in search of weapons and suspected militia members. (AP Photo/Maya Alleruzzo)AP - Iraq's national security adviser said Tuesday his country will not accept any security deal with the United States unless it contains specific dates for the withdrawal of U.S.-led forces.


Date: Wed, 09 Jul 2008 01:27:24 GMT


US, allies want global pollution slashed — by 2050 (AP)

A member of international relief group Oxfam dressed as US President George W. bush displays balloons representing the amount of carbon his country emits per capita during a performance in Sapporo on Japan's northern main island of Hokkaido Tuesday, July 8, 2008. The G8 leaders from the United States, Japan, Russia, France, Britain, Canada, Italy and Germany are holding their three-day summit  to discuss about global warming and food and oil crisis in the lakeside resort of Toyako. (AP Photo/Itsuo Inouye)AP - World leaders embraced for the first time on Tuesday an ambitious but nonbinding goal of slashing greenhouse-gas emissions in half by midcentury to stave off global warming. Unimpressed environmentalists called the effort too slow and too uncertain.


Date: Wed, 09 Jul 2008 00:46:06 GMT


McCain, Obama pitch economic plans to Hispanics (AP)

Republican presidential candidate Senator John McCain gestures as he addresses a League of United Latin American Citizens conference in Washington, July 8, 2008. (Jonathan Ernst/Reuters)AP - Republican John McCain and Democrat Barack Obama sought Tuesday to send the same message to a critical constituency: They understand that Hispanics share the same economic concerns as other Americans — and they will help the whole country prosper.


Date: Wed, 09 Jul 2008 01:31:22 GMT


Study group: 1973 war powers legislation should be replaced (AP)

National War Powers Commission co-chairs, former Secretaries of State James A. Baker, III, left, and Warren Christopher, right, listen to a question during a news  conference on Capitol Hill in Washington, Tuesday, July 8, 2008. The bi-partisan Commission concluded that the War Powers Resolution of 1973 has failed to promote cooperation between the two branches of government and recommended that Congress pass a new statute--the War Powers Consultation Act of 2009.  (AP Photo/Susan Walsh)AP - The next time the president goes to war, Congress should be consulted and vote on whether it agrees, according to a bipartisan study group chaired by former secretaries of state James Baker III and Warren Christopher.


Date: Wed, 09 Jul 2008 01:32:32 GMT


As some flee fires anew, others return for a time (AP)

Greg Davis, of the Platte Canyon fire crew, out of Bailey, Colo., takes down hot spots in a wildfire-ravaged forest in Big Sur, Calif., Monday, July 7, 2008. Firefighters continue to fight the Basin Complex Fire in the Los Padres National Forest near Big Sur Monday as temperatures are expected to rise. (AP Photo/Marcio Jose Sanchez)AP - Firefighters pushed back a blaze threatening this small coastal community just enough to allow hundreds of people to check on their homes Tuesday as a separate fire 300 miles north forced residents of other towns to evacuate.


Date: Wed, 09 Jul 2008 01:52:25 GMT


FTC considers backing off nicotine guidance (AP)
AP - The Federal Trade Commission said Tuesday that it no longer considers reliable a test for tar and nicotine used for more than 40 years and touted by the tobacco industry in marketing "light" and "low-tar" cigarettes.

Date: Wed, 09 Jul 2008 01:33:40 GMT


Oil extends slide into 2nd day, losing over $5 (AP)

Graphic shows the price of crude oil; 1c x 3 inches; 46.5 mm x 76.2 mmAP - Oil tumbled more than $5 a barrel Tuesday in its second big drop this week, hurling crude back to levels not seen since June 26 as traders wary about the health of the global economy cashed in gains from oil's recent rally.


Date: Wed, 09 Jul 2008 01:34:41 GMT


Nielsen: TV viewing up overall, but not last week (AP)
AP - You wouldn't necessarily know it from last week, but Nielsen Media Research says TV viewership is on the rise.

Date: Wed, 09 Jul 2008 01:37:38 GMT


Cubs acquire pitcher Rich Harden from Athletics (AP)

In this June 20, 2008 file photo, Oakland Athletics starting pitcher Rich Harden throws to the Florida Marlins in the third inning of a baseball game in Oakland, Calif.  The Chicago Cubs have acquired pitcher Harden from the Oakland Athletics in a six-player trade.   The Cubs will receive the right-handed Harden and  Chad Gaudin for pitcher Sean Gallagher, outfielders Matt Murton and Eric Patterson, and minor leaguer John Donaldson.   (AP Photo/Marcio Jose Sanchez)AP - One day after the Milwaukee Brewers landed an ace, the Chicago Cubs answered. Intent on ending their 100-year drought without a World Series title, the NL Central leaders acquired talented right-hander Rich Harden in a six-player deal with the Oakland Athletics on Tuesday.


Date: Wed, 09 Jul 2008 01:03:56 GMT

 


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