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Top Stories


Fed to curb shady home-lending practices (AP)

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.

Iraq insists on withdrawal timetable for US troops (AP)

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.

Bush pushes US-India nuclear deal (AP)

AP - President Bush defended a languishing deal his administration negotiated to sell India nuclear fuel and technology, saying he reassured India's prime minister that the pact was important for both countries despite heavy opposition on both sides.

McCain, Obama pitch economic plans to Hispanics (AP)

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.

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

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.

Judge to Bush admin.: Guantanamo is top priority (AP)

AP - A federal judge overseeing Guantanamo Bay lawsuits ordered the Justice Department to put other cases aside and make it clear throughout the Bush administration that, after nearly seven years of detention, the detainees must have their day in court.

Wildfires push some from homes; some allowed back (AP)

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 another town to evacuate.

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

AP - 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.

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.

Cubs acquire pitcher Rich Harden from Athletics (AP)

AP - The Chicago Cubs acquired pitcher Rich Harden from the Oakland Athletics in a six-player trade on Tuesday, a day after the rival Milwaukee Brewers landed CC Sabathia. The Cubs received the right-handed Harden and righty Chad Gaudin for pitcher Sean Gallagher, outfielders Matt Murton and Eric Patterson, and minor leaguer Josh Donaldson.

Obama rejects charges of flip-flopping (Reuters)

Reuters - Democratic presidential hopeful Barack Obama rejected charges on Tuesday that he has shifted positions on Iraq and other issues as part of a move to the political center now that he is his party's nominee.

G8 set for showdown with poorer states over climate (Reuters)

Reuters - Big emerging economies will come under pressure on Wednesday to respond in kind to an initiative by rich countries to work towards a target of at least halving their global greenhouse gas emissions by 2050.

Fed may extend Wall Street lending (Reuters)

Reuters - Federal Reserve Chairman Ben Bernanke said on Tuesday the U.S. central bank may keep an emergency lending facility for big Wall Street firms open longer than it initially intended, a signal the Fed is fearful of shutting down a vital backstop.

Judge warns against delay for Guantanamo cases (Reuters)

Reuters - A U.S. federal judge said on Tuesday he would be concerned and suspicious if the Bush administration delayed cases brought by Guantanamo Bay prisoners seeking their release.

Iraq insists on U.S. withdrawal timetable (Reuters)

Reuters - Iraq will not accept any security agreement with the United States unless it includes dates for the withdrawal of foreign forces, the government's national security adviser said on Tuesday.