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Iran tests more missiles - Reuters UK
Fears that the government will be forced to rescue Fannie Mae and Freddie Mac could well become a self-fulfilling prophecy. Shares of the government-chartered mortgage finance giants plummeted Thursday and are trading at levels last seen in the early 1990s. If the prices don't recover, it will be ...
Read moreFannie, Freddie sink on government rescue fears - Forbes
SEOUL, South Korea : A tourism company says a South Korean visitor to a North Korean mountain resort was fatally shot by a North Korean soldier. Hyundai Asan says the North Korean soldier opened fire after the woman crossed into a restricted area at a beach inside the resort area Friday morning ...
Read moreSKorean tourist shot by NKorean soldier - International Herald Tribune
Federal Reserve Chairman Ben Bernanke and Treasury Secretary Henry Paulson told Congress Thursday that new regulatory powers are needed to insulate the national economy from damage if a big Wall Street firm were to fail. The nation's top economic policymakers took their campaign to rework financial ...
Read moreMeeting of the Minds On Regulatory Revamp - Washington Post
WASHINGTON -- Struggling homeowners who can't afford their mortgages and banks facing big losses would get government help under a foreclosure rescue that has broad bipartisan support. The plan is headed for Senate passage Friday, but faces a bumpy road, with the House planning a rewrite and the ...
Read moreForeclosure rescue to pass Senate; House next - Los Angeles Times
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 ...
Read moreFamily's hopes for soldier end - Boston Globe
KUALA LUMPUR, Malaysia (AP) -- Oil climbed above $143 a barrel Friday in Asia, boosted by concerns over possible disruption to tight global supplies amid tensions over Iran's launch of test missiles and the possible renewal of oil-related violence in Nigeria. "There's always a fear premium in ...
Read moreOil shoots higher on Iran tensions - CNN Money
JOLIET, Ill. -- Tony Stewart knows he's taking a gamble by leaving NASCAR's elite Joe Gibbs Racing team to join one that usually runs in the middle of the pack. But Stewart also can imagine what it might feel like to be in victory lane at the Daytona 500 both as a driver and a car owner, so it's a ...
Read moreStewart to leave Gibbs, become owner-driver in '09 - Los Angeles Times
JOHANNESBURG, South Africa -- Seeking a way out of their country's political crisis, Zimbabwean government and opposition officials met in South Africa, with the opposition pressing for an end to attacks on its supporters. Opposition leader Morgan Tsvangirai said Thursday that he sent a team to ...
Read moreZimbabwe government, opposition meet in S. Africa - Washington Post
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 ...
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