Home sales at 10-year low, jobless claims jump
WASHINGTON (Reuters) - Jobless claims jumped and the pace of existing home sales tumbled to a 10-year low as slowing growth hit hiring and a glut of unsold houses weighed on real estate, data released on Thursday showed.
Nations:U.S. Activities:2007 Global Credit Crunch 2008 U.S. Recession Source:(Reuters)
2008-07-24
Thanks to Olympics, Beijing gets its Eiffel Tower, of sorts
BEIJING — London has Big Ben, Paris has the Eiffel Tower , San Francisco has the Golden Gate Bridge and now Beijing has an iconic structure that's likely to identify the city forever.
Nations:China France U.S. Australia Activities:2008 Beijing Olympics Source:(McClatchy)
2008-07-20
Jolie and twins slip out of hospital in Nice
PARIS - Angelina Jolie has left the building. Oh, and so have the twins. Before dawn Saturday, the Hollywood superstar and her newborn twins left the French Riviera hospital where she gave birth a week ago, the hospital said in a statement.
Nations:France U.S. People:Angelina Jolie Clint Eastwood Brad Pitt Source:(AP)
2008-07-19
House Speaker Pelosi calls Bush 'a total failure'
WASHINGTON - President Bush has been a "total failure" in everything from the economy to the war to energy policy, House Speaker Nancy Pelosi said Thursday. In an interview on CNN, the California Democrat was asked to respond to video of the president criticizing the Democratic-led Congress for heading into the final 26 days of the legislative session without having passed a single government spending bill.
Nations:U.S. People:Harry Reid Nancy Pelosi Barack Obama John McCain George W. Bush Activities:110th Congress Bush Admin. Source:(AP)
2008-07-17
Bush claims privilege to withhold CIA leak records
WASHINGTON - President Bush invoked executive privilege to keep Congress from seeing the FBI report of an interview with Vice President Dick Cheney and other records related to the administration's leak of CIA operative Valerie Plame's identity in 2003.
Nations:U.S. People:Richard Armitage Karl Rove Dick Cheney Activities:2003 CIA Leak Case Bush Admin. Source:(AP)
2008-07-16
Stocks soar on drop in oil, Wells Fargo report
NEW YORK - Wall Street at least temporarily shrugged off some of its many concerns Wednesday and bounded higher thanks to a drop in oil prices. The Dow Jones industrial average rose 276 points, or 2.5 percent, posting its best daily gain in three months.
Nations:U.S. Germany Japan France Activities:U.S. Markets
2008-07-16
Liu says 'Kung Fu Panda' is an improv adventure
TOKYO - Lucy Liu had some trouble learning her lines for the hit summer animated film "Kung Fu Panda." But that wasn't her fault -- a lot of the time, she said, there weren't any lines to learn.
Nations:China Japan People:Lucy Liu Jack Black Angelina Jolie Dustin Hoffman Jackie Chan Source:(AP)
2008-07-15
IndyMac depositors line up for cash after seizure
PASADENA, California (Reuters) - Hundreds of worried IndyMac Bancorp Inc customers descended on the company's branches on Monday to withdraw their money, after regulators seized what was once one of the largest mortgage lenders in the United States.
Nations:U.S. Activities:2008 IndyMac Collapse Source:(Reuters)
2008-07-14
Heavy rains complicate Calif. firefighting efforts
SAN FRANCISCO - Violent thunderstorms brought rain bursts that modestly helped firefighting efforts Sunday, but the downpours also triggered mudslides that complicated California's unfolding wildfire disaster.
Nations:U.S. Source:(AP)
2008-07-13
Yahoo spurns Microsoft again as bad blood boils
SAN FRANCISCO - Yahoo Inc. has rejected Microsoft's latest attempt to buy its online search operations in a "take or leave it" proposal that Yahoo said would have dismantled its Internet franchise.
Nations:U.S. People:Carl Icahn Activities:Microsoft - Yahoo Deal Source:(AP)
2008-07-13
Agriculture Department announcing meat recall rule
WASHINGTON - Next time there's a meat recall, you may be able to find out if your local grocery store received any of the tainted meat.
Nations:U.S. Source:(AP)
2008-07-11
US foreclosure filings surge 53 percent in June
WASHINGTON - The number of homeowners stung by the rout in the U.S. housing market jumped last month as foreclosure filings grew by more than 50 percent compared with June a year ago, according to data released Thursday.
Nations:U.S. People:Henry Paulson Activities:2007 Global Credit Crunch Source:(AP)
2008-07-10
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