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Bush Calls on Congress to Pass Housing, Energy

Posted: 07/15/2008 - President Bush said Tuesday the nation's troubled financial system is "basically sound" and urged lawmakers to quickly enact legislation to prop up mortgage giants Fannie Mae and Freddie Mac.

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Jesse Ventura Not Running For Senate

Posted: 07/15/2008 - In his appearance on CNN's "Larry King Live" Monday, the former pro wrestler called it an "agonizing decision" and said he thought he could have defeated incumbent Republican Sen. Norm Coleman and Democrat challenger Al Franken, the former "Saturday Night Live" personality.

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Bernanke: Economy Faces 'Numerous Difficulties'

Posted: 07/15/2008 - Federal Reserve Chairman Ben Bernanke told Congress Tuesday the fragile economy is facing "numerous difficulties" including persistent strains in financial markets, rising joblessness and housing problems — despite the Fed's aggressive interest rate reductions and other fortifying steps.

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GM to Cut Salaried Workers, Production, Dividend

Posted: 07/15/2008 - General Motors Corp. said Tuesday it will lay off salaried workers, cut truck production, suspend its dividend and borrow $2 billion to $3 billion to weather a severe downturn in the U.S. market.

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Bernanke says Economy Faces Difficulties

Posted: 07/15/2008 - Federal Reserve Chairman Ben Bernanke told Congress Tuesday that the fragile economy is being confronted by "numerous difficulties" including persistent strains in financial markets, rising joblessness and housing problems, despite aggressive interest rate reductions and other fortifying steps over the past year.

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Stocks Drop Again Amid Fears about Financials

Posted: 07/15/2008 - Stocks were knocked lower again Tuesday as investors grappled with escalating instability in the financial sector and sobering comments from Federal Reserve Chairman Ben Bernanke. The Dow Jones industrial average fell about 200 points.

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John Mellencamp to Announce Farm Aid Concert

Posted: 07/15/2008 - John Mellencamp is scheduled to hold a news conference in Boston on Tuesday to announce that the show will be held September 20th at the Comcast Center in Mansfield.

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Trial Date Set for 14 Year Olds Murder Case

Posted: 07/15/2008 - A St. Louis County judge has set a trial date for the case against a 14-year-old boy accused of first-degree murder. Judge John Ross set a Nov. 10 trial date for Owen Welty.

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Missouri Man Drowns at Lake of the Ozarks

Posted: 07/15/2008 - A 69-year-old Missouri man is the latest drowning victim at Lake of the Ozarks. The Missouri State Water Patrol said Max Moyer of Camdenton fell into the water from a dock in the Niangua Arm of the lake at 9:30 p.m. Monday.

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Police: Iraq Suicide Bombers Kill 28 Army Recruits

Posted: 07/15/2008 - Two suicide bombers blew themselves up in a crowd of army recruits Tuesday in an Iraqi province where devastating attacks persist despite security improvements elsewhere. At least 28 people died, the Iraqi police and military said.

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Mystery Insect Bugging Experts at London Museum

Posted: 07/15/2008 - The experts at London's Natural History Museum pride themselves on being able to identify species from around the globe, from birds and mammals to insects and snakes. Yet they can't figure out a tiny red-and-black bug that has appeared in the museum's own gardens.

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Jolie's Famous Dad Happy about New Twin Grandchildren

Posted: 07/15/2008 - Jon Voight says he's doubly happy about his ultra-famous new grandchildren. Voight says he's "so excited" that daughter Angelina Jolie has given birth to twins in southern France.

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Physical Fitness May Slow Alzheimer Brain Atrophy

Posted: 07/15/2008 - Getting a lot of exercise may help slow brain shrinkage in people with early Alzheimer's disease, a preliminary study suggests. Analysis found that participants who were more physically fit had less brain shrinkage than less-fit participants.

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Jimmy Kimmel and Sarah Silverman End Romance

Posted: 07/15/2008 - Jimmy Kimmel and Sarah Silverman have broken up, their publicists said Monday. "Jimmy and Sarah have no further comment," Kimmel's spokesman Lewis Kay told The Associated Press, confirming the split that was first reported on Vanity Fair magazine's Web site.

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Obama Sets Stage For Trip WIth Major Iraq Speech

Posted: 07/15/2008 - Barack Obama is setting the stage for his upcoming visit to Iraq with a high-profile explanation of his opposition to the war there and his pledge to complete a U.S. troop pullout within 16 months of becoming president.

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Oil Holds Above $145 a Barrel in Asia

Posted: 07/15/2008 - Oil held above $145 a barrel Tuesday in Asia as a series of threats to supply in a finely balanced market continues to keep a floor under prices.

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Police: Iraq Suicide Bombers Kill 28 Army Recruits

Posted: 07/15/2008 - Two suicide bombers blew themselves up in a crowd of army recruits Tuesday in a former al-Qaida in Iraq stronghold northeast of Baghdad, killing at least 28 people, Iraqi police said.

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Asia, Europe Stocks Drop on Credit Woes

Posted: 07/15/2008 - Asian and European stock markets fell sharply Tuesday as investor confidence in the U.S. financial system eroded even further despite a government-backed plan to help beleaguered mortgage financiers Fannie Mae and Freddie Mac.

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Pilgrims Carry Cross through Sydney for Pope Visit

Posted: 07/14/2008 - Pilgrims bore a giant wooden cross through the streets of Australia's largest city Monday, as thousands of faithful crowded around the procession, some lunging for a chance to touch the symbol of the Roman Catholic Church's youth festival.

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