Reuters - Americans applied to buy homes at the highest pace last week since May, but more than 8 of every 10 loan requests was for a refinancing, Mortgage Bankers Association data show on Wednesday.
AP - House Republican Leader John Boehner (BAY'-nur) is proposing a two-year freeze on all tax rates and a cut in government spending to the levels of 2008, before the recession hit.
AP - House Republican Leader John Boehner (BAY'-nur) is proposing a two-year freeze on all tax rates and a cut in government spending to the levels of 2008, before the recession hit.
AP - Oil giant BP PLC says in an internal report that multiple companies and work teams contributed to the massive Gulf of Mexico spill that fouled waters and shorelines for months.
AP - The leader of a small Florida church that espouses anti-Islam philosophy said he was still praying about whether go through with his plan to burn copies of the Quran on Sept. 11, which the White House, religious leaders and others are pressuring him to call off.
AP - Seeking to give anxious Democrats a boost ahead of the November elections, President Barack Obama is pitching a trio of economic initiatives Wednesday and voicing unwavering opposition to Bush-era tax breaks for the wealthy, an issue on which he's looking to draw a stark contrast with Republicans.
AP - Suddenly, the race for Chicago mayor is on. Mayor Richard M. Daley has thrown the competition for the city's top job wide open by announcing he won't run for a seventh term, ending 21 years of token opposition and prompting speculation about who's next in line to lead the nation's third largest city.
AP - Suddenly, the race for Chicago mayor is on. Mayor Richard M. Daley has thrown the competition for the city's top job wide open by announcing he won't run for a seventh term, ending 21 years of token opposition and prompting speculation about who's next in line to lead the nation's third largest city.
AP - Trying to smooth over recently rocky relations before a visit to Washington, Chinese President Hu Jintao told American officials on Wednesday that he wants to see healthy and stable ties between the two countries.
Reuters - China and the United States said on Wednesday that their sometimes rocky relationship is sounder after talks in Beijing, with both putting an optimistic face on ties that have been jolted by economic and security tensions.
Reuters - Japan's finance minister acknowledged currency intervention is an option for the first time since the yen's 14 percent rise since May, and a candidate to become prime minister sanctioned solo intervention as the yen jumped to a 15-year high versus the dollar.
Reuters - Japan's finance minister acknowledged currency intervention is an option for the first time since the yen's 14 percent rise since May, and a candidate to become prime minister sanctioned solo intervention as the yen jumped to a 15-year high versus the dollar.
Reuters - President Barack Obama will push billions of dollars in new business tax incentives and spending on big construction projects on Wednesday, as he tries to convince a balky Congress to pass measures intended to spur the economy and create jobs.
Reuters - President Barack Obama will push billions of dollars in new business tax incentives and spending on big construction projects on Wednesday, as he tries to convince a balky Congress to pass measures intended to spur the economy and create jobs.
Reuters - President Barack Obama will push billions of dollars in new business tax incentives and spending on big construction projects on Wednesday, as he tries to convince a balky Congress to pass measures intended to spur the economy and create jobs.
Reuters - BP is due to release its internal investigation into what caused a rig blast that led to the United States' worst ever oil spill on Wednesday and investors will be looking for clues as to whether BP will be able to fend off accusations of gross negligence.
Reuters - BP Plc's internal probe of the deadly April 20 blowout that unleashed the massive Gulf of Mexico oil spill will assign blame to BP as well as other companies involved in the well's operations, The Wall Street Journal reported on Tuesday.
AP - Fire officials say flames have swept through at least two dozen Detroit homes, fanned by strong winds that toppled power lines across the city and knocked out service to at least 113,000 Michigan homes and businesses.
Reuters - LONDON (Reuters) Stock index futures pointed to a slightly lower opening for U.S. shares on Wednesday, extending a decline from the previous session, as worries about the financial health of the euro zone's banks resurfaced. * At 0841 GMT futures for the Dow Jones, S&P 500 and Nasdaq were down between 0.1 and 0.2 percent.
AP - Will Esposito describes an otherworldly scene after a wildfire tore through a canyon in the Colorado foothills: Some houses in his neighborhood burning while others stood intact, a propane tank shooting flames into the sky, and an eerie quiet interrupted only by firefighting helicopters and airplanes.
AP - Police Chief Charlie Beck pleaded for calm and vowed his department would conduct an exhaustive investigation into a bicycle officer's fatal shooting of a drunken day laborer with a knife.
AP - Investigators found no explosives aboard a Los Angeles-bound Thai Airways flight in which a bomb threat was found scrawled on a bathroom mirror, the FBI said Wednesday.
AP - Idaho Sen. Mike Crapo might seem like an unlikely person to be pushing a bill to cut federal taxes on small beer-makers: A member of The Church of Jesus Christ of Latter-day Saints, he abstains from alcohol.
AP - It's power spent, what was left of Tropical Storm Hermine was making its way north Wednesday, having drenched parts of northeastern Mexico and south Texas before weakening.
Brent Bozell III - The midterm elections this fall will feature young people born in 1992 — in other words, four years after Ronald Reagan left office. What do they know about this man?
AP - Japan's machinery orders, a key gauge of future business investment, rose the most in seven months, a sign that companies are more confident in the economic recovery.
AP - Official data show that German exports dipped by 1.5 percent in July compared with the previous month but were still up a strong 18.7 over the same month last year.
Dubai, Sep 8 (PTI) The Gulf Cooperation Council, a political and economic union involving the six Arab states, has decided to shelve its proposed customs union by at least two years after the modalities for the distribution of revenues and the mechanism of collection were not finalised.
AP - A proposed Islamic community center near ground zero will include separate prayer spaces for Muslims, Christians, Jews and people of other faiths, the imam behind plans for the facility wrote in an op-ed piece published online Tuesday.
CQPolitics.com - ABERDEEN, S.D. -- Former vice presidential candidate Sarah Palin holds a lot of sway with some Republican voters. But that hasn't stopped South Dakota state Rep. Kristi Noem from distancing herself from the polarizing political figure in her challenge to four-term incumbent Rep. Stephanie Herseth Sandlin (D).
AP - Officials hoisted a 70-foot piece of World Trade Center steel at ground zero Tuesday and vowed to open the Sept. 11 memorial by next year, although they acknowledged that the ongoing construction at the site would limit where and how the public could visit.
AP - Their control of the House in peril, Democrats are scratching to survive in races all across the country. Disgruntled voters, a sluggish economy and vanishing enthusiasm for President Barack Obama have put 75 seats or more — the vast majority held by Democrats — at risk of changing hands.
AP - Secretary of State Hillary Rodham Clinton on Tuesday called a Florida church's threat to burn copies of the Muslim holy book to mark the ninth anniversary of the Sept. 11 attacks a "disrespectful, disgraceful act."
AP - Tropical Storm Hermine gave a wet and windy punch to Texas on Tuesday before weakening into a tropical depression, leaving only minor scrapes in the storm-weary Rio Grande Valley, which is proving resilient this hurricane season after taking a third tropical system on the chin.
AP - Billionaire philanthropist George Soros is putting up $100 million, one of the largest donations of its kind, to expand Human Rights Watch and help it court more international support.
AP - The flight attendant accused of onboard antics that captured the nation's attention when he told off a passenger and slid down the plane's emergency chute with a beer will undergo a mental health evaluation with the aim of avoiding jail time in a possible plea deal.
Reuters - Hewlett-Packard Co sued former Chief Executive Mark Hurd and asked a court to block him from joining Oracle Corp, saying his hiring by the rival technology firm puts HP's trade secrets "in peril."
AP - U.S. President Barack Obama will travel to New York in late September to address a summit to spur the achievement of U.N. goals to combat poverty and the annual ministerial meeting of the General Assembly.
AFP - The United States said Tuesday it has requested 50,000 dollars in emergency aid for flood-hit Guatemala and reprogrammed another 4.38 million dollars in economic aid for recovery efforts.