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Fannie, Freddie sink on government rescue fears - Forbes

MIAMI — Forecasters say a tropical storm watch could be issued for Bermuda as Hurricane Bertha moves slowly toward the island. Forecasters are urging people in Bermuda to monitor the Category 1 storm's progress closely. Bertha is producing large swells and high surf there. If it stays on its ...

Hurricane Bertha approaches Bermuda - Houston Chronicle

The Iranian military's big show-and-tell was a fake. The mullah regime doctored its provocative photos of missile tests to cover up their failure - and then lied about the size of a second round of tests, Western analysts said yesterday. Close examination of the photos, radar data and other ...

IRAN'S BOGUS BALLISTICS - New York Post

LAWRENCE - The body of Alex R. Jimenez, a Lawrence soldier who was kidnapped by Al Qaeda-linked terrorists more than a year ago, has been found in Iraq in a tragic ending to a family's desperate hope for his return. Jimenez's father, Ramon "Andy" Jimenez, was notified by the Army yesterday that his ...

Family's hopes for soldier end - Boston Globe

(DON THOMPSON) —Firefighters battling a raging wildfire in the Sierra Nevada foothills of California braced for strong winds Friday they feared could blow hot embers toward thousands of homes, while residents in Washington state's Spokane Valley fled a fire that destroyed several houses. The winds ...

Wildfires Destroy Wash. Homes - Time

WASHINGTON (Reuters) - It is the summer-time blues for both Democrat Barack Obama and Republican John McCain. Despite a political environment favorable to him, Obama has yet to build a substantial lead over McCain in national opinion polls and lately has been defending himself against charges of ...

Summer-time blues for Obama, McCain - Reuters

SINGAPORE (Thomson Financial) - World oil prices continued higher on Friday in Asian trade after a sharp jump overnight driven by concerns about global crude supplies and tensions with Iran, analysts said. New York's main oil futures contract, light sweet crude for August delivery, rose 58 cents to ...

Oil prices continue higher in Asian trade - UPDATE - Forbes

WASHINGTON - The nation's top economic officials urged Congress yesterday to give them new regulatory tools to better protect the country from economic and financial havoc if a major Wall Street firm were to fail. Federal Reserve Chairman Ben S. Bernanke and Treasury Secretary Henry M. Paulson Jr ...

Officials seek better regulatory tools - Baltimore Sun

Heavy squalls washed out the Sprint Cup's scheduled Thursday night qualifying session at Chicagoland Speedway in Joliet . As a result, the starting grid for Saturday night's LifeLock.com 400 will be based on owner points. That puts Joe Gibbs Racing's Kyle Busch , who has six victories this season ...

Busch wins in a washout - Chicago Tribune

TOKYO - The new iPhone model went on sale in the Asia-Pacific region Friday, making its debut in Japan amid swirling smoke after a 30-second countdown chanted by hundreds of people lined up, some for days, snaking around the block. The celebration at Japanese carrier Softbank Corp.'s store, which ...